Welcome to my Cryptocurrencies Market Overview for Wednesday, October 11, 2017.
24 Hour Change
7 Day Change
Month-to-Date Change
24 Hour Volume
Market Capitalization
Bitcoin Daily Chart
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Latest Crypto News - October 11, 2017
Putin Tells Central Bank Not to Create Unnecessary Barriers to Cryptocurrencies
The President of the Russian Federation, Vladimir Putin, held a meeting on Tuesday to discuss cryptocurrencies. It was attended by top regulators including the central bank governor, her deputy, and the finance minister. While Putin acknowledged the risks associated with cryptocurrencies, he stressed the importance to not “build up unnecessary barriers” for new technologies.
Read more: bitcoin.com
Why Investors are Going All-In on Bitcoin: Major Japanese Crypto Exchange CEO
Yuzo Kano, the CEO at Bitflyer, Japan’s largest cryptocurrency exchange with over 800,000 active users, explained how conservative Japanese investors have started to “go all-in” on Bitcoin and cryptocurrencies.
Read more: cointelegraph.com
Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes
Regulators worldwide are finding that it’s incredibly hard to control the explosive growth of money tied to no nation.
Read more: bloomberg.com
Billionaire Mike Novogratz: Bitcoin's Price Will Reach $10k in Less Than a Year
Ex-fund manager Michael Novogratz has said in an interview that he believes the value of a bitcoin will reach $10,000 in six to 10 months.
Read more: coindesk.com
This 39-year old sold everything he had for bitcoin
Didi Taihuttu believes in bitcoin, and in a big way. The 39-year-old has put his house up for sale — selling it in part for bitcoin — and now lives with his family on a campsite near Venlo in The Netherlands. All of his other items are for sale, too: the car, the motorbike, electric bikes, the children’s toys, clothing, shoes. With the proceeds, Taihuttu buys bitcoin and other cryptocurrencies, betting that it will make him rich.
Read more: businessinsider.com
Bitcoin Q&A: Proof-of-Work, Proof-of-Stake, Delegated Proof-of-Stake
Bitcoin expert Andreas Antonopoulos answers the question: What is the difference between proof-of-work (PoW), proof-of-stake (PoS), and delegated proof-of-stake (DPoS)?
Ripple Network Now Services More Than 100 Financial Institutions
RippleNet, a network based on the Ripple blockchain that helps financial institutions process payments, now has over 100 members in its network.
Read more: cryptovest.com
Bitcoin Stumbles Near New High But $5k Still in Play
Bitcoin bears may have had the upper hand in their fight with the bulls on Tuesday, although the positive price action seen today suggests the cryptocurrency is still on the hunt for $5,000 (all-time high) levels.
Read more: coindesk.com
UBS CEO Says High Net Worth People Curious about cryptos, but not ready to invest
UBS Chief Executive Officer Sergio Ermotti said his firm's wealthiest clients are curious about cryptos.
Read more: cryptovest.com
Bitcoin Cash Price Dips Below $325 Again as Bearish Sentiment Continues
Bitcoin Cash has been struggling quite a bit over the past week. Despite several attempts at reaching a higher value, things continue to head south fro BCH these days. Right now, the Bitcoin Cash price hovers near the $320 mark, which is a lot lower compared to what people would like to see. Then again, it remains to be seen how much of a factor BCH will be when SegWit2x happens in a few weeks from now.
Read more: themerkle.com