Everyday, I bring you the most important CryptoNews so you can stay updated with the latest developments.
- 'A Real Bubble': Billionaire Warren Buffett Doubles Down on Bitcoin Doub
- Ethereum Gold Token Shows Why No One Should Create Value out of Thin Air
- Segwit2x Developer Says November Hard Fork is Full Steam Ahead
- 5 Cities That Let You Buy Real Estate with Bitcoin
- National Bank of Kazakhstan Proposes to Restrict the Exchange and Mining of Cryptocurrencies
- BTC Trading Update by @cryptopassion
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π 'A Real Bubble': Billionaire Warren Buffett Doubles Down on Bitcoin Doub
"People get excited from big price movements, and Wall Street accommodates," he was quoted as saying. Describing bitcoin as a "real bubble," according to the publication, Buffett also criticized the idea of applying a value to bitcoin.
He told attendees:
"You canβt value bitcoin because itβs not a value-producing asset."
Read more & Source: https://www.coindesk.com/real-bubble-billionaire-warren-buffett-doubles-bitcoin-doubt/
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π Ethereum Gold Token Shows Why No One Should Create Value out of Thin Air
The creation of Bitcoin Gold has caused an interesting shockwave in the cryptocurrency industry. A lot of people converted altcoins back to bitcoins to ensure they could partake in this βairdropβ. It seems someone took it upon themselves to create an Ethereum Gold token as well, even though its purpose remains rather uncertain. So far, these tokens are valued at US$0.08 each, although no one can explain why.
Read more & Source: https://themerkle.com/ethereum-gold-token-shows-why-no-one-should-create-value-out-of-thin-air/
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π Segwit2x Developer Says November Hard Fork is Full Steam Ahead
The Segwit2x working group has been quiet lately, but now it seems the development wheels are turning once again. On Wednesday, October 25 the lead developer of the Segwit2x (BTC1) working group, Jeff Garzik, addressed the public with a status update. According to Garzik, everything is βstill full steam ahead for Segwit2x upgradeβ scheduled for mid-November.
βTo state the obvious, everything is still full steam ahead for the Segwit2x upgrade in mid-November.β
Read more & Source: https://news.bitcoin.com/segwit2x-developer-says-november-hard-fork-is-full-steam-ahead/
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π 5 Cities That Let You Buy Real Estate with Bitcoin
Some industries, including real estate, are capitalizing on this emerging trend by letting clients buy property via Bitcoin. Itβs a significant departure from tradition, but itβs one that is quickly gaining momentum.
1. Miam, Florida
2. Dubai, UAE
3. New-York
4. Lake Tahoe, California
5. Bali, Indonesia
Read more & Source : https://cointelegraph.com/news/5-cities-that-let-you-buy-real-estate-with-bitcoin
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π National Bank of Kazakhstan Proposes to Restrict the Exchange and Mining of Cryptocurrencies
The central bank of Kazakhstan has submitted proposals to its government to restrict some cryptocurrency-related activities. However, the bankβs chairman admitted that he does not fully understand what cryptocurrency is. Experts also weighed in on the feasibility of banning crypto mining in the country.
Read more & Source : https://news.bitcoin.com/national-bank-of-kazakhstan-restrict-exchange-mining-cryptocurrencies/
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BTC Trading Update by @cryptopassion
We will have in the coming minutes a break out on the BTC. Here is the chart from my trading platform Bitfinex:
As always no one can be sure of the direction that we will take but we will have for sure a break out.
So wait the start of the break out (be sure it is not a head fake), enter your position by following the trend and sold your position some minutes later with I hope a nice profit.
I will try to share with you later how I took this trade if it was possible to take it.
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π Daily Crypto News, October 26th π°
π Daily Crypto News, October 25th π°
βπ Daily Crypto News, October 24th π°
βπ Daily Crypto News, October 23rd π°
βπ Daily Crypto News, October 22nd π°
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Great crypto news and analysis shared buddy. It indeed provides us an overall insight into the latest crypto news. Hope bitcoin will touch the moon one day and make all of us laugh aloud :) . Upvoted and following u as always.
Regards Nainaz
#thealliance
Hello my dear !
Thank you for the comment. Hopefully you will be right but I am more cautious on Bitcoin in the short term.
Cheers !
I have been reading your posts daily but its been so hard this past week to comment with Steem being as it has been
I know and you know that I like your Daily comments :).
Thank you for following the Daily Crypto News !
a pleasure to follow
Agree it's not a value-producing asset in terms of paying a dividend or similar - rather like gold...
I like STEEM precisely because it does do this - you grow volume as well as price
And you invest in a social platform that might end up being a business !
I certainly am looking at it as one of my 'non-work' revenue streams that will allow me to stop real work
Very informative, thanks a lot! With the way the markets have been lately it gives a person the idea that cryptos have stagnated or that they may be dying, but there is a lot of work and progress going on behind the scenes that will eventually fire a new round of gains. It is good to get some news about some of these things that are taking place so that we don't get too discouraged or depressed. This has been an amazing time for those with some money to invest with prices being so suppressed, there are a lot of cryptos out there that are way undervalued.
Thank you for commenting and giving your thoughtful insight.I can only agree with you @deaconlee.
Thanks for the post and very nice
Awesome Post !
Your post has been resteemed to my 1994 followers
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Resteemit it to my wall, thanks :)
Thank you !