EOS EOS

$2.45
Market Cap $ 2.217 Bn (#5)
24h Volume $ 709.628 MM
Chg. 24h: 5.53%
Algo. score 3.6/5  (#154)
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EOS News

Transactional Throughput on TronBet Surpasses all dApps on EOS or Ethereum

“Crypto addict” Tommy Mustache recently brought attention to the rapid increase in the usage of TronBet, a Tron-based decentralized application, as the popular gambling/gaming app has posted a record transactional throughput. According to Mustache, TronBet transacted 1.1 billion TRX worth more than $25 million in a 24-hour period and noted that “none of the other DApps from EOS (and Ethereum) are even coming close in terms of transaction volumes (dollars).” The volume actually increased since making the post, with 1.5 billion TRX worth $38.7 million being transacted over the past 24-hours. (JF)

3 hours ago

The 3rd phase of EOS Winter Financial Plan will start on Jan...

The 3rd phase of EOS Winter Financial Plan will start on January 15, 11am (GMT+8) !! Go and check on Math Wallet 👉🏼… https://t.co/DmMyBTjQ9v

4 hours ago

Signs of EOS Adoption as Reddit User Posts Pic of EOS Cafe in South Korea

Signs of adoption are beginning to pop up around the globe, as a Reddit user recently posted a picture from a sidewalk in South Korea showing EOS Cafe, and according to the poster, “This is a place in South Korea where EOS holders can meet up and discuss anything about EOS freely!” And in a true show of adoption, customers can pay for their coffee with EOS. Despite the bear market conditions in the crypto market, adoption continues to increase and significant developments continue to be made. EOS is currently trading at $2.48. (JF)

7 hours ago

Bitrue Crypto Exchange Adds XRP Pairs for EOS, VeChain, Polymath, and NEM

Singapore-headquartered crypto exchange Bitrue has announced that it would be adding XRP pairs for Polymath, VeChain, NEM, and EOS by the end of January. Bitrue added XRP as its base currency since its launch on July 19, 2018. The addition of these four XRP pairs will bring the total pairs supported on the exchange to thirty. Since the start of 2019, Bitrue has supported twenty-six XRP trading pairs including BCH/XRP, TRX/XRP, NEO/XRP, XRP/OMG, XRP/BTC, and LTC/XRP among others. (KE)

21 hours ago

It was great having @WalejDaramola , founder of @GigEcoin, w...

It was great having @WalejDaramola , founder of @GigEcoin, with us at “Huobi EOS Exchange Silicon Valley Meetup”. T… https://t.co/jxRaB1iant

a day ago

Our CFO & Partner @AlexLWitt is presenting “EOS dApps in...

Our CFO & Partner @AlexLWitt is presenting “EOS dApps investment and trend” at Huobi EOS Exchange Silicon Valley Me… https://t.co/Fc0PjHQzS3

2 days ago

Beta Version of EOS-Based Decentralized Exchange Launched by Huobi

The Singapore-based cryptocurrency exchange Huobi recently announced the beta launch of its EOS-based decentralized crypto exchange (DEX) which they have named Huobi EOS. The new DEX will start off with the EOS/BTC, EOS/ETH, and EOS/USDT trading pairs, with more to be added in the future once the DEX has been tested and user feedback has been implemented. All future new pairs will also need to go through a thorough “review and screening” process. Huobi Pool, the crypto mining subsidiary of Huobi, is the driving force behind the launch as it is also an EOS super node seeking to grow the ecosystem. (JF)

2 days ago

EOS Launches Referendum Tool Which Could Lead to Constitutional Changes

According to EOSGO, block producers on the EOS blockchain have added a new referendum feature that will allow token holders to have a direct say in many important issues and help keep the platform accountable to its base. The referendum went live on January 11 after more than 16 block producers voted in favor of a launch, allow users to vote directly on extremely visible and high-profile issues facing the EOS community, such as making changes to EOS’s underlying constitution, codebase, or smart contracts. Approval of the interim constitution is one of the first referendums up for a vote. (JF)

2 days ago

Ethereum Developer Accuses Google of Blacklisting Ethereum Ads Only

An Ethereum developer from blockchain startup Decenter has accused Google of prohibiting Ethereum Ads but allowing those of EOS and Bitcoin. According to the developer, Ethereum Ads were no longer being shown on Google as from January 9th. The blacklisting follows Google's ban on crypto ads in March 2018. In October 2018, the ban was updated to exclude exchanges in Japan and the USA. Currently, Google has not responded to these allegations by the Ethereum developer. (KE)

2 days ago

Finder Report: Stellar Lumens Price to Increase by 260% This Year

According to a Finder report, Stellar Lumens will post stellar performance in January and throughout the year. According to the report, XLM will surge by 84% in January to $0.21 and will record a 260% increase by the year-end to $0.41. Additionally, Cardano is expected to gain 43% before the start of February. Ethereum and EOS are also expected to gain 55% and 77% this year. The report shows bearish predictions for Tron, Litecoin, and Dogecoin. Based on the predictions, TRX, LTC, and DOGE would plunge by 52%, 35%, and 47% respectively. XRP will post a 44% increase by the year-end but will lose 10% this month, per the forecast. Six individuals from the crypto sector including Bitcoin developer Jimmy Song prepared the Finder report. (KE)

3 days ago

EOS Price Analysis – January 11

EOS is in a bullish trend in its short-term outlook. The strong bearish pressure was strong and this led to a break at $2.71 in the lower demand area.

4 days ago

Servi Nodes, Partners and Voters Can All Earn Rewards in the IOST Global Partner Election Program, says IOST Founder

At a recent AMA(Ask Me Anything) session, Jimmy Zhong, the Founder, and CEO of IOST(Internet of Services) explained the Global Partner Program and their rewards structure. Jimmy said IOST will issue 4% IOST to reward voters and partners/nodes in the first year. Voters could receive an annualized returns of 25%, and Servi node/Partner could earn rewards double that. The principle is that the more you participate in the community building, the more rewards you earn. Besides, he also said that IOST’s unique PoB(Proof of Believability) consensus makes it more decentralized than other projects such as EOS and Zilliqa. IOST Partner/Servi Node voting portal will open on Jan,14th. The website will support ERC-20 tokens till the Mainnet launches on Feb 25th, after which ERC-20 tokens will be automatically swapped to Mainnet IOST tokens. At press time, IOST is trading at $0.006, down 5.7% in the past 24 hours. (RL)

4 days ago

Bitcoin Cash [BCH] bleeds by 18.71%; EOS and Tron [TRX] fail to recover as tokens fall by over 16%

The cryptocurrency market saw a massive crash on January 10 and most of the major cryptocurrencies suffered heavy losses, and even on January 11, the market does not seem to be in a good shape. The top losers in the bear attack are currently Bitcoin Cash [BCH], followed by EOS and Tron [TRX]. Source: CoinMarketCap Source: CoinMarketCap Bitcoin Cash, at the time of press, was valued at $131.20, with a market cap of $2 billion. The coin registered a 24-hour trade volume of $357 million. The coin recorded a huge 18.71% slip in the past day, and has seen an overall dip of 19.35% in the past week. The coin is slowing recovering as it noted a rise of 0.19% in the past hour. The fourth-largest coin was highly traded on Huobi, with $50 million in trading volume with the BCH/USDT pair. Huobi was followed by LBank, which registered a trading volume of $32 million with the BCH/BTC pair. Upbit, in the third place, noted a volume of $25 million with the BCH/KRW pair. Source: CoinMarketCap As per the CoinMarketCap chart, EOS recorded a loss of 17.57% over the past day and had a market cap $2 billion. The coin registered a 24-hour trade volume of $1 billion and made a recovery of 0.38% over the past hour. The coin saw a dip of 10.54% over the past week. The coin was highly traded on OKEx, with a trading volume of $159 million with the EOS/USDT pair. The second place was taken by Bibox, which registered a volume of $95 million with the EOS/ETH pair. Bibox was followed by Bitz, which traded $91 million volume of the coin with the EOS/USDT pair. Source: CoinMarketCap TRX was pumping for the past few weeks, but this pump was suddenly restricted on January 10. At the time of press, the coin was valued at $0.0266, with a market cap of $1.7 billion. The 24-hour trading volume of the coin was $1 billion, with a fall of 16.95% over the past day. The coin registered an overall growth of 31.45% and is seen to be making a recovery with a 0.80% growth in the past hour. The coin was highly traded on Upbit, with a trading volume of $176 million with the TRX/KRW pair. The exchange that reported the second-highest trade volume was Binance, with $141 million with the TRX/USDT pair. Binance followed itself as it registered a volume of $110 million with the TRX/BTC pair. The post Bitcoin Cash [BCH] bleeds by 18.71%; EOS and Tron [TRX] fail to recover as tokens fall by over 16% appeared first on AMBCrypto.

4 days ago

Crypto Markets Shed 11% in a Day

The past 24 hours have seen the crypto markets plunge 11% to break the recovery trend from the December lows. As a result, the entire digital currency market has lost $15 billion of its valuation. BTC slumped to reach $3,850 then slid to $3,660. A further dive below the $3,600 support level could see BTC revisit its mid-December low of $3,200. Per data from CoinMarketCap, ETH has shed 13%, and XRP has dumped 11.5%. The most significant losers are BCH, EOS, Tron, and ADA with each nosediving 16% on the day. (VK)

4 days ago

Cryptocurrency Markets Plunge 11% in a Single Day

Just when things were looking positive for 2019, and cryptocurrency markets were making a slow recovery from their December lows, the bears came out in force and smashed them to bits over the past 24 hours. Over $15 billion has been lost from crypto assets since the same time yesterday resulting in a daily crash of over 11%. There were two separate dumps each occurring over about an hour as the tsunami of bears beat the hell out of Bitcoin and its brethren. Bitcoin has been facing stiff resistance at the $4,000 level as all indicators suggest that it will not be easy breaking through. Those were proved right yesterday as Bitcoin swiftly plunged back to $3,850, a previous level of support. The pain did not stop there as eight hours later another digital avalanche commenced sending Bitcoin back to $3,660. Any further losses below $3,600, another strong support zone, could see BTC back to its mid-December low of $3,200. As seen on countless occasions the entire crypto market is hopelessly tied to the movements of Bitcoin. The big purge has hurt Ethereum even more which is currently showing a 13% loss on the day according to Coinmarketcap.com. Ethereum’s pain has been XRP’s gain as it retakes second spot with a slim market cap margin of just $100 million. The Ripple token also dumped 11.5% but it was just enough to edge out Ethereum again. The entire market bled so much that Tether is climbing back up the chart and challenging Litecoin for seventh spot. The biggest losers at the time of writing are Bitcoin Cash, EOS, Tron and Cardano all plummeting over 16% on the day. Tron is still up over the week though as a series of positive fundamentals have kept TRX buoyant. There is only one survivor at the moment and that is Verge which has actually made a gain while all those around it have crumbled. XVG is actually showing a 7.5% increase on the day. There are a few updates to wallets and software but not a lot else appears to be driving momentum so it is likely to dump those gains very shortly. Verge has been considered by some as a deadcoin but it still seems to be kicking at the moment. Despite the latest purge crypto markets appear to be consolidating in a range bound channel between $120 and $140 billion. If a third dump happens things could easily go south very quickly and new lows could be made. As it stands now markets are at their lowest level for 2019. The post Cryptocurrency Markets Plunge 11% in a Single Day appeared first on Ethereum World News.

4 days ago

Crypto Wipeout: Who Are The Big Losers?

