Qtum QTUM

$2.13
Market Cap $ 189.643 MM (#29)
24h Volume $ 120.243 MM
Chg. 24h: -1.20%
Algo. score 4.3/5  (#19)
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Qtum News

Asia Crypto News Roundup - January 8-11th

In Case You Missed It: Our Latest Podcast is Out! GCR speaks with Alex Shin, Co-Founder and Partner at Hashed Hashed is a Korean blockchain project accelerator and also the largest pure play crypto investment fund in Korea. Alex Shin is a cofounder and partner of the fund. Founded in 2017, Hashed has shaped the Korean blockchain industry through its unique approach to finding and nurturing nascent projects. It has helped accelerated projects such as Terra and ICON. When I spoke to Alex, I found him to be extremely skillful at bridge building between east and west, and he along with his partners are committed to put Korea on the global crypto map. In this upcoming podcast episode, we discuss Hashed and its investments, Alex’s view on crypto markets now, and Korea’s crypto regulator and the conglomerate participants there. Soundcloud| iTunes | Premium subscribers can get access to the interview transcript here. Top News in Asia from this Week Bitmain’s two founders to step aside as Chinese cryptocurrency giant taps software coder as new CEO. Thus far all the articles have cited this South China Morning Post article as sourcehttp://bit.ly/2FrgoWx Cryptocurrency has little prospect of wholesale use in the next three years, most global central banks say in a BIS survey: http://bit.ly/2Fow25b China regulators require all blockchain-based information service providers to register users using real names, censor postings and store user data.http://bit.ly/2RkzzbU Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society: http://bit.ly/2FpDE7q Share with FriendsMost Clicked on From Last Newsletter State of Blockchain in South Korea — a comprehensive report by OneAlpha.http://bit.ly/2RgN50b How Is the definition of money changing in Asia?: http://bit.ly/2FiEtPo Hong Kong investors claim they lost HK$3 million in venture of cryptocurrency promoter thought to be behind ‘money falling from sky’ stunt’: http://bit.ly/2FizCO3 Funding news Social platform Yeecal has participated in the $4-million round of Singapore-headquartered BitRock, a blockchain-based startup it incubated. http://bit.ly/2RkTYgV Online education startup Eruditus has raised $40 million in a Series C round of funding led by Sequoia India to offer additional educational materials in blockchain and AI.http://bit.ly/2RkwDMq Singapore-based crypto wallet TenX has announced that its co-founder and president Julian Hosp is leaving the firm. http://bit.ly/2RnuiQH Coins and mining Blockchain platform Qtum is introducing Bitcoin atomic swaps to its mainnet infrastructure:http://bit.ly/2FsGnwL Japanese IT giant GMO Internet Group has released the latest monthly disclosure on its in-house crypto mining operations, confirming that it took a steep hit in overall mining revenue:http://bit.ly/2FrhAJv China’s second-biggest Bitcoin mining chip maker Canaan has reportedly abandoned their plans for a Hong Kong initial public offering in favor of a U.S. listing: http://bit.ly/2Fr8QTV Exchange News Exchange Huobi has announced that it has officially launched its services in the country of Japan, trading will begin on January 8th: http://bit.ly/2FrICkg HBUS, the United States-based strategic partner of China-born crypto exchange Huobi, has announced the rebranding of its retail trading service from HBUS.com to Huobi.com.http://bit.ly/2RjLJla Hong Kong-based cryptocurrency exchange OKEx has officially added TRON to its growing list of digital assets with margin trading support. http://bit.ly/2Rlu5xy Regulation News Thailand has issued its first licenses to four cryptocurrency exchanges, Bx, Bitkub, Coins and Satang Pro, granting them permission to operate in the country. Another crypto exchange called Coin Asset is under extended review. http://bit.ly/2RkUzPH Business News New Bot enables millions to send and receive cryptocurrencies on Facebook messenger:http://bit.ly/2Ft1Gi6 Forbes Opinion: The US is losing the AI, Blockchain & FINTECH Arms Race (But IS Crypto-Friendly); http://bit.ly/2Fp4psI DON’T MISS IT We released our 2019 In-House Predictions on Crypto in China, US and the rest of Asia,sharing our thoughts from a global lens on what’s going to happen to the crypto around the world. We highlight the realities of a China digital currency, outlook on the largest exchanges and US projects, the important cities you shouldn’t miss in 2019, and more. Be sure to check it out and share with your friends. 5 Books to Understanding China and its Internet Economy, including Implications for the Cryptocurrency Ecosystem We are offering complimentary tickets to our premium readers to the TRON Summit happening in San Francisco from January 17th-18th with guest speakers including Kobe Bryant, and Justin Sun, CEO of TRON and BitTorrent. Premium readers can log in to get access to the code

14 hours ago

Criptomoeda Decred começa 2019 bem

Por: Livecoins A Decred começa bem 2019 com as novidades surgindo no radar de desenvolvimento, e com uma grande visibilidade na mídia mundial. Esta criptomoeda, que no momento da escrita deste ocupava a posição 37 do Market Cap, teve no último dia 11 de janeiro uma reportagem especial no website da Forbes, um veículo relevante de notícias reconhecido mundialmente. A matéria destacou a governança da Decred, que é referência no mercado das criptomoedas como um DAO eficiente e verdadeiramente descentralizado com a utilização da Politeia, e entrevistou o fundador da criptomoeda Jake Yocom-Piatt. Decred é uma criptomoeda resistente a Hard Forks, que ocorrem por vezes em rede como o Bitcoin, e que causam a criação de novas redes e novas moedas, sendo ruim para o desenvolvimento dos projetos cripto no longo prazo. Foi destacado na reportagem que isso levou o Chris Burniske, sócio da Place Holder, a investir no projeto da DCR. Além disso, em dezembro a rede da Decred teve uma melhora na mineração POW, com a taxa de hashs aumentando a segurança da rede, mesmo com os preços em baixa de mercado. Aliás, o fator de baixa de mercado é uma das menores preocupações da comunidade Decred, que no Brasil é uma das maiores do mundo, pois essa criptomoeda é uma das que menos se desvalorizou nos últimos tempos, em comparação a outros projetos que tiveram grande perda. No momento da escrita deste, de acordo com dados do website Chainsage, a Decred estava se valorizando em relação ao par dólar mais de 1% nas últimas 24 horas, e mostra ainda que nos últimos 30 dias teve uma boa valorização em relação ao USD americano (mais de 11%). No último ano, em relação ao ETH a moeda se valorizou mais de 45%. Fonte: https://chainsage.com/assets/dcr/ Outro fato relevante para a comunidade que aconteceu no início de dezembro foi a integração com a Hardware Wallet Ledger, que é uma das mais utilizadas no mundo e agora é compátivel com a Decred, nos modelos Nano S e Ledger Blue, de acordo com Twitter oficial da empresa. Em relação ao recente atomic swap realizado entre a Qtum e o Bitcoin, a Decred já está correndo atrás de criar ferramentas compatíveis para transações entre a Qtum e a DCR, e quem sabe até entre a Ethereum e Qtum, como disse o usuário xaur em um comentário no GitHub da moeda. Isso abriria precedentes para mais construções relevantes e descentralizadas. Em relação a mais detalhes do andamento do projeto no mês de Dezembro de 2018, a Decred soltou o seu Jornal Informativo que os investidores podem ter mais noção do andamento do projeto e de várias informações extras relevante ao ecossistema. O artigo Criptomoeda Decred começa 2019 bem apareceu primeiro em Livecoins.

14 hours ago

Daily Crypto Roundup 1/9/2019

Today in the crypto space, bitcoin revealed bullish sentiment, a security firm investigated the recent ethereum classic hack and Tron hired a former Securities and Exchange Commission (SEC) employee. Qtum also introduced atomic swaps and Bill Miller commented on Ripple. Catch the details on today’s action: Bullish Sentiment For Bitcoin Is At A 5-Month High A CoinDesk report today showed positive chart sentiment regarding bitcoin. “The ratio of long-to-short positions placed on bitcoin (BTC) has reached its highest level in over five months on cryptocurrency exchange Bitfinex,” the media outlet noted. CoinDesk also noted the presence of an inverse head and shoulders price chart formation, a bullish pattern possibly giving bitcoin bears a reason to question further downward prices. Read on CoinDesk Security Firm Asks Exchanges To Help It Find Ethereum Classic ‘Attacker’ SlowMist, a chinese security operation, recently released a Medium article which stated pertinent information regarding the recent ethereum classic (ETC) hack. According to a CoinDesk report on the subject, SlowMist’s Medium post noted three specific wallet addresses and four transaction hashes responsible for the network reorganization hacks, leading to double spend activities. SlowMist reportedly is still on the hunt to find locations associated with the mentioned addresses. The ethereum classic team is currently working with SlowMist to further investigate the situation. Read on CoinDesk Crypto Platform Tron Hires Former SEC Attorney As First Chief Of Compliance According to a press release today, CoinTelegraph reported Tron has picked up a new employee to head up the project’s compliance division. A former U.S. Securities and Exchange Commission (SEC) supervisory attorney, David Labhart joined the Tron team under the job title of chief compliance officer and co-general counsel. Read on CoinTelegraph Decentralized Platform Qtum Introduces Bitcoin Atomic Swaps To Its Mainnet Today, CoinTelegraph reported on a press release stating the initiation of bitcoin atomic swap functionality to Qtum’s blockchain. Atomic swaps allow one crypto asset to be traded directly for another, without involving a cryptocurrency exchange or other platform. “The implementation of Qtum-to-BTC atomic swaps has been achieved with the use of the Hash Time-Locked Contracts (HTLCs) technology and is based on the code of the open-source cryptocurrency Decred,” CoinTelegraph noted. Read on CoinTelegraph Hedge Fund Chairman Bill Miller Skeptical Of ‘Overdone’ Ripple Via an interview with CNBC, long-time bitcoin advocate Bill Miller (Miller Value Partners chairman and CIO) revealed he has adjusted his fund’s crypto asset holdings. “We’ve retained about a ten percent weighting in Bitcoin and Bitcoin Cash together, and the other 90 percent is now in a separate fund,” Miller said in the CNBC interview, as noted by Bitcoinist. Miller’s fund first started accumulating bitcoin back in 2014. Over the years, the fund picked up their bitcoin at an average price of $350 per BTC. Miller is unsure whether or not the fund will involve itself with other cryptocurrencies. He did, however, express skepticism toward Ripple and associated XRP. Read on Bitcoinist The post Daily Crypto Roundup 1/9/2019 appeared first on Crypto Insider.

5 days ago

As Ethereum Classic (ETC) Suffered a 51% Attack, Is Bitcoin Also Vulnerable?

The recent 51% hack suffered by Ethereum classic known as the brother of ethereum the second rated Cryptocurrency on the 5th of January has thrown the crypto market into speculation of more 51% attack taking place. The 51% attack on ethereum classic saw a single person able to control about 60% of the mining power which created a longer blockchain which enables them to double spend. This event led to the freezing of its trading of the 18th largest Cryptocurrency on top exchanges such as coinbase. Opinions of Crypto Experts on the Hack The hack has led to worries in the crypto space as some envisage the top value Cryptocurrency Bitcoin to be the next in line to experience a 51% attack. One of the crypto experts that lend their thought on the event is the President of Blockchain at Columbia University, Nir Kabesa state that though it is difficult attacks on the larger Cryptocurrencies are no longer out of reach after the ETC 51% attack. He noted that with the power securing ETC and the market cap of its supply being less than 1/20th of the ethereum main chain; the attack is not surprising. He further stated that it is now clear that it is much cheaper to 51% attack supposed top tier project than many might have assumed. The ETC value which supposed to he absolute immutable has been indicated to be not immutable because of the attack. Also, the co-founder at Qtum and co-chair of the Smart Contracts Alliance Jordan Earls, lend his voice. He stated that this latest attack could see an update on proof of work model. To him, the attack highlights the danger in the use of the PoW consensus in the system and extol the proof of stake implemented in Qtum which maintains the freedom and censorship resistance of proof of work, and it is without the risk of 51% attack. Though many have doubts about PoS, there has been no record of 51% attack. Also, Senior Market Analyst at eToro, Mati Greenspan noted that the most common type of attack in crypto is the 51% attack. This happens when a foul player tries to control more than half of the network mining power, which leads to rewriting history. Mati stated that if anyone is dreaming of 51% attack Bitcoin would be in need of about 4,500 times the amount of hashrate than what is needed to attack ETC. In his opinion anyone thinking that the crypto market is in disarray is wrong. However, the issue of Bitcoin 51% attack is still subjected to time. The post As Ethereum Classic (ETC) Suffered a 51% Attack, Is Bitcoin Also Vulnerable? appeared first on ZyCrypto.

6 days ago

The Daily: Trust Wallet Adds BCH, 35,000 Merchants Get Access to Crypto Payments

In today’s edition of The Daily we cover an ethereum wallet that’s added support for bitcoin cash, a deal that grants access to accepting payments in cryptocurrency to over 35,000 merchants, and the latest advancement in cross-chain atomic swaps. Also Read: Banking Agency Advises European Commission to Assess Common Crypto Approach Trust Wallet Adds Bitcoin Cash Trust Wallet, a mobile wallet for ethereum and ERC20 tokens, has announced it has added support for bitcoin cash (BCH) on Android and iOS in the latest update of the app. In addition to BCH, the service has also added support for native segwit compatible LTC and BTC wallets. “As some of you probably have noticed over the past month, Trust Wallet is becoming much more than a simple ethereum and ERC20 wallet. Since our inception around a year ago, Trust has grown to support more than 10 native blockchains, including their native tokens,” the team stated. “We would like Trust Wallet to become your one stop solution for interacting with this new decentralized world, so going forward we will be adding more coins and features to enable our users to fully embrace the seamless experience of having all your tokens, collectibles, dapps and more in one place.” 35,000 Merchants Get Access to Crypto Payments Utrust, the Zug-headquartered cryptocurrency payments gateway solution, has announced a new integration with Quid Systems’ point of sale (POS) product. Over 35,000 merchants will be able to use the platform in order to accept cryptocurrency as a means of payment through this feature. Quid POS enables transactions between merchants and customers through a proprietary cash register. “For Utrust merchants, Quid POS offers something unique in the point of sale space - transparent transactions utilizing a currency conversion cash register with an affinity for cryptocurrency payments,” said Utrust CEO Nuno Correia. “We speak the same language of trust and this partnership expands both our missions to make cryptocurrency payments accepted universally.” Atomic Swaps Take Another Leap Atomic cross-chain swaps are a method for converting or exchanging one cryptocurrency to another without using a centralized exchange or a trusted third party. Qtum, a project meant to combine the Bitcoin Core protocol with Ethereum technology, has now demonstrated atomic swaps within its mainnet, a process that will allow users to swap QTUM for BTC. “The feature of not having a third party dependency and atomicity is consistent with basic principles of Bitcoin, so the future of atomic cross-chain swaps are favored by the market,” explained the team. “Many mainstream cryptocurrencies have realized atomic cross-chain swap and released their codes. As the cryptocurrency technologies and markets mature, atomic cross-chain swaps will have more application scenarios. For example, cross-chain exchanges of large amount of cryptocurrencies can be completed on the blockchain using this technology, without the need of centralized exchanges which will charge a large amount of fees.” What do you think about today’s news tidbits? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post The Daily: Trust Wallet Adds BCH, 35,000 Merchants Get Access to Crypto Payments appeared first on Bitcoin News.

6 days ago

"In the last year, Qtum has made significant leaps forward i...

