EOS EOS

$3.65
Market Cap $ 3.310 Bn (#5)
24h Volume $ 1.393 Bn
Chg. 24h: -0.43%
Algo. score 3.8/5  (#79)
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EOS News

China's CCID Ranks Bitcoin At The Bottom

The China Electronic Information Industry Development (CCID) has been updating its blockchain ranking on a regular basis, and this time around Bitcoin is at the bottom. Previously, Bitcoin held the 13th spot. For the month of March, it has now fallen down two more spots to 15. Right at the top is EOS, followed by TRON and Ethereum. Other blockchains ranked above Bitcoin include NEO, Steem, Waves, and Stellar. However, it should be noted that the ranking is only for blockchains, focusing on their dapp capability. Bitcoin is not meant to be a dapp platform like Ethereum and EOS. Bitcoin (BTC) is priced at $4,030.55, gaining 0.13% in the last 24 hours. (VS)

2 hours ago

Jimmy Zhong Announces That IOST is Now the Fourth Most Used Dapp Platform After ETH, EOS, and TRX

Earlier today, Jimmy Zhong, the CEO of IOST, announced that IOST is now the fourth most used Dapp platform after Ethereum, EOS, and Tron. He added that IOST is the first scalable and decentralized solution. In the same tweet, Zhong also unveiled IOST's plans stating that the project seeks to create a mobile wallet for Dapps and increase the number of Dapps, transactions, and users. He further cited that IOST aims to develop more real projects with enterprises and governments, launch ICOs, and build Stablecoins. (KE)

7 hours ago

Lykke Exchange Launches Two New Crypto Indexes

Lykke, a Swiss-based crypto exchange startup, recently launched two new crypto indexes along with their associated service tokens. The first index, called Smart LyCI, tracks the top ten blockchain projects that work on improving how contractual agreements are recorded and settled and includes Ethereum, Ethereum Classic, NEM, TRON, Tezos, Onthology, EOS, Cardano, NEO and Stellar. The second is called Pay LyCI, and it tracks the top 10 cryptocurrencies that can be used to buy and sell goods and services including Bitcoin, Bitcoin Cash, Bitcoin SV, Dash, Dogecoin, IOTA, Litecoin, Monero, XRP and Zcash. (JF)

18 hours ago

China’s 11th Crypto Rankings: EOS First, TRON Second, Ethereum Third, Bitcoin Fifteenth

Bitcoin comes in 15th while EOS keeps its top spot in the recently released Chinese official crypto rankings

a day ago

New Crypto Ratings Index Lauds EOS, TRX, and ETH; Shuns BTC and LTC

China's Center for Information and Industry Development (CCID) recently released its latest crypto ratings index. The government-sponsored index ranks digital currencies based on the performance of their technology, applicability, and creativity. The index continues to praise smart contract platforms with EOS, TRX, and ETH taking the top-three positions once again. CCID placed BTC, XRP, and LTC at the bottom of the list, showing its distaste for pure cryptocurrencies. BTC took the 15th spot while XRP took the 18th position. CCID placed LTC at the 32nd slot. (VK)

a day ago

New Crypto Ratings Index Boosts EOS, Tron and Ethereum – Shuns Bitcoin, XRP and Litecoin

China’s Center for Information and Industry Development (CCID) just released its latest crypto ratings index. The government-sponsored index ranks the top cryptocurrencies according to the performance of their basic tech, applicability and creativity. The index continues to favor smart contract platforms, with EOS, Tron and Ethereum once again taking the first, second and third spots, […]

a day ago

China's CCID Research Institute Releases Its Latest Cryptocurrency Rankings

China’s CCID Research Institute has released its 11th CCID Global Public Chain Technology Evaluation Index which evaluates and ranks 35 of the top blockchain projects. The top ranked project continues to be EOS, which received a total index value of 155.7. Competitors Tron (TRX) and Ethereum (ETH) claimed the second and third spots respectively, while BitShares (BTS) came in fourth and Nebulas (NAS) rounded out the top 5. The Nebulas project showed the best improvement in terms of ranking on this list, and other notable mentions include Waves, Ethereum Classic, and Tezos. (JF)

2 days ago

We're excited to introduce our new website at ...

We're excited to introduce our new website at https://t.co/RypKuX0AO9 built by the eosDAC community through custodi… https://t.co/WvBgtxv1UL

2 days ago

EOS Price Analysis – March 22

EOS is in a bearish trend in its short-term outlook. The bears' dominance of the market was reflected with the break of the lower demand area at $3.72 dropping the cryptocurrency initially to $3.67 and later to $3.59 in the demand area

2 days ago

EOS Founder Predicts Big Changes for Bitcoin, Says BTC Will Split Into ‘Dark’ and ‘Light’ Pools

The founder of EOS is predicting that two big changes for Bitcoin are on the horizon. According to Brendan Blumer, the value of a given amount of BTC will one day be based on its transaction history. If a batch of Bitcoin has a known history of illegal activity in its past, he believes its […]

2 days ago

Binance Adds IOST/BNB and IOST/USDT Trading Pairs As IOST/BTC Volume Tops on Binance Ranking Board

Binance has opened trading for IOST/BNB and IOST/USDT trading pairs at 2019/03/22 4:00 AM (UTC). Multiple positive news has pushed IOST to rise 8.17%, landing at $0.0091 at the moment. IOST had released its first DApp-Endless Game on Mar. 20, with transactions volumes breaking above 700M IOST on its very first day. Plus, IOST/BTC trading volume also tops on the Binance ranking board, totalling 9478.23BTC in the past 24 hours. According to IOST’s announcement on its official blog, more diverse DApps are in the pipeline. IOST CEO Jimmy Zhong said IOST has become the 4th most playable blockchain beside ETH, EOS and Tron. (RL)

2 days ago

Brian Armstrong (Coinbase CEO) asks what crypto he should add next. Let's get EOS added!!

Here's where he asked, and where I answered. Let's get EOS to the top with likes: https://twitter.com/ColinTCrypto/status/1108759750400004096

3 days ago

Top Cryptocurrencies on the Verge of Breaking out Following an Exciting Weekly Performance

Months of waiting seem to be getting to an end as the cryptocurrency market gradually shows positive sign of bouncing back. The last seven days has been an interesting one. Almost all the top cryptocurrencies are showing a positive growth rate with Bitcoin getting back to the $4000. Bitcoin was trading at $3,905 on 13 March 2019 but recorded a 3.5% price increase to trade at $4,070 in seven days. Ethereum, the second highest ranked coin in Market Cap made an impressive price surge from $133 on 13 March 2019 to $139 today (20 March 2019.). It recorded a percentage rise of 4.1%. XRP trading at $0.316 on 13 March 2019 made a little price surge to trade at $0.319 today. It recorded a 1.17% rise in the price curve. Litecoin unsurprisingly repeated its good run to trade at $60. Litecoin was somewhere around the $30 mark at the beginning of the year, but for some time now has made good progress to double its price. Litecoin moved by 7% to record $60 from its $56 price point on 13 March 2019. EOS coin surged by 2.7% to trade at $3.7 from its $3.6 price mark in the last seven days. Bitcoin Cash is the coin of the week in the last seven days. BCH surged in price by 23%. On 13 March 2019, it was trading at $129. In just seven days, it took a high jump to record $158. Stellar Lumens pulled an impressive performance to make a difference in its price by recording a 6% price increase. On 13 March 2019, it was trading at $0.103 but currently trading at $0.111. The 6% price growth made a little impact on its market price due to the size of its available supply. Tron surged in price by 1.77%. Cardano also made another impressive run having recorded a percentage increase of 13% in the last seven days. It was trading at $0.04 on 13 March 2019 but currently trading at $0.05. Monero which is ranked in the first 20 of Coinmarketcap rankings rose in price by 7% in the last seven days. Another cryptocurrency that deserves recognition is Ontology. Ontology surged in price by 23% in the last seven days. It is interesting to note that after the market stabilized for a while, there has not been any massive fall. The cryptocurrencies have been climbing the price curve slowly, and this is a good sign for the market and for those who have some coins in their wallet waiting for the bull run. The post Top Cryptocurrencies on the Verge of Breaking out Following an Exciting Weekly Performance appeared first on ZyCrypto.

