📰 CoinSheet - Nov 10, 2017 📰
📰 CoinSheet - Nov 10, 2017 📰
QUOTE OF THE DAY
“The difference between the right word and the almost right word is the difference between lightning and a lightning bug.”
—Mark Twain.
COIN BULLETIN
The World’s Largest FX Exchange Hopes to Tame Bitcoin Volatility
The Chicago Mercantile Exchange & Chicago Board of Trade otherwise known as CME Group announced its bitcoin futures specs this week.
You can read the contract specifications from CME Group here.
You can also read more about this story from Bitcoin News.
Secret Service Agent Gets Extra Jail Time Over Theft of Silk Road Bitcoin
According to CoinDesk, a former U.S. Secret Service agent has been sentenced to an additional prison term on charges associated with his theft of bitcoin seized from now-defunct dark market Silk Road.
Take that buddy.
What Else Is Going On?
Ethereum's security lead says a hard fork is required to release frozen Parity funds.
Trezor's statement on SegWit2X hard fork.
Ledger statement on SegWit2X hard fork.
Shell, BP among energy giants to back blockchain trading platform.
THINGS I LIKE
The REAL Reason Bitcoin Price Is Skyrocketing
Miguel Cuneta writes about why he thinks the price of bitcoin is skyrocketing.
TL;DR:
The law of supply and demand
Utility + Scarcity = Value
A hedge against financial crises
Speculation
Bitcoin has become a global reserve cryptocurrency
You can check out his article here.
MARKET SENTIMENT
Technical Signals
My Current Sentiment: Neutral.
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.
Join The Discussion
You can find me on Twitter at @coinsheets
And here's an invite to our Discord: https://discord.gg/UTp6bCU
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