This week in Crypto: 3 August 2018

Do not step on my trend line

The asset-level crypto market has been a hit this week. After a week of near gains canceled by a quick sell-off following the refusal by the SEC of Winklevosses' last deposit of ETF, the total capitalization of the crypt fell of 8 % during the week. At $ 263 billion, it's just above some of the lower numbers published this year.

Bitcoin: At $ 7,400, Bitcoin lost 6% of its value during the week.

Ethereum: Fairing worse, Ethereum is down 10% in the week to $ 413.

XRP: Almost stagnant, XRP has lost only 2% [19659004] this week, with a price of $ 0.43.

  Market Stats (8/3/18)

Domestic News

Dept. of the recent Fintech report of the Treasury turns briefly to Blockchain: In a report to President Trump entitled "A financial system that creates economic opportunities: Nonbank Financials, Fintech and Innovation ", the US Treasury Department has tackled the blockchain theme along with other thriving FinTech technology such as AI, cloud computing and others. "New technologies, such as predictive data analysis, artificial intelligence and distributed blockchain or ledger technology, are examples of promising innovations that could be used by financial services companies. Regulatory treatment may be uncertain, if only because innovative technology takes time to mature, "the report reads.

In the United States, Blockchain Funding In 2018 it is exceeding the numbers of 2017: In a report by KPMG, the big four companies found that, together with FinTech's international investments that exceed the total of 2017 up to this in 2018, blockchain investments in the United States are also on the rise. "In the first half of 2018, blockchain investments in the United States exceeded the total investment seen in 2017, led by $ 100 million + round of financing to R3 and Circle Internet Finance.A number of other significant blockchain also occurred during the first and second quarters of 2008, including a $ 65 million increase in Paxos' B series aimed at helping him to scale up the delivery of his blockchain platform, "the report reads.

Long Blockchain, Formerly Long Tea Iced Island, Slapped With Subpoena From SEC: At the height of bitcoin's clamor last year, Long Island Ice Tea decided it would change its name to Long Blockchain. The move was a plus for the tea maker, as his stock rose more than 300% in response to rebranding. Well, the SEC has acknowledged, requesting financial documents with a summons of 10 July. "The company is fully collaborating with the SEC investigation," the company said in a statement. "The company can not predict or determine whether a proceeding can be initiated by the SEC in connection with the summons or the outcome of any proceeding that may be initiated."

Bill Clinton to Kickoff Ripple October Tech Conference With Keynote Address: The 42nd President of the United States, the great father Bill Clinton, is scheduled to hold the introductory speech at the Ripple autumn conference, Swell, to be held in San Francisco, California on October 1st and 2nd. Ripple chose the former president to open the conference because, "[at] a period when revolutionary technology and regulation were often on a collision course, President Clinton helped usher in a period of extreme growth and adoption of the Internet, giving shape to what it is today.It has also created programs that have filled the "digital divide" and brought new technologies to underserved communities around the world, "reads the blog post of the announcement.

Study: only 2% of US investors Keep Bitcoin, Crypto in some form: A survey conducted jointly by Gallup and Wells Fargo shows that bitcoin is still a relatively unexplored territory for most US investors. According to the result of the study, "only 2% of investors say they currently own bitcoins and less than 1% expect to buy it in the near future, while most investors say they have no interest in buying bitcoins, about one out of four (26%) claims to be intrigued by it but will not buy it at any time. "

The decentralized exchange is launched in San Francisco, using XRP as the base currency: The San Francisco-based DCEX exchange Francisco was launched this week. Using XRP as the base currency, the exchange is powered by a blockchin platform created by AlphaPoint. "DCEX is a next-generation crypto-to-crypto market, with all currencies trading against XRP (XRP) as a base currency, customers will be able to exchange a total of 15 pairs of coins: XRP, Bitcoin (BTC) ), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum classic (ETC), OmiseGo (OMG), EOS (EOS), DASH (DASH), Tron (TRX), Monero (XMR), VeChain (VEN), IOTA (IOTA), ZCash (ZEC) and stable-currency TrueUSD (TUSD), with plans to add Neo (NEO), Cardano (ADA) and other pairs in the coming months. DCEX offers access to all ten coins listed in the Bloomberg Galaxy Crypto Index (BGCI) in one position, "reads an official blog post.

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Digital money regulations should be among the highest priorities of Congress, says the famous legislator: This legislator thinks Congress should put cryptography at the top of his to-do list.

A short history of the Silk Road: drugs, (non) violence and video games: A look on the Silk Road and just what happens in the dark markets of the web.

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What is Gridcoin?: The Gridcoin platform creates a supercomputer-like environment by combining the computational power of each user on the network.

DMG Blockchain is installing a Cryptocurrency mining substation: DMG Blockchain Solutions, a The cryptocurrency mining company that also provides blockchain solutions, is currently configuring a substation and a 85 megawatt encryption transformer. This is in an attempt to expand its mining operations.

Reasons for US authorities being challenged to legalize Bitcoin casino transactions: In this article, we examine why regulators in the United States have been slow to legalize transactions made through bitcoin casinos. We also see why these policies are unlikely to change in the coming years.

Crypto Mining: Google Play Store joins Apple in Banning Mining Apps: First, they came for ads, then they came for apps.

