1. German Regulators Approve $280 Million Ethereum Token Sale
Germany’s financial regulator, BaFIN, have approved Fundament, an Ethereum based tokenized real estate bond. Fundament plans on selling $280 million worth of ERC-20 tokens connected to real estate developments in Germany. The project is the first blockchain-based real estate project green-lighted by the regulator.
2. More than one-third of American investors would consider buying bitcoin
A new survey by cryptocurrency asset manager Grayscale shows that 21 million investors in the U.S. would consider investing in bitcoin. However, A number of concerns keep these would-be investors from joining the market, such as: hacks and a lack of regulation.
3. Justin Sun’s $4.6 million lunch with Warren Buffett is off (for now)
Tron’s Justin Sun has rescheduled his $4.6 million lunch with investor mogul Warren Buffet following a sickness. Sun tweeted out kidney stones were preventing him from attending the lunch planned for July 25th.
4. [Analysis] The amount of Bitcoin untouched for at least 5 years is at an all-time high
The amount of Bitcoin untouched for the last five years has reached an old-time-high at 3,847,859 BTC or 21.6% of issuance. As Coin Metrics writes, the long term trend points towards Bitcoin’s consolidation as a store of value versus a medium of exchange.
5. [Analysis] Could Donald Trump Ban Bitcoin?
After Donald Trump’s infamous Twitter thread about Bitcoin and cryptocurrency, questions about the ability of a sovereign government to ban Bitcoin surface. CoinDesk’s Noelle Acheson explains that the knee-jerk reaction to the possibility of a bitcoin ban is “yeah, just try it.” Read More
6 [Analysis] Bitcoin is the antivirus (mushroom medicine)
Fungi and Bitcoin survive because of similar features, writes Brandon Quittem. Fungi and Bitcoin provide a natural balance to the environment and market. Fungi also survive as Bitcoin can due to its inner designs making it both immutable and near indestructible. In evolutionary terms, Bitcoin is a tool to get passed ‘The Great Filter,’ a theory posterizing consequential yet necessary events in a species evolution. Read More.