Last Week Today: Bitcoin and Cryptocurrency Weekly Digest for August 19-26

Satoshi Nakamoto Renaissance Holdings, which claims to be a new blockchain company, hired the services of Ivy McLemore, a New York based PR …
  • A new individual claims he is Satoshi in risible PR stunt
  • Liquidity analysis pegs Bitcoin’s market dominance beyond 90%
  • Japanese Amazon launches cryptocurrency wallet and exchange
  • Original faketoshi, Craig Wright loses Kleiman lawsuit

Yes, as we can all see, the price of bitcoin dropped over $550 in a matter of hours on August 28th to see a low of $9,613 BTC/USD after being $10,269 earlier in the day. But, aside from the real time action, let’s recap the last week of bitcoin and cryptocurrency news stories and map out a timeline of what transpired for those who may have missed any important headlines.

Another Satoshi Wannabe Emerges With Sob Story And New Project to Shill

Before getting stuck into this story, it would be remiss not to make it unequivocally clear that this is a story that I would much rather not cover, were it not for the publicity and conspicuity it has been afforded in mainstream media.

With the most notorious claim to the moniker, courtesy of Craig Wright, falling apart at the seams in the middle of a Florida courtroom, it would seem many a wannabe Satoshi is now emboldened to step into the breach with some pretty ridiculous backstories.

Satoshi Nakamoto Renaissance Holdings, which claims to be a new blockchain company, hired the services of Ivy McLemore, a New York based PR agency, to reveal the identity of Satoshi Nakamoto.

A three-part reveal was published last week over the course of three days by the PR firm and it has left many in the crypto community fuming and wondering just how much more blatantly false and downright preposterous these claims are going to get and what it’s going to take to stop the faketoshi farce.

The individual claiming to be Satoshi was revealed by many online to be Bilal Khalid from Pakistan, by looking up the registration for another website he owned, even before he himself came around to revealing his identity in the third installment of his three-part reveal on the website.

Most of the efforts at debunking the claims focused on the use of basic word press, multiple edits and poor choice of words, but all that is really of any relevance is whether he is able to sign a message from Satoshi’s address, which predictably he cannot.

As narrated to Ivy McLemore, Bilal talks about the origins of the Bitcoin idea as everyone knows it, the cryptography mailing list et all., and then explains the provenance of the Bitcoin name as stemming from a disgraced, defunct Pakistani bank, Bank of CredIT and COmmerce INternational (BCCI).

He shows proof of registering a domain named after BCCI in 2008, talks about being paranoid over his identity, says his pseudonym was inspired by Chaldean numerology, thanks Hal Finney and explains how he solved the Byzantine General’s Problem.

In parts two and three, he narrates his life story, which comes across as a cookie-cutter sob story – about how being denied banking services in the UK inspired him to create a currency independent of banks, losing access to his email addresses and his 980,000 bitcoins.

Bilal Khalid, who adopted the alias James Caan in the UK, claims that he mined his bitcoins using a remote computer, which he then transferred to his Fujitsu laptop and then to an Acer laptop. Being of the habit of “never leaving data that was recoverable on any remote PC or laptop,” he then wiped all the data from old devices.

As luck would have it, the Acer stopped working the very next day. He sent it to Acer support, who diagnosed a corrupt hard drive and replaced it. Thus, Satoshi lost his 980,000 bitcoins.

In all of this tedious yarn, where exactly is there any semblance of proof to adduce this individual’s claim to being the creator of Bitcoin?

Ignore the story, but does the reveal consist of any verifiable information at all that only Satoshi and maybe a few early contributors, someone like Andresen, would be privy to?

Everything in the reveal, besides the individual’s life story, is publicly available information. The best thing you could say about this wannabe’s claim is that it can justifiably be argued to warrant a B-grade disaster fiction movie.

Ivy McLemore doesn’t seem like a serious PR firm but if it has any designs on being one someday, it should have simply said to Bilal, “Cool story, bro. But do you have any actual proof?”

Is Bitcoin More Dominant Than What Market Cap Indicates?

We tend to measure Bitcoin’s dominance by calculating the share of its market cap against the combined market cap of all cryptocurrencies but how reliable is the method?

