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? 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.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Plastic, plastic everywhere but not for African recyclers

September 1, 2019 (updated August 26, 2019) Published by

Plastic, plastic everywhere but not for African recyclers (Reuters)

  • As in many developing countries, Kenya’s recycling industry is underdeveloped and relies heavily on the private sector, which has slowed plastic recycling initiatives, as the plastic collection business generates low margins
  • As a result, multinational firms like Coca-Cola and Unilever are subsidizing the collection of their PET through the non-for-profit body called PETCO whose members reportedly account for 60% of the PET market.
  • Additionally, Coca-Cola, Nestlé, Unilever and Diageo have formed the African plastic recycling alliance last March to create recycling initiatives.

Analysis and Comments

  • The article showcases the two main issues the plastics recycling industries in most countries are faced with; 1) an underdeveloped collection and recycling infrastructure, and 2) the subsequent lack of recyclable materials to sustain their businesses.
  • While a growing number of governments has already begun to take action (e.g. in the form of bans), more incentives from governments are needed to boost participation in recycling schemes (or, for example, to set up deposit schemes which have shown to be very successful in the EU) and to hold companies legally responsible for the collection of their waste.

Survey says consumers avoid electric cars due to three myths: range, price, charging (electrek)

August 26, 2019 (updated August 26, 2019) Published by

Survey says consumers avoid electric cars due to three myths: range, price, charging (electrek)

  • According to a new survey by Autolist, the top reasons for not buying an EV were range, price, and charging, with c. 40% of respondents concerned about these issues.
  • The author makes the argument that these concerns are outdated, as EV prices are already below US$30k (after fuel cost advantage), provide a range of ~250miles, and the are thousands of charging points every where in the US.
  • One of the positive insights from the survey is that the majority of consumers (55%) now said they would use an EV as their primary vehicle rather than as a secondary vehicle (which was previously the top answer).

Analysis and Comments

  • This article fits in well with the investor’s view as to the process by which EV uptake will occur
  • The short version is that, as the article highlights, the key issue around EV adoption will be familiarity. For most consumers, current EVs are perfectly suitable for day to day use. Most of us just don’t drive far enough to need to recharge more than once a day (as with the person in this story). So the key is getting people to try one.
  • This does not understate the charging infrastructure challenge; yes, there is a lot more that needs to be done to roll out charging stations, especially fast chargers. But this is a solvable problem.
  • As with similar innovations, the adoption curve starts slowly and then rapidly accelerates – we expect to hit this inflection sometime in the mid 2020s. Tailwinds to this include tougher emission standards & city centre driving restrictions & potential headwinds include cutting of subsidies and a lack of affordable model choice.

The article also makes an important point:

  • Auto makers don’t need to keep making the range further & further, if the cost is more expensive batteries & hence a very expensive EV. The alternative is cheaper shorter range EVs, possibly with a lease package that includes the occasional use of a petrol car for longer trips

? Daily Crypto News, August, 26th?

August 26, 2019 (updated August 26, 2019) Published by
  • After Switzerland Visit, Crypto Concerns Remain for US Regulators
  • The Faketoshi Circus: Even Bitcoin Can’t Escape the Politics of Money ;
  • Burning Man & Crypto: Common Grounds ;
  • Binance hack victims set to receive lifetime VIP memberships ;
  • Using Fear & Greed Index to trade? Why not, it seems to work ! ;
  • ? Daily Crypto Calendar, August, 26th?
  • STEEM Trading Update

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

? After Switzerland Visit, Crypto Concerns Remain for US Regulators

Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra.


Meetings with multiple agencies


According to an official statement from Representative Maxine Waters published on Aug. 25, members of the U.S. House of Representatives Financial Services Committee met with multiple regulatory agencies and lawmakers. These included the State Secretariat for International Financial Matters, the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority.


As announced earlier this month, the representatives aimed to clarify how various Swiss authorities would regulate Libra and learn more about the status and magnitude of the project. Despite being helpful, Waters said of the meetings:

? The Faketoshi Circus: Even Bitcoin Can’t Escape the Politics of Money

In case you missed it, a new self-proclaimed Satoshi Nakamoto came out of the woodwork last week, this one brandishing a “proof” based on numerology and an obsession with BCCI, the scandal-ridden bank that collapsed in 1991.


The widely debunked “reveal” from Bilal Khalid, aka James Caan – Khalid officially changed his name to that of the American actor – followed a host of equally absurd developments in a Florida court case against the other “Faketoshi,” Craig S. Wright. These included a hand-written note to the judge in which yet another person, one Debo Jurgen Etienne Guido, also laid claim to being bitcoin’s secret progenitor.


