Blockchain Market Update – January 18, 2019

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January 18, 2019 by
Blockchain Market Update – January 18, 2019

U.S. LawmakersCongressman Warren Davidson says plans in place to reintroduce bill in U.S. House of Representatives in weeks to distinguish digital assets from securities. Said proposal would specify certain types of crypto as asset class of their own. Token Taxonomy Act, as it is named, is a response to mass exodus of crypto startups from U.S. regulations in search of blockchain-friendly nations—Regulation

IndiaSupreme court was scheduled to hear petitions against crypto banking ban imposed by India’s central bank last Jan. 17 after repeatedly postponing it last year. While hearing was done on Jan. 17, case was not prioritized that day, with senior advocates for parties notably absent. Feb. 26 was given as next date for hearing of case—Regulation

SETStock Exchange of Thailand plans to apply for digital asset operating licence from Finance Ministry, with aims to open new exchange and become authorized digital asset exchange—Financial Institution

ErisX: Ethereum co-founder Joseph Lubin joins board of directors as ErisX prepares to launch spot and derivatives markets for digital assets. He will serve alongside FRW CEO Don Wilson, Valor Equity Partners managing partner Antonio Gracias and ErisX CEO Thomas Chippas—Project Development

ConsenSys: Investment arm of ConsenSys, headed by managing partner Kavita Gupta, invested $1M in Paris-based crypto wallet and trading platform CoinHouse as well as an undisclosed amount on encryption-centric browser Tenta—Project Development

VenezuelaIn bid to encourage citizens to use Petro, Ildemaro Villaroel, minister for Habitat and Housing, says real estate available under Venezuela’s Great Housing Mission scheme is under discounts if purchased with Petro, up to 10%—Other

WyomingHouse lawmakers filed new bill allowing corporations to issue certificate tokens instead of traditional stock certificates, and is sponsored by 4 Representatives and 2 Senators. If passed, bill would be effective Jul. 1 this year—Regulation

Unit-e: Group of researchers from top U.S. universities launch globally scalable decentralized payments network,  cryptocurrency named ‘Unit-e’. Development is funded by Distributed Technologies Research, non-profit organization based in Switzerland. Organization includes researchers from 7 major U.S. universities, including MIT, Stanford, University of California Berkeley—Project Development

Ethereum: Meeting regarding Constantinople hard fork to be held Jan. 18, 14:00 (UTC). Agenda includes Constantinople postponement, roadmap, testing updates, client updates, research updates, and working group updates—Project Development

Grayscale InvestmentsNY-based crypto-asset investment firm launches new single-asset fund, Grayscale Stellar Lumens Trust, designed to give investors exposure to price movement of XLM, currently 6th highest crypto by market cap—Financial Institution

Binance Launchpad: Token sale platform of Binance will launch sales of BitTorrent tokens on Jan. 28, with 2 simultaneous token sales sessions, accepting BNB and TRX respectively—Project Development

“B2B reporter – Content Manager – Contributor – Fintech – Blockchain – Cryptocurrency”

Simon Chou is a B2B reporter and content manager specializing in technology and finance. He has worked with many clients in the fintech and blockchain space. He holds investment positions in bitcoin and other large-cap cryptocurrencies, and has been reporting on cryptocurrency since 2017. Currently, Simon is the content manager for a major cryptocurrency exchange @HybridBlockHQ.

Name Price
Bitcoin (BTC)
Ethereum (ETH)
Bitcoin Cash (BCH)
Litecoin (LTC)
Cardano (ADA)
Dash (DASH)
Monero (XMR)
Stellar (XLM)
Bitcoin Gold (BTG)
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