- Ethereum Developers Are Quietly Planning an Accelerated Tech Roadmap ;
- Bitcoin Fundamentals ‘Still Intact’ Despite Price Lows, Says Blockchain Intelligence Group ;
- India: 'Big Four' Auditor EY to Hire 2K Employees to Develop in Blockchain, AI ;
- US State Takes Action Against Crypto Operation Imitating a Bank ;
- Bitcoin Black Friday: An Annual Tradition ;
- 📑 Daily Crypto Calendar, November, 23rd💰
- STEEM Trading Update by @cryptopassion
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 Ethereum Developers Are Quietly Planning an Accelerated Tech Roadmap
Ethereum developers are quietly discussing a previously undisclosed upgrade that could boost the capabilities of the technology more aggressively in the short-term.
Specifically, the minutes from four private meetings that took place at the Devcon4 conference at the end of October, refer to an upgrade named “ethereum 1x,” possibly to be activated in June 2019.
An internal document containing the minutes was published to Github by an engineer of the ethereum virtual machine, Greg Colvin, on Friday.
While previously undisclosed, the minutes have been verified by one attendee who wished to remain anonymous. They told CoinDesk that developers believe the proposals are too early-stage to be discussed publicly. Other developers did not respond to requests for comment.
🗞 Bitcoin Fundamentals ‘Still Intact’ Despite Price Lows, Says Blockchain Intelligence Group
The 2018 cryptocurrency price decline is a result of investors’ “lack of education,” the CEO of Canadian firm Blockchain Intelligence Group (BIG) said in an interview published in German economics news outlet Finanzen.de Nov. 23.
Speaking with a representative of German investment bank GBC AG, BIG’s CEO Lance Morginn suggested the combination of entry-level investors piling in during 2017, regulatory uncertainty and standard principles of supply and demand resulted in the 2018 bear market.
“You couple all these factors together, along with the lack of understanding that the average individual has of the sector, and that's the reason the pricing of crypto and where it's at today,” the search, analytics and risk management company’s CEO told the publication.
🗞 India: 'Big Four' Auditor EY to Hire 2K Employees to Develop in Blockchain, AI
“Big Four” auditor Ernst & Young (EY) will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. The news was first reported by English-language, Indian news outlet The Economic Times and posted to EY India’s official Twitter Nov. 23.
According to the Times, EY will be recruiting the new talent over the next three years, in parallel to its global plans to invest $1 billion in “new technologies, client services, innovation and the EY ecosystem” over a two fiscal year period, as of July 2018.
🗞 US State Takes Action Against Crypto Operation Imitating a Bank
The U.S. state of North Dakota has issued a cease and desist order against a cryptocurrency operation imitating a fully licensed bank in Liechtenstein. This operation goes by the same name as the token announced by the bank. Its website mirrors the bank’s website and its crypto announcement was identical to the bank’s, including a plan to issue a Swiss franc-backed stablecoin.
US State Takes Action Against Crypto Operation Imitating a Liechtenstein BankNorth Dakota Securities Commissioner Karen Tyler issued a cease and desist order on Monday against Union Bank Payment Coin, aka Ubpc, as well as its officers, directors, agents, and employees. The order states that they are promoting “unregistered and potentially fraudulent securities” in the form of an initial coin offering (ICO) to North Dakota residents.
🗞 Japan: Zaif Exchange Handover Complete as Previous Owner Vows to Dissolve Company
Launched several years ago by crypto enthusiast Jon Holmquist to promote bitcoin awareness, Bitcoin Black Friday is a little slice of consumerism for the crypto world. Held the same day as the famous shopping celebration, the event features deals and discounts for customers who pay in bitcoin at participating merchants. Think of it as a Cyber Monday for the blockchain crowd.
Last year, big names in the space joined the capitalist fun, including hardware wallet companies Ledger, which offered 21 percent off its Nano S model, and Trezor, which touted a "buy two, get three" deal. Additionally, 2017 saw the introduction of a "currency-agnostic" celebration – shops accepting any cryptocurrency could be listed, though the focus remained on bitcoin merchants "due to the [large] amount of them," according to Holmquist.
📑 Daily Crypto Calendar, November, 23rd💰
- DEEX (DEEX)
On November 23-24, DEEX will take part in the Blockchain Leadership Summit conference that will be held in Basel, Switzerland.
- SONM (SNM)
SONM co-founder presents an exclusive report on SONM's first year results at Cryptoevent.RIW in Moscow.
- General Event (CRYPTO)
"Bitcoin & Co .: Practical introduction to the world of cryptocurrencies," from 14:00-18:00.
- Naviaddress (NAVI)
Ask the Team your questions on 23rd of November at 16:00 CET.
- Proxeus (XES)
Proxeus technology will be used to issue certificates of attendance as part of the Blockchain Leadership Summit 2018.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
We have a support line at 0.39$. It is indeed very week but till now it is still valid. As always the BTC will decide if we will break it or not. a little bounce from it for the 3rd time would be a nice short term signal for a UP but the market is so bearish, I'm not sure if it is a good point to ask to the market to test again that point.
Last Updates
- 🗞 Daily Crypto News, November, 22nd💰
- 🗞 Daily Crypto News, November, 21st💰
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- 🗞 Daily Crypto News, November, 18th💰
- 🗞 Daily Crypto News, November, 17th💰
- 🗞 Daily Crypto News, November, 15th💰
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