Cryptocurrency Daily News Bulletin, January 18

January 18, 2018 12:11 pm Published by

Please note: Information on this post should not be construed as personal investment advice. Prices were correct at the time of writing.

 

General

 

Ledger. Ledger SAS, which makes electronic wallets for cryptocurrencies, has raised 61 million euros ($75 million) from investors including Draper Esprit Plc. https://goo.gl/dxT9i7

Lunar New Year. Some commentators have suggested that cryptocurrencies recent troubles have been influenced by spectre of the Lunar New Year because Asian traders have been cashing out their cryptocurrencies to pay for travel and buy gifts ahead of the holiday period that begins on Feb. 16. Lunar New Year is celebrated in countries including China, Singapore, Indonesia, Malaysia, Korea and Thailand. https://goo.gl/MgXyVh

CBOE. Last night (GMT) Bloomberg reported that the Chicago Board Options Exchange (CBOE) are considering offering other cryptocurrency futures, after first offering Bitcoin futures in early December. https://goo.gl/oqeb9w

Weiss Ratings. Weiss Ratings will launch the first cryptocurrency rating service on January 24. The Cryptocurrency Ratings will cover Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, Monero, Bitcoin Gold and many others. https://goo.gl/2BBXaC

 

Individual Currencies

 

Bitcoin (+12.61%)

(Negative) On January 17, Visa’s CEO again voiced his opposition to Bitcoin: “I don’t view it as payment system player … we at Visa won’t process transactions that are cryptocurrency-based. We will only process fiat currency-based transactions.” https://goo.gl/p6MTUC

https://coinmarketcap.com/currencies/bitcoin/

 

Ethereum (+15.48%)

(Positive) Vitalik Buterin has proposed a new ICO fundraising model which borrows properties from the DAO and is dubbed a Decentralized Autonomous Initial Coin Offering (DAICO). His hope is that this would create a more responsible ICO process. https://goo.gl/HRZnqF

(Positive) Buterin has confirmed that he is quitting Fenbushi Capital, the Chinese investment firm, to focus on Ethereum. https://goo.gl/nHRU93

(Positive) The Enterprise Ethereum Alliance (EEA) has appointed Ron Resnick, the former president and chairman of the Airfuel Alliance, as its first executive director, according to a January 17 press release. https://goo.gl/Xj7Vpi

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

 

Siacoin (+21.25%)

(Positive) January 17, Bitmain’s announced the release of new Antminer A3 model. The new ASIC miner uses the hashing Blake(2b) algorithm needed to mine coins like Siacoin, and is the first commercial mining rig for Siacoin of its kind to be available to consumers. https://goo.gl/4HVgJ8

https://coinmarketcap.com/currencies/siacoin/

 

NEM (+29.77%)

(Positive) Indonesian blockchain startup Pundi X, which uses the NEM blockchain, may launch a point-of-sale network in India in 2018 to help create an offline channel for cryptocurrencies. https://goo.gl/vArQ56

https://coinmarketcap.com/currencies/nem/

 

Rivetz (+18.13%)

(Positive) January 17, Rivetz announced a partnership with Verif-y for application security and private key management on Verif-y’s identity verification platform. https://goo.gl/JELZ5g

https://coinmarketcap.com/currencies/rivetz/

 

Tron (+74.64%)

(Positive) On January 22, Tron is will release a version of its ‘Tron Dogs’ game (which is similar to Ethereum’s Cryptokitties) in English, Korean, and Japanese. A Chinese version is currently in circulation. On January 29th, pet collections, breeding and event systems will become available and on February 8th, the mobile version is anticipated to roll out. https://goo.gl/13Phnw

https://coinmarketcap.com/currencies/tron/

 

Litecoin (+14.70%)

(Positive) Early this morning (GMT), Charlie Lee issued the following development update via Twitter: “we are working on the next release of Litecoin Core and will reduce relay fees to 0.01 lite (0.00001 LTC). Should be released soon. The release after this one, we will reduce min fee to 0.1 lite (0.0001 LTC). I’m also finishing up my fee signaling proposal.” https://goo.gl/Tqg4ub

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

 

AdEx (+29.79%)

(Positive) ADX tokens are now available on the Huobi Pro exchange. AdEx deposits will be open from 10:30 pm GMT on January 18. There will be two trading pairs available — ADX/BTC and ADX/ETH, and trading will commence at 11:00 pm GMT on January 19. ADX withdrawals will be available from 22:30 GMT on January 22. https://goo.gl/R4PYZF

https://coinmarketcap.com/currencies/adx-net/

 

Ripple (+42.88%)

(Positive) Ripple may be benefitting from the announcement, made yesterday, that Mitsubishi UFJ Financial Group, Inc, the largest bank in Japan, is set to launch a cryptocurrency exchange. Ripple has a partnership with Mitsubishi. https://goo.gl/boq99a

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

 

– WN.com, Robert Maxwell

 



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