- The Cryptocurrency Market Cap Trends Higher – Commanding $300Bn This Week
- Karpeles Coin: Mt. Gox Founder’s ICO Plans Cause Community Outrage
- To the Moon? Time to Grow Up, Bitcoin;
- Crying Wolf? Why You Can't Ignore Crypto 'Scam' Accusations
- Regulation Round-Up: Kenya, Ghana and Algeria Fudding and Fighting Bitcoin
- STEEM Trading Update by @cryptopassion
🗞 The Cryptocurrency Market Cap Trends Higher – Commanding $300Bn This Week
This week the entire cryptocurrency market capitalization surpassed US$300Bn for the first time in history. Bitcoin’s significant rise in value, alongside the wide variety of other cryptocurrencies having similar price spikes continue to reveal that digital assets are trending across the world in a big way.
Read more & Source: https://news.bitcoin.com/cryptocurrency-markets-trend-higher-commanding-300bn-this-week/
🗞 Karpeles Coin: Mt. Gox Founder’s ICO Plans Cause Community Outrage
From 2011 to 2013, the now-defunct cryptocurrency exchange Mt. Gox, had lost 850,000 Bitcoins it had stored on behalf of its clients and traders. At today’s Bitcoin price, the stolen Bitcoins amount to a staggering $8.25 bln.
In a blog post, Karpeles completely dismissed the creditors by expressing his intentions to pay out the minimum amount possible and keeping the majority of the 202,000 Bitcoins.
Read more & Source: https://cointelegraph.com/news/karpeles-coin-mt-gox-founders-ico-plans-cause-community-outrage
🗞 To the Moon? Time to Grow Up, Bitcoin
But as someone who spent decades watching financial markets go through repeated patterns of exuberance and retrenchment, I’m quite uneasy with bitcoin’s latest runup. A 20% gain over the weekend left it up 60% over two weeks and up an eye-popping 900% year-to-date.
Read more & Source: https://www.coindesk.com/moon-time-grow-bitcoin/
🗞 Crying Wolf? Why You Can't Ignore Crypto 'Scam' Accusations
As children, we all heard the story of the boy who cried wolf and learned that the moral was not to raise false alarms, or else no one will believe it when you report a real emergency.
But there's another, less obvious and more unsettling lesson of the fable. It's the takeaway for the recipients of a distress call (the villagers in the story): Even if someone pulled your leg in the past about a supposed clear and present danger, there is still the possibility he might be dead serious this time. So if you write him off because of his track record, there's a chance your sheep will be devoured.
Read more & Source: https://www.coindesk.com/crying-wolf-cant-ignore-crypto-scam-accusations/
🗞 Regulation Round-Up: Kenya, Ghana and Algeria Fudding and Fighting Bitcoin
Governments across Africa are striking a firm tone regarding bitcoin and cryptocurrencies, with Algeria’s congress expected to ban all cryptocurrencies, and Kenya’s central bank warning against the risks of cryptocurrency, and an advisor to Ghana’s ministry of communications describing “fear of the unknown” as the principal barrier to greater adoption of virtual currencies. In other news, a Kenyan man has negotiated to pay the ‘goat portion’ of his dowry using bitcoin.
Read more & Source : https://news.bitcoin.com/regulation-round-up-kenya-ghana-and-algeria-fudding-and-fighting-bitcoin/
STEEM Trading Update by @cryptopassion
Yesterday in my publication, I was saying you that STEEM was testing the resistance line of the long term triangle :
We had a nice Break Out to reach the levels of $1.30.
We had after an immediate correction.
We are now back higher that the resistance line.
If we can stay UP, we should see soon a very nice increase coming on the STEEM !
🗞 Daily Crypto News, November 27th💰
🗞 Daily Crypto News, November 26th💰
🗞 Daily Crypto News, November 25th💰
🗞 Daily Crypto News, November 24th💰
🗞 Daily Crypto News, November 23rd💰
