Down but not out

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Jul 9, 2023
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Down but not out

CoinMarketCap Daily Newsletter Pick yourself up “Don't quit.
Never give up trying to build the world you can see, even if others can't see
it. Listen to your drum and your drum only. It's the one that makes the sweetest
sound.” – Simon Sinek Welcome back, CoinMarketCap crew! Hope you all had a
splendid weekend! 😄 Today in history (1854), Florence Nightingale and
38 staff nurses were sent to the Crimean War. We will be covering a
remittances partnership involving Cambodia central bank’s
blockchain system, the Ethereum Name Service adding multicoin
support and Kik selling its messaging app to MediaLab. Today, we
will also have a special announcement from a sponsor, Bitrue! So be sure to
check that out below as well! 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 weekend, total market capitalization
dipped earlier on Friday from ~$221.2 billion to ~$214.7 billion
before recovering to ~$223.3 billion late on Sunday. 24-hour volume
averaged ~$53 billion at the time. Total market capitalization currently
stands at ~$223.4 billion. BTC is currently trading at ~$8,260, up ~4% over
the weekend. On the daily chart, BTC is currently challenging its 100-day
EMA line. RSI is at ~45 (up from Friday's 36), indicative of growing bullish
momentum. On the weekly chart, BTC managed to hold its 50-EMA support
line and still remains to be trading between its 21- and 50-EMA lines. 👀
Malaysia's biggest bank, the Malayan Banking Bhd (Maybank) has signed a
memorandum of understanding (MoU) with the National Bank of Cambodia
(NBC) to boost cross-border payments and remittances. 🇰🇭🏦 It will explore the
possibility of transferring funds between Malaysia and Cambodia via Maybank's
Maybank2u digital platform and NBC's blockchain-based Bakong
payment system. According to the director-general of central banking at NBC,
Chea Serey, the MoU allows "both institutions to reach another level of
financial cooperation in further leveraging the technology to benefit the
people in Cambodia and Malaysia." Ethereum Name Service (ENS), a distributed
naming system, has announced the launch of multicoin support as 15
cryptocurrency wallets plan to use the new function.
Crypto enthusiasts will be able to use one ENS name for all their
cryptocurrency wallets in an ongoing implementation. 👝 ENS also intends
to incorporate the DNS namespace to support other addresses, and
implement support for "all DNSSEC-enabled top-level domains in the near future".
Messaging platform Kik has been sold to holding company MediaLab,
which also operates other apps including Whisper. The CEO of the organization
behind the platform Kik Interactive, Ted Livingston, has promised to continue
building the Kin cryptocurrency ecosystem originally created as part of
the token sale process. They will partner with MediaLab to expand "the Kin
integration" that will "further support the project". 🏢 MediaLab also intends
to boost the app, cut down on bugs, and get feedback from users to identify
desired features and potential issues. A mnemonic phrase (also known as mnemonic
seed, or seed phrase) is a list of words used in sequence to access or restore
your cryptocurrency assets. It should be kept secret from everyone else. It is a
standard in most HD wallets. VIP investment opportunities are coming to the
Bitrue exchange! Their new feature, "Hold BTR For VIP Power Piggy Caps" allows
you to invest your coins at any time to earn up to 10.3% interest on BTC,
XRP, ETH and more! 🤑 Make your coins work for you and start earning money while
you sleep. Sign up today and be ready to invest when our VIP caps launch this
Thursday 24th October! 😄 It's happening! In less than a month, join 1500+
attendees, 70+ speakers and 15 sponsors at the gorgeous Victoria Theatre for a
one-of-a-kind crypto experience. We have just a few FULL admission
tickets remaining. $199 gets you full access to The Capital, food & beverages
throughout the conference, fine-dining lunch provided by Sinfonia, and a ticket
to our VIP after-party! To register, click here! It is now possible to get a
Master's in Blockchain from Mediterranean island Malta's new University
of Malta’s Masters Blockchain and Distributed Ledger Technology. 🎓
Jennifer Trelewicz, former chief technology officer of Google Russia and ex
director of IBM's systems and technology laboratory, joins blockchain platform
Credits (CS) as its new chief business officer (CBO) 👮 Taiwanese electronic
leader HTC has unveiled its first phone that runs a full Bitcoin (BTC)
node, the Exodus 1s. 📱 TBA - Justin Sun's lunch with Warren Buffett On a scale
of 1-10 (10 being most comfortable), how comfortable would you be in having the
majority of your overall investment portfolio in crypto? Why do you say
so? Share with me in the polls! "How much do you agree with this statement: "I
am looking forward to the Bitcoin (BTC) halving event next year"." The
average vote was 7.5. 38.1% of y'all voted a '10'. It is time for bitcoin to
hit 40k. – Woah, that’s quite a jump! I think this is highly unlikely, but I
wouldn’t rule out the possibility. 😄 "What are your plans for the
weekend?" Partying – Hope it was a wild one! 🎉 Working on missed
sleep/movies lol – Lazy weekends ahah Hanging out with my 2 yr old and coding
my latest project. – Oooh, whatcha working on? 🤔 Chill and catch up with my
crypto world! – Gonna stay current! 👍 Riding, and learning more about bitcoin
and crypto – Keep on learning. The more you learn, the more you earn. Watch
rugby world cup – All blacks gonna take it. 😉 College weekend with freshman
Daughter. Thx for asking! – Some quality time there! Hope you both had a great
time. 😄 Invest in cryptocurrency and study blockchain. – Best way to spend a
weekend. 🤣 I need to clean the pigstay I call home, although, it looks like
perfect weather for me to catch up on some series and just be a barely
functional adult. {robot butlers needs to be a thing already!!} – Robot butlers
are def needed to do household chores haha we will go shopping. next week is
Diwali festival of lights. – Awesome!!! Diwali is great – also celebrated in my
country. Dot now yet if I have some cash will be naice – Like unexpectedly
finding money in your pockets when you do laundry. 🤣 living with serenity – At
peace! 😌 💯 effort! Unsubscribe - Unsubscribe Preferences
 

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