Crypto Daily News: Comment and Win SBIs Daily 7-11-18
Welcome to the Crypto Daily News Curator. Below you will find worthy news about cryptocurrency and the blockchain, especially the news coming out from the Asian Community. The goal is to spotlight the best of news about the cryptography community on Steemit.
Read, Comment and Win!
Leave a comment about one of the articles that you read and you will have a chance to earn 1 SBI (@steembasicincome).
I will pick up to 5 posts per day which have good content as WINNERS (I am looking for thoughtful analyses of an article and what your opinion of the piece).
If you're chosen, you will receive 1 share of sponsorship to #steembasicincome from me which will result in upvote from them for life on your postings. I hope this will encourage you to continue to post value-added content to the steemit community.
Be sure to follow me for daily updates.
Winners will be announced daily.
The News:
Blockchain Platform Kaleido Expands Into Asia Pacific
Source: BlockTribute
Link: https://blocktribune.com/blockchain-platform-kaleido-expands-into-asia-pacific/
Summary: Blockhain platform Kaleido has announced that it will be expanding its Blockchain Business Cloud in the Asia Pacific (APAC) region to meet surging demand for blockchain solutions among enterprises and governments.
Bitcoin is the best bet for cryptocurrency investors, says Wall Street trader
Source: CNBC
Link: https://www.cnbc.com/2018/07/10/bitcoin-is-the-currency-of-the-internet-wall-street-crypto-trader.html
Summary: Bitcoin is still the best bet for crypto investors as people are "functionally using" it, Bart Smith told CNBC.
Bitcoin, Cryptocurrency Funds Down 50% YTD. Lee's Dec. 31 Bitcoin Forecast Is Still $25K
Source: Forbes
Link: https://www.forbes.com/sites/chuckjones/2018/07/10/bitcoin-and-cryptocurrency-funds-are-down-50-ytd-lees-dec-31-bitcoin-forecast-is-still-25000/#4ed442c710f0
Summary: Hedge Fund Research, or HFR, has developed two indexes that track the performance of fund managers that invest in cryptocurrencies and blockchain technology. For the month of June, its cryptocurrency index dropped 23%, which puts it down 49% in the first half of the year. Its Blockchain index declined 22% in June and is also lower by 49% this year. So far in 2018, the two indexes moved lower in five of the six months with April being the only month with a positive return.
India may not ban cryptocurrency after all
Source: Quartz
Link: https://qz.com/1324595/instead-of-a-ban-india-may-turn-cryptocurrencies-into-a-commodity/
Summary: After months of uncertainty, there are indications that India may not, after all, opt for a blanket ban on virtual currencies. A finance ministry panel set up to study them may even suggest that they be treated as commodities.
Cryptocurrency Concept Is a 'Fallacy,' Says Finnish Central Bank Advisor
Source: Coindesk
Link: https://www.coindesk.com/cryptocurrency-concept-is-a-fallacy-says-finnish-central-bank-advisor/
Summary: Using digital currencies synonymously with the term cryptocurrencies, a paper published by the Bank of Finland and written by one of its advisors argues that cryptocurrencies aren't real forms of money.
South Korea’s Regulatory Evolution: Important Steps for Crypto Exchanges, ICOs and Blockchain
Source: [Coin Telegraph]https://cointelegraph.com/news/south-korea-s-regulatory-evolution-important-steps-for-crypto-exchanges-icos-and-blockchain)
Link: https://cointelegraph.com/news/south-korea-s-regulatory-evolution-important-steps-for-crypto-exchanges-icos-and-blockchain
Summary: South Korea’s relationship with the cryptocurrency industry has ebbed and flowed over the years. There has been a blanket ban on ICOs, set in September 2017, as well as strong rumours in January — that were eventually dismissed — that cryptocurrencies in their entirety would be banned.
Please share by posting a link of a newsworthy article that I may have missed coming from that day. If I like it, I'll upvote your post.
Yesterday's contributors and winners
Special thanks go out to @quochuy, a witness and avid developer of the Vietnamese Community for pointing out to me about the @Steembasicincome program.
Image created using the Canva iOS app.
Thank Mr @nuoctuong about reward!
Today I read this paper:
https://www.cnbc.com/2018/07/10/bitcoin-is-the-currency-of-the-internet-wall-street-crypto-trader.html
Bài báo nói về tiềm năng của tiền mã hoá, đặc biệt là bitcoin. Họ cho rằng đầu tư vào bitcoin là khoản đầu tư tốt nhất trong thị trường crypto. Nhưng tôi có một cách nhìn khác.
Chúng ta không thể phủ nhận vai trò của bitcoin đến thời điểm hiện tại, nó là đồng tiền mã hoá đầu tiên, nó là sản phẩm đầu tiên của công nghệ blockchain, nó là đồng tiền trung chuyển giữa các đồng tiền mã hoá khác. Tuy nhiên bitcoin có rất nhiều điểm yếu mà bản thân nó rất khó thay đổi:
Do vậy đối với riêng tôi, tôi công nhận vai trò của bitcoin cho đến hiện tại nhưng tôi sẽ không đầu tư dài hạn vào nó. Vì xét cả về tiềm năng tăng trưởng và yếu tố lợi nhuận bitcoin không bằng các đồng tiền khác. Dạo này chúng ta đọc rất nhiều thông tin tích cực liên quan đến bitcoin và các crypto khác, tuy nhiên các bạn nên cẩn thận với những tin tức tích cực này. Có thể chúng đang báo hiệu một đợt giảm giá mới cho thị trường crypto.
Take care!
You got a 63.05% upvote from @steembloggers courtesy of @minnowpond!
Chúc mừng @nuoctuong, bạn đã nhận được một upvote 60%. Tôi là con bot của cộng đồng Việt Nam trên Steemit. Tôi được tạo ra bởi nhân chứng @quochuy và được uỷ quyền, tín nhiệm bởi các thành viên Việt Nam, hôm nay tôi vote cho bài của bạn để ủng hộ bạn. Tôi hi vọng sẽ được thấy nhiều bài viết hay từ bạn.
Chúc bạn vui vẻ, và hẹn gặp lại một ngày gần đây.
I actually read all, but ill comment on the ones that picked my interest the most, just two of them, ive heard it of recent about India's ban on cryptocurrency, this post :
Says otherwose, India is actually trying to regulate the decentralised market not ban it as people are saying.
I still dont know what to say, for someone to say crypto is a fallacy in this present age is funny.
I do not win this time, should be like that, because a lot of times the winner will be the unjust. khakha
Looks like the number of players is still low, although your event is well known. This proves Steemit is still not the home of the Steemians, the Steemian log in Steemit with limited time. :(
As always, I leave 2 news and will write articles, otherwise it will be late. :)
https://www.investing.com/news/cryptocurrency-news/london-school-of-economics-introduces-online-course-on-crypto-1524332
Most of the news show optimism towards the bear market. I think it's the right time that we switch to other focus as the market may observe a significant downturn again before moving up. Generally, I'm bullish on the long-term, but for short-term, I would rather staying out of any trading activities.
@nuoctuong maybe something will change
You got a 46.10% upvote from @sleeplesswhale courtesy of @minnowpond!
Thank you.
Thank you.
Thank you.
Thank you.
Am grateful, thanks to you.
You're welcome, @botefarm ! I hope you swing by sometimes and comment on the news.
You got a 12.36% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @minnowpond! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server