EOS (EOS), the fourth-largest cryptocurrency with a $ 2.5 billion market cap, surged nearly 25% last week as the crypto market rallied on the back of Litecoin’s (LTC) unexpected breakout. You must be a subscriber to continue reading Members can login here. FREE 7-DAY TRIAL: Receive access to all Premium content. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed […]
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Bitcoin (BTC) Prepares For Reversal Amid Record Low Volatility
Chart for BTC/USD (1M)
Bitcoin (BTC) volatility has now reached record low on major exchanges. The price is preparing for a reversal and risk taking has returned to the market. We have seen most altcoins rally against Bitcoin (BTC) the past 48 hours. This further confirms our view that the trend is about to reverse and Bitcoin (BTC) is going to enter a period of gradual ascend. As we have seen in the past, this is the period where most altcoins rally against Bitcoin (BTC). The same has started to happen this time and the altcoin market confirms it. This means that all those people waiting for Bitcoin (BTC) to make a 5x or 10x moves from here on out to reach a new ATH is not going to happen. Instead, altcoins are going to have their rally first.
Gemini Prepares to Launch Litecoin Trading, Delays Bitcoin Cash Listing
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, will list Litecoin (LTC) Saturday after receiving approval from the New York State Department of Financial Services (NYSDFS). We are pleased to announce that @litecoin (LTC) is now available on Gemini! Starting tomorrow, we will begin accepting Litecoin deposits, and trading will open across all currency pairs on […]
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Crypto Firm Prepares £45 Million Bid on Hull City Football Club
Yorkshire-based championship football team Hull City may be about to change hands as international bidders make their interest known in what is being referred to as a takeover in the UK media. Last weekend Paul Duffen, former chairman of Hull City AFC, announced his intention to buy the club with the backing of Saudi Arabian
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Dogecoin Price Prepares for Another Jump While Bitcoin Struggles
Even though the previous week has not resulted in any real momentum for the Dogecoin price, this week is already off to a different start. Thanks to a small gain in USD and BTC value, it becomes apparent DOGE is enjoying the semi-bearish spell keeping all top crypto markets in its grip. There is still a long way to go prior to noting strong gains, though.
Litecoin (LTC) Finally Forms A Strong Bottom, Prepares For Trend Reversal
Litecoin (LTC) appeared extremely weak when it fell below the 21 Week EMA. The decline was a very sharp and steady one. Debates over value proposition of Litecoin (LTC) began to surface and a lot of investors and analysts were convinced that Litecoin (LTC) might break market structure and fall significantly below $ 50. However, as the above weekly chart for LTC/USD shows, Litecoin (LTC) did an excellent job at not only defending key support levels but also forming a strong bottom.
Litecoin (LTC) Bottoms Out At $50, Prepares To Begin A New Trend
Litecoin (LTC) has finally done it. The price has found a true bottom at the exact price of $ 50. This has been tested a number of times now according to the daily chart for LTC/USD above. Some might argue that finding a bottom is a process and not a price target. I agree with that in the case of Bitcoin (BTC) but Litecoin (LTC) seems to have found a bottom in terms of price.
Continue reading Litecoin (LTC) Bottoms Out At $ 50, Prepares To Begin A New Trend at Crypto Daily™.
Philippines Prepares to Regulate Cryptocurrency Exchanges as Trading Platforms
The head of the Philippines’ Securities and Exchange Commission (SEC) is targeting draft rules for domestic cryptocurrency exchanges within weeks ahead of finalizing regulations later this year. Cryptocurrency exchanges in the Philippines could soon operate as regulated trading platforms as authorities proactively seek to both protect investors and enable an inclusive ecosystem for cryptocurrencies to
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Litecoin (LTC) Aims For Trend Reversal As Price Prepares To Escape Falling Wedge
Litecoin (LTC) is trading in a falling wedge with the possibility of a breakout in the weeks ahead. The above daily chart for LTC/USD shows that Litecoin (LTC) has almost reached the extent of its movement within the falling wedge against the US Dollar (USD) and is now likely to test the downtrend resistance. However, before testing the downtrend resistance, it will have to break past the 21 EMA which has served as a support turned resistance since the beginning of the correction.
