📰 18/7/2018 +10% for BTC: $7400; cryptocurrency market increased by $20 billion USD; Binance has completed BNB burn; blockchain/crypto news by ICO Telegraph

in #bitcoin6 years ago (edited)

The Moon today is in a Waxing Crescent Phase.

🕑 6 min read


What did we collect for you today:

  • Cryptocurrency market increased by $20 billion USD;
  • Binance completed the BNB’s token burn;
  • Exchanges/listing/ICO news: new tokens, announcements;
  • And more related information.

📌 "Not bad!": Bitcoin at $7 400

There was a strong growth momentum on the market. BTC: +10%, EOS +10%, Stellar +32%


It seems that there has been a major shift on the market: most of the cryptocurrencies are moving up, along with the largest of them, Bitcoin. The capital-forming currency showed an increase of 10% (14%), which seems simply overwhelming, if you were into this "endless" bearish sentiment before.

  • Major Support Level: $7,358;
  • Major Resistance Level: $7,570.

However, we would like to remind you of several important tips, including: careful investment, deeper analysis than usual; and regular cleaning of karma (at least sometimes). For the first time in a month, Bitcoin reached $ 7,000, probably ending the summer recession, during which we met a minimum of $ 6,000, or even lower. Now, BTC quickly returns to the indicators of early June, if we talk about a longer-term period than a few days.

Facts:

  • Market gained new $20 billion USD;
  • Altcoins are racing: especially, XLM (Stellar), Cardano (ADA), EOS.
  • Our community currency also raised a lot - Steem about + 14%;
  • Trade volume for all cryptocurrencies has increased 33%.

And what do you think about it? Is this an opportunity to sell or to buy (besides money, as a trend)?

Tags: #Bitcoin #BTC #market #cryptocurrencies #investment #trading
Who can be interested: all crypto-community


📌 Traders changed the market… really, or just one more cause?

Short positions at $180 million (in total) closed on BitMEX in 20 minutes (source)


According to experts, the registered rise of the cryptocurrency market was not provoked by news or important events (if don't mean an "inside" as a separate existing factor). Last night, the whole process took literally half an hour, so Bitcoin went up by $600, breaking the psychological "barrier" of $7000, and moved to a new point - which is about $ 7,500.

To understand this local trend, we must lead the focus on the processes which took place on crypto-exchanges, in particular, new data was received from BitMEX: the liquidation of a significant number of short positions on the BitMEX exchange occurred very quickly. But not all experts argue that only these changes in trading most correlate with the market. For example, six short positions at $10M have already been closed on the exchange, during yesterday's resistance of Bitcoin's price. Summary liquidation costs $180M.

But, on the other hand, we see that now the opinions of analysts are different. Some believe that the interest of large companies, such as BlackRock, can really become a fundamental basis for further "bullish" rise. But, many researchers can't agree with them completely.

Tags: #Bitcoin #BitMEX #exchanges #trading #short #crypto #market
Who can be interested: all crypto-community


📌 ICO Calendar


Upcoming/ending ICOs in near future


📕 END

  • Automobile Cyberchain [Big Data], Crystals Platform [All-in-one solution], Humanscape [Healthcare]
    MIN [Time-based cryptocurrency], Rocati Limited [Real Estate] ICOs will end on July 19, 2018.

📗 STARTS

  • Playrs [Sports] ICO starts on July 19, 2018, Viva Network [Fractionalized Mortgage Shares] – on July 20, 2018.

↪️ Others are now verified as TBD


We do not guarantee the trust level of ICOs, but we’ll tell you about the projects that have reached the stage of sale.


💰Market Cap: $295 850 285 621
💵24h Vol: $21 280 516 598


📊 Prices TOP 18.07.2018


↗️↘️Bitcoin: $7 421,63
↗️↘️ETH: $493,22
↗️↘️XRP: $0,511027
↗️↘️BCH: $866,48
↗️↘️EOS: $8,88
↗️↘️XLM: $0,294222
↗️↘️LTC: $90,88
↗️↘️ADA: $0,189635
↗️↘️USDT: $0,999665
↗️↘️IOTA: $1,13


♻️ Exchanges


📌 Paxful crypto-exchange wants to occupy unbanked Venezuela

This exchange has its own plans for the regions of developing countries (source)


Today, many of the new crypto-exchanges are going to open soon. Projects with smaller capitalization understand that some markets are already closed by the giants of industry. However, teams still see where to develop. It will be extremely positive if stable and legal Bitcoin/all crypto-exchanges will open in developing countries, or in countries with a crisis economy.

Paxful is a peer-to-peer cryptocurrency exchange which is supported by a small number of enthusiasts. In a latest interview for Coindesk, they argue that exchange will soon start working in Venezuela. At the same time, we would like to pay your attention to the fact that exchange often supports speculative coins, and it is necessary to interact with any new platform carefully. Discussions on Bitcointalk: here and there.

Do you have any questions to crypto exchange that you use? It's always needed to contact with the support service, in this case. For example, Gemini Support is waiting for the new messages - this statement appeared on twitter.

Tags: #exchanges #market #Paxful #Venezuela #Coindesk
Who can be interested: users/community


📌 Binance and new currency burn: updates

Binance, the largest cryptocurrency exchange, has completed the burn of its own tokens (source)


This procedure is implemented to maintain the value of the token.

“In accordance with our whitepaper, we have completed our 4th quarter token burn of 2,528,767 BNB (roughly $30MM USD equivalent).
Source: Binance

As Binance's CEO said, this is the largest number of BNBs that company burned for the one quarter. The team also argue that this is the result of community's support, as well as the plan and work of the exchange itself. Now, new BNB’s Total Supply is 192,443,301 BNB, and Circulating Supply is 144,443,301 BNB. 2,528,767 BNB in total have been burned.

Tags: #Binance #exchange #BNB #token #updates
Who can be interested: Binance community/BNB holders


💱 Exchanges TOP

Binance $2.33B -> 17.76%
OKEx $1.34B -> 10.22%


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Good info dear. Upvoted. Keep it up!!!

Thank you, Sir . We definitely will.

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