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  2. Elingtone


    For the most part it is up to you. The fact is that a sports prediction can easily be true if you are based on the analysis of sports games, the behavior of teams in game seasons and things like that. Any bookmaker provides you with such information. See for yourself https://1xbet.gb.net/ .The only question is how you will dispose of this information. From this will depend on your winnings.
  3. US bitcoin and crypto exchange Kraken has raised over $6.5 million in a matter of days as part of a new equity sale, data has revealed. Kraken Fundraiser Hits $6.55M According to a fundraising page on BnkToTheFuture, which Kraken is using to gather the funds, investors have already contributed €5.87 million ($6.55 million) of the total €9.13 million ($10.2 million) target. In doing so, Kraken has thus passed its minimum threshold of €5,552,073 as of May 21. “We are always looking for ways to democratize access to our equity, allowing more of our valued clients to become valued investors,” officials commented on social media. “To that end, we partnered with (BnkToTheFuture) to create an opportunity to invest in Kraken[.]” CEO Jesse Powell, who was responsible for the BnkToTheFuture pitch, described Kraken as one of the top 5 exchange platforms worldwide for “legitimate” volume, with a client base of around 4 million. Its trade volume in 2018 – a bearish year for cryptocurrency overall – totalled $85 billion, while Kraken is “consistently ranked” as the most secure exchange, he added. A Bitcoin Exchange Renaissance The move comes as various major exchanges have begun performing fundraising activities of their own, albeit in varying formats. As Bitcoinist reported, Bitfinex, which lost control of funds worth $850 million last year, since opted to conduct a so-called ‘initial exchange offering’ (‘IEO’), during which it sold its new LEO tokens to private investors. Despite criticism about its operations and an associated legal case, Bitfinex was also easily able to hit its target, hitting $1 billion in investments in a matter of days. Elsewhere, corporate moves are also netting significant capital for the exchange sector. Last month, a Japanese blockchain fund invested $200 million in the operator of South Korean exchange Bithumb. Meanwhile, Bitstamp and fellow South Korean platform Korbit could soon come under the direct ownership of Disney Corp. should a separate equity deal involving a giant $13.2 billion sum go ahead. The enthusiasm is unsurprising amid the turning tide on cryptocurrency markets in 2019. While 2018 even produced losses for some exchanges – such as that operated by Japan’s GMO Internet – record on-chain volume in May provides ample opportunity for industry players to expand their profile. In February, when Bitcoin price 00 still lingered around $3500, statistics nonetheless revealed that the deposits on the five biggest exchanges combined still equalled less than 1 percent of those in JPMorgan Chase. What do you think about Kraken’s equity fundraiser? Let us know in the comments below! Images via Shutterstock, Bitcoinist archives The post Bitcoin Exchange Kraken Raises $6M Equity Funding In 2 Days appeared first on Bitcoinist.com. View the full article
  4. Demdor


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  5. September


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  6. By CCN: Game Of Thrones is over. Chances are the emotion you are feeling is frustration and betrayal. Here are the five things biggest things that made the GoT Finale the worst disappointment in TV history, 1. Drogon Should Have Killed Jon Snow In Jon’s final moments with Dani, the elephant in the room was a dragon. Why would the extremely emotional fire-breather take out his rage on the castle wall and an inanimate iron throne after sniffing the dagger and realizing its owner was Snow? Yes, he can’t burn him, but he has 100 different ways to squash or The post 5 Reasons Game Of Thrones Finale was the Worst Letdown In TV History appeared first on CCN View the full article
  7. Fundstrat Global Advisors’ Tom Lee is on a world tour. No, he isn’t pumping out pop songs or signing books. The Wall Street analyst is touting the good word of Bitcoin, and why the cryptocurrency market is ready to be catapulted into its next bull run, expected to be the biggest yet. Most recently, Lee, who became prominent in the digital asset space after becoming the poster child for Bitcoin optimism in 2017, appeared on Yahoo Finance to elaborate on why BTC is and will do so well. This is the umpteenth time he has made a Bitcoin-related appearance on mainstream media in the past six weeks. Behind The Recent Bitcoin Boom During a Monday segment of “On The Move”, Lee sat down, clad in his navy-blue suit, to try and reason why Bitcoin has been outperforming traditional assets as of late. He suggests that much of the recent move has a lot to do with uncertainty on the geopolitical and macroeconomic stage, which has recently been slammed by the ongoing U.S.