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The Daily 2 – We’re Back With A Bitcoin Recap



Welcome to episode 9! You may have noticed that we haven’t had an episode of The Daily 2 for a little while now, things have been a little hectic… we’ve experienced moving to a new studio and learning the ins and outs of video and sound editing.

Let’s start 2019 by talking about the 10th anniversary of Bitcoin. Happy birthday Bitcoin! Wow, 10 years old already… Where did the time go? Bitcoin is still very much a Youngster, but growing in maturity and usefulness every day. It has been up 100% of the time in these 10 yearsOn the Bitcoin network, a network that has never been hacked, not even once. Bitcoin’s resiliency is to be admired and respected and I’m happy to have been involved for the better part of the past 4 years. 10 years ago, on Jan 3rd, 2009, the first Bitcoin block of 50 Bitcoins was mined with this hash:.

This first block is known as the genesis block. The London Times ran a story that day with a front-page title of: “Chancellor on Brink of second Bailout for Banks” and the message:

“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” was embedded into the very first block, the genesis block, of Bitcoin, by the mysterious creator or creators known only by the name, Satoshi Nakamoto.

This is widely accepted as to bring awareness to the failing fractional reserve banking system and to prove that it happened on or after that date. Also, to provide a possible solution to this failing banking practice. No one knew how far Bitcoin would go, or how much blockchain technologies (including technologies spawned from blockchain) would change our lives forever.

I remember thinking how early I was to the game back in 2015, and now still feel that everyone involved or getting involved now, is still early… But that isn’t going to be the case forever. This technology, this way of finance and way of communicating data across the internet securely will ultimately change every facet of our lives to include: how we communicate with each other, how we exchange information online, how we vote and even how we govern ourselves. The possibilities are endless.

Humanity is on the brink of some of the greatest technological advancements we have ever known and a lot of that is and will be a direct result of Satoshi Nakamoto’s gift to the world.

If you are not involved in Bitcoin or blockchain technology yet, you should start paying some attention. I feel that 2019 will be huge for the cryptocurrency markets. (now, I’m not a financial advisor, so do your own research).

Wherever you are if you liked this episode, give it a like, share it with others and subscribe to the channel, because I’m going be knocking out videos a whole lot more from now on. Thanks for watching and see you on the next one!



Bakkt Futures to Launch in the Current Quarter



Managing director and quant strategist at Fundstrat Global Advisors Sam Doctor suggested in a Twitter post published on July 19 that Bakkt’s Bitcoin (BTC) futures contracts will launch this quarter.

According to the post, which includes a summary of Fundstrat’s takeaways from the Bakkt Digital Asset Summit held on July 18, the firm’s futures will launch in the current quarter. The launch is set to follow tests announced last month, which are scheduled to start next week. The firm believes that the launch will be a catalyst to accelerate entry of traditional institutional investors. The post notes:


During the aforementioned event, Commodities Futures Trading Commission (CFTC) commissioner Dawn Stump apparently expressed that no current cryptocurrency could threaten financial stability and that the regulator sees a growing demand for Bitcoin futures from the public. Also during the summit, chief information officer at crypto investment firm Blocktower Ari Paul was reportedly confident that once a killer app or user interface makes cryptocurrency on-ramps safe, reliable and as easy to use as Paypal, retail adoption will be enormous.

According to the Fundstrat notes, Paul also said that institutions should not dismiss crypto assets, considering their low correlation with traditional assets and with compound annual growth rates of 200%-300%. He also said that inflation and confiscation resistance of cryptocurrencies are a key value proposition.

Pantera Capital CEO Dan Morehead, on the other hand, said that most tokens will fail and a handful of base protocols will survive, but with thousands of decentralized applications built on top of them. 

As Cointelegraph reported in May, the Intercontinental Exchange is reportedly taking steps to ensure approval from the United States CFTC for Bakkt.

News Source

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Bitcoin Price Slips 10% in 24 Hrs as Fed Raises Facebook Libra Concerns



Bitcoin Price Slips 10% in 24 Hrs as Fed Raises Facebook Libra Concerns

Bitcoin price (BTC) shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior United States lawmaker.

Market visualization

Market visualization courtesy of Coin360

Data from Coin360 sees the majority of cryptocurrencies firmly in the red Thursday, hours after Federal Reserve Chairman Jerome Powell said Facebook’s offering should not continue development.

Libra, which aims to act firstly as a cross-border payment method, allegedly buoyed Bitcoin throughout recent weeks, with commentators arguing its public profile was driving publicity and uptake of Bitcoin itself. 

Powell’s demands, which follow similar words from representatives of the Senate House of Financial Services Committee, leant weight to that theory.

“Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability,” he said during a speech before a congressional committee. “These are concerns that should be thoroughly and publicly addressed.”


At press time, BTC/USD traded down 10.4% at $11,530, having risen as high as $13,160 in recent days. 

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: Coin360

The drop places the pair still within its recent corridor between around $9,700 and $13,800, with volatility still in evidence across crypto markets. 

Altcoins, meanwhile, delivered noticeably worse performance as Bitcoin price fell, with several assets in the top twenty by market cap shedding 15% or more.

Ether (ETH), the largest altcoin, lost a similar amount to Bitcoin, hitting $272 and firmly losing support at $300 once again.

Ether 7-day price chart

Ether 7-day price chart. Source: Coin360

Among the worst performers were Bitcoin SV (BSV), which lost 17.2%, and EOS (EOS), which was down 20.2%.KEEP TRACK OF TOP CRYPTO MARKETS IN REAL TIME HERE


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Bitcoin Approaches $11,000 With All Top 20 in Green



Saturday, July 20 — crypto markets have seen another upward move, with all top 20 coins by market cap seeing major gains, while Bitcoin (BTC) has approached $11,000 mark again.

Market visualization from Coin360

After dipping below the $11,000 threshold on July 14, Bitcoin has approached the price point today, with its intraday high of $10,944, according to data from CoinMarketCap. The biggest cryptocurrency added 3.7% to its price to trade at $10,922 at press time. As Bitcoin has seen significant volatility this week, with its price having dipped below $9,500, the cryptocurrency is down around 3% over the past 7 days at press time.

Bitcoin 24-hour price chart. Source: Coin360

Ether (ETH), the second cryptocurrency by market cap, is up over 5% and trading at $232 at press time. The top altcoin is down 13.4% over the past 7 days.

Ether 7-day price chart. Source: Coin360

Ripple (XRP), the third top cryptocurrency by market cap, added 6.4% to trade at $0.339, also seeing a notable growth over the past 7 days, adding up to about 2.6%.

Ripple 7-day price chart. Source: Coin360

Bitcoin SV (BSV), the ninth top cryptocurrency by market cap, has added over 25% to its value today, seeing the biggest growth among the top 20 coins by market cap.

As of press time, total market capitalization amounts to $298 billion after that number dropped below $250 billion earlier this week. Daily trade volume amounts to around $63 billion.

The new wave of green on crypto markets follows a recent bullish prediction by managing director and quant strategist at Fundstrat Global Advisors Sam Doctor, who suggested that much-anticipated Bakkt’s Bitcoin futures contracts will launch in Q3 2019.

Additionally, India’s Minister of State for Finance Anurag Thakur said yesterday that there is no legislation in India that expressly bans citizens from using cryptocurrencies.


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