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? Daily Crypto News, September, 11th?

September 11, 2019 (updated September 11, 2019) Published by
  • Survey: 40% of Millennials Look to Crypto in the Event of Recession ;
  • CoinDesk LIVE from Invest: Asia in Singapore ;
  • Coinbase May Soon Launch an Initial Exchange Offering Platform ;
  • Libra Association Seeks Swiss Payments License for Facebook’s Crypto ;
  • Powerful New Ethereum Miner Reaches Final Stage Before Mass Production ;
  • ? Daily Crypto Calendar, September, 11th?
  • STEEM Trading Update

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

? Survey: 40% of Millennials Look to Crypto in the Event of Recession

New data suggests 40% of millennials would prefer to invest in crypto assets in the event of a recession.


In a news release shared with Cointelegraph on Sept. 10, multi-asset investment platform and social network eToro cited a survey on generational investment conducted from July 18 to July 31 among 1,000 online investors in the United States. Respondents aged between 20 and 65 years represented Generation Z, millennials, and Generation X.


The survey found that more than two-thirds of U.S.-based investors are afraid of a recession, and would consider converting part of their stock portfolios to safer investments or hedge with crypto assets, commodities or real estate.

Millennials favor crypto assets


Among survey participants, 40% of millennials said that they would prefer to invest in crypto assets if a recession occurs, while 50% of Gen Z said they would choose real estate. As for Gen X, 38% said that they would hedge with commodities. Guy Hirsch, managing director of eToro U.S., said:


“We believe that if a recession were to occur, we’d see shrinking stock portfolios and growth in other asset classes like crypto, as well as new fractional ownership models. Historically, these investment opportunities have been limited to high net worth and institutional investors, but innovation is unlocking these opportunities for everyday investors and clearly, these results indicate that the demand is there.”

?CoinDesk LIVE from Invest: Asia in Singapore

Join us live from the show floor at Invest: Asia, our premier crypto global investment event.


For the next two days we’ll be talking to folks like Jocelyn Chang of MakerDAO, Jeremy Allaire of Circle, and Benjamin Soong of Ledger. You’ll be able to chat with us on YouTube, ask questions and interact with our guests as we explore the booming Asian markets.

? Coinbase May Soon Launch an Initial Exchange Offering Platform

San Francisco-based cryptocurrency exchange Coinbase may soon issue a proprietary exchange token, according to Coinbase’s head of institutional sales in Asia, Kayvon Pirestani.


Speaking on a panel Wednesday about the evolution of cryptocurrency capital formation at CoinDesk’s Invest: Asia conference, Pirestani said an initial exchange offering (IEO) platform is one of several capital-formation tools currently being explored by Coinbase.


“We think there’s a really interesting opportunity there for Coinbase,” said Pirestani, adding:
“In a nutshell, Coinbase is carefully exploring not only the IEO space but also STOs [security token offerings]. But I can’t make any formal announcements right now.”

? Libra Association Seeks Swiss Payments License for Facebook’s Crypto

Facebook is seeking a payment system license under Switzerland’s Financial Market Supervisory Authority (FINMA) for its planned stablecoin project, Reuters reported on Sept. 11. 


“Regulated, low-friction, high-security” blockchain payments


In an official statement today, the Switzerland-registered Libra Association — a not-for-profit membership organization established to govern the Libra network — explained its choice to coordinate a regulatory framework with the Swiss watchdog:


“Switzerland offers a pathway for responsible financial services innovation harmonized with global financial norms and strong oversight. We are engaging in constructive dialogue with FINMA and are encouraged to see a feasible pathway for an open-source blockchain network to become a regulated, low-friction, high-security payment system.”

? Powerful New Ethereum Miner Reaches Final Stage Before Mass Production

FAfter a nine-month delay and $3.8 million of investment, an upstart manufacturer is ready to produce its first batch of powerful new machines for mining cryptocurrencies ethereum and ethereum classic.


Linzhi, based in Shenzen, China, said Wednesday it had ordered 37 wafers from Taiwan Semiconductor Manufacturing Company, the main parts that will allow it to build about 200 application-specific integrated circuit (ASIC) miners.
These sample units will test whether the machines can mine as efficiently as they are designed to do using ethash, the proof-of-work algorithm used on ethereum and ethereum classic.resh data from the Japan Virtual Currency Exchange Association (JVCEA) has revealed that as of April 2019, the value of yen-denominated Bitcoin (BTC) holdings has outstripped those in XRP on domestic exchanges. 


As Cointelegraph Japan reported on Sept. 10, the surge in the value of exchanges’ Bitcoin holdings coincides with the beginning of Bitcoin’s 2019 bullish uptrend, which saw the top cryptocurrency hit close to $14,000 by late June. 

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? Daily Crypto Calendar, September, 11th?

“CloakCoin competition : solve the CloakCoin ENIGMA transaction.”

DeFi Summit from September 10 – 11 at Imperial College in London.

Golem September AMA on Reddit at 6 PM CEST.

Expected start of expansive online Tael cryptocurrency-focused advertisement campaign.

