🗞 Daily Crypto News, April 17th💰

in #bitcoin6 years ago (edited)

  • Coinbase Acquires Earn.com And Hires CEO As Chief Technology Officer ;
  • The Top 5 Decentralized Crypto Exchanges to Watch out for in 2018 ;
  • How Monex Plans to Revive Hacked Japanese Crypto Exchange Coincheck ;
  • China’s Position on Crypto Likely to Harden Under New PBOC Governor ;
  • Lightning + NFC? The New Plan to Bring Bitcoin to Retail ;
  • 📑 Daily Crypto Calendar, April 17th💰
  • STEEM Trading Update by @cryptopassion

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

🗞 Coinbase Acquires Earn.com And Hires CEO As Chief Technology Officer

Cryptocurrency exchange Coinbase has acquired Earn.com, a paid messaging service enabled by Blockchain technology, and appointed the company’s CEO, Balaji Srinivasan, as its first Chief Technology Officer (CTO), TechCrunch reported April 16.

Neither Coinbase nor Earn.com, formerly known as 21.co, disclosed the terms of the deal, but Srinivasan told TechCrunch that it represented a positive return on investment for those who backed Earn.com. Since the company initially raised $120 mln in investment, there is some indication as to the cost of the deal.

Read more & Source: https://cointelegraph.com/news/coinbase-acquires-earncom-and-hires-ceo-as-chief-technology-officer

🗞 The Top 5 Decentralized Crypto Exchanges to Watch out for in 2018

DEXs are quickly gaining popularity over centralized exchanges because they let regular investors leverage faster trades. As Ethereum co-founder Vitalik Buterin has stated, the focus of DEXs is “NOT satisfying the needs of ‘whales’ and professional traders. Rather, it is in user convenience for regular people.” If DEXs become more user-friendly and offer the advanced trading features common on centralized exchanges, their popularity is likely to surge.

Read more & Source: https://themerkle.com/the-top-5-decentralized-crypto-exchanges-to-watch-out-for-in-2018/

🗞 How Monex Plans to Revive Hacked Japanese Crypto Exchange Coincheck

The hacked Japanese cryptocurrency exchange Coincheck has officially been acquired by one of Japan’s largest online brokerage firms. Monex Group has outlined its plans of reviving Coincheck and the risks associated with the acquisition.

Read more & Source: https://news.bitcoin.com/monex-plans-revive-hacked-japanese-crypto-exchange-coincheck/

🗞 China’s Position on Crypto Likely to Harden Under New PBOC Governor

China’s cryptocurrency markets have witnessed a number of significant events in recent weeks, including affirmation from the People Bank of China (PBOC)’s new governor, which will likely intensify the country’s crackdown on cryptocurrency.

Read more & Source: https://news.bitcoin.com/chinas-position-crypto-likely-harden-under-new-pboc-governor/

🗞 Lightning + NFC? The New Plan to Bring Bitcoin to Retail

Imagine a way to expand bitcoin payments to millions per second. Now, imagine a clunky, command-line interface.

That's the extent of the divide between the vision enabled by bitcoin's best-yet scaling solution, the lightning network, and the current state of its design. But while that's daunting, developers are moving ahead on designs to make the payment system easier to use, with one recently submitting a proposal for connecting lightning with a payment technology that could make it feel as futuristic as it's touted.

Read more & Source: https://www.coindesk.com/lightning-nfc-new-plan-bring-bitcoin-retail/

Daily Crypto Calendar, April, 17th

  • Verge (XVG)

Verge will share the details of their new partnership on April 17th.

  • Komodo (KMD)

Mike Brusov (CEO) will be giving a speech at the major Nordic IoT Week tech summit in Helsinki.

  • Cindicator (CND)

Wanchain will announce the first set of 6 projects that will launch on the Wanchain blockchain.

  • NEO (NEO)

"NEO will host a workshop before NEO Lisbon meetup at 17:00-18:00 on 17th April."

  • Ethorse (HORSE)

"..the platform will go live on Mainnet on April 17, 2018, 17:00 GMT. Ethorse team will place bets up to 25 ETH on day 1."

  • Peculium (PCL)

Robby Schwertner, Chief Communications Officer, will visit Energy Blockchain Event in Berlin, Germany.

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-april-17th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

As I was explaining you yesterday, we were following closely the MMA20 and we reached the resistance line at 2.85$. However, the bull volume was not enough this time to break that resistance line and the drop came back.

We have now to look at the previous low, we broke it during some hours (brown line) but we are now up again. It is possible that we use that line as support to continue the UP. However, if that little support doesn't hold, I'm afraid that the correction will continue in direction of the MMA50 (violet line). Let's see what will happen in the coming hours.

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Great content keep it up :)

Thanks for the update.

what about taxes in u.s?

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