3 days ago

Forget An ICO, Here’s How to Shine on Exchanges Alone

The ICO is yesterday’s news. No sooner had projects raised $6bn in the first six months of 2018 than the entire market dried up. Just $1.5bn arrived through Initial Coin Offerings between July and December of last year. The start of 2019 has been just as quiet. February marked a new low in funds raised. And with no respite in sight, emerging projects find themselves in a sticky situation: how do you launch a pioneering concept into an unpredictable market that lacks the buzz of an ICO? The answer could be simpler than you think. “Go Where The Investors Are” The fact is - most ICO’s fail anyway. Thousands of projects die after short-lived success showing that the ICO’s-of-old allowed ‘too much focus on launching without any focus on the build.’ They let unworthy concepts slip through the net, while it’s been the average investor who’s paid the price. It’s about time the ICO was put in its place, and now the excitement has died down, an alternative approach could do just that. It’s a strategy pioneered by a project in the luxury sector - by a team that’s devoted their resources to building a real currency over raising money from the masses. But it could work for any cryptocurrency that stays true to the same cause. The approach? Direct exchange listings. Leveraging Existing Communities Elitium is building its luxury lifestyle network using the EOS protocol. The company is developing an application that will use smart contracts, cryptocurrency, and artificial intelligence to remove the inefficiencies of the luxury sector. But while the company was founded in April 2017, Elitium has waited until recently to launch its coin. After two years researching its concept, the team listed the native cryptocurrency EUM directly on premier digital asset trading platform BitMart on February 20th. Now, precisely one month later, Elitium is moving forward with listing two. On Wednesday 20th March, Elitium’s coin EUM will become available on the innovative multi-currency crypto-trading platform STEX. Elitium chose STEX as the exchange is unique in the crypto world: it focuses on altcoins with a community that does the same. So, STEX will help Elitium build momentum among its core audience. To many, STEX is also one of the most underrated, albeit well-supported, exchanges out there - and being so user-focused, it dovetails well with Elitium’s strategy. By listing on STEX, Elitium will make it as easy as possible for any investor to purchase EUM. It will remove the typical barriers to entry - such as tricky KYC or opaque payments - and tell the same story that Elitium is championing with its platform. An intuitive user experience that puts luxury within reach of anyone. The Future of Luxury The success of the project will rely on more than exchanges alone. Elitium needs a user base to support its vision. And while the direct listing strategy has helped grow the official Elitium Community by almost 400% in one month, the team must capitalize on its momentum. Elitium plans to do so with ongoing platform developments, the first being a Virtual Executive Robot Assistant - or VERA, for short. VERA is the cornerstone of the Elitium mission. A showcase of what genuine luxury could one day be: a lifestyle characterized by free time, the time to live the life you dream of. Yet, while VERA is a key to Elitium’s future, the platform will offer so much more. EUM will sit front-and-center. A cryptocurrency with a real use case to enable anyone, anywhere, to live their own version of luxury. A coin that’s backed by tokenized insurance for an additional layer of security; a payment method that rewards the user for spending EUM. The Black Card of the Blockchain, if you will. EUM will also unlock the utility of the Elitium platform, potentially saving billions of dollars by helping service providers better manage the stream of paperwork their operations generate; or simply letting busy families find time for vacation: here, Vera will come into her own sorting the destination, bookings, and activities - in just a few simple steps. Therein lies the beauty of the Elitium ecosystem. An AI-enhanced network - underpinned by the blockchain - that connects people with brands and services from across the world. A time-saving device that will free you from the constraints of your day-to-day to pursue a lifestyle you can only dream of. Listings Sustain Growth The market is evolving, yet remains unpredictable. Partnerships with STEX and BitMart put Elitium in front of investors and early-adopters who can help scale the platform in a sustainable way. Meanwhile, Elitium can focus on other key milestones. The beta launch of the Elitium lifestyle app - within four months Further top-tier exchange listings - targeting two per month A position on Coinmarketcap - any day now These are defining moments on the horizon for such a user-centric cryptocurrency. Just be sure to buy EUM before it features on the ‘cap. The post Forget An ICO, Here’s How to Shine

3 days ago

Ontology (ONT) Surges 25%, Overtakes ETC and NEO In Market Cap

Ontology price rallied recently by more than 25% and broke the $1.40 resistance against the US Dollar. ONT surpassed the market cap of ETC and NEO to climb at 17th position in the market cap. There is a major bullish trend line in place with support at $1.200 on the 4-hours chart of the ONT/USD pair (data feed from Binance). The price traded as high as $1.4417 recently and it may correct lower in the near term. Ontology (ONT) rallied recently above $1.30 and $1.40 against the US dollar. ONT surpassed the market cap of ETC and NEO to climb to 17th spot, with a strong bullish momentum. Ontology (ONT) Price Analysis Yet another solid week for ontology (ONT) as its price rallied above the $1.20 barrier against the US dollar. Recently, there were positive moves in bitcoin, Ethereum, ripple, litecoin and EOS, helping ONT in gaining traction. After struggling near the $1.08 resistance for some time, buyers finally gained momentum. The price surged above the $1.10 and $1.20 resistance levels to start a solid uptrend. It rallied above the $1.40 resistance and traded to a new yearly high at $1.4417. At the moment, the price is retreating from the $1.4417 high and it may correct lower in the near term. An initial support is $1.365 and the 23.6% Fib retracement level of the last wave from the $1.105 low to $1.441 high. If there is a downside extension, the price may test the $1.275 support. It represents the 50% Fib retracement level of the last wave from the $1.105 low to $1.441 high. Besides, there is a major bullish trend line in place with support at $1.200 on the 4-hours chart of the ONT/USD pair. The trend line support is near the 61.8% Fib retracement level of the last wave from the $1.105 low to $1.441 high. Moreover, the price is well supported above the $1.20 pivot level and the 55 simple moving average (4-hours). Therefore, if there is a downside correction, the price is likely to find a lot of buyers near the $1.27 and $1.20 level. On the upside, an initial resistance is near $1.441, above which the price could trade towards $1.50. Looking at the chart, ONT price is clearly surging higher, with a strong bullish angle above $1.30. Dips remain supported and there are high chances of more gains above $1.45 and $1.50. Technical indicators 4 hours MACD - The MACD for ONT/USD is currently placed heavily into the bullish zone, with a positive bias. 4 hours RSI (Relative Strength Index) - The RSI climbed higher sharply and it is currently above the 70 level. Major Support Levels - $1.3500 and $1.2750. Major Resistance Levels - $1.4400 and $1.5000. The post Ontology (ONT) Surges 25%, Overtakes ETC and NEO In Market Cap appeared first on Live Bitcoin News.

3 days ago

Litecoin (LTC) Price Primed For More Upsides Toward $65

Litecoin price remained in an uptrend and traded above the $60.00 resistance area against the US Dollar. LTC price corrected lower, but it found support near the $57.00 area. There is a key bullish trend line formed with support at $57.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is currently consolidating above supports and it may climb towards the $65.00 resistance area. Litecoin price is placed nicely above key supports against the US Dollar and bitcoin. LTC could trade in a range before a fresh upward move above $62.00 and $64.00. Litecoin Price Analysis In the past few days, there was a steady rise in litecoin price from the $52.00 swing low against the US Dollar. The LTC/USD pair traded above the $55.00 and $58.00 resistance levels to move into a positive zone. The recent upward move was strong as the price even broke the $60.00 barrier. A new monthly high was formed at $62.28 and the price settled well above the 55 simple moving average (4-hours). Recently, there was a downside correction in bitcoin, Ethereum, ripple, Litecoin, EOS, ADA, TRX and other cryptocurrencies. LTC price corrected lower and traded below the $60.00 support. There was a break below the 23.6% Fib retracement level of the last wave from the $52.37 low to $62.28 high. However, the decline was protected near the $57.00 level and the 55 simple moving average (4-hours). Moreover, the 50% Fib retracement level of the last wave from the $52.37 low to $62.28 high acted as a support. Besides, there is a key bullish trend line formed with support at $57.40 on the 4-hours chart of the LTC/USD pair. The price recovered and moved above the $58.00 and $59.00 levels. However, it seems like the price is struggling to gain momentum above the $60.00 level. The current price action suggests that there could be range moves above $57.00 before a fresh upward move. A successful break above $60.00 and $62.00 may perhaps open the doors for more gains. Looking at the chart, litecoin price is clearly placed nicely in a positive zone above the $57.00 level. If there is a downside break, the next key support is near the $55.00 level. On the upside, buyers seem to be targeting a break above the $62.00 resistance level. The next main resistance is near the $65.00 level, where sellers may emerge. Technical indicators 4 hours MACD - The MACD for LTC/USD is slowly reducing its bullish slope, but with no major bearish sign. 4 hours RSI (Relative Strength Index) - The RSI for LTC/USD is still placed well above the 50 level. Key Support Levels - $57.00 and $55.00. Key Resistance Levels - $60.00 and $62.00. The post Litecoin (LTC) Price Primed For More Upsides Toward $65 appeared first on Live Bitcoin News.

3 days ago

EOS Tightens its Dapp Ecosystem Against Tron and Ethereum As Block Producers Vote on Referendums

EOS Dapp ecosystem has been under question with respect to its security issues and breaches which the project has faced over past one month. Hence to tighten up its grip and stay in the race, Block Products have put in a few referendums to keep the project in the race of the Dapp Ecosystem supremacy against Tron and Ethereum. Combating Fraud and Improving security of Dapp’s key for EOS EOS has been in news for a month or so with respect to its security concerns and attacks on Dapp. Hence the team of block producers has been making every attempt to up its game against Tron and Ethereum. The Block Producers voting model at EOS which votes for referendums before making any changes to project currently shows that there are 74 referendums which are currently under voting out of which 7 would be directly or indirectly affecting Dapp ecosystem. The Reviews which are critical to security and towards reducing fraud and scams are being highlighted and most have got incomplete positive votes. There is also a proposal that suggests a self-governance model. The Referendum and its status are as follows Self-governance idea: The community or the bp’s should create a list of good business practices for decentralized dapps, exchanges, or any services executed by EOS - 100% Yes- 12 May 2019 being the last day Reduce SCAMS by Creating an EOS Platform I.D. So, Any Dapp or Website Can Match that I.D. With Any Trusted Wallet. - 100% yes - 13 June 2019 is the last day WHITELIST approved sites to interact with chain-100% Yes- 31 May 2019 is the last day Lets Combat FRAUD & SCAMS by Creating a Website Checker Dapp- 100% Yes- 30 May 2019 being the last day Let’s get Dapp developers to give a portion of airdrops to incentivize users to participate in voting-100% Yes- 20 May 2019 being the last day EOS Account Alert Activity Feature Idea-86% Yes- 21 May 2019 being the last day The referendums clearly state that the block producers and the community is really concerned about the attacks and wants EOS to be a full proof ecosystem for Dapp’s and thrive the competition from Tron and Ethereum. EOS Block Producer Model Questioned A couple of weeks back an error made by a newly-elected EOS Block Producer allowed 2.09 million EOS tokens to be moved from a blacklisted account. The community update did try to explain what went wrong but The exploit has widely been referred to as a hack. games.eos became the latest entity to achieve block producer status, it failed to correctly update the list of blacklisted accounts. This allowed one blacklisted account to quickly move 2.09 million EOS tokens to other addresses, spreading them throughout the network faster than other block producers were able to react. Also recently, EOS Dapp Fishing Joy was hacked By transaction blocking technique which also was done by technologically fooling the block producers model. In January 2019 same happened with “IDice“ where deferred transactions scheduled another deferred transaction and other BPs likely pick up the deferred transaction again. One can just hope these Referendums to bring changes for the betterment of EOS and help them stay in healthy competition with Tron and Ethereum Will EOS be able to solve its issues and compete with Tron and Ethereum in the battle of Dapp supremacy? Do let us know your views on the same. The post EOS Tightens its Dapp Ecosystem Against Tron and Ethereum As Block Producers Vote on Referendums appeared first on Coingape.