The market has decided to test the already fractious nerves of investors and plunge in value. Crypto price sites are a sea of red right now; it’s like November never ended... Cryptocurrency’s total value practically went off a cliff at just before 06:00 GMT this morning. The market cap went from a princely $138bn to $130bn in the space of an hour. Although crypto stabilized for a few hours, prices began to fall again as the European and American markets opened in turn. At 16:00 GMT, crypto was valued at $127bn but has since fallen by a further $7bn. The market’s total value came to $122bn, at the time of writing: that’s a 12% over the course of the day. This makes today the single biggest wipeout since the Christmas crash. Which coins are most affected? Out of the top ten, the biggest losers seem to be Ether (ETH) and Bitcoin Cash (BCH), both of which have seen 15% cut from their market valuations in the past 24 hours. EOS and Litecoin (LTC) aren’t far behind though, with each seeing 14% drops in the same timeframe. Although still affected by today’s crash, XRP has performed slightly better and has actually superseded ETH to become the second largest cryptocurrency by market cap. Tron (TRX), which had been on a strong rally earlier this week, has lost nearly all of it’s gains. From a market cap high of $2.2bn, which it reached this morning, the coin is now back down $1.7bn. Excluding the stable coin Tether (USDT), Bitcoin (BTC) is the coin in the top-ten which has fared the best today. Still that’s a drop of 9%, taking BTC below the $4,000 mark it had been hovering around all week. It is currently trading at $3,700, it’s lowest valuation since the end of December. It could fall back down to its yearly 15-month low of $3,200 if the trend continues. Other notable losses outside the top-ten also include coins which had performed well earlier in the week. Pundi X (NPXS), which had seen a sudden surge yesterday, is now down by over 20%; IOST, which had 30% added to its market cap on Monday, was also down by 20%. What’s behind the crypto wipeout? There are currently a few ideas going around. Data collected by CryptoCompare suggests that most of the sell-offs in the morning were denominated in Japanese Yen (JPY) and the Thai Baht (THB). This suggests that it was Asian investors who began the sell-off, which may have now spread to Western markets as the day wore on. This may not be the only reason, however. David Thomas, the CEO of GlobalBlock, a London-based cryptocurrency broker, believes bearish news may partly be behind the wipeout. The Ethereum Classic (ETC) reorg on Monday as well as rumors of a potential whale moving $68m worth of ETH onto an exchange, may have spooked investors. He also added that the sell-off may be a quick reaction to traders making a quick profit from high prices. “ETH has risen off its lows before Christmas by some 80%,” he wrote. “Any weakness can often lead to a trigger of profit taking from those that managed to catch the lows around $82 in December.” The author is invested in digital assets, including BTC and ETH which are mentioned in this article. Join the conversation on Telegram and Twitter! The post Crypto Wipeout: Who Are The Big Losers? appeared first on Crypto Briefing.

5 days ago

OKEx Launches TRX Triple Leveraged Margin Trading

OKEx recently announced that it had added TRON (TRX) to its list of digital assets that can be traded on margin. The popular altcoin will have spot margin trading for the TRX/USDT and TRX/BTC pairs, with up to 3x leverage. OKEx users can also deposit TRX to the OK PiggyBank and this allows exchange users to loan their crypto holdings to other margin traders. OKEx would then take 15% of the daily margin interest as its own profit and the remaining 85% would be spread amongst users based on the number of coins in the OK PiggyBank. Users can also deposit Bitcoin, Tether, Ethereum, EOS, Litecoin, Ethereum Classic and XRP to the PiggyBank. (RS)

5 days ago

Crypto Market Update: Tron (TRX), EOS and Bitcoin (BTC) Price Analysis

The honeymoon appears to be over for cryptocurrencies as the Mini Bull Run came to an abrupt end today. The markets have been painted red, with very few coins showing green on daily cryptocurrency analysis charts. After an upward rally, Bitcoin has tested and breached below the $4000 mark on which it had found support. Tron and EOS have also followed suit, with both recording significant losses over the last 24 hours. Tron (TRX/USD) Tron is down by 7.45% over the last 24 hours and is currently selling at $0.026. The TRX/USD pair has enjoyed a great run as can be seen from its Relative Strength Index (marked A). It dominantly drifted into the ‘undersold’ area (above 70), indicating how high investor sentiments were in this coin. Also, the just concluded Bull Run’s momentum had the effect of pushing prices upwards, testing and breaching previously held Resistance Zones. The 7 days EMA (C) was at all instances above the 21 days Moving average (B), which signaled a strong Bull Run. Today, however, the RSI has dropped sharply from the ‘undersold’ area and is currently at 40 (closer to ‘oversold’ than ‘undersold’). This shows a drastic drop in investor sentiments. Unless the Bulls can up their momentum, the Bears are likely to push price further lower in the short term. EOS (EOS/USD) After going through a strong Bull Run, EOS is once again headed downwards. After last year’s fork, EOS took a beating and was only starting on the upward trend at the beginning of 2019. Today, however, tables have turned and the Bearish momentum has once again resumed. Eos is down by 9.50% over the last 24 hours and is currently selling at $2.57 against yesterday’s $2.839. Additionally, the 7-day moving average (B) is crossing over the 21 day EMA (C), which goes to show the strong Bearish trend that has hit the markets. This can also be seen in the Relative Strength Index (RSI) marked C. it is headed down and near the ‘oversold’ area, signaling negative investor sentiments in EOS. Bitcoin (BTC/USD) The largest coin by market capitalization was also painted red today after the Bears engulfed the markets. This saw BTC fall under the $4000 mark and is currently oscillating at around $3820. The previous support set at the same figure was tested and breached. Also, there is reduced investor confidence in BTC as the RSI (A) has crossed into the ‘oversold’ area. Both EMAs (B and C) are also headed downwards which indicates that the Bearish trend may be here for long. The post Crypto Market Update: Tron (TRX), EOS and Bitcoin (BTC) Price Analysis appeared first on ZyCrypto.

5 days ago

Bitcoin Price Sinks Below $4000 again, Sliding XRP, ETH, BCH, EOS Down the line

While TRX edged out Tether and riding the increasing wave, the crown cryptocurrency, Bitcoin is sinking below $4000 again, dragging other leading cryptocurrencies in the red zone. However, any specific reason affecting this low is still out of sight but the analyst predicts ‘more lows before heading towards high’. Market Again in Red Zone Today According to the data from Coinmarketcap, Bitcoin is trading at $3,844.54 with a negative mark of 5.20 percent (press time). The red zone is then followed by XRP which has dropped with 4.44 percent, ETH with 10.37 percent, Bitcoin cash declined with 12.32 percent, EOS with 8.01 percent, Stellar with 5.775 percent, and Litecoin with 10.03 percent. Nevertheless, of all top 10 cryptocurrencies, the upward move is seen by TRON and Tether which were spotted on 8th and 9th position consequently with the growing point of 11.04 percent and 0.18 percent respectively. In a meantime, the latest report from Bloomberg indicates the prediction of a technical analyst who measures the upcoming move of Bitcoin based on the historical price pattern. As such, it has revealed that ‘bottom is in for Bitcoin’. Founder of the crypto hedge fund Ikigai, Travis Kling told Bloomberg that; I am certainly willing to change my mind, but the preponderance of evidence leads us to believe that we’ll see more lows before we head higher.” Certainly, the prediction turned the reality. However, the early days of 2019 seem exciting for the crypto community, especially for Bitcoin and Ethereum enthusiasts since Bitcoin was slowly moving up and Ethereum took charge over XRP as the second largest cryptocurrency. In addition, the Ethereum fork created a huge hype across market along with Ripple delivering its commitment. Despite the drop around the largest cryptocurrencies, Justin Sun’s TRX is getting greener day by day. Notably, it has first surpassed long-standing 9th positioned Bitcoin SV and today it overtook Tether and became the 8th largest cryptocurrency with a total market cap of $1,995,850,324. First #BSV and now #Tether, #Tron is all set to reach the peak. Tron current price is: $0.030221 (14%⬆️)@justinsuntron @ABCC_Exchange https://t.co/H9KQRh8jxs — CoinGape (@CoinGapeMedia) January 10, 2019 What do you think the next move of Bitcoin, ETH, XRP, and other cryptocurrencies? Share your predictions. The post Bitcoin Price Sinks Below $4000 again, Sliding XRP, ETH, BCH, EOS Down the line appeared first on Coingape.

5 days ago

Bitcoin Cash [BCH] and EOS get mauled by the bear as price slump reaches significant heights

2019 has started in a typical rollercoaster fashion for the cryptocurrency market with several coins suffering the wrath of the bear after a week that saw sporadic bullish gains. Bitcoin [BTC], which has acted as a catalyst staying above $4,000, has fallen below the mark, following which the entire chart shows a drastic bleed. At press time, EOS was trading for $2.71 and was falling at the rate of 3.17%. The cryptocurrency held a market cap of $2.457 billion and a 24-hour market volume of $906.282 million. A majority of the trade volume was held by OKEx, which had a grasp on $114.480 million worth of EOS trade. OKEx was closely followed by DOBI Exchange, controlling 7% of the total trade. What makes the crash significant is the fact that just last week, EOS was among the best performers on the charts. The fifth-largest cryptocurrency was gaining in double-digit numbers, an event overshadowed by the current bearish scenario. The top-four cryptocurrencies also suffered the bear’s wrath with Bitcoin Cash [BCH] exhibiting multiple drops and turning out to be the biggest loser amongst the top-10 club. At the time of writing, BCH was trading for $143.26, with a bearish turn of 11.3%. The cryptocurrency held a market cap of $2.515 billion, with a 24-hour market volume of $217.721 million. Upbit, a popular cryptocurrency exchange, had a hold on $16.236 million worth of BCH trade. LBank came in a close second, controlling 5.84% of Bitcoin Cash’s total trade. Bitcoin Cash was also in the news recently when CoinField, a popular Canadian cryptocurrency exchange, added new BCH pairs along with other pairs of Bitcoin, Ethereum and Litecoin. Roger Ver, the CEO of Bitcoin.com and one of Bitcoin Cash’s major proponents, had also predicted that 2019 will be the year of stablecoins. He had further stated: “There are so many use cases for cryptocurrencies and I have made it a point to inform users about it. One major example is Purse.io, using which shoppers can get a 30 percent discount on Amazon. Bitpay has also made several strides to make Bitcoin Cash popular along with Coins.ph. Using Coins.ph, people can send money from the Philippines to anywhere else on the planet, quickly and easily.” The post Bitcoin Cash [BCH] and EOS get mauled by the bear as price slump reaches significant heights appeared first on AMBCrypto.

5 days ago

XRP overtakes Ethereum [ETH] in the bearish market; regains second position

The cryptocurrency market has been going through a rough patch this new year as the market saw major coins plunging on December 10. The major coins were hit by the bear and saw a massive fall, including Ethereum [ETH]. The coin, which was the second-largest coin until the dawn of December 10, slipped to the third position, making XRP, the second largest coin. Source: CoinMarketCap At the time of press, the coin was valued at $134.27, with a market cap of $14 billion. The coin registered a 24-hour trade volume of $2.9 billion with a fall of over 11% in the past day. The coin registered an overall growth of 11.52% over a week, but has fallen victim to the bear attack and fallen by 0.05% over the past hour. Source: CoinMarketCap The coin registered a maximum trading volume on OKEx. The total volume traded on the exchange was noted to be $143 million with the ETH/USDT pair. Meanwhile, IDAX reported a trading volume of $91 million with the KZE/ETH pair. IDAX was followed by DigiFinex, with a volume $90 million with the ETH/USDT pair. Source: CoinMarketCap Meanwhile, XRP regained its second position with a market cap of $14.2 billion and was valued at $0.3485. XRP registered a 24-hour trade volume of $766 million, with a fall of over 5% in the past day. The coin has recorded growth over the past week by 4.80% but has fallen by 0.73% over the past hour. The coin was highly traded on UPbit, with the exchange registering a volume of $69 million with the XRP/KRW pair. ZB.COM followed UPbit, in terms of trading volume by registering a volume of $62 million with the XRP/BTC pair. Binance took the third position with $54 million volume on the XRP/USDT pair. Earlier today, the coin had fallen briefly to the third position, but had managed to overtake XRP in no time. Source: CoinMarketCap The bear is not favoring any major coin and has attacked every single one of them. At the time of press, Bitcoin Cash had plunged by 13.97% over 24 hours, followed by Litecoin [LTC] which recorded a fall of 11.70%, and EOS which noted a fall by 9.20%. The post XRP overtakes Ethereum [ETH] in the bearish market; regains second position appeared first on AMBCrypto.

