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CriptoHub and Crypto Fever in Brazil

CriptoHub is a game changer, set to capitalise on Brazil’s Crypto Fever
Cryptocurrency has been growing in popularity by the day, and the latest country to feature sky-high growth in demand for this currency is the beautiful South American country of Brazil. As of end of year 2017, there were as many as 1.4 million Brazilians trading in cryptocurrency, investing $10billion a month on cryptocurrencies.

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CriptoHub aims to capitalise on this rising enthusiasm by launching its cryptocurrency exchange – based on cutting-edge technology – for the Brazilian market.

The Brazilian crypto market – positive regulation

Crypto has caught the people’s imagination in Brazil, and this is evident from the way the country has been building its supporting infrastructure to facilitate the unparalleled growth in demand for cryptocurrencies. One such development is the launching of the Brazilian Association of Cryptocurrencies and Blockchain (ABCB), which is aimed at facilitating the creation of legislation that will help the country progress, and capitalise on its crypto fever.

The underlying principle behind this initiative, among others, is to formalise the world of cryptocurrencies by forming a process for coordinating with government bodies and institutions about crypto trading. This is a big step in the right direction, since consumer-driven growth is hampered when there is no legal framework to support it.

CriptoHub – capitalising on demand and user needs
Along with the rise in the number of people who are keen on cryptocurrencies, there is an increasing diversity among individuals showing interest in the phenomenon. For instance, it was earlier thought that only the technologically savvy young crowd were keen on investing in cryptocurrencies. That has changed today, with CriptoHub committed to make investing in cryptocurrencies a democratic endeavour that is inclusive of all sections of the society, and not just for the technologically savvy alone.

Further, the current demand for cryptocurrencies in Brazil is not matched by an equivalent supply, since there are quality issues with the current crypto exchanges in Brazil. Issues such as scalability, not being abreast with times in terms of technological knowhow and advancement, and the need for greater agility in terms of withdrawals necessitate the introduction of high quality services in the Brazilian crypto market.

Trust in crypto
To overcome the existing trust deficit caused by issues with the current crypto exchanges in Brazil takes unrelenting commitment to building high quality systems and processes, and promoting trust in CriptoHub’s brand value. The CriptoHub Coin (CHBR) runs on Ethereum ERC20 technology, which is the cutting-edge platform currently available. CriptoHub brings in instant scalability and security to users, essentially revolutionising the very definition of crypto exchanges in Brazil.

This trust is further enhanced by the strict audit requirements adhered to by CriptoHub – the exchange will publish bi-annual reports that are audited by international external auditors. This will not only ensure compliance to the high standards as detailed in CriptoHub’s whitepaper, but will also introduce the much needed trust for Brazilian crypto enthusiasts to demonstrate safety and security of their funds.

The CriptoHub advantage for domestic growth
The global markets have seen enormous growth in the value of cryptocurrencies. For instance, Binance was the fastest unicorn start-up that became the largest exchange in the world in just seven months. The CriptoHub exchange aims to replicate this success on the domestic arena, creating a system that delivers efficiency and results for the Brazilian crypto enthusiasts looking to maximise their value through a trusted system.

Introducing versatility to Brazil’s crypto fever
CriptoHub aims to be Brazil’s best cryptocurrency exchange – it aims to achieve this by broadening the options available for Brazil’s cryptocurrency users and traders. Some of the existing crypto exchanges in Brazil are far too restricted in their trading options, with many of the leading names operating with just two or three cryptocurrencies available within them.

This indicates a clear potential for CriptoHub to make a mark in Brazil – CriptoHub aims to offer as many as 20 crypto assets with their launch in Brazil, which could be a game changer in the country’s crypto landscape. With such high levels of interest and demand, Brazilians certainly deserve more, and CriptoHub wants to provide just the service standards that could make the difference to Brazil’s diverse crypto users.

With growing demand in the Brazilian crypto markets, unmatched versatility, advantages such as scalability and technology, and high levels of commitment to transparency and trust, CriptoHub is set to revolutionise the traditional definition of crypto exchanges in Brazil.



The Rundown


U.S. presidential candidate Michael Bloomberg is proposing rules that will clarify the status of crypto assets within the financial system. Bloomberg intends for these to offer greater government oversight as well as consumer protection. 


Bloomberg has made these statements in his just-published Financial Reform Policy. Although not the first candidate to support crypto regulation, Bloomberg is by-far the most credible given his background in the financial sector. The other candidate, Andrew Yang, recently dropped out of the race.

Bloomberg’s plan states:

Cryptocurrencies have become an asset class worth hundreds of billions of dollars, yet regulatory oversight remains fragmented and undeveloped. For all the promise of the blockchain, Bitcoin and initial coin offerings, there’s also plenty of hype, fraud and criminal activity. Mike will work with regulators to provide clearer rules of the game 

The document calls for establishing consumer protections, clarifying taxation issues, and creating a framework for initial coin offerings by determining which tokens are legal securities. It also calls for the defining oversight rules as well as regulations for banks and financial institutions.14 BTC & 30,000 Free Spins for every player, only in mBitcasino’s Crypto Love Affair! Play Now!

