Stay Current Crypto Review #1: July 2018

July was marked by the growth of prices of bitcoin and some other major cryptocurrencies. There’s a chance the market’s bottom has been reached in June: Bitcoin showed noticeable growth in July, for the first time in two months rising above $ 8,000. So July is a good starting point for this new series of posts where I'll pick some interesting news of the month and follow the fates of top 30 cryptos.

Crypto News Background

• The Swiss city of Zug, known as the "Crypto Valley" thanks to its support of the crypto industry, successfully finished testing of the city's blockchain-based electronic voting system.
• A group of European banks announced the completion of a series of cross-border trade transactions through We.Trade, a jointly developed blockchain platform.
• The Litecoin Foundation, the organization behind Litecoin cryptocurrency development, acquired in partnership with TokenPay about 10% of the German WEG Bank AG.
• The developers of Opera browser announced testing a built-in cryptocurrency wallet and the support of Ethereum Web3 in the browser’s new Android version.
• Augur decentralized platform was successfully launched in the Ethereum network.
• From a recent patent won by MasterCard, it is evident that the payment giant became seriously interested in cryptocurrency payments.
• Chinese search giant Baidu launched a proprietary token dubbed Totem Point and designed to reward users of its new blockchain-based Totem photo sharing service.
• Tron acquired popular BitTorrent service.
• Japanese companies Hitachi and KDDI are jointly testing a new blockchain-based retail payments system using customers’ fingerprints.

Top 30 Cryptos: Winners and Losers

Biggest Winners

• Tezos: 1341th to 19th place
• 0x: 31th to 23th place
• BitShares: 35th to 30th place

Biggest Losers

• Ontology: 20th to 32th place
• Steem: 30th to 36th place
• ICON: 23th to 29th place

Top 30 Cryptos: Category Ratings

1. Cryptocurrencies: “better money” or “better bitcoin”

1. Bitcoin
2. Bitcoin Cash
3. Litecoin
4. Monero
5. Dash
6. Zcash
7. Bytecoin
8. Bitcoin Gold
9. Decred

2. Dapp Platforms: “better blockchain” or “better ethereum”

1. Ethereum
2. EOS
3. Cardano
4. NEO
5. Ethereum Classic
6. Tezos
7. QTUM
8. Zilliqa
9. Lisk
10. ICON

3. Specialized Tokens or Coins

1. Ripple: banking
2. Stellar: banking
3. IOTA: Internet of Things
4. Tether: stablecoin
5. TRON: content / media / entertainment
6. NEM: asset management
7. Binance Coin: exchange
8. VeChain: blockchain-as-a-service
9. OmiseGo: banking
10. 0x: exchange
11. Bitshares: exchange

Cryptocurrency Media Rating

1. Cointelegraph
2. CoinDesk
3. CCN
4. Bitcoin News
5. Bitcoinist

Credits and Sources

• Top 30 Cryptocurrencies: according to CoinMarketCap
• Crypto News Background: according to Cryptaur News Digest
• Cryptocurrency Media Rating: according to Detailed.com
• All data are as of July, 31th, 2018
• Photo by Juja Han on Unsplash

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I'm a frontend developer, writer, world citizen, and a father to eight. Most often I post about web development, crypto, and writing. If you've enjoyed this post, please consider an upvote, reblog, and follow.