Factom FCT

Market Cap $ 111.464 MM (#36)
24h Volume $ 3.698 MM
Chg. 24h: -3.16%
Algo. score 3.6/5  (#130)
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Factom News

Daily Berminal Brief: Crypto Market Sees Some Positive Action on Saturday

The overall cryptocurrency market cap has seen a slight lift over the past 24-hours, spurred by a recent injection of fresh capital into the market in the last couple hours that saw $5 billion enter the space. At the time of writing, Bitcoin is trading at $3,485, an increase of 1.52% on the 24-hour chart while XRP is up 0.74% and trading at $0.308. Out of the top 100 coins, the best performing coin over the past 24-hours has been Factom (FCT) currently up 18.26% and trading at $14.05. (JF)

a day ago

Token use?

I really like Factom but what does the token itself do?

5 days ago

Factom [FCT] Continues to Outperform After Volatile Trading Session

Despite the bearish market condition which took place over the past few weeks, Factom has continued outperform other major cryptocurrencies. Trading in Factom was volatile yesterday, but the price has managed to continue its increase and currently trades close to $14. Price underwent a retracement last week after drops occurring across the market and a bearish divergence taking place between the price and RSI of Factom. The retracement resulted in price dropping close to around $7, but it managed to bounce from this point. Price has since managed to rise above resistance at the 200 EMA. It returned to this point yesterday, but the level acted as support. Momentum has been strong on the side of buyers in Factom with both the RSI and MACD increasing. Factom Daily Chart - Source: TradingView.com The initial increase in Factom took place from support around $4. It has since increased by over 200% and looks likely to continue its increase. The fact that Factom has been able to appreciate during bearish market conditions would indicate that investors consider the project fundamentally strong and may be setting up for an even better performance the next time the market is predominantly bullish. The project has significant funding backing it with investments from Tim Draper’s Draper Associates and the Bill and Melinda Gates Foundation. The project deals with trust and data integrity solutions by applying blockchain technology. Key Takeaways: Factom continues to outperform despite the recent bearish market conditions. Volatile price action trading yesterday met support at the 200 EMA but since went on to increase to around $14. Factom has a good chance of continuing its increase with strong buyer momentum reflected in the increasing MACD and RSI. The project also has significant backing. Factom [FCT] Continues to Outperform After Volatile Trading Session was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

6 days ago

Cryptocurrency Market Update: Binance Coin (BNB) Climbing as EOS Gets Crushed

FOMO Moments Markets recouping daily losses, Binance Coin and Nem are in the green, EOS is getting hammered. The downward motion on crypto markets has continued today as digital currencies slid further back before making a recovery. Monday’s declines have carried on into Tuesday during the Asian trading session but total market capitalization has managed to recoup to similar levels below $130 billion a couple of hours ago. Bitcoin bulls have failed to keep the digital currency above $4,000 causing it to drop into dangerous territory. A 5% dump saw BTC fall to an intraday low of $3,840 a couple of hours ago before it managed to bounce back. At the time of writing Bitcoin had pulled back to just above $4k again. Ethereum has fallen back to $112 and does not look like making any discernible recovery anytime soon. Altcoins are all still red at the moment with some getting more punishment than others. In the top ten EOS is getting pounded with a 10% dive to $2.55 as more centralization woes plague the project. As has been the case for a few weeks now Bitcoin Cash is collapsing, it was the worst performing crypto in November and has lost another 6% today. There is only one winner in the top twenty at the moment and that is Binance Coin climbing 9% on the day. BNB has reached $5.60 as it partners with Decentraland with a MANA competition and crypto Airbnb platform Tripio. Nem and Dogecoin are also gaining a little but the rest are falling, Ethereum Classic and Bitcoin Gold by the most at 6%. Pump of the day goes to Factom again adding 27%, ODEM and Pundi X are also performing strongly at the moment with double figure gains. As predicted, yesterday’s fomo altcoins are dumping today, namely Centrality, Mithril and MobileGo, all dropping double digits along with EOS. Total crypto market capitalization has managed to bounce back to yesterday’s levels after hitting a low of $124 billion a couple of hours ago. At the time of writing it is around $129 billion which is no gain over Monday. Since last Tuesday markets have gained 4% but since the same time last month they have been smashed 38%. 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 Cryptocurrency Market Update: Binance Coin (BNB) Climbing as EOS Gets Crushed appeared first on NewsBTC.

6 days ago

Factom (FCT) Blockchain Adopted by Yooya for Video Performance Verification in China

Yooya, an investee company of FastForward Innovations Limited Company, recently announced that it will be adopting the Factom (FCT) harmony platform as their chosen blockchain solution. The integration will enable immutable recording and validation of the performance of online video content in China. China has the world’s largest online video market, and the Factom Harmon platform is one of the few blockchains in the market that can currently scale to the level required to keep up with Chinese media demand while also creating an efficient, decentralized digital media exchange. (JF)

6 days ago

Why did we create Factom Harmony? To use blockchain to solve...

Why did we create Factom Harmony? To use blockchain to solve some of our most common business problems:… https://t.co/rnPGCJcpLz

6 days ago

Yooya adopts Factom blockchain for video performance verification in China

CryptoNinjas FastForward Innovations Limited Company today announced that its investee company Yooya will adopt the Factom Harmony platform as their blockchain solution delivered through Wancloud, Factom’s re-seller in China. This will deliver immutable recording and validation of... Yooya adopts Factom blockchain for video performance verification in China

7 days ago

Factom [FCT] Continues to Outperform With 200% Increase

The overall performance for 2018 has been extremely bearish for cryptocurrencies. There have been huge amounts of value lost in almost every cryptocurrency. The declines accelerated over the past few weeks led by market leader Bitcoin dropping from around $6400 to a 2018 low below $3500. Factom has been one exception to the recent bearish market conditions seen. Price has increased around 200% over the past month moving from support at $4 to a current price around $12. The project has robust partnerships behind it with the Bill and Melinda Gates Foundation being one of the contributors to the project. The project met some resistance at the 200 EMA during the increase. This along with a bearish divergence taking place between price and RSI resulted in price dropping back last week, but it has since continued its appreciation. Price dropped down to near $7 after meeting the resistance but is now continuing its increase with strong momentum. Both the RSI and MACD have been increasing indicative of the strong buyer momentum. Today’s trading has been volatile as traders try to assess the return to increasing movements. A low of $10 has been formed today while the high is around $14. Although there may be more drops due to today’s volatile movements in Factom, the overall outlook looks bullish with the strong performance and bullish momentum for the altcoin. Factom Daily Chart - Source: Tradingview.com Key Takeaways: Factom has been one of the altcoins outperforming despite bearish market conditions being seen across the rest of the market. Factom met some resistance at the 200 EMA during its increase, and this combined with a bullish divergence between price and RSI resulted in price retracing to around $7. Momentum is strongly on the side of buyers with both the RSI and MACD continuing to increase. Trading has been volatile today as traders assess the return to sharp price increases. Overall, the outlook looks bullish for Factom given the strong buyer momentum and outperformance. DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Factom [FCT] Continues to Outperform With 200% Increase was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

7 days ago

Today @YooyaChina announced their adoption of the Factom Har...

Today @YooyaChina announced their adoption of the Factom Harmony platform as their blockchain solution delivered th… https://t.co/I3sfvgrrY8

7 days ago

Cryptocurrency Market Update: $10 Billion Dumped as The Dead Cat Bounces

FOMO Moments Crypto markets predictably dumping this weekend, Bitcoin SV, Cardano and Neo getting hurt. As predicted crypto markets have dumped again after a few days of solid gains and the dead cat has bounced. Over $10 billion has flooded out wiping out all progress made this week. Total market capitalization is back below $130 billion and heading south again. Bitcoin led the lemmings once again when it plunged almost 9% from $4,300 to a low of $3,940 a few hours ago. BTC has since recovered to back around the $4,000 level but further losses are likely. Ethereum tumbled in predictable fashion with a loss of over 6% to a $112 low for the day where it currently trades. Altcoins are all bleeding again during Asian trading today. Bitcoin SV dropping the most with over 12% down towards $90, its brother BCH not far behind with an 8% slide. Cardano is losing a similar amount as it slips closer to dropping out of the top ten again. Stellar has retained its fourth spot above Bitcoin Cash despite dropping 6%. The rest in the top ten are dropping 4 to 6 percent on the day at the time of writing. The top twenty is enduring heavier losses this Saturday with Neo, Zcash and Ethereum Classic all shedding 8 to 10 percent at the moment. The rest are falling around 6 to 8 percent on the day. Yesterday’s fomo pump is still going today as Theta Token adds another 40% during the bleed out. It would be unwise to bet against it being the biggest dumper tomorrow however. Factom and MOAC are still climbing at the time of writing. Dumping the pump is Bitcoin Private nosediving 18% on the day, closely followed by Chainlink dropping 15% during Asian trading. Today’s dump has been predicted as crypto markets dropped $10 billion in a few hours. Total market capitalization currently stands just below $130 billion and is poised for further declines which may mirror last Sunday’s big dump to the lowest point of the year. All gains made during the week have now been lost in the 7% slide and there are dark clouds on the horizon in crypto land. 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 Cryptocurrency Market Update: $10 Billion Dumped as The Dead Cat Bounces appeared first on NewsBTC.

9 days ago

One size does not fit all! Check out the handful of things t...

One size does not fit all! Check out the handful of things that make the Factom blockchain unique:… https://t.co/H57YMNjzJX

10 days ago

Cryptocurrency Market Update: Real Recovery or Dead Cat Bounce?

FOMO Moments Markets are still gaining, Bitcoin SV, Cardano, Tron and Verge on the up. The recovery on crypto markets has continued for a second day but has slowed down somewhat. Percentage gains today are less than what they were yesterday but market capitalization is approaching $140 billion once again. Many are calling a ‘dead cat bounce’ on Bitcoin indicating that it will meet resistance at $4,200 and plunge back into the depths below $4,000 again. BTC has made 7% on the day and reached this resistance level just passing it to clear $4,300 few hours ago. Ethereum has not been so fortunate with a smaller gain on the day to take it just above $120. ETH is really struggling at the moment with the threat of further ICO selloffs and EOS and Tron snapping at its heels. Most altcoins are in the green again today but gains are smaller. Leading the way in the top ten at the time of writing is Cardano which has reversed yesterday’s dump to gain 12% back again. Stellar has remained above EOS with 9% added, Litecoin has 8%, and Bitcoin SV has remained in the top ten with a 6% gain on the day. The top twenty’s top coin is Tron with a 22% jump to $0.015. Odyssey 3.2 has just been released which could be driving momentum. Neo and Zcash are also still gaining around 10% on the day but the rest are about 4-6 percent up. Tezos is the only coin in the red in the top 50 aside from stablecoins. Bitcoin Private is still surging and tops the one hundred chart with a fomo driven pump of 50% at the moment. Also getting a good spurt of almost 50% on the day is Verge which has recently been listed on Bithumb. Factom is regaining losses too, up 40%. [New Coin Listing] Weshow Token (#WET) and Verge (#XVG) will be listed on #Bithumb! ■Timeline: November 29 (Thu), 2018 in the afternoon. UTC+8 (KST) Visit Bithumb website and trade newly listed cryptocurrencies https://t.co/6MRxyQeeQV pic.twitter.com/Q6pxfd46Yu — Bithumb (@BithumbOfficial) November 29, 2018 There are no real losers dumping right now as altcoins are mostly all in recovery mode. Total crypto market capitalization has added another 6.8% on the day to reach $140 billion. This is around the level it reached after the second dump so things could go south again very quickly unless momentum is sustained. Trade volume has almost reached $20 billion but it is unlikely we are out of the woods yet. 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 Cryptocurrency Market Update: Real Recovery or Dead Cat Bounce? appeared first on NewsBTC.

