Libra Association appoints CEO / NYDFS grants first BitLicense of 2020 / Crypto Masterclass

Inside Cryptocurrency .

Inside.com Part of   Network May 06, 2020

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Hey everyone! 👋 Welcome to today's newsletter. Here's a quick summary of our top stories: NYDFS grants first BitLicense of 2020 (feature available to premium readers only). Crypto Masterclass, featuring Pantera Capital CEO Dan Morehead (feature available to premium readers only). TokenAnalyst is closing its doors. Just a quick reminder: If you subscribe to our premium content, you'll receive Inside Cryptocurrency ad-free five days a week, along with features like our daily Masterclass, interviews with crypto experts, and the latest studies and reports on crypto. Right now, we're offering 50 percent off of our monthly plan (only 25 slots left!) if you use the promo code Crypto50. Click here to upgrade to premium! Best, Rebecca

Market Watch Bitcoin has finally broken the $9,000 mark as we enter mid-week trading. Most coin prices are in the green today, with lesser-known altcoin ReddCoin leading the way with a jump of over 60 percent in 24 hours. Bitcoin $9,240 +3.92% Ethereum $211 +2.95% XRP $0.222 +2.54% Tether $1.01 +0.05% Top 100 Winner: ReddCoin $0.001 +62.51% Top 100 Loser: Hyperion $0.440 -36.09% Prices are as of 3:35 p.m. ET.

HSBC legal chief appointed as Libra Association CEO. The Libra Association has named its first CEO... To find out more, sign up for Inside Crypto Premium. Simply use the code Crypto50 to get 50 percent off. Click here to upgrade to premium! SUBSCRIBE NOW TO FIND OUT MORE

NYDFS grants first BitLicense of 2020. Five months in and the NYDFS has issued its first BitLicense of the year to crypto exchange operator... To find out more, sign up for Inside Crypto Premium. Simply use the code Crypto50 to get 50 percent off. Click here to upgrade to premium! SUBSCRIBE NOW TO FIND OUT MORE

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Crypto Masterclass, featuring Dan Morehead. Our Crypto Masterclass feature showcases a well-known thought leader or expert in the crypto space, including their visions and advice for the future. "Bitcoin could hit $115,212 in Aug 2021 based on the change in the stock-to-flow ratio across each halving." Turning his attention to when Bitcoin has bottomed, Morehead points out that this has historically happened 459 days before a halving, climbed leading into it, and then risen afterwards. The post-halving rallies have averaged... To find out more of Smith's views and receive our Masterclass every day, sign up for Inside Crypto Premium. To take advantage of 50 percent off on monthly plans, simply use the code Crypto50. Click here to upgrade to premium! SUBSCRIBE NOW TO FIND OUT MORE

Dutch central bank wants crypto services to register by May 18. The De Nederlandsche Bank (DNB) has issued a notice informing fiat-supporting crypto service providers that they must register with it by May 18. To find out more, sign up for Inside Crypto Premium. Simply use the code Crypto50 to get 50 percent off. Click here to upgrade to premium! SUBSCRIBE NOW TO FIND OUT MORE

Blockchain market intelligence firm TokenAnalyst is closing its doors. In an announcement, the platform said that it would no longer be supporting the TokenAnalyst platform or its APIs; however, some team members will be joining crypto exchange Coinbase. Founded in 2018, the aim of TokenAnalyst was to provide insights and analyst tools aimed at enterprise companies. While the team won't be actively working on the site anymore, it did say that they will continue posting research on their blog, as well as insights on their Twitter page. TOKENANALYST/MEDIUM

Bittrex Global to launch an exchange token in June. The Liechtenstein-based exchange said that it will be listing the Bittrex Global Exchange Token; however, further details aren't available at the time of publishing. More: One user on Twitter, responding to the news, questioned why the platform couldn't have done this two years ago when it was losing their market share. Bittrex Global said that it was unable to because of "regulatory restrictions." The organization has also indicated that its token will be unavailable to those in the U.S., similar to its website. @BITTREXGLOBAL2/TWITTER

This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three.  Editor Beth Duckett is a former news and investigative reporter for The Arizona Republic who has written for USA Today and other publications.

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