🗞 Daily Crypto News, September, 12th💰

in cryptocurrency •  9 days ago

  • Billion Dollar ICO Industry Governed by Securities Law, Judge Rules ;
  • SEC Takes Action Against ‘First US Regulated Crypto Asset Fund’ ;
  • Inside Bitewei: The New Bitcoin Miner Being Hailed as a Serious Bitmain Rival ;
  • TRON Price: Can eSports and Justin Sun’s Optimism Turn the Ship Around? ;
  • Cryptocurrency Markets Slump Midweek as Ethereum Hits New 2018 Lows;
  • 📑 Daily Crypto Calendar, September, 12th💰
  • STEEM Trading Update by @cryptopassion

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

🗞 Billion Dollar ICO Industry Governed by Securities Law, Judge Rules

U.S. V. Zaslavskiy, 17-cr-0647, U.S. District Court for the Eastern District of New York (Brooklyn), just might go down as a definitive case for cryptocurrency enthusiasts. Many, many billions of dollars generated through initial coin offerings (ICOs) are now, according to a federal judge, considered under the jurisdiction of securities laws.

Read more & Source: https://news.bitcoin.com/billions-of-dollars-ico-industry-is-governed-by-securities-law-judge-rules/

🗞 SEC Takes Action Against ‘First US Regulated Crypto Asset Fund’

The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that it has taken action against two cryptocurrency firms. Both mark the “first-ever” action of their kind by the Commission. One is against a firm which claims to offer the “first regulated crypto asset fund in the United States” and the other is against an “ICO Superstore.”

Read more & Source: https://news.bitcoin.com/sec-first-regulated-us-crypto-asset-fund/

🗞 Inside Bitewei: The New Bitcoin Miner Being Hailed as a Serious Bitmain Rival

Things haven't been easy of late for Bitmain.

After CoinDesk revealed the China-based crypto mining giant was planning an initial public offering (IPO) for September, the company has faced a wave of perhaps unprecedented scrutiny. On social media, allegations emerged Bitmain was everything from insolvent to presenting a rosy outlook for its financials, all the while investors linked to the funding effort backed away from the deal.

Now it appears Bitmain is facing a new and well-capitalized competitor.

Read more & Source: https://www.coindesk.com/inside-bitewei-the-20-million-bitcoin-miner-being-hailed-as-a-bitmain-rival/

🗞 TRON Price: Can eSports and Justin Sun’s Optimism Turn the Ship Around?

The overall bearish sentiment across the cryptocurrency is making its mark on virtually every single market. As of right now, the TRON price is under a lot of pressure and will remain in this position for the foreseeable future. This steep 8.2% drop was not what most people expected, but it is the name of the game at this stage.

Read more & Source: https://nulltx.com/tron-price-can-esports-and-justin-suns-optimism-turn-the-ship-around/

🗞 Cryptocurrency Markets Slump Midweek as Ethereum Hits New 2018 Lows

Cryptocurrency markets are feeling the pressure from an extended downturn on Wednesday, September 12, with Bitcoin (BTC) losing 2.5 percent and Ethereum (ETH) hitting its lowest levels since May 2017.

Data from Cointelegraph’s price tracker and Coin360 confirms the lackluster picture across cryptoassets continuing another day, with all of the top twenty coins — with the exception of Dogecoin (DOGE) — in the red.

Read more & Source: https://cointelegraph.com/news/cryptocurrency-markets-slump-midweek-as-ethereum-hits-new-2018-lows

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📑 Daily Crypto Calendar, September, 12th💰

  • Ethereum Classic (ETC)

"Second Annual Ethereum Classic Summit is Coming to Seoul! September 12-13 in Seoul."

  • Bionic (BNC)

"Something is big coming on 12 Sep. Stay tuned."

  • Bankex (BKX), General Event (CRYPTO), Humaniq (HMQ), Lamden (TAU), Sapien (SPN)

Join 3000 blockchain & cryptocurrency investors, entrepreneurs, professionals, and developers in Silicon Valley this September.

  • Silent Notary (SNTR)

SilentNotary is participating in a vote to be listed on Okex. The voting bot on telegram will be live until at 23:59 on September 12th.

  • Storiqa (STQ)

Okex exchange voting deadline. Users who following the steps and vote for Storiqa will receive airdrop.

Read more & Source: https://steemit.com/cryptocurrency/@vlemon/daily-crypto-calendar-september-12th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

As predicted yesterday, the drop is continuing on the STEEM and I'm really afraid we are going in the direction of the next support line around 0.30$. what to say more... if we don't try soon to go touch the 2 resistance lines in green, we are for sure going lower in the direction of the 0.30$.

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