3 days ago

Will Ethereum be the King of Dapps again in 2019?

2018 was definitely a forgetful year for Ethereum and Vitalik. Everything that could go wrong for the coin has gone wrong bringing the whole Ethereum Dapp ecosystem to a standstill like the situation with congestion and scalability issue. But with 2019 and Constantinople upgrade implemented, things seem to be returning to normal for the coin. Is Ethereum inching up to regain its lost Dapp supremacy? Ethereum was the one that introduced the world with the concept of smart contracts that laid the foundation and later expansion of dapps and formation of projects like Tron and EOS which now are competing and trying to take the crown away from Ethereum itself. Vitalik had big plans for Ethereum in 2018, all seem to come crashing down. In January 2018, Vitalik had said in a statement to Tech Crunch that “I expect 2018, at least within the Ethereum space that I’m best able to speak about, will be the year of action. It will be the year where all the ideas around scalability, Plasma, proof-of-stake, and privacy that we have painstakingly worked on and refined over the last four years will finally turn into real, live working code that you can play around in a highly mature form in some cases on testnets, and in some key cases even on the public mainnet. Everyone in the Ethereum space recognizes that the world is watching, and we are ready to deliver,” said Buterin. But as the year progressed, the congestion and scalability issues increased and the whole Dapp ecosystem for Ethereum came to a freeze. Ethereum not only lost its market value but also a lot of Dapps with questions looming on its future. After a yearlong struggle, now, with a solution for scaling their network along with Proof Of Stake, things seem to fell in place. These are initial steps which ultimately will cause creating Ethereum 2.0 with the ability to process up to 1 million transactions, which would send the crypto to the list of the fastest cryptos in oppose to its current ability to process around 15 Tx per second. These projects which are dubbed as Serenity and Casper are expected to bring Ethereum back in the game. Ethereum seems to get its cards right but it will have to move things faster. Any more delays in upgrades and improvements would mean Ethereum losing more that it will be gaining. Will Ethereum’s dev team deliver on its timelines and make Ethereum great again? Do let us know your views on the same. The post Will Ethereum be the King of Dapps again in 2019? appeared first on Coingape.

3 days ago

Tron Dapp Developers To Have An Improved Experience with 3.5 Version Hardfork Upgrade : Tron Japan

Tron continues to progress on its goal to providing the best ecosystem for Dapp developers. In a recent video update released by Tron Japan has spilled beans about Tron’s 3.5 version hardfork upgrade and how it has and continue to improve the Dapp developers experience on Tron’s ecosystem. Tron moving quick to defeat EOS and Ethereum to become Dapp King It was a great day for Justin Sun as he become the first in blockchain to get over one million followers on Twitter. As of today there is no one on the social media site more popular than the charismatic leader of Tron. First one in Crypto world to break through 1 million in Twitter! #TRON #TRX $TRX #BitTorrent #BTT $BTT pic.twitter.com/7CeZFYKPuE — Justin Sun (@justinsuntron) March 21, 2019 All this has been possible as Justin envisions things ahead of time and brings his vision into development making Tron an enviable project. The same seems to come true with TRON’s 3.5 version hard fork upgrade. The episode 10 of video update released by Tron Japan, just spoke about a few features of how power the upgrade is. 【All About TRON】#TRON 日本語グループが主催した番組「第十回 TRON 3.5ver Upgrade」是非ご視聴お願いします。 #TRX #BTT #暗号資産 #トロンhttps://t.co/VO9hjcCxq0 — TRON Foundation Japan (@TRON_JPN) March 21, 2019 The video speaks about this new upgrade which went live on Feb 28th and contains all information regarding the improvements that have been observed by the blockchain technology following the public chain upgrade. The video blog in particular highlights 6 new features that are integrated in the new update which include. A better experience with superior performance and flexible event servers for the Dapp developers of Tron A better main and backup feature that will increase the stability of the entire Tron network . There have been mentions of improved security which would also help in improving safety of partial instruction of the TVM. The upgrade also features additional optimization of duplicate removal-logic for transactions which is believed to improve the overall performance by 5% and will also better the competence of block broadcasting, and 50% reduction of resources usage The upgrade also allows a real-time modification of energy upper limit based on the current status of the network with its Energy ceiling dynamic adjustment feature There has been addition to Account access system and multi-signature which will permit users in setting access and corresponding account management with different signature for various accounts and multi party signature for single transaction. While these are just the highlights the episode is fully loaded with more comprehensive information about why the hard fork upgrade is necessary and how it will make Tron a better blockchain ecosystem. The video clearly portrays why Tron and its blockchain are considered superior than its competitors and how Justin Sun has been making Tron a top blockchain. Will the 3.5 version upgrade take Tron price skyrocketing and help Tron claim the top 3 spots in near future? Do let us know your views on the same The post Tron Dapp Developers To Have An Improved Experience with 3.5 Version Hardfork Upgrade : Tron Japan appeared first on Coingape.

3 days ago

Tron: Games and Casinos Continue to Bring in Traction for Tron Dapps

Tron has been a great platform for Dapp’s because of its fast and secure network. This has led to a lot of traction among developers and users, especially from the gaming and gambling industry. And these to categories of Dapp’s continue to fuel growth for Tron allowing it to achieve great numbers in terms of transactions and users. TRONbet still the top crowd puller According to the recent tweet released by Rating Dapp, Tron has been achieving some great user and volume numbers on the back of its leading Dapps belonging to the gaming and gambling categories. According to the tweet, the top five Dapps on Tron’s network on March 19, 2019, are: Live Crazydogs which had 6500 users with 48 first time unique users TRONbet which had 4581 users with 634 first time unique users EpicDragons which had 4473 users with 53 first time unique users Tronwin which had 4247 users with 89 first time unique users Lucky Slot 3715 users with 25 first time unique users. 🏆 #TRON Top #Dapps Mar 19 1️⃣ @LiveCrazydogs 👥6500 🆕482️⃣ @TRONbet 👥4581🔥 🆕634🔥3️⃣ #EpicDragons 👥4473 🆕534️⃣ @tronwin_io 👥4247 🆕895️⃣ #LuckySlot 👥3715 🆕25 🆕 Daily New Users: # of addr never transacted with the dapp before📊 https://t.co/gdieHO4EGV pic.twitter.com/RYzBiSxqWE — RatingDapp (@RatingDapp) March 19, 2019 Even with the lowest number of Dapp compared to Ethereum and EOS, Tron has been able to rack some great numbers for its Dapp’s both in terms of users and volumes thanks to the seamless performance of games and gambling dapps. TRONbet, the ultimate hero for Tron With all the data that has come out of Tron with respect to growth, TRONbet has always been a major contributor. It has been one of the leading distributed apps (dApps) on the TRON (TRX) network, which recently had clocked USD 48 million in bets in a weeks time. In a couple of weeks, the user base of the Dapp has grown from 2600 to what it stands today at 4581. Today we are proud to launch one of our biggest ambitions 💎. The new TronWallet #DAppStore will change how you see, use and create #DApps on #TRON. @Tronfoundation @justinsuntron We can change the future together! 🚀#Visit now https://t.co/pB1cILLl7r and #start to #play #twx pic.twitter.com/USpIapT9cP — TronWallet (@TronWalletMe) March 3, 2019 The Dapp has recorded a 36% growth on daily active users and the transaction volume has already doubled. @TRONbet resumed its attraction (by @Tesla lottery?), having a 36% growth on daily active users and transaction volume doubled. 523 million $TRX is pretty amazing. 🚀@MustacheTommy @Tronfoundation More about @TRONbet on @RatingDapp 👇https://t.co/thlHvysaYU — RatingDapp (@RatingDapp) March 19, 2019 The attraction of TRONBet is not only for the gambling part of it but a form of token mining that occurs each time a user places the bet. As a reward, the users are paid in ANTE tokens, which end up redistributing the earnings of the casino. The payout for ANTE holders is in TRX coins. Despite price staying stagnant, Tron is one of the busiest and active tokens. Backed by a strong team continuously developing projects, constantly adding tokens and users. And Dapps like TRONbet are making the project even more attractive for investors. Will Tron continue its upward journey on the back of these Dapps or will it just give out? Do let us know your views on the same. The post Tron: Games and Casinos Continue to Bring in Traction for Tron Dapps appeared first on Coingape.

