? Daily Crypto News, August, 13th?

  • China’s PBOC Says Its Own Cryptocurrency Is ‘Close’ to Release ;
  • SEC Delays Decisions on 3 Bitcoin ETF Proposals ;
  • Brave Browser Sees 1,200% Increase of Registered Publishers Over Year ;
  • XRP Price Crashes by 40% on Beaxy Exchange After Coordinated Sell-Off ;
  • Binance’s Trust Wallet Releases Desktop App for MacOS
  • ? Daily Crypto Calendar, August, 13th?
  • STEEM Trading Update

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

? China’s PBOC Says Its Own Cryptocurrency Is ‘Close’ to Release

The People’s Bank of China is “close” to issuing its own cryptocurrency, according to a senior official.

The bank’s researchers have been working intensively since last year to develop systems, and the cryptocurrency is “close to being out,” Mu Changchun, deputy director of the PBOC’s payments department, said at an event held by China Finance 40 Forum over the weekend in Yichun, Heilongjiang. He didn’t give specifics on the timing.

Mu repeated the PBOC’s intention that the digital currency would replace M0, or cash in circulation, rather than M2, which would generate credit and impact monetary policy. The digital currency would also support the yuan’s circulation and internationalization, he said.

? SEC Delays Decisions on 3 Bitcoin ETF Proposals

The U.S. Securities and Exchange Commission (SEC) delayed making a decision on three bitcoin exchange-traded fund (ETF) proposals Monday.


The ETFs, proposed earlier this year by asset managers Bitwise Asset Management, VanEck/SolidX and Wilshire Phoenix, and filed with exchanges NYSE Arca and Cboe BZX, are all seeking to become the first such investment vehicle based on bitcoin.


The filings were published in the Federal Register in February and June, kicking off the legally-mandated 240-day clock on a final decision.

? Brave Browser Sees 1,200% Increase of Registered Publishers Over Year

The number of publishers using the blockchain-based decentralized browser Brave has increased by 1,200% over the past year, industry-focused news outlet Decrypt reported on Aug. 11.

According to data from BATGrowth — a website that monitors Brave browser adoption — the number of Brave Rewards publishers were 18,931 in July, 2018, while its current number is more than 230,000 at press time.

29,278 website publishers including the Washington Post and Smithsonian Magazine, 17,417 Twitter publishers, 2,917 Reddit publishers, 166,698 YouTube publishers and over 12,000 Twitch publishers use the Brave Reward program.

Earlier in August, Brave announced a feature for tipping content creators on Twitter with its native Basic Attention Tokens (BAT). The announcement also listed a number of features associated with the tipping service, including setting up regularly recurring tips as well as a mechanism for tweeting at a tipped creator to tell them how to claim their donation.

? XRP Price Crashes by 40% on Beaxy Exchange After Coordinated Sell-Off

Newly-launched cryptocurrency exchange Beaxy has suspended trading after some users deliberately crashed the price of altcoin Ripple (XRP). 


XRP/BTC dips 40%


According to a blog post and social media messages, beginning on Aug. 12, Beaxy experienced a sudden surge in XRP trading volumes, with a huge sell-off reducing XRP/BTC to 40% of its price on other exchanges.


“As a result and precaution, we are temporarily halting all trading activity and withdrawals across the exchange as we investigate,” the blog post reads.

XRP/BTC 3-day trade volume on Beaxy

? Binance’s Trust Wallet Releases Desktop App for MacOS

The Binance-owned digital currency wallet, Trust Wallet, has released a desktop application for macOS.


The team behind Trust Wallet announced the development in a tweet today, Aug. 12, also revealing that the wallet will be available in the Mac App Store shortly.


In a series of tweets, Trust Wallet founder Viktor Radchenko disclosed that support for Linux will be launched next week. Radchenko further said that the main challenge for the team now is to port Trust Wallet to Windows, which they have ostensibly not done yet. Radchenko also noted that most desktop crypto users — around 75% — are on Windows.

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? Daily Crypto Calendar, August, 13th?

Bethereum will hold the 10th AMA with the Core Team! The AMA will take place on August 13th at 2pm GMT+2 on our telegram channel.

Bitsdaq Listing

Second mainstream merchant, Phone House, joins UTRUST family.

“Our Bank Account Marketplace is going to be released on Wednesday, August 14!”

“International Conference on Block Chain & Data Science” in Tokyo, Japan from August 14-15.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Today the STEEM still progressed in the direction of the resistance line around 0.21$ but we have been rejected after a touch on the pink mobile line (MMA50). When this mobile line is broken, it means that the trend is reset. The fact that we didn’t break it now can be considered that we are still in bearish trend at short term, even with the last bounce. SO let’s see if we will finish to break it or if the drop will come back.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, August, 12th?

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

? Trump’s Currency War With China Could Be Bitcoin’s Do-or-Die Moment

The global economy faces its biggest crisis in 11 years.


In theory, this should be bitcoin’s moment to shine, a chance to prove itself as an uncorrelated asset immune from political risks. Eventually, that result may bear out. But a rocky road lies ahead – for bitcoiners and nocoiners alike.


Before we do the bitcoin up or down game, let’s dive into why the current situation in global finance is so disturbing.


The Backdrop


It all begun last Monday, when Beijing let the renminbi fall below RMB7.0 to the dollar.
Almost immediately, the U.S. Treasury Department said it would take the rare step of labeling China a “currency manipulator,” a move that, in theory, would give the Trump Administration legal cover to impose punitive sanctions against Chinese. Markets freaked out at the specter of a currency war, a tit-for-tat feedback loop of exchange rate depreciations fueling a destructive downward spiral in trade and growth.


Now, that fear may never play out.

? Justin Sun: Tron’s Listing on Major US Exchange Is #1 Priority

Tron (TRX) founder Justin Sun has said that getting the cryptocurrency listed on the American version of Binance or Coinbase is his company’s number one priority.


