Venezuela President touts Trezor wallet on national TV
CoinMarketCap Daily
Newsletter Progress “I was taught that the way of progress was neither
swift nor easy.” – Marie Curie And that's week 1 of November down. Good job
y'all! Enjoy your weekend!
Today in history (1895), Wilhem Rontgen stumbled
upon the X-ray while experimenting with electricity. In today's newsletter, we
will be covering the FTC commissioner citing Libra in support of Fed’s real-time
payment system, Venezuela President Maduro touting the
Trezor Bitcoin wallet on national TV and Max Keiser saying
that Bitcoin's 'self-settlement' is a revolution against dollar. We will
also be covering VeChain (VET) in our weekly deep dive. Please do not forget
to answer the polls down below too! It's a great way to interact with you and
hear what you have to say.
Happy reading! 
Over the past 24 hours, total
market capitalization slid back again for the second consecutive day from
~$248.6 billion to ~$247.9 billion, with most coins seeing losses in the
~1-2% range. 24-hour volume registered ~$76.7 billion. Notable mover of the day
is Maker (MKR), currently up ~14.2% for the day. BTC is currently
trading at ~$9,200, down ~1% over yesterday. On the daily chart, BTC is
still holding above its 21-, 50- and 100-day EMA support lines, and RSI is at
~55.6. BTC's 21-day EMA line has also crossed to the upside of its 50-day EMA
line. However, the MACD line has formed an inflection point and seems to be
heading towards crossing to the downside of its signal line. BTC continues to be
trading within its lower highs and lower lows trading pattern it
has been trading within since late June this year.
On a scale of 1-10, how
excited are you for CoinMarketCap's "The Capital" Global Conference next week?
Why do you say so? Share with me in the polls! Federal Trade Commission
(FTC) commissioner Rohit Chopra recently penned a letter to the Federal
Reserve, backing the potential development of a potential high-speed
real-time payments system the group is currently examining, dubbed the
"FedNow Service". He believes that the Facebook's Libra project should be
sufficient motivation for the Federal Reserve to launch a real-time
payments systems.
He commented that he need for the development of a
public sector solution to the existing payments system as Facebook's
Libra's "emergence underscores the appetite for real-time payments and the
urgency of intervention by the Federal Reserve". Chopra also highlighted the
apparent demand for fast payments, highlighting the "pent-up frustration" hefty
bank fees brought and how "other real-time technologies" have been quickly
spreading. FedNow Service will not be live till 2024. On 6 Nov, Venezuela
President Nicolas Maduro made an appearance on state-run television
station Venezuelan Television Corporation (VTV) holding a cryptocurrency
hardware storage device created by leading wallet supplier Trezor.
Maduro was seen to meet a company that reportedly introduced themselves
as Trezor in Venezuela's representatives.
However, following the
reports of this on social media, the official Trezor account on Twitter
denied the information that the company featured on VTV is formally connected to
Trezor, and said it was unaware of the representatives. Trezor
has since released an official statement to confirm that Trezor and Satoshilabs
were not present for Maduro's cryptocurrency fair on 6 Nov, and explained
that Trezorvenezuela was an Trezor's authorised reseller (based on a Q3 2018
mutual agreement) before the company removed them from the list due to
inactivity. In the latest episode of Keiser Report, RT host Max Keiser
remarked that the cryptocurrency wins against fiat currency and gold as
it does not require settlement since its transaction and settlement are
"inseparable from one another". As quoted, BTC is uniquely "self-settling";
shifting BTC means updating a ledger, translating to immediate settlement whilst
miners confirm transactions.
At the same time, Keiser put down U.S.
congressman Brad Sherman, the infamous BTC critic who continues to argue to ban
cryptocurrency, explaining that Sherman is "going to a gunfight with a
knife", and "doesn't understand he's already lost". A marketing campaign that
distributes a specific cryptocurrency or token to an audience. It is
usually initiated by the creator of a cryptocurrency in order to encourage use
and build popularity of the coin or token. Most airdrop campaigns run with
mechanics such as receiving coins or tokens in exchange for simple tasks like
sharing news, referring friends, or downloading an app. Here are 5 Reasons to
Attend The Capital Get full access here! The Chinese central bank, the
People's Bank of China (PBoC), is advertising the use of blockchain to solve
asymmetries in trade finance and offer trade legitimacy.
Pro-cryptocurrency
Silvergate Bank's shares were launched for trading on the New York Stock
Exchange on 7 Nov.
BTC miners say that basement rigs will be eliminated with
more profits in the future.
TBA - Justin Sun's lunch with Warren Buffett
"How much do you agree with this statement: "EOS (EOS) will be the top protocol
coin by 2025."" The average vote was 4.6. 24.4% of y'all voted a '1'. Long
run for sure cause buying a doughnut with bitcoin might not work out right –
Gonna be tough for it to be a transactional currency imo. Think we can use other
coins for that. Don't you love progress? Unsubscribe - Unsubscribe Preferences
CoinMarketCap Daily
Newsletter Progress “I was taught that the way of progress was neither
swift nor easy.” – Marie Curie And that's week 1 of November down. Good job
y'all! Enjoy your weekend!