Trading Platform Announces Alpha Website Launch, Prepares for Global Marketing
Blockchain OTC trading platform ‘Xtock’ has announced the launch of its ‘teaser’ website. The company will be providing a blockchain based OTC token, which will be based on off-the-shelf, real-time financial and corporate data solutions.
Xtock stated that the database and evaluation platform will allow businesses, as well as users, to connect more effectively and efficiently. Xtock will provide liquidity, transparency and funding opportunities by tokenizing companies, evaluated by raw data analytics, and driven by artificial intelligence, government & national credit rating agencies. Xtock is a reverse TGE that is based on pre-existing fintech and digital lending services.
Bitcoin Price Prepares to Test $8K After Bull Breather
Bitcoin’s price pullback is seen yielding a more sustainable rally to $ 8,000, according to technical studies.
CoinDesk
Save the Date: AirPod’s Pre-Sale Prepares for Launch
The long-awaited AirPod ICO is finally taking off! The team has announced that its pre-sale is going to start on May 29, 2018. The project introduces a revolutionary sleeping pod intended to improve your travel experience while at the same time providing you with means for stable yet profitable passive income.
A Breakthrough Sleeping Pod
AirPod Sleeping Pods will provide you with a reprieve from the hassle and bustle of the airport, allowing for a stress-free waiting time that you’d otherwise have to spend in all that chaos. These private, “capsule style” units are designed to be installed in public spaces, beginning with major airports throughout the entire world.
Russia Prepares for Large-Scale Bitcoin Mining Operation Following Minery Launch
With digital currency gaining in popularity worldwide, additional mining operations and farms have started to appear despite looming bans on the practice.
Understanding The Ban
While many see bans on crypto mining as a hindrance to entrepreneurship and the crypto space, in actuality, it’s an effort to protect and enhance cities, states, and countries’ natural, historic, cultural, and electrical resources.
ARK Prepares to Release ARK Core v2
ARK announced in November of 2017 that, whilst the ARK Network demonstrated a fast and reliable network with a committed community, it was to completely overhaul the ARK core code after identifying key elements within the core design that could be improved.
The final testing phase for ARK core V2 is underway and it is nearly ready for public testing on the Devnet. It is not clear for how long it will remain in testing, or when it will reach the Mainnet, but once public, the public will be invited to hack, test it, review it, report bugs and suggest improvements they wish to offer.
Start-up Hada DBank Completes Presale, Prepares Main token Sale Dates
Islamic blockchain finance start-up Hada DBank successfully ended its Pre-ICO exercise on the 15th of March 2018, after a vote from its community for an additional two-week extension. 11.3 million HADACoins were sold, raising approximately USD3 million. Hada DBank achieved its targeted soft-cap and is now looking towards its main token sale event.
New ICO Prepares to Disrupt Banking Industry With Inclusive Mobile Payment Solutions For The Unbanked
DESTO, the innovative mobile blockchain financial technology company, announces its forthcoming ICO. Their mission is to blaze a new trail within the financial world, by offering “cashless commerce” underpinned by blockchain technology.
Wilmington, Delaware, March 23, 2018, The core purpose of DESTO’s unique, accessible and inclusive payment alternatives is to provide financial enfranchisement to the 2.5 billion individuals around the globe currently without traditional bank access.
Its borderless financial services offering is being supported with its token, DEO. The company’s companion mobile payment solutions will be underpinned by blockchain technology via DESTO PAY and the DESTO APP.
Amelie Arras Prepares to Defend Bitcoin’s Title at Money 20/20 Asia Race
It has been announced that the Marketing Director of Adastra Marketing, Amelie Arras, will look to defend bitcoin’s crown in the upcoming Money20/20 Asia Payments Race. Mrs. Arras is hoping to repeat her performance from last year, where she defeated four other participants to claim victory for bitcoin in the Money20/20 USA Payments Race.
Also Read: Arras Lives on Bitcoin for a Week and Proves Bitcoin Is Gaining Acceptance