🗞 Daily Crypto News, January, 27th💰

in #cryptolemon • 4 years ago (edited)

  • How Coronavirus Outbreak in China Could Weigh on Crypto Prices ;
  • Bitcoin’s Halving Captures Growing Interest – Among Google Searchers ;
  • Court Documents Reveal More Possible Investors in Telegram’s $1.7B ICO ;
  • Iranian Authorities Have Issued 1,000 Licenses for Cryptocurrency Mining ;
  • Davos Experts: Central Banks Focus on Crypto Due to Fear of Exclusion;
  • 🗞 Daily Crypto News, January, 27th 💰
  • STEEM Trading Update

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

🗞 How Coronavirus Outbreak in China Could Weigh on Crypto Prices

Jason Wu had to cancel a dozen meetings with his crypto clients in China after the coronavirus epidemic broke out this month.

“We planned a 10-city tour to talk with potential clients in China,” Wu, the CEO and founder of non-custodial crypto lender DeFiner, said. “Nobody wants to attend any crypto-related conferences or any meetings at all because of the virus, we have to rearrange everything.”

Since the first patient was identified on Dec. 8 in Wuhan, the capital of Hubei province in central China, the virus has claimed 80 lives. There were nearly 2,000 confirmed cases as well as 10 cases abroad including five in the U.S. as of Sunday evening.

🗞 Bitcoin’s Halving Captures Growing Interest – Among Google Searchers

Bitcoin traders are split on whether the cryptocurrency’s once-every-four-years “halving” will jolt prices toward 2017’s all-time-high near $20,000 or multiples of that.

What’s clear is interest in the topic is surging on Google, according to a report from the Norwegian cryptocurrency analysis firm Arcane Research.

The search engine’s Google Trends feature shows queries on the term “bitcoin halving” have doubled this month from December levels to the highest since the last such event in 2016.

According to Arcane Research, the increasing number of Google searches is a sign the halving might be capturing greater public interest as a potential catalyst for higher prices in 2020.

🗞 Court Documents Reveal More Possible Investors in Telegram’s $1.7B ICO

Some big names that may have invested in Telegram’s token sale are surfacing in court documents as the company fights a case brought by the U.S. Securities and Exchange Commission.

The list includes some prominent individuals as well as investment firms. One of them, a former board member of Bitcoin Foundation and a partner of Ribbit Capital Micky Malka, is mentioned in the deposition of Telegram CEO Pavel Durov. Asked if Telegram knew which of its investors could be a validator in TON proof-of-stake blockchain, Durov said:

“We didn't put together a separate list of the purchasers who we would assume have experience in validating other networks, although it was obvious that certain investors… such as, for example, Micky Malka that we have discussed earlier, might… have experience in these processes of validation or at least were closely affiliated with parties that had experience in such processes.”

🗞Iranian Authorities Have Issued 1,000 Licenses for Cryptocurrency Mining

Iran’s Ministry of Industries, Mining and Trade has issued over 1,000 cryptocurrency mining licenses to domestic operations.

According to a report published on Jan. 24 by Iran’s Banking and Economic System Reference Media (IBENA), a member of the Information and Communications Technology (ICT) Guild Organization’s blockchain commission, Amir Hossein Saeedi Nai, informed the public of the number of licenses issued.

He explained that before launching a mining operation in the country, entrepreneurs must apply for a license, adding that the government has issued over 1,000 permits so far, and several mining farms have already launched operations. Nai estimated that, if the local mining industry were to function at full capacity, it would bring $8.5 billion into the local economy.

🗞 Ex-BitTorrent Staff Allege Violence at Tron from Boss Justin Sun

Two former BitTorrent employees are suing Tron (TRX) for USD 15 million alleging they witnessed workplace violence, were harassed into product launches, and experienced wrongful dismissal.

The allegations were made in a lawsuit filed against Tron, its founder Justin Sun and Cong Li, the lead engineer of the Tron Foundation and BitTorrent.

The lawsuit was filed in California in October 2019, but was made public last week.

Tron responded by issuing a statement – and was quoted by media outlet CoinDesk as stating that although it could not comment on “pending litigation, “what we can tell you is that our customers, employees and the Tron community are extremely important to us.”

🗞 Daily Crypto News, January, 27th💰

  • XinFin Network (XDCE)

The aim of TradeFinex 2020 - Abu Dhabi is to showcase the live network and transactions.

  • IOST (IOST), PHI Token (PHI)

"IOST Node PHI @phi_blockchain is launching its Decentralized Autonomous Organization Service 'GUILD' project in Europe..."

  • LTO Network (LTO)

"COO Martijn Broersma is invited to present to students and business owners about our supply chain ILT Use Case."

  • Agrello (DLT), IoTeX (IOTX)

"DLT & IOT - parola d’ordine Adoption!" meetup in Milano from 7 PM - 9 PM.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of my last analysis :

Here is the current chart :

The STEEM is moving around the support line at 0.155$ since hours now and we are waiting a direction from the BTC. As the BTC is moving between 2 lines, we have no directions on other altcoins which are most of them in waiting mode. So let's wait a decidion from the market regarding the BTC and let's hope it will help us to make a UP on the STEEM.

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4 years ago in #cryptolemon by
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