11 days ago

What is Factom Harmony? The short answer: an integration pla...

What is Factom Harmony? The short answer: an integration platform that allows enterprises and software vendors to q… https://t.co/RHMcNTMVjw

11 days ago

Cryptocurrency Market Update: Another Rebound Which May Not Last

FOMO Moments Markets rebound again, but have a long way to go; Monero, Nem and Zcash rising Bitcoin SV dumping hard. There has been another rebound today as markets bounce between two low levels. Yesterday’s decline has reversed as that $7 billion has been funneled back into crypto today to take market capitalization back over $130 billion again. Bitcoin has pulled back the 7% it lost yesterday to take it back above $4,000 again, but only just. BTC hit that support zone of $3,650 for the third time yesterday and bounced off it again. A short spurt a few hours ago has propelled Bitcoin back towards its resistance level at $4,100 which it has also hit a couple of times. Ethereum is slow to do anything these days though it has been dragged back from the sub $100 cliff by 7% to $115 at the time of writing. It is completely tethered to the movements of Bitcoin at the moment as most cryptos are. Altcoins are generally in the green during the day’s Asian trading session. The biggest climber in the top ten over the past 24 hours has been Monero, gaining 11% to knock Cardano down to eleventh. Stellar and Litecoin have both clawed back 9%, Bitcoin Cash and EOS have moved very little, and Bitcoin SV has dumped 10% down to $90, sliding back down the chart it only entered yesterday. Further down in the top twenty Nem and Zcash are making 12%, with Ethereum Classic and Neo close to 10% on the day. Continuing to fall back down the market cap charts along with Cardano is VeChain and OmiseGO. Big fomo driven pumps at the fat end of the top one hundred altcoins list are happening for Bitcoin Private. A listing on Changehero has boosted BTCP which is up over 30% at the moment. Zilliqa, Digibyte and Verge are all making more than 17% on the day. Joining Bitcoin SV at the messy end of the table is Factom and ODEM dumping all recent gains in a well repeated pattern. There are only a handful of altcoins losing ground today though. Total crypto market capitalization has gained 5.6% on the day taking it back to $131 billion where it was on Monday. Trade volume is up to $18 billion which is higher than it has been for quite some time, discounting the big purge last week. Since the same time last Wednesday however markets are still down 9%. 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 Cryptocurrency Market Update: Another Rebound Which May Not Last appeared first on NewsBTC.

12 days ago

[AMA] We're Authority Node Operators, the coalition of companies decentralizing the Factom Protocol. Ask us anything!

**Authority Node Operators will begin answering questions at 18:00 UTC on November 29th.** **Who We Are** We're a group of 20 of the 26 (eventually 65+) Factom Authority Node Operators (ANOs) who have decided to take part in an AMA. Authority Node Operators are companies that operate the server infrastructure that decentralizes the Factom protocol. We are also charged with, "Furthering the Protocol" in whatever ways we choose. In return for our services, we earn 1,123 FCT per server, per month, minus "efficiency". If we don't do a good job, our status as an ANO can be removed. Eventually, there will be 65+ Authority Node Operators. **Time** Please begin asking questions immediately. On November 29th at 18:00 UTC (10am PST) ANOs will begin answering questions and the community can continue to ask questions. On December 1st at 23:59 UTC the AMA officially ends but the community and ANOs are welcome to continue to engage each other within the thread. **Authority Node Operators** The following ANOs have agreed to take part in this AMA (it's purely optional). You will know a username has been validated as it will have flair of the ANO after their name. Authority Node Operator | Usernames | Team | Website | Twitter | ---|---|----|----|----| Bedrock Solutions | Bedrocksolutions | [Team](https://factomize.com/forums/major-contributors/ano/bedrock-solutions/)| - | - Blockchain Innovation Foundation (BIF) | BlockchainInnovation | [Team](https://factomize.com/forums/major-contributors/ano/bi-foundation/) | [Website](https://blockchain-innovation.org/) | [Twitter](https://twitter.com/St_BIF) Blockrock Mining | Siverpro, Laende | [Team](https://factomize.com/forums/major-contributors/ano/blockrock-mining/) |[Website](https://www.blockrock.no/) | - Building Innovation Management (BIM) | BenJ | [Team](https://factomize.com/forums/major-contributors/ano/buildingim/) |[Website](http://buildingim.co.uk/) | [Twitter](https://twitter.com/BuildingIMLtd) Canonical Ledgers | Canonical-ledgers | [Team](https://factomize.com/forums/major-contributors/ano/canonical-ledgers/) |[Website](http://canonical-ledgers.com/)| [Twitter](https://twitter.com/CLedgers) Crypto Vikings | Crypto_Vikings | [Team](https://factomize.com/forums/major-contributors/ano/crypto-vikings/) | [Website](https://cryptovikings.no) | [Twitter](https://twitter.com/vikings_crypto) Cube3 | Cube3mike Cube3tom | [Team](https://factomize.com/forums/major-contributors/ano/cube3/) | - | [Twitter](https://twitter.com/Cube3Tech) DBGrow | DBGrow | [Team](https://factomize.com/forums/major-contributors/ano/dbgrow/) | [Website](https://dbgrow.com/) | [Twitter](https://twitter.com/db_grow) DeFacto | Ilzheev | [Team](https://factomize.com/forums/major-contributors/ano/de-facto/) |[Website](https://de-facto.pro/) | [Twitter](https://twitter.com/defacto_team) Factom Inc | PaulSnow, BrianDeery | [Team](https://factomize.com/forums/major-contributors/ano/factom-inc/) |[Website](https://www.factom.com/) | [Twitter](https://twitter.com/factom) | Factomatic | Factomatic | [Team](https://factomize.com/forums/major-contributors/ano/factomatic/) |[Website](https://factomatic.io/) | [Twitter](https://twitter.com/Factomatic1) | Factomize | DChapman77 | [Team](https://factomize.com/forums/major-contributors/ano/factomize/) |[Website](http://www.factomize.com/) | [Twitter](https://twitter.com/factomize) | Factoshi | Factoshi-io |[Team](https://factomize.com/forums/major-contributors/ano/factoshi/) |[Website](https://www.factoshi.io) | [Twitter](https://twitter.com/factoshi) | Federate This | BobbyEK | [Team](https://factomize.com/forums/major-contributors/ano/federate-this/) |[Website](https://off-blocks.com) | [Twitter](https://twitter.com/FederateThis) | HashnStore | Matt_HNS, Zod_HNS | [Team](https://factomize.com/forums/major-contributors/ano/hashnstore/) |[Website](http://hashnstore.com/) | [Twitter](https://twitter.com/HashnStore) | Luciap | Luciap_tech | [Team](https://factomize.com/forums/major-contributors/ano/luciap/) |[Website](https://www.luciap.ca/#/) | [Twitter](https://twitter.com/LuciapTech) Multicoin Capital | Mylessnider | [Team](https://factomize.com/forums/major-contributors/ano/multicoin-capital/) | [Website](https://multicoin.capital/) | [Twitter](https://twitter.com/multicoincap) RewardChain | FactomKiwi | [Team](https://factomize.com/forums/major-contributors/ano/rewardchain/) | [Website](https://rewardchain.co) | - The Factoid Authority | TheFactoidAuthority | [Team](https://factomize.com/forums/major-contributors/ano/the-factoid-authority/) |[Website](https://factoidauthority.com) |[Twitter](https://twitter.com/TheFactoidAuth) Veteran Blockchain Investment Firm | Nolan_VBIF | [Team](https://factomize.com/forums/major-contributors/ano/vbif/) | [Website](http://vbif.io/) | [Twitter](https://twitter.com/Nolan_vbif) Additional ANOs may choose to signup up until the answering of questions begins. If a specific ANO is asked a question and does not regis

12 days ago

BTC/USD Price Analysis: Bitcoin Support at $3,600, Path to $4,500?

After two weeks of incessant sell pressure and analysts giving up on bulls, it seems like BTC/USD sellers are exhausted. Notice that BTC is finding minor support at $3,600 or Nov 25 floors and if today close higher then we might see a temporary recovery towards $4,700. On the flip side and Vinny Lingham projections will be valid. Latest Bitcoin News 10 months after the unfortunate hack that saw $530 million worth of NEM siphoned off from Coincheck, the Japanese exchange is back in operation after reinstating deposits and purchases of XRP and Factom (FCT). This now means users can deposit and withdraw in fiat—Yen and crypto. That’s aside from allowing sign ups. Its lending service is now back in operation though traders won’t leverage their trading neither will they be able to deposit fiat from convenience stores. Read: Report: Blockchain Market to Be Worth over $28 Billion by 2025 As Coincheck gears up, BitMex Insurance Fund now holds 18,851 BTC. According to the exchange, the fund is used to prevent auto-deleveraging traders’ positions and the fund grows from market liquidation executed at a better price than at bankruptcy level. Because of this, online commentators now think this minor Bitcoin accumulation would help shore prices after two weeks of turmoil that saw BTC sink $1,500 hours after the disastrous hash rate war between Bitcoin Cash SV and ABC. Read: CNBC Tech Correspondent: Bitcoin’s Survival Hinges on People Believing in It While it would be the perfect shot in the arm if bulls find a way and bounce above $5,000, market analysts are shying away from bullish comments. While talking to CNBC Fast Money, Vinny Lingham of civic talks of Crypto winter where he projects that Bitcoin prices will be trapped within a tight range between $3,000 and $5,000 till end of Q2 2019. During this time, he says, there will be a lot of short-term buys which will surely help in recovery. BTC/USD Price Analysis Weekly Chart At spot prices, BTC/USD is down 23 percent in the weekly chart and unfortunately for bulls, bears are not slowing down. Though we expect a temporary pullback, the past two weeks draw down has shaken coin holders to the core and with the emergence of a new faction—the sodlers, we could as well see a temporary reprieve offering these sellers another opportunity to unload their stash further fueling this sell frenzy. Unless otherwise there are strong bulls driving price above our minor resistances at $4,700 and maybe $5,000, we shall retain a bearish outlook expecting prices to test $3,000 by the end of the week as price action complement week ending Nov 18 bear breakout pattern. Daily Chart In line with our last BTC/USD price analysis, sellers are clearly in control and as mentioned above, aggressive traders can take every opportunity to unpack their BTC holdings more so if bulls fail to clear the $4,700 mark assuming prices bounce back from spot. After all, they may now that BTC is finding short-term floors at $3,600 or Nov 25 lows. However, if buyers breach and close above $4,700 then we may see a temporary rally towards $5,000 and even to $5,800 as the market sparks back to action. All Charts Courtesy of Trading View Disclaimer: Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision. The post BTC/USD Price Analysis: Bitcoin Support at $3,600, Path to $4,500? appeared first on NewsBTC.

