The Daily Dood for 2- 9 -18
Today's bitcoin high was about $9,021 USD on BitFinex
Bitcoin holding strong above $8k, this is great news. We peaked up over $9k for a moment. It looks like we bounced off that $8500 USD support line. Staying in a range between $8500 and our next level of resistance around $9227 would be a really strong sign of an ongoing recovery. I for one will breath a sigh of relief when we break through $10k and previous resistance turns to support above that level.
The Crypto Top 11
Altcoin market is looking really strong. Bitcoin dominance continues to drop. Currently at 34.23% and overall market cap continues to rise, currently above $434,000,000,000 up from yesterdays $383,000,000,000 usually a great indicator of a strong market.
Today's Headlines
Winklevoss Twins Lay Into “Privileged Minority” Cryptocurrency Critics https://www.ccn.com/privileged-minority-winklevoss-twins-strike-older-cryptocurrency-critics/
“ARK Core 2 Technical Update Series — New API v2” by BoldNinja https://blog.ark.io/ark-core-2-technical-update-series-new-api-v2-17dd785fc2c7
What Is WAX? https://themerkle.com/what-is-wax/
Russian Nuclear Engineers Foiled In Attempt To Mine BTC With Supercomputer https://cointelegraph.com/news/russian-nuclear-engineers-foiled-in-attempt-to-mine-btc-with-supercomputer
IRS Forms New Team To Track Down Crypto Tax Evaders https://cointelegraph.com/news/irs-forms-new-team-to-track-down-crypto-tax-evaders
What Is SmartCash? https://themerkle.com/what-is-smartcash-cryptocurrency/
Arizona Closer to Accepting Bitcoin and Regulating ICOs https://news.bitcoin.com/arizona-closer-to-accepting-bitcoin-and-regulating-icos/
Why DavorCoin May Become the Next BitConnect https://themerkle.com/why-davorcoin-may-become-the-next-bitconnect/
Hong Kong Regulator: We’ll ‘Continue To Police’ Crypto Exchanges And Sales https://cointelegraph.com/news/hong-kong-regulator-well-continue-to-police-crypto-exchanges-and-sales
Meet Brian Forde: Californian Congressional Candidate and Crypto Enthusiast https://www.newsbtc.com/2018/02/09/meet-brian-forde-californian-congressional-candidate-and-crypto-enthusiast/
“Introducing CryptoTitties” by SpankChain https://medium.com/spankchain/introducing-cryptotitties-2d0b2df1fca5
Visualizing The Worst Crashes In Bitcoin History | Zero Hedge https://www.zerohedge.com/news/2018-02-09/visualizing-worst-crashes-bitcoin-history
Myetherwallet Relaunches as Mycrypto Following a Hostile Twitter Takeover https://news.bitcoin.com/myetherwallet-relaunches-mycrypto-following-hostile-twitter-takeover/
Japanese Crypto Investors To Pay Tax Of Up To 55 Percent On Profits https://cointelegraph.com/news/japanese-crypto-investors-to-pay-tax-of-up-to-55-percent-on-profits
SEC Denies FOIA Request on Controversial Tezos ICO http://bit.ly/2nMp7cw
Youtube, Podcasts, Media
Tweet of The Day
If Satoshi is alive it's admirable that he hasn't stepped forward or moved his coins. I believe he sees what he created is bigger than fame/wealth.
Crypto฿ull Crypto_God February 10, 2018
STEEMIT
Trading is Hard.. (5 useful tips) — Via @drewley Steemit https://steemit.com/trading/@drewley/trading-is-hard-5-useful-tips
#Binancedown (and why this is good news) — Via @johanalejo Steemit https://steemit.com/vincentb/@johanalejo/binancedown-and-why-this-is-good-news
Binance Back But You May Have Problems Using It — Via @kingscrown Steemit https://steemit.com/bitcoin/@kingscrown/binance-back-but-you-may-have-problems-using-it
The pain of using a bank. Can we just all use crypto please! — Via @knircky Steemit https://steemit.com/bank/@knircky/the-pain-of-using-a-bank-can-we-just-all-use-crypto-please
The Memes Of Steemit
Can somebody tell the current value of ripple to them — Via @freecrypto Steemit https://steemit.com/dmania/@freecrypto/can-somebody-tell-the-current-value-of-ripple-to-them-zg1hbmlh-pibgb
Links
H.R.3708 - To amend the Internal Revenue Code of 1986 to exclude from gross income de minimis gains from certain sales or exchanges of virtual currency, and for other purposes.
https://www.congress.gov/bill/115th-congress/house-bill/3708
Music and cryptocurrency commentary http://radiocrypto.com/
So many people ask me about TA or technical analysis and where to start. Tone Vays just put together a real great educational page covering the basics of TA. http://www.libertylifetrail.com/education/learntrading/
Here's something that's long overdue! The Crypto Scam Checker. Listing of known internet crypto scammers! https://fried.com/crypto-scam-checker/
LiveCoinWatch is similar to CoinMarketCap. Check it out if you like researching coins, trade volume, and who's in the top 10.
https://www.livecoinwatch.com/
It's looking like Binance is taking on new traders again. Sign up while you can, and find out why over 3,000,000 active cryptocurrency traders call Binance home!
https://www.binance.com/?ref=11560333
The End
The Daily Dood is a review of my daily Twitter feed and some of the interesting articles I find here on Steemit. If you're on Twitter hope you decide to join me here:
https://twitter.com/BitcoinDood
That's it for todays edition of The Daily Dood. If you found the information in this post useful I hope you decide to follow for the daily headlines and events happening in the altcoin & cryptocurrency space. Nothing here is meant as investment or financial advice. Please seek a duly licensed professional for investment advice, not some guy on the internets who refers to himself as The Dood. Thanks for reading and happy trading!
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