Crypto Market analysis report for 02 November 2016

Jaxx has Integrated Zcash in its Services

Jaxx, the popular multi-cryptocurrency wallet has recently integrated zcash into seven of their nine platforms and are currently awaiting confirmation from apple to add Zcash to the last two platforms missing.

13% of Bitcoin Nodes Support SegWit Release

Following the release of the Bitcoin Core version 0.13.1 update in which users can vote for or against the implementation of Segregated Witnesses.
13.7% of Bitcoin nodes has already upgraded to Bitcoin Core 0.13.1, supporting the activation of SegWit. Segregated Witnesses can help Bitcoin scale giving it a higher transaction per second (tps) capability without increasing the block size limit. The technology will be activated once 95% of all miners signal their approval. 

Ethereum Energy Startup Awarded Blockchain Patent

LO3, a Brooklyn blockchain startup that is seeking to use blockchain technology to reinvent enegry transfer networks, has been awarded a patent by the US Patent and Trademark Office (USPTO) for its work using the tech to facilitate peer-to-peer energy transfers.

Market- ethereum 3.85% up!  Bitcoin the same.

Bitcoin is down 0.31% at $721.92 with a volume of  Ƀ56k - 41M on the USD pairs. 

Litecoin is up 0.25% against the dollar for the day at $4.04 and up 0.77% to Ƀ 0.005633 on volumes of 507 BTC.

Ether is  up 3.85% against Bitcoin at Ƀ 0.01516 per Ether and up 3.58% against the dollar to $10.98 with average volume of 17k BTC on the ETH BTC pair.  - Ethereum has seen a weakness over the past 24 hrs due to a newly discovered bug that can affect smart contracts.

Zcash is up 246% for the day against BTC to 2.38 BTC per ZEC. Volumes on the pair are just shy of 7k BTC for the 24 hour period.

Thanks to Cryptocompare sending me this item.