Cryptocurrency Headlines on Week 34, 2018 - Part 3
| NO | HEADLINES | SOURCE |
|---|---|---|
| 1. | A Fight Is Breaking Out Over Bitcoin Cash – And It Just Might Split the Code | COINDESK |
| 2. | Before Bitcoin ETFs Pass, A Clear Crypto Narrative Is Needed | COINDESK |
| 3. | SEC Says It Will 'Review' Bitcoin ETF Rejections | COINDESK |
| 4. | Bitcoin Price Defends Key Support Despite ETF Rejections | COINDESK |
| 5. | Alibaba Payments App to Step Up Scrutiny Over Crypto OTC Trading | COINDESK |
| 6. | UK Government-Backed Accelerator Will Sponsor Blockchain Startups | COINDESK |
| 7. | Swedish Bank Inks Deal to Offer Crypto Fund Trading | COINDESK |
| 8. | The World Bank Is About to Settle a Blockchain Bond Worth $73 Million | COINDESK |
| 9. | Crypto Startups Are Destroying Millions of Coins – And Investors Love It | COINDESK |
| 10. | China Seeks to Block Access to 124 Foreign Crypto Exchanges | COINDESK |
| 11. | Even If It Fails: Why Dash Could Have a Lasting Impact on Crypto Adoption | COINDESK |
| 12. | SEC Rejects 9 Bitcoin ETF Proposals | COINDESK |
| 13. | FTC Issues Warning on Bitcoin Blackmail Scams | COINDESK |
| 14. | US Congresswoman Reveals She Bought Ether and Litecoin Last Year | COINDESK |
| 15. | MetLife Asia Affiliate Trials Blockchain Insurance Product | COINDESK |
| 16. | Venues Banned from Hosting Crypto Events in Beijing's Finance District | COINDESK |
| 17. | A Canadian Government Body Has Built an Ethereum Blockchain Explorer | COINDESK |
| 18. | When Capitulation? 3 Ways Bitcoin's Bear Market Might End | COINDESK |
| 19. | World Bank and Australia's Largest Bank Issue Bond Exclusively Through Blockchain | COINTELEGRAPH |
| 20. | UK Gov’t Researching Distributed Ledger Technology for Securing Digital Evidence | COINTELEGRAPH |
| 21. | Pornhub Partners With PumaPay to Accept Crypto as Payments | COINTELEGRAPH |
| 22. | Electronics Giant LG Focuses on Development of Blockchain, AI, IoT With Branding Strategy | COINTELEGRAPH |
| 23. | California Police Arrest Teenage ‘SIM Swapper’ Who Allegedly Stole Crypto From Cell Phones | COINTELEGRAPH |
| 24. | Liechtenstein Bank Issues Own Crypto Stable Coin, Aims to Become ‘Blockchain Investment Bank’ | COINTELEGRAPH |
| 25. | BlockShow Panelists Argue About Bitcoin’s Decentralization, Blockchain Pros and Cons | COINTELEGRAPH |
| 26. | Factom Files Patent For Secure Data Sharing Using Blockchain | COINTRUST |
| 27. | Integrated Payment Gateway CoinPayments Adds Tron To Its Platform | COINTRUST |
| 28. | “Unikeys To Launch UKey, a Hack Proof Biometric Hardware Wallet Card” | COINTRUST |
| 29. | Can IOTA Execute Million Transactions Per Second? | COINTRUST |
| 30. | Cheating Spouses Targeted By Bitcoin Blackmailers | COINTRUST |
| 31. | Ripple’s CTO Says Amex Is Testing xRapid Platform | COINTRUST |
The above headlines were abstracted from various websites and presented to the viewers for easier access.
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Hi @kcherukuri, how do you think will go the rate of Steem after the SMT implementation?
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First of all we will discuss general scenario. When we are in bullish market even the worst scenario won't impact the bull run. At the same time in a bear market the best will also don't make a big impact.
Secondly markets won't lose opportunities to take profits. But these profit takers will be less than 5% of the total population who are involved in the markets. I guess the current crypto markets are in capitulation mode. I don't see any major spike in the markets till one more year.
But coming to steem I guess after successful impementation of SMT we can see a short term surge in the price action by about 50%. At 50% Steem will settle around 1.4$ which is a good resistance level. If it breaks above that level then there will be another price action.
Successful main net launch like vet also seen a major uptrend like this. It has grown almost 50% and settled at that price. We can't compare one with another as both have their own markets and different price movements. But as a general investor we should take a note of others mindset also.
Hopefully I have answered your query. Thanks for asking this as I got a chance to look into the chart.
Woow, very detailed and informative post. I will have some more questions later on.
Are you deeply involved in the blockchain., trading?
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Not deeply involved. But I have been following this for quite some time. Doing it as a part time.
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