This 7 News of Last Week will help you to understand the Market Sentiment

Ashong Salonga

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Quote from: mirrasel on January 13, 2020, 01:53:35 AM

Dear Forum Members,

Every week I read different news portals to know and enrich the knowledge of Digital Asset Market which helps me to understand the blockchain and crypto sentiment Here is the Top 7 News of last week.

2nd Week, 2020

1. JPMorgan Report Shows Bitcoin Institutional Demand is Rising, And It’s Crucial
Institutional interest in Bitcoin-related contracts appears to be building and market measures indicate high anticipation of the launch of CME Group Inc.
https://www.bloomberg.com/news/articles/2020-01-11/jpmorgan-sees-high-anticipation-for-cme-bitcoin-options-launch

2. 12 percent of America's 100 biggest charity organizations accept bitcoin
The Block's new research data shows that relatively few of the United States' biggest charities currently accept bitcoin in 2019 accept bitcoin as donations.
https://www.theblockcrypto.com/linked/52673/12-percent-of-americas-100-biggest-charity-organizations-accept-bitcoin

3. EU Countries Commence Crypto Regulations as Mandated by New Directive
The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10.
https://news.bitcoin.com/eu-countries-commence-crypto-regulations/

4. China’s state digital currency nearly ready, says central bank
The bank has finished the top-level design for the currency; research and development; and completed testing for the currency.
https://decrypt.co/16415/china-digital-currency-nearly-ready-says-central-bank

5. North Korean hacker group Lazarus is using Telegram to steal cryptocurrency
A hacking group believed to be from North Korea is reportedly stepping up its game to continue its cryptocurrency stealing campaigns.
https://thenextweb.com/hardfork/2020/01/09/north-korea-hacker-group-lazarus-telegram-steal-cryptocurrency-bitcoin/

6. South Korea Moves Toward Institutional Acceptance of Cryptocurrency
The South Korean Presidential Committee has made recommendations that the government work toward institutional acceptance of crypto assets.
https://www.nasdaq.com/articles/south-korea-moves-toward-institutional-acceptance-of-cryptocurrency-2020-01-09

7. Student Wins Satoshi Nakamoto Scholarship to Build Media-Focused Platform
A PhD student awarded at Cambridge University with its Satoshi Nakamoto Scholarship, designed to support the development of blockchain applications.\
https://cointelegraph.com/news/student-wins-satoshi-nakamoto-scholarship-to-build-media-focused-platform

Mir Rasel,
Digital Lead, Bitcurate ( Bitcurate is the best place to analyze, research, understand & forecast your cryptocurrency investments.)
Web: https://bitcurate.com/

It is great to have such news at this early stage of this year 2020 that most of the news you have gathered and mentioned are mostly tackling about cryptocurrency on a good manner. Only one news have been into the other side which is not so good to hear. Well at least good news have started up this year which is a good indication of a great year for cryptocurrency ahead of us. It is so nice that the world is already recognizing the real importance of the cryptocurrency existence and I do hope that a lot more great news related to cryptocurrency will come that will bring back the credibility and reliability of the crypto community which can also attract more potential investors to come engaging into this industry we are all into.

barabarian1

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in my opinion with the acceptance of cryptocurrrency as a means of payment or donations at several charities will increase the use of bitcoin in the real world. and the presence of cryptocurrency made in China can make the crypto market more crowded and the number of cryptocurrency users can also increase. I hope this good news can push the crypto market to bullish.

Ahimoth

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Quote from: Yaunfitda on January 16, 2020, 11:00:10 PM

Quote from: Kyraishi on January 16, 2020, 06:29:15 PM

The institutional demand part is definitely the biggest news coming out.

I think that JPMorgan will continue to try to enter the crypto market especially in this climate where bullishness is back to a substantial degree.

Expect other institutions to follow suit as well. However, just be aware that these institutions are not supporters of BTC. They are merely here to make profit off of BTC. But even then, they could potentially drive the next bull market with institutional demand that the bring.

I believed that that JPMorgan has been in the crypto sphere as early as 2017, and so are other institutions. So this news does not come a surprised to me. They've been making money in the market in the last couple of years and this news just validate it.

I'm sure that when we go on a bull run, those money that will flow will be coming from institutions. As you have said, they are here to to profit and since they have the capital in the first place, they can do it anytime they want.

