Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 9/28/2018
Crypto News & Analysis
An Initial Coin Offering (ICO) that is compliant to the standards of the Securities and Exchange Commission is a newsworthy item. The funds being raised through ICOs around the world have been significant. The first 6 months of 2018 reigned in nearly US $14 billion dollars in funding through ICOs, almost double the total amount raised in all of 2017.
BlockSafe Technologies has announced the launching of their SEC approved Security Token Offering (STO). BlockSafe has been in the business of providing cyber security for 17 years. They are headquartered in Edison, New Jersey. BlockSafe is committed to eradicating cyber theft. They have leading edge technology to prevent crypto wallets from being hacked. BlockSafe is developing a solution to provide cyber security to cryptocurrency exchanges as well as newly created blockchains.
BlockSafe has made available to the public their latest version of anti-malware software for mobile and desktop functionality. They have aptly named it the CryptoDefender. Its primary function is to prevent crypto wallet theft. Their ExchangeDefender is targeted to defend the inner workings of cryptocurrency exchanges. The BlockchainDefender will provide a solution to protect permissioned blockchains by,
“Enabling a company to add Authentication, Transaction Verification, Content Filtering, DDoS Mitigation, Load Balancing and a Secure Firewall. There is no other product on the marketplace that offers this level of security for blockchains,” says George Waller, CEO and Co-Founder of BlockSafe. The ExchangeDefender and BlockchainDefender are currently in beta testing.
BlockSafe claims that more than $350 million have been stolen from crypto wallets and those crimes go unreported. The victims of those crimes feel they have no legal recourse to reacquire their missing assets. BlockSafe’s Chief Technology Officer has stated that $9 million is stolen every day from unsuspecting individual’s crypto wallets.
“And the fear that this lack of security fosters is the single largest obstacle to mass consumer adoption of cryptocurrencies and the technology behind them.”
The exact dates of the presale and the complete STO will be announced soon. BlockSafe intends to raise $27million through their ERC-20 STO. They plan to use the proceeds from the sale to further the development of their cyber security technology.
BlockSafe’s parent Company Strike force, listed on the NASDAQ (SFOR), is a well known facilitator of cyber security solutions for corporations, government agencies, and consumers.
Forex News & Analysis
The USD gained ground against the mighty Bitcoin this week. The USD started the week pairing with Bitcoin at an exchange rate of $6706 / 1 Bitcoin. The pair ended the week exchanging at a rate of $6615 / 1 Bitcoin. The dollar gained a 1.38 % advantage over Bitcoin by the end of the week.
BTC/USD Chart Courtesy of Tradingview
The world is waiting for legislation to be in place to accelerate the process of cryptocurrency adoption. Representatives from the U.S. Chamber of Commerce, NASDAQ, Fidelity, and Andreessen Horowitz gathered together in a room at the Library of Congress to discuss how they can help lawmakers legislate the long awaited regulations for cryptocurrencies. The meeting promoted a healthy discussion between lawmakers and leaders in the financial industry. Financial industry leaders warned lawmakers their delay in regulating cryptocurrencies could drive blockchain innovation away from the United States. Although the discussion and its outcome were not enough to help the price of Bitcoin this week.
The USD index (.DXY) compares the USD to 6 globally dominant currencies. The USD lost ground when compared to its global counterparts towards the end of the week. The .DXY index recorded a value of 94.10 at the beginning of the week. The Index closed at 95.21 recording a 1.18% gain in value by the week’s end. Many analysts believe the gains recorded by the USD are a direct result of the Federal Reserve Bank raising interest rates on Wednesday. The Bank has also indicated that they will raise rates at their next meeting in December and 3 more times in 2019. The Mexican Peso continues to hold an advantage over the USD. Starting the week at 19.02504 / 1 USD. The MXN closed the week at 18.814 up 1.122%. While the Australian Dollar maintained a slim disadvantage over the dollar by the close of the week. The AUD ended the week marginally weaker compared to the USD, pairing with the USD at 0.72527 AUD / 1 USD at the beginning of the week and closing the week recording an exchange rate of 0.7214 a 0.534% decrease in value.
