The Daily Dood for 12-22-17
Note: There will be no Daily Dood for 12/24/17 & 12/25/17. The Dood will return on 12/26/17. Thanks for reading and sorry for the inconvenience.
Today's bitcoin low was $10,700
On BitFinex today's bitcoin high was around $14,428 USD. We experienced a low of $10,700 USD. The hashtag BitcoinCrash trended on Twitter for a good part of the morning. Some traders are absolutely loving this volatility, while many investors aren't so comfortable with it.
Headlines
Flash Crash: Bitcoin Price Dives Below $11,000 as Retrace Deepens
https://www.ccn.com/flash-crash-bitcoin-price-dives-below-11000-as-retrace-deepens/
FINRA talks about cryptocurrencies: don't be fooled
http://www.coinfox.info//news/8466-finra-talks-about-cryptocurrencies-don-t-be-fooled
The Bears Are Back in Town: Cryptocurrency Market Crashes, Loses $125 Billion
https://www.ccn.com/the-bears-are-back-in-town-cryptocurrency-market-cap-crashes-by-125-billion/
‘Blockchain Cloud Operating System’ Ælf raises 55K Ether in a private-only token sale https://www.cryptoninjas.net/2017/12/20/aelf-raises-55000-ether-private-token-sale/#.Wj2IcKsuLnY.twitter
Belarus Legalizes Cryptocurrency Payments & Initial Coin Offerings (ICOs) https://www.ccn.com/belarus-legalizes-cryptocurrency-payments-initial-coin-offerings-icos/
New York Stock Exchange Aims to List Two Bitcoin ETFs Soon https://themerkle.com/new-york-stock-exchange-aims-to-list-two-bitcoin-etfs-soon/
The Taxman Cometh: US, Russian Investors Face New Calls To Pay https://cointelegraph.com/news/the-taxman-cometh-us-russian-investors-face-new-calls-to-pay
Coinbase Accused of Technical Incompetence After Hoarding Millions of UTXOs
https://news.bitcoin.com/coinbase-accused-technical-incompetence-hoarding-millions-utxos/
Bitcoin Maximalist Claims Manipulation in Recent SBI Backing Venture https://btcmanager.com/bitcoin-maximalist-claims-manipulation-recent-sbi-backing-venture/
NYSE Arca Seeks SEC Rule Change for Bitcoin ETF Listing https://btcmanager.com/nyse-arca-seeks-sec-rule-change-bitcoin-etf-listing/
The SEC Crackdown on Suspicious Cryptocurrencies Is Getting Serious https://news.bitcoin.com/the-sec-crackdown-on-suspicious-cryptocurrencies-is-getting-serious/
Some Crypto Assets Are Trending Up Amid Today's Drop http://bit.ly/2kIFBRa
Youtube & Podcasts
Don't buy Bitcoin it's going to crash. (A timeless classic here.)
Tweet Of The Day
Unless you need crack, there is no reason to sell your bitcoin
— ฿ITLORD (@Crypto_Bitlord) December 22, 2017
STEEMIT
https://steemit.com/security/@mrosenquist/cryptocurrency-is-the-new-target-for-cybercriminals
Campaign underway to get STEEM listed on cex.io. I'm including this link all week for awareness.
Links
Many people get concerned about the Ripple XRP coin supply. This link is an explanation of the supply, how a large chunk of them are held in escrow, and released into the ecosystem.
https://ripple.com/dev-blog/explanation-ripples-xrp-escrow/
Binance cryptocurrency exchange. This exchange is slowly becoming one of my favorites. Great coins, lots of trade volume, 2 btc withdrawal limit for unverified accounts. I really like the charts and layout too. At this rate it's going to become my go to site for daily trading. If you're not on there already feel free to use my referral link and check it out for yourself.
https://www.binance.com/?ref=11560333
The End
The Daily Dood is a review of my daily Twitter feed. If you're on Twitter hope you decide to join me here:
https://twitter.com/BitcoinDood
That's it for todays edition of The Daily Dood. If you found the information in this post useful I hope you decide to follow for the daily headlines and events happening in the altcoin & cryptocurrency space. Nothing here is meant as investment or financial advice. Please seek a duly licensed professional for investment advice, not some guy on the internets who refers to himself as The Dood. Thanks for reading and happy trading!