The entrepreneur was responding to tweets from Tron enthusiasts on Aug. 9, with some claiming that investors were concerned that United States citizens will be unable to trade TRX on Binance.


Alarm bells also sounded after TRX was absent from a list of 30 digital assets being explored for the upcoming launch of Binance’s U.S. marketplace.

? ? SteemMonsters Statistics & Big Datas ?

SteemMonsters reached 247k visits in July 2019!

Thanks to ALL of you, Steemmonsters (aka Splinterlands) is growing, it does not care about bear/bull markets and is ready for the next Bull Run !

Résultat de recherche d'images pour "steem monsters"

SteemMonsters reached 247k visits in July 2019!

There is an important difference between total visitors to a site and unique ones. In this case the 247k include the multiple times a person visited the website.

Therefore, as a good Steemian you probably connect everyday which will make you count for a total of 30 visits.

Therefore, how many “unique users” does SteemMonsters has?

This is a very important question that I will try to answer later on. According to the Beta Analysis from the website I use to compile these datas, it is c.30,6k in July (compared to an average of c.20k over the past 18 months) !

I] Traffic

Daily SteemMonsters Traffic

SteemMonsters Daily Traffic kept on improving since the launch to reach close to 10k daily visits in July 2019.

You can find the full analysis here

? China’s Digital Currency Is Ready, Central Bank Says

The People’s Bank of China (PBoC) has claimed that its digital currency “can now be said to be ready.”


According to PBoC deputy director Mu Changchun, a prototype that adopts blockchain architecture has been successfully developed after five years of research.


His announcement, made at the China Finance 40 Forum, was reported by local news site Shanghai Securities News on August 10.

? IBM Files Patent for a Blockchain-Based Web Browser

A new patent application from IBM describes a blockchain-based web browser.


Filed on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network.


The browser collects pre-specified information from web browsing sessions, according to the patent. The information is then transferred to a network of peer-to-peer nodes for collection and storage. Information collection depends on the type of browsing experience chosen. Browsing on a work computer versus a personal browser would demand different settings, for example. 


Types of potentially storable session information include what websites one visits, bookmarks, task performance, geolocation, plugin installation, and security patches. 
As the company states, a blockchain-based browser “affords a system for storing browsing information such that privacy is preserved and places privacy in the ‘hands of a user’ rather than a third party.”

? Steemit Statistics & Big Datas: ? End of July 2019 Update ?

We reached 12.2 mn visits in July 2019!

There is an important difference between total visitors to a site and unique ones. In this case the 12.2mn include the multiple times a person visited the website.

Therefore, as a good Steemian you probably connect everyday which will make you count for a total of 30 visits.

Therefore, how many “unique users” does Steemit has?

I] Traffic

Daily Steemit Traffic

You can find the full analysis here

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? Daily Crypto Calendar, August, 12th?

“Particl Desktop 2.0 release with alpha Open Marketplace UI on mainnet coming!”

Blockchain Futurist Conference from August 12-14 in Toronto, Canada.

“WAX is activating EOSIO version 1.8.1 on Monday, Aug 12 @ 17:30 UTC.”

“#Zilliqa x @longhashhatch’s accelerator program extends application period to 12 AUG! ”

“We will perform XWallet system upgrade from 10:30 to 14:30 GMT+8 on Aug 12, 2019. This upgrade will take approximately 4 hours.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So the Bounce is still in progress on STEEM like on most of the altcoin. Let’ see if we will be able to go test the resistance line at 0.21$ or if the Drop will come back before that touch. Be very carefull if we touch that resistance line but we don’t break it. It could be a pull back before the resume of the drop.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

? SteemMonsters Statistics & Big Datas ?

Thanks to ALL of you, Steemmonsters (aka Splinterlands) is growing, it does not care about bear/bull markets and is ready for the next Bull Run !

Résultat de recherche d'images pour "steem monsters"

SteemMonsters reached 247k visits in July 2019!

There is an important difference between total visitors to a site and unique ones. In this case the 247k include the multiple times a person visited the website.

Therefore, as a good Steemian you probably connect everyday which will make you count for a total of 30 visits.

Therefore, how many “unique users” does SteemMonsters has?

This is a very important question that I will try to answer later on. According to the Beta Analysis from the website I use to compile these datas, it is c.30,6k in July (compared to an average of c.20k over the past 18 months) !

One quick word about the Methodology

  • Datas can come from multiple sources listed in the end of this post
  • These sources get their raw datas from companies working with them and sharing their datas in order to get access to competitor’s ones, browsers add-ons, in-app softwares which allow the Big Data to have a very large panel of users (north of 20mn) in order to statistically have the number of users/visits…
  • I use these raw datas to make excels tables, graphs…

I] Traffic

Daily SteemMonsters Traffic

SteemMonsters Daily Traffic kept on improving since the launch to reach close to 10k daily visits in July 2019.

If we compare to Steemit.com, we can see that there is a lower % of mobile traffic, let’s hope the future app will fix these issues.

Steemmonsters website is ranked 133,146 worldwide.

We can also see that the rank is improving daily.

Google Trends

Google Trend is an Indice based on 100, which means that 100 represents the week when most people searched for “Steem monsters and steemmonsters” on Google.

Google Trends are still very low but there is hope as Bitcoin Google Trend is increasing slowly again, maybe more crypto users joining decentralized platforms?

Bitcoin Google Trend Graph

SteemMonsters Traffic share by country

In the Top 5, the strongest traffic increase came from Germany with +154% visits!

Mobile Traffic is low compared as it represents only 21.19% of the total

78.81% of players on Desktop, probably as it is more convenient.

Be Careful with the Number of Visits

Also, remember that if you connect from a different device (home/work computer, mobile phone, tablet) you will count as a “new visitor” on each of these devices.

So as an example, let’s say you connected at home, at work and in the subway. You would represent 3 visits out of these 1mn+ Daily Visits.

II] Marketing Mix

Organic Search is once again improving and represents 67,3% of the incoming Traffic.

