🗞 Daily Crypto News, November, 13th💰

in #bitcoin • 4 years ago (edited)

  • 65,000 Swiss Retailers Will Soon Be Able to Accept Bitcoin ;
  • Three Fronts in the Global Digital Currency Wars ;
  • Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange ;
  • Lightning Network Will Drive Bitcoin to $250,000 by 2023 — Tim Draper ;
  • Ethereum’s Hearthstone Rival Sets Volume Record After Blizzard Scandal ;
  • 🗞 Daily Crypto News, November, 13th💰
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 65,000 Swiss Retailers Will Soon Be Able to Accept Bitcoin

Swiss crypto broker Bitcoin Suisse is partnering with European payment and transaction services provider Worldline to boost crypto payment acceptance in the country.

The firms have signed a letter of intent for a partnership to provide crypto payment services to Swiss merchants and consumers in-store and online, Switzerland Global Enterprise reported on Nov. 11.
65,000 merchants across Switzerland

The new system will be available for the 65,000 Swiss merchants currently using Wordline’s nationwide payments infrastructure, dubbed SIX Payment Services.

Augmented with cryptocurrency payment capabilities, the traditional network will thus be evolved to promote the use of the new asset class at a mass scale across physical points of sale and in e-commerce.

Marc Schluep, CEO of Worldline Switzerland, has said that “through the cooperation with Bitcoin Suisse, merchants can benefit from an entirely new offering without taking any conversion risk.”

[🗞 Three Fronts in the Global Digital Currency Wars](https://www.coindesk.com/three-fronts-in-the-global-digital-currency-wars

The past several months have brought dramatic new technology, market and regulatory developments in the cryptocurrency sector, with major global technology and state actors pushing forward digital currency initiatives.

These new initiatives are forcing global leaders everywhere to ask what the role of digital money will be in the next decade, and are ultimately a proxy for shifts in the broader political and economic landscape that are going to re-shape the future of the international monetary system.

Deep, fundamental digitalization of the economic system is now well underway as blockchain infrastructure moves from the fringe and early adopters and into the spotlight of major nation-state actors. Synthetic, crypto-powered central bank money tokens, and the introduction of smart contracts that can represent and tokenize other real-world financial assets and contracts are on the rise around the world.

🗞Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange

Justin Sun, founder of crypto platform Tron, said he is part of the investor group that recently acquired Poloniex from fintech firm Circle, after denying his involvement initially.

Speaking at a joint Tron-Poloniex event live-streamed over Twitter on Tuesday, Sun said Tron was among several investors in the exchange, but the exchange is operated independently from his company.

Founded in 2014, Poloniex was acquired by Circle in early 2018 for $400 million. The exchange, which once commanded more than 50 percent of exchange transactions, has seen steadily dwindling volume in recent times. Before its recent dispersal, Poloniex had little more than 1 percent of the exchange market.

🗞 Lightning Network Will Drive Bitcoin to $250,000 by 2023 — Tim Draper

Bitcoin (BTC) could be worth millions of dollars after 2022 as payment processors allow easier transactions, Tim Draper has forecast.

Speaking during a Q&A session at the Malta AI & Blockchain Summit last week, the pro-cryptocurrency venture capitalist said innovations such as the Lightning Network would be key in propelling the Bitcoin price higher.

Draper: 4 years until $250,000 BTC

Doubling down on previous claims, Draper added he still believed BTC/USD would hit $250,000 by 2022 or 2023.
“I think Bitcoin payment processors are really going to open the floodgates,” he summarized.

🗞Ethereum’s Hearthstone Rival Sets Volume Record After Blizzard Scandal

Ethereum (ETH) based trading card game Gods Unchained has far outstripped CryptoKitties by volume after a censorship scandal involving game-developer Blizzard.

As blockchain research platform Coin Metrics noted on Nov. 12, the past month has seen activity explode for the game, with interest dwarfing that of CryptoKitties at its 2017 peak.

Data: Gods Unchained volume five times higher

In terms of daily transfers of its non-fungible tokens (NFTs), Gods Unchained was recording almost 500,000 such transfers per day at the end of last week.

By contrast, even at the height of the CryptoKitties craze in late 2017, transfers there totaled less than 100,000.

🗞 Daily Crypto News, November, 13th💰

  • Vexanium (VEX)

Vexanium will give an incentive for every Dapps that is submitted during this program period.

  • Binance Coin (BNB), General Event (CRYPTO), Factom (FCT), IOTA (MIOTA), Polymath (POLY), Stellar (XLM)

"It will bring together key industries from across the globe for two days of top-level content and discussion across 5 co-located events..."

  • Fetch.ai (FET)

"Join us for a @Fetch_ai #Cambridge #meetup on 13 November @pantonarms1."

  • Centrality (CENNZ)

"Ask our CEO @aaronmcdnz anything in person! Join the AMA meetup on 13 November in Singapore."

  • Holo (HOT)

"Submit your questions before the #AMA on Nov 13th @ 5PM - 5:45PM UTC"

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of my last analysis :

Here is the current chart :

This is the 4th test of the support line at 0.138$ and till now this support is still alive but for how many times? I'm really afraid that the market finishes to break that line and that it triggered a massive bearish move just after. As I was explaining you yesterday, a support line is not there to be tested many times. The more we test it, the more it becomes weak. However, I already see also major UP starting from a support line that the market was not able to break so everything stays possible.

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4 years ago in #bitcoin by
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