Electroneum ETN

$0.0070
Market Cap $ 62.778 MM (#64)
24h Volume $ 243.362 K
Chg. 24h: -1.92%
Algo. score 4.4/5  (#6)
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Electroneum News

Reddit Co-Founder Believes Bitcoin Investors Should’ve Been Thinking Long-Term

The front page of the internet, also known as Reddit, is a social news aggregation site which has a booming community of active users who contribute to the site on a daily basis. The co-founder of Reddit, Alexis Ohanian has said that cryptocurrency investors “should have been thinking long term.” Ohanian is a long time believer in cryptocurrency and when the market started to plummet he called it a “painful thing.” At the end of last year, Bitcoin had plummeted 80 percent from where it stood in the previous year. Ohanian said that disappointed investors should have sought to earn in the long-term. The co-founder said, “I think that's just generally good advice for any kind of investing, but especially something so nascent as crypto.” When talking about the current state of the “crypto winter” but said that it will eventually prove to be beneficial “speculators have fled and the people who are now building on crypto are true believers...they’re actually building the infrastructure that it's going to take to really make this happen.” These comments were made when Ohanian sat down with the Editor in chief of Yahoo Finance, Andy Serwer. Serwer does a weekly interview series for Yahoo with leaders in entertainment, politics, business and so on. In the episode, Ohanian talked about the tech market which he says is “overlooked” and why potential regulations of social media make him concerned about the future. Ohanian co-founded the social network Reddit just weeks after he graduated from college. The site was an instant hit and it is one of the most popular destinations on the internet to go for people wanting news, memes and everything in between. When he was 23, Ohanian became a multi-millionaire when he and his partner sold the site to Conde Nast. He later co-founded a venture capital business called Initialised Capital that finds and develops software firms as well as Instacar and Coinbase. The conversation later went onto cryptocurrency which Ohanian said that even though the space gained a lot of hype but other big tech markets barely garnered any. Specifically, the multimillionaire was talking about services for the elderly. “We're seeing all this infrastructure being built now by millennials for boomers, who are a growing and growing portion of the population, who have the dollars to spend, and who are now tech literate enough.” Later in the interview, Ohanaina gave his thoughts on the US presidential race in 2020 and that there was one candidate who flew into his crosshairs. “I've been most intrigued by the fact that the Congresswoman from Hawaii, Tulsi Gabbard, has been all but overlooked by most of media. “If I have any lessons learned from watching social, particularly Reddit, but watching social during Trump's rise, during Obama's rise, it's that there are a lot of these signals you see online that bubble up.” He added that she is the first millennial presidential candidate, suggesting that there is potential for her victory in the race. It’s clear that cryptocurrency is a long game and that this industry is not right for short term investments, the markets aren’t ready for that just yet. It’s hard to justify investing in the long term, yes, it’s great for things like property, but when it comes to stock style investments, nobody wants to hold on for too long. Sadly, this is the case with crypto, but it doesn’t have to be a bad thing! Cryptocurrency is a long term investment because we are awaiting mainstream adoption, once this happens, your investment will bring you some healthy, long term returns! Bitcoin Adoption Every downturn, every bear market that the market has gone through, Bitcoin has always come out shining on the other side and drove the community to new levels. This bear market is a bit more aggressive than the ones that came before it and so we could be facing the end. But are we really? Throughout the start of Bitcoin from 2008-2011, there were a lot of people who wanted to blow up the world and now account for around less than five percent of overall wallet (these people are characterised as anarchists). The first wave established the first use case as a store of value and dominated the demand for Bitcoin by true holders. As reported by Finance Magnates, when the anarchist phase was over, libertarians entered the space “who wanted to save the world with BTC, and I estimate they now amount to about 30 percent of all wallets. They joined quickly and supercharged the growth of BTC between 2012-2016. The libertarians tried to make a use case for BTC as a payment service in addition to a store of value, and they successfully passed the baton to the millions of speculators who came from fiat land to crypto land seeking riches.” The next phase is global institutions which we expect to occur throughout 2019 which leaves us with the question of whether institutions are what is going to be cryptos saviour? According to Alex Mashinsky, he believes that because of the volatility and

4 hours ago

CME Bitcoin Futures See Record Volumes, Crucial Signal For Rising Institutional Demand

This week saw the highest ever volume for Bitcoin futures on the Chicago Mercantile Exchange as volume exceeded 18,000. The big signal is that institutional investors are paying attention as futures contracts get snapped up at an ever-increasing rate. Record BTC Contract Volumes on CME According to stats from the CME there were 18,338 on Wednesday, the highest figure ever recorded. This is equivalent to 91,690 Bitcoins or roughly $365 million at today’s prices. Source: CME Futures contracts enable speculators to bet on the prices rather than purchasing the physical assets themselves so these figures may be a little misleading. What they do indicate however is that there is a lot more interest in crypto futures now than ever before. When new products that offer physically settled contracts hit the market, they will be paying out in BTC which will drive massive momentum for crypto markets. Over the past year or so the anticipation of a crypto exchange traded fund (ETF) being launched has dominated the news. 2018 has been the year of regulation and cooling off which was only to be expected after the previous year of rampant FOMO and parabolic market action. This year will be different and many industry experts predict the launch of at least one institutional investment vehicle. Bakkt is the primary candidate but it has been in a holding pattern with a few others while US regulators finally wake up from their month-long imposed vacation. According to The Block European exchange giant, Eurex, is gearing up to launch crypto futures so the list of institutional offerings is growing rapidly. The derivatives exchange operated by Germany’s Deutsche Börse will be offering Bitcoin, Ethereum and XRP imminently according to the report. Exchange Traded Funds are The Future In addition to these future products, there is already one type of ETF that is actually traded through an ETN (exchange traded note) which allows investors to get direct exposure to Bitcoin prices. The Grayscale Bitcoin Trust (GBTC) bypasses the technicalities of buying and storing Bitcoin but still allows investors to get in on the action by buying shares that trade at around a thousandth of the price of BTC, so a few dollars instead of thousands. GBTC has been wildly popular with over $800 million already invested in the Bitcoin fund: 2/21/19 UPDATE: Holdings per share and net assets under management for our investment products Total AUM: $872.1 million$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/tzQxkd7ilX — Grayscale (@GrayscaleInvest) February 21, 2019 In addition to BTC are 8 other crypto assets but clearly, Bitcoin is the most popular. The fund eliminates the volatility of buying and owning Bitcoin directly which is something that institutions want, slow and steady wins the race. The outlook for 2019 is currently taking shape and the institutions are already involved. Buckle up and get ready for the ride! Image from Shutterstock The post CME Bitcoin Futures See Record Volumes, Crucial Signal For Rising Institutional Demand appeared first on NewsBTC.

10 hours ago

Electroneum Price Moves up as 200 Satoshi Remains the Primary Target

In the cryptocurrency world, it is always difficult to determine how markets will evolve. While the momentum is positive, most markets tend to follow the overall trend. With a bit of bearish pressure, most projects are declining rapidly. The Electroneum price, on the other hand, is trying to move up again and reclaim its spot in the market cap top 60. Electroneum Price is Inching up Again With a lot of bullish market momentum over the past few days, it is only normal there would be some sort of reprieve at some point. While that reprieve results in medium-sized losses for most of the altcoins, tokens, and assets on the market, some other projects will buck the trend. Electroneum appears to be one of those projects, as it is carving out some fresh gains despite overarching bearish momentum. To put this in perspective, it would appear the Electroneum price managed to gain 1.2% in USD value and 1% on Bitcoin. Because of these minor uptrends, the value per ETN has risen to $0.0072 once again. In terms of ETN/BTC, the ratio sits at 182 Satoshi. A push too 200 Satoshi would be rather bullish, albeit it seems unlikely to happen anytime soon. Twitter is abuzz with discussions pertaining to Electroneum, and seemingly for good reason. More specifically, it appears the mobile app - which introduced cloud mining a while ago - will get a new feature. Through that feature, users will be able to top up airtime or mobile data with ETN. An interesting concept, although it remains to be seen what this will entail exactly. Look what's coming people!! Go Update @electroneum app on play store/iOS store. Just imagine when you can top up Your Airtime/data with ETN. #Electroneum #ETN pic.twitter.com/OOlM4RgYuA — Coin Gyaan (@CoinGyaan) February 19, 2019 In terms of getting listed on a new exchange, the DynX Exchange voting is still ongoing at this time. Although it seems as if Electroneum has lost some ground in the vote itself, that situation can still be rectified. Nourdin believes ETN will make a comeback and beat its competitors with relative ease. A bit of an optimistic outlook, albeit one never knows what might happen. #electroneum will make a comeback like always. Just wait the finale hours to see the best community of this space. #etn — ⵣ Nourdin ⵣ (@Nourdin261084) February 20, 2019 When looking at the actual ETN price chart, a very interesting image becomes apparent. The ETNBTC chart looks as if there will be some serious resistance between now and 200 Satoshi. There is also no reason to expect any bullish outbreak right now, as slow and steady will win the race. Even so, ET will hit its stride eventually, either for better or worse. #ETNBTC @kucoincom 8h chart @ 183 SatsLooks like #ETN is forming a fulcrum bottom like pattern, MACD histogram above the 0 & building. 200 Sats will be serious resistance. Have fun, #Electroneum is a champion crypto. I like the slow build, a house needs good foundations. pic.twitter.com/O1gWVybrYF — Rágnár Ván Töndérsön (@Slipcatch) February 20, 2019 All of these signs point toward a minor push for Electroneum which may eventually result in sideways trading for a while. It is obvious all crypto markets need a breather right now, yet Electroneum is trying to push the pace in this regard. That is not necessarily a bad thing, but all traders and speculators need to keep their expectations in check first and foremost. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Electroneum Price Moves up as 200 Satoshi Remains the Primary Target appeared first on NullTX.

2 days ago

Could Bitcoin ETN’s Large Premium to BTC be a Sign of Institutional Buying?

Over the past year discussions of a Bitcoin ETF being approved by regulatory authorities in the US has dominated the news cycle and has even - on multiple occasions - impacted the markets. Many investors and analysts believe that the approval of a BTC ETF will lead to an influx of investors as it would place the cryptocurrency in front of all traditional equity investors. Although the status and potential effect of a Bitcoin ETF remains unknown, there already exists and exchange-traded product that allows investors to add some exposure to Bitcoin’s price through the form of an Exchange Traded Note (ETN). Bitcoin ETN Trades at Large Premium to BTC The Grayscale Bitcoin Trust (GBTC) is a popular ETN that allows traditional investors to gain some exposure to the daily price movements of Bitcoin without actually owning the underlying asset. Grayscale describes their product as “the first publicly quoted securities solely invested in and deriving value from the price of bitcoin” that allows investors to “gain exposure to the price movement of bitcoin through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping bitcoins.” Each share of GBTC trades at approximately 1/1000th of Bitcoin’s actual price and is currently trading at $4.82 per share. This means that GBTC is valuing one BTC at $4,820, which is significantly higher than Bitcoin’s current price of under $4,000. Thomas Lee, the co-founder of Fundstrat Global, pointed out this premium in a recent tweet, hypothesizing that GBTC’s premium to BTC’s net asset value (NAV) is a sign of institutional buying, as purchasing GBTC is easier than purchasing BTC through a cryptocurrency exchange for traditional investors. “CRYPTO: $GBTC premium to NAV creeping up to 36% on heels of $BTC surge to ~$4,000... Rise in premium is a sign of institutional net buying (easier to buy this ETN from @GrayscaleInvest than buy via a crypto exchange) ... another sign 2019 way better than 2018 for crypto,” he explained. CRYPTO: $GBTC premium to NAV creeping up to 36% on heels of $BTC surge to ~$4,000 Rise in premium is a sign of institutional net buying (easier to buy this ETN from ⁦@GrayscaleInvest⁩ than buy via a crypto exchange)... ...another sign 2019 way better than 2018 for crypto pic.twitter.com/hdFh8y3sY9 — Thomas Lee (@fundstrat) February 19, 2019 Although GBTC doesn’t entitle buyers to Bitcoin - the underlying asset it tracks - it does allow buyers to get in on some of its volatility in an easy to access fashion. Is Growing GBTC NAV Premium Actually The Result of Institutional Buying? On February 17th Bitcoin’s price surged after briefly dipping towards $3,600, and is now pushing up against $4,000, which has proven to be a level of resistance. BTC’s price has surged over the past couple of days. Historically, GBTC’s premium grows whenever BTC experiences price surges, and drops whenever Bitcoin’s price drops. With this being said, it appears that GBTC historically exaggerates Bitcoin’s sentiment shifts, which does not serve as strong support for Lee’s theory regarding the growing premium being the result of institutional buying. Furthermore, Lee’s assessment of GBTC’s current NAV premium is exaggerated, as Bloomberg notes that GBTC’s current premium is just under 19%, while its average 52-week premium is nearly 40%. Lee addressed this in response to a comment on his original post, noting that a 20% NAV premium does appear to be more accurate. Hmmm. Actually more favorable — Thomas Lee (@fundstrat) February 19, 2019 With that being said, although it is possible that institutions are trading the cryptocurrency via GBTC, there is little evidence of this and its current price premium is nothing extraordinary. At the time of writing, GBTC is trading up nearly 15% from its opening price, while BTC is only trading up 1.5% over a 24-hour trading period. Featured image from Shutterstock. The post Could Bitcoin ETN’s Large Premium to BTC be a Sign of Institutional Buying? appeared first on NewsBTC.

