Log in

Month: March 2019

? Daily Crypto News, March, 18th?

March 18, 2019 (updated March 18, 2019) Published by
  • Bitcoin’s Price and Network Activity: One is Outpacing the Other;
  • When Bakkt? Bitcoin Futures Market’s Approval Appears Stuck in Limbo;
  • Coinbase Pro Increases Fees, Updates Market Structure ‘to Increase Liquidity’ ;
  • How Ethereum Applications Earn A+ Security Ratings;
  • Australia Announces National Blockchain Roadmap and Further Boost to Government Funding ;
  • ? Daily Crypto Calendar, March, 18th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? Bitcoin’s Price and Network Activity: One is Outpacing the Other

Bitcoin’s user growth, as represented by active addresses, has spiked in the last eight weeks leaving the price far behind, a move that contradicts the popular belief the two tend to move in tandem.


The 30 day average of active addresses on bitcoin’s blockchain, or the number of accounts that made cryptocurrency transactions at any point during the last 24 hours, total 664,064 as of March 16– up 17 percent from 569,812 seen on Jan. 20. Bitcoin’s 30 day average price, however, has increased just 1 percent during the same time span, according to Coinmetrics.


Active Addresses vs. BTC/USD

Transaction Volume vs. BTC/USD

? When Bakkt? Bitcoin Futures Market’s Approval Appears Stuck in Limbo

Bakkt was first announced in early August as a bitcoin trading and custody platform, but its launch has been repeatedly delayed


It has submitted a proposal to the CFTC, asking for an exemption which would allow it to custody the bitcoin it uses to settle its futures contracts. While CFTC Commissioners were reportedly given the proposal in December, it now appears to be back before CFTC staffers.


It is unclear if or when the proposal may be published for a mandatory 30-day public review period.


Until the review period has ended – and CFTC Commissioners have voted to approve Bakkt’s exemption – the exchange cannot launch its one-day physically-settled futures contract.

? Coinbase Pro Increases Fees, Updates Market Structure ‘to Increase Liquidity’

Major United States-based cryptocurrency exchange Coinbase announced a new market structure for its professional trading platform, Coinbase Pro, in a blog post published on March 15.


Per the announcement, the changes aim to increase liquidity, enhance price discovery and ensure smoother price movements. The changes include a new fee structure, reportedly designed to increase liquidity, updated order maximums, new order increment sizes, the turning off of stop market orders and added market order protection points.


According to the post, Coinbase Pro and Coinbase Prime — the firm’s institutional trading platform — will cease their support for stop market orders. The announcement further explains that all stop orders must now be submitted as limit orders and include a limit price.

? How Ethereum Applications Earn A+ Security Ratings

More than 1.2 million ethereum applications have used a little-known security tool to help them avoid the costly errors arising from self-executing lines of code known as smart contracts.


Launched by ethereum technology startup Amberdata back in October, the free tool is available for anyone in the general public to interpret the security of active applications on the ethereum blockchain. Smart contracts with bugs that have been exploited have led to huge losses, even to the tune of hundreds of millions.

? Australia Announces National Blockchain Roadmap and Further Boost to Government Funding

Australia has unveiled a national blockchain strategy and roadmap, with a boost of AU$100,000 (~$71,200) in further funding from the federal government. The news was announced in a joint media release from two Australian ministries on March 18.


Minister for Industry, Science and Technology Karen Andrews and Minister for Trade, Tourism and Investment Simon Birmingham have jointly stated that the new policy roadmap aims to make Australia’s nascent blockchain industry into a global leader.


The roadmap will encompass the development of blockchain “regulation, skills and capacity building, innovation, investment, and international competitiveness and collaboration.”

image.png

? Daily Crypto Calendar, March, 18th?

Spend is holding its very first AMA on Reddit and announcing a new global banking partner on March 18th!

“Deployer #CLI allows you to create your very own #blockchain in less than an hour, based on our new $ARK Core codebase.”

“TestNet upgrade will take place on Mar.18, 2019, 9:00-11:00 GMT+0.”

“EMC2 and Hora Games. Coming March 18th to @GooglePlay and @iTunes”

Changes in the new release: improved synching, added official links and exchanges , minor bug fixes , minor GUI improvements.

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We are now upper than the resistance line which is now a support line. Again, we are staying very close of it so we need to be carefull because to my opinion, the direction is not yet validated and we could have also a sudden drop at any moment. We need to take some distance from that line with a UP or a DOWN. Let’s see which direction the market will choose.

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

You don’t want to miss a Crypto news?

Follow me on Twitter or Facebook

Join SteemFollower and get Upvotes back !

Ultra Beauty Got A Makeover

March 18, 2019 Published by

Three months ago I wrote a post about the Ultra Beauty,

Ultra Beauty, Looking Definitely Ugly

Ulta Beauty (NASDAQ:ULTA) took a hit Friday, falling as much as 10%+ after announcing their quarterlyearnings. 

But the big buzz as of late was billionaire, Kylie Jenner, announced that she was partnering with Ultra within their stores.  Previously available only online, Kylie Jenner confirmed via Twitter on 8/30.

On the weekly chart, there is weekly demand at $228. Although there is still downside risk, the profit potential isn’t enough.  Thus, there is no trade set-up at this time.

