The top news in the last 24 hours are shown below:
ErisX Recruits more Talent
ErisX is a digital asset exchange that will soon offer both spot and futures contracts. ErisX falls into the same tier of crypto exchange as Bakkt. Both exchanges, which will begin offering their crypto products in 2019, have renowned investors and partners aiding their launch and operations. Their partners include the Intercontinental Exchange (ICE), the Chicago Board Options Exchange (CBOE), Fidelity, Nasdaq, and more.
Bitcoin, Altcoins Are Vulnerable to New Lows, Fundstrat Warns
Cryptocurrency markets could soon hit lower lows and continue their record bear market, investment and analysis firm Fundstrat Global Advisors warned in an email quoted by Bloomberg on Feb. 6. Writing to traders, one strategist at the firm, Robert Sluymer, forecast that on the basis of current performance, there was a chance Bitcoin (BTC) and altcoin prices could dip further.
South Korea Central Bank Researchers Find Issuing Own Digital Currency is Economically Hazardous
The central Bank of Korea (BoK) published a report of their evaluation on how a Central Bank Digital Currency (CBDC) can affect the liquidity of commercial banks.
Vitalik Buterin: Projects that Claim High TPS are “Centralized Piles of Trash”
Speaking at a blockchain conference that took place in January of 2019 in San Fransisco, Vitalik Buterin, the co-founder of Ethereum, and one of the most well-known and influential people in the crypto space gave his opinion on blockchain projects claiming thousands of transactions per second, naming them “Centralized Piles of Trash”.
Binance is Bulletproof – Changpeng Zhao Says His Exchange Can Survive Any Bear Market
Changpeng Zhao, CEO of Binance has said that the exchange can weather any bear market during a periscope AMA yesterday. Changpeng Zhao, crypto billionaire and CEO of Binance, the world’s largest crypto exchange is confident in his business. Whilst speaking as part of an ask-me-anything (AMA) session on periscope yesterday, Zhao coolly stated that his exchange could survive any bear market.
SEC Commissioner Robert Jackson Teases Bitcoin ETF in Leaked Interview
This news came in an interview with Congressional Daily. Although it was not slated to be released to the public until February 11, everything points to that it has now leaked. Moreover, the contents of the interview should give hope to all those longing for a cryptocurrency ETF. Drew Hinkes, from Athena Blockchain, shared the leaked news in a recent tweet. Specifically, the interview is with the SEC Commissioner Robert Jackson Jr., who noted that he thinks a Bitcoin ETF will soon be realized.
Quadrigacx Saga: Founder’s Widow Owns $5.6m Properties, Hospital Confirms Cotten’s Death
Troubled Canadian cryptocurrency exchange Quadrigacx may be newly armed with a 30-day stay from creditors, following the Feb. 5 bankruptcy hearing, but its late CEO’s widow, Jennifer Robertson, is on shifting ground as her affidavit is being picked apart by customers, experts and conspiracy theorists.
Crypto Investor Brock Pierce Is Attempting to Pull Mt. Gox From the Ashes
Prominent cryptocurrency entrepreneur Brock Pierce is attempting to revive the defunct Mt. Gox exchange by submitting a single rehabilitation plan for creditors called Gox Rising. Back in 2014, the former CEO of Mt. Gox, Mark Karpeles, reportedly signed over all of the business’s assets to Pierce and a firm called Sunlot Holdings Limited.
‘India Wants Crypto’ Campaign Passes 100 Days With Growing Support
A social media campaign for positive cryptocurrency regulation in India has passed 100 days with growing support from the community. Despite the ongoing banking restriction imposed by the country’s central bank, local crypto exchanges are reporting increased volumes and optimism about the upcoming regulation.
Markets Update: Leading Markets Break ATH Descending Trendlines
BTC price action has broken above a major long-term trendline stemming back to December 2017’s all-time highs. When looking at the 2014 – 2015 bear market, a similar move precipitated the final sell-off of the trend before price action moved into an accumulation pattern. BCH also appears to have broken above two major descending trendlines stemming back to the market’s all-time high in recent weeks.
Public Transportation Across Argentina Can Now Be Paid With BTC
The national contactless smart card that is used to pay for public transportation throughout Argentina can now be loaded with BTC. These cards are valid for rides on buses, trains, subways, and motorboats in 37 cities, including the capital city of Buenos Aires, according to the Argentine government’s website.