The current situation on the cryptocurrency market characterizes as a correction. The only exception is Ripple, as the growth phase began here.
In terms of technical analysis, falling highs, but the remaining minimums indicate a market consolidation. Thy longer will consolidation, the more powerful the impulse will. At the dominating descending tendency an exit from consolidation it can trade in the lower direction.
Bitcoin Cash
The medium-term dynamics of Bitcoin Cash quotations develops in the uptrend. The short-term picture illustrates the completion of the downward corrective trend after the rebound from the support line. The breakdown of the resistance of the short-term growth channel may allow the quotations to rise to the level of $ 462.60. The support is the formation of the "Golden Cross" in the "oversold" zone on Stochastic. Having overcome level of $462,60, the trend will continue to move to $ 487,00. Without excluding the possibility of another impulse of decline, it is worth considering the possibility of a breakdown of the local support level at $ 437.90. Having broken it, quotes will be able to test the basic support near the $ 425.55. A confirmation of this will be a decrease in MACD lines for a zero level...https://en.bit.news/altcoins-price-analysis-every-rule-exception/
Topic: Altcoins Price Analysis, News ...Altcoin IOST. (Read 205 times)
What Is Cryptocurrency Fork
There are two types of cryptocurrency forks: hardsoft and softfork.
Hardfork
HardFork is a discrepancy with the current version of the blockchain with nodes on the new blockchain, not interacting with the old chain and not recognizing its nodes or transactions. Hardforks are significant changes that lead to the creation of a new blockchain when transactions are incompatible between versions. That is, the transactions of the old blockchain are not recognized as new, and vice versa. Nodes that continue to use the old version of the software will consider the new transactions as invalid. To run active blocks in a new blockchain, all nodes of this network must be updated to new rules.
Softfork
Instead, the softfork is considered "backwards compatible" in the sense that old transactions can be recognized with new nodes. Unlike hardfork, the uninitiated nodes will still consider the new transactions to be valid. However, if the non-renewed nodes continue to mine blocks, then such units will be rejected by the updated nodes. Therefore, softfork require the majority of network hash power to succeed. If the softfork is supported only by a minority hash power, it can become the shortest chain and lose network protection (orphaned)...https://en.bit.news/what-is-cryptocurrency-fork/
There are two types of cryptocurrency forks: hardsoft and softfork.
Hardfork
HardFork is a discrepancy with the current version of the blockchain with nodes on the new blockchain, not interacting with the old chain and not recognizing its nodes or transactions. Hardforks are significant changes that lead to the creation of a new blockchain when transactions are incompatible between versions. That is, the transactions of the old blockchain are not recognized as new, and vice versa. Nodes that continue to use the old version of the software will consider the new transactions as invalid. To run active blocks in a new blockchain, all nodes of this network must be updated to new rules.
Softfork
Instead, the softfork is considered "backwards compatible" in the sense that old transactions can be recognized with new nodes. Unlike hardfork, the uninitiated nodes will still consider the new transactions to be valid. However, if the non-renewed nodes continue to mine blocks, then such units will be rejected by the updated nodes. Therefore, softfork require the majority of network hash power to succeed. If the softfork is supported only by a minority hash power, it can become the shortest chain and lose network protection (orphaned)...https://en.bit.news/what-is-cryptocurrency-fork/
Altcoins Price Analysis: Traders Are Waiting On Growth
Recently capitalization of the cryptocurrency market continues decrease, and among most of its participants disturbing moods amplify. What to expect from popular coins in the near future?
Ethereum
Considering the technical picture of Ethereum on a four-hour chart, we see a trend of decline in a stable corridor. But the observed convergence can talk about a possible pullback to the resistance line - a level of $ 500. After reaching and testing such an important and strong level, it is necessary to expect the development of a new downward trend pulse to the support line at the $ 350. Another option for the development of a short-term situation may be the continuation of the "outset". Its boundaries can be resistance levels - $ 500, and support - $ 420...https://en.bit.news/altcoins-price-analysis-traders-waiting-growth/
Recently capitalization of the cryptocurrency market continues decrease, and among most of its participants disturbing moods amplify. What to expect from popular coins in the near future?
