Your Crypto Monday Report – 4th June 2018

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It’s Monday, it’s June, it’s Monday and it’s June! Nothing so special about June, I just happen to like the month very much. Monday, however, is very special as that means it’s time for another Your Crypto Monday Report from the Embily team!  Not everyone can keep up with the crazy world of Cryptocurrency, but not to worry as we’ve compiled some of the more interesting and/or important things for you to catch up on.

So, sit back, relax and enjoy.

It definitely looks bright for Bitcoin and the rest of crypto as the prices are slowly starting to make their climb back up the ladder. Let’s keep our fingers crossed to see above 9k USD in the next couple of months.

 

Friday 1st

There was a recent OmiseGO AMA session, where Vitalik Buterin explained that with second-layer solutions for Ethereum, such as Sharding and Plasma. The network will eventually be able to process 1 million transactions per second. Potentially 100 times more than that! Hopefully, this is the solution that will end the scalability struggles that Ethereum faces.
Vitalik Buterin: Ethereum Will Eventually Achieve 1 Million Transactions Per Second

 

A few months back, the company Weiss Ratings showed the public their ratings and rankings of the top listed cryptocurrencies. Well, now they have just released their complete list of the top 93 Crypto ratings. So, in case you’re interested in what the company had to say about each crypto, you can check out the ratings in the link below:
Weiss Ratings Publishes Complete List of 93 Cryptocurrency Ratings

 

Saturday 2nd

Adoption is always good news for crypto. The news is even better when the adoption is aided with some education and guidance. And of course, Japan is once again showing the rest of the world how it’s done by launching ‘intensive crypto investment courses for middle-aged and elderly adults.”
Way to go Japan.
Japanese Crypto Center Launches Investment Course for Seniors

 

This is pretty cool! Reddit user: kpopquiz developed a free platform called Coinbuddy that helps you find the best possible exchange to purchase any coin based on volume, trading fees, and withdrawal fees. It’s pretty easy to use and easy to understand.
I spent the last 6 months building a 100% free platform called Coinbuddy
https://coinbuddy.co/coins

 

Sunday 3rd

They say it takes money to make money.” This article is an interesting read if you’re curious about getting into Bitcoin and Crypto mining. The electricity bill that comes with mining. Is it worth it?
Bitcoin Mining’s Electricity Bill: Is It Worth It?

 

If you’ve spent some time in the cryptoworld, then you know how ‘active’ John Mcafee can be when it comes to Crypto. And unfortunately, it isn’t always the good kind of activity. From shilling altcoins to now offering face to face time with him for his redeemable crypto-backed fiat currency.
John McAfee Announces Crypto-Backed ‘Fiat’ Currency Redeemable for Face Time With Him

 

 

Don’t forget to check out Embily’s last Friday report:
End Of The Week Report, 1st June 2018

Check out Hodlers Digest for other news that you may have missed:
Hodler’s Digest, May 28-June 3: South Korea Get Back Into Crypto, China Embraces Blockchain

 

Cover illustration artist ahermin, DeviantArt

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Loy Heaton

Loy worked in Digital Marketing when he discovered and began playing around with Bitcoin. Just two months after his first Bitcoin purchase, he found himself working with Embily and has been a Cryptocurrency evangelist ever since.

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