Top Crypto Headlines for Jan 30th
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HOT! - US Regulator Sent Tether and Bitfinex Subpoenas Back in December 2017
HOT! - SEC Halts AriseBank ICO, Freezes Assets
Investors Baffled by Latest ICO Scam Prodeum
Japanese Brokerages Form Consortium to Adopt Blockchain
Ardorgate Goes Live, Introduces Euro Pegged Token AEUR
HOT! - CoinMarketCap Re-includes South Korean Exchanges
Neo DevCon Kicks off in San Francisco Underway
Augur New White Paper: A Decentralized Oracle and Prediction Platform
Sia Announces Refresh of Its Brand, New Website
Latest on IOTA from Co-Founder Dom Schiener
Japanese Retailer Yamada Denki to Offer Bitcoin Payment Service
HOT! - Moneygram CEO to Leverage on Ripple’s Tech to Give Company a Major Lift
Po.et to Partner up with Digital Media Network Maven
Accepting Monero with Monero–Integrations Impresses Users
Storj Moves from Petabytes to Exabytes, Future Looks Bright
HOT!- Major Online Shopping Mall in South Korea to Introduce Crypto Payments
South Korean Lobby Set to Persuade Govt on Flexible Crypto Regulations
HOT! - USDT/USD Attempts to Break Its 'Peg', Pay Close Attention
HOT! - Ripple Expands into Middle East After BitOasis Listing
HOT! - Bitcoin: Mempool Clears Up, Transaction Fees 2-5 Sat/B
Waltonchain Annual Meeting : Seven Strategic Cooperation Agreements Signed
HOT!- Robinhood: Over 1 Million People Waiting to Get Registered for the App
Main Gainers / Losers Top 100 Coins
source: www.coinmarketcap.com
Market Summary for Jan 30th
From the beginning, Jan 30th felt like it was setting up to be a non-conducive day in the crypto space. Day traders joining in Asia, and let's face it, having that odd inevitable look at www.coinmarketcap.com or the likes, could not help but notice that other than NEO and GAS - buyers emboldened by the hype surrounding the first Dev Conference in San Francisco - a tepid sea of red dominated the board.
On the background, as if listening to a macabre piece of dark music, the mounting numbers of posts on Bitfinex / Tether though Reddit and Twitter posts kept pouring in. The Tether fiasco on getting its house in order following the dissolution of Friedman LLP as its auditor, which may have appeased some fears, the USD/USDT peg making constant attempts to break lower - who is sitting on the bid sub 0.95? -, only to top it off with news that the US regulator CFTC sent a subpoena to Bitfinex and Tether back on December 6. However, as Charle Lee, Founder at Litecoin points out, the fact that they have been able to conduct business and issue further USDT should be reassuring. We shall wait and see.
Tuesday also leaves behind a barrage of must-read news, including the U.S. Securities and Exchange Commission announcing that it had frozen the assets of AriseBank, not allowing it to raise any additional cash from investors. As CoinLive reported, via CNBC, the SEC alleges AriseBank of falsely stating that it purchased a Federal Deposit Insurance Corporation insured bank which enabled it to offer customers FDIC-insured accounts.
Some investors from the latest ICO scam Prodeum certainly learned a few good lessons in the last 24h to conduct due diligence on new projects to invest.
If we were to remove the Tether / Bitfinex story from the equation, Tuesday might as well been a fairly constructive, as a fair share of positive industry-based news made headlines, including a major online shopping mall in South Korea due to introduce crypto payments, Bitcoin's mempool clearing up, with transaction fees down to 2-5 sat/B - can increase confidence to transact -, or the fact that Robinhood has reached more than 1 million people waiting to get registered for the App.
On project-specific announcements, Ripple continues its expansion, after we learned the token was clear to be listed in BitOasis, a top exchange in Dubai. Besides, Moneygram CEO confirmed they are set to leverage on Ripple’s technology as well. Meanwhile, Ardorgate went Live, introducing the Euro pegged token AEUR, Augur published its new white paper, titled 'A Decentralized Oracle and Prediction Platform', the acceptance of Monero got easier with the new Monero–Integration features, while Storj recently announced that they are moving from petabytes to exabytes. Lastly, we also learned that as part of Waltonchain Annual Meeting, seven strategic cooperation agreements were signed.
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