Tag: cryptocurrency

• Vitalik Buterin: Increasing Transaction Costs Risk Limiting Ethereum Adoption ;
• Facebook Libra Already Facing an EU Antitrust Probe: Report ;
• Pieter Wuille Unveils ‘Miniscript,’ A New Smart Contract Language for Bitcoin ;
• Messari Disclosures Registry Tops 50 Cryptocurrencies With 11 New Additions ;
• Bitcoin Price Drops by $700 in Minutes After Failing to Crack $11K ;
• ? Daily Crypto Calendar, August, 21st?
• STEEM Trading Update

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

? Vitalik Buterin: Increasing Transaction Costs Risk Limiting Ethereum Adoption

The increased cost of transacting on the ethereum blockchain is hurting the software’s adoption, says project creator Vitalik Buterin.

Speaking with the Toronto Star this week, Butertin suggested projects that are considering whether to build on the technology will likely be butted out as the blockchain is overloaded with transactions, or in his words “almost full.” (While a blockchain cannot ever be technically ‘full,’ Buterin’s comments indicate his current sentiment on the severity of the problem.)

Still, Buterin’s comments speak to his understanding of the difficulties ahead for the project, with major planned upgrades including Ethereum 2.0 and a switch to proof-of-stake consensus ahead.

He told the newspaper:

“If you’re a bigger organization, the calculus is that if we join, it will not only be more full but we will be competing with everyone for transaction space. It’s already expensive and it will be even five times more expensive because of us. There is pressure keeping people from joining, but improvements in scalability can do a lot in improving that.”

Ethereum’s seven-day transaction fee average, a measure of demand on the network, actually sits at a 50-day low, falling since July 1 to sit around 0.11 ether per transaction currently.

? Facebook Libra Already Facing an EU Antitrust Probe

Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.

A document seen by Bloomberg indicates that the European Commission is “currently investigating potential anti-competitive behavior” by the Libra Association. The report describes the document as a questionnaire suggesting the commission is concerned that Facebook’s planned digital payment system could unfairly lock out competitors.

The governance structure and membership of the Libra Association is apparently under scrutiny. A number of major companies including Mastercard and Visa have already signed loose agreements to partner with the Libra Association on the project.

? Pieter Wuille Unveils ‘Miniscript,’ A New Smart Contract Language for Bitcoin

Smart contracts could soon get a boost in bitcoin as prominent programmer Pieter Wuille has unveiled a new coding language designed specifically for their use.

Posted to the bitcoin developer mailing list Monday, the ‘Miniscript’ language aims to make it easier for programmers to write up “smart contracts” or conditions for spending bitcoins. Programmers Wuille, Andrew Poelstra and Sanket Sanjalkar have been working on the code for roughly a year, Wuille said.

Although it’s been shared around behind the scenes, Wuille said he is now posting it to the email list because it’s now it’s reached “a stage where I’d like to get it some more attention.”

Backing up a bit, “Script” is the smart contracting language in bitcoin, which allows users to specify certain conditions need to be met before the bitcoin can be spent. Say, funds are locked up until a certain time before they can be spent. Or, two people need to sign off on a transaction before the money can be moved, a concept called “multi-sig.”

This are how these rules are implemented in bitcoin’s Script:
OP_EQUALVERIFY OP_CHECKSIGVERIFY <144> OP_CSV OP_ENDIF

? Messari Disclosures Registry Tops 50 Cryptocurrencies With 11 New Additions

Eleven crypto projects announced Tuesday they had joined the Messari Disclosures Registry, including four top-100 projects by market cap: Cardano, Lisk, V Systems and Beam.

The new batch of crypto assets brings the total number of projects listed on the registry to 54. It launched with 12 projects in November 2018.

“The ability to find basic information on networks and their underlying tokens will be essential to responsible growth in the industry; and we’re thrilled to be working with such a great group to move the industry forward,” Ryan Selkis, Messari’s founder, told CoinDesk.

? Bitcoin Price Drops by $700 in Minutes After Failing to Crack $11K

Bitcoin (BTC) price faced fresh bearish sentiment Aug. 21 after a rejection of $11,000 sent markets tumbling hundreds of dollars in minutes..

$9K Levels on horizon for Bitcoin price

Data from Coin360 shows BTC/USD topping out at just under $10,900 before reversing. Hours later, a sudden loss of support saw the pair dip to below $10,100 before bouncing slightly higher*

? Daily Crypto Calendar, August, 21st?

