Crypto trader bot bitcoin litecoin ethereum ending
Last week was not a very good week for cryptocurrencies, many of which dropped within a short period of time. It is argued that a number for factors contributed to this drop, including fears that trading bot apps on the Binance cryptocurrency exchange, which is a top cryptocurrency exchange, were hacked. Another reason for the drop might be the fear of regulation as the U. Securities and Exchange Commission announced that cryptocurrencies are required to adhere to SEC regulations and those evading regulations would face the law.
SEC decided that anyone selling tokens is an unregistered money transfer business and anyone issuing an ICO is a money transmitter subject to the Bank Secrecy Act.
In regard to regulation, Japan has also been cracking down hard on crypto exchanges. It said they did not provide proper internal control systems and ordered them to implement measures against money laundering. Meanwhile, a bankruptcy trustee for Mt. However, markets were already bearish and these news only acted to accelerate the already lowering prices. The trends were not short on opportunities for those intending to sell short this week.
All the top 8 cryptocurrencies closed some points lower in the week ending March 9. It lost the least in crypto trader bot bitcoin litecoin ethereum ending top 8 cryptocurrencies. It has not been easy for IOTA this year because it is the worst performing so far in IOTA was the only cryptocurrency that fell below its prior swing low from February.
It is also below its day MA line after being above it for most of the past several weeks. Resistance at the day MA is now at 1. Using the day line, it has bee following the downtrend line for the past couple of months. The trend line, moving averages and price structure for Dash reveals crypto trader bot bitcoin litecoin ethereum ending it has been on a clear downward trend. Bitcoin Cash lost It is not clear whether the news of implementing SegWit at Coinbase and other exchanges will affect this further.
Its day line also continued to fall but above the day MA which is rising. This was around the confluence of both the Litecoin also lost but by Ripple, although on a downward trend, it is above its day MAs unlike other cryptocurrencies that are below their day MA.
March 12, David Kariuki. Weekly performance by cryptocurrency All the top 8 cryptocurrencies closed some points lower crypto trader bot bitcoin litecoin ethereum ending the week ending March 9.