“BEAM Ukraine: Privacy&Coffee”

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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

We are testing the support line at 0.164$ that I was explaining you yesterday. I don’t think that this support will stay alive if the BTC breaks the 10k$. We could go test directly our lows around 0.155$ if it was the case. Let’s hope buyers will be there in waiting mode and will avoid that we break it.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Bitcoin price Targets, Traps and More!

September 10, 2019 Published by

Bitcoin continues moving sideways, testing investor patience.

Screen Shot 2019-09-10 at 12.05.24 PM.png

In today’s video we’ll discuss where price may be heading next, key areas to watch, targets and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/?workin2005/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

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? Daily Crypto News, September, 10th?

September 10, 2019 (updated September 10, 2019) Published by
  • Stellar to Airdrop 2 Billion XLM Crypto Tokens Worth $120 Million ;
  • Decentralized Brave Browser Tops Chrome in Google Play Rankings in Japan ;
  • IBM Now Holds 6 of 11 Seats on Hyperledger Blockchain Steering Board ;
  • VanEck’s New Bitcoin Trust Assets Total Just $41K in First Week ;
  • Japan: Bitcoin Surpasses XRP in Yen-Denominated Crypto Holdings ;
  • ? Daily Crypto Calendar, September, 10th?
  • STEEM Trading Update

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

? Stellar to Airdrop 2 Billion XLM Crypto Tokens Worth $120 Million

Chat with your friends – and get paid to do it.


The Stellar Development Foundation and messaging service Keybase announced Monday a 2 billion XLM airdrop, the largest in Stellar’s five-year history, worth roughly $120 million. Over the next 20 months, Keybase users can expect monthly airdrops of 100 million XLM.


Keybase currently has 300,000 active users across its various services, according to the company.
“All you have to do is have an authenticated Keybase account, and your XLM will appear in your wallet – automatically, every month, for as long as the airdrop continues,” according to a draft blog post shared with CoinDesk.

?Decentralized Brave Browser Tops Chrome in Google Play Rankings in Japan

The popularity of the decentralized blockchain-enabled web browser Brave continues to grow as it has outranked other browsers in Google Play rankings in Japan.


Brave beats rival browsers


According to a Reddit post on Sept. 8, this is the first time that the privacy-focused Brave browser has overtaken its rival browsers such as Firefox, Opera and Chrome in Japan. The most recent ranking data from Google Play shows that Brave sits comfortably at number 10 on the list, while its closest competitor Firefox lags behind, occupying 14th place.


A Google Play ranking is determined by how well apps perform against several key metrics such as crash rates, app-not-responding rates, excessive WiFi, location or processing in the background. 

? IBM Now Holds 6 of 11 Seats on Hyperledger Blockchain Steering Board

IBM has doubled the number of its employees on the technical steering committee (TSC) of Hyperledger, stoking concerns about the tech giant’s influence on the enterprise blockchain consortium.


Six out of the 11 2019-2020 TSC members announced last week are IBM employees. Five work at Big Blue itself and one, Mark Wagner, is a senior principal engineer at Red Hat, an IBM subsidiary. By comparison, the previous year’s TSC had only two IBM representatives and the same number of total seats (Wagner served on the committee, but IBM’s acquisition of Red Hat did not close until July 2019).


The new committee will begin governing after the new TSC chair is elected next week.

? VanEck’s New Bitcoin Trust Assets Total Just $41K in First Week

Investment management firm VanEck has issued just 4 bitcoins (BTC) via its new trust focused on institutional investors. 
VanEck: one week, one Bitcoin basket


Data from the company, spotted by economist and cryptocurrency commentator Alex Krüger on Sept. 10, showed that since its launch at the start of the month, VanEck SolidX Bitcoin Trust 144A Shares total net assets are only $41,400.


The product, which caused a buzz after VanEck described it as being akin to an exchange-traded fund (ETF), caters strictly to so-called qualified institutional buyers, or QIBs.


“VanEck SolidX Bitcoin Trust 144A Shares… looks and feels like a traditional ETF,” its official description reads.

? Japan: Bitcoin Surpasses XRP in Yen-Denominated Crypto Holdings

Fresh data from the Japan Virtual Currency Exchange Association (JVCEA) has revealed that as of April 2019, the value of yen-denominated Bitcoin (BTC) holdings has outstripped those in XRP on domestic exchanges. 


As Cointelegraph Japan reported on Sept. 10, the surge in the value of exchanges’ Bitcoin holdings coincides with the beginning of Bitcoin’s 2019 bullish uptrend, which saw the top cryptocurrency hit close to $14,000 by late June. 

More XRP is being accumulated, but value declining

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? Daily Crypto Calendar, September, 10th?

“We are happy to share with the community our dApp Testnet release on September 10th.”

David Atkinson at The Blockchain Centre at 7:00 PM in Singapore.

“At 1pm UTC on 10 September CEO @HMsheikh4 will be answering questions on @coin98_net’s Facebook page.”

