Steem continues to rise and adds another 30% to the price today. We're up over 50% this week. Great!
It seems crypto-related news sites are starting to notice Steem as at least two websites wrote an article about Steem today. See the links below. The more media attention, the better :)
Welcome to my Cryptocurrencies Market Overview for Thursday, January 25, 2018.
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Latest Crypto News - January 25, 2018
Steem Price Surges Past $6 en Route to new All-time High
It seems the recently released Weiss cryptocurrency ratings are already making an impact on the markets. With only a handful of currencies receiving decent ratings – some of which still have zero working technology – it is evident this document will influence the markets in one way or another. Steem, the currency of the Steemit platform, is currently surging in value as we speak. With a Steem price of $6.3 at the time of writing, we are not too far off a new Steem price all-time high.
Read more: themerkle.com
Other sources:
Bitcoin Bull Reversal Sighted, But Momentum Proves Weak
Bitcoin bulls seem to have gained an upper hand, but the cryptocurrency is still struggling to find follow-through buying today.
Read more: coindesk.com
Bitcoin is 'gambling' and we will develop regulations around it, Canada central bank head says
Bitcoin trading is "gambling," Canada's central bank governor told CNBC on Thursday, adding that he was looking into developing regulations around cryptocurrencies.
Read more: cnbc.com
3,000 Metric Tons of Wheat Was Recently Traded for Bitcoin
Cryptocurrencies are slowly becoming mainstream when it comes to settlement for all kinds of goods and services. Just recently the first known freight consignment was settled in bitcoin as the deal consisted of 3,000 tons of wheat from Rostov that was sent to Turkey.
Read more: bitcoin.com
World’s First Cryptocurrency Airport In Brisbane
Brisbane Airport (BNE) will soon become the first cryptocurrency airport terminal, according to reports from local media. The airport is working with local and international companies to make the entire terminal cryptocurrency friendly, with stores, coffee shops and restaurants accepting Bitcoin, Ether and Dash.
Read more: cointelegraph.com
New Weiss Ratings for Cryptocurrencies Award No “A”s and Score Bitcoin a C+
Financial ratings agency Weiss has just released its much-hyped cryptocurrency review. The eagerly-anticipated report rates 74 of the most popular cryptocurrencies on the market, scoring them from A to D. Such was the level of interest in the report, the company’s website was knocked offline as interest peaked on Wednesday morning. Weiss Ratings include some controversial scores for currencies such as bitcoin and ethereum that are sure to spark debate.
Read more: bitcoin.com
Other sources:
- A+ Mess: Controversial Weiss Cryptocurrency Ratings See DDoS Attacks, Fake Grading Leaks
- Weiss Ratings Gives Bitcoin C+, Sparks South Korean DDoS Revenge
Arsenal Football Club to Promote iGaming Firm ICO
iGaming platform provider CashBet has partnered with Arsenal Football Club in a deal that will promote the firm's new crypto token.
Read more: coindesk.com
May Says She’ll Look ‘Very Seriously’ at Action on Bitcoin
U.K. Prime Minister Theresa May has promised to consider clamping down on bitcoin as she raised concerns that cryptocurrencies are being used by criminals. “In areas like cryptocurrencies, like Bitcoin, we should be looking at these very seriously,” May said in a television interview in Davos with Bloomberg’s Editor-in-Chief John Micklethwait. Action on crypto-currencies may be needed “precisely because of the way they are used, particularly by criminals,” she said.
Read more: bloomberg.com
Other sources:
Why a $39 Million ICO Chose Stellar Over Ethereum
"We look at ethereum like AOL or Myspace." That's how Mobius Network co-founder and CEO David Gobaud explains why his startup ran its initial coin offering (ICO) on the Stellar network instead of ethereum, the most popular blockchain for token sales.
Read more: coindesk.com
50 Cent Makes Millions Selling Album For Bitcoin
Curtis "50 Cent" Jackson made a lot of money by being an early believer in Bitcoin, TMZ.com reported on Tuesday. After giving the cryptocurrency a chance 4 years ago, he is now reaping the benefits which amount to over $7 mln, according to current exchange rates.
Read more: cointelegraph.com
Other sources:
- Rapper 50 Cent Is Now a Bitcoin Millionaire (Coindesk)
- Rapper 50 Cent Has Millions in Bitcoin (Bitcoin.com)
