Hey folks, back with the latest moves in crypto-markets, industry and local news.

Here's what's been going on in ...

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Crypto Markets

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Bitcoin finished the day slightly lower yesterday, but remains well supported above 2200. 2400 is initial resistance, with falling channel resistance above there at 2450. We need a close above the latter to open up the path higher:

Ether finished the day lower yesterday, giving back most of Tuesday's gains. Treating the down-move as consolidation, rather than a topping process and looking for a close above 230 to confirm bullish bias:

Steem finished the day lower, but continues to find bids and 40/35 support remains solid. Anticipating a move back towards 65 in the next week or so, but need to see a close above 55 first:

We are trading at $1.54 AUD this afternoon, up slightly from $1.51 yesterday. Down a little against US Dollar though: currently fetching $1.19, down from $1.26 yesterday and a 24 hour high of $1.40. Steem Dollars continue to trade at a slight discount, though traded as high as $1.05 yesterday, currently $0.96.

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Crypto News

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Over 150 000 Ether has been stolen from Parity wallets, valued at approximately $30 Million USD. Parity has said at least three accounts were affected and a separate source identified æternity, Edgeless Casino and Swarm City, all of whom have conducted recent ICOs. Swarm city have issued a statement confirming they had more than 44 000 coins stolen. I imagine this news contributed to Ether weakness overnight. Coindesk with that story.

In related news, Ether continues to trickle into the false address related to the CoinDash hack. Funds lost now total more than 10 Million dollars and, according to CoinDash's previous announcement, the investors who have sent this latest 3 Million dollars will not be getting compensated. Coindesk again with that one.

We're nearly out of the woods and well before August 1, with more than 80% of the mining network ready to activate Segwit2x. Bitmain/Antminer have come on board, but we are still waiting on F2Pool and Slushpool. Though 80% is the technical threshold, we really need more of the network on board, as there could be substantial variance in actual blocks found. The network will need to hold above 80% of blocks found for three days in order for Segwit2x to activate. Cryptocoinnews with that one.

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Aussie News

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In local news, a find in Kakadu National Park has pushed back the date for the first settlement of Australia by at least 15 000 years. What's so interesting about this particular site, is the evidence of continuous inhabitance; axe heads and sharpening stones have been found throughout the different layers, and there is modern artwork depicting first contact with Europeans.

In other news, the ACCC has issued a warning to Australia's biggest Telco's, saying they could find themselves in court by the end of the year. The ACCC are currently investigating whether or not Telstra, Optus and others have misled consumers when advertising 'speeds up to' figures. This sort of stuff is everywhere in the forex world - every broker has a 'minimum spread of 0 pips' - but when you look at the averages, only a few ever come close to that for more than a few seconds.

Researchers at the Australian National University, in partnership with a team of scientists in Germany, are working on nano technology for computer graphics processors that would give a massive performance boost over what's currently available. Currently technology is hampered by outdated copper wiring, this new technology would utilize fiber optic cabling, similar to the original plans for the NBN. They seem to have missed the point though ... I don't think gamers will make up the biggest market for this new tech!

ABC News with those stories.;

That's me for the day folks and rant-free at that ... back tomorrow with another wrap. Thanks for tuning in again and really appreciate all the positive comments and feedback XD

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As usual, 20% of the rewards from this post will be split with @centerlink for the communal benefit of #TeamAustralia

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