BTC is currently trading at ~$7,480, up ~0.8%over the weekend. Over the weekend, BTC mostly bounced within a tight range of ~$7,440 and ~$7,610.On the daily chart, BTC is still trading below its 21-, 50- and 100-day EMA support lines, but is currently contesting the 100-day EMA line. RSI is at ~43.6, indicative of moderate bearish momentum (although some bullish momentum has been picking up). The MACD line has also recently crossed to the upside of the signal line.
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. 👀
Poll of the Day
How much do you agree with this statement: "I am looking forward to ETH 2.0."
A crypto wallet built by developers at SpaceChain has been launched into the stratosphere on-board a Falcon 9 rocket on 7 Dec, becoming the first active Bitcoin (BTC) node on the International Space Station (ISS).
For SpaceChain, the launch is a step forward in its mission of forging a strong, decentralized blockchain infrastructure high above the Earth, beyond any country's jurisdiction and above the reach of physical hardware hacks. 🌎
The company regards its nodes as a "radical new way" to make cryptocurrency transactions more secure, and the wallet "will play a small but important part in that long-term goal." Upon installation by the astronauts aboard the ISS, the node will operate for around 1 year getting multi-signature transactions through the ISS data feed.
Ethereum has successfully implemented the "Istanbul" hard fork at block #9,069,000 in its 3rd systemwide upgrade in 2019. "Istanbul" is the Ethereum network's 8th hard fork overall with the first code changes approved in June 2019. 👍
The main issues addressed by Istanbul's 6 Ethereum Improvement Proposals (EIPs) are denial-of-service (DDoS) attack resilience (EIP 1344), interoperability with equihash-based proof-of-work (PoW) cryptocurrencies like Zcash (EIP 152) and gas costs (EIPs 1108, 2028, 2200).
The EIPs enabled lower gas costs so as to boost the blockchain's bandwidth and facilitate zero-knowledge privacy technologies like zk-SNARKs.
To better serve you 👐
Microsoft's blockchain-enabled cloud service Microsoft Azure announced new blockchain data and tokenization management services in a published post on the official Microsoft Azure blog on 6 Dec. 📝
The Azure Blockchain Tokens service seeks to simplify the "definition, creation and management of compliant tokens built to industry standards" and offers pre-built templates for common uses and hosts a gallery of templates created by partners that are anticipated to be added in the future.
Customers can now get an "end-to-end experience of easily creating and managing tokens for physical or digital assets via Azure Blockchain Tokens (preview)."
The blockchain data manager is a new Azure Blockchain Service feature meant to allow its users to capture, transform and decrypt blockchain ledger data (if encrypted), simplifying the "cumbersome task of integrating existing applications with data that sits on a blockchain ledger."
Other news 📰
Ethereum's Istanbul hard fork receives support from leading cryptocurrency exchanges after its successful update. 🙏
Mining with remote processing power rented from companies operating outfits in countries like Iceland, where the electricity is abundant and cost-efficient, and the ambient temperature is cold year-round. Another term for this is mining contract.
Crypto calendar 📅
TBA - Justin Sun's lunch with Warren Buffett
What you said
"How much do you agree with this statement: "I still enjoy reading this newsletter each day.""
The average vote was 7.9. 42.9% of y'all voted a '10'!
"Why or why not?"
