SA Crypto

In Episode 12 of Market Analysis, Graeme looks at more overall bullish signs on the Bitcoin chart, but it also weary of a potential ascending wedge which often results in a spill to the downside. We also analyse the BTC market dominance, which has dipped below the 60% mark, signalling some bullish signs on the altcoins.

Follow Graeme, and SA Crypto, on Twitter and Facebook. And subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto

Graeme on Twitter: https://twitter.com/Graeme_Tennant

Watch to the video version here: https://www.youtube.com/watch?v=bstihM7wfYM&t=3s

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Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here:  

BTC address:

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Binance held its first community meetup in South Africa on Thursday evening, 06 June. Hosted by "Binance Angels", it was held at the Impact Hub in Rosebank, and produced quite a turn out!

After the meetup, James got out on the floor and spoke to some of the panelists, hosts and speakers.

 The SA Crypto Digest brings you news from Crypto industry experts in South Africa and around the world, as well as weekly market round-ups. 

Be sure to subscribe to Africa's best Blockchain newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto

Also visit our news site: www.sacrypto.co.za

And follow us on Twitter as well:  www.twitter.com/sacrypto_

 The SA Crypto Digest brings you news from Crypto industry experts in South Africa and around the world, as well as weekly market round-ups. 

Be sure to subscribe to Africa's best Blockchain newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto

Also visit our news site: www.sacrypto.co.za

And follow us on Twitter as well:  www.twitter.com/sacrypto_

 The SA Crypto Digest brings you news from Crypto industry experts in South Africa and around the world, as well as weekly market round-ups. 

Be sure to subscribe to Africa's best Blockchain newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto

Also visit our news site: www.sacrypto.co.za

And follow us on Twitter as well:  www.twitter.com/sacrypto_

Helghardt Avenant is an incredible young man. Helghardt started his Tech journey as an Industrial Engineering student at the University of Stellenbosch, where he began experimenting with Bitcoin wallet designs. This led him to pitching his product to VCs in San Francisco, which caught the attention of Tim Draper, Jesse Powell & Jed McCaleb - and he & his team attracted significant investment.

Helghardt and his team then got building on "REHIVE", a white-label software development platform for the FinTech industry. Think "Shopify for FinTech". This interview will inspire you!

You can watch to the video version of the interview here: https://youtu.be/3Z7vox387sc

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Be sure to subscribe to Africa's leading blockchain industry newsletter by entering your email address: https://mailchi.mp/5e039cf5af22/sacrypto

Stay in touch with us at:

- Twitter: https://twitter.com/SACrypto_

- SA Crypto's Facebook Page: https://www.facebook.com/SACryptoCommunity

- We're on Instagram!: https://www.instagram.com/sacryptoza

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Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here:  

BTC address:

ETH address:

In Episode 11 of Market Analysis, we look at why Graeme didn't buy BTC at $8000 (it bounced off resistance hard), and then look at the bullish charts of Ether (ETH) and Stellar Lumens (XLM) - as well as a look at Binance Coin (BNB), despite it not looking as bullish as the others.  Remember, if Bitcoin pumps, the altcoin markets will be a "no trade zone" until BTC stabilises. But while Bitcoin remains below $8100, the altcoin markets are looking interesting.

Follow Graeme, and SA Crypto, on Twitter and Facebook. And subscribe to Africa's leading blockchain industry newsletter on www.sacrypto.co.za

Graeme on Twitter: https://twitter.com/Graeme_Tennant

Watch the video version here: https://youtu.be/qsgse0hl9EM

- - - - - - - - - - - 

Be sure to subscribe to Africa's leading blockchain industry newsletter by entering your email address www.sacrypto.co.za

Stay in touch with us at:

Subscribe to our Podcast on...

- - - - - - -   

Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here:  

BTC address:

ETH address:

The SA Crypto Digest brings you news from Crypto industry experts in South Africa and around the world, as well as weekly market round-ups. 

Be sure to subscribe to Africa's best Blockchain newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto

Also visit our news site: www.sacrypto.co.za

And follow us on Twitter as well:  www.twitter.com/sacrypto_

The Binance Hack

This week’s world-shaking news, of course, centres around the Binance Hack. 7070 BTC

was withdrawn, amounting to more than $40 million during a complex hack that involved

stealing 2-factor authentication codes and API keys. During a live Twitter AMA, Binance

CEO, Changpeng Zhao, addressed the increasingly concerned crypto community, and

assured everyone that emergency measures were in place.

CoinTelegraph featured this story https://cointelegraph.com/news/binance-ceo-addresses-

concerns-live-after-40-mln-btc-hack-rejects-blockchain-reorg-idea

BTC Busts Out

Hacks aside, it’s been a great week for BTC, as bullish developments led it towards breaking

that famed $6000 threshold. And, as of Thursday this week, that beautiful moment we’ve all

been waiting for happened.

Techcentral has more on this bull of a story

https://techcentral.co.za/bitcoin-soars-above-6-000/89420/

Could Facebook Coin Be The Catalyst For Mass Adoption?

If crypto adoption rates are soaring, imagine just how much more they will, when Facebook

Coin hits our newsfeeds? Spencer Bogart, General Partner at Blockchain Capital, in a

recent with Bloomberg, called Facebook Coin a “potential gateway drug” that ushers

in new entrants to the cryptocurrency space.

Read More on Coingape

https://coingape.com/facebook-coin-gateway-drug-cryptocurrency-bitcoin/

What Else Is Happening:

● Fidelity is set to launch its own crypto trading service

https://www.newsbtc.com/2019/05/06/institutions-inbound-fidelity-set-to-

launch-crypto-trading-service-as-interest-in-markets-flourishes/

● Bitfinex might be in trouble, as revealed in massive net outflow during last

month https://www.newsbtc.com/2019/05/08/trouble-bitfinex-posts-record-

high-net-bitcoin-withdrawals-in-april-2019/

● A new survey has revealed that nearly half of institutional investors feel

confident about owning digital assets

https://www.bloomberg.com/news/articles/2019-05-02/fidelity-survey-finds-

institutional-investors-are-eyeing-crypto

Featured Tweet:

We were lucky enough to nab an interview with the incredible Alakanani (@bitcoinlady)

during Blockchain Africa 2019. And, we were extremely excited this week to spot this news:

that her Satoshi Centre website has been redesigned! May this Botswana-based bitcoin

community centre grow from strength to strength!

The SA Crypto Digest brings you news from Crypto industry experts in South Africa and around the world, as well as weekly market round-ups.