Coinbase green lighted to list “security” coins – July 17

Current Bitcoin Price: $6648 (as of 8:30 AM PST)

Cryptocurrencies covered a lot of upwards ground yesterday, so it’s not surprising to see that the market is taking a bit of break. While most charts are showing green, there’s some red in the top 100 cryptocurrencies — but in both cases it’s only a couple of percent either way.

Bitcoin, for example, is up almost a further two percent, while Ethereum has fallen one percent. A couple of other top-20 coins (Ethereum Classic, Binance Coin, Tezos, and VeChain) are also down. Doing particularly well is Monero, which is up 5%.

Top Bitcoin & Crypto News Stories for 17th July 2018

Coinbase green lighted to list “security” coins

The world’s most popular crypto-fiat exchange has been pushing for official US watchdog approval to trade securities for quite some time now — and it’s covered major ground on that goal in the last weeks.

According to Coinbase itself, the company has received the green light from both the SEC and Financial Industry Regulatory Authority to begin listing tokens deemed as securities.

Brave passes 3 million monthly active users

We covered the Brave browser in several recent newsletters, but just like Coinbase, it’s moving… and it’s moving quick. The browser is the world’s first cryptobrowser, offering users Basic Attention Tokens in exchange for watching optional ads.

The browser has just overcome 3 million monthly active users — which includes browsers across iOS, Android, and desktop.

Peter Thiel and Bitmain invest in is the major holding company behind EOS — and it’s just entered a new fundraising round. The team, led by CEO Brendan Blumer, says they have a “shared passion for decentralization.”

Decentralization or not, there’s talk that PayPal co-founder Peter Thiel and Bitmain Technologies Ltd., child company of Chinese billionaire Jihan Wu, have joined in with the funding.