🗞 Daily Crypto News, October 22th 💰

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Everyday, I bring you the most important CryptoNews so you can stay updated with the latest developments.

The Scaling Debate Could Use Some Civility
Ethereum-based ICOs Can be Good, Bad, or Ugly, But Ultimately Create Vibrant Ecosystem
Could Bitcoin’s Bubble Lead to Long Crypto Winter?
Russia’s Capital Discusses Issuing Moscowcoin Cryptocurrency
Microchip Powerhouse TSMC Credits High Performing Quarter to Cryptocurrency Mining
BTC Trading Update by @cryptopassion

🗞 The Scaling Debate Could Use Some Civility

Bitcoin’s scaling debate has been getting increasingly nasty and out of hand since it began. While there is nothing wrong with disagreeing with anyone in the community — Bitcoin is meant to encourage discourse and debate — things are taking a turn for the worst. The animosity in this debate is hurting the image of Bitcoin and cryptocurrencies in general. We all need to reign it in.

🗞 Ethereum-based ICOs Can be Good, Bad, or Ugly, But Ultimately Create Vibrant Ecosystem

In the wake of the ICO frenzy that has swept the Ethereum startup scene, many have voiced their concerns about the effect ICOs are having on the price of Ether. Large amounts of Ether are being raised and sold to fund these projects, which has caused the currency to see significant sell pressure.

The CEO of one cloud gaming platform, Egor Gurjef, recently wrote:

“Ethereum provides appealing smart contract and payment options for a lot of industries. I think the gaming industry is no different. ICOs are a great way for companies to get involved with Ethereum without too much risk.”

🗞 Could Bitcoin’s Bubble Lead to Long Crypto Winter?

A year after the block reward halving, with media buzzing about Bitcoin, and a multifold increase in price - this is not just a description of 2017 but also perfectly fits 2013. After the block reward halving in 2012, the price of Bitcoin shot up during the following year. The price increased from around $13 at the starting of 2013 to a peak of over $1200.

🗞 Russia’s Capital Discusses Issuing Moscowcoin Cryptocurrency

As the work on Russia’s national cryptocurrency is underway, the city of Moscow is discussing issuing its own cryptocurrency, the Moscowcoin. This will be possible after the legal framework of cryptocurrencies is established for the whole federation, city officials explained.

🗞 Microchip Powerhouse TSMC Credits High Performing Quarter to Cryptocurrency Mining

The world’s largest independent semiconductor foundry, the Taiwan Semiconductor Manufacturing Company (TSMC), has attributed its high performance for the third quarter of 2017 to surging demand for cryptocurrency mining hardware.

BTC Trading Update by my friend @cryptopassion

Yesterday we touched my objective of 6200$ on Bitfinex. After that touch, we started the correction which is still in place now :

Now, let's come back on a long term view (daily chart) :

You can see clearly that we are still inside the triangle. We tested the resistance line in orange, but we failed to break it. We could easily now go test the support line in blue.

The important point now is that we are at the end of the long term triangle. As you can see on the chart, we will have soon the end of the triangle and for sure we will have an important break out before that end. In most of the case, a triangle which is pointing UP, gives a DOWN break out. Look the date of the end of the triangle (end of November), just after the fork on the Bitcoin...

Be careful my followers, we will have soon an important move, perhaps even just before the fork. And this move, if this is a DOWN break out, could make you lost more money that the free coins you will receive from the Bitcoin Gold.

🗞 Daily Crypto News, October 21th 💰

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🗞 Daily Crypto News, October 17th 💰

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