#Cryptostings #1 - Sudden rise and storm dissipating

illyab (47)in #crypto • 6 years ago

#Cryptostings #1 - cryptos back to rise and storm dissipating?

Greetings, Steemians! Today I'll launch a daily series of small blog postings regarding the cryptomarket with up to three paragraphs called Cryptostings. Here I'll deliver short drops of information regarding possible trends and news to help spreading information regarding the market.

Relief in the crypto market?

Apparently, yes! According to reports in mainstream media, an optimistic tide to cryptocurrencies had just hit in and the market smiles upon this! After weeks of plummeting into the abyss, cryptocurrencies like Bitcoin, Ether and XRP started to rise after the debate on cryptocurrency regulations in the USA shifted in tone after the congress easened up the speech on cryptos.

This brought a wave of optimism as the Bitcoin, XRP, Litecoin and other currencies skyrocketed high, pulling up other secondary currencies. Investors celebrate, as the coins rise. But one shall remain vigilant, since the efforts to regulate and even ban crypto transactions are still at play.

This is still time for caution, though...

This is a moment of relief, of course. The market, constantly defined as a bubble by the mainstream media itself, now shows that is giving signs of stabilization and investors should take the chance to evaluate their approach on the cryptomarket. Of course, this is still no time for recklessness, because we have no idea about what lies up ahead.

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