Chinese speculators are borrowing in droves to take out positions in the bull market, according to one lender. BabelBank, one of the largest commercial crypto banks, has seen a significant increase in speculative borrowing.

• EOS has a bullish short-term outlook, with the cryptocurrency advancing to its highest trading level since July 2018
• The four-hour time frame shows that the bullish inverted head and shoulders pattern has now reached its upside target
• The daily time frame shows that a major technical breakout is still underway

EOS has a bullish short-term bias, with the cryptocurrency advancing to its highest trading level since July 2018.

• IOST has a bullish short-term trading bias, with the cryptocurrency recovering above its 200-period moving average on the four-hour time frame
• The IOST / USD pair has a bullish medium-term outlook, with price still trading well above its 200-day moving average
• Bulls are still struggling to ignite the large inverted head and shoulders pattern on the daily time frame

IOST has a bullish short-term trading bias, with the IOST / USD pair recovering above its key 200-period moving average on the four-hour time frame.

• Zcash has a bullish short-term trading bias, with the cryptocurrency advancing to its highest trading level since November 2018
• The four-hour time frame shows that a bullish breakout from a triangle pattern is underway
• The daily time frame is highlighting that a significant technical breakout has occurred

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

Ever wanted to become a blockchain pioneer? It might sound intimidating, but you don’t need to be a developer or a programming expert to build the foundations of a cryptocurrency ecosystem. In fact, with the latest tool from the ARK Ecosystem, even Craig Wright can do it.

The new tool is the ARK Deployer, launched today by the creators of the 89th largest cryptocurrency. According to developers, the Deployer fits in with ARK’s goals of creating an ecosystem of interoperable blockchains.

It’s just the cost of doing business in the banking world: white-collar criminals routinely walk away with huge profits after paying tiny legal penalties — not a bad profit-to-cost ratio for long-term success. And it happens all the time, with banks all over the world. You could say it’s a global phenomenon, of sorts.

Today’s Financial Times carried an interesting morsel this morning: Bitcoin (BTC) has proven to be a better store of value than the Argentine peso over the past 12 months.

As a fiat currency, the Argentine peso –  a victim of populist rule and economic mismanagement – hardly holds up to global reserve currencies. The dollar, Japanese yen and Euro still outperform digital assets, including bitcoin, as a store of value.

The emergence of a buzzing crypto tech startup scene around Zug’s Crypto Valley has given unusual blockchain projects the impetus to take big ideas to the market. As an example: the country’s biggest telecom provider, which is backed by the Swiss government, has announced Noow, a blockchain service that allows customers to access digital artworks.

The move means that millions of Swiss residents will have access to art on the blockchain via their TV.

Bitcoin (BTC) will always be a better solution for cross-border payments than XRP, according to the head of a Hong Kong-based remittance company. George Harrap, CEO of Bitspark, says that bitcoin has a clear edge because it is already globally accepted and has sufficient liquidity for established remittance companies.

Who could forget the end of 2017? A booming bitcoin price dragged the entire market up as the OG crypto tickled the underbelly of $20,000 on December 16. Cryptocurrencies were seemingly on the brink of imminent widespread adoption.

Then they fell. And fell. And continued to fall, hitting what pundits hope will be a low point in December 2018 – January 2019. Barry Silbert points to the burnout of, and sell off by, ICOs as an explanation for the mood-dampening bear market of 2018. His assertion amounts to an exit from digital to fiat currency via ICO tokens.