• Ren has an increasingly bullish short-term trading bias against Bitcoin
• The four-hour time frame shows that the REN / BTC pair has performing a bullish breakout from a falling wedge pattern
• The daily time frame shows that the REN / BTC is recovering back above the neckline of a bullish inverted head and shoulders pattern

Ren has a bullish short-term trading bias against Bitcoin, with the REN / BTC pair well-supported on any technical pullbacks.

• Komodo has a bullish short-term bias, with the cryptocurrency now trading above its 200-period moving average on the four-hour time frame
• The four-hour time frame shows that bulls are trying to invalidate a large head and shoulders pattern
• The daily time frame continues to show an extremely large bullish pattern

Komodo spiked after the company announced the public beta phase

• Basic Attention has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame
• The four-hour time frame shows the presence of a bearish head and shoulders pattern
• The daily time frame highlights that a neutral triangle pattern has formed

Basic Attention has a bearish short-term trading bias, with the BAT / USD pair trading under its 200-period moving average on the four-hour time frame.

There was much fanfare when Brian Armstrong’s outfit unveiled the Coinbase Bundle back in September. TechCrunch called it a sign the famous exchange was “shaking things up” and even the market gave a faint $3bn acknowledgement to the announcement.

Verasity, the attention-based platform for video rewards, has flown Ethereum‘s coop and moved to Binance Chain. The OG smart contract platform continues to feel the heat as tokens keep migrating to more efficient platforms.

Binance, with its resources and gravitas, threatens to attract a large portion of the token economy, and the recent partnership with Verasity is yet another feather in its cap.

• Waves has a bearish short-term outlook, with the cryptocurrency under heavy technical pressure
• The four-hour time frame shows that sellers have now invalidated a bullish inverted head and shoulders pattern
• The daily time frame shows that the WAVES / USD pair is trading within a large falling wedge pattern

Waves has a bearish short-term trading outlook, with the cryptocurrency trapped around its current 2019 trading low.

• Ravencoin has a bearish short-term bias, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame
• The four-hour time frame shows that a complex inverted head and shoulders pattern is building
• The daily time frame continues to show the presence of a huge bullish pattern

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

Cryptocurrencies are usually used for monetary transactions, but they can also be used to share data. Many coins have a dedicated “memo” field, but broadly speaking, any cryptocurrency that allows custom data can also be used to exchange messages.

Messaging is a simple idea, but it can be applied in complex ways – and it also has some unexpected implications.

Yesterday’s Bitcoin (BTC) dip was short-lived, and the original cryptocurrency is now back to double-digit gains. Reports that the FCA is moving to ban all crypto-linked derivatives have barely dampened the coin’s trajectory.

After rebounding off the $9,800 support level, Bitcoin surged far above the danger zone. BTC was trading at around $11,400 at press time, 13% above its weekly low and shooting back towards the yearly high of $13,700.

Stellar has had a busy year so far. The blockchain project has established several new partnerships, suffered a troubling network outage and is soon expected to roll out a new developer-focused website.

Crypto Briefing recently had the opportunity to sit down with Lisa Nestor, Head of Partnerships at the Stellar Development Foundation, to discuss some of these topics in more detail.