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Bitcoin Cash Falls Below Ethereum’s Price

There was a time when one Bitcoin Cash (BCH) was worth 5x or even ten times more than one eth due to bch’s far lower supply, but bitcoin cash has... The post Bitcoin Cash Falls Below Ethereum’s Price appeared first on Trustnodes.

2 hours ago

Berminal - The Blockchain Terminal

As the name suggests, Berminal is a mix of Blockchain and a Terminal, which ideally suits the platform. It is a Blockchain and Cryptocurrency platform which is organised into a terminal which provides sufficient information for Crypto enthusiasts. It challenges the very notion of Twitter’s countless promotional content, with trolls even bringing down coins which have high value to the world. A Crypto enthusiast or an active Crypto trader needs accurate news and not falsified news that is portrayed through the various social media platforms. Thus Berminal has created a justified system where real and original news that is efficient is shared. Berminal is available through a web browser, and even a mobile application whether it be Android or iOs. Berminal’s Efficient News Aggregator It is designed perfectly with brief information that is easy on the eyes. It is the ideal application to open when waking up to know what the latest and most important news is, to browsing on it while you are having lunch. It can also be browsed on your mobile when travelling through its mobile application. Best of all the articles are redirected to the original source. Berminal allows the community to decide whether it is important news or not, by a voting system embedded. You too have the privilege to vote on whether or not the article is newsworthy or just a bunch of information which won’t make a difference. For the Hardcore Crypto Enthusiasts It’s has a mesmerizing portal of airdrops which makes it very convenient for bounty hunters, who if not for Berminal would be browsing every nook and corner of Telegram’s channels and groups. If you love telegram no problem, you can hop on to the Berminal telegram community and chat away with like-minded Crypto lovers! Crypto Charts At Your Finger Tips Once you’re on Berminal, you will notice a Crypto ticker on the top flowing continuosly displaying the percentage changes. Thus it allows you to pick up interesting Cryptocurrencies which are on the move upwards shown in green while browsing through the important Blockchain and Crypto news. Clicking any of the Cryptocurrency signs will lead you to the trading chart on the right side signifying essential details such as the price, and analysis. You can view charts with various indicators and historical statistics, which is pretty much a simplified version of TradingView. Click ‘Reseach’ for an interesting insight thanks to the affiliation with Coincheckup. Don’t forget to utilise the alerts by switching the price alerts button on. Given the volatility of Cryptocurrencies it is vital you get to buy the Cryptocurrency you want to hold when things are looking positive while selling if the coin is facing drastic price falls. That’s not all; you can connect your Meta Mask or Ledger to buy six tokens through Berminal’s trade option. These tokens include ZRX, IOST, MCO, GTO, XMX, and HOT. It’s an application a Cryptocurrency trader can only dream about! Reward Yourself with BERM BERM is the native token of Berminal! That’s right; you can earn 1 BERM for tasks such as voting ten times each day and even win a lump sump of BERM through the daily pool by predicting the BTC price for that day. There’s also a quiz under the very short and helpful ‘Daily Berminal Brief’ which rewards you BERM tokens if you answer it right. The BERM coin is fixed at $0.05. Extra Features That’s not all, a beginner, intermediate or Crypto advanced enthusiast can dig in deeper into several Cryptocurrencies by clicking on the ‘About’ button. It includes details such as circulation, total supply, active investors and a summary of the coin in a nutshell. It also contains links to the websites, whitepapers and various social media channels. If you are not very fluent with English, it does not matter. There are currently 11 available languages available on it, which include Indonesian and even Spanish. Overall Berminal utilities Crypto economics to use incentivised BERM tokens for relevant information to be circulated among its community. Berminal is all about its community similar to how Blockchain and Cryptocurrency have developed through the years -through the community! The decentralised cryptocurrency and impartial Blockchain and Crypto information platform called Berminal has grown to become a fan favourite. Image Source - ICO Ranker The post Berminal - The Blockchain Terminal appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

4 hours ago

Kaspersky Study Shows 700% Increase in Bitcoin Adoption; 13% Online Buyers use Cryptocurrencies

Cryptocurrencies like Bitcoin are experiencing a bearish experience, but that hasn’t dampened the experience of this phenomenon. Russian cybersecurity titan Kaspersky and Coinmap have conducted a study that proves critics wrong. The research shows that Bitcoin adoption has grown 700 percent in the last five years while one in every ten online buyers has paidRead MoreRead More. The post by Tom Nyarunda appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

9 hours ago

Still Bearish: There Is Still Time For The Bitcoin Bear Market According to Recent Bitcoin Valuations

TL; DR Bitcoins Valuation Charts reveal that we may still be a few months away from hitting the bottom of the market cycle The charts show Bitcoins valuation metrics over the cryptocurrencies entire 10-year history, displaying the progression of each parameter about the market valuation of Bitcoin. If one understands technical analysis and how to read between the lines, market charts can provide a whole range of exciting narratives about where prices have been and where they might be going next. As the crypto markets begin to slowly mature, we are increasingly gaining access to more historical data that technicians can analyze to decipher patterns and predict the future. One such example is a recent series of findings by crypto market analyst Willy Woo. Woo shared a variety of charts showing Bitcoin valuation metrics over the cryptocurrencies for its entire ten-year history (from 2009 to 2019). Each chart displays the progression of a metric about the market valuation of Bitcoin over the past ten years. We’ve shared some of the most notable charts below: The first metric is Realized Cap (RV), which approximates the aggregate value paid for coins in circulation. RV is the orange line, while the blue line is the market valuation of Bitcoin. What this chart reveals is that during each bull cycle, we can see a fast climb from the orange line, which signals new investors jumping into the market and buying at the latest prices. The latest trend shows a flat line for RV, which has historically been a precursor to a surge in prices. The second metric is Thermo Cap (the cumulative security spends by the network). This tracks the maximum amount of capital that has entered the market over time. The chart shows that we have not yet exceeded $10billion entering the Bitcoin market. This gives us a strong indicator of how early it could be for the crypto markets. Delta Cap shows we may not yet be out of the bear market The third (and possibly most interesting) metric is what comes out when combining the moving average of the Bitcoin’s market cap across the entire time range, and subtract it from its realized market cap. The result is called the ‘Delta Cap,’ which is a metric that also used to identify all of the historical market cycles’ bottoms for Bitcoin: When we add an oscillator setting, we get to see how the Delta cap shows what stage we are in the market cycle: Delta Cap is the purple dotted line in between the yellow (Realized cap) solid line and the red dotted line (Average Cap). Every time the Delta cap touches the Realized cap, Bitcoin’s valuation hits the top of the market cycle, and every time the Delta cap touches the Average cap, Bitcoin’s valuation hits the bottom of the market cycle. Based on what we see in the late 2018/2019, we may still have a while to go before we hit the bottom of the current market cycle and start making our ascent upward. Conclusion Overall, charts like these are great examples of how traders can try to create predictions of future price action based on access to a broader history of the market data, pattern recognition and a solid understanding of technical analysis. The post Still Bearish: There Is Still Time For The Bitcoin Bear Market According to Recent Bitcoin Valuations appeared first on CryptoPotato.

10 hours ago

Crypto Market Wrap: Consolidation Continues, Is a Breakout Imminent?

Market Wrap Crypto consolidation continues; Litecoin still inching up, NEO making progress, everything else is flat. Crypto markets are looking a little erratic as we enter the weekend but in the grand scheme of things nothing has changed over the past seven days. Total market cap has crept up marginally but most tokens are still consolidating within their slim boundaries. Bitcoin has bounced of intraday resistance levels of $3,640 twice but is still holding above major support at $3,600. Lower highs have been made all week indicating that BTC is likely to turn bearish soon, especially if it falls below the key $3,600 level. Ethereum is stable at $123 still, it has not moved a bit over the past 24 hours and remains where it has been since mid-week. XRP is slowly weakening and the gap between the two has now widened to $450 million. There has been so little action for the majority of the top ten that they are showing tenths of a percent change over the past day. Litecoin is the biggest mover with 2% as it pulls away from EOS and increases the market cap gap between them. Very little else is going on in this section. NEO is today’s top coin in the big twenty as it adds 3% on the day. Tezos is creeping back towards a top twenty place adding 2% but it is still a way off Zcash. Maker and NEM are dumping 4-5 percent following a couple of days of reasonable gains. There are only two altcoins in double digits at the time of writing. Ontology and Aelf have added 16% a piece during the Asian trading session. The Parity Games partnership appears to be driving momentum for ONT. There are no big dumps going on at the messy end of the top one hundred but the day’s worst performers are Aurora and Revain. Total market capitalization has not moved over the past 24 hours and remains a fraction higher at just over $121 billion. Markets are still range bound in a very tight channel where they have been all week. There are no signs of momentum in either direction and the tedium continues in crypto land. Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals The post Crypto Market Wrap: Consolidation Continues, Is a Breakout Imminent? appeared first on NewsBTC.

13 hours ago

Analyst Research: A Comparative Study Between PrimeXBT and BitMEX

The current crypto winter of 2018-2019 has brought with it a number of dramatic changes to the cryptocurrency market. Some altcoins have fallen over 90% from their all-time high. Crypto firms have been forced to lay off employees and restructure. And gone are the days when investors would simply HODL their assets and reap enormous gains. With profits far more difficult to come by using traditional strategies, many traders have turned to BitMEX due to the platform offering advanced trading features such as 100x leverage and the ability to short-sell assets and profit off of falling crypto prices. Over time, BitMEX has earned itself a leadership position as a result and boasts some of the highest trading volume in the entire crypto space. However, a newcomer backed by decades of brokerage experience has entered the market, offering not only the same features that helped BitMEX ascend to the top, but a wealth of other benefits that BitMEX cannot claim to offer. A comparative study was conducted in order to find out if PrimeXBT will take the throne from BitMEX and capture crypto market share by attracting traders seeking more out of their trading experience. PrimeXBT Versus BitMEX: Important Features Compared The research starts with a focus on the features the two exchanges offer that are similar, and are part of what helped make BitMEX a success during the current crypto bear market. Short-Selling Both BitMEX and PrimeXBT offer traders the ability to short-sell assets, allowing traders to profit during downtrends. The feature is what helped put BitMEX on the map and is already part of what attracted over 150,000 users to sign up to PrimeXBT before the platform’s launch, with more rapidly joining each week. Low Fees While the two platforms appear very similar at first glance, this is where the differences between the two become more apparent. Compared to Bitfinex’s 0.1% to 0.2% fees on trades, BitMEX offers low 0.075% fees on Bitcoin trading, but charges a staggering 0.25% on other trading pairs. PrimeXBT easily trumps them both with a standard 0.05% fee across all trading pairs. To incentivize new users joining the platform, PrimeXBT offers a discounted fee of 0.025% during a trader’s first month using the platform. Users must register for a free PrimeXBT account before March 10, 2019 to take advantage of the 50% off promotion. 100x Leverage Trading with leverage is an extremely attractive option that allows a trader to risk less capital but multiply potential gains by 100 times. Both PrimeXBT and BitMEX offer industry-best 100x leverage, however, BitMEX only offers this level of high leverage on Bitcoin-based trading pairs. PrimeXBT, on the other hand, offers 1:100 leverage across all available assets including Bitcoin, Ethereum, EOS, Ripple and Litecoin. PrimeXBT Versus BitMEX: Which Platform Offers The Most to Traders? The study also focused on any features unique to each platform. Research shows that PrimeXBT boasts a number of features that BitMEX simply does not. The one “feature” BitMEX users routinely report that isn’t found on PrimeXBT are “order submission errors.” Technical Analysis Tools PrimeXBT has all the required tools to perform advanced technical analysis across crypto assets. The robust toolset includes a number of important indicators that can help traders gain an edge in the market and become more profitable. Aggregated Liquidity Only PrimeXBT offers aggregated liquidity from 12 industry-leading suppliers. BitMEX doesn’t even come close. Multiple Funding Methods, No Minimum Deposit BitMEX only allows traders to fund their accounts using Bitcoin and all contracts are settled in Bitcoin. PrimeXBT, however, lets traders deposit USD, EUR, and other cryptocurrencies in addition to Bitcoin. On Prime XBT, there is no minimum deposit. BitMEX requires a 0.001 BTC minimum. Customizable Experience PrimeXBT invites traders to make the platform their own by customizing it with a variety of widgets. In addition, PrimeXBT supports multiple-screens for the most advanced traders who demand the best experience the crypto industry has to offer. Unmatched Affiliate Program PrimeXBT is hands down an industry leader with its affiliate program, which has helped the platform “go viral” and generate significant buzz surrounding the platform’s launch. PrimeXBT’s 4-level referral program offers ten times the payouts of any other platform in the industry, including BitMEX. The program also offers lifetime payouts and referrers will even earn revenue on 2nd, 3rd, and 4th tier referrals. PrimeXBT Versus BitMEX: Conclusion With features like 100x leverage and the ability to short-sell assets during a bear market, it’s no surprise that BitMEX has enjoyed a comfortable position as an industry leader. But with the emergence of PrimeXBT, many of BitMEX’s key features are being overshadowed by the newcomer. Once the market full of traders at large catch wind of PrimeXBT’s features and its potential to drive profitable

