The Hidden Effects of Crypto Money Laundering Rules

Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for the institutional market with news and views on crypto infrastructure delivered every Tuesday. Sign up at the link below.  Ever since Emperor Vespasian held up a gold coin that came from taxing urine and pointed out that it smelt just as clean as others, the separation of money from its origin has been on regulators’ minds. The accelerating flows of digital…

Bitcoin Holds Over $5,300 as Top Altcoins See Mixed Signals

Saturday, April 20 — most of the top 20 cryptocurrencies are reporting slight gains and losses capped under 2% on the day to press time. Bitcoin (BTC) is hovering above the $5,300 mark. Market visualization courtesy of Coin360 Bitcoin is up about one percent on the day, trading at $5,342 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up a solid 5%. Bitcoin 7-day price chart. Source: CoinMarketCap Ether (ETH) is holding onto its position as the largest altcoin by market cap, which is nearly…

Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain

Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron (TRX) blockchain, according to an announcement published on April 19. United States-based digital currency exchange Poloniex has added support for deposits and withdrawals of USDT on the Tron network. The development will reportedly support Tether on both chains —  USDT issued on the Omni protocol and the Tron network. Poloniex said in the announcement that its decision to support the new chain is reasoned by expanded flexibility it provides to the USDT platform. In order to support…

Aragon Vote Aims to Restrict Ethereum App from Funding Polkadot Blockchain

Two weeks from now, token-holders for the Aragon application will put the efficacy of its on-chain governance model to the test. The Aragon project, launched in 2016, is envisioned as a way to offer users the tools to build decentralized organizations that are secured cryptographically and run natively on top of the ethereum blockchain. But starting as early as February of this year, the core developers behind Aragon have expressed interest in launching a version of the app on the Polkadot blockchain network. At the time it was announced, Luis…

Expanding crypto-to-crypto support to more countries around the world

By: Linda Xie, Coinbase Pro; Dan Coffman, Consumer Trading Introducing crypto-to-crypto conversions and trading to more countries through Coinbase and Coinbase Pro One year ago, Coinbase served customers in 32 countries across two continents. Over the past 12 months, one of our main priorities has been to bring Coinbase services to people in all corners of the globe. Today we’re excited to welcome 11 more countries across Latin America and Southeast Asia to the cryptoeconomy by allowing customers to store, trade, send, and receive cryptocurrencies on Coinbase Pro and Coinbase.com — increasing…

Bitcoin Price Analysis: Daily Resistance Level Tested Following Strong…

Summary: Despite some strong, intraday selling, bitcoin’s macro-bullish market structure remains intact. So far, we have seen a test of two daily levels and have clearly established support. At the moment, the bitcoin market is working on testing a third level, but is currently feeling out the strength of the supply and demand. We have yet to see a strong test of the overhanging liquidity zone in the $5,700 to $6,000 range so, it seems logical to see a test of that region before any meaningful, macro pullback takes place.…

This Price Hurdle May Pave Way for Bitcoin’s Next Leg Up

View Bitcoin’s rally from April 2 lows below $4,200 has stalled near the three-day chart’s 100-candle moving average (MA), currently at $5,238. A three-day close (UTC) above that MA level could invite buying pressure, leading to a sustained move higher toward $5,500 and more. That bullish close, however, looks unlikely in the short-term, as the cryptocurrency has created a bearish candle on the daily chart, validating signs of bull exhaustion (doji candle) on the weekly chart. A UTC close below $4,948 today would add credence to yesterday’s bearish candle, opening…

Bitcoin Remains Stable | Crypto Market Capitalization Hits New High

Over the last month, the cryptocurrency market was on a hot streak, rising about 38% as investors piled into crypto assets such as Bitcoin and other popular alternatives like Litecoin, Ripple’s XRP, Ethereum, Bitcoin Cash, and EOS. Crypto Market Capitalization Hits New All-Time High At the beginning of the month, Bitcoin (BTC) price surged, taking analysts and traders by surprise as to what might have caused the sudden increase in price. However, analysts are unsure whether the cryptocurrencies will hold their recent gains. But considering Bitcoin has managed to maintain…

Top 5 Crypto Performers: BTC, EOS, ETH, TRX, ETC, MHC*

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The International Monetary Fund and the World Bank have launched a private blockchain and quasi-cryptocurrency to bridge the gap between its employees and the blockchain technology. The cryptocurrency will be called “Learning Coin” and will have no monetary value, but the staff will…

The Bigger Picture Behind Bitcoin’s Latest Price Rebound

Bitcoin’s out-of-the-blue bounce over the $5,000 mark this month has prompted some predictable pontificating from price-obsessed people within and outside the cryptocurrency community. Investors who are long-cryptocurrencies have gleefully pronounced that the Crypto Winter, which began when bitcoin’s bubble burst at the end of 2017, is now mercifully over. The most optimistic are forecasting a rerun of bitcoin’s fall 2015 bounce from its prior post-bubble collapse, which sent it not only back above its 2013 high of $1,150 but all the way to a December 2017 peak of $19,500. At…