Today, our review is about a possible Bitcoin trend reversal, a new Japanese crypto exchange, crypto coupons, and other interesting topics.
Binance Research is the research division of the leading crypto exchange Binance. Now, Binance Research has released an analysis of the current state of Bitcoin and the other cryptocurrencies. In the analysis, the authors recognize a relationship between the course of Bitcoin and the courses of other Altcoins. From this they deduce that the market has already found its bottom. It says:
“During this period, the associated Altcoin correlation with Bitcoin reached an all-time high (13 March 2018). That coincided with the Bitcoin crash from the $ 6,000 USD area to $ 3,000. “
From this the Binance research team concludes:
“This high correlation suggests that market sentiment has already found a local maximum during this time. That could trigger a trend reversal. “
In the analysis, the authors also note that the crypto markets are still in their infancy with regard to institutional investors. At present, only 7 percent of all cryptocurrencies are held by institutional investors.
Ethereum, Ripple XRP, Litecoin and Bitcoin Cash
On Tuesday, a new, fully regulated crypto exchange opens in Japan. The crypto exchange bears the name DeCurret and was approved by the Japanese Financial Services Authority last month. This allows the stock exchange to note Bitcoin, Ethereum, Ripple XRP, Litecoin and Bitcoin Cash.
All coins should already be available on the opening day. The exception is Ethereum, which will not be added until the summer.
DeCurret 開業 記念 キ ペ 中 / / / / / / / / / で で で で で で で で で で で で で で で で で で で で で で で で で で で で で で で相当 の ビ ッ ト コ イ ン を プ レ ゼ ン ト】
お か げ さ ま で, 多 く の お 客 様 か ら の お 申 込 み を い た だ い て お り ま す サ ー ビ ス 開始 ま で, も う し ば ら く お 待 ち く だ さ い https:.! //t.co/L519XdDthu
– デ ィ ー カ ト ト (@DeCurret) April 10, 2019
The popular London crypt market Skrill has now also listed Stellar Lumens. The crypto exchange is known for supporting many fiat currencies that customers can exchange for cryptocurrencies. Supported currencies include the British pound, the US dollar, the euro, the Australian dollar, the Canadian dollar and the Japanese yen.
# CryptoNews: $ XLM is here!
Buy and sell it with Skrill today: https://t.co/n8YDzILvE1#Crypto #Cryptocurrencies #CryptoNews #Bitcoin #Ethereum $ XRP $ ZRX #Litecoin $ BTC $ LTC $ BCH pic.twitter.com/Q9VPdm50Ft
– Skrill (@skrill) April 5, 2019
Ripple CTO David Schwartz has posted a new video on YouTube. In it he first explains why he could not come to the ILP Summit. He also briefly summarizes one of his lectures in the video, which focuses on what makes teams effective. In doing so, Schwartz uses explanations from the field of massively multiplayer online role-playing games for explanation.
French Tron friends can now buy their crypto-currency Tron (TRX) in over 3,000 shops in France. This is done via gift cards, which can then be redeemed on the Bitnovo platform.
A total of 22 cryptocurrencies are available through Bitnovo. These include Bitcoin (BTC), Ethereum (ETH), Dash (DASH) and Litecoin (LTC).
You can buy now #Tron $ TRX at over 3000 stores across France thanks to @bitnovo vouchers! Always bringing crypto closer to the people! @Tronfoundation @justinsuntron @TronFrance pic.twitter.com/91RxF8uepJ
– Bitnovo (@bitnovo) April 10, 2019
Author: Peter Joost – Source Post: https://www.kryptovergleich.org/analyse-von-Binance-kryptoboerse-deutet-auf-trendumkehr-von-bitcoin-btc-kurs-hin-plus-ripple-xrp-tron- ethereum-Litecoin-bitcoin-cash-and-stellar-update /
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