• Enigma has a bullish short-term bias, with the cryptocurrency moving back towards its current 2019 trading high
• The four-hour time frame shows that a bullish pattern is now in the process of forming
• The daily time frame highlights an inverted head and shoulders pattern with a large upside projection

ENG is holding strong following the release of the second testnet for the “Secret Contract” Blockchain last month.

History is full of cautionary tales, provided by inept governments attempting to limit economic activity. While limiting commerce seems to come instinctively to some politicians,  the gradual rise of prosperity appears to be linked to the expansion of economic freedom. In other words, prosperity and freedom seem to go hand in hand.

The Heritage Foundation, a conservative think tank based in Washington, D.C., produces an annual Index of Economic Freedom. The index ranks countries along a spectrum of free, mostly free, moderately free, mostly unfree, and repressed.

According to recent analytics performed by The TIE, Africa’s Twitter sphere is feeling very bullish about Bitcoin. The continent is home to several businesses finding ways to use digital assets, so it’s no surprise that many would be optimistic about the virtual currency.

As for South America, well…they’re less enthusiastic.

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Cryptocurrency exchanges are navigating uncharted waters, but new regulatory guidelines could help these businesses reach land. The two leading U.S. regulators, the SEC and Financial Industry Regulatory Authority (FINRA), have released a joint statement on broker-dealer obligations for digital assets, clarifying some of the rules that apply to cryptocurrency exchanges.

Are you getting bored of your 9-5? Ripple Labs is hiring….but you might need to relocate. Faced with increased competition from the likes of Facebook and JPMorgan, the company behind XRP is seeking new talent in its quest to dominate the international settlements game.

SIMETRI Research, an institutional-grade digital asset evaluation product created by the research team at Crypto Briefing, will be added to CoinMarketCap – the largest crypto-focused website on the planet with over 78 million views per month.

ShapeShift has had an interesting year. The last time Crypto Briefing covered them, the Denver-based company had tussled with the Wall Street Journal before introducing a  soon-to-be mandatory membership program.

The non-custodial exchange had always prided itself for its anonymous peer-to-peer trading platform, but as of last October, users must now provide know your customer/anti-money laundering (KYC/AML) data.

The USD Coin (USDC) is an open-source cryptocurrency stablecoin with a value tied to the US Dollar. It was launched in 2018 and is backed by the CENTRE Consortium, a partnership between Circle and Coinbase, two well-funded and well-known cryptocurrency brands.

EOS is just over a year old, but it has rapidly risen to prominence as one of the leading platforms for developing distributed applications. Unlike proof-of-work blockchains like Ethereum, EOS has a slightly different model: the system relies on 21 high-powered block producers to drive its network, providing maximum efficiency and performance speed.

One of the world’s leading financial trading firms says that clients have become more interested in cryptocurrency, ever since Facebook announced its entry into the space.

CMC Markets, which has approximately 80,000 clients worldwide, says it has seen the number of inquiries about digital assets increase significantly since about mid-May.