Daily Email Archive

Detach yourself from negativity

Your daily newsletter for March 27, 2019
“Health is the greatest possession. Contentment is the greatest treasure. Confidence is the greatest friend. Non-being is the greatest joy.
- Lao Tzu
Happy Wednesday ladies and gents! As you continue on your weekly grind, here's a reminder to fend off any negativity that comes your way today because ain't nobody got time for that. 🙅‍♂️ Okay, carry on! 😊

Today in history (1989), the first African American soap opera, "Generations" premiered on NBC-TV! It aired for a total of 475 episodes, from this day to 25 Jan 1991. 📺

In today's newsletter, we will be covering crypto exchange OKEx planning to launch a decentralized exchange, B3i raising $16 million and venture capital investor Tim Draper meeting with Argentina’s president. 

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! 📚

Quick recovery 🤕
Over the last 24 hours, total market capitalization bounced back from the previous day's dip from ~$137.5 billion to ~$141.2 billion, with most coins seeing gains in the ~2-5% range. Notable mover of the day is EOS (EOS), currently up ~10.8% for the day. 📈

BTC is back trading above the $4,000 mark at ~$4,050, with a ~2.3% gain for the day. While the bounce pushed it back above its 21-day EMA line on the daily chart, BTC still remains below the 50-day EMA line on the weekly chart which seems to be giving it significant resistance. 

Commitment to compliance 👍
Cryptocurrency exchange Binance has partnered with IdentityMind to to “improve existing data protection and compliance measures” for the exchange’s global operations. 🤝

IdentityMind provides cryptocurrency exchanges with a “real-time” platform to comply with know-your-customer (KYC) and anti-money laundering (AML) regulations worldwide to prevent fraud, and also helps them with client onboarding, transaction monitoring and case management solution.

Binance has in recent months been improving its compliance protocols after a report from Bloomberg last year claimed that their processes are “the industry’s least rigorous". 😲

Round 2 🤞
E-commerce giant Rakuten has been granted a license to relaunch a new crypto exchange, dubbed Rakuten Wallet. 📝

Rakuten Wallet is a subsidiary of Rakuten and replaces an exchange called Everybody’s Bitcoin Inc. that it acquired for $2.4 million last year.

Rakuten has also announced that it is ceasing the previous service at the end of this month and users can sign up for the new Rakuten Wallet service from April. 

Cryptocurrency mining equipment manufacturer Bitmain’s application for an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEX) has officially expired. ⌛

According to the HKEX’s website, Bitmain’s case has been moved to a group of “inactive” applications and is now labeled as "lapsed", six months after the company filed the prospectus on 26 Sept. 

The application drew global attention last fall as Bitmain disclosed a massive profit growth over the past several years. For instance, just for the first half of 2018, the mining giant brought home a net profit of nearly $1 billion, after having made over $1 billion in all of 2017. 🤑

Blockchain term of the day 🤓 - Second-layer solutions
A set of solutions built on top of a public blockchain to extend its scalability and efficiency, especially for micro-transactions or actions. Examples include: Plasma, TrueBit, Lightning Network, and more.

Special announcement 📢 - 'A 10-Year Perspective: From Genesis to Today' webinar with Karthik Iyer
Join us in our second webinar as Karthik shares the history on how the crypto space came to be. From the day Satoshi Nakamoto announced the first Bitcoin client on the P2P-Foundation website, to how everything transpired and evolved to its current state. Join us as he takes us in a trip back in time in the cryptoverse!  

Karthik Iyer is an ambassador for the P2P-Foundation, venture partner of Genesis Block NYC and CEO of BlockchainMonk!

The webinar will take place on 14th April 2019, 10pm Eastern Time (UTC-4) / 15th April 2019, 10am (GMT+8). But before all that good stuff, be sure to fill our the pre-webinar survey form here

Special announcement 📢 - CoinMarketCap Mobile App Beta Launch
Calling all CoinMarketCap crew... 🤙

We are soon going to be launching our new CoinMarketCap mobile app! If you are interested in participating in our private beta launch and help us test it, simply fill out the form here! What are you waiting for! 😀

Other news 📰
  • Luxury brand conglomerate LVMH, owner of the the Louis Vuitton label, is launching a blockchain to track luxury goods. 🤖
  • Developers behind privacy-oriented coin Grin are discussing to vote on a change to the hard fork roadmap. 🗳️
  • Singapore-based exchange DragonEx has reported that it has been hacked. 😲
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! 🤝

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 throughout this bear market"   💭
Why or why not? Share with me in the polls! 😆
What you said
"How much do you agree with this statement: "I like to talk to and teach my friends about crypto""

The average vote was a 8.

