Ethereum ETH

$178.30
Market Cap $ 18.406 Bn (#3)
24h Volume $ 2.468 Bn
Chg. 24h: -0.36%
Algo. score 3.9/5  (#69)
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Ethereum News

Ripple Price Analysis: XRP/USD Holding Its Ground Despite Market Selloff

Ripple is keeping its head above the bottom of the ascending channel visible on the 4-hour chart as bulls continue to defend support. XRP has overtaken ethereum in the top two spots of cryptocurrency rankings based on market cap thanks to its resilience so far. The 100 SMA is above the longer-term 200 SMA on this time frame, confirming that the path of least resistance is to the upside or that the climb is more likely to resume than to reverse. Price seems to be finding dynamic resistance at the 100 SMA, though, but closing above this could draw more bullish momentum in. This channel support lines up with an area of interest or a former resistance turned support zone where buyers had likely been waiting. RSI is turning higher to indicate that buyers are starting to regain the upper hand. This oscillator has a lot of ground to cover before reaching the overbought zone, which suggests that bulls could have enough energy for a move to the channel top at .5800 or the middle around .5300. Stochastic is also heading higher to confirm that buyers have control at the moment. This oscillator is nearing the overbought area, however, so there may be some bullish exhaustion soon. Cryptocurrencies have tumbled to yearly lows on account of the uncertainty related to the “civil war” of the Bitcoin Cash hard fork. The community is struggling to reach a consensus on which version to support, with one winning the hash wars and the other preferred by investors based on volume and price. Investors are wary that this similar issues could come up for other digital assets at some point, hence the liquidation of some holdings leading up to the upgrade. Ripple, however, has managed to hold its ground as prospects seem brighter as the focus has been on positive developments like official support from Coinbase Custody. Images courtesy of TradingView The post Ripple Price Analysis: XRP/USD Holding Its Ground Despite Market Selloff appeared first on Live Bitcoin News.

8 minutes ago

No Recovery Bounce As Crypto Markets Remain Crushed

FOMO Moments Crypto markets are still on the floor; Stellar, BAT and Ox recovering, BCH and BNB still falling. There has been no recovery or rally from Wednesday’s crypto rout which resulted in almost 30 billion dollars being wiped out. Markets remain depressed as we end the week and are still languishing at their lowest levels this year. Bitcoin appears to have found its new trading level for the time being which is around $5,600. BTC could not muster any momentum over the past 24 hours and is currently trading at $5,620 after dropping to another yearly low of $5,360 last night. Ethereum is also depressed pulling back a miserly one percent to take it just below $180. This has prevented ETH retaking second spot in the market cap charts. Altcoins are slowly starting to recover but only one or two are making any progress in the top ten at the moment. Stellar is leading the way with a 7.5% gain on the day to $0.245, XRP is also recovering a little with over 4% added on the day. The rest are immobile with Bitcoin Cash still dropping despite its successful hard fork and hash power victory. Tron, Iota and Bitcoin Gold are making the best progress in the top twenty but gains are small at around 3%. The rest are moving a percent or two aside from Binance Coin which has lost more ground falling back another 2% today. The altcoin getting the fomo treatment at the time of writing is WAX which has pumped 17% since the same time yesterday. Also recovering well today are the two recent Coinbase listings, BAT and 0x both regaining 10 and 13 percent respectively. Predictably dumping today is yesterday’s pump token, Nasdacoin dropping 13%. Total cryptocurrency market capitalization is still at $185 billion and showing no real signs of recovery yet. A new yearly low was hit yesterday when markets slumped to $175 billion. As trade volume levels off this seems to be the new plateau for now, however if the bulls do not wake up soon another slide could be inevitable. FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals. The post No Recovery Bounce As Crypto Markets Remain Crushed appeared first on NewsBTC.

9 minutes ago

Cardano Price Analysis: ADA/USD Could Resume Losses Below $0.062

Key Highlights ADA price fell sharply and traded below the $0.0700 and $0.065 supports against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.0640 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to decline once again if sellers push the price below the $0.0620 support. Cardano price tumbled recently against the US Dollar and Bitcoin. ADA/USD is currently recovering, but upsides are capped near $0.0640 and $0.0675. Cardano Price Analysis In the last analysis, we discussed the chances of more losses below $0.0720 in cardano price against the US Dollar. There was a sharp decline in bitcoin and Ethereum recently, which pushed the ADA/USD pair below $0.0700. The price tumbled and broke many supports like $0.0650 and $0.0620. There was even a break below $0.0600 and the price settled below the 100 hourly simple moving average. The price traded as low as $0.0580 and later started an upside correction. It moved above the $0.0600 level and the $0.0620 pivot level. There was also a break above the 23.6% Fibonacci retracement level of the recent decline from the $0.0774 high to $0.0580 low. However, the upside move was capped by the $0.0650 resistance. Moreover, there is a key bearish trend line formed with resistance at $0.0640 on the hourly chart of the ADA/USD pair. Above the trend line and $0.0650, the next major resistance is near $0.0675. It represents the 50% Fibonacci retracement level of the recent decline from the $0.0774 high to $0.0580 low. The chart indicates that ADA price recovered nicely from the $0.0580 low. However, the price is currently facing a lot of hurdles near $0.0640 and $0.0650. If buyers fail to push the price above $0.0650 or $0.0675, there could be a fresh decline below $0.0620 and $0.0600. Hourly MACD - The MACD for ADA/USD is about to move back in the bearish zone. Hourly RSI - The RSI for ADA/USD is currently just below the 50 level. Major Support Level - $0.0620 Major Resistance Level - $0.0650 The post Cardano Price Analysis: ADA/USD Could Resume Losses Below $0.062 appeared first on NewsBTC.

40 minutes ago

Crypto Whale Moves $618 Million in Bitcoin, Plus Ripple and XRP, Ethereum, Tron, EOS, Bitcoin Cash: Crypto News Flash

From a multi-million dollar Bitcoin whale to Ethereum 2.0 and a unique new way to buy XRP, here’s a look at some of the stories breaking in the world of crypto. Bitcoin Whales are on the move in the wake of this week’s disruption in the Bitcoin and cryptocurrency markets, raising questions about potential big-time […]

an hour ago

XRP and Stellar (XLM) Continue To Thrive Amidst Market Turmoil

By now, the entire crypto-verse is aware of the crypto market turmoil that was ignited by the Bitcoin Cash (BCH) Hash Wars that are still ongoing. The two different camps aligned to Bitcoin Cash ABC and Bitcoin Cash SV have been blamed for causing the value of Bitcoin (BTC) to drop significantly in a time period of fewer than 48 hours. Further checking the charts, we find that the top ten coins have also suffered significantly save for XRP and Stellar (XLM). XRP and XLM prove resilient in current market conditions. Source, Coinmarketcap.com XRP’s Unique Situation The digital asset known as XRP has once again edged out Ethereum (ETH) from the number 2 spot and looks set to hold on to the position. The difference in market capitalization between the two assets now stands at around $639 Million. A few theories have been put forth as to why XRP is thriving amongst all the chaos. Firstly, the xRapid payment solution that uses XRP is up and running thus creating a constant demand for XRP in the markets. Further checking the 24 hour trade volume, we find that $1.245 Billion in XRP was traded yesterday, November 15th. The trade volume of XRP currently stands at $869 Million at the moment of writing this. To understand how the trade volume has increased since the Bitcoin Cash Hash War begun, the volume of XRP that was traded on Monday the 12th of November, was around $320 Million. Secondly, XRP has a thriving community actively supporting, using and trading the digital asset. The Canadian based Coinfield exchange has XRP as a base currency. We also have the XRP centric exchange known as XRP United. XLM Not Left Behind Further analyzing Stellar (XLM) we find that the digital asset is up 6.3% in the last 24 hours. A major driving force for this gain can be attributed to the pending listing on Coinbase. Many crypto traders are optimistic that XLM is the next digital asset to be listed on the prominent American exchange. With BAT having been listed 2 weeks ago, many believe XLM is only days away from an announcement from Coinbase. There is also the additional crypto traders theory that when XRP experiences some market action, XLM is sure to follow suit. In conclusion, we have observed that both XRP and XLM have continued to thrive as the rest of the digital assets are yet to recover from the effect of the Bitcoin Cash hash war. What are your thoughts on the gains observed by both XRP and XLM? Please let us know in the comment section below. Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post XRP and Stellar (XLM) Continue To Thrive Amidst Market Turmoil appeared first on Ethereum World News.

an hour ago

Ripple climbs to second place amidst the chaos in the markets

After the carnage that wrecked the markets with Bitcoin sinking to significantly low figures this week, the top three tokens in terms of market cap has seen a reshuffle. Bitcoin remains as the number one cryptocurrency, however, it fell below $5,400 USD which is a figure that has been unprecedented this year. The token has remained relatively stable for the last few months, hovering between $6200 USD and $6300 USD but has dipped to range around $5600 USD. At the time of writing, Bitcoin is selling for $5,622.11 USD with a market cap of $97,7 billion USD. While other tokens are seeing blinding red, Ripple is heading in the other direction. Snagging the second position, Ripple has knocked Ethereum into third place and is up in day-on-day trading by 3.73%. As seen below, Ripple’s XRP is yielding a market cap of $19 billion USD while Ethereum is bearing an $18,5 billion USD market cap. This is not the first time that Ripple has leapt up in position. In September of this year, the two cryptocurrencies were contending for the second position. Data taken from CoinMarketCap.com The crashing market and major sell-off has been attributed by several figures to the hardfork that Bitcoin Cash is going through. Meltem Demirors of Coinshares, for example, said that “[any] time there are hard forks things tend to trade weird and strange, so [she thinks] people are trying to take some risk off the table”. As reported yesterday, a very plausible reason for the Bitcoin plummet is the confusion and fear, uncertainty, and doubt (FUD) that is surrounding the controversial split of Bitcoin Cash which is driving price and leaving the market shaken. The post Ripple climbs to second place amidst the chaos in the markets appeared first on Coin Insider.

an hour ago

Ether Mining no Longer Profitable as Hashrates Decline

Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one. Crypto enthusiasts will remember the euphoria...Read More....

2 hours ago

Ethereum Price Analysis: ETH/USD Remains Sell On Rallies Near $186

Key Highlights ETH price found support near the $165 level and later recovered slightly against the US Dollar. There was a break above a short term bearish trend line with resistance at $173 on the hourly chart of ETH/USD (data feed via Kraken). The pair could trade above $180, but it could face a strong resistance near the $186 level. Ethereum price is currently consolidating against the US Dollar and bitcoin. ETH/USD is likely to face a strong resistance near the $186 and $190 levels. Ethereum Price Analysis Yesterday, we saw a major downside move below the $170 level in ETH price against the US Dollar. The ETH/USD pair traded as low as $165 and later started a short term recovery. It moved above the $170 and $175 levels and later started consolidating in a tight range. The price also moved above the 23.6% Fib retracement level of the last decline from the $208 swing high to $165 low. More importantly, there was a break above a short term bearish trend line with resistance at $173 on the hourly chart of ETH/USD. The pair is currently struggling to clear the $180 resistance area. Above $180, the next resistance is near the $186 level. It represents the 50% Fib retracement level of the last decline from the $208 swing high to $165 low. Therefore, if the price continues to move higher, it is likely to face a strong selling interest near $180 or $186. A close above $186 may open the doors for a push towards $200. Looking at the chart, ETH price is showing positive signs above the 170 level, but it won’t be easy for buyers. On the downside, an initial support is at $172 followed by $170. If there is a break below the recent low of $165, the price could drop to $160. Hourly MACD - The MACD is currently placed in the bullish zone. Hourly RSI - The RSI managed to move above the 50 level. Major Support Level - $170 Major Resistance Level - $186 The post Ethereum Price Analysis: ETH/USD Remains Sell On Rallies Near $186 appeared first on NewsBTC.

