DueDEX: What’s Happening in Crypto World today? — Oct. 23rd, 2019

in #bitcoin6 years ago

DueDEX: What’s Happening in Crypto World today? — Oct. 23rd, 2019

Mainstream Currency Price as of 1:00 PM UTC from Coinbase Pro:
· BTC — 7536.88 USD
· ETH — 160.69 USD
· EOS — 2.770 USD
· XRP — 0.2745 USD

  1. The Fear Greed Index: 33 — Fear

  2. Crypto Updates:
    · What to Expect When Facebook’s Zuckerberg Defends Libra on Capitol Hill
    Once again, Facebook will face the fire on Capitol Hill on Wednesday, with the Libra cryptocurrency project taking center stage.
    Mark Zuckerberg, the social media giant’s founder and CEO, will testify before the House of Representatives Financial Services Committee, arguing that Libra will benefit unbanked individuals and that the U.S. should allow Libra to launch. He’ll also be defending his company’s recent record on discrimination, among other issues.
    · None of 20 Facebook’s Libra Partners Yet Committed Any Money: BBC
    Since the announcement of the Libra Association Council in June 2019, no financial agreement for the founding partners has been made to date, BBC reports Oct. 23, citing several unspecified sources.
    · US Congressman: Default Reaction to Bitcoin, Blockchain Must Be ‘Yes’
    U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, says he wants regulators’ default reaction to crypto innovation to be “yes.”
    The Congressman — who goes by the moniker of “Mr. Fintech” on Capitol Hill — made his remarks during an interview for Laura Shin’s Unchained podcast, published on Oct. 22.
    · New Bitcoin ETF Proposal Filed With SEC by Gold Fund Veteran
    Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15.
    · Bitcoin Price Back Below $8K After Failing to Crack ‘Heavy Resistance’
    Bitcoin (BTC) regained $8,000 on Oct. 23 after a fresh bearish move canceled out progress towards the top of its trading range.

  3. Trader’s View:
    · MazdakHonarpisheh of Trading View; BTC USD 30(120) LONG

· Renkotrade of Trading View: BTCUSD Bitcoin SHORT Now 1 HR

Most Cryptos have broken major saupports and are SHORT now-
So Bitocin also.
Have boken major supports at 8170 and sicne then we are running
fast in a short mode.
Alle long signs are gone now.
My channels forecast tells us a Short Mode in the future.

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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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