3 days ago

Crypto Market Rally Inevitable: ONT Surges, Bitcoin Cash, XLM, EOS, TRX Analysis

The total crypto market cap is about to break the $136.0B resistance level for the next bullish wave. Bitcoin cash price is back above the $160 level and it may continue to rise towards $165. EOS price is slowly moving higher towards the key $3.80 resistance area. Stellar (XLM) price is currently consolidating above $0.1110 and it could move towards $0.1200. Tron (TRX) could recover and test the $0.0230 resistance level. The crypto market seems to be positioned for an upside break, with solid gains in ONT and XTZ. Bitcoin (BTC), Ethereum (ETH), stellar (XLM), BCH, EOS, ripple and tron (TRX) are eyeing more gains. Bitcoin Cash Price Analysis Recently, bitcoin cash price corrected lower from the $165 resistance against the US Dollar. The BCH/USD pair tested the $158 level where buyers appeared. The price moved higher once again and broke the $160 resistance level. The current price action is positive and it seems like there could be more gains towards the $162 or $165 level. If bitcoin accelerates higher above $4,100, it could help BCH in clearing the $165 and $170 resistances. Stellar (XLM), EOS and Tron (TRX) Price Analysis EOS price corrected lower recently, but the $3.65 level acted as a decent support. The price climbed higher once again and traded above $3.70 and $3.75. The next key resistance is at $3.80, above which there is a risk of more gains towards the $4.00 level. Stellar price performed really well this week as it gained traction above the $0.1100 level. XLM price is currently consolidating gains and it seems to be setting up for more upsides above the $0.1150 and $0.1160 in the coming sessions. Tron price is back above the $0.0220 support, but upsides might be limited. TRX price may correct higher towards $0.0230, where sellers are likely to emerge. On the downside, a break below the $0.0220 support could open the doors for a break towards $0.0200. Ontology (ONT) price rallied recently by more than 16% and broke the $1.20 and $1.30 resistance levels. The next stop for ONT buyers seem to be near $1.50. Looking at the total cryptocurrency market cap hourly chart, there was a slow and steady rise from the $130.0B support level. The market cap followed a nice uptrend and it recently moved above the $132.0B and $134.0B resistance levels. However, the $136.0B level is currently acting as a strong resistance. The current technical formation is solid and suggests that the market cap could climb above the $136.0B and $137.0B resistance levels in the near term. Therefore, there are high chances of a decent bullish wave in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, ONT, XTZ, and other altcoins in the near term. The post Crypto Market Rally Inevitable: ONT Surges, Bitcoin Cash, XLM, EOS, TRX Analysis appeared first on NewsBTC.

3 days ago

EOS Price Analysis - March 21

EOS is in consolidation in its short-term outlook. The large bullish railroad formed yesterday managed a push to $3.82 in the supply area which was the high of the day

3 days ago

EOS Price Analysis – March 21

EOS is in consolidation in its short-term outlook. The large bullish railroad formed yesterday managed a push to $3.82 in the supply area which was the high of the day

3 days ago

EOS Ecosystem Is Dependent On Just 5 Nodes

The decentralized nature of EOS has been extremely controversial ever since its mainnet was launched last year. It is dependent on just 21 block producers (BPs), who are responsible for running the network. These BPs can vote to even reverse transactions which has raised some serious questions. However, a bigger concern is that the node centralization goes even further. Out of the 21 BPs only 5 BPs are currently running full history nodes. Only these nodes allow for developers to query the entire history. Remaining nodes only have a partial history which is sufficient for normal transactions. EOS is priced at $3.74, gaining 0.19% in the last 24 hours. (VS)

3 days ago

Why EOS DApps Are Dangerously Dependent on Just Five Nodes?

Since its inception, EOS has come under criticism. Most often, this is directed at the network’s dependence on small groups, which critics believe make EOS too centralized. For example, the EOS token supply is dominated by whales, with 69% of all tokens owned by just 100 addresses. Under the EOS DPoS consensus model, there are […]

3 days ago

Diar: PoS Cryptocurrencies Staked $4 billion with EOS Topping the List

On March 18, Diar, a crypto industry newsletter, published a report focusing on Proof-of-stake (PoS) networks. Cryptocurrencies running on PoS algorithms include EOS, DASH, and NEM among others. Per the report, EOS has the most value staked with 47% of the supply worth $1.8 billion. Diar also mentioned Cosmos, a crypto project that launched recently to connect different blockchains through its Intercommunication Blockchain Protocol (IBC). Despite being relatively new in the crypto-verse, Cosmos became the third project regarding funds staked and its value stands at $300 million. DASH was second with a value of $431 million. (VK)

3 days ago

Loom Network (LOOM) Unveils Plans to Integrate TRON and EOS into PlasmaChain

Last week, Loom Network (LOOM) announced that it would support the top-100 ERC-20 tokens on PlasmaChain, a high-performance DPoS sidechain that bridges multiple chains and Ethereum. Yesterday, LOOM revealed that it seeks to integrate TRON and EOS into PlasmaChain to enhance the Dapp developer ecosystem. After the integration, TRON and EOS users can purchase items from PlasmaChain Dapps using TRX and EOS. They would also be able to sign for transactions using EOS or TRX wallets. As at the time of writing, 7:06 AM UTC, LOOM is up 7.25% to trade at $0.0716. (VK)

3 days ago

5 Altcoins Surge Above the Crypto Pack – Bitcoin, Ethereum, XRP Price Analysis

So far this year, five cryptocurrencies are stand-outs among the top 50 coins by market cap. • EOS +42%, from $2.62 to $3.74 • Maker +58%, from $448.26 to $710.03 • Litecoin +96%, from $30.87 to $60.58 • Ontology +133%, from $0.59 to $1.38 • Binance Coin +151%, from $6.07 to $15.25 Right now the […]

3 days ago

Diar Research Reports Over $300 Million was Staked on Cosmos 1 Week After Launching

2019 is proving to the year when many proof-of-work blockchain networks shift to proof-of-stake protocol. According to data from Diar Research, blockchain interoperability platform, Cosmos, now has $300 million staked on its blockchain platform. Diar researchers also said that it expects several proof-of-stake cryptocurrency platforms to launch this year and the fact that Cosmo raised such a significant amount one week after launching serves as proof. Currently, only Dash and EOS have higher staked amounts and the researchers also noted that Cosmos only raised $16 million during its ICO. The platform also already has 40% of its native token (Atoms) bonded to 82 of the 100 possible validators. Diar estimates that there are more than 70 blockchain-based projects that utilize proof-of-stake-based consensus to manage their networks and the firm estimates that there is nearly $4 billion being staked by all PoS networks. (RS)

4 days ago

Australian crypto exchange Independent Reserve to list EOS

CryptoNinjas Independent Reserve, an Australian bitcoin and cryptocurrency exchange, announced today the launch of EOS, which will become the company’s 9th listed cryptocurrency. EOS is a blockchain technology that enables the development and hosting of decentralized applications (DApps). The exchange will be listing EOS... Australian crypto exchange Independent Reserve to list...

4 days ago

Litecoin (LTC) Price Breaks $60, Can There Be More Upsides?

Litecoin price finally broke the key $60.00 resistance area against the US dollar. LTC is currently consolidating above $60.00 and it could continue to move higher. Key Talking Points Litecoin price climbed higher and broke the $58.00 and $60.00 resistances (Data feed of Kraken) against the US Dollar.There was a break above a major contracting triangle with resistance at $60.55 on the hourly chart.LTC price remains supported on dips near $60.00 and it may rise above the $62.00 level. Litecoin Price Analysis (LTC) In the past few analysis, we discussed the chances of an upside break above $60.00 in litecoin price against the US Dollar. The LTC/USD pair did gain traction along with bitcoin, Ethereum, EOS and ripple to clear the $58.00 and $60.00 resistance levels. Looking at the chart, LTC price even broke the $61.00 level and settled well above the 100 hourly simple moving average. A new monthly high was formed near $62.04 and later the price corrected lower. It declined below the $61.00 level to start a short term correction. There was a break below the 23.6% Fib retracement level of the last wave from the $55.73 low to $62.04 high. However, the $59.00 level (the previous resistance) acted as a support and protected more losses. The price also found support near the 50% Fib retracement level of the last wave from the $55.73 low to $62.04 high. Finally, there was a fresh upside break above the $60.00 and $60.50 levels. There was also a break above a major contracting triangle with resistance at $60.55 on the hourly chart. It opened the doors for more gains, but the price once again failed near the $62.00 level. In the short term, there could be a few swing moves above $60.00 before the price makes the next move. Litecoin price will most likely extend gains above the $62.00 level. The next key resistance levels are $64.00 and $65.00. However, if there is a downside break below $60.00, LTC price may revisit the $58.50 support and the 100 hourly SMA. The market data is provided by TradingView. The post Litecoin (LTC) Price Breaks $60, Can There Be More Upsides? appeared first on Ethereum World News.

4 days ago

EOS Price Primed For More Upsides Versus USD, BTC and ETH

EOS price climbed higher after forming support near the $3.25 level against the US Dollar. EOS is currently placed nicely in a positive zone and it could extend upsides versus USD, BTC and ETH. Key Talking Points EOS price traded higher and broke the $3.60 resistance level (Data feed of Kraken) against the US Dollar.There is a crucial bullish trend line in place with support at $3.62 on the 4-hours chart.The price remains supported on dips and it could climb higher towards $3.82 and $4.00. EOS Price Analysis Recently, there were strong bullish moves in bitcoin, ripple, EOS, litecoin, binance coin and other cryptocurrencies against the US Dollar. Later, most of them corrected lower and EOS price too corrected a few points from the $3.80 resistance, but it remains supported on dips. The chart above indicates that EOS price formed a solid support near the $3.25 level and later started a strong upward move. It broke the $3.50 and $3.60 resistance levels to move into a positive zone. There was also a break above a key bearish trend line with resistance at $3.60 on the 4-hours chart. It opened the doors for more gains above $3.70 and the price settled above 100 simple moving average (4-hours). The price climbed towards the $3.82-.3.85 resistance area, where sellers appeared. A high was formed near the $3.81 level before the price started a downside correction. It declined below the 23.6% Fib retracement level of the recent wave from the $3.284 low to $3.881 high. However, there are many supports on the downside above the $3.60 level. There is also a crucial bullish trend line in place with support at $3.62 on the same chart. Besides, the 100 SMA is positioned near the $3.60 level. If EOS price breaks the $3.60 support, it could test $3.55 and the 50% Fib retracement level of the recent wave from the $3.284 low to $3.881 high. The overall price structure is positive and it seems like there could be more gains above $3.75. $3.80 and $3.85 as long as the price stays above the $3.50 pivot level. The market data is provided by TradingView. The post EOS Price Primed For More Upsides Versus USD, BTC and ETH appeared first on Ethereum World News.

