📰 21/7/2018 BTC’s short bull run is over: are we going to the “bottom”? ↘️ 🔻 IBM confirms adoption of Stellar by major banks; exchanges/listing/other news by ICO Telegraph

in #bitcoin6 years ago (edited)

🕑 6 min read


What did we collect for you today:

  • Daily review of market’s conditions;
  • News about crypto-adoption;
  • Exchanges/listing/ICO updates: new tokens, announcements;
  • And more related information.

📌 BTC’s short bull run is over

Another wave of market sentiments has changed. What will happen next? (source)


Hello everybody! Today, the crypto-market continues to play an already formed bearish trend. Bitcoin's price, after continuing rising, has declined again. Now, the cost of 1 BTC is ~$7 417. As you remember, the current prices fluctuations are due to the actions on the BitMEX exchange, where short-term contracts ($180 million cost in total) were closed for 20 minutes on July 17.

Some experts believe that Bitcoin will now look for a new bottom; when this happens, no one knows for sure. Large volumes can change too rapidly. For a few days Bitcoin were holding at $7,400, and then has fallen back by 1.7% to $7,320. At this time, we see an unsteady reversal, which can be completed with the new falling in prices.

Note. Despite the accuracy of some forecasts - they're still opinions. We also recommend using different sources to evaluate short and long periods.

Don't you know? Bitcoin Diamond (BCD), Bitcoin's fork, has increased its price during the current markets sentiments. The pump has started when there were appeared news about its listing on HitBTC (probably this can be observed deeper, but as an fact). Price: $4,08

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


📌 IBM confirms adoption of Stellar [XLM]

Stellar is currently used by several major banks (source)


As it became known, Bridget van Kralingen (IBM) confirmed that Stellar's blockchain is currently used by several major banks. More adoption of cryptocurrency and technology is excellent; although maybe we want to feel it even closer than the banks do it actually.

However, there is no official information on the use of Stellar yet. Therefore, it is possible to take news and announcements of previous months as a basis (to make a guess), although this may not give accurate results. Among the countries using XLM, there were also listed: New Zealand, Australia, Southeast Asian islands and Great Britain.

At the moment, the main using of Stellar is to make cross-border payments in real time. This technology, like other related projects, has already been tested by several companies.

Tags: #IBM #XLM #Stellar #adoption #banks #cryptocurrency
Who can be interested: XLM holders/community


📌 ICO Calendar


Upcoming/ending ICOs in near future


📕 END

📗 START

↪️ Others are 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: $282 257 162 279
💵24h Vol: $13 607 026 566


📊 Prices TOP 21.07.2018


↗️↘️Bitcoin: $7 417,64
↗️↘️ETH: $465,04
↗️↘️XRP: $0,454415
↗️↘️BCH: $791,55
↗️↘️EOS: $8,13
↗️↘️XLM: $0,289323
↗️↘️LTC: $84,64
↗️↘️ADA: $0,167625
↗️↘️IOTA: $1,01
↗️↘️USDT: $0,999204


♻️ Exchanges


📌 Coinbase forms Political Action Committee

Crypto-currencies will have a voice in politics. Or it's just only for Coinbase? (source)


Political Action Committees in the US (PAC) are quite important institute, so the news requires to be explored more. These committees are pools of organizations with common political objectives; they have the right to co-finance campaign candidates for public office, to participate in actions regarding legislation. The creation of electoral initiatives can also be the main thing in this sense.

It is hoped that the formation of this association will positively affect the industry as a whole (at the local or general level). Earlier, Coinbase had already initiated a cooperation in the are of institutional trade.

Tags: #Coinbase #exchange #politics #PAC #cryptocurrency
Who can be interested: crypto-community


📌 What is ATS and why major exchanges are looking for it

This is a quest not for Circle and Coinbase only (source)


Previously, SEC (US Securities and Exchange Commission) announced that further research on the topic of regulation of cryptocurrencies will continue. Over the past few months, the market has been closely monitoring how things are going on this issue.

Jay Clayton, SEC chairman, noticed:

“I agree that promoting greater transparency in order interaction, matching, and execution will help empower investors and their intermediaries to find those trading venues that best meet their trading and investing objectives”.

Perhaps with the evolving of the cryptocurrency industry, including legislative regulation, and general views of public persons on the blockchain, Coinbase and other big (and not so) players will have more opportunities to develop the market and offer their services.

Now we know about the initiative to get SEC license from Coinbase and Circle (purchased Poloniex). The main thing is that ICO tokens are almost always considered as securities, so many companies may face limitations in their activities in the future.

More about ATS - alternative trading system.

Tags: #exchanges #Coinbase #Circle #crypto #ATS #SEC
Who can be interested: market researchers


📌 Other updates – new projects, tokens and more


  • Soarcoin Exchange will be launched today, on Jul 22. Since this time, Soarcoin (SOAR) costs about $0,029, with $78 916 USD 24h volume and 4 315 BTC as market capitalization. Know more: Project’s review article by Cointelegraph (2017).
  • Ontology [ONT] will distribute its new token $ONG. Is already supported by Huobi Global. There is also several mentions from the team - for example, First Candidate Node List updates (by rounds).
  • XRP [XRP] will be added to Wirex (Mastercard/Visa tied wallet). More wide adoption of crypto, XRP and BTC is expected by community [especially Japanese] and SBI Holdings.

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


💱 Exchanges TOP

Binance $1.43B -> 16.72%
OKEx $1.20B -> 13.98%


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