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      "body": "![5r2xjjebvxm21bah.png](https://cdn.steemitimages.com/DQmTmZnsUqyf3xM3MbAVB3JJHKKDK4twyJiLeasofHxbpoS/5r2xjjebvxm21bah.png)\n    \nCryptocurrencies are seeing some good gains over the past two days after market capitalizations lost billions last weekend. Over the last six days, the entire digital asset economy has seen an increase of around $15Bn and now averages around $268Bn on Monday, July 16. Digital currency proponents are hopeful the past six months of bearish market sentiment is over and brighter days may be ahead\n                    \n   Bullish Optimism Creeps Into the Cryptocurrency Market Sentiment, With a Possibility of Brighter Days ahead. \n              \n   (https://cdn.steemitimages.com/DQmRGgHSybtPGC9UBDhX8fNd7uHnKxWHSnqEazuH565WTtD/BULL-373x420.jpg)\n\nDigital asset traders and enthusiasts are optimistic cryptocurrency markets may reverse their downward trend over the next few weeks leading up to the Cboe ETF decision. Last weekend markets were seeing losses across the board as the top cryptocurrency values had dropped 5-25 percent fairly quickly. But since then over the course of the week, digital currency prices have gathered steam and regained at least 2/3rds of last week’s losses. Overall trade volume is about $12.8Bn and has been relatively weak over the past few months but has seen a slight increase tod\n  \nBitcoin Core (BTC) Market Action\nThe current bitcoin core (BTC) spot price right now is around $6,687 per BTC at the time of publication. BTC 24-hour trade volume is about $4.4Bn over the last day and the cryptocurrency has a $114.5Bn market valuation. The top exchanges swapping the most bitcoin core today include Bitflyer (1.8Bn), Fcoin ($325Mn), Coinbene ($281Mn), Binance ($196Mn), and Bigone ($187Mn). On July 16, the most traded currency exchanged for BTC is the Japanese yen capturing 49 percent of the intraday’s trades. This is followed by tether (USDT 33%), USD (10.2%), EUR (2.4%), and the KRW (1.8%). Out of the 1600+ digital bitcoin core’s market dominance is about 42 percent.\n\nMarkets Update: Bitcoin Bulls Charge Forward\n\nBTC/USD Technical Indicators\nLooking at the 4-hour BTC/USD charts on Bitstamp and Coinbase shows bulls are pushing markets forward attempting to challenge the $6,800-7,000 resistance. Around 1 pm EDT relative strength index (RSI) levels show overbought conditions at 76. The two Simple Moving Averages (SMA) have crossed hairs recently and the 100 SMA is above the 200 SMA. This indicates the path of least resistance is towards the upside. MACd is heading northbound and shows more upswing could be in the cards today. Looking at order books shows BTC bulls need to crack the $6,800-7,000 territory and after that is smoother seas up until $7,200. On the backside, if bears took the reigns again there is plenty of support down to $5600 for quite some time.\n\nBitcoin Cash (BCH) Market Action\nBitcoin cash (BCH) market action shows the price is around $800 per coin this Monday. The decentralized cryptocurrency’s overall market capitalization is about $13.77Bn and daily trade volume has increased to about $494Mn. BCH holds the fifth highest trade volumes today out of the top cryptocurrencies and is the fourth largest market cap. The top trading platforms exchanging the most BCH today include Bigone ($58Mn), Okex ($56Mn), Binance ($48Mn), Coinex ($48Mn), and Hitbtc ($41Mn). The top currency pairs traded with bitcoin cash today include tether (USDT 47%), BTC (28%), USD (12%), KRW (3.5%), ETH (2.7%). \n\nMarkets Update: Bitcoin Bulls Charge Forward\n\nBCH/USD Technical Indicators.