Another Top Exchange to launch IEO (Initial Exchange Offering) following binance, this past months binance has been making a noise with their binance launchpad and all tokensale was sold out and it was done in seconds. Its very interesting this is a new kind of ICO. Top exchange has secure verifications and high standard so the chance of scam projects is very low.

Follow binance foot steps these are the exchanges that are planning to launch their IEO.

The founder of the social news discussion website Reddit has once again commented on his belief in the future of crypto. Alexis Ohanian has long been a believer in the fintech innovation and states that the bear market has driven many speculators from the space, allowing developers to concentrate on building out much-needed infrastructure.

Despite his optimism for the industry, Ohanian did not give any price predictions for any digital assets. He was famously proved spectacularly wrong with a call he made last year for Ether’s end of 2018 price.

Alexis Ohanian: All That is Left in Crypto is the True Believers

The founder of Reddit and software venture fund Initialized Capital appeared on Yahoo! Finance’s “Influencers with Andy Serwer” show earlier today. Alexis Ohanian was asked by Serwer to comment on a variety of topics, ranging from the history of Reddit, his interest in paid annual leave for employees, and whether social media could use regulation to help prevent harassment of users.

After these topics, the conversation turned to crypto. Serwer asked Ohanian if he was still confident in the future of digital assets. To this, the Reddit and Initialized Capital executive responded that he was indeed optimistic. He added:

“So, this is the crypto winter, no doubt. But a friend of mine – Brian Armstrong, who is the CEO of Coinbase – said, ‘This is the spring of crypto innovation.'”

Ohanian then elaborated on this point, stating that many of the mindless speculators that fuelled the impressive bull run of 2017 had left the space now and that those remaining were fuelled by passion for the technology, rather than trying to make a quick buck:

“The people who are now building on crypto are true believers, and they’re actually builders. They’re actually building the infrastructure that is going to take to really make this happen.”

He continued, stating that some of the brightest minds he knew were working on creating new products, services, and companies to take cryptocurrency and blockchain mainstream.



Next, Ohanian addressed the recent announcement by JP Morgan to create the JPM Coin. Although not particularly innovative in terms of its design, the fact that the bank headed by one of crypto’s biggest naysayers is even exploring such an idea is evidence for the Reddit co-founder that digital assets are here to stay.

Finally, Ohanian commented on investor expectations in the crypto market. He stated that investing in digital assets, and any other sector for that matter, should always be a long game:

“It’s a painful thing for a lot of people to see those accounts but if you were investing in it in the first place, you really should have been thinking long-term.”

One thing absent from Ohanian’s interview with Serwer was discussion of any particular digital assets or their specific price performances. Previously, the former Reddit exec has had proverbial egg on his face thanks to his Ether price predication last year. Seemingly defying all logic, Ohanian stated that he believed that the price of a single ETH coin would reach highs of more than $15,000. Clearly, this particular call never came true and prices of almost all digital currencies continued to slump throughout 2018.

Source: https://www.newsbtc.com/2019/02/21/reddit-crypto-winter/

Over the past year discussions of a Bitcoin ETF being approved by regulatory authorities in the US has dominated the news cycle and has even – on multiple occasions – impacted the markets. Many investors and analysts believe that the approval of a BTC ETF will lead to an influx of investors as it would place the cryptocurrency in front of all traditional equity investors.

Although the status and potential effect of a Bitcoin ETF remains unknown, there already exists and exchange-traded product that allows investors to add some exposure to Bitcoin’s price through the form of an Exchange Traded Note (ETN).

Bitcoin ETN Trades at Large Premium to BTC

The Grayscale Bitcoin Trust (GBTC) is a popular ETN that allows traditional investors to gain some exposure to the daily price movements of Bitcoin without actually owning the underlying asset.

Grayscale describes their product as “the first publicly quoted securities solely invested in and deriving value from the price of bitcoin” that allows investors to “gain exposure to the price movement of bitcoin through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping bitcoins.”

Each share of GBTC trades at approximately 1/1000th of Bitcoin’s actual price and is currently trading at $4.82 per share. This means that GBTC is valuing one BTC at $4,820, which is significantly higher than Bitcoin’s current price of under $4,000.

Thomas Lee, the co-founder of Fundstrat Global, pointed out this premium in a recent tweet, hypothesizing that GBTC’s premium to BTC’s net asset value (NAV) is a sign of institutional buying, as purchasing GBTC is easier than purchasing BTC through a cryptocurrency exchange for traditional investors.

“CRYPTO: $GBTC premium to NAV creeping up to 36% on heels of $BTC surge to ~$4,000… Rise in premium is a sign of institutional net buying (easier to buy this ETN from @GrayscaleInvest than buy via a crypto exchange) … another sign 2019 way better than 2018 for crypto,” he explained.



