🗞 Daily Crypto News, October, 30th💰

in #cryptocurrency6 years ago

  • Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets ;
  • Coinbase Raises $300 Million in New Funding Round to ‘Accelerate’ Cryptocurrency Adoption ;
  • Bitstamp Confirms Acquisition by South Korean Company ;
  • Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal ;
  • What Bitcoin's White Paper Got Right, Wrong and What We Still Don't Know ;
  • 📑 Daily Crypto Calendar, October, 30th💰
  • STEEM Trading Update by @cryptopassion

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

🗞 Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets

Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on emerging markets, the Wall Street Journal (WSJ) reported Oct. 29.

Both investments are said to have been spearheaded by one of Berkshire’s two portfolio managers, Todd Combs. In August, Berkshire is reported to have bought a roughly $300 million stake in the parent company of Paytm, India’s largest mobile-payments service.

🗞 Coinbase Raises $300 Million in New Funding Round to ‘Accelerate’ Cryptocurrency Adoption

Major U.S. crypto exchange and wallet provider Coinbase has raised $300 million in a fresh funding round that brings its post-money valuation to $8 billion, according to an official blog post published today, Oct. 30.

The Series E equity financing round was reportedly led by investment firm Tiger Global Management, with participation from a host of backers well-known for their investments in the crypto space, such as Y Combinator Continuity, Wellington Management, Andreessen Horowitz, and Polychain, among others.

🗞 Bitstamp Confirms Acquisition by South Korean Company

Bitstamp has confirmed that it has been acquired by a European subsidiary of a South Korean corporation. Nejc Kodrič will remain the CEO of the exchange. The Korean group also owns gaming giant Nexon and Korbit, the country’s fourth largest crypto exchange.

🗞 Survey: 60% of US Voters Want Cryptocurrency Political Donations to Be Legal

Clovr recently surveyed 1,023 registered U.S. voters to learn how the American public views the possibility of political candidates accepting cryptocurrency donations for campaign financing. A majority of 60 percent said cryptocurrency donations should be treated the same as fiat, with only 21 percent disagreeing.

🗞 What Bitcoin's White Paper Got Right, Wrong and What We Still Don't Know

The Bitcoin white paper has been, rightfully, recognized as one of the most original and influential computer science papers in history.

It has launched a billion-dollar industry and thousands of follow-up papers.

But it's worth turning a critical eye on the paper (and elements of the original Bitcoin design omitted from the paper) to ask what did the paper get right? What did it get wrong? And what questions do we still not know the answer to?

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📑 Daily Crypto Calendar, October, 30th💰

  • Crypto.com (MCO), General Event (CRYPTO), Ethereum (ETH)

Devcon’s purpose-to serve the global community of Ethereum developers, designers and ecosystem-builders to connect, learn and share.

  • Hdac (HDAC)

Private Blockchain PoC will be released in October 2018.

  • Chronologic (DAY)

"Grand Ethereum Alarm Clock launch near DevCon IV."

  • Steem (STEEM)

Steemit in Nigeria 2 (SIN2), the second Steemit international meetup in Africa, will take place in Abuja, Nigeria from Oct 30 - Nov 4.

  • Genesis Vision (GVT)

Trading Platform Launch

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 :

Today, we had a second bounce from the support line at 0.77$. It is a good news and it was the scenario that I was explaining you yesterday. This bounce even tried to break the resistance line but till now it is a fail and we are back in the trading range. We should test soon again one of these lines starts to be back. It looks like the market doesn't want anymore to stay in range and we could have a direction very soon.

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As we already entered into End of October soon we can see new investors in cryptocurrency. So that Bitcoin is going to raise soon in coming weeks.

We never know but I think there could be a end of the year rally for sure :)

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