Crypto News: Buy the Dips! (06/22/2017)
Bitcoin
Bitcoin Investors Still Small Minority of Investors Worldwide: Survey (The Cointelegraph)
We asked retail investors about much-talked-about “virtual currency” such as Bitcoins. The results showed that the percentage of retail investors actually investing is still low, with only 3% of retail investors in Japan and the US, and only 10% of retail investors in China (Hong Kong) answering that they had already invested in virtual currency.
Ethereum
Despite Volatility, Ethereum Likely To Reach $1,000 In Near Future? (The Cointelegraph)
ICOs
$33 Mln Civic ICO Rations Tokens To Cope With Unprecedented Demand (The Cointelegraph)
Only 33 percent of the overall one bln tokens appeared in the ICO, with 33 percent retained by Civic and another 33 percent allocated for various incentivization requirements. The remaining one percent “covered costs” associated with the token sale itself.
Blockchain
Japan Could Place Its Entire Property Registry on a Blockchain (Cryptocoin News)
The blockchain will see multiple participants and will also be made available to the private sector, with privacy measures. The goal is to improve the efficiency of real-estate transactions, as well as aid the sale and redevelopment of a growing number of vacant properties in Japan.
Blockchain bitcoin wallet start-up raises $40 million from Google, billionaire Richard Branson (CNBC)
IMF's Lagarde Touts Distributed Ledger as Defense Against Terror (Coindesk)
Of course, fintech is a double-edged sword. It can be used to promote and fund terrorism, including through the anonymity of virtual currencies. But it can also be a powerful tool to strengthen our defenses against the financing of terrorism. – Christine Lagarde
Regulation
Illicit Cryptocurrency Use Targeted in Proposed 2018 FBI Budget (Coindesk)
The challenge, the agency has said, is that the FBI now requires more financial resources to investigate technologies and decipher information transmitted on the darknet. Elsewhere, it is also engaging in dialogues with companies that provide such technology to educate them on the "corrosive effects" that information inaccessibility has on "public safety and the rule of law".