🗞 Daily Crypto News, July, 23rd💰

  • Tron Founder Justin Sun Postpones Lunch With Warren Buffet ;
  • German Regulators Approve $280 Million Ethereum Token Sale ;
  • Bakkt Is Scheduled to Start Testing Its Bitcoin Futures Contracts Today ;
  • 🔫 DrugWars Last Update’s Guide ! 🔫 ;
  • Bitfinex and Tether Double Down on Claim of No Customers in New York ;
  • 📑 Daily Crypto Calendar, July, 23rd💰
  • STEEM Trading Update

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

🗞 Tron Founder Justin Sun Postpones Lunch With Warren Buffet

Justin Sun’s hotly-anticipated lunch with billionaire investor Warren Buffett has been postponed, the Tron Foundation announced Monday.


Sun has fallen ill with kidney stones, the foundation said on Twitter. The parties have “agreed to reschedule at a later date.”
The lunch, scheduled for July 25, was the prize for winning a charity auction. Sun bid $4.6 million earlier this year and seemingly intended to introduce the notoriously crypto-skeptical Buffett to a number of influential figures in the space.

🗞 German Regulators Approve $280 Million Ethereum Token Sale

Fundament, a blockchain startup coming out of stealth mode, has received the green light to issue the first tokenized real-estate backed bond that can be widely offered to individual investors.


Announced Tuesday, the Berlin-based firm has obtained approval from Germany’s financial regulator, BaFIN, for the 250 million euro ($280 million) offering. By virtue of being regulated, the token will be open to any retail investor anywhere with no minimum investment restriction. 


In other words, someone in, say, Indonesia will be able to buy 100 euros worth of ethereum tokens and thereby indirectly invest in German commercial property.


A BaFin representative told Coindesk:
“We can confirm that we granted approval for a Fundament Group prospectus. It has indeed been the first time we have approved a prospectus regarding blockchain-based real estate bonds, but not the first time in respect to blockchain technology as such.”

🗞 Bakkt Is Scheduled to Start Testing Its Bitcoin Futures Contracts Today

Bitcoin futures platform Bakkt is scheduled to begin testing its new contracts Monday.


Nearly a year since revealing its ambitious vision, Intercontinental Exchange (ICE) is still waiting on regulatory approvals to take the platform live. Still, despite having to delay its new market multiple times, the parent of the New York Stock Exchange is moving forward with plans to offer potentially the first physically-settled bitcoin futures in the U.S.


Bakkt announced in May that it would begin testing its bitcoin futures contracts in July, later firming up a July 22 test date.


It will apparently be testing two different types of contracts Monday: a daily and a monthly contract. Bakkt aims to list the futures, which would be traded through ICE Futures U.S. and cleared through ICE Clear U.S., the parent company’s clearinghouse.

🗞 🔫 DrugWars Last Update’s Guide ! 🔫

As most Drugwars players are aware, there has been a few updates to the game, I will try to guide you through them in this post, if you have any question, feel free to comment and I will do my best to answer your questions.

Map and Base system

With this new update, we understood that we will be playing from now on on a DW “World Map”.

map2.jpg

Once you decided to settle in a territory, you could access this view where you can see other people’s bases. Gang name has been added when you click on a specific base

More information Following this link to my post: https://steemit.com/drugwars/@vlemon/drugwarslastupdatesguide-j6mkcqgp5z

🗞 Bitfinex and Tether Double Down on Claim of No Customers in New York

Lawyers for Bitfinex and Tether, in the course of an ongoing case against the New York Attorney General (NYAG), submitted multiple fillings on July 22 alleging that the companies never served customers within New York. 


In one filing, attorney Stuart Hoegner noted the provision in Bitfinex’s terms of service that require that customers that transact be foreign entities:


“Under Bitfinex’s and Tether’s Terms of Service, Eligible Contract Participants (“ECPs”) that transact with Bitfinex or Tether must be foreign entities. Although those foreign entities may have shareholders or personnel who reside in, or otherwise have contact with, the United States or New York, Bitfinex’s and Tether’s customers are the foreign entities themselves … Bitfinex and Tether do not transact with any New York ECPs.”