Crypto Futures News & Analysis
As we see the world’s number 1 economy taking steps towards creating legislation for digital assets. Be assured that the adoption and integration of cryptocurrencies and blockchain technology, in our daily lives, are increasing with every step. Legislation for digital assets will precede widespread adoption. It’s unusual that the US financial system is taking their time to implement legislation for a highly lucrative financial product. The 21st Money Team is of the opinion that the Securities and Exchange Commission (SEC) will never forget the part their agency played in the 2008 financial crisis. It was a failure on the American side of the Atlantic that had caused the house of cards to fall. Therefore we can expect the United States’ SEC to lag behind other nations on the approval of certain Crypto-products until they have the manpower and resources to properly oversee them.
Tom Emmer, Co-Chairman of the Congressional Blockchain Caucus of the United States, is doing his part to help the SEC move forward with cryptocurrency adoption. He has proposed three legislative bills to his lawmaking branch of the American government. The “Safe Harbor for Taxpayers with Forked Assets Act,” the “Resolution Supporting Digital Currencies and Blockchain Technology,” and the “Blockchain Regulatory Act.”
The Safe Harbor for Taxpayers with Forked Assets Act, will be a provision in US law that confirms cryptomining entities do not have to register any of their hardware or software as money transmitters. The Resolution Supporting Digital Currencies and Blockchain Technology, simply expresses legal support of Cryptocurrency. It has been reported that the Congressman has the mindset, blockchain technology cannot be stopped because of a bureaucratic process. Blockchain technology should be able to develop with legal tolerance from the government. That is the stance of this proposed legislation. The Blockchain Regulatory Act is designed to give taxpayers relief from unclear tax guidelines from the Internal Revenue Service. The Act will give clear instructions on how to report income gained through cryptocurrency transactions. Its intent is to remove the fear taxpayers are under from being unfairly fined by the Internal Revenue Service, the national taxing authority. The law will also give American taxpayers protection from being overtaxed by the IRS regarding gains made through cryptocurrency transactions.
These proposals if approved and passed on to the American Senate will definitely pave the way for more crypto adoption by mainstream America. Another step has been taken. The 21st Money Team will keep you informed regarding the regulatory environment surrounding cryptos.
Crypto Stocks & Analysis
Fintech and Cryptos are forging a unique relationship. When advances are made in Fintech it affects cryptos and vica versa. Our new age of economics is truly global in nature. Therefore it is necessary to look beyond your backyard for stocks related to Fintech and Cryptos. Technology is not isolated to one part of the world. Technological advancements can come from anywhere in a globally oriented trading culture.
The 21st Money team’s search for investment opportunities has taken us way down under. Afterpay Touchgroup Ltd. (APT.AX) listed on the Australian Stock Exchange may very well be the jewel we all have been looking for. Afterpay Touch Group Limited is an Australian based technology company. The company is focused on providing technology that facilitates retail payments and commerce between retail merchants and end customers, offering a buy now receive now, pay later service.
APT’s stock price has gained more than 180% in the last 12 months. APT started the year trading at AUD $6.26. The stock is trading at AUD $17.80, at the time of this writing.
