🗞 Daily Crypto News, May, 18th💰

in #cryptocurrency6 years ago (edited)

  • Openbazaar Enables Decentralized Peer-To-Peer Trading of 44 Cryptocurrencies ;
  • Bitfinex Requires Customer Tax Info which it ‘May Exchange’ with Gov’t, Tax Authorities ;
  • NY Grants Fifth-Ever BitLicense to Genesis Global Trading ;
  • Switzerland Formally Considers State Backed Cryptocurrency ;
  • Chinese ASIC Manufacturer To Turn To AI In Case Of Stricter Gov’t Regulation ;
  • 📑 Daily Crypto Calendar, May, 18th💰
  • STEEM Trading Update by @cryptopassion

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

🗞 Openbazaar Enables Decentralized Peer-To-Peer Trading of 44 Cryptocurrencies

Cryptocurrencies can now be traded on the peer-to-peer online marketplace Openbazaar in addition to physical goods, digital goods, and services. Initially, 44 cryptocurrencies are supported but the development team plans to add more over time. There is no fee for trading cryptocurrencies and no need to register with any service.

Read more & Source: https://news.bitcoin.com/openbazaar-decentralized-peer-to-peer-trading-cryptocurrencies/

Bitfinex Requires Customer Tax Info which it ‘May Exchange’ with Gov’t, Tax Authorities

Cryptocurrency trading platform Bitfinex has recently distributed a letter to certain users, saying that they are required to disclose their tax information, which the exchange may share with the government, according to a statement from the exchange on Twitter May 17.

Read more & Source: https://cointelegraph.com/news/bitfinex-requires-customer-tax-info-which-it-may-exchange-with-govt-tax-authorities

🗞 NY Grants Fifth-Ever BitLicense to Genesis Global Trading

Genesis Global Trading has obtained a BitLicense from the state Department of Financial Services (DFS), making it only the fifth firm in three years to receive the controversial license.

The cryptocurrency market maker, based in New York City, and DFS announced the news in separate press releases Thursday.

Read more & Source: https://www.coindesk.com/ny-grants-fifth-ever-bitlicense-crypto-exchange-genesis-global-trading/

🗞 Switzerland Formally Considers State Backed Cryptocurrency

Reuters reported Switzerland is formally considering the possibility of a state-backed cryptocurrency. Its government has asked legislators commission a study on the pros and cons of a Swiss “e-franc.”

Read more & Source: https://news.bitcoin.com/switzerland-formally-considers-state-backed-cryptocurrency/

🗞 Chinese ASIC Manufacturer To Turn To AI In Case Of Stricter Gov’t Regulation

Due to the recent crypto crackdown in China, Chinese ASIC chip manufacturer Bitmain is turning to artificial intelligence (AI) as an alternate revenue source, Bloomberg reports today, May 17.

China’s crypto regulations have included an initial coin offering (ICO) ban in the fall of last year, this January’s ban on “exchange-like services,” and the February ban on foreign crypto exchanges.

Read more & Source: https://cointelegraph.com/news/chinese-asic-manufacturer-to-turn-to-ai-in-case-of-stricter-govt-regulation

Daily Crypto Calendar, April, May, 18th

  • Lympo (LYM)

"In the upcoming two weeks the LYM token will be added to some great new exchanges!"

  • iExec RLC (RLC)

Release v2.0

  • Bitcoin Cash (BCH), Cryptocurrencies (CRYPTO)

The inaugural CoinGeek.com bComm Conference, a Bitcoin conference devoted to what the world will look like with massive on-chain scaling.

  • NEM (XEM), Wanchain (WAN)

First ever Huobi joint meetup together with NEM and Wanchain.

  • Enjin Coin (ENJ)

Smart contracts audit finishing in mid-May.

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

We are consolidating higher than the upper line of our triangle. So even we didn't have a real Break Out, at least we are using the upper line of our triangle as a support line and it allowed us also to stay upper than the resistance line in orange.

The coming hours will be very important as we are closely following the BTC and that the BTC pattern is less positive. I'm afraid than any big drop on the BTC will make us break that triangle support easly so I don't think it is yet the time to start a new trade with the STEEM. Patience...

Trading Platform with High Volume & Low Fees : Binance

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