\nBCH/USD 4-hour and 30-minute charts look very similar to BTC/USD charts today and are performing similarly. However, the two SMAs are different with the 200 SMA above the 100 SMA indicating the path towards least resistance is the downside. Similarly to BTC/USD, RSI levels are about 79 right now showing overbought conditions. MACd looks like it could bump up more but might head southbound over the next hour. Looking at order books shows some very large walls between the current vantage point and $840. If BCH bulls can move past the $860 area then things may improve even more. On the backside charts show from now up until $650 there is strong support. \n\nMarkets Update: Bitcoin Bulls Charge Forward\n\nThe Verdict: Traders Seem Positive and Hope for More Green Candles\nThe verdict this time around is far more positive as markets have improved a great deal this week. Most of the top cryptocurrencies have seen around 5 percent in gains over the past 24-hours but coins such as LTC, IOTA, and NEO have made notable increases. As mentioned above, a lot of traders think markets might continue to climb as the ETF decision approaches. The possible outcome of this upcoming decision may have blown a breath of fresh air into the cryptocurrency economy.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://altnewscoin.com/bitcoin/australian-bet-8-5-million-one-bitcoin-will-surpass-280000-2023/",
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      "body": "![davelarry_crypto___BlVVvK1jDFa___.jpg](https://cdn.steemitimages.com/DQmYzzaGcJoizwdxUub4VaE36qyvZ4q2C7vedYeEbcQeGU3/davelarry_crypto___BlVVvK1jDFa___.jpg)\n\n  An Australian bitcoiner is willing to take the odds of 1/141 on an $8.5 million bet with the hope of wining $1.2 billion if bitcoin’s price rises to $280,000 within just five years.\n\nTom Waterhouse, who appears to be a betting expert, publicly said last week:\n\n“Big Bet: Well known Crypto expert has just requested a bet of $8.5m AUD to win $1.2bn that a Bitcoin will exceed the price of a Berkshire Hathaway share (c.$280k) by 2023. Have put him in touch with large syndicate – hope he can get set!”\n\nWho the crypto expert is, remains unclear, but can bitcoin really reach $280,000? At just $60,000, bitcoin’s market cap would rise to a trillion. At $280,000, its market cap would stand at around $4 trillion.\n\nThat would be nearly as much as gold’s market cap which currently stands at $6 trillion, but it would not be even 5% of the global stocks market cap.\n\nAt $280,000 per bitcoin, America would still barely make a dent on its government debt, which currently stands at $21 trillion, even if the United States government held all the bitcoins in the world.\n\nWhile where global debt is concerned, one bitcoin at $280,000 would be just a fraction of the $250 trillion owed in debt.\n\nSo the bet might not be that far fetched, especially when Ran NeuNer of CNBC’s Crypto Trader says:\n\n“Until now institutional money could not get into Crypto. We had no custodians, regulatory clarity, trading systems etc.\n\nThese bridges are now built but now the market is not attractive. A few green candles & the institutions will get fomo & climb in! Oct-Feb 2017 look like a warm up.”\n\nFor one bitcoin to be worth a house sounds pretty far fetched, even considering their scarcity and their gold like nature which is coupled with a very easy means of exchange.\n\nYet the cryptocurrency is a very new asset class and can be useful as a hedge in a diversified portfolio. So who knows, this might be the most stupid bet in history or a genius bet.",
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      "body": "![chile-court.webp](https://cdn.steemitimages.com/DQmbPPtqNGVSKXjjUvC3Nkn9MpeexSpLt7x5Qf6oRECpPEV/chile-court.webp)\nIn an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court.\n\n                    COURT OF APPEALS RULING\n\n![chile-law-679x420.webp](https://cdn.steemitimages.com/DQmTiaY4v4KbFdeKXb2x3EwuukU1FwoWmW5MPxdgQnezKXE/chile-law-679x420.webp)\n\nChile Appeals Court Rules in Favor of Crypto Exchange Against BankThe Fourth Chamber of the Court of Appeals of Santiago has ruled in favor of cryptocurrency exchange Orionx against Banco Estado for closing its account, local media reported. The ruling, which orders the only government-owned bank in Chile to reopen the exchange’s account, was published on Thursday.\n\nThe court decided that the bank’s action constitutes “an arbitrary and illegal action, which constitutes a deprivation of the right protected by Article 19 No. 2 of the Political Constitution of the Republic, that is, the right to equality before the law,” La Tercera quoted the ruling.