Daily TL;DR - January 12th (Your One Stop Daily News)

DAILY TL;DR W/ CHESLINK
JANUARY 8TH – 12TH
January 12th

1. BTC NEWS
2. IN OTHER NEWS

MARKETCAP ANALYSIS

Recap from 11/20
Market Cap: $243,311,416,536
24h Vol: $7,403,167,283
BTC Dominance: 56.2%

As of 12/11
Market Cap: $462,879,608,891
24h Vol: $25,098,117,991
BTC Dominance: 61.7%

As of 12/31
Market Cap: $592,941,301,681
24h Vol: $33,207,433,786
BTC Dominance: 38.0%

As of 1/8
(apparently CoinMarketCap took off Korean exchanges, because of the premium and this caused a slight market dip as people thought prices were tanking)
Market Cap: $743,509,110,252
24h Vol: $49,897,768,988
BTC Dominance: 34.2%

As of 1/10
Market Cap: $688,568,200,691
24h Vol: $50,217,684,266
BTC Dominance: 34.2%

As of 1/12
Market Cap: $701,977,018,754
24h Vol: $38,156,371,414
BTC Dominance: 32.9%
BTC NEWS

Chinese Bitcoin Miners Head to Canada
• https://news.bitcoin.com/big-chinese-bitcoin-miners-are-turning-to-canada/

Speaking with news.bitcoin.com, Fooad Nejad, the vice president of Montreal-headquartered data-centers consulting firm Kelvin Emtech, described how “very time-constrained” Chinese firms with deep pockets are swooping in to the area with a demand to start operations as soon as possible, bringing with them thousands of mining rigs. He said that the uptick in Chinese interest started 6 months ago and increased significantly over the last month.

One of the biggest players in this industry, theBeijing-headquartered bitcoin mining machines (ASIC chips) producer Bitmain Technologies Ltd., is now publicly known to be looking to establish a presence in Quebec. The company’s spokesperson Nishant Sharma told the Reuters news agency on Friday that Bitmain was examining possible sites in the province and is also talking with regional electric power authorities. The company has just recently established a branch in Zug, Switzerland as part of its global expansion plans.

Bitcoin Babes – I had to add this lol, sorry not sorry.
• https://sputniknews.com/viral/201801121060713497-tokyo-digital-currency-pop-group/

Meet Kasotsuka Shojo, a new Japanese all-girl band that features eight singers, each representing a different type of virtual currency, such as Bitcoin, Ethereum, Ripple or Cardano. On Friday, the blistering electro-pop group performed their first ever concert in Tokyo in front of dozens of fans and media people packed in a small hall.

During a "meet-and-greet" event, fans could take a picture, shake hands and even chat with one of the performers for 0.001 bitcoin (about $15). After Virtual Currency Girls' sold-out show, several fans admitted that they had given them "a good introduction" to the world of cryptocurrencies.

Europe’s Central Banks and Bitcoin
• https://global.handelsblatt.com/finance/europes-central-banks-grapple-with-bitcoin-874157
Officials are still wondering whether these digital currencies will be a flash in the pan or lead us to a brave new world — an “Internet of Value,” with a completely new framework for monetary policymakers. The Bank for International Settlements, the Swiss-based regulator for the world’s central banks, says there is a lot of confusion about what these new currencies are.

“What’s more relevant to us than Bitcoin is the technology behind it,” said Carl-Ludwig Thiele, an executive board member of the Bundesbank, Germany’s central bank. “We’re in discussions here with central banks from a large number of countries about our experiences,” he said. Mr. Thiele, who oversees payment transactions, said that cryptocurrencies’ underlying blockchain technology is particularly interesting. Bundesbank operates the Target2 clearing system for Europe’s central banks, one of the world’s largest transaction systems.

