Today in the news:
- News sources were reporting that Binance was being issued a warning by the Japan Financial Services. This was false information according to the Binance founder, but Bitcoin and most other cryptocurrencies dropped nevertheless on the news.
- A major European fintech investor and Block.one have announced a $100 million fund for EOS projects.
- The U.S. may start publishing crypto wallet addresses along with the names of people and organizations with whom it forbids citizens from doing business.
- The new chief of the People's Bank of China has said that 'Bitcoin provides freedom to anyone that uses it'.
- And more crypto news below...
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Latest Crypto News - March 22, 2018
Pullback Ahead? Bitcoin Hits Stiff Resistance at $9K
The bulls' repeated failure to take out resistance around $9,000 has boosted the odds of a pullback in bitcoin prices, according to the technical charts.
Read more: www.coindesk.com
Bitcoin Falls on Fears of Regulatory Trouble for Big Crypto Exchange
Bitcoin fell after one of the world’s largest cryptocurrency exchanges was said to face a government rebuke for operating without a license in Japan, heightening concern that increased regulatory scrutiny will curb demand for digital assets.
Read more: www.bloomberg.com
Other sources:
- Binance Founder Denies Any Problems With The Exchange
- Bitcoin Price Falls As Markets React To (False) Japan Binance Threat
- Nikkei Report: Japan To Issue Warning Against Crypto Exchange Binance, Twitter Cries FUD
- Binance CEO Refutes Financial Watchdog Warning Reports
- Bitcoin stumbles as Binance faces potential regulatory backlash
US Could Put Crypto Wallets on OFAC Sanctions List
The U.S. Treasury Department may start publishing cryptocurrency wallet addresses along with the names of people and organizations with whom it forbids citizens from doing business.
Read more: www.coindesk.com
Korean Regulators to Probe Banks' AML Measures for Crypto Exchanges
Two South Korea financial regulators are reportedly launching a probe into domestic banks over their implementation of anti-money laundering procedures for cryptocurrency exchanges.
Read more: www.coindesk.com
Zcash's Coming Hard Fork Could Pave the Way for Even More
Privacy-focused cryptocurrency zcash is gearing up for its first hard fork. And while that may call to mind bitter debates over development or excitement about free coins, actually zcash's first hard fork - dubbed "Overwinter" - isn't about either. Instead, the cryptocurrency's developer team is hoping to lay the groundwork for more dramatic upgrades in the future.
Read more: www.coindesk.com
Bitcoin Q&A: Spam transactions and Child Pays for Parent (CPFP)
Can spam transactions be used to artificially drive up fees in Bitcoin? What is Child Pays for Parent (CPFP)? By Andreas Antonopoulos.
Major European Fintech Investor And Block.one Announce $100 Mln Fund For EOS Projects
The German fintech incubator FinLab AG and Block.one, developer of the Blockchain software platform EOS.IO, announced a $100 mln joint venture to develop projects that use EOS’ software
Read more: cointelegraph.com
IT Giant Fujitsu Unveils European Blockchain Innovation Center
Japanese multinational Fujitsu has launched a Brussels-based Blockchain Innovation Center to facilitate research and projects around the tech.
Read more: www.coindesk.com
Startup EverMarkets Aims to Shake Up Futures Trading With Blockchain
Blockchain company EverMarkets is developing a peer-to-peer futures trading platform based on blockchain technology.
Read more: www.coindesk.com
Edward Snowden: Public Ledger Is Bitcoin's Big Flaw
At a recent event in Berlin, Edward Snowden for the first time talked at length about the problems and benefits of blockchain technology.
Read more: www.coindesk.com
Bitcoin Provides Freedom, Says New PBoC Chief as China Opens Doors to $27 Trillion Payments Market
For the first time in history, the Chinese government and its central bank, the People’s Bank of China (PBoC), has opened its $27 trillion payment market to the world. Foreign firms are now allowed to apply for licenses to operate within China, competing against local service providers.
Read more: www.ccn.com
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Thanks for awesome information. Bitcoin will take her strong position very soon. Buy now or cry later.
More regulation bullshit. I hate the media more everyday. More mainstream = more people buying = higher market caps, however the constant FUD of late is so old.
Media should be banned from reporting just like google banned crypto ads. :)
The 7 days chart looks healthy. Some up, some down.
My biggest concern is that Thether started to print again. Should we worry about that?
I don't really worry about it. It could be a positive sign as well. For every US dollar that is deposited on Bitfinex one USDT is printed.
As we take a look at it from that perspective, it, indeed, would make sense.
Thx for the reply/
That last news is ridiculous insane amount of currency. Cryptocurrency could boom if it is used in transactions. $27 trillion! wow.
Damn, just when I thought things were back on the up and up.
Really a very nice information. I would like to ask how to influence the price of the bitcoin with policy in part of the country prohibits to conduct transactions
Your posts are amazing and good
Great overview, thanks for sharing. I've smashed the up vote button for you!
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I really hope this issue is resolved as soon as possible. Cryptocurrencies help a lot of people to stay afloat and survive. Thanks @penguinpablo for always providing us with recent happenings
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I know you can climb the highest mountains. Never lose faith in yourself. Good luck!
All the best for a bright future! May there be success at every turn of life and all your dreams come true!
good contribution!!
Good post, how i can get some of eos?
I'm so sick of media false reporting. Of course Nikkei is looking to take down the crypto market given they are a stock-based publication.
I guess we should take it as a positive, if crypto wasn't a thread that wouldn't attack it...
10 years from now, we'll look back and laugh at these news articles. @ironshield
post your good broder @penguinpablo
Thanks again for the breakdown. These crypto posts are some of the best. Keep it up.