✅ FERRUM NETWORK REVIEW UPDATE ✅
▶️ Read the full review at the following link: https://cryptocalibur.com/ferrum-network-review/
Updates:
• Total hard cap has been established at $1,120,000
• UniFyre OTC Wallet has been released
• Ferrum Network will offer 50% of the tokens as ERC-20 and 50% of BEP-2 tokens, with the token bridge in place. For the first 30 days after distribution there will be a 50% fee for converting BEP-2 to ERC-20, decreasing by 1.5% per day until the fee is eliminated.
• Ferrum Network and DAO Maker Announce Social Mining Partnership
• Ferrum Network is Joining Binance Chain!
• Information about all rounds has been released: Seed @ 40% bonus, Private @ 15% bonus, and Private @ 0% bonus
• Implemented the The Traction Based Reserve Model. Put simply, the model means decreasing the amount of tokens sold during the token offering, and locking percentage of unsold tokens in the Traction Based Reserve. But rather than simply releasing those tokens whenever we feel like it, the releases are conditioned on the network gaining utility and traction.
▶️ Read the full review at the following link: https://cryptocalibur.com/ferrum-network-review/
Updates:
• Total hard cap has been established at $1,120,000
• UniFyre OTC Wallet has been released
• Ferrum Network will offer 50% of the tokens as ERC-20 and 50% of BEP-2 tokens, with the token bridge in place. For the first 30 days after distribution there will be a 50% fee for converting BEP-2 to ERC-20, decreasing by 1.5% per day until the fee is eliminated.
• Ferrum Network and DAO Maker Announce Social Mining Partnership
• Ferrum Network is Joining Binance Chain!
• Information about all rounds has been released: Seed @ 40% bonus, Private @ 15% bonus, and Private @ 0% bonus
• Implemented the The Traction Based Reserve Model. Put simply, the model means decreasing the amount of tokens sold during the token offering, and locking percentage of unsold tokens in the Traction Based Reserve. But rather than simply releasing those tokens whenever we feel like it, the releases are conditioned on the network gaining utility and traction.
📈 Nestree In-Depth Review & Rating is online!
▶️ Read the full review at the following link: https://cryptocalibur.com/nestree-review/
Nestree is a mobile/desktop messenger service that incorporates blockchain technology and the native EGG token into its ecosystem in order to facilitate the building of reward based messaging communities. The team aim to improve on current P2P communication solutions, and solve the various issues that plague platforms which currently host large communities involved in the creation and consumption of content on a daily basis.
The messenger is specifically aimed at stakeholders who include admins, who manage and moderate communities, as well as content producers/consumers who directly add value to communities by either creating topics for discussion, and/or commenting and sharing content they view online. Advertisers who operate as content producers and specifically target all other stakeholders with the goal of advertising a product or service will also form an integral part of the Nestree ecosystem.
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 85%
Documentation | 80%
Development Roadmap | 80%
Business Model | 70%
Company & Team | 75%
Final Rating | 79%
Nestree is an intriguing project with a strong use case, as the majority of the activity conducted on various platforms such as Telegram, Reddit, Bitcointalk, and Patreon still needs to be synchronised and merged within an easy to use communications platform. A rewards based, fully featured messenger service makes good sense and the app is already developed with over 10,000 downloads. Most importantly, Nestree is not trying to compete with service providers such as Telegram, Whatsapp, and WeChat and will instead aim to integrate with them which helps to further strengthen their market strategy.
In addition, Nestree is a relatively low cap project when compared to other blockchain projects in the same sector and this helps the project to retain our interest in the face of some clear concerns. For example, outside of the core members, the team may be inexperienced, and there is a real difficultly in verifying the employment histories of the South Korean based team. As most members are on the young side, they will face serious challenges when working to establish Nestree internationally and much will depend on their ability to build partnerships, develop their user base, and manage their internal economy. Furthermore, with only 20% of the token supply available for the crowdsale, the wise management of the EGG tokens held in reserve is a prerequisite for maintaining both community trust, and the value of the EGG currency.
Having said that, Nestree is still an interesting project and there are a number of questions which remain unanswered but may help to increase the attractiveness of the project once addressed, these include the team’s stance on privacy and anonymity and how they plan to handle chat histories and user data. While more info on Nestree’s advisors and the venture funds backing the project will significantly help to improve legitimacy in the eyes of the Western crypto community. In short, Nestree is worth keeping an eye on, and may increase in attractiveness depending on the team’s more short term decisions.
▶️ Read the full review at the following link: https://cryptocalibur.com/nestree-review/
Nestree is a mobile/desktop messenger service that incorporates blockchain technology and the native EGG token into its ecosystem in order to facilitate the building of reward based messaging communities. The team aim to improve on current P2P communication solutions, and solve the various issues that plague platforms which currently host large communities involved in the creation and consumption of content on a daily basis.
The messenger is specifically aimed at stakeholders who include admins, who manage and moderate communities, as well as content producers/consumers who directly add value to communities by either creating topics for discussion, and/or commenting and sharing content they view online. Advertisers who operate as content producers and specifically target all other stakeholders with the goal of advertising a product or service will also form an integral part of the Nestree ecosystem.
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 85%
Documentation | 80%
Development Roadmap | 80%
Business Model | 70%
Company & Team | 75%
Final Rating | 79%
Nestree is an intriguing project with a strong use case, as the majority of the activity conducted on various platforms such as Telegram, Reddit, Bitcointalk, and Patreon still needs to be synchronised and merged within an easy to use communications platform. A rewards based, fully featured messenger service makes good sense and the app is already developed with over 10,000 downloads. Most importantly, Nestree is not trying to compete with service providers such as Telegram, Whatsapp, and WeChat and will instead aim to integrate with them which helps to further strengthen their market strategy.
In addition, Nestree is a relatively low cap project when compared to other blockchain projects in the same sector and this helps the project to retain our interest in the face of some clear concerns. For example, outside of the core members, the team may be inexperienced, and there is a real difficultly in verifying the employment histories of the South Korean based team. As most members are on the young side, they will face serious challenges when working to establish Nestree internationally and much will depend on their ability to build partnerships, develop their user base, and manage their internal economy. Furthermore, with only 20% of the token supply available for the crowdsale, the wise management of the EGG tokens held in reserve is a prerequisite for maintaining both community trust, and the value of the EGG currency.
Having said that, Nestree is still an interesting project and there are a number of questions which remain unanswered but may help to increase the attractiveness of the project once addressed, these include the team’s stance on privacy and anonymity and how they plan to handle chat histories and user data. While more info on Nestree’s advisors and the venture funds backing the project will significantly help to improve legitimacy in the eyes of the Western crypto community. In short, Nestree is worth keeping an eye on, and may increase in attractiveness depending on the team’s more short term decisions.
Upcoming ask me anything session with Raven Protocol!
The AMA will take place on July 28th, 2019 from 21:00 to 22:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Raven Protocol’s team who will answer your questions and listen to your feedback.
Full Review: https://cryptocalibur.com/raven-review/
-----------------------------------------------
🕞 COUNTDOWN 🕞
The AMA will take place in our Chat Room: @cryptocaliburchat
The AMA will take place on July 28th, 2019 from 21:00 to 22:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Raven Protocol’s team who will answer your questions and listen to your feedback.
