Thursday, May 9, 2019
CryptoCurrency News: Halving Rally: Litecoin’s Price Logs Biggest Monthly Winning Streak Since 2017
Litecoin's next block reward halving is now less than 90 days away, but the world's sixth largest cryptocurrency may still have room to run before investors "sell the news."
via CoinDesk
CryptoCurrency News: Crypto-Friendly US Congress Members Join New Fintech Task Force
The U.S. House of Representatives is launching a task force to examine financial technology, including blockchain.
via CoinDesk
CryptoCurrency News: SEC Commissioner Fears ‘Heel-Dragging’ Will Stifle Crypto Innovation
SEC Commissioner Hester M. Peirce is worried that the regulators are moving too slowly for the crypto ecosystem.
via CoinDesk
CryptoCurrency News: Weekly Bitcoin Price Indicator Prints Strongest Bull Signal Since Early 2018
Bitcoin's weekly relative strength index (RSI) has printed its highest value since 2018, showing its momentum is firmly back in bullish territory.
via CoinDesk
CryptoCurrency News: FinCEN Says Some Dapps Are Subject to US Money Transmitter Rules
Decentralized applications (dapps) may sometimes qualify as money transmitters under U.S. law, FinCEN said.
via CoinDesk
CryptoCurrency News: ‘We’ll Tokenize the House’: Mortgages Are Coming to Ethereum This Summer
Fintech startup Fluidity plans to launch ethereum-powered mortgages in California and New York, CoinDesk has learned.
via CoinDesk
CryptoCurrency News: ‘Critical’ MakerDAO Vulnerability Could Have Frozen Voter Funds, Auditors Say
The vulnerability that was disclosed by the MakerDAO Foundation this week could have put user funds in jeopardy by preventing withdrawals of MKR tokens.
via CoinDesk
CryptoCurrency News: Fundamental Labs Fund to Invest $44 Million in Brand-New Bitcoin Miners
A bitcoin mining fund is investing $44 million in brand-new hardware, a longer-term bet than most are making.
via CoinDesk
CryptoCurrency News: Bitfinex Token Sale Has Lined Up $1 Billion in Commitments, Shareholder Says
Bitfinex's parent has received $1 billion in hard and soft commitments for its exchange token sale, a shareholder says.
via CoinDesk
CryptoCurrency News: Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close
GSR Capital has closed on its investment in Overstock.com's tZERO, security token platform, after months of delays.
via CoinDesk
CryptoCurrency News: BitGo Hires Former Wall Street Forex Trading Exec
Crypto custody provider BitGo has hired Nick Carmi, former head of forex trading at a number of Wall Street banks.
via CoinDesk
CryptoCurrency News: Trading Firms Propose ‘Bad Actors Blacklist’ to Clean Up Crypto Industry
Cryptocurrency trading firms held a Chicago meeting to discuss ways to prevent the rising numbers of hacks and scams in the industry.
via CoinDesk
CryptoCurrency News: Bitcoin’s Market Share Hits 8-Month High as Price Passes $6K
Bitcoin's recent rally looks sustainable, according to the charts, and the cryptocurrency's rising dominance rate suggests investors are bullish.
via CoinDesk
CryptoCurrency News: There’s a New Medici Bank After 500 Years, And This Time It’s Crypto-Friendly
A descendant of the famed Medici Italian banking family has opened a cryptocurrency-friendly bank in Puerto Rico.
via CoinDesk
CryptoCurrency News: JPMorgan Has Quietly Rebooted the Blockchain Tech Behind Its JPM Coin
JPMorgan has been replacing key privacy components of its Quorum blockchain platform over the past six months.
via CoinDesk
CryptoCurrency News: Facebook Softens Policy on Crypto and Blockchain Ads
Over a year after its outright ban, Facebook has lifted some restrictions on cryptocurrency and blockchain related advertisements.
via CoinDesk
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