Organic search is when people research on Google. As the number of quality bloggers on Steemit increase, our content has a higher probability of being listed in Google’s Top results.

Different Channels:

Direct: When you type in you Web browser www.steemit.com
Mail: When you connect to steemit.com through an e-mail link
Referrals: When you connect to steemit.com through a link found on another website (github…)
Social: When you connect to Steemit through a Facebook, Twitter, Instagram… page or link
Organic Search: When you type a search term like “Crypto” on Google and you click on one of the following steemit link proposed to you

Traffic Share Evolution since inception of this analysis

You can see the continous improvment of the direct line. This is showing active players and commited ones. You can interpret this growth as the ability for @steemmonsters to grow its number of players and keep them addicted to the game. Congrats !

As a player myself, I can understand why people stick around :D.

Referring Social Pages

Youtube represented 53,4% of all the social platform incoming traffic. Reddit is also a strong source of new visits on the Steemit Platform.

5 most searched terms on Google that lead to Steemmonsters.com

To be honest, I don’t really get how some of these requests lead you to Steem but… it does.

What are Steemians main interests?

Gender Demographics

Age Distribution

III] Steemit website metrics

You feel a bit confused about these 3 metrics? Let me explain.

  • Bounce Rate is the % of people that leave the Website after just navigating on a single Webpage. The lower, the Better
  • Daily Pageviews per Visitor is the average number of pages a visitor opens. The Higher, the Better
  • Daily Time on Site is the full time a visitor spend on the website before closing the internet Webpage. The Higher the Better

Bounce rate is particularly low which is probably linked to the fact that most traffic is direct, meaning loyal users mak the biggest chunk of the traffic and they come to do their daily quest / tournament.

My assumptions for July 2019

  • Total visits to SteemMonsters.com: 247k
  • Assumption of Total unique visitors in July: 25-30k
  • Total Daily visitors: 7.5-10k
  • Assumption of Total Daily Unique visitors: 4-6k

This is a collective achievement and I would like to congratulate all of us! We need to continue helping @yabapmatt to grow this platform

If you would like more data: Check this post from @steemmonsters: https://steemit.com/steemmonsters/@steemmonsters/guilds-well-that-escalated-quickly

This monthly report makes me very optimistic about @steemmonsters future !

Next BigData Analysis coming on @drugwars, different social Steem apps and other cool projects !

Sources: Alexa, SimilarWeb, Google Trends…

? Daily Crypto News, August, 8th?

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

? Steemit Statistics & Big Datas: ? End of July 2019 Update ?

We reached 12.2 mn visits in July 2019!

There is an important difference between total visitors to a site and unique ones. In this case the 12.2mn include the multiple times a person visited the website.

Therefore, as a good Steemian you probably connect everyday which will make you count for a total of 30 visits.

Therefore, how many “unique users” does Steemit has?

I] Traffic

Daily Steemit Traffic

You can find the full analysis here


? An Extortion Gone Bad: Inside Binance’s Negotiations With Its ‘KYC Hacker’

The Takeaway

Prior to publishing details about real Binance customers online Wednesday, a hacker operating under the pseudonym “Bnatov Platon” had a month-long conversation with CoinDesk reporters.


In the talks, Platon revealed how he allegedly hacked individuals behind an earlier hack in which 7,000 bitcoin was stolen from the world’s largest exchange.


Platon claimed his aims were altruistic, and that he simply wanted to bring the hackers’ identities to justice. However, it appears he also effectively asked for money in exchange for promises he would not release Binance’s customer data.


Platon and Binance would hold numerous talks, and reportedly struck a deal that was later aborted. CoinDesk has obtained full transcripts of these conversations.

? Ex-Coinbase CTO Is Behind Mysterious Nakamoto.com

Nakamoto.com is a website that’s more than twice as old as bitcoin, and for most of its life, it has just redirected to a San Francisco developer’s personal website.


Now, though, according to two industry sources, it’s under the ownership of one of the best-known investors in crypto: Balaji S. Srinivasan, former Andreessen Horowitz partner, founder of Earn.com and former chief technology officer of Coinbase.


The current site says, “Nakamoto is bitcoin country. HODL or GTFO.”

As of now, potential users can only enter their email address and await more information. Srinivasan never directly responded to multiple attempts to confirm he was running the site, but in a recent tweet he recommended a go-to-market strategy similar to the one the site appears to be using:

? Doubling up on STEEM! Reasons and Thoughts

Here is a quick post to tell you that I am doubling up on STEEM. One of the reasons is HF21 (find all the info from @steemitblog‘s post here) but this is neither the only one or the most important.

I think HF21 has its flows, yes it redistributes more to SP holder, but through this it will bring more investors, therefore more Buying pressure and a better STEEM Price I Believe.

More curation rewards also means more attention spent by SP Holder to curate content of quality. This would be beneficial to the entire STEEM Community.

In the end, what is the point to have 75% of your posts STEEM rewards / SBD if they are valued at a few cents, wouldn’t it be better to have 50% of a post valued a few $$$?

Full post Here

? Report: Around 300 Addresses Contain 80% of Tether Supply

The takeaway:

The Massachusetts-based crypto market research firm Coin Metrics says that 318 addresses hold at least $1 million worth of Tether (USDT), comprising 80% of the global Tether supply.


Bloomberg reported the company’s finding in a report on Aug. 7. Coin Metrics co-founder Nic Carter additionally mentioned that some of the USDT whales include major crypto exchanges, such as Binance and Bitfinex.


The report additionally notes that this is staggeringly different from the distribution of Bitcoin (BTC), for which whales apparently hold only around 20% of the total token supply. Moreover, over 20,000 BTC addresses reportedly hold at least $1 million in equivalent assets.

However, despite Bitcoin being more evenly distributed among its user base, the USDT whales may be able to swing the Bitcoin price on their own, as suggested by University of Texas at Austin finance professor John Griffin:

“The concentration of Tether suggests that control of Tether is in the hands of a few central players who can swing Bitcoin prices, and have a vested interest in doing so […] It also suggests that many exchange players have a vested interest in keeping the Tether game going.”