“Gathering the key players in the blockchain space in town to discuss adoption, decentralized applications & financial systems”

Perth Meetup

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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 zone around 0.165$-0.164$ starts to be a support zone and even we tried to break it several times, it looks like that the sellers have difficulties to go lower. We have the see what will be the results in the coming hours as we are just sitting on it but a UP bounce from that zone is possible.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Buying BTC for Investors – Current Market

September 9, 2019 Published by

The market remains lacklustre, but relatively predictable. I’ve had more success with recent BTC price predictions than what I normally have – which gives me added confidence in my current buying strategy. This post explains that strategy.

It’s no secret that I have had BTC buy orders in the $8000s for a good few weeks now, if not months. I constantly check the charts and update my TA in order to ensure that my buy orders remain valid. At the moment, I am happy that they are set at the right prices. I will now explain why:

Firstly, take note that I have done away with my regular diagonal Fib levels for the time being. As the bullish price action drew to a close, so those levels started to lose their relevance. The nature of the current market correction is such that diagonal Fib levels no longer a reliable means of price prediction. Obviously this will change at a later date, but for now I find no value in using them.

I predicted a BTC reversal of fortunes and a price drop over the weekend (on Twitter and in the TIMM Trading Pits). That price reversal/drop occurred late on Friday.

https://twitter.com/brain_bit/status/1169959815923273728

Calling the price turnaround was not hard, the TA was pretty clear. What is still unclear for now, is whether BTC is in a bearish converging triangle or a negative channel. Fortunately this doesn’t matter much – as the outcomes of the two are fairly similar – at least for investors.

Below we can clearly see how BTC respected the top of the channel/triangle and became negative – a trend which should now continue for the remainder of the working week, possibly longer.

Made by Bit Brain with TradingView

It could be that the top of my channel/triangle is not correct (because I have excluded short-term outlier candles), but thanks to the latest data, it looks as if making the top of such a channel/triangle less steep does not tie in with the observed price movement data. The upper limiting line which I have created ties in nicely with the bottom of the channel, i.e. it runs parallel to it, giving credence to my theory that what looks like a triangle may still be a channel.

Made by Bit Brain with TradingView

Channel or not, we are seeing support at $9500 – giving credence to my theory that BTC may be in a triangle despite looking as if it is in a channel. Looking at the bigger picture, I see no reason why BTC can’t be in a triangle within a channel – which I now believe is actually the most likely state of affairs.

Upon reaching support at $9500, I believe there is a good chance that support will not hold (as indicated on the chart below). Perhaps I’m wrong and it will hold. Perhaps BTC will bounce back up to the top of the triangle, before turning negative again. Much like I said in my post a week ago, other indicators such as trading volume and various momentum indicators show that a positive breakout for BTC is very unlikely at this stage. What this means is: if BTC does not break downwards through the bottom of the triangle this time, then it will probably do so the next time it tests the $9500 support level.

Made by Bit Brain with TradingView

Looking at the chart above in more detail, we can see a historical support level exists between roughly $8100 and $7500. Provided that BTC price does break lower, I expect this support level to arrest the drop in price. Should it fail to do so, then price should stop dropping when it reaches the bottom of the channel – roughly at $7000 (that price changes over time due to the downwards slope of the channel).

So where should an investor look for a buy point?

Bit Brain’s BTC Buying Tactics

There is a risk that BTC hits the bottom of the triangle, and then bounces back upwards, never to return so low again. Chances of this happening are slight, but not negligible. For this reason it may be a good idea to buy at the turnaround point of $9500. I am making $9500 an “Optional Buy Point’ for myself. 

If BTC price decline slows significantly as it approaches $9500, I will assume that it does not have the momentum to break through, and will set a buy order just North of $9500 to avoid missing out on the dip. This will not be a big order – perhaps about 20% of my allocated funds – because there is still a fair chance that price will drop lower later on.

However, if BTC approaches $9500 at speed, chances are that it will shatter the support there. In such a scenario I will not buy at $9500, instead I will wait to buy in the $8000s, as I have been for the last couple of months. Since there are no other meaningful support levels in the area, I will not buy in the low $9000s. If BTC does break downwards through $9500, it should hit the $8000s – which is where I will start buying (as indicated on the chart below).

Made by Bit Brain with TradingView

“Buy Zone 1” is my main buying zone, it lies between $9000 and $8100. I plan to spend 60% of my allocated BTC buying funds there – with the option of spending more if it looks like BTC won’t go any lower than $8000. I have buy orders at around $8900, $8500 and $8200 – these vary as my local currency fluctuates against the dollar, so I have to adjust them from time to time. At $8100 we once again encounter historical support – so that is where I stop buying.

Should BTC break through that support, I will be ready to pick it up at prices of between $7400 and $7000. This is “Buy Zone 2”. $7000 is the bottom of the channel (at least for now). If BTC fails to reach Buy Zone 2, then I will spend all of my BTC buying funds as the price moves back upwards through “Buy Zone 1”.

I do not see a scenario where BTC will drop below $7000. Firstly, because $7000 is the bottom of the channel, but secondly (and probably more importantly), because BTC can’t drop below $7000 without breaking through the Long-term Base Trendline. (as seen below).

