LITECOIN PRICE ANALYSIS: LTC IS THE LEAD BULL FOR FIVE WEEKS RUNNING
Litecoin (LTC) and Binance Coin (BNB) are the lead bulls propelling the market higher again. Since last week, the former is up 28 percent. Prices are now at the highest they’ve been since October 2018 and the altcoin appears set to notch $70 over the short-term. Source: Bitcoinist.com
Connecticut Lawmakers Seek to Legalize Blockchain Smart Contracts
The U.S. state of Connecticut could soon legalize the use of blockchain smart contracts in business. The Commerce Committee of the Connecticut General Assembly filed house bill 7310 on Friday, proposing that blockchain smart contracts should be authorized for commerce in the state.
According to the bill:
“No contract relating to a transaction shall be denied legal effect, validity or enforceability solely because such contract is executed through a smart contract.” Source: Coindesk
Ontology (ONT) Jumps In Top 20, Could Dethrone NEM (XEM) Next
Ontology price gained traction recently and broke the $0.9000 and $0.9500 resistances against the US Dollar. There was a break above a key bearish trend line with resistance at $0.8900 on the 4-hours chart of the ONT/USD pair (data feed from Binance).
ONT price spiked above the $1.0000 resistance before correcting a few points
There could be a minor downside correction before the price rallies further above $1.0000. Source: Livebitcoinnews.com
Starbucks Will Laugh if You Still Use Cash in 3 Years: Bitcoin Bull Draper
Bitcoin bull Tim Draper has predicted that by 2022, coffee lovers will be routinely buying their fix at Starbucks using bitcoin and other crypto assets.
DRAPER: BITCOIN WILL DOMINATE STARBUCKS TRANSACTIONS
In a podcast interview with NBC Bay Area, Draper said that the cryptocurrency is on the verge of making the US dollar redundant: Source: CCN.com
Enjin Coin Soars 70% After Crypto Project Says It’s a Samsung Partner
Gaming crypto Enjincoin (ENJ) is up 78 percent after the project said it has an official partnership with Samsung Electronics.
On Friday, media outlets in South Korea reported the partnership between Enjin, the Singapore-based company behind ENJ, and Samsung’s flagship smartphone S10, was confirmed, which ignited Korea’s investor base to jump in. Source: Coindesk