🗞 Daily Crypto News, December, 13th💰

in #bitcoin • 4 years ago (edited)

  • Bitcoin’s Best Ally Is Just Time: Pompliano ;
  • Russia’s Largest Darknet Market Is Hawking an ICO to Fund Global Expansion ;
  • Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets ;
  • Swiss Government Quashes ‘E-Franc,’ Says Current Risks Outweigh Benefits ;
  • BitMEX and Arthur Hayes Now Have USD 300 Million Problem ;
  • 🗞 Daily Crypto News, December, 13th 💰
  • STEEM Trading Update

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

🗞 Bitcoin’s Best Ally Is Just Time: Pompliano

Anthony "Pomp" Pompliano is one of bitcoin’s biggest boosters. His Twitter feed is a hurricane of crypto-news, self-promotion and inspirational quotes for hodlers of heavy bags. He ends every week with a summary of bitcoin’s biggest accomplishments, always including the un-ironically cheerful: “bitcoin still not dead.”

This past year, Pomp served as crypto’s ambassador to traditional finance in appearances on CNBC’s Squawk Box. He also defended bitcoin against notable skeptic Shark Tank's Kevin O’Leary. Just this week, he called out Mark Cuban for saying bitcoin has “no chance.”

🗞 Russia’s Largest Darknet Market Is Hawking an ICO to Fund Global Expansion

Hydra, reportedly the largest darknet marketplace serving Russia and neighboring countries, claims it is seeking to raise $146 million through a token sale to fund a worldwide expansion. The sale is scheduled to launch Dec. 16, according to an investment memorandum on the site, which is hard to access without a special anonymized browser.

The tokens, priced at $100 each, will be available to purchase on the platform for bitcoin. A “package” of 100 tokens will provide a buyer with a 0.00333333 percent share of Hydra’s profit, the memorandum says. It makes no mention of which blockchain (if any) the tokens would run on.

🗞 Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets

Digital asset custody firm Trustology has cut seven staffers, including three executives, as the big banks and institutional players that were its target market are taking longer than expected to jump into the crypto space.

The firm, which now has a headcount of 11, has changed focus and is now courting crypto hedge funds and exchanges as well as the nascent decentralized finance space.

“Unfortunately we had to let go of seven individuals - three executives and four developers,” said Alex Batlin, CEO and founder of Trustology. “We needed to restructure, we needed to downsize.”

🗞Swiss Government Quashes ‘E-Franc,’ Says Current Risks Outweigh Benefits

According to a Dec. 13 press release published on the Federal Council’s website, the Federal Council approved a report exploring the opportunities and risks of issuing a digital form of the country’s national currency, the franc.

Following an analysis, the Federal Council concluded that a central bank digital currency (CBDC) cannot meet expectations for payment efficiency, effective monetary policy, and a more stable financial system. The council said:

“Universally accessible central bank digital currency would bring no additional benefits for Switzerland at present. Instead, it would give rise to new risks, especially with regard to financial stability.”

🗞BitMEX and Arthur Hayes Now Have USD 300 Million Problem

Major crypto exchange BitMEX and its co-founder and CEO Arthur Hayes just got into another problem.

The company and its CEO are now being sued for USD 300 million by Frank Amato, a former JPMorgan Chase commodity derivatives trader, and RGB Coin Ltd., who claim to have been the first seed investor of BitMEX in 2015, Bloomberg reported.

According to the suit, the initial USD 30,000 investment was supposed to later be converted into equity, but they weren’t granted the equity, the report added.

Amato and RGB Coin want to recoup the value of their equity, more than USD 50 million, and USD 250 million in punitive damages, it said.

🗞 Daily Crypto News, December, 13th 💰

  • iExec RLC (RLC)

"The team is getting ready for the upcoming release: iExec V4 on December 13."

  • Binance Coin (BNB), Bitcoin (BTC), General Event (CRYPTO), Flixxo (FLIXX), RSK Smart Bitcoin (RBTC), Zcash (ZEC)

Latin America Bitcoin & Blockchain Conference in Uruguay from Dec 12th - 13th.

  • 3DCoin (3DC)

3DCoin / Project Districts weekly Telegram AMA from 21:00 (UTC+4) to 23:00 (UTC+4).

  • Harmony (ONE)

"Join us on Friday, Dec 13th, for our first-ever AMA post the official release of our Staking Economics!"

  • Bitrue Coin (BTR), Contentos (COS)

"There is a limited cap for this investment opportunity. We will open this cap... and will keep it open for one week or until it runs out."

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of my last analysis :

Here is the current chart :

I think we can validate that the resistance line around 0.138$ has been broken and that this break has been validated with the pull back that we just experienced. Look how we broke the line, go back on it and having now a bounce. If that bounce continue, this is the perfect pattern of pull back which is a patter who is validating the current trend, so here a UP.

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4 years ago in #bitcoin by
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     4 years ago 

    @tipu Curate

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     4 years ago 

    Thank you 🙏 !

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      [-]
       4 years ago 

      My pleasure! Thank you for the news!

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         4 years ago 

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        Your UA account score is currently 4.820 which ranks you at #1422 across all Steem accounts.
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