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Topics - Lorix

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16
The cryptocurrency exchange’s subsidiary has secured a UK MTF license, and can reach new customers in Europe thanks to the official stamp of approval.
Crypto Facilities, which trades under the name Kraken Futures following last year’s acquisition by the cryptocurrency exchange, has obtained the first-ever Multilateral Trading Facility (MTF) license in the United Kingdom for a cryptocurrency firm.
More info: https://decrypt.co/34741/kraken-futures-brings-regulated-bitcoin-derivatives-trading-europe

17
A Bitcoin analyst who correctly predicted BTC’s deep pullback last year expects altcoins to go through a large correction before a new bull cycle begins.

According to the pseudonymous strategist Dave the Wave, Bitcoin’s market dominance will initially rise at the expense of altcoins before signs of exhaustion appear.

Dave sees Bitcoin’s market share climbing to as high as 76% as the market hemorrhages in the months ahead, with BTC beginning a slow move down to $6,000 or lower. But the crypto strategist says the cleanse would set the stage for an altcoin resurrection that would take BTC dominance all the way down to 30%
More info: https://dailyhodl.com/2020/07/06/remarkably-accurate-bitcoin-btc-analyst-reveals-crypto-outlook-as-debate-on-market-direction-intensifies/

18
Cuy Sheffield, Visa’s head of crypto, says the emergence of central bank digital currencies (CBDCs) will become a dominant trend in the future.

In a series of tweets posted on Saturday, the Visa executive emphasizes that interest in CBDCs is just getting started.

“I’d argue that central bank digital currency (CBDC) is one of the most important trends for the future of money and payments over the next decade. Regardless of anyone’s personal views of whether it’s good or bad, the reality is that global interest in it is not going away.”
More info: https://dailyhodl.com/2020/07/06/visa-head-of-crypto-says-global-interest-in-central-bank-digital-currency-cbdc-not-going-away/

19
Thieves behind one of the most notorious scams in crypto history appear to be working hard to obscure a huge trove of stolen Ethereum (ETH).

A pseudonymous researcher who goes by the name Frank says the operators of the $2.9 billion PlusToken Ponzi scheme have come to life and are cycling their ETH stash through mixers.
“At the moment, PlusToken mixer has made five hops and used 4,967 addresses for this. 3,813 of them now have a non-zero balance from 2 to 998 ETH. On average, there are 140 ETH on these addresses right now. These are pretty big sums, so we can expect mixing continuation.”
More info: https://dailyhodl.com/2020/06/28/whale-thieves-are-now-mixing-stash-of-117000000-ethereum-eth-says-crypto-researcher/

20
The Bank for International Settlements (BIS) says central bank digital currencies (CBDCs), which are new forms of digital fiat guaranteed by governments, could be the future of money.

In a new annual economic report, the BIS reveals that central banks are well-positioned to trigger innovative changes in the current payments infrastructure.
More info: https://dailyhodl.com/2020/06/28/central-bank-digital-currencies-could-be-next-step-in-evolution-of-money-bis-reports/

21
A low market-cap coin is gaining recognition after printing 5,000% gains since April 2019.

Crypto analyst and investor Alex Saunders tells his 35,000 Twitter followers that he came across Synthetix (SNX) after attending the Edcon Conference in Sydney last year.

“We were extremely early into a hidden gem & and it has been the best performing project in the best performing sector: decentralized finance.”

Synthetix is a derivatives trading platform built on the Ethereum blockchain that allows users to bet on a number of assets including stocks, crypto, fiat currencies, and commodities.
More info: https://dailyhodl.com/2020/06/29/little-known-crypto-asset-far-outperforms-bitcoin-btc-surging-5000-since-april-2019-heres-why/

22
A Bitcoin whale known for placing high-stakes bets on Bitfinex is back after a brief sabbatical. The trader, known as Joe007, is once again tearing up a bullish narrative into shreds.

Joe highlights new data from the crypto intelligence company Messari, which shows Grayscale’s Bitcoin buying spree is significant, but “smaller than most would believe.”

The data shows the digital asset manager has directly purchased 20,697 BTC with cash in 2020, while 252,056 new BTC has been generated by miners that power the network.
More info: https://dailyhodl.com/2020/06/29/notorious-bitcoin-btc-whale-says-new-crypto-fairy-tale-fooling-traders/

23
The World Economic Forum says quantum computers have the potential to breach public-key cryptography, which is the mathematical process that helps keep the Bitcoin network secure.

