The weekly report – week 49
Hello again! Instead of reading about the past week of falling crypto prices, watch this video and embrace the comedy. No matter how hard the market falls, there are always some funny videos and memes made as a result
Now, to the more serious stuff. The SEC delays the Bitcoin ETF decision once more. This time until the end of February. Binance CEO, Changpeng Zhao, had a one-on-one at the inaugural Forbes Asia Forum: Decrypting Blockchain For Business in Singapore. Video and more information here. CZ has grand visions for his business and the adoption of cryptos in general.
Starbucks is looking at blockchains and Bitcoin. Fees, slow confirmations, capital gains taxes and other issues might make buying coffee with BTC difficult though. Article here. There are also more rumours about market manipulation, 80% of ICO’s from 2017 being scams and comments about the end of the bear market.
In the energy sector we find more news from Power Ledger. This time it’s a trial platform going live back home in Australia.
Blockchain applications in the energy market are expected to grow significantly over the coming years. Africa is mentioned once more and looks like the continent with the most potential in the near future.
Top three energy coins performance according to market cap:
Power Ledger POWR -17.33
WePower WPR -18.45
Restart Energy MWAT +2.90