• Ripple has a bullish short-term trading bias, with the cryptocurrency still trading above its 200-period moving average on the four-hour time frame
• The four-hour time frame shows a bearish triple-top pattern formation
• The daily time frame continues to highlight that a confirmed bullish breakout is still underway

Ripple has a bullish short-term outlook, with the XRP / USD pair still holding price above its 200-period moving average on the four-hour time frame.

Kik isn’t the only company facing regulatory blowback. LongFin, a fintech company which drew controversy for an abrupt blockchain pivot, is now fighting allegations of fraud from the Securities and Exchange Commission.

Few cryptocurrencies can provide a long-term store of value. Some tokens are pegged to fiat, but the consistent inflation of national currencies means these are only stable for the short term.

One project seeks a more permanent form of stability. ndau is a ‘buoyant’ coin – not a stablecoin –  which is designed as the first digital asset that can maintain a steady value for the long term.

The Grin community has announced the date of its first-ever scheduled hard fork, in order to prevent the network from being dominated by specialized mining hardware. This will be the first of four scheduled system-wide upgrades during the first two years of the coin’s life.

Few crypto companies can count themselves as effective Coinbase rivals, but one startup plans to give Brian Armstrong a run for his bitcoin. TrustToken is planning to challenge Coinbase’s position as a leading entry point for cryptocurrencies.

Rafael Cosman, TrustToken’s co-founder and Head of Engineering and Product, told Crypto Briefing that his company is planning new fiat on-ramps for rival exchanges, to create additional gateways into the space.

• VeChain has a bullish short-term trading bias, with the cryptocurrency trading above its 200-period moving average on the four-hour time frame
• The VET / USD pair continues to trade close to the best levels of 2019 so far
• The daily time frame is showing that the recent bullish breakout has reached its upside target

VeChain has a bullish short-term bias, with the cryptocurrency holding above its 200-period moving average on the four-hour time frame.

• 0x has a bullish short-term bias, with the cryptocurrency trading above its 200-period moving average on the four-hour time frame
• The four-hour time frame shows a bullish ascending triangle pattern
• The daily time frame continues to show a large inverted head and shoulders pattern

0x has a bullish short-term bias, with the cryptocurrency still trading above its 200-period moving average on the four-hour time frame.

• Binance Coin has a bullish short-term bias, with the cryptocurrency still trading above key technical support
• The BNB / USD pair has bullish medium-term outlook and continues to trade above its 200-day moving average
• The daily time frame is highlighting that a valid bullish breakout is still underway

Binance Coin has a bullish short-term trading bias, with the cryptocurrency still trading above its key 200-period moving average on the four-hour time frame.

The Stellar Development Foundation has announced a new upgrade to improve the pricing and capacity of the tenth-largest cryptocurrency network.

Dubbed Protocol 11, the upgrade will change the way transactions are executed on the Stellar blockchain. In addition to improving transaction pricing and network capacity, it will also introduce improved functions for making offers on-chain.

Institutions are increasing their involvement in cryptocurrencies. In the past year, investment banks gave their clients access to digital assets, Fidelity Investments set up a trading desk and custodial solution, and endowment funds have made significant inroads.

These investors could change the sector entirely. Data and fact-driven evaluations by financial institutions could challenge some of the commonly held assumptions in the space.