300strong
CoinMarketCap Daily Newsletter 300!!! “A dream you
dream alone is only a dream. A dream you dream together is reality" -
John Lennon Good day CoinMarketCap family! This is our 300th newsletter
edition!
I want to say THANK YOU for the unwavering support you've
graciously shown me through each and every newsletter. It still boggles
my mind how we've grown from just several subscribers when we first started
about a year ago to the tens of thousands we have today.
I am so
appreciative that I am on this journey with you lot. Getting to interact with
you all through the daily polls, and reading your witty comments never
fails to bring a smile to my face. You guys are quite a hilarious bunch.
That being said, do find some time today to answer the daily poll to provide
feedback on the newsletter, so I can improve on it to better cater to
your needs.
At the end of the day, this newsletter is about you people.
Alright, time to jump into today's newsletter! Today in history (1948),
the Honda Motor Company was established.
In today's newsletter, we will be
covering a global accounting standards body declaring that crypto is an
intangible asset, Cisco partnering with SingularityNET on decentralized
artificial intelligence and Germany's second largest
exchange launching Bitcoin spot trading. Also, in our
'Tutorial Tuesday' section, we have another well put together educational video
by crypto educational content provider, Goodbit! Please do not forget to
answer the polls down below too! It's a great way to interact with you and hear
what you have to say.
Happy reading! 
Over the last 24 hours, total market
capitalization dipped for the second consecutive day from $263.2 billion
to ~$255.4 billion, with most coins seeing losses in the ~2-6% range. 24-hour
volume during that time registered ~$59.8 billion. BTC is currently
trading at ~$9,750, down ~2.3% over yesterday. On the daily chart, BTC
failed to hold its 100-day EMA support line yesterday and broke below that. RSI
is at ~38, indicative of moderate bearish momentum.
The International
Financial Reporting Interpretations Committee (IFRIC), a global
accounting standards body, concluded that cryptocurrency falls under the
definition of an intangible asset. This was not included in the committee's
standard-setting agenda, which means that the recent disclosure only reflects
the thinking of the body and not a definite rule.
However, a standard set by
the committee is usually followed, as IFRIC is employed in about 144
jurisdictions and a necessity for public companies in Singapore, South Korea and
almost all of Europe. Accounting treatment for cryptocurrency has long been in
discussion since 2016. SingularityNET, a decentralized artificial intelligence
(AI) firm, has collaborated with tech giant Cisco to create applied artificial
general intelligence (AGI) technologies. Touted as "Strong AI", AGI stresses on
a machine's capability to reason in erratic situations, decipher problems,
organize and converse in natural language. The company has previously applied
its technology in some sectors, like partnering with the Singapore and
Malaysia branch of Domino's Pizza to employ its blockchain-fuelled AI
technology in its supply-chain procedures.
SingularityNET founder Dr. Ben
Goertzel believes that in "10 years you're going to see AGIs with IQs higher
than humans". Germany's second biggest stock exchange, Boerse Stuttgart
Digital Exchange (BSDEX), started a regulated trading
platform for digital assets. The exchange offers retail
and institutional investors immediate access to digital assets
whilst providing comparatively low-cost and flexible trading options.
CEO Dr
Dirk Sturz claimed that the "market in cryptocurrencies is worth billions, and
more digital assets will emerge on the basis of blockchain", and stated
that their aim was to "build up the leading European trading venue for those
assets". A person or entity that has partial control and access over a
cryptocurrency wallet. uPort, a ConsenSys-backed identity
management protocol, has teamed up with Onfido and PwC, to produce
blockchain-based identity management platform.
According to an IBM
executive, IBM is prepared to work together with Facebook to create
blockchain technology.
Jonathan Johnson has been appointed the new CEO
of online retail giant Overstock
. 23 Sept - ICE's Bakkt Bitcoin Daily
Futures Contract launch 29 Sept - U.S. SEC's decision on the Wilshire
Phoenix's Bitcoin and Treasury Investment Trust ETF application, under the NYSE
Arca exchange (initial decision) 13 Oct - U.S. SEC's decision on the
Bitwise Asset Management's Bitcoin ETF application, under the NYSE Arca exchange
(final decision) TBA - Justin Sun's lunch with Warren Buffett On a scale of
1-10 (10 being maximum enjoyment), how much do you enjoy reading the
CoinMarketCap daily newsletter? "How much do you agree with this statement: "All
forms of identification (e.g. driver's license, graduation certificate) should
be put on the blockchain"" The average vote was 8. "Why or why not?"
