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Cmon, do something …
We had a relatively quiet week on the market, from a price point of view. The total market capitalization dropped to a low of around $ 206B in the middle of the week, before rising to $ 221.1B today – a total loss of about 2% during the week.
This lack of price movement has come on the heels of almost no significant news. So, we should not be so surprised. Although, in weeks like this, it would be nice to see the price trend in the opposite direction. We check the first three coins.
Bitcoin he had the best week, only losing 1.01% of its value
Ethereum continued its decline in weekly prices (albeit far more bearable) with a Loss of 1.60%.
After a phenomenal run last week, XRP finished this week as the big loser, posting to 3.83% decline in prices.
Cryptocurrency market statistics (9/28/18)
Bye Bye Blockchain Ban: Oh happy day! Google announced this week that a total ban on cryptocurrency ads will end in October. The updated policy does not mean that it will still be a free publicity for everyone. ICO announcements, portfolios and trading tips are still blacklisted and approved ads can only be published in the US and Japan. Following the directions of Facebook, the encrypted companies must complete an application to advertise their products or services.
Walmart tells suppliers, "Blockchain or bust": On Monday, Walmart informed partners that California-based product suppliers need to join their supply chain blockchain system or lose their business. Switching to the production of tracking with blockchain should help Walmart to reduce the scope of the recalls in case of contamination. Frank Yiannas, Walmart's vice president of food security, told reporters that Walmart has been experimenting with blockchain technology for two years, so the requirement "should not really surprise".
It is likely that this requirement will not stop just producing or how the Walmart drivers are going well. We hope that other food-based supply chains will also get on board. I look at you, Chipotle.
Cryptographic leaders meet with Capital Hill Heavies: More than fifty participants joined a round table hosted by Representative Warren Davidson, R-Ohio, on Tuesday to discuss the future of the cryptocurrency world. A key point was that the burden of regulatory uncertainty would stifle innovation as companies fear to overload resources to commit legal infractions due to a misinterpretation of laws.
In addition, the participants criticized the application of the "Howey Test", a law on 72-year titles, to digital currencies. SEC President Jay Clayton has previously established a firm position that he does not intend to update the "Howey Test" for cryptocurrencies. Mike Lempres, Coinbase's Chief Policy Officer, based in San Francisco, said: "We all want a fair and orderly market, we want the same things that regulators do – it does not have to be done the same way it was done in the past, and we must be open to this. "
Circle launches Stablecoin (USDC): In perhaps one of the strangest trends in the cryptocurrency space, the Boston-based payments company, Circle, has launched its stablecoin with the dollar called USDC. This release follows the launch of the Gemini & # 39; s stablecoin (GUSD) cryptocurrency exchange. While these stablecoins are not in direct competition as they will probably be natives of each exchange (Circle = Poloniex), they are designed to cut off part of the market share from the stable leader Tether (USDT).
Media Roundup
These stories do not exemplify the pioneering adoption, but show the small ways in which Bitcoin (and blockchain) continues to enter the mainstream.
I would like to call a friend: Bitcoin and blockchain have made their appearance in the Australian version of the popular game Who He wants to be a millionaire.
The Brickstring type has a nice sound. Image courtesy of Reddit MyPlanetpage user.
Collectible Crypto Bobbleheads: The Los Angeles Dodgers presented more than twenty thousand fans to Ethereum this week with digital collectible bobbleheads at their match against the Padres.
B.I.T.C.O.I.N (11 points): Scrabbleheads rejoices. Bitcoin is now officially in the Scrabble dictionary.
Elkrem allows the creation of IoT blockchain devices: Elkrem brings together the worlds of IoT and cryptocurrency. Find how
The videogames careers accelerate on Hyperdrive with Cryptogames: Now you can earn some money from your sofa in your PJ thanks to Cryptogames.
NSA tools used to free Crypto Mining malware from hackers: Ooops! A leaked NSA exploit is making it possible for hackers to extract crypto using your computer. Someone is fired …
The advantages of Blockchain Beyond Speculation: Yes, When the moon? Memes are fantastic But have you ever thought about all the other types of value that blockchain brings?
A UK-based Indacoin Cryptocurrency exchange guide: Indacoin is Indahouse. We give you the low-down on this exchange based in the UK with fiat conversions.
The founder of Ikigai Travis Kling on Cryptocurrency Hedgefunds, ICOs and more: Complicated name Simple mission: better patrimonial investments.
How the national cryptocurrency of Venezuela works: Six months after the launch, let's take a look at the way Petro is holding. Spoiler warning: Not well.
Beginner's Guide to Stellite: A dip in the nitty-gritty of a less known secret coin, Stellite.
Bitmain IPO: threatening threats and insights from a bear market: Does Bitmain's IPO continue to hold water in the middle of a bear market? Let's find out.
Austria authenticates the bonds with Blockchain: Of "Auf Wiedersehen "to traditional databases. Next Tuesday, the Austrian government plans to publicly issue 1.15 billion of bonds in an auction. Following the issuance, the government will notarize data from the bond auction on the Ethereum blockchain. It seems that this will not be the last of the blockchain in Austria.
Finance Minister Hartwig Löger announced during the announcement that "blockchain technology is an economic policy objective for us and with the establishment of the FinTech Advisory Council at the Ministry of Finance, we are developing strategies to help Austria to make the best possible use of these developments ". Thanks, Google Translate!
Bitmain IPO takes some outburst: Bitmain mining and ASIC miner juggernaut Bitmain has released its IPO prospectus on the Hong Kong Stock Exchange and has shown strong but poised growth. Concerns began to arise from the looming threats of a bear market and the devalued holdings of Bitmain's cryptocurrencies.
Swiss Crypto Bank generates a hundred dollars: The Seba Crypto AG, based in Zug, said it had raised 100 million Swiss francs ($ 104 million) from private and institutional investors to become one of the first regulated banks in the world that allowed a simple exchange of dollars and euros in cryptocurrencies. The Swiss financial services company is managed by former bankers of UBS Group AG. The launch of the venture is subject to the approval of a banking license by the Swiss financial company Finma and the team plans to apply for a license by the end of October.
reported
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