Cryptocurrencies Market Overview - March 20, 2018

in cryptocurrency •  7 years ago 

Today in the news:

  • The Bitcoin price rises above $8,500.
  • The G20 considers cryptocurrencies as assets, not as currencies.
  • Bittrex will delist 82 different altcoins on March 30th.
  • The Hong Kong Stock Exchange wants to develop a blockchain based settlement system.
  • The US Federal Trade Commission launched a blockchain working group.
  • And more crypto news below...

24 Hour Change

Realtime chart on my website CoinMarkets.today

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Bitcoin daily chart

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Latest Crypto News - March 20, 2018

$9K Ahead? Bitcoin Looks North After Bull Breakout

Bitcoin (BTC) looks set to extend its two-day winning streak and could soon test the $9,000 mark, technical analysis suggests.
Read more: www.coindesk.com

More sources about Bitcoin's price:

Below $500? Ether Price Seeks Floor After 40% Decline

The 40 percent month-on-month decline of ethereum's ether cryptocurrency has pushed the long-term price floor down to $300, the technical charts indicate. As of writing, the world's second largest cryptocurrency by market capitalization is changing hands at $534, as per CoinMarketCap.
Read more: www.coindesk.com

G20 Considers Crypto As Assets, Not Currencies, According To Document Draft

A draft of a G20 document -- acquired by Bloomberg -- reads that cryptocurrencies “lack the traits of sovereign currencies,” implying that the G20 considers crypto to be an asset rather than a currency, Bloomberg writes today, March 20.
Read more: cointelegraph.com

Other sources:

Hong Kong Stock Exchange Looks to ASX for Blockchain Equity Settlement

The Hong Kong Stock Exchange (HKEX) is looking to follow its Australian counterpart in developing a blockchain settlement system.
Read more: www.coindesk.com

Other sources:

Bittrex to Delist 82 Altcoins at End of March

Bittrex will delist 82 different altcoins on March 30th. The exchange has stated that the delistings are taking place in order to ensure that all tokens listed meet the platform’s “strict coin listing criteria and have a properly functioning blockchain and wallet”.
Read more: news.bitcoin.com

Other sources:

Asset-Based Coins Will Eventually Replace Small Cap Stocks, Says Kevin O'Leary

Kevin O'Leary told CNBC on Monday he's working on a deal to allow a "very prestigious brand hotel" in New York sell ownership in the company through a $400 million cryptocurrency offering instead of a stock IPO.

French Finance Minister Changes his Mind About Cryptocurrencies

In an interview on the Numerama website on Monday 19, Finance Minister Bruno Le Maire warns that France will not miss this technological revolution. A fierce opponent of bitcoin only a few weeks ago, Bruno Le Maire seems to have changed his opinion about cryptocurrencies. The Minister of Finance said that “we will not miss the blockchain revolution!”
Read more: www.coindaily.co

Other sources:

Ripple's XRP Just Might Be the Next Big Crypto Futures Market

A little-known British crypto company has already turned XRP futures into a budding business worth over $30 million a month.
Read more: www.coindesk.com

US Federal Trade Commission Creates Blockchain Working Group

The US Federal Trade Commission launched a Blockchain Working Group to study the way blockchain and crypto impact the agency’s objectives.
Read more: cointelegraph.com

Russian Government Resolves Disagreement on Draft Crypto Law

The Bank of Russia and the country's Finance Ministry have reportedly resolved a disagreement over the specifics of a proposed cryptocurrency law.
Read more: www.coindesk.com

Venezuelan Politician Blasts US Sanctions as Petro ICO Goes Public

A politician from Venezuela's ruling party has denounced U.S. sanctions against the petro, as the sale of the token opens to the public.
Read more: www.coindesk.com

Other sources:


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Market is looking green and bitcoin is again on road to success by clearing some hurdles that it faced in this month.

Qtum really exploded after that Binance listing. ETC also seems to be outperforming the market for some reason.

qtum has been a monster lately

With such positive sentiment towards crypto coming out of the G20 conference, I think that this market is about to really grow some wings and fly!

The Petro is a very interesting case study for a national crypto. I wonder if other nations will have a smoother time launching their cryptos (less chance of sanctions and other opposition). I would be interested in buying into the Estonia crypto which has been spoken about.

the orange one in office gave Petro the bird lately...
[Donald Trump has signed an executive order imposing new sanctions against Venezuela for its controversial 'petro' cryptocurrency.]

i'm not sure if that's a good or a bad thing.

Bitcoin closed above the daily trend line and if we close above $8625 (yellow line), these are good indications of a potential reversal to go long.

Daily Chart

The more conservative approach is to wait for price to take out the sell orders at $9250, then buy on a pull back to go long with a target at $12000.

4 Hr Chart

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That bitcoin is increase is great news. I was happy when i heard US congress spoke positively about cryptocurrency

Great to see that most of the cryptocurrencies gaining.

wow A very most important post.
thank you.

Good news for me that the Bitcoin rises

Nice post

Hi all,,

Are you sure,,
now is the time to buy.

I see numbers in the market are getting better.

if 2 days there is no sales in the market, then bitcoin will skyrocket again.

All I hope for is bitcoin to keep rising.

thanks @penguinpablo :-D

it's really cool, thanks for sharing because it's very useful for us

I'm curious about the precedent being set by Trump banning the Petro. If he can make it 'illegal' to buy or trade the Petro, whats going to stop him or any government body from banning certain or all crypto from being traded/supported inside the US?

Pretty positive news all round. Hopefully this takes us upwards till the next irrelevant FUD headline...

well information in cryptocurrency keep it up

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Buy or sell?