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📑 Daily Crypto Calendar, July, 23rd💰

Mining Disrupt Conference at DoubleTree Hilton Hotel in Miami from July 23-24.

ZEN 2.0.18 deprecation is at block #555555, which will occur around the 23rd of July.

Doge Token (DOGET) will be listed on TXBIT.io on July 23rd (Tuesday).

“Matthew Finestone will talk about DeFi, DEX and will present Loopring,” at Crypto in Montreal from 5:15 – 7:15 PM.

“Join us on July 23rd at 2PM UTC for an AMA with LTO network , CEO Rick Schmitz and Tech lead Arnold Daniels in the Trust Wallet Telegram.”

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STEEM Trading Update by my friend @cryptopassion

Here is the current chart :

STEEMUSD.jpg

The STEEM is in waiting mode since days, just sitting little upper than the support line at 0.24$. We are waiting a decision about the next BTC direction and that support line in red won’t hold us for sure if we have a correction on the BTC. So yeah I’m afraid that we are not yet on the low on the STEEM… let’s see, we should see the next move on the BTC in the coming hours.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

🗞 Daily Crypto News, July, 22nd💰

  • Bank of America Files Patent for Settlement System Citing Ripple ;
  • Libra’s Biggest Problem ;
  • Number of Crypto Notables on Buffett Lunch Guest List Grows ;
  • 🔫 DrugWars Last Update’s Guide ! 🔫 ;
  • Using the Awesome Oscillator to Find Bitcoin Buy and Sell Signals ;
  • 📑 Daily Crypto Calendar, July, 22nd💰
  • STEEM Trading Update

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

🗞 Bank of America Files Patent for Settlement System Citing Ripple

Bank of America has filed for a patent for a settlement system citing the Ripple ledger, according to a filing on Google Patents.


The patent in question — the application of which was published on June 6 — describes a system using distributed ledger technology (DLT) as an interbank communication tool. The proposed system would enable real-time settlement with transactions being communicated through a shared, decentralized ledger to which both the banks would have access.


The decentralized network would both verify the identity of the payer and the payee and enable communication between the institutions. Notably, multiple illustrations included in the patent explicitly cite Ripple DLT. Ripple’s base asset and proposed settlement gateway asset XRP is not mentioned in the patent.

🗞 Libra’s Biggest Problem

Among the barrage of commentary accompanying the Libra circus on Capitol Hill last week was a single short tweet from lawyer Marco Santori that summed up the core problem confronting Facebook’s cryptocurrency project – and, for that matter, any corporate-led effort of its kind.

To understand why Facebook and its 27 Libra partners are in this dilemma, let’s go back to bitcoin’s roots – to the core problem Satoshi Nakamoto sought to solve. It’s right there in the sub-headline of the famous white paper: “electronic cash.”

Satoshi was following a Cypherpunk dream. He/she or they wanted to bring privacy to digital payments, to translate the offline experience of cash transactions into the online realm. The idea: that a user needn’t prove their identity to execute a transaction with anyone else on the Internet – just as there’s no need for me to show a document proving that I’m Michael Casey every time I hand over some dollar notes to someone.

🗞 Number of Crypto Notables on Buffett Lunch Guest List Grows


Justin Sun, the founder of Tron and winner of the annual auction for a lunch with renowned investor Warren Buffett, has invited more notable figures from the crypto industry to attend. 


Earlier today, July 21, Sun invited the founder and CEO of trading platform eToro, Yoni Assia, to the lunch with the chairman and CEO of Berkshire Hathaway via tweet. Assia quickly responded saying, “Justin, it is my honor to join you for lunch with @WarrenBuffett. A big step for bridging between the traditional finance world and the new one!”


Yesterday, Sun invited the head of the Binance Charity Fund, Helen Hai. Hai reportedly responded within minutes and said the luncheon would be an opportune chance to discuss cryptocurrency and philanthropy. Binance Charity is the philanthropic arm of cryptocurrency exchange Binance. 

