- ConsenSys ‘Town Hall’ Shows Staff Shaken at Ethereum’s Largest Startup ;
- Coinbase Extends Wegift Partnership to the US ;
- Facebook to Develop Equitable Financial Services? ;
- Bitcoin Oversold on Weekly Price Chart for First Time in Four Years ;
- Crypto.com Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption ;
- 📑 Daily Crypto Calendar, December, 11th💰
- STEEM Trading Update by @cryptopassion
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 ConsenSys ‘Town Hall’ Shows Staff Shaken at Ethereum’s Largest Startup
Internal chat logs from a town hall held Friday by ethereum production studio ConsenSys show that employees are grappling with uncertainty in the face of recently announced layoffs.
A day after confirming that 13 percent of its staff would be cut in what CEO Joseph Lubin called a “restructuring of priorities,” company leadership held an all-hands meeting to field questions from members of its roughly 1,200-person team, a meeting documented in a live chat viewed by CoinDesk.
“How many months of runway do we have?” asked one anonymous user.
“I would like to forfeit my position for a colleague (fired) whom I know will add more value to ConsenSys than me,” wrote one named employee in the chat. “Is that possible?”
🗞 Coinbase Extends Wegift Partnership to the US
The Daily: Coinbase Expands Gift Card Program, Facebook Seeks Blockchain TalentCoinbase has announced that its trading platform now offers e-gift cards for its customers in the U.S. This means that American users will be able to instantly spend their cryptocurrency balances from the exchange with dozens of new retailers. The development has been achieved by expanding its partnership with the London-based startup Wegift, which supports many well-known brands such as Nike, Tesco, Uber, Google Play, Ticketmaster and Zalando.
🗞 Facebook to Develop Equitable Financial Services?
At the start of 2018, Facebook founder Mark Zuckerberg set a goal for himself to take back power from centralized systems using “encryption and cryptocurrency.” While the year is nearly over and this resolution remains unfulfilled, his company appears to still be focused on the subject. Recently surfaced ads show that Facebook is looking for data scientists and software engineers to help develop new blockchain solutions, possibly including financial services.
🗞 Bitcoin Oversold on Weekly Price Chart for First Time in Four Years
A key long-term bitcoin (BTC) price indicator is reporting oversold conditions for the first time in almost four years.
The widely followed 14-week relative strength index (RSI), which oscillates between zero to 100, is currently seen at 29.80 – a level last seen in January 2015.
An asset or a cryptocurrency is considered to be oversold if the RSI is holding below 30.00. On the other hand, an above-70 reading indicates overbought conditions.
Crypto.com Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption
Hong Kong-based cryptocurrency payment platform Crypto.com has hired a former PayPal executive, the company confirmed in a press release Dec. 11.
Tyson Hackwood will join the crypto firm as its senior vice president and head of global merchant acquisition. Crypto.com, which came into being after cryptocurrency debit card provider Monaco acquired the domain name for a reported $10 million in July, seeks to increase consumer and merchant adoption for point-of-sale (PoS) transactions.
📑 Daily Crypto Calendar, December, 11th💰
- Vexanium (VEX)
VEX token buyback will be held on Tuesday, 11th December 2018 starts from 15.00 – 16.00 GMT+7, by using VexGift.
- SophiaTX (SPHTX)
Jaroslav Kacina (CEO of SophiaTX) will be presenting at the Toronto CIO Executive Summit.
- TenX (PAY)
OKR update with expected news on token structure, cards, banking license etc.
- EOS (EOS)
"On the 11th of each month starting on December the 11th, we will be airdropping tokens to your EOS account..."
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
We will test soon the resistance line created by the previous low. It is the same scenario since weeks now. Each time we broke lows and made lower lows... Let's see what will happen this time but yeah the chart is still very bearish and no one knows where it will stop. If people want invest in the Steem, I would suggest them to wait that we have some bull signals. You will perhaps miss the early start of the bounce but at least you won't buy something which can continue drop during 1 year...
Last Updates
- 🗞 Daily Crypto News, December, 10th💰
- 🗞 Daily Crypto News, December, 8th💰
- 🗞 Daily Crypto News, December, 7th💰
- 🗞 Daily Crypto News, December, 5th💰
- 🗞 Daily Crypto News, December, 4th💰
- 🗞 Daily Crypto News, December, 2nd💰
- 🗞 Daily Crypto News, December, 1st💰
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