Fortune favors the bold

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Fortune favors the bold

CoinMarketCap Daily Newsletter Be brave “The future
doesn't belong to the fainthearted; it belongs to the brave." – Ronald Reagan
TGIF! Great job, CoinMarketCap family! That's another week down. 💪 Today in
history (1848), the American Association for the Advancement of Science was
established. 👍 In today's newsletter, we will be covering Tech startup
Nebula Genomics launching blockchain-based DNA sequencing,
China’s crypto czar saying that Facebook-led Libra ‘might be unstoppable’
and crypto exchange Coinbase looking to add support
for Telegram (GRAM) and 16 other digital assets. Today, we will
also be covering Waves (WAVES) for our weekly deep dive! Also today in our
'Blockchain term of the day' section, we have another well put together
infographic done by cryptocurrency index building and trading
automation software, Panda Analytics! 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 rose from ~$264 billion to ~$270.8 billion, with most
coins seeing gains in the ~2-8% range. Notable mover of the day is 0x (ZRX),
currently up ~14.8%. 24-hour volume registered ~$66 billion. BTC bounced
back ~3.3% after yesterday's slump, and is back above the $10,000 mark at
~$10,220. On the daily chart, BTC bounced off its 100-day EMA line and is now
trading between its 50 and 100-day EMA line. RSI is at ~47. 👀 Nebula
Genomics, a tech startup, is using blockchain to commence DNA sequencing
and remove customers' need to show personal information. 🚫
Customers can now buy whole-genome sequencing and provide samples of their
saliva without sharing personal data. The blockchain-based product
allows for transparent and controllable sharing of information.
Customers can also use cryptocurrency to make pseudo-anonymous payments,
eliminating the "dependence on data de-identification by personal genomics
companies prior to data sharing with researchers". The report points out an
increase in blockchain adoption by the health industry, including
blockchain network Harmony collaborating with Lympo, a Lithuanian
blockchain-fueled health app to allow speedy and safe health data sharing.
China's cryptocurrency czar Changchuan Mu, also the new director of
China's Research Institute on Digital Currency, claimed in a lecture that
despite its unpopularity, Facebook's Libra "might be unstoppable anyway". ⚠ He
divulged that despite tough regulations, there were still back channels that
users could use to evade central banks' ban and buy the stablecoin, like
underground Bitcoin (BTC) trading in China, and using virtual
private networks (VPN) to buy BTC from overseas exchanges. He argued
that Libra would erode monetary policies' power, making it "hard for China to
manage foreign currencies and the $50,000 capital outflow cap would be less
effective". Mu also emphasized the need to use China's impending Digital
Currency Electronic Payment (DCEP), which would "help the government crackdown
on money laundering, tax evasion and financing terrorist groups", and to bolster
itself before problems arrive. Cryptocurrency exchange and
wallet provider Coinbase has just revealed its plans to add a variety of new
assets. 🤑 They include "Avalanche, Celo, Chia, Coda, Dfinity, Filecoin,
Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana,
Spacemesh, and Telegram". The exchange also aims to explore unlaunched
assets that they may select to support next time, adding them "on a
jurisdiction-by-jurisdiction basis, subject to applicable review and
authorizations". Its professional trading platform, Coinbase Pro, was also
reported to add support for the Dash (DASH). Hi y'all! On Monday, we released
a new blog post covering the topic of "Market-Neutral Derivatives Trading", as
explained by us! Check out it out here! Crypto deep dive: Waves What is
it about ⚙ Why people love it 😘 Why people doubt it 🤔 Bank of America,
the 6th biggest U.S. organization, has become a member of the Marco Polo
blockchain trade network. 🦅 The Swiss arm of one leading financial institution
in the Middle East, Arab Bank, is introducing cryptocurrency services 🏦 The
Iranian government is contemplating a new system requiring annual registration
for cryptocurrency miners 📄 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) 18 Oct - U.S.
SEC's decision on the VanEck/SolidX Bitcoin ETF application, under the
Cboe BZX exchange (final decision) TBA - ICE's Bakkt Bitcoin Daily Futures
Contract updated launch timeline TBA - Justin Sun's lunch with Warren Buffett
How much do you agree with this statement: "I believe that the Bitcoin
(BTC) movement cannot be stopped" "How much do you agree with this statement: "I
believe that the crypto OTC markets are deeper than ones on
exchanges."" The average vote was 8.2. "Why or why not?" i believe so..
especially when buying BTC initially i have come across lot of people who buy by
fiat otc. also i have heard of otc exchanges catering to high network
individuals. at least for BTC there is a very big OTC market. – Very true. This
way, they don’t move prices! 💪 The volume has to be coming from somewhere. –
Oh, the volume you see on our site do not come from OTC markets! They are
taken from crypto exchanges. 😄 Happy readings – Happy days! 😄
Easier and common. – Yeah, it’s easier to deal OTC when dealing with
large amounts of BTC and fiat. 😄 There are other ways of exchanging crypto,
like LocalBitcoins.com or LocalEthereum.com. – Yup! Most certainly; who knows
what kind of cash is being dumped into crypto via those channels? I've seen ICOs
start and then suddenly go, 'Hey well that concludes this sale, we did it!'. All
this because of a handful of strong investors, leaving chance of ownership from
the average person a bit tougher. Safer by far too in some instances, so the
appeal is definitely there. - Yeah, buyers on OTC markets would be able to
guarantee their entry price and so its a popular choice especially when dealing
with large amounts. More informative in terms of where the future of finance
lies – OTC markets def present a wealth of data and info. Wish they were easier
to track. 🤓 Change is the only constant~ 🔥 Unsubscribe - Unsubscribe Preferences