• TRON (TRX)

“We will be breaking down the basics of blockchain and crypto in this interactive intro session at 301 Howard Street First Floor,SF.”

• Ethereum Classic (ETC)

“Come by to learn more about Ethereum Classic Labs’ accomplishments over the past year of advancing the Ethereum Classic technology…”

• Lisk (LSK)

“This Wednesday, we’re hosting a testing session with @TestessenBerlin for our wallets and website at the Atrium Tower offices.”

• Holo (HOT)

“We invite you to our DEV AMA on Telegram. When: 5pm EST Wednesday 21st August .”

• Veros (VRS)

“Launch of a campaign to attract international organizations from 67 countries in the field of wildlife protection, improvement of…”

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

Here is the current chart :

Today, we validated the testing of the resistance line at 0.18$ but we failed to break it and so we are currently having a rejection. Except if the BTC is starting a new correction, I think we should try soon to break this line again in the coming hours. The worst case would be that we go test the support line related to the previous low around 0.165$.

Last Updates

• ? Daily Crypto News, August, 20th ?
• ? Daily Crypto News, August, 19th ?
• ? Daily Crypto News, August, 16th ?
• ? Daily Crypto News, August, 14th ?
• ? Daily Crypto News, August, 13th ?
• ? Daily Crypto News, August, 12th ?
• ? Daily Crypto News, August, 8th ?
• ? Daily Crypto News, August, 7th ?
• ? Daily Crypto News, August, 6th ?
• ? Daily Crypto News, August, 5nd?
• ? Daily Crypto News, August, 2nd?
• ? Daily Crypto News, August, 1st?
• ? Daily Crypto News, July, 31st?

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• China Is Racing to Launch a Digital Currency Ahead of FB’s Libra ;
• World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds ;
• Crypto and Security Token Exchange INX to Raise $130 Million in Landmark IPO ;
• New York Court Rules That State Attorney Has Jurisdiction Over Bitfinex ;
• ‘Youngest Bitcoin Millionaire’ Willing to Stake it All on Metal Pay ;
• ? Daily Crypto Calendar, August, 20th?
• STEEM Trading Update

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

? China Is Racing to Launch a Digital Currency Ahead of FB’s Libra

The People’s Bank of China (PBoC) is almost ready to launch its government-backed digital currency, official sources say.

An Aug. 20 report from the CPC-owned English-language news portal China Daily further revealed that the central bank digital currency (CBDC) may have been influenced by the unveiling of Facebook’s planned cryptocurrency, Libra. 

‘Inspiration from Libra’

After five years of research and system development work since 2018, the PBoC is almost ready to launch its CBDC, the deputy director of the bank’s payments unit Mu Changchun revealed at a forum last week. 

Trials for the currency have been ongoing and the institution is reported to be testing multiple approaches for the project. If things proceed smoothly, the PBoC expects it could launch the currency sooner than Libra. 

The latter’s recent announcement is notably reported to have influenced the PBoC’s original design for its planned CBDC. 
Yang Dong — director of the Research Center of Finance Technology and Cyber Security at Renmin University of China — told China Daily that the announcement of Libra had sparked debate among Chinese regulators and motivated the project’s designers to involve more non-governmental institutions in the currency’s development and issuance process.

He stated:
“Further testing is needed before officially launching the Chinese CBDC, gaining inspiration from the Libra.”

? World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds

The World Bank has issued a second round of its landmark blockchain bonds.

The international financial institution raised another $50 million AUD ($33.8 million U.S.) by selling the “blockchain-operated debt instrument” (bond-i), according to Commonwealth Bank of Australia (CommBank), which managed the sale jointly with RBC Capital Markets and TD Securities.

Both new and existing investors participated, CommBank said.

All told, the World Bank has issued $160 million AUD ($108 million U.S.) of these bonds, which run on a private version of the ethereum blockchain. It is “the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger technology,” according to CommBank.

“We are happy to see the continued, strong support and collaboration from investors and partners,” Andrea Dore, the World Bank’s head of funding, said in a press release. “The World Bank’s innovation and experience in the capital markets is key to working with our member countries to increase digitization to boost productivity in their economies and accelerate progress towards the Sustainable Development Goals.”