21 hours ago

Why Stellar (XLM) Has More Room For Growth Than Most Large Cap Coins

Stellar (XLM) has reached the far end of the falling wedge it has been trading in. This is a rare sight to see in cryptocurrencies but when the market is down and sentiment against a particular coin is this negative, anything is possible. All hope of a recovery around November, 2018 was lost when the price plunged below the 50 Day MA. As long as XLM/USD remains below the 50 Day MA, there is no hope for any bullish setup. That being said, as the overall market recovers, we will see that the gap between the 50 Day MA and 200 Day MA on Stellar (XLM) is a lot wider than the ones seen on most other large cap coins. This means that Stellar (XLM) has more room to run compared to other top ten cryptocurrencies. As the bear market draws to an end, smart money is busy accumulating top performing coins. Stellar (XLM) is one of them and as we have seen in the past, it performs much like Ripple (XRP) in terms of growth. The difference is that it is a more ‘decentralized’ cryptocurrency than Ripple (XRP) which means it is not interested in protecting the banking status quo and wants to revolutionize it. Ripple (XRP) on the other hand wants to help the banks put up a fight to maintain their status quo. This makes XLM/USD and XRP/USD good hedges against one another for investors that are in it for the long haul. Besides, the simple game where people just put money in any crypto of their choice and the market starts surging higher along with their favorite crypto cannot last for long. There was a time during the dot com boom when people could have bought anything and made a lot of money. However, there came a time when that approach no longer worked. Anything with a dot com in front of it did not necessarily have to succeed and people realized that. Those that did not, had to pay for the lesson in due time. In the cryptocurrency market, we have seen that a lot of new coins made a lot of gains during the previous bull runs. However, when things got tough and we entered a bear market, a lot of those projects went belly up. Some declared bankruptcies, others lost too much funds and couldn’t operate anymore so they quit. The daily chart for XLM/BTC shows that Stellar (XLM) is also trading in a falling wedge against Bitcoin (BTC) and is expected to correct to the upside any time now. The RSI is in oversold territory and the MACD crossover indicates a near term shift from bearish to bullish momentum. It is thus obvious that Stellar (XLM) has a lot of room to run against other large coins short term. However, considering that Stellar (XLM) wants to empower the end user to be in charge of their finances without having to rely on a middleman, there is a high probability that Stellar (XLM) might eventually beat Ripple (XRP) at this game and come out on top. Yahoo was a lot bigger than Google and had a larger customer base but we all know how that turned out in the end.

a day ago

Blockchain Startup Hopes To Streamline Patent System

Innovators filed 3.17 million patents in 2017, representing the eighth consecutive year of growth. In the same year, nearly 14 million patents were in force, according to the World Intellectual Property Organisation (WIPO). However, knowing where to locate these patents is easier said that done. To rectify the issue, IPwe is building the world’s first blockchain-based patent platform. Located in Paris, IPwe is a service for the patent ecosystem to come together to transact, interact, and communicate. It’s also one of ten blockchain companies in IBM’s Blockchain Accelerator program. Bringing AI To The Patent System Most of the team were already working together when the company was founded in 2017, explains IPwe analyst Franklin Bruscianelli. Prior to founding IPwe, CEO Erich Spangenberg had previously launched nXn Partners, which focused on predictive analysis. After investing over $20 million and developing AI for more than ten years, nXn had created better artificial intelligence solutions, which were used to make hundreds of dollars in the patent space. Later, in 2015, the founders started looking into blockchain implications to see how DLT could improve the system. “Back in the early days of developing these analytic tools, we would often talk about how inefficient the patent market was and we were amazed it operated in the way it did,” Bruscianelli explains. “When we started working on IPwe in early 2017 we realized that the market conditions and technology finally existed to enable the global patent market.” IPwe is a multisided platform where the patent ecosystem can obtain information and interact. At the heart are the AI tools, Zuse Analytics, which give users access to more than 59 million patent records and two million technical publications. “Zuse implements a suite of cutting-edge machine learning and AI techniques to revolutionise patent analytics,” Bruscianelli said in an interview with Crypto Briefing. “Zuse Analytics helps you make better business decisions with intellectual property data at your fingertips.” Lowering the cost of Patent ownership IPwe’s Global Patent Registry is a secure, open blockchain registry of the world’s verified patents. With 200 independent and regional patent offices worldwide, the registry solves the problems of a segmented database. “Whether you are simply curious or an expert, you can come to the IPwe platform and use our AI tools for free to answer whatever questions you may have,” Bruscianelli says. “If you want to transact - buy, sell, license, pay an annuity fee, obtain funding, buy insurance or hire a lawyer or expert - you come to the IPwe platform and all of those transactions occur in one place.” Transactions are enabled by smart contracts on the IPwe, built on IBM’s Hyperledger. The registry also includes a large number of universities, corporations, and research organizations who have verified their portfolios. Bruscianelli elaborated: IPwe benefits by accessing information from the patent offices that chose to make this information available. The big difference is we take this information and clean it, analyse it, repackage it, and make it available without fees. IPwe is a transaction business focused on lowering the cost of patent ownership. The end goal is to increase the rate of innovation, and boost the return on investment (ROI) for government, private and non-profit stakeholders by lowering the barriers for patent transactions. “IPwe is using blockchain technology to bring transparency to the patent industry and reduce transactional friction,” Bruscianelli says. “IPwe’s blockchain and AI innovations also produce transactional benefits. Today, doing simple things such as paying an annuity or licensing a patent involves a number of intermediaries and manual cross-border communications.” However, with the use of smart contracts, IPwe can reduce complexity and costs, by ensuring the integrity and automation of distributed tasks. Another Card on IBM’s Table With the World Trade Organization (WTO), predicting that blockchain’s economic value could be worth more than $3 trillion by 2030, it’s no wonder that companies like IBM are keen to embrace the technology. “We’re helping some of the best startups in the world rapidly scale their blockchain networks, giving enterprises real, vetted options to use blockchain in a variety of industries and use cases,” said Jules Miller, a partner at the IBM Blockchain Accelerator. “We’re hoping to help more companies take blockchain for enterprise out of the experimentation phase and into the adoption phase.” The author is invested in digital assets. Join the conversation on Telegram and Twitter! The post Blockchain Startup Hopes To Streamline Patent System appeared first on Crypto Briefing.

a day ago

Even During Nuclear Winter, the Largest Crypto Asset Manager Controls Nearly $1 Billion

Cryptocurrencies have continued to stumble, but one organization has been making promising strides in the back offices of the Bitcoin space. Grayscale Investments, a wholly-owned subsidiary of the crypto conglomerate that is the New York-based Digital Currency Group, revealed that its products secured millions in investment amid the so-called “crypto winter.” Crypto Winter Has Been No Match For Grayscale’s Bitcoin Fund Grayscale, headed by Michael Sonnenshein, recently released its “2018 Digital Asset Investment Report” to outline company performance over the course of yesteryear. And surprisingly, the statistics were arguably not foreboding, but optimistic. BREAKING: We are excited to share our 2018 Digital Asset Investment Report! 2018 Highlights include:• Total Capital Raised into Grayscale Products: $359.5M • Majority of investment (66%) came from institutional investors Read the FULL report — Grayscale (@GrayscaleInvest) February 14, 2019 The company first accentuated that as it stands, it has $825 million worth of assets under management, 43.5% ($359.5 million) of which entered Grayscale’s care in 2018. While this figure was impressive in and of itself, it was later explained that 66% of inflows came from institutional investors, who Grayscale claims are “building core strategic positions in digital assets.” Doing some napkin math, that means that $237 million of investments in Grayscale’s products, which include in-house Bitcoin, Ethereum, and Stellar Lumens funds, came from institutional players. While $237 million may not seem like a monumental sum, critics of Grayscale’s 2018 figures would be remiss to neglect fiat amplifiers. Alex Kruger, a leading cryptocurrency economist and researcher, recently did some analysis on how nominal fiat inflows affect the aggregate value of all cryptocurrencies. According to JPM, only 2 billion dollars entered Bitcoin in 2017 => $2 billion propelled bitcoin's market cap from $15 billion in Jan/1/2017 to $250 billion by year end. — Alex Krüger (@Crypto_Macro) January 3, 2019 Citing a 2018 report from JP Morgan regarding cryptocurrencies, the New York-based trader explained that that Wall Street institution is calculating a fiat amplifier of 117.5 ($1 million in fiat investment turns into $117.5 million in cryptocurrency value). But, this isn’t the whole story. Citi purportedly estimated an amplifier of 50, while Chris Burniske of Placeholder Ventures calculated the figure out to somewhere between two and 25. Thus, considering a low-end estimate of a ten times fiat multiplier, Grayscale’s institutional clients could have infused $23.7 billion worth of registered market capitalization into this space over 2018. Regardless, what was made clear is that institutions still are interested in allocating capital to the cryptosphere, as the heads of such groups look to accumulate when the price of Bitcoin remains in a lull. 2019: The Year Of Institutional Investors These statistics haven’t gone unnoticed. Barry Silbert, the founder of Digital Currency Group, Grayscale’s parent organization, recently took to CNBC to express that the advent of institutional investors will continue to be an industry trend in the coming months. As reported by NewsBTC previously, Silbert commented that products like Bakkt’s futures only accentuate that bigwig firms are poised to make investments in Bitcoin. Galaxy Digital Holdings founder Mike Novogratz also recently made a similar comment. In an interview with Bloomberg TV, the former Goldman Sachs partner noted that it is only a matter of time before institutional-sourced greenbacks appear on crypto’s marketplaces. Echoing comments he has made over recent months, the Galaxy Digital chief executive noted that the “architecture” that would entice institutions to make noticeable capital and effort allocations are starting to be put in place. Case in point, Fidelity Investments, a world-renowned financial institution with over ten thousand clients in its institutional Rolodex, recently revealed that it could launch its crypto custody offering by March. Novogratz explained that this service, along with products of a similar caliber, will pave the way for “smart money” to make a foray. Related Reading: Novogratz: Institutions Will Drive The Next Crypto and Bitcoin Boom While industry insiders are talking up a big game, some fear that there actually aren’t that many bigwigs waiting on the crypto sidelines. Case in point, over recent months, both Coinbase and Blockchain, which both have institutional investor-centric divisions that are some of this sector’s most prominent, dropped notable hires from Wall Street. Representatives from the firms claimed that there has been a noticeable shift in the underlying status of cryptocurrency investment. More specifically, it was explained that “crypto-native firms,” like hedge funds, projects, and venture groups, were the instituti

