Has the Cryptocurrency Market Bottomed? And is India Reversing its Bitcoin Ban?

In this cryptocurrency weekly video, we take a detailed look at the bitcoin market but evaluating its performance over the past week. We then have Rabbi Ahmed from Bit Trade Australia do some advanced technical analysis, by using the psychology of a market cycle to indicate we may be near the bottom of the depression cycle.

We then move onto news, by first starting with news that India may be looking to reverse the ban on cryptocurrencies and bitcoin by classing them as commodities. We then take a look at a recent partnership between Status and OmiseGo, before finishing with an article from Australia in relation to using mortgage loans to invest into cryptocurrencies.

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? Cryptocurrency Australia Official Site
https://cryptocurrencyaus.com/

? The main exchange I use in Australia to buy Cryptocurrencies
http://cryptocurrencyaus.com/CoinSpot

? I use the Binance exchange for certain altcoins
http://cryptocurrencyaus.com/Binance

? I use Independent Reserve to sell Bitcoin & Ethereum
http://cryptocurrencyaus.com/independent-reserve

? My hardware wallet is a Nano Ledger S http://cryptocurrencyaus.com/ledger

? I also use the Trezor Hardware Wallet
http://cryptocurrencyaus.com/Trezor

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? Links to all content discussed in video
https://coinmarketcap.com/charts/
https://trends.google.com/trends/explore?date=now%207-d&gprop=news&q=bitcoin,ethereum,ripple,cryptocurrency
https://btrade.io/
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=43574
https://cryptocurrencyaus.com/2018/04/06/crypto-news-weekly-5/
https://qz.com/1324595/instead-of-a-ban-india-may-turn-cryptocurrencies-into-a-commodity/
https://www.investopedia.com/terms/c/commodity.asp
https://cryptocurrencyaus.com/2018/04/17/what-are-cryptocurrencies/
https://blog.status.im/status-partners-with-omisego-565577d2f72
https://status.im/
https://omisego.network/
https://www.omise.co/
https://coinmarketcap.com/currencies/status/
https://coinmarketcap.com/currencies/omisego/
https://omisego.network/
https://plasma.io/plasma.pdf
https://www.afr.com/business/banking-and-finance/bank-of-queensland-bans-using-home-equity-loans-for-crypto-20180712-h12kto
https://hybridsummit2018.com/

? Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision. Cryptocurrency Australia Media, Crypto Accounts, or the author, may have holdings in the cryptocurrencies discussed. Liability limited by a Scheme Approved Under Professional Standards Legislation.Referrals and affiliate links do earn us commissions but they are products or services we personally use and would not endorse if we did not believe in them 🙂

Has the Cryptocurrency Market Bottomed? And is India Reversing its Bitcoin Ban?

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Kane Dane