🗞 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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Play on a STEEM CryptoGaming website !

Join this new Free To Play on the STEEM Platform !

STEEM: a clear Double Bottom Pattern…

….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.


@toofasteddie

It’s TOO QUIET in here…

 

I have been blogging since early 2018, not what I would consider to be “long” in blogging terms, but long enough to have become a part of the furniture. During that time I have seen big changes in the crypto blogging space: some rapid, some more sedate.

One of the sedate ones has now become too obvious to ignore: it’s too quiet in here…

How often do you make new followers on blogging platforms these days? It still happens, but it’s not nearly as frequent as it was a year ago, is it? How many comments do you get on each blog post?

Despite the best efforts of many bloggers who frequently leave comments and engage wherever they can (thank you guys – I really appreciate the efforts you make – both on my posts and on the posts of other bloggers), the numbers are still way off what they once were. If I look at Steemit, the platform I started blogging (and still use to this day), I now so rarely get comments that I don’t even check my replies daily anymore! At one stage I would check replies several times a day.

There is also a notable drop in post earnings: my own account has been hard hit – though granted – some of that has to do with the price of the tokens one earns. Even so: token price is a reflection of interest in the token, and interest in STEEM is disturbingly low! I had hoped to be able to earn a living from blogging, though if this carries on I can see that I shall have to make other plans. Even some of the top Steemit bloggers are earning pathetically little compared to what they once did, a clear sign that interaction is shrinking dramatically.

It’s not just Steemit that has been hit, Trybe is visibly empty too. Here, take a look at the bottom of “page 1” of my Trybe friends list. I like to use this list to see who has been online lately. I normally select each member who has been online since I last visited, check their blog and then comment on their new posts. But so many of them have just not been online lately…

From https://old.trybe.one/members/bitbrain/friends/

 

 

It’s hard to engage with friends who are not there! Imagine what pages 2 and 3 look like! I miss the regular posts of some very good bloggers who used to post frequently. Some of my Steemit friends haven’t been seen in nearly a year! 😥

Don’t get me wrong: I’m not blaming anybody for anything here: neither the platforms nor the bloggers. I fully understand that it takes time to generate and curate good content. (I hate the system-gaming heajin-style copy-&-paste posts which have little to no effort put into them) Time IS money, and not all of us can afford to spend several hours a day on crypto social media platforms – especially when payouts are poor. It isn’t all about the money, but it does become “not economically viable” at some point.

I sense a form of despondency among my fellow crypto bloggers, and that is to be expected. The altcoin market remains nightmarish in many respects, that is having a clear effect in the platforms based on those coins. I think that STEEM and the STEEM-based platforms are suffering from that particularly hard: Dan Larimer’s middle-child is playing the role of classic neglected middle-child to a T.

Personally I have already sold off quite a lot of my STEEM, and have suggested that others may want to follow suit. I know that many other STEEM holders have already sold off a significant portion of their holdings.

However…

I won’t be selling of all of my STEEM, and when I do sell it, it’s to buy other altcoins – not to cash out to fiat!

I am well aware that altcoins are not popular right now. I have seen the BTC value of my altcoin portfolio plunge during the last few months. Bitcoin maximalists are everywhere, I don’t recall ever seeing anti-altcoin sentiment this high before (probably because the majority of altcoins have not been around for long enough).

I am NOT a supporter of the saying “The trend is your friend”. Instead I consider the trend to be a wolf in sheep’s clothing, somebody who leads you along the path, and then once you become complacent, stabs you in the back with a sharp trend reversal. As a Value Investor and a Contrarian, my default instinct is to oppose the trend. But what does that mean in real terms?

There is blood on the streets. The altcoins are bleeding.

We ALL know: “Buy Low, Sell High”. Yet when the price of something is low, what do we do? We panic sell. When price surges high, what do we do? We FOMO buy.

Hear the wisdom of Bit Brain: NOW is the time to BUY altcoins!