a day ago

Securitizing the Future of Finance

Previously, we have covered Columbia University-IBM Accelerator and had spotlighted one of the ten accelerated companies Connecting Food. Today, we highlight another company that was amongst the selected few: Securitize - “The Compliance Platform For Digitizing Securities on the Blockchain”. To learn more about the company and its vision, we interviewed Carlos Domingo, its CEO and co-founder. Mr. Domingo is a Barcelona native who holds a Ph.D. in computer science from Universitat Politècnica de Catalunya and an Executive MBA from the Stanford Business School, and he is a co-founder in Spice VC, the very first fully tokenized VC fund. Carlos Domingo. Company Background “Securitize is born out of Spice VC, when we first started fundraising for Spice in 2017, the term “security token” hadn’t yet existed and there were no security token issuance platforms”, notices Mr. Domingo. Spice VC token ended up being the first security token issued through Securitize. Additionally, tokens for Blockchain Capital, and several others have been issued through the platform. Being a technology platform, Securitize doesn’t require any licensing. However, there is quite a bit of compliance work involved. For each new client, a lot of time is spent with the legal team to make sure that all the procedures and workflows meet the client’s compliance requirements, which will vary by asset class and jurisdiction. Meanwhile, the company is in the process of obtaining a broker-dealer license that will allow it to charge clients a percent-based commission for the fundraising instead of a fixed fee. For now, Securitize is focused on the tokenization of three asset classes: funds, mid and large-cap stocks, and real-estate. In March, a new major asset class will be introduced - debt, starting off with commercial paper and syndicated loans. In terms of real estate, we are actively looking into the Southeast Asian market, Thailand in particular. We hope to be the first company to be involved in the tokenization of real estate over there. Technology According to Mr. Domingo, the major advantages of tokenizing real and financial assets are compliance, automated payouts (such as dividends), fractional ownership, liquidity, and traceability. Amongst the downsides are lack of understanding (on the part of the finance professionals), lack of sophistication (“we don’t yet know how to tokenize more complex derivatives”), and the dearth of custodians for digital assets. The first tokens that were issued on Securitize platform were being minted on Ethereum. However, due to scalability issues, the company started looking into other blockchain platforms. “We are blockchain agnostic”, says Mr. Domingo. “We are exploring other major blockchains; in the long-run, we don’t know which one will survive. We have been approached by smaller blockchain platforms, however, it doesn’t make sense for us. We don’t believe they’ll survive”. Recently, the news came out about Securitize tokenizing Elevated Returns’ real-estate assets on Tezos. Tezos is great. We approached them and they were very helpful. Actually, they had to develop a token framework specifically for us. Since the company has joined the Accelerator and IBM is a big supporter of Hyperledger, we had to ask whether Securitize is looking into using Hyperledger Fabric as one of the platforms? - “We do, some clients prefer a private blockchain. The debt issuance will be done on Hyperledger”. What are your expectations from the Accelerator? “Now, we are at IBM Think in San Francisco. The quality of people and content from IBM is very high. We have also had some interactions with Columbia faculty, which is great. And we may end up hiring a Columbia Business School student assigned to us”. The post Securitizing the Future of Finance appeared first on Crypto Insider.

a day ago

Bombshell Report Details Creepy Ways Facebook Stalks Users & Ex-Employees

In a chilling report published by CNBC, over ten former employees of the social media giant have come out to reveal that Facebook uses its app to find and deal with every perceived threat. Facebook tracks users and ex-employees who represents a threat to its staff or offices through a list it calls “BOLO,” short for “Be On the Lookout.” Replying ‘F*ck you, Mark’ on Zuckerberg’s Update is...

a day ago

Stellar Price Prediction: XLM Broke Out From the Short-term Resistance Line, Will It Move Past $0.1?

Long-Term Outlook Stellar (XLM) Weekly Logarithmic Chart - Source: A look at the logarithmic chart for XLM shows that price is trading at $0.08, at the edge of the long-term support area formed by the highs of April 2017 and slightly below the 200-period MA. Furthermore, multiple bearish crosses have occurred and the price is also trading below the Ichimoku Cloud. The RSI is at 37 and there is no divergence of any kind. However, the MACD is steadying and possibly setting itself up for a bullish cross. Medium-Term Outlook Stellar (XLM) 3-Day Chart - Source: A look at the 3-day chart gives a more positive outlook. First, there is a significant bullish divergence in the RSI. Second, the MACD has rejected a bullish cross and is moving upward with strength. However, the price is facing very close resistance from the 21-period MA and is trading below the Ichimoku cloud. Stellar (XLM) Daily Chart - Source: A look at the Daily chart gives an even more bullish outlook. There is a very significant bullish divergence developing in both the RSI and the MACD, the latter of which is almost positive. Similar to the 3-day chart, the price is facing very close resistance from the 21-period MA and is trading below all the moving averages and the Ichimoku cloud. Short-Term Outlook and Price Prediction Stellar (XLM) 4-Hour Chart - Source: A look at the 4-hour chart shows that price has broken from the short-term resistance line and after validating it is moving upward. Furthermore, we can see three minor resistance areas, the first near $0.082 the second near $0.087 and the third one at $0.1. The minor support area which would create a double bottom is found at $0.072. Price Prediction: I believe that during the next ten days price will enjoy a steady increase and reach the second minor resistance area near $0.087. Conclusions: Price is trading below its 200-week moving average. There is a significant bullish divergence in medium-term indicators. Price has broken out of the short-term resistance line. Latest Stellar News: Stellar [XLM] Price Prediction: Does the Low Volume Indicate That This Was a False Breakout? Stellar Price Prediction: XLM Broke Out of the Descending Wedge, Is a Double Bottom in Store? DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Stellar Price Prediction: XLM Broke Out From the Short-term Resistance Line, Will It Move Past $0.1? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News |

a day ago

Will Bitcoin Block Size Reduction Argument Cause Another Crypto Conflict?

Things have been busy in crypto land this week and the big debate over Bitcoin’s block size has only just been usurped by JP Morgan’s attempt to launch its own completely centralized crypto coin. The block size issue is an important one so we’ll delve a little deeper into that. Another Crypto Conflict Imminent? Bitcoin Core, the enigmatic code that runs the world’s largest decentralized currency, has a highly calibrated and specific set of instructions and protocols. Any attempt to deviate from them is usually met with brimstone and fire from the developers and community. When they disagree a hard fork usually occurs and there have been a lot of them over Bitcoin’s short ten year lifespan. The highly controversial proposal discussed this week came from Core developer Luke Dashj who suggested decreasing the size of the blocks from their current 1Mb to 300Kb. In theory this may increase adoption by reducing costs associated with network participation. Another example: This patch would enforce a very simple softfork, reducing #Bitcoin block sizes to ~300k between Aug 1 and Dec 31. It demonstrates how one can make a truly TEMPORARY softfork. (DO NOT RUN THIS IN PRODUCTION EVEN IF YOU SUPPORT A UASF) — Luke Dashjr (@LukeDashjr) February 7, 2019 Since the Bitcoin network has grown so large now (over 200Gb) running a full node, which stores and updates a copy of the entire blockchain, is extremely resource intensive and costly. The reduction in block size would alleviate these expenditures but would require the majority to move to a soft forked version of the existing BTC chain. The decentralization case is a strong one; if data centers are required to run full nodes then the network effectively becomes centralized. Blockstream’s strategy chief Samson Mow told Hard Fork; “This is also why most Bitcoin users do not want huge blocks, because then full nodes could only be run in data centers, which perfectly defeats the purpose of having a decentralized network,” Some of the community have backed this notion and still advocate for a smaller block size to reduce the potential centralization of running full nodes. The counter argument is that this ‘minor tweak’, as some have described it, will result in a huge disruption to a well-functioning system. The demise of Bitmain has already reduced centralization concerns and smaller blocks would be of greater benefit to miners who can earn more from transaction fees. The crypto community on twitter has also had their say as the debate rages on; The crypto community is tired of being tortured by a Bitcoin that refuses to scale and remains in constant limbo. Live or die: scale or go off-chain, huge blocks or teeny ones. This is crypto fatigue. Just get it over with, and deal with what happens. — Joel Valenzuela (@TheDesertLynx) February 13, 2019 Bitcoin guru John Carvalho added; “Right now, there isn’t a lot of support for [block size] adjustment ideas because many see it as a controversial and sore topic. We all still feel the bruises from the Segwit2x/No2x/BCash debates,” There has also been a big push to the Lightning Network which could be affected as proponents of the recently forked Bitcoin SV noted; I'm shocked the core devs want to reduce the block size from 1MB to only 300KB. I'm flabbergasted! Do they not understand along with killing mainnet adoption they're also killing LN adoption??? How the fuck are you going to onboard billions of people if you shrink???#Bitcoin — Mike Relentless [SV] (@mikerelentless) February 13, 2019 The most pertinent comment though highlights that infighting such as this can only cause longer term damage to Bitcoin and the entire ethos of decentralized currencies; Stop this madness! Last thing Bitcoin needs is yet more contentious forks in this key year for adoption! A soft fork to "reduce the block size" is a hard fork in all but name. This will split off from the established consensus, cause massive drama, and damage trust in Bitcoin. — Cøbra (@CobraBitcoin) February 11, 2019 Changes to the established code and network are always a hot potato in the crypto world, and block size is top of that tree. Bitcoin has a long way to go before it can truly be considered autonomous and decentralized and these debates are part of that evolution process for the nascent technology. However, with markets battered and bruised, another public crypto conflict between rival factions will cause more damage than good in the short term for Bitcoin and its brethren. Image from Shutterstock The post Will Bitcoin Block Size Reduction Argument Cause Another Crypto Conflict? appeared first on NewsBTC.

a day ago

XEM Rises From Crypto Ashes as NEM Foundation Soldiers On

News that a crypto project has to downsize and restructure is never good. The bear market has battered all but the extremely resilient and most organizations have had to tighten their belts somewhat. NEM Foundation Restructures, Reveals Debts The NEM Foundation has managed to rescue its project from crypto oblivion through a series of funding proposals and restructuring. At the end of last month the Foundation revealed that it had less than one month of funding remaining and that downsizing was inevitable. Following that news the token dumped 34% over the next ten days to a 2019 low of $0.034 (1010 satoshis). This week a further announcement was released with proposals for funding and joint collaboration between the two divisions of the organization, the Foundation and NEM Labs. A massive restructuring has started and the Foundation has called for a ‘proof of importance’ (POI) vote in support of a funding request from the community. The core of the project is now known as Catapult and it will become the new NEM engine for dApps and smart contract deployment. The team has painfully admitted and made public the level of debt and what remains for future funding of staff and development; “Yes, our team will be in debt once February expenses are paid ... Total potential expected debt if everything is fully paid for: ~$15,000- $50,000 USD ... We had 150 employees in 2018 and are projected to have ~54 employees (both fulltime and consultant) in 2019.” With a clear path forward though, the project has a chance of survival and those that remain with it are confident in the future for NEM. These results can already be seen in token performance today. XEM Market Reaction XEM is the top performing altcoin in the top twenty at the time of writing. It had made 8% on the day when it reached an intraday high of $0.044 (1230 satoshis) a couple of hours ago. Daily volume has doubled from $12 to $24 million with Binance being the top exchange for NEM trade. Over the past seven days XEM has made an impressive 22% climbing from $0.036 (1085 satoshis) this time last Friday to where it trades today. The longer term picture is not so pretty for NEM which has largely fallen out of favor along with most of the other crypto tokens that have dropped out of the top ten. Nobody could have envisaged a dump of over 97% from all-time high but the NEM Foundation has taken the right approach under the circumstances. Restructure, keep building, and soldier on though hard times. Image from Shutterstock The post XEM Rises From Crypto Ashes as NEM Foundation Soldiers On appeared first on NewsBTC.

