Bitcoin millionaires / PBoC CBDC / OneCoin scam victim

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Presented by Subscribe | View in browser Market Watch: Market prices remain unmoved during Tuesday trading, with Bitcoin appearing to be stuck within the $8,000 mark. Bitcoin: $8,290 (⬇️ 0.30%) // $149.1 billion market cap. Ethereum: $183 (⬇️ 0.24%) // $19.8 billion market cap. XRP: $0.290 (⬆️ 0.11%) // $12.5 billion market cap. Tether: $1 (⬇️ 0.04%) // $4.1 billion market cap. Bitcoin Cash: $225 (⬇️ 0.60%) // $4.06 billion market cap. Top 100 Winner: GXChain: $0.549 (⬆️ 19.08%) // $35 million market cap. Top 100 Loser: Centrality: $0.099 (⬇️ 15.99%) // $80 million market cap. Prices are as of 12:47 p.m. EDT.       1. Bitcoin statistician Willy Woo has uploaded new data that suggests the number of Bitcoin millionaires is growing at a rate similar to the asset's early years. Taking to Twitter, Woo posted a diagram that showed the rate of growth with addresses containing 1,000 Bitcoin. According to him, this rise is likely due to high net worth investors whereas during the early days it was the "tech savvy who were bootstrapping the network." –@woonomic       2. The Oxford English Dictionary has officially added the word "Satoshi" to its database. The decision to add the word was announced during a quarterly update. The addition of Satoshi follows the inclusion of Bitcoin in 2014 and cryptocurrency, which was added in the last update. The definition of Satoshi is "the smallest monetary unit in the Bitcoin digital payment system, equal to one hundred millionth of a bitcoin." –OXFORD ENGLISH DICTIONARY Why It Matters: It demonstrates that as the crypto market continues to gain mainstream interest, it's becoming difficult to ignore and that more people will want to know more about it. Bitcoin bulls also argue that mainstream attention can lead to a price increase, so any attention is good attention.       A MESSAGE FROM KEEPS Get 50% off hair loss treatments that actually work. Bad news: 2 out of 3 guys start losing hair by 35. Good news: Keeps makes it easy and affordable to keep (and even regrow) your hair. Get hair loss treatments that work delivered to your door for less than $1/day. The sooner you take action, the more hair you'll keep. Get 50% off your first 3 months 3. A Chinese central bank digital currency (CBDC) would give the People's Bank of China (PBoC) "greater insight" into the country's transactions. That's according to analysts at Beijing-based research firm Trivium China. Stanislas Pogorzelski, editor-in-chief of the specialist site Cryptonaute.fr., further noted that the purpose of the centralized coin is to "replace cash," which is the "last bastion of privacy." Others think it's an opportunity for China's central bank to collect new information that would be impossible with cash transactions. –THE STRAITS TIMES       4. Jen McAdam, a victim of OneCoin, a suspected crypto scam, has reportedly received death threats for speaking out about what happened. McAdam is estimated to be one of 70,000 people who bought packages from OneCoin but have been unable to trade or fully cash in their stake. According to the 49-year-old woman, she has received threatening messages mainly through Facebook. She claims they are coordinated attacks by OneCoin supporters and has reported them to Police Scotland. McAdam invested over $10,000 of her own money and convinced family and friends to part with $281,000 before realizing she wasn't going to see that money again. –BBC       5. Bitcoin investor Tim Draper had said that crypto and other technologies will change how governments function. In a Medium post, he wrote that we are no longer at the "mercy of dictators and toll trolls." He also accused those of dismissing Bitcoin as trying to hold on to tribalism, arguing that it "is dying." –MEDIUM       6. Blockchain security firm CipherTrace has increased its crypto platform to 700 tokens. CipherTrace now lets users trace 87 percent of the transactional volume of the top 100 coins. CipherTrace CEO Dave Jevans said that the expansion will help to create a "multi-trillion-dollar global crypto economy." The company has also included the tracing of ERC-20 tokens. –COIN TELEGRAPH       7. Blockchain education platform Longhash has found that the most common cause of crypto projects failing is "death by abandonment." Looking at 700 crowd-sourced projects over an eight-year period, this accounted for 63.1 percent of failed initiatives. These death-by-abandonment coins also had a lifespan of around 1.6 years, according to Longhash. –LONGHASH       8. Grayscale Investments has noted that crypto investment in the third quarter was up by 300 percent. The company said that during Q3, the investment amounted to $254.9 million, up from $85 million in the previous quarter. Grayscale's managing director Michael Sonnenshein noted this was down to professional investors deciding to mix up their portfolios. – FORTUNE       9. Crypto exchange Coinfield is making stocks such as Apple and Tesla tradable on the XRP ledger. Coinfield's CEO Bob Ras has said that stocks and ETFs from 25 global stock exchanges and fiat-backed stablecoins will be available to trade on Ripple's ledger from next year. This will be made possible by a new service called Sologenic. Users will have access to more than 30,000 stocks and ETFs. –DECRYPT       10. Anthony Pompliano, co-founder of Morgan Creek, has said that it's better for retail crypto investors to HODL. He went on to say that unlike professional traders who know how to get in and out of the market it's not advisable for retail traders. In his opinion, it would be better if most investors lost their account passwords. –FXSTREET       This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter. Editor: David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).       Ad Stop your hair loss before it's too late. Get 50% off your first 3 months of Keeps today.

