“They always say time changes things, but you actually have to change them yourself."
- Andy Warhol
Welcome back, CoinMarketCap army! I hope you all had a lovely, restful weekend. Ahh, don't you just love Spring? The beautiful cherry blossoms are finally out! 🌸
Today in history (1983), magician David Copperfield shocked the world when he made the Statue of Liberty disappear in front of a live audience. 🤯
In today's newsletter, we will be covering startup Radar revealing a new suite of tools for lightning developers, the Tron blockchain's volume in Q1 2019 being driven mainly by gambling dApps andG20 member countries to meet in June to establish international crypto anti money-laundering and counter-terrorism financing regulations.
Please don't forget to answer the polls down below too! It's a great way for us to interact with you all and hear what you have to say. 💭 Happy reading! 📚
A change of wind 🌬️
Over the weekend, total market capitalization climbed steadily from ~$165.5 billion to ~$183.9 billion, while maintaining relatively high daily trading volume of ~$60 billion. 💪
In a similar fashion, BTC rose steadily throughout the weekend from ~$5,000 to ~$5,300. The weekend run up is pushing BTC to now be challenging its 100 and 200-EMA line on the weekly chart. RSI level is at ~57 on the weekly chart as well. BTC shorts are also at the lowest levels they've been since late Feb 2018. It's good to see growing consolidation at this level. 👀
Improved armskote 🔫
Startup Radar, which raised $10 million in a series A funding round in 2018, has revealed a new suite of tools for lightning developers on the lightning network to be released at this weekend’s Boltathon conference. ⚒️
The tools include a configuration helper for setting up a lightning node and an invoice “playground,” where users can test if their lightning node is able to connect with other nodes.
The tools are a part of Radar ION, Radar’s site for onboarding lightning users. Participants in this weekend’s virtual conference, which features a hackathon dedicated solely to lightning, are invited to use these tools. 👐
Frisky energy 🎲
The Tron blockchain achieved $1.6 billion in volume in Q1 2019 driven mainly by gambling dApps and activity, as revealed by analytics firm Dapp Review. In total, 64% of dApps on the Tron network used by 432,000 estimated users now facilitate gambling.
Tron's dApp volume surged to a new high in March 2019 based on the strength of games ranging from "digital dog racing" to a “farm investment game”, with more than $102 million worth of transactions on March 15 alone. 😲
G20 member countries will meet to establish international crypto anti money-laundering and counter-terrorism financing regulations at Fukuoka, Japan in June.
The countries are reportedly expected to reach an agreement over new regulations during this meeting, with the main aim to be anti-anonymity. Specifically, the group is reportedly looking to establish stricter identification of individuals transacting in crypto at the moment of transaction, to keep asset flow transparent. 👍
The programming language used by Ethereum for developing smart contracts.
Special announcement 📢 - 'A 10-Year Perspective: From Genesis to Today' webinar with Karthik Iyer
Join us in our second webinar as Karthik shares the history on how the crypto space came to be. From the day Satoshi Nakamoto announced the first Bitcoin client on the P2P-Foundation website, to how everything transpired and evolved to its current state. Join us as he takes us in a trip back in time in the cryptoverse!
Karthik Iyer is an ambassador for the P2P-Foundation, venture partner of Genesis Block NYC and CEO of BlockchainMonk!
The webinar will take place on 14th April 2019, 10pm Eastern Time (UTC-4) / 15th April 2019, 10am (GMT+8). But before all that good stuff, be sure to fill our the pre-webinar survey form here!
Special announcement 📢 - CoinMarketCap Mobile App Beta Launch
Calling all CoinMarketCap crew... 🤙
We are soon going to be launching our new CoinMarketCap mobile app! If you are interested in participating in our private beta launch and help us test it, simply fill out the form here! What are you waiting for! 😀
Other news 📰
Google trend data has revealed that searches for “Bitcoin” have hit the highest in 19 weeks - since November 2018. 🤗
Crypto exchange Coinbase has topped investment banking giant JPMorgan in LinkedIn’s list of top 50 U.S. employers of 2019. 😲
Electronics giant Bosch and Austrian power supplier Wien Energie are to demo a blockchain-powered refrigerator targeted at allowing consumers to monitor and control electricity consumption. 😀
Crypto calendar 📅
16 May - U.S. SEC's decision on the NYSE Arca and Bitwise Asset Management's Bitcoin ETF application
21 May - U.S. SEC's initial decision on the VanEck, SolidX and the Cboe BZX Exchange Bitcoin ETF application
"How much do you agree with this statement: "crypto is finally starting to get exciting again""
The average vote was a 7.
