Thursday, October 18, 2018

Bitcoin Futures / Altcoins / Blockchain Jobs / Decentralization

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$BTC (1:01 p.m. EST): $6,531.29 (-0.28%) // 90-day high: $8,209.07 // 90-day low: $6,253.11/ / More

$BCH (1:01 p.m. EST): $443.88 (-1.19%) // 90-day high: $844.12// 90-day low: $420.58 // More

$ETH (1:02 p.m. EST): $205.04 (-1.35%) // 90-day high: $531.53 // 90-day low: $171.58 // More

$LTC (1:02 p.m. EST): $52.78 (-1.63%) // 90-day high: $107.31 // 90-day low: $49.35 // More

$XRP (1:02 p.m. EST): $0.45 (-1.96%) // 90-day high: $0.57 // 90-day low: $0.22 // More

Here are the 10 most important stories about bitcoin and cryptocurrencies today

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1. Bitcoin futures trading has steadily risen throughout the third quarter. The Chicago Mercantile Exchange showed that the average daily volume increased 41 percent from Q2 to Q3. The report also showed that the number of open contracts rose 19 percent in the same period. CME released a similar report at the end of Q2 that showed a significant increase from Q1. –BITCOINIST

Bitcoin futures trading continues to increase in volume
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2. The altcoin market has seen its share of price increases in the past few days. Stellar Lumens leads the growth with a 7.5 percent price increase, while IOTA has jumped three percent. While tron's price has remained flat, the coin continues to see user growth. CEO Justin Sun tweeted that tron mainnet accounts have surpassed 500,000 users and is adding about 100,000 new users each month. –NEWS BTC

Altcoin market sees growth in recent days
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3. There has been a 300 percent increase in the number of jobs related to bitcoin, cryptocurrencies, and blockchain over the past year. Jobs site Glassdoor said there were 1,775 bitcoin and blockchain-related job openings in the United States, as of this past August. This is up from 693 at the beginning of the year and 446 at the same time last year. This increase has come as the cryptocurrency market has largely struggled throughout the year. –FORBES

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4. A new report claims that only 16 percent of cryptocurrencies are fully decentralized. CryptoCompare released its annual Cryptoasset Taxonomy Report earlier this week. It shows that the majority of coins are either centralized, or only semi-centralized, suggesting that the development teams behind the projects have some leverage to influence the protocol underlying the asset. –NEWS BTC

Only 16 percent of coins truly decentralized
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5. An analyst believes it is only a matter of time until bitcoin breaks out. –MARKET WATCH

6. The US Marshals will auction $4.3 million in bitcoin next month. –COINDESK

7. A Toronto-based clothing company only uses bitcoin cash. –BITCOIN.COM

8. Blockchain is coming to retail – and customers likely won't notice. –VOX

9. Here are six bitcoin documentaries worth watching. –BITCOIN AUSTRALIA

10. The Onion takes a satirical look at blockchain with this Q&A. –THE ONION

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Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon.

Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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