Full Review: https://cryptocalibur.com/raven-review/
-----------------------------------------------
🕞 COUNTDOWN 🕞
The AMA will take place in our Chat Room: @cryptocaliburchat
🗞 Insider Newsletter #7 | July 28th, 2019 🗞
The market presents lots of uncertainty going forward. As we initially been able to bounce the $9,650 level that we mentioned in our market review a week ago, we’ve now lost the level again and revisited the old “buy the dip zone” that we had marked on our charts. So far it managed to form a higher low, but with the constantly decreasing volume there might be a chance that we will lose the level soon. In the event that we manage to reclaim the $9,650 level again, there might be good news for bulls. Read More
In The Spotlight
🇩🇪 German Regulators Approve $280 Million Ethereum Token Sale
🛩 Norwegian Air to accept bitcoin, opening crypto exchange
🙉 The IRS Is Tracking Down 10,000 Crypto Owners to Pay Back Taxes
🇺🇸 US Senate Schedules Another Hearing on Crypto Assets
🌍 Circle Moves to Bermuda to Expand Poloniex Exchange Internationally
👥 Coinbase Added 8 Million New Users in the Past Year
💰 Robinhood Raises $323 Million in Funding Round Led by DST Global
🏎 Mercedes Parent Firm is Building a Crypto Hardware Wallet for Cars
👋 Bye-Bye USA, Apple Legend Steve Wozniak Heads to Malta to Develop New Blockchain: Report
The DeFi Movement Gathers Pace
As the DeFi (Decentralized Finance) movement continues to pick up pace, a number of recent developments highlight that things are still just getting started. Projects such as Compound, Dharma, and DYdX allow people to engage in a host of digital asset based financial activities such as borrowing, lending, and margin trading, and are growing in popularity. While MakerDAO is a project that is attracting significant amounts of funds as ETH holders choose to lock up their holdings and engage in CDPs in order to generate DAI, with over $250 million currently being locked up in the MakerDAO protocol.
The Fluidity project aims to allow people to obtain leverage on real world assets by using the MakerDAO Multi-Collateral Dai (MCD) credit system, and to provide U.S. Treasury securities (Treasuries) as the underlying collateral in the MCD system. This brings the tokenization of real world assets a step closer and connects the DeFi sector with the world of traditional capital markets, and Fluidity’s Tokenized Asset Portfolio (TAP) has been designed to provide both a legally compliant and technically secure infrastructure that will allow the system to flourish.
The decline of the ICO market led to much doubt surrounding ETH’s ability to retain value and DeFi looks to stimulating the digital currency as we move towards Ethereum 2.0. The Ethereum network is the preferred solution for a large number of DeFi projects, and as the movement progresses, there is the real possibility that sources of collateral such as real estate, government backed bonds, and corporate bonds may also soon be incorporated. Germany’s financial regulator, BaFIN recently approved blockchain start-up project Fundament’s proposal to issue tokenized real-estate backed bonds that can be offered to a wide range of individual investors, and with the Fundament team gearing up to conduct a $280 million offering, the DeFi sector is moving towards its goal of attracting significant investment, and spawning a new digitally based, financial ecosystem.
CryptoCalibur Weekly Wrap-Up
☑️ Nestree In-Depth Review | Scored 79%
The market presents lots of uncertainty going forward. As we initially been able to bounce the $9,650 level that we mentioned in our market review a week ago, we’ve now lost the level again and revisited the old “buy the dip zone” that we had marked on our charts. So far it managed to form a higher low, but with the constantly decreasing volume there might be a chance that we will lose the level soon. In the event that we manage to reclaim the $9,650 level again, there might be good news for bulls. Read More
In The Spotlight
🇩🇪 German Regulators Approve $280 Million Ethereum Token Sale
🛩 Norwegian Air to accept bitcoin, opening crypto exchange
🙉 The IRS Is Tracking Down 10,000 Crypto Owners to Pay Back Taxes
🇺🇸 US Senate Schedules Another Hearing on Crypto Assets
🌍 Circle Moves to Bermuda to Expand Poloniex Exchange Internationally
👥 Coinbase Added 8 Million New Users in the Past Year
💰 Robinhood Raises $323 Million in Funding Round Led by DST Global
🏎 Mercedes Parent Firm is Building a Crypto Hardware Wallet for Cars
👋 Bye-Bye USA, Apple Legend Steve Wozniak Heads to Malta to Develop New Blockchain: Report
The DeFi Movement Gathers Pace
As the DeFi (Decentralized Finance) movement continues to pick up pace, a number of recent developments highlight that things are still just getting started. Projects such as Compound, Dharma, and DYdX allow people to engage in a host of digital asset based financial activities such as borrowing, lending, and margin trading, and are growing in popularity. While MakerDAO is a project that is attracting significant amounts of funds as ETH holders choose to lock up their holdings and engage in CDPs in order to generate DAI, with over $250 million currently being locked up in the MakerDAO protocol.
The Fluidity project aims to allow people to obtain leverage on real world assets by using the MakerDAO Multi-Collateral Dai (MCD) credit system, and to provide U.S. Treasury securities (Treasuries) as the underlying collateral in the MCD system. This brings the tokenization of real world assets a step closer and connects the DeFi sector with the world of traditional capital markets, and Fluidity’s Tokenized Asset Portfolio (TAP) has been designed to provide both a legally compliant and technically secure infrastructure that will allow the system to flourish.
The decline of the ICO market led to much doubt surrounding ETH’s ability to retain value and DeFi looks to stimulating the digital currency as we move towards Ethereum 2.0. The Ethereum network is the preferred solution for a large number of DeFi projects, and as the movement progresses, there is the real possibility that sources of collateral such as real estate, government backed bonds, and corporate bonds may also soon be incorporated. Germany’s financial regulator, BaFIN recently approved blockchain start-up project Fundament’s proposal to issue tokenized real-estate backed bonds that can be offered to a wide range of individual investors, and with the Fundament team gearing up to conduct a $280 million offering, the DeFi sector is moving towards its goal of attracting significant investment, and spawning a new digitally based, financial ecosystem.
CryptoCalibur Weekly Wrap-Up
☑️ Nestree In-Depth Review | Scored 79%
Telegram
CryptoCalibur Chat
Discussions about our picks & the market.
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Recap of the Raven Protocol AMA Session from the 28th of July, 2019
Stay informed!
➡️ Click for Recap ⬅️
Stay informed!
➡️ Click for Recap ⬅️
🗞 Insider Newsletter #8 | August 4th, 2019 🗞
The bulls managed to defend the lows and the market didn’t print a lower low last week. We’re now very close to print a higher high which will shift the market structure back into bullish. Having said that, we are currently visiting the previous SR flip zone for the first time in two weeks. If we manage to break this resistance, it will likely turn back into support when revisited.
If we don’t print a higher high here, we can simply reverse back into 9650 swing low level and bounce from that, but in that case, the uncertainty will be higher as the market structure would not have technically shifted into bullish. Read More
In The Spotlight
📈 Bitcoin.com to Launch an Exchange
📵 Buying Crypto With The Apple Card Violates Its Customer Agreement
💶 MoneyGram goes live with xRapid, using XRP
✅ South Korea Declares Partial ‘Regulation-Free’ Zone for Crypto Companies
🇺🇸 Americans Buying more Bitcoin Every Quarter Since Q1 2018
📝 Crypto Technology: IOTA to Become Officially Standardised
🏛 The SEC Set To Begin Running Bitcoin and Ethereum Nodes
😏 US Senator: Even If We Wanted To, We Couldn’t Ban Bitcoin
😍 UK’s Largest Newspaper: Bitcoin Supply Shock Could Trigger Massive Rally
Economic Developments Hint at a Bullish Crypto Future
The ongoing trade war between the United States of America and China rose to prominence again this week after US President Donald Trump proposed the imposition of a 10% tariff on approximately $300 billion worth of Chinese goods. The levy is set to come into effect on September 1; however, it may be discarded if China becomes more active in purchasing US agricultural products. At the same time, Bitcoin continues to outperform other more traditional assets and is currently fluctuating close to $10,000 while the United States stock market dipped below its 50-day moving averages as fears that the trade war may escalate begin to grow.
