Crypto News Digest April 13-19

Apr. 13___Crypto exchange Huobi has incorporated an AI into its systems, which will be able to detect “suspicious” transactions on the platform and freeze accounts until account activity has been reviewed by a compliance officer. Apr. 13___Crypto exchange Blackmoon Crypto is expected to permanently close down amid high regulatory compliance costs. For the time being …

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Crypto News Digest April 6-12

Apr. 6 Coinhouse became the first AMF registered crypto company. The Financial Markets Authority (AMF), France’s financial regulator, will soon require all firms in France, which provide crypto exchange and custody services, to register with the regulator. Apr. 6 The Bank of Korea, South Korea’s central bank, has launched a 2-year pilot program exploring the …

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Will Bitcoin continue its uptrend? Bullishness is on par with 2019’s start of bull market

Major cryptocurrencies such as Bitcoin, Ethereum, and Bitcoin Cash have observed an uptrend since the losses driven by the Corona pandemic in March 2020. Since April, Bitcoin price moves exceed the Exponential Moving Average (displayed as red line in the chart below). Now, will Bitcoin extend its uptrend? Is bitcoin up to a bull run …

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Crypto News Digest March 30 – April 5

Mar. 31 Crypto exchange Binance announced an expansion in the South Korean market with a new crypto-to-crypto exchange, which will be connected with the main platform via the Binance Cloud. Mar. 31 Fintech platform OneConnect Financial Technology has joined forces with China Merchants Port Group (CMPort) to develop a blockchain-based logistics system for the Guangdong-Hong …

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Will Bitcoin’s recovery continue? Investors should be cautious

Investors should be cautious during Bitcoin’s recovery. Here’s why. We analyze the crypto market’s recent recovery from a technical view, a sentiment view, and from the news situation. We focus on the big picture and address long-term investors. TechnicalS OF BITCOIN Bitcoin is still a very good representative of the overall crypto market because its …

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Crypto News Week March 23-29

Mar. 23 Two draft bills by the U.S. Democratic party introduced to the House of Representatives suggested a “digital dollar” as means of doing direct transfers to “qualified individuals” as part of a coronavirus stimulus package. A later draft of one of the bills had the “digital dollar” language removed from it and it is …

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