Today is the 28th of March and, again, a lot of exciting news and events are taking place in the cryptocurrency-world! And as always, I'm going to be covering the most important stuff that's going on.
This is a part of my Daily Cryptocurrency News-series. For more check out my Steemit and Youtube.
Top Cryptocurrency Newstories For Today
These are in a completely random order
1- Eurasian Association Of Blockchain To Sue Social Media Giants
As most of you already know, 2018 has been the year of cryptocurrency related ads getting banned from major advertising platforms. First, it was Facebook, then Google, and now even Twitter...
Now, some big cryptocurrency and blockchain associations in Russia, China, and South Korea are planning to file a joint lawsuit in May against Google, Twitter, Facebook, and Yandex for not allowing the crypto-related advertising.
“We believe that this is a use of the monopoly position of these four companies, which have entered into a cartel agreement with each other in order to manipulate the market."
"We believe that if it turns out that the shareholders or managers of these companies own crypto wallets which they use for personal gain"
This is what the associations stated.
Read more
2- Bitcoin Bull Raising $500 Million Cryptoasset Hedge Fund
Mark Yusko, one of the biggest cryptocurrency bulls has now stated that he's doubling down on his conviction that the future is bright for crypto assets.
The founder and chief investment officer at Morgan Creek Capital announced that the Chapel Hill, a North Carolina-based firm is seeking to raise up to $500 million to start a new hedge fund focused exclusively on crypto assets and other blockchain-related investments.
Read more
3- Danske Bank Rules Out Crypto Trading
The biggest bank in Denmark (Danske Bank) has criticized cryptocurrencies over perceived risks and lack of transparency.
We strongly recommend that our customers avoid investing in cryptocurrencies.
The three reasons for why they won't make trading cryptos possible on their trading platforms were: Lack of protections for investors (no bank backing them), high volatility/lack of "pricing transparency", and finally, a lack of regulatory oversight apparently means cryptocurrencies are a target for criminals.
Read more
4- Bithumb To Bring Crypto Payments To 8K South Korean Merchants
One of the biggest South-Korean crypto exchanges, Bithumb will be allowing its users to pay with cryptocurrency in 8,000 brick and mortar outlets by the end of 2018.
Bithumb will partner with a major digital payment services provider, Korea Pay, to facilitate purchases for its users. Korea Pay handles payments for more than 200 franchise-based offline merchants, generating brokerage services of 300 billion won ($279 million) annually.
Read more
Biggest Events Taking Place In Tomorrow
29th of March
1- Bitcoin (BTC): CME March Last Trade
Last trade date / contract expiration of: 2018 MARCH BTC Futures contract at CME exchange/marketplace. Trading terminates 4:00 PM GMT.
Source
2- Nebulas (NAS): Mainnet Launch
Mainnet will be launched and afterward the swap from ERC20 to Nebulas own blockchain will take place.
Source
3- SolarCoin (SLR): SPV Wallet
Solarcoin is building an SPV wallet to "meet the needs of most grant recipients and community members."
Source
4- ICON (ICX): Tokyo Meetup
ICON is visiting Tokyo to meet the local blockchain community.
Source
Top Gainers Of The Day
These are the top gainers of the cryptos ranked as 1-100 on CoinMarketCap
Top Gainers Of The Day
These are the top gainers of the cryptos ranked as 101-200 on CoinMarketCap
Top Losers Of The Day
These are the top losers of the cryptos ranked as 1-100 on CoinMarketCap
Top Losers Of The Day
These are the top losers of the cryptos ranked as 101-200 on CoinMarketCap
That's it!
Another day, another set of news. Nothing major, just the basic day; some "financial experts" banning cryptos, and people suing companies lol...
Without few exceptions, the markets are down today. Many altcoins are bleeding... Just out of curiosity; What cryptos are you buying, or planning to buy currently?
What do you think?
Share your thoughts about the current situation of cryptocurrencies in the comments below! I'd love to hear them!
Other Posts You Should Check Out!
Daily Crypto News:
Honest Altcoin Reviews:
Top 3 Steemit Articles Of The Week:
Miscellaneous
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I hope you're having a great and an inspiring day! Keep working hard, chasing your dreams, and the results will come!
Peace!