Tuesday, July 24, 2018

$8,000 / Libertarian Party / Bitcoin Stocks / Honeyminer

Subscribe | View in browser

Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms:

$BTC (1:30 p.m. EST): $8,214.46 (6.30%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More

$BCH (1:30 p.m. EST): $855.98 (7.56%) // 90-day high: $1,786.80// 90-day low: $608.37 // More

$ETH (1:31 p.m. EST): $474.05 (3.48%) // 90-day high: $831.65 // 90-day low: $365.43 // More

$LTC (1:31 p.m. EST): $87.80 (4.48%) // 90-day high: $251.03 // 90-day low: $73.12 // More

$XRP (1:31 p.m. EST): $0.45 (1.90%) // 90-day high: $1.20 // 90-day low: $0.43 // More

Here are the 10 most important stories about bitcoin and cryptocurrencies today

Facebook gray   Twitter gray   Email gray   Permalink gray

1. Bitcoin surpassed $8,000 per coin. The cryptocurrency has gained 20 percent in just under a week, hitting a price it has not seen since mid-May. At the same time, bitcoin's market dominance has risen to over 47 percent, its highest percentage since December. There is no single reason for bitcoin's surge, although experts contribute the rise to a series of positive stories surrounding the cryptocurrency in recent weeks. -BITCOINIST

Facebook gray   Twitter gray   Email gray   Permalink gray

2. Wisconsin's Libertarian Party will accept bitcoin donations to fund political campaigns. The decision comes after the state's Ethics Commission said "allowing cryptocurrency donations presents a serious challenge to the commission's ability to ensure compliance with state law." Phil Anderson, the head of the state's Libertarian Party and the party's candidate for governor, said the party will push back if the Ethics Commission files a complaint of any kind. –COIN TELEGRAPH

Wisconsin libertarian party to begin accepting bitcoin
Facebook gray   Twitter gray   Email gray   Permalink gray

3. The stocks of bitcoin-related companies have seen a boost in recent weeks. As the price of bitcoin has surged above $8,000 per coin, so have the stock prices of cryptocurrency-related firms. For example, Marathon Patent Group, which operates a mining facility in Quebec, has seen a nearly 30 percent stock increase. The same can be said for Riot Blockchain, which saw its stock surge more than 40 percent. -BLOOMBERG

Facebook gray   Twitter gray   Email gray   Permalink gray

4. Honeyminer, a New Jersey-based startup, has launched a free cryptocurrency mining software for Windows users. The service launched in beta last month. It allows users to take part in a dynamic mining pool by running the app when the computer's graphics processing unit is not being used. The pool focuses on mining cryptos like ethereum, ethereum cash, and zcash. -COINDESK

Startup launches free mining software
Facebook gray   Twitter gray   Email gray   Permalink gray

5. There is growing concern that HTC's blockchain-enabled phone, the Exodus, will not be enough to revive the company's struggling mobile business. Once a major mobile provider, HTC now has only 0.2 percent market share. The Exodus, which will be released later this year, will use blockchain, have a universal wallet to store digital coins, and support major cryptos like bitcoin and ether. Critics, though, do not think the phone will appeal to a large enough numbers of users and that HTC is simply jumping on a bandwagon out of desperation. -CNBC

Analysts worried about HTC Exodus plan
Facebook gray   Twitter gray   Email gray   Permalink gray

6. A pharmaceutical scandal in China has caught the attention of the cryptocurrency community. China's State Drug Administration revealed that a company, Changsheng Biotechnology, falsified aspects of its rabies production data. The Chinese cryptocurrency community has gone to social media to push for blockchain adoption in the pharmaceutical industry. The goal would be to create a blockchain system to track every step of a vaccine's production and distribution. -COINDESK

7. Jon Montroll, the operator of WeExchange and BitFunder, pled guilty to lying about a cryptocurrency hack. Montroll faces as many as 20 years in prison. -BLOOMBERG

8. Games that mimic a Ponzi scheme have become popular on ethereum. The second and third most popular games currently on the ethereum network reward users that can get more users to join, allowing them to benefit from their recruit's success. -COINDESK

9. Litecoin founder Charlie Lee said he wants to push his coin above $400. The promise came following a Twitter discussion with users that demeaned the currency's price drop this year. –ETHEREUM WORLD NEWS

10. The US Securities and Exchange Commission (SEC) will not make a decision on five bitcoin-related ETFs until September. The SEC said it will make a decision – one way or another – by September 21. -COINDESK

Facebook gray   Twitter gray   Email gray   Permalink gray

From the Forums

Bitcoin price range similar to last year.

There is a way to spend ethereum on Amazon.

Roger Ver honored.

Facebook gray   Twitter gray   Email gray   Permalink gray
Copyright © 2018 Inside.com, All rights reserved.

Our mailing address is:
Inside.com
767 Bryant St. #203
San Francisco, CA 94107



Did someone forward this email to you? Head over to inside.com to get your very own free subscription!

You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.