a day ago

Replay and Transcript: Multicoin Kyle Samani on CZ, Binance Chain, and Binance Blockchain Week

In this episode of the podcast, we are sharing a replay of a conference call with Kyle Samani that we held for our Premium subscribers. To learn how to become a premium subscriber, check it out here Kyle Samani is a Managing Partner at Multicoin Capital. In mid-January, Kyle went to Singapore and attended the first-ever Binance blockchain week. In this call, Kyle shares his conversation with CZ, Binance employees and the companies that he met there. Additionally, Kyle talks about his thoughts for Binance chain and his observation of general crypto sentiment in Asia. What will 2019 look like for Binance as they kick off with the strategic investment and partnership with Vertex ventures to create a fiat to crypto exchange in singapore? Will this city state going to be a new home for Binance permnanetly? Held in January 2019, Binance Blockchain Week was Binance’s first conference in Singapore and one of the largest public event held by the exchange. We last spoke with Kyle at World Digital Asset Summit in December and shared it in a podcast with our readers. Other recent, notable writings from Kyle include Questions from the Crypto Idea Maze and What P2P Markets are Better Decentralized Conference Call Transcript Joyce Yang For everyone’s information, the call is recorded. If you’d like to ask a question or you like to have your question asked anonymously, you can email me at and I would come ask the question for you. I want to point to participants who are in a listen only mode, later you have time to ask the questions. So it’s my pleasure now to start our conversation with Kyle Samani,managing partner of Multicoin Capital. So Kyle was in Singapore last week at Binance Blockchain week which was the first Binance Blockchain event that took place in Singapore and arguably the largest public event held by the exchange. So Kyle, if you could start off by introducing yourself quickly and why don’t we go right into what you saw at Binance. Kyle Samani Yeah, happily Joyce, thanks so much for having me on. I’m excited to be here. So quick background on myself, I launched Multicoin Capital in October 2017. So I’ve been running the firm for 15-16 months now, managing about 18 million dollars or so. I’ve got 13 employees, they work with us. We are a hedge fund structure, so we do participate in secondary markets, we also do some venture-style deals in the primary markets as well. We are pretty technical and pretty familiar with some of the crypto landscape, and we’re pretty well-known for our blog and all that. Joyce Yang So let’s dive right into Binance Blockchain week. What were you doing there, what did you wanted to accomplish by going there and maybe some high level takeaway for our listeners right now? Kyle Samani So my primary motivation in going was to learn more about the Binance organization and kind of meet the team and really know these people are how they operate. It’s been our view for quite some time that Binance is really the most systemically important organization in encrypted ecosystem. They are by far the largest exchange for Bitcoin as well as most top coins. They in our view are generally probably the best operated exchange. Their rise has been pretty mediocre, and over the course of 2018 as the market have cooled down, Binance generally been consolidating in terms of increasing its market share, taking market share from competitors. The Binance team although they are pretty globally distributed, both of the employees are in Asia, and so we’re already rather close with most of the major US exchanges. So it was kind of my admission to go learn about kind of all kinds of nutty gritty details about the firm that are not you know clearly visible to the public and to build relationships with the Binance organization. So that was my primary motivation and going. They did ask to speak, so obviously that was the kind of nice thing and just kind of a good catalyst to build a relationship. I think that was part of your question Joyce, I don’t remember the second part. Joyce Yang Just quickly on kind of your summary of the top takeaways and then we could try to dive into the details a little bit more of it. Kyle Samani Yeah, so I said the biggest takeaway is actually how committed the Binance employees are to the organization. So Binance provides employees options on how they want to receive their salary, not just like equity in terms of Bnb but actually how they receive their salary. And they have the option to receive salary either sub partially or entirely in Bnb tokens. And I was shocked at how many of the Binance employees I met, could take 100% or near 100% of their salary in Bnb. Now, I’m sure they’re liberating some of that to pay the bills because I obviously probably can’t pay rent in Bnb tokens, but the fact may be that these people are taking 70, 80, 90 percent of their salary in Bnb, tells you they’re keeping a lot of it in Bnb. So these people are really

2 days ago

Ethereum (ETH) Mining Reward Hits Lowest Ever

Ethereum (ETH)-According to Etherscan data for Feb. 11, daily mining rewards for the second ranked cryptocurrency by market capitalization Ethereum have fallen to their lowest recorded levels. While ETH has rallied alongside the rest of top ten currencies, even propelling itself above XRP to reclaim the second largest market capitalization, the coin is now experiencing its lowest levels of new coin minting since the data was first tracked. On February 10th, 13,370 ETH was created, a substantial drop from new coin creation logged in December 2018 at over 20,000 ETH per day. For comparison, the all time high of ETH mined in a single day occurred on July 30, 2015 when over 39 thousand new coins were forged into existence. Etherscan data reveals that the sudden and severe drop in ETH mining is the result of an increase in Ethereum mining difficulty. While investors and ETH miners have anticipated an increase in mining difficulty, and subsequent decrease in mining reward, the change comes as a bit of surprise. In August 2018, Ethereum’s primary developers concluded a meeting with the decision to increase the mining difficulty for the coin, dubbed at the time the “difficulty bomb” to be delayed until the launch of the long-awaited Constantinople hard fork. The intention of the difficulty bomb is to increase the Proof of Work mining required in obtaining an ETH reward, thereby reducing the daily amount of ETH being added into circulation. Alternatively known as Ethereum’s Ice Age, the difficulty bomb accompanying the fork will require more computing power on average for similar payout in ETH, requiring miners to invest more resources while easing the inflation of ETH-a move that current investors will likely applaud. The move is also being implemented with the intention of preventing miners from obtaining ETH through the traditional method once the coin and its public blockchain switch to a Proof of Stake (PoS) algorithm. PoS, compared to Proof of Work favored by other large currencies such as Bitcoin and Litecoin, rewards investors and collectives for “staking” their coins on the network, thereby reaping the reward of dividends paid out in proportion to the number of coins staked. However, some miners are continuing to labor on the ETH blockchain, anticipating even further delays of the Ethereum-based PoS integration which has already been postponed on several occasions. In order to further dissuade miners and encourage staking, Ethereum’s developers also intend to implement a “thirdening” with the Constantinople update, which will reduce ETH mining rewards per block from their current three coins to just two. If Ethereum developers continue to push back the hard fork, PoS integration and “ice age” difficulty spike, the current ETH miners stand to benefit the most. A further delay in increasing ETH mining effectively makes the coin more profitable to mine at present, even if the updates are waiting on the horizon. Ethereum, which has managed to hold the second largest market cap position for the most of the last year, saw a steep decline throughout 2018 with cryptocurrency’s ongoing bear market. While coin prices across the board suffered, ETH in particular fell on hard times as a result of the waning ICO market and decreased demand for ERC-20 based tokens. The Ethereum core development team and their community have responded, looking to improvements in the coin’s current operation as a way to make Ethereum a perennial contender in the digital asset space. Title image courtesy of The post Ethereum (ETH) Mining Reward Hits Lowest Ever appeared first on Ethereum World News.

2 days ago

Bitcoin (BTC) Price Analysis: Still Waiting for a Bullish Flag Break

Bitcoin is still treading sideways in a short-term consolidation that looks like a bullish flag pattern. This is around the top of the descending channel visible on the 4-hour time frame, which explains why there is a lot of resistance. If this area continues to keep gains in check, price could resume the slide to the bottom of the channel or the lows around $3,400. The 100 SMA is still below the longer-term 200 SMA, after all, so the path of least resistance is to the downside. Then again, the gap between the moving averages is narrowing to signal weakening selling pressure and a potential bullish crossover. If that pushes through, buying pressure could pick up and lead to a break past the flag and channel top of $3,800. From there, bitcoin could be in for a climb that’s the same size as the mast, which spans $3,400 to $3,700. RSI is on the move down after recently turning lower from the overbought region. However, the oscillator appears to be changing its mind halfway through and could go for another move north. Stochastic is also turning higher without reaching oversold levels, which suggests that buyers are eager to return. More and more bitcoin analysts are giving bullish estimates for the coin now that price appears to have bottomed out (again) on the recent correction. Of course it remains to be seen whether this kind of sentiment can be enough or not to sustain the gains. Many say that the jump higher came from forecasts that bitcoin could hit $5,000 over the next ten days. Another analyst mentioned that this year might be the last time that the public can afford bitcoin, which suggests strong gains up ahead. Note that Fidelity is said to launch its institutional platform by March so this could usher in another wave of rallies. The post Bitcoin (BTC) Price Analysis: Still Waiting for a Bullish Flag Break appeared first on Ethereum World News.

2 days ago

Bitcoin (BTC) Price Analysis: A Closer Look at the Bullish Flag Levels

Bitcoin is still stuck in its bullish flag pattern and waiting for momentum to return while consolidating in a small channel. Looking closer at this channel shows the levels to watch to gauge a breakout or pullback. Price is hitting resistance at the $3,700 level that lines up with the top of the longer-term descending channel. Support is located around $3,600 but a break below this could lead to a correction instead. The 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. In other words, price is more likely to break higher than down. However, the gap between the moving averages is narrowing to reflect slower bullish momentum. Price is testing the 100 SMA dynamic inflection point but is still above the 200 SMA dynamic support. RSI is turning lower to signal the presence of selling momentum even though overbought conditions haven’t been met. This signals that bears are eager to push prices lower. Stochastic is also moving down without having reached the overbought zone, also indicating that sellers are in play. In that case, bitcoin could break below the flag support and the nearby 200 SMA to pull back to the area of interest around the middle of the channel. A larger slide could last until the lows at $3,400 or the very bottom of the channel. Bitcoin enjoyed a strong boost from bullish forecasts a few days back claiming that price could reach $5,000 over the next ten days. A few days have already gone by and price is not any closer to the target, so it’s understandable that traders might be letting go of some of their holdings. The next wave higher could come if an actual development in terms of seeing stronger institutional volumes is seen. However, this could take until next month when Fidelity pushes through with its institutional platform launch. The post Bitcoin (BTC) Price Analysis: A Closer Look at the Bullish Flag Levels appeared first on Ethereum World News.

2 days ago

How Will Ethereum Hark Fork Effect Prices This Time Around?

