'Fertile environment for blockchain': which bank will become the first decentralized and community-owned bank in the world?

'Fertile environment for blockchain': which bank will become the first decentralized and community-owned bank in the world?

ABRA predicts $50,000, Binance launches a decentralized bank in Malta, Tether hires Leonardo Real, Steve Cohen has invested Autonomous Partners, OKCoin launches a fiat-crypto exchange in the US, Chinese police seized $1.5 million in crypto, IRS joins J5 & other news

Malta is the fusion ground for traditional and blockchain finance now. A lot can happen in 3 short months.

Changpeng Zhao, CEO of Binance

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Is Binance – US Clash The Reason Why The Anonymous Beam & Grin Gained Over 80% This Week?

Privacy-oriented cryptocurrencies Beam (BEAM) and Grin (GRIN) have managed to increase in value substantially over the past few days. Most of the gains were made following Binance’s recent announcement that they will no longer allow US traders to use the exchange. Privacy-Focused Crypto On The Rise A few privacy-oriented cryptocurrencies have seen splendid increases throughout the past few days. Namely, these include Beam, Grin, and Monero (XMR). Let’s have a look at each one individually. Beam (BEAM) has increased by about 115% over the last 7 days. During the past 24 hours alone, the cryptocurrency is up more than 23%. BEAM prides itself as a cryptocurrency which allows completely private transactions without revealing the address or any other private information. Moreover, it also claims that users have complete control over their privacy. Another fairly popular cryptocurrency which is also oriented towards complete privacy is Grin. Over the past 7 days, GRIN is up about 82%, while also marking an impressive increase of about 12% on the day. Both Grin and Beam are based on the Mimblewimble protocol which became popular fairly recently. It relies on strong cryptographic primitives and it provides a framework for a blockchain which is centered around fungibility, privacy, and scalability. It’s also worth mentioning that what is perhaps the most popular privacy-oriented cryptocurrency out there, Monero (XMR), has also seen a notable price appreciation. It’s up about 17% during the last week. What’s Causing The Surge? As it’s always the case, determining the exact reason for the surge of those cryptocurrencies is rather challenging. However, there are a few things which need to be outlined. All of the mentioned coins are oriented heavily towards providing users with increased privacy. On June 14th, Cryptopotato reported that the world’s leading cryptocurrency exchange, Binance, will no longer allow traders from the US to trade on the platform. Looking at the chart shows that the majority of the gains in all of the three cryptocurrencies that we mentioned above are made exactly after this period. In other words, at times where the biggest cryptocurrency exchange is preparing to shut the door on US traders, we can see a notable surge in privacy-oriented cryptocurrencies. While Binance has also said that it’s working on an alternative for US traders, it will be a lot more limited compared to the currently existing solution. Hence, it could be that users are looking for increased privacy at times when the major exchange is looking to cut them out. On another note, it can’t be overlooked that Bitcoin (BTC) also surged quite a bit throughout the weekend. The cryptocurrency finally broke the $9,000 level, currently sitting at around $9,150. Big moves of the kind also tend to bring other altcoins up. However, the increase in Grin and Beam is a lot more notable compared to that of other major altcoins, which is perhaps a reason to consider Binance’s decision as a more likely cause of the surge. The post Is Binance – US Clash The Reason Why The Anonymous Beam & Grin Gained Over 80% This Week? appeared first on CryptoPotato.

Case For $60,000 Bitcoin Price As American Crypto Fans Face Hard Times

Bitcoin over $9,000, is the $60,000 Bitcoin in sight? Americans facing increasingly tough times as they are cut off from Binance and Bittrex delists loads more altcoins. Sources Bakkt - https://cointelegraph.com/news/bakkt-names-launch-date-for-bitcoin-futures-testing Addresses - https://www.coindesk.com/bitcoin-surpasses-1-million-daily-active-addresses-again?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20 Hong Kong https://www.nytimes.com/2019/06/16/world/asia/carrie-lam-hong-kong-protests.html Free Cryptocurrency Course - https://www.thecryptolark.org/ RECOMMENDED EXCHANGES & WALLETS GET FREE CRYPTO ABRA - GET $25 IN BTC - (US bank deposits or AMEX)- https://invite.abra.com/p9lwV0WqCR COINBASE - GET $10 Free Bitcoin on sign up! https://bit.ly/2zqeVfV LIQUID - GET $10 FREE QASH (verify & make $100 trade) - https://www.liquid.com?affiliate=Gtrf6wJG586147 TAKE YOUR SECURITY SERIOUSLY - GET A HARDWARE WALLET LEDGER NANO https://www.ledgerwallet.com/r/6877 TOP EXCHANGES BINANCE - #1 Crypto Exchange https://www.binance.com/?ref=10192350 BINANCE JE - BUY CRYPTO IN POUNDS & EURO https://www.binance.je/?ref=35019746 CERTIFIED CRYPTOCURRENCY BROKERAGE CALEB & BROWN - Brokerage - Trade OTC like the big guys https://bit.ly/2Feq8F6 LEARN TO TRADE AND MASTER CHARTS TRADER COBB 10% OFF CODE THELARK10 - https://tradercobb.com/?ref=169 SOCIAL MEDIA - These are my only accounts, beware of scammers! TWITTER twitter.com/TheCryptoLark FACEBOOK facebook.com/TheCryptoLark TELEGRAM GROUP t.me/thecryptolark TELEGRAM HANDLE @cryptolark STEEMIT steemit.com/@larksongbird D-TUBE d.tube/#!/c/larksongbird BACKGROUND ART BY Josie Bellini - https://josie.io/ PODCAST - find me on I-tunes "Crypto Waves" https://podcasts.apple.com/us/podcast/crypto-waves-the-crypto-lark-podcast/id1388849217 CONTACT E-mail thecryptolark@gmail.com with business or event enquiries. DISCLAIMER Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. This video may contain copyrighted material the use of which is not always specifically authorized by the copyright owner. Such material is made available for research or academic purposes. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, this video is distributed without profit, for research and educational purposes. Thanks for watching; please like, subscribe, and share if you found this useful! #bitcoin #crypto #ethereum #cryptocurrency #neo #elastos #litecoin #eos #ripple #ontology #monero #stellarlumens #cardano #nem #dash #ethereumclassic #vechain #tezos #zcash #dogecoin
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