It’s great – You’re great! Thank you for the support! 🙏🏻Clear, concise, all that's necessary, when your time poor it's what you need. – Glad it is of use to you! 😄I find there's good information, as I'm still learning about crypto. – Do continue reading! You’ll definitely learn much much more. 😄keeps me up to date – That’s the plan! 👍
It the highlight of my afternoon. (different time zone). it contains great information, and news that I sometimes miss on my newsfeed, the deep dives are informative and I enjoy reading the views of other community members in the polls, especially yesterdays and those on libra. Think the newsletter is a true unbiased source of info. Keep up the great work. To another 350! – Hey thank you so much for your kind words! Messages like these really push me to continue producing the best newsletter to my abilities. Appreciate ya, and cheers to the next 350! 🥂
just bloody interesting and i like to be informed of what is happening in this fascinating space! – Much love homie!This newsletter is awesome. It has a little bit of everything, and only takes a couple minutes to read. – I believe most people appreciate condensed + concise news! Ain’t nobody got time for lengthy reads. We all just want to know the essence of each news article, and if the article really intrigues you you can google for deeper dives + research. 🧐
I like the way you put the informations simply and clear. Please keep up the good work. – Cheers!the post are brief, and informative, Keep it up guys🙂 - Thank you for the support! 🙏🏻With time being a factor, the newsletter is one of my few yet trusted sources for pertinent news; keep it up peeps! – That means a great deal. Thank u! 😢
I am sometimes too busy and do not even look at it – That hurts L But yeah, I understand. There will always be those days…It's my daily dose of crypto, I can't leave my house without it!!! – Like a morning cuppa! ☕
Great source of information, to help us. – Thank you!a bit bored – Hmm, how would you like for it to be improved on? Do let me know in today’s polls! ✍️
I enjoy most reading what my peers have to say. – Who dis (:It is refreshing and informative. Thank you. - No, thank you!I get information – Glad it feeds that mind of yours! 😋
i look forward to it.. it is very informative & a good round up of thing going around from trusted reliable source.. keep writing it.. – Thank you! Much love! 💙
It keeps me informed at a quick glance. Thanks – Yup! That’s the aim!good info – Yay!not really – W.H.Y.It gives a great synopsis of crypto trends, and news related to it daily. – Hell yeah it is!good to help keep updated,always look out for this one - NiceeeeeIt’s one of my morning rituals . Coffee and coin market cap newsletter. I never miss reading it love it keep up the good work!!!!! – That’s so awesome to hear, you have no idea. So so thankful for your support! Please continue to lend me your eyes each day! 👀
it gets me inspired to continue building wealth in multiple forms, not just with crypto – Yes, you have to! Good to hear that you are taking steps towards doing so. I’m sure you will be financially free in due time! 💰
It gives me a nice summary quickly and keeps me up to date with the latest news – So happy to hear that!It's all good – Great!Yeah I've been reading this news letter everyday for a year 👀😁 it's my favorite. Please don't stop. Even on them bad days I enjoy it. – You’ve just made my day, and quite possibly my week. Truly appreciate the support you’ve shown. 🙏🏻dont wanna miss a thing... – Keep your eyes peeled for we are gonna be introducing some new awesome content for u all.Keeps me up to date on the crypto world. – That’s the plan!One Of THe Best Sources For Cyrpto Info In A Brief And Easy To Read Format! Keep It Up Dont Stop Please!! 👍📉📈💲 – Can’t stop, won’t stop.You guys rock! – No sir, you rock. Without your support, this newsletter wouldn’t be what it is today. ☺️
Keeps me up to date and well informed – Very pleased to hear it does (:Keep up the good work ! Happy 350th news-versary ! 😊 – Woohoo! Glad to have you on this special journey with me. 👊
Because it gives vivid and inspiring details on performance of bitcoin and other cryptocurrencies and tokens. – Cool! Gonna keep feeding you all the relevant info you need to make good crypto investment choices!It keeps me informed as to what is happening in the crypto world – Hope it keeps you sufficiently updated.I like it – Thank youuuIt is a great, all included info source - All in one – Just like the CoinMarketCap site 😉
concise info that is relevant! – Carefully curated pieces of news just for ya!But im happy to reading news – Glad it makes you happy!Your subjects are very entertaining and educational. – Hahaha you won’t believe how much of my brain power goes into writing this newsletter and trying to make sure you guys are adequately stimulated on a daily basis. 🧠
Thank you all for reading! Catch you back here again tomorrow for your daily dose of crypto news! 💙