#DailyCryptoBrief #ITBiometrics #CryptoHeadlines
This is your ITB Media Daily Crypto Brief for Monday, July 13, 2020.
In Mainstream Financial News.
CNBC reports: Gold is the ‘real bitcoin’: Trader sees new highs ahead for the metal – https://cnb.cx/38GSKlz
Gold topped $1,800 on Wednesday, marking a nearly nine-year high.
Its rally may not be over yet, according to Boris Schlossberg, managing director of FX strategy at BK Asset Management. “I guess gold is the real bitcoin,” Schlossberg joked on CNBC’s “Trading Nation” on Wednesday. “Ultimately I think what’s happening is the market is taking implicit bets that inflation is starting to pick itself back up, and I think there’s a really good reason why the market thinks so.”
Bloomberg Headline: Temasek Backs Efforts to Commercialize Blockchain Projects – https://bit.ly/2ZooN6L
Temasek Backs Efforts to Commercialize Blockchain Projects. (Bloomberg) — Singapore’s Temasek Holdings Pte said it will support efforts to find commercial applications for a project that explored the use of blockchain in the financial industry.
The Asia Times Reports: Next bitcoin rally will ‘set hair on fire’ – https://bit.ly/302PX2c
In a new episode of the What Bitcoin Did podcast, Nic Carter, Tuur Demeester, Robert Breedlove and Alex Leishman agree that a widespread economic shift is brewing around the world, which will ultimately benefit the top crypto.
Wall Street Journal Headline: China’s Ride-Hailing Giant Didi to Test Beijing’s New Digital Currency – https://on.wsj.com/38PmrB9
BEIJING—Chinese ride-hailing giant Didi Chuxing Technology Co. said it is working with the People’s Bank of China to test the central bank’s fledgling digital currency on its transportation platform, advancing Beijing’s effort to digitize the yuan.
Forbes Headline: As Bitcoin Struggles, This Minor Cryptocurrency Has Soared 1,000% In Just Over 12 Months – https://bit.ly/3frYAK9
The chainlink price this week hit an all-time high of $6.49 per link token, according to data from bitcoin and crypto exchange Coinbase, adding 60% over the last month and taking it to touching distance of the top ten most valuable cryptocurrencies. Chainlink, designed to bridge payment services and blockchains such as bitcoin and ethereum, was created in 2015 and offered its link tokens to investors in a 2017 initial coin offering (ICO) at $0.11 per token, raising $32 million.
In Social Media headlines.
Altcoin Daily (YouTube) posts a video titled: I Was WRONG about DeFi Cryptocurrency! I Have Changed My Opinion [MAJOR UPDATE] Cryptocurrency News.
The Moon (YouTube) reports: OMG!!!!! BITCOIN HASHRATE ALL-TIME-HIGH!!!!!! CHAINLINK PUMPING!!!! $1,000 POSSIBLE?!
Data Dash (YouTube) posts a video titled: Mastering Markets | Invest Like A Pro In July 2020.
On Crypto Zombie (YouTube): INSANE!!! BITCOIN COINCIDENCE?! WEALTHY INVESTORS HUGE BTC SECRET EXPOSED!
In Crypto Publications headlines.
Cointelegraph reports: Stocks, Greed and Exuberance: 5 Things to Watch in Bitcoin This Week – https://bit.ly/2Oji33E
Stocks, Greed and Exuberance: 5 Things to Watch in Bitcoin This Week
Stocks under pressure: does “valuation” matter? The macro outlook seemed more or less stable on Monday. …
A tale of two Fear & Greed indices. …
Cash, gold inflows beat stocks in 2020. …
Bitcoin fundamentals stay strong. …
Warnings remain over derivatives.
Coindesk.com headline: Inside the Craze for Filecoin Crypto Mining in China – https://bit.ly/3gT8ODz
As Filecoin inches closer to a blockchain mainnet launch – after several delays since its $200 million raise in 2017 – investors in China are again speculating heavily on the network’s mining hardware and its token prices.
Cryptotelegraph.com reports on its front page: Chainlink Takes Top 10 By Storm, EOS Leaves the Club – https://bit.ly/3iX5x8c
After the latest rally, LINK has climbed in the rankings of the most valuable crypto-assets by market capitalization, from number 12 a few days ago to number 9 today, outranking both Binance coin (BNB) and EOS. The latter is now 11th.
This has been your ITB Media Daily Crypto Brief for Monday, July 13, 2020.
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