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Thiel's new investment

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October 15, 2019 FUTURES GROWTH: CME Group, the Chicago-based exchange operator, said its bitcoin futures contracts grew in popularity with institutional investors last quarter, with the number of open contracts up 61 percent year to year. Despite bitcoin's 25 percent drop in price this quarter, the volume of CME contracts fell just 1 percent from Q2 levels. Full story TO THE MOON? Is the next programmed reduction of the miners’ rewards – or halving – going to send bitcoin’s price skyrocketing? It depends who you ask. At the recent World Digital Mining Summit in Frankfurt, Jihan Wu, co-founder and ex-CEO of Bitmain, said any gains might already be baked in to the price. But Matthew Roszak, chairman of the blockchain software company Bloq, expected the price to reach “somewhere between $15,000 and $100,000,” and for the halving to kick off “a decade-plus of rising.” Full story GETTING REAL: Twenty-one organizations – including crypto companies Coinbase and Xapo – have signed the Libra Association charter, days after a slew of high-profile defections from the Facebook-led cryptocurrency project. Following a meeting in Geneva, Switzerland, the Libra Association also named its board of directors and formalized the consortium’s executive team. Facebook remains a key player in the project with Calibra CEO and former Facebook blockchain lead David Marcus taking a seat on the five-person board. Full story RENEWABLES APPEAL: Layer1, a crypto startup bringing wind-powered bitcoin mining rigs to West Texas, raised $30 million from investors including Peter Thiel. CEO Alexander Liegl said bitcoin is not likely to crowd out other uses for clean energy reflects a misunderstanding of the market: “Renewable energy is still primarily under-utilized so you don’t actually have a zero-sum game,” he said. Full story BINANCE ETP: Binance’s native cryptocurrency will serve as the underlying asset to a new exchange traded product (ETP). The crypto exchange said it has partnered with fintech firm Amun to develop the USD-denominated ETP, which is being listed on the Switzerland’s principal stock exchange SIX under the ticker ABNB. Amun CEO Hany Rashwan told CoinDesk the ETP will be backed initially by $20 million worth of Binance coins (BNB), representing nearly a quarter of the firm’s total crypto assets under management. Full story BULL CROSS: Bitcoin is struggling to gather upside traction despite the most bullish crossover of long-term averages seen in March 2016. While historical data indicates consolidation may continue for a few weeks, the shorter duration charts are calling a retest of recent lows below $7,800. The bearish case would weaken if prices rise above the 200-day average at $8,740. Full story BACK AGAIN, LAZARUS? North Korea’s notorious hacking group Lazarus is likely behind fake cryptocurrency trading software used to breach Apple computers, independent U.S. researchers revealed last week. As reported by Korea JoongAng Daily, the app comes loaded with malicious tools that allow the possibly state-led cybercriminals to gain remote access to MacOS devices on which it’s installed. The group has also reportedly set up a fake crypto business called Celas Trade Pro and a related website to help fool victims. WHO WON #CRYPTOTWITTER   Copyright © 2019 CoinDesk, All rights reserved.  Our mailing address is:  250 Park Avenue South New York, NY, 10003, US  Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

G20 on Libra

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October 14, 2019 WRAPPED ZCASH: At the Devcon event last week, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability. For example, Josh Swihart, VP of marketing and business development at the Electric Coin Company, told CoinDesk that over the next six months the zcash community will develop a wrapped ZEC token that can be used on the ethereum blockchain, which could enable private, automated loans and financial products. Full story LATE TELEGRAM: Telegram could delay the plan to issue its own cryptocurrency on the Telegram Open Network by Oct. 31 after the Securities and Exchange Commission (SEC) ordered it to halt its allegedly “unlawful” token sale in the U.S. According to Bloomberg, Telegram sent a note to investors saying it is considering ways to resolve the temporary restraining order from the SEC , including the possibility of postponing the issuance to after the Oct. 31 deadline. Full story LIBRA BLOCK? The world’s biggest economies are assessing stablecoins like Facebook’s Libra as a potential risk to the global financial system. In a letter to the G20 nations, Financial Stability Board chair Randal Quarles said the G7 working group is delivering an assessment report on global stablecoins, stating they pose “a host of challenges” to the regulatory community. The draft report warns that, even if Libra’s backers can address such concerns, the project may not get approval from regulators. Full story TRADING THRILLS: Investors who trade cryptocurrency also tend to take bigger risks in the stock market, suggesting they are seeking dopamine more than diversification. That’s according to a recent study published in the Sept. issue of Economic Letters, which says that cryptocurrency traders’ behavior is driven by thrill seeking. “We find that when engaging in cryptocurrency trading investors simultaneously increase their risk-seeking behavior in stock trading as they increase their trading intensity and use of leverage,” the paper says. Full story FIRST GEAR: A group of major automakers are about to hit the road with the first field testing of a blockchain-based vehicle identification network next month in the U.S. BMW, General Motors, Honda, Ford and Renault are all working with the Mobility Open Blockchain Initiative (MOBI) on integrating the system, which assigns vehicles unique IDs to enable automatic payments, such as for tolls and parking, without the need for cash or credit and debit cards. Full story DOWNCAST: Bitcoin remains tapped below the 200-day moving average hurdle and looks set to test $8,000 in the short term, as suggested by Friday's bearish candlestick pattern. A break above the long-term MA, currently around $8,718, is needed to bring cheer to the bulls. Right now, though, that looks unlikely. Full story BLOCKCHAIN’S FIGHT: The blockchain startup Fight To Fame offers a solution to the payments problem in professional wrestling , reports Forbes. The company is using blockchain and smart contracts to disrupt the $7 billion industry, by tracking and ensuring payments to wrestlers. The company will also host a global fighting championship event, where audience members can cast their votes (on a blockchain) for their favorite wrestlers.  WHO WON #CRYPTOTWITTER   Copyright © 2019 CoinDesk, All rights reserved.  Our mailing address is:  250 Park Avenue South New York, NY, 10003, US  Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