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? Daily Crypto Calendar, August, 8th?

“Look forward to year in review and an important announcement to celebrate the $ARN date!”

BitMax Listing

AMA session with Fivebalance at 7:00 AM (UTC). 1,000,000 FBN to be airdropped.

“Every Thursday at 8PM (UTC+8), join us to learn all about your favorite projects and their exciting developments!”

“Live AMA with our CEO @Kris_HK on @cryptocom ‘s Twitter this Thursday, 8 August, 11AM HKT.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

And the support line at 0.21$ is now broken… and the drop is continuing. I just have a little hope that it is a trap from the market and that we will be back upper than this line in the coming hours. If it is not the case, the drop should become more powerfull and show us where the market want to go…

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Steemit Statistics & Big Data: ? End of July 2019 Update ?

Thanks to ALL of you, Steemit is still alive, stabilizing and preparing for the next Bull Run !

We reached 12.2 mn visits in July 2019!

There is an important difference between total visitors to a site and unique ones. In this case the 12.2mn include the multiple times a person visited the website.

Therefore, as a good Steemian you probably connect everyday which will make you count for a total of 30 visits.

Therefore, how many “unique users” does Steemit has?

This is a very important question that I will try to answer later on. According to the Beta Analysis from the website I use to compile these datas, it is around 7mn (vs c.7.39mn in June) !

One quick word about the Methodology

  • Datas can come from multiple sources listed in the end of this post
  • These sources get their raw datas from companies working with them and sharing their datas in order to get access to competitor’s ones, browsers add-ons, in-app softwares which allow the Big Data to have a very large panel of users (north of 20mn) in order to statistically have the number of users/visits…
  • I use these raw datas to make excels tables, graphs…

I] Traffic

Daily Steemit Traffic

In January 2018, we experienced the best daily numbers at 1.5mn+; they decreased a little under 1.5mn in February.
Unfortunately the daily traffic on Steemit slowed down to c.400 000 in December 2018. Let’s hope it is just a little setback


In April 2019, the average daily traffic was closer to 450k per day. In May it increased a little more.

Another, explanation could be that people spend more time on apps (Partiko, Steepshot, Dtube, Steemmonster, eSteem…) which are not accounted in this analysis.

Numbers are still low BUT it is stabilizing would be more accurate since January 2018 !

Steemit website is ranked 5,461 worldwide. In June, it was sitting at 5,316.
Steemit kept on deteriorating its ranking as it ranked 1400+ last year.

Google Trends

Google Trend is an Indice based on 100, which means that 100 represents the week when most people searched for “Steemit” on Google.

Google Trends are still very low but there is hope as Bitcoin Google Trend is increasing slowly again, maybe more crypto users joining decentralized platforms?

Bitcoin Google Trend Graph

Steemit Traffic share by country

In the Top 5, the strongest traffic increase came from United-Kingdom with +5.07% visits!

Mobile Traffic is increasing compared to last month as it represents 50.1% of the total

This is increasing as it was only c.42% in January 2019


This is useful to know how people use the Steem platform. Initiatives like @partiko (mobile app), @esteemapp (mobile app), @busy.org , @appics (Instagram), @actifit , @steemhunt , @utopian-io … will probably help the community to grow on mobile phones.

Be Careful with the Number of Visits

Also, remember that if you connect from a different device (home/work computer, mobile phone, tablet) you will count as a “new visitor” on each of these devices.

So as an example, let’s say you connected at home, at work and in the subway. You would represent 3 visits out of these 1mn+ Daily Visits.

II] Marketing Mix

Organic Search is once again improving and represents 67,3% of the incoming Traffic.

Organic search is when people research on Google. As the number of quality bloggers on Steemit increase, our content has a higher probability of being listed in Google’s Top results.

Different Channels:

Direct: When you type in you Web browser www.steemit.com
Mail: When you connect to steemit.com through an e-mail link
Referrals: When you connect to steemit.com through a link found on another website (github…)
Social: When you connect to Steemit through a Facebook, Twitter, Instagram… page or link
Organic Search: When you type a search term like “Crypto” on Google and you click on one of the following steemit link proposed to you

Traffic Share Evolution since inception of this analysis

The Organic Search Strategy which means the Content Strategy is working as people come across Steemit looking for Crypto, Blog, Travel, etc… related articles.

Referring Social Pages

Youtube represented 35% of all the social platform incoming traffic. Reddit is also a strong source of new visits on the Steemit Platform. Last month, Facebook was the first Social Media to bring traffic to Steemit.com with a 32.4% contribution.

5 most searched terms on Google that leads to Steemit.com

To be honest, I don’t really get how some of these requests lead you to Steem but… it does.

What are Steemians main interests?

Gender Demographics

Age Distribution

III] Steemit website metrics

You feel a bit confused about these 3 metrics? Let me explain.

  • Bounce Rate is the % of people that leave the Website after just navigating on a single Webpage. The lower, the Better
  • Daily Pageviews per Visitor is the average number of pages a visitor opens. The Higher, the Better
  • Daily Time on Site is the full time a visitor spend on the website before closing the internet Webpage. The Higher the Better

Metrics improved a lot compared to last month, especially the Bounce rate and pageviews per visitor. I dot not really know how to explain it but it is quite positive. It means we have a sticky Steemian userbase that just WILL not let go ! 😀

My assumptions for July 2019

  • Total visits to Steemit.com: 12,2mn
  • Assumption of Total unique visitors in July: 6.5-7mn
  • Total Daily visitors: 350-370k
  • Assumption of Total Daily Unique visitors: 220-250k

This is a collective achievement and I would like to congratulate all of us! We need to do better and get back to the January 2018’s type of numbers.

This monthly report makes me very optimistic about STEEM’s future !

As you probably all followed, we have a new communication strategy. We have Steemit Inc. delivering on numerous fronts (including HF21). The community is continuing to build. Just look at our dapps ecosystem and the latest @steemmonsters guild release (app coming sooooon :D) or @actifit @steem-engine token !