"Why or why not?"

It's a fascinating subject... always something new to talk about! - This space is so rapidly evolving. It's so darn exciting! 😀
I work at a kava bar kinda like a tea house, but lots of people coming by having great conversation and a few of us are into crypto so it’s always coming up, a lot of the time from me, I’m just so excited and don’t want anyone to miss the boat 🚣🏻‍♀️, I tell people, it IS coming back and everyone will be talking about it, start stacking little bit here and there aahhh I’m getting excited talking about it now, love y’all my cmc peeps 🤜🏻🤛 - Love you too! Glad that you're part of this revolution. Keep spreading the love if you continue to find value in all this! Meanwhile, us peeps here at CMC will continue to provide you with the best content possible. 👌🏻
Becuase knowledge is power and wealth; I want my network to be well off - Lift em up! 👐
Its the greatest invention ever made by man in history. Something that will outspace even the gold market and be considered as global Way of hedging funds - We can only hope! 🙏🏻
My friends always want to learn about new technologies, who am I to deny them wisdom? - Hahaha, bestow upon them those intelligence gains! 🤓
They do not want to hear it. - Hahaha I'm guessing they got burned in this bear market? 😅
We all need to pitch in. This is not going to automatically succeed. The least we can do is educate and encourage people we know to feel comfortable with a new, radically different technology. - Agreed. With more educational avenues sprouting up in this space, this is already happening. The whole idea of Bitcoin is pretty easy to get behind if one is properly educated about it. 😊
If and only if he/she have extra time to learn start from genesis block - True. Not many people have the time to thoroughly look into these things. That is why we here at CMC strive to produce bite sized information to help with this! Take for instance this newsletter: it helps people stay abreast with the whats what in the crypto space through easily consumable content! 😬
Of course yes! An informed society on blockchain the better for us all! - No doubt. 
Crypto is here - Definitely here to stay. 💪
I'm helping them become more aware as to the potential economic future of the world! - Good on you! Keep evangelizing! 🗣️
It's like talking politics - At times, it can be hahaha. 😂
We need to educate the masses about Blockchain Technology to achieve mass adoption sooner rather than later ! - It's a shared responsibility! 😀
If they are up for the geeky tech explanation I’ll go there, if it’s about disruptive business models, then there’s that, otherwise I’ll say, “it will take time to develop and when it’s ready you won’t know it’s working behind the scene, you won’t care how it works.” - I see. However, that's like saying "just trust me". I believe you would have to delve deeper in order to present a more convincing case. Perhaps you could equip yourself with some simple concise examples so as to present a strong case without boring them out. 👍
Everyone I talk to about cryptos brush it off especially if they know how far down the market is.... - It's perfectly natural for them to do so. Many people are too results-oriented. For this very same reason they would be blinded to see opportunity. 🤦‍♂️
Sometimes, because always repeating the same thing is not for me. - Diminishing returns too if you kept pushing it to the same person. 😅 
i do like to talk about crypto with people who are interested. - Definitely.
It's a two way street, I learn more then I teach - Teaching really helps with conceptualizing! I practiced that quite a bit in my college years. 🎓
Yes! I usually give newcomers 2 euro's worth of bitcoin to play around with. That is an easy (and cheap) way to start the conversation. Cheers! BTC Direct - Ooo that is a great way to help drive adoption! And yes, they would immediately be able to see and experience the power of the blockchain. ⚡
To educate them about the new revolution - Booyah! 😬
misconceptions about it. not seeing the value of blockchain and crypto. and yes, today it down, but it needs to develop. also some of them been scammed, it a real sore point, but in my honest opinion banks are by far a bigger scam. - Give it some time and let things run its course, and don't forget to buy the dip! (:

Thank you all for reading! Catch you back here again tomorrow for your daily dose of crypto news! 💙
See you again tomorrow!
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Positive vibes only ➕
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