12th May 2018 : Cryptocurrencies Events To Watch | Possible Price Pumps For Crypto Traders & Investors !!
Crypto market tanked hard today. With few hours, a lot of money have been wiped out from the market, precisely almost $50 Billion. BTC tanked hard and fell by $700 within few hours and rest of the market followed its movement. Currently trading at $8651, BTC seems pretty Bearish. Next line of support would be $8400, although a pull back to $9000 is expected in next few hours.
Coin market capitalisation has fallen down to $392 Billion while BTC dominance increased to 37.5%
Alt coins have also tanked hard today as soon as BTC started its Bearish run. Most of the coins fell by 15-20% in price and currently in Bearish trend. But a nice uptrend is expected from ALT coins as soon as BTC starts to recover.
Now, let's have a look at some ALT coins whose updates/news/announcements are due on 12th May and we might expect some Bullish momentum in these coins:
Block Array (ARY) : "We should be on track with announcing a new business partnership at the end of the month/early may" PROOF
Cappasity (CAPP) : CAPP will send to CAPP wallets a bonus +6% of total CAPP held by the wallet on May 12, 2018. PROOF
Cashaa (CAS) : The World Satoshi Summit will take place in New Delhi, India on the 12th and 13th of May PROOF
CloakCoin (CLOAK) : Sydney - "Everything Bitcoin, Cryptos and Blockchain with a goal to increase awareness, innovation and mass adoption" PROOF
Elastos (ELA) : Keynote speeches from: Dr. Rong Chen, and Dr. Feng Han, Elastos Foundation. One of the most reputable blockchain thinkers of China. PROOF
SmartCash (SMART) : "Our goal is to identify and gather as much knowledge as possible in one place to discuss and advance this phenomenon." PROOF
Spectiv (SIG) : "Excited for the signal marketplace launch on May 12th." PROOF
IOTA : "This audit will be thorough, examining all features of the app and its dependencies." PROOF
Peculium (PCL) : Developer Mohamed Amine will speak about "Usecases saved in the Blockchain" at 15:00 (GMT) reg.-link will be published on peculium.io. PROOF
Bos Coin (BOS) : BOScoin meetup "Self-Evolving Cryptocurrency Platform" from 1:30 PM to 3:30 PM. PROOF
Note: Cryptocurrencies are highly volatile, so please take care of your investments and always use stop loss orders to limit your loss.
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