Our friends from CryptoMedics send us this Market Update to share with you. We found it useful and thought you might enjoy! We have mentioned it many times-this markets are heavily influenced by manipulation. Now, the US is even investigating bitcoin price manipulation. Will that change anything? No, we don’t think so. If you want to understand manipulation, please go back to our APRILS NEWSLETTER– we have given you an easy explanation.So, what is going to happen to BTC? Bitcoin is not following any rules when it comes to TA at the moment which indicates manipulation. When it comes to trading we have two major players:
Our latest chili-hot addition to our popular post about Crypto Signals has been CryptoMedics, which we discovered and accompanied in their closed beta. We have been able to observe the process they were going through and have been hopefully helpful testees. Today, they rebranded their magazine, which is usually exclusive distributed to their Premium members. We are allowed to share this great mag with you and it has a very nice gem inside, which we definitely fill our bags with and hold for some time. Very valuable content, if one makes use of it. Beam me up, Scotty!
We are fans of HALO, along with being early investors in this project ourselves, as we really believe in the vision of it. While delays with development progress became a bit out of hand, it might be one of the many cases in Crypto where patience pays. We saw early investors sell the HALO coins at laughable prices OTC, though we think they might be very sad to see the price of it in a few weeks/months. The Main Net shall launch on the 21st of this month and the UX already looks very polished. The past has shown that these dates can be somewhat “flexible” with HALO, but we think this was for the good. Major cleanup work had been done and there is nothing wrong with the aspiration to start through with a fully working product. You can download the Featherlight client for your OS here and get yourself a first impression with the quality of the UX provided: https://www.haloplatform.tech/downloads.html
Biggest blockchain and cryptocurrency event When: May 14- May 16 Where: New York Hosts: New York Economic Development Corporation + Coindesk ____Retroperspective To understand the massive relevance of the Consensus event you have to take a look what impact this event had in the past. After the Consensus in 2017 the whole crypto market saw a massive gain of 26% of the total market cap! Here a few examples:
In order to provide our readers regular crypto news, we partnered up with our friend from Verified Crypto News. They allowed us to share their daily news digest from their Gold Members Channels. Stay ahead of things in Crypto!
Bitcoin and other cryptocurrencies are under threat with several countries moving to ban local and foreign trading of digital money as well as its use in transactions. These seven nations show no signs of letting up when it comes to their implementation of cryptocurrencies as illegal.
Bittrex, a former top exchange that lost many of its traders to more modern platforms like Binance, is finally progressing and just released an open Beta platform. The more simple UI and the current state can be seen on https://beta.bittrex.com/
Due to the popularity of our post about the Ethereum Classic hard fork, we receive email requests on how to claim the hard forked Callisto ($CLO) coins, which you are eligible to get if you hold Ethereum Classic ($ETC) by block 5500000. So here is a summary of all you need to know to get your Callistos.
A few days back we published a piece about the first Litecoin hard fork “LitecoinCash” and, oh boy, we have been grilled for that. Due to the not yet confirmed support of exchanges and existing Litecoin wallets, the LCC team describes a way of claiming the free coins on their website by the use of their wallet – which needs the private key. As one should know, you never put the private key into any other places like website or wallets, and as Crypto is nowadays wild west, the concerns of the community are not baseless. However, as we researched the topic, we found several facts that made us think LitecoinCash is not a scam, but a team of knowledgeable nerds with profound mining experience and some kind of unfortunate marketing issues. While the slightly hysterical reaction by the community is understandable, we think it is important to stay grounded, take a deep breath and sober look at the facts to provide a balanced view – and we think it is just fair to give LitecoinCash a voice to clear the air. So, we sat down with Tanner, the development lead of the Litecoin Cash Team, and asked them all the…
Those of you that bought Litecoin ($LTC) in the dip, might be able to make some attractive returns on that buy. One could think crypto is a kitchen business with all that forks and knives to catch, and now the time has come for a sleeping giant: LTC.There is LitecoinCash to come, which brands themselves as Litecoin Hard Fork, but this is just a marketing ploy due to Charlie Lee. However, this means free coins – and the project sounds pretty promising. Truth to be told, everyone is crying SCAM right now – we think it is just clumsy marketing in combination with an unfortunate distribution of the free coins, by the help of the developed LCC wallet (which will need your private key). Good news for miners: you can search your old Bitcoin SHA256 mining hardware in the cellar and get ready for SHA256 Litecoin with fast transactions and minimal fees.