12 days ago

Crypto Market Update Nov.27: Crypto Clearance. What To Expect Next

A stormy week has gone by in the crypto market. Bitcoin continues its downward trend and other alt coins are crashing. The ongoing correction brings with it the usual question of whether and where the turning point will come. It is difficult to say whether the market is nearing the end of the correction and if we rely on past experience, it appears that the market correction has been going on for about two years, and we have not yet been through a year since the last correction began. Bitcoin is highly speculative and it is still too early to quantify the value of its technology. If and when adoption and mass use of Bitcoin appear to be widespread, only then can its price be estimated more reliably. Until then, market events and trading psychology will continue to cause volatility and possibly an ETF endorsement could trigger another upswing in the near future. This is not financial advice.. In addition, the entire market looks up to the halvening when the quantity of Bitcoin produced from mining is cut by half. In the past, the halvening effected the price of Bitcoin and the next halvening will happen in May 2020. If all this is happening, we must be encouraged to remember that despite the market’s decline, the infrastructure continues to be built. It will take time for the market and the general public to learn about the value of decentralization and how it can change the way people conduct themselves, especially about the transparency of the monetary system with blockchain technology. It is also important to note that the market cap shrinking to a value of 121 billion opens the possibility of large players to manipulate prices. At the same time, the hype of 2017 caught the attention of many institutional investors who are considering their entry into the market. Will they see the decline as an opportunity to buy cheaply or to forget about cryptocurrency completely?? We will not know until the near future. For altcoins the story is different and the trend is mixed considering the relationship with theUSD. . Most alts suffer because they are traded and measured against Bitcoin and therefore the impact on them is stronger and most of them are in the red. On the other hand, when traded against Bitcoin, some of the alts are actually on the rise, or trading around their floors and do not continue to lose value in relation to Bitcoin. For example, Factom continues its rise of around 50% this week and it is impossible not to pay attention to Bitcoin SV, which slipped to 8th place in terms of market cap, with a 122% rise against Bitcoin last week. It seems that the market is still producing interest, which can stimulate another wave. In conclusion, the nerve index is rising from the ego war being waged by Bitcoin Cash, the regulation tightening around ICOs and the media that has returned to eulogize Bitcoin as a passing bubble. In the background, the hash rate is declining after two consecutive years of steady increase. But the last word has not yet been said. Crypto News & Headlines Residents of Ohio Can Now Pay Taxes Using Bitcoin. The Ohio tax department has partnered with crypto payment processor BitPay to become the first state in the U.S. to allow businesses to pay taxes using Bitcoin. More fuel to the fire? Bakkt Bitcoin Futures Launch Date Postponed to 24 of January 2019. In the midst of bearish movements, the Bitcoin Futures proposed by startup Bakkt has been postponed yet again, much to the dismay of crypto traders. Report: US Justice Department Probes Tether for Bitcoin Price Manipulation. Controversial stablecoin Tether was in the news once again, this time for fresh concerns raised by the DOJ that the stablecoin was used to fuel Bitcoin’s massive rise in 2017. Bitcoin Lightning Network Explodes To New Heights With $2m Capacity. The number of channels on the Bitcoin Lightning Network hit 12,000 in the past week while the scaling solution handled over $2 million in BTC. Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer. Many Copay wallets belonging to payment processor BitPay have reportedly been compromised after a developer updated the source code with malware. Charts & Analysis Bitcoin Trading around $ 3700 fragile with support at $ 3600 and seems to be still looking for the floor. There is a trend that is repeating itself in declines and according to the rise in trading volume, it seems that there are those who are starting to buy despite the declines. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'xlRGVoEV'; new TradingView.chart(tradingview_embed_options); Ethereum Against the dollar it is trading around $107 and support is estimated to be around $100 in the meantime. And while the market is down, the resistance level cannot be determined. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; trad

12 days ago

Daily Cryptocurrency News - 26th November 2018

Here are the most important cryptocurrency news of 26th November 2018: Japanese Cryptocurrency Exchange Coincheck Resume Its Service For Ripple (XRP) And Factom (FCT) After suffering the worse hack of 2018, Coincheck has now resumed services for all its nine cryptocurrencies available for trading. The Monex Group company announced on Monday, 26th November 2018 that the platform is now usable and safe for cryptocurrency traders. Their registered traders as well as new ones can deposit and purchase Ripple (XRP), Factom (FCT) as well as Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) Bitcoin Cash (BCH), NEM (XEM), Lisk (LSK). The last two cryptocurrencies on the list were XRP and FCT - which were added today. The platform is live, though its missing some of its old features like: leveraged transaction , JPY depositing through convenience stores and a way for users to pay power bills with crypto.CoinCheck was hacked of $533 Million worth of cryptocurrency in January and has been acquired by the Monex Group in April for an amazing account of $33.5 Millions. Right now, the platform have a $28 Million in trading volume over the last 24 hours. One of the facts that made the users come back to Coincheck - even though it was hacked - its the fact that they accepted the incident and refunded all of their trader. Companies like BitGrail which were hacked of a lower amount couldn’t do this and they ended up with the remaining Bitcoin seized by the Italian Government. Ohio - The First State to Accept Bitcoin Starting November 26th, Ohio will be the first state to accept Bitcoin payments for 23 types of business taxes. They are the first in the United States and among the first governments in the world to accept cryptocurrency as a way of paying for taxes. But this deal wasn’t made alone. Ohio State is now accepting payment in cryptocurrency using BitPay. According to the Ohio Treasurer’s website, people would be able to pay their utility tax, sales tax and employee withholdings taxes in crypto - among with other 20 types. Cryptocurrencies cannot be transferred to third parties without user initiation, thereby practically eliminating fraud; Anyone can view all transactions on the blockchain network; Payments on the blockchain can be tracked on a second-by-second basis; a minimal fee is charged to confirm transactions on the blockchain network.” For the moment, there’s possible only with Bitcoin. But as the Ohio’s Treasurer’s Website stated the Treasurer’s office looks forward to adding more cryptocurrencies in the future.”. Ohio’s also exploring the blockchain technology, as they declared: “[we are] working to help make Ohio a national leader in blockchain technology.” This could be a great thing for governments worldwide. Ohio set up an example - example that might lead to a more secure, more transparent and more efficient way to pay the bills. And all of this would have a proof on the blockchain that its there to stay. TRON’s Technology Attracts More Developers Tron recently published their dApp weekly report and the numbers are better than in the past. More than 20 dApps are now available over the Tron’s Mainnet and the stats are increasing week by week - even if the market conditions are harsh. Compared with the last week’s transaction volume, the Tron network increased by 15%. We’ve heard a few weeks before how Tron’s account number surpassed the EOS and the number of transaction daily grow to an amazing 1.5 Million. This could also be due to the launch of the Tron’s DEX - that now have more than 100 million TRX transaction volume per day. Moreover, another interesting fact is the future Tron Accelerator - an online contest for developers that want to build dApps on the Tron blockchain protocol. There are 56 prizes with a total value of $1 million and the first place will go home with $200,000 and a free pass to niTROn Summit in San Francisco on January 17th. On the dApp report is was also mentioned how TRONdice will soon launch a new version. There would be a gaming/mining mode where dice token holders can share 70% of the profit TRONdice generates and vote on important issues on the platform. Tron also have a new partnership with Thunder Stone Games - that will award their players with TRX. Aphelion Pause Trading & Refunds Users Aphelion, the most known decentralized exchange on the NEO blockchain decided to disable mainnet trading. All the pairs from the platform were stopped on November 21, 2018. Users started to receive refunds of their cryptocurrencies on November 23d, 2018. The decentralized exchange earned only 700 APH ( ~$20 ) in fees and will not touch them until the DEX is reinstalled. The reason of the pause is pretty serious though. Ian Holtz, Aphelion CEO stated: “It’s been a perfect storm of bad news: new SEC rulings, disastrous market conditions, NEO tech challenges and diminishing cash flow. First, recent SEC action against EtherDelta sets a new precedent that directly impa

14 days ago

Bitcoin parece se recuperar após o massacre do fim de semana, Altcoins enfrentando resistências

Por: Livecoins Após um final de semana vermelho escuro no mercado de criptomoedas, tanto o bitcoin quanto as principais altcoins começaram a se recuperar nesta segunda de manhã. Nas últimas 24 horas o bitcoin subiu mais de 4% em relação ao final de semana que teve mínima de US $ 3.500. Do ponto de vista da análise técnica, o bitcoin e outras moedas importantes parecem ter encontrado algum suporte em torno dos níveis de setembro de 2017. A questão, no entanto, é se esse nível vai se manter, ou se o mercado vai cair mais. Após a grande queda do mercado de criptomoedas, a capitalização encolheu agora para cerca de US $ 130 bilhões, de um pico de US $ 822 bilhões em janeiro deste ano. Portanto, mais de 50 das maiores empresas de capital aberto do mundo agora têm valores de mercado maiores do que o mercado inteiro de criptomoedas. Isso inclui todas as famosas empresas de tecnologia - o chamado grupo de ações FAANG (Facebook, Amazon, Apple, Netflix e Google) -, mas também muitas empresas menores, como McDonald’s, Walt Disney e MasterCard . Bitcoin Cash com as maiores perdas Entre os maiores perdedores durante a recente onda de vendas de criptomoedas, o Bitcoin Cash (BCH) se destaca, conhecido como “fakebtc”, a moeda que ironicamente se intitula “verdadeiro bitcoin”, foi duramente atingida pela briga interna entre os desenvolvedores do Bitcoin ABC e Bitcoin SV. O Bitcoin ABC parece ter saído vitorioso, mesmo assim teve grandes perdas no preço, uma vez que caiu de mais de US $ 380 na semana passada para apenas US $ 167. A moeda também perdeu brevemente o seu quarto lugar para EOS, embora isso tenha sido revertido hoje de manhã. Contratos Futuros de Bitcoin Expiram na sexta-feira (30) Embora o mercado pareça ter encontrado pelo menos algum suporte, a volatilidade pode estar voltando ao bitcoin em breve. Na sexta-feira (30 de novembro), os contratos futuros do bitcoin na bolsa CME Group devem expirar - uma ocasião mensal que alguns sugerem ter causado quedas no bitcoin no passado. Bitcoin e Altcoins enfrentando resistências difíceis Depois de perder o suporte de US $ 4.000, o preço do bitcoin caiu para o suporte de US $ 3.600. O preço é atual é de US $3.740. Se os compradores precisarem ganhar impulso de alta, eles precisam empurrar o preço acima de US $ 4.200. Por outro lado, um rompimento abaixo de US $ 3.500 pode empurrar o preço para US $ 3.000. Ethereum O preço do Ethereum caiu drasticamente abaixo dos níveis de suporte de US $ 120, US $ 118 e US $ 110. Hoje o preço chegou a subir cerca de 2% e atualmente está sendo negociado acima de US $ 100. Os suportes anteriores de US $ 120 e US $ 125 estão atuando como grandes barreiras. Se a moeda subir acima US $ 125, o preço poderia ser alavancado para a próxima resistência semanal em US $ 150. Outras altcoins Muitas altcoins recuperaram mais de 15% hoje, incluindo SRN, ETP, VERI, MONA, POLI, RVN, FCT, XTZ, ARK, ARDR e NEXO. Destas, a SRN subiu cerca de 70% e a ETP ganhou cerca de 33%. A queda recente do bitcoin abaixo de US $ 4.000 foi assustadora para os investidores. O Bitcoin parece estar se recuperando, mas os traders precisam ganhar força acima das barreiras semanais de US $ 4.100, US $ 4.200 e US $ 4.400 para uma sólida recuperação nos próximos dias. Se os compradores falharem, poderá haver uma nova queda no bitcoin e nas altcoins. O artigo Bitcoin parece se recuperar após o massacre do fim de semana, Altcoins enfrentando resistências apareceu primeiro em Livecoins.