Arcane Research published an analysis last week based on volume and liquidity of the various markets to show that Bitcoin’s actual dominance might be a lot higher than what market cap data suggest. The study claims that the market cap measure is deeply flawed and underestimates the relative strength of Bitcoin.

The argument put forth is that the market cap does not reckon for liquidity, which is the ability to execute large orders in a market without slippage and a tight spread between ask and bid prices. A good indicator of liquidity is volume and the study uses volume to measure the relative dominance of different currencies.

Using this method, which excludes stablecoins as a fiat alternative, thus not being true cryptocurrencies, Bitcoin’s dominance is estimated to be over 90%.

By using volume data only from the top 10 exchanges, which are largely regulated and reputed to not indulge in wash trading, Bitcoin’s dominance using the volume-weighted method is a staggering 92.4%.

Japanese Central Bank “in love” With Blockchain Technology

As inventors of fiber-optic communication, microprocessor, laptop and camera phones, among a myriad other technologies, Japan is widely regarded as the most progressive country in the world for developing and adopting revolutionary technologies. Obviously, you wouldn’t expect Japan to stifle blockchain innovation in the country.

Last week, an executive from Bank of Japan (BOJ) revealed that the country’s central bank is “in love” the technology behind virtual currencies and has no fear of capital outflows through new forms of money, “Because of fear of capital outflows, China regards all financial assets as enemies. But we are not worried about capital outflows. We are in love with the technology behind it (virtual currency) and interacting with the technical community.”

The country’s largest e-commerce platform, Rakuten, often dubbed “Japanese Amazon”, released a wallet last week, first for android devices and a few days later for iOS devices. Along with the wallet service, the app also provides feeless spot trading service for crypto assets.

Rakuten Wallet’s parent company, Rakuten Group, had been seeking regulatory clearance since March and has now obtained license to allow trading of three crypto assets – Bitcoin, Ethereum and Bitcoin Cash.

Customers of Rakuten will be able to deposit Japanese yen to their account and exchange it to any of the three crypto assets using the smartphone app. To encourage users to adopt crypto payments, no fee is charged on crypto to crypto transactions.

This is a major development in Japan, the equivalent of Amazon integrating crypto payments in the US, and shows how progressive Japan continues to set the benchmark for adoption of revolutionary technologies.

Craig Wright Is Found Guilty of Perjury to No One’s Surprise

Since we’re talking faketoshis this week, we might as well round it up with the Kleiman lawsuit involving Craig Wright.

Ira Kleiman, who is the brother of Wright’s erstwhile business partner, late Dave Kleiman, litigated Wright in February 2018 over embezzlement of 1.1 million bitcoins which were mined and jointly held by Wright and Dave Kleiman.

The lawsuit, which has rumbled on for 18 months, seems to have been all but settled. Reports emerged on Monday from courtroom eyewitnesses that the judge had ruled the case in favour of the Kleiman estate.

Wright was found guilty of perjury, falsifying documents and in contempt of court by Judge Bruce E. Reinhart, who rejected all of Wright’s testimony. It was also found that “Tulip Trust”, which was the trust created for holding the coins the pair had mined between 2009 and 2011, does not exist.

In his final ruling, Judge Reinhart awarded the Kleiman trust 50% of intellectual property rights and 50% of bitcoins mined before Dave Kleiman’s passing.

At least, Wright won’t be able to sue anyone that calls him a fraud for libel while he busies himself trying to cough up the 550,000 bitcoins which he likely never mined.

In the immortal words of Walter Scott, “Oh, what a tangled web we weave, when first we practice to deceive!”

Trading Insights

It would be fair to suggest that August has been a pretty mundane month with a lot of sideways movement and relatively little volatility. That may not be a bad thing.

Bitcoin has already spent more days above 10000 than it did back in Dec ’17 to Jan ’18, which shows that it is comfortable at this level and doesn’t feel out of place. A necessary spell of consolidation following a steep upsurge is characteristic of a healthy, mature market.

Last week’s trading closed in red in a short body which indicates that sell pressure has relented once again at the key Fibonacci ratio of .38. This level, near 9400 has proven to be a formidable layer of support throughout the month. The resistance to break still remains 10800.

