🗞 Daily Crypto News, April, 25th💰
- Samsung Developing Ethereum-Based Blockchain, May Issue Own Token;
- Litecoin Led Bitcoin’s Price Rally, Now It’s Hinting at a Pullback ;
- Big Players Transforming Crypto Exchanges in Japan ;
- Binance Singapore Launches But Offers Just One Trading Pair;
- John McAfee Vows to Unmask Crypto’s Satoshi Nakamoto, Then Backs Off ;
- 📑 Daily Crypto Calendar, April, 25th💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 Samsung Developing Ethereum-Based Blockchain, May Issue Own Token
South Korean electronics giant Samsung is developing its own blockchain network and eyeing the issuance of its own token further down the road.
An exclusive CoinDesk Korea report on Tuesday, citing a person “familiar with Samsung’s internal situation,” said that the company’s blockchain task force – part of its wireless division – is building a blockchain mainnet based on ethereum. The work, however, is still at the “internal experimental” stage.
The source said:
“Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.”
🗞Litecoin Led Bitcoin’s Price Rally, Now It’s Hinting at a Pullback
Bitcoin could fall back to $5,000 in the next few days, as litecoin – which guided markets higher in the first quarter – is showing signs of weakness.
Bitcoin’s long/short ratio has dropped well below 1.00 for the first time since Jan.1, signaling growing bearish sentiment. Further, the 14-day relative strength index is teasing a bearish divergence. Therefore, a price pullback looks likely.
The case for a drop to $5,000 would weaken if the price bounces up from the ascending 10-day moving average, currently at $5,303.
🗞 Big Players Transforming Crypto Exchanges in Japan
Government-approved cryptocurrency trading platforms in Japan are undergoing changes with big players entering the market. News.Bitcoin.com talked to Japan’s top financial regulator to learn about the regulatory implications of the changing business models and internal systems of regulated exchanges.
"There is no need to re-register. If its business model or internal control system are to be changed, FSA will rigorously review them from the perspectives of user protection and others".
🗞 Binance Singapore Launches But Offers Just One Trading Pair
Binance has launched a new cryptocurrency exchange in Singapore after months of anticipation, TechCrunch reported on April 23, albeit with limited features.
Users of the platform are only able to purchase bitcoin (BTC) using Singapore dollars (SGD,) meaning far fewer trading pairs are available for consumers compared with the company’s main exchange.
The Binance Singapore website suggests that the service is being offered in conjunction with Xfers, a local payment service that claims to offer a crypto wallet approved by Singaporean regulators. Three steps are listed for new customers: creating an account with Binance Singapore, linking their Xfers account, and beginning to buy and sell bitcoin as they wish.
🗞 John McAfee Vows to Unmask Crypto’s Satoshi Nakamoto, Then Backs Off
John McAfee, the eccentric antivirus pioneer known for his brushes with the law, said he has spoken with Bitcoin creator Satoshi Nakamoto and plans to reveal the person’s identity.
But the timing of the announcement is up in the air. After previously telling Bloomberg he would expose Nakamoto “within a week,” he backed off the plan. McAfee said Tuesday on Twitter the controversy could hurt his efforts to fight an extradition to the U.S.
“People forget that I am a technologist,” he said. “I am one of the best.”
In delaying the revelation, McAfee posted a letter from Mario Gray, his extradition lawyer, saying that exposing Nakamoto could make him the target of lawsuits -- forcing him to defend himself “on many fronts.”
“Releasing the identity of Satoshi at this time could influence the trial and risk my extradition,” he said in a tweet. “I cannot risk that. I’ll wait
📑 Daily Crypto Calendar, April, 25th💰
"On April 25th, Deex opens the platform for OTC (Over The Counter market) market trading."
"April 25–26, Seoul, South Korea, K.E.Y PLATFORM 2019"
Activation of Shift Core v7.0t will occur at block 22,400.
Thursday around 9 PM UTC we will add new language to our website: Polish.
"Purchase Q-Gas backed IOU with USDT," on BitAsset.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Yesterday we were testing the support line at 0.39 and I was saying you that I was hoping it won't break. It has been broken and as annonced, it created an acceleration in the drop. We are now stabilizing because we have a little bounce on the BTC from its support line but for sure STEEM did again a very bad drop yesterday... I will give you the next support in my next article.
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