? New York Court Rules That State Attorney Has Jurisdiction Over Bitfinex

The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex.

According to a court filing on Aug. 19, this will allow the NYAG to continue its investigation of the exchange over allegations of fraud and misleading investors. 

In the filing, Judge Joel Coehn dismissed a motion by Bitfinex to terminate an action by the NYAG that would prosecute Bitinex under a New York law — the Martin Act. The NYAG originally alleged that Bitfinex and associated stablecoin firm Tether covered up an $850 million loss and in doing so, misled investors in the state of New York.

The allegations have resulted in a protracted legal battle between Bitfinex and state prosecutors, with the exchange claiming that it spent $500,000 and hired over 60 lawyers in order to comply with documentation requests by the NYAG.

? Crypto and Security Token Exchange INX to Raise $130 Million in Landmark IPO

INX Limited, a crypto exchange startup, plans to raise up to $129.5 million through an IPO, in the first security token sale registered with the U.S. Securities and Exchange Commission (SEC).

No, that’s not a typo for “ICO,” the initial coin offerings that tested the limits of securities law during the go-go days of 2017. IPO means IPO here: INX, which is domiciled in Gibraltar, filed a draft F-1 (the SEC’s prospectus form for foreign issuers) with the agency on Monday and will market the tokens to retail and institutional investors through the initial public offering. 

As such, it’s a major milestone since to date, token sales have been unregistered. Some issuers confined their marketing to wealthy investors so they’d be exempt from the registration requirement and filed notices with the SEC. Most didn’t even bother to tell the regulators what they were up to, and over the last year, the agency has brought a slew of cases against ICO teams for illegally selling unregistered securities.

? ‘Youngest Bitcoin Millionaire’ Willing to Stake it All on Metal Pay

Metallicus, the startup behind the peer-to-peer payments platform Metal Pay, received an undisclosed angel investment from the youngest bitcoin millionaire, Erik Finman.

In partnership with Metal Pay CEO Marshall Hayner, the two look to develop the first “all-in-one” cryptocurrency banking platform, which includes a 17 digital asset exchange, a digital bank and a payments application with social features similar to Venmo.

Founded in September, Metal Pay has processed approximately $11 million in total payments from nearly 130,000 registered users across 38 states. On a monthly basis, the company processes $1 million in crypto or fiat for around 30,000 active users, according to Hayner.

Finman staked a modest amount of bitcoin to finance the development of the banking and exchange ecosystem, he said, which currently holds approximately $2 million in crypto and fiat on the platform. Though Finman is willing to put in his entire “400 something” bitcoin fortune to fund Metal Pay’s growth, the 20 year old told CoinDesk.

“We’re looking to beat bitcoin,” Finman said.

? Daily Crypto Calendar, August, 20th?

• Wanchain (WAN)

Validators and delegators can begin participating in WAN staking.

• NEO (NEO)

Da Hongfei unveils NEO’s next development journey at a meetup in Berlin from 6:30 – 9:00 PM.

• DADI (DADI)

Earning automation is the point at which payouts move to fully automated.

• TomoChain (TOMO)

We’re happy to announce that TomoZ mainnet will be live at 3 pm GMT +8 on 20th Aug 2019.

• Harmony (ONE)

“The trading will open at UTC 4:00, August 20th .”

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

Here is the current chart :

We are currently testing the resistance line at 0.18$ but till now we are not able to break it. Most of the altcoin are not doing a so big UP with the bounce from the BTC so I don’t expect that STEEM will do better. We need a second bigger UP on the BTC to help us to break that resistance line and confirm that the low at stort term has been touched on the STEEM.

Last Updates

• ? Daily Crypto News, August, 19th ?
• ? Daily Crypto News, August, 16th ?
• ? Daily Crypto News, August, 14th ?
• ? Daily Crypto News, August, 13th ?
• ? Daily Crypto News, August, 12th ?
• ? Daily Crypto News, August, 8th ?
• ? Daily Crypto News, August, 7th ?
• ? Daily Crypto News, August, 6th ?
• ? Daily Crypto News, August, 5nd?
• ? Daily Crypto News, August, 2nd?
• ? Daily Crypto News, August, 1st?
• ? Daily Crypto News, July, 31st?

