Coinbase CTO Departs / Fidelity Crypto Trading / Buffett Not a Crypto Fan

Inside Bitcoin presented by Melissa.

Presented by Subscribe | View in browser $BTC (4:00 p.m. EST): $5,788.07 (0.19%) // 90-day high: $5,886.89 // 90-day low: $3,391.02 / / More… $BCH ABC (4:00 p.m. EST): $292.51 (-0.78%) // 90-day high: $342.87// 90-day low: $111.84 // More… $ETH (4:00 p.m. EST): $174.37 (7.02%) // 90-day high: $184.38 // 90-day low: $102.93 // More… $LTC (4:00 p.m. EST): $76.00 (-0.57%) // 90-day high: $97.50 // 90-day low: $32.54 // More… $XRP (4:00 p.m. EST): $0.30 (0.39%) // 90-day high: $0.37 // 90-day low: $0.28 // More…       1. Coinbase Chief Technology Officer Balaji Srinivasan has departed the firm one year after Coinbase acquired his company, Earn. Srinivasan's departure is a big blow to Coinbase, which spent over $100 million to acquire Earn acqui-hire its key executives. He's the fourth top executive to leave Coinbase in the past six months. Srinivasan was reportedly unhappy that he was not given enough freedom within the organization and had differing visions of the product roadmap. -COIN TELEGRAPH       2. A judge has ordered the self-proclaimed Satoshi Nakamoto, Dr. Craig Wright, to produce public bitcoin addresses of the bitcoin he held as of December 31, 2013. Wright is accused of misappropriating the funds of his partner, Dave Kleiman, who passed away in 2013. Wright has claimed to be the inventor of Bitcoin, Satoshi Nakamoto, and the revealing of his bitcoin balances as of 2013 could tell the real story if the numbers align-- Nakamoto's net worth was upwards of $19 billion as of December 2017. -COIN TELEGRAPH       A MESSAGE FROM BRAVADO TRADING Is the Bitcoin bottom in? Download the FREE Analysis Navigating the crypto space is tough, but our team of traders and investors can do a lot of the heavy lifting for you when you join our community. Start by downloading our free Bitcoin bottom analysis, detailed with charts & other imagery and see exactly what we predict Bitcoin is going to do. 3. From the Forums: Reddit user TheCapitalR snapped this picture of his Uber driver trading bitcoin on Robinhood while waiting at a red light. As the folks at r/bitcoin said, this driver apparently has a side hustle for his side hustle. Another good line came from saggy777 who simply wrote, "It's gonna CRASH!!"       4. Fidelity will start trading cryptocurrencies in a few weeks. Fidelity Digital Assets will initially target institutional investors and not retail investors for the new business. The company is not offering cryptocurrencies other than bitcoin at this point, but has a plan to roll out a service for Ethereum in the near future. Fidelity's bitcoin trading service joins its bitcoin custody and over-the-counter trading service which has been live since the beginning of the year. -BLOOMBERG       A MESSAGE FROM MELISSA Are you addressing the elephant in your business? Ignoring it can cost 10-25% of revenue. The best way to deal with the elephant that takes up residence in every business – name it and tame it! Bad data is bad for business – and it only grows bigger. Melissa can help with address and data verification APIs to keep valuable customer data clean and standardized. Address the elephant today and we'll throw in a free pair of Elephant socks! Sign up for a demo account 5. Facebook acquired a "Libra" trademark for its cryptocurrency project from a cryptocurrency startup that was focused on taxes. -THE BLOCK CRYPTO 6. One wallet address is responsible for over 50 percent of Bitcoin Cash transactions receiving $22,763.06 and sending $21,546 worth of BCH. -COIN TELEGRAPH 7. Billionaire investor Warren Buffett is still not a fan of cryptocurrencies; he calls bitcoin a "gambling device with a lot of frauds connected to it." -CNBC 8. Bluewallet has launched an app that allows you to receive lightning network transactions on an Apple Watch through a generated QR code. -COIN DESK 9. Maryland's governor signed a bill into law that allows for private corporations to enable the use of blockchain technology for record keeping like stock ledgers and records of issuance. -DASH NEWS 10. Nobel-Price winning economist, Joseph Stiglitz, stated that cryptocurrencies shut be shut down. -CNBC       Written and curated by Darren Webb. He created Currencylists and has worked in marketing roles for a multitude of cryptocurrency and blockchain projects since 2014. Based in NYC, Darren loves to read and continue to learn about cryptocurrency and emerging technology in his spare time. You can find him on Twitter @Dwebbny. Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside); Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram); and David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).

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