3 days ago

There’s an update for Android and iOS, please make sure you ...

There’s an update for Android and iOS, please make sure you update your Electroneum app so you can get the best per… https://t.co/IKovtoi58k

3 days ago

We are aware some of you were experiencing issues with loggi...

We are aware some of you were experiencing issues with logging into the Electroneum app. This has now been resolved… https://t.co/gIg26GISFE

4 days ago

Why Bitcoin’s (BTC) future is vertical and crypto should give up going horizontal

Instead of concentrating on building the vertical second layer on top of the bitcoin network, the industry has been obsessed with developing competing base layers on a horizontal plane in the shape of new blockchains, often at great expense and with relatively little to show for it. That, at any rate, is the contention of Ryan Radloff, the chief executive and co-founder of CoinShares. 2/ Last 3 years our industry has been focused on growing horizontally (not vertically) by creating new “base layer” networks to build on & compete with #bitcoin, mainly because of bitcoin’s flaws: -Not fast enough -Not programable enough -etc... — Ryan Radloff (@RyanRadloff) February 10, 2019 And there is one technology in particular that is witnessing accelerated adoption, achieved not by inventing a “better” blockchain but simply by building on top of what already exists: it’s the Lightning Network. Nodes matter and bitcoin is still on top by a mile As of 10 February, the node counts of leading blockchains had bitcoin in first place with 10,336, Ethereum in second place on 7,574 and coming up fast, Lightning is in third place with a tally of 6,088. Some way behind, in fourth, fifth and sixth place are Litecoin, Bitcoin Cash and Ripple on 1,869, 1,589 and 1,047, respectively. At the time of writing the Lightning node count has risen to 6,293, seeing a 14.6% increase in the past 30 days, according to Lightning data site 1ML. Network capacity has jumped 30% in that same period to $2,506,102 (691.01 BTC) and the number of channels stands at 26,990. Going vertical with Bitcoin as new dapps launch but inactivity grows OK, we can have an argument about bitcoin’s listening (full nodes) and non-listening nodes (SPV) that don’t have their ports open and similar issues to take account of on the other networks, but you get the idea. Bitcoin is by far the most decentralised network, although there is the consideration of the “political” control of those nodes, given the pockets of mining control concentration that ASICs brought to the world. Perhaps we should say bitcoin is the densest (and most secure) network. Radloff argues that for the past three years the industry has been fixated on horizontal development by creating new “base layers” with a “’crypto Keynesian’ type spending model - raising a ton of capital & spending it on projects to promote network growth, hoping the spending would stimulate coin velocity & user growth... Now data is showing that isn’t working.” Although not mentioned by Radloff, it might be noted here that a recent research on Ethereum by LongHash found that 10% of the dapps “running” on its blockchain were inactive. Other data at State of the Dapps report in January revealed that 17% of all dapps were inactive, despite the new apps chart still trending higher. Radloff compares EOS and Tron to the bitcoin network in somewhat disparaging terms, bemoaning the fact that they “still can’t achieve the same network size or node count success as bitcoin or even more embarrassing, bitcoins [sic] second layer - lightning network”. He maintains that the approach of EOS and Tron is akin to governments implementing Keynesian-inspired public spending to manage aggregate demand in an economy with the aim of stimulating economic growth. The development of the Lightning Network, by contrast, according to Radloff, has proceeded along the lines of “minimalist ‘boot strap’ funding”. And in so doing it is proving through example that there’s a different way ahead that isn’t just cheaper but arguably more successful. However, critics of Lightning say its system of pre-funded channels that have to be opened between transacting parties will ultimately make it difficult to grow the network and ultimately an unsuitable solution for payments at scale. Does Cash and pizza prove the point? Which brings us to a couple of news items on the Lightning front that perhaps go some way towards illustrating Radloff’s point. First, Jack Dorsey, the chief executive of both Twitter and Square, who said “it’s not an ‘if’, it’s a ‘when’” for Lightning Network integration in the Cash app, as reported earier this week by EWN. Dorsey is what might be considered a bitcoin maximalist in altcoin circles, given that he has rebuffed all pleas to support top altcoins in Cash. In December last year Cash was the most downloaded app in the finance section of the Google Play app store. And on 8 December it was the No.1 most downloaded app in the Apple app store. No wonder people are jumping up and down about Dorsey bringing Lightning to the app. Now consider the launch of Lightning Pizza by the folks behind the crypto payment app Fold. As the name suggests, the new service enables consumers to buy pizza from Domino’s Pizza with bitcoin. A Cheese Pizza, a Pepperoni Pizza and a Classic Garden Salad purchased from from the New York store on 181 Church Street, costs 523101 satoshis ($18.58). LN.Pizza users get a 5% reduction. Altcoin winter The reader should

6 days ago

Why bitcoin’s future is vertical and crypto should give up going horizontal

Instead of concentrating on building the vertical second layer on top of the bitcoin network, the industry has been obsessed with developing competing base layers on a horizontal plane in the shape of new blockchains, often at great expense and with relatively little to show for it. That, at any rate, is the contention of Ryan Radloff, the chief executive and co-founder of CoinShares. 2/ Last 3 years our industry has been focused on growing horizontally (not vertically) by creating new “base layer” networks to build on & compete with #bitcoin, mainly because of bitcoin’s flaws: -Not fast enough -Not programable enough -etc... — Ryan Radloff (@RyanRadloff) February 10, 2019 And there is one technology in particular that is witnessing accelerated adoption, achieved not by inventing a “better” blockchain but simply by building on top of what already exists: it’s the Lightning Network. Nodes matter and bitcoin is still on top by a mile As of 10 February, the node counts of leading blockchains had bitcoin in first place with 10,336, Ethereum in second place on 7,574 and coming up fast, Lightning is in third place with a tally of 6,088. Some way behind, in fourth, fifth and sixth place are Litecoin, Bitcoin Cash and Ripple on 1,869, 1,589 and 1,047, respectively. At the time of writing the Lightning node count has risen to 6,293, seeing a 14.6% increase in the past 30 days, according to Lightning data site 1ML. Network capacity has jumped 30% in that same period to $2,506,102 (691.01 BTC) and the number of channels stands at 26,990. Going vertical with Bitcoin as new dapps launch but inactivity grows OK, we can have an argument about bitcoin’s listening (full nodes) and non-listening nodes (SPV) that don’t have their ports open and similar issues to take account of on the other networks, but you get the idea. Bitcoin is by far the most decentralised network, although there is the consideration of the “political” control of those nodes, given the pockets of mining control concentration that ASICs brought to the world. Perhaps we should say bitcoin is the densest (and most secure) network. Radloff argues that for the past three years the industry has been fixated on horizontal development by creating new “base layers” with a “’crypto Keynesian’ type spending model - raising a ton of capital & spending it on projects to promote network growth, hoping the spending would stimulate coin velocity & user growth... Now data is showing that isn’t working.” Although not mentioned by Radloff, it might be noted here that a recent research on Ethereum by LongHash found that 10% of the dapps “running” on its blockchain were inactive. Other data at State of the Dapps report in January revealed that 17% of all dapps were inactive, despite the new apps chart still trending higher. Radloff compares EOS and Tron to the bitcoin network in somewhat disparaging terms, bemoaning the fact that they “still can’t achieve the same network size or node count success as bitcoin or even more embarrassing, bitcoins [sic] second layer - lightning network”. He maintains that the approach of EOS and Tron is akin to governments implementing Keynesian-inspired public spending to manage aggregate demand in an economy with the aim of stimulating economic growth. The development of the Lightning Network, by contrast, according to Radloff, has proceeded along the lines of “minimalist ‘boot strap’ funding”. And in so doing it is proving through example that there’s a different way ahead that isn’t just cheaper but arguably more successful. However, critics of Lightning say its system of pre-funded channels that have to be opened between transacting parties will ultimately make it difficult to grow the network and ultimately an unsuitable solution for payments at scale. Does Cash and pizza prove the point? Which brings us to a couple of news items on the Lightning front that perhaps go some way towards illustrating Radloff’s point. First, Jack Dorsey, the chief executive of both Twitter and Square, who said “it’s not an ‘if’, it’s a ‘when’” for Lightning Network integration in the Cash app, as reported earier this week by EWN. Dorsey is what might be considered a bitcoin maximalist in altcoin circles, given that he has rebuffed all pleas to support top altcoins in Cash. In December last year Cash was the most downloaded app in the finance section of the Google Play app store. And on 8 December it was the No.1 most downloaded app in the Apple app store. No wonder people are jumping up and down about Dorsey bringing Lightning to the app. Now consider the launch of Lightning Pizza by the folks behind the crypto payment app Fold. As the name suggests, the new service enables consumers to buy pizza from Domino’s Pizza with bitcoin. A Cheese Pizza, a Pepperoni Pizza and a Classic Garden Salad purchased from from the New York store on 181 Church Street, costs 523101 satoshis ($18.58). LN.Pizza users get a 5% reduction. Altcoin winter The reader should

6 days ago

Electroneum Price Shows Stability as ETN/BTC Ratio Improves Slightly

While most of the top markets suffer from minor bearish pressure, it seems that doesn’t necessarily affect all of the altcoins on the market. Whereas Bitcoin is struggling a bit across the board, the Electroneum price seems poised to bounce back strongly. While a minor USD loss can still be noted, it seems there is a small uptrend forming in ETN/BTC. Electroneum Price Holds its own Quite Well Under the current market circumstances, one would expect all currencies, tokens, and assets that are not Bitcoin to bleed value all over the place. Thankfully, the cryptocurrency ecosystem has matured quite a bit in recent years, meaning not all altcoins will collapse when Bitcoin loses 0.2%. In the case of Electroneum, the current momentum isn’t looking half bad. In fact, it somewhat resembles the current Dogecoin price trend. Over the past few hours, there has been some minor bullish momentum forming where Electroneum is concerned. Although offsetting the USD losses is still difficult, it would appear the Electroneum price is gaining slightly on Bitcoin. A 0.2% increase is not something to get overly excited about just yet, but it is better than most other altcoins on the market today. For now, the 180 Satoshi level acts as support. That should, in turn, keep the price above $0.0066 for a while as well. On social idea, the big news of the week so far is how ETN has been listed on another exchange. Coinexmarket, based in the United Kingdom, has officially confirmed Electroneum deposits are available and trading has gone live yesterday afternoon. That in itself is a big development, as ETN isn’t listed on too many exchanges right now. The overall liquidity of Coinexmarket remains to be determined, as it might not necessarily be a major player in the future. Hello members new currency listed on coinexmarket Happy trading Visit: https://t.co/1dlvYyZf2m follow us on : https://t.co/wZ82hyeYQF @electroneum @coinexmarket #listing #crypto #cryptocurrency #exchange pic.twitter.com/ikfDcSrPB3 — coinexmarket (@coinexmarket) February 13, 2019 There is also the ongoing vote on DynX which features Electroneum as one of the available options. For now, it seems Reddcoin has taken the lead in terms of getting listed as a base pair on this platform, although that situation is still developing at this time. Electroneum is not that far behind, although the RDD community will not necessarily let this opportunity slip by without a fight. We need 5% more so every #electronians #ETN #Electroneum fan pls vote #vote & share with friends #dynx we need to beat #reddcoin we are #fintech #blockchain hybric and going to #mwc #mwc2019 #mwc19 to show what we done in last 15 months VOTE HERE & join us https://t.co/1Cdc8AVCA0 pic.twitter.com/dBjdGTcZHG — Mr.CryptoCZ (@cechv2) February 14, 2019 Last but not least, the ETN community is counting down to Mobile World Congress 2019. Considering how the Electroneum team will make its presence known at this event, there has been some speculation as to which announcements the community can expect. So far, nothing has been officially confirmed in regards to potential announcements, but there is some genuine excitement brewing among community members. @electroneum #etn #MWC2019 #electroneum #MWC19 pic.twitter.com/8AJberCm2R — plankton.... (@manxcat74) February 14, 2019 All things considered, it remains a bit unclear where the ETN price will head over the coming hours. Although it seems remarkably stable at this point, there is no guarantee that situation will remain in place for very long. With its very weak overall trading volume, it seems unlikely any major pushes should be expected. This also means a minimum amount of bearish pressure can send the market in a negative spiral. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Electroneum Price Shows Stability as ETN/BTC Ratio Improves Slightly appeared first on NullTX.