Earlier this week, the Federal Reserve cut interest rates for the first time in a decade, slicing 0.25% off the previous rate. The last time this was done was during the financial crisis of 2008 which acted as the backdrop for the birth of Bitcoin. The lowering of interest rates acts as a traditional method of stimulating spending in an economy, and a portion of the expected increased liquidity should flow into BTC. With increased uncertainty regarding traditional asset classes, Bitcoin can be expected to only increase in attractiveness to investors looking for a hedge from stock or commodity based investment vehicles.
News has also begin to spread that Walmart is considering launching a cryptocurrency. A new patent filing published by the U.S. Patent and Trademark Office (USPTO) outlines a proposal for a digital currency tied to one unit of a regular currency. As a result, the US retail giant could follow Facebook in launching a digital currency and these developments hint at the potential for a not so distant bullish future for the wider crypto markets.
CryptoCalibur Weekly Wrap-Up
📢 Had Raven Protocol over in our Chat Room for an AMA session | Recap
CryptoCalibur Weekly Wrap-Up
The bulls managed to defend the lows and the market didn’t print a lower low last week. We’re now very close to print a higher high which will shift the market structure back into bullish. Having said that, we are currently visiting the previous SR flip zone for the first time in two weeks. If we manage to break this resistance, it will likely turn back into support when revisited.
If we don’t print a higher high here, we can simply reverse back into 9650 swing low level and bounce from that, but in that case, the uncertainty will be higher as the market structure would not have technically shifted into bullish. Read More
In The Spotlight
📈 Bitcoin.com to Launch an Exchange
📵 Buying Crypto With The Apple Card Violates Its Customer Agreement
💶 MoneyGram goes live with xRapid, using XRP
✅ South Korea Declares Partial ‘Regulation-Free’ Zone for Crypto Companies
🇺🇸 Americans Buying more Bitcoin Every Quarter Since Q1 2018
📝 Crypto Technology: IOTA to Become Officially Standardised
🏛 The SEC Set To Begin Running Bitcoin and Ethereum Nodes
😏 US Senator: Even If We Wanted To, We Couldn’t Ban Bitcoin
😍 UK’s Largest Newspaper: Bitcoin Supply Shock Could Trigger Massive Rally
Economic Developments Hint at a Bullish Crypto Future
The ongoing trade war between the United States of America and China rose to prominence again this week after US President Donald Trump proposed the imposition of a 10% tariff on approximately $300 billion worth of Chinese goods. The levy is set to come into effect on September 1; however, it may be discarded if China becomes more active in purchasing US agricultural products. At the same time, Bitcoin continues to outperform other more traditional assets and is currently fluctuating close to $10,000 while the United States stock market dipped below its 50-day moving averages as fears that the trade war may escalate begin to grow.
Earlier this week, the Federal Reserve cut interest rates for the first time in a decade, slicing 0.25% off the previous rate. The last time this was done was during the financial crisis of 2008 which acted as the backdrop for the birth of Bitcoin. The lowering of interest rates acts as a traditional method of stimulating spending in an economy, and a portion of the expected increased liquidity should flow into BTC. With increased uncertainty regarding traditional asset classes, Bitcoin can be expected to only increase in attractiveness to investors looking for a hedge from stock or commodity based investment vehicles.
News has also begin to spread that Walmart is considering launching a cryptocurrency. A new patent filing published by the U.S. Patent and Trademark Office (USPTO) outlines a proposal for a digital currency tied to one unit of a regular currency. As a result, the US retail giant could follow Facebook in launching a digital currency and these developments hint at the potential for a not so distant bullish future for the wider crypto markets.
CryptoCalibur Weekly Wrap-Up
📢 Had Raven Protocol over in our Chat Room for an AMA session | Recap
CryptoCalibur Weekly Wrap-Up
Telegram
CryptoCalibur Chat
Discussions about our picks & the market.
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Last week CryptoCalibur had the pleasure to interview Dean van Dugteren 😁
Dean is the Founder & CEO of nOS, a decentralized operating system and dApp ecosphere connecting the legacy internet to the crypto frontier.
Get to know Dean: https://cryptocalibur.com/dean-van-dugteren/
Dean is the Founder & CEO of nOS, a decentralized operating system and dApp ecosphere connecting the legacy internet to the crypto frontier.
Get to know Dean: https://cryptocalibur.com/dean-van-dugteren/
🗞 Insider Newsletter #9 | August 18th, 2019 🗞
In our last newsletter, we were at a crucial point for Bitcoin’s short term price development. Back then, we were just about to make a higher high and shift the short term bearish market structure back into bullish.
Meanwhile, we did just that, and the price ran straight to our next zone of interest in which the bears showed their strength and pushed the price back down. On the way down, our middle level (the H12 breaker block) did not manage to hold us and we dived down into the $9,650 swing low level that we have talked about in the last newsletter. Fortunately, that level held perfectly and we bounced up from there in no time.
Now, our attention shifts back to the middle block (the H12 breaker block), which now might act as resistance. If we reject that, it’s likely that we dive straight into the last line of defence for bulls, as marked on our charts ($8,750 to $7,500). That area is crucial to hold, otherwise we’ll go a lot lower. Read More
In The Spotlight
🔥 Coinbase Custody acquires Xapo’s institutional business, becoming the world’s largest crypto custodian
🚀 Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month
📛 Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
💳 New Zealand legalizes salary payments in Bitcoin
📱 Samsung at Last Adds Bitcoin Support to Its Blockchain Phones
🇰🇷 South Korea’s ‘Bit-Island’ Jeju Announces New Blockchain Initiative
🚨 SEC launches action against crypto “guru” Reginald Middleton and his firm Veritaseum
✅ Over 5 Million Merchants Throughout Thailand Now Accept Zcoin Payments
🇨🇳 China: Shenzhen Special Economic Zone to Include Digital Currency Research
Physical and “Digital” Gold Primed to Trend Upwards
Despite dipping in value over the past seven days, the price of BTC continues to hover above $10,000, while gold prices are at their highest in 6 years. As we alluded to last time around, the growing economic uncertainty surrounding the ongoing trade war between the US and China, alongside poor stock market performance and the FED interest rate cut has left investors looking for alternative options.
Gold has long been viewed as a safe hedge against adverse economic conditions, and Bitcoin with its finite supply of 21 million coins, deflationary nature and value based on the laws of supply and demand, and innovative crypto economics has picked up the nickname of digital gold. Interestingly, Bloomberg has revealed that the correlation between Bitcoin and gold over the past year was at 0.496, and this has jumped to 0.837 within the last three months. Here, a coefficient of +1 indicates perfect correlation, and -1 complete non-correlation.
The spot price of 1 oz of gold has increased by close to 8% in the past 30 days to sit at just over $1,500, while Bitcoin was closing in on $12,000 and the performance of the precious metal is creating a bullish sentiment with analysts from the major finance houses making bullish calls while hedge fund activity has seen net long gold positions reach the highest level since July 2016. At the same time, Bakkt has confirmed that its Bitcoin futures and custody solution for institutional investors will launch towards the end of September, paving the way for renewed institutional activity and both physical and digital gold look set to continue to uptrend over the near future.