Recently, APT has made some strategic alliances that may have helped boost the stock price. APT has recognized growth opportunities in the beauty, entertainment, travel, and health markets. They have made partnerships to pursue these growth opportunities with Ardent Leisure Group (AAD.AX), Qantas Airways Ltd. (QAN.AX), and Smiles Inclusive Ltd. (SIL.AX)
This week’s Biggest Winners in Cryptocurrencies
1) +200.88% Electroneum (ETN) Started the week at $0.00771060 Ended the week at $0.0232
2) +84.35% Zipper (ZIP) Started the week at $0.00105083 Ended the week at $0.00193723
3) +63.97% Enjin Coin (ENJ) Started the week at $0.0433 Ended the week at $0.0710
4) +40.01% Odyssey (OCN) Started the week at $0.00545349 Ended the week at $0. 00763554
5) +38.16% Telcoin (TEL) Started the week at $0.00080104 Ended the week at $0.00110671
6) +36.45% Gas (GAS) Started the week at $5.35 Ended the week at $7.30
7) +32.04% Getmoder (GTMR) Started the week at $0.181 Ended the week at $0.239
8) +30.81% SmartCash (SMART) Started the week at $0.0211 Ended the week at $0.0276
9) +24.82% NavCoin (NAV) Started the week at $0.0274 Ended the week at $0.0342
10) +23.93% GXShares (GXS) Started the week at $1.17 Ended the week at $1.45
11) +22.89% SONM (SNM) Started the week at $0.0533 Ended the week at $0.0655
12) +18.11% QuarkChain (QKC) Started the week at $0.0392 Ended the week at $0.0463
13) +16.69% Bitcoin Gold (BTG) Started the week at $22.41 Ended the week at $26.15
14) +16.67% Dreamscape Token (DSC) Started the week at $1.20 Ended the week at $1.40
15) +15.94% ByteCoin (BCN) Started the week at $0.00200755 Ended the week at $0.00232751
Crypto Chart of the Week
Electroneum (ETN) Chart courtesy of CoinValuator
Electroneum (ETN) ranks 42nd on the list of cryptos ordered according to their market capitalization. ETN’s current market cap is $192,690,000. Electroneum has coined the phrase ‘enablement currency’ as it is going to enable a new 3 trillion dollar market (Price Waterhouse Coopers predicts this market to be as large as USD 3 trillion in their 2017 Global Fintech Report) by allowing over 350m smartphone users in the developing world to enter the digital market for the first time. $5,702,829 worth of ETN changed hands September 28 at an average price of $0.02
Heard Through the Grapevine
Upcoming ICOs and Events
October 1 – 2 – SWELL Conference San Francisco, California USA (Special Guest Speaker – Bill Clinton)
October 8 – 10 – Blockchain East Summit And Trade Show New York, USA
October 9 – 10 – XBlockchain Summit Bali, Indonesia
October 15 – 16 – SolarTech Summit Porto, Portugal
October 17 – Financial Times Digital Health Summit New York, New York USA
October 23 – Blockchain & Bitcoin Conference Malta Mellieha, Malta
October 30 – November 2 – Devcon IV in Prague Prague, Czech Republic
October 31 – November 2 – World Crypto Con Las Vegas, Nevada USA
November 1 – 2 – Malta Blockchain Summit St. Julian, Malta
November 28 – 29 – Blockchain Expo North America 2018 Santa Clara, California
November 29 – 30 – Monaco International Blockchain Forum Monaco
March 19 – 21, 2019 – Money20/20 Asia Singapore
Aceso (ASO) Sale Starts September 28 Sale Ends December 15 / User To User Cyber Threat Intelligence
Alluma (LUMA) Sale Starts September 28 Sale Ends November 13 / The first institutional grade cryptocurrency exchange dedicated to emerging markets in Asia
Dlex (DLEX) Sale Starts September 28 Sale Ends October 20 / A cryptocurrency exchange with advanced features
Noiz (NOIZ) Sale Starts September 28 Sale Ends October 31 / An AI+blockchain ad exchange network providing transparent data to all parties, ensuring optimized user experience & empowering social impact campaigns
Selfpay (SXP) Sale Starts September 28 Sale Ends October 28 / Proposing an innovative mixed solution with a clear updatable path enabling sellers and buyer to accept any cryptocurrency, anywhere, anytime
Bitacium (XBCU) Sale Starts September 29 Sale Ends October 28 / Bringing in sensational innovation to blockchain and media services, integrating business and social activities into one network to enhance lifestyles all over the world
