Price Drop / Tron's Big Month / Augur Winner / Howard Schultz

Subscribe | View in browser $BTC (1:28 p.m. EST): $3,462.34 (-3.69%) // 90-day high: $6,860.85 // 90-day low: $3,286.14 / / More… $BCH ABC (1:28 p.m. EST): $110.71 (-10.68%) // 90-day high: $632.22// 90-day low: $80.95 // More… $ETH (1:28 p.m. EST): $105.60 (-8.60%) // 90-day high: $229.12 // 90-day low: $85.11 // More… $LTC (1:29 p.m. EST): $30.88 (6.29%) // 90-day high: $54.64 // 90-day low: $22.09 // More… $XRP (1:29 p.m. EST): $0.29 (-6.51%) // 90-day high: $0.53 // 90-day low: $0.28 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. The price of bitcoin dipped below $3,500 early Monday as the wider cryptocurrency market saw losses across the board. Bitcoin had seen a month of relative stability but this morning's drop saw it reach its lowest price since mid-December. At least at this time there does not appear to be any single event that triggered the losses. Analysts, though, including veteran forecaster Tone Vays, had believed another crypto downturn could be coming for a few weeks. The altcoin market took the brunt of Monday's losses, losing about 10 percent, with ethereum and bitcoin cash being hit the hardest. –COIN TELEGRAPH       2. The price of Tron has increased 134 percent in the past month, although the coin still remains 89 percent short of its all-time high. Tron's price has grown from $0.0129 on December 15 to $0.0303, before taking a major hit today. Analysts credit Tron head Justin Sun for allocating large amounts of capital in financing decentralized applications that have had a positive impact on the short-time price. The price increase has coincided with an increase in use of the Tron blockchain protocol for DApps. –CCN       Ad Build Proficiency with IoT while Exploring Azure IoT Tools and Technologies Developing applications for the Internet of Things is a balancing act. From avoiding business interruptions to factoring in security, there's a lot to consider. Find the resources you need to work through technical challenges in one, convenient place.   3. A mysterious gamer has made more than $100,000 on the Augur prediction platform, about half of all the profits seen so far. The user has accumulated about 856 ETH, nearly 700 more than the next closest player. Augur allows users to create betting markets on any topic they like with users able to trade bets before the bet officially ends. So far, Augur users have claimed about $200,000 in profits. Kevin Rooke, who first tweeted about the player (who goes by a 40-character name combined of letters and numbers), has promised to dive more into the type of bets the player has made. Makes you wonder if this player has some insights for Sunday's Super Bowl. –BITCOIN EXCHANGE GuIDE       4. Former Starbucks CEO Howard Schultz announced plans to run for President in 2020. Schultz has a mixed history for cryptocurrencies: He has criticized bitcoin in the past, but said early last year that he believes blockchain has a number of potential users. It is Starbucks, after all, that is working with the Intercontinental Exchange on Bakkt, an upcoming bitcoin futures exchange. As part of the program, Starbucks will help develop "practical" applications to convert digital assets into traditional currency at the point of sale. –COINDESK       Ad How is AI changing the way professionals work across industries? Find out from WIRED and Watson experts at the AI & Future Of Work Virtual Summit Join this digital event to hear how AI is increasing productivity and allowing workers to focus on higher value tasks. Learn how you can harness AI to help your teams recognize opportunities you may not even know to look for! Register for the AI & Future of Work Virtual Summit today! 5. Anya Nova, an economist at Power Ledger, argues that cryptocurrency has potential to transform society through the tokenization of $278 trillion in assets (or basically every asset in the world). –CRYPTO VIBES 6. There is some speculation that VanEck pulled its bitcoin ETF proposal over fears it would get rejected, and the government shut down made for a good reason. –NEWS BTC 7. The folks at Bitcoinist have put together a handy guide of all the bitcoin apps equipped with the Lightning Network that people can use right now. –PART 1, PART 2 8. Only 11 percent of 300 advertising agencies surveyed have used blockchain. There is an argument, though, that more should adopt the technology as it could serve as a valuable tool in fighting ad fraud. –EMARKETER 9. The idea of sharding can be incredibly complicated (and fun to say). Comupter World tries to break down the concept, which has been floated as a way to scale the etherem blockchain, in layman's terms. –COMPUTER WORLD 10. There are rumors that the Indian government will soon release a regulatory framework for cryptocurrencies. –BITCOIN.COM       Does today's bitcoin price drop below $3,500 worry you or is it just another crypto swing? Let our crypto writer @davidstegon know your thoughts. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), 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.

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