We have so many projects that have matured, such an amazing Community and with Crypto prices bouncing we might have a chance to attract new users very soon!

Bring your friends, engage with fellow Steemians and make little Tribes !

Next BigData Analysis coming on @steemmonsters @drugwars and other cool projects !

Sources: Alexa, SimilarWeb, Google Trends…

? Daily Crypto News, August, 7th?

  • Shark Tank’s Kevin O’Leary Questions Bitcoin’s Role as ‘Safe Haven’ ;
  • Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A ;
  • UK’s Tax Authority Requests User Data From Crypto Exchanges ;
  • Doubling up on STEEM! Reasons and Thoughts ;
  • Binance’s CZ: Like It or Not, Facebook’s Libra Coin Is Poised for Mass Adoption ;
  • ? Daily Crypto Calendar, August, 7th?
  • STEEM Trading Update

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

? Shark Tank’s Kevin O’Leary Questions Bitcoin’s Role as ‘Safe Haven’

The debate over bitcoin’s role as a “safe haven” asset hit mainstream media on Tuesday, following reports that bitcoin’s recent price run could be attributed to Chinese capital flight.


Speaking with CNBC on Tuesday, businessman and co-host of NBC’s “Shark Tank” Kevin O’Leary and Morgan Creek Digital’s Anthony “Pomp” Pompliano took opposing sides in the conversation. Pompliano is a well-known bitcoin bull, while O’Leary played the role of skeptic.


Over the course of the conversation, Pompliano said over half of his net worth now resides in the world’s largest cryptocurrency by total value. O’Leary sought to describe the investment strategy as foolish in return.


“In any one stock, never more than 5 percent, in any one sector, never more than 20 percent,” O’Leary said. “I teach this stuff! You never go beyond concentrations of that nature! Fifty percent! Shame on you! That’s nuts!”

Responding to bitcoin’s role as a safe haven, Pompliano said the asset is negatively correlated with every other major asset class.


“[Morgan Creek Digital] has been banging the drum for over a year now saying that this is a non-correlated asymmetric asset. If you look at times of global instability like in May, where we are lobbing tariff threats and the trade wars are going on, bitcoin is up 55 percent. It’s got a negative correlation, -0.9 to S&P negative -0.8 to gold.”

? Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A

Crypto lending startup BlockFi received $18.3 million in a Series A funding round led by Valar Ventures, the company announced Tuesday.


Valar, which was founded in part by PayPal co-founder Peter Thiel, was joined by Winklevoss Capital, Galaxy Digital, ConsenSys, Akuna Capital, Susquehanna, CMT Digital, Morgan Creek, Avon Ventures and PJC. Valar’s investment was its first in the cryptocurrency industry following prior investments in other fintech firms like Transferwise, a press release said.


According to a company statement, BlockFi plans on using the capital for additions to its product line up. The firm’s premier product, yield-bearing bitcoin deposits, launched in March. Besides deposits, BlockFi offers cryptocurrency-backed loans.

? UK’s Tax Authority Requests User Data From Crypto Exchanges

Crypto exchanges come under fire


According to fintech-focused media outlet Coindesk, industry sources said that the agency has sent letters to at least three crypto exchanges in the U.K., including Coinbase, eToro, and CEX.io, requesting that they provide lists of users and transaction data.


HMRC is reportedly aiming to cooperate with crypto exchanges in a bid to identify individuals who evade taxes. According to the cited sources, the agency will probably only go back two or three years:


“If they [HMRC] do only go back two or three years, I think the interesting thing here is, that the individuals who went into crypto very early on in 2012-13 will not be affected. The ones who probably made the largest gains won’t be affected, it will be the people who came in around the time crypto peaked.”

? Doubling up on STEEM! Reasons and Thoughts

Here is a quick post to tell you that I am doubling up on STEEM. One of the reasons is HF21 (find all the info from @steemitblog‘s post here) but this is neither the only one or the most important.

I think HF21 has its flows, yes it redistributes more to SP holder, but through this it will bring more investors, therefore more Buying pressure and a better STEEM Price I Believe.

More curation rewards also means more attention spent by SP Holder to curate content of quality. This would be beneficial to the entire STEEM Community.

In the end, what is the point to have 75% of your posts STEEM rewards / SBD if they are valued at a few cents, wouldn’t it be better to have 50% of a post valued a few $$$?

Full post Here

? Binance’s CZ: Like It or Not, Facebook’s Libra Coin Is Poised for Mass Adoption

The takeaway:

Binance CEO Changpeng Zhao (“CZ”) hopes to open a London office “very soon” as the crypto exchange turns its focus to Europe. Brexit won’t hurt and if anything will be good for crypto, he predicts.

On Facebook’s Libra project, CZ anticipates practical benefits from potentially listing the coin, and also hinted at further collaboration.

The forthcoming Binance.US is working with the usual suspects among crypto’s reliable banking partners.

CZ calls crypto insurance a “flawed concept.” Binance instead dedicates 10 percent of its $100 million in quarterly revenues to its internal “SAFU fund.”

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? Daily Crypto Calendar, August, 7th?

“@Gate_io startup project program, starting on the 7th of August”

“The rebrand will update the roadmap, website, products, vision, and we have a significant announcement regarding our future…”

“You will be able to see how our format seamlessly merges with a real 3D environment.”

“Join us next Wednesday 08/07 at 1 PM EST/ 5 PM UTC.”

“The AMA will go live on the 7th of August, 5 PM UTC.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As expected, we are now testing the support line at 0.21$. It was foreseen in my previous posts and yeah it is happening… Not a good news but it is life, what can we do… So yeah, this support line is a major support line and as I explained yesterday, if we break this support, I think we will really go deeper… If you are thinking about buying new STEEM because it is SALE price, I suggest you to wait the results of the current test because if we break it, I think you will be able to buy a lot cheaper than now….

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Last Updates

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? Daily Crypto News, August, 6th?