"In the last year, Qtum has made significant leaps forward in developing its blockchain for greater adoption and in… https://t.co/E19WKMRwWP

6 days ago

Qtum Completes First Atomic Swap With Bitcoin on Mainnet

Qtum, a blockchain platform that merges the strength of Bitcoin’s blockchain with the Ethereum Virtual Machine to build decentralized applications, has completed its first atomic swap with Bitcoin on mainnet.This is a big, first step for atomic swaps, a feature that allows for on-chain exchanges, or transactions, between cryptocurrencies on two separate blockchains without the need to rely on a third party. For Bitcoin, this is a big step forward in allowing interoperability between other blockchains and itself in a trustless manner.Atomic swaps are not an entirely new feature, as Bitcoin Magazine has reported on a Lightning Network ERC-20 swap with bitcoin just a few months ago.According to Qtum’s blog post, the main solution that makes atomic cross-chain swaps possible is Hash Time-Locked Contracts, or HTLC. In a brief summary, HTLC essentially locks up the funds in a transaction for enough time so that both blockchains are able to confirm the transfer of funds on their own (via block confirmations) and gives both parties time to claim their funds. If enough time passes where one side has not claimed their funds, everything is returned back to the original parties.The entire process of the atomic swap is described in the blog post as follows:Alice initiates a transaction on Qtum which contains a time-locked contract and transfers QTUM to Bob.Bob audits the transaction.If the transaction is approved, Bob participates in a similar transaction on Bitcoin which pays BTC to Alice.Alice audits the transaction.If the transaction is approved, Alice redeems BTC from it.Bob extracts a secret from the redeeming transaction.Bob redeems QTUM from the initial transaction.If the time specified in the time lock is reached and Bob has not redeemed the token, Alice can refund the token.In the last year, Qtum has made significant leaps forward in developing its blockchain for greater adoption and interoperability as well. Atomic swaps are just the next step.They are also a crucial, next-step feature for interoperability with the Lightning Network.Why Are Atomic Swaps Important?Atomic swaps solve a big problem in cryptocurrency, which is the inability to directly exchange two different types of currencies with each other without having to rely on a trusted third party like an exchange or company.In a present example, let’s say Alice wants to buy a digital collectible from Bob, and there is no way to trade in person. If Alice wants to send money to Bob for a collectible, Bob could easily receive the funds and not send the collectible in return. Also, the opposite could happen, where Bob sends the collectible first and Alice never sends the money in exchange.The problem in the present example is the factor of trust. When trust is factored into the risk of exchanging things online, it becomes much more risky. Atomic swaps are a solution to this problem, as described above, because they allow funds to be exchanged between parties without having to rely on anything but mathematics to ensure the process has been completed smoothly. This article originally appeared on Bitcoin Magazine.

7 days ago

Qtum Brings Bitcoin Atomic Swaps to its Mainnet

Qtum, a decentralized blockchain platform, recently issued a press release stating that it will bring Bitcoin atomic swaps to its mainnet. The Qtum team was able to achieve the swap through the use of Hash Time-Locked Contracts (HTLCs) technology which is rooted in Decred’s open source code. The team also believes that HTLCs are the most secure way of implementing swaps and they intend to release 0 Value UTXO’s which will allow users who don’t have Qtum tokens to interact with smart contracts while a third party covers the fee. (RS)

7 days ago

The top 10 Crypto-Blockchain Platforms Emerging out of 2018

It’s been a busy year for crypto, and sometimes it’s difficult to stay abreast of everything that’s happening in the community. We’ve decided to put together a list of the top 10 Crypto and Blockchain projects of 2018, to hopefully help you keep up to date (and maybe even help you find your next favorite platform). ForkDelta ForkDelta is a decentralized trading platform that allows you to trade Ether and Ethereum tokens directly with other ForkDelta users. ForkDelta is a fork of EtherDelta that boasts tons of improvements on the original interface and a much faster oder processing system. ForkDelta includes EtherDelta’s orginal contract, with a revamped API. You can click here to head to ForkDelta. IDEX IDEX is another fantastic addition to this list. A decentralized exchange for trading ERC-20 tokens, IDEX combines the speed of centralization with the security of blockchain. It’s an ideal exchange for fans of ERC-20 based tokens (of which, we all know, there are many). IDEX helps users to trade continuously, without waiting for transactions to mine and while conducting multiple orders at the same time. You can start trading by going to https://idex.market/eth/aura. CEEK CEEK is a universal currency for the VR and Entertainment Industries. With partnerships including Universal Music, Apple, and even Katy Perry. CEEKERS (the platform’s users) will be able to manage, access, and trade with digital assets using a special standard for multi-token transfer which can reduce gas cost down to around 1/10th of a cent. Learn more about CEEK by clicking here. Veridium Veridium is looking to create a regenerative economy that will help to sustain earth’s resources and combat climate change by reducing carbon emissions. Their system will help to turn industry-standard carbon offsets into tradable digital assets. Alongside their partners (including IBM), they’re hoping to create a marketplace that will automate carbon credit accounting on a corporate level, and help offset this process across global supply chains. You can head to https://www.veridium.io/ to learn more. QTUM QTUM is an open sourced blockchain, that leverages the security of UTXO while enabling various virtual missions (such as x86 VM). QTUM is Proof of Stake based and has a decentralized governance protocol which allows for certain blockchain settings to be changed/enhanced through the use of smart contracts. As a company QTUM is incredibly forward thinking, and is definitely one to watch. Celsius Celsius is a P2P crypto-finance platform that connects holders of digital assets with borrowers. It allows crypto-holders to gain interest on their assets or to get a cash loan against their crypto (so using it as collateral). There are a number of advantages to this system: Firstly, th more crypto you put up as collateral, the lower your interest rate. You can also continue to HODL rather than sell your digital assets in order to secure the cash that you need, and there’s no credit check involved because your crypto is used as collateral. Need a loan? Head to https://celsius.network/ to learn more. Menlo One Menlo One is an open-source blockchain on which developers can build dApps with as much speed and ease of use are their centralized ancestors. With Menlo One, blockchain data is cached and indexed on high performance “content nodes” which will make dApps as fast and user-friendly as users expect from the web, all which staying committed to the principles of decentralization. Learn more about Menlo One at https://www.menlo.one/. Patron Patron hopes to create next-generation services for influencers, but providing a platform on which they can publish, discover, reserve, or sell influencer data on Patron’s trustful platform. It’s essnetially a “one stop shop for social media influencer focused brands and influencers themselves.” Some of the functions the platform will have include: driving the economy arond CTC and SNS media, selling and acquiring influencers, and a monthly subscription service or “Exclusive Ambassador Contract” Unfortunately their ICO has closed, but you can find out more about the platform at https://patron-ico.io/. Augur/ Reputation Augur is a decentralized platform and P2P protocol that rewards you for predicting market fluctuations. Augur allows you to stake REP (the platform’s token), an ERC-20 coin, on correct outcomes to receive a portion of the market’s settlement fees. If you report or predict incorrectly, you’ll lose your rep. This is a pretty high-stakes platform (excuse the pun) but it can yield incredible outcomes for those willing to put in the work. 1.Vertex Vertex is an OTC market for tokens, which allows you to buy and sell exclusive tokens at preferential rates all before they’ve even hit exchanges. Built on principles invoking both centralization and decentralization, Vertex is something completely new to the crypto-sphere. As we all know, there’s quite a lot of uncertainty in the crypto-mar

a month ago

QTUM Awards $400k Grant to Columbia University Research Team

Qtum, an open source blockchain project, recently awarded a $400,000 grant to a research team at Columbia University. The funds are directed for research and development and will be used to support the development of a new programming language for Ethereum (ETH)-based smart contracts. The language dubbed “DeepSEA” are designed to “tackle [an] inherent conflict between high-level formal reasoning and low-level systems programming.” The researchers hope to design and implement DeepSEA and they also are developing a DeepSEA “toolchain” that would be directly applied to “build certified OS kernels and Ethereum-style smart contracts.” Ultimately, DeepSEA aspires to make smart contracts more “reliable, dependable, and ultimately, adoptable.” (RS)

a month ago

Qtum Awards $400K Grant to Columbia University Research Team for Smart Contracts R&D

Qtum has awarded a $400,000 grant to academics at Columbia University to fund the development of a new programming language for Ethereum-style smart contracts

a month ago

Inspired by a partnership with QTUM, Amazon sets up blockchain service

Only 1 year after Amazon Web Services [AWS] CEO Andy Jassy stated that he wasn’t interested in blockchain services, AWS has now announced that it is launching a managed blockchain service, supporting Ethereum and Hyperledger. The news broke barely two months after AWS announced a partnership with QTUM, a leading Singaporean smart contract platform, signaling that it was a precursor that showed Amazon the demand and importance of “Blockchain as a Service”. Blockchain as a service [BaaS] enables anyone to leverage cloud-based solutions to build, host, and utilize their own blockchain dApps and functionalities. This concept draws several parallels with Software as a Service [SaaS], and is an important step towards enabling the adoption of blockchain technology by corporations and businesses. As stated on the AWS blockchain landing page, the company describes that the main benefits its BaaS solution offers are: framework flexibility, one-click deployment, and global reach. This tackles many of the existing issues related to blockchain development, where it can often be hard to build the necessary infrastructure for a certain framework, and where global deployment can be impossible without significant investment in hardware and electricity. From Books to Blockchain In mid-October, Simon Wang, head of business development at Amazon Web Services China confirmed that the internet giant was officially partnering with QTUM and that the blockchain platform was now an AWS technology partner and one of the partner network members. The goal of the partnership was to develop blockchain-as-a-service [BaaS] solutions for enterprises and developers, an objective that came to fruition just 2 months after the collaboration was initiated. In the world of blockchain technology partnerships are often only established for marketing purposes. This makes QTUM’s achievement stand out even further and proves the ability of the team to quickly execute key strategic moves. It is important to note that, at the time of writing, QTUM is nowhere near the largest blockchain platforms by market capitalization. QTUM is currently being traded at a $130 million valuation, nearly 30 spots behind leading smart contract platform Ethereum, according to CoinMarketCap. While the exact reasons remain unclear why Amazon chose QTUM over a larger platform like Ethereum, they may be related to the novel technology that this emerging platform is working on. QTUM is not only one of the few working implementations of the Proof of Stake [PoS] algorithm, which increases decentralization and reduces the environmental footprint, but it also enables developers to code applications using mainstream languages. Furthermore, QTUM also aims to launch its lightning network by the end of 2019, which aims to will increase its throughput to close to 20,000 transactions per second, roughly 1,000x more than Ethereum. As stated at the beginning of this article, it is interesting to observe how corporate giants are fast to dismiss blockchain technology and at first highly skeptical, but upon further exploration decide to expand their offering to this space. This is not only true for Amazon Web Services, but also for other titans like JP Morgan, Microsoft, and IBM. The importance and future of Blockchain as a Service [BaaS] Software as a Service [SaaS], BaaS’ big sister, enables companies to use pre-built software solutions for their business, instead of having to develop its own in-house, which comes with large costs and waiting times. At the time of writing, SaaS is a $115 billion market that is expected to grow to over $135 billion by 2020. Furthermore, it is estimated that by 2020, 86% of all organizations will be purely running on SaaS. Several companies like Salesforce and Shopify have become multi-billion dollar corporations with hundreds of employees, by exclusively focusing on providing software as a service to other businesses, which provides a glimpse into the market potential of BaaS. With a current valuation of just $130 million, it will be interesting to observe if QTUM’s strong relationship with AWS will also enable it to capture a portion of that value and to establish itself as a leader in the emerging Blockchain as a Service industry. In the words of Andy Jassy, CEO of AWS, “This service [BaaS] is going to make it much easier for you to use the two most popular blockchain frameworks”. While in this quote Andy Jassy is making reference to the blockchain frameworks Ethereum and Hyperledger, it should be of no surprise that others should follow as well if the demand is there. Some of the main issues, when working with and testing new blockchain ledgers or decentralized applications, is the global and decentralized nature of this technology. While a website can easily be run on a single server, in order to tap into the true potential of distributed ledger technology, it needs to be distributed. If a company or business wanted to deploy such an infrastructure by

a month ago

Loopring (LRC) Protocol is Now Live on the Wanchain (WAN) Network

Wanchain (WAN), a project that focuses on enabling interoperability between different blockchains, has announced that the Loopring (LRC) protocol for decentralized exchange trading platforms is now live on the Wanchain network. The goal of the integration is to help crypto holders switch between various crypto tokens without having to relinquish control of their tokens to a centralized exchange. The Loopring protocol is also currently integrated on the Ethereum, NEO, and Qtum networks. (JF)

a month ago

3 Cryptocurrencies Decoupling From Bitcoin into 2019 (PAL, TRX, WAVES)

2018 was underwhelming compared to 2017. The bear market went into full swing and most cryptocurrencies lost over eighty percent. Bitcoin has begun decoupling from many cryptocurrencies including those having some of the biggest developments of 2018. WAVES, TRX, and PAL are three cryptocurrencies that have persevered through the bear market. These three projects exceeded expectations and even demonstrated an important decoupling from BTC. Cryptocurrencies PAL, WAVES, and TRX Decouple Even during the bear market, there were major events in many cryptocurrency projects. PAL, TRON, and WAVES all had major developments as many cryptocurrency projects were imploding. TRX (Tron) which as of December 31, 2017, was not in the Top 15 cryptocurrencies had a very important year regarding development. The TRX team burned 1 billion tokens and launched their mainnet in May. The mainnet was further developed the following month with the release of Odyssey 2.0. Odyssey 2.0 is intended to be a public blockchain that supports decentralized applications. TRX also announced a $100 million gaming fund to increase the development and use of TRX in games. These developments during the height of the bear market speak volumes about TRON’s team and their dedication. Their founder Justin Sun is an outspoken, well-educated, blockchain advocate who has been a great leader for the TRX project. WAVES (Waves) has been the most notable cryptocurrency regarding decoupling from BTC. Bitcoin price 00 has struggled the prior few months having corrected over forty percent this month alone. WAVES is the self-proclaimed fastest blockchain platform with real-world solutions for trading on a decentralized exchange (DEX) and running smart contracts. Instead of correcting with the majority of the market following BTC lower, WAVES has actually increased from $1.45 November 14, to $2.35 per coin as of December 14. What is more impressive is not the dollar value increase, but WAVES going from 25250 Satoshis to 72138 Satoshis during that same period. Increasing almost two hundred percent against Bitcoin even though BTC fell almost fifty percent. PAL (PAL Network) would be considered the cryptocurrency “moonshot” on this list due to their tiny market cap. WAVES is ranked #22 with TRX being ranked #9 by market capitalization. PAL’s market cap at just under $2 million is less than 1/100th of WAVES and 1/400th of TRX’s. The multiple aspects that make PAL noteworthy. They were selected from over 60 entrants to be a part of the PayPal Incubator. Their mainnet launch was moved up to the end of December, three months ahead of schedule. PAL partnered with major projects such as NEM, QTUM, DGX, and MEDX. Their CEO and Founder Val Ji-hsuan Yapwas was featured in Forbes Asia 30 under 30. Having under a $2 million market cap was interesting, but beating deadlines by months with a top tier CEO is noteworthy. The cryptocurrency markets were miserable to watch if you were long on blockchain projects, ICOs, and BTC in 2018. Those who were shorting the market enjoyed a nice ride but all tides turn eventually. As 2019 approaches projects that disregarded market conditions and continued to persevere should be one’s HODL focus. PAL (PAL Network) With a market cap under $2 million and impressive volume, PAL seems fairly intriguing at 00. Earlier this year the PAL team was selected among three others to be a part of the PayPal Incubator Singapore. This prestigious award and notoriety by PayPal demonstrate PAL’s long-term connections in the Asia region. PayPal was impressed enough to place them in their incubator program, but why? PAL’s CEO and Founder, Val Ji-Hsuan Yapwas was awarded Forbes Asia 30 Under 30 award. This award by Forbes further compliments the notoriety provided to this cryptocurrency by PayPal. It seems the technology and notoriety behind PAL is primarily in Asia, even as their blockchain model tends to focus on the United States. Both Forbes and PayPal have taken an interest into PAL and their Founder/CEO. Beating deadlines in a bear market means the team is very committed. Originally PAL’s mainnet was scheduled to go live in quarter one of 2019. This date has been moved up to the end of December. If history repeats, cryptocurrencies have a tendency to trend North in value as their mainnet approaches. Releasing PAL’s mainnet months early demonstrates the team’s confidence in their platform. Partnerships create utility and project awareness in the blockchain space. PAL not surprisingly has partnered with many major key projects. The most notable ones include NEM, QTUM, DGX, and MEDX. The importance of PAL’s partnerships will be determined following their mainnet launch depending on the partners’ utilization of the PAL network. With notable partners, an exceptionally important Founder and CEO, a team dedicated to beating deadlines, an early mainnet release, being selected by PayPal and Forbes, and having a market cap under $2 million makes PAL a noteworthy a

a month ago

Nadando contra a maré: Criptomoeda Waves valoriza mais de 70% nos últimos 30 dias

