Coin Sheet - October 20, 2017


QUOTE OF THE DAY

What is harder than rock, or softer than water? Yet soft water hollows out hard rock. Persevere.” 

—Ovid.


Happy Friday everyone!

We've got a relatively quiet morning today in crypto-land, so I'm just checking in and saying hi.

Okay that's all.

Oh, and remember...seize the day!

COIN BULLETIN

Gates Foundation Launches Blockchain-based Mobile Payments Solution

According to CoinTelegraph, the Bill and Melinda Gates Foundation has launched the Mojaloop open-source payments software to provide an interoperability layer between financial institutions, payment providers, and other companies offering payment services to the poor and unbanked people around the world.

Source

Switzerland Awards First AML/KYC Licence To Bitcoin Compan

Payment gateway Payment21’s owner has become the first Bitcoin company to gain full regulatory compliance from Switzerland's financial regulator.

(Oh, and, KYC know Your Customer is a collective term for the processes which companies employ in order to confirm their customers' real identities. KYC may also be used to refer to government regulations outlining these processes. The purpose of maintaining KYC policies is to prevent such crimes as financial fraud, identity theft, money laundering and terrorism financing.)

Managing Director Bernhard Kaufmann commented:

We are committed to meeting the legal requirements of the Swiss financial marketplace. Our handling of compliance issues enriches the digital currency ecosystem, and demonstrates that Swiss regulators embrace competitiveness in financial services, and truly encourage Fintech innovation in the digital era.”

Good stuff for crypto.

You can read more about this here.


THINGS I LIKE

Why Ethereum Entering the Valley Will Be Powerful

Nice little article about Ethereum and how it makes its way to Silicon Valley (where I think it has already been for a WHILE).

You can check out the article here.


MARKET SENTIMENT

Technical Signals

(None today, but here's a chart)

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My Current Sentiment: Bearish.

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.

 


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