STRAT seen from the temporality of 1D we can observe how the price remains within the range of accumulation indicated in the graph within the green rectangle, we can also observe in the major figure as it has come forming a parallel channel, I have indicated it in blue color to differentiate it from the descending wedge in red color, where we see that the previous candle when touching the resistance to found offer that has pushed the price down.
STRAT seen from the temporality of 4H we can observe more closely the zone of accumulation, we see the bearish impulse
The official Consensus 2019 videos are now available for public viewing.
Our official Consensus 2019 video page is now live and features a slate of amazing talks from the Consensus main stage, our Business and Markets tracks, as well as our developer-focused Construct.
In these videos, you’ll hear from the likes of ConsenSys founder Joe Lubin, SEC commissioner Hester Peirce, 2020 presidential contender Andrew Yang, former U.S. Representative Ron Paul and Tron founder Justin Sun, among many more.
Per the post, Justice Joel M. Cohen of the New York Supreme Court (NYSC) ruled to grant the companies their motion for an immediate stay of the document demands. The court thus only requires the parties to produce documents and information related to whether there is personal jurisdiction over the companies in New York, while staying the document order in all other regards.
In yesterday’s motion, law firms representing the two companies specifically argued that the New York Attorney General (NYAG) has neither personal nor subject matter jurisdiction and that the NYSC cannot be appealed to, because Bitfinex and Tether are neither operated out of New York nor harmed investors in that state.
The South Korean Ministry of Science and ICT is going to run a follow-up study on blockchain regulations, according to a Yonhap News report on May 21.
The study is called the “Blockchain Regulation Improvement Study Group” and is part of an initiative run by the government’s science and tech arm to figure out how regulations could be improved so that blockchain tech could achieve widespread institutional adoption.
The Blockchain Regulation Improvement Study Group was launched in June of last year, and initially focused on improving legal regulations pertaining to blockchain tech such as personal privacy, smart contracts, electronic documents and digital signatures, and the application of distributed computing systems.
Binance founder and CEO Changpeng Zhao is taking a unit of Sequoia Capital back to court after the VC investor’s case against him was dismissed.
The crypto exchange mogul, nicknamed CZ, claims Sequoia Capital China hurt his reputation and prevented him from raising money at favorable valuations and wants the VC giant to compensate him.
According to a filing submitted on May 20 to the High Court in Hong Kong and obtained by CoinDesk, Zhao has sent an application via his attorneys for a hearing before the court chambers on an order for “immediate summary of assessment of damages.”
Dash’s highly-anticipated “anti-51 percent attack” network upgrade has finally been completed, marking “one of the most important updates” in the blockchain’s five-year history, according to an emailed statement from the Dash Core Group.
The company behind the Dash cryptocurrency announced today that the Dash Core v0.14.0 software upgrade has officially gone live on its mainnet. The upgrade aims to solve the nightmare of 51 percent attacks while also providing near-instant transaction times, as Dash Core Group COO Robert Wicko previously explained in an interview with Decrypt.
While it is incredibly rare, a 51 percent attack is a dangerous occurrence. Mostly, it happens when a single party obtains over half of the total mining power on a cryptocurrency network. Using the computing power under his control, the attacker can easily manipulate the ledger, and steal the tokens.
“We will celebrate our 1st #anniversary on May 23 and we decided to organize a monthly 100 $CCX giveaway to 5 of our node owners….”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
As expected yesterday, we did a new test of the resistance line at 0.39$ but we failed again to break it. It is always better to avoid a second fail on this kind of test but a third or even more tests could still be successfull so no drama till now. However, the more we fail to break that line, the more we have propabilities to see a correction taking place so as already explained yesterday, I really hope we will be able to break it asap.
The combined value of the cryptocurrency market rose to $185.89 billion earlier today, its highest level since Nov. 18.
While that number has dropped slightly to $184 billion as of press time, the five-month high marks the 10th consecutive week with a bullish open above the prior candle close, meaning there has been a steady increase in value for crypto since the new year began.
The majority of the crypto markets experienced positive growth toward the end of the previous close for the week April 1–7, thanks in part to bitcoin’s breakout last week.
