Treat ’em nice

Your daily newsletter for March 7, 2019
Close to heart
“If you have only one smile in you give it to the people you love.
Maya Angelou
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Happy Thursday, ladies and gents! One more day to the weekend. Push through! 👍

Today in history (1936), Adolf Hitler broke the Treaty of Versailles by sending troops to the Rhineland, a demilitarized zone along the Rhine River in western Germany. 📝🙅‍♂️

In today's newsletter, we will be covering The Ethereum Foundation funding researchers at Columbia and Yale university, Swiss stock exchange SIX Group enabling trading support for an Amun Ethereum ETP and the Argentinian government to invest in early-stage blockchain startups backed by Binance Labs. Today, we also 2 special announcements, one by crypto.com, and another regarding a "Blockchain & Crypto Assets for Finance Professionals" workshop! 

Please don't forget to answer the polls down below too! It's a great way for us to interact with you all and hear what you have to say. 💭 Happy reading! 📚

Minimal action 😪
Over the last 24 hours, total market capitalization rallied slightly from ~$131.5 billion to ~$133 billion, with most coins either seeing gains or losses in the ~1-4% range. Notable mover of the day is once again Binance Coin (BNB), currently up ~13.5% for the day. 📈

BTC is currently trading at ~$3,900, up ~0.3% over yesterday. RSI level on the daily chart did not move at ~55, indicative of slight market indecisiveness. BTC is still trading above its 50-day EMA line on the daily chart. Overall, it was a relatively quiet day for BTC in the crypto markets. 😴


Helping you help me 😊
The Ethereum Foundation is funding researchers at Columbia and Yale university to compile a new smart contract programming language into the Ethereum Virtual Machine (EVM). 💰

The beneficiary of the grant is a smart contract R&D project called DeepSea, led by Professor Ronghui Gu, an assistant professor of computer science at Columbia, in collaboration with researchers at Yale.

Just in December 2018, the open source blockchain project Qtum awarded Professor Gu’s lab a $400,000 grant to fund the development of DeepSea. The new grant is part of the foundation’s fifth wave of financing, under the umbrella of the "Ethereum Foundation Grants Program", meant to support Ethereum 2.0 and Layer 2 scaling efforts.

Growing catalog 🙌
Swiss stock exchange SIX Group has enabled trading support for an Amun Ethereum ETP under the ticker symbol AETH. The product carries an annual management fee of 2.5% and is backed by Switzerland-based firm, Amun AG. 👍

The Amun Ethereum ETP is now the third cryptocurrency-based ETP to be listed on SIX exchange after the Amun Bitcoin ETP (under the ticker symbol ABTC) and the Amun Crypto Basket Index EPT (under the ticker symbol HODL) which tracks the top 5 crypto assets (BTC, ETH, XRP, BCH and LTC) in terms of market capitalization and liquidity. 😀

SIX Group also recently announced plans to launch a blockchain platform to speed up the trading of stocks and bonds later this year.

Argentinian aggression 💰
The Argentinian government will be investing in blockchain startups backed by Binance Labs and LatamEx. The Ministry of Production and Labor will match up to $50,000 for each Argentinian blockchain project, up to 10 blockchain projects each year for a period of 4 years, that receives funding from Binance Labs via the second season of its incubator program. 🤑

The investments will be made through a local blockchain accelerator called Founder Labs. This co-investment contract was signed after Binance Labs selected Buenos Aires as one of the hubs for season two of its incubator program.

Blockchain term of the day 🤓 - Initial Bounty Offering (IBO)
An Initial Bounty Offering or IBO is the limited-time process by which a new cryptocurrency is made public and distributed to people who invest time and skill into earn rewards in the new cryptocurrency, such as doing translation or marketing. Unlike an Initial Coin Offering where you can buy coins, an IBO requires more mental commitment from the receiver.