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• Santander to Connect Latin America to Ripple-Powered Remittance Service ;
• Alive, Thriving and Totally Unauthorized: Inside the Underground Market for Telegram’s Cryptocurrency ;
• Binance Reveals ‘Venus’ — Its Own Project to Rival Facebook’s Libra ;
• Bitcoin Price Bullish Wedge Forms Pointing to $11K
• Crypto Wallet ZenGo Now Supports Facebook’s Libra Testnet ;
• ? Daily Crypto Calendar, August, 19th?
• STEEM Trading Update

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

? Santander to Connect Latin America to Ripple-Powered Remittance Service

Spanish megabank Santander Group is expanding its use of Ripple’s technology.

The bank is building a “payment corridor” that would let customers in Latin America send money to the U.S. instantly for free via One Pay FX, a mobile app that uses Ripple’s xCurrent software, officials told CoinDesk.

Currently, only customers in the U.K. and Spain can send money to the U.S. over One Pay FX. While the bank would not reveal how many Latin American countries it plans to connect to the corridor, Santander serves Brazil, Uruguay, Chile and Mexico.

Like Santander’s DLT efforts to date, the new payment capability will not involve XRP, the cryptocurrency that Ripple periodically sells to fund operations and that powers its separate xRapid product.

Last year, Santander introduced One Pay FX in four countries that account for more than half the bank’s profits: Spain, the U.K., Brazil and Poland.

? Alive, Thriving and Totally Unauthorized: Inside the Underground Market for Telegram’s Cryptocurrency

The Takeaway:

Telegram’s long-awaited blockchain, Telegram Open Network, is said to be scheduled to launch Oct. 31, but the yet-to-be-issued gram tokens are already trading in an unauthorized secondary market.

Telegram has yet to publicly or formally acknowledge the project, but investors in last year’s $1.7 billion token offering, widely publicized in the press, are selling their gram allocations via OTC desks, exchanges and special-purpose vehicles.

Purchasing tokens this way might be risky, investors warn, as Telegram specifically prohibited investors from re-selling their allocations under penalty of terminating the purchase contract.
Secondary buyers may end up with nothing.

? Binance Reveals ‘Venus’ — Its Own Project to Rival Facebook’s Libra

Top cryptocurrency exchange Binance is launching an open blockchain project “Venus” focused on developing localized stablecoins worldwide.

In an announcement published today, Aug. 19, the exchange argues it is well-positioned to launch such a currency ecosystem in light of its existing public chain technology, Binance Chain, wide user base and already established global compliance measures.

Leveraging existing know-how

The exchange says it is seeking partnerships with governments, corporations, technology firms, and other cryptocurrency and blockchain projects in order to develop a new currency ecosystem that will empower both developed and developing countries

? Bitcoin Price Bullish Wedge Forms Pointing to $11K, Says Trader

Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading. 

Bitcoin price builds on $10K support

Data from Coin360 revealed Bitcoin challenging $11,000 in morning trading as Monday delivered almost 5% gains.
Markets appeared to be reacting to news cryptocurrency exchange Binance was planning to release its own version of Facebook’s Libra digital currency, in what is also a direct response to China’s central bank.
At press time, BTC/USD was circling $10,650, capping daily gains of 4.9%, while weekly progress still totalled 5.5% losses.

? Crypto Wallet ZenGo Now Supports Facebook’s Libra Testnet

On Aug. 18, the developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that their app now supports Facebook’s Libra testnet.

Experimenting with Libra

According to the announcement, now users “can send and receive Facebook’s new cryptocurrency, Libra, just like any other cryptocurrency in ZenGo.” The developers also noted that the “testnet funds don’t hold any real value and are only for testing purposes.” The post explains:

“If you would like to experiment with Libra, you can turn on Libra testnet from the Account tab in the wallet. Once you turn on the feature, make sure your wallet is backed up, and we’ll send you your first Libra. Facebook is developing its own wallet Calibra, but it’s not publicly available yet. When it does become available it will be a custodial wallet, meaning that Facebook will have full control over the funds stored in it. But that will not be the only option. That’s why we’re offering Libra in ZenGo a non-custodial that people will have the option to choose.”

? Daily Crypto Calendar, August, 19th?

• Xensor (XSR)

Xensor will be listed in Bithumb Global exchange on August 19, 2019.