-China trade war, Brexit, and the financial collapses of Venezuela, Argentina, and other nations. The Fundstrat co-founder notes that Bitcoin is acting much like “digital gold”, giving investors a chance to hedge their bets against crisis with a revolutionary asset that is digital through scarce. He isn’t the first to have suggested that the recently geopolitical trends have been a tailwind for Bitcoin and its ilk. A report from the South China Morning Post recently pointed out that after Donald Trump, the president of the U.S., announced tariff changes on Chinese imports, BTC began to rally. Simultaneously, the yuan purportedly fell to its lowest level in six months, as China looked to move against Trump. Garrick Hileman of Blockchain.com told the outlet that the Yuan has traded inversely to Bitcoin in the past. And most recently, Barry Silbert, the chief executive of industry conglomerate Digital Currency Group, told Fortune’s “Balancing The Ledger” that in this trade war, Bitcoin is acting as a “non-correlated asset”. He looks to Brexit news correlating with movements in the BTC market to further illustrate his point that this move may have much to do with geopolitical and macroeconomic tensions. Lee’s points, along with those made by his colleagues, can be contrasted to those made by Erik Voorhees, the chief executive of ShapeShift. Last week, we reported that Voorhees suggested to Bloomberg TV that the recent move is a result of investors across the board coming to the conclusion that the bottom is finally in, and have begun to scale into the market as a unit. Why Is Crypto Winter Over? Let’s say that the geopolitical strains die down, does that mean BTC will return lower again? According to Lee, likely not. In fact, he asserted that by many measures, “crypto winter” is over, no questions asked. In a recent Twitter post, the Fundstrat representative gave 13 reasons why the bear market is over. Some of these important reasons include the fact that Bitcoin quickly returned to $8,000 after the $1,700 dump on Bitstamp; the Bitcoin Misery Index passing above 89, a sign only seen in bull markets; a grow in on-chain activity and volumes, which historically have preceded rallies; and the fact that Bitcoin’s chart recently saw a bullish “golden cross” pattern” while BTC moved above its 200-day moving average in spectacular fashion. After a disturbing pullback to ~$6,200, #Bitcoin back >$8,000 further cementing positive trend intact. As we said a few weeks ago, Consensus 2019 @coindesk was to prove whether crypto winter is over… …confirmed pic.twitter.com/M8ni4g2YvX — Thomas Lee (@fundstrat) May 19, 2019 And most recently, Lee noted that the fact that Bitcoin futures contracts on BitMEX for June and September have begun to trade well above spot prices is the fourteenth sign that winter is over. And from here, the analyst expects for BTC to post new all-time highs by 2020. The post Fundstrat’s Tom Lee Takes Victory Lap, Claims Bitcoin Bull Run Could Be Biggest Yet appeared first on Blockonomi. View the full article
  8. Bitcoin has been getting all the attention recently as it has doubled in price since early April. The big move has shifted total market capitalization over $250 billion for the first time in ten months. Ethereum has been a little slow to catch up but it has finally done so and is now approaching a critical point. Which way will ETH go? Ethereum’s Bull Pennant ETH has been in a steady uptrend for the past four months, over doubling from a February low of just over $100 to its current price. It did stall at around $170 for the best part of April, however, as Bitcoin roared away with all the gains, increasing its dominance to a 17 month high of 60 percent. For the past ten days or so Ethereum has finally lifted off breaking through that resistance at $180 and surging to a 2019 high of $270 on Thursday last week. Daily volume spike to an all-time high of almost $19 billion and ETH trade was roaring. Last week Coinbase recorded the highest weekly Ethereum trading volume since 2017. In the exchanges’s two most popular ETH markets (ETH/BTC and ETH/USD) a combined total of 3,675,570 units of ETH was traded from May 13 to 19, which at current market prices around $250 has a notional value of over $918 million; its highest total in a week since mid-December 2017. Since last week ETH has remained over $230 and has pushed back up to $250 where it has been trading for the past couple of days. The difference this time is that Ethereum is not being used for ICO investment but being accumulated by investors. Long time crypto trader ‘CryptoFibonacci’ has been looking at the charts noticing the formation of a bull pennant; $ETH Daily Chart. Bull pennant. Stay tuned.#ETH pic.twitter.com/OVATRLX7n1 — CryptoFibonacci (@CryptoFib) May 21, 2019 A break out usually occurs when the end of this triangle is reached and looking at the longer term trend it is likely to be to the upside. The bigger picture, however, shows ETH at the top of a rising wedge which indicates heavy resistance at this level. What About Fundamentals? Rival projects such as EOS and Tron, in addition to Bitcoin maximalists, like to constantly bash Ethereum. In the opposing corner are altcoin aficionados such as ‘Ambroid’ who recently updated a tweet pointing out; “Updating thread after 5 months. A total of 187623 $ETH Token Contracts found. That’s an 18% increase from 158265. Slowing down in %, but the absolute numbers are still massive. Uncontested leader.” Updating thread after 5 months. A total of 187623 $ETH Token Contracts found That's