BTC Dominance , ETH Price analysis , some important news form crypto world

in #cryptocurrency6 years ago

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1: BTC Dominance
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Current scenario of crypto market
Here keep your eyes on BTC Dominance increasing 2.8% in single week.
Btc dominance follow Fibonacci series so guys put stop loss on your alts and keep trading ON#BTC

2: ETHBTC
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3D macro outlook
This is very popular chart everybody posting right now. Indeed, there is something about that parallel channel that was in play ever since ETHBTC started to trading 3 years ago. Absolutely do or die type of moment right now for ETH. Note: this is 3D chart, it holds a lot of weight.
RSI currently is brutally oversold, sitting on 22. We saw that oversold level only 2 twice in ETH history (2015 & 2016). We should expect a move any moment right now, a little fake out wick is ok, but price should not going out of this channel and closing HTF candles outside. Every significant bounce here will be a signal to join the beginning of new uptrend for ETH. Until then - pray for ETH to hold this line.

3: The Daily: Secret Nasdaq Meeting, SALT Takeover Offer, Vitalik Wants More Cards
In today’s edition of Bitcoin in Brief we cover a secret meeting at Nasdaq, a takeover bid for crypto-as-collateral loan platform SALT, Vitalik Buterin’s thoughts on the importance of enabling small retail transactions, and why Chinese investors come to Israel to find blockchain startups.
SOURCE LINK > http://telegra.ph/The-Daily-Secret-Nasdaq-Meeting-SALT-Takeover-Offer-Vitalik-Wants-More-Cards-07-30-2

4: McDonald’s Launches MacCoin, ‘Currency’ For Free Big Mac On Burger’s 50th Anniversary
Even though the Big Mac hamburger was first introduced to the public in 1967, it was sold in McDonald’s restaurants around the country only in 1968, and the fast food chain is celebrating the 50th year of the well-known burger’s existence with the launch of a limited edition “currency” it is calling MacCoin. It is not another cryptocurrency, but instead a token that can be collected, or used at the chain’s outlets to get a free Big Mac in exchange.
SOURCE LINK > https://www.ibtimes.com/mcdonalds-launches-maccoin-currency-free-big-mac-burgers-50th-anniversary-2703720

5: SAMSUNG RECOMMENDS USING SMARTPHONE FOR CRYPTO TRANSACTIONS
Joel Snider, senior Samsung IT consultant, believes that mobile devices provide more security for digital cryptocurrency.
Smartphones have something computers and notebooks can’t offer — Trusted Execution Environment (TEE), Samsung IT consultant and the creator of Samsung Insights Joel Snyder, according two CNN. It means that smartphones are more practical for cryptocurrency transactions and data storing.
SOURCE LINK > https://icobrothers.media/2018/07/29/samsung-recommends-using-smartphone-for-crypto-transactions/

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Samsung recommends smartphone for crypto trading it's their business strategy.

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