Ethereum ETH

$117.87
Market Cap $ 12.318 Bn (#3)
24h Volume $ 2.385 Bn
Chg. 24h: -1.12%
Algo. score 4.0/5  (#40)
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Ethereum News

MIT Professor Thinks Blockchain Can Lead to Borderless Economy

Blockchain, Cryptocurrency-Silvio Micali, the Ford Professor of Engineering at Massachusetts Institute of Technology, claims that development of blockchain on a global scale could lead to the creation of a truly borderless economy. Speaking to Bloomberg’s Daybreak Asia on Jan. 21, the MIT professor explained that blockchain requires three simultaneously functioning systems in order to pave the way for a more inclusive, global economy. While others have focused on the technological advantage of blockchain and cryptocurrency, particularly in the industry of fintech and banking, Micali finds the true innovation to be in the level of security it offers not previously available in decentralized systems. The three aforementioned functions as prelude to an inclusive economy involve security, decentralization and scalability. While Micali believes that cryptocurrency and blockchain have the potential of fulfilling all three functions simultaneously, the technology has thus far only been able to incorporate two at a time. Scalability, in particular, was singled out as a feature that needed improvement before the technology can be more viable to challenge current established practices. While January 2018 saw the end of what will be remembered as an epic bull run for the crypto markets, usability for top coins like Bitcoin and Ethereum came to a screeching halt. Despite continuing to function by virtue of its underlying blockchain in a secure and decentralized manner, the number one coin by market capitalization BTC suffered from increasingly untenable transaction fees and prolonged confirmation times. Innovations such as the implementation of lightning network seek to improve Bitcoin’s previous network problems, but scalability has increasingly been highlighted as a hurdle for the currency to overcome. Micali lauded blockchain and decentralized cryptos for improved security measures over their centralized counterparts, criticizing the latter for being more vulnerable to hacks and the increasing occurrences of privacy breaches. Instead, blockchain affords users an added level of assurance in their transactions, stating “Only a true decentralized system, where the power is really so spread that is going to be essentially practically impossible to attack them all and when you don’t need to trust this or that particular node, is going to bring actually the security we really need and deserve.” While the MIT professor did not give a timetable for when blockchain will have the potential to bring about a truly global economy, a movement towards more secure, decentralized systems should have the end result of reducing the pressure placed on borders of commerce. Instead, with the increased trust offered through blockchain in addition to the absence of a centralized power, blockchain based economies will be more inclusive to parties across the globe, rather than creating hotbeds of finance and banking that have characterized the current landscape. However, scale becomes an increasingly important issue with the reliance on blockchain. Cryptocurrencies, with their underlying technology based around decentralized networks, have to overcome the most pressing hurdle of scaling to mass adoption. But with Facebook, IBM and other major companies opening blockchain divisions, it could be a short wait before Micali’s “borderless” economy becomes a reality. The post MIT Professor Thinks Blockchain Can Lead to Borderless Economy appeared first on Ethereum World News.

26 minutes ago

Binance Chief CZ: Bitcoin (BTC) Is Oversold, Crypto Still Growing

Bitcoin (BTC) Is Oversold The most-anticipated crypto-centric event of early-2018, the Binance Blockchain Week in Bitcoin capital Singapore, has arrived, and this nascent community is buzzing. As the event is a Binance-led initiative, the upstart’s C-suiters and foremost executives have made appearances at the conference, coupled with the subsequent hackathon. While talks from Wei Zhou, Binance’s chief financial officer, and his peers were appreciated, Changpeng “CZ” Zhao himself sat down on the conference stage to give a keynote. And as normal, Zhao, one of the crypto sector’s golden children, did his best to prove why this industry is still popping, so to speak. According to an exclusive from Micky, an up-and-coming crypto media outlet, Zhao, formerly an executive at OkEX and Blockchain.com, reminisced about 2017’s monumental rally, coupled with the subsequent collapse. Echoing sentiment touted by his fellow industry executives, the Binance chief executive noted that late-2017 saw the Bitcoin (BTC) market “overshoot” itself, with asset valuations quickly becoming well-overextended. He quipped that much of the bull sentiment could be chalked up to the abundance of hype, touching on the FOMO that consumers experienced, along with the mass of questionable projects. Murad Mahmudov, a Princeton graduate with ambitions to launch a crypto-focused hedge fund, recently touched on this subject matter. Speaking with Tone Vays, a former institutional investor turned Bitcoin diehard, Mahmudov took Zhao’s comments one step further, noting that a majority of altcoins, including Ethereum, EOS, XRP, were overvalued in 2017’s parabolic surge. Mahmudov’s remarks aside, Zhao purportedly went on to say that cryptocurrencies are currently dramatically oversold, and could be in for an eventual recovery. Speaking in a keynote, the industry insider explained that the current bear market has been “overshot,” indicating that he believes assets have fallen too far from their peaks. Backing his claim, CZ, a former Bloomberg employee, noted that there’s more talent in this industry than ever before, adding that the growing number of bonafide conferences and blockchain events is comforting. Likely referring the array of truly innovative blockchain projects coming to life, along with forays from Wall Street and household names, Zhao then added that “the builders are building, [so] we are seeing a lot more development in this space.” And with all that in mind, Zhao came to the conclusion: So I actually think that we’re probably overshooting on the lower side, but again I could be wrong, this is mass technology. However, many aren’t in agreement with Zhao’s statement on the broader market. Per previous reports from Ethereum World News, Mahmudov recently stated that if history rhymes, BTC could fall to as low as $1,700 before another jaw-dropping run. “I Can Go Weeks Without Looking At Crypto Prices” While the Binance head had remarks about the value of cryptocurrencies, he went on to stress that his sole focus isn’t on markets, but rather, this industry’s underlying fabric. He claimed that he’s “very comfortable” with not checking Coin Market Cap or similar sites, even adding that he has and may continue to “go on for weeks without looking at the [Bitcoin] price.” Zhao attributed his disconnected attitude towards wherewithals to Binance’s “focus on building,” and visions that this sector will swell over time. Title Image Courtesy of Marco Verch Via Flickr The post Binance Chief CZ: Bitcoin (BTC) Is Oversold, Crypto Still Growing appeared first on Ethereum World News.

an hour ago

Vitalik Buterin Named Among the Speakers at Stanford Blockchain Conference 2019

The Stanford Blockchain Conference 2019 is scheduled to unfold Jan. 30 - Feb. 1 at Stanford University. The themes of this year’s conference include Grin, which is an implementation of the Mimblewimble protocol for privacy and scalability, Plasma construction with a speaker from Loom Network, decentralized exchanges, and more. Blockchain pioneer Vitalik Buterin is named among the featured speakers alongside the Ethereum Foundation’s Vlad Zamfir to discuss the Casper protocol as well as "Ethereum 2.0 and beyond.” 2019 marks the third straight year that Stanford is hosting the blockchain series, which was previously known as BPASE. (GT)

an hour ago

Bitcoin (BTC) Price Analysis: Will This Wedge Support Hold?

Bitcoin has formed lower highs and slightly lower lows to create a falling wedge formation on its 4-hour time frame. Support is holding for now but it looks like bears are trying to go for a break lower. The 100 SMA is below the longer-term 200 SMA to confirm that the path of least resistance is to the downside. In other words, the selloff is more likely to resume than to reverse. Also, the gap between the moving averages is widening to reflect stronger selling pressure. Price is below both moving averages to signal the presence of selling pressure also. RSI already dipped to the oversold region to signal exhaustion among sellers and appears to be pulling back up to indicate that buyers might return. In that case, bitcoin could still bounce off support and test the top of the wedge at the $3,800 area again. This lines up with the 200 SMA dynamic inflection point to add to its strength as a ceiling. Stochastic has just reached the oversold region to reflect slower selling pressure and might also be due to turn higher soon. A shallow bullish divergence can be seen as price made lower lows while the oscillator had slightly higher lows since mid-January. Still, a break below support could spur a slide that’s the same size as the wedge formation. This spans $3,600 to around $4,400 so the resulting downtrend could last by at least $800. Similarly a break above the wedge top could spur a rally of the same height. Bitcoin has had a rough couple of weeks as traders appeared to turn their optimism down a notch. As it is, the industry has yet to report positive developments that could sustain the rallies from the start of the year, but the lack of bullish interest despite upside breakouts suggests caution. The post Bitcoin (BTC) Price Analysis: Will This Wedge Support Hold? appeared first on Ethereum World News.

an hour ago

LITECOIN: SORTEIO de 1 camiseta da seleção Brasileira autografada por Charlie Lee e John Kim

Por: Livecoins Olá Cripto entusiastas! Faça uma doação para a Campanha Litecoin (LTC) Adoção em Massa hashtag #LTCBrasil e participe de um sorteio exclusivo do Canal MamãeCrypto. Concorra a 1 Camisa da Seleção Brasileira autografada por duas celebridades internacionais do mundo de cripto moedas. A camisa que será sorteada foi autografada por Charlie Lee, o Litecoin Satoshi criador da Litecoin e também por John Kim seu braço direito e grande mentor dos voluntários da LTC. This shirt was signed by @SatoshiLite and yours truly for @miximports to auction off to bring #Litecoin awareness to Brazil! She is a integral part of the #LTCWestCoastTeam and translates Litecoin education from English to Portuguese! #IgniteTheFireLTC Brazil! pic.twitter.com/voeS9QLs5v — johnkimofficial.com Chief LTC Evangelist (@johnkim77) January 18, 2019 Para concorrer basta participar e fazer uma doação em LTC (equivalente ao mínimo de 0.05 LTC, menos de R$6 na cotação do Litecoins hoje) para o movimento de adoção em massa organizado pelos voluntários da Litecoin Foundation (LTC) e o canal MamãeCrypto. A contribuição deverá ser feita em Litecoin durante o período de arrecadação da campanha. Após o envio de sua doação, também é necessário enviar o comprovante de transação (transaction ID number) e endereço usado para o envio por e-mail para Mamãecrypto@gmail.com junto com o nome ou apelido do participante. Assunto: “Sorteio LTC Satoshi”. Uma vez que recebermos o email do participante enviaremos um e-mail de confirmação validando a participação baseada no valor de cada doação. Endereço de Envio: LcefcN3KpSQUAZB2HtDaWg9d8X84qjD2P3 Enviar Litecoin (LTC) apenas. Doação mínima: 0.05 LTC (valor varia de acordo com a cotação da Litecoin) Estimado $1.60 Dólares ou $6 reais Exemplo: Doe 0.15 LTC - 3 participações no sorteio O resultado do sorteio será divulgado no Youtube, no Blog, no portal Livecoins.com.br e em nossas redes sociais assim que conseguirmos atingir nossa meta de no mínimo 100 LTC até o dia 1 de Maio de 2019. Entraremos em contato com o ganhador por email com detalhes sobre a entrega. Ganhadores precisam responder ao nosso email em até 5 dias úteis. E também proporcionar um endereço de entrega e confirmação de participação. O objetivo dessa campanha é simplesmente educar a população brasileira sobre a existência de cripto moedas como uma alternativa ao dinheiro. Por isso optamos por usar somente a Litecoin para se participar dessa campanha. Com isso criamos um interesse em utiliza-la, a manusear uma carteira digital e consequentemente aprender as características da Litecoin como uma moeda de troca e se educar mais sobre a tecnologia emergente das cripto moedas. Também gostaria de lembrar a todos que investir em cripto moedas continua sendo um investimento de alto risco. O mercado em sua infância continua volátil, mas isso não impede de entendermos melhor sobre essa alternativa. Não existem muitos riscos e sim algum benefícios quando usamos a Litecoin apenas como uma moeda de troca. Fazendo essa doação você aprende a fazer uso dessa tecnologia e ao mesmo tempo concorre a camiseta da seleção brasileira mais disputada do mundo de cripto moedas. Se você precisa de material educativo sobre a Litecoin para prosseguir entre no canal ou no blog e lá você encontrará vários vídeos e artigos com instruções passo à passo. Temos também o Livro: O Guia da Litecoin: Como comprar e usar disponível em português e gratuitamente para membros da Amazon Kindle. Para não membros o ebook está a venda na Amazon por R$6,99 o download e $25,85 a copia. Em poucos passos você aprenderá como converter Reais por Litecoin. Abaixo segue um comparativo das 5 casas de cambio mais populares do Brasil para ajudar na escolha em qual exchange trocar sua Litecoin, Reais, ou outras cripto moedas. Contribuir com o Projeto de adoção em massa é ajudar na disseminação de um material informativo, seguro sobre cripto moedas e tecnologia blockchain. Ainda não se é possível encontrar variedade de material informativo de qualidade sobre essa tecnologia emergente. Por isso todo esforço é válido. Especialmente por ser uma rede descentralizada, cabe a nós voluntários perpetuar os ideais originados pelos desenvolvedores originais das moedas descentralizadas, como a Litecoin, Bitcoin, ethereum outras. Em contraste, as centralizadas como a Ripple, Stellar e outras possuem poder corporativo e verba para investir em marketing. Nós voluntários precisamos levar essa comunidade descentralizada juntos! Portanto contamos com apoio de vocês para continuar nessa jornada educativa! A hora é agora de aprendermos a usar essa grande tecnologia que um dia poderá nos liberar das grandes influencias do banco nos poupando taxas e resgatando nossa privacidade entre outras vantagens. Mostre seu apoio também se inscrevendo no canal e no blog da mamãecrypto e seguindo nossas novidades nas redes sociais. Youtube, Blog, Twitter, Facebook e outros Boa sorte a todos!

an hour ago

OpenBazaar 2.3 tiene cartera con múltiples criptomonedas y nuevo soporte para Litecoin

Anteriormente los usuarios eran forzados a decidir en que moneda deseaban comprar o vender, ahora pueden utilizar múltiples monedas en la misma instalación de forma simultanea.Tras meses de trabajo en la versión 2.3 el equipo de OpenBazaar hace anuncio del lanzamiento el cual tiene cambios significativos con respecto al funcionamiento de la cartera. (adsbygoogle = window.adsbygoogle || []).push({});Previamente al momento de iniciar el nodo OpenBazaar los usuarios debían elegir la moneda que deseaban utilizar entre Bitcoin, Bitcoin Cash y ZCash, a partir de esa decisión podían únicamente utilizar tal moneda para todas las ventas o compras, si deseaban utilizar otra de las monedas disponibles tenían que lanzar otro nodo en paralelo.Con el lanzamiento de OpenBazaar 2.3 los usuarios ya no están forzados a hacer la decisión de utilizar una sola criptomoneda, ahora pueden comprar, vender, enviar y recibir múltiples monedas con la misma cartera.Para la versión 2.3 OpenBazaar soporta cuatro criptomonedas:BitcoinBitcoin CashZCashNuevo: LitecoinSoporte para Ethereum está casi terminado y será añadido pronto junto con otras monedas.En este video se muestra como funciona la multi-carteraComentarioscomercio electronico, ecommerce, OpenBazaarThe post OpenBazaar 2.3 tiene cartera con múltiples criptomonedas y nuevo soporte para Litecoin appeared first on DiarioBitcoin.

an hour ago

Storm Play Launches Long Awaited iOS App for Microtasks

The popular gamified microtask platform, StormX, has launched their long-awaited iOS app. To celebrate the milestone, Storm Play account holders have the opportunity to win prizes worth $10,000 in BTC, STORM, or ETH via a company Twitter competition. Cryptocurrency Freelancing Storm Play leverages blockchain to “empower the global workforce.” Storm Play lets users earn STORM […]

an hour ago

Ethereum On-Chain Transaction Volume Reached Record High in December 2018

A recent report by crypto analytics firm Diar states that on-chain Ethereum transactions hit an all-time high in December 2018

an hour ago

Ethereum Core Devs Launch Cat Herder Initiative on Path to Greater Decentralization

