China's Bitcoin Miners Cause Bounce!

Today was the day of the rebounding crypto's! almost all the cryptos were up today, there was decent amount of positive news in the headlines!

First was about Barclays Bank, they are currently talking to financial regulators about how to bring Bitcoin into play for it's investors. This of course was headline news for the "talking heads on cnbc!" Of course, the day after the are calling for the end of Bitcoin and crypto-currencies, they buy in and talk about big banks getting in on the action next!

Also, a group of key miners, called the China Bitcoin Roundtable, formalize cooperation and details to bring segwit fully on board! This pretty much ends the debate of whether or not segwit will happen or not. Interesting fact here is the summary notes from that meeting say they plan on activating this on June 31! Wait, what?June 31? That's not a date! Maybe a typo? We'll see. That is good timing with the Ethereum Enterprise alliance announcement expected on June 30th.

And Finally, regulators imprison a Bitcoin exchange operator for fraud, conspiracy and money laundering for 5 years! This puts added confidence into the crypto world that criminals and fraudsters will not be tolerated and will be prosecuted by the law, giving additional peace of mind to investors in this growing market. Especially after recent hacks and flash crashes.

In the video below I cover all of these things and also talk a little bit about Steemit, the best cryptocurrency ;), and Stratis at the request of one of my followers! Thanks for reading, following and giving upvotes! Resteem if you can so this can reach more users! :)