In our last newsletter, we were at a crucial point for Bitcoin’s short term price development. Back then, we were just about to make a higher high and shift the short term bearish market structure back into bullish.
Meanwhile, we did just that, and the price ran straight to our next zone of interest in which the bears showed their strength and pushed the price back down. On the way down, our middle level (the H12 breaker block) did not manage to hold us and we dived down into the $9,650 swing low level that we have talked about in the last newsletter. Fortunately, that level held perfectly and we bounced up from there in no time.
Now, our attention shifts back to the middle block (the H12 breaker block), which now might act as resistance. If we reject that, it’s likely that we dive straight into the last line of defence for bulls, as marked on our charts ($8,750 to $7,500). That area is crucial to hold, otherwise we’ll go a lot lower. Read More
In The Spotlight
🔥 Coinbase Custody acquires Xapo’s institutional business, becoming the world’s largest crypto custodian
🚀 Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month
📛 Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
💳 New Zealand legalizes salary payments in Bitcoin
📱 Samsung at Last Adds Bitcoin Support to Its Blockchain Phones
🇰🇷 South Korea’s ‘Bit-Island’ Jeju Announces New Blockchain Initiative
🚨 SEC launches action against crypto “guru” Reginald Middleton and his firm Veritaseum
✅ Over 5 Million Merchants Throughout Thailand Now Accept Zcoin Payments
🇨🇳 China: Shenzhen Special Economic Zone to Include Digital Currency Research
Physical and “Digital” Gold Primed to Trend Upwards
Despite dipping in value over the past seven days, the price of BTC continues to hover above $10,000, while gold prices are at their highest in 6 years. As we alluded to last time around, the growing economic uncertainty surrounding the ongoing trade war between the US and China, alongside poor stock market performance and the FED interest rate cut has left investors looking for alternative options.
Gold has long been viewed as a safe hedge against adverse economic conditions, and Bitcoin with its finite supply of 21 million coins, deflationary nature and value based on the laws of supply and demand, and innovative crypto economics has picked up the nickname of digital gold. Interestingly, Bloomberg has revealed that the correlation between Bitcoin and gold over the past year was at 0.496, and this has jumped to 0.837 within the last three months. Here, a coefficient of +1 indicates perfect correlation, and -1 complete non-correlation.
The spot price of 1 oz of gold has increased by close to 8% in the past 30 days to sit at just over $1,500, while Bitcoin was closing in on $12,000 and the performance of the precious metal is creating a bullish sentiment with analysts from the major finance houses making bullish calls while hedge fund activity has seen net long gold positions reach the highest level since July 2016. At the same time, Bakkt has confirmed that its Bitcoin futures and custody solution for institutional investors will launch towards the end of September, paving the way for renewed institutional activity and both physical and digital gold look set to continue to uptrend over the near future.
Telegram
CryptoCalibur Chat
Discussions about our picks & the market.
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
📈 Coinweb In-Depth Review & Rating is online!
▶️ Read the full review at the following link: https://cryptocalibur.com/coinweb-review-2/
Coinweb is a cross-blockchain platform which operates on a layer 2 protocol architecture to create connections across all blockchains, taking advantage of their security and scale, to enable blockchains to be more personal, connected and mainstream. Coinweb enables decoupling of transaction collation and execution between L1 chains (such as Bitcoin and Ethereum) and their embedded L2 chains to allow massive parallel scaling while improving security over existing platforms. The smart contract framework is declarative and allows cross block, cross chain execution. Coinweb also aims to provide a cross chain compatible human readable address system (dsDNS), akin to an email address, allowing send and receive tokens from names they recognize and trust, making the blockchain more personal, secure, universal and compatible.
With Coinweb’s Launch Pad, businesses can successfully get on the blockchain to launch their own end-to-end cryptocurrency and blockchain projects. The Launch Pad supports projects from initiation to post-launch growth, and offers in-house and third-party services, from seed funding and investor introductions, access to Coinweb’s advisory board and technical team, technical support and project planning, to access to third party suppliers, partners and contacts. The team is also seeking to launch their own native coin, XCO, which will be utilized for paying for names, the usage fees in smart contracts, and for the launch pad fees. XCO will also be used to pay for underlying transaction fees, so that end users do not have to keep balances in different currencies for the underlying chains.
✅ Review Rating ✅
Product | 80%
Use of Blockchain | 90%
Documentation | 80%
Development Roadmap | 75%
Business Model | 85%
Company & Team | 85%
Final Rating | 83% 🔥
There is definitely a need for a layer-2 solution to allow for the onboarding of users and traditional businesses onto blockchains. The dsLayer has a wider scope than the atomic swaps and cross blockchain crypto asset transfers that we’re used to. The dsLayer has direct access to the information in the underlying chains, which allows more direct merging of information, properties, and functionality from the underlying chains. It also removes significant scaling bottlenecks buy decoupling transaction collation and execution. The dsDNS is a nice solution, and what truly sets it apart from similar solutions is that fact that no consent is required from the underlying chains to connect the naming system to them. It maps down to the underlying hash addresses, thus no changes to the underlying chains are required.
“We already have agreements with six candidates which represent over $1 billion in book value and more than 100 million users, and the Launch Pad is led by the former MD of Cisco’s Incubator program, Tom Yoritaka.” This is a massive statement, and it would be great if Coinweb will release teasers on who the candidates. The team have informed us that since then, two more businesses have been onboarded and pilots will begin in Q4 2019. The team have been working in the background and securing partnerships, clients, and making the right moves towards commercialization.
The DEX is also nice feature to have, giving users the full ability to be able to send and purchase coins easily. Read More
▶️ Read the full review at the following link: https://cryptocalibur.com/coinweb-review-2/
Coinweb is a cross-blockchain platform which operates on a layer 2 protocol architecture to create connections across all blockchains, taking advantage of their security and scale, to enable blockchains to be more personal, connected and mainstream. Coinweb enables decoupling of transaction collation and execution between L1 chains (such as Bitcoin and Ethereum) and their embedded L2 chains to allow massive parallel scaling while improving security over existing platforms. The smart contract framework is declarative and allows cross block, cross chain execution. Coinweb also aims to provide a cross chain compatible human readable address system (dsDNS), akin to an email address, allowing send and receive tokens from names they recognize and trust, making the blockchain more personal, secure, universal and compatible.
With Coinweb’s Launch Pad, businesses can successfully get on the blockchain to launch their own end-to-end cryptocurrency and blockchain projects. The Launch Pad supports projects from initiation to post-launch growth, and offers in-house and third-party services, from seed funding and investor introductions, access to Coinweb’s advisory board and technical team, technical support and project planning, to access to third party suppliers, partners and contacts. The team is also seeking to launch their own native coin, XCO, which will be utilized for paying for names, the usage fees in smart contracts, and for the launch pad fees. XCO will also be used to pay for underlying transaction fees, so that end users do not have to keep balances in different currencies for the underlying chains.
