CoinDesk Releases 2018 Bitcoin and Blockchain Industry Report (Coin Desk)
If bitcoin is in a bubble, it is one of the few in the history of finance – if not the first – that expanded with negligible use of credit. That’s just one of the unique takeaways from CoinDesk’s State of Blockchain 2018 report, the latest in the quarterly series setting out our in-depth research on the rapidly evolving world of cryptocurrencies and the technologies they’ve inspired. Released Wednesday, the report provides a 160-plus slide analysis of some of the data points propelling this story forward. The report covers public blockchains, DLT, consortium chains, initial coin offerings (ICOs), trading and investments, and regulation, and also features the results of our 70-plus question sentiment survey, which provides insight from over 3,000 CoinDesk readers.
Ethereum (ETH) smart contracts are here to stay: So is Quantstamp (QSP) (CryptoRecorder.com)
Ethereum smart contracts are here to stay: So is Quantstamp (QSP): We are all sure that Ethereum (ETH) is one of those blockchain platforms that will survive in the long run. Even as countries are jittery about other cryptos, there seems to be a consensus that Ethereum will get adopted as a tool for enhancing operational efficiency. On top of that, it is through Ethereum that hundreds of highly innovative tokens are hitting the market with each coming day. Ok, so how does all this connect with the growth potential of Quantstamp (QSP)? Well, it’s simple! Quantstamp has positioned itself as the auditor to new coins, developed through the Ethereum (ETH) smart contracts platform.
India’s Government Is Planning To ‘Take Steps’ To Make Cryptocurrencies Illegal (EthereumWorldNews.com)
As the cryptocurrency market increases in value on the perceived positive news from the U.S. Senate hearing, India’s government is planning measures to ensure that digital currencies become illegal within its payment system, according to a finance ministry official. It’s also planning to appoint a regulator to oversee unregulated exchanges that trade in cryptocurrency assets, said S.C. Garg, Economic Affairs Secretary, reports Reuters. He said that a government panel, which Garg is heading, is expected to submit a report looking into the issues related to digital currencies in the current fiscal year, ending the 31st March.
Why will Litecoin (LTC) Reach $1000 USD Sooner than You Think – Newcomers (TheIndependentRepublic.com)
Litecoin (LTC), after LitePay and LitePal was one of the first to rebound and it will for sure be one of the first to return to the all-time high of $ 370 USD because these new payment processing services will allow even more merchants to accept LTC. As proof of that, you can see that Litecoin (LTC), despite the current dip that we’re witnessing, is recording all-time highs in terms of hashrate and security. The fact that for example WooCommerce, one of the leaders in e-Commerce and owner of WordPress, has several plug-ins that allow merchants to receive payment on their business shows us that Litecoin is way ahead of the competition.
The Ripple Price is Recovering Firmly, Despite Goldman Sachs Doom and Gloom Comments (FXStreet)
The Ripple price has gained over 40%, since the lows on 6th February at around $0.56. Market players are very much relieved post SEC hearing to the Senate Banking Committee. The regulatory body are very much welcoming to the cryptocurrency market and its developments. Stress was highlighted around the scams that consistently do the rounds within the ICO market, mentioning the need to crack down on this side of things.
