🗞 Daily Crypto News, July, 21st💰

in #cryptocurrency8 years ago

  • China's Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad ;
  • CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter ;
  • Ethereum Payment Channel Raiden Launches New Testnet ;
  • The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents ;
  • Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle ;
  • 📑 Daily Crypto Calendar, July, 21st💰
  • STEEM Trading Update by @cryptopassion

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

🗞 China's Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

The chives growing in one crypto tycoon's California mansion carry a hidden message.

Guo Hongcai, a beef salesman turned early bitcoin adopter from China's Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad.

Read more & Source: https://www.coindesk.com/china-bitcoin-crypto-millionaire-real-estate/

🗞 CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter

Bitcoin (BTC) futures average daily volume (ADV) at the Chicago Mercantile Exchange (CME) increased by 93 percent in the second quarter over the first quarter of 2018, the company revealed in a tweet July 20.

CME also stated that the rate of open interest (OI) or the number of open contracts on Bitcoin futures has exceeded 2,400, which amounted to 58 percent increase in Q1.

Read more & Source: https://cointelegraph.com/news/cme-report-bitcoin-futures-average-daily-volume-up-93-in-second-quarter

🗞 Ethereum Payment Channel Raiden Launches New Testnet

Nearly two years after the release of its first proof of concept, the Ethereum payment channel Raiden has launched a second testnet. According to the project's announcement, Raiden sees this testnet as an opportunity to work out a few "minor issues," and screen for any remaining bugs before its promised mainnet Red Eyes release.

Read more & Source: https://www.ethnews.com/ethereum-payment-channel-raiden-launches-new-testnet

🗞 The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents

In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership.

Read more & Source: https://news.bitcoin.com/the-daily-coinbase-forms-political-action-committee-ey-acquires-crypto-patents/

🗞 Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle

July 20: Bitcoin (BTC) has split off from other top cryptocurrencies and shows markedly more resilience in holding on to gains secured in the major upswing that kicked off earlier this week.

Read more & Source: https://cointelegraph.com/news/bitcoin-holds-the-week-s-major-gains-as-other-altcoins-struggle

Daily Crypto Calendar, July, 21st

  • Binance Coin (BNB), Bitcoin Cash (BCH), General Event (CRYPTO), Gifto (GTO), Lykke (LKK), NEO (NEO), Nexty (NTY), Pundi X (NPXS), Qtum (QTUM), Ruff (RUFF)

Blockchain Partners Summit conference at Walkerhill Hotel, Seoul, South Korea from July 21-22.

  • Red Pulse (RPX)

On July 21st, Red Pulse will be hosting the Red Pulse PHOENIX Asia Tour in Seoul.

  • Lunes (LUNES)

"New crypto support on web wallet."

  • General Event (CRYPTO)

Third Meeting of Finance Ministers and Central Bank Governors at the Buenos Aires Convention and Exhibition Centre From Jul 21-22.

  • Absolute Coin (ABS)

"The next wallet version will be released on the 21st of July. This release will increase the Masternode collateral to 2500ABS."

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-july-21st

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 :

The support line in brown didn't hold the correction and we see now the result... We had an important correction which just ruined our short term UP trend. We are now in direction of the support line in orange, old support line created by the lower line of the triangle. We should at least bounce a little bit on this line. Let's hope we won't break it also.

Trading Platform with High Volume & Low Fees : Binance

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