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Hodler's Digest, June 10-16: Top Stories, Price Movements, Quotes and FUD of the Week
Top Stories This WeekCCN casts doubt on shutdown plans as Google appears to correct visibilityCryptocurrency news outlet CCN is apparently not going through with its total shutdown, as reported earlier this week.
Bitcoin Worth Over $9,200 as Top Cryptos See Growth
Friday, June 14 - Most of the top 20 cryptocurrencies are reporting moderate growth on the day by press time, as bitcoin crossed the $9,200 mark.
"CoinLab Is a Big Stopping Block": Mark Karpeles Talks Mt. Gox Creditor Claims and Life After Trial
Apparently, we may not see a conclusion any time soon, as Mt. Gox.'s trustee continues its standoff against the United States-based company CoinLab in court.
Top 5 Crypto Performers: NEO, LTC, BTC, ETH, XMR
The total market capitalization of cryptocurrencies had come scaringly close to breaking down below the $100 billion mark in mid-December of last year.
Hype or Hope? A Meeting of the Minds for the Benefit of Crypto
Justin Sun, founder of the Tron blockchain, has paid $4.75 million for the privilege of having lunch with legendary investor Warren Buffett.
Russia Is Getting Serious About Blockchain, but Remains on the Fence About Cryptocurrencies
Last week, an annual forum featuring Russia's top people from the economic sector was held in St. Petersburg, and cryptocurrencies were a hot topic there.
Above $9.3K: Bitcoin's Price Prints 13-Month High
The price of bitcoin hit a 13-month high above $9,300 on Sunday.
Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall
Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company's LEO token.
The Strange Case of CCN and the Google June 2019 Core Update
On June 10, CCN founder Jonas Borchgrevink addressed the readers with an extensive post, declaring that the website took a massive blow from Google's June 2019 Core Update and saw mobile traffic from Google searches drop by 71% overnight, as measured by Sistrix's Visibility Index.
Coinbase Custody Holds $1.3B in Assets Under Custody, Expects to Hit $2B 'Soon'
Coinbase Custody revealed that it holds $1.3 billion in assets under custody and the firm expects to hit $2 billion AUC soon in a Twitter thread published on June 13.
Bitcoin Surpasses 1 Million Daily Active Addresses
Bitcoin just passed an interesting milestone today, one we haven't seen since November 27, 2017.
Facebook to Unveil 'Libra Association' and Launch Testnet Next Week: Report
Social media giant Facebook will unveil the Libra Association, which will operate its bespoke cryptocurrency Libra, on June 18, cryptocurrency news outlet The Block reported on June 14.
It's FATF's Way or the Highway for Crypto Exchanges. That's a Big Mistake
In a few weeks, the Financial Action Task Force is expected to adopt a proposal to impose the standards of wire transfers on blockchain transactions.
I Was Reddit's First Cryptocurrency Engineer
Cargando.... Cargando.... Se podrá valorar cuando se haya alquilado el vídeo.
Bullet stopping drones now mine on the Monero network
Bullet stopping drones are now securing the Monero network? Astral AR and Core Scientific announced a partnership that puts mining software on high-power safety drones.
Appetite for Blockchain Tech Builds Among Korean Banks, but Without Crypto
Fintech has become a buzzword for local banks trying to keep up with the change of the times.
Will Facebook's "Libra" cryptocurrency outcompete Bitcoin?
Peter Schiff, the CEO of brokerage firm Euro Pacific Capital, believes Facebook's Libra cryptocurrency will outcompete Bitcoin on stability and fees.
Blockchain Developer Dispatch Labs Suffers Losses Despite Market Recovery
Blockchain company Dispatch Labs is incurring considerable losses despite extensive investment and a recovering cryptocurrency market, technology-focused news outlet Cryptobriefing reported on June 14.
United States Residents Will Lose Access to Many Altcoins Starting in September
Crypto enthusiasts living in the United States will have no trading options for a many cryptocurrencies when the major crypto exchange Binance becomes unavailable for them in September, according to a report by CryptoPotato on June 14.
Report: Facebook Secures Support From Dozens of New Firms for Its Crypto Project
Social media platform Facebook has reportedly secured support from dozens of players in the cryptocurrency and blockchain sector for its forthcoming digital currency.
Exclusive: New Report Reveals Details of Telegram's TON Blockchain
TON is a blockchain platform developed by encrypted instant messaging service Telegram, which is widely regarded as one of the primary means of communication within the blockchain and crypto community.
Crypterium Introduces Global Crypto Payments Card
Crypterium - a financial technology startup based in Estonia - launched the Crypterium Card, the first crypto card available globally.
SEC vs. Kik: The Lawyers Speak
The SEC has filed a complaint against Kik, claiming the company's initial coin offering was a breach of federal securities law.
Twitter Founder Jack Dorsey: I Hope Private Firms Will See the Value of Stateless Currency
Twitter founder Jack Dorsey said that he hopes private firms will understand the value of a stateless currency during an interview with technology news outlet Quartz published on June 14.
New CryptoCompare Research Assesses Top Performers Among Crypto Exchanges
Cryptocurrencies data and indices provider CryptoCompare's new research has assessed and ranked performance among cryptocurrency exchanges as of June 2019.
Self-proclaimed Bitcoin creator Craig Wright committed fraud according to Florida court documents
Craig Wright, the controversial creator of Bitcoin SV claiming to be Satoshi Nakamoto, could be facing jail time for fraud.
Smart Contract Startup Tapped By Google As Blockchain Partner
Google has tapped a startup token project, Chainlink, as an official Cloud Partner and the relationship suggests a deep and detailed interest in blockchain technology by the Mountain View giant.
Iceland's Financial Regulator Approves Blockchain-Powered E-Money Firm
The Financial Supervisory Authority, Iceland's sole financial regulator, has approved the first blockchain-powered e-money firm in the country, crypto media outlet CoinDesk reported June 14.
Facebook's GlobalCoin May Be A 'Historic Initiative,' Say RBC Analysts
Facebook's "Crypto opportunity" comes with high expectations.
BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 14/06
ETH/USDEthereum is range bound between $225.39 and $280. As the price is sustaining above the 20-day EMA, the bulls will attempt to push the price towards the top of the range at $280. A breakout of the range will start a new uptrend that can result in a move to $322.06 and above it to $335.On the other hand, if the ETH/USD pair turns down from $280, it can again drop to the 20-day EMA. If this level breaks down, the next support is at $225.39.
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