14 days ago

Coincheck Resumes Full Operations After Months of Post-Hack Suspension

One of Japan’s largest cryptocurrency exchanges, Coincheck, announced today in a press release that it has resumed its trading activities on assets Ripple (XRP) and Factom (FCT), thus making all assets on its platform fully available for trade. It finally resumes full trading activities with the deposits and buying of these two assets after months …

14 days ago

Victim of the ‘Biggest Crypto Theft in History’ Coincheck Resumes XRP Trading

CoinSpeaker Victim of the ‘Biggest Crypto Theft in History’ Coincheck Resumes XRP Trading Ten months ago Japanese cryptocurrency exchange Coincheck, now a subsidiary of the Japanese financial services giant Monex Group, was widely discussed, nevertheless, given the reason for it, it is difficult to say that the team behind the platform was satisfied with such a popularity. Coincheck became a victim of hackers, as a result of their attack it lost funds worth over $530 million in NEM tokens. The attack was later considered to be the biggest crypto theft in the history and resulted into increased regulatory scrutiny of crypto exchanges in the country. Coincheck Now Nevertheless, step-by-step Coincheck has managed to come back. After the theft, the platform started to take recovery measures and to distribute reparations to clients who had lost their funds. In spring, the exchange accepted a takeover bid by Japanese online brokerage Monex Group Inc. and became its subsidiary. Coincheck was acquired for around $33.5 million. Just recently, it has been revealed that today, on November 26, Coincheck is resuming trading pairs for XRP and Factom (FCT) tokens. The fact that the platform is adding these two cryptocurrencies means that now it has completely renewed its depositing and purchasing offerings for all tradable cryptocurrencies since the moment of their cancellation in January after the theft. What Is Already Done Lately, Coincheck has been actively reviving its services. In late October, platform’s customers got an opportunity to register new accounts and deposit 4 cryptocurrencies. This list included Bitcoin (BTC), Ethereum Classic (ETC), Litecoin (LTC) and Bitcoin Cash (BCH). Several weeks later, in the middle of November, Coincheck added 3 more options: Ethereum (ETH), NEM (XEM) and Lisk (LSK). As Coinspeaker has reported, the Coincheck’s announcement of adding NEM token to its platform led to NEM’s sudden surge: its price increased by 25 percent. Further Plans In the issued announcement, Coincheck warns its customers that due to increased traffic volumes, some temporary difficulties in accessing the platform or working on it may appear. That’s why the company reserves the right to suspend trading without any prior notice if it is required by the situation. Moreover, according to the platform, they may postpone the resumption of XRP and FCT trading in case something goes wrong. As it has been disclosed by the firm, now the team is exploring a possibility to resume its other services in the near future. Among these services it’s worth mentioning leveraged transactions for new positions, JPY depositing via convenience stores, JPY quick depositing, Coincheck Payment and Coincheck DENKI. Nevertheless, these services will be re-launched only when external experts confirm that the products and the systems of Coincheck are absolutely safe from the technical perspective. It will help to prevent any unexpected situations like the one that happened in January. To learn more about XRP coin, Ripple company and their innovative solutions, please check out our awesome guide. Victim of the ‘Biggest Crypto Theft in History’ Coincheck Resumes XRP Trading

14 days ago

Factom [FCT] Price Surges Over 100% Despite Bearish Crypto Market, Relists on Coincheck

Despite extremely bearish movements across the market, Factom has been holding its value and undergoing a recent surge. The cryptocurrency which focuses on using blockchain technology to build data integrity and trust systems had been holding support solidly around $4 despite the rest of the market sharply declining. The cryptocurrency which is ranked 47th in terms of total market cap has been holding this support level since mid-August. The cryptocurrency has partnerships driving it with the Bill and Melinda Gates Foundation after making contributions to the project. The price began to sure in mid-November despite the rest of the market steeply declining. Price currently trades around $10.30 after reaching an intraday high of around $14 today. The surge in the project has managed to move above several potential resistance points including the 200 EMA and the $10 point showing that there is significant strength behind this surge. Momentum is currently on the side of the buyers with both the daily MACD and RSI increasing. The RSI has entered overbought territory but this likely to have little impact amid the strong buyer momentum. Factom Daily Chart - Source: TradingView.com The bullish movements for Factom are likely to continue as Coincheck has relisted the altcoin to their exchange. This opens up new routes for fiat capital as users can purchase Factom with Japanese Yen through the exchange. Key Takeaways: Factom has both held key support and surged despite the rest of the market undergoing extremely bearish movements. Price has overcome numerous potential resistant points including the 200 EMA and $10 mark showing that there is real strength behind this surge. The rise is likely to continue with strong buyer momentum and Coincheck relisting the altcoin opening it up to Japanese Yen capital. Factom [FCT] Price Surges Over 100% Despite Bearish Crypto Market, Relists on Coincheck was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

14 days ago

Factom (FCT) Extends Winning Streak Even During Week of Capitulation Selling

The FCT asset is bucking the trend by holding above the $10 mark and gaining ground against Bitcoin (BTC).

14 days ago

Daily Berminal Brief: Bitcoin Experienced Its Worst Week In 5 Years As It Dropped Below $4,000, And Bakkt Is On Track For Phase 2

The State of The Market - November 26, 2018 BTC: $3,976.23 (+3.26%) XRP: $0.373221 (+6.65%) ETH: $114.62 (+3.53%) The market is in green today, after touching new lows yesterday. However, over the weekend, Bitcoin crashed to a low of $3,520, and Ethereum dropped to an 18-month low of $98. While the market is experiencing a healthy correction today, it is still bearish in the short-term. Bitcoin is expected to drop further before the next major bull run begins. In other news, the forked cryptocurrency Bitcoin Cash SV is up by 80% in the last 24 hours. It comes after Craig Wright confirmed that he will move away from the current conflict with Bitcoin Cash and focus on development. BCH SV reached a high of $118, while BCH ABC is trading at $183. Also, hacked cryptocurrency exchange Coincheck has added Ripple (XRP) and Factom (FCT). In so doing, the firm resumed its depositing and purchasing services for all tradeable digital currencies on its platform since it disabled them in January. The suspension came after hackers stole more than $500 million worth of NEM tokens from the exchange. Since then, Coincheck has been reintroducing its services gradually. 1) Bitcoin experienced its biggest weekly drop since 2013, going from $5,553 to a low of $3,520 last week. Bitcoin lost nearly 36% of its value in just one week. The previous biggest drop was in April 2013, when Bitcoin crashed from $165 to $91, losing 44.8% of its value. As per the 14-day relative strength index (RSI), Bitcoin is over-sold right now. However, it has failed to produce a strong corrective bounce yet, indicating the fall may continue. 2) According to a recent report from, institutional trading platform Bakkt is on track to launch its Bitcoin futures platform. It recently delayed the launch from this year to early 2019. However, the platform is in its 'phase 2,' which includes partnerships with Microsoft and Starbucks. Bakkt will use Microsoft's cloud solutions to build the platform. With Starbucks, Bakkt will create a system to convert crypto to fiat. Additionally, customers will be able to pay for their coffee using digital currencies. 3) The U.S. state of Ohio is on course to become the first state to accept Bitcoin payments for tax bills. The Wall Street Journal (WSJ) recently reported that local businesses will be able to register on OhioCrypto.com where they can also pay their sales and employee withholding taxes with Bitcoin. Ohio state Treasurer Josh Mandel said that the program will help Ohio fast track cryptocurrency adoption and he is on record as saying, "I do see [Bitcoin] as a legitimate form of currency." Tax payments made in Bitcoin will be processed by BitPay, and the holdings will be converted to USD. The U.S. states of Georgia, Arizona, and Illinois are also considering whether or not to accept Bitcoin payments for taxes. (VS)

14 days ago

Coincheck Resumes XRP Trading, 10 months On From Infamous $530 Million Theft

Embattled crypto exchange Coincheck has announced the resumption of trading pairs for XRP and FCT tokens effective Monday, November 26. In a statement on its website signed by company President Toshihiko Katsuya, it was revealed that starting from Monday, deposits and sales of the two cryptocurrencies will be partially restored alongside a few ancillary services.

14 days ago

Bitcoin Cash Surging by 26% while XRP, Cardano, Zcash, & Tezos Spike over 10% in Green Market

As the majority of the crypto market goes green, Bitcoin Cash (BCH) rises by about 26 percent. Additionally, among the top altcoins, XRP, Cardano (ADA), Zcash (ZEC), and Tezos (XTZ) are making highest gains. Top Altcoins Ruling the Market right now After yesterday’s severe fall, today the crypto market is in the green. Though the market cap is low at $130 billion, a majority of the prices are seeing a spike in prices except for Dai, Paxos Standard (PAX), and TrueUSD (TUSD) that are in red by less than 1 percent. When it comes to biggest gainers of the market, with 40 percent gains, Sirin Labs Token (SRL) is at the top. While Factom, MetaverseETP, Ravencoin, and MonaCoin are all up by more than 30 percent. Among the top altcoins, most of these digital assets are rising by more than 4 percent. Top cryptos price chart, Source: Coinmarketcap Bitcoin Cash (BCH) is making the greens the most by about 26 percent in the past 24 hours. At the time of writing it has been trading at $208. The surge in BCH price can be attributed to the fact that this 4th largest cryptocurrency is slowly getting out of the chaos that started with its hard fork on November 15 resulting in a war between Bitcoin ABC and Bitcoin SV. BCH 1-day price chart, Source: Coinmarketcap XRP is surging by 11.45 percent at 0.379. At 2nd position, XRP is managing the daily trading volume of more than $1 billion. Recently, Cory Johnson, chief market strategist at Ripple stated that Bitcoin has some real technological limitations. Also, that XRP is being used more than Bitcoin being used as of today and the digital asset that shows fundamental use cases will develop a fundamental value. XRP 1-day price chart, Source: Coinmarketcap At about $72, ZEC is registering the 24-hours gains of 12.90 percent. Just recently, Barry Silbert of Digital Currency Group shared on Twitter, “Picked up some $ETC, $ZEC, $MANA, and $ZEN today.” Zcash 1-day price chart, Source: Coinmarketcap With over 11 percent gains, Cardano is at $0.0383 at 9th position with a market cap of $994 billion. Recently, CEO Charles Hoskinson shared that “The update 1.4 for Cardano is coming along well and we’re in regression testing right now.” Meanwhile, Tezos (XTZ) is surging by more than 17 percent while sitting at $0.5943. The post Bitcoin Cash Surging by 26% while XRP, Cardano, Zcash, & Tezos Spike over 10% in Green Market appeared first on Coingape.

