🗞 Daily Crypto News, January 9th 💰

• US Government to Sell Bitcoin Seized from Dark Web Dealer
• EOS Has a $1 Billion War Chest – But Will Dan Larimer Stick Around Long Enough to Enjoy It?
• 2018 Could be Banner Year for Nvidia, Miners
• Harvard Professors Predict Bitcoin Collapse Due to Government Regulation
• 2018: The Year We Democratize Blockchain
• STEEM Trading Update

🗞 US Government to Sell Bitcoin Seized from Dark Web Dealer s

The US government has been approved by a federal judge in Utah to sell 513 Bitcoin and 512 Bitcoin Cash seized from an investigation involving Aaron Michael Shamo, a dark web dealer.

Read more & Source: https://news.bitcoin.com/us-government-sell-bitcoin-seized-dark-web-dealer/

🗞 EOS Has a $1 Billion War Chest – But Will Dan Larimer Stick Around Long Enough to Enjoy It?

On paper, EOS is a $6 billion company and the 14th largest cryptocurrency project in the world whose token changes hands for $10 a pop. It has raised over $700 million to date in the world’s longest running ICO, which began last June. By the time it’s done, the company, led by Dan Larimer, will have a $1 billion war chest at its disposal. The question is, will the charismatic founder stick around long enough to spend these riches?

Read more & Source: https://news.bitcoin.com/eos-1-billion-war-chest-will-dan-larimer-stick-around-long-enough-enjoy/

🗞 2018 Could be Banner Year for Nvidia, Miners

As reported by CNBC, Goldman Sachs analyst Toshiya Hari told clients that they could expect chipmakers to have another bumper year on the stock market.

"Nvidia is one of the few stocks in our coverage universe exposed to multiple secular growth markets. With the emergence of eSports and the potential proliferation of VR/AR, we view Gaming as a meaningful and sustainable growth driver for the overall company. In terms of single stock, our top picks in Semis and Semi Cap are Nvidia and Entegris."

Read more & Source: https://cointelegraph.com/news/2018-could-be-banner-year-for-nvidia-miners

🗞 Harvard Professors Predict Bitcoin Collapse Due to Government Regulation

According to some Harvard economics professors, Bitcoin will eventually be destroyed through the weight of government regulation. Professor Kenneth S. Rogoff believes that the risk of financial anonymity will eventually create an environment where regulation would crush Bitcoin. He said:

“Small anonymous transactions with virtual currencies…would be desirable but large-scale anonymous payments would make it extremely difficult to collect taxes or counter criminal activity.”.

Read more & Source: https://cointelegraph.com/news/harvard-professors-predict-bitcoin-collapse-due-to-government-regulation

🗞 2018: The Year We Democratize Blockchain

As the technology behind bitcoin nears its 10th year in the market, let's celebrate the positive.

The world has seen tremendous interest in blockchain across industries and countries, from thousands of new startups, to blockchain labs popping up in commercial and federal organizations, to a number of consortia established looking to solve their industry’s biggest challenges.

One can go so far as to argue that 2017 saw the democratization for cryptocurrencies.

Read more & Source: https://www.coindesk.com/2018-year-democratize-blockchain/

STEEM Trading Update by @cryptopassion

The BTC is correcting and so it is not so easy for the STEEM but look that pattern, I stay really confident about the STEEM :

Look that nice support line that I traced you in orange, this one is helping us since days now is looking very strong.

Look that nice "W" pattern which is currently in formation... If this pattern is validated, this is a very nice bullish pattern which should create us a very nice UP. Fingers crossed ;)

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