📰 CoinSheet - Nov 02, 2017 📰
QUOTE OF THE DAY
“A diplomat is a man who always remembers a woman’s birthday but never remembers her age.”
—Robert Frost.
COIN BULLETIN
Bitcoin Cash Developers Set Date for November Hard Fork
The fork will attempt to reverse a piece of code, called the emergency difficulty adjustment (EDA) rule, meant to help bitcoin cash better attract miners willing to secure its blockchain.
The fork is to be activated on November 13.
You can read more about this here.
EU Government Pegs Blockchain as Beneficiary of €30 Billion Research Fund
CoinDesk reports that the European Commission has announced €30 billion on new investments in technology initiatives including those involving blockchain.
The funding would come through the Horizon 2020 initiative, which to date has been supported by €77 billion in public funding.
While it is still not exactly sure how the funds will be spent, we can be sure that they will be spent.
You can read more about this here.
What Else Is Going On?
Australian Central Bank: Regulating blockchain protocols 'unlikely to be effective.'
Banks form for-profit entity for blockchain supply chain.
U.S. Department of Energy is exploring blockchain tech in managing next-generation power grids.
IC3 Blockchain initiative expands research team to Europe.
Crypto Funny
THINGS I LIKE
Fake It Till You Make It
Our favorite crypto conspiracy theorist BitCrypto’ed writes about when Bitfinex themselves used to spoof their entire orderbook.
Check out his article here.
MARKET SENTIMENT
Technical Signals
My Current Sentiment: Bullish.
Daily Number Indicator
Bitcoin
This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.
Ethereum
This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.
Litecoin
This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.
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