News 

Egypt’s Central Bank Conducting ‘Feasibility Studies’ Around Digital Currency Issuance

The central bank of Egypt wants to introduce a digital version of the Egyptian pound to reduce costs, local English language news outlet Amwal Al Ghad reported Dec. 16. Ayman Hussein, sub-governor of the Central Bank of Egypt (CBE), told an Abu Dhabi conference on Sunday that “feasibility studies” were currently ongoing. In line with various authorities in the vicinity, Egypt believes a blockchain-based digital version of its fiat currency can help keep issuance and transaction costs to a minimum compared to coins and banknotes, Amwal Al Ghad notes. The…

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hong kong regulation 

Hong Kong Regulators Set to Tighten Cryptocurrency Laws

Asia is currently one of the most regulated continents on the planet in terms of cryptocurrency laws. Hong Kong is the latest Asian nation that is set to tighten crypto laws on traders and exchanges. The Hong Kong Securities and Exchanges Commission (SFC) is looking to tighten the current cryptocurrency laws as concerns over crypto-crime and money laundering heighten across Southeast Asia. Tightening Less-Stringent Cryptocurrency Laws Hong Kong’s current stance on cryptocurrency is one of the least stringent in the region, which is a stark contrast to the more hardline…

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News 

EOS, Binance Coin, TRON, Litecoin, Bitcoin

In December 2017, the market participants were eagerly waiting for the total crypto market capitalization to touch $1 trillion. Fast forward to December 2018, and the total market capitalization is struggling to hold on to the $100 billion mark. This shows the complete change in sentiment in the past one year: last year, it was fear of missing out and this year it is fear of losing all the money invested in cryptocurrencies. During extremes of the bull or the bear phase, the markets overshoot and undershoot the technical targets…

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News 

Crypto Anarchist Manifesto Author Tim May Dies of Natural Causes, Report

Cypherpunks co-founder Timothy C. May has reportedly died of natural causes, a Facebook eulogy posted by cypherpunk Lucky Green stated Dec. 15. In his social media post, Green informed: “Word has reached me that my dear friend, co-conspirator in many things and for many years, fellow Freedom Fighter Tim May passed away earlier this week at his home in Corralitos, California.” May is the author of “The Crypto Anarchist Manifesto,” published in 1992, in which he seemingly predicted some elements of currently existing decentralized cryptocurrencies: “The State will of course…

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bitcoin Bitcoin Opinion Donald Trump Mick Mulvaney regulation sec United States 

Bitcoin “Not Manipulable by Any Government”

This week, following the scheduled leave of John F. Kelly, United States President Donald Trump has chosen the pro-Bitcoin Mick Mulvaney to serve as the acting White House Chief of Staff beginning 2019. According to the Washington Post columnist Matt O’Brien, Mulvaney has been vocal about his support of Bitcoin (BTC) and in a speech covered by Mother Jones praised the decentralized nature of Bitcoin as a consensus currency. In 2016, Mulvaney reportedly said that the Federal Reserve “effectively devalued the dollar” and emphasized that the exercise of such control is…

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News 

All Top Cryptos See Gains, Bitcoin Nears $3,300

Sunday, Dec. 16: the top 20 cryptocurrencies are all in the green, seeing a mix of slight to solid gains, with Bitcoin (BTC) hovering over $3,200. Market visualization from Coin360 At press time, Bitcoin is up a little less than two percent over the last 24 hours. On the weekly chart, the current prices are slightly higher than the lowest point, registered on Dec. 15. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP), the second largest cryptocurrency by market capitalization, gained over two percent in the last 24 hours. It…

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0x Altcoin News dex Exchanges Hydro Tian li 

Hydro to Fork Coinbase-Listed 0x (ZRX), Get Rid of Crypto Token

The Hydro Foundation has announced its decision to fork the 0x (ZRX) protocol. In a statement signed by CEO Tian Li, who is also the CEO of Ethereum DEX platform DDEX, the company revealed that even though 0x has contributed greatly to the growth of DDEX into one of the largest decentralized exchange (DEX) platforms on Ethereum, the strategic focus of the project has become bogged down by a series of wide-ranging endeavours, while the basic processes underlying the DEX are still plagued by rudimentary problems like low liquidity and order collision….

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