Day: June 3, 2019

Ethereum (ETH) Slide Back to $230 or $190 On The Cards

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ETH liquidation at $300 Ahead of Serenity, developers prefer Ethereum over competing platforms. A raft of supportive fundamentals, on-chain development, and optimism amongst investors is behind Ethereum’s (ETH) resilience. Although under pressure, the uptrend is solid. Even so, for buyers’ confirmation, bulls must clear $300. Ethereum Price Analysis Fundamentals Year-to-date, Ethereum (ETH) is lagging the world’s most valuable digital asset, Bitcoin (BTC). That is despite the positive correlation they share. However, it wasn’t until May that prices began flashing, printing green and edging higher, breaking above the $200 and later…

Tron CEO Pays $4.5 Million to Give Warren Buffett His Best Crypto Pitch

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By CCN: In a frankly incredible turn of events, crypto hater Warren Buffett is going to have lunch with Justin Sun – not that he has any choice in the matter. The Tron founder won Buffett’s GLIDE charity auction with a record $4.5 million bid. Tron Founder Pays $4.5 Million for Warren Buffett Pow-Wow To make matters worse for the billionaire who once called Bitcoin “rat poison squared,” TRX’s Sun is going to bring along a bunch of his blockchain pals for the ride. I officially announce I’ve won the…

Bitcoin Cynic Buffett is Having Lunch With Tron CEO Sun: Crypto in Stiches

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Tron founder Justin Sun has just revealed that he has secured a lunch meeting with Warren Buffett, known in crypto for his anti-Bitcoin (BTC) comments. The cryptocurrency “pioneer”, as Bloomberg called Sun, managed to win an auction for Buffett’s famous charity lunch, held every year to raise money for a number of non-profits. Related Reading: Bitcoin Sees Sketchy Weekly Candle, Chances Of Pullback Increasing: Analysts Tron CEO Spends $4.6M To Sway Buffett About Crypto As reported by Decrypt, Tron chief executive Sun spent $4.67 million on the auction, managing to…

John McAfee Tweets a Good Review of the KaratGold Crypto Ecosystem, Which Is Backed by Karatbars Germany

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One of the best-known Bitcoin supporters and well-respected crypto voices John McAfee has announced support for Karatbars International. The company initially known as a retailer of tiny gold items, today declares itself as a provider of multiple blockchain solutions for the traditional market. “Warning: I work with this company. However, KBC coin is linked to gold in a way that downside is limited, while the upside is unlimited,” McAfee wrote on his Twitter referring to KBC, the coin freely convertible into physical gold. “For me, it is simply a way…

Bitcoin’s Evening Star Formation Cast Doubt on BTC Bulls

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BTC down 2.8 percent Evening Star pattern prints Traders are wary, doubting the strength of the underlying momentum. At the time of press, Bitcoin is cooling off, dropping 2.8 percent in 24 hours as prices range below May high. Bitcoin Price Analysis Fundamentals True, May was an exciting month for Bitcoin and indeed crypto traders. After a lackluster performance in Q1 2019, the recovery in April and the assertion of May did bring good tidings to hodlers. As a result, Bitcoin now has deeper liquidity with prices more than doubling…

Bullish LedgerX Crypto Options Bets Resurface: Bitcoin $50K by 2020

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By CCN: Now that the bitcoin price has momentum on its side, the bulls are placing bullish bets again. The most aggressive trades are seemingly happening in the crypto derivatives market where the risk/reward profile differs vs. the spot market. Now that the bitcoin price has generated returns of approximately 130% year-to-date, derivatives traders are willing to put it on the line once again. One bullish trade that has resurfaced in the crypto call options market is a bet that the bitcoin price will surpass $50,000 by this time next…

Bitcoin Cash and SLP-Fueled Badger Wallet Launches for iOS

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On June 3, the popular bitcoin cash (BCH) light client Badger Wallet launched its open beta version for iOS mobile devices. Now Apple users can download the wallet in order to store, send and receive BCH alongside the ability to do the same with Simple Ledger Protocol (SLP) tokens in a noncustodial manner. Also read: Creating Your Own SLP-Based Token Using Memo Testing the Badger Wallet for iOS Over the last few months, the noncustodial Badger Wallet has become one of the most versatile light clients within the Bitcoin Cash…

Tron’s Justin Sun Wins eBay Charity Auction in $4.57M Bid to Lunch With Warren Buffett

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Tron (TRX) founder and CEO Justin Sun has won an eBay charity auction to have lunch with renowned investor and Berkshire Hathaway CEO Warren Buffett. The news was revealed in a press release shared with Cointelegraph on June 3. Sun reportedly bid a record-breaking $4,567,888 to win the charity auction, which has been held by Warren Buffett for the past 20 years. Bloomberg reports that the winner, who had previously been unnamed, will be able to bring seven friends along for lunch with Buffett at a steakhouse in New York.…

3 Best Cryptos to Buy in 2019 Before They Explode with Massive Gains

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By CCN: With numerous bullish breakouts on the longer timeframe, the crypto bull market is growing stronger by the day. We’re not just talking about bitcoin. On the contrary, the disbelief rally of the king of cryptocurrencies may be on its last legs. This gives other large-cap cryptos the opportunity to step into the limelight. We did our research and discovered that TRON, Stellar, and Ethereum Classic offer some of the best setups that can generate massive gains in a short period of time. TRON Looks Incredibly Strong from the Macro…

Crypto OTC Trading, Explained | Cointelegraph

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1. Generally speaking, over-the-counter (OTC) trading is a deal that happens directly between two interested parties — that is, without the supervision of exchanges. OTC deals involve a wide range of assets — from commodities to financial instruments like stocks and derivatives. Unlike traditional exchanges, the OTC market is decentralized and has no physical location, and trading is done via dealer networks. Traders are not necessarily involved in the process directly, as they can seek assistance of middlemen, like brokers, or OTC desks. OTC desks are mostly trading securities that…