New York Rejects Bittrex’s BitLicense Application
New York has rejected Bittrex’s BitLicense application. This means that New Yorkers will no longer be able to trade on the Bittrex exchange. This decision only effects New York state.
News
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Coinbase Pro is Adding EOS (EOS), Augur (REP), and Maker (MKR)
Coinbase Pro is adding EOS (EOS), Augur (REP), and Maker (MKR). EOS and REP are added in all jurisdictions supported by Coinbase Pro, with the exception of New York State. MKR is available in all Coinbase Pro-supported jurisdictions outside the US.
Crypto Search Interest is Way Up and Showing a Correlation With Prices
Crypto search interest and so are prices. Google search interest has been a reliable indicator of crypto sentiment, typically an increase in search interest correlates with an increase in price.
Go BTC!
BTC hasn’t exactly taken us out of the bear market yet, but man is it looking good. This is almost the cleanest breakout we have had the entire bear market since the top.
All Eyes on ETH
ETH is setting up for a potential breakout. All it needs to do is do what so many other coins (LTC, BTC, BCH, and more) have already done.
BTC Breaks Resistance and Runs Hard
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.
Remember it is April Fools
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.
Quick Advice for Crypto Newbies for 2019
Here is some advice for people new to cryptocurrency trading and investing here in 2019. Heed these words and avoid some major pitfalls.
Here is What You Are Looking For During Alt Season
If you want to find great plays during alt season, look for trend reversals and coins still under their 200 day EMA.
Bithumb Hacked, Market Barely Reacts (Bullish)
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.