Here’s what you need to know on Friday
BTC/USD is currently trading at $9716 (+1.50%), remaining at risk underneath the $10,000 price mark.
ETH/USD is currently trading at $266 (+4.50%), critical support at $250-40 remains intact, as part of the double top, the neckline area.
XRP/USD is currently trading at $0.2760 (+2.50%), vulnerabilities remain underneath $0.3000.
Among the 100 most important cryptocurrencies, the best of the day are ALGO $0.45345 (+22.55%), LRC $0.047042 (+17.49%) AION $0.134455 (+13.75%) The day’s losers are MANA $0.055078 (-11.42%), ABBC $0.118961 (-9.30%), LSK $1.53 (-5.25%).
Chart of the day: BCH/USD weekly chart (Evening star formation proving to be problematic)
IOTA is continuing to release new information in response to a Feb.12 hack on its official wallet.
According to a status update, the IOTA Foundation strongly recommends users of the Trinity Wallet to immediately change their passwords and use the seed migration tool to protect their assets. Trinity users who opened or updated their wallets between December 17th, 2019 and February 18th, 2020 may be vulnerable.
The Cardano (ADA) distributed ledger technology (DLT) project has successfully carried out the Ouroboros Byzantine Fault Tolerance (OBFT) hard fork, a huge milestone that lays a solid foundation for the launch of Shelley, according to a tweet on February 20, 2020.
The Malta Financial Services Authority (MFSA) claims that it has never approved major cryptocurrency exchange Binance to operate in the country. The MFSA issued a public statement, stating that Binance “is not authorized by the MFSA to operate in the cryptocurrency sphere.” The agency outlined that recent media reports referred to Binance incorrectly as a “Malta-based cryptocurrency firm,” while the exchange “may not fall within the realm of regulatory oversight.”
Belgium’s Financial Services and Markets Authority (FSMA) has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity. The FSMA made the update following a number of complaints from Belgium-based users who dealt with fraudulent offers of investment in digital currencies, according to a Feb. 21 announcement. After the latest revision, the FSMA’s list now includes a total of 141 websites offering cryptocurrency-related services.
The Organization for Security and Cooperation in Europe (OSCE) conducted a training course on combating dark web-facilitated crime. Law enforcement representatives from Central Asian countries were taught how the darkweb and cryptocurrencies function, in order to better combat drug-related crime.
Fidelity International has invested $14 million in Hong Kong-listed digital asset firm BC Group. The funding form the arm of US asset manager Fidelity Investments, which claims to have 23 million retail accounts, is part of a $36 million round that the public technology startup raised earlier this month in a share placement.
Quote of the day
Bitcoin is actually digital real estate, but i don’t have time to try to convince you, sorry