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Daily Email 04-09-19
CoinMeet is building a blockchain ecosystem focusing on digital assets, digital identity and digital socializing. CoinMeet is wallet, ID, social tool, transaction medium, and the value router in the era of digital economy. It has a market cap over $12.53 million, a circulating supply over 339.9 million and has traded over $1.22 million in the past 24 hours according to CryptoSlate.com.
MEET/BTC is breaking through a resistance area near 0.0000024500 that it has tested many times of the past year. Today’s breakout follows a significant move over the weekend that pushed it above its 0.000001800 resistance area. Based on the size of the last swing added to the breakout level, the potential target is near 0.0000035500. A stop could potentially be placed below 0.000002200.
News to Know
China Wants to Eliminate Bitcoin Mining for Wasting Energy & Polluting Environment
The country with the world’s biggest cryptocurrency mining farms, China, aims to completely ban their operations, according to a new report issued by its top economic planning body. The National Development and Reform Commission (NDRC) on Monday released proposed amendments to the list of industries that it wants to support, restrict or eliminate. Bitcoin and other digital currencies mining are listed among a swarm of other activities in the latter section of the updated document, which includes those seen as wasting resources or polluting the environment.
3 Red-Hot 5G Stocks: The Death of Comcast Is Near
Coinbase Pro Adds EOS, REP, MKR for Most Jurisdictions
San Francisco-based digital asset exchange, Coinbase has announced that users on Coinbase Pro, a trading platform for professional crypto traders, will support EOS, Augur (REP), and MKR. However, residents of New York will not be able to buy or sell EOS or REP tokens on Coinbase Pro, the American exchange operator announced on April 9th, 2019. Meanwhile, MKR will “be available in all Coinbase Pro-supported jurisdictions” located outside the US.
Benefits of the New Coinsquare eCAD Stablecoin
According to the recent press release of the Canadian crypto exchange, the new Coinsquare eCAD stablecoin is expected to be released soon. They emphasized that the new coin will be a reliable and stable value repository, which provides investors with an alternative to similar coins provided by the US dollar.
BitGo Provides Custody and Wallets to Digital Asset Trading Platform LGO Markets
Blockchain security firm and wallet service BitGo has provided a newly launched digital asset trading platform, LGO Markets, with its custody and multi-signature wallets, according to a press release published Tuesday, April 9.
Bitstamp Receives BitLicense from New York State DFS
Cryptocurrency exchange Bitstamp announced that it has been granted a BitLicense by the New York Department of Financial Services (DFS.) The announcement came in a press release shared with Finance Magnates. Bitstamp is one of only nineteen companies to receive the BitLicense, including cryptocurrency exchange Coinbase and (more recently) crypto brokerage Tagomi.
XRP Army at Work, Will Skype Accept Ripple (XRP) For Micro-payments?
The Ripple (XRP) community has once again urged Microsoft’s messaging platform Skype, to integrate the currency into their network as means of micro-payment. Ripple (XRP) enthusiasts are keeping up with the request, and the Skype team promised to talk over the matter with the other teams.
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