Special announcement 📢: Favorable crypto rates with crypto.com

Buy crypto at the best rates with crypto.com! Crypto.com's Vortex Trading Engine is now live! Prices have been enhanced so as to offer you the best execution prices possible with no fees and no markups! Too good to be true? Find out for yourself! 😄

Special announcement 📢: "Blockchain & Crypto Assets for Finance Professionals" workshop with Henri Arslanian

On the 16th March 2019, CoinMarketCap will be organizing a workshop conducted by PwC's Fintech and Crypto Leader for Asia, Henri Arslanian!

He will cover the essentials a financial services professional needs to know about cryptoassets and blockchain, such as how central bank-backed cryptoassets will change the value ecosystem and serve citizens, the ways financial institutions can start experimenting with the technology, regulatory stances of the various jurisdictions and the latest trends and developments in the global crypto scene that could disrupt the financial sector.

Don't miss out on this rare opportunity to learn from Henri himself. Register now for a 30% early bird discount!


Other news 📰
  • In the podcast, Tales from the Crypt, Twitter and Square CEO Jack Dorsey alluded to spending $10,000 per week on Bitcoin (BTC). 💰
  • The Eastern Carribean Central Bank (ECCB) is about to conduct a pilot for a blockchain-based central bank digital currency in preparation for a planned full roll out. 😀
  • U.S.-based startup VaultTel has launched a tiny cryptocurrency hardware wallet that sits in the SIM tray on mobile phones. 😲
Crypto calendar 📅

31 Mar  - U.S. SEC's initial decision on the NYSE Arca and Bitwise Asset Management's Bitcoin ETF application
5 Apr    - U.S. SEC's initial decision on the VanEck, SolidX and the Cboe BZX Exchange Bitcoin ETF application
TBA      - ICE's Bakkt Bitcoin Daily Futures Contract updated launch timeline

Catch the CoinMarketCap team at these community events! 🤝

4-8 Mar      - Hong Kong Blockchain Week 2019 (Hong Kong)
12-14 Mar  - Token2049 (Hong Kong)
23-24 Apr   - 3rd International Blockchain Life 2019 Asia (Singapore)
25-26 Apr   - Trescon World Blockchain Summit Taipei (Taipei, Taiwan)

Poll of the Day
How much do you agree with this statement: "I have been consistently buying crypto/ loading up my bags throughout this bear market" 💭
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Why or why not? Share with me in the polls! 😆
What you said
How much do you agree with this statement: "I will not support crypto exchanges that sell the personal data of its customers"

The average vote was a resounding 9. Proud of y'all, fam! 💪

"Why or why not?"

No problem if the users are completely aware of the implications, but generally a business that is willing to selling personal data is not good at transparency and explanation. - Agreed, if users are made aware its acceptable. However, notices should be reasonably visible. 👌
Is a direct violation of customers trust. - True. 
I look at life as if they already have all the info they need on me, I would be shocked if they didn’t, I like music, boobies, Star Wars, crypto and useless info. That’s my category, I’m happy 😊 - Hahaha, while it is true that they already know so much about you, I still find it unacceptable that they sell it without your notice. 😠
Better believe it! This begs the question: why do we support AWS, Google, IBM and Microsoft Azure? While they don't sell our information, they scrap it and use it and we give it to them freely. That needs to stop! - Well, part of it is to give users a better/ more customized experience. 
Privacy is a large part of its value! - True. 
Charging for a service and then selling your credentials for further gains.... shows you how much GDPR or any other such private data protection laws mean to such companies..... That aside it is just not right - Literally hitting you at every turn. 🤦‍♂️
Personal data = Private data; this data can be used to harm people! - It sure can. 
I need my privacy protected. - Always stay protected. 😉
Because this is far out of all ethical normality. If it is personal identifiable data of course. If not, then I would still not buy my crypto at the respective exchange. - Yes and it means that they aren't truly respecting customers. 😠
These are big bank practices - Yup.
I don't feel like there is much to be explained here, we're being invigilated all the time on the internet, don't need companies that handle our money to do that too. - While that is true, it still should be made known to customers what are data is being used for. There needs to be more transparency. 🤗
I don’t sign up for some company to disclose my personal data!! - Hell nahh.

Thank you all for reading! Catch you back here again tomorrow for your daily dose of crypto news! 💙
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