DAILY CRYPTOS ESPRESSO – 03 Jul 2019

Bitcoin quickly rebounds to $11,000 and seems to be shooting for $ 20,000. Most investors are holding.

Telegram is getting ready for a new public offering of its Gram which has already more than doubled in value compared to its initial offering value in March 2018.

The first Asia-Europe blockchain-powered shipment has been completed by an international consortium comprising the IT services arm of the Samsung Group, the Dutch bank ABN AMRO and the Port of Rotterdam.

UK authorities have approved the first crypto hedge fund: Prime Factor Capital.

The House of Representatives Committee on Financial Services wants Facebook to “immediately” cease development on Libra. They consider the new Facebook’s cryptocurrency a “rival” to US monetary policy and to the dollar itself. 

Cryptocurrencies & Markets

  • New Telegram Digital Asset Is Exploding in Price

    Live Bitcoin News    
    03 July 2019

    On July 10, Telegram will make available to the public its digital asset, the Gram, which was originally launched in March of 2018 as part of an Intial Coin Offering (ICO). At that time one Gram was valued just over $1.30. Now it it is worth $ 4. The March sale was one of the biggest in the history of crypocurrencies. So far, Telegram’s blockchain has managed to accumulate approximately $2 billion from “qualified investors.” The second sale will be different. Telegram has over 200 million users who will be able to purchase the coin directly on Liquid, the Japanese cryptocurrency exchange.

  • Mining

  • Exchanges, Trading & Payment Platforms

  • World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available on Bloomberg Terminal

    CoinTelegraph    
    03 July 2019

    Argento, a securitization firm from Luxembourg, and London Block Exchange (LBX) will issue a bitcoin-denominated bond, which will be regulated by the Financial Conduct Authority (FCA). They claim it is the world’s first genuine bitcoin (BTC) bond. 

  • Banks, Financial Institutions & Stablecoins

  • Mark Zuckerberg Is Taking a Huge Bullet for Crypto – But Why?

    CCN    
    03 July 2019

    The House of Representatives Committee on Financial Services just issued a letter to Mark Zuckerberg requesting that Facebook “immediately” cease development on Libra. The new Facebook’s cryptocurrency is considered a “rival” to US monetary policy and to the dollar itself.

  • Scams, Frauds, Hacks & Law

  • Blockchain & Crypto Applications

  • Big Blockchain, Crypto Firsts: Shipment Succeeds, UK Hedge Fund OKed

    Crypto News    
    03 July 2019

    The first Asia-Europe blockchain-powered shipment has been completed: from South Korea to the Netherlands. The delivery involves an international consortium comprising the IT services arm of the Samsung Group, the Dutch bank ABN AMRO and the Port of Rotterdam. In May 2019, Maersk and IBM successfully conducted a shipment from Rotterdam to Saudi Arabia. Another historical fact is that UK authorities have approved the first crypto hedge fund: Prime Factor Capital. The company needs to appoint an independent depository to provide oversight, cash flow reconciliation, and the safekeeping of assets.