5 days ago

Bitcoin down $250 as Report Claims Russia Might Trigger the Next Bull Run

After spending four days above $4,000, Bitcoin has finally given way. And it has been quite a drop, with the currency losing $250 in the space of thirty minutes. The drop sees it trading at $3816 at press time, having dropped from $4,016. Bitcoin had witnessed yet another 30-minute rally on January 6, gaining over $200 in just thirty minutes to hit $4,080. It was the first time Bitcoin had hit the $4,000 level since Christmas and many viewed it as the first step in a possible 2019 rally. Meanwhile, Russia intends to buy bitcoins to the tune of billions of dollars to mitigate the effects of U.S sanction in February. This is according to a report by Australian crypto site Micky.com which claimed to have had an exclusive interview with a lecturer at a leading Russian economics institution. This could trigger a massive bull run, with the Russian Central Bank sitting on over $450 billion in reserves. A Flash Crash The unpredictable nature of the crypto market became evident once again after a flash crash hit the market earlier today. This crash was quite unexpected, given most cryptos have been having a good run since the year turned. The crash spared no one, with stablecoins being the only cryptos in the top 50 that have not experienced a dip. Bitcoin Cash was the worst hit, with the currency losing 15 percent in the past 24 hours. BCH lost $35 in a few hours, dropping from $161 to $135. At press time, the currency was trading at $140. BCH consequently lost $500 million, putting it within $70 million of fifth-placed EOS. EOS lost 9 percent and the race for the fourth spot might end up being decided by which currency can bounce back the fastest. Despite Bitcoin’s price dip, technical gauges indicate an impending price rally. In the past few days, the upper and lower bands of the GTI Vera Bands Indicator have narrowed progressively. This indicates that Bitcoin could be on the verge of a breakout. The indicator also shows that Bitcoin is on its longest buying streak since mid-September, a further indication of a possible bull run. However, as exciting as this may sound, it’s best to remain cautions according to Travis Kling. Kling is the founder of Ikigai, a crypto hedge fund, having served as a portfolio manager for billionaire Steve Cohen’s Point72 hedge fund. He told Bloomberg: It’s unlikely that the bottom is in for Bitcoin. I am certainly willing to change my mind, but the preponderance of evidence leads us to believe that we’ll see more lows before we head higher. Could Russia Trigger The Next Bull Run? China, Japan, South Korea and the U.S. These are the nations that have had huge impacts on Bitcoin’s price movement in the past. However, it looks like the next bull run could be triggered by an unlikely entrant: Russia. The U.S and Russia have rarely seen eye to eye, and sanctions have been a natural result. This time, it might be a little different according to Vladislav Ginko. Ginko is a lecturer at the Russian Presidential Academy of National Economy and Public Administration. As reported by Micky.com, Ginko believes that Russia will turn to Bitcoin. He stated: US sanctions may be mitigated only through Bitcoin use. Because of US sanctions, Russia’s elite is forced to dump US assets and US dollars and invest hugely into Bitcoins. Central bank of Russia sits on $466 billion of reserves and has to diversify in case there is limited opportunities to do it (in the future) Image(s): Shutterstock.com The post Bitcoin down $250 as Report Claims Russia Might Trigger the Next Bull Run appeared first on NullTX.

5 days ago

You are invited! SWFT Blockchain is co-organizing Huobi EOS ...

You are invited! SWFT Blockchain is co-organizing Huobi EOS Exchange Silicon Valley Meetup this Saturday evening.… https://t.co/VRL2HycSVx

5 days ago

EOS New York Announces New Hardware Wallet

EOS New York, one of the 21 block producers (BP) responsible for running the EOS blockchain has teased a new Hardware Wallet on Twitter. Without revealing much, the BP said EOS should have the best hardware wallet to match its dApp user experience. The wallet will be called Metro. When asked about the hardware wallet being produced by Block.one, another EOS block producer, EOS New York said competition is better for the users. EOS is priced at $2.96, gaining 5.09% in the last 24 hours. (VS)

5 days ago

Huobi Weekly Research Report: Both Bitcoin and Ethereum Mining Fees Have Risen

According to the weekly report from Dec.31 through Jan.6 released by Huobi exchange, the block size of Bitcoin fell last week and the average number of transactions on the chain decreased. The block size of the Ethereum also slid, and the average number of transactions was the same as last week. The average number of unconfirmed transactions in Bitcoin increased by 10.49% compared with the same period of last week. The average number of unconfirmed transactions in Ethereum slumped from the same period last week. The mining fees on both Bitcoin and Ethereum blockchain have risen last week. Besides, the number of EOS transactions dropped sharply, with the number of new addresses down by nearly 50%. (RL)

5 days ago

中文采访 ImToken 总裁何斌 Interview with ImToken CEO Ben He on his Outlook for Crypto Wallets in 2019: “We don’t need to focus on the US to succeed”

We interviewed the CEO of ImToken Ben He at DevCon in Prague in early November last year. If you don’t know about ImToken, you should. It is one of the largest, private companies in Crypto in Asia. ImToken is currently the world’s largest Ethereum wallet with over 7.51million in installed devices (as of recent stat releases, read more below). It is feature-rich digital asset wallet that enables multi-chain asset management, DApp browsing and secure, private exchange of value. The company is headquartered in Singapore. In this interview, we talk about Ben’s thoughts on the company success in Asia, on opensourcing their code, on their upcoming hardwallet, thoughts on potential expansion to the US and the outlook for 2019. We will be sharing a written transcript soon. And you can check out the audio here: ImToken’s 2018 Stats came out recently and we are impressed. Check out some of the stats: 2018 imToken Accumulated Installed Devices Broke 7mio imToken accumulated installed devices reach 7.51mioAndroid & iOS ratio stands at 7:3Top 10 non-mainland Chinese countries: USA, India, Indonesia, Korea, Philippines, Malaysia, Japan, Vietnam, Australia, Thailand 2018 imToken Accumulated Transactions Count Broke 2.45mio Accumulated transactions: 2.45mioTop 10 tokens transacted: ETH, EOS, BTC, MST, BEC, BNB, HT, BITE, MT, VGS, HMS, AIT 2018 imToken Major Milestones May 31st. Completed Series A funding by IDG Capital, taking a step into the international market.May 31st. Released imToken 2.0 RC version, after 5 beta iterations.June 14th. Released EOS wallet and EOS BP voting DAppJuly 31st. Launched imToken 2.0. Inauguration of imToken Ventures.October 24th. imToken went open-source.October 31st. Sponsored Devcon IV, announced investment into imKey.November 30th. Kick-started imToken 2.0 migration campaign. The very beginning of a new journey. 2018 imToken Partnership Statistics Supported tokens: 70,000Supported trading pairs: 3848EOS DApp partners: 17ETH DApp partners: 34 Well-received ETH partners with users in 2018: KyberMakerDAOLoopringDEXDDEXCompound Most popular ETH projects with users in 2018: LuxeENS Most popular ETH games with users in 2018: HyperDragonsGods Unchained Most popular EOS BP partners in 2018: EOSParkEOS Asia Well-received EOS partners with users in 2018: Bank of StakedEOSDAQCPU EmergencyEOS Recover To learn more, go to their medium page here

5 days ago

中文采访 ImToken 总裁何斌 Interview with ImToken CEO Ben He from DevCon 2018 in Mandarin

We interviewed the CEO of ImToken Ben He at DevCon in Prague in early November last year. If you don’t know about ImToken, you should. It is one of the largest, private companies in Crypto in Asia. ImToken is currently the world’s largest Ethereum wallet with over 7.51million in installed devices (as of recent stat releases, read more below). It is feature-rich digital asset wallet that enables multi-chain asset management, DApp browsing and secure, private exchange of value. The company is headquartered in Singapore. In this interview, we talk about Ben’s thoughts on the company success in Asia, on opensourcing their code, on their upcoming hardwallet, thoughts on potential expansion to the US and the outlook for 2019. We will be sharing a written transcript soon. And you can check out the audio here: ImToken’s 2018 Stats came out recently and we are impressed. Check out some of the stats: 2018 imToken Accumulated Installed Devices Broke 7mio imToken accumulated installed devices reach 7.51mioAndroid & iOS ratio stands at 7:3Top 10 non-mainland Chinese countries: USA, India, Indonesia, Korea, Philippines, Malaysia, Japan, Vietnam, Australia, Thailand 2018 imToken Accumulated Transactions Count Broke 2.45mio Accumulated transactions: 2.45mioTop 10 tokens transacted: ETH, EOS, BTC, MST, BEC, BNB, HT, BITE, MT, VGS, HMS, AIT 2018 imToken Major Milestones May 31st. Completed Series A funding by IDG Capital, taking a step into the international market.May 31st. Released imToken 2.0 RC version, after 5 beta iterations.June 14th. Released EOS wallet and EOS BP voting DAppJuly 31st. Launched imToken 2.0. Inauguration of imToken Ventures.October 24th. imToken went open-source.October 31st. Sponsored Devcon IV, announced investment into imKey.November 30th. Kick-started imToken 2.0 migration campaign. The very beginning of a new journey. 2018 imToken Partnership Statistics Supported tokens: 70,000Supported trading pairs: 3848EOS DApp partners: 17ETH DApp partners: 34 Well-received ETH partners with users in 2018: KyberMakerDAOLoopringDEXDDEXCompound Most popular ETH projects with users in 2018: LuxeENS Most popular ETH games with users in 2018: HyperDragonsGods Unchained Most popular EOS BP partners in 2018: EOSParkEOS Asia Well-received EOS partners with users in 2018: Bank of StakedEOSDAQCPU EmergencyEOS Recover To learn more, go to their medium page here

6 days ago

Will the Descending Triangle for Dogecoin [DOGE] Precede a Range Reentry?

Dogecoin Daily Chart - Source: Tradingview.com Dogecoin looks likely to reenter an important range after forming a descending triangle over the past three to four weeks. A descending triangle is a bearish trend continuation pattern that increases the likelihood that price will break below the pattern. With Dogecoin already trading at the bottom of this pattern, we are likely to see price reenter an important range for Dogecoin between $0.002 and $0.0023. Price has already dropped into this range on the past five consecutive days but risen back above each time. However, the longer price trades here, the more likely it become that price will reenter the range. The range is an important one for Dogecoin. It was the point where Doge found support prior to undergoing a price spike in September. Price also traded within this range for three weeks between mid-November and mid-December despite the rest of the market recording bearish drops. Dogecoin 4-Hour Chart - Source: Tradingview.com The four-hour chart shows in closer detail how the price action of Dogecoin has been respecting the descending triangle pattern. With the pattern approaching its end, it is highly likely that Doge will reenter its range over the coming days. Key Takeaways: Dogecoin is trading within a descending triangle pattern which is a bearish continuation pattern. The pattern is currently approaching its end making it likely that price will break below over the next few days. Price has already dropped below on the past five days but has risen back above on each occasion. A break below would result in Doge reentering an important range between $0.002 to $0.0023. Doge spent three weeks inside this range between mid-November and mid-December despite bearish movements taking place across the rest of the market. Latest Dogecoin News: Price Analysis: Bitcoin, Ethereum, XRP, Stellar, Litecoin, Cardano, EOS, IOTA, Tron, and Dogecoin DogePal Releases New Version With More Features for Optimized Dogecoin [DOGE] Payments 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. Will the Descending Triangle for Dogecoin [DOGE] Precede a Range Reentry? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