🗞 🔫 DrugWars Last Update’s Guide ! 🔫

As most Drugwars players are aware, there has been a few updates to the game, I will try to guide you through them in this post, if you have any question, feel free to comment and I will do my best to answer your questions.

Map and Base system

With this new update, we understood that we will be playing from now on on a DW “World Map”.

map2.jpg

Once you decided to settle in a territory, you could access this view where you can see other people’s bases. Gang name has been added when you click on a specific base

More information Following this link to my post: https://steemit.com/drugwars/@vlemon/drugwarslastupdatesguide-j6mkcqgp5z

🗞 Using the Awesome Oscillator to Find Bitcoin Buy and Sell Signals

Few trading tools are as simple and as elegant as the “Awesome Oscillator.”


First developed by American trader Bill Williams, the aptly named Awesome Oscillator (AO) is a momentum indicator that takes advantage of an immediate trend. The AO plots its data using a histogram, similar to how the MACD histogram functions, in that it delivers a buy and sell signal when the bars pass above or below the neutral 0 line.


But that is just one of its main features, the others involve taking stock of an asset’s momentum as well as any immediate change noticed via patterns on the histogram (more on that later).

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📑 Daily Crypto Calendar, July, 22nd💰

“… Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US.”

DApps (Decentralized Applications) Development Competition, which is organized by Vexanium Foundation.

“Tritium Main Net is scheduled to begin security audits with ISE on July 22nd, 2019. Once complete, we will announce an official release…”

“VeChainThor upgrade v1.1.2 will be activated on the mainnet at block #3,337,300 (~ Mon, 22 Jul 2019 06:00 UTC).”

FABRK X Harmony Meetup in Seoul from 19:00 – 20:30.

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Last Updates

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Play on a fair STEEM CryptoGaming website !

Join this new Free To Play on the STEEM Platform !

Unusual Options Activity In Micron Technology

Taiwan Semiconductor Manufacturing Company (TSM) is the world’s largest foundry, meaning they manufacture semiconductors.  This past Thursday they beat analyst estimates for sales for the quarter, but more importantly signaled a rebound from the current chip down cycle.

Memory chipmaker Micron Technology (MU) reported better-than-expected earning, increased its DRAM (dynamic random access memory) industry demand growth outlook for 2019 and say it expects demand to recover in the second half.

I’m no genius, but clearly these are clues that the semiconductor sector might be bottoming.  And what’s funny about making money investing in stocks, you don’t have to be a genius, just need to be able to connect the dots.  And if you can’t connect the dots, just follow what the Smart Money does because they have information at their disposable that you and I can only dream about.

On Friday, I noticed unusual options activity in Micron Technology. What’s interesting is these options are short dated, meaning they are going to expire soon.  What’s more interesting is these options only become profitable if and when Micron’s stock increase $10 or 22% over the next four weeks, meaning the Smart Money bought a little over 14,000 of the August 30th call options with a strike price at $55.

If the Smart Money is right, these call options have the potential to increase 5X. Will the Smart Money be right, stay tuned.

NOTE: funny how the strike price lines up with the monthly supply at $55.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

🔫 DrugWars Last Update’s Guide ! 🔫

Dear Steemians,

As most Drugwars players are aware, there has been a few updates to the game, I will try to guide you through them in this post, if you have any question, feel free to comment and I will do my best to answer your questions.

I think everybody figured out a way to settle their Primary base in order to continue playing.

The easiest way was to click under your avatar to find a spot to settle.

