This is NOT financial advice
Market Analysis
- BTC dipped down below $8,000 levels, reaching a low of $7,700 before rebounding to $7,925
- I would be weary of going long, as this looks like a fake breakout with it’s low volume, but it’s too early to be certain
Daily News
- Coinbase Announces Support for Ethereum ERC20 Tokens
https://www.ccn.com/coinbase-announces-it-will-add-erc20-support/
Coinbase announced today their intention to support the Ethereum ERC20 technical standard in the coming months. However, they are treading cautiously on the decision to add new coins. Since Coinbase is not a licensed broker, at least not yet, it cannot trade instruments that qualify as securities. The SEC is still conducting dozens of investigations concerning initial coin offerings (ICOs) and the regulator seems to be gathering information in an effort to make a ruling on when a crypto token is a security.
This is reflected in the market sentiment as historically, Coinbase announcements have caused huge retail influxes of retail investors, erratic price swings, and even allegations of market manipulation. But prices are down across the board today and there has been very little reaction to Coinbase’s momentous announcement.
- Twitter Will Ban ICO Ads Starting Tomorrow
https://www.coindesk.com/twitter-will-ban-crypto-ads-starting-tomorrow/
Twitter announced Monday that cryptocurrency advertisements would be banned from the website starting Tuesday. All ads related to initial coin offerings (ICOs), token sales, exchanges and wallet services - excluding public companies listed on major stock markets - will be removed from the site. Twitter CEO Jack Dorsey has previously acknowledged the proliferation of cryptocurrency scam accounts, pledging to crack down on users or bot accounts seeking cryptocurrencies from others.
- Majority of $550 Million Stolen NEM Already Laundered: Report
https://www.ccn.com/majority-of-550-million-stolen-nem-already-laundered-report/
The hacker(s) behind the $550 million theft of 500 million NEM tokens from Japanese cryptocurrency exchange Coincheck are reportedly close to cashing out their ill-gotten gains completely. As things stand, the money launderers are expected to cash out their coins – already swapped from NEM to other cryptocurrencies like bitcoin – in overseas exchanges that do not adhere to stringent know-your-customer (KYC) or ID norms.
Meanwhile, Tokyo-based Coincheck has kept its promise to refund NEM holders impacted by the breach by beginning to distributing reparations in Japanese Yen on March 12.
Other News
South Korea’s Largest Multi-Billion Dollar Conglomerates Enter The Cryptocurrency Market
https://cointelegraph.com/news/south-koreas-largest-multi-billion-dollar-conglomerates-enter-the-cryptocurrency-market
Wall Street Analyst Lowers Price Targets Of AMD, Nvidia Shares In Reaction To Bitmain Competition
https://cointelegraph.com/news/wall-street-analyst-lowers-price-targets-of-amd-nvidia-shares-in-reaction-to-bitmain-competition
Cboe Prods SEC on Bitcoin ETF Approval in New Letter
https://www.coindesk.com/cboe-argues-for-allowing-bitcoin-etfs-in-new-letter-to-sec/
Gov’t-Owned Entity Launches Blockchain-As-A-Service Platform In China
https://www.ethnews.com/govt-owned-entity-launches-blockchain-as-a-service-platform-in-china
Bitcoin is Gaining Legitimacy in Europe as Dutch Court Deems it Transferable Value
https://www.ccn.com/bitcoin-is-gaining-legitimacy-in-europe-as-dutch-court-deems-it-transferable-value/
Upbit Launches Cryptocurrency Index While Parent Company Dunamu Invests $92 M In Blockchain
https://www.ethnews.com/upbit-launches-cryptocurrency-index-while-parent-company-dunamu-invests-92-m-in
Stellar Founder/Ripple Co-Founder Cites Importance Of Decentralization
https://www.ccn.com/stellar-founder-ripple-co-founder-cites-importance-of-decentralization/
Australia Seeks Public Input on Crypto Tax Guidelines
https://www.coindesk.com/australia-seeks-public-input-crypto-tax-guidelines/
Bull needs bear bath . This always has been the case . Inexperinced hands shake off , overtime it also heals and becomes matures. Under the hood blockchain continues to attract more and more core projects into it. And thats exciting to watch as the wider adoption and speculation unfolds.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
bitcoin don`t care
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very nice analysis. . amazing information about cryptocurrency.. this update news helps us to move forward in this platform. . @boxmining
Thank you so much for revealing another great news which is very useful. .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
To me it looks like Cryptos being pushed down due to FUD and news of possible regulation. HODL. Short term is uncertain. Long term looks good.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@boxmining You are really a great man and always come with great news You share a lot, you spend your time for keeping us upto date, well the market is moving forward, good for us.
Congress sees valuable uses for blockchain in the medical sector. The report acknowledges that blockchain could help coordinate health records by reducing paperwork burdens and preventing medical errors. It also acknowledges blockchain technology could provide powerful solutions for portability, enabling medical records to be carried on smartphones and mobile devices with very little risks of vulnerability to cyberattacks.thanks for sharing I appereciate you for that
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
awesome analysis first time reading your post I like it Great thoughts
BTC dipped down below $8,000 levels, reaching a low of $7,700 before rebounding to $7,925
I would be weary of going long, as this looks like a fake breakout with it’s low volume, but it’s too early to be certain
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
this condition will be complicated. in general would have an impact on the loss of trust. doing imaging to clear the name will take a long time. but it needs to be taken seriously, because it deals with people's finances. surely there are many who are harmed, although on the dark side there are many who benefit. Good luck
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Its confusion all over crypto market
Well when the come to fly crypto
In space.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
may be. but not yet certain
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
These social networking sites see crypto as a competition that they can't overcome. That's why they've started to ban em
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
For bitcoin or crypto's in general's price to go back up, I think we're gonna need real adoption this time. The december-january hype is over.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
they will try their best to supress crypto growth
as they cant compete with it
thanks for keeping us updated
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Twitter is the latest social service to boot out cryptocurrency advertisers. The company told Reuters it will be launching a new policy this week to prohibit the advertising of token sales/initial coin offerings (ICOs), and crypto wallet services. Ads for cryptocurrency exchanges will also be banned — with some limited exceptions. Facebook announced a ban in January, while Google said earlier this month that it will ban them from June.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for sharing i like your post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
BTC will surely go up, we have to have patience. And about Twitter, isn't it obvious. Every social media platform is going to ban everything related crypto. Crypto is taking the market share of these platforms. It was bound to happen, let them do what they want to do.
Lol. Haters gonna hate.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
LIMITED OFFER! Send 1 SBD or STEEM to @fubaki0651 with post URL in Memo and get 4 SBD upvote on your post. Pre-service-launch PROMOTION is valid till 1st april..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amazing bitcoin....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good round up.
I genuinely see the Twitter/Facebook/Google bans as being a good thing, if they prevent scam coins from taking money from new investors (hopefully, experienced investors and traders will be better equipped to spot the crap). It's almost the start of self (decentralized) regulation.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you always giving good idea and information of cryptocurrency,,,thanks for sharing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
they are try their best to crypto growth
thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good bitcoin
@boxmining
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you Michael for your great work. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks a lot Mikel for your digest updates. Really epic work my friend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
First, it was facebook banning, then Google, now twitter! How many more?
But anyways, the effect on digital currencies can only be short term as proved by the previous bans.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's great news very inspiring. I appreciate your work. Crypto is for hodler not for panic sellers.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you always giving good idea and information of cryptocurrency.your nice analysis to help doing for my steemit work properly.its very important to doing improved forward in this platform.crypto is talking always the market share of these platforms.thanks to sharing for your good news and amazing updates..dear @boxmining
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit