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? Daily Crypto News, July, 12th?

July 12, 2019 (updated July 12, 2019) Published by
  • Trump Tweeting About Bitcoin is ‘Achievement Unlocked,’ Says Coinbase CEO ;
  • Fed Chairman Jerome Powell Compares Bitcoin to Gold ;
  • Bitcoin Mining Industry is Booming as Difficulty Soars 14% to New High ;
  • Visa, Blockchain Capital, a16z Back $40 Million Series B Round for Crypto Custodian Anchorage ;
  • How Bitcoin Might Help the World’s Oppressed Sidestep Censorship – in Space ;
  • ? Daily Crypto Calendar, July, 12th?
  • STEEM Trading Update

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

? Trump Tweeting About Bitcoin is ‘Achievement Unlocked,’ Says Coinbase CEO

Donald Trump saying he is not a fan of Bitcoin (BTC) and cryptocurrency is “yuge” for the industry, commentators were suggesting after new tweets on July 12.


In the hours after the United States’ president delivered his lackluster appraisal of crypto, the Bitcoin price stayed stable, only to then begin growing to hit 1% gains Friday. 


Negative or not, for proponents, the event marked a psychological milestone for Bitcoin, as Trump had previously held off from mentioning it in public. 

? Fed Chairman Jerome Powell Compares Bitcoin to Gold

Federal Reserve Chairman Jerome Powell said he can envision a return to an era where multiple currencies are in use in the United States.


During Powell’s testimony before the Senate Banking Committee on Facebook’s planned Libra cryptocurrency, he said: “The size of Facebook’s network means it could be, essentially, immediately systemically important.”


Though the initiative raised “a lot of serious concerns,” including privacy, money laundering, consumer protection, and financial stability, he began to speak favorably about other cryptocurrencies.

? Bitcoin Mining Industry is Booming as Difficulty Soars 14% to New High+

Mining difficulty on the Bitcoin (BTC) network has taken its steepest upturn in almost a year, data from major Chinese mining pool BTC.com reveals.


On July 9, difficulty surged by over 14% to hit 9.06 trillion (9.06 T), at an average hash rate of 64.85 EH/s — a new all-time-high in the network’s history.


The last time the network posted such a sharp increase in block producing difficulty was back in late July 2018, when it soared almost 15% over a 2,016 block interval. 
At that time, however, average hash rate was at 42.59 EH/s and absolute difficulty was at a significantly lower 5.95 T.

? Visa, Blockchain Capital, a16z Back $40 Million Series B Round for Crypto Custodian Anchorage

Anchorage, a company providing crypto custody services for institutional investors, has just raised $40 million in a Series B funding round.


In an announcement Wednesday, the firm said the round was led by Blockchain Capital, with Visa Inc. and existing investors such as Andreessen Horowitz also participating. Anchorage has now raised $57 million in total funding since 2017.


Diogo Monica, Anchorage co-founder and president, said:


“Our mission at Anchorage is to advance institutional participation in the digital asset class, and this funding will improve our ability to do precisely that. To have the support of pioneering organizations like Visa and Blockchain Capital is a validation of Anchorage’s vision for the emerging economy of digital assets.”

? How Bitcoin Might Help the World’s Oppressed Sidestep Censorship – in Space

A loose group of developers are testing out the idea that the combination of bitcoin and orbital communication might provide a means for stopping governments or other powerful entities from suppressing news they don’t like.


Censorship is a worldwide problem, with one of the more recent examples include a new law strengthening the Russian government’s control over the internet, which pundits worry will be used to censor information that reflects poorly on it. As such, technologists have long tried to chip away at this problem with technology that ranges from privacy browser Tor to the walkie-talkie messaging app Zello, the latter of which Venezuelans used to read information that’s uncontrolled by the government and to organize protests a few years back.


A more recent effort is being waged by a small but global group of developers who are sending messages using satellites paired with software from the bitcoin technology startup Blockstream, initially deployed with the grand goal of allowing people worldwide access to bitcoin even if they didn’t have internet.

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? Daily Crypto Calendar, July, 12th?

“Third (stage 3 at block 1 500 000) reduction of POW miner’s reward,” in Q3 2019.

HUOBI Listing

“We are hosting an AMA this Friday, July 12th at 3:00 pm EST here on Reddit to go over an agenda of items and answer community questions.”

HarmonyAsia Korea from July 12 – 18.

“Ask us anything! Live Telegram AMA Friday 12 July starting at 8:00 AM GMT”

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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

The correction is still in progress on the STEEM and looks really powerfull. Today we broke the support line around 0.29$ and we are continuing to drop. We have a high risk now to go in the direction of the 0.24$ support line in red… yeah it is really low but we don’t have real support before. Let’s see !

