🗞 Daily Crypto News, March, 13th💰

Crypto Markets Are Trading Sideways, Bitcoin Holds $3,900 Support;
Thai SEC Approves Country’s First ICO Portal ;
SEC Chair Clayton Affirms Agency’s Stance Ether Is No Longer a Security;
IBM Quietly Enters Crypto Custody Market With Tech Designed for Banks ;
Xena Launches Leveraged Contract for Yet to Be Released Telegram Token ;
📑 Daily Crypto Calendar, March, 13th💰
STEEM Trading Update

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

🗞 Crypto Markets Are Trading Sideways, Bitcoin Holds $3,900 Support

The top 20 cryptocurrencies by market cap are seeing mixed signals, with losses not exceeding 1.1 percent, while some coins have seen a growth of over 3 percent over 24 hours at press time.

🗞 Thai SEC Approves Country’s First ICO Portal

Thailand’s securities regulator has approved the first initial coin offering (ICO) portal in the country, local daily news outlet the Bangkok Post reported on March 12.

The Thai Securities and Exchange Commission's (SEC) board of directors has reportedly authorized the first ICO portal that allows to screen ICOs, perform due diligence, confirm smart contract source codes and conduct Know Your Customer (KYC) procedures. The operator of the ICO portal is reportedly a foreign entity.

🗞SEC Chair Clayton Affirms Agency’s Stance Ether Is No Longer a Security

The U.S. Securities and Exchange Commission’s chairman has seconded a colleague’s analysis that found the world’s second-largest cryptocurrency likely does not qualify as a security.

Last year, SEC Director of Corporation Finance William Hinman said during a speech that ethereum, the No. 2 coin by market cap, did not exhibit the properties of a security. At the time, he explained that he did not see a central group as being responsible for the cryptocurrency.
Congressman Ted Budd – with industry advocacy group Coin Center – asked for clarification on whether SEC Chairman Jay Clayton agreed with Hinman’s remarks. The regulator has now responded by saying he agrees “that the analysis of whether a digital asset is offered or sold as a security is not static and does not strictly inhere to the instrument.”

🗞 IBM Quietly Enters Crypto Custody Market With Tech Designed for Banks

IBM is coming to the crypto custody space.
Later this month, Shuttle Holdings, a New York investment firm, will launch the beta version of a custody solution for digital assets built on IBM’s private cloud and encryption technologies. The companies won’t be storing cryptocurrencies and tokens themselves, but offering tools for others to do so.

Potential users include banks, brokers, custodians, funds, family offices and high net worth investors who want to do self-custody, as well as exchanges, Brad Chun, Shuttle’s chief investment officer, told CoinDesk.

🗞 Xena Launches Leveraged Contract for Yet to Be Released Telegram Token

The Telegram token (gram) has started trading as a perpetual contract on London-based Xena Exchange. On Mar. 12, the crypto exchange launched a derivative contract for grams, with up to 100x leverage. The Xena-listed perpetual contracts are publicly tradable and are intended to provide liquidity for the gram token ahead of its release later this year.

📑 Daily Crypto Calendar, March, 13th💰

Bitcoin (BTC)

Bitcoin Future Contract (XBTH19) expires on March 13, 2019.

Holo (HOT)

Holochain meetup in Montreal at Flowland Montreal 5369 boul. St-Laurent, #310 from 7:45-10:00 PM.

Nexus (NXS)

Dev team hosts weekly status update at 5 PM (MST) on current developments including Tritium mainnet and satellite launch.

General Event (CRYPTO)

"TOKEN2049 organizes the premier digital asset event in Asia on 13-14 March 2019 in Hong Kong."

Vezt (VZT)

#SXSW2019 Blockchain & Music hosted by Phu Styles & VEZT at The Blockchain House in Austin, TX from 11:30 AM – 1:00 PM (CDT).

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

Yesterday, I was saying you that we must have a bounce from the support line in blue and hopefully it happened. We are now going in direction of the previous Top around 0.56$. This is the next objective to reach in order to start again to do new highs. The STEEM is in a UP trend the last weeks and even if it is normal to have some corrections, it looks like the market is much more positive than back. Enjoy !

Last Updates

Join this new Free To Play on the STEEM Platform !

You don't want to miss a Crypto news?

Follow me on Twitter or Facebook

Join SteemFollower and get Upvotes back !

You don't want to miss a Crypto news?

Follow me on Twitter or Facebook

Join SteemFollower and get Upvotes back !

Posted from my blog with <a

Posted from my blog with SteemPress : https://scrips.io/blog/mr-cryptolemon/%f0%9f%97%9e-daily-crypto-news-march-13th%f0%9f%92%b0/