🗞 Daily Crypto News, February, 14th💰
- Coinbase Now Lets Users Back Up Private Key Recovery Phrases On The Cloud … A Good Idea? ;
- Nasdaq to Add Brave New Coin Bitcoin and Ethereum Indices This Month ;
- ETF Tied to Bitcoin Futures Withdrawn After SEC Staff Request ;
- Digital Asset Loses Second CTO in 6 Months as Startup Shake-up Continues ;
- Court Rules Brazil’s Bitcoin Max Exchange Can Keep Bank Account ;
- 📑 Daily Crypto Calendar, February, 14th 💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 Coinbase Now Lets Users Back Up Private Key Recovery Phrases On The Cloud … A Good Idea?
Coinbase's Siddharth Coelho-Prabhu announced on Tuesday, February 12, that Coinbase Wallet users can back up encrypted versions of their private key recovery phrases using Google Drive or iCloud. Coelho-Prabhu said the new feature is meant to provide "a safeguard for users."
With this cloud-based system, if somebody loses their device or fails to manually back up their 12-word recovery phrase, they can still gain access to their funds. They would simply use a password (that they chose) to pull their recovery phrase from their cloud account. However, the backup is only accessible via the Coinbase Wallet app.
🗞 Nasdaq to Add Brave New Coin Bitcoin and Ethereum Indices This Month
Nasdaq will launch two new indices tracking cryptocurrency prices on Feb. 25, the company announced in an update to its website on Feb. 12.
The indices — the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) — will offer real-time price updates in thirty-second intervals for clients using NASDAQ’s Global Index Data Service (GIDS).
BLX and ELX are the product of United States blockchain and crypto asset market data company Brave New Coin.
🗞 ETF Tied to Bitcoin Futures Withdrawn After SEC Staff Request
The move comes just days after the proposal for the Reality Shares Blockforce Global Currency Strategy ETF was first submitted to the Securities and Exchange Commission (SEC). According to a note submitted to the SEC on Tuesday, the company withdrew its ETF proposal at the request of agency staffers.
A lawyer for Reality Shares confirmed the move when reached for comment by CoinDesk, stating:
*“I can confirm that we did withdraw it and it was withdrawn because the staff are still taking the position that it’s not appropriate to file a registered 40 Act fund with cryptocurrency exposure at this time.”
🗞 Digital Asset Loses Second CTO in 6 Months as Startup Shake-up Continues
The shake-up continues at financial blockchain company Digital Asset (DA) following the departure in December of CEO Blythe Masters.
CTO of engineering and chief information officer James Powell left the company at the end of January, only six months after joining, according to a person with direct knowledge of the situation.
Powell’s departure was unrelated to Masters leaving, according to this source, explaining that the
CTO did not jibe with DA’s startup culture. Before joining the company in August, Powell held senior positions at such large corporates as Thomson Reuters and Warburg Pincus.
🗞 Court Rules Brazil’s Bitcoin Max Exchange Can Keep Bank Account
Brazilian cryptocurrency exchange Bitcoin Max has won in court the right to keep its checking account with Banco Santander. According to the presiding judge, the bank has not met its obligation to notify the crypto company of the closure in advance.
📑 Daily Crypto Calendar, February, 14th 💰
- nDEX (NDX)
NEXBit.Exchange launches mobile client.
- Waves (WAVES)
"The winner is @wavesplatform and will be available to trade from February 14th!"
- SmartCash (SMART)
SmartCash v1.2.8 will be released in the next 2 weeks, the upgrade will increase the SmartNode collateral requirement from 10K to 100K SMART...
- Cashaa (CAS), General Event (CRYPTO)
Blockchain Summit Mumbai at Hotel Sea Princess, Juhu Beach, Santacruz West, Mumbai, Maharashtra from 8:45 AM - 5:15 PM.
- General Event (CRYPTO)
This discussion will focus on central bank digital currencies (CBDC) and their impact on local economies and cryptocurrencies.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
We are still sitting just under the resistance line at 0.31$. I traced a new line in blue to show you the trading canal inside we are staying since days now. We really have to wait that we break that blue line or the orange line to know which direction our favorite crypto will take in the coming days. Patience Patience, it is the key.
Last Updates
- 🗞 Daily Crypto News, February, 13th💰
- 🗞 Daily Crypto News, February, 12th💰
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- 🗞 Daily Crypto News, February, 1st💰
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