14 days ago

Huobi Big Data Report: Blockchain Voting for U.S. Military, Switzerland Launches World’s First Crypto ETP

Huobi published its report for the week running from Nov. 11th to Nov. 18th and it is marked by a decrease in digital asset prices. The report also focused on several other issues including the industrial application of blockchain technology, the use of cryptocurrencies by risky personalities, the possibility of paying taxes using cryptocurrencies, and the use of blockchain technology in elections. The 25-page report also touched on how the crypto community interacted on social media. Market and Technical Statistics The majority of digital assets registered price decreases. The market capitalization of the top 100 projects tumbled by 13.98 percent during the specified week to $175.8 billion. HC registered the largest decrease of 36.69 percent and was relegated to the 100th position. Nine projects entered the top 100 list with FCT increasing by 86.75 percent and claiming the 71st spot. Other newcomers include SRN, ODE, DGTX, ELA, BOS, PAY, INB, and THETA. As of Nov. 18th, Bitcoin was trading at $5,563.68, 13.16 percent less than its last week price. Ethereum suffered the same fate as it dropped by 19.15 percent in the same period to trade at $170.80. Due to its price drop, Ethereum was overtaken by Ripple’s XRP as the world’s second largest cryptocurrency by market capitalization. The top 10 cryptocurrencies which accounted for nearly 86 percent of the entire market cap, dropped by 13.39 percent from the previous week to $157.06 billion. Bitcoin’s dominance on the market cap increased by 0.7 percent from the previous week to reach 52.94 percent. The Bitcoin hashrate increased while that of Ethereum decreased. The difficulty of Bitcoin mining remained relatively stable from the previous week and that of Ethereum increased by 0.66 percent. The top 5 Bitcoin mining pools - BTC.com, Slushpool, AntPool, F2Pool, and, ViaBTC - accounted for 60.8 percent of all Bitcoins mined in the week. Bitcoin, Ripple, and Ethereum, the top 3 cryptocurrencies by market capitalization were the most popular digital assets on Facebook and Twitter. Weekly Blockchain News The State of West Virginia reported that the first instance of blockchain voting for military personnel stationed overseas in 24 countries in the U.S midterms elections was a success. Mac Warner, the Secretary of State of the U.S. state of West Virginia was quoted as saying: “This is a first-in-the-nation project that allowed uniformed services members and overseas citizens to use a mobile application to cast a ballot secured by blockchain technology.” Still, with elections, the Democratic Party, the main opposition party in Thailand became the world’s first major political party in the world to “carry out primary elections entirely on the blockchain.” The Canadian House Finance Committee discussed cryptocurrency regulation in a bid to curb money laundering. Cryptocurrencies are anonymous and difficult to trace making them a favorite choice for some criminal actors. According to iPolitics, cryptocurrencies “have a history of being used by risky personalities such as Edward Snowden and Julian Assange.” The Monetary Authority of Singapore, Bank of England, and Bank of Canada released a joint report that “singled out central bank digital currencies as being one of the solutions that can be implemented in order to solve the challenges encountered when making cross-border payments.” Amid the nosedive in the prices of digital assets, Switzerland became the first country in the world to launch an exchange-traded product (ETP) that tracks multiple cryptocurrencies. The Internal Revenue Service Advisory Council believes that taxpayers should be allowed to pay their taxes in cryptocurrencies and this could help the “agency strengthen its collection enforcement.” Huobi Big Data Report: Blockchain Voting for U.S. Military, Switzerland Launches World’s First Crypto ETP was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

14 days ago

Coincheck Re-Enables XRP and FCT Deposits and Purchases

Earlier today, Monex Group’s subsidiary, Coincheck Inc. announced that it had added Ripple (XRP) and Factom (FCT) to its crypto exchange. In so doing, the firm resumed its depositing and purchasing services for all tradeable digital currencies on its platform since it disabled them in January. The suspension came after hackers stole more than $500 million worth of NEM tokens from the exchange. Since then, Coincheck has been reintroducing its services gradually. The firm also announced that it is gearing up to resume services such as leveraged transactions for new positions, affiliate service, and JPY depositing through convenience stores among others. (KE)

14 days ago

Japan: Coincheck Completes Token Additions With Ripple, Factom Relaunch

Coincheck continues its route to recovery with two more cryptoassets. Ripple and Factom, going live

14 days ago

Fresh 36% Gains Push Factom Price Toward $12 and More

These past few weeks have been incredibly bullish for anyone who owns the Facto m token as part of their portfolio. Massive gains have been noted in quick succession, and it appears the momentum isn’t over just yet. These past 24 hours have helped push the FCT value to $11.8, and it seems more positive momentum may be on the horizon. Factom Price Surge Seems Unstoppable While most cryptocurrencies and assets have struggled for momentum throughout the final quarter of 2018, Factom has followed a completely opposite trend. The currency is still far removed from its all-time high of $65, but things have begun looking up in the past few weeks. That is rather interesting to keep an eye on right now, although one has to wonder how long this trend can be sustained first and foremost. New Over the past 24 hours, there has been another big Factom price increase. The USD value rose by 36%, whereas the FCT/BTC ratio improved by 28% in the same period. This further confirms the current momentum clearly favors Factom, even though the overall trading volume is anything but spectacular. There has been just $2.7m in 24-hour trading, which is not necessarily all that great for a market rising in value at an alarming pace. The big news warranting some FCT price excitement comes in the form of Coincheck. The major Japanese exchange has slowly begun resuming services for the supported currencies on its platform following a major hack earlier in 2018. The latest two currencies to be reinstated for purchases and payments are XRP and Factom. This development will expose a lot of potential investors to FCT in the coming weeks. 一部仮想通貨の入金・購入再開のお知らせ(XRP・FCT)https://t.co/xReNvVJemB — Coincheck(コインチェック) (@coincheckjp) November 26, 2018 Additionally, it seems there is some genuine excitement brewing regarding the partnership between Medicine Ventures and Factom. Considering how Overstock plans to focus on blockchain technology more and more, this partnership may be leveraged sooner than people initially anticipated. How that would be pursued exactly, remains somewhat unclear at this stage. $FCT #FCT ファクトム pic.twitter.com/T5uJ8wJTsC — susuvanK すすばんく_仮想通貨 (susu) (@iias2008) November 25, 2018 When looking at the Factom price from a technical analysis perspective, things are looking rather interesting. This most recent uptrend shows there is a genuine chance FCT will keep going until it hits 0.0057 Bitcoin. That is a major selling point for MarQQ, although FCT would need another 100% increase in BTC value prior to reaching such a value. That is not impossible, but it seems rather unlikely right now. Keeps running $FCT #factom boy. Selling target nr1 @ 0.0057 BCT pic.twitter.com/mb2L7SGSpp — MarQQ (@marQQmkl) November 26, 2018 Based on all of these circumstances, there is a good chance Factom will continue to buck the bearish trend looming over all other cryptocurrencies. Surpassing the $12 mark may not necessarily be that difficult, although there will be pressure sooner or later. The low trading volume is also a genuine cause for concern, although that does not necessarily have to be a bad thing whatsoever. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Fresh 36% Gains Push Factom Price Toward $12 and More appeared first on NullTX.

14 days ago

Factom Price Continues Push to $10 as Enthusiasm Picks up

It has been a very interesting week for specific cryptocurrencies. The Factom price continues to rise at an alarming pace, whereas all other markets continue to face struggles. It is the fourth time this week the FCT value rises by several percents, and it seems to be a matter of time until the altcoin surpasses the $10 valuation. Factom Price Approaches a new Milestone It is quite interesting to see how different altcoins tend to respond to this bearish pressure. While there is no real reason for the value of Factom to buck this downtrend, that is exactly what is happening. It makes for a very interesting altcoin market worth keeping an eye on, although one has to wonder how long this trend will remain in place under these circumstances. Over the past 24 hours, there has been a 2.5% Factom price increase in USD value and a 4.5% gain on Bitcoin. Especially this latter factor is of great importance, as Bitcoin’s value continues to drop lower and lower as more time progresses. There is still a good chance the world’s leading cryptocurrency will hit a value of $3,000 fairly soon, which can be disastrous for most altcoins Looking at social media, the expectations associated with Factom cannot be ignored. Darren Waddup wonders how long it will take until people look at Factom as a serious blockchain project. Whether or not this currency will be “explosive” in the end, is anybody’s guess. The current momentum certainly looks promising, though. How many NDA disclosures will it take before the market realises #factom is going to be explosive? — Darren Waddup Rm101 (@36e8b731552549d) November 24, 2018 The ABC looks at things from a slightly different perspective. There is no lack of sheer optimism by any means, although it is a bit unclear if this vision will even come true. He expects Factom to be in the cryptocurrency market cap top 10 by January 2019. While that is not impossible, its market cap would need to increase by 1,200% or more to make that happen. #Factom $FCT Top10 in 01/2016 and expecting Top10 in 01/2019 pic.twitter.com/uE4WbPcYTd — The ABC (@BFSchaarschmidt) November 23, 2018 When looking at the Factom price with technical indicators, the current situation looks pretty important. It seems the current price level will either become resistance or a new support level. If it is the latter, a strong push to $10 should follow in the days to come. The coming days will undoubtedly be of great interest to Factom holders and speculators alike. $FCT #factom Factom is being supported nicely by the 200MA. This is an important measurement in the market that many professionals use to base trades off of. This #200MA can act like a wall for support/resistance. pic.twitter.com/dSPApQpXol — Kaizen (@CryptoKeyser) November 24, 2018 One worrisome aspect is how Factom struggles to generate any real trading volume. Although the same can be said for all altcoins, just $3m in 24-hour trades is not exactly promising for long-term support. As such, sustaining a value of over $9 will be incredibly challenging, albeit not impossible. It is one of the few markets to note positive momentum, after all. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Factom Price Continues Push to $10 as Enthusiasm Picks up appeared first on NullTX.

