IOTA Price Prediction: Long-term (MIOTA) Value Forecast – June 30

  • The long-term outlook is in consolidation.
  • Patience must be exercise trading the consolidation.

IOTA/USD Long-term Trend -Ranging

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA long-term outlook continues in a range-bound market. The breakout at the upper price range on 26th June pushed price up to $0.5407 in the supply area. The closed of price within range on the same day due to exhaustion implies the bears’ takeover.

The increased in bears momentum thus pushed the coin down to $0.3422 in the demand area but closed within the range on the 27th June as the coin rages.

The stochastic oscillator signal at 36% is undefined a reflection of the ranging scenario in the long-term.

$0.5000 is the upper supply area of the range while $0.3500 is the lower demand area of the range. Traders should be patient and wait for price breakout or breakdown with a retest before taking a position.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

Read Original/a>
Author: Azeez Mustapha

Brave Web Browser to Release Native Reddit and Vimeo Tipping With Virtual Currencies

Brave Web Browser to Release Native Reddit and Vimeo Tipping With Virtual Currencies
  • Brave is working on new features to allow users tip creators on Reddit and Vimeo
  • There are other services that offer similar solutions on Twitter, Reddit and Discord

Brave decided to introduce a new feature that would allow users to tip other content creators on Reddit and Vimeo. Individuals will have the possibility to send these tips using Basic Attention Token (BAT).

Although these features are currently being tested in Brave’s Developer on desktop, they may be released to the market in the near future. This is according to what a company representative said on Reddit.

Tipping Using BAT Tokens

Brave is currently working in order to allow its users to tip other content creators using the Basic Attention Token currency that was developed by Brave to use on its web browser. The web browser was found by Brendan Eich, which is the current CEO of the company, and Brian Bondy, Brave’s CTO.

The firm is now working on this new feature that has not been officially announced but it has been added to Reddit and Vimeo feeds. As reported by a moderator for the Brave Reddit community, the company is testing these features for both platforms.

About it, the company representative commented:

“The features in our developer preview build make their way into our BETA and then MAIN on a 3-week development cycle, so they’ll be in MAIN soon!”

The new implementation is expected to be rolled out in some months rather than a few weeks, as many users would expect. However, users can already begin verifying their Reddit and Vimeo accounts to receive tips in beta. In addition to it, Brave is also testing a new feature that would allow users to tip some tweets.

The main goal behind these tips is to help creators reduce their dependency on ads. Moreover, this is only available for Brave Nightly, a testing development version of the web browser.

Furthermore, Brave is competing with Reborn 3, a desktop web browser that was released by Opera Software and that has an integrated crypto wallet, unlimited VPN data and also web 3 support. In addition to it, the wallet that is integrated to Reborn enables users to store collectibles in the browser that can also be synchronized with the Android version of the wallet.

At the moment, there are other tipping options for users on Twitter, Reddit and Discord. Users can send XRP tips to individuals in these platforms by adding a comment. Moreover, Tippin released a new service that allows individuals to send Bitcoin through the Lightning Network (LN) on Twitter and became very popular earlier this year when it was embraced by the CEO of Twitter Jack Dorsey.

Basic Attention Token is currently the 31st largest cryptocurrency in the market with a valuation of $390 million and a price per coin of $0.306.

Read Original/a>
Author: Carl T

BINANCE COIN Price Prediction: Long-term (BNB) Value Forecast – June 30

Binance-Coin-Trades-for-a-Record-High-Price-as-BNB-Crypto-Token-Sees-Best-15-Month-Value-Point

• The bulls remained in control of the long-term outlook.
• $45.00 in the supply area is on the card.

BNB/USD Long-term Trend: Bullish

Supply zone: $60.00, $80.00, 100.00
Demand zone: $10.00, $8.00, $6.00

BNBUSD continues in a bullish trend in the long-term outlook. The coin was up at $43.15 in the supply area as the week began before the rest the trendline as predicted. The bears’ pressure pushed price down to $39.99 at the trendline on 26th June while price shot up back up to $42.19 in the supply.

$27.06 in the demand area was the low of the week attained on 27th June with the daily candle closing as a bearish spinning top but the bears could not push further down.

