Right in the feels

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Your daily newsletter for 9 October, 2019

Feel

“The best and most beautiful things in the world cannot be seen or even touched - they must be felt with the heart.”

– Helen Keller

Happy Wednesday, dear CoinMarketCap-ers! I hope you're all having a fantastic week so far. To those who are not, remember to tie a knot and hang on, for the weekend is nigh! 😄

 

 

Today in history (1446), Korea's Hangul alphabet was published. 🇰🇷

 

 

We will be covering UNICEF launching a cryptocurrency fund to back open source technology, Casa releasing a new version of its Bitcoin full node Casa Node 2 and China Merchants Bank’s latest crypto partnership that includes an STO investment.

 

 

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! 📚

Slow day 🐌

 

 

Over the last 24 hours, total market capitalization stayed within a tight range of ~$220.9 billion and ~$223.6 billion, with most coins either seeing gains or losses in the ~1-3% range. Notable mover of the day is Chainlink (LINK), currently up ~17.1%. 24-hour volume registered ~$52 billion.

 

 

BTC is currently trading at ~$8,250, at the same level it was at yesterday. Consolidation at these levels continue. On the daily chart, RSI is at ~35, still indicative of significant bearish momentum. The MACD line has also crossed to the upside of the signal line.   👀

Total Market Capitalizations

For the kids 👩‍👧‍👧

 

 

The United Nations Children's Fund (UNICEF) has started a cryptocurrency fund that will manage Bitcoin (BTC) and Ethereum (ETH) donations in a bid to support open source technology for children worldwide. 

 

The first contribution comes in the form of 100 ETH from the Ethereum Foundation, and marks a combined effort between the Foundation and UNICEF to boost "access to basic needs, rights, and resources".

 

Earlier this year, UNICEF was in discussions with the Kyrgyzstan government to use blockchain and offer schools internet access through the Project Connect movement. 🗾

Ver 2 🎉

 

 

Casa, a New York-based cryptocurrency custody startup, has launched Casa Node 2, a new form of the widely adopted pre-synced Bitcoin (BTC) full node product. 

 

The new Node 2 delivers a speedier and smoother BTC and Lightning experience by using a faster processor on Raspberry Pi 4, together with a 1TB solid state drive (SSD) and 4GB RAM. 💨

 

Casa has also announced a new model of its native node program, NodeOS. After the update, the Casa Node 2 will run BTCPayServer, a leading open-source BTC payments processor.

China is in 🇨🇳

 

 

The Hong Kong-based China Merchants Bank International (CMBI) is contributing to the Nervos Network security token offering (STO), cementing the Chinese government's indirect participation in the offering. 

 

A prior report showed that CMBI was investing in the STO to "build an open platform and a new investment bank". This is the CMBI's second time investing in Nervos tokens, with the first being back in a 2018 fundraising. 

 

In the meantime, crypto exchange Huobi is working with the Nervos Foundation to produce a decentralized finance (DeFi) platform to support easier capital flows among cryptocurrencies.

Blockchain term of the day 🤓 - Solidity

 

The programming language used by Ethereum for developing smart contracts.

Special announcement 📢 - CoinMarketCap 'The Capital' Global Conference

 
 

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

Other news 📰

 

  • The Swiss National Bank (SNB) has agreed to explore central bank digital currencies (CBDC) at the new Bank for International Settlements' (BIS) new Innovation Hub Centre. 🏦

  • Messaging app Telegram finally goes public with its role in the Telegram Open Network (TON). 🚪

  • Sanae Takaichi, Japan's internal affairs minister, revealed that cryptocurrency donations to political parties in the country is legal and need not be disclosed. ⚖️

Crypto calendar  📅

 

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

What's up in the markets

Bitcoin Dominance

Daily Top 10

Greatest Crypto Gainers

Greatest Crypto Loses

New on CoinMarketCap

Poll of the Day

How much do you agree with this statement: "I believe that allowing people to donate in crypto will result in overall more donations."

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Why do you think so? Share with me in the polls! 😆 

What you said

"How much do you agree with this statement: "Governments are starting to open up to crypto.""

 

 

The average vote was 7.3. 30% of y'all voted a '10'.

"Why or why not?"

 

 

 

here is no alternative. – There will always be another alternative haha. 😄

 

 

Yes some are and some others will in time my belief is all will by the end of 2021 – Let’s hope so! 🙏

 

 

I personally think those who adapt and use it for good will be top of the food chain{superpowers} in the next 30 odd years. the beauty of blockchain is, it makes the world a much easier place, information and doing business much easier. Unfortunately though, politicians aren't honest folk. So in a lot of countries, depending on who in the driving seat, implementation won't be a walk in park. And I'm not talking blockchain just a digital currency, referring to other wonderful uses of the blockchain. – Yeah, there’s def an incentive to being an early mover in any industry. Hmm, but I think govts are pro-blockchain, just not the permission-less forms of them. 🤔

 

 

The us government created bitcoin – That would be some sick plot twist 😂

 

 

Follow the light out of the cave ! – First some have to see the light. 👀

 

 

They all wanna be part of the unstoppable revolution! – Aren’t you already glad to be a part of it? 😄

 

 

Keyword = starting. Yes, but in varying degrees. Lichtenstein gets an A+! Malta and Switzerland get an A, Japan a B+, Many EU nations and the UK get a C, India a C-, and the US a D- (Thanks to Wyoming and New Jersey keeping it from being an F). – Hahaha the last part made me chuckle. 😂

 

 

I agree . If one looks at the governments that implemented their www ( internet) laws and protocols first, those are the ones that are adopting swiftly . The realization has set in that Crypto / blockchain is here to stay has definitely dawned upon them . Remember they have an annual budget and this will only gain a slow momentum initially however there is no doubt it will start moving faster over the next three years . – Does make sense… 🤔

 

 

They have to open up. Since Facebook introduced their Libra they have to regulate crypto before it get launced. That Libra thing scared the shit of them haha. – Certainly lit a fire under their butts and let them know that the threat is real. 😂

 

 

time does not stand still for anybody! – Preachhh 🗣️

 

 

Well, they acknowledge the existence of cryptocurrency. The one thing Libra is good for. – Hhahaahahahahah, dang that’s a good one.  😂

 

 

Banks want their expensive fees and will payoff government officials like the SEC to keep it that way – Lol trueee.

 

 

They're gonna do more than "open up to it". If governments cant have some control over the wealth, quite frankly, they will fight any and everybody to get it! – They’ll def find a way to get a slice of that pie. 🤑

 

 

They need the tax revenue – If it were up to me, I would do what the French govt intends to do – not tax crypto-to-crypto trades, and not tax when crypto is sold for fiat. 👍

Thank you all for reading! Catch you back here again tomorrow for your daily dose of crypto news! 💙

See you again tomorrow!

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