Luis Cuende is not impressed with Libra, or other corporate efforts to enter the world of cryptocurrency. “[T]his is bullshit,” he says. “I didn’t get into crypto because I wanted to work for Facebook.”

Cuende leans forward in his chair and stares intently. “I’d rather crypto doesn’t go mainstream than give up on my values,” he adds, finally.

If you live in Switzerland, blockchain technology could become part of your next shopping trip. Migros, the largest Swiss retailer, is implementing a “blockchain-based traceability system” to trace fresh ingredients. The new system will help the company keep track of its supply chain, tracking fruit and vegetables from suppliers to the grocery store counter.  

• The four-hour and daily time frames show that Dash is now technically oversold
• Technical analysis highlights substantial amounts of positive MACD price divergence

Dash has fallen to its lowest trading level since March 8th this year, as the popular cryptocurrency has been on a virtual one-way decline since peaking around late June. The Dash / USD pair has largely been tracking the broader crypto market lower, although technical selling in the cryptocurrency accelerated once the $100.00 support level was breached.

The crypto market is constantly in flux: brand-new cryptocurrencies regularly appear at the top of the charts, while older coins slowly fade away. While Bitcoin has been a consistent leader, the market is littered with former runners-up.

All it takes is a trip through the historical rankings to see just how transient cryptocurrencies can be. Here’s the top ten cryptocurrencies on August 25th, 2013: just about six years ago.

Add another fiat on-ramp to your crypto shopping list. Initially rolled out to residents in California, Washington, and Illinois, the ShortHop “exchange of exchanges” is now expanding to eight additional states.

Investors have swung wildly between risk-on and risk-off postures, as Sino-U.S. trade tensions rise and fall. While crypto-volatility is still too strong for most investors to stomach, there could be a more reliable refuge for investor value. 

At present, equities-averse money has very few places left to go. The Swiss National Bank recently intervened to dampen the price of the safe-haven Swiss Franc (CHF) and keep interest rates negative. The strength of the greenback is not supported by attractive returns and faces trade tension risk.

GRAM tokens are finally coming to investors, Telegram says. The company behind the second-largest cryptocurrency sale expects to ship tokens in the next two months, the New York Times reported yesterday.

The issuance will end a saga that began almost two years ago, when a handful of private investors put $1.7bn into the proposed Telegram Open Network.

If you’ve ever had to buy a used car, you know how easy it is to be taken for a ride. Between rolled-over odometers and new cars that have never seen a drop of oil, secondary markets are a rusty minefield of hidden problems and iffy maintenance.

Now, one of the leading auto giants is exploring blockchain solutions for China’s used car market. The Beijing Mercedes-Benz Sales Service Company (BMBS) is leveraging a blockchain-based “Vehicle Residual Value Management Platform” for used cars in the Chinese capital.

Cryptocurrency markets are in the midst of a significant sell-off, with top digital assets losing over five percent in value over the past twenty-four hours. As the Bitcoin price has now fallen through two key support levels, analysts are predicting further losses, with BTC likely to fall below $9,000.

• The four-hour and daily time frame shows that multiple head and shoulders patterns are close to reaching their bearish targets
• Technical analysis highlights the $55.00 level as a possible turning point for the LTC/USD pair

Litecoin has fallen to its lowest trading level since April 2nd this year, as the fifth largest cryptocurrency by market capitalization sold-off sharply during Wednesday’s U.S trading session.