• Basic Attention Token has a bullish short-term trading bias, with the cryptocurrency recovering back above its 200-period moving average on the four-hour time frame
• The four-hour time frame shows that the BAT / USD pair is trading within a rising price channel
• The BAT / USD pair remains technically bearish below its 200-day moving average

Basic Attention Token has a bullish short-term trading bias, with the BAT / USD pair recovering back above its 200-period moving average on the four-hour time fram

Prediction markets are a simple concept: they allow you to bet on the outcome of various events, such as sports matches, political events, and market activity. And that’s just the beginning: you can place a bet on almost anything that you can imagine.

Cryptocurrencies and prediction markets are sometimes considered a natural fit, as gambling regulations in the United States and elsewhere are quite restrictive. In fact, it is quite hard to operate a prediction market under most circumstances.

The government of South Korea has given its approval for the city of Busan to be designated as a “regulation-free blockchain zone.” It comes after Busan was selected as the preferred bidder for the designation by the Korean Ministry of Startups and SMEs in April of this year.

Reports in the western crypto press have highlighted a statement by South Korean President Moon Jae-In, who stressed the need for “regulatory innovation” of blockchain technology. Moon also called it it “a matter of survival.”

Personal privacy is a huge problem on the internet, as evident in Facebook’s latest privacy fiasco. Companies routinely mine data on their users, from political leanings to holiday destinations and buying preferences.

The Ethereum Name Service (ENS) is one of Ethereum’s most important usability features. By default, Ethereum addresses appear as garbled text. By substituting that text for human-readable names, ENS makes it easier to interact with the blockchain.

SIMBA Chain has announced the release of a cloud-based platform which could remove the hardest barriers for dApp developers. The Smart-Contract-As-A-Service (SCaaS) solution will reduce development time for decentralized applications by automating the process of creating a smart contract, enabling developers to rapidly prototype and deploy enterprise-level dApps on Android, iOS and the Web. 

Galaxy Digital is now a licensed underwriter for registered public offerings, the company announced yesterday. Having already secured approval from the Financial Regulatory Authority (FINRA), Galaxy can now facilitate IPOs for crypto companies.

“[W]e now have the ability to finance digital asset and blockchain technology companies through their entire life cycle – from founding, through private capital raisings, to their initial public offering and beyond,” said Ian Taylor, Head of Advisory Services for Galaxy Digital.

• IOST has a bearish short-term trading bias, with the cryptocurrency still trading below major technical support on the four-hour time frame
• The four-hour time frame shows that the IOST / USD pair is holding above key trendline support
• The daily time frame continues to show a bearish wedge breakout in progress

IOST has a bearish short-term trading bias, with the IOST / USD pair still trading below major technical support on the four-hour time frame.

• Binance Coin has a bearish short-term bias, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame
• The four-hour time frame is showing that a bearish head and shoulders pattern has formed
• The daily time frame still shows that the BNB / USD pair is trading above breakout support

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

• Nano has a bullish short-term outlook, with the NANO / USD pair moving back above key technical resistance on the four-hour time frame
• The four-hour time frame shows that a bullish inverted head and shoulders pattern is forming
• The daily time frame shows that buyers have move price above the neckline of a head and shoulders pattern

Nano has a bullish short-term trading bias, with the cryptocurrency now trading back above key technical resistance on the four-hour time frame.