🗞 Daily Crypto News, April 20th💰

vlemon (76)in #bitcoin • 6 years ago (edited)

Blockchain Slump? Banks May Be Fatigued But Insurers Are Pumped ;
Institutional Demand for Bitcoin and Crypto Resurges ;
Can Blockchain Repair the Broken Digital Advertising Space? ;
Ether Investment Firm Begins Trading on Stock Exchange ;
Bank of Japan Turns Back on State-Issued Cryptocurrency ;
Crimean Gov’t Considers Crypto Fund To Attract Foreign Investment, Avoid Sanctions;
📑 Daily Crypto Calendar, April 20th💰
STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Blockchain Slump? Banks May Be Fatigued But Insurers Are Pumped

While bankers came across as browbeaten and anxious, their cousins in insurance were anything but.

Indeed, the tone for banking was set on a panel looking at the potential of blockchain for financial services, where Claudia Coppenolle, head of digital market management for Deutsche Bank, began by acknowledging her belief that the hype cycle around business applications for blockchain is clearly past its peak.

Institutional Demand for Bitcoin and Crypto Resurges

Reports are increasingly indicating that bitcoin’s recent drop of 70% from its December record highs of nearly $20,000 has spurred a renewed interest in the BTC and cryptocurrency markets from institutional investors.

🗞 Can Blockchain Repair the Broken Digital Advertising Space?

Most of us find digital advertising irritating. When online ads first came to platforms like Facebook, it was something of a novelty. For the first time, we were being shown products and services that were actually relevant to us, based on our likes and preferences – and data. That four-letter word has become a precious commodity. Because valuable data is, in fact, worth its weight in gold.
Read more & Source: https://themerkle.com/can-blockchain-repair-the-broken-digital-advertising-space/

🗞 NASA Funds Development Of Autonomous Spacecraft That Uses Blockchain

The National Aeronautics and Space Administration (NASA) has awarded a new grant that supports the development of an autonomous spacecraft that could make decisions using Blockchain technology without human intervention, news outlet Space.com reported April 18.

"In this project, the Ethereum Blockchain technology will be exploited to develop a decentralized, secure, and cognitive networking and computing infrastructure for deep space exploration… I hope to develop technology that can recognize environmental threats and avoid them, as well as complete a number of tasks automatically. I am honored that NASA recognized my work, and I am excited to continue challenging technology's ability to think and do on its own."

🗞 Ether Investment Firm Begins Trading on Stock Exchange

"The utility of that is two-fold, yes it gives people exposure in the marketplace and more importantly creating that pool of assets gives us space in the community and the ethereum platform. As we kind of scale that out we can have an opportunity to become something like ConsenSys, which is a large organized stakeholder in ethereum which can then use its platform to create value."

🗞 Crimean Gov’t Considers Crypto Fund To Attract Foreign Investment, Avoid Sanctions

The Crimean Deputy Prime Minister Georgy Muradov, told a group of journalists on Wednesday:

“We are discussing ways to avoid sanctions. One of these methods is the creation of a cryptocurrency investment fund in Crimea where we will accumulate cryptocurrency resources, transfer them to normal money, and then use them for the realization of any kind of investment projects on Crimean soil.”
Read more & Source: https://cointelegraph.com/news/crimean-govt-considers-crypto-fund-to-attract-foreign-investment-avoid-sanctions

Daily Crypto Calendar, April, 20th

WAX (WAX)

WAX will be at StartEngine ICO Summit 2.0. in Santa Monica, CA.

Block Array (ARY)

Truck HQ - Driver & Vehicle Passport Beta.

BitBay (BAY)

Staking calculator planned to be released on April 20th.

Augur (REP), EOS and 3 others

Hear from disruptive ICOs, network, and learn how to use an ICO in business at StartEngine ICO 2.0 Spring Summit on Apr 20 from 8AM-7PM PDT.

ECC (ECC)

“The ECC team is proudly launching Sapphire with ANS, products that redefine the standards of design and UI/UX."

Veritaseum (VERI)

"April 20th - 23rd Nairobi, Kenya - private consultations, public meet and greet."

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

As I was explaining you, we have a resistance line around 3.05$ and we are still currently trying to break it. The first break of it created a pull back and we went directly on the support line in orange. That suport line played well her role and helped us to go test again the resistance line. We are still exactly on it at the time of this article.

If we are not able to break it soon, we will see a correction taking place. As I'm expecting also soon a correction on the BTC if we don't have an increase of volume, I don't think we will be able to break the current resistance line on the STEEM neither but let's take a look on that line and on what will happen.

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6 years ago in #bitcoin by vlemon (76)

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etka (52) 6 years ago

Nice recap on the news. Thanks for sharing. Following :)

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wanasoloben (61) 6 years ago

Reports are increasingly indicating that bitcoin’s recent drop of 70% from its December record highs of nearly $20,000 has spurred a renewed interest in the BTC and cryptocurrency markets from institutional investors.

That seems very true on my side.

Thanks for the news.

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