đź—ž Daily Crypto News, November 1st đź’°

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  • Over One Million People Enroll in Online Crypto Class
  • Bitcoin Price Hits New High Above $6,500
  • Smart Contracts, Explained
  • Trump to Appoint Bitcoin-Skeptic Powell as Fed Chair
  • BTC Trading Update by @cryptopassion

đź—ž Over One Million People Enroll in Online Crypto Class

CNBC’s Senior Tech Reporter Ari Levy details how the world’s most popular cryptocurrency, bitcoin, with its acceptance explosion and staggering valuations, now seems to have opened an entire new educational universe.

Read more & Source: https://news.bitcoin.com/over-one-million-people-enroll-in-online-crypto-class/
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đź—ž Bitcoin Price Hits New High Above $6,500

At press time, the price of a bitcoin is at the fresh high of $6,522, according to CoinDesk's Bitcoin Price Index – a 1.16 percent gain for the day so far. The digital currency started the session at $6,447.

According to CoinMarketCap data, bitcoin is up over 17 percent for the week, and its market capitalization has now peaked at $108.5 billion.

Read more & Source: https://www.coindesk.com/bitcoin-price-surges-to-new-high-of-over-6500/

đź—ž Smart Contracts, Explained

  1. What is a smart contract?

A smart contract is a protocol for regulating contracts.

A smart contract is a special protocol intended to contribute, verify or implement the negotiation or performance of the contract. Smart contracts allow to perform credible transactions without third parties. These transactions are trackable and irreversible. Smart contracts contain all the information about the contract terms and execute all envisaged actions automatically.

Read more & Source: https://cointelegraph.com/explained/smart-contracts-explained

đź—ž Trump to Appoint Bitcoin-Skeptic Powell as Fed Chair

This spring, he gave a talk titled Innovation, Technology, and the Payments System for the Yale Law School Center for the Study of Corporate Law, during nearly half of which he spent discussing “distributed ledger technologies” (DLT) and “digital currencies.”

“Bitcoin helped bring [DLT] to public attention,” the governor began. “Using blockchain technology – which employs a form of DLT – and an open architecture, Bitcoin allows for the transfer of value (bitcoins) between participants connected to its ecosystem without reliance on banks or other trusted intermediaries,” he outlined.

Read more & Source : https://news.bitcoin.com/trump-to-appoint-bitcoin-skeptic-powell-as-fed-chair/

​BTC Trading Update by @Cryptopassion

What is the current situation on the Bitcoin ?

Here is the global chart of the BTC with the long term triangle :

You can see on that chart that we broke yesterday the triangle and that we are staying around the resistance line or that we have just a little up.

This little up is my problem... The long term triangle that you can see on the chart should have created a huge break out, a UP or a DOWN break out but huge. Remember what I said to you, the more longer in time is the triangle, the more powerfull will be the break out.

đź—ž Daily Crypto News, October 31th đź’°

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