Made by Bit Brain with TradingView

The Long-Term Base Trendline is four years old and well established. It is highly unlikely that BTC can remain below the level of this trendline for very long. As a side note: I believe this trendline to be a measure of BTC adoption as well as the baseline from which any rally is launched. Interestingly, if I’m right about that, it means that reaching the trendline indicates that there is no hype in the market at that time.

If BTC does break though the long-term trendline, it will become incredibly unstable and likely to bounce back fast and hard. It also means that I will be willing to place even more money into it – money I will rob from my normal fiat money savings accounts. Obviously this is risky and not something I would recommend for most people. I’m telling you what I will do under such circumstances, not what you should do. 

This unlikely buying opportunity is labelled “Unlikely Buy Zone” on the chart below.

Made by Bit Brain with TradingView

That rounds up my latest weekly look at BTC. As for the rest of the market: altcoins remain in decline – providing excellent buying opportunities for shrewd investors who are willing to do their homework. In the bigger picture, I watched in amazement late last week at how money floods out of stores of value and back into the fiat-based markets on the slightest little whiff of optimism wrt US/China trade talks. They’re not even building a house of cards anymore, they’re building a house of rice paper. And it’s starting to rain…

Yours in crypto

Bit Brain

All charts made by Bit Brain with TradingView

“The secret to success: find out where people are going and get there first” 

~ Mark Twain

“Crypto does not require institutional investment to succeed; institutions require crypto investments to remain successful” 

~ Bit Brain

Bit Brain recommends:

Crypto Exchanges:




? Daily Crypto News, September, 9th?

September 9, 2019 (updated September 9, 2019) Published by
  • Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’ ;
  • What (Most) Bitcoiners Love About Austrian Economics ;
  • Crypto and the Latency Arms Race: Towards Speed Bumps and OTC Trading ;
  • World’s ‘First’ Blockchain Smartphone to Become Available in New Market ;
  • Bitcoin Price: Will Another Drop Below $10K Open the Door to $8.5K? ;
  • ? Daily Crypto Calendar, September, 9th?
  • STEEM Trading Update

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

? Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’

Major cryptocurrency exchange Binance’s United States-based branch Binance.US will launch in the coming weeks, preceded by Know Your Customer (KYC) registration a few days earlier.


According to a Medium post published by Binance.US on Sept. 6, while the launch of the trading platform itself is expected in the following weeks, KYC onboarding will start a few days earlier. The aim of this is to ensure that users will have time to verify their accounts and deposit their funds.

?What (Most) Bitcoiners Love About Austrian Economics

Bitcoin is an innovative amalgamation of pre-existing technologies and the creation of new ones that has lead to an entirely new form of money. However, for many, the support for the world’s first digital currency is based primarily on ideological preferences.


In this article, you will discover why a significant amount of Bitcoiners also love Austrian Economics.


What is Austrian Economics?
Austrian Economics is a school of thought that originated in Vienna, Austria. Though influenced by works from earlier times, the work considered to be the foundation of this economic school of thought is Carl Menger’s 1871 book ‘Principles of Economics.’ In 1949, another notable name within the Austrian school, Ludwig Mises, published the book ‘Nationalokonomie,’ which provides an overview of the principles governing the economists who identify under this label.

At the time of its publication, Mises’s book was received unfavorably by other leading economists who had already made a turn towards Keynesian economics, following the devastating effects of the world wars. Austrian Economics was losing the ideological war, with Keynesian Economics significantly influencing global economics especially after the Bretton Woods Conference of 1944 where the International Monetary Fund (IMF) was created. The IMF played a major role in the global post-war monetary system, establishing gold and the dollar as the standard and greatly influencing the U.S.’s position in global politics.

? Crypto and the Latency Arms Race: Towards Speed Bumps and OTC Trading

Matthew Trudeau, chief strategy officer of ErisX, offered a thoughtful response last month to a CoinDesk article about high-frequency trading in crypto. In short, CoinDesk reported that features linked to high-frequency trading in conventional markets were making an entry on crypto exchanges and that this might be bad news for retail investors.


While I agree with Trudeau that, in general, “automated market making and arbitrage strategies create greater efficiency in the market,” I disagree with his assertion that applying the conventional markets’ microstructure blueprint will improve liquidity in crypto.


I will explain below that, pushed to their limit, the benefits of speed brought about by electronification actually impair market liquidity as they morph into latency arbitrage. It is inevitable that crypto markets become much faster, but there is a significant risk that some exchanges overshoot and end up hurting their customer base, re-learning the lessons of the conventional latency wars a little too late. Those who do will lose market share to electronic OTC liquidity providers and alternative microstructures, which I will present in this introductory post.


? World’s ‘First’ Blockchain Smartphone to Become Available in New Market

Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh.
According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory

Commission approved the phone for import in August and it will be available on the Bangladeshi market in October.


Mobile Phones in Bangladesh
Finney’s launch in Bangladesh comes amid a trend of growing smartphone ownership in the country. According to a 2018 report from global research firm GSMA Intelligence, by 2025, 75% of the population (138 million) will have smartphones, while 41% (73 million) will be mobile internet subscribers.

