Monday, July 30, 2018

A Look at XRP Markets in Q2

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July 30th, 2018

A Look at XRP Markets in Q2

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NEWS

Q2 2018 XRP Markets Report

In Q2 Ripple sold $73.53 million in XRP amidst low volatility. Three billion XRP was released out of cryptographic escrow and 2.7 billion XRP was returned to escrow. Read more insights on the XRP market from Q2 in the report.

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FEATURES

Ripple's List of Summer Must-Reads

The importance of deploying blockchain for real use cases requires a deeper knowledge of the history of the technology itself and economic know how to get the job done. With this in mind, Ripple recommends three books for your summer reading list.

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NEWS

Fox Business: Bitcoin Is Slow for Moving Money

Ripple's Chief Market Strategist Cory Johnson spoke with Fox Business about the future of blockchain and digital assets like Bitcoin and XRP.

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Ripple is at SYNC 2018 this week in Mountain View, California.

2% / IBM / Charlie Lee / Real Estate

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

$BTC (1:34 p.m. EST): $8,095.88 (-1.19%) // 90-day high: $9,927.71 // 90-day low: $5,755.25/ / More

$BCH (1:34 p.m. EST): $803.61 (-2.56%) // 90-day high: $1,786.80// 90-day low: $608.37 // More

$ETH (1:34 p.m. EST): $453.92 (-2.42%) // 90-day high: $831.65 // 90-day low: $365.43 // More

$LTC (1:35 p.m. EST): $82.44 (-1.82%) // 90-day high: $251.03 // 90-day low: $73.12 // More

$XRP (1:35 p.m. EST): $0.44 (-1.94%) // 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. Only two percent of investors in the United States own bitcoin but 26 percent are interested in the digital coin. A survey from Wells Fargo and Gallup found that of investors with more than $10,000 in stocks, bonds or mutual funds, 72 percent said they "have no interest in ever buying bitcoin." Even though 96 percent of investors had heard of bitcoin, 67 percent said they did not know much about how digital currencies work. –COIN TELEGRAPH

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2. IBM has launched a blockchain platform aimed at the financial services industry. The company partnered with CLS, a foreign exchange market infrastructure firm, to create the platform, called LedgerConnect. The tool aims to apply blockchain technology to a number of key areas, including know-your-customer processes, sanctions screening, collateral management, derivatives post-trade processing and reconciliation. -CNBC

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3. Litecoin founder Charlie Lee has been working as an advisor for HTC's Exodus smartphone. The Exodus is aimed at cryptocurrency users, and will use the blockchain and decentralized applications to improve security. The device will also run the Lightning Network natively. Lee said he met with the company last week. –CRYPTOCOIN SPY

Lee to work with HTC on Exodus development
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4. Mount Sinai Hospital in New York has launched a new blockchain research center. It will be housed inside the Icahn School of Medicine and will focus on how blockchain can improve healthcare. The hospital will also create its own prototype blockchain network with a focus on preventing the sale of counterfeit drugs, clinical trials and better research reproducibility. –COINDESK

Mount Sinai Hospital to research blockchain
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5. The first blockchain-only real estate deal in the United States was recently completed. The sale was done through a platform developed by Palo Alto-based Propy. The system records information of the sale, including the purchase agreement, payments, and other important information, on the ethereum blockchain. The deal was for the sale of 10 acres of land just north of Los Angeles. –THE REAL DEAL

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6. Galaxy Digital, the merchant bank started by noted investor Mike Novogratz, will begin trading Wednesday on the Toronto Stock Exchange. Novogratz originally planned for Galaxy to debut in January, but regulatory hurdles slowed down the project's launch. While the platform will first launch in Canada, Novogratz wants to take it worldwide. "We want to be globally traded," he said. -BITCOINIST

Galaxy Digital plans launch on Wednesday
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7. Ethereum celebrates its third birthday today. Bitcoin Exchange Guide looks at the history of ethereum and provides a timeline of major milestones over the past three years. –BITCOIN EXCHANGE GUIDE

8. Investor Matthew Roszak gave Kim Kardashian her first bitcoin this past weekend at a celebrity poker tournament. Roszak posted a picture of himself with Kardashian holding a bitcoin wallet. -BITCOINIST

9. Hedge fund manager Mark Yusko said bitcoin could hit $500,000 per coin by 2024. Yusko believes bitcoin will see such incredible growth because of the network effect, a theory that a communications network becomes more valuable as it on boards more users. -CCN

10. The head of a Russian payments company started mining bitcoin after learning an employee used company resources without his knowledge. The employee mined 500,000 bitcoins, starting in 2011. Instead of getting mad, the CEO followed suit. -CCN

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Written and Curated by David Stegon. David likes wrestling, PlayStation, and his dog. Oh yeah, his kids too (when they aren't trying to kill each other). He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon.

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