Ethereum developers have decentralization on their minds and believe it is a necessary goal in order for the project to mature. To that end, they have grown from only a handful of developers just a few short years ago to 10 or more teams that are “working on independent implementations,” resulting in conference calls with as many as 50 participants. Meanwhile, not all of the devs are part of the Ethereum Foundation. As a result, a few of the core devs have taken it upon themselves to form an ongoing grant of 250 DAI per month to finance project management, such as note taking for these calls. The funds will be “100% transparent and auditable.” They have launched a group dubbed the Ethereum Cat Herders led by veteran project managers to "facilitate inter-team communication” and accelerate the upgrade preparation process, which is expected to lead to more network upgrades. (GT)

2 hours ago

Crypto Markets Near Weekly Lows Following Weekend Volatility

This past weekend was particularly volatile for the crypto markets, which surged on Saturday before fully retracing on Sunday. The resulting losses have carried over into Monday, with most major altcoins trading flat or down slightly today. Most altcoins are closely tracking Bitcoin’s price action, and one prominent analyst thinks that most major cryptocurrencies are looking slightly bullish on lower time frames. Crypto Markets Could Be Bullish in the Short-Term At the time of writing, Bitcoin is trading down marginally at its current price of $3,580, which is just slightly above its weekly lows of $3,570. On Saturday, the crypto markets surged as Bitcoin jumped to $3,750. Unfortunately, this surge was short-lived and fully retraced on Sunday when the markets sharply dropped to lows of $3,550. Since then, the markets have been trading sideways, and most major altcoins are currently trading down. Despite this, one analyst thinks that most major cryptocurrencies are bullish in the short-term, which could mean that they will soon see a small relief rally. In a recent tweet, Mayne - a popular cryptocurrency trade - noted that he is not shorting Bitcoin, Ethereum, or XRP at their current prices, and is going to wait until they reach their relative points of resistance before opening new short positions. “$BTC $ETH $XRP Back to the charts... I am not shorting any of these pairs here, stop runs until proven otherwise. HTF is bearish and I will short a break down of the key support levels they are all sitting on. Until then, looking slightly bullish on the LTFs,” he explained. Mayne later said that he is waiting for Bitcoin to reach the low-to-mid $3,600 region before he opens new short positions. “$BTC Going to look for a short up at the grey block if we get there. Reaction after this weekend’s dump looks bullish on the LTF so no reason to short down here. Expecting a bit of bullish relief intra-week,” he said. A similar sentiment was echoed by Hsaka, another popular cryptocurrency trader, who recently tweeted that he is neutral on Bitcoin’s price action following the recent drop, and that he is currently holding open positions in multiple altcoins including Cardano (ADA) and Bitcoin Cash (BCH). “$BTC 1D (01/20/19) Yesterday’s sell the rally analysis played out like a beauty • Bounced before the 3430 support level • Took out lows (green dashed) of this consolidation Neutral here, not shorting into HTF support. Covered my BTC short, holding ADA and BCH.” Altcoins Drop Slightly After Weekend Volatility Most major altcoins have dropped slightly today and are closely tracking Bitcoin’s price action. At the time of writing, Ethereum is trading down 1.6% at its current price of $117.5. This past Saturday, Ethereum surged to highs of over $125 before plunging to lows of $116. Ethereum is currently trading just slightly above its weekly lows. XRP is currently trading down 0.3% at $0.319. XRP is down from its weekly high of $0.334, which was set this past Saturday, and is up slightly from its weekly low of $0.317, which appears to be a level of relative support for the cryptocurrency. Featured image from Shutterstock. The post Crypto Markets Near Weekly Lows Following Weekend Volatility appeared first on NewsBTC.

2 hours ago

We are excited to share that @Etherflyercom has listed the E...

We are excited to share that @Etherflyercom has listed the ETHOS token with an ETH pair on their decentralized exch… https://t.co/oKQnEngujf

3 hours ago

Living on Bitcoin Day 5: An In-Store Buy At Last (Spoiler: It’s Pot-Related)

This is the fifth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 and on Day 4.I woke up in a millionaire’s bed today, something I never thought I’d say because I ain’t gonna make a million bucks, and I always doubted I could’ve finagled my way into the bed of someone who had.Jeremy’s room is your prototypical festival bro living space: Bob Marley poster in one corner, jam band festival posters for Camp Bisco and Gathering of the Vibes (among other music festivals) tacked above a 50-inch, Toshiba plasma screen, which was leaning against the wall and propped up on the box it came in. A tangled cluster of conference passes (many speaker or VIP) hung from a back wall above the felt loveseat.Below one of the room’s three windows, there’s a bookcase sectioned off into six cubbies, which include Hunter S. Thompson, Michael Lewis, Truman Capote, and some self-help and econ/business books. Almost poetically, a book called Ego is the Enemy appropriately placed in a cubbie diagonally opposite to the one housing Tucker Max’s Assholes Finish First.On the third floor, I made the coffee I bought at Whole Foods, warmed one of the croissants and did some work.Over Slack, my colleague Aaron van Wirdum suggested I try a map called Bitcoin Map on the Google Play store to see if it had any bitcoin-accepting places listed that I could be missing. I pulled it up, browsed some places I had previously tried but knew no longer did. Then, I glanced at Haight-Ashbury on the map one last time and noticed a smoke shop and one-time hookah lounge that accepted bitcoin.On the off chance, I called them up.“Do you guys still accept bitcoin?”“Yes, we do.”“Seriously?!”“Yes.”Exuberant, I let a triumphant expletive slip and thanked the woman, assuring her that I would be by later that day.It would be a smoke shop that becomes the first place where I can spend some bitcoin, I thought to myself.With that victory, my spirits were lifted and I began to make preparations for my day. Needing to get more credit for Uber, I tried out Gyft, a gift card purchasing platform that made Hill’s second run at this in 2014 so much easier. Vinny Lingham started it, and the platform accepts other forms of payment than just bitcoin.I couldn’t use it though. I tried to buy an Uber gift card, but my Samourai wallet wouldn’t accept the BitPay QR as valid (which, given Samourai’s general crypto maximalism, made sense and also seemed to sum up the difficulties of the experiment to that point). I opted for Bitrefill again.Then I started doing some research on Kraken and Coinbase’s locations in San Francisco. According to Google, they have the same office address, which I found odd.Putting the address into my Uber app, I decided to make my way to the heart of San Francisco’s Financial District to see if I could pester my way into either or both offices. “Just show up and ask to talk to people,” Hill’s advice echoed in my head.The addresses I got on Google led me to a mailing address, but then a bit of sleuthing got me addresses (supposedly) of the actual offices for both Kraken and Coinbase. Kraken’s, though, turned out to be a FedEx, which led me to think that my informant was screwing with me or that Kraken had registered that address intentionally so as to not be bothered.Coinbase’s office was right, so I cut the informant some slack. I secured a receptionist’s number from the security desk in the lobby but didn’t really have time to make an appointment for later. This wasn’t 2013 anymore: I couldn’t just drop in on their three employees in an apartment office anymore. This was 2019 and Coinbase had become a unicorn with more than 500 employees and six offices in three countries.The rain was light but steady when I was searching for Kraken and Coinbase’s offices, but it would come down progressively harder the longer I walked. I passed a Target on my route in which I could have bought an umbrella (Paxful and Gyft have Target cards), and it highlighted a problem with banking on bitcoin through gift cards. You have to preplan your purchases, or else you have to stop, connect to wifi, and use an exchange that takes bitcoin to buy new cards before you can redeem them.It seems obvious, but it’s not as seamless as cash, debit or credit. Even so, there aren’t so many hoops to jump through — just enough to make doing so outside in the rain an inconvenience.My denim jacket was thoroughly soaked, so I stopped inside a Starbucks and ordered a coffee with a Starbucks gift card I bought on Paxful. I ordered a seasonal latte, basic white boy that I am, but I had the barista only pump about a third of the usual flavor shots into it because I don’t like drinking syrup.While downtown, I visited Quantstamp’s offices, as Christian had set me up with a buddy of his who worked there, Jared let me in and we talked crypto. He mentioned a bubble tea cafe nearby that used to accept c

3 hours ago

Is Apollo (APL) a Scam? Evidence Mounts to Suggest So

According to a lengthy Reddit post from earlier today, Apollo (APL) has all the hallmarks of a massive scam to enrich its creators. The allegations, coming from Reddit user RossyRoffle, state that there are many red flags with the project, suggesting that the “all-in one cryptocurrency” is nothing more than vaporware dressed up as ground-breaking tech. The major points of contention in today’s post focus around the lack of development towards grandiose ambitions, an former alleged scam artist being behind the cryptocurrency project, a slew of fake news being sold to followers as fact, and a harsh policy of censorship in community groups for anyone discussing the claims made by those behind Apollo. Apollo (APL) Comes Under Fire on a Variety of Fronts Seemingly exasperated by the reported censorship experienced on Apollo’s community platforms, a Reddit user known as RossyRoffle has attacked the cryptocurrency for several reasons. The post from earlier today states that despite the grandiose Bitcoin, Ethereum, and XRP-killing claims of those behind Apollo, the project offers very little of substance. On Apollo’s own website, visitors are presented with a slick video stating that Apollo is optimised for a variety of applications - be it token creation, private transfers, smart contract use, file sharing, multi-signature support, and a host of others. Basically, if you have ever heard of a cryptocurrency project claiming to have created something innovative, Apollo can do it - apparently. RossyRoffle refutes all of this in their post. They state that Apollo is nothing more than a fork of NXT with a lower block time. There are some other “insignificant” code changes too but apparently these barely extend past name changes for existing functions of the more established NXT chain. The poster even goes on to highlight that the website itself was built using Wix - hinting at the lack of experience of those behind the alleged scam. That’s not all, however. RossyRoffle states that the founders of APL are attempting to aggressively pump the price up to enrich themselves. Claims are cited that the platform will render XRP and ETH entirely obsolete. In addition, the poster provides some addresses to show how much APL the founders are dumping on the market as the price rises due to the “fear of missing out” created by those behind the operation. “Here are some APL Founder-held addresses if you’d like to watch them get rich in real-time: APL-4BUY-KK5W-B3KC-DMHBM and APL-NZKH-MZRE-2CTT-98NPZ.” Along with the grandiose claims of the project itself, fuelling this so-called “FOMO” is allegedly a programme of fake news and harsh censorship. The poster highlights completely unsubstantiated claims that the team has secured thousands of real-world buying locations. Those who question this on the official Telegram channel (and other platforms) are immediately banned. This aggressive censorship apparently extends to other questions that seem to be genuinely seeking a better understanding of the APL technology, including: “Isn’t the privacy of this coin exactly the same as NXT? Can someone explain how it is any better?” “Why do you keep banning people for asking legitimate questions?” “How do you plan to implement sharding in Q1 when their is no code in the Github for it yet?” “You guys think the privacy of this coin is really better than Monero?” The Reddit poster goes on to challenge their readers to join the Telegram group and ask a question. I tried and did not even get the opportunity to put anything to the team - presumably a result of a slew of requests to join the group following the original post: Another of the issues highlighted in the post that creates an air of doubt around the project is the founder’s past. According to RossyRoffle, Steve McCullah previously launched a fake Kickstarter campaign to fund a documentary in South America in search of undiscovered dinosaur species. They go on to allege that McCullah disappeared after raising just sort of $30,000. Of course, cryptocurrency scams like those alleged above are nothing new and pump-and-dump schemes have become an industry norm for smaller cap coins. However, the major difference with this effort according to RossyRoffle is that everything about the project is fraudulent and the entire thing serves only as a vehicle to enrich its founders, rather than an orchestrated effort from a third-party group to pump up a tiny cap coin to make a quick buck. Related Reading: Crypto Pump and Dump Schemes Encourage Traders to Play Digital Chicken Featured Image from Shutterstock. The post Is Apollo (APL) a Scam? Evidence Mounts to Suggest So appeared first on NewsBTC.

3 hours ago

Falcon Private Bank Launches Crypto Wallet With Support for Direct BTC and BCH Transfers

Switzerland’s Falcon Private Bank has introduced a cryptocurrency wallet as well as support for direct transfers of BTC, BCH, ETH and LTC for private and institutional investors. The bank said investors can now directly transfer cryptocurrencies to and from its own “segregated Falcon wallets.” They can also convert their digital coins into cash. Also read: Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019 ‘Fully Bankable Blockchain Assets’ In a press release published on Jan. 21, Falcon claimed that its latest offering “makes blockchain assets fully bankable.” The Zurich-based bank also claimed to provide secure storage thanks to its “proprietary custody solution.” “Clients can place trading orders conveniently through e-banking or a dedicated relationship manager,” said Falcon. “Digital assets are included in portfolio statements as well as in tax reporting documents.” The bank stated it had developed a process that ensures full compliance with Switzerland’s anti-money laundering and know-your-customer laws and regulations. It claimed to have a multi-level protection that covers hardware, software, and transaction processes. “Our custody solution has been audited and reviewed by independent providers,” Falcon detailed. Martin Keller, chief executive officer of the Swiss private bank, commented: Falcon has ... demonstrated its expertize ... in the digital assets space by merging traditional private banking services with innovative financial solutions. Progressive Switzerland Allows Crypto Firms to Flourish Founded in 1965 as Ueberseebank, Falcon Private Bank is Switzerland’s 26th largest foreign-controlled bank by total assets. The bank has more than $15 billion worth of client assets under management and has offices in Abu Dhabi, Dubai, London and Zurich. It was licensed as a bitcoin asset management company by the Swiss Financial Market Supervisory Authority (FINMA) in July 2017. However, the bank has reportedly set its minimum bitcoin investment threshold at two million Swiss francs ($2 million), cutting off many Swiss citizens from investing through it. Switzerland has taken a progressive stance toward cryptocurrencies by legalizing their use and formalizing crypto transactions in a range of different contexts. But some crypto projects still struggle to open bank accounts, and cryptocurrency-focused bankers and investors still complain about a relative lack of regulatory clarity, as it remains unclear whether cryptocurrencies can be considered legal tender in certain contexts. Switzerland sees virtual money and blockchain technology as strategic innovations in global finance. It is therefore determined to maintain and expand the jobs it has to offer in the field. The country’s tax regulator views cryptocurrencies as assets that should be subject to wealth taxes and declared on annual tax returns. What do you think about Falcon Bank’s new offering? Let us know in the comments section below. Images courtesy of Shutterstock. Express yourself freely at Bitcoin.com’s user forums. We don’t censor on political grounds. Check forum.Bitcoin.com The post Falcon Private Bank Launches Crypto Wallet With Support for Direct BTC and BCH Transfers appeared first on Bitcoin News.