Just 48 hours before the planned Constantinople hard fork for Ethereum the brakes were anchored on as a network code vulnerability was discovered. The price of Ethereum took a dive and the upgrade was postponed until the end of this month. As we approach the new date for Constantinople, Ethereum is holding steady while most other crypto assets are falling back again. The hard fork this time around will take place at block 7,280,000 which has been estimated around February 27. Hudson Jameson from the Ethereum Foundation confirmed when he spoke to Coindesk; “I suspect it will go as planned. The block number has been set and [the upgrade] is hard coded in the clients now so it’s going along fine,” The previous problem was with Ethereum Improvement Proposal (EIP) 1283 which proposes net gas metering changes for SSTORE opcode, enabling new usages for contract storage, and making it cheaper to do certain things on chain. Several test networks including Ropsten had already activated Constantinople and the buggy EIP so a new hard fork called Petersberg was needed to remove the EIP. Both will be activated on mainnet later this month. ChainSecurity COO Matthias Egli added; “For all practical means for any developer out there on the mainnet, there will not have been Constantinople really, just Petersberg ... Technically in the code, you have two conditions. One says Constantinople gets active at block number [7,280,000] and at the same block number Petersberg gets activated, which takes precedence over Constantinople and immediate supersedes it.” Usually a major network upgrade and improvement is bullish for the asset however some analysts think that this one could be bearish. According to Alex Krüger postponing the difficulty bomb will actually result in a smaller supply reduction; With the Ethereum fork approaching the market may start talking $ETH up. However, the fork is not fundamentally bullish - it's actually bearish, if anything (impact should be already discounted). By postponing the time bomb, the fork will result in a smaller supply reduction. — Alex Krüger (@Crypto_Macro) February 14, 2019 EIP 1234 deals with the difficulty bomb which has been delayed for around 12 months. This block reward adjustment is to effectively buy more time until PoS is implemented with Casper by extending the ‘ice age’ or difficulty to prevent the current blockchain freezing. He added that the fork will stabilize ETH issuance levels at about a third lower than November’s. Ethereum Price Reaction At the moment Ethereum has been outperforming its brethren, it is currently the only crypto asset in the green in the top ten but only just. Holding at $123 Ethereum has extended its market cap lead over XRP in third to $400 million. Over the past seven days Ethereum has gained 17% and this momentum may well continue up to the fork. ETH prices dumped 7% on January 16 when the last hard fork was postponed, leading up to it however things were bearish and there was no respite for Ethereum following a market wide dump a few days prior. This time around things are looking a little brighter for the world’s second largest crypto currency, at least for the moment. Image from Shutterstock The post How Will Ethereum Hark Fork Effect Prices This Time Around? appeared first on NewsBTC.

2 days ago

Asymmetric Risk

History has been made today as the US National Debt has crossed the landmark level of $22 trillion. That looks like this: $22,000,000,000,000. This may seem like a distant number and it’s certainly easy for us to get detached but let me remind you that just about every pension and investment fund in the world holds a large amount of US treasuries. So, we’re all in this big boat together. Of course, with the high level of inflation over the last few decades, it’s important to put this large round figure into a more tangible context. After all, 22 trillion is just a round number. A large round number but still rather arbitrary. The best way to understand the national debt is by checking the debt to GDP ratio. In other words how much is the US producing compared to what it owes? In the following graph, we can see American debt to GDP over the last 50 years. Bloomberg’s Hilary Clark @queenofchartz who produced the graph has admitted that it is the scariest chart she’s ever made. It’s probably nothing to worry about though. As long as the United States is able to continue making the necessary payments on its debt, the global economy should remain stable. And to be fair, there are certainly other countries with far higher levels of debt. @MatiGreenspan eToro, Senior Market Analyst Today’s Highlights Days to next Shutdown: 2 | Days to Brexit: 44 Emerging Getting Crowded Crypto Has Asymmetric Risk Please note: All data, figures & graphs are valid as of February 13th. All trading carries risk. Only risk capital you can afford to lose. Traditional Markets Volatility continues to slide as stocks continue to soar. Optimism is high that the tentative deal to avert a US government shutdown will be grudgingly confirmed by President Trump and that the March 1st deadline to complete a US-China trade deal will be extended. It’s also been confirmed that President Xi himself will be meeting with US officials in Beijing on Friday to try and hammer out a deal. On the Brexit front, it seems increasingly likely that this uncertainty is gonna come down to the wire. In an odd headline this morning, it seems that May’s hand may have been tipped... Guess that goes to show that alcohol and Brexit don’t mix. In any case, the alleged conversation has May’s Chief EU advisor Olly Robins saying that when it comes down to it, UK parliament will be given a choice between May’s deal at the last minute or an extension from the EU to Article 50. The chance of a no-deal Brexit remains low and many analysts seem to be putting it at about a 10% probability, which is still much higher than zero than it probably should be. Keep an eye out for the US CPI inflation figures coming out an hour before Wall Street’s opening bell today. Emerging Crowded Trade According to a fund manager survey in February, the new most crowded trade at the moment is ‘long emerging markets.’ The title was stolen from ‘long US Dollar’, which held the crown for two months, and was preceded by the ‘long Faang’ position, which managed to remain the most crowded trade for ten consecutive months. This play is one that we highlighted in our annual outlook webcast (timestamp: 36:48) on January 8th. The Federal Reserve’s monetary tightening in 2018 was putting a choke hold on emerging market economies, which tend to hold a large amount of US Dollar denominated debt. Now that they’ve shifted to a more neutral stance, traders are piling into EEM. What’s interesting to note is the sentiment of the survey’s participants. Even though it’s the most crowded trade, only 18% actually think that it’s overvalued at the moment. Crypto’s Asymmetrical Risk We highlighted some breaking news yesterday about a $40 million investment into crypto by two large public pension funds, but this small bit of news is so fantastic that I’d like to talk about it again today. One of the things that jumped out at me was something Katherine Molnar said... You see, the two Fairfax funds involved in this investment have a combined $5.7 billion under management. So the $40 million they’ve put into crypto is only 0.7% of that. This is good money management at play. Should the crypto market see another year like 2018 with an 80% drawdown, the fund will only lose 0.56% of its total portfolio. As long as the rest of the portfolio performs properly, nobody will even notice the hit. If crypto has a fantastic year as it did in 2017 and rises by 1000%, their overall portfolio will rise by 7%. This is what we call asymmetric risk, where the risk to the upside far outweighs the downside risk. Note: For the purpose of simplicity in this analogy, I’ve lumped both Fairfax County funds into one even though they are separate funds. Traders and investors are always looking for an advantageous risk/reward ratio and now that we’ve already seen a large retracement in the crypto market, the ratio is becoming very attractive. Now that Fairfax County has opened the door, it will be interesting to see if other traditional fund manag

2 days ago

Trading Volume: Bitcoin Moves 7x More Value Than Any Other Coin

It’s been more than ten years since the mining of the genesis block, but Bitcoin (BTC), the original cryptocurrency, remains the most popular coin, at least at the outset of 2019. Altcoins enjoy only a fraction of the usage that BTC gets every day. Statistics collected by Coin Metrics indicate that the total amount of […]

2 days ago

Bitcoin, Ether, and XRP Weekly Market Update February 14, 2019

The top ten currencies are all in green for the last seven days with the only exception being TRON (TRX). Bitcoin gained 6.2 percent while ether is 18 percent up. The total crypto market cap moved up from $112 billion to $121 billion for the same time period. BTC/USD Bitcoin lost $13 of its valueRead MoreRead More. The post by Georgi Hristov appeared first on BTCManager, Bitcoin, Blockchain &...

2 days ago

Bitcoin and Ether Market Update: February 13, 2019

The total crypto market cap remains above the $120 billion mark after climbing from $111 billion to $121 billion on February 8, 2019. The top ten currencies are all in the green with Litecoin and EOS leading the pack and pushing gains of more than 20 percent. Bitcoin and ether are trading at $3,637 and $123Read MoreRead More. The post by Georgi Hristov appeared first on BTCManager, Bitcoin,...

3 days ago

BCH Avalanche Transactions Reveal Finality Speeds are Ten Times Faster Than Ethereum

Over the past weeks, the BCH community has been discussing Avalanche, a pre-consensus method. Currently, the protocol has been used in the full node implementation of Bchd, and its proof of concept is running on the Bitcoin Cash mainnet. According to BCH developers, Avalanche will make the network stronger as it runs parallel with the primary PoW consensus mechanism. Per Bchd developers, after the Avalanche implementation, transactions can be now be finalized after 1.55 seconds, ten times faster than Ethereum. Bitcoin ABC advocate Amaury Sechet believes Avalanche can also protect the blockchain from reorganization attacks. (KE)

6 days ago

Binance Coin Price: BNB Top Performer As It Returns to Important Level

[caption id="attachment_33290" align="alignnone" width="990"] Binance Coin Daily Chart[/caption] Binance Coin, BNB, has had a big week. It has entered the top ten cryptocurrencies by market cap, and it is has recorded the largest percentage increase in USD terms out of these cryptocurrencies. Data from Messari states that BNB increased 35.55% over the past seven days. The increase seen in...

6 days ago

Bitcoin Price Analysis Feb.10: Bitcoin Struggles To Stay Above $3600, Facing The Critical Resistance

Two days ago, just an hour after publishing our previous analysis, Bitcoin broke up the mid-term descending trend-line (can be seen on the 1-day chart). In a matter of ten hours, Bitcoin went up from $3355 to a high of $3711 (Bitstamp). As much as a 10% gain. From there and up till now, Bitcoin […]

6 days ago

Litecoin Spikes 10 Percent, Getting to Be #4 Among Top Ten Due to Dev Community’s Activity

Litecoin (LTC) rose by over 10 percent during the past several hours adding in value from $33 to $38 and got to become coin #4 on the top ten list of virtual assets

8 days ago

Congratulations @neondistrictRPG for being chosen as one of ...

Congratulations @neondistrictRPG for being chosen as one of the ten Alchemist Blockchain 2019 companies at Techstar…

9 days ago

TaTaTu: A $500M Startup Has Replaced Half Its Original Team

One of last year’s biggest ICOs has replaced at least half of its original staff. TaTaTu (TTU), the third largest token sale on record, is in the midst of “changing the team,” company insiders told Crypto Briefing. Of the ten original core team members, five have been replaced since the token sale. TaTaTu’s whitepaper, published in 2018, […]

9 days ago

BNB Becomes a Top 10 Cryptocurrency, Binance Lists 10 Ways Its Ecosystem Drives the Coin

Binance Coin (BNB) became the 10th largest crypto in the world on February 7, as shown on CoinMarketCap. BNB has been able to achieve this within two years of its inception. Binance recently laid out ten drivers within its ecosystem that are helping BNB grow.

9 days ago

DApps Get Hardly Any Users Compared to Telegram, WhatsApp, Efforts to Increase TPS Are Useless: Report

Research by zkSystems reveals that out of nearly 2,000 Ethereum dApps only about ten percent showed active ERC20 token transactions

9 days ago

Best Bitcoin Debit Cards for 2019

Ten years have passed since Satoshi Nakamoto introduced to the world what is definitely one of the most important inventions of our generation, the Bitcoin. A lot has changed since then: Bitcoin is now the most valuable cryptocurrency, the crypto market seems to be settling a bit, some governments have fully embraced and regulated cryptos […]

11 days ago

Paris Fintech Summit Shows Crypto Fever Is over, but Blockchain Still Reigns Supreme

With the top ten coins down 80 percent in the last year and skepticism mounting, the Paris Fintech Summit showed that while the crypto fever might be over, blockchain technology is still going strong, Bloomberg reported on February 3, 2019. Crypto Fever Has Finally Cooled The Paris Fintech Forum, one of the biggest annual gatheringsRead MoreRead More. The post by Priyeshu Garg appeared first on...

