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LOEx Market Research Report on July 21: The index has gone to the end of the triangle wedge, should watch more and less action to reduce the operation

LOEx Market Research Report on July 21: The index has gone to the end of the triangle wedge, should watch more and less action to reduce the operation
[Today's Hot Tips]
1. [The first L2 extension solution of ETC, Connext Status Channel, has been activated on the main network]
On July 21, ETC Cooperative officially announced that the first Layer 2 protocol extension solution of ETC, Connext State Channels, has been deployed on the ETC mainnet. The Connext State Channel will allow the ETC mainnet to integrate multiple second-layer solutions, absorb a large number of transactions, and achieve the scalability of the blockchain.
2. [Announcement of the first batch of innovative applications in Shanghai Fintech Innovation Supervision Pilot, including technologies such as blockchain]
According to the Securities Times, e Company, on July 21, the Shanghai Fintech Innovation Supervision Pilot Working Group publicized the first batch of 8 innovative applications in Shanghai on the basis of a wide range of projects. The first batch of innovative applications actively explore the cross-enabling of multiple cutting-edge technologies such as AI, blockchain, big data, and multi-party secure computing, and use FinTech to solve the pain points of information and trust asymmetry faced by small, medium and micro enterprises in financing, and create new models and methods for inclusive finance.
3. [Developer of Ethereum Testnet: Ethereum 2.0 Beacon Chain will be released in November]
According to Paradigm on July 20, the developer of the Ethereum multi-client testnet, Afri Schoedon, stated in an interview that the Ethereum 2.0 Beacon Chain will be released in November unless we find a serious error in the client or protocol. Afri Schoedon said that its estimated launch time is somewhere between Vitalik Buterin and Justin Drake (the Ethereum Foundation researcher). He believes that there is no need to postpone Ethereum 2.0 to 2021 unless key issues are found. In general, it is likely to be launched at the end of 2020.
[Today's market analysis]
Bitcoin (BTC)BTC rose slightly in the early morning, reached 9200 USDT in a short time, and then fell slightly to 9170 USDT. At present, BTC continues to fluctuate in a narrow range around 9170 USDT. Mainstream coins basically followed the trend of the broader market, rising slightly in the early morning and then falling back significantly. BTC is currently reported 9177.1 USDT on LOEx Global, an increase of 0.04% in 24h.
https://preview.redd.it/xz6s3i75b6c51.png?width=554&format=png&auto=webp&s=fa03d4ee39ee1ad20e962d0a4266564484fe4e60
The volatility of Bitcoin throughout July was too boring, and the stage was on the Altcoin side. The market will never only rise and not fall. When the tide recedes and the enthusiasm is gone, will the Altcoin and the big pie resonate and fall? Looking at the K-line chart above, the wedge-shaped sharp corners are getting more and more extreme, and they will soon face a change. High and sideways, maybe the main force will quickly hit the market, but it is also a fishtail market; otherwise, the risk is even greater. Here we can completely jump out and wait until the market is clear before making a trading plan. The gentleman does not stand under the dangerous wall.
The currency market index has reached the end of the triangular wedge, it is better to be cautious in the short term.
Operation suggestions:
Support level: the first support level is 9100 points, the second support level is 9000 integers;
Resistance level: the first resistance level is 9200 points, the second resistance level is 9400 points.
LOEx is registered in Seychelles. It is a global one-stop digital asset service platform with business distribution nodes in 20 regions around the world. It has been exempted from Seychelles and Singapore Monetary Authority (MAS) digital currency trading services. Provide services and secure encrypted digital currency trading environment for 2 million community members in 24 hours.
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Sunday, June 23 - Saturday, June 29
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Top 5 Discussions score link to comments
The Race To Acquire 32 ETH For Staking Is About To Begin 138 82 comments
Today is an accumulation day 101 80 comments
Reality check boys and girls. Who knows what the most profitable industry of the last 100 years was? 92 77 comments
The ETH maximalist portfolio 36 57 comments
ETH Looking Cheap Versus Bitcoin 150 46 comments
 
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7. Proofs-of-Custody by Vitalik Buterin and Justin Drake (Ethereum Foundation) Justin Drake-Ethereum Sharding Justin Sun (Tron) and Warren Buffet / Bitcoin chart (Bear ... Bitcoin At $1 Million By 2020 Is Still Possible And Might ... Brian Armstrong Live: Coinbase Trading, Bitcoin Mining ...

Ethereum needs all the help it can get these days, and with the addition of researcher Justin Drake at TechCrunch Disrupt Berlin, it just might garner the appeal it so desperately needs.. Ethereum ... Drake specifically claimed that bitcoin would be price at $30,000 by the end of 2018. It was trading at around $9,000 when Drake made his speech. Drake also predicted in early 2018 that the crypto bear market would be over shortly: “At that point, prices will go off and I think that’s going to happen around March or April,” explained Drake in early March 2018. Drake’s prediction for ... Looking back at the chart, it is evident that Bitcoin was following the direction of the S&P 500 and other stock markets. The correlation seemingly became more intense this week, with each notable move on the chart above being triggered by movements in global markets. An analyst in the crypto space said that this increasing correlation is due to the crypto market becoming somewhat illiquid ... Der Start wurde jedoch bereits mehrfach verzögert – und Justin Drake, Forscher der Ethereum-Stiftung, hat im Juli zudem geschrieben, dass ein Start im Januar 2021 wahrscheinlicher sei als das Ziel für November. Der Start eines zweiten Testnetzes deutet darauf hin, dass die Stiftung Ethereum nach wie vor Probleme sieht, die es zu lösen gilt, bevor sie sich verpflichtet, Ethereum 2.0 ins ... Bitcoin Videos; Ethereum Videos; Altcoin Videos; Crypto Industry . News; Events; Market Cap; Price Tracker; Crypto Guides; Buy Crypto Wallet; Crypto Consultancy; Free Crypto Courses; Binance Review (2020) What is Cryptocurrency; Ethereum Videos. By Author cryptonews Posted on May 3, 2020. 263. Towards Production VDFs – Justin Drake. ethereum. Previous Post. Pump and Dump Complaints Dismissed ...

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7. Proofs-of-Custody by Vitalik Buterin and Justin Drake (Ethereum Foundation)

Ebay Miners: https://ebay.to/2JWghW4 https://ebay.to/2ImVxUj https://ebay.to/2WrijUJ Check Out My Website: www.britvrcrypto.com Coin Lotto Win $1million in B... EthCC 2 The Ethereum Community Conference is created by the community, for the community. It brings together great minds and forethinkers, and allows the community to grow. follow us : @AssethFR ... Best-selling author and former hedge fund manager James Altucher is not backing down from his $1-million-dollar bitcoin call that he boldly made back in 2017... 'Blockchain VDF Ecosystem and Opportunities for Participation' by Justin Drake of the Ethereum Foundation. Presented at the Verifiable Delay Functions (VDF) Day on May 17th, 2019. https://dci.mit ... The Ethereum Sharding Meeting #2 - Berlin 7. Proofs-of-Custody by Vitalik Buterin and Justin Drake (Ethereum Foundation) Resources: https://notes.ethereum.or...

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