3 hours ago

Bitcoin Billionaire Brock Pierce Reveals 2019 Crypto Outlook: Ethereum, EOS, Tron and Cardano

Brock Pierce, the co-founder of crypto venture fund DNA, chairman of the Bitcoin Foundation and EOS backer, talks about the current state of crypto, including Bitcoin, Ethereum, EOS, Tron and Cardano. Pierce told CNBC’s Crypto Trader that Ethereum needs to scale this year to remain a front runner in the industry. “If Ethereum doesn’t solve […]

4 hours ago

XRP gets more decentralized as Proof-of-Work-based cryptocurrencies face extinction

Opinion: XRP and Ripple, together have created quite a buzz in the financial system, especially in the remittance industry with their blockchain solutions. XRP has faced all the major cryptocurrencies and triumphed to become the second-largest cryptocurrency by market cap in the space. The only other thing that’s left for XRP to do is, overthrow the reigning champion i.e., Bitcoin [BTC], which obviously had the first-mover advantage and peoples’ sentiment. Bitcoin’s Proof-of-Work [PoW] Vs. XRP Ledger’s Distributed Agreement Protocol Bitcoin was the first cryptocurrency that was created and it uses PoW algorithm, which is how the transactions are verified and solves the problem of “double spending”. PoW algorithm consists of miners, who validate the transactions by putting in their resources and, hence, they are rewarded for the same. This process, which seemed good enough, will be relatively rejected by the miners as the reward for mining decreases after mining every 210,000 blocks. Eventually, the miners will be left with no option, but to quit. Moreover, the PoW algorithm uses massive resources, which extracts a heavy toll on the world we live in. Furthermore, miners that are spread out across the globe is what makes the Bitcoin network decentralized, but it is also what makes it less decentralized and susceptible to attacks. Since Bitcoin gained a lot of notoriety as its prices sky-rocketed, mining Bitcoins suddenly gained attention, causing a lot of miners to pool their resources to mine the coin, resulting in large pools with huge resources. If some of these pools ever decide to collude, they could easily perform an attack on the Bitcoin’s network, create a second chain, double spend, stop/reverse transactions etc. Ethereum Classic, a PoW-based cryptocurrency, recently faced a brutal 51% attack, resulting in a loss of $2.1 million worth of assets. The attacker had enough hash-rate to disrupt the original chain and double spend assets. Unlike Bitcoin [BTC] and Ethereum [ETH], XRP uses Distributed Agreement Protocol aka Consensus Protocol. XRP solves the problem of double spending in a more efficient way in comparison to PoW cryptocurrencies. It uses a distributed agreement protocol that relies on validators to group transactions into ordered units and agreeing on one such order. These validators are spread across the globe and unlike Bitcoin’s miners, these validators are not rewarded for grouping transactions into ordered units. In addition, XRP Ledger requires a total of 80% of all the validators on the entire network to support and vote for a change over a period of two weeks before it goes into effect. The two-week timeframe provides an incentive for the users to upgrade their software to accommodate the change. If the change is not agreed upon by the 80% of the users, then it won’t go into effect. Furthermore, Schwartz said that if more than 20% of the nodes disagree with the majority, the network would halt and reconfigure a new list that has a majority of the nodes in agreement. This would create more than one ledger and the ledger that has the supermajority would be selected as the final ledger. Moreover, if the validators become selfish and collude to disrupt the normal flow of transactions, then the users would have to agree on a new list that would provide enough overlap so that they can continue to interoperate. David Schwartz, the CTO of Ripple commented on this matter [about attacking XRP Ledger] in a tweet, he said: “This has never been a problem for any blockchain in the past, and it’s required by every blockchain when previous agreements fail to be sufficient. Decentralized systems fundamentally allow interoperation only among people who continue to agree on a large number of things.” “Surprisingly, the lack of incentives in the XRPL design actually makes this much easier. All honest participants want the network to work well and have perfectly aligned interests. There’s no power over anything to give out, no rewards to argue over splitting, or the like.” Hence, when compared to other PoW cryptocurrencies, XRP is better at resisting attacks by collusion or bad actors, as it does not provide any opportunities for a person to develop control over the ledger due to its consensus protocol. In addition, XRP Ledger uses a deterministic protocol making the validation of transactions impossible to edit. Other advantages of XRP that makes it a superior cryptocurrency over others would be the transaction speed and cost. XRP can perform 1500 transactions per second, whereas Bitcoin can do only 6 transactions per second and Ethereum can do only 15 transactions per second. Below is a chart which illustrates the same. Source: Ripple.com Cryptocurrencies, even Bitcoin, were created as an alternate form payment from the centralized and controlling authorities, and for it succeed it should have higher transaction speed with negligible fees. XRP checks all these boxes, whereas Bitcoin and Ethereum, on t

6 hours ago

How to Make Profit from Bitcoin? Sharing by Bexplus Expert Player

CoinSpeaker How to Make Profit from Bitcoin? Sharing by Bexplus Expert Player The Bitcoin, which is considered as the gold in cryptocurrency area by market capitalization has received a massive decline from its record high of about $20,000 in 2017 to the present value of $3,600. Some investors have given up on the value of cryptocurrency through sell-off, while others believe that the bullish trend is near once again. Whether investing in BTC from a bull or bear market, the only result you want is to profit from it. Read on and see how to make profit from Bitcoin investment. Basically, there are three ways to earn money on BTC investment: Simply buy BTC and wait for the appreciation. BTC to USDT Transaction. When BTC is about to plunge, exchange to USBT to pocket the difference, and vice versa. BTC futures trading is two-way profitable. No matter the market is up or down, you both have chance to earn money as long as there is price fluctuation. Based on the Current Trend, Which Way is Better? Investing BTC spot and wait for the appreciation may be inadvisable, as the BTC price have been keeping the downward trend since January 2018. Though it is hard to predict whether the price will soaring again or not, investing BTC spot trade, looking forward to its rising to its peak, requires a super high time-cost. USDT is called a stablecoin because it is designed to always be worth $1.00. To exchange BTC to USDT means that you can pocket the difference by change BTC to USDT when the BTC price is about to fall ,or change USDT to BTC when the BTC price is about to rise, which enables you to avoid overall risks. What I recommend is BTC Futures Trading. Bitcoin futures contracts are a kind of trading agreement to buy or sell a certain amount of BTC at a specific price with X times leverage added. For example, buy/long BTC means that speculators can place a “bet” that the price of BTC will rise in the future. Conversely, to sell/short BTC means to “bet” that BTC will fall. In addition, with X times leverage added, investors can enter a large trade though they only hold a smaller amount of BTC. That means you can have chance to earn profit whether the BTC price is up or down. Trade BTC Futures Contracts in Bexplus Bexplus is a world-leading Bitcoin futures exchange reported by Nasdaq. Established in Hong Kong late 2017, its offices have covered many regions and countries all over the world, including the USA, Brazil, Australia, India, Nigeria, Russia, with 15 supported languages. Just in one year, Bexplus has won the favor of 100,000+ users. Bexplus provides perpetual contracts for BTC, ETH and LTC with maximum leverage of 100 times. For example, you can use 1 BTC to open a 100 BTC long/short position. When the price goes up/down 1%, you can get 100% profit. You can also set the stop-profit and stop-loss points to lower the risks. Deposit Activity to Earn 50% BTC Free Bonus To deposit BTC in the Bexplus account, you can earn 50% BTC bonus, which can also be used to trade futures contract and withdrawn. The more deposit, the more bonus you will get! More: https://www.bexplus.com/en/cash_back Invite Friends to Join and Earn 30% Commission Invite friends to register and trade in Bexplus, you can share 30% transaction fee of your invitees as commission. Also both you and our invitees can enjoy 10% OFF service charge. More: https://www.bexplus.com/en/account/activity_show If you are a beginner, you can practise in the simulator mode with 10 BTC. You can also use P/L calculator to measure the profits and loss firstly for risks management. Join Bexplus with the invitation code: PCDfB and enjoy 10% off transaction fee. How to Make Profit from Bitcoin? Sharing by Bexplus Expert Player

6 hours ago

Bitcoin [BTC] and other cryptocurrencies fail basic financial tests, says Bank of England official

The cryptocurrency market’s volatility and traction have been far-reaching, so much so that even prominent members of established institutions are talking about it. Bitcoin [BTC], the largest cryptocurrency in the world, has captured the attention of several people, including that of Huw van Steenis, the Senior Adviser to Bank of England Governor - Mark Carney. Speaking to Bloomberg at the ongoing Davos meet, Steenis spoke about the inception of Bitcoin, during the 2008 financial crisis. He stated that the magnitude of the market crash was dumbfounding and was the perfect opportunity for FinTech to rise. Even Nouriel Roubini, an American economist popularly known as Dr.Doom, was mentioned in the discussion as someone who had called the crisis before it actually happened. Roubini has been a vocal critic of the cryptocurrency industry, even comparing Ethereum co-founder Vitalik Buterin to North Korea’s Kim Jong-un. Steenis went on to say that the major banking institutions was leading a review of future finance with a lot time being spent on the propagation of the payment and financial system. He stated that globally, banks spend only 25 percent of the total budget for digital transactions. He then focused his discussion on cryptocurrencies such as Bitcoin and explicitly said that he was not a all worried about cryptocurrencies. In his words: “They fail the basic tests of financial services. They’re not a great unit of exchange, they don’t hold value, and they’re slower. One of the biggest challenges for the BOE will be how to regulate new entrants to the banking system, particularly from technology firms.” To a question about the similarity between banks and Bitcoin in terms of volatility, Steenis said that customers want cheaper, faster and better services. He also stated: “What I love when meeting with Fintechs is their obsession with customers. The challenge is will they get customers before the traditional banks can innovate.” The BoE official stressed the fact that the field of cryptocurrencies was not high on his worry list as they could not compete with the traditional systems. The post Bitcoin [BTC] and other cryptocurrencies fail basic financial tests, says Bank of England official appeared first on AMBCrypto.

7 hours ago

EOS tem grande atividade nos últimos sete dias

Por: Livecoins As criptomoedas são por muitas vezes analisadas apenas pelo seu Market Cap por muitos analistas de mercado, mas uma das maneiras de olhar o mercado seria pela atividade da blockchain. E neste quesito a maior criptomoeda é a EOS, que conta com mais de 78% de atividade das blockchains públicas nos últimos sete dias. Esse valor é representado por mais de 38 milhões de operações registradas na blockchain desta cripto no período. Os dados, coletados pelo Livecoins na data 21 de janeiro no website Block’tivity, mostram que o Bitcoin ocupa a quinta posição e o Ethereum apenas a sexta posição, sendo que sua blockchain continua com mais de 30 mil transações não confirmadas na rede. Fonte: https://blocktivity.info/ O website de onde os dados foram extraídos mostra as 20 maiores blockchains por atividade na rede, tanto nas últimas 24 horas quanto nos últimos 7 dias. A EOS ganha nos dois números. Um fato que chama a atenção para o destaque na atividade da EOS é que isso pode ter causado o impacto em sua recente valorização, e abalou o Market Cap da moeda colocando a mesma na quarta posição no momento da escrita deste. Fonte: https://livecoins.com.br/coin-market-cap-capitalizacao-de-mercado-criptomoedas/ Apesar de a EOS ter tido uma boa valorização em seu market cap que a colocou na quarta posição de mercado, seu valor em comparação com a Ethereum e Bitcoin ainda não é tão grande, visto que representa apenas 2.7% do mercado, com o Bitcoin representando mais de 80% e Ethereum mais de 15% no momento da escrita deste. A explicação para isso poderia ser de que a EOS está tendo mais movimentação em sua blockchain, enquanto as outras criptomoedas do topo de mercado podem estar com maior movimentação nas exchanges, por isso seu mercado é mais valorizado até o momento. O mercado tem andado de lado para os traders que analisam dados das exchanges, mas analisar informações que não são comuns, como a movimentação de uma blockchain, podem garantir uma boa operação de compra e venda de criptomoedas, com este caso da EOS sendo um exemplo a se considerar. *Aviso Legal: O Livecoins não recomenda a compra de nenhuma criptomoeda, realize o seu estudo por sua conta antes de comprar. O artigo EOS tem grande atividade nos últimos sete dias apareceu primeiro em Livecoins.

7 hours ago

Op Ed: Bitcoin Mining Attacks Are Overblown

Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized.Bitcoin isn’t decentralized because of Core and/or miners.I’ll leave 1 and the first half of 2 for another day, but the “mining centralization” argument is what I want to tackle in this article.The questions I’ll be answering are:Is Bitcoin mining centralized?In what way do miners “control” Bitcoin?What are the risks of a 51% attack?Are the altcoiners right?DecentralizationDecentralization is a key property of Bitcoin. If you remove decentralization, it’s not an interesting project. There have been lots of centralized issuers of money — that’s what causes inflation and why your savings lose purchasing power daily. The response by altcoiners is to argue that decentralization is a spectrum or, barring that, that Bitcoin is centralized.First, decentralization is not a spectrum. It either has a single point of failure or it doesn’t. Centralized things are called centralized because there’s a single point at which everything can fail. You either have a centralized point of failure or you don’t. There’s no real in-between like altcoiners would have you believe. Altcoins all have one or more of these properties which create a single point of failure:A creator that’s still involved;A development team that forces upgrades on all the users (hard forks); orA foundation/organization which directs what the coin will do.Some have more than others (ETH has all three vs. XMR which has just the second); in that sense, you can say something has more single points of failure than others. Nevertheless, the fact is that if at least one single point of failure exists, the token is centralized. A government could very well control the coin with whatever regulations it wants through that single point of failure. They could, for example, arrest the creator, tax the dev team or nationalize the foundation or organization. The method by which an authority can take over doesn’t really matter here: The fact that it can is what is of concern. Centralized coins have the potential to be taken over relatively easily.The question here is whether bitcoin mining is a single point of failure. Could a government or other authority control Bitcoin through controlling a single entity in mining? Much has been speculated about this and that is the subject of this article. What would it actually take to “take over”?What Miners Can DoThe miners’ job is to secure the network. They do so by finding proof of work. Having 51% of the network hash power gives a single miner the ability to attack the network. That, however, is not the same as controlling the network. The attack is limited in nature and affects only the account holders attacked (say, an exchange). This is in contrast to forcing upgrades on the network, which can reset entire balances, inflate the currency or change all sorts of incentives. The latter is real control of the entire network, a real choke point, as the network rules are dictated by a single group. The former is a possible way in which some participants become vulnerable. These are two different things!This distinction is crucial as altcoiners often conflate the two. The two vulnerabilities are not the same. The first is an attack vector with a lot of conditions required to execute, affecting a limited number of people; the latter is the possibility of complete takeover. Think of the former as a weakness in your army defenses and the latter as a takeover of the army for whatever purposes the conqueror pleases. The former still requires the attacker to fight out in the open. The latter is something that can be accomplished without the knowledge of anyone but the inner circle.It is with this in mind that we call altcoins centralized. They can be taken over, conquered, changed by the whims of a few people. Controlling a large amount of mining hash power is not the same as that and the vulnerabilities are limited, not to mention very expensive to execute. This is the difference between a single person in charge of a bank account (who can thus embezzle, run away with the money, etc.) vs. a possibility that a valid wire transfer can be forced to wait a long time before being deposited.Requirements of a 51% Mining AttackTo bring this home, let’s go through how a 51% mining attack must be executed. In order to execute a 51% attack, you first need more hashing power than the rest of the network. This means getting lots and lots of mining equipment, which costs a good deal of money. The equipment currently has long lead times and acquiring the latest generation of miners is notoriously difficult as such equipment tends to be very profitable. Using old equipment is an option, but the savings and convenience of such equipment is more than offset by the inefficiency. Either way, obtaining and running the equipment necessary is really costly. This requires incredible capital investment in order to compete with mi

7 hours ago

Cornell Professor says “TRON is no operating system,” Ethereum’s Vitalik Buterin Supports Criticism

Emin Gün Sirer, a professor at Cornell University and a famous influencer in the crypto and blockchain sphere, blasted TRON (TRX), Justin Sun’s blockchain project for claiming to be one of the “largest blockchain-based operating systems in the world.” Sirer made this known on his official Twitter account saying that TRON is not an Operating System (OS) while declaring his expertise in Operating Systems. I know Operating Systems. I have built Operating Systems. Tron is no Operating System. pic.twitter.com/JhRhodijKl — Emin Gün Sirer (@el33th4xor) January 21, 2019 Aside from saying that Tron is not an operating system, Prof Sirer also gave what he called “blockchain Rule #73,” which states that “anything billed as a ‘blockchain operating system’ is an embarrassing mess.” It is not surprising to see that the Cornell Professor is knowledgeable about OS as Sirer is famous for his brilliant contributions on technological topics such as P2P systems, computer programming, and operating systems. Confirming his claims of developing Operating systems, Sirer is the brain behind SPIN kernel, an Operating System that he developed as a graduate student. Vitalik Buterin’s Contributions Replying to Sirer’s Blockchain rule, Ethereum’s co-founder, Vitalik Buterin tweeted a question with an answer to the Professor saying, “But what about legitimate blockchain operating systems like $AVA and $SUB? (I *think* that’s how one of the more recent twitter shilling tricks works...) The trick is to throw your coin into a list of other coins that you know the recipients of your shilling already approve of and get them to associate your coin as “one of the pack”. Also the dollar signs. The darned {{deity}}-awful dollar signs...” It did not also come as a surprise to see 24-year old Buterin, joining forces with Professor Sirer to criticize TRON since it is a known fact that Buterin is no fan of Sun and his project. In fact, Buterin and Sun are known for criticizing each other’s project. In December last year, Tron founder threw a big one at Buterin stating that the developers at Ethereum and Consensys are suffering layoffs and they should apply for jobs at TRON as they will be happily welcomed. Meanwhile, TRON TRX is the most significant gainer among the top 10 cryptocurrencies. TRX is recording more than 6% over the last 24 hours while Ethereum ETH is down by 0.98% at press time. Both coins have a market cap of $12,334,799,679 and $1,680,618,988 respectively. The post Cornell Professor says “TRON is no operating system,” Ethereum’s Vitalik Buterin Supports Criticism appeared first on ZyCrypto.

