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4C Newsflash of August 19


Market Cap at 12:40 (UTC) – $279 357 308 223  billion

Bitcoin dominance: 68.6%

BTC $10 722,64 (+3.34%)

ETH $201,66(+5.76%)

XRP $0,286981 (+2.74%)


Libra VS Venus

Binance is launching ‘Venus’ — a cryptocurrency project that it says will be more independent and regionally-focused that its Facebook counterpart. The exchange says it is seeking partnerships with governments, corporations, technology firms, and other cryptocurrency and blockchain projects in order to develop a new currency ecosystem that will empower both developed and developing countries.

Bakkt launch date in Setpember

Last year in August, the Intercontinental Exchange (ICE) – the parent company for the New York Stock Exchange – announced the creation of what it termed a global ecosystem for digital assets – Bakkt. Earlier in the year, they anticipated that the platform that is expected to trade physical Bitcoin futures would be operational by Dec 2019. But if the events of the week are anything to go by, the exchange apparently can’t wait for four more months and has since drawn this deadline closer and will now launch officially on 23rd Sept 2019.

New Zealand & Bitcoin

New Zealand passes legislation allowing salary to be paid in Bitcoin and cryptocurrency. On August 14th New Zealand’s Internal Tax Regulatory Agency published guidelines and to be followed by employers wishing to pay their employee salary in Bitcoin and other alternative digital currencies. This makes the Island country the first developed world capital to embrace crypto usage at the national level.

Institutional Investors & Coinbase


Coinbase’s founder Brian Armstrong has stated one of the biggest crypto broker and exchange is handling $200-$400 million of new crypto assets on behalf of institutional investors, translating to circa $1-$2 billion a month.

You can join us on Telegram for a follow-up of the market throughout the day.

For any question, our team will be happy to answer you on our support which is open 7/7 days.

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