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Crypto News 16.11.2019 by kiraxoy

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· @kiraxoy · (edited)
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Crypto News 16.11.2019
![cryptonews.jpg](https://cdn.steemitimages.com/DQmWfsd1f55XPMGerHTn8bms9WbrDVW2Phg4fNo7my1VuY2/cryptonews.jpg)
WhaleAlert: About $103.20 million worth of DAI transaction has failed and was reverted.
 	
Daily Active Users Of EOS, Ethereum, IOST, And TRON DApps Totaled 92030 On Nov 15
Citing data from DApp Total, as of 00:00 (UTC+8), November 16, EOS, Ethereum, IOST, and TRON DApps recorded 92,030 daily active users (DAUs), 46.26% of which were ETH-based.
1.Number of users: ETH (42,573) > TRON(36,065) > EOS (13,392) > IOST (3,463);
2. Number of transactions: EOS (32,344,871) > TRON (912,584) > ETH (145,578) > IOST (124,035);
3. Trading volume: EOS ($10,375,685) > ETH ($6,112,823) > TRON ($5,029,657) > IOST ($294,595).
In addition, across the Ethereum, EOS, IOST, and TRON blockchains, the top 3 DApps by user number are: BeeHive (TRON), Dice (EOS), and Endless Game (IOST); the top 3 DApps by transaction number are: EIDOS (EOS), WINk (TRON), and Dice (EOS); the top 3 DApps by trading volume are: Newdex (EOS), WINk (TRON), and dYdX (ETH).
 	
598 BTC Transferred From Huobi To OKEx
According to Whale Alert, 598 BTC (5.07 mln USD) were transferred from Huobi addresses to an OKEx address starting with 3EbSda at 11:25 UTC on Nov 16. The trade hash is 7a2e7e9414cda3ac595b2cd746c140884534f8a31dd7a36a1d0d9f1619fcecc6.
 	
Bitcoin Should Hit $150K Before An ETF Can Work, Fundstrat's Lee Says
The $200 billion cryptocurrency market is far too small for an exchange-traded fund to work, according to Fundstrat Global Advisors LLC's Tom Lee. Numerous attempts to get approval from the U.S. Securities and Exchange Commission for crypto-related ETFs have been stymied, and Lee doesn't think it's a bad thing. Big fund launches in the U.S. can have around $13 billion of first-year demand, he noted. He estimates Bitcoin needs to be around $150,000 to cope with daily demand on an ETF. So the asset would need to rise in price by more than 15-fold.
 	
IRS Turns Critical Eye Toward Crytpo ATMs, Kiosks
Criminal investigators at the Internal Revenue Service are "very" focused on the potential tax issues raised by cryptocurrency kiosks and Bitcoin ATMs, a top agency official said Nov. 15.
Although no public cases involving crypto kiosks have been filed to date, IRS Criminal Investigation Chief John Fort said his team is working with its law enforcement partners to police the illicit activity enabled by the technology.

 	
Bluehelix Tyler Wu: Bluehelix Decentralized Custodian Perfects Blockchain "Trust Machine"
On Nov 16, at the Crypto DeFiance 2019 event held in Singapore, Tyler Wu, Bluehelix Global Managing Director, gave a speech on decentralized asset custody solutions.
In the network of blockchains, the production and storage of value are done by the blockchain network. It can be said that the decentralization of the blockchain takes part in the function of "trusted machines", but practical applications, such as trading, redemption, payment and storage process, are still having human participation like tradition firms. The asset custody is still centralized which causes the risks, such as theft, loss, untransparent and so on. Bluehelix's decentralized custodian technology perfectly solves the human intervention problem in this section and completes the construction of the industry infrastructure, thus better perfecting the "trust machine". Similar to the emergence of Alipay, the trust cost of the transaction is greatly reduced, and the tradability is improved.
The decentralized custody clearing public chain Bluehelix Chain test network developed by the Bluehelix Group has been launched.
 	
Daily Active Users Of EOS, Ethereum, IOST, And TRON DApps Totaled 92030 On Nov 15
Citing data from DApp Total, as of 00:00 (UTC+8), November 16, EOS, Ethereum, IOST, and TRON DApps recorded 92,030 daily active users (DAUs), 46.26% of which were ETH-based.
1.Number of users: ETH (42,573) > TRON(36,065) > EOS (13,392) > IOST (3,463);
2. Number of transactions: EOS (32,344,871) > TRON (912,584) > ETH (145,578) > IOST (124,035);
3. Trading volume: EOS ($10,375,685) > ETH ($6,112,823) > TRON ($5,029,657) > IOST ($294,595).
In addition, across the Ethereum, EOS, IOST, and TRON blockchains, the top 3 DApps by user number are: BeeHive (TRON), Dice (EOS), and Endless Game (IOST); the top 3 DApps by transaction number are: EIDOS (EOS), WINk (TRON), and Dice (EOS); the top 3 DApps by trading volume are: Newdex (EOS), WINk (TRON), and dYdX (ETH).
 	