The weekly chart is showing bearish tendencies on multiple fronts for the first time in nearly six months. Although RSI remains healthy in the bull market zone, there are rumblings which indicate a slide could be imminent. Whether or not it comes to pass, 9400 still remains the support zone to defend for the time being.

Weekly MACD saw bearish convergence this week, with ADX holding high and DI likewise evincing bearish convergence.

On the Daily chart, which has been largely bearish since last week, RSI has formed an ominous M-top formation just above lower bull cycle level of 40.

After showing some signs of mounting a revival, Ethereum has gone back to treading water, struggling to break above 0.019 BTC. Ethereum Classic (ETC) was the best performer among leading altcoins last week, gaining nearly 30%, rising from 55k sats to 70k sats.

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Beyond Bitcoin: Why There Will Be More Than One Successful Cryptoasset

It was created in 2009 when its pseudonymous inventor, Satoshi Nakamoto, figured out how to do a seemingly simple thing: send money over the …

People often ask me, “If bitcoin is so great, why do we need all these other coins like ether?”

Or, “Why do 2,000 different cryptoassets even exist? Shouldn’t we all just use the best one?”

It’s a logical question.

Various Hand Tools Hanging On Pegboard In Workshop

Why are there 2,000 different cryptoassets? Because each one is optimized for a different use case.


We’re taught to think about bitcoin and other cryptoassets as currencies. Viewed that way, having multiples makes no sense. Why do we need multiple digital currencies if there’s only one internet?

The answer is that the term cryptocurrency is misleading.

Traditional currencies like the dollar, the euro and the yen all do essentially the same thing; they are payment tools in different countries or regions. But cryptoassets like bitcoin and ether actually do very different things. Understanding those differences is the key to understanding which ones will be important in the future.

Bitcoin vs. Ether

Bitcoin was the first and is today the most valuable cryptoasset in the world. It was created in 2009 when its pseudonymous inventor, Satoshi Nakamoto, figured out how to do a seemingly simple thing: send money over the internet safely without using a bank.

The software that allows this to happen is called the “Bitcoin blockchain.” As the first blockchain ever created, the software underlying bitcoin is pretty basic. Essentially all you can do with it is send, receive, and store bitcoin.

Ether, by contrast, was created in 2015. The software that underlies ether is called the “Ethereum blockchain.” It’s much more flexible than the Bitcoin blockchain. In fact, the Ethereum blockchain is “Turing-complete,” meaning you can program it to do anything. If Bitcoin is a beeper, Ethereum is a smart phone.

It’s easy to imagine why Ethereum’s flexibility is a big deal. If you can programmoney, you can replace many of the things that the traditional financial services industry charges us huge fees for.

What Could Ethereum Do? Here’s One Example

Before I joined the crypto industry, I was the CEO of a business called We didn’t always have that URL, however; we bought it from a squatter for quite a bit of money.

When we bought it, we didn’t trust the squatter: We weren’t going to wire him money before he sent us the URL. Similarly, the squatter didn’t trust us: He wasn’t going to send us the URL before he got his money.

To facilitate the transaction, we hired a lawyer to sit in the middle and act as an escrow agent. We wired our payment to the lawyer, the squatter sent him the URL, and the lawyer crossed the transaction. For this service, he charged us something like $2,000.

Today, rather than hiring the lawyer, we could write a small program for the Ethereum blockchain. The program would say: When Matt uploads the money (in ether) and the squatter uploads the URL, cross the transaction. We would save $2,000! Multiply that by a hundred different simple financial services and you can see why ether is potentially a big deal.

Does That Mean Ether Is Better Than Bitcoin? No.

Does that mean ether is “better” than bitcoin?


From a software security perspective, Bitcoin’s limited functionality “limits the attack surface” for cyber attacks. As a software that handles money, security is hugely important, and Bitcoin’s simplicity makes it super secure.

Moreover, from an ease of use perspective, having only “send”, “receive”, and “store” as your options makes it easier to avoid human error.