6 days ago

Tron [TRX] Top Performer After Surpassing Its 200-Day Moving Average

Tron Daily Chart - Source: Tradingview.com Tron is the top performing major cryptocurrency for a second consecutive day after it surpassed its 200 simple moving average (SMA) yesterday. The 200 SMA is commonly used by analysts to identify the direction of the long-term trend, and with Tron now trading above, many may have a more bullish price outlook. The numbers are reflecting Tron’s recent strong performance. Data from Messari shows Tron has increased 8% over the past 24 hours, 45% over the past seven days, and 116% over the past 30 days. Today’s surge has resulted in price action rising above a key level at $0.028. $0.028 to $0.031 was a support area during a bearish decline back in August. Tron has started reversing since entering into this area showing it to be an area of seller liquidity. Tron 4-Hour Chart - Source: Tradingview.com Tron managed to reach a high of $0.029 once it entered the area but then started reversing. The surge to this high has taken place despite most major cryptocurrencies consolidating today. This is a bullish sign that Tron can record a strong price performance despite the overall market consolidating. There is a strong possibility that Tron can continue its surge and surpass $0.029. Both the MACD and RSI are increasing on the above 4-hour chart reflecting the strong buyer momentum in Tron right now. Tron is aiming to become a top 4 cryptocurrency by market cap this year as revealed by a recent retweet by Justin Sun: Tron had reached all the milestones it had set out to achieve for 2018. Here are Justin predictions for 2019. One of them is to take Tron to the top 4 ranking on CMC by the end of 2019. I will be happy with being 5th or 6th, but will not complain about being 4th for sure. pic.twitter.com/EIcVfYga6y — Tommy Mustache (@tommyp408) January 2, 2019 Key Takeaways: Tron is the best performer among major cryptocurrencies for the second consecutive day Tron entered the key area of seller liquidity between $0.028 and $0.031 before starting to reverse Tron formed a high of $0.029 before starting to reverse. With strong buyer momentum, there is a strong possibility that Tron can continue its surge and surpass this point Latest Tron News: Is Tron [TRX] Entering a Long-Term Uptrend? TRON Weekly Report: TRON Is Aiming To Have More DApps Than EOS By the End of Jan 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. Tron [TRX] Top Performer After Surpassing Its 200-Day Moving Average was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

6 days ago

Asia Crypto News Roundup from Jan 5th-8th

What Crypto insiders are reading on Asia. Yesterday, we released our 2019 In-House Predictions on Crypto in China, US and the rest of Asia, sharing our thoughts from a global lens on what’s going to happen to the crypto around the world. We highlight the realities of a China digital currency, outlook on the largest exchanges and US projects, the important cities you shouldn’t miss in 2019, and more. Be sure to check it out and share with your friends.Share with Friends Top News in Asia from this Week Do you recall repeatedly seeing articles about China’s crypto rankings? Well, apparently, it doesn’t appear to be coming from the regulators themselves, but a private consulting entity under China’s MIIT. According to a Vechain101 article, the author directly contacted the CCID and learned that China’s CCID Ranking Report is actually a private, and biased ranking that we should not rely on. After ETC 51% attack, Ethereum Miner Linzhi Calls Out Project Coders for Proposed ASIC Ban:http://bit.ly/2Rf2he1 Japan’s financial regulator is considering allowing Bitcoin ETFs, an anonymous source told Bloomberg: http://bit.ly/2Fhy5rA State of Blockchain in South Korea — a comprehensive report by OneAlpha.http://bit.ly/2RgN50b Beijing-based bitcoin mining giant Bitmain was reportedly monitoring its employees at work via a self-developed app before its much-publicized layoff: http://bit.ly/2FjeMOw The team at RelayNode has started a new newsletteron the latest crypto event happenings in Hong Kong and Singapore under Jason Choi. Be sure to check it out before you make your travel plans to Asia. Most Clicked on From Last Newsletter EOS is a DAO. http://bit.ly/2C0OGMZ Alibaba predicts 10 tech trends for 2019 including faster deployment of blockchain applications and specialized AI chips: http://bit.ly/2C513ro Funding news Lightspeed China partners raises $560m to invest in China tech companies; http://bit.ly/2C2T3r5 Exchange News Binance adds stablecoin pairs- PAX/TUSD, USDC/TUSD and USDC/PAX Trading Pairs.http://bit.ly/2RgOhAH Regulation News Five cryptocurrency exchanges join the Japan Virtual Currency Exchange Association to protect investors in the industry: http://bit.ly/2FiOAUs Business News Blockchain Water Purifier? New China Mobile Appliance Earns You Tokens.http://bit.ly/2RcFlMy China’s analysts say cryptos may not make a big comeback in 2019: http://bit.ly/2Fm2JQu Hong Kong investors claim they lost HK$3 million in venture of cryptocurrency promoter thought to be behind ‘money falling from sky’ stunt’: http://bit.ly/2FizCO3 Four cryptocurrency hotspots that saw tremendous growth in 2018- Malta, Japan, Korea andHong Kong: http://bit.ly/2FiPuA Police in Harbin, capital of northeast China’s Heilongjiang Province, has arrested five men suspected of stealing electricity worth over about $0.15 million to mine cryptocurrencies:http://bit.ly/2FfU2Ye China and Others China Internet watchdog launches crackdown on harmful information. http://bit.ly/2Re1zhg How Is the definition of money changing in Asia?: http://bit.ly/2FiEtPo January/February 2019 — MIT Technology Review — The China Issue From Peppa Pig to giant babies, these memes took over China’s internet in 2018.http://bit.ly/2RflCMd DON’T MISS IT If you happen to be at Binance blockchain week, use the code “MissBitcoin” 4 discounted tickets, courtesy of Miss Bitcoin Mai. You will have $49 off when they register atwww.binancefair.com/registration Our Podcast is Out! with Alex Shin, Co-Founderand Partner at Hashed Hashed is a Korean blockchain project accelerator and also the largest pure play crypto investment fund in Korea. Alex Shin is a cofounder and partner of the fund. Founded in 2017, Hashed has shaped the Korean blockchain industry through its unique approach to finding and nurturing nascent projects. It has helped accelerated projects such as Terra and ICON. When I spoke to Alex, I found him to be extremely skillful at bridge building between east and west, and he along with his partners are committed to put Korea on the global crypto map. In this upcoming podcast episode, we discuss Hashed and its investments, Alex’s view on crypto markets now, and Korea’s crypto regulator and the conglomerate participants there.

6 days ago

Interview with Hashed Partner Alex Shin on the Markets and Korea

Hashed Partner Alex Shin on his Outlook for Korea and it’s Regulator Role in the Crypto Markets in 2019 and Views on Current Bear Market Hashed is a Korean blockchain project accelerator and also the largest pure play crypto investment fund in Korea. Alex Shin is a cofounder and partner of the fund. Founded in 2017, Hashed has shaped the Korean blockchain industry through its unique approach to finding and nurturing nascent projects. It has helped accelerated projects such as Terra and ICON. When I spoke to Alex, I found him to be extremely skillful at bridge building between east and west, and he along with his partners are committed to put Korea on the global crypto map. In this upcoming podcast episode, we discuss Hashed and its investments, Alex’s view on crypto markets now, and Korea’s crypto regulator and the conglomerate participants there. Listen here or go to iTunes: Or Access Youtube video here: Announcing Guest for Our Latest Podcast Episode — Alex Shin, Co-Founder and Partner at Hashed Joyce Yang Hi everyone. Welcome to the global coin podcast. A podcast where we hear from leading global operators and investors in crypto, with their thoughts on the Asia Blockchain and cryptocurrency space. Asia is really a cryptocurrency hub, and understanding the region is as important as understanding what’s going on locally. We also have a newsletter that highlights all the important crypto news coming out of Asia, with many translated by our staff directly from the local media. Check it out at globalcoinresearch.com. I’m your host Joyce Yang and our guest today is Alex Shin from Hashed. Hashed is a Korean Blockchain project accelerator and also the largest pure-play crypto investment fund in Korea. Alex is a co-founder and partner of the fund. Founded in 2017, Hashed has shaped the Korean Blockchain industry through its unique approach to finding and nurturing nascent projects. He has helped accelerated projects such as Terra and ICON. When I spoke to Alex, I found him to be extremely skillful at bridge building between the east and west and he along with his partners are committed to put Korea on a global crypto map. In this episode, we discussed Hashed and its investments, Alex’s view on the crypto markets and Korea’s crypto regulators and the conglomerate participants there. Alex Shin Joyce Joyce Yang Yes, Alex. Can you talk about yourself and Hashed? Alex Shin I’m the coolest guy in crypto. Okay we are the leading crypto assets Venture Capital firm out in Korea, but none of us come from Venture Capital or Hashed fund. In the backgrounds, we are all entrepreneurs and for the most part everyone’s really techie, but with the exception of me. So we think a lot more about what it means to be a network participant. When you’re out in Korea, A lot of people come out here looking for consumer adoption or trading volumes so we do all the biggest events. We do a lot of community events. In July, we did Korea Blockchain with those you know it’s normally successful and that’s us in a nutshell. I think Kyle from multi-coin calls it generalized mining. I don’t like that. It just sounds a little too much like POW. In that same category, we call it network participant or network builders or something. No one’s quite coined that yet so we’ll see. Yeah that’s Hashed. Joyce Yang That’s great. And you guys have been around for some time right? Alex Shin Yeah. So a little over 2 years ago, so late 2016 when crypto was just kind of taking off in Korea, bear in mind South Korea was not online for Bitcoin, Japan and China was. So that’s why you see all the Bitcoin volume in Japan and in Korea, you see Ethereum and everything else. We were a syndicate of tech founders that were really savvy in his category. We called ourselves BPK, Blockchain Partners Korea and some of you might have heard that. We really wanted to put Korea on the headline because that’s sort of why we got together. We thought this rare opportunity you know for this new category to emerge and Korea of all places to be the eye of the storm and we thought that was really interesting. But that actually spun off into some really cool things. So a year and a half ago at this time, South Korea was speculation volume and nothing else. And we thought about building out this ecosystem which would mean that we need some good projects, we need developer ecosystems. So we naturally ended up working with 2 guys in our syndicate who happened to be founders of ICON. The other two guys were Doctors and they’re like we’re going to go make this MeddieBlock thing in the Gig and the 6 of us didn’t have real jobs, so we got together and created Hashed. And we didn’t want to put Hashed fund or Hashed capital or Hashed anything because this is not really in our DNA, but that ended up being a good thing. Yeah that’s history. Joyce Yang Where did the name Hashed come from? Alex Shin So everybody in Korea was copying PPK. It was a BK, PK, BBP, it is a Blockchain Kore

6 days ago

Altcoin Arbitrage Today: ZEC, BTG, TRX, XRP, Dash, EOS

Not a day goes by without healthy arbitrage opportunities popping up in the cryptocurrency and digital asset world. While most of the price differences may seem minimal, all of these small profits will eventually add up to some extra money. The following six opportunities all let users make easy money with very little effort involved. ZCash (Cex / Bittrex / Bitfinex) Over the past few days, it has become apparent there is some good money to be made from cryptocurrency arbitrage involving the Bitfinex exchange. In the case of ZCash, it is somewhat profitable to buy ZEC on Cex or Bittrex and flip the coins on Bitfinex. The average profit sits near the 1.35% mark, although Bittrex maintains the lowest ZEC price and yields the bigger profit potential. Bitcoin Gold (Koineks / Bitfinex) Even though Bitcoin Gold is not necessarily the most successful fork of Bitcoin to date, it is still a viable altcoin for arbitrage opportunities. Buying BTG on the Koineks platform and selling it on Bitfinex will result in a profit of 2.17%. Considering how Bitcoin Gold usually has low trading volume, timing one’s trades correctly will be crucial. Tron (Koineks / Bitfinex) It is shaping up to be a good day for flipping altcoins and tokens on the Bitfinex exchange, by the look of things. The platform also has a higher price for Tron compared to Koineks, which makes for a rather interesting opportunity to look into. With an expected profit of 1.53% per trade, there is some good money to be made by flipping one of the more popular altcoins on the market. Dash (Bittrex / Sistemkoin) As has been the case for some time now, there is at least one pair of privacy coins subjected to arbitrage opportunities every single day. Alongside ZCash, Dash is another option worth looking into right now. Its value on Bittrex is 1.57% lower compared to Sistmekoin, which makes for a rather straightforward trade. Another good money-making opportunity to keep a close eye on. EOS (Paribu / Bitfinex) For those altcoin traders who seemingly can’t get enough of making money through Bitfinex, it seems EOS is another altcoin worth bringing to this platform. One can easily source liquidity from Paribu, which also results in a bigger profit margin. Successfully completing this trade yields a profit of just over 2% per trade. EOS Hardly ever has liquidity problems, although Paribu is still a relatively small exchange first and foremost. XRP (Bitstamp / Bittrex / Bitfinex) The final arbitrage opportunity on this list involves selling XRP on the Bitfinex platform. Users can purchase XRP from Vebitcoin, Cex, Bittrex, Bitstamp, Paribu, BtcTurk, or Koineks and can expect an average profit of 2.7% per trade. Considering how popular Ripple’s native asset is, there is a lot of potential money to be made by exploiting these price gaps. Information provided by Arbing Tool 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 Altcoin Arbitrage Today: ZEC, BTG, TRX, XRP, Dash, EOS appeared first on NullTX.

