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Jul 10, 2023
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You do you

CoinMarketCap Daily Newsletter Love yourself “The more you like
yourself, the less you are like anyone else, which makes you unique.” – Walt
Disney It's midweek and also already the middle of October! Dang, time
sure flies. Alright, let's get down to it! 😄 Today in history (1923), Walt and
Roy Disney founded the Walt Disney Company. 🎉 We will be covering a new
government initiative to put South Korean trade on the blockchain
by 2021, Ford using blockchain tech to track 'green miles' driven by
vehicles and physically-backed Binance Coin ETP launching on Swiss Stock
Exchange. Today, we also have a special announcement about a new
CoinMarketCap product! So be sure to check that out below too! 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 slightly from ~$225.4 billion to
~$221.7 billion, with most coins seeing losses in the ~1-4% range. 24-hour
volume registered ~$55.7 billion. BTC is currently trading at ~$8,170,
down ~1.9% over yesterday. On the daily chart, BTC continues to be trading below
its 100-day EMA line. RSI is at ~38.5, indicative of moderate bearish momentum.
👀 The South Korean government intends to create a digital trade
foundation and lower trade costs with blockchain technology, a
move introduced under the country's Development Plan for Digital Trade.
Blockchain, big data and AI will be used to digitize the whole Korean
trade finance ecosystem by 2021, forging a "digital trading platform that
can be easily and conveniently used in all stages of export, such as contracts,
customs and logistics". The Ford Motor Company is eyeing blockchain
technology and geofencing to accurately track the "green miles" driven by its
energy-efficient automobiles. 🚙 It is broadening its European plug-in hybrid
electric vehicle (PHEV) test project to Colonge, Germany, and will record
all metadata on the blockchain to possibly maximize its PHEV vehicle
fleets' environmental benefits. 🇩🇪 The blockchain technology tested in Colonge
"enables secure, tamper-proof tracking and logging of vehicle emissions records,
which makes it ideal for the PHEV pilot". Crypto exchange
Binance has partnered with local Swiss startup Amun to establish a
dedicated exchange-traded product (ETF) for Binance Coin (BNB) on
the SIX Exchange, a Swiss Stock Exchange. The investment tool features
physically-backed contracts, and is the first for Binance's in-house
cryptocurrency token BNB, with possible greater options for traders in the
future. 💯 Changpeng Zhao, Binance CEO, stated that the partnership "will
provide investors with a new and regulated asset class with a unique dimension
to utility tokens, making them more accessible and reliable through a
traditional financial infrastructure". A method of trial-and-error, in which
automated software generates and tries a large number of possible combinations
in order to crack a code or key. Ever wondered what you could do with your
crypto besides HODL? Well, there’s quite a fair bit you can do with it. 🤔
On 17 Oct (tomorrow) 9AM (ET), we will be launching “Interest”, a one-
stop resource where you can find out where to save, to earn, to borrow and to
margin-trade various cryptoassets! 💱 “Interest” will be a place where you can
view the various lending and borrowing platforms (such as wallets, exchanges and
DeFi platforms) on the market, along with their annualized interest rates,
minimum deposit duration, and all that good stuff! You’ve worked hard for your
bags of crypto, so now it’s time to let it work for you! Stay tuned fam!
😉 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! Bank of England Governor Mark Carney recently defended
Facebook's new Libra stablecoin and highlighted the shortcomings of the current
traditional financial system. ♎ CipherTrace, a U.S.-based blockchain security
company, has widened its cryptocurrency intelligence platform to 700 tokens. 🧠
The Oxford English Dictionary (OED) declared that it has included the term for
Bitcoin (BTC)'s smallest unit, "Satoshi". 📖 TBA - Justin Sun's lunch with
Warren Buffett How much do you agree with this statement: "I believe
Decentralized Finance (DeFi) will be the cause of the next crypto bull run." Why
or why not? Share with me in the polls! "How much do you agree with this
statement: "Ethereum (ETH) is my favorite platform coin."" The average vote
was 6. 26.1% of y'all voted a '10'. "Why or why not?" Smart coins makes sense
but haven't seen very many – very many good ones* 😂 because of smart
contract, echo system of hardware wallets & interfaces to interact with the
chain, Vitalik & the eth developers i like ethereum.. i am also keenly watching
Zilliqa, i think it is another cool project to watch for in coming months. –
Hahaha, but can Ziliqa beat ETH’s adoption? 🤔 I really love Enjin – Guess you
got a couple of ENJ in your bags! 😄 Because persistent in price – Relative to
other alts 😂 I believe XRP we be the future – Hahaha hmmm 🤔 Strong and
reliable, improving fast – Can’t wait for 2.0! 🐌 Mostly because it been
established. – Yeah, that’s a huge thing it has going for it actually. 👍 Be you~
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