Altcoin Ninjas Weekly Report, 5-21-18 through 5-27-18.
Greetings Ninjas,
Can you feel the power of the crypto economy growing?
We are now to the point where each day is filled with important developments across the globe as the market begins to find it’s direction and mature. In turn, the Ninja Team grows stronger and remains increasingly vigilant in their operations to gather information and signal the best trades. This is only the beginning of our journey in making gains!
Coin Giveaways
This week we had two special coin giveaways for our ninjas. These limited giveaways are secured uniquely for the Altcoin Ninjas on our discord server and are a great opportunity for us to get free coins simply by engaging in forums and joining social media groups. You can consider it a valuable reward for doing a small ninja mission.
Current Giveaway Coins:
- Ducat Coin (DC), a hybrid of Masternode and PoS which is stylized and based off an ancient currency of the middle ages, the Ducat. They have an active community and a great looking coin which will soon be listed on the decentralized exchange CryptoBridge.> **Altcoin Ninjas already grabbed all the potential free coins from this giveaway.
- MAZE Coin, a 6 tiered masternode coin focused on extremely low transaction fees and creating an ecosystem of efficient anonymous transfers that are sustainable and environmentally friendly. MAZE is going to be listed on 5-28 to the Graviex exchange.
Our discord channel has a lot of unique opportunities for you to earn free coins and interact with the Ninja community through our giveaways, monthly pick challenges and our fantasy crypto game. If you are new to crypto trading, or just want to compete, you can learn to trade risk free with a virtual crypto portfolio in our fantasy crypto game. If you can become the top gainer in a round you will be rewarded by the ninja masters with real Crypto. Come to learn, show your skill and reap the rewards.
Crypto Market Week in Review
What a week it was for the crypto market! After the period of uncertainty following the potentially overhyped New York based Consensus the whole market seems to have broken away from it’s highs of late April and early May and established a bearish pattern around 5% above the April 10th price. Many new to the game have been left uneasy after watching these past 47 days bring the lure of a bull market run as BTC rose to $10,000 only to see a return back to a $7,200 price level. Yet a more conscious and informed analysis of the market is not deeply perturbed by this downward swing as it reflects a natural tendency for the crypto economy at this stage of it’s growth. The impulse of winter 2017 was only a signal to the world for us to put our attention towards crypto and we have now settled into a period of stability not seen since october of last year. It is still accumulation time. The facts are that the big institutional and mainstreet investors are not even in the game yet! No matter what altcoin is launching a main net this month, or establishing some partnership with a tech company, the entrance of these investors into the market is both required and will become the capital injection powering the growth and adoption of crypto into the mainstream. These investors are waiting on the sidelines as they struggle to make sense of how they can best profit from this disruptive viral innovation of finance. Being more deeply concerned with potentials of risk than an early investor there are many signs which these groups wait for before coming to the table. Yet when you have the bank of england hosting seminars discussing the role of cryptocurrencies as the next stage of finance we know that the lure of benefits and possibilities from this financial technology innovation can no longer be ignored. The crypto market cap will rise.
Signaling Regulation and Discovering Vulnerabilities = Good
The week started off with the beginning signs of hope for a comfortable entrance of institutional money into crypto. Throughout the remainder of the week we were shown many exemplifications of the uncertainties and unknowns currently facing the crypto economy. A blessing in disguise for us to witness the challenges that exist within crypto becoming so quickly addressed and identified. With BTC hovering around $7,200, and it’s strong control over the alts, many are feeling the power a retracement has in bringing them to reflect on their overall strategy.
Out of North America we finally saw a real movement of regulators beginning to put their attention towards the crypto economy. The North American Securities Administrators Association (NASAA), which presents itself as the oldest international organization dedicated to investor protections, released the details of its “Operation CryptoSweep”, a collaboration between US and Canadian entities for the investigation into potential crypto market manipulation groups, along with false ICOs and other crypto industry scams. The organization indicated that these actions were “just the tip of the iceberg” which indicates quite clearly that we should be ready to observe these player’s next move. Many countries across the earth are adopting unique policies for engaging with cryptocurrencies yet also we see regulations are changing as fast as they are created, indicating an atmosphere where regulators are desiring to provide protection whilst not stifling innovation yet still being unsure about what they are dealing with. Everyone has been eagerly waiting to see what policies are adopted in North America.
Regardless of which coin is performing well from one day to the next the Ninja Signals team will be deep at work deciphering the intricacies of the market. Get ready for another exciting week in the world of crypto! There is a lot to be expected. If you are interested stop by our discord sometime and let's talk about making gains!
HDP "Sensai" - Altcoin Ninjas
✅ @altcoinninjas, I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!
Please also take a moment to read this post regarding bad behavior on Steemit.
The bit about the bank of England was very eye opening. Thank you!
I follow you and resteem yours. :)
Nice, good post!
Awesome read, thank you ninjas!