Golden Morning Post | BCH hard fork BCHN takes the lead in generating new blocks.

Headline

▌After the BCH hard fork started, BCHN generated two new blocks

According to the BCH hard fork countdown page on BTC.com, as of 22:43 on November 15, 2020, at block height 661647, after the BCH hard fork upgrade started, BCHN and BCHA will be forked. BCHN has generated new blocks at height 661648, and BCHA has not yet generated new blocks after the fork.

▌After BCH officially completed the hard fork, BCHA reached the height of the hard fork block for the first time

According to the BTC.com BCH hard fork countdown page, BCH started hard fork upgrade at block height 661647. As of 23:55 on November 15th, Beijing time, BCHA reached the hard fork block height of 661648 for the first time. The current block height of BCHN is 661665, 17 blocks ahead of BCHA.

Golden Noon News | March 24th at noon important updates: 7:00-12:00 Keywords: blockchain application, token security, bitcoin rise.

1. The construction of the government affairs service hall of the Beijing sub-center will use the latest technologies such as blockchain.

2. Guangzhou City is fully promoting blockchain + AI + intelligent supervision of food traceability.

3. Fujian issued 12 measures to encourage enterprises and universities to carry out technological research and applications such as blockchain.

4. Jixiangtian blockchain medical and health service platform under Ruikang Pharmaceutical was launched.

5. Liankai, Shandong Province: Improve the supporting capabilities of blockchain and other application scenarios and make every effort to create "China's Computing Valley".

6. Security warning: The third-party token issuance platform may secretly leave backdoor codes to issue additional tokens and steal tokens.

7. CoinDCX, an Indian encryption exchange, completed a $3 million Series A round of financing.

8. American football star: think more about the "exchange rate between bitcoin and the dollar".

9. BTC fluctuated above $6,500 and BSV rose by more than 5%. [2020/3/24]

Market

Golden Morning News | Zuckerberg: Still researching important parts of the FB cryptocurrency Tether has announced that it has been deployed on the EOS mainnet: 1. Investment giant Vanguard manages $1.3 trillion in assets through the blockchain.

2. Brazil will establish a cryptocurrency regulatory committee.

3. The G20 will discuss the creation of a crypto exchange registry.

4. Tether announced that it has been deployed on the EOS main network.

5. US SEC financial director: ICO should be exempt from securities laws.

6. Ernst & Young announced the open source code of "Nightfall".

7. Zuckerberg: Still doing research on an important part of the FB cryptocurrency.

8. The International Organization of Securities Regulatory Commission issued a consultation document to regulate encrypted asset trading platforms.

9. Governor of the Central Bank of Russia: Opposes the legalization of cryptocurrencies because of their risks and volatility. [2019/6/1]

As of press time, according to Huobi global data:

Analysis | Golden disk: ADA is in the triangle shock range: The gold disk analyst said: ADA is in the triangle shock range, getting closer to the top of the triangle, and will soon choose a direction, continue to pay attention to currency price fluctuations, the upper pressure level is 0.1349 , the lower support level is 0.1233. [2018/8/7]

The latest transaction price of BTC is 15972.50 US dollars, with an intraday increase and decrease of -0.33%;

The latest transaction price of ETH is 448.62 US dollars, with an intraday increase and decrease of -1.66%;

The latest transaction price of BCH is 240.62 US dollars, with an intraday increase or decrease of -0.98%;

BSV's recent transaction price was $154.27, with an intraday change of -0.68%;

Jinse Finance reported on the spot that Ethereum founder Vitalik Buterin gave a speech on the latest developments in Casper and sharding technology: Jinse Finance reported live on June 3 that at today’s Ethereum Technology and Application Conference, Ethereum founder Vitalik Buterin made a speech A keynote speech entitled "Casper and the Latest Advances in Sharding Technology". The first step is to deposit: the signature and the public key address are not necessarily the same, you can let others participate in the consensus mechanism for you, you can sign with the hot wallet, and keep the funds in the cold wallet. After completing the withdrawal, the second step is to wait for joining, which may take a day (not yet fully determined). The third step is to participate in the verification mechanism: the verification node has two functions: to finalize the blocks of the main chain, and to verify the blocks on the shards. [2018/6/3]

EOS recently traded at $2.50, with an intraday change of -0.95%;

FIL's recent transaction price was US$27.73, with an intraday increase or decrease of -3.42%.

Policies

▌Report: City commercial banks and private banks accelerate their deployment in blockchain and other fields

Recently, the City Commercial Bank Working Committee of the China Banking Association released the "City Commercial Bank Development Report (2020)". The "Report" believes that city commercial banks and private banks are actively embracing financial technology, continuously promoting digital transformation, and accelerating their development in big data and blockchain. , artificial intelligence, Internet of Things, cloud computing and other fields. Through the empowerment of financial technology, the supply of high-quality financial products has been continuously enriched, which has played a positive role in improving financial efficiency, reducing financing costs, and expanding the coverage of financial customers.

Blockchain Application

▌Kava CEO: DeFi will integrate with more traditional financial institutions in 2021

According to news on November 15, Kava CEO Brian Kerr said in an interview that by the end of 2021, DeFi as a general topic will surpass its initial hype stage. He added that there will still be some growth in specific areas, especially cross-chain products, DeFi and CeFi integration, and derivative platforms. In addition, he believes that another major new development of DeFi in 2021 will be the integration with more traditional financial institutions.

Cryptocurrency

▌Yearn.finance has passed the YIP-54 governance proposal

Yearn.finance official just tweeted that YIP-54 Governance Proposal: Operating Funds has been officially approved. From the introduction of v2 yVault, 50% of the effective fund management fee will be allocated to the operating fund, and the remaining 50% will be allocated to YFI Stakers (pledgers).

▌After the hard fork of BCH, the value of assets managed by Grayscale BCH trust has dropped by 1.6 million US dollars

News on November 16, after BCH completed the hard fork yesterday, the value of assets managed by Grayscale Investments’ Bitcoin Cash Trust (BCHG) has dropped by $1.6 million.

▌Founder of Galaxy Digital: Purchased 30,000 BTC and 500,000 ETH when entering the crypto market for the first time

On November 16th, Galaxy Digital founder and CEO Mike Novogratz revealed that his first attempt in the encryption market was to buy 30,000 Bitcoins and 500,000 Ethereums. Bitcoin was around $95 at the time.

Key Economic Developments

▌The Crypto Lark host: Grayscale purchased more than 15,000 bitcoins this week

Lark Davis, host of The Crypto Lark and crypto investor, tweeted today that it was another crazy week, and Grayscale bought more than 15,000 bitcoins, totaling more than 500,000 bitcoins. Mega Rich wants exposure in a serious way.

Golden Encyclopedia

▌What is trend trading?

Trend trading is a common investment method, simply put, it is an investment that follows the trend. For example, if we judge that the market will rise in the future, we will increase our position before it rises. But the trend is a very subjective thing with no objective definition and standard answer. For example, Bitcoin was halved on May 12. According to past experience, the trend should be that the currency price will continue to rise after a period of time. But who can guarantee that this time the Bitcoin halving will follow the generally judged trend?

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