✅ Review Rating ✅
Product | 80%
Use of Blockchain | 90%
Documentation | 80%
Development Roadmap | 75%
Business Model | 85%
Company & Team | 85%
Final Rating | 83% 🔥
There is definitely a need for a layer-2 solution to allow for the onboarding of users and traditional businesses onto blockchains. The dsLayer has a wider scope than the atomic swaps and cross blockchain crypto asset transfers that we’re used to. The dsLayer has direct access to the information in the underlying chains, which allows more direct merging of information, properties, and functionality from the underlying chains. It also removes significant scaling bottlenecks buy decoupling transaction collation and execution. The dsDNS is a nice solution, and what truly sets it apart from similar solutions is that fact that no consent is required from the underlying chains to connect the naming system to them. It maps down to the underlying hash addresses, thus no changes to the underlying chains are required.
“We already have agreements with six candidates which represent over $1 billion in book value and more than 100 million users, and the Launch Pad is led by the former MD of Cisco’s Incubator program, Tom Yoritaka.” This is a massive statement, and it would be great if Coinweb will release teasers on who the candidates. The team have informed us that since then, two more businesses have been onboarded and pilots will begin in Q4 2019. The team have been working in the background and securing partnerships, clients, and making the right moves towards commercialization.
The DEX is also nice feature to have, giving users the full ability to be able to send and purchase coins easily. Read More
Upcoming ask me anything session with Tellor!
Tellor is a Decentralized Oracle that provides the most secure solution for those that need high value off-chain data in their smart contracts. It provides the infrastructure for decentralized applications to bring off-chain data on-chain by properly incentivizing random miners to provide data. Binance Labs has invested in Tellor.
The AMA will take place on August 24th, 2019 from 15:00 to 16:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Tellor's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕐 Countdown
The AMA will take place in our Chat Room: @cryptocaliburchat
Tellor is a Decentralized Oracle that provides the most secure solution for those that need high value off-chain data in their smart contracts. It provides the infrastructure for decentralized applications to bring off-chain data on-chain by properly incentivizing random miners to provide data. Binance Labs has invested in Tellor.
The AMA will take place on August 24th, 2019 from 15:00 to 16:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Tellor's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕐 Countdown
The AMA will take place in our Chat Room: @cryptocaliburchat
AMA with Tellor will begin in 1 hour!
🕐 Countdown
The AMA will take place in our Chat Room: @cryptocaliburchat
🕐 Countdown
The AMA will take place in our Chat Room: @cryptocaliburchat
itsalmo.st
time for the AMA with Tellor!
itsalmo.st is a snazzy free countdown tool designed and developed by Type/Code. Create and share your own countdown to anything.
📈 EMX In-Depth Review & Rating is online!
▶️ Read the full review at the following link: https://cryptocalibur.com/emx-review/
EMX is a derivatives exchange that will offer retail investors and traders, as well as professional firms, access to a unified futures contracts platform using cryptocurrency as collateral without the need to convert crypto to fiat.
The trading instruments that will initially be available on their live exchange platform are Bitcoin, Ethereum, Tezos, Gold, US500 and EURUSD perpetual swaps, as well as BTC futures contracts. The team plans to expand the list of assets based on community feedback and demand, with a lot more instruments and features (which we’ll cover later in the review) ready to be added in the near future.
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 70%
Documentation | 90%
Development Roadmap | 85%
Business Model | 80%
Company & Team | 85%
Token Sale | 70%
Final Rating | 81%
There is no doubt that EMX is a very ambitious project, with no other projects having a similar approach. Is this because it’s too hard to become fully compliant with regulatory systems, or just due to the difficulty of bridging traditional assets with crypto assets? If the team manages to pull this off, it can potentially become one of the most used exchanges out there – but only time will tell. Luckily, they have the right team and advisors helping them achieve their goals.
The platform itself is not yet polished and is far from being finalized, but there’s a first step for everything, right? Having said that, we do have some recommendations for the team to take into consideration. We would like to see other types of orders being added as soon as possible, such as Iceberg Orders, Hidden Orders or Fill-or-Kill orders, mainly because those types of orders may attract more institutions or market-making firms to trade on their platform. Regarding the order panel, we would like to see an automatic risk management and position size calculator, similar to what cTrader provides on their platform. This would help all traders to better manage their risk and can prevent novice traders having to liquidate their investments. Lastly, TradingView charts are a must, in our opinion. They can be implemented the same way Binance did: a proprietary chart feed system with the ability to switch to the TradingView charts on the go.
Overall, EMX leaves a good impression for us. It remains to be seen whether or not the team can get the CFTC licensing and regulatory approvals – in our eyes, that’s the key factor deciding the future of the exchange.
▶️ Read the full review at the following link: https://cryptocalibur.com/emx-review/
EMX is a derivatives exchange that will offer retail investors and traders, as well as professional firms, access to a unified futures contracts platform using cryptocurrency as collateral without the need to convert crypto to fiat.
The trading instruments that will initially be available on their live exchange platform are Bitcoin, Ethereum, Tezos, Gold, US500 and EURUSD perpetual swaps, as well as BTC futures contracts. The team plans to expand the list of assets based on community feedback and demand, with a lot more instruments and features (which we’ll cover later in the review) ready to be added in the near future.
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 70%
Documentation | 90%
Development Roadmap | 85%
Business Model | 80%
Company & Team | 85%
Token Sale | 70%
Final Rating | 81%
There is no doubt that EMX is a very ambitious project, with no other projects having a similar approach. Is this because it’s too hard to become fully compliant with regulatory systems, or just due to the difficulty of bridging traditional assets with crypto assets? If the team manages to pull this off, it can potentially become one of the most used exchanges out there – but only time will tell. Luckily, they have the right team and advisors helping them achieve their goals.
The platform itself is not yet polished and is far from being finalized, but there’s a first step for everything, right? Having said that, we do have some recommendations for the team to take into consideration. We would like to see other types of orders being added as soon as possible, such as Iceberg Orders, Hidden Orders or Fill-or-Kill orders, mainly because those types of orders may attract more institutions or market-making firms to trade on their platform. Regarding the order panel, we would like to see an automatic risk management and position size calculator, similar to what cTrader provides on their platform. This would help all traders to better manage their risk and can prevent novice traders having to liquidate their investments. Lastly, TradingView charts are a must, in our opinion. They can be implemented the same way Binance did: a proprietary chart feed system with the ability to switch to the TradingView charts on the go.
Overall, EMX leaves a good impression for us. It remains to be seen whether or not the team can get the CFTC licensing and regulatory approvals – in our eyes, that’s the key factor deciding the future of the exchange.
🗞 Insider Newsletter #10 | August 25th, 2019 🗞
In our last newsletter, we mentioned the possibility of the middle level to act as resistance again. Unfortunately, that H12 breaker block in the middle of our charts flipped back into resistance, and we’re now chopping in a range without a short-term clear direction. It is crucial at this point to stay above the floor that we’ve established during July.
Failure to close above July’s floor will likely send us further down into our next zone of interest which is around $8,200 down to $7,700 levels. Anything below $7,500 should be considered a shift in market structure from high-timeframe perspective, and will likely be the start of a next bearish cycle. Read more
In The Spotlight
💌 IRS Sends New Round of Letters to Bitcoin and Crypto Holders
🏦 UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve
‼️ US SEC Issues Cease and Desist Against ICORating.com
🔥 Booking.com CEO Strongly Believes Cryptocurrencies Will Gain Mass Adoption
⚠️ $160+ million in Ethereum could flood the market from Plus Token Ponzi
🕴 IOTA Breaks into Retail Adoption with German Parking App
⬆️ MoneyGram Driving Major Increase in XRP Volume, Says Ripple Executive
✅ VeChain Champions Collabs With Multi-Billion Dollar Partners Walmart, BYD, DNG VL and BMW
Enterprise Blockchains Set To Stimulate The Next Adoption Wave
The recent confirmation that ICE’s Bakkt is set to launch in September has shifted focus towards the impact of institutional investing on the market. However, the next sustained uptrend may just as well be stimulated by enterprises choosing to adopt blockchain technology. In addition to Facebook, a raft of leading multinationals and commercial giants have proposed the idea of adding a digital currency to their line of products and services and Japanese e-commerce giant Rakuten has recently announced that it is launching a cryptocurrency exchange under the company’s Rakuten Wallet Inc. division, that will give its 1.3 billion customers access to Bitcoin, Ethereum and Bitcoin Cash.
