Thursday, Feb. 28 — crypto markets continued trading sideways, while the total market capitalization has remained stable around $130 billion after a major sell off on Feb. 24, according to CoinMarketCap. Market visualization from Coin360 Bitcoin (BTC) is trading around $3,865, up around 0.3 percent over the past 24 hours at press time. With that, the biggest crypto has seen some volatility on the day, with its intraday low of $3,787, and the high of $3,906. After the Sunday sell Read more …
The chief executive body of the German government, the Cabinet of Germany, has revealed that the country’s blockchain strategy will be introduced by mid-2019. The Cabinet commented on the development of fintech in the country on Feb. 26, following a request for information from parliamentarians in the Bundestag. The document notes that fintech sandboxes are currently present in five member states of the European Union: Denmark, Lithuania, the Netherlands, Poland and the United Kingdom. The Cabinet states that they will Read more …
Coinbase is adding XRP to its retail platforms, allowing all customers in select jurisdictions access to the world’s third-largest cryptocurrency by market cap. On Thursday, the company, which already offers retail consumers access to bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, USDC, zcash, Brave’s Basic Attention Token, the 0x protocol token and withdrawals of bitcoin cash SV, announced it would be adding XRP to coinbase.com, as well as its Android and iOS apps. “Coinbase customers can now buy, sell, convert, Read more …
Japan’s National Police Agency (NPA) say cases of suspected money laundering reportedly linked to cryptocurrency increased by 900 percent in 2018 when compared to the previous year. However, this still comprises only 1.7 percent of all money laundering investigations. Cryptocurrency Money Laundering Up Tenfold in Japan According to The Japan Times, the NPA reports that it recorded 7,096 cases of suspected cryptocurrency money laundering. This figure represents a tenfold increase from the 669 cases reported between April and December 2017. Read more …
Are you confused about crypto? Does blockchain boggle your brain? Then panic not. Here at CoinCentral, we live and breathe this stuff every single day of the week. So for the benefit of the uninitiated, we’ve put together a summary of how it all works that’s so simple, even your granny will get it. This is our guide to Bitcoin for dummies. Bitcoin is a peer-to-peer digital currency, where transactions are recorded on a distributed ledger. Don’t get scared by Read more …
Ethereum prices bearish, strong liquidation at $170 Constantinople in progress Transaction volumes increase in last weeks but will accumulation trigger bulls After previous attempts flopped, we expect the ongoing Constantinople upgrade to be a success. Whether that will rouse price action, we don’t know, but for bulls to be firmly in control, prices must rally above $170 or Dec 2018 highs. Ethereum Price Analysis Fundamentals As you read this, Constantinople software upgrade may be in progress and the second stage Read more …
Venture capitalist Fred Wilson suggested that bitcoin investors buy the post-crash dip because there are a lot of exciting developments right now that make the crypto industry worth investing in. Wilson proffered the advice in a February 28 blog post: “We are in the post-crash cycle in crypto, and that has made the sector interesting to me again. Prices are way down and there is a lot of great work being done on projects we are invested in and projects Read more …
Facebook is talking to exchanges about potentially listing a cryptocurrency. That’s the main finding from a New York Times story published Thursday on several efforts to introduce native cryptocurrencies to widely used messaging platforms. The Times reports that Signal and Telegram are also planning to roll out tokens over the next 12 months. Citing “four people briefed on the negotiations,” the Times reports that Facebook has told exchanges it expects to get a product out in the first half of Read more …
Money laundering cases related to cryptocurrencies in Japan have increased significantly in 2018. Nevertheless, their number remains a fraction of the total. According to the Japanese press, the majority of reported money laundering instances actually involve banks and other traditional financial institutions. Also read: Platform for Crypto Payments to Bank Accounts Launching in the UK Most Instances Involve Banks and Credit Card Companies The number of cases of suspected money laundering linked to cryptocurrencies reported in Japan surpassed 7,000 last Read more …
JPMorgan Chase’s blockchain team is increasing its firepower around a branch of mind-bending math called zero-knowledge proofs (ZKPs). These proofs, which allow someone to prove a statement is true about a set of data without revealing the data itself, are seen as a solution to the privacy issues that have made regulated companies wary of using shared digital ledgers. Previously, JPMorgan did pioneering work in this area with Quorum, its private version of the ethereum blockchain. Now, the global bank Read more …
Facebook’s blockchain team has made a significant amount of progress on its secretive cryptocurrency project since Bloomberg first reported that the company was building a dollar-pegged stablecoin. So much progress, in fact, that you may soon find the WhatsApp-focused cryptocurrency listed on a bitcoin exchange near you. Facebook Has Already Met with Bitcoin Exchanges to Discuss its WhatsApp Token According to The New York Times, Facebook has already quietly met with multiple bitcoin exchanges to discuss using their platforms to Read more …
Ripple (XRP) prices in range mode Miguel Vias of XRP Market put to an end bribing rumors Transactional volumes in an uptrend Although it is overwhelmingly bullish that CoinBase Pro now supports XRP trading pairs, bribing rumors is a stain. Miguel Vias of XRP Markets took to twitter stating that the listing was an independent CoinBase decision. All the same, Ripple (XRP) is in consolidation above 30 cents. Ripple Price Analysis Fundamentals Now that XRP is available for trading at Read more …