The Securities and Exchange Commission today announced settled charges against blockchain technology startup Enigma MPC for conducting an unregistered offering of securities in the form of an initial coin offering (ICO). Enigma, based in San Francisco and Israel, has agreed to return funds to harmed investors via a claims process, register its tokens as securities, file periodic reports with the SEC, and pay a $500,000 penalty.
According to the SEC’s order, Enigma raised approximately $45 million from sales of its digital assets (called ENG Tokens) in 2017. The SEC’s order finds that ENG Tokens are securities and that Enigma did not register its ICO as a securities offering pursuant to the federal securities laws and its ICO did not qualify for an exemption from the registration requirements.
The SEC’s case was handled by Michael Vito, Emily R. Holness, Marc Jones, Eric A. Forni, and Amy Gwiazda of the Boston Regional Office.
https://www.sec.gov/news/press-release/2020-37
What do you do with such a news? SELL
According to the SEC’s order, Enigma raised approximately $45 million from sales of its digital assets (called ENG Tokens) in 2017. The SEC’s order finds that ENG Tokens are securities and that Enigma did not register its ICO as a securities offering pursuant to the federal securities laws and its ICO did not qualify for an exemption from the registration requirements.
The SEC’s case was handled by Michael Vito, Emily R. Holness, Marc Jones, Eric A. Forni, and Amy Gwiazda of the Boston Regional Office.
https://www.sec.gov/news/press-release/2020-37
What do you do with such a news? SELL
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$BTC / $USD BITFINEX Golden Cross! Golden Cross! Yeah, I'm equally annoyed by everyone pointing the golden cross. It is so darn hard to make people realize that the Golden/Death cross is only accurate up to 65%. Another shitty indicator to plan your trades…
What did Daddy tell you? Welcome to the best fucking channel!
https://www.tradingview.com/x/C3ZXB6jY/
https://www.tradingview.com/x/C3ZXB6jY/
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
The Securities and Exchange Commission today announced settled charges against blockchain technology startup Enigma MPC for conducting an unregistered offering of securities in the form of an initial coin offering (ICO). Enigma, based in San Francisco and…
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$BTC / $USD BITFINEX Golden Cross! Golden Cross! Yeah, I'm equally annoyed by everyone pointing the golden cross. It is so darn hard to make people realize that the Golden/Death cross is only accurate up to 65%. Another shitty indicator to plan your trades…
This is how I went forward with the trade.
https://www.tradingview.com/x/9nL0LFgn/
#XBTUSD
On 10x its 95% Profit with more than 6R. 👍🏻
https://www.tradingview.com/x/9nL0LFgn/
#XBTUSD
On 10x its 95% Profit with more than 6R. 👍🏻
https://www.tradingview.com/x/Jp4mA1Zc/
Bitcoin : Assuming the parallelity, Drop and Major support
Hello all, Yesterday was a very bearish day for bitcoin . we have seen a huge move to the downside which made a lot of long got liquidated and luckily, we have moved our SL into the profit. Now, let's check the bitcoin condition, whether we are already entering the bear market or the bulls are still holding the momentum??
Looking at the chart, where I assume a parallel channel that has been established since February 13th , The price is now reaching the lower line of the channel which acts as a support trend line during this parallelity. And another alignment can be met when you see that the price is still trending in the area of the major support (white). However, this area was a broken resistance before and it's now become a support. This could be the 2nd phase of our break out strategy.
On the break out strategy, A phase 2 is always becoming the perfect condition to enter the trade whenever we get confirmation. There is a possibility of the price to have bounce to the golden pocket region which has an alignment with the upper line of the channel. And when the price has reached this region, we will know very soon where the price will head in the future.
For now, let's enjoy our previous profit from long position first until we get further confirmation from bitcoin .
Bitcoin : Assuming the parallelity, Drop and Major support
Hello all, Yesterday was a very bearish day for bitcoin . we have seen a huge move to the downside which made a lot of long got liquidated and luckily, we have moved our SL into the profit. Now, let's check the bitcoin condition, whether we are already entering the bear market or the bulls are still holding the momentum??
Looking at the chart, where I assume a parallel channel that has been established since February 13th , The price is now reaching the lower line of the channel which acts as a support trend line during this parallelity. And another alignment can be met when you see that the price is still trending in the area of the major support (white). However, this area was a broken resistance before and it's now become a support. This could be the 2nd phase of our break out strategy.
On the break out strategy, A phase 2 is always becoming the perfect condition to enter the trade whenever we get confirmation. There is a possibility of the price to have bounce to the golden pocket region which has an alignment with the upper line of the channel. And when the price has reached this region, we will know very soon where the price will head in the future.
For now, let's enjoy our previous profit from long position first until we get further confirmation from bitcoin .
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
🎓Market Update 🎓 Good evening fellow traders, for those of you that have been with us for a good while now know that every so often, we like to present you with what we see as the overall dynamic in the markets at the time. Pretty much throughout 2019 we…
There is a reason I posted this. The most important analysis posted by @hashedplutus for 2020. Understanding and correctly interpreting this chart can save you millions in potential losses and add immense knowledge to the ideas of market cycles. I urge you to carefully read this and understand the technicals behind midcaps pumping now.