?Tron’s Justin Sun Hints at ‘Official’ Collaboration With Ethereum This Year
Tron (TRX) founder and CEO Justin Sun claimed that he thinks the Tron ecosystem will “officially collaborate” with Ethereum (ETH) this year. Sun made his comments during an interview on The Crypto Chick podcast on April 6.
More precisely, Sun said that he thinks “even within this year we will see Tron even collaborate, officially collaborate, with Ethereum.” In response to a question on Ethereum co-founder Vitalik Buterin’s recent tweets about Tron, Sun stated that he thinks “competition brings a better product.” Sun also added:
“I think in the future we will even collaborate with lots of Ethereum developers and also the enterprises built on Ethereum before to make the industry better.”
There is a crisis in governance. I’m not talking about bitcoin, but Brexit.
Britain’s exit from the European Union (EU) is not so much a technical crisis between a ‘hard fork’ and a ‘soft fork’ but a legitimacy crisis. Yet the solution to its core dilemma — politically deciding between a ‘Hard Brexit’ and a ‘Soft Brexit’ — may actually lay in harnessing blockchain technology’s great potential as an economic governance system for the digital age.
One thing’s clear: the current system is failing. The impasse in Britain requires a radical rethink. Unless even more time is requested by the UK, and unanimously granted by all 27 member states of the EU, the default option is for the UK to chaotically crash out from the European trade bloc, by leaving without a legal agreement, on Friday April 12th. As laws have borders, this lack of ‘legal certainty’ is particularly troubling as it risks disrupting cross-border supply chain networks which would be bad news for everyone.
There are 253 crypto exchanges listed on CoinMarketCap. A year ago there were 208. More exchanges are in the planning stages. The universe of crypto exchanges seems to be constantly exploding, like the aftermath of a digital Big Bang. Save for an occasional exchange blowout here and there (QuadrigaCX comes to mind), all this has been occurring amid a sharp decline in values and trading volumes since the crypto market peaked in early 2018.
Many exchanges appear to be thriving, as crypto asset listings also continue to multiply. And thereby a central mystery emerges. How do the exchanges remain profitable and viable as they face intensifying competition from new entrants?
Since they are privately owned, the details of their inner workings remain closely held by their owners. An observer is reduced to reading tea leaves to make an informed opinion about just how profitable the exchanges might be.
Nicholas Weaver began his talk on cryptocurrency at January’s Enigma security and privacy conference with some disclaimers. “My work in this area is largely sponsored by the National Science Foundation, but of course, all opinions are my own,” said Weaver, a researcher at the International Computer Science Institute and lecturer in the computer science department at the University of California, Berkeley. “This is also not investment advice. But then again, my advice to anyone who says you should invest in cryptocurrencies [is] you should just kick them.” The rest of Weaver’s 20-minute presentation was as provocative as its title: “Cryptocurrency: Burn It With Fire.” Naturally, we had to speak with him.
? Daily Crypto Calendar, April, 8th?
Binance Coin
“We have decided to celebrate this event and host a contest. The total prize fund is 3M KICK coins,” from April 8th – 14th.
“We have decided to celebrate this event and host a contest. The total prize fund is 3M KICK coins,” from April 8th – 14th.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
The STEEM is slowly stopping to drop but to be honnest, I think it is possible that we test the support line around 0.49$ and I expect see a bounce from that line, at least I hope for STEEM. However, the BTC is ready to break an important resistance line so let’s see if it will impact also the STEEM.
Japanese crypto trading platform Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. The news was reported by Cointelegraph Japan on April 3.
Liquid’s parent company is Quoine, a global fintech company licensed by Japan’s Financial Services Agency.
As Cointelegraph Japan reports, the fresh funding and new valuation makes Liquid the country’s second unicorn in the tech startup space — the other being artificial intelligence firm Preferred Networks, which is backed by Toyota, Fanuc, Hitachi and others.
As a Saudi oil minister once remarked, the Stone Age didn’t end because we ran out of stones. It seems it’s neither the deficit of a tool nor its deficiencies that make it obsolete, but rather the invention of new tools that do the job better. With increasing competition, will the U.S. dollar continue to be the world’s primary currency, will it come to be just one of several reserve fiat currencies, or will cryptocurrency become the new instrument that powers the global economy?
