Daily Cryptocurrencies & Blockchain Update, October 11th, 11:50:00 CET

in #news7 years ago

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📬 Daily Cryptocurrencies & Blockchain Update, October 11th, 11:50:00 CET

Disclaimer: Nextblock.io and the information contained herein is not intended to be a source of advice or credit analysis with respect to the material presented, and the information and/or documents contained in this website do not constitute investment advice

Bitcoin

🔼 The former Fortress Investment Group manager says he's been investing in bitcoin and its underlying blockchain technology for a while and sees bitcoin's price rising to over $10,000 in the next six to 10 months, largely because of heavy investor interest. Bitcoin was up 2.1 percent on Tuesday, to $4874.15 as of 5 p.m. ET, according to CoinDesk, and has surged in value this year. https://goo.gl/4JqKkP

🔼 The New York Agreement (NYA) lost another signatory on Tuesday, as Latin American bitcoin exchange SurBTC withdrew support for SegWit2x a month before its scheduled release. The Chilean startup made the announcement on Tuesday in an official blog post, joining a litany of companies that have begun to withdraw support for SegWit2x as the scheduled November date for the controversial hard fork approaches. https://goo.gl/6U4MnA

📶 Technical Analysis: https://goo.gl/67H3Up

Ethereum

🔼 Ethereum developer Fabian Vogelsteller created Ethereum Request for Comment 725 (ERC725) on GitHub. The ERC doesn’t even have an assigned Ethereum Improvement Proposal (EIP) number, but within 24 hours, the plan for a standardized identity system for humans and machines reached the Twitterverse. https://goo.gl/HL6qeB

🔼 Vitalik Buterin, the co-founder of Ethereum, has been vocal about the lack of incentives for public open-source projects and developers contributing to the open-source codebase of Ethereum and its scaling solutions. https://goo.gl/PRitRK

📶 Technical Analysis: https://goo.gl/uDsks2

NEO

🔼 Red Pulse have announced they will be refunding the GAS generated by the NEO that needs to be returned to users as they work through the refund process. https://goo.gl/p9ja3j

📶 Technical Analysis: https://goo.gl/tZZYSQ

XRP

🔼 The head of Ripple, one of the biggest blockchain companies, has said its $15bn of cryptocurrency reserves could be used to acquire or partner with rivals, as it seeks to dominate its fast-moving sector within financial technology.
https://goo.gl/MHYRqr

📶 Technical Analysis: https://goo.gl/Rrqbff

Upcoming ICOs

🆕 CopPay starts in 19 days https://coppay.io
🆕 Hydrominer starts in 8 days https://www.hydrominer.org
🆕 Paypie starts in 4 days https://www.paypie.com

🚩 Avoid Cripto-miner.com
🚩 Avoid Cxmine.com
🚩 Avoid Asic-minerworld.com

Final Summary:

Russia Confused on their cryptocurrency stance? Total marketcap maintained above $150BN as anticipated. No fear of the upcoming Bitcoin Fork as BTC continues its Raging Bull. Ripple still remains positive ahead of SWELL. Ethereum flat as a pancake once again. Seeing recoveries across the board. Only positive as we target new ATHs.

Key Events/Conferences Today:

BLOCK-CON 2017 Santa Monica, CA
ICO Event London London, UK

Enjoy your Day
Nextblock Team

Annoucement: “We have removed Blockchain News. As the news is not relevant for individual cryptocurrencies as nextblock evolves we are focusing more on investing information and find that this information is becoming unnecessary for an investor in cryptocurrencies”.

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