Every so often I like to go back and check on one of the most important aspects and one thing I believe truly matters with cryptocurrency and blockchain IMO, and that is speed. You can measure this with the amount of transaction over a running 24 hour period at blocktivity.info. This is why I believe that graphene chains are so important. Take a look at these speed numbers and how far BEHIND Bitcoin and Ethereum is with SCALING.
You can clearly see why I am a huge EOS guy. (Steem as well and WLS but that is for another day). The
Bitcoin broke below $4,000 earlier today, finding support right around $3,900 before bouncing. It’s currently trading around $3,950 on Coinbase.
In today’s analysis I discuss where price may be heading next, traps to avoid and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Workin
If you found this post informative, please:
Open an Account on Binance here:https://www.binance.com/?ref=16878853
You learn from experience and patience is something that I am continuously working on. The gaming arena is not leaving, instead it is continuously evolving now with the technology and the games in the industry. $ATVI was a perfect long in the $42 range it just wasn’t ready to go immediately. Check back 20 days (3 weeks) later and look at it now. Ripping up positive.
The gaming industry is not slowing down and is evolving. These companies are not going away and will either be bought by bigger companies like MSFT os will prosper in the long run.
Sunset and evening star,And one clear call for me!And may there be no moaning of the bar,When I put out to sea, Crossing the Bar ~ Alfred, Lord Tennyson
Tennyson was speaking about death in this famous poem. Today I’m going to take a more positive spin on “Crossing the Bar”; this post is about life – Platinum coming back to life!
Almost a month ago I published a post titled “Time to buy Platinum?”, in which I made it fairly clear that I believed it was indeed time to buy. In fact: so good was my post, that it convinced me to
An Indian crypto exchange has launched a program that allows its users to earn interest on their cryptocurrencies held at the exchange. Initially, users can lend BTC, USDT, BNB, XRP, and ETH. The CEO of the exchange has shared details about this new offering with news.Bitcoin.com.
The CEO explained that his exchange has an internal settlement and liquidation mechanism for margin trading which does not have “a dedicated funding wallet,” elaborating:
“Funds are then lent to the users only when the margin trade is open, with no withdrawal access and hard liquidation with 7.5% maintenance margin.”
Facebook’s blockchain recruitment drive continues, as the social network looks to hire a lead commercial counsel for its initiatives with the technology.
A new job posting at the company’s career page says the position will be responsible for “drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to launch new products and expand such products internationally.”
United States-based payment platform Square is hiring cryptocurrency engineers and is offering to pay them in digital currency, according to a tweet published by Twitter and Square CEO Jack Dorsey on March 20.
In the tweet, Dorsey announces that “Square is hiring 3–4 crypto engineers and one designer to work full-time on open source contributions to the Bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in Bitcoin!”
Dorsey further commented that the decision to pay employees in digital currency is based on the intention “to make the broader crypto ecosystem better,” thus contributing to the Bitcoin (BTC) community.
The multimillion-dollar blockchain Tezos has officially concluded its first round of voting for two competing system-wide upgrade proposals.
Having raised a record fundraising amount of $232 million in an initial coin offering (ICO) in 2017, the Tezos blockchain officially launched last September. It was valued at over $1 billion at the time and presently sits at roughly $360 million in market capitalization, according to CoinMarketCap.
Not without its fair share of internal governance conflicts, today marks the official close of the first round of voting on the Tezos blockchain. The two proposals dubbed ‘Athens A’ and ‘Athens B’ are the first of its kind to undergo Tezos’ protocol amendment procedures, designed to roll out system-wide upgrades otherwise known as hard forks in an entirely automated and self-governing fashion.
At least one scammer is reportedly gaming other users on the blockchain-powered event betting platform Augur by creating deliberately invalid markets, according to a Reddit thread published on March 20.
Created by the non-profit Forecast Foundation, Augur is an Ethereum (ETH) mainnet-based predictions platform, which launched in July 2018. The platform allows users to stake tokens to bet on predictions of the outcome of a given event.
The reported scam entails a bad actor creating a predictions market that contains subtle contradictions or inconsistencies in its wording, which will ultimately lead to the market being declared invalid, and all staked funds thus being distributed evenly between betters.
David Gerard, author of the crypto- and blockchain-skeptic book, “Attack of the 50 Foot Blockchain,” has tweeted his sardonic response to news of the alleged scam, writing:
“Augur users shocked, shocked to discover that statements in words may have exploitable ambiguities when computerised, and that this opens their system to SCAMMERS!”
“ICONLOOP is proud to take part in the ‘#AWS Partner Summit Seoul 2019’!”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
We finally broke the resistance line today after several tries the last days and even weeks. We have now to see if that break will be confirm. We could see a pull back on the same line before a UP continuation. What is important to see now is that this line acts as a support and trigger a bounce if we touch it.
Isn’t it comical…this is the best thing about the main stream media. It gives you major turns. The mainstream media has ZERO idea what they are talking about 85% of the time. Like really Wall Street Journal? You have the audacity to write this article now? When the chart actually looks good and Bitcoin is Down 85% from highs? Lmao.
