🗞 Daily Crypto News, November, 5th💰

in #cryptocurrency5 years ago

  • SEC Official Says 'Plain English' Guidance On ICOs Is Coming] ;
  • Balancing Security With Usability: A Look At One Crypto Company’s Evolution In Product Design ;
  • Crypto Markets See Widespread Wave of Green, Bitcoin Pushes $6,500 ;
  • Crypto Exchange Bitstamp Aims to Get 1,250 Times Faster with Tech Upgrade ;
  • Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans ;
  • 📑 Daily Crypto Calendar, November, 5th💰
  • STEEM Trading Update by @cryptopassion

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

🗞 SEC Official Says 'Plain English' Guidance On ICOs Is Coming

The U.S. Securities and Exchange Commission (SEC) plans to clarify when and how cryptocurrencies may be classified as securities, its director of Corporation Finance said Monday.

Speaking at the D.C. Fintech Week conference, SEC director William Hinman said the regulatory agency intends to release "plain English" guidance for developers to refer to when planning token offerings. This guidance will help such developers determine on their own whether any potential token offering may be classified as a security or not, according to Hinman, though it's not clear when the guidance will be published.

🗞 Balancing Security With Usability: A Look At One Crypto Company’s Evolution In Product Design

Both a seamless user interface (UI) and user experience (UX) are paramount to the success of any application. Individuals overwhelmingly prefer easy-to-navigate interfaces over clunky, confusing screens full of information they may not understand. A focus on usability is certainly a wise choice.

However, in the cryptospace, user security is arguably the most significant aspect of any Dapp or wallet service. With a technology based on cryptography and concerned with self-sovereignty, it's understandable that Dapp builders want to ensure the safety of their users.

🗞 Crypto Markets See Widespread Wave of Green, Bitcoin Pushes $6,500

Bitcoin Cash, the fourth top cryptocurrency by market capitalization, has grown sharply from $473 at the beginning of the day to as high as $573 as of press time, which is the highest trading point of the cryptocurrency over the past month. Trading around $420 for the most part of the week, Bitcoin Cash started this upward trend on Nov. 2.

🗞 Crypto Exchange Bitstamp Aims to Get 1,250 Times Faster with Tech Upgrade

Cryptocurrency exchange Bitstamp is getting a new matching engine developed by Cinnober, a global provider of exchange and clearing technology whose clients are mostly traditional stock and commodity markets.

Cinnober's TRADExpress Trading System will replace Bitstamp's in-house matching engine, the companies announced Monday.

🗞 Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans

Bitcoin (BTC) is today up close to two percent, trading around $6,400 at press time. Since sustaining mild losses Oct. 29-31, the top coin has in early November been edging close to the $6,400 mark, but failed to break through until today’s solid boost.

In a tweet today, crypto commentator Joseph Young underscored the comparatively higher trade volumes for Bitcoin, which are today at around $4.4 billion for the 24-hour period, according to CoinMarketCap (CMC). CMC’s historical data shows a trend of rising BTC trade volumes, which had stagnated towards $3.2-3.6 billion multiple times in October – notwithstanding the market rally Oct. 15, when volumes briefly spiked to almost $7.4 billion.

image.png

📑 Daily Crypto Calendar, November, 5th💰

  • Storiqa (STQ)

Storiqa crypto marketplace platform launch.

  • Callisto Network (CLO)

IDAX lists Callisto Network. Exchange deposits open Saturday, Nov 3rd. Trading starts from Monday, November 5th.

  • Snovian.Space (SNOV)

"Our team is excited to announce we'll be participating in the world's largest tech conference - Web Summit, taking place November 5-8."

  • QuarkChain (QKC)

QuarkChain and Celer Network give a talk in Berlin on building scalable blockchain architecture.

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9VKASNKGsjVMeNM9sqvH1PALGDg7DMYMoKa77RMBXrd69PFh3hFfqGu5zR3i2v9oEu4nP2jrwJkVbug?format=match&mode=fit

We will touch very soon again the support line around 0.77$. As we had the previous times, we must have a bounce when we will touch that support line. If we don't want that the STEEM tries to do new lows, this support line must hold any drop and any attempt to break it. On the other side, if we have again a new bounce from it, it will really confirm that this line is strong and the market could decide to make a very nice UP during the bounce. Let's see.

Last Updates

You don't want to miss a Crypto news?

Follow me on Twitter or Facebook

Sort:  

You got a 33.86% upvote from @upmewhale courtesy of @vlemon!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!

Coin Marketplace

STEEM 0.30
TRX 0.11
JST 0.033
BTC 64271.38
ETH 3157.43
USDT 1.00
SBD 4.25