11 days ago

HSBC Executive says Blockchain's Main Strengths are Transparency and Instantaneity

During a recent interview with French business and tech journal L’Usine Digitale, Beatrice Collot, HSBC's Head of Global Trade and Receivable Finance said that transparency and instantaneity were the primary strengths of blockchain technology. Collot also discussed the role of artificial intelligence (AI) and the Internet of Things (IoT) in trade and finance. Collot believes that blockchain is positioned to transform global trade finance by bringing all stakeholders together in a way which allows information to be shared transparently. Collet then explained how blockchain will merge the financial ecosystem of banks and suppliers with the supply chain ecosystem and she said that the instantaneity would ensure that efficiency and speed were maintained. When pressed on a timeline for her vision of blockchain integration, Collot said, “we are not quite there yet [as] the tech must be widely adopted and interoperable.” Collot pinpointed R3’s Corda, Ethereum and IBM-supported Hyperledger as the leading enterprise blockchains but she did acknowledge that “there are hundreds [but] maybe in ten years, there will be only one.” (RS)

12 days ago

Alena Vranova on The Block: Meet the self-proclaimed workaholic hell-bent on crypto security

It was in a drowsy Prague university library in 2010 that Alena Vranova first discovered the world of crypto. She had taken on the mighty task of dissecting the international monetary system, a research effort spurred by her explorations in academia after working in financial services. “I kind of realized that having one international money issued by Fed is not the optimal solution, and neither is the euro because I already saw that as a failing project. So I found out about Bitcoin,” she said. Far away from the confines of university, she is now Head of Strategy at Casa, one of largest and most prolific crypto security companies, known for attracting clients with $500,000-plus in bitcoin or ether. She works alongside former bankers, asset managers, and even the designer of Tinder’s “Superlike” function, Scott Hurff - Casa’s “no coiner” head of design, focused on building a user-friendly interface. Given she entered the space almost a decade ago, Czech-born Vranova’s crypto journey is almost as old as bitcoin itself. But the last nine years have done little to dampen the initial enthusiasm that she held as a student. “I still believe Bitcoin is the best, the most secure global ledger and the best form of money that we’ve seen for a long time...It has some downsides, but I mean people are working like crazy.” Vranova identifies as one of those non-stop workaholics. After discovering bitcoin, she wasted little time in leaving banking to set up renowned crypto hard wallet company Trezor before making the “natural” transition to Casa in 2018. “The first time I met with Jeremy [Welch, the CEO of CASA], we spent some time talking about our futuristic visions and what needs to be done and what I always wanted to build. So we could compare notes pretty much,” she said. Fragile at best: the current state of crypto security Casa shares not only Alena’s long-term vision for bitcoin, but also her fixation on boosting crypto security. The safeguarding infrastructure is still pretty rudimentary, and navigating it can feel like “mission impossible,” with crypto users facing multiple layers of insecurity - including third-party risk (exchange failures), physical risks (hackers and viruses), and human error. “In securing your crypto you have simply 2 choices. Either you are completely on your own, so you have your hardware wallet, you have your paper backups, you know you need to figure out where to save the backups...or you can give away your wealth [and data] to the sovereign services and crypto banks, and there’s nothing in between.” Casa, she said, is “bridging this self-sovereignty with the user experience of an online app or bank,” providing offline hardware wallets. Casa’s premium clients pay no less than $10,000 a year for what Alena calls “the best personal key manager on this planet” - offering three or five multi-signature keys. These are held in multiple locations; one in a security deposit box at home, one at work or with a trusted family member; another (for disaster recovery) held by Casa; and another on your mobile app. This means that even if somebody kidnaps or physically extorts an individual at gunpoint, they will not be able to move funds without access to at least three keys. “[This kind of physical attack] is really happening...It’s a lot. It’s not one or two or three cases. It’s growing,” she said. She is particularly skeptical of storing funds in “centralized services such as Coinbase,” fearing that they are putting not just users’ crypto funds at risk but also their identities. “Now, I don’t hate Coinbase, I actually like Coinbase and all these institutions because they are onboarding and bringing a lot of new customers right? But at the same time I have an issue with them because they are doing KYC right? That’s collecting your ID, your addresses, all this personal data. So imagine...someone steals the database of [Twenty-five million] Coinbase customers.” Still, data breaches aren’t unique to the crypto world, with major airlines, banks and retailers among the noteworthy recent victims. Bear market demand & next steps Despite Bitcoin’s price plummet since November, Vranova says Casa hasn’t seen a “huge drop” in uptake and that sales have been “really great.” “Obviously some of them say, maybe I don’t have enough now to justify the ten thousand [dollars] now but they’re still interested [in fund security] because they are aware that this is a very short term situation...They are usually people betting on the future of Bitcoin and Ether,” she said. The company would not disclose its number of clients or the relative number since the bear market began. Pascal Gauthier, President of hardware maker Ledger, seemed to agree, saying in December that ‘crypto wallet sales’ for his firm were going strong despite bitcoin’s price. Elsewhere, Vranova said demand had been “overwhelming” for the $300 Casa nodes, which allows users safe access to the Lightning Network for instant bitcoin transactions. She pre

12 days ago

Kraken Raises $100M and Acquires British Derivatives Platform for Nine Figures

We may be in a crypto winter, but this isn’t slowing down Kraken crypto exchange. The San Francisco-based firm announced today that it had acquired Crypto Facilities in a deal worth at least $100 million. This is its largest acquisition to date. Crypto Facilities is a leading crypto derivatives provider and was the first regulated entity to offer crypto futures. The acquisition will give Kraken the opportunity to offer crypto derivatives to its four million users. Raises $100M, Valued at $4 Billion Kraken may not be the largest crypto exchange in the U.S, but it has always made its presence and influence felt. It has dominated the safest and most secure crypto exchange rankings in the world severally in the past. It’s also the largest crypto exchange globally in euro volume and liquidity. The acquisition wasn’t the only significant announcement the firm made today. Kraken also revealed that it had raised $100 million from accredited investors. In a move away from convention, the exchange didn’t raise the money from the venture capitalists who have been its financial backers all along. Kraken raised the funds from some of its larger customers who purchased a stake in the firm. This new group of investors are accredited, and thus Kraken didn’t have to register the round with the Securities and Exchanges Commission. However, despite media requests, Kraken didn’t disclose the identity of the new group of investors. It did, however, disclose that the new funding round values the firm at an incredible $4 billion. This is half the $8 billion Coinbase valuation during its last funding round in October last year. As the exchange’s CEO revealed, the move was well thought out. Speaking to Fortune, the eccentric Jesse Powell explained that this was in a bid to get the users to become part of the company. In his usual blatant way, he explained: My personal philosophy is that shareholders are at often at odds with users’ interests. Look at Facebook looting from their users in order to pay off shareholders—that wouldn’t happen if users were shareholders themselves. It’s good to keep interests aligned. Reinventing to Survive the Winter With the acquisition, Kraken will be able to offer crypto futures to its clients almost immediately. However, its U.S clients will not be eligible for this feature as there are several regulatory hurdles to smoothen out first. Crypto Facilities offers Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin. The two firms will hit the ground running immediately, with Powell revealing that Kraken has already integrated the back-end operations of Crypto Facilities. The acquisition has been in the works for the past ten months, Powell further revealed. Kraken will add 20 developers based in London from the Crypto Facilities team. The CEO and founder, Timo Schlaefer will retain his position in charge of the derivatives platform. And he couldn’t be more excited about the completion of the deal, he said, further adding: It has been our mission to build the most sophisticated, powerful and user-friendly cryptocurrency trading platform. Teaming up with Kraken allows us to innovate the next generation of products and tremendously boosts the value we are able to provide to our clients Image(s): The post Kraken Raises $100M and Acquires British Derivatives Platform for Nine Figures appeared first on NullTX.

12 days ago

Financial Analysts Predict Bitcoin to Reach $9,000 by the end of 2019 recently distributed a study about Bitcoin price action to financial analysts and the majority agreed that Bitcoin would close 2019 in the $7,500 to $9,000 range. Currently, Bitcoin trades near $3,500 and increases to $9,000 would represent a 157% price increase over the next ten months. Generally, analysts are bullish about Bitcoin and some referenced the Bakkt and Fidelity crypt-product launches which are scheduled for Q1 of 2019. Digital Capital Management COO Ben Ritchie said that “two things to look out for in 2019 will be whether we see decoupling of the cryptocurrencies...the second is the impact of the traditional markets on cryptocurrencies.” While the overall consensus is bullish about Bakkt and Fidelity group entering the market, Ritchie said he does not expect that institutional investors will actually invest in the market for some time. (RS)

12 days ago

Bitcoin Price Prediction for 2019: Experts View

CoinSpeaker Bitcoin Price Prediction for 2019: Experts View Last year was full of agio and dramatic buzz around BTC. Its ups and downs made the investors and traders very concerned and cautious about the position of Bitcoin and its stability. The big failure at the end of the last year was the reason for traders and businessmen to watch attentively for analysts’ prognoses to understand what to do in the future. The 2019 new year has started, and many people are interested in what is going on in the crypto market. A lot of outstanding consultants have already given their comments about the cost of Bitcoin this year. Let’s estimate their forecasts and analyze what we can expect from the main cryptocurrency in 2019. There are lots of fears and hopes around this topic. I will not bother you with my forecasts only, I’d rather give you different credible Bitcoin price predictions, and then we’ll make some conclusions. Ronnie Moas, Cryptocurrency Analyst One of the top experts in the crypto market sphere is Ronnie Moas, who has founded the Standpoint Research company and directed their analysis of the investment opportunities for many years. Having started on Wall Street examining financial markets and determining strategies, he has become a real specialist in this sphere, and his forecasts are really exact. He got interested in BTC and other cryptocurrencies in 2013 and made his own investments in Bitcoin, Litecoin, and Ether. After his projections proved true in 2017, when ETH has impressively soared, the investors are sure his opinion is worth hearing. Ronnie Moas promises that by the end of this year the price of BTC will rise up to $28,000. His arguments are: High volume of trade on crypto exchanges; Growing interest in digital currencies from major companies; The massive sellout is only a sign of a huge bull run in the near future. He is sure that the pessimistic attitude belongs to the powerful people who want to restrict others in making their success. Sonny Singh, COO of BitPay Sonny Singh also has an optimistic point of view about Bitcoin. He used to be the leader of a sales and business development department at Jumio, where he created and managed the trade team and consulted thousands of traders, ten top Internet companies among them. He has 15 years experience in developing tech businesses. His current position is the Chief Commercial Officer of BitPay, Inc. He assumes that before 2019 ends, the price of BTC will grow to $15,000 - $20,000 level. In spite of the fact that Bitcoin has been unstable lately, and increasing interference from the side of state authorities, his forecast is based on his belief that with the huge financial companies coming to the crypto market and making their investments, Bitcoin will win back its positions. He is sure that Bitcoin has a big future and much more benefits than other cryptocurrencies. Artur Hayes, Co-founder and CEO of BitMEX Arthur Hayes has his own opinion about Bitcoin weight in the crypto market. He started as a derivatives trader in two well-known banks in Hong Kong, after he had got a bachelor’s degree in economics. He has wide experience and deep knowledge in the field of structuring and trading financial products. He first learned about Bitcoin in April 2013 and started dealing with the Bitcoin investments. Later on, in January 2014, in company with two other specialists, he organized Bitcoin Mercantile Exchange, or BitMEX, which is a famous professional Bitcoin marketplace. Artur Hayes does not share the viewpoint of previously mentioned analysts, and says that Bitcoin will lose its positions at least within the next one and a half year, and its price can fall to $2,000. He believes, however, that sooner or later BTC will rise again. Anyway, his previous forecast was false, so it’s up to you whether to trust him or not. Sam Doctor, Head of Data Science Research at Fundstrat With degrees in finance and electronic engineering, Sam Doctor has a wide experience in the sphere of stock management, financing strategies, and consulting businesses. Nowadays, he contributes for Fundstrat Global Advisors, LLC. Sam Doctor foretells that BTC holds much promise, and by the end of 2019 can soar up to $36,000. He accounts for his optimistic views with two factors: Miners’ policy to hold BTC when it is cheap, and sell when it is on the bull run; The growing price and computing power of new generations of mining hardware, which increases the BTC break-even point. According to Sam, the price may swing between 20,000 and 64,000 USD. Mike Novogratz, Founder of Galaxy Digital One more expert Mike Novogratz started his career on money market in 1989 as a merchant, and since that time has grown into one of the most eminent and bright characters in the crypto world. He is a philanthropist and BOD member in many commercial and non-commercial organizations in New York. He contributed to such companies as: Goldman Sachs; Fortress Investment Group LLC; Fortress Credit Corpor