7 hours ago

Programador de Lightning Network trabaja en UTREEXO, una mejora en escalabilidad de Bitcoin

La propuesta busca comprimir el tamaño que ocupan las salidas para operaciones no utilizadas (UTXO), aligerando la cantidad de poder de procesamiento que requieren los equipos para procesar los bloques de la red.*** (adsbygoogle = window.adsbygoogle || []).push({});Uno de los investigadores asociados con el desarrollo de Lightning Network, Tadge Dryja, trabaja en un nuevo proyecto llamado Utreexo, el cual teóricamente permitiría a los usuarios verificar transacciones en la red Bitcoin empleando cantidades mucho más pequeñas de poder de procesamiento, posibilitando el uso de celulares y dispositivos de menor capacidad.Utreexo es descrito como un software para la acumulación dinámica que almacena el registro de cada transacción dentro de una red Blockchain resolviendo el problema de la gran cantidad de salidas de operaciones no utilizadas (UTXO) reduciéndolas a un peso menor a 1KB.Al respecto, Dryja comentó:Con Utreexo, los usuarios de la red Bitcoin solo tendrán que verificar si una operación es correcta utilizando una prueba criptográfica, en lugar de tener que almacenar todos los datos contenidos en el Blockchain. Esto minimiza los requisitos de almacenamiento, haciendo posible que la red Bitcoin pueda ser ejecutada incluso en un teléfono inteligente.Bondades del protocoloDurante una entrevista realizada a Dryja en el podcast Gray Mirror, el programador habló sobre el proyecto que ya se encuentra en fase de prototipo, indicando cómo las redes Blockchain podrían actualizar la verificación de las transacciones conectando un nodo puente a Utreexo sin necesidad de que este pase por un Hard Fork.Las posibilidades que plantea Utreexo al reducir millones de UTXO en pocos KB es objeto de debate por parte de muchos desarrolladores Blockchain, por lo que hoy existen algunas soluciones interesantes en desarrollo:Por una parte, está un proyecto a cargo de la empresa Bloxroute, con el cual podrán dotar a las redes Blockchain de mayor eficiencia al propagar bloques de forma neutral.Por otro lado, está la empresa Xthinner, la cual plantea aprovechar las transacciones lexicográficas (LTOR) en la red de Bitcoin Cash comprimiendo la información de los bloques en un 99,6%.Y también está el protocolo de Blocktorrent, el cual divide un bloque en fracciones y cada porción puede verificarse de forma independiente.Falta de consenso entre los operadoresAunque los acumuladores dinámicos puedan ser una solución para garantizar la escalabilidad de las redes a largo plazo, esta idea tiene más de nueve años en discusión y no hay muchos logros al respecto. Algunos creen que la idea podría prosperar si la emplean los programadores de Ethereum y Bitcoin Cash, cuyas comunidades son menos conflictivas a la hora de pensar en soluciones.Los operadores de la red Bitcoin aún siguen firmes en el hecho de no querer un aumento en el tamaño de los bloques, lo que ha dado pie a muchas críticas por parte de la comunidad que demanda soluciones. Ejemplo de ello es el caso de SegWit, protocolo que actualmente no es respaldado por la mayoría de los mineros aunque ya tiene más de un año operativo.Sin embargo los programadores principales han vuelto a sacar el tema y con ello las propuestas para acumuladores dinámicos, pero no llegaron a ningún acuerdo en concreto.De acuerdo con Dryja, Utreexo tiene gran potencial pero aún hay mucho trabajo por hacer para que se convierta en una solución que satisfaga los criterios de la mayoría de los operadores.Fuente: News.Bitcoin.comVersión de Angel Di Matteo / DiarioBitcoinImagen de PexelsDiscusiónbitcoin, blockchain, escalabilidad, Lightning Network, solucion, Tadje Dryja, Utreexo, UTXOAdvertisements (adsbygoogle = window.adsbygoogle || []).push({}); The post Programador de Lightning Network trabaja en UTREEXO, una mejora en escalabilidad de Bitcoin appeared first on DiarioBitcoin.

8 hours ago

Centralização ainda ganha da descentralização nas criptomoedas

Por: Livecoins As criptomoedas foram criadas com o propósito de serem moedas utilizadas no cotidiano das pessoas e sem intermediários, mas parece que, na prática, a realidade não anda sendo bem essa. De acordo com um levantamento realizado pelo portal Cointelegraph e utilizando dados do TokenInsight, as exchanges centralizadas ainda possuem muito mais volume do que as exchanges descentralizadas (DEX). A pesquisa, que foi ao ar no dia 21 de janeiro, traz o Relatório Anual de Intercâmbio de Criptomoedas de 2018 e mostra que, apesar do grande aumento das DEXs no último ano, as mesmas não conseguiram chegar nem próximas do volume das plataformas centralizadas. Apesar de a porcentagem das DEX chegar próxima de 20% em quantidade, o volume das mesmas não passa de 1% no mercado cripto. Apesar de o volume ser incomparável entre as operações até o início de 2019, o mercado cripto tem buscado entender e confiar nas operações descentralizadas que tem ganhado espaço, como a IDEX que é uma das operações que possuem mais de 400 listagens e mais de 90 BTC movimentados de acordo com o CMC. A maior parte das DEX são baseadas em grande parte na Ethereum e EOS, que de acordo com o levantamento somam cerca de 53 operações. Outro ponto que o mercado cripto ainda não conseguiu sobressair é a questão das blockchains, visto que desde que o Ethereum em 2013 anunciou que poderia conseguir criar uma blockchain, podendo rodar dApps e Smart Contracts, várias iniciativas privadas correram para fazer as suas tentativas. Dentre as empresas que se destacam nesse segmento está ninguém menos do que a IBM com a sua aplicação Hyperledger, que não é descentralizada, não possui tokens e nem criptomoedas em seu ambiente. As blockchains privadas também são conhecidas como DLTs, mas se apresentam como uma alternativa concorrente de peso, que apesar de não possuir um Market Cap já se mostram grandes players. Só no Brasil um estudo apontou mais de 80% das empresas utilizando a Hyperledger. As operações de exchanges DEX são muito mais seguras do que as centralizadas no sentido de hacks, mas também possuem problemas e é bom que os usuários destas plataformas fiquem atentos. Satoshi Nakamoto criou o Bitcoin para que fosse feita a descentralização da economia, e isso com o tempo e ferramentas certas possuem uma grande hipótese de acontecer, mas no momento a centralização tem estado a frente deste mercado. O artigo Centralização ainda ganha da descentralização nas criptomoedas apareceu primeiro em Livecoins.

8 hours ago

Mapping out Coinbase’s acquisitions and investments

Coinbase, one of the largest cryptocurrency exchanges in the U.S., has stood out among its competitors as one of the most active in mergers and acquisition. The firm, which is valued at $8 billion, has had a lot of cash on hand to snap up smaller firms across the nascent crypto world, including most notably Earn, a firm that provides a platform for folks to earn crypto by answering emails. It was reported that Coinbase acquired Earn for a figure above $100M, which would be Coinbase’s largest deal out of the 13 in total. The exchange operator also acquired Paradex, the decentralized exchange, and Keystone, a broker dealer. The Block has also learned of three unannounced small acquisitions: Seneca Systems: a platform to improve workflow for governments. CryptoFin, an ethereum DAO that pivoted to become a basket of crypto investments. Bumpers, a music application. Behind Coinbase’s acquisition activity is Emilie Choi, previously the top dealmaker at LinkedIn, who in an interview with Business Insider described the firm’s strategy as “business in the front, party in the back.” “We’re the ultimate mullet company,” she added. “We have these incredibly strong core businesses that leverage the power of crypto and are crypto first, but they look like financial institutions. The back part is the bleeding-edge, crypto-first services that we invest in because of the power of our core businesses,” Choi said. Max Branzburg, head of corporate development at Coinbase, works along side Choi and a team of more than 10 folks involved with Coinbase’s M&A activity. Below, we’ve mapped out the firm’s mergers to date as well as its investments via its VC arm Coinbase Ventures. Blockr.io acquired on August 18, 2014 Memo.AI acquired on January 18, 2018 Bumpers acquired on February 20, 2018 Cipher Browser acquired on April 13, 2018 Earn.com acquired on April 16, 2018 (You can read more about Coinbase’s plans for Earn, here.) Paradex acquired on May 23, 2018 Keystone Capital Corp. acquired on June 6, 2018 Digital Wealth acquired on June 6, 2018 Venovate acquired on June 6, 2018 Distributed Systems acquired on August 15, 2018 CryptoFin acquired on October 26, 2018 Seneca Systems acquired on November 14, 2018 Blockspring acquired on January 17, 2019 Elph is a decentralized network for Plasma sidechains Starkware is developing scalability and privacy solutions for blockchains Coinmine is a cryptocurrency mining hardware manufacturer Gauntlet is a testing platform for crypto networks Celo is a mobile-focused platform for digital payments Reserve is developing a stablecoin UMA is a decentralized financial contracts platform Terminal is a platform for managing Web 3 protocols and dApps Unlock is an access control protocol for content creators Spacemesh is a blockmesh operating system for running smart contracts Compound is a protocol for money markets on the Ethereum network The Block is a crypto and blockchain media and research firm Relevant is a social news platform Trustory is blockchain-based social network for debates Token Daily is a crypto and blockchain content aggregator Alchemy is a blockchain intelligence platform Etherscan is a Ethereum blockchain explorer and data provider Nomics is a cryptoasset data company providing market data API Opensea is an online marketplace for non-fungible tokens R.A.R.E is an online marketplace for digitize art Public Market is an open data protocol for e-commerce marketplaces Rare Bits is an online marketplace for non-fungible tokens Abacus is an administration for company, fund, and real estate securities RealtyBits is a blockchain-based investment platform for tokenized American commercial real estate Securitize is a compliance platform digitizing securities Fuel Games is a blockchain infrastructure platform for video games Horizon Games develops blockchain-powered video games With contributions from Frank Chaparro The post Mapping out Coinbase’s acquisitions and investments appeared first on The Block.

8 hours ago

Crypto Market Weakens But Bottom Feeders May Stay Hungry

The cryptocurrency market has opened the new trading week under pressure on Monday, with almost the entire top twenty cryptocurrencies by market capitalization trading into the red. No clear fundamental catalyst appears to have provoked the latest crypto sell-off, although there has been speculation over bot trading; the market however appears to have succumbed to technical selling after a period of consolidation amongst the major players in the market. Ethereum, Litecoin and Maker are amongst the worst performing cryptocurrencies, while Tether and USD Coin have managed to eke out small intraday days so far. As always, it is always worth watching the market leaders, particularly Bitcoin, Ripple and Etherem for a better indication of whether today’s losses in the cryptocurrency market are indeed sustainable and likely to worsen or potentially just a early-week knee-jerk reaction to flush-out weaker hands before a counter move occurs. Ethereum 1-DAY Chart Source-Coinmarketcap.com Overall, I suspect we are now seeing market participants attempting to probe towards the multi-year lows created by a number of the most popular cryptocurrencies late last year. Technically, confirmation of a major bottom is important for traders, especially given the lack of follow through to the early month recovery seen in the crypto space. If we do indeed see a sustained decline below the multi-year lows created in December for Bitcoin, Ethereum and Litecoin alike, this should be considered an overwhelmingly bearish sign. A further continuation of the broader downtrend in cryptocurrency market would then be the most likely and favoured scenario over the short and medium-term horizons. On the other hand, if we see these key technical lows holding firm, I would expect cryptocurrencies to rally back towards their 2019 trading highs over the coming days and weeks, where traders would then to start to re-evaluate short and medium-term positioning. 1-DAY Chart Total Cryptocurrency Market Capitalization -Souce Coinmarketcap.com Looking at a one-day chart of the Market Capitalization of the entire cryptocurrency market, we can observe a sharp sell-off occurred, on relatively light volume it must be said, once the $124 billion support level was breached. The $17 billion to $16.9 billion support region is the next major technical area to watch if selling continues for the entire crypto market, with the recent major low just above $10 billion, created mid-December, the foremost support area below. Going forward, a break of $19.5 to $24 billion range is indeed worth watching, for traders and investors to get a broader gauge of the overall sentiment towards cryptocurrencies, as is a technical break of $3,100 to $3,660 price range for the number one cryptocurrency by market capitalization, Bitcoin. Join the conversation on Telegram and Twitter! Decentral Media, Inc., the publisher of Crypto Briefing, is not an investment advisor and does not offer or provide investment advice or other financial advice. Nothing on this website constitutes, or should be relied on as, investment advice or financial advice of any kind. Specifically, none of the information on this website constitutes, or should be relied on as, a suggestion, offer, or other solicitation to engage in, or refrain from engaging in, any purchase, sale, or any other any investment-related activity with respect to any transaction. You should never make an investment decision on an investment based solely on the information on our website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an investment. The post Crypto Market Weakens But Bottom Feeders May Stay Hungry appeared first on Crypto Briefing.

