Good morning and TGIF Steemit! Ned "@ned" Scott announces Smart Media Tokens, Korea bans new ICOs and margin trading, and more

in #money7 years ago

pixabay-tree-338211_960_720.jpg

Good morning traders & TGIF! Weekend is almost here! Yesterday evening and night saw some heavy crypto news. Let's review:

  • In case you live under a rock - Steem-based smart media tokens announced by Ned Post link. Some of you may need some easier explanation about this (so did I), so check out this post here. Thanks for linking, @reggaemuffin! This already gave STEEM a boost, let's now follow up. Don't know about you, but i'm powering up all available STEEM
  • Korea bans ICO-s and margin trading Crypto Korean. Uh-uh... some profit taking on crypto markets on this news, but it's not really that bad. Existing cryptos are still allowed to run, just no new scammer ICOs. And margin trading.... most crypto traders who are new to trading at all, have no idea about the threats of margin trading.
  • Diamond trading firm Exelco NV, one of the industry’s most storied names, has filed for bankruptcy protection in the U.S. Bloomberg

A quick glance at charts

BTCUSD daily. The Korean ICO and margin trading ban has seen us to some profit taking. Doesn't matter, still bullish.
btcusd korea ico ban has seen some profit taking but still a buy.PNG

STEEMBTC. Woot woot! Thank you @ned, STEEM-based Smart Media Tokens is the next step in evolution.
steembtc neds smart token announce allowed us to gat out of this dreaded triangle.PNG

WTI going as planned, squeezed some more and dumped. Don't get overly bearish though. Maybe a little more to correct.
wti as planned squeezed some more and reversed not overly bearish though.PNG

EURJPY daily. Fly little bird... follow the path. Let's dump it somewhere much higher
eurjpy daily following the path.PNG

Thats it with the charts for now. Enjoy the end of the week, see you on weekend! Trade safe!

Title image from pixabay

separator.png


unknown2.png
Are you looking for Minnowbooster, Buildteam or Steemvoter support? Or are you looking to grow on Steemit or just chat? Check out Minnowbooster Discord Chat via the link below.




BuildTeam

Sort:  

I just love your short descriptions for your charts. Keep them coming!

I hope they help you make some money :)

Very nice post, can we consider Korea as one of the leading players in the market?

Yes, we can! But banning domestic ICOs is not a big deal. I think they launched their own cryptoexchange too some time ago.
krw.PNG

Thank you for your good work!

You're most welcome!

Thanks for sharing! Resteemed

This is incredible! Love it. @furious-one

The @OriginalWorks bot has determined this post by @furious-one to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

For more information, Click Here! || Check out our contests as well!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.031
BTC 89741.18
ETH 3181.15
USDT 1.00
SBD 2.88