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Market Cap: $90B
BTC Dominance: 49.7%
24 Hour Volume: 2.2B
Active Currencies: 831
Active Assets: 185
Active Markets: 4774
We've maintained a rather steady market cap of $90B over the past few days. With August 1st right around the corner we'll finally get to see what all this fuss has been about. July has been an interesting month for crypto, and I'm glad it's almost behind us. Bitcoin dominance is right around 50%, but you'd have to speculate that it's due to more people moving into BTC before the fork.
There's actually quite a bit of green over the last 24 hours, with Statis being the clear winner at 11%. BitConnect has dropped the most over that timeframe, down about 5%. Monero and IOTA are actually up over the last 7 days, which is quite impressive given the drops recently. We're still trending upward according to the TaiFu index, so hopefully we see people getting back into crypto after the 1st.
Startups Brace for Bitcoin Cash Fork in Wave of Policy Updates What to do about Bitcoin Cash? That’s the question facing industry startups, as it seems likely that a group of developers and miners might actually split the main bitcoin network next week, forming a brand new cryptocurrency. Due to differences in opinion about how bitcoin…
US Authorities Seizes Russian Cryptocurrency Exchange BTC-e Domain In a move that perhaps epitomizes the current market climate of Bitcoin and altcoins, the US Federal Government seized the domain name belonging to BTC-e. As the story developed, it was revealed that Alexander Vinnik who was arrested in Greece recently was a previous “BTC-e operator”, and that the exchange’s website…
Are Exchanges Safe Places to Keep Bitcoins? When most people start to get excited about Bitcoin there tends to be a list of frequently asked questions that they go through immediately. How do I buy it? Who accepts it? What can I buy with it? Is gambling with bitcoin legal? Where can I store it? How do…
BitClave Aims to Tackle Privacy in Advertising with the Blockchain; Launches ICO The team behind BitClave have announced a new innovation, the BitClave Active Search Ecosystem, set to revolutionize advertising in eCommerce using the personal data obfuscation offered by blockchain technology. A multi-million dollar industry, online advertising often seems a no-win scenario, with users reluctant…
Investing in Cryptocurrencies as Securities: An Interview from a Legal Perspective Digital currency practices have exploded in recent months, bringing to the forefront new regulations. This means VC investors looking to get a piece of the action need to do further due-diligence and remain informed on the legal side. According to Inside Bitcoins, last year two…
Are Asian Investors Going Short On Cryptocurrencies? It’s no secret that Asian markets often dominate some of the largest fiat gateways to cryptocurrencies. Korea’s Bithumb has the highest fiat/Bitcoin volumes, around $145 mln per day, while also taking first place for Ethereum and the Korean Won at just over $90 mln per day. Chinese Yen, on the other…
Dash CEO: We’ve Had Nearly 2,000 Downloads on the Apple App Store While other cryptocurrency prices have been slipping, Dash picked up steam with the recent announcement of its Apple-approved status. After a long, complex back and forth with the technology giant, Dash Core has succeeded in demonstrating to the Apple App Store team the value,…
Hypethon in St Petersburg, Russia Will See Dozens of Pre-ICOs in Just 48 Hours On Aug. 16-17, dozens of ambitious project teams are expected to take part in Hypethon in Saint Petersburg, Russia. The event will see a launch of their pre-ICOs and a fierce competition for the prize pool provided by ICO angels. Saint Petersburg which…
Blockchain CEOs Respond to SEC ICO Verdict When the SEC announced that cryptocurrency ICOs may be considered securities, many people were confused. The announcement left a lot of room for speculation. Various blockchain experts have issued statements on this topic, and it will be interesting to see how things evolve over the coming months. Cryptocurrency ICOs will…
Global Bitcoin Airdrop 2017 Will Take Place in 6 Countries The Blockchain Education Network (BEN), a global network of blockchain communities, has announced a global Bitcoin Airdrop 2017 powered by bitJob to begin this new school year. Fintech communities and universities in 11 regions have agreed to participate including McGill University and the Richard Ivey School of Business in Canada;…
Chamber of Digital Commerce Greets SEC’s ICO Resolution The Chamber of Digital Commerce has welcomed the US Securities and Exchange Commission’s decision declaring tokens used in ICOs by DAOs as securities need to be regulated. The SEC’s finding was warmly accepted by CDC saying they were not surprised with the findings. An Anticipated Decision Chamber of Digital Commerce’s Perianne Boring said…
Often described as the "ringleader" of a controversial plan to fork the bitcoin blockchain, mining pool ViaBTC is speaking out against the idea that it's the driving force behind a bitcoin alternative called Bitcoin Cash. A fork of bitcoin that would create a new network with new rules, Bitcoin Cash is notable in its rejection of code changes favored by other developers to boost the network's transaction capacity.
What should we do about Bitcoin Cash? That’s the question facing industry startups, as it seems likely that a group of developers and miners might actually fork from the main bitcoin network next week, forming a brand new cryptocurrency.
