Why I'm making this report.
Due to the encouragement of friends I decided to start making my personal blog of information I accumulate everyday, public.
As a result, I found that I've been receiving support for the time and effort spent to format, commentate on, and share out this information.
And as people have enjoyed it I've enjoyed continuing to share it.
How does the Daily Dimes work?
In this publication I post an aggregate of news information that I come across in the cryptospace every day. There are two sections found below:
- A bulletin section, where I cover brief descriptions of noteworthy news and include updates to existing stories with sources for further reading.
-and-
- A trading report section, where I record confluent signals and information from my
paid memberships, private groups, and personal trades that I'm monitoring, as well as where I store my own market analysis.
Today
- 3 Bulletins
- 0 Updates
- 2 Trading Section Reports
Follow on Twitter @DD_Cryptonews
- Coinbase announce it is, "Exploring the addition of several new assets": Which is fairly obvious that if they do list any other alt it'll likely evaluate fairly heavily. The projects it is reviewing to list are: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), & 0x (ZRX).
In the future this quarter I'm going to start a subheading in the trading report section. It will be for projects that CB is looking to list, or ones that are highly regarded as possible CB listings based on peripheral evidence. The charts listed there will reflect key times to start accumulating said funds, with the overall idea being to start a CB listing portfolio/hedge.
I'd be willing to take requests for what to add to it besides the ones that CB has announced it's looking into adding already, please include any source documentation in your replies that suggests why CB might be looking into the coin you're suggesting making it a suitable addition to the hedge fund.
Source
Source2
- Coinbase is making more news with the announcement of it's ability to list tokens deemed securities: What's going on here is that Coinbase is making so much capital that it's going to just go ahead and purchase three companies, which will result it gaining regulatory privileges. It will then use it's new 'regulated platform' to list security tokens and to tokenize traditional financial assets.
Source
- Blackrock, a major investment management firm, announces interest in crypto: Direct quote:
"We see cryptocurrencies potentially becoming more widely used in the future as the market matures. Yet for now we believe they should only be considered by those who can stomach potentially complete losses. Similarly, blockchain needs to overcome significant hurdles to reach its promising future."
Currently claiming to be in the 'study phase' they've made comments suggesting that taking a small hedge into Bitcoin is inevitable and they want to make sure they know what's going on before they do it.
In 2017 BlackRock had 6.3 trillion in assets under it's management.
Source
Trading Section
- BTC Macro: 3 day is looking to test the downtrend, RSI is looking oversold, however the MACD did get it crossover recently. Still just watching this area.
Direct Link
- BTC Local: Watching this area for a completion of this possible iH&S formation. What we're looking for at this point is a high volume break out through the 6800 neckline. If this occurs we're looking at confirmation on the pattern and can perceive it as trend reversal. Doesn't mean an overall trend reversal long term, but I would say we'd be likely to set a couple higher lows in the future off of it before deciding where to go next.
Alternatively a breakdown is looking basically like a down bart at this moment which pushes us below 6500 and holds us there for a couple days, accompanied by volume.
Direct Link
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