IN OTHER NEWS

US Clickbait News is 100% FUD – Total BS Wording.
• https://coinjournal.net/south-korean-police-not-raid-cryptocurrency-exchanges-fud-triggers-market/
This week, several Western mainstream media outlets have falsely reported that South Korean cryptocurrency exchanges were “raided” by local police and authorities.

More inaccurate reports regarding the current state of the South Korean cryptocurrency exchange market led the entire cryptocurrency market to decline in value, demonstrating a similar effect to that of the various “China Bans Bitcoin” stories that have made headlines over the past few years.

A raid implies a sudden attack or a crackdown on an organization or a group of people. South Korean cryptocurrencies were compliant in the investigations and visits by the authorities from the cryptocurrency regulation task force formed by the South Korean Ministry of Strategy and Finance, Financial Services Commission, Ministry of Justice, Fair Trade Commission, and Financial Supervisory Commission.

Solume.io Data Analysis – What’s Trending?
• https://medium.com/solume-io/how-to-find-potentially-undervalued-coins-with-solume-io-15cd1a6defd2

An excellent website for social media analysis on cryptocurrencies. You can learn how many times each coin has been mentioned on social media in the last 24 hours ( “Social Volume”, and it denotes the number of coin mentions on Twitter and Reddit), and you can see the ratio of change in the last 24 hours.

Ripple to Partner with MoneyGram
• https://ripple.com/insights/moneygram-use-xrp-faster-international-payments/

Another splash of social media buzz (+178% in Solume’s social volume) around Ripple was sparked by the recent announcement of the upcoming partnership between Ripple and MoneyGram.

MoneyGram will access and use XRP, the native digital asset of the XRP Ledger, in their payment flows through xRapid, Ripple’s on-demand liquidity product. Here’s how it works: xRapid enables real-time foreign exchange (FX) settlement through XRP, which gives financial institutions the ability to unlock liquidity and access multiple corridors with one pre-funded originating account.

“The payments problem doesn’t just affect banks, it also affects companies like MoneyGram, which help people get money to the ones they care about,” said Brad Garlinghouse, CEO of Ripple. “By using a digital asset like XRP that settles in three seconds or less, our clients can move money as quickly as information.”

XRB To Be Listed on Binance
• https://medium.com/solume-io/solumes-weekly-crypto-digest-4d2d06cc39fe

The exact time of XRB’s appearance on Binance is yet to be announced, but Reddit users estimate that it may take 7 to 10 days, as it happened with the previous-month winner, ETHLend (LEND).

To those unfamiliar with Binance, it was founded in mid-2017 and has quickly become one of the largest exchanges by trading volume (with more than 7M unique visitors per month, according to SimilarWeb). In fact, Binance is so successful, it had to temporary close registration on its platform.

Goes without saying that being listed on such an exchange is an important milestone for RaiBlocks that can skyrocket its value.
According to our measures, the news was warmly welcomed in social media and led to a very positive trend in XRB’s social volume and sentiment.

AELF (ELF) the Chinese Polkadot
• http://cryptoincome.io/3-chinese-cryptocurrencies-that-will-soon-be-valued-in-the-billions/

AELF is a crypto that aims to solve both scalability and cross-chain communication by introducing the concept of parallel sidechains. AELF has been labelled as the ‘Polkadot of China’ which is true in that it attempts cross-chain communication between different chains. The mainnet release is due in Q2 2018, so the wait for something tangible from the AELF time is not too far off, unlike other interoperability platforms (Polkadot, I’m looking at you).

However, unlike Polkadot (which aims to be a sort of ‘universal API’ for all blockchains), AELF is also proposing a solution to the non-trivial problem plaguing blockchain technology: scalability. Currently, the only permissionless blockchain that has fixed the scalability problem through sharding is Zilliqa which has a testnet showing speeds of up to 2,500 transactions per second.