an 18% increase from 158265. Slowing down in %, but the absolute numbers are still massive. Uncontested leader.https://t.co/tBhB1Xaayt DappRadar lists 1487 Dappshttps://t.co/39Gn7AlmK8 https://t.co/up2OpH04Sc — Ambroid (@anambroid) May 20, 2019 Scalability has been an issue for the Ethereum network but that will all be addressed in the Serenity upgrade which will bring in sharding, proof of stake, and a new virtual machine. The phased update will begin later this year according to the roadmap. #ETHSerenity is around the corner. Check out #Ethereum's past and its upcoming upgrades on the road to Serenity. https://t.co/VGK9chyXvu pic.twitter.com/AVCVWiPkGV — ConsenSys (@ConsenSys) May 20, 2019 Ethereum prices are unlikely to remain this low for long, especially when considering what is in store for the project technically. Image from Shutterstock The post Ethereum Still Bullish With Record Trading Volumes and Solid Fundamentals appeared first on NewsBTC. View the full article
  9. additude

    Starter Coins for Beginners

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  10. Reports of cryptocurrency and foreign exchange scams surged in the U.K. last year, while total reported losses dropped, says the FCA. View the full article
  11. Despite the fact that Bitcoin (BTC) is seemingly out of a bear market, the underlying cryptocurrency industry has still been susceptible to bad news. Just weeks ago, Binance was revealed to have lost $40 million worth of BTC and iFinex, the parent company of Bitfinex and Tether, came under legal fire. And most recently, the U.S. Securities and Exchange Commission (SEC) has revealed it will not be approving a Bitcoin exchange-traded fund (ETF) proposal from VanEck and SolidX, and will instead by delaying its verdict. Although this news would have killed the vibe in 2017 and 2018, the market has been widely unfazed by what some call a “non-event.” Verdict Delayed On VanEck’s Bitcoin ETF In a document filed by the SEC on Monday, the agency revealed that it will be exercising its right to delay its decision on the VanEck proposal by 90 days, setting the next deadline to August 19th. The agency cited concerns such as there being not enough infrastructure to prevent “fraudulent and manipulative acts and practices”. No specific examples were given, but the SEC was likely triggered to deny such an application after seemingly one entity triggered a $1,700 flash crash last week, and after Bitfinex was revealed to potentially be illiquid. This news comes just a few days after the SEC issued a similar verdict on a similar application from Bitwise, which is also looking for a regulatory stamp of approval on its crypto-backed fund. As expected, the SEC has delayed the VanEck bitcoin ETF proposal. Read the order here: https://t.co/OB3TBgVGwg. VanEck's new deadline is August 19. The SEC can & likely will delay one more time for a final deadline of October 18. Looks like this ended up the right explanation: https://t.co/bkzeVRt1Hg — Jake Chervinsky (@jchervinsky) May 20, 2019 Harrowing as it may seem though, these regulatory maneuvers were entirely expected. Jake Chervinsky, a crypto-specializing lawyer formerly of Kobre & Kim, explained this weekend that the cryptocurrency market isn’t ready for a regulated product. He points to the fact that in the order delaying the Bitwise verdict, SEC staffers mentioned the nature, efficiency, and manipulative susceptibility of the Bitcoin market, hinting that the fact that it is far from amicable towards current conditions. The document then goes on to reference the Bitwise report that 95% of all spot Bitcoin volumes are fake, which was meant to comfort the SEC, not irk it. Long story short, the SEC wasn’t expected to be ready to delve headfirst into cryptocurrency, despite the developments that have been made in terms of custody, surveillance, and overall market maturity. These cynical expectations have allowed the space as a whole to shrug off this recent news, almost as if nothing has happened at all. Sentiment is still running high, in other words. Gabor Gurbacs, a digital asset strategist at VanEck, said that his firm’s push towards creating “better-regulated, safer, and more liquid” digital asset markets will not cease with this news. Others simply pointed out that BTC has actually rallied by 5% since the SEC’s latest comment, accentuating that this news hasn’t hampered this market in any way. as trader “Mr. TA” writes, “Now that the ETF nonsense is out of the way, I think the markets are free to move up again.” The VanEck SolidX #Bitcoin #ETF decision has been postponed by the SEC. We continue the hard work towards better-regulated, safer and more liquid digital assets markets. Bitcoin is too big to ignore. Vires in numeris! Public document and timelines: https://t.co/F9cV95CHKN pic.twitter.com/hgyhVE0nJr — Gabor Gurbacs (@gaborgurbacs) May 20, 2019 Do We Even Need An ETF? This begs the question — do we even need a Bitcoin ETF at this point? Likely not. The thing is, the cryptocurrency market is getting financialized with or without an ETF. As popular commentator “The Don” draws attention to, soon, millions of common consumers will be able to purchase Bitcoin and other digital currencies directly from their TD Ameritrade and E*Trade accounts, barring that the rumors are false of