UK Crypto Exchange Launching Bitcoin Futures | 15th of March 2018
Are you looking to see the latest cryptocurrency news? Well, you're in a right place!
Today is the 15th of March and, again, a lot of exciting news and events are taking place in the cryptocurrency-world. And as always, I'm going to cover the most important stuff that's going on.
This is a part of my Daily Cryptocurrency News-series. For more check out my Steemit and Youtube.
Top Cryptocurrency Newstories For Today
These are in a completely random order
1- Thailand Begins To Regulate And Tax Cryptocurrency
As I said a few days ago in my Daily Crypto News-post, Thailand is looking to start cryptocurrency regulations.
Now, The cabinet of Thailand has principally approved two royal decree drafts aimed at regulating cryptocurrency transactions and imposing taxes on capital gains from crypto investments. Before its approval into law, the drafts must be reviewed by Thailand’s Council of State.
Read more
2- UK Crypto Exchange To Launch Bitcoin Futures Contracts
UK base crypto exchange, Coinfloor is launching Bitcoin futures.
Notably, unlike some of its competitors, Coinfloor will offer physically settled futures contracts, meaning that when the contract is set to expire, the actual asset being traded will be delivered (in this case, bitcoin). The bitcoin futures contracts offered by CME and Cboe are cash settled and do not deliver bitcoin to the contract's owners.
Read more
3- Electronic Frontier Foundation Adds BCH Payment Option
Recently, several organizations, including the Electronic Frontier Foundation (EFF) have misleadingly listed both Bitcoin (BTC) and Bitcoin Cash (BCH) under one payment option, Bitcoin.
Yesterday the EFF tweeted that they'll be accepting Bitcoin Cash-donations from now on, but their website shows a lack of understanding about the difference between BTC and BCH, as they're both listed as one payment option, Bitcoin.
Read more
4- South Korea Raids 3 Crypto Exchanges
This week, three cryptocurrency exchanges were raided by South Korean prosecutors over suspicions that staff embezzled funds from customers' accounts. Exchange staff, including executives, are suspected of siphoning off money from customer accounts and using it to purchase cryptocurrencies at other exchanges
One prosecutor was quoted as saying
"The firms turned up on our radar in January during our investigation of suspicious money transfers between Bitcoin exchanges that were detected during an audit by the Financial Services Commission and the Korea Financial Intelligence Unit."
Biggest Events Taking Place In Tomorrow
1- IOTA (MIOTA): Business Plan at BBC Tokyo
Presentation of business plans at the Blockchain Business Camp Tokyo.
Source
2- Einsteinium (EMC2): Weeee Cash Release
March 16th will be the release date for Weeee Cash.
Source
3- NEO (NEO): Sydney Meet Up
NEO will make its first visit and a meet-up in Australia
Source
4- Einsteinium (EMC2): Mobile App Launch
Einsteinium EMC2 social/payment mobile app release on March 16th.
Source
5- Neblio (NEBL): Trifid Airdrop
Trifid will be airdropped to all NEBL holders with a balance greater than 1.0 NEBL at a 100:1 ratio. The snapshot will be taken on March 16.
Source
Top Gainers Of The Day
These are the top gainers of the cryptos ranked as 1-100 on CoinMarketCap
Top Gainers Of The Day
These are the top gainers of the cryptos ranked as 101-200 on CoinMarketCap
Top Losers Of The Day
These are the top losers of the cryptos ranked as 1-100 on CoinMarketCap
Top Losers Of The Day
These are the top losers of the cryptos ranked as 101-200 on CoinMarketCap
That's it!
Another day, another set of news. There's a lot going on in the crypto world right now. Many different countries have started to release some regulation plans for cryptocurrencies. Also, there was the news of Google banning all cryptocurrency related ads, which actually led to a hefty drop in cryptocurrency prices,
Today, Bitcoin bounced back from the $7700 low to almost $8500. After that initial bounce, we have gone down a little bit, but nothing major so far. Are we going to retest $6000 or will this be the beginning of a new moonshot? Are you bullish or bearish?
What do you think?
Share your thoughts about the current situation of cryptocurrencies in the comments below! I'd love to hear them!
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Peace!
If you haven't already, go check out yesterday's news!
Also, go check out the last Honest Altcoin Review-article I did (I talk about Reddcoin)!
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I’m bullish #hodl avoid the fud, and use logical thinking. Although your fud could be you being logical, for me, it’s being bullish
I'm going to always stay long-term bullish, but right now feeling pretty bearish... Most likely a retest of the double bottom at $6,000 coming.
I hope you enjoyed the article :)!
I did! Thanks for the post! And if my advice counts for ananything, if you are long term bullish, I would keep buying and dollar cost average, if you think it will eventually rise again, cause we don’t know for sure what the price is going to do. You could be holding on to cash for a better price and then it goes on a bull run and you are stuck scratching your head 😂 but that just my personal logic
Right now, been in cash since $11,500. Of course, still hodling/buying more my long-term holds because I know that they'll be great in 1-5 years.
For BTC, I'm just looking for the $6,500-$6,750 area to rebuy. There is a really long-term bullish trend-line at ~$6,750, and there is a possibility that we're going to retest the $6,000 double bottom. I'm generally just looking for some confirmation before I put my cash back in. Wheather it's going up or down, I've got no idea.
I'm glad you enjoyed the article :)!
Great articles
Nice format
Thanks!
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