  • US Federal Reserve Launching Payment System ;
  • Litecoin Just Halved Its Crypto Rewards for Miners ;
  • A Battle Between Bitcoin Wallets Has Big Implications for Privacy ;
  • Doubling up on STEEM! Reasons and Thoughts ;
  • North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN ;
  • ? Daily Crypto Calendar, August, 6th?
  • STEEM Trading Update

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

? US Federal Reserve Launching Payment System

The United States Federal Reserve Board is planning to release a real-time payments and settlements service in order to boost the payments infrastructure in the country.


A press release published on Aug. 5 reads that the Board of Governors of the Federal Reserve System has requested that Federal Reserve Banks develop a new interbank real-time settlement service to support faster payments in the U.S. The payment system is called FedNow and will purportedly launch in 2023 or 2024.


By launching FedNow, the Fed aims to modernize the country’s payment system with a real-time service that can transfer funds around the clock and on weekends and weekdays. The service will purportedly be available to both businesses and the general public.

? Litecoin Just Halved Its Crypto Rewards for Miners

Litecoin (LTC), currently the fourth-largest cryptocurrency by market capitalization, has just reduced its block reward for miners by half.


The litecoin blockchain reached the trigger block height of 1,680,000 at 10:16 UTC on Monday, according to the litecoin explorer from mining pool operator BTC.com.


The event marks a major threshold for miners, as the litecoin network is designed to reduce its mining rewards by half every 840,000 blocks (roughly every four years).

For this “halving,” the mining reward for every block has been reduced from the previous 25 LTC to 12.5 LTC

? A Battle Between Bitcoin Wallets Has Big Implications for Privacy

Bitcoin privacy wallet Samourai announced last Thursday that its primary competitor, Wasabi Wallet, is the target of an ongoing network attack.


The blog post is the latest in a string of allegations Samourai has leveled against Wasabi since mid-July.
The attack, according to Samourai Wallet, resembles a Sybil attack, where a small number of users falsifies new identities and pretends to be much larger in number. This would mean that the anonymity set, or crowd, in which a user can hide their bitcoin transactions is not actually as large as Wasabi suggests.


“As the Wasabi team has described it, the goal of the Wasabi mixing technique, is to hide your [unspent transaction outputs] in a ‘sufficiently’ large crowd (peers),” Samourai wrote in its blog post. “The current target Anonymity Set in Wasabi mixing is 100 peers.”

? Doubling up on STEEM! Reasons and Thoughts

Here is a quick post to tell you that I am doubling up on STEEM. One of the reasons is HF21 (find all the info from @steemitblog‘s post here) but this is neither the only one or the most important.

I think HF21 has its flows, yes it redistributes more to SP holder, but through this it will bring more investors, therefore more Buying pressure and a better STEEM Price I Believe.

More curation rewards also means more attention spent by SP Holder to curate content of quality. This would be beneficial to the entire STEEM Community.

In the end, what is the point to have 75% of your posts STEEM rewards / SBD if they are valued at a few cents, wouldn’t it be better to have 50% of a post valued a few $$$?

Full post Here

? North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN

UN: Hacked crypto funds weapons of mass destruction


In a confidential report acquired by mainstream media outlets including Reuters on Aug. 5, the U.N. Security Council North Korea sanctions committee said that hackers formed an essential part of government funding. 


“Democratic People’s Republic of Korea cyber actors, many operating under the direction of the Reconnaissance General Bureau, raise money for its WMD (weapons of mass destruction) programs, with total proceeds to date estimated at up to two billion US dollars,” Reuters quoted the report as stating.

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? Daily Crypto Calendar, August, 6th?

The Litecoin block mining reward halves every 840,000 blocks, the coin reward will decrease from 25 to 12.5 coins.

On August, 6th Deex launches the closed testing campaign of decentralized messenger for iOS devices.

AUX launches a new version of the website and updates social media by August 6th.

“We invite you to join an #AMA with our new partner, #nOS (@nOSplatform)… 5PM UTC (17:00 UTC) in $ARK’s Slack!”

“Join members of the SDF partnerships team tomorrow, Tuesday, August 6 for a free online workshop for Stellar developers.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So after the confirmation of the break yesterday, the STEEM is now waiting just under the line which is now a resistance line. It is not a bad news and we could have a big drop due to the break but I think that the nice UP of the BTC is helping us to don’t drop. Let’s see what will happen soon. The BTC cound correct quiet soon and it could be the excuse for the STEEM to continue its drop.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Doubling up on STEEM! Reasons and Thoughts

Dear Steemians,

Here is a quick post to tell you that I am doubling up on STEEM. One of the Reason is HF21 (find all the info from @steemitblog’s post here) but this is neither the only one or the most important.

I think HF21 has its flows, yes it redistributes more to SP holder, but through this it will bring more investors, therefore more Buying pressure and a better STEEM Price I Believe.

More curation rewards also means more attention spent by SP Holder to curate content of quality. This would be beneficial to the entire STEEM Community.

In the end, what is the point to have 75% of your posts STEEM rewards / SBD if they are valued at a few cents, wouldn’t it be better to have 50% of a post valued a few $$$?

Not to mention that your SP and current liquid STEEM would increase in overall value.

As you know, a good STEEM price increase would attract new users, which will make prices go up : Virtuous circle.

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Lately, I have assisted to many projects which confirm that STEEM is the Home of an innovating ecosystem with great entrepreneurs

  • @actifit launching its token on Steem-engine
  • @steem-engine allowing projects to get some kind of funding
  • @steemmonsters keeps on rolling ! Guilds are online and I think the phone APP launch will be the “going to mainstream” moment
  • @drugwars developments are continuing and even if the last release was not to the liking of some in the Community, th game is heading in the right direction
  • @nextcolony is launched and people seem to enjoy it
  • @steem-bounty increases interactions between Steemians
  • @steemhunt has maintained a high level of engagement
  • @partiko is working smoothly and is still my go to app on a mobile phone. (@esteem is also very popular)
  • @steempress allow bloggers all over the world to publish on Steem so easily
  • @dtube and @threespeak allow “Youtubers” to share and earn through the STEEM Platform
  • @appics is entering its final phase of development and will launch its token very soon

I could go on and on ! So many great projects out there !