3 hours ago

Ripple Price Analysis: Ripple Reclaims The Number 2 Ranked Position Ahead of Ethereum

Ripple has seen a solid 24 hour trading period as the rest of the market sinks. It has seen an increase in price totaling 3.40% over the last 24 hours as the currency now trades at the $0.4736 handle, at the time of writing. Key Highlights: Ripple has managed to weather the overall cryptocurrency storm. The project has recently taken over Ethereum to claim number 2 rankings. Support moving forward; $0.4702, $0.45, $0.4091, $0.3825, $0.3429, $0.30, $0.2478. Resistance moving forward; $0.50, $0.5317, $0.5933, $0.6378, $0.70, $0.7345, $0.7866, $0.8612 Ripple has succeeded in taking over Ripple in the number 2 ranked position in market cap rankings. It currently holds a $19.51 billion value market cap after the 63-month-old project sees a strong 90 day period as price action increased by over 32% The market is now trading at a value that is 86% lower than the all-time high price. Let us continue to analyze price action for Ripple over the short term and proceed to highlight any potential areas of support and resistance. Ripple Price Analysis XRP/USD - SHORT TERM - DAILY CHART Chart Source by Tradingview Analyzingg price action from the short term perspective above we can see that ripple had found a strong form of support at a downside 1.618 Fibonacci Extension level (drawn in red) priced at $0.2478 during September 2018. The market used this position to remain above the $0.25 handle. Toward the end of September, we had seen a meteoric rise when price action began at a low of $0.2528 and rose to a high of $0.7978. This was a total increase of over 210% from low to high. We can see that price action has since retraced from this high and has continued to decline until dinding support at the short term .786 Fibonacci Retracement level (drawn in green) priced at $0.3825. The market downturn rebounded from this level and started to rise to a high just above $0.50. We can also see that price action was relatively unscathed during the market collapse yesterday. Price action dipped to support at a low of $0.4091 provided by the downside 1.272 Fibonacci Extension level (drawn in red) before bouncing and closing back above $0.47. Moving forward, if the bulls progress to push price action higher within this market we can expect immediate resistance above to be located at the $0.50 handle followed by the .5 Fibonacci Retracement level (drawn in green) priced at $0.5317. Further resistance above this level can then be located at the .382 Fibonacci Retracement level priced at $0.5933. If the buyers can persist to push market action above the resistance at $0.63. handle we can then expect higher resistance to be located at the 1.272 and 1.414 Fibonacci Extension levels (drawn in blue) priced at $0.7345 and $0.7866 respectively. The last level of resistance above to highlight is the 1.618 Fibonacci Extension level (drawn in blue) priced at $0.8614. On the other hand, if the sellers re-enter the market and push price action lower we can expect immediate support below to be located at the downside 1.272 Fibonacci Extension level (drawn in red) priced at $0.4091 followed by the .786 Fibonacci Retracement level (drawn in green) priced at $0.3825. The post Ripple Price Analysis: Ripple Reclaims The Number 2 Ranked Position Ahead of Ethereum appeared first on Coingape.

3 hours ago

How to Actually Participate in a Blockchain Network (and be Rewarded for it!)

Many popular blockchains of the current generations have problems with centralization, scalability, and unfairness regarding reward distribution. Bitcoin is dominated by Chinese mining pools, Ethereum becomes congested every time a popular ICO or dApp gets launched, and EOS is too centralized, allowing its block producers to do whatever they want with the network. To cut it short, every major blockchain has a flaw. In the long run it is possible that someday all flaws will be fixed, but currently, those who want to use any of the aforementioned blockchains stumble upon these restrictions. So why do they exist in the first place and how can we overcome them? Thanks to the Howtotoken Agency experts for the information and comments provided for this topic. Decentralization trilemma: what to choose? According to Vitalik Buterin, every blockchain can achieve only two out of three particular traits at any one time: scalability, decentralization, and security. There are three major consensus models, three different algorithms of agreement between nodes in a blockchain network, and so far only two models have been employed. These employed models are: Proof-of-Work - Currently used for Bitcoin, Ethereum, and countless other cryptocurrencies. This combines security and decentralization, but it can’t scale because its security relies on hardware resources and the whole network must process one transaction at the time. The transaction is considered final when all nodes have agreed on it. The scalability for PoW means dividing the processing of transactions and the resources between these nodes, thus decreasing security. When you divide a network to X sectors, it’s X times easier to overtake the processing of one of many transactions and insert a faulty one, thus corrupting the whole blockchain. That’s why PoW scalability is currently impossible. Delegated Proof-of-Stake - This one can scale successfully, but it’s not decentralized, and its naming clearly indicates why. The only important resource in a dPoS network is tokens, which mean votes. All network participants who own native tokens should vote for delegates, the main operators of the network, nodes, and processing transactions. Various networks have a different number of delegates, but it’s a finite number anyways. Lisk has 101 delegates, NEO has 13 nodes, and EOS has 21. The necessity to reach a consensus between a small number of nodes speeds up the process of block producing, that’s why dPoS blockchains are fast. But we just can’t call them decentralized. These are the two consensus models, each one with its own weakness. Are these the only flaws? Nope, we’re just getting started. Bitcoin, the kingdom of ASICs. Anyone who’s familiar with crypto probably knows what an ASIC is - a special chip for mining. Bitcoin’s mining pools dominate the network, having 81% of all resources, and most of them use ASICs. There are three consequences to this: An ordinary user can’t vote on changes and has no financial resources to compete with giant mining farms. An ordinary user doesn’t have any motivation to enter this space because he/she knows that they have no chance at getting the mining reward. All rewards go to miners who find blocks and the chance of finding the block is highly dependant on hash power (the amount of power produced by the miner’s hardware), and it also requires some luck to find it. So most network participants have no chance of receiving any coins, even if they endlessly mine blocks. It’s centralized. Most of the mining power is located in China. The combined hash power of the three large mining pools - BTC.com, AntPool and ConnectBTC - owned by one company, Bitmain, is near 51%, which makes the network vulnerable to the well-known 51% attack. Of course, Bitmain (who recently filed for an IPO) doesn’t want to attack the network, because a successful attack would mean the failure of Bitcoin, but a decentralized network shouldn’t place its trust on any given entity or it’s no better than a banking system, right? Anyway, that doesn’t stop it from dictating its will upon the whole network; for example, mining an outdated type of block that are generated faster by their own hardware than the regular blocks. Is this decentralization? Ethereum, the kingdom of slow kitties. Ethereum should be a decentralized smart contracts platform for a myriads of applications that are uncontrolled by any entity, but the truth is that the platform simply can’t handle it. It gets congested every time any significant application, such as CryptoKitties, attracts many users or every time a major ICO is conducted. That is the bottleneck problem of all PoW systems. Bitcoin also has it, but it’s used rather as a store of value, digital gold, so it doesn’t need to have overwhelming transaction speeds. Ethereum is a platform that fails to be a fast platform. It’s currently working on solutions to scale, but it will scale only by 2020. It might not be a problem for developers,

3 hours ago

Ripple Price Analysis: Will XRP Eventually Usurp Bitcoin’s Throne?

Yesterday XRP overtook Ethereum and claimed the #2 spot on CoinMarketCap. Is Bitcoin next? Market Overview It’s too early to determine whether the market has ‘recovered’ from yesterday’s unannounced slaughter. Despite this, analysts and savvy traders will be looking to see if any altcoins set a precedent by dislodging from the downturn caused by BCH and BTC. Perhaps as the BCH-ABC/BCH-SV civil hash war wraps up we’ll see a new leader emerge from the chaos? While XRP did take a knock during yesterday’s pullback, it wasn’t as extreme as BTC 00, and we feel like this warrants further inspection. XRP turned bearish, but it remains better situated when compared to its contemporaries. Bitcoin appears to be consolidating under $6,000 and perhaps a market-wide oversold bounce could bring the cryptocurrency and its neighbors above the most recently notched yearly lows but what is interesting is XRP’s possible dislodging from BTC. Daily Chart Last week XRP moved above an important barrier at $0.50 and topped out slightly above $0.55. This was a significant achievement considering that XRP had been stuck in the $0.40s for about 18-days. In mid-September, XRP traded near $0.26 and a slew of frequent partnerships, adoption announcements and possible accumulation by institutional partners appear to be supporting the gradual price increase. It’s clear that XRP followed the general direction of the market and sharply declined from $0.51. There are support levels at $0.460 $0.44 and $0.40 and former supports at $0.50 $0.486 are now acting as resistance. XRP spent the day consolidating toward the 23.6% Fib retracement level at $0.46 and the 50% Fib level has served as a rejection point. The current outlook remains bearish but given the strength of the mid $0.40s supports an entry near $0.41 to $0.43 could possibly turn a quick profit if the market bounces back over the next week. Stoch and RSI still angled down with the Stoch dipping into oversold territory but given the oversold state of the entire market, this setup appears less extreme when compared to BTC and ETH. XRP appears to be dislodging from BTC and analysts are already attempting to determine which tokens will lead the market forward in the event of continued malaise from Bitcoin. Regardless of one’s personal philosophy regarding centralization and decentralization, XRP has held fairly steady while other tokens were crushed during this week’s surprise correction. Day traders will probably find the $0.43 to $0.50 range quite lucrative. [Disclaimer: The views expressed in this article are not intended as investment advice. Market data is provided by Bitfinex. The charts for analysis are provided by TradingView.] Why do you think XRP will quickly rebound to $0.50? Share your thoughts below! Images courtesy of Shutterstock, Trading View. Market data sourced from Bitfinex. The post Ripple Price Analysis: Will XRP Eventually Usurp Bitcoin’s Throne? appeared first on Bitcoinist.com.

3 hours ago

Scam alert ! A fake email is announcing a new ICO. Do NOT se...

Scam alert ! A fake email is announcing a new ICO. Do NOT send ANY funds to the ETH address linked to this scam ema… https://t.co/6Wce0jiUfS

4 hours ago

Litecoin Price Analysis: LTC/USD Remains Sell Near $45

Litecoin price declined further below the $40.00 level against the US Dollar. LTC/USD is currently correcting higher, but it could face sellers near $45.00. Key Talking Points Litecoin price extended declines and spiked below the $40.00 handle (Data feed of Kraken) against the US Dollar. There was a break above a short term consolidation pattern with resistance at $42.10 on the hourly chart of the LTC/USD pair. LTC price could correct further, but it is likely to face resistance near the $44.00 or $45.00 level. Litecoin Price Forecast Yesterday, we saw a major decline below the $50.00 support in litecoin price against the US dollar. The LTC/USD pair fell significantly and traded below the $46.00 and $44.00 support levels. Looking at the chart, LTC price recently extended declines and spiked below the $40.00 handle. A new yearly low was formed at $39.62 and the price is now trading well below the $48.00 pivot level plus the 100 hourly simple moving average. Recently, the price recovered and moved above the $40.00 and $41.00 levels. There was also a break above the 23.6% Fib retracement level of the last decline from the $50.00 swing high to $39.62 low. More importantly, there was a break above a short term consolidation pattern with resistance at $42.10 on the hourly chart of the LTC/USD pair. The pair is currently consolidating near the $44.00 resistance with a few positive signs. However, there are many resistances on the upside near the $45.00 level. Above $45.00, the 61.8% Fib retracement level of the last decline from the $50.00 swing high to $39.62 low is likely to act as a major hurdle near the $46.00 level. Therefore, if the price corrects higher, it will most likely struggle near the $45.00 or $46.00 resistance level. On the downside, an initial support is at $42.00, below which the price may revisit the $40.00 level. Overall, litecoin price is slowly recovering, but it could complete the current correction wave near the $45.00 or $46.00 level, and later resume its decline. The market data is provided by TradingView. The post Litecoin Price Analysis: LTC/USD Remains Sell Near $45 appeared first on Ethereum World News.

