Time to freak out about exchanges? Probably not. 👀
In my humble opinion...
hodling is a lifestyle.
Funny line from a friend: my tax strategy is to hodl long enough that I outlast the IRS.
— Ari Paul (@AriDavidPaul) January 6, 2018
Coin of the Day
Personalized shopping discounts
(CRYPTO: nCASH) Nucleus Vision is a project that reconciles online and offline shopping through collection and sharing of consumers’ data. It relies on its ION sensor, which can identify customers in the matter of microseconds, through their smartphones, as they walk into brick-and-mortar stores. This allows retailers to reward their customers with nCash tokens for visiting their brick and mortar location, and to provide their customers with loyalty benefits when they make purchases as well as making recommendations based on their transaction history. Any sharing of personal data between users and retailers, and amongst retailers, is done with the acknowledgment of the user, and are rewarded with nCash tokens. The Nucleus Vision network is already live at ten stores, and perhaps, Nucleus Vision can revitalize the brick-and-mortar retail economy.
Demand for crypto is so high that Bittrex, Bitfinex, and Binance all had to stop new users from joining yesterday due to overwhelming sign-up numbers. Good problems?
In the long run, this is probably the best move to make; when users lose money due to system performance issues, it's historically been a PR nightmare for exchanges. Internally expanding, for now, is likely the best option. These platforms are going to need some kind of support, which is probably why the latest gossip in the crypto industry is that smaller exchanges will either fade into the ether (no pun intended) or be bought out by larger exchange platforms. A recent rumor? Poloniex is for sale, and Coinbase has their eyes on it.
Wall Street is upping the ante with Bitcoin ETFs, showing that the US may be more crypto-friendly than Europe. Well, at least for now.
It's not all love for crypto from mainstream Wall Street. Visa has suspended the service of some crypto debit cards, included CryptoPay, Bitwala, TenX, and BitPay, after ending a relationship with debit card provider WaveCrest. Apparently, WaveCrest has violated Visa's operating policies, forcing the some crypto debit cards to shut down unexpectedly. BitPay assured all of its non-US users at the end of last week that their funds were being temporarily stored by the service, but would be returned to them eventually. BitPay members who reside within the United States will still be able to use their Bitcoin debit card. For now, you'll have to resort to the old-fashioned way of paying with crypto: convincing a merchant to accept Bitcoin because it's 'the next big thing.'
One of the crypto community's most loved/hated coins, Tether, is releasing a version that is connected to the euro (EURT).
Crypto pro tip: don't buy used hardware wallets, as the seller is able to hack their way back into the device. This guy learned the hard way.
Telegram wants to have the biggest ICO ever, hoping to raise up to $500 million in private sales. Do you really think the messaging service is worth that much?
Psst...Microsoft may be dropping Bitcoin as a method of payment, but we think the internet giant has a plan for an altcoin to fill the space.
Coin to Watch
tickets to see Bruce Springsteen on Broadway. Yes, you can watch The Boss perform his greatest hits from the comfort of your $2,000 left mezzanine seats.