Por: Livecoins Eu sei que todo mundo já sabe mas, não custa nada lembrar: Todo o mercado de criptomoedas está no vermelho, amargando perdas de mais de 30% desde meados de novembro, pânico geral, sonhos foram destruídos, holders viraram solders, um caos, mas uma moeda entre as 100 maiores por capitalização de mercado subiu mais de 50% nos últimos 30 dias, um brilho na escuridão: Waves. Com um aumento de preço de 10% nas últimas 24 horas, e mais de 70% no mês, a Waves é uma das únicas moedas não afetada pela tendência de queda do mercado, tornando-se uma das maiores altas. Preço Waves últimos 30 dias. Uma série de boas notícias na semana passada permitiu que a moeda ganhasse um impulso de alta que raramente é visto nesses casos de queda generalizada - e é bom lembrar que o preço da Waves ainda está muito longe de sua alta histórica de US $ 16. No dia 10 de dezembro, a desenvolvedora de uma plataforma blockchain pública global anunciou que estava lançando um plugin do navegador Mozilla Firefox, além do plugin do Chrome, chamado Waves Keeper, usado para gerenciar chaves privadas. O fundador da Waves, Sasha Ivanov, twittou na semana passada que a plataforma também lançará e ativará ‘Waves Smart Assets’: Upcoming smart assets on $waves can do: whitelists, #ico tokens freezing, taxation (token issuer collects transfer fees), trading against only certain currencies and more, you will have to use your imagination 🙂 all what #erc20 is used for but with much less hassle. — Sasha Ivanov (@sasha35625) December 5, 2018 O sentimento otimista vem seguindo a Waves há algum tempo. A moeda vem subindo desde o início de dezembro, quando a equipe anunciou uma atualização muito aguardada no aplicativo Waves Mobile, que incluiu uma exchange descentralizada e permitiu a compra de tokens Waves diretamente com cartões de crédito de dentro do aplicativo, tornando o token muito mais acessível com moedas fiduciárias do que no passado. Até agora, o aplicativo tem mais de 100.000 instalações na Play Store do Google para dispositivos Android. Quase nenhuma outra criptomoeda teve ganhos como a Waves. Em termos de ganhos de preço de 24 horas, apenas a Decred está no verde com cerca de 5%, outras estão com ganhos muito próximos de zero. Quando se trata de altas de preços em 7 dias, a Waves está acompanhada da EOS (10%), Tezos (12%) e QTUM (12%). O artigo Nadando contra a maré: Criptomoeda Waves valoriza mais de 70% nos últimos 30 dias apareceu primeiro em Livecoins.

a month ago

Qtum keeps spreading! ...

Qtum keeps spreading! https://t.co/5ORddunqY6

a month ago

Cryptos Worst Performers Of 2018

2018 was expected to be a bright year for cryptocurrencies but has turned out to be a year to forget. New and exciting projects were unveiled, in addition to the biggest and popular coins. The only certainty in the crypto market this year has been uncertainty. A market pullback in the crypto world isn’t something new but this year has been worse. The usual saviors are even dangling on a cliff, not to talk about the subordinates. The market which started as a pool of investment for crypto investors has now crumbled into bits, and it’s now fighting to get up on its feet. Many coins have seen their value plummet, their market cap and available supply all going down the drain. Despite the crypto market, in general, taking a deep hit by the high volatility, some coins have suffered pretty badly, and this piece highlights three of the worst cryptocurrencies this year. Qtum Despite its recent price increase to $2, Qtum has been terrible this year, and I wouldn’t want to be in the shoes of any investor with this digital coin in his or her portfolio. After the coin was revealed to be part of a selected number of cryptos to headline Binance’s ‘Gold Label’ crypto project, it showed some signs of life after all but that shouldn’t cover up the fact that the coin lost over 93% of its worth or value in the third quarter of this year. The coin has now lost 98% of its total value since its all-time high $100.224, in January this year. NEM (XEM) NEM is the second coin on this list and is giving Qtum a real chase for the worst performer of this year. After a 16% surge in a day in the early stages of March, whiles over 90% of the top 100 coins were falling; the cryptocurrency hasn’t done much since. NEM which started the year as the 11th largest cryptocurrency with a then market cap of almost $4 billion, has now lost over 91% of its value and this has shrunk its market cap to USD 714,149,100. What started as a bright year has now turned sour. Bitcoin Gold (BTG) Last on the list is Bitcoin Gold. With the Bitcoin tag hanging over its head, the cryptocurrency was expected to perform well this year. The Bitcoin had fork was expected to be on the rise anytime, its ‘God’ coin Bitcoin, was to rise and here lies the case, the biggest cryptocurrency has also been terrible this year. The coin has seen a decline of over 89% this year and certainly don’t look like bouncing back any time soon. The post Cryptos Worst Performers Of 2018 appeared first on ZyCrypto.

a month ago

Amazon Web Services Launches a Managed Blockchain Service and Quantum Ledger Database

Back in mid-October, the crypto-verse was delighted when Amazon Web Services (AWS) announced a new partnership with Qtum (QTUM). The partnership was between the China Division of AWS and latter blockchain project. Around the same time, the Tron (TRX) Foundation announced a new partnership with Baidu: a dominant cloud service provider. Amazon Web Services Launches a Managed Blockchain Service and a Quantum Ledger Database The online retailing giant of Amazon through its Amazon Web Services (AWS), has today launched two new blockchain services: Quantum Ledger Database and Amazon Managed Service. In the case of the Amazon Managed Service, it is a fully managed service that allows its users to create and manage blockchain networks using the popular open source frameworks on the Hyperledger Fabric and Ethereum. With just a few clicks, the service eliminates the overhead required to create the network. It automatically scales to meet the demand of applications running millions of transactions. AWS CEO Andy Jassy explained this further as follows: This service is going to make it much easier for you to use the two most popular blockchain frameworks [of Hyperledger Fabric and Ethereum]... When we heard people saying ‘blockchain,’ we felt like there was their weird conveluting and conflating what they really wanted. And as we spent time working with customers and figuring out the jobs they were really trying to solve, this is what we think people are trying to do with blockchain. On the other hand, Amazon’s Quantum Ledger Database (QLDB) is a fully managed ledger database that provides a transparent, immutable, and cryptographically verifiable transaction log ‎owned by a central trusted authority. QLDB tracks each and every application data change and maintains a complete and verifiable history of changes over time. Andy Jassy added the following with regards to the QLDB: It will be really scalable, you’ll have a much more flexible and robust set of APIs for you to make any kind of changes or adjustments to the ledger database. The chief goal of the Amazon QLDB is to eliminate the need to engage in the arduous development efforts of building your own ledger-like applications. What are your thoughts on Amazon Web Service launching a Managed Blockchain Service and a Quantum Ledger Database? Please let us know in the comment section below. The post Amazon Web Services Launches a Managed Blockchain Service and Quantum Ledger Database appeared first on Ethereum World News.

2 months ago

Qtum has officially joined @Binance_Info as a Gold Label Pro...

Qtum has officially joined @Binance_Info as a Gold Label Project. Thank you @cz_binance and your team for helping t… https://t.co/4TrHsg1zSZ

2 months ago

Crypto Arbitrage Today: BCH, ADA, XMR, Dash, Qtum, XML

More volatility has become apparent in the cryptocurrency markets, which also means additional arbitrage opportunities become apparent. Today is no different in this regard, even though a lot of traders are hesitant to move funds around while losses continue to pile up. The following six altcoins can be taken advantage of regardless. Dash (Kraken / Poloniex / HitBTC) Another day comes around and the price on Kraken for privacy-oriented altcoins is still low compared to other platforms. In the case of Dash, its value on Kraken is lower compared to Livecoin, Gate, Poloniex, and HitBTC alike. This allows for an easy profit of up to 2.6%, depending on overall platform liquidity first and foremost. It is one of the more attractive arbitrage options, as there are numerous exchanges involved. Cardano (Kraken / Gate) As is usually the case in the world of altcoins, Kraken and Gate play an increasing role of importance first and foremost. The value of ADA on Kraken is 2.2% lower compared to Gate, which makes for a very easy arbitrage opportunity first and foremost. Even though these prices may not necessarily remain in place for too long, it is evident there is some good money to be made for those willing to take the plunge. Bitcoin Cash (Kraken / Livecoin / HitBTC) The current uncertainty regarding the future of Bitcoin Cash seems to create a fair few arbitrage opportunities to explore. Buying on Kraken or Gate lets users flip BCH on Gate, Livecoin, and HitBTC for profits of up to 37%. There is also the option to buy on CEX and selling on either HitBTC or Livecoin for a profit of up to 45%. There is plenty of money to be made in this regard, although one has to keep in mind deposits of BCH may still be iffy for some platforms. Qtum (Kraken / Poloniex / Gate) In the world of Qtum arbitrage trading, there are only three exchanges one needs to keep an eye on at all times. The value on Kraken is usually lower compared to Poloniex and Gate. That is the case once again today, allowing traders to pocket a 2% profit for simply shuffling coins around. That is good money to be made given the lack of effort involved. Monero (Kraken / Poloniex / HitBTC) Similar to the arbitrage opportunity involving Dash, the Kraken price for XMR is lower compared to HitBTC, Poloniex, and Gate. This makes for easy profits to be scored, as traders can easily net a 2.4% profit for doing virtually nothing. Opportunities like these tend to come by every single day, especially where Monero and Kraken are concerned. It is a peculiar trend to keep an eye on, especially given the current market circumstances. XLM (Kraken / KuCoin / HitBTC) Virtually every other day, there has to be an arbitrage opportunity involving Stellar Lumens. The XLM price on Kraken remains a lot lower compared to KuCoin, HitBTC, and Gate, which makes for a quick and easy 2.75% profit. Traders willing to explore this opportunity can make some good money, assuming the prices remain at these levels across all platforms. Information provided by Arbing Tool. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Crypto Arbitrage Today: BCH, ADA, XMR, Dash, Qtum, XML appeared first on NullTX.

2 months ago

Crypto Arbitrage Today: Easy Profits to Fill the Hole in Trading Portfolios

During this rather dreadful weekend of cryptocurrency trading, arbitrage trading opportunities offer a welcome sight. Everyone wants to make a profit at some point, yet it remains unclear which currencies or assets will effectively allow one to do so. Until more price stability occurs, arbitrage opportunities are worth checking out. BCHSV (OKEx / Gate) It is the first time a big arbitrage opportunity presents itself for BCHSV. This forked version of Bitcoin Cash is getting a lot of attention lately. Its value ok OKEx is currently 4% lower compared to Gate.io, which makes for a very easy profit in quick succession. These are also two of the few exchanges effectively letting users deposit BCHSV at this time. ICX (Binance / Gate) Not surprisingly, the Gate.io trading platform will play a key role of importance for arbitrage trading once again. Buying ICX on Binance and selling it on Gate allows users to pocket a respectable 1.1% profit for no real effort. Given the troublesome circumstances in the crypto industry, such profits are too good to pass up on. Cardano (Kraken / Gate) When it comes to making a profit by trading Cardano, buying on Kraken will almost always guarantee profits to be made through arbitrage. Kraken often maintains lower prices for all altcoins. In this case, the value on Gate is 3% higher compared to Kraken, which makes this gap a no-brainer to exploit. Qtum (Kraken / Poloniex) A very intriguing arbitrage opportunity comes in the form of QTUM. Once again, users are advised to buy from Kraken due to its lower price and sell the QTUM on either Poloniex or Gate. Profits can be as high as 2.3%, which means this opportunity is rather appealing under the current market circumstances. BCHABC (Kucoin / OKEx) When an arbitrage opportunity for BCHABC - or BCH, depending on the exchange - presents itself, it is well worth taking notice. The value on Kucoin is 0.9% lower compared to OKEx. Given the liquidity for both exchanges, there is some good money to be made in this particular regard. It is expected this gap will close pretty quickly, thus time is of the essence. Ethereum Classic (Koineks / Binance / KuCoin) Those cryptocurrency enthusiasts who can access the Koineks platform may want to pay attention to its Ethereum Classic price. That value is very low compared to Poloniex. Gate. KuCoin. and Binance. As such, traders can pocket a 1.5% profit very easily, as this price gap should remain in place for some time. 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 Crypto Arbitrage Today: Easy Profits to Fill the Hole in Trading Portfolios appeared first on NullTX.

