Key Facts Of The Day 1.11.2018

The Song of Ethereum 2.0 Serenity, What Will It Bring?

Opening the Ethereum Foundation Devcon IV conference in Prague on October 31, Vitalik Buterin presented an abbreviated and expanded roadmap for ethereum. Briefly outlining the history of Casper protocol and sharding technology, Buterin announced that the fourth phase of the development of ethereum will soon begin – after Frontier, Homestead, and Metropolis. In particular, he said that the Solidity language served as the realization of various areas of research for which the project team had been spending all the time over the past four years.

Morgan Stanley, J.P. Morgan, Goldman Sachs: What They Think of Crypto

Analytics are admitting the surprisingly low volatility index the first cryptocurrency has been showing for the last 60 days. The fluctuations of the main cryptocurrency fell to 2.07% and returned the investors’ attention. While traditional markets are suffering from stagnation, the largest banking institutions are turning to crypto, or at least to the blockchain. We decided to check what the U.S. market titans think and do regarding crypto.

What to Expect from Alibaba’s Quarterly Report?

Alibaba Group Holding Ltd. will report on financial results for the second quarter tomorrow before the opening of the US market. WSJ believes that the Chinese e-commerce giant will report revenue growth but a decline in profits. Analysts polled by FactSet expect Alibaba to report $12,5 billion (86.9 billion yuan) in quarterly revenue, up 57.6% from $7,9 billion (55.1 billion yuan) a year earlier, the poll showed. However, revenue growth does not mean that the company’s profit grows. Analysts expect the company to report a 38.4% decline in net income to $1.6 billion (10.9 billion yuan) compared with 17.7 billion yuan from the same period last year.

How October Shaped the Crypto Scene

As we enter the new moths, let’s take a look at the three main topics that shaped the previous one: uncertainty surrounding stablecoins, Nouriel Roubini or Dr Doom entering the picture with some rather unpleasant views on crypto and finally the institutional investors, are they coming after all, and when?

What Else:

The investment report provides an overview of Grayscale's business over the past three months. Grayscale raised $81.1 million in the third quarter.

Oki Matsumoto said that he is unsure about reopening of cryptocurrency exchange Coincheck following $500 million hack that happened in January.

At 18:50 (GMT) total cryptocurrency market capitalization stands at $205.2 billion

Chainlink (+9.21%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $10,2 billion (-1.4 billion per day)

Mining Profitability

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