Crypto news/ Australian goverment in on the action

Hi all just a market recap today. The market is stable it did drop by about 10 percent yesterday but has recovered a few percent points and stabilized no movers out of the top coins most likely because there isn't that much news atm. The media is still positive to neutral atm which should keep prices stable.

NEWS
US Fed said Bitcoins January fall was because of futures getting launched and i would agree BTC pump way to high in excitement of the futures then they all just shorted BTC , it was almost the perfect trap.

Australian government has allocated $700k to explore blockchain use on government services. We are lucky in Australia our government is open minded about blockchain and our tax's are fair. Did you know if you use crypto as money its tax free for the first 10k.

Binance CEO says icos are necessary , he believe a larger ratio of ico's will be more successful than traditional vc's and said raising money form ico's is 100 times easier than through traditional vc's.

EOSdac now tradable on Bibox, price has pumped too.

Facebook has a team looking into block chain and how it can help Facebook. Mark Zuckerburg said he is interested on seeing how crypto currency can help society break away for the centralized financial system.