Wednesday, September 4, 2019

📌 Crypto Summer Recap, Binance X, and Don't Make These Mistakes

MUST READS

VanEck, SolidX to Offer Bitcoin ETF-Like Product to Institutions

Investment firms Van Eck and SolidX, two firms behind a Bitcoin ETF proposal currently before the SEC, have given up waiting on the SEC to authorize their Bitcoin ETF. They are now moving ahead with an alternate solution...

Don't Make These Five Common Mistakes

Time for a refresher. Here are 5 common misconceptions about blockchain and cryptocurrencies.

Cheat Sheet:

No such thing as "the" blockchain
Blockchains aren't magic
Public blockchains need cryptocurrency to work
Cryptocurrency is not unregulated
Cryptocurrency works like gold, not dollars

"Binance X": Binance Launches Platform for Developers

Binance, the world's largest cryptocurrency exchange by trading volumes, has rolled out yet another offering. This time, a platform for developers, called "Binance X," with the ultimate goal of boosting the mass adoption of cryptocurrencies.

Collect Your Share of $500 Billion in "Cannabis Checks"

Thanks to a "loophole" in Section 10113 of the Farm Bill... Americans can collect a piece from all pharmaceutical, beverage, and hemp products sold in America.

All you need to do is follow a few simple steps…

DEEP DIVE

☀️ Summer 2019: What We've Learned

As we enter the Fall Season, Nathaniel Whittmore and a handful of other crypto experts took it upon themselves to recap the previous 3 months on all things crypto...

The answers (along with some helpful discussion) to the following questions are in this mega-informative thread:

1. What did we learn this Summer?

2. Predictions for the Fall?

3. What's one thing we should be talking about more?

...and of course, some BTC price predictions for the end of the year.

Bitcoin & Macroeconomic Uncertainty

Is Bitcoin actually an uncorrelated asset?

Galaxy Digital has the answer. They just released a research report looking into the correlation of bitcoin vs. equities, fixed income, commodities, and major news events. Here are their findings...

Earn $23,500 in 45 Minutes?

It's not stocks… Not bonds… And not real estate… Yet, for a few lucky readers, this type of simple source of income could send you real, hold-in-your-hand paychecks for the rest of your life.

REGULATORY FRONT

🇨🇳 First Look: China's Central Bank Digital Currency

Binance Research just published a report overviewing China's Central Bank Digital Currency (CBDC). In the big picture, this seems like China's direct response to Facebook's Libra... and we can expect China to be far more aggressive in regards to distribution and creation.

Crypto Banking Regulation Around the World, First Signs of Growth

It's not too surprising that more and more cryptocurrency banks are springing up, offering an alternative to tired legacy systems and allowing room for an emerging asset class.

However, there are still some significant hurdles for these emerging institutions. Here's a closer look.