Cryptocurrency Updates 04 March 2018

in #cryptocurrency7 years ago

Top Cryptocurrency Updates 04/03/2018

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VC Investments In Blockchain Companies On Track To Exceed 2017’s Numbers

VC Investments In Blockchain Companies On Track To Exceed 2017’s Numbers The amount of venture capital fundraising for Blockchain-based companies so far in 2018 has already reached more than 40 percent of last year’s total, according to a report released by Crunchbase News on Feb. 27. Crunchbase News determined the companies to include in their data analysis.

Auctus Releases the First Blockchain Based Retirement Planning Platform

Auctus, the world’s first platform for smart contract-powered retirement plans, which allows you to create customized retirement focused portfolios, consisting of traditional assets and cryptocurrencies, just released their alpha platform on Ethereum’s Rinkeby testnet.

The released platform allows you to choose between portfolio recommendations, created by the community, in the human advisory marketplace, or be assisted by a robot advisor which will recommend you a tailored portfolio, taking your targets and profile into consideration.
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SEC Subpoenas TechCrunch Founder’s Crypto Fund — And Everyone Else, Too

While the U.S. Securities and Exchange Commission dishes out subpoenas to cryptocurrency projects like a generous house doles out candy on Halloween, TechCrunch founder Michael Arrington’s $100 million cryptofund has also come under investigation.

‘They Just Have to Figure out What They Want.’ TechCrunch founder Michael Arrington’s $100 million cryptofund has been subpoenaed by the U.S. Securities and Exchange Commission — which is no skin off Arrington’s back.

Lockchain to Dramatically Expand in Early March

Unless you have been living under a rock, you’ve seen Lockchain’s project mentioned on most news outlets. If you haven’t yet then you should absolutely check out their project on their website.

Lockchain is “The First Hotel Booking & Vacation Rental marketplace With 0% Commissions” within the blockchain, and aims to become the new go-to hotel and property booking website for the travelers of today.

Bitcoin Comes Down From $11,500 Highs To Challenge $11k Support

Bitcoin Comes Down From $11,500 Highs To Challenge $11k Support Bitcoin is retesting support at $11,000 after reaching highs of $11,528 Sunday, the latest cross-exchange data shows. According to Coinmarketcap, Bitcoin retook the $11,000 mark early Saturday before resistance closer to $12,000 kicked in a day later.

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The market needs liquidity from the VC funds, before mass adoption kicks in. This is 2018 biggest challenge.

Definitely 2018 brings much more.

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