- Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos ;
- Non-Believable Tokens: The 7 Strangest Crypto Collectibles Explained ;
- Why Is the Ethereum Price Tanking? Here Are 4 Possible Reasons ;
- Capital One Applies for Blockchain-Based Collaborative Authentication System Patent ;
- November BCH Upgrade Discussion Heats Up After Bitcoin SV Full Node Announcement ;
- 📑 Daily Crypto Calendar, August, 18th💰
- STEEM Trading Update by @cryptopassion
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 Unstoppable Scams? Ethereum's Gambling Problem Is Only Getting Worse
Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most respected thought leaders in cryptocurrency, Andreas M. Antonopoulos revealed he believes bitcoin exchange traded funds (ETFs) are “a terrible idea.” The author of The Internet of Money and the seminal Mastering Bitcoin does think bitcoin ETFs are coming, but he also suggests bitcoin ETFs mean a kind of financialization that runs directly counter to the entire point of Bitcoin specifically and cryptocurrency generally.
Read more & Source: https://news.bitcoin.com/bitcoin-etfs-are-a-terrible-idea-andreas-antonopoulos/
Non-Believable Tokens: The 7 Strangest Crypto Collectibles Explained
As they say, what's weird in tech today just might be tomorrow's next big thing.
If that's the case, the world of digital, cryptographic collectibles may be high on the list of potential disruptive innovations. After all, where else can you "breed" digital items and come out with an ugly cat all of your own?
Read more & Source: https://www.coindesk.com/the-7-strangest-non-fungible-tokens-for-cryptos-collectors/
Why Is the Ethereum Price Tanking? Here Are 4 Possible Reasons
Crypto markets are down across the board, and that’s nothing new. But what’s behind Ethereum losing 44 percent of its value in just two weeks? From August 1 to August 14, crypto’s number two went from $470 to $260. That’s its lowest level since November 2017. It was trading at around $285 at the time of writing.
Read more & Source: https://nulltx.com/why-is-the-ethereum-price-tanking-here-are-4-possible-reasons/
Capital One Applies for Blockchain-Based Collaborative Authentication System Patent
American bank holding corporation Capital One has filed a patent application for the implementation of blockchain technology in user authentication, according to a filing published by the U.S. Patent and Trademark Office (USPTO) August 16.
According to the document, the inquiry is a continuation of a patent application submitted by Capital One to the USPTO in June 2017. The proposed system is designed to receive, store, record, and retrieve authentication information for a user in multiple blockchain-based member platforms.
Read more & Source: https://cointelegraph.com/news/capital-one-applies-for-blockchain-based-collaborative-authentication-system-patent
November BCH Upgrade Discussion Heats Up After Bitcoin SV Full Node Announcement
Blockchain development firm Nchain has announced the company’s plans to launch a new Bitcoin Cash full node client called ‘Bitcoin SV.’ Lead developer Daniel Connolly has published the specifications for re-enabling old opcodes for the November 2018 BCH upgrade. So far the unpublished codebase has seen vocal support from the mining pool Coingeek, but right now some members of the BCH community are concerned that if no other miners switch to Bitcoin SV, the proposed upgrade could cause incompatibilities.
Read more & Source: https://news.bitcoin.com/november-bch-upgrade-discussion-heats-up-after-bitcoin-sv-full-node-announcement/
📑 Daily Crypto Calendar, August, 18th💰
- Penguin Coin (PENG)
The swap will be at a rate of 10:1 Implementing MasterNode and Proof of Stake.
- DigitalPrice (DP)
"We have decided to list 2 coins.. This voting session will last 1 month, we will announce the winner on the 18th of August."
- Mainframe (MFT)
Roadmap release during week of Aug 12-18.
- General Event (CRYPTO)
Crypto Coin Conference being held in Valley Forge, PA.
- Publica (PBL)
Publica will announce a new partnership.
Read more & Source: @vlemon/daily-crypto-calendar-august-18th
Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Today, we had the first test on the resistance line at 1$ since the big drop that we had on the STEEM. As you can see, we just had a wick to go almost touch the resistance line and immediatly after, we had a drop and this is why we see this long wick. Now the STEEM should start to consolidate a little bit and perhaps even do a little drop and what I want see is another test to break this line in orange. Let's see what will happen in the coming hours.
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