Biggest investors will soon come and join with other whales to help bitcoin community to grow gracefully. They all had the desired amount that they wanted, and by using that money; huge gains will come out. We need them for a good start and when that happens, keep riding on their wave of financial success.

Yaunfitda

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Quote from: Kyraishi on January 16, 2020, 06:29:15 PM

The institutional demand part is definitely the biggest news coming out.

I think that JPMorgan will continue to try to enter the crypto market especially in this climate where bullishness is back to a substantial degree.

Expect other institutions to follow suit as well. However, just be aware that these institutions are not supporters of BTC. They are merely here to make profit off of BTC. But even then, they could potentially drive the next bull market with institutional demand that the bring.

I believed that that JPMorgan has been in the crypto sphere as early as 2017, and so are other institutions. So this news does not come a surprised to me. They've been making money in the market in the last couple of years and this news just validate it.

I'm sure that when we go on a bull run, those money that will flow will be coming from institutions. As you have said, they are here to to profit and since they have the capital in the first place, they can do it anytime they want.

Kyraishi

hero member

Activity: 952

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The institutional demand part is definitely the biggest news coming out.

I think that JPMorgan will continue to try to enter the crypto market especially in this climate where bullishness is back to a substantial degree.

Expect other institutions to follow suit as well. However, just be aware that these institutions are not supporters of BTC. They are merely here to make profit off of BTC. But even then, they could potentially drive the next bull market with institutional demand that the bring.

mirrasel

jr. member

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Quote from: CjMapope on January 13, 2020, 11:16:38 PM

Damn, those are some interesting articles, looks like i got some really good reading material today, thx man haha
I noticed the institutional money flowing in, ive been mentioning to people i think price will struggle to pump anymore as theres too many 5% big money takers nowadays : /
BTC's volatility is crazy profits for institutions, they will work on bleeding BTC dry now while they implement the tech as much as possible where needed
crazy how theres scholarships and shit with Satoshis name on it, no shortage of people capitalizing on this industry's names : /

Institutional money is flowing rapidly. I was also wondering by seeing the scholarship news!

nutriagrigia

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Oikos.cash | Decentralized Finance on Tron

Quote from: Greatchu on January 14, 2020, 01:24:48 PM

Presently bitcoin keeps surging over 8500$ and i hope it will keep surging even if it's bit by bit till halving season arrives and there will be a huge positive impact on bitcoin market, this year will definitely be different

we cannot know in advance what will be the impact of bitcoin halving on the cryptocurrency market. In 2019, many people were expected very much of the LTC halving will be a very strong event, but it did not affect the price of this coin in any way. and if we look at the graphs you will see that the price has fallen. do not hope that this is a strong event

Kersh768

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Freshdice.com

Quote from: mirrasel on January 13, 2020, 01:53:35 AM

Dear Forum Members,

Every week I read different news portals to know and enrich the knowledge of Digital Asset Market which helps me to understand the blockchain and crypto sentiment Here is the Top 7 News of last week.

2nd Week, 2020

1. JPMorgan Report Shows Bitcoin Institutional Demand is Rising, And It’s Crucial
Institutional interest in Bitcoin-related contracts appears to be building and market measures indicate high anticipation of the launch of CME Group Inc.
https://www.bloomberg.com/news/articles/2020-01-11/jpmorgan-sees-high-anticipation-for-cme-bitcoin-options-launch

2. 12 percent of America's 100 biggest charity organizations accept bitcoin
The Block's new research data shows that relatively few of the United States' biggest charities currently accept bitcoin in 2019 accept bitcoin as donations.
https://www.theblockcrypto.com/linked/52673/12-percent-of-americas-100-biggest-charity-organizations-accept-bitcoin

3. EU Countries Commence Crypto Regulations as Mandated by New Directive
The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10.
https://news.bitcoin.com/eu-countries-commence-crypto-regulations/

4. China’s state digital currency nearly ready, says central bank
The bank has finished the top-level design for the currency; research and development; and completed testing for the currency.
https://decrypt.co/16415/china-digital-currency-nearly-ready-says-central-bank

