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🗞 Daily Crypto News, November, 21st💰

76
6 years ago
in#cryptocurrency

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

🗞 🕹You have to try EOS Knights, Biggest game on a Blockchain !🕹

Today we take a first look at the gameplay of the beta of EOS Knights, an idle RPG on iOS and Android, one of the earliest live implementations of the EOS blockchain in a game and certainly one of the first iOS games that interacts with a blockchain full stop.

https://steemitimages.com/p/S5Eokt4BcQdiowzFoYz9uMzUKYr2QH1TrjfVCd3xHuQ5sscA1abAG5Tw2JRPT3rSMGQ3JiS?format=match&mode=fit

It is very simple.

For now, EOS Knights is a "farming game" meaning you get your team, you equip items to improve them, you level-up with Magic Water and you fight in dungeons until they die, they you get ressources and launch another dungeon.

@vlemon/you-have-to-try-eos-knights-biggest-game-on-a-blockchain

🗞 $5K Bounce? Bitcoin Price May Have Hit Bottom For Now

Bitcoin (BTC) could be in for a stronger recovery rally in the next few days, having found a temporary bottom near $4,000.

The leading cryptocurrency, which hit a 14-month low of $4,048 on Bitstamp yesterday, is now trading at $4,580, representing a 2 percent gain on a 24-hour basis.

The $500 recovery seen yesterday indicates that the market is finally paying heed to the record oversold levels reported by the 14-day relative strength index (RSI). Currently, the indicator is still hovering in oversold territory below 30.00. As a result, BTC is unlikely to revisit yesterday’s low of $4,048 for now.

🗞 SEC Investigates Salt Lending’s ICO, Huobi Advises Russian Bank on DLT

SEC Investigates Salt Lending's ICO, Huobi Advises Russian Bank on DLTCryptocurrency loan platform Salt Lending and former board member Erik Voorhees are under investigation by the SEC, according to The Wall Street Journal, which cited “people familiar with the probe.” Voorhees has responded by publishing a separate article that describes the newspaper’s claims as “inaccurate and misleading.”

SEC Investigates Salt Lending's ICO, Huobi Advises Russian Bank on DLTHuobi has agreed to provide consulting services to Russia’s Vnesheconombank (VEB) relating to distributed ledger technology (DLT), according to Vladimir Demin, the head of VEB’s Center of Digital Transformations. He claimed the state-owned bank had started working on DLT projects that do not involve cryptocurrencies or tokens.

🗞 ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs

In recent mining news, Susquehanna International Group has reported that it is no longer profitable to mine ether with a GPU. In other news, a Canadian miner has taken to Twitter to share photos of a system that recycles the heat generated by his six ASIC miners, while Jihan Wu has accused Craig Wright of attempting to conduct a 51 percent attack on the Bitcoin Cash network.

🗞 The Crypto Insurance Market May Total $6 Billion. That’s Nowhere Near Enough

As Wall Street raises the stakes around cryptocurrency, large institutional players are circling this new asset class and bringing with them their own set of requirements.

For example, there’s a need for qualified custodians to hold the assets these big-money investors will trade, as in the traditional, regulated financial realm. But a less-discussed yet critical condition for making institutions feel at home is providing adequate insurance against theft for all those custodied assets.

The problem is that there’s not enough of this insurance to go around.

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📑 Daily Crypto Calendar, November, 21st💰

  • DEEX (DEEX)

November 21st we will start trading competition for DEEX holders and traders. Trade and receive prizes.
21-23 Of November in Moscow will take part in a largest blockchain conference in Moscow.

  • General Event (CRYPTO), HYCON (HYC)

CEO Taewon Kim will participate in the Hycon-sponsored Blockchain Industry Innovation Conference in Seoul.

  • General Event (CRYPTO), Universa (UTNP)

Alexander Borodich, CEO of Universa, speaks at Russian Blockchain Week in Moscow from Nov 21-22.

  • Brickblock (BBK)

Burn of BBK tokens not sold during ICO.

  • Cobinhood (COB)

COBINHOOD holds their first meetup in Taiwan at Taipei 101 to share the latest news on the ICO Industry.

  • Sentinel Protocol (UPP)

"Our Chief of #Technology and Head of #Business will be live on Reddit answering your questions."

  • Pylon Network (PYLNT)

"This November 21 at 7.30 pm in Barcelona come to know the projects of Pylon Network."

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9WdKF7pPcJGfYKhjRbj2yn1kG9fwYRiDELUSJ1PZV31i8abqAEk4XRYu9iNHwWFzJ2BFyE1JbTiWRta?format=match&mode=fit

Here is the current chart :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9UMEvMq8dHYne3Mu7Hs96PbHtPbPp5J9HRmSWt51wsg64EhqQ5nurqBvUns8uXfnM8pz95WWCZfkN5t?format=match&mode=fit

We can see a very similar pattern on the STEEM than on the BTC. We had a reversal which was just a technical reaction from the market and the drop is already back to go test the lows on the STEEM. If we finish the current candle under the previous low, it is very probable to continue the drop with again an acceleration soon.

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6 years ago
vlemon76
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