🗞 Daily Crypto News, March 19th💰

in #bitcoin7 years ago (edited)

  • Bitcoin Price Surges 10% as G20 Will Not Crackdown on Cryptocurrencies ;
  • China Gov’t-Linked Investment Org Plans Int’l Blockchain Center, Leaked Doc Says ;
  • Coincheck Drops Anonymous Monero, Dash, Zcash ;
  • Initial Coin Offerings Must Learn From Theranos ;
  • New York Is The First In U.S. To Ban Crypto-Mining After Operations Deplete 10 Percent Of Town’s Electricity
  • 📑 Daily Crypto Calendar, March 19th 💰
  • STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Bitcoin Price Surges 10% as G20 Will Not Crackdown on Cryptocurrencies

The G20’s announcement that it will pivot away from creating new regulations in favor of examining existing rules gave the cryptocurrency market a much needed seeing Bitcoin surge by $1000.

“The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time,”

Read more & Source: https://www.newsbtc.com/2018/03/19/g20-announces-no-new-regulations-and-bitcoin-shoots-up-1000/

🗞 China Gov’t-Linked Investment Org Plans Int’l Blockchain Center, Leaked Doc Says

The government-linked Investment Association of China (IAC) is planning to create an “International Blockchain Investment Development Center,” aimed at introducing industry standards and Blockchain investment alliances and funds, local news outlet The Paper reported March 14.

Read more & Source: https://cointelegraph.com/news/china-govt-linked-investment-org-plans-intl-blockchain-center-leaked-doc-says

🗞 Coincheck Drops Anonymous Monero, Dash, Zcash

Coincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the darknet, a cybersecurity expert claims.

Read more & Source: https://news.bitcoin.com/coincheck-drops-anonymous-monero-dash-zcash/

🗞 Initial Coin Offerings Must Learn From Theranos

On Wednesday, the United States Securities and Exchange Commission (SEC) filed charges against Theranos Inc as well as its disgraced CEO, Elizabeth Holmes, and former president, Ramesh "Sunny" Balwani. While conducting a post-mortem, it's easy to see immediate parallels between the privately-held fraudulent blood-testing company and many initial coin offerings (ICOs).

Read more & Source: https://www.ethnews.com/initial-coin-offerings-must-learn-from-theranos

🗞 New York Is The First In U.S. To Ban Crypto-Mining After Operations Deplete 10 Percent Of Town’s Electricity

In a town where electricity comes cheap, and electricity flows quickly, cryptocurrency miners have flocked to its source off the St. Lawrence River, taking full advantage of its currents, depleting the town of almost 10% of its electricity.

Read more & Source: https://themerkle.com/new-york-bans-crypto-mining/

Daily Crypto Calendar, March, 19th

  • Quantstamp (QSP)

Quantstamp presenting their prototype at the YCombinator Demo day during March 19-21 at the Computer History Museum in Mountain View, CA

  • Worldcore (WRC)

New version of Worldcore Android app supporting Bitcoin and Ethereum to be released on Monday.

  • Cardano (ADA)

Cardano's first ICO (Traxia) begins public presale.

  • Ark (ARK)

ARK’s CTO, François-Xavier Thoorens, will be presenting at the University of Geneva about Blockchain technology and ARK

  • AppCoins (APPC)

"AppCoins will take part in the world's largest professional game industry event: The Game Developers Conference (GDC), in San Francisco!"

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-march-18th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

So after the break of the 2$ support line yesterday, it looks like that the levels of 1.50$ have been stronger and that it paused the drop.

We are now starting a little bounce but we will quickly meet some resistance lines. We will have first the 2$ resistance line but also a downtrend line that we could test at the 2$ level also.

Let's see what will be the result of this test. As the BTC, if we are able to break these 2 lines, it could be the start of a change of trend and the beginning of a great bounce. Let's see my friends.

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Could this just be a dead cat bounce?

It could be but I hope it is not only a dead cat bounce :D.

lol with the mining. No doubt if electricity is cheap there will be people mining. This is no longer a hobby, it is some people's livelihood. Doubt crypto coins have much more to fall with all this demand.

G-20 and China trying to allow the crypto world evolve is another reason to go long cryptos. Thanks!

Amen, I think this G20 decision to be open to Blockchain / Cryptos is a good sign.

good summary, as usual. I managed to get some cheap STEEM :]

How Cheap ? :D $1.6?

around this price, 0.003225 ETH back then :)

Am stunned,ctypto mining can deplete a town's electricity by 10%

That's shocking but very possible. Only "green" coins are the future.

Thanks for the updates!

great post! i like it! :^D

so far it was a great track for the bitcoin to rise up, It's certainly a huge correction from december 2017 process, I really do hope the reason why it bears down is for the development of the blockchain, so everyone can used cryptocurrency, nevertheless thank you for sharing this informations and analysis so that investors and people who wants to join the cryptocurrency world are aware in this types of situations. keep it up! have a wonderful steemit journey!

To be honest, I'm surprised China hasn't already done that. The bit about the power usage for Bitcoin mining in NY was kind of hilarious! Thanks for the compilation!

The trends show that the next 2 weeks will be crucial for this year to decide whether we have a bull or a bear market. Right now there is so much of volatility that not much can be predicted.
A lot of information. Thanx for sharing.

Good stuff vlemon !

I will be pleasured if you take a look at this post: https://stееmit.com/@qurator/the-daily-qurator-186-or-upvoting-at-usd0-03-usd7-90-or-qurator-3-0-is-here-bigger-and-better and give me a feedback!

I will follow your future posts!

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