Sunday, September 29, 2019

Daily analysis of cryptocurrencies 20190929(Market index 33 — Fear state)

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Venezuelan Central Bank Accused Of Laundering Bitcoin Obtained With Seized Mining Rigs
Venezuela’s central bank is being accused of laundering BTC and ether obtained from seized mining rigs. Recently, Purse.io’s head of support Eduardo Gomez took to Twitter to shed light on the illegal practice. Gomez said the Venezuelan government has been illegally seizing mining rigs to obtain Bitcoin and Ethereum. However, the government is caught in a situation with no clear outlet to unload the coins. Gomez continued, explaining that the central bank will be used to launder the funds.

The Congress Of The Republic Of Peru Shows Interest In Blockchain Technology
On Sept. 23, Congressman Francesco Petrozzi, president of the Science, Innovation and Technology Commission in Peru, spoke with Marco Esparza Montejo, the COO of Blockchain Life Solutions, about the potential of blockchain technology and the fourth industrial revolution applied in everyday reality. Esparza proposed the creation of an equivalent Blockchain Supervision at the Congress that would trace bad practices, propose funds to develop initiatives, put them in value and produce associated regulatory frameworks, among other things. He also proposed introducing digital training at schools, which includes not only learning to program but also seeing how it impacts on life.

Central Bank Of Brazil Wants To Use Blockchain Technology Starting In 2020
On Sept 24, Cointelegraph Brasil reported that the central bank of Brazil has decided to move away from its current payment system (Ted and Doc), which it considers slow and expensive. The new blockchain-based instant payment system should be launched by November 2020. The central bank hopes to connect more than 120 regulator-registered financial institutions and assure the availability of funds to the final beneficiary in real time, 24/7.

JPMorgan Says ICE Debuts; Positions’ Shakeout Likely Tanked Bitcoin
Bitcoin’s 20% drop earlier this week was likely fueled by the effect of Intercontinental Exchange Inc.’s new futures contracts and an unwinding of long positions, according to JPMorgan Chase & Co. Though the strategists led by Nikolaos Panigirtzoglou were quick to point out that the introduction of physically delivered futures was a further step to maturity for the market, they said it probably depressed prices. Numerous crypto-market watchers have cited lower-than-expected volumes for the ICE futures contract as a likely contributor to this week’s drop. Other suggestions included concern about difficulty getting U.S. approval for Bitcoin-related exchange-traded funds and pressure around technical levels.

Encrypted project calendar(September 29, 2019)

GAME/GameCredits: GameCredits (GAME) is expected to perform hard forks on September 29th at block height 2519999

Encrypted project calendar(September 30, 2019)

INS/Insolar: Insolar (INS) will be on September 30th
ERD/Elrond: Elrond (ERD) will conduct main network test on September 30th
NULS/NULS: The NULS team will plan to beta the ChainBOX in the third quarter.
CS/Credits: Credits (CS) will exchange tokens and bug rewards in the third quarter
QTUM/Qtum: Quantum Chain (QTUM) is expected to complete lightning network beta in the third quarter
XEM/NEM: New World Bank (XEM) will release mobile wallet and computer wallet in the third quarter
HC/HyperCash: hypercash (HC) will complete community management agreement in the third quarter

Encrypted project calendar(October 01, 2019)

HT/Huobi Token: The financial base public link jointly created by Firecoin and Nervos is expected to be open source in October.
RVN/Ravencoin: Ravencoin (RVN) Ravencoin will perform a hard fork on October 1.
SHND/StrongHands: StrongHands (SHND) SHND 1000: The 1st currency exchange event will be held on October 1.
ADA/Cardano: Cardano (ADA) plans to hold technical consensus meeting in Amsterdam on October 1st
XRC/Bitcoin Rhodium: Bitcoin Rhodium (XRC) will record account balance awards on October 1st
PPC/Peercoin: Peercoin (PPC) will perform Peercoin v0.8 (code tang lang) hard fork on October 1st

Encrypted project calendar(October 02, 2019)

BNB/Binance Coin: The 2019 DELTA Summit will be held in Malta from October 2nd to 4th. The DELTA Summit is Malta’s official blockchain and digital innovation campaign.
BTC/Bitcoin: The B.Tokyo 2019 conference will be held in Tokyo from October 2nd to 3rd.
CAPP/Cappasity: The Cappasity (CAPP) London Science and Technology Festival will be held from October 2nd to 3rd, when the Cappasity project will be attended by the Science and Technology Festival.