8 hours ago

BitPanda Exchange Review 2019

Bitpanda is a top cryptocurrency exchange platform based in Austria. The 24/7 exchange offers a secure platform for buying and selling cryptocurrencies. Bitpanda services are automated. Once a payment has been approved, the cryptocurrency gets sent to the buyer automatically. The automated process is behind Bitpanda positive reputation in the market. In 2016, Bitpanda won the best fintech startup award just two years after it began operations. Traders on Bitpanda can trade in Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash and Ripple. The exchange was previously called Coinimal before rebranding to Bitpanda in 2016. According to the directors, the rebranding process was to usher in a fresh start. The exchange has more than 850, 00 registered users. How To Get Started With BitPanda Creating an account with Bitpanda takes about 30 seconds. It only requires an email address and a password. The process includes verifying your email address with the company. Bitpanda supports the two-factor authentication system which is used in the know your customer procedure. You are then required to provide your mobile number where you receive a 6-digit pin for verification. When the registration is complete, Bitpanda allocates customers with the appropriate account level. Each level has unique verification requirements. Bitpanda’s levels include Starter, Bronze, Silver and Gold. The levels determine transactions amounts of each account. Transaction limits are classified into daily, monthly. Total limits increase with account level. Gold is the highest verification level. It requires a webcam interview performed through a third-party company. Countries Supported By BitPanda Bitpanda operates in all European countries. However, other regions of the world like the United States are restricted. In Europe, we have limitations depending on the payment methods. Some countries support a specific means of payments while others don’t. The platform supports bank transfers from all European countries. Bitpanda’s Security Features Bitpanda uses the 2FA system to secure user accounts. The system is the underlying security protocol used for low-limit transactions. However, this system can be penetrated by hackers. Furthermore, Bitpanda conducts rigorous verification checks on customers before transacting high crypto volumes. The trading platform also boasts of additional security features like SSL Certificate, encrypted user data, Trezor for cold storage, separate web and wallet servers and SMS verification. Since the inception of the exchange in 2014, Bitpanda has not suffered security breaches. Bitpanda Fees When it comes to trading fees, Bitpanda is considered not to be transparent. The platform is changing slightly higher than the market rate when buying. When selling cryptos, the price is somewhat lower. The standard markup for buying stands at 1.5% whereas selling fees are at 1.3%. Furthermore, you can incur deposit charges when paying into the Coinmama account. Accepted Payment Methods Bitpanda’s payment methods are driven by the goal to make trading of cryptos across Europe easy. The platform, therefore, offers some great options. They have credit cards (Visa, Mastercard), SOFORT transfer, EPS, Giropay, Neteller, Skrill, Online Bank Transfer, SEPA and, Bitpanda to go. Across all the payment platform, SEPA is slowest as it takes about a day to reflect. Other payment options are much quicker. Some transactions can take five minutes to reflect. E-payment methods and credit cards can last up to 10 minutes. Bank transfers can take between a day and five business days. How To Stores Cryptos Purchased on Bitpanda Bitapanda has a default wallet for storing purchased cryptocurrencies. However, relying on this wallet can be risky. You can end up losing your digital assets if the exchange is hacked. User’s don’t have control of the private key and the person in charge can potentially steal your digital coins. If funds are stolen, retrieving them can be difficult. Customers can use a cloud-based wallet or desktop wallet which are on a computer. Bitpanda’s User Interface Every action on the Bitpanda website is seamless. The interface is simply intuitive. From creating an account to trading, everything is easy to navigate. Once you log in, there is a page with main features that are accessible by just one click. The sleek interface makes it easy to buy and sell cryptocurrency First-time visitors have an easy time navigating the website since it is user-friendly. Image Source: Bitpanda The post BitPanda Exchange Review 2019 appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

8 hours ago

Programador de Lightning Network trabaja en proyecto para mejorar la escalabilidad de Bitcoin

La propuesta busca comprimir el tamaño que ocupan las salidas para operaciones no utilizadas (UTXO), aligerando la cantidad de poder de procesamiento que requieren los equipos para procesar los bloques de la red.*** (adsbygoogle = window.adsbygoogle || []).push({});Uno de los investigadores asociados con el desarrollo de Lightning Network, Tadge Dryja, trabaja en un nuevo proyecto llamado Utreexo, el cual teóricamente permitiría a los usuarios verificar transacciones en la red Bitcoin empleando cantidades mucho más pequeñas de poder de procesamiento, posibilitando el uso de celulares y dispositivos de menor capacidad.Utreexo es descrito como un software para la acumulación dinámica que almacena el registro de cada transacción dentro de una red Blockchain resolviendo el problema de la gran cantidad de salidas de operaciones no utilizadas (UTXO) reduciéndolas a un peso menor a 1KB.Al respecto, Dryja comentó:Con Utreexo, los usuarios de la red Bitcoin solo tendrán que verificar si una operación es correcta utilizando una prueba criptográfica, en lugar de tener que almacenar todos los datos contenidos en el Blockchain. Esto minimiza los requisitos de almacenamiento, haciendo posible que la red Bitcoin pueda ser ejecutada incluso en un teléfono inteligente.Bondades del protocoloDurante una entrevista realizada a Dryja en el podcast Gray Mirror, el programador habló sobre el proyecto que ya se encuentra en fase de prototipo, indicando cómo las redes Blockchain podrían actualizar la verificación de las transacciones conectando un nodo puente a Utreexo sin necesidad de que este pase por un Hard Fork.Las posibilidades que plantea Utreexo al reducir millones de UTXO en pocos KB es objeto de debate por parte de muchos desarrolladores Blockchain, por lo que hoy existen algunas soluciones interesantes en desarrollo:Por una parte, está un proyecto a cargo de la empresa Bloxroute, con el cual podrán dotar a las redes Blockchain de mayor eficiencia al propagar bloques de forma neutral.Por otro lado, está la empresa Xthinner, la cual plantea aprovechar las transacciones lexicográficas (LTOR) en la red de Bitcoin Cash comprimiendo la información de los bloques en un 99,6%.Y también está el protocolo de Blocktorrent, el cual divide un bloque en fracciones y cada porción puede verificarse de forma independiente.Falta de consenso entre los operadoresAunque los acumuladores dinámicos puedan ser una solución para garantizar la escalabilidad de las redes a largo plazo, esta idea tiene más de nueve años en discusión y no hay muchos logros al respecto. Algunos creen que la idea podría prosperar si la emplean los programadores de Ethereum y Bitcoin Cash, cuyas comunidades son menos conflictivas a la hora de pensar en soluciones.Los operadores de la red Bitcoin aún siguen firmes en el hecho de no querer un aumento en el tamaño de los bloques, lo que ha dado pie a muchas críticas por parte de la comunidad que demanda soluciones. Ejemplo de ello es el caso de SegWit, protocolo que actualmente no es respaldado por la mayoría de los mineros aunque ya tiene más de un año operativo.Sin embargo los programadores principales han vuelto a sacar el tema y con ello las propuestas para acumuladores dinámicos, pero no llegaron a ningún acuerdo en concreto.De acuerdo con Dryja, Utreexo tiene gran potencial pero aún hay mucho trabajo por hacer para que se convierta en una solución que satisfaga los criterios de la mayoría de los operadores.Fuente: News.Bitcoin.comVersión de Angel Di Matteo / DiarioBitcoinImagen de PexelsComentariosbitcoin, blockchain, escalabilidad, Lightning Network, solucion, Tadje Dryja, Utreexo, UTXOAdvertisements (adsbygoogle = window.adsbygoogle || []).push({}); The post Programador de Lightning Network trabaja en proyecto para mejorar la escalabilidad de Bitcoin appeared first on DiarioBitcoin.

8 hours ago

ETH USD Price Analysis: $111.00 Concerns Subdued Traders

Ethereum price expected to remain subdued below $126.00 level The $111.00 level is the major technical support area to watch Bearish head and shoulders pattern is weighing over the ETHUSD pair across various time frames ETHUSD Short-term price analysis In the short-term, the ETHUSD pair is likely to remain bearish while trading below the $126.00 level, which is a former key swing-high formed on the recent rally towards $160.00. The recent move towards the $160.00 level is now in danger of being a corrective rally from extreme oversold trading conditions, rather than the start of a meaningful trend. The $111.00 support area is the key area to watch for further losses in the ETHUSD pair, as it represents dual support from a key trendline and also the neckline of a large head and shoulders pattern with a $50.00 downside projection. A break below this key area and the ETHUSD pair will likely test towards at least the $80.00 level, with the actual bearish pattern suggesting a downward move could take place towards the $60.00 benchmark. Pattern Watch The four-hour time frame best illustrates the bearish head and shoulders pattern and how price is trading dangerously close to the key $111.00 area, alongside dual trendline support. Key short-term Levels 111.00 support - 126.00 resistance 106.00 support - 132.00 resistance 98.00 support - 150.00 resistance MACD The MACD indicator on the four-hour time frame is trending lower, however the recent decline has yet to spark a definitive move lower on the MACD. Traders maybe waiting for a key technical break to the downside and MACD line crossover before definitively shorting the ETHUSD pair. ETHUSD Medium-term price analysis In the medium-term the ETHUSD pair is bearish while trading below the $147.50 level, as the $147.50 level represents the ETHUSD pairs 100-day moving average, and also sits close to psychologically important $150.00 level. Price has been steadily declining since the ETHUSD pair met heavy technically selling just before the $160.00 level earlier this month. The large decline in the ETHUSD pair on January 10th was the highest volume seen for Ethereum this year on the daily time frame. A definitive break of the $111.00 to $147.00 range is likely needed before we see a strong return of trading volume and a return of large-scale speculative participation in the ETHUSD pair. As is apparent with Bitcoin, Ethereum is now trading at a critical juncture, where price can either recover to fresh 2019 trading highs from current levels, or crash to fresh multi-year lows. Pattern Watch The daily chart highlights the head and shoulders pattern formation, however, caution is still advised, as price is still making bullish higher highs. Confirmation is now needed for the bearish head and shoulder patterns neckline to break occur and price to make new monthly lower lows. Moving Average + Volume Price is deviating from it’s trading range between the 50-day and 100-day moving averages, as the BTCUSD pair attempts to break below the 50-day, which indicates increasing bearish momentum. Volume has been declining since the January 10th price drop, as illustrated by the volume indicator over a 20-day basis. Join the conversation on Telegram and Twitter! Decentral Media, Inc., the publisher of Crypto Briefing, is not an investment advisor and does not offer or provide investment advice or other financial advice. Nothing on this website constitutes, or should be relied on as, investment advice or financial advice of any kind. Specifically, none of the information on this website constitutes, or should be relied on as, a suggestion, offer, or other solicitation to engage in, or refrain from engaging in, any purchase, sale, or any other any investment-related activity with respect to any transaction. You should never make an investment decision on an investment based solely on the information on our website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an investment. The post ETH USD Price Analysis: $111.00 Concerns Subdued Traders appeared first on Crypto Briefing.

9 hours ago

Switzerland-Based Falcon Bank Launches Crypto Wallet with Fiat Withdrawals

Falcon Private Bank, a Switzerland-based bank, recently announced that it will support direct transfers and storage of cryptocurrencies. According to an official press release, private and institutional investors can now transfer a “selection” of cryptocurrencies to the bank’s “segregated Falcon wallets” and users have the option of converting cryptocurrency into fiat currency. Bitcoin, Bitcoin Cash, Ethereum, and Litecoin are supported and the bank is considering adding additional digital assets in the future. Falcon explained that all blockchain assets are “fully bankable” and cryptocurrency will be included in bank statements and tax reporting documents. (RS)

9 hours ago

ConsenSys Lists 12 Ethereum DApps That Can Make You Money

Enterprise Ethereum Company ConsenSys recently listed 12 decentralized applications (DApps) and platforms on the Ethereum network that are usable right now and that users can make money on. The list includes DApps for bounties and freelance work, lending and staking platforms, and prediction markets. The 12 DApps listed are as follows: #1 - Gitcoin This DApp provides an easy of monetizing or incentivizing work in open source software by letting contributors explore and work on existing bounties. Gitcoin has helped 763 unique coders reach 305 funders since November 2017. #2 - Bounties Network It helps users create bounties for any tasks with transactions using ETH and ERC-20 tokens. It has generated $400,000 in total bounties to date and has enabled asks from grassroots social action to freelancing opportunities, and anything in between. #3 - Cent Another bounty network, Cent is based on the idea that social networks run on content but don’t provide enough value to the content creators. Creators can share and connect using the platform with users calling themselves Centians and use the term ‘centing’ for putting a bounty on something. #4 - Ethlance The platform allows users to find work they like or can do. Compensation is paid in digital currencies while the platform doesn’t charge any fees to the users and allows an unlimited amount of jobs to be created. Users post jobs in IT, writing, web development, app development, and other such categories. #5 - MakerDAO CDP MakerDAO CDP (Collateralized Debt Position) allows users to borrow DAI using ETH. The ETH remains locked in a smart contract until the burrowed DAI is paid back. The dApp currently holds 1.80% of the total ETH supply in these unique smart contracts. #6 - ETHLend Using its native token LEND, users can enjoy zero-fee lending using smart contracts where digital assets are provided as collaterals. It is a subsidiary of Aave. The collateralized assets are stored in a non-custodian depository smart contract. This helps in providing added security on the network. #7 - Compound Finance Compound Finance allows users to supply their idle crypto holdings to its open-source protocol for money markets on the Ethereum network. The algorithmic markets adjust the interest rates users can earn depending on the demand and supply of available crypto assets. #8 - Dharma Another Ethereum-based lending and borrowing platform, Dharma comes with a wide range of smart contracts that let users approve ERC721 tokens as collateral for loans. They provide a relayer starter kit along with several tutorials for users to get started on the platform. #9 - Gnosis Gnosis Olympia allows users to make predictions and win GNO tokens every time they are successful. The alpha version of the platform is designed to let users try their hands at trading. They also have a developer contest called Gnosis X offering up to $100k USD value in GNO coins to the winners. #10 - Augur Augur lets users stake ETH and make predictions about a wide range of topics- ranging from elections to the price of a cryptocurrency. #11 - Pdotindex The price-weighted index brings unique derivatives based on celebrities. It is derived from speculative positions on the Augur markets and has indices based on basketball star LeBron James, pop singer Ariana Grande, and many others. #12 - Veil Veil is a derivatives platform and peer-to-peer prediction market that is built on Ethereum, 0x, and Augur. The 0X protocol is used to improve the trading process as it minimizes the number of transactions required for the market creation and cancellation process. Veil’s newest instant settlement feature allows users to settle before the market is finalized on Augur. The full detailed and original version of this list can be found on the ConsenSys Medium channel. ConsenSys Lists 12 Ethereum DApps That Can Make You Money was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

10 hours ago

Cryptobuyer lanza el primer cajero ATM Bitcoin de Venezuela

El dispositivo está ubicado en la ciudad de Caracas y comenzará a operar en las próximas semanas.*** (adsbygoogle = window.adsbygoogle || []).push({});El director de la plataforma de intercambio que opera en Venezuela, Cryptobuyer, anunció que la compañía inaugurará su primer cajero automático Bitcoin en el país sudamericano.En una entrevista realizada por la emisora Union Radio en Caracas, el director de Cryptobuyer, Jorge Farías, aseguró que la máquina ya se encontraba en el país:Vamos a instalar el primer cajero automático para el comercio de criptomonedas en Venezuela en el transcurso de las próximas dos semanas.Farías indicó que el equipo ya estaba ubicado en la que sería su sede física en la capital del país, y que por ahora, la compañía está ultimando pruebas para realizar su lanzamiento formal. El director de Cryptobuyer aseguró que en los próximos días publicarán más información al respecto a través de las redes sociales. No dio su localización exacta aún.Venezuela y el comercio con monedas digitalesLas operaciones con monedas digitales en el país sudamericano han permitido a los residentes sobrellevar la difícil situación económica que viven actualmente, ya que a razón del proceso hiperinflacionario que afecta a la moneda local y lo difícil que resulta acceder a divisas extranjeras por los mecanismos oficiales, las personas han optado por invertir en criptomonedas para proteger su poder adquisitivo y sustentar sus necesidades básicas.Actualmente el gobierno local impulsa la utilización de su propia moneda digital respaldada por el petróleo del país, el Petro, la cual es considerada por muchos como una estafa a razón de las muchas irregularidades presentes a lo largo de su historia, destacando especialmente la fijación arbitraria de sus precios en contra de los principios de los principales mercados internacionales.Criptomonedas como Bitcoin, Ethereum, Litecoin y Dash gozan de mucha popularidad entre los residentes del país, en especial para adquirir bienes y servicios que resultan extremadamente costosos al pagarlos con la moneda de circulación nacional.Más opciones además de LocalBitcoinsDe acuerdo con datos publicados por el portal CoinDance, Venezuela figura como el país con el mayor volumen de operaciones comerciales en la región a través de LocalBitcoins, plataforma que conecta a compradores y vendedores permitiendo el intercambio manteniendo a resguardo los activos.Sin embargo durante la semana del 12 de enero, gran cantidad de usuarios reportaron a través de las redes sociales un presunto bloqueo al portal perpetuado por los principales proveedores de Internet del país. Aunque la situación se normalizó, lo ocurrido puso en evidencia la necesidad de otras alternativas para comerciar con la moneda digital.Aunque en el país operan otras plataformas de intercambio, el acceso a algunas fue bloqueado por dictamen de los organismos gubernamentales, bajo acusaciones de promover el desarrollo de actividades que atentan contra la moneda local. Las que siguen operando con normalidad han tenido que reajustar sus políticas para seguir comerciando en conformidad con las reglas impuestas por el Estado.De momento se desconoce cuáles serán los marcos regulatorios a los cuales estarán sujetas las operaciones con la moneda digital a través del cajero, así como los límites fijados y los requisitos que deben cumplir los usuarios para poder comprar y vender saldos BTC en el cajero.Con información de Bitcoinist y CryptoglobeVersión de Angel Di Matteo / DiarioBitcoinImagen de web de Cryptobuyer Discutebitcoin, Bitcoin Venezuela, cajero ATM BItcoin, Cajero Automático, caracas, criptomonedas, Cryptobuyer, localbitcoins, VenezuelaAdvertisements (adsbygoogle = window.adsbygoogle || []).push({}); The post Cryptobuyer lanza el primer cajero ATM Bitcoin de Venezuela appeared first on DiarioBitcoin.

