🕑 5 min read
What did we collect for you today:
- Research: 15x crypto market growth, TOP-20 industries in blockchain in the next 10 years;
- Yearly low of Bitcoin: what’s happened to crypto?
- Coinbase opens new office in Portland/Coinbase supports new stable coin;
- Exchanges/listing/ICO news: new tokens, projects;
- And more information we want to share with you.
📌 Yearly low of Bitcoin: how this could happen? Trends & more (source)
After a small period of hope among a small number of investors, the community again observes the systematic fall of Bitcoin. After the new yearly low of $5,885.41 was registered, analysts have again turned to the causes and trends of the cryptocurrency market fall.
What does can be said now?
Exchanges hacks and insecurity
In fact, the insecurity of the cryptocurrency market from the loss of funds is still high, although it is lower in comparison with other [unregulated] alternatives. Hacks of large structures like Bithumb could affect the market's fall. But, as Charlie Lee said, “It’s like if a bank gets broken in and gold gets stolen, does this affect the price of gold?”.
Capital Gains Tax
Capital Gains Tax can also affect the market in the way like this. Here everything is different, for example, in Japan you can pay from 15 to 55% of the tax, however, this decision is proposed for cancellation, for a fixed tax of 20%.
The most advanced experts explain the fall by natural economic reasons, such as the elements of the “bubble” model in crypto, the ambiguity of state policy, and the decline of the local hype among investors.
Tags: #market #research #bitcoin #cryptocurrencies
Who can be interested: all investors
📌 Research: 15X crypto market growth over the next 10 years and TOP 20 blockchain industries in the future that will form it (source)
SharesPost, research company (market data/valuation tools) studied the outlook of the modern cryptocurrency market in several years. Experts have found that the various verticals of the crypto economics can increase its market cap of about $3 trillion in the foreseeable future. As the one of the main parts of this study, different "industries" of the blockchain are collected in “top”, which will be the most profitable in the future (will form these $3 trillion, or more, to be optimistic):
- 1st place - Blockchain infrastructure (mining, exchanges, wallets);
- 2nd place – Payments;
- 3rd place - Identity management (including fraud prevention).
This list have 20 items total, the others are still “discussable”. Pretty interesting, that healthcare system is target as 19-th place market-forming industry in the future blockchain. And Government IT will reach the 20-th position in list. This research isn’t focused on this subject only, and contains many understandable conclusions about the cryptocurrency market.
And what do you think, how the market changes in the next 5-10 years?
Tags: #cryptocurrency #forecast #research #market
Who can be interested: all investors/market researchers
📌 ‘Reserve’ cryptocurrency is backed by Coinbase and Peter Thiel (Paypal) (source)
Price instability is the one more thing because of which society can't accept it as a fiat. The last is also has such problems as volatility, or inflation (in relate to economics), as example. Reserve project, which is literaly named by its main goal, must bring stability to the cryptocurrency market, founders said. Reserve, as a stablecoin, is pegged 1:1 to the value of USD.
Reserve raised $5 million in the first round of funding.
What’s new in Reserve, and why it is promoted by Coinbase, and others? Stablecoins already exist on the market. Among others, the world’s popularity belongs to the Tether (USDT) project. TrueUSD (TUSD), as a well-known newcomer is also pretended to be a new stable cryptocurrency. Therefore, without additional information, it can be said that there is probably “something” in Reserve that made investors take the distribution of stable coins into their own hands.
Tags: #Reserve #stable #coins #projects #investment
Who can be interested: all investors/community
📌 ICO Calendar
Upcoming/ending ICOs in near future
ENDS
- BitScreener - our review: EN, RU, DarcMatter Coin (rated as 5/5), Globatalent, Safein – our review RU
📗 STARTS
- B0x, Sunx, Ludum, Safe Haven, DACC, BitSoftBay, Switcoin, Fair NinjaSparkster [rated as 4/5] will start on June 30, 2018.
↪️ Others is 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: $234 700 847 328
💵24h Vol: $11 938 298 097
📊 Prices TOP 29.06.2018
↗️↘️Bitcoin: $5 901,54
↗️↘️ETH: $413,20
↗️↘️XRP: $0,433002
↗️↘️BCH: $659,76
↗️↘️EOS: $7,35
↗️↘️LTC: $73,73
↗️↘️XLM: $0,175220
↗️↘️ADA: $0,117725
↗️↘️USDT: $0,999686
↗️↘️IOTA: $0,911630
♻️Exchanges
📌 Coinbase will set up a new office with 100 employees in Portland (U.S.) (source)
Coinbase, after the bull run in 2017, has a several problems since this moment, as its user base has grown in fast tempo over the past months. The decision to expand geography of the company does not seem surprising to the crypto community, considering that most part of users are located in the United States.
Coinbase also noticed, that “best-in-class talents” from the entire world work in cities like Portland, and there is a high opportunity for them to involve new specialists (as we can think). What, perhaps, this new center will offer not only service/support-solutions, but also engage in new projects.
Tags: #Coinbase #business #market #blockchain #US
Who can be interested: users, community of the Coinbase exchange
📌 Other updates – new projects, tokens and more
- From June 29, 2018 to July 7, 2018 – meet the TRX Binance competition. Special Prize: 2,000,000 TRX. Know more.
- New markets #TGAME/#BTC, TGAME/#ETH are now available on livecoin – check it.
- $KMD (KomodoPlatform) is supported by ChangeNOW exchange – do not miss.
Know more interesting events/important updates? Please write a comment about it.
💱 Exchanges TOP
Binance $1.30B -> 20.61%
OKEx $839.91M -> 13.32%
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