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Major Retailers Flirt With Crypto Payments

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Welcome to the 36th issue of the QUANTAMIZE WEEKLY CRYPTO RECAP, your weekly roundup of all the crypt
 

Quantamize

March 8 · Issue #36 · View online
Quantamize Cryptocurrency Weekly Recap

Welcome to the 36th issue of the QUANTAMIZE WEEKLY CRYPTO RECAP, your weekly roundup of all the crypto news you need to know. At Quantamize, we are seeking to level the playing field for individual investors with AI-powered Multi-Factor models across multiple asset classes, including Cryptocurrencies. If you have any feedback on this weekly report please send us a note at suggestions@quantamize.com.

Every day at Quantamize, we track the top stories that affect cryptocurrencies and the emerging blockchain ecosystem. At the end of the week, we review all the news to give you a clear picture of what was most important.


Quantamize Weekly Crypto Recap
Quantamize - Weekly Crypto Recap March 8, 2019
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The Week in Review
Cryptocurrencies are set to finish the 7-day week ending Friday, March 8th, 2019 broadly mixed with the price of Bitcoin edging higher by 1.88% since last Friday’s end of day to USD$3,936.38. Binance Coin (BNB) continued its trend of outperforming the broad market this week, soaring 21.70% since last Friday’s end of day to USD$14.16 – the major coin is now the 7th largest cryptocurrency by market capitalization after rallying over 236% from its December 2018 low! Litecoin (LTC) also had a stellar week, appreciating 18.2% from last Friday’s end of day to USD$56.56.  

Cryptocurrency news this week is headlined by eToro, an exchange and social media platform boasting over 10 million unique users, who announced the rollout of crypto trading services for US users in 31 states. Also this week, following an equity deal between Starbucks and US-based crypto trading platform Bakkt, an unnamed source cited by The Block claims that the global coffee giant could be set to begin accepting crypto payments at its retail locations. Major US retailer Kroger may also be considering crypto payment integration after the company announced it would no longer accept Visa at some locations due to high fees. According to tweets by Morgan Creek Digital Assets founder Anthony Pompliano, the two parties are in talks about Lightning Network integration at some Kroger retail locations.  

Of the 30 cryptocurrencies we model using AI and Machine Learning, 7 are positive for the week. Currently, 16 cryptocurrencies modeled by our Machine Learning algorithms are rated as “Buy”. Nearly all of these models have accuracy scores above 60%!

If you’re a cryptocurrency trader, Quantamize’s AI Machine Learning 3-Day Crypto Trading Signals were updated three times this week, most recently today. We model 30 cryptocurrencies and produce directional “Buy”/“Do Not Own” trading signals that help cryptocurrency traders navigate the crypto markets over the short term. You can find a screenshot of our Crypto Signals below. A few highlights include:

  • Bitcoin (BTC) –Do Not Own with an accuracy rate of 62.69%
  • Bitcoin Cash (BCH) – Do Not Own with an accuracy rate of 67.70%
  • EOS (EOS) - Do Not Own with an accuracy rate of 61.59%
  • Ethereum (ETH) – Buy with an accuracy rate of 58.53%
  • Ethereum Classic - Do Not Own with an accuracy rate of 62.75%
  • Litecoin (LTC) – Do Not Own with an accuracy rate of 65.47%
  • Ripple (XRP) – Do Not Own with an accuracy rate of 63.94%

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Aristotle Wants Your Bitcoin
Crypto Thursday: Hashrate vs. Average Transaction Fee for Top Cryptocurrencies
Quantamize Weekly Crypto Headlines Recap
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The Rise of Blockchain And Its Privacy Risks
Meet Tagomi, The End-to-End Crypto Solution
Mystery Over Exchange's missing $134MM
Jack Dorsey Predicts a 'Massive' Bitcoin Boom
Founder: How To Consciously Invest w/ Coin App
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