course. They can delay our ETF, but they can't delay the progress we've made in the last 6 months. Soon millions of folks will be able to buy directly from their Ameritrade account. $BTC — The Don (@DonnyCrypto) May 20, 2019 More importantly, Bakkt, the cryptocurrency play backed by the NYSE’s owner, is expected to launch its physically-backed Bitcoin futures contract in July. While this isn’t an ETF per se, many expect for this product to have a similar positive effect on the underlying cryptocurrency market as an ETF. There is still hope for an ETF though. As reported by Decrypt Media, SEC Commissioner Hester Peirce told conference-goers at Consensus, New York that now, or even one year ago, is the right time for an ETF. The fact that the cryptocurrency ecosystem has an “inside woman” does bode well for ETFs, just give it some time. The post Crypto Community Unfazed By Delay Of VanEck’s Bitcoin ETF appeared first on Blockonomi. View the full article
  12. After bitcoin’s recent bullish steam in recent weeks, analysts at JP Morgan, the world’s sixth largest bank, think the bitcoin price appears overextended and could be in for another correction. That’s per a note created by Nikolaos Panigirtzoglou and other analysts analysts at the firm. The document was first circulated on May 17th, the morning after the bitcoin price fell from $7,800 USD to $7,100. In the ensuing days, BTC has gained that ground back and is currently trading over $7,800 again. Yet even with the genesis cryptocurrency’s reconsolidation after its weekend dip, Morgan’s analysts think the coin’s price may currently be beyond its fair value. The firm’s experts arrived at that estimation by calculating the average costs associated with mining and then compared that sum to the bitcoin price. To that end, Panigirtzoglou and his peers wrote the recent uptrend was reminiscent of a period during bitcoin’s last bull run: “Over the past few days, the actual price has moved sharply over marginal cost. This divergence between actual and intrinsic values carries some echoes of the spike higher in late 2017, and at the time this divergence was resolved mostly by a reduction in actual prices.” Of course, even if a correction is near, it could end up being just the latest blip in an indefinite series of cycles. Back in February before BTC started its latest run, Panigirtzoglou projected “more participation” from institutions would be coming to the crypteconomy: “The stability that we are seeing right now in the cryptocurrency market is setting the stage for more participation by institutional investors in the future. The cryptocurrency market was a new market. It went through a bubble phase, the burst.” So while it remains to be seen where the bitcoin price will go in the short-term, there’s still plenty of room for growth as enterprises continue to come marching into the cryptocurrency ecosystem. Bitcoin Still Sitting Pretty So Far in 2019 Since the beginning of the year, the bitcoin price has outperformed the S&P 500, the NASDAQ 100, gold, and other popular mainstream investments — not bad for a digital coin that was worth less than one penny a decade ago. With renewed buy pressure returning after the dissipation of the 2018 bear market’s pessimistic atmosphere, bitcoin is now hovering around $7,815. That price puts BTC up 48 percent on the month and up 101 percent over the last three months. Notably, the bitcoin price has now registered three straight weeks of double-digit percentage rises — a performance the OG cryptocurrency hasn’t put on since 2017, when its price briefly ripped up to $20,000. Of course, it’s an open question whether or not the crypto can match or surpass that valuation in another full-fledged cryptoeconomy bull run. But what’s clear already is that bitcoin’s recent uptrend has also helped spur buy pressure around the top cryptocurrencies in general. For example, last week popular U.S. crypto exchange Coinbase facilitated more than $904 million worth of ether (ETH) trades, a record for the platform. The second-largest crypto per market capitalization is up 70 percent since three months ago. Up or Down, JP Morgan’s Crypto Activities Grow Blockchain developers at JP Morgan have been increasingly busy in recent times. Back in February, it was revealed that the bank was launching JPM Coin, a stablecoin-like token that the firm was going to test out in payments trials at some point in 2019. The token is being built atop Quorum, which is JP Morgan’s in-house permissioned fork of Ethereum. A few weeks later, the bank also revealed that its 200-member Interbank Information Network — also built on Quorum — was launching settlement functionalites, making the project a de facto Ripple competitor. Moreover, as of this month, enterprises can now build applications for themselves via Quorum using Microsoft’s Azure Blockchain Service. The post JP Morgan Analysts: Bitcoin Price May Be Beyond “Fair Value” in Uptrend appeared first on Blockonomi. View the full article