6 days ago

100 DApps Already Active on Tron Network, 1000 Expected by End of 2019

Since Tron CEO, Justin Sun made the announcement on Twitter that the foundation was ready to provide funding to rescue, developers on Ethereum network from their failing platform; Tron has experienced good responses from developers. But this offer was not without a condition, Mr. Sun stated that the developers would migrate with their Dapps to Tron network. TRON will build a fund to rescue ETH and EOS developers from the collapse of their platform as long as those developers migrate their dapps to TRON. One month after the launch of Tron Virtual Machine, Tron had a record of twenty Dapps active on its platform, and the developers are having a better experience on Tron network because it is easier to use than the Ethereum network. Tron CEO announced that the network is expecting 80+ more. True to his words, more developers have joined the network and the numbers have increased to hundred Dapps active on Tron network as the time of writing. Tron foundation has also put in a lot of hard work trying to grow and develop their Dapps to ensure that developers have better experience operating on Tron network. Mr. Sun stated that Tron is ready to put in all it will take to explode the growth of Dapps on its platform. One of the Dapps on Tron, TronBet has been performing better than Ethereum’s IDEX. Tron started a Dapp weekly report to enable other developers to understand and build on Tron. The performance of Tron Dapps is a major force pushing up its daily transaction and users. It also boosts the price performance of its native token TRX. Some of the Dapps performing very well on the Tron platform are Tronbet, the proverbial gaming platform, TronDice, Odyssey, Peiwo, Cobo, Gifto, GSC and more. The post 100 DApps Already Active on Tron Network, 1000 Expected by End of 2019 appeared first on ZyCrypto.

7 days ago

Leading Crypto Markets Post Worst Year of Monthly Price Action on Record

When looking at monthly market performance, 2018 was the bloodiest year in the history of the cryptocurrency markets. Of the seven largest cryptocurrencies by market cap, only three were able to produce more than two green monthly candles during 2018. Also Read: Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced BTC and ETH Produce Most Red Monthly Candles in Calendar Year Ever In 2018, bitcoin core (BTC) saw the most red monthly candles in its history, posting three green and nine red monthly candles throughout the year. BTC gained 2% during the month of February, 33% April, and 21% July. The price of BTC fell by roughly 73% during 2018, opening the year trading for $13,900 and closing 2018 at roughly $3,700. BTC/USD - Bitstamp - 1M, 2018 Based on monthly performance, the second most-bloody year in BTC’s history was 2014, during which BTC posted four green and eight red monthly candles. In 2014, BTC fell by 56% from $730 to $320. BTC/USD - Bitstamp - 1M, 2014 ETH also posted its poorest annual performance during 2018 with three green and nine red monthly candles. The price of ETH gained 53% in January, nearly 75% in April, and 19% in December of last year. Overall, ETH shed nearly 82% of its value during 2018, falling from roughly $735 to start 2019 trading for $135. ETH/USD - Poloniex (Estimated by Tradingview) - 1M, 2018 XLM Posts Strongest Monthly Performance of Top Markets Stellar (XLM) was the strongest performing cryptocurrency of 2018 when counting green candles, posting four green and eight red candles during last year. XLM started 2018 with a gain of 53% in January, before gaining 103% in April, 44% during July, and 17% in September. XLM/USD - Bittrex (Estimated by Tradingview) - 1M, 2018 Despite performing better than many other crypto assets during 2018, XLM posted its worst performing year on record. XLM lost 67% during last year, opening 2018 at $0.35 and closing the year below $0.12. BCH, XRP, EOS, and LTC Post Just Two Green Monthly Candles During 2018 BCH posted green months during April and July of 2018, during which it gained 97% and less than 4% respectively. Overall, BCH shed roughly 94% of its value last year, trading for nearly $2,400 at the start of January and closing the year at roughly $150. BCH/USD - Kraken - 1M, 2018 XRP’s sole green months for the year were April and September, which saw monthly gains of 66% and 74%. XRP posted an annual loss of 82%, falling from nearly $1.97 to end 2018 trading for $0.36. XRP/USD - Bitfinex - 1M, 2018 EOS saw bullish action during January and April of last year, during which the market posted gains of 59% and 195% respectively. EOS dropped by 78% during 2018, sliding from $12.17 to close the year at $2.62. EOS/USD - Bitfinex - 1M, 2018 LTC Produces Second-Most Bearish Year on Record During 2018, LTC posted modest monthly price gains in February and April, with LTC increasing by 23% and 28%. Overall, LTC fell by 86% last year. LTC/USD - Coinbase - 1M, 2018 Despite the heavy losses, 2018 comprised LTC’s second most-bearish year on record. During 2014, LTC fell 88% from roughly $23.80 to $2.75, and only posted a single green monthly candle. LTC/USD - Bitfinex - 1M, 2014 Do you think the worst of the bear trend has already passed? Share your thoughts in the comments section below! Images courtesy of Shutterstock, Tradingview. At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more. The post Leading Crypto Markets Post Worst Year of Monthly Price Action on Record appeared first on Bitcoin News.

7 days ago

Distributed consensus: PoW vs PoS

Proof-of-work (PoW) and proof-of-stake (PoS) are the two main types of consensus algorithms used by most blockchain-based cryptocurrency platforms to verify transactions. Digital currency transactions are broadcasted on a blockchain network, which usually consists of a large number of computing machines and an immutable distributed ledger. Competing To Validate Blocks, Verify Transactions The distributed ledger is referred to as a blockchain, and it contains a permanent record of all transactions that have been successfully processed on a cryptocurrency network. In order to verify a transaction, the full-node operators of a cryptoasset platform have to come to a consensus regarding the authenticity of a transaction. Sets of transactions, or multiple transactions, are grouped into blocks and all the nodes participating in a cryptocurrency network compete for a chance to validate each block. Validating blocks is a competitive process because the network nodes that are selected to verify transactions are rewarded with transaction processing fees and/or newly minted digital currency. Full-node operators on most cryptocurrency networks have to expend their personal resources in an effort to potentially be chosen to validate a block. Block Validators: PoW Miners vs PoS Forgers In PoW-based networks, a block validator is called a miner because they use their computing resources (electricity and computer hardware machines) to solve complex mathematical puzzles. The first miner on a PoW-based cryptocurrency platform to solve these difficult math problems and validate a block of transactions is rewarded with newly created digital currency and transaction fees. In comparison, on a PoS-based cryptocurrency network, there is no mining process and block validators are called forgers. In order to have a chance at being selected to validate blocks on a PoS-based crypto platform, a forger must stake their coins/tokens, or digital currency. PoS: Forgers With Lowest Hash Values Given Preference The forgers who stake larger amounts may have a better chance at being selected to validate a block, however other factors are also taken into consideration when choosing block validators on a PoS-based crypto network. For instance, forgers who have the lowest hash values (used to record transactions on a blockchain) have a better chance of being selected to verify transactions. But this may not be one of the criteria used to choose a block validator on all PoS-based crypto platforms. Many PoS networks also select forgers based on the duration of time each user has staked their coins or tokens. Users who’ve staked for the longest time period may be given preference when selecting the most eligible block validator. Which Offers Better Security, Efficiency, & Is More Effective? So which consensus algorithm, PoW or PoS, is better at securing a cryptocurrency network? Also, which algorithm works more efficiently (in terms of resources) and effectively when it comes to ensuring network security and selecting the most eligible block validators? One of the most frequently cited advantages of a PoS-based system over a PoW network is that the former is more energy efficient. That’s because there is no energy-intensive mining activity involved in validating blocks on a PoS network. Proponents of PoS also argue that the economic incentives for forgers are more aligned with their commitment to the network’s native cryptocurrency. For example, in a PoW-based network, a miner may not initially own any of the coins they are mining, and may only be motivated to validate blocks so that they can earn as much digital currency as possible. In comparison, block validators in a PoS-based system have to actually support the cryptocurrency in which they are rewarded. In other words, forgers must have a stake in the network, which means they must actually own the digital currency they are verifying. Ethereum’s Planned Transition From PoW To PoS When comparing PoS and PoW, one of the primary differences between both consensus mechanisms is that in the former there are no block rewards. Most PoS-based crypto platforms create the total amount of digital currency in the beginning, and the maximum coin supply usually does not change. However, there are well over 1,000 cryptocurrencies and it’s possible there may be some versions of PoS that may issue more coins after their genesis block has been produced. As mentioned, there are no block rewards in PoS crypto networks, but the forgers are compensated (TX fees) for helping to verify transactions. As crypto enthusiasts know, Ethereum’s developers are planning to switch from PoW to a PoS-based network consensus protocol (for Ethereum). One of the main problems with PoW is that it consumes a fairly large amount of electricity. Bitcoin’s Energy Consumption Estimates According to Digiconomist’s Energy Consumption Index for Bitcoin, the world’s largest PoW-based network (index also reportedly includes electricity c

7 days ago

EOS Facing Problems Of Fairness and Operational Pressure Reports Chinese Media

According to a Chinese media outlet, EOS is suffering from issues such as fairness and operational pressure. Some of the top coins in crypto space have been under tremendous pressure of sticking to the roadmap and achieving results. Despite marvelous efforts by their development teams, some problems continue to persist for most projects and coins. EOS bearing the expectations of “blockchain 3.0” EOS has made some incredible progress in 2018 despite the market meltdown. The coin, itself, has suffered a massive erosion of market capital, but it stuck to its roadmap and continued to #BUIDL. In no time EOS moved out of Ethereum shadow and launched its own MainNet and went on to create EOS created an ecosystem for Dapp’s which was only second to Ethereum in terms of a number of Dapp’s. But all this came at a price which now stands as a wall of problems for EOS and according to a recent report released by the Chinese blockchain media, Odaily, the performance pressure has left EOS with problems like that of fairness and operational pressure. According to the report, the problems faced by EOS include (loosely translated from Chinese): EOS, based on the consensus mechanism of DPoS, solves the problem of inefficiency, but the fairness has been questioned because of the supernode election mechanism; Nodes have operational pressure. The first 21 supernodes are still in a profitable state, and top 49 nodes basically break even. But, from the 50th node, the income shows a step-down trend, and there is a situation that nodes cannot make ends meet; The status quo of rights allocation between ECAF (EOS Core Arbitration Forum) and BP (Block Producer) may be the only correct choice at this stage; RAM mechanism has defects and CPU resource consumption is too huge; The ecological structure is single, while the gambling DApps stand out; Dapp security issues need to be urgently addressed, especially which focus on EOS.WIN, EOSBet, EOSDice and other head projects. These Dapp’s are vulnerable to attacking techniques such as random number cracking, smart contract vulnerabilities and the use of controllable random number seeds. Although EOS has been innovative in both technology and governance architecture, the problems that existed have only hampered the development of the project in one way or the other. While these problems need a solution, the ecological outlook of EOS still remains bright which is very well put up by the founder of EOS gravitational field, Liao Yang Yang, “EOS’s idea is a multi-chain form, and when EOS achieves this form, its value will really come into play. After the implementation of EOS cross-chain, the future decentralized exchange is a big trend, and its high performance also lays a foundation for the exchange.” Will EOS be able to achieve the desired vision and tackle these problems? Do let us know your views on the same. The post EOS Facing Problems Of Fairness and Operational Pressure Reports Chinese Media appeared first on Coingape.