4 hours ago

@CM_X_CM @crypto_wakko Now that Ethereum trading has launche...

@CM_X_CM @crypto_wakko Now that Ethereum trading has launched on the exchange, we are ready to move on to the next… https://t.co/uWt4UjUqYu

6 hours ago

Bitcoin (BTC) Price Analysis: Potential Pullback Zone

Bitcoin sold off sharply yesterday but is now finding support at the bottom of its falling wedge formation. A bounce could take it up for a pullback to the nearby resistance area, which lines up with the top of the wedge. Applying the Fib retracement tool on the latest swing high and low shows that the 61.8% level lines up with this area of interest. This also coincides with a former support area around the $6,000 mark where short-term buyers might be looking to book profits off a quick bounce. RSI has reached the oversold region to signal that sellers are feeling exhausted and could use a break. However, the oscillator would need to turn higher to indicate a return in bullish momentum. Stochastic has a bit more room to fall before reflecting oversold conditions, which means that sellers might still have enough energy left in them. Bitcoin has tumbled below key support areas on prevailing uncertainty related to the Bitcoin Cash hard fork. The digital asset is still in the middle of a “mining war” as the community is struggling to reach a consensus on which version to support. This could lead to the existence of two separate versions of the cryptocurrency, leading investors to worry that this type of issue might also arise at some point for bitcoin. With that, it’s understandable that the concerns have led retail and institutional investors to take some money off the table and wait for the situation to settle. Of course FUD has led other sellers to join in for fear of further declines in bitcoin price. Analysts have warned that it could take months to undo this recent slide. Although bulls continue to defend these current levels, it’s a bit worrisome that yearly lows are being tested, which means that this might be the line in the sand. The post Bitcoin (BTC) Price Analysis: Potential Pullback Zone appeared first on Ethereum World News.

6 hours ago

[Product Launch] We're paving the way for businesses to use DAI

Dear MakerDAO community, At Gilded we surveyed hundreds of businesses that are interested in using cryptocurrency. Their top two concerns were: 1. Uncertainty about government regulations 2. Volatility # Volatility We're huge fans of the DAI stablecoin because it presents the absolute best solution to crypto volatility. Now that one of the biggest barriers to cryptocurrency adoption has a solution, Gilded seeks to promote adoption by launching a DAI invoicing tool for businesses. With Gilded you can create an invoice priced in fiat currency and request payment in DAI. We use the Request Network smart contracts to provide lots of cool functionality like payment processing, partial payments, refunds, and more. If you'd like to see how it works, here's an [invoicing demo](https://www.youtube.com/watch?v=vRV7CxSWMMw&t=5s) showing the entire process. # Uncertainty about government regulations Granted, we aren't exactly in a position to solve this problem on our own. But we CAN at least make it easier to comply with government regulations by helping companies keep track of their crypto finances. That's why Gilded is also launching a crypto bookkeeping solution with full support for DAI. # Gilded public beta Here's a [1 min demo video](https://youtu.be/nXCFNeSPuYg) showing off the main features of Gilded: Over the next couple weeks we will offer our crypto bookkeeping and invoicing system free of charge in a public beta period. We'll use this time to collect feedback and resolve any remaining issues with the current functionality. After that, we will charge a subscription fee (paid in crypto) for access to Gilded, with tiers based on the number of transactions managed by our system. If your business has an interest in DAI, we encourage you to [sign up](https://gilded.finance) and give us a try. For the next few weeks Gilded is free of charge while we collect feedback and sort through any remaining issues. # Up next We have many more DAI-focused features in the works, including: * Ridiculously easy DAI / ETH conversion powered by Kyber Network * Fiat onramp powered by Wyre * Recurring DAI payments powered by 8x Protocol We hope to launch these solutions before the end of the year, or in Q1 2019 at the latest. # Conclusion We have seen quite a bit of interest in our crypto bookkeeping and invoicing product from companies in the blockchain space. We have already signed on our first paying customers and hope to add many more before the end of the year. Feel free to ask any questions you have about our product, business model, etc. If you or anyone you know has an interest in using Gilded, feel free to private msg me or contact us through the Intercom widget on our website. Thanks!

6 hours ago

MetaMask, The Most Popular ETH Wallet, Passes 1.3 Million Downloads

The popularity of Ethereum (ETH) in the crypto world is undisputed. It’s sparked an entire ecosystem off of it, including popular wallets like MetaMask. ETH is the native coin of the Ethereum… Continue reading "MetaMask, The Most Popular ETH Wallet, Passes 1.3 Million Downloads"

8 hours ago

Ripple Market Cap Overtakes Ethereum Amidst Market Shakeup

Amidst the turmoil in the cryptocurrency market, the order of dominance has also been shaken up. At the time of writing, Ripple is currently sitting in the number 2 spot by total market cap, ahead of Ethereum by roughly $700 million. The two well-known projects have been jockeying for the number 2 spot for the past several months as the bear market has persisted, and this recent drop appears to have given XRP the upper hand for the time being. It will be interesting to watch how this plays out over the coming days, weeks, and months as the crypto market attempts to regain its footing. (JF)

8 hours ago

We spent the last few months building Lake Trade - A beautiful, ZERO-FEE decentralized trading platform powered by Ethereum and 0x. We'd love the ETH community's feedback!

Hey fellow buidlers and hodlers 👋 For the past few months, we've been working around the clock on building a ZERO-FEE decentralized trading platform called Lake Trade, where you can trade directly out of your Ethereum wallet. We're super excited to finally launch it on Reddit! We've built this on Ethereum and the 0x protocol, and designed it from the ground up to be secure, fast and user-friendly. Building on 0x gives us immediate, **shared liquidity** with the 0x network, which means you can start trading today and see real volume on our platform. https://i.redd.it/2kpo1i7s3ly11.jpg ## Try Lake Trade now! [http://trade.lakeproject.co](http://trade.lakeproject.co/) ## It's not perfect, here's what to expect: * Centralized exchanges will have higher liquidity * Trade execution is slower but improving (they're getting pretty good!) * You will need to pay Ethereum gas fees (significantly less than most exchange fees) * We maintain an open order book, we do not match trades directly like centralized exchanges * Unfortunately for compliance reasons we currently do not support the US (We're working on this, but it takes time and money) Now, you might be thinking: "Not another relayer - what's so special about this one?" ## Here's what makes Lake Trade great: * **Zero-Fee Trades** \- We believe in creating things of value, not paywalls * **Millions $ in Volume** \- We have shared liquidity with the 0x network * **Trade Popular ERC-20 Tokens** \- DNT, BAT, REP, REQ, OMG and more! * **User-Friendly & Powerful** \- We built an intuitive and beautiful platform for trading ERC-20 tokens, with more to come (margin trading, derivatives) * **Portfolio features** \- So far we've implemented charts to show the allocation of your balances, with other analytics on our roadmap * **Trade From Your Wallet** \- No signups. We support Metamask, with Ledger and Trezor support soon! * **Real Customer Support** \- We ACTUALLY have customer support with live chat or email # Lake Trade is one piece of our vision - We're aiming to build Finance 2.0 **For the first time in history, we have a technology that enables us to build a globally inclusive, frictionless, and peer-to-peer financial system**: one that enables us to trade value directly with each other, all while having full custody of our assets and money. By harnessing this new technology and building the right tools, we can create markets that are more transparent, inclusive, efficient and user-centric. To get there, we need to build a decentralized financial stack. As a team, we are determined to be at the forefront of building secure, user-first products that empowers people to preserve their wealth, trade seamlessly, and do commerce globally at low cost. https://i.redd.it/7gcde5aw3ly11.jpg ## To realize this new future, we need to work collaboratively with regulators As I'm sure everyone's aware by now of EtherDelta's SEC charges. This obviously has implications for the Lake Project and our trading platform. We believe it's crucial to build a cooperative relationship with regulators, and work together to build meaningful progress and to advance adoption of cryptocurrencies. To do that, we are doing our best to be compliant with securities laws and applicable regulations. To be compliant, we're taking the following steps: 1. We have a due diligence process in place to ensure we list only utility tokens. We do **not** list any security tokens 2. We have built blacklist capabilities to prevent access to our trading platform for regions where it's illegal to trade the tokens listed on Lake Trade 3. We've put terms and conditions in place to reflect these regulatory requirements where applicable 4. We're actively talking to industry experts and legal counsel on best steps forward to be compliant ## What's Next? Automatic Investing powered by our A.I. The often overlooked piece in Finance 2.0 is wealth preservation and growth. We need tools that anyone can take advantage of, at significantly lower costs than traditional investment options today. With our team's deep expertise in data-science and AI, our next goal is to build an AI-driven investment fund **available to anyone, anywhere**. We've already made good progress on the AI, and we've begun rigorous back-testing to ensure performance. We'll be posting more updates on this as we do more comprehensive testing with our AI. If you want to stay connected, please subscribe to our mailing list on our website at [http://lakeproject.co](http://lakeproject.co/) ## Help us build a next-generation Open Financial System We're on a mission to build great products that empower people all over the world to make the right economic decisions for their needs. Lake Trade is just the beginning, and we have more ideas we're exploring. Please leave a comment with your constructive feedback and we'd be happy to work with everyone to fix any issues, build out new useful features, or help tackle other challenges in the

8 hours ago

Daily Berminal Brief: Crypto Market Begins to Show Signs of Recovery

Following the large, rapid drop in prices yesterday that left many scratching their heads as to the cause, they crypto market is beginning to show signs of stabilization and recovery among some of the stronger projects. Bitcoin is currently trading at $5,646, a decrease of 1.24% on the 24-hour chart, while Ethereum is down 0.31% and trading at $180.84. Out of the recent market carnage, a new coin has burst into the top 100 as Nasdacoin (NSD) is now ranked #68 following a 70.13% increase on the 24-hour chart with a 24-hour trading volume of more than $1.3 million. (JF)

9 hours ago

Dogecoin (DOGE) and Basic Attention Token (BAT) Showcase First Recovery Motives

Following Bitcoin’s BTC last value plunge against the US Dollar, altcoins as traditionally acted similar to the leader’s performance and dived below major important levels which were supporting the prices for months now. Bitcoin (BTC) Crash! Price Plummets to One-Year Low as Cryptocurrency Market Sees Red Per time of writing, the pair XRP is one of the only in the green out of the leading coins after its latest movements have raised questions if Ethereum is losing its second position by market capitalization to XRP once and for all. However, two coins which are taking center-stage very often lately: DogeCoin and BAT or Basic Attention Token, are welcoming a positive increase of 4.05% and 2.15% against the USD in the last 24-hours. With the move, both virtual assets are changing hands above the weekly declining trend that has taken over the market. Source: coinmarketcap Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain. - basicattentiontoken.org BAT has been designed to bring efficiency in the marketing and advertising industry. The digital token, BAT is exchangeable among publishers, advertisers as well as users. With the attempt to clear fraud, trackers and middlemen, the blockchain adoption in the marketing industry including similar projects to BAT which are being developed is rising on a higher scale day by day. Following Coinbase’s listing of BAT on Coinbase Pro, after being teased in the summer that the leading cryptocurrency exchanging platform is experimenting around with a few of the leading digital assets, Circle Invest declared that it is adding BAT. BAT is launching on Coinbase Pro! Starting at 1pm PT today, customers can transfer BAT into their Coinbase Pro account. Traders can deposit BAT, but cannot place or fill orders. Order books will remain in transfer-only mode for at least 12 hours. https://t.co/31wbi09uyx pic.twitter.com/2YC7xtOjuI — Coinbase Pro (@CoinbasePro) November 2, 2018 Latest Doge Salt Lending platform has announced that it is listing DOGE under collateral for loans via a medium post that was posted also on their official twitter handle. Such Wow. https://t.co/FQId8Tf9Dr pic.twitter.com/P1KDENmzPW — SALT (@SALTLending) October 19, 2018 The post Dogecoin (DOGE) and Basic Attention Token (BAT) Showcase First Recovery Motives appeared first on Ethereum World News.

