Cryptocurrency Market Analysis [August 20 Issue]
＊The article is an excerpt from a paid article.
Bitcoin fell again last week to the 1,000,000 yen line
and rose from there to 1,100,000 yen
at the most recent point.
Bitcoin daily chart
This is the fourth time in total that it has approached the 1,000,000 yen line
by falling to that line.
In FX and similar markets, touching the line many times like thisoften leads to a break eventually.
Therefore, in the fourth drop, will it possibly break the 1,000,000 yen line?
I was thinking so.
[Concerns about Ripple]
Are rising]
In fact, concerns about Ripple were rising.
At one point Ripple fell below 30 yen,
but now has recovered back to the 30-yen range.
is happening.
Coyle Corporation will use this XRP to advance its business,
but to obtain funds
XRP must be sold,
so to raise funds
they will sell XRP
-> Ripple’s price will drop
which investors will see as unfavorable.
Therefore Ripple has been described as temporarily being sold down.
If Ripple Labs were to donate XRP that it owns—rather than what it holds in its own possession—
and if that is bought on the market as donations
then the overall balance would be even,
but if Ripple Labs donates what it holds, it would create selling pressure
and a negative image for Ripple holders.
would occur.
[Cosplay Token is rising]
The surge continues
A special edition email was sent yesterday
indicating that Cosplay Token is rising
and it has continued to rise.
Today it rose to 8 yen
as well.
Here is the chart
How to view the price is as follows:
0.00015 → 3 yen (ICO price)
Therefore, yesterday and today it rose to 0
.
which means a threefold increase in one day
which means.
I placed bids at 0.0003, 0.00035, 0.0004
and just left them there, so
they were filled.
The Angelium Wallet is
Distributions
Operating since July 3
Status of Angelium Wallet
(as of Aug 19)
・Total distributions 48,088 yen
・Today’s distribution 852 yen
Distributions come from the price of
Ethereum held as deposits
will be distributed
About Angelium
here
https://bitcoin-newstart.com/angelic-ico
Official wallet is here
here.
＊If you are considering investing,
please proceed with risk in mind, using disposable funds
Please proceed while keeping this in mind.
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