At a World Economic Forum Centre for Cybersecurity’s Future Series meeting, cybersecurity experts explain how quantum computing may pose a serious threat to Bitcoin.
More info: https://dailyhodl.com/2020/06/29/will-quantum-computing-bust-bitcoin-btc-world-economic-forum-analyzes-threat-to-cryptography/

24
Charles Hoskinson, the founder of Cardano, an open-source blockchain and decentralized cryptocurrency project, says the project represents a generational leap in technology compared to Bitcoin (BTC) and Ethereum (ETH).

In a new Altcoin Buzz interview with Layah Heilpern, the founder of Input Output Hong Kong (IOHK) describes the main value proposition of Bitcoin when it was first invented.
More info: https://dailyhodl.com/2020/06/29/heres-how-cardano-differs-from-bitcoin-and-ethereum-according-to-charles-hoskinson/

25
A closely-followed crypto analyst says investors looking for Bitcoin (BTC) to take off right away shouldn’t hold their breath.

The pseudonymous crypto trader Dave the Wave tells his 32,000 Twitter followers that the width of the Bollinger bands suggests that the current consolidation phase of the king coin will likely continue until the last quarter of 2020.
More info: https://dailyhodl.com/2020/06/29/top-crypto-analysts-pin-date-on-next-bitcoin-breakout-as-btc-hovers-near-9000/

26
XRP Architect David Schwartz Denies Being Bitcoin Creator Satoshi Nakamoto, Says He’s Selling BTC Portfolio
Daily Hodl Staff  June 29, 2020
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Ripple’s chief technology officer David Schwartz says he’s not Bitcoin creator Satoshi Nakamoto.

In response to questions posted on Twitter regarding whether he’s responsible for building the Bitcoin network, Schwartz says he didn’t find out about Bitcoin until 2011 – two years after BTC came into existence. Schwartz, who is one of the original architects of the XRP ledger, believes it is more likely Bitcoin’s pseudonymous architect was actually a small group of people, rather than a single person.

“I think it’s more plausible that Satoshi was a small group of people given the wide set of skills displayed and the amount of work done. It could have been one person, but that seems somewhat unlikely to me.”
More info: https://dailyhodl.com/2020/06/29/xrp-architect-david-schwartz-denies-being-bitcoin-creator-satoshi-nakamoto-says-hes-selling-btc-portfolio/

27
Crypto traders are tracking a breathtaking Bitcoin transaction from a high-rolling, anonymous whale.

The big time crypto holder transferred a total of 101,857 BTC worth $936 million for a transaction fee of just 48 cents.
The transaction was first spotted by the automated ledger tracker known as the Bitcoin Block Bot. According to the latest block explorer data, the whale divided the BTC into two separate wallets, sending 5,000 BTC to one, unknown wallet and sending the change to a separate wallet of unknown origin.
More info: https://dailyhodl.com/2020/06/30/crypto-whale-drains-enormous-bitcoin-wallet-in-936000000-transaction-heres-where-the-btc-is-heading/

28
A crypto strategist known for accurately predicting the Bitcoin bear market bottom in 2018 says he believes the top cryptocurrency is poised for a significant correction as BTC continues to move in tandem with the stock market.

The pseudonymous analyst known as Smart Contracter says he is short-term bearish on both Bitcoin and stocks.

“Equities and BTC both look cooked. This is not re-accumulation, sorry.”
More info: https://dailyhodl.com/2020/06/30/analyst-who-accurately-called-bitcoins-2018-plunge-to-3150-issues-new-btc-alert/

29
The crypto analytics firm Glassnode says a signal that appeared before the 2016 Bitcoin parabolic rally, which witnessed gains of 4,500%, is back.

In its new on-chain analysis report, the crypto intelligence firm says the number of investors holding onto their BTC has reached new highs, suggesting a long-term bullish sentiment for the king coin.
More info: https://dailyhodl.com/2020/06/30/bitcoin-signal-that-flashed-before-4500-parabolic-rally-is-back-reports-crypto-intelligence-firm-glassnode/

30
Binance is reportedly finalizing a deal to buy a majority stake in the digital currency payment platform Swipe.io. The move sets the stage for the crypto exchange to roll out its own debit card.

Binance could announce the deal within the week, according to The Block.

The crypto exchange announced in April that it is working on a Binance Card that will allow users to pay for goods and services with their Bitcoin (BTC) or Binance Coin (BNB) balance in their Binance account.
More info: https://dailyhodl.com/2020/06/30/binance-preparing-to-buy-majority-stake-in-crypto-startup-swipe-amid-plans-to-roll-out-debit-card/

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