Daily Crypto News

in #bitcoin7 years ago

Hello steemians,

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After some days off it's time to come back with our beloved crypto news.

.Huobi's Bit VC based in Hong Kong is suspending BTC and LTC withdraws.
Bitfinex headquarter is based in Hong Kong so next PBOC moove to slow down Bitcoin could be to ask Bitfinex to suspend withdrawal as well. Btc Price would tank fast for some days and recover after as usual.
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.Bitfinex sues Wells Fargo for Bank transfert Freeze.

.Btce change his banking account and won't be able to process USD wire until end of april.

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Are we witnessing the beginning of governments and banks war against bitcoin to disrupt exchanges channels or is it simply hazardous that chinese exchanges, btce ,bitfinex have simultaneous problems? Time will tell us.

Altcoins market are cruising in bull run mode with no sign of end. All signals are green for altcoins, healthy corrections , average users connected to poloniex 50% over last months average, daily volume stay steadily high.
There is a mid term revalorisation of altcoins projects, segwit acivated, gaming and masternodes coins are clearly in strong demands lately.
Basically every stong developped or news related coins get a chance to see their values increases dramatically.
We will keep focus on news and adoption metrics to avoid investing in bubbles and anticipate market reactions.
Hard to be wrong if we focus on fundamentals with cautious expected valuation.

Bitcoin price is pretty enigmatic lately and add a spicy factor to altcoins trading.

Even if bitcoin price have nebulous correlations with geopolitic, economic data, price of gold, inflation rates and so many others externals factors still we will see over time from our experiences and price observations if we can find interactions helping us to anticipate Mid term to Long term tendancies.

Don't hesitate to participate by commenting and add your point of view, it's only by interacting together, mixing ideas, knowledge, data and advice that we get a better understanding of the situation.

                                     Have a great day!

Links:
https://twitter.com/cnLedger/status/850247652029513730/photo/1
http://www.coindesk.com/bitcoin-exchange-bitfinex-sues-wells-fargo-over-bank-transfer-freeze/

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cnLedger cnLedger tweeted @ 07 Apr 2017 - 07:23 UTC

Huobi's BitVC, an exchange w/ futures & margin trading, is now suspending bitcoin & litecoin withdraws. Note that B… twitter.com/i/web/status/8…

Disclaimer: I am just a bot trying to be helpful.

is BTC and LTC it is very influential to bpoc, so that the slow bitcoin

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