2 months ago

Switcheo Decentralized Exchange Now Supports ERC-20 Trading

The Switcheo Decentralized cryptocurrency exchange recently launched its Callisto update which has enabled the platform to now support and trade Ethereum ERC-20 tokens. This is the first of two near-term integrations, the other being a Qtum QRC-20 token DEX, that the Switcheo team has been working on in recent months. According to the announcement released by the Switcheo team, this is now the first non-custodial exchange to support both the NEO and Ethereum blockchains. (JF)

2 months ago

Best Exchanges to Buy Stellar Lumens (XLM) In Europe - A Guide For Beginners

Small Introduction to Stellar Lumens - What is Stellar Lumens (XLM) ? Stellar Lumens is a cryptocurrency created in 2014 by Jeb McCaleb and Joyce Kim. The cryptocurrency was created to allow cross-border transactions between any pair of currencies. Stellar protocol is the system behind XLM - which is decentralized & open-source - that allows the exchange of value using blockchain technology. The cryptocurrency already have different real-word applications, from which we can note: Deloitte integrated with Stellar in 2016 to create a cross-border payments app, Deloitte Digital Bank. In October 2017, Stellar made a partnership with IBM and KlickEx to ease the cross-border transactions in South Pacific Region. In December 2017, TechCrunch & Stellar created SureRemit - a Nigerian based non-cash remittances platform. In January, Stripe planned to add Stellar’s cryptocurrency - XLM - but never did probably because of the bear market In November 2018, Stellar have the most massive cryptocurrency giveaway in history - with $125,000,000 in XLM to be distributed - in partnership with Blockchain.com. More details about this can be found on Blockchain.com/getcrypto. Stellar’s top value was on January 4th, when their native cryptocurrency - XLM - reached above the $0.90 mark. Since then, the lowest value was on March 18th, 2018 - with a price of $0.16 per XLM. From that point forward, the XLM value had a growth to $0.45 - but never reached more than that. XLM was traded between October and November in the $0.20 - $0.28 range, many people expecting it to grow due to the future Coinbase listing.Right now, XLM is trading around $0.198 - a decrease caused by Bitcoin’s price drop. However, in BTC value - Stellar Lumens is up with more than 10%. More details about Stellar Lumens (XLM) can be found on: Wikipedia - Stellar CoinCentral - What is Stellar Lumens? A Beginner’s Guide MyCryptopedia - Stellar Lumens (XLM) Explained Best Exchanges to Buy Stellar Lumens (XLM) In Europe There are plenty of exchanges to buy XLM worldwide, we will focus on the most trusted European ones while also analyzing the fees, the history of the exchange and the users opinion. Kraken Cryptocurrency Exchange Kraken is one of the most trusted exchanges. Founded in 2011 as a Bitcoin Exchange only, Kraken has evolved a lot since then and its now offering other cryptocurrencies too. They now accept a wide list of cryptocurrencies such as: BTC, BCH, ETH, ADA, QTUM, ETC, XMR, DASH, LTC, XRP, XLM, REP, ICN, MLN, ZEC, USDT, GNO, EOS. An interesting fact about Kraken Exchange - it was the first one to be listed on Bloomberg terminals. Kraken has not suffered any hack since 2011. Their service had a poor quality in 2017 during the crypto mania, but they now managed to improve it. We can now say that Kraken have one of the best support services from the crypto space. The fees: Extremely low! The trading fees for buying Stellar Lumens (XLM) or selling Stellar Lumens (XLM) are under 0.1%. The EUR Bank Wire Deposit option have a fixed fee of 10 Euro - that you pay to the bank, not Kraken - while the EUR SEPA Deposit is free. The withdrawal fee for Stellar Lumens (XLM) is 0.00002. We’ll round it to 0, as the amount is 0.00000004 EUR. In conclusion, you could purchase Stellar Lumens (XLM) from Kraken without losing more than 0.5% of your deposit amount. History & Safety: Active since 2011.No hacks occurred until the time of writing the article. Cryptocurrencies are stored in hardware wallets in order to offer protection for the buyers. However, its better to keep it to your personal hardware wallet ( we recommend a Ledger or a Trezor device). Users opinions: We’ll judge this by checking the users opinions from Kraken exchange. More details can be found on CryptoCompare. The average user score is 2.2 out of 5 - which is pretty harsh in our opinion. But, as we’ve mentioned, 1 year ago Kraken had a very poor customer support service. So, we’ll judge this from 2 points of view 2.2 out of 5 score overall - People had unpleasant situation with Kraken exchange in the past. As some of the users mentioned, Kraken exchange can be a little bit unfriendly for new users. We can say the same thing about their support in the past. 5 reviews in 2018: 3 users voted Kraken 4 out of 5 while 2 users voted Kraken 5 out of 5. Therefore, the overall vote would be 4.6 out of 5. This is a proof that Kraken Exchange really tried and improve their service. Zerocrypted’s Opinion About Kraken Exchange Kraken Exchange did a great job by increasing the support agents and hiring professional ones. Their low fees as well as the ability to purchase crypto using EUR deposits made it friendly for any European that looks to purchase a few Stellar Lumens (XLM). Buying Stellar Lumens from Kraken is not such a simple process for someone unfamiliar with crypto. If other services offered a simple button to purchase a cryptocurrency only by pressing a button, on Kraken you need to be more experien

2 months ago

In Hong Kong This November: CCTV Financial and Economic Forum & B2 Fintech Technology Finance Global Summit

Proud organizer B2 Group has announced that this year’s global summit will take place at the InterContinental Hotel in Hong Kong, on the 27th of November. The event will feature two main conferences running concurrently: B2 FinTech Global Summit, and the CCTV Financial and Economic Forum summit. Also due to take place are the first B2 FinTech Awards Ceremony and an action-packed roadshow. As a decentralized, open-source platform, B2 Group services all components of the financial industry by providing both technical services and application solutions. The event is supported by a large assortment of top global institutions collaborating on this project, all putting in tremendous work to ensure that the event reaches massive success. With word spreading fast in the financial industry, anticipation is building up among attendees. Collaborators are reported at this stage to include Oxford Entrepreneurs, Peking University, Leland Stanford University, Hong Kong Baptist University, Blockchain Fund Global Alliance (BFGA), Asia-Pacific Blockchain Investment Association, Ethe Consulting, Institute of Chinese Enterprise Development of Shanghai Jiao Tong University, and of course CCTV Financial and Economic Forum Hong Kong Organizing Committee, amongst others. An Industry-Leading Partnership CCTV and Ta Kung Pao, the oldest active Chinese language newspaper, have held the CCTV Financial and Economic Forum in Hong Kong for eight consecutive years. It has become the most influential and professional high-end economic forum affecting the Asia-Pacific Region. Each year this summit is attended by many government officers, experts, entrepreneurs and investors. It promotes normalized and professional dialogue about the economy, technology, and finance between Hong Kong, Macao, Taiwan, and mainland China. This forum receives widespread recognition and support from the Hong Kong SAR government and society. Hosting the B2 FinTech Global Summit is the Takungwenhui Group - Ta Kung Pao and BFGS (FinTech Global Summit Organizing Committee). B2 Group and CCTV Financial & Economic Forum Organizing Committee’s joint launch of the 2018 CCTV Finance & Economic Forum: B2 FinTech Global Summit has sparked industry-wide excitement. The groups’ respective and combined work with industry leaders, global top academic institutions, and investors has earned them the respect and admiration of individuals and institutions alike. The accompanying road-show and awards ceremony recognizes these top investors, funds and project leaders for the global impact made by their work. It further encourages them to network and share insights amongst themselves and attendees for the common benefit of the industry. Some of the funds already confirmed to be attending include ICONIZ, GVC.pe, Node Capital, and Hash Capital amongst others, with many more expected to join them. The Era of Technology Upgrade and Business Reconstruction A major aspect of the event is defined by its unique theme for each year, shadowing developmental trends and notable areas of interest in the economy. This year’s theme is the Present and Future of Blockchain (Technology and Application), attracting a wide pool of industry leaders and top blockchain innovation projects as both speakers and attendees. Preceding themes were China’s strength in Global Financial Transformation (2016) and Financial Power in Real Economic Development (2017), yet this year’s focus is set to draw an attendance greater than usual. With innovative new technology companies unleashing groundbreaking concepts in the world, this summit is a hub of technological minds coming together to build the future of human thinking. Those invited by the B2 group include top technical developers, global industry leaders, and technology authorities from governments, all with one very important thing in common: a shared goal of continuous development and technological advancement. Among speakers invited are ConsenSys co-founder Andrew KEYS, SheOs co-founder Toni LANE, and Qtum CEO Patrick DAI, as well as many others. To date, it is the highest-profile summit in the Asia-Pacific region focusing on crossover integration dialogue. Highlights: Nationwide Media Coverage 1) The CCTV Finance & Economic Main Forum will be telecast on the CCTV2 financial channel, Dialogue. Having welcomed guests including Hilary Clinton, Tony Blair, Lee Kuan Yew, and Roh Moo-hyun, the high-profile broadcast will likely attract the attention of economists throughout China. The approximate 40-minute coverage is scheduled to air within a month of the event, while it is still fresh in the minds of attendees and investors. 2) The content of the forum will be discussed on CCTV2’s main economic policy and information news channel, Economic News, and/or Global Connection, an integrated financial information program. The broadcast is expected to appear over two to three programs for maximum exposure. 3) Broadcasting of the forum will also be offered by CC

2 months ago

Happy to announce that Qtum is live on Delta Direct! ...

Happy to announce that Qtum is live on Delta Direct! https://t.co/zK0FzO6mYA

2 months ago

Crypto Arbitrage Today: Easy Profits With QTUM, XMR, BTG, and ETH

As is usually the case in the cryptocurrency industry, arbitrage opportunities are not exactly difficult to come by. Today is no different in this regard, primarily because the spreads of certain altcoins across different exchanges are shaping up rather nicely. There’s a lot of good money to be made in this regard, albeit some trades may involve less liquidity compared to others. QTUM (Kraken - Poloniex - KuCoin) It is not entirely surprising to see a new QTUM arbitrage gap appear all of a sudden. More specifically, there has been an opportunity involving QTUM nearly every other day this week, as the price on Kraken remains significantly lower compared to Poloniex, KuCoin, and Gate. A very easy flip for up to 2% profit, as all of these platforms should provide sufficient liquidity to make something exciting happen. Monero (Kraken - Poloniex - HitBTC) A similar arbitrage opportunity still exists for Monero. Buying XMR on Kraken will let users sell on Livecoin, Gate, HitBTC, or Poloniex for up to 2.75% profit. It is not the first time XMR prices on Kraken remain very low for some time, and it seems things may not necessarily change as the week progresses. As such, arbitrage opportunities will remain visible where XMR is concerned. Bitcoin Gold (HitBTC Gate - Bitfinex) Over the past few weeks, there have been quite a few arbitrage opportunities involving Bitcoin Gold. Why that is the case, remains anybody’s guess. Even today, there is a good chance to net a quick 12% profit by simply flipping BTG between exchanges. Buying on HitBTC, Sistemkoin, Koineks, CEX, and Bitfinex to sell on Gate will always yield double-digit percentile profits. XLM (Kraken - HitbTC - KuCoin) For those who are looking to buy and sell Stellar Lumens for a quick profit, buying on Kraken seems to be a good idea first and foremost. By selling the funds on KuCoin, Bitexen, HitBTC, or Gate, one can next easy profits. Buying on Koineks and selling on these exchanges is also profitable. Arbitrage traders can easily pocket 1% profit for doing virtually nothing. Bitcoin Cash (Gate - Kraken - OKEx) When it comes to flipping Bitcoin Cash for a profit, numerous gaps have opened up. This is primarily due to deposits and withdrawals being frozen, although these gaps may persist once market activity resumes. For now, Buying on Gate, Kraken, HitBTC, or CEX seems like a good idea, assuming prices don’t change much. OKEx and Livecoin have a very high price for BCH right now. If this gap persists, traders can pocket a healthy 17% profit in quick succession. Ethereum (Kraken - Binance - LiveCoin) Even though Ethereum price discussions have taken a backseat for some time no, there are still plenty of arbitrage options to explore. Buying on HitBTC, Gate, OKEx, Kraken, KuCoin, or Binance will allow for quick and profitable flips on Livecoin. Buying on Kraken and selling on OKEx, Poloniex, KuCoin, or HitBTC can also yield similar profits of roughly 2%. Very appealing opportunities, especially when considering how few people actively look at Ethereum trading right now. Information provided by Arbing Tool. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Crypto Arbitrage Today: Easy Profits With QTUM, XMR, BTG, and ETH appeared first on NullTX.

2 months ago

Crypto Arbitrage Today: 20% Profit as Market Volatility Intensifies

Due to all of the wild price swings affecting the cryptocurrency industry last night, arbitrage opportunities are even easier to come by. With greater price gaps also come greater risks unfortunately, as it will be a matter of timing the trades correctly. Even so, these opportunities to make money should not be overlooked by any means, as they can help speculators recover some recent losses. Lisk (Poloniex / LiveCoin) One of the biggest arbitrage gaps to open up throughout this week comes in the form of Lisk. Buying LSK on Poloniex and selling it on LiveCoin can yield profits of up to 8% with relative ease. That is quite spectacular, all things considered, especially because there is so much market volatility right now. Even so, those who are willing to take a gamble can certainly benefit from this arbitrage gap which is shaping up right now. Cardano (Kraken / Gate) The price of Cardano is all over the place at this time, which shouldn’t come as a big surprise to anyone. More specifically, there is a very good chance this altcoin will remain on shaky legs for some time to come. Until things normalize, buying ADA on Kraken and selling on Gate.io can yield easy profits of up to 2.5%. QTUM (Kraken / Poloniex / Gate) It is pretty interesting to see how QTUM’s prices fluctuating wildly across different exchanges. In the case of Kraken, its price is lower compared to both Poloniex and Gate.io, which makes for a very easy arbitrage opportunity first and foremost. Gains of up to 2.2% are certainly possible to achieve, although this gap may widen as more time progresses. Monero (Kraken / Poloniex/ HitBTC) Numerous trading opportunities are created for XMR today. That is only to be expected, primarily because there is such a large gap between Kraken and all other exchanges, by the look of things. Buying on Kraken and selling on either HitBTC, Poloniex, Gate, or LiveCoin, will yield profits of up to 3.4%. A peculiar market trend, although one that will not necessarily remain in place for very long, depending on overall liquidity. Bitcoin Gold (Koineks / Bitfinex / Gate) Although there was a Bitcoin Gold arbitrage gap just yesterday, it seems that spread has not closed by any means. Instead, there is still a very wide gap between buying on Koineks, CEX, Bitfinex, or HitBTC, and selling on Gate.io. Those who are willing to try and exploit this gap can score profits of up to 20% for very little effort involved. Given the current market circumstances, such a gap may help offset some initial losses for traders. XLM (Kraken / KuCoin / HitBTC) Another day of arbitrage opportunities comes around, and XLM is in the middle of the action once more. The price of XLM across Kraken is significantly lower compared to KuCoin, HitBTC, and Gate. As such, it is only a matter of time until this gap begins to close as more traders begin to take advantage of these opportunities. Until that happens, an easy 2.5% profit is lying ahead. Information provided by Arbing Tool. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Crypto Arbitrage Today: 20% Profit as Market Volatility Intensifies appeared first on NullTX.

2 months ago

Podcast Transcript: DDEX Co-Founder Bowen Wang

Checkout our Latest Podcast with DDEX Co-founder Bowen Wang We are delighted to bring you our latest podcast with Bowen Wang, founder and COO of DDEX, a decentralized exchange based out of Beijing. DDEX now accounts for about 75% of the total volume of trades over the 0x Protocol each month and ranks 13% of trades amongst decentralized exchanges, 2nd after IDEX. In this episode, Bowen and I discuss how DDEX operates out of Beijing, how DDEX discovered 0x, Bowen‘s advice on approaching Chinese regulators for blockchain projects, and insights on hiring developers and community members out of China. New DDEX Wallet: Bringing Decentralized Trading To Mobile Basic DDEX trading: DDEX Trading — Getting Started Joyce Yang I’m your host Joyce Yang and our guest today is Bowen Wang, co-founder and CEO of DDEX, a decentralized exchange based out of Beijing. DDEX now accounts for about 75% of the total volume of trades over the 0x protocol each month. In this episode, we discuss how DDEX operates out of Beijing, how DDEX discovered 0x, Bowens advice on approaching Chinese regulators for Blockchain projects and insights on hiring developers and community members out of China. Bowen Wang Hello, this is Bowen Wang from DDEX. I’m the co-founder and CEO of DDEX. I graduated from NYU 2 years ago and before starting the company, I used to work at Zhenfund, which is Sequoia’s early venture firm investing in early stage companies. And back while I was in Zhenfund, I was specifically looking into the Blockchain company and also Blockchain related app company. So I was the first one who actually invested in ImToken and also Lino and also many of the other projects in the Blockchain space. And then we started a friends and family fund by ourselves, and then we discovered that few people hold their tokens long term. They have to have a marketplace to buy and sell. And so over the course of a weekend, we had 3 co-founders come together just trying to build a decentralized exchange in Starbucks. And then we figured out that it’s actually something that’s workable and then we quit our job and put our full hands on it. So then we got the investment from Initialized Capital and also Zhenfund for seed round funding, and we launched it in January 2018. And since then we have been up and running for more than 10 months already and also we have like have aggregating volumes for more than 400 million dollars. Joyce Yang Wow! That’s great. And just to give our listeners a quick understanding, you’re based in China right now with your team. And how big is your team? Bowen Wang So right now we’re based in Beijing. And the Beijing team has more than 25 members. Joyce Yang Wow! That’s quite big. And you grew that from 3 people since raising funding last year essentially. Bowen Wang Yeah, since 12 months ago. Even before like 6 months ago we only had like 8 people. Joyce Yang Yeah, that’s great. Just at a high level, how’s the crypto market in China right now? You kind of see a lot of what’s going on the East as well as in the West, and you are based in Beijing where you know a lot of the government officials and regulations are actually made. If you could give an idea what’s going on and the crypto regulations product, also the Blockchain development front. Bowen Wang Let’s talk about like the government policy. For now, the one top priority for the government is to stop the Fiat entrance for crypto market, which means that you cannot buy Bitcoin or Ethereum from any kind of central exchange just like people in the U.S. use Coinbase. And the reason why is that they want to stop like capital outflow or money laundering activities from a macro perspective, but from a development perspective, there have been really a growing number of developers coming to Ethereum and learning about solidity and there’s many. So like on Coin market cap of the top 100 Tokens, like 30 percent of them are coming from China. So there’s many other new layer-one blockchain teams that are trying to kind of revolutionized EOS or ETH from different architecture like DAG or DPOS. And there are also different like layer 2 protocol, which actually wants to do a scalability solution on Ethereum. And also there are many of the D-Apps coming up like Cryptokitties is in China and also like the U.S. developer community are really huge in Asia and people are developing U.S. wallet US D-App, US gambling game. And also kind of 30 percent of the U.S. Block producers are located in China. And as you all know, Bitmain is in Beijing, most of the majority of the mining pools are located in China and also there’s a huge line of like a manufacturing mining in the middle of nowhere like southeast China and Northeast China in the markets. Joyce Yang So you’re saying that the Blockchain community is very strong from what you’re seeing in China. Bowen Wang I always say it’s substantial, and also Bitmain is looking into IPO in Hong Kong markets either by the end of this year or at the b

