• GXChain has a bullish short-term bias with the cryptocurrency advancing to a new all-time high
• The GXC / USD pair has performed a major bullish breakout on the daily time frame
• Technical indicators across both time frames are starting to appear overstretched

Fundamental Analysis

The blockchain is building another gateway to the world of real estate. The National Association of Realtors has just announced an investment in Propy, a Silicon Valley startup which is best known for its blockchain-based platform.

The partnership is expected to help advance Propy’s long-term goal of creating a blockchain network for real estate ownership and records. The company made headlines last year for the sale of an sixteenth-century Roman mansion associated with the Hilton family.

• QTUM has a bullish short-term bias, with the QTUM / USD pair now trading above its 200-period moving average on the four-hour time frame
• The four-hour time frame now shows a bearish head and shoulders pattern
• The daily time frame shows a large inverted head and shoulders pattern

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

• NEO has a bullish short-term outlook, with the cryptocurrency recovering above its 200-period moving average on the four-hour time frame
• A large inverted head and shoulders pattern has formed on the four-hour time frame
• The daily time frame is also showing a large bullish pattern

Fundamental Analysis

Last week, NEO developers upgraded their network’s mainnet consensus nodes, including the core consensus protocol. The updated delegated Byzantine Fault Tolerance (dBFT) consensus mechanism is designed to provide strict one-block finality, a challenge both in terms of technical specification and research. 

The new features are expected to reduce the need for network maintenance and downtime, as well as their impact  on the running processes of decentralized applications.

Quoine (pronounced “coin”) is a cryptocurrency fintech firm that created the Liquid platform. This Ethereum-based blockchain makes it easier to cash out cryptocurrency coins to fiat cash by compiling orders and prices from multiple exchanges into one world book. Qash (QASH) is the proprietary ERC-20 token used by Quoine’s Liquid platform.

Have you ever wanted to be a big-time exchange owner like Brian Armstrong or Changpeng Zhao? Well, today could be your lucky day: for the price of a small London flat, you can own your own digital asset exchange.

VeenPool Technologies, a UK-based cryptocurrency solutions provider, is selling an off-the-peg, fully-developed trading platform to the highest bidder. The exchange is currently known as ‘EzoPay,’ but VeenPool can reskin it to meet the buyer’s requirements at no extra cost.

Last week Block.one confirmed the launch of an EOS-based social network. Having purchased over $20 million worth of RAM prior to the announcement, pundits had already guessed the company was up to something big.

Bitcoin mining currently consumes more electricity than the entire country of New Zealand, according to a new report. But the cloud has a green lining: researchers determined that much of that electricity comes from renewables, indirectly subsidizing environmentally-friendly sources.

• Zilliqa has an increasingly bullish short-term trading outlook, with the cryptocurrency probing towards the April high
• The four-hour time frame now shows a valid bullish inverted head and shoulders pattern
• The daily time frame is showing that the ZIL / USD pair is testing towards the top of its yearly price range

Zilliqa has an increasingly bullish short-term outlook, with the cryptocurrency testing towards the April 2019 trading high.