Friday, July 20, 2018

Historic Week / $50,000 / EOS / Secret Service

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

$BTC (12:16 p.m. EST): $7,484.79 (0.91%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More

$BCH (12:16 p.m. EST): $791.25 (-3.51%) // 90-day high: $1,786.80// 90-day low: $608.37 // More

$ETH (12:16 p.m. EST): $460.10 (-2.14%) // 90-day high: $831.65 // 90-day low: $365.43 // More

$LTC (12:17 p.m. EST): $84.83 (-2.43%) // 90-day high: $251.03 // 90-day low: $73.12 // More

$XRP (12:17 p.m. EST): $0.45 (-4.28%) // 90-day high: $1.20 // 90-day low: $0.43 // More

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

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1. Bitcoin is poised to log seven consecutive positive days, something it has not done in over a year. The digital currency has had six consecutive winning days since July 14. A seventh would be the first time since June 6 of last year when bitcoin traded for less than $3,000 per coin. Analysts remain split on the recent price surge: Some see at as the beginning of a bull market, while others are more skeptical. -MARKETWATCH

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2. BitMEX CEO Arthur Hayes believes bitcoin will fall to $5,000 per coin before heading to $50,000 later this year. The price of bitcoin jumped nearly $800 in an hour on Wednesday. Hayes believes that jump coincides with a quick surge of investors entering around the same price levels. He said the coin could jump as high as $10,000 before crashing to $5,000 on the road to his year-end prediction. –COIN TELEGRAPH

BitMEX CEO expects bitcoin to dip to $5,000
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3. Bitcoin has a market dominance of 45 percent, its highest since early April. The digital currency has a market capitalization of $127.8 billion, a number that has jumped significantly in the last week. That increase, though, comes as altcoins have struggled. Ripple, stellar, and IOTA have all lost more than five percent of their value in the last week. Other coins like NEO, BNB and ICX have also suffered significant losses. –ETHEREUM WORLD NEWS

Bitcoin market dominance hits 45 percent
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4. EOS topped the most recent Chinese government rankings of blockchain networks. EOS held the top spot for the second consecutive month. This is the third report the Chinese government has issued that takes into account the backing technology, applicability, and innovation. Ethereum was ranked second while Nebulus was third. Bitcoin did not rank in the top 15. -CCN

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5. Blockchain, the United Kingdom company that manages 26 million digital wallets, has hired a former U.S. Secret Service agent to head security. George Sax will work as the company’s head of global security. He was in charge of the Secret Service’s Office of Investigations and also managed security for the 2016 U.S. presidential campaign. -BLOOMBERG

Blockchain hires for Secret Service agent to head security
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6. The developers behind Raiden have launched a new test network. The release features a minimal implementation of the scaling solution that will allow ethereum tokens to be traded on off-payment channels. Most importantly, this testnet will be the final one to test the technology before it goes live for everyday use. -COINDESK

7. The Brookings Institute, a non-profit think tank, has begun a series on blockchain development in China. The first two parts look at how private industry and the central government have fueled innovation. -BROOKINGS

8. In this video, CNBC looks at the recent bitcoin surge. More importantly, the report highlights what has changed in the cryptocurrency industry that may have supported this push. -CNBC

9. BitMart Token (BMX) has been listed on CoinMarketCap. The coin has a daily trading volume of more than $22 billion, making it a top 50 cryptocurrency. –ETHEREUM WORLD NEWS

10. Blockonomi has a beginner’s guide to ethereum. It’s helpful for those new to crypto or who want a refresher on the underlying technology. -BLOCKONOMI

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From the Forums

Samsung may start accepting bitcoin.

Italian university to register degrees on blockchain.

A litecoin license plate.

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