🗞 Daily Crypto News, July, 20th💰

vlemon (76)in #cryptocurrency • 6 years ago

Before His CFPB Leadership Ends, Mulvaney Pushes FinTech Initiatives ;
Five Crypto Trailblazers Make Fortune's '40 Under 40' List ;
Blockchain Spending to Hit Nearly $12 Billion By 2022 ;
World’s Number Four Telecoms Provider Files Blockchain Contract Storage Patent ;
It Took Just A Day for Tron's Founder to Win His Own Blockchain's Election ;
📑 Daily Crypto Calendar, July, 20th💰
STEEM Trading Update by @cryptopassion

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

🗞 Before His CFPB Leadership Ends, Mulvaney Pushes FinTech Initiatives

On Thursday, the Senate Committee on Banking, Housing, and Urban Affairs held a confirmation hearing for Kathleen Kraninger to become director of the Consumer Financial Protection Bureau (CFPB). President Trump nominated her for the position in June. Kraninger, whose qualifications have come under fire, presently serves as associate director for general government within the Office of Management and Budget (OMB), which, coincidentally, is led by the CFPB's current acting director, Mick Mulvaney.

🗞 Five Crypto Trailblazers Make Fortune's '40 Under 40' List

Five major crypto innovators have clinched four spots on Fortune’s “40 Under 40” annual rankings for the most powerful young disruptors in global business, released for 2018 on July 19.

The first incarnation of Fortune’s under 40 list ran from 1999-2003 and ranked the new titans of the dot-com boom purely based on their wealth. Post-2008 financial crash, the list has been reinvented to take the pulse of figures’ wider achievements, power, and influence on the global stage.

🗞 Blockchain Spending to Hit Nearly $12 Billion By 2022

As per its newest report, the International Data Corporation (IDC) expects spending on blockchain projects to total USD11.7bn in 2022 alone, vs. the USD1.5bn expected to be spent this year. This represents an annual growth rate in spending of nearly 75 per cent to 2022.

As such, the IDC predicts that "blockchain platform software will be the largest category of spending outside of the services category and one of the fastest growing categories overall, along with security software".

🗞 World’s Number Four Telecoms Provider Files Blockchain Contract Storage Patent

The world’s fourth-largest telecoms provider, Japan’s Nippon Telegraph and Telephone (NTT), has filed a patent for using blockchain tech for contract agreement, according to a U.S. Trademark and Patent Office (USPTO) release on July 19.

NTT’s patent application writes that a problem with contracts on blockchain is that each transactions “contains only the electronic signature of the sender” as the “evidence of contract agreement by the receiver is not left in the transaction.”

🗞 It Took Just A Day for Tron's Founder to Win His Own Blockchain's Election

An unconventional candidate has triumphed in tron's ongoing blockchain elections: its own founder Justin Sun.

After announcing his candidacy to become a tron "super representative" (a node on the software elected by token holders to validate transactions, create blocks in the network and compete for its rewards) just one day ago, Sun has successfully garnered enough votes to run one of just 27 nodes that will operate the $2.5 billion tron network.

Daily Crypto Calendar, July, 20th

VeChain (VEN)

"Exchange VeChain Token swap becomes available, VET on VeChainThor (after 1:100 split) starts trading."

Waves (WAVES)

Waves presents "Driving Business Value with Smart Contracts" in Berlin, reviewing Smart Contract business opportunities.

MediBloc [QRC20] (MED), PolicyPal Network (PAL)

"We will be delving into our partnership between our projects, progress, and roadmap of our respective projects."

Red Pulse (RPX)

"July 20, you’ll have the chance to earn up to 200 RPX for completing various activities as part of our PHOENIX Bounty Program."

IOTA (MIOTA)

IOTA MobilityHackathon will take place in Munich July 20-22, 2018.

iExec RLC (RLC)

"On July 20th, 8am UTC, iExec will run its first Workerdrop."

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

As predicted again yesterday, the support line in brown is holding the consolidation till now. We should see soon the start of a bounce in order to continue the UP trend. Let's if the trend which started the last days will be confirmed and will give us some new Highs for the STEEM. We suffered a lot these last months, sometimes even more than other altcoins. We must now gain some more percents during these UP phases in order to come back in the TOP30.