🎓#SpotTrade 🎓
🎓 $ENJ/ BTC - View Chart🔸
Signal Info: Enjin
Rank: #56
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: Enjin has been growing decently over the past three months expressing itself as a major asset in the gaming industry. With the right partnership acting as a catalyst, we can see this surge upto 100% in a single day like the Samsung rumour did.
With a slight shift in the levels on Bitcoin today, it sent many assets tumbling, and this is also an opportunity to explore new entries. Lets see if we can see a healthy swing on Enjin as we approach the apex of this wedge formation.
🔸Current Price: 1345sats
❇️Entry: 1330sats to 1350sats
🎯Take Profit: 1496sats, 1639sats, 1734sats
♦️Stop Limit: 1224sats
🎓 $ENJ/ BTC - View Chart🔸
Signal Info: Enjin
Rank: #56
Exchange: Binance (Trade)
Direction: LONG
🔸Analysis: Enjin has been growing decently over the past three months expressing itself as a major asset in the gaming industry. With the right partnership acting as a catalyst, we can see this surge upto 100% in a single day like the Samsung rumour did.
With a slight shift in the levels on Bitcoin today, it sent many assets tumbling, and this is also an opportunity to explore new entries. Lets see if we can see a healthy swing on Enjin as we approach the apex of this wedge formation.
🔸Current Price: 1345sats
❇️Entry: 1330sats to 1350sats
🎯Take Profit: 1496sats, 1639sats, 1734sats
♦️Stop Limit: 1224sats
https://www.tradingview.com/x/JM1oeUTX/
Bitcoin update : February 22nd, 2020
It looks like that the bulls has lost a lot of strength at this point. The price has made an action to test the median line of the channel but, once again it has the correction not even close to the median line. The .382 fib level is acting as a significant resistance right now.
Clear sign that the bulls are losing strength is the last wick that occur in the last 2 hours time frame. It touched the $9500 region. This shows us that there is a potential moves toward the interim swing low at around $9289 region.
Bitcoin update : February 22nd, 2020
It looks like that the bulls has lost a lot of strength at this point. The price has made an action to test the median line of the channel but, once again it has the correction not even close to the median line. The .382 fib level is acting as a significant resistance right now.
Clear sign that the bulls are losing strength is the last wick that occur in the last 2 hours time frame. It touched the $9500 region. This shows us that there is a potential moves toward the interim swing low at around $9289 region.
ETH Analysis:
We have seen today choppy price action on $BTC as well as on $ETH - as mentioned in our previous post.
$ETH is right now in an ascending channel which hasn't been broken yet. We should stay above $263.51 to continue the bullish uptrend . The next level of interest would be our weekly support at $258.85. Which would be also a great #Long opportunity. Aside from that Alts have been doing pretty well today. We will be looking into a few Alts next week and update you once we find something interesting.
We have seen today choppy price action on $BTC as well as on $ETH - as mentioned in our previous post.
$ETH is right now in an ascending channel which hasn't been broken yet. We should stay above $263.51 to continue the bullish uptrend . The next level of interest would be our weekly support at $258.85. Which would be also a great #Long opportunity. Aside from that Alts have been doing pretty well today. We will be looking into a few Alts next week and update you once we find something interesting.
Insider news time
We at HP have prided ourselves to give you information not available to the masses to give you the extra HP_EDGE, here is what's brewing:
a) Apparently a Chinese Whale suffered a sim hijack and has lost over $45 million in assets which include Bitcoin and Bitcoin Cash as majority assets. He is currently in talks with mining pools to reverse the transaction, if they don't work something out, we can expect a dump in both.
b) The recent Bianance listing was more of a buyout by CZ to the company to cover-up hidden expenses of Binance. They seem to operate in the grey.
We at HP have prided ourselves to give you information not available to the masses to give you the extra HP_EDGE, here is what's brewing:
a) Apparently a Chinese Whale suffered a sim hijack and has lost over $45 million in assets which include Bitcoin and Bitcoin Cash as majority assets. He is currently in talks with mining pools to reverse the transaction, if they don't work something out, we can expect a dump in both.
b) The recent Bianance listing was more of a buyout by CZ to the company to cover-up hidden expenses of Binance. They seem to operate in the grey.
https://www.tradingview.com/x/dxEgxkLK/
Ethereum February 22nd, 2020
Facing the major resistance around $270 and $280. We have seen the price has tried to breach this area of resistance but it ends up failing on both attempt. So far forming higher low with flat top. Potentially to enter the consolidation phase so, I'll recommend not to take any position until we see a breaks out between both direction.
Ethereum February 22nd, 2020
Facing the major resistance around $270 and $280. We have seen the price has tried to breach this area of resistance but it ends up failing on both attempt. So far forming higher low with flat top. Potentially to enter the consolidation phase so, I'll recommend not to take any position until we see a breaks out between both direction.
https://charts.cointrader.pro/snapshot/RkEQE
Altcoins dominance February 22nd, 2020
Hello all, Happy weekend for all of you and here in this post, we will provide the analysis about current altcoin dominance here. However, there is only 1 absolute correlation between alt dominance and btc dominance, it's absolute negative.
