Crypto News & Analysis
Crypto crime has become an issue of mega proportions. The incidences of major crypto crimes do get reported. But the significance of their magnitude may be overlooked. Crypto criminals have been able to steal more than US $900 million in 2018. These high tech criminals have not been apprehended and are still on the loose pillaging security weaknesses involving cryptocurrency exchanges and unsuspecting crypto owners. In order to give you a better perspective, reported crypto crimes of 2017 totaled $266 million.
The crypto thefts of 2017 and 2018 can be categorized as the greatest robberies of all time. They also reveal a serious flaw in the blockchain as these crypto criminals continue to operate without the fear of being caught. When their crime spree ends as crime sprees committed by greedy criminals always do, the screenwriters will be standing in line ready to write the movie script. And the world will be standing in line waiting to see the movie. The movie goers can relive the thrill of the elite criminals of the 21st century eluding the cyber police throughout their entire adventure.
How do these crypto criminals continue to elude the crimestoppers of the 21st century with their high tech crime stopping gear. The victims of these crimes claim, loose or absent crypto regulations in some regions of the world allow the criminals to launder their ill gotten gains and return to the obscurity of ordinary life. Crypto crime is the weakest link of the blockchain. The only way to make the blockchain stronger will be the global implementation of Anti Money Laundering regulation and the power for those laws to be enforced globally as well.
Forex News & Analysis
The United States Dollar gained ground against Bitcoin this week. The USD started the week pairing with Bitcoin at an exchange rate of $6605/ 1 Bitcoin. The pair ended the week exchanging at a rate of $6217 / 1 Bitcoin. The USD gained a 6.24 % advantage over Bitcoin by the end of the week. Bitcoin continued to demonstrate stability this week. Bitcoin maintained levels near its lower resistance level of $6200.
The USD index (.DXY) compares the USD to 6 globally dominant currencies. The USD lost ground when compared to its global counterparts towards the end of the week. The .DXY index recorded a value of 95.60 at the beginning of the week. The Index closed at 95.06 recording a 0.57% loss in value by the week’s end. Many analysts believe the loss in value recorded by the USD are a lingering result of the US jobs data. Non farm payroll data was lower than the forecast predicted by many analysts. The GBP held an advantage over the USD. Exchanging at $1.3252 with the USD. gaining 0.14% from the previous trading day. While the Australian Dollar (AUD) maintained an advantage over the Japanese Yen by the close of the week. The AUD ended the week stronger compared to the JPY exchanging with the JPY at ¥80.01 / 1 AUD a 0.15% increase in value from the previous trading day.
Crypto Futures News & Analysis
Can Bitcoin hold the line and bounce back to the levels it recorded at the beginning of the year? That is the question and that is the only question that needs to be answered. Although the answer to that question is not clear cut since no one has the Bitcoin crystal ball. We can only monitor the trends set by the prices Bitcoin trades record each day.
Those recorded values display a line in the sand aptly named, the lower level of resistance. That level is near US $6,200. Bitcoin has consistently bounced off that line throughout the year. What has been demonstrated by Bitcoin’s trade prices is stability. The experts have chimed in echoing the same opinion. Stanislaw Drozdz author of a study that analyzes the Bitcoin market has said, ” The most important statistical parameters of the Bitcoin market indicate very clearly that for many months now it has met all the important criteria of financial maturity.”
When financial instruments are stable it takes an epic piece of news to move that instrument in either direction, positive or negative. The speculation surrounding Bitcoin anticipates that news may be positive. Bitcoin is right on the line, trading at $6196 at the time of this writing. And everyone everywhere is waiting for some bit of news that will move the crypto in a direction. Hopefully a positive direction.
Crypto Stocks & Analysis
The internet of things (IOT) is entrenched into the inner workings of cryptos. Verizon (VZ) is the number 1 US wireless carrier by subscribers. The 21st Money Team recognizes this relationship and has discovered a pattern investors may want to exploit. Is it just coincidence that internet related stocks grow in value alongside Crypto growth? No, it’s all part of the development of blockchain technology. With the rollout of 5G internet speeds, blockchain technology is about to explode worldwide. Verizon will be at the forefront of 5G technology. Their acquisition of Yahoo last year was just another step to solidify their presence in the IOT in the US. Crypto growth and internet enhancement follow a similar course.
