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? Daily Crypto News, February, 26th?

February 26, 2019 (updated February 26, 2019) Published by
  • Constantinople, For Real This Time ;
  • Coinbase Exchange Users Can Buy and Sell XRP Starting Tomorrow ;
  • Long-Term Bitcoin Price Indicator Turns Bearish, Suggesting Bottom May Be In ;
  • Bitfinex Recovers $106,000 of Stolen BTC With US Government Help ;
  • NFTs Are Here. But Where Are They Headed? ;
  • ? Daily Crypto Calendar, February, 26th ?
  • STEEM Trading Update

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

? Constantinople, For Real This Time

The much-anticipated Ethereum hard fork known as Constantinople is set to be implemented at block number 7,280,000, which developers have predicted will take place on Thursday, February 28. Of course, the exact timing of activation depends on block times between now and then, meaning the upgrade could happen one to two days before or after this Thursday.

Constantinople was initially set to activate last month, but a security vulnerability in EIP 1283, one of the originally included improvement proposals, delayed the upgrade’s implementation. Core developers decided to remove the faulty EIP and push the hard fork back to block number 7,280,000.

? Coinbase Exchange Users Can Buy and Sell XRP Starting Tomorrow

Crypto exchange Coinbase is launching support for XRP, the third-largest cryptocurrency by market capitalization.

The exchange announced Monday it would be listing XRP on its professional trading platform, Coinbase Pro, in “transfer-only” mode, meaning customers can only deposit tokens to begin with. After a minimum of 12 hours, the company plans to activate other trading services, though this timeline is variable.

Initially, Coinbase Pro customers in the U.S. (excluding New York state), the UK, some EU nations, Canada, Singapore and Australia will be able to access XRP, with support for other jurisdictions possibly being added in the future.

? Japanese Multinational Holding SoftBank Announces Blockchain ID Working Group

Japanese multinational holding conglomerate SoftBank Corp. and American telecoms-focused blockchain firm TBCASoft are to lead a new blockchain-based digital identification study group under the canopy of the Carrier Blockchain Study Group (CBSG). The development was announced in a SoftBank press release on Feb. 26.

As previously reported, CBSG — a global blockchain consortium of telecom carriers — was founded in September 2017, in a bid to push greater adoption of the technology in the industry. Alongside Softbank and TBCASoft, the organization counts Taiwan-based telecoms carrier Far EasTone and U.S.-based telecoms firm Sprint as founding members.

? Bitfinex Recovers $106,000 of Stolen BTC With US Government Help

Bitfinex has recovered 27.7 bitcoin stolen by hackers in August 2016, the company said on Monday. The coins, worth around $106,000 at the time of writing, represent only a small fraction of the total BTC stolen. U.S. federal law enforcement agencies recovered the bitcoin and returned it to the cryptocurrency exchange.

Over two years following the hack of the Bitfinex platform, today we see the results of a clear and robust response strategy and the efforts of the U.S. government. It gives us great pleasure to be able to reimburse our traders that were loyal to us and believed in us at a very difficult time. We would like to thank U.S. federal law enforcement agencies for their ongoing efforts to investigate the security breach and their commitment to seizing and returning stolen assets.

? NFTs Are Here. But Where Are They Headed?

There was something both fresh and familiar about the NFT.NYC conference that non-fungible token developer PeopleBrowsr put on at the PlayStation Theater in Times Square last week.

It felt like some of the early bitcoin conferences: A little scrappy and rough around the edges, some wild ideas that ranged from practical to pie-in-the-sky, but in all exuding a great deal of enthusiasm for a novel blockchain technology that could spawn a variety of new business and philanthropic models.

It remains to be seen whether NFTs can get beyond the gimmick status they occupied in popular imagination since Dapper Labs launched CryptoKitties, the popular game that creates unique, collectible, breedable digital cats. There are questions about scalability and interoperability associated with ERC-721, the dominant, Ethereum-based NFT standard, and on whether the world will embrace outside-the-box ideas for redefining value, property and commerce.

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? Daily Crypto Calendar, February, 26th?

  • FintruX Network (FTX)

“A live video AMA with the FintruX team is quickly approaching on 26th February!”

  • Ethereum (ETH)

“The second version of Constantinople will not actually hit the network until February 27th.”

  • Bitcoin (BTC)

New deadline set by SEC to further review the rule change proposals to list a Bitcoin ETF.

  • Stellar (XLM)

Testnet Release

  • SNexus (NXS)

Dev team hosts weekly update on current status developments, including the Tritium mainnet and satellite launch.

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

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Here is the current chart :

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With this kind of chart, it is obvious that my lines are well selected and used by the market. Look how the STEEM went touch exactly the support line at 0.31$ and how the bounce has been created by the support line. The chart is confirming exactly my scenario. So now let’s see, that bounce is perhaps just a pause before the next drop but the DROP could also be invalidated if the UP is continuing. The coming hours will be very important.