7 days ago

Is Tron [TRX] Entering a Long-Term Uptrend?

Tron Daily Chart - Source: Tradingview.com Tron is the top-performing major cryptocurrency today after increasing over 11% over the past 24 hours. Its outperformance has resulted in Tron moving up in the cryptocurrency rankings by market cap, surpassing Bitcoin Cash SV to take 9th position. Tron has also surpassed its 200 simple moving average (SMA). The 200 SMA is often used by analysts to identify the long-term trend direction. This is the first time Tron has moved above the 200 SMA since June of 2018. Many analysts may now consider Tron to be entering a possible longterm uptrend. However, first Tron needs to focus on staying above the daily 200 SMA. Tron 4-Hour Chart - Source: Tradingview.com Although the upward move is taking place on heavy volume, the price is now approaching a level of resistance at $0.28. This was an are of consolidation for price action during a bearish drop which took place in August before price continued its drop. For the moment, momentum remains to the upside with both the RSI and MACD increasing on both the 4-hour and the daily. Tron’s founder Justin Sun has already made it clear via various tweets that he is aiming for TRX to become a top 4 cryptocurrency this year, and at very least overtake Stellar XLM currently in 6th position. Trading above the 200-day SMA is certainly a key part of making that possible. We don't think @StellarLumens is our competitor at all since they have extremely low transaction volume, centralized&non-democratic system and 0 Dapps. #TRON will take their place within 2019 anyway. #TRX $TRX #XLM https://t.co/kPuTIwiI0r — Justin Sun (@justinsuntron) January 1, 2019 Key Takeaways: Tron is the top performer among major cryptocurrencies after increasing over 11% over the past 24 hours. This move has resulted in Tron taking the position of the ninth largest cryptocurrency by market cap. Tron has moved above the 200 SMA which many analysts use to identify the direction of the long-term trend. This indicates Tron may be entering an uptrend. Tron is meeting resistance at $0.28 but the momentum remains on the side of buyers with both the RSI and MACD increasing. Latest Tron News: TRON Weekly Report: TRON Is Aiming To Have More DApps Than EOS By the End of Jan Price Analysis: Bitcoin, Ethereum, XRP, Stellar, Litecoin, Cardano, EOS, IOTA, Tron, and Dogecoin 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. Is Tron [TRX] Entering a Long-Term Uptrend? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

7 days ago

Tron Price Analysis: TRX Surge, can it Flip Ethereum to Second?

Tron price is up 39.5 percent from last Tuesday Platform is attracting gamers thanks to Tron Arcade Transaction volumes are fair and trading within a bullish breakout pattern. No doubt, Tron (TRX) is one of the best performers in the last week. It is up 39.5 percent at the time of press and trading within a bullish breakout pattern after clearing 2.5 cents. At this rate, TRX may end up testing 4 cents by the end of January. Tron Price Analysis Overview There are no permanent positions in the top 10. A simple glance at coin trackers’ statistics and it is clear that coins are tussling as they climb up the liquidity table. A case in point is Tron-and days disparaging comments from Stellar’s Jed McCaleb, Justin Sun may be actualizing his realities of making TRX one of the most liquid coin. At spot rates, TRX is up 11.8 percent in the last day, and a massive 39.5 percent from last Tuesday meaning the coin is now trending at ninth. Of course, this is endorsing for traders reeling from 2018 damage. Fundamentals Buoying these are fundamental developments and a superior platform that platforms launched in legacy smart contract and dApp launching sites are finding irresistible. Aside from EtherGoo and BitGuild, Tron has ambitious plans of attracting developers who will instead roll out dApps surpassing those at EOS. EOS is in hot water after allegations arose that a major part of its blockchain governnance, led by Chinese crypto exchange Hubobi, may be involved in a corruption scheme. EOS’ parent company and Huobi issued public statements, and refrained from admitting or denying the charges. — John_Addington (@340mm) October 6, 2018 As we know EOS use the same dPoS consensus algorithm and Block Producers but with allegation—and evidence of bribing, corruption and centralization claims, Tron “purity” might, after all, be the last haven for developers seeking stability and support. I have submitted Proposal #13 to modify the energy limit to 100 billion, which will be effective on Sunday 20:00 PM(GMT+8), please vote for proposal #13. #TRON #TRX $TRX https://t.co/RtTvuRlTgg — Justin Sun (@justinsuntron) December 27, 2018 Then again there was approval of Justin Sun’s Proposal 13 which aims to reduce smart contract costs and energy limits from 20 Sun to 10 Sun. Candlestick Arrangement Price wise and TRX is bullish and trading within a bullish breakout pattern. As visible from the chart, not only are TRX prices above 2.5 cents confirming gains of mid-Nov 2018 but the breakout is at the back of above average volumes—26 million versus 13 million. Because of this, it is clear that TRX bulls are in charge and may reverse Nov 2018 losses. Everything else constant, both set of traders should buy TRX at spot prices—or wait for pullbacks in lower time frames- with first targets at 4 cents and stops at 2.1 cents. Technical Indicators Transaction volumes are above average, and while today’s breakout volumes—26 million- didn’t exceed those of Nov 20—65 million, it was double the current averages of 13 million. As a result, we expect TRX bulls to print higher in coming days. All Charts Courtesy of Trading View-BitFinex Disclaimer: Opinions are those of the author. Do your Research. The post Tron Price Analysis: TRX Surge, can it Flip Ethereum to Second? appeared first on NewsBTC.

7 days ago

Steem DApp Growth Exceeded EOS Last Month

Few blockchain platforms would even dream of a 4,600% increase in their number of dApps. But the decentralized sharing network Steem (STEEM) now has those bragging rights, for last month anyway. More than forty decentralized apps - dApps - went live on the Steem platform in December, up from only one that went online the month before. Data collected by the blockchain statistics site, State of the ÐApps, found 46 new dApps online last month. Social features formed the lion’s share, but there were also ten new media dApps as well as a handful of gambling games. Steem is a content platform that pays creators and curators in cryptocurrency. There are three different types of tokens: Steem Dollars (SBD), a USD-stablecoin, STEEM tokens and Steem Power. STEEM tokens, tradeable on exchanges, are rewarded to creators and curators. STEEM tokens were one of the big winners in the market today. Individual tokens are up by 6.2% in the past 24 hours, according to CryptoCompare. There has also been a significant increase in trading volume today, with more than $2.5M worth of STEEM tokens changing hands earlier this afternoon (GMT). 2019: The year of dApp development The good news isn’t just restricted to Steem. December was a record high for the number of dApps live on blockchain platforms featured on State of the ÐApps. In total, 179 new decentralized applications went online in December, up from the 141 in November. Ethereum (ETH) saw the biggest increase with 105 new dApps added to its network; 40 were online gambling features. Via State of the dApps Industry figures suggest this is a promising sign cryptocurrency is moving away from price speculation and towards concerted efforts to develop practical use-cases. Vladislav Dramaliev, Head of Digital Marketing at æternity, believes it also indicates that the community is alive and well. “The current proliferation of decentralized apps is proof that this community movement is alive and well,” Dramaliev wrote in an email to Crypto Briefing. “This movement has seen users abandon the trading desks in favor of coding terminals, as they seek to influence the direction of blockchain projects...2019 is expected to be the year of the commercially successful decentralized app, and with the number that are being developed every day, this is looking more and more likely.” Echoing similar sentiments, Robert Vigilione, the President and co-founder of Horizen, said the increase in dApp development activity meant cryptocurrency was maturing. He said: “We have the basics maturing to a point that we can now have more viable services, and hence, we saw exactly such a proliferation at the end of 2018. Expect 2019 to be a year of continued dApp development as they take advantage of improving infrastructure and a rapidly-growing marketplace.” Steem dApp growth beat EOS EOS saw 26 dApps added to its platform, a little better than it did in both November and October and down from its all-time high of the 56 that went online in September. There were 20 fewer dApps added to EOS than Steem in December. However, EOS handily beat Steem and every other platform in the number of users. EOS dApps have over 45,000 users per day, more than double the number of the next runner up, Ethereum, with 17,000. A decentralized restaurant review and a travel blogging and advice platform, as well as a polling application, were among some of the new dApps added to Steem. A decentralized adult content website, Dporn, went live at the weekend, in the first week of the new year. Steem has had its problems. Its flagship feature, the online blog site Steemit, faced criticism last year for becoming a hub for ICO hypers and scammers. Poor user experience led to a drop in active users and a corresponding decline in the value of Steem tokens. Steem’s new year’s resolution could be to diversify. Rather than depending too much on one ‘killer dApp,’ the platform can have its basis covered with an aggressive application expansion. Whether it will continue to outpace EOS remains uncertain. But on another note: Dan Larimer was formerly CTO and ‘visionary’ for Steemit before jumping ship to EOS’ lead developer, Block.One, in April 2017. Did he back the right horse? The author is invested in digital assets, including ETH which is mentioned in this article. Join the conversation on Telegram and Twitter! The post Steem DApp Growth Exceeded EOS Last Month appeared first on Crypto Briefing.

7 days ago

Gold Backed Crypto Exchange Offers Safe Haven for Crypto Investors

GOLD.IO Seeks to Develop Decentralised & Self-Regulating Community Exchange Turbulence in the global markets is nothing new but the cryptocurrency community has faced an unprecedented 18-month period of flux. The need for a fully decentralized, stable, self-regulated and community-led exchange that can offer investor confidence amidst a chaotic global economy has never been stronger. Setting the Gold Standard with Crypto’s Founding Principles. With a scalable inter-blockchain and decentralized exchange the GOLD.IO platform is not only self-regulated and led by its stakeholders, but asset linked - offering exchange investors unrivaled portfolio security. Gold has always set the market standard and has benchmarked traditional finance for centuries, so why should the cryptocurrency market be any different? As a commodity, it has weathered many a financial storm and continues to do so today. Aside from a little price volatility, it has consistently retained its market value, and with an unstable geopolitical, crypto-economic outlook the precious metal can provide a safe port for crypto assets. In short, a gold-linked and backed exchange offers not only security of your assets but a piece of mind - the world has been through tougher times than we face today, but gold has always survived the course. GOLD.IO - Providing a Defensive Asset Protection to your Investments. With a team of over 30 experienced developers, GOLD.IO has simply put a sister chain of the EOS Project which has the mission of creating a Decentralised Exchange (DEX) of smooth inter-block communications that not only eliminates persistent market influences but has the unique benefit of being backed by a commodity asset class. Combining the proven power of gold as well as a growing community that is not only self-regulated but also stakeholder-led - GOLD.IO is also seeking to develop a fully-fledged Decentralised Autonomous Community (DAC) based on the founding principles of the blockchain. The DAC will serve as regulatory oversight of the exchange with all stakeholders enjoying full voting rights, a say over project development and more importantly the ability to define their profits. Gold Backed Tokenomics Offers Trading Efficiency & High Liquidity. With global stock volatility at best and a downward trajectory at worse - according to Goldman Sachs the markets are gripped with a fear of what may come in the coming year, a gold-linked exchange, with inherently high liquidity can part-mitigate investor risk. With no independent or fair exchange yet to provide what GOLD.IO can, the benefits of the platform as a market leader are clear but the real magic comes with the EOISO blockchain system itself - it eliminates third-party manipulation and offers a unique architecture to ensure users remain the custodian of their gold. Join The Power of GOLD! Join the Gold Renaissance Today! For all media and industry queries, please contact us via our website or chat to us today - we are keen to hear from you! To find out more about us please visit our website - as leaders in the decentralized exchange space we want to work with you! The post Gold Backed Crypto Exchange Offers Safe Haven for Crypto Investors appeared first on ZyCrypto.

