Coin For July 12, 2018

Waltonchain (WTC)

Value Internet of Things (VIoT) attempts to construct a perfect commercial ecosystem via the integration of the real world and the blockchain.Ushering human beings into the reliable digital life. Waltonchain looks to unfold a new era of Value Internet of Things (VIoT). WTC has a market cap of over $287 million, a circulating supply of over 40.1 million and has traded nearly $7 million in volume during the past 24 hours according to CoinMarketCap.com.

WTC/BTC is near to completing a double bottom-type price pattern if the price closes above the neckline at 0.011299. Based on the height of the consolidation and Fib retracements applied to its most recent downtrend, a potential target could be near the 50% retracement at 0.0013342. A potential stop could be placed below 0.0010500.

NEWS TO KNOW

4 Cryptocurrency Trends to Watch Out For

With the CME and CBOE launching their own cryptocurrency futures, the SEC and CFTC getting involved, cryptocurrencies are here to stay for the foreseeable future. Here are four trends to watch out for: 1) more stablecoins and increased market stability, 2) Bitcoin dominance will increase, 3) cryptocurrencies will become mainstream, and 4) the rise of decentralized exchanges.

Scalability is the Biggest Hurdle Ahead of Cryptocurrency Mass Adoption, Research Says

According to new research by the Imperial College London and social training platform eToro, mainstream adoption of cryptocurrency may not be that far away. The report concluded that mass adoption isn’t that far away given that cryptocurrency fulfills one of three fundamental criteria of fiat currencies, namely a store of value.

Regulation is Why the US is Losing the Crypto War

There is trillions of dollars that are tied up in the supply chain and regulations that add to tremendous inefficiencies. The CEO of Sweetbridge, Scott Nelson, spoke about a war on commerce following a meeting with U.S. regulators.

Opera to Launch Browser With Integrated Wallet

Opera has just launched a version of their browser that includes an integrated cryptocurrency wallet. According to Charles Hamel, the product lead of the browser, it will be called “Opera Crypto” and a grower with an integrated wallet opens up new possibilities for merchants and content creators.

How to Sell Bitcoin: 4 Methods to Liquidate Your Coins

Due to the volatile nature of Bitcoin, you should be cautious when making decisions to buy or sell Bitcoin. If you currently own Bitcoin, here are four ways to sell your coins: 1) sell through an exchange, 2) sell via direct trades, 3) sell in person (offline), 4) P2P trading platforms.

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Source: Coinmarketcap.com