Clarity Project (CLRTY) Sale Starts September 29, 2018 Sale Ends February 3, 2019 / A future where the Clarity platform is on every business owner’s device
Adab (ADAB) Sale Starts September 30 Sale Ends November 30 / Developing the FICE – First Islamic Crypto Exchange, based on the norms of Shariah
BBiller (BBILL) Sale Starts September 30, 2018 Sale Ends January 11, 2019 / Centralized accounting and banking
Beverage.cash (BC) Sale Starts September 30 Sale Ends December 31 / A decentralized platform for alcoholic beverage market based on social eco system with integrated wireless network combined RFID/NFC tags and sensors
Bithemoth (BHM) Sale Starts September 30 Sale Ends November 1 / Striving for excellence and the development of the blockchain world
BitMED (BXM) Sale Starts September 30 Sale Ends October 31 / Creating access to cost-free healthcare while also creating commercial value for everyone involved
CariOS (CAS) Sale Starts September 30 Sale Ends October 31 / A market where car data can be shared and exchanged
Conventment (CNVT) Sale Starts September 30 Sale Ends October 10 / Cannabis Logistics Powered By Ethereum
CPROP (CPROP) Sale Starts September 30 Sale Ends October 31 / Transactional real estate the blockchain way
CRYPTTO (TTO) Sale Starts September 30 Sale Ends October 30 / Quantitative Crypto Trading Platform
EMX (EMX) Sale Starts September 30 Sale Ends October 14 / Reimagining the cryptocurrency trading landscape, giving crypto holders the ability to trade global futures contracts on a single platform – without the need to convert to fiat
ExploreCoin (XPC) Sale Starts September 30 Sale Ends October 5 / A cryptocurrency designed to be the leading travel cryptocurrency in the world
Get Achieve (GAT) Sale Starts September 30 Sale Ends November 25 / A Viral and Addictive Blockchain based AR game for the Masses
Helix (mHLX) Sale Starts September 30 Sale Ends November 11 / A Berlin-based technology company that is dedicated towards developing and creating a sustainable digital ecosystem that interconnects Everyone and Everything; without intermediaries or central authorities, and at virtually no cost
Kimera (KIMERA) Sale Starts September 30 Sale Ends October 31 / Combining powerful Artificial Intelligence with blockchain technology to evolve the global digital network to be able to proactively make peer-to-peer connections across ANY industry
LevelApp (LVL) Sale Starts September 30 Sale Ends October 30 / Designed to remove barriers on the way of cryptocurrency adoption
Phenomenal Network (PN) Sale Starts September 30 Sale Ends October 20 / The first blockchain-powered affiliate revolution by rewarding qualified affiliates and benefiting both ad networks and advertisers
Soundeon (SND) Sale Starts September 30 Sale Ends October 30 / A pioneering decentralized and vertically integrated music platform that covers all aspects of the music industry. A Music ecosystem in which anyone can achieve success, either independently or by becoming a stakeholder in their artist’s success story
Vaultitude (IP) Sale Starts September 30 Sale Ends October 31 / A browser based software for intellectual property (IP) protection and management will become a revolutionary new standard for this multi billion USD industry
ZED (ZED) Sale Starts September 30 Sale Ends December 30 / A SaaS platform using ZED cryptocurrency to connect a global network of Money Transfer Operators
8 Circuit Studios (8BT) Sale Starts October 1 Sale Ends October 31 / Building video games, digital assets and tools for blockchain that empower players and developers to manifest their imagination
Academia Lingu (LIN) Sale Starts October 1 Sale Ends December 31 / A platform, which aims to give equal language education to all internet users, based on blockchain technology
AutoBlock (AUTOCOIN) Sale Starts October 1 Sale Ends December 15 / Transforming the way people buy, sell and research cars
Bdaq (BDAQ) Sale Starts October 1 Sale Ends October 31 / Tokens not Listed Yet? Sell Them with Bdaq
Big Data Block (BDB) Sale Starts October 1 Sale Ends October 31 / The Democratization of Big Data. Making Big Data Accessible, Affordable and Secure for Everyone thru the Power of Blockchain Technology
