Good morning and TGIF Steemit! Ned "@ned" Scott announces Smart Media Tokens, Korea bans new ICOs and margin trading, and more
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.
STEEMBTC. Woot woot! Thank you @ned, STEEM-based Smart Media Tokens is the next step in evolution.
WTI going as planned, squeezed some more and dumped. Don't get overly bearish though. Maybe a little more to correct.
EURJPY daily. Fly little bird... follow the path. Let's dump it somewhere much higher
Thats it with the charts for now. Enjoy the end of the week, see you on weekend! Trade safe!
Title image from pixabay
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BuildTeam
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.
Thank you for your good work!
You're most welcome!
Thanks for sharing! Resteemed
This is incredible! Love it. @furious-one
**@furious-one got you a $6.41 @minnowbooster upgoat, nice!
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