10 hours ago

New Year Brings New Offers: Bitcoin PR Buzz Announces Sales of Minimum USD 200

With a decade since Satoshi Nakamoto gave us Bitcoin, the industry has come a long way. Thousands of cryptocurrencies and nearly an equal number of platforms now exist, based on blockchain. With strong competition, a proper marketing and PR strategy can create the right buzz for a platform’s success Bitcoin PR Buzz: The Right Buzz Bitcoin PR Buzz, the oldest blockchain PR agency in the world, celebrates the new year by giving its clients discounts of up to USD200 on all PR packages during January. With over 5 years of experience, the firm has the right blend of expert writers, industry connections and marketing strategy to help bring the message to the right audience. The upgraded services guarantee not only press releases, but featured articles on the biggest crypto news platforms, such as BitcoinNews.com, CCN, Coinspeaker, The Merkle and Oracle Times. Bitcoin PR Buzz also caters to the Latin, Arab and Asian markets, through publications on Bitcoin News Latin America, Brazil, Arabia and Indonesia. Along aside from these, Bitcoin PR Buzz also publishes on other major news outlets such as Yahoo Finance, Reuters, NBC, Fox, WND.com, Boston Globe, Digital Journal and San Diego Tribune. Expanded Services Going beyond simple press releases and articles, Bitcoin PR Buzz spread its wings in 2018, by offering two new services: Professional Copywriting: Powered by a team of passionate writers, Bitcoin PR Buzz specializes in creating unique, professional looking articles that are top notch in quality and content. Each document goes through a quality and fact checking before being finalized to ensure every single work holds to the highest of standards. Social Media Management Services: Humans are a social being. Connecting with potential clients is made easy through Bitcoin PR Buzz’s university trained Social Media Manager who connects to people through major channels such as Facebook, Twitter and Instagram, among others. A biweekly update keeps clients aware at all times. New Year Sale Bitcoin PR Buzz had already reduced its pricing for up to USD 800 for all packages in its winter campaign last year, with options of publications to nearly additional 200 news platforms. The new year sees another 5% discounts on all packages. This means some services are offering a combined discount in excess of USD 1,000. Bitcoin PR Buzz makes it simple for platforms from every part of the world to access their services by accepting payments in Bitcoin, Ethereum, Litecoin, and many more Cryptocurrencies. About Bitcoin PR Buzz As the first blockchain dedicated press release agency, Bitcoin PR Buzz has served the crypto industry for over 5 years and has a list of satisfied and happy clients that exceed 600 in number. The agency has worked with some of the biggest names in the blockchain sector, such as LISK, ARK and UTRUST. The new discounts is a continued effort of the agency to provide affordable, reliable and fast paced services to the crypto community. For more information on the discounts, services and packages, visit the website or contact a UK based Account Manager. Follow BitcoinNews.com on Twitter: @bitcoinnewscom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: The post New Year Brings New Offers: Bitcoin PR Buzz Announces Sales of Minimum USD 200 appeared first on BitcoinNews.com.

10 hours ago

Sunday Slump: Are Bots Wreaking Crypto Havoc?

A precipitous drop in prices - like the one that happened yesterday - is bound to have a demoralizing effect on a market in the midst of a bear cycle. The market plunged at around 11:20 GMT on Sunday morning, as the total value of all cryptocurrencies fell by $6bn in little more than an hour. Bitcoin’s (BTC) market cap decreased by $3bn - $200 per coin - with both Ether (ETH) and XRP taking a $400m hit each. Out of the other notable cryptocurrencies, Bitcoin Cash (BCH) is down by $6; EOS by $0.10; Litecoin (LTC) down by $2. Stellar Lumens (XLM) was one of the least affected: it’s market cap fell by less than $100m. TRON (TRX) experienced a minor drop but has since recouped all of its losses, having surged in the past hour. What’s behind the fall? Sunday’s sudden drop took the market off-guard, in part because there’s no obvious cause to explain the decline. It does not appear to be a reaction to the Constantinople fork, which was delayed last Tuesday. Josh Bramley, the head of trading at crypto asset management firm BlockStars, says that yesterday’s “fast and aggressive” price movements had all the hallmarks of bot - or algorithmic - trading. “I strongly believe this market is full of algos [sic],” Bramley wrote in an email. “Bitcoin will go sideways on very low volume for a while then there would be a ‘random move’ which is not based on news or technicals.” He added: “I don’t buy into the idea it’s a big seller or buyer because we have a very large OTC market in crypto and if you were trading that on an exchange you would be more subtle.” “Fast and aggressive”. Bitcoin price action in the past month. Credit: CryptoCompare Algorithmic trading - ‘bots’ - is a computer based form of trading that has become commonplace in most financial markets in the last decade. They facilitate automatic orders, which are triggered by certain conditions or indicators in the market. These algorithms work fast and around the clock, making them ideally suited for frequent trading in multiple time zones. Bots have quickly replaced humans as traders in traditional markets. The Financial Times found that more than half of all equity trades in the US were executed by algorithms in 2018. They have also become widely used in crypto trading; many large firms already have them and some sites offer algorithms for retail investors too. But not everyone thinks Sunday’s slump can be quite so easily attributed to bots. Without discounting the idea, Mati Greenspan, senior market analyst at eToro, said it could have been a whale, or a “chain reaction” of stops and liquidations. In other words, he speculates, it could have been the result of a cascade of ‘sell’ orders, each triggered at a slightly lower market price. Are bots good for the market? The space is already “dominated” by algorithmic trading, Bramley says. But that’s not necessarily a bad thing: bots provide markets with volume and liquidity and determine price equilibriums. But in an immature market - like crypto - bots can also give traders the opportunity to profit from price disparities between exchanges. Otherwise known as arbitrage trading, bots excel at detecting price differences and exploiting them fully. Frank Wagner, CEO of INVAO, a blockchain asset pool, explains arbitrage trading as “very rapid buying and selling at precisely the right moment on different exchanges.” This practice, he says, also makes markets more secure, potentially attracting more institutional investors into cryptocurrency. Bramley thinks this key advantage will eventually lead to an evolution in the market: algorithms will take precedence over inexperienced retail traders. Existing bots will be superseded by more efficient bots as margins thin and the market matures. If trends continue, the majority of crypto trading may soon be limited to a few big firms locked in a constant algorithmic arms race. The Sunday slide is a perfect example of just how closely crypto is following the traditional markets. 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 Sunday Slump: Are Bots Wreaking Crypto Havoc? appeared first on Crypto Briefing.

10 hours ago

Cryptobuyer lanzó el primer cajero ATM Bitcoin de Venezuela

El dispositivo está ubicado en la ciudad de Caracas y comenzará a operar en las próximas semanas.*** (adsbygoogle = window.adsbygoogle || []).push({});El director de la plataforma de intercambio que opera en Venezuela, Cryptobuyer, anunció que la compañía inaugurará su primer cajero automático Bitcoin en el país sudamericano.En una entrevista realizada por la emisora Union Radio en Caracas, el director de Cryptobuyer, Jorge Farías, aseguró que la máquina ya se encontraba en el país:Vamos a instalar el primer cajero automático para el comercio de criptomonedas en Venezuela en el transcurso de las próximas dos semanas.Farías indicó que el equipo ya estaba ubicado en la que sería su sede física en la capital del país, y que por ahora, la compañía está ultimando pruebas para realizar su lanzamiento formal. El director de Cryptobuyer aseguró que en los próximos días publicarán más información al respecto a través de las redes sociales. No dio su localización exacta aún.Venezuela y el comercio con monedas digitalesLas operaciones con monedas digitales en el país sudamericano han permitido a los residentes sobrellevar la difícil situación económica que viven actualmente, ya que a razón del proceso hiperinflacionario que afecta a la moneda local y lo difícil que resulta acceder a divisas extranjeras por los mecanismos oficiales, las personas han optado por invertir en criptomonedas para proteger su poder adquisitivo y sustentar sus necesidades básicas.Actualmente el gobierno local impulsa la utilización de su propia moneda digital respaldada por el petroleo del país, el Petro, la cual es considerada por muchos como una estafa a razón de las muchas irregularidades presentes a lo largo de su historia, destacando especialmente la fijación arbitraria de sus precios en contra de los principios de los principales mercados internacionales.Criptomonedas como Bitcoin, Ethereum, Litecoin y Dash gozan de mucha popularidad entre los residentes del país, en especial para adquirir bienes y servicios que resultan extremadamente costosos al pagarlos con la moneda de circulación nacional.Más opciones además de LocalBitcoinsDe acuerdo con datos publicados por el portal CoinDance, Venezuela figura como el país con el mayor volumen de operaciones comerciales en la región a través de LocalBitcoins, plataforma que conecta a compradores y vendedores permitiendo el intercambio manteniendo a resguardo los activos.Sin embargo durante la semana del 12 de enero, gran cantidad de usuarios reportaron a través de las redes sociales un presunto bloqueo al portal perpetuado por los principales proveedores de Internet del país. Aunque la situación se normalizó, lo ocurrido puso en evidencia la necesidad de otras alternativas para comerciar con la moneda digital.Aunque en el país operan otras plataformas de intercambio, el acceso a algunas fue bloqueado por dictamen de los organismos gubernamentales, bajo acusaciones de promover el desarrollo de actividades que atentan contra la moneda local. Las que siguen operando con normalidad han tenido que reajustar sus políticas para seguir comerciando en conformidad con las reglas impuestas por el Estado.De momento se desconoce cuáles serán los marcos regulatorios a los cuales estarán sujetas las operaciones con la moneda digital a través del cajero, así como los límites fijados y los requisitos que deben cumplir los usuarios para poder comprar y vender saldos BTC en el cajero.Con información de Bitcoinist y CryptoglobeVersión de Angel Di Matteo / DiarioBitcoinImagen de web de Cryptobuyer Discutebitcoin, Bitcoin Venezuela, cajero ATM BItcoin, Cajero Automático, caracas, criptomonedas, Cryptobuyer, localbitcoins, VenezuelaAdvertisements (adsbygoogle = window.adsbygoogle || []).push({}); The post Cryptobuyer lanzó el primer cajero ATM Bitcoin de Venezuela appeared first on DiarioBitcoin.

10 hours ago

There Won’t Ever Be Only One Crypto, Says “True Bitcoin Maximalist”

Since alternative crypto assets began to garner traction in recent years, some of the Bitcoin (BTC) community’s most fervent leaders have come out to denounce “altcoins,” as they’re adamant that BTC is the crème de la crème. In fact, some so-called “maximalists” have taken their raison d’etre to extremes, claiming that any blockchain project accompanied by a token is an outright scam, joke, knockoff, or mischievous cash grab. As such, this subset of industry participants has claimed that crypto assets en-masse, save for BTC, will crumble to zilch over time. Yet, a blockchain developer of four years, who claims he’s the “only true Bitcoin maximalist left,” claims that the radical mindset is baseless, adding that a handful of cryptocurrencies will always exist. Related Reading: Charlie Lee’s ‘Own a Bitcoin Before Buying Altcoins’ Comment Sparks Crypto Tribalism Crypto Market Demands More Than Bitcoin Can Provide Bryce Weiner, a pro-crypto software engineer that formerly held stints at Reuters and Lockheed Martin, recently took to Twitter to tout why he doesn’t believe in pure, unbridled Bitcoin maximalism. Weiner, who has become a well-followed industry commentator, noted that from a fundamental point of view, consumers demand more from cryptocurrency and related technologies “than Bitcoin was EVER designed to provide.” He added that from a market standpoint, BTC is not only hard to mine but to purchase too — likely referring to the network’s high hashrate and inherent nature as a Store of Value (SoV). As such, considering the abundance, ease-of-access, and multi-faceted use cases of altcoins, demand is always likely to exist for cryptocurrencies (other than BTC). So, going against the “one ring to rule them all” narrative, Weiner simply stated that there will never be “only one” cryptocurrency. Bitcoin is hard to get. It's hard to mine and it's hard to buy. Altcoins are infinitely more accessible. The market demands more from cryptocurrency than Bitcoin was EVER designed to provide. There will never be "only one" cryptocurrency. Not ever. — Bryce Weiner (@BryceWeiner) January 19, 2019 The AltMarket founder went on to give Bitcoin’s supply limit some flak, noting that what gives cryptocurrencies “true financial power” is the ability to mint your own money, before subsequently lauding the Proof of Stake (PoS) consensus mechanism. Weiner then added that those marginalized “stand the most to benefit from this technology,” and as such, Proof of Work-based coins, like Bitcoin, are more targeted towards those that have “privilege.” On the other hand, staking-eligible coins and tokens will see adoption by the less privileged, creating further demand for alternative cryptocurrencies. The blockchain developer explained that the fact that altcoins haven’t capitulated to zero indicates that “the world hasn’t seen its fill of [cryptocurrencies] yet.” Although Weiner painted a somewhat optimistic picture for alternative cryptocurrencies, such as Ethereum and XRP, that’s not to say that Bitcoin can’t begin to regain market share. Bitcoin Has And Will Continue To Outperform In Bear Markets Since BTC entered a bear market in early-2018, the flagship cryptocurrency has begun to outperform its counterparts on the lower rungs of the proverbial crypto ladder. In fact, over 2018, Bitcoin’s market dominance rose from an all-time low of 32.5% to 58% by mid-December, as a mass of crypto assets tumbled into an abyss. And as the bear season hasn’t come to a head, pundits have predicted that Bitcoin will continue to eat at the aggregate value of all cryptocurrencies. Per previous reports from NewsBTC, A.T Kearney, a multinational management consulting firm, recently divulged that BTC could occupy sixty-six percent of crypto’s entire market capitalization during 2019. Backing its ~66% target, the company stated that altcoins have “lost their luster,” citing the growing presence of “risk aversion tactics” employed by retail investors. Kearney’s researchers are likely referring to investors’ growing penchant for holding their capital in Bitcoin, one of the only cryptocurrencies that have proven itself as 100% bonafide. Galaxy Digital founder Mike Novogratz, along with Fundstrat’s Tom Lee, also believe that Bitcoin’s share of this asset class will continue to swell. Novogratz, a former Wall Street giant, claimed that he didn’t expect for “BTC dominance to pull back any time soon,” claiming that the institutional focus on Bitcoin will put the asset in an advantageous prediction. Featured Image from Shutterstock The post There Won’t Ever Be Only One Crypto, Says “True Bitcoin Maximalist” appeared first on NewsBTC.

