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Daily Crypto Morning Update - Binance Uganda, Coinbase NYDFS License, Micali's Algorand - BTC $6500
COINFEED HEADLINES OF THE DAY
https://coinfeed.com
Bitcoin frozen at $6500. So cold.
Movers and Shakers
Winners: MobileGo continues its second day of gains still climbing at 15%. Ravencoin down yesterday, bounces back up by 16%. Will the gains continue? Or will it materialize into a deadcat bounce.
Losers: Bytom creeps down by 9%. Zero X also falls by 5% as speculators take profits.
The Tether / TrueUSD gap remains at three cents.
Top Headlines
And that brings us to the Headlines of the day.
Tether Burns
Tether burns $500 million dollars worth of USDT in the past day as demand for it falls short.
https://coinfeed.com/share/2686519/64/24543/jxnzvw/500000000-usdt-burned-from-unknown-wallet-tx-httpstcon6lo9jbcbv
Bitfinex Strikes Back
Fudsters made claims that Bitfinex is wash trading. It seems folks have discovered a curious coinmarketcap API feed. The feed showed volume for a non-existent market in Bitfinex. Bitfinex says calm down folks. The data relates to deposits and withdrawals and is not a market at all.
https://coinfeed.com/share/2690680/64/24543/jxnzvw/bitfinex-strikes-back-at-fud-over-phantom-tether-trading-volume-reports
Uganda be kidding me
Binance Fiat onramp is now live in Uganda. Shout outs to Coinfeed member AfricanSatoshi. We do believe the future of crypto starts with Africa and look forward to growing our member base there.
https://coinfeed.com/share/2689988/64/24543/jxnzvw/binance-uganda-launches-fiat-to-crypto-ceo-donates-500000-to-national-charities
Coinbase Custody
Coinbase Custody earns the coveted license to operate as a trust from New York’s Department of Financial Services. Ripple holders are particularly excited since Ripple is a Coinbase Custody asset bringing hopes that it could one day be listed on the exchange.
https://coinfeed.com/share/2676315/64/24543/jxnzvw/coinbase-secures-approval-from-dfs-to-offer-custody-services-in-nyc
The New New Bitcoin?
A new protocol developed by MIT professor Silvio Micali gets $62 million in funding. The protocol dubbed Algorand is certainly on our watchlist. Algorand claims it has solved thee decentralization, scalability, and security trilemma. Though we do caution our viewers not to fall into the FOMO fray without doing your own research.
https://coinfeed.com/share/2674901/64/24543/jxnzvw/mit-professors-blockchain-protocol-nets-62-million-in-new-funding
Oh Hai,
I'm Coinfeed TV. This is not your daddy's Bloomberg. We tell it like it is and we may hurt your feelings. But we do it because cause we love you. Now bring it in.
This show is slightly advanced. If you're just getting into crypto much of this will go over your head. But that's okay, we have a home for you too. Download the Coinfeed app and say hello. Someone there would be happy to help you.
We'll use this show to discuss cryptocurrencies (or as we prefer to call them: cryptoassets) such as Bitcoin. We'll also cover some alt coins from time to time. We likely won't mention any assets that have low liquidity since those assets are more prone to manipulation. Coins in our system include: Ethereum ETH, NEO, GAS, Litecoin LTC, Ripple XRP, Dogecoin, Pied Piper Coin PPI, Tether USDT, Stellar XLM, Nem XEM, Binance BNB, Kucoin KCS, ZCash ZEC, Monero XMR, Cardano ADA, Nano
Hastags be like: #crypto #cryptocurrency #bitcoin #btc #cryptomemes #altcoins #eth #dapp #blockchain #fintech #trading #money #coinfeed
Content creators suggested by our members: Andreas Antonopoulos, Altcoin Buzz, Bitcoin Ben, Bitraged, Blockchain Report, Bo Polny, Boxmining, Cedric Dahl, Chris Dunn, Cliff High, CNBC Crypto Trader, Coinmastery, Coin Daddy, Crypto Bobby, Crypto Beadles, Crypto Blood, CryptoBud, CryptoCandor, Crypto Crow, Crypto Daily, Crypto Fiend, Crypto Lark, Crypto Love, Cryptosomniac, Crypto Zombie, DataDash, Decentralized TV, Dobe4Ever, Doug Polk, Ivan on Tech, Jimmy Song, Kaiser Report, Kenn Bosak, Laura Shin, Magical Crypto Friends, Richard Heart, Siraj Raval, The Dollar Vigilante, TheChartGuys, The
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By Coinfeed, LLCCOINFEED HEADLINES OF THE DAY
https://coinfeed.com
Bitcoin frozen at $6500. So cold.