Today in history (1895), Wilhem Rontgen stumbledupon the X-ray while experimenting with electricity. In today's newsletter, we
will be covering the FTC commissioner citing Libra in support of Fed’s real-time
payment system, Venezuela President Maduro touting the
Trezor Bitcoin wallet on national TV and Max Keiser saying
that Bitcoin's 'self-settlement' is a revolution against dollar. We will
also be covering VeChain (VET) in our weekly deep dive. Please do not forget
to answer the polls down below too! It's a great way to interact with you and
hear what you have to say.
Happy reading! Over the past 24 hours, totalmarket capitalization slid back again for the second consecutive day from
~$248.6 billion to ~$247.9 billion, with most coins seeing losses in the
~1-2% range. 24-hour volume registered ~$76.7 billion. Notable mover of the day
is Maker (MKR), currently up ~14.2% for the day. BTC is currently
trading at ~$9,200, down ~1% over yesterday. On the daily chart, BTC is
still holding above its 21-, 50- and 100-day EMA support lines, and RSI is at
~55.6. BTC's 21-day EMA line has also crossed to the upside of its 50-day EMA
line. However, the MACD line has formed an inflection point and seems to be
heading towards crossing to the downside of its signal line. BTC continues to be
trading within its lower highs and lower lows trading pattern it
has been trading within since late June this year.
On a scale of 1-10, howexcited are you for CoinMarketCap's "The Capital" Global Conference next week?
Why do you say so? Share with me in the polls! Federal Trade Commission
(FTC) commissioner Rohit Chopra recently penned a letter to the Federal
Reserve, backing the potential development of a potential high-speed
real-time payments system the group is currently examining, dubbed the
"FedNow Service". He believes that the Facebook's Libra project should be
sufficient motivation for the Federal Reserve to launch a real-time
payments systems.
He commented that he need for the development of apublic sector solution to the existing payments system as Facebook's
Libra's "emergence underscores the appetite for real-time payments and the
urgency of intervention by the Federal Reserve". Chopra also highlighted the
apparent demand for fast payments, highlighting the "pent-up frustration" hefty
bank fees brought and how "other real-time technologies" have been quickly
spreading. FedNow Service will not be live till 2024. On 6 Nov, Venezuela
President Nicolas Maduro made an appearance on state-run television
station Venezuelan Television Corporation (VTV) holding a cryptocurrency
hardware storage device created by leading wallet supplier Trezor.
Maduro was seen to meet a company that reportedly introduced themselves
as Trezor in Venezuela's representatives.
However, following thereports of this on social media, the official Trezor account on Twitter
denied the information that the company featured on VTV is formally connected to
Trezor, and said it was unaware of the representatives. Trezor
has since released an official statement to confirm that Trezor and Satoshilabs
were not present for Maduro's cryptocurrency fair on 6 Nov, and explained
that Trezorvenezuela was an Trezor's authorised reseller (based on a Q3 2018
mutual agreement) before the company removed them from the list due to
inactivity. In the latest episode of Keiser Report, RT host Max Keiser
remarked that the cryptocurrency wins against fiat currency and gold as
it does not require settlement since its transaction and settlement are
"inseparable from one another". As quoted, BTC is uniquely "self-settling";
shifting BTC means updating a ledger, translating to immediate settlement whilst
miners confirm transactions.
At the same time, Keiser put down U.S.congressman Brad Sherman, the infamous BTC critic who continues to argue to ban
cryptocurrency, explaining that Sherman is "going to a gunfight with a
knife", and "doesn't understand he's already lost". A marketing campaign that
distributes a specific cryptocurrency or token to an audience. It is
usually initiated by the creator of a cryptocurrency in order to encourage use
and build popularity of the coin or token. Most airdrop campaigns run with
mechanics such as receiving coins or tokens in exchange for simple tasks like
sharing news, referring friends, or downloading an app. Here are 5 Reasons to
Attend The Capital Get full access here! The Chinese central bank, the
People's Bank of China (PBoC), is advertising the use of blockchain to solve
asymmetries in trade finance and offer trade legitimacy.
Pro-cryptocurrencySilvergate Bank's shares were launched for trading on the New York Stock
Exchange on 7 Nov.
BTC miners say that basement rigs will be eliminated withmore profits in the future.
TBA - Justin Sun's lunch with Warren Buffett"How much do you agree with this statement: "EOS (EOS) will be the top protocol
coin by 2025."" The average vote was 4.6. 24.4% of y'all voted a '1'. Long
run for sure cause buying a doughnut with bitcoin might not work out right –
Gonna be tough for it to be a transactional currency imo. Think we can use other
coins for that. Don't you love progress?
Unsubscribe - Unsubscribe Preferences