"Why or why not?"
The world is beginning to realise its real value that benefits everyone while this year will see some larger movement into crypto by the Financial industry. - I believe the influx is already happening. 😋 Things are moving - The ground beneath us has started to shift (: Some put too much money at Market at once and bitcoin prices went high, just speculation, not a fair demand. - Well I would argue that we saw a lot of speculators leaving the market in this recent bear run, a cleansing of sorts. 👍 I can again participate. - Welcome back! 👍 It has moved above the 20,50 and 100 EMV, almost to the top of the Bollinger bands and the volume is good. - It might drop a little to stay within the 2 SDs of the Bollinger Bands. 👀 it is. i have at least one friend ask me how to buy BTC. i see the community excited. there is activity every where. - Things are getting so exciting. Plus there are so many interesting developments on the horizon. 😊 Stabilization - I want there to be more consolidation at this price level for BTC! I still feel like we are in bear territory and need to focus more on bringing this product reliably to the masses instead of focusing so much on the price. - Yes I agree, but sometimes it can be fun to indulge in a little speculation (: I think because I’m long term I usually feel a bubbling excitement about crypto, I’m so new I’m constantly learning and that’s very exciting for me I can’t get enough ☯️😎 - Why welcome! Glad to have you on this journey with the rest of us. Even having been in the space for some time, crypto never ceases to excite me. You'll never get used to it muahahah. 😉 it’s exciting to see bitcoin trading above the 200-day EMA line and bullish momentum spreading throughout the markets 🙂 happy dayz - I jerked a tear when it happened. 1 - Market sentiment is up, that's good. 2 - Big Bear could still dominate, that's very possible! 3 - Bitcion is considered a commodity, commodities often trade below development cost to scarcity then break into a bull market... - Very good points. 👍 The stagnation in the $3-4k range went on for too long, any action is exciting, also it shows that crypto really isn't dead(not that I ever thought it was ;)) - It's never die. It has the cockroach gene in it. It'll only grow more widespread (: Never you can be sure with crypto. I hope for exciting! - Cheers to volatility! 🤪 Investors searching for alternatives and viewing cryptocurrency more seriously as it refuses to go away. - Yup its beginning to show it has some degree of staying power. the price rice has made people check on their investments again, brought some new players in i guess as loading time on 1 exchange i use getting longer. also brought out the naysayers and as mean as it is, i enjoy laughing at their ungrounded, old and silly ways of thinking. i just hope, the renewed interest is sustained. people actually making sure they understand crypto and practice patience when expecting returns. And research what coins they invest in. with congestion suddenly high on BTC rather go with BCHABC or other ALTs - In a bull run, decent alts will achieve a higher % return than BTC. They have a higher beta. Can't say the same for the bad alts though...
Grab the Bull by the horns and go all In for the water is fine...😊 👌🏻😂🤔 - Hahaha you daredevil going for broke! 😂
"What are your plans for the weekend?"
Learn more about crypto industry! - It's a continual journey! Monitor the crypto world - Never a bad idea. Buy some usdt. - Prepping the cannons. 🥊 Work, Breath, Sleep, Eat and Enjoy. - You've pretty much summarized the life of every working adult out there haha. 😂 Now look and see where to enter cryptos further - It's amazing how the sentiment has shifted. People are finally looking to enter the market again. Saturday we are going for some house cleaning.. Sunday will be lazy one at home, we will order food.. - Sounds like the perfect restful weekend to me! Enjoy myself - Always appreciated me time. Chilling on the beach. - Chill vibes. Odds and ends relax Sunday 🌲🍄 - Hope you had a good, trip. 🤪 find new job - That's rough. All the best bro, you got this. 👍 I am single - Well what are you waiting for? Go out and mingle! rest - Much needed. Stay in because of continued torrential rain in NE Brazil - Oh mannn that sucks. Gloomy weather really dampens my mood. I hope you were able to find stuff to keep you entertained over the weekend! 😊 staying in bed, catching up on series and enjoying a break. - Sometimes, you just need weekends like these. To give thanks and praise to God 🙏😇🙏 for living in such a great time in history to experience a Great Bull run... - Bless up! 🙏
Thank you all for reading! Catch you back here again tomorrow for your daily dose of crypto news! 💙
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