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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 !

The Price of STEEM – Destination 10 Cents

July 12, 2019 Published by

We get so caught up in the day to day that sometimes I like to zoom out and look at a monthly price chart of a crypto to see what my broad guess would be for future price.

Boy I Wish I Wouldn’t Have Looked

This monthly chart of steem seen in the post.  Well, it definitely doesn’t give you the warm and fuzzies about future price action.

25 cents is a key area on the daily chart and price just bounced off it today.   It is important to hold that level because otherwise we are likely going to see 20 cents which is the most recent bottom on the monthly chart.

However, for tried and true support from the past though, we are looking at 10 cents steem.  TEN CENTS!  I really don’t want to experience that again.  I was here for it the first time and boy is that ride depressing.

Here’s hoping we see an uptick in alts, steem included.

The Sell Programs Need to End Already

I can say this, until these sell programs from some whales (not to be named) end it will be unlikely we see good price appreciation.  So many good things going on in the steem community and on the blockchain, but damn if that selling pressure just won’t let up!

Might as well power up // Just another Steem Dolphin post

July 11, 2019 (updated July 11, 2019) Published by
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Steem price action is horrendous to look at. Alts go up, Steem stays in place. Alts go down, Steem goes down like the worst of them.

So i thought… Whats really the point of moving my STEEM and trading it for something else when its not really worth it. Its completely and utterly undervalued and i have no idea what token out there comes close to how undervalued STEEM is. What am i going to trade it for?

Bitcoin? Ethereum? EOS? ETC, LISK or VERGE (haha i just peed a little)

Hell no! I might as well send it to @null. Buying anything else with Steem right now feels like a complete waste…

When i powered down a few k Steem weeks ago it was due to the hardfork which i disagree with but the more that i look at the situation right now it seems that it doesnt matter if its a hardfork, softfork, spoon or a spork.

Image result for matrix spoon gif

So ill just press the button.

Image result for power up

What was that one song…. I got it……Celebrate good times, come on!!!!

Its a dolphin party up in here! Everyones invited.

PS: There will be a separate area for bot owners behind the outhouse.

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? Daily Crypto News, July, 11th?

July 11, 2019 (updated July 11, 2019) Published by
  • Coinbase Is in Talks to Launch Its Own Insurance Company ;
  • Binance Officially Launches Its 2.0 Platform With Margin Trading ;
  • US SEC Approves Blockstack Token Offering Under Regulation A+ ;
  • Visa, Blockchain Capital, a16z Back $40 Million Series B Round for Crypto Custodian Anchorage ;
  • Winklevoss Twins’ Gemini Exchange May Join Facebook’s Libra Project ;
  • ? Daily Crypto Calendar, July, 11th?
  • STEEM Trading Update

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

? Coinbase Is in Talks to Launch Its Own Insurance Company

The takeaway:


Coinbase is exploring plans to set up its own “captive” insurance company, industry sources said.


At the start of this year, insurance broker Aon began establishing captive companies in the Cayman Islands, working with a handful of cryptocurrency firms.


Aon says a captive structure can help firms get access to additional coverage at more reasonable prices.


Insurance for crypto remains scarce, and major exchanges Kraken and Huobi say they simply self-insure by setting aside coins to cover losses from thefts or hacks.

? Binance Officially Launches Its 2.0 Platform With Margin Trading

Top crypto exchange Binance has launched its margin trading platform, an official blog post published today, July 11, reveals.


Binance’s move to expand trading possibilities to meet the full scope of institutional and retail traders’ needs had already been indicated by exchange CEO Changpeng Zhao this May — the same month the exchange had suffered a major hack incurring $41 million in losses.


In today’s announcement, Binance notes that margin trading — which allows exchange account holders to use their existing balances as collateral to open both long and short positions on crypto assets — can significantly amplify profit potential as compared with regular trading. 

? US SEC Approves Blockstack Token Offering Under Regulation A+

The United States Securities and Exchange Commission (SEC) has given blockchain-based startup Blockstack the go-ahead to run a $28 million public token offering under Regulation A+, according to a report by The Wall Street Journal (WSJ) on July 10.


Blockstack will reportedly launch its token offering online tomorrow, July 11. While other firms have previously taken advantage of Regulation A+ funding, this marks the first time that investors will receive a token, rather than shares in the company.


Regulation A+ is an initial public offering (IPO) alternative geared towards startups in need of early funding. Regulation A+ funding was introduced in 2012 via the “Jumpstart Our Business Startups Act.” As the report says, any member of the public can partake in a Regulation A+ funding round.

