🗞 Daily Crypto News, December, 17th💰

in #cryptocurrency • 6 years ago

  • When the Tide Goes Out: Big Questions for Crypto in 2019 ;
  • Japan Publishes Draft Report of New Crypto Regulations ;
  • Ethereum Unique Addresses Break 50 Million, Active Wallet Number Keeps Dropping ;
  • Hong Kong Exchange ‘Hesitant’ to Approve Bitmain IPO, Says Source ;
  • A Look at Some of 2018’s Most Popular Cryptocurrency Traders ;
  • 📑 Daily Crypto Calendar, December, 17th💰
  • STEEM Trading Update by @cryptopassion

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

🗞 When the Tide Goes Out: Big Questions for Crypto in 2019

After this year’s wild market ride and so many failed projects, what might Satoshi Nakamoto’s innovative “Bitcoin: A Peer-to-Peer Electronic Cash System” mean for money and finance in 2019 and beyond?

Satoshi’s innovation – the use of append-only timestamped logs, secured by cryptography, amongst multiple parties, forming consensus on a shared ledger – needs to be taken seriously. The resulting blockchains of data can form widely verifiable peer-to-peer databases.

For any chance of a lasting role in the long evolution of money, though, blockchain applications and crypto assets have to deliver real economic results for users. And while bringing the crypto finance markets within public policy norms is critical, the greatest challenge remains the seriousness of commercial use cases.

🗞 Japan Publishes Draft Report of New Crypto Regulations

Japan’s Financial Services Agency has published its draft report outlining new cryptocurrency regulations. The report contains measures in areas that are not currently addressed in existing laws such as hacking incidents, self-regulation, deemed dealers, privacy coins, and margin trading.

🗞 Ethereum Unique Addresses Break 50 Million, Active Wallet Number Keeps Dropping

The number of unique Ethereum (ETH) wallet addresses has broken 50 million on Saturday, Dec. 15, according to data from the ETH BlockExplorer Etherscan.

🗞 Hong Kong Exchange ‘Hesitant’ to Approve Bitmain IPO, Says Source

The Hong Kong Stock Exchange (HKEX) is reluctant to approve the initial public offering (IPO) applications of Chinese bitcoin mining equipment manufacturers, according to a person involved in the talks.

Following the 2017 cryptocurrency market boom, mining giants Canaan Creative, Ebang and Bitmain applied in May, June and September of this year, respectively, to sell shares on the HKEX. Bitmain’s bid, in particular, was seen as a watershed moment, as it marked the first time a major crypto startup sought to go public.

Price decline of Bitmain's major crypto holdings
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A Look at Some of 2018’s Most Popular Cryptocurrency Traders

Cryptocurrency trading is a popular pursuit, as the fluctuation of digital assets provides plenty of profit-taking opportunities. The volatility gives expert traders enough room to pull in daily profits by carefully predicting price movements. Digital currency fans follow a slew of sophisticated traders online because they frequently publish technical analysis (TA) or short-term outlooks for the crypto markets.

Philakone...

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📑 Daily Crypto Calendar, December, 17th💰

  • Repme (RPM)

"Over the next 3 months, we will be conducting 5 ERC-20 token balance snapshots and 5 subsequent airdrops to RPM token holders..."

  • Bankera (BNK)

Bankera Exchange Launch

  • Aegeus (AEG)

"The 17th has been the new due date."

  • HyperSpace (AMP)

"The HyperSpace Alpha launch is coming in twelve days."

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

image.png

Here is the current chart :

image.png

As you can see, we did an exact pullback on the resistance line in red as we just touched it. We need to see now if the drop will come back because most of the time this kind of pull back just confirms the previous direction, here it was a drop. So if we break the previous low, be prepared to an new acceleration in the drop... A clear break of this resistance line will cancell this pattern.

image.png

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6 years ago in #cryptocurrency by
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     6 years ago 

    I really don't know if it's a good or a bad thing the regulation in Japan. Without them you can do whatever the market wants, and now... the Government will tell you what you can and cannot do.

    Posted using Steeve, an AI-powered Steem interface

    [-]
     6 years ago 

    I would agree. You need some but not too much of it otherwise you will destroy this new technology, ecosystem...

    Posted using Partiko iOS

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     6 years ago 

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