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1). Facebook bans ads. Social-media giant Facebook Inc. FB, -0.63% on Tuesday said it would ban cryptocurrency ads on its platform. https://www.marketwatch.com/story/no-more-annoying-bitcoin-ads-on-facebook-2018-01-302). India cracks down on cryptocurrencies. India’s finance minister Arun Jaitley, in his budget speech on Thursday said the domestic government would take “all measures” to remove digital currencies in “financing illegitimate activities or as part of the payment system.” 3). Bitfinex and Tether concerns Tether and its sister company Bitfinex have been raising eyebrows within the digital-currency community, with the Commodity Futures Trading Commission subpoenaing the companies as critics question the accuracy behind assertions that every tether is supported by actual bank reserves. The most serious allegation against Tether is that its coins are digitally minted to purchase bitcoin on the Bitfinex exchange, which in turn drives up the price in the world’s No. 1 crypto asset, drawing business as the cyber unit climbs. 4). Crypto hack Japanese exchange Coincheck Inc. said it planned to spend up to ¥46.3 billion ($426 million) to pay back customers after the theft of some $530 million in Nem ‘s XEM tokens, the biggest heist since the 2014 hack of bitcoin stores at Mt. Gox. 5). Inherent volatility Bitcoin and its ilk have been naturally volatile but that volatility has accelerated so far in 2018 as digital currencies have seen mainstream focus and greater scrutiny from U.S. and Asian regulators.
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I'm so afraid guys,altcoin specially the btc are continuously down.
BTC/USD hit a bottom of $7625 in morning trading before exiting considerably higher, breaking $8793 at press time.
Bitcoinist had earlier cited online trading sources forecasting a price floor against USD as low as $7300.
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I think year 2018 is not the year of ETH.
Why....?
Because month of January and February,all altcoin are bleeding specially the BTC.
If The value of BTC in the exchanges are crackdown all altcoin are affected.
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Earlier this week, the social media giant announced that the platform would be banning adverts for ICOs and cryptocurrencies and what the company termed “financial products and services frequently associated with misleading or deceptive promotional practices.“
Whether Facebook partners with Litecoin still remains to be seen, however, Charlie Lee left some breadcrumbs last year by tweeting that 2018 would have one huge surprise for Litecoin:
The Litecoin team has been hard at work working with companies to support Litecoin.
Facebook is still a hotbed of deception and dishonesty with or without ICO advertising, most crypto groups are plagued with this digital detritus. Removing crypto advertising could pave the way for a new partner, it is unlikely to have anything to do with preventing scams.
Will Litecoin be boosted by a new partner in 2018?
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So what’s causing the slide to begin with? As usual, no one thing can be blamed for Bitcoin’s current downturn, but recent skittishness around a subpoena for Bitfinex and concerns around Tether — a kind of cryptocurrency counterpart to USD that matches the dollar one to one — probably factor in. Recent news that Facebook would ban ads for ICOs probably didn’t help either. And it seems like every day a new Ponzi scheme gets busted, throwing yet more doubt on the credibility of plenty of less than legit ICOs. Countries across the globe will continue to struggle to accommodate their citizens’ sudden interest in digital currencies. In some countries, as is the case of India, that’s shaping up to be a crackdown on illegitimate activity that might also affect legitimate transactions. It’ll be interesting to see what happens as we move into next week’s Senate Banking Committee hearings on cryptocurrency. Titled “Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission,” the open hearings will air on February 6 at 10:00 Eastern time. It’s possible that the upcoming discussion in Congress has traders nervous, but ultimately variables from all over the globe combine to affect the market every day. https://www.banking.senate.gov/public/index.cfm/2018/2/virtual-currencies-the-oversight-role-of-the-u-s-securities-and-exchange-commission-and-the-u-s-commodity-futures-trading-commission.
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Bitcoin Price Dives Below $9,700
January proved to be one of Bitcoin’s worse months in recent memory, as a variety of factors converged to erase the tail end of the asset’s remarkable 2017 rally.
