Crypto News & Analysis
One of the companies testing the xRapid payment system of XRP, commonly known as Ripple, is American Express. This little tidbit of news has Ripple believers very excited. They see past the test and envision XRP becoming a major player in the cryptocurrency market. They also see XRP becoming a standard for payments worldwide. Just the mention of Amex and Ripple in the same sentence gives XRP an air of international acceptance.
International acceptance is just the thing that could set XRP's value on a path straight up. XRP'S value centers around the current payment system between major world banks. The xRapid payment system is 60% cheaper to use than the current system in place. xCurrent is the current system. It is an entity with no attachment whatsoever to xRapid or XRP. You may know the xCurrent system by another name, SWIFT. That's right they are one in the same and if XRP can push them out of their premier position in the banking industry, XRP has value.
It's no wonder Mr Bill Clinton, and Amex are kicking tires on the XRP vehicles. The 21st Money Team is all over this one too. XRP is the 3rd largest Crypto, with a market cap value of $12,670,000,000. XRP's innovations in blockchain technology has given them the potential to replace SWIFT's functions in cross border payments. That is big! XRP is trading at $0.32 up more than 11% over the last 7 days. That price may be a perfect buy in opportunity for those with the vision to see XRP's great potential.
Forex News & Analysis
Venezuela is in the process of nationalizing its own cryptocurrency. A move that is being watched around the globe. President Nicolas Maduro has devalued the national currency, the Bolivar (VEF), and pegged it to an asset backed cryptocurrency the Petromoneda (Petro). A little background is necessary to help you digest this unprecedented move by the Venezuelan government.
The Petro token was launched in February of this year. The cryptocurrency is reported to be backed by the assets of Venezuela's oil reserves. It has been reported that the crypto was created to circumvent US sanctions imposed on Venezuela. That may very well be true because, President Trump has outlawed American participation in the crypto. And just like the Turkish people many Venezuelans have now moved to Bitcoin, to exchange there defunct currency to something of value.
To help you gauge the value of Venezuela's Bolivar (VEF), you need 64,420 VEF to buy 1 Bitcoin, when the coin is trading near US $6,450. Venezuelans may literally need a truck load of cash if the want to exchange VEF for 10 Bitcoins. The great part is if Bitcoin runs to $8,000 again they'll need two trucks to take their money home. The past 2 months have seen a surge in trading volume between Bolivar and Bitcoin, 25 trillion VEF has changed hands to purchase Bitcoin versus 6 trillion VEF two months ago. The amount of goods and services being purchased with Bitcoin has dramatically increased as well.
Proponents of the Petro criticise its centralized nature. They argue that the Petro's structure takes away from the decentralized ideal behind cryptos. But the nuance that hovers around the Petro that has caught the attention of the 21st Money Team is, the Petro is one of the few cryptos backed by an actual asset. How the Petro evolves is being examined by all the experts. An asset backed crypto is so much easier to understand. And the logistics of moving this asset between traders and owners via blockchain technology may have extreme value in the future. On the other hand witnessing more adoption of cryptos not only by individuals but by governments is something to take note of.
Crypto Futures News & Analysis
Many crypto analysts believe mass adoption of blockchain technology will be the catalyst for the next bull run in cryptocurrencies. Proposed regulations from the lawmakers of the United States and recent legislative bills passed by the lawmakers of Malta, the proposed crypto capital of the world, are creating the right environment for crypto’s much needed bull run. The ingredients needed for the catalytic formula are being assembled and are brewing in the test tube of the future.
Malta’s legislative body passed three bills to regulate digital assets. The Innovative Technology Arrangements and Services Bill, The Virtual Financial Assets Bill, and The Malta Digital Innovation Authority. The innovative Technology Arrangements and Services Bill along with The Virtual Finance Assets Bill pave the way for blockchain technology and its products to be regulated by the Maltese government. The Malta Digital Innovation Authority Bill will give license to the government organization with the same name to administer the policies of digital asset regulation within Malta. With Malta being the proposed digital capital of the world we can expect similar legislation from other governments in regards to digital assets like Bitcoin, EOS,and Initial Coin Offerings.