Verizon Communications Inc. (VZ) NYSE Currency in USD Chart Courtesy of Yahoo Finance
On Oct 1st Verizon launched 5G service within 4 American cities, Sacramento, Indianapolis, Houston, and Los Angeles. The first major American telecom company to bring 5G to the people. VZ has gained 11.9% in value over the last 6 months. VZ was trading at US $53.33 at the time of this writing. Verizon added 199,000 elite subscribers by the end of the 2nd quarter topping estimates of 126,000.
This week’s Biggest Winners in Cryptocurrencies
1) +278.99% Moeda (MDA) Started the week at $0.438 Ended the week at $1.66
2) +62.46% Cryptaur (CPT) Started the week at $0.00164080 Ended the week at $0.00266561
3) +61.51% MobileGo (MGO) Started the week at $0.252 Ended the week at $0.407
4) +51.19% Digitex Futures (DGTX) Started the week at $0.0547 Ended the week at $0.0827
5) +35.44% Noahcoin (NOAH) Started the week at $0.00164307 Ended the week at $0.00222532
6) +29.56% Ravencoin (RVN) Started the week at $0.0159 Ended the week at $0.0206
7) +20.44% Ox (ZRX) Started the week at $0.631 Ended the week at $0.760
8) +18.45% Loom Network (LOOM) Started the week at $0.103 Ended the week at $0.122
9) +16.87% Maker (MKR) Started the week at $551.40 Ended the week at $644.40
10) +13.71% BOScoin (BOS) Started the week at $0.0467 Ended the week at $0.0531
11) +11.59% SpankChain (SPANK) Started the week at $0.0630 Ended the week at $0.0704
12) +8.92% QuarkChain (QKC) Started the week at $0.0538 Ended the week at $0.0586
13) +8.33% Revain (R) Started the week at $0.132 Ended the week at $0.143
14) +7.48% THEKEY (TKY) Started the week at $0.00504995 Ended the week at $0.00542783
15) +5.54% Nebulas Token (NAS) Started the week at $1.752 Ended the week at $1.849
Crypto Chart of the Week
Chart courtesy of CoinValuator
Moeda (MDA) ranks 137th on the list of cryptos ordered according to their market capitalization. Moeda’s current market cap is $32,590,000. Moeda describe themselves as a simple tool that allows you to get a better understanding of each Seed Project. You can invest, keep track of accounts and connect directly to Moeda from your phone or tablet. $10,465,888 worth of MEDX changed hands October 11th. The last sale recorded was $1.66.
