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Market Summary
Market Cap: $100B
BTC Dominance: 44.45%
24 Hour Volume: 3.9B
Active Currencies: 836
Active Assets: 187
Active Markets: 4837
We made it! Blockchains unscathed and surprisingly green. We've hit a total market cap of $100B again, right where we were stabilizing weeks ago. Bitcoin dominance has fallen a few percentage points, which is to be expected now that people are getting back into alts.
BCH is the clear winner today, up a whopping 48% over the last 24 hours. It's quite remarkable that it has jumped quickly to 3rd in total market cap so quickly. Keep an eye on it over the next few weeks to see if it can maintain this position. BitConnect is down 10%, making it our biggest loser. Most coins are overall up over the last week, with NEM leading the pack at 25%.
News
Bittrex Takes the Lead in Bitcoin Cash Trading Volume - altcointoday
Bittrex Takes the Lead in Bitcoin Cash Trading Volume The great Bitcoin fork has just happened and things are going smoothly so far, there have been no blockchain reorganizations and no further sub forks. Currently Bitcoin Cash’s blockchain is 50 blocks behind the main chain, putting it roughly 8 hours behind. The reason for this…
Tennis Star Andy Murray Among Customers to Pledge Over $22 Million to FinTech Revolut - altcointoday
Tennis Star Andy Murray Among Customers to Pledge Over $22 Million to FinTech Revolut British professional tennis player Sir Andy Murray is reported to be one of thousands of customers who will be investing in fintech firm Revolut. The Glasgow-born tennis star, who is ranked number one in the world, makes up one of 40,000 customers who…
Why Casinos Started to Pay Out in Bitcoins - altcointoday
Why Casinos Started to Pay Out in Bitcoins In July 2017, Bitcoin hit a new all-time high against the USD, earning any Bitcoin bettor a whopping $3,000 for every coin traded. According to the CoinDesk Bitcoin Price Index, BTC crossed the mark sometime in the month to set the all-time high against most of the…
ViaBTC’s BIP148 IOU Token Value Drops by 99.24% Overnight - altcointoday
ViaBTC’s BIP148 IOU Token Value Drops by 99.24% Overnight With all of the focus on BCH, one would forget there are other things happening to Bitcoin. More specifically, ViaBTC opened a market for the BIP148 IOU token a while ago. This token represents the value of a successful BIP148 soft fork activation and it becoming…
Bitcoin Cash May Become the Fourth Largest Cryptocurrency by Market Cap - altcointoday
Bitcoin Cash May Become the Fourth Largest Cryptocurrency by Market Cap A lot of people will be keeping a very close eye on Bitcoin Cash today. After weeks of waiting, the tokens will finally be issued to Bitcoin holders in a few hours. Make sure your funds are located in a compatible wallet or exchange…
Bitcoin UASF Proposal Quietly Activates – to Little Effect - altcointoday
Bitcoin UASF Proposal Quietly Activates – to Little Effect A controversial scaling proposal activated on bitcoin last night, though it happened quietly. Bitcoin Improvement Proposal (BIP) 148, the much-discussed user-activated soft fork (UASF) activated at block 478,484 on the bitcoin blockchain, though its code changes were subverted by another proposal designed to disable it. Sometimes branded as a protest…
South African Finance Minister on Bitcoin Future: Lot of Potential - altcointoday
South African Finance Minister on Bitcoin Future: Lot of Potential The development of cryptocurrencies, especially in countries like South Africa, has seen the question on their future posed to government ministers, with Finance Minister Malusi Gigaba tackling the question positively. Currently, cryptocurrencies are not regulated in South Africa, but a number of private businesses operate…
List of Exchanges and Wallets Supporting Bitcoin Cash - altcointoday
List of Exchanges and Wallets Supporting Bitcoin Cash Bitcoin Cash (BCC/BCH) is coming into existence as its nodes have become operational and mining taking place. Here’s a compilation of the exchanges and wallets where you can get your Bitcoin Cash. Exchanges ViaBTC On July 17, ViaBTC announced that they accept the hard fork, start a new mining…
Bitcoin Fork is Now Underway - altcointoday
Bitcoin Fork is Now Underway A minority of bitcoin miners are ‘forking’ to create a new version of bitcoin, called Bitcoin Cash (BCC) in an attempt to creating an alternative network to prove bigger blocks in a bid to increase network capacity while splitting the blockchain into two .The fork has not affected bitcoin…
What Happened to Bitcoin Today: A Recap of the Blockchain's Big Split - coindesk
It wasn't the first attempt to fork the bitcoin blockchain, but it was certainly the most memorable. As reported earlier today, Bitcoin Cash, a new cryptocurrency, was created when a group of miners "forked" from the main bitcoin blockchain – in short, they switched to a new, incompatible software that changed the rules by which the network would function.