15 days ago

Daily Berminal Brief: Bear Market Conditions Continue to Pound the Crypto Market

The bear market conditions continue for another day in the weary and battered cryptocurrency market. The overall market cap is down another $20 billion since this time yesterday, though it appears the bleeding might be starting to slow down. Market leader Bitcoin has seen multiple support levels breached as of late and currently trades at $4,465, a decrease of 8.91% on the 24-hour chart. XRP, the second-ranked crypto, is currently down 9.37% and trading at $0.437. Factom (FCT) is the one bright spot in the top 100, currently up 24.73% and trading at $8.21. (JF)

19 days ago

Blockchain Security Startup Factom (FCT) Defies the Odds, Advances by Double Digits

If you look hard enough, you can find coins that are advancing today. Blockchain security startup Factom (FCT) is one of them, having gained approximately 16% in the last 24 hours to $7.73 on trading volume of $2.7 million. Factom chief Paul Snow was featured in an article on Forbes about cryptocurrency influencers. Snow believes copyright protection, or digital rights management, is an area of growth in the U.S., saying: “Also watch for blockchain to begin to scale with more pegged assets enabling more payment applications. And expect a leveling of opportunity between the first-world and the developing world, to great economic benefit.” (GT)

20 days ago

Crypto Market Update Nov.20: Black November. Crypto crushes, is the bleeding over?

After a relatively long period of stability, the crypto markets suffered a significant blow, and the crash is now in full swing, as described by me last week. The price of Bitcoin has fallen around 30%, and the alternative coins, altcoins, have also been painted red with severe losses of up to 50%. After the hype of 2017, the crypto market has had a tough year both in terms of regulations and trade, even for the HODLers. However, in a fundamental analysis of the market, we can see that the infrastructure is in steady development, and it seems that the market is aiming in a positive direction, but it is probably not enough to support the highly hyped prices of 2017. It is not customary to look for reasons for the volatility. However, if we must, then we can see the tightening regulations around ICOs as a possible reason. It is also possible that the internal wars in Bitcoin Cash was another catalyst for the recent declines. The war in Bitcoin Cash is underway, and mining is still being done at a loss along with wasteful maintenance of the network. It is possible that the financing of the Bitcoin cash war will lead to the decision by the various parties of the waste, bringing the entire market down. Whether it’s an ego war or a conspiracy, it’s never boring in the crypto market. In conclusion, after talking about the market floor, we received another painful correction that reminded us of the volatility of the market exposing the investors to an unexpected risk. From here we hope to find the bottom soon so that the investors will not be harmed and lose confidence in crypto. The crypto market cap is shrinking, and is now at $145 billion, trading with higher volumes than we have seen in the last few months (yesterday was the highest volume day since April). Dominance remains stable - around 53% in favor of Bitcoin. Crypto News Lightning Network Surpasses $1M BTC Capacity, 4,000 Nodes. The network for solving Bitcoin’s scalability problem has seen massive growth in the midst of a bear market. Over 4,070 nodes now support the network while the average age of each node is just 137 days old. SEC Orders AirToken and Paragon To Refund ICO Investors: AirToken Gained 70%. The ICO startups have been charged by the regulators to return the money they gathered from their offering in 2017, on the basis that they flaunted U.S Securities Law. They Saw Everything We Did For a Year: Exclusive evidence by an ICO maker about the SEC’s Efforts. According to an ICO maker, the U.S SEC does not have a reason to hunt down ICOs since they also monitored their activities during the boom in 2017. Major Swiss Stock Exchange SIX Lists World’s First Multi-Crypto ETP Amidst Market Collapse. A first-of-its-kind fund tracking the top five cryptocurrencies by market cap has been launched on the Swiss Stock Exchange, Europe’s fourth-largest stock market. The “Walmart” Of Venezuela Has Started Accepting Bitcoin. In the midst of their ongoing economic crisis, Tarki, a departmental store in the South American city has begun accepting bitcoin and four other cryptocurrencies from customers. Bitcoin Ban is Impossible in India, say the Experts. A rumored plan by the Indian government to ban Bitcoin will not be possible according to experts. The decentralized nature of cryptocurrencies means this is impossible. Charts Bitcoin Traded around $4,400 the rapid decline broke all the trend lines. There is a chance of a breakthrough attempt that will test the resistance, but this will happen after the falls have stopped. Meanwhile, support is being built around $4,300, and it is hard to say how long it will hold. If the declines continue, the next step will be marked at around $3000, where the end of the correction appears in the technical analysis, which will be very painful to the holders. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'FLDSCocY'; new TradingView.chart(tradingview_embed_options); Ethereum Against the dollar traded at a low of $138 and also touched at $127 still not clear whether it is the floor. Also, resistance cannot be determined yet. The big question is whether Ethereum will succeed in getting through the coming period with its head over $100. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'icg3KNh3'; new TradingView.chart(tradingview_embed_options); Against Bitcoin traded at 0.03BTC, around the support of the recent period. In this range resistance at 0.032BTC. Against Bitcoin, the picture looks different when the price is trading above the floor we saw in September, and it seems that in the meantime it holds. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'M3C60QSd'; new TradingView.chart(tradingview_embed_opt

20 days ago

Bitcoin Touches $5,280 as Crypto Market Loses another $10 Billion, Dollar & Stock Market Feeling Heat Too

Bitcoin has dropped by 4.45% to $5,342 and crypto market losses more than $10 billion as altcoins fall further. Meanwhile, the traditional market is in a precarious situation as 2018 proves to be a rough year for the global market as well. Blood in the Crypto Street At the time of writing, Bitcoin has been trading at $5,342 with a loss of 4.45 percent. The leading cryptocurrency with a market cap of $98 billion dropped down to $5,289 level. As Bitcoin took a hit, altcoins dropped further and total market cap slid down to $174 billion. The top cryptocurrencies are down between 5 to 12 percent range. With over 17 percent losses, Maker (MKR) is losing the highest while Factom (FCT) is up by 32 percent. The bear market is expected to spill even more blood as experts and technical indicators call for more losses. Meanwhile, Binance CEO, Changpeng Zhao shared an encouraging Tweet, been through this many times already. Secret of success? Keep your head down and build. — CZ Binance (@cz_binance) November 19, 2018 Mati Greenspan, senior analyst at eToro took to Twitter to share the positive sentiment as he said “Definitely a buyer’s market,” and further shared eToro’s clients’ position at this point, Clients @etoro have used this crypto price drop to increase their BTC stacks. The red circle shows a small yet clear uptick in client holdings since November 14th. pic.twitter.com/pw51UjZU2X — Mati Greenspan (@MatiGreenspan) November 19, 2018 Global Markets & Dollar Wary as well 2018 hasn’t been a rough ride for the crypto market only, financial markets suffered just as bad. The global bond and equity market have shrunk about $5 trillion. And this has been the biggest shrinkage since 2008’s financial crisis. Additionally, the FTSE-All World stock market index lost 5 percent in 2018 resulting in the loss of $3.6 trillion market cap. This has led to an increase in the interest rates resulting in losses by almost every major asset class this year. Vinay Pande, the global head of trading strategies at UBS Wealth Management says, “Markets will be nervous when we move from one environment to something new.” The recent corrections going on in the markets according to Goldman Sachs’s chief global equity strategist Peter Oppenheimer: “If we benchmark the way equities have moved against macro variables, we think they have now overshot the current slowdown and are implying a much further slowdown from here overshot on the downside.” He further said, “We have low returns across all markets as we expect profit to slow and valuations no longer to rise. Most of our forecasts are implied by single digit earnings growth.” However, after US President Donald Trump said further tariffs on Chinese goods won’t be imposed, Dow futures, S&P, and Nasdaq are showing positive openings. When it comes to the dollar, after last week’s biggest weekly drop in about two months, the dollar was steady. Jane Foley, head of FX strategy at Rabobank based in London said, “Dovish Fed comments on Friday gave some encouragement to investors to take profits on dollar positions which have risen in recent weeks.” While newly appointed chair of Fed, Richard Clarida cautions for a slowdown in global growth and Robert Kaplan, Federal Reserve Bank of Dallas President said he is seeing a slowdown in the growth in China and Europe as well. As for gold, its prices edged lower after rising for four sessions consecutively and spot gold is also down by about 0.1 percent. The post Bitcoin Touches $5,280 as Crypto Market Loses another $10 Billion, Dollar & Stock Market Feeling Heat Too appeared first on Coingape.

21 days ago

Factom Price Momentum Turns Mega-Bullish Following new Partnership

It is increasingly difficult to find anything positive in the cryptocurrency industry today. Most markets down by significant amounts, although there is one major exception in this regard. Factom’s price, which has surged last week as well, continues its bullish momentum despite Bitcoin dragging everything else down. Factom Price Continues to Soar in Spectacular Fashion It is not a good day for the cryptocurrency industry by any means. All top currencies are losing value, and it seems there will be no improvement in sight whatsoever. One notable exception is the Factom price, which further confirms the future will be all about partnerships and working technology, rather than hype and political shenanigans. In the past few hours, the Factom price shot up by another 28% in USD value and 34% in BTC value. Given Bitcoin’s bearish slump, those BTC gains are by far the most important aspect. It is also worth noting these recent gains push the FCT value to nearly $8, although that level should be overtaken fairly quickly. When that happens, the path to $10 seems wide open, depending on overall profit taking. Social media is abuzz with talk about Factom, for obvious reasons. The TIE confirms Factom has a lot of social engagement right now, although it remains to be seen how that will effectively affect the altcoin moving forward. Its overall trading volume is definitely on the rise, which could have a positive impact on the FCT value moving forward. In the midst of the crypto bloodbath over the last 24 hours, #Factom (#FCT) survived well. While the coin dropped initially, it recovered on a 574.44% increase in trading volume and now sits down only 1.27% over 24hrs vs. a 12.11% overall market losshttps://t.co/NTt8ZqZcpm pic.twitter.com/qnNAEroK8v — The TIE (@TheTIEIO) November 15, 2018 The major reason why the value per Factom is rising right now is because of a new potential partnership with Equator Homes. For those unaware, this company focuses on homes for sale, real estate marketing, and technology solutions for real estate agents. It marks an important milestone for Factom in many different ways, and gaining any traction in this industry will be crucial. $Fct still storming the gates, if the @EquatorHomes deal is this good for the coin as people believe imagine how good it actually is for #Factom Inc, the company that’s benefiting from the deal, which PI’s can invest in via @ffwdinnovations (#FFWD) — Atom Ant (@atomantshow) November 19, 2018 Other projects are being developed regarding Factom as well, by the look of things. The new video known as “Off Blocks” is quite intriguing, as it highlights the potential of Factom’s technology as a whole. Although commercializing this project may not be easy, there is a bright future ahead regardless. All of these developments appear to warrant the current Factom price increase first and foremost. If you thought #factom was just a one-trick pony, you were wrong! This is just a taste of some of the exciting stuff being built right now. https://t.co/WhTTX257z3 — Factoshi (@factoshi) November 18, 2018 Given all of the negative pressure across the cryptocurrency markets, it will be interesting to see what the near-term future holds for Factom. There is genuine excitement regarding the underpinning technology, but it is evident the negative market momentum will drag FCT down a bit. For now, things are still looking good, but there will be a price dip sooner or later. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Factom Price Momentum Turns Mega-Bullish Following new Partnership appeared first on NullTX.

