Andreessen Horowitz now has a free crypto school
“The roots of education are
bitter, but the fruit is sweet.” - Aristotle In today's newsletter, we will be
covering: Total Market Cap: ~$195.6 billion (~1.0%) BTC Price: ~$7,210
(~1.0%) 24-Hour Volume: ~$57.6 billion (~2.0%) BTC Dominance: ~66.7% (~0%)
Notable movers: Waves (WAVES) (~17%) BTC is currently trading at ~$7,210,
down ~1.0% over yesterday. On the daily chart, BTC is still trading below
its 21-, 50- and 100-day EMA support lines, and failed to break through its
100-day EMA line yesterday. RSI is at ~37, indicative of moderate bearish
momentum. BTC is still trading within its lower highs and lower lows
trading pattern/ channel/ zone it has been trading within since late June this
year.
Venture capital company Andreessen Horowitz (a16z) has shared a
list of instructors for its free, 7-week cryptocurrency startup school
scheduled for launch in February 2020. Experienced investors, entrepreneurs,
builders and experts in the blockchain and cryptocurrency field
would teach students by sharing lessons learnt, introducing new project ideas,
and by sharing the essential information to help them get started. Instructors
include leading entrepreneurs and technologists like CEO and Co-Founder of
Coinbase Brian Armstrong, professor of computer science at Stanford University
Dan Boneh, general partner at Andreesson Horowitz Chris Dixon, and more. The
company has previously mentioned that it will not collect payments from
students as it wants to hasten the development of existing blockchain-focused
projects and to encourage more talent to join the industry.
Faith in Bitcoin 
Paris-based asset management company Napoleon AM recently announced the
launch of a regulated Bitcoin (BTC) fund, dubbed the "Napoleon BTC Fund".
Created on 8 Nov, the fund is a specialized professional fund under French law,
and is one of the 1st regulated vehicles giving exposure to BTC's price
movements. The fund aims to offer portfolio diversification to institutional
and professional investors, and to replicate the performance of futures that are
listed on the Chicago Mercantile Exchange in cash settlement. The company
believes that BTC is especially unique with its high volatility, unusually
biased performance in favor of positive returns and a low correlation to old-
school assets, making it "suitable to diversify portfolios to optimize
risk/return ratios."
London-based cryptocurrency compliance company,
Elliptic, has launched a new tool that lets banks work more closely with
cryptocurrency exchanges, dubbed "Elliptic Discovery". The tool
collects comprehensive profiles of over 200 global cryptocurrency
exchanges to allow banks to better manage risks linked to cryptocurrency
transactions. Designed for banks and based on Elliptic's data collected since
2013, the tool offers compliance teams with key insights to discern the flows of
funds on cryptocurrency assets and assess risks including money laundering.
CEO and Co-Founder of Elliptic James Smith explained that the new tool addresses
the current lack of visibility into the cryptocurrency-asset ecosystem by
banking institutions, a problem that causes "zero tolerance" to the new asset
class and "frustrated customers." At the recent Elev8CON, Majority Leader of the
California State Assembly Ian Calderon talked about plans to bring more legal
certainty for blockchain technology to the State of California.
Twitter and
Square CEO Jack Dorsey announced plans to back an independent team “of up to
five open source architects, engineers, and designers to develop an open and
decentralized standard for social media.”
Former Director of the Digital
Currency Research Institute at the People's Bank of China (PBoC) Yao Qian is
reportedly heading a new technology supervision division set up by China's
securities regulator.
Our friends over at Flipside Crypto have
produced data revealing the most under- and overvalued coins for the week!
The scores you see below refer to the ratio of each coin's current FCAS rating
to its current market capitalization, both standardized to a 1000-point scale. A
score above 1 reflects an undervalued coin, and a score below 1 indicates an
overvalued asset! Hold your horses! Before you go ahead and jump right into
investing, always remember to first D.Y.O.R (Do your own research)! TBA
- Justin Sun's lunch with Warren Buffett "How much do you agree with this
statement: "Crypto investing is more appealing to me than traditional
investing."" The average vote was 7.8. 49.2% of y'all voted a '10'! I am a
short term trader/holder. I trade some 60 different coins. When coins go up I
sell some, when they go down I buy more back. Having been a chart reader for
over 30 years I love the volatility of crypto. I came from the commodity market,
now 100% crypto. – That’s insane! 60?! Surely you must have some crazy focus to
be able to do that. Keep feeding your
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“The roots of education are
bitter, but the fruit is sweet.” - Aristotle In today's newsletter, we will be
covering: Total Market Cap: ~$195.6 billion (~1.0%) BTC Price: ~$7,210
(~1.0%) 24-Hour Volume: ~$57.6 billion (~2.0%) BTC Dominance: ~66.7% (~0%)
Notable movers: Waves (WAVES) (~17%) BTC is currently trading at ~$7,210,
down ~1.0% over yesterday. On the daily chart, BTC is still trading below
its 21-, 50- and 100-day EMA support lines, and failed to break through its
100-day EMA line yesterday. RSI is at ~37, indicative of moderate bearish
momentum. BTC is still trading within its lower highs and lower lows
trading pattern/ channel/ zone it has been trading within since late June this
year.