4 days ago

Crypto Market Testing Crucial Support: XLM, Bitcoin Cash, EOS, TRX Analysis

The total crypto market cap corrected lower recently and tested the $132.0B support area. Bitcoin cash price started a downside correction after testing the $165 resistance. EOS price is slowly moving lower towards the $3.70 support level. Stellar (XLM) price is up more than 4% and broke the $0.1120 and $0.1140 resistances. Tron (TRX) is currently flat near the $0.0230 support level. The crypto market is trading above key supports, with range moves in bitcoin (BTC) and Ethereum (ETH). Stellar (XLM) gained traction, while BCH, EOS, ripple and tron (TRX) remain supported on dips. Bitcoin Cash Price Analysis Bitcoin cash price climbed higher recently and settled above the $150 and $160 resistances against the US Dollar. The BCH/USD pair tested the $165 resistance and later started a downside correction. The price tested the $162 level and it seems like it could test the $160 support in the near term. If there is a downside break below the $160 support, the price may decline towards the $150 swing support. On the upside, the $165 level is a strong resistance, above which the price may test the $170 level. Stellar (XLM), EOS and Tron (TRX) Price Analysis EOS price failed to stay above the $3.80 pivot level and corrected lower recently. It traded below the $3.78 level and tested the $3.75 support. If there are additional downside, the price could revisit the key $3.70 support level before another increase. Stellar price was one of the best performers as it gained traction above the $0.1110 resistance level. XLM price broke the $0.1120 and $0.1140 resistance levels to move into a positive zone. It is currently up around 4% and it may continue to climb towards the $0.1160 and $0.1180 levels. Tron price extended range moves below the $0.0240 resistance level. TRX price recovered recently and moved above the $0.0230 level. At the moment, it is trading in a tight range, with an immediate resistance at $0.0232. The main resistances are near the $0.0235 and $0.0240 levels. Looking at the total cryptocurrency market cap hourly chart, there was a downside correction from the $137.0B swing high. The market cap declined below the $135.0B support level. However, the $132.0B support and the 100 hourly simple moving average acted as strong supports. Besides, there is a key connecting bullish trend line in place with current support at $133.0B on the same chart. If there is a downside break below $133.0B and $132.0B, the crypto market could gain bearish momentum. On the upside, a break above the $135.0B and $137.0B resistance levels is must for a fresh upward move in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, and other altcoins in the near term. Crypto Market Testing Crucial Support: XLM, Bitcoin Cash, EOS, TRX Analysis was last modified: March 19th, 2019 by Aayush JindalThe post Crypto Market Testing Crucial Support: XLM, Bitcoin Cash, EOS, TRX Analysis appeared first on NewsBTC.

4 days ago

Market Data Could Be The Next Crypto Arms Race

How long is one millisecond? It takes half a second - 500 milliseconds - for the human nervous system to turn a thought into speech. It’s too short to notice in daily life, but for institutional traders, a millisecond can be the difference between securing a key advantage and losing millions of dollars. Over the past three decades, computers and algorithms have gradually replaced humans as the main operators in the financial markets. A well-programmed algorithm can do what no human can: work around the clock, scan reams of market data in an instant, and find the smallest disparities or signals to exploit for (potentially) considerable gain. IPC Systems, a market data and trading solutions provider, will now include the cryptocurrency data feed from Intercontinental Exchanges (ICE) - the company which owns the New York Stock Exchange - into its Connexus Cloud. Real-time data from major cryptocurrencies, like Bitcoin (BTC), EOS and Litecoin (LTC) will be provided through a cloud solution which connects more than 6,000 market participants from around the globe. IPC works in the background, providing market data for some of the largest financial institutions in the world. Although few lay people know what it does, or have even heard of it, IPC underpins the trading operations which make institutions billions every year. Mike Smith, Director of Global Exchange Relations Management at IPC, said Connexus Cloud’s “completely unique” offering gave institutional investors an advantage in the cryptocurrency market. In an email to Crypto Briefing, Smith explained that data speed and reliability allow institutions to compete in a fast and complex trading environment. “Institutional investors rely on trading partners around the world, handling massive amounts of data, so [they] cannot afford to have connectivity or accuracy issues,” he said. IPC’s market data is updated 200 million times every day, or once every four milliseconds. For comparison, CoinMarketCap updates its data every minute. This makes market data on IPC’s Connexus Cloud 15,000 times faster than the most popular price aggregator. Market data is crucial for institutions Electronic trading is an arms race. For financial institutions, faster computers and more accurate data mean higher profit margins. As Bloomberg reported last year, many of the largest Wall Street banks are jockeying for position, looking to gain the slightest advantage over an equities industry worth nearly $60bn. A report published by the Tabb Group, a research and consultation firm, found that brokers could lose millions from even a fractional delay in market data. The researchers calculated that a firm could lose upwards of $4M per millisecond, if its data feeds were five milliseconds slower than their competitors. “If a broker is 100 milliseconds slower than the fastest broker, it may as well shut down its FIX engine and become a floor broker,” the report concluded. Institutional investors have made their presence felt in cryptocurrency. Crypto Briefing has already reported on how ‘bots’ - shorthand for algorithmic trading - have come to dominate the cryptocurrency market. Whereas a once-a-minute update to market data would be barely noticeable to retail investors, it would be laughably slow for institutions. Simply put, a trading firm wouldn’t stand a chance if it used this data. With IPC adopting ICE’s cryptocurrency data feed, the market is laying the foundations for greater institutional involvement. As has already happened in the traditional world, market data may become crypto’s next big battleground. The author is invested in digital assets, including BTC which is mentioned in this article. Join the conversation on Telegram and Twitter! The post Market Data Could Be The Next Crypto Arms Race appeared first on Crypto Briefing.

4 days ago

EOS Short-Term Price Prediction for March 2019 - Traders Hope for $5 EOS Price But Will Bearish Trend Be Reversed?

🤑📈🤑EOS short-term price forecast from TradingView experts - a positive trend is possible. Will EOS reach $5?

4 days ago

10 Best DApps 2019 — DApps on Ethereum, Tron and EOS

💥💪In a short period of time decentralized applications have become very popular. Ethereum, Tron, and EOS are the most used platforms to create DApps nowadays

4 days ago

EOS / USD Technical Analysis: Mixed Signals

EOS has a bullish short-term bias, with the cryptocurrency still trading above its 200-period moving average on the four-hour time frame The four-hour time frame also shows price trapped inside a bullish ascending triangle pattern The EOS / USD pair’s medium-term outlook is bearish with bulls unable to hold price above its 200-day moving average EOS / USD Short-term price analysis EOS is bullish in the short-term, with the cryptocurrency managing to trade above its 200-period moving average on the four-hour time frame since February 8th this year. The four-hour time frame is increasingly interesting, with price trapped inside an ascending triangle pattern, which is typically a bullish trading pattern. Technical indicators on the four-hour time frame currently show no clear trading bias and are holding close to neutral levels. EOS / USD H4 Chart (Source: TradingView) Pattern Watch Traders should note that a potential bearish head and shoulders pattern and an inverted head and shoulders pattern are both present on the four-hour time frame. MACD The MACD indicator is neutral on the four-hour time frame and currently showing no clear trading bias. Relative Strength Index The RSI indicator is also neutral on the four-hour time frame and is failing to generate a clear trading signal. EOS / USD Medium-term price analysis EOS has a neutral trading bias over the medium-term, with the cryptocurrency still unable to perform multiple daily price closes above its key 200-day moving average The EOS / USD pair has been in a period of consolidation after hitting its upside target in February, which also eroded any bullish divergence on the daily time frame chart. An ascending triangle pattern is also present on the daily time frame, which could signal a potential technical test of the February trading high. EOS / USD Daily Chart (Source: TradingView) Pattern Watch Traders should note the size of the ascending price channel on the daily time frame would take the EOS / USD pair towards major trendline resistance. MACD The MACD indicator on the daily time frame is neutral and is currently failing to generate a clear trading signal. Relative Strength Index The Relative Strength Index has a slight bullish bias and is holding above neutral. Conclusion EOS has moved into a period of price consolidation, with both time frames showing the EOS / USD pair trapped inside an ascending triangle pattern. While the ascending triangle pattern suggests a bullish move might occur, some caution is advised as price is trading below the EOS / USD pair’s 200-day moving average and a bearish head and shoulders pattern is taking shape on the four-hour time frame. [{"date":1521497051000,"value":5.61566,"volume":573263000},{"date":1521583151000,"value":6.33163,"volume":725017000},{"date":1521669551000,"value":6.97388,"volume":656590000},{"date":1521755951000,"value":6.86077,"volume":1130150000},{"date":1521842651000,"value":7.01678,"volume":876668000},{"date":1521929051000,"value":6.73537,"volume":368278000},{"date":1522015451000,"value":6.59076,"volume":287673000},{"date":1522101251000,"value":5.49293,"volume":468630000},{"date":1522185851000,"value":6.20148,"volume":929380000},{"date":1522272250000,"value":6.31772,"volume":662193000},{"date":1522357751000,"value":6.00154,"volume":555271000},{"date":1522444451000,"value":6.09678,"volume":575864000},{"date":1522530851000,"value":5.98471,"volume":235317000},{"date":1522617252000,"value":5.67755,"volume":389528000},{"date":1522703651000,"value":5.79489,"volume":314088000},{"date":1522790051000,"value":6.08326,"volume":291876000},{"date":1522876450000,"value":5.75145,"volume":279278000},{"date":1522962851000,"value":6.07671,"volume":427289000},{"date":1523049250000,"value":5.90499,"volume":544626000},{"date":1523135950000,"value":5.94915,"volume":223598000},{"date":1523222951000,"value":5.96202,"volume":163024000},{"date":1523309354000,"value":5.80917,"volume":228138000},{"date":1523395751000,"value":6.02667,"volume":219712000},{"date":1523482154000,"value":7.72203,"volume":1341440000},{"date":1523568553000,"value":8.82151,"volume":2044410000},{"date":1523654955000,"value":8.87545,"volume":974636000},{"date":1523741354000,"value":8.55483,"volume":728274000},{"date":1523827753000,"value":8.31725,"volume":962780000},{"date":1523914153000,"value":8.08222,"volume":452651000},{"date":1524000553000,"value":8.53281,"volume":789457000},{"date":1524086953000,"value":8.8725,"volume":437781000},{"date":1524173353000,"value":9.37316,"volume":626253000},{"date":1524259753000,"value":11.1495,"volume":1357080000},{"date":1524346153000,"value":10.7664,"volume":1237680000},{"date":1524432553000,"value":11.5441,"volume":1004860000},{"date":1524518952000,"value":11.5781,"volume":688615000},{"date":1524605356000,"value":15.4546,"volume":3000550000},{"date":1524691754000,"value":15.2514,"volume":3210160000},{"date":152477