Heard Through the Grapevine
Upcoming ICOs and Events
October 15 – 16 – SolarTech Summit Porto, Portugal
October 17 – Financial Times Digital Health Summit New York, New York USA
October 23 – Blockchain & Bitcoin Conference Malta Mellieha, Malta
October 30 – November 2 – Devcon IV in Prague Prague, Czech Republic
October 31 – November 2 – World Crypto Con Las Vegas, Nevada USA
November 1 – 2 – Malta Blockchain Summit St. Julian, Malta
November 28 – 29 – Blockchain Expo North America 2018 Santa Clara, California
November 29 – 30 – Monaco International Blockchain Forum Monaco
March 19 – 21, 2019 – Money20/20 Asia Singapore
CustomCoin (CC) Sale Starts October 12 Sale ends November 12 / An indispensable resource, providing the functionality that will allow management of the entire cycle of negotiations with customers: including Customer searches, and Signing contracts
Krosscoin (KSS) Sale Starts October 12 Sale Ends November 12 / a Building innovative apps that have a large customer base potential. Also allowing third-party developer apps into the ecosystem. All apps are monetized with KSS tokens using a ‘’PAY-AS-YOU-USE’’ framework
iTrue (ITU) Sale Starts October 14 Sale Ends December 16 / Rewarding users for sharing their data, and businesses for participating in the data and app marketplaces
AgentMile (ESTATE) Sale Starts October 15 Sale Ends December 17 / The world’s first decentralized Commercial Real Estate leasing platform powered by AI
AIO.Community (AIOT) Sale Starts October 15 Sale Ends December 31 / A decentralized platform for the safe ICO, where the community chooses a project through the open voting and determines the level of funding and controls it at all stages
Angenium (ANG) Sale Starts October 15 Sale Ends December 14 / A unique project that efficiently extracts noble and rare metals, silicon oxides, aluminum and iron from man-caused waste, recycling waste, and saving the environment from pollution
Bitney (BTNY) Sale Starts October 15 Sale Ends October 31 / A company that is developing Beeznix the game
BizShake (BZS) Sale Starts October 15 Sale Ends October 31 / The P2P Sharing Ecosystem on NEO Blockchain Through Tokenization of Real-World Assets
Bonafi Blockchain Company (BAFI) Sale Starts October 15 Sale Ends November 12 / Authenticating the Supply Chain Using Blockchain Technology
Citowise (CTW) Sale Starts October 15 Sale Ends December 15 / Developing cryptopayments infrastructure and business globalization platform
Code of Talent (CODE) Sale Starts October 15 Sale Ends November 30 / The world’s first blockchain powered micro-learning platform: 10 minute daily learning sessions and direct interaction with the educator, within groups of maximum 40 participants
Connecty.io (CTY) Sale Starts October 15 Sale Ends November 30 / Streamlining the relationship between businesses and research by serving as the missing link between the holders of knowledge and those responsible for transforming knowledge into innovation
Credible Network (PESA) Sale Starts October 15 Sale Ends November 15 / Transactions across Credible take place in PESA. Merchants receive PESAs from 3rd parties for accessing their data – Merchants pay PESAs to Verifiers for verification services – Merchants can pledge PESAs as collateral for loans – Purchasers can Buy and Sell PESAs through SmartPesa Crypto ATMs – Customers can make payments in PESA for good and services
CYBR (CYBR) Sale Starts October 15 Sale Ends November 30 / A holistic, cyber security solution for the blockchain which ensures secure smart transactions occur via a portal designed to provide real-time safeguards, countermeasures and threat intelligence to the CYBR community as well as other crypto entities and exchanges who rely on the CYBR cyber security solutions
CYO (CYO) Sale Starts October 15, 2018 Sale Ends January 15, 2019 / Applying CLEAN LOOP technology to divide compound plastic films – more than ordinary recycling, because CLEAN LOOP technology recycles “close to prime” raw materials
Fair Ninja (YSH) Sale Starts October 15 Sale Ends November 15 / The world’s first multinational online classifieds platform that allows users to buy and sell goods and services from anywhere in the world to anyone in the world
FinanceX (FNX) Sale Starts October 15 Sale Ends November 15 / Enabling users to trade using the local currency from a range of countries
Helium (HLM) Sale Starts October 15 Sale Ends November 30 / Wireless decentralized network for machines via new physical blockchain
Helix3 (HLX) Sale Starts October 15, 2018 Sale Ends January 15, 2019 / A platform that offers a secure way for the healthcare industry to drive patient value, encourage healthy behavior and gain deep insights across a global decentralized health ecosystem
