📰 25/7/2018 Long BTC bull run will be inspired by China-USA confrontation, bewildered VEN holders will recieve VTHO from Binance; India will allow crypto as payment; news by ICO Telegraph

icotelegraph (60)in #bitcoin • 6 years ago

🕑 5 min read

What did we collect for you today:

Daily market overview;
News about blockchain/crypto adoption;
Exchanges/listing/ICO: tokens, announcements;
And more related information.

📌 Opinion: Asian markets raise Bitcoin up

Specialists note that the ongoing Bitcoin rally is different. The main force is in the Asian economy(source)

Analysts agree that the trade confrontation between the United States and China (although this term can be largely absolutized by panic sentiments, which is not always true) will be another reason to raise Bitcoin.

Big investors from the Asian region may start to hedge the risks with the help of the cryptocurrency, thus creating an environment of additional interest for large financiers. This movement will affect all market participants, according to that.

“However, what caused the sudden unexplained spike is now clear to me. It is [the] Chinese devaluation, the insider reaction to imminent, planned, significant and perhaps rolling Chinese currency devaluation that set off this rally.“
Quote: Clem Chambers, ADVFN CEO

In turn, Chambers believes that Bitcoin will become an analogue of gold, in this situation. In fact, the digital currency can play both a short and a longer role in this process. Returning to today's events, BTC and alts are being in the red zone, returning previously gained volumes.

Tags: #markets #Bitcoin #prices #opinion
Who can be interested: market researchers

📌 Catalonian Government plans to integrate blockchain technology

Catalonia is preparing blockchain-based technology integration in public administrative system (source)

According to the statement of the Department of Digital Policy of Catalonia, the government body will develop a plan for introducing the blockchain technology in all areas of public administration in December, by the end of this year.

Currently, the status of the Spanish autonomous community of Catalonia is the center of public discussion for the entire region. Some blockchain enthusiasts believe that this step will help the autonomy to direct its resources to the development of the territory.

Tags: #Spain #Catalonia #blockchain #government
Who can be interested: technology/adoption researchers

📌 India will recognize status of crypto as «legally acceptable payment method»

After lengthy law proceedings, the first changes appear (source)

New “Legal Framework: Gambling and Sports Betting including Cricket in India,” report( from Indian regulators) declares that digital payment mechanisms, including cryptocurrencies, can be introduced into process of legalizing the sports bettings.

Quite unexpected turn in the history of the Indian crypto, if you have not explored this market before. However, after the Indian central bank banned the withdrawals from the number of exchanges, these updates are also positively reviewed by local community. (If you know more information about it, write a comment pls. Thanks!).

Tags: #India #regulation #Bitcoin #exchanges #law
Who can be interested: local community

📌 ICO Calendar

Upcoming/ending ICOs in near future

📕 END

Aworker [Human Resources], Bountie [Entertainment], Cygnus [Business Platform], Fan360 [Business Platform], Holdvest [Decentralized Exchange], Jinbi Token [Finance/Banking], LEXIT [Business Platform], Quadrant Protocol [Big Data] ICOs will end on July 26, 2018.

📗 STARTS

AvaGO [Business Platform] ICOs will start on July 26, 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: $295 882 915 788
💵 24h Vol: $17 656 892 117

📊 Prices TOP 25.07.2018

↗️↘️ BTC: $8098.28
↗️↘️ETH: $469.34
↗️↘️ XRP: $0.461565
↗️↘️ BCH: $832.47
↗️↘️ EOS: $8.51
↗️↘️ XLM: $0.303172
↗️↘️ LTC: $85.95
↗️↘️ ADA: $0.168470
↗️↘️ IOTA: $0.969360
↗️↘️ USDT: $0.995498

♻️ Exchanges

📌 BitMEX is moving forward: 1 Million XBT in 24 hours and first EFP exchange

The world's first futures-to-Bitcoins exchanging and trading records: BitMEX updates (source)

Earlier, the BitMEX crypto-exchange has recorded a trading volume of almost 1 million XBT (equivalent to $8 billion) over the past 24 hours. Against the background of the general volatile market sentiment, the company said that this is a record for the industry, for which it thanks its users.

As you remember, Arthur Hayes, co-founder and chief executive of BitMEX, suggested earlier that, despite the increase in market volatility this summer, BTC's price will reach $50,000 near the end of 2018.

Tags: #BitMEX #exchanges #Bitcoin #business
Who can be interested: users/market researchers

📌 Binance completes VEN → VET tokenswap, funds not found

Not all users checked the Binance`s swap: always read the announcements about tokens you hold (source)

Probably, not all users have known bout such an important event as mainnet and connected exchanging of the old VeChain token [VEN] for the new VeChainThor [VET] standard (1:100). However, despite the company's statement as early as July 19, many users found empty balances of their tokens. Bad informing?

UPD:

After discussing with the VeChain (VET) team, Binance will support the distribution of VTHO to VET holders. The VTHO will be distributed on a monthly basis, but calculated based on daily snapshots of each user’s VET balance.
Source

Tags: #VEN #VET #VTHO #VeChain #Binance
Who can be interested: holders

📌 Other updates – new projects, tokens and more

BitGo is now supporting Bitcoin. BitGo provides a platform and services for multiproporse solutions, such as payments, processing, treasury/risk management, compliance, logistics, B2B/B2C apps. Upd.: same for Zcash.
Other: Coinbase exchange announced new «e-gift» card which can be used to spend cryptocurrencies with Nike, Tesco, Uber, Google Play and other stores (available only in Europe and Australia).
$RFR (Refereum) market is open on Bittrex exchange. This is an multiple platforms for gaming community. Includes possibility to earn RFR tokens for streamers/gamers/other members.