- Sudden Bitcoin Price Breakout Sets New Bull Target at Over $5K ;
- “Bitcoin and Friends” Animated Series Airs Spicy First Episode ;
- XRP Exchange-Traded Product Goes Live on Swiss SIX Exchange;
- Puerto Rico Sees New Crypto Bank Accept First Client Deposit;
- Pakistan Government To Issue Crypto Regulations;
- ? Daily Crypto Calendar, April, 2nd?
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
? Sudden Bitcoin Price Breakout Sets New Bull Target at Over $5K
With bitcoin’s move today to 4.5-month highs near $5,080, the transition from bear to bull market appears done and dusted.
The trend change would gain credence, though, if and when BTC finds acceptance above the former support-turned-resistance of the 21-month exponential moving average (EMA), currently at $5,200.
The cryptocurrency is looking overbought as per the 14-day relative strength index, so prices may have a tough time breaking above $5,200 in the near-term.
Bitcoin could see a pullback to $4,400 if signs of bullish exhaustion increase in the next few days.
? “Bitcoin and Friends” Animated Series Airs Spicy First Episode
There’s a new animated series called “Bitcoin and Friends” that’s been making its rounds across the web after the first episode was released by Uncle Chris Productions. The humorous and sometimes raunchy cartoon is an eight-part series that aims to make people laugh during the depressing bear market and the crypto saltiness on social media.
On March 29, Uncle Chris Productions released the first episode of an eight-part series that encapsulates the life of a lonely bitcoin in search of his lost father. The show “Bitcoin and Friends” stars “B,” a bitcoin who finds himself in a hospital and starts an adventure to find out who he is and who created him. Along the way, B finds some quirky friends in the first episode, called “Tears of a Clown”, whose storyline is based in New Jersey back in 2009.
? XRP Exchange-Traded Product Goes Live on Swiss SIX Exchange
An exchange-traded product (ETP) tracking the price of the XRP cryptocurrency has gone live on Switzerland’s primary stock exchange SIX.
Amun AG, the maker of the product, announced the news on Tuesday, saying that the XRP ETP had started trading on the exchange under the ticker symbol AXRP.
The firm first revealed it would launch an XRP ETP last month. Hany Rashwan, co-founder and CEO of Amun AG told CoinDesk at the time that his firm already had an approval in place from SIX to issue the product.
With today’s launch, Amun AG now has a total of four cryptocurrency ETP products listed on the SIX exchange. Last month, the firm launched an ethereum (ETH)-based ETP (AETH). The month prior a bitcoin (BTC)-based ETP (ABTC) went live, and the firm launched the Amun Crypto Basket Index ETP under the ticker symbol HODL in November.
? Puerto Rico Sees New Crypto Bank Accept First Client Deposit
Puerto Rico-based cryptocurrency trading platform San Juan Mercantile Exchange (SJMX) has launched banking operations via a new subsidiary, the company announced in a press release on April 2.
SJMX, which exists as a membership-based exchange for digital asset traders, is seeking to expand the scope of its operations for institutional investors.
The new venture, dubbed San Juan Mercantile Bank & Trust International (SJMBT), received a banking license from Puerto Rican regulators last month.
? Pakistan Government To Issue Crypto Regulations
The government of Pakistan will soon release draft regulations for financial institutions that wish to provide services related to <abbr title="
A digital store of monetary value the primary use of which is for buying and selling goods, services, or property, such as Ether or bitcoin. Cryptocurrencies are cryptographically secured against counterfeit and often are not issued or controlled by any centralized authority.
“>cryptocurrency and other digital assets, according to local English-language news outlet The Express Tribune.
Citing sources in Pakistan’s ministry of finance, the article states that a ceremony to introduce the new regulations is being held today, April 1, at the Islamabad office of the State Bank of Pakistan (SBP). According to Pakistan’s finance minister, who attended the meeting, the Pakistani government is committed to transforming the country into a knowledge-based economy. It believes that information technology will help create more jobs and develop “world-class knowledge workers in sync with international market trends.”
To this point, the finance minister said, “It is our government’s policy to encourage the use of e-commerce amongst [the] public through awareness campaigns to promote a culture of e-commerce in the country, which supports electronic business transactions at national, regional and international levels.”
? Daily Crypto Calendar, April, 2nd?
NOVA 1.0 Release
Crex 24 Listing
“Join us on Tuesday 2nd April at 18:00 in St. Petersburg, Russia for a #Binance meetup!”
The creation and distribution of ZNN is made through the ZX algorithm that follows a supply demand pattern.
“ZB.com will list Grin/QC and Grin/UDST for trading at 2019/04/02 14:00 (UTC+8).”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Today again, STEEM is correcting while the BTC is increasing. So we are again in the middle of the 2 lines and we need to see which line the market want go test. Perhaps we are just taking some distance to go test again the resistance line at 0.49$ or the STEEM want do a bigger correct and we will go test the support line at 0.43$
Last Updates
- ? Daily Crypto News, April, 1st?
- ? Daily Crypto News, March, 29th?
- ? Daily Crypto News, March, 28th?
- ? Daily Crypto News, March, 28th?
- ? Daily Crypto News, March, 25th?
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