βοΈ#BTC
According to 1ML, the number of lightning networks have risen by 126.09% compared to the last 30 days. Consequently, the network capacity is now increased by 198% as well. At the moment, there are 9584 Bitcoin Core nodes and 4081 lightning nodes. Who said bitcoin is dying?
βοΈ#BCH
Who is winning the hashwar?
Noone. At the moment, BCH-ABC is receiving greater support from the miners and companies. On the other hand, BCH-SV is struggling to gain supporters as well as miners. At the time of this writing, BCH-ABC is traded at $230 which means it is more profitable to mine BCH-ABC than BCH-SV. (ff you have read our recent post, BCH miners are struggling to mine BCH-ABC as they are in the big red rather than the green).
Did it affect BTC price?
_Actually, it's extremely hard to determine whether there is a correlation between the news and the price. Do you remember when Wall Street Journal claimed that the SEC could consider ETH as a security? That one killed ETH price. But that's not all. When Bakkt announced the launch of their platform, did the market react positively? No, it did not move the mind of crypto investors.
So, if the news didnβt not affect BTC price then what is the real reason?
The only answer to this is whale dumping. They chose a perfect time to dump BTC so that they can make us think we are in the red because of the hashwar. Otherwise, we can only think of investors who are starting to exit the market because it's no longer profitable.
βοΈ#Amazon
On November 13, 2018, Amazon won two patents in digital signature and distributed storage techniques. After IBM, Mastercard, BOA, Amazon also has started to gradually move into blockchain industry. The recent collaboration with Kaleido has shown the interest of Amazon to provide enterprise with blockchain implementation. The big firms are moving in this space but should we be happy? Maybe. When large firms like Amazon has taken interest in blockchain, more companies will soon follow and look for the alternative of Amazon's BaAS. However, they do not offer decentralisation like many crypto startups. As crypto investors and enthusiast, the only way for you to help this space growing is to start contribute to the projects by any means: writing, using dapps, etc. Remember that we want a decentralised blockchain not centralised.
βοΈ#Ripple
Ripple continues delivering striking news. In a recent announcement by Business Wire, CIMB, one of the largest Malaysia bank has joined Ripple network. By joining RippleNet, Ripple will help CIMB to grow cross border payment business and facilitate access to other members in the network. Currently, CIMB is the second largest financial service provider in Malaysia. They have more 800 branches as of 30th September, 2018. At the moment, the total market capitalisation of CIMB on Bursa Malaysia is RM 56.3 billion (approximately $13.5 billion). With the continuous expansion, Ripple will soon become the largest crypto company.
βοΈ#Japan
According to the latest report by FSA, the number of investors crypto enquiries is declining slowly. Compared to Q2 2018, the number of crypto-related enquiries have dropped from 1602 to 1231 requests. This decline could be due to the fading of blockchain hype. Over the last 2 years, billions of dollar have been raised but most crypto projects havenβt had real use cases or real users which create barrier for new investor, firms, etc to come in. This is a woeful sign. At the time of this writing, Bitcoin just crashed again. More and more people are losing faith and starting to leave the market. Should you panic sell as well? NO! It will create a domino effect which could make the market even worse. Therefore, we recommend you build proper portfolio and know how to manage your risk so you can minimise the loss and maximise the profit.
βοΈ#Switzerland
Recently, one of the largest Swiss stock exchange, SIX approved the listing of multi-crypto based ETP (backed by Amun AG) in the upcoming week. The ETP will be listed under index HODL and it will track major coins: BTC, XRP, ETH, BCH and LTC. Moreover
According to 1ML, the number of lightning networks have risen by 126.09% compared to the last 30 days. Consequently, the network capacity is now increased by 198% as well. At the moment, there are 9584 Bitcoin Core nodes and 4081 lightning nodes. Who said bitcoin is dying?
βοΈ#BCH
Who is winning the hashwar?
