• Ethereum has a bearish short-term bias, with the ETH / USD pair still trading below its 200 period moving average on the four-hour time frame
• The four-hour time frame shows that a bullish breakout has taken place from a triangle pattern
• The daily time frame shows that the ETH / USD pair is now against the neckline of a large head and shoulders pattern

Ethereum has a bearish short-term trading bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame.

Coinmarketcap observers may have noticed a newcomer in the top 30 list recently. V-Systems, the latest project by Sunny King, has risen to a cap of over $400 million.

V Systems (VSYS) is currently sitting at 28th spot by market capitalization, after rising eightfold since March. That’s an impressive gain for a project that only launched late last year.

If you’re trying to launder money, don’t use Bitcoin. Elliptic, a British company providing blockchain monitoring solutions for regulatory compliance, has teamed up with researchers from the MIT-IBM Watson AI Lab to create a public dataset of legal and illegal Bitcoin transactions. Because each bitcoin fragment can be tracked through the blockchain, the new dataset will allow almost anyone to identify coins which came from illicit sources.

One of the largest providers of global money transfers is ready for cryptocurrency. MoneyGram, which ranks just behind Western Union in cross-border transfers, is now ready to use Ripple’s xRapid network, which uses the XRP currency.

Cryptocurrency investors may proceed with a class action lawsuit against Chase Bank, after a New York federal judge decided against the bank’s motion for dismissal. Originally filed in April 2018, the plaintiffs accuse the bank of charging undisclosed fees by categorizing their crypto purchases as cash advances, which are far more expensive than standard credit card purchases. The situation persisted for 10 days, with the bank simply blocking cryptocurrency transactions afterwards.

If you’re planning a double-spend attack on Bitcoin, you’d make more money investing in lottery tickets. New research indicates that the Bitcoin (BTC) network is now more secure than ever before.

Analysts from crypto-asset investment firm ID Theory have calculated that Bitcoin’s Proof-of-Work Equivalent Days – which measures the resilience of PoW blockchains- hit a record high in late June, following seven months of near-uninterrupted growth.

Binance is in for a rocky couple of months as it prepares to restrict access to U.S. citizens. Although an American subsidiary is on the way, removing the world’s largest economy is bound to affect the exchange’s order books, especially for smaller-cap coins with a strong U.S. following.

• Zilliqa has a bearish short-term trading bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame
• The four-hour time frame shows that the ZIL / USD pair is attempting a bearish breakout from a wedge pattern
• The daily time frame continues to show a bearish technical breakout in action

Zilliqa has a bearish short-term outlook, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame.

• Bitcoin Cash has a neutral short-term bias, with the BCH / USD pair trading towards its key 200-period moving average on the four-hour time frame
• The bearish head and shoulders pattern on the four-hour time frame has now reached its full downside projection
• The daily time frame continues to show the BCH / USD pair trading within a rising wedge pattern

Bitcoin Cash has a neutral short-term trading bias, with the BCH / USD pair testing towards its 200-period moving average on the four-hour time frame.

• Monero has a bearish short-term trading bias, with the XMR / USD pair trading below its key 200-period moving average
• The four-hour time shows that the XMR / USD pair is trapped within a triangle pattern
• The daily time frame shows that a bearish head and shoulders pattern is currently in play

Monero has a bearish short-term outlook, with the cryptocurrency still trading well-below its key 200-period moving average on the four-hour time frame.