NEWS

Websites That Pay Users With Blockchain Aim to Disrupt Facebook
"“I feel like I’m in the Stone Age when I’m on Facebook or Twitter,” Kadavy said. “They have no value without what you’re contributing to them. If Facebook doesn’t respond to this, things can change very quickly. They should be very concerned.”

Self-proclaimed bitcoin creator sued for allegedly stealing $5 billion worth of crypto, other assets
"In 2011, the pair founded a Florida-based firm called W&K Info Defense Research LLC, which was engaged in bitcoin mining and software development and research. Kleiman owned between 50 and 100 percent of W&K, the lawsuit said. It claims that the Kleiman estate owns the rights to $5,118,266,427.50 worth of bitcoin and IP rights."

These U.S. Cities Have the Most Crypto Investments Per Person
"When you think about who’s buying Bitcoin, Ethereum, Ripple, and other cryptocurrencies, it’s natural for your mind to wander to tech hubs and big cities. Jacksonville, Fla. probably wouldn’t be the first city to spring to mind. But a new survey from analysts at Status Money shows that Florida’s largest city is actually a big player in the crypto world, boasting the most cryptocurrency investments per person as of December 2017."

Bill Gates: I Don't Think Bitcoin's Anonymity is a Good Thing
"Earlier today, Microsoft founder Bill Gates commented on bitcoin, initial coin offerings, and cryptocurrencies more generally during a Reddit AMA. In his comments, Gates stated that the use of cryptocurrencies for anonymous payments is not a good thing due to the difficulties it creates for law enforcement when going after criminals."

MARKET OVERVIEW

Just a continuation from yesterday's discussion, we have begun a new Positive TD Sequential Count and are approaching a major battle zone. It will be interesting to see if Buyers can push the price (convincingly) above the $11,000 level. If they do, then I will be looking to add to long positions on a tap back to the $11,000 level.

This article is intended for educational purposes only and not meant to convey any financial advice. Trading can be a risky venture and personal due diligence is required.