🗞 Daily Crypto News, August, 15th 💰

• Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving ;
• Crypto Unicorn Bitmain Weighs $18 Billion IPO, One of World's Largest ;
• Ethereum Co-Founder Joseph Lubin: Crypto Price Collapse Will Not Constrain Further Growth ;
• An ICO Venture Is Trying to Take Over a Tokyo Stock Exchange Listed Company ;
• New Player to Offer Next Generation ASIC Chips This Year ;
• [📑 Daily Crypto Calendar, August, 15th]💰(https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-august-15th)
• STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving

Bitcoin looks to have fought off a recent bear market breakdown that saw prices landing just above the yearly low of $5,755.

Bitcoin dropped to $5,858 yesterday at 02:00 UTC, just $103 shy of this year's bottom, according to Bitfinex data.

Read more & Source: https://www.coindesk.com/breakdown-over-bitcoin-indicators-suggest-price-outlook-is-improving/

Crypto Unicorn Bitmain Weighs $18 Billion IPO, One of World's Largest

Cryptocurrency mining company Bitmain is reportedly preparing to file for an IPO, weighing as high as USD18bn, in September.

An IPO of this size would stand as one of the largest IPOs of all time, overtaking that filed by Facebook in 2012.

Read more & Source: https://steemit.com/bitcoin/@vlemon/crypto-unicorn-bitmain-weighs-usd18-billion-ipo-one-of-world-s-largest

Ethereum Co-Founder Joseph Lubin: Crypto Price Collapse Will Not Constrain Further Growth

Ethereum co-founder and ConsenSys Inc. CEO Joseph Lubin said in an interview with Bloomberg Aug. 14, that he does not see the recent cryptocurrency price collapse as a constraint to further growth.

“...we build more fundamental infrastructure, we see a correction, and the potential gets even more impressive… I absolutely expect that there is a strong correlation between the rise in price and the growth of fundamental infrastructure in the ecosystem and the growth of development in the ecosystem. We are probably two orders of magnitude bigger as a developer community than we were eight or 10 months ago.”

Read more & Source: https://cointelegraph.com/news/ethereum-co-founder-joseph-lubin-crypto-price-collapse-will-not-constrain-further-growth

An ICO Venture Is Trying to Take Over a Tokyo Stock Exchange Listed Company

Could we soon see a token-backed project listed on one of the biggest equity venues in the world? An Asian ICO venture is reportedly trying to take over a Tokyo Stock Exchange listed firm, which would effectively make it a public company.

Read more & Source: https://news.bitcoin.com/an-ico-venture-is-trying-to-take-over-a-tokyo-stock-exchange-listed-company-2/

New Player to Offer Next Generation ASIC Chips This Year

A new competitor is advancing on plans to enter the mining hardware market by the end of the year. Canadian company Squire Mining has raised almost $20 million to finance the design, development, and testing of a new ASIC chip and bitcoin mining rig. Squire also wants to set up its own crypto mining facilities.

Read more & Source: https://news.bitcoin.com/new-player-to-offer-next-generation-asic-chips-this-year/

📑 Daily Crypto Calendar, August, 15th💰

• Hexx (HXX)

"HEXXchange (In progress - Open Beta by 15 August)"

• ZClassic (ZCL)

Fork 1:1 Zclassic/Bitcoin ANON exchange support and an announcement regarding listing.

• BitTube (TUBE)

"Block 140,000 (early August): Airtime is activated."

• Cardano (ADA)

Special Announcement

• Matchpool (GUP)

Android App Launch

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-august-15th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

The correction is continuing on the STEEM. You will say like on the BTC, yeah it is not wrong, the only problem is that most of altcoins are correcting 2-3X more than the BTC. Currently, the drop is held by a little support line around 0.80$ but I really don't think that this line will stop the drop in the coming hours. We are in a very bearish trend on the STEEM and till we don't have any sign of a reversal, I would suggest everybody to be very carefull with STEEM but also with all other altcoins...

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