🗞 Daily Crypto News, November, 17th💰

vlemon (76)in #cryptocurrency • 5 years ago

What We Know About Bitcoin Cash’s Two Rival Blockchains ;
Tutorial: How to Use CoinDesk’s Crypto-Economics Explorer ;
West Virginia Secretary of State Reports Successful Blockchain Voting in 2018 Midterm Elections ;
CryptoRuble: How Stable Could Russian National Stablecoin Be? ;
Estonia Issues Over 900 Licenses to Cryptocurrency Businesses ;
📑 Daily Crypto Calendar, November, 17th💰
STEEM Trading Update by @cryptopassion

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

🗞 What We Know About Bitcoin Cash’s Two Rival Blockchains

At 18:02 UTC, the bitcoin cash blockchain officially split in two.

With one iteration of the bitcoin cash protocol called Bitcoin “Satoshi’s Vision,” or Bitcoin SV, directly opposing the upgrades introduced through the project’s long-dominant Bitcoin ABC implementation, the blockchain forked into two distinct networks, with two separate cryptocurrencies.

And while a so-called “hash war” had been greatly anticipated, for now – at least – the two chains are steadily mining blocks on their respective networks. At press time, threats of cross-chain sabotage hinted at by Bitcoin SV proponents have yet to materialize, nor has any retaliation from the ABC camp.

🗞 Tutorial: How to Use CoinDesk’s Crypto-Economics Explorer

Officially launched in beta this week, the CoinDesk Crypto-Economics Explorer (CEX) is the newest tool in our arsenal of data products, one that we believe is our most innovative and forward-looking to date.

Ambitious in scope, we know our tool takes a bit of getting used to.

Unlike our Bitcoin Price Index (BPI), the most widely cited indicator of the price of bitcoin, the CEX is a departure in that it brings together a wider range of data points – including social, network and developer data – in an attempt to measure the full scope of a crypto asset market.

🗞 West Virginia Secretary of State Reports Successful Blockchain Voting in 2018 Midterm Elections

In a self-described “first,” the U.S. Securities and Exchange Commission (SEC) has imposed civil penalties against two Initial Coin Offerings (ICOs) solely over their failure to register their token sales, according to an official Nov. 16 press release.

The SEC states it has reached settlements with two ICO companies, CarrierEQ Inc. (Airfox) and Paragon Coin Inc., both of whom reportedly conducted their token sales last year after the SEC had already “warned” that ICOs could be deemed securities offerings in its July 2017 DAO Report of Investigation.

The nature of the settlements require both companies to “return funds to harmed investors, register the[ir] tokens as securities, file periodic reports with the Commission, and pay penalties” of $250,000 each.

🗞 CryptoRuble: How Stable Could Russian National Stablecoin Be?

European Central Bank executive board member Benoît Cœuré said this week that blockchain is promising – but that bitcoin is “the evil spawn of the financial crisis.”

On November 7, the chairman of Russia’s State Duma Committee on Financial Markets announced details of the “CryptoRuble,” a long-discussed government cryptocurrency project.

Specifically, the official said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble, but in a digital space. Russian authorities have now ended up with this concept after years of contradicting statements, and still, a ruble-pegged stablecoin might not turn out stable in the end.

🗞 Estonia Issues Over 900 Licenses to Cryptocurrency Businesses

In less than a year since Estonia introduced licensing for companies operating in the cryptocurrency industry, the number of licenses issued has surpassed 900. Authorities in the Baltic country have adopted a rather progressive approach to regulating the crypto space but startups have complained that local banks are still reluctant to offer them regular services.

📑 Daily Crypto Calendar, November, 17th💰

Nxt (NXT)

RYA airdrop to NXT holders with the snapshot at block 2,110,000.
Veros trading battle from Nov 17-24 on IDAX.

General Event (CRYPTO)

ExpoCryptoBlockain in Quorum Quito, Paseo San Francisco, Cumbayá Ecuador from 10:30AM to 9PM.

Achain (ACT), General Event (CRYPTO), JobsCoin (JOBS), Neural Protocol (NRP), Zcoin (XZC)

BlockchainBali Summit in Bali, Indonesia.

Benz (BENZ), EagleX (EGX)

Deadline for the question from Eagle Team with BENZ and EGX reward.

DADI (DADI)

Join the DADi team next Friday for #AMA across Telegram (t.me/dadichat), Discord (discord.gg/3sEvuYJ) and Reddit (reddit.com/r/DADI/).

Vexanium (VEX)

Our founder and CEO (Danny Baskara) will have his own session by bringing “How Blockchain Technology Can Impact Retail and Marketing Area”.

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9UgyZK8xCx5Xq68fdTBJGGQwFyxM2HE9fZ6FHXhH1a5BoMvU26vgpBNfMbVmB4VBZoYQxB1vSVrWbyQ?format=match&mode=fit

Here is the current chart :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9VHj1FcXg6oJdcAdkV4AbejURXZiQhHmdZCFMApB6VpZmJB5xn2XrexLxZWTXhrXcQidhgLeexAe1gS?format=match&mode=fit

The STEEM is consolidating on a support line around 0.58$. So till now we have a little support on that level. The main problem is the BTC because the pattern on the BTC is currently very bearish so if the master starts to drop again, for sure the STEEM will continue its drop also. So be very carefull if you are trading now...

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