Map and Base system

With this new update, we understood that we will be playing from now on on a DW “World Map”.

map2.jpg

Once you decided to settle in a territory, you could access this view where you can see other people’s bases. Gang name has been added when you click on a specific base

🔫 Useful information 🔫

Bases

  • You can only develop 5 new bases with this new “Occupation Troop”. In the future, you might be able to have some more (around 5) but you will need to pay to have them
  • As the game is today, nobody can steal your base

New Occupation Troop

This is the troop you will need to train in order to settle and create a new base

New troop “moves”

  • Occupy: To colonise a new base. You will start from scratch with this new one
  • Transport: To transport ressources from one base to another, useful to give a boost to your new settlements
  • Station: As it is called, it is to station your troops at another base. Your troops WILL participate at any fight against this base. Useful information: When a fight happens, the owner of the base will have priority over troop losses

Storage Capacity

  • The storage system changed. Until July, 25th it will stay the same except if you increased your storage capacities
  • The new system is going to be 15% of the total capacity compared to 25% before, nevertheless the total capacity of your storage building has been multiplied by 3-4x meaning that the new Safe is 2.5*3x higher than previously

Buildings

  • HQ is specific to the base as the Training Facility and all production storage buildings
  • The level of trainings you researched are common for all your troops even the one hired in a different base than the Primary
  • Pantheon level is also common to the account and not to a specific base

🔫 New Upcomings 🔫

  • More developed GangWars
  • A through tutorial for beginners
  • a WikiDrugWars to access all needed information
  • Cards with possibility to trade some
  • New Units
  • Token Listing
  • Fixing Bugs, I understand players’ frustration but do not forget the FutureShock team is small and is doing its best
  • Much more…

🔫 To conclude 🔫

I think this update is EXACTLY what I was waiting for, the game is going to be much more strategic and less about farming inactive players.

I understand that these changes should have been better explained and that there are numerous issues to fix.

Going forward, I will work with @hightouch to bring some insights to players in order for all of us to take adequate decisions and strategies.

Please do not hesitate to comment under this post for any bug / questions you have.

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Play on a fair STEEM CryptoGaming website !

July 30-31…Decision Day

Generally, a Federal Reserve rate cut is very well-received by the stock market, especially if it’s done during a growing economy.

In fact, there have been six such rate cuts since 1971, and the stock market has rallied after every single one. On average, the stock market has risen 9.7% in the three-month period following a non-recession rate cut. If a similar outcome were to happen now, it would indeed send stocks to new highs.

Source

Image result for fed powell

In December, Powell said the Fed’s program to reduce the bond holdings on its balance sheet was on “autopilot.” Powell later went on and raised short-term rates another one-quarter percent. The Markets didn’t like what Powell said and showed him by tanking.

In early January, during a round table with Janet Yellen and Ben Bernanke, Powell said, there is no preset path for raising rates or adjusting the balance sheet. The Markets like what he had to say, eventually climbing 10%.

Then in late January, Powell said the case for raising rates has weakened somewhat. In addition, Powell made it very clear to the Markets and used the word “patient” eight times in his speech regarding hiking interest rates.

The FOMC meets on July 30 and 3 where they will announce, no rate cuts, 25 basis point rate cut or 50 basis point rate cut. If Powell cut rates by 50 basis point, we will see new all time highs within weeks. Anything other then that and we may see a sell off.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

🗞 Daily Crypto News, July, 19th💰

  • China Ruling Bitcoin is Property Again Is ‘Major Milestone,’ Says Investor ;
  • Privacy Cryptocurrency Zcash Prepares for ‘Friendly’ Fork ;
  • Bitcoin Price Jumps $1K in 30 Minutes to Top $10,000 Again ;
  • Jamie Dimon Says Libra Does Not Pose a Threat in Short Term ;
  • Steve Wozniak Co-Founds Blockchain-Based Energy Saving Firm in Malta ;
  • 📑 Daily Crypto Calendar, July, 19th💰
  • STEEM Trading Update

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

🗞 China Ruling Bitcoin is Property Again Is ‘Major Milestone,’ Says Investor

Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments.


A watershed for Bitcoin in China


According to investor Dovey Wan, who linked to local media coverage, the Hangzhou Internet Court formally described Bitcoin as virtual property on July 18. 


The second such court to attribute property status to Bitcoin, the ruling came about as part of a dispute between a now-defunct exchange and one of its users who lost funds. 


For Wan, the case marks a significant watershed for Bitcoin in China, where a blanket ban on trading it has been in place since September 2017. 

