**FEBRUARY 17th, 2018 - CRYPTOCURRENCY NEWS UPDATE - BTC $10,728 ETH $928 LTC $217 NEO $127 - LITECOIN FORK - LCC LITECOIN CASH - CHICAGO PROESUCTES CYPRTOCURRENCY CASE - Venezuela Cryptocurrency to Draw Investment From Turkey, Qatar-Official**

FEBRUARY 17th, 2018 - CRYPTOCURRENCY NEWS UPDATE - BTC $10,728 ETH $928 LTC $217 NEO $127 - LITE-COIN FORK - LCC LITECOIN CASH - CHICAGO PROSECUTORS CYPRTOCURRENCY CASE - Venezuela Cryptocurrency to Draw Investment From Turkey, Qatar-Official

NEWS UPDATE
OUR FIRST STORY

BTC $10,728 - What do you expect lambos everyday? We are not seeing this lower price as a call for action, regular tides, although a whale could jump at any moment.

ETH $928 - Same whale analogy.

LTC $217 - Whats it going to do now that the fork is over?

NEO $127 - Haters gonna hate, but I don't know any as of yet. You guys know anybody hatin on NEO?

OUR SECOND STORY
Venezuela Cryptocurrency to Draw Investment From Turkey, Qatar-Official

We are seeing governments throughout the realm slowly adopt cryptos.

Our latest example is Venezuela. We love #venezuela

Apparently Venezuela's government, under President Nicolas Maduro, wants to develop crytpocurrency for Venezuela called the, petro. Sounds like Petrol to me Nickolas. They are going to set it up called Petro coins for buying and selling oil? That is pure speculation based on zero evidence. At least I am honest when I lie.
Maduro has said that the sanctions against them from the Trump admin has forced them take action. The double digit inflation is driving decisions.

CARACAS (Reuters) - Venezuela's new "petro" cryptocurrency will attract investments from Turkey, Qatar, the United States and Europe, the country's cryptocurrency regulator said on Friday.

Citation: https://money.usnews.com/investing/news/articles/2018-02-16/venezuela-cryptocurrency-to-draw-investment-from-turkey-qatar-official?src=usn_gp

The government of President Nicolas Maduro, which says the petro will help skirt financial sanctions by Washington, has scheduled the first petros sale for Tuesday.

OUR THIRD STORY
CHICAGO

A cryptocurrency case is now making its way through Chicago federal court.

Charging documents say Joseph Kim was an assistant trader for a Chicago firm that recently formed a virtual currency group. He was charged Thursday. His attorney, Bill Ziegelmueller, didn't immediately return a telephone call seeking comment.

The complaint alleges Kim transferred more than $2 million of the company's cryptocurrency to personal accounts to cover his own trading losses. It says he made false statements to management to hide the theft.
Citation:http://amp.thenewstribune.com/news/business/article200803824.html

This isn't really a #cryptocurrency story per say. It is more of a money laundering story, it just so happens the format was in crypto. IMO I just imagine Chicago Police slipping on the ice trying to stop #cryptos. Okay back to the news.


Here is a picture of the tv drama Chicago PD. I thought it would be funny.
Here is another one of Chicago p.d. on ice. Poor bastards, move out of ice world.

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Sort:  

I hope this fork is not just another pump & dump.

At this point the #cryptocraze is so powerful right now nothing surprises me. The volumes today were crazy, watching it fluctuate like a water level. High tides and Low tides. Sometimes the whael's jump and splash the water all over. Its my favorite analogy. Cheers #CryptoFreinds

Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
BTCBitcoin10597.700$-5.45%26.28%
ETHEthereum929.687$-4.8%10.81%
LTCLitecoin219.924$-4.82%43.22%
NEONEO129.098$-5.75%17.06%

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