After forming a strong support base above USD 9,200, bitcoin price started a fresh increase above USD 9,350. BTC/USD gained bullish momentum and surpassed the USD 9,550 and USD 9,650 resistance levels. The price traded close to USD 9,750 and it is currently (09:00 UTC) showing positive signs. Also, there were strong gains in most…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Bitcoin sidechain RSK said it has launched a two-way bridge between Bitcoin and Ethereum blockchains. Developers on either platform can send their tokens to the other ecosystem, leveraging the…
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United States SEC Commissioner Hester Peirce aka “Crypto Mom” has formally proposed a safe harbor from SEC registration for decentralized token projects. United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects. After initially floating the idea in August 2019, Peirce has now formally presented a regulatory…
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The Arizona District Attorney (DA) has announced that two men have been charged with fraud and money laundering offenses after allegedly duping victims – including octogenarians and a number of ex-Major League Baseball (MLB) players – into investments in a bogus crypto investment fund. The DA said that John Michael Caruso, 28, and Zachary Salter,…
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The United Kingdom’s financial regulator, the Financial Conduct Authority, is looking to hire a specialist with a cryptocurrency background. The United Kingdom’s major financial regulator, the Financial Conduct Authority (FCA), is looking to hire a specialist with a cryptocurrency background. Specifically, the FCA is seeking an intelligence associate with crypto expertise to address digital assets…
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A co-founder and former lead developer of IOTA has threatened the project’s co-founder and IOTA Foundation director David Sønstebø with a lawsuit. A co-founder and former lead developer of the decentralized network IOTA, Sergey Ivancheglo, has IOTA Foundation director David Sønstebø with a lawsuit over 25 million MIOTA (over $8.5 million). Ivancheglo announced that he…
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Tezos (XTZ), one of the best-performing cryptoassets of 2019, has seen another surge again over the past 7 days, making it the week’s top-performing coin among the 20 most valuable digital assets by market capitalization. As of pixel time (11:46 UTC), XTZ is up 32.5% over the past 7 days, 6.5% in a day and…
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Contradictory statements surround Novogratz’s relationship with XRP, which is a portfolio feature of his crypto merchant bank, Galaxy Digital. Controversial altcoin XRP is still “proving” itself, but Bitcoin (BTC) remains the recommended investment choice in the cryptocurrency world, Mike Novogratz says. In a series of tweets on Feb. 6, venture capitalist Novogratz, who is also…
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Ethereum 2.0 developers are sure that the Phase 0 of the network’s upgrade will be launched this year. Ethereum’s major network upgrade, Ethereum 2.0 (a.k.a. Serenity), should be rolled out in phases, the first of which is Phase 0. The upgrade will bring, among other things, sharding, proof-of-stake (PoS), and a new virtual machine. On…
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South Korean banks and financial services providers will increasingly look to use public blockchain solutions, say experts in the country. Seoul has been supportive of a range of private-only blockchain projects, and has even provided such ventures with multi-million dollar funding. But South Korean Blockchain consultant Mira Kim told Cryptonews.com that banks in the Read…
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