🗞 Daily Crypto News, January 16th 💰

• Housing or Dotcom: Which Bubble Does Cryptocurrency Mania Resemble?;
• 5 Blockchain Developments Coming in 2018;
• Bittrex Has Two Popular Hashtags on Twitter for the Wrong Reasons;
• France Appoints a Cryptocurrency ‘Mission Leader’
• The Futility of Government Bans – Bitcoin Always Finds a Way
• STEEM Trading Update

🗞 Housing or Dotcom: Which Bubble Does Cryptocurrency Mania Resemble?

"It seems like the dotcom bubble all over again, or the housing bubble all over again."

That's Robert Shiller, the Nobel Prize-winning Yale economist, quoted in Fortune magazine's cover story on bitcoin.

So: dotcom or housing? Pick one, professor. Because there's a meaningful difference..

Read more & Source: https://www.coindesk.com/housing-dotcom-bubble-cryptocurrency-mania-resemble/

🗞 5 Blockchain Developments Coming in 2018

During the course of 2017, we saw big technology players making moves in blockchain.

In addition to Microsoft and IBM, Oracle announced in October a new cloud-based blockchain-as-a-service offering, while SAP opened up early access to its own version of the offering in May. With these updates, and others, it's safe to say that Fortune 500 companies are now pairing with providers to explore blockchain’s uses in their businesses

Read more & Source: https://www.coindesk.com/5-blockchain-developments-coming-2018/

🗞 Bittrex Has Two Popular Hashtags on Twitter for the Wrong Reasons

Running a cryptocurrency exchange has never been easy. In the first few years of Bitcoin’s existence, there wasn’t even enough demand to warrant such trading platforms. Things have significantly changed since, but that doesn’t mean the job has become any less difficult. The Bittrex exchange, for example, seems to be suffering from some oddities. Hundreds of users have taken to social media to complain about locked accounts or problems completing trades on the platform. As a result, the #BittrexSucks hashtag is trending on Twitter right now.

Read more & Source: https://themerkle.com/bittrex-has-two-popular-hashtags-on-twitter-for-the-wrong-reasons/

🗞 France Appoints a Cryptocurrency ‘Mission Leader’

Week after week regulators and governments have been announcing plans to regulate digital currencies like bitcoin. This week in France on January 15 the Minister of the Economy Bruno Le Maire announced his decision to create a “digital currencies mission” and a working group that will work towards regulating cryptocurrencies. In addition to the digital currency objectives, Le Maire appointed the former Bank of France (BOF) deputy governor, Jean-Pierre Landau, as the new working groups leader.

Read more & Source: https://news.bitcoin.com/france-appoints-a-cryptocurrency-mission-leader/

🗞 The Futility of Government Bans – Bitcoin Always Finds a Way

Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin cannot be stopped.

Read more & Source: https://news.bitcoin.com/the-futility-of-government-bans-bitcoin-always-finds-a-way/

STEEM Trading Update by @cryptopassion

The STEEM is currently consolidating inside a Triangle pattern and a Break Out is soon expected :

As you can see, one of the line of the triangle is our previous support line. I think we have more probabilities to have a UP Break Out but no one can be sure at 100% so the safer way is to wait the Break Out and follow the trend...

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