Noone. At the moment, BCH-ABC is receiving greater support from the miners and companies. On the other hand, BCH-SV is struggling to gain supporters as well as miners. At the time of this writing, BCH-ABC is traded at $230 which means it is more profitable to mine BCH-ABC than BCH-SV. (ff you have read our recent post, BCH miners are struggling to mine BCH-ABC as they are in the big red rather than the green).
Did it affect BTC price?
_Actually, it's extremely hard to determine whether there is a correlation between the news and the price. Do you remember when Wall Street Journal claimed that the SEC could consider ETH as a security? That one killed ETH price. But that's not all. When Bakkt announced the launch of their platform, did the market react positively? No, it did not move the mind of crypto investors.
So, if the news didnβt not affect BTC price then what is the real reason?
The only answer to this is whale dumping. They chose a perfect time to dump BTC so that they can make us think we are in the red because of the hashwar. Otherwise, we can only think of investors who are starting to exit the market because it's no longer profitable.
βοΈ#Amazon
On November 13, 2018, Amazon won two patents in digital signature and distributed storage techniques. After IBM, Mastercard, BOA, Amazon also has started to gradually move into blockchain industry. The recent collaboration with Kaleido has shown the interest of Amazon to provide enterprise with blockchain implementation. The big firms are moving in this space but should we be happy? Maybe. When large firms like Amazon has taken interest in blockchain, more companies will soon follow and look for the alternative of Amazon's BaAS. However, they do not offer decentralisation like many crypto startups. As crypto investors and enthusiast, the only way for you to help this space growing is to start contribute to the projects by any means: writing, using dapps, etc. Remember that we want a decentralised blockchain not centralised.
βοΈ#Ripple
Ripple continues delivering striking news. In a recent announcement by Business Wire, CIMB, one of the largest Malaysia bank has joined Ripple network. By joining RippleNet, Ripple will help CIMB to grow cross border payment business and facilitate access to other members in the network. Currently, CIMB is the second largest financial service provider in Malaysia. They have more 800 branches as of 30th September, 2018. At the moment, the total market capitalisation of CIMB on Bursa Malaysia is RM 56.3 billion (approximately $13.5 billion). With the continuous expansion, Ripple will soon become the largest crypto company.
βοΈ#Japan
According to the latest report by FSA, the number of investors crypto enquiries is declining slowly. Compared to Q2 2018, the number of crypto-related enquiries have dropped from 1602 to 1231 requests. This decline could be due to the fading of blockchain hype. Over the last 2 years, billions of dollar have been raised but most crypto projects havenβt had real use cases or real users which create barrier for new investor, firms, etc to come in. This is a woeful sign. At the time of this writing, Bitcoin just crashed again. More and more people are losing faith and starting to leave the market. Should you panic sell as well? NO! It will create a domino effect which could make the market even worse. Therefore, we recommend you build proper portfolio and know how to manage your risk so you can minimise the loss and maximise the profit.
βοΈ#Switzerland
Recently, one of the largest Swiss stock exchange, SIX approved the listing of multi-crypto based ETP (backed by Amun AG) in the upcoming week. The ETP will be listed under index HODL and it will track major coins: BTC, XRP, ETH, BCH and LTC. Moreover
Forwarded from WCSE Cornix Zone
WCSE Cornix Zone
#BCHUSDT #Reason for risking short https://www.tradingview.com/x/zRdAhJGk/
π
#BCH
Went great, its approaching strong support level now.πΉπΉ
https://www.tradingview.com/x/2SQvrybO/
#BCH
Went great, its approaching strong support level now.πΉπΉ
https://www.tradingview.com/x/2SQvrybO/
Forwarded from WCSE Premium
#BCH
#update
This is my expectation, if not let your stop loss handle it.
https://www.tradingview.com/x/uiiqDmEw/
#update
This is my expectation, if not let your stop loss handle it.
https://www.tradingview.com/x/uiiqDmEw/
TradingView
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