Wednesday, June 6, 2018

📰 CoinSheet - June 6, 2018 📰

June 6, 2018
The problem with people is that they're only human.
-Bill Watterson

CoinSheet #203

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COIN BULLETIN

Coinbase announces it is coming to Japan

Coinbase announces Japan will now get to experience the worst customer service in their entire life.

Just kiddin' !

What's interesting here is that the trend has been exchanges leaving Japan (i.e., Kraken, Binance).

Perhaps this is because Japan isn't very cool with privacy coins (XMR, ZEC, DASH) and those exchanges couldn't operate profitably without support from Japan's regulatory body.

Coinbase currently doesn't have these. But will it? Probably (since everyone is on the Zcash train). 

Anyways, you can read this announcement here.

SEC Appoints New Crypto Chief

Looks like his official title is "Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation for Division Director Bill Hinman."

As a redditor pointed out, good luck introducing yourself at parties.

You can read more about this here.

Shitcoin Challenge: Day 31 (Coming soon)

What else is going on...

  1. Japan's GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs
  2. Ethical hacker finds 12 dangerous bugs in EOS code, earns $120.000 in a week
  3. Microsoft to buy GitHub
  4. Twitch Streaming App Streamlabs Adds Support for Cryptocurrency Tipping
THINGS I LIKE

So You Want to Work in Crypto

Some practical advice and resources from Meltem Demirors.

You can read her article here.
MARKET SENTIMENT

Top 5 Winners

Top 5 Losers

Technicals

Bitcoin

It looks like Bitcoin is breaking out of this downward channel.
When we look at Bitcoin on a linear scale, it's just coasting on the bottom of that macro trend line.
ANNOUNCEMENTS
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