4 days ago

Sentimental Analysis: Bitcoin Rising From Neutral to Positive

Cryptocurrencies are in a very difficult territory where no fundamental or technical indicators is actually affecting the price than the sentiment of the community. Every news article or a social mention is actually driving the trend and direction of where the prices are heading. Although most of the sentiment is derived from the sentiment of the Bitcoin- the largest cryptocurrency, still some altcoins have their specific pros and cons that change their variance from that of Bitcoin. Let’s look at the few indicators that are used widely across to determine the sentiment. Bitcoin Sentimental Analysis As mentioned it’s the largest coin in the market that decides most of the trend for the crypto markets is necessary to understand that sentiment it garners among the community. A lot of news flow and sell off has dampened the short term sentiment but yes there are some long-term positives which make Bitcoin an interesting study. An analysis of its social mention and greed and fear index would give us a clear idea of what is happening Analysis Type Tool Analysis- Score Sentiment #BTC - Hashtag Analysis Keyhole Score: 92 Positives: 55.7 % Negative: 2.2% Neutral- 42.1% Neutral to Positive - Positives rising #BTC- Social Media Mentions Social Mention Sentiment 3:1 in favor of positives With 50 scores towards neutral and 16 in favor of Positives Neutral to Positive Fear to Greed Index Alternative.me Score 58-Greed Positive Fear to Greed Index CNN Money Score 65-Greed Positive Well, Bitcoin has reclaimed the USD 4000 mark with some positive sentiment which has been building in since last week. With no major hiccups reported or insight in the near future, the coin is expected to remain the positive territory only. All sentimental tools seem to be showing a positive curve with a bit of neutrality as many on the street believe that the coin me soon get into consolidation and may hover around the USD 4000 range in the coming week. Altcoin Sentimental Analysis Fear and Greed index is only available for BTC as not may altcoins have all components required to calculate it Altcoin Keyhole # analysis Social Mention Sentiment ETH- Ethereum Score - 87 37.2% Positive 3.4% Negative 59.4%- Neutral 10:0 towards Positives Neutral 5 Positive to Neutral- Positive rising XRP- Ripple Score 85 23.7% Positive 5.6% Negative 70.7% neutral 11:1 towards Positives Neutral 103 Positive to Neutral, Positives rising BCH- Bitcoin Cash Score 82 33.0 % Positive 5.6% Negative 61.4% Neutral 11:1 towards positives Neutral 102 Positive to Neutral- Positives rising EOS Score 85 26.2% Positive 1.9% Negative 71.9%- Neutral 0:1 towards positives Neutral 11 Neutral with a negative bias XLM-Stellar Score 90 47.4% Positive 1.9% Negative 50.7% Neutral 11:1 towards positives Neutral 148 Positive to Neutral- Positives rising All Altcoins seem to be following the path of Bitcoin, as most of them have stuck to the green territory. Ethereum seems to be moving further upward with positivity building in. So seems to be the case with BCH and XLM. There has been a lot of buzz around XRP which make bring the prices up for the coin while there has been no reaction on EOS. Will this sentiment actually pull back the prices? Do let us know your views on the same. The post Sentimental Analysis: Bitcoin Rising From Neutral to Positive appeared first on Coingape.

4 days ago

Bittorrent [BTT] & Quantum [QTUM] Price Action- BTT Continues Decline, QTUM Top Performer After Ascending Triangle Breakout

Justin Sun, founder of the Tron blockchain and also the issuer of BitTorrent tokens (BTT) which were issued on the Tron blockchain, has announced another campaign. This campaign involves giveaways. To celebrate #BTT & #USDT-#TRON success, I am planning a $20m free cash airdrop. Good news-it's coming, bad news-I may decide to give away more! First, I will randomly pick 1 winner for a #Tesla up until 3/27! To apply, follow me and RT this tweet! Simple! #Blockchain pic.twitter.com/wFyzwtB3ur — Justin Sun (@justinsuntron) March 12, 2019 These campaigns have become a common tactic of Sun’s marketing strategy, and many criticize Sun for attempting to artificially increase the supply of Tron and BTT without doing anything to make it fundamentally more valuable. BitTorrent Daily Chart - Source: Tradingview.com The market would tend to agree with this assessment when it comes to BTT. Despite the campaign, BTT has been continuing to decline in price since meeting resistance at $0.0010. BTT met resistance at this level several times, and any rises above quickly found seller liquidity that brought the price back below. Price did manage to increase at the start of this week, but selling pressure quickly brought the price back with the Monday candle closing as a Doji. A Doji candle is a candle where the open and the close are around the same point and typically reflects uncertainty from traders. Price followed up with a Doji forming on Tuesday also but has since been declining. BitTorrent 4-Hour Chart - Source: Tradingview.com Price has been finding some buyer liquidity from $0.00072 to $0.00075. this was an area of seller liquidity during BTT’s initial increase upon launching. It is now acting as an area of buyer liquidity, but with numerous tests of the lower end of this range after taking place, the odds of a drop below are increased. QTUM Daily Chart - Source: Tradingview.com The top-performing cryptocurrency today is Quantum with data from Messari showing the altcoin increasing 25.64% over the past 24 hours. The move has resulted in Quantum breaking out of an ascending triangle pattern it had been forming. An ascending triangle pattern is a bullish trend continuation pattern that consists of an upward trend line formed by higher lows and a level of resistance. Price had met resistance at $2.15 several times prior to this breakout. Any moves above were quickly brought back below by selling pressure. Price did manage to close above this point on the daily chart in February but trading in the following day’s price action brought the price back below. Price has however surpassed the former high on this rise and looks likely to both close above $2.15 and maintain prices above this level in the near-term. QTUM 4-Hour Chart - Source: Tradingview.com Price briefly rose above the $3 level which was the point where price broke bearishly in November. Sellers quickly brought the price back below, and this level can be expected to act as resistance if price follows up with another increase. The current 4-hour candle is recording a small loss after the large increase recorded in the last candle. However, this is the typical price action of a bull flag forming and increases the likelihood that the next movement will be a significant one to the upside. Key takeaways: BTT continues to decrease despite a campaign launched by Tron founder Justin Sun. BTT is finding some buyer liquidity between $0.00072 and $0.00075, but after numerous tests to the lower end of this range, the odds of a decrease are higher. Quantum is the top performer after an ascending triangle playing out. Quantum briefly rose above the $3 level, but sellers quickly brought the price back below. This level can be expected to act as resistance in the event of another increase. Bull flag forming on the 4-hour chart for Quantum increasing the likelihood of a move to the upside. Latest BitTorrent News: It’s Raining Teslas Over at the TRON Ecosystem This Month TRON Dapp Transaction Volume Surpasses EOS, While TRX and BTT Enjoy Listings on More Exchanges DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Bittorrent [BTT] & Quantum [QTUM] Price Action- BTT Continues Decline, QTUM Top Performer After Ascending Triangle Breakout was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

