🗞 Daily Crypto News, January, 12th💰

in #cryptopcurrency5 years ago (edited)

  • Japan Approves 17th Crypto Exchange – Its First in Over a Year ;
  • Pavel Durov Closes UK-Based Company Telegram Messenger LLP ;
  • Web 3.0’s Crypto Winter Mission: Keep Our Heads Above the Hype ;
  • Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’ ;
  • Long-Dormant Bitcoin Whales Resuming Activity Could Rock Price Action, Analysts Say ;
  • 📑 Daily Crypto Calendar, January, 12th💰
  • STEEM Trading Update

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

🗞 Japan Approves 17th Crypto Exchange – Its First in Over a Year

It has been over a year since Japan’s Financial Services Agency last approved a cryptocurrency exchange to legally operate in the country. Coincheck, which was hacked early last year, has become the 17th fully-registered crypto exchange in the country. The exchange has made numerous improvements after it was acquired by Monex Group.

Coincheck Inc … announced today that it has registered with the Kanto Financial Bureau as a cryptocurrency exchange agency in accordance with the Payment Service Act, effective January 11, 2019.

Japan Approves 17th Cryptocurrency Exchange – Its First in Over a YearAccording to the FSA’s website, Coincheck handles nine cryptocurrencies: BTC, ETH, ETC, LSK, FCT, XRP, XEM, LTC, and BCH.

🗞 Pavel Durov Closes UK-Based Company Telegram Messenger LLP

Russian-born entrepreneur Pavel Durov is liquidating Telegram Messenger LLP, the Britain-based company behind the popular messaging service Telegram. The same entity is registered as the messenger’s operator in the Russian Federation, where Telegram is currently banned.

Other reasons for the reorganization may include recently introduced changes in the legislation of the British Virgin Islands, where one of the partners in Telegram Messenger LLP is registered, or the upcoming Brexit. A number of businesses focused on the EU market have been preparing to leave the United Kingdom and according to Yuri Borisov from Legal and Financial Creative Solutions, the voluntary strike off is a “painless” way to terminate a company’s presence in Britain.

🗞 Web 3.0’s Crypto Winter Mission: Keep Our Heads Above the Hype

Jutta Steiner is the founder and CEO of Parity Technologies, a blockchain infrastructure and innovation focused company building platforms and applications.

The past year has seen an onslaught of doom-and-gloom narratives shower down on our fledgling movement, in stark contrast to the inflated hype cycle we swam through the year before. I am here to report that this year has, in fact, been a tremendously productive one for the teams hard at work building the decentralized web’s core infrastructure.

We are far from drowning in the expectations that were set 2017 – rather, we have a found refreshing calm and focus in the storm many have dubbed “Crypto Winter.”

🗞 Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’

In the wake of a 51 percent attack on ethereum classic (ETC), the manager of an investment vehicle that holds the cryptocurrency has been fielding inquiries from investors looking to understand if the underlying assets in the fund are safe, CoinDesk has learned.

On Monday, the day after the reorganization of transactions on the ethereum classic blockchain came to light, Grayscale Investments, the creator of the Ethereum Classic Investment Trust (ETCG), says it sent emails in response to “a few” clients asking for clarity on what the attack meant. A copy of an email response to such an inquiry was obtained by CoinDesk.

While mostly providing a general explanation of how such attacks work, Matt Beck, a product development and research associate at Grayscale, wrote in the email:

“The greatest risk this poses is to the integrity of the Ethereum Classic Network, as people may be less inclined to accept ETC given the increased double-spend risk. However, the coins within the ETC Trust are not at direct risk of theft or double-spending.”

Long-Dormant Bitcoin Whales Resuming Activity Could Rock Price Action, Analysts Say

The number of active Bitcoin (BTC) wallets, many of which have long been dormant, has seen an uptick that could herald some major market movements, Bloomberg reports Jan. 11.

Bloomberg bases its report on data and analysis from crypto analytics startup Flipside Crypto, which sealed the backing of major crypto exchange Coinbase and veteran crypto venture capital firm Digital Currency Group (DCG) back in November.

Overall, the supply of active Bitcoins has reportedly surged 40 percent since summer 2018. Eric Stone, head of data science at Flipside, commented:

“It’s definitely a big shift. There’s more potential than usual for price swings.”

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📑 Daily Crypto Calendar, January, 12th💰

  • WandX (WAND)

"In keeping with the roadmap, we will be releasing the WandX DEX on AION + Ledger Integration on Jan 12, '19."

  • Binance Coin (BNB), Ethereum (ETH), VIBE (VIBE)

"The VIBE team is proud to announce that we are releasing a first person shooter game on the blockchain..."

  • Neblio (NEBL)

Neblio Tachyon network upgrade activates at block height 387028, which is expected around January 12.

  • Utrum (OOT)

Utrum is launching first of it's kind "Proof of Lock" wallet. Users can earn 2.4% rewards for locking $OOT on blockchain for 120 days.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

image.png

Here is the current chart :

image.png

As you can see, we are back exactly in the middle of our 2 lines. All the work done the 2 last weeks has to be done again. Yeah it is not always funny to trade cryptos but never forget the very nice moments we had back at the begiining of this year. So what expect in the coming days? I would say it is 50/50. We are just at the middle of 2 different trends and it is impossible to know which one will be the winner. WIthout indicator, I suggest you to wait that one of the 2 lines is broken and follow the trend.

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