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During the past week, DigiByte went sharply down and lost to Bitcoin more than 50% while moving from 160 satoshi down to 70 satoshi. But it found the support at 127.2% Fibonacci retracement level applied to the last corrective wave up which is 83 satoshi. Although price spiked down lower and rejected the downtrend trendline, it recovered quickly and broke above the downtrend trendline.Current corrective wave down is showing that the 83 satoshi support is being rejected for the second time which could potentially result in a trend reversal for DGB/BTC.
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The world’s eyes are on Zimbabwe, watching a coup d’état unravel 37 years of Mugabe’s reign. As uncertainty in the country over the takeover reached a climax, Zimbabwe’s Bitcoin exchange saw prices reach nearly double those on the global market.Bitcoin’s popularity in Zimbabwe is in large part due to a scarcity of US dollars, which were adopted as official currency in 2015 after the disastrous hyperinflation of the Zimbabwean Dollar.
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IOTA has solved the fundamental problems of blockchain, because it is scalable and does not cause any costs. The problem is, that this payment system only works if cryptocurrencies are compatible with each other, because IOTA does not have blocks and chains.
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TWITTER
Bitcointalk username:Serega Smile
Twitter post:https://twitter.com/SOHEuiCV21ixhCU/status/935102002794848256
Twitter account: @SOHEuiCV21ixhCU
Twitter followers:2152
Telegram username:@sergcrypto
Bitcoin address:16RDWUAtYopnp7CRSjYLei9dYvppkteLRh
Retweets:
1:https://twitter.com/hdactech/status/938794800366673922
2:https://twitter.com/hdactech/status/939087794840002560
3:https://twitter.com/hdactech/status/937854087906738176
Tweets :
1:https://twitter.com/SOHEuiCV21ixhCU/status/938795479302893568
2:https://twitter.com/SOHEuiCV21ixhCU/status/938797669618724865
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Due to the recent hype of Bitcoin earlier this week, Litecoin (LTC) has reacted with a massive run of its own. The cryptocurrency is now approaching a 100 percent price increase just 24 hours after Bitcoin cooled down.The price of Litecoin is quickly heading for $200 USD, marking LTC as the sixth largest market capitalization at almost $9 bln.Litecoin’s creator, Charlie Lee, has maintained a supportive attitude toward Bitcoin, and it’s logical to suggest that Litecoin will not stray from its role anytime in the near future.
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Ethereum is suddenly up by around $100 in the past two days, rising to its all time high of $518 once again, with the currency currently settled at around $500.One reason for this movement may be what some jokingly call trickle down cryptonomics. That is, the stupendous bitcoin bull will eventually find its way to other digital currencies, like eth.While another reason might be that traders may think btc has reached the top, and if they are of that view they may perhaps be anticipating a rise in other digital currencies as that usually follows after a rise and cool down in btc.
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Micro Raiden, the Ethereum based, off-chain micropayments component of Raiden has just gone live. The aim of the project at the moment is to offer fast unidirectional payments. As it stands, it costs zero gas to transfer fees in this network. The people behind Micro Raiden describe it as an off the shelf payment channel framework.Micro Raiden is designed to help facilitate microtransactions across the Ethereum network.
The Raiden network uses its ERC-20 token called RDN. Raiden recently finished it’s ICO and received more than 100,000 ETH, with RDN tokens currently going for about $3.50.
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