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Enjin Coin Price Gains Another 20% as Bullish Momentum Returns

Due to all of the rather uneasy cryptocurrency market momentum in place right now, it remains to be seen how things will unfold over the next few hours and days. While there is some excitement in certain markets, the top currencies are rather disappointing right now. The Enjin Coin price, which recently saw a major value surge, is still going strong as of right now. Enjin Coin Price Resumes its Uptrend.No one will be too surprised to note some altcoins succeed in noting strong gains whereas the majority of the top coins are struggling. While projects such as Enjin Coinwould certainly benefit from bullish Bitcoin price momentum, it seems they can effectively move on their own as well. That is part of what cryptocurrency so interesting right now, as one never knows where the next batch of profits might come from……

Source: Enjin Coin Price Gains Another 20% as Bullish Momentum Returns

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The Crosscurrent Movement of Central Banks towards Stable Coins

According to Stablecoinindex, The Total Market Cap of the current renowned stable coins are up to USD9.32bn, with this number not even including all of the fiat-collateralized stable coins such as USDC, X8X, etc. Since the end of 2018, various firms are turning their focus to stable coins, voicing their opinions towards central banks who have remained pretty pessimistic towards their introduction. The Central Bank of Korea: “Stable Coin for Korea? Still Premature!”The Central Bank of Korea recently published a report “Central Bank Digital Currency and Financial Stability”published on Feb 7th, making a very specific announcement that the issuance of the Central Bank Digital Currency (CBDC) is too much “premature”, and currently they will only be focusing on R&D………..

Source: The Crosscurrent Movement of Central Banks towards Stable Coins

Crypto Prediction: Bitcoin (BTC) If $4,000 Isn’t Inbound, Test Of $3,000 Possible

2019 is finally upon the cryptosphere, which was beaten and bruised to hell and back during 2018. And with this new year, it seems that the powers that be — the whales, Wall Street institutions, industry insiders, and purported manipulators — have collectively decided that to impose a Bitcoin price lull. In fact, a recent report from CoinDesk revealed that BTC’s volatility is down 98% year-on-year, as crypto continues to sip on the proverbial sangria…….

Source: Crypto Prediction: Bitcoin (BTC) If $4,000 Isn’t Inbound, Test Of $3,000 Possible

4 Cryptos To Focus on the Week of May 28, 2018 (ZCL, ANON, EOS, ONT)

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The week beginning May 28 is an exciting one as it is in the period post Consensus but pre-summer announcements. The market has remained stagnant with many altcoins solely riding waves of hype and news higher. As crypto traders intend to remain one step ahead look for them to focus on cryptocurrencies like; ZCL, ANON, EOS, and ONT heading into June. May 26 through June 2 has multiple exciting deadlines quickly approaching. EOS and ONT have mainnet launches in the next seven days. ZCL has news on multiple fronts stemming from the recently announced Anonymous Bitcoin (“ANON”) fork and a new development team wanting to take over ZCL entirely………………

Read more: https://btcmanager.com/4-cryptos-to-focus-on-the-week-of-may-28-2018-zcl-anon-eos-ont/

 

 

 

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