COINFEED HEADLINES OF THE DAY
Bitcoin can’t get enough of itself at $6400 dollars.
Movers and Shakers
Winners: DASH is the clear winner of the day with a sharp pop up by 8%. Other notable moves include Bitcoin Gold and Bitcoin Cash. The former is celebrating its anniversary while the latter is getting read to fork. If you’re not forking or celebrating your anniversary, I don’t know what you’re doing.
Losers: And what goes up must come down with Ravencoin coming in for a landing at a 5% drop.
Overall, the total network value for all of crypto is up to $212 billion dollars with a notable increase in volume over the weekend.
And now the headlines of the day.
Binance Uganda Hits 40k
40,000 Ugandans have signed up for Binance Uganda in its first week of launch. Ugandans see great opportunity in reducing middleman fees for remittance payments.
Dash has launched an SMS based payment system in Venezuela. Great news for the country as it may not have the best access to the internet at the moment. Great news for crypto overall.
Investors are taking rapper T.I. to court for crypto fraud for an amount of $5M. T.I. and a man named Ryan Felton are accused of a pump and dump scheme including a not-so well thought out coverup.
Despite the bear market in crypto, ASIC manufacturers are reportedly seizing sizable revenues. With that, AMD revealed its continued interest in the sector with a partnership among seven other companies to release mining hardware. By the way guys, we’re going to have a live video AMA session with an ASIC manufacturer in the Coinfeed app very soon. Create a username and download the app if this interests you.
Son of Google’s CEO
Sundar Pichai, CEO of Google, revealed that instead of googling Ethereum, he instead asked his 11-year old son who happens to be mining it. Is his son the product of artificial intelligence? Comment below.
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We'll use this show to discuss cryptocurrencies (or as we prefer to call them: cryptoassets) such as Bitcoin. We'll also cover some alt coins from time to time. We likely won't mention any assets that have low liquidity since those assets are more prone to manipulation. Coins in our system include: Ethereum ETH, NEO, GAS, Litecoin LTC, Ripple XRP, Dogecoin, Pied Piper Coin PPI, Tether USDT, Stellar XLM, Nem XEM, Binance BNB, Kucoin KCS, ZCash ZEC, Monero XMR, Cardano ADA, Nano
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