ELF was recently featured on Yahoo Finance (https://finance.yahoo.com/news/alphabit-fund-reveals-elf-cryptocurrency-142600847.html)

AChain (ACT) – Chinese Platform Coin
• http://cryptoincome.io/3-chinese-cryptocurrencies-that-will-soon-be-valued-in-the-billions/

In fact, Achain has been around for several years and already has a thriving ecosystem (with 33 apps deployed on the Achain platform), but is almost entirely unknown (yet) by the western world.

What’s especially interesting about Achain and what I feel sets it apart from other platform plays is the proposal of what’s known as ‘Fork Theory’, which is the ability to harness the power of forks (creating a new cryptocurrency based on the original cryptocurrency) to create an entire ecosystem based around the core crypto. Each ‘fork’ can be easily modified to provide additional functionality not present in the core code. This is what the Achain calls their ‘Galaxy fork network’. This empowers to Achain network to take the powerful forking ability of blockchains, which has been hitherto been used as a source of greed and dissent and harnesses it into a feature that adds extensibility to the system.

Come January 12th, ATC’s first fork ABTC goes live. Essentially, ABTC is a mesh of BTC and Ethereum, but with core improvements to both. All ATC holders will receive ABTC coins in a ratio of 1:1 (one ABTC per 1 ATC held). All BTC holders will receive ABTC with a ration of 1:100 (100 ABTC per 1 BTC held).

IoT Chain (ITC) – IOTA + NEO
• http://cryptoincome.io/3-chinese-cryptocurrencies-that-will-soon-be-valued-in-the-billions/

IoT Chain is being labelled as ‘The Chinese IOTA‘ by some and is backed by some powerful VC funds who are betting this will be the next IOTA, but one that focuses primarily on the Chinese market — a lucrative opportunity that’s ripe for blockchain disruption. The Internet of Things (IoT) will be worth trillions over the next decade and is one of the hottest topics in technology right now with a myriad of potential applications in Security, Artificial Intelligence, Retail, Transportation, and Supply Chain to name just a few.

Leading the pack and poised for a market cap explosion may be ITC, a fairly unknown cryptocurrency. Like IOTA, it uses a DAG structure for consensus (i.e. the much hyped ‘tangle’ technology), but unlike IOTA’s tangle technology which poses some serious security risk that have not been officially addressed by IOTA, ITC separates their platform into two layers to solve this problem:

1. The Security Layer: The Mainnet which uses the Byzantine Fault Tolerance consensus algorithm to secure the transactions
2. The Transaction Layer: Multiple subnets running on the mainnet which utilize DAG consensus for transactions

This unique solution allows for both speed and security at the same time. You may think of ITC as a combination of IOTA and NEO.

Cappasity (CAPP) – AR/VR Market Place
• https://blog.artoken.io/cappasity-solving-the-3d-mass-adoption-problem-for-online-retailers-7b2aba8f9021

Online retailers and all who seek the more immersive and interactive experience that 3D content has proven to supply, now have a ‘single stop solution’ for their content creation, distribution and management needs. Cappasity provides an ‘all-in-one solution’ for a fast 3D content production for Enterprise and Small to Medium Business retailers. The Cappasity solution solves all the technical, process and commercial problems for a scalable 3D creation and production value chain. With thanks to Cappasity’s 3D platform service any online retailer can now enlarge their own customer’s experience of their online products.

https://artoken.io/assets/docs/cappasity_token_summary.pdf
key details...

Q4 2017: Cappasity platform starts accepting Cappasity Tokens for its services
Q1 2018: 3D hologram mobile capturing app and SDK, Pluginsfor Unity/UE
Q2 2018: Smart contract empowered content marketplace, Apple ARKit integration
Q3 2018: Free 3D avatarsscanner, Remeshing solution for AR/VR devices and 3D printing
Q4 2018: Decentralized 3D contentstorage, 3D capturing for real estate spaces
Q1 2019: Decentralized AR/VR/3D app marketplace, 3D capturing for drones, Fast mobile photogrammetry, DecentralizedGPU photogrammetry solution

AR has the full potential to be a major constituent element of contemporary ecommerce and mobile commerce. According to Citi Bank research, AR commerce is expected to represent 25% of online retailing by 2035 which would equate to $1,3 trillion. Nevertheless, there are many more fields that can use AR/VR technologies including: Console & Mobile gaming, Theme park & Amusement, Media & Advertising, Sports, Music, Automotive, Education, Medical & Healthcare, Industrial use, Factory operation.

