BTC broke $4.2k resistance and then ran hard up to $5k as shorts closed, stop buys hit, and people jumped in. Alts lagged behind, but all things considered, the market had a nice rally.
CryptoCurrency News from around the World and beyond. This section focuses on what is happening with cryptocurrency now. So that is things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new ICOs, upcoming forks, etc.
No, MyEtherWallet didn’t start don’t KYC for your private keys, and no the Ethereum foundation didn’t lose a bunch of ETH. And, while yes Doge did run today, most of what sounds odd is an April Fools joke.
Here is some advice for people new to cryptocurrency trading and investing here in 2019. Heed these words and avoid some major pitfalls.
If you want to find great plays during alt season, look for trend reversals and coins still under their 200 day EMA.
Bithumb (a popular South Korean exchange) was hacked by insiders. Meanwhile the market barely reacted. When a market doesn’t react to bad news, it is generally bullish.
Coinbase is now paying $10 worth of XLM to take a short course and then offering 4 referral links worth $10 each.
DAI lost its peg by a few pips, and MKR holders keep voting to raise borrowing rates (“stability fee”). The latest jump moved the interest rate up from 3.5% to 7.5%.
Bitwise has come out with an amazingly telling report on the true nature of the crypto markets in terms of volume.
ADA is setup for a breakout with it forming a potential inverted head and shoulders bottom right below the 200 day ema.
The second BTT airdrop for TRX holders occurred on March 11th. It is notably about 1/10th the size of the first airdrop.