Morning Digest 29.07

Good morning friends! ☕️

The capitalization of the crypto market is $ 297,267,482,842
Top Crypto-currency in terms of trading volume per day:
bitcoin $ 8 205.06 (+ 0.10%)
tether $ 0.9987 (-0.08%)
ethereum $ 465.48 (-0.81%)
bitcoin cash $ 822.22 (-0.35%)
EOS $ 8.28 (-0.96%)

The proportion of bitcoin is 47.44%

🚔 US financial regulators may have more authority on cryptology

🤝 Circle Internet Financial recruited ex-director of Goldman Sachs

📚 Spanish government agencies investigate the potential for blockchain copyright protection

💸 Openbazaar users can now use 1500 cryptocurrency without KYC

Good Morning 30.07

🌞 Good morning, friends!
Capitalization of the crypto market $ 294,976,099,888
Top Crypto-currency in terms of trading volume per day:
Bitcoin $ 8,155.70 (-0.64%)
Tether $ 0.9984 (-0.06%)
Ethereum $ 463.70 (-0.47%)
EOS $ 8.18 (-1.20%)
Bitcoin cash $ 818.73 (-0.34%)

The share of bitcoin is 47.5%

👥 Huobi Launches P2P Platform with Rupees Support in India

🍀 Israeli marketplace cannabis began taking bitcoins

⛓ CLS Group has started testing a block-based platform for banks

Morning digest 31.07

🌞 Good morning, friends!
Capitalization of the crypto market $ 289,689,278,268
Top Crypto-currency in terms of trading volume per day:
Bitcoin $ 8,142.58 (-0.20%)
Tether $ 1.00 (+ 0.33%)
Ethereum $ 452.41 (-2.35%)
EOS $ 7.61 (-7.11%)
Bitcoin cash $ 801.21 (-2.38%)

📊 The share of bitcoin is 48.3%

💡 The opinion of experts: China's national cryptocurrency may be larger than bitcoin

🕵🏻♀️ The general director of the Vietnamese mining company disappeared

🏦 Galaxy Digital Crypto-Bank from Novograt Fund will start trading on the Canadian Exchange on August 1

💰Bitmain plans to conduct a foreign IPO

Starbucks together with Microsoft began to integrate the reception of bitcoin payments for ~ 70 million of its customers around the world.

https://stocknews.com/news/sbux-starbucks-corporation-sbux-to-team-with-microsoft-on-cryptocurrency-launch/

📌Humaniq is a Hybrid Blockchain platform that provides next-generation financial services in emerging economies globally.

🚀It has more than 400k real users in 16 countries

🚀UK Parliament report recognizes Humaniq as one of the most promising companies fighting for Financial Inclusion, and there’s more!

The list of exchanges supporting HMQ keeps extending. Hotbit is the latest, triggering a 13% rise📈

Bitmain introduced WiFi-router for Dash for $ 58

Leading manufacturer of mining equipment Bitmain introduced the AntRouter R3 for the mining of Dash and Siacoin. It is noteworthy that the AntRouter R3 is not only a miner but also an ordinary WiFi router. The computing power of the miner is 300 M / s for Dash and 11.54 G / s for Siacoin. The router weighs about 0.6 kg, and the price of one unit is only $ 58. The company promised delivery within 10 days after full payment.

On the situation on the crypto market.

📌In his Twitter, Binance CEO Changpeng Zhao said that the information on the listing price on his stock exchange from 400 BTC to 4000 BTC is false. He noted that there are a number of crypto-currencies, which they added absolutely free of charge. In addition, the exchange never talks about the prices for listing in emails and not in bitcoins.

📌Facebook does not confirm the information about the negotiations with the cryptocurrency company Stellar. Despite this, soc. the network did not deny that it had set up a unit to investigate the possibility of implementing a detachment and is cooperating with some companies in this field.

📌On the backdrop of the resumption of the market decline, the bitcoin dominance index exceeded 50%. It is noteworthy that this happened for the first time since December 2017.

📌Japanese financial regulator found a number of errors during the checks of local crypto-exchange exchanges. Most often, the exchanges are not ready to increase the volume of trading, both technically and through a shortage of personnel. In this regard, the regulator decided that now each inspection will be accompanied by a visit to the office with a close study of the effectiveness of the business model.

At the moment we can observe a massive FUD, which presses the price down, but the buyer is fighting.

Only for today, there was enough negative news: KuCoin may be a scam, the Ethereum has updated the bottoms and is not going to stop, Bitmain is suffering huge losses because of the big position on Bitcoin Cash, Saudi Arabia stated that the trade in crypto-currencies is illegal in the country.