\n\nChile Appeals Court Rules in Favor of Crypto Exchange Against BankBy closing the exchange’s account, the bank is preventing Orionx “from developing an activity that, although not regulated, does not prevent the bank from adopting less intensive security measures such as the development of effective monitoring and control programs before the final closure of the account,” Emol news outlet cited the ruling. The publication elaborated:\n\nThe document refers to breaches of contract and the impossibility of Banco Estado to determine that Orionx engages in money laundering with the currencies with which it operates.\n\nWhile acknowledging the risks associated with crypto transactions, the court explained that businesses using them “as new forms of investment and payment…cannot necessarily be identified with the commission of criminal acts.”\n\nBanks Responding to Lawsuits\nA few lawsuits have been filed against the country’s major banks with the Court for the Defense of Free Competition (TDLC – Tribunal de Defensa de la Libre Competencia).\n\n![orionx-696x217.webp](https://cdn.steemitimages.com/DQmcCCsHw53V2D3xjjynXn7RPs3Ma2BWbNqCEmjHib5jQXy/orionx-696x217.webp)\n\nBy closing the exchange’s account, the bank is preventing Orionx “from developing an activity that, although not regulated, does not prevent the bank from adopting less intensive security measures such as the development of effective monitoring and control programs before the final closure of the account,” Emol news outlet cited the ruling. The publication elaborated:\n\nThe document refers to breaches of contract and the impossibility of Banco Estado to determine that Orionx engages in money laundering with the currencies with which it operates.\n\nWhile acknowledging the risks associated with crypto transactions, the court explained that businesses using them “as new forms of investment and payment…cannot necessarily be identified with the commission of criminal acts.”\n\nBanks Responding to Lawsuits\nA few lawsuits have been filed against the country’s major banks with the Court for the Defense of Free Competition (TDLC – Tribunal de Defensa de la Libre Competencia).\n\nChile Appeals Court Rules in Favor of Crypto Exchange Against BankOrionx sued six major banks last month for abusing their power and quashing its crypto payment business. Previously, another crypto exchange, Buda.com, filed a lawsuit against ten banks for closing its accounts and well as the accounts of another local crypto exchange, Cryptomkt. The antitrust court subsequently ordered three banks, including Banco Estado, to reopen the crypto exchanges’ accounts while the lawsuit is still pending.\n\nOn Friday, Diario Financiero reported that five banks have responded to the lawsuit against them before the TDLC. The banks are Santander, Banco de Chile, Banco de Crédito e Inversiones (Bci), Scotiabank, and Itaú. The exchanges allege that they abused their dominant position when they either closed the accounts of or denied opening them for crypto exchanges.\n\nSantander wrote in its response letter that “the use of a current account would not be essential for the digital currency traders,” the publication conveyed.\n\nBanco de Chile responded:\n\nThe closing of Cryptomkt’s current accounts is not based on the alleged danger of the activity carried out by the plaintiff or because it is not regulated by the authority, but…in the absence of concrete information that allows Banco de Chile to develop the due diligence in the matter of money laundering, since it is required to justify the transactions in the current accounts.\n\nBci denied any abuse of a dominant position, stating that it would be difficult to do so because crypto “is a practically decentralized market, with a large number of actors, according to public information available.”",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://timesofindia.indiatimes.com/travel/destinations/a-round-the-world-romantic-trip-for-honeymoon-couples/as50650800.cms",
