Cryptocurrencies Market Overview - April 25, 2018

Today in the news:

  • Great news for us: STEEM will be listed on Huobi :)
  • The cryptocurrency markets made a retreat today.
  • Nasdaq is open to becoming a cryptocurrency exchange, according to the CEO.
  • OKEx has suspended all ERC20 token deposits on the discovery of an Ethereum smart contract bug.
  • Changelly is going to partner with Binance.
  • And more crypto news below...

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Latest Crypto News - April 25, 2018

$10K on Hold As Bitcoin Sees Price Pullback

Having rallied more than 50 percent this month, bitcoin is now witnessing a pullback. The cryptocurrency rose to $9,767 on Bitfinex earlier today - the highest level since March 12 - before falling back to $9,100. As of writing, bitcoin (BTC) is changing hands at $9,125.

Read more: www.coindesk.com

Ethereum Price Leads Morning Retreat as Market Dips Below $400 Billion

The cryptocurrency markets made an early morning retreat on Wednesday, pressing pause on its extended bull run. The Ethereum price led the retreat with a nine percent decline, and altogether nine of the 10 largest coins and tokens lost value against the dollar, while four posted double-digit declines.
Read more: www.ccn.com

Nasdaq is open to becoming cryptocurrency exchange, CEO says

Once the regulation is smoothed out and the space "matures", Nasdaq would consider becoming a digital currency exchange, the company's CEO says.
Read more: www.cnbc.com

OKEX Halts ERC20 Deposits Following Discovery Of Critical Ethereum Smart Contract Bug

Hong Kong-based OKEX, the third largest cryptocurrency exchange in the world by trade volume, suspended all ERC20 token deposits April 25 after the discovery of what developers say is a “new smart contract bug.”
Read more: cointelegraph.com

More sources:

Changelly Partners Binance to Improve Token Listings and Transactions

The Binance exchange continues to make a lot of headlines. After its migration to Malta, the company has now struck a major partnership. Their new venture together with Changelly will result in more tokens, better rates, and faster transactions for users.
Read more: www.newsbtc.com

More sources:

Ethereum's Top Developers Think a Blockchain Split Might Be Inevitable

Parity is set on implementing their new proposal to recover frozen funds, and ethereum devs are worried there's nothing to stop a blockchain split.

Read more: www.coindesk.com

More sources:

Huobi Pro Launches Steem Trading

Huobi, the 4th largest cryptocurrency exchange worldwide, has announced they will add STEEM to their trading platform tomorrow.
Read more: www.huobipro.com

New Self-Regulatory Rules for Crypto Exchanges in South Korea Clarified

The majority of South Korean cryptocurrency exchanges are implementing new self-regulatory rules and performing self-inspection. The industry group in charge of leading the efforts has clarified the differences between the new and old self-regulatory rules for its 23 exchange members.
Read more: news.bitcoin.com

Huobi Announces Plans to Become EOS Block Producer

Chinese crypto exchange Huobi Pro announced plans yesterday to become a block producer on the EOS blockchain. Currently the world’s fourth largest crypto exchange with $2.3 billion in daily volume, Singapore headquartered Huobi becomes the latest to embrace the EOS ecosystem.
Read more: www.newsbtc.com

Binance Labs Leads $30 Mln Fundraising Round For New Privacy-Centered Cryptocurrency

Binance Labs leads a $30 mln fundraising round for new cryptocurrency MobileCoin, which reportedly could “enjoy priority consideration” for Binance listing.
Read more: cointelegraph.com

Chinese Police Seize 600 Computers Used To Mine BTC In Tianjin

Chinese police have seized 600 computers used to mine Bitcoin in Tianjin, after the local grid operator reported irregular electricity usage.
Read more: cointelegraph.com

More sources:

Bill Allowing Residents To Pay Taxes In Crypto Passes Arizona House Committee

The Rules Committee of the Arizona House of Representatives has passed SB 1091, a bill that would allow state residents to pay their taxes with cryptocurrencies.
Read more: cointelegraph.com

More sources:

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thank you - a nice overview... 😊 @peekbit

From today's ZeroHedge article titled Bitcoin Tumbles Back Below $9,000 As Crypto Gets Clobbered:

2018-04-25_8-01-55 ZeroHedge

@penguinpablo, I find this plot type useful (if the resolution were such that it's readable). Do you happen to know what utility makes them?

Amazing how one day we are all rocking and rolling and then the next day big dump. I want to start getting more aggressive using CDP to pay some bills without liquidating my stacks but not when the Ethereum continues to have $100 dumps in a day.

Can we just have some up days and then a flat consolidation day for once hah.

I'm so excited to see the crypto markets on the move up finally and I'm hoping the trend continues! I really do love the Steem platform and can appreciate that other platforms are picking it up. Mainstream adoption will help get the word out to people that don't know about it. Great update with tons of good info!
Ivy

steem is doing very well yippe

Im really excited for tomorrow🤗What do you mean saying that markets are retreating?🤔

Its good to see Steem is back in the top 30 crypto and doing even better than other currencies. Nice info @penguinpablo

A new of so much shit that you can not buy Steem with Fiat?
I think what we need is an exchanger that changes direct without so much spending jumping from exchange to another exchanger and currency to another currency left currency in each to buy Steem the same with bitshares solution to that is that we need is my opinion

Really Great news for us Because The cryptocurrency markets made a retreat today.

@penguinpablo share great news today

Thanks for the update. I watch for it every day.