#bitcoin
OUTLOOK: Cautiously bullish
Bull RSI div and a breach of falling trendline cud yield rally to $7.9K.
4H 50MA and 10DMA are biased bearish. So, need to be cautious.
Only break below $6,890 wud abort the bull view.
OUTLOOK: Cautiously bullish
Bull RSI div and a breach of falling trendline cud yield rally to $7.9K.
4H 50MA and 10DMA are biased bearish. So, need to be cautious.
Only break below $6,890 wud abort the bull view.
🎓 This week the cryptocurrency exchange Huobi’s educational subsidiary ‘Huobi Research’ conducted a survey with close to 2,000 individuals from 23 different countries to get a visual of what cryptocurrency sentiment looks like today.
As cryptocurrencies have slid in value over the past three months according to the report, 77.9% of those polled were still bullish over the next three years. 55.6% of the voters believed that the total market value of cryptocurrency would increase in April.
As cryptocurrencies have slid in value over the past three months according to the report, 77.9% of those polled were still bullish over the next three years. 55.6% of the voters believed that the total market value of cryptocurrency would increase in April.
#BTC hourly chart shows higher highs and higher lows, bull 50MA & 100MA cross, a break above resistance at $7,269.
Looks set to extend gains after bout of consolidation around the hourly 200MA
Looks set to extend gains after bout of consolidation around the hourly 200MA
📰 Japan has decided to set up a new agency to better address cybercrime. The Tokyo-based center gathers 500 analysts and investigators who will also combat cryptocurrency theft. Over 3 million attempts to steal digital information have been registered last year. Hackers have stolen funds worth over 17 billion Japanese yen.
Bitmain Confirms Release of First-Ever Ethereum ASIC Miners
Bitcoin mining hardware firm Bitmain unveiled its long-rumored ethereum mining tech.
The Antminer E3 is set to ship this July, according to Bitmain's website, at a price of $800 per unit. According to statements, the company is limiting orders to "one unit per user" with restrictions on shipping to China and Taiwan.
Bitcoin mining hardware firm Bitmain unveiled its long-rumored ethereum mining tech.
The Antminer E3 is set to ship this July, according to Bitmain's website, at a price of $800 per unit. According to statements, the company is limiting orders to "one unit per user" with restrictions on shipping to China and Taiwan.
Crypto Exchanges Charging Up To $3 Million To List Tokens
Cryptocurrency trading exchanges are charging as much as ten times the amount traditional exchanges request for securities, according to a paper released by Autonomous Research, a fintech analysis firm.
“The market price to list a crypto token on an exchange is $1 million for a reasonably regarded token, to $3 million for an opportunity to get quick liquidity,” explained the authors of the report.
Tokens become more attractive if buyers know they can trade them easily, meaning the success of an ICO often comes down to getting the listing on an exchange.
Cryptocurrency trading exchanges are charging as much as ten times the amount traditional exchanges request for securities, according to a paper released by Autonomous Research, a fintech analysis firm.
“The market price to list a crypto token on an exchange is $1 million for a reasonably regarded token, to $3 million for an opportunity to get quick liquidity,” explained the authors of the report.
Tokens become more attractive if buyers know they can trade them easily, meaning the success of an ICO often comes down to getting the listing on an exchange.
📰 Mexico Tests Blockchain to Track Bids for Public Contracts
The technology would eliminate the "easily corruptible" human element and introduce transparency to the public tender process. Martinez also pointed out that the blockchain would store records of the bidding process, allowing for audits after the fact.
The technology would eliminate the "easily corruptible" human element and introduce transparency to the public tender process. Martinez also pointed out that the blockchain would store records of the bidding process, allowing for audits after the fact.
For nearly half a year, India’s crypto enthusiasts have been searching for the cryptocurrency ethereum (ETH) over bitcoin (BTC).
Search volume is a leading indicator of what has momentum and is showing signs of growth. It may not correspond to people buying more ethereum, but there’s certainly a lot more interest.
Search volume is a leading indicator of what has momentum and is showing signs of growth. It may not correspond to people buying more ethereum, but there’s certainly a lot more interest.
#VergeCoin Daily Snapshot
OUTLOOK: Bull breakout confirmed on Tuesday, but #btc drop played a spoil sport.
Still, outlook remains bullish as indicated by bull flag breakout on hourly chart.
Could test $0.096-$0.10 in short-run.
Break below $0.032 to abort bull view.
OUTLOOK: Bull breakout confirmed on Tuesday, but #btc drop played a spoil sport.
Still, outlook remains bullish as indicated by bull flag breakout on hourly chart.
Could test $0.096-$0.10 in short-run.
Break below $0.032 to abort bull view.
📰 India Bans Banks from Processing Cryptocurrency Purchases
Indian residents can no longer purchase cryptocurrency through their bank accounts, according to new measures adopted by the country’s central bank.
Indian residents can no longer purchase cryptocurrency through their bank accounts, according to new measures adopted by the country’s central bank.
#ETHBTC
OUTLOOK: Signs of Life
Dragon fly doji suggests the sell-off from the high of 0.123BTC may have run out of steam
RSI rising from oversold territory.
close abv. 0.0618 BTC will confirm bull reversal - that would be good news for alts as most are built on ethereum chain.
OUTLOOK: Signs of Life
Dragon fly doji suggests the sell-off from the high of 0.123BTC may have run out of steam
RSI rising from oversold territory.
close abv. 0.0618 BTC will confirm bull reversal - that would be good news for alts as most are built on ethereum chain.
BTCUSD Update: Whales still wants to push btc further down, btc right now trading at around $6600 after going below $6500. For an good bounce btc needs to touch ichi cloud, in case of failure we can dip again but higher chances is that we will make a bounce before more correction.
Soros is planning to trade crypto.
We have a new whale in town folks. Be aware of his involvement as he has influence over all of Wall Street and the global forex markets.
Previously the billionaire's been scathing of bitcoin, calling it a bubble and a tool of dictators.
We have a new whale in town folks. Be aware of his involvement as he has influence over all of Wall Street and the global forex markets.
Previously the billionaire's been scathing of bitcoin, calling it a bubble and a tool of dictators.
CryptoBullet
Coin: RCN on #binance Buy at 110-120 Sell targets: 140-160-180-200-240-280 Use stop loss: -10%
RCN hit 185
Third target achieved
Profit: +68%
Third target achieved
Profit: +68%