🗞 Daily Crypto News, October, 7th💰

vlemon (76)in #cryptocurrency • 6 years ago

Sidechains Are Bringing ICOs to Bitcoin And That Might Change Crypto Funding ;
How Ethereum Mining Pools Validate Empty Blocks For Profit, Explained ;
Government Tracking of Crypto Is Growing, But There Are Ways to Avoid It ;
Venezuela Demands Citizens Pay for Passports With Petro ;
Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry ;
📑 Daily Crypto Calendar - October, 7th💰
STEEM Trading Update by @cryptopassion

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

🗞 Sidechains Are Bringing ICOs to Bitcoin And That Might Change Crypto Funding

By the end of the year, an initial coin offering, or ICO, will be launched on bitcoin.

You heard that right – on bitcoin.

While ethereum, the second largest blockchain by market cap, and other smart contract protocols, have been the choice for the majority of entrepreneurs interested in creating new crypto tokens, with a sidechain created by RSK, bitcoin will now have the ability to host the new fundraising mechanism as well.

🗞 How Ethereum Mining Pools Validate Empty Blocks For Profit, Explained

Apparently, some Ethereum miners are reaping significant rewards by validating empty blocks. On October 2, Alex Svanevik, chief data scientist at CoinFi, posted a Medium article with data showing an increasing number of blocks containing zero transactions. At one point in late September, almost three percent of validated blocks were completely empty. Also on October 2, Decrypt Media published an article showing that number has continued to rise well above three percent.

🗞 Government Tracking of Crypto Is Growing, But There Are Ways to Avoid It

Much noise has been made about the untraceable qualities of Bitcoin and other cryptocurrencies. Bitcoin "can be used to buy merchandise anonymously" said early primers on crypto, it offers users the kind of financial privacy that was previously available only from a "Swiss bank account," say more recent commentators. And given its ability to provide people with a layer of anonymity and privacy, it has been smeared by politicians, experts and mainstream journalists alike as a hiding place for almost any hacker, drug dealer, gang member, terrorist or despot you could possibly name (even if cash is still the preferred financial medium of such personae non gratae).

🗞 Venezuela Demands Citizens Pay for Passports With Petro

Venezuelan authorities have found another way to impose the adoption of the state-issued cryptocurrency, the petro. Citizens will soon have to pay with the government-controlled digital coin if they want to obtain a travel document. Hundreds of Venezuelans are leaving the crisis-hit country every day.

🗞 Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions.

CNBC’s CryptoTrader host Ran Neuner commented on Twitter today that all of this week’s “good news” – such as retail brokerage firm TD Ameritrade and Ivy League U.S. university Yale moving into crypto – are “related to investment & speculation.” Neuner suggested that perhaps such news was not moving the market because the market is now geared toward a narrative “of adoption and mass real world usage.”

📑 Daily Crypto Calendar, October, 7th💰

SLT (SL)

"We have decided to share the amount of 20 000 SL (...) Contest starts September 7/2018 and ends on October 7/2018"

ZCoin (XZC)

"MTP code to be merged to master tentatively first week of October pending unit tests being finalised."

ACChain (ACC)

Secondly Monthly Update

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

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

Look the last candles on the STEEM.We can see clearly that we are trying to start a UP trend but till now we are not able to do it. It is clearly visible with these several shooting stars that we have since some hours. Without an important close upper, these candles are often the sign of a bearish move in preparation.

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6 years ago in #cryptocurrency by vlemon (76)

$1.50

STEEM 0.30

TRX 0.12

JST 0.033

BTC 64534.17

ETH 3150.15

USDT 1.00

SBD 4.01