Coin Sheet - September 22, 2017


QUOTE OF THE DAY

I owe my success to having listened respectfully to the very best advice, and then going away and doing the exact opposite.” 

—K. Chesterton


COIN BULLETIN

How Crypto Been Doing?

Boomin.

boomin.png

According to Forbes, it's been boomin' so much, that they had to write an article about how posts about cryptocurrency have exploded on Reddit this year.

MarketWatch reports that interactions on niche subreddits devoted to cryptocurrency have soared by a massive 930% this year.

Source

Jamie Dimon Reported In Sweden

Remember how Jamie made those comments about Bitcoin a few days before the substantial correction? Yeah, someone in Sweden remembers.

You can read more about this here.

And it looks like Jamie doubled down and gave Bitcoin another gut shot. You know what this means...sales incoming.

All Hail South Korea

South Korea is now the center of the universe as it passes China in Bitcoin trading.

Source

Malaysia On Bitcoin

Malaysia is hoping to release Bitcoin guidelines by the end of the year.

According to Malaysia's Bank Negara governor Tan Sri Muhammad Ibrahim:

"We hope to come out with guidelines on cryptocurrencies before the end of the year: in particular, those relating to anti-money laundering and terrorist financing. We want to ensure that there are clear guidelines for those who want to participate in this sector.”

Bitcoin ETF? Coming? Maybe?

I've covered this before but I noticed this on the news again today. We may soon see a Bitcoin futures-based ETF.

Investment management firm Vaneck has filed with the U.S. Securities and Exchange Commission to list and trade a bitcoin ETF. However, the Vaneck Vectors Bitcoin Strategy ETF will not hold actual bitcoin.

According to the filing, "The fund seeks to achieve its investment objective by investing, under normal circumstances, in U.S. exchange-traded bitcoin-linked derivative instruments (“Bitcoin Instruments”) and pooled investment vehicles and exchange-traded products that provide exposure to bitcoin."

You can read the article about this here.


THINGS I LIKE

A Short Guide To Popular Cryptocurrencies

You know the only thing I love more than crypto is short guides about crypto.

So here you go, feel free to share it with your non-crypto friends.

You can find the mini-guide here.


MARKET SENTIMENT

Technical Signals

1.PNG

 

My Current Sentiment: Neutral

 

Daily Number Indicator

Bitcoin

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

Ethereum

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

Litecoin

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.


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