I’m not really surprised at all by this. Crypto is still in its infancy and probably inning 2 of this 9 inning game. It will come out of its 6th consecutive bottom ripping to all time highs…getcha popcorn ready. The
Isn’t it comical…this is the best thing about the main stream media. It gives you major turns. The mainstream media has ZERO idea what they are talking about 85% of the time. Like really Wall Street Journal? You have the audacity to write this article now? When the chart actually looks good and Bitcoin is Down 85% from highs? Lmao.
I’m not really surprised at all by this. Crypto is still in its infancy and probably inning 2 of this 9 inning game. It will come out of its 6th consecutive bottom ripping to all time highs…getcha popcorn ready. The
Enjincoin (ENJ) has made remarkable upwards leaps and bounds over the last month, putting even well performing coins such as BNB to shame. So what’s the clever play now? Sell it? Buy it? Hold it?
I’m holding mine. Here is why:
They say lightning doesn’t strike twice. They’re wrong.
Within a time period of a mere two weeks, ENJ more than doubled in value, not once, but twice!
Made by Bit Brain with TradingView
Three weeks ago (just after the first big climb) I made a comment on someone else’s ENJ post. I was then asked:
New Zealand-based cryptocurrency exchange Cryptopia has resumed trading on 40 trade pairs, according to a tweet from the firm on March 18.
In the tweet, the company announces that it has “resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins.” The update follows the exchange’s recent announcement of the plans to reopen trading on its platform by the end of March, following a $16 million hack in mid-January. In January, Cryptopia suspended services after detecting a major hack that reportedly “resulted in significant losses.” The platform had initially informed the public it was undergoing unscheduled maintenance, issuing several updates before officially disclosing the breach.Almost 90 percent of cryptocurrency exchanges’ reported trade volumes may be incorrect, new research from trading analytics platform The Tie warned in a digest released on March 18.
Reporting on figures gathered from 97 exchanges, researchers found that the vast majority of the volume claimed to come from users may not in fact exist.
The revelations came as a result of calculations of lesser-known exchanges versus well-known businesses such as Binance and Kraken.
IBM is taking its banking clients a step closer to cryptocurrency.
Announced Monday, six international banks have signed letters of intent to issue stablecoins, or tokens backed by fiat currency, on World Wire, an IBM payment network that uses the Stellar public blockchain. The network promises to let regulated institutions move value across borders – remittances or foreign exchange – more quickly and cheaply than the legacy correspondent banking system.
So far three of the banks have been identified – Philippines-based RCBC, Brazil’s Banco Bradesco, and Bank Busan of South Korea – the rest, which are soon to be named, will offer digital versions of euros and Indonesian rupiah, “pending regulatory approvals and other reviews,” IBM said.
BlockFi’s interest-yielding deposit accounts, launched in beta in January and fully live this month, have attracted more than $35 million in crypto. Most of it is being lent to institutional borrowers.
BlockFi’s terms of service give the company significant leeway over how it uses depositors’ funds and what interest rate it can pay them. This flexibility is needed for the company to grow fast, CEO Zac Prince says. Institutional investors borrow crypto at individualized terms, at interest rates from 4 to 12 percent, and BlockFi can call in the loans at any time.
When crypto prices move dramatically, BlockFi manages risks by making borrowers put up more collateral or selling some of it.
BlockFi is planning to roll out new products every six months and raise more capital.
On Monday, March 18, technology giant IBM announced that its new cross-border payments network, intended to clear and settle foreign exchange transactions in seconds instead of days or weeks, is widely available.
The pilot phase of the new payment network, dubbed World Wire, was first announced in July 2018. World Wire, which went into limited production on Monday, is built on the Stellar protocol and conducts transactions using Stellar Lumens and the US dollar-pegged Stronghold stablecoin. The network currently boasts payment locations in 72 different countries and can conduct transactions in 47 <abbr title="
Government approved currency (dollars, euros, etc.) that isn’t backed by a physical commodity (gold or another commodity).
“>fiat currencies between 44 different “banking endpoints.”
“ICONLOOP is proud to take part in the ‘#AWS Partner Summit Seoul 2019’!”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Due to the Bitcoin up trend, it looks like the STEEM want start a little UP also and perhaps go test the resistance line. We are trying to break that resistance line since several days now but even we were able to do it during some hours, it was always to be rejected just under after. Let’s see if the UP that we have currently on the BTC will help us to really break the resistance line.
Bitcoin has been pounding on the $4,000 resistance these past 4 days. Daily volume remains relatively strong at about $9.3 billion.
Zooming in on the 4 hour chart, it appears a bull flag is forming. We’re also seeing hidden bullish divergence on the 4 hour MACD. This suggests a break up to test the upper portion of resistance around $4,120 (on Coinbase).
In todays analysis I discuss, key areas to watch, where price may be heading next, traps to avoid and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or
