Cryptocurrency exchanges are navigating uncharted waters, but new regulatory guidelines could help these businesses reach land. The two leading U.S. regulators, the SEC and Financial Industry Regulatory Authority (FINRA), have released a joint statement on broker-dealer obligations for digital assets, clarifying some of the rules that apply to cryptocurrency exchanges.

Are you getting bored of your 9-5? Ripple Labs is hiring….but you might need to relocate. Faced with increased competition from the likes of Facebook and JPMorgan, the company behind XRP is seeking new talent in its quest to dominate the international settlements game.

SIMETRI Research, an institutional-grade digital asset evaluation product created by the research team at Crypto Briefing, will be added to CoinMarketCap – the largest crypto-focused website on the planet with over 78 million views per month.

ShapeShift has had an interesting year. The last time Crypto Briefing covered them, the Denver-based company had tussled with the Wall Street Journal before introducing a  soon-to-be mandatory membership program.

The non-custodial exchange had always prided itself for its anonymous peer-to-peer trading platform, but as of last October, users must now provide know your customer/anti-money laundering (KYC/AML) data.

The USD Coin (USDC) is an open-source cryptocurrency stablecoin with a value tied to the US Dollar. It was launched in 2018 and is backed by the CENTRE Consortium, a partnership between Circle and Coinbase, two well-funded and well-known cryptocurrency brands.

EOS is just over a year old, but it has rapidly risen to prominence as one of the leading platforms for developing distributed applications. Unlike proof-of-work blockchains like Ethereum, EOS has a slightly different model: the system relies on 21 high-powered block producers to drive its network, providing maximum efficiency and performance speed.

One of the world’s leading financial trading firms says that clients have become more interested in cryptocurrency, ever since Facebook announced its entry into the space.

CMC Markets, which has approximately 80,000 clients worldwide, says it has seen the number of inquiries about digital assets increase significantly since about mid-May.

Institutional investors have long been considered a key ingredient in the recipe for bitcoin’s mass adoption. However, they are also considered the least likely to gamble on a product as unpredictable as cryptocurrency. According to popular belief, hedge and pension funds would hold back from crypto investment products, until the volatility notoriously associated with virtual currencies mellowed.

Oddly enough, these investors came to crypto right as volatility began to increase.

• ICON has a bullish short-term bias, with the cryptocurrency moving back above its 200-period moving average on the four-hour time frame
• The four-hour time frame still shows the presence of a bearish head and shoulders pattern
• The medium-term time frame is neutral, with the ICX / USD pair trapped within a sideways price channel

ICON is gaining bullish momentum in anticipation of the launch of staking on its network.

• Monero has a bullish short-term trading bias, with the XMR / USD pair recovering back above its 200-period moving average on the four-hour time frame
• The four-hour time now shows the presence of a bearish head and shoulders pattern.
• The daily time frame shows an extremely large inverted head and shoulders pattern

Monero has a bullish short-term outlook, with the cryptocurrency recovering back above its 200-period moving average on the four-hour time frame.