This is a really strong FUD, and usually, after this, we can observe the fall, and then instant growth.

The buyer is still resisting, but he has little power, most likely, the Asian session will push the price even further down.

FUD tactics are used at the end of the fall or at the beginning. As we see, most likely, the fall comes to an end.

OmniBazaar: payment by bitcoin and altcoins without intermediaries

OmniBazaar Inc. launches a beta version of its new service - the e-commerce marketplace, where users can conduct crypto-currency payments without intermediaries.

Two days ago, OmniBazaar, an open source P2P network "developing b2c and b2b-market", announced the forthcoming changes in e-commerce. The company intends to eliminate any intermediaries - trading platforms, banks, eBay or UpWork.



"OmniBazaar's mission is to eliminate the obstacles associated with the use of cryptocurrency by average users, because they most often refuse transactions, experiencing" difficulties with creating an account on the exchange. "
A new service can be called truly revolutionary, as users do not need an intermediary to pay thousands of services and products through OmniBazaar.

Three years ago, the company published a training video, which explains how to use the services of OmniBazaar. In fact, the platform is an analog of eBay or UpWork, the difference consists in replacing the Fiat with cryptocurrency.

BlocVehicle

What is it:
BlocVehicle is developing a platform which will allow private individuals to sell or buy used cars without involving any agents. Furthermore, the company plans on becoming an ‘Airbnb for cars.’ With the creation of the vehicle token (VCL), BlocVehicle has created the means to incentivize car owners to disclose their vehicle data.

The $2.6 million initiative was born out of a consortium of five companies based in Singapore — BaNET Information Technology Co. Ltd., Saltware Inc., Softbase Inc., Compass Systems Inc., and ICK International Inc. Chang-ha Lee, BlocVehicle’s CEO, says the plan is to build ‘a foundation of a network that deals in ‘P2P vehicle transaction.’

The used car market has been on the rise, registering a total of 90 million transactions in 2016. By 2021, that number is expected to reach 128.42 million, at a compound annual growth rate of 7%. As for the rental car business, it exceeds 1.2 billion transactions with higher-than-4% annual growth rate. To top that, at any given moment, there are always 1.2 billion vehicles being driven.

BlocVehicle hopes to make use of these existing vehicles and encourage users to jump on their platform. Just like people can rent out their unused property on Airbnb, they should be able to do the same with their vehicles. What’s more, the platform will give you visibility over the vehicle’s history so you’d always know what you’re renting out in the first place.

Users will be able to upload pictures and vehicle data to the platform, such as changing oil, or parts replacement. BlocVehicle will enable P2P used car deals, bringing down the cost of selling a vehicle to users.

ICO details:
Pre-ICO Date: 8/15/18 – 9/14/18
Price- 1 ETH-5,000 VCL (Bonus- 3,500 VCL)
Accepts- ETH
Hard cap- 11,765 ETH
Soft cap- 2,000 ETH
ICO Date: 9/20/18 – 10/31/18
Price- STEP1: 1 ETH – 5,000 VCL + Bonus 2,500 VCL
STEP2: 1 ETH – 5,000 VCL + Bonus 1,250 VCL
STEP3: 1 ETH – 5,000 VCL
Accepts- ETH
Hard cap- 49,333 ETH
Token Ticker- VCL (Vehicle Token)
Platform- Ethereum
Accepts- ETH
Supply amount- 1,000,000,000 VCLs

Contact:
Twitter: https://twitter.com/BlocVehicle_com?lang=en
YouTube: https://www.youtube.com/channel/UCfXfKG_w5PXZNyLcROC16AQ
Telegram: https://t.me/joinchat/JHrrghLAiy06i-vc4H_6Mw
Website: https://ico.blocvehicle.com/

IPO Bitmain will signal a turnaround of the market
In September, the IPO of the largest mining company in the world should take place, at which it was planned to raise up to $ 18 billion. But now this is a big question. Of the recently published financial documents, it became known that Bitmain sold most of the bitcoins and seriously increased its position on Bitcoin Cash at about $ 869.

Current price BCH 492 $! Possible loss of the company may exceed 630 million dollars! Now the information on the company's profit is known only for the first quarter of 2018, there are no reports on the second quarter of the reports. The demand for the miners has fallen significantly because of the prolonged correction. Materials for new miners have already been ordered, and in the current state of the market with payment, problems may arise. The company has other problems, but we are interested in something else.
Carry out an IPO before the market turns - madness, there will be no $ 18 billion. In addition, you will need a powerful Bitcoin Cash pump.

