๐Ÿ—ž Daily Crypto News, March 18th๐Ÿ’ฐ

in #bitcoin โ€ข 7 years ago (edited)

  • BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners ;
  • IOTA Price Notes Small Gains as Other Markets Crumble ;
  • Unconfirmed Report: Twitter To Ban Crypto-Related Ads In Response To Regulation Concerns;
  • Israel: Steps Toward Cryptocurrency Support? ;
  • The New Ways to Save Crypto from a Post-Quantum World
  • ๐Ÿ“‘ Daily Crypto Calendar, March 18th ๐Ÿ’ฐ
  • STEEM Trading Update by @cryptopassion

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

๐Ÿ—ž BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners

According to a study conducted by Wall Street analyst, Tom Leeโ€™s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at a loss.

Read more & Source: https://news.bitcoin.com/btc-prices-below-8k-could-spell-disaster-for-bitcoin-minersbtc-prices-below-8k-could-spell-disaster-for-bitcoin-miners/

๐Ÿ—ž IOTA Price Notes Small Gains as Other Markets Crumble

It is evident interesting things are happening in the world of cryptocurrency as of right now. Not all of these changes are positive by any means, though. With all prices still in the dirt, things look pretty terrible for most people. The IOTA price shows there may still light at the end of the tunnel, as it is the only top currency to note any gains.

Read more & Source: https://themerkle.com/iota-price-notes-small-gains-as-other-markets-crumble/

๐Ÿ—ž [Unconfirmed Report: Twitter To Ban Crypto-Related Ads In Response To Regulation Concerns

Sky News has reported today, March 18, that Twitter is considering implementing a ban on cryptocurrency-related advertising in two weeks according to an as-of-yet unconfirmed report.

Twitter had not responded to a request for confirmation of the alleged crypto ad ban by press time.

Read more & Source: https://cointelegraph.com/news/unconfirmed-report-twitter-to-ban-crypto-related-ads-in-response-to-regulation-concerns

๐Ÿ—ž Israel: Steps Toward Cryptocurrency Support?

In terms of technological innovation, Israel has been labeled by some as โ€œThe Startup Nationโ€ with Israeli ventures raising over $5 billion in capital in 2017. This is almost 10% of Chinaโ€™s yearly fundraising total. While thereโ€™s a number of popular applications, platforms, and products including USB flash drives, the Waze navigation app, SodaStream carbonation machines, the country has set its foot in the crypto industry as well.

Read more & Source: https://cointelegraph.com/news/israel-steps-toward-cryptocurrency-support

๐Ÿ—ž The New Ways to Save Crypto from a Post-Quantum World

That might sound like science fiction (or even FUD - fear, uncertainty and doubt) to many a cryptocurrency enthusiast, yet hardly a day goes by without some breakthrough in the field of quantum computing hitting the wires.

And while the technology will have many beneficial effects on humankind, for cryptocurrency holders, the technology could spell devastation.

Read more & Source: https://www.coindesk.com/new-ways-save-crypto-post-quantum-world/

Daily Crypto Calendar, March, 18th

  • Bean Cash (BITB)

"Next conference will be held on March 18th. @ 5PM EST."

  • Groestlcoin (GRS)

"To our community in Busan (S. Korea), we will have a local meetup on March 18th."

  • Jetcoin (JET)

Jetcoin will be the official jersey sleeve sponsor during FA Cup quarter-final match vs South Hampton.

  • Komodo (KMD)

The 2018 Komodo Notary Node Elections are rapidly approaching and we here at Komodo are pleased to be holding our second annual election.

  • COSS (COSS)

New user interface by Mar 18.

Read more & Source: https://steemit.com/bitcoin/@vlemon/daily-crypto-calendar-march-18th

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

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

Here is the current chart :

The symbolic support of 2$ is now broken. That support line held the drop during several hours but this was not strong enough to stop it. We are now under the 2$ and to be honnest, the next important support is around 1.26$. Let's don't be negative, a simple bounce could push us back upper of the 2$ but we need that the drop paused soon to be able to do that.

You don't want to miss a Crypto news?

Follow me on Twitter and Facebook

Sort: ย 

Btc is going down hard right now!

https://freebitco.in/?r=10689239 (for free BitCoin)
http://freedoge.co.in/?r=1178803 (for free DogeCoin)

Come after every hour and play as much you play as much you earn

Good Luck

Just found your Steemit, and realized you make really similar content as I do!

The article is very informative, and well formatted :)! You got a new follower!

Thank you for your comment I went to see your blog and we do make similar kind of content.
Take care.

With miners not making $ with btc...it makes me compare it to the barrel of oil :) Appreciate your posts!!

Indeed, it can go under your production cost for a while until it really hits you.
But I am sure their Breakeven is way lower than 8k.

Invest is Now, you must think where do it.

https://freebitco.in/?r=10689239 (for free BitCoin)
http://freedoge.co.in/?r=1178803 (for free DogeCoin)

Come after every hour and play as much you play as much you earn

Good Luck

thank you

I have seen the news about BTC mining not being profitable at under $8,000.00 several times and I have asked the same question, if they can't profit at say $7,000.00 what were they doing when BTC was at $1,000.00?

I guess it was less GPU intensive. I also ask myself the same question.

wait because bitcoin will fall and then invest
thank you for news

https://freebitco.in/?r=10689239 (for free BitCoin)
http://freedoge.co.in/?r=1178803 (for free DogeCoin)

Come after every hour and play as much you play as much you earn

Good Luck

Thanks for sharing.....but i don't know about this bitcoin falling.....

https://freebitco.in/?r=10689239 (for free BitCoin)
http://freedoge.co.in/?r=1178803 (for free DogeCoin)

Come after every hour and play as much you play as much you earn

Good Luck

Hey!

Useful information about the day opening price, For all current and future readers.

Today's date 17/03/2018:
Bitcoin: 8509$
Ethereum: 612$
Ripple: 0,70$
Bitcoin Cash: 998$
Litecoin: 168$
NEO: 66$
Cardano: 0,18$
Stellar: 0,24$
EOS: 5,2$
Monero: 220$

Have a good day everyone!

Is it really 8k for mining? Pretty sure it was way lower than that. Or I guess it's situational.

great stuff!! see mine if you will...on the markets..your opinion? yankee-statman.