Today in the news:
- Bitcoin plunges below $7,400 :(
- China's central bank has said cryptocurrencies will be one of its top priorities this year.
- The crypto market will boom again this year according to the CEO of startup Abra.
- Two exchanges in Japan announced they are closing due to regulatory compliance.
- Bank of Montreal (BMO) banned its customers from buying Bitcoin.
- And more crypto news below...
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Latest Crypto News - March 29, 2018
Bitcoin plunges below $7,500: What’s driving the selloff?
Digital currency prices took another leg lower Thursday as persistent selling pressure continues.
Read more: www.marketwatch.com
$7K Next? Bitcoin Bears Pull Off Downside Break
Bitcoin (BTC) bears have come out victorious in the two-day tug of war with the bulls and may push prices down to $7,000.
Read more: www.coindesk.com
How Many Americans Really Own Crypto, Skewed Results of Polls and Surveys
A recent survey conducted by Finder set out to find cryptocurrency ownership, interest, and gender distribution statistics for the American population.
Read more: cointelegraph.com
China's Central Bank Eyes Crypto as Possible Yuan Risk
China's central bank has said cryptocurrencies will be one of its top priorities this year, in an effort to protect the national currency.
Read more: www.coindesk.com
Other sources:
The crypto market will boom again in 2018 according to the CEO of American Express-backed startup Abra
The founder of a Silicon Valley-based cryptocurrency business said the sector will boom again this year once big investors watching from the sidelines move into the market.
Read more: www.businessinsider.com
Other sources:
- Big Investors Will Make ‘All Hell Break Loose’ In Crypto In 2018, Says Abra CEO
- ‘All Hell Will Break Loose’: Abra CEO Predicts Bitcoin Price Boom Will Return This Year
Japan: 2 Bitcoin Exchanges Choose Shutdown Over Regulatory Compliance
Japan’s financial services regulator continues to reshape the country’s cryptocurrency exchange industry as two operators announce they are closing, local source Nikkei states March 28.
Read more: cointelegraph.com
Other sources:
Bank Of Montreal Staff Memo Appears To Show Bitcoin ‘Block’ Due To ‘Volatility’
Canadian lending institution Bank of Montreal (BMO) banned its customers from buying Bitcoin in a move seemingly confirmed March 28.
Read more: cointelegraph.com
Other sources:
Bitcoin’s popularity in Africa continues to soar
In Africa, Bitcoin’s popularity continues to soar. The crypto-currency market offers Africans the means to take control of their financial destiny. The buying and selling of Bitcoin in Africa continues to grow at a remarkable rate.
Read more: decentralpost.com
World’s Fifth Largest Crypto Exchange Bitfinex Wants To Move To Switzerland
British Virgin Islands-based Bitfinex, the fifth largest crypto trading platform in the world in terms of trading volume, intends to relocate its business to Zug, Switzerland.
Read more: cointelegraph.com
Polls Indicate South Koreans in Twenties, Thirties, Heavily Invested in Crypto
A Bank of Korea poll that has revealed the popularity of cryptocurrency in the nation. The survey shows South Koreans in their 20s and 30s are familiar with cryptocurrencies and are willing to invest in them.
Read more: bitcoinnews.com
Bank of England To Test Blockchain Features For New Payment System
The Bank of England is undertaking a proof-of-concept (PoC) to understand how the renewed Real Time Gross Settlement (RTGS) service could be capable of interacting with Distributed Ledger Technology (DLT).
Read more: cointelegraph.com
Retail Giant Newegg Expands Bitcoin Payments to Canada
Computer hardware retailer Newegg has begun accepting Bitcoin payments in Canada.
Read more: www.ccn.com
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Well, those who were hoping for SBD to be worth about $1.00 are getting closer and closer to their wish coming true. Just probably not for the reasons they were hoping.
Any idea if SBD could go lower than $1? It should be pegged to the USD, like tether but for some reason this is not the case. Due to demand I can understand that it went much higher than $1, but could it also go lower?
A-ha! Looks like Mr. Buterin realized the significance of the fact that Etherum's blockchain has been running at 100% of capacity!
Not to brag, but STEEM processes more txs per second and Blocktivity has it at 0.15% of capacity. :)
UPVOTED | RESTEEMED | FOLLOWED
thanks...
nice post follow you blog and vote...
The plunging keeps happening. Gonna brace ourselves and HODL. Still have faith on Steem though. Reassuring to see there’s still so much engagement happening on the platform.
Very good friend, thank you very much for the information I was waiting for, Regards!
cryptocurrency market is going down day by day. its very bad news for investor. you can join my server to promote your post https://discord.gg/BPFWudT
At this point in time, we need more of spirit uplifting news like dis about the crypto world...thanks @penguinpablo for this.
Really thanks for sharing this informative news with us and in my opinion the news which is telling that this year will be priority year for Crypto and the news which telling that the Crypto will boom once again, so these are really great news which consists the positive vibes for Cryptocurrency market. Thanks for sharing and wishing you an great day. Stay blessed. 🙂
The Teenie Boppers are back to buying Tron and Verge! LOL
Tron will proof hes a beast!
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