I just got back from a long fishing vacation to Wyoming for the 4th of July weekend! Thank you for everyone who joined me live on my Youtube stream. there were a ton of great questions asked. I am now back to work on bringing you and everyone who follows me on all social media outlets the best daily crypto world news that I can.
Today in the crypto world news, I found the following:
Ethereum Traders are suing Kracken over a Flash crash that was unassociated with the coinbase flash crash and was casued by a DDOS (denial of service) hack that caused at least 5 traders to have lost $600k.
Bithumb- the largest South Korean Crypto exchange was hacked and many investors lost a lot of value from their accounts. see my previous Steemit post. https://steemit.com/ethereum/@austinsandersco/one-of-the-biggest-ethereum-and-bitcoin-exchanges-got-hacked
Chart updates on the following:
Bitcoin- still in a consolidating Triangle pattern, will problem remain here until August 1st is behind us. then expect a $1000-1500 move.
Ethereum- Struggling to hold any pops, looks like we are in a slightly bearish trend to find support.
Litecoin- Looks to be the strongest chart of the big cryptos, breaking to all time highs and holding these levels to potentially continue to break more highs in the near future. I think this has something to do with people diversifying themselves from bitoin and Ethereum.
Last but not least! I have figured out a way for those locked out of creating an account through Steemit because of password issues, email/ phone already used problem. message me for details and I can help.
Thanks for reading and watching my video below for this information in detail. Cheers