Price is above the 50-EMA while the signal of the stochastic oscillator is undefined at 43% suggesting a sideways market before bullish continuation in the long-term in days ahead.

A retest of the previous high of 22nd June at $43.19 in the supply area may occur as the bulls’ pressure becomes much stronger and more candles opened and closed above the two EMAs

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

Read Original/a>
Author: Azeez Mustapha

NEO Price Prediction: Long-term (NEO) Value Forecast – June 30

Look-Out-NEO-3-0-Update-To-Be-Released-During-the-2nd-Seattle-DevCon-Says-Co-Founder

• The bulls remained in control of the long-term outlook.
• Traders may consider buying with bullish candle reversal pattern as confirmation

NEO/USD Long-term Trend: Bullish

Supply zone: $25.00, $30.00, $35.00
Demand zone: $2.00, $1.00, $0.50

NEO continues in the bullish trend in its long-term outlook. The bullish trend continues as predicted in last week long-term article. The $20.00 target in the supply area was successfully retested on 26th June.

The cryptocurrency rose to $20.00 before the momentum loss that made the bears returned as indicated by the daily candle which closed as a bearish spinning top good reversal signal.

The market correction was necessary as the bears pushed the coin to $15.96 in the demand area on 27th June which is the 38.2 fib area a trend continuation zone. Hence the return by the bulls as and push price back up to $18.76 in the supply area. The week ended on a bullish note.

The signal of the stochastic oscillator points down at 65% suggesting a downward momentum. The 38.2 fibs at $15.96 in the demand area may be the bears’ target before the upward continuation.

$24.00 in the supply area is a key supply area for a retest in the days ahead.

The views and opinion as expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

Read Original/a>
Author: Azeez Mustapha

ZCASH Price Prediction: Long-term (ZEC) Value Forecast – June 30

New-Ycash-Fork-Happens-a-Friendly-Zcash-Blockchain-Hard-Fork-to-Enhance-Mining-Benefits
  • The long-term outlook remains in the uptrend.
  • $160.00 in the supply is the bulls next target in the long-term.

ZEC/USD Long-term Trend: Bullish

Supply zone: $120.00, $140.00, $160. 00
Demand zone: $50.00, $40.00, $30.00

The cryptocurrency remains in a bullish trend in the long-term outlook. The target at $140.00 predicted in a last week long-term analysis attained on 26th June. The momentum was lost as signaled by the wick in the daily candle as the bears took control.

ZECUSD dropped to $85.75 on 27th June with the 50-EMA and the trendline acting as strong support for the bulls’ comeback. Price rose to $127.04 in the supply before the end of the week.

Price is above the two EMA an indication of strong bullish pressure while the EMAs area fanned apart indicating strength in uptrend.

The stochastic oscillator signal is in a parallel line at 43% an indication of possible sideways before the possible breakout by the bulls from the rectangle.

The expanding rectangle is the structure of the market, which favours a bullish continuation in the long-term, hence the bulls may continue to dominate the market in the coming days.

$160.00 in the supply area is another key support area up for a retest as the bullish pressure becomes stronger.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

Read Original/a>
Author: Azeez Mustapha

INSTEX Now Operational, Could Trigger Trump & Bitcoin

INSTEX Now Operational, Could Trigger Trump & Bitcoin
  • SWIFT US’s tool to sanction war, now bypassed by EU and Iran
  • EU mechanism to trade with Iran by evading US sanctions process first transactions
  • Long Bitcoin, short the “US monetary hegemony”

A special trade vehicle designed to allow limited trade between the EU and Iran is now up and running, that will avoid sanctions from the United States.

Following a meeting of the six world powers and Iran to the 2015 nuclear deal that the US abandoned last year, European External Action Services said that this vehicle is operational, in a statement on Friday.

“France, Germany and the United Kingdom informed participants that INSTEX had been made operational and available to all EU member states and that the first transactions are being processed,” reads an excerpt of the statement published on the official website of the European Union.

The EU pledged to accelerate the cooperation with the Iranian corresponding entity (STFI) as well.