Sensible minds in the crypto community remind us that this is all a sideshow, that these competing claims to bitcoin’s creation ultimately mean nothing to its value proposition.

? Burning Man & Crypto: Common Grounds

It is a truth universally acknowledged that crypto aficionados love Burning Man.


Both the long-running festival in the Nevada desert and the bitcoin ethos revolve around openness to exploring new governance models with fewer rules.


Take me, for instance. I still have the colorful Burning Man ticket from 2010, when, like so many future bitcoiners, I went to camp in Black Rock City for a week in late August. Back then, I showed up with little more than a tent, a bikini and a Costco-sized bag of marshmallows to barter for supplies. There were no rules about how to trade these treats or attire myself, so in the free market of campgrounds I did quite well.

https://www.instagram.com/p/BaXnvtIFgar/?utm_source=ig_web_copy_link

? Binance hack victims set to receive lifetime VIP memberships

Hackers have taken a toll on Binance.


In May, the world’s leading cryptocurrency exchange by volume suffered a hack that saw roughly $40 million of its reserve funds disappearing into thin air. 


Then, just earlier this month, the company became the subject of a blackmailing and extortion attempt from a hacker who allegedly gained access to several users’ photo IDs originally used for KYC purposes. The hacker demanded a bitcoin ransom in exchange for the photos remaining safe and unseen.


As a result, Binance today announced that the investigation into this latest breach remains ongoing. And that while the company maintains that many of the images are photoshopped or altered in some way, it now admits that some of the pictures correspond with those that it sent to a third party, which Binance contracted over a period of two months.

? Using Fear & Greed Index to trade? Why not, it seems to work !

The complete list of factors with their weighting

  • Volatility (25%)
  • Market Momentum/Volume (25%)
  • Social Media (15%)
  • Surveys (15%)
  • Dominance (10%)
  • Trends (10%)

For a full disclosure on what are these factors exactly referring to please go to their website

More analysis and thoughts here

We are seeing a very high level of fear (or low level of greed). I posted below a graph of their Fear & Greed Index followed by a graph of the Bitcoin Price.

In the last 18 months, the indicator dipped strongly 2 times before and when it did you can see the reaction by BTC a few weeks later !

To see this graph, go to my previous blog post

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? Daily Crypto Calendar, August, 26th?

“ICON Foundation is excited to announce the Pre-Voting, starting on August 26th.”

“The mainnet token snapshot for ENG starts on this day. You must hold mainnet ENG to receive testENG you can use to stake testnet nodes.”

Mobile Payments Conference at Swissotel Chicago from Aug 26 – 28.

“The game continues until August 26th when we’ll randomly select first, second and third place winners:”

AXpire burns 20,000 AXPR as a part of burning percents of aXpire’s revenues.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Today, we had an important UP in the direction of the 0.21$ resistance line. The rejection was quiet big as we can see that on the same candle, we almost touched that level to go directly lower after. Most of the time this kind of candle is a very bearish signal but let’s see what will happen in the coming hours. If the BTC is going to make a nice UP, I expect that we test quickly again that resistance line. In case of correction on the BTC, this will validate the bearish candle pattern.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Baby boomers are keeping booze Britain afloat – but the young are drinking less

August 24, 2019 Published by

Baby
boomers are keeping booze Britain afloat – but the young are drinking less (The
Conversation)

  • While drinking rates are declining globally, particularly among young people, in the UK, baby boomers (aged 55-64) remain the most likely to drink heavily and are the least likely to abstain from drinking alcohol.
  • The universal decline may therefore be more of a polarisation around drinking, with the decline of overall consumption levels potentially masking on-going heavy drinking among some young people and particularly older ones.
  • In the UK, the 4% of the population who drink the most heavily are responsible for c. 30% of all alcohol purchases, and alcohol-related deaths as well as hospital admissions are growing significantly in recent years.

Analysis and Comments

  • It is estimated that over 20% of the population does not drink at all, and its c. 30% for people under 24 (the data is not very precise). It is also estimated that c. 4% of the population drink around 30% of the alcohol consumed and that these consumers make up c.25% of industry profits. In addition, and perhaps more worryingly, deaths related to alcohol misuse are the highest in a decade, with related hospital admissions up 67%.
  • The implications are fairly stark for Beverages companies – in Western markets we should expect a continuing shift away from consumption of mass market beer, toward premium beer, wine & spirits. This is not necessarily bad news for drinks companies, they have been repositioning themselves for this shift for some time. Plus emerging markets consumption is still rising and the trend toward premium (i.e. more profitable) drinks continues.