Per GSMA, the increasingly urbanized population has been buying more smartphones as cheaper devices come to market, and in this regard, Finney’s price is more comparable with high-end phones available in Bangladesh. Finney debuted last year with a cost of $999, while the Samsung Galaxy S10 is available on local phone market MobileDokan for 74,900 taka ($894). 

? Bitcoin Price: Will Another Drop Below $10K Open the Door to $8.5K?

Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset was on the verge of leaping over the descending trendline of the massive wedge. A mysterious $1 billion Bitcoin transfer spotted by Whale Alert had some speculating that a whale or an institutional investor was moving funds into Bakkt’s custody service. 


Shortly after topping out at $10,938, Bitcoin sharply reversed course and traders were left to speculate whether Federal Reserve Chairman Jerome Powell’s Bitcoin comments put a damper of the bullish price action. Or perhaps the advent of Bakkt’s (physically delivered) Bitcoin futures contracts was repeating the CBOE/CME Bitcoin futures product that launched to much hype right at the peak of the 2017 monster rally. 


Let’s take a look at the current price action and see if we can determine what Bitcoin is up to.


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? Daily Crypto Calendar, September, 9th?

VEX (VEX/KRW, VEX/USDT) trading pairs. Deposits starting from Monday, 15:00 KST. Available for trading from Wednesday, 15:00 KST.

“Eager to learn more about @ConfluxChain & our partnership? Join our AMA with them on Sep.9 at 4pm (GMT+7)”

“Equal will be burning 12 million EQL in the third phase of the burn cycle.”

“Our new fee structure begins September 9th, and offers fee reductions for holding as little as 50 MTL…”

“On 9th September, Zilliqa and @Infinito_Ltd look forward to hosting a joint AMA .”

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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 as expected and predicted yesterday, we didn’t go test the 0.18$ before that the drop came back. We should go now in the direction of the lows on the STEEM. It is possible that we move in range between 0.18$ and 0.155$ before a break out in one direction. Let’s hope it won’t be a new drop and so a new low…

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Last Updates

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Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, September, 8th?

September 8, 2019 (updated September 8, 2019) Published by
  • Telegram Finally Releases Code for Its $1.7 Billion TON Blockchain ;
  • Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens ;
  • Bitcoin Price Near $10,500 as Ether and Other Altcoins Make Gains ;
  • Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypt ;
  • Confusion over Cryptojacking: reports say the technique is rising and falling ;
  • ? Daily Crypto Calendar, September, 8th?
  • STEEM Trading Update

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

? Telegram Finally Releases Code for Its $1.7 Billion TON Blockchain

Telegram’s blockchain project, TON, has entered the last preparation stage before going live.
The code for running a blockchain node was released on the test network portal late Friday. Now developers and community members interested in the messaging app provider’s blockchain can start kicking the tires of a full node, a validator node and the blockchain explorer.


The release had been previously scheduled for Sept. 1, according to the sources familiar with the project’s progress, but was delayed a few days for unclear reasons.

? Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens

French hardware wallets manufacturer Ledger announced that its cryptocurrency management software Ledger Live now supports Ethereum (ETH) ERC-20 tokens.


In a blog post published on Sept. 5, Ledger announced the version 1.14.0 of its Ledger Live software that now supports over 1,250 Ethereum-based ERC-20 tokens. The update has already been released for both mobile and desktop versions of the software.

? Bitcoin Price Near $10,500 as Ether and Other Altcoins Make Gains

Saturday, Sept. 7 — Bitcoin (BTC) is trading sideways after falling short of the resistance at $11,000 yesterday, while Ether (ETH) is making a slight recovery from its dip earlier this week


Market visualization. Source: Coin360

Bitcoin has been trading in a range around $10,400 today. Yesterday it appeared that the coin would finally cross the $11,000 mark, a price the cryptocurrency has not seen since Aug. 13, but it fell short and corrected down to $10,313. At press time the coin is trading at $10,521, up 1% on the day.

? Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto

Twitter and Square CEO Jack Dorsey stated that there are no plans for a platform-specific “Twitcoin” cryptocurrency, noting that he will instead focus on promoting Bitcoin (BTC).


Open standards are better
According to Australian news outlet The Sydney Morning Herald’s article published on Sept. 5, Dorsey is confident that Bitcoin is still the most likely candidate to beсome the internet’s native currency. Twitter CEO noted:
“I think open internet standards serve every person better than ones controlled or started by companies.”

? Confusion over Cryptojacking: reports say the technique is rising and falling

 It seems like everyone and their dog is a cryptojacker these days. Just a couple days ago, the US Department of Justice charged Paige Thompson, the ex-Amazon employee who hacked into hundreds of millions of customer accounts from credit card company Capital, with the crime.

Thompson was exploiting the computing services of cloud servers to mine crypto, making a tidy profit. 


And “cybergendarmes,” the French police’s crack cybersecurity team, just rumbled a hacking group that used a network of 850,000 computers to mine the cryptocurrency Monero, reports the BBC.  

