Binance, the world’s largest crypto exchange, announced this week that it now supports passive staking for Stellar (XLM). #Binance Will Support @StellarOrg ( $ XLM) Staking & Launch a 9,500,000 XLM Initial Staking Reward Airdrop. Users holding XLM on Binance may expect to receive a 1st staking reward amount equivalent to roughly 10-12 months worth of […]
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KittyPlays’ Live Monthly Variety Show Premiered Yesterday
KittyPlays, a leading female esports streamer with more than 1 million Twitch followers, has officially launched a new variety show, Playtime with KittyPlays, in partnership with Allied Esports. The first episode of the monthly show took place on March 24 at the HyperX Esports Arena inside the Luxor Hotel and Casino in front of a […]
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Brave Browser Passes 5.5 Million Monthly Active Users
Brave Software, the company behind the Brave Browser and Basic Attention Token (BAT), revealed this week that the browser has passed 5.5 million monthly active users. We passed 5.5 million monthly active users and now have 28,000 Verified publishers. Along with key partnerships and product redesigns, 2018 was busy for us. We can’t wait for more achievements […]
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Simple Ledger Developers Publish Monthly Puzzle With Bitcoin Cash Treasure
In late November, the creators of the Simple Ledger Protocol announced the launch of Ledger Treasure, a contest in which contestants must solve a puzzle to win over $ 100 worth of bitcoin cash (BCH). On Dec. 6, Simple Ledger developer James Cramer revealed the winner of the first puzzle solved by gaining access to the BCH funds locked in a special P2SH address.
Also read: Previously Inactive Whales Are Moving Large Amounts of BTC
EUR/USD Monthly Outlook Hints Unprecedented Bitcoin (BTC) Gains
Bitcoin (BTC)’s price movement so far has been a reaction to the EUR/USD pair for the most part. In fact, Bitcoin (BTC) has rarely made any moves that were not coherent with movements in the EUR/USD pair. The monthly chart above for EUR/USD shows the Euro (EUR) in a strong ascending channel against the US Dollar (USD) since 1994. The first large circle shown on the chart above between 2003 and 2008 bears extremely close resemblance to the one formed this time between 2017 and 2018.
Continue reading EUR/USD Monthly Outlook Hints Unprecedented Bitcoin (BTC) Gains at Crypto Daily™.
Bitcoin Price Analysis: All Eyes On $6800 Into The Monthly Close
As Bitcoin price approaches the Monthly candle close after a volatile day yesterday, we take a look at what’s going on in the market.
4 Hour Chart
Looking that the daily chart, after closing the previous week at $ 6,700, Bitcoin 00 began a bullish start to the week, trading at highs of $ 7,125 breaking the linear resistance by Tuesday.
Volatile moves followed on Thursday with Bitcoin dropping back to retest the previous resistance of $ 6,800 where support was found and a sharp $ 200 move back up to $ 7,000. Some traders will view resistance turning into support [otherwise known as a Wyckoff Throwback], as being bullish after a period of accumulation.
Bitcoin (BTC)’s Monthly Close Above 21 EMA Will Substantiate $25,000 Year End Target
“I want to be clear, Bitcoin (BTC) is going to $ 25,000 by year end” said Tom Lee of Fundstrat last month. This statement did not appear very convincing back then as Bitcoin (BTC) was in a tough spot, struggling to stay above the 21 EMA. This month though, as the monthly chart above for BTC/USD shows, the monthly candle strongly bounced up from the 21 EMA and is now about to close above the 21 EMA.
Bitcoin Beats Euro As Brewing Italian Crisis Delivers 6% Monthly Losses
The euro has declined more against the dollar than Bitcoin since April as Italian political turmoil riles markets.
Euro Faces Repeat Politics
Data uploaded to social media by eToro analyst Mati Greenspan shows that despite its downturn in May, Bitcoin is still 7% higher than it was April 1, while the euro has dropped 6%.
“Draw your own conclusions,” Greenspan commented.
Just for the fun of it. Here's a graph comparing Bitcoin to the Euro since the beginning of April.
Green is BTC = +7%
White is Euro = -6%Draw your own conclusions…. pic.twitter.com/4p4UoJ0lsz
China Plays Jekyll & Hyde, After Ban It Will Publish Monthly Crypto Report
China’s government is well known as a crypto hater, and its banishments and pronouncements are the stuff of wild market swings. That doesn’t mean, however, they’re not keeping close eye on decentralized currencies. In fact, according to recent press releases, Chinese authorities are set to publish regular monthly analysis of over two dozen crypto assets, its Global Public Chain Assessment Index.
Also read: Bitcoin’s Anonymous $ 55 Million Pineapple Fund Gives Final Donation
China Set to Provide Monthly Cryptocurrency Report
“This independent analysis of cryptocurrencies and global public blockchain technology demonstrates the confidence of the Chinese Government in the technology, and will act as a guide for government, enterprise and research institute,” a government press release read this week.
Bitcoin Price Watch: Currency Slumps to New Monthly Low
Another drop is in the books, and bitcoin is hovering at a monthly low of approximately $ 7,400. While predictions remain relatively varied, some believe that bitcoin may be heading towards a “death cross,” and that the price could drop to new levels before any serious recovery is experienced.
First and foremost, a death cross occurs when an asset’s short-term average sinks lower than its long-term average. Sadly, this has occurred with bitcoin, as the currency’s 50-day marker is now lower than its 200-day marker. The currency has been hit with multiple marketing and advertising bans from major internet players including Facebook, Google, Twitter, and even LinkedIn, and it can be argued that the currency has taken a few serious hits in the process.
Monthly Web Traffic for Major Bitcoin Exchanges Falls by Half
The disappointing price performances of the cryptocurrency markets in January and February have apparently driven many bitcoin traders to avoid checking on their exchange accounts. Estimations of the total number of visits to the trading venues based on web traffic show a sharp decline month over month.
Also Read: University Student Gang ”Breaking Bad” Jailed For Dealing $ 1M+ in Drugs for Bitcoin