Crypto Cast Network: The Bitcoin News Show #112 - Bitcoin Independence Day, BTC in the Senate, BTC Supply Implications Featured
The Bitcoin News Show for the week of July 29th with your host @theonevortex and panelists: @Excellion and @lightning_hood
Quick bits:
Fed cuts interest rates for the first time since the birth of Bitcoin
https://www.theblockcrypto.com/tiny/fed-cuts-interest-rates-for-the-first-time-since-the-birth-of-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=default
ICO treasury balances steadily declining
In aggregate the 57 ICO projects analyzed liquidated 72% of the amount they initially raised (8.2 million ETH)
https://www.theblockcrypto.com/2019/07/29/ico-treasury-balances-steadily-declining/
A Comparative Analysis of Bitcoin Forks by coinmetrics
Forks are being used more as storage networks than money:
https://coinmetrics.substack.com/p/a-comparative-analysis-of-bitcoin
Square Doubles Bitcoin Revenue in Q2 2019 with customers buying $125 million of Bitcoin last quarter on Cash App!
https://bitcoinmagazine.com/articles/square-doubles-bitcoin-revenue-q2-2019
Bitcoin just peaked at an ATH of ~430 "proof of work equivalent days".
And Bitcoin is nearing its billionth dollar charged in transaction fees. It should cross the threshold this fall
Nic also has an amazing new article out on how to better evaluate blockchains called "It’s the settlement assurances, stupid"
https://twitter.com/nic__carter/status/1156941194968162306
https://twitter.com/nic__carter/status/1156212615095492609
https://medium.com/@nic__carter/its-the-settlement-assurances-stupid-5dcd1c3f4e41
Blockstream announces support for Liquid Network in their Lightning Network implementation cLightning
https://twitter.com/Blockstream/status/1156716134089056256
Blockstream anounced the launch of Tether support on Liquid
https://bitcoinmagazine.com/articles/liquid-launches-support-for-tether
Topics:
Bitcoin Independence Day: How This Watershed Day Defines Community Consensus
https://bitcoinmagazine.com/articles/bitcoin-independence-day-how-this-watershed-day-defines-community-consensus
https://www.youtube.com/watch?v=MdG3BgoKWVE&feature=youtu.be
Senate Wrestles With Bitcoin vs. Crypto, Gauges Need for Regulation in Latest Hearing
https://bitcoinmagazine.com/articles/senate-wrestles-with-bitcoin-vs-crypto-gauges-need-for-regulation-in-latest-hearing
https://twitter.com/nlw/status/1156381356676587520
Implications for Bitcoin Now That 85 Percent of Supply Has Been Mined
https://bitcoinmagazine.com/articles/implications-for-bitcoin-now-that-85-percent-of-supply-has-been-mined
-Audio stream
https://www.spreaker.com/user/cryptocastnetwork
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Additional Info
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