🗞 Daily Crypto News, January, 22nd💰

in #cryptopcurrency5 years ago

  • SF Summit Shows BitTorrent Is Boosting Tron’s Appeal ;
  • Dutch Financial Authorities Plan Licensing Scheme for Crypto Exchanges ;
  • Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary ;
  • How to Buy Bitcoin Anonymously ;
  • Russian Institutions Back Proposal to Let Companies Use Cryptocurrency ;
  • 📑 Daily Crypto Calendar, January, 22nd💰
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 SF Summit Shows BitTorrent Is Boosting Tron’s Appeal

“I was very interested in making fun of it.”

That’s how crypto YouTuber Ben Armstrong, known around the web as “BitBoy,” described how he felt about Tron prior to its acquisition last summer of file-sharing platform BitTorrent.

Now, outside Day 2 of Tron’s niTROn Summit in San Francisco last Friday, BitBoy felt differently: Tron was worth paying attention to.

Sun told CoinDesk:

“BitTorrent is different, because we already have 100 million active users. I think that is the huge challenge for other companies.”

🗞 Dutch Financial Authorities Plan Licensing Scheme for Crypto Exchanges

Financial authorities in the Netherlands are planning a licensing scheme for crypto exchanges and wallet service providers to prevent money laundering and terrorism financing.

De Nederlandsche Bank (DNB), the nation’s central bank, and the Netherlands Authority for the Financial Markets (AFM) published a report earlier this week, suggesting that fiat-to-crypto exchanges and custody solution providers must be licensed as cryptocurrencies carry “high financial crime risks.”

🗞 Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary

Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21.

Rakuten, known informally as ‘Japan’s Amazon,’ originally revealed in August last year it would seek to reorganize its various offshoots in order to improve accountability and decision-making processes.

Now, the company says it will rebrand its loyalty subsidiary, Spotlight Inc., to a new entity, Rakuten Payment, which will also run its cryptocurrency exchange.

🗞 How to Buy Bitcoin Anonymously

Buying bitcoin is not a revolutionary act. Nor should it be. And yet the way statists, apparatchiks and politicians bang on, you’d think the mere act of acquiring digital currency was akin to receiving the keys to a pandora’s box in which lurks every illicit artifact known to man. One day, these dinosaurs will begrudgingly concede that buying bitcoin is no more seditious than buying a soda with a $20 bill. But until then, you’ll want to preserve your privacy when acquiring cryptocurrency.

🗞 Russian Institutions Back Proposal to Let Companies Use Cryptocurrency

An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation.

"The law on the regulatory sandbox, which I hope we’ll adopt during the spring [parliamentary] session, will allow either individual companies or a given industry to use crypto instruments in their economic turnover and business operations in certain regions."

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📑 Daily Crypto Calendar, January, 22nd 💰

  • Insolar (INS)

Announcing Insolar’s Private TestNet on January 22, 2019! Community members are welcome to join!

  • Impleum (IMPL)

IMPL will be listed on SWFT Blockchain.

  • XOVBank (XOV)

XOV will be making an announcement about a payments partnership and will issue a press release to the public.

  • QLC Chain (QLC)

AMA thread at /r/QLCChain subreddit on Jan 22 at 12 PM (UTC).

  • AdCoin (ACC)

Algorithm Switch

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

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Here is the current chart :

image.png

The drop of yesterday was short as we had a very quick pull back upper of the resistance line. This resistance line is now a support line and it looks like the market want to use that line to see if we will have a bounce. As you can see, we are almost sitting on that line and we need to see a bounce very soon to confirm that scenario. Let's see if the enabling of the wallets on Bithumb will impact this scenario and if it is the case, in which direction it will be.

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