  13. Listen up, U.S. taxpayers: the IRS is getting ready to publish its first guidance on cryptocurrency taxation subjects in years. IRS Commissioner Charles Rettig noted as much in a response letter to the Congressional Blockchain Caucus, which had wrote to Rettig’s agency back in April requesting a series of public clarifications, such as how U.S. cryptocurrency users should be taxed on crypto forks for example. Therein, the commissioner said the answers to the caucus’s range of cryptocurrency questions could be expected in short order: “I share your belief that taxpayers deserve clarity on basic issues related to the taxation of virtual currency transactions and have made it a priority of the IRS to issue guidance […] We have been considering these issues and intend to publish guidance addressing these and other issues soon.” The commitment to further clarity comes after American crypto users have been complaining for years about an ambiguous regulatory thicket in the country. The IRS has hitherto treated digital currencies as property, while other U.S. government agencies approach them as commodities, securities, and money. The IRS has told Congress that it will issue new cryptocurrency tax guidance soon. https://t.co/z0oEi0dbfC — Coin Center (@coincenter) May 20, 2019 Of course, the IRS can’t clear up that confusing regulatory landscape in one fell swoop. But any additional clarifications the agency can offer will be gladly welcomed by traders who want to pay their taxes accurately. How Should Cryptocurrencies Be Treated? It’s a Layered Question — There’s Many Twists and Turns Ahead The IRS treats crypto as property, which makes it taxable in a very specific way in the U.S.– namely by bringing capital gain and/or capital loss implications into play. Whether that’s the right way to treat cryptocurrency is a question ultimately for the American people to decide. If enough pro-crypto politicos were eventually elected to Congress, then federal legislation could be passed that could instruct the IRS to not tax crypto as property, among any number of other similar mandates. And that’s just one major regulatory wrinkle among hundreds in a single national jurisdiction. Beyond just the people, the world’s most powerful institutions are also increasingly grappling with how to approach the cryptocurrency ecosystem. For example, in a paper published this month by the European Central Bank (ECB), the institution that backs the euro and shapes the currency’s monetary policy said that “crypto-assets” did not currently pose a threat to the financial stability of the Eurozone economy … for the time being. Indeed, the ECB said that threat could grow in the future: “The sector nevertheless requires continuous careful monitoring, as market developments are dynamic and linkages to the wider financial sector may increase to more significant levels in the future.” Accordingly, one of the most draconian Western takes yet on how cryptocurrencies should be treated came from U.S. Representative Brad Sherman earlier this month, when he proposed the creation of a bill that would ban cryptocurrency ownership in America altogether. Today in Congress Rep. Sherman called for a bill to ban all cryptocurrencies. This is why Coin Center is needed in DC now more than ever. pic.twitter.com/jgikm7z8bI — Coin Center (@coincenter) May 9, 2019 Why so harsh? Rep. Sherman said it would be good to “nip [crypto] in the bud” because “it is the announced purpose of the supporters of cryptocurrency to take … power away” from the U.S. dollar, which the congressman attributed as being the foundation of America’s power on the international stage. New Global Standards to Corral Crypto Coming In other regulatory news, the inter-governmental Financial Action Task Force (FATF) is releasing new standards recommendations in June that will see the body asking member nations to enforce tougher rules on cryptocurrency exchanges. Specifically, the forthcoming FATF recommendations would make it so such platforms have to provide relevant customer data among each other in order to facilitate transactions — a bank-like responsibility. The prospect has already proven unpopular with stakeholders in the cryptoeconomy, though how entrenched the recommendations will become is up in the air for now. The post U.S. Internal Revenue Service (IRS) Says New Crypto Tax Guidance Near appeared first on Blockonomi. View the full article
  14. CRYPTOBIRDS presents the first incentivized collaborative platform for analyzing ICO projects in a transparent way and by fostering best practices The First Security Token Project Launched in Spain in Accordance with Current Law Kicks off Its Pre-Ico until May 28 The whitelist is now available to ensure access to interested investors. The project is supported by the legal advice of the law firm Pinsent Masons Madrid, 14 May 2019.- The purpose of Crypto Birds is very clear: to build a meeting point for ICOs and blockchain projects with investors, in order to shed light on a complex and uncertain environment. The post CryptoBirds: Guiding Investors To Most Trustworthy ICOs & Blockchain Projects appeared first on CCN View the full article
