Asia Increase / BitMEX Record / Flexa / ThunderMessage

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (12:44 p.m. EST): $8,189.88 (0.76%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More… $BCH (12:44 p.m. EST): $830.82 (-0.05%) // 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (12:44 p.m. EST): $475.01 (1.06%) // 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (12:45 p.m. EST): $86.70 (0.28%) // 90-day high: $251.03 // 90-day low: $73.12 // More… $XRP (12:45 p.m. EST): $0.46 (-0.03%) // 90-day high: $1.20 // 90-day low: $0.43 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Two analysts believe bitcoin's recent spike comes from an increase in trading volume in Asia. Mati Greenspan of eToro and Clem Chambers of ADVFN argue that the trade standoff between the United States and China has turned investors to bitcoin. As the standoff threatens the value of Chinese and American currencies, Asian trades - especially in Japan and Korea - have increased investment in bitcoin as a hedge. -BITCOINIST       Free White Paper: The Innovator's Guide to Picking the Right Blockchain The first step in any blockchain project is to figure out which blockchain technology you should use. Get this free 20-page white paper to learn which type of blockchain is right for your project and get an unbiased analysis of the pros and cons of top blockchain platforms and frameworks. ​​​​​​​ For an ad-free experience, upgrade to Inside Premium       2. BitMEX surpassed 1 million bitcoin traded on its platform over a 24-hour period. The platform saw 1,041,748 bitcoin trade hands for a period closing on Tuesday. BitMEX claims this is an industry record. It also easily surpasses the company's own high point of about 800,000 bitcoin in one day. –BITCOINIST       3. Flexa, a new mobile payments app, has launched in closed beta. The app aims to allow users to pay for items with cryptocurrency in stores such as Starbucks and Nordstrom without using cryptographic keys. Flexa users would be able to use their phone for shopping, tapping the app for a flexcode to be used at a merchant's point-of-sale terminal. The application would not only manage the amount and the wallet address, but also convert the crypto payment at the current market rate. –ORACLE TIMES       4. ThunderMessage, a decentralized copy of Reddit, requires users to pay with bitcoin to vote on posts. The platform, built on the Lightning Network, charges one Satoshi (0.00000001 BTC) for each upvote or downvote. This allows users to use bitcoin to promote a post they really like (even their own) or crush a message they hate into the ground. –THE NEXT WEB       5. The government of Antigua will sell citizenship for 12 bitcoin. The country's parliament amended the Antigua and Barbuda Citizenship by Investment Program Act to allow for payment in bitcoin and other cryptocurrencies. The country sells citizenship for about USD $100,000, made as a contribution to the country's National Development Fund. Antigua wanted to accept bitcoin as a form of payment as a way to attract interested people from around the globe. -CCN       6. Hitachi and KDDI, a telecommunications provider, are testing a blockchain-based system that can settle retail payments using fingerprints. The system combines Hitachi's biometric verification system with KDDI's coupon platform. It would settle shoppers' coupon transactions over a distributed network with fingerprints serving as validators. Hitachi said the end goal is to create a system that can keep accurate coupon usage information updated across stores within the network simultaneously. -COINDESK 7. Ethereum's vision for applications continue to grow bolder. The platform has become the home for blockchain's most innovative apps, and developers continue to push the boundaries – even against the wishes of some in the community. -COINDESK 8. Bitcoin's price surge has been noticed on Wall Street. In particular, Wall Street firms want to continue to create products that could bring long-term stability to the coin. -BARRONS 9. BitGo plans to adopt "coin selection," a scaling technology touted as a way to lower fees. Coin selection more efficiently selects what coins go toward a particular transaction, potentially lowering fees if they increase to high levels again. –COINDESK 10. On any given day, up to two-thirds of bitcoin transactions have no economic value. The volume figures can be influenced by a number of factors, including miners reshuffling balances between accounts or mining pools disbursing coins to members. -BLOOMBERG       From the Forums r/Bitcoin hits an impressive milestone. Comparing Facebook and bitcoin. Sneak peek at a bitcoin cash ATM.

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