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Kelly's conflict?
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WHAT CONFLICT? Kelly Loeffler, newly appointed U.S. senator and former Bakkt CEO, will join the committee that oversees the CFTC. The appointment has raised concerns of a conflict of interest, as Loeffler is married to Jeffrey Sprecher, the founder and chief executive of ICE. Full story LOW-PROFIT ATTACK: A recent study from Harvard researchers found Tezos is threatened by "selfish mining," a potential attack model for proof-of-stake (PoS) cryptocurrencies. Luckily for Tezos, the selfish mining concern can be patched through the network’s on-chain governance model, which conducts periodic votes for protocol changes in lieu of hard or soft forks. Full story PRO APP: Coinbase Pro released an Android app Tuesday, granting the exchange’s professional investors access to high-speed trades and other features. Coinbase Pro customers in more than 100 countries can access 50 different trading pairs via the new app, the firm said. Full story SLEEPING GIANT: According to Digital Assets Data, a fintech company building crypto data feeds, nearly 60 percent of all bitcoins remained dormant in 2019, the highest percentage of "hodled" bitcoins since early 2017. BLOCKCHAIN INVENTION: Enterprise software vendor R3 has won a patent for a blockchain-based record system designed to make corporate information-sharing more efficient. Awarded Tuesday by the U.S. Patent and Trademark Office, the patent describes a system for "managing transactions in dynamic digital documents" that would provide companies with an immutable data record. Full story |
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BULLS ON PARADE: Bitcoin jumped to seven-week highs early on Wednesday, bolstering the short-term bullish technical setup. The rally may now continue toward key Fibonacci resistance located above $8,600. Pullbacks, if any, are expected to be short-lived, and the bullish case will remain valid as long as support near $7,570 is intact. Full story |
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| | BOT-COIN: Today on Markets Daily Adam B Levine and Brad Keoun are talking about the future of robotics, which might see robots paying robots in crypto, as machines begin to automate away our quotidian tasks. Full story |
WHO WON #CRYPTOTWITTER |
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