The Crypto Recap: July 22nd, 2017

in #crypto-news7 years ago

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Market Summary


Market Cap: $97B
BTC Dominance: 47.38%
24 Hour Volume: 2.8B
Active Currencies: 821
Active Assets: 176
Active Markets: 4675

We're surprising up over $6B since yesterday, tipping just over $97B starting out the weekend. Usually we see a few people cashing out after the week, but it looks like money is still pouring into the market. Bitcoin dominance is holding steady at 47%, which is fairly impressive given how much some alts have risen this week. We're seeing the expected drop in 24 hour volume that generally comes on the weekend, but we're still seeing plenty of increases.

NEM, BitShares, Steem and Waves are all making huge gains of 20+% over the last 24 hours. Everything in the Top 20 is shining green within the last 24 hours, as well as the last 7 days (with the exception of USDT). The TaiFu index looks like it may be consolidating a little and going slightly sideways, but that could partially be due to the weekend. It looks like confidence has been restored, as we continue this record setting year in crypto.

Bitcoin Trend (1 day)

TaiFu Index


News


info.title BIP91 Lock-in Does Not Guarantee a Swift SegWit Activation on the Bitcoin Network - altcointoday

BIP91 Lock-in Does Not Guarantee a Swift SegWit Activation on the Bitcoin Network Bitcoin users have kept a close eye on the BIP91 lock-in period. This lock-in has now been secured with relative ease. However, there is no reason to get your hopes up just yet, as this lock-in period means nothing until things change…

info.title Tracing Ethereum and Bitcoin? Darknet’s Two Biggest Marketplaces are Busted - altcointoday

Tracing Ethereum and Bitcoin? Darknet’s Two Biggest Marketplaces are Busted On July 16, CCN published a development on what happened to the biggest darknet marketplace, AlphaBay, after it was down for over 10 days. At the time, reports suggested that authorities managed to raid its servers in Canada and the U.S., and arrest its alleged admin Alexander Cazes, a…

info.title Understanding Bitcoin's Scaling Debate: Politics Comes First - altcointoday

Understanding Bitcoin’s Scaling Debate: Politics Comes First Jim Harper is vice president of the Competitive Enterprise Institute, where he works to adapt law and policy to the information age. A former counsel to committees in both the US House and the US Senate, he served as Global Policy Counsel for the Bitcoin Foundation in 2014.…

info.title Can Antshares Become the Ethereum of China? - altcointoday

Can Antshares Become the Ethereum of China? Antshares, the China-based open-source Blockchain platform, is trying to position itself as the country’s version of one of the known digital cryptocurrency platforms, Ethereum. As part of its rebranding, the platform will be renamed as NEO by the end of 2017. Antshares/NEO has already gained a foothold in…

info.title Acinq Launches Lightning Network Android Wallet Eclair - news.bitcoin

This week Bitcoin.com reported on the recent demo of the Lightning Network being tested by Bitfury on Bitcoin’s mainnet. Now the bitcoin technology company Acinq has launched its Lightning Network-based Android wallet “Eclair” because the company believes Segwit “seems to be on the verge of activation.”

info.title South Africa Will Begin Testing Bitcoin and Crypto Regulations - news.bitcoin

The South African Reserve Bank has announced that it will trial cryptocurrency regulations. Loerien Gamaroff, CEO of Bankymoon, has revealed that his company has been selected as the first business to trial the new regulations.

info.title Bitfury Successfully Tests Lightning Network - news.bitcoin

The firm Bitfury Group published a video which shows a successful demonstration of the Lightning Network on the Bitcoin mainnet.

info.title Fork Watch: Japanese Exchanges to Suspend Services on Sunday - news.bitcoin

The Japan Cryptocurrency Business Association has announced its plans in response to the BIP91 lock-in. Thirteen Japanese bitcoin exchanges are now prepared to halt bitcoin deposits and withdrawals earlier than the original date of August 1.

info.title New Bitcoin.com Podcast Episode with Tim Swanson of R3 - news.bitcoin

During this week’s Bitcoin.com podcast our host, Richard Jacobs, sits down with Tim Swanson, Director of Market Research of R3 consortium. They discuss blockchain, banking, and the mission of R3 as a banking company interested in blockchain and distributed ledgers.

info.title Russia Prepares to Legalize ICOs - news.bitcoin

Russia is currently working on a regulatory framework to legalize Initial Coin Offerings (ICOs), local publications reported on Wednesday. This is in addition to a bill that is being finalized to recognize cryptocurrencies such as bitcoin and ether.

info.title Following Money Through the Bitcoin Laundry Is Not So Easy - news.bitcoin

Just recently there was a small ransomware outburst called “Peyta” that attacked various computers around the world. The creators of Peyta didn’t make as much money as the Wannacry extortionists had made a few weeks earlier, as Petya only raked in around $8,000 worth of BTC. However, the money the hackers accumulated has moved and following those bitcoins has proven to be extremely difficult.

Videos


Inside NEM Blockchain Video Episode 4: Jeff McDonald Interview on NEM + Luxtag + Voting Center - Inside NEM - YouTube

VLOG #2: Your Altcoin Is A Ponzi Scheme, Scamcoin, and S***coin - CryptoGordo - YouTube

What Is Money Really? What Are It's Features? How Does The Government Force It's Use For Tax? - Chris Coney - YouTube

Research


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Great. Last week sundy great buy day.

Hello friend, great post @chasewest , I congratulate you :-)

Thanks! Nice homework! :)

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