One of the biggest goals for cryptocurrency is to bank the unbanked. By some estimates, one-third of the world’s population has no access to the financial system. For them, legacy banking has been an abject failure.

Most of that one-third are in the developing countries. But the legacy banking system is also creating a new class of unbanked: crypto and blockchain companies.

If 2017 was the year of the ICO bubble, then 2018 was the year of wrong predictions. Not only did Bitcoin ETFs face continuous delays, but institutional adoption remained distant, and mass adoption even more so. As for the predictions of President McAfee, well, the less said, the better.

Every time you think the craziest moments in crypto are behind you, another ghost of 2017 returns to haunt the cryptocurrency markets. We’ve already seen the improbable resurrections of BitConnect and Mark Karpeles. Now, one of the ghosts of the 2016 presidential campaign has been resurrected to help launch a cryptocurrency.

The next Bitcoin halving is less than a year away, and Litecoin’s block rewards are expected to fall within two months. These events are likely to restrict the supply of both cryptocurrencies, leading some speculators to count on the reduced supply for another bull run. In fact, given the recent run-up in price to a 12-month high of $128 at the time of writing, Litecoin halving fever already seems to have struck the market.

But, as we’ll see, those returns may not be as inevitable as some traders think.

• Zilliqa has a bullish short-term trading outlook, with the cryptocurrency still holding price above its 200-period moving average on the four-hour time frame
• The four-hour time frame continues to show a large inverted head and shoulders pattern
• The daily time frame is showing that the ZIL / USD pair is probing towards the top of its trading range

Fundamental Analysis

• Basic Attention Token has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame
• Basic Attention Token has a negative medium-term outlook, with price now creating bearish lower lows
• Bearish MACD price divergence remains present on the daily time frame

Basic Attention Token has a bearish short-term trading bias, with the BAT / USD pair now trading below its 200-period moving average on the four-hour time frame.

The cryptocurrency world is full of risks, from malicious hackers to unexpected bugs. But you’d never expect developers to hack their own users–and you’d be even more surprised if their next step was to give the stolen funds back.

The scalable distributed ledger project Fantom (FTM) has released a rough draft of their proposed governance framework. With multiple voting mechanisms, the new system is designed to encourage greater participation and consensus among the community.

Theta Network is a blockchain-based, content-delivery platform that enables high-bandwidth content delivery using decentralized technology. The current mainnet supports Samsung VR, Sliver.TV, and MBN, Korea’s largest business news outlet. In fact, the Theta Labs founding team also runs Sliver.TV and hopes to disrupt streaming video. THETA and TFUEL are the proprietary ERC-20 cryptocurrency tokens used by the network.

With the last CBOE Bitcoin futures set to expire in June, it looks like institutional interest in cryptocurrency is fading. It wasn’t long ago that there seemed to be an unstoppable wave of institutional interest heading toward the shores of crypto.  

So what happened?