2 months ago

How to Buy Cardano (ADA) In Europe - A Case Study About The Best Places to Buy Cardano in EU

Due to our past post about Cardano Price Predictions, we have a few people messaging us and asking us to help them buy Cardano in Europe. We understand that this might be the main concern of many interested buyers. There are a lot of people that aren’t buying Cardano from a safe exchange and they get scammed by people that steal all of their funds or get a much lower quantity of ADA than they should. The main purpose of this article is to educate the beginners and help them choose a respectable exchange to buy ADA. Ways to buy Cardano (ADA) in Europe There are many ways from which you can buy Cardano in Europe. We will create a list with all the best options here and analyze the potential outcome of every scenario. Case #1 - Buying Cardano (ADA) from a friend - This is a great way for a beginner to get started. To get help from a more experienced friend. But, not all of us have that friend and also if you always count on others you won’t be able to do it alone. We don’t recommend this method for beginners as its important to learn the best practices by applying those - not to count on someone else to do it for you. Case #2 - Buying Cardano (ADA) from a Cryptocurrency Exchange - This is actually a great way to get started. Buying Cardano from a cryptocurrency exchange will teach you the basics. You will learn how to create an account on a cryptocurrency exchange, how to fill out a KYC and how to create a market order to purchase ADA. We will talk more about this soon. Case #3 - Buying Cardano (ADA) from a Cryptocurrency buying website - Not the best way to start with ADA. These types of websites purchase ADA from exchanges and sell it to you. They’re basically brokers that are gaining a fee that you pay. We will talk more about the disadvantages of purchasing ADA from a service soon. Case #4 - Buying a cryptocurrency and exchanging it for Cardano (ADA)/ Already having a cryptocurrency and exchanging it for Cardano - Again, this is not a perfect scenario as you will lose a certain % of your investment from the exchange fees. Though, we need to keep this into consideration and analyze this too. If you however have a cryptocurrency and want to exchange it for Cardano - we’ll show you how soon. Buying Cardano(ADA) from a cryptocurrency exchange or a cryptocurrency buying website - What you should know & which cryptocurrency exchange you should use Firstly, every cryptocurrency exchange have a certain fee. Some of them have low ones that are under 1% and some of them pass the 2%. Its important to know this as you may ask why your portfolio lost 1% just after you bought the tokens even if the price stayed the same. And this is the answer. There are some exchanges that also have withdrawal fees - in case you want to keep your ADA in a more secure place such as a Trezor Wallet - which recently accepts Cardano (ADA) on its T Model. There are two well-known places in Europe that you can purchase ADA from: Coinmama Coinmama is one of the service website that lets you purchase cryptocurrency from it. It is not a cryptocurrency exchange, as you cannot sell cryptocurrencies using it - only buy. Formed in 2013 and active until 2018 - Coinmama operated in 188 countries worldwide and is also available in 24 US States. Coinmama offer investors a simple way to purchase: Bitcoin, Ethereum, Litecoin, Cardano, QTUM, Ethereum Classic, Bitcoin Cash and Ripple. To be able to purchase from Coinmama, you also need to verify your account by submitting a passport, national ID card or driver’s license card to its platform. This process usually takes less than one hour, in some times even less than 15 minutes - depending on how fast can you complete the steps. Coinmama Fees But Coinmama also have a big issue from an investor’s point of view - The Coinmama fees. The fees are way too high. To purchase from Coinmama with a credit card, you will be charged with a 5.00% processing fee. Also, they have a trading fee for 5.9%. This means that if you want to purchase 1,000 Euro worth of Cardano (ADA) from Coinmama, you will need a total of 1,105 Euro, plus another fee from your bank to exchange your currency to Euro- if you don’t already have it. This means that only by purchasing Cardano (ADA) from Coinmama, you will already be at a ~11% loss. If you will purchase exactly 1,000 Euroworth of Cardano (ADA) - you will receive 14,194.31 ADA which at the current market price have a value of 946.76 Euro. And here the processing fee its ignored. If we add that, we reach a 890 Euro value of ADA. The good part of it is that they don’t have a withdrawal fee - as Coinmama will send you the Cardano (ADA) directly to your wallet address. So, should you buy from Coinmama? We don’t believe so. There could be some places where you could get a better value and not lose ~11% of your hard earned money. Kraken Cryptocurrency Exchange Kraken Cryptocurrency Exchange is one of the most-known and oldest bitcoin exchange. As the time passed, Kraken added variou

2 months ago

Li Xiaolai Exits the Cryptocurrency Community

This is a piece that I thought was highly relevant and an ongoing feud between INBlockchain partner Li Xiaolai and Didi founder Chen Weixing. This is a selective curation from an article originally posted on Blockzone.com Li Xiaolai, the “richest man in the cryptocurrency”, has left the community, leaving chaos in his wake. A Storm of Public Speculation In the early morning of September 30, Li Xiaolai posted a message on Weibo, stating that he “will not personally make any investments in projects (whether it is about blockchain or not),” and that he is “still optimistic about blockchain technology in the long run.” “From now on, Li Xiaolai will not personally make any investments in projects (whether it is about blockchain or not, or whether it is an early investment or not). Therefore, if you see Li Xiaolai claimed as the investor in the future (as has previously been claimed for a long time, falsely for almost 99% of the projects), please do not pay any attention to it. I am going to take a few years to seriously change careers. As for what to do next, I have not thought it through yet. However, I am still optimistic about blockchain technology in the long run.” This post generated a storm of public speculation. People from all walks of life guessed about Li Xiaolai’s motivation for leaving the cryptocurrency community. Is he like a rat escaping from a sinking ship? Does he feel the blockchain markets will continue the downward trend? Is regulation tightening? Is Li Xiaolai protecting himself? Is he wealthy enough already? Does he just want to do what’s right for the people? Does he want to slow down his pace after being part of the bustling crypto scene? Does he want to manipulate things behind the scenes? Li Xiaolai did not offer any further reply. Li Xiaolai’s opponent, Chen Weixing, asked five questions on his personal Weibo. He listed Li Xiaolai’s previous projects that have not yet been paid off and asked seriously “whether a ‘public’ figure who has collected a huge amount of money from others can exit the cryptocurrency community, taking their money with him.” Some media workers have sharp eyes. Someone has said that he would like to exit from the currency community. I really admire his courage. But I have a few questions: 1. He raised funds for more than 20 token-issuance projects, and he is the actual controller of some of the projects. The funds of most of the projects are stored in his accounts. I don’t know how he will manage the funds after changing his profession. 2. INBlockchain has raised 300 million yuan, and most of the funds are claimed to have been invested in various token-issuance projects. What about the post-investment after he changes his profession? 3. For the Xiong’an Fund, 30 million yuan was provided by the government. Some of the funds are invested in the token-issuance projects supported by Li Xiaolai. Although he is no longer a partner, they are still the main shareholders. I do not know what will be done for the post-investment management. 4. With Alipay, he established “Fengli Funds” by collecting funds from supporters and illegally raised more than 400 million yuan at an interest rate of 8%. Most of the money was also invested in blockchain, so how will withdrawal of these funds be handled in the future? 5. Before the blockchain token was issued, he had conducted an equity crowdfunding of nearly 100 million yuan through companies such as Make Xinsheng, and all these funds were used for investment. I do not know how this will be explained to investors. I would like to ask whether a “public” figure who has collected a huge amount of money from others can exit the cryptocurrency community, taking their money with him. The hot discussion about Li Xiaolai’s sudden departure from the cryptocurrency circle confirmed an obvious fact: Li Xiaolai has a large influence in the community. The cryptocurrency community is a world of its own and includes fixed retail investors and powerful wealthy leaders. Changing professions and making profits from retail investors is second nature to Li Xiaolai; he will go wherever he wants to go. However, his wealth is not just arbitrage and capital. As many know in the cryptocurrency community, Li Xiaolai has maintained a blurred relationship with many project parties, and media outlets have identified him as a previous supporter of several pyramid-scheme platforms. As a result, Li Xiaolai’s wealth is not simply a differential of the price obtained from ordinary retail investors. Instead, it is referred to as “illicit money” by the industry. Li Xiaolai is smart enough to take a step back and look for long-term benefits. In the cryptocurrency circle, the ability to profit is closely related to the bull-bear cycle. As the regulatory policies became more strict coinciding with the bear market, Li Xiaolai denied his behavior and published books to bolster his reputation. Trapped in Negative News Li Xiaolai has said that the first half of his life

2 months ago

Podcast Transcript: DDEX Co-Founder Bowen Wang on building on 0x from China, approaching Beijing regulators and hiring developers and community members in China

Checkout our Latest Podcast with DDEX Co-founder Bowen Wang We are delighted to bring you our latest podcast with Bowen Wang, founder and COO of DDEX, a decentralized exchange based out of Beijing. DDEX now accounts for about 75% of the total volume of trades over the 0x Protocol each month and ranks 13% of trades amongst decentralized exchanges, 2nd after IDEX. In this episode, Bowen and I discuss how DDEX operates out of Beijing, how DDEX discovered 0x, Bowen‘s advice on approaching Chinese regulators for blockchain projects, and insights on hiring developers and community members out of China. New DDEX Wallet: Bringing Decentralized Trading To Mobile Basic DDEX trading: DDEX Trading — Getting Started Joyce Yang I’m your host Joyce Yang and our guest today is Bowen Wang, co-founder and CEO of DDEX, a decentralized exchange based out of Beijing. DDEX now accounts for about 75% of the total volume of trades over the 0x protocol each month. In this episode, we discuss how DDEX operates out of Beijing, how DDEX discovered 0x, Bowens advice on approaching Chinese regulators for Blockchain projects and insights on hiring developers and community members out of China. Bowen Wang Hello, this is Bowen Wang from DDEX. I’m the co-founder and CEO of DDEX. I graduated from NYU 2 years ago and before starting the company, I used to work at Zhenfund, which is Sequoia’s early venture firm investing in early stage companies. And back while I was in Zhenfund, I was specifically looking into the Blockchain company and also Blockchain related app company. So I was the first one who actually invested in ImToken and also Lino and also many of the other projects in the Blockchain space. And then we started a friends and family fund by ourselves, and then we discovered that few people hold their tokens long term. They have to have a marketplace to buy and sell. And so over the course of a weekend, we had 3 co-founders come together just trying to build a decentralized exchange in Starbucks. And then we figured out that it’s actually something that’s workable and then we quit our job and put our full hands on it. So then we got the investment from Initialized Capital and also Zhenfund for seed round funding, and we launched it in January 2018. And since then we have been up and running for more than 10 months already and also we have like have aggregating volumes for more than 400 million dollars. Joyce Yang Wow! That’s great. And just to give our listeners a quick understanding, you’re based in China right now with your team. And how big is your team? Bowen Wang So right now we’re based in Beijing. And the Beijing team has more than 25 members. Joyce Yang Wow! That’s quite big. And you grew that from 3 people since raising funding last year essentially. Bowen Wang Yeah, since 12 months ago. Even before like 6 months ago we only had like 8 people. Joyce Yang Yeah, that’s great. Just at a high level, how’s the crypto market in China right now? You kind of see a lot of what’s going on the East as well as in the West, and you are based in Beijing where you know a lot of the government officials and regulations are actually made. If you could give an idea what’s going on and the crypto regulations product, also the Blockchain development front. Bowen Wang Let’s talk about like the government policy. For now, the one top priority for the government is to stop the Fiat entrance for crypto market, which means that you cannot buy Bitcoin or Ethereum from any kind of central exchange just like people in the U.S. use Coinbase. And the reason why is that they want to stop like capital outflow or money laundering activities from a macro perspective, but from a development perspective, there have been really a growing number of developers coming to Ethereum and learning about solidity and there’s many. So like on Coin market cap of the top 100 Tokens, like 30 percent of them are coming from China. So there’s many other new layer-one blockchain teams that are trying to kind of revolutionized EOS or ETH from different architecture like DAG or DPOS. And there are also different like layer 2 protocol, which actually wants to do a scalability solution on Ethereum. And also there are many of the D-Apps coming up like Cryptokitties is in China and also like the U.S. developer community are really huge in Asia and people are developing U.S. wallet US D-App, US gambling game. And also kind of 30 percent of the U.S. Block producers are located in China. And as you all know, Bitmain is in Beijing, most of the majority of the mining pools are located in China and also there’s a huge line of like a manufacturing mining in the middle of nowhere like southeast China and Northeast China in the markets. Joyce Yang So you’re saying that the Blockchain community is very strong from what you’re seeing in China. Bowen Wang I always say it’s substantial, and also Bitmain is looking into IPO in Hong Kong markets either by the end of this year or at the b

2 months ago

7 Most Popular Articles - Second Half of October

7. During the month of October, Korean Won trading volumes account for almost 50% of total market share. http://bit.ly/2yI9LLl 6. OKCoin office in Beijing vandalized amid accusations of fraud: http://bit.ly/2RpMJjB 5. BUIDLing Binance Labs Incubation Program Season 1 Mid-Review. http://bit.ly/2zq0mYv 4. HTC is releasing its first blockchain-enabled phone and it must be purchased with cryptocurrency. http://bit.ly/2JccaSB 3. Binance coin can now be used to buy real estate through the platform Propy: http://bit.ly/2A9b0V7 2. The first ever gaming DApp to be released on Tron blockchain has reportedly to be a massive hit, reportedly marking up over 10,000 plays on its first day: http://bit.ly/2yrnS7X 1. Amazon Web Services China division is partnering with public blockchain project Qtum to develop a Blockchain as a service solution for enterprises. http://bit.ly/2yk189K If you find these stories interesting, we urge you to subscribe today.

2 months ago

Where to Put Your Money in a Bear Crypto Market?