🗞 Privacy Cryptocurrency Zcash Prepares for ‘Friendly’ Fork

In about five hours, the privacy-oriented cryptocurrency Zcash will spawn a new blockchain network called Ycash.


It’ll be the first of its kind to boast a near-identical codebase to the Zcash blockchain but function as a separate network and de facto competitor.


First announced in April, the effort is spearheaded by long-time Zcash supporter Howard Loo. Loo described in a Zcash forum post that Ycash was a preemptive move to resist future community decisions that may extend Zcash’s system of developer funding known as the “Founder’s Reward” beyond a promised 10 percent cap of total token supply.

🗞 Bitcoin Price Jumps $1K in 30 Minutes to Top $10,000 Again

Bitcoin surged $1,000 in just 30 minutes during U.S. trading hours Thursday, a move that found the leading cryptocurrency rising from $9,335 to a high of $10,400, based on Bitstamp data.


The sudden rally could be associated with the massive unwinding of short BTC/USD positions (profit taking) seen in 30 minutes to 15:00 UTC, as reported by bot powered twitter handle @WhaleCalls.


Prices had dropped to a low of $9,280 at 14:00 UTC, having repeatedly failed to beat the psychological resistance of $10,000 in the Asian session and during early European trading hours. But, bitcoin’s price rise is now boding well for the broader market.


Names like litecoin and bitcoin SV are reporting double-digit gains at press time. Meanwhile, ethereum’s ETH token and XRP are up 6 percent and 3 percent, respectively.

🗞 Jamie Dimon Says Libra Does Not Pose a Threat in Short Term

Jamie Dimon, CEO of global financial services firm JPMorgan Chase, argued that Facebook’s cryptocurrency project Libra does not pose a threat in the foreseeable future.


As reported by CNBC, Dimon delivered his comments during a conference call with analysts on Tuesday, July 16. Dimon said that he would not spend too much time on Libra, specifying that “to put it in perspective, we have been talking about blockchain for seven years and very little has happened. We are going to be talking about Libra three years from now.”


Dimon continued saying that any new effort will have to comply with the industry’s Anti-Money Laundering provisions.

Dimon said:

🗞 Steve Wozniak Co-Founds Blockchain-Based Energy Saving Firm in Malta

Steve Wozniak, co-founder of American tech giant Apple, has invested in a new blockchain-based company headquartered in Malta. Wozniak is now the co-founder of energy efficiency company Efforce, according to a report by Maltese news daily The Malta Independent on July 18.


Wozniak co-founded the company alongside Jacopo Visetti, who — according to his LinkedIn profile — works in the renewable energy and environment sector. According to this page, Visetti co-founded Efforce in January, 2018 — approximately one year and seven months ago. 


According Efforce’s LinkedIn page, the company provides the first blockchain-based platform focused on investing in energy efficiency, with its stated goal “to be recognized as the first and main platform in the world for tokenized energy savings.”

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📑 Daily Crypto Calendar, July, 19th💰

Odocrypt algo will be activated at the block 9.100.000.

“The Q&A with Waves CEO @sasha35625 has been rescheduled! The session will start on Friday, July 19 at 3:00 PM (UTC).”

“A premier gathering of the best creators, innovators, and industry experts in the decentralized space.”

“We are happy to announce the official release date of internal exchange service on the 19th of July.”

Binance DEX lists HYN/BNB trding pair. Trading begins at 16:00 (GMT+8).

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We are currently consolidating just upper the major resistance line at 0.24$ while the BTC is having a very nice bounce. It is becoming hard for all the altcoins and STEEM is not better than other and is sometimes even worst. What to say, we have to wait for better days, the market doesn’t really care currently for the altcoin market and I really don’t know how many time it will last like that. Courage and perhaps focus on the BTC if you want do short term trades.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Are You Buying Netflix Into Earnings??? – Part 2

Prior to earnings, the market makers were pricing in a $25 move in either direction.  Two levels the chart suggested to pay attention to was the daily supply at $402 and the daily demand at $313.

Are You Buying Netflix Into Earnings???