Nearly 1 in 4 millennials hasn’t had a physical in 5 years

August 22, 2019 Published by

Nearly
1 in 4 millennials hasn’t had a physical in 5 years, survey says (Mobi Health
News)

  • According to a new survey by Harmony Healthcare IT, millennials prefer getting medical advice online to going to their doctor; 76% of the respondents said they used specialized websites like WebMD or news articles.
  • It highlights the current transformation of the healthcare sector. Millennials, who will outnumber baby boomers by 20m in 2030, are favouring retail clinics and telehealth for healthcare treatment. The online presence of traditional providers is also important: 65% said they only see doctors who can be found online, with 48% saying they would prefer to have a virtual visit with a doctor than an in-person appointment.
  • One of the main argument is cost: WebMD for instance, the first choice website for those surveyed, is free, which makes it the economically more sensible option, as only 35% of those surveyed set aside savings for medical emergencies, with 51% of those saving less than US$100 per month.

Analysis and Comments

  • The first thing that is probably important to note about this survey is that the respondents are American (which explains the emphasis on cost advantages).
  • However, a much larger study conducted by Accenture in February looked at four times as many consumers from all around the world and came to similar conclusions: there is a shift away from traditional care offerings, towards online alternatives.
  • Importantly, this shift was not only found among members of the youngest generations (Millennials and Gen Z), but also Generation X (the one after the Boomers).

? Daily Crypto News, August, 22nd?

August 22, 2019 (updated August 22, 2019) Published by
  • Using Fear & Greed Index to trade? Why not, it seems to work !
  • Kraken Crypto Exchange to Add Support for BAT and WAVES ;
  • Bitcoin Risks Slide to $9.5K After Sudden $700 Price Drop ;
  • US Treasury Blacklists Bitcoin, Litecoin Addresses of Chinese ‘Drug Kingpins’ ;
  • Ethereum resources to be translated into 15 new languages ;
  • Nonprofit Launches Blockchain Platform for Credit History in Sierra Leone ;
  • ? Daily Crypto Calendar, August, 22nd?
  • STEEM Trading Update

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

? Using Fear & Greed Index to trade? Why not, it seems to work !

The complete list of factors with their weighting

  • Volatility (25%)
  • Market Momentum/Volume (25%)
  • Social Media (15%)
  • Surveys (15%)
  • Dominance (10%)
  • Trends (10%)

For a full disclosure on what are these factors exactly referring to please go to their website

More analysis and thoughs here

We are seeing a very high level of fear (or low level of greed). I posted below a graph of their Fear & Greed Index followed by a graph of the Bitcoin Price.

In the last 18 months, the indicator dipped strongly 2 times before and when it did you can see the reaction by BTC a few weeks later !

To see this graph, go to my previous blog post

? Kraken Crypto Exchange to Add Support for BAT and WAVES

American cryptocurrency exchange Kraken is adding support for Basic Attention Token (BAT) and Waves (WAVES.) 


According to an announcement on Aug. 21, the exchange’s users will be able to deposit, withdraw and trade both assets starting Aug. 22. Kraken will roll out trading pairs between BAT and WAVES and Bitcoin (BTC) and Ether (ETH,) as well as with fiat currencies such as the euro and the U.S. dollar.


“The first trade executions will take a bit longer because sell orders cannot be placed until deposits are credited,” the post adds.

? Bitcoin Risks Slide to $9.5K After Sudden $700 Price Drop

View


Bitcoin quickly fell from $10,842 to $10,082 earlier today, confirming a rising wedge breakdown on the hourly chart. The bearish reversal pattern has opened the doors for a retest of $9,467 (Aug. 15 low).


On the way lower, prices may find support at the 100-day moving average, currently at $9,882. The average served as strong support earlier this month.


The bearish case would be invalidated if prices rise above $11,000 with high volumes in the next 24 hours. As of writing, that looks unlikely.
A convincing move above $12,000 is needed to revive the bullish setup, as per the weekly chart.

? US Treasury Blacklists Bitcoin, Litecoin Addresses of Chinese ‘Drug Kingpins’

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned three Chinese nationals and their cryptocurrency addresses, alleging they violated money laundering and drug smuggling laws.


OFAC named Xiaobing Yan, Fujing Zheng and Guanghua Zheng as narcotics traffickers under the Foreign Narcotics Kingpin Designation Act, freezing any property they own within the U.S. and listing a number of email aliases, citizen numbers and passport information for the three.


The agency also listed a number of bitcoin addresses, as well as one litecoin address, that the agency claims belong to the Chinese citizens.

