In Elliott Wave terms, Fusion began a wave one advance on May 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 20, and the red wave two (blue sub-waves a-b-c) correction ended on July 16. If this wave count is correct, Fusion should be heading next towards the June 20 peak in the red wave three.
Fusion is a public blockchain creating an inclusive cryptofinancial platform by providing cross-chain, cross-organization and cross-datasource smart contracts. You can watch their intro video below.
Marubeni Corp., a major Japanese sōgō shōsha, or general trading company, is now backing a blockchain-based power trading platform.
Per a report by Reuters on July 23, Marubeni has issued a loan to Lithuania-based blockchain project WePower. Per Reuters, the size of Marubeni’s stake in WePower after converting the loan is yet to be determined.
WePower has reportedly developed a platform which allows small- and medium-sized enterprises to more easily buy power specifically from wind- and solar-based sources via standardized digital power purchase agreements.
The platform aims to unlock tens of billions of dollars in power generation to smaller projects in the Australian electricity market which, according to Reuters, is running out of major power consumers that will buy large quantities over long periods of time.
The New York Times Company has revealed new details relating to its ongoing blockchain publishing experiments first revealed by CoinDesk in March.
Published Tuesday, a new website for the publisher’s News Provenance Project explains how the storied newspaper’s Research and Development team plans to use Hyperledger Fabric’s permissioned blockchain to authenticate news photographs in partnership with IBM Garage, the tech giant’s accelerator program.
The project aims to combat misinformation and adulterated media, which it argues harms small and large publishers alike. “News consumers [who] are deceived and confused…eventually become fatigued and apathetic to news,” the website says.
The Senate Banking Committee will hold a hearing on regulatory frameworks for cryptocurrencies and blockchain next week.
The committee said in a press release that it would hold an open session titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” on July 30, though it is unclear if this would be a fact-finding mission or if any specific pieces of legislation would be discussed.
Circle CEO Jeremy Allaire, representing the Blockchain Association; Rebecca Nelson, a member of the Congressional Research Service specializing in international trade and finance; and Mehrsa Baradaran, a law professor at the University of California Irvine School of Law will testify as expert witnesses.
Blockchain technology offers an opportunity for smaller banks in the Philippines to boost lending and offer other financial services in rural areas, according to Union Bank of the Philippines Chairman Justo Ortiz.
Union Bank is experimenting with the use of blockchain for remittances, allowing overseas Filipino workers to send money home quickly and efficiently and exercise greater control over who receives the funds and how they’re used, Ortiz said in an interview with Bloomberg Television on Tuesday.
By plugging the 500 or so Philippine rural banks into the system, the lenders would get detailed information on the income individuals or families receive from remittances, he said. That would give them greater comfort to offer loans and other banking services to people who often fall outside the formal financial system, he added.
If, as the saying goes, any publicity is good publicity, then Tuesday was a great day for Tron CEO Justin Sun.
The 28-year-old entrepreneur has been the talk of the crypto community for the last 24 hours, starting with Monday night’s announcement that a bout of kidney stones led him to postpone a long-awaited lunch with finance titan Warren Buffett.
Then came reports suggesting that the rescheduling was due to legal rather than medical problems. For a few hours, seemingly everyone on crypto Twitter believed Sun was in China, barred from leaving by the government amid accusations of lawbreaking.
“If you’re keen to learn programming on the #Waves blockchain, join us for the ‘Full-Cycle dApp Development’ workshop…”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yersterday :
Here is the current chart :
The support line at 0.24$ has been tested but not broken. Like the BTC, we are having a little bounce on that support line but nothing really powerfull. A little correction on the BTC will make us break that support line quiet easly so yeah we are becoming very passive on the STEEM, just waiting for the BTC direction and doing corrections more powerfully than the BTC when it is the case.
Darling you got to let me know Should I STAKE or should I TRADE? If you say that token is mine I’ll be here ’til the end of time So you got to let me know Should I STAKE or should I TRADE?
This is the question I have every time I open my wallet at STEEM-ENGINE .
Every week a new tribe and correspondent token is launched and despite I have staked the majority of my LEO , PAL and STEM coins , which are the coins on which I feel myself more identified, I do not know what to do with the others…
I have sold some and bought more PAL and LEO with them but, frankly besides an excellent income on those named, I am getting more and more from other tokens which I don’t know what to do with them, every day.
My WALLET has more than 36 Dollars of Non-staked tokens and is increasing day by day, which is fantastic but maybe I am losing ant opportunity with some of them for not having them staked…
Should I stake JAHM, INT or CCC?
Anyone knows if they have future?
I did create an alternative account on which I delegate the majority of the GOOD GAME TOKEN and so, I am not wasting my own SP on steem while upvoting users of that tribe… Should I do the same with INT, JAHM or CCC?
Or should I sell them and stake more STEEM/PAL/LEO?
Anyway, I prefer to have these kind of doubts than not having any…
Have you seen the movie John Wick? Did you remember how cool the Continental Hotel was?