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      "body": "![images (1).jpeg](https://cdn.steemitimages.com/DQme5bfJpBVBUZRoebkaYwCgk7EEaKJSMdRqxJrsiQgG8Wz/images%20(1).jpeg)\n\nThe honeymoon is the most eagerly awaited vacation for every young couple. After all, there is no better way to spend some quality time with that special person who will be your partner for life. Away from the responsibilities and distractions, you want to make the best of it. Unfortunately, in today’s busy lifestyle, not many can stay away from work for long and then there are always financial constraints. So even though we look forward to this vacation, we sometimes do not give it due importance. Now consider this idea—if once-in-a-lifetime trip covering six different destinations across five continents could be designed, maybe it would tempt some of us to start a honeymoon fund few years in advance. Here is one such ‘round the world’ romantic trip that includes 6 beautiful destinations. It will satisfy travellers of varied interests, including those who prefer adventure, culture, beaches, nightlife, history, architecture, landscape, food, shopping and luxury. And yes, this is all doable in a month’s time! Just remember that if you are travelling with an Indian passport, plan well in advance. Keep at least 3 months for visa process for different countries. To keep it simple, we will start in New Delhi and travel east.\n\n\nBALI \n\n![images (2).jpeg](https://cdn.steemitimages.com/DQmZrrC9WYhAxRMfWFaRmGqjcnExmEyJd7ny214RoKvTuo2/images%20(2).jpeg)\nThe wonderful thing about Bali is that you can have a variety of extraordinary experiences on this small Indonesian island. Activities and attractions include:\n\n• Admire the view from an infinity pool in Ubud.\n• Bike through the amazing Tegalalang rice terrace.\n• Experience sea walk and other adventure sports in Tanjung Benoa.\n• Explore your spiritual side at Tanah Lot and Ulun Danu temples.\n• Indulge in a relaxing and rejuvenating traditional spa in Kuta.\n• Dance the night away at a club in Seminyak.\n\nDuration: 5 days\n\nOffbeat romantic experience: Traditional Balinese costume photo session! Most luxury hotels would happily arrange this photo shoot on their beautiful premises with a professional photographer. And one of those pictures could be the cover photo for your honeymoon travel album.\n\nsydney\n\n![00-lede-unique-honeymoon-destinations-for-every-type-of-couple.jpg](https://cdn.steemitimages.com/DQmVEZgaH1ZfsSspH28xg2SpivwLm1u5frj7tPXdZjZCMkr/00-lede-unique-honeymoon-destinations-for-every-type-of-couple.jpg)\nAustralia is far from most inhabited areas of the world but this does not make the country any less beautiful. And Sydney is among the top places to see not just in Australia but also in the whole of the southern hemisphere. Activities and attractions include:\n\n• Enjoy a show at the Sydney Opera House and take a backstage tour.\n• Don’t just walk on the Sydney Harbour Bridge, climb it.\n• Self-drive a boat along the Sydney Harbour.\n• Immerse in an authentic Aboriginal culture experience.\n• Absorb the breathtaking views along the Bondi to Coogee Beach walk.\n• Pack a picnic with a bottle of wine and enjoy it in a spectacular city park.\n\nDuration: 4 days\n\nOffbeat romantic experience: Spend a night at a zoo! Sounds exciting right? In ‘roar and snore’ packages from Sydney’s Taronga Zoo, you get to sleep in camp tents and wake up to the magnificent harbour views along with the sounds of the lovely animals that reside in the zoo.\n\nparis\n\n![images (4).jpeg](https://cdn.steemitimages.com/DQmZLegWu8FiiRxcxRhQwxMazaw7wEZjtwRuGEgbhuFVNhn/images%20(4).jpeg)\nParis is a no-brainer when planning a romantic vacation, there is a reason (actually many reasons) it is often called the ‘City of Love’. Activities and attractions include:\n\n• Raise a Champagne Toast to Paris from the top of the Eiffel Tower.\n• Admire the grandeur of the Palais Garnier.\n• Spend a day exploring legendary museums like the Louvre and Musee d’Orsay.\n• Discover the real City of Lights on a night bus tour.\n• Splurge at the top fashion street of the world, Rue du Faubourg Saint-Honore.\n• Sit for hours at local brasseries, discussing life and watching people.\n\nDuration: 5 days\n\nOffbeat romantic experience: Walk along the Seine! With the right weather, this could be the most memorable part of your vacation. Start from the Notre Dame Cathedral, walk hand-in-hand along the Left Bank and pass by Pont Neuf, Pont des Arts, Pont Alexandre and many other Parisian landmarks.",
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