πŸ—ž Daily Crypto News, March 1stπŸ’°

  • WSJ: SEC Launches Cryptocurrency Probe;
  • Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency ;
  • Why Do Cryptocurrencies Need Blockchain?;
  • China's Police Expand Crypto Monitoring Overseas;
  • Report: Crypto Miners Bought 3 Million GPUs Last Year
  • πŸ“‘ Daily Crypto Calendar, March 1st πŸ’°
  • STEEM Trading Update by @cryptopassion

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

πŸ—ž WSJ: SEC Launches Cryptocurrency Probe

The US Securities and Exchange Commission (SEC) has launched a probe into cryptocurrency business, the Wall Street Journal reported today, Feb. 28th. Undisclosed sources told WSJ that the regulatory agency has a currently unknown number of subpoenas and information requests to advisers and technology companies active in the United States’ cryptocurrency market.

Read more & Source: https://cointelegraph.com/news/bill-gates-cryptocurrencies-caused-deaths-in-a-fairly-direct-way-in-reddit-ama-community-reacts

πŸ—ž Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency

A small island nation with less than 60,000 inhabitants best known internationally as a former test site for nuclear weapons is joining the hottest new trend – issuing a national cryptocurrency. The planned Marshall Islands’ Govcoin is expected to be issued later this year.

Read more & Source: https://news.bitcoin.com/offshore-tax-haven-marshall-islands-issue-national-cryptocurrency/

πŸ—ž Why Do Cryptocurrencies Need Blockchain?

Even with the crypto revolution gaining more and more momentum by the day, there still seems to be a tangible knowledge gap within this sphere. For example, many people are still not clear as to what the blockchain and crypto assets really are.

Read more & Source: https://themerkle.com/why-do-cryptocurrencies-need-blockchain/

πŸ—ž China's Police Expand Crypto Monitoring Overseas

China's police force is reportedly expanding its internet monitoring to include international cryptocurrency activities.

According to business news outlet Yicai, China's Public Information Network Security Supervision agency under the Ministry of Public Security, the country's police force, has been closely watching foreign cryptocurrency exchanges, as well as domestic platforms that have shifted overseas.

Read more & Source: https://www.coindesk.com/chinese-police-extend-crypto-exchange-monitoring-overseas/

πŸ—ž Report: Crypto Miners Bought 3 Million GPUs Last Year

More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector.

Read more & Source: https://news.bitcoin.com/report-crypto-miners-bought-3-million-gpus-last-year/

Daily Crypto Calendar, March, 1st

  • PACcoin (PAC)

"The ratio for redemption will be 1000:1 or 1000 current PacCoins for 1 new PacCoin on the new blockchain & code fork."

  • Nxt (NXT)

Official token distribution event (Airdrop) scheduled to commence on March 1st, 2018.

  • NEO (NEO)

NEO will airdrop ONT to the community. The airdrop is supported by binance

  • Pura (PURA)

"1st March - Aurora Beta Tester Release"

  • Hshare (HSR)

The UBTC airdrop for HSR holders The block-height of the HSR snapshot will be the block at 12:00 UTC on the 1st day of each month.

@vlemon/daily-crypto-calendar-february-28th

Sources: Coincalendar.info, Cryptocalendar.pro, Coinscalendar.com, CoinMarketCal

STEEM Trading Update by my friend @cryptopassion

The pressure between our 2 lines is increasing :

You can see that the Bollinger Bands are continuing to be parallel. The more time we will stay in this scenario, the more powerfull will be the break out. The problem is that it is impossible to know in advance the direction that the break out will take.

If you want trade the Steem, I would suggest you to wait the start of the break out and trade the continuation. This is the less risky.

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