🗞 Daily Crypto News, March 26th💰

vlemon (76)in #bitcoin • 6 years ago (edited)

The Crypto 'Kill Switch': Monero Is Going to War Against Big Miners ;
China Filed The Most Blockchain Patents In 2017 ;
Crypto Exchange Huobi Registers With FinCEN Ahead of US Launch ;
Cryptocurrency and Equity Markets: Weekly Performance Overview ;
Misleading Cryptocurrency ”Partnership” Announcements Are Getting Ridiculous
📑 Daily Crypto Calendar, March 26th 💰
STEEM Trading Update by @cryptopassion

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

🗞 The Crypto 'Kill Switch': Monero Is Going to War Against Big Miners

Developers are preparing to go to lengths to keep one of the world's largest cryptocurrencies free from the encroaching interests of big business.

While a high-speed hardware known as an ASIC has been used to secure bitcoin transactions for years, mining hardware manufacturer Bitmain recently announced a new model, the Antminer X3, that has been purpose-built for mining the privacy-oriented cryptocurrency monero.

🗞 China Filed The Most Blockchain Patents In 2017

Data collected by Thomson Reuters from the international patent organization show that over half of the 406 patents in 2017 were from China: the country filed 225 Blockchain patents, followed by the US (91), and Australia (13).

🗞 Crypto Exchange Huobi Registers With FinCEN Ahead of US Launch

Huobi's U.S.-based operation has registered with the U.S. government as a money services business ahead of a planned rollout of crypto-to-crypto trading this spring.

HBUS Inc. is registered with the Financial Crimes Enforcement Network as of Mar. 21, according to the U.S. regulator's database. Huobi revealed in January that it was opening an office in San Francisco to serve as the hub for its planned push into the American market.

🗞 Cryptocurrency and Equity Markets: Weekly Performance Overview

Stocks took a beating across the globe last week with the U.S. market getting hit the hardest. The S&P 500 Index dropped by 5.95%, its largest weekly loss in over two years. A culmination of factors seems to have spooked investors, all within the larger context of a shift towards higher interest rates.

🗞 Misleading Cryptocurrency ”Partnership” Announcements Are Getting Ridiculous

Partnership announcements have long been a tool for pumping altcoins and shilling ICOs. In fact, promoters are now interpreting the term so broadly that if they are using Word to write a whitepaper or Gmail to handle communications they might as well claim to be partners of Google and Microsoft. The most infamous example of overstating partnerships is IOTA, but two recent examples show how the misleading practice is spreading and even evolving.

Daily Crypto Calendar, March, 26th

Bitcore (BTX)

Everyone holding at least 1.0 BTX in a registered BTX address is qualified for the weekly airdrop of 7% every Monday in March.

SolarCoin (SLR)

Increased promotion supported by external marketing company will be started Mar 26.

Waltonchain (WTC)

By Mar 26, Waltonchain team airdrops 4 FREC : 1 WTC to qualifying WTC wallet holders with 50 WTC or more in their personal wallet on Mar 21.

Bitcoin Gold (BTG)

"Centra has added Bitcoin Gold @bitcoingold $BTG to the #Centra Wallet & #CentraCard as a spendable digital asset."

OriginTrail (TRAC)

Mechta Release v0.4a brings a fully compliant GS1 EPCIS (product visibility) standard importer for OriginTrail.

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, we are unable to take distance from the support line in red. I drawn you 2 arrows with the 2 main objectives :

We are able to have a little up and we go test the resistance line in blue

We have a continuation in the drop and we go test quickly the downtrend line in violet which is now a support.

Please keep in mind that the Bitcoin has a big impact on these moves.

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6 years ago in #bitcoin by vlemon (76)

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mawit07 (66) 6 years ago

Thanks for the daily summaries. I think the monero war on miners is going to be big issue for crypto's development. POW has its flaws from being decentralized, maybe the start of its destruction? POS is becoming more and more the preferred choice for me. Thanks.

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