Daily Cryptocurrencies & Blockchain Update, September 25th, 10:40:00 CET

📬 Daily Cryptocurrencies & Blockchain Update, September 25th, 10:40:00 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

🔼 Russian media has conducted interviews with several representatives of the country’s bitcoin mining industry. The investigation has provided unique insights into an expansive industry that penetrates all levels of Russian society, ranging “from schoolchildren to pensioners”. https://goo.gl/JfVepB

🔽 Bitcoin prices have been trading sideways for the last few weeks, moving within a reasonably tight range as many investors wait to see what China's regulatory environment will look like going forward. https://goo.gl/SMhSpT

🔼 Developers often use words like "monolithic," "blob" and "tangled" to describe the code underpinning bitcoin. These words paint a picture of how difficult the code can be to comprehend and, in turn, work with, and it's not exactly a comforting thought for a network supporting $61 billion in investor dollars. That's not to say bitcoin doesn't work – it does – but the state of the codebase does leave something to be desired, both for users who might desire more flexibility and the developers who want to improve it. https://goo.gl/bCSABk

📶 Technical Analysis: https://goo.gl/famB2J

Ethereum

🔼 Ethereum mining difficulty reaches lofty new heights https://goo.gl/dz7W1U

🔼 Vitalik's interview with one of the most popular Korean newspapers, https://goo.gl/V8KkDz

📶 Technical Analysis: https://goo.gl/Fcwe1p

NEO

🔼An article has emerged from Het Financieele Dagblad, a Dutch newspaper that focuses on business and financial matters with comments from Da Hongfei regarding NEO and the state of regulations in China. https://goo.gl/Nz7f5u

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

Upcoming ICOs

🆕 Etherparty starts in 6 days https://etherparty.io/ico/
🆕 Sense starts in 1 day https://sensetoken.com
🆕 B2BX starts in 7 days https://www.b2bx.pro/

Blockchain News

🔼 Blockchain technology is changing the way many technology startups raise money.
Entrepreneurs seeking capital to build tech startups have long sought out elite venture capitalists on the famed Sand Hill Road in Silicon Valley. Now the many startups developing applications for blockchain technology have another option: They can go online and raise millions by creating digital tokens, for use as currency on blockchain platforms, and selling them in what is known as an initial coin offering, or ICO. https://goo.gl/F28WVW

🔼 Professor David Yermack from NYU Stern School of Business thinks so. He argues it’s only a matter of time before Central Banks withdraw banknotes from circulation and put the national currency into an electronic blockchain rending other banks “unnecessary”. https://goo.gl/Z5T1hQ

🔼 In sheer scale, the Equifax breach is small, impacting 143m people, when compared to other data breaches of the past year such as Yahoo’s 1bn user account violation. How could Blockchain be the solution? https://goo.gl/2q6zy3

🚩 Avoid Genuinebitcoinmultiplier.com
🚩 Avoid Bitwallio.com
🚩 Avoid Coin-lite.com

Final Summary:

Majority of cryptos are trading virtually flat at the moment awaiting for the next catalyst. This week starts off above 131BN Total Market cap. Chinese Regulators are likely change the direction of the market with their next comment.

Key Events/Conferences Today:

Tearsheet Hot Topic: Bitcoin and Blockchain New York, NY
World Blockchain Forum - Investments & ICOs London, UK
Blockchain Middle East Forum Dubai, UAE
India Blockchain Week Mumbai, India

Enjoy your Day
Nextblock Team