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On today’s episode of Your Daily Crypto News, we take a look at the markets. Bitcoin is continuing to hang tough and fight toward $6700-$6800. Maybe tomorrow will be the day we break through $6800. In the news, ETHOS had a massive pump and dump based on the release of their Android app for the US, a huge trader in Amsterdam is getting into ETFs, Waltonchain will be releasing an authenticity traceability chip for high end fashion, Binance will be conducting its quarterly coin burn this month, Exchange volume up tremendously over the last 10 days, Pundi-X & NEM work together to release a POS system at the Japan Blockchain Conference & FunFair partners with Big Wave Gaming to begin entry into the Asian gambling market.

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Timestamps & Links:

3:24 ETHOS on CMC: https://coinmarketcap.com/currencies/ethos/

5:15 ETF: https://www.bloomberg.com/news/articles/2018-07-05/dutch-speed-trader-jumps-into-crypto-bets-spurned-by-regulator?utm_medium=social&utm_source=twitter&utm_campaign=socialflow-organic&utm_content=crypto

6:00 WTC: https://twitter.com/Waltonchain/status/1014826298181447680

6:52 BNB: https://www.icoexaminer.com/ico-news/binance-and-huobi-show-100-jumps-as-crypto-exchange-trading-volumes-demonstrate-signs-of-recovery/

7:34 Exchange Volume: https://twitter.com/MrCryptoIndia/status/1014884682419273728/photo/1?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1014884682419273728&ref_url=https%3A%2F%2Fwww.icoexaminer.com%2Fico-news%2Fbinance-and-huobi-show-100-jumps-as-crypto-exchange-trading-volumes-demonstrate-signs-of-recovery%2F

8:52 NPXS/XEM: https://twitter.com/BlockchainROK/status/1014865512457596930

11:09 FUNFAIR: http://casinobeats.com/2018/07/05/asian-focus-for-funfair-tech-and-big-wave-partnership/

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37 COMMENTS

  1. ETF's are probably a fit for big institutional funds that will be getting into the markets so it's good news for the overall market. Much better options for regular people sized bank accounts looking to get into the markets though. Stuff like KCS / COSS / BCO that pays out in a basket of coins is like a person being their own mutual fund. No 3rd party between the owner and assets in this case.

  2. The ETN in Amsterdam is great for the market liquidity. I also think fiat gateways at the end of the year will be the best thing to happen to this space. Hopefully decoupling the market from Bitcoin and letting coins show thier true price. It's all heading in the right direction!

  3. if that casino in china is big then has to be huge because in CT we have the biggest casino in the US. I can't recall if it is Foxwoods (has a concert area and a mall and everything, its own highway or Mohegan.

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