8 days ago

Daily Berminal Brief: Intel Launches A Commercial Blockchain Suite, And XBT Postpones The Launch Of Its Crypto Basket

The State of The Market - February 14, 2019 BTC: $3,611.84 (-0.52%) ETH: $121.70 (-0.93%) XRP: $0.302635 (-0.38%) The market is in negative today, as Bitcoin is testing its support at $3,600. It is not a strong support yet, and if bears have it their way, Bitcoin could once again crash to $3,400 over the weekend when the volumes are low. The total market cap lost $1 Billion in the last 24 hours, and all of the top 10 cryptocurrencies have posted small losses. The market is following Bitcoin's price movement right now and Bitcoin dominance remains unchanged. In other news, Ethereum co-founder Vitalik Buterin has suggested that a new smart contract function called "Create2" be integrated into the upcoming Constantinople upgrade. The function adds a new attack vector to the platform and allows a smart contract to be created at an address that can be determined beforehand by different parties. The new function is designed to allow interaction with a smart contract that does not yet exist on the blockchain and it would be included in EIP-1014. Also, Busan, South Korea's second-most populated city after Seoul has signed a Memorandum of Understanding (MoU) with blockchain company Hyundai Pay. Hyundai Pay has developed a blockchain platform and a cryptocurrency wallet. The partnership is to promote the growth of fintech startups and jobs in Busan. Hyundai Pay will relocate its headquarters to Busan and build the needed infrastructure. 1) Market materials from Intel show that the company has launched a commercial blockchain package based on Hyperledger's ecosystem. According to Intel, the blockchain suite is designed for businesses desiring to launch their own blockchain fast and effectively. The platform will allow users to develop blockchain-based applications and it uses Xeon processors along with other Intel hardware. Intel says the suite includes all the necessary components to launch a hyperledger-driven blockchain and Intel says that the package is "enterprise-ready". 2) Sweden's XBT Provider has canceled the launch of its cryptocurrency basket due to volatility. XBT launched the world's first Bitcoin tracker, Bitcoin Tracker One in 2015 and subsequently launched Bitcoin exchange-traded note (ETN). XBT said it needs more knowledge about hard forks and different communities before listing coins. XBT's CEO Laurent Kssis said, "If we get it wrong, these assets will drop and if they're part of the basket we can't go back because it's in the final term-sheet." XBT wants the crypto market to settle and give further clarity before revisiting its plans. For now, it has been shelved without a launch date. 3) German pharmaceutical multinational Boehringer Ingelheim has announced that it is set to trial IBM Blockchain in clinical trials. The company is hoping to improve trust, transparency, patient safety, and patient improvement in clinical trials using blockchain. Currently, clinical trial processes and records are often erroneous or incomplete. Boehringer will test the integrity of blockchain in this sector with IBM. Early last year, Pfizer, Amgen and Sanofi were considering blockchain for developing and testing new drugs and another pharma firm Merck filed a patent to use blockchain in manufacturing medicines. Also, the Indian government plans on using blockchain to prevent counterfeit drugs. (VS)

8 days ago

XBT Provider Shelves The Launch Of Its Cryptocurrency Basket

Sweden's XBT Provider has cancelled the launch of its cryptocurrency basket due to volatility. XBT launched the world's first Bitcoin tracker, Bitcoin Tracker One in 2015 and subsequently launched Bitcoin exchange-traded note (ETN). XBT said it needs more knowledge about hard forks and different communities before listing coins. XBT’s CEO Laurent Kssis said, "If we get it wrong, these assets will drop and if they’re part of the basket we can’t go back because it’s in the final term-sheet." XBT wants the crypto market to settle and give further clarity before revisiting its plans. For now, it has been shelved without a launch date. (VS)

9 days ago

Good news Android fans! Cloud mining is now available to you...

Good news Android fans! Cloud mining is now available to you. Download the Electroneum app and get access today:… https://t.co/AOZnxY9u91

11 days ago

Honey Miner Mining Alternatives

With the emergence of cryptocurrencies, new opportunities are cropping up daily with enthusiasts aiming to own digital currencies. We have various means of owning cryptocurrencies like trading and mining. Previously, crypto fans earned coins easily through mining using the CPU. However, as the crypto sector grew, new mining technologies emerged. Mining apps and browser extensions are the latest means of using computing power to own cryptocurrencies. Some of these applications contain malware that is promoting crypto jacking. Software companies like Honeyminer have stepped in to make the mining process easier, convenient and safe for anybody with a computer. Honey Miner The Honey Miner software offers users a chance to join the crypto space without owning any sophisticated device, while at the same earning passive income. It is a perfect avenue to gain cryptocurrencies without learning the tedious trading process. Honeyminer is user-friendly because getting started is very easy. Users are only required to have an email address before they start mining. Unlike peers, Honey Miner goes an extra mile of sorting out numerous altcoins to assist the user focus on the profitable ones. Users are guaranteed security due to various measures put in place by the firm. The software uses SSL encryption to protect clients at all time. Additionally, Honey Miner servers are decentralized and anonymous. All accounts under this platform have to undergo the two-factor authentication process. Despite this platform being new, it lacks features like graphs which are essential for quick analysis. As observed earlier, the mining software industry is growing with new services coming up. Here are other alternatives to Honey Miner. NiceHash NiceHash offers a unique experience when it comes to cloud-based mining. NiceHash is a web-based marketplace where users can sell and buy hashing power. You trade your computing power for cryptocurrencies. The software has the capability of increasing its user base because it offers a platform where buyers and sellers meet. Buyers of hashing power can select which valuable digital coin to mine due to the platforms ability to support 34 algorithms. Additionally, a user can choose which mining pool they would like to use. The mining pool charges 5% on every transaction. NiceHash offers the resources for mining while using computers or Rig/ASIC. The software is also less risky due to the ability to automatically switch to the most profitable cryptocurrency — this a safe way to join the market. Furthermore, NiceHash gives you an opportunity to configure your CPU through setting up mining limits. Despite being one of the oldest mining platforms, NiceHash has struggled to gain the trust of users after it suffered a hack. A lot of money was lost during the incident. BetterHash BetterHash main goal is for everyone who owns a computer to earn passively through mining. BetterHas has sophisticated software that appeals to both newcomers and experienced miners. It supports mining in Dash, Ether, Litcoin, ZEC, XMR, and BTG. The software is one of the easiest platforms to set up. It carries similar simplicity when it comes mining, as it has few simplified steps that make mining a smooth process. These features adequately cater to inexperienced miners. Furthermore, seasoned miners will find a home in BetterHash. This platform does not charge the mining of cryptocurrencies. It will for sure give you the best value for your money. However, experienced miners might be turned based on the platforms beginner minded design. Nanopool Nanopool supports mining of seven cryptocurrencies with Ethereum being the dominant coin. The platform supports other coins like ETC, Monero, Zcash, Electroneum, and Siacoin. Nanopool’s fees of 1% are attractive compared to competitors in the field. For beginners, Nanopool offers a good experience due to a friendly user interface. The FAQ section has detailed guides on how to set up your miner and configure all the pool settings. The interface is clear and simple to use if you’re just getting started. Users with AMD GPU driver 15.12 can reap big from Nanopool’ Ethereum mining since it is the recommended hardware. Since its launch, Nanopol has remained stable with rejected shares remaining on the minimum. When compared to other platforms, Nanopool’s hash rate fluctuation has remained lower. However, users on the platform find it hard to make a decent income due to low profits. The platform also suffers from credibility issues due to do poor customer support. Kryptex Kryptex is a mining software for Windows only with a smart computer hardware sensor that calculates how much a user earns daily. Users can mine cryptos on their computers and get paid in Bitcoin, USD or any other currency. A regular PC can earn about $20 per month, while a hardcore PC can make about $130 per month. The Kryptex mining platform is easy to set up with a friendly user interface. It comes with several interesting f

20 days ago

Can Bitcoin ETNs Unlock Mass Adoption?

With most bitcoin ETF proposals out of the picture and the SEC on forced hiatus, the institutional adoption of BTC and other cryptocurrencies has been put on hold. But why is that the case? Back in January 2017, the launch of bitcoin futures by Cboe (Chicago Board of Exchanges) and CME (Chicago Mercantile Exchange), seemed to promise quick institutional cash-inflow and, subsequently, skyrocketing crypto prices. Leaving aside all the denied and recently withdrawn crypto ETF initiatives, it may help to take a closer look and ask why these long-awaited avenues of institutional adoption are still empty. Bitcoin futures hurt by lack of retail options The currently-available futures products offered by the Cboe and the CME are not particularly popular, and Cboe Chairman Edward Tilly seems to know why. “The power of having that future there is also having an ETN that is more attractive to retail, and then institutions can lay that risk off on the listed futures market,” Tilly said at a media luncheon, according to Business Insider. “Absent that leg and introducing trackers or notes, I think we will be in this, ‘It trades every day, but it is not the story.'” The Cboe chairman compared the lackluster bitcoin futures to those tied to the Volatility Index, the Board’s most successful futures product. “Why is VIX successful? ” Tilly asked, before answering: “There are trackers and replicating notes that lever up that exposure. All of that works together.” Futures are semi-symbiotic investment vehicles, he explained, which tend to thrive in the presence of ETNs. ETNs give small-time, retail investors an attractive and accessible path into a market, and through their presence, they offer major investors the chance to effectively hedge their trades. Since a traditional crypto market-tracking index does not currently exist, there are no crypto ETNs available either. Thus, Wall Street investors are left without a hedging opportunity, which turns BTC futures into much less attractive propositions for them. What is a bitcoin ETN and how does it compare to an ETF? An Exchange Traded Note is similar to an Exchange Traded Fund, though there are a few key differences between the two. ETFs actually hold the assets they track. ETNs on the other hand do not. Thus, when investing in an ETN, one effectively purchases an unsecured debt note, from an issuing entity called the underwriter. ETNs pay based on the performance of the asset that they track, but there are a number of other factors which impact payout, like the credit-rating of the issuing entity. In extreme cases, like if an underwriter goes belly-up, ETN investors will default. Such notes can be bought, sold and held to maturity, like other investment vehicles. They feature much more efficient asset-tracking than ETFs (because they do not actively track) and they usually invite more favorable tax treatment over the long run (as they realize long-term capital gains). While the purchase of ETNs is simpler and more accessible for retail investors, and they are generally more efficient than ETFs, they are also less known and - due to their bond-like nature - more difficult to understand than stock-like ETFs. Bitcoin ETNs have been available in Europe, but impact still weak. Sweden’s XBT Provider AB has been offering two Bitcoin-based ETNs (Bitcoin Tracker One and Bitcoin Tracker EUR) since 2015 and 2017, respectively. But the actual impact of these products on institutional adoption and retail trading has thus far been disappointing. Indeed, most mom-and-pop investors do not even know about the existence of these crypto investment options, much less the fact that US investors can also trade them, through global brokerages. The properly publicized launch of a similar product in the US might trigger a very different reaction on the part of retail investors, and that could be the spark needed to breathe new life into futures. It could even usher bitcoin ETFs onto the institutional trading scene as well. The author is invested in digital assets, including Bitcoin, which is mentioned in this article. Join the conversation on Telegram and Twitter! The post Can Bitcoin ETNs Unlock Mass Adoption? appeared first on Crypto Briefing.

21 days ago

VanEck has refiled its bitcoin ETF proposal, but there are some changes

Cboe Global Markets sent a shockwave through the cryptocurrency world when it pulled the most-watched application for a cryptocurrency exchange-traded fund earlier this month. BitcoinCboe withdraws VanEck Bitcoin ETF, but the asset manager is not giving up hopeRead MoreThe so-called SolidX Bitcoin Shares ETF, which is a collaborative effort by asset manager VanEck and SolidX, was filed to list on Cboe, a Chicago exchange operator, in 2018. The application was pulled during the partial U.S. federal government shutdown, a few weeks before it would have faced a verdict from the Securities and Exchange Commission on its listing. VanEck CEO Jan VanEck said in an interview with CNBC the firm would refile once the SEC returned to work. The firm made good on that promise, refiling the application — but not before making a few changes. In total, the new application is about 40 pages longer. The additions aim to counter the SEC’s concerns about a bitcoin ETF, including that the underlying spot market is not properly regulated or monitored to catch nefarious activity. In a new section on page 10, VanEck claims that the SEC has not provided sufficient insights into what it means when it says a bitcoin ETF would require a “significant regulated market.” VanEck then argues the SEC has previously approved ETFs without the fund issuer outlining how the respective underlying markets for their product met such a designation. “Of particular interest is the approval order for the Breakwave Dry Bulk Shipping ETF (the “Shipping Futures ETF”) which is designed to provide exposure to the daily change in the price of dry bulk freight futures: an ETP that provides exposure to a unique underlying instrument with no direct precedent for approval,” VanEck wrote. “The Approval Order includes no additional analysis that specifically discusses whether the markets with which the listing exchange will be able to share surveillance information related to freight futures, which the Shipping Futures ETF will invest substantially all of its assets in,19 are significant regulated markets,” the firm added. The firm then compared the liquidity of bitcoin futures versus the freight futures. The SEC has cited the lack of liquidity in bitcoin markets as one of the reasons it is not ready for an ETF. “For instance, the notional average daily volume for Bitcoin Futures in the third quarter and fourth quarter of 2018 were more than $150 million and $121 million, respectively, as compared to the estimate of $50-100 million per day for freight futures,” VanEck noted. Elsewhere in the market, Gemini’s Winklevoss twins confirmed their commitment to getting a bitcoin ETF off the ground during an Ask Me Anything on Reddit. The twins, who tried to get a fund tracking bitcoin approved in 2017, said they “are committed as ever to making an ETF a reality,” according to a CoinTelegraph report. In Switzerland, traders went wild for a ETN product tracking cryptocurrency markets. The so-called Amun Crypto Basket ETP began trading on Switzerland’s Six Exchange at the end of 2018 and it quickly had the highest volumes of any exchange-traded product on the venue. Still, its turnover of $30,000 per day is a tiny fraction of the volumes the exchange’s top ETFs see. The post VanEck has refiled its bitcoin ETF proposal, but there are some changes appeared first on The Block.