10 hours ago

Hedge Fund Manager: The Bitcoin And Crypto Market Disruption Is Nothing To Worry About

November 14 will be remembered as the day the crypto market plunged into a hole. When the tides hit, Bitcoin and most others saw double-digit drops. Bitcoin triggered the “death cross,” dropping to a new, scary low. The market seemed to be going up in smoke. Investors were scared. There was panic all over. However, there are still few smart-heads in the industry who can offer some important insights about what really happened and how this market situation could turn out in the end. One such guy is Brian Kelly. Brian is the CEO and founder of BKCM LLC, a crypto investment firm. The Hard Fork Speaking during an interview on CNBC’s Fast Money, Brian took it upon himself to explain the cause of the crash. As many already know, there have been talks of an upcoming Bitcoin Cash (BCH) hard fork. Creating a hard fork involves installing a software upgrade to the existing system but with new rules designed to counteract the existing ones. In such a scenario, a system split may occur, giving rise to a whole new and separate system protocol. As a matter of fact, Bitcoin Cash was created from the original Bitcoin network in this same way in 2017. Crypto Civil War According to Brian, one of the major contributing factors to the Bitcoin market crash was the state of stand-off between two rival camps. There was no common ground on how the system upgrade should be done and what to be expected. As such, investors were worried that the BTC and BCH networks and markets would run into trouble as a result of the system upgrade. As Brian Kelly puts it, the news of the hard fork plagued by rivalries created a state of uncertainty in the market, prompting investors, especially the “whales” or big wigs, to sell off as tried to position themselves before the fork happened. This is mainly because they really didn’t know what would happen afterwards, so it made sense for them to try to cushion themselves from risk. No Worries About The Bitcoin Crash However, in Brian’s view, there’s really NOTHING to be worried about in light of the market situation. Brian had a very radical opinion as opposed to most people’s emotional reactions to the seemingly dangerous market crash led by Bitcoin’s price dip. In his opinion, this is just a passing wind, a short-lived crisis period that could soon evolve into a massive bull run. Brian’s firm actually bought more Bitcoin’s as the market plunged. The post Hedge Fund Manager: The Bitcoin And Crypto Market Disruption Is Nothing To Worry About appeared first on Ethereum World News.

11 hours ago

Monero [XMR/USD] Technical Analysis: Privacy coin to be suffocated by bear’s grip

The cryptocurrency market witnessed the wrath of the bear as most of them plunged to their lowest point of the year. Along with crushing the whole market, the bear also stomped on investor sentiments, resulting in some existing the space. The top 10 coins which are seeing a double-digit fall in the past 24-hours includes, Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BCH], EOS, Litecoin [LTC], Cardano [ADA] and Monero [XMR]. According to CoinMarketCap, at press time, Monero [XMR], a popular privacy coin, is trading at $89.26 with a market cap of over $1 billion. The cryptocurrency has a trading volume of more than $36 million and has plummeted by 14.34% in the past 24 hours. 1-hour Monero [XMR] one-hour price chart | Source: Trading ViewThe one-hour chart showed a downward trend from $114.33 to 106.77. This is followed by another downtrend from $103.71 to $90.69. The privacy coin has an immediate support at $95.13. It will then have to meet the strong resistance, which is patiently waiting at $107.86 level. There is a strong support for the coin at $89.21. Parabolic SAR shows that the bear is going to further rip apart the cryptocurrency in the market as the dots have aligned above the candlesticks. Bollinger Bands forecast that the market is going to be volatile as the bands were expanding, making space for price movements. The Chaikin Money Flow indicates that the money has started to flow in the bearish atmosphere as it was leaping above the zero line. 1-day Monero [XMR] one-day chart | Source: Trading ViewThe one-day chart is showing a downtrend from $292.71 to $114.07. This trendline continues to reach $106.81 price level. The cryptocurrency shows an uptrend from $84.20 to $101.77, which is further taken to $107.68 ground. The privacy coin has an immediate resistance at $114.17 and a strong resistance at $147.56. XMR has a strong support level at $84.11. Klinger Oscillator forecasts a bearish weather as the reading line is below the signal line and is showing a massive gap from each other. MACD is also agreeing with KO’s forecast as the moving average is also indicating that the bear might hail over the market for a longer duration. This is because the moving average line is below the signal line, showing a similar pattern as the Klinger Oscillator. RSI shows that a trend reversal could take place, giving the bull another chance in the game as the chart is indicating that the coin is currently being held by the bear . Conclusion The cryptocurrency is going to be suffocated by the bear’s grip. The winter animal is supported by the Parabolic SAR and CMF from the one-hour chart and Klinger Oscillator and MACD from the one-day chart. The post Monero [XMR/USD] Technical Analysis: Privacy coin to be suffocated by bear’s grip appeared first on AMBCrypto.

12 hours ago

New Data Shows Ethereum GPU Mining No Longer Profitable

GPU crypto mining is no longer profitable on your own. That’s according to new data that shows the profitability of Ethereum GPU mining has fallen from $150 to $0 in 17 months. Is Ethereum GPU Mining Still Profitable? Last year, crypto mining proved to be a profitable side business for tech savvy people who had set up their mining computers. Citing data from Susquehanna, CNBC shows a chart that indicates that mining Ethereum using graphics processing units (GPUs) last June earned miners a profit of $150. However, fast-forward to November 2018 and that figure is now down to $0. In June, the price of Ether peaked at around $380 for the month, according to CoinMarketCap. Notably, when Ether rose to $1,400 at the beginning of January, miners’ profits for the month were at $64. This is probably due to the fact that more people were investing in their own mining rigs at home. At the time of publishing, the value of Ether is $178. Yesterday’s market bloodbath saw crypto prices across the board drop between 10-20 percent According to the report, the hashrate for Ethereum fell this year. The higher the hashrate, the higher the chance for miners to locate the next block, which, in turn, means a crypto reward. Yet, in a note to clients, Christopher Rolland, a semiconductor analyst at Susquehanna, said that combined factors mean that mining Ether is “no longer profitable.” As a result, it’s believed that chipmaker Nvidia will see a decline in sales. Rolland went on to say that the company’s crypto-related revenue is down by $100 million quarter-over-quarter. He added: We estimate very little revenue from crypto-related GPU sales in the quarter, consistent with management’s prior commentary that they were including no contribution from crypto in their C3 Q18 outlook. 3Q18 mining profitability continued to decline, as Ethereum prices have fallen more than -70% since the beginning of 2018. Will the Market Improve? Last year, the company would have been in its element. When the price of Bitcoin nearly reached $20,000, new miners entered the field in droves. That, however, also feels like a lifetime ago. Of course, while the markets haven’t created much excitement this year, many are still confident it’ll rise again. Erik Voorhees, CEO of ShapeShift, is one such individual. Recently, he predicted that in the next financial crisis the price of Bitcoin will rise. Nigel Green, founder and CEO deVere Group, believes that the crypto market will grow 5,000 percent in the next 10 years. Do you think crypto mining will be profitable again? Are you a miner? Have you made money from it? Let us know in the comments below. Images courtesy of Shutterstock, Susquehanna The post New Data Shows Ethereum GPU Mining No Longer Profitable appeared first on Live Bitcoin News.

12 hours ago

Bitcoin [BTC], XRP, Ethereum [ETH] and Cardano [ADA] get destroyed by the bear’s all-out attack

The bear attack on November 14 saw a lot of the cryptocurrencies crumble under the bear pressure which also coincided with multiple support breaks. Bitcoin [BTC] faced the bear’s first wave of attack, with the cryptocurrency plummeting below the all-time psychological support of $6000. At the time of writing, Bitcoin was still languishing below $6000 combined with its market cap going under $100 billion. Just prior to the drop, Jihan Wu, the Chief Executive Officer [CEO] of Bitmain had tweeted: “I have no intention to start a hash war with CSW, because if I do 9by relocating hash power from btc mining to bch mining.btc price will dump below yearly support; it may even breach $5000. But since CSW is relentless, I am all in to fight till death!” Another coin that shared Bitcoin’s fate was Cardano [ADA], which saw it crash to its lowest price point in over a year. Cardano was also in the news recently when the ADA team conducted an Ask Me Anything [AMA] session to talk about the reward schemes in their stake pools. One user asked about staking ADA using a Ledger hardware wallet and Raspberry Pi computer. To this, Jonne33, a Reddit user stated: “Once delegated you can put your ada on Ledger or even on a paper wallet. You don’t need to be online after that (ie you don’t need raspberry pi or something). Raspberry Pi can be used initially for accessing your Ada and delegating it via Linux Daedalus client (still in development) or via different light wallets which are popping up currently.” Ethereum [ETH] and XRP also felt the ripple from the price drop with XRP taking over Ethereum in terms of market cap. Both the cryptocurrencies witnessed double-digit weekly losses where Ethereum slid by 12% while XRP fell by a significant 18%. The post Bitcoin [BTC], XRP, Ethereum [ETH] and Cardano [ADA] get destroyed by the bear’s all-out attack appeared first on AMBCrypto.

13 hours ago

Our LindaX ICO has officially launched! Token purchases are ...

Our LindaX ICO has officially launched! Token purchases are open in BTC, ETH, LTC and FIAT Wire-Transfer! Join us… https://t.co/dlbQw41SIb

13 hours ago

Interview: Anthony Lusardi (ETC Cooperative) on the uniqueness of Ethereum Classic

