Today in the news:
- The Bitcoin price rises above $8,500.
- The G20 considers cryptocurrencies as assets, not as currencies.
- Bittrex will delist 82 different altcoins on March 30th.
- The Hong Kong Stock Exchange wants to develop a blockchain based settlement system.
- The US Federal Trade Commission launched a blockchain working group.
- And more crypto news below...
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Latest Crypto News - March 20, 2018
$9K Ahead? Bitcoin Looks North After Bull Breakout
Bitcoin (BTC) looks set to extend its two-day winning streak and could soon test the $9,000 mark, technical analysis suggests.
Read more: www.coindesk.com
More sources about Bitcoin's price:
- Bitcoin Price Rises above $8,500 after Positive News from G-20 Regulators
- Bitcoin Price Holds Above $8,500 as Market Fights to Cement Recovery
Below $500? Ether Price Seeks Floor After 40% Decline
The 40 percent month-on-month decline of ethereum's ether cryptocurrency has pushed the long-term price floor down to $300, the technical charts indicate. As of writing, the world's second largest cryptocurrency by market capitalization is changing hands at $534, as per CoinMarketCap.
Read more: www.coindesk.com
G20 Considers Crypto As Assets, Not Currencies, According To Document Draft
A draft of a G20 document -- acquired by Bloomberg -- reads that cryptocurrencies “lack the traits of sovereign currencies,” implying that the G20 considers crypto to be an asset rather than a currency, Bloomberg writes today, March 20.
Read more: cointelegraph.com
Other sources:
Hong Kong Stock Exchange Looks to ASX for Blockchain Equity Settlement
The Hong Kong Stock Exchange (HKEX) is looking to follow its Australian counterpart in developing a blockchain settlement system.
Read more: www.coindesk.com
Other sources:
- Hong Kong Stock Exchange Seeks Dialogue With Australian Counterpart For Blockchain Advice
- Australia First, Hong Kong Next? World’s 6th Largest Stock Exchange Eyes Blockchain
Bittrex to Delist 82 Altcoins at End of March
Bittrex will delist 82 different altcoins on March 30th. The exchange has stated that the delistings are taking place in order to ensure that all tokens listed meet the platform’s “strict coin listing criteria and have a properly functioning blockchain and wallet”.
Read more: news.bitcoin.com
Other sources:
Asset-Based Coins Will Eventually Replace Small Cap Stocks, Says Kevin O'Leary
Kevin O'Leary told CNBC on Monday he's working on a deal to allow a "very prestigious brand hotel" in New York sell ownership in the company through a $400 million cryptocurrency offering instead of a stock IPO.
French Finance Minister Changes his Mind About Cryptocurrencies
In an interview on the Numerama website on Monday 19, Finance Minister Bruno Le Maire warns that France will not miss this technological revolution. A fierce opponent of bitcoin only a few weeks ago, Bruno Le Maire seems to have changed his opinion about cryptocurrencies. The Minister of Finance said that “we will not miss the blockchain revolution!”
Read more: www.coindaily.co
Other sources:
Ripple's XRP Just Might Be the Next Big Crypto Futures Market
A little-known British crypto company has already turned XRP futures into a budding business worth over $30 million a month.
Read more: www.coindesk.com
US Federal Trade Commission Creates Blockchain Working Group
The US Federal Trade Commission launched a Blockchain Working Group to study the way blockchain and crypto impact the agency’s objectives.
Read more: cointelegraph.com
Russian Government Resolves Disagreement on Draft Crypto Law
The Bank of Russia and the country's Finance Ministry have reportedly resolved a disagreement over the specifics of a proposed cryptocurrency law.
Read more: www.coindesk.com
Venezuelan Politician Blasts US Sanctions as Petro ICO Goes Public
A politician from Venezuela's ruling party has denounced U.S. sanctions against the petro, as the sale of the token opens to the public.
Read more: www.coindesk.com
Other sources:
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