With Bitcoin down 68% and a number of top cryptocurrencies having lost over 90% of their value from their all-time high (ATH), where exactly one should invest their money in a bearish crypto market. Crypto Winter: Bear market of 2018 Cryptocurrencies have lost more than 50 percent of their value since they reached their peaks in early January. Bitcoin (BTC) is currently down over 68 percent from its all-time high (ATH) in mid-December at approximately $19,500. Ethereum (ETH) and XRP, the top cryptos are more than 85 percent down from their high in mid-January at about $1,400 and $3.85 respectively. Bitcoin Cash (BCH), Cardano (ADA), IOTA (MIOTA), Dash, Tron (TRX), Lisk (LSK), NEO, Verge (XVG), and QTUM have lost more than 90 percent of their peak values. Tether (USDT), the stable coin which is pegged by a dollar is also below $1 at $0.998, down over 17% from January peak at $1.21. The volatility has dropped to the lowest this year which is not at all encouraging for the investors to sink their feet into crypto waters. Moreover, the daily trading volume in the market has also taken a hit and registering low numbers. Investing in a Bear Market Nonetheless, New Wave Capital, a fully registered investment adviser co-founded by Albert Cheng and Stewart Hauser that was launched in July says the customers are still very much interested as many customers have invested more money into crypto. CEO Eric Campbell shares, “The kind of customers who would sign up during a downturn have more of a long-term approach to investing.” According to the firm, crypto investment is not for only accredited investors, but for regular people as well i.e. with an annual income range of $200,000 to $1 million net worth. With a minimum investment of $100, New Wave invests its customers’ funds across 15 cryptocurrencies viz. Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Stellar Lumens (XLM), Litecoin LTC), Ethereum Classic (ETC), Zcash (ZEC), OmiseGo (OMG), Golem (GNT), TenX (PAY), Numeraire (NMR), Civic (CVC), Basic Attention Token BAT), and 0x (ZRX). The options are rebalanced quarterly with the weighting based on an algorithm and a risk survey. As usually happens, in a bear market, bitcoin becomes the most favored cryptocurrency. However, Campbell is most bullish on the cryptocurrencies with a smaller market cap. “The smaller-cap altcoins have the largest potential, we think. In a bear market, everyone moves away from altcoins and they go back to what has been traditionally more resilient, which is bitcoin. They think it’s a safer asset. But when we come back to another bull market in the future, we think people will go back to altcoins.” The post Where to Put Your Money in a Bear Crypto Market? appeared first on Coingape.

2 months ago

A fully functioning space-based Qtum node 🛰 has taken orbit....

A fully functioning space-based Qtum node 🛰 has taken orbit. https://t.co/x3Hsx5NGO1

2 months ago

How to Buy Cardano (ADA) From Europe - A Case Study About The Best Places to Buy Cardano in EU

Due to our past post about Cardano Price Predictions, we have a few people messaging us and asking us to help them buy Cardano in Europe. We understand that this might be the main concern of many interested buyers. There are a lot of people that aren’t buying Cardano from a safe exchange and they get scammed by people that steal all of their funds or get a much lower quantity of ADA than they should. The main purpose of this article is to educate the beginners and help them choose a respectable exchange to buy ADA. Ways to buy Cardano (ADA) in Europe There are many ways from which you can buy Cardano in Europe. We will create a list with all the best options here and analyze the potential outcome of every scenario. Case #1 - Buying Cardano (ADA) from a friend - This is a great way for a beginner to get started. To get help from a more experienced friend. But, not all of us have that friend and also if you always count on others you won’t be able to do it alone. We don’t recommend this method for beginners as its important to learn the best practices by applying those - not to count on someone else to do it for you. Case #2 - Buying Cardano (ADA) from a Cryptocurrency Exchange - This is actually a great way to get started. Buying Cardano from a cryptocurrency exchange will teach you the basics. You will learn how to create an account on a cryptocurrency exchange, how to fill out a KYC and how to create a market order to purchase ADA. We will talk more about this soon. Case #3 - Buying Cardano (ADA) from a Cryptocurrency buying website - Not the best way to start with ADA. These types of websites purchase ADA from exchanges and sell it to you. They’re basically brokers that are gaining a fee that you pay. We will talk more about the disadvantages of purchasing ADA from a service soon. Case #4 - Buying a cryptocurrency and exchanging it for Cardano (ADA)/ Already having a cryptocurrency and exchanging it for Cardano - Again, this is not a perfect scenario as you will lose a certain % of your investment from the exchange fees. Though, we need to keep this into consideration and analyze this too. If you however have a cryptocurrency and want to exchange it for Cardano - we’ll show you how soon. Buying Cardano(ADA) from a cryptocurrency exchange or a cryptocurrency buying website - What you should know & which cryptocurrency exchange you should use Firstly, every cryptocurrency exchange have a certain fee. Some of them have low ones that are under 1% and some of them pass the 2%. Its important to know this as you may ask why your portfolio lost 1% just after you bought the tokens even if the price stayed the same. And this is the answer. There are some exchanges that also have withdrawal fees - in case you want to keep your ADA in a more secure place such as a Trezor Wallet - which recently accepts Cardano (ADA) on its T Model. There are two well-known places in Europe that you can purchase ADA from: Coinmama Coinmama is one of the service website that lets you purchase cryptocurrency from it. It is not a cryptocurrency exchange, as you cannot sell cryptocurrencies using it - only buy. Formed in 2013 and active until 2018 - Coinmama operated in 188 countries worldwide and is also available in 24 US States. Coinmama offer investors a simple way to purchase: Bitcoin, Ethereum, Litecoin, Cardano, QTUM, Ethereum Classic, Bitcoin Cash and Ripple. To be able to purchase from Coinmama, you also need to verify your account by submitting a passport, national ID card or driver’s license card to its platform. This process usually takes less than one hour, in some times even less than 15 minutes - depending on how fast can you complete the steps. Coinmama Fees But Coinmama also have a big issue from an investor’s point of view - The Coinmama fees. The fees are way too high. To purchase from Coinmama with a credit card, you will be charged with a 5.00% processing fee. Also, they have a trading fee for 5.9%. This means that if you want to purchase 1,000 Euro worth of Cardano (ADA) from Coinmama, you will need a total of 1,105 Euro, plus another fee from your bank to exchange your currency to Euro- if you don’t already have it. This means that only by purchasing Cardano (ADA) from Coinmama, you will already be at a ~11% loss. If you will purchase exactly 1,000 Euroworth of Cardano (ADA) - you will receive 14,194.31 ADA which at the current market price have a value of 946.76 Euro. And here the processing fee its ignored. If we add that, we reach a 890 Euro value of ADA. The good part of it is that they don’t have a withdrawal fee - as Coinmama will send you the Cardano (ADA) directly to your wallet address. So, should you buy from Coinmama? We don’t believe so. There could be some places where you could get a better value and not lose ~11% of your hard earned money. Kraken Cryptocurrency Exchange Kraken Cryptocurrency Exchange is one of the most-known and oldest bitcoin exchange. As the time passed, Kraken added variou

2 months ago

Qtum Price Remains Above $4 While Other Markets Run out of Steam

As all cryptocurrency markets start to lose some of their initial profits, the focus shifts to those currencies which are still firmly in the green. Most altcoins are losing value against Bitcoin, although there are some notable exceptions. Qtum is still going rather strong at this stage, as it maintains a value of over $4 with relative ease. Qtum Price Momentum Remains Intact It is not abnormal to see all cryptocurrencies lose a bit of their initial momentum. Sustaining an uptrend throughout 2018 has been very difficult for all markets. As such, it is normal to see a brief corrections et in prior to the uptrend being resumed For most altcoins, that means suffering from a loss in the BTC department, which also drives the USD value down a bit in the process. For Qtum, nothing terrible is happening right now. In fact, it is one of the few altcoins in the top 30 to remain in the green in both USD and BTC value at this time. That in itself shows the currency has found some form of stability, although it will be interesting to see how things will move along in this department. On social media, Qtum isn’t necessarily generating a lot of buzz right now. That is not a bad thing by any means, as useless clutter can make investors and speculators more averse of this market. There is a proof-of-stake protocol deployed by Qtum which is well worth checking out, as it has the potential to redefine proof-of-stake as most people know it today. Proof-of-Stake is rising in popularity. Check out Qtum'sProof-of-Stake at a high-level #blockchain #QTUM #technology https://t.co/wQujJVPDF1 — Spacman Holdings (@spacemanllc) November 7, 2018 For those who are merely speculating on the Qtum price, it is evident there is a lot of room for upward momentum moving forward. More specifically, Qtum will need to break through the relatively low resistance level prior to effectively breaking out. Once that happens, a doubling in value is certainly possible, depending on how traders respond. $QTUM requested by @jason_loughnane. One line to rule them all. Should hit a 2x once it breaks though, plenty of clean air until next resistance. Like this one a lot.#QTUM $alts pic.twitter.com/Ll7xOmCBSP — Godfather (@GodfatherCrypto) November 7, 2018 CryptoKazakh, on the other hand, is confident Qtum is looking good right now, regardless of what may happen in the coming hours. Although there is still a lot of positive momentum in place right now, it seems unlikely this altcoin will not go through a correction of its own in the coming days. Markets remain unpredictable first and foremost, though. #qtum is looking good now. — CryptoKazakh (@CryptoKazakh) November 7, 2018 What makes Qtum such an impressive market right now is its very high trading volume. Compared to top markets, $207m might not seem much. When considering Qtum’s market cap is just $366m, that volume suddenly becomes a lot more impressive. It is critical to keep the bigger picture in mind at all times when dealing with cryptocurrencies. 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 Qtum Price Remains Above $4 While Other Markets Run out of Steam appeared first on NullTX.

2 months ago

Triangular Arbitrage Today: Easy Profits of up to 17%

In the world of triangular cryptocurrency arbitrage, big profits are relatively easy to achieve. That will only happen if all involved exchanges and currencies offer major liquidity, which is not always a guarantee. The following six options stand out today, as significant profits are waiting to be secured. MANA (Bittrex / CoinDelta / Bitbns) One of the more appealing triangular arbitrage opportunities today comes in the form of MANA. This altcoin can be purchased on CoinDelta with Indian Rupee at a relatively low price. Transferring these funds to Bittrex for a conversion to LOOM allows users to sell the second currency on BitBns for a healthy profit. If successful, gains of roughly 15% are not out of reach by any means. ZRX (Binance / Livecoin / Bitfinex) Whenever a triangular arbitrage opportunity presents itself, one has to look at the exchanges involved. In the case of ZRX, there are several key exchanges involved. Buying ZRX with US Dollars on Livecoin and converting them to CND on Binance is the first leg of the journey. Combined with selling the CND on Bitfinex, traders can achieve profits of roughly 12-13%. EMC (Bittrex / LiveCoin / BitBns) The arbitrage opportunity for EMC is very similar to that of MANA. It requires users to buy EMC on Livecoin and convert it to Loom on Bittrex. That LOOM balance can then be sold on BitBns for a total profit of nearly 11%. All of this will depend on overall liquidity, though, which is always difficult to predict first and foremost. CMT (Binance/ OKEx / Bitfinex) Another opportunity involving only bigger exchanges comes in the form of CMT. Buying this altcoin on OKEX and converting it to CND on Binance is a great opportunity to score some profits. Especially when selling that CND balance on Bitfinex, as that will allow for a total profit of roughly 8% with very little effort involved. QTUM (Bittrex / CoinDelta / Bitbns) It doesn’t happen all that often QTUM arbitrage opportunities arise, even though this altcoin isn’t more stable than others by any means. Buying QTUM with Indian Rupees on CoinDelta allows users to sell them on Bittrex and convert it to LOOM. These LOOM balances can then be sold on BitBns for profits of 15% or slightly more. BCH (Cryptopia / Kraken / KuCoin) It is another Bitcoin Cash arbitrage opportunity, albeit one that involves a bit more work. Users need to buy BCH with Bitcoin on Kraken and send it to Cryptopia for conversion to HST. These HST tokens can then be sold on KuCoin for a net profit of 17%. A very appealing opportunity, as it represents very easy money first and foremost. 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 Triangular Arbitrage Today: Easy Profits of up to 17% appeared first on NullTX.

2 months ago

Cryptocurrency Trading Update: Crypto Market Cap Reaches Monthly High

FOMO Moments More midweek momentum pushes markets higher; Bitcoin Cash racing ahead, Zcash, XRP and ETH doing well. Markets are on the move. Yesterday’s momentum has grown during Asian trading on Wednesday morning and total crypto capitalization has made it back over $220 billion for the first time in almost a month. Bitcoin has awoken and has shifted gear, climbing 1.4% on the day to $6,515. The jump came two hours ago when BTC added almost $100 in one movement. Trade volume has increased almost a billion dollars and is now at just under $5 billion on the day. Ethereum is also risen from its torpor and shifted 5.5% on the day to $220. It is the highest level ETH has been at for four weeks. Trade volume is up almost 25% as it races to keep second spot from XRP which is closing up. In the top ten Bitcoin Cash is nailing it with almost 11% on the day taking BCH to almost $620. This upsurge has been predicted due to the upcoming hard fork and associated coin distribution. Solid gains have been seen by XRP adding 6% on the day to $0.536, Stellar close behind with 5.5% taking XLM to $0.262. EOS and Cardano are both up over 4% and Monero is the only non-mover at the moment. Good gains also in the top twenty with Zcash taking the lead on 7% to $130. Neo, Ethereum Classic and Nem are all doing well today gaining over 5% right now. Following Bitcoin Cash the top performing altcoins in the top one hundred right now are Holo, Aurora, Qtum and MOAC, all adding 7-8 percent to their prices today. Nexo and Ravencoin are still dropping though, losing 3-4 percent when all of their siblings are making moves in the opposite direction. Total crypto market capitalization has seen its largest daily gain for three weeks as 3.8% brings it to $220 billion. Over $7 billion has been added over the past 24 hours and over $16 billion over the past seven days. A smooth upswing has started to form on the weekly chart, have the bulls finally awoken? Bitcoin dominance continues to decline, largely at the expense of BCH and XRP, it is currently 51.5%. 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 Trading Update: Crypto Market Cap Reaches Monthly High appeared first on NewsBTC.