5. North Korean hacker group Lazarus is using Telegram to steal cryptocurrency
A hacking group believed to be from North Korea is reportedly stepping up its game to continue its cryptocurrency stealing campaigns.
https://thenextweb.com/hardfork/2020/01/09/north-korea-hacker-group-lazarus-telegram-steal-cryptocurrency-bitcoin/

6. South Korea Moves Toward Institutional Acceptance of Cryptocurrency
The South Korean Presidential Committee has made recommendations that the government work toward institutional acceptance of crypto assets.
https://www.nasdaq.com/articles/south-korea-moves-toward-institutional-acceptance-of-cryptocurrency-2020-01-09

7. Student Wins Satoshi Nakamoto Scholarship to Build Media-Focused Platform
A PhD student awarded at Cambridge University with its Satoshi Nakamoto Scholarship, designed to support the development of blockchain applications.\
https://cointelegraph.com/news/student-wins-satoshi-nakamoto-scholarship-to-build-media-focused-platform

Mir Rasel,
Digital Lead, Bitcurate ( Bitcurate is the best place to analyze, research, understand & forecast your cryptocurrency investments.)
Web: https://bitcurate.com/

It seems that most of the news you have gathered are good which is related and talking about cryptocurrency adaptation as well as recognition. It seems to be that this year 2020 is really making a good start for the crypto community. We are still into the start of the journey of cryptocurrency and we are still having a long run before this year ends. Surely, there will be more great news to come about certain improvements concerning the usage o cryptocurrencies now that we are already getting into the edge of the rising of the prices of cryptos most specially the Bitcoin itself. If this will continue, we will be expecting a lot more news to come over which will talk about project launches about crypto, the upcoming Bitcoin halving which we are all expecting its effect on the cryptocurrency market. As long as good news are coming, we will be expecting a lot of new members that will engage into cryptocurrency that can also be potential investors which will be good for this industry of course. May we expect and hope for the best and greatest thing to come this year 2020.

RealMalatesta

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Quote from: BlackFor3st on January 13, 2020, 10:40:45 PM

I am not really into news but as what I have read from your post most of the news are very important and positive towards crypto currencies acceptance.

I saw that you only cares about positive news, I have no problem with it but it will be best also if you can share some of the news that are against crypto currencies so we can at least compare whether the anti crypto currencies are growing or not. As I heard that there are other countries that starts banning crypto currencies as of the moment and I would love to check whether what countries are these.

As of my knowledge I guess Quatar is on the edge to ban cryptocurrencies. I did not yet go through any of the official news but I think there might be a legal circular soon. Also it would be good for you if you could spend some time in checking the news yourself because it would always boost your knowledge and make you more closer to the current market affairs going in between the centralized as well as decentralized monetary systems.

I do agree with you that there might be few negative news about the crypto markets and OP perhaps did not tend to mention them here but I know that no matter how bad the market news are, cryptos will always recover from those.

Greatchu

member

Activity: 490

Merit: 10

Presently bitcoin keeps surging over 8500$ and i hope it will keep surging even if it's bit by bit till halving season arrives and there will be a huge positive impact on bitcoin market, this year will definitely be different

Faxmate

sr. member

Activity: 1071

Merit: 253

Quote from: mirrasel on January 13, 2020, 11:31:19 PM

Quote from: BitDane on January 13, 2020, 07:43:40 AM

I just hope that Bitcoin Bullish sentiment will grow stronger and deeper that it will affect the altcoin market and make it the same sentiment as it is.

Altcoins are also on that track!

It’s a casual happening that market rises and falls so does with bitcoin. When more people buy it rises and when sell so it falls the whole matter is about demand and supply. According to my current analysis bitcoin is increasing and altcoins will come to the track very soon we should keep holding and waiting for fully bullish market, good time is not so far.

nicolas1979

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Activity: 826

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Market is still in sideways and news can bring positive impact into market movement, the problem is fundamental often used as manipulation. In this part whales always take part and many small trader will lost their money because eating bait. I think you should include strategy/ method how to read market sentiment using news because many post like this already release and we don't know how to use it?. I hope next post will include the method and stay positive with crypto.

sana54210

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This is really an important aspect to study before entering the cryptocurrency markets. Always being updated to the latest news makes us understand the real-time price and also enables us to understand the current market demands which might affect the prices for each of the related coins so it is actually a good habit to always go through such news.

