Crypto News from Coinzy - October 31, 2018 PM

Coinzy Evening Edition

View this email in your browser Send to a Friend Here's Your Evening Crypto News for October 31, 2018 Tether's Market Cap Has Dropped by More than $1 Billion in October Tether (USDT), the embattled cryptocurrency token whose value is purportedly backed by US dollars, continues to see massive outflows as it struggles to maintain USD parity amid rising competition from other stablecoins launched by some of the crypto industry's biggest names. Bitcoin Bull Tom Lee 'Pleasantly Surprised' by Drop in Crypto Volatility Over the past several weeks, the bitcoin price has been uncharacteristically stable, even as equities have lost their footing and the global stock market has flirted with corrective territory. Crypto Market Performance in the Month of October 2018 The month of October was a rough month for the vast majority of cryptocurrencies. Many large and middle-sized market capitalization digital coins were dominated by a bearish outlook. Bitcoin Price Could Hold $6,300 For Another Month Due to Low Volume Over the last 24 hours, Bitcoin has slightly recovered from $6,230 to $6,260, unable to breakout of the $6,300 mark. Bitcoin Price Dips Beneath Level from One Year Ago The Bitcoin yearly candle has finally gone red, with the daily price average about 0.25% below the price from one year ago today. BitMart Lists ERC20 Token Berith (BRT), an Integrated Business Platform BitMart Exchange, a premier global digital asset trading platform, recently announced the listing of Berith (BRT) on their trading platform. BRT/BTC, BRT/ETH, and BRT/USDT trading pairs were available starting at 10:00 AM EDT on October 30th and deposits will be available October 31st. Contradicting Reports, $8 Billion Coinbase Won't Go Public Anytime Soon Contradicting a report from CNBC Africa's Ran NeuNer, a top Coinbase executive said that the cryptocurrency industry giant will not go public anytime soon. Ethereum Foundation Donates $134k to Ethereum Classic Co-op Amid 'Thawing Tensions' The Ethereum Foundation has donated 15,000 Ethereum Classic (ETC) tokens - or about $134,000 as of press time - to the Ethereum Classic Cooperative, after coming across the bounty in "old Foundation wallets," according to a Foundation Medium post. Share Tweet Forward Copyright © 2018 Coinzy, All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: Coinzy 2417 Main Street Suite 139 W Kelowna, BC V4T 2H8 Canada Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. Important Disclaimer: The information contained in the Coinzy.com daily newsletters is gathered from third-party sources and is provided for informational purposes only. Nothing posted in the Coinzy newsletter or on the Coinzy.com website is intended to be an endorsement of any company, organization, or investment. We are in no way providing investment advice or recommendations on investments.