Binance Research: 2019 Q2 Crypto-Correlations Review

✔️Cryptocurrencies have experienced the best 3-month growth since 2017.
✔️BTC correlation with other cryptoassets fell significantly in Q2.
✔️Cryptoassets with more important idiosyncratic factors such as BNB, LINK or BSV exhibited relatively low average correlations with other cryptoassets.
✔️“Binance effect”: coins not listed on Binance exhibited lower average correlations than coins listed on Binance.
✔️PoW cryptocurrency average correlations fell the most in Q2, compared to Q1.
✔️Privacy coins exhibit higher than average correlations with each other.
✔️Similar functions seem to lead to higher than average, correlations between two cryptoassets.
✔️Cryptoassets that conducted a public sale on Binance Launchpad are, on average, less correlated with others.

https://info.binance.com/en/research/marketresearch/correlations-q2-2019.html

VeChain kicks off the first phase of the $25 million VET buyback plan. Over the next quarter, VeChain will purchase no less than $5 million USD worth of VET from the open market.

https://medium.com/@vechainofficial/vechain-kicks-off-the-first-phase-of-the-25-million-equivalent-of-vet-buyback-plan-8d8e47c22799

Ankr launches its mainnet on July 10.

https://medium.com/ankr-network/countdown-to-mainnet-new-features-part-1-5282edb9b247
💧 icodrops.com/ankr-network

Binance changes USDT deposits & withdrawals to be ERC20-based.

USDT deposit and withdrawal addresses have changed from OMNI-based addresses to ERC20-based addresses. OMNI-based USDT can still be deposited to users’ previous OMNI USDT deposit addresses and will be accepted.

Please note: users will no longer be able to withdraw OMNI-based USD.

https://www.binance.com/en/support/articles/360030263211

KuCoin launches KuMEX, a brand new cryptocurrency derivatives trading platform.
Public beta: July 8, 10:00 UTC.

https://www.kucoin.com/news/en-kumex-cryptocurrency-derivatives-trading-platform-will-go-live

Current and ATH ROI in USD of IEOs on Binance.

💧 icodrops.com/ico-stats

Gojoy auction starts in less than an hour.
Token Price: $1,6 - $6 USD.
Max personal cap: 100,000 JOY.

https://www.cbxangel.com/auction/rules
💧 https://icodrops.com/gojoy/

Vidy IEO will be held tomorrow at 4:00 UTC.
IEO Hard Cap: $1,200,000

https://www.gate.io/startup/7
💧 https://icodrops.com/vidy/

Harmony has announced a partnership with Contentos.

https://medium.com/blockchain-positive/harmony-partners-with-contentos-for-the-future-of-blockchain-907241242283
💧 https://icodrops.com/harmony/

Huobi Global has published the names of the Phase 2 FastTrack projects: Egretia (EGT) and Crypto.com (CRO).
The second phase of Huobi Global's FastTrack vote starts 10th July 12:00 UTC.

https://huobiglobal.zendesk.com/hc/en-us/articles/360000328962-FastTrack-Phase-2-Vote-to-List-Premieres-July-10

Vidy IEO on Gate has started and is now oversubscribed ~6,75 times.
You will get no more than ~14,7% of your order.

https://www.gate.io/startup/7
💧 https://icodrops.com/vidy/

The final oversubscription of Vidy IEO on Gate exceeds the IEO hard cap by 36 times.
Participants have sent ~$43.4M.
You will get ~2.77% of your order.
Sale Hard Cap: $1,200,000

https://www.gate.io/startup/7
💧 icodrops.com/vidy

Vidy trading on Gate starts on July 10, 4:00 UTC.
1. 4:00-4:15 - the first stage of call auction, traders are allowed to place orders and cancel orders freely.
2. 4:15-4:30 - the second stage of call auction, orders can be placed freely by the traders, but orders cancellation are prohibited.
3. 4:30-4:35 - matching the orders.
4. 4:35 - regular trading activities.

https://www.gate.io/trade/VIDY_USDT
https://www.gate.io/article/16936
💧 icodrops.com/vidy

Elrond has announced a partnership with Holo.

https://medium.com/elrondnetwork/elrond-initiates-cooperation-with-holo-a-scalable-agent-centric-distributed-computing-platform-913ced2299c3
💧 https://icodrops.com/elrond-network/
💧 https://icodrops.com/holo/

Vidy trading on Gate began earlier the schedule.
At the moment, the first stage - Call Auction. Trading will begin at 04:30 UTC.

https://www.gate.io/trade/VIDY_USDT
https://www.gate.io/article/16936
💧 icodrops.com/vidy

BTC is now trading above $12,600.
The market cap is $351B.

Dusk has been listed on Bitfinex and Ethfinex.
Trading: July 11.

https://blog.ethfinex.com/dusk-token-listing-on-ethfinex-bitfinex-re-vesting-update-and-telegram-ama/
💧 https://icodrops.com/dusk/

Vidy has been listed on Gate and is now trading at ~ 6.8x from the IEO price.

https://www.gate.io/trade/VIDY_USDT
💧 https://icodrops.com/vidy/

Gate has announced the next Discount Sale.
ARPA Discount Sale will be held on July 15, 4:00 UTC.
Discount Sale Hard Cap: $250,000

https://www.gate.io/startup/18
💧 https://icodrops.com/arpa/

Origo.Network grows the last 3 days and has grown more than 3.5 times.

https://www.hbg.com/en-us/exchange/ogo_usdt/
💧 https://icodrops.com/origo-network/

Justin Sun has announced a launch BitTorrent Speed.

https://www.bittorrent.com/speed/
https://twitter.com/justinsuntron/status/1148342135516647424