Ethereum
Considering the technical picture of Ethereum on a four-hour chart, we see a trend of decline in a stable corridor. But the observed convergence can talk about a possible pullback to the resistance line - a level of $ 500. After reaching and testing such an important and strong level, it is necessary to expect the development of a new downward trend pulse to the support line at the $ 350. Another option for the development of a short-term situation may be the continuation of the "outset". Its boundaries can be resistance levels - $ 500, and support - $ 420...https://en.bit.news/altcoins-price-analysis-traders-waiting-growth/
Why Ripple Representatives Believe That Coinbase Should Add Support Of XRP
XRP is the third most expensive cryptocurrency in the world, that in recent months started rumors that the American crypto exchange Coinbase will begin trading these tokens. While this is just a conversation, on June 22, the head of Ripple Brad Garlinghouse for the first time publicly spoke on why the exchange should take a positive decision.
Now Coinbase allows customers to trade such crypto actives as Bitcoins, Ethereum, Litecoinand Bitcoin Cash, and is going to add Ethereum Classic soon, according last week announcement. However, at its website there is still no XRP - a token with market capitalization of $ 21 billion. According to rumors, Ripple, owning more than half of the XRP tokens, tried to pay Coinbase $ 1 million for inclusion of the coin in the listing.
Ripple sells its blockchain solution to financial institutions around the world. Some of them using XRP increase the speed and reduce the cost of cross-border payments. Representatives of the company believe that the price of XRP is likely to grow in proportion to the popularity of this token in the banking...https://en.bit.news/ripple-representatives-believe-coinbase-add-support-xrp/
XRP is the third most expensive cryptocurrency in the world, that in recent months started rumors that the American crypto exchange Coinbase will begin trading these tokens. While this is just a conversation, on June 22, the head of Ripple Brad Garlinghouse for the first time publicly spoke on why the exchange should take a positive decision.
Now Coinbase allows customers to trade such crypto actives as Bitcoins, Ethereum, Litecoinand Bitcoin Cash, and is going to add Ethereum Classic soon, according last week announcement. However, at its website there is still no XRP - a token with market capitalization of $ 21 billion. According to rumors, Ripple, owning more than half of the XRP tokens, tried to pay Coinbase $ 1 million for inclusion of the coin in the listing.
Ripple sells its blockchain solution to financial institutions around the world. Some of them using XRP increase the speed and reduce the cost of cross-border payments. Representatives of the company believe that the price of XRP is likely to grow in proportion to the popularity of this token in the banking...https://en.bit.news/ripple-representatives-believe-coinbase-add-support-xrp/
Altcoins Price Analysis: Market Capitalization Squeezing
Over the last week, cryptocurrency market capitalization ohas decreased by approximately 20% - from $ 350 to $ 279 billion. In turn, the price of bitcoin on June 9 began a strong downward movement, reaching subsequently marks below $ 6300.
At the press time, the weighted average price of "digital gold" is around $ 6500. This decline is probably due to two fundamental factors that occurred last week:
U.S. Futures Trading Commission requested data on transactions from major cryptocurrency exchanges;
hacker attack on the Coinrail exchange...https://en.bit.news/altcoins-price-analysis-market-capitalization-squeezing/
Ethereum
The price consolidated below the uptrend line of the trend, as well as the support level of $ 507.80. So it is possible to claim about considerable strengthening of a downtrend which following purpose will be a range of $422.57 – $360.85.
Over the last week, cryptocurrency market capitalization ohas decreased by approximately 20% - from $ 350 to $ 279 billion. In turn, the price of bitcoin on June 9 began a strong downward movement, reaching subsequently marks below $ 6300.
At the press time, the weighted average price of "digital gold" is around $ 6500. This decline is probably due to two fundamental factors that occurred last week:
U.S. Futures Trading Commission requested data on transactions from major cryptocurrency exchanges;
hacker attack on the Coinrail exchange...https://en.bit.news/altcoins-price-analysis-market-capitalization-squeezing/
Ethereum
The price consolidated below the uptrend line of the trend, as well as the support level of $ 507.80. So it is possible to claim about considerable strengthening of a downtrend which following purpose will be a range of $422.57 – $360.85.
Altcoins Price Analysis: Moderate Growth Of Capitalization
Against the background of economic tension because of trade wars between the USA and the rest of the world the cryptocurrency market continues to increase its capitalization.
The next week will be rich in events and conferences, where young blockchain developers will introduce the community to their ideas and prospects for the development of the industry as a whole.