BIRC (BIRC) Sale Starts October 1 Sale Ends October 16 / An innovative and interactive reward ecosystem that combines local shops, O2O (Online To Offline) and blockchain
DECOIN (DTEP) Sale Starts October 1 Sale Ends October 26 / A Decentralized coin and Trading Platform Exchange which redistributes its revenue to coin holders
Fan360 (FAN) Sale Starts October 1 Sale Ends October 31 / A blockchain-based platform for sports fans, that covers the complete fan experience
FiveStarMiningNetwork (FSN) Sale Starts October 1 Sale Ends October 31 / The first cryptocurrency mining network that will provide guaranteed profit to investors each month
Fluence (FLU) Sale Starts October 1 Sale Ends December 31 / Network of independent nodes that provide a decentralized, end-to-end encrypted database service. Scalable, reliable and secured by blockchain
Game Protocol (GXT) Sale Starts October 1 Sale Ends October 31 / A decentralized platform for video games
GrowPayment (GRPM) Sale Starts October 1 Sale Ends December 31 / A global cannabis Marketplace platform accepting fiat and cryptocurrency that is fully regulated by international jurisdictions. Catering to Hemp, CBD and cannabis related products
Hala (HALA) Sale Starts October 1 Sale Ends November 1 / AI Platform for Business
Inflr (INFLR) Sale Starts October 1 Sale Ends November 30 / An ERC20 standard token utility that will give token owners the ability to access the Inflr platform with its many features and unique data on influencers and brands
KINEKT Terminals (XKN) Sale Starts October 1 Sale Ends October 31 / Transaction agnostic blockchain integrated terminal
LaborCrypto (LBR) Sale Starts October 1 Sale Ends November 30 / A light touch administrator in a people-powered freelance work ecosystem
LanceChain (LANC) Sale Starts October 1 Sale Ends October 31 / The decentralized marketplace for both freelancers and project owners, based on the blockchain ecosystem
Land Layby (HRBE) Sale Starts October 1 Sale Ends October 31 / A blockchain platform that will create a history of immutable and incorruptible land ownership details in most developing countries through empowering the community to participate in listing their land assets
MapCoin (MAP) Sale Starts October 1 Sale Ends October 31 / Aiding the collection of data for the whole autonomous vehicle and mapping industry
MarbCoin (MAB) Sale Starts October 1 Sale Ends November 20 / A new blockchain-based application, dedicated to the purchase, sale and financing of residential and commercial real estate
Newton (NEW) Sale Starts October 1 Sale Ends October 15 / Decentralized infrastructure of protocol-based economy
Open Collectors Network (ECTO) Sale Starts October 1 Sale Ends November 1 / Decentralized exchange for one-of-a-kind tokens
Õpet Foundation (OPET) Sale Starts October 1 Sale Ends December 31/ Building a blockchain to store the tertiary/college admission data of all high school students
OUNA (OUNA) Sale Starts October 1 Sale Ends October 31 / Blockchain-based, peer-to-peer HR assessment and recruitment ecosystem
Paytomat (PTI) Sale Starts October 1 Sale Ends October 30 / A blockchain-based payment processing system created to help merchants, consumers and crypto core teams to find each other and create real life traction for cryptocurrencies as emerging method of everyday payments
Quizando (QUIZ) Sale Starts October 1 Sale Ends November 30 / Where influencers, large and small, get to host their own Last Man Standing quizzes in real time via video link
SamBanx (SAM) Sale Starts October 1 Sale Ends October 31 / Connect crypto-assets to EU classic banks accounts
Shipit (SHPT) Sale Starts October 1 Sale Ends October 31 / A community of senders and travelers united by the mobile app that helps the former ship packages and the latter make extra money while traveling
ShopperCoin (SCO) Sale Starts October 1 Sale Ends October 20 / Cryptocurrency that represents trust and loyalty, creates and promotes a singular, universal loyalty ecosystem. ShopperCoin creates a decentralized, unified customer loyalty ecosystem that uses blockchain technology as its backbone and SCO, the ShopperCoin digital asset, as its medium of exchange
