• Crypto.com Chain has a bearish short-term trading outlook, with the CRO / USD pair trading under key support
• The four-hour time frame shows that a bearish breakout has occurred from a triangle pattern
• The daily time frame shows that the CRO / USD pair is trading in the middle of a descending price channel

CRO is attempting to hold strong by continuing to get listed in exchanges.

The Financial Conduct Authority (FCA) has today released further guidance on its position on cryptocurrencies. The UK’s chief financial regulator says it is seriously considering a complete ban on access to all crypto-linked derivatives for retail investors.

Remember when we said that the road to $15k BTC wouldn’t be smooth? Well, since then bitcoin prices hit $13,000 and then $14,000…. and then hit $11,000 before slipping just below $10k. We’re sticking to our guns: don’t fear the dips, because we’ve seen this movie before.

It’s been just under a week since Bitcoin (BTC) set a new high for the year, when it looked like the leading cryptocurrency was only a few days away from $20,000.

The UK could be heading towards an outright ban on crypto leveraged trading products and contracts for difference (CFDs), which would make it one of the first developed economies to move towards strict regulation on a growing aspect of digital asset trading.

The Financial Conduct Authority (FCA) announced in a policy statement yesterday that its about to publish a consultation paper on a potential ban on the sale of crypto derivative products to retail investors.

• Ren has a bullish short-term trading outlook against Bitcoin, with the REN / BTC pair trading at a new all-time high
• The four-hour time frame shows a series of invalidated head and shoulders patterns
• The daily time frame shows a newly created bullish inverted head and shoulders pattern

Ren is gaining momentum prior to the launch of RenVM Testnet.

• DASH has a bearish short-term outlook, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame
• The four-hour time frame shows that sellers are trying to invalidate an inverted head and shoulders pattern
• The daily time frame continues to show an extremely large bullish pattern

DASH has a bearish short-term outlook, with the cryptocurrency trading under its key 200-period moving average on the four-hour time frame.

• Bitcoin has a neutral short-term bias, with the cryptocurrency testing towards its 200-period moving average on the four-hour time frame
• The four-hour time frame shows a bearish head and shoulders pattern
• Technical indicators on the daily time frame are starting to correct from overbought readings

Bitcoin has a neutral short-term trading outlook, with the BTC / USD pair reversing back towards its 200-period moving average on the four-hour time frame.

Bitcoin prices may be headed for another dip, but the network is continuing to grow. Miners on the largest blockchain network reached a new all-time high for network security, with 68,631,992 Terahashes per second. 

Cosmos (ATOM) is a decentralized ecosystem of independent blockchains that its creator, All In Bits Inc (dba Tendermint Inc), hopes is the foundation for the next generation of internet technology. Instead of participating in divisions between crypto factions, Cosmos brings them all together, enabling interoperability, currency exchanges, and an Internet of Blockchains (IoB).