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Cryptocurrency and Blockchain News
As cryptocurrencies gain more widespread global acceptance, regulatory bodies around the world have begun to see opportunity in blockchain. Today the Israel Securities Authority (ISA), the country’s official market regulator, advocated for the creation of a state-sponsored, regulated cryptocurrency trading platform.
Hong Kong-based cryptocurrency exchange Coinsuper is reportedly shifting its focus from retail traders to institutional investors. This is the latest example of how regulations and trading volumes moving to OTC platforms are impacting the business strategies of crypto exchanges.
Facebook's crypto team reportedly works in an office off-limits to other company employees
The new Galaxy S10 series smartphones by South Korean tech giant Samsung will apparently have wallet functions for Ethereum (ETH), Bitcoin (BTC) and two other tokens. A Samsung official spoke about the phone’s new features at the Mobile World Congress in Barcelona, Spain on Feb. 25.
“I think it has already hit the bottom, and the bear market is over… For this year, I think Bitcoin will fluctuate between $3,000 and $5,000. The opportunities for market breakthroughs this year include the explosion of the DApp ecosystem, the large-scale application of the Lightning Network, and the three major opportunities for BitTorrent’s 100 million users to enter the cryptocurrency market.
The digital market seems to be attractive to millennials. According to a survey by eToro, in which 1,000 online traders from ages 20 to 65 participated, shows that approximately two-thirds of Millennials participate in online cryptocurrency trading and that they have more faith in such trading than stocks.