2 months ago

China Embraces the Blockchain Revolution

CoinSpeaker China Embraces the Blockchain Revolution In a recent broadcast, China Central Television (CCTV), the dominant state-controlled broadcast company announced in an hour-long broadcast that “the value of blockchain is 10 times that of the internet”, and that blockchain is the next significant global technological revolution, exceeding the importance of the Internet, according to Quartz which analyzed the implications for China and beyond. This groundbreaking newscast included Chinese government officials, as well as Don Tapscott, a well-known Canadian author of the book Blockchain Revolution. China’s position on blockchain may surprise outsiders because the country historically held a very skeptical, if not overtly hostile view of cryptocurrency. In the last year, China banned crypto exchanges and initial coin offerings. They also curtailed crypto mining. Around the same time, Hong Kong’s Securities and Futures Commission issued a warning to investors that tokens issued via ICO may be classified as securities, and that the Commission is “concerned about an increase in the use of ICOs to raise funds in Hong Kong and elsewhere.” However despite proceeding with extreme caution on cryptocurrency, technology experts and cryptocurrency advocates in China were pleased with the country’s pro-blockchain perspective and its potential for the world’s largest country by population, specifically citing the three main points of the televised presentation: “Blockchain is the second era of the Internet” (Don Tapscott, author of “Blockchain Revolution”), “The value of blockchain is 10 times that of the Internet” (Stanford physics professor and founder of Danhua Capital Zhang Shoucheng), and “Blockchain is the machine that produces trust.” Xi Jinping, president of China, spoke in May 2018 about the potential breakthrough technologies that blockchain could produce, including applications in artificial intelligence. “A new generation of technology represented by artificial intelligence, quantum information, mobile communications, internet of things, and blockchain is accelerating breakthrough applications,” Xi said, via a translator. MATRIX AI Network and Other Chinese Companies Leading the Way MATRIX AI Network, a company registered in Hong Kong, is launching an intelligent, open-source, new generation blockchain that aims to solve major challenges currently constraining the development and adoption of blockchain technology. MATRIX leverages the latest artificial intelligence (AI) technology to deliver an easier, safer, faster and more flexible blockchain. “In addition to AI experts, we also gathered experts in distributed computing who understood network architecture, topology, and latency. We wanted the team to bring fresh eyes to how blockchain had developed to date, and innovate from there,” says MATRIX AI Network Chief AI Scientist Steve Deng. The results, to date, have been impressive, with MATRIX AI Network recently confirming that system throughput speeds exceed 50,000 transactions per second (TPS). In addition to faster and more efficient transaction processing, MATRIX differentiates itself from previous blockchains by offering breakthrough technologies in building AI-enabled autonomous and self-optimizing blockchain networks, featuring multi-chain collaboration and decoupling of data and control blocks. With the successful completion and release of its Testnet in October 2018, the MATRIX Main Network is scheduled to go online on December 30, 2018. China appears to be lending support to other domestic companies with promising blockchain technology including NEO, a blockchain platform and cryptocurrency designed to build a scalable network of decentralized applications and QTUM, a blockchain technology that bridges Ethereum’s smart contracts on top of Bitcoin’s stable blockchain while using proof of stake for verification. Implications for China The discussions and presentations made it clear that China is angling to become an epicenter of innovation. Beijing, Shanghai, Shenzhen, Hangzhou, Guangzhou and Hong Kong are all trying to attract blockchain startups and become a laboratory for FinTech innovation. However, critics are concerned that blockchain technology will still be unable to be used in China for cryptocurrency applications. Critics state that prohibiting and/or regulating the use of cryptocurrencies in China, but embracing blockchain, indicates that the foundation of blockchain technology is being misused; meaning that the fundamental idea behind blockchain encourages a free market without government interference, which may diverge from China’s interests. Of interest, media outlets are reporting that the People’s Bank of China governor Yi Gang supports cryptocurrency, which could be a reason for the country’s embrace of blockchain technology. China is ahead the rest of the world when it comes to using digital currency on a daily basis. Even vending machines in China are equipped w

2 months ago

October Volume Report: Weakest Monthly Trading Activity of 2018

On the eve of the 10th anniversary of the initial publication of the Bitcoin whitepaper, the cryptocurrency markets recorded their weakest month for trading volume in all of 2018. Most of the leading markets saw a significant decline in trading activity throughout October, but NEO, TRX, QTUM and ZEC posted month-over-month volume increases. Also Read: Venezuela Begins Public Sale of National Cryptocurrency Petro BTC, USDT, ETH and EOS Hit Lowest Points of the Year In the last 30 days, approximately $109.5 billion worth of BTC has changed hands, resulting in an 11.9 percent decline in trading activity from $124.3 billion in September — the weakest monthly volume posted in 2018 thus far. The drop in BTC trading activity coincided with a similar plunge in USDT trading volume. Despite fears of a widespread USDT “untethering,” as well as the eradication of 30 percent of Tether’s circulating supply, the trading volume of USDT fell by just 12.6 percent, from $86.5 billion in September to $69.5 billion. October saw $41.2 billion in trade for ETH pairings, down 30 percent from the $53.8 billion recorded in the preceding month. EOS, meanwhile, returned to its position as the fourth most-traded cryptocurrency, with a 30-day trade volume of $13.94 billion — down 30 percent from $20 billion in September. XRP and LTC Hit Second-Strongest Levels Since May XRP has held its top-five volume ranking for the second consecutive month, despite seeing a 45 percent reduction in trading activity. October saw $13.6 billion in trade across XRP pairings, down from $24.7 billion in September. BCH was the sixth most-traded cryptocurrency in October, hitting $9.5 billion in trade volume over the past 30 days. BCH saw a 26 percent reduction in trading volume, down from $12.9 billion in the preceding month. LTC ranked as the seventh most-traded cryptocurrency for the third consecutive month. About $9.14 billion of LTC changed hands in October, down 4.8 percent from $9.6 billion in September. DASH posted a 30-day trade volume of 5.16 billion, settling at eighth place for the second consecutive month. Trading of the currency fell 20.6 percent from $6.5 billion in September. NEO Breaks Into Top 10 NEO saw a massive 76.25 percent increase in trade volume in October, to rank ninth for the month. Approximately $4.6 billion worth of the currency has changed hands in the past 30 days, up from $2.61 billion in September. ETC fell one position to rank 10th on the list of the most-traded cryptocurrencies in October. It hit a 30-day trading volume of $4.2 billion for the month, down 17.65 percent from $5.1 billion in September. TRON, QTUM, and ZEC Post Modest Volume Gains TRX hit $3.67 billion in trade volume this past month, up 4.25 percent over the preceding month’s 3.52 billion. TRX was the 11th most-traded cryptocurrency in October, moving up one rank from September. CKUSD posted a 16.5 percent drop in trading volume at $3.4 billion, down from $4.07 billion in September. CKUSD ranked 12th for the month, sliding two positions from the preceding four-week period. Despite recording a slight 2.5 percent increase in 30-day trade volume, QTUM fell two places to 13th on the list of the most-traded cryptocurrencies in October. About $3.73 billion worth of the currency traded hands for the month, up from $3.64 billion in September. Trading of ZEC fell 4.16 percent month over month to $3.5 billion. Despite rising slightly by volume from $3.36 billion in September, the currency slid one place to rank as the 14th most-traded cryptocurrency in October. BIX climbed two places to rank as the 15th most-traded cryptocurrency over the past 30 days. The currency posted a monthly trading volume of $1.42 billion, down nearly 30 percent from $2.02 billion in September. Stellar recorded a monthly volume of $1.33 billion, sliding one position to rank as the 16th most-traded cryptocurrency for October, following three consecutive weeks during which it ranked 15th. Trading of Stellar fell 42.17 percent by volume from $2.3 billion in September. New Entrants in Top 20 The declining trading volume across many leading markets saw several cryptocurrencies sneak into the top 20 rankings for the first time in recent months. ZB, for example, ranked 17th with a 30-day trade volume of $1.16 billion, following by XIN at $988 million. BTM ranked 19th for the second consecutive month, with $920.8 million traded, despite falling 31.3 percent by volume, from $1.34 billion in September. BNB, meanwhile, settled at 20th place in October, with $853.6 million worth of the currency changing hands over the last 30 days. Do you think that the 10th anniversary of the Bitcoin whitepaper will drive greater trading volume across the cryptocurrency markets? Share your thoughts in the comments section below! Images courtesy of Shutterstock At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in t

3 months ago

Standardized Specifications for Enterprise Version of Ethereum Announced

On October 29, 2018, the Enterprise Ethereum Alliance (EEA) announced in Prague at DevCon 4 two new software specifications that will help businesses standardize future code developments on an enterprise version of the Ethereum blockchain.The first specification, Client Specification V2, defines the implementation requirements for Enterprise Ethereum clients, including interfaces to the external-facing components of Enterprise Ethereum and how they are intended to be used. The standardization of performance, permissioning and privacy demands of enterprise deployments are viewed as a necessary step by the EEA in order to help the growing number of vendors developing Ethereum clients to ensure that different clients can communicate with each other and all reliably work on an enterprise Ethereum network. EEA Executive Director Ron Resnick stated that “using the EEA Specification, Ethereum developers can write code that enables interoperability, thus motivating enterprise customers to select EEA specification-based solutions over proprietary offerings”. It should be noted that, while Ethereum has been basis for the majority of enterprise blockchain projects, 2018 has also seen developments using Cardano, EOS, QTUM and TRON, among others. Aside from digital currency, enterprise or platform tokenization remains a hotbed for blockchain-based startups, with the vast majority of those needing an ecosystem where users can change the software they use to interact with a running blockchain, disambiguating the need for single-vendor support.The second specification, Off-Chain Trusted Compute Specification V0.5, specifies enabling APIs that support private transactions, allowing offloads for compute intensive processing and permitting attested oracles. The EEA believes these objectives can be achieved by executing some parts of a blockchain transaction off the main chain in an off-chain trusted compute. The EEA currently endorses three types of trusted compute for this specification including a trusted execution environment, zero knowledge proofs and trusted multi-party compute. Both specifications were lauded by Brian Behlendorf, executive director of Hyperledger, who lent his support to the announcements. The EEA and Hyperledger joined each other’s organizations as associate members on October 1, 2018. Behlendorf stated, “We are pleased to see the EEA reach and release its V2 and Off-Chain Trusted Compute V.05 specifications. Both organizations believe standards, specifications and certification all help with the adoption of enterprise blockchain technologies by helping customers commit to implementations with confidence ...” The new specifications are backed by the EEA’s 500+ global membership, notably including banks like Santander and J.P. Morgan Chase; blockchain startups like blk.io; and traditional tech companies like Accenture, Intel and Microsoft. This article originally appeared on Bitcoin Magazine.

3 months ago

Ethereum Flippening: Can ETC Take Over ETH?

Ethereum Classic (ETC) broke years of downtrend against Ethereum (ETH) during the recent correction. While both cryptocurrencies declined heavily from their all time highs. Ethereum (ETH) showed a lot more weakness compared to Ethereum Classic (ETC) which resulted in Ethereum Classic (ETC) gaining against Ethereum (ETH). In fact, Ethereum Classic (ETC) entered a clear uptrend against its rival, Ethereum (ETH) during the month of May. This uptrend has held so far but recently ETC/ETH has lost its bullish charm. The price of Ethereum Classic (ETC) broke the 10 Week EMA against Ethereum (ETH) and is now on the risk of further decline. However, it is important to note that ETC/ETH has already formed a double bottom. Any downside is going to be short lived unless critical market structures are broken. The first critical level that ETC/ETH needs to defend in order for the uptrend to hold is the 21 Week EMA. If ETC/ETH breaks this critical level, all Flippening bets are off and Ethereum Classic (ETC) investors might have to face serious disappointment. Wave trend analysis for ETC/ETH readily supports a break below the 21 Week EMA. If it was all down to charts, then betting on Ethereum Classic (ETC) taking over Ethereum (ETH) might appear to be a silly bet. Ethereum Classic (ETC) has had an impressive rally against Ethereum (ETH) and appears to have topped out now. If there were no other variables to take into account, then the reasonable thing to do would be to expect Ethereum (ETH) gaining against Ethereum Classic (ETC). Chart for ETH/USD (1W) However, as it happens, there are other more important reasons besides the charts that are not as simple. First of all, Ethereum (ETH) is switching over to PoS (Proof of Stake). This means that most Ethereum (ETH) miners will readily switch over to Ethereum Classic (ETC) after this transition. This is already a positive for Ethereum Classic (ETC) whether Ethereum (ETH)’s PoS (Proof of Stake) arrangement works out or not. If Ethereum (ETH)’s PoS arrangement does not work out, more investors will opt for Ethereum Classic (ETC) instead of Ethereum (ETH). In addition to that, Ethereum Classic (ETC) has a limited supply whereas Ethereum (ETH) does not have a known supply. Therefore, it is likely that institutional investors may choose Ethereum Classic (ETC) over Ethereum (ETH) especially if something goes wrong with Ethereum (ETH). When something is built on weak foundations, it can be expected to fall at any moment. In addition to Ethereum (ETH)’s own problems, it has also made a lot of enemies. Competitors like Tron, Eos and Qtum are not the only interest groups that would like to see Ethereum (ETH) fall. Most Bitcoin (BTC) maximalists who believe that majority of the altcoins are scams have been very anti Ethereum (ETH) recently. Most of these reasons have to do with Ethereum Classic (ETC) benefiting off Ethereum (ETH)’s misery, but there is a lot more to it than just that. Recently, Ethereum Classic (ETC) held a successful ETC Summit in which ETC Dev Members gave a very comprehensive presentation as to Ethereum Classic (ETC)’s roadmap towards IOT (Internet of Things). Chart for ETC/USD (1W) Ethereum (ETH) failed to give anything unique to the market apart from the enormous number of ICOs held on it. Ethereum Classic (ETC) on the other hand has been wise to avoid that path and has come up with its own USP (unique selling point), which is IOT (Internet of Things). Now, ETC Dev members didn’t just up and say, “Oh we don’t have a value proposition, let’s go after IOT”. In fact, the Ethereum Classic (ETC) blockchain is perfectly built for IOT. It has the two basic requirements of any IOT compatible blockchain and those are: decentralization and immutability. Ethereum (ETH) has neither of the two. Blockchain is a big deal, for now but it is not going to be a hot topic for long. Soon or later, people are going to realize that they don’t care if it is Ethereum Classic (ETC) or Ethereum (ETH). All they care about is application and real life use cases. When that happens, people are not going to care about the number of ICOs built on a blockchain. By the way, let’s address that. What does it mean to build an ICO on a blockchain? So, you just used Ethereum (ETH) to raise money and you call it an ICO ‘built’ on Ethereum (ETH)? That’s ridiculous. Ethereum Classic (ETC) being aware of this decided to focus on the things that matter long term. A few years from now when the gold rush is over, people are going to be more interested in what a blockchain actually does! That is when we will see Ethereum Classic (ETC) leading from the front while projects that were only focused on raising money will fade away as their founders go home with all the money they have made. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1538128067916-0'); }); The post Ethereum Flippening: Can ETC Take Over ETH? appeared first on Crypto Daily™.

3 months ago

Triangular Arbitrage Today: QKC, QTUM, DENT, NEO and More

In the world of cryptocurrency, different exchanges often maintain slightly different prices. That allows for some interesting arbitrage opportunities, even though it often requires the use of at least two exchanges and potentially multiple trading markets. The following options are very interesting, albeit also a bit time-consuming. #6 POLY to QKC When a triangular arbitrage opportunity presents itself, one has to be willing to look well beyond the more traditional markets. In this particular trade, there is a chance for a near 20% gain when buying POLY on Koinex and converting it to QKC on the Binance exchange. Said obtained funds can then be transferred to WazirX, a relatively small exchange, for a healthy profit, due to its high QKC price. #5 DENT to QKC DENT is the native currency of the project focusing on making mobile data globally tradeable. Its value on WazirX - in INR value - is very low, which would allow DENT to be sent to CoinDCX for a conversion to QKC. Once the QKC is obtained, it should be transferred back to WaxirX for a profit. This is a bit of a back-and-forth trade for those with access to Indian Rupees, but it can yield a decent profit. #4 QKC Cross-Platform Multi-currency It seems there are numerous opportunities to make money with QKC these days, depending on overall market liquidity. Buying QKC from CoinDXC with BTC and selling it on WazirX for INR can result in a 10% profit. This would also give users access to INR balance to explore the other arbitrage opportunities listed above, which can be well worth checking out for those willing to take a gamble. #3 KNC to NEO It doesn’t happen that often NEO is involved in triangular arbitrage opportunities, though today is a bit different. Buying KNC on Binance with Bitcoin and sending it to Kucoin for a NEO conversion will open a new arbitrage opportunity. Selling that NEO balance on EXMO can yield a profit of up to 9%, depending on overall liquidity. #2 NEXO to NEO The NEO arbitrage opportunity on EXMO can be explored through other trading pairs as well. For those willing to buy NEXO with Indian Rupees through BitBns, will allow them to convert this funds to NEO on CoinDCX before sending it on to EXMO. It is a slightly alternative route to explore, although that doesn’t make it less viable by default. #1 CMT to QTUM This particular arbitrage opportunity makes for an exciting trade. Users can buy CMT on OKEx with Bitcoin. If they move their CMT to CoinDCX and convert it to QTUM, a new arbitrage option will present itself rather quickly. All that is left is moving the QTUM to BitBns and selling it on whichever trading pairs offers the most advantageous pricing. Disclaimer: This is not trading or investment advice. NullTX does not endorse any of the exchanges or cryptocurrencies mentioned in the article. Always do your own research before dealing with any cryptocurrency exchange. The post Triangular Arbitrage Today: QKC, QTUM, DENT, NEO and More appeared first on NullTX.

