- BTC Longs Hit New Low for 2019, ETH Longs Test ATH ;
- Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone ;
- Stellar Lumens Is About to Begin Trading on Coinbase Pro;
- Spain: Stock Exchange Operator Pilots Collateral Pledges Digitization on Blockchain ;
- Crypto Mogul Moshe Hogeg’s ICOs Have Unusual Patterns, Analysis Finds ;
- ? Daily Crypto Calendar, March, 14th?
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
? BTC Longs Hit New Low for 2019, ETH Longs Test ATH
In recent market action, BTC shorts have increased by 20% during the last two weeks, while longs have continued to slide for the fourth straight week to consistently post lower lows for 2019 so far. In other markets, ETH shorts have dropped by nearly 50% while longs have pushed into new all-time highs, and LTC shorts and longs alike have recently tested all-time high resistance.
Ethereum (ETH) long positions have experienced significant volatility in recent weeks, with positions falling roughly 15% in two days after posting a new all-time high of approximately 531,000 on Feb. 24. Since Feb. 28, longs have nearly completely recovered, gaining 18% in two days to currently sit at approximately 521,000.
? Tether Says Its USDT Stablecoin May Not Be Backed By Fiat Alone
Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves.
The new text states that while its stablecoin is 100 percent backed, its reserves may at times include other assets.
The website reads:
“Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, “reserves”)”.
? Stellar Lumens Is About to Begin Trading on Coinbase Pro
The Stellar lumen has just become the latest cryptocurrency to be listed on Coinbase’s professional exchange.
Coinbase Pro announced Wednesday that it was accepting deposits of XLM, with trading support coming once sufficient liquidity is established. The process will take a minimum of 12 hours, according to a blog post.The cryptocurrency is not yet available on Coinbase’s retail platforms, including coinbase.com or its Android and iOS apps.
? Spain: Stock Exchange Operator Pilots Collateral Pledges Digitization on Blockchain
Major Spanish stock market operator Bolsas y Mercados Españoles (BME) has completed its first blockchain pilot for electronic certificates of collateral pledges, according to an official press release published on March 15.
Implemented along with Renta 4 Banco, which is the only investment services firm listed on the BME, the new pilot intends to eliminate the use of physical certifications by digitizing all processes and providing network participants with real-time access to data.
? Crypto Mogul Moshe Hogeg’s ICOs Have Unusual Patterns, Analysis Finds
Best-known internationally as the chief executive of the blockchain smartphone startup Sirin Labs, Moshe Hogeg is becoming known for something else in Israel – mounting lawsuits.
As reported extensively by regional news outlets, a lawsuit filed in January claims Hogeg misappropriated funds from the sale of new cryptocurrencies for both his own gain and to benefit his investment portfolio, including Sirin Labs. The judge has reportedly given Hogeg until March 15 to settle with the plaintiff, Chinese investor Zhewen Hu.
? Daily Crypto Calendar, March, 14th?
“Full EMC2 FORK ‘Blue Paper’ and Timelines to be released on March 14th, Einstein’s birthday.”
RTA Mining tentative release date.
“We will accept deposits for approximately 12 hours prior to enabling full trading.”
BitMart OIO deposits open March 11th. ETH trading pair becomes available at 8 AM (EDT) on March 14th.
“ETN/BTC and ETN/ETH trading will be available from 15:00, March 14, 2019 (GMT+8).”
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
- ? Daily Crypto News, March, 12th?
- ? Daily Crypto News, March, 11th?
- ? Daily Crypto News, March, 10th?
- ? Daily Crypto News, March, 9th?
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