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[alshulk]

A Crypto Exchange Is Buying Back $24 Million-Worth of Its Own Tokens
"The new cryptocurrency exchange FCoin, which quickly reached large trading volumes thanks to a controversial user reward model, announced its plan to buy back 100 million of its own tokens (approximately $24 million) to provide capital for the new Fund"
https://www.coindesk.com/a-crypto-exchange-is-buying-back-24-million-worth-of-its-own-tokens/

[alshulk]

BITCOIN CASH DEVELOPMENT IS A GHOST TOWN, GITHUB DATA REVEALS
"Data collected from The github bitcoin (BTC) and BCash (BCH) repositories in recent weeks has led to a series of sharp discussions that have emerged on social media regarding the contrasts of the networks".
https://bitcoinist.com/bitcoin-cash-development-ghost-github/

[alshulk]

TenX (PAY) Price Anomaly in Korea Leads to Market Euphoria
"Cryptocurrency TenX (PAY) rose 50,89% per night, reaching $1.31 m on Tuesday, without any particular reason. The coin doubled its price last week and shows no signs of slowing.
The trading volume of $ 68 million is reminiscent of the situation that was noted in December last year".
https://cryptovest.com/news/tenx-pay-price-anomaly-in-korea-leads-to-market-euphoria/

[alshulk]

New Listing Update: The LOOM Network (LOOM) market is open, and trading will begin shortly on @BittrexExchange
https://twitter.com/BittrexExchange/status/1019294956819828736

[phabulu]

For reasons unknown I am certain that the cost of the crypto will rise, so I hold it, I didn't perceive any expert who did not have an indistinguishable assessment from I do 

[Hoofprint]

Civic Is Turning Identity.com Into a Crypto-Powered Personal Data Market

"I never thought we'd get it."

That's Vinny Lingham, co-founder and CEO of the blockchain identity startup Civic, talking about the company's acquisition of "Identity.com" – a fitting web domain for a company built around the idea of putting personally identifiable data in the control of its owners.

To that point, Lingham said he had always thought Identity.com would be an ideal address from which to promote the platform he is building.

https://www.coindesk.com/civic-buys-identity-com-landing-high-value-domain-for-web-3-0/

[zhengqi]

  Is Cryptocurrency Halal? Another Step Towards Muslim Countries 

With Sharia law rigidly imposed in many countries in the Middle East and Southeast Asia, cryptocurrency adoption is at a standstill, since Islamic scholars have not yet reached an agreement on whether the religion permits digital assets. California-based Stellar startup has now received certification from Islamic scholars for its blockchain platform and related cryptocurrency, giving a glint of hope to other players in the nascent industry.

https://cryptonews.com/news/is-cryptocurrency-halal-another-step-towards-muslim-countrie-2270.htm

[Hoofprint]

Bitcoin Mining Firms Make Chinese Unicorns List for First Time

Three bitcoin mining companies have joined a list of "unicorns" – private companies valued at over $1 billion – for the first time.

The Shanghai-based Hurun Research Institute published its Q2 Unicorn Index for the Greater China region on Wednesday, which notably included the names of several major bitcoin mining firms: Bitmain, Canaan Creative and Ebang. The third Hurun list of 130 Chinese unicorns has never before featured a fully cryptocurrency-focused firm.

https://www.coindesk.com/bitcoin-mining-firms-make-chinese-unicorns-list-for-first-time/

[zhengqi]

  Lizard People and July Bonuses Pushed Bitcoin Up: Community Reactions 

Bitcoin breached USD 7,000 within the past 24 hours, even coming close to USD 7,500 several times during this timeframe. Other cryptocurrencies have, perhaps expectedly, followed suit, so the market is an eye-soothing green color. What did the cryptoverse have to say about it?

As the community is wont to do, they are currently speculating what could be the reason behind this spike. Reddit users - notorious for not taking anything too seriously - are proposing a myriad of reasons, from lizard people living in Earth’s core to July bonuses coming in.

https://cryptonews.com/news/lizard-people-and-july-bonuses-pushed-bitcoin-up-community-r-2273.htm

[SuperBazooka]

Bitcoin Volume at $6.4 Billion, Up 2x Since Last Week as Crypto Market Surges
The volume of bitcoin, the most dominant cryptocurrency in the global market, has risen by two-fold in the past week, supporting the recent mini bull rally of the crypto market.

Last week, CCN noted that the low volume of bitcoin is a concern for the short-term trend of the market. For instance, on July 9, the volume of bitcoin was lower than that of Tether (USDT), a widely traded stablecoin whose value is equivalent to the value of the US dollar.
Less than seven days ago, the volume of BTC was below $3.3 billion and as of July 18, the volume of BTC remains above $6.4 billion.
https://www.ccn.com/bitcoin-volume-at-6-4-billion-up-2x-since-last-week-as-crypto-market-surges/

[Black Angel]

Analysis is a very important thing to make us get profit, without analysis then we like gambling so I suggest to continue to learn about the analysis, and the best source for analysis I think is Youtube because there are many complete references.