Hosting Icos (HTS) Sale Starts October 15 Sale Ends November 15 / About Marketing , Shopping App And Payment Gateway App
IceBreakerAR (ICE) Sale Starts October 15 Sale Ends November 15 / Bridging the virtual world with reality by providing a revolutionary tool that removes the core barriers which prevent humans from reaching out and interacting with one another
Leap With Alice (LWA) Sale Starts October 15, 2018 Sale Ends January 1, 2019 / A platform that creates engagement, develops learning abilities, and incentivizes teachers
Lucre (LCR) Sale Starts October 15 Sale Ends December 11 / An exclusive automated trading system for Cryptocurrencies, created to outperform the strategy of just holding Cryptocurrencies
MFChain (MFX) Sale Starts October 15 Sale Ends December 15 / Building the most cost-effective cryptocurrency payment ecosystem that rewards the consumer as well as the merchant
NYCREC (NYCREC) Sale Starts October 15 Sale Ends December 15 / Uses blockchain technology to tokenize New York City real estate in order to offer token holders fractional interest in a portfolio of properties in NYC
Snapparazzi (SNPC) Sale Starts October 15 Sale Ends November 30 / A decentralised independent media sharing & advertising platform, utilizing blockchain technology and offering everyone SnapCoin rewards
V-ID (VIDT) Sale Starts October 15 Sale Ends December 15 / Using blockchain technology to end all document fraud
Bitozz (BOZZ) Sale Starts October 16 Sale Ends February 1, 2019 / Creating a completely new ecosystem, built to facilitate a crypto derivative market where traders have access to a variety of trading and investment instruments, enabling a highly liberating, strategic, low-risk and seamless trading experience
EverLife.AI (EVER) Sale Starts October 16 Sale Ends November 15 / Aiming to create a gigantic ecosystem of immutable Avatars on the Blockchain to power real-life opportunities
MIN (MIN) Sale Starts October 16 Sale Ends November 14 / A decentralized protocol and native token that enables professionals to charge fairly and accurately for their time ensuring that a consistent rate is applied, preventing clients from being overcharged
Ready Play Go (RPG) Sale Starts October 16 Sale Ends November 15 / A revolutionary, fully regulated gaming platform that offers unique gaming experience for its players and net new revenue opportunities for game developers and publishers
Terawatt (LED) Sale Starts October 16 Sale Ends November 30 / A patent-pending, renewable energy blockchain startup, with a strong focus on monetization and driving global L.E.D. adoption
TIpbot (Tip) Sale Starts October 16, 2018 Sale Ends January 31 2019 / Developing a suite of applications that will enable real world applications with almost limitless use cases.
CoTrader (COT) Sale Starts October 17 Sale Ends October 31 / The Uber of Hedge Funds and is LIVE on the ETH Mainnet. It’s the world’s first blockchain investment funds platform democratizing the $85 trillion funds industry
EasyGuide (GDC) Sale Starts October 17 Sale Ends November 17 / A project that unites travelers and travel service providers around the world
Mix Rent (MIX) Sale Starts October 17 Sale Ends November 17 / Providing customers with a user-friendly platform to rent vehicles across the world
Trade Pharma Network (TXP) Sale Starts October 17 Sale Ends November 16 / A EU-licensed brokerage platform and an international pharma-centric marketplace of choice for buyers & sellers performing routine transactions of medicines
BEATRIX (RIX) Sale Starts October 18 Sale Ends November 18 / A green, affordable and sustainable energy project aiming to resolve the energy and telecommunication crisis and shortage across Africa
BrikBit (BRIK) Sale Starts October 18 Sale Ends November 30 / The first blockchain-based ecosystem that develops and manages entire operations for the Real Estate industry
GIDCoin (GIDe) Sale Starts October 18 Sale Ends December 31 / Covered by real assets, which are secured and insured
Taucoin (TAU) Sale Starts October 18 Sale Ends October 18, 2019 / Proposing a fast circulation currency without inflation
XRes (XRES) Sale Starts October 18 Sale Ends December 18 / A crypto community commons where anyone can learn more about potential crypto, ICO/STO, and blockchain investments in order to make better-informed decisions
Kuende (KUE) Sale Starts October 19 Sale Ends November 2 / The social network that rewards real life interaction and enhances your wellbeing
Get your copy of What is Bitcoin
This e-book on Amazon explains what Bitcoin is, it explains that Bitcoin (BTC) is a virtual currency, digital, not physical, and independent of banks. Useful links and resources for the newbie and advanced Bitcoiner or cryptocurrency enthusiast.