How Indian Crypto Users Avoid Banks Closing Their Accounts

January 16th, 2019

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. Avoiding…

Cashshuffle Developer Says Privacy Project Nears Completion

January 16th, 2019

One of the Cashshuffle development team contributors, Josh Ellithorpe, revealed on Jan. 14 that the BCH-focused privacy shuffling protocol is near completion. The developers are planning to run a security audit on the code and have launched a fundraiser on the platform to help secure funding for the audit. Cashshuffle Crowdfunds Security Audit on…

French ATM Glitches and Bank Closures Reported After Scheduled Bank Run

January 15th, 2019

The grassroots yellow vest movement in France has been participating in protests for weeks on end. Just recently, high profile yellow vest members have been promoting a “bank run” on financial institutions and automated teller machines in Paris. According to reports, the scheduled bank run began in phases, the first of which started on Jan….

Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro

January 15th, 2019

On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards to executive orders and sanctions maintained by the United States that target Venezuela and the nation’s cryptocurrency, the petro. The document was filed with the WTO on Dec. 28. Venezuela Files…

Crypto Impersonation Scammers on Social Media Raked in Millions in 2018

January 15th, 2019

Over the last two years, as cryptocurrencies gained mainstream attention, scammers have become far more prevalent. One particular social media scam that can be found on prominent websites like Twitter, Facebook and Instagram is the impersonation of well-known crypto industry executives and blockchain luminaries. Unfortunately even a verified account means nothing these days and these…

St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

January 15th, 2019

The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Economic Research…

Analysis: Using Technical Indicators to Trade Crypto in 2019

January 15th, 2019

Technical analysis (TA) has been used to trade crypto since its inception. Traders claim that through careful analysis of historical data and focus on price, volume, and related indicators it is possible to identify patterns and predict outcomes. Here are a number of key indicators and mechanics commonly used for trading crypto. Technical Analysis Is…

Chatter Report: Antonopoulos on Rolling Checkpoints, Vays Defends Song’s Stance on Credit Cards

January 15th, 2019

In today’s roundup of crypto chatter, Andreas Antonopoulos explains rolling checkpoints and how consensus is achieved between miners, developers, exchanges, merchants, and wallets. Chris DeRose believes new Bitcoin pundits are toxic compared to the old ones. Also, Tone Vays defends Jimmy Song’s position on using credit cards over bitcoin. Andreas Antonopoulos Explains Rolling Checkpoints Recently,…

The Daily: Bittrex Opens OTC Desk, Bakkt Acquires Futures Team

January 15th, 2019

In today’s edition of The Daily, we cover a number of stories that show how the cryptocurrency ecosystem is evolving to become more inviting to institutional investors. Bittrex exchange opens an OTC trading desk, Bakkt “acquihires” a futures compliance team, and Swiss investment bank Vontobel launches a custody solution. Bittrex Opens OTC Desk U.S.-based digital…

Canadian Electoral Agency Clarifies Cryptocurrency Donations for Political Use

January 14th, 2019

Canada’s electoral body has started consultations on how political parties should handle cryptocurrency donations ahead of general elections slated for October. Political parties have requested guidance from Elections Canada (EC) on accepting contributions and conducting other transactions in bitcoin. EC has now released a draft note that broadly takes the position that cryptocurrency donations are…