Good Morning Platinum Crypto Traders,
Thanks a lot for your consistent support that we are getting from our blog readers and we hope that we are able to answer all your questions with in-depth explanations.
If you have any technical questions with regards to our courses or portfolio management services or even our views on the cryptocurrency market, please feel free to talk to one of our crypto experts here: 0207 193 2371 or talk to us on live chat.
Cryptocurrencies are still becoming mainstream and the talk of the town, and why should it not be?
At this moment in time we are seeing some consolidation with Bitcoin and we believe that eventually we will break through the $9,000 barrier with ease. Technically we are range bound between two very key levels.
The Bulls are in control if we break $9,074 and the bears take control if we break $8,300. We have a beautiful Platinum BTC Trade waiting to happen where you can take care of the market regardless of the trend!
If you are new to trading cryptocurrencies and would like to understand how you could make a 25% gain on the above crypto trading strategy, then book an appointment with our cryptocurrency expert TODAY and we shall take you through this live trading strategy.
WHAT’S THE RELATIONSHIP LIKE BETWEEN THE BANKING SECTOR AND CRYPTOCURRENCIES?
The Federal Reserve Bank of St Louis completed its study by assessing the control structure of cryptocurrency markets and mainstream adoption of cryptos as a form of payment. This is such a leap from where we were back in 2015.No wonder the federal reserve has been getting jitters over the last 2 years.
The federal reserve did a comparative study between Gold and Bitcoin due the finite nature of mining and found that they are both very similar. Now over the next month they are looking at the structure adoption. Will they move one step ahead towards a FED COIN? At this point it is very hard to say.
Cryptocurrencies like Bitcoin and Ethereum have become more popular as some believe they emancipate users from the current financial system by letting people exchange money online without a bank mediating the transaction and allowing user anonymity. These currencies run on blockchain technology, or an electronic database of transactions, which is said to be secure as new deals are added, stamped, and protected with a mathematical equation.
A DISCUSSION ON HOW BANKS COULD ADOPT BLOCKCHAIN
This was going to happen at some point in time as the major banks are all now adopting blockchain technology.
LATEST BANKS TO ADOPT BLOCKCHAIN TECHNOLOGY AND GO LIVE
Batavia, a blockchain-based trade finance platform founded by banking giant UBS in partnership with IBM, has conducted its first live cross-border transactions involving corporate clients.
HSBC has completed the world’s first commercially viable trade-finance transaction using blockchain, opening the door to mass adoption of the technology in the $9-trillion market for trade finance.
Almost half of the major banks in the Republic of China have adopted Blockchain technology in the last six months. Out of the 26 banks which are publicly listed in China, 12 banks have come forward by disclosing the annual filings that they have adopted blockchain applications for various uses over the last year.
The latest news while writing this article has come through straight to the desk stating that:
LG, the “Life’s Good” company that makes televisions, smartphones and other electronic appliances, is getting in on the blockchain boom. Through its LG CNS subsidiary, it has created a blockchain-powered service that provides logistics capabilities for finance, communication and manufacturing firms. The platform, called Monachain, also provides a digital wallet that allows users to conduct financial operations.
Monachain’s focus is to be a digital authentication system, followed by a cryptocurrency and a digital chain management tool. It has developed a new identification system, a decentralized identifier, enabling personal identification as well as online smart device payments. LG CNS is currently working on securing agreements with a number of banks to expand its cryptocurrency offering to a larger customer base.
Platinum Crypto Academy is here to assist you in this journey of the crypto world, and by 2020 it will be a necessity for to understand blockchain technology and cryptocurrencies, so let us make this a profitable journey for you in 2018.
WHAT DOES A CRYPTO CONSULTATION COVER?
- We take you through the basic concepts of Cryptocurrencies
- Show you how, where and when to buy them
- We will show you how we trade them live and make profits daily
- We will take you through our Million-dollar portfolio
- If you are already trading cryptocurrencies, we shall do a free assessment on your Coins for you
- We will give you a copy of Cryptonaire Weekly, which is the Number #1 place to get up to speed on the Cryptocurrency Markets. Including: Market Analysis, Trade Opportunities, Market News, New & Upcoming ICO’s.
SO HOW CAN PLATINUM CRYPTO ACADEMY HELP YOU?
As you have read, the world is shifting further and further towards Cryptocurrencies, and while the markets have been in a slight downtrend over the last week, we can now see the markets are once again pushing back, and a bull-run may once again be on the cards.
Platinum is here to help mentor and support anyone looking to profit from this life-changing currency revolution.
If you want to find out Platinum’s top pick for next week: Book a call with a Crypto Trader and we will share with you another opportunity we see coming to fruition within the next 10 days.
If you’ve booked your session above, we look forward to speaking to you soon!
Hopefully, you have enjoyed today’s article. Thanks for reading!
Have a fantastic day!
Live from the Platinum Crypto Trading Floor.
The information you’ll find in this article is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgement and perform due diligence before using the information in this article. Your success is still up to you. Nothing in this article is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. If you break the city or other local laws, we will not be held liable for any damages you incur.