Hard Fork / Bitcoin Futures / Stablecoins / Lolli Investment

Subscribe | View in browser $BTC (1:14 p.m. EST): $5,565.67 (-4.06%) // 90-day high: $7,382.19 // 90-day low: $5,358.38 / / More… $BCH (1:14 p.m. EST): $415.67 (-4.83%) // 90-day high: $703.41// 90-day low: $414.76 // More… $ETH (1:15 p.m. EST): $177.42 (-3.57%) // 90-day high: $365.71 // 90-day low: $171.58 // More… $LTC (1:15 p.m. EST): $43.07 (-1.96%) // 90-day high: $74.80 // 90-day low: $43.07 // More… $XRP (1:15 p.m. EST): $0.46 (1.67%) // 90-day high: $0.61 // 90-day low: $0.26 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. The pending bitcoin cash hard fork has been blamed for the recent crash in cryptocurrency prices. Experts believe that the schism in the bitcoin cash community has created larger uncertainty in the market. While it is not immediately clear why bitcoin cash's struggles would have a negative impact on bitcoin – the coin hit a low for 2018 earlier this week – there tends to be a high correlation of drops in one major coin causing drops in others. –ARS TECHNICA       2. Bitcoin futures tumbled 13 percent on Wednesday, trigging the limit down level on the CME Group exchange. The futures drop came as the price of bitcoin and other major cryptocurrencies dropped substantially. The pause in trading came just before 2 p.m. Eastern Time where a two-minute observation was initiated. The futures contracts have a 20 percent hard limit, meaning they cannot trade below that level. –MARKET WATCH       A 6-week MIT Blockchain Course Be guided by MIT faculty as you learn to harness the power of blockchain technology to solve real-world business problems in your organization. ​​​​​​​       3. Stablecoins were the lone bright spots on Wednesday in what is being described as the worst crypto trading day of the year. Trueusd (TUSD) and paxos (PAX) were the two largest gainers – up both nearly 15 percent – as investors looked for a safe shelter from dropping process. The Gemini dollar (GUSD) also saw a solid increase in price. –BITCOIN.COM       4. Lolli, a bitcoin rewards program, has raised $2.25 million in seed funding. The money comes from Bain Capital Ventures and Digital Currency Group, among others. Lolli allows users to earn bitcoin when they shop at the company's more than 500 partner brands, including Hilton, Walmart, and Forever 21. The company claims that it will give users "up to 30 percent" of their purchase back in bitcoin. –COINDESK       Find out what motivates developers to contribute to open source and what barriers prevent others from doing the same.  Get the report.       5. A crypto hedge fund believes bitcoin's price drop this year has obscured the growing use of cryptocurrencies among consumers and investors. –FORBES 6. Coin-backed lending has become a popular way for bitcoin owners to get money without immediately selling their coins. –PYMNTS 7. Ripple has overtaken ethereum as the second most valuable cryptocurrency – at least temporarily. –ETHEREUM WORLD NEWS 8. A member of the European Central Bank's executive board called bitcoin "the evil spawn of the financial crisis." –FINANCIAL TIMES 9. A veteran blockchain advisor believes it is time to separate blockchain from bitcoin. –FORBES 10. 120,000 residents of Moscow use bitcoin, according to a survey from Yandex. –BITCOINIST       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).       Capitalize on the economic opportunities offered by blockchain technology with MIT Sloan.

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