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  17. Ethereum price is trading with a positive tone above the $245.00 and $240.00 supports. ETH could start a strong upward move once it clears the $254.00 and $255.00 levels. Ethereum price is trading above the main $240.00 and $245.00 support levels. There is a key bearish trend line forming with resistance near $254.00 on the 30-minute chart. ETH price is likely to start a decent upward move above the $255.00 resistance level. Read: Guide to Vantage FX Ethereum Price Analysis (ETH to USD) Recently, there was another downside correction in Ethereum price below the $245.00 support. ETH price traded as $238.91 and recently rebounded above the $240.00 and $245.00 levels. Click to Enlarge Chart Looking at the 30-minute chart of ETH/USD, the pair gained pace above the $245.00 level and the 25 simple moving average (30-min). There was also a break above a connecting bearish trend line with resistance near $246.00 on the same chart. The price traded above the 50% Fib retracement level of the last decline from the $265.00 high to $238.91 low. The bulls managed to push the price above the $250.00 level, but the price struggled to gain pace above the $255.00 level. The 61.8% Fib retracement level of the last decline from the $265.00 high to $238.91 low is also preventing an upside break. Besides, there is a key bearish trend line forming with resistance near $254.00 on the same chart. A clear break above the trend line resistance and $255.00 could open the doors for more gains in the coming sessions. The next key resistance area is near the $260.00 level, above which the price may continue to rise towards the $265.00 and $272.00 levels. On the downside, an initial support is near the $245.00 level, below which the price may revisit the main $238.00 and $240.00 support levels. Overall, the current price action is positive above the $245.00 and $240.00 levels, and it seems like Ethereum could rise above the $255.00 and $260.00 levels. If there is another dip, the $240.00 support area is likely to hold the decline. The market data is provided by TradingView, Bitfinex. The post Ethereum Analysis: ETH Price Above $250, Primed for More Gains appeared first on Blockonomi. View the full article
  18. Ripple price dipped below the $0.4000 support level, but it remained well supported near the $0.3820 and $0.3800 levels. XRP is likely to climb above the $0.4000 and $0.4200 resistance levels. The price is currently consolidating above the $0.3800 support area. XRP is trading below a short term bearish trend line with resistance at $0.3930 on the 30-minute chart. Ripple price is likely to climb above the $0.4000 and $0.4050 resistance levels. Read: Guide to XM Broker Ripple Price Analysis (XRP to USD) Recently, there was a fresh dip in ripple price from the $0.4100 swing high. XRP/USD traded below the $0.3920 support area and tested the main $0.3800 support area. A swing low was formed at $0.3801 and the price climbed above $0.4000. Click to Enlarge Chart Looking at the 30-minute chart of XRP/USD, the pair traded as high as $0.4056 and recently started a minor decline. It broke the $0.4000 support level and the 50% Fib retracement level of the recent wave from the $0.3801 low to $0.4056 high. The price declined below the $0.3920 support and the 25 simple moving average (30-minute chart). However, the $0.3900 level is acting as a support along with the 61.8% Fib retracement level of the recent wave from the $0.3801 low to $0.4056 high. On the downside, there are strong supports formed near $0.3900 and $0.3800. There is also a bullish trend line in place with support at $0.3840 on the same chart. As long as the price is above the recent low of $0.3801, it is likely to move higher towards the $0.4000 level. On the upside, there is a short term bearish trend line in place with resistance at $0.3930 on the same chart. If there is an upside break above the trend line and $0.4000, the price is likely to accelerate higher in the near term. An immediate resistance above $0.4000 is at $0.4050. If ripple price continues to move higher, there are chances of more gains above the $0.4100 and $0.4120 levels. On the downside, a break below the $0.3800 support could open the doors for more losses towards $0.3600. The market data is provided by TradingView, Bitfinex. The post Ripple (XRP) Price Analysis: Primed To Climb Above $0.40 and $0.42 appeared first on Blockonomi. View the full article
  19. By CCN: Year-to-date, the bitcoin price has surged by 113 percent in a stunning recovery, achieving $8,000 in merely six months after plunging to $3,150 in December 2018. As said by Thomas Lee, a co-founder at Fundstrat Global, bitcoin has historically tended to record most of its gains in a short time frame, typically in a 10-day window, unlike traditional assets and asset classes. 2/ Reminder that BTC generally generates all of its performance within 10D of any year.–ex the top 10 days, BTC is down 25% annually since 2013 pic.twitter.com/zoEocEEZvu — Thomas Lee (@fundstrat) April 2, 2019 According to The post Bitcoin Price Blitzed $20,000, 13 Days After it Last Closed at $8,300; Déjà Vu? appeared first on CCN View the full article