21 days ago

Electroneum Price Shows Bullish Signs as IOS Beta Receives Positive Feedback

When all cryptocurrency markets are still on wobbly legs, things will get pretty interesting in the near future. For Electroneum, there is a lot of positive momentum shaping up, even though it hasn’t affected the value all that much. Despite some minor Electroneum price uptrend shaping up right now, it remains to be seen if the momentum can be sustained over the coming days. Electroneum Price Momentum Picks up Slightly On paper, all of the cryptocurrency markets should evolve independently of one another. In the real world, that is not always the case. Virtually every altcoin relies on Bitcoin’s market trend first and foremost. Electroneum is not necessarily an exception in this regard, even though the altcoin has shown a tendency of doing its own thing every now and then. For today, it seems to follow the overall market trend, although that can always change when people least expect it. Over the past 24 hours, the Electroneum price has increased by 0.6% in USD value and 0.3% in BTC value. Neither of these gains is spectacular nor promising, but it is still better than continually bleeding value. Because of these minor gains, one ETN is priced at $0.006321 or 182 Satoshi once again. All things considered, this may be the beginning of a positive trend, although one has to wonder how things will evolve in the near future. If Bitcoin were to turn bearish again, things can easily turn bearish. On social media, there appears to be an interesting sentiment toward Electroneum as of right now. More specifically, One Reserve is intent on highlighting the positive aspects of this currency, which primarily focuses on reducing transaction fees, the mobile ecosystem, and generating wealth. On paper, Electroneum has all of the necessary traits to become successful in the long run, although the reliance on Bitcoin can prove to be very problematic first and foremost. .@wef #Electroneum's epicentre is a smart digital currency created by progressive, enterprising people. #ETN significantly reduces transaction fees removing the institutional shackles on the individual and empowering and encouraging creativity and a portal to wealth generation. — One Reserve (@one_reserve) January 30, 2019 Secondly, it would appear the closed beta of the iOS mobile mining app is still going according to plan. Although only a few dozen people have access to the application right now, the overall feedback seems to be rather positive. It is refreshing to see things just work in the cryptocurrency world, instead of communities hyping up something which eventually fails miserably. Mobile mining might not necessarily be the way to go moving forward, yet it offers a pretty interesting alternative regardless. This is my 3rd day cloud mining the best crypto on earth #ETN .It works fantastic so far! Super honor to be part of the revolution. ⁦@electroneum⁩ #CloudMining #iOS pic.twitter.com/RpHeguDXAN — Latin Crypto (@latin_cryptoetn) January 30, 2019 What is also rather interesting to note is how most cryptocurrency websites have an absolutely horrible website. Although that might not seem like a big problem, it is evident novice investors who don’t browse Telegram, Discord, or Bitcointalk would be turned off by the bland state of such sites. Electroneum has recently updated its website in a professional manner, which seems to be received well by the community so far. #Electroneum has launched their new website and it's Beautiful! It's very detailed, showing what #ETN offers the #DigitalPayment Industry! It will revolutionize the #fintech market via the #unbanked combining #blockchain & #mobilePayments!https://t.co/RExTOdrWJA#MVNO #Crypto — Mike Almiroudis (xterest) (@MikeAlmiroudis) January 30, 2019 With all of this information in place, one has to wonder what will happen next to the Electroneum market as a whole. Although it is evident there is some positive momentum to take note of, there is also a chance bearish pressure will ruin any attempt at an uptrend once again. For the time being, the best advice is to remain patient first and foremost, even though expectations for Electroneum may be rather high. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Electroneum Price Shows Bullish Signs as IOS Beta Receives Positive Feedback appeared first on NullTX.

21 days ago

Electroneum Price Surges as iOS Mining app is Launched Globally

The coming weekend will prove crucial for a fair few cryptocurrencies. All eyes will be on Bitcoin first and foremost, as that market controls everything else. Further down the rankings, Electroneum is also on a good run right now. With the Electroneum price increasing to $0.006776 again, the 200 Satoshi level seems within reach. Electroneum Price Momentum is Growing Unlike most other altcoins on the market, Electroneum is capable of delivering on promises. While deadlines can always be missed, the team seems to be firing on all cylinders as of late. It is quite pertinent for teams to keep growing their project, especially if they seek to attract more investors down the line. Without a working ecosystem, the currency itself wouldn’t be worth a second look whatsoever. Over the past 24 hours, a rather interesting Electroneum price trend has begun taking shape. Following a 7% gain in USD value and a 6% increase over Bitcoin, the altcoin is getting some more traction. Reaching the 200 Satoshi level is likely over the coming hours, although the USD value might not necessarily move much above $0.006776 in the coming days. Even so, the project appears to be in a good place right now. Two crucial developments currently influence the value of Electroneum. Following the successful beta testing of the iOS mining application, it is made accessible to the general public. This will be of great interest to all supporters, as they can effectively generate some free ETN by running the app on their iOS device. It can take up to 48 hours before the app is visible on one’s local App Store, though. Oh, and there’s one more thing...the iOS app is now live! Download it here: https://t.co/o6P7gsnQWL pic.twitter.com/UGSKeQQRL6 — electroneum (@electroneum) February 1, 2019 Secondly, it seems the CEO of Electroneum has recently shared an interesting email message with the community. Although it is part of a growing list of recent developments, engaging with the community in an open and transparent manner will keep people engaged more often than not. Combined with the iOS release and the recently revamped website, a lot of things are coming together for ETN right now. Last but not least, there are still plenty of ETN enthusiasts who expect to see this altcoin listed on Binance in the very near future. So far, the company hasn’t shown any indication of doing so, which might come as a bit of a surprise to some. At the same time, Binance isn’t obligated to introduce this altcoin to the masses, although it certainly would be in their best interest to at least consider all options. @cz_binance what’s wrong with you? When are you going to list #ETN in your platform? — Study of RM (@rmlogy) February 1, 2019 All things considered, this price trend seems to be rather easy to explain. A lot of developments have come together in favor of the altcoin, which is all one can ask for in this day and age. At the same time, escaping the overwhelming bearish pressure which still dictates the Bitcoin price movements may prove to be a bridge too far. The next two days will undoubtedly create some excitement, albeit no one knows in which direction. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Electroneum Price Surges as iOS Mining app is Launched Globally appeared first on NullTX.

21 days ago

@mark_hanekom use the download link from the Electroneum web...

@mark_hanekom use the download link from the Electroneum website - it will take you directly to the App Store - it… https://t.co/wRSiccescs

21 days ago

Our community is amazing! You can purchase some great #ETN m...

Our community is amazing! You can purchase some great #ETN merchandise in ETN from Electroneum101:… https://t.co/HLtmVbtsNP

25 days ago

Daily Crypto Markets Technical Analysis: XRP, Digibyte (DGB), and Electroneum (ETN)

Yesterday’s Bearish momentum has been maintained over the last 24 hours with a majority of the indicators pointing towards a prolonged downward trend. The moving averages are all facing downwards with the 30 day moving averages dominantly above the 9-day moving average. This has influenced investor sentiments on some coins. In some instances, the RSI has dropped, threatening to cross over into the ‘oversold’ area. Also, support levels were tested and breached in some instances and Resistance zones lowered as seen below: XRP/USD The pair has been engulfed with a strong Bearish momentum which has seen its price drop from $0.32141 to $0.31995, a 0.3% drop. The bearish momentum seems set to keep going as seen from the contracting triangular pattern formed by the two Moving averages (C and B). Further, the 30 day EMA (B) crossed over the 9-day EMA (C) yesterday and has gone ahead to open up a huge gap between them. The 9-day EMA is currently below the 30-day EMA and is acting as the price support which goes to show the strong Bearish momentum in the market may go on for some time. In the markets, XRP was marked with huge sales that have seen the RSI (A) threaten to cross over into the ‘oversold’ region. The coin sold $368.3 Million over the last 24 hours and is currently at $13 Billion in market capitalization. DGB/USD Digibyte has had little to no activity in the markets over the last couple of days. In the last 24 hours, it dipped by 2.5% and only sold $1.2 Million in total. The coin, with a market capitalization of $109 Million, looks as though it is headed downwards seeing that its 30 day EMA (B) has been dominantly above the 9 day EMA (C). Additionally, both EMAs are below the price level which spells a strong bearish outlook in the near future. In terms of sales, there has been minimal activity, with the RSI (A) oscillating between 40 and 50 (the Middle zone). Investor sentiments can’t be said to either be neither positive nor negative. Unless the Bulls can increase their momentum, Digibyte will keep on dipping. ETN/USD Electroneum, the first cryptocurrency to be designed around mobile ubiquity, is down by 1.6% over the last 24 hours, having begun off trading at $ 0.006961 against the current rate of $0.006978. Over the last 24 hours, it hit a high of $ 0.007211 and a low of $0.006961 and only sold $250,228. The dip has seen its market capitalization clock at $61.6 Million The post Daily Crypto Markets Technical Analysis: XRP, Digibyte (DGB), and Electroneum (ETN) appeared first on ZyCrypto.

a month ago

Mobile miner update: Minimum payout is moving from 10 ETN to...

Mobile miner update: Minimum payout is moving from 10 ETN to 100 ETN. This enables us to streamline user onboarding… https://t.co/IbUNXwvgxO

a month ago

Electroneum Price Surge Continues as Community Seeks Epic Games’ Approval

This is by far one of the more interesting weekends for cryptocurrency trading in recent memory. A lot of things are happening right now. Whereas some of the top markets are turning bearish again, the Electroneum price trend simply continues. Further gains have been noted in recent hours, which is rather impressive in its own regard. Electroneum Price Moves Even Higher It was somewhat to be expected this weekend would offer a bit of everything for all cryptocurrencies. There is some bearish and bullish momentum alike, although most eyes will be on the markets performing above expectations. After a successful day of trading yesterday, it seems Electroneum continues to inch ahead across all departments. A very intriguing trend, albeit it is not entirely unexpected either. Over the past 24 hours, the Electroneum price increased by a further 6% in USD value. This brings the price per ETN back to $0.007248, which is a pretty big deal for holders and investors. There is also a 4.5% increase in ETN/BTC, resulting in a price point of 194 Satoshi. If this trend keeps up, reaching 200 Satoshi should not be too much of a problem. Sustaining this ongoing growth, however, will always be somewhat tricky under these circumstances. It would appear the Electroneum community is trying to gain some more traction in the real world. Openly asking Epic Games if they would accept ETN as a payment method might not necessarily be the best option to get some recognition right now. At the same time, one has to acknowledge the currency is a payment tool first and foremost. With mobile gaming taking off, a mobile-focused cryptocurrency could be a good fit for Epic Games in this regard. Will you consider accepting #ETN digital currency? Easy intergration with their Instant Payment System (patent pending) First digital currency to be KYC/AML compliant.I’d love to pay in #ETN #Electroneum — Cosmicrypto (@Cosmicrypto_) January 20, 2019 In other Electroneum news, it would appear the ecosystem continues to grow at an accelerated pace. As of right now, Electroneum can make a big impact in 147 countries around the world due to required KYC for prepaid SIM cards. As ETN is KYC-compliant, it would make some sense to target this specific market in the coming weeks and months. Whether or not that will effectively be the plan of action, remains to be determined. Did You Know?: 147 Countries *mandate* KYC for Prepaid SIM cards. @electroneum is the only KYC Compliant #cryptocurrency therefore, anyone without KYC implementation would not have access to 147 Countries. #Electroneum has immediate access to all in Blue and Yellow. HUGE pic.twitter.com/0xRcaZvoMN — Quorra Market (@QuorraMarket) January 19, 2019 When looking at the ETN chart form a technical perspective, this most recent push is quite spectacular to behold. Green candles are being stacked upon more green candles. Only time will tell how sustainable this run is, but for now, ETN is doing a lot of things right. People are genuinely getting excited about this currency and its associated technology, by the look of things. of course it gets #better and #ETN $ETN is rising more and more! Don't miss the train! @electroneum #instantpayments #crypto #cryptocurrency #ETNArmy pic.twitter.com/jYyyZZN2BF — Michal Electroneum (@MFlowRock) January 19, 2019 All of these signs seem to confirm the ETN price uptrend may continue throughout the remainder of the weekend. That doesn’t necessarily mean there will be no drop in the near future, as such steady growth is simply unsustainable without a brief pause or correction. Even so, the overall sentiment regarding this altcoin is extremely bullish right now. That is all holders and investors can ask for at this time. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Electroneum Price Surge Continues as Community Seeks Epic Games’ Approval appeared first on NullTX.

a month ago

Crescimento Do Bitcoin Está sendo Impedido Por Falta De Produtos Para Investidores De Retalho, Afirma CEO Da CBOE

