🗞 Daily Crypto News, February, 18th💰

• More Than 30% of BTC Traffic Stems from the Veriblock Project ;
• Crypto Markets See Bullish Growth, Asian Stock Markets Rally Ahead of US-China Trade Talk ;
• Brock Pierce, Mark Karpeles and the War of Words Over Mt Gox’s Future ;
• Forks And Schisms: Ethereum Governance And The Protestant Reformation ;
• Ethereum Scaling Tech Monoplasma Wants to Let Dapps Broadcast Crypto ;
• 📑 Daily Crypto Calendar, February, 18th 💰
• STEEM Trading Update

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

🗞 More Than 30% of BTC Traffic Stems from the Veriblock Project

Over the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner.

Most people are unaware that about a quarter of the BTC chain’s daily transactions are due to another project called Veriblock. The Veriblock chain utilizes a system called proof-of-proof (PoP) and the ‘proof’ stems from the security of the BTC chain. Essentially, Veriblock aims to provide alternative blockchain security by immersing a snapshot of the altcoin’s ledger into the BTC chain. Veriblock uses OP return transactions and other methods to embed the blockchain’s state data in an “SP blockchain transaction.” Last month BTC developer and Casa CTO Jameson Lopp noticed that Veriblock was dominating the number of BTC-based OP return transactions.

🗞 Crypto Markets See Bullish Growth, Asian Stock Markets Rally Ahead of US-China Trade Talk

Monday, Feb. 18: Crypto markets are seeing a bullish surge of green, with all of the top twenty cryptocurrencies seeing growth of between 2 and 12 percent, as data from Coin360 shows.

Top cryptocurrency Bitcoin (BTC) has seen a solid 2.9 percent in growth on the day and is trading around $3,742 to press time, according to CoinMarketCap data, bringing Bitcoin to a 2.38 percent gain on the week.

🗞 Brock Pierce, Mark Karpeles and the War of Words Over Mt Gox’s Future

Brock Pierce wants Mt. Gox creditors to receive 100 percent of whatever they’re owed – or so he says, anyway.

Weeks after announcing Gox Rising – his ambitious effort to unite the long-defunct exchange’s creditors, submit a civil rehabilitation plan and relaunch the Mt Gox exchange itself – Pierce, a prominent crypto-entrepreneur, is walking back just how concrete these plans are.

He’s also fought with former Mt Gox CEO and majority shareholder Mark Karpelès on Twitter about the feasibility of his plan and whether it’s even legal.

🗞 Forks And Schisms: Ethereum Governance And The Protestant Reformation

A Tale of Two Movements

Once upon a time, in a land far, far away, there lived a people constrained by a power structure dictated by middlemen. Power was concentrated in the hands of a centralized organization that required adherence to specific rules and regulations in order to gain access to its stores of value. Personal autonomy was a privilege of the wealthy.

Fed up with this corrupt system that benefited a few at the expense of the many, a small band of rebels invented a technology that would take power from centralized bodies and disburse it into the hands of the common people. It would spark a revolution that empowered people to break free from the existing governance structures and establish communities guided by consensus.

🗞 Ethereum Scaling Tech Monoplasma Wants to Let Dapps Broadcast Crypto

Blockchain data platform Streamr has officially released a new open-source ethereum scaling technology called Monoplasma.

Inspired by a pre-existing scaling solution called plasma, Monoplasma is different in that it focuses specifically on “one-to-many payments” in which users would need to “repeatedly distribute value to a large and dynamic set of ethereum addresses,” explained Henri Pihkala, CEO of Streamr.

📑 Daily Crypto Calendar, February, 18th 💰

• Insolar (INS)

Roadmap Upgrade

• KuCoin Shares (KCS)

KuCoin performs a system upgrade to platform 2.0 at approximately 08:00 AM (UTC+8).

• XOVBank (XOV)

Singapore exchange lists XOV at 11 AM (GMT).

• ONG (ONG)

Binance will open trading for ONG/BNB, ONG/BTC and ONG/USDT trading pairs at 10:00 AM (UTC).

• SCRIV NETWORK (SCRIV)

SCRIV releases Universal Miner Alpha version.

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

So the result of the little triangle that I traced yesterday has been a little down. It is again a proof that we can never be sure about the result of a break out. However, this little drop is currently consolidating on the mobile brown line corresponding to the MMA20. If we stay upper of that line, the UP trend stays still valid so let's see what will give the coming hours.

Last Updates

• 🗞 Daily Crypto News, February, 16th💰
• 🗞 Daily Crypto News, February, 15th💰
• 🗞 Daily Crypto News, February, 14th💰
• 🗞 Daily Crypto News, February, 13th💰
• 🗞 Daily Crypto News, February, 12th💰

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