The Brexit conversation has bellowed warnings in regards to £29 trillion worth of futures contracts.
The economic experts in charge of making sure Brexit is done right, are warning lawmakers derivative contracts could become void if proper legislation is not put in place. The trading institutions of England and The European Union want business to go on as usual without any glitches when Brexit finally becomes a reality. A technical panel chaired by the Bank of England’s governor, Mark Carney, and the ECB’s president, Mario Draghi, have been given the task of making sure the laws associated with derivative contracts will be in place to provide protection for both sides of the breakup.
Crypto Stocks & Analysis
Big Blue, International Business Machines(IBM), is back in the headlines on the cutting edge of blockchain technology and its applications. The 21st money team has a watchful eye on this crypto powerhouse. IBM has always been at the forefront of technological achievements. It’s good to see big blue hasn’t given up the ghost and faded into obscurity, rather IBM is at the forefront of blockchain innovations. IBM has quietly gobbled up 35 companies over the last 3 years positioning itself as the premier provider of blockchain technology.
IBM has struggled in recent years posting 20 consecutive quarters of negative growth on their balance sheets. Big Blue appears to have begun its turn around, posting 2 solid quarters of continued revenue growth.
International Business Machines Corporation (IBM) Courtesy of Yahoo Finance
IBM stands out among the rest because of the tremendous growth opportunities associated with blockchain technology. IBM is already involved in more than 400 blockchain projects for a variety of prominent business entities including Dow, Walmart, HSBC, Nestle, and Visa. IBM is on the verge of introducing a blockchain based advertising system combined with the media giant Mediaocean’s digital advertising software. The anticipation of this new type of advertising solution has everyone buzzing about the like bees. IBM has recently patented a drone coffee delivery service that can deliver your next cup when you are most likely craving for it
IBM stock is currently trading at $145.24 at the time of writing. IBM has secured a top spot in blockchain solutions and may have no place else to go except up. Some analysts believe the IBM stock price could reach as high as $160 within the next 12 months. All of these factors in combination, create the perfect storm for IBM to be an exceptional investment opportunity.
This statement by Ginni Rometty, IBM CEO, says it all, “What the internet did for communications, blockchain will do for trusted transactions.” The evidence of IBM’s rise to prominence once again is due to Ginni Rometty’s vision. The 21st Money Team will keep this one in our sights.
This week's Biggest Winners in Cryptocurrencies
+61.17% TaTaTu (TTU) Started the week at $0.461 Ended the week at $0.743
+39.08% Dent (DENT) Started the week at $0.00188588 Ended the week at $0.00262278
+37.07% Ethfinex Nectar Token (NEC) Started the week at $0.205 Ended the week at $0.281
+36.71% Theta Token (THETA) Started the week at $0.0790 Ended the week at $0.108
+36.69% Byteball (GBYTE) Started the week at $57.49 Ended the week at $78.58
+32.41% Bitcoin Diamond (BCD) Started the week at $1.08 Ended the week at $1.43
+26.72% Monero Classic (XMC) Started the week at $1.31 Ended the week at $1.66
+25.15% CyberMiles (CMT) Started the week at $0.0839 Ended the week at $0.105
+24.63% Eidoo (EDO) Started the week at $0.682 Ended the week at $0.850
+21.57% iEx.ec (RLC0 Started the week at $0.357 Ended the week at $0.434
+20.83% Nano (NANO) Started the week at $1.92 Ended the week at $2.32
+19.84% Gas (GAS) Started the week at $4.89 Ended the week at $5.86
+15.79% Lisk (LSK) Started the week at $3.99 Ended the week at $4.62
+14.20% Nebulas Token NAS Started the week at $1.62 Ended the week at $1.85
+8.52% Skycoin (SKY) Started the week at $3.52 Ended the week at $3.82
Crypto Chart of the WeekTaTaTu (TTU) Chart courtesy of Coinlib
Heard Through the Grapevine
Upcoming ICOs and Events
Cryptov8 (CRV8) Sale Starts August 24 Sale Ends October 20 / A UK domiciled and authorised bank using blockchain technology to bridge the gap between cryptobanking and traditional banking products and services
Deliverers Power Token (DPT) Sale Starts August 24 Sale Ends November 24 / A decentralized platform which affords delivery drivers a greater ability to choose their jobs, a greater share of the revenue, and benefits typically given to full time employees
MDL Talent Hub (MDL) Sale Starts August 24 Sale Ends September 25 / Trustchain Platform for Talent Sourcing Industry
Sudan Gold Coin (SGC) Sale Starts August 24 Sale Ends September 30 / Allowing you to be able to invest your crypto-resources into the production and acquisition of a precious physical asset, GOLD, while multiplying your money and making it liquid in both the digital and physical world
C3C.Network (C3C) Sale Starts August 25 Sale Ends September 30 / Connecting Creators, Consumers & Advertisers
