* DISCLAIMER: All information is provided only for informational purposes and should not be considered as an investment advice.

(Mar 20) Daily Digest: G20 says crypto is an asset, Bitcoin vs Morgan Stanley crash, Petro banned by US, Mastercard support Crypto

Quote of the day

If governments look to create national digital currency we’d be very happy to look at those in a more favorable way [compared with existing decentralized cryptocurrencies.

Ari Sarker, Mastercard Asia-Pacific co-president

 

 

Graph of the day

News Digest

 

Blockchain technology and development

 

Mastercard “Very Happy” to Support [State] Cryptocurrencies, Just Not Anonymous “Junk”

“Payments giant Mastercard is fully behind supporting state-backed, central bank-issued cryptocurrencies, a senior executive has revealed.” Read more.

 

 


Laws and regulations

 

G20 says cryptocurrencies are more like an asset than it is to money – report

“The report says that the countries in attendance are seeing cryptocurrencies as an asset, not so much as a currency..” Read more.

 

Governing Cryptocurrencies through Forward Guidance?

“Bitcoin stands like no other cryptocurrency for the profound transformation of financial markets in the digital economy.” Read more.

 

When Is a Bitcoin Not a Bitcoin? When It’s an Asset, Says G-20

“Finance ministers seeking to crack down on tax evasion this week in Buenos Aires have cryptocurrencies like Bitcoin at the forefront of their minds.” Read more.

 

Donald Trump Orders Nationwide Ban on Purchase or Use of Venezuela’s Cryptocurrency

“President Donald Trump’s administration issued an executive order on Monday that essentially bans “any transactions within the United States involving any digital currency issued by, for, or on behalf of the Government of Venezuela,” effectively making it illegal to purchase or use the oil-backed Petro cryptocurrency or any others launched by the Venezuelan government ” Read more.

 

 


EXCHANGES

 

Binance Bounty — Progress Update 

“As previously announced, on March 7th, there was a large-scale attempt to manipulate and steal funds on Binance, which was ultimately unsuccessful. ” Read more.

 

Cryptocurrency Exchange Listing Success Markedly Vary 

“Despite the regulatory uncertainty regarding whether the ICO tokens are considered securities, there are seven large exchanges that are actively trading ICO tokens. ” Read more.

 

 


Cryptocurrency

 

Bitcoin PRICE SHOCK: Stark warning cryptocurrency could ‘CRASH’ faster than dot-com bubble 

“Morgan Stanley likened the current market climate of Bitcoin to the dot-com bubble that, during its most “exuberant” period rose by 250 to 280 per cent – however analysts have stated that the cryptocurrency’s timeline is accelerating much faster.” Read more.

 

Bitcoin proving to be nothing more than a con 

“A weekend selloff cryptocurrencies subsided, with Bitcoin rallying from a six-week low before Group of 20 finance ministers and central bank governors discuss digital assets in Buenos Aires.” Read more.

 

The Cardano (ADA) price has rocketed higher 

“Cryptocurrency traders will be delighted to see that crypto markets have managed to build on yesterday’s strong start to the week with another move higher during trade on Tuesday.” Read more.

 

Bitcoin Bust Reminds Morgan Stanley of Nasdaq Crash, But Faster 

“Bitcoin has long been compared to the dot-com bubble. Morgan Stanley says its recent moves are similar to the tech boom and bust, but on steroids.” Read more.

 

 


ICO World

 

Telegram’s Cryptocurrency Could Be Worth $200 Billion, but is the ICO Overpriced?

“Telegram’s much-anticipated cryptocurrency could achieve a $200 billion market cap in five years, but a respected analyst said that the firm’s initial coin offering (ICO) is still probably overvalued” Read more.

 

 


General

 

OVER 16 MILLION AMERICANS NOW OWN CRYPTOCURRENCY, SURVEY FINDS 

“Nearly 16.3 million Americans, or 8 percent of the country, own some form of cryptocurrency, according to a new survey by Finder.com, which also found slightly more than 5 percent of Americans owned Bitcoin.” Read more.

 

 

 

List of ICOs that start today (Mar 20)

• Bubbletone (see more)

• Ice Rock Mining (see more)

• XYO Network (see more)

• CoinPlace (see more)

• Coinseed (see more)

• CashBet (see more)

• Giftcoin (see more)

• HDCoin (see more)

• Rexpax (see more)

• Myriads.IO (see more)

• TriForce Tokens (see more)

• Tradingene (see more)

• Goldiam (see more)

 

 

 

Check more promising Upcoming ICOs here.

 

 

 

 

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