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The Daily 2 - Why You Should Move Your Bitcoin From Exchanges, Offline

Hey, what’s up Crypto Daily fans, I’m Brian Wilson and this is The Daily 2. So, you may have heard about the “proof of keys” event that took place On January 3rd, on Bitcoins 10th anniversary. It was an event spearheaded by well-known Bitcoin and cryptocurrency investor, Trace Mayer in the midst of the freezing of accounts by the exchange known as HitBTC. The idea is that exchanges might not have the liquidity that they claim, meaning they don’t have all the assets they claim to have and, it’s possible, that they take customers funds for use in the exchange’s...

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Is Milne Right? Is Bitcoin The Only Sure Thing?

Cryptocurrency investors and traders from around the world are eagerly awaiting the next bull run to occur. But the development of the next bull run will all depend on which public blockchains will become the defining names of the industry. Alistair Milne is an investor and entrepreneur based in the United Kingdom who shares the same sentiment. Milne is well known on Twitter for his bullish statements about Bitcoin and other cryptocurrencies. He has even said that any new price highs for the leading cryptocurrency should perform better than that of 2017. In a thread over the weekend, Milne said,...

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“Cryptocurrencies Represent A New Frontier” According To UN

The United Nations has called dubbed cryptocurrency as a ‘new frontier’ in their end of year report on the global economy. Cryptocurrency and blockchain technology have a massive potential according to the UN. They can create new and revolutionary business models which could cut red tape and increase efficiency on a massive scale. The UN has expressed their keen interest in virtual assets such as crypto on previous occasions prior to this. Back in the Summer last year, the United Nations Office for Project Services revealed its collaboration with IOTA to “explore how IOTA’s innovative technology – which provides an...

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Bitcoin Sidechain Goes Under Trial After Japanese Approval

Crypto Garage is a blockchain development firm based in Japan and they have recently announced that they have gained regulatory permission to test out its settlement system using Blockstream’s Liquid Sidechain. The blockchain development company originally claimed to be the first such finance project to receive a green light under the Japanese government regulatory sandbox scheme which will now conduct a 12-month pilot trial with a group of participating cryptocurrency exchanges. The project is called Settlenet and uses Liquid as part of an arrangement allowing exchanges to issue stablecoins tethered to yen as well as trading against Liquid Bitcoin, Blockstream’s...

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Bitcoin (BTC): Calm Before The Storm

Bitcoin (BTC) is currently down more than 4% for the month. The past few days have made the bears more confident as most of them are focused on smaller time frames. If we zoom in on the 4H or daily charts for BTC/USD, its future outlook does not look so good. However, if we zoom out and look at the weekly or monthly charts, everything lines up. The monthly chart for BTC/USD shows that Bitcoin (BTC) has already bottomed out and is currently just trading sideways before its next big move. The number of people who actually believe that Bitcoin...

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