Clarity Project (CLRTY) Sale Starts August 25 Sale Ends November 25 / A future where the Clarity platform is on every business owner’s device
Kuende (KUE) Sale Starts August 25 Sale Ends September 30 / Using gamified challenges and blockchain technology, seeking to create a network that encourages dynamic, evolving and socially engaged communities that gather in the real world to share their specific interests in rewarding and fun ways
Vertix (VRX) Sale Starts August 24 Sale Ends September 29 / Allowing you to instantly change any cryptocurrency into fiat money and buy a product
Atlantico Network ((ATL) SAle Starts August 25 Sale Ends October 31 / An international decentralized blockchain platform for use in the medical and pharmaceutical industry, with support in development and scaling by ministries of health, public and private medical centers, and pharmaceutical manufacturers worldwide
Monetizr (MTZ) Sale Starts August 25 Sale Ends September 25 / The go-to platform for in-game economies
Patentico (PTO) Sale Starts August 25 Sale Ends October 25 / Creating an open, reliable and convenient platform for successful international commercialization of Intellectual Property
Rateonium (RTM) Sale Starts August 25 Sale Ends September 25 / A blockchain-based, anonymised customer-company review system operated via the Rateonium platform
Stattm Project (STTM) Sale Starts August 25 Sale Ends September 30 / A better decentralized cryptocurrency for instant, cheap & safe banking,and a everyday life marketplace for life's needs and requirements , a multi-purpose cryptocurrency
X-Block (IX) Sale Starts August 25 Sale Ends October 12 / The first global public chain built on the Fog computing framework, which aims at creating a user-friendly, convenient, and open light eco-blockchain
BitLumens (BLS) Sale Starts August 26 Sale Ends September 22 / Unlocking decentralized renewable energy solutions where users adopt PV systems to reduce carbon emissions and get access to lighting
Kvantor (KVT) Sale Start August 26 Sale Ends September 25 / Raising deals to new levels and providing freedom of movement between economic entities, going beyond traditional payment channels and eliminating intermediaries
Ronaldinho Soccer Coin (RSC) Sale Starts August 26 Sale Ends September 18 / Creating a key coin for the Soccer World
Alchemy (AFI) Sale Starts August 27 Sale Ends September 10 / A Blockchain Peer-to-Peer Lending Platform
Alluma (LUMA) Sale Starts August 27 Sale Ends September 27 / Institutional grade cryptocurrency exchange dedicated to the Emerging Markets
BitDouble (BDBL) Sale Starts August 27 Sale Ends November 15 / The first decentralized 3rd generation blockchain sports betting and casino platform.also you can hold or stake BDBL for daily interest up to 3% Using the smart blockchain technology, Bitdouble coin is one step ahead of other blockchain casinos, having developed the first playable Visa & secured wallet
Celes Chain (CCHN) Sale Starts August 27 Sale Ends October 27 / An innovative public chain driven by financial services/applications and providing access for regulators and policy makers
Cryptics (QRP) Sale Starts August 27 Sale Ends September 24 / AI Crypto Forecast and Trading Platform
EMI Foundation (EMI) Sale Starts August 27 Sale Ends October 3 / An Ecosystem of Medical Information
Kvantor (KVT) Sale Starts August 27 Sale Ends September 26 / Raising your deals to a new level and provides freedom of relations between economic entities, going beyond traditional payment channels and eliminating intermediaries
OpenAssets (OPA) Sale Starts August 27 Sale Ends September 30 / The crypto-community, is now divided into 4 large groups, ICO projects, investors, traders, and experts. These 4 groups will be integrated to connect to one service, for faster and more effective interaction between them
PayBlok (PBLK Sale Stars August 27 Sale Ends September 23 / A token aimed at solving small and medium size business cash-flow by offering an early payment function on top of the existing features within the InstaSupply platform, which is already supporting the trade of over 2300 businesses, and growing daily
Sansox (AQUA) Sale Starts August 27 Sale Ends September !0 / A complete solution provider within the water treatment industry
Vertex (VTEX) Sale Starts August 27 Sale Ends December 15 / An OTC platform offering tokens before they are listed on exchanges, the moment an ICO is over
VIDDO (VDT) Sale Starts August 27 Sale Ends September 30 / A Pay-Per-View video platform, which uses a proprietary business model "VIS" (Patent pending: 62671919) and a blockchain-based data management system to secure calculable income for everyone who uploads, consumes and shares content - from the very first video view/click
WatermelonBlock (WMB) Sale Starts August 27 Sale Ends October 1 / A data analytics company with a suite of products that provide cryptocurrency insights to the consumer FinTech market using a combination of sentiment analysis, taken from social media, in addition to traditional technical analysis.
