LedgerX Index / $1.7 Billion Lost / Malware / Bakkt

Subscribe | View in browser $BTC (1:28 p.m. EST): $3,671.84 (-1.14%) // 90-day high: $6,860.85 // 90-day low: $3,286.14 / / More… $BCH ABC (1:28 p.m. EST): $130.01 (-3.18%) // 90-day high: $632.22// 90-day low: $80.95 // More… $ETH (1:29 p.m. EST): $127.56 (-1.61%) // 90-day high: $229.12 // 90-day low: $85.11 // More… $LTC (1:29 p.m. EST): $32.25 (-0.76%) // 90-day high: $54.64 // 90-day low: $22.09 // More… $XRP (1:29 p.m. EST): $0.32 (-1.88%) // 90-day high: $0.53 // 90-day low: $0.28 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. LedgerX has created an index to track bitcoin's volatility. Called the LedgerX Volatility Index (LXVX), the tool will provide a gauge for investors to help better inform their trading decisions. LXVX will draw its data from LedgerX's option marketplace, CEO Paul Chou said. The index will show how much bitcoin can move to the upside or downside over the next month, showing the degree to which a trader could lose or gain on their crypto bet. While bitcoin has had periods of stability in the past six months, it is still three times as volatile as stocks. –THE BLOCK CRYPTO       2. Americans lost $1.7 billion on bitcoin last year, according to Credit Karma. While the losses are not surprising as the price of bitcoin fell throughout the year, there may be a bright spot. Some of those crypto losses can be counted against their taxes. "Even though those who sold their bitcoin at a loss can typically claim a tax deduction we found that before taking our survey, 61% of respondents who lost money on bitcoin didn't actually realize they could get a tax deduction for bitcoin losses," said Jagjit Chawla, general manager of tax at Credit Karma. –MARKET WATCH       Ad Meet the Future of Healthy Living: Handpicked, High-Quality, and Delivered to Your Door Why join the Thrive Market movement? Because healthy living should be easy and affordable. A Thrive Market membership gets you the best organic, non-GMO brands at a significant discount―all delivered right to your door. That means you'll support a sustainable, healthier future with every purchase. Get an extra 25% off your first order! Belong to a Better Market   3. A new piece of malware has targeted cryptocurrency users. Posing as a movie via The Pirate Bay torrent tracker, the virus can trigger a chain of activities on a users computer, such as injecting content from attacker into search engines and, more importantly, cryptocurrency exchanges. If infected, the virus would change the address of a cryptocurrency transaction, sending funds to one of their own accounts. –BLEEPING COMPUTER       4. Bakkt has acquired Rosenthal Collins Group, a century-old futures commissions merchant. The company specializes in managing commodities accounts for investors and institutions. With the acquisition, Bakkt is essentially buying RCG's back office technology as it stands up its own platform. Those technologies include compliance and treasury services, along with risk management. Bakkt will also take on some of RCG's employees. –FORTUNE       Ad Intelligence is creating stronger connections. Today's world generates 2.5 quintillion bytes of data every day. Sifting through that much available information is hard. Micron is helping analyze that data to create stronger connections between AI, organizations, and most importantly, people.​​ Learn More. 5. Hackers took control of the South African national cricket team's Twitter account and offered a fake bitcoin lottery to its more than 1 million followers. –CCN 6. A Twitch streamer received a donation of 20.49 bitcoin (worth about $73,000 at the time) during a session of RuneScape. –CCN 7. Here is how to watch ethereum's fork as it happens. –COINDESK 8. The reward for mining litecoin is expected to drop this coming August. –BITCOIN EXCHANGE GUIDE 9. Chronicled, a software company that provides tools for enterprises to build blockchain-powered supply chains, has raised $16 million in Series A funding. –FORBES 10. An analyst argues that bitcoin will bottom out at $1,700. –ETHEREUM WORLD NEWS       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).       Ad Owl Labs is the creator of the Meeting Owl, the first 360-degree smart conference camera. Learn more.

We're Hiring! Learn more. | Sponsorship opportunities Copyright © 2019 Inside.com, All rights reserved. Our mailing address is: Inside.com 767 Bryant St. #203 San Francisco, CA 94107 Did someone forward this email to you? Head over to inside.com to get your very own free subscription! You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.