12 days ago

Tron [TRX] Price Action - Tron Starts Week With a Surge

Tron Daily Chart - Source: After a week of underperformance, Tron starts the week with price surging. Tron is the top performer in the top ten cryptocurrencies over the past 24 hours with data from Messari recording a 4.55% increase. Price had been meeting support at the 200 exponential moving average (EMA). Price tested this level a number of times, but any drop below was quickly rejected by traders with the price rising back up. The price spike today rose to the level of where the last high closed around $0.0293. It has since dropped back to around $0.0273 with $0.028 being a key level to monitor. $0.028 has acted as an important point of resistance for price action over the past few weeks. Any breaks significant breaks above $0.028 in recent trading have brought significant liquidity into the market. Tron 4-Hour Chart - Source: The spike today took place on significant volume, but we can see it reversing quickly upon reaching the close of the last high. The close of the last high was also the point where price sharply broke down in late January. Tron looks to have returned to its recent trend of outperformance compared to other cryptocurrencies. Other top cryptocurrencies such as Bitcoin have started the week within a tight trading range. Key takeaways: Tron starts the week with a spike but meets resistance at the closing point of the last high. Price has since returned back below $0.028 which has acted as an important resistance point in recent trading. Price had been meeting support at the daily 200 EMA before spiking. This the key level to monitor for support in the event of a drop. Latest Tron News: Tron Price Action - More Bearish Pattern Forming for TRX TRON Weekly Report: niTROn Summit, DApps, BitTorrent Token, and More DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Tron [TRX] Price Action - Tron Starts Week With a Surge was originally found on Cryptocurrency News | Blockchain News | Bitcoin News |

12 days ago

HELLO I MUST BE GOING was named one of the Top Ten Independe...

HELLO I MUST BE GOING was named one of the Top Ten Independent Film of 2012 and it was nominated for the Grand Jury…

12 days ago

Tron [TRX] Price Action - Tron Starts Week With Surge

Tron Daily Chart - Source: After a week of underperformance, Tron starts the week with price surging. Tron is the top performer in the top ten cryptocurrencies over the past 24 hours with data from Messari recording a 4.55% increase. Price had been meeting support at the 200 exponential moving average (EMA). Price tested this level a number of times, but any drop below was quickly rejected by traders with the price rising back up. The price spike today rose to the level of where the last high closed around $0.0293. It has since dropped back to around $0.0273 with $0.028 being a key level to monitor. $0.028 has acted as an important point of resistance for price action over the past few weeks. Any breaks significant breaks above $0.028 in recent trading have brought significant liquidity into the market. Tron 4-Hour Chart - Source: The spike today took place on significant volume, but we can see it reversing quickly upon reaching the close of the last high. The close of the last high was also the point where price sharply broke down in late January. Tron looks to have returned to its recent trend of outperformance compared to other cryptocurrencies. Other top cryptocurrencies such as Bitcoin have started the week within a tight trading range. Key takeaways: Tron starts the week with a spike but meets resistance at the closing point of the last high. Price has since returned back below $0.028 which has acted as an important resistance point in recent trading. Price had been meeting support at the daily 200 EMA before spiking. This the key level to monitor for support in the event of a drop. Latest Tron News: Tron Price Action - More Bearish Pattern Forming for TRX TRON Weekly Report: niTROn Summit, DApps, BitTorrent Token, and More DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Tron [TRX] Price Action - Tron Starts Week With Surge was originally found on Cryptocurrency News | Blockchain News | Bitcoin News |

12 days ago

Tron [TRX] Price Action – Tron Starts Week With Surge

[caption id="attachment_32819" align="alignnone" width="990"] Tron Daily Chart - Source:[/caption] After a week of underperformance, Tron starts the week with price surging. Tron is the top performer in the top ten cryptocurrencies over the past 24 hours with data from Messari recording a 4.55% increase. Price had been meeting support at the 200 exponential moving average...

12 days ago

Tron [TRX] Price Action – Tron Starts Week With a Surge

[caption id="attachment_32819" align="alignnone" width="990"] Tron Daily Chart - Source:[/caption] After a week of underperformance, Tron starts the week with price surging. Tron is the top performer in the top ten cryptocurrencies over the past 24 hours with data from Messari recording a 4.55% increase. Price had been meeting support at the 200 exponential moving average...

12 days ago

Block Whispers Bitcoin and Altcoin Signals Review

Featured content - Trading cryptocurrencies can often seem like a complete guessing game. Nobody is ever 100% sure what direction the market is going to move in, and when you think you figured out a strategy and seem to be doing well, human psychology kicks in, and you make an emotional trade that causes you to lose half your account. For this reason, Block Whispers has developed a service that offers crypto signals and education resources about how to trade the crypto markets. Their signals allow traders of all skill levels to take advantage of profit-making calls made by people who had fostered a reputation of being accurate on multiple occasions, including moments when the rest of the market was sure that prices were going in a different direction. Block Whisperers started as a Telegram channel (@blockchainwhispersbaby) and was one of the very few to predict that the price of Bitcoin would fall by 25% in January 2018. After their predictions were proved to be right, their reputation grew, and so they decided to launch the Block Whispers platform. The platform’s founder is a crypto trader who goes by the name ‘” D Man.” He’s made a name for himself by accurately calling big Bitcoin price moves before they occurred. He’s also known for writing the popular bestselling book “Blockchain Decrypted for 2018 - How To Profit With Crypto Currencies, Bitcoin, Coins And Altcoins This Year”. The book provided some insight into how to successfully trade the 2018 market. It also made some robust predictions on the THETA and Pondi X tokens, which each gained 300% and 2,000% respectively. Other team members include a top tier analyst named Mr. Y. Together, the team has made some very accurate predictions and have also been ahead of important news stories, like the listing of ZRX on Coinbase and the listing of ZIL and ONT on Binance. Both coins gained 3x and 8x respectively after their announcements. D.A.R.T Crypto Signals World Championship Block Whispers is announcing on an exciting new competition to the crypto space called D.A.R.T. Crypto Signals. D.A.R.T is a trading contest for the most accurate crypto signals worldwide. The winning trader will receive a reward of 1 BTC for 10 minutes it takes to post 20 signals in their system. The competition is split into two rounds; the applicant and the contestant. The contest is free to apply for with a verified Blockchain Whispers account. The three main rules are as follows: The signals must be tradeable for members who follow At least 60 seconds for entries allowed. The official chart is XBTUSD Bitmex Inverse Swap Contract for BTC and appropriate Bitmex charts for Bitmex Altcoins. The first ten trades are qualification trades. Round 1 is the qualification round, which runs from now until February 28th. The main competition starts on March 1st. And closes when the first 20 qualified traders’ complete 20 trades (qualifying level: minimum 8/10 successful trades. 10 trades total). According to D Man, the mission of the D.A.R.T crypto signals contest is to showcase the talent of traders within the crypto space. With the amount of information he’s shared via his platform and his book, the hope is that new traders will emerge who have taken those lessons and upped their trading game to a level that surpasses his and his internal trading teams. It’s always hard to determine the authenticity of any service that offers crypto signals, and even when you look at comments from current users, you still get a sense that the story is too good to be true. Of course, when it comes to trading, nothing is guaranteed, and I’m sure Block Whispers has occasionally been wrong. However, it’s not often that you see traders dedicating entire Medium articles to praising the results of a crypto signal service, which means there may be something unique about what they have to offer. As always, when it comes to trading crypto signals, the best thing you can do is trust your instincts and don’t invest more than you’re willing to lose. With those rules in mind, there’s no reason not to try Block Whispers at least once. The post Block Whispers Bitcoin and Altcoin Signals Review appeared first on CryptoPotato.

12 days ago

Cryptocurrency Independence Under Threat As Regulation Encroaches

For governments, cryptocurrency is becoming too mainstream to ignore and too chaotic to neglect. Across the world, government agencies are targeting crypto investors not only with taxes but mandatory registration and full disclosure rules. This new wave of regulation poses a contradiction in that some of cryptocurrency’s strongest traits have always been privacy and autonomy. Also read: Canadian Exchange Insolvent After CEO Dies With Keys to $145M of Cryptocurrency State Regulation of Crypto Raises Questions Australia’s registration of 246 cryptocurrency exchanges between April 2018 and January 2019, hailed by observers and the exchanges themselves as boosting the credibility of the industry, likely indicates the direction that virtual currencies are taking in relation to regulation throughout the world. Some industry players speak approvingly of regulatory encroachment as a step towards respectability. State regulation increasingly appears to be the price the crypto community will have to pay for assimilation into the mainstream economy, raising existential questions about the direction of the industry. Whereas early cryptocurrency visionaries sought to operate a skeptical remove away from authority, emphasizing freedom, autonomy and democracy, some new movers are welcoming regulation as a solution to the trust problems that have affected the industry. Some of the regions that have weaponized the law books to meter aspects of virtual currencies include Malaysia, Australia, Japan, the EU and the U.S. As authorities across the world co-opt crypto’s “Escobar season” and drag it into the mainstream, it is interesting to observe just how much of what made crypto so appealing will remain. “The root problem with conventional currency is all the trust that’s required to make it work,” Satoshi Nakamoto wrote in his revolutionary proposition ten years ago. “Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts,” whereas cryptocurrency “is based on crypto proof rather than trust.” Regulation Rolls out With Benign Offers Regulation is rolling out with the innocuous sounding promise of support for innovation, but it is not clear how heavily government whims will impose upon investors and exchanges going forward. Individuals looking to operate in an insular system, away from central bank and state oversight, are increasingly confronted with new top-down demands for the industry which include the closure of firms and freezing accounts. Although Japan has traditionally been a liberal environment for crypto, it has been tightening regulation since the Coincheck hack early last year. The heist of $530 million sent Japan into regulatory overdrive, doubling down on the need for exchanges to be registered with the Financial Services Agency (FSA) as a condition of operation. South Korea prohibits the use of anonymous accounts in cryptocurrency trading and requires banks to observe strict reporting obligations on accounts held by digital asset exchanges. The south east Asian country has also banned financial institutes from trading on bitcoin futures. In March 2018, the U.S. Securities and Exchange Commission said that it considers many cryptocurrencies to be securities and that security laws will be comprehensively applied to wallets and exchanges where necessary. Cryptocurrency regulation is usually themed around money laundering and funding of terrorism. A series of heists has not helped the cause of crypto, with victims clamoring for governments to wade into the chaos in messianic garb. Exchanges have cautiously welcomed the governmental embrace, showing a break from crypto pioneers who maintained cynic detachment from authority. ‘Cryptocurrency Industry Has Moved On’ Speaking to Australia’s public broadcaster ABC, CMC Markets’ chief market strategist Michael McCarthy said the industry has moved on from its pioneers’ autonomous fundamentalism and is now seeking regulation and safety. Independent Reserve, the Australian digital asset trading platform, has also cited regulation as a requisite for bringing cryptocurrency into the mainstream, according to its head, Adrian Przelozny. Although virtual currency was conceived as an anti-authority invention where unmediated business is conducted peer-to-peer, lack of internal controls, requiring users to utilize their own discretion, has been exploited by those with criminal motives. For example, in 2018, more than 6,000 crypto-related scams, totalling losses of more than $9.5 million, were reported to Australia’s competition regulator. Investment scams, particularly deceptive marketing of initial coin offerings, and hacks running into millions have made customers vulnerable. Across the crypto universe, this all bundles into a disarming pretext for state control. The current direction

12 days ago

Is Jack Dorsey Drumming Up Support for Bitcoin Because Lightning Network is Square’s End Game Move?