The main event that will certainly affect the cryptocurrency market, in our opinion, is the signing by President Donald Trump of the law on increasing import duties on a number of goods in relation to the countries of Europe, Canada and Mexico. The world enters the period of trade wars...https://en.bit.news/altcoins-price-analysis-moderate-growth-capitalization/
Ethereum
ETH/USD completed the consolidation period within wave 2 and continued to move in an uptrend, the primary target of which is the $ 983. The downtrend is improbable. Only overcoming the level of $ 480 will allow the bears to dominate the market.
Against the background of economic tension because of trade wars between the USA and the rest of the world the cryptocurrency market continues to increase its capitalization.
The next week will be rich in events and conferences, where young blockchain developers will introduce the community to their ideas and prospects for the development of the industry as a whole.
The main event that will certainly affect the cryptocurrency market, in our opinion, is the signing by President Donald Trump of the law on increasing import duties on a number of goods in relation to the countries of Europe, Canada and Mexico. The world enters the period of trade wars...https://en.bit.news/altcoins-price-analysis-moderate-growth-capitalization/
Ethereum
ETH/USD completed the consolidation period within wave 2 and continued to move in an uptrend, the primary target of which is the $ 983. The downtrend is improbable. Only overcoming the level of $ 480 will allow the bears to dominate the market.
I'm glad that finally the listing on BINANCE gave a very good price growth for the project. Moreover, I was very surprised that the price did not fall and continued to grow further, I update my maximum value. This is one of the indicators that the market has again become very active!
TRON Launched In Beta Its Own Network
On May 31, developers of Tron launched the beta version of the main network. The tenth in the rate of cryptocurrency market capitalization ($ 4 billion) is leaving the Ethereum network for its own public blockchain called Odyssey 2.0.
Before the network starts a full life, developers will be engaged in setting up wallets and browsers.
"The conversion of the Tron protocol to the core network will make it easier for developers to separate from Ethereum and will open new doors to the scalability, commercialization and accelerated access required to develop global, decentralized applications," said Justin Sun, co-founder of Tron...https://en.bit.news/tron-launched-beta-network/
On May 31, developers of Tron launched the beta version of the main network. The tenth in the rate of cryptocurrency market capitalization ($ 4 billion) is leaving the Ethereum network for its own public blockchain called Odyssey 2.0.
Before the network starts a full life, developers will be engaged in setting up wallets and browsers.
"The conversion of the Tron protocol to the core network will make it easier for developers to separate from Ethereum and will open new doors to the scalability, commercialization and accelerated access required to develop global, decentralized applications," said Justin Sun, co-founder of Tron...https://en.bit.news/tron-launched-beta-network/
A Critical Vulnerability Was Found In EOS Network
A critical vulnerability in EOS blockchain can allow attackers to remotely execute arbitrary code on network nodes to control them. This is reported by the traditional news provider from China cnLedger with reference to the developer of the antivirus 360.
Chinese Internet security giant 360 has found "a series of epic vulnerabilities" in the #EOS platform. Some of the bugs allow arbitrary code to be executed remotely on EOS nodes and even taking full control of the nodes.
As, the representatives of the Chinese company have already allegedly warned the EOS team.
According to their Weibo (Chinese Twitter), 360 reported the bugs to the EOS team. "The person in charge of the EOS network said that the EOS network will not be officially launched until these issues are fixed."
Chinese company also called on cybersecurity experts to research blockchain projects more thoroughly, since in the future vulnerabilities could be found in other cryptocurrencies...https://en.bit.news/critical-vulnerability-found-eos-network/
A critical vulnerability in EOS blockchain can allow attackers to remotely execute arbitrary code on network nodes to control them. This is reported by the traditional news provider from China cnLedger with reference to the developer of the antivirus 360.
Chinese Internet security giant 360 has found "a series of epic vulnerabilities" in the #EOS platform. Some of the bugs allow arbitrary code to be executed remotely on EOS nodes and even taking full control of the nodes.
As, the representatives of the Chinese company have already allegedly warned the EOS team.
According to their Weibo (Chinese Twitter), 360 reported the bugs to the EOS team. "The person in charge of the EOS network said that the EOS network will not be officially launched until these issues are fixed."
Chinese company also called on cybersecurity experts to research blockchain projects more thoroughly, since in the future vulnerabilities could be found in other cryptocurrencies...https://en.bit.news/critical-vulnerability-found-eos-network/
Altcoins Price Analysis: It Is Correction Despite Consensus 2018
Now there are many news that have impact on all cryptocurrencies market. From 14 to 16 May in New York is holding Consensus 2018, organized by the popular media CoinDesk. This conference is the most important event for the whole industry, as it discusses the most pressing and important issues from the world of blockchain and cryptocurrency.