7 days ago

Is Litecoin [LTC] Leading the Market Again?

Litecoin Daily Chart - Source: Tradingview.com Litecoin led the market on Sunday when it increased over 10% against the USD with other major cryptocurrencies following suit later that day. The same may be taking place today as Litecoin continues its surge despite other major cryptocurrencies not following. The initial surge took place after an inverse head and shoulders formed on the daily chart. Litecoin broke through resistance at the neckline of the inverse head and shoulders and also managed to overcome the 50 EMA which had long acted as a resistance point. Yesterday’s price action showed some consolidation before the surge continued today. Price action is now approaching $41.50 where resistance is expected to come into play. Between $41.50 and $44 was an area of liquidity during mid-November’s bearish drop where price consolidated before continuing to drop to the downside. Litecoin 4-Hour Chart - Source: Tradingview.com The 4-hour shows price action starting to reverse after approaching the $41.50 level. There is still a strong possibility that price will continue to increase and enter the $41.50 to $44 territory. Even if the price does not continue to increase, it is already after appreciating around 7% over the past 24 hours and may catalyze other major cryptocurrencies to rise later today. Key Takeaways: Litecoin continues to surge after a brief consolidation yesterday. The surge from Litecoin on Sunday resulted in a surge in other major cryptocurrencies. Litecoin could be leading the market once again today. Resistance is currently being met at $41.50. $41.50 to $44 is highly likely to be an area of seller liquidity. Latest Litecoin News: Litecoin Leads the Market After Inverse Head & Shoulders Breakout Price Analysis: Bitcoin, Ethereum, XRP, Stellar, Litecoin, Cardano, EOS, IOTA, Tron, and Dogecoin 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. Is Litecoin [LTC] Leading the Market Again? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

7 days ago

Volentix

Volentix airdrop is worth 20 VTX tokens (~$ 6.6). Share your referral to earn 10 VTX tokens (~$ 3.3) for every referral. About Volentix Volentix introduces VDex, designed as a distributed, decentralized digital assets exchange with emphasis on user experience and community development and governance. By accessing established technologies and planning selective new protocols with priority on security, speed, authentication, ease of use, scalability, and multi-asset support, VDex intends to facilitate peer-to-peer transactions by assembling a portfolio of decentralized applications built on EOS.IO smart contracts. Volentix is rated 4.4/5 on ICO Bench. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram. How to join Volentix Airdrop? Go to the Volentix Airdrop bot. Pass the human verification. Join Volentix on Telegram. Follow Volentix on Twitter. (optional) Download the Verto Wallet, available for Mac and Windows. Follow the instructions and create a wallet. Go back to the Verto Wallet page. Scroll down and submit your Verto Wallet name. Submit your details to the Volentix Airdrop bot. For your EOS wallet address, go to the Verto Wallet and click on the QR code image at the top right. Share your referral link to earn additional 10 VTX tokens for every referral. If you use the ''CLAIM AIRDROP'' button below to claim the Volentix airdrop, it will automatically show on the main page with a purple check mark. So you can easily track which airdrops you joined and which ones you need to join.

7 days ago

Altcoin Arbitrage Today: XRP, EOS, XLM, LTC, Dash, XMR

Every day is a new opportunity to make good money in the cryptocurrency industry. Although most people might not feel comfortable with buying and holding currencies, arbitrage trading them involves a bit less risk. It is also subject to a lot of healthy profits at any given time, depending on which currency one flips on specific exchanges. Today offers some good opportunities to make quick money as well. Monero (Bittrex / Bitfinex) Slowly but surely, it becomes more apparent virtually no one is taking advantage of the Monero price gap present between Bittrex and Bitfinex. Every single day, this same opportunity pops up with nearly identical profits waiting to be taken. Buying XMR on Bittrex and selling it on Bitfinex wills till yield a near 3% profit for virtually no effort involved. It is one of the easiest ways to make with cryptocurrency at this time, even though Monero doesn’t always generate a lot of liquidity either. Dash (Koineks / Cex / Sistemkoin) As has become somewhat of the new normal in the cryptocurrency arbitrage world, privacy-oriented altcoins usually have exploitable price gaps between exchanges on the same day. In today’s edition, Dash makes a surprising return in the arbitrage list. Its price on Cex, Koineks, and Bittrex is lower compared to Sistemkoin. Potential profits range anywhere from 0.84% all the way up to 2.89%. EOS (Paribu / Bitfinex) Being able to flip cryptocurrencies on bigger exchanges for a profit is always a favorable option. For users who are interested in exploring the EOS price gap between Paribu and Bitfinex, there is some good money to be made in the coming hours. This price gap can yield an average profit of 1.6% per trade, which is a more than respectable figure at this time. XLM (Paribu / Binance / EXMO) A few interesting XLM-related arbitrage opportunities have become apparent in the past few hours. More specifically, there is a lower price on Paribu compared to Cex, resulting in a potential 0.78% profit. There is also a lower price on Binance and KuCoin compared to EXMO, which can yield a 1.05% profit in the process. All of these options offer an appealing option, especially when considering how most markets remain bearish. Litecoin (Koineks / VeBitcoin / Bitfinex) Selling Litecoin on Bitfinex appears to be more lucrative compared to most other exchanges as of right now. The LTC price on Bitfinex is much higher compared to Koineks, Vebitcoin, Bittrex, Bitstamp, Paribu, Koinim, or BtcTurk. Users can expect an average profit of nearly 1.9%. This is a pretty interesting opportunity to take advantage of, as Litecoin has recently shown some very bullish signs. As such, the demand is potentially higher compared to other days. XRP (Binance / OKEx / EXMO) When trying to flip XRP for a profit, there are plenty of options to choose from as of today. Prices on both EXMO and Bitfinex are significantly higher compared to Binance, KuCoin, HitBTC, OKEx, Cex, Bittrex, Bitstamp, Paribu, and BtcTurk. As such, sourcing liquidity from any of the latter exchanges should yield a profit when selling on either Bitfinex or EXMO. The current average profit is roughly 1.7%, although that figure is bound to fluctuate throughout the day. Information provided by Arbing Tool 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 The post Altcoin Arbitrage Today: XRP, EOS, XLM, LTC, Dash, XMR appeared first on NullTX.

7 days ago

Bitcoin Cash [BCH] falls by 4%; Ethereum [ETH] and EOS down by over 3%

The cryptocurrency market has been going through some constant ups and downs, but as of December 8, the market appears to be bitten by the bear. The bleeding market has only one winner in Tron [TRX], whereas the biggest losers in the market, at the time of press are, Bitcoin Cash [BCH], Ethereum [ETH] and EOS. Source: CoinMarketCap Bitcoin Cash [BCH], at the time of press, was valued at $158.84, with a market cap of $2.7 billion. The fourth-largest coin started falling early on December 8, and fell by 4.99% in 24 hours. The coin faced an overall plunge of 0.57% over the past week and is seen falling by 0.09% in the past hour. The coin registered a maximum trade volume of $29 million on LBank exchange with the BCC/BTC pair. LBank also acquired the second position with a trading volume of $18 million with the BCC/USDT pair. LBank was followed by Huobi, with a volume of $12 million with the BCH/USDT pair. Source: CoinMarketCap According to ETH’s one-day chart, the coin was valued at $149.52, with a market cap of $15.5 billion. The second-largest coin which was enjoying growth for weeks now, has started to plunge. The coin’s 24-hour trade volume was registered to be $2 billion. The coin had fallen by 4.39% in a day, however, the overall growth of the coin was noted to be 11.07%. The coin is recovering as a steady growth of 0.17% was observed at the time of press. ETH registered a maximum trading volume of $96.5 million on Bibox exchange with the EOS/ETH pair. Bibox was followed by OKEx, which registered a volume of $87 million with the ETH/USDT pair. The third place was taken by Binance, which registered a volume of $66 million with ETH/USDT pair. Source: CoinMarketCap EOS, the fifth-largest coin on the CoinMarkeCap top-10 list fell by 2.93% over the past 24 hours. The coin was valued at $2.75 with a market cap of $2 billion. The 24-hour trade volume of the coin was $663 million and has made a recovery of 0.13% over the past hour. The coin marked an overall growth of 6.80% over the past week. The coin was highly traded on Bibox with a trading volume of $96 million with the EOS/ETH pair. The second place was taken by OKEx which traded $66 million with the EOS/USDT pair. ZB.COM reported a trading volume of $46 million with the EOS/BTC pair. The post Bitcoin Cash [BCH] falls by 4%; Ethereum [ETH] and EOS down by over 3% appeared first on AMBCrypto.

7 days ago

Tron [TRX] weekly report: New projects in the pipeline as token aspires to outperform Ethereum [ETH] by end of 2019

The first week of 2019 has been a remarkable one for Tron with various events and partnerships taking place. Justin Sun, the CEO and founder of Tron, recently tweeted the weekly report of the firm. According to the report, the firm has completed the hard fork logic optimization and development of event subscription function. Currently, the team is working on the multi-signature wallet and smart contracts. Proposal number 13, which was submitted by Justin Sun, has also been approved. The proposal was submitted by the founder in order to increase the amount of energy on the network. This approval will lead to a massive expansion of the Tron network with reduced transaction costs. The report also mentioned that Tron is striving to take over EOS in terms of the number of DApps being launched. Apart from this, Tron is also aiming to outperform Ethereum in terms of network ecosystem. Another proposal submitted by one of the super representatives named TRON-ONE has also been approved. This proposal is expected to improve the scalability of the ecosystem. Users can now create and name their own tokens with the existing token names. Further, the TRC 10 and TRC 20 smart contracts will be connected once the token name duplication is approved. Therefore, all Dapps will be able to use TRC10 tokens for circulation. BitTorrent Inc, which was acquired by Tron in the year 2018, announced the release of a new token named BTT which is TRC10 compatible. The firm also mentioned that the token will be available on Binance Launchpad for non-US customers. According to the report, a decentralized exchange called TRXMarket exceeded the daily transaction volume by 200 million TRX. Also, TRX has been listed on a global cryptocurrency trading platform named COINBIG. At the time of writing, Tron [TRX] is trading at $0.023 with a market cap of $1.5 billion. Earlier today, the cryptocurrency had outperformed Bitcoin SV to take the 9th position by market cap. The cryptocurrency has shown a massive surge of over 25% in the past week. According to CoinMarketCap, the highest trading volume for Tron is seen on Bit-Z for TRX/BTC trading pair. The post Tron [TRX] weekly report: New projects in the pipeline as token aspires to outperform Ethereum [ETH] by end of 2019 appeared first on AMBCrypto.