21 days ago

Daily Berminal Brief: Slight Gains Through the Weekend Led by XRP

Following a week in the cryptocurrency market dominated by a break in a major support level and a hash war erupting from a top 10 coin, the overall crypto market has seen some slight gains through the weekend, with the total market cap increasing by $3 billion over the past day. Checking the 24-hour charts, Bitcoin is up 0.86% and trading at $5612, while the second-ranked XRP is up 3.67% and trading at $0.509. Out of the top 100 coins, Factom (FCT) has performed the best over the past 24-hours, currently up $35.13% and trading at $8.37. (JF)

21 days ago

Blockchain-Fueled Data Startup Factom (FCT) Soars by Double Digits amid Today's Crypto Calm

Factom (FCT) is up nearly 25% today to $5.96 on trading volume of $2.4 million. Factom, which is a blockchain-based real-time records platform, has a market cap of $52 million. On Reddit, members cheered the release of two new features on the Factom mainnet, including the integration with Ledger Nano S and MyFactomWallet, the latter of which is a “client-side interface wallet” that connects to the Factom blockchain. According to the announcement: “You can now safely send, receive and convert Factoids from your Ledger Nano S hardware wallet on the MyFactomWallet website.” (GT)

24 days ago

The Blockchain Startups You Need To Hear About

It’s safe to say that the blockchain industry is thriving at the moment. Whilst this is a good thing, it does make it very hard for us to pick out promising blockchain ideas that are calling out for our investment. Overall, the industry is a maze of startups, new ideas and growing innovations. It’s exciting to be a part of, and it’s an industry that is going to be cooking for many, many years to come. American Inno have recently published an article that highlights their 11 most exciting blockchain startups, across 11 different cities, we want to dive into this to pick out a few of our favourites. Blockchain technology does not just mean cryptocurrency, therefore some of the mentioned projects are focusing on many other aspects of blockchain technology. Remember that this is opinion based and we are by no means telling you to invest in these projects, at the very least though, it’s exciting to explore. According to American Inno: “Blockchain startups have raised nearly $4 billion in VC in 2018 to date, a 280% increase from last year’s record pull. And blockchain extends way beyond the crypto space, infiltrating a variety of industries from healthcare to media. To shine a spotlight on the blockchain innovation that’s happening across the Inno network, we asked our writers to offer up a local startup in this space that’s caught their eye.” Factom Factom is a project that already hosts a tonne of value, around $500 million worth to be exact. Factom has been backed by Tim Draper, which in turn is helping to draw a lot of attention to this project, according to American Inno: “Factom, which has backing from Tim Draper, has landed contracts to protect data housed by the U.S. Border Patrol, the Department of Homeland Security and the Bill and Melinda Gates Foundation. Factom’s other co-founder, Jack Lu, also launched Wanchain, which has landed millions in Ethereum and provides cross-blockchain functions.” What is Factom? Well, according to the Factom website: “At Factom, we make the world’s systems honest and build trust between organizations, people and institutions today, solve hard problems through the utilization of Factom’s Blockchain. We see a future world where fraud, corruption, and forgery are a thing of the past. We believe in keeping private data private and securing the world’s wealth because privacy and possession of property are basic human rights. Life can be a little more fair with Factom.” Coinigy Coinigy is a brand new crypto portfolio management, according to American Inno: “A cryptocurrency startup in Milwaukee called Coinigy gives crypto traders the tools they need to buy, sell and manage their portfolios. Users get access to data on more than 40 exchanges and the ability for users to trade on nearly 20 exchanges. Though the company was founded in 2014, it just launched its mobile app in May to let traders trade on the go, and now has upwards of 80,000 users, roughly half of which pay about $20 per month for the product. And the founders say revenue has grown 300 percent year-over-year, which is pretty impressive.” And, according to the Coinigy website: “Coinigy is the best way to access the global financial markets of the future. Businesses small and large rely on our data to power their decision-making. We are a group of dedicated developers, traders, analysts and evangelists that believe in the upcoming paradigm shift that cryptography and the blockchain are bringing to the global financial industry. We built Coinigy because we are passionate about open, transparent markets and aim to be a major driving force in widespread adoption. Our goal as a company is to empower 100,000 people through powerful tools and education.” Block.one You’ve probably heard of these guys. The last of American Inno’s recommendations that we wish to touch upon is Block.one, the startup behind the EOS project. All things considered, it’s pretty clear why Block.one are quite a big deal and why we believe they are still one to watch. According to American Inno: “The maker of the world’s fifth most valuable cryptocurrency expanded its footprint in a major way this year. The blockchain company, which has offices around the world and was founded just a couple years ago, moved into its own 30,000-square-foot building in the Virginia Tech Corporate Research Center in October. Block.one created EOS, which raised $4 billion in an initial coin offering, and it’s backed by Peter Thiel — making it by far Central Virginia’s biggest blockchain startup.” Now, as stated, we’re not telling you that these are the projects to invest in, however we do believe it is worth your while looking into them and doing some further research. Each example is exploring a very unique area of blockchain technology, yet together, all these projects are working together to bring blockchain technology to the mainstream. They are doing great things for themselves, their investors and the entire blockchain adoption movement. googletag.cmd.pus

a month ago

Daily Berminal Brief: Bitcoin Rallies to $6,615 and Bitcoin Cash Pumps Before Next Week’s Hard Fork

The State of The Market — November 7, 2018 BTC: $6,528.88 (+1.32%) ETH: $218.08 (+1.60%) XRP: $0.5338 (+0.96%) The cryptocurrency market is holding on to yesterday’s gains and Bitcoin now trades slightly above $6,500 after topping out at $6,615 yesterday. Ethereum surprised investors by rallying to $225 and currently the altcoin trades above $215. XRP also continued to gain and now trades above $0.50. Currently, the total market cap is $219 billion. In other news, Bitcoin Cash (BCH) surged above $600 as its November 15 hard fork approaches and a report from the Blockchain Transparency Institute found that cryptocurrency exchanges continue to ‘massively inflate volume’ and exploit small cap coins. 1) A number of cryptocurrency exchanges have reportedly cut ties with Iran after the U.S. imposed tougher economic sanctions against the Islamic Republic. The measures will make it harder for Iranians to trade cryptocurrency across borders and Binance and Bittrex are among the exchanges that will no longer offer service to citizens of Iran. Reports suggest that the Trump Administration imposed the first round of sanctions in July and the U.S government allegedly confiscated nearly $6 million worth of Iranian-owned BTC. Tehran is reported to be developing a state cryptocurrency to compensate for the economic squeeze. 2) US financial authorities are set to seize $1.2 Billion from Deltec Bank for helping Venezuelan President Nicolas Maduro launder money. Deltec was recently revealed as Tether’s official banking partner after weeks of uncertainty about USDT’s future. Abraham Edgardo Ortega, the former financial chief executive of Petroleos de Venezuela, S.A., revealed the details after entering a plea bargain with the U.S. government. While Tether’s price is back to $1.00 on some exchanges, Deltec’s problems could affect the price once again. 3) Keeping up with its promise of adding support for new cryptocurrencies on the first Tuesday of every month, Ledger has added 6 new cryptocurrencies on the Ledger Nano S and 4 new cryptocurrencies for the Ledger Blue. Lisk, Factom, MIX, Music Coin, GameCredits and EtherGem will be added to Ledger Nano S, while only the last 4 are coming to Ledger Blue. The new cryptocurrencies were deployed by their respective communities, bringing the number of third-party developed apps to 32 this year. Just last week, Ledger also added support for IOTA. (RS)

a month ago

Cardano (ADA) Finally Breaks Downtrend To Begin A New Cycle

Chart for ADA/USD (1W) Cardano (ADA) has finally broken a historical downtrend and started a new cycle. This is a major achievement for Cardano (ADA) considering its aggressive correction left a lot of investors clueless as to what might be the future of this project. Cardano (ADA) received a lot of hype last year which soon put it in the top 10 league. However, as we have seen in the past, usually after a correction, new projects replace old projects in terms of ranking. For instance, once overhyped coins like Stratis, Factom and Augur are not so hot anymore. In fact, most new cryptocurrency investors may have not even heard of them, but there was once a time when these cryptocurrencies were a part of every altcoin investor’s portfolio. The price of a cryptocurrency is not often a true reflection of its actual value. This was also the case with Cardano (ADA). When Cardano (ADA) entered the top 10 league and it was one of the hottest investments around late 2017, debates regarding its actual value started to rise. Some investors believed Cardano (ADA) was really undervalued and others thought it was really overhyped. The number of investors or analysts who believed it was somewhere in the middle was very low. This was because Cardano (ADA) was and still is shrouded in different layers of mystery. Investors like to believe it is a wonderful project but they cannot really explain how exactly. Chart for ADA/BTC (1W) One thing is clear and that is that Cardano (ADA) derives most of its popularity and hype from two key names associated with the project: Charles Hoskinson and IOHK. Both of these names are also associated with Ethereum Classic (ETC). So, people who know enough about Charles Hoskinson or IOHK are inclined to believe that Cardano (ADA) is a great project even if they do not know much about it. I used to be one of those people. Charles and IOHK have achieved so much and they are one the major driving forces in the blockchain space. If it were not for them, we would have people like Dan Larimer and a race for useless products and upgrades just for public consumption. Charles Hoskinson and IOHK on the other hand are focused on real work and sustainable products instead of creating useless shiny products one after the other. Cardano (ADA) might have been overvalued at the top even if majority believed otherwise. However, the fact remains that is a long way from the top and is now just above its all time low, looking to begin a new cycle. There should be absolutely no doubt that Cardano (ADA) is definitely undervalued at this price and has a lot of room for growth considering everything that the team has been up to. For people who want to invest in the future, cryptocurrencies like Cardano (ADA) is one of the safest bets. Projects like Ripple (XRP) or Eos (EOS) may have a lot more room for short term gains but their future remains uncertain. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1538128067916-0'); }); The post Cardano (ADA) Finally Breaks Downtrend To Begin A New Cycle appeared first on Crypto Daily™.

