🗞 Daily Crypto News, May, 19th💰

• Ethereum Foundation Advisor: SEC Lacks Fundamental Understanding of Core Nature of Crypto ;
• Switzerland First in Ranking of Top 10 Most Blockchain-Friendly Countries in Europe ;
• Indian Supreme Court Upholds Central Bank’s Crypto Dealings Ban Until July Hearing ;
• Bitcoin Hits One-Month Low As $10K Sell-Off Resumes ;
• Japanese Exchange Coincheck Eyes America for Expansion ;
• 📑 Daily Crypto Calendar, May, 19th💰
• STEEM Trading Update by @cryptopassion

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

🗞 Ethereum Foundation Advisor: SEC Lacks Fundamental Understanding of Core Nature of Crypto

William Mougayar, author of "The Business Blockchain" and advisor to the Ethereum Foundation, said in an interview with CNBC May 18, that regulators lack a foundational understanding of cryptocurrencies.

“The SEC is still trying to educate themselves, not just educate the public … Right now they are still grappling with it and for them the box that they play in is that they see all these cryptocurrencies as a security. But in reality not everything is a security. They want everything to play in that box.”

Read more & Source: https://cointelegraph.com/news/ethereum-foundation-advisor-sec-lacks-fundamental-understanding-of-core-nature-of-crypto

Switzerland First in Ranking of Top 10 Most Blockchain-Friendly Countries in Europe

Switzerland is ranked number one in a list of the top ten European countries for starting a blockchain company, according to a study released by blockchain conference BlockShow Europe 2018.

In the list of best countries for starting a blockchain company, Gibraltar and Malta follow Switzerland in second and third respectively. The study consisted of 48 European countries that were examined for rankings by Initial Coin Offering (ICO) regulations, regulations on crypto as a payment service, and taxation frameworks for crypto.

Read more & Source: https://cointelegraph.com/news/switzerland-first-in-ranking-of-top-10-most-blockchain-friendly-countries-in-europe

🗞 Indian Supreme Court Upholds Central Bank’s Crypto Dealings Ban Until July Hearing

The Supreme Court of India has decided that no petitions can be filed in any High Court of India against the Reserve Bank of India’s (RBI) April 6 circular about ending all dealings with cryptocurrency, according to local news outlet Inc42.

Citing a Twitter post May 17 from a team of Indian lawyers involved in crypto regulatory analysis, Inc42 reports that the Supreme Court has refused to pause RBI’s crypto ban and has ruled that no further petitions against RBI’s ban can be filed in any High Court. The Supreme Court has also reportedly set the next hearing date for the existing petitions for July 20, 2018.

Read more & Source: https://cointelegraph.com/news/indian-supreme-court-upholds-central-banks-crypto-dealings-ban-until-july-hearing

🗞 Bitcoin Hits One-Month Low As $10K Sell-Off Resumes

Bitcoin's (BTC) drop to one-month lows below $8,000 has strengthened the bear grip on the markets, the technical charts indicate.

The cryptocurrency fell to $7,925 on Bitfinex earlier today - the lowest level since April 18 and has retraced 50 percent of the rally from the April 1 low of $6,425 to May 5 high of $9,990.

Read more & Source: https://www.coindesk.com/bitcoin-hits-one-month-low-10k-sell-off-resumes/

🗞 Japanese Exchange Coincheck Eyes America for Expansion

Coincheck, the Japanese crypto trading platform that found new owners after it was hacked earlier this year, is now planning to offer services on the US market. The exchange expects to be licensed in Japan next month, according to the chief executive of Monex, the online brokerage which bought the troubled company last month.

Read more & Source: https://news.bitcoin.com/japanese-exchange-coincheck-eyes-america-for-expansion/

Daily Crypto Calendar, April, May, 19th

• BitShares (BTS)

Hard fork release for Bitshares Open Public TestNet time is scheduled at Sat, 19 May 2018 13:58:00 UTC.

• Pundi X (NPXS)

Private meetup in Beijing, China at 6PM (GMT+8).

• Achain (ACT), Ambrosus (AMB), Cryptocurrencies (CRYPTO), Genaro Network (GNX), Gnosis (GNO), Medicalchain (MTN), Nexus (NXS), NPER (NPER), Pundi X (NPXS), Starbase (STAR), SyncFab (MFG), United Traders Token (UTT)

World Blockchain Cryptocurrency Summit Moscow 2018 from May 19-20.

• Neblio (NEBL)

"Exciting new partnership for Neblio! More details to follow in the next week."

• Zcash (ZEC)

"We are excited to announce support for Zcash trading and custody. Starting on Saturday, May 19th at 9:30am ..."

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

Yesterday I was asking you some patience, it hasn't been verly long. We have a W pattern in formation which is a bullish pattern. We can already see that we broke already the resistance line in orange at 2.85$.

A little correction to go back on that line in orange is possible but I think the real next target is to go test the resistance line in red around 3.25$. Again you can see the patience is the key because we start to have some nice moves which are not always correlated to the BTC. A good new about the SMT by example could really change everything in only some days.

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