🗞 Daily Crypto News, December, 7th💰

in #cryptos • 5 years ago

  • Buffett Bet 2.0: Asset Manager Wagers Crypto Fund Will Beat S&P 500 ;
  • Major Crypto Exchange Coinbase ‘Explores’ Listing XRP, Cardano, EOS, Others ;
  • SEC Again Delays Decision on VanEck-SolidX Bitcoin ETF ;
  • TRON CEO Says He Will ‘Rescue’ ETH and EOS Developers From Alleged ‘Collapse’ of Their Platforms ;
  • Switzerland's 'Crypto Valley' Zug Ranked 'Fastest-Growing' Tech Hub in Europe ;
  • 📑 Daily Crypto Calendar, December, 7th💰
  • STEEM Trading Update by @cryptopassion

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

🗞 Buffett Bet 2.0: Asset Manager Wagers Crypto Fund Will Beat S&P 500

Cryptocurrency asset manager Morgan Creek Digital is betting $1 million that its crypto fund will outperform the S&P 500, calling the challenge Buffett Bet 2.0 to mimic the billionaire investor’s famous bet. The wager is expected to be taken by “someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are worthless or overvalued.”

🗞 Major Crypto Exchange Coinbase ‘Explores’ Listing XRP, Cardano, EOS, Others

Major United States-based crypto exchange Coinbase is “exploring” the possibility of providing trading support for over 30 cryptocurrencies. Potential new additions include Ripple (XRP), EOS and Cardano (ADA), according to a press release published Friday, Dec. 7.

The company has revealed a list of 31 cryptocurrencies, including the aforementioned three, as well as NEO, Tezos (XTZ), and others. Coinbase states that it “will be working with local banks and regulators to add them in as many jurisdictions as possible.”

🗞 SEC Again Delays Decision on VanEck-SolidX Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) extended a rule change proposal allowing the nation’s first bitcoin exchange-traded fund (ETF), pushing the decision deadline to next year.
In a notice posted online, the securities regulator said it was extending the review period for the ETF to Feb. 27, 2019.

The proposal was first submitted by money manager VanEck and blockchain startup SolidX, who partnered with the Cboe exchange earlier this year.

🗞 TRON CEO Says He Will ‘Rescue’ ETH and EOS Developers From Alleged ‘Collapse’ of Their Platforms

Decentralized internet protocol TRON CEO Justin Sun has said the company will build a fund to “rescue” Ethereum (ETH) and EOS developers from “the collapse” of their platforms, in a tweet, Dec. 6.
Sun made his offer with the precondition that the developers “migrate” their decentralized applications (dApps) to the

Tron Foundation network. In the heat of the blistering crypto market crash, one aggrieved commentator immediately quipped, “So… we jump from sinking ship to another sinking ship? Sh**, I’m in. When jump, sir?”

Switzerland's 'Crypto Valley' Zug Ranked 'Fastest-Growing' Tech Hub in Europe

The Swiss city of Zug, home to crypto and blockchain development hub “Crypto Valley,” has been ranked the fastest-growing tech community in Europe. Swiss startup news channel StartupTicker reported this on Dec. 6.

According to the latest annual “State of European Tech” report from London-headquartered global technology investment firm Atomico, Zug came out top in a comparison of year-on-year growth of attendees to tech-related “meetup” events per European city, with a 177 percent increase as compared with last year:

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📑 Daily Crypto Calendar, December, 7th💰

  • Storm (STORM)

Airdrop for unsold tokens to encourage wider mass adoption.

  • Crypto.com (MCO)

CRO tokens airdrop for MCO's holders in Crypto.com app wallet.

  • HYCON (HYC)

Hycon’s daily mining volume reduced by 90% from 691,200 to 69,120.
Reduction of Per Second reward by 90%, 8-0.8 HYC per second. Implementation of improved difficulty adjustment model. Inclusion of uncle bloc...

  • Matchpool (GUP)

"Create a new pool type in which members pay to post," by December 7.

  • OriginTrail (TRAC)

"OriginTrail Vostok Mainnet will go live on December 7th!"

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

So yesterday, I was explaining you 2 scenario possible regarding the break of the trading canal via the lower line. This is the second scenario which is now validated. We can see clearly that the market tried to go back upper of the line but we failed and we are now continuing the drop under that resistance line. We should do new lows in the coming hours and I hope we will consolidate soon... Let's see !

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