• VeChain has a bullish short-term trading bias, with the cryptocurrency trading above its 200-period moving average on the four-hour time frame
• The VET / USD pair continues to trade close to the best levels of 2019 so far
• The daily time frame is showing that the recent bullish breakout has reached its upside target

VeChain has a bullish short-term bias, with the cryptocurrency holding above its 200-period moving average on the four-hour time frame.

• 0x has a bullish short-term bias, with the cryptocurrency trading above its 200-period moving average on the four-hour time frame
• The four-hour time frame shows a bullish ascending triangle pattern
• The daily time frame continues to show a large inverted head and shoulders pattern

0x has a bullish short-term bias, with the cryptocurrency still trading above its 200-period moving average on the four-hour time frame.

• Binance Coin has a bullish short-term bias, with the cryptocurrency still trading above key technical support
• The BNB / USD pair has bullish medium-term outlook and continues to trade above its 200-day moving average
• The daily time frame is highlighting that a valid bullish breakout is still underway

Binance Coin has a bullish short-term trading bias, with the cryptocurrency still trading above its key 200-period moving average on the four-hour time frame.

The Stellar Development Foundation has announced a new upgrade to improve the pricing and capacity of the tenth-largest cryptocurrency network.

Dubbed Protocol 11, the upgrade will change the way transactions are executed on the Stellar blockchain. In addition to improving transaction pricing and network capacity, it will also introduce improved functions for making offers on-chain.

Institutions are increasing their involvement in cryptocurrencies. In the past year, investment banks gave their clients access to digital assets, Fidelity Investments set up a trading desk and custodial solution, and endowment funds have made significant inroads.

These investors could change the sector entirely. Data and fact-driven evaluations by financial institutions could challenge some of the commonly held assumptions in the space.

Justin Sun, the founder and CEO of TRON, recently announced that he had won a meal with Warren Buffett as part of a charity auction. Sun bid $4.57 million for this lunch date, and can invite seven guests to join him.

Early bitcoin maverick Mark Karpelès is back in business, with a new technology startup. The former CEO of the Mt. Gox exchange has announced a role as CTO for Tristan Technologies Co, which seeks to develop a blockchain based operating system. 

Let’s hope this one goes a bit better than his last venture.

Blockchain is making big news in supply chains, but its true importance is hard to overstate. Walmart is the latest retail giant to join the MediLedger consortium, which is developing a blockchain-based solution for pharmaceuticals. The news was confirmed by a Walmart spokesperson, but no further details have been revealed.

• Verge has a bearish short-term bias, with the cryptocurrency trading well below its 200-period moving average on the four-hour time frame
• The four-hour time frame continues to show a large inverted head and shoulders pattern
• The daily time frame is still showing that the XVG / USD pair remains trapped within a large horizontal price channel

Verge has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame.

• Chainlink has a bullish short-term bias, with the LINK / USD pair recovering above its 200-period moving average on the four-hour time frame
• The four-hour time frame is now showing a valid head and shoulders pattern
• The daily time frame is showing that bulls have invalidated a large head and shoulders pattern

Chainlink launched its mainnet on May 31st. Although its price declined soon after the launch, fundamentally LINK remains strong.