Daily market review & Analysis August 12th

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cryptohouse.png

NEO/BTC
If the market will stay the same (bearish) in the next 24 hours, NEO is expected to drop again, we may place a sell order just below the triangle. Despite the great potential, it seems that the market is stronger than any kind of tech-theory.
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GNT/BTC
If you believe in a project for the long-term, all you need to do is to find entry points during the process.
Golem seems to be a great project but the market is doing bad, it can be the reason for its low price.
golemgolem.png

Market review- highlights

  • FinCEN Director: Agency Receives 1,500 Suspicious Activity Reports on Crypto per Month Link
  • This is how Elon Musk Could Use Crypto to Take Tesla Private. Link
  • British Virgin Islands Crypto Market Is Second Largest In The World. Link
  • Another US City Imposes a Moratorium on Crypto Mining.Link
  • Britain Loses $2.5 Million in Crypto-Related Scams this Summer. link
  • Major Crypto Exchanges Moving Into Fiat Trading. Link
  • John McAfee and TokenPay CEO Crypto Adoption Debate Interview Recap. link
Daily market review & Analysis August 12th | Ecency