🗞 Daily Crypto News, April 24th💰

• Fear and HODLing at MIT: Blockchain Experts Weigh Impact of SEC Action ;
• Ethereum Devs Publish Upgrade Proposal To Move Network Away From Mining-Related Issues ;
• Ether & Ripple Doomed As Securities According to Regulation Expert ;
• Crypto Ads Ban Is Temporary, According To LinkedIn's Co-Founder;
• California State Senator Promotes Blockchain Bill For Recording Stock Information;
• Vinny Lingham Interview: Scaling, Securities and Bitcoin Extremism ;
• 📑 Daily Crypto Calendar, April 24th💰
• STEEM Trading Update by @cryptopassion

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

🗞 Fear and HODLing at MIT: Blockchain Experts Weigh Impact of SEC Action

That seemed to be the main takeaway for the cryptocurrency industry from Monday's Business of Blockchain conference at the Massachusetts Institute of Technology (MIT).

On the one hand, the event was clouded by speculation that the U.S. Securities and Exchange Commission (SEC) may go as far as to classify two of the top three coins by market cap, ethereum and Ripple's XRP, as securities. Such a determination could subject a wide swath of industry members to legal penalties - far beyond the promoters of recent initial coin offerings (ICOs) who were already on alert the last few months.

Read more & Source: https://www.coindesk.com/fear-hodling-mit-blockchain-experts-weigh-impact-sec-crackdown/

Ethereum Devs Publish Upgrade Proposal To Move Network Away From Mining-Related Issues

Developers of Ethereum (ETH), the largest altcoin by market capitalization, have published Ethereum Improvement Proposal (EIP) #1011 on Friday, April 20, to create a hybrid system of consensus that seeks to push the network away from issues associated with crypto mining.

The proposal consists of specifications for implementing the Hybrid Casper the Friendly Finality Gadget (FFG) network update, which will combine Proof-of-Work (PoW) with Proof-of-Stake (PoS) consensus, with the goal of eventually transitioning to PoS.

Read more & Source: https://cointelegraph.com/news/ethereum-devs-publish-upgrade-proposal-to-move-network-away-from-mining-related-issues

🗞 Ether & Ripple Doomed As Securities According to Regulation Expert

Former Obama administration financial regulator Gary Gensler believes cryptocurrencies such as ether and ripple appear as unregistered securities, and in current violation of the law. His comments carry considerable weight in the broader financial community. They also come after venture capitalists and lawyers invested in ether projects met secretly with the US Securities and Exchange Commission (SEC) to head off such regulation. Spokespeople for both coins insist they’re not securities.

Read more & Source: https://news.bitcoin.com/ether-ripple-doomed-as-securities-according-to-regulation-expert/

🗞 Crypto Ads Ban Is Temporary, According To LinkedIn's Co-Founder

Cointelegraph had a chance to talk to Eric Ly, Chinese-American investor and businessman and co-founder of LinkedIn, where for years he also served as founding CTO.

In the beginning of his career Eric held technical positions at prominent companies such as Steve Job’s NeXT, IBM or General Magic, before co-founding LinkedIn with his Stanford classmate and other colleagues in 2002. There, among other things, Eric was responsible for developing software integrations with software such as web browsers and Microsoft Outlook. Eric left LinkedIn in 2006 to develop his own projects.

Read more & Source: https://cointelegraph.com/news/crypto-ads-ban-is-temporary-according-to-linkedins-co-founder

🗞 California State Senator Promotes Blockchain Bill For Recording Stock Information

Last week, Senator Bob Hertzberg (D), who represents California's 18th Senate District, advanced legislation permitting Blockchain technology for certain business practices, financial information platform Equities.com reported April 23.

SB 838 would allow corporations to apply "Blockchain technology or one or more distributed networks" to record and keep the “names of all of the corporation’s stockholders of record, the address and number of shares registered in the name of each of those stockholders, and all issuances and transfers of stock of the corporation.”

Read more & Source: https://cointelegraph.com/news/california-state-senator-promotes-blockchain-bill-for-recording-stock-information

🗞 Vinny Lingham Interview: Scaling, Securities and Bitcoin Extremism

One of bitcoin’s leading luminaries, Vinny Lingham has an opinion on everything and an uncanny ability to sense market movements, earning him the moniker of Bitcoin Oracle. News.Bitcoin.com caught up with the serial entrepreneur to get his thoughts on bitcoin cash, Lightning Network, token models and more.

Read more & Source: https://news.bitcoin.com/vinny-lingham-interview-scaling-securities-and-bitcoin-extremism/

Daily Crypto Calendar, April, 24th

• NEO (NEO)

Neo at Vienna meetup and workshop as part of their Europe Tour in April.

• LockChain (LOC)

Lockchain will be rebranding to LOCKTrip on the 24th of April, 2018
"The new website will feature a much more detailed road-map and an appealing design with strong visual references to our alpha marketplace."

• eBoost (EBST)

"Our very own eBoost Gaming Director asked to speak at Texas House of Representatives."

• Ambrosus (AMB)

Rado Dragov to speak in Brussels alongside Henna Virkkunen of the European Parliament, Pēteris Zilgalvis, and John Higgins.

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-april-24th

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 :

Since yesterday, we had a nice UP on the STEEM to go test the previous high around 3.25$. We are currently trying to break it but nothing is yet done.

I'm a little bit afraid about that pattern, because it could be a double top. That pattern of double top is a bearish pattern which creates a drop because we are not able to break the previous high. Add to this that we are not able currently to break the resistance on the BTC and you will realize that it is a very risky momentum.

If the BTC starts to drop, we will have for sure the perfect excuse to realize the double top on the STEEM. Let's see what will happen in the next hours...

• 🗞 Daily Crypto News, April 23rd💰
• 🗞 Daily Crypto News, April 22nd💰
• 🗞 Daily Crypto News, April 21st💰
• 🗞 Daily Crypto News, April 20th💰

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