When’s the right time

[Bytom]

When’s the right time

CoinMarketCap Daily Newsletter Now “Be not afraid of
growing slowly, be afraid only of standing still.” – Chinese Proverb Day 4 of
the week, it's 10/10. Stay on that grind you guys! Time for some juice
crypto newsss hot off the press. Today in history (1928), Chiang Kai-
shek became the Chairman of the Republic of China. We will be covering
BitGo to provide custody for crypto assets under Bitstamp
management, OpenLibra planning to launch permissionless
fork of Facebook’s stablecoin and Vanguard developing a
blockchain platform for the forex market. Today, we also have our
weekly 'Thursday think tank' section, courtesy of our friends over at Flipside
Crypto! 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 last 24 hours, we got to see a slight market rally! Total
market capitalization rose from ~$223.6 billion to ~$231.5
billion, with most coins seeing gains in the ~2-7% range. Notable mover of the
day is Maker (MKR), currently up ~13.5%. 24-hour volume registered ~$68.7
billion. BTC is currently trading at ~$8,590, up ~4.7% over
yesterday. at the same level it was at yesterday. On the daily chart, BTC
is currently challenging its 100-day EMA line of resistance, and RSI is at ~45,
up from yesterday's ~35. On the weekly chart, BTC bounced off its 50-EMA line
and is currently trading between its 21 and 50-EMA line. BitGo, a
digital asset financial services business, will be offering safe storage in
bank-grade vaults for cryptocurrency assets under leading
cryptocurrency exchange Bitstamp's management. David Osojnik,
Bitstamp CTO, expressed confidence that BitGo's "exclusive focus on
institutional services has allowed them to develop the tech and processes
necessary for running a robust and compliant cryptocurrency
exchange". BitGo has also started a new staking service for clients
parking their assets with its professional custodian subsidiary, BitGo Trust. At
the recent Ethereum developer conference Devcon 5, Blockchain
infrastructure startup Wireline's co-founder Lucas Geiger revealed a
permissionless fork of Facebook's Libra stablecoin, OpenLibra. OpenLibra
is set to be the "alternative to Facebook's Libra, that places emphasis on open
governance and economic decentralization". OpenLibra's developers have
already released the first version of a permissionless Libra-based virtual
machine, dubbed MoveMint on GitHub. Vanguard has teamed up with a Nasdaq
Ventures-backed blockchain startup, Symbiont, to produce a trading
platform for the currency market. Through this development,
Vanguard aims to "lower transaction costs for the trillions of dollars worth of
currencies it trades annually by boosting peer-to-peer trading for investors" by
"connecting them directly via blockchain technology". According to
Symbiont CEO, Mark Smith, Symbiont is "the only enterprise blockchain solution"
as "the others either aren’t really blockchains, have privacy and security
shortcomings or haven’t produced anything beyond ideas". The startup is known
to be one of the most successful among its competitors like Hyperledger and
Digital Asset in the enterprise blockchain space. API stands for Application
Programming Interface. It is a set of routines, protocols, and tools for
building software applications. APIs specify how software components should
interact, such as what data to use and what actions should be taken. 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)! Who knows what the next
year could hold? IF you've got some free time the 2nd week of November... IF
you've contemplated going... Why not head down to The Capital? Join us in
Singapore, for a one-of-a-kind crypto conference created especially for
you. Because, who knows what you'll be up to in the future, or where in
the world you'll be next year? #WhyNot #TheCapital Bitmain has announced 2 new
series 17 Bitcoin (BTC) mining rigs. The U.S. Internal Revenue Service (IRS)
has released guidance for tax reporting on cryptocurrency airdrops and hard
forks. Crypto exchange Binance has opened up to peer-to-peer (P2P)
cryptocurrency transactions in China that accepts fiat through Alipay and
WeChat. 13 Oct - U.S. SEC's decision on the Bitwise Asset Management's
Bitcoin ETF application, under the NYSE Arca exchange (final decision) TBA -
Justin Sun's lunch with Warren Buffett Rate on a scale of 1-10 (10 being most
keen), "Crypto mining is something I would like to explore". "How much do
you agree with this statement: "I believe that allowing people to
donate in crypto will result in overall more donations.""
The average vote was 6.9. "Why do you think so?" i think it will... the
crypto community will contribute in a big way for any good cause. – We r
nice ppl. I tip online – Lol, does that mean you’re a bad tipper in person?
Donations are more about the state of mind, not assets type. – Well
true. But we are talking about the proclivity of increased donations through a
different medium, possibly cause it’s easier to donate.
I Mean Most Certainly It Will, Your Opening A New Channel Of Revenue And Not
Changing Anything Else So What Ever Contributions You Receive Will Be Also Added
With Crypto, But If Your Asking Would The Ability To Donate In
Crypto Cause People Who Wouldn't Normally Donate In
Cash/Credit/Check etc... To Donate With Crypto & I Believe Yes
Because When You Have An Easier Way To Donate With Just A Click It Of A
Button, It Will Cause The Group Of People Who Want To Donate But
Aren't Willing To Cause They Are Lazy To, They Now Can Just Click A Button And
Donate Without Pulling Out A Card And Filling Out Other Info. Plus It
Could Potentially Cause These Charities To Raise More Money Because Of
The Volatility Of The Market And Different Coins. If The Market Sees Rapid
Growth Then These Charities Can Make More, Its Like Charities Investing Which
Maybe Soon A Lot Of Different Companies May Start Investing When That Wouldn't
Normally Be Apart Of There Business. - Well said! I hope so, but
people dislike spending crypto, thus adaption is slower,
personally I think with NZ recently passing a law that always to receive part of
salary in crypto it will happen that people donate and use
crypto, or at least I think and hope that happens, a lot of people
waiting for BTC to hit some crazy high price before they want to use it. - Hmm
don't think this is true. The transactional volume has been steadily increasing
for BTC. Crypto is the future and donations will be embraced by a wider
audience – I agree. People are generous (or not) no matter what the currency –
Yeah, but imo it’s easier to donate via crypto People with crypto are more
progressive than those that do. – For the most part, yea. We r a wild bunch
Now now now! Unsubscribe - Unsubscribe Preferences