No one can predict exactly how long the greenback era is going to last. What’s certain is there are different camps that want to end it for various reasons. And if cryptocurrencies are taken into account, there’s an evolutionary push in that direction as well. Bitcoin is an alternative to all traditional, government-issued currencies, of which the dollar is the most recognizable.
Coinbase has revealed the details of its insurance arrangements for cryptocurrency held on customers’ behalf, a rare move in an opaque market.
In a blog post published Tuesday, Philip Martin the exchange’s vice president of security, confirmed that it is covered for up to $255 million for coins held in so-called hot wallets – in other words, assets which are essentially online and open to potential hacks. CoinDesk first reported in November that Coinbase’s coverage was in this ballpark.
San Francisco-based Coinbase holds less than 2 percent of customers’ assets in hot wallets, with the remaining 98 percent at arm’s length from third-party attacks in cold storage, where the private keys are offline, the company told CoinDesk. (At its height during the crypto bull market, the company stored $25 billion worth of assets on customers’ behalf, but the company would not provide a recent figure.)
Online payments giant PayPal has made its first-ever investment in a blockchain technology company.
Announced today, PayPal has joined the extension of a Series A funding round in Cambridge Blockchain, a startup that helps financial institutions and other companies manage sensitive data using shared ledgers.
Neither PayPal nor Cambridge Blockchain disclosed the investment amount, but recent filings with the SEC indicate that Cambridge Blockchain has raised a total of $3.5 million in new equity from several investors over the past nine months. That follows the $7 million close of its Series A in May of 2018, and brings the total capital raised to $10.5 million.
61 percent of high-profile digital companies worldwide are investing in blockchain, according to a report by identity management firm Okta shared with Cointelegraph on April 2.
San Francisco-based enterprise identity provider Okta has released a survey on new trends in technological developments and business opportunities of the world’s largest companies.
In its first “Digital Enterprise Report,” Okta surveyed 1,050 IT, security and engineering decision makers from global companies with at least $1 billion in revenue. Okta explained that decision makers were defined as someone at the company who is “responsible for making technology purchasing decisions.”
The STEEM had a nice UP also today due to the big move of the BTC. However we are still stuck under that resistance line around 0.49$ and you can see on the chart that we are not able to break it… This resistance line is becoming kinda annoying but let’s stay positive that we can break it very soon.
Sunday, March 31 — the top 20 cryptocurrencies are reporting mixed, mostly mild, price movements on the day by press time, as Bitcoin (BTC) reaches just over $4,100.
Per the report, an unspecified person familiar with the company’s plans told the outlet that the project involves the creation of individual cryptocurrency accounts for all the users of the platform. Still, the article also claims that the firm has not yet made a final decision about whether or not to launch the coin.
According to the report, RNS has obtained a presentation from the VK that shows how one of the ways users would be able to obtain the firm’s tokens is in exchange for their activeness and time spent on the platform. According to the article, the coins earned this way could be accumulated, transferred between users, exchanged for goods and converted (presumably to fiat currency) via VK Pay.
South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job.
The company confirmed in statement on Saturday that it first spotted an “abnormal withdrawal” of the cryptocurrency through its monitoring system at 22:00 Korean time (13:00 UTC) on Friday, March 29.
The exchange suspended asset withdrawals and deposits on the platform after noticing the breach.
Bithumb stated: “All the [stolen] cryptocurrency is owned by the company, and all members’ assets are under the protection of a cold wallet.”
Under pressure for being months behind schedule, the Central Bank of Iran finally published a draft framework on the legality of cryptocurrencies in late January and welcomed feedback.
While some see the totality of the framework as a step forward, most members of the burgeoning local crypto community are unhappy with much of the specifics. They feel that the framework could severely restrict people and businesses operating in the fast-growing field if it is implemented in its current form.
Among other things, the framework proposes banning the use of global cryptocurrencies and various tokens as methods of domestic payment; requires cryptocurrency exchanges to obtain permits, therefore opening a new avenue for rent-seeking in a country that has already too much of it; and uses the word “forbidden” a lot, which could entail the threat of criminal prosecution.
About $118 million has been raised via initial coin offerings (ICOs) in Q1 of 2019, over 58 times less than $6.9 billion, the amount raised during the same period in 2018, the Wall Street Journal (WSJ) reports on March 31.