It comes as no surprise, then, to hear that cybersecurity researchers from McAfee Labs just found that crypto-jacking campaigns have risen 29 percent, according to a report released this week.

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? Daily Crypto Calendar, September, 8th?

The Crypto School win burn 6000 TCS.

VEX (VEX/KRW, VEX/USDT) trading pairs. Deposits starting from Monday, 15:00 KST. Available for trading from Wednesday, 15:00 KST.

“Equal will be burning 12 million EQL in the third phase of the burn cycle.”

“Our new fee structure begins September 9th, and offers fee reductions for holding as little as 50 MTL…”

“On 9th September, Zilliqa and @Infinito_Ltd look forward to hosting a joint AMA .”

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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 doing a similar pattern than the BTC but I’m not sure that we will be able to go test the 0.18$. We drop litte bit too much compared to BTC (as it is often the case) and so that resistance level is still quiet far. If the BTC starts again to correct, I expect that we won’t test at all the 0.18$ resistance and that the drop will come back on the STEEM also.

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Last Updates

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Join this new Free To Play on the STEEM Platform !



? Daily Crypto News, September, 7th?

September 7, 2019 (updated September 7, 2019) Published by
  • Blockchain Startup DappRadar Raises $2.33M From Naspers, Blockchain.com ;
  • Ethereum’s Istanbul Hard Fork Implementation Delayed to Early October ;
  • The State of Security Token Regulations in Asia ;
  • Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own ;
  • How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business ;
  • ? Daily Crypto Calendar, September, 7th?
  • STEEM Trading Update

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

? Blockchain Startup DappRadar Raises $2.33M From Naspers, Blockchain.com

Lithuanian blockchain startup DappRadar, a platform for discovering and analyzing blockchain-based decentralized applications (DApps), announced it raised $2.33 million in seed funding.
$2.33 million to expand services 


On Sept. 5, DappRadar announced the closing of a $2.33 million seeding round, which was led by Naspers, a South African-based global internet and media group. Blockchain.com Ventures, a venture capital fund and subsidiary of Blockchain.com, and Angel Invest Berlin were also among the participants.

? Ethereum’s Istanbul Hard Fork Implementation Delayed to Early October

Ethereum’s testnet activation of the Istanbul hard fork has been pushed back to early October, according to the community manager of the Ethereum Foundation, Hudson Jameson.


According to CoinDesk on Sept. 6, Jameson said on a developers’ call that the testnet launch of the hard fork is now scheduled to take place in the beginning of October.

He added:


“For anyone listening in who doesn’t know how this works, we pick a block number that we estimate to be around the 2nd of October. […] However, that might be one or two days behind or forward from that date based on how fast blocks are produced between now and then.”

? The State of Security Token Regulations in Asia

Since the cryptocurrency boom and initial coin offering craze of 2017, many countries in Asia have taken steps to clarify their regulations surrounding cryptocurrencies and security tokens.


In this article, we focus on the three countries that have the clearest regulations in place regarding digital assets, though there is still more work to be done.

Click on this link to see updated regulations in Thailand, Hong-Kong and Singapore


? Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own

Chairman of the United States Federal Reserve Jerome Powell said that the United States Federal Reserve is monitoring digital currencies carefully, but not working on its own at the moment.
Speaking at a forum in Zurich, Switzerland, on Sept. 6, Powell addressed the issue of cryptocurrencies, arguing that central banks would likely will not release their own digital currency in the near future.

Powell added that cryptocurrencies raise a range of concerns including cyber security issues:
“If you think about one currency that was for the United States, it would really need to be cyber secure because it’s one thing to be able to counterfeit paper currency, it’s another thing to hack into a cyber currency and create, with a computer, however much of it you want.”

? How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

 The Takeaway:
Crypto lending startup Celsius raised $50 million in a token sale in 2018.


Lending volume has surged since then, with 10,415 Celsius users taking out fiat loans after locking in crypto collateral.


BitGo confirmed to CoinDesk that it held $1 billion worth of crypto deposits from Celsius over the past year.


CEL tokens are trading for roughly the same price today as they were last autumn, shortly after the token sale.


So far, Celsius says it has not been contacted by any regulatory body with concerns about CEL tokens.

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? Daily Crypto Calendar, September, 7th?

The announcement for Vexanium Dapps Competition 2019 winner!

“Deep reorg protection is coming. Testnet until end of August 2019. Mainnet September 6th 2019.”

“The event will be the first of the EXANTE series on DeFi, decentralized finance.”

Shanghai Blockchain Technological Innovation Summit from 9:00 – 17:00.

“Xensor will be listed in IDAX exchange on September 6th, 2019”

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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

Till now and also due to the BTC correction, the UP that we had yesterday is becoming a simple PUMP and DUMP. We almost lost all the UP of yesterday so yeah, just consider it as a false signal. I traced for you the low on the STEEM around 0.155$. It is really possible that we go touch it quiet soon. Let’s see if we will have a bounce on that level.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, September, 6th?