In spite of adhering to the values of true non-interventionist decentralization, Ethereum Classic is an underdog. The battle of Turing-complete blockchains features more resourceful warriors who, despite choosing governance over immutability, seem to get more traction. This happens, in part, due to the scaling debates and the constant need for decentralized applications to run smoothly. Being able to support millions of users who transact constantly is no small feat. However, Ethereum Classic has a plan to enable sidechains for every major application, thus retaining its decentralized and immutable main chain. As we found out during the first part of our interview with ETC DEV Team’s Donald McIntyre, Classic looks promising. And when ETC Cooperative’s director Anthony Lusardi has reached to us, we decided to ask him more questions related to the original Ethereum blockchain. Below you will find the first part of the interview with Anthony Lusardi, which mostly covers fundamental and general information about ETC’s state of affairs and development. The Cooperative director answers questions regarding the deployment of Dapps, running nodes, miners switching from ETH to ETC, the Classic roadmap, and the Ethereum Classic name itself. Enjoy! Full transcript of the interview with Anthony Lusardi: Vlad: Hello and welcome to another Crypto Insider interview. This is Vlad and today I will be talking to Anthony Lusardi, who is the US director of the ETC Cooperative. So hello Anthony! Anthony Lusardi: Thanks for having me, I’m happy to be here. Vlad: I’m happy to interview you too because there seems to be a lot of confusion in regards to the next Ethereum killer or the next platform to host Dapps and scale and provide true decentralization. And when people mentioned the alternatives for ETH, they seem to talk about, you know, TRON and EOS and all these platforms which I guess started from Ethereum and have the same fundamentals. But they overlook Ethereum Classic. Well, why do you think that happens? Anthony Lusardi: I think it happens for a few reasons. I think for one, when you look at it, uh, obviously ETH and ETC have had success and long history of operation in general. And so when you’re a new entree like Tezos who’s just copying some ETC source code or EOS where it’s, you know that, uh, what’s his name, Byte Masters’ third dysfunctional project. Uh, you end up in a situation where all they want to do is they want to attack Ethereum because they see Ethereum as the top, certainly as by market cap and by volume and it has a great deal of developers, so they don’t want to compare themselves to ETC. They, in my opinion, would be behind ETC for a lot of different reasons. And so they just kind of skip it. And you know, in general we’ve had, when ETC first started, we didn’t have any resources at all. So we’ve grown quite a lot from there. And, that first year where we were just trying to get everything together really put us behind in a way because in people’s perceptions, because they were looking at Ethereum and Bitcoin and they said... well, Ethereum and Bitcoin have all these things, you know, ETC’s ideology is great and I agree with that. Why doesn’t anybody else have these same things? And so I think in general that just set us back a bit because people didn’t account for the fact that ETC, despite having a great potential here, we still had a lot of work to do, which we’ve now got it done. (02:35) Vlad: I see a lot of questions about how these decentralized and immutable blockchains can scale and it seems like the ETH blockchain is going to head towards sharding and Casper POS and Raiden and whatever big project they seem to promote and haven’t, you know, accomplished in the past two years. But what is the solution for ETC? Anthony Lusardi: The ETC scaling solution is basically the practical solution that most chains are taking, like Bitcoin where you’re doing side chain stuff because you just can’t get the levels of decentralization and permissionlessness and this that we want by scaling on chain, at least not right now. And probably not for the foreseeable future, but yeah. So we’re just taking largely the side chain approach in terms of scaling, keep the main blockchain small and centralized and build things on top of that for when you need to do trade offs. You can do trade-offs but still have the main chain. (03:44) Vlad: Would you say that right now, ETC is easy to, you know, accommodate Dapps and anyone can deploy a sizeable, decentralized application on the blockchain? Anthony Lusardi: It depends on what you mean by sizable. Uh, I don’t think there’s any blockchain out there that can deploy, you know, a Facebook or some sort of Google search or something. I think for smaller applications, yeah, absolutely. I think the thing is that people are going to need to learn over the next five or 10 years is exactly when to use the completely decentralized networks and when to use maybe something else. And I

13 hours ago

Coinbase Backed Startup Coinmine Launches Crypto Mining Device

Image source: https://minernews.io Coinmine, a Los Angeles based Crypto Firm and a Coinbase backed startup has launched a mining device, costing $799. The device streamlines mining process by connecting to personal computers and enables users to control by a mobile app. Beside Bitcoin, users can mine Ethereum, Monero, Ethereum Classic, and Z-Cash. However, it also enable users to add new cryptocurrency network that may be introduced in near future. Reports also revealed that the device will store the data that has mined on its own servers and then takes a 5% cut. Though the device is not suitable for everyone but for the novice, who wants to dip their toe in the escalating crypto world. About Coinmine’s New Mining Device Crypto mining often required well-prepared premises, a huge electricity, big investment, time and minimal tech knowledge. However, Coinmine’s new device is built with the efficient feature. It looks simpler and has built with high-end-tech solutions that consume less heat and works silently as compared to other crypto mining devices. As a result, this feature will keep processors running and cooled. In addition, the firm aims to propel quick and regular updates to the Coinmine operating system to keep updated with blockchain shifts on its supported cryptocurrencies as well as to add new cryptocurrency once they go live. Device features: Specs CPU: Intel® Celeron® Processor J Series, Dual Core, 14nm GPUL: AMD Radeon RX570, 4 GB, WINDFORCE 2X Cooling System, Memory Clock Speed 7,000 MHz RAM 8 GB DDR4 Storage 1TB Hardrive Power: Average Power Usage: 120 Watts Connectivity: Intel 802.11AC Dual Band Wireless (Ethernet port access) Hashes Ethereum (eth) 29 Mh/s; Ethereum Classic (etc) 29 Mh/s; Monero (xmr) 800h/s, ASIC-Resistant; Zcash (zec) 290 sols/s; Grin (grin) Coming Soon, ASIC-Resistant In a release, Coinmine states that “With automatic updates, MineOS also gives access to new crypto networks like Bitcoin Lightning, Grin, Dfinity, and Filecoin. This feature ensures users do not miss out on powering the next important crypto network,” Coinmine is founded by Farb Nivi, an entrepreneur who has supported smartwatches called Pebble. The project has earlier raised $2 million from reputed VCs like Arrington Ventures, Coinbase, and Coinbase CTO Balaji Srinivas. He said; “It’s a pretty cool idea to be able to plug a device into the wall that makes money for you while you sleep. As a purely economic proposition, you’d have to balance the cost of power and the hardware device itself with the cost of the coin or token that you’d be mining. There are so many assets now that there is probably always an arbitrage somewhere,” The post Coinbase Backed Startup Coinmine Launches Crypto Mining Device appeared first on Coingape.

13 hours ago

When Forgery Is Unthinkable: Blockchain And The $40bn Art Market

To the uninitiated, blockchain and art are two different worlds. But just as technologists have learned to be creative in their thinking, so creative thinkers have learned to be tech-savvy in their actions. As anyone who has seen Ocean’s 11 will attest, thieves can be some of the most creative pros in the world. Distributed ledger technology (DLT) combines these disparate worlds to solve an age-old problem: finding the artistic fakes and the thieves, and proving creative authenticity through technology. It’s a huge problem that has persisted for centuries, one that’s affected masters such as Picasso, da Vinci, and Van Gogh. These stats may surprise you. More than 9 in 10 antiquities for sale on eBay are suspected to be fake. In the U.K., more than $480 million in artwork is stolen each year. Ninety percent (90%) of museum thefts involve an insider (making criminal prosecution difficult). Nearly 100,000 pieces stolen by the Nazis during World War II are still missing, according to research firm Havocscope. Blockchain is made for art So how does blockchain help artists? By immutably capturing on a shared database the originality and veracity of a masterpiece or rare collectible. Tracking these prized items and securing their records creates a chain of custody that documents the sequence of control, ownership and transfer of the pieces. That includes recording an artwork’s history such as timestamps of key events: auctions, prices, shipment and other verified information without necessarily disclosing sensitive info, such as identities of (millionaire or billionaire) owners. Blockchain builds trust and instills confidence in stakeholders in an industry whose participants face the continuing risk of theft, forgery, and unauthorized copies of high-priced masterpieces or scarce collectibles. That’s exactly what New York-based Artory is providing for the world’s leading art collectors and auction houses. This week, the blockchain-powered company recorded a $318 million auction in New York on The Artory Registry which stores key information on a digital ledger and issues (anonymous) ownership certificates along with other digital signatures that protect investors, brokers and creators themselves. “The sale ... marked the first time an art auction at this price level has been recorded on a blockchain, via a secure digital registry administered by Artory,” leading auction house Christie’s announced on Nov. 13. And collectibles aren’t far behind Aside from physical artwork and collectibles, blockchain has use cases for Web 3.0 digital works such as CryptoKitties and the hundreds of copycats (pun intended) expected to follow it. The viral sensation is stored on the Ethereum network from which users can care for and breed one-of-a-kind, virtual kittens. Like traditional collectibles, CryptoKitties can be bought and sold. It’s reasonable to expect similar concepts in the future, from virtual superheroes to digital athletes to sexy, bikini-clad personas that users can develop on blockchain and sell for profit. These avatars represent the future idolatry of the young crowd — as their minds are wrapped around electronic realities. Digital scarcity therefore is an emerging business opportunity for operators who are able to leverage blockchain tech and guarantee an item’s authenticity. The Art Market Report estimates that global art is at least a $40 billion market while the collectibles market is around $200 billion. Human beings are, like jackdaws, collectors. We pay millions for copies of Superman comics, Mustangs made famous Steve McQueen, and - of course - artworks. Those millions are ill-spent if the items in question are as common as those of us who glory in their genius. Beyond the world of collecting, the Greek philosopher Aristotle viewed technology as an extension of nature. Blockchain tech is groundbreaking because, just like nature, it gives creators the god-like power to create unique objects or “living” avatars and creatures that can never be forged or copied. Through nature’s extension, technology, man can bring to life heretofore non-existent personas based on his interpretation of what the universe should be. And now, they’re patentable. The author holds digital assets but none mentioned in this article. The post When Forgery Is Unthinkable: Blockchain And The $40bn Art Market appeared first on Crypto Briefing.

14 hours ago

The Motley Fool examines Cryptocurrencies outside the top 10 in search of Explosive Growth

Many people were drawn to invest in cryptocurrency after hearing stories of moonshots and lambos. Investors who found coins before they climbed the market cap list experienced explosive gains. In many cases, the gains were over 1000% and made quite a few millionaires in the process. After the cryptocurrency market crashed hard early in 2018 and has been seemingly going sideways ever since investors are hungry for a bull market breakout. However many are now searching for the next wave of crypto coins and tokens that could be the breakout investments of 2019. The Motley Fool thinks it may be a smart idea to move away from the big boys like Bitcoin, Ethereum and Ripple and to look to coins outside the top 10’in market cap. The coins between 10 and 20 on the market cap list have experienced the same bearish conditions as the top cryptocurrencies and have been basically stagnant for a long time as well. “NEM and Zcash have climbed 21.6% and 9% in value over just the past 7 days according to Investing.com, while all the others have fallen over what has been a poor week for traditional capital markets and cryptocurrencies alike.” Tron is an example of a cryptocurrency that is just outside the top ten that seems to be growing in awareness but not value. Binance’s BNB coin has shown to be stable and could be awaiting breakout as Binance continues to grow in user volume. Both of these assets could make moves to the top 10 before long. While in search of the biggest potential growers, investors must consider that the lower the market cap of the cryptocurrency they choose to get behind, the bigger the risk they are assuming. While the next millionaire-maker may be way down the market cap list, the market has clearly shown that cratering is just as likely as flying to the moon. According to the Motley Fool, it’s still more sensible to explore traditional investment channels and that “many investors would still prefer the reliable dividends of Commonwealth Bank of Australia (ASX: CBA) or Insurance Australia Group Ltd (ASX: IAG), over digital currencies any day.” Still, being aggressive could pay off big time because as the Fool says, “neither CBA or IAG are ever going to shoot the lights out in our lifetimes.” The post The Motley Fool examines Cryptocurrencies outside the top 10 in search of Explosive Growth appeared first on ZyCrypto.

14 hours ago

XRP receives official support from Coinbase Custody; Ripple logo represents the coin

Coinbase, the largest platform for cryptocurrency trading and other related services in the US has officially added XRP under supported assets for Coinbase Custody. However, despite Ripple, the blockchain remittance firm that created XRP, attempting to dissociate itself from XRP for the sake of decentralization, Coinbase has kept Ripple’s logo to represent the coin on its official website. During the last week of October, there was a buzz around the cryptocurrency space as the Department of Financial Services [DFS] of the United States announced its support for Coinbase to operate as a crypto-custody. After Coinbase received approval from DFS, it revealed the name of six big coins that would be added to its Coinbase Custody Trust Company program. The list comprised of Bitcoin [BTC], Bitcoin Cash [BTC], Litecoin [LTC], XRP, Ethereum [ETH] and Ethereum Classic [ETC]. Despite being one of the coins to make the cut for custody services, XRP has still not acquired a listing on the trading platform of Coinbase. Moreover, all the other five cryptocurrencies already continue to trade on the exchange. Skypilot_crypto, an XRP investor and cryptocurrency space enthusiast on the news stated: “Even though I do hope coinbase list xrp, when they eventually do I still won’t buy my xrp through coinbase. Why would I when I’ve been buying it through others all this time anyway? What would be the point? If Only They listed it sooner. Timing is everything and they are late” C3|Nik, the Twitter handle of another cryptocurrency and blockchain space follower also tweeted: “XRP is officially listed as a supported asset on Coinbase Custody. That does not imply trading support in the normal Coinbase App though.” On Coinbase using Ripple Labs logo, Michael Nardolillo, an XRP fan, stated: “With the wrong symbol lmao” The post XRP receives official support from Coinbase Custody; Ripple logo represents the coin appeared first on AMBCrypto.

