• Holo has a neutral short-term outlook, with the cryptocurrency consolidating around key technical support on the four-hour time frame
• Bearish patterns are starting to build across the four-hour and daily time frames
• The HOT / USD pair continues to trade above its key 200-day moving average on the daily time frame

Holo has a neutral short-term trading bias, with the HOT / USD pair consolidating around its 200-period moving average on the four-hour time frame.

Imagine for a moment that Craig Wright truly is who he says he is; the inventor of Bitcoin. Imagine you are one of the few who, despite the evidence against his many rambling arguments, believe he truly is the creator of this revolutionary monetary system, now rejected by its creator because it has been used for “bad things”.

Readers of a certain age will remember a time when banks could increase your wealth, as well as store it. If you’re old enough to remember when Pokemon was just a card game, you might also remember a wise grandparent or uncle telling you to put your allowance in a high-interest savings account, where it could compound at four or even five percent per year. Back then, a meager allowance could become a decent bankroll by the time you reached adulthood.

Blockchain governance is, essentially, the means by which changes are proposed and implemented on a blockchain platform. This comes with a challenge: a wide variety of participants must be given a say in those changes, and powerful parties must not be given too much control – at least, that’s the blueprint for decentralization, though it doesn’t always work that way.

There are three broadly-delineated governance models that are competing to solve the problems around necessary governance and the philosophy of decentralization, and this is an overview of how they work.

As the Bitcoin bull market surges on, other projects are ever more aware of the fundamental appeal that BTC has: scarcity. There will only ever be 21 million coins in circulation, and Bitcoin’s inflation is set to become lower than the US Federal Reserve after the halving. 

With TrustToken releasing its Hong Kong dollar-backed stablecoin, TrueHKD, the cryptocurrency industry bears witness to yet another fiat-pegged digital asset.

TrustToken’s own stable now includes blockchain versions of the USD, CAD, AUD, and GBP. The HKD is now added to that list, as announced in April. Does yet another stablecoin bring anything new to the ecosystem?

EOS has been wracked by issues of governance and centralization during its first year of existence. However, the most pressing issue is a simple one: vote buying. The community is searching for solutions, and now, Dan Larimer, the CTO of Block.One, has proposed a radical fix―which ironically involves encouraging people not to vote.

• Ethereum has a bullish short-term trading bias, with the ETH / USD pair still holding above major support on the four-hour time frame
• The four-hour time frame shows that the bullish invalidation target has been fully achieved
• The daily time frame shows that the recent rally has created an even larger bullish pattern, suggesting upside potential increasing to $600.00

Ethereum has a bullish short-term outlook, with the cryptocurrency testing still holding above critical support on the four-hour time frame.

• Zcash has a bullish short-term trading bias, with the cryptocurrency bouncing sharply from key technical support
• The four-hour time frame highlights that momentum has shifted to the upside
• The daily time frame shows that the ZEC / USD pair is consolidating above the neckline of a large bullish pattern

Zcash has shown a positive price trend during the last few days.

• NEM has a neutral short-term-term bias, with the cryptocurrency yet to find a direction
• The four-hour time frame shows that the XEM / USD pair is trapped within a neutral wedge pattern
• The daily time frame continues to show price trading inside a sideways price channel

NEM is gaining momentum ahead of its Catapult upgrade.