Por: Livecoins Ed Tilly, CEO e presidente de uma das maiores corretoras dos Estados Unidos, a Chicago Board Options Exchange (CBOE), afirmou recentemente que a falta de um produto para investidores de retalho mantem bilhões de Wall Street afastados do mercado das criptomoedas. De acordo com o Business Insider, Tilly afirmou que apesar de existirem futuros de bitcoin em mercados regulados, estes não vão ver grande crescimento até existir uma Exchange-Traded Note (ETN) ou um produto que siga o preço do bitcoin para investidores de retalho. Isto porque, de acordo com Tilly, futuros de um ativo e um tracker do mesmo são críticos um para o outro, pois deixam que investidores institucionais e de retalho tenham acesso a um produto específico. Ao contrário de futuros, produtos como ETNs são mais acessíveis a qualquer investidor. Tilly afirmou: “O poder de ter esse futuro também é ter um ETN mais atraente para o retalho, e então as instituições podem colocar esse risco nos futuros listados.” A CBOE lançou futuros do bitcoin na sua plataforma em dezembro de 2017, quando a criptomoeda estava perto do seu máximo históricod e quase US $20,000. Pouco depois, a Chicago Mercantile Exchange (CME) fez o mesmo. Apesar disto, o volume manteve-se relativamente baixo. A CBOE tem atualmente cerca de 3,400 contratos de futuros de bitcoin em aberto, uma descida significativa sobre os 5,300 que tinha há cerca de um ano atrás. Comparar este volume com o do seu índice de Volatilidade (VIX), que mais de 370,000 contratos em aberto, mostra o quão baixo é o volume. De acordo com Tilly, isto não significa que o mercado não queira oferecer mais produtos baseados no bitcoin e em outras criptomoedas. Como afirmou o Business Insider, reguladores americanos têm recusado várias propostas de Exchange-Traded Funds (ETFs) de bitcoin nos últimos meses. Isto, porque o mercado das criptomoedas se encontra fora do seu alcance. Reggie Browne, um especialista em ETFs, afirmou no ano passado que um ETF de bitcoin não seria aprovado dentro de pouco tempo. Para Tilly, é necessário os reguladores responderem a uma questão crucial antes de introduzirem mais produtos baseados em criptomoedas. Como eu protejo os clientes dos EUA de manipulação em um mercado que eu não regulo? Você responde a essa pergunta, você adquire seu primeiro ETN. Apesar da análise de Tilly, já existem produtos que seguem o preço do bitcoin a serem negociados em mercados internacionais, bem como ETNs da criptomoeda. O ano passado, a empresa XBT provider lançou um ETN de bitcoin sob o ticker CXBTF. Além disso, a Grayscale Investments lançou já há algum tempo o seu Bitcoin Investment Trust (GBTC), que permite a investidores ganharem exposição no mercado sem gerirem o bitcoin por si mesmos. O artigo Crescimento Do Bitcoin Está sendo Impedido Por Falta De Produtos Para Investidores De Retalho, Afirma CEO Da CBOE apareceu primeiro em Livecoins.

a month ago

CBOE CEO Reveals What is Keeping Out Wall Street’s Billions From Cryptocurrency Market?

During the conference at a media luncheon on Jan 16, 2019, Ed Tilly, CEO of CBOE (Chicago Board Options Exchange) indicated what is hindering the Growth of Bitcoin Futures and keeping the Wall Street money out of the cryptocurrency market. According to him, Electronic Traded Notes (ETNs) is keeping out wall street’s billions. Why ETNs are must for the success of Bitcoin Future? Since Electronic Traded Notes can be denominated in smaller amounts, retail investors can easily access them. On the other hand, an institutional investor who would use Bitcoin futures needs to have a separate account set up to enter into the market. Tilly conveys the importance of ETN as the entry point for institutional investors. He says; “The power of having that future there is also having an ETN that is more attractive to retail, and then institutions can lay off risk on the listed futures market”, He asserted that both the products are critical to each other - it becomes a base for both market, wall street and main street. Nevertheless, he sees ETN is easily accessible to average investors and doesn’t have a higher barrier to enter into the market, whereas, Bitcoin futures would demand ‘significant amount of legwork’. Absent that leg and introducing trackers or notes, I think we will be in this, ‘It trades every day, but it is not the story. Govt. shutdown delaying the launch of Cryptocurrency products He says that the regulators are always reluctant to approve ETNs and in tenure of a government closure, it is even more difficult to predict the launch of new products like Ether futures. Moreover, Coingape reported SEC’s latest order on freezing all pending proceeding doesn’t necessarily change the status of Bitcoin ETF Approval. Tilly says that ‘we cannot move for future products; “I have two regulators that are not taking calls right now, that doesn’t mean there is nothing we are interested in. It means nothing is going to happen in this government shutdown.” Furthermore, as far as the ETF’s are tied with the regulators, they’re left with a difficult question. With this he says; “How do I protect the US customer from manipulation in a market that I don’t regulate?. You answer that question, you get your first ETN.” The #ETF ’s Just Got Interesting, #SEC Freezing All Pending Proceedings As a Result of #GovtShutdown . Question is What happens to filed ETF’s in case SEC does not reply back before the deadline? @MatiGreenspan @APompliano @martin_schwarz @jchervinsky https://t.co/VzG16NtzRu — CoinGape (@CoinGapeMedia) January 18, 2019 Regulators are Still Uncertain on Cryptocurrency regulations The launch of first CBOE’s bitcoin futures in 2017 when the Bitcoin prices reached nearly $20000 was a historical entry and the open interest for the future counts 5306 contracts. However, after a year, the number of open interest declined to 3420 contracts. With this, Tilly also talks about the success behind CBOE’s Volatility Index (VIX) futures which significantly has 370,354 contracts in open network on Thursday, 17th Jan 2019. Consequently, he adds that there are a number of financial products in connection with the VIX contract. “Why is VIX successful? Really calls upon the pool of liquidity in the S&P 500. Oh, and there is an institutional futures contract that is traded at the CME. There is a most successful ETF, SPDR. There are trackers and replicating notes that lever up that exposure. All of that works together.” While appreciating VIX’s contract, he adds that the crypto market has also tried offering new financial products to the market but regulators are uncertain to approve. Tilly link the growth of bitcoin with the approval of ETFs by regulators however, we have seen SEC in the month of August 2018 has already rejected 9 ETFs including Winklevoss Bitcoin Trust. Seems like Govt. shutdown is affecting the crypto market and product launches are getting delayed. Further, the rumors that Trump might call for an emergency situation if true is not a very good sign for the cryptocurrency market. The post CBOE CEO Reveals What is Keeping Out Wall Street’s Billions From Cryptocurrency Market? appeared first on Coingape.

a month ago

Crypto Market Wrap: TenX Surging on Reissued PAY Credit Cards

Market Wrap Crypto markets are still flat this Saturday, Tron pulling back after recent gains, TenX surging. As we enter the weekend crypto markets remain inactive. If anything there has been a slight pullback for most crypto assets but total market cap is still hovering just above $120 billion. Over the past 24 hours Bitcoin has dropped to $3,640 before recovering slightly. It is currently showing zero movement on the day and is still trading at $3,670 where it was the same time yesterday. Since last Saturday Bitcoin dumped to $3,550 before recovering to exactly the same level again. Ethereum has not been so fortunate and is still dropping back ever so slowly. It is still above $120 but only just as ETH loses another percent on the day. The gap between it and XRP in second has widened to $700 million as the Ripple token remains flat. The top ten is all red during the Asian trading session today but losses are fractions of a percent. Tron is declining the most with almost 4% dropped on the day despite the huge success of its niTROn summit in San Francisco which concluded yesterday. The rest are all falling less than a percent on the day. There are only two cryptos in the green in the top twenty at the time of writing. Iota is making a little progress today as is Maker but only by a percent or two. The rest are in the red by a fraction showing very little movement from yesterday’s levels. TenX tops the fomo chart for the top one hundred at the moment with a surge of almost 50%. The reissue of PAY powered credit cards in Singapore appears to be driving momentum. South Koreans are jumping on this token as Bithumb gets almost half the daily volume in KRW at the moment. 1 year = 10 years in crypto, right? #10YearChallenge #CryptoTimeDilation #TenX #CardsNow pic.twitter.com/GiMlsGArhm — TenX (@tenxwallet) January 18, 2019 Loopring and Electroneum are both up over 20% at the time of writing. The only altcoin dumping doubles in the top one hundred is WAX with a 12% slide. Total market capitalization has done nothing in over the past 24 hours and is still at $122 billion as both the bears and bulls seem to be sleeping on Saturday. The entire week has been flat aside from a dump on Monday and subsequent recovery. Since mid-November’s $100 billion slide crypto markets have not moved a lot in either direction. Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals. The post Crypto Market Wrap: TenX Surging on Reissued PAY Credit Cards appeared first on NewsBTC.

a month ago

CBOE CEO: Crypto Space Need Bitcoin ETNs To Boom

Lack Of Bitcoin ETNs Curbing Adoption, Says CBOE Chief In a recent media luncheon, Edward Tilly, the chief executive at the financial powerhouse that is the Chicago Board Options Exchange, the largest American options exchange, made a surprising mention of Bitcoin and the broader cryptocurrency market. Speaking to reporters, including those from Business Insider, Tilly, who formerly worked as a market maker for the heavyweight he now heads, noted that Bitcoin volume via CBOE’s vehicles hasn’t seen substantial growth due to a lack of a certain instrument. This financial instrument is an exchange-traded note (ETN), which are often debt-secured, rather than physically-backed, are products that allow mainly retail investors to gain exposure to certain often more-coveted, hard-to-access assets. Tilly touched on this, noting that Bitcoin ETNs, unlike futures, could be a popular product for America’s average Joes and Jills, specifically due to their “low barrier for entry.” Business Insider claimed that the barriers he was referring to involved account permissions, as futures trading purportedly “requires a significant amount of legwork.” The CBOE chief, who has helped the company’s stock double during his tenure, explained: The power of having that future there is also having an ETN that is more attractive to retail, and then institutions can lay that risk off on the listed futures market... Absent that leg and introducing trackers or notes, I think we will be in this, ‘It trades every day, but it is not the story. Tilly’s comments on the necessity for crypto-linked ETNs don’t come unbacked. More specifically, the finance veteran noted that CBOE’s VIX, a world-renowned index of volatility that is traded by investors en-masse, succeeded due to futures, trackers, and ETNs working in tandem, rather than pure futures. Yet, the CBOE head did note that there remain regulatory concerns regarding ETNs, along with its cousin the ETF, as manipulation is still purportedly rife in cryptocurrency markets. Tilly even quipped that he has the contacts of two regulators “that aren’t taking calls right now.” 2019: The Year Of Wall Street Bitcoin Forays Regardless of Tilly’s concerns, many remain convinced that 2019 will be the year for Wall Street to foray into cryptocurrencies head-first. Per previous reports from Ethereum World News, government-issued currency cynic Jeff Berwick, the so-called “Dollar Vigilante,” told Block TV that he expects for 2019 to hail in Wall Street greenbacks, which will “change the game completely.” Berwick stated that as institutional capital floods in, crypto valuations will “explode” en bloc, as there are presumed trillions waiting on the sidelines. And interestingly, many pundits believe Berwick’s quip has credence. Just recently, as reported by us previously, BitGo, in collaboration with Digital Currency Group’s Genesis Trading arm, recently revealed that it would be launching an innovative new pseudo-exchange offering. BitGo and Genesis’ collaborative effort is taking the form of a newfangled over-the-counter (OTC) trading service, which will allow clients to “buy and sell digital assets directly from the security of their BitGo Trust cold storage account.” Genesis, headed by Michael Moro, will provide its expertise in facilitating large-sum, institutionally-sourced transactions, while BitGo will leverage its veteran status in the Bitcoin custody subsector to provide security for the offering. Bitcoin, Ethereum, Ripple’s XRP, ZCash, and three other leading digital assets will be available through this innovative exchange channel. While this news may seem “same old, same old,” many believe this new venture could spark institutional interest anew. More specifically, in an environment where crypto exchanges (look at Cryptopia) are hacked, BitGo’s secure trading offering, which also touts low fees, copious amounts of liquidity, and rapid transaction processing times, Wall Street firms may begin to clamor. Plus, hype for Bitcoin ETFs has continued to mount. Sun Rays Title Image Courtesy of Bruno Van Der Kraan Via Unsplash The post CBOE CEO: Crypto Space Need Bitcoin ETNs To Boom appeared first on Ethereum World News.