September 6, 2019 (updated September 6, 2019) Published by
  • China’s National Crypto Similar to Libra, Central Bank Official Says ;
  • Binance Launches Dollar-Backed Crypto Stablecoin With NYDFS Blessing ;
  • The State of Security Token Regulations in Asia ;
  • Blockchain, Cryptocurrency Not Proven Safe Havens Says Investor Mark Mobius ;
  • Someone Just Moved $1B in Bitcoin for $700 Fee, Overpaying 20 Times ;
  • ? Daily Crypto Calendar, September, 6th?
  • STEEM Trading Update

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

? China’s National Crypto Similar to Libra, Central Bank Official Says

A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token.


The English-language website of the Hong Kong Economic Journal reported the news on Sept. 6, citing prior coverage by Shanghai Securities News, which is owned by the official Chinese state-run Xinhua News Agency.
“We need to plan ahead for a rainy day”


Mu Changchun — deputy director of the People’s Bank of China (PBoC)’s payments department — has said that China’s digital currency will be supported across major e-payments platforms such as Tencent’s WeChat and Alibaba-backed Alipay.
The tokens will be guaranteed by the central bank and thus as secure as PBoC-issued paper notes and can be used without an internet connection, to ensure that transactions can continue even in the event that communications networks are down. 

? Binance Launches Dollar-Backed Crypto Stablecoin With NYDFS Blessing

Crypto exchange Binance is launching a dollar-backed stablecoin in the U.S.


Moreover, the new Binance USD (BUSD) has received the blessing of the New York Department of Financial Services (NYDFS). The exchange announced Thursday that NYDFS had approved the new offering, which Binance is launching in partnership with the Paxos Trust Company.


The Binance stablecoin will be backed by U.S. dollars on a 1:1 ratio, according to a press release. The offering joins the Paxos Standard and the Gemini Dollar as an NYDFS-approved stablecoin.


At launch, verified Paxos customers will be able to directly purchase BUSD tokens through the company’s wallet using either U.S. dollars or PAX, its own stablecoin. Binance users will likewise be able to trade BUSD for bitcoin, binance coin or XRP.

? The State of Security Token Regulations in Asia

Since the cryptocurrency boom and initial coin offering craze of 2017, many countries in Asia have taken steps to clarify their regulations surrounding cryptocurrencies and security tokens.


In this article, we focus on the three countries that have the clearest regulations in place regarding digital assets, though there is still more work to be done.

Click on this link to see updated regulations in Thailand, Hong-Kong and Singapore


? Blockchain, Cryptocurrency Not Proven Safe Havens Says Investor Mark Mobius

Mark Mobius, major investor and founding partner of Mobius Capital Partners, is still bearish on cryptocurrencies and blockchain technology… with some caveats.


Speaking on CNBC’s The Squawk Box this morning concerning emerging markets and safe-haven asset classes, Mobius said cryptocurrencies, like fiat, are backed by faith and only hold utility as far as others are willing to use them.


“The bottom line is there is a whole generation of people who have faith in the internet, they have faith in these cryptocurrencies…the degree to which a cryptocurrency can enable you to buy something and you believe that to be the case, then that’s fine.”


Mobius said a gold-backed cryptocurrency run on the blockchain would be of interest, however. “If there is a cryptocurrency that is really backed by gold and there is a meaningful agreement and some kind of modern thing connection, then this could be quite interesting,” he said.

? Someone Just Moved $1B in Bitcoin for $700 Fee, Overpaying 20 Times

A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees. 
Someone could have sent 94K BTC for $35


Social media users were guessing at the origin and destination of the funds on Sept. 6, which involved 94,504 BTC ($1.018 billion).


According to Twitter-based monitoring resource Whale Alert, the transaction did not involve known wallets or those belonging to a specific cryptocurrency-related organization, such as an exchange.
One theory suggested the funds may be tied to institutional trading platform Bakkt, which begins accepting client deposits today.
“Institutions

building inventory for their market-making needs going forward,” commented Max Keiser on the giant transaction. He added:
“This = effective ‘put’ on the BTC price at $9,000 (as I’ve been reporting for several yrs now). Ie, institutions are net-buyers of any BTC that shows up at $9k. Risk/reward now for buyers is excellent.” 

image.png

? Daily Crypto Calendar, September, 6th?

The announcement for Vexanium Dapps Competition 2019 winner!

“Deep reorg protection is coming. Testnet until end of August 2019. Mainnet September 6th 2019.”

“The event will be the first of the EXANTE series on DeFi, decentralized finance.”

Shanghai Blockchain Technological Innovation Summit from 9:00 – 17:00.

“Xensor will be listed in IDAX exchange on September 6th, 2019”

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Yesterday I was saying you that we need an increase of volume and volatility to break the support line at 0.18$. It happened only some hours after my article. The only negative point is that we are doing a pull back on this support line at 0.18$ but we already broke back the support. It is not a drama as this kind of pullback is not always precise but we must see in the coming hours a bounce from the levels at 0.18$ and see a UP continuation to validate this nice movement. If it is not the case, I’m afraid that this UP would have just been a pump and dump…

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Last Updates

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Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, September, 5th?