After earnings, the stock price crated to the downside more than $35 or 10%.  The reason price fell that much was because total streaming paid net additions came in at 2.7 million, below expectations of 5.06 million analysts expected. Netflix also lost 126,000 domestic paid subscribers versus an expected gain of 309,000.

The CEO, Reed Hastings attempted to calm investors down call saying the quarter was just a hiccup due to anticipated strong demand for a host of new original content.  If you believe in Netflix and what Reed had to say, the price of Netflix is selling at a discount now as the chart suggests to buy at or near the daily demand at $313.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

🗞 Daily Crypto News, July, 18th💰

  • The Case $7.5K Could Become Bitcoin’s New Price Support ;
  • G7 Approves Japan’s Cryptocurrency-Based SWIFT Alternative ;
  • Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development ;
  • Jamie Dimon Says Libra Does Not Pose a Threat in Short Term ;
  • Swiss Crypto Broker Bitcoin Suisse Applies for Banking and Securities Licenses ;
  • 📑 Daily Crypto Calendar, July, 18th💰
  • STEEM Trading Update

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

🗞 The Case $7.5K Could Become Bitcoin’s New Price Support

Amidst a decline in the price of bitcoin, the world’s most valuable cryptocurrency could find support at $7,500 – that is if it follows past patterns on the charts.


Bitcoin has faced selling pressure over the last few days, despite an impending golden crossover on the three-day chart – a bullish crossover of the 50- and 200-candle moving averages, as discussed last week. As of writing, the 50-candle moving average (MA) is on an upward trajectory and looks set to cross above the 200-candle MA in the next few days.


It is worth noting, however, that a similar golden crossover on the three-day chart was observed in early February 2016, when a bitcoin bull market was then in its nascent stages.

🗞 G7 Approves Japan’s Cryptocurrency-Based SWIFT Alternative

The Japanese government is attempting to spearhead the creation of a new, global cryptocurrency payments network that would be similar to SWIFT.


Replace SWIFT with a global crypto payments network?


Citing an anonymous source, a Reuters report published on July 18 claimed that the country’s push for the network is motivated by a resolve to combat money laundering more effectively.


While plans are being kept firmly under wraps, the source alleged that Tokyo hopes to have the network established within the next few years. 


Cuban expat Claudia Rodriguez of the Brazilian startup Fusyona, the sole bitcoin exchange proactively serving Cubans, told CoinDesk the exchange has nearly 700 accounts since launching in 2018. She said up to 60 users purchase a total of one or two bitcoins every week.


🗞 Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development

U.S. lawmakers repeatedly pressed Facebook’s top blockchain executive to halt development of the Libra cryptocurrency during a contentious hearing on the project Wednesday.


They didn’t get far.


David Marcus, the CEO of Facebook’s subsidiary Calibra, reiterated his promise that Libra would not launch until regulators’ concerns were fully addressed. But he stopped short of committing to freezing technical work on the project, much to the chagrin of House Financial Services Committee members.


The committee’s chairwoman, Rep. Maxine Waters (D-Calif.), had previously called for a moratorium, and it was one of the first things she brought up in the hearing, asking the Facebook executive:


“Will you stop dancing around this question and commit here in this committee … to a moratorium until Congress enacts an appropriate legal framework to ensure that Libra and Calibra do what you claim it will do?”

🗞 Jamie Dimon Says Libra Does Not Pose a Threat in Short Term

Jamie Dimon, CEO of global financial services firm JPMorgan Chase, argued that Facebook’s cryptocurrency project Libra does not pose a threat in the foreseeable future.


As reported by CNBC, Dimon delivered his comments during a conference call with analysts on Tuesday, July 16. Dimon said that he would not spend too much time on Libra, specifying that “to put it in perspective, we have been talking about blockchain for seven years and very little has happened. We are going to be talking about Libra three years from now.”


Dimon continued saying that any new effort will have to comply with the industry’s Anti-Money Laundering provisions.

Dimon said:

🗞 Swiss Crypto Broker Bitcoin Suisse Applies for Banking and Securities Licenses

Bitcoin Suisse, a crypto-broker and pioneer of Switzerland’s “Crypto Valley,” has taken anticipatory steps to comply with a “maturing” regulatory environment.


