🗞 Daily Crypto News, November 8th 💰

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Steemit reached 18,66mn visits in October ALONE.
The DAO Again? Fears, Forks and Finger-Pointing In Parity Exploit Aftermath
Reserve Bank of India Hints on Possible Ban on Cryptocurrencies
As Bitcoin Reaches New Price Highs, Network Congestion and Fees Spike
DAO PlayMarket 2.0 to Provide a Decentralized Store for Android Apps
LTC Trading Update by @cryptopassion

🗞 Steemit Statistics & Big Data: 🚀 End of October Update 🚀

We reached 18,66mn visits in October ALONE.

The number of Daily visits was quite consistent between 400k and 600k in August and September. It has been improving in October at 600k+.

When we think about it this is quite surprising considering the number of network issues we have experienced in October (DDOS attacks…).

🗞 The DAO Again? Fears, Forks and Finger-Pointing In Parity Exploit Aftermath

In the wake of one of ethereum's largest-ever security exploits – if not the largest – the technology's community is showing signs of possible crisis.

Vulcanize engineer Rick Dudley told CoinDesk:

"My thoughts are we should seriously consider as a community what the limit of our forgiveness is. At what point do we have start ostracizing people for security failures?"
Obe told CoinDesk:
"It's too early to know if the expert white hat hackers will figure this out and find a short cut to repairing the damage and restoring the frozen funds. Don't write off these geniuses figuring out how to unfreeze [the funds]."

🗞 Reserve Bank of India Hints on Possible Ban on Cryptocurrencies

At a conference held in Mumbai, India on Nov. 6, 2017, RBI executive director, S Ganesh Kumar, has hinted that the digital currencies such as Bitcoin and Ethereum will not be allowed to be legally used across the country.

“Our current position on Bitcoins is that we will not be using it for any payments and settlements…though the technology underlying cryptocurrencies will not end.”

“We will do our best to continue with our efforts to educate the government about cryptocurrencies. It can be useful for India by turning the country into a fintech hub, to increase financial inclusion, and there are several other benefits of it"

🗞 As Bitcoin Reaches New Price Highs, Network Congestion and Fees Spike

Bitcoin markets have been on a tear lately, and the price has spiked quite a bit last month and into November. However, as bitcoin’s value surpassed $7K per BTC, transaction bottleneck and miner fees have risen again, causing users to complain about unconfirmed transactions and paying $5-10 per transaction

🗞 DAO PlayMarket 2.0 to Provide a Decentralized Store for Android Apps

At this moment in time, the mobile app market represents a huge industry which is actively developing, with new apps of all kinds appearing on a daily basis. However, access to apps is often provided through mobile app stores controlled by big companies which take a big share from the sales, due to the centralized architecture of these stores.

LTC Trading Update by @cryptopassion

Like some other altcoins, the Litecoin (LTC) is currently doing a nice up. If you look the pattern bellow you will understand why :

We had a nice inverted Head and Shoulders which is a very bullish pattern. When we broke the red line that I traced, the pattern has been confirmed and we see now the very bullish trend.

I traced you the objective line at 69$ and showed you how it has been calculated.

🗞 Daily Crypto News, November 7th💰
🗞 Daily Crypto News, November 6th💰
🗞 Daily Crypto News, November 5th💰
🗞 Daily Crypto News, November 4th💰
🗞 Daily Crypto News, November 3rd💰
🗞 Daily Crypto News, November 2nd💰

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