Today in the news:
- The price of bitcoin has recovered beyond the $9,100.
- Twitter CEO Dorsey believes Bitcoin will become the world’s single currency in 10 years.
- Snowden revealed documents that show the NSA worked to “Track Down” Bitcoin users.
- Tether has surprisingly begun issuing new tokens: $300 million USDT.
- And more crypto news below...
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Latest Crypto News - March 21, 2018
Bitcoin Price Breaks $9,000 as Cryptocurrency Market Continues Climb
The price of bitcoin, the most dominant cryptocurrency in the global market, has recovered beyond the $9,000 for the first time since March 14, exactly a week ago.
Read more: www.ccn.com
More sources about Bitcoin's price:
- Bitcoin Price Surpasses $9,100 as Positive Momentum Carries Over
- Markets Update: Bitcoin Back Testing $9,000 in Spite of ‘Death Cross’ FUD
Snowden Releases NSA Documents Showing Bitcoin Was “#1 Priority”
Xkeyscore. MAC addresses. OAKSTAR. MONKEYROCKET. Edward Snowden is at it again. This time the world’s most notorious whistleblower has handed over National Security Agency (NSA) documentation to online investigative news outlet The Intercept revealing an invasive covert program to track bitcoin users using spy tools he uncovered during his infamous first go-round.
Read more: news.bitcoin.com
Other sources:
- The NSA Worked to “Track Down” Bitcoin Users, Snowden Documents Reveal
- Snowden Leak Suggests NSA Is Extensively Tracking Bitcoin Users
Alt-coin bear market is over, but bitcoin is still the best bet: Wall Street's Tom Lee
Thomas Lee, head of research at Fundstrat Global Advisors, said the bear market for small-cap cryptocurrencies is over. But he said he still thinks bitcoin is the best bet for investors.
Read more: www.cnbc.com
Twitter CEO Dorsey Believes Bitcoin Will become the World’s Single Currency in 10 Years
The founder of Twitter and Square has come out and said that bitcoin will become the world’s single currency in 10 years. Speaking to The Times, Jack Dorsey, CEO of Twitter and payments company Square, said that cryptocurrencies using the blockchain would be the next major breakthrough.
Read more: coinjournal.net
Other sources:
- Bitcoin will become the world’s single currency, tech chief says
- Jack Dorsey expects bitcoin to become the world's 'single currency' in about 10 years
G20 and Cryptocurrencies: Baby Steps Towards Regulatory Recommendations
Late last year, when interest in Bitcoin and its price was at its peak, France’s finance minister suggested that there be a public debate of Bitcoin at the G20 summit which concluded this week. The conclusion of this meeting, in regards to where the nations now stand on cryptocurrencies, is that a firm July deadline has been put forward for recommendations on how to regulate cryptocurrencies globally.
Read more: cointelegraph.com
Other sources:
SEC Dedicates Part of Its Website to Initial Coin Offerings
Most cryptocurrency enthusiasts are well aware that the SEC is cracking down on initial coin offerings. This is not entirely surprising, as the industry raises a lot of questions regarding the legitimacy of creating value out of thin air. The SEC’s website has recently been updated with a page dedicated to initial coin offerings, which is pretty interesting.
Read more: themerkle.com
Tether Starts Printing Again, $300 Million Freshly Minted
Tether has surprisingly begun issuing new tokens once more, with $300 million USDT printed yesterday.
Read more: www.trustnodes.com
Other sources:
- Tether Issues Another $300m as Bitcoin Price Reverses Course
- Controversial Tether Issues $300 Mln In New Tokens, Critics React
Lightning Network DDoS Sends 20% of Nodes Down
Lightning Network (LN) nodes faced a Distributed Denial of Service (DDoS) attack yesterday that sent offline around 200 nodes, down from around 1,050 to 870.
