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Daily Crypto Roundup 1/9/2019

Today in the crypto space, bitcoin revealed bullish sentiment, a security firm investigated the recent ethereum classic hack and Tron hired a former Securities and Exchange Commission (SEC) employee. Qtum also introduced atomic swaps and Bill Miller commented on Ripple.

Catch the details on today’s action:

Bullish Sentiment For Bitcoin Is At A 5-Month High

A CoinDesk report today showed positive chart sentiment regarding bitcoin. “The ratio of long-to-short positions placed on bitcoin (BTC) has reached its highest level in over five months on cryptocurrency exchange Bitfinex,” the media outlet noted.

CoinDesk also noted the presence of an inverse head and shoulders price chart formation, a bullish pattern possibly giving bitcoin bears a reason to question further downward prices.

Read on CoinDesk

Security Firm Asks Exchanges To Help It Find Ethereum Classic ‘Attacker’

SlowMist, a chinese security operation, recently released a Medium article which stated pertinent information regarding the recent ethereum classic (ETC) hack.

According to a CoinDesk report on the subject, SlowMist’s Medium post noted three specific wallet addresses and four transaction hashes responsible for the network reorganization hacks, leading to double spend activities.

SlowMist reportedly is still on the hunt to find locations associated with the mentioned addresses. The ethereum classic team is currently working with SlowMist to further investigate the situation.

Read on CoinDesk

Crypto Platform Tron Hires Former SEC Attorney As First Chief Of Compliance

According to a press release today, CoinTelegraph reported Tron has picked up a new employee to head up the project’s compliance division.

A former U.S. Securities and Exchange Commission (SEC) supervisory attorney, David Labhart joined the Tron team under the job title of chief compliance officer and co-general counsel.

Read on CoinTelegraph

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