Crypto and Fortnite Reddit Communities Launch Ethereum Tokens.

Last month, social media giant Reddit began testing community points using ERC-20 tokens. This pilot launch, which has the potential to bring cryptocurrency to Reddit’s more than 400 million users,... The post Crypto and Fortnite Reddit Communities Launch Ethereum Tokens appeared first on Crypto Briefing. origin »

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Bitcoin Could Shortly Determine the Direction of Its Trend.

The Bitcoin price has been increasing since reaching a bottom on March 13. However, it has created its first lower high on May 13, possibly signaling an upcoming trend reversal. Ascending Support Line The Bitcoin price has been increasing since it reached a bottom on March 13, following an ascending support line. origin »

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Analyzing Bitcoin’s Correlation to the Oil Price.

The Bitcoin price reached a bottom on March 13, while oil did so on April 22. Since then, both assets have been moving upwards at a similar pace. While we have previously looked at the correlation between Bitcoin and the S&P 500, we have not done the same for oil. origin »

What Is Celo? Introduction to cGLD.

As Celo concludes its latest $10 million token sale, many may still be wondering what the payments platform is all about. In the following guide, Crypto Briefing will dig into... The post What Is Celo? Introduction to cGLD appeared first on Crypto Briefing. origin »

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Bitcoin Bull Markets Show Increasing Traction Among Altcoins.

Most of the users who buy Bitcoin on Coinbase end up switching to an alternative currency, especially when BTC starts a “bull run”, according to a Coinbase report. Users trade BTC for Altcoins looking to boost profits According to Coinbase, this could be because traders feel confident about their investments in Bitcoin and look for […] origin »

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ETH Longs on Bitfinex up 90% Year-to-Date.

The bullish sentiment among Ethereum (ETH) margin traders appears to have no end in sight, with ETH long positions on Bitfinex up by 90% in 2020. Tweeting on Thursday, Mati Greenspan, founder of Quantum Economics, highlighted the parabolic increase in ETH longs on Bitfinex. origin »

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Tezos Is Primed for a Trend Reversal.

The Tezos (XTZ) price is approaching an important support level that could reverse the ongoing bearish trend. The reversal would be confirmed with a breakout above the current descending resistance line. origin »

How to Use Monero: Using XMR for Beginners.

Monero is one of the most popular privacy coins in the crypto market. It’s easy to use XMR to make untraceable transactions—here’s how. Monero is untraceable. Unlike other blockchains, only... The post How to Use Monero: Using XMR for Beginners appeared first on Crypto Briefing. origin »

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