Bitcoin Bulletin: Zuckerberg Considers Cryptocurrencies, Indian Exchanges Struggle

January 5, 2018 3:34 pm Published by
Bitcoin

Please note: Information on this post should not be construed as personal investment advice.

General

Jan. 4, Mark Zuckerberg confirmed in his 2018 “Mission Statement” that Facebook is studying cryptocurrencies. Zuckerberg mentioned cryptocurrency relatively briefly, but highlighted how blockchain as an example of technology that decentralizes power. Some speculation, including from CNBC, suggests that blockchain technology could help Facebook catch up to Asian messaging rivals when it comes to mobile payments. https://goo.gl/VsvB4Z

Cryptocurrency exchanges in India have struggled to accommodate increased demand in the past month and there are now long delays in registration procedures. https://goo.gl/Ac2AeJ

Bitcoin (+11.31%)

(Unclear) The Commodity Futures Trading Commission (CFTC) said Thursday that it will meet on Jan. 31 to discuss the trading of cryptocurrency futures contracts. https://goo.gl/rZk3qA The Jan. 31 meeting is scheduled to take place the week after a January 23 meeting of the CFTC Technology Advisory Committee, which will consider the related challenges, opportunities, and market developments of virtual currencies. https://goo.gl/pQCKTm

Centra (-23.25%)

(Unclear) Jan. 4, c. 5pm (GMT), Centra Tech, Inc. appointed a new CEO, David H. Brill, a new COO, Tom Warburton, and a new Chief Information Security Officer, Enrique Perez. For background on these appointees see https://goo.gl/UBmCFe

https://coinmarketcap.com/currencies/centra/

Litecoin (+8.89%)

(Positive) Charlie Lee announced via Twitter at approximately 2.30 am (GMT) that Japanese DMM crypto exchange will launch on January 11 with 7 coins, including LTC. This announcement was initially made on Dec. 21, but Lee’s post has been re-tweeted 1,000 times and had been liked almost 3,000 times.https://goo.gl/cWqHZq

(Positive) Early this morning, Charlie Lee also posted his”Vision For SegWit And Lightning Networks On Litecoin And Bitcoin.” His tweet about this has been re-tweeted almost 2,000 times and liked more than 5,000 times. https://goo.gl/BHGLNT https://goo.gl/5T52Ru

https://coinmarketcap.com/currencies/litecoin/

Ripple (-10.58%)

(Negative) Jan. 4, Coinbase issued a statement confirming that “As of the date of this statement, we have made no decision to add additional assets to either GDAX or Coinbase. Any statement to the contrary is untrue and not authorized by the company.” This may have affected XRP because there has been much speculation that the currency was due to listed on Coinbase in the near future (see previous reports). https://goo.gl/6iW2db. See also https://goo.gl/8N7nNS

(Positive) Ripple was featured in The Sun online this morning. The article praises XRP and explains how it can be bought. https://goo.gl/nd5vB8

https://coinmarketcap.com/currencies/ripple/

Ethereum (+5.60%)

(Positive) According to a report, published at approximately 8.30 am (GMT), Brazil may write new laws with data stored on the ethereum blockchain. https://goo.gl/Qvnq9E

https://coinmarketcap.com/currencies/ethereum/

WN.com, Robert Maxwell



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