Bloomberg’s proposal, although brief, is notable as the other leading candidates have remained silent on this issue. Frontrunner Bernie Sanders has made no statements about cryptocurrency, nor have Joe Biden or Elizabeth Warren. Pete Buttigeg has only stated that Bitcoin should be “treated as a commodity.”

Donald Trump, the presumed Republican candidate, is openly hostile to cryptocurrency and has made no calls for regulation.


Discussion of blockchain development may be sparse among presidential hopefuls, but the topic will not go away. Other branches of the government have been rapidly addressing the impending wave of crypto adoption. Just last week, Federal Reserve Chairman Jerome Powell discussed Bitcoin before the House Financial Services Committee.

The fact that Bloomberg is willing to address blockchain assets is not surprising. He founded one of the most successful financial companies in modern history which specializes in software and technology. There is no doubt that he is familiar with cryptocurrency’s disruptive potential, and its every growing global reach. 

Notably, should the crypto market recovery continue, more candidates are all but certain to take positions on how the federal government should address blockchain development. Also, there is no doubt that the next president will have no choice but to recognize cryptocurrency as a permanent element of the global economic landscape. In this environment, much more discussion and debate over crypto is certain to take place.

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Crypto Selloff, Bitcoin again below $10K

Cryptocurrency markets had a lousy weekend, especially altcoins. Bitcoin had a 5.18 percent drop to $9800, but it was the best performer. Bitcoin Cash, BitcoinSV, and EOS are falling over 20 percent, and the majority of the leading cryptos dropping over 10 percent.  Ethereum tokens also took a hit, with ZRX(-19.3%), REP(-18.8%)OMG(-18.6%), and BAT(-18.21) among the worst performers during the weekend. Worth Noting that FFT* gained 8-66 percent and also moving strong FUN(+26.19%), POWR(+18.1%), FSN(+24.65%) and MX(+50.4%).

72H Crypto Heat Map

The Market capitalization dropped $28.8 billion during the whole weekend, which represents a 9.31 percent drop. The drop happened with a heavy volume of about $70 billion in a 24H period. As bitcoin was performing better than the rest of the market, its dominance grew to 63-68 percent.

Crypto Market Cap and Traded Volume

Hot News

Craig Wright warns Bitcoin and Bitcoin Cash to stop using the Bitcoin database if they want to avoid a lawsuit, claiming that both may be violating the original terms of the original EULA and MIT license.

“As the creator of Bitcoin, I maintain the sui generis rights to any copy of the database created from Genesis in January 2009. I shall not be relinquishing the ownership. I will be licensing it, and have already engaged in a process.” (Source:

Technical Analysis – Bitcoin

Bitcoin 4H

Bitcoin dropped below $10K on Saturday, and continue doing so on Sunday and Monday’s early morning. In the 4H chart, we can see that the price is approaching the lower side of the ascending channel and that the $9,730 level seems to act as support. Currently, the price is moving below the -1SD Line, in what looks like a descending wedge. Right now, the price is in a support area; thus, we need to observe the resolution of the fight between buyers and sellers to control the movement of the price.  The critical levels to keep are $9,730 to the downside and 9950 to the upside.

SupportPivot PointResistance
9,7309,950 1,068


Ripple 4H

Ripple has been dropping very hard in the last few days, and its price lost 19 percent since its top made last Saturday. Currently, the price went back to the consolidation area, previous to its last run-up.  The $0.274 and $0.266 levels are essential to hold the price. If that does not happen, it would be the end of the bull run of this asset. The price is below its -1SD Bollinger line and the MACD in a bearish phase; thus, it is better to be in the sidelines.

SupportPivot PointResistance
0.26600.2900 0.3000


Ethereum 4H

Ethereum had an incredible run up last week, which drove its valuation from $217 to $288, a 32 percent move up. During the last weekend, it is retracing part of its gains, as it was highly overbought. The price needs to create a bottom to resume the trend from there. Currently, it is moving in the $250 level, under the -1SD Bollinger line, and touching its 50-period SMA.  We see also that the upward trendline still holds. Thus, we still think this is a healthy correction and that ETH still has room to move up. Another break of the $263 level would bring strength to the buyers.

SupportPivot PointResistance
249263 275


Litecoin 4H

Litecoin has dropped hard at the weekend and has erased almost all the gains made in February. The price is moving quite bearish, and now it is entering into what was the consolidation region made at the beginning of February. We have to wait for the price to make a bottom here.  We still maintain the upward bias, as its 200-period SMA is still pointing upward, but the current situation is not. We can see that the bearish candlesticks show a strong volume. Maybe this is a bottoming volume, but, as said, we need to see it create a bottom and the price move to the upper side of the Bollinger bands.

SupportPivot PointResistance
71.375.7 78.4

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We Think 10-Minute Settlement Is Slow but That’s Crazy, Feat. CoinDesk Research’s Noelle Acheson

CoinDesk Head of Research Noelle Acheson joins the Amun State of Crypto crew to discuss the advantages, disadvantages and eccentricities of crypto markets, exchanges, settlement and more.

Listen or subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

In this deep-dive conversation, the group discusses the differences in the market microstructure between the crypto asset industry and traditional capital markets. The guests drew from their experience within traditional capital markets to explain the intricacies of the crypto market micro-structures and price discovery.

Listen or subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

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