QUOTE OF THE DAY
“Everything in moderation, including moderation.”
Bittrex Delists Five Trading Pairs
Julian Yap of Bittrex stated that the following pairs would be delisted on October 13th.
Remember folks, Bittrex is based in the US, it must abide by the new SEC guidelines.
Any cryptocurrency that is close to being labeled a security may now come under fire and Bittrex is trying to limit its exposure to any unnecessary liability.
I think you can continue to expect to see "security" tokens, inactive tokens, and those with really low volume being removed from Bittrex over the coming weeks/months.
And as much as I like Coinbase, there shouldn't only be one accessible US based exchange available to US citizens.
TL;DR - Bittrex does the smart thing and starts removing "liability" coins.
The Gold Man
While you were out there twiddling your thumbs, the CEO of Goldman Sachs was also out there twiddling his thumbs.
The tweet came just a little after there was talk of whether or not Goldman Sachs was to launch a bitcoin trading operation.
Is The Tide Turning?
Now we have BlackRock CEO Larry Fink coming out as a big believer in cryptocurrency.
Larry Find said in an interview:
"Related to cryptocurrencies, I'm a big believer in the potential of what a cryptocurrency can do. You see huge opportunities, but what we're talking about today, it's much more of a speculative platform, people are speculating on it."
With all of these CEO's coming out with how much they like crypto, I'm beginning to think that they just don't like Jamie Dimon
You can read more about this here.
In Other News...
US government misses out on $600 million. What else is new.
*/r/ethtraders were heard rejoicing*.
THINGS I LIKE
Sweden Poised to Become Leading Scandinavian Cashless Society
Is Sweden really on track to become the world’s first cashless country? Apparently five of the six major banks in Sweden are already refusing to operate with cash.
I actually don't know how much I like this, but check out this article down below.
My Current Sentiment: Bearish
Daily Number Indicator