Daily Cryptocurrencies & Blockchain Update, October 13th, 10:30:00 CET

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📬 Daily Cryptocurrencies & Blockchain Update, October 13th, 10:30:00 CET

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Bitcoin

🔼Bitcoin jumped to a fresh record high on Friday after breezing past the $5,000 mark on Thursday as the cryptocurrency rebounded after tumbling last month on increased scrutiny from regulators. Bitcoin rose as much as 7.4 per cent to a high of $5,846 in the Asia morning, according to Reuters data, before easing to $5,700. The cryptocurrency was in touching distance of $5,000 at the beginning of September before slipping below $3,000 on regulatory scrutiny from China. https://goo.gl/Wq1CVm

🔼 On Wednesday morning, the Bitcoin Core development team released a rare statement concerning the safety of Bitcoin users’ coins during the potential hard fork for Segwit2x, which is scheduled to occur in November. The developers state that the hard fork is not supported by the majority of the Bitcoin users and developers, which makes it contentious, and therefore puts many user's bitcoins at risk if they store them with the wrong services. “By adopting this hard fork,” the announcement states, “we believe the supporters of this agreement are shifting their users to an alternative currency (an altcoin) which is incompatible with Bitcoin.” https://goo.gl/1Xpg6e

📶 Technical Analysis: https://goo.gl/2fegde

Ethereum

🔼 Signs are beginning to show ethereum's next big upgrade might not be as smooth as expected. At press time, the parity client, maintained by U.K.-based Parity Technologies, and which supports roughly 25 percent of all ethereum nodes, has yet to release software that includes the protocol changes needed for the shift. The delays come at a time when most other major versions of the software have already published their releases ahead of Sunday's likely fork. https://goo.gl/KMw4aG

🔼 In the world of traditional investments cryptocurrencies are mounting a charge, as now Ether’s movement can be followed on Nasdaq Stockholm; this follows on from Bitcoin also finding a home there. The second biggest cryptocurrency by market cap was available on the Nasdaq via the trading of two new exchange-traded notes, or "ETNs." https://goo.gl/a5R14q

📶 Technical Analysis:https://goo.gl/P9BS8y

NEO

🔼 Canesin, founder of City of Zion, announced in the latest CoZ weekly development report a new project called Neon Meta Exchange (NEX). Neon Meta Exchange (NEX), is a decentralized exchange project, founded by four CoZ Council members – Canesin (Founder of CoZ), Ethan (Neon wallet creator), Luciano (NeoScan creator) and Fabian (fabwa).

📶 Technical Analysis:https://goo.gl/heQTNB

Ripple

🔼 "I think it's good that you have regulators intervening and stepping in, in countries around the world," Garlinghouse said - Ripple slowly becoming the government’s favourite crypto? https://goo.gl/AXzHXb

📶 Technical Analysis: https://goo.gl/AsmBqk

Upcoming ICOs

🆕 CopPay starts in 17 days https://coppay.io

🆕 Hydrominer starts in 6 days https://www.hydrominer.org

🆕 Paypie starts in 2 days https://www.paypie.com

🚩 Avoid Grow100x-btc.com

🚩 Avoid Myetherwailet.com

🚩 Avoid Bestbitcoin-generator.bid

Final Summary:

$170BN! Another monumental day for BTC. Topping $5800 in the asian session. Heading towards that target of $200BN total market cap before the end of year. ETH is starting to wake up to the fact that things are happening and the rest of the market seems reasonably flat with BTC now having 55% Dominance of the market which we have not had since May.

Key Events/Conferences Today:

Healthcare: Unblocked London, England

Enjoy your Day

Nextblock Team