  20. Crypto markets still consolidating; ETH looking promising, XLM and XRP slide, NEO gains and MATIC moons. Market Wrap The consolidation has continued on crypto markets for another day. There have been slight declines but nothing significant as the SEC ruling on the VanEck ETF gets predictably delayed again by the apathetic US regulator. Total crypto market capitalization is still hovering around $245 billion. Bitcoin bounced off an intraday high of $8,060 a few hours ago during Asian trading. The minor correction took BTC back below $7,900 and it has been slowly dropping ever since. Currently trading at $7,920 Bitcoin is down about a percent on the day. Ethereum looks a little healthier even though it has dropped back to $250. A golden cross between the 50 and the 200 day EMAs is a long term bullish indicator and further gains could be on the cards for ETH which has remained flat on the day. The top ten is mostly in the red at the moment but losses are marginal as the markets continue to consolidate. Stellar has taken the biggest hit with a 2.6 percent loss back to $0.133 and XRP is a close second dumping 2 percent back below $0.40. The rest are little changed from this time yesterday. There is a little more movement in the top twenty but very few altcoins are gaining at the time of writing. NEO is making a rare 5 percent gain today as it struggles to remain at 20th place. Monero is also on the up adding 2.5 percent to top $90. The rest are dropping a couple of percent with Tezos taking the largest lump of 6.5 percent off its price. FOMO: Matic to the Moon Today’s epic pump is going on with the Ethereum based blockchain scaling Matic Network which has surged 80 percent to power into the top one hundred. This is a prime example of the power Binance has as it has pumped the project via the LaunchPad program and subsequent token listing. Unsurprisingly 99 percent of the volume is currently being traded on Binance alone. Matic Network has officially joined Binance Info's transparency initiative. By sharing project-related information such as news and progress reports on Binance Info, Matic is contributing to keeping the community informed. Check out our page here: https://t.co/pzAdw2ltPb pic.twitter.com/Ky6VPt7PGm — Matic (@maticnetwork) May 20, 2019 Holo is also on a rip with a 40 percent pump as HOT flies up the charts to 34th place. There are no major dumps going on at the moment as markets remain relatively stable. As always there are altcoins at the bottom of the performance pile though at today it is Augur, Tezos, and Aurora. Total market capitalization 24 hours. Coinmarketcap.com Total crypto market capitalization is currently at $246 billion, marginally lower than the same time yesterday. Daily volume is still huge at $77 billion so momentum could well continue upwards if the big boys can break resistance. Aside from the weekend correction which was quickly recovered, crypto markets have remained sideways for the past seven days. Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals. The post Crypto Market Wrap: MATIC Moons On Binance Endorsement appeared first on NewsBTC. View the full article
  21. Former Presidential candidate, Ron Paul, says that a Bitcoin ban is highly unlikely and that the dollar’s demise is inevitable. Ron Paul: ‘Dollar is Going to Self-Destruct’ Former US Congressman Dr. Ron Paul recently attended the crypto Consensus conference in New York as a guest of the Digital Asset Policy Network. During his visit the retired politician and godfather of the modern right-wing Libertarian movement spoke about the death of the dollar and Bitcoin’s growth as a disruptive and sovereign asset. Speaking in an interview with Bitcoin Magazine Dr. Paul stated that he wasn’t technically minded but has been fascinated by Bitcoin, its market action and wild price swings. He added that Bitcoin offers an alternative to the current financial system and that he strongly advocates a free market place. Proposed Bitcoin Ban Highly Unlikely Earlier this month Congressman Brad Sherman called for an outright ban on Bitcoin stating at the time; I look for colleagues to join with me in introducing a bill to outlaw cryptocurrency purchases by Americans so that we nip this in the bud, in part because an awful lot of our international power comes from the fact that the dollar is the standard unit of international finance and transactions … Ron Paul, when questioned on this, simply replied that Sherman doesn’t have the clout since he’s over the top and that a Bitcoin ban is highly unlikely. He added that Congress in general had less interest in Bitcoin and that they haven’t really thought it through. When asked about the validity of Sherman’s crypto threat to the dollar argument Dr. Paul replied; That tells you a lot. He’s speaking for the deep state establishment, military people and everyone else in the banking system. He’s representing their position that “You don’t mess with the dollar.” But I don’t worry about that because the dollar is going to self-destruct. In his 2009 book ‘End the FED,’ Ron Paul referred to the dollar as a ticking time bomb so was asked if crypto could be seen as a hedge in times of market volatility. He replied that citizens should be allowed to have a hedge, for years Americans were not allowed to own gold under something called the Gold Reserve Act. With an ever more tumultuous foreign policy another massive financial crisis such as the 2008 crash could be around the corner. “The trust in the dollar has allowed the bubble to get bigger. It’s held together for a long time and that’s just going to make the crash worse,” he added. When asked about volatility and devaluation of the dollar, Ron Paul replied stating that the dollar is also volatile, adding; “how many people really want to use it versus how fast they’re printing the money.” Since the gold standard was removed in 1971 the