Crypto News from Coinzy - February 28, 2019 AM

Coinzy Morning Edition

View this email in your browser Send to a Friend Here's Your Morning Crypto News for February 28, 2019 Square Brought in Over $166 Million Through Bitcoin Sales Last Year The company filed its financial results for Q4 2018 with the U.S. Securities and Exchange Commission (SEC) on Wednesday, disclosing that it made overall net revenue of $3.3 billion last year, 5 percent of which came from the cryptocurrency buying service within its Cash App. Tron Price Prediction: TRX Is Trading Inside a Descending Triangle, When Will the Breakdown/Out Occurr? A look at the weekly chart for TRX/USD shows that price is currently trading between the 21 and 50-period moving averages at $0.0245. China Rates TRON as the 2nd-Best Cryptocurrency: What's Behind the Optimism? As Bitcoin (BTC) struggled in late-2018, headlines plastered on the world's largest business news outlets accentuated that the cryptocurrency space lost hundreds of billions in value. While many cynics argue that this collapse was catalyzed by a similar decline in underlying fundamentals, pundits argue that by many measures, the crypto and blockchain space is just as strong as ever. Report: Singapore's Wealth Fund GIC Among Those to Raise $300 Mln for Coinbase in 2018 Singapore's Government Investment Corporation (GIC) was reportedly one of the investors to have helped raise $300 million for major United States crypto wallet provider and exchange service Coinbase in 2018. Bloomberg reported the news on Feb. 28, citing anonymous sources familiar with the matter. Access to Thousands of Institutions: Gemini Crypto Exchange Partners With British Telecom Winklevoss brother's crypto exchange Gemini has recently partnered with the financial and infotech services arm of British Telecom in a deal that will open the doors to thousands of exchanges, brokers and fintech institutions. India: Blockchain Solution Curbs Spam Phone Calls and Messages Indian IT solutions and services company, Tanla Solutions, has launched a blockchain-powered commercial communication solution to help users avoid fake and spam calls and messages. This according to a report by BusinessLine, February 26, 2019. 'Lightning Torch': Who Will be the Next after Fidelity Investments and LinkedIn Co-founder Similar to the Olympic Flame, the Lightning Torch has gained considerable publicity since it began in January, involving the likes of Twitter CEO Jack Dorsey and Blockstream CEO Adam Back. Japan: Reported Cases of Crypto-Related Money Laundering Increase 10-Fold in 2018 More than 7,000 cases of suspected money laundering tied to crypto were reported to Japanese police in 2018, a more than tenfold increase from the 669 cases over a nine month period during the previous year. The news was reported on Feb. 28 by local English-language daily The Japan Times. Share Tweet Forward Copyright © 2019 Coinzy, All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: Coinzy 2417 Main Street Suite 139 W Kelowna, BC V4T 2H8 Canada Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. Important Disclaimer: The information contained in the Coinzy.com daily newsletters is gathered from third-party sources and is provided for informational purposes only. Nothing posted in the Coinzy newsletter or on the Coinzy.com website is intended to be an endorsement of any company, organization, or investment. We are in no way providing investment advice or recommendations on investments.