I believe that this is a golden opportunity. Bitcoin can’t keep climbing alone – it makes no economic sense! I saw a Tweet this morning which said that the Bitcoin Whitepaper is the only one worth reading. Nothing could be further from the truth. There are MANY good altcoins out there with a solid token economics model. They will make money, irrespective of what BTC does. I agree that BTC is the only real store-of-value crypto, but it is not the only crypto that has value! I still expect good altcoins to thrash BTC in terms of ROI over the next year or two.

Mark my words, sentiment towards altcoins WILL swing around again, and when it does, make sure that you are holding some good ones!

And this is why I’m keeping some STEEM. This is why I am slowly letting my TRYBE tokens grow in number. It’s just like mining BTC: too often miners shut down when it becomes “unprofitable” to mine. But what if they just kept on mining – took the short-term loss – and then sold that BTC when the market recovered? They would make a fortune in profits, especially because mining difficulty drops when miners pull out.

If TRYBE ever “Moons” by 100x and becomes worth $0.10 per token, then you can’t expect to still earn 1000 TRYBE for each post that you write! BUT YOU CAN EARN THAT TODAY!

So I suggest holding onto that which you can accumulate now, because markets ARE cyclic – often unpredictable, but cyclic nonetheless. I suggest that you keep on blogging, keep on curating, keep on supporting one another. We ALL know that crypto is still in it’s early days and that a lot of money will still enter this asset class. When it does so, it would be good if we could have our platforms ready to receive the influx of new interest, interest which would greatly boost the value of our tokens again.

So take heart, don’t feel down just because your altcoins are worth nothing. Don’t give up just because your earnings are very low. I am literally betting the future of my financial success on crypto – and honestly – I’m not too worried about it. For me it’s more a “when?” than an “if”. (No: don’t follow my example, I didn’t really have a choice due to a rather unique set of circumstances. Don’t put more into crypto than what you can afford to lose!)

Hang in there crypto friends, the altcoins will make a comeback. You’ll see. 😉

“It’s always darkest before the dawn.”

Yours in crypto

Bit Brain

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

~ Mark Twain

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

~ Bit Brain

Bit Brain recommends:

Crypto Exchanges:





🗞 Daily Crypto News, 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 !

Investing-Engaging-Compounding / SBI Sponsoring [W9]

Another stagnant-price week = Another Good Chance for building your account on the Steem blockchain = More chances to reinforce your Engagement

I don’t expect a brilliant recovery of the STEEM price in the coming short term future, however we cannot deny that this price level is perfect for reinforcing your SP. I don’t think we will see STEEM prices lower than the bottom reached lately unless BITCOIN and the whole market collapse again, of course…

STEEM price has crashed dramatically during the past weeks and months due mainly in my opinion to the permanent selling pressure of our friends of STEEMIT INC, however it is possible that STEEM has found a solid place around the 80th position out of the top 100 altcoins at the cryptomarket.

The chart below shows the weekly amount of Steem withdrawn to the exchanges (data extracted from @penguinpablo ‘s weekly report), as you can see, this week more than 1.8 Million Steem has been sent to the exchanges, 300,000 Steem more than the previous week:



But the position of STEEM at the Total Market Cap during the past 2 weeks have not changed so much despite we have lost capitalisation:



This is because even if the amount of the Liquid steem increases continuously, there are other altcoins that are suffering a selling pressure higher than STEEM even if they don’t have such increase of tokens coming to the market every week.

So I think this is very positive for STEEM.

Sellers prefer to sell other altcoins than Steem because there is a REAL VALUE in this crypto, better than any other useless altcoin. And you know why?

  • We have USE CASE
  • We have the best Community
  • We have the best developers
  • We have the best DApps out there

As I said, there will not be better time to build your SP than nowadays.

SBI Sponsoring

My SBI shares for this week are going to @kokoliso and @serlanvet . I am very happy for having met them here despite both are at Steem since quite some time already. Lately I have interaacted with them a lot and I think we have engaged very well, remember that “engagement” is one of the three magic words fro anyone to success at this blockchain, the other two are INVESTING and COMPOUNDING.

@kokoliso is an excellent photographer and traveller. Lately he has shared his experiences at Australia but now he is back at home (guess is San SEbastian in the Basque Country)

IMG_1555_s.jpg

@serlanvet is a guy from north of Aragon, an historical region in the north of Spain. He is also an excellent photographer and naturalist who shares original pics and nice bucolic scenarios from the countryside near him.

