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Coinbase may have to transfer all European accounts if the Brexit agreement cannot be reached If the Brexit agreement cannot be reached, Coinbase, one of the largest encrypted exchanges in the United States, may have to transfer all European accounts to another authorized entity within the EU. Currently, Coinbase operates an e-money institution called CB Payments in the UK, which is licensed by the Financial Market Conduct Authority (FCA). CB handles digital currency payment transactions from the European Economic Area (EEA). In an email to European customers, Coinbase warned that they might have to close CB Payment Ltd if they did not reach the Brexit agreement. The company also guarantees that the Coinbase services used by these accounts will not be affected during the transfer. The email also mentioned that the time of the transfer has not yet been determined, but if there is a need for a transfer, they will notify the user in a timely manner.
Project submission code ranking week list: Istanbul hard forks soon, Ethereum code changes frequently According to Coingecko data, as of September 1, Chainlink (LINK) code submissions jumped to the top in the past four weeks. Last week, Holo topped the list with a slight disadvantage, while Lisk (LSK) remained in second place. Then the fourth to tenth names are: aelf (ELF), Bitcoin (BTC), Aeternity (AE), 0x (ZRX), Bitcoin Cash (BCH), Maker (MKR), Status (SNT). The actual change in the code this week has not changed significantly from the previous two weeks. According to the data, perhaps due to the hard fork of Istanbul, Ether Square (ETH) code submission and replacement is very frequent in the past two weeks. In the past four weeks, Ethereum (ETH) added 301,396 lines of code and 4559 code removed to lead other development teams, ranking first. The developer of the 0x (ZRX) protocol is still eager to add 128,750 lines of code and 31,382 lines of code to delete the second. The Monroe coin, which ranked second in the last week’s change, is no longer on the list this week. The first two digits of the code submissions, Chainlink (LINK) and Lisk (LSK), are equally valuable and quality, and ranked third and fourth in the code change rankings this week. Holo (HOT) didn’t even have the top 10.
Facebook’s Libra Might Fill Bitcoin’s Void As A Payment Network, Suggests Arba’s CEO In a recent What Bitcoin Did podcast, Bill Barhydt, CEO and founder of cryptocurrency wallet and exchange, Abra, shared his views on Libra. Bill Barhydt began the segment by pointing out that Facebook still has a large user base despite being known for its privacy-related issues. He detailed how an average consumer lacked an understanding of the importance of privacy. Perception of an average consumer on privacy completely shifts after being hacked, he added. Barhydt further detailed how Facebook might have considered using Bitcoin and then came to the conclusion that Bitcoin is “not optimized correctly” to be a payment network but is optimized to be “digital cash.” He added, “I think there’s a huge belief in the Bitcoin model, but I also think there was a recognition that given the problems, the explicit problems they’re trying to solve, there was no way that Bitcoin was going to work for them for this.”
Encrypted project calendar（September 01, 2019）
XLM/Stellar: Stellar (XLM) will conduct equity awards in binance on September 1st MHC/MetaHash: MetaHash (MHC) will close all ICO accounts as of September 1 and will permanently close all ICO accounts. All MHCs will need to be transferred to MetaGate Wallet by this date. DGD/DigixDAO: The DigixDAO (DGD) DGXHUB community representative program will be open for application on September 1.
Encrypted project calendar（September 02, 2019）
AE/Aeternity: The third phase of Aeternity token (AE) main network migration will end on September 2nd. PLPillar: The Pillar (PLR) Pillar community will participate in a creative strategy seminar hosted by experiencehaus in London, UK on September 2nd. LA/LAToken: The LAToken (LA) LATOKEN community will host an investor reception in London, England on September 2nd.
Encrypted project calendar（September 03, 2019）
WAN/Wanchain: Wanwei Chain Wanchain (WAN) will be launched on September 3rd based on POS mechanism mining function
Encrypted project calendar（September 04, 2019）
BCH/Bitcoin Cash: The City Conference will be held in North Queensland, Australia from September 4th to 5th, 2019. BETHEBethereum: Bethereum will conduct a user airdrop token plan on September 4th
Encrypted project calendar（September 05, 2019）
CS/Credits: Credits (cs) began to map some of the main network tokens on September 5th. ENG/Enigma: The Enigma(ENG)Enigma community will host a gathering and seminar in Boston on September 5. BTC/Bitcoin: Blockchain Africa conference organizers will host the first cryptocurrency festival in South Africa on September 5. AGI/SingularityNET: SingularityNET (AGI) SingularityNET community Ben Goertzel will attend the Asia Innovation Summit on September 5th and will deliver a speech.
Encrypted project calendar（September 06, 2019）
BTC/Bitcoin: Bakkt official Twitter said that Bakkt Warehouse will begin to provide Bitcoin secure storage services to customers on September 6. VEX/Vexanium: The Vexanium (VEX) DApps competition will end on September 6th with a total of 1.1 million VEX awards, the first of which will receive 350,000 VEX.
Encrypted project calendar（September 20, 2019）
NULS / NULS: The NULS 2.0 Beta hackathon will be held from September 20th to September 21st, 2019.
In the last weekly forecast, we discussed the possibilities of a downward move below $10,000 in bitcoin price against the US Dollar. The BTC/USD pair did move down and broke the key $10,000 and $9,800 support levels. Moreover, there was a close below the $10,000 pivot and the 100 simple moving average (4-hours). Finally, there was a break below the $9,800 and $9,500 supports as well.
A new monthly low was formed near $9,300 and the price is currently consolidating losses. It is testing the 23.6% Fib retracement level of the recent decline from the $10,717 high to $9,308 low. However, there are many hurdles on the upside near the $9,800 and $9,900 levels. Additionally, there is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair.
Moreover, the 50% Fib retracement level of the recent decline from the $10,717 high to $9,308 low is also near the $10,010 level. Therefore, upsides are likely to remain capped near the $9,800 and $10,000 levels. Above the trend line, the 100 SMA is waiting near the $10,150 level. The 61.8% Fib retracement level of the recent decline from the $10,717 high to $9,308 low is also waiting near the $10,170 level.
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