purchasing power of the dollar has plummeted. Bitcoin’s volatility was attributed to the fact that it is a new form of money that will have its ups and downs, banning it is not the answer. USD purchasing power. Source: BLS He added that cryptocurrencies need regulation but who would be the regulators? Since the Depression the US financial system has been regulated but that did not prevent the massive crash a decade ago. Finally, Ron Paul added that there appeared to be a lot of confidence in Bitcoin for people to buy it, but the number of buyers is also important. Is it millions of people or just a few whales? When asked if he held any BTC he said no, though the Ron Paul Foundation will accept. What do you think of Ron Paul’s comments? Share your thoughts below! Images via Shutterstock, BLS The post Ron Paul Says Bitcoin Ban Won’t Stop Dollar From Self-Destructing appeared first on Bitcoinist.com. View the full article
  22. Crypto Angle

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  24. WINBIX AIRDROP: WINBIX is airdropping a total of 2,500,000 WBX tokens to their community members. Create an account at WINBIX and complete some easy social tasks to earn stakes. Also earn more stakes for each referral. Step-by-Step Guide:  1.Visit the WINBIX website: https://winbix.io/ref/952913835354667156775038 2. Click on “Personal account” and sign up. 3. Verify your mail and log in. 4. Go to the “Airdrop” tab from your dashboard. 5. Now complete some easy social tasks to earn stakes. 6. New tasks will be added every week. 7. Refer your friends to earn 10% of the stakes earned by your referrals. 8. Make sure to submit your ETH address in your profile. Tokens will be distributed proportionally from the total airdrop value depending on your stakes after the ICO.
  25. Bitcoin price started a downside correction after tagging the $8,300 resistance against the US Dollar. The price tested the $7,575-7,600 support area and recently rebounded towards $8,100. Yesterday’s highlighted important bullish trend line is intact with support near $7,810 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to trade in a range before the next move either towards $8,300 or below $7,575. Bitcoin price is holding a couple of important supports near $7,600 against the US Dollar. BTC could either climb above $8,100 and $8,300 or start another decline below the $7,575 low. Bitcoin Price Analysis After a strong rebound, bitcoin price tested the key $8,300 resistance area against the US Dollar. The BTC/USD pair traded as high as $8,301 and later corrected lower. It traded below the $8,000 and $7,800 support levels. However, the pair found a strong buying interest near the $7,600 support level and a swing low was formed at $7,575. Recently, the price recovered above the $7,800 level and stayed well above the 100 hourly simple moving average. Moreover, there was a break above the 50% Fib retracement level of the last decline from the $8,301 high to $7,575 low. The price traded above the $8,000 level, but it failed to gain momentum above the $8,120 level. Besides, the 76.4% Fib retracement level of the last decline from the $8,301 high to $7,575 low acted as a strong resistance. The price is currently trading below $8,000, with many supports near the $7,800 and $7,850 levels. More importantly, yesterday’s highlighted important bullish trend line is intact with support near $7,810 on the hourly chart of the BTC/USD pair. The main support on the downside is near the $7,600 area and the 100 hourly simple moving average. If there is a successful close below the 100 hourly SMA, there could be additional losses towards the $7,300 or $7,200 support. On the upside, a convincing break above the $8,120 level may open the doors for more gains. The main hurdle for the bulls is near the $8,300 level, above which there could be a solid rally towards $8,500. Looking at the chart, bitcoin price is clearly trading above the key $7,800 and $7,600 support levels. As long as there is no close below $7,600, there are high chances of an upside break above the $8,120 and $8,300 resistance levels in the coming sessions. Technical indicators: Hourly MACD – The MACD is slightly placed in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently above the 50 level, with a flat structure. Major Support Levels – $7,810 followed by $7,600. Major Resistance Levels – $8,120, $8,250 and $8,300. The post Bitcoin (BTC) Price Watch: Breakout or Further Decline? appeared first on NewsBTC. View the full article
  26. By CCN: Teenage bitcoin millionaire Erik Finman has once again thrown himself into the spotlight by claiming that the flagship cryptocurrency ‘will die’ unless the sticky issues it is facing are resolved. Speaking to Yahoo Finance, Finman indicated that the sticky issues plaguing Bitcoin are four. This includes its complexity with regards to use, high transaction fees, slow processing speeds and in-fighting among development teams. It’s facing four big problems. One, its high transaction fees. Two, it takes a long time you know to kind of send anything. And then three, the people that are trying to solve those problems… The post Bitcoin Will Die if These 4 Problems Remain Unsolved: Teen Crypto Millionaire appeared first on CCN View the full article
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