Markets

• Price per Bitcoin BTC is at ~$3991 USD (-4.6% from last Monday)
• Price per Ether ETH is at ~$318 USD (+6% from last Monday)
• Price per Bitcoin Cash BCH is at ~$679 USD (+129% from last Monday)

Articles

• After calling latest surge above $4,000, Standpoint’s Ronnie Moas raises bitcoin forecast to $7,500 by CNBC
• Correcting misinformation on Segwit2x and btc1 by Bitcoin Core
• ‘Bitcoin cash’ soars to record high above $900 as ‘mining’ profits jump by CNBC
• Bitcoin’s Next Civil War Battle May Already Be Looming by Bloomberg
• Octagon’s Chapman Says Bitcoin to Hit $10K by Year’s End by Bloomberg
• China calls for rein in of risks in surging bitcoin market by SCMP
• Japan firm debuts bonds denominated in bitcoins by Straits Times
• Bitcoin is a bubble — but bubbles change the world by Money Week
• The lives of bitcoin miners digging for digital gold in Inner Mongolia, The photo gallery of the same post by Quartz
• Blockchain could fix a key problem in China’s food industry: the fear of food made in China by Quartz
• Swiss Bank to Sell Ether and Bitcoin Cash to Customers by Coindesk
• Bitcoin Is Forking. Again by Motherboard
• Former Bitcoin Developer Shares Early Satoshi Nakamoto Emails by Motherboard
• Can a Common Hedge Fund Strategy Be Applied to Bitcoin to Drastically Reduce Investment Risk? by Hackernoon
• Trezor, security glitches reveal your private keys! by Doshay
• 68 Blockchain Articles & Whitepapers that Shaped Crypto into What it is Today by Founders Playbook

This week’s new initial coin offerings (ICOs)

• Kickico is a kickstarter like platform that lets creators get their projects funded through ICO, crowdfunding and crowdinvesting.
• The Kickico platform is already functioning and Kickico’s ICO can be viewed and tracked on the platform.
• Backers on Kickico will get KickCoins for backing projects that do not have their own coins.
• These KickCoins will be generated when campaigns are backed by real cryptocurrencies.
• This ensures that backers of certain campaigns will receive cryptocurrencies rather than just a promise for future delivery of goods or services.
• Kickico had previously gone through a round of Pre ICO funding which raised 5000 Ethers for 30 Million KickCoins (KC).
• Now they are planning to raise 200k Ethers in exchange for 600 Million KickCoins.
• Kickico has drafted an interest payout plan that will last 2 years. Interests will be paid out to KickCoin holders on a monthly basis with rates ranging between 1 to 10%.
• This effort is to entice backers to hold on to their KickCoins long enough for the platform to reach critical mass.
• The ICO is planned to begin on Aug 29, 2017.