* Bitcoin Breaks $11,800; Ether Options Market Explodes;
* Analysis: Most DeFi Tokens Are Concentrated In Hands of Top 500 Holders ;
* [How do I earn cryptocurrencies through Blogging ?](https://hive.blog/hive-148441/@vlemon/how-do-i-earn-cryptocurrencies-through-blogging);
* Chinese Banks Set to Adopt Blockchain-powered Forfaiting Platform;
* Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control;
* 🗞 Daily Crypto Calendar, August, 7th 💰
<h4>Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!</h4>
### [🗞 Bitcoin Breaks $11,800; Ether Options Market Explodes](https://www.coindesk.com/market-wrap-bitcoin-breaks-11800-ether-options-market-explodes)
Bitcoin continues its rebound this week after Sunday’s crash. Meanwhile, the ether options market suggests a roller coaster ride ahead for the world’s second largest cryptocurrency.
>* Bitcoin (BTC) trading around $11,868 as of 20:00 UTC (4 p.m. ET). Gaining 1.8% over the previous 24 hours.
>* Bitcoin’s 24-hour range: $11,528-$11,915
>* BTC above 10-day and 50-day moving averages, a bullish signal for market technicians.
https://static.coindesk.com/wp-content/uploads/2020/08/btcaug6-775x404.jpg?format=webp
>“Bitcoin reached above $12,000 on Aug. 2, but its ascension was stopped short,” said Jean-Baptiste Pavageau, a partner at quantitative trading firm ExoAlpha. “However, the impact on bitcoin was short-lived, and a breakout above $12,500 on high volume would definitely put BTC on the way.”
https://static.coindesk.com/wp-content/uploads/2020/08/btcpastweek-775x404.jpg?format=webp
Record ether options open interest
>The ether options market is on an absolute tear and seeing huge amounts of bets. Open interest is now approaching $400 million. Most of it is on Netherlands-based platform Deribit, which leads the way with $351 million, according to data from aggregator Skew. Options give owners to the right, though not the obligation, to buy or sell an underlying asset.
https://static.coindesk.com/wp-content/uploads/2020/08/skew_total_eth_options_open_interest-1-775x433.png?format=webp
### [🗞 Analysis: Most DeFi Tokens Are Concentrated In Hands of Top 500 Holders ](https://cointelegraph.com/news/analysis-most-defi-tokens-are-concentrated-in-hands-of-top-500-holders)
>Token supplies for most decentralized finance (DeFi) projects are not widely distributed according to an analysis by the co-founder of DeFi Italy and Head of CryptoLab’s Digital Assets Investments Simone Conti.
>He compiled data from Defi Pulse and Etherscan that suggests that 90% of tokens for almost all DeFi projects are held by the top 500 addresses. For three of the projects, that figure rises to 99%.
>According to a graphic shared by Conti, Compound is the ‘most concentrated’ of the Top 10 surveyed projects (by total locked value) with 96% of the total supply being held by a few dozen people in the top 50 holders.
https://s3.cointelegraph.com/storage/uploads/view/71e8bc90e27a45053d2de5501edc2dfb.png
### [🗞 How do I earn cryptocurrencies through Blogging ?](https://hive.blog/hive-148441/@vlemon/how-do-i-earn-cryptocurrencies-through-blogging)
**Through the last 3 months I have started to use different platforms in order to see what was out there and to meet Crypto fans out of my circle.**
Here is a list of Projects, Blockchains where you can EARN cryptocurrencies without having to invest $. I hope you will enjoy it and tell me if I forgot some big platforms !
[Hive Blockchain](https://hive.blog/)
[Publish0x](https://www.publish0x.com/@Crypto_Lemon?a=Jrb2k7DAdW)
[UpTrennd](https://www.uptrennd.com/signup/NTc3OTE)
[Read.cash](https://read.cash/r/CryptoLemon)
#### Learn more about the different characteristics of this platform by clicking on my last article [here](https://hive.blog/hive-148441/@vlemon/how-do-i-earn-cryptocurrencies-through-blogging)
### [🗞 Chinese Banks Set to Adopt Blockchain-powered Forfaiting Platform](https://cryptonews.com/news/chinese-banks-set-to-adopt-blockchain-powered-forfaiting-pla-7347.htm)
>The China National Clearing Center (CNCC), the Chinese central bank's settlements and clearing arm, is set to work with three major banks to foster a blockchain-powered forfaiting trading platform – aimed at boosting the efficiency of export financing.
>Per Sina, the CNCC has sealed a deal that also involves the China CITIC Bank, one of the nation’s biggest lenders. China Minsheng Bank, which specializes in financing small and medium-sized enterprises (SMEs), and the Bank of China, one of China’s “big four” state-owned commercial banks, are the other signatories.
>The deal will see the parties adopt a blockchain-powered forfaiting trading solution developed by China CITIC Bank – and could pave the way for other banks in the nation to follow suit.
### [🗞 Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control](https://news.bitcoin.com/bitmain-delays-delivery-of-bitcoin-miners-by-three-months-as-co-founders-battle-for-company-control/)
>Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies.
>According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker said customers whose orders were due for delivery in June and July will have to wait until September and October.
>The equipment is typically ordered three months prior to delivery. That means the postponed shipments may have been ordered around March, making this a costly six-month wait for the affected bitcoin miners.
### 🗞 Daily Crypto News, August, 7th💰
* Sparkpoint (SRK)
> "SRK will be listed on August 7."
> "SparkPlay - 3rd Crypto Game Reveal and Development"
* Cosmos (ATOM)
> "See you all on Aug 6th at 11 am PDT on @binance Nigeria telegram channel."
* Swipe (SXP)
> "Join us for a live AMA session with @JLSwipe , CEO & Founder of @SwipeWallet Rocket When: Friday, 7th August at 5 PM IST"
* AdEx (ADX)
> "August 7, 2020: The new contract will be deployed."
* Vexanium (VEX)
> AMA sessions at D'va Community. There will be a total reward of $50 (VEX) for participants.
<strong>Last Updates</strong></p>
* [🗞 Daily Crypto News, August, 6th💰](https://hive.blog/bitcoin/@vlemon/daily-crypto-news-august-6th)
* [🗞 Daily Crypto News, August, 5th💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-august-5th)
* [🗞 Daily Crypto News, August, 4th💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-august-4th)
* [🗞 Daily Crypto News, August, 3rd💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-august-3rd)
* [🗞 Daily Crypto News, August, 2nd💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-august-2nd)
* [🗞 Daily Crypto News, August, 1st💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-august-1st)
* [🗞 Daily Crypto News, July, 31st💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-31st)
* [🗞 Daily Crypto News, July, 30th💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-30th)
* [🗞 Daily Crypto News, July, 29th💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-29th)
* [🗞 Daily Crypto News, July, 28th💰](https://peakd.com/hive-126009/@vlemon/my-chainlink-investigation-on-hive-goes-viral-more-than-425-unique-readers)
* [🗞 Daily Crypto News, July, 27th💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-27th)
* [🗞 Daily Crypto News, July, 26th💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-26th)
* [🗞 Daily Crypto News, July, 25th💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-25th)
* [🗞 Daily Crypto News, July, 24th💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-24th-qdyqxm)
* [🗞 Daily Crypto News, July, 23rd💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-23rd-qdxaph)
* [🗞 Daily Crypto News, July, 22nd💰](https://peakd.com/hive-126009/@vlemon/daily-crypto-news-july-22nd)
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