Bitmain / Castbox / CryptoKitties Give Back / Bulgaria

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (1:09 p.m. EST): $6,794.71 (-0.85%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More… $BCH (1:10 p.m. EST): $746.45 (-3.53%) // 90-day high: $1,786.80// 90-day low: $608.37 // More… $ETH (1:10 p.m. EST): $483.38 (-2.71%) // 90-day high: $831.65 // 90-day low: $365.43 // More… $LTC (1:11 p.m. EST): $82.09 (-4.07%) // 90-day high: $251.03 // 90-day low: $73.12 // More… $XRP (1:11 p.m. EST): $0.47 (-2.52%) // 90-day high: $1.20 // 90-day low: $0.43 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. Bitmain recently completed its series B funding round, which values the cryptocurrency mining company at $12 billion. The round raised an additional $400 million for Bitmain, which may be planning its own IPO soon. This round included investments from Sequoia Capital, EDBI, and Coatue, among others. There is also speculation that Bitmain may try to acquire a controlling stake in Opera Ltd., makers of the popular Opera web browser. –ETHEREUM WORLD NEWS       Interested in reaching smart, sophisticated readers like yourself? Inside's newsletters have more than half a million highly-engaged, influential readers across industries. For the opportunity to tell your brand's story in a way that resonates with this outstanding readership, contact us today. For an ad-free experience, upgrade to Inside Premium       2. Podcast app Castbox has introduced a new blockchain-based platform to help content creators earn money off their shows. Called Contentbox, the app uses a micropayment plan, built on the blockchain, that allows customers to become “investors” in specific shows. “Castbox eliminates user friction and makes paid subscriptions easily accessible so publishers can generate more revenue and grow their following,” said CEO Renee Wang. –MY BROADBAND       3. A new paper from researchers at Imperial College London claims digital currencies are primed for mass adoption. The paper claims that bitcoin and other cryptocurrencies will continue to grow as mainstream payment options, peaking in the next decade. The paper also argues that cryptocurrencies currently act as a store of value, one of three fundamental roles of traditional money. The other two are acting as a medium of exchange, and acting as a unit of account. -FORBES       4. CryptoKitties are giving back to charity. CryptoKitties formed a partnership with ACTAI Global and Ocean Elders to create “Honu,” the world’s first “sea-loving CryptoKitty.” Honu will serve as an environmental ambassador for ocean and wildlife conservation. The part cat and part turtle is being auctioned off starting today through July 15 in a charity fundraiser at the Blockchain Summit in Morocco. -FORBES       5. The bitcoin network’s hashrate continues to grow. The current hashrate has surged to more than 40 EH/s despite several months of struggling bitcoin prices. The current hashrate is higher than the 2017 peak of 13 EH/s. These numbers will continue to hurt mining profitability as companies much continuously reinvestment in new technologies to remain competitive. -COINJOURNAL       6. The second largest bitcoin stash in the world is in … Bulgaria? Bulgarian authorities started collecting bitcoin while cracking down on illegal activities and have come across some of the largest seizures ever recorded. For example, last year the government captured more than 213,000 bitcoin, equivalent today to more than $1.5 billion. The only other wallet that size is owned by BitFinex, which has about 163,000 bitcoin. -CRYPTOVEST       7. Check out videos from TechCrunch Sessions: Blockchain. The event held in Zug, Switzerland brought together some of the crypto communities biggest names, and Tech Crunch has posted videos from every session for those that could not make it in person. –TECH CRUNCH 8. One theorist sees a scenario where bitcoin could reach $100 million per coin by 2030. That price could become a reality if bitcoin becomes a globally dominant currency, pushing out all other competitors. –BITCOIN.COM 9. Coin Central has a primer on litecoin cash. The cryptocurrency is a fork on litecoin that runs the SHA256 mining algorithm. –COIN CENTRAL 10. Hyundai has used the World Cup to promote blockchain. The company ran a blockchain advertisement during halftime of England’s game against Sweden, as it tries to educate a more global audience on the benefits of distributed ledgers. –NEWS BTC       From the Forums A truck promoting bitcoin cash. A JPMorgan report on ethereum. Geth 1.8.12 released.       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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