a month ago

Ledger Adds Support For 6 New Cryptocurrencies On Its Hardware Wallet

Keeping up with its promise of adding support for new cryptocurrencies on the first Tuesday of every month, Ledger has added 6 new cryptocurrencies on Ledger Nano S and 4 new cryptocurrencies for the Ledger Blue. Lisk, Factom, MIX, Music Coin, GameCredits and EtherGem will be added to Ledger Nano S, while only the last 4 are coming to Ledger Blue. The new cryptocurrencies were deployed by their respective communities, bringing the number of third-party developed apps to 32 this year. Just last week, Ledger also added support for IOTA. (VS)

a month ago

Blockchain Asset Exchange IDAX Lists Hercules’ Supply Chain Protocol

In a press release, Hercules has announced that its supply chain protocol has been listed on blockchain asset exchange IDAX. This follows the rolling out of its supply chain management software last week. Hercules launched its HERC tokens for a public sale on October 29. These tokens allow users to access the Hercules software for recording and validating supply chain data on a decentralized platform. According to Anthem Hayek Blanchard, Hercules CEO, this platform offers blockchain-based solutions to the metal vaulting business for their supply chain inefficiencies. Hercules has also collaborated with blockchain firms Factom and Storj. (KE)

a month ago

Coincheck Resumes New Account Openings, Customers Deposits

Coincheck, the Tokyo-based cryptocurrency exchange victim of a $500 million worth theft, has resumed new account openings, customer deposits, and purchasing of some digital currencies. The operator had suspended some services following the late January incident in order to protect customers’ assets and investigate the cause of hacking. Coincheck Exchange Resumes Trading of BTC, ETC, LTC, BCH, New Accounts Exclusive for Japan Residents The theft of $500 million worth of NEM in early 2018 caused alarm in Japan, forcing the hand of the country’s financial watchdog, the Financial Services Agency (FSA), to be more demanding of cryptocurrency exchanges operating in its jurisdiction. Coincheck has improved its governance and internal control throughout the year in order to safely restart its activities, the company explained in the announcement. “In particular, we resumed JPY withdrawal in February 2018 and remitting and selling of cryptocurrencies gradually during the period from March to June 2018. And now, here we announce that Coincheck has resumed “new account openings” and “customers’ depositing and purchasing some cryptocurrencies” services today.” The cryptocurrencies made available for deposit are BTC, ETC, LTC, and BCH, which are also available for purchase. Bitcoin trading on Coincheck was never suspended and users were always able to sell any cryptocurrency on their portfolios. New account openings are only available for customers residing in Japan. The registration process includes the submission of identification documents and a KYC check, before receiving a postcard-sized letter from Japan Post instructing the account activation. Coincheck requests existing customers to generate a depositing address when reusing the depositing service. If a remittance is sent to the old deposit address, the operator will not reflect it on the user’s balance nor return it back. The operator, which was acquired by Monex Group for $33.5 million, warns customers that trading services may be temporarily suspended if the platform experiences a significant increase in the volume of transactions or sudden price fluctuations. Coincheck is yet to resume depositing and buying of ETH, XEM, LSK, XRP, and FCT, as well as leveraged transactions for new positions, its affiliate service, JPY depositing through convenience stores, JPY quick depositing (Pay-easy), Coincheck Payment, and Coincheck DENKI (electricity). The services are expected to resume once they are confirmed safe and ready to be offered, the operator added. In May 2018, the cryptocurrency exchange announced it was ordered to delist Monero (XMR), Zcash (ZEC), Dash and Augur’s Reputation (REP) in accordance with Japan’s FSA’s new policy which aims at banning cryptocurrencies that offer significant anonymity. Featured image from Shutterstock. The post Coincheck Resumes New Account Openings, Customers Deposits appeared first on NewsBTC.

a month ago

Making Factom’s Blockchain More Accessible to Store Data

Using blockchain technology to store and secure data is definitely a viable business model. Although a lot of projects are trying to explore this option, it seems Factom might be inching ahead of the competition as of right now. Rewardchain is introducing FactomAuthorize, which is currently still in beta. An interesting project which can offer specific advantages. The FactomAuthorize Concept The main objective of this relatively new project is to allow anyone in the world to secure a hash of their data on the Factom blockchain. Although securing data is theoretically possible on any blockchain, Factom’s solution seems to be in high demand for this specific purpose. FactomAuthorize will also issue official certifications to authenticate this data in the future. How Does it Work? By using the native cryptography which makes up Factom’s ecosystem, users can access the API or user interface associated with FactomAuthorize. This allows them to protect their own - or their client’s - IP in a cost-effective and mathematically verifiable. For artists, content creators, and even lawyers, such a solution can be quite worthwhile to explore in the future. Another option to explore for FactomAuthroize is how cease and desist orders can be enforced. Is a creator has a cryptographic proof they owned a specific work or a piece of content first, they can effectively win court cases a lot easier. This will primarily pertain to the arts and entertainment industry first and foremost, but it is still an option that can be very worthwhile in the future. Under the hood, FactomAuthorize relies on four different pillars. Users can drag and drop their files through the UI, and have their document fingerprint created. This data is then entered into Factom, where it can be verified by the user later on. All information is hashed, and a merkle root from the hash is entered into the Bitcoin blockchain. The Road Ahead As is always the case with blockchain-based solutions like these, it remains unclear if people will actually use this technology in a meaningful manner. Factom’s blockchain seemingly lends itself to bridge trust when it comes to accessing and storing data. This allows for creating a “more open world”, although that will only happen if FactomAuthorize and similar solutions gain mainstream traction. The post Making Factom’s Blockchain More Accessible to Store Data appeared first on NullTX.

a month ago

🌎 $FCT from @factom is now available to trade on #SWFTBlockc...

🌎 $FCT from @factom is now available to trade on #SWFTBlockchain with over 70 other tokens! Factom is a… https://t.co/VIwrPSxEH8

a month ago

Factom Seems Keen to Enter the Stablecoin Market

It is safe to say the cryptocurrency industry has seen its fair share of stablecoins already. This market is open to competitors, although nearly 10 different offerings exist already. Even so, the Factom team is confident they can add at least one more competitor to the mix. Their unique stablecoin implementation will be presented later this month. Factom has Bold Plans Every venture pertaining to blockchain and cryptocurrency is worth paying attention to these days. Although things may be a bit different in the world of stablecoins, the new venture by Factom will still get quite a bit of attention. The team claims they have built a new implementation which might help shape the future of stablecoins altogether. Not too much is known about Factom’s exact plans. The team alluded to such a project in a recent blog post, although no real specifications were provided at this time. Instead, they only touch upon what makes stablecoins so peculiar, and why there is a need for more competition in this department. It is certainly true that more of these coins can bring more people to cryptocurrency over the years. In the normal world, a stablecoin is pegged to a physical asset. This can be fiat currency, as well as precious metals, natural resources, and so forth. To date, most stablecoins in the cryptocurrency world have been tied to the US Dollar. The only notable exception in this regard is Venezuela’s Petro, though that currency faces a lot of backlash for entirely different reasons. The lack of transparency associated with that venture is one of the key concerns right now. Based on the current modeling and research conducted by Factom, the team is confident their approach can be successful. However, no one should expect Factom-based stablecoin to come to market in the near future. Additional research and testing are needed prior to effectively commercializing such a technology. An initial demonstration of the concept will be presented during the Texas Bitcoin Conference in late October. The bigger question is what Factom will try to achieve exactly. With major companies such as Gemini and Circle issuing their own dollar-pegged currencies as of late, the stablecoin market seems to be on the brink of oversaturation. Factom’s venture will primarily focus on on-chain auditability, which is something most other projects and offerings do not provide at this time. Some positive competition in this regard can be quite beneficial to everyone. For the time being, it remains to be seen how the cryptocurrency community will respond to this new offering. While one can understand any company wants to get in on the stablecoin action right now, it is not a market which requires an abundance of competition either. Cryptocurrency needs more fiat currency onramps, rather than adding more intermediaries to the ecosystem. It will be interesting to see what Factom plans to do exactly, as this announcement leaves a lot of room for speculation. The post Factom Seems Keen to Enter the Stablecoin Market appeared first on NullTX.

2 months ago

Join us at #TexasBitcoinConference on Oct 27 & 28 and re...

Join us at #TexasBitcoinConference on Oct 27 & 28 and register with the code FACTOM to save 15% on your registratio... https://t.co/ihtpLwsJen...

2 months ago

The Big Blockchain Lie? Unpacking Dr Nouriel Roubini’s take on Bitcoin and blockchain

If crypto needed a kick in the teeth to wake up, Dr Nouriel Roubini delivered. While he might be more famous for predicting the financial collapse of 2008, Roubini has in recent weeks taken to the press to argue against the development of blockchain technology, Bitcoin, Ethereum, and even Initial Coin Offerings (ICOs). At the Congressional hearing on Capitol Hill in Washington DC on October 11th, Roubini testified to US senators that cryptocurrency was “the mother or father of all scams and bubbles” - echoing the likes of other figures such as Warren Buffet and George Soros. Additionally, high-profile interviews on CoinTelegraph, as well as writing published on Project Syndicate, have seen Roubini declare his positionality. Roubini’s views are supported by a number of claims surrounding the blockchain industry. While many of them do have substantial merit, it’s also worthwhile to consider that cryptocurrency - as an emerging asset class and currency system - exists in relative novelty. In the wake of some of Roubini’s most recent remarks, let’s take the opposing view, and explore arguments as to why cryptocurrency might yet succeed. Centrality “There’s a lot of talk about decentralization: Miners are centralized as an oligopoly, coders are centralized, exchanges are centralized — as 99 percent of all transactions occur on a centralized exchange — and there’s a massive concentration of wealth. This is worse than North Korea in terms of income and wealth inequality... The reality is just the opposite: It’s a totally centralized system.” Centrality is (arguably) not a binary concept between the state of being ‘decentralized’ as opposed to ‘centralized’ - as recent interviews from Tone Vays, Jimmy Song, and Simon de la Rouviere perhaps demonstrate best, centrality more akin to a sliding scale - with some maximalists heralding Bitcoin as the gold standard (if you’ll pardon the phrase), while others allege that many altcoin projects require more time and exposure to become sufficiently decentralized. In that view, we have to regard Bitcoin as the most successful (and most decentralized) monetary system we have developed yet, where a distributed web of processing power forming consensus is the network authority. Coders committing improvements to Bitcoin or a range of other altcoin projects exist all over the world, decentralized exchanges have steadily shown growth, and while Bitcoin itself might have a terrible Gini coefficient (as a measure of inequality), it has been argued by the likes of Coinbase CTO Balaji S. Srinivasan that a totally new form of expression is needed to quantify decentralization in cryptocurrency networks. In the same way that other currency networks have grown, it’s further argued that solutions such as layer 2 scaling mechanics (such as the Lightning Network) will promote a further distribution of wealth as Bitcoin (in particular) moves from being a store of value to a true means of exchange. Mobile money There is already a revolution: there’s going to be much more competition, there’ll be much more access. If you are a poor farmer in Kenya today, you are using M-Pesa. On your little smartphone, you can make transactions, you can borrow and lend, you can buy and sell your goods and services, you have a whole slew of financial services without the brick-and-mortar bank. And all these things are available to billions of poor people in Africa. What [do] they have to do with blockchain or crypto? Nothing, zero. So, there is a revolution and it has nothing to do with blockchain.” Writing from South Africa, Roubini is right to say that mobile money platforms such as M-Pesa have cultivated immense support and have offered millions of Africans with an easy platform to trade, barter, and exchange goods and services with. What Roubini discounts, however, is that mobile money networks are tethered to fiat money in some of the most volatile markets around the world. While the African cryptocurrency revolution might just be getting started, we have already seen Bitcoin surge to premium prices in volatile markets such as Zimbabwe, with nations such as South Africa, Senegal, and other territories explore means to not only establish meaningful regulation around cryptocurrencies, but further explore their use cases for cultivating local markets, international remittances, and much more. In fact, cryptocurrency might benefit from the development of mobile money as a lynchpin of sorts to develop a system that is capable of operating at scale, has an easy-to-use interface, and can (most importantly) win over customers. Initial Coin Offerings “An academic study suggests that 81 percent of all ICOs were a scam to begin with; 11 percent of them have failed or have died; and of the remaining eight percent that is traded on exchanges, the top 10 have lost on average, in the last year, 95 percent of their value — more than Bitcoin. So, there was a bubble — and everybody was riding the bubble, everybody was issuing

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