🗞 Daily Crypto News, June, 26th💰
- Steemit Statistics & Big Data: 🚀 End of May 2019 Update
- Bitcoin Hits 17-Month High Above $12.9k ;
- CFTC Approves LedgerX to Settle Futures in Real Bitcoin ;
- Bitcoin Market Dominance Climbs to Over 60% - Highest in Over 2 Years ;
- What Indonesia Reveals About Facebook’s Libra Plan ;
- Walmart China Will Track Food in Supply Chain with Vechain's Thor Blockchain ;
- 📑 Daily Crypto Calendar, June, 26th💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
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Bitcoin (BTC) rose above $12,900 for the first time in over 17 months backed by consistent levels of volume.
Recent price action could set scope for $13,700 in the coming day on the back of strong bullish momentum.
The hourly chart reveals extreme levels of volatility presenting harsh trading conditions for the average trader.
The Commodity Futures Trading Commission (CFTC) has cleared bitcoin derivatives provider LedgerX to offer physically settled bitcoin futures contracts.
The CFTC said Tuesday it had approved LedgerX’s application for a designated contract market (DCM) license, meaning the company can now offer the new futures contracts. LedgerX is the second company to receive approval to offer physically settled bitcoin futures; other firms, such as Intercontinental Exchange’s Bakkt, Seed CX and ErisX plan to enter this market. (While Bakkt’s own futures contracts have been self-certified, the firm is waiting for the New York Department of Financial Services to license its warehouse).
Unlike the cash-settled bitcoin futures listed by the Chicago exchanges Cboe and CME, in physically settled futures the buyer receives the underlying commodity when a contract expires, rather than the fiat equivalent.
Following its rapid appreciation in recent days, the bitcoin price reached levels not seen since immediately after the end of its 2017 bull run.
The successes have come at the expense of altcoins, which have so far failed to produce similar performance. As a result, BTC dominance of the overall cryptocurrency market cap is now 62% - more than at any time in the past two years.
Facebook published plans for the Libra cryptocurrency in seven languages, including Indonesia’s Bahasa – a move that offers perhaps the clearest glimpse of what Facebook’s fintech ascent might look like.
“Indonesia has the fourth-highest number of Facebook users in the world,” Pang Xue Kai, co-founder of the Indonesian crypto exchange Tokocrypto, told CoinDesk. “If Facebook’s Libra can address the [local] issues, it has the potential to succeed.”
According to the annual media report released by We Are Social and Hootsuite, Indonesia has the world’s highest rate of Facebook post engagement among internet users, over 4 percent, and the highest frequency of online shopping, with 86 percent of Indonesian survey respondents saying they bought something online in the past month.
According to the report, The 2019 Africa Blockchain Conference — not to be confused with The Blockchain Africa Conference 2019 which occurred in April — will be held from July 3 to July 4, and the theme is ’Africa 4.0: Preparing Africa for the 4th Industrial Revolution.’ The conference topics will reportedly include fintech, payment systems, and the future of education.
President Museveni reportedly supported the use of blockchain technology in Uganda during his inaugural speech. Museveni is said to have cited four economic areas that he believes should be supported by blockchain technology: agriculture, manufacturing and processing, services, and the ICT sector.
📑 Daily Crypto Calendar, June, 26th💰
Tritium Wallet will be available to download on Wednesday, June 26th.
Hubi will open DGB/USDT trading pair at 2:00pm on June 26.
Hot Pot Challenge on Binance DEX 2019/06/21 -2019/06/26 "A Trading Competition with 25,000,000 RAVEN to be airdropped"
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
This resistance line at 0.43$ is really blocking us since weeks now. We have to wait and see when the market will have the power to break it or if we will see an important correction taking place from it. The Steem is really controlled in this range since weeks by a whale I supposed and without a break out, I don't expect any big move.
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