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Every day I bring you the most important CryptoNews so you can stay updated with the latest developments.
World Bank President: Everyone Is Excited About Blockchain, Not Bitcoin
Canadian Securities Commission Keen to Support Cryptocurrencies and ICOs
Can Blockchain Technology Challenge YouTube, Netflix?
Logical or Not, Bitcoin's Coming Fork Is Boosting Its Price
Blockchain in Construction: BitRent Opens New Horizons for Investors
BTC Trading Update by @cryptopassion
đź—ž World Bank President: Everyone Is Excited About Blockchain, Not Bitcoin
"Blockchain technology is something that everyone is excited about, but we have to remember that Bitcoin is one of the very few instances [of Blockchain’s use in currency]. And the other times when Blockchain was used they were basically Ponzi schemes, so it’s very important that if we go forward with it, we're sure that it’s not going to be used to exploit.”
Read more & Source: https://cointelegraph.com/news/world-bank-president-everyone-is-excited-about-blockchain-not-bitcoin
đź—ž Canadian Securities Commission Keen to Support Cryptocurrencies and ICOs
The Ontario Securities Commission recently declared that it is “keen to support” cryptocurrencies and initial coin offerings (ICOs). In addition to its service to help businesses comply with securities laws, it has established a dedicated team to respond quickly to cryptocurrency offerings.
Cryptocurrency offerings have the potential to change the way financial services are offered to Canadians, and we’re keen to support innovation in this area…we aim to be flexible in our approach and believe it’s important to work together with businesses and investors to find the right balance for those vested in this space.
Read more & Source : https://news.bitcoin.com/canadian-securities-commission-cryptocurrencies-icos/
đź—ž Can Blockchain Technology Challenge YouTube, Netflix?
“There are no assurances that creators will make money out of their content - even if these go viral. This is, unless they have a specific monetization mechanism in place. However, these services benefit from everything users generate.”
Steemit, DTube and other Blockchain alternatives could be the Media Monetization of the Future.
Read more & Source: https://cointelegraph.com/news/can-blockchain-technology-challenge-youtube-netflix
đź—ž Logical or Not, Bitcoin's Coming Fork Is Boosting Its Price
Yet it seems, investors believe the momentum is warranted given the results of the last hard fork in August, which split the network in two, but did so in a way that fairly safely created a new asset called bitcoin cash.
But while developers are aware the mechanisms and politics of the coming fork are different, investors seem to be planning for the same results.
"Historically, one would assume that if you have one token and it splits into two, your mindset would be that both tokens would be worthless," Yeh said. "But, traditional rules of economics and finance don't really apply in the cryptocurrency world.
Read more & Source: https://www.coindesk.com/logical-not-bitcoins-coming-fork-boosting-price/
đź—ž Blockchain in Construction: BitRent Opens New Horizons for Investors
Blockchain platform BitRent announced a revolutionary solution in the area of new-built property: commercial and residential property shared investing at an early stage of construction and total control over construction process in real time by means of modules and structures chipping. The company operates on blockchain technology and smart-contracts protocol. BitRent platform’s mission is to make real estate investing easy, transparent and profitable all over the world.
Read more & Source : https://themerkle.com/blockchain-in-construction-bitrent-opens-new-horizons-for-investors/
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BTC Trading Update by @cryptopassion
Yesterday we broke a triangle which gave us a little break out. I was expecting a bigger movement to be honest but it didn't happen. During my new analysis today, I detected a new longer term triangle :
So, like with every triangle, we will have a new break out soon which should give us a direction.
Yesterday, I was quite sure that we will go DOWN but yeah, today it is different. This triangle looks like a consolidation before a new UP and I can only suggest you to wait that the break out starts to make the continuation in the good direction.
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đź—ž Daily Crypto News, October 13th đź’°
đź—ž Daily Crypto News, October 11th đź’°
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