🗞 Daily Crypto News, June, 11th💰

• P2P Markets Round-Up: Record Volume Across Canadian and Latin American Markets ;
• Bitcoin swoons 10% after news of South Korea crypto exchange hack, leading a broad cryptocurrency selloff ;
• Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments ;
• The Best Blockchain Platforms for Music Distribution ;
• Number of Women Eyeing Crypto Investing Doubled Since Start of Year ;
• Bitmex to VIPs: Bitcoin Won’t Replace Fiat, Just a ‘Useful Niche,’ Enthusiasts ‘Naive’
• 📑 Daily Crypto Calendar, June, 11th💰
• STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 P2P Markets Round-Up: Record Volume Across Canadian and Latin American Markets

In recent weeks, the peer-to-peer (P2P) bitcoin markets of several Latin American markets have produced record-breaking volume, with the Localbitcoins markets of Chile, Peru, and Venezuela producing all-time highs for trade volume in recent weeks when measured in local fiat currencies. The Canadian markets have also produced a dramatic spike in volume – recently setting new all-time highs for the number of bitcoins traded for CAD on Localbitcoins.

Read more & Source: https://news.bitcoin.com/p2p-markets-round-up-record-volume-across-canadian-and-latin-american-markets/

🗞 Bitcoin swoons 10% after news of South Korea crypto exchange hack, leading a broad cryptocurrency selloff

Coinrail, a relatively small South Korean cryptocurrency exchange, tweeted over the weekend that it was hacked, according to Google Translate.

Bitcoin fell more than 10 percent to a low of $6,647.33, its lowest since April 9, according to CoinDesk's bitcoin price index.

The decline followed a report on Friday from The Wall Street Journal that U.S. regulators are investigating potential price manipulation at four major cryptocurrency exchanges.

Read more & Source: https://www.cnbc.com/2018/06/10/bitcoin-tumbles-10-percent-after-news-of-south-korea-crypto-exchange-hack.html

🗞 Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments

In several countries throughout Africa, citizens are spending an average of 27 cents to top up their mobile airtime, and they're using a crypto token to do it.

That might sound strange to many in the crypto industry, since the vision of today's blockchains allowing the movement of millions of microtransactions across the globe has proven a challenging one to reach.

Read more & Source: https://www.coindesk.com/african-startup-ethereums-scaling-issues/

🗞 The Best Blockchain Platforms for Music Distribution

Problems with the music industry abound. That’s no secret. While the internet offers greater opportunities, it also hacks into artists’ profits. Sure, sites like YouTube and Vimeo give wannabe singers and musicians a chance to get their work in front of an audience. But they have to generate some pretty heavy traffic views in order to get any kind of compensation.

Read more & Source: https://nulltx.com/the-best-blockchain-platforms-for-music-distribution/

🗞 Number of Women Eyeing Crypto Investing Doubled Since Start of Year

Over the last six months, the amount of women considering an investment in cryptocurrencies has gone from 6% to 13%, reports City A.M. June 9.

The report was based on a market research conducted by a UK cryptocurrency exchange London Block Exchange, which shows that cryptocurrency is most popular with women in the millennial generation, one out of five of whom express a desire to invest.

Read more & Source: https://cointelegraph.com/news/number-of-women-eyeing-crypto-investing-doubled-since-start-of-year

🗞 Bitmex to VIPs: Bitcoin Won’t Replace Fiat, Just a ‘Useful Niche,’ Enthusiasts ‘Naive’

Bitcoin Mercantile Exchange (Bitmex) released proprietary research reportedly geared toward their VIPs. Researchers find bitcoin core’s (BTC) deflationary aspects interesting for speculation and as a “payment system,” but predict it will ultimately not usurp government paper, describing the BTC phenomenon as simply a “useful niche,” and those who “think Bitcoin would result in a more prosperous economic system” as “naive.” It’s a strange position to take as a bitcoin exchange.

Read more & Source: https://news.bitcoin.com/bitmex-to-vips-bitcoin-wont-replace-fiat-just-a-useful-niche-enthusiasts-naive/

Daily Crypto Calendar, June, 11th

• CrypStock Exchange

Combined Inter-Exchange Crypto Trading System. Token holders will be entitled to the profit share from our inter-exchange platform.

• Siacoin (SC)

OKEX will list SC/BTC, SC/ETH and SC/USDT pairs.

• World Blockchain Forum NY

"This two-day conference delves into the innovative possibilities of blockchain and disruptive technologies."

• Silent Notary (SNTR)

TopBTC lists SNTR with trading pairs SNTR/ETH and SNTR/BTC.

• Nexus (NXS)

CEO of Nexus, Ajay Ahuja, will be a panelist along side with Director of Marketing for NXS, Scott Bischoff.

• NKN (NKN)

NKN will open source their project 20 days ahead of schedule on June 11th, roadmap updates will also be released.

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-june-11th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

As predicted yesterday, the break out was imminent and occured. We are now testing the support line in red around 2.05$. We are a little in advance compared to the BTC to test our important support lines. So let's hope that this line will hold the drop because here also it is a long term support level and it could create a acceleration in the drop if we break it.

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