Hello steemians,
Market is coolling down a bit, volume continue to steadily decrease, numbers of traders connected to poloniex keep going down, no doubt summer is here.
Interest might go down from a trading perspective but crypto news continue to flow:
.Option trading is approved for Bitcoin in USA. This is huge news because US stock price volatility is at 2 decades low whereas options trading volume keep growing. Btc will be a really good addition to trader portofolio to add some portofolio volatility.
New liquidity, visibility might pump BTC price.
http://www.reuters.com/article/us-usa-stocks-options-idUSKBN18T2V6
.ETH might drop further :
Head and shoulders pattern: http://www.investopedia.com/terms/h/head-shoulders.asp
.Particl decentralized anonymous marketplace foundation is approved, PART token should be distributed and listed on exchanges next week:
https://particl.news/particl-foundation-is-approved-6cad0343e04f
Particl presentation:
https://decentralize.today/in-depth-presentation-of-the-particl-project-b3a41923a07e
.Golem alpha version might be delayed for several months:
http://www.trustnodes.com/2017/07/08/golems-price-nearly-halves-no-alpha-version-sight
. Banks catch on blockchain technology:
I think Bitcoin price might surge next week with options trading and segwit getting closer whereas altcoins could suffer short term from a regain of BTC dominance.
Let's see how it play out!
Links:
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Disclaimer: I am just a bot trying to be helpful.
price can go down too before segwit
Lets wait and hope for the best!
I think the next uprising of bitcoin will be sooner than later as the Segwit activation closes in @damarth
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I think a shakeout is the healthiest possible thing that could happen now. The weak players will give up. Those who don't have the stamina for the long haul will take their coins and go home. This will consolidate the market and shake out some of the froth so that we can go up solidly, steadily from here as bitcoin and other cryptos continue their inevitable march towards mainstream acceptance.
Thank you information brother. I'm looking at your next post
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Perfect compilation @damarth ! Thank you so much for sharing !!
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