Completed a nice trade on XMR yesterday, good times
Bitcoin Indicator Turns Bullish for First Time in 8 Months
Dormant $800m Bitcoin Wallet Suddenly Sees Activity
WaltonChain 2.0 Whitepaper, Full of technical details
Sunny Lu (VeChain) will be speaking at BYD’s World Wide Development Meet today
Former Director of Marketing for Twitch Joins Vechain
RAM It All: Rising Costs Are Turning EOS Into a Crypto Coder’s Nightmare
(EOS fees for memory usage is a bit insane IMHO)
Dominik Schiener (IOTA) will be speaking at Germany’s major economic summit
Monero Gains 20% This Week as Satis Report Injects Bullish Sentiment
(Yup, I got that one - woot!)
Bitcoin Cash Gains 14% as Stress Test Hits Transaction Record
The test consisted of injecting 2.1 million transactions on the BCH network within one day.
Such large blocks though would lead to a 1.6TB chain growth per year, which is probably ok.
XRP is Used to Move Funds in 50 Countries by Mitsubishi UFJ Financial Group
Tron: Neo’s Failed $170 Million Bid to Buy BitTorrent Revealed (somewhat fishy)
Tron Surpasses EOS in Number of Accounts in Just 71 Days Since MainNet Launch
NEO 3.0 - NEO - Trinity launches ETH-based state channels and simple node deployment registration
Litecoin Price Nears $70 to Hit One-Month High
Credits (CS) and Lenovo are about to join forces enhancing the Internet of Things
(IBM making some serious moves and partnerships in the blockchain space and while technically Lenovo is a split company from IBM, IBM still holds a large interest - need to keep a closer eye on IBM, they seem to be gearing up for something big).
Bittrex to Delist Bitcoin Gold (BTG) Amid Compensation Dispute Over $18M Hack
NAV: NavCoin Core v.4.3.0 release today
NEO Cyberjaya Meetup, Malaysia today - surprising amount of higher profile business people attending.
Bitcoin Core v.0.17.0
There are indications that next major upgrade (to version 0.17.0) will now include a new language for crypto keys. The new version, which is currently being tested, is expected to be released on September 8th.
USD Sentiment now considered to be at extreme level (ie: FOMO) with the largest number of US Dollar bulls in 52-weeks! Dire Emerging Market headlines tend to align with a strengthening US Dollar.
USD Rally Bolstered by Highest US ISM Manufacturing Figure Since 2004.
USD/CNY – Trump Era Wakes Up a Sleeping Giant
The Yuan has historically not been a popular trading currency amongst Forex traders. There are several reasons for this. The Yuan is a managed currency, and the central bank has always tried to maintain a stable exchange rate. That means relatively little volatility (not great for trading) and uncertainty over what the central bank may do (not great for trading). Liquidity has generally been a problem for the pair. However, this may be changing. Firstly, more Forex traders now have access to platforms allowing them to trade the Yuan. Secondly, we are seeing stronger trends lasting longer.
Gold Price Bounce Over? Investors move monies out of Gold and into USD, surprise?
Crude oil is breaking resistance from July. Oil likely to go up.
Average Sentiment for today
USD - Bullish
EURO - Bearish
GBP - Bearish
JPY - finally not so bearish, could be a bounce?
XAU - Bearish
SPX500 - Bearish again
For most of the crypto market, looks to be mostly sideways action as planned