Well the team from Bedcoin is planning to create a Continental style hotel where you will use bedcoin to pay for special services, etc. (pretty sure no killing will also be a rule..hehe)
Here is more from their medium post…
Bedcoin is working to create a global community of Bedcoin holders that can use Bedcoins to unlock special accommodation features.
Bedcoins have two utilities:
Profit Sharing – Access profit sharing on the Bedcoin Platform when the profits from the investment portfolio are shared with Bedcoin Holders.
Traveling Services – Bedcoin will create a series of rooms / accommodation units which can be booked in special conditions only using Bedcoins as a payment coin.
Nestlé is about to launch a new 70% dark chocolate
bar, the “Cacao Fruit Chocolate”,which does not include any added
sugar.
It
will be made from the cacao fruit only, with the white cacao pulp acting as a
natural, more sustainable and healthy sweetener. The new product will be
launched in Japan this autumn and is expected to be introduced globally by
2020.
Another
100% cacao fruit juice with lime granita will be commercialised end of this
week at the KitKat Chocolatory Ginza Store. The two products will be sold at
$3.7 and $6.93, respectively.
Thecompany
is looking to patent the pulp mixture process, which helps to reduce food waste, as it uses 31% of
the pod vs. the current 22%.
Analysis and Comments
You should expect a continued increase in product reformulations and product innovations along the lines of Nestlé’s most recent launch.
This is largely driven by a combination of pressure coming from both the public as well as a growing number of governments and regulators, the latter of which are increasingly aware of the strain that obesity & diabetes is putting on global healthcare systems.
Already, diabetes care forms10-15% of healthcare budgets, and Healthcare analysts expect a near doubling of the number of diabetes patients by 2025, which risks bankrupting publically funded healthcare programmes in Europe and making health insurance increasingly unaffordable.
Nestlé
has developed a high-speed flow
packaging technology that allows paper to be used on a larger scale instead
of plastic films and laminates. As a result, Nestlé will sell its Yes snack
bars in a recyclable paper wrapper.
The
packaging, made of water-based coating and sustainable sources, is available in
13 countries and will be introduced in Europe and other locations going
forward.
Nestlé
has been committed to make all its
product packaging recyclable or reusable by 2025, and other manufacturers
(e.g. PepsiCo, Nestlé, Mars) have launched recyclable packaging programs as
well.
According
to Reuters, the company may also use paper packaging for its Kit Kat bars and
other products, once it is able to
supply sufficient amounts of the specially coated paper.
Analysis and Comments
As the article states, consumers’ demand for sustainable and environmental standards in the food industry has been increasing steadily, with a Nielsen survey from 2018 stating that 48% of U.S. consumers were likely to change their purchases to meet environmental standards.
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.
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.”
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.
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.
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”.
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
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.”
“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.”
STEEM Trading Update by my friend @cryptopassion
Here is the current chart :
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.
In Elliott Wave terms, Revain began a wave one advance on June 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 2, and the red wave two (blue sub-waves a-b-c) correction ended on July 21. If this wave count is correct, Revain should be heading next towards the July 2 peak in the red wave three.
….and it would indicate something good for the price if STEEM wouldn’t have so much selling pressure from the wales and from @steemit in particular.
A double Bottom pattern is a Bullish Pattern that usually describes a change in trend and a momentum reversal from prior leading price action. It is normally accompanied for a divergence in some of the technical indicators and this is what we see at RSI indicator on the daily chart:
RSI Indicator:
MACD Indicator:
… as I said, if it was any other ALTCOIN I would not have any doubt to claim BULLISH Action on it but we are talking about STEEM which is being really controlled from those that state that STEEM is a decentralized blockchain….
Will see what happens next…in the meantime, I would try to accumulate as much as possible.
The
number of charging points in China has risen to 1m (up 69% YoY).
At
the end of 2018 there were 760k charging points in China, up from 440k at end
of 2017.
Analysis and Comments
Charging infrastructure is a lot more important than battery cost and subsidies in sustaining EV growth. The Chinese authorities are shifting their priorities from subsidizing EVs to financing the roll out of charging infrastructure.
The availability of high power/speed charging infrastructure will make short range EVs (~150miles) viable as your first car rather than your second one.
This is necessary, as battery costs are likely to bottom out at above $100/kWh which would make mass market EVs with long range commercially unaviable in the absence of subsidies.
Indian cities are planning to buythousands of electric buses over the next few years.
In India, the government is spending $1.3bn on its electric bus programme and the funds will be used to subsidise60% of the cost of the bus.
Analysis and Comments
Chinese bus OEMs such as BYD are the best placed to benefit from this opportunity, because they have a clear cost advantage versus bus OEMs in Europe and the US.
For the cobalt market (and hence Umicore), the bus market will also be important due to the shift in battery technology in buses from LFP to NMC which will boost cobalt demand.
In Elliott Wave terms, Dusk began a wave one advance on July 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 17, and the red wave two (blue sub-waves a-b-c) correction ended on July 19. If this wave count is correct, Dusk should be heading next towards the July 17 peak in the red wave three.
Dusk streamlines the issuance of digital securities and automates trading compliance with the world’s first programmable and confidential securities. Crypto Beadles interviewed the co-founder earlier this month.
