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🗞 Daily Crypto News, October, 11th💰

76
6 years ago
in#cryptocurrency

  • Annual List of China’s Richest Includes Crypto Entrepreneurs ;
  • Report: Harvard, Stanford, MIT Endowments All Invest in Crypto Funds ;
  • A War-Torn Country in Syria Will Use Crypto to Power an Anarchist State ;
  • YoBit Exchange Announces “Pump Timer” For Random Altcoins ;
  • A Bitcoin Rat Is Occupying Wall Street ;
  • 📑 Daily Crypto Calendar, October, 11th💰
  • STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Annual List of China’s Richest Includes Crypto Entrepreneurs

The annual Hurun China Rich List, a catalogue of individuals in the country with a net worth over 2 billion yuan ($209 million), has listed several crypto entrepreneurs among China’s financial elite, according to a release published Oct. 10.

The Hurun Research Institute released the 2018 Hurun China Rich List of the richest individuals in the country, with at least 13 entrepreneurs whose business is related to cryptocurrency mining and trading.

🗞 Report: Harvard, Stanford, MIT Endowments All Invest in Crypto Funds

Multiple Ivy League and other prestigious U.S. universities are said to have made investments into “at least” one cryptocurrency fund. The report was published by the technology news site Information Wednesday, Oct. 10.

Citing an unnamed source, the Information reported that the multi-billion endowments of Harvard University, Stanford University, Dartmouth College, Massachusetts Institute of Technology (MIT), and the University of North Carolina had all invested capital in the crypto space. This is “a sign of the asset class’ growing acceptance among institutional investors,” the source said.

🗞 A War-Torn Country in Syria Will Use Crypto to Power an Anarchist State

A region home to 4 million people in Northern Syria is looking to cryptocurrency as a way to overcome economic sanctions.

Rojava, also known as the Democratic Federation of Northern Syria, has spent the last six years at war for its territory. Now under a fragile peace, the region is under economic sanctions from all sides – Turkey, Iran, Syria, Iraq. In the midst of this uncertainty, however, those backing the state are putting a new emphasis on monetary independence.

Because its primary currency is the Syrian lira, the main currency of the Syrian state (which Rojava has just spent years fighting), there's a growing belief in some quarters that cryptocurrency could provide a better alternative, Erselan Serdem, a leader of Rojava's technological development program, told CoinDesk.

🗞 YoBit Exchange Announces “Pump Timer” For Random Altcoins

The cryptocurrency industry is prone to pump-and-dump schemes for quite some time now. This tends to happen with small-cap altcoins on a regular basis. Things get a lot more confusing when exchanges publicly announce they will pump specific coins as well. It is unclear what YoBit is thinking at this point.

🗞 A Bitcoin Rat Is Occupying Wall Street

Ten years after the financial crisis of 2008, an artist known as Nelson Saiers has placed his latest artwork across the street from the New York Federal Reserve building in the financial district. The piece is a giant sized and menacing-looking inflatable rat covered in Bitcoin code. The former Wall Street hedge fund manager and mathematician dedicates most of his time these days to his artisan loft where he produces visuals depicting the broken financial system.

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📑 Daily Crypto Calendar, October, 11th💰

  • XTRADE (XTRD)

XTRD team will participate in Blockchain Shift (Miami, USA, October 11–12, 2018).

  • Enjin Coin (ENJ)

ENJ attends GIC 2018 on Oct 11-14.

  • Ravencoin (RVN)

First annual meeting in Portsmouth, NH.

  • Holo (HOT)

An informal evening to discuss everything Holochain. Learn the basics.

  • The Abyss (ABYSS)

Buyback program details revealed.

  • Hdac (HDAC)

Vote ends for Hdac mining block reward reduction.

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

Look how the support line in green looks strong. We have touched exactly that line and it created an immediate bounce with even a very nice green candle which tested the 0.87$ level. Unfortunatly, we havent been able to stay at this level but we are staying in a little bull trend. I know that the 1$ level is still far but it really stays my short term objective.

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