Thanks to BITCOIN, STEEM is recovering some places at the Total Coin Market Cap!
That’s great!
We are placed solidly at the 59th position, improved 2 places since a couple of days ago!!!
…and all this done without no advertisement, no marketing plan, neither update at Twitter nor even at the Blockfolio Signal… NOTHING!!!!
Sorry, yes, only with the own effort of ourselves, steemians, doing the impossible to promote the use of STEEM across all the borders of Twitter, Facebook etc…
777 Pushups
Dtube Forum
STEEM Meetings sporadically arranged anytime
#10kminnows
Where is the strategic Marketing Campaign!!!
What the heck means not being anymore at BETA???? Nothing changed besides technicalities!!!
MIRA would be a revolution only if we find USERS outside there!!!!
Forget about the SMT’s !!!! We NEED BUYERS!!! We NEED USERS!!!!
My Blockfolio signal keeps blinking about any other Crypto but STEEM.
TRYBE is rising! EOS is accelerating and we have competitors at the doors…
Content Neutrality Network (Bitfinex: CNNUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, CNN began a wave one advance on February 6. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 7, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, CNN should be heading next towards the April 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Content Neutrality Network is a blockchain-based content ecosystem. Crypto Tone interviewed the founder in February this year.
Bitcoin’s price has set a new record for 2019, reaching as high as $8,905 before retracing slightly.
At 19:00 UTC on May 26, the world’s largest cryptocurrency by market capitalization broke from an ascending triangle pattern on the daily chart, after being held beneath $8,250 for an extended period of time.
The move to fresh 2019 highs comes after the bitcoin price dropped to as low as $6,600 on May 17 before a large amount of buying pressure pushed prices back above $7,300 within the same day.
Since then the bitcoin price has again jumped by 22 percent, rising above $8,500 around 19:45 UTC on Sunday night and then reaching over $8,700 within half an hour. It’s currently changing hands at $8,890 per CoinDesk’s price data.
Following its hard fork on May 15, bitcoin cash (BCH) appears to have experienced a two-block chain reorganization resulting in a 3,392 BCH (about $1.35 million at press time) double spend. The claim was made in a report released by the research arm of cryptocurrency derivatives exchange BitMex on May 24.
Per the report, the recent BCH hard fork experienced three interrelated issues. Firstly, an apparent bug evidently exploited by an attacker right after the hard fork. The attacker was able to “broadcast transactions which met the mempool validity conditions but failed the consensus checks.” Miners attempting to produce blocks with said transactions were not able to, instead producing empty blocks.
The core infrastructure behind ethereum 2.0 might be in for a major redesign.
Dubbed the beacon chain, a new proposal by ethereum founder Vitalik Buterin suggests radically modifying the blockchain’s role in a new iteration of the ethereum network based on proof-of-stake consensus.
“The idea here is that basically on the beacon chain, you’re going to be able to deploy these little worlds that summarize how a blockchain works, how a state transition works, [and] how a smart contract works,” Raul Jordan, co-lead at non-profit Prysmatic Labs, told CoinDesk.
Shortly after Bitcoin SV was delisted from Binance, CoinDesk advisor Michael Casey published an insightful op-ed discussing whether the delisting amounted to censorship (it doesn’t), whether exchanges should be held to high standards of neutrality (they should) and whether regulation is necessary to achieve this result (it is).
The idea is that because major exchanges play such a crucial role in the industry (Casey claims that “[t]hey are the cryptocurrency industry) they should not be allowed to arbitrarily discriminate between crypto assets — rather they should be regulated to operate as neutral platforms.
But ask any regulation expert and they will tell you that, absent Goldilocks conditions (hold that thought), neutrality is neither the natural state of markets, nor the natural instinct of regulators.
Per the report, an unspecified source familiar with the matter told the outlet about the company’s plans to raise further funding. Moreover, Bloomberg reports that the round would increase the firm’s value to between $7 billion and $8 billion, but that the details could change.
Other people familiar with the matter also told Bloomberg that the new funds come from existing investors, all of whom asked not to be identified and to keep the details private. While the funding talks are reportedly ongoing, a further funding round could increase the company’s worth to $10 billion, but the numbers are subject to change until the deal is closed.
“Lock the balance [up 30 000 vrs] for 30 days and get 3% of the locked amount of tokens.”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
The Break Out on the BTC didn’t help us to break the resistance line at 0.39$ till now. However, STEEM is not fully synchronized with the BTC and it could happen with a little delay. Let’s check the coming hours, if the BTC doesn’t correct too powerfully, I think we could break that resistance line on the STEEM also.
Instead of looking at financial markets or asset classes on an individual basis, intermarket analysis looks at several strongly correlated markets or asset classes, such as stocks, bonds and commodities. This type of analysis expands on simply looking at each individual market or asset in isolation by also looking at other markets or assets that have a strong relationship to the market or asset being considered.
The US economy is still the largest in the world and the US dollar is still the most powerful currency in the world. Over half of all foreign currency reserves in the world are in
It’s really not very often you uncover a Win-Win opportunity in a market. Sure, at a granular level you can always ‘trade a range’ and potentially benefit on both sides of asset movement. However, with BTC we find ourselves with an almost perfect upside/upside opportunity.
Win One
BTC corrects in the near future. Most analysts are calling for a 35% drop from recent highs – referencing past price action. I personally feel a correction is likely either now / sub 10k run up / or after clearing 10K but the extent of the correction will be shallower, in my opinion, because
Bitcoin finally broke up and out of the wedge it’s been consolidating in over the past 2 weeks.
Zooming out on the monthly chart, we can see the last swing high (approximately $8,480) was created back in July of 2018. Price has now officially taken out the prior swing high (on the monthly) of the bear market. In my opinion, this confirms the bottom is in.
Looking at the weekly chart, we can see the 21 week EMA is about to cross above the 55 week EMA…a very bullish indication. That said, we can also see just how extended price is, well
On 4hr chart, the bull flag breakout upside and rally up to the possible channel top. As mentioned previously possible 3rd leg towards 9600 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :
Dominance :
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
On 4hr chart, the bull flag breakout upside and rally up to the possible channel top. As mentioned previously possible 3rd leg towards 9600 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :
Dominance :
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
I told you a couple of days ago!There was a clear decision point but the sustained volume and the RSI was suggesting a sudden price action which I bet for the upwards sense.But now we are closer to a major correction since the count has varied a little. Here I am aligned more or less with @ew-and-patterns .In my opinion there is a valid count that will bring us to see BITCOIN at 9400 USD nowadays:
Can you see those Roman numbers in blue? That sub-count is on play right now. It will form the last wave (the 5th) of the
The Standard & Poor’s 500 Index (known commonly as the S&P 500) is an index with 500 of the top companies in the U.S. Stocks. Because the S&P 500 Index represents approximately 80% of the total value of the U.S. stock market, it’s the bellwether index for the U.S. stock market. In addition, the U.S. stock market is the largest stock market in the world, it’s also the bellweather for equity markets around the world. The S&P 500 is arguably the most important stock market index on the planet.
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Because we live in a global economy, the global equity markets