Bluehelix Tyler Wu: Bluehelix Decentralized Custodian Perfects Blockchain "Trust Machine"
On Nov 16, at the Crypto DeFiance 2019 event held in Singapore, Tyler Wu, Bluehelix Global Managing Director, gave a speech on decentralized asset custody solutions.
In the network of blockchains, the production and storage of value are done by the blockchain network. It can be said that the decentralization of the blockchain takes part in the function of "trusted machines", but practical applications, such as trading, redemption, payment and storage process, are still having human participation like tradition firms. The asset custody is still centralized which causes the risks, such as theft, loss, untransparent and so on. Bluehelix's decentralized custodian technology perfectly solves the human intervention problem in this section and completes the construction of the industry infrastructure, thus better perfecting the "trust machine". Similar to the emergence of Alipay, the trust cost of the transaction is greatly reduced, and the tradability is improved.
The decentralized custody clearing public chain Bluehelix Chain test network developed by the Bluehelix Group has been launched.
 	
IRS Turns Critical Eye Toward Crytpo ATMs, Kiosks
Criminal investigators at the Internal Revenue Service are "very" focused on the potential tax issues raised by cryptocurrency kiosks and Bitcoin ATMs, a top agency official said Nov. 15.
Although no public cases involving crypto kiosks have been filed to date, IRS Criminal Investigation Chief John Fort said his team is working with its law enforcement partners to police the illicit activity enabled by the technology.

	
Bitcoin Should Hit $150K Before An ETF Can Work, Fundstrat's Lee Says
The $200 billion cryptocurrency market is far too small for an exchange-traded fund to work, according to Fundstrat Global Advisors LLC's Tom Lee. Numerous attempts to get approval from the U.S. Securities and Exchange Commission for crypto-related ETFs have been stymied, and Lee doesn't think it's a bad thing. Big fund launches in the U.S. can have around $13 billion of first-year demand, he noted. He estimates Bitcoin needs to be around $150,000 to cope with daily demand on an ETF. So the asset would need to rise in price by more than 15-fold.
 	
598 BTC Transferred From Huobi To OKEx
According to Whale Alert, 598 BTC (5.07 mln USD) were transferred from Huobi addresses to an OKEx address starting with 3EbSda. The trade hash is 7a2e7e9414cda3ac595b2cd746c140884534f8a31dd7a36a1d0d9f1619fcecc6.
	
CoinNess Market Surveillance Nov 16: BTC Still Trading Around $8500 Level
As of 11:00 (UTC) on November 16, the global price index of Bitcoin (BTC) is still trading around the $8,500 level. At present, the coin marks $8,539.29 with a decrease of 1.57% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Sell" with 13 indicators sending out selling signals, two showing neutral signals, and three indicating buying signals.
The broad market is experiencing a downtrend, with 21 out of Top 100 cryptos by market cap rising.
The global market cap reads $233.79 billion, and the 24-hour trading volume is $66.89 billion.
Major Coins
1. BTC quotes show 8,471.87 USDT on Binance, $8,496.70 on Bitfinex, and $8,468.22 on Coinbase Pro;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $181.29 (-2.14%); XRP marks $0.2631 (-2.06%); BCH marks $264.42 (-3.92%); LTC marks $57.97 (-3.22%); EOS marks $3.34 (-3.19%); ETC marks $4.59 (-3.77%).
Top 3 Gainers and Losers in Cryptocurrencies
1. Top 3 gainers among Top 100 cryptocurrencies by market cap: LUNA (+16.64%), EKT (+7.09%), and ILC (+6.83%);
2. Top 3 losers among Top 100 cryptocurrencies by market cap: DX (-16.02%), XVG (-8.32%), and BTM (-8.31%).
Top 3 Gainers and Losers in Categories
1. Top 3 gainers among 24 categories: Authentication (+8.24%), Data Service (+2.82%), and Social Communication (+1.51%);
2. Top 3 losers among 24 categories: Cross Chain Technology (-4.44%), Sharing Economy (-3.33%), and Forked Coins (-3.13%).
Cap Flows of Coins/Exchanges
1. Top 3 capital inflows within the last 24 hours: BTC (+$298.33 mln), ETH (+$74.28 mln), and SEELE (+$39.72 mln);
2. Top 3 capital outflows within the last 24 hours: LTC (-$52.07 mln), XRP (-$32.65 mln), and ZB (-$23.96 mln);
3. Net inflows/outflows of exchanges: Binance (-$16.82 mln), Bitfinex (-$13.81 mln), and Coinbase Pro (-$4.74 mln).
ZB -4.71%EOS -3.1%BTM -8.72%
	
