Market situation
After the good previous week the market recorded some losses again but is still above the lowest from last month.
Current prices:
BTC = around $6.2k (-5%)
ETH = around $439 (-6%)
XRP = around $0.44 (-6%)
NEO = around $33 (-14%)
IOTA = around $0.98 (-11%)
VEN = around $2.66 (-13%)
LTC = around $77 (-7%)
BNB = around $12 (-9%)
XMR = around $123 (-8%)
It does seem like the market is stable so far and we have seen several bounces from 6$k so if no bad events happen I am optimistic.
Flow Traders
On 5th of July one of Europe’s largest speed trading platforms and exchange-traded fund (ETFs) dealers, Flow Traders NV, announced the firm is entering the cryptocurrency space by offering bitcoin and ethereum exchange-traded notes (ETNs) to its clientele.
The Amsterdam market maker, Flow Traders, provides liquidity to its customers by providing traders bid and offer prices for Exchange Traded Products (ETPs)
Flow Traders was founded in 2004 and has become one of the top ETP exchanges in Europe, pulling in over €250 million in revenue per year.
This is one of the examples of institutional money' coming in but also means more potential price manipulation so it could be seen as both bad and good thing.
WePower
On 5th of July WePower has annouced that they are launching the Alpha version of its blockchain-based clean energy trading platform and lists the first energy auctions for 300MW of Spanish solar projects.
Users - from individuals to large energy buyers, investors and traders - will now be able to create accounts, browse through the first renewable energy auctions available on the platform, and express their interest to participate
In this initial phase, six solar projects developed by one of Spain’s leading renewable energy developers Conquista have been added to the WePower platform.
The company is now entering a new development phase to add new features and green energy projects to the platform, and to announce new partnerships with green energy developers and market players.
Brave/BAT
On 28th of June it was annouced that a new version of the browser was released and it adds technology called onion routing from the Tor Project as an option to its private tabs.
Tor helps to keep the users anonymous by shuttling your internet communications a network of computers that obscures your true address on the internet, making it much harder for a website to know you visited.
Tor has downsides. It's significantly slower, some websites won't work properly and others will present themselves to you in a foreign language.
But for people valuing privacy it all might be worth and Brave is one of the two browsers offering this funciton (the other one being Tor Browser). This obviously good news for BAT as well which is an integral part of the brave browser.
NEO
On 4th of July it was NEO Foundation initiated the election of new consensus nodes, starting the era of decentralization of NEO. The candidate node run by City of Zion, after running smoothly on TestNet for over six months, got elected as the new consensus node.
This is a part of the entire NEO decentralisation initiative to make sure NEO is not centralised.
On July 6, the NEO team finally announced NEO 3.0. Among the details and improvements are increased TPS (transactions/second). This should help with running large scale dApps on NEO. Furthermore, some known bugs and improved system stability are in the works.
After the upgrade, NEO will also be divisible and the cost of deploying and running smart contracts cheaper.
Oyster
On 6th of July Oyster has published another development update in which they highlighed the finished developments as well as upcoming ones.
During that week Oyster annouced two more exchange listings: Coinsuper and COSS, development updates for new fatures and the improvement of the existing ones as well as QA for the database integration.
Oyster team posts those updates every week and they follow up the long term road plan that was posted last month.
The long term plan includes new exchange listings, localization in Japan, China and South Korea which should help in expansion into these regions, new marketing with aim of broader market awareness for Oyster as well as conferences and public appearances.
Cardano and Tron
On 4th of July Charles Hoskinson, co-founder of Cardano, released a new video update on Cardano. Along the update Cardano also updated their interactive roadmap.
The ongoing developments include multisignature transactions (where multiple users have to confirm the transaction - safety feature), a new wallet, initiatives and fees updates that would encourage users to run full nodes and to fully participate in the protocol, quantum resistance signatures, light client support and easy (human friendly) addresses.
On 3rd of July Tron (TRX) has announced that exchanges and wallets completed TRON mainnet upgrade and resumed TRX deposit and withdrawal. Before the swap TRX tokens were on the Ethereum blockchain but they are now fully supported on the TRON blockchain.
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very informating post.
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