Driving licence is acceptable, but not certificate – Why not? If university
degree certificates make sense, why doesn’t driving certificates?
Verification secured and tamper resistant. – Yup!
I Forget Why??? – Mostly to
prevent identity fraud and quicker verification processes.
will be super easy
to manage & use. also will eradicate chances of forgery. in coming time we will
be seeing most of it adopting blockchain. - Exactly Its a big brother
dream come true. – Haha yeah. Don’t see how we can escape the inevitable though.
Everything seems to be tending towards that.
If it’s about privacy, need to
regulate this properly under blockchain. I am not a techie guy, but think
to avoid misuse of these datas should be first priority. – It would no doubt
have to be regulated. add passports to that and youve got a deal. if you have
ever lost your passport on a trip you can understand. if all airlines and
customs departments and governments had access you wouldnt need to even
bring it. it would help national security because someone couldnt make their own
fake one. only the bad guys would be unhappy and thats ok in my book!!!! – True.
I understand your pain. Have lost my passport before and it was a reallllll
pain.
While in favor of most of it being online, the who has right of info.
access, exclusion and usage would always be an issue. No doubt, there may also
be a gazillion different formats (of smart contracts) to appease folks too. –
Yeah, privacy concerns will always be there. I think that is a really good
idea. Speed up processing time. Reduce the costs. Have reliable access! – Yes!
anything has got to be better than the nonsense used now picture this picture
that " shadow over passport, not clear enough not the right size" – Haha those
are annoying af.
Because it would much faster to check document authenticity
– We might not even need to carry passports no longer. Everything belongs on
the blockchain – A great deal of things* belong on the blockchain haha Thank
you all for the support~ Unsubscribe - Unsubscribe Preferences
CoinMarketCap Daily Newsletter 300!!! “A dream you
dream alone is only a dream. A dream you dream together is reality" -
John Lennon Good day CoinMarketCap family! This is our 300th newsletter
edition!
I want to say THANK YOU for the unwavering support you'vegraciously shown me through each and every newsletter. It still boggles
my mind how we've grown from just several subscribers when we first started
about a year ago to the tens of thousands we have today.
I am soappreciative that I am on this journey with you lot. Getting to interact with
you all through the daily polls, and reading your witty comments never
fails to bring a smile to my face. You guys are quite a hilarious bunch.
That being said, do find some time today to answer the daily poll to provide
feedback on the newsletter, so I can improve on it to better cater to
your needs.
At the end of the day, this newsletter is about you people.Alright, time to jump into today's newsletter! Today in history (1948),
the Honda Motor Company was established.
In today's newsletter, we will becovering a global accounting standards body declaring that crypto is an
intangible asset, Cisco partnering with SingularityNET on decentralized
artificial intelligence and Germany's second largest
exchange launching Bitcoin spot trading. Also, in our
'Tutorial Tuesday' section, we have another well put together educational video
by crypto educational content provider, Goodbit! Please do not forget to
answer the polls down below too! It's a great way to interact with you and hear
what you have to say.
Happy reading! Over the last 24 hours, total marketcapitalization dipped for the second consecutive day from $263.2 billion
to ~$255.4 billion, with most coins seeing losses in the ~2-6% range. 24-hour
volume during that time registered ~$59.8 billion. BTC is currently
trading at ~$9,750, down ~2.3% over yesterday. On the daily chart, BTC
failed to hold its 100-day EMA support line yesterday and broke below that. RSI
is at ~38, indicative of moderate bearish momentum.
The InternationalFinancial Reporting Interpretations Committee (IFRIC), a global
accounting standards body, concluded that cryptocurrency falls under the
definition of an intangible asset. This was not included in the committee's
standard-setting agenda, which means that the recent disclosure only reflects
the thinking of the body and not a definite rule.
