Today, in #crypto-news, there were big bumps, hiccups, and alakazams. Here's the lowdown, from the Bitcoin rally that didn't happen to who's sitting on the ICObench.
Crypto-News
Bitcoin fans have been screaming for a tax day rally for weeks now, but it didn't happen. CNBC tells you why: https://www.cnbc.com/2018/04/17/bitcoin-tax-day-rally-is-apparently-not-happening-as-price-drops.html
New York is asking 13 cryptocurrency exchanges for information on their operations. https://www.coindesk.com/binance-bitfinex-new-york-launches-inquiry-13-crypto-exchanges/
#newyork #CoinDesk #crypto-exchanges #cryptocurrency-exchanges
Coinbase hired a hedge fund executive to be its CFO: https://www.cnbc.com/2018/04/18/coinbase-nabs-hedge-fund-executive-alesia-haas-to-join-it-as-cfo.html
The Bitcoin whales jumped high and dumped $100 million of #crypto within 24 hours. But what did that do to the market? https://www.marketwatch.com/story/bitcoin-whales-dump-100-million-of-digital-currency-in-24-hours-2018-04-17
Naviaddress raised over $16 million on #Chaineum: https://www.crowdfundinsider.com/2018/04/132104-naviaddress-ico-nabs-over-16m-on-chaineum/
#naviaddress #crowdfundinsider
Over in the #UK, Cambridge Analytica was planning to create a cryptocurrency when their brouhaha with #Facebook erupted: http://thehill.com/policy/technology/383599-cambridge-analytica-sought-to-create-a-digital-currency-reports
And #Telegram is getting sneaky using Bitcoin to get around Russia's app ban. https://www.coindesk.com/telegrams-ceo-using-bitcoin-help-bypass-russian-ban/
Crypto-Analysis
The best read of the day is this analysis of ICObench's ICO market review: https://coincentral.com/fascinating-findings-from-icobenchs-ico-market-review/
Bloomberg follows that up with ways to make sense of cryptocurrency valuations. https://www.bloomberg.com/view/articles/2018-04-17/how-to-make-sense-of-cryptocurrency-valuations
You don't want to miss the seven facts to check before you #invest in a new cryptocurrency. https://due.com/blog/7-facts-to-check-before-investing-in-a-new-cryptocurrency/
A former Goldman Sachs #executive explains why she jumped over to the blockchain ship: http://www.businessinsider.com/goldman-sacs-executive-joins-blockchain-startup-crypto-bitcoin-2018-4
#GoldmanSachs #businessinsider
Finally, #cryptovest tells whether China will loosen its grip on cryptocurrency #regulation. https://cryptovest.com/news/will-china-loosen-its-grip-on-cryptocurrencies/
There's plenty more cryptocurrency and blockchain #news from around the world at Blockchain Times. See it all right here: http://blockchaintimes.io/2018/04/18/wednesday-april-18-2018-daily-news-digest/
As usual, I am not compensated nor do I have stake in any of the companies listed in this post. I am a paid #editor at Blockchain Times.