? Visa, Blockchain Capital, a16z Back $40 Million Series B Round for Crypto Custodian Anchorage

Anchorage, a company providing crypto custody services for institutional investors, has just raised $40 million in a Series B funding round.


In an announcement Wednesday, the firm said the round was led by Blockchain Capital, with Visa Inc. and existing investors such as Andreessen Horowitz also participating. Anchorage has now raised $57 million in total funding since 2017.


Diogo Monica, Anchorage co-founder and president, said:


“Our mission at Anchorage is to advance institutional participation in the digital asset class, and this funding will improve our ability to do precisely that. To have the support of pioneering organizations like Visa and Blockchain Capital is a validation of Anchorage’s vision for the emerging economy of digital assets.”

? Winklevoss Twins’ Gemini Exchange May Join Facebook’s Libra Project

Tyler and Cameron Winklevoss, co-founders of the New York-based crypto exchange Gemini, may soon join the Libra Association, the consortium governing Facebook’s proposed cryptocurrency.


“We’re definitely looking at it in earnest and we’re excited about the project,” Cameron told CoinDesk Tuesday.


Tyler added that in their view, Libra is a harbinger of cryptos to come:


“Our feeling is, this is the first of many FANG [Facebook, Amazon, Netflix and Google] companies to have a token project. Our prediction is in the next 24 months almost every FANG company will have a coin or be working on some sort of project.”

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? Daily Crypto Calendar, July, 11th?

6th Airdrop Snapshot

ColossusXT will be listed on SWFT Blockchain. $COLX can be bought with almost 200 different cryptocurrencies on SWFT app.

“On July 11th, $NULS will be holding our Basic and Business Application Module Workshop in San Jose, CA.”

Learn how to create your MRC20 token and how to deploy a smart contract for ICO in Mchain.

“6 Days to go till RIDE opens up new features for the #Waves ecosystem’s users!”

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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

I was saying you since days that the market was trying to break the support line at 0.34$, it is now done and as expected, we are droping heavly… That line became a major support line over the weeks and the break of it is again a very negative signal for the value of the STEEM… Lot of altcoins are using the excuse of a small correction on the BTC to have important drop but as always for correction, STEEM is again one of the best.

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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 !

? Daily Crypto News, July, 10th?

July 10, 2019 (updated July 10, 2019) Published by
  • Bitcoin Price Eyes Move Above $13K as Dominance Rate Hits 2-Year High ;
  • IRS Allegedly Hopes to Make Tech Giants Release User Crypto Activity ;
  • Facebook to Senators: Libra Crypto Will Respect Consumer Privacy ;
  • Bitcoin’s Mining Difficulty Just Posted Its Biggest Increase Since 2018 ;
  • Facebook Has No Plans for Calibra or Cryptocurrency in India ;
  • ? Daily Crypto Calendar, July, 10th?
  • STEEM Trading Update

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

? Bitcoin Price Eyes Move Above $13K as Dominance Rate Hits 2-Year High

View

Bitcoin’s violation of recent bearish lower highs with a move above $12,061 has opened the doors for a retest of $13,880.


Prices reinforced the bull breakout with a successful defense of the former resistance-turned-support of $12,061 soon before press time.


Bitcoin’s dominance rate has spiked to 27-month highs, backing the uptrend in prices.


A high-volume UTC close below $12,000 would abort the bullish view.

? IRS Allegedly Hopes to Make Tech Giants Release User Crypto Activity

The United States’ Internal Revenue Service (IRS) is allegedly considering requiring tech giants to report on crypto activity by users, according to a presentation reportedly from an IRS presentation and provided by a Twitter user on July 9.


According to the documents shared, the IRS hopes to use Grand Jury subpoenas on firms such as Apple, Google and Microsoft to check taxpayers’ download history for crypto-related applications.


Known as Crypto Tax Girl, Laura Walter, certified public accountant and crypto tax specialist, tweeted the presentation, which was allegedly for agents in the IRS’s Criminal Investigation division.

? Facebook to Senators: Libra Crypto Will Respect Consumer Privacy

Facebook blockchain lead David Marcus told U.S. lawmakers that the social media giant plagued by privacy scandals won’t have access to personal financial information with its new cryptocurrency.


In a letter dated Monday to the Senate Banking Committee responding to pointed questions the lawmakers sent in May, Marcus took a diplomatic tone, acknowledging the panel’s concerns about data privacy and telling them:


“I want to give you my personal assurance that we are committed to taking the time to do this right.”


A similar letter was sent to the House Financial Services Committee, the Hill reported earlier Tuesday.

? Bitcoin’s Mining Difficulty Just Posted Its Biggest Increase Since 2018

Bitcoin mining difficulty – a measure of how hard it is to compete for mining rewards on the world’s first blockchain network – has posted its largest two-week increase in 12 months.


