DestinationMoonCrypto

DestinationMoonCrypto Updated 

Bad coin of the day is Verge. Verge went through one more 51% attack! Yesterday, Supranova mining pool, informed its 19,000 Twitter followers that verge was suffering another 51% attack, causing all blocks to be rejected. Same as the April attack, ocminer, admin of Supranova spotted this one. In a post on the Bitcointalk forum, ocminer wrote: “Since nothing...

DestinationMoonCrypto

Coin of the day is 0x. Decentralized exchanges(DEX’s) is one of the hot topics in 2018. Many believe that soon DEX’s will replace centralized exchanges, as their philosophy fits better to the crypto world. If such things are about to happen, the logical conclusion is to bet on technology providers. 0x(ZRX) is an ERC20 based protocol designed to offer a...

DestinationMoonCrypto Updated 

Price Bitcoin is falling for the fourth day in a row, breaking major support at 8000.0. Yesterday the price briefly stopped at 7600.0 but did not find sufficient support and continued falling. Global Bullish Trend Line, conducted through the 2017 lows, 2018.02.06 and 2018.04.01, lies between 7000.0 and 7600.0 levels. Breakthrough of this support could change the...

DestinationMoonCrypto

Coin of the day is Stellar During Bitcoin stagnations, traders look for alternative coins, big and backed by real usage, which could be in the future without Bitcoin. Technology that uses blockchain to power payment systems sounds exactly like the one that will be useful in the future. Stellar is an open-source protocol for value exchange founded in early 2014...

DestinationMoonCrypto

Price Instead of the breakthrough of the Bullish Trend Line yesterday we got a rebound of this angle line and one more painful dive below the 8000.0 level. The fall stopped, and price started to pick-up at the 7800.0 level, not reaching 7600.0 (coinciding with 61.8 Fibo level support). As was stated yesterday, we could count on the turnaround only if we will see...

DestinationMoonCrypto

Coin of the day is Decred. Returning to one of the growers in the present unfavorable for bitcoin time. While Bitcoin price is breaking all support levels and rolling down, dragging big players, there are good looking charts on the markets. Decred (DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain....

DestinationMoonCrypto

Price BTCUSD did not manage to hold 8500.0 level yesterday and retraced downwards below the Bullish Trend Line. For now, bitcoin is trading above the 8200.0 level, the short-term price pattern looks bearish. To reconsider the bearish pattern we need to see a breakthrough of the Bearish Trend Line. Nonetheless, the take-off from the 8000.0 level, from a week ago,...

DestinationMoonCrypto

Coin of the day is Stratis. Stratis is a Blockchain-as-a-Service (BaaS) platform that facilitates the development of blockchain-based applications. Using the Stratis lite clients, side chains, and robust APIs, allows companies to benefit from the blockchain technologies without a need to support the whole private blockchain network. Beyond building the platform,...

DestinationMoonCrypto

Price Holidays showed a sustained growth from the 8000.0 lows to the crucial level 8500.0. Yesterday the upward movement was picked by volume jump after the price crossed the Bullish Trend Line. Today volumes distribute above the 8500.0 level, that hints that the price is probably ready to gain a foothold on this level today. Bullish Trend Line and 8000.0 –...

DestinationMoonCrypto

Coin of the day is Tron. Tron is a blockchain-based decentralized platform, seeking to build a free, content entertainment ecosystem. The system being built will use distributed storage technology, which will allow cost-effective sharing of digital content. The project was founded by the Tron Foundation, a Singapore-based non-profit, back in 2017. Tron uses...

DestinationMoonCrypto

Price The Friday started with another one dip of the BTCUSD and renewal of the near-term minimums. The fall has started yesterday and brought the price below the 8000.0 level, this zone showed high level of support and brought the price back, above 8100.0 level. Comeback to the 8500.0 level will be needed to restore the bullish view of bitcoin. In case of a...

DestinationMoonCrypto

Coin of the day is SysCoin. SysCoin technology allows users to conduct low-cost transactions like Bitcoin and also acts as a medium for business trading, provides businesses the infrastructure for trading goods, assets, digital certificates and data securely. The primary product of the Syscoin team is Blockmarcket, a blockchain powered marketplace "where you can...

DestinationMoonCrypto

Price After a regular reaction to the next stage of advertisement restrictions, now from the second largest search engine Bing, bitcoin crashed to the 8100.0 level yesterday. For now, BTCUSD went into a gradually rising channel in the 8100.0 – 8500.0 zone, such pattern suggest that there are traders willing to buy at this price which is a positive sign. Support...

DestinationMoonCrypto

Coin of the day is Decred. "Decred is Bitcoin as it should have been." Decred (DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain. It runs autonomously with improvements voted on and enacted directly by the miners and holders of the currency. One of the challenges faced by Bitcoin is that its underlying...

DestinationMoonCrypto

Price BTCUSD had a dip again, this time the pair went to the Bullish Trend Line and found support only there, around 8200.0 level. The dip appears to be related to reports that Microsoft’s search engine, Bing, has followed in the footsteps of tech giants Facebook, Google, and Twitter by banning crypto-related advertising. Still, as the price holds near the 8500.0...

DestinationMoonCrypto

Coin of the day is Zcash. Zcash is one of the privacy-oriented coins forked from the Bitcoin Core, with its unique vision of selective transparency of transactions. The founder and CEO of Zcash Company is Zooko Wilcox-O'Hearn. Its founding team includes cryptographer Matthew D. Green from Johns Hopkins University. Roger Ver was one of Zcash Company's initial...

DestinationMoonCrypto

Price As expected Consensus (New-York based blockchain conference, organized by CoinDesk company) gives some relief to the Bitcoin price. BTCUSD has returned above 8500.0 level and even broke the Bearish Trend Line, which could be a sign of a rebound formation. The conference will be held for two more days, so it is probable that we will see some more upward...

DestinationMoonCrypto

Coin of the day is Bitcoin Cash. The most famous hard fork of Bitcoin, Bitcoin Cash solves infamous Bitcoin scalability problems in its own style, trying to cut any possible corner and become the most usable and adoptable cryptocurrency. 15 May hard fork Was the announcement of future BCH fork fueling the coin growth? Did people bought the coin in...