EOS is holding higher folks. My favorite crypto currency with a very LOFTY price target of $100 on the next mega bull run. You can see here off of the December 2018 lows (ironically a year removed from the top) we are looking very very good. I am expecting an explosion through highs IF we take out $4 on volume!
Here We Go!
New blockchain startup Bison Trails has received an investment of $5.25 million in a seed round backed by Mike Novogratz’s crypto merchant bank Galaxy Digital. The firm announced the fundraising in a Medium post on March 15.
newLed by two early stage venture capital firms Initialized Capital and Accomplice, the series seed round was also backed by both Galaxy Digital and blockchain-focused asset management firm Distributed Global. Other investors included Notation Capital, Homebrew and Charge Ventures.
Bison Trails’ blockchain infrastructure is designed to offer a way to launch secure, available and geographically distributed nodes on a participatory blockchain network, the press release notes. The Bison Trails platform enables a number of blockchain tools including staking, validating, voting, transacting and securing blockchain protocols.
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.
In light of the splash JPMorgan made recently with its plan for a bank-backed cryptocurrency, it’s worth remembering another big institution first tested a token to connect global payments – back in 2015.
Codenamed “Citicoin,” the project out of Citigroup’s innovation lab in Dublin was never formally announced by the bank, even as a proof of concept. The idea was to streamline global payment processes. As such, there are obvious parallels with the much-vaunted JPM Coin.
However, having taken stock of the experiment (not to mention the scorn of the bitcoin community at that time) Citi concluded that, while the technology has the potential to live up to its promises, there were other more effective and efficient ways of making improvements in payments.
Leading Swiss online retailer Digitec Galaxus has announced that it will now accept cryptocurrencies, according to a press release published on March 19.
Per the announcement, the shop is now accepting Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), Tron (TRX), NEO (NEO) and OmiseGO (OMG) for purchases worth over CHF 200 (about $200). The release further claims that the shop hosts around 2.7 million products, ranging from wheat beer to gaming PCs.
The new payment method was reportedly jointly developed as part of a pilot project with Swiss payment processor Datatrans and in collaboration with Danish crypto payments startup Coinify. The system opens 15-minute-time windows for customers, during which the crypto exchange rate doesn’t change in order to make the payment with a fee of 1.5 percent.
“On March 19, we’re launching a US dollar (USD) market for Spendcoin (SPND). Eligible Bittrex accounts are auto enabled for USD trading.”
Binance launchpad Celer BNB session starts at 11:00.
“The Trading Pool will be opened on the 19th of March!”
WandX DEX on NEO, Wanchain and AION is set to go live on Mainnet on March 19, 2019. Two new tokens also will be announced & airdropped.
Veros releases Q2 roadmap update.
Here is the chart of yesterday :
Here is the current chart :
Nothing really new on the STEEM. We are staying really next than our support/resistance level in blue on the chart and the market is waiting for a Break Out to know the future direction for the STEEM. It is a similar pattern on all other cryptos but also on the master, the BTC. Let’s see which direction we will take in the coming days but at least, we had really a change of trend these last weeks but for sure we will have also some new corrections in a near future.
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Posted from my blog with
Posted from my blog with SteemPress : https://scrips.io/blog/mr-cryptolemon/%f0%9f%97%9e-daily-crypto-news-march-18th%f0%9f%92%b0/
It’s been a good quarter for LTC: ever since mid December 2018 LTC has been gaining on BTC. But since we know that what goes up must come down; where/when should we sell our LTC?
The current LTC climb is a strong one. I say this because LTC is typified by short, sharp price climbs and long, slow price falls thereafter. The current climb is slow and steady, which leads me to believe that it may be a particularly strong one. (See the CMC chart below):
From https://coinmarketcap.com/currencies/litecoin/
Because this climb is looking particularly strong, it is my suggestion that you sell LTC
We are approaching the decision point for the US dollar. I am here to convince you that “We All Know How This Ends”…
The chart above shows the global reserve currencies dating back for centuries. You can see the PATTERN. ALL of them last between 80-110 years. This is a pattern, a cycle, a powerful market force that happens in this world that VERY LIKELY WILL repeat itself.
With the dollar we are currently sitting at 98 Years. This statistical pattern suggests that the end of the dollar is likely within the next decade. This is very important and truly displays
I was faced with a very difficult decision this past weekend: Buy BTC or don’t buy BTC.
Last month I described a crypto buying process ( “Buy crypto now! – Like this:” ), a process which I believe best suits the current market conditions. Because it is an optimal buying-in strategy, I have been trying hard to stick to it. However, some unfortunate local circumstances have created a sudden urgency in my need to acquire more BTC. Due to my particular financial situation, these circumstances will not apply to you, but what I have learnt from this situation may well assist
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.
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.
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.
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 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.”
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.
Here is the chart of yesterday :
Here is the current chart :
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.
Last Updates
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
Relative strength is something I speak about often and with good reason! When a crypto is acting stronger than the broader market, what do you think will happen when the whole market catches a bid?
Litecoin Not Pulling Back Like The Rest
If you look at the chart in this post you can see the positive price action Litecoin has had in recent months. Higher highs followed by higher lows consecutively.
Over the past week other alt coins that made a run have pulled back, but litecoin has mainly held steady with just a red candle today after a very shallow pullback if
Do yourself a favor and buy some now, seriously. This looks very, very, very Bullish. It’s going higher…
It has been a long time coming, but you can see each day Litecoin continuing to lead this move higher. I mean barring any exchange hack, there is about a 90% chance crypto spikes here IMO. About a month ago I wrote that $50 LTC was pretty much a given with that igniting bar (https://mentormarket.io/cryptocurrencies/heyimsnuffles/i-mentioned-yesterday-ltc-litecoin-will-lead/ ). It has held this ever since and is continuing higher.
There is ZERO reason to be selling crypto right now unless you need to pay for medical service or put food on the table ( and food is questionable) Next target will be $65
