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BitMax.io（BTMX.io）News Digest 2019 08 19
Major Headlines (Coindesk) Early Investors in Telegram Crypto See 400% Returns — But Buyers Risk It All Bitcoin’s Price is Up More Than $1K Since Bakkt Futures News This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank World Bank Sells $33.8 Million More of Its Private Ethereum Blockchai Bonds ‘Youngest Bitcoin Millionaire’ Willing to Stake it All on Metal Pay BitMEX Exchanges to Block Users in Hong Kong, Bermuda and Seychelles Crypto Exchange Binance Announces New Stablecoin Initiative TakeawayEarly Investors in Telegram Crypto See 400% Returns — But Buyers Risk It All • Telegram’s long-awaited blockchain, Telegram Open Network, is said to be scheduled to launch Oct. 31, but the yet-to-be-issued gram tokens are already trading in an unauthorized secondary market. • Telegram has yet to publicly or formally acknowledge the project, but investors in last year’s $1.7 billion token offering, widely publicized in the press, are selling their gram allocations via OTC desks, exchanges and special-purpose vehicles. • Purchasing tokens this way might be risky, investors warn, as Telegram specifically prohibited investors from re-selling their allocations under penalty of terminating the purchase contract. • Secondary buyers may end up with nothing. Bitcoin’s Price is Up More Than $1K Since Bakkt Futures News • Bitcoin has risen by $1,000 since Friday’s announcement by Bakkt exchange that it will be launching physically-settled bitcoin futures on Sept. 23. The price rise has neutralized the bearish setup on the intraday charts seen last week. • The gains could be extended further to $11,000, as the hourly chart is reporting a bullish continuation pattern. • The weekly chart continues to call a deeper pullback to $9,000 with key moving averages (MAs) producing a first bearish crossover since February. • A weekly close above $12,000 is needed for a complete bullish revival. This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank • Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. • This DAI strategy is increasingly common among ethereum-centric startups. • MakerDAO and Monolith are now collaborating to connect DeFi loans to a European Visa debit card. • Ether fans can spend crypto with a Visa debit card because Monolith liquidates designated funds on the back-end, providing the merchant with fiat. World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds • The World Bank raised another $50 million AUD ($33.8 million U.S.) by selling the “blockchain-operated debt instrument” (bond-i) • World Bank’s head of funding: “We are happy to see the continued, strong support and collaboration from investors and partners.The World Bank’s innovation and experience in the capital markets is key to working with our member countries to increase digitization to boost productivity in their economies and accelerate progress towards the Sustainable Development Goals.”. ‘Youngest Bitcoin Millionaire’ Willing to Stake it All on Metal Pay • Metallicus, the startup behind the peer-to-peer payments platform Metal Pay, received an undisclosed angel investment from the youngest bitcoin millionaire, Erik Finman. • Metal Pay has processed approximately $11 million in total payments from nearly 130,000 registered users across 38 states. • Finman staked a modest amount of bitcoin to finance the development of the banking and exchange ecosystem, he said, which currently holds approximately $2 million in crypto and fiat on the platform. BitMEX Exchanges to Block Users in Hong Kong, Bermuda and Seychelles • BitMEX has added three Bermuda, Hong Kong, and the Seychelles to its list of total trade access restrictions • “The increased involvement of regulators with all the major players in the industry is not only to be expected, it is to be welcomed. It is the mission of good regulators to ensure that honest citizens are not being cheated . . . For this reason, we have decided to restrict access to BitMEX for users in the jurisdictions in which HDR-affiliated employees and offices are located.” Crypto Exchange Binance Announces New Stablecoin Initiative • Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. • Binance said it’s seeking to create new partnerships with governments, enterprises and cryptocurrency and blockchain firms to assist the effort. • Binance co-founder Yi He :“We believe that in the near and long term, stablecoins will progressively replace traditional fiat currencies in countries around the world, and bring a new and balanced standard of the digital economy. We hope to achieve a vision, that is, to reshape the world financial system, allow countries to have more tangible financial services and infrastructures, protect their financial security and increase the economic efficiency of countries.” (All citations of the News Digest are taken from Coindesk.)
What is Pivot? How do I use it? How do I earn BTC? Answers inside.
What is Pivot? How do I use it? How do I earn BTC? Answers inside.
The next level of social media and cryptocurrency news aggregation is here and it’s called Pivot. Earn cryptocurrency by creating, reading and sharing content, like Steemit – only better. Pivot is one the largest and most successful digital investment and information exchange platform community in the world – but is being developed and used for much more than just cryptocurrency related information. The platform has already attracted major investors such as Binance Labs and Huobi. Some people are getting confused about what exactly this app is used for, how to earn PVT and if it is a scam or not. I am here to dispel the scam myths and explain how it works and why you should download the app. You can download the Pivot app from Apple and Android stores through this link www.pivot.one/app/invite_login?inviteCode=sdmaie (this is my invite link, simply search your relevant app stores for Pivot to find the app or scroll down below) HOW DO I EARN CRYPTO? HOW DOES IT WORK? Browse, create and read content to earn POWER which is distributed in PVT token every day. For example, if the system distributes 100,000 POWER each day and the user earns 1,000 POWER they receive 1% of the total pool. Distributions are reset every 24 hours. You can also earn PVT token by participating in predictions of sports events and cryptocurrency price fluctuations. WHY SHOULD I BE USING PIVOT? I HAVE FACEBOOK AND TELEGRAM? Pivot is growing massively every day. Because users are rewarded for creating, sharing and reading content it drives content creation and aggregation to new levels. Imagine being paid for your posts on social media? This is pivot. OK HOW DO I GET BITCOIN WITH PVT TOKEN? I WANT BANK! PVT token and the Pivot app are still really new. It will be listed on 10 exchanges in December. Between now and then you should earn as much PVT as possible while it’s still underground. When listed people will be flocking to this app, reducing the amount of potential earnings as PVT is distributed in proportion to your POWER earnings and the size of the community. HOW DO I USE IT? First you need to download the app (see below link) and create an account. Then browse the communities, follow related influencers, coins and platforms to fill your feed with the desired information. Click the READ POST button to earn your POWER for the day to receive your proportionate PVT token. Because the app is still fairly new and yet to hit mainstream you have the opportunity to develop a strong footing before it becomes harder to gain your followers. Participate in the predictions of cryptocurrency fluctuations or sports results to earn even more PVT token. Join the growing community and be a part of the next wave of social media and cryptocurrency news aggregation. It will become your one stop shop for news, investment related information and social media binges. You can also track your favourite coins with in depth analysis of the coins you are following such as the most recent and relevant news, posts relating to the token, capital data such as transaction volume distributions, capital flows, inflow history, large order monitoring, in depth details, current charts and more. You can download the Pivot app from Apple and Android stores through this link www.pivot.one/app/invite_login?inviteCode=sdmaie (this is my invite link) Or download here/search Pivot on app store. https://play.google.com/store/apps/details?id=top.pivot.community&hl=en_AU Thanks for reading! I hope I could clear up any questions you may have had. Still got more? Post below and I will try my best to answer them all. They are currently giving away tonnes of PVT in rewards and airdrops. Don’t miss out on this fantastic opportunity!
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