🗞 Daily Crypto News, October, 9th💰

in #cryptocurrency6 years ago

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

🗞 To Scale Bitcoin, Little Improvements Will Need to Go a Long Way

The Japanese word for "improvement," and as it relates to business, it's the philosophy of continuous improvement on working practices. And with that as the tagline for the fifth edition of bitcoin engineering conference Scaling Bitcoin, it became a perfect way to summarize what's happening today among the cryptocurrency's developer ecosystem.

With the scaling debate coming to a head last year – and ending with a group of big block supporting enthusiasts breaking off to form competing cryptocurrency bitcoin cash and bitcoin getting the long-awaited code upgrade Segregated Witness (SegWit) – this year's Scaling Bitcoin conference just didn't have the flair that perhaps past events had.

🗞 Ready To Rumble: IBM Launches Food Trust Blockchain For Commercial Use

  • IBM yesterday announced that its blockchain-based food traceability platform is now live and commercially available to food retailers, wholesalers and suppliers.
  • The IBM Food Trust platform will be offered as a ‘solution-as-a-service’ via its cloud platform.
  • Walmart recently reported that it had adopted the IBM Food Trust platform and would require its suppliers to use the service by September 2019.

🗞 Bitcoin Core Developer Advocates Credit Card Payments Over BTC

Bitcoin Core developer Jimmy Song has caused controversy by suggesting that bitcoin enthusiasts would be better off using credit cards as a means of payment. He described this strategy as being “more rational and convenient” than making multiple onchain transactions. His advice flies in the face of the rationale behind Bitcoin and has provoked a strong response.

🗞 ICO Activity Down 90% This Year, Research Shows

An independent study by Autonomous Research has found that initial coin offering (ICO) activity globally has dropped over 90 percent this year. With the high of about $3 billion in funds raised by token sales at the beginning of this year, September investments were less than $300 million, according to the firm.

🗞 Swiss Financial Watchdog Issues Country's First Crypto Asset Management License

The Swiss Financial Market Supervisory Authority (FINMA) has issued the country’s first cryptocurrency asset management license to a crypto investment fund, Swiss-centered media outlet Swissinfo reports today, Oct. 9.

The recipient is Crypto Fund, a subsidiary founded in 2017 by Zug-based Crypto Finance AG. The fund has reportedly until now only been able to distribute offshore-based cryptocurrency funds under FINMA rules. The new license, however, will permit the firm to legally offer a wide spectrum of collective investment products that track Bitcoin (BTC) and other crypto assets, including domestic funds.

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📑 Daily Crypto Calendar, October, 9th💰

  • General Event (CRYPTO), Pundi X (NPXS), Stellar (XLM)

A gathering of global blockchain leaders to showcase technology’s real-world implementation and forthcoming developments | 9-10th Oct, Bali.

  • Bionic (BNC0)

"The pre-order of our revolutionary B-Wallet with fingerprint reader will start on 9th October on our website."

  • Vexanium (VEX)

Vexanium will participate on XBlockchain Summit that will will be held in Inaya Putri Bali, Nusa Dua Bali on 9th-10th October 2018.

  • Crypterium (CRPT)

Where leaders in payments shape the future, build game-changing partnerships and showcase the very latest payments innovations.

  • Holo (HOT)

Holochain is hosts meetup in Pittsburgh, PA.

  • General Event (CRYPTO)

Tbilisi, Georgia, 12:00 – 19:00.

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-october-9th

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

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

This sunday, we had the start of a nice up trend on the STEEM. All the day of yesterday, we went a little bit higher each hour to finally reach 0.85$. We are now consolidating but let's hope this trend will resume soon. If only the BTC could start also a UP move in the coming hours, I'm sure it would help us to quickly join the 1$ level.

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