Google Searches / Ripple Donation / Montana / Bitcoin's 'Death'

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (12:35 p.m. EST): $7,589.38 (1.17%) 90-day high: $11,849.50// 90-day low: $6,247.06// More… $BCH (12:36 p.m. EST): $1,137.13 (3.17%) 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (12:36 p.m. EST): $607.39 (3.28%) 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (12:37 p.m. EST): $120.57 (1.02%) 90-day high: $251.03 // 90-day low: $111.31 // More… $XRP (12:37 p.m. EST): $0.67 (3.68%) 90-day high: $1.20 // 90-day low: $0.47 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Google searches for bitcoin have dropped 75 percent since the beginning of 2018. Datatrak Research’s Nicholas Colas links the decline in web searches to the coin’s price rates. In an email to his clients, Colas said bitcoin needs a new narrative in order to reestablish global attention. The number of new cryptocurrency wallets has also decreased. At the end of last year, the rate of new wallets grew at a monthly rate of 7.6 percent. That number is now at 3.7 percent. –COIN TELEGRAPH       Why isn’t the US a place to innovate? Crypto businesses are moving elsewhere - let’s change it! “Regulators cannot now and never will be able to protect investors from black-swan events.” The internet is the great equalizer with blockchain hubs springing up globally. David Siegel makes a case for change in the US in his article “Open letter to SEC”.  Read More >>> For an ad-free experience, upgrade to Inside Premium       2. Ripple plans to donate $50 million to universities to boost blockchain adoption. The company will give the money to 17 universities, including the University of North Carolina, MIT, and the University of Pennsylvania. The money will go to researching uses for blockchain technology in an effort to create high paying jobs. The donations will be given in traditional currency, not digital coins. -CNBC       3. Officials in Missoula County, Montana will soon meet to discuss possible restrictions on new cryptocurrency mining operations. The county has seen two commercial-scale mining operations move to the area with others interested in coming. The county commissioners want to hear from the public about rising concerns over noise, the amount of energy these operations use, and how that energy consumption could affect consumers. The commission has not decided what action to take, if any, but simply wants to hear from residents. -MISSOULIAN       4. Apple co-founder Steve Wozniak hopes bitcoin will emerge as the global currency of the internet. Wozniak’s comments mirror those of Twitter CEO Jack Dorsey, who made a similar statement last month. “I buy into what Jack Dorsey says, not that I necessarily believe it’s going to happen, but because I want it to be that way, that is so pure thinking,” Wozniak said. -FORTUNE       5. Bitcoin has “died” for the 300th time. The site 99Bitcoins maintains a “bitcoin obituary list” with articles claiming that the bitcoin movement is dead. The latest milestone came following an article from Forbes published on May 30 that argues bitcoin will not survive because of the huge amount of electricity required to mine the coin. Bitcoin has already “died” 62 times this year, according to stats from 99Bitcoins. –COIN TELEGRAPH       6. Litecoin feels risky, but one analyst argues the best strategy is to HODL. The writer argues that the third quarter of this year could bring a boom in litecoin prices thanks to the coin’s added utility as a currency, which will give it increased value over other digital coins. –STOCKS GAZETTE 7. Blockchain could greatly help the IRS. Blockchain could revolutionize how the IRS analyzes, exchanges, and stores data, greatly reducing the agency’s information technology costs. -FORBES 8. There are signs that the price of bitcoin has bottomed out, at least temporarily. An analyst argues that bitcoin has started the first of three signs that signal a price has bottomed out, providing hope for the future. –MARKET WATCH 9. Slovenia has created a shopping district known as BTC City. Just outside the capital of Ljubljana, the area includes 500 retail stores that all accept cryptocurrency. -COINGEEK 10. The Bitcoinmobile has hit the road. Bitcoin Argentina and Bitcoin Americana, two non-profit organizations based in Argentina, have customized a van with plans to travel throughout South America to educate residents on cryptocurrency. –COIN TELEGRAPH       From the Forums Every platform seems to be scaling exponentially except for bitcoin. A debate with a Bitcoin Core developer gets heated. There’s a new app in development that allows users to manage many cryptocurrency wallets at once.       Brains and Chains: the AI & Blockchain Conference Join us at the AI and Blockchain Conference to explore these two cutting-edge technological trends. Top minds in AI and Blockchain will discuss how they can be utilized to create opportunities for innovative solutions. (June 28th, New York City). Register today

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