Stratis: -25% Top News Stories DPRating Crypto Rankings (Based on GitHub Activity) June 2018 Report: EOS, Cardano, TRON, and Ethereum Tied for First Place DPRating, a cryptocurrency rating agency established in 2017, has released the June 2018 edition of its GitHub Audit report, which ranks projects based on their GitHub activity (e.g. how often new versions of the software are being released). DPRating, which in the words of its founder, Darpal Wang, “aims to be the Moody’s of the crypto space”, produces various types of reports to help investors. The GitHub Audit looks at the software development activity of 200 blockchain projects by monitoring each development team’s activities on GitHub, a platform used by almost open source projects for hosting and managing code. (Source: Coinnewsupdate.com ) IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks Even private and permissioned blockchains need to build ecosystems and achieve network effects, just like their permissionless, public counterparts. At least, that’s the thinking behind LedgerConnect, a financial blockchain “app store” that aims to make it easier for banks to access distributed ledger technology (DLT) solutions from fintech and software providers, and for those vendors in turn to reach bank customers.
Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM, and counts major banks Barclays and Citigroup among its founding members. In fact, nine financial institutions are participating in the proof of concept (PoC) and have selected services from a number of vendors including Baton Systems, Calypso, Copp Clark, IBM, MPhasis, OpenRisk, SynSwap and Persistent Systems.
(Source: Coindesk.com ) Huobi to launch P2P trading in India The Singaporean cryptocurrency exchange Huobi, has announced, in principle, that they will be launching a P2P platform for their Indian users on which they will be able to trade all cryptocurrencies against the INR. This so called ‘announcement’ was made after all users were sent a questionnaire to fill. The questionnaire was sent and to be filled by all Indian users alone and was followed by a mail stating that INR was now supported by Huobi. The message read the following; “Global Merchants, After becoming a global merchant of Huobi OTC, you will be entitled to: post-fiat-to-token advertisements to gain more earnings during “Buy & Sell” processes; enjoy zero transaction fee and obtain 24/7 customer support.
” (Source: itsblockchain.
com ) $10.7 Trillion Custodian Northern Trust Helping Hedge Funds Invest in Bitcoin Forbes reports that the 129-year-old Chicago-based firm, which caters to institutional investors, corporations, and high net worth individuals, has begun to open up some of its services to cryptocurrency hedge funds while also exploring how to integrate blockchain technology into its private equity division. According to the publication, Northern Trust has for months also been working with three “mainstream hedge funds” that have begun stealthily adding cryptocurrency investments to their portfolios as they seek to gain exposure to the nascent but burgeoning crypto marketplace. (Source: CCN.
com ) Coinbase Now Supports Buying Bitcoin With British Pounds The San Francisco-based exchange announced the launch today (August 2, 2018), via a post on its blog.
According to the statement, GBP deposits and withdrawals will be supported on Coinbase, Coinbase Pro, and Coinbase Prime. The latter two are platforms targeted at active traders and institutional investors respectively. As a result of the launch, U.
K. customers will now be able to enjoy same day deposits/withdrawals from their Coinbase trading accounts to their local bank accounts. This move significantly reduces the tedium suffered U.K.
-based customers on Coinbase. (Source: Bitcoinist.
com ) A Crypto Mining TV to Come to Market A crypto hardware manufacturer that accounts for some 20% of all bitcoin Asics, Canaan Creative, is planning to launch a bitcoin mining TV set according to South China Morning Post. The TV set, AvalonMiner Inside, can process 2.8 trillion hashes a second, translating to 2.8 Terahertz. In comparison, Avalon’s asics can process 11 THz/s.
Suggesting the TV will do a lot of work while you watch a movie, but it will still be a fraction of bitcoin’s total hashrate which currently stands at 45,000 petahertz, with 1,000 terahertz being 1 petahertz.
(Source: Trustnodes.com ) Owner Of NYSE Partners With Microsoft, BCG And Starbucks To Launch A Global Bitcoin Market Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), is partnering with Microsoft, Starbucks, BCG and others, to launch a market and ecosystem to list physically settled Bitcoin futures contracts and for a new company to push Bitcoin and other digital assets towards becoming mainstream financial asset. The new company will be known as Bakkt and intends on leveraging Microsoft’s could solutions to create an open and regulated, global ecosystem for digital assets. The integrated platform will enable consumers and institutions to buy, sell, store and spend digital assets on the seamless global network.
