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Month: March 2019

? Daily Crypto News, March, 29th?

March 29, 2019 (updated March 29, 2019) Published by
  • IOHK Founder Charles Hoskinson Says Crypto Industry Needs More Interoperability ;
  • Coinbase Leads Wall Street to Brave New World of Crypto Staking;
  • New USStocks Token Lets Investors Access US Stock Market With Stablecoin Dai;
  • Fake Volume on Crypto Exchanges Isn’t the Half of It;
  • Russian Mining Giant to Tokenize Palladium ;
  • ? Daily Crypto Calendar, March, 29th?
  • STEEM Trading Update

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

? IOHK Founder Charles Hoskinson Says Crypto Industry Needs More Interoperability

Charles Hoskinson, a founder of IOHK, the firm that developed cryptocurrency Cardano (ADA), said that the cryptocurrency industry needs a “WiFi or Bluetooth moment” in an interview with media outlet Cheddar on March 28.


Speaking about the status of the cryptocurrency industry, Hoskinson said that it needs specific standards that will facilitate the development of more interoperability. Per Hoskinson, it will allow communication and information to be traded in an easier way among both digital currency and traditional financial institutions. Hoskinson argued:


“What we are seeing is a collection of standards being created [that] will inevitably converge over the next three to five years to create a situation where you can move information and value between all these different systems ー not just Bitcoin to Litecoin to Ethereum to Cardano ー but also your regular bank account.”

? Coinbase Leads Wall Street to Brave New World of Crypto Staking

The Takeaway:

Coinbase Custody is offering staking services to institutional clients, starting with Tezos.

Client assets will remain inside Coinbase’s fully insured cold storage at all times, mitigating risk to investors.

Since staking requires some funds to be kept online, Coinbase will put up its own coins, assuming the risk.

After deducting Coinbase’s fee, clients can expect to earn about 6.6 percent annually, the firm says.

? New USStocks Token Lets Investors Access US Stock Market With Stablecoin Dai

Decentralized financial contracts platform UMA has partnered with Decentralized Autonomous Organization (DAO) MakerDAO to release a token tied to the United States stock market, UMA announced in a blog post on March 27.


The ERC-20 token, dubbed USStocks, seeks to offer investors access to the U.S. stock market using cryptocurrency. Users can purchase the token using MakerDAO’s own USD-backed stablecoin, Dai (DAI).


Decentralized cryptocurrency exchange DDEX is currently the platform of choice for onboarding potential investors.

? Fake Volume on Crypto Exchanges Isn’t the Half of It

Recently, a report was produced by Bitwise Asset Management showing the existence of faked volumes in the bitcoin market – 95% of total volume according to its research. It’s hard to disagree with many of the facts in the report. Yet there are some items left out in this presentation to the SEC.


It’s hard to justify bitcoin is a mature asset and has a sophisticated market supporting it. And despite the fabricated volumes across crypto exchanges, this presentation makes a compelling argument there is maturity.

? Russian Mining Giant to Tokenize Palladium

Russian billionaire Vladimir Potanin is planning to create cryptocurrency tokens backed by palladium, Bloomberg reported on March 27.


Potanin — who is CEO of the Russian nickel and palladium mining and smelting company MMC Norilsk Nickel PJSC (Nornickel) — plans to deploy cryptocurrency tokens for trading palladium through a Switzerland-based palladium fund, and wants to launch several digital platforms.


According to Bloomberg, the platform will enable more fluid transactions. Currently, should a buyer discover that they do not need all the contracted volume in a purchase, they must either renegotiate with the supplier or sit on the excess supply until they find a buyer. However, with a tokenized asset, they could ostensibly sell the excess volume to a third party more easily.

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? Daily Crypto Calendar, March, 29th?

Nexus hosts workshops at the IETF in Prague during the afternoons of March 29 and 30.

Last trade of Bitcoin futures contract for March, 29th 2019. Trading terminates at 4 PM GMT.

Lethean will release its main product which is a wallet with VPN capabilities.

“Dear friends! The release of AzartPay wallet for iOS will be held on March 29.”

EDN releases technical paper, SDK & SDK document, and SDK sample codes to showcase their beta wallet.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

We are consolidating just in the middle of the 2 lines, waiting to see what the master BTC will do. We should go test one the 2 lines quiet soon. We have clear support and resistance on the chart and it would be nice if we can go test the resistance line around 0.49$.

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

I’m About to Change Your Perspective on the Current State of the Crypto Market

March 29, 2019 Published by

https://messari.io/onchainfx

While playing around with Messari for its very useful ‘real volume’ data. I came across an update on using the website by CryptoBobby. I highly recommend you check out that video as it takes you through many of the great trading/investment features of Messari.

Enabling a number of those features is very revealing.

These are:

Time since Low / % Up Since Low / Year to Date (USD) %

So lets take a few standout examples:

EOSCardanoBinanceTime Since Low4 months4 months4 months% Up Since Low177%148%302%Year to Date (USD) %67.4%65.18%180.79%

Now, no doubt EOS (54%) and Cardano (78%) are still well off their

#1 Carmageddon Stock To Short

March 29, 2019 Published by

Two weeks ago I wrote a post about the auto loan industry imploding,

Carmageddon Is Back On

Serious auto-loan delinquencies – loans that are 90 days or more past due – surged to 4.47% of total auto loan balances in Q4 2018, according to New York Fed data this morning. This put the auto-loan delinquency rate at the highest level since Q1 2012 and just 0.6 percentage points below the peak during the Great Recession in Q1 2011.

At the end of 2018, there were over 7 million Americans with auto loans that were 90+ days past due, 1 million more than at

Village Farms International Is Smoking

March 28, 2019 Published by

As cannabis sales continuing to increase year after year with a potential of the industry hitting $500 billion in the Cannabis Industry, all the stock in it and Village Farms International are smoking…figuratively and literally.

Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. But in 2017, the company partnered with Emerald Health Therapeutics, a Canada-based, medical-marijuana research company and formed a 50-50 joint venture called Pure Sunfarms with the goal of supplying stores with cannabis products for the recreational market.

In late January, Village Farms International announcement

Auto Draft

March 28, 2019 Published by

While watching the situation of the Crypto Market, from time to time is good to deviate the focus of observation from the crypto King (BITCOIN), despite I still agree with the fact that the whole market is affected somehow by the steps of Satoshi’s creature.

That’s why, in order to get a better view, I used to check the evolution of the Total Crypto Market cap.

Below you can see the Weekly Chart, which is very similar to the BITCOIN’s chart but with some differences:

In this chart you can notice how, after having passed a long recession and having touched the Ground

WhatsApp Crypto Wallet – That is a Mainstream Outlet for Sure

March 28, 2019 Published by

Honestly, up until about a year ago I didn’t even realize whatsapp was a legit app.  I literally thought it was some kind of spam.  Then I got introduced to people outside the U.S. and realized it is the most used messaging app elsewhere.
In fact, most Europeans don’t use the regular text messaging provided with your phone carrier, but use whatsapp instead.
So when news of a crypto wallet coming to whatsapp hits I had to take notice.
Looks like it will be functional to send BTC with something as simple as texting “send 0.01 BTC to John Doe.”
I will attached a

BITCOIN – 28 Mar

March 28, 2019 Published by

On 4hr chart, divergence still valid, seem to be getting heavy on the resistance on 4000 zone. Lower highs. possible IHS with neckline along this resistance, right shoulder maybe.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :116
Total marketcap :143
Dominance :50.2
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

The Renaissance ETF, IPO Will Be A Winner In 2019

March 28, 2019 Published by

The U.S. IPO market was closed during the recent government shutdown, but bankers are still confident that 2019 will be a strong year for deals. That’s according to a new survey by BDO USA, which found 71% of capital market executives at leading investment banks believe IPO activity will increase, or at least be flat, with 2018, the best year for deals since 2014. The survey was conducted in December when markets were already experiencing a correction, but bankers remained optimistic despite more than half of them expecting further corrections in 2019.

Source

Lyft looks set to debut on Nasdaq on Mar

$EOS has now SMASHED through the 200 day MA…

March 28, 2019 Published by

Looking longer term within EOS and the chart of this asset, we have now made a MAJOR move and should be considered VERY BULLISH (long term) until proven otherwise. Sometimes these fail, many times trends begin…

EOS has now SMASHED through the 200 day MA to the upside over the last couple of days. Bulling up any major chart of assets you can see how LONG these trends last sometimes above the 200 day MA. We definitely want to see the 200 day MA start to curl up but this is a major start to what we want to see for

Just some random thoughts // Crypto life, Steem, Whaleshares, stuff…

March 28, 2019 (updated March 28, 2019) Published by

Theres something i have feared a lot when i bought STEEM couple months ago at $0.9. (I bought 1500 STEEM in total)

I was afraid that i was late. I was afraid that i missed the the biggest ATH crypto will ever see. I was afraid that i was too late to accumulate any significant sum of crypto. I was afraid that i would never be able to make whale friends and get votes.

But over time those opinions started changing. I started to pick up on nuances, the good sides and the bad sides of crypto. I figured out that i didnt have to make whale friends. I figured out how STEEM worked (even though i decided not to prostitute myself), i figured out the scammy crap exchanges are pulling off, i figured out how you can get your shitcoin listed by pulling someone off and with all that i managed to place myself somewhere i feel comfortable. https://chairsinfo.com/wp-content/uploads/2017/04/Comfortable-Office-Chairs-Options.png

A place where i can grow slowly, accumulate, find opportunities to reinvest and i dont have to adjust my behavior to appease anyone. Something that most say is the privilege of large accounts. And sure, that is most definitely not the fastest way to grow, lol, but its my way.
My posts arent flooded with engagement nor am i pulling in hundreds of STEEM a week…. but ill say “Fuck” as much as i want and enjoy myself. haha

But for most part its working well. Im getting my few dollars a day. Sometimes ill do a task and get a big vote from Oracle-d, sometimes ill leave some feedback on a project, sometimes ill do some twitter crusading, sometimes ill get lucky with Steem Monster cards, ill get my biweekly payouts from the “dev company” im invested in, ill do some curation on STEEM or WHALESHARES. etc….. Theres bunch of stuff for me to do here, stuff i didnt realize until i stopped focusing on trying to be friends with people id probably never like in real life just to get ahead.
I realized that there was a false dichotomy present here.

Either kiss ass or be a selfish, self-centered asshole to earn anything here.

While those two things most definitely represent the “profit maximizing way”, they arent the only way.

Not until i stopped trying to “maximize my profits” in the way presented above did i start looking for more opportunities and finding them. Investing in stuff, starting to post on Whaleshares and getting to know folks there/here. (One of the best decisions i made so far)
Sure, there are some shits on Whaleshares as well, but like its the case with smaller communities, the shits get flushed down the toilet pretty fast. haha

And there you have it. Sometimes i like to chronicle my thoughts. Put them to blockchain so one day in 5 years or a decade when im flying down the airway in my maglev Lambo, i can look back and say:

What a smart kid i was back then.

https://assets.flatpyramid.com/wp-content/uploads/2017/07/11022043/lamborghini-aventador-flying-2017-3d-model-221329.jpg

Or ill end up living under a bridge and think what a moron i was. hahaha.

Ill see you around. 😉

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