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Reaching Highs, Buying Crypto, Making Partnerships and 20 Crypto Jokes
This crypto-week, we saw that Bitcoin and Ethereum networks hit a number of all-time highs, they both recovered most of their losses after Black Thursday, and the gap between their fees was narrowed. Anthony Pompliano said he's not a BTC maximalist but that BTC is our one shot to separate money from state. Ripple and SBI are looking to roll out XRP liquidity solution ‘this year’, LibertyX enabled Americans to buy BTC at 7-Eleven, CVS Pharmacy, and Rite Aid, and there were rumours that PayPal is planning to offer buying and selling of cryptocurrencies directly from both PayPal and the PayPal-owned mobile payment app Venmo.
Furthermore, Steve Hanke said that Bitcoin must be tied to a basket of commodities to be a currency, and several economists predicted bitcoin's demise, calling it a ‘fiat’. The Italian Banking Association approved ten criteria for a CBDC, a South Korean government agency will develop software that will trace the movement of cryptocurrencies on the dark web, and Russians are offered a gift card incentive to use blockchain voting platform. Meanwhile, a judge said no to sanctions on Craig Wright and cleared case for a July trial.
This crypto-week, we saw that Bitcoin and Ethereum networks hit a number of all-time highs, they both recovered most of their losses after Black Thursday, and the gap between their fees was narrowed. Anthony Pompliano said he's not a BTC maximalist but that BTC is our one shot to separate money from state. Ripple and SBI are looking to roll out XRP liquidity solution ‘this year’, LibertyX enabled Americans to buy BTC at 7-Eleven, CVS Pharmacy, and Rite Aid, and there were rumours that PayPal is planning to offer buying and selling of cryptocurrencies directly from both PayPal and the PayPal-owned mobile payment app Venmo.
Furthermore, Steve Hanke said that Bitcoin must be tied to a basket of commodities to be a currency, and several economists predicted bitcoin's demise, calling it a ‘fiat’. The Italian Banking Association approved ten criteria for a CBDC, a South Korean government agency will develop software that will trace the movement of cryptocurrencies on the dark web, and Russians are offered a gift card incentive to use blockchain voting platform. Meanwhile, a judge said no to sanctions on Craig Wright and cleared case for a July trial.
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ETH UPDATE 📈
A fast and easy short trade! Printed +52% profit with x10 lev. here, the setup is done. Now we are looking for the next one to follow.
@CryptoWorldTina
A fast and easy short trade! Printed +52% profit with x10 lev. here, the setup is done. Now we are looking for the next one to follow.
@CryptoWorldTina
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14.3% of the circulating #Bitcoin supply (2.6 million $BTC) currently sits on centralized exchange wallets.
The largest holders are Coinbase (954k), Huobi (364k), and Binance (267k).
@CryptoWorldTina
The largest holders are Coinbase (954k), Huobi (364k), and Binance (267k).
@CryptoWorldTina
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KuCoin will launch KuChain Betanet on July 1. According to the blog post KuChain is KuGroup’s public chain project designed to answer the needs of the current decentralized financial sector, which in the future will serve as the Mainnet of KuCoin’s platform token KCS. During July 2020 there will be Bug Bounty program and Proposal Award program for those who would like to test or contribute to the project.
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#XTZ UPDATE
There is a descending trend. It might jump upwards to the 2665 sats resistance in order to form a wave BC or double top. Good point for selling.
@CryptoWorldTina
There is a descending trend. It might jump upwards to the 2665 sats resistance in order to form a wave BC or double top. Good point for selling.
@CryptoWorldTina
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#KNC
KNC re-testing 125-126 resistance. If get above will look good to test 132-136 as well.
@CryptoWorldTina
KNC re-testing 125-126 resistance. If get above will look good to test 132-136 as well.
@CryptoWorldTina
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Major Decentralized Finance protocols exploitations year to date. bZx protocol was attacked twice in February, Maker has lost around $8M in March. Uniswap and DForce were drained of $0.3M and $25M(later returned by the hacker) respectively in April
@CryptoWorldTina
@CryptoWorldTina
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Compound’s COMP Token Takes DeFi by Storm, Now Has to Hold Top Spot
Compound’s COMP token has been wildly successful in the initial period since launching. What’s behind it, and is it sustainable?
@CryptoWorldTina
Compound’s COMP token has been wildly successful in the initial period since launching. What’s behind it, and is it sustainable?
@CryptoWorldTina
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Cointelegraph Hosts Online Meetup to Talk LGBTQ+ and Blockchain
Cointelegraph hosts a discussion on LGBTQ+ and blockchain. Join live at 1 pm EST as LGBTTech and LGBT Foundation co-founders discuss the topic.
Cointelegraph hosts a discussion on LGBTQ+ and blockchain. Join live at 1 pm EST as LGBTTech and LGBT Foundation co-founders discuss the topic.
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Forwarded from Official VIP Group
June 2020 performance: custodial exchange tokens vs non custodial exchange tokens.
@CryptoWorldTina
@CryptoWorldTina
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Chat chart request 📈
ZIL bounced from 0.5 Fib retracement but fail to grow above previous SR at ~203. Might drop back to 175-178.
Remember that coin made 420% progress - retracement is healthy price action after such pump. 0.5 is a good level to finish retracement with bullish mood, but often price continue to fall to 0.382 which is at 150-155 zone.
@CryptoWorldTina #ZIL
ZIL bounced from 0.5 Fib retracement but fail to grow above previous SR at ~203. Might drop back to 175-178.
Remember that coin made 420% progress - retracement is healthy price action after such pump. 0.5 is a good level to finish retracement with bullish mood, but often price continue to fall to 0.382 which is at 150-155 zone.
@CryptoWorldTina #ZIL
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ETH 1W UPDATE 📈
The price is trying to break the descending level and EMA100 at the third time. Chances of breakout are extremely high.
If we see a breakout - we can confidently buy because the target will be $360.
At the moment only observing cause we still can visit $160 area before the flight.
@CryptoWorldTina
The price is trying to break the descending level and EMA100 at the third time. Chances of breakout are extremely high.
If we see a breakout - we can confidently buy because the target will be $360.
At the moment only observing cause we still can visit $160 area before the flight.
@CryptoWorldTina
Forwarded from Official VIP Group
Bitcoin quarterly performance: 2012-2020. Bitcoin has had a positive Q2 once again with +42% during the period. The third quarter is more challenging from historical perspective.
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#SPX 📈
S&P is moving and Bitcoin follows it. Looks short-term bullish, quite possible to reach the target of $3180. However, we still hold no position on $BTC.
@CryptoWorldTina
S&P is moving and Bitcoin follows it. Looks short-term bullish, quite possible to reach the target of $3180. However, we still hold no position on $BTC.
@CryptoWorldTina