We can see on the chart applied that the dominance is trying to breaks the upper resistance trend line which act as a major resistance on high degree of cycle. This condition is having a negative correlation with bitcoin dominance which is currently breaks the major support. I'm targeting the gray zone for altcoin dominance in specific if the dominance can breaks current resistance trend line.
And if the dominance can even reach the gray zone, there will be a huge moves to the upside for most of altcoins. I personally look at top 20 altcoins on the CMC rank which have the most potential spike if this condition occurs.
Altcoins dominance February 22nd, 2020
Hello all, Happy weekend for all of you and here in this post, we will provide the analysis about current altcoin dominance here. However, there is only 1 absolute correlation between alt dominance and btc dominance, it's absolute negative.
We can see on the chart applied that the dominance is trying to breaks the upper resistance trend line which act as a major resistance on high degree of cycle. This condition is having a negative correlation with bitcoin dominance which is currently breaks the major support. I'm targeting the gray zone for altcoin dominance in specific if the dominance can breaks current resistance trend line.
And if the dominance can even reach the gray zone, there will be a huge moves to the upside for most of altcoins. I personally look at top 20 altcoins on the CMC rank which have the most potential spike if this condition occurs.
charts.cointrader.pro
CoinTrader.Pro Chart Viewer
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Current open positions:
$BTCUSD from $9,600 - BTC Analysis
$ETHUSD from $258.50 - ETH Analysis
Note: Our Stop Loss has been moved to entry. ✅
$BTC addresses with non-zero balances are at an all time high. What's more surprising is that we are even higher than when we were near $20,000. Hard to not be bullish on this kind of distribution and adoption (long term).
$BTCUSD from $9,600 - BTC Analysis
$ETHUSD from $258.50 - ETH Analysis
Note: Our Stop Loss has been moved to entry. ✅
$BTC addresses with non-zero balances are at an all time high. What's more surprising is that we are even higher than when we were near $20,000. Hard to not be bullish on this kind of distribution and adoption (long term).
$BTC and $ETH are both 4% + up since our call! We are seeing the predicted price action. Congrats to everyone that followed our call! 🚀
$BTC is right now at $9,940 weekly resistance.
Feel free to take some profits.
$BTC is right now at $9,940 weekly resistance.
Feel free to take some profits.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
$WRX / $BTC Looks like the altcoin market is regaining momentum. The newest launchpad is still in price discovery mode. Let's see how this plays out.
$WRX / BTC
Boom! Cleared all small resistance and spiked over 10% the following day
Boom! Cleared all small resistance and spiked over 10% the following day
https://www.tradingview.com/x/R6iKjNUg
Bitcoin : cross point zone
Happy Sunday all! Actually I don't want to do any update on this Sunday. But, the last spike that is close to the area of $10,000 region is looking crucial for me and I really think that you need this update.
The latest spike to the upside has brought bitcoin to breaches the median line of the down trend channel which I've anticipated previously. Currently the price is trending around $9900 region which is slightly below the Golden pocket zone around $10,000 - $10,070 region.
And the another level to see is the yellow trend line which has held the price since January 3rd 2019. This level was a broken support previously but, after we see this kind of break out, I absolutely expect an action of retesting this area as the resistance. Beside, this area forms a cross point with the upper line of the down trend channel and this golden pocket zone.
Any rejection toward this level will lead the price to further sell off.
Bitcoin : cross point zone
Happy Sunday all! Actually I don't want to do any update on this Sunday. But, the last spike that is close to the area of $10,000 region is looking crucial for me and I really think that you need this update.
The latest spike to the upside has brought bitcoin to breaches the median line of the down trend channel which I've anticipated previously. Currently the price is trending around $9900 region which is slightly below the Golden pocket zone around $10,000 - $10,070 region.
And the another level to see is the yellow trend line which has held the price since January 3rd 2019. This level was a broken support previously but, after we see this kind of break out, I absolutely expect an action of retesting this area as the resistance. Beside, this area forms a cross point with the upper line of the down trend channel and this golden pocket zone.
Any rejection toward this level will lead the price to further sell off.
Guys I hate to not talk to y'all ever single day but something really amazing is cooking at HP team wagon. Forgive us for papering you!
Love P.
Love P.
$BTC / $USD BITMEX 1D
The following are my interpretations. We can see a strong buy power flowing into the market at current prices. Temperory support has been established and bears seem to be weak to drag anything further. A nice bounce from $9450 levels can be expected as it is an essential 200 MA support on the 4h.
In general the trend remains bullish and a mid term target is set at $10,800. Bag holders can start accumulating.
https://www.tradingview.com/x/roNCne0X/
The following are my interpretations. We can see a strong buy power flowing into the market at current prices. Temperory support has been established and bears seem to be weak to drag anything further. A nice bounce from $9450 levels can be expected as it is an essential 200 MA support on the 4h.
In general the trend remains bullish and a mid term target is set at $10,800. Bag holders can start accumulating.
https://www.tradingview.com/x/roNCne0X/