The firm announced on Tuesday that it has applied for a banking license with Swiss Financial Markets Supervision Authority (FINMA), as well as a security dealer’s license, mandated by the Stock Exchange and Securities Trading Act (SESTA). In the past, financial authorities at the Swiss Federal Council said blockchain and distributed ledger technology will be governed by existing regulatory schemes.


However, a Suisse company representative said:


“We believe that in the long-term, more regulation will follow, as soon as the legislation catches up with the technological developments of the space. We believe that within this new regulatory environment, companies without the necessary licenses will have a limited ability to serve clients with the full spectrum of high quality, innovative crypto-financial products and solutions.”

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📑 Daily Crypto Calendar, July, 18th💰

YCash, the first “friendly fork” of the ZCash blockchain, forks at block height 570,000 (expected July 18).

“We are hosting a Ask Me Anything (AMA) with SWIPE on Tokenomy’s English and Indonesia Telegram Groups!”

HarmonyAsia China from July 18 – 22.

“Join us for our cross-community office hours with Hedera @hashgraph this Thursday on Telegram!”

“Sia will be hosting its congressional hearing..oops..#AMA tomorrow, July 18th from 12 pm EST on @reddit and twitter!”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We are currently consolidating just upper the major resistance line at 0.24$ while the BTC is having a very nice bounce. It is becoming hard for all the altcoins and STEEM is not better than other and is sometimes even worst. What to say, we have to wait for better days, the market doesn’t really care currently for the altcoin market and I really don’t know how many time it will last like that. Courage and perhaps focus on the BTC if you want do short term trades.

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Last Updates

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Play on a fair STEEM CryptoGaming website !

Join this new Free To Play on the STEEM Platform !

Fade The Blue Apron Rally

Blue Apron is responsible for pioneering meal kits to the masses and went public in 2017, but they really had no competitive advantage. After Amazon bought Whole Foods, two weeks after Blue Apron went public, Amazon announced it was entering the meal kit business. 

Than with the advent of the fast / gourmet delivery service companies, it gave consumer many more options.

SIDE NOTE:  I know people who know people who will order one coffee/latte through grubhub even though Starbucks is one block away from their apartment building.

Ever since Blue Apron went public the stock has been in a decline and did actually go under the $1 level.  Because they feared being delisted, Blue Apron did a reverse split to artificially inflate their stock price.  Why is this important….

Blue Apron Holdings Inc’s beleaguered stock closed 35% higher on Tuesday after the meal-kit subscription service said it would add Beyond Meat Inc’s plant-based burgers to its menu, betting on a growing market for premium meat alternatives to attract new customers.

Blue Apron said its Signature Two-Serving Plan – a curated meal plan subscription – would include recipes using the Beyond Burger, a four-ounce patty with 20 grams of plant-based protein.

“We know a growing number of customers are interested in plant-based proteins, whether as an alternative to meat, a desire to explore a new ingredient, or an opportunity to make more sustainable food choices,” Blue Apron Chief Executive Linda Kozlowski said in a statement.

Source

Despite the stock surging after the announcement, the chart suggests to fade the rally back down to $1. 

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

🗞 Daily Crypto News, July, 17th💰

  • Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair ;
  • Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options ;
  • Facebook’s Marcus Says He’d Accept 100% of His Pay in Libra ;
  • Global Blockchain in Healthcare to Reach $1.7 billion by 2026 ;
  • Ron Paul: ‘I’m All for Cryptocurrencies, I Like Competing Currencies’ ;
  • 📑 Daily Crypto Calendar, July, 17th💰
  • STEEM Trading Update

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

🗞 Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair

Libra is a security, says a former Commodity Futures Trading Commission (CFTC) chairman in prepared remarks to the U.S. House of Representatives.


Gary Gensler, who chaired the CFTC from 2009 to 2014 and previously held leadership roles at the U.S. Treasury Department, says in written testimony that Facebook’s new cryptocurrency project looks like an investment vehicle and that Libra may even resemble some banking structures.


