Cryptocurrencies Market Overview - March 22, 2018

@penguinpablo · 2018-03-22 14:35 · cryptocurrency

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

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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:

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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

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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

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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

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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. https://www.youtube.com/watch?v=t3c0E4fkSNs

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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

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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

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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

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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

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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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