It is the forth Consensus with 4,500 participants and more than 250 well-known speakers. Traditionally, the event has a significant impact on the cryptocurrency market. Perhaps this year will not be an exception, and Consensus 2018 will give positive signals for the market.
The second sign moment for the cryptoindustry it is possible to call statements of large participants of the traditional financial market for plans for integration into the world of cryptocurrencies. So, last week the operator of the New York Stock Exchange (NYSE) — Intercontinental Exchange (ICE) — has started development of the online platform for bitcoin trading...https://en.bit.news/altcoins-price-analysis-it-is-correction-despite-consensus-2018/
Ethereum
ETH/USD consolidates above EMA 200 that speaks about strengthening of bull moods in the market.
Now there are many news that have impact on all cryptocurrencies market. From 14 to 16 May in New York is holding Consensus 2018, organized by the popular media CoinDesk. This conference is the most important event for the whole industry, as it discusses the most pressing and important issues from the world of blockchain and cryptocurrency.
It is the forth Consensus with 4,500 participants and more than 250 well-known speakers. Traditionally, the event has a significant impact on the cryptocurrency market. Perhaps this year will not be an exception, and Consensus 2018 will give positive signals for the market.
The second sign moment for the cryptoindustry it is possible to call statements of large participants of the traditional financial market for plans for integration into the world of cryptocurrencies. So, last week the operator of the New York Stock Exchange (NYSE) — Intercontinental Exchange (ICE) — has started development of the online platform for bitcoin trading...https://en.bit.news/altcoins-price-analysis-it-is-correction-despite-consensus-2018/
Ethereum
ETH/USD consolidates above EMA 200 that speaks about strengthening of bull moods in the market.
Since that time, when my first post was written, the IOST token grew by more than 250% showing maximum values around 0.09305 against the US dollar. Also, this altcoin grew well concerning to bitcoin and Ethereum, and respectively it showed an increase of 37% and 24%. I think that we will see an increase in the price of at least 300-400% by September.
Altcoins Price Analysis: Positive Affect
Last week there were milestone events for a leader of the cryptocurrency market — bitcoin which positively affected on all crytpocurrency industry.
On April 26, miners mined 17-millionth bitcoin. The first cryptocurrency issue is limited to 21 million coins, respectively, the miners left to mine about 19% of the total number of BTCs or four million coins. This fact reminded investors of the scarce nature of bitcoin, which significantly affects its investment attractiveness.
Also last week CBOE and CME had record trading volumes of bitcoin futures. The number of transactions at CBOE exceeded three times the average daily rate, and on the Chicago Mercantile Exchange, the number of transactions with bitcoin futures doubled. These volumes are close to the December values, which indicates the return of interest of institutional investors to bitcoin.+
As for Ethereum, after implementation of Casper update, Vitalik Buterin announced on his Twitter launch of sharding. The developers of Ethereum are sure that this technology is the best option for scaling the network of this cryptocurrency...https://en.bit.news/altcoins-price-analysis-positive-affect/
Ethereum
According to daily chart the price reached the level of 61.8% Fib from the previous downward movement.
Last week there were milestone events for a leader of the cryptocurrency market — bitcoin which positively affected on all crytpocurrency industry.
On April 26, miners mined 17-millionth bitcoin. The first cryptocurrency issue is limited to 21 million coins, respectively, the miners left to mine about 19% of the total number of BTCs or four million coins. This fact reminded investors of the scarce nature of bitcoin, which significantly affects its investment attractiveness.
Also last week CBOE and CME had record trading volumes of bitcoin futures. The number of transactions at CBOE exceeded three times the average daily rate, and on the Chicago Mercantile Exchange, the number of transactions with bitcoin futures doubled. These volumes are close to the December values, which indicates the return of interest of institutional investors to bitcoin.+
As for Ethereum, after implementation of Casper update, Vitalik Buterin announced on his Twitter launch of sharding. The developers of Ethereum are sure that this technology is the best option for scaling the network of this cryptocurrency...https://en.bit.news/altcoins-price-analysis-positive-affect/
Ethereum
According to daily chart the price reached the level of 61.8% Fib from the previous downward movement.