At the same time, Amazon, Google, Walmart, and AirAsia are all rumoured to moving in the same direction and projects such as Quant, Unibright, LTO Network, and Morpheus Labs are quietly setting the groundwork for enterprises to incorporate Distributed Ledger Technology (DLT) into their regular workflows. Already established protocols such as Hyperledger, Corda, Quorum, Interledger, and Enterprise Ethereum are all providing solutions to innovative businesses, while Amazon via its Quantum Ledger Database and AWS Managed Blockchain service joins IBM and Oracle in operating Blockchain as a Service (BaaS) platforms.
Gartner projects the Software as a Service (SaaS) sector to continue its current rate of expansion and that global spending on enterprise software will reach $421 billion in the near future, while the current Tractica report estimates that enterprise blockchain revenue will surpass $20 Billion by 2025. This highlights the significance of the sector and that blockchain projects focusing on enterprise adoption will be at the forefront of the next wave of DLT adoption.
CryptoCalibur Weekly Wrap-Up
🔥 Coinweb In-Depth Review | Scored 83% (#2 on Top 10 List of upcoming listings)
🔥 EMX In-Depth Review | Scored 81% (#5 on Top 10 List of upcoming listings)
📢 Had Tellor over in our Chat Room for an AMA session | Recap
In our last newsletter, we mentioned the possibility of the middle level to act as resistance again. Unfortunately, that H12 breaker block in the middle of our charts flipped back into resistance, and we’re now chopping in a range without a short-term clear direction. It is crucial at this point to stay above the floor that we’ve established during July.
Failure to close above July’s floor will likely send us further down into our next zone of interest which is around $8,200 down to $7,700 levels. Anything below $7,500 should be considered a shift in market structure from high-timeframe perspective, and will likely be the start of a next bearish cycle. Read more
In The Spotlight
💌 IRS Sends New Round of Letters to Bitcoin and Crypto Holders
🏦 UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve
‼️ US SEC Issues Cease and Desist Against ICORating.com
🔥 Booking.com CEO Strongly Believes Cryptocurrencies Will Gain Mass Adoption
⚠️ $160+ million in Ethereum could flood the market from Plus Token Ponzi
🕴 IOTA Breaks into Retail Adoption with German Parking App
⬆️ MoneyGram Driving Major Increase in XRP Volume, Says Ripple Executive
✅ VeChain Champions Collabs With Multi-Billion Dollar Partners Walmart, BYD, DNG VL and BMW
Enterprise Blockchains Set To Stimulate The Next Adoption Wave
The recent confirmation that ICE’s Bakkt is set to launch in September has shifted focus towards the impact of institutional investing on the market. However, the next sustained uptrend may just as well be stimulated by enterprises choosing to adopt blockchain technology. In addition to Facebook, a raft of leading multinationals and commercial giants have proposed the idea of adding a digital currency to their line of products and services and Japanese e-commerce giant Rakuten has recently announced that it is launching a cryptocurrency exchange under the company’s Rakuten Wallet Inc. division, that will give its 1.3 billion customers access to Bitcoin, Ethereum and Bitcoin Cash.
At the same time, Amazon, Google, Walmart, and AirAsia are all rumoured to moving in the same direction and projects such as Quant, Unibright, LTO Network, and Morpheus Labs are quietly setting the groundwork for enterprises to incorporate Distributed Ledger Technology (DLT) into their regular workflows. Already established protocols such as Hyperledger, Corda, Quorum, Interledger, and Enterprise Ethereum are all providing solutions to innovative businesses, while Amazon via its Quantum Ledger Database and AWS Managed Blockchain service joins IBM and Oracle in operating Blockchain as a Service (BaaS) platforms.
Gartner projects the Software as a Service (SaaS) sector to continue its current rate of expansion and that global spending on enterprise software will reach $421 billion in the near future, while the current Tractica report estimates that enterprise blockchain revenue will surpass $20 Billion by 2025. This highlights the significance of the sector and that blockchain projects focusing on enterprise adoption will be at the forefront of the next wave of DLT adoption.
CryptoCalibur Weekly Wrap-Up
🔥 Coinweb In-Depth Review | Scored 83% (#2 on Top 10 List of upcoming listings)
🔥 EMX In-Depth Review | Scored 81% (#5 on Top 10 List of upcoming listings)
📢 Had Tellor over in our Chat Room for an AMA session | Recap
Telegram
CryptoCalibur Chat
Discussions about our picks & the market.
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
🗞 Insider Newsletter #11 | September 1st, 2019 🗞
Since our last update of the newsletter, we’ve visited and rejected our middle block once again shortly after publishing the article. After that rejection happened, we’ve immediately visited the bounce zone from July. We’ve successfully bounced it, but not with too much confidence, at least not yet. Another level that was proven to be significant was the $9,650 swing low level marked on red. That level acted as a clear Support and Resistance (SR) level so far and once again, we spent a few days below it without any closes above it. The weekly close is somehow relieving because we managed to close above that red line.
Analysing everything from a HTF view, we can notice the 21 Exponential Moving Average on the weekly timeframe acting as support for the whole bull run between 2015 and 2018 since the price never closed a week below it before 2018’s crash. Like always, the biggest resistance is $11,500 SR level that we mentioned in our last update, but it’s nice to see that we might have a chance to bounce to it soon and maybe finally break it and close above, if we hit the EMA.
Full Analysis ⚠️
In The Spotlight
👨🔬 Binance Funds 40 Developers to Build Open-Source Crypto Software
🇧🇷 1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments
🇵🇹 Portugal’s tax authority says crypto trading and payments are tax-free
🇩🇪 German Cabinet and Bundesbank Are in Close Communication on CBDC Issues
🔮 Binance: Futures Trading Platform to Launch in September
✈️ World’s Largest Aircraft Manufacturer Joins Hedera Hashgraph Council
✅ Bakkt Clients Can Start Warehouse Deposits on Sept. 6
🇮🇳 Nearly 10% of India’s richest investors are looking to increase allocation to cryptocurrency
Crypto Lending Continues To Gather Pace
As the DeFi (Decentralized Finance) movement continues to gather momentum, crypto lending is emerging as the sector’s principle driving force. There is currently close to $500 million worth of value locked up in the protocols provided by projects such as Maker, Compound, DyDx, and Nuo Network. While projects such as Nexo, BlockFi, and Celsius Network are also providing solutions that allow people to earn interest on their digital assets.
Earlier this week, Dharma announced the newest version of their lending protocol that facilitates both borrowing and saving at fixed interest rates, and also incorporates fiat on- and off-ramps that allow people to easily move in and out of crypto and fiat currencies. At the same time, cryptocurrency behemoth Binance announced its intention to muscle into the lending sector and began offering its users 14-day fixed term lending products tied to the BNB, USDT and ETC digital currencies.
