Cryptocurrencies Market Overview - November 07, 2017

Welcome to my Cryptocurrencies Market Overview for Tuesday, November 07, 2017.

The SegWit2x hardfork seems to lose more and more support. Now among the Bitcoin miners as well.

• SegWit2X signalling is now down to 76.4% of the latest 144 Blocks according to coin.dance.
• SegWit2x futures are down 11.3% today to about 19% of BTC according to coinmarketcap.com.
• Bitcoin exchange Bittrex released a statement today confirming it will only recognize the incumbent 1MB blockchain as the legitimate Bitcoin.

24 Hour Change

Realtime chart on my website CoinMarkets.today

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Bitcoin daily chart

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - November 07, 2017

Short-Lived Rebound? Bitcoin Struggles to Retake $7,200

Bitcoin prices dropped to a four-day low below $6,950 yesterday before regaining some poise. So has the pullback run out of steam?
_{Read more: coindesk.com}

Segwit2X is the biggest attack on Bitcoin so far

This is just another attack against Bitcoin, it is a big one this time, but Bitcoin will come out stronger once again if it survives.
_{Read more: thenextweb.com}

Bittrex: If SegWit2x Splits Bitcoin, We’ll Recognize Only 1MB Chain

Leading cryptocurrency exchange Bittrex today released a statement confirming it will recognize only the incumbent 1MB blockchain as the legitimate Bitcoin, in the event Segwit2x (S2X) forces a chain split.
_{Read more: bitsonline.com}

Other sources:

• Statement on Bitcoin Segwit2x hard fork (Bittrex.com)

Monero Price Rises to $100 Again in Wake of Multisignature News

Most altcoins have started to recover some of their recently lost value over the past 24 hours. Although most of the gains have been rather small, Monero has successfully bucked the trend. Thanks to a gain of US$12.38 over the past 24 hours, things are looking pretty solid for the Monero price. This increase is mainly driven by increased trading volume due to some recent technical developments.
_{Read more: themerkle.com}

Japanese City Attracts Cryptocurrency Miners with Abundant Renewable Energy

The government of a Japanese city known for its renewable energy and low temperature in the wintertime is attracting cryptocurrency miners to use its clean electricity. One company has already announced that it will open “the first clean energy-based Japanese mining center” in the city to mine 10 cryptocurrencies including bitcoin.
_{Read more: bitcoin.com}

‘Buy Bitcoin’ Overtakes ‘Buy Gold’ as Online Search Phrase

According to Google Trends, global searches for “buy bitcoin” have overtaken “buy gold” after previously exceeding searches for how to purchase silver. Last month, the amount of gold changing hands on BullionVault’s online trading platform dropped by almost a third from the 12-month average.

_{Read more: bloomberg.com}

TREZOR Devices Will Support All Forked Coins, Says SatoshiLabs

SatoshiLabs, maker of the popular TREZOR hardware wallet devices, says it will support all coins and legacy addresses resulting from next week’s hard fork. Since the new coins may not have replay protection, users wishing to access both will need to split their balances securely.
_{Read more: bitsonline.com}

$50,000 Bitcoin? - Mike Maloney

In his latest video, Mike Maloney ponders the questions 'Could Bitcoin hit $50,000 in the next couple of months?' and also, 'Is Bitcoin in a bubble and could it crash?' You may be surprised to hear how Mike has answered these questions, and the action he has taken accordingly.

Segwit2x Game Theory Scenarios Part 1 by Jimmy Song

The Segwit2x hard fork is coming in less than two weeks and many are wondering about what may happen. In this article, Bitcoin developer Jimmy Song is going to go through a few of the scenarios.
_{Read more: medium.com}

$38 billion Investment Firm VanEck Debuts Cryptocurrency Price Indices

An investment company known for its recent efforts register a cryptocurrency-pegged exchange-traded fund has launched a suite of price indexes targeting mainstream investors. VanEck's MVIS is the First Major Index Provider to Offer Digital Asset (Crypto) Indices according to a press release.
_{Read more: cryptovest.com}

Neon v0.0.7 released with Ledger compatibility

City of Zion have today released Neon wallet v0.0.7 featuring compatibility with the Ledger Nano S. Ledger owners can now make use of the NEO Ledger app that was added to the Ledger Manager at the end of October.
_{Read more: neonewstoday.com}

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