a month ago

Electroneum Price Surges as Mobile App Comes to iOS Next Week

As the weekend dawns upon the cryptocurrency industry, interesting things will happen. Although there is still plenty of bearish pressure on all individual markets, it seems things are improving gradually. The Electroneum price shows an uptrend can be established under these circumstances without too many problems. While the current gains may not seem like, the overall trend is quite interesting to keep an eye on. Healthy Electroneum Price Boost Appears Albeit it has been relatively quiet on the Electroneum front as of late, the project is still alive and kicking. This mobile-oriented cryptocurrency is in the process of forging new partnerships and expanding its presence on a global scale. As such, it is only normal the price tends to fluctuate like all other markets. What is rather uncommon, however, is how the ETN value is rising right when all other markets struggle to remain in the green. Over the past 24 hours, there has been a very notable Electroneum value increase. Following a 14% gain in ETN/USD and a 14.5% improvement in ETN/BTC, one Electroneum is now valued at $0.00668 again, or 183 Satoshi. This is all happening with the barest of trading volume as well. Just $426,525 worth of ETN has changed hands in the past day, which is rather little. Even so, it appears to be sufficient to keep this current momentum in place, at least for now. The big news for Electroneum holders is the upcoming iOS beta app. The developers confirmed this app is launching in the coming few days. Although it is a beta, it is a big milestone for this particular project. Gaining more traction among iOS users can be paramount to future successes. It is also somewhat difficult to launch a cryptocurrency app on iOS these days. Electroneum’s KYC approach may have made that process slightly easier in this regard. Internal app testing is now complete. The iOS BETA will launch next week. Keep an eye out for our announcement. Thank you all for your patience! #Electroneum #ETN #iOS pic.twitter.com/vF95d6PwiM — electroneum (@electroneum) January 18, 2019 There is no shortage of Twitter users educating the masses on why Electroneum is a good buy. As Latin Crypto explains, the project mainly focuses on mobile users and enforcing KYC and AML in this market. On paper, all of the important boxes are being checked as of right now. Translating that into real-world success will be a continuous process, which is only to be expected. @electroneum is going to revolutionize the financial industry through the mobile industry by having a solid ecosystem in place and been a hybrid blockchain/fin-tech company with KYC/AML. Better than Visa, Paypal, MC, Amex and Ripple for sure...#ETN #Electroneum — Latin Crypto (@latin_cryptoetn) January 19, 2019 Cryptical is a firm believer in Electorneum’s future potential. This user expects the altcoin to be the “most profitable” of them all. That is quite a label to live up to in the coming months and years. While it is true competition in the mobile space is nearly non-existent for cryptocurrencies, it doesn’t automatically mean this project will succeed. Interesting months loom ahead for this currency. I think ETN will be the most profitable because nobody will expect us to rise anyway. We will suprise the market. We will make the biggest steps up the ladder. #ETN #electroneum — Cryptical (@Cryptical16) January 18, 2019 Based on all of these factors, it is not hard to see why Electroneum is firmly in the green right now. Despite its incredibly bleak trading volume, there is genuine excitement regarding the iOS app launch. Additionally, the currency has managed to hold its own quite well during this extensive bearish pressure. Big things are expected by the community. Meeting those expectations is a lot more difficult than it may seem. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Log in to use Ginger Limited mode altcoin × The post Electroneum Price Surges as Mobile App Comes to iOS Next Week appeared first on NullTX.

a month ago

Electroneum Price Stabilizes as Community Hopes for a $50bn Market Cap

Altcoin traders try to keep an eye on as many markets as possible. Cryptocurrency is about much more than just XRP, Bitcoin, and Ethereum. Electroneum is a successful project to date, even though its current price and market cap may tell a different story. Even so, the market is showing signs of a minor recovery following a few rough months. Electroneum Price Seeks Stability The year 2018 and early 2019 have been rather terrible for all cryptocurrencies, tokens, and digital assets. No market has sustained any real uptrend, although very few of them actually found any stability either. It now appears Electroneum is trying to do exactly that, and the efforts are seemingly paying off already. Over the past 24 hours, there hasn’t been any real Electronium price change. Although there is a 1.29% gain in ETN/BTC to bring the value back to 170 Satoshi, there is also a minor 0.35% drop in USD value. To date, one ETN is priced at $0.00618, with a potential push to $0.0065 on the horizon. Its overall trading volume, however, has dropped significantly. Under $150,000 in trades is not acceptable for any market in the market cap top 100. On social media, there is always a buzzing Electroneum community. More specifically, there is a fair bit of speculation regarding potential new partners for this project throughout 2019. While nothing has been confirmed at this point, most supporters believe it will be none other than Samsung. Other contenders include Vodafone UK and Virgin in Africa. For a mobile-oriented cryptocurrency, finding mobile partners will be an ongoing process. Who do you think @electeoneum will partner with this year (2019) .. @pahini2 @J5AliveUniverse @cechv2 @CryptoRichYT @Crypto4thepeeps @sasha35625 — chris_t (@manxcat74) January 12, 2019 It would appear some ETN supporters also expect this altcoin to be added to the upcoming Bakkt exchange in the not-so-distant future. That might be wishful thinking, although Electroneum’s KYC/AML compliance is certainly a factor to take into account. Additionally, they are making waves in the mobile industry, which seems to improve its overall market appeal on a growing scale. Even so, there are still a lot of unknown factors regarding Bakkt. @Bakkt what are your thoughts on adding #ETN #Electroneum the first KYC/AML coin it there with almost 3m users!They are #Gsma #MWC member and an advisor. -instant payment (patent pending-Gig economy site-Deals with Huge Mobile operators-Mobile miner-2 secret projects (mwc) — CryptoLady (@CryptoLadi) January 15, 2019 When it comes to price speculation, Electroneum members are never shy to put some bold predictions forward in this regard. Next to Moon remains confident ETN will hit $6 at some point in the future, although that would require a 100,000% increase in value. Although that is not necessarily impossible, it would also put its market cap at $50bn, which would be rather spectacular to behold. Come on @electroneum, you can definitely knock out the coins on you, but first change your price above $ 6, surely there will be many who will be fun for you #ETN $ETN https://t.co/5KttCJRPJq — Next to moon (@adc_vb) January 15, 2019 Based on the current Electroneum market circumstances, it would appear such a jump remains very unlikely. The first order of business remains finding some stability, after which traders and speculators can look toward the future. Until that happens, however, this status quo may very well remain in place for quite some time to come. It also shows how reliant Electroneum is on Bitcoin’s momentum prior to noting any gains of its own. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Log in to use Ginger Limited mode this attacking to be added to the upcoming Bakkt exchange × Image(s): Shutterstock.com The post Electroneum Price Stabilizes as Community Hopes for a $50bn Market Cap appeared first on NullTX.

a month ago

Daily Crypto Roundup 1/11/2019

As the crypto week ended, the space saw several important headlines. Coicheck received an exchange license, NASA looked into blockchain and two scams were uncovered. Mongolia also jumped into the stablecoin game and a U.S. congressman talked about the SEC’s role in crypto regulation. Crypto Insider also provided an interesting piece on Reverse ICOs. Catch the details from today: Coincheck Wins Crypto Exchange License 12 Months After Major Hack Last year in January, someone hacked Japan’s Coincheck crypto asset exchange for over $530 million. Several months after the hack, Japanese brokerage Monex Group acquired the exchange, paying $33.5 million in the deal. According to an announcement today, Coincheck has received license approval from Japan’s Financial Services Agency (FSA), and “is now registered with the Kanto Financial Bureau, under the country’s Payment Service Act, effective immediately,” reported CoinDesk today based on the announcement. Coincheck reportedly has improved its safety measures since last year’s hack. Read on CoinDesk NASA Eyes Blockchain Tech To Secure Aircraft Flight Data According to a CoinDesk report today, NASA is currently looking into blockchain as a way “to ensure the privacy and security of aircraft flight data.” NASA engineer and researcher Ronald Reisman published a report this week on the topic of blockchain technology. He posited the technology, as well as smart contracts, might hold the potential for improved security. Read on CoinDesk Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Finds Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) are reportedly “appropriating the private keys of users trying to redeem their allegedly forked coins,” reported CoinTelegraph today, based on a report from the Guarda Wallet development team. ETN’s site lists steps to receive the forked coins. Among such steps includes sending ethereum to a wallet address and exporting private keys, as well as utilizing a specified online tool. The tool, however, is reportedly a tampered version of MyEtherWallet (MEW). Furthermore, a user identified the associated Ethereum address as a scam. The Guarda team also found problems with ETCV. Read on CoinTelegraph Mongolia Partners With Stablecoin To Use Blockchain For Lending Services, Money Transfers Mongolian capital Ulaanbaatar has joined the stablecoin game, partnering with the Terra stablecoin project. Ulaanbaatar looks to use the stablecoin for money lending and transfer, as CoinTelegraph reported, based on news from e27. The city has plans to use the Terra stablecoin for utility bill payments, among other uses, in place of other payment options currently in use. The coming six months will see a pilot program for the endeavor. Read on CoinTelegraph US Representative Soto: Most Cryptos Need CFTC’s Light Touch, Not SEC Oversight U.S. House of Representatives member Darren Soto recently mentioned in a Cheddar interview that the Commodities and Futures Trading Commission (CFTC) should head up most crypto regulation, instead of the Securities and Exchange Commission (SEC), as covered in a CoinTelegraph article on the subject today. Soto mentioned that securities laws could stifle innovation if that innovation is not actually a security. “We’ll be saving the SEC for true securities, knowing predominantly that these are commodities and currency transactions. The [CFTC and FTC] are agencies with a lighter touch and we have grown consensus among the industry that they’d be appropriate for the majority of these types of cryptocurrency transactions and the nature of these assets,” Soto mentioned in the Cheddar interview. Read on CoinTelegraph The post Daily Crypto Roundup 1/11/2019 appeared first on Crypto Insider.

a month ago

Coinbase, Kraken and Huobi To Support Ethereum’s (ETH) Constantinople Hard Fork

The Ethereum (ETH) Constantinople Hard Fork is meant to be triggered at block 7,080,000. Further checking Etherscan, we are currently at block 7,069,605 and in line with the projected dates of 14th to the 18th January as to when the software upgrade will occur. There is also an online countdown available for crypto enthusasits to follow here. Coinbase, Kraken and Huobi To Support the ETH Constantinople Hard Fork Users of the three major exchanges of Coinbase, Kraken and Huobi can allay any fears as to whether they need to do anything with their ETH coins during the event. Huobi made the announcement about supporting the hard fork on the 11th of this month. The official statement from the exchange went on to request users to deposit their ETH into their Huobi accounts for the exchange to handle all technical requirements required. Coinbase made the announcement to support the hard fork only yesterday - January 14th. The announcement also went on to advise traders on of its platforms of Coinbase Pro, Coinbase.com, Coinbase Prime and all mobile apps, to continue buying, selling, trading and converting Ethereum during the upgrade. However, all deposits and withdrawals of ETH will be suspended during the event. Kraken also made the announcement that they too will be supporting the hard-fork. They also clarified to all users that no new coins will be created during the event. Hello, Kraken will be supporting this. We expect this will be a non-contentious fork. No new coins will be credited to ETH holders as we expect the old chain will quickly become obsolete. Best, Kraken Other Major Exchanges Supporting the Event Binance and OKEx had already announced that they will be supporting the hard fork event. Both exchanges had also advised all traders to deposit their funds into the respective platforms. Binance and OKEx will also handle all the technical back-end processes to facilitate the hard fork. Two Scams of Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) However, leading up to the Ethereum hard-fork, two scams emerged posing as legitimate forks of Etheruem and Etheruem classic. They were Etheruem Nowa and Etheruem Classic Vision respectively. Both had tried to trick Etheruem holders into giving them their private keys that would have facilitated in their addresses being emptied of all ETH funds. What are your thoughts on the upcoming Ethereum hard fork? Please let us know in the comment section below. Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post Coinbase, Kraken and Huobi To Support Ethereum’s (ETH) Constantinople Hard Fork appeared first on Ethereum World News.

a month ago

Scams Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV)...

Scams Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) are reportedly collecting the private keys of unsuspec… https://t.co/NVob4Xutyk

a month ago

Bitwise files to list bitcoin ETF on NYSE Arca

Bitwise, the crypto asset manager, filed a Form S-1 with the Securities and Exchange Commission to list its physically-held bitcoin ETF on NYSE Arca, the company announced Thursday. The bitcoin ETF has been a long awaited darling of the cryptocurrency world, and a derivative some think could propel the market out of the doldrums and into bullish territory. Still, the SEC has pushed back on all bitcoin ETF applications thus far, citing concerns of manipulation in the underlying spot market. Bitwise says its product will be based on an index that draws data from large, trustworthy, exchanges. It also will hold bitcoins for the product with a regulated custodian, the firm said. The firm says those qualifications would address the concerns regulators have had about other proposals. “The SEC has asked thoughtful and relevant questions about the quality of the crypto trading ecosystem, the reliability of crypto pricing, the strength of the arbitrage function in crypto and the robustness of crypto custody,” said Matt Hougan, Global Head of Research, who oversees the company’s indexing efforts. “We have spent the past year researching these questions and look forward to discussing those findings with the SEC staff in connection with the filing and listing application.” Elsewhere in the market, Gemini’s Winklevoss twins confirmed their commitment to getting a bitcoin ETF off the ground during an Ask Me Anything on Reddit. The twins, which tried to get a fund tracking bitcoin approved in 2017, said they “are committed as ever to making an ETF a reality,” according to a CoinTelegraph report. In Japan, regulators are looking into approving a potential ETF, as per a Bloomberg report. In Switzerland, traders went wild for a ETN product tracking cryptocurrency markets. The so-called Amun Crypto Basket ETP began trading on Switzerland’s Six Exchange at the end of 2018 and it quickly had the highest volumes of any exchange-traded product on the venue. Bitwise also applied in July 2018 for the “HOLD 10 Cryptocurrency Index Fund”, which would be the first ETF to track multiple cryptocurrencies weighted by market cap. The post Bitwise files to list bitcoin ETF on NYSE Arca appeared first on The Block.

