Cryptocurrencies Market Overview - March 1, 2018

Welcome to my Cryptocurrencies Market Overview for Thursday, March 1, 2018.

Today in the news:

• The Marshall Islands will issue its own cryptocurrency.
• The US Securities and Exchange Commission is pursuing a broad investigation into ICOs.
• The U.S. Commodity Futures Trading Commission (CFTC) now allows its employees to trade Bitcoin and other digital assets.
• 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

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - March 1, 2018

In Consolidation Mode, Bitcoin Awaits Decisive Move

Bitcoin has been restricted to a narrow price range of $10,000 to $11,000 for almost 72 hours.
_{Read more: www.coindesk.com}

SEC Targets ICOs in Broad Cryptocurrency Markets Investigation

While all may seem quiet on the regulatory front, it could just be the calm before the storm. The US Securities and Exchange Commission is pursuing a broad investigation into ICOs, one in which numerous subpoenas and requests for information have been issued to a number of blockchain startups, according to The Wall Street Journal.
_{Read more: www.ccn.com}

Other sources:

• Cryptocurrency Firms Targeted in SEC Probe (WSJ)

Marshall Islands to issue own sovereign cryptocurrency

The Marshall Islands will issue its own cryptocurrency that will be circulated as legal tender along with the U.S. dollar, according to one of the remote Pacific republic’s top officials.
_{Read more: reuters.com}

Other sources:

• Marshall Islands to Launch National Digital Coin

Circle-Poloniex Deal Presages the Future of Cryptocurrency Exchanges

When it was announced on Monday that Circle would be acquiring Poloniex, much of the focus was on the $400 million reported to have changed hands. It was a good bit of business for both parties, ran the general consensus, and not a bad deal for customers of the exchange either, who might finally experience something resembling customer service. The ramifications of the deal extend far further, however, hinting at the shape of U.S. cryptocurrency trading to come.
_{Read more: news.bitcoin.com}

U.S. Commodities Regulator Allows Its Employees to Trade Cryptocurrencies

The U.S. Commodity Futures Trading Commission (CFTC) now allows its employees to trade Bitcoin and other digital assets. Moreover, CFTC’s Chairman J. Christopher Giancarlo recognizes that Bitcoin can no longer be ignored and that cryptocurrencies offer both significant challenges and opportunities.
_{Read more: bitcoinist.com}

Germany Won't Tax You for Buying Coffee With Bitcoin

Germany won't tax bitcoin users for using the cryptocurrency as a means of payment, the Ministry of Finance has said.
_{Read more: www.coindesk.com}

Simon Dixon: The Fall Of The Banking System - The Rise Of Cryptocurrencies!

Josh Sigurdson and John Sneisen talk with Simon Dixon of Bnk To The Future about the monetary revolution we're witnessing before our eyes in the cryptocurrency community.

First Liechtenstein bank to directly sell cryptocurrencies

The crypto boom is spreading to the mainland. For the first time, a bank offers direct investments in digital currencies – and promises protection against hackers. Bank Frick has made it possible to trade five crypto currencies with immediate effect, as the Liechtenstein-based bank announced on Wednesday.
_{Read more: captainaltcoin.com}

Banks complete 25 million euros securities transaction on blockchain platform

Credit Suisse and ING have completed a 25 million euros ($30.48 million) securities lending transaction using blockchain-based software, the companies said on Thursday, as more projects involving the nascent technology behind cryptocurrencies get closer to yielding results.
_{Read more: www.reuters.com}

Other sources:

• Banking Giants Send $30 Million in Securities Over DLT

Singapore Weighs Need for New Rules to Protect Crypto Investors

Singapore's de facto central bank, the Monetary Authority of Singapore, is looking at whether new regulations are needed to protect crypto investors.
_{Read more: www.coindesk.com}

Other sources:

• Singapore: Central Bank ‘Assessing’ Need For More Cryptocurrency Regulation
• Singapore Mulls New Rules to Safeguard Cryptocurrency, ICO Investors

Russia Announces July Deadline for New Cryptocurrency Legislation

Russia has reportedly said that it will legalise the cryptocurrency market by the summer, at the instruction of Russia’s President Vladimir Putin.
_{Read more: coinjournal.net}

Other sources:

• Russia Eyes Summer Deadline for New Cryptocurrency Laws

India: Two Crypto Exchanges Halt Trading, Blame ‘Discouraging’ Government Stance

Crypto exchanges BTCXIndia and ETHEXIndia have informed their customers via email that they are stopping trading activities, citing the “stress” on their business caused by governmental actions discouraging crypto, local Indian news outlet the Economic Times reported yesterday, Feb. 28.
_{Read more: cointelegraph.com}

_{Visit my websites:
SteemBlockExplorer.com - SteemNow.com - CoinMarkets.today
¯\___(ツ)____/¯ Follow me @penguinpablo}