September 5, 2019 (updated September 5, 2019) Published by
  • UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’ ;
  • Bitcoin Short of Bull Target Despite Five Days of Price Gains ;
  • China’s Crypto Competitor Is Being Built in a Secret Office with Restricted Access ;
  • Square, Twitter CEO Jack Dorsey: Bitcoin ‘Not Functional as a Currency’ ;
  • Foundation Uses Blockchain and Crypto to Help Save the Brazilian Amazon ;
  • ? Daily Crypto Calendar, September, 5th?
  • STEEM Trading Update

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

? UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’

A top United Nations (UN) official said cryptocurrencies are making international efforts to combat terrorist financing, money laundering and cyber-crime “exceptionally difficult.”


Neil Walsh, chief of the Cybercrime and Anti-Money Laundering arm of the UN’s Office on Drugs and Crime, said that the anonymizing and pseudo-anonymizing attributes of cryptocurrencies provide a “new layer of secrecy that favors the criminals,” when speaking to the Australian Broadcasting Corporation’s Linda Mottram.


Specifically, Walsh raised concerns about the role cryptocurrencies play in the clandestine child trafficking industry.


“In the past, when we looked at some of the really big high-threat areas like kids getting abused online, it had to be paid for and now, with the use of cryptocurrencies, it’s exceptionally difficult for investigators to track that and try and manage that risk down,” Walsh said.

? Bitcoin Short of Bull Target Despite Five Days of Price Gains

View

Bitcoin’s five-day winning run, the longest in a month, has neutralized the short-term bearish view. A UTC close above the lower high of $10,956 created on Aug. 20 is needed for a bullish revival.

Volumes picked up on Tuesday, adding credence to Monday’s triangle breakout on the daily chart. So, a rise to $10,956 may be on the cards.

The probability of a move above $10,956 would weaken if the prices drop below key the crucial support at $10,286 on the hourly chart. Acceptance below that level could yield a deeper drop into four figures.

? China’s Crypto Competitor Is Being Built in a Secret Office with Restricted Access

The People’s Bank of China (PBoC) is charging full speed ahead with its digital currency plans, hoping to beat Facebook’s Libra to market.


A dedicated team from the central bank’s Digital Currency Research Lab is now developing the system in a closed-door environment, away from the PBoC’s downtown Beijing headquarters, a person close to the bank told CoinDesk. 


The team has been working in this separate location since early summer so they could fully concentrate on the project, this person said.


The work has been expedited as Facebook unveiled in June its vision for Libra, a global cryptocurrency to facilitate payments, the source added. 

? Square, Twitter CEO Jack Dorsey: Bitcoin ‘Not Functional as a Currency’

Square and Twitter CEO Jack Dorsey has said Bitcoin (BTC) will continue to be adopted more widely, but it is still too early to consider it a currency.


Make Bitcoin more usable and accessible as a currency


On Sept. 4, the outspoken Bitcoin advocate told the Australian Financial Review that he is convinced the No.

1 cryptocurrency will continue to be adopted more widely. However, Dorsey added:


“It’s not functional as a currency. The peaks and troughs are like an investment asset and are equivalent to gold. What we need to do is make it more usable and accessible as a currency, but it’s not there yet.”

? Foundation Uses Blockchain and Crypto to Help Save the Brazilian Amazon

Rainforest Foundation US is a New York-based, non-profit NGO working in Central and South America, which is now hoping to support anti-deforestation efforts with crypto and blockchain tech.

Deforestation and fires in the Brazilian Amazon

On Sept. 4, the Rainforest Foundation reached out to the crypto and blockchain community to ask for their support to fight against deforestation and forest fires in Brazil. The post on the foundation’s website states:

“Since Bolsonaro took office in January, deforestation in the Brazilian Amazon is up 75% and forest fires in the Brazilian Amazon have doubled compared to the past year. As guardians of our rainforests, its animals and its people, we are working with The Giving Block to form a coalition of crypto sponsors, donors and media partners who will help stop this devastation.”

The Rainforest Foundation says that it is accepting cryptocurrency donations in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and other cryptocurrencies.

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? Daily Crypto Calendar, September, 5th?

“SDF and the Blockchain Innovation Associates are teaming up for a Meetup in Manhattan on Thursday, September 5!”

“We’ll have good tech, good people, and good food – come get excited with us and learn how to build on our protocols!”

Team updates from the following divisions: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.

Casual Monolith community meetup at Hyde Park, Thursday 05 September, 06:30 PM.

“AMA on September 5th 09:00 AM GMT+7”

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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 has still difficulties to progress, even during the UP of the BTC. We are slowly progressing towards the resistance line at 0.18$. If we don’t have an increase of volume and volatility, we have no chanc at all to break this resistance line and we have a high risk of rejection during the test of this line. Let’s see if we will start to see more volume on the STEEM because currently is really low and without any volatility.

image.png

Last Updates

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Join this new Free To Play on the STEEM Platform !

Bitcoin Analysis: Key Areas to Watch and Targets

September 4, 2019 Published by

In today’s video we’ll discuss where bitcoin may be heading next, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/?workin2005/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

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