But now all altcoins are crackdown..
Unfortunately, the flagship cryptocurrency does not appear to have shaken off those woes upon entering February, and growing regulatory concerns have reduced the Bitcoin price to a present value of $9,643. This translates into a $161.5 billion market cap and represents a single-day decline of six percent.
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There are other gaming platforms available – even other blockchain-based gaming platforms – so what makes Decent.bet so special? Doesn’t it seem to take forever for a new ICO to deliver on their promises? Decent.bet, the community-owned gaming platform, recently completed their ICO and has already delivered their DBET token wallet, three testnets and a new wallet update is right around the corner. Is there any other cryptocurrency platform that has delivered faster?
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Major Japanese social messaging app LINE has announced today,that it is launching its own crypto exchange and in-app trading space for its 200 million active monthly users. According to LINE’s official statement today, their application to operate a new cryptocurrency exchange is currently sitting before Japanese regulators. Japan began operating a licensing scheme for cryptocurrency exchanges in 2017. The government has seen approved over twenty exchanges joining what become a popular industry, involving several major corporations. In its official statement LINE said it was establishing a new company, LINE Financial Corporation, to serve as a base to “provide a variety of financial services, including a place to exchange and transact virtual currencies, loans, and insurance.” The in-app cryptocurrency exchange will complement LINE’s existing in-app mobile payment service, LINE Pay, which to date has around 40 million registered users. In addition, the platform aims to “promote research and development of technologies such as blockchain,” but did not specifically state how this would take shape. Following Japanese crypto exchange Coincheck’s $530 mln heist last week, experts had warned that the image of cryptocurrency may be dented in the public eye for the medium term, something which fresh involvement of well-known brands like LINE could help alleviate. Japan has sought to distance itself from the more restrictive stances on cryptocurrency usage taken by neighboring China and South Korea this year and last. https://linecorp.com/en/pr/news/en/2018/2024
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This week the team at Bitcoin.com, the internet’s premier bitcoin portal, launched its block explorer enabling cryptocurrency enthusiasts to search the bitcoin cash (BCH) and bitcoin core networks for activities like transactions, addresses, and information about particular blocks. This product adds another awesome tool to the Bitcoin.com portfolio and the Bitcoin Cash community — Future plans include rolling out support for the growing ecosystem of colored coins built on top of the Bitcoin Cash protocol. https://explorer.bitcoin.com/bchhttps://tools.bitcoin.com
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SBI Holdings announced that its newly released digital asset exchange — SBI Virtual Currencies — will use XRP as the only digital asset supported at launch. SBI Holdings is the leading financial service company in Japan. Their subsidiary, SBI Securities, is Japan’s largest online securities company with more than 4 million brokerage accounts. The exchange is designed to provide a respected and reliable exchange for both its institutional customers and individual digital asset buyers in Japan. SBI Holdings CEO and Executive Chairman Yoshitaka Kitao, told Ripple Insights why SBI Holdings believes so strongly in XRP. “Not only does it have a clear use case, XRP is faster, cheaper and more scalable than any other digital asset,” Mr. Kitao said. “I strongly believe it will become the global standard in digital currencies.” http://bitcoinist.com/sbi-holdings-to-list-xrp-at-the-launch-of-sbi-virtual-currencies/https://asia.nikkei.com/Tech-Science/Tech/Japan-s-brokerages-joining-to-adopt-blockchain
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I guest Mira -Feb.1, 2018 to Feb.28, 2018 Raison- Feb. 1, 2018 to. Feb.28, 2018 Healthureum - Jan.26, 2018 to March 1, 2018 or just see link below: https://icotracker.net/upcoming
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This is a great news.... January 31, 2018 – LINE Corporation (“LINE”) established a new company, LINE Financial Corporation (“LINE Financial”), as follow-up to LINE Pay – a mobile money transfer and payment service available on the LINE messaging app. LINE Pay,” the company further reinforces its position in the financial business domain with insurance, loan, virtual currency (cryptocurrency), and more. LINE Financial Corporation will continue closing the distance between people, their money, and services. LINE hopes to become a leader in the FinTech industry as the world moves increasingly towards a cashless wallet-less society. The application process for registration as a virtual currency exchanger has already been started with the Financial Services Agency, and it is currently under review. LINE Financial Corporation Overview Company name: LINE Financial Corporation Representative: Takeshi Idezawa, Representative Director (currently the Representative Director, President, and CEO of LINE Corporation) Directors: Jun Masuda (currently a Director of LINE Corporation) In Joon Hwang (currently a Director of LINE Corporation) Total capitalization: JPY 5,000,000,000 https://cointelegraph.com/news/major-japanese-chat-app-line-to-open-crypto-exchange-for-its-200-mln-monthly-users
