Crypto Exchanges are the New Enemy.

We’re not in a bull market now yet what we are in right now is a bull trend the ugly side of where we are at and where we are heading the scams are going to come back. the market gets the more creative and it’s not just coins it’s not just projects exchanges.

 

Who protects you or who is supposed to? what if they are decentralized? there’s no CEO or CFO who is going to protect you? is it the CFTC what they call Bitcoin a commodity and they say that they are supposed to regulate it but what are they actually regulating? The US Department of Justice is actually probed in two different projects but what have they actually done?

 

When it comes to cryptocurrency here’s something that’s really serious issue, the fact that that coins have been taken into wallets that you’re not controlling they’ve been sold on exchanges that’s your money being taken from you and there’s like what’s consequent to base the signal for that they have sanctuary this is that. you can’t depend on any regulators or any entities to protect and the problem will get worse.

 

So what can we do about it? Something peculiar about this situation, the investors who need protection there’s actually really good cryptocurrency projects who fall victim to it these exchange hacks who fall victim and the value of the cryptocurrencies get crushed so you actually have a really good project who suffers because of a hack and then there and then what happens is the community feels the coin is dumping which is a scam coin we see stuff like that all the time there’s not a lot of how can you say this you cannot do in the space of cryptocurrency without receiving some sort of a dramatic reaction and the drama goes both ways I mean we move up 5% all of a sudden people see it as trash.

 

What cryptocurrency does is that being said though everyone is getting excited and projects are getting so are the scammers so are the hustlers so are the people who want to steal your money everything comes with good and it comes with bad and we’re already seeing it happen.

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Read the Daily 10 Hot Crypto News to Stay Updated with the Market.

1. Nipsey Hussle Fatal Shooting Is a Blow to Rap Music and to Bitcoin.

2. Bitcoin Price Posts Biggest Quarterly Gain Since Late 2017.

3. Di Maio Bets on the Blockchain, Says Italy Must Allow Innovation to Proliferate.

4. The US SEC Is Hiring a ‘Crypto Specialist’ Legal Advisor.

5. A Brief Guide on how to Create Lightning Network Invoices.

6. Bitcoin Hits 5-Week High as SEC Postpones ETF.

7. Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange.

8. Ripple XRP Price Prediction for April: Can It Rise by 26% To Hit the Target of $0.40?

9. Privacy Service for XMR-Enabled Bitcoin Transfers Removes Support for US Residents.

10. This New Android Malware Targets 32 Crypto and 100 Bank Apps – Here’s How Not to Get Hacked.

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Top Trending Crypto News about the Market to keep you Updated.

1. North Korea Amassing $670 Million in Crypto Proves US Dollar is Losing.

2. RESISTANCE!! Can Bitcoin Break Through, Or Is the Dump Coming?

3. Iran’s Crypto Regulations: What’s Happening Behind Closed Doors.

4. Amazon’s Twitch silently removed crypto payments from its subscription services.

5. Bitcoin Converts ‘Waste Product’ From Oil Industry into Financial Freedom, Says Miner.

6. Bitcoin Adoption Massive News & Macro Trends.

7. Hong Kong: Unlicensed STO Trading is a Criminal Offence.

8. How Much Bitcoin Does the US Government/FBI Currently Have?

9. Facebook will sell user transaction data to commercial companies, says Andreas Antonopoulos.

10. Options Traders Show Little Confidence in Bitcoin Hitting $10,000 This Year.

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Fully Regulated Crypto Exchange to be Launched in the US by Riot Blockchain.

Riot Blockchain in process to launch U.S-based regulated cryptocurrency exchange. It has already filed with the SEC. Launching a crypto exchange is difficult in the United States, the few states that still haven’t joined the crypto-positive camp it’s absolutely impossible yet, there are a lot of companies that are eager to try.


Riot Blockchain, Game Changer

The new platform will be functioning under the name RiotX and will offer three key services to its end-users: banking, digital asset trading and a digital asset wallet.


Though the company itself is old, it entered the crypto industry less than 2 years ago in October 2017. Initially it was working in biotech for almost two decades and was known as Bioptix but then it changed its name to Riot Blockchain, with a series of re-branding and shifted the focus of its activities to crypto mining.


Then it acquired a crypto brokerage Logical Brokerage Corp based in Miami and announced its plans to launch a digital currency exchange and futures brokerage services within the United States in 2018.


The firm faced with some major regulatory issues due to its unexpected shift to blockchain and its new business model which resulted in its stock price increase.


Past few months made difference as it changed its board of directors including its CEO.

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London Stock Exchange, launch pad for Blockchain ETF by Investment Firm Invesco

United States-based investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange (LSEG) today.


The Invesco Elwood Global Blockchain ETF will get hold of 48 companies involved with blockchain technology. The firms appointed through a proprietary scoring system developed by crypto investment boutique Elwood Asset Management.


The article cites Apple, chip manufacturer Intel, graphics processing unit’s manufacturer Advanced Micro Devices, mining hardware manufacturer Taiwan Semiconductor Manufacturing and United States exchange supporting Bitcoin futures CME Group as examples of companies included in the ETF.


Financial Times focused on that, blockchain is not as similar as decentralized cryptocurrencies, citing the JPM Coin, the stable-coin announced by JP Morgan Chase in February.


As Cointelegraph reported last month, U.S.-based Investment management firm AdvisorShares and investments advisory company Sabretooth Advisors announced they will partner up and launch an exchange-traded fund that tracks tech companies, including those involved with blockchain and cloud computing.


Also, at the end of January, the Chicago Board Options Exchange, investment company VanEck and financial services firm SolidX re-applied with the U.S. Securities and Exchange Commission (SEC) for a rule change to list a Bitcoin (BTC) ETF.

 

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US State Pissed on Government Intervening on Blockchain.

The country was closely monitoring global approaches to blockchain says A United States senior government official, in a speech at the 4th Annual DC Blockchain Summit. The event, organized by Chamber of Digital Commerce (CDC), featured various influential speakers from U.S. politics.


Manisha Singh, explained that the Trump Administration was busy surveying other states’ activities in the area. Discussing domestic and coordinated international efforts around blockchain, Acting Under Secretary of State for Economic Growth, Energy, and the Environment.


A word about State Department’s perspective on blockchain and what the agency looks to other nations for, Singh stated:
“We want to see other countries adopt light-touch and compatible regulations so the private sector has room to innovate and perfect potential new uses for blockchain. As the government, sometimes the best thing we can do to help is stay out of the way.”


Speaking on the State Department’s current role she said: “blockchain technology is becoming a global phenomenon. It is therefore essential that we better understand this cutting-edge technology, as it becomes more widely adopted in our economy.”


Singh continued, lawmakers are curious about decentralization, declaring:
“We’ll conduct oversight as necessary and ensure public protections, yet our overall goal is to understand the benefits of the open and decentralized nature of this technology.”


Speaking at the same event, Christopher Giancarlo, chairman of U.S. regulator the Commodity Futures Trading Commission (CFTC) commented: “What a difference it would have made a decade ago if blockchain technology had been the informational foundation of Wall Street’s derivatives exposures.”


New research projected: blockchain spending just under $3 billion worldwide in 2019.

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