SMRT (SMRT) Sale Starts October 1 Sale Ends January 1 / New Era for SMART Startups
Snapparazzi (SNPC) Sale Starts October 1 Sale Ends October 29 / A revolutionary, decentralized independent media sharing & advertising platform, utilizing blockchain technology and offering everyone SnapCoin rewards
Svper (SVP) Sale Starts October 1 Sale Ends October 30 / Redefining Socializing Online
Tiberius (TCX) Sale Starts October 1 Sale Ends October 21 / An asset-backed token that allows users to directly participate in a portfolio of precious and base metals that are used in industries such as IoT, Transportation, Space, Robotics and AI
Tokenaire (AIRE) Sale Starts October 1 Sale Ends October 31 / Personalizing The Blockchain
TrustBar (TSB) Sale Starts October 1 Sale Ends October 31 / A decentralized crypto exchange that enables an individual or institutions to trade with another cryptocurrencies and tokens
Unitalent (TAT) Sale Starts October 1 Sale Ends December 31 / Swiss blockchain enabled freelancing platform. It gives access to high-skill freelancers, allows direct peer-to-peer contracts between freelancers and corporate clients, and distributes project rewards transparently with smart contract secured transactions
Vertex (VTEX) Sale Starts October 1, 2018 Sale Ends January 25, 2019 / An OTC platform that will offer tokens before they are listed on exchanges, the moment an ICO is over
Viarium (VRX) Sale Starts October 1 Sale Ends November 30 / A decentralized VR-platform for business on the blockchain
Virtuse Exchange (VIRT) Sale Starts October 1 Sale Ends October 31 / Bridging cryptocurrencies with the $300 trillion global financial market
VMC.AI (VAI) Sale Starts October 1, 2018 Sale Ends January 1, 2019 / A decentralized solution for a trillion dollar market
Wyzerr (WZR) Sale Starts October 1 Sale Ends December 31 / AI to turn feedback data into tasks and insights for the different roles within a company
XELS (XELS) Sale Starts October 1 Sale Ends October 31 / A platform aimed at counteracting the effects of global warming
XERA (XERA) Sale Starts October 1 Sale Ends November 27 / Transforming the way cryptocurrencies are traded, offering traders and investors a seamlessly integrated solution for their cryptocurrency investing
YellowBetter (YBT) Sale Starts October 1 Sale Ends December 31 / A social portal that gives users the opportunity to get closer to the living culture and language of the country that interests users through direct contact with a real representative of the country
ZAZA (ZAZA) Sale Starts October 1 Sale Ends December 31 /
Decentralized Business Platform and B2B network powered by Blockchain.
ZNAQ (ZNAQ) Sale Starts October 1 Sale Ends October 31 / The first crypto index traded as a token
Tachain (TCHN) Sale Starts October 2 Sale Ends October 31 / Providing comprehensive ad targeting system for advertisers while maintaining full security and effectiveness of a full scale transportation app
Vibeo (VBEO) Sale Starts October 2 Sale Ends October 31 / A new Era of Social/Instant Messaging app
Creditor Data Platform (CDPT) Sale Starts October 3, 2018 Sale Ends February 3, 2019 / A decentralized personal data marketplace that creates a transparent and mutually beneficial exchange of data between individuals and data purchasers (commercial companies who are looking for additional source to acquire the data or for target audience)
KiMex (KMX) Sale Starts October 3 Sale Ends December 2 / A platform for the crypto BO trading Industry and a Good Wallet for traders
VendiCoins (VENDI) Sale Starts October 3 Sale Ends November 10 / A proprietary tagging algorithm appended to a piece of video content at specific times during a specific video duration, selected by the publisher
Cloudbric (CLB) Sale Starts October 4 Sale Ends October 13 / A decentralized universal security platform featuring an enterprise-grade website, mobile devices, crypto asset security, as well as access to a community driven threat intelligence database.
CryptoPolice (OFCR) Sale Starts October 4 Sale Ends November 3 / A platform that helps bring together community and technology in order to safeguard online users against fraud