Gensler will testify before the House Financial Services Committee on Wednesday, as part of a panel of expert witnesses on the potential implications of Libra. He will join Public Citizen president Robert Weissman, Columbia University law professor Katharina Pistor and Georgetown University law professor Chris Brummer.

🗞 Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options

Cubans are quietly exploring cryptocurrency use-cases on the politically isolated island, even watching Facebook’s Libra project with cautious optimism.


Cuban expat Claudia Rodriguez of the Brazilian startup Fusyona, the sole bitcoin exchange proactively serving Cubans, told CoinDesk the exchange has nearly 700 accounts since launching in 2018. She said up to 60 users purchase a total of one or two bitcoins every week.


“For Cuba, that is a lot,” Rodriguez said. “Cuba is probably going to be very interesting for Libra [developers] and I hope there will be some potential there.” In its launch materials for the Libra stablecoin, Facebook has focused heavily on the potential to connect the world’s underbanked with digital financial services.

🗞 Facebook’s Marcus Says He’d Accept 100% of His Pay in Libra

Facebook’s blockchain lead David Marcus told lawmakers he would be willing to accept 100 percent of his salary in the social media giant’s proposed Libra cryptocurrency.


During a Senate Banking Committee hearing on the controversial project Tuesday, the ranking member of the panel, Sen. Sherrod Brown (D-Ohio), asked Marcus if he trusted Libra enough to put skin in the game this way.


“You really think people should trust you with their hard-earned money, I think it’s delusional,” Brown said, after enumerating Facebook’s history of privacy abuses. He then posed the question: “Will you accept all of your compensation in that new currency?”

🗞 Global Blockchain in Healthcare to Reach $1.7 billion by 2026

The volume of blockchain in healthcare market worldwide is forecast to reach more than $1.7 billion by 2026.


In a press release published on July 16, consulting services to information technologies firm Acumen Research and Consulting (ARC) has projected that the global blockchain in healthcare market on the global scale will reach over $1.7 billion by 2026, with a compound annual growth rate of 48.1%.


Based on geography, America purportedly dominates with the largest share in the global blockchain in healthcare market, wherein the United States is a mature market that hosts the greater adoption of smart technology in manufacturing and healthcare.

🗞 Ron Paul: ‘I’m All for Cryptocurrencies, I Like Competing Currencies’

Former Republican congressman and presidential candidate Ron Paul says he is in favor of cryptocurrencies and blockchain technology because he likes competing currencies. Ron Paul delivered his remarks in a “Squawk Alley” interview on CNBC on July 15.


According to Paul, cryptocurrencies are a great idea, and governments should only step in to regulate the space to prevent fraud:


“… I’m for the least amount of regulation. I don’t know what’s gonna happen to cryptocurrencies. I think it’s a great idea. And I only have one rule: no fraud … I think that the government has a role. And [if] somebody has a case that there is fraud, I think it should be investigated …  What I want to do is legalize the freedom of choice, absent blatant fraud.”

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📑 Daily Crypto Calendar, July, 17th💰

“We are excited to announce the official release date of Equal Wallet Connect on the 17th of July.”

Workshop with dApps and writing smart contracts on WAVES blockchain in Saint Petersburg, Russia.

“Join the SDF team and @Coinsquare for a #StellarMeetup on Wednesday, July 17.”

Fireside chat with Ted Livingston, CEO of Kik and Founder of Kin from 18:30 – 21:00.

“Join us in Cambridge, England, 17 July to design the best trading agent.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

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Here is the current chart :

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We are currently consolidating just upper the major resistance line at 0.24$ while the BTC is having a very nice bounce. It is becoming hard for all the altcoins and STEEM is not better than other and is sometimes even worst. What to say, we have to wait for better days, the market doesn’t really care currently for the altcoin market and I really don’t know how many time it will last like that. Courage and perhaps focus on the BTC if you want do short term trades.

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Last Updates

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Play on a fair STEEM CryptoGaming website !

Join this new Free To Play on the STEEM Platform !

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