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Verbal Intervention from US Treasury Whacks CD Crypto Indices

The CryptoDaily 21 Leaders Cryptocurrency Index weakened to 40.18 on Monday from 40.49 on Sunday, a 0.76% decline. The 21 Leaders Index is off 21.90% over the past 7 days and is down 13.85% over the past 30 days.  Zcash (ZEC) led the decliners with a 4.7% depreciation to a market capitalisation of US$ 562.58 million as traders reacted to comments from US Treasury Secretary Mnuchin suggesting stronger compliance regulations are in store, a new setback for privacy coins. NEO (NEO) weakened 4.1% to a market capitalisation of US$ 870.56 million and Chainlink (LINK) dropped 4.0%. Cosmos (ATOM) led advancers...

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CD Large-Cap Index Weaker Despite Bitcoin’s Push to 13,000

The CryptoDaily 21 Leaders Cryptocurrency Index closed lower at 50.62 on Tuesday from 51.45 on Monday, a 1.61% decline. The 21 Leaders Index is up 0.77% over the past 7 days and is up 11.20% over the past 30 days.  Chainlink (LINK) declined 5.7% to a market capitalisation of US$ 1.09 billion as traders continue to await a possible announcement of a relationship with Microsoft. Zcash (ZEC) depreciated 5.1% while Bitcoin Gold (BTG) led the advancers with a +4.7% gain. The CryptoDaily Large-Cap Cryptocurrency Index slumped to 36.09 on Tuesday from 36.37 on Monday, a 0.77% fall. The Large-Cap Index...

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CD 21 Leaders Index Surges 6.5% as Bitcoin (BTC) Spikes to New 2019 High

The CryptoDaily 21 Leaders Cryptocurrency Index rocketed to a new 2019 high and reached 58.74 on Wednesday from 55.13 on Tuesday, a 6.54% ascent. The 21 Leaders Index is up 18.47% over the past 7 days and is up 33.16% over the past 30 days. NEM (XEM) led the gainers with a 12.1% climb to a market capitalisation of US$ 928.37 million. Bitcoin also contributed to gains with a 9.8% climb to a market capitalisation of US$ 230.24 billion. Monero (XMR) led the losers with a 7.4% decline. The CryptoDaily Large-Cap Cryptocurrency Index sharply jumped to 44.08 on Wednesday from...

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Zcash: Why ZEC Is Starting Again

Tim Copeland, deputy news editor for Decrypt recently attended a developer conference hosted by the Electronic Coin Company (ECC) in Croatia. He reports that the firm is considering the most efficient way to change its product, Zcash. Private Eye If you’re are looking into cryptocurrency, you will more than likely have heard about Zcash but in case you haven’t, Zcash is basically a privacy coin that allows users to keep their transactions private from the public. After Monero, Zcash is currently the second biggest coin in its field - so to speak - but the developers of the project want...

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Monero And ZCash Delisted

Leading cryptocurrencies Monero and ZCash have allegedly been delisted from BitOasis, a Dubai based cryptocurrency exchange. Whilst this might not be the most pressing matter to many investors, reports have surfaced that state BitOasis failed to inform investors that they would be delisting these cryptocurrencies, calling to question the safety of our assets that we are trading within cryptocurrency exchanges. Yes, cryptocurrency is decentralised, but when we see news like this we really have to ask the question - who is really in control here? According to AMBCrypto: “The Dubai-based exchange received an in-principle approval [IPA] from Financial Services Regulatory...

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