Encrypted project calendar(October 03, 2019)

ETC/Ethereum Classic: The 2019 Ether Classic (ETC) Summit will be held in Vancouver on October 3–4
ANT/Aragon: Aragon (ANT) is the AGP for the new mandatory community review period, with a deadline of October 3.

Encrypted project calendar(October 04, 2019)

KNC/Kyber Network: Kyber Network (KNC) will update the maxGasPrice parameter in the Kyber Network contract from 100 gwei to 50 gwei within 2 weeks after October 4.

Encrypted project calendar(October 05, 2019)

Ontology (ONT): Ony Ji will attend the blockchain event in Japan on October 5th and explain the practical application based on the ontology network.

Encrypted project calendar(October 06, 2019)

SPND/ Spendcoin: Spendcoin (SPND) will be online on October 6th

Encrypted project calendar(October 07, 2019)

GNO/Gnosis: Gnosis (GNO) will discuss the topic “Decentralized Trading Agreement Based on Ethereum” will be held in Osaka, Japan on October 7th. Kyber and Uniswap, Gnosis and Loopring will attend and give speeches.

Encrypted project calendar(October 08, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.

Encrypted project calendar(October 09, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.

Encrypted project calendar(October 10, 2019)

INB/Insight Chain: The Insight Chain (INB) INB public blockchain main network will be launched on October 10.
VET/Vechain: VeChain (VET) will attend the BLOCKWALKS Blockchain Europe Conference on October 10.
CAPP/Cappasity: Cappasity (CAPP) Cappasity will be present at the Osaka Global Innovation Forum in Osaka (October 10–11).

Encrypted project calendar(October 11, 2019)

OKB/OKB: OKB (OKB) OKEx series of talks will be held in Istanbul on October 11th to discuss “the rise of the Turkish blockchain.”

Encrypted project calendar(October 12, 2019)

BTC/Bitcoin: The 2019 Global Mining Leaders Summit will be held in Chengdu, China from October 12th to 14th.

Encrypted project calendar(October 14, 2019)

BCH/Bitcoin Cash: The ChainPoint 19 conference will be held in Armenia from October 14th to 15th.

Encrypted project calendar(October 15, 2019)

RUFF/RUFF Token: Ruff will end the three-month early bird program on October 15th
KAT/Kambria: Kambria (KAT) exchanges ERC20 KAT for a 10% bonus on BEP2 KAT-7BB, and the token exchange reward will end on October 15.
BTC/Bitcoin: The Blockchain Technology Investment Summit (CIS) will be held in Los Angeles from October 15th to 16th.

Encrypted project calendar(October 16, 2019)

BTC/Bitcoin: The 2019 Blockchain Life Summit will be held in Moscow, Russia from October 16th to 17th.
MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on the theme of “Technology Problem Solving and Testing IoT Devices” at the University of Southern California in Los Angeles on October 16.
ETH/Ethereum: Ethereum launches Istanbul (Istanbul) main network upgrade, this main network upgrade involves 6 code upgrades.
QTUM/Qtum: Qtum (QTUM) Qtum main network hard fork is scheduled for October 16.

Encrypted project calendar(October 18, 2019)

BTC/Bitcoin: The SEC will give a pass on the VanEck/SolidX ETF on October 18th and make a final decision
HB/HeartBout: HeartBout (HB) will officially release the Android version of the HeartBout app on October 18.

The BTC continued to shake yesterday and is still hovering around $8,200. In the past 24 hours, the net inflows of BTC funds exceeded $30 million, and the market inflows increased slightly. BTC tried again in the early morning to test the resistance of $8,400, but failed. Now it has withdrawn to the vicinity of $8,200. Looking at the 4-hour line, the rebound of BTC can weaken gradually. In the short term, it is difficult to have enough strength to break through upwards, and there may be further callbacks. The lower support level focuses on the $8,000 threshold first, and when it breaks through the support, it needs to be aware of the vicinity of $7,500. Operational aspects, back to $8400 can consider the deployment of an appropriate amount of empty orders, the spot side is not blindly operated for the time being, the heavier proposal to reduce the warehouse to less than 50% waiting for more suitable access opportunities.

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