According to BTC.com data, mining difficulty reached 9.06 trillion (T) at block height 584,640 around 9:17 UTC on July 9, surpassing the previous record of 7.93 T by 14.23 percent. This was the strongest growth in any two-week period since August 2018 – a sign that competition among miners is not only intensifying but doing so at an accelerated rate.


The bitcoin network is designed to adjust its mining difficulty every 2,016 blocks (roughly 14 days) based on the participating mining power in each cycle, in order to ensure the block-producing time at the next period stays at about every 10 minutes.

? Facebook Has No Plans for Calibra or Cryptocurrency in India

Facebook Inc has no plans to offer its Calibra digital wallet services in its largest market, India, the social giant said, just as a top government official expressed skepticism about its newly-announced cryptocurrency Libra.

“There are no plans to offer Calibra in India,” a Facebook spokesman said in an email, effectively ruling out the rollout of its Libra cryptocurrency in the country. “As you may know, there are local restrictions within India that made a launch of Calibra not possible at this time.”

India’s central bank, the Reserve Bank of India, has banned banks from dealing in cryptocurrencies but informal networks abound. In an effort to curb them, the government is proposing a law with stringent penalties, including prison sentences of up to 10 years. Subhash Garg, the country’s economic affairs secretary, said in an interview to Bloomberg that India would not be comfortable with a private cryptocurrency.

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? Daily Crypto Calendar, July, 10th?

The mainnet launch will be the kickoff for enterprises to provide their idle cloud resources in the Ankr application.

“In 104 hours $Waves blockchain is going to change forever! just 4 days. #dapps are coming home to #wavesplatform.”

Zcoin releases version 13.8.1.

“On July 10, PundiX and Binance will have a meetup in Medellin Colombia ”

“Interested in building on #EOSIO? Join us on July 10th from 8-10am (HKT) for a walkthrough of all you need to know about getting started.”

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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

So most of the altcoins are still in depression mode and for sure it is also the case on the STEEM. Since yesterday, we are trying to break the support around 0.34$ but till now, we are lucky and that line is holding us. For how many times, I really don’t know but let’s at least enjoy that little positive news.

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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 !

? Daily Crypto News, July, 9th?

July 9, 2019 (updated July 9, 2019) Published by
  • Bitcoin Price Hits $12.8K as Major Investor Says $100K Quite Easy by 2021 ;
  • Safety Without Silos: Why Businesses Will Learn to Love Public Ethereum ;
  • NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim ;
  • US SEC and FINRA Issue Statement on Crypto Custody Issues ;
  • Lawmakers Push for New Bitcoin Rules ;
  • ? Daily Crypto Calendar, July, 9th?
  • STEEM Trading Update

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

? Bitcoin Price Hits $12.8K as Major Investor Says $100K Quite Easy by 2021

Bitcoin price (BTC) felt more bullish than ever June 9 after another 24 hours of upside propelled markets close to $13,000.

Market visualization courtesy of Coin360

Data from Coin360 painted a rosy picture for cryptocurrency traders, with bitcoin still leading the way in terms of daily gains. 

At press time, BTC/USD was up 11% versus Monday on $12,666. The pair had reached as high as $12,707 before a slight pullback below the $12,700 barrier. 

Bitcoin 7-day price chart

? Safety Without Silos: Why Businesses Will Learn to Love Public Ethereum

In 2015, the Ethereum public mainnet launched, followed by a raft of private blockchain offerings targeting the enterprise. This opened the floodgates on companies prioritizing collaboration, funding long-overdue digitization efforts, and extending business processes across corporate borders.


Today, a new epoch of system integration is underway. However, efforts to make blockchain technology enterprise-friendly split the community into two camps: public networks versus private networks. The dichotomy was wrong-headed from the start, making it easy to believe that public blockchain networks shouldn’t be used in confidential business operations and that private networks were safe and secure.


The first belief is wrong, and the second is dangerous.

? NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim

The New York Attorney General’s Office (NYAG) has submitted new evidence in its aim to prove that crypto exchange Bitfinex and Tether had served New York customers longer than they claimed.


As part of the NYAG’s ongoing investigation into Bitfinex and Tether, the NYAG filed a Memorandum of Law in Opposition, an affirmation, as well as a total of 28 pieces of exhibits on July 8, with the New York Supreme Court.


The NYAG said in the new documents:
“Even a cursory examination of the facts gathered to date in the OAG’ s investigation shows that Respondents have extensive and consistent contacts to New York concerning the matters under investigation.”

? US SEC and FINRA Issue Statement on Crypto Custody Issues

SThe United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) outlined regulatory compliance issues for cryptocurrency custodians in an announcement on July 8.


