🗞 Daily Crypto News, May, 1st💰

in #cryptocurrency7 years ago

  • Ethereum's Dialogue Divide Is Slowing Answers to Its Toughest Questions ;
  • CFTC Chairman On Crypto Regulation: ‘I Don’t See It Being Resolved Anytime Soon’ ;
  • University College London Cuts Ties With IOTA, Cites ‘Support For Open Security Research’ ;
  • Japanese Regulator Confirms 8 Crypto Exchanges Want Out, 100 Want In ;
  • How to Fight the ASIC Mining Threat ;
  • Hungarian and Peruvian Localbitcoins Markets Post Record Volume ;
  • 📑 Daily Crypto Calendar, May, 1st💰
  • STEEM Trading Update by @cryptopassion

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

🗞 Ethereum's Dialogue Divide Is Slowing Answers to Its Toughest Questions

As ethereum, now the world's second most valuable blockchain, grows larger and more diverse, it's becoming clear its mechanisms for getting input from its constituency are proving problematic.

Read more & Source: https://www.coindesk.com/ethereums-dialogue-divide-slowing-answers-toughest-questions/

CFTC Chairman On Crypto Regulation: ‘I Don’t See It Being Resolved Anytime Soon’

The US Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo said he doesn’t see comprehensive crypto legislation coming from the federal level in the near future, CNBC reports April 30.

“The statutes we are operating, you know, were written... in 1935 … And it’s often hard to look at those statutes and find out where something as new and innovative as Bitcoin and many other cryptocurrencies, where do they fall into a regulatory regime which was written decades ago... we see elements of commodities that are subject to our regulation, but depending on which regulatory regime you are looking at, it has different aspects of all of that.”

Read more & Source: https://cointelegraph.com/news/cftc-chairman-on-crypto-regulation-i-dont-see-it-being-resolved-anytime-soon

🗞 University College London Cuts Ties With IOTA, Cites ‘Support For Open Security Research’

The Centre for Blockchain Technologies (CBT) at University College London (UCL) has posted an announcement on its website that it has dissolved its ties with the IOTA Foundation, TNW reported April 28.

“UCL Centre for Blockchain Technologies is no longer associated with the IOTA Foundation. In relation to recent news report [sic], we reaffirm our support for open security research, as a prerequisite for understanding the assurances provided by any blockchain technology. It is inappropriate for security researchers to be subject to threats of legal action for disclosing their results.”

Read more & Source: https://cointelegraph.com/news/university-college-london-cuts-ties-with-iota-cites-support-for-open-security-research

🗞 Japanese Regulator Confirms 8 Crypto Exchanges Want Out, 100 Want In

The Japanese financial regulator has confirmed that so far eight companies have expressed the intention to withdraw their applications to operate cryptocurrency exchanges. Meanwhile, about 100 more companies are seeking to enter the market.

Read more & Source: https://news.bitcoin.com/japanese-regulator-confirms-crypto-exchanges/

🗞 How to Fight the ASIC Mining Threat

Cryptocurrency advocates are constantly trying to convince non-experts of the advantages of permissionless blockchains, typically by explaining how a decentralized system of consensus-based record-keeping produces an immutable, censorship-resistant ledger.

Read more & Source: https://www.coindesk.com/bitcoin-code-defend-against-asic-mining-threat/

🗞 Hungarian and Peruvian Localbitcoins Markets Post Record Volume

The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency.

Read more & Source: https://news.bitcoin.com/hungarian-peruvian-localbitcoins-markets-post-record-volume/

Daily Crypto Calendar, April, May, 1st

  • Bytecoin (BCN)

BCN/FIAT pool based exchange and BCN Card

  • Credits (CS)

Pre-release including user support.

  • AdCoin (ACC)

Crypto advertising platform will launch of May 1, 2018

  • BitBay (BAY)

"...there will be an Opti-token airdrop to BitBay members on May 1, 2018 at approximately 3:00 pm UTC."

  • Populous (PPT)

"The launch of live Beta is on track for May 1st, 2018."

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-april-30th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

image.png

Here is the current chart :

image.png

As explained exactly yesterday, the STEEM tested a last time the resistance line at 4.25 but failed to stay higher (green circle). This fail created a drop and we are now going in the direction of the support line around 3.65$. I think that we will do at least a test on this line and we have to hope that we won't break it more than several hours.

A break of that line could send us very low because we don't have lot of support in that zone of prices but it is a little bit too early to start to discuss about this scenario. Let's see first the test of our support line.

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Thank you. Have a wonderful day! :)

Thank you !

Thanks for the info. Great job.

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