3rd consecutive red day

[Litecoin]

3rd consecutive red day

CoinMarketCap Daily Newsletter “Things do not
change; we change.” - Henry David Thoreau In today's newsletter, we will
be covering: Tassat and Blockfills launching a trade-at-settlement
product for Bitcoin the FEMA advisory board proposing
blockchain to speed ‘disaster dividend’ payouts the Chinese army’s
blockchain provider receiving approval for a new
hyperledger certification program. Also, in our 'Tutorial Tuesday'
section, we have another well put together educational video by
crypto educational content provider, Goodbit! Total Market Cap:
~$225.5 billion (-3.5%) BTC Price: ~$8,240 (-3.5%) 24-Hour Volume: ~$73.8
billion (~20.6%) BTC Dominance: ~66% (~0.2%) Notable movers: - New coins:
- Over the past 24 hours, total market capitalization dropped again for
the 3rd consecutive day from ~$233.6 billion to ~$225.5 billion, with most coins
seeing losses in the ~1-6% range. BTC is currently trading at ~$8,240,
down ~3.5% over yesterday. On the daily chart, BTC is still trading below
its 21-, 50- and 100-day EMA support lines, and RSI is at ~39 (has been
steadily dropping over the past month), indicative of growing bearish momentum.
On the weekly chart, BTC broke below its 21-EMA support line for the second time
in the past 3 months. BTC continues to be trading within its lower highs
and lower lows trading pattern it has been trading within since late June this
year. How much do you agree with this statement: "I believe in
private blockchains more than I do in public blockchains." Why or why not? Share
with me in the polls! New York-based fintech provider, Tassat, is teaming up
with digital asset market marker, trader and broker, Blockfills, to launch an
institutional "Trade at Settlement (TAS) product for spot Bitcoin (XBT/USD)" by
mid-December. TAS is a type of electronic order book that enables buyers and
sellers to trade at, or close to, a settlement price agreed upon during a
discrete fixing time frame. It is mostly found in derivatives markets for a
variety of underlying assets, and is meant to decrease uncertainty and eliminate
carelessness in execution, by creating a pre-set price for participants
to trade around. The product provides a means to "offset the risk of price
movements on their futures positions and/or rebalance the gamma on option
positions with no risk of excessive slippage" in order to offer participants
"new and efficient ways to hedge their positions" in the face of growth from
digital asset derivatives. According to a draft text of the National Advisory
Council’s (NAC) Nov report, America’s Federal Emergency Management Agency (FEMA)
could potentially use a blockchain registry to hasten disaster relief
payments. The draft text urges FEMA Administrator Peter Gaynor to start
creating a blockchain pilot program for land registries, arguing that
doing so could simplify and boost the speed of government payouts to
communities that depend on them during natural disasters. The introduction
of such a system could also catalyze "cross-sector engagement and create
technology-enabled use cases that can improve the speed of disaster
responses and insurance claim payments, without sacrificing accuracy or
increasing the risk of fraud.” The open-source blockchain alliance
supported by the Linux Foundation, Hyperledger, has given the go-ahead to
a Beijing-based company that also services the Chinese army for its new
certification system. Hyperledger commented that only 5 companies are licensed
Hyperledger Certified Service Providers (HCSP) and are able to "offer support,
consulting, training and professional services, including installation,
configuration and troubleshooting, to other enterprises exploring
blockchain technologies." The firm, Beijing Peersafe Technology, joins
the likes of Ant Financial, IBM, Accenture and Chainyard after the
announcement, and is also one of the top 3 companies in terms of
blockchain patents that offers "infrastructure for blockchain-based
platforms across China, including those created for the government."
Beijing Peersafe Technology has also built a Series C funding from the Shanghai
Civil Military Integration Development Fund that invests in dual-use
technologies used for both civilian and military purposes. The U.S. Securities
and Exchange Commission (SEC) is re-evaluating its plan to reject Bitwise
Asset Management and NYSE Arca's Bitcoin (BTC) exchange-traded fund (ETF)
filing. The world's biggest card payment network, Visa, has been subtly
creating a blockchain system that could revolutionize the way banks transfer
customer transaction information to consumer financial applications. A panel
of senior British judges and lawyers, the UK Jurisdiction Taskforce of the
Lawtech Delivery Panel, has released a legal statement that sees cryptocurrency
assets as "tradable property". A type of wallet that derives keys from a
starting point called a seed. As long as you have this seed, you are able to
backup and restore any wallet. In this week's Tutorial Tuesday, our friends over
at Goodbit have created an educational video on 'Ethereum 101' Class is in
session. Check it out here! TBA - Justin Sun's lunch with Warren Buffett
"How much do you agree with this statement: "I find this current, slowly
slipping, crypto market unsettling."" The average vote was 5.7. Just
testing your holding skills. – Hahahaha word. To me its a consolidation
phase and buying opportunity – Likewise It’s getting to a better price
point for buyers – Great time to DCA imo. I know I am. i think a lot of
projects are not able to get good valuations.. but it is just a matter of time..
also i think there is a general global recession which also we should take in
account. – That would be the true litmus test of BTC. NO, my guess is a lot
of Financial entities are working to sell BTC to show how complicate is the
future of Cryptos, don´t worry keep your mind clear & Believe strong with
cryptos future. – HODL on for dear life, for its gonna be a bumpy ride.
Well for one, I've been hodling since September 2017 since my first purchase
of BTC and I've been staking ever since, ive been through crazy swings , this
is nothing. I think the price only matter if i were looking to make short term
gains. But I'm more about staking sats – Yeah, your strategy really takes away
a lot of the investment stress. I'm in long term. My crypto
investments are all "house money" – Noice! just a BIT of a slow down – Quite
significant overhead bearish pressure atm. The value of btc is not showing any
signs of going back up in value, and hasn’t for a little while now. – yeah it’s
been rough… I use to think that crypto was the future of money but now that
our deer old government uses futures to fix the price of crypto just like silver
gold and all other commodities we no longer have real value! Until the dollar
fails or until we have an honest one to one exchange we will never really know
what the value of what should of been the future of money will actually be. –
Academic research has shown that vibrant and liquid deriv markets lead to price
stability. I think that can do the space some good. negative downward
movement for months even years and more talk of stifling regulation. – I believe
this will gradually lax up. Smile at change Unsubscribe - Unsubscribe
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