? 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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