🗞 Daily Crypto News, February 1st 💰

in #bitcoin2 years ago (edited)

  • Formerly Top Cryptocurrency Exchange Huobi To Open Office In US;
  • Coinshares Group Plans to Launch New Crypto-Investment Funds;
  • Taipei Partners With IOTA To Become A Blockchain-Powered Smart City;
  • Russia’s Largest State Bank To Open Cryptocurrency Exchange In Europe;
  • Square Adds Bitcoin Buying for More Cash App Users
  • 📑 Daily Crypto Calendar, February 1st 💰
  • STEEM Trading Update by @cryptopassion

🗞 Formerly Top Cryptocurrency Exchange Huobi To Open Office In US

Huobi, one of the largest cryptocurrency exchanges that was originally founded in China, has revealed its plans to open an office in San Francisco. The announcement took place during the Blockchain Connect conference Friday, Jan. 26.

Blockchain Connect, an event that focused on the cooperation between the US’ and China’s cryptocurrency markets, took place on Friday, Jan. 26 in San Francisco.

Read more & Source: https://cointelegraph.com/news/formerly-top-cryptocurrency-exchange-huobi-to-open-office-in-us

🗞 Coinshares Group Plans to Launch New Crypto-Investment Funds

This week the firm Coinshares Group has announced two new investment vehicles tethered to cryptocurrencies. Coinshares was the first organization to launch publicly traded bitcoin and ethereum-based exchange-traded-notes (ETN), and the firm’s new funds will offer retail investors more “familiar channels” to invest in the growing digital asset economy.

Read more & Source: https://news.bitcoin.com/coinshares-group-plans-to-launch-new-crypto-investment-funds/

🗞 Taipei Partners With IOTA To Become A Blockchain-Powered Smart City

Taipei, Taiwan is seeking to become a smart city by utilizing the power of Distributed Ledger Technology (DLT), or Blockchain. The city has chosen to partner with IOTA, the inventors of the so-called Tangle technology for the Internet of Things (IoT), to provide a number of new technology features for residents.

Wei-bin Lee, Commissioner of the Department of Information Technology in Taipei City Government, suggested in an official press release that the ‘unique technology’ offered by IOTA will usher in a ‘new era of smart cities for the citizens of Taipei’.

Read more & Source: https://cointelegraph.com/news/taipei-partners-with-iota-to-become-a-blockchain-powered-smart-city

🗞 Russia’s Largest State Bank To Open Cryptocurrency Exchange In Europe

Sberbank, the largest state bank of Russia, is planning to launch a cryptocurrency exchange in its Swiss branch, Sberbank Switzerland AG, local media group RBC reported on Tuesday Jan. 30.

The bank’s Head of Global Markets Andrey Shemetov told RBC that the Russian bank chose Switzerland for the exchange location because Russian authorities do not currently allow cryptocurrency operations, while cryptocurrency exchange is legal in Switzerland.

Read more & Source: https://cointelegraph.com/news/russias-largest-state-bank-to-open-cryptocurrency-exchange-in-europe

🗞 Square Adds Bitcoin Buying for More Cash App Users

Digital payments company Square is rolling out the ability to buy and sell bitcoin to more users of its popular Cash App.

The company announced today that, following news last year that it was testing the feature with a limited number of users, the option is being expanded further. That said, users in the U.S. states New York, Georgia, Hawaii and Wyoming – which have more restrictive regulations around the brokering of cryptocurrencies – won't be able to access the option just yet.

Read more & Source: https://www.coindesk.com/square-adds-bitcoin-buying-cash-app-users/

Daily Crypto Calendar, February, 1st

  • Nxt (NXT)

"Elizabeth Mong will personally host this Meetup on February 1st."

  • Paccoin (PAC)

"The new PacCoin roadmap is being discovered by the new DEV team and the community and will be relaunched shortly around Feb 1st/2018."
Whitepaper Release

  • IOTA (MIOTA)

IOTA co-funder will speak at ituemk Istanbul Technical University Symposium of Industrial Engineering

  • Hush (HUSH)

Bitcoin Hush Airdrop. For each 1 HUSH, SUPERNET, DEX, BTC you will get 1 BTCH.

  • SpreadCoin (SPR)

BitcoinSpread Hard Fork
"All existing SpreadCoin (SPR) holders will get 1:1 fork of the coin on the new chain."

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-february-1st

STEEM Trading Update by @cryptopassion

The STEEM broke our support line yesterday but we can see that the market didn't give up yet :

We are staying close to that line which is now a resistance line and we already tested it one time (green circle).

If the BTC could make a little up, I think we could easly go back upper of that line. However, if the drop should continue on the BTC, we don't have any important support on the STEEM before the previous low arounf 2.75$. I hope we won't reach these levels but keep in mind this is a possibility.

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Thank you for the useful news. Upvoted.

Taipei Partners With IOTA To Become A Blockchain-Powered Smart City.

I am starting to like this IOTA. Their technology is promising but their business development is excellent.

Thank you for your comment and this is a good news for the IOTA project that has been under strong pressure lately.

Nice work @vlemon, i upvoted. Very convenient to watch the daily news. If you are interested in this topic, I have a similar article about investments in cryptocurrency - https://steemit.com/cryptocurrency/@adeptus/attractive-cryptocurrency-to-invest

Thank you mate, I'll have a look for sure!
Take care

Some great news here @vlemon. I have a very interesting project coming up that may be of interest to you due to the nature of your posts, are you available to talk over Discord?

Mr.Lemon#8021 ;)

I just messaged you!

Interesting article about IOTA, I want to see this city have IoT roads that make road taxes more efficient and based only on what roads the road users take.

very good information @vlemon, this information is very important to me. Thanks for sharing, I am very glad to know Crypto news and developments day by day. Thanks for sharing... :)

Thanks for this cryptocurrency news update providing....i appreciate this post, i wait still your next post. best of dear friend

Is the besh post
@vlemon

Sneaky Ninja Attack! You have been defended with a 6.20% vote... I was summoned by @vlemon! I have done their bidding and now I will vanish...Whoosh

Thank you vlemon for making a transfer to me for an upvote of 2.34% on this post!

Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem!

The other half helps holders of Steem power earn about 60% APR on a delegation to me!

For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily?

To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

I already have an account on Huobi, so that's great to see that their platform is winning trust and investment on this business, opening an office in the US says to me, that the thing is getting serious!!

a bad week for cryptocurrency :(