14 hours ago

Fake Mobile Cryptocurrency Wallet Apps Found on Google Play Store

A recent discovery shows the presence of phony cryptocurrency wallets found on the Google Play Store. The fight against malicious apps seems not to be ending any time soon. Fake Wallets: The Latest Scheme by Cryptocurrency Thieves According to The Next Web, European cybersecurity researcher, Lukas Stefanko, discovered that four fake virtual currency apps claimed to offer wallet services for NEO, MetaMask, and Tether. Further findings by Stefanko revealed that the fake apps divided into two groups - phishing and plain counterfeit wallets. The fake MetaMask app fell into the phishing category. After the user installs the fake app, it would request for the user’s sensitive details such as private keys and wallet password. Provision of these details would cost the victim his/her virtual coins. A screenshot by Stefanko showed that the fake MetaMask app had over 500 downloads and a 2.8-star rating by 48 reviewers. The real MetaMask app, however, does not have any app on the Google Play Store but is a web browser extension for Mozilla Firefox, Google Chrome, and Opera. In contrast, the other group consists of fake wallets, and this is the category into which the other three fake wallets fall. Two of them masqueraded as NEO wallets, while the third pretended to be a wallet for Tether. The fake apps display the scammer’s public address without access to the private key for the user, as the scammer owns the private key. Any cryptocurrency fund deposited into the fake wallet directly goes to the attacker’s wallet. The user cannot withdraw funds because he/she does not possess the private key. Furthermore, research showed that the scammers used AppyBuilder, a drag and drop mobile app builder platform, to create the fake apps. Anyone can use the app builder, as coding skill is not a requirement. The number of scammed victims cannot is unclear. Google has, however, removed the fake wallets from its Play Store. Tech Companies Going Hard on Cryptocurrency Ethereum World News recently reported the presence of a fake EOS wallet on Google Play Store. This was the latest attempt by hackers to steal funds from unsuspecting victims. A Brazilian developer company discovered and reported the malicious app to Google who promptly removed the app. In August, there was also a report another scam app on the Android Google Play Store. Victims paid $390 to an app that called itself “Ethereum,” that claimed to sell one Ethereum for the exorbitant amount. What they got was a picture of the Ethereum logo. In Q3 of 2018, Google announced the ban of mobile virtual currency mining from Play Store. This was in addition to its earlier mining script ban. The American tech giant, Apple Inc., also updated its developer guidelines. Part of the new rules banned iPhone users from mining cryptocurrency. Image courtesy of Shutterstock. The post Fake Mobile Cryptocurrency Wallet Apps Found on Google Play Store appeared first on Ethereum World News.

14 hours ago

After Yesterday’s Bloodbath, Losses Continue for Major Cryptos, XRP Overtakes Ethereum

Bloodbath continues with Bitcoin dipping below $5,400 earlier today, Ripple sees slight gains and overtakes Ethereum as number two coin by market cap

14 hours ago

Market Value of Bitcoin Falls Below $100 Billion, First Time Since October

Bitcoin has fallen below the $100 billion market cap value, a figure not seen since it happened last October. Market Blood Bath The last 24 hours have not been good for the crypto industry. Yesterday, the market became a sea of red as prices dropped between 10-20 percent in value. Bitcoin, which has been trading within the $6,200 and $6,800 range for several months, saw its value drop to $5,600. However, it continues to fall in value. At the time of writing, it is trading at $5,572, according to CoinMarketCap. As a result, its market cap has also seen a decline in value and is currently worth $96.8 billion. The last time it was under the $100 billion mark was last October. The highest it has been was $328 billion in mid-December when it was valued within touching distance of $20,000. Today, that figure feels like a distant memory. According to a report, the downturn in market prices was down to the Bitcoin Cash hard fork due to take place today. Brian Kelly of BKCM LLC said he doesn’t think the “crypto civil war” will last. In a report, Kelly stated: When you do a software upgrade, everybody usually agrees. But in this particular case, everybody is not agreeing, so, we’ve got ourselves a ‘crypto civil war.’ People started selling. That triggered stops. Everybody got concerned. He added that the drop is only temporary and that his company “bought the dip.” Altcoins Down Too Across the board, altcoins are being impacted as well, far extending past the top 20 and top 50. Ethereum and XRP are battling it out for second place, with very little difference between them. Ether’s market value is currently priced at $18.3 billion, whereas XRP is listed at $18.7 billion. Ether has fallen below the $200 mark and is priced at $178, representing a 12.08 percent drop in 24 hours. XRP, which saw its price rise to $0.60 in September, is now valued at $0.46. It has experienced a decline of 9.07 percent in 24 hours. Despite the Bitcoin Cash hard fork, it hasn’t done anything to improve its value. Over a 24-hour period, it has fallen 11.48 percent to $414. Monero, in 10th place, has seen the biggest drop out of the top 10. With an 18.08 percent decrease in value, it’s currently worth $86. This is a far cry from its $470 price tag back in January. However, with the combined market cap worth $183 billion, it remains to be seen if and when market prices will rebound. Have you been impacted by market prices? Did you buy the dip? Let us know in the comments below. Images courtesy of Shutterstock. The post Market Value of Bitcoin Falls Below $100 Billion, First Time Since October appeared first on Live Bitcoin News.

15 hours ago

How Low Can It Go? Bitcoin Settles Below $5,600 as Altcoins Continue to Drop

Following yesterday’s widespread and significant drop across the entire cryptocurrency markets, Bitcoin has settled below $5,600, the lowest price it has seen this year, and many altcoins have continued dropping. At the time of writing, Bitcoin is trading down over 8% at its current price of $5,560, recovering slightly from its low point of $5,350, which as of now is BTC’s lowest price of the year. Bitcoin’s massive drop over the past couple of days has caused its market cap to fall below $100 billion to its current levels of nearly $97 million. Following the drop, trading volume has continued rising, likely signaling that further volatility could be on the way. Prior to dropping yesterday, Bitcoin’s trading volume was stable around $4.4 billion, but it has since nearly doubled to its current levels of approximately $8.7 billion. Altcoins Continue Falling Bitcoin’s drop has led to significant declines amongst the altcoin markets, with many coins trading down nearly 20% yesterday. At the time of writing, XRP is one of today’s best performing altcoins, currently trading up nearly 1% over a 24-hour trading period, with its current price showing relative stability at nearly $0.47. The recent drop has led XRP to lows of $0.43, from which it has recovered. XRP’s good performance despite the drop has allowed it to claim the coveted number two spot in the crypto markets from Ethereum (ETH), which is currently behind XRP’s market cap by approximately $300 million. Bitcoin Cash (BCH), is currently trading down over 5% at its current price of $430 despite today’s hard fork event. Clearly, investors are not that interested in the units resulting from this hard fork, as its price has been crashing ever since it reached highs of $635 in early-November. Donald Bullers, the North American representative for Elastos, a blockchain-based security service, explained that BCH’s hard fork event may be partially to blame for the crypto markets poor performance, saying to MarketWatch that: “Price volatility is not unusual in the crypto landscape—however, [Wednesday’s] dip is significant enough to prompt industry players to stop and take stock of the reasons why. It’s safe to say that Bitcoin Cash’s upcoming hard fork was stirring uncertainty amongst crypto investors, and forecasters across crypto and traditional markets alike have predicted a prolonged bear market heading into 2019.” Brian Kelly, cryptocurrency enthusiast and analyst, expressed a similar sentiment while speaking on CNBC’s Fast Money, saying: “When you do a software upgrade, everybody usually agrees. But in this particular case, everybody is not agreeing. So, we’ve got ourselves a crypto civil war.” Kelly further added that downward spirals tend to perpetuate themselves. “People started selling. That triggered stops. Everybody got concerned. And that’s what happened today — the entire market sell-down,” he said. It is likely that the recent market carnage has significantly hampered the chances of an end-of-year rally, and the persisting bear market may continue well into 2019. Related Reading: Tumultuous Crypto Market: Bitcoin Market Cap Finds YTD Low Under $100 Billion Featured image from Shutterstock. The post How Low Can It Go? Bitcoin Settles Below $5,600 as Altcoins Continue to Drop appeared first on NewsBTC.

15 hours ago

OKCoin Rolls Out Argentina’s Crypto Trading Platform as part of Latin America’s Expansion

The new venue offers trading between the Argentine peso and several digital coins including Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and Bitcoin Cash (BCH).

15 hours ago

Korean PureBit Either Refunds Ethereum (ETH) or Plays a Scam-in-a-Scam

With a note of remorse, PureBit began returning some ETH to its backers following a sudden 13,000 ETH exit scam, but in an odd manner.

16 hours ago

Ethereum Price Analysis Nov.15: Will Support Hold?

After long months of sideways consolidation, the market has finally chosen a direction, and as it appears the bears have won the battle. BTC has lost more than 14% in the past two days, and all of the other altcoins are following in even worse drops. The total market crypto market capitalization has declined to as low as $176 B. Pay attention to the 12-hour RSI indicator which declined to the lowest level since July 2016 and is currently at 6... Notice that the RSI movement range is between 0-100 which should give some indication regarding the markets immediate sentiment. Traders have been waiting for the long triangle formation from the daily chart to breakout to one of the sides, and it finally did break, so what now? For BTC the next reasonable support level could be found at 5000$ and lower at $4000 and even 3000$ if this blood rally continues. Back to Ethereum: ETH price is currently around 168$ level (according to Bitstamp) and falling rapidly. Looking at the 4 hours chart as we mentioned in our previous analysis, if the bears manage to break the 206$ support level that was held nicely in the past week or so, then we might see a fast move downward, and this is precisely what happened. Ethereum broke through all of its support levels with high volume in a single red candle. Ethereum is currently maintaining support at the $167 price level, the lowest support level on the following 4 hours chart. At the time of writing, there is an intense fight around this support level, and the bears currently appear to have the hand stronger. The next support level lies at the $126 - $130 price level or even lower - at the $80 price level area (in case that the round number of $100 won’t trigger some bulls action). The 4 hours chart RSI is currently at 25 in the oversold areas and as it seems it could keep on dropping much lower. Please take extra caution these days and protect your funds. ETH/USD BitStamp 4-Hours Chart ETH/USD Coinbase 1-Day Chart Cryptocurrency charts by TradingView. Technical analysis tools by Coinigy. The post Ethereum Price Analysis Nov.15: Will Support Hold? appeared first on CryptoPotato.