Shares of Ultra Beauty soared 8% after reporting fourth-quarter

New Weekly Candle: And the Show Goes On!

March 18, 2019 Published by

We have a new crypto week on our hands. And anyone with half a non emotional trading brain can look st the charts and know “the show goes on” baby!

Litecoin Ian leading the way and I have been on this for a few weeks hitting it dead nuts . I may have been struggling a little with equities, but I love crypto more anyways . Good luck out there! My favorites…

BTC

BAT

EOS

LTC

Will The S&P 500 Make All-Time New Highs In 2019??? – Part 3

March 17, 2019 Published by

Will The S&P 500 Make All-Time New Highs In 2019???

Edward Yardeni, who spent decades on Wall Street running investment strategy for firms such as Prudential and Deutsche Bank, predicts stocks will break out to all-time highs this year.

“I’m still sticking with 3100 and feel better about it,” said Yardeni, who noted valuation multiples, low interest rates and inflation is setting Wall Street up for a very good year.

Will The S&P 500 Make All-Time New Highs In 2019??? – Part 2

Price is also approaching the triple top near the 2800 level. The triple top pattern

Ag Analysis Report 3/17/19 – Expect Lean Hog Prices To Continue To Move Higher

March 17, 2019 Published by

U.S. federal agents seized 1 million pounds (454 metric tons) of pork smuggled from China to a port in New Jersey amid fears the meat could contain traces of the African swine fever virus that has ravaged the Asian country’s hog herd.

Humans can’t be infected, but pig populations can be wiped out by African swine fever. China’s hog herd — the biggest in the world — has plummeted as farmers cull inflicted animals.

The U.S. has never had African swine fever, and officials are stepping up efforts to keep the disease out. Any sign of illness stateside could mean that

Was Facebook Worthy Of An Upgrade This Past Week???

March 17, 2019 Published by

This past week Facebook was upgraded by Nomura Instinet with a price target of $215 (just $3 shy of its all-time highs).  On the news the stock price rose to its highest level since August of 2018.

Nomura Instinet cites, the negative press from last year is a tailwind, increased margins and increased regulations will make the company stronger as the reasons for their $215 target.

But is the negative press / scandals from 2018 really tailwinds at this point. Federal prosecutors are conducting a criminal investigation into data deals Facebook struck with some of the world’s largest technology companies. As

Press Release: TutorZ Announced Relocation To The Republic of Liberland

March 17, 2019 (updated March 17, 2019) Published by

Port Hueneme, California, March 15, 2019-TutorZ LLC, a leading nation-wide tutoring market place, announced today the relocation of its main office to the country of Liberland.

https://www.tutorz.com/blog/2019/03/press-release-tutorz-announced-relocation-to-the-republic-of-liberland/?fbclid=IwAR3m9mc6FdzfPisR2NEBTFk5efNYSgEVZHipQiIvaviAPyOhJIe8akOgzdw

Pretty sure most cryptocurrencies are overvalued…. Duh.

March 17, 2019 (updated March 17, 2019) Published by

I have been looking at the crypto market these last few days which led me to the Weiss cryptocurrency report. Anyone that reads my blog knows that im not a fan of a fair number of cryptos. Most of them arent really STEEM competitors but i have a dislike for them due to numerous reasons.
As you can suspect STEEM is listed really high in most of the crypto rankings. (B- on Weiss).
While i agree that STEEM should be high on the list i dont agree with some of the other ratings, but thats not here nor there.

As time goes by, im starting to notice more and more the importance of measuring actual crypto performance in the world.
If you just glance at the Coinmarketcap page and the top tokens in market cap, and check them out, you will realize that most of them have really poor adoption. There are even those used by barely a hundred or so people daily. Dont even need to talk about those with no working product whatsoever.
What about the hundreds of “transaction tokens” or “Privacy coins”? Do we really need Dash, LTC, BCH, BCSV, MONERO, DOGECOIN, DOGECOIN DARK (called VERGE now), BITCOIN GOLD, ZCASH…
I personally dont give a crap if my transactions are private.

I care more about keeping my browser history private then my transactions and account balance.

Vitalik Buterin – 2017.

Some might care, which is fine, but do we need a 100 of these tokens that do essentially the exact same thing? I mean we arent talking here Dapp building platforms where individual blockchain characteristics are hugely important.
I dont care if i can send a private transaction with DASH 13.3 seconds faster then with, i dunno, MONERO. Makes 0 difference to me….
Which begs the question as to why arent we seeing most of these coins falling away into obscurity?

I say Drugs. No other explanation. haha. 😀

Ill see you around.

Crypto Contest March 17: SmartMesh

March 17, 2019 Published by

SmartMesh (Huobi: SMTETH) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, SmartMesh began a wave one advance in December 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, SmartMesh should be heading next towards the January 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

SmartMesh will build P2P mesh networks that run parallel to the international Internet based on intelligent hardware, software and protocols. You

BITCOIN – 17 Mar

March 17, 2019 Published by

Adjusted the big triangle top, seem like it still fit from previous shadow high. Tested and touched the triangle top now, might still cling along the top next few days and retest the previous support zone 3870 for a possible mini descending triangle. Possible pullback test to around 3500 on triangle bottom.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :118
Total marketcap :139
Dominance :50.8
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Latest Media