Wells Fargo / Sesame Street / 100 Million / Apple

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (12:25 p.m. EST): $6,791.03 (0.53%) // 90-day high: $11,849.50 // 90-day low: $6,247.06/ / More… $BCH (12:25 p.m. EST): $917.69 (-0.71%) // 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (12:26 p.m. EST): $526.42 (0.51%) // 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (12:26 p.m. EST): $105.68 (0.06%) // 90-day high: $251.03 // 90-day low: $111.31 // More… $XRP (12:26 p.m. EST): $0.57 (0.63%) // 90-day high: $1.20 // 90-day low: $0.47 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Wells Fargo customers can no longer purchase bitcoin or other cryptocurrencies with one of the bank’s cards. A spokesperson for the bank confirmed the policy and added that Wells Fargo would “continue to evaluate the issue as the market evolves.” The bank said the ban is due to the volatility of cryptocurrencies, and is in line with the overall industry. Wells Fargo is a little behind competitors in banning bitcoin transactions. Bank of America, Citigroup, and JPMorgan Chase all banned cryptocurrency purchases on credit cards in February. –CBS NEWS       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. Today’s investment was brought to you by the letter B. Sesame Ventures, the investment arm of Sesame Workshop (yes, the puppet people), has invested in a blockchain company. The venture firm does not look to turn a profit but instead promote innovative approaches to children’s education. For its latest project, the firm invested in Kano, makers of a simple do-it-yourself computer and coding kit for kids. Kano also has an educational platform that teaches users how to build games, websites, and even blockchain. -GIZMODO       3. There is now more than 100 million ether in circulation. Ethereum has opted not to set an upper limit on its total coin supply, unlike bitcoin which is capped at 21 million. Ethereum co-founder Vitalik Buterin predicted in 2016 that the ether supply would not cross 100 million in the foreseeable future, but was obviously wrong in his predications. While some may cheer the milestone there is a fear in the ethereum community that if too many coins go into circulation the market could suffer massive inflation. –THE NEXT WEB       4. Apple has instituted some stricter policies for cryptocurrency-related apps sold in its App Store. The tech giant has banned applications that use the iPhone’s chipset to mine digital currencies, and are only allowed on the phone if used when performing cloud-based mining. The App Store will also now prohibit any application that offers cryptocurrency as a reward for completing tasks, such as downloading other applications or posting to social networks. –BITCOIN.COM       5. 94 of the top 100 blockchain projects have launched on top of the ethereum network, a researcher says. Kevin Rooke, a cryptocurrency researcher and YouTube personality said ethereum has more than 250,000 developers, a shockingly high number based on the relatively small cryptocurrency industry. That market dominance, though, may be beginning to change. In the past year, alternative blockchain protocols have emerged such as EOS, NEO, Cardano, and Qtum. -CCN       6. There are two ways to invest in bitcoin. There is the old-fashioned way of purchasing coins on an exchange, and now the option to buy futures contracts. This article looks at the pros and cons of both. -CNBC 7. Noted cryptocurrency bull John McAfee told his more than 826,000 Twitter followers not to worry about bitcoin’s price drop. “It is an overreaction to the news that Bitstamp, Coinbase, itBit, and Kraken are being investigated for price manipulation. This will delay the bull market by no more than 30 days. Don’t buy into the fear. Buy the coins.” –GLOBAL COIN REPORT 8. Don’t be fooled by bitcoin’s resurgence after hitting two-month lows this past weekend. Any price gains will be short lived, believes one analyst. -COINDESK 9. Litecoin is in danger of falling below $100 per coin. Litecoin eclipsed $100 per coin last December during the peak of the cryptocurrency boom but has largely followed bitcoin’s decline this year. The numbers, at least in the immediate future, do not project a resurgence. -INVESTOPEDIA 10. Wikipedia founder Jimmy Wales talked blockchain at a recent summit. The big takeaway: “You can’t ban blockchain,” he said. “It’s math.” –COIN TELEGRAPH       From the Forums The crypto experience on Twitter is somehow getting worse. Look at the median transaction fees of cryptocurrencies, not the average fee. A Paris sandwich shop will take bitcoin but not credit cards.       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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