COINFEED HEADLINES OF THE DAY
https://coinfeed.com
Bitcoin zigs around $6400 dollars.
Movers and Shakers
Winners: Ravencoin flying high with a 7% gain.
Losers: Mobilego on its way down again losing 5% after that deadcat bounce.
Overall, the total network value for all of crypto remains slightly above $200 billion dollars.
Top Headlines
And now the headlines of the day.
Astro World
Probably the most notable of the week, the smart-contract company Consensys recently acquired an asteroid mining company Planetary Resources. Just to be clear, this is not crypto mining. We are talking about mining real life asteroids. You know, the type that flies around in space killing off dinosaurs and such. The hope is to extend communication and application programming with decentralized computing in space. Now that’s a brilliant use case for blockchain.
https://coinfeed.com/view/2947483/64/consensys-carves-out-new-blockchain-space
New York, New York
New York grants its first Bit license to a Bitcoin ATM company. Great news for crypto adoption despite the state’s innovation-restrictive regulation.
https://coinfeed.com/share/2954420/64/25481/1pjolz/new-york-grants-first-bitlicense-to-bitcoin-atm-company
Africa
Africa is waking up to crypto as they take over most of the volume on PAXful, a US-based exchange.
https://coinfeed.com/view/2965589/64/africa-dominates-trade-volume-on-p2p-bitcoin-exchange-paxful
Coinbase Resignations
Recently, the Head of Trading at Coinbase has decided to leave only after six months. Could be a warning sign for Coinbase. They seem to be losing key decision makers minute by minute.
https://coinfeed.com/view/2952265/64/coinbase-exchanges-new-head-of-trading-resigns
GOOD READS
Blockchain Nevada
Finally for our segment Good Reads. New York Times published a piece on a crypto millionaire that hopes to build a crypto community in Nevada. Currently he is self-funding the entire venture starting with a 170 million dollar land purchase. I wonder if he’ll learn that communities are virtual now. All he has to do is sign up for an account on Coinfeed. I don’t know. Hope or Hype? What do you guys think? Comment below.
https://www.nytimes.com/2018/11/01/technology/nevada-bitcoin-blockchain-society.html
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