Movers and Shakers
Winners: MobileGo continues its second day of gains still climbing at 15%. Ravencoin down yesterday, bounces back up by 16%. Will the gains continue? Or will it materialize into a deadcat bounce.
Losers: Bytom creeps down by 9%. Zero X also falls by 5% as speculators take profits.
The Tether / TrueUSD gap remains at three cents.
Top Headlines
And that brings us to the Headlines of the day.
Tether Burns
Tether burns $500 million dollars worth of USDT in the past day as demand for it falls short.
https://coinfeed.com/share/2686519/64/24543/jxnzvw/500000000-usdt-burned-from-unknown-wallet-tx-httpstcon6lo9jbcbv
Bitfinex Strikes Back
Fudsters made claims that Bitfinex is wash trading. It seems folks have discovered a curious coinmarketcap API feed. The feed showed volume for a non-existent market in Bitfinex. Bitfinex says calm down folks. The data relates to deposits and withdrawals and is not a market at all.
https://coinfeed.com/share/2690680/64/24543/jxnzvw/bitfinex-strikes-back-at-fud-over-phantom-tether-trading-volume-reports
Uganda be kidding me
Binance Fiat onramp is now live in Uganda. Shout outs to Coinfeed member AfricanSatoshi. We do believe the future of crypto starts with Africa and look forward to growing our member base there.
https://coinfeed.com/share/2689988/64/24543/jxnzvw/binance-uganda-launches-fiat-to-crypto-ceo-donates-500000-to-national-charities
Coinbase Custody
Coinbase Custody earns the coveted license to operate as a trust from New York’s Department of Financial Services. Ripple holders are particularly excited since Ripple is a Coinbase Custody asset bringing hopes that it could one day be listed on the exchange.
https://coinfeed.com/share/2676315/64/24543/jxnzvw/coinbase-secures-approval-from-dfs-to-offer-custody-services-in-nyc
The New New Bitcoin?
A new protocol developed by MIT professor Silvio Micali gets $62 million in funding. The protocol dubbed Algorand is certainly on our watchlist. Algorand claims it has solved thee decentralization, scalability, and security trilemma. Though we do caution our viewers not to fall into the FOMO fray without doing your own research.
https://coinfeed.com/share/2674901/64/24543/jxnzvw/mit-professors-blockchain-protocol-nets-62-million-in-new-funding
Oh Hai,
I'm Coinfeed TV. This is not your daddy's Bloomberg. We tell it like it is and we may hurt your feelings. But we do it because cause we love you. Now bring it in.
This show is slightly advanced. If you're just getting into crypto much of this will go over your head. But that's okay, we have a home for you too. Download the Coinfeed app and say hello. Someone there would be happy to help you.
We'll use this show to discuss cryptocurrencies (or as we prefer to call them: cryptoassets) such as Bitcoin. We'll also cover some alt coins from time to time. We likely won't mention any assets that have low liquidity since those assets are more prone to manipulation. Coins in our system include: Ethereum ETH, NEO, GAS, Litecoin LTC, Ripple XRP, Dogecoin, Pied Piper Coin PPI, Tether USDT, Stellar XLM, Nem XEM, Binance BNB, Kucoin KCS, ZCash ZEC, Monero XMR, Cardano ADA, Nano
Hastags be like: #crypto #cryptocurrency #bitcoin #btc #cryptomemes #altcoins #eth #dapp #blockchain #fintech #trading #money #coinfeed
Content creators suggested by our members: Andreas Antonopoulos, Altcoin Buzz, Bitcoin Ben, Bitraged, Blockchain Report, Bo Polny, Boxmining, Cedric Dahl, Chris Dunn, Cliff High, CNBC Crypto Trader, Coinmastery, Coin Daddy, Crypto Bobby, Crypto Beadles, Crypto Blood, CryptoBud, CryptoCandor, Crypto Crow, Crypto Daily, Crypto Fiend, Crypto Lark, Crypto Love, Cryptosomniac, Crypto Zombie, DataDash, Decentralized TV, Dobe4Ever, Doug Polk, Ivan on Tech, Jimmy Song, Kaiser Report, Kenn Bosak, Laura Shin, Magical Crypto Friends, Richard Heart, Siraj Raval, The Dollar Vigilante, TheChartGuys, The