• Chainlink (LINK), General Event (CRYPTO), Ethereum (ETH), POA Network (POA), iExec RLC (RLC), Streamr DATAcoin (DATA), Waves (WAVES)

Web3 Summit is organized around a single rallying call: to facilitate a fully functional and user-friendly decentralized web.

• Vexanium (VEX)

“We’re going to launch Vexanium Whitepaper 2.0 (Bahasa & Mandarin) on 19th August 2019.”

• Hydro (HYDRO)

“Big news coming this Monday for Project Hydro!”

• Factom (FCT)

“PegNet Mining goes live Monday August 19th 17:00 UTC!”

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

Here is the current chart :

Nothing really new for the STEEM, as the BTC, the moves are very limited and we didn’t even touched the resistance line at at 0.18$. We are closed of it so I would be really interested to see if we can try to break it or not. The worst scenario would be a touch on that line foloowed by a new drop. Let’s hope it won’t happen.

Last Updates

• ? Daily Crypto News, August, 16th ?
• ? Daily Crypto News, August, 14th ?
• ? Daily Crypto News, August, 13th ?
• ? Daily Crypto News, August, 12th ?
• ? Daily Crypto News, August, 8th ?
• ? Daily Crypto News, August, 7th ?
• ? Daily Crypto News, August, 6th ?
• ? Daily Crypto News, August, 5nd?
• ? Daily Crypto News, August, 2nd?
• ? Daily Crypto News, August, 1st?
• ? Daily Crypto News, July, 31st?

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• Cardano Founder Charles Hoskinson Announces Upcoming Release of v1.6 ;
• Barclays Is No Longer Banking Coinbase ;
• SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security ;
• Dallas Mavericks Become Second NBA Team to Accept Bitcoin ;
• European blockchain company Bitfury launches artificial intelligence unit ;
• ? Daily Crypto Calendar, August, 14th?
• STEEM Trading Update

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

? Cardano Founder Charles Hoskinson Announces Upcoming Release of v1.6

Charles Hoskinson, a co-founder of the Ethereum Network and current CEO of IOHK, has announced that IOHK-created project Cardano is rolling out version 1.6 within a few days’ time.

Hoskinson teased the upcoming launch in a Twitter post on Aug. 13. Hoskinson also asked users to send screenshots and comments on the latest version of Daedalus, which is an open source cryptocurrency wallet also backed by IOHK.

As per IOHK’s website, Cardano is a blockchain platform that uses the proof of stake algorithm Ouroboros. Its native cryptocurrency, ADA, is based on the functional programming language Haskell. Daedalus, for its part, is the only cryptocurrency wallet that supports ADA. Additionally, the website states that Daedalus can also be used as a wallet manager to organize and provide backup for other wallets and their assets.

A new project for Hoskinson

As previously reported by Cointelegraph, Hoskinson announced during the blockchain conference Consensus 2019 that he would be working on a new project with the security token platform Polymath. The project is called Polymesh, and is reportedly an attempt to create a blockchain for tokens centered on meeting regulatory requirements.

In the announcement, Hoskinson said:
“After co-founding Ethereum and Cardano, two of the most widely used blockchains in the world, I am looking forward to working on Polymesh. There are quadrillions of dollars of financial securities, and building a blockchain to secure them is an incredibly exciting task.”

? Barclays Is No Longer Banking Coinbase

The most prestigious banking relationship in crypto has ended.

Barclays, the London-based global bank, is no longer working with cryptocurrency exchange Coinbase, industry sources told CoinDesk. And while Coinbase found a replacement in U.K. upstart ClearBank, according to people familiar with the situation, the change has indirectly inconvenienced the exchange’s users.

That’s because, aside from the cachet of working with a household-name bank, Barclays connected San Francisco-based Coinbase to the U.K. Faster Payments Scheme (FPS), enabling users to instantly withdraw and deposit British pounds at the exchange. The end of the relationship disrupted Coinbase’s access to FPS – which in turn slowed deposits and withdrawals in GBP for U.K. customers, which now take days to process.

The situation is temporary, though, thanks to Coinbase’s new relationship with ClearBank. One of the U.K. “challenger banks” that have sprouted up in recent years to compete with market incumbents, ClearBank is expected to restore Coinbase’s FPS access by the end of the third quarter.

Barclays, ClearBank and Coinbase all declined to comment.

? SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security

The Takeaway:

A new amended complaint against Ripple draws on the SEC’s framework for digital assets to outline how XRP might be a security – likely the first federal case to do so.

