Market Analysis Report

17 June 2019

Coinscrum {MiniCon} Meetup

If you like cryptocurrencies, you'll love the Coinscrum {MiniCon} Meetup! One of Bitcoin's most well-known advocates, Andreas Antonopoulos will be the keynote speaker along with other influential speakers like Airbitz CEO Paul Puey; Zcash COO Jack Gavigan; and 3rd Key Solutions CEO, Pamela Morgan. The event will be sponsored by the Imperial College of London and its Centre for Cryptocurrency Research and Engineering. The Coinscrum meetup will take place on December 3rd, on the Clore Lecture Theatre on the ground floor of the Huxley Building. Access via 180 Queen’s Gate, London SW7 2RH.

You can register through the link below - there will be free drinks and networking after!

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IRS Effort to Access Coinbase Records Could Take Months

Last week, the IRS filed a petition in federal court in order to access data on Coinbase customers who bought and sold bitcoin between December 2013 and December 2015. However, court filings indicate that no significant action is expected until mid-February. An initial case management conference has been scheduled for 16th February in San Francisco, with 26th January being the last day the two sides could meet to hammer out a possible early settlement. Coinbase said that it did not yet have a firm date on which it plans to formally contest the petition in court, although it said last week that it would fight the petition, stating at the time:

“Our customers’ privacy rights are important to us and our legal team is in the process of examining the government's petition. In its current form, we will oppose the government’s petition in court. We will continue to keep our customers informed on developments in this matter.”

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Tech Giant Siemens is Now Working on Blockchain Microgrids

LO3, a New York blockchain startup, has partnered with tech giant Siemens to grow its TransActive Grid initiative, an Ethereum-based peer-to-peer energy transfer project that enables participants to sell excess power to other microgrid stakeholders. LO3 is working with Siemens’ next47 unit, created earlier this year, as well as its Digital Grid business line. Siemens will provide the startup with its microgrid control technology.

Ralf Christian, CEO for Siemens’ Energy Management Division, said in a statement:

“We’re convinced that our microgrid control and automation solutions, in combination with the blockchain technology of our partner LO3 Energy, will provide additional value for our customers whether on the utilities side or on the prosumer side."

How to mine Waves

Waves is a decentralized crypto platform based on improved authenticated dynamic dictionaries scalability approach being built on top of Scorex framework. The Waves Platform has recently released their full nodes, meaning that anyone can mine/forge Waves tokens. If you want to learn how to host a full node and mine Waves, check out our guide.

Read more here

State of the Crypto

Bitcoin is up 0.41% at $740.52with a volume of  Ƀ42k - 32M on the USD pairs

Litecoin is flat against the dollar for the day at $3.88 and down 0.49% to Ƀ 0.005254 on volumes of 180 BTC.

Ether is down 3.44% against Bitcoin at Ƀ 0.01321 per Ether and down 2.29% against the dollar on $9.81 with average volume 8k BTC on the ETH BTC pair. 

Zcash is up 2.77% for the day to 0.08557 BTC per ZEC and up 6.11% against the dollar to $62.65 with average volume of 1.7k BTC for the 24 hour period.

Monero is up 3.24% against the dollar at $7.64 and up 1.06% to Ƀ 0.01044 on volumes of 7.6k BTC. 

Ether Classic is down 0.86% to Ƀ 0.001152 with volumes of 331 BTC and down 0.69% against the dollar to $0.8495.

Waves is up 0.49% at Ƀ 0.0003668 on 59 BTC volume. 

STRAT is up 3.56% to Ƀ 0.00008705 on 39.55 BTC volume.

Lisk has 95 BTC volume for the day. The price is down 2.48% at Ƀ 0.0002202.

Dash is down 3.36% at Ƀ 0.01152 with 640 BTC volume and down 2.28% against the dollar at $8.59.

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