4 days ago

Love It or Hate It, Justin Sun’s Tron Is Winning the Dapp War Hands Down

Remember when Justin Sun urged Ethereum developers to jump ship and join the Tron ecosystem? Well, that was clearly a not-so-subtle declaration of open war by the Tron CEO against the Ethereum ecosystem. Or more broadly, against all competitors in the dApp arena including EOS. Fast forward a few months and the numbers from ground zero now indicate that Tron is winning pretty convincingly. Tron Outperforms ETH and EOS by Miles The week ending March 9 was particularly outstanding for Tron, having registered a 207% growth in weekly transaction volume. At $180 million, it stayed way ahead of the rest of the pack with EOS going down 28% to $102 million and Ethereum marginally improving its stand to accumulate just under $25 million. #DappWeekly #TRON #Dapps had a 207% increment on weekly transaction volume, surpassing the sum of #EOS and #ETH TRON: 180M USD (+207%)EOS: 102M USD (-28%)ETH: 24M USD (+9%)@justinsuntron @bytemaster7 @VitalikButerin pic.twitter.com/zswnW3S4E1 — RatingDapp (@RatingDapp) March 11, 2019 Expectedly, the Tron CEO took to Twitter to celebrate the success of the platform, and (presumably) to rub it in on the rivals by showing how Tron is currently out of their reach by quite some margin. Just like he often does. TRON #Dapps are exceptionally outstanding, with a daily average trading volume of over $17 million in the past 7 days, overtaking #EOS and #ETH, #TRON has become a public chain of Dapp ecosystem with the largest trading volume. #TRX $TRX https://t.co/gc3ufp9p7U — Justin Sun (@justinsuntron) March 15, 2019 Worth mentioning here is that Tron’s decentralized app network saw considerable growth in transaction volume after the launch of Odyssey 3.5. For those out of the loop, the Odyssey upgrade was basically a hard fork that brought along a slew of improvements including up to 50% boost in network performance, heightened security, dynamic energy adjustments, and multi-sig features, to name a few. Over the next couple of weeks, dApp development and usage rapidly grew on the platform. And just as many had expected, it quickly overtook EOS, one of the most well-funded blockchain networks, in terms of both growth and transaction volume. Massive Growth in User-base Tron’s superior performance is not just limited to transaction figures. As of press time, at least 255 Tron-powered dApps are performing significantly better than their counterparts on rival platforms. More importantly, that gap seems to be only widening with time, which is possible only because more and more developers and end-users have been flocking to the Tron ecosystem over the past few weeks. According to new data from dApp analytics platform, DappReview, Tron decentralized apps bagged around 33,000 new users in the week ending March 9. #TRON #Dapps acquired 33K new users over last week, a 64% growth! Data Source: https://t.co/PGF4jQawd2#ETH #EOS@Tronfoundation @justinsuntron pic.twitter.com/m7A16rJyrX — DappReview (@dapp_review) March 11, 2019 That amounts to an impressive 64% week-on-week growth. Ethereum came second by scoring 20,000 new users in the same period, followed by EOS at third with 15,000 new users. However, when it comes to actual usage, things don’t look all that well for Ethereum. According to a recent report by blockchain research firm LongHash, only one in 10 Ethereum dApps see any usage at all on any given day. As for Tron, despite the phenomenal growth, its decentralized app ecosystem is still quite young, which also means that the growth prospects are practically limitless for the platform. The plan for Justin Sun and the Tron community at this juncture is to expand the ecosystem big enough to accommodate at least 2,000 dApps by the end of 2019. Do you think Tron will become virtually undefeatable for the foreseeable future if that happens? Do let us know in the comments below. Love It or Hate It, Justin Sun’s Tron Is Winning the Dapp War Hands Down was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

4 days ago

TRON Dapp Report: TRON Acknowledges That The Market Is Favoring High-Risk ROI Dapps

Tron launched its first Dapps in October last year. Between then and now, a number of Dapps have exited the scene while new ones have been created, according to Tron’s weekly Dapp report published on March 15. The report pointed out that gambling and high-risk ROI Dapps remain active while others such as collectibles games, board games, PVP battling games, card games, and puzzle games have only survived for a limited amount of time. This led Tron to realize that there is a gap between what the developers are working on and what the market is pushing for. An excerpt from the report reads: “On the one hand, we need to acknowledge the exploring endeavors of the developers; on the other hand, we have to respect the choice of the market.” Key Overview and Recent Discoveries It has been discovered that the past two weeks has seen a high number of new high-risk ROI Dapps deployed on Tron’s network. The report highlighted that the current market situation is biased in favor of high-risk ROI and gambling Dapps. However, gambling Dapps have remained relatively the same but are also slightly losing their appeal to the market, opening an opportunity for developers to concentrate on building high-risk ROI Dapps. The whole Dapp market is showing positive signs of recovery after posting significant increases in trading volume and Daily Active Users (DAUs). The new positive outlook has restored hope in Dapps. Moreover, Tron’s Dapps are doing exceptionally well and have managed to outperform its two biggest rivals - Ethereum and EOS. Tron recorded a trading volume of more than $17 million in the past week. The report says: “Tron’s account number went beyond 2 million last week and the growth has speeded up even more, far exceeding that of EOS and ETH. This means that more and more new Dapp users have chosen Tron for their first public chain experience.” Tron’s partner, ICO bench, has launched a dedicated area for Tron projects. ICO bench was developed two years ago by a Russian team. Selected High-risk ROI Dapps of the Week Tron reviewed Shrimp Farm and Ant Farmers - two Dapps that recently made a hit. They both attained record-high DAU on Tron’s network’s less than three days after launch. Shrimp Farm reached a DAU of 30,000. The success of the two Dapps is centered on one of the high-risk ROI Dapps special features - timely return. Two more contributing factors to the success of the Dapps include freebies and high invitation rewards. These Dapps are considered to be investments in Dapps or TRX deposits in smart contracts and allow users to receive a certain payout in proportion to their ‘invested’ TRX. The second high-risk ROI Dapp introduced is P3T. P3T is a game platform with the highest number of active users on Tron in its category. The game enables users to trade and earn dividends based on the P3T token. Unlike the first two Dapps (Shrimp Farm and Ant Farmers), P3T employs a fixed return rate of 3.33 percent and has a longer return period of 30 days. TRON Dapp Report: TRON Acknowledges That The Market Is Favoring High-Risk ROI Dapps was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

4 days ago

Ethereum [ETH] & EOS Price Action - Quick Crashes and Recoveries For Both

Ethereum Daily Chart - Source: Tradingview.com The price action of the native cryptocurrencies of decentralized computing platforms EOS and Ethereum have both been looking bearish as they both undergo sharp drops earlier today. Both drops have managed to recover but the drops indicate that there is more selling pressure in the market for these cryptocurrencies. Both have also been consolidating for the past few days representing high amounts of trader uncertainty. Ethereum is forming a Dragonfly Doji candle for today’s daily candle and the prior to candles closed with small bodies. A Dragonfly Doji candle is a candle where the open, close, and high are all around the same point while there is a long lower wick to represent a sharp sell-off earlier in the day. A Dragonfly Doji candle can be bullish when it forms during a downtrend as it shows buyers rejecting lower valuations. However, when it forms after price action similar to what Ethereum has been recording, it is more bearish as it shows more selling pressure starting to arrive in the market. Ethereum Hourly Chart - Source: Tradingview.com The hourly chart shows that the price drop which took place earlier in the day quickly recovered. The price has been consolidating below resistance at $139.10 which has acted as resistance several times. EOS Daily Chart - Source: Tradingview.com EOS has also been forming a Dragonfly Doji candle on the daily chart after its crash and subsequent recovery in earlier intraday price action. The previous two candles formed on the daily chart for EOS were also Doji candles showing high amounts of uncertainty from traders. EOS Hourly Chart - Source: Tradingview.com Ther earlier price crash brought the price below a support level at $3.67 which it had tested numerous times already this week. Numerous tests of a support level make the level weaker with progressively fewer buyers to hold the level on each test. It is likely that price will fall back below the level again with the Dragonfly Doji indicating that there is increased amounts of selling pressure back in the market. Key takeaways: Both EOS and Ethereum crash and quickly recover in earlier intraday price action. Both are forming a Dragonfly Doji on the daily candle indicating higher amounts of selling pressure. The Dragonfly Doji candles forming are bearish signs after the period of consolidation that both of the price action of both of these cryptocurrencies have been recording. Latest Ethereum & EOS News: TRON Dapp Transaction Volume Surpasses EOS, While TRX and BTT Enjoy Listings on More Exchanges Ethereum [ETH] & EOS Price Action - Dragonfly Doji Setting EOS up to Outperform? DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Ethereum [ETH] & EOS Price Action - Quick Crashes and Recoveries For Both was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

4 days ago

Crypto Market Remains Vulnerable: Litecoin (LTC), BCH, TRX, ADA Price Analysis

The total crypto market cap is struggling to climb higher and it could break the $133.0B support. Litecoin (LTC) price moved below the $60 support and it could extend the downside correction. Bitcoin cash price declined below the $160 support and it may retest the $155 or $150 support. Tron (TRX) price failed to stay above $0.0230 and it is moving down towards $0.0220. Cardano (ADA) price is up more than 3% and it is trading nicely above the $0.0500 support area. The crypto market cap is currently at a risk of a downside break. Bitcoin (BTC), Ethereum (ETH), ripple, litecoin (LTC), bitcoin cash, TRX, XLM and ADA could decline heavily if sellers gain control. Bitcoin Cash Price Analysis Recently, bitcoin cash price started a downside correction after it failed to clear the $165 resistance against the US Dollar. The BCH/USD pair corrected lower and broke the $160 support recently. The current price action suggests that the price may move further lower towards the $155 support level. The main support is near the $150 level, where buyers are likely to emerge. On the upside, an initial resistance is at $160 and $162, above which the price is likely to clear the $165 resistance in the near term. Litecoin (LTC), Tron (TRX) and Cardano (ADA) Price Analysis Litecoin price climbed to a new monthly high recently and traded above the $60 level. Later, LTC price started a downside correction and traded below. It seems like there could be more downside and the price may test the $58 or $56 support level. On the upside, the key resistances are $60 and $62. Tron price remained under a lot of pressure and it recently failed to hold the $0.0230 support level. TRX price is now trading well below $0.0230 and it could continue to move down towards the $0.0220 support level. Cardano price gained bullish momentum this week and broke the $0.0500 and $0.0510 resistance levels. ADA price is currently up more than 3% and it seems like it could surpass the $0.0520 and $0.0525 resistance levels to move further into the positive zone. Looking at the total cryptocurrency market cap hourly chart, there were a couple of rejections near the $136.0B and $137.0B levels. The market cap moved down recently and it is currently trading near a crucial support at $133.2B. If there is a downside break, the market cap could decline towards the $132.0B or $130.0B support levels. In the mentioned scenario, there are chances of a downside extension towards the key $125.0B support. On the other hand, an upside break above $135.0B may spark bullish moves in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, TRX, XMR, XLM and other altcoins. The post Crypto Market Remains Vulnerable: Litecoin (LTC), BCH, TRX, ADA Price Analysis appeared first on NewsBTC.