Miner Edge (MET) Sale Starts August 28 Sale Ends November 11 / A Mining facility which is set-up in a tax-free and cold place; runs on government subsidized renewable energy at 4 cents/ kWH; mines all major currencies (ETH, BTC, LTC, DASH, XMR)
Noiz (NOIZ) Sale Starts August 28 Sale Ends September 30 / An AI+blockchain ad exchange network providing transparent data to all parties, ensuring optimized user experience & empowering social impact campaigns
pinmo (PMO) Sale Starts August 28 Sale End September 22 / A decentralized social media marketing network that helps advertisers to deliver ads content directly to allow users to post on their online social networks
Zue (ZUE) Sale Starts August 28 Sale Ends September 30 / Redefining the whole wellness industry by cryptonizing the platform with the global cryptographic token “ZUE”, powered by the Blockchain Technology
VolAir (VOL) Sale Starts August 29 Sale Ends October 29 / Bringing private jet charters & luxury lifestyle to the people
XAYA (CHI) Sale Starts August 29 Sale Ends October 10 / The Ultimate Blockchain Gaming Platform
Yamzu (YMZ) Sale Starts August 29 Sale ends September 29 / Determined to become a leading eSports tournament provider and host, one both affiliated with P2P (Peer to Peer) gaming as well as with significant regional and global tournaments
Bucky (BCC) Sale Starts August 30 Sale Ends November 29 / Providing a decentralized blockchain platform connected with a DHT/IPFS based P2P network that integrate content owners, individuals, celebs, models, advertisers, animation developers and application developers in entertainment and media content distribution and services
CRYPTTO (TTO) Sale Starts August 30 Sale Ends September 30 / Creating a world-class high-frequency crypto trading platform that provides: 1) Fully-automated trading strategies that make money in your crypto exchange account regardless of the market direction. 2) Intelligent and ultra-fast execution algorithms that improve execution prices and significantly reduce trading costs. 3) Proprietary trading signals based on market data statistical analysis, on-chain activity, news and social media sentiment analysis
Mix Rent (MIX) Sale Starts August 30 Sale Ends September 30 / Providing customers with a user-friendly platform to rent vehicles across the world
Procurean (PAN) Sale Starts August 30 Sale Ends September 15 / Decentralized Global Trade Network
Ternion (TRN) Sale Starts August 30 Sale Ends October 30 / Hybrid Crypto Exchange With A Fiat Gateway
Woolf (WOOLF) Sale Starts August 30 Sale Ends October 10 / The first fully accredited, borderless, blockchain-powered university
XchangeCoin (XCC) Sale Starts August 30 Sale Ends October 30 / Building a network of retail stores / kiosks that will allow users in Asia and Africa to change crypto into fiat at convenient XchangeCoin locations
4ARTechnologies (4ART) Sale Starts August 31 Sale Ends December 31 / A Global platform for artwork on the Ethereum blockchain
Bithemoth (BHM) Sale Starts August 31 Sale Ends October 1 / Making a huge impact in the blockchain world. The ecosystem will include: 1. A Decentralized Digital Asset Exchange 2. Enhanced and Revolutionary Security and Features 3. A complete Marketplace and Trading Platform 4. Fully supported ICO incubator 5. Dedicated Support Systems and Infrastructure 6. The Development of Brick and Mortar Locations