Bitcoin and Cryptocurrencies Could Play a Role Here

When first announcing the creation of the INSTEX in January, the EU said it would be “focusing initially on the sectors most essential to the Iranian population — such as pharmaceutical, medical devices, and agri-food goods.” However, this is far from the inflow of foreign trade promised by the JCPOA.

INSTEX basically provides a mechanism for EU companies to pursue transactions with Iran outside of Swift, avoiding the US sanctions and financial systems.

This system can also accelerate a broader acceptance of cryptocurrency in Iran, as previously reported.

The system is aimed at reducing the amount of cross-currency transactions and when too many imports are placed in Europe relative to export orders into Iran, Bitcoin here can play a role in direct currency exchanges that is central bank to central bank.

Iran already has a high interest in cryptocurrency as the government legalized Bitcoin mining in the country. Moreover, LocalBitcoins officially shut off its service for Iran-based users because of rising rial trading volume on the platform, US sanctions being the likely cause.

Iran even proposed state backed cryptocurrency to evade the sanctions.

INSTEX to Trigger Trump

The instrument in Support of Trade Exchanges (INSTEX) is aimed at facilitating trade with Iran by circumventing the sanctions imposed by the US after President Donald Trump pulled out of the 2015 nuclear deal last year and now wants a new agreement.

Though calling the meeting “positive” Iranian Deputy Foreign Minister Abbas Aragchi said:

“it is still not enough and it is still not meeting Iran’s expectations.”

The 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) was the product of extensive diplomacy between Iran and the US and China, Germany, France, Russia, the UK, and the EU. Under the terms of this deal, Iran agreed to curb its nuclear activities in exchange for billions, which was opposed by Republicans and some US allies in the Middle East.

“Long bitcoin. Short US monetary hegemony,” responded a Bitcoin enthusiast to this news.

USA used SWIFT as a tool in its sanctions war and now Europe has developed INSTEX to bypass SWIFT. This will not only trigger Trump but will have geopolitical implications as well.

Back in May, Sigal Mandelker, Treasury Department’s undersecretary for terrorism and financial intelligence warned that anyone associated with it will have to face “severe consequences” and further “loss of access to the U.S. financial system.” Geopolitical tensions will only further lead people to Bitcoin.

Read Original/a>
Author: AnTy

Netflix to Launch A Sequel to “Banking on Bitcoin” Documentary, More Emphasis to Altcoins

Netflix to Launch A Sequel to “Banking on Bitcoin” Documentary, More Emphasis to Altcoins

American-based streaming services provider, Netflix, has officially announced their next documentary related to the cryptosphere reports OBN. This will be the second of its type, as Netflix previously released “Banking on Bitcoin” in 2016, and it will revolve around alternative coins (popularly known as “altcoins”).

What will the documentary entail? As per the claims made, consumers, especially crypto fanatics, can expect to learn about the likes of well-established founders within the sphere including Vitalik Buterin (Ethereum), Jihan Wu (Bitmain), Justin Sun (Tron), Yi He (Binance), Charles Hoskinson (Cardano), Sunny Lu (VeChain), Jun Hasegawa (OmiseGo), Da Hongfei (NEO) and Roger Ver (Bitcoin Cash).

Given the aforementioned names, consumers will be exposed to each individual’s viewpoint on the crypto sphere, along with how they feel their respective projects are an essential part of industrial growth.

Furthermore, this, depending on how Netflix plans to execute everything, can give a sense of how each project will impact society as a whole in comparison to others. Moreover, this will serve as a vessel to understand the differences in relation to traditional ways of life.

According to Altcoin Buzz’s reporting, this new documentary will be a sequel to the Banking on Bitcoin documentary, where the focused more so on the use of the disruptive technology that not only impacts our way of life, but also society’s current financial system. This documentary also looked at the early pioneers of Bitcoin and how payments can be executed.

Whether this will exactly play out as a sequel is unclear, but the development of the story about crypto from the first to second documentary can be smooth given the next topic will be altcoins.

Token Post has also reported on this matter, to which the news outlet found out that Netflix isn’t the only one to expound on different leaders within the crypto space, but also Decipher Media. The latter supposedly has their respective list of key players they would like to showcase.