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In a document published on Jan. 23, the regulator said it would only allow trade in cryptocurrencies from real-name bank accounts beginning Jan. 30. Those rules enabled banks to comply with their KYC AML (know your customer, anti-money laundering) obligations, the document said. South Korea's Financial Services Commission on Tuesday confirmed to CNBC that new measures outlined by the body earlier this month had been implemented. http://www.fsc.go.kr/eng/new_press/releases.jsp?menu=01&bbsid=BBS0048&selYear=2018#34502
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This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms. Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. 29. Prohibited Financial Products and Services Policy Ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency. Examples: “Start binary options trading now and receive a 10-risk free trades bonus!” “Click here to learn more about our no-risk cryptocurrency that enables instant payments to anyone in the world.” “New ICO! Buy tokens at a 15% discount NOW!” “Use your retirement funds to buy Bitcoin!” https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services
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Facebook Gives Crypto Ads the Thumbs Down. Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency. https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services
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The best way is for you to store the funds yourselves. There are various devices called hardware wallets which are really safe.
Cryptocurrency investors,users should get a "hardware wallet" to protect themselves, an app developer said Tuesday, after hackers stole $530 million in digital coins in Japan.
A "hardware wallet" is a physical device that may come in the form of a USB drive, and is used to access digital coins. example of hardware wallet is..."Haenni".
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Cryptomiso is a new website that logs and charts the Github commits for over 600 cryptos, and its top 10 contains a few surprises. The top five performers, based on developer activity, are predictably tied to new or yet-to-launch projects where there is still much work to be done. Top of the heap is Cardano, with over 6,500 commits from 51 contributors, followed by Lisk, Waves, 0x, and EOS. Bitcoin comes in at number seven, just behind Globaltoken, an obscure that coin is only available on Coinexchange. Its entire market cap is just $350,000. Github commit frequency shows that a coin is being maintained, but it doesn’t show the quality of these updates. For example, translating documentation into Swahili would be scored the same as adding Lightning Network support, even though the latter is of significantly more importance. As a broad indicator of a cryptocurrency’s developer support, however, Cryptomiso is a useful tool. https://www.cryptomiso.com/
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Great news,A new law in Russia has been proposed which is aiming to regulate and control the production of cryptocurrencies and digital assets in financial sectors. The newly proposed legal framework would properly define regulatory requirements for cryptocurrencies, ICO's mining and traiding. The law was also proposed in order to curb or stop illicit and illegal activities that might be contracted with cryptocurrencies. http://bitcoinist.com/russia-plans-to-regulate-production-and-control-of-cryptocurrencies/
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People should use bitcoin because:
1.save on fees 2.3% discount when purchasing gift card. 3.they use blackchain features, such as recording transactions permanently. 4.Bitcoin is an open source,p2p form of digital currency. 5.Bitcoin also allow you to do many things that you couldn't do conventionally. 6.Bitcoin is peer to peer fees for transactions are extremely minimal or even free.
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Yes,you should buy bitcoin if the price will dropped that is the best time to buy bitcoin. In a few days the price of bitcoin will rise and fall in the cryptocurrencies world market because of the pressure from China and south Korea. If the price will dropped that is a sign to buy,in the next day or next month the price will totally rise.
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