Blockchain for Patents?
• https://www.cnbc.com/2018/01/12/buying-bitcoin-led-patent-millionaire-to-even-bigger-investing-idea.html

Erich Spangenberg started in high-yield bonds and went on during the internet boom to turn a million dollars in patent acquisitions into a portfolio of software intellectual property worth $150 million. His new firm, IPwe, is attacking two issues critical to what is really innovation's own infrastructure: the intellectual property space.

IPwe is creating a blockchain-based registry to tackle the lack of access to good information on patent transactions. And it is using machine-learning algorithms to better evaluate patent validity and worth. Specialized investments in the patent asset class exist today, but the end goal of IPwe is to turn the opaque and fragmented world of patents and patent transactions into a broad asset class that can attract much more interest from the world's top institutional investors, as an example, insurance companies looking for pools of non-traditional investments that can generate significant returns.

In recent years the value of patents that have been monetized through acquisitions or licensing has neared $200 billion, and yet that represents a tiny portion of all patent grants. The World Intellectual Property Organization has estimated $180 billion in annual patent value derived from 2 percent of all patents.

Even if 90 percent of patents are worthless, that leaves 10 percent to transact, already five times the current level that is in play, based on the World Intellectual Property data. He doesn't think the math will be linear, but for the sake of an example, that's $900 billion — 5 x $180 billion. "Even 2x would still be significant. Our bet is that this number is closer to 20 percent," Spangenberg said.

DEEX – Another New DEX
• https://www.ccn.com/decentralized-exchange-deex-start-token-sale-january-10-2018/

DEEX, a decentralized financial ecosystem based on the BitShares 2.0 platform, is all set to start its token sale campaign on January 10. This exchange offers functionalities comparable to the centralized exchanges without their typical shortcomings.

DEEX is the first ever decentralized financial exchange that provides individuals a reliable and convenient platform to quickly trade, buy or sell cryptocurrencies with the most popular payment methods for the fiat currencies available in the country of his/her residence. Built around the fast and reliable BitShares 2.0 (Graphene) blockchain platform, it will protect the users from the common shortcomings of centralized exchanges such as such as security threats, unfair competition, danger of sanctions, political factors, and much more.

ColossusX (COLX) – Privacy Coin
• https://www.reddit.com/r/ColossuscoinX/comments/7pyk8i/is_colossusxt_colx_the_future/

Extremely interesting to see COLX here in a comparison with its competitors. With crowdfunding currently running to help COLX hit Poloniex, CoinExchange, BleuTrade and Livecoin Exchanges in the near future we should see a growing interest coming in very soon. Overall, a very promising project. Anonymous coins are massive business right now, but the majority of Crypto coins aren't anonymous whatsoever.

COLX puts itself up there with XMR in terms of #anonymity, which is likely the anonymity great right now, if not beyond! As for transaction speed it completely wipes the floor with any and all Cryptocoins I've ever experienced. It is as near as makes no difference, Immediate in its transactions! When compared with the speed of #BTC there is just no comparison. The old king BTC is being totally outdone by the young prince that is COLX in every technological aspect imaginable, yet still the price dwindles at less than $0.02c. Its showing all the signs of a future great in the Cryptocurrency world! For this reason we are currently buying and will continue to buy larger and larger blocks of COLX in the coming weeks.

https://www.facebook.com/CryptopiaJS/photos/gm.188954391687290/2110285809204698/?type=3&ifg=1