8/29/2017 Daily News and Crypto Update

in #dailynews7 years ago

The Houston Floods are getting out of hand. 33 inches of rain have fallen and another 20 is expected in the next two days. Many people are getting worried because they weren't prepared for this. There was an order for a mandatory evacuation because the two main dams which protect most of the city breached. This is possibly going to be a $100,000,000,000 disaster. Parts of main roads and bridges have been washed away.

Trump says all options are on the table with North Korea after an incident that occurred in Japan. A missile landed in the sea close to the coast and promped an alert. People were told to shelter in place and wait until the all clear was given. Trump now wants to look at all the options to possible take action. Here we go....

The People's Bank of China have been applying pressure to have a regulation pass to stop all ICO's from being traded in the country. Like Russia, they state illegal activity, unapproved financing, and whatever elese the People's Bank deems illegal. Sounds like someone doesn't like the crypto being in the power of the people and not the banks.

Ether prices hit $365 today which is the second highest total this year. ($411 on June 13). The Korean additions to the market have definitely helped boost the major players up a bit. However, Korea is an uncertain area, and with China and Russia putting a stronghold on crypto, it's interesting to see what will happen.

http://www.zerohedge.com/news/2017-08-29/houstons-bridges-and-roads-are-starting-fail-floodwaters-rise

https://www.cnbc.com/2017/08/29/trump-says-all-options-are-on-the-table-for-north-korea-white-house.html

https://ethereumworldnews.com/icos-denied-chinas-possible-decision/

https://www.coindesk.com/ether-prices-surge-above-360-to-hit-two-month-high/

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