7 days ago

The Number of dApps on EOS and Ethereum are Growing but Usage Remains an Issue

Data from decentralized application monitoring website, StateofTheDApps.com shows that December 2018 saw an all-time high of 179 DApps launch. 105 DApps launched on Ethereum’s network and the protocol continues to have the most active developer community. In spite of these impressive statistics, only 141,300 users are using the DApps built on Ethereum's network. EOS, on the other hand, has fewer projects but over three times the number of users when compared to DApps on Ethereum blockchain. Gaming DApps constituted the largest category of DApps across all platforms and storage-based DApps like StorJ, Everipedia, and X Cloud were the most popular with 106,420 users. While these numbers are encouraging, the lack of plug and play options for DApps and the necessity to purchase digital currency from an exchange continue to function as barriers to wider DApp development and use. (RS)

7 days ago

Analyst: 2019 Will be the Year of 2nd Layer Ethereum Scaling

According to an Ethereum (ETH) network and community analyst, this year’s major trend for the decentralised smart contract platform will be layer two scaling technologies. Proposed upgrades to the network include Plasma and the Raiden Network, amongst others. It seems that the Ethereum Foundation are aware of the pressing need to scale the network using second layer techniques too. To aid the development of such upgrades, it has granted one of the most active groups of Ethereum developers, Parity Technologies, with $5 million. It’s No Secret That Ethereum Needs to Scale Fast Eric Conner, the host of the “Into the Ether” podcast and founder of Ethereum information portal, EthHub.io, Tweeted a prediction for ETH’s 2019 yesterday: 2019 is going to be the year of layer 2 scaling for Ethereum. — Eric Conner (@econoar) January 6, 2019 Even more so than the Bitcoin network, the number two cryptocurrency by market capitalisation is in dire need of a workable scaling solution. This was highlighted perfectly in 2017 when the decentralised collectable game CryptoKitties received a sudden influx of users, causing the underlying network to almost grind to a halt. The goal for the Ethereum network has always been to host decentralised applications that would have the potential to revolutionise just about every industry you can think of. However, its efficacy in doing so is severely limited by the fact that the network cannot even take a few thousand people trading images of digital cats on it. Clearly, the Ethereum Foundation is well-aware of the need to scale the blockchain sooner rather than later. The few people willing to experiment with decentralised applications at present are migrating over to rival smart contract platform EOS at a startling rate. This shift to a more advanced platform will likely continue too, unless adequate solutions are created fast. In an effort to push those working on scaling techniques harder, the Ethereum Foundation has just awarded a research grant. According to a blog post by the group, Parity Technologies will receive $5 million to aid their continued experimentation towards scaling and other upgrades to the network. The post outlined why Parity Technologies had been chosen to be the recipient of the “scalability, usability and security grant”: “For several years, Parity Technologies has been an invaluable member of the Ethereum ecosystem for their leadership in core development efforts, their Parity Ethereum client and more... By all metrics, Parity is a major technical contributor to the Ethereum project, and they’ve notably done so as a self-financed and open-sourced effort since their founding.” The Ethereum Foundation went on to list the areas of research it is hoping will be benefited from by the injection of cash. These include: developing Casper, sharding, light clients, developer tools, audits, and infrastructure improvements. There are big upgrades already planned for 2019 for Ethereum. These include the much-anticipated Constantinople hard fork scheduled later this month. Related Reading: Parity Hack and the Impact on the Ethereum Blockchain Featured Image from Shutterstock. The post Analyst: 2019 Will be the Year of 2nd Layer Ethereum Scaling appeared first on NewsBTC.

7 days ago

As MainNet Launch Approaches, IOST Market Cap Increases by 30 Percent

As the MainNet launch for the IOST project approaches, its price chart shows that positive developments and major launches still has the power to move the price in the beleaguered crypto market. Following a double-digit gain in price earlier in the day, the IOST price has seen a 30% gain over the last week with plenty of room to grow. IOST is a blockchain infrastructure project seeking to solve the issues of scalability and security and is a competitor to projects such as EOS and TRON. IOST is currently trading at $0.006487, an increase of 3.7% on the 24-hour chart. (JF)

7 days ago

Price Analysis: Bitcoin, Ethereum, XRP, Stellar, Litecoin, Cardano, EOS, IOTA, Tron, and Dogecoin

Bitcoin [BTC] Price Analysis: Bitcoin / USD Daily Chart A look at the Daily chart for Bitcoin shows that price is currently trading at the $4100 level. Price is trying to make a reverse head and shoulders pattern with a neckline at $4440, coinciding with the 0.382 fib level of the entire drop from $6400. Furthermore, this pattern has similarities with the previous reverse head and shoulders that occurred in June-August 2018. If price repeats the same movement, we should have a price increase of up to $5200 (the 0.618 fib level) before a reversal occurs. A look at the indicators shows that there was a significant bullish divergence in the RSI before the original move up to $4400, before the formation of the right shoulder. Furthermore, the Chaikin Oscillator is trying to move past 0, a positive sign. The MACD has just turned positive, but it is losing steam. In regards to the moving averages, the price has moved past the 7 and 21 period MAs, which have made a bullish cross. Price is facing resistance from the Ichimoku cloud and the 50/200 period MAs. Even though my outlook for the market is still bearish overall, I believe that this recent upward move has not yet ended, and we should test the $4800-5200 area soon. Ethereum [ETH] Price Analysis: Ethereum / USD Daily Chart A look at the Daily chart for Ethereum shows that price is trading at the $150 level. We can see that there was a significant bullish divergence in the RSI and the MACD during the lows of December, after which a reversal of almost 100% from 80 to 160 occurred. Price has started to develop bearish divergence in both the RSI and the MACD; however, the amount is quite small compared to the one that preceded the increase in price. As for the moving averages, the price has moved past the 7 and 21 period MAs, which in turn have made a bullish cross. Furthermore, the price is at a critical point trying to break out of the cloud and facing resistance from the 50-period MA. The next area of resistance is in the $170-190 area and the one after at the $250 area, coinciding with the 200-period MA. The closest support area is at the $120 level, followed by the recent bottom at $80. XRP Price Analysis: XRP / USD Daily Chart A look at the Daily chart shows that XRP is moving within a symmetrical triangle and trading at the $0.37 level. The RSI is close to 50, indicating neither overbought nor oversold conditions. The Chaikin Oscillator is close to moving past 0, a positive sign. The MACD is stuck between doing a bullish/bearish cross, with almost 0 volume. As for the moving averages, the 7 and 21 MAs are undecided on whether to make or reject a bullish cross and price is facing resistance from the Ichimoku Cloud and the 200 period MA. While XRP had an increase of close to 200% in October, it seems that the market is tepid at this point, and I would expect it to move within the confines of the symmetrical triangle in January at least. Stellar Lumens [XLM] Price Analysis: Stellar [XLM] / USD Daily ChartA look at the Daily chart for Stellar shows that price is currently trading at the $0.12 level, which is within the $11-13 area of support. The RSI is at 50, indicating neither overbought nor oversold conditions in the market. The MACD is slowly moving up but is not positive yet. As for the moving averages, the price has moved past the 7-period moving average, which is trying to make a bullish cross. However, the price is facing resistance from the 21,50 and 200 period moving averages and the Ichimoku cloud. The next significant area of resistance is at $0.18 which coincides with the edge of the Ichimoku cloud. The market has not shown its hand yet, and it is not clear whether the bulls or bears are in power. However, price does not face any significant resistance until the $0.18 level. Litecoin [LTC] Price Analysis: Litecoin / USD Daily Chart A look at the Daily Chart for Litecoin shows that price is currently trading at the $38 level. Price seems to be moving in an ascending wedge (bearish pattern) and trying to break out of the Ichimoku cloud. The next significant area of resistance is at the $50 level, coinciding with the end of the wedge pattern in late January. The beginning of the wedge coincided with a long period of significant bullish divergence in the RSI, preceding the whole upward move. Right now the MACD is developing bearish divergence, but at a small amount relative to the preceding bullish divergence in the RSI. As for the moving averages, the price has moved past the 7 and 21 period MAs which are making a bullish cross. However, the price is facing resistance from the 50-period MA and the edge of the cloud. In my opinion, price continues to move within the confines of the ascending wedge, before ultimately breaking down and testing the $30 level of support again. Cardano [ADA] Price Analysis: Cardano [ADA] / USD Daily ChartA look at the Daily chart for ADA shows that price is currently trading at the $0.48 level and within the confines of th

7 days ago

Price Analysis: Bitcoin [BTC], Ethereum [ETH], XRP, Stellar [XLM], Litecoin [LTC], Cardano [ADA], EOS, IOTA, Tron [TRX], and Dogecoin [DOGE]

Bitcoin [BTC] Price Analysis: Bitcoin / USD Daily Chart A look at the Daily chart for Bitcoin shows that price is currently trading at the $4100 level. Price is trying to make a reverse head and shoulders pattern with a neckline at $4440, coinciding with the 0.382 fib level of the entire drop from $6400. Furthermore, this pattern has similarities with the previous reverse head and shoulders that occurred in June-August 2018. If price repeats the same movement, we should have a price increase of up to $5200 (the 0.618 fib level) before a reversal occurs. A look at the indicators shows that there was a significant bullish divergence in the RSI before the original move up to $4400, before the formation of the right shoulder. Furthermore, the Chaikin Oscillator is trying to move past 0, a positive sign. The MACD has just turned positive, but it is losing steam. In regards to the moving averages, the price has moved past the 7 and 21 period MAs, which have made a bullish cross. Price is facing resistance from the Ichimoku cloud and the 50/200 period MAs. Even though my outlook for the market is still bearish overall, I believe that this recent upward move has not yet ended, and we should test the $4800-5200 area soon. Ethereum [ETH] Price Analysis: Ethereum / USD Daily Chart A look at the Daily chart for Ethereum shows that price is trading at the $150 level. We can see that there was a significant bullish divergence in the RSI and the MACD during the lows of December, after which a reversal of almost 100% from 80 to 160 occurred. Price has started to develop bearish divergence in both the RSI and the MACD; however, the amount is quite small compared to the one that preceded the increase in price. As for the moving averages, the price has moved past the 7 and 21 period MAs, which in turn have made a bullish cross. Furthermore, the price is at a critical point trying to break out of the cloud and facing resistance from the 50-period MA. The next area of resistance is in the $170-190 area and the one after at the $250 area, coinciding with the 200-period MA. The closest support area is at the $120 level, followed by the recent bottom at $80. XRP Price Analysis: XRP / USD Daily Chart A look at the Daily chart shows that XRP is moving within a symmetrical triangle and trading at the $0.37 level. The RSI is close to 50, indicating neither overbought nor oversold conditions. The Chaikin Oscillator is close to moving past 0, a positive sign. The MACD is stuck between doing a bullish/bearish cross, with almost 0 volume. As for the moving averages, the 7 and 21 MAs are undecided on whether to make or reject a bullish cross and price is facing resistance from the Ichimoku Cloud and the 200 period MA. While XRP had an increase of close to 200% in October, it seems that the market is tepid at this point, and I would expect it to move within the confines of the symmetrical triangle in January at least. Stellar Lumens [XLM] Price Analysis: Stellar [XLM] / USD Daily ChartA look at the Daily chart for Stellar shows that price is currently trading at the $0.12 level, which is within the $11-13 area of support. The RSI is at 50, indicating neither overbought nor oversold conditions in the market. The MACD is slowly moving up but is not positive yet. As for the moving averages, the price has moved past the 7-period moving average, which is trying to make a bullish cross. However, the price is facing resistance from the 21,50 and 200 period moving averages and the Ichimoku cloud. The next significant area of resistance is at $0.18 which coincides with the edge of the Ichimoku cloud. The market has not shown its hand yet, and it is not clear whether the bulls or bears are in power. However, price does not face any significant resistance until the $0.18 level. Litecoin [LTC] Price Analysis: Litecoin / USD Daily Chart A look at the Daily Chart for Litecoin shows that price is currently trading at the $38 level. Price seems to be moving in an ascending wedge (bearish pattern) and trying to break out of the Ichimoku cloud. The next significant area of resistance is at the $50 level, coinciding with the end of the wedge pattern in late January. The beginning of the wedge coincided with a long period of significant bullish divergence in the RSI, preceding the whole upward move. Right now the MACD is developing bearish divergence, but at a small amount relative to the preceding bullish divergence in the RSI. As for the moving averages, the price has moved past the 7 and 21 period MAs which are making a bullish cross. However, the price is facing resistance from the 50-period MA and the edge of the cloud. In my opinion, price continues to move within the confines of the ascending wedge, before ultimately breaking down and testing the $30 level of support again. Cardano [ADA] Price Analysis: Cardano [ADA] / USD Daily ChartA look at the Daily chart for ADA shows that price is currently trading at the $0.48 level and within the confines of th

8 days ago


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