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

(Mar 17) Daily Digest: Ripple CEO – ICOS better save money for lawyers, US Congress includes crypto, Bitcoin – online gold or bubble? Price analysis

Quote of the day

“There’s a lot of goodness going on, you can leverage blockchain and how you leverage digital assets to solve real problems […] I think most of the ICOs you’re seeing are not real token use cases. They’re really securities, so I think the SEC should regulate that.”

Brad Garlinghouse, Ripple CEO

 

 

Graph of the day

 

Graph of the day 03-17

 

 

News Digest

 

Blockchain technology and development

 

CRYPTO REAL ESTATE TRANSACTIONS ARE HERE – HERE’S HOW THEY’LL IMPACT YOU

“Cryptocurrency may not be mainstream yet, but it’s well on its way to be. Due to the blockchain’s revolutionary power and abilities, it’s no surprise that as cryptocurrency progresses in changing the financial landscape, it impacts other industries along the way. Real estate is no exception—and for that, we should be grateful.” Read more.

 

Analyst: Blockchain And Crypto Set To Boost Competitive Videogaming 

“Esports has been the fastest-growing sport on the planet in recent years by players and viewership, and blockchain and cryptocurrencies could be the catalyst that drives this hot new industry fully into the mainstream, a new report from Macquarie Research predicts.” Read more.

 

 


Laws and regulations

 

RIPPLE CEO: ICOS BETTER SAVE MONEY FOR LAWYERS

“As Initial Coin Offerings (ICOs) continue to bombard cryptocurrency investors left and right, Ripple CEO Brad Garlinghouse has stated that entrepreneurs issuing digital tokens would be wise to “save some of those proceeds” for impending lawsuits.” Read more.

 

US Congress Includes Crypto In Its Joint Economic Report For The First Time

“For the first time the US Congress has dedicated an entire section to cryptocurrencies and Blockchain technology in its annual Joint Economic Report, published March 13.” Read more.

 

South Korea Planning to Formally Allow ICOs

“Regional news sources report South Korea’s financial authorities are working on legislation to formally allow initial coin offerings (ICOs) in an effort to appear more welcoming to the larger financial technology community.” Read more.

 

 


Cryptocurrency

 

Peter Thiel: Bitcoin Will Be the ‘One Online Equivalent to Gold 

“Peter Thiel has once again endorsed bitcoin, which he recently argued is tantamount to digital gold.Read more.

 

Data Reveals the Reasons Behind Bitcoin’s Big Dip 

“The question of what caused the great decline is one that most bitcoiners have an opinion on. In a bid to settle the matter once and for all, Chainalysis has pored over the data to determine what happened.” Read more.

 

Bitcoin price analysis: “Death cross” still some days away, $8,000 trendline holds key for now 

“Price of the biggest crytocurrency fell more than a percent on Saturday making it nealy 14 percent fall for the week as the broader sell-off in the cryptocurrencies continued which was triggered after the Google ad ban announcement earlier this week.” Read more.

 

Bitcoin To Suffer The Same Fate As Other Bubbles

“Stefan Hofrichter, Allianz’s Head of Global Economics & Strategy has developed 8 criteria to determine if an asset is in a price bubble. .” Read more.

 

 


ICo World

Major $3 Billion Discount Airline AirAsia Mulls ICO 

“Discount airline AirAsia is mulling an initial coin offering (ICO) to help finance its expansion into the financial services industry.” Read more.

 

 

 


General

Third Largest Cryptocurrency – Ripple (XRP) Announces Its Plans Of Investing In Startups 

“With the purpose of increasing the use case for its XRP digital currency, Ripple has reported its idea of investing in startups.” Read more.

 

 

 

 

List of ICOs that start on weekend (Mar 17-18)

• ZPER (see more)

• Sintez (see more)

• RUNtoken: Ethereum Blockchain Fitness Platform (see more)

• GlobexSCI (see more)

 

 

 

Check more promising Upcoming ICOs here.

 

 

 

 

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