According to the joint statement, the organizations have yet to discover a set of circumstances in which a crypto custodian could comply with the SEC’s Customer Protection Rule, which is described as follows:


“Put simply, the Customer Protection Rule requires broker-dealers to safeguard customer assets and to keep customer assets separate from the firm’s assets, thus increasing the likelihood that customers’ securities and cash can be returned to them in the event of the broker-dealer’s failure.”

? Lawmakers Push for New Bitcoin Rules

The Internal Revenue Service is expected to update its 2014 guidance on cryptocurrencies in coming weeks, following an April request from a bipartisan group of 20 lawmakers. It is part of a broader push to boost the nascent cryptocurrency industry. Congress is considering at least three bills that would resolve some of the murky legal issues surrounding digital money.

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? Daily Crypto Calendar, July, 9th?

“Stay tuned because we have a great announcement for you on July 9th!”

“#BountyProgram starting on 9th July”

Voyager and Ethos YouTube livestream community Q&A at 3 PM (EST).

Dapp competition submit your ideas by 9th of July.

“Chainlink Integration Engineer Thomas Hodges is leading a meetup in Plano, TX next Tue July 9th.”

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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

The market is currently trying to break the support line at 0.34$… It is quiet sad because when BTC is doing nice UP, STEEM is dropping and when BTC is doing a correction, STEEM is droping also… To resume it, we are not able anymore to add value to our blockchain….


I start to be really worry for our little coin because if all of that continue, yeah we will finish to be outside of the Top100, we will have less volume, less investors and all that, whatever the improvements that we will have…

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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 !

? Daily Crypto News, July, 9th?

July 8, 2019 (updated July 8, 2019) Published by
  • Social Network Taringa! Launches Stablecoin Rewards for 27 Million Users ;
  • Libra Isn’t a Cryptocurrency. It’s a Glimpse of a New Asset Class ;
  • High-Frequency Trading Is New Battleground in Crypto Exchange Race ;
  • Singapore Wants to Drop VAT for Transacting in Cryptocurrencies ;
  • European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra ;
  • ? Daily Crypto Calendar, July, 9th?
  • STEEM Trading Update

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

? Social Network Taringa! Launches Stablecoin Rewards for 27 Million Users

Latin American social networking giant Taringa! has partnered with MakerDAO and e-wallet provider Airtm to launch a stablecoin-powered points system for its 27 million strong user base. 


According to an official Taringa! news release published on July 7, the development was revealed on Friday during the Blockchain Summit Latam in Mexico City.  


The pilot program, dubbed “Taringa! Pioneers,” will reportedly reward users with points for creating popular platform content, which can then be monetized by being converted into MakerDAO’s Ethereum blockchain-based stablecoin DAI. 

? Libra Isn’t a Cryptocurrency. It’s a Glimpse of a New Asset Class

Coming from an organization so tied to the question of identity (whether real or not), it is surprising that Facebook’s Libra coin seems confused about its own.


The organization has chosen to brand Libra “a stable global cryptocurrency,” and the label “cryptocurrency” has been replicated by media around the world. Yet Libra is not a cryptocurrency.


Don’t get me wrong – those of us in the sector appreciate the global attention given to the concept since the announcement.
But in this case the definition matters beyond semantics: it will affect eventual use cases and regulatory treatment. It could also transform how investors view both stablecoins and blockchain-based securities going forward.


What’s in a name?
First, let’s look at why it’s not a cryptocurrency.

? High-Frequency Trading Is New Battleground in Crypto Exchange Race

The Takeaway


High-frequency trading (HFT), a longtime and controversial practice in traditional markets, is becoming commonplace in crypto, too.


Placing trading servers physically close to exchanges’ matching engines can win an edge on speed. This helps HFT firms make large profits in the legacy markets.


Crypto exchanges such as ErisX, Huobi and Gemini are trying to attract large algorithmic traders with colocation offers.
Demand for the service is high, but its benefits are a matter of debate, due to the structure of the crypto market.

? Singapore Wants to Drop VAT for Transacting in Cryptocurrencies

Singapore plans to exempt cryptocurrencies that are intended to function as a medium of exchange from Goods and Services Tax (GST) — the local equivalent of Value-Added Tax (VAT).


The news was revealed in a draft e-tax guide published by the Inland Revenue Authority of Singapore (IRAS) on July 5.


The proposed exemption, if accepted, is set to take effect on January 1, 2020, and will overhaul the current system wherein the supply of digital payment tokens is treated as a taxable supply of services. 

? European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra

European Central Bank executive board member Benoit Coeure said that financial regulators must act fast to prepare for Facebook’s Libra stablecoin, Bloomberg reports on July 7.