3 months ago

WBTC - An Effort to Bring Bitcoin to Ethereum

Imagine a digital coin which will have the best features of the top two cryptocurrencies in the world today - Bitcoin and Ethereum. Kyber Network, Republic Protocol and Bitgo are doing precisely that with an announcement of a joint project which will be called Wrapped Bitcoin also known as is WBTC. WBTC will involve the strengths of the two significant cryptocurrencies. It will take a direct backing of the mind-blowing price of Bitcoin and will launch on Etheruem’s Blockchain platform which is known for its dApps and smart contracts. Initial liquidity will be pre minted by Kyber Protocol and Republic Protocol using existing Bitcoin so that users can use Atomic Swaps to exchange BTC to WBTC. BitGo will act as the primary custodian in charge of holding the BTC reserves. BitGo has an official status to operate as a regulated custody for institutional investors thanks to the South Dakota Division of Banking. Zerocrypted Opinion Through WBTC, Bitcoin and Ethereum will both benefit. Bitcoin will extend the use cases, by expanding into decentralized applications. Ethereum will be able to use Bitcoin seamlessly which will help many of the decentralized applications. WBTC is already seen to be an instantaneous hit with decentralized exchanges and financial projects such as MakerDAO, Dharma, Airswap, IDEX, Compound, DDEX, Hydro Protocol, Set Protocol, and Prycto all committing to supporting it. It is not the first time an effort has been taken to bring together Bitcoin and Ethreum. QTUM runs the Ethereum Virtual Machine on the Bitcoin network, and Rootstock is a project working on mirroring Ethereum’s smart contract featuring onto the Bitcoin network. So far both have not been as prosperous, and so it remains a doubt if WBTC will create the much-needed positivity in the cryptocurrency market. Ethereum, in general, has been facing a lot of slack behind its Blockchain for dApps given its scalability issues. Hence Bitcoin being implemented into the Ethereum Blockchain may not be the best of ideas. Image Source - Pexels The post WBTC - An Effort to Bring Bitcoin to Ethereum appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

3 months ago

Blockchain and Serverless: a Marriage Made in Cyberspace

CoinSpeaker Blockchain and Serverless: a Marriage Made in Cyberspace Two emerging software development methodologies are exploding right now and show no signs of slowing. The first is Blockchain. According to the latest Upwork Skills Index (Q2 2018), Blockchain topped the list of in-demand skills for the second quarter in a row with developers charging as much as $120 an hour. The second highest trending new technology on that list is an instance of a new programming architecture called Serverless computing or just Serverless for short. Serverless solution architects are suddenly making $130k - $150k a year. Serverless computing or FaaS as it’s sometimes called stands for “Function as a Service” and is a cloud computing paradigm that abstracts everything away down to a bare language-specific execution environment. With Serverless, the user doesn’t provision or orchestrate servers or have to worry about scaling at all. You just write a function and that function just kind of lives in the cloud abstractly. What’s so interesting about the Blockchain and Serverless computing approaches is they lend themselves to each other beautifully. Blockchain provides guaranteed execution and zero trust financial transactions and Serverless nicely fills the gap for all off-chain constrains. You see, it’s still not feasible or desirable to put large applications on the Blockchain because they are slow and expensive. DApps also need some mechanism to get information about the real world. This has to happen through an off-chain mechanism, typically referred to as an Oracle. These are real engineering tradeoffs that have to be taken into consideration when deciding on-chain and off-chain functionality. What makes the Blockchain and Serverless approaches so complementary though are their similarities. We’ll look at three of them. They both outsource infrastructure. You don’t have a specific physical or virtual machine that hosts or executes your code on a Blockchain or Serverless platform. That is abstracted away. No machine orchestration is required by you. You can exclusively focus on business logic without any concern for a technology “stack”. Another similarity is that they both work on a pay-per-execution cost structure. You don’t pay anything to have your code exist on a Blockchain or on a Serverless platform. You only pay to have your code executed and that relative to the expended resources required to run that execution. Both of these features should make these programming paradigms attractive to any organization. The last similarity these technologies have is that they both have various competing but comparable platform offerings. This is attractive because it, ideally, should mitigate against platform lock-in. On the DApp platform-side you have Ethereum, EOS, Cardano, NEO, QTUM, Stellar, and Hyperledger Fabric, to name a few and on the Serverless side you have AWS Lambda, Microsoft Azure, IBM OpenWhisk, Google Cloud Platform, Kubeless, Spotinist, Fn Project, and Cloudflare Workers as some major players. It should be noted that some new DApp platforms are including off-chain features directly into their development platform in order to address the challenges of scalability but It’s my opinion that that role shouldn’t be leveraged by the smart contract platform. The entire point of the Blockchain approach is enabling zero trust interactions. The best way to preserve that is to control your own off-chain features and use an on-chain product for those features that only a Blockchain architecture can provide. With Blockchain you are able to enter into trustless financial contracts with guaranteed execution and with Serverless you get high-speed high-availability complex compute time. It’s this complement that should be leveraged specifically and individually. This exemplifies the principle of maintaining a separation of concerns. The above mentioned properties are good reasons these two technologies are trending right now and have been for a while. They both complement each other and offer what the other lacks. It may turn out that Blockchain acts as the mechanism that enables untrusted Serverless microservices to interact with each other with trust and enforced predictability and Serverless acts to fill the gap in keeping smart contracts connected to events in the real world. However it plays out, one thing is for sure. It would behoove developers and organizations to explore both of these technologies in depth. Blockchain and Serverless: a Marriage Made in Cyberspace

3 months ago

Renewable Energy Startup Wants to Tackle Nigeria’s Electricity Crisis Using Blockchain Technology

A solar startup company is willing to create affordable solar energy for Nigerians with the use of virtual blockchain tokens. This move by the company will remove the over-dependence of generators in the country. Decentralized Technology Paving the Way for Solar Power A Lagos-based blockchain renewable energy startup, OneWattSolar, has plans to ensure Nigeria and Africa at large, have access to clean energy without paying so much. As reported by CNN the company aims to enable clients to get blockchain tokens with the naira through tech finance organizations. The idea of getting affordable power using decentralized tokens was from Victor Alagbe, vice president of operations and blockchain strategy for OneWattSolar. According to Alagbe, Nigeria’s dry and hot climate could be used to power electricity instead of depending on generators. The company executive further buttressing how the country’s sunny climate could be used for solar energy, said: So why don’t we use this to power our own electricity... many Nigerians cannot really afford to set up their own solar systems. They can’t afford the start-up cost so most people would rather go for generators which is not economical when you think of maintenance costs. Alagbe also said that distributed technology is transparent, as clients can monitor funds, purchase of systems, and usage. Customers can get decentralized tokens with the naira. The blockchain tokens are ERC20 compliant. Furthermore, Alagbe noted that the use of decentralized technology would cost half the price of diesel. Also, the startup plans to introduce solar panels and a compatible internet router that would compile energy used. Customers would be charged every month, through a pay-as-you-go method. With this payment method, users are charged for their exact energy usage. The electricity situation in Nigeria is poor, and the blockchain energy startup is looking to provide affordable electricity to as many as possible. Currently, about 6,400 households are on the company’s waiting list. Also, OneWattSolar plans to expand in the nearest future. In 2025, the startup hopes to access one million households without adequate power supply and provide solar energy through distributed technology. Blockchain Technology and Renewable Energy Renewable energy projects have also adopted blockchain technology. The immutable power of the decentralized technology and its ability to record events real time attracts solar energy startups. Qtum Foundation partnered with China-based clean energy producer, Energo. Furthermore, the blockchain company stated that Energo would make use of its distributed platform for its operations. In Thailand capital, Bangkok, a luxurious neighbourhood engaged the services of a renewable energy trading platform. The platform would enable the residents to trade electricity using blockchain. Spanish infrastructure and renewable energy company, Acciona, became the first energy company to use decentralized technology to certify the origin of renewable energy. Images courtesy of The Green Optimistic and Konbini.com. The post Renewable Energy Startup Wants to Tackle Nigeria’s Electricity Crisis Using Blockchain Technology appeared first on Ethereum World News.

3 months ago

Daily Arbitrage: XLM, EOS, TRX, XMR, LSK, QTUM

Arbitrage opportunities in the world of cryptocurrency have become a lot more apparent as of late. This is primarily because so many traders and speculators see this method as a different way of making money in a bearish market. The following six opportunities can yield surprising results during the day. #6 Lisk (Poloniex / YoBit) If there is one trend becoming rather apparent among altcoin arbitrage, it is how YoBit seems to maintain higher prices than most other cryptocurrency exchanges. In the case of Lisk, buying LSK at Poloniex or Livecoin and selling it on YoBit can result in some interesting profits, depending on overall liquidity for all platforms. #5 Qtum (Poloniex / KuCoin / Kraken) For the second time this week, a pretty interesting Qtum arbitrage trade has become apparent. It is not necessarily the biggest net profit, but still makes for an appealing option. Kraken has a lower Qtum price compared to KuCoin and Poloniex, which makes it relatively easy to flip coins between different exchanges. Small gains during the day can add up to a healthy bonus after a few hours. #4 TRON (HitBTC / OKEx / YoBit) Interestingly enough, there are a ton of different TRX arbitrage opportunities right now, as long as one is willing to sell TRX on YoBIt. HitBTC, OKEx, Bitfinex, Binance, and KuCoin all have a lower TRX value on their order books compared to YoBit, with spreads as high as 3% right now. A golden opportunity for those who jump on it first, although it might not remain in place for very long. #3 EOS (YoBit / Binance / Bitfinex) YoBit seems to maintain some very unusual prices for the top cryptocurrencies, as its EOS price is higher than the one on Bitfinex, Binance, KuCoin, and HitbTC. A small gap for arbitrage trading, although an opportunity which should not be overlooked whatsoever. With all of these gaps, one has to wonder what is going on with YoBit exactly, as this trend has been apparent for several weeks now. #2 XMR (Kraken / HitBTC / Poloniex) For the second time this week, Monero holders and speculators have an XMR arbitrage opportunity at their fingertips. The XMR value on Kraken is well below that on HitBTC and Poloniex. As such, buying on one platform and selling on either of the two others could certainly result in a healthy profit. All three exchanges have no real liquidity concerns either, which makes for an appealing opportunity. #1 XLM (Kraken / HitBTC / CEX) It has been a while since Stellar‘s native asset allowed for an arbitrage trading opportunity. Although the spreads are relatively thin right now, buying XLM on Kraken and selling it on either CEX or HitBTC can yield some profits. It also appears Bitexen, a relatively small exchange, has a slight discrepancy for XLM, albeit that gap is closing rapidly already. The post Daily Arbitrage: XLM, EOS, TRX, XMR, LSK, QTUM appeared first on NullTX.

3 months ago

Arbitrage Today: BTC, Qtum, XMR, ZEC, EOS, TRX

Arbitrage opportunities allow cryptocurrency traders to make some decent money regardless of their asset’s current value. In the case of the altcoins, there are plenty of options waiting to be explored. The following currencies and exchanges are worth keeping an eye on throughout the day, albeit timing will be crucial to making the most of these options. #6 Bitcoin (Koinim / Paribu) Truth be told, very few people will be aware Paribu and Koinim are two active cryptocurrency exchanges. That is not entirely uncommon, primarily because these platforms might not generate too much liquidity. For some unknown reason, both platforms have Bitcoin valued at a very low price, which allows it to be sold on major exchanges - such as Bittrex, Binance, and Bitfinex - for a small profit. #5 Qtum (Kraken / KuCoin / Poloniex) Even though Qtum has noted some very strong momentum over the past week, not all exchanges are trading it at the same value right now. Its value on Kraken is slightly lower than both Poloniex and KuCoin, which allows for a relatively easy arbitrage trade. No big profits should be expected, but this discrepancy might become bigger as the day progresses. #4 TRON (OKEx / Bitfinex / YoBit) It doesn’t happen all that often top 15 cryptocurrencies allow for arbitrage trading between different exchanges. In the case of TRON, or TRX, buying it on OKEx, Bitfinex, or Binance will yield a profit if the coins are sold on YoBit. It is uncanny how often YoBit is involved in arbitrage opportunities these days despite its overall low liquidity. #3 EOS (Poloniex / Binance / YoBit) Once again, users of the YoBit exchange can reap the benefits from buying EOS cheaper at Poloniex, Bitfinex, or Binance in the coming hours. Albeit it remains to be seen if this trend will remain in place for very long, it can be a worthwhile option to explore at this crucial time. #2 Monero (Kraken / HitBTC / Poloniex) On the surface, one wouldn’t necessarily expect Monero to be subject to a lot of arbitrage opportunities in this day and age. Today is shaping up to be an interesting day in this regard, as the price on Kraken is significantly lower compared to both HitBTC and Poloniex. Exploring these options can yield a small profit, depending on how much liquidity can be moved between these different trading platforms. #1 ZCash (HitBTC / Poloniex / YoBit) For those who cannot get enough of YoBit, there is one more arbitrage opportunity worth keeping an eye on throughout the day. It would appear ZCash is trading lower on YoBit compare dot most other exchanges. Buying ZEC on hitBTC, Poloniex, or Bittrex should result in some nice profits. Opportunities are plentiful in this industry today, and the the day has only just begun. The post Arbitrage Today: BTC, Qtum, XMR, ZEC, EOS, TRX appeared first on NullTX.

3 months ago

Cryptocurrency Market Update: Decred Surging on Binance Listing

FOMO Moments Markets still sideways; Binance boosts Decred, Tezos also climbing, Qtum pulling back. More monotony today on crypto markets as there has still been no major movements. Another drop from weekend levels has seen market capitalization fall back below $210 billion as the bears keep things on the floor. Bitcoin has made a tiny decline to take it below $6,500, but only just. BTC is trading at $6,480 right now and a bearish channel seems to be forming so further drops could be on the cards. Ethereum has already fallen back and is a percent down on the day taking it below $205. The rest of the altcoins are mixed today with more red than green on the charts. XRP and Bitcoin Cash are both down over a percent while Stellar and Monero are both up by a similar amount. The rest are static for another day. In the top twenty only Tezos is showing a decent gain, making 6% on the day to trade at $1.42. There are a couple more in the green including Ethereum Classic which has made over 3% today. Dropping back is Zcash and VeChain both losing over 2% on the day. Today’s big pump comes from Decred which has bolted over 20% a couple of hours ago to reach $47. DCR has since retracted a little but is today’s top performer in the top one hundred. A Binance listing has caused the predictable pump for Decred; #Binance Will List #Decred ( $DCR) on 2018/10/24https://t.co/b4EPrXG9cQ pic.twitter.com/SJEtkfeH3D — Binance (@binance) October 23, 2018 DCR trade volume has skyrocketed tenfold from around $600k to over $6 million. South Korea’s Upbit is taking the majority with Bittrex and Huobi not far behind. Also performing well today is Chainlink which is pumping a similar amount. Crypto.com and Polymath are also in double figures at the moment with gains of 14-16 percent. Altcoins losing the most in the top one hundred right now are Qtum and Electroneum both shedding over 6%. Total crypto market capitalization has hardly moved in 24 hours and is still at $209 billion. A spike added a couple of billion a few hours ago but that has already been eaten up by the bears. Markets are pretty much at the same level they were this time last week and the tedium continues. 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: Decred Surging on Binance Listing appeared first on NewsBTC.

3 months ago

The Week: Stablecoin Wars, CME Bitcoin Volumes Up 41%, BitGo Raises $53m and Fidelity

The cryptocurrency markets calmed down after a turbulent week, Bitcoin is down 1% and Ethereum is down by 1.6%. The best performers were Basic Attention Token (55%), Qtum (24%) and recent Coinbase addition 0x (23%). Cryptoassets did not react to the very bullish news around Fidelity and BitGo, CME bitcoin futures volume increased 41% from Q2-Q3 and stablecoin competition remains fierce.

3 months ago


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