Said moves are a clear indication of mainstream adoption developing over time. What was once considered confusing and doubtful, is now being reached to different doors and people are becoming more open to the idea of listening and learning about crypto before shutting their doors altogether.

Read Original/a>
Author: Nirmala Velupillai

VeChain Foundation to Buy Back $25 Million Worth of VET Tokens

VeChain Foundation to Buy Back $25 Million Worth of VET Tokens
  • VET surges over 4% on the back of buyback plan
  • After Tron and Bitfinex’s LEO, VeChain is the latest one to announce the buyback plan

VeChain Foundation took to Twitter to share the exciting and bullish news with the community that involves a buyback plan.

Per this announcement, Sunny Lu, the CEO of VeChain, during the AMA marathon, announced that the VeChain Foundation Steering Committee has decided to conduct a VET buyback plan of up to $25 million USD over the course of the next twelve months.

This buy back plan reportedly will be used to incentivize the ecosystem builders for long term success.

VeChain is the 28th largest cryptocurrency with a market capitalization of $463 billion. Its token VET is currently trading at $0.0083 with 24 hours gains of 4.48 percent, at the time of writing.

The community is excited about this news as is VET which is among the few cryptocurrencies that are in the green as top digital currencies are down 3 to 8 percent. It is also the only coin among the top 35 that is green by over 4 percent.

VeChain, however, is not the only one to come up with the buy back plan. Earlier this week, Tron Foundation announced a $20 million buyback plan that is part of its initiative to boost community activity and market stability. The official announcement reported it to be the largest Tron buyback plan so far and on January 1, 2020, it will reveal its TRX holding.

This month itself, crypto exchange Bitfinex announced a transparency initiative to provide a full view of the buyback and burning of its LEO exchange token. Binance, the largest cryptocurrency exchange already had a buyback and burn plan for its native digital currency Binance Coin (BNB).

This buyback plan followed the big news of Walmart China joining Vechain and PwC for its new blockchain traceability program.

Read Original/a>
Author: AnTy

Colorado Data Center To Add 50 MegaWatts of Energy, Irked Critics Say It Would Hamper Renewable Goals

Colorado-based-Data-Center-To-Add-50-MegaWatts-of-Energy-Irked-Critics-Say-It-Would-Hamper-Renewable-Goals

A South-colorado based upcoming cryptocurrency data center estimated to be worth $100 million has decided to add 50 megawatts of new load for its energy consumption. The news has not gone down well with the clean-energy advocates who believe the decision might hamper the state and local renewable goals further from the reach.

Critics belive the upcoming data center won’t be the first of the kind to benefit from the new state economic development law. They fear that the new state policy would attract several data center operators to the state which would surely have a great impact on the state’s electricity consumption. They believe the state government should focus on curbing such commercial energy use instead of providing incentives for the sake of economic development.

The upcoming data center will be based out in Pueblo and it would be supplied with the demanded 50 megawatts of energy by the Black Hills Energy cooperation. Critics fear that the promised lease of energy might lead to several issues if the Black Hills Energy cannot match the expected demand through its renewable resources.

Pueblo’s Energy Future group wants to form a municipal utility to reach the city’s 100% renewable goal belive that the upcoming data center might wipe out all the renewable gains made by the city in the past. One of the members of the Energy future group David Cockrell said,

“Fifty more megawatts of this largely coal-fired power will essentially wipe out the gains in the renewable generation they boast from their new Busch Ranch II wind farm”

The south-Colorado city of Pueblo is best known for its steel mills and does not boast of a booming economy. The city paints quite a contrasting picture to its neighboring cities like Colorado Springs which are doing much better in terms of the economy due to their knowledge-based state policies. Pueblo currently has high poverty rates and low housing prices. The Pueblo City Council in 2017 set a goal of achieving 100% renewable energy consumption by 2035. The move seemed quite novel and everyone got on-board to achieve it, where Pueblo County commissioners passed a resolution of their own.

Only a few months later after committing to achieving 100% renewable energy use, the then governor John Hickenlooper signed a new state law to test the commitment of the citizens towards that goal. The law allows regulated electric utilities to provide discounted rates to large scale businesses for 10 years. The law is being seen as a move to help stimulate further economic development in Colorado.

