📰 24/7/2018 Above $8,000: Brian Kelly explains why BTC is on bull run; Binance will enter South Korea market (rumors), and other news by ICO Telegraph
🕑 5 min read
What did we collect for you today:
- News about cryptocurrencies/blockchain, market overview;
- Upcoming events, announcements;
- Exchanges/listing/ICO updates: new tokens, projects etc.;
- And more related information.
📌 Bitcoin shows record growth rates
The $8,000 barrier is passed; now the leading currency is trading near the $8,100 mark
Upd upd upd: there is some opinion that SEC will not delay decision about ETFs.
Hello there! As you have already noticed, Bitcoin is now becomes faster in its rising, moving toward $9,000 and $10,000, respectively. After jumping over the $7,800 - $8,000 corridor, the most capitalized currency feels extremely confident. However, many experts still remind us to be cautious about trading - because large volumes can distract us from the overall picture.
But, as it can be said, even skeptic economists shouldn't become complete wet blanket.
At the moment, the total capitalization of the crypto-currency market exceeded $300B (now this value has decreased). But, while the price of Bitcoin shows a maximum of the last two months (the highest values of $8,360 on Bitfinex), SEC delays decision on five Bitcoin ETFs until September.
Tags: #Bitcoin #BTC #market #price #opinion
Who can be interested: all crypto-community
📌 Opinion: Brian Kelly explains why BTC is on bull run
One more time to be explained in 4 easy points (source)
BK Capital Management founder, Brian Kelly notes that Bitcoin's growth has several reasons that everyone should know. Maybe we are not experts in finance, especially crypto-currencies, or just hear the call of another bull run. Therefore, let's recall a few basic points, why the price goes up.
Earlier Kelly noted that the BTC's price fall does not mean the collapse of the crypto currency (when Bitcoin moved below $6,000), and it is necessary to invest in Bitcoin right now.
- Waiting for the SEC decision regarding Bitcoin-ETF;
- Interest of institutional investors;
- Blockchain can fully bring the stage of Web 3.0 (Database to Databank theory);
- End of the selling period and retreat of the bears.
Tags: #opinion #experts #market #overview #Bitcoin
Who can be interested: all crypto-community/holders
📌 ICO Calendar
Upcoming/ending ICOs in near future
📕 END
- Calvin Global Crypto Exchange [Finance/Banking], Etherisc [Smart Contract Platform], Exolover [Entertainment], GLX [Decentralized Exchange], Staramba [Virtual Reality] ICOs will end on July 25, 2018.
📗 STARTS
- AiBB [AI], ALEHUB [Business Services], Cache [Business Services], Modex [Smart Contract ], Plentix [Business], Upfinex [Decentralized Exchange] ICOs will start on July 25, 2018.
↪️ 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: $298 569 627 785
💵24h Vol: $20 116 602 023
📊 Prices TOP 24.07.2018
↗️↘️Bitcoin: $8184
↗️↘️ETH: $474
↗️↘️XRP: $0,458971
↗️↘️BCH: $852
↗️↘️EOS: $8,41
↗️↘️XLM: $0,300631
↗️↘️LTC: $87
↗️↘️ADA: $0,173372
↗️↘️USDT: $0,997890
↗️↘️IOTA: $0,975420
♻️ Exchanges
📌 Binance enters South Korean market
Binance CEO Changpeng Zhao noticed the importance of the SK market earlier, during the Blockchain Summit in Seoul. Next real steps are already taken (source)
One of the leading crypto-exchanges, which is currently based in Hong Kong, is considering the nearest neighbors for the deployment of a full-fledged office. According to information from the latest publication, Binance is in search of chiefs of the new company`s division.
What's done now:
- local marketing director and fund manager of Binance Labs - members of the local crypto industry;
- Korean language is now supported on the exchange (한국어)
Binance is one of the most popular foreign exchanges in the region, although the number of local users of the service is not so big. However, in accordance with the company's global plans, this step looks more obvious.
Tags: #Binance #exchange #SK #Korea
Who can be interested: regional users
📌 Bitcoin Exchange founder admitted fraud after a few years
Know more about details of the fraudulent scheme that has become a failure for investors (source)
July 2013 was a key point at the beginning of the careless economic plan for John Montroll (the founder of BitFunder). Together with the partners, WeExchange and Australia Pty Ltd, John sold shares of business companies for Bitcoins, summing up capital and taking it for personal use.
Further, he proposed the Ukyo.Loan stocks for all positively minded investors; thus, interest to the exchange has increased. Among all the promises of Montroll became known: "daily interest" and "redemption of shares at any time."
However, soon the unstable system was exposed to external risk, namely hacking. It is curious that the fact of the hacker attack was hidden from investors; promised payments were stopped. Later, after when 6,000 BTC in total were stolen, and a criminal case was created, John started to give false testimory, which also played a bad role in his case.
Now, the judge has postponed sentencing for Montroll, and his fate is in the hands of justice.
Tags: #fraud #exchange #BitFunder #hack
Who can be interested: market researchers
📌 Other updates – new projects, tokens and more
Do not miss - most popular crypto wallet service announced its Beta mobile app! This MEW app uses a QR code (no need to enter a private key).
Trade.io platform is now «here»: The test mode is accessible for 1000 selected users; later, this service will be opened for a large number of participants
BitTorrent (and uTorrent also) is now a part of TRON: company finally confirmed its merging. BitTorrent is now supported by 100M active users, while the TRON`s community is growing day by day.
Know more interesting events/important updates? Please write a comment about it.
💱 Exchanges TOP
Binance $1.93B -> 16.50%
OKEx $1.36B -> 11.58%
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Looks like we are going up. ☺
Yeah, market recovers, which is cool.