🗞 Daily Crypto News, December, 12th💰

  • Gibraltar Blockchain Exchange To Offer Crypto Insurance ;
  • Saying Goodbye to Crypto’s Infant Anarchy ;
  • Crypto-Focused VCs Invest $30 Million in Digital Banking App ;
  • 7 Major Exchanges in Korea Agree on Joint Measures ;
  • Kraken Is Seeking ‘War Chest’ Investment at a $4 Billion Valuation ;
  • 📑 Daily Crypto Calendar, December, 12th💰
  • STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Gibraltar Blockchain Exchange To Offer Crypto Insurance

The Gibraltar Blockchain Exchange (GBX) will begin providing insurance for digital assets stored on its platform, according to a December 10 announcement on the exchange's website.

Per the announcement, the GBX has finalized the drafting of an insurance policy in collaboration with Gibraltar-based Callaghan Insurance, which will be responsible for administering the policy.

🗞 Saying Goodbye to Crypto’s Infant Anarchy

When our children were small, we would take them to a local Mexican restaurant that had an upstairs dining room specially reserved for families with young kids. Entering that dining room was entering a cacophony of crying babies and screaming toddlers, with 40-inch tall humans running amok, perilously circumventing waiters and hiding under tables to evade parental clutches.

Given that our own daughter liked to drink salsa right out of the dipping bowl, while our son typically landed more guacamole on the floor than in his mouth — we loved it. It was meant to be anarchy.

🗞 Crypto-Focused VCs Invest $30 Million in Digital Banking App

Good Money, a digital banking startup, has announced it’s raised $30 million in Series A funding. The round was led by Galaxy Digital with investments from Breyer Capital, Blocktower Capital, Boost VC, Ken Howery, Blockchange Ventures, Cross Culture Ventures, Troy Carter, Mitch Kapor, Peter Diamandis, Blake Mycoskie, Justin Rosenstein and others.

🗞 7 Major Exchanges in Korea Agree on Joint Measures

Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. Meanwhile, the Korean government is working on institutionalizing crypto exchanges.

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Kraken Is Seeking ‘War Chest’ Investment at a $4 Billion Valuation

Crypto exchange Kraken is on a fundraising drive, offering “select” investors a chance to purchase stakes in the firm.

The firm’s CEO, Jesse Powell, confirmed to CoinDesk that his company is looking to tap a small number of clients for a fundraising round valuing the firm at $4 billion.

“There is presently a limited time opportunity available to a very small, select number of clients to purchase Kraken shares” at a $4 billion valuation with a $100,000 minimum, he told CoinDesk via email.

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📑 Daily Crypto Calendar, December, 12th💰

  • LUXCoin (LUX)

Luxcore team members will be featured in a spot for InnovateTV, which will have its first airing in the United States on the History Channel...

  • Bitcoin (BTC)

Bakkt BTC/USD daily futures contract begins trading.

  • Ethereum Classic (ETC)

ETC Labs December Meetup December 12 from 6-9 PM PST in San Francisco, CA.

  • Vexanium (VEX)

"This strategy is one of Vexanium strategies where VEX earned in November – early December 2018 will enter the third phase of Token Frozen."

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

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Here is the current chart :

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We will test soon the resistance line created by the previous low. It is the same scenario since weeks now. Each time we broke lows and made lower lows... Let's see what will happen this time but yeah the chart is still very bearish and no one knows where it will stop. If people want invest in the Steem, I would suggest them to wait that we have some bull signals. You will perhaps miss the early start of the bounce but at least you won't buy something which can continue drop during 1 year...

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