Per Bloomberg, Coeure argued on Sunday in Aix-en-Provence in southern France that allowing for the development of new financial services and asset classes in a regulatory void is irresponsible. He concluded:


“We [financial regulators] have to move more quickly than we’ve been able to do up until now.”


According to Coeure, the development of digital assets has exposed gaps in current financial regulations, and underlines banks’ slow rate of adoption of new technologies:


“All these projects are a rather useful wake-up call for regulators and public authorities, as they encourage us to raise a number of questions and might make us improve the way we do things.”

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? Daily Crypto Calendar, July, 9th?

“The world’s first Generalized State Channel Network is scheduled to go live on July 8th!”

“NULS will release the core chain-creation product ChainBox on 8th July(GMT+8), thereafter, begin NULS 2.0 public beta.”

FintruX globally launches the TruX platform at RISE 2019 in Hong Kong, which is scheduled from July 8-11.

“T-3 days until #BitTorrentSpeed is available for 100 million users around the world!”

Dapp (Decetralized App ) demo day on 8th of July.

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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 stabilizing on the support line at 0.34$ since days now, waiting for the next big move on the BTC. Let’s really hope that the BTC will go up because if it is not the case, I’m sure that this support line at 0.34$ will be broken just in some seconds and that we will go in the direction of the last low around 0.23$. If it is a UP, first objective is the orange resistance line around 0.39$.

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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 [W8]

July 7, 2019 (updated July 7, 2019) Published by

Another stagnant-price week = Another Good Chance for building your account on the Steem blockchain.

No one likes to see our beloved blockchain losing places at the coinmarketcap list week after week. We have touched the 77th position this week and we are now at the 74th, hope we have touched the bottom… What is clear is that still there are so much Liquid Steem in the Exchanges but I think the increasing trend is decelerating a little, I guess that the reductions on withdrawals to exchanges by @steemit this week is helping a little.

However, as I said in the first paragraph, I remember many people complaining about how expensive was to buy Steem at the time it was costing 4, 5 or 6 USD each, and many of them were almost hoping to see a lower steem price in order to buy and compound/build their accounts.

Ok, so the good time for buying STEEM is NOW.

Despite the current correction of the Crypto Market, BITCOIN is growing, scaling in price, recovering its dominance.

Altcoins, as STEEM, are struggling behind because now, what people is looking at is mainly how to accumulate BITCOIN instead, anyway if for doing so they will lost their investment in other crypto projects…as ours.

What too many people is forgetting when doing this is that once BITCOIN will stabilize its dominance, the transference period will arrive and so, those who have been building their accounts day by day will have their prize…

And then, we will read and hear again people complaining about “how expensive will be to build their Steem account at the current prices” and “what a pity I did not invest 150$ to become a minnow when Steem was so cheap…”

Believe me, that will happen again.

Don’t look for better Social Related Blockchains, STEEM is the one and only. The development is higher here, the communities are stronger and the level of decentralization, despite not being perfect, is also good.

For me there are three important words in order to self-success at the STEEM blockchain:

INVESTING

ENGAGING

COMPOUNDING

Probably, the most important is ENGAGING but the combination with the other 2, INVESTING and COMPOUNDING, makes as a result the SUCCESS in the platform.

SBI SPONSORING

My SBI shares for this week are going to @javirid , @anaclark and @mrhill .

@javirid has already crossed the line of “MINNOW HOOD” a few days ago, I am super happy for him. Additionally, he has revealed this week the project on which @javirid is working on. He has not explained it in detail but it seems to be an Steem-based dapp in order to provide an interface of @dsound application . As I said many times before, this guy deserves to be supported and followed because besides being a good developer, he has a clear thinking and very interesting opinions about any topic, from politics to Blockchain technology.

@anaclark stole my heart a few weeks ago… however, she stopped writing for a while a few weeks ago, but now she is back fully motivated and willing to understand as much as possible about our Blockchain. I would recommend you to read this post and this post from her which are very interesting. She is starting to understand how the Steem Blockchain works so she is posting questions openly about SP, SBD, Power up/down, rewards… I think she is already hooked by the project (LoL).

Besides the @steembasicincome share I am going to delegate some SP to her, just to give her some release in terms of Resource Credits “maneuverability”.

@mrhill , another guy who deserves more attention. He is really progressing very fast and also has received a delegation recently from @grider123 . He has wrote an amazing post about “COMPOUNDING SP” with some interesting experiences in.

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

And that’s all for this week folks!

Steem on.

@toofasteddie

? Daily Crypto News, July, 5th?