10 hours ago

‘Tron is no operating system,’ says Cornell Professor; Ethereum [ETH]’s Vitalik Buterin contributes

Emin Gün Sirer, a well-known cryptocurrency and blockchain technology influencer, made a remark against the ninth-largest cryptocurrency, Tron, on his official Twitter handle. The remark gained the attention of Vitalik Buterin, the co-founder of Ethereum Foundation, who also contributed to the criticism of Tron as well. The Cornell professor has always been best known for his contributions in peer-to-peer systems, operation systems, and computer networking. To add on, the professor developed SPIN kernel as a grad student and is also working on scalable protocols for sharding blockchains, along with Vitalik Buterin and Vlad Zamfir, one of Ethereum’s lead researchers. When Tron claimed itself to be one of the largest-operating systems in the world, the professor was quick to criticize it. He said: “I know Operating Systems. I have built Operating Systems. Tron is no Operating System.” He added: “Sirer’s Blockchain Rule #73: Anything billed as a “blockchain operating system” is an embarrassing mess.” This was soon followed with Vitalik Buterin contributing to the remark against Tron. He said on Twitter: “But what about legitimate blockchain operating systems like $AVA and $SUB? (I *think* that’s how one of the more recent twitter shilling tricks works...)” Vitalik Buterin further said: “The trick is to throw your coin into a list of other coins that you know the recipients of your shilling already approve of and get them to associate your coin as “one of the pack”. Also the dollar signs. The darned {{deity}}-awful dollar signs...” This is not the first time Buterin has spoken against Tron. The co-founder has had several face-offs with Justin Sun, the founder and CEO of Tron Foundation. Notably, the above statement made by Buterin seems to be related to one of the feuds with Sun. In December 2018, Sun commented on the Vitalik’s statement that the catalyst for the next bull run is going to be on useful applications, unlike the previous bull run which was driven by hype. Here, Sun stated that “Vitalik Buterin admits that the ETH led the 2017 bull run built on hype”. He further added that the next bull run is going to be led by Tron because of its massive dApps adoption and BitTorrent. This was soon met with Buterin’s dissent, who stated that the “anyone who puts a dollar sign followed by a ticker symbol in their tweet is basically a self-identified shill and not worth listening to.” The post ‘Tron is no operating system,’ says Cornell Professor; Ethereum [ETH]’s Vitalik Buterin contributes appeared first on AMBCrypto.

12 hours ago

EOS is a haven for decentralized exchanges

While Ethereum stalls, EOS has become a hub for decentralized exchanges says new report.

12 hours ago

EOS Releases New Version with Enhanced Transaction Speed, Reduced CPU Costs, & Lower Latency

EOS is working on improving the performance of its network considerably as it releases a new version that is seeing a 35% increase in transaction speed and enhanced tooling for improving the smart contract development. Improving the Performance “EOS is doing what it promised to do,” Alisa Gus from WISHKNISH recently said in part about EOS. There has been ongoing developments to improve the performance of the EOSIO in order to make it the fastest protocols on the market. The major focus in the version EOSIO V1.6.0 has been on the substantial increase in performance for applications of the software. These new updates will increase the efficiency of real-time transaction throughput and peer-to-peer networking layer that would ultimately enhance the overall transaction speed. The official announcement reads, “Our own internal benchmark tests show upwards of a 35% increase in likely transaction speed when using token-transfers-per-second as our base case.” This benchmark involved testing the new versions on a private network with results showing “noticeable improvements to sustainable transactions per second, reduced CPU costs, and lower latency on all EOSIO based blockchains.” Moreover, the EOSIO.CDT V1.5.0 is enhanced tooling for Smart Contract Development. This new tooling is aimed at improving the simplicity of creating, developing, and testing EOSIO smart contract development. Eosio-init, a new tool was introduced in (#317) which generates a template for smart contract development. “It creates a new binary within EOSIO that builds a basic structure for you to more easily get started with smart contract development.” Meanwhile, Tron is working on beating EOS and Ethereum at the Dapp game as it continuously adds Dapps on its network at a fast pace. On the price front, EOS is currently trading at $2.38 with close to 1 percent gains in the past 24-hours. However, the fifth largest cryptocurrency is expected to see a growth of over 75 percent at $4.68 by year-end as per Finder’s prediction. “EOS has a bright future ahead. However, it may be another year or two before it starts to fully gather adoption,” stated one of the panelists, Ben Ritchie from Digital Capital Management. The post EOS Releases New Version with Enhanced Transaction Speed, Reduced CPU Costs, & Lower Latency appeared first on Coingape.

12 hours ago

Tron [TRX] is no operating system, says Cornell Professor; Ethereum [ETH]’s Vitalik Buterin contributes

Emin Gün Sirer, a well-known cryptocurrency and blockchain technology influencer, made a remark against the ninth-largest cryptocurrency, Tron, on his official Twitter handle. The remark gained the attention of Vitalik Buterin, the co-founder of Ethereum Foundation, who also contributed to the criticism of Tron as well. The Cornell professor has always been best known for his contributions in peer-to-peer systems, operation systems, and computer networking. To add on, the professor developed SPIN kernel as a grad student and is also working on scalable protocols for sharding blockchains, along with Vitalik Buterin and Vlad Zamfir, one of Ethereum’s lead researchers. When Tron claimed itself to be one of the largest-operating systems in the world, the professor was quick to criticize it. He said: “I know Operating Systems. I have built Operating Systems. Tron is no Operating System.” He added: “Sirer’s Blockchain Rule #73: Anything billed as a “blockchain operating system” is an embarrassing mess.” This was soon followed with Vitalik Buterin contributing to the remark against Tron. He said on Twitter: “But what about legitimate blockchain operating systems like $AVA and $SUB? (I *think* that’s how one of the more recent twitter shilling tricks works...)” Vitalik Buterin further said: “The trick is to throw your coin into a list of other coins that you know the recipients of your shilling already approve of and get them to associate your coin as “one of the pack”. Also the dollar signs. The darned {{deity}}-awful dollar signs...” This is not the first time Buterin has spoken against Tron. The co-founder has had several face-offs with Justin Sun, the founder and CEO of Tron Foundation. Notably, the above statement made by Buterin seems to be related to one of the feuds with Sun. In December 2018, Sun commented on the Vitalik’s statement that the catalyst for the next bull run is going to be on useful applications, unlike the previous bull run which was driven by hype. Here, Sun stated that “Vitalik Buterin admits that the ETH led the 2017 bull run built on hype”. He further added that the next bull run is going to be led by Tron because of its massive dApps adoption and BitTorrent. This was soon met with Buterin’s dissent, who stated that the “anyone who puts a dollar sign followed by a ticker symbol in their tweet is basically a self-identified shill and not worth listening to.” The post Tron [TRX] is no operating system, says Cornell Professor; Ethereum [ETH]’s Vitalik Buterin contributes appeared first on AMBCrypto.

12 hours ago

Reddit User says Apollo Currency (APL) is a Massive Scam just meant to make its Founder Rich

A fork of NXT cryptocurrency known as Apollo (APL) has been called out by a Reddit user who said the founder is only using the cryptocurrency for a pump and dump. He also added that the cryptocurrency is nothing but NXT with a different name. According to the Reddit user known as RozzyPoffle, the cryptocurrency community which has several “brainwashed” fans is very strict against any question or discussion that may expose the scam behind APL. he listed a few questions, examples of which can get you kicked off the Telegram group. Here they are. -“The price is up 700% in a week. I think I might take some profit in case it drops” -“Isn’t the privacy of this coin exactly the same as NXT? Can someone explain how it is any better?” -“Why do you keep banning people for asking legitimate questions?” (followed up with response from an admin “These ‘questions’ are just FUD on NXT’s tech...these people just want to see the project fail”. - “How do you plan to implement sharding in Q1 when there is no code in the Github for it yet?” - “You guys think the privacy of this coin is really better than Monero?” To make things worse, RozzyPoffle claims the founder of the crypto project Steve McCullah has no university degree or any other qualification that makes him capable of starting a project like APL. as a result, he has changed his social media profiles many times to avoid being found out. APL claims to have features of privacy, smart contracts and other features that make other cryptocurrencies unique but the cryptocurrency does not have even one of such features, RozzyPoffle claims. He also added that the codes underlying the cryptocurrency are just NXT codes with very insignificant changes that don’t make APL any different from NXT. RozzyPoffle gave a few reasons why the APL cryptocurrency project should be considered a threat to the cryptocurrency ecosystem. “First, APL itself has been pumping parabolically recently and the APL team is fueling this pump as hard as possible. They are actively telling people word-for-word to load their bags now, we’re going to be $1/APL soon (above Ethereum and Ripple in market cap) because we make them obsolete, and more.” It is unfortunate that this kind of “scam” is coming at this time and the crypto community is falling for it. From this report, the victims are actually the ones defending the project from any form of criticism, saying such criticisms cause FUD among them. Here is the full post on Reddit for you to get the complete picture. The post Reddit User says Apollo Currency (APL) is a Massive Scam just meant to make its Founder Rich appeared first on ZyCrypto.

12 hours ago

94% of the Current Top 100 Tokens Are Based on Ethereum

Bitcoin may be the overall king of the crypto hill, but Ethereum holds its own title as the most popular platform for digital tokens. As of press time, 94 of the top 100 tokens by market cap run on the Ethereum platform, according to CoinMarketCap.

12 hours ago

Ninety-Four Percent of the Current Top 100 Tokens Are Based on Ethereum

Bitcoin may be the overall king of the crypto hill, but Ethereum holds its own title as the most popular platform for digital tokens. As of press time, 94 of the top 100 tokens by market cap run on the Ethereum platform, according to CoinMarketCap.

12 hours ago

Block.one Lists 4 Reasons Why Developers and Enterprises Are Choosing the EOS Blockchain

The EOSIO blockchain protocol published by Block.one has only existed for seven months but is already the home of 260 projects. The EOSIO-based projects provide a host of blockchain based software solutions in healthcare, social network, payments, marketplace, gaming, and many more categories. EOSIO looked to explain why decentralized applications are being built on their blockchain, and why other blockchain apps are migrating to the EOSIO. They explained why it EOSIO is becoming popular amongst enterprises and developers alike in a new Medium blog post. According to EOSIO, there are four reasons why the EOSIO network has become a favored choice for blockchain apps. These include speed, cost, sustainability, and scalability. They stated that EOSIO is the most used blockchain software in the world to date and that the dApps built on their network provide real-world utility as well. Here are the four reasons EOSIO give on why applications are being built on their platform: #1 - Scalability Some existing blockchain systems do not scale enough to handle the needs of a business- which may process thousands of transactions per second for its customers. EOSIO’s public network can process more than 4,000 transactions per second, making it 200x faster than its closest competitor. On private networks, these speeds can increase substantially, helping businesses achieve the speeds they need. #2 - Speed EOSIO applications come with lower latency rates compared to other blockchain platforms. It helps EOSIO blockchain apps work like regular, non-blockchain services. Alex Casassovici, founder of the gaming network Azarus noted: “With EOSIO, users can interact with the blockchain without having to know how it works.” EOSIO further stated: “This is key to driving mass adoption of blockchain technology, as it amplifies the unique benefit of blockchain without compromising existing conditions that all users take for granted, such as speed and convenience.” With the latest EOSIO v 1.6 implemented last week, the network can achieve better performance and speed. The release was announced by the company in a recent blog post: “Our own internal benchmark tests show upwards of a 35% increase in likely transaction speed when using token-transfers-per-second as our base case.” #3 - Low Cost The blockchain network doesn’t have a transaction fee which means that EOSIO apps are free to use. This helps users get rid of complicated transaction fees which are common in first generation blockchains. For developers, such low costs mean that operating an EOSIO network doesn’t cost them more than maintaining a traditional server. #4 - Eco-friendly Blockchain tech has been frequently criticized for its environmental effects. Bitcoin, for instance, needs more energy to run its network than Singapore uses. The EOS blockchain uses Delegated Proof of Stake (DPoS) instead of Proof of Work (PoW) as a consensus algorithm. This helps in making the blockchain network 66,000 more energy efficient compared to Bitcoin and 17,000 times better than Ethereum, according to calculations by Genereos. Block.one Lists 4 Reasons Why Developers and Enterprises Are Choosing the EOS Blockchain was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

12 hours ago

TRON Records 2x Increase in Price Since November, What Caused it?

Tron has become an exception in a long-running bear market of cryptocurrencies. The decentralized blockchain protocol experienced a twofold surge in the value of its native token TRX. Between November 20, 2018, and January 18, 2018, the TRX/USD pair rose from 0.0132 to 0.0249, according to CoinMarketCap.com. In the same timeframe, the Bitcoin price dropped 18.37%, from $4474.58 to $3,652.50 while TRX’s closest competitors Ether and EOS experienced 18.39% and 33.42% worth of losses in US Dollars, respectively. Source: CoinMarketCap.com The surge assisted TRX to maintain its position among the top ten cryptocurrencies. Tron’s total market capitalization at press time touched $1.67 billion, as confirmed by CoinMarketCap.com’s aggregated data. What Made Tron’s TRX Rise Earlier this month, Tron’s founder and CEO Justin Sun announced that they would soon launch BitTorrent Token (BTT). Sun revealed that BTT would “create a token-based economy around the usage of networking, bandwidth, and storage” in BitTorrent’s file-sharing system. The 28-year old entrepreneur also said that with BTT, BitTorrent’s 50 million global users would automatically adopt blockchain. He also confirmed that TRX holders would receive some stakes in BTT, a reason why Tron’s token’s demand increased dramatically. 250$ BTT Giveaway for 100 Members - Follow Us- Retweet - Comment BTT Winners will be chosen randomly in 10 days Good luck everyone!$ETH $TRX $BTT $BNB pic.twitter.com/oktnJqjwPg — BitTorrent (@BitTorrents) January 18, 2019 What also helped Tron was a flawlessly handled marketing. Sun made a lot of noise when they acquired BitTorrent for $60 million. He kept appearing across public boards via interviews and Twitter to build a solid marketing campaign. And every word Sun wrote or said during these three months projected Tron as the world’s biggest cryptocurrency project. This is BIG, an ICO for @BitTorrent with 100M users and nice concept for token economics - lead by @Tronfoundation who bought @BitTorrent and partnering with @binance . I promised myself I wont invest in any ICOs for a while, but its interesting... smart move from $TRX... #myidea https://t.co/VVrEBWqxBY — Yoni Assia (@yoniassia) January 17, 2019 For instance, Sun claimed that Tron could confirm transactions faster than Ethereum and EOS. He announced a $100 million fund for developers who run their decentralized apps on Tron’s network. He even went ahead to call a Chinese internet giant Baidu its partner while, in reality, Tron was only a customer to Baidu’s cloud computing services. Nevertheless, every announcement made by Sun met with positive response from traders. TRX price rose as much as marketing maintained the token’s hype. Criticism Simon Morris, who was an executive at BitTorrent for ten years, confirmed that Tron could not handle the number of transactions they needed to tokenize BitTorrent. He clarified that his team had started building the blockchain project before Tron acquired it. “It seems they’re going in the same direction [as our plan],” Morris told Breaker. “But what’s very clear is that they are going to say they are going in the same direction, come what may, because that’s what Tron does; it’s [basically] a marketing machine layered on a very thin veneer of technology.” Ryan Selkis, chief executive officer at researcher Messari Inc., told Bloomberg: “A lot of people wrote off Tron as all hype/marketing and no substance, but they made a lot of noise with the BitTorrent acquisition, and now I think it’s an open question of whether they will be one of crypto’s most high profile ‘fake it til you make it’ success stories.” The post TRON Records 2x Increase in Price Since November, What Caused it? appeared first on NewsBTC.