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Blockchain Digital advertising platforms used to fight fraud: Transparency, efficiency, reliability: how the blockchain can change digital advertising and make it more honest.

The cryptocurrency regulation will destroy innovation?: Many think that regulation calls for innovation, but others are not so convinced.

The government of the Indian state has implemented Blockchain technology: On July 26, the Indian state of Telangana announced initiatives to exploit the blockchain to mitigate the pervasive corruption and fraudulent activity embodied in state governments and national.

The sharing of the economy societies is bound to be interrupted by Blockchain: From decentralized Ubers, Airbub and beyond, crypto maintains the ethos of the sharing economy at the center.

Blockchain waste management | One Man & # 39; s Rubbish is another treasure: Now, with the advent of decentralized technology that Bitcoin has pioneered, companies are trying to block significant waste solutions.

Knowing your categories of cryptocurrency means knowing your portfolio: Diversity is fundamental, especially in this volatile industry.

The new British market study highlights the lack of cryptocurrency. Understanding: Although the industry will be ten years old soon, there is still a lot of misunderstandings surrounding it.

Capitalization of the cryptocurrency market: what is it? How to use it ?: A beginner metric, market capitalization is an essential tool for any investor and trader.

Ethereum Vs. EOS | An analysis of the two largest Dapp platforms of Blockchain: If Bitcoin and Bitcoin Cash are natural opposites, Ethereum and EOS are creating a rivalry between the two biggest opposing coins in the crypt.

Part 3: Interview with Andy Levine on Steem Today and Tomorrow: Take a look at the third round of our interview with Steem's Andy Levine.

Bermuda, Malta, Gibraltar and Liechtenstein Lure Cryptocurrency Companies: These small countries are trying to attract big players to their borders [19659027] How to buy Ripple on GateHub | Detailed Guide: A succinct guide to buying Ripple on GateHub.

uPort & # 39; s Danny Zuckerman on Self-Sovereign Identity: Enjoy this informative conversation about the current state and the evolution of digital identity. [19659025] Cryptocurrency News Around the World

The Government of the Indian State to Implement Blockchain Technology: Th and the Indian State of Telangana announced a series of initiatives this week that will watch a blockchain to control corruption and fraud that afflicts the Telangana government. Last month, the state introduced blockchain solutions in the land registry and in the government's tax departments in an attempt to increase transparency, a preventive response to stop the corruption that occurs in about 38% of the state's real estate transactions.

Börse Stuttgart, Germany's second largest stock exchange, ICO plans, multilateral trading facility: Börse Stuttgart is adding to its workload. A month after the release of its highly anticipated cryptographic trading app Bison, Germany's second largest stock exchange announced its plans to create an ICO platform, in addition to a multilateral encryption site. The two services would be invaluable liquidity channels for anyone in the ICO market that uses it while extending Börse Stuttgart into the industry. "Trading site tokens issued via our ICO platform can be traded on the secondary market, which is an important success factor for ICOs, while we respond to both retail and institutional investors' demands for a regulated and reliable environment for trading with cryptocurrencies, "said CEO Alexander Höptner in a statement

The South Korean financial agency makes a case for the integration of Blockchain into the stock market: In a relationship to local authorities as a rule and the South Korean Financial Supervision Service (FSS) has pleaded with the national municipalities to start developing solutions for integrating blockchains with traditional financial platforms and systems. The agency believes that the blockchain could make transactions on the stock market faster and safer than the current software. According to the report, he noted the use of blockchain in international stock markets, paying particular attention to Nasdaq's use of the blockchain for the storage of private data and data.

Morgan Stanley hires Credit Suisse Crypto Advocate, Trader as Head of Digital Markets: One of the largest multinational banks in the world, it is moving further towards the cryptocurrency sector. This time in the form of a new rental, the investment bank has hired Andrew Peel, a Credit Suisse employee and a self-described expert in cryptocurrency trading, as the new head of digital markets. Previously, he spent 12 years at Credit Suisse, serving 9 of them as a derivative trader, and has been a supporter of cryptocurrency since 2013.

Binance acquires TrustWallet, the first public acquisition of the Stock Exchange: Binance acquired TrustWallet, a "decentralized and open source Ethereum Portfolio that supports" over 20,000 different Ethereum-based tokens (ERC20, ERC223 and ERC721), according to a blog post by Binance.The acquisition of TrustWallet will add an on-going mobile wallet. chain to the list of Binance's services with other future integration possibilities.The TrustWallet brand and team will maintain the autonomy and freedom to develop the main product benefiting from the greater synergy of Binance, including the wide user base and the next DEX ", continues the post. Binance CEO Changpeng Zhao has indicated that acquisitions have an important role to play in maturing this industry, suggesting that this could be the first of many for Binance: "We are looking for strong technology teams.The acquisition will be a key component to continue to grow and contribute to this sector. "

Messages from Bitmain Impressive 1 $ in Profit for the first quarter of 2018, Plans IPO: The Chinese mining giant Bitmain has amassed a staggering $ 1 in profit-not revenue, mind you-in Q1 of 2018. At the end of this news, an anonymous source stated Fortune that the company was making progress with its IPO, which Juhan Wu, CEO of Bitmain, mentioned in June . The source has indicated that the IPO will launch "very soon" in a foreign market that will allow investors to buy in the offer with the dollar.

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