📰 27/7/2018 Charlie Lee named The Gold, Silver And Diamonds of the cryptocurrency; market reduces volumes on the wave of a new fall; and other news by ICO Telegraph

in #bitcoin6 years ago

🕑 4 min read


What did we collect for you today:

  • Daily market review;
  • Charlie Lee explained his personal view on cryptos;
  • Exchanges/listing/ICO news: new tokens, announcements;
  • And more related information.

📌 Hear about ETF? Ban it!

The crypto market is moving down due to reject by SEC, losing motivation


At the moment, the decrease in the price of Bitcoin by more than 3% can be explained by several reasons. First, the disagreement of the SEC on the launch of Bitcoin-ETF by the Winklevoss brothers could affect the confidence of investors. Secondly, CME does not plan to launch altcoin futures due to high risks, citing the fact that even the December decision on Bitcoin could be the most controversial for the whole 40 years of the company's activity.

At the same time, the already discovered enthusiasm does not stop the market participants professing "buy and hold." For example, according to Mark W. Yusko, BTC will gain at least $25,000 by the end of 2018. He told:

The #NetworkEffect of #Bitcoin is powerful and all that matters today is securing ownership of the Network, the daily price is just noise... #BuyAndHODL

Source: Mark W. Yusko, Morgan Creek Cap. CEO

However, many experts still believe that now the markets have nothing that could play on the increase. Perhaps a recession in the depths of a down market will take several more "holders" away forever.

See also: BTC retrace watch continued: 6700-6800 buy opportunity? by euromotives.

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


📌 The Gold, Silver And Diamonds of the cryptocurrency market — what it could be?

During the Asian Blockchain Summit 2018, Charlie Lee [LTC] singled out only these cryptocurrencies (source)


Now, after Charlie Lee sold his Litecoin, he can publish unbiased predictions for LTC - the first such opinion has already appeared. For example, Lee argues that if someone compare BTC to a product, then it's certainly gold. At the same time, LTC is not very different from BTC, but, it works differently with transactions and commissions. Therefore, he accepts the honorary status of "silver."

Finally, XRP can be rightly considered a diamond among other cryptocurrencies, because it is strongly influenced by centralization (by analogy with the market). In many ways, these two are both tied to advertising.

Tags: #other #opinion #BTC #XRP #LTC
Who can be interested: investors


📌 ICO Calendar


Upcoming/ending ICOs in near future


📕 END

📗 STARTS

  • Cryptov8 [Finance/Banking] ICO will start on July 28, 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: $287 437 485 313
💵24h Vol: $14 881 558 842


📊 Prices TOP 27.07.2018


↗️↘️ BTC: $7862.81
↗️↘️ ETH: 459.90
↗️↘️ XRP: $0.445967
↗️↘️ BCH: $790.50
↗️↘️ EOS: $8.12
↗️↘️ XLM: $0.298819
↗️↘️ LTC:$82.37
↗️↘️ ADA: $0.157083
↗️↘️ IOTA: $0.984639
↗️↘️ USDT: $0.998747


♻️ Exchanges


📌 New trading platform appears soon

Owner of Coincheck will launch U.S. trading platform (source)


As you can remember, Coincheck, Japanese cryptocurrency exchange (one of the largest in the country), has become the victim of a massive hack, during which 523 mln NEM coins, worth approximately $534 mln were stolen.

However, the fate of the exchange did not end on this; the company was acquired by Monex Group in April of this year. It was planned to launch the platform again before the end of this month, however, due to tight regulation, Monex is saying that the US and Europe are more open markets at the moment. So the geography of the new exchange can be moved.

Tags: #exchanges #trading #new #platform #US
Who can be interested: users


📌 Buy EOS for cash in Europe

European users can now buy EOS currency via Bitpanda for cash (source)


One of the most popular exchanges in Europe, Bitpanda (based in Austria), expands the set of crypto-currency assets that can be purchased for cash, so today it becomes EOS. Purchasing is available in 400 Post branches and 1300 Post partners throughout Austria.

How EOS lives now? Despite the high expectations of enthusiasts, the 24-hour capacity of EOS is still lower than Ethereum, and it has already become the beginning of hot debates. However, the project lives, its structure is gradually changing. For example, EOS block manufacturers voted to increase the RAM of the network. (Some participants abstained from voting, for example, including the Bitfinex and Huobi exchanges).

Tags: #Bitpanda #exchange #listing #EOS
Who can be interested: regional users


📌 Other updates – new projects, tokens and more


  • Binance exchange has completed the ONT (Ontology) mainnet swap. Deposits/withdrawals of ONT are already opened: since MainNet Ontology 1.0 went live on June 30, 2018. Mapping will be finished in October.

  • TERN (Ternio) will be listed on EXTRATES today. Extrates is an actively growing platform with 4 941 BTC volume.

  • Users will have 30 days to withdraw any balances on Poloniex in these assets: FLO, FLDC, XVC, BCY, NXC, RADS, BLK, PINK and RIC. After the delisting process, not so many time is reserved for complete all operations.

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


💱 Exchanges TOP

Binance $1.65B -> 18.48%
OKEx $1.03B → 11.55%


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