🗞 Daily Crypto News, October 11th 💰

in #bitcoin7 years ago (edited)

  • Russia to Block Access to Cryptocurrency Exchange Website
  • Russian President Vladimir Putin: Cryptocurrency Poses 'Serious Risks'
  • Abu Dhabi Markets Regulator Publishes ICO Guidance
  • Bitcoin Price Flash Crashes As Russia Proposes Crypto Exchange Ban
  • Signs Appear Suggesting Chinese Government May Have Entered Cryptocurrency Market
  • Challenging China: Taiwan Supports Mainstream Adoption of ICOs and Bitcoin
  • BTC Trading Update by @cryptopassion

🗞 Russia to Block Access to Cryptocurrency Exchange Website

The first deputy Governor of Russia’s Central Bank, Sergei Shvetsov, is reported to have stated that Russia will move to institute a nationwide ban on access to cryptocurrency exchange websites.

Read more & Source: https://news.bitcoin.com/russia-block-access-cryptocurrency-exchange-websites/

🗞 Russian President Vladimir Putin: Cryptocurrency Poses 'Serious Risks'

Russian president Vladimir Putin said in a meeting today that cryptocurrencies pose significant risks related fraud and money laundering.

Read more & Source: https://www.coindesk.com/vladimir-putin-cryptocurrency-poses-serious-risks/

🗞 Abu Dhabi Markets Regulator Publishes ICO Guidance

The government of Abu Dhabi has released new guidelines for those looking to organize or participate in an initial coin offering (ICO).

Read more & Source: https://www.coindesk.com/abu-dhabi-markets-regulator-publishes-ico-guidance/

🗞 Bitcoin Price Flash Crashes As Russia Proposes Crypto Exchange Ban

Russia’s central bank is planning to ban access to Bitcoin exchange websites, it was announced by Sergei Shvetsov, the first deputy governor at the Russian central bank.

Source Image

Read more & Source: https://cointelegraph.com/news/collapse-of-bitcoin-inevitable-according-to-harvard-economics-professor

🗞 Signs Appear Suggesting Chinese Government May Have Entered Cryptocurrency Market

After Chinese government’s ban of ICOs last month, there are continuous rumors saying that Chinese government is preparing to enter the cryptocurrency market. However, no official announcement has been made to verify the rumor.

Read more & Source : https://cointelegraph.com/news/signs-appear-suggesting-chinese-government-may-have-entered-cryptocurrency-market

🗞 Challenging China: Taiwan Supports Mainstream Adoption of ICOs and Bitcoin

Taiwan’s Financial Supervisory Commission (FSC) has expressed its support for the mainstream adoption of initial coin offerings (ICOs), virtual currencies, and Blockchain in the country. The move is similar to Japan’s friendly approach to the disruptive innovations and in contrast to the campaigns by China and South Korea against them.

Read more & Source : https://cointelegraph.com/news/challenging-china-taiwan-supports-mainstream-adoption-of-icos-and-bitcoin

BTC Trading Update by @cryptopassion

We almost touched the Top, only 30-40$ were missing but we failed.

So now we have to keep an eye on the resistance line. If we break it with volume, we could see the scenario 2 happening (see my previous post here about it : BTC - very close to the Top - 2 main scenarios).

It is possible also that we use that resistance line to take some more volume and go to break the TOP.

🗞 Daily Crypto News, October 10th 💰

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🗞 Daily Crypto News, October 6th 💰

🗞 Daily Crypto News, October 5th 💰

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Seems many government entities are trying to attack bitcoin and crypto currencies these days

Indeed... they fight to retain their monopoly. I can only see this increase.

Yes I am with you on that, they hate to loose control

There was a deep fall in price 9am Uk time from 4800 to 4200, but it rose back to 4700 within ten munutes,,, i bitcoin beats the resistance

The Market showed strong support to BTC but government pressures are intensifying.

So close to $5,000 would be really strange if it didn't go through it now. Here's a daily chart I just did https://steemit.com/bitcoin/@sharpshot/bitcoin-v-usd-daily-candlestick-chart-for-11th-october-2017

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