DueDEX: What’s Happening in Crypto World Today? — Nov. 9th, 2019

in #bitcoin6 years ago

DueDEX: What’s Happening in Crypto World Today? — Nov. 9th, 2019

  1. Mainstream Currency Price as of 12:00 PM UTC from Coinbase Pro:
    · BTC — 8,834.43 USD
    · ETH — 184.18 USD
    · EOS — 3.460 USD
    · XRP — 0.278 0USD

  2. The Fear & Greed Index: 38— Fear

  3. Crypto Updates:

· How Bitcoin’s Lightning Can Be Used for Private Messaging
Bitcoin’s lightning network might have a use case beyond faster and more scalable payments.
Last week Lightning Labs developer Joost Jager revealed an experimental, new proof of concept: Whatsat, a version of lightning that can be used to send private messages.
Like bitcoin, it’s censorship-resistant. But, unlike encrypted apps that morph messages into unreadable, garbled text to keep messages from prying eyes, there’s no central entity to stop users from employing the network.

· 10% of MoneyGram’s US-Mexico Business Is Crypto-Enabled
An estimate by the World Bank pegged 2016’s global remittance market at $573 billion, and a whopping $422 billion of that went to developing countries.
The simple act of transferring money from one country to another — more formally known as remittance — is one economic heavyweight of a market, yet blockchain technology is poised to change its operations anyway. Already well-suited for securely transferring units of value around the world, the same technology that powers Bitcoin holds great implications for the world’s remittance businesses.

· The Power in Energy, and How New Technologies Can Shift It
The world is slowly, but very surely, turning its attention to climate change, and to the human activities that are having the largest impact. The recent U.N. General Assembly on Climate Change broached these topics in detail, looking at how politics, economy and human activity need to change in order to limit the damage being done to the environment.

· Tether Supports Peter McCormack’s Defense Against Craig Wright
Leading stablecoin operator Tether has announced it will support crypto podcaster Peter McCormack in a lawsuit against self-proclaimed Bitcoin (BTC) creator Craig Wright.
General counsel for Tether and cryptocurrency exchange Bitfinex, Stuart Hoegner, revealed on Nov. 8 that Tether also rejects Wright’s claims of being Satoshi Nakamoto. He explained:
“Wright has had myriad opportunities to prove that he is Satoshi and has not definitively done so.”

  1. Trader’s View:

· QuantumHedgeFund from Trading View: Bitcoin TODAY (waves) 09.11.2019

Hello friends!
We see the probability of working out 2 scenarios.
There is a good setup for shopping right now.
Sales should be considered from the limit levels.
Buying Details
Bitcoin purchases are relevant from the level of 8780.
Stop loss level is 8700.
The first profit taking level is 9230.
After successfully building the initial impulse and local price correction, a bullish rally may continue in the direction of 11000.
Short sales Details
BTC sales are relevant from levels 8970–9090.
Stop loss at 9250.
The take profit level is 8250.

· tradingwalk from Trding View: Bitcoin Buy Alert | Chart Pattern and Support Levels Confluence

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DueDEX informs readers that the views, thoughts, and opinions expressed in the content come from various sources, and does not belong to DueDEX. It does not guarantee the accuracy or possible uses of the content posted. Under no circumstances whatsoever shall DueDEX be deemed responsible or liable for any decision made or damage incurred due to the content and information posted on this social media. Every investment and trading move involves risk, doing own research should be conducted when making a decision.

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