? Ethereum resources to be translated into 15 new languages

Ethereum wants to translate all of its resources into 15 languages as part of a push to make the network more accessible, the Ethereum Foundation announced yesterday. 


The foundation says it’s only focusing on translating its website at the moment—Ethereum.org—but has plans to expand its translations to include “important community resources like documentation, guides, blog posts, and more.”


Its first full translation, Ethereum.org/ko, is the result of a team of eight translators led by Taeyeon Kim, and translates everything on Ethereum’s recently relaunched site into Korean.

? Nonprofit Launches Blockchain Platform for Credit History in Sierra Leone

San Francisco-based nonprofit Kiva, a company that crowdfunds loans for financial inclusion, has launched a blockchain platform for credit history with the government of Sierra Leone.


According to a Reuters report on Aug. 21, Kiva and President of Sierra Leone Julius Maada Bio jointly launched the blockchain initiative in the country’s capital. 


The platform will use biometric data collected by the government, such as fingerprints, in order to access the credit history of citizens in the country. This will purportedly give a way for lenders to obtain citizens’ credit history.

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? Daily Crypto Calendar, August, 22nd?

“The State of Decentralized Finance” conference from 2 – 5:30 PM at Starfish Mission in San Francisco.

“Manuel ( @TacticalGrace ) & Darko ( @DarkoMijic ) will be attending a #CardanoCommunity meetup in Berlin on August 22.”

“Join us and @SesameseedOrg on an AMA on Telegram at 7pm on Aug. 22 PDT (UTC -7)”

“We will soon commence our program of burning unsold SNPC tokens (…) third stage being scheduled for 22nd Aug 2019”

“Trading will start at 18:00 on August 22, 2019 (UTC+8) and withdrawal will open at 20:00 on August 22, 2019 (UTC+8).”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So the worst case that I was talking about yesterday just happened. We are now testing the low and the support line that I traced for you which has been created by the 2 previous lows around the same level. Till now we have a bounce from this support line but let’s see if it will be enough if the BTC continues to correct.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Using Fear & Greed Index to trade? Why not, it seems to work !

August 21, 2019 Published by

Dear Steemians,

If you have been in the CryptoWorld for a while, you probably came accross this indicator.

What is it?

The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreations. There are two simple assumptions:

  • Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
  • When Investors are getting too greedy, that means the market is due for a correction.

Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100.

The complete list of factors with their weighting

  • Volatility (25%)
  • Market Momentum/Volume (25%)
  • Social Media (15%)
  • Surveys (15%)
  • Dominance (10%)
  • Trends (10%)

For a full disclosure on what are these factors exactly referring to please go to their website

We are seeing a very high level of fear (or low level of greed). I posted below a graph of their Fear & Greed Index followed by a graph of the Bitcoin Price.

In the last 18 months, the indicator dipped strongly 2 times before and when it did you can see the reaction by BTC a few weeks later !

I am not saying it is a 100% probability metric but something is SURE; I prefer buying when people are scared than the opposite. And today, it seems investors are being careful maybe too much?

Crypto Fear & Greed Index since inception

BTC / USD Price

? Daily Crypto News, August, 21st?

August 21, 2019 (updated August 21, 2019) Published by
  • 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..

Market visualization

$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*

Bitcoin 7-day price chart
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? Daily Crypto Calendar, August, 21st?

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

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

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

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

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

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

Today, 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$.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

US patients struggle to obtain Eli Lilly’s half-price insulin

August 20, 2019 Published by

US
patients struggle to obtain Eli Lilly’s half-price insulin (FT)

  • According to recent data from GoodRX, an app tracking drug prices, only 3% of insurance claims for Eli Lilly’s insulin were for the half-price version that the company revealed shortly before being questioned by Congress on soaring insulin prices.
  • According to the article, many pharmacists do not know that a cheaper version is available or it cannot be accessed because it wasn’t added to individual patient’s list of drugs that are covered.
  • The company said it was aggressively working to increase awareness as well as access to the cheaper diabetes drug.

Analysis and Comments

  • Best Healthcare analysts expect a strong downward pricing pressure and slowing volume growth for the previous classes of drugs such as DPP4 and basal insulins.
  • This will likely result in a slowdown in the sales growth for the global pharmaceutical market. We project the global diabetes pharma market to grow at only 3% CAGR to reach $46bn by 2025.
  • While the overall diabetes pharma market is set to slow, GLP1 and SGLT4 are likely to experience rapid growth.

Eli Lilly’s Share Price (USD)

April 2024
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
282930  

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