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Litecoin Chart Looking Better Than Most

February 26, 2019 Published by

Have to give it to litecoin (LTC), its price performance is definitely showing strength relative to the market.
Importance of Relative Strength
I talked about this a bunch sometime back, it was a period of time when Ethereum was showing relative strength compared to bitcoin and crypto on a whole.
Sure enough, when the market had it’s next push higher ethereum was one of the best performers.
As I sit here present day I wonder if the same fate is in play for litecoin.  Granted, we need the market to gives us a move higher to find out, but litecoin is certainly setup to

Bitcoin Technical Analysis: Continuation of the Bear Market or Bear Trap?

February 25, 2019 Published by

Yesterday Bitcoin tried breaking above the $4,120 resistance on Coinbase. While price was able to briefly wick above, it was unable to decisively penetrate. The bears quickly pushed it back below $4,000. Even though we watched price drop nearly $400 in 4 hours, volume remains relatively strong in comparison to just 2 weeks ago. In…
Read on Trybe

Bitcoin Technical Analysis: Continuation of the Bear Market or Bear Trap?

February 25, 2019 Published by

Yesterday Bitcoin tried breaking above the $4,120 resistance on Coinbase. While price was able to briefly wick above, it was unable to decisively penetrate. The bears quickly pushed it back below $4,000. Even though we watched price drop nearly $400 in 4 hours, volume remains relatively strong in comparison to just 2 weeks ago. In fact, we’ve seen the highest daily volume in at least 9 months over this past week.

Looking at the daily chart, we can see price found support right on top of the 21 day EMA.

In today’s video analysis I discuss if this latest drop looks more

Blockchains for Banks – Looking ahead

February 24, 2019 Published by

By now the crypto-savvy should all be aware that JP Morgan did not launch a cryptocurrency, it launched a private blockchain for its own use.

As I mentioned in the link: that was not at all surprising. What’s more, it won’t be the last such blockchain. Regardless of the dismay that Ripple fans will feel, big banks truly don’t care about crypto and would rather use their own blockchains (which they have total control of) than piggyback on somebody else’s solution.

What does this mean for crypto? Is it obsolete before it even gets off the ground?

Don’t worry. I have a

Crypto Down – After My Last Post Are You Really Surprised?

February 24, 2019 Published by

Yesterday I talked about how the rally cries throughout the crypto space had one underlying issue – bitcoin had not broken out.  It was at resistance and if it didn’t push through then hopes of a continued move were nill.
A Quick Turnaround
Less than 24 hours later we got our answer with a big fat red candle as bitcoin got smacked down by resistance in that 4100-4200 area as seen in the chart.
Just about all the other coins followed and are even trading below their prior highs that they broke above, i.e, LTC and EOS to name a couple.
Next Steps
We definitely

Cyrpto Rally Cries While Lead Dog Yet to Break Out

February 24, 2019 Published by

The past week or so in crypto has pumped some life back into the space.  The “animal spirits” as investors say are alive and kicking.
The question is will we see any follow through?
Several coins have broken out above their prior highs.  Example are LTC and EOS among others, however there is still a key ingredient missing.
The Ingredient is Bitcoin
I know, I know that bitcoin doesn’t carry the weight in our minds it once did.  However, to any new crypto investor and the market sentiment on a whole Bitcoin still represents crypto and as Bitcoin goes the crypto market, for the

BITCOIN: Resuming the Rise

February 23, 2019 Published by

Today there are 5 Billion USD more inside the Total Market Cap and 24h Volume of BITCOIN increasing to the 8.5b$, as a result, everything in GREEN again!

Is not that beauty?

Right Now BITCOIN is fighting in order to cross one known resistance. It is an important test, not crucial but important indeed.

In my opinion, I doubt BITCOIN is going to be able to cross this resistance line (Secondary) in this current rise. Mainly, because I think everybody can clearly identify this seems to be the completion of the 5th wave up and being the 1st wave so strong and the

Bitcoin and EOS Analysis: QUICK UPDATE

February 21, 2019 Published by

Bitcoin has been unable to break above the $4,000 resistance (Coinbase). Volume ’s dropped off slightly, which was expected. Price is currently trading round $3,900. it looks like we may see one more attempt to breach $4,000. If that fails, I’m expecting a drop back at least $3,800. EOS has been impressive these past few…
Read on Trybe

Bitcoin and EOS Analysis: QUICK UPDATE

February 21, 2019 Published by

Bitcoin has been unable to break above the $4,000 resistance (Coinbase). Volume ’s dropped off slightly, which was expected. Price is currently trading round $3,900. it looks like we may see one more attempt to breach $4,000. If that fails, I’m expecting a drop back at least $3,800.

EOS has been impressive these past few days. Bulls attempted to decisively break above $4.00, but the bears have fought them off so far. I’m expecting another attempt to break above $4.00. If that fails, we could see a drop to at least $3.60.

In today’s video analysis I discuss, where prices may be

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