a month ago

Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF

For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019. Also read: SEC Wants Second Look at Nine Bitcoin ETFs ETFs to Top $9 Trillion by 2022 ETFs are becoming a large part of the investment landscape. Research firm ETFGI predicts that in 2020, ETFs and ETPs listed in Europe will reach $1.1 trillion. Morgan Stanley forecasts global ETF assets to top $9 trillion by 2022. As interest in these products grows, regulators have been addressing structural vulnerabilities. Research conducted by broker and asset manager Charles Schwab shows the millennial generation is increasingly choosing to invest in ETFs accessed by apps. It could be a game-changer when - or if - the SEC approves a bitcoin ETF. There have been a number of applications submitted over the years. The most recent ones include Proshares, which had two proposals for a bitcoin ETF, both based on bitcoin futures contracts. There was also the Vaneck-Solidx proposal which is based on a physical-backed bitcoin ETF. Before an ETF is approved to trade on one of the U.S.’s major exchanges, there is a number of factors which need to be considered. Bitcoin Market Cap Stands at $72 Billion Last year, Blockforce Capital launched blockchain ETFs in the form of BLCN and the world’s first Chinese blockchain ETF, BCNA. Eric Ervin, CEO of Blockforce Capital, told news.Bitcoin.com the current market environment has the ability to support an ETF for two primary reasons. “First, [BTC] has a market cap of $72 billion,” he explained. “While this is small in comparison to many blue-chip stocks, there are a number of ETFs currently on the market that are focused on esoteric assets. For example, iShares’ IWC ETF focuses on micro-cap stocks, and has almost $900 million in assets. Collectively, the underlying stocks have a market cap of about $450 billion. That number dwarfs bitcoin’s market cap, but when looking at the underlying assets’ liquidity, there are significant volume constraints.” Ervin explained that 40 percent of the IWC fund comprises holdings that are greater than 50 percent of the average 30-day volume. This is because most are micro-caps, and are also only listed on U.S. exchanges. Ervin highlights that in comparison, BTC’s 24-hour trading volume is about $5.3 billion, and trades on multiple exchanges around the world, allowing global investors to add liquidity to the marketplace. Exchange Arbitrage Is a Growing Business As the market develops, participants are becoming more sophisticated and exchange arbitrage is a growing business. Ervin said: “Exchange arbitrage - buying bitcoin on exchange A and selling on exchange B to take advantage of small price inefficiencies - is a growing business as many traditional market players enter the space because returns from arbitrage are considered ‘risk free’ as the strategy has no directional exposure.” When the Blockforce Capital team started arbitraging prices at the beginning of summer 2018, they were averaging around 75 bps profit per trade. “That number has dwindled and the number of opportunities have gone down considerably, due to increased competition. These market participants add liquidity to the marketplace because if an exchange’s price of [BTC] deviates from the global mean, market participants will arbitrage the price back in line with the global average,” explained Ervin. He concludes that this factor, coupled with an expanding derivative, futures, and swap market, adds liquidity and makes it much more difficult for the price of a globally traded asset to be manipulated, adding: We could make the case that an ETF holding a substantial amount of a micro-cap stock’s daily volume would have a higher impact on the price than a globally traded asset. Scandinavia Leads Market With Bitcoin ETNs As the SEC continues to agonize over whether to approve a bitcoin ETF, it is worth taking a look at other crypto financial products such as Sweden’s bitcoin exchange-traded note (ETN). In May 2015, XBT Provider AB announced the authorization of Bitcoin Tracker One, the first bitcoin-based security available on a regulated exchange. Laurent Kssis, the CEO of XBT Provider, a Coinshares company, said that to put things in perspective, a so-called ‘physical’ bitcoin ETF simply asks for money upfront to buy the underlying asset physically. “In this way, a bitcoin ETF provides quick exposure to the underlying asset, but this also means the market needs to be liquid enough to support any new demand for the underlying asset - in this case, bitcoin. There is a key operational question that regulators and investors alike need answered before approval of a bitcoin ETF,” explained Kssis. The good news is there are prior proxies in the market to study. Kssis said in his experience of operating the B

a month ago

OKEx To Support the Upcoming Ethereum (ETH) Constantinople Hard Fork

Prominent crypto exchange of OKEx has announced that it will be supporting the upcoming Ethereum (ETH) Constantinople Hard Fork that is scheduled to take place at the block height of 7,080,000. The exact date is not known but it is estimated that the event will occur between January 14th and 18th, 2018. OKEx’s announcement comes a day after Binance also stated that it will be supporting the Constantinople hard fork. OKEx has assured its clients that it will take care of all technical requirements during the event. It has also informed the crypto community that if there are any airdrops, they will distribute them to their users. The OKEx announcement summarized the hard fork as follows: To secure your asset, we recommend you to deposit you Ethereum tokens into OKEx. And we will handle all the technical requirements for the hard fork. If there are any airdrops during the hard fork time, project teams are welcome to contact us at airdrop@okex.com. We will do the distribution to our users after receiving the tokens. Unconfirmed Reports of Other ETH Hard Forks with Airdrops At the moment of writing this, there are reports of possible airdrops from the hard forks of Ethereum Classic Vision and Ethereum Nowa. No exchange has yet to announce its support of these events. Ethereum Classic Vision is a hard fork of Ethereum that will take place on the 11th of January before Constantinople. All holders of Ethereum will receive 3 ETCV for each ETH in their wallets. This hard fork leverages the best of both Ethereum and Ethereum classic. It promises to introduce PoS mining, sharding and solve many of the current challenges in the market. In the case of Ethereum Nowa, its hard fork will happen on the 12th of January. Each owner of ETH will get 1 ETN. However, there are words of caution on the BitcoinTalk forum warning that this fork might be fraudulent. Users are advised to be carefule moving forward with the ETN hard fork. Safer to Have your ETH on Binance or OKEx For Any Airdrops With the Constantinople hard fork only days away, it is advisable to leave your ETH in trusted exchanges such as Binance or OKEx. If a hard fork is legitimate, these exchanges will facilitate the airdrops. What are your thoughts on OKEx supporting the upcoming Ethereum (ETH) Constantinople Hard Fork? Please let us know in the comment section below. Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post OKEx To Support the Upcoming Ethereum (ETH) Constantinople Hard Fork appeared first on Ethereum World News.

2 months ago

What Is Electroneum? Introduction to ETN Token

What Is Electroneum? Electroneum is a blockchain-based payment platform designed specifically for use on mobile devices like smartphones. It’s claimed to be the first Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) compliant cryptocurrency. ETN, Electroneum’s native crypto, is virtually mined using mobile devices. The cryptocurrency has a massively loyal and committed following - its marketing strategy has tended toward virality, which has gained it over 2.7 million registered users (January 2019). As well as an impressive 129k Twitter followers, the project has attracted 143k Facebook users - interesting because FB is not a platform not known for crypto projects. Many don’t even have a Facebook page. This could illustrate that there is a strong following beyond crypto devotees - which would, of course, be exactly what the team would want to see. Of course, 2.7 million registered users does not measure active use, just as Bitcoin’s 22 million wallets doesn’t suggest that 22 million people are using Bitcoin today. But it’s a remarkably strong performance - and proves the power of integrating with major players like Google’s Play Store. The core development team of 12 is headed by SiteWizard co-founder Richard Ells. Its initial goal during its 2017 inception was to replace in-game currencies for mobile games. Gambling platforms were a natural evolution, as were mobile payments. Based in the U.K., the project is also still focused on emerging economies with large unbanked and underbanked populations. It was initially a soft fork of the Monero code but hard forked on May 30, 2018 at block 307500 to its own code. Part of the reason was to streamline code, and the other was to welcome ASIC rigs to the network, as Monero forked to resist GPU-based ASIC mining. Now the project is focused on mobile payments and has partnerships including telecommunications payment behemoth XIUS, e-commerce company BMedia, and more. But that doesn’t mean it isn’t still true to its gaming roots - its partnership with Mobile Streams PLC’s gaming platform exposes it to the service’s 750,000-strong subscriber base in Latin America. Is Electroneum the next big chain on the block, or is it all just a great white hype? We’ll start our research by examining the market performance of ETN, Electroneum’s proprietary cryptocurrency token. ETN Cryptocurrency Summary The peak price of ETN so far was $0.185470 on January 6, 2018. As of January 2nd, 2019, the circulating supply is 8,660,074,174, out of a total supply of 21,000,000,000 ETN. The team chose 21 billion over Bitcoin’s 21 million cap to encourage user adoption and satisfaction of earning a full coin instead of a minute fraction of one. The Electroneum ICO crowdsale occurred from September 14 through October 23, 2017. Twenty-nine percent of the total supply was made available to the public during the ICO, raising $40 million worth of ETH. [{"date":1514999055000,"value":0.0891296,"volume":6323970},{"date":1515085457000,"value":0.0828712,"volume":7804990},{"date":1515171856000,"value":0.114219,"volume":14173100},{"date":1515258256000,"value":0.218755,"volume":50984700},{"date":1515344656000,"value":0.174513,"volume":30050600},{"date":1515431056000,"value":0.158732,"volume":14915000},{"date":1515517457000,"value":0.168621,"volume":10399700},{"date":1515603856000,"value":0.158775,"volume":8450510},{"date":1515690256000,"value":0.152799,"volume":7719450},{"date":1515776656000,"value":0.149177,"volume":6340560},{"date":1515863056000,"value":0.179587,"volume":15773400},{"date":1515949456000,"value":0.160841,"volume":7974030},{"date":1516035856000,"value":0.161677,"volume":6816240},{"date":1516122261000,"value":0.125843,"volume":8670150},{"date":1516208661000,"value":0.0932108,"volume":7685810},{"date":1516295061000,"value":0.125274,"volume":7136780},{"date":1516381461000,"value":0.120053,"volume":4580090},{"date":1516467863000,"value":0.152585,"volume":14954300},{"date":1516554262000,"value":0.127335,"volume":6070170},{"date":1516640662000,"value":0.119012,"volume":4916250},{"date":1516727062000,"value":0.129039,"volume":4885680},{"date":1516813463000,"value":0.122591,"volume":3768580},{"date":1516899862000,"value":0.120301,"volume":3823250},{"date":1516986262000,"value":0.115058,"volume":4287090},{"date":1517072662000,"value":0.112921,"volume":3777030},{"date":1517159062000,"value":0.104875,"volume":3827660},{"date":1517245462000,"value":0.0964721,"volume":7026650},{"date":1517331863000,"value":0.0816634,"volume":3902110},{"date":1517418262000,"value":0.0797021,"volume":3763750},{"date":1517504663000,"value":0.0615434,"volume":3171850},{"date":1517591063000,"value":0.0764358,"volume":7705450},{"date":1517677463000,"value":0.0743658,"volume":4554000},{"date":1517763863000,"value":0.0640516,"volume":2495870},{"date":1517850263000,"value":0.0514354,"volume":2923990},{"date":1517938463000,"value":0.0497075,"volume":4955980},{"date":1518024863000,"value":0.0725776,"volume":663590

2 months ago

What Is Monaco? Introduction to the Crypto.com MCO Token

What Is Crypto.com? Crypto.com was formally known as Monaco. It’s a blockchain firm offering a mobile wallet app and prepaid MCO Visa prepaid cards to let users buy, sell, trade, and spend cryptocurrencies like bitcoin and ethereum, and fiat currencies like dollars and yen. Monaco spent an estimated $10 million in June 2018 to rebrand as Crypto.com. Monaco (MCO) is the native ERC-20 cryptocurrency token of Crypto.com’s payment platform. This Hong Kong-based project may throw up red flags for marrying credit cards and cryptocurrencies because of the infamous Centra ICO. Both Floyd Mayweather and DJ Khaled were charged with fraud and fined nearly $800,000 between them for promoting a $32 million fraudulent ICO with a false Visa partnership. The Visa partnership was held up repeatedly during late 2017, leading to a toxic dump as retail investors fled the project. Even the announcement itself was greeted with some derision, when it became clear how the card would actually operate. Now, however, the business appears to be back on track and actually delivering on some of its promises. But Crypto.com isn’t Centra, and its Visa-branded prepaid cards are finally real; they just don’t use cryptocurrency for payment. Instead, you must meet certain MCO staking thresholds to access higher card levels. The cards are metal, which has a special connotation in the world of credit and debit cards (think American Express Centurion, colloquially known as “the Black Card” or “Amex Black”). We’ll dive into the details a bit further in the next section, but all you need to know for now is that you’ll be spending fiat currency on legit prepaid Visa-branded cards, accepted wherever Visa is accepted. In fact, Crypto.com offers cash back rebates, access to LoungeKey airport lounges, and a slew of other services for its cardholders. It’s as legitimate as any other prepaid card, except it’s a lot more crypto-friendly. As of the end of 2018, major credit card-issuing banks like Citibank, Bank of America, and JP Morgan Chase ban the purchase of cryptocurrencies with their cards. Online services like PayPal aren’t any friendlier - Peter Thiel’s fintech giant seems to fear cryptocurrency more than embrace it. (At least until he creates his own.) So how did Crypto.com CEO Kris Marszalek, CFO Rafael Melo, and CTO Gary Or navigate these muddy waters to create Crypto.com? And what are the odds of this high-profile domain name and crypto-friendly financial tools becoming the hottest bet in crypto? We’ll start exploring that answer with a review of Monaco (MCO), the native cryptocurrency token of the Crypto.com Visa-branded cards. MCO Cryptocurrency Summary As of December 28, 2018, the circulating supply of Monaco is 15,793,831 out of a total supply of 31,587,682 MCO. The peak price of MCO so far was $24.22 on August 28, 2017. The Monaco ICO crowdsale took place from May 18 through June 18, 2017, raising $26,700,000 worth of ETH and selling 9,476,400 MCO. Of the total supply of 31,587,682, 30 percent was sold in the ICO crowdsale, 25 percent was retained by the Monaco founders, 10 percent was held by the company, 5 percent was awarded to advisors, and 30 percent was held as reserve tokens. [{"date":1514999051000,"value":15.9196,"volume":37161000},{"date":1515085452000,"value":17.2142,"volume":33849800},{"date":1515171852000,"value":17.147,"volume":49335000},{"date":1515258252000,"value":16.2244,"volume":36239900},{"date":1515344652000,"value":19.0145,"volume":46807600},{"date":1515431052000,"value":17.9762,"volume":42000200},{"date":1515517452000,"value":17.6076,"volume":27900800},{"date":1515603852000,"value":16.1361,"volume":25469700},{"date":1515690252000,"value":15.8246,"volume":22930800},{"date":1515776651000,"value":15.4791,"volume":17477900},{"date":1515863052000,"value":17.8419,"volume":19544000},{"date":1515949452000,"value":15.7012,"volume":29121000},{"date":1516035852000,"value":16.5563,"volume":19716300},{"date":1516122256000,"value":13.446,"volume":24155800},{"date":1516208655000,"value":9.54896,"volume":13760600},{"date":1516295056000,"value":11.8387,"volume":23828100},{"date":1516381455000,"value":12.3314,"volume":16365000},{"date":1516467856000,"value":13.0178,"volume":7045340},{"date":1516554256000,"value":12.4177,"volume":11572600},{"date":1516640657000,"value":11.1108,"volume":18965900},{"date":1516727056000,"value":11.8744,"volume":13229600},{"date":1516813457000,"value":11.6267,"volume":10131000},{"date":1516899855000,"value":11.6545,"volume":9376160},{"date":1516986256000,"value":11.9382,"volume":10877600},{"date":1517072655000,"value":12.664,"volume":9095900},{"date":1517159056000,"value":12.8938,"volume":11590400},{"date":1517245455000,"value":11.8618,"volume":8006460},{"date":1517331856000,"value":10.9527,"volume":7379550},{"date":1517418256000,"value":10.4061,"volume":9229360},{"date":1517504656000,"value":9.63507,"volume":14858300},{"date":1517591058000,"value":9.52744,"volume":8395050},{"date":15176774570

