Trying something new with the structure. Please let me know your thoughts and I'll try to incorporate any suggestions.
Bitcoin
Bitcoin Volatility Reaches Fee Estimates As Prices Stay High (The Cointelegraph)
Volatility is not just affecting Bitcoin’s price itself; it is also hitting Bitcoin fee estimates as transactions continue to be slow and expensive. Data added to Twitter by BitGo engineer Jameson Lopp shows a giant increase in spreads of BitGo’s estimated most appropriate fee level for a Bitcoin transaction since the end of May.
The action contrasts markedly with previous data, which on a graph produces almost entirely flat lines.
The life of a cryptocurrency investor:
Bitcoin Is Helping the Pot Business Get Over Its Banking Problem (Bloomberg)
“There’s no industry -- whether it’s the production and sale of cannabis or the production and sale of a cup of coffee -- that can operate safely, transparently or effectively without access to banks or other financial institutions and traditional services.” - Jon Baugher, co-founder of POSaBIT
Altcoins
Swiss Crypto Fund Will Focus on XRP, Ethereum, and Bitcoin (Live Bitcoin News)
It is evident there is a growing demand by qualified investors for a regulated gateway to cryptocurrencies. Rather than going the ETF route, a Crypto Fund makes a lot more sense. It uses the Swiss fund structure according to KAG. All involved parties at the top are legally separated from one another. It will be quite interesting to see how this venture plays out in the coming years. The world of cryptocurrency and assets allows for good profits when diversifying wisely.
Blockchain
Delaware Blockchain Stock Bill Advances Ahead of Major Deadline (Coindesk)
Delaware is one step closer to legally recognizing blockchain-based stocks. Lawmakers in the state introduced a bill in May to make stock registries and other kinds of business records legal if they are held on a distributed ledger system or blockchain. The effort began last year as part of a bid to reduce the amount of paperwork required to form a business in Delaware, where many corporations are registered in the US.
Europe's Executive Arm Launches New Blockchain Study Group (Coindesk)
The European Commission (EC) is launching a new blockchain research project focused on non-financial applications of the technology …The goal, according to a recent blog post announcing the project, is to "identify, discuss and communicate" areas in which the existing and emerging applications of blockchain and DLT can transform EU industrial businesses, effectively acting like a kind of study group.
United Nations Sends Aid to 10,000 Syrian Refugees Using Ethereum Blockchain (Coindesk)
“All funds received by the refuges from WFP were specifically used to purchase food items such as olive oil, pasta and lentils.” – Alexandra Alden
“The plan is to expand the project pilot firstly across Jordan, but we are also evaluating use cases and potential applications in other regions.” – Alexandra Alden
Regulation
Hong Kong and Australia's Securities Regulators Strike FinTech Agreement (Coindesk)
"The agreement provides a framework for information sharing between the two regulators. This will enable ASIC to keep abreast of regulatory and relevant economic or commercial developments in Hong Kong and to use this to inform Australia's regulatory approach."