The report cites data provided by ICO analytics website TokenData. The WSJ argues that investors have been scared off by regulators’ actions against non-compliant ICOs, as well as by the general bear market over the past year.
One of the latest cases happened in February, when the United States Securities and Exchange Commission (SEC) charged crypto firm Gladius Network with selling unregistered securities after the company self-reported to the commission.
QLC holds Reddit AMA at 2 PM (UTC) following mainnet launch.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
After the touch on the support line at 0.43$ yesterday we started a nice bounce in direction of the resistance line at 0.49$. To my opinion, the Break Out that we will have soon on the BTC will
Switzerland’s Federal Assembly, the federal legislature of the Swiss parliament, approved a motion on March 20 instructing the Swiss Federal Council, which serves as the country’s collective executive head of government, to begin adjusting existing legislation to apply 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 regulation. According to the press release, the Federal Council will now be responsible for “adapt[ing] the provisions on procedural instruments of the judicial and administrative authorities so that they can also be applied to cryptocurrencies.”
Introduced by assemblyman Giovanni Merlini, the approved motion is meant to help the Swiss government “close gaps in protection against abuse” of cryptocurrencies, which Merlini says favors “extortion and money laundering.” Specifically, Merlini hopes that, by adapting the existing laws, a clarification will be made regarding cryptocurrency trading platforms and whether they should be subject to regulation by the Financial Market Supervisory Authority (FINMA), Switzerland’s financial regulator.
Ethereum (ETH) co-founder Vitalik Buterin says that high ether prices are important both for network security and the wider ecosystem’s development. Buterin made his remarks during an interview for Laura Shin’s crypto-focused “Unchained,” hosted at the Columbia Graduate School of Journalism and live-streamed on March 20.
In response to Shin’s question as to whether protocol designers and project leaders should be focusing on the question of a cryptocurrency’s price, Buterin referred to the “earlier rhetoric” of the Ethereum project, which had explicitly downplayed the importance of the asset’s value:
“In part, it was counter-signaling to distinguish ourselves [Ethereum] from other crypto projects that do pumping and lambo-ing way too much. But it was also about minimizing legal risk by basically trying to make the project seem more distant from something that would be covered by financial regulation.”
Bitmain is planning to deploy 200,000 units of its own mining equipment in China to take advantage of cheap hydroelectric power this summer.
The equipment is conservatively estimated to cost $80 million, but it may be more profitable right now for Bitmain to mine crypto itself than try to sell all this inventory.
The move signals a broader shift in the market, with miners preparing to invest again following last year’s contraction in capacity.
Americanprediction market startup and hedge fund Numerai (NMR) has raised $11 million in an initial coin offering (ICO) to launch its project Erasure, Numerai tweeted on March 21.
Introduced in late 2016, Numeraire network provides a blockchain and cryptographic token-based ecosystem for incentivizing anonymous data scientists to create predictive models. Based on the Ethereum (ETH) blockchain, Numeraire tokens are used in trading market predictions on the startup’s platform.
Numerai founder Richard Craib said that the funds from the recent ICO will be mostly spent on hiring engineers for Erasure, the decentralized unit of Numerai’s marketplace, Coindesk reports.
The race to file blockchain patents has accelerated lately with one specific firm, Nchain Holdings, attempting to capture hundreds of distributed ledger-related patents. According to reports, self-proclaimed Satoshi – Craig Wright – and his Nchain business claim to have filed 666 patent applications to date, capturing a gigantic portfolio of intellectual property.
The notorious Craig Wright, a man who claims to be Satoshi Nakamoto, is continuing his effort to obtain hundreds of cryptocurrency and blockchain-related patents. Wright is the chief scientist of Nchain but is best known for his attempts to prove he created Bitcoin over a decade ago.
“DDX/BTC trading pairs will be available at 16:00 on March 22nd, 2019(UTC+8).”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
The BTC did a correction today and unfortunatly, the STEEM followed the master. The support line around 0.49$ didn’t hold us. We have now to see if we will go back test again that resistance line at 0.49$ or if the break will be confirmed and that we will go now in the direction of the next support line around 0.43$.
