📰 17/7 “Coinbase has green light to list coins deemed securities”; TenX (PAY) gained +50% without reason; BTC will close above $6850? Crypto/blockchain news by ICO Telegraph

icotelegraph (60)in #bitcoin • 6 years ago (edited)

🕑 5 min read

What did we collect for you today:

Bitcoin’s price: support/resistance level + trend;
News about tokens: Monero, TenX, others;
Exchanges/listing/ICO news: new tokens, announcements;
And more related information.

📌 Сryptocurrency market is growing

After a recent decline, Bitcoin’s price is near 6,700 (source)

The market has been rising since the beginning of the week: bullish trends, the basis for which was formed a little earlier, become real now. However, the general trend can be re-controlled by bears in near time.

Now, the return of BTC to the price of $ 6,200, $ 6,100, $ 6,000 seems to be the most possible if the local "bullish" trend is not continued. At the same time, many experts suggest that this level can be successfully overcome.

Major Support Level – $6,600

Major Resistance Level – $6,750

Don’t you know – XMR Up 7% on the day because of the new improvement of the ‘Bulletproofs’ protocol? “Overall, bulletproofs represent a huge advancement in Monero transactions. We get massive space savings, better verification times, and lower fees”, team said.

Tags: #crypto #market #Bitcoin #BTC #price #trend
Who can be interested: all crypto-community

📌 TenX (PAY) increased by 50.89%

It's hard for experts to find the reasons for such growth (except manipulation) (source)

TenX (PAY) is ERC20 token; TenX, such as Monaco (project), is a platform token for the final product, which is a crypto-currency debit card. In general, the project's protocol allows to manage out-of-blockchain instant transactions with various assets.

If the cryptocurrency often increase in price, why are analysts surprised at this change in the price of the token? The situation is that the PAY doubled its price last week and shows no signs of slowing down; and no one knows when the correction will happen.

The community claims that the project is not very active during this time; at least, there were no news that could raise the price of the token up. Moreover, now the only opportunity for TenX to attract the attention of the public is the partnership with some banks that would allow the issue of the crypto-card. Details will be known later.

Tags: #TenX #PAY #market #price #cryptocurrencies
Who can be interested: holders/market researchers

📌 ICO Calendar

Upcoming/ending ICOs in near future

📕 END

FTEC [Trading], ParcelX [Business Platform], PAYERA [Retail], PIG WORLD [Gambling] ICOs will end on July 18, 2018.

📗 STARTS

Cryptyk [Business Services], DREAM [Freelance], MonetaryCoin China [Cryptocurrency], MonetaryCoin Euro [Cryptocurrency], Tanibox [Business Platform], Zero Carbon Project [Energy] ICOs will start on July 18, 2018.

↪️ 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: $272 300 954 562
💵24h Vol: $13 767 011 241

📊 Prices TOP 17.07.2018

↗️↘️Bitcoin: $6 770,74
↗️↘️ETH: $473,42
↗️↘️XRP: $0,477389
↗️↘️BCH: $798,06
↗️↘️EOS: $8,03
↗️↘️LTC: $84,05
↗️↘️XLM: $0,234029
↗️↘️ADA: $0,153728
↗️↘️IOTA: $1,08
↗️↘️USDT: $1,00

♻️ Exchanges

📌 Coinbase received an approval from SEC

One of the largest crypto-exchanges can now lists security tokens. The process was completed by the purchase of Keystone Capital Corp. (source)

This decision is also the beginning of new opportunities for the market. Security tokens can be a suitable form of financing for companies that want to create a proposal for their "digital securities", but not to place shares on the stock exchange. Security tokens can become a substitute for IPOs, as ICO costs are still lower, and the cryptocurrency area becomes more attractive to investors, companies etc. However, this issue requires legislative changes. (8 Important Things To Know About Security Tokens).

Coinbase received approval for such activities, and several licenses (broker-dealer, ATS and RIA). This will allow adding of tokens with the properties of securities. Then, the exchange will pass under the supervision of the federal authorities.

In general, problem "tokens = security?" can be solved earlier than expected, when several steps are already taken in this direction, and that’s why these news are important.

The legal status of the tokens became the subject of discussions, because SEC (Securities and Exchange Commission) began to investigate illegal sales of securities. Cryptocurrencies could deserve a ban: if they were recognized as securities, then this would entail a number of restrictions. For example: more complex ICO process, increasing of the token's costs. Finally, the company that issues tokens may get the illegal status.

Tags: #Coinbase #SEC #approval #security #token #securities
Who can be interested: all crypto-community

📌 VCTRADE (SBI Holdings) is now open

VCTRADE exchange (first bank-backed) by SBI Holdings is open for residents of Japan (source)

The Japanese region has expanded its trading opportunities. Previously, the trading platform was open to a limited number of users who registered in October 2017. Now it is possible to trade on VCTRADE to all residents of Japan at the age from 20 to 70.

At the beginning, it was planned to integrate the trading pairs with the popular cryptocurrency Ripple, and with Japanese yen. However, then exchange has added Bitcoin and Bitcoin Cash. It is possible that the VCTRADE will expand the list of all traded cryptocurrency assets.

The full launch of SBI Holdings platform was suspended due to a change in relations with company's partners, and the hacking of another exchange Coincheck.

Tags: #exchange #SBI #VCTRADE #open #trading #Japan
Who can be interested: regional users/market researchers

📌 Other updates – new projects, tokens and more

ERC20 tokens can be listed on Waves DEX soon. Waves' decentralized exchange (DEX) allows users to trade Bitcoin, Ethereum, Litecoin, ZCash and other cryptocurrencies, including USD and other. There is a chance to say what ERC-20 token should be listed on Waves DEX(on twitter).
Cryptopia Exchange completed the Tron (TRX) token migration. Exchange also added new currencies, including: $GRFT (Graft), $XXX (AdultChain), $VITAE (Vitae).
Changpeng Zhao (Binance): “I believe that decentralized exchanges are the future”. But, he also added, that Binance is more secure than decentralized trading platforms. Perhaps this statement is the final point in the discussion about the Vitalik's Buterin opinion. Read more
Know more interesting events/important updates? Please write a comment about it.