Coin Sheet - November 17, 2017


QUOTE OF THE DAY

I wasted time, and now doth time waste me.” 

—William Shakespeare.


COIN BULLETIN

Coinbase Custody

Yesterday Coinbase announced the launch of a new company to help institutional investors securely store digital assets.

A custodian is a specialized financial institution responsible for safeguarding a firm's or individual's financial assets.

Coinbase Custody will provide these services to digital assets, and provide strict financial controls and secure storage for institutional investors wanting to trade digital currencies like Bitcoin and Ethereum (and more).

TL;DR - This is huge news for the crypto space and provides new access to billions of dollars of institutional money waiting on the sidelines to invest in digital currencies.

You can read the announcement from Brian Armstrong here and check out Coinbase Custody here.

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Swiss Firms to Let Traders Short Bitcoin With New Futures Products

Swiss asset management firm Vontobel will launch a new futures product designed to let customers bet against the price of bitcoin.

Source

 Shower thought: Why do all Slovenian's look like Bond villians?


What Else Is Going On?

  • Lightning atomic swap between Bitcoin and Litecoin.
  • Over 20 banks join Singapore-Hong Kong blockchain trade network.
  • Nasdaq explores storing asset data on blockchain.

THINGS I LIKE

The Bitfinex Dilemma

BitCrypto’ed is back talking about how Bitfinex is a ponzi scheme and tethers are evil.

You can read his article here.

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MARKET SENTIMENT

Technical Signals
 

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My Current Sentiment: Neutral.

Daily Number Indicator

Bitcoin

 This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion.   Read more here .

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

Ethereum

 This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion.   Read more here .

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

Litecoin

 This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion.   Read more here .    

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

 


Join The Discussion

You can find me on Twitter at @coinsheets

And here's an invite to our Discord: https://discord.gg/UTp6bCU


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