Markets

• Bitcoin BTC is at ~$13695 USD (-9.67% from last Monday)
• Ether ETH is at ~$1333 USD (+10.07% from last Monday)
• Bitcoin Cash BCH is at ~$2511 USD (+4.62% from last Monday)

Articles

• Bitcoin Can Drop 50% and China Miners Will Still Make Money by Bloomberg
• Bitcoin is no longer the only game in crypto-currency town by The Economist
• Jamie Dimon: I ‘Regret’ Calling Bitcoin a Fraud by The Wall Street Journal
• Bitcoin Is a Hit in Countries Where Locals Face Currency Troubles by The Wall Street Journal
• Will Ambani’s JioCoin work? Analysts predict 85% crash in bitcoin in 2018 by The Economic Times
• Will Bitcoin's Lightning Network Kill Off Altcoins Focused On Cheap Transactions? By Forbes
• Lightning Network enables Unicast Transactions in Bitcoin. Lightning is Bitcoin’s TCP/IP stack by Melik Manukyan (Medium)
• Telegram plans multi-billion dollar ICO for chat cryptocurrency by Techcrunch
• Bitcoin has little shot at ever being a major global currency by CNBC
• CES 2018: Kodak soars on KodakCoin and Bitcoin mining plans by BBC
• Bitcoin drops $2,000 in value as South Korea announces planned trading ban by The Guardian
• Buffett partner Charlie Munger says bitcoin, Silicon Valley are bubbles by CNBC
• South Korea plans to ban cryptocurrency trading, rattles market by Reuters
• Hong Kong police unlock WWPKG travel agency customer data held ransom by hackers by South China Morning Post

This week’s new initial coin offerings (ICOs)

• WePower is a blockchain-based green energy trading platform
• Enables green energy producers to raise capital by issuing tradable energy tokens
• A renewable energy producer connected to the platform issues its own energy tokens within the WePower platform
• 1 energy token represents 1 kWh of green energy to be produced in a certain time in the future
• WePower tokenizes energy, which has a well established market and measurable value unlike other tokens
• Using WePower, energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates
• Through tokenization of renewable energy:
• Renewable energy producers are able to pre-sell their production in a global market and acquire necessary capital, increasing a project’s profitability.
• Investors gain better investment terms (lower costs and higher liquidity) as well as access to green energy projects across the globe in a standardised way.
• Token Name: WePower (WPR)
• Built on the Ethereum Network
• Hard Cap: 35M US$
• 1 WPR = 0.33 USD (0.00025 ETH)
• Token Distribution
• 55% - Token Sale
• 20% - Team Incentives
• 10% - Future Development
• 15% - Community Growth

From Altcademy

• New free course, Ethereum Smart Contract 101. By the end of Day 5, you will learn enough to feel comfortable with writing smart contracts on Ethereum block chain.
• Start learning new skills by taking our free courses, Coding 101, Bitcoin 101, and Data Science 101.
• We have two other active Weekly Newsletters (AI and VR) to give you the most important news in that industry every week.