Later, in another post, I will also share with you some doubts about some of the coins that popped up on Steem-Engine and are valued at delirious levels.

Later, in another post, I will also share with you some doubts about some of the coins that popped up on Steem-Engine and are valued at delirious levels.

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My Latest Transfers to Steemit

Today

On July, 30th

Preparing HF21

As I want to be very active after this HF21, I decided to increase my SP in order to curate some of the best content creators I know on the STEEM Platform

If you happen to have some Spare SP, do not hesitate to fill my offer on @minnowbooster !

I hope you enjoyed this post, if you did : upvote, comment and resteem. I will upvote answers and set a nice @steem-bounty.

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? Daily Crypto News, August, 5th?

  • Bitcoin’s Price Jumps Back Above $11K for the First Time In 3 Weeks ;
  • Bitcoin SV Splits Into Three Chains Following 210 MB Block ;
  • Bitcoin’s Computing Power Sets Record as Over 100K New Miners Go Online ;
  • Keiser: Bitcoin Could Cross $15,000 This Week, No Trust in Centralization ;
  • Crypto Market Risk Rises as Tether Migrates to More Blockchains ;
  • ? Daily Crypto Calendar, August, 5th?
  • STEEM Trading Update

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

? Bitcoin’s Price Jumps Back Above $11K for the First Time In 3 Weeks

Bitcoin (BTC) has risen back above $11,000 after regaining ground lost on July 8 and July 22, when the world’s largest cryptocurrency by total value suffered bearish breakdowns that sent its price below $10,000.


At 15:00 UTC on August 4, bitcoin rose above $11,000 for the first time in 21-days.


BTC’s price stalled and then was retested along the $10,600 area on Aug. 4, proceeded by a breakout above $11,000, 10 hours after its most recent sell-off. BTC was last seen changing hands at $11,227 after a strong hourly candle broke above $11,050.


? Bitcoin SV Splits Into Three Chains Following 210 MB Block

Following a recent hard fork of Bitcoin SV (BSV), the network saw a three-chain split after a massive 210 megabytes (MB) block was mined.


As reported by BitMEX Research on Aug. 3, Bitcoin SV nodes divided into three groups on Saturday, making the network to split into three separate chains. According to the report, 65% of nodes were located on the current tip, while 17% were stuck on the 210 MB  block and 19% had not even upgraded and were on the old pre-hard fork chain.

Bitcoin SV node chart.

According to data from Coin Dance, the 210 MB block was mined on Aug. 3 by CoinGeek miner and involved 808,633 transactions.

Bitcoin SV, a hard fork of Bitcoin Cash (BCH), which is in turn a fork of the major cryptocurrency Bitcoin (BTC), successfully ran its own scheduled hard fork on July 24 as part of plans to increase its block size from the previously set limit of 128 MB up to 2 gigabytes.

? Bitcoin’s Computing Power Sets Record as Over 100K New Miners Go Online

The total computing power now dedicated to securing the bitcoin blockchain has set yet another record.


According to data from mining services operator BTC.com, the average bitcoin mining hash rate over the last two weeks has reached 71.43 quintillion hashes per second (EH/s), up from 64.49EH/s on July 23. The threshold was breached as bitcoin adjusted its mining difficulty at block height 586,672 on Monday 2:52 UTC – that is a 6.94EH/s, or 10.78 percent jump since mid July. 


Bitcoin mining difficulty is a measure of how hard it is to compete for mining rewards on bitcoin. Just how difficult the bitcoin software makes it to generate new blocks adjusts every 2,016 blocks – approximately every 14 days – to ensure the block production time remains about 10 minutes at the next cycle.

? Keiser: Bitcoin Could Cross $15,000 This Week, No Trust in Centralization

Max Keiser, a former Wall Street trader and host of the RT program Keiser Report, said that he believes Bitcoin (BTC) will break $15,000 this week.


In tweet published Aug. 3, Keiser said that he is “sensing #Bitcoin will cross $15,000 this week.” He further stated that confidence in central governments, central banks and centralized fiat money are at the lowest level they have been in decades. He noted:


“I’m confident. So I just burned another $10,000 in $USD shitcoin. Correlation does not equal causation, but whenever I burn a few thousand $USD, BTC price goes up significantly.”

? Crypto Market Risk Rises as Tether Migrates to More Blockchains

One of the murkier corners of the cryptocurrency market is becoming even less transparent.


Tether, the controversial token that serves as a conduit for trading coins on many of the world’s largest crypto exchanges, is becoming the means for conducting transactions on a spate of new blockchains, the distributed digital ledgers that underpin the digital assets.


The migration from the dominant Bitcoin and Ethereum platforms risks making it more difficult for investors to track transactions, going against one of the key tenets championed by crypto advocates since the advent of the self-styled alternatives to money a decade ago.

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? Daily Crypto Calendar, August, 5th?

Coinbase Pro begins accepting XTZ deposits for 12 hours prior to enabling full trading.

ERC-1155 support is coming to 0x protocol on August 5.

SWIPE IEO on Tokenomy from August 5th to 18th. Purchasing with TEN yields 10% bonus.

“ETH and Neo Sidechains are scheduled to be deployed on the #Elastos Mainnet for whitelisted partners and developers starting August 5th.”

“At the start of every month, we will be taking snapshop of all EthereumX token holders with more than 300,000 ETX tokens.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So yeah my friends, except if we have a sudden big up in the coming hours, the support line at 0.24 and the little support just under in blue can be considered as broken. We should now go in the direction of the support line at 0.21$ which is a major support line which hold us since december 2018. If we break that support… I really don’t know where we will stop… 0.15$, 0.1$, 0.05$, 0.01$? what would be the minimum for you ? Let’s share your opinion.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, August, 2nd?

