One Goes Down, Another Goes Above and Beyond: BTC Losses Leadership, Grayscale Outperforms the Market (Daily Digest, Nov 02)

BTC ETF approval isn't likely to happen, John McAffee doesn't want to be a president, Grayscale shows its revenue, Binance Uganda signs up 40,000 users, NasdaQ can protect traders against manipulation, China downgrades BTC

That’s [crypto] all I’m going to talk about. See, I don’t want to be president. I couldn’t be ... no one’s going to elect me president, please God. However, I’ve got the right to run.

John McAfee, programmer and crypto enthusiast

  • Grayscale’s Q3 2018 Digital Investment Report says the firm has raised around $330 million so far in 2018 despite bear market.
  • Binance Uganda signed up 40,000 users in the first week since the world's largest crypto exchange launched its local subsidiary in October.
  • Fraud in trading cryptocurrencies is attributed to market volatility and a deficiency in regulatory policies. Insider trading, wash trading, pump-and-dump, spoofing and layering are some of the acts that Nasdaq’s technology aims to prevent.
  • China’s Center for Information and Industry Development has updated its ranking of 33 crypto projects where BTC now occupies just the 19th spot while EOS and Ethereum still top the overall ranking.
  • BTC its trading at the price of $6,400, ETH comes to $200.47 at the moment of writing.
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