The filing also cites California advertising law, in addition to federal securities law, to argue that investors were misled by Ripple’s promotion of XRP.

While the case is a year old and has not yet received class-action status, the new complaint is the first that Ripple must respond to with a substantive answer.

Ripple has until mid-September to file its response.

? Dallas Mavericks Become Second NBA Team to Accept Bitcoin

The Dallas Mavericks have become the second NBA team to accept Bitcoin (BTC) as a means of payment for match tickets and merchandise.

A tweet from cryptocurrency payment processor BitPay confirmed the news on Aug. 13. 
Mavs’ billionaire owner is a crypto enthusiast

Cryptocurrency adoption has been on the horizon for the Mavs since early last year, when team owner and billionaire tech investor Mark Cuban hinted that fans would soon be able to use Bitcoin to buy tickets to the team’s games.

A year and a half later, Cuban’s plans have materialized and the Mavs join their NBA rivals, The Sacramento Kings, in rolling out cryptocurrency access for their fans. 

? European blockchain company Bitfury launches artificial intelligence unit

European blockchain company The Bitfury Group, valued recently at more than $1 billion, has launched its artificial intelligence (AI) division, the company’s top official told Reuters in an interview.

The AI division will operate alongside Bitfury’s existing blockchain services and remain part of the company.Bitfury is one of a handful of blockchain companies around the world with at least a $1 billion valuation. That list includes Coinbase, a U.S.-based exchange, and China’s Bitmain, the largest cryptocurrency mining firm in the world.

Valery Vavilov, chief executive officer and co-founder of Bitfury, said the need to analyze and extract value from tons of available data drove the company to go into artificial intelligence, that branch of computer science that emphasizes the creation of intelligent machines that act and behave like humans.

? Daily Crypto Calendar, August, 14th?

• Harmony (ONE)

“BitMax will enable margin trading for ONE (3X) under the pairs of ONE/USDT, ONE/BTC at 10:00 AM EDT, Aug 14th, 2019.”

• UTRUST (UTK)

Second mainstream merchant, Phone House, joins UTRUST family.

• Selfkey (KEY)

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

• Chainlink (LINK)

“If you’re around the Phoenix area, join Chainlink ambassador Cole Gendreau who is hosting a meetup on Wed August 14th at 6PM (MST)!”

• General Event (CRYPTO)

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

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

Here is the current chart :

So yesterday, we have been rejected from the pink mobile line (MMA50). It was already a bad sign for the short trend and it is confirmed today by the drop which is back. We should try to go test the previous low around 0.175$. Let’s see if it will hold us or not.

Last Updates

• ? Daily Crypto News, August, 13th ?
• ? Daily Crypto News, August, 12th ?
• ? Daily Crypto News, August, 8th ?
• ? Daily Crypto News, August, 7th ?
• ? Daily Crypto News, August, 6th ?
• ? Daily Crypto News, August, 5nd?
• ? Daily Crypto News, August, 2nd?
• ? Daily Crypto News, August, 1st?
• ? Daily Crypto News, July, 31st?

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• Trump’s Currency War With China Could Be Bitcoin’s Do-or-Die Moment ;
• Justin Sun: Tron’s Listing on Major US Exchange Is #1 Priority ;
• ? SteemMonsters Statistics & Big Datas ? ;
• China’s Digital Currency Is Ready, Central Bank Says ;
• Steemit Statistics & Big Datas: ? End of July 2019 Update ?
• ? Daily Crypto Calendar, August, 12th?
• STEEM Trading Update

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 !

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

? Daily Crypto Calendar, August, 12th?

• Particl (PART)

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

• Bitcoin Cash (BCH), General Event (CRYPTO), Decred (DCR),Hercules (HERC), Skrumble Network (SKM)

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

• WAX (WAX)

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

• Zilliqa (ZIL)

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

• Pundi X (NPXS)

“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.”

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

Here is the current chart :

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.

Last Updates

• ? Daily Crypto News, August, 8th ?
• ? Daily Crypto News, August, 7th ?
• ? Daily Crypto News, August, 6th ?
• ? Daily Crypto News, August, 5nd?
• ? Daily Crypto News, August, 2nd?
• ? Daily Crypto News, August, 1st?
• ? Daily Crypto News, July, 31st?

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