Magic number

CoinDesk Daily is sponsored by  🍂 🍂 November 27, 2017 🍂 🍂 "I know numbers are beautiful. If they aren't beautiful, nothing is." ― Paul Erdos 🏆 ALL-TIME HIGH 🏆 BTC: $9,612.54 +3.08% ETH: $480.25 +2.03%​ @8:45 EST - More price details Got this from a friend? SUBSCRIBE HERE THE FEATURE $10,000 Today? Bitcoin Price Primed to Break Psychological Barrier It's safe to say breath is bated in the blockchain world. As profiled by CoinDesk's resident chart artist Omkar Godbole, bitcoin's price appears poised to surpass a pivotal milestone. Not just a fifth digit, a $10,000 price would serve as a vindication to the technology's ardent enthusiasts. But the question now may be how soon will we get there – and whether traders will begin to pull back ahead of the magic number. As put forth by Omkar, however, "mania" might not be the word that best describes current conditions. Rather, he suggests the price is moving along a series of technical indicators used in other asset markets, all that are giving "favor to the bulls." That said, he doesn't rule out a pullback entirely. Whatever the case may be, the world will certainly be watching. Read the whole story Tweet Share ⭐ COINDESK SPONSOR ⭐ Custody for your Crypto Assets Protect and secure your assets with itBit, a regulated Trust Company, and Custodian. With itBit, all assets are backed by regulatory capital reserves, and you can verify custody account balance and holdings 24/7 with personalized access and customer support. Learn More Wait, there's more: A Crypto Crystal Ball? What If Traders Settled Bitcoin Fork Disputes Researchers are trying to improve prediction markets as potentially valuable tools for measuring community support or opposition to protocol changes. $10,000 Today? Bitcoin Price Primed to Break Psychological Barrier With sentiment more bullish than ever, bitcoin prices look likely to test $10,000 levels – and perhaps beyond. Cryptocurrency Price Surge Could Boost GPU Sales, Says Wall Street Analyst Prices increases in ethereum, monero and other cryptocurrencies could spark a sales boost for makers of graphics cards (GPUs). Iran's Cyberspace Authority Says It Welcomes Bitcoin, If Regulated The secretary of Iran's High Council of Cyberspace has said the agency "welcomes" bitcoin, with the caveat that there must be regulation. Samsung Inks Deal with Seoul Government for Blockchain Platform Samsung SDS announced yesterday that it has signed an agreement with the Seoul Metropolitan Government to build out blockchain services. Crypto Tax Software Startup Libra Raises $7.8 Million Blockchain startup Libra has raised $7.8 million in a new Series A funding round, the company announced today. $300 Billion: Bitcoin Price Boosts Crypto Market Value to Record High The total market capitalization for the cryptocurrency market has exceeded $300 billion for the first time. SEC Assembly Line? How ICO Enforcement Could Take Shape A former lawyer for the SEC discusses the way forward for ICO regulation, warning that an "assembly line" of actions could be on the way. Who Invented Pants? Why Crypto Creators' Identities Don't Matter The identity or character of a creator has little bearing on the value of the creation – that's why the obsession with unmasking Satoshi was so silly. Bitcoin Price Tops $9,000 in Historic First The price of a bitcoin has continued to rise overnight, passing $9,000 for the first time this morning. Are Tokens Like Gold? Attorneys Ask Tough Questions on ICOs The SEC and the CFTC? A panel of top ICO lawyers discussed pressing legal challenges in the sector on Tuesday. Here's What's Standing in the Way of a Tokenized Economy The challenges of digital identity, AML/KYC and common technical standards must be overcome to deliver on the promise of blockchain technology. Bitcoin, Ether Prices Surge to Fresh All-Time Highs The top two cryptocurrencies by market capitalization have continued their respective rallies, setting fresh record highs today. Brain Freeze? Parity Bug Continues With No Easy Solution in Sight With $160 million in funds frozen on the ethereum blockchain, a search for solutions is ongoing – if not altogether promising so far. Go to CoinDesk 👋 CoinDesk is Hiring 👋 Come join our great team here in New York City! Copyright © 2017 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list