Link to Tweet: https://twitter.com/fundstrat/status/1097897853962338310?
Source: https://www.newsbtc.com/2019/02/19/could-bitcoin-btc-etns-large-us-stock-market-premium-be-a-sign-of-institutional-buying/

Nasdaq is now working with seven crypto exchanges to bolster security and technical capability, bringing the ecosystem up to institutional-grade financial standards. Forbes reports that only two of the seven, Gemini and SBI Virtual Currency, have been publicized.

Cryptocurrency exchanges aiming to use Nasdaq’s fraud surveillance technology are expected to undergo intense due diligence reviews. Exchanges that pass the assessment are granted access to proprietary technology that Nasdaq uses to monitor traditional stock trading volumes for fraud.

Nasdaq’s head of exchange and surveillance Tony Sio says,

“Historically, we don’t do such a large vetting process for our clients because they are much more well-known,”

“As we started working with less well-known names, startups, then we realized we needed to do this check process.”

The Nasdaq checklist, ‘Key Questions to Ask When Evaluating a Cryptocurrency Exchange’ is used to assess potential clients. The document has three sections: business model, KYC/AML, exchange governance and controls. It contains questions such as “How reputable are the products?” and “What are the founders’ backgrounds?”

In early 2018, the Winklevoss twins hired Nasdaq to conduct market surveillance for Bitcoin and Ether trading on their New York-based exchange Gemini, describing Nasdaq’s SMARTS Market Surveillance tech as a key component of legitimizing the crypto space.

“Tried and true technology that’s used by some of the largest exchanges in the world, so it’s an obvious fit.”

“We love rules-based markets when the playing field is clear and straightforward, and there’s transparency.”

According to data compiled by Investopedia, $9 million in cryptocurrencies is lost to fraud every day. Such losses total over $3.2 billion a year. Hacks alone are reported to have cost the industry at least $1 billion.

Source: https://dailyhodl.com/2019/01/31/nasdaq-powers-seven-crypto-exchanges-as-industry-builds-ecosystem-for-institutional-investors/

• Ripple price faced a strong resistance near the $0.3330 level and declined sharply against the US dollar.
  
  There is a major bullish trend line in place with support at $0.2920 on the hourly chart of the XRP/USD pair (data source from Kraken).
  
  The pair could either climb back above the $0.3050 resistance or extend the current decline below $0.2900.

Ripple price failed to hold gains and declined heavily against the US Dollar and Bitcoin. XRP/USD remains at a risk of more losses as long as it is below $0.3050 and $0.3120.

Ripple Price Analysis
Yesterday, we saw a solid rally in ripple price above the $0.3200 resistance against the US Dollar. The XRP/USD pair even broke the $0.3300 resistance and the 100 hourly simple moving average. However, the price faced a strong resistance near the $0.3330 level and later declined sharply. It broke many supports, including $0.3300, $0.3250, $0.3150 and $0.3050. There was also a break below the 61.8% Fib retracement level of the last leg from the $0.2771 low to $0.3338 high. Moreover, there was a close below the $0.3050 support and the 100 hourly SMA.

At the moment, the price is trading just above the $0.2900 and $0.2920 supports. Besides, there is a major bullish trend line in place with support at $0.2920 on the hourly chart of the XRP/USD pair. The 76.4% Fib retracement level of the last leg from the $0.2771 low to $0.3338 high is also near $0.2905. Therefore, if there is a bearish break below $0.2920 and $0.2905, there could be a sharp decline. The next key support is at $0.2800, below which the price may test $0.2650. On the upside, the price has to break the $0.3050 resistance to avoid further losses.



Looking at the chart, ripple price could either surge above the $0.3050-$0.3120 resistance or extend the current decline. A daily close below $0.2900 might put a lot of pressure on buyers in the short term.

Technical Indicators
Hourly MACD – The MACD for XRP/USD is showing a few positive signs in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well below the 50 level.

Major Support Level – $0.2905

Major Resistance Level – $0.3120

Source: https://www.newsbtc.com/2019/02/01/ripple-price-analysis-xrp-rally-unravels-crucial-support-nearby/

Classic Vision Hard Fork
Is this legit? I saw this on coinmarketcal and when I look into its website, I don't see any team member of this fork.
This is very suspicious for me.

Link: https://coinmarketcal.com/en/event/classic-vision-hard-fork

I've been using CRYPTONITE extension for a while now its been really useful to avoid phishing sites, I guess it is paid now not free anymore. Do you know any alternatives?


Extension link: https://chrome.google.com/webstore/detail/cryptonite-pro-anti-phish/keghdcpemohlojlglbiegihkljkgnige?hl=en