[klasik1980]

Coinbase Says It Was Wrong About SEC Approval of Acquisitions

Coinbase Inc., which on Monday said it got the green light from the U.S. Securities and Exchange Commission to move forward with a trio of acquisitions, now says it never got such an endorsement.
https://www.bloomberg.com/news/articles/2018-07-17/coinbase-says-it-was-wrong-about-sec-approval-of-acquisitions

[klasik1980]

Mastercard has a new patent that could allow bitcoin transactions on credit cards
Mastercard introduces a patent to manage "fractional reserves of blockchain currency."
While no products have been brought to market, the technology could speed up blockchain transactions.
Bitcoin bull Tom Lee says this is good news as it validates cryptocurrency as a form of transaction.

https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html

[HappyWhiteHuman]

Bitcoin Price Could Reach $40,000 Within Years: Billionaire Marc Lasry
Another billionaire has officially jumped on the bitcoin bandwagon.

The latest addition to the burgeoning group of bitcoin billionaires is Marc Lasry, the co-founder of Avenue Capital Group, an investment firm with $9.6 billion in assets under management.

Speaking with CNBC, Lasry — who is also a co-owner of the NBA’s Milwaukee Bucks — said that he believes the bitcoin price has the potential to reach $40,000 over the next several years as it becomes more mainstream and accessible to everyday investors. Early adopters, he predicts, could see a massive windfall in as short a time as three to five years.

“As it gets more into the mainstream, and as more markets end up allowing it to trade where it’s freely tradable, to me that’s more of the bet,” Lasry said, adding that “the reason why I like bitcoin [as opposed to other cryptocurrencies] is because it’s the one everybody is going to come to.”
https://www.ccn.com/bitcoin-price-could-reach-40000-within-years-billionaire-marc-lasry/

[zhengqi]

  Schnorr On Its Way To Become Bitcoin’s Biggest Improvement Since SegWit 

Bitcoin is close to achieving a new improvement proposal. Known as Schnorr, this unique technology has been cataloged by several analysts as Bitcoin’s Biggest improvement Since SegWit.

Despite not having much hype during the early stages of its development, the slow but steady work of Pieter Wuille, an influential personality in the Bitcoin ecosystem, bore its first fruits a few days ago when he published a draft of his research, one that is not only viable but has been well received.

https://ethereumworldnews.com/schnorr-bitcoin-improvemente-segwit/

[Hoofprint]

Ethereum Client Parity Drops Wallet Tech in Major Upgrade

Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).

In effect, the changes mean that Parity's "wallet" – that is, its repository of private keys – does not now exist for general, non-technical consumers. All "installers and operating-system specific packages" have also been removed.

https://www.coindesk.com/ethereum-client-parity-drops-wallet-tech-in-major-upgrade/

[zhengqi]

  Fed chief Powell calls cryptocurrency investment a big risk 

July 18 (UPI) -- The chairman of the Federal Reserve referred to cryptocurrencies as risks with no intrinsic value on Wednesday at a congressional hearing.

In testimony to the House Financial Services Committee, Jerome H. Powell said currencies untethered to governments or precious metal, such as bitcoin, pose serious risks to investors.

https://www.upi.com/Top_News/US/2018/07/18/2491531937981/

[nwanne]

Steem Blockchain Hits 1 Million Accounts

Steem, a blockchain rewards platform that allows content publishers to monetize their work, announced today that the project has reached one million registered accounts. An update from the official Steemit blog confirms the one millionth registration on the blockchain, and shows even more impressive stats on transactions, user activity, and unique visitors.

Steem is exploding in popularity. Not only is the steemit.com blogging and social media platform drawing large numbers of visitors, but also other DApps (decentralized applications) that use the Steem blockchain, such as dtube, busy, and dlive.

https://www.ccn.com/major-milestone-steem-blockchain-hits-1-million-accounts/

Wow that's a great achievement compare to the number of months they have been in existence, I think they will do more marketing about the platform it will hit over 10M before the end of the year.

[cxboyminer]

Should banks let people buy bitcoin with credit cards?

The fintech startup Abra's decision to let customers use credit cards to buy cryptocurrency — a move at odds with recent actions by Bank of America, JPMorgan Chase, Citigroup, Capital One and Discover — is again raising the question of whether the practice is too risky for financial institutions to allow.

The big banks made their move in February after a precipitous drop in the value of bitcoin, Ethereum, Ripple and Bitcoin Cash, worried that crypto buyers, some of them highly leveraged, would buy high and balk when the credit card bill came due and their currency was worth far less than its purchase price.


Read more: https://www.americanbanker.com/news/should-banks-let-people-buy-bitcoin-with-credit-cards

[Hoofprint]

Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering

Jerome Powell, chairman of the U.S. Federal Reserve, had some harsh words for cryptocurrencies during an appearance before the U.S. Congress.

Speaking to the House Financial Services Committee, the head of U.S. central bank said Wednesday that cryptocurrencies have no "intrinsic value" and presented severe risks to investors, as CNBC reported. Part of his concerns seemingly stem from the apparent crypto bubble - he said that "relatively unsophisticated investors see the asset go up in price, and they think 'this is great, I'll buy this.' In fact, there is no promise of that."

https://www.coindesk.com/fed-chair-cryptocurrencies-are-great-for-money-laundering/