IOST is currently trading on 4 out of 5 top exchanges, the only one missing is Upbit, so you make a guess
1. Binance - yes IOST is trading
2. Houbi - yes IOST is trading
3. OKEx - yes IOST is trading
4. Upbit - Not listed
5. Bitfinex - yes IOST is trading
Only Upbit is missing which could come anytime soon and koreans there pump cheap coins to 200% proof is STORM. Given the marketcap and supply of IOST, 200% is very possible
Yes, I think 200% is in the next 10 days. Since then, when the note was written, and for today IOST has grown almost 100%. The price was around 0,028-0,03, and it was 0,0557 two days ago. It's an excellent indicator this coin, and the fact that it's trading on 4 of the 5 main exchanges also can tell a lot.
I have also already started looking into their project line. The roadmap looks pretty awesome and they will be one of the coins which can be easily swapped with other crypto currencies too. They have that agenda in start of 2019 but the pace at which they are developing everything is pretty good.
Off course they have already surpassed the scale up issues and thus making the transaction even faster, limitless as compared to major coins like BTC and ETH. I am no expert in the speculation but my guess is that it should be above couple of dollars once they hit the December 2018 for all their acceptance and positive reviews.
Off course they have already surpassed the scale up issues and thus making the transaction even faster, limitless as compared to major coins like BTC and ETH. I am no expert in the speculation but my guess is that it should be above couple of dollars once they hit the December 2018 for all their acceptance and positive reviews.
Altcoins Price Analysis: Upside Momentum Is Ended
The period of the quarterly reports of the largest world corporations is ended. The moving of the capitals to the cryptocurrency market connected with this event has designated a new growth cycle.
On the cryptocurrency market there is a general recovery, which reflectes both in the dynamics of prices, and in the volumes of trades and transactions. This creates, in general, a favorable environment for investors.
However, there is another reason for the growth, which is not so positive. First of all, this is a geopolitical instability in the world, which forces large institutional investors to look for alternative sources of investment, among which the cryptocurrencies are one of the leading places.
Ethereum
Ethereum lost the upward momentum and entered the stage of short-term correction of A-B-C, that has a target in the area of $ 500-550. Within the wave analysis the end of correction will serve as the beginning of a the third wave of the upward cycle. Breakdown of $ 720 level will indicate a steady growth within this wave...https://en.bit.news/altcoins-price-analysis-upside-momentum-ended/
The period of the quarterly reports of the largest world corporations is ended. The moving of the capitals to the cryptocurrency market connected with this event has designated a new growth cycle.
On the cryptocurrency market there is a general recovery, which reflectes both in the dynamics of prices, and in the volumes of trades and transactions. This creates, in general, a favorable environment for investors.
However, there is another reason for the growth, which is not so positive. First of all, this is a geopolitical instability in the world, which forces large institutional investors to look for alternative sources of investment, among which the cryptocurrencies are one of the leading places.
Ethereum
Ethereum lost the upward momentum and entered the stage of short-term correction of A-B-C, that has a target in the area of $ 500-550. Within the wave analysis the end of correction will serve as the beginning of a the third wave of the upward cycle. Breakdown of $ 720 level will indicate a steady growth within this wave...https://en.bit.news/altcoins-price-analysis-upside-momentum-ended/
It's a kind of new altcoin, but already it has approved itself well, it's listing on one of the largest exchanges such as Binance, Huobi, OКEx. It's trading in pairs with Ether, BTC, USDT. Currently, the price of IOST is growing comparable to all major cryptocurrencies. According to the roadmap, the of IOST would be high developed at the end of 2018 and the beginning of 2019.
What do you think about this coin, and what forecasts do you have for it?
IOST is currently trading on 4 out of 5 top exchanges, the only one missing is Upbit, so you make a guessWhat do you think about this coin, and what forecasts do you have for it?
1. Binance - yes IOST is trading
2. Houbi - yes IOST is trading
3. OKEx - yes IOST is trading
4. Upbit - Not listed
5. Bitfinex - yes IOST is trading
Only Upbit is missing which could come anytime soon and koreans there pump cheap coins to 200% proof is STORM. Given the marketcap and supply of IOST, 200% is very possible
It's a kind of new altcoin, but already it has approved itself well, it's listing on one of the largest exchanges such as Binance, Huobi, OКEx. It's trading in pairs with Ether, BTC, USDT. Currently, the price of IOST is growing comparable to all major cryptocurrencies. According to the roadmap, the of IOST would be high developed at the end of 2018 and the beginning of 2019.
What do you think about this coin, and what forecasts do you have for it?
What do you think about this coin, and what forecasts do you have for it?
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