Daily Crypto NewsEDITION #69, 05 November 2020

ETH 2.0 is coming

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Hey #Moni Maker ✋

Today, in 1935, the world saw, perhaps, the most popular board game "Monopoly". It seems to have inspired the leading economists and financial advisers of the Central Banks around the world, and modern money today is not much different from the colorful wrappers of the game. Fortunately, we have an alternative in the form of cryptocurrencies with their limited supply and finite scarcity - it's nice to wake up knowing that an insatiable printing press did not eat your savings! But let's focus on the latest news - it's hot out there;)

BATTLE OF THE YEAR!

USA, how are you doing?

Voting has already ended, and the results are now being counted. For now, Biden has 264 votes, and Trump has 214. It would seem that Joe Biden is a clear favorite, but it is not so easy. Trump is leading in some key states, which are still counting the votes.

Trump stated that he had already won in the states of Ohio, Texas, and Florida. But according to him, he also won Michigan, Wisconsin, and Pennsylvania, although counting is still going on in those states.

Donald Trump said he would challenge the presidential election results in the Supreme Court if the remaining votes were falsified.

We talked about "presidential tokens"! Yes, the situation now is: Trump's token has grown by 12%, while Biden's token has fallen by 1%.

So what?

Well, dear speculators, let's throw some cash following this link to FTX. So, firstly, it is more interesting this way, and secondly, you can tell your friends in the bar how you "made money" on the U.S. elections. Not bad :)

SUPRISE, VITALIK BUTERIN!

Ethereum 2.0

1.0 version of the Ethereum 2.0 deposit contract is released, Vitalik Butterin tweeted. The deposit contract is needed to send ETH from the existing network to ETH2, making it possible to staking. Genesis unit ETH2 will be launched on December 1, although the launch was previously scheduled for January 3.

So what?

Yes, a very fruitful time now. Let's not focus on the cataclysms of 2020 but on such news.

Let the crisis stay outside the window, we are in a cryptocurrency trap house!

👍👍👍

SEC pleases crypto

The U.S. Securities and Exchange Commission (SEC) raised the limit for regulated finance levies from $1.07 million to $5 million.

The limit was raised as part of a package of measures aimed at changing the terms of fundraising campaigns, which are conducted under special rules. This is expected to provide more opportunities for crypto startups to attract legal investment, not just venture capital.

This will enable the sale of securities without registration with the SEC. For this purpose, it is enough to limit the amount of possible investment for non-accredited investors. According to the SEC rules, almost anyone can take part in such campaigns. In turn, it will allow crypto to expand the investor base while not violating the securities legislation.

So what?

If you've always wanted to create your own startup, now is the time 😉

The "Cold War" between society and cryptocurrency is gradually moving into a kind of crypto spring: PayPal accepts crypto, SEC raised limits...Ni-i-i-ce!

Don't miss that moment; the train is already on the go, but so far, you can still jump into the last cart. So hurry up, or bite your elbows later.

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Headlines

— Axie Infinity trading began at Binance. AXS is traded around 1.5x the IEO price.

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