July 5, 2019 (updated July 5, 2019) Published by
  • June Sets Records for CME Bitcoin Futures as Sign-Ups Surge 30% ;
  • Billion-Dollar Returns: The Upside of Facebook’s Libra Cryptocurrency ;
  • President Maduro Orders The Bank of Venezuela to Accept Petro Crypto ;
  • Dogecoin Price Surges 37% Following Binance Listing Announcement ;
  • ‘I Guess I’ll Have to Hodl It’ — Peter Schiff Admits Having Bitcoin ;
  • ? Daily Crypto Calendar, July, 5th?
  • STEEM Trading Update

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

? June Sets Records for CME Bitcoin Futures as Sign-Ups Surge 30%

CME’s bitcoin futures product is continuing to show signs of increased popularity, with June setting a new record for open interest amid a surge of new account sign-ups.


More than 2,960 accounts have traded CME Group’s bitcoin (BTC) futures across all client types and time zones since launch, according to new data from the derivatives marketplace. In 2019 alone, there has been more than 950 new accounts created, marking a 30 percent increase in total client sign-ups, CoinDesk has learned.


In addition, the number of large open interest holders, entities that hold contracts worth at least 25 BTC (worth $280,000 at press time) grew to 49, up from an average of 46 during the last week of June, a new record.

? Billion-Dollar Returns: The Upside of Facebook’s Libra Cryptocurrency

At first glance, Facebook’s Libra cryptocurrency doesn’t make sense. 


On its face, it is a non-speculative token which uses enough decentralization to make it difficult if not impossible for Facebook to profit off it as the company does from its social media platform.  


But in crypto, there is always an upside to the people who launch a new protocol, in the event the protocol succeeds and even in many cases for simply having started development of the project.


This article deals specifically and exclusively with that upside, admittedly handwaving aside many other potential issues with the protocol, to be addressed elsewhere.

? President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4.


According to the tweet, Maduro gave “the express order to open Petro desks in all the branches of the Bank of Venezuela.” The announcement apparently came during an event celebrating the tenth anniversary of the nationalization of the bank in question.


On June 19, Maduro announced that 924 million bolivars (over $92.5 million) were allocated to the Digital Bank of Youth and Students to open one million Petro wallet accounts for the country’s youth. José Angel Alvarez, president of the country’s National Cryptocurrency Association, commented to cryptocurrency news outlet CCN:


“It is a bold and correct decision to move forward towards a hybrid economy where the fiduciary currency of a country competes face to face with cryptocurrency.”

? Dogecoin Price Surges 37% Following Binance Listing Announcement

The price of the popular dogecoin cryptocurrency is surging after the announcement that it will soon be listed on the Binance exchange.


Binance said in a support notice that trading will open for dogecoin (DOGE) at midday (UTC) Friday.


The exchange will at launch offer trading pairs for DOGE against Binance coin (BNB) and bitcoin (BTC), as well as the stablecoins tether (USDT), Paxos standard (PAX) and USD Coin (USDC).


Users can already deposit DOGE in preparation for trading, the exchange said.

? ‘I Guess I’ll Have to Hodl It’ — Peter Schiff Admits Having Bitcoin

Veteran gold bug and bitcoin (BTC) skeptic, Peter Schiff, has taken delivery of $1,350 worth the cryptocurrency after the industry sent him donations on July 4.


Schiff, who is well known for warning investors not to trust bitcoin as replacement for gold, triggered the goodwill gestures after becoming the topic of a Twitter debate with Morgan Creek Digital co-founder, Anthony Pompliano.
Pompliano (also known as Pomp), highlighted the fact that Schiff in fact does own some BTC despite his negative comments. 


”This raises serious privacy, trading, national security, and monetary policy concerns for not only Facebook’s over 2 billion users, but also for investors, consumers, and the broader global economy.”

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? Daily Crypto Calendar, July, 5th?

Create token dapp release ( Everyone Can Create their Own VEX.Token ) on 5th of July.

Live Telegram AMA from 20:00 – 21:00 (GMT + 8).

Software Update

“Prof Steve Deng @SteveDeng_AI and Owen Tao @Owen_Matrix will answer them in Next Friday’s AMA.”

“Join us this Friday afternoon (EST) as special guest Dave Winterstein (co-founder and CEO) takes over the Aion AMA. ”

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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

The market is again trying to break the support line at 0.34$. As we can see, till now that line is doing well its job but I’m not sure it will stay alive long time if we continue to test it like that hours after hours. However, long tests like that can also show that we are reaching a low and that the market doesn’t want go lower. So everything is not always negative but for sure I would like to see the STEEM going UP and take some distance from that support line.

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? Daily Crypto News, July, 4th?