As such, bitcoin’s underlying software is optimized to be extremely secure and easy-to-use: Perfect for bitcoin’s primary use case as a kind of “digital gold.”

By contrast, ether’s underlying software is more flexible, which is why people talk about it disrupting the broader financial industry. It’s not as good as Bitcoin at storing value, but it’s way better at replacing overpaid lawyers and investment bankers.

Other leading cryptoassets are optimized for other use cases. XRP, for instance, is optimized for speed, and is designed to replace traditional international payment systems. Monero is optimized for privacy, and is optimized to complete with private/offshore banking solutions. And so on.

Does this mean we need 2,000 different cryptoassets? Of course not. Most of them are worthless and will trade to zero.

But my guess is that a handful of them will find major addressable markets and become quite valuable in the future.

PS: Crypto experts will undoubtedly point out that people are working to expand bitcoin’s core functionality using off-chain enhancements, such as the Lightning network. It’s true, and that work is very interesting. I’ll address the idea of off-chain enhancements to various blockchains in a later column.

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SBI VC announces Interim Shareholder Benefit campaign with XRP

“We would like to provide our shareholders with the opportunity to use the virtual currency XRP in addition to the information provided by the “My …

Ripple’s efforts towards XRP adoption led to a partnership with SBI Holdings, which led the way to a joint venture “SBI Ripple Asia”, to promote the use of the Virtual currency in Asian markets.

Under the said partnership, SBI announced Shareholder Benefits Campaign to grant them with 30 XRP, on August 28. An excerpt from the announcement read:

“We would like to provide our shareholders with the opportunity to use the virtual currency XRP in addition to the information provided by the “My Virtual Currency” app. “

The campaign was implemented to return profits to shareholders, as the company continues to increase dividends for the 10th consecutive period until the end of the fiscal year. The Shareholders Benefits will also be available at the end of the fiscal year, noted SBI’s announcement.

SBI has applied for market changes at the Tokyo Stock Exchange and announced the increase of the interim dividends along with presenting the shareholders with XRP as an intermediary. SBI and Ripple’s partnership had extended a position for the SBI CEO, Yoshitaka Kitao in Ripple and now, he serves as an executive at Ripple Labs Inc.

SBI previously carried out similar campaigns where its users enjoyed free XRP coins. On August 23, SBI launched another promotional campaign for XRP where the customers could bag 200,000 yen worth XRP. Moreover, the new account holders too were offered XRP worth 1,000 yen as their accounts went live.

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Canadian Bank of England Governor Mark Carney Calls for a Global Monetary System to Replace …

He also is unusual in his appreciation of the future and the place of next-generation virtual currencies – Synthetic Hegemonic Currencies.” Clippinger …
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Last week Canadian Governor of the Bank of England, Mark Carney unleashed a firestorm at the Economic Policy Symposium in Jackson Hole, Wyoming, USA by stating that while the U.S. dollar is facing pressure due to globalization and trade disputes – and the impact on national economies is stronger today than it was in the past, there needs to be a new global monetary system to replace the US dollar.

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The U.S. economy is about 25 percent of the global economy in terms of total dollars but is significantly less if you adjust for price differences across countries. The American dollar is even smaller relative to world trade- but, the dollar is the dominant currency for trade invoicing and cross-border payments across the world. More than 50 percent of all international trade is denominated in dollars, while 30 percent is denominated in euro. The remainder is a blend of other currencies – the British pound, Japanese yen, and Chinese yuan.

MIT scientist and author, Dr. John Clippinger, did not mince words on the importance of Carney’s remarks:

“Mark Carney is the thought leader among Central Bankers who has an appreciation of the imminent climate and financial risks confronting the international monetary system. He also is unusual in his appreciation of the future and the place of next-generation virtual currencies – Synthetic Hegemonic Currencies.”

Clippinger is one to watch – he is working on how to design micro-monetary policies to enable value generation and retention within local economies to achieve resiliency, carbon reduction and equity in the digital asset space.

From Carney’s speech:

“Even a passing acquaintance with monetary history suggests that this centre won’t hold. We need to recognise the short, medium and long term challenges this system creates for the institutional frameworks and conduct of monetary policy across the world. Given the experience of the past five years, I will close by adding urgency to Ben Bernanke’s challenge. Let’s end the malign neglect of the IMFS and build a system worthy of the diverse, multipolar global economy that is emerging.”

