🗞 Daily Crypto News, August, 19th💰

Santander to Connect Latin America to Ripple-Powered Remittance Service ;
Alive, Thriving and Totally Unauthorized: Inside the Underground Market for Telegram’s Cryptocurrency ;
Binance Reveals ‘Venus’ — Its Own Project to Rival Facebook’s Libra ;
Bitcoin Price Bullish Wedge Forms Pointing to $11K
Crypto Wallet ZenGo Now Supports Facebook’s Libra Testnet ;
📑 Daily Crypto Calendar, August, 19th💰
STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Santander to Connect Latin America to Ripple-Powered Remittance Service

Spanish megabank Santander Group is expanding its use of Ripple’s technology.

The bank is building a “payment corridor” that would let customers in Latin America send money to the U.S. instantly for free via One Pay FX, a mobile app that uses Ripple’s xCurrent software, officials told CoinDesk.

Currently, only customers in the U.K. and Spain can send money to the U.S. over One Pay FX. While the bank would not reveal how many Latin American countries it plans to connect to the corridor, Santander serves Brazil, Uruguay, Chile and Mexico.

Like Santander’s DLT efforts to date, the new payment capability will not involve XRP, the cryptocurrency that Ripple periodically sells to fund operations and that powers its separate xRapid product.
Last year, Santander introduced One Pay FX in four countries that account for more than half the bank’s profits: Spain, the U.K., Brazil and Poland.

🗞 Alive, Thriving and Totally Unauthorized: Inside the Underground Market for Telegram’s Cryptocurrency

The Takeaway:

Telegram’s long-awaited blockchain, Telegram Open Network, is said to be scheduled to launch Oct. 31, but the yet-to-be-issued gram tokens are already trading in an unauthorized secondary market.

Telegram has yet to publicly or formally acknowledge the project, but investors in last year’s $1.7 billion token offering, widely publicized in the press, are selling their gram allocations via OTC desks, exchanges and special-purpose vehicles.

Purchasing tokens this way might be risky, investors warn, as Telegram specifically prohibited investors from re-selling their allocations under penalty of terminating the purchase contract.
Secondary buyers may end up with nothing.

🗞 Binance Reveals ‘Venus’ — Its Own Project to Rival Facebook’s Libra

Top cryptocurrency exchange Binance is launching an open blockchain project “Venus” focused on developing localized stablecoins worldwide.

In an announcement published today, Aug. 19, the exchange argues it is well-positioned to launch such a currency ecosystem in light of its existing public chain technology, Binance Chain, wide user base and already established global compliance measures.

Leveraging existing know-how

The exchange says it is seeking partnerships with governments, corporations, technology firms, and other cryptocurrency and blockchain projects in order to develop a new currency ecosystem that will empower both developed and developing countries

🗞 Bitcoin Price Bullish Wedge Forms Pointing to $11K, Says Trader

Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading.

Market visualization

Bitcoin price builds on $10K support
Data from Coin360 revealed Bitcoin challenging $11,000 in morning trading as Monday delivered almost 5% gains.
Markets appeared to be reacting to news cryptocurrency exchange Binance was planning to release its own version of Facebook’s Libra digital currency, in what is also a direct response to China’s central bank.
At press time, BTC/USD was circling $10,650, capping daily gains of 4.9%, while weekly progress still totalled 5.5% losses.

🗞 Crypto Wallet ZenGo Now Supports Facebook’s Libra Testnet

On Aug. 18, the developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that their app now supports Facebook’s Libra testnet.

Experimenting with Libra

According to the announcement, now users “can send and receive Facebook’s new cryptocurrency, Libra, just like any other cryptocurrency in ZenGo.” The developers also noted that the “testnet funds don’t hold any real value and are only for testing purposes.” The post explains:

“If you would like to experiment with Libra, you can turn on Libra testnet from the Account tab in the wallet. Once you turn on the feature, make sure your wallet is backed up, and we’ll send you your first Libra. Facebook is developing its own wallet Calibra, but it’s not publicly available yet. When it does become available it will be a custodial wallet, meaning that Facebook will have full control over the funds stored in it. But that will not be the only option. That’s why we’re offering Libra in ZenGo a non-custodial that people will have the option to choose.”

📑 Daily Crypto Calendar, August, 19th💰

Xensor (XSR)

Xensor will be listed in Bithumb Global exchange on August 19, 2019.

Chainlink (LINK), General Event (CRYPTO), Ethereum (ETH), POA Network (POA), iExec RLC (RLC), Streamr DATAcoin (DATA), Waves (WAVES)

Web3 Summit is organized around a single rallying call: to facilitate a fully functional and user-friendly decentralized web.

Vexanium (VEX)

"We’re going to launch Vexanium Whitepaper 2.0 (Bahasa & Mandarin) on 19th August 2019."

Hydro (HYDRO)

"Big news coming this Monday for Project Hydro!"

Factom (FCT)

"PegNet Mining goes live Monday August 19th 17:00 UTC!"

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

Here is the current chart :

Nothing really new for the STEEM, as the BTC, the moves are very limited and we didn't even touched the resistance line at at 0.18$. We are closed of it so I would be really interested to see if we can try to break it or not. The worst scenario would be a touch on that line foloowed by a new drop. Let's hope it won't happen.

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