6ncldtc298.jpg

Both of them get 2 shares of the @steembasicincome initiative, hope it will help them to reach minnowhood soon , despite I know it is not so much but helps at least…

All in all, they represent really good candidates for the #tenKminnows @steevc initiative,


And that’s all for this week folks!

Steem on.

@toofasteddie

🔫 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 !

The Steemit “Genesis” post

More than 3 Years from this post. No more posts since then…

625 Votes received, 0 votes done…

VOTING POWER

429 $ per 1 upvote…

Around 4000$ a day at 100% VP…

What a waste of resources…

I can think of a few ideas that @steemit could do with that Voting Power, such as rewarding the best promoter of steem outside the blockchain for instance… I think more than one professional would come delighted and work on a good marketing plan …
while you dedicate yourselves to continue selling your stake.

Are we Steemit INC-dependents?

More than three years have passed already since that one investor called Ned Scott and the BitShares creator Dan Larimer, founded the Steemit platform, built on top of the Steem blockchain.

Since then, we have seeing the deployment of many HardForks developed by the Steemit team and supported by our witnesses, some of the HF were really necessary but some others just put us on the place we are now at the market in my opinion.

Also, for me it is clear that the permanent “drainage” of the “Ninjamined” Steem which is being transfer to the exchanges with the same frequency, is clearly “ballasting” our blockchain to the most unsuspected depths of the market in terms of price and capitalisation.

From being a total needed company in order to sustain the Steem blockchain and its development, Steemit INC has become a problem for us in order to recover from a very painful a long bear market and this situation does not look to get better in the mid-term since there is no plan, according to my knowledge, that would indicate a “release” of the selling pressure by the @steemit side.

Even if they have recognised lately that they have cut their infrastructure cost with MIRA and other technical improvements, and also they implement another source of incomes by the use of advertisements on site, they are not really planning to stop or at least “smooth” a little this constant drainage.

In my opinion, this behavior is also affecting the number of DApps being built on top of the Steem Blockchain…I remember 2 years ago when the trend page was full of new ideas and projects proposed from developers… how may we have now?

I think the best development lately has been the STEEM-ENGINE and TRIBES Token+Interface placed by @aggroed and other excellent, not only developers but also investors here. I really appreciate them.

In the meantime, STEEMIT has become the BIG SELLER of the blockchain and not the entity that everyone would expect in order to further develop and improve the project.

What is clear is that, under the point of view of the regular steemian, Steemit INC seems to provide more problems than solutions…

I know, yeah, more than two years being an active member of this blockchain has taught me that STEEM IS NOT STEEM…so, don’t tell me this anymore or… I will downvote you (LOL), of course I’m joking…

but, wait… Do you think we are still dependent on these people?

I mean, is there not enough good developers in the community? (ie. @holger80 , @yabapmatt @aggroed , @netuoso etc… )

Could these good developers take care of the Steem Blockchain Code or are we “hooked” forever by the STEEMIT INC team?

These are questions for you, my prefered witnesses:

@abit
@actifit
@aggroed
@arcange
@blockbrothers
@cervantes
@coingecko
@cryptopassion
@curie
@dragosroua
@drakos
@emrebeyler
@fyrst-witness
@good-karma
@gtg
@holger80
@klye
@lukestokes.mhth
@mahdiyari
@partiko
@pharesim
@quochuy
@roelandp
@steemitboard
@steempeak
@steempress
@swisswitness
@themarkymark
@therealwolf
@yabapmatt

🗞 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 :

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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 !

Too good to be true…

Sorry guys….

It was too good to be true…

Thanks to @chesatochi I realized that steemworld is shown differently if I check @steemit using chrome or using firefox…

If using firefox I get this:

if using chrome I get this:

Perhaps I clicked on the “x” and I have permanently closed the pop -up window at Chrome… don’t know…

…but @whatsup was right… Seems that “they have no plans of changing their selling rate yet.

I’ve been Too Fast Eddie…

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