COINFEED HEADLINES OF THE DAY
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Bitcoin can’t get enough of itself at $6400 dollars.
Movers and Shakers
Winners: DASH is the clear winner of the day with a sharp pop up by 8%. Other notable moves include Bitcoin Gold and Bitcoin Cash. The former is celebrating its anniversary while the latter is getting read to fork. If you’re not forking or celebrating your anniversary, I don’t know what you’re doing.
Losers: And what goes up must come down with Ravencoin coming in for a landing at a 5% drop.
Overall, the total network value for all of crypto is up to $212 billion dollars with a notable increase in volume over the weekend.
Top Headlines
And now the headlines of the day.
Binance Uganda Hits 40k
40,000 Ugandans have signed up for Binance Uganda in its first week of launch. Ugandans see great opportunity in reducing middleman fees for remittance payments.
https://coinfeed.com/view/2979351/64/binance-uganda-recorded-40000-registration-in-its-first-week
DASH Venezuela
Dash has launched an SMS based payment system in Venezuela. Great news for the country as it may not have the best access to the internet at the moment. Great news for crypto overall.
https://coinfeed.com/view/2987580/64/dash-launches-sms-payments-service-in-venezuela
TI-Manipulators
Investors are taking rapper T.I. to court for crypto fraud for an amount of $5M. T.I. and a man named Ryan Felton are accused of a pump and dump scheme including a not-so well thought out coverup.
https://coinfeed.com/view/3053713/64/rapper-ti-sued-5-million-usd-for-cryptocurrency-fraud
AMD ASICS
Despite the bear market in crypto, ASIC manufacturers are reportedly seizing sizable revenues. With that, AMD revealed its continued interest in the sector with a partnership among seven other companies to release mining hardware. By the way guys, we’re going to have a live video AMA session with an ASIC manufacturer in the Coinfeed app very soon. Create a username and download the app if this interests you.
https://coinfeed.com/view/3050988/64/amd-partners-with-seven-companies-to-produce-the-best-crypto-mining-rigs
Son of Google’s CEO
Sundar Pichai, CEO of Google, revealed that instead of googling Ethereum, he instead asked his 11-year old son who happens to be mining it. Is his son the product of artificial intelligence? Comment below.
https://coinfeed.com/view/3016808/64/ceo-of-google-reveals-his-11-year-old-son-is-an-ethereum-miner
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