Therefore, we draw a simple conclusion: the appointment of an IPO Bitmain will be a signal to the market turn in general and the BCH pampa in particular.

Bitcoin Cash support can cost a bit Bitmain

The mining giant Bitmain is suffering significant losses. This is evidenced by documentation for potential investors of the company. According to it, Bitmain sold most of the bitcoins and increased a large stock of Bitcoin Cash, which has fallen significantly in price recently. Thus, the upcoming IPO from Bitmain is very risky for investors. Recall earlier reported that Bitmain intends to raise $ 18 billion during the IPO, but this week it was reported that the company plans to attract only $ 3 billion.

The number of crypto-currency funds is increasing

According to a new study conducted by Crypto Fund Research, the world now has 466 crypto-currency investment funds. Based on the indicators of 2017, when there were 156 organizations, researchers suggest that for the entire 2018 there will be 165 new crypto-currency funds. Most funds manage assets of $ 10 million and only 28 funds have assets in excess of $ 100 million. Josh Gnaizda, the founder of Crypto Fund Research, finds the growth of hedge fund numbers surprising given the fall in prices for crypto-currencies.

SEC - the main manipulator and the opponent of the trader?

After the latest news about double SEC games from ETF to Bitcoin, we decided to talk a little with you on this topic.

As you know, the SEC is a securities commission of the United States, which fights against insider trading, manipulation and other not entirely honest things in the world of trading stocks, futures and bonds. Even though this organization, all the innovations that are connected with the trading in securities must pass through.

SEC has repeatedly ruined the lives of traders and huge companies, who were accused of dishonest trading, but this is correct. It's even good that there is a regulatory body that really works and rigidly cuts violations of the rules.

Very often this organization makes some loud statements, which greatly affect the quotes of different instruments.

First, they refused ETF for ProShares, and now they said that they would reconsider their decision. Is this correct?

An organization that must minimize manipulation and stimulates fair trade, by its own decisions, creates fluctuations in the exchange rate, as no one else has ever done news.

Of course, I want to believe that there are knowledgeable people in the SEC and they understand what they are doing. And most likely, there was insider trading, because not just at the time of the refusal of ETF, the price was made at 6250 and then bought back up to 6400 for 20 minutes.

I would like the SEC to put the order in the trade in crypto-currencies.

⚡️⚡️ Futures for the Ether plan to be launched by the end of the year at CBOE

They will be tied to the quotations of the Gemini Crypto-Exchange by the Winklevoss brothers, as is the case with bitcoin futures. ITS is waiting for the reaction to the proposal to launch a new instrument from the regulator, the Commodity Futures Trading Commission of the United States (CFTC). At the same time, CME took a wait-and-see attitude and was in no hurry to launch ETH futures

📌According to research by Trend Micro, the number of attacks of hidden miners increased by 956% over the past year, despite a downtrend. They warn that such miners can shorten the life of equipment and worsen the capacity of corporate networks.

📌 New offline wallet Spark allows you to send bitcoins using the Lightning Network. The technical documentation says that the wallet is completely focused on the implementation of transactions outside the blockchain.

📌Popular Asian instant messenger Line has launched its own Link Crypt. The developers plan to develop, until the first quarter of 2019, more than ten decentralized applications in the LINK Chain network.

📌 According to the Satis Group, the bitcoin rate can grow to 96 thousand dollars in the next 5 years. In addition, the authors are confident that a small percentage of token projects will be made on the Ethereum platform, due to a large future competition.

​​By Bitcoin, the volume of short positions on the Bitfinex exchange grew by 50% + literally in a couple of hours.
During the price increase, in the range 7250-7429 very large short positions with a total volume of over 11,000 BTC were opened. Such actions are typical for a large player. The crowd, as a rule, sells at the bottom and buys on tops. However, the volume of shorts again exceeded the long, and this, as we have already found out, is a rather strong bullish signal. After all, stop-loss shorts are fuel for growth

⚡️SEC postpones decision making on bitcoin-ETF VanEck and SolidX at a later date
The US Securities and Exchange Commission announced the commencement of procedures related to the adoption of a decision on the traded fund (ETF), tied to bitcoin. In particular, the SEC wishes to receive comments on 18 key issues published on the official website.

Thus, a further analysis of the proposed change of rules will be carried out to ensure that it complies with Paragraph 6 (b) (5) of the Securities Act, which requires, inter alia, that the rules of the national stock exchanges be "focused on preventing fraudulent and manipulative actions and practices, promoted the principles of fair and fair trade, protected investors and public interests. "

Until September 30, the department had to decide on whether to approve, refuse or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.