Carney added that – due to the dollar’s dominance of the global financial system – risks of a liquidity trap of ultra-low interest rates and weak growth are growing.

There was a real sense of urgency in his speech – particularly when he stated that social turmoil and chaos could entail if policymakers ignore his warning of a global financial apocalypse.

Carney is not alone – chief economic adviser at AllianzMohamed El Erian, IMF Managing Director Christine Lagarde, Putin and the Kremlin, and the Chinese central bank have all suggested that a new currency is coming to replace the dollar.

The Canadian said that the best solution in terms of stability would likely be a diversified multi-polar financial system, something that could be provided by technology. He stated that the dollar’s destabilizing reserve status role in the world economy has to end, and explained that one option was for central banks to join together to create their own replacement reserve currency, one tied to a “Synthetic Hegemonic Currency”.


In order to try and avoid a global financial meltdown, Carney suggested another solution could be to make the IMF’s SDR a reserve currency, specifically saying that as a first step to reorder the world’s financial system.

Fiat Currencies

In terms of fiat currencies, Carney also mentions China’s yuan as the most likely fiat candidate to replace the dollar as the world’s reserve currency adding it has a long way to go before it is ready to assume the mantle.

“…for the Renminbi to become a truly global currency, much more is required. Moreover, history teaches that the transition to a new global reserve currency may not proceed smoothly.”

But according to Matthew C. Kleinat

“The more straightforward alternative to the dollar, at least in theory, is the euro. It is the currency of the world’s second-largest economy and the largest contributor to global trade. Europe is a rich democracy with strong property rights. Unfortunately, Europeans have been unwilling to accept the costs associated with reserve currency status. They do not want to issue enough debt to satisfy their own domestic needs, much less those of the rest of the world. This choice is essential for understanding the dollar’s continuing predominance.”

On Digital Currencies

Carney unsurprisingly talked about Facebook’s Libracoin as he broke ranks with other central bankers to say he was keeping ‘an open mind’ about Facebook’s new currency Libra – the most high-profile proposed digital currency to date according to Carney. But, he added that it faced a host of fundamental issues that have yet to be addressed. Carney is currently under fire by the UK media for secretly meeting Mark Zuckerberg at Facebook in California, on April 16, two months before Libra was unveiled.

“As a consequence, it is an open question whether such a new Synthetic Hegemonic Currency (SHC) would be best provided by the public sector, perhaps through a network of central bank digital currencies,” the head of the BoE added.

Such a system could dampen the “domineering influence” of the U.S. dollar on global trade.

Saga Foundation’s Founder, Ido Sadeh Man, believes there is a burning question that must be answered:

“Who will be the issuer of such a currency?”

“Mark Carney’s comments about the rising need in a global currency to replace the dollar stem from the fact that trying to manage a global economy based on national structures is no longer sustainable. How can a currency that responds to an America-first policy remain the reserve currency that impacts the global economy? We at Saga echo Carney’s thoughts on the need for an alternative, based on a basket of currencies rather than a single national currency.

“The alternative, however, can only be external; one that maintains accountability and relies on the representation of the people that are using the currency. Such a solution must be accountable to the holders of the currency and reflect the core fundamentals Carney suggests.

“The question is, therefore, not ‘the what’ but ‘the who’: who will be the issuer of such a currency? We agree with Carney that Libra is not the solution as we will be losing even more accountability with an unelected corporate being in charge. What Carney is suggesting is for an alternative to be central-bank-issued, but this is just not going to happen. In the 50 years since the IMF issued the SDR, there have been many calls for the monetisation of this basket of currencies, but we don’t see the US accepting this from a political perspective. Why would the Federal Reserve agree to participate in an SDR currency which has a purpose to diminish the power of the dollar?”