bZx (BZRX) Sale Starts August 31 Sale Ends September 7 / The first fully decentralized, peer-to-peer margin funding and trading protocol
Local Token Exchange (LTE) Sale Starts August 31 Sale Ends September 10 / Planning to capitalize on the growth of the market opportunity that exists for a multicoin P2P decentralised exchange
Medical Cannabis (MCC) Sale Starts August 31 Sale Ends September 30 / Innovation Driven Medical Technology using Cannabis for Treatment of Cancer, Multiple Sclerosis, Epilepsy, HIV/AIDS, Post-Traumatic Stress Disorder and many more chronic diseases
Orbs (ORBS) Sale Starts August 31 Sale Ends September 30 / A public blockchain acting as the production layer to complement Ethereum
Sentigraph (EMOT) Sale Starts August 31 Sale Ends October 1 / A system that provides predictive insights aimed at improving future events based on emotion data obtained by analyzing users’ reactions to a given event leveraging artificial intelligence (from IBM Watson), blockchain and Interplanetary File System (IPFS - p2p)
TrustBar (TSB) Sale Starts August 31 Sale Ends September 30 / A highly anticipated project that is creating a decentralized cryptocurrency exchange on the NEO platform
August 24 - 25 - Blockchain Technology Summit 2018 Shanghai, China
August 28 - Blockchain Summit Singapore
September 4 - 7 - ElixirConf 2018 Bellevue, Washington USA
September 5 - 6 - Asia Trading Summit 2018 Guangzhou Guangzhou. China
September 5 - 7 - Crypto Investment + ICO Summit Sydney, Australia
September 7 - 9 - ETH Berlin 2018 hackathon+workshops+talks Berlin, Germany
September 7 - 11 - 2018 CoinsBank Mediterranean Blockchain Cruise Taste Of Spain, France, Italy & Monaco
September 10 - 11 - Blockchain 2018 Seattle Conference Seattle, Washington USA
September 12 - 14 - BlockWorld 2018 Conference San Jose, California USA
September 12 - 13 - Ethereum Classic Summit Seoul, Korea
September 13 - 14 - Token Fest Boston, Massachusetts USA
September 14 - BlockchainUA Kiev, Ukraine
September 14 - 15 - Global Litecoin Summit San Francisco, California USA
September 14 - 16 - The Bitcoin, Ethereum & Blockchain Superconference II Dallas, Texas USA
September 15 - Crypto Expo Moscow, Russia
September 16 - Discover Blockchain Houston, Texas USA
September 18 - 20 - Consensus Marina Bay Sands, Singapore
September 19 - 22 - Nexus Conference Scottsdale, Arizona USA
September 20 - 21 - Blockchain in Oil and Gas Conference, Houston, Texas USA
September 21 - BitFest Conference Amsterdam, Netherlands
September 26 - Blockchain Live London, England
October 1 - 2 - SWELL Conference San Francisco, California USA (Special Guest Speaker - Bill Clinton)
October 8 - 10 - Blockchain East Summit And Trade Show New York, USA
October 9 - 10 - XBlockchain Summit Bali, Indonesia
October 15 - 16 - SolarTech Summit Porto, Portugal
October 17 - Financial Times Digital Health Summit New York New York USA
October 23 - Blockchain & Bitcoin Conference Malta Mellieha, Malta
October 30 - November 2 - Devcon IV in Prague Prague, Czech Republic
October 31 - November 2 - World Crypto Con Las Vegas, Nevada USA
November 1 - 2 - Malta Blockchain Summit St. Julian, Malta
November 28 - 29 - Blockchain Expo North America 2018 Santa Clara, California
November 29 - 30 - Monaco International Blockchain Forum Monaco
March 19 - 21, 2019 - Money20/20 Asia Singapore
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