The lending program comes with an individual and total subnoscription cap for each currency and is offered on a first come, first served basis with the exchange offering an annualized interest rate of 15% for BNB, 10% for USDT, and 7% for ETC. As we have seen numerous times, Binance is quick to innovate and incorporate any solution that adds value to the platform. This is a clear sign that the lending movement is gaining serious momentum and that we are still in the early stages of a blockchain sector that is set to grow substantially in value over the coming years. In addition, with the majority of DeFi projects being hosted on Ethereum, the sector will become also grow in significance as lending projects help the smart contract platform to retain much of its value ahead of the emergence of Ethereum 2.0.
Since our last update of the newsletter, we’ve visited and rejected our middle block once again shortly after publishing the article. After that rejection happened, we’ve immediately visited the bounce zone from July. We’ve successfully bounced it, but not with too much confidence, at least not yet. Another level that was proven to be significant was the $9,650 swing low level marked on red. That level acted as a clear Support and Resistance (SR) level so far and once again, we spent a few days below it without any closes above it. The weekly close is somehow relieving because we managed to close above that red line.
Analysing everything from a HTF view, we can notice the 21 Exponential Moving Average on the weekly timeframe acting as support for the whole bull run between 2015 and 2018 since the price never closed a week below it before 2018’s crash. Like always, the biggest resistance is $11,500 SR level that we mentioned in our last update, but it’s nice to see that we might have a chance to bounce to it soon and maybe finally break it and close above, if we hit the EMA.
Full Analysis ⚠️
In The Spotlight
👨🔬 Binance Funds 40 Developers to Build Open-Source Crypto Software
🇧🇷 1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments
🇵🇹 Portugal’s tax authority says crypto trading and payments are tax-free
🇩🇪 German Cabinet and Bundesbank Are in Close Communication on CBDC Issues
🔮 Binance: Futures Trading Platform to Launch in September
✈️ World’s Largest Aircraft Manufacturer Joins Hedera Hashgraph Council
✅ Bakkt Clients Can Start Warehouse Deposits on Sept. 6
🇮🇳 Nearly 10% of India’s richest investors are looking to increase allocation to cryptocurrency
Crypto Lending Continues To Gather Pace
As the DeFi (Decentralized Finance) movement continues to gather momentum, crypto lending is emerging as the sector’s principle driving force. There is currently close to $500 million worth of value locked up in the protocols provided by projects such as Maker, Compound, DyDx, and Nuo Network. While projects such as Nexo, BlockFi, and Celsius Network are also providing solutions that allow people to earn interest on their digital assets.
Earlier this week, Dharma announced the newest version of their lending protocol that facilitates both borrowing and saving at fixed interest rates, and also incorporates fiat on- and off-ramps that allow people to easily move in and out of crypto and fiat currencies. At the same time, cryptocurrency behemoth Binance announced its intention to muscle into the lending sector and began offering its users 14-day fixed term lending products tied to the BNB, USDT and ETC digital currencies.
The lending program comes with an individual and total subnoscription cap for each currency and is offered on a first come, first served basis with the exchange offering an annualized interest rate of 15% for BNB, 10% for USDT, and 7% for ETC. As we have seen numerous times, Binance is quick to innovate and incorporate any solution that adds value to the platform. This is a clear sign that the lending movement is gaining serious momentum and that we are still in the early stages of a blockchain sector that is set to grow substantially in value over the coming years. In addition, with the majority of DeFi projects being hosted on Ethereum, the sector will become also grow in significance as lending projects help the smart contract platform to retain much of its value ahead of the emergence of Ethereum 2.0.
Telegram
CryptoCalibur Chat
Discussions about our picks & the market.
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
📈 Orion Protocol In-Depth Review & Rating is online!
▶️ Read the full review at the following link: https://cryptocalibur.com/orion-protocol-review/
Orion is a comprehensive blockchain trading and investment platform that combines trading, portfolio management, and wallet functionality, and also provides access to the most beneficial features of both centralized and decentralized exchanges, brokerages, and instant trading apps. The platform is powered by a liquidity aggregator which connects to all exchanges, while the Protocol is also comprised of a central order matching engine which other features including a range of dApps, price feeds, crypto indexes, a portfolio manager, a multi currency wallet, and a shared liquidity pool all connect to.
The Protocol allows anyone to trade cryptocurrencies at the best prices from one account, and does away with the need to retain separate accounts on different cryptocurrency exchanges, as the built-in liquidity aggregator connects the user to different exchanges and automatically obtains the best spot price for trading in any supported cryptocurrencies.
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 100%
Documentation | 80%
Development Roadmap | 80%
Business Model | 70%
Company & Team | 85%
Token Sale | 75%
Final Rating | 82% (#4 on Top 10 List)
Orion Protocol is still relatively unknown; however, the project has a solid use case and addresses some significant issues that still affect the crypto trading industry. Orion synchronises a variety of trading and investing activities and simplifies the process for the majority of participants. The project is also operating in a lucrative sector and core features including the trading terminal, liquidity aggregator, and open exchange API, have already been completed. As a result, the terminal allows users to connect their cold wallets using popular browser extensions such as MetaMask and Waves Keeper, and the Universal Trading API allows Orion to currently connect to Binance, Bittrex, and Poloniex, as well as Waves DEX, Switcheo, and IDEX.
The team have also moved to publicize their token vesting schedules, and have also introduced a toll bridge mechanism which sees any token sales by seed round participants subject to at least a 50% fee within the first couple of months of the TGE. However, the full details of their seed and private sale rounds are still unclear, and this information helps potential tokensale participants to gauge the attractiveness of the public sales. The team can also produce a projected burn rate to improve transparency; however, the project is made up of a strong team with blockchain industry specific experience with senior members coming from Waves, Holochain, and Bounty0x, while CEO Alexey Koloskov is the chief architect and creator of the Waves decentralised exchange.
As a result, the team looks strong enough to execute successfully, and the token economy looks to be comprehensive, and aspects such as token burns, buybacks, staking, and the tool bridge should help the ORN token to retain value. Like any blockchain project Orion will eventually live or die depending on the team’s ability to ensure adoption, and the platform’s reliability and stability will be on display during the ICO as it will be possible to deposit BTC, ETH, BCH, LTC, DASH and WAVES to the platform in order to buy ORN tokens. A smooth ICO will go a long way to generating positive sentiment around the team’s ability to execute and will provide Orion with its first set of passionate users who should continue to use the platform. Orion Protocol is an intriguing project with the possibility to gain widespread usage in the crypto community and is definitely worth keeping an eye on.
▶️ Read the full review at the following link: https://cryptocalibur.com/orion-protocol-review/
Orion is a comprehensive blockchain trading and investment platform that combines trading, portfolio management, and wallet functionality, and also provides access to the most beneficial features of both centralized and decentralized exchanges, brokerages, and instant trading apps. The platform is powered by a liquidity aggregator which connects to all exchanges, while the Protocol is also comprised of a central order matching engine which other features including a range of dApps, price feeds, crypto indexes, a portfolio manager, a multi currency wallet, and a shared liquidity pool all connect to.
The Protocol allows anyone to trade cryptocurrencies at the best prices from one account, and does away with the need to retain separate accounts on different cryptocurrency exchanges, as the built-in liquidity aggregator connects the user to different exchanges and automatically obtains the best spot price for trading in any supported cryptocurrencies.
