By CCN Markets: On CNBC’s Fast Money, Cornerstone Macro’s Carter Worth stated that based on technicals, the trend of bitcoin is seemingly positive and is aiming for 2018 levels. Year-to-date, the bitcoin price has risen by 146 percent against the U.S. dollar from around $ 4,000 to $ 9,150 following a strong start to the second quarter of 2019. Why technical indicators show bitcoin is on a positive trend According to Worth, the bottom established by bitcoin in December 2018 at $ 3,150 has acted as an important support level for the dominant crypto asset. If key support levels continue to hold up
By CCN Markets: The U.S. Army Twitter account got some mixed reactions from an adorable, but questionable video upload Saturday. The Army’s official Twitter posted a video of a toddler, too young to pronounce a single word correctly, singing “the Army song.” The best thing you'll see today. Let's hear you sing the Army song. #ArmyBday pic.twitter.com/ifYyOBzB02 — U.S. Army (@USArmy) June 14, 2019 Some of the Twitterati found the video to be totes adorbs. Others questioned whether it promoted violence and war propaganda to children and minors. This Is What The CIA Calls ‘Blowback’ I'm nursing a semi-serious
The Abyss, a new game distribution platform focused on MMOs and MMORPGs, announced two new ABYSS tokens deal to support the adoption of it’s newly launched minimum viable product and help drive the price of the token. Hey! Kick-starting our next initiative to support $ ABYSS token! Purchase ANY GAME with ABYSS and save 50% off […]
A new report published this week shines a light on the stablecoin ecosystem. Authored by George Samman and Andrew Masanto in conjunction with Amazix, the report traces the rise of digital currencies against a backdrop of high inflation in 16 countries. The report claims these conditions will create a need for fiat-pegged digital currencies that aren’t beholden to the volatility of local currency in inflation-hit nations.
Waves (WAVES), a blockchain platform centered around a multi-currency wallet that features a decentralized exchange (DEX), revealed its new browser-based game this week. New game on #Waves smart contracts is out today! It’s simple, it’s decentralised, and you’ll need to be really patient to win: https://t.co/zoTEzOZcF7#WavesPlatform #Blockchain #Crypto #Gaming $ WAVES — Waves Platform (@wavesplatform) January 23, […]
In January this year, Nordea bank banned its 31,000 employees from buying Bitcoin and other cryptos. The bank, which is the largest in the Nordic region, termed Bitcoin as too risky and as having the potential to be used in crime. Nine months later, the bank has been implicated in an alleged money laundering scandal. According to a report by Finnish state-owned YLE publication, the bank has been accused of receiving dirty money from two banks in the Baltic States. This is just after another anti-bitcoin bank, Danske, was nabbed with similar accusations.
Bitcoin educator, developer and entrepreneur Jimmy Song has bet an unlimited amount of money on cryptocurrency proving more innovative than Blockchain by 2023.
Bitcoin ‘The Real Innovation’
“I don’t really see much of this stuff gaining much traction,” he said referencing blockchain solutions for global enterprise arguing Bitcoin is “the real innovation here.”
Bitcoin economist Saifedean Ammous has confirmed publication of his cryptocurrency reference guide, ‘The Bitcoin Standard.’
Pundits Line Up To Praise New Guide To Bitcoin
A worthy counterpart to Andreas Antonopoulos’ ‘Mastering Bitcoin’ series, the book focuses on providing an accessible yet fully-rounded understanding of the revolution Bitcoin represents.
Despite only being available for purchase from April 24, The Bitcoin Standard has already garnered such praise that lists have appeared summarizing various readers’ favorite quotations.
Chief among these is a list by Yorick de Mombynes, public auditor with the French Court of State Auditors, which includes no fewer than 133 excerpts.
In the cryptocurrency market today, there’s a wide variety of investors. But it wasn’t always like that. Between 2010-2016, the landscape was pretty uncomplicated. On a high level, there were only two distinct categories: 1, The ones who measured their wealth in fiat; 2, The ones who measured their wealth in bitcoin.
Also read: Meet the TA Gods
Bitcoin and Investor Types
When a Type 1 person meets a Type 2 person, this is typically how the conversation would go.
Type 1 person: Bitcoin is doing great, I’m so glad I bought some. One of my best investments.
Whether TA works or not is a topic discussed ad nauseam in cryptocurrency circles. As a cryptocurrency trader with a fascination for engineering, math and science, I backtested the entire spectrum of the most popular bitcoin TA indicators in early 2015 using the now defunct Tradewave-platform, in search of that magic formula that would allow me to make money on auto-pilot. I did not find it.
**On Today’s Episode Of The Cryptoverse:**
What if you could hold your trading an investment fund in a price stable cryptocurrency pegged to the US Dollar? There are many projects working on this but today I look at Tether and give some practical tips from the inside of my Kraken account.
News segment begins at 4:25
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I’ve been a big fan of [Trace Mayer](https://steemit.com/@tracemayer) ever since I saw him featured in the documentary [Bitcoin – The End Of Money As We Know It](http://theendofmoneyasweknowit.com/).
I refer to Trace as ‘The Mayor of Bitcoin’. I figured hey, we have Roger Ver ‘The Bitcoin Jesus’ why not make Trace the Mayor? I mean that is his last name (different spelling).
And yes yes guys, I know this naming structure is akin to a hierarchical system. Don’t take it seriously, it’s only a bit of fun.