Singapore Central Bank: Token Sales May Be Subject to Securities Laws - coindesk
Singapore's central bank has issued new statements on the offering of digital tokens, stating that some issuances may fall under its definition of a security. The Monetary Authority of Singapore (MAS) outlined its position on token sales – known more commonly as initial coin offerings, or ICOs – in a new statement published this morning. The regulator indicated that it considers some tokens as securities, depending on their underlying basis and the context of their issuance – a stance similar to the one expressed last week by the U.S. Securities and Exchange Commission.
Bitcoin UASF Proposal Quietly Activates – to Little Effect - coindesk
A controversial scaling proposal activated on bitcoin last night, though it happened quietly. Bitcoin Improvement Proposal (BIP) 148, the much-discussed user-activated soft fork (UASF) activated at block 478,484 on the bitcoin blockchain, though its code changes were superceded by another proposal designed to disable it.
Bitcoin Is Forking, But Bitcoin Cash Hasn't Been Created Yet - coindesk
The split of the bitcoin blockchain has begun. Earlier today a subset of bitcoin's miners began operating a different software in order to create a competing cryptocurrency called Bitcoin Cash. The move would effectively find a minority of users forging ahead with their own blockchain, one that shares a transaction history with bitcoin.
The Problem with Bitcoin Price Charts (Explained in Two Charts) - coindesk
Last week, I wrote about the different methods used to calculate and express daily price changes in stocks and cryptocurrencies. The big takeaway? Since cryptocurrencies trade in a 24/7 fashion, there is no closing price to quote. Instead, daily price changes are calculated by comparing the current price of the asset to the price of the same asset 24 hours earlier, and calculating the percent change between the two numbers.
Bank of America Files for 3 New Blockchain Patents - coindesk
Three new patent applications reveal that the Bank of America has been working on using distributed ledger technology (DLT) to validate the veracity of information – and those who handle it. First filed in February 2016, the details of the three applications were made available to the public last week by the U.S. Patent and Trademark Office.
Bitcoin Cash Just Mined its First Block, Making Blockchain Split Official - coindesk
An effort to create an alternative version of the bitcoin blockchain is officially moving ahead. After running into roadblocks this morning, miners were able to successfully create a block on a new blockchain, called Bitcoin Cash, at roughly 2:14 p.m. ET today. The move effectively finds the miners breaking away from the main bitcoin network and forging ahead with a different technical roadmap.
Hong Kong Stock Exchange to Launch Blockchain-Powered Market in 2018 - coindesk
The Hong Kong Stock Exchange (HKEX) is planning to launch a blockchain-powered private market aimed at helping smaller firms obtain financing. HKEX chief executive Charles Li detailed the plan, which would play out through a separate venture dubbed HKEX Private Market, in an August 1 note.
Bitcoin Cash: Who Supports the Fork And Who Doesn't - coindesk
The bitcoin blockchain may be just hours away from its first major fork. While the technical maneuver (explained in more detail here) doesn't impact bitcoin itself, if implemented it will result in the creation of a competing cryptocurrency, Bitcoin Cash, with a similar transaction history.
DAO Marketplace District0x Raises $9 Million in Token Sale - coindesk
A blockchain project boasting support from industry venture firms Boost VC and CoinFund has completed an initial coin offering (ICO), netting around $9 million in ether. Called District0x, the project aims to use ethereum smart contracts to power decentralized marketplaces and community applications. Offering 600 million District0x Network Tokens (DNT) to buyers, the ICO started on July 18 and ended on August 1.
Juniper: 6 in 10 Corporations Are Now Planning Blockchain Integrations - coindesk
An impressive 57 percent of large corporate firms are either in the process of deploying blockchain technology or are currently weighing how to do so. That's the latest finding from U.K.-based Juniper Research, which surveyed 400 corporate founders, managers and executives for its latest report.
Marketplace Lender Blackmoon to Launch Ethereum Token Management Platform - coindesk
A marketplace lender that boasts $100 million in deal volume is launching an ethereum platform for "tokenized investment vehicles." Released by Blackmoon Financial Group today, Blackmoon Crypto is designed to enable verified asset managers to create and manage tokenized funds in a legally compliant manner. Operating in nine countries, Blackmoon has attracted $2.5 million to date in investment from firms including Target Global and Flint Capital.
Videos
The EOS Red Flags Are Nothing To Worry About - CryptoGordo - YouTube
Fork With Me! Live 🎥 Coverage Of The Bitcoin Hard Fork 🍴 Split Of Bitcoin Cash 💸 UAHF - Chris Coney - YouTube
Ep. 557- Crypt0's News- Fork Day Edition! (BCH Bitcoin Cash + BTC Bitcoin) PART 2 - Crypt0 - YouTube
Research
- ICONOMI platform IS LIVE and open to public!
- The Complete Guide: How To Make Money Investing In Cryptocurrency by PoloniexWhale
- Tokes $TKS will be accepted @pisoslv dispensary on heart of #Vegas strip