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 100%
Documentation | 80%
Development Roadmap | 80%
Business Model | 70%
Company & Team | 85%
Token Sale | 75%
Final Rating | 82% (#4 on Top 10 List)
Orion Protocol is still relatively unknown; however, the project has a solid use case and addresses some significant issues that still affect the crypto trading industry. Orion synchronises a variety of trading and investing activities and simplifies the process for the majority of participants. The project is also operating in a lucrative sector and core features including the trading terminal, liquidity aggregator, and open exchange API, have already been completed. As a result, the terminal allows users to connect their cold wallets using popular browser extensions such as MetaMask and Waves Keeper, and the Universal Trading API allows Orion to currently connect to Binance, Bittrex, and Poloniex, as well as Waves DEX, Switcheo, and IDEX.
The team have also moved to publicize their token vesting schedules, and have also introduced a toll bridge mechanism which sees any token sales by seed round participants subject to at least a 50% fee within the first couple of months of the TGE. However, the full details of their seed and private sale rounds are still unclear, and this information helps potential tokensale participants to gauge the attractiveness of the public sales. The team can also produce a projected burn rate to improve transparency; however, the project is made up of a strong team with blockchain industry specific experience with senior members coming from Waves, Holochain, and Bounty0x, while CEO Alexey Koloskov is the chief architect and creator of the Waves decentralised exchange.
As a result, the team looks strong enough to execute successfully, and the token economy looks to be comprehensive, and aspects such as token burns, buybacks, staking, and the tool bridge should help the ORN token to retain value. Like any blockchain project Orion will eventually live or die depending on the team’s ability to ensure adoption, and the platform’s reliability and stability will be on display during the ICO as it will be possible to deposit BTC, ETH, BCH, LTC, DASH and WAVES to the platform in order to buy ORN tokens. A smooth ICO will go a long way to generating positive sentiment around the team’s ability to execute and will provide Orion with its first set of passionate users who should continue to use the platform. Orion Protocol is an intriguing project with the possibility to gain widespread usage in the crypto community and is definitely worth keeping an eye on.
Upcoming ask me anything session with EMX!
EMX is a derivatives exchange that will offer retail investors and traders, as well as professional firms, access to a unified futures contracts platform using cryptocurrency as collateral without the need to convert crypto to fiat.
📑 In-Depth Review 📑
The AMA will take place on September 8th, 2019 from 17:30 to 18:30 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with EMX's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕐 Countdown 🕐
The AMA will take place in our Chat Room: @cryptocaliburchat
EMX is a derivatives exchange that will offer retail investors and traders, as well as professional firms, access to a unified futures contracts platform using cryptocurrency as collateral without the need to convert crypto to fiat.
📑 In-Depth Review 📑
The AMA will take place on September 8th, 2019 from 17:30 to 18:30 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with EMX's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕐 Countdown 🕐
The AMA will take place in our Chat Room: @cryptocaliburchat
🤩 The AMA with EMX will begin in 10 minutes. Stay tuned and prepare your questions! 🤩
🗞 Insider Newsletter #12 | September 9th, 2019 🗞
Once again, we can see how significant our SR levels drawn on our charts are. To read the full analysis and see the charts, check out the full newsletter.
In The Spotlight
🚀 Bitcoin Primed for Parabola After $14,000, Says Analyst
⚠️ 100M XRP Has Just Been Transferred to Former Ripple CTO
✅ Binance creates NYDFS-approved US dollar stablecoin ahead of US launch
👥 Bakkt Warehouse Launches Deposits and Withdrawals as Planned
✈️ Telegram Finally Releases Code for Its $1.7 Billion TON Blockchain
📑 VanEck, SolidX to Offer Bitcoin ETF-Like Product to Institutions
💳 Bitcoin Adoption: Burger King Enables BTC Payment in Germany
✅ PwC Luxembourg to accept bitcoin payments starting in October
The Tokenization of Physical Assets Gains Further Validation
In the ninth edition of our newsletter, we alluded to the potential for both Gold and Bitcoin to continue to uptrend and outlined their direct growing correlation. Earlier this week, Paxos Trust Company announced the launch of PAX Gold (PAXG), an ERC-20 token which is redeemable for physical gold. PAXG acts as an asset-backed digital token, with each token backed by one fine troy ounce of London Good Delivery gold, and while the reserves are stored in London vaults, PAXG token holders actually own the physical gold which underlies the token. To keep reading head on over to our website.
CryptoCalibur Weekly Wrap-Up
🔥 Orion Protocol In-Depth Review | Scored 82% (#4 on Top 10 List of upcoming listings)
📢 Had EMX over in our Chat Room for an AMA session | Recap
Once again, we can see how significant our SR levels drawn on our charts are. To read the full analysis and see the charts, check out the full newsletter.
In The Spotlight
🚀 Bitcoin Primed for Parabola After $14,000, Says Analyst
⚠️ 100M XRP Has Just Been Transferred to Former Ripple CTO
✅ Binance creates NYDFS-approved US dollar stablecoin ahead of US launch
👥 Bakkt Warehouse Launches Deposits and Withdrawals as Planned
✈️ Telegram Finally Releases Code for Its $1.7 Billion TON Blockchain
📑 VanEck, SolidX to Offer Bitcoin ETF-Like Product to Institutions
💳 Bitcoin Adoption: Burger King Enables BTC Payment in Germany
✅ PwC Luxembourg to accept bitcoin payments starting in October
The Tokenization of Physical Assets Gains Further Validation
In the ninth edition of our newsletter, we alluded to the potential for both Gold and Bitcoin to continue to uptrend and outlined their direct growing correlation. Earlier this week, Paxos Trust Company announced the launch of PAX Gold (PAXG), an ERC-20 token which is redeemable for physical gold. PAXG acts as an asset-backed digital token, with each token backed by one fine troy ounce of London Good Delivery gold, and while the reserves are stored in London vaults, PAXG token holders actually own the physical gold which underlies the token. To keep reading head on over to our website.
CryptoCalibur Weekly Wrap-Up
🔥 Orion Protocol In-Depth Review | Scored 82% (#4 on Top 10 List of upcoming listings)
📢 Had EMX over in our Chat Room for an AMA session | Recap
Telegram
CryptoCalibur Chat
Discussions about our picks & the market.
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Portfolio 1:
$LINK $AR $ENJ $GHST $GRT $GRAV $RNDR $TRAC $TON $DYDX $SOL $AAVE $ENS $JOE $UNI $PAPER $POKT $MATIC $ARB
Portfolio 2: $ROCI $OPUL $JAY $RON #LilPudgys $JTO $MNDE $VPAD $PAID $BLZE $BONK $COW $RBX
Upcoming ask me anything session with Orion Protocol!
A standard for connecting to centralized and decentralized exchanges, enabling an ecosystem of dApps to solve liquidity issues and price parity. The Orion Protocol enables cross chain trading, omni-exchange accessibility, and liquidity.
📑 In-Depth Review 📑
The AMA will take place on September 9th, 2019 from 18:00 to 19:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Orion Protocol's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕐 Countdown 🕐
The AMA will take place in our Chat Room: @cryptocaliburchat
A standard for connecting to centralized and decentralized exchanges, enabling an ecosystem of dApps to solve liquidity issues and price parity. The Orion Protocol enables cross chain trading, omni-exchange accessibility, and liquidity.
📑 In-Depth Review 📑
The AMA will take place on September 9th, 2019 from 18:00 to 19:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Orion Protocol's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕐 Countdown 🕐
The AMA will take place in our Chat Room: @cryptocaliburchat