The Lympo decentralized system ensures that individuals will get monetary rewards, which is quite a deviation from the existing systems where only the health and fitness companies reap profits. The aim of Lympo is to create an ecosystem that rewards those who lead a healthy life. The Health and Fitness Industry is Poised for Growth In the last few years, there has been raising awareness about health and fitness. By 2022, this industry is expected to be worth about $233 Read more …
Economy & Regulation Days before legalizing crypto activities, Belarus has adopted a new accounting standard that deals with cryptocurrencies. It classifies digital tokens according to their acquisition and intended use. The document defines the information companies will be required to share with authorities. The presidential decree regulating the crypto sector comes into force on March 28. Also read: More Belarusians Search “Crypto”, Question “Legalization” Goods, Investments, Settlements The Ministry of Finance in Minsk has developed a new Read more …
Two Chilean cryptocurrency exchanges that found their bank accounts closed are calling on the governments regulatory association to clarify its position on the industry. Chilean Exchanges Plea for Fair Regulation In a public statement, cryptocurrency exchanges BUDA and CRYPTOMKT have asked the Association of Banks and Financial Institutions (ABIF) to “make its position transparent” after they have both had bank accounts frozen. BUDA a Bitcoin exchange and CRYPTOMRKT which deals in Ethereum both found accounts closed with no warning. Spokesmen from CRYPTOMRKT Read more …
Key Highlights Ripple price remains in a bearish zone and is currently trading well below $0.6500 against the US dollar. There is a significant bearish trend line forming with resistance near $0.6500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair has to stay above the $0.6100 and $0.6000 support levels to stay in a bullish zone. Ripple price is facing a tough resistance against the US Dollar and Bitcoin. XRP/USD must clear the $0.6500 Read more …
Australian politicians have publicly talked about their successful digital investments, as Australia continues to move forward with crypto friendly legislation. New Political Blood Embraces Cryptocurrency According to the Brisbane Times, two of Queensland’s legislators have publicly declared their cryptocurrency trading history as part of the register of members’ interests. The register of members’ interests is a required listing of all properties, trusts, gifts as well as Union and party affiliations by members of Parliament. Newly elected Katter’s Australian Party Member Nick Damatto may be the Read more …
Huobi’s U.S.-based operation has registered with the U.S. government as a money services business ahead of a planned rollout of crypto-to-crypto trading this spring. HBUS Inc. is registered with the Financial Crimes Enforcement Network as of Mar. 21, according to the U.S. regulator’s database. Huobi revealed in January that it was opening an office in San Francisco to serve as the hub for its planned push into the American market. Li Lin, the chief executive and founder of Huobi Group, Read more …
With a market capitalization of just under € 2.4 billion, TRON currently ranks 13th among the largest crypto currencies in the world. Since the rapid increase in December 2017 and January 2018, there was a veritable hype about TRON. After the big cryptocrash, however, it went downhill for a while and the course was difficult to recover. Plagiarism allegations about the white paper were loud and put a strain on the whole project. Since the announcement of the launch of Read more …
Bitcoin Price Key Highlights Bitcoin price could be due for a short-term drop as price formed a double top on the 1-hour time frame. Price has also formed lower highs, which also indicates that sellers are pushing harder. Technical indicators, however, are still showing some signs that buyers could return. Bitcoin price has formed a small double top to signal that another wave lower could take place. Technical Indicators Signals The 100 SMA is above the longer-term 200 SMA to Read more …
The SEC believes that cryptocurrency exchanges could improve by implementing similar principles of stock markets. Cryptocurrency Markets Resemble “Wild West” Many regulators, experts, analysts believe that cryptocurrency markets still lack proper oversight and regulations. According to a recent report by VentureBeat, senior U.S. Securities and Exchange Commision (SEC), Brett Redfearn, stated that the current state of cryptocurrency markets resemble the “Wild West”. The Securities and Exchange Commission (SEC) is mainly concerned with cryptocurrency market manipulation, cybersecurity, fraud, money laundering and terrorist Read more …
The team of Ethos, the “people-powered cryptocurrency services company” reported that with their Universal Wallet release now fast approaching, they want to make sure it goes through the rigorous testing required to ensure it meets the highest standard for quality and security. Thus, in the coming week, the app will go into limited release to […]<br />Post source: Ethos finishing testing for Genesis release of Universal Wallet<br />More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com Source
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Join our community of 10 000 traders on Hacked.com for just $39 per month. Since yesterday, March 25, the cryptocurrency market has struggled to rebound to the $350 billion region. Apart from some small cryptocurrencies like Ontology and Ethos, most cryptocurrencies like bitcoin have recorded a slight decline in value. Bitcoin and Ethereum Keep Yesterday’s Levels Since March 25, both Ethereum and bitcoin have struggled to record any major gains or losses. The price of bitcoin declined slightly from $8,580 Read more …