Welcome to the second issue of the Thy Prophecy from the Cryptocle!
In case you are a mere mortal and never heard of the crypto-planes:
https://busy.org/@firstaeon/the-cryptocle-market-report-01-08-2018
If you are too lazy to click that link, beside deserving to be punished by Cryptocle's servants, you will also get a short refresher.
The Cryptocle is a trading bot developed by me which pulls data from various sources and exchanges available online to determine how and when to make trades.
Thy Prophecy is what Cryptocle thinks are the top 5 cryptos of the moment.
Since its last appearance, the Cryptocle crypto-dark empire is facing continuous conflicts against the crypto-bears of the crypto-planes.
The armies of the ravenous crypto-beasts are strong and well organized and despite their gruesome and brutal appearance they prepare and carefully plan their attacks.
The Cryptocle, for this reason, decided to make use of one of his most powerful weapons. A terrible and lost artifact, having roots in the aeons preceding the crypto-planes and perhaps even beyond the creation of Crypto-Gaia.
The ancient power seals the mighty Cryptocle Fortress in an umpenetrable dark shell, so dark that not a single beam of sunlight can even think of getting through or bounce on it.
The crypto-bears will have no chance as long as the Stablecoin Wand keeps casting the protective and invincible shield.
However, all this might comes at a cost. As long as the shiled stays active, no member of the crypto-Empire can leave the fortress....
The Cryptocle cannot be harmed, but also cannot grow and absorb more power....
Don't despair acolytes, the sentinels are always watching and when the crypto-bears will be weaker, the wand will automatically dispel and the counter-attack will begin.
Beware, adventuring now in the crypto-planes is dangerous, as the crypto-bears are intensifying their offensive.
However The Cryptocle will never stop announcing its prophecies....
The king of crypto keeps its throne. The ETF approval being delayed to September by SEC is just a small little scratch on it's golden shell.
Source: cryptopanic.com
Source: cryptocompare.com
Best news
Selling Bitcoin Because of ETF Delay is a Wrong Decision, Says Brian Kelly
https://ethereumworldnews.com/selling-bitcoin-because-of-etf-delay-is-a-wrong-decision-says-brian-kelly/
Ethereum once again gets a silver medal. It is still the best platform out there, but the competition is really getting closer, many experts are claiming that Ripple is much more powerful, but they don't see it is really something else....
Source: cryptopanic.com
Source: cryptocompare.com
Best news
IOTA [MIOTA] loses Sirin Labs: joins hands with Ethereum [ETH]
https://ambcrypto.com/iota-miota-loses-sirin-labs-joins-hands-with-ethereum-eth/
The top un-decentralized crypto asset is marching forward at full speed. Institutions love it, banks love it, VIPs love it.....It is a good thing!!!...isn't it? It is still remarkable that it is performing "well" during this bear market, but beware...federal law investigation is coming to Ripple headquarters....and that is a good thing.
Source: cryptopanic.com
Source: cryptocompare.com
Best news
Rosen Law Firm announces securities investigation into Ripple and XRP
https://ambcrypto.com/rosen-law-firm-announces-securities-investigation-into-ripple-and-xrp/
Tron (or Tronix), another promising platform running to catch Ethereum.
Some people claim it has potential and given its recent Bittorrent acquisition, partnerships (HummingPay) and the announcement of Raybo, the Chinese blockchain giant being a Super Representative candidate, they may be right!
Source: cryptopanic.com
Source: cryptocompare.com
Best news
Tron [TRX] announces Raybo as a Super Representative candidate, network grows
https://ambcrypto.com/tron-trx-announces-raybo-as-a-super-representative-candidate-network-grows/
The Bitcoin silver is even more undervalued at the moment. It is the 9th coin per blockchain activity and still has a reputation among investors and experts. Just recently, a new very interesting project has emerged which would render possible to send and receive LTC via Telegram and SMS!
Source: cryptopanic.com
Source: cryptocompare.com
Best news
Lite.im Makes Litecoin (LTC) Available Via Telegram And Text Messages
https://ethereumworldnews.com/lite-im-makes-litecoin-ltc-available-via-telegram-and-text-messages/
Thank you for reading this far!
If you have read the previous market report, it was a bit different.
I am trying to have it in a more text-based rather than infographic format and I am also pulling screenshot which tell a little bit more about the sources being used by the bot.
Of course the above is not investment advice. Trading and investing in cryptocurrencies is still a risky game and you do it at your own risk. Always invest what you can afford to lose.
Let me have your feedback!
- Do you wish to know more about the technical details and calculations of the software?
- Do you want me to stop this annoying fantasy gibberish story telling and switch to the boring plain every-day language?
- Did you prefer the info-graphic version, with more impact but less information (screenshots)?
