Stand up

Publikováno: 23.9.2019

CoinMarketCap Daily Newsletter Your daily newsletter for 23 September, 2019 Rise up “Our greatest glory is not in never falling, but in rising everytime we fall.” – Confucius Weekend dip Over the weekend, total market capitalization steadily dropped from $273 billion to to $263.2 […]

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Your daily newsletter for 23 September, 2019

Rise up

“Our greatest glory is not in never falling, but in rising everytime we fall.”

– Confucius

Weekend dip

Over the weekend, total market capitalization steadily dropped from $273 billion to to $263.2 billion, with most coins seeing losses in the ~2-6% range. 24-hour volume during that time averaged ~$51 billion.

BTC is currently trading at ~$9,990, down ~2.3% over the weekend. On the daily chart, BTC is currently testing its 100-day EMA support line and RSI is at ~41.2.

Getting physical

Bakkt's physically settled Bitcoin (BTC) futures trading has just launched on the Intercontinental Exchange (ICE), the first of its type to get the go-ahead from U.S. regulators.

Unlike the cash-settled trades of other exchanges with BTC futures, Bakkt's physically-settled contracts allow clients to receive BTC instead of its equivalent amount in fiat currency upon contract expiration.

Numerous speculators feel that the physically-settled futures trading symbolize a breakthrough for BTC and cryptocurrency's institutional acceptance.

A positive start

2 researchers have revealed Bitcoin (BTC)'s new lightning network's formal verification results. It showed credible specification that the underlying cryptography stacked together to make the payment structure work is reliable.

One researcher, The University of Edinburgh's Orfeas Lithos, confirmed that the "lightning network is as secure as Bitcoin".

However, despite the importance of the verification specification, it applies only to lightning network's code blueprint and not its software implementations.

Fight the fakes

Switzerland's University of St. Gallen is planning to partner with Swiss blockchain startup Block Factory to use blockchain technology to a fraud that has been rising internationally over the years, fake diplomas.

The blockchain-based test project allows for authenticity verification in a few seconds, instead of a few days.

Previous reports also revealed that Malaysia and Canada are also trying to use blockchain-based solutions to fight fake educational degrees in their countries.

Blockchain term of the day - Confirmations

A transaction is only confirmed when it is included in a block on the blockchain, at which point it has one confirmation. Each additional block is another confirmation. Different exchanges require a different number of confirmations to consider a cryptocurrency transaction final.

Special announcement - CoinMarketCap 'The Capital' Global Conference

You already know you've got a ticket on us if you can make your way to Victoria Theatre in Singapore! For the guys and gals looking for a little more than free, we've got you covered.

Check out our full-admission ticket, which includes free-flowing beverages so you stay #hydrated all day, fancy nibbles in the AM and PM, gourmet lunch, and exclusive access to The Capital's VIP after-party!

Also, here are all our wonderful media partners who will be at The Capital to amplify and support the inaugural event. It's going to be amaaaazing!

Other news

Facebook has purchased artificial intelligence-based chat-bot startup Servicefriend for digital wallet Calibra.
According to The Blockchain Transparency Institute's (BTI) latest market surveillance report, crypto exchanges Kraken and Coinbase are among the cleanest crypto exchanges in the industry.
The Portugal Tax Authority (PTA) recently announced that cryptocurrency trading and payments in crypto would not be subject to value-added tax (VAT).

Crypto calendar

23 Sept - ICE's Bakkt Bitcoin Daily Futures Contract launch

29 Sept - U.S. SEC's decision on the Wilshire Phoenix's Bitcoin and Treasury Investment Trust ETF application, under the NYSE Arca exchange (initial decision)

13 Oct - U.S. SEC's decision on the Bitwise Asset Management's Bitcoin ETF application, under the NYSE Arca exchange (final decision)

TBA - Justin Sun's lunch with Warren Buffett