Black Hill Energy Becomes First Utility To Get Approval For Discounted Rates

Black Hill Energy which is based out in South-Dakota and serves Pueblo energy needs became the first utility to seek permission from the city council to avail its services at a discounted rate. The firm applied for the approval in January right after the law came into the effect and proposed to sell 50 megawatts of discounted energy to an unknown company. The utility firm assured the city council that the move will deliver $25 million to $40 million worth of community economic benefits in the first five years.

50 megawatts of energy is quite a substantial amount given it accounts for one-tenth of the Black Hill Energy’s peak load. Although the law does not require the utility provider to state the source of their energy procurement, but Black Hill Energy stated that it will buy the required amount from the wholesale energy markets.

There were months of debate over the identity and qualification of the firm to which Black Hill has decided to sell the discounted energy to, which was later revealed to be AX2 Data Center. The Colorado Public Utilities Commission voted 2-1 in favor of allowing Black Hill Energy to provide discounted energy to the said data center.

The critics were mostly irked because of the fact that the council did not impose any renewable requirements to the Black Hill mainly because they believed that the delay in approval might put the economic benefits at risk.

However, the Colorado state law requires Black Hill to manage 30% of its energy from renewable resources by 2020. The company is quite confident in meeting those requirements mainly due to the 60-megawatt Busch Ranch II wind farm which will be completed this fall.

Western Resource Advocates, an environmental advocacy group filled with the utility commission opposed the approval since there is a lack of assurance from the data center operators over the source of electricity. The group demanded the data center to directly tethered to renewable sources.

Gwen Farnsworth, one of the senior energy policy advisor for the environmental advocacy group wrote,

“In order to avoid backsliding from valuable gains on emissions reductions in the transition to clean energy resources, incremental load growth should be served by renewable generation.”

The dissenting commissioner Frances Koncilja shared similar concerns and said that the agreement completely ignores the renewable energy goals set by the commission. Koncilja went onto to accuse her colleagues of making political decisions than the regulatory ones.

A few others came out in support for the economic growth from the current controversial project and stated that the data center won’t be a threat to the city’s renewable goals as most of the electricity produced in the region comes from renewable resources. One of these supporters who are in favor of the current data center includes the current mayor of the city Nick Gradisar. He said,

“I do not think the company’s presence or its energy needs will dramatically impact our vision for renewable energy. I personally believe that the cheapest energy will be from renewables in the very near future.”

One of the officials for the upcoming data center stated that the project would be completed by the end of 2019 and it can be made partially operational by September.

Read Original/a>
Author: Bitcoin Exchange Guide News Team

Deposits And Withdrawals To Resume On Hacked-Exchange Bitrue On July 3rd

Deposits-And-Withdrawals-To-Resume-On-Bitrue-On-July-3rd

Earlier this week hackers were able to breach the accounts of about 90 users of the Singapore-based cryptocurrency exchange, managing to steal 9.3 million XRP and 2.5 million Cardano, totaling $4.7 million.

Now, they have announced that they will resume deposits and withdrawals on July 4th. They will have BTR/XRP, BTR/BTC, BTR/USDT, and BTR/ETH ready to go.

Per Bitrue’s statement, administrators detected the hack and immediately shut down trading on their platform, putting the site in maintenance mode while they investigated what was happening. Bitrue said it’s working with Bittrex, ChangeNOW, and Huobi to recover the funds from their respective platform.

They even assured that they are reviewing their security measures and policies to ensure that this never happens again. They are even in touch with relevant authorities in Singapore to assist the team in tracking down the culprits.

This was their second security incident this year. In January, Bitrue admins also acknowledged to falling victim to a 51% attack during which an attacker exfiltrated over 13,000 Ethereum Classic (ETC) coins worth over $100,000 from the platform’s accounts. That attack, however, was thwarted.

Reacting in the wake of the attack, Binance’s CEO, Changpeng Zhao tweeted that they were edging closer to finalizing work on a revolutionary anti-fraud system that will be free for all. Admitting that the industry is, decentralized, but united, CZ, as he’s best known, said that the system would be available soon. Once released, the system would be able to track stolen assets using the Blockchain platform they are moved through.

Read Original/a>
Author: Sritanshu Sinha