Yes there is a chart movement from Friday the 1st Sept High of 4906.71 and the Monday the 4th Sept gap down Open with a Low of 4122.06 This indicates that Bitcoin is taking notice of something in the Market?
Ethereum is getting smoked after China and South Korea's ICO crackdown
The price of digital currency Ethereum is tumbling on Monday after China and South Korea both announced crackdowns on one of the key use cases of the decentralized blockchain. The price collapse follows a crackdown on so-called "Initial Coin Offerings" (ICOs) in Asia. ICOs are where startups raise money by issuing new digital currencies or tokens that can be traded online. China announced a ban on ICOs on Monday, declaring them illegal, and South Korea pledged to "strengthen levels of punishment" for those looking to raise money through ICOs. Both countries follow the US, which ruled in July that ICOs must adhere ... (full story)
- Posted: Sep 4, 2017 2:45pm
- Submitted by:Category: Fundamental AnalysisComments: 4 / Views: 1,818