📰 05/7/2018 New rules for crypto in Malta and SK: regulation continues, NEO’s price jumped after decentralizing node, Bittrex launches new exchange: news by ICO Telegraph

in #bitcoin6 years ago (edited)

5 min read

Price of 1 BTC (at the moment of writing): $6 696,34. Price analysis registered major support level – $6,600, major resistance level – $6,800.

Read daily Bitcoin’s theory: "Fall to rise." BTC will reduce its price to $2,000 before + $20,000 growth. This message is not a financial advice or a market forecast.


What did we collect for you today:

  • South Korea and Malta changed rules for crypto-industry;
  • NEO’s token price jumped after introducing independent node;
  • TRX’s new Super Representative is Lianjinshu;
  • Exchanges/listing/ICO news: new tokens, projects;
  • And more information we want to share with you.

📌 Cryptocurrency in the world: South Korea changes status of crypto-industry, and Malta is 1st to provide ‘Legal Certainty’ for crypto


South Korea legitimizes blockchain: announced

The South Korean government can recognize the digital currency market as a separate industry and assign cryptocurrency companies to regulated financial institutions. Companies, which activities are based on the cryptocurrency trading/(and more) will be divided into several groups (at the legal level). This new classification will be fully completed in the end of this month. It is supposed that this will change the order of regulation and acceptance of the сrypto and blockchain in the region.

The widespread distribution of cryptocurrency in Asia is not new. As example, 33,000 stores in South Korea use ADA (Cardano) as a result of partnership with Metaps Plus. And this is the data only from one project (currency). And how many transactions are made in the region every day, including BTC and altcoins. At this stage of crypto-worldwide-development, we have already realized that changes in "far Asia" can significantly affect the market.

Malta is 1st to provide ‘Legal Certainty’ for crypto

3 new laws will be introduced in region. Malta already has a large base of working with cryptocurrencies, and the industry as a whole. More and more companies prefer to get under the legal "wing" of the region, making their activity much easier and protected.

“I am optimistic that further companies will choose Malta to operate from with a system that offers stability and that will eventually result in further economic growth”

source: Silvio Schembri, Malta’s Junior Minister for Financial Services

Tags: #SK #Malta #blockchain #crypto #regulation #law
Who can be interested: all investors/regional


📌 NEO is 11th between others, price jumped with +10.85% result after decentralizing (source)


The high results of the platform can be explained with election of new consensus in NEO’s MainNet. Birth of a new independent node was an important step towards the decentralization of the network.

For a long time, this project was heavily criticized, including by the community. All nodes were managed by NEO. At the moment, the appearing of a new consensus can start a new time in the evolution of the project. City of Zion (CoZ) is an independent group of enthusiasts, who are code designers, other specialists and more, so, now they control 1 of the 7 nodes in the NEO. But, the other 6 is still in the arms of the project.

It’s also said that is still hard to complete the decentralization process. But, all decisions for that goal can be accepted very soon. Team says that that until the end of 2019, all nodes in the NEO network will be decentralized (by the election, like with CoZ).

Election is very important process in consensus and blockchain networks these days. To know more, 3nd Super Representative of the TRON was also elected just recently (Lianjinshu).

Some users are worried because they couldn’t take part in this process, because of problems with Binance. If you have more information about it, please leave a comment.

Tags: #NEO #blockchain #consensus #election #TRON #CoZ
Who can be interested: NEO/TRX community


📌 ICO Calendar


Upcoming/ending ICOs in near future


📕 ENDS

  • 27v [Rewards], Decentralized News Network [News, Content], HASHBUX [Games] ICOs end on July 06, 2018.

📗 STARTS

  • CheckitsReal [Counterfeit Products], Sentigraph.io [Predictive Insights], WPP [Green Energy], Universal Labs [Cloud Storage] ICOs start on July 06, 2018.

Read more about interesting airdrops in July. We didn’t check it fully, only few projects. If you have more information – connect with us.

↪️ Others is now verified as TBD


We do not guarantee the trust level of ICOs, but we’ll tell you about the projects that have reached the stage of sale.


💰Market Cap: $272 299 046 172
💵24h Vol: $15 409 915 475


📊 Prices TOP 05.07.2018


↗️↘️Bitcoin: $6 696,34
↗️↘️ETH: $476,69
↗️↘️XRP: $0,484579
↗️↘️BCH: $752,75
↗️↘️EOS: $8,96
↗️↘️LTC: $84,36
↗️↘️ADA: $0,150487
↗️↘️XLM: $0,206014
↗️↘️IOTA: $1,17
↗️↘️USDT: $1,01


♻️Exchanges


📌 Bittrex and invest.com announced launching of new crypto exchange (source)


Both companies are into "providing good conditions" for traders. Right or not, time will show.

We’re know more information about Bittrex, but an “invest.com” is a leading fintech brand, as it can be found, which has announced a partnership with exchange. Being together, they will work under the invest.com brand, starting with customers in the European Union.

This partnership will increase customers' access to some of the world's most innovative blockchain projects and further drive adoption of this revolutionary technology.

Quote: Bill Shihara, Bittrex CEO

Invest.com was founded in 2014, now this company works with license in 31 European countries. Bittrex is one of the developing exchanges with 0.83% share in past 24 hours. Pre-registration for new exchange’s members is open (check).

Tags: #Bittrex #invest.com #exchanges #business #partnership
Who can be interested: exchanges researchers/all market


Huobi is now in Australia. Trade with Australian dollar (source)


Huobi Pro launched “Huobi Australia” trade platform. Exchange now has a several trading opportunities (10 currencies in total), which are: $AUD (Australian dollar), BTC, ETH, LTC, ETC, POWR, ELF, CTXC, DTA, IOST.

Huobi is a leading exchange with 6.51% share in past 24 hours (at the moment of writing). Has its own Huobi Token (HT) between other popular markets.

Tags: #Huobi #Australia #AUD #exchanges #platforms
Who can be interested: Huobi users/regional


📌 Other updates – new projects, listing, tokens


  • Do not missHBUS marketplace will be launched on July 6, 2018. HBUS is now a US strategic partner of Huobi Pro. Promo launching program includes opportunity to win up to 0.1 BTC + 100 days of zero fee trading.
  • Cryptopia Exchange announced listing of $BCS (BCShop.io token). This is a payment system based on blockchain, that can be used for private deals or purchases (merchant-buyer ecosystem).
  • HitBTC reports about changes in the operating mode of the exchange. New upgrades “faced some technical issues”, so, plan your transactions in advance.

Know more interesting events/important updates? Please write a comment about it.


💱 Exchanges TOP

Binance 1.53B -> 15.80%
Coinex 1.48B -> 15.31%


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