Venture capital company Andreessen Horowitz (a16z) has shared alist of instructors for its free, 7-week cryptocurrency startup school
scheduled for launch in February 2020. Experienced investors, entrepreneurs,
builders and experts in the blockchain and cryptocurrency field
would teach students by sharing lessons learnt, introducing new project ideas,
and by sharing the essential information to help them get started. Instructors
include leading entrepreneurs and technologists like CEO and Co-Founder of
Coinbase Brian Armstrong, professor of computer science at Stanford University
Dan Boneh, general partner at Andreesson Horowitz Chris Dixon, and more. The
company has previously mentioned that it will not collect payments from
students as it wants to hasten the development of existing blockchain-focused
projects and to encourage more talent to join the industry.
Faith in Bitcoin Paris-based asset management company Napoleon AM recently announced the
launch of a regulated Bitcoin (BTC) fund, dubbed the "Napoleon BTC Fund".
Created on 8 Nov, the fund is a specialized professional fund under French law,
and is one of the 1st regulated vehicles giving exposure to BTC's price
movements. The fund aims to offer portfolio diversification to institutional
and professional investors, and to replicate the performance of futures that are
listed on the Chicago Mercantile Exchange in cash settlement. The company
believes that BTC is especially unique with its high volatility, unusually
biased performance in favor of positive returns and a low correlation to old-
school assets, making it "suitable to diversify portfolios to optimize
risk/return ratios."
London-based cryptocurrency compliance company,Elliptic, has launched a new tool that lets banks work more closely with
cryptocurrency exchanges, dubbed "Elliptic Discovery". The tool
collects comprehensive profiles of over 200 global cryptocurrency
exchanges to allow banks to better manage risks linked to cryptocurrency
transactions. Designed for banks and based on Elliptic's data collected since
2013, the tool offers compliance teams with key insights to discern the flows of
funds on cryptocurrency assets and assess risks including money laundering.
CEO and Co-Founder of Elliptic James Smith explained that the new tool addresses
the current lack of visibility into the cryptocurrency-asset ecosystem by
banking institutions, a problem that causes "zero tolerance" to the new asset
class and "frustrated customers." At the recent Elev8CON, Majority Leader of the
California State Assembly Ian Calderon talked about plans to bring more legal
certainty for blockchain technology to the State of California.
Twitter andSquare CEO Jack Dorsey announced plans to back an independent team “of up to
five open source architects, engineers, and designers to develop an open and
decentralized standard for social media.”
Former Director of the DigitalCurrency Research Institute at the People's Bank of China (PBoC) Yao Qian is
reportedly heading a new technology supervision division set up by China's
securities regulator.
Our friends over at Flipside Crypto haveproduced data revealing the most under- and overvalued coins for the week!
The scores you see below refer to the ratio of each coin's current FCAS rating
to its current market capitalization, both standardized to a 1000-point scale. A
score above 1 reflects an undervalued coin, and a score below 1 indicates an
overvalued asset! Hold your horses! Before you go ahead and jump right into
investing, always remember to first D.Y.O.R (Do your own research)! TBA
- Justin Sun's lunch with Warren Buffett "How much do you agree with this
statement: "Crypto investing is more appealing to me than traditional
investing."" The average vote was 7.8. 49.2% of y'all voted a '10'! I am a
short term trader/holder. I trade some 60 different coins. When coins go up I
sell some, when they go down I buy more back. Having been a chart reader for
over 30 years I love the volatility of crypto. I came from the commodity market,
now 100% crypto. – That’s insane! 60?! Surely you must have some crazy focus to
be able to do that. Keep feeding your
Unsubscribe - Unsubscribe Preferences