(Source: ethereumworldnews.com ) OKEx Confirms ‘Clawback’ On Huge $416m Bitcoin Position, Introducing New Measures A massive bitcoin long position on OKEx, one of the world’s largest cryptocurrency exchanges, that left futures traders vulnerable has prompted the exchange to launch new measures to combat similar situations in the future. Originating with a huge $416 million-leveraged long position on bitcoin (BTC) futures, the exchange was forced to liquidate the account after the price of bitcoin tumbled earlier this week. The problem for traders on the platform however, came from the fact that the exchange uses a socialised trading model — known as a ‘clawback model’ — where profitable traders can be forced to cover the losses if a position is liquidated. Coinbase Custody Considers Addition of 37 New Assets Including XRP, EOS and XMR Crypto Trading Tips Pay Attention To Bitcoin Price If you’re a day trader then this one tip alone could save you a lot of heartache.
Always look at the BTC price and gauge it’s action before entering a trade on any altcoin. If BTC goes on a bullish run, a lot of traders and investors get out of alts to ride the BTC price wave. Conversely if BTC dumps quite hard then traders and investors get out of alts and into Fiat until the panic selling is over.
(The irony being that they themselves are part of the panic selling) The best time to buy altcoins are when BTC price is stable or rising organically instead of in pumps. Some Cryptos You Might Want to Look at This week THREE PROJECTS THAT WILL GIVE YOU 100%+ PROFITS BEFORE THE END OF THE 2018 (Please put your big girl/boy pants on and do your own research before investing in any of these, I am not a financial advisor, prices as of Sunday 5th August ) I honestly believe that these 3 projects will give you at least 100% ROI before the end of 2018 and even more in 2019. 1. Holochain (HOT) (Current price 7/8 Satoshi) Holochain has been sitting in the doldrums since it was listed on Binance, but make no mistake this project is a great one and definitely one that deserves your attention. What is Holochain? Holochain provides a framework for developers to build decentralized applications and aims to change the paradigm of data-centric blockchains to an agent-centric system. In Holochain’s fledgling system, no true global consensus is maintained. Instead, each agent in the public blockchain maintains a private fork, essentially, that is managed and stored in a limited way on the public blockchain with a distributed hash table. This means there are no scalability limits and dapps hosted on Holochain can do much more with less of nearly everything than traditional blockchains.
HOT is currently an Ethereum ERC-20 token so can be stored on any Ethereum Wallet including Hardware wallets. At a later date the tokens will be able to be swapped for Holofuel. Target for end of 2018: 30 Sats 2. Dent (Current price 29/30 Satoshi) Dent is another coin that has suffered since the drop in BTC price but I am confident this is going to at least 100 satoshi before the end of the year.
What is Dent? Dent is a fully fledged crypto exchange that aims to liberate the way mobile data works. The platform’s users will be allowed to buy or sell or donate the data through a popular Ethereum-based blockchain. The developers behind this exchange are working hard to make sure that it eventually becomes a global ecosystem for trading mobile data. Target for end of 2018: 100 Sats 3. Pundi X (Current price 28/29 Satoshi) Pundi X had a great run up before being listed on Binance and was a great trading token as well as having a great long term future. What is Pundi X? The goal of Pundi X is to empower blockchain developers and token holders to sell cryptocurrency and blockchain related services in physical stores anywhere in the world.
Pundi X plans to achieve this by creating and distributing numerous point of sale smart devices to retailers around the world. These small POS devices are connected to the two-layered blockchain for performing transactions. These Point of Sale (POS) devices are to aid retailers to accept payments made with Pundi X tokens (NPXS). These POS devices will let users purchase tokens directly or make use of their wallets to buy items.
The Pundi X project plans distribute over 50 thousand devices every year. Target for end of 2018: 100 Sats For more daily calls like the ones above please check out CYT Crypto Premium .
