Bitcoin mining currently consumes more electricity than the entire country of New Zealand, according to a new report. But the cloud has a green lining: researchers determined that much of that electricity comes from renewables, indirectly subsidizing environmentally-friendly sources.

• Zilliqa has an increasingly bullish short-term trading outlook, with the cryptocurrency probing towards the April high
• The four-hour time frame now shows a valid bullish inverted head and shoulders pattern
• The daily time frame is showing that the ZIL / USD pair is testing towards the top of its yearly price range

Zilliqa has an increasingly bullish short-term outlook, with the cryptocurrency testing towards the April 2019 trading high.

• Tezos has a bearish short-term bias, with the XTZ / USD pair trading below its 200-period moving average on the four-hour time frame
• The four-hour time frame continues to show a bearish head and shoulders pattern
• The daily time frame shows that price is testing the neckline of a large inverted head and shoulders pattern

Tezos has a bearish short-term bias, with the XTZ / USD pair trading below its key 200-period moving average on the four-hour time frame.

• 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.