16 hours ago

Ripple (XRP) Overtakes Ethereum as Second Biggest Crypto By Market Cap

Ripple (XRP) has once again overtaken Ethereum by market cap amid ongoing cryptocurrency market turbulence and bearish sentiment. Only $100k Separates Ripple and Ethereum As data from Coinmarketcap confirms, Ripple’s XRP token is now the largest altcoin, losing less than Ethereum in the past 24 hours. As a result, ETH is now in the third-largest cryptocurrency, repeating what has become a pattern in 2018. As Bitcoinist previously reported, XRP last overtook ETH fairly recently on the back of rumored expansion of the token’s usage. While not directly affecting Ethereum, the Bitcoin Cash hard fork appeared to hit the asset particularly hard, ETH/USD 00 losing almost 15 percent versus Bitcoin’s 11 percent. XRP/USD 00 fell 9.2 percent, the difference in market cap between the two altcoins now just $100,000. No Cause To Celebrate The short-term success of XRP contrasts with the continued publicity battle Ripple has seen in recent months. As Ethereum developers forge ahead with major technical developments many have championed, Ripple appears mired in criticism of both its products and senior executives, who have delivered contradictory statements about the company. In October, CEO Brad Garlinghouse hit back at accusations the network was overly centralized. “I as the CEO of the company can’t control the XRP ledger. I can’t change a transaction,” he told Cheddar. “...I think there are a lot of people out there who are waging holy wars, they’re spreading misinformation - and they’re spreading misinformation because they have an economic interest in that.” Nonetheless, third-party interest in the token remains with news this week surfacing that Japan’s biggest bank wishes to use it as the basis for a cross-border remittance service to Brazil. Multiple financial institutions are currently considering the concept of Ripple-based remittances, with the company’s xRapid payment network also debuting with XRP as its means of exchange. What do you think about Ripple overtaking Ethereum? Let us know in the comments below! Images courtesy of Shutterstock, Bitcoinist archives The post Ripple (XRP) Overtakes Ethereum as Second Biggest Crypto By Market Cap appeared first on Bitcoinist.com.

16 hours ago

Research Reveals Ethereum (ETH) GPU Mining Profitability Drops to Zero

Despite the claims of being a decentralized coin, mining Ethereum with a GPU is not profitable in November 2018.

16 hours ago

Unpacking the Bitcoin Price Drop

At the time of this writing, bitcoin was trading at $5,451 USD, its lowest price in more than a year. Bitcoin lost 12 percent of its value on Wednesday alone, and, as its value fell, so did the stock of several other crypto projects, including Ethereum, Stellar, Litecoin, and EOS. It was a crypto bloodbath. To […]

16 hours ago

Despite the Bearish Market, Ripple (XRP) knocks out Ethereum to become the world’s second largest cryptocurrency

The last 24hrs in the world of cryptocurrency has been looming with dark clouds, which has now birthed a significant bearish storm over the majority of the top 100 listed tokens. However, in the midst of the massive shedding of gains, Ethereum saw this as an opportunity to make a momentous climb, even if it required knocking out its long-standing opponent for the second time this year. Shortly after Craig Wright declared war against Bitcoin miners, the bearish trends began to intensify, leading to an all-crypto-loss galore; Ethereum was the only cryptocurrency amongst the top three to shred as much as 14% in losses. The fight was strictly based on what can be termed “the survival of the fittest”, in that the Ethereum was still aimed at pulling itself upwards even at a trading price of $207 in the last two days as opposed to XRP which was already recording average price gains. Once the bears took total control and tossed Bitcoin down to the $5,000 range, its second all-time low of the year, the consequences became altcoins to bear. And Ethereum being the first altcoins to receive the blow, coupled with its recuperative state had fallen nearly twice as low as Ripple, who automatically moved upwards and has been sitting at the second spot up until the time of this writing. Ripple XRP had already been showing bullish signs two days ago when Ethereum fell by 2%. Both tokens were moving head to head with a market cap of $20 billion, Ripple looked ready to tear down the Ethereum whose market cap of $21 billion was just slightly above. At the time, XRP was trading at $0.520289, while Ethereum was at $207. As of this writing, Ethereum has lost over $30 and now trades at $177, while Ripple trades $0.457120. There still lies a huge possibility for Ethereum to reclaim its spot and make this a temporary comeback for XRP as it did in September. Considering the fact that Ripple’s market cap is totaled at $18.41 billion against Ethereum whose market cap totals at $18.32 billion, Ripple’s new position might just be a recap of its short-lived success in September, when Ripple’s market capitalization surpassed Ethereum by $3 billion. Ripple’s market cap was sitting richly at $26 billion, while Ethereum’s was at $23 billion. On the 6th of November, Ripple also beat Ethereum for a short period and lost its victory shortly after. The post Despite the Bearish Market, Ripple (XRP) knocks out Ethereum to become the world’s second largest cryptocurrency appeared first on ZyCrypto.

16 hours ago

What’s Next for BAT token after Coinbase’s Support?

It’s no secret that cryptocurrency exchanges are a vital part of the crypto community. They’ve been around throughout cryptocurrencies journey and have been somewhat of a gateway into the industry. Although some crypto exchanges are nothing more than giant scam schemes to rob investors of the yields they get in the industry, others have proven to be powerhouses in the game and with its every move, comes a significant change of event in the crypto market. Coinbase, which is arguably the largest and most popular crypto exchange in the world, has been ruling the crypto exchange game for some time now. Back in July, the crypto exchange announced that it was weighing up the option of adding another crypto asset for trading. Cardano (ADA) Basic Attention Token (BAT) Stellar Lumens (XLM) Zcash (ZEC) and 0x (ZRX) were the intending listed cryptos, and within a short time, the race had begun. Of course, many experts started delving into the digital coins and which one was going to come on top. Stellar notably gained a lot of nodes because of its performance at that time. However, it was the Basic Attention Token (BAT) which got listed to the crypto exchange. BAT getting listed on Coinbase PRO will allow BAT/USD trades very soon but only when there is enough liquidity on the digital asset. However, deposits are already available on the platform. The Basic Attention Token (BAT) now becomes the eighth cryptocurrency to be listed on the exchange, and this shows how hard it is to get listed for trading on the world’s largest crypto exchange platform. This feat comes along with a lot of positives and BAT’s development is expected to blow up very soon. Just hours after the statement from Coinbase adding the BAT to its tradable assets, its value shot from $0.26 to $0.345 within days. This event marked an increase of over 30 percent with 20 minutes on November 2, when the announcement came out. The Basic Attention Token is an Ethereum based ERC-20 token. BAT is used for advertising and attention-based services on the Basic Attention Token platform, Brave. If we are to follow trends, Coinbase’s listing of BAT token will give it the much exposure it needs, to get to the top. Just a few days after BAT getting listed on Coinbase, Circle Invest, a Boston-based crypto trading platform also announced that it had listed the Basic Attention Token (BAT, Brave’s browser’s preferred choice of altcoin. Basic Attention Token’s projected future has now been made brighter, and more blissful outcomes are being expected going forward. Of course, this is the crypto market, where the impossible can unfold right under your eyes, but regardless of anything, the token is in for a spike. The post What’s Next for BAT token after Coinbase’s Support? appeared first on ZyCrypto.

16 hours ago

Craig Wright Responsible for Bitcoin (BTC) Market Crash?

Craig Wright has been making headlines on tabloids for more reasons than his back and forth uproar with fellow Bitcoin Cash proponent Roger Ver. The Australian developer is notable for his consistency in pioneering Bitcoin Cash and publicly cursing or calling out a perceived opponent. Wright who severally referred to himself as Satoshi Nakamoto has laid open threats against Bitcoin miners, warning that any move to mine Bitcoin Cash ahead of the upcoming hard fork will lead to a refund using Bitcoin, a move which will indeed unleash a lasting bearish crisis on the big bull, as well as the rest of the entire cryptocurrency market. In a recent tweet, preceding a gif of a building falling in slow motion; suggesting the intensity of the possible market crash, Wright tweeted ; To all BTC miners... If you switch to mine BCH, we may need to fund this with BTC, if we do, we sell for USD and, well... we think BTC market has no room... it tanks. Think about it. We will sell A Lot! Consider that.... And, have a nice day (BTC to 1000 does not phase me). Although the cryptocurrency market has been recording slight losses since the week began, the decline in trading prices of more than half of all the top 100 cryptocurrencies according to rankings from Coinmarketcap have intensified following Wright’s tweet, with Bitcoin dangling below the $6,000 mark for the second time this year Could this be linked to Wright’s tweet? Is he the cause of the bearish market? Developers and investors have since been throwing in endless comments, most of which are still in disbelief that Wright is the real Satoshi Nakamoto or even had anything to do with the current market volatility. Meanwhile, Wright is unfazed by the effects of the bearish market on Bitcoin Cash, even as this will threaten his chances of getting the needed support (in terms of trading volume) from traders upon the conclusion of the BCH hard fork which will result in splitting the already existing token to create Bitcoin ABC and his long-awaited token with the name “Satoshi Vision”. Wright had been on a continuous Twitter rant on for most of the week, mainly cursing at any potential threat who spoke against his vision for Bitcoin Cash. Roger Ver, whose disagreement with Wright concerning the future of Bitcoin Cash resulted in the decision of the soon to commence hard fork, had earlier disclosed an email that was supposedly sent by Craig Wright who was not impressed with the fact that Ver made a YouTube video questioning his identity as the self-proclaimed “Satoshi Nakamoto”. The mail had Wright declaring bankruptcy on the soon to arrive ABC Bitcoin token which Ver is backing his weight against. The mail read : If you want a war... I will do 2 years of no trade. Nothing. In the war, no coin can trade. If you want ABC, you want shitcoins, welcome to bankruptcy. It was nice knowing you. Bitcoin will die before ABC shits on it. I will see BCH trade at 0 for a few years. Will you? Side with ABC, you hate bitcoin, you are my enemy. You have fucking no idea what that means. You will. I AM Satoshi. Have a nice life. You will now discover me when pissed off. And, no. You Could have had proof. Your choice. Fuck you, Craig” As of this writing, the cryptocurrency market has fallen by a significant margin. Bitcoin has declined by 10.58%, with a trading price of $5,679. Ripple has also overthrown Ethereum The world’s second cryptocurrency, while Ethereum sits at the third position, losing as much as 13.6% as it trades at a price of $179.43. The post Craig Wright Responsible for Bitcoin (BTC) Market Crash? appeared first on ZyCrypto.

16 hours ago

An Enraged Vitalik Buterin calls Craig Wright a “tyrant”

Roger Ver is not happy, Vitalik Buterin isn’t happy either. Simply put, all cryptocurrency traders and investors are not having the nicest day today. This can be credited to the tragic event of yesterday’s market crisis that has escalated to the point of knocking out Vitalik Buterin’s own token Ethereum, and the 24-year-old developer is making it clear that while Craig Wright, now termed the “ Donald Trump” of cryptocurrency might be having the time of his life, the bearish crisis on his end is neither soothing nor amusing. The war of words is which is going down on Twitter has seen Buterin spitfire as he publicly calls Wright a “tyrant”. In his words : “The best time to oppose a tyrant or lunatic is one year ago. The second best time is today.” Vitalik’s post precedes a tweet from ViaBTC, a Bitcoin mining service provider who has in the process of replying a user who suggested a partnership with Wright’s Satoshi Vision, firmly stood in opposition saying : “I am sorry we don’t feel right to support the tyrant or lunatic who wishes to kill BCH and just try to invent a new coin of his own to develop his own mining industry, and wishes kill other companies just out of sheer personal grudge. This is totally unacceptable!”. - ViaBTC” This is possibly a reference to Buterin and Wright’s 2017 squabble that erupted from yet another tweet where Wright had once again tweeted that he was Satoshi Nakamoto. This was apparently getting on Buterin’s nerve as well as other cryptocurrency personnel, one of whom asked Buterin to call out Craig Wright for being a “faketoshi”. Buterin did not only hesitate to ridicule Wright’s post, highlighting that his incessant tweets would serve as a good argument against the #no280 twitter character movement, he also called Wright a fraud, saying “stop being a fraud please, you’re not Satoshi”. The post An Enraged Vitalik Buterin calls Craig Wright a “tyrant” appeared first on ZyCrypto.

