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:

• Bitcoin Price Refuses to Drop Below $6,500

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:

• Gemini Exchange to Offer Cryptocurrency Block Trading

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:

• Leading US cryptocurrency marketplace Coinbase steps up efforts to expand business
• Coinbase Engages SEC about Turning into a Regulated Brokerage: Report

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:

• Golem Arrives: One of Ethereum's Most Ambitious Apps Is Finally Live

'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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