Cryptocurrencies Market Overview - April 10, 2018

Today in the news:

  • Japan has at least 3.5 million people that are trading cryptocurrencies.
  • Coinbase is looking to register with the SEC as a licensed brokerage and digital trading venue.
  • Bitcoin exchange Gemini will be offering investors the ability to place large orders outside of the exchange’s order book.
  • And more crypto news below...

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Latest Crypto News - April 10, 2018

Rangebound: Bitcoin Bulls Need Break Above $7.5K

Bitcoin lacks clear bias today, but a decisive session in either direction would likely define the trend going forward.
Read more: www.coindesk.com

More sources about Bitcoin's price:

Japan Could Have More Than 3 Million Crypto Traders

Japan's Financial Services Agency (FSA) has released domestic cryptocurrency trading statistics for the first time. According to data gathered from 17 cryptocurrency exchanges in Japan, as of Mar. 31 this year, the country has at least 3.5 million individuals that are trading with cryptocurrencies as actual assets.
Read more: www.coindesk.com

Gemini to Roll Out Bitcoin and Ether Block Trading

Cryptocurrency exchange Gemini said Monday that it will roll out block trading for bitcoin and ether starting later this week. Block trading allows large traders such as hedge funds to buy or sell large quantities without having large immediate effects on the price.
Read more: www.coindesk.com

Other sources:

New crypto exchange opens in India, despite new RBI regulations

CoinDCX is a new digital cryptocurrency exchange that lets you trade between all major altcoins and cryptocurrencies. The exchange launched online on April 9, 2018.
Read more: cryptobible.io

Coinbase Seeks SEC Registration to Beef Up Business

Coinbase is looking to register with the SEC as a licensed brokerage and digital trading venue in a bid for business expansion.
Read more: cryptovest.com

Other sources:

China Needs Better Regulation for Blockchain Growth, Experts Say

Industry experts spoke of the need for regulations and standards to boost blockchain growth at a Chinese event on Tuesday.
Read more: www.coindesk.com

Golem Launches on Ethereum’s Main-net

After nearly two years of development, one of ethereum’s first ICO project, which raised some 820,000 eth in 2016, has finally launched live on ethereum.
Read more: www.trustnodes.com

Other sources:

'Bitcoin Day' Proves Crypto Is Thriving in Argentina

Argentina saw one of its largest-ever bitcoin events last week, one that showcased how it's still a regional leader in promoting the technology.
Read more: www.coindesk.com

Digix DAO (DGD) Mints First Batch of Gold-Backed Tokens

The long-awaited minting of gold-backed tokens by Digix DAO (DGD) finally arrived, but failed to have an effect on the price of DGD. The asset slid by 5% to around $207.23, as interest somewhat faded.
Read more: cryptovest.com

Salesforce Confirms Development of Cryptocurrency, Blockchain Solutions

Salesforce, an American cloud computing company, has revealed that it has been working on a blockchain-based product. The cloud computing giant was always known to have been positive on the revolutionary technology. In an interview at the Salesforce Developer Conference – TrailheadDX, Salesforce CEO Marc Benioff and co-founder Parker Harris confirmed their intention to offer a suite of cryptocurrency and blockchain solutions.
Read more: bitsonline.com

Chile Is Using Ethereum's Blockchain to Track Energy Data

Chile will use ethereum's blockchain as a way to record energy sector statistics, its government announced Thursday.
Read more: www.coindesk.com

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Some with really deep pockets has been pumping Ontology on Binance like there's no tomorrow. I like NEO, but I don't get what is so special about this ONT coin.

I’m excited to see Counbase looking to register with the SEC and become a licensed broker. We could see some lift to the ICO market if a registered US exchange can legally sell them. Thanks for the update!

This is nice improvement , coinbase will going to experience a massive sign up this time around. Am happy to a fan of coinbase.thanks for this update @penguinpablo

I dont think the SEC will allow it, without banning some coins. I think the answer lies in the ability to track sources. I could be wrong but i can't personally wait to see how they bend there rules to make it happen. If they do.

I think the biggest news yet is the that of gemini rolling out the carpet for big exchange. Looks like some grand project to me.

great analysis. wish i could do that too. :^D

the bar graph was awesome! i like it!

Thanks for information.

Good analisys, this time to invest :)

Great info as always, Steem looks like it once to break out (break RSI trendline) , we need a close above $2.00 first (yellow line).

Good news for us, we hope cryptocurrency growth rapidly around the world, thanks for your sharing usefull and valuable information

Great article , keep the good work

3.5 million people trading in Japan seems like a lot but we should take into account that the population in Japan is 127million.
Hopefully more and more people people will keep on trading cryptos!!!:)