12 hours ago

3 Blockchain Conferences You Don’t Want to Miss in 2019

Blockchain conferences are an excellent mechanism to meet, greet, learn and perhaps, most importantly - network. Whether you are a crypto-startup looking to attract new waves of investment, an innovative developer hoping to showcase your talent to the masses or just looking to meet like-minded individuals that share the same ethos as your product or brand, blockchain conferences can facilitate these goals with ease. While 2018 was a massive hit for blockchain conferences worldwide, 2019 looks set to continue the trend. Here we explore three of the most notable conferences lined up for 2019 that we think you should consider attending. Japan Blockchain Conference (JCB) Yokohama Round 2019 - 30-31 January 2019 What better place to start than one of the most crypto-friendly nations around? Not only did Japan become the first country in the world to regulate Bitcoin in the very same way that it does its domestic financial service industry, but the Japanese Yen now accounts for more Bitcoin trading volume than any other currency, at a remarkable 47% of the market. Moreover, with more than 200,000 Japanese stores now accepting Bitcoin and other cryptocurrencies as a means to purchase goods and services in-person, the Asian-powerhouse are taking real-world adoption to the next level. As such, the Japan Blockchain Conference is set to be one of the most notable to date. Hosted by the Global Blockchain Association, Japan Blockchain Conference facilitate a range of leading Japanese companies that are looking to enter the space, and the presence of multiple high-profile speakers will ensure that the event is a must-see opportunity. This includes the likes of Charles Hoskinson from Cardano - a project that is well regarded in the blockchain community for utilizing the expertize of leading academics, with the aim of ensuring the long-term sustainability of the cryptocurrency eco-system. Joining Hoskinson is Ken Kodama of Japanese-based Emurgo, John McAfee, and bitcoin believer and VC investor Tim Draper. Consensus 2019 13-15 May 2019 - New York Coindesk - who are often seen as the leading hub for cryptocurrency and blockchain technology news and developments are set to launch the 5th edition of their Consensus Conference. Being held at the Sheraton New York Times Square and New York Hilton Midtown, Consensus will play host to a range of industry professionals from the within the blockchain space. This will include delegates from investment firms, academic institutions, exciting startups, and policy groups. Across three days of networking, it is believed that the Coindesk Consensus will facilitate the attendance of more than 8,800 people. While Coindesk are still keeping tight-lipped on their line-up if their 2018 edition is anything to go by, it looks set to be another heavyweight event. The Coindesk Consensus has grown exponentially since its inception in 2015, which saw just 400 attendees. Since then, the event has attracted significant year-on-year growth, with 2019 being no exception. 4th annual DC Blockchain Summit 6-7 March 2019 - Washington The DC Blockchain Summit is now in its 4th edition, with the event set to re-open its doors on 6-7th March 2019. In what the conference labels as ‘Advocating for the future of blockchain’ the main concept behind the DC Blockchain Summit is to bridge the gap between the crypto-world, with that of the policy community. Such discussions are paramount if Bitcoin and other cryptocurrencies are to gain global adoption. Without the collaboration and support of policymakers, real-world adoption will be hindered. As such, the DC Blockchain Summit is the “Ground zero for many of these discussions.” To illustrate the seriousness of such a conference, there is set to be a range of speakers from within the political community. This includes the likes of U.S. Republicans Tom Emmer, Bill Foster, and David Schweikert, who collectively make up the Congressional Blockchain Caucus. On top of this, there will also be an in-flux of representatives from the Chamber of Digital Commerce, such as Amy Davine Kim, Paul Brigner, and Perianne Boring, who all hold senior roles at the organization. Outside of the regulatory community, Brad Garlinghouse, CEO of leading cryptocurrency Ripple, will also be making an appearance. Blockchain conferences all around In conclusion, while the likes of the Japan Blockchain Conference, Consensus Coindesk and DC Blockchain Summit made our list of the three most unmissable conferences in 2019; others missed out by only a smidgen. Whether it’s from a regulatory, policy, technological, investment, development or all-around cryptocurrency perspective, 2019 looks set to be the year for blockchain conferences. From Japan to the U.S, Malta, Singapore, Australia, Russia and many, many other locations hosting notable events this year, which conference will you be attending? The post 3 Blockchain Conferences You Don’t Want to Miss in 2019 appeared first on CryptoPotato.

12 hours ago

Altcoins Daily Preview: Jan 10 Losses Weighing Heavily on Stellar Lumens (XLM) and Cardano (ADA)

Latest Cardano News Wyoming may be dry, cold and with cheap power but that’s where Cardano will call home. Their shifting from Japan and establishing bases here comes at a time when the state better known for their allowing businesses to pay 16 types of taxes with crypto—via BitPay and their openness—the state has more LLCs than any other state, is putting forth a bill-Digital assets-existing law, that will better place cryptocurrencies in a path towards advancement and eventual legalization of cryptos. Read: Yahoo co-founder Jerry Yang says blockchain “natural technology for banks and trading” But we must understand that existing policies lack clarity. That’s why the proposal sponsored by a Bit-Partisan Republican Senator Tara Nethercott seeks to properly classify digital assets as well as allow banks to offer custodial solutions. As reported by Forbes, the senator had this to say: “Wyoming is an innovative and forward-looking State that is open for business. We are excited for what the future holds and want to continue taking the lead with shaping the future of business. The time is now to provide the pathway for blockchain and cryptocurrencies and Wyoming has the nimbleness and responsiveness to the needs of these industries to respond accordingly to the growing and adapting landscapes of cryptocurrency” Also Read: Why the BitTorrent (BTT) Token Sale Will Be Like No Other Note this though, banks won’t have control of your assets and because they operate as Qualified Custodians meeting the demands of the SEC, your assets won’t be classified as deposits but as under assets under administration. Then again, these approved custodians can operate from all the 50 US States. 1/ TWEETSTORM about #Wyoming’s BIG REVEAL. This is long & info-packed, so buckle in. My native state is about to do bigger things for #blockchain, & the sector is about to pay Wyoming back big-time. Win-win! @Tyler_Lindholm @SenatorDriskill @TraceMayer @ForbesCrypto pic.twitter.com/gP4oWtTmJj — Caitlin Long (@CaitlinLong_) January 18, 2019 ADA/USD Price Analysis At tenth, ADA is quite stable in the last week but down 6.7 percent in the last day. Regardless, the trend is clear over the near-term. Although ADA is under immense pressure against the USD. Nonetheless, bulls may drive prices above 6 cents in the medium-term. It’s easy to see why. The trend is positive sloping and despite yesterday’s strong sell pressure, prices didn’t sink below the minor support trend line or the double bar bull pattern of Jan 14. This is bullish and as long as prices are above Dec 28 lows of 3.6 cents as laid out in our last trade plan, ADA prices may expand towards 6 cents. However, before loading up, we recommend patience until after there are strong gains above 5 cents. After that, traders can buy at spot prices with stops at 4 cents with first target at 6 cents. On the flip side, any drop below 4 cents could see ADA losses increase towards 3 cents. XLM/USD Price Analysis To reiterate our previous layouts, XLM is trading in a bear breakout pattern against the USD. Immediate resistance—previous support is at 15 cents. Therefore, if this pattern is to be reversed as XLM bulls initiate a momentum build up reversing losses of Nov 2018, prices must rally above 15 cents. Before then, aggressive traders must wait for a close above Jan 14’s highs of 11 cents. That will be the foundation for a potential rally. If not and yesterday’s losses trigger a slide in line with Jan 10 losses, prices might drop below Dec 2018 lows 8 cents as XLM melt towards 2.5 cents. All charts courtesy of Trading View—Streams from BitFinex and Bittrex This is not investment advice. Do your research. The post Altcoins Daily Preview: Jan 10 Losses Weighing Heavily on Stellar Lumens (XLM) and Cardano (ADA) appeared first on Ethereum World News.

13 hours ago

BitcoinNews.com Ethereum Market Analysis 20th January 2019

Throughout the week, Ether price traded in the 10% range. After a sharp growth which gave hope for a continuation of the trend, movement consolidation began and the same sharp fall was observed. If we analyze the marginal positions of buyers and sellers, the impression is that buyers were more confident throughout the consolidation except for today. Margin positions of buyers weren’t visible and a harsh position closure happened when the price began to fall sharply. In general, it looks like an attempt to build a trend. Sellers have a completely different situation. With any sharp upward movement of sellers, positions sharply closed. Only today, after yesterday’s attempt by buyers to continue the growth that ended with the test of USD 132, sellers tried to break through the price range of USD 115-120, as detailed in the previous analysis. Sellers created a flawed breakthrough in order to beat buyers from marginal positions. However, we could not observe this breakdown in other exchanges, so we will not take it into account in the analysis. As far as the consolidation has not been broken yet and formed over the price zone of USD 115-120, there is a high probability that buyers will be able to keep the price and continue to grow from the price range of USD 115-120. On 3D timeframe, it is clear that buyers are interested in this price zone and the fall is suspended. However, if the fall of BTC continues, then there is a possible scenario of the continuation of the fall for ETH to USD 100-103 too. In this price zone, there is the basis of the “double bottom” figure which was formed before the growth on 17 December 2018. If buyers can keep this price zone, it will be a good signal for buyers to confidently continue to grow. Also, in this price zone, sellers will adjust growth from 17 December 17 to 78.6%. To maintain growth after the first impulse on 17 December, this is an allowable correction. If we disassemble the correction in detail, namely the wave Y which consists of waves a, b, c, then at a price of USD 103, the wave c = 0.618 * a: Therefore, at the moment, there are two scenarios for us which differ only at the end point of the fall. The main target of growth after the correction is USD 250. Temporary stop is USD 160 and USD 200. The former is a critical point for our scenario. We will closely monitor how buyers are approaching this price to understand how high the chances are to continue to grow. Hence, we are waiting for the completion of correction and active actions by buyers in the form of large volumes and aggressive candles! Follow BitcoinNews.com on Twitter: @bitcoinnewscom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Bitcoin News The post BitcoinNews.com Ethereum Market Analysis 20th January 2019 appeared first on BitcoinNews.com.

14 hours ago

Bitcoin Price Analysis: BTC Wild Cards, $3,500 Last Frontier

Latest Bitcoin News That environmentalists are always on Bitcoin case is appalling. Why not ambush traditional banking set ups whose carbon footprints are on par oil sector players? The more they critic the network-even going to lengths of comparing facilitators as miners as environmental enemies, the more we have reasons to believe that their green energy campaign is not only sponsored but to some extent too over-simplistic. Energy use is not a problem, it is a feature. Not only is it what makes Bitcoin work, it can possibly help with green energy adoption. Bitcoin mining can make otherwise unprofitable energy production methods, profitable! — bitcoinpasada (@bitcoinpasada) January 14, 2019 Read: If Bitcoin (BTC) Breaks 3700 USD, It Could Boost the Crypto Markets, CryptoSync Analyst Says True, chipsets powering and security the network are power hungry but at the same time, miners are nomads and mostly after profits. The cost of power is never cheap and varies from jurisdiction to jurisdiction. In their bid to remain profitable-even as prices plummet, some—and this is the trend—set up rigs powered by renewable energy. Today, 77% of the energy use on the #bitcoin network is coming from renewable energy sources. Whereas before, it was nearly all coming from non-renewable energy sources. — Boomerang Capital Inc (@BoomerCapital) January 16, 2019 Meanwhile, cryptocurrency use is on the rise and a metric that better measures this increase other than price is the number of active Bitcoin ATMs. Yes, we may have Apple Pay, Google and Samsung, but we cannot discount the impact of Bitcoin. Also Read: Bitcoin (BTC) ATMs Boom Amid Crypto Rout According to coinatmradar.com, there are 4,000 Bitcoin ATMs around the world with most in operation in Europe and the US. Others are found in Japan. More than 2,000 are found in the US and one advantage Bitcoin has over traditional banking set up is that users can buy any BTCs at any time. Then again, there are some which dispense cash meaning the unbanked can receive cash from anywhere in the world without going through the hassle of opening a checking account. Bitcoin (BTC/USD) Price Analysis Generally, the market is optimistic and after 80 percent plus losses in 2018, chances are prices will bounce back to $6,000 levels before bear pressure resume. It is for this reason why despite BTC prices closing against the USD by close of last week, we still hold a bullish outlook. At spot rates, BTC is down four percent in the day as sellers aim to reverse Jan 14 and 19 gains. Trend and Candlestick Arrangement: short term bullish, Breakout In the short-term, buyers have a chance. It’s easy to see why. Our position is rooted on the double bar bull reversal pattern of Dec 16-17. The pattern was confirmed and with clear resistance at $4,500, the correction completes a bull flag with possible support between $3,500 and $3,700 or the 38.2 percent and the 78.6 percent Fibonacci retracement levels. Already yesterday’s losses did pierce through the first support at $3,700. BTC may break if there are further drawdowns below $3,500. Volumes: Low, Bearish A stand out in our analysis is Jan 10 double bar bear reversal pattern and dark cloud cover pattern. Behind Jan 10 losses were high volumes—35k—right off $4,500 main resistance which is also our buy trigger. Current averages stand at 14k—less than Dec 17 of 35k. It’s straight forward, if bulls are to reinvent themselves, then volumes must surge above 35k hinting of underlying demand. Before then, it is likely that prices will snap back to consolidation. All charts courtesy of Trading View—BitFinex This is not investment advice. Do your research. The post Bitcoin Price Analysis: BTC Wild Cards, $3,500 Last Frontier appeared first on Ethereum World News.

14 hours ago

Innovations include the upgrade of Ethereum Virtual Machine ...

Innovations include the upgrade of Ethereum Virtual Machine (EVM) with faster speed, LLVM support, RPC schema, chai… https://t.co/eDW21KxA5j

16 hours ago

Ethereum Price Decline Allows XRP’s Market Cap to Increase its Advantage

Following another rather bearish week, it is not entirely surprising to see the Ethereum price fall further. Although some users expected the $120 level to be supported, that is not the case after all. As of right now, the main question is whether or not $115 will be reached and breached. It seems the Constantinople fork delay has caused some dismay among investors, but that is only to be expected. Ethereum Price Woes are not Over Yet As long as Bitcoin remains in a slump, the rest of the markets will follow its lead by example. That is not entirely abnormal by any means, as most other currencies, tokens, and assets directly derive their current value from Bitcoin. Ethereum is no exception in this regard, even though this token is doing something very different from the world’s leading cryptocurrency. Even so, it cannot escape the grueling bearish trend which keeps all markets in its grip right now. Over the past 24 hours, the Ether value has continued to plummet at a somewhat alarming rate. A net 6.423% loss in USD value is present at the time of writing. There is also a 1.8% deficit in ETH/BTC to contend with. As long as Ethereum doesn’t note any gains on Bitcoin, its USD value will not shift in the green either. A new infographic shared by Datalight is pretty interesting to keep an eye on. Although it has fallen well behind Bitcoin in terms of Twitter activity, it barely remains ahead of XRP. That latter part may prove to be very interesting to keep an eye on. XRP Remains ahead of Ethereum in terms of market cap, primarily because the asset keeps its losses in check, whereas Ethereum is bleeding value all over the place. It seems that @ethereum’s delayed update has grinded some gears of Twitter community. pic.twitter.com/amd2e24BWU — DataLight (@DataLightMe) January 18, 2019 Although the following price chart seemingly has nothing to do with Ethereum, the reality is very different. It has become more than apparent the future Ethereum value will heavily hinge on what happens to the BTC/USD ratio in the near future. WhaleTank Crypto seems to indicate there will be further bearish pressure on Bitcoin moving forward, which doesn’t bode well for Ethereum either. An interesting week looms ahead. #XBTUSDBitMex 4HFormed Falling wedge.Still have room to fall to 3450.Long scenarion will be activated if price will pass 3600 on BitFinex and hold above it.#bitcoin #btc #bitcoins #eth #ethereum #xrp #binance #crypto #cryptosignal #cryptosignals #cryptotrade #cryptotrader pic.twitter.com/nrLdSzW1XE — WhaleTank Crypto (@WhaleTankTrade) January 21, 2019 When looking at the actual Ethereum chart itself, it would appear the current momentum can take the value in either direction. With sufficient liquidity, a breakout shouldn’t be impossible to achieve, but it seems the token cannot regain value on Bitcoin itself right now. Even so, these markets all behave in very odd fashion more often than not, thus no one will know what comes next. $ETH is in an interesting spot. Has picked up that liquidity to the next logical step would be above red #crypto #ethereum #cryptocurrency pic.twitter.com/jz3W5GbmGz — Run The Stops (@werunthestops) January 21, 2019 Based on all of these circumstances and developments, it seems unlikely Ethereum’s value will return to $120 anytime soon. At the same time, a drop to $115 or lower isn’t guaranteed either. These markets are extremely volatile first and foremost, which makes them both appealing and somewhat frightening at the same time. One thing working in Etheruem’s favor is the trading volume, yet its market cap continues to lose ground compared to XRP’s. That in itself is another interesting trend to keep an eye on over the coming weeks. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Ethereum Price Decline Allows XRP’s Market Cap to Increase its Advantage appeared first on NullTX.

16 hours ago


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