The Daily Dood for 3 - 6 -18
Today's bitcoin low was about $10,567 USD on BitFinex
It was a rough 24 hours today as bitcoin fell back into the $10K range again. The low for the day was $10,567 USD. At present time support seems to be holding around $10,620 USD. Our first level of resistance appears to be about $10,820 USD with a little more resistance right around $11k.
Bitcoin makret cap is currently above $182,000,000,000
Total market cap for all cryptocurrencies combines was above $437,000,000
Bitcoin dominance is currently 41.63%
Steem & SteemDollar
Steem is currently in 27th place on LiveCoinWatch with a value of around $3.27 USD & a market cap above $821,000,000
The SteemDollar is currently in 249th place with a value around $3.45 USD & a market cap above $35,000,000
The Days Headlines
Coinbase Rejection Sends XRP Price Into Downward Spiral https://themerkle.com/coinbase-rejection-sends-xrp-price-into-downward-spiral/
Japan’s Finance Giant SBI Buys 40% Of Taiwanese Crypto Hardware Wallet Company https://cointelegraph.com/news/japans-finance-giant-sbi-buys-40-of-taiwanese-crypto-hardware-wallet-company
If ‘Ryan Gosling’ is on the ICO Team, You Probably Shouldn’t Invest http://bitcoinist.com/ryan-gosling-ico-team-dont-invest/
Coinbase addresses Ripple rumors, says it has made no decision on adding new coins https://techcrunch.com/2018/03/05/is-coinbase-adding-ripple/
Justin Sun announces TRON [TRX] getting listed on CEX – bullish sentiments around! - https://ambcrypto.com/justin-sun-announces-tron-trx-getting-listed-cex-bullish-sentiments-around/
South Korean Travel Site with Over 50,000 Hotels to Accept 12 Cryptocurrencies https://news.bitcoin.com/south-korean-travel-site-hotels-accept-12-cryptocurrencies/
How NEO's consensus failure is spreading FUD https://ethereumworldnews.com/neos-consensus-failure-spreading-fud/
“The Amazon of Japan” Launches Loyalty Program with its Own Cryptocurrency https://coinidol.com/amazon-of-japan-launches-loyalty-program/
TRON (TRX): There Are Exciting Times Ahead https://stocksgazette.com/2018/03/05/tron-trx-there-are-exciting-times-ahead/
Binance Revenue Jumped From $7.5 Million To $200 Million in Just One Quarter
https://btcmanager.com/binance-revenue-jumped-7-5-million-200-million-just-one-quarter/
Great exchange, I never miss an opportunity to shill my referral:
https://www.binance.com/?ref=11560333
Synereo Lights Up the Crypto Space: Burns 33% of its Tokens and Launches WildSpark https://www.coinspeaker.com/2018/03/06/synereo-lights-crypto-space-burns-33-tokens-launches-wildspark/
Will Litecoin [LTC] ride the wave to a bullish market or will it fall further? - https://ambcrypto.com/will-litecoin-ltc-ride-wave-bullish-market-will-fall/
Po.et (POE) Welcomes Crypto-World To Check This Out https://www.stocksgazette.com/2018/03/06/po-et-poe-welcomes-crypto-world-to-check-this-out/
IOTA (MIOTA) – Smart Contracts beta testing Wednesday at Noon CET https://www.stocksgazette.com/2018/03/06/iota-miota-smart-contracts-beta-testing-wednesday-at-noon-cet/
New Cryptocurrency Exchange Market – CoinDeal.com https://www.newsbtc.com/2018/03/06/new-cryptocurrency-exchange-market-coindeal-com/
Russia: Blockchain Will Be Used To Protect 2018 Presidential Exit Poll Data https://cointelegraph.com/news/russia-blockchain-will-be-used-to-protect-2018-presidential-exit-poll-data
Ledger Announces New Nano S Firmware – Researcher Says Update Now https://bitsonline.com/ledger-nano-s-firmware-update/
FinCEN: Money Transmitter Rules Apply to ICO Developers, Exchanges https://www.coindesk.com/fincen-money-transmitter-rules-apply-ico-developers-exchanges/
Bitcoin Price Sideways: The Price of Freedom https://www.ccn.com/bitcoin-price-sideways-price-freedom/
Word Up: Merriam-Webster Dictionary Adds Terms Like “Cryptocurrency” https://bitsonline.com/merriam-webster-adds-cryptocurrency/
Now, Illinois is Looking at Tax Payments in Bitcoin https://www.ccn.com/the-prairie-state-takes-up-crypto-tax-payments/
Grayscale Launches Crypto Investment Trusts for BCH, ETH, XRP, and LTC https://news.bitcoin.com/grayscale-launches-crypto-investment-trusts-bch-eth-xrp-ltc/
Jihan Wu to Talk Central Bank Crypto at DC Summit https://www.coindesk.com/jihan-wu-talk-central-bank-crypto-dc-blockchain-summit/
Bitcoin exchange Coinbase launches the Dow Jones of cryptocurrencies https://www.cnbc.com/2018/03/06/bitcoin-exchange-coinbase-launches-the-dow-jones-of-cryptocurrencies.html
Youtube, Podcasts, & Other Media
STEEMIT
Daily Steem Stats Report - Tuesday, March 6, 2018 —Via Steemit https://steemit.com/steemit/@penguinpablo/daily-steem-stats-report-tuesday-march-6-2018
Steemit in the news —Via Steemit https://steemit.com/steemit/@steevc/3f1cwn-steemit-in-the-news
Have You Voted For Your Friendly Neighborhood Witness Today? — Via Steemit https://steemit.com/steem/@jacobts/have-you-voted-for-your-friendly-neighborhood-witness-today
Links
Binance now trading Steem! Great exchange, with a great selection of coins, high trade volume, and fantastic UI. If you're not already trading there, you might want to check it out. https://www.binance.com/?ref=11560333
Binance is hiring. https://www.binance.com/Careers.html
How To Become A Blockchain Developer: Crash Course!
https://blockgeeks.com/guides/blockchain-developer/
H.R.3708 - To amend the Internal Revenue Code of 1986 to exclude from gross income de minimis gains from certain sales or exchanges of virtual currency, and for other purposes.
https://www.congress.gov/bill/115th-congress/house-bill/3708
Music and cryptocurrency commentary http://radiocrypto.com/
So many people ask me about TA or technical analysis and where to start. Tone Vays just put together a real great educational page covering the basics of TA. http://www.libertylifetrail.com/education/learntrading/
The End
The Daily Dood is a review of my daily Twitter feed and some of the interesting articles I find here on Steemit. 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!