“When we established Saga two years ago, it seemed absurd that a central bank would believe that the reserve currency of the world would not be issued by a nation-state. This assumption was reinforced by Jacob Frankel, a member of Saga’s Advisory Council and former Governor of the Bank of Israel, as well as Saga’s Chief Economist, ex-central banker at the Bank of Israel and member of the Bank’s Monetary Committee. Two years later, we have witnessed the ever-growing distrust and misalignment of the equilibrium between the central bank and their respective governments. With the next financial recession looking increasingly imminent, now is the time to take measures before it’s too late. We need to rectify the way our financial and governmental institutions are working, or else we’re in trouble when the next crisis arrives.”

The Saga Foundation’s advisory team includes the likes of Nobel Laureate in Economic Sciences Prof. Myron Scholes, Chairman of JPMorgan Chase International and Chairman of the Board of Trustees of the Group of Thirty (G30) Jacob A. Frenkel, PhD, Avi Licht, Former Deputy Attorney-General of Israel, Prof. Dan Galai is the co-developer of the Chicago Board Options Exchange’s Volatility Index (VIX), Prof. Emin Gün Sirer from Cornell University – globally recognised as a thought leader in the cryptography and cryptocurrency sectors, as well as well-known Israeli Blockchain players Matan Field, PhD and Eyal Hertzog from Bancor and others.

More from Carney’s speech in Jackson Hole:

“For decades, the mainstream view has been that countries can achieve price stability and minimise excessive output variability by adopting flexible inflation targeting and floating exchange rates. The gains from policy coordination were thought to be modest at best, and the prescription was for countries to keep their houses in order. This consensus is increasingly untenable for several reasons.”

“Globalisation has steadily increased the impact of international developments on all our economies. This, in turn, has made any deviations from the core assumptions of the canonical view even more critical. In particular, growing dominant currency pricing (DCP) is reducing the shock-absorbing properties of flexible exchange rates and altering the inflation-output volatility trade-off facing monetary policymakers. And most fundamentally, a destabilising asymmetry at the heart of the IMFS is growing. While the world economy is being reordered, the US dollar remains as important as when Bretton Woods collapsed.”

“…blithe acceptance of the status quo is misguided. Risks are building, and they are structural. As Rudi Dornbusch warned, “In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could”. When change comes, it shouldn’t be to swap one currency hegemon for another. Any unipolar system is unsuited to a multi-polar world. We would do well to think through every opportunity, including those presented by new technologies, to create a more balanced and effective system.”

Tyler Durden from Zerohedge outlines the end game in multiple articles, a few of which can be read here, here, and here.

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AboutRichard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem – Honorary Ph.D. and is Chair Professor of Blockchain at China’s first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford’s Saïd Business School for Business Automation 4.0 programme. Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission’s SME Instrument programme as a startup assessor and as a startup judge for the UK government’s Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ‘The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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MonaCoin Price Changed by -1.64 percent

MonaCoin MONA/BTC on Bittrex exchange is 1.38. The trading volume on Bittrex is 25479.00. It’s noteworthy that is issued into circulation MonaCoin.

As at 2019-08-27 average MonaCoin price is 1.38544503 USD, 0.00013603 BTC, 0.00738517 ETH.

MonaCoin MONA/JPY on Huobi Japan exchange is 1.40. The trading volume on Huobi Japan is 2857.52.

At the same time MonaCoin MONA/BTC on Dove Wallet exchange is 1.38. The trading volume on Dove Wallet is 2933.99.

MonaCoin MONA/JPY on Zaif exchange is 1.40. The trading volume on Zaif is 35819.00.

MonaCoin MONA/BTC on CryptoBridge exchange is 1.38. The trading volume on CryptoBridge is 37.65.

MonaCoin MONA/BTC on Bittrex exchange is 1.38. The trading volume on Bittrex is 25479.00.

It’s noteworthy that is issued into circulation MonaCoin.

MonaCoin average change within 24 hour is -1.64 against USD, -0.6 against BTC, -1.79 against ETH. Weekly report: -8.96 against USD, -4.26 against BTC, -4.55 against ETH. Monthly report: -27.6 against USD, -32.31 against BTC, -19.75 against ETH.

In this regard, 24 hour trading volume is 3187601.09999600 USD or 312.97479744 BTC. At the same time MonaCoin market capitalization is 91064851 USD or $8941 BTC.

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