{"id":880,"date":"2019-01-18T17:54:45","date_gmt":"2019-01-18T09:54:45","guid":{"rendered":"\/\/www.coincola.com\/blog\/?p=880"},"modified":"2023-03-15T10:31:46","modified_gmt":"2023-03-15T02:31:46","slug":"weekly-updates-19-3","status":"publish","type":"post","link":"\/blog\/weekly-updates-19-3\/","title":{"rendered":"Weekly Updates (Vol. 3) 2019\/01\/12 \u2013 2019\/01\/18"},"content":{"rendered":"\n

Weekly Market Review<\/strong><\/h2>\n\n\n\n

Market Status quo<\/strong><\/p>\n\n\n\n

As of 17:00 GMT on Friday (January 18 2019), the total market cap of cryptocurrencies reached $122.48 billion, and the transaction volume reached $16.628 billion. Compared to last Friday with the total market value of digital currencies of $123.594 billion and 24-hour trading volume of $20.549 billion, the total market cap is down about 0.9% and transaction volume plummets over 19.08%.<\/p>\n\n\n\n

The price of mainstream coins are shown in the following table, ETH and LTC taking a strong hit in the price.<\/p>\n\n\n

\n
\"\"
as of Jan 18 17:00 (HKT)<\/figcaption><\/figure><\/div>\n\n\n

Weekly Industry News<\/strong><\/h2>\n\n\n\n

Bitcoin Buys Tropical Beachfront Paradise Villa in Thailand<\/strong><\/p>\n\n\n\n

A sparkling modern beach villa<\/a> is up for sale in Ko Samui, Thailand. The property is for sale for $1.5 million USD. Bitcoin, US dollars and other unspecified crypto are accepted.<\/p>\n\n\n

\n
\"koh
koh samui villa<\/figcaption><\/figure><\/div>\n\n\n

Venezuelan BCH Proponents Bolster Cryptocurrency Use Cases and Adoption<\/strong><\/p>\n\n\n\n

In the midst of a severe economic depression and the devaluation of the Venezuelan bol\u00edvar, bitcoin cash (BCH) supporters have been teaching people about the benefits of using permission-less cryptocurrencies throughout the country. The BCH meetup in Venezuela has swelled to 349 registered participants and group coordinator Lizbeth Alviarez has recently detailed that dedicated members are doing everything they can to accelerate adoption in the area. source<\/a>. <\/p>\n\n\n\n

Security Alert: Ethereum Constantinople<\/a> Postponed<\/strong><\/p>\n\n\n\n

Ethereum announced on their blog<\/a> that the Ethereum Core Developers and the Ethereum Security Community were made aware of the potential Constantinople-related issues identified by ChainSecurity on January 15, 2019. They were  investigating any potential vulnerabilities and will follow with updates in this blog post and across social media channels. Moreover\uff0cOut of an abundance of caution, key stakeholders around the Ethereum community have determined that the best course of action will be to delay the planned Constantinople fork that would have occurred at block 7,080,000 on January 16, 2019.\u201d<\/p>\n\n\n\n

Venezuelan Government offering discounts for property bought with Petro<\/strong><\/p>\n\n\n\n

Venezuela is encouraging its citizens to buy property using the controversial Petro cryptocurrency \u2013 and giving them a discount to boot according to local news outlets.<\/p>\n\n\n\n

Ildemaro Villarroel, the minister for Habitat and Housing told that there was real estate currently available under the nation\u2019s Great Housing Mission scheme, and for purchasers paying in Petro, there is a 10% discount on offer.<\/p>\n\n\n\n

Policy tracking<\/strong><\/h2>\n\n\n\n

Malaysia Govt still discussing cryptocurrency status<\/strong><\/p>\n\n\n\n

The government of Malaysia is still undecided whether to legalise the use of cryptocurrency and digital currency in the country. Federal Territories Minister Khalid Abdul Samad said the matter was still under consideration. \u201cPeople have asked me if these (cryptocurrency and digital currency) currencies are legal or illegal. At the moment, the answer is neither legal nor illegal as the situation is still unclear.\u201c<\/p>\n\n\n\n

Marshall Islands Updates 2019 Roadmap for Sovereign Cryptocurrency<\/strong><\/p>\n\n\n\n

The team working to launch Malta\u2019s anticipated national cryptocurrency has published two documents seeking to articulate the project\u2019s roadmap for the new year.<\/p>\n\n\n\n

The SOV team will seek to establish partnerships with \u201ca handful of those powerful and well-capitalized blockchain platforms\u201d to \u201cprovide a strong anchor for a coalition around the Marshall Islands.\u201d The team also sought to reaffirm its commitment to launching the SOV during 2019. source<\/a>. <\/p>\n\n\n\n

Chileans to Start Paying Cryptocurrency-Related Taxes in April<\/strong><\/p>\n\n\n\n

The Chile government has included crypto assets in its books, and put out a form for this specific purpose. According to documents from Chile\u2019s Internal Revenue Service (Servicio de Impuestos Internos, SII), Chileans income related to cryptocurrency trades as \u201cother own income and\/or third-party income\u201d. Chileans have to start paying cryptocurrency-related taxes in April of this year. source<\/a>. <\/p>\n\n\n

\n
\"\"<\/figure><\/div>","protected":false},"excerpt":{"rendered":"

Weekly Market Review Market Status quo As of 17:00 GMT …<\/p>\n","protected":false},"author":12,"featured_media":881,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"categories":[88,79],"tags":[80],"yoast_head":"\nWeekly Updates (Vol. 3) 2019\/01\/12 \u2013 2019\/01\/18 - CoinCola Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coincola.com\/blog\/weekly-updates-19-3\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Updates (Vol. 3) 2019\/01\/12 \u2013 2019\/01\/18 - CoinCola Blog\" \/>\n<meta property=\"og:description\" content=\"Weekly Market Review Market Status quo As of 17:00 GMT ...\" \/>\n<meta property=\"og:url\" content=\"\/blog\/weekly-updates-19-3\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinCola Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CoinColaGlobal\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-18T09:54:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-15T02:31:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2019\/01\/CoinCola-weekly-updates-3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"560\" \/>\n\t<meta property=\"og:image:height\" content=\"315\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"January\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CoinCola_Global\" \/>\n<meta name=\"twitter:site\" content=\"@CoinCola_Global\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"January\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"4\u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"\/blog\/weekly-updates-19-3\/\",\"url\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-19-3\/\",\"name\":\"Weekly Updates (Vol. 3) 2019\/01\/12 \u2013 2019\/01\/18 - CoinCola Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/#website\"},\"datePublished\":\"2019-01-18T09:54:45+00:00\",\"dateModified\":\"2023-03-15T02:31:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/6dcc2d959cf696f451f1ca8dfa54494b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-19-3\/#breadcrumb\"},\"inLanguage\":\"zh-CN\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.coincola.com\/blog\/weekly-updates-19-3\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-19-3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.coincola.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Weekly Updates (Vol. 3) 2019\/01\/12 \u2013 2019\/01\/18\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#website\",\"url\":\"https:\/\/www.coincola.com\/blog\/\",\"name\":\"CoinCola Blog\",\"description\":\"Buy and Sell Bitcoin\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.coincola.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"zh-CN\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/6dcc2d959cf696f451f1ca8dfa54494b\",\"name\":\"January\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-CN\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/37f0f8d44bd541ca0a57797bea700179?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/37f0f8d44bd541ca0a57797bea700179?s=96&d=mm&r=g\",\"caption\":\"January\"},\"description\":\"Yo, I'm all about that sweet spot where finance and tech collide. 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