🕑 5 min read
What did we collect for you today:
- Daily market review;
- News about blockchain adoption, announcements;
- Exchanges/listing/ICO data;
- And more related information.
📌 Bitcoin dominance is a fact
Only Bitcoin retains the potential to be in the green zone. But not altcoins
Meanwhile, as BTC can still remain in the green market zone, altcoins are suffering from new recession. Among the TOP-10 crypto, the most affected were Ripple, Stellar and IOTA. At the present moment, Bitcoin is moving towards taking a 50% market share. And what do you think about it?
Bitcoin now occupies 45% the crypto-currency market as dominance. Almost the same numbers we can find in April's statistics (this year). BTC's price continues to remain above $7,400, and many experts suggest that levels of about $8,000 and $9,000 are becoming "unlocked", like new levels in this market’s game.
Tags: #Bitcoin #BTC #altcoins #market #trend #crypto
Who can be interested: all crypto-community
📌 Framework for Legal Smart Contracts will be created in UK
The Law Commission for England & Wales thinks that using blockchain for legal is real (source)
First of all, the commission considers the use of smart contracts.
Now this area is being investigated quite actively, however, a little less deeply than in banking or other related (financial, for ex.) industries. At the same time, the organization has already studied this issue at the beginning of the year; the first results on the development of the legal blockchain-based system will appear this summer.
Today, legal knowledge has long passed into the area of commercial services. Therefore, it becomes clear why these who close to the state structures should investigate the blockchain, one of the newest and most competitive technologies. This will increase the confidence of people which interact with the courts and legal commissions.
Tags: #UK #law #legal #blockchain #real-use
Who can be interested: technology/adoption researchers
📌 ICO Calendar
Upcoming/ending ICOs in near future
📕 END
- DataBlockChain.io [AI], GANA [AI] ICOs will end on July 21, 2018.
📗 START
- Bitminer Factory [Cryptocurrency], NONECoin [Cryptocurrency], OSA Decentralized [AI], Reger Diamond [Manufacturing] ICOs will start on July 21, 2018.
↪️ Others are now verified as TBD
We do not guarantee the trust level of ICOs, but we’ll tell you about the projects that have reached the stage of sale.
💰Market Cap: $287 422 591 113
💵24h Vol: $15 056 521 597
📊 Prices TOP 20.07.2018
↗️↘️Bitcoin: $7 582,64
↗️↘️ETH: $466,09
↗️↘️XRP: $0,464201
↗️↘️BCH: $813,49
↗️↘️EOS: $8,40
↗️↘️XLM: $0,286210
↗️↘️LTC: $86,29
↗️↘️ADA: $0,176710
↗️↘️IOTA: $1,02
↗️↘️USDT: $0,996908
♻️ Exchanges
📌 Create a new exchange with new Huobi’s platform
Huobi Cloud makes enable to create platforms for crypto-trading (source)
Today, the market of alternative trading platforms is becoming very large. Almost every new exchange offers a unique condition - for example, low commissions, improved operational capabilities or a more advanced type of listing. However, most of them, as experience shows, are not suitable for use at least because of "scam".
However, users can not limit themselves by using only existing exchanges; what is a market without competition? This new product from Huobi will provide an access to creation of OTC trading platforms, as well as cryptocurrency exchanges. Huobi’s new service includes preset solutions for hot/cold wallets development, and also an anti-risk mechanisms/ecosystem providing. Probably, this will protect new users from many fundamental risks.
Did you know? Coinbase Prime (Service for Institutional Investors by Coinbase) drew to co-operation the first hedge fund with $20 billion worth assets.
Tags: #exchanges #trading #platforms #Huobi
Who can be interested: users/teams/developers
📌 The Supreme Court in India postpones the "crypto-exchanges ban" petition hearing
The petition to cancel this decision is postponed (source)
Probably, the most stringent legislative process regarding crypto-exchanges was set up in India. Indian trading platforms do not provide services for trading with rupee (INR)/crypto pairs, according to court's decision. There is also no final term for this ban; discussion continues.
Popular crypto-exchanges of the country have suffered from this ban; then, the Indian community has created a petition to stop the implementation of this decision. The message is aimed at removing restrictions on the servicing of crypto/rupee pairs by regional banks. However, despite the completed work, the final consideration of this issue will be postponed to September 11.
One of the local crypto-exchanges warned its users earlier that Rupee Withdrawals Could Stop.
Tags: #India #world #regulation #law #ban #exchanges
Who can be interested: regional users
📌 Coinmarketcap is responding to charges
One of the largest services for monitoring crypto data is accused of deliberately distorting of trading volumes. (source)
Coinmarketcap.com, one of the most popular sites for cryptocurrencies/exchanges market monitoring, will make several changes in its work, due to frequent complaints about unreliable trade data. Previously, the Crypto Exchange Ranks service, which extracts open source data from the APIs, accused Bitforex of providing false information about trading volumes, noticing that Coinmarketcap is also identified as accomplice in this process.
In its turn, service pointed that these charges only indicate the difficulty of providing accurate data. Specialists of the CMC refuse to call themselves "accomplices", again, revealing the reason for the complexity of accommodation data. Following this strategy, Coinmarketcap will bring several important changes to its work.
CMC will introduce new transparent indicators soon, such as 7-day and 30-day listing, as well as other metrics (to be confirmed in more detail later).
Tags: #Coinmarketcap #exchanges #listing #fraud #data #market
Who can be interested: users/market researchers
📌 Other updates – new projects, tokens and more
- Still don’t know? OKEx will add support for Cardano (ADA) cryptocurrency. OKEx is one more exchange where users can trade TOP-10 ADA among other platforms, including: Binance, Huobi, Bittrex, Upbit and others.
- QUOINE’s partners, Medicalchain, announced a Working Agreement with The Mayo Clinic.
- Justin Sun, TRON (TRX) founder himself, wins bid for TRON Super Representative. However, despite the possibility of such a vote, not all users of the community spoke out in favor of the main person of the project.
Know more interesting events/important updates? Please write a comment about it.
💱 Exchanges TOP
Binance $1.63B -> 17.53%
OKEx $1.12B -> 12.06%
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