July 4, 2019 (updated July 4, 2019) Published by
  • Facebook’s David Marcus: Libra Crypto Users Won’t Have to Trust Us ;
  • Bitcoin Rallies $2K in 24 Hours But Price Hurdles Remain Intact ;
  • Pompliano 75% Confident Bitcoin Price is $100,000 by End of 2021 ;
  • ‘Release the Tape!’: Nouriel Roubini Calls for BitMEX CEO Debate Video ;
  • US Congress Requests Moratorium on Facebook’s Libra Stablecoin ;
  • ? Daily Crypto Calendar, July, 4th?
  • STEEM Trading Update

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

? Facebook’s David Marcus: Libra Crypto Users Won’t Have to Trust Us

Facebook’s David Marcus is pushing back against concerns about the social media giant’s new cryptocurrency project, Libra.
In a note published Wednesday on Facebook, Marcus addressed “a number of questions and a few misunderstandings” about the project.


The social media giant’s blockchain lead also confirmed he would be testifying before both the Senate Banking Committee and the House Financial Services Committee on the project later this month.


In Wednesday’s post, Marcus sought to address a number of issues that have been raised by lawmakers and informed observers alike, including whether Libra is actually decentralized, why there isn’t a charter in place for the Libra Association and whether Libra can actually address financial inclusion.

? Bitcoin Rallies $2K in 24 Hours But Price Hurdles Remain Intact

View


Bitcoin has risen nearly $2,000 in the last 24 hours, establishing strong support at $9,600.


The outlook, however, would only turn bullish once the bearish lower-highs pattern is invalidated with a move above $12,448. A breakout, if confirmed, could be followed by a rise to or above the recent high of $13,880.


Bitcoin could fall back to $9,600 if prices fail to hold above $10,830 in the next 24 hours, validating the bearish crossover of the 5- and 10-day moving averages.

? Pompliano 75% Confident Bitcoin Price is $100,000 by End of 2021

The operator of Binance’s upcoming U.S. crypto exchange, BAM Trading Services, has hired a former Ripple executive as its CEO.


BAM announced on Tuesday it had appointed Catherine Coley as CEO, who will be responsible for rolling out Binance U.S., as well as expanding the exchange’s marketplace in North America.


Prior to joining the firm, Coley was the head of  XRP Institutional Liquidity at San Francisco-based distributed ledger tech startup Ripple, BAM said in the announcement.

Before entering the blockchain and crypto space, Coley worked for banking giant Morgan Stanley in Hong Kong and London in the institutional foreign exchange market, and handled international payments and global treasury management for startups while at Silicon Valley Bank.


Changpeng Zhao, founder and CEO of Binance, said in the announcement:


“I am confident that with Coley’s leadership and Binance’s leading technology platform, Binance.US will be able to provide valuable services to the U.S. community.”

? ‘Release the Tape!’: Nouriel Roubini Calls for BitMEX CEO Debate Video

NYU professor and noted anti-cryptocurrency economist Nouriel Roubini exploded online last night after a debate with Arthur Hayes, CEO of BitMEX, at the Asia Blockchain Summit in Taipei. The debate, called the “Tangle in Taipei,” was allegedly not streamed live at the behest of the organizers and and Roubini wasn’t having it.

Hayes, for his part, shot back at the economist, further enraging Roubini.

? US Congress Requests Moratorium on Facebook’s Libra Stablecoin

The United States House of Representatives Committee on Financial Services requested Facebook and its partners to stop the development of the Libra stablecoin.


In a July 2 letter addressed to Facebook CEOs Mark Zuckerberg and David Marcus, and COO Sheryl Sandberg, the lawmakers request that Facebook and its partners immediately agree to a moratorium on the development of Libra and its dedicated Calibra wallet. 


The committee claims that the project may lead ”to an entirely new global financial system that is based out of Switzerland and intended to rival U.S. monetary policy and the dollar.” The committee notes that it believes such an endeavor could have serious implications:


”This raises serious privacy, trading, national security, and monetary policy concerns for not only Facebook’s over 2 billion users, but also for investors, consumers, and the broader global economy.”

? Daily Crypto Calendar, July, 4th?

Equal (EQL) will be listed on Binance DEX on 4th July 2019.

100 KBC can be exchanged for 1g of gold.

“Join us together on the evening of 4 July with Cardano Foundation members!”

Japanese language support for the iOS wallet will be released.

“Join us for the IOTA Barbecue Satellite TOA Event in Hafenküche July 4 at 6PM.”

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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 can clearly see that the 0.34$ became an important point on the STEEM chart as support but also as resistance. As I was supposing yesterday, the support line has not really been broken and the market decided to save it some hours after the little break. You can see now that we are upper of that line so let’s see if a bigger candle will come in the coming hours to confirm that we saved that support line.

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Last Updates

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