🗞 Daily Crypto News, March 20th💰

in #bitcoin6 years ago (edited)

  • DOJ, SEC Argue Vague Laws No Excuse for ICO Fraud ;
  • Newly Appointed PBOC Governor Once Called Bitcoin ‘Inspiring’, Praised Its Accessibility ;
  • Japan’s FSA Hosted Blockchain Roundtable For Central Banks, Regulators ;
  • US President Trump Bans US Citizens From Buying Petro ;
  • Ethereum’s ICO Whales Can Crash the Market at Any Time
  • 📑 Daily Crypto Calendar, March 20th 💰
  • STEEM Trading Update by @cryptopassion

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

🗞 DOJ, SEC Argue Vague Laws No Excuse for ICO Fraud

The U.S. government is pushing back against an effort to dismiss the charges it filed in an ongoing initial coin offering (ICO) fraud lawsuit.

In twin filings submitted Monday, the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) dismissed claims by defendant Maksim Zaslavskiy that U.S. securities laws don't apply to the sale of tokens tied to two ventures, one backed by real estate and the other by diamond holdings.

Read more & Source: https://www.coindesk.com/doj-sec-argue-vague-laws-no-excuse-ico-fraud-new-filings/

🗞 Newly Appointed PBOC Governor Once Called Bitcoin ‘Inspiring’, Praised Its Accessibility

Yi Gang, who was “unexpectedly” appointed to serve as new governor of the People's Bank of China (PBOC) on March 19, could soften the institution’s stance towards cryptocurrencies, given his previously reported positive views on Bitcoin (BTC).

According to reports from Chinese media, Yi spoke about Bitcoin at the end of 2013, when he said that the major cryptocurrency cannot be legally recognized by the PBOC in the near future. At the same time, he recognized the transactional potential of Bitcoin, adding that, “ordinary people have the freedom to participate.”

Read more & Source: https://cointelegraph.com/news/newly-appointed-pboc-governor-once-called-bitcoin-inspiring-praised-its-accessibility

🗞 Japan’s FSA Hosted Blockchain Roundtable For Central Banks, Regulators

On March 8 and 9, Japan's Financial Services Authority (FSA) hosted a roundtable where representatives of central banks, financial regulatory bodies, and academic institutions were invited to discuss issues pertaining to blockchain technology.

Read more & Source: https://www.ethnews.com/japans-fsa-hosted-blockchain-roundtable-for-central-banks-regulators

🗞 US President Trump Bans US Citizens From Buying Petro

President Donald Trump of the US has banned the Venezuelan government-backed cryptocurrency, the Petro, by executive order March 19, Bloomberg reports.

The ban reportedly comes as part of a campaign to put pressure on the Venezuelan government of President Nicolas Maduro. By the order, US citizens are banned from engaging in transactions using the oil-indexed digital currency.

Read more & Source: https://cointelegraph.com/news/us-president-trump-bans-us-citizens-from-buying-petro

🗞 Ethereum’s ICO Whales Can Crash the Market at Any Time

Crypto whales are generally thought of as wealthy traders with the ability to move markets via a single sell order. Yet the greatest whales of all aren’t traders but ICOs which own millions of ether worth billions of dollars. Over 3% of the total ethereum supply is estimated to be in the hands of ICOs, and when those projects cash out, as periodically happens, the effects can be dramatic.

Read more & Source: https://news.bitcoin.com/ethereums-ico-whales-can-crash-market-time/

Daily Crypto Calendar, March, 20th

  • Bytecoin (BCN)

"Release of an absolutely new, stable Bytecoin wallet. New design, features, and a fast synchronized blockchain for Bytecoin users."

  • Lisk (LSK)

Lisk's Max Kordek will be presenting at the Token20149 event in Hong Kong scheduled for 20th-21st of March, 2018.

  • FidentiaX (FDX)

fidentiaX will be a Platinum Sponsor for the Token2049 event held in Hong Kong on 20-21st March!

  • LeviarCoin (XLC)

Comprehensive whitepaper and roadmap released.

  • VeChain (VEN)

New minimum VET requirements for the X Series Nodes must be met by Mar 20th, 2018.

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-march-19th

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 :

As you can see, my prediction was correct!

We are now testing the resistance line at 2$ and till now we haven't been able to break it. We will need a nice UP volume to break that resistance line because immediatly after, we will have to break also the downtrend line. These 2 lines to break are making a big resistance and the only solution is the an important buying volume, without it, we will drop again soon..

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If steem gets cheaper, I'll buy more because I know for sure it will skyrocket before this year ends.

Indeed, I do think so too. Just downloaded the Beta - Steepshot App and it is GREAT !

I just bought some more Steem last week! Steemit is going to be huge in the next few years...

PS. I appreciate the great article @vlemon :)!

WARNING! The comment below by @blockchainfiend leads to a known phishing site that could steal your account.
Do not open links from users you do not trust. Do not provide your private keys to any third party websites.

For future viewers: price of bitcoin at the moment of posting is 8359.70USD

Good post 🖒
Always with you new

Great post!
Thanks for tasting the eden!

Thanks for the updates!

You are welcome.

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Happy about the news on Bytecoin. I hold some

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