Good news is Jack Dorsey, a serial innovator and a renowned Silicon Valley entrepreneur is a Bitcoin believer. He owns a bunch of these world’s most valuable scarce coins. Jack Dorsey as we know is a behind Twitter, whose market valuation is more than that of Ethereum and XRP combined at $25.75 billion. The innovator is also behind Square, a megalith with a $29.75 billion market cap. Even though his social media company banned users from posting crypto related adverts, he is an ardent fan of the censorship resistant coin. As a matter of fact, he’s strongly convinced that in ten years, BTC will be a global currency. On numerous occasions, he has reiterated is stance and optimism on crypto. Once during an interview with the Times and most recently when he was interviewed in a podcast. Jack, being a personal investor in BTC, anchors this rapid ascendance as a choice currency for micro-payment on his investment. The Lightning Labs Connection Together with David Sacks, Charlie Lee, Kevin Hartz and others they funneled $2.5 million to Elizabeth Stark’s Lightning Labs. This joining of forces had David Stacks excited and shortly after this was made public, he said Lightning Network is “one of the most important projects in crypto overall adding that he is excited to be an investor”. With the guidance of Stark, Lightning Labs is working off Lightning Network (LN). LN is a scaling solution that takes transaction off the main chain for the sake of speed, scalability and above all micro-payment. Because of this, LN—although novel, re-introduce trust and would likely lead to centralization—through hubs. All the same, there are steps that have been take to guarantee security like the introduction of multi-hoops routing and conditional payments, cryptographic proofs and time-outs now that payments must be made when both parties are online and using LN supporting Bitcoin wallets. Possible End Game—Square Support of Lightning Network As a force behind Square—which by the way supports buying and selling of Bitcoin, is Jack Dorsey drumming up for Bitcoin because he has interest in Lightning Network. Note that one of the LN works around central hubs and both parties must use a LN supporting wallet. With Square supporting fiat to BTC purchases and not vice versa, it is therefore sensible to speculate that Square will in one way or another act a custodial wallet for the LN. Jack, has interests in Lightning Labs and owns Square. Therefore, it is likely that Square will evolve into this centralized hub and make money not only from spreads—buying BTC, but from fees as a dominant hub from where users can open channels from. If anything, this is the only way for normal folks to pay for their coffee using BTC spurring adoption in the process. And their goals are not far-fetched. After all, Square’s network is wide with deep roots in the US. With Square acting as a custodial wallet—you can’t sell BTC for fiat in Square- and a possible hub, merchants will easily receive their BTC and because LN can process billions of transactions a second, more will be incentivized to join spurring adoption. Is this link possible? Let us know in the comment section below. The post Is Jack Dorsey Drumming Up Support for Bitcoin Because Lightning Network is Square’s End Game Move? appeared first on Ethereum World News.

12 days ago

Twitter CEO Jack Dorsey: Bitcoin is Most Likely to Become Internet’s Single Native Currency

CoinSpeaker Twitter CEO Jack Dorsey: Bitcoin is Most Likely to Become Internet’s Single Native Currency Bitcoin, just like most of the other major cryptocurrencies, has had a troubled start to 2019. Many analysts and commentators predict that the long-running Bitcoin bear market could run on well into most of 2019. However, not everybody is predicting gloom and doom for bitcoin. Co-founder and CEO of Twitter, Jack Dorsey, declared that he believes Bitcoin will become the internet’s native currency eventually. It is not the first time that Dorsey has endorsed Bitcoin. We reported earlier in 2018 when he stated that bitcoin would become the world’s ‘single currency.’ At that time, Twitter’s CEO stated that the developments of Bitcoin’s Lightning Network would solve the scalability issues. That would give the largest crypto by market capitalization a big boost. In another instance in 2018, we announced Dorsey’s wishes of hoping that the crypto would become internet’s native currency. Dorsey, who is also the CEO of payments processor Square, has repeated his prediction. He made the latest comments during an interview with American podcast host and comedian Joe Rogan published on Feb. 2. He said: “I believe the internet will have a native currency and I don’t know if it is bitcoin. I think it [bitcoin] will be; given all the tests it has been through and the principles behind it, how it was created. It was something that was born on the internet, that was developed on the internet, that was tested on the internet...It is of the internet.” Bitcoin and Square Since 2014, Dorsey’s San Francisco-based Square has supported bitcoin transactions. It started by allowing merchants to accept the crypto. Later, it added BTC trading to its renowned Cash App early last year. Users can send the digital currency to one another via the platform. Dorsey said: “The reason why we enabled the purchasing of BTC in the Cash App is that we wanted to learn about the technology, and put ourselves out there and take some risks.” Within ten years since its launch in 2009, Square has transformed into a $29 billion digital payments giant. It is also gradually becoming the go-to platform for users to receive and send money and also buy Bitcoin. Dorsey announced on February 3 that Square Cash/Cash App became the 2nd most popular free mobile application on the Apple App Store. In the first quarter of 2018, Square made $34.1 million from selling bitcoin. However, it cost the company $33.9 million to buy the tokens. Thus, they made approximately $200,000 in bitcoin-related profit. By the third quarter of 2018, revenue surpassed $43 within that period. Dorsey stated that bitcoin is still his token of choice to become the internet’s native currency saying: “The world ultimately will have a single currency; the internet will have a single currency. I personally believe that it will be bitcoin ... This can happen probably over ten years, but it could go faster.” Bitcoin Adoption Dorsey said that some of the major banks are considering bitcoin. These financial institutions ‘love’ blockchain due to the efficiencies it can create for their business models. Also, they see the technology in potentially new business lines. However, the technology is threatening some services behind, governments, financial institutions, and banks. The internet is transitioning into a system where any data that is created will be online permanently. Blockchain will help with that. The decentralized nature of blockchain is what drives its increasing adoption across various industries. Dorsey believes that BTC will become the native crypto of the internet. He also thinks that it will be adopted into the mainstream global financial systems in the future. Twitter CEO Jack Dorsey: Bitcoin is Most Likely to Become Internet’s Single Native Currency

12 days ago

Binance Launchpad to Host Yet Another Token Sale, Now It’s Time for Fetch.AI to Set Records

CoinSpeaker Binance Launchpad to Host Yet Another Token Sale, Now It’s Time for Fetch.AI to Set Records Lately, the crypto community has spoken a lot about the Binance Launchpad, extremely successful due to the launch of BitTorrent token, BTT. The demand for BTT tokens was so heavy that the sale was accomplished in just a matter of minutes. In less than 20 minutes, 59 billion BTT tokens were sold. Both sessions concluded. Took about 18 minutes, due to a system issue, would have taken 18 seconds otherwise. Demand was astronomical. — CZ Binance (@cz_binance) January 28, 2019 The sale was organized on the Binance Launchpad, a token sale platform run by the Binance exchange. Two simultaneous sales were run for Binance Coin and Tron. BTT investors could participate through two separate sale sessions, one for those paying with the token native to the Tron blockchain, TRX, and the other for those paying with Binance’s native exchange token, BNB. Each BTT token was valued at $0.00012. During the event, some technical difficulties took place, and if not these issues, the sale would have ended instantly. Full transparency. The issue experienced today was caused by the "user agreement confirmation" button caching/locking. Most of the stress tests focused on the buy process, this part was not covered thoroughly enough. The order of requests received was preserved. — CZ Binance (@cz_binance) January 28, 2019 The launchpad has probably experienced an overload, however, all the users who tried to buy into the ICO but failed were promised to be given BTT tokens for free. Very soon, Binance will have another chance to demonstrate its work. Fetch. AI Token Sale On February 25, Fetch.AI token (FET) sale will take place. This event will be run on the Binance Launchpad. The exchange stated: “Binance Launchpad will commence the Fetch.AI (FET) token sale at 2019/02/25 2:00 PM (UTC). The token sale will accept BNB and have one session only.” The Fetch.AI project is a combination of blockchain and artificial intelligence. Fetch.AI aims to create an entirely new economy that is based on autonomous agents. As the developers explained, Fetch.Ai is a kind of world where “a collective super-intelligence actively delivers answers to you: a world where information that benefits you and information that might benefit you is delivered effortlessly.” Humayun Sheikh, the CEO of Fetch.AI, said: “Today’s internet is built for e-commerce solutions but the new web needs to enable more autonomous solutions and this requires building the infrastructure and tools to make it deployable. Fetch.AI is building the deployment infrastructure, which brings the new AI-based autonomous machine economy to life.” The total supply of FET will make up 1,152,997,575 tokens. The price per token will be announced on the day of the launch and set in Binance Coin (BNB). The token sale is scheduled to end before March 2, 2019. About Binance Launchpad Binance Launchpad is the exclusive token launch platform of cryptocurrency exchange Binance. Its goal is to help blockchain projects raise funds and gain access to a more extensive network of supporters throughout the crypto sphere. Providing access to over ten million users, Binance Launchpad also helps projects by providing mentorship and business advice. Since the bear market of January 2018, Launchpad hasn’t promoted any new projects. But the recent events, like BTT token sale, show that Binance is bringing back its trust in the ICO fundraising option. The upcoming Fetch.AI sale is also an indication that faith in ICOs may be restored. Whether Binance will manage to do that or not, we will see very soon. Binance Launchpad to Host Yet Another Token Sale, Now It’s Time for Fetch.AI to Set Records

12 days ago

Crypto Market Wrap: Motionless Monday as Markets Plateau

Market Wrap Crypto market immobile on Monday; most majors falling back, only Tron survives. Crypto markets have been rather lethargic over the weekend and that lethargy has extended into Monday morning. There has been no attempt at recovery and total market capitalization is still painfully low at below $115 billion. Bitcoin has floated around the $3,470 level for the past couple of days with no attempts at pushing higher. BTC hit a low of $3,450 a couple of hours ago but hasn’t moved much since, remaining where it has been for the past few days. Ethereum is also weak and remains under $110 with a further loss on the day. XRP has suffered a little more but it remains over $1 billion ahead of ETH in terms of market cap. The top ten is a sea of red at the moment but movements are minimal. Tron is the only altcoin posting a minor gain of one percent but it is not enough to move from eighth place. Litecoin has managed to hold recent gains and sixth place with a marker cap over $2 billion. The rest are in negative territory but only by a fraction. The top twenty is equally immobile and the only direction is down for most of the altcoins. NEM is still sliding back following the negative news last week as it slides further down the charts. Most of the rest are pretty static during the day’s Asian trading session. There are no fomo induced pumps going on at the time of writing. The top performing altcoin in the top one hundred is Theta with a 6% gain. The situation is similar at the other end of the scale as Aurora drops 10% followed by Augur at 7%. Nothing else has changed since Friday. Over the past 24 hours total crypto market cap has not really moved so much. Markets dropped to an intraday low of $113 billion but things are back where they were the same time yesterday at just over $114 billion. Bitcoin dominance as remained above 53% and there is very little to report at the moment for cryptocurrencies. Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals The post Crypto Market Wrap: Motionless Monday as Markets Plateau appeared first on NewsBTC.

12 days ago