[Last Chance] 177 Ways to Side Hustle Your Way to Retirement

Editor's Note: Just a quick reminder to let you know that James Altucher's Side Hustle program closes soon. If you've been waiting to decide, here's the signup link that comes with a FREE book:   177 Ways to Side Hustle Your Way to Retirement Oh, and you should do it today. Because this may be your last chance... after today we won't be talking about this offer for while. Confirm Your Shipping Address to Claim Your Order Dear Reader,   James Altucher here.   If you're reading this, that means you've been awarded a FREE copy of my brand new book, Side Hustle Bible.   I've written more than a dozen books on personal finance and wealth building in the years since I sold my first tech company, but none as impactful and easy to use as Side Hustle Bible.   I've put aside a copy of this book, just for you… All I need is to know where to send it if you'd like to claim it.   This book is exciting for lots of reasons – 177 to be exact.   Why that number?   Because in these pages, I reveal 177 ways you can make up to a 6-figure income with a side business.   It's a start-to-finish guide for multiplying your wealth beyond your wildest dreams. And perhaps most importantly, how to do that on your own terms.   Unlike my other books, you won't find Side Hustle Bible on the shelves of any bookstore or listed on Amazon.   Why? Because if it was, I couldn't give it away for free.   The fact is, the biggest fortunes in history – Warren Buffett, Jeff Bezos, Bill Gates, J.D. Rockefeller -– weren't created by winning the lottery or making 10,000% on a single stock. They were built up over the years by multiple income streams from the businesses they created.   I wrote this book to be a blueprint for ordinary people to climb to new heights of personal wealth.   If I charged for this information, that would only slow you down on your journey. I don't want anything to stand in your way.   Plus, I don't really need the money. My books have sold so well over the years that I wanted to do something special with this one.   So for the first time ever, I'm giving away every copy of this book for FREE. (And exclusively to people who respond to this invitation within 72 hours. Due to high demand, that's the longest I can keep your copy reserved.)   In these pages, I reveal some of the biggest wealth-building secrets I've learned in my 30-year career as a hedge fund manager, tech entrepreneur, and venture capitalist: On page 221, you'll learn how to create an online course — and earn $23,500 in 45 minutes. On page 197, I'll show you how to make $2,000 a weekend, from anywhere in the world. And on page 161, you'll find 10 businesses you can start from home today. And I don't just tell you the secrets and send you away… I SHOW YOU HOW TO DO IT STEP BY STEP! Side Hustle Bible will never leave you guessing how to apply these techniques. Instead, I show you how to use them in the real world.   Of course, there's a lot more in this 367-page book than I can fit into one email. But I'm confident that as soon as you start learning how easy it is to make money outside of a traditional 9-5 job – you'll devour every page! Thousands of Americans are already using these secrets to make veritable fortunes. Take the extraordinary story of Trevor Chapman for example.   He turned $200 into $1 million in 92 days. And 90 days later, he had made another $1 million.   He didn't keep his success to himself though. He shared his secret with his mother Denalee and she now earns $1,000 a day from an online store she started with zero experience, zero money, and just 14 days of effort.   People like Trevor are the reason I do what I do. They inspire me to keep writing!   It's like my friend AngelList CEO Naval Ravikant says: Quitting my 9–5 job and becoming my own boss was the most liberating thing I ever did. It made me happier and more successful than I ever dreamed. And now I want you to do the same!   All that's left to do is to claim your FREE copy of The Side Hustle Bible, today!   Regards, James Altucher   P.S. Remember, I can only hold your copy in reserve for 72 hours. If you wait too long, you might always regret missing out on the opportunity to completely change your life – so claim your free copy now. CoinSnacks | 5500 Military Trail Suite 22-250 | Jupiter, Florida | 33458 Unsubscribe | View in Browser