Cryptocurrencies Market Overview - August 16, 2017

[penguinpablo]

Welcome to my Cryptocurrencies Markets Overview for Wednesday, August 16, 2017.

Today in the news:

• Blockstream is using satellites to beam Bitcoin down to earth
• Three Ukrainian lawmakers declare Bitcoin holdings worth $47 million
• China's biggest blockchain gains its first DApp as AdEx joins NEO

24 Hour Change

7 Day Change

Month-to-Date Change

Market Capitalization

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - August 16, 2017

Announcing Blockstream Satellite

Blockstream Satellite is the world’s first service that broadcasts real-time Bitcoin transactions and blocks from a group of satellites in space. With the service, everyone will have free access to the Bitcoin network, in any corner of the world, including the estimated four billion people not currently connected to the Internet, due to lack of availability or affordability.
_{Read more: blockstream.com}

Other sources:

• Bitcoin Now Comes From Satellites In Space (vice.com)
• Blockstream Satellite: Broadcasting Bitcoin from Space (Bitcoinmagazine)
• Blockstream Is Using Satellites to Beam Bitcoin Down to Earth (Coindesk)

Three Ukrainian Lawmakers Declare Bitcoin Holdings Worth $47 Million

Three Ukrainian lawmakers have declared their bitcoin holdings as part of the country’s new electronics declaration system aimed at preventing corruption. The three hold altogether 11,644 bitcoins, worth approximately $47 million.
_{Read more: bitcoin.com}

David Sacks: Cryptocurrency fulfills the 'original vision' we tried to build at PayPal

David Sacks was PayPal's COO back in its early days, and says cryptocurrency is now fulfilling that company's original vision of creating a "database of money."
_{Read more: cnbc.com}

Legendary Bitcoin Trader “masterluc” Predicts $15,000 Bitcoin This Year

Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
_{Read more: cointelegraph.com}

China's Biggest Blockchain Gains its First DApp as AdEx Joins NEO

AdEx, a Blockchain-based ad exchange announced it is teaming up with the NEO Smart Contracts System. NEO, which is often dubbed the “Chinese Ethereum” bills itself as the Blockchain for the new “smart economy” and has recently been on a tear up the rankings by market cap and trading volume.
_{Read more: cointelegraph.com}

Swiss Bank to Sell Ether and Bitcoin Cash to Customers

A private Swiss bank is expanding a digital asset management service it launched earlier this summer to include new cryptocurrencies.
_{Read more: coindesk.com}

Companies are buying bitcoin to pay off hackers, says top cybersecurity CEO

The HBO hack is just one recent example of how cyberattackers are now targeting corporations, and CyberArk chief Udi Mokady said that bitcoin is often used to pay them off.
_{Read more: cnbc.com}

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Comments

[newsdesk]

Masterluc prediction is a very welcome possibility.

[gringalicious]

Always a great news source, thanks so much @penguinpablo

[herzaseptian]

Nice post Sir @penguinpablo, I just focus for bitcoin price. I hope the price of BTC can be grow up everyday. thanks for sharing this post to all of us Sir, very helpful

[randowhale]

This post received a 4.4% upvote from @randowhale thanks to @penguinpablo! For more information, click here!

[essar76]

wow..

[journeyoflife]

All I see in front of my eyes is BTC, it's screaming to me

[trendo]

Steem is still not going up :(

[cryptonfused]

Steem will increase in value but it may be gradual and if crypto-enthusiasts can find reasons to attribute more value to steem. The top 20 curriencies have lots of hype and drafted innovative ideas behind them.

The fact however is that steem was never designed to increase in value but to decrease/dilute over time as supply continues to increase and persons continue to cash out.

Steemit is growing and the future is still bright. It is the first successful monetized social media built on the blockchain.

[knircky]

Wait and let it grow. User and activity growth has slowed a bit. But users are growing. So it should be a matter of time only.

[journeyoflife]

I agree , it's having this stage right now of ups and downs , I kept Hold and I plan to keep holding . There's still hope

[trendo]

Yeah I fully believe in steem. No matter how long this keeps up, I'm never giving up on it :)

[aschatria]

Thanks for the insight.

[deaconlee]

Wow, that really helps me to see the overall picture of what is happening with cryptocurrencies. Great information, thank you! :)

[team101]

Thanks for this informative post!

[aker4444]

Thanks I love the Update, @penguinpablo, IOTA was amazing for me is the next big thing

[whitesj40]

I really like IOTA. Just a toe in the water but at least it didnt get swamped out when bitcoin jumped up.

[monogrande]

Thanks for this, I love these posts.

I do think integrating Ripple technology into Paypal/Venmo would make Paypal-to-Bank transactions so much faster. Instead of taking 2-3 days to get my eBay earnings to my bank, it can take minutes. :|

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