Win $100 in CryptoComes Retweet Giveaway

CryptoComes announces a retweet contest
Win $100 in CryptoComes Retweet Giveaway

CryptoComes is a news platform that covers the crypto industry and community, Blockchain, AI and all new generation tech. Keeping you tuned to the latest, we also run price analyses and forecasts, reviews, opinions, interviews, feature stories and investigations.

By retweeting our stories, you help journalism that is built upon accuracy, impartiality, independence and accountability.

CryptoComes announces the retweet contest. The first prize winner gets the equivalent of $100 in Bitcoins, there are two other prizes of $50 each.

The contest period

The Contest begins on May 21, 2018, and ends on June 20, 2018, 2 p.m. UTC.

How to enter

1. Follow the CryptoComes Twitter account.

2. Retweet this tweet.

The winners selection

On June 20, 2018, at 2 p.m. UTC, the winners will be chosen randomly via TWrench.

We will announce the winners at CryptoComes Twitter with a screenshot from TWrench.

Our prizes

1st prize: $100 in BTC equivalent

2nd prize: $50 in BTC equivalent

3rd prize: $50 in BTC equivalent

Good luck!


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Central Banks — One Step Closer to Creating Crypto?

IMF Chief said in a speech that central bank digital currencies (CBDC) could be a good solution to some of the problems faced by the banking sector
Central Banks — One Step Closer to Creating Crypto?

IMF Chief Christine Lagarde said in a speech that central bank digital currencies (CBDC) could be a good solution to some of the problems faced by the banking sector. This is good news and was followed up by three central banks with propositions to use CBDC for cross-border payments.

Central banks in Canada, Singapore, and the UK issued a report, noting that various CBDC models could be used to overcome various problems such as going through multiple intermediaries and other time-consuming hurdles. If this comes to fruition, it remains to be seen how it will affect the current crypto market.

Charts at a Glance – BTC/USD

Charts at a Glance – BTC/USD

After dropping to a low of 5188 against the US Dollar, Bitcoin showed rejection at around 5200 by printing two 4-hour candles with massive wicks in their lower part. This is a sign that the sell-off may come to an end or at least that 5200 is strong support for now.

The Relative Strength Index is deep in oversold territory (below its 30 level), which is a fact that, combined with the support at 5200, could push the pair higher. Currently, one BTC is worth 5,540 US Dollars; the next level of interest is located at 5800, so it’s not such a big distance to travel and could be reached over the weekend.

Support zone: 5200 as technical support and 5000 as a psychological level

Resistance zone: 5777 - 5800

Most likely scenario: bounce higher, with 5800 as the target

Alternative scenario: new attempt to break support (5200)


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