Blockchain technology is continuing to make inroads into the business world, with established tech giants joining startups in seeking new applications for the distributed ledger. However, there several other ingredients are needed before this technological cocktail really starts to fizz. 

Let’s not get ahead of ourselves with “alt season” just yet.

Monero Konferenco bill itself as an opportunity to meet and greet the “privacy advocates, cypherpunks, scientists, and philosophers” who make up the Monero community.

Which begs the question: why would a privacy-focused coin host a conference, where its mysterious developers and supporters attend in person? Doesn’t that defeat the purpose of pseudonymity?

• Theta has a bearish short-term outlook, with the cryptocurrency falling below its 200-period moving average on the four-hour time frame
• The four-hour and daily time frames both show large bearish patterns
• The medium-term outlook for Theta is neutral, with the cryptocurrency now testing back towards its 200-day moving average

Theta has turned bearish over the short-term, with the cryptocurrency falling below its 200-period moving average on the four-hour time frame.

• Tezos has a bullish short-term bias, with the XTZ / USD pair trading close to the best levels of the year so far
• The four-hour time frame shows that buyers have invalidated a large head and shoulders pattern
• The daily time frame shows that the large inverted head and shoulders pattern has now been triggered

Tezos has a bullish short-term outlook, with the XTZ / USD pair still trading close to the best levels of the year so far.

• Bitcoin has started to correct lower in short-term after buying interest above the $8,000 level began to wane
• The four-hour time frame is currently showing a bearish head and shoulders pattern
• Both the four-hour and daily time frame still remain technically bullish

Bitcoin has a bullish short-term trading outlook, with the BTC / USD pair still trading above its 200-period moving average despite the large technical correction lower.

Bitcoin has surged beyond $8,000 in a dramatic shift from last year’s bear market. It is now up over 100 percent YTD. Cynics are calling it manipulation, and Twitter’s technical analysts have been calling the ceiling for the best part of two months. But is there anything fundamental driving the price movement?

Cryptocurrency markets may be mixed, but Stellar (XLM) is one of the day’s biggest winners. Prices for the lumens token rose a whopping 18% at one point, reaching over $0.14 even as bitcoin slipped back below $8,000.

Bitcoin Cash may not be The Real Thing, but that doesn’t mean it’s not going places. The controversial fork coin may now be used to book hotel stays at thousands of locations worldwide, thanks to a new partnership with the booking platform Travala.

• NEM has a bullish short-term trading bias, with the cryptocurrency advancing to a new 2019 trading high
• The XEM / USD pair has an increasingly bullish medium-term trading outlook
• The daily time frame now shows that an even larger inverted head and shoulders pattern has now been created

The XEM / USD pair has a bullish short-term trading bias, with the cryptocurrency advancing to its highest trading level since November 2018.