2 months ago

Ethereum Gains 80% In 2-Weeks Surpassing Ripple As The Second Largest Crypto

TL;DR Ethereum (ETH) has finally managed to return to its position of a second largest coin by market cap, after spending a month and a half in XRP’s shadow. The project expects a busy month as there are several hard forks that Ethereum’s network will undergo in mid-January. After almost two months of being in third place on the coin market cap list, Ethereum (ETH) has finally made its comeback. Today, January 2nd, ETH managed to surpass XRP as the second largest cryptocurrency. For months now, the crypto community speculated about the future of ETH, with some claiming that the coin’s glory days are over. Others remained convinced that ETH will bounce back, and while retaking its place from XRP is a significant milestone, it might only be the first step for ETH, in anticipation for a hot January. As of now, Ethereum seems to be advancing at a steady pace, with the current ETH price $150 per coin, after seeing an 8% increase in the last 24 hours and over 80% in two weeks. Ethereum’s market cap is $15.6 billion, while Ripple’s is $14.9 billion. The Top 5 Crypto Coins. Source: Coinmarketcap.com What Does The Short Future Hold for Ethereum? The Ethereum community remains optimistic regarding the coin’s future, and so far, their hopes are seemingly coming true. Ethereum is getting ready for a busy January, as there are several hard forks that the coin is expected to have. The three most significant ones are scheduled to occur in the next two weeks, and they are as follows: January 11th — Classic Vision Hard Fork 2. January 12th — Ethereum Nowa Fork 3. January 16th — Constantinople Fork The Classic Vision Hard Fork is expected to provide all ETH holders with 3 ETCV coins for each ETH that coin holders possess in their wallets. The Nowa Fork will grant ETH holders with an ETN coin for each ETH in coin holders’ possession, while the Constantinople Fork, which may even occur earlier than January 16th, remains the most significant one, as it will play a large part in Ethereum’s transition to PoS protocol. Hard Forks To Improve ETH Ecosystem Ethereum is responsible for the still-growing popularity of dApps and smart contracts, and it revolutionized token creation by allowing other tokens to develop on its blockchain. With several hard forks almost ready to be performed, investors are wondering what to expect. While the forks can be beneficial to Ethereum, there is always the danger that they will weaken the network by splitting into new coins. The possibility is quite real, and the incident revolving around BCH hard fork in mid-November is still fresh in investors’ memory. Having the same type of an incident would make it very difficult, if not impossible, for Ethereum to handle the competition. Even if the forks occur without any conflicts, it is still nearly impossible to predict the potential consequences, especially when it comes to long-term predictions. Experts’ forecasts claim that significant volatility can be expected in days following the forks. For now, there are no certainties, and most of the new development will be known after the forks take place. For now, at least, Ethereum is handling itself quite well, and the new year has started on a positive note once more. The post Ethereum Gains 80% In 2-Weeks Surpassing Ripple As The Second Largest Crypto appeared first on CryptoPotato.

2 months ago

Electroneum has achieved much more than most people realise ...

Electroneum has achieved much more than most people realise in the last year, including a series of world firsts fo… https://t.co/wMOivLMeZR

2 months ago

KYC is here. Got a KYC query? We've got the answers. Head ov...

KYC is here. Got a KYC query? We've got the answers. Head over to the ETN Community Forum. Here's the link:… https://t.co/JQ2TKQcwuR

2 months ago

KYC is here. Have you completed yet? If not, log into the ET...

KYC is here. Have you completed yet? If not, log into the ETN app and follow the instructions… And don't forget to… https://t.co/wzTEwK1Xkt

2 months ago

Today's the day! KYC is here. Have you completed yet? If not...

Today's the day! KYC is here. Have you completed yet? If not, log into the ETN app and follow the instructions… An… https://t.co/rg1A7e1D51

2 months ago

KYC is coming tomorrow. If you have any KYC queries, head ov...

KYC is coming tomorrow. If you have any KYC queries, head over to the Electroneum Community Forum. There's loads of… https://t.co/D1VLwOp0hy

2 months ago

KYC is coming on December 27th. Got a KYC query? We've got t...

KYC is coming on December 27th. Got a KYC query? We've got the answers. Head over to the ETN Community Forum. Here'… https://t.co/teUcLU7TOY

2 months ago

Even your grandmother can now buy ETN. Introducing @Indacoin...

Even your grandmother can now buy ETN. Introducing @Indacoin - a simple and fast way to buy ETN with a debit or cre… https://t.co/ewr2sauYSS

2 months ago

KYC is coming on December 27th. If you have any KYC queries,...

KYC is coming on December 27th. If you have any KYC queries, head over to the Electroneum Community Forum. There's… https://t.co/1nUXdmwEbb

2 months ago

One Development Collaborates with Electroneum for a Mobile-based Crypto Solution for Mobile Network Operators

According to a press release today, Electroneum and One Development, a Thailand-based mobile virtual network aggregator have partnered to develop a mobile-based crypto solution. Per the release, the solution would help mobile virtual network operators to benefit from cryptocurrencies while protecting them from risks. Richard Ells, the CEO of Electroneum, commented that he envisions a solution with a lot of potential as One Development has vast experience and local market insight. (KE)

2 months ago

Electroneum is proud to have been invited into Blockfolio Si...

Electroneum is proud to have been invited into Blockfolio Signals, the #1 cryptocurrency portfolio tracker with ove… https://t.co/maFipdQl5p

2 months ago

Electroneum Thais One On With Mobile Phone Operator

Electroneum’s (ETN) new partnership with a Thai-based mobile phone operator will rapidly enable the network to expand into the country, the project’s CEO hopes. Last night, Electroneum announced a new agreement with Thailand’s One Development, which provides the network service infrastructure and coverage for mobile phones. The partnership will explore options for Electroneum to be used as an end-to-end cryptocurrency solution. This might even include using ETN tokens to pay for data usage. Electroneum is a payments system that can be accessed from an app. Users can send and receive crypto transactions, lowering the barrier to entry in the developing world where mobile devices are already used as payments tools. It introduced new KYC requirements earlier this year, which it claimed made it a trustworthy method to buy age-restricted items, like alcohol, without needing to show other proofs of identity. Electroneum isn’t the only one implementing cryptocurrency payments into mobile devices. Crypto Briefing reported earlier this week that a company selling phones pre-loaded with Dash (DASH) was doing extremely well in the Latin American market, and in Venezuela particularly. Electroneum partnership One Development is one of Thailand’s leading mobile virtual network enablers (MVNE) as well as its first mobile virtual network aggregator (MVNA). It provides the foundational network infrastructure and data services to companies which can then sell it on under their own brands, such as phone companies. Richard Ells, Electroneum’s CEO and founder, believes the new partnership will be a “major step” in providing more crypto-based services to Thailand. He has previously highlighted that Electroneum’s success depended on partnerships with network operators who can encourage greater ETN adoption. Ells said: Our developing partnership with One Development is an important example of how the ETN model drives self-funding, financial inclusion and inclusivity; a powerful connection between the unbanked and industrialized worlds that enable populations to work out of poverty. Allan Rasmussen, the CEO of One Development, added that ETN would provide significant benefits across the spectrum in a legal and secure manner. “With Electroneum, we firmly believe we found a partner that ticks the right boxes when it comes to benefiting all stakeholders in our ecosystem,” he said. “With ETN’s introduction of Know Your Customer (KYC) and Anti Money Laundering (AML), the regulatory compliance box has also been ticked, providing a trusted environment, and we now look forward to working with Electroneum on the promotion of ETN.” The author is invested in digital assets, but none mentioned in this article. Join the conversation on Telegram and Twitter! The post Electroneum Thais One On With Mobile Phone Operator appeared first on Crypto Briefing.

2 months ago

Great news! Buying ETN is easier than ever. We're happy to a...

Great news! Buying ETN is easier than ever. We're happy to announce that we've partnered with @Indacoin where you c… https://t.co/bx9mklU7TP

2 months ago

Electroneum Price Remains Bullish as $0.008 is Within Reach

There has been a fair amount of uneasy market momentum last night. It seemed as if all of the major markets would go through a massive correction following some very strong gains. So far, most of the damage has been minimal, which is another bullish market sign. For Electroneum, the current gains remain in place, as its price maintains itself at $0.007. Electroneum Price Success in Holding its own When the cryptocurrency markets go through a massive uptrend for several days on end, a brief correction is more than expected. So far, there hasn’t been any real sign of weakness, although some of yesterday’s gains were wiped out in the evening. Now that all markets have seen a brief spell of less bullish momentum, things have seemingly begun to improve once again. Most of the altcoins are still in the green, which is always interesting to keep an eye on. In the case of Electroneum, things are not looking all that bad right now. Although there is only a minor gain in USD and BTC value, the $0.007 price level has held without too many problems. With this new 2% gain, there may even be a push to $0.0075 or $0.008 in the coming hours. The 200 Satoshi level is still slightly out of reach, albeit it wouldn’t take much effort to reach that as well. As is usually the case when it comes to discussing altcoins on social media, there will be some borderline shilling taking place. C. Alan Mack hopes to see Electroneum added to Coinbase in the very near future. In his opinion, ETN is on track for mass adoption, which would make it one of the most successful projects to date. Achieving that goal will still take a fair bit of work, though. Please add #Electroneum. #ETN is a huge project that is right on track for #Massadoption. @electroneum — C. Alan Mack (@MackCurt) December 20, 2018 Speaking of shilling currencies, there are always some Tweets which simply take the cake. In the case of Tony Griffiths, claiming Electroneum will be a “1000x coin” for early 2019 is quite the statement. Such a value increase would bring the worth of each ETN to $7. That is still a somewhat acceptable value when considering this altcoin has a supply identical to Bitcoin. Even so, this appears to be mere wishful thinking rather than something that will actually happen in 2019 or ever. Electroneum is an Easy 1000x coin for early 2019 #ETN https://t.co/ynbt7UbIZA — Tony Griffiths (@LordC8HOC) December 20, 2018 What is effectively happening, however, is a recent partnership with Sistemkoin. This Turkish exchange is slowly making a name for itself in the cryptocurrency world. Electroneum firmly believes Turkey will be such a critical market for this mobile-oriented cryptocurrency. A very interesting train of thought, albeit it remains to be seen what this partnership can bring to the table exactly. #Blockchain #Crypto Earlier today, we announced our partnership with @SistemKoin. They are a key strategic partner for #ETN. Here's five reasons why they and Turkey are so important... pic.twitter.com/pplJSFYGFI — Ytrade loyal (@EsmaLoyal) December 20, 2018 As the overall positive cryptocurrency momentum remains in place, there is a good chance the vast majority of markets will continue to see an uptrend for today. How high the prices will go, is a different matter altogether. Anything is possible in this industry, but no one should get ahead of themselves either. For the Electroneum price, a value of $0.0075 is certainly attainable, but that doesn’t necessarily make it sustainable. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Electroneum Price Remains Bullish as $0.008 is Within Reach appeared first on NullTX.

2 months ago


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