16 hours ago

Bitcoin Cash (BCH) Price Analysis: Support Holding Ahead of Hard Fork

Bitcoin Cash continues to hover around the Fib retracement levels while traders await the outcome of the hard fork. By the looks of it, there is still no consensus in the community as a near 50-50 split on the versions is eyed. On the 4-hour time frame, the 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. In other words, the uptrend is more likely to resume than to reverse. After all, Bitcoin Cash recently formed a double bottom reversal pattern and was able to break above the neckline. Besides, the 100 SMA also seems to be holding as dynamic support around the 61.8% Fib and $500 handle. A larger dip could test the 200 SMA dynamic inflection point, but a break below this could mean a move back to the swing low or lower. Stochastic appears ready to climb after dipping into the oversold region, but there are signs of hesitation as well. RSI is turning higher even without hitting the oversold territory, suggesting that buyers are eager to return. In that case, Bitcoin Cash could recover to the swing high around $650. Market analysts seem to be projecting a larger probability of a selloff following the hard fork than a strong bounce. Based on data Bitfinex, there are currently 89,457 open BCH short positions and 53,322 open longs. The expected outcome is that BCH will split into two cryptocurrencies: Bitcoin ABC and Bitcoin SV. Some say that the recent bounce took place merely due to traders taking advantage of “free coins” that could be a potential result, but others believe that a “post-fork” drop is a more likely outcome. Still, the large amount of short orders suggests that a short squeeze might also be possible. The post Bitcoin Cash (BCH) Price Analysis: Support Holding Ahead of Hard Fork appeared first on Ethereum World News.

16 hours ago

Ripple Basking New Partnerships Amidst Crypto Markets Falling

A renowned bank in the Asian region, CIMB Group which is headquartered in Malaysia is the next banking institution to partner up with Ripple. It’s no surprise that CIMB will be using Ripple’s cross-border technologies to help its money transfer service. CIMB Group is the fifth largest bank in the Southeast Asian Nations (ASEAN) and will be one of the first banks in the region to use Ripple’s modern technology which is a considerable boost to Ripple. CIMB is spread in 15 countries, with over 850 branches and more than 13.5 million customers. The bank will upgrade it’s current money transfer service called SpeedSend by enabling Ripple’s technology. Ripple’s good news does not stop there! It was officially listed on Coinbase Custody, which allows institutional investors to invest largely in XRP, Ripple’s native currency securely. ZeroCrypted Opinion The market is facing the worst scenarios as of now with most of the cryptocurrencies hitting their lowest this year. At the time of writing Bitcoin (BTC) is at $ 5,477.44, Ethereum (ETH) is at $174.27 while Ripple (XRP) is at $0.446636. All three major cryptocurrencies are seen facing a major slump. What needs to be noticed is the market capitalisation of ETH and XRP which is second and third placed in ranking. ETH’s market capitalisation is at $17,987,721,733 while XRP’s market capitalisation is at $17,986,818,940. The figures show that XRP is not far behind Ethereum to take over and with partnerships going at full force even when the market is down, portrays Ripple’s confidence in their technology. With an Asian market to showcase its technology and a listing in Coinbase Custody means a higher demand for XRP. The high population of Asia and institutional investors having more safety in getting in on the XRP action will result in an exciting few weeks ahead for XRP. Image Source - Flickr The post Ripple Basking New Partnerships Amidst Crypto Markets Falling appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

16 hours ago

Possível final do período Bear com a queda dos preços das criptomoedas?

Por: Livecoins De acordo com o portal de notícias Crypto Briefing, o final do mercado Bear pode finalmente estar no seu final com essa queda do último dia 14 de novembro nos preços das criptomoedas. No momento da queda, não houve suporte emocional, não houve suporte de preços, os touros desistiram de suas posições e apenas o desespero imperou no mercado cripto. De acordo com a avaliação do portal, o último banquete dos ursos foi nesta data, com ótimas guloseimas por preços atrativos, uma verdadeira Black Friday no mercado das criptomoedas. Para quem comprou no topo do movimento de queda sem colocar stop, não houve forma de sair da posição com o jeito sendo o hold a melhor estratégia, e com a liquidez no mercado diminuindo, os mais desesperados foram vendendo para sair o mais rápido possível e dessa forma o urso salivou. Com o caso, o mercado cripto perde muito do seu valor, da sua reputação e do seu fascínio, principalmente por quem está no mesmo por especulação e/ou é novo na área, e por consequência não conhece as suas raízes. O momento da reflexão vai começando por agora em um momento que 2019 é cada vez mais realidade e após um 2018 para ser esquecido, este capítulo é só mais um que divide os homens dos meninos, visto que a tecnologia de transações P2P segue a toda pompa, encarando os bancos de peito aberto. A queda, vista com olhos mais calmos, poderia ser dita como o valor que as pessoas dão na tecnologia Bitcoin, e mais do que isso, reagem ao desespero de mercado, não sendo detectada neste capítulo nenhum problema com o Bitcoin ou com a blockchain em quesito segurança. Para quem comprou na alta e perdeu dinheiro, tanto em dezembro de 2017 quanto em novembro de 2018, adicione mais kilometragens na busca pela compreensão sobre o mercado cripto, afinal o mesmo é novo e volátil e você pode perder todo o seu dinheiro investido, é o que sempre falamos e não deixaríamos de falar em um momento como esse, mas complementando, você tem a muito ganhar em relação a sua aprendizagem financeira e liberdade individual, afinal 1 BTC continua valendo 1 BTC. Para você que chegou até aqui e está pela tecnologia e ideologia, que já viu idiotas de Twitter se passarem por bons palestrantes, que já acompanhou uma série de fraudes, que acompanhou uma série de calúnias midiáticas, por querer ser livre e ter um mundo mais justo, continuemos a nossa caminhada nesse sentido, pois ainda estamos nos 10 primeiros anos dessa íncrivel tecnologia e muitas pedras graúdas vão aparecer no caminho visto que o Bitcoin possui inimigos e isso é um fato. No momento da escrita desta, o Bitcoin estava cotado em cerca de U$ 5.700 após chegar aos cerca de U$ 5.500, destaque que é a segunda vez em 2018 que o Bitcoin opera abaixo de U$ 6.000. Outra curiosidade, é que o XRP havia assumido a segunda posição do mercado por uma pequena margem e em breves momentos, largando o Ethereum para terceira posição, também no momento de escrita desta. É a segunda vez em menos de 1 mês que isso acontece, ficaremos de olho no top 10 do coinmarketcap e na dança das cadeiras. Fonte: https://coinmarketcap.com/ Fique a vontade para deixar nos comentários a sua opinião sobre este tema! Fonte: crypto briefing O artigo Possível final do período Bear com a queda dos preços das criptomoedas? apareceu primeiro em Livecoins.

16 hours ago

Bitcoin Price Plunge Is Only Temporary, Says Brian Kelly

Bitcoin is currently down to its lowest level since October 2017, but Brian Kelly of BKCM LLC says the drop is only temporary. The cryptocurrency market also lost $25 billion in a day of massive losses for almost the entire market. Concerns Over Bitcoin Cash Hard Fork Wednesday, November 14th, saw Bitcoin plummet by more than 11 percent to set a new 2018 low at $5,600. Speaking to CNBC, Kelly identified the ongoing civil war within the Bitcoin Cash community over the upcoming hard fork as the reason for the selloff. Commenting on the matter, Kelly said: When you do a software upgrade, everybody usually agrees. But in this particular case, everybody is not agreeing, so, we’ve got ourselves a ‘crypto civil war. People started selling. That triggered stops. Everybody got concerned. Despite the sudden drop, Kelly says the situation is only temporary, even stating that his company “bought the dip.” Echoing Kelly’s statements, the Coinshares CSO, Meltem Demirors, said hard forks usually cause sudden changes in the market’s price action. According to Demirors, the uncertainty over the Bitcoin Cash hard fork saga is pushing many to reduce their risk exposure. The spike in sell orders likely triggered the broader market to go into a selling frenzy. Like Kelly, Demirors doesn’t believe the selloff is fatal for Bitcoin. The Coinshares CSO highlighted a slew of upcoming positive developments likely to improve the situation. However, Demirors did point out that the present situation could spell doom for many projects given the contracting liquidity. Many ICO projects already in tenuous positions before the drop might have some tough choices to make if this bear breakout persists. $25 Billion Wipeout The plummet itself saw Bitcoin fall below the $6,000 psychological support level for only the second time in 2018. The BTC price has previously tested this level on multiple occasions, bouncing back but to consecutively lower highs. BTC’s market capitalization is also below $100 billion for the first time since October 2017. Wednesday’s price rout saw the total market capitalization shed $25 billion. Presently, the market is down by almost 80 percent from its high of $820 billion at the start of the year. In the altcoin market, ETH failed to stay above its $200 psychological price level, losing its second spot to XRP. Will the Bitcoin price test $5,000 before any rebound? What is your end of year price forecast for BTC? Let us know your thoughts in the comment section below. Images courtesy of CoinMarketCap and Shutterstock. The post Bitcoin Price Plunge Is Only Temporary, Says Brian Kelly appeared first on Live Bitcoin News.

16 hours ago

Stellar Becoming a Preferential Network Choice while Liquidity Rising with Addition on Latoken & CoinGate

The 5th largest cryptocurrency is in the red by 8% at $0.2339 while addition on Estonia-based crypto exchange, Latoken and payment gateway CoinGate raises its liquidity. Moreover, Stellar is increasingly being used by different projects, the last one being MobileCoin and mobile messaging service Kik. 5th Largest Cryptocurrency Stellar on the Move Europe-based cryptocurrency exchange Latoken has announced support for the 5th largest cryptocurrency, Stellar (XLM). Less than 24 hours ago, the exchange made the official announcement on its website stating, “Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost.” It also listed Stellar-based token SureRemit (RMT) with trading pairs RMT/BTC, RMT/ETH, RMT/USDT, and RMT/LA. The payment gateway, CoinGate that buy, sell, and accept cryptocurrencies has also added support for Stellar. CoinGate took to Reddit to announce this, “We at CoinGate provide our merchants the way to accept major cryptocurrencies as a payment. So, recently we made a partnership with the exchange provider Changelly. Due to changes, Stellar community can now use XLM token and along other tokens as payment in e-commerce stores that uses the CoinGate payment gateway. So, if you ever stumble across one of our merchants, keep in mind that your XLM is always welcome there. Keep in mind that making payment with XLM is possible, if you spend more than $30.” In another instance, MobileCoin is working with Stellar as it wants to add simplicity to privacy protection and further make it resilient against attacks. Thanks @dmazieres and @StellarOrg for the mention in the IETF draft. We’re elated to be able to contribute to such a great project!https://t.co/92EZC6xZlX pic.twitter.com/lRW94rkOVc — MobileCoin (@mobilecoin) November 13, 2018 Just yesterday, mobile messaging service Kik announced that is moving its Kin crypto platform from Ethereum to Stellar. Ted Livingston, CEO of Kik shared, “We’ve been using Ethereum to date, and to be honest I call it the dial-up era of blockchain.” Moreover, the mission is to make Kin the most used cryptocurrency in the world as Livingstone shares on the release, “One Kin on one blockchain. That’s our vision, and our strategy continues evolving as we work toward building an infrastructure that supports this.” At the time of writing, Stellar has been trading at $0.2339 while registering 24-hours losses of about 8 percent. Having replaced EOS from the 5th spot, this $4.4 billion market cap cryptocurrency is managing the daily trading volume of $114 million. The post Stellar Becoming a Preferential Network Choice while Liquidity Rising with Addition on Latoken & CoinGate appeared first on Coingape.

16 hours ago


News courtesy of berminal.com
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