Read more: www.trustnodes.com
Bitcoin Will Become a Basic Utility, Just Like Email
Bitcoin is a protocol (Bitcoin), yet we send bitcoins as if it was money. Is it money or not? It transacts like money, except it is digital.
Read more: www.cryptocurrencyguide.org
Report Claims Putin Aided Maduro in Creating Venezuela’s Crypto, Petro
A Time investigation into the development of Venezuela’s state-backed cryptocurrency, petro, revealed strong anecdotal and circumstantial evidence connecting Russia to its launch. At least two Russians with ties to Vladimir Putin were present at petro’s unveiling, complete with the Venezuelan president’s thanks.
Read more: news.bitcoin.com
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The 7-day change for NEM looks pretty bad. I supposed that Maduro's Petro isn't helping them at all.
Bitcoin price has corrected but it still needs sometime for another bullish run
Is the bear market for alts actually over? I seems like we’ve only had a couple good days after a month of bad, and now we’re back in a bull market. I don’t know how much weight I’m gonna give that. I will take some up days for sure, but it’s hard for me to believe it’s just up from here to all time highs. Gonna be interesting to see what happens, but I wouldn’t be surprised if some FUD comes out in the next week or so that tanks the market to YTD lows. Thanks for the update! Resteem
Agree. Don't be fooled by the 24H or 7 days markets, the month to date show the markets still have a lot of catching up to do. But we need to start somewhere.
I do expect this week we will be sidelining!
The Bitcoin reversal has been confirmed by a hammer candle on Monday, price taking out the daily trend line and price taking out my line in the sand at $8620.
The next tests for Bitcoin are the sell order at $9250 and $10000.
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The recover of bitcoin was inevitable, I believe. I have to say that the NSA thing doesn't shock me. Anonimity is a true fear for them and they will do anything they can, in order to contol it.
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Nice information buddy @penguinpablo but can you also add the price amount of change in Usd Dollars, right after each Cryptocurrencies in this chart because that will give more in-depth knowledge of exact price change in these Cryptocurrencies.
OK I see some red and greens. I think the market is starting to recover.
The G20 meeting about cryptocurrency has been a big part of the fears going on in the crypto-markets. So far, it looks like there have been some mixed responses. Many naysayers seem to be most worried about cryptocurrency potentially being used for illegal/black market kinds of activities. Realistically, we know that there are plenty of other uses. The other fears are the typical worries about potential scams out there, but that is nothing new. There was also some good parts as there was talk that it does not pose much threat to the bigger financial system. This may be why there was a little bit of recovery in the markets. So, the good news is that egulators just want to figure out how to regulate, but there has been zero talk of just getting rid of cryptos in general. That is really the only thing that could cause a big problem. In fact, Brazil was saying that they don't really want to regulate the crypto space at all right now.
This back and forth is going to be happening for a bit, so it is best to just not get caught up in the fear. It doesn't help that the regular stock and other markets are taking a dip as well. We have continued to hold, add to our positions of under-priced and over sold cryptos, and have been trading the bounces and waves of fluctuation.
Soon, we are going to be putting out some information on other ways to profit from the crypto markets while the market is playing pinball. If you are new to cryptocurrency, the market is down, so it is still a good time to enter. As always, simply only risk what you can afford to lose
Thanks @penguinpablo. I appreciate your analysis of the Crypto Market.
I am convinced that Steemit and the platform is a great long term investment. To a degree that I bought 485 Steem last night. And powered it all up. ( even posted about this on my blog) Feels good to have my Upvote for other Steemians to count little higher to help out.
Anyway, thanks again for the info !!
COngrats for that investment. Like a mango tree, soon your investment will bear fruit. WIth the ongoing trend, now is exactly a great time to invest and wait until it goes up again.
Thank you @penguinpablo for the charts. I must say that I am a new enthusiast of crytocurrencies. Late-bloomer if I must say. I only got to “appreciate” its value through steemit. Still learning all about it, and thanks for this post with all those links.
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