Top five stories from the last week
| Don't Miss The Top Five Stories From The Last Week Google Reverses Crypto Ad Ban, Allows Crypto Exchanges In Japan, US To Advertise
What happened?
The U.S. tech giant Google is set to update its ad policy in October, re-allowing registered cryptocurrency exchanges located in the U.S. and Japan to advertise.
What does it mean?
According to the official announcement, starting in October, Google will allow registered cryptocurrency exchanges to advertise on its Google Adwords platform, targeting the U.S. and Japanese audiences. The announcement notes that advertisers will need to be certified with Google in the country where the ads will be launched. Get more details here.
BitTorrent 'Project Atlas' Integration With TRON Moving Forward
What is this all about?
TRON updates community on BitTorrent integration, plans hybrid content sharing ecosystem, using its TRX token.
How did the TRON CEO comment on this?
"We aim to eventually empower all content creators and their communities by eliminating the middleman and enabling content creators to distribute directly to users," TRON CEO Justin Sun commented. Read more here.
Tom Lee: Ethereum Will 'Rally Strongly' up to $1,900 by the End of 2019
What happened?
In a note to clients of Fundstrat Global Advisors, Lee noted the "overly negative" sentiment on the Ethereum market, which he says will be the basis for its strong rebound in the near future and "trend reversal and rally strongly," up to $1,900 per token by the end of 2019.
What did he base this on?
In his prediction, Lee has referenced the historical performance of Ethereum, citing that the times when the altcoin "underperformed peers by two standard deviations," the price trend saw a subsequent reversal. Read more here.
Coinbase Announces New Listing Process For Digital Assets
What is this all about?
Cryptocurrency exchange Coinbase has announced a new process that will allow it to list more digital assets faster.
How would that work?
According to Coinbase's announcement, the new process refers only to digital assets that are compliant with local law, which means that certain assets listed on the platform may only be available to customers in particular jurisdictions. Read more here.
Winklevoss' Crypto Exchange Gemini Eyes Entrance Into UK Market
What is this all about?
Tyler and Cameron Winklevoss, creators of U.S.-based cryptocurrency trading platform Gemini, are looking to expand the platform to the U.K. market.
How did the Winklevosses comment on this?
"[We] continue to explore potential jurisdictions around the globe to provide a best-in-class digital asset exchange and custodian which will enable growth and infrastructure to the entire digital asset community," the firm itself is quoted on record by the FT. Get more info here. | | | | |
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