  • Square’s Q2 Bitcoin Revenue Nearly Doubles From Previous Record ;
  • Walmart is Trying to Patent Its Own ‘Libra’ Like Digital Currency ;
  • What Happened: Why the First Physical Bitcoin Futures Haven’t Launched ;
  • NYAG Argues Against Continued Stay of Demands for Bitfinex ;
  • What Bear Market? Bitcoin Price Rises to $10,500 Eyeing a Breakout ;
  • ? Daily Crypto Calendar, August, 2nd?
  • STEEM Trading Update

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

? Square’s Q2 Bitcoin Revenue Nearly Doubles From Previous Record

Payments company Square reported its second-quarter earnings Thursday, revealing $125 million in bitcoin sales through its Cash App, nearly doubling a record first quarter.


“During the quarter, bitcoin revenue benefited from increased volume as a result of the increase in the price of bitcoin, and generated $2 million of gross profit,” the earnings report explains.


Founded by Twitter co-founder Jack Dorsey, Square reported that bitcoin represented very nearly half of the total revenue on its Cash App, at $260 million, for the second quarter of 2019. Bitcoin costs, however, are listed at $122.9 million in the unaudited quarterly report, yielding the aforementioned $2 million in profit.


? Walmart is Trying to Patent Its Own ‘Libra’ Like Digital Currency

A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. 


Walmart filed patent for “Digital Currency via Blockchain”


Patent filing number 20190236564, “System and Method for Digital Currency via Blockchain,” was published by the U.S. Patent and Trademark Office (USPTO) on Aug. 1. The document outlines a method for:


“Generating one digital currency unit by tying the one digital currency unit to a regular currency; storing information of the one digital currency unit into a block of a blockchain; buying or paying the one digital currency unit.”

Eric Conner, founder of information site ETHHub and product researcher at blockchain startup Gnosis, said:

“I think in four years, Ethereum will be moving past the hardest parts of its ambitious goals around proof-of-stake and scaling. At that point, the network will be able to onboard more users and we’ll start to grow beyond the use cases we are seeing today.”

? What Happened: Why the First Physical Bitcoin Futures Haven’t Launched

LedgerX admitted Thursday it has not launched bitcoin futures, as the firm had previously claimed, after the U.S. Commodity Futures Trading Commission (CFTC) said it had not approved the exchange to do so.

The company previously told CoinDesk it was planning to launch the product on Wednesday. LedgerX would have been the first venue in the U.S. to offer physically-settled bitcoin futures, which are contracts that pay out in the underlying cryptocurrency rather than in cash.


“Not only are they delivered physically in the sense that our customers can get bitcoin after the futures expires, but also they can deposit bitcoin to trade in the first place,” LedgerX CEO Paul Chou told CoinDesk on Monday.ring connections to external services like the crypto exchange ZigZag, the blog Yalls and games like Lightning Roulette, facilitates nearly 10,000 referrals a month. So far, BlueWallet users have completed more than 100,000 lightning transactions.

? NYAG Argues Against Continued Stay of Demands for Bitfinex

The New York Office of the Attorney General (NYAG) has submitted a letter to Justice Joel M. Cohen, arguing that cryptocurrency exchange Bitfinex and affiliated Stablecoin firm Tether should not be granted a continuing stay of demands.
The NYAG submitted its letter on Aug. 1 — the latest chapter in the New York Attorney General’s ongoing case against Bitfinex, parent company iFinex and Tether, in which the state alleges a multimillion loss coverup took place.

The motivation for NYAG’s letter

The court initially issued a stay of document demands in May at the defendants’ request. This means that the court currently only requires the defendants to produce documents and information pertinent to the issue of whether or not New York is the appropriate jurisdiction for the NYAG’s complaint, as opposed to a wholesale disclosure of complaint-pertinent documentation.

Bitfinex’s lawyers recently wrote that it had spent over $500,000 responding to NYAG’s document requests, adding that they would appeal for a continued stay of demands even if a dismissal motion does not go through.

“Scarcity is about to kick in,” the crypto trading account known as Rhythm on Twitter commented on the event. 

The current Bitcoin supply means only a maximum of 17,850,000 people can own an entire coin. In reality, however, some of the existing mined supply is not in circulation and never will be, as users lose access to private keys. 

? What Bear Market? Bitcoin Price Rises to $10,500 Eyeing a Breakout

Bitcoin (BTC) price climbed back over $10,000 to nearly $10,500 on the morning of August 2 as the market has shown a surprising bounce defying earlier calls by some traders for more downside. 

Market visualization

“August could turn out to be a good month”

Trader and market analyst Josh Rager said that BTC/USD moving back above $10,000 is finally showing some nice follow through. 

“A close above previous 4hr resistance is a nice sign,” he continued. “The good news about the death cross is that it leads to a golden cross as the 50MA is already starting to turn up.” 

Rager concludes that: 

“August could turn out to be a good month for price, IMO”

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? Daily Crypto Calendar, August, 2nd?

ETHIndia, “Asia’s biggest Ethereum Hackathon”, from Aug 2-4 in Bangalore.

“On Friday 2 August We Will Announce Strategic Partnership. Till Then Stay Tuned.”

Indodax lists ATOM. Deposits start on Aug 1st at 12 PM (UTC+7). Trading starts on Aug 2nd at 12 PM (UTC+7).

“Submit your questions here or on YouTube before the AMA on Thursday, August 1st @ 6PM UTC (2PM EST).”

“Join us in Geneva on August 2nd for a “Workshop on #DLT Scalability and Interoperability” hosted by the @ITU FG on DLT #Standardization.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The STEEM is still stitting exactly on the support line. I think we should have a decision from the market quiet soon. Let’s hope it will be a good news. The current pattern could indicate that the market is not able to go lower anymore and if this is the case, a sudden UP should appear suddenly. However, this kind of support line can finish also to be broken so we must stay all very carefull.

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Last Updates

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