This writeup clearly show what is being going on behind the scenes and afterward, the blame is always on hardworking bounty hunters who put resources, energy, time and money together to make project a success. An additional advantage of hunters that Bounty Managers and project managers are not aware of is that hunters in most cases are also investors. They often invest, contribute financially to the ICO/IEO once they see the prospect of project is good one. But bad decisions from projects always cause the down fall. Next after that is a blame game and hunters are always at the receiving end. I can only hope that we have transparency to reveal who is really the bad actor.

Cardano Ousts Tezos, Breaks Into Top 10 Following 20% Rally




Cardano has been one of the best performers in recent days. And with expectations over the top on where prices are headed about a month, the coin is already delivering. During the weekend, the digital asset has risen by more than 20%. This rally saw the digital asset break above the $0.082. Coming into the weekend, Cardano was trading for just over $0.064 and was in the $0.052 range early last week.

Its weekend gains have been marked by a return to the top ten rankings after successfully ousting Tezos from the tenth spot. At the time of writing this, the Cardano’s market cap stands at $2.1B.

The bulls look set to break the $0.1 resistance before meeting major resistance and falling back. But its pullback is just a breather, Cardano is primed for greater gains with investors confident with the project now more than ever.

Its most recent gains began with Charles Hoskinson’s date announcement for the launch of Shelley Mainnet. This launch has taken years of meticulous planning and development. Through these developments, the Cardano team, led by Charles Hoskinson has been open, giving timely updates, and for they have countlessly been praised by Weiss Ratings. The firm most recently rated the project as ‘Excellent’. Investors now expect the most technologically advanced financial platform.

As we reported, Charles has given the expected date for the full launch to begin on June 31st with fixes running through the month of July.

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Bitcoin Steady at $9.5k as Analyst Predicts Price Breakout Before June



After a significant 2-day 10% rally towards $9,630, Bitcoin has been under healthy consolidation for the past two days. The bulls are looking at the daily 12-EMA for support but Bitcoin is still almost $200 away from the level. The increasing bull volume followed by a decrease in volume during the consolidation indicates the bulls are likely going to see a continuation in the next 24-48 hours.

If they are able to break the last $9,630 lower high of the daily equilibrium pattern, we are going to see Bitcoin attempting to break $10,000 again. A break of the equilibrium pattern will most likely be strong enough to get Bitcoin above $10,000 and possibly touch $11,000.

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The Last Time This Trend Occurred, Bitcoin Rallied To $20,000. It’s Back Again




Bitcoin and the crypto market, in general, have been performing rather well over the past few days. On Thursday, the OG crypto soared to $9,500, shrugging off the criticism projected by Goldman Sachs investment bank.

The bitcoin rally appears to have cooled off for now as BTC hovers around $9,545 at the time of publication. However, a particular trend that happened right before bitcoin spiked to a whopping $20,000 in 2017 just happened once again.

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CZ Believes Bitcoin’s Supply Is Running Out Amid Rapidly Growing Institutional Demand



Grayscale has been hitting the crypto news headlines of late. Apparently, this firm has been on a buying craze for Bitcoin since the halving, and people are taking note of this.

Not Even Enough For One Buyer

Binance CEO Changpeng Zhao is one of the latest characters to take note of the buying offensive by Grayscale. In a tweet, CZ acknowledged that, indeed, Grayscale has been buying more BTC than is actually being mined. CZ shared a tweet with details of the amount of BTC mined as opposed to that bought.

Turns out, there have only been about 12,337 BTC mined since the halving. But Grayscale is said to have bought around 18,910 BTC within the same period. Technically, Grayscale could have bought all the Bitcoins mined since the halving and still not reach its buying target. Indeed, the investors buying Bitcoin through Grayscale may have actually seen its

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Ripple CEO Calls On US Regulators To Embrace Digital Currencies As Nation Falls Behind China On Crypto Innovation




Ripple CEO Brad Garlinghouse has once again called on the United States regulators to step up and “lean into digital currencies” as the nation is falling behind China in terms of crypto innovation.

Notably, China has continued with the development of its central bank digital currency, to the extent of conducting real-world pilot tests on the CBDC. As ZyCrypto previously reported, these trials will involve partners like McDonald’s, Subway, and Starbucks and will be carried out in four of China’s major cities.

The USA, on the other hand, has not even given clear guidelines regarding crypto regulation so far and has also put aside the development of a digital dollar. This goes to show that China is light years ahead of the US in the development of digital currencies.

Garlinghouse warns that this complacency will only set the US back while China gets all the glory.

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Bitcoin’s $9k Bounce Could Falter if Bulls Fail to Break This Price Level




Bitcoin bulls have once again defended the $8,800 support. After doing so last week, there was an expectation that another run at it would end with Bitcoin breaking beneath.

The bull’s effort has not only been awarded with the support holding but also with a bounce-back above $9,000 and into the $9,150 levels. This is the range that the bulls have been struggling with as they attempt to break above and set it as higher support.

With the asset already stalling and struggling with daily low volume, it’s clear Bitcoin is still not ready to break out and could easily slump back.

The $8.8k level short term buyers will be keen to see if Bitcoin breaks above $9,200 and attempt a retest of $9,400. If Bitcoin fails to break this, it is set to remain in range and possibly pull back to the $8,800 lows again as short term traders cash in.

For most analysts, they still expect lower lows despite the fresh bounce. The two crucial supports under $8,800 are $8,500 and $8,200. From these, we can expect further accumulation before a move higher. While Bitcoin continues to show hesitation, some investors are beginning to look at altcoins. Developments around some top coins hold much promise for a rally in the coming weeks and at their current levels, they are at a discount.

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