However, a standard set bythe committee is usually followed, as IFRIC is employed in about 144
jurisdictions and a necessity for public companies in Singapore, South Korea and
almost all of Europe. Accounting treatment for cryptocurrency has long been in
discussion since 2016. SingularityNET, a decentralized artificial intelligence
(AI) firm, has collaborated with tech giant Cisco to create applied artificial
general intelligence (AGI) technologies. Touted as "Strong AI", AGI stresses on
a machine's capability to reason in erratic situations, decipher problems,
organize and converse in natural language. The company has previously applied
its technology in some sectors, like partnering with the Singapore and
Malaysia branch of Domino's Pizza to employ its blockchain-fuelled AI
technology in its supply-chain procedures.
SingularityNET founder Dr. BenGoertzel believes that in "10 years you're going to see AGIs with IQs higher
than humans". Germany's second biggest stock exchange, Boerse Stuttgart
Digital Exchange (BSDEX), started a regulated trading
platform for digital assets. The exchange offers retail
and institutional investors immediate access to digital assets
whilst providing comparatively low-cost and flexible trading options.
CEO DrDirk Sturz claimed that the "market in cryptocurrencies is worth billions, and
more digital assets will emerge on the basis of blockchain", and stated
that their aim was to "build up the leading European trading venue for those
assets". A person or entity that has partial control and access over a
cryptocurrency wallet. uPort, a ConsenSys-backed identity
management protocol, has teamed up with Onfido and PwC, to produce
blockchain-based identity management platform.
According to an IBMexecutive, IBM is prepared to work together with Facebook to create
blockchain technology.
Jonathan Johnson has been appointed the new CEOof online retail giant Overstock
. 23 Sept - ICE's Bakkt Bitcoin DailyFutures Contract launch 29 Sept - U.S. SEC's decision on the Wilshire
Phoenix's Bitcoin and Treasury Investment Trust ETF application, under the NYSE
Arca exchange (initial decision) 13 Oct - U.S. SEC's decision on the
Bitwise Asset Management's Bitcoin ETF application, under the NYSE Arca exchange
(final decision) TBA - Justin Sun's lunch with Warren Buffett On a scale of
1-10 (10 being maximum enjoyment), how much do you enjoy reading the
CoinMarketCap daily newsletter? "How much do you agree with this statement: "All
forms of identification (e.g. driver's license, graduation certificate) should
be put on the blockchain"" The average vote was 8. "Why or why not?"
Driving licence is acceptable, but not certificate – Why not? If university
degree certificates make sense, why doesn’t driving certificates?
Verification secured and tamper resistant. – Yup!
I Forget Why??? – Mostly toprevent identity fraud and quicker verification processes.
will be super easyto manage & use. also will eradicate chances of forgery. in coming time we will
be seeing most of it adopting blockchain. - Exactly Its a big brother
dream come true. – Haha yeah. Don’t see how we can escape the inevitable though.
Everything seems to be tending towards that.
If it’s about privacy, need toregulate this properly under blockchain. I am not a techie guy, but think
to avoid misuse of these datas should be first priority. – It would no doubt
have to be regulated. add passports to that and youve got a deal. if you have
ever lost your passport on a trip you can understand. if all airlines and
customs departments and governments had access you wouldnt need to even
bring it. it would help national security because someone couldnt make their own
fake one. only the bad guys would be unhappy and thats ok in my book!!!! – True.
I understand your pain. Have lost my passport before and it was a reallllll
pain.
While in favor of most of it being online, the who has right of info.access, exclusion and usage would always be an issue. No doubt, there may also
be a gazillion different formats (of smart contracts) to appease folks too. –
Yeah, privacy concerns will always be there. I think that is a really good
idea. Speed up processing time. Reduce the costs. Have reliable access! – Yes!
anything has got to be better than the nonsense used now picture this picture
that " shadow over passport, not clear enough not the right size" – Haha those
are annoying af.
Because it would much faster to check document authenticity– We might not even need to carry passports no longer.
Everything belongs onthe blockchain – A great deal of things* belong on the blockchain haha
Thankyou all for the support~
Unsubscribe - Unsubscribe Preferences