4 days ago

EOS Price Analysis - March 20

EOS continues in a bullish trend in its short-term outlook. The bulls managed to push the price up to $3.82 before the brief consolidation

4 days ago

EOS Price Analysis: Platform Top-rated, But Will Prices Rally?

Latest EOS News After an extended crypto winter that saw different projects wrecked and developers calling it quit, it appears that the path towards stability is cooperation. Tron has been pretty successful in that and now Wanchain, an Ethereum fork which is creating solutions for cross chain interoperability allowing seamless value transfer between heterogeneous blockchains, will this year support EOS—the fourth most capitalized coin and a project ranked as “Superb” by CMC’s new partner, a blockchain analytic firm, Flipside. Wanchain’s next blockchain bridge will be #EOS! This integration is already in-progress and will be complete in Q2, making EOS and its powerful network of dApps fully inter-operable with the Bitcoin and Ethereum blockchains. Welcome @block_one @brockpierce @eosnewyork @LiquidEOS!— Wanchain (@wanchain_org) March 15, 2019 Read:Citi Once Had Plans To Launch A (Centralized) Crypto Asset, But Failed To Execute Already, Wanchain incorporated Loopring—a layer-2 protocol which allows third parties to build non-custodial DEX meaning token or coin exchange can be done in a peer to peer manner without the need of an third party while all order management is done off-chain—on their platform. Here’s what Jack Lu, Wanchain’s Founder and CEO had to say: “Wanchain’s interoperability platform is an excellent complement to Loopring’s protocol and will set the stage for a more advanced DEX ecosystem with the ability to offer cross-chain trading pairs and increased liquidity. “ Also Read:Could Bitcoin (BTC) Follow Gold’s Long-Term Chart? All in all, 2019 could be an interesting year for DEXs thanks to continued pummeling of centralized exchanges and increased oversight (and demands) from protective regulators. Aside from Wanchain—Loopring initiative, Binance is testing their version. However, should liquidity be overcame then we may as well see a migration towards secure DEXs thereby drawing additional demand to EOS—ranked as the best platform by China’s CCID. EOS/USD Price Analysis At the time of press, EOS performance is stellar and prices are up 1.9 percent in the last week with EOS changing hands at around $3.6 apiece. Even so, we should note that this could as well be a deserved correction and as price action dictates, a period of extended losses or gains should be followed by a correction. From the charts, it is clear that EOS is correcting and our resistance as laid out in the chart has been marked by a humongous bear bar. Trend and Candlestick Formation: Short-term bullish and breakout pattern From a top-down approach, sellers are technically in charge and EOS is trending within a bear breakout pattern thanks to mid-Nov 2018 sell-off. Nonetheless, in the short-term and in a classic bear breakout pattern, the current pullback could as well be the second stage—the retest phase (targets at $4—which has been retested) before a trend resumption phase begins. Therefore, while we are bullish and anchoring our analysis on the bullish breakout bar of Feb 18, we should also realize that the failure of bulls to muster enough momentum and satisfactorily close above $4, reversing losses of Feb 24 is bearish for EOS. If EOS fail to close above $4.5 complete with above average volumes exceeding 18 million in days ahead and instead drop below $3, we shall have solid reasons to exit this trade as bears of Feb 24 flow back. If not and prices rally, then bulls of Feb 18 would be present and in that case, first targets will be at $6. Volumes: Bearish Our EOS/USD price analysis is based on Feb 18, 24 and yesterday’s average at 14 million, 18 million and 3 million according to streams from BitFinex. Since we are bullish, we expect prices to edge higher and, in that case, EOS must print above $4.5. As a result of this position, accompanying volumes must exceed 18 million as price action confirms bulls of Feb 18. Conversely, losses below $3 must be complete with equally high volumes exceeding 18 million and recent averages confirming liquidation of Feb 24. All charts courtesy of Trading View—BitFinex This is not investment Advice. Do your Research. The post EOS Price Analysis: Platform Top-rated, But Will Prices Rally? appeared first on Ethereum World News.

4 days ago

Ripple (XRP) Price Could Bleed Further Versus Bitcoin (BTC)

Ripple price failed to stay above the 0.0000808BTC support and extended declines against bitcoin. XRP to BTC is currently under pressure and it could slide further below 0.0000780BTC. Key Talking Points Ripple price failed to break the 0.0000820BTC resistance and declined further against bitcoin.Two bearish trend lines are in place with resistance at 0.0000780BTC and 0.0000792BTC on the 4-hours chart of XRP to BTC (Data feed via Binance).The price may decline heavily once there is a break below the 0.0000780BTC support level. Ripple Price Analysis After a decent upward move, bitcoin, litecoin, Ethereum, EOS, ripple and BNB starred a downside correction versus the USD. However, XRP to BTC remained in a bearish zone and struggled to clear the 0.0000812BTC and 0.0000820BTC resistance levels. Looking at the chart, the price spiked above the 0.0000820BTC resistance recently, but it failed to stay in the positive zone. It started a major decline and broke the 0.0000810BTC and 0.0000800BTC support levels to enter a bearish zone. The decline was strong as the price even broke the 0.0000792BTC swing low and settled well below the 100 simple moving average (4-hours). There was a close below 0.0000792BTC and the price traded to a new monthly low at 0.0000782BTC. At the moment, the price is trading just above the 0.0000782BTC low and it remains at a risk of more losses. On the upside, there are two bearish trend lines are in place with resistance at 0.0000780BTC and 0.0000792BTC on the 4-hours chart of XRP to BTC. The second trend line coincides with the 23.6% Fib retracement level of the recent slide from the 0.0000809BTC high to 0.0000782BTC low. If there is a break above both trend lines, the price could rebound towards the 0.0000800BTC resistance. An intermediate resistance is near 0.0000796BTC and the 50% Fib retracement level of the recent slide from the 0.0000809BTC high to 0.0000782BTC low. Clearly, ripple is trading in a strong downtrend below 0.0000800BTC and it could decline sharply below the 0.0000782BTC low before XRP buyers could take a stand near 0.0000765TC or 0.0000750BTC. The market data is provided by TradingView. The post Ripple (XRP) Price Could Bleed Further Versus Bitcoin (BTC) appeared first on Ethereum World News.

4 days ago

Huobi announces launch of Huobi Prime, a premium token listing channel

Chinese crypto firm, Huobi, announced the official roll-out of Huobi Prime, a premium token listing channel, which will be released on 26 March 2019. With this feature, users will be able to trade in ‘high potential digital assets,’ before they are listed on the main exchange. According to Leon Li, the Founder and CEO of the Huobi Group, it is aimed at accessing promising crypto assets at rates substantially lower than their market price. The announcement stated, “To foster fair price discovery, and to avoid potential risks brought to users by severe volatility, we will introduce ‘Price Limit’.” According to a statement released by the group, users on its platform will have an investment cap of $1,000 in HT tokens, which boiled down to nearly 2,220 HT per sale, owing to the trading price, at press time. The project can be compared to Binance Launchpad, with its main goal being to provide a platform for “transformative crypto projects.” Like the Launchpad, Huobi Prime plans to list the digital assets against its native token HT for trading. In what may be an indication of the crypto-winter receding, trading platforms have opened up their roster to new and promising assets. In a similar roll-out, the Malta-based exchange, Bittrex, launched a token sale on its platform, in a bid to make the gaming system more transparent, with their first Initial Exchange Offering [IEO]. The latest Huobi feature comes a week after the crypto firm announced support for Tron [TRX] decentralized apps [DApps] on its multi-chain Huobi Wallet. The wallet currently supports Bitcoin, Ethereum, Tron, Bitcoin Cash, Bitcoin SV, XRP, EOS, Ethereum Classic, and Litecoin, as well as all ERC20 tokens and stablecoins. The roll-out followed a month after the Chinese group’s Australian unit was shut down eight months into its launch, due to poor market conditions. The post Huobi announces launch of Huobi Prime, a premium token listing channel appeared first on AMBCrypto.

4 days ago

CEO Behind EOS Predicts Bitcoin (BTC) Will Replace Gold as the Leading Store of Value

Brendan Blumer, the CEO and co-founder of Block.One, the company behind EOS (EOS), believes that Bitcoin (BTC) is set to replace gold as the standard store of value over the next two decades, according to a recent tweet. Over the next two decades, #Bitcoin will replace #gold as the leading commodity to store value —

4 days ago

We will be integrating Tron and EOS into #PlasmaChain. Plas...

We will be integrating Tron and EOS into #PlasmaChain. PlasmaChain will effectively become a Universal Layer 2, co… https://t.co/8bkgHTcTr8

4 days ago

Ethereum [ETH] & EOS Price Action – Quick Crashes and Recoveries For Both

[caption id="attachment_35496" align="alignnone" width="990"] Ethereum Daily Chart - Source: Tradingview.com[/caption] The price action of the native cryptocurrencies of decentralized computing platforms EOS and Ethereum have both been looking bearish as they both undergo sharp drops earlier today. Both drops have managed to recover but the drops indicate that there is more selling pressure...

4 days ago


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