I personally found some of your above mentioned news beneficial though I already went through most of them. It is good to share recent news here as many of the peoples who do not take efforts to check for the news sites might gain some interest and might start staying updated to the markets. News platforms are always beneficial for the one's who actually are interested into.

BitDane

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Quote from: mirrasel on January 13, 2020, 11:31:19 PM

Quote from: BitDane on January 13, 2020, 07:43:40 AM

I just hope that Bitcoin Bullish sentiment will grow stronger and deeper that it will affect the altcoin market and make it the same sentiment as it is.

Altcoins are also on that track!

I am not feeling that altcoin is already on that track. I believe we still need to wait for sometime before altcoin become bullish.

Quote from: yulionoo on January 14, 2020, 12:48:16 AM

in my opinion the seven news items are good news and have a positive impact on bitcoin price movements. since the beginning of this January bitcoin has continued to increase. although not a high rise but this is quite encouraging. I can take a little advantage from yesterday's bitcoin increase. I hope all this good news drives the crypto market to enter the bull market.

Well, those news are all about Bitcoin and creating a hype around its market. I do not know if this will have an immediate effect on altcoin. We all know that altcoin become bullish after Bitcoin attained it peak on its rally, and the current altcoin nhad not changed at all since last year.

xZork

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Quote from: mirrasel on January 13, 2020, 01:53:35 AM

4. China’s state digital currency nearly ready, says central bank
The bank has finished the top-level design for the currency; research and development; and completed testing for the currency.
https://decrypt.co/16415/china-digital-currency-nearly-ready-says-central-bank

I think cryptocurrencies issued by China's central bank are hard to achieve.
Perhaps the Chinese cryptocurrency will be backed by the renminbi or fixed assets. However, the Chinese government is famous for its corruption and shady so it is difficult for China's cryptocurrency to attract investors.

verita1

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I love this article.
Student Wins Satoshi Nakamoto Scholarship to Build Media-Focused Platform.
https://cointelegraph.com/news/student-wins-satoshi-nakamoto-scholarship-to-build-media-focused-platform

Thanks for sharing!
Education, blockchain, and bitcoin all together play an important role. We need to educate ourselves to be able to take the Bitcoin to the next level and use the technology in our favor to solve everyday problems.
Surely later we will hear new news and advances from this winning Satoshi Nakamoto Scholarship PhD student. Because the new generation does not stop when it seeks to develop more innovations.
Bitcoin has allowed the awakening of big dreams.

yulionoo

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CryptoTalk.Org - Get Paid for every Post!

in my opinion the seven news items are good news and have a positive impact on bitcoin price movements. since the beginning of this January bitcoin has continued to increase. although not a high rise but this is quite encouraging. I can take a little advantage from yesterday's bitcoin increase. I hope all this good news drives the crypto market to enter the bull market.

mirrasel

jr. member

Activity: 183

Merit: 2

Quote from: BitDane on January 13, 2020, 07:43:40 AM

I just hope that Bitcoin Bullish sentiment will grow stronger and deeper that it will affect the altcoin market and make it the same sentiment as it is.

Altcoins are also on that track!

CjMapope

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~Full-Time Minter since 2016~

Damn, those are some interesting articles, looks like i got some really good reading material today, thx man haha
I noticed the institutional money flowing in, ive been mentioning to people i think price will struggle to pump anymore as theres too many 5% big money takers nowadays : /
BTC's volatility is crazy profits for institutions, they will work on bleeding BTC dry now while they implement the tech as much as possible where needed
crazy how theres scholarships and shit with Satoshis name on it, no shortage of people capitalizing on this industry's names : /

davinchi

legendary

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Merit: 1058

All the other news are small compared to first one, I mean if companies are interested in bitcoin that is great news because that means more and more money could be coming into bitcoin.

Think about wall street caring about crypto as much as they care about stocks? That alone is insane to think about, like they call people and tell them to buy bitcoin etc etc, like have a crypto fund where everyone can invest their money to and they deal with it going from coin A to coin B and back etc. That would increase the money involved in crypto a lot, and could take us to a whole new level. I don't what this "interest" level is at right now but if we could reach to high levels that would change the shape of crypto world totally and get us to next level where we need it.

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