The aBey Foundation Introduces New Crypto-Enabled Credit Card Technology
Speaking at BlockShow Asia 2019, aBey Foundation co-founder Dr. Ciprian Pungila announced aPay, a payment system that lets the cryptocurrency community use its assets for daily payments via credit card integrations.
aPay users can send their cryptocurrencies to the platform and gain access to three different credit cards that operate with UnionPay, Mastercard, and Visa. They can therefore use their cryptocurrencies for daily payments.

The aBey Foundation Introduces New Crypto-Enabled Credit Card Technology
Speaking at BlockShow Asia 2019, aBey Foundation co-founder Dr. Ciprian Pungila announced aPay, a payment system that lets the cryptocurrency community use its assets for daily payments via credit card integrations.
aPay users can send their cryptocurrencies to the platform and gain access to three different credit cards that operate with UnionPay, Mastercard, and Visa. They can therefore use their cryptocurrencies for daily payments.
	
CoinNess Market Surveillance Nov 16: BTC Still Trading Around $8500 Level
As of 11:00 (UTC) on November 16, the global price index of Bitcoin (BTC) is still trading around the $8,500 level. At present, the coin marks $8,539.29 with a decrease of 1.57% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Sell" with 13 indicators sending out selling signals, two showing neutral signals, and three indicating buying signals.
The broad market is experiencing a downtrend, with 21 out of Top 100 cryptos by market cap rising.
The global market cap reads $233.79 billion, and the 24-hour trading volume is $66.89 billion.
Major Coins
1. BTC quotes show 8,471.87 USDT on Binance, $8,496.70 on Bitfinex, and $8,468.22 on Coinbase Pro;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $181.29 (-2.14%); XRP marks $0.2631 (-2.06%); BCH marks $264.42 (-3.92%); LTC marks $57.97 (-3.22%); EOS marks $3.34 (-3.19%); ETC marks $4.59 (-3.77%).
Top 3 Gainers and Losers in Cryptocurrencies
1. Top 3 gainers among Top 100 cryptocurrencies by market cap: LUNA (+16.64%), EKT (+7.09%), and ILC (+6.83%);
2. Top 3 losers among Top 100 cryptocurrencies by market cap: DX (-16.02%), XVG (-8.32%), and BTM (-8.31%).
Top 3 Gainers and Losers in Categories
1. Top 3 gainers among 24 categories: Authentication (+8.24%), Data Service (+2.82%), and Social Communication (+1.51%);
2. Top 3 losers among 24 categories: Cross Chain Technology (-4.44%), Sharing Economy (-3.33%), and Forked Coins (-3.13%).
Cap Flows of Coins/Exchanges
1. Top 3 capital inflows within the last 24 hours: BTC (+$298.33 mln), ETH (+$74.28 mln), and SEELE (+$39.72 mln);
2. Top 3 capital outflows within the last 24 hours: LTC (-$52.07 mln), XRP (-$32.65 mln), and ZB (-$23.96 mln);
3. Net inflows/outflows of exchanges: Binance (-$16.82 mln), Bitfinex (-$13.81 mln), and Coinbase Pro (-$4.74 mln).
ZB -4.09%EOS -3.28%BTM -9.11%
 
BTC.TOP CEO: To Expand Large Blocks Will Solve Congestion Problem
BTC.TOP CEO JIANG Zhuoer said on Weibo, Nov 16, that the core of the expansion dispute is how to solve the congestion problem. The expansion party insists on the expansion of large blocks which is put forward by Satoshi Nakamoto. The core party proposes to the expansion of Segregated Witness and Lightning Network. The 3-year practice shows core party's method can't solve the congestion problem. The indisputable facts show that Nakamoto is right, and we should expand large blocks.
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@upvotebank ·
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@davedickeyyall ·
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@arcange ·
Congratulations @kiraxoy!
Your post was mentioned in the [Steem Hit Parade](/hit-parade/@arcange/daily-hit-parade-20191116) in the following category:

* Upvotes - Ranked 2 with 1541 upvotes
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@steemitboard ·
Congratulations @kiraxoy! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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