🗞 Daily Crypto News, January 7th 💰

in #bitcoin7 years ago (edited)

  • Combined Crypto Market Capitalization Races Past $800 Bln
  • Man’s Life Savings Stolen from Hardware Wallet Supplied by a Reseller
  • Brazilian Government Plans to Process Petitions and Write Laws on Ethereum
  • 2017: A Legal Renaissance, Blockchain Style
  • An Ethereum (ETH) Based World
  • BTC Trading Update

🗞 Combined Crypto Market Capitalization Races Past $800 Bln

The combined market capitalization of all cryptocurrencies hit $800 bln on Sunday, just days after reaching the previous all-time high of $700 bln. The number is at over $825 bln as of press time and keeps growing.

Read more & Source: https://cointelegraph.com/news/combined-crypto-market-capitalization-races-past-800-bln

🗞 Man’s Life Savings Stolen from Hardware Wallet Supplied by a Reseller

Hardware wallets are regarded as one of the safest means of storing bitcoin and other cryptocurrencies. Each device grants the holder possession of their private keys and adds a PIN code plus other tamer-proof tech for enhanced security. Hardware wallets are not impregnable, however, as one British man found to his peril after purchasing the device on Ebay.

Read more & Source: https://news.bitcoin.com/mans-life-savings-stolen-from-hardware-wallet-supplied-by-a-reseller/

🗞 Brazilian Government Plans to Process Petitions and Write Laws on Ethereum

The Brazilian government is seeking to move popular petitions, an inefficient electoral system of the country, onto the Ethereum network, to process hundreds of millions of votes on the immutable Blockchain network.

In Brazil, popular petitions enable over 145 mln voters across the country to come to a consensus on important political decisions. But, for many decades, political experts and analysts have questioned the logistical issue of popular petitions, and political commentators have described the structural problem of the electoral system of Brazil as the basis for most of the country’s political issues.

Read more & Source: https://cointelegraph.com/news/brazilian-government-plans-to-process-petitions-and-write-laws-on-ethereum

🗞 2017: A Legal Renaissance, Blockchain Style

Blockchain and cryptocurrency entered the common vernacular. Previously, my family and friends, many of whom likely viewed me as earnest and well meaning – yet nonetheless tinfoil hat-wearing – politely tolerated my attempts to regale them with tales of how "blockchain can change the world." But now, dinner conversations regularly revolve around digital tokens and exchanges – and the ever-popular question, "Why didn't you tell us sooner?" I find myself smiling at the realization that, now, sometimes I am the one at the table who tries to change the subject when cryptocurrency come up.

Read more & Source: https://www.coindesk.com/2017-legal-renaissance-blockchain-style/

🗞 An Ethereum (ETH) Based World

First to $750, then to $1000. Ethereum (ETH) may not be finished yet as it skyrockets alongside this new market-cap. But Ethereum (ETH) isn’t the only game in town. Altcoins utilizing the Ethereum blockchain, incorporating smart contracts into their peer-to-peer platforms, are also benefiting greatly from the influx of cash into our favorite exchanges. As an example, Ethlend (LEND), a little-known lending platform based on Ethereum (ETH) and ERC-20 tokens, has more than doubled with the new growth.

Tron (TRX), a potential digital media platform that will transfer user information across games, social media sites and even casinos, shot up from 5 cents to over 20 (quadrupling once again) in the immediate stages of this new cash-influx (yeah, I know, it fell a bit since).

Read more & Source: https://themerkle.com/an-ethereum-eth-based-world/

BTC Trading Update by @cryptopassion

Yesterday, I was showing you this prediction :

Here is the current chart :

We broke, as expected, the resistance line and we are now moving around that line which is prooving that this line is a good indicator.

To confirm that move, we must now go test the next resistance line, the upper red line. If we are able to break it, we will go to make new highs on the BTC.

🗞 Daily Crypto News, January 6th💰
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🗞 Daily Crypto News, January 4th💰
🗞 Daily Crypto News, January 3rd💰
🗞 Daily Crypto News, January 2nd💰
🗞 Daily Crypto News, January 1st💰
🗞 Daily Crypto News, December 31st💰

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Great summary man! Very well put together. What do you expect to happen next? IMO It will be bullish again in a day or two going up 10-20%.

Thank you @runicar, I do not know yet but I think the market will remain bullish over the next 2 months.
One reason is simple... People are not able to register on trading platforms for weeks now... When they will re-open, it will bring fresh investments.

What exchanges are banning new users? I heard of Binance banning US citizens but I'm from the Eu so I don't care about it that much.

Great crypto update as always buddy. Am glad that i am still holding ETH in my portfolio since the time i bought it at 100 levels a year ago. Hope to see 2018 blasting all cryptos through the roof. Regards Nainaz.
#thealliance

Wow, it seems that you have been very successful with your investments !
Take care my friend

Thank you very much for the daily news about the Crypto currency. Have a nice day @vlemon

@vlemon really coin market climb 800bln market cap and tell me that how Brazilian Government Plans to Process Petitions and Write Laws on Ethereum i cant understand it
and this chart have a strong resistence hope it so difficult for btc to break it

Thanks for sharing!

Hello, this information is very good, I congratulate you, I think that the family does not pass us many times, nor our friends do not trust what we say, but time always gives the reason. The most important thing is not to stop believing in oneself, in myself the particular thing helps me a lot this information since I am new in this whole world.

Have a blessed day say goodbye @lindaaguila

100% upvoted from steemfollower! Thanks so much for this valuable information summary. I am an avid alternative news reader but it doesn't hit on crypto. I look forward to more of your posts!

ouch, the story of the ledger nano holder is so painful. i am impressed by the creativity formed through malicious intend... i know, post-war everyone's a general, but: buying such an important device off of an ebay-seller with possibly only a few positive reviews is a bit of a gamble. lastly, the device was not even tampered with, it does appear as if using the device as intended in the handbook and resetting keys, the thief would have never gotten hold of any keys. :/

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