Cryptocurrencies Market Overview - March 9, 2018

Today in the news:

  • Four dark red days in a row :(
  • Sierra Leone uses blockchain technology to track votes in presidential elections.
  • Announced planned maintenance on Poloniex took longer than expected.
  • Synereo has launched the WildSpark social network. A Steemit competitor.
  • And more crypto news below...

24 Hour Change

Realtime chart on my website CoinMarkets.today

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Bitcoin daily chart

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - March 09, 2018

Bears in Control, But Bitcoin Eyes $8K Defense

Bitcoin's 28 percent drop this week has turned the tide in favor of the bears, but a sustained break below $8,000 looks unlikely in the short-run, the price charts indicate.
Read more: www.coindesk.com

More sources about Bitcoin's price:

PBOC’S Zhou Xiaochuan: No Imminent Regulatory Measures On Digital Currency

Zhou Xiaochuan, governor of China’s central bank, the People’s Bank of China (PBoC), talks about digital currency, bitcoin and regulations on digital currency during a press conference held for the National People’s Congress 2018. He said, there’s no imminent regulatory measures on digital currency. Future regulations are dynamic depending on the technology and regional trial.
Read more: 8btc.com

Other sources:

US Congress to Discuss ICOs in Hearing Next Week

A subcommittee of the U.S. House of Representatives Financial Services Committee is set to hold a hearing next week on cryptocurrencies and initial coin offerings (ICOs).
Read more: www.coindesk.com

Sierra Leone Uses Blockchain To Track Election Results, Swiss Company Provides Expertise

In an apparent first, the African nation of Sierra Leone has employed Blockchain technology in tallying its presidential elections, according to Agora CEO Leonardo Gammar March 7.
Read more: cointelegraph.com

Other sources:

South Korean Seniors Investing More in Cryptocurrencies Than Younger Folks

Although seniors are indeed less enthusiastic about cryptocurrencies than millennials, they tend to invest larger sums of cash in cryptocurrencies, a South Korean survey shows.
Read more: cryptovest.com

PayPal Filed a Patent to Speed Up Crypto Payments, Bitcoin Dev Argues It Already Exists

PayPal has filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of payments. Bitcoin expert argues that this is already made possible through existing technologies in the cryptocurrency industry.
Read more: cointelegraph.com

Qarnot unveils a cryptocurrency heater for your home

French startup Qarnot unveiled a new computing heater specifically made for cryptocurrency mining. You’ve read that right, the QC1 is a heater for your home that features a passive computer inside. And this computer is optimized for mining.
Read more: techcrunch.com

Other sources:

Poloniex Says Scheduled Wallet Maintenance To End ‘Shortly’, No Update 16 Hrs After Start

The Poloniex cryptocurrency exchange tweeted that they would be undergoing scheduled maintenance on their wallet service on Thursday, March 8, which has extended without comment from the company for over a day.
Read more: cointelegraph.com

Other sources:

Bitcoin Mining Giant Bitmain Sets Up Secret US Subsidiary

New reports indicate that crypto mining firm Bitmain is quietly preparing to open new facilities in Washington state.
Read more: www.coindesk.com

Synereo Launches “Wild Spark”, a Blockchain-Based Social Network

Synereo, the startup linking the attention economy to crypto coins, launched the WildSpark social network, to build a system of rewards based on content posted on several traditional platforms. The rewards in crypto coins would be available for posters on Imgur, Medium and YouTube, distributed with no middleman or pay cuts.
Read more: cryptovest.com

Ethereum Futures Inch Closer as Cboe Upgrades Trading Platform

Gemini, Cboe’s partner on crypto futures, has provided ethereum trading since at least 2016 and has a daily eth auction. Cboe, therefore, would now have the infrastructure to add ethereum futures, especially since they’ve gained some three months experience with bitcoin futures where trading has been fairly smooth.
Read more: www.trustnodes.com

Twitter Trying to Crackdown on Crypto Scams; Hit and Miss so Far

Twitter might start banning cryptocurrency-related accounts that resemble spam, a company representative said. However, sometimes it ignores scams while prohibiting anti-scam fighters.
Read more: cryptovest.com


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SteemBlockExplorer.com - SteemNow.com - CoinMarkets.today
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I've been playing around with WildSpark (Synero's Steemit Competitor) and as of right now I don't think they're anywhere close. As it sits right now, the only platforms that are compatible are YouTube, Medium, and Imgur, which isn't very robust and doesn't allow for much in terms of content. Plus, you can't follow other accounts and you're quite literally throwing away money if nobody "amplifies" the content after you. I can see where it's headed, but I think they opened it up too early.

Nice report. I've got a question someone here may be able to answer. I've seen a visualization style lately, and I was wondering what's the name of this type of chart and whether there's a website which provides them? The charts show a bunch of blocks, one per token, sized by marked cap, and colored red/green based on direction of 24-hour price change. See examples in this Steem post and this Zerohedge article.

Feel free to use and share my charts, but please mention me as the author.

Thanks for sharing! Consider explicitly releasing your post under a CC BY 4.0 License. The Creative Commons Attribution License is the best way to legally allow reuse with attribution (in your case, mentioning your authorship and linking to this post).

Thank you for the news report!

Never knew about wildspark. THey have a very nice gui.

The market has really being bad. Drastically reducing my payout as a newbie on the platform. Really painful

Useful information and interesting news! I like your idea about the Crypto Expectations on your last photo! Well done! ;)

so is WildSpark just as good as steemit?

Thanks
Nice your post
I like it
Information

:( Dark days :( Giving us kinda heart attack :(
Expectations always hurts :(

very helpful your writing. thank you @penguinpablo

Thanks
Nice your post
I like it
Information...

Bitcoin at downtrend.When the cryptocurrency move up?

Crypto world!
Just too crazy.

I like it information

Brutal. I guess its time to buy more. Served me well in the past. Buying in the hype is the surest way to lose money, so better now to buy on fire sale.

These red days have been rough, but keep your eyes on the light at the end of the tunnel. Keep hodling, and I believe we will all be rewarded handsomely in the future. Nice market update article as usual @penguinpablo!

so important to steemians...keep it up. thank you

Hi, I liked your post charts, thanks for sharing them.

Synereo, the startup linking the attention economy to crypto coins, launched the WildSpark social network, to build a system of rewards based on content posted on several traditional platforms. The rewards in crypto coins would be available for posters on Imgur, Medium and YouTube, distributed with no middleman or pay cuts.

So they finally got it off the ground! Gawd: I bought Syneros' AMPs in the ICO during 2014. Four years, it took them.

Thank you very much for this information @penguinpablo.

Regards
@el-nailul

I like the last cartoon. Few months back, it was opposite. .

The last image it's the true =(

We need to Wait!