💰 Daily Crypto Updates, February 10th 🚀

in #bitcoin6 years ago

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  • Bitcoin Sets Six-Day High Above $9K (Then Dips Again)
  • Millions Of NANO (XRB) Coins Missing Or Stolen From Bitgrail Exchange
  • Crypto ‘Unlikely To Disappear’, Says Internal Report Attributed To J.P. Morgan
  • NY Fed Economists: ‘Advanced Economies’ May Not Need Crypto

📰 Bitcoin Sets Six-Day High Above $9K (Then Dips Again)

Bitcoin (BTC) is trimming gains, having set a six-day high above the $9,000 mark early Saturday, according to CoinDesk's Bitcon Price Index (BPI).

BTC has now rallied more than $2,300 from Tuesday's low below $6,000.

Read more: https://www.coindesk.com/bitcoin-sets-six-day-high-9k-dips/

📰 Millions Of NANO (XRB) Coins Missing Or Stolen From Bitgrail Exchange

On February 8th, 2018, the Nano Core team was informed by Francesco “The Bomber” Firano — owner and operator of the BitGrail exchange — of a loss from the BitGrail wallet. Our team promptly contacted law enforcement and we are fully cooperating with law enforcement on this matter.

We now have sufficient reason to believe that Firano has been misleading the Nano Core Team and the community regarding the solvency of the BitGrail exchange for a significant period of time.

Read more: https://medium.com/@nanocurrency/official-statement-regrading-bitgrail-insolvency-ed4422bf274b

📰 Crypto ‘Unlikely To Disappear’, Says Internal Report Attributed To J.P. Morgan

J.P. Morgan has called cryptocurrencies the “innovative maelstrom” around Blockchain and said they are “unlikely to disappear”

“CCs [Cryptocurrencies] are unlikely to disappear and could easily survive in varying forms and shapes among players who desire greater decentralization, peer-to-peer networks and anonymity, even as the latter is under threat,” the summary continues in a positive vein.

Read more: https://cointelegraph.com/news/crypto-unlikely-to-disappear-says-internal-report-attributed-to-jp-morgan

📰 NY Fed Economists: ‘Advanced Economies’ May Not Need Crypto

The Federal Reserve Bank of New York published an interview on their site Friday, Feb. 9, in which two of its economists explain cryptocurrency, highlighting crypto’s “trustless” nature, but expressing doubt that cryptocurrency could ever “realistically compete with current payment methods.”

“You're right that they [virtual currencies] are not backed by a physical commodity, but then neither is the dollar and most other modern currencies.”

Read more: https://cointelegraph.com/news/ny-fed-economists-advanced-economies-may-not-need-crypto

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Hi @phil917, I can see that my Daily Crypto Updates inspired you quite a lot...
Please change the way you publish it as it is obvious you copied the organisation of the News,even the emojis and the Cover-Photo.
I found out with some readers warning me of an account posting in the same way I do.
Otherwise I'll have not other way than to flag you for copying someone else's work.

Hi there! Yes your Crypto news articles definitely inspired me to make my own series. I'll make some changes to my format so that there's more of a difference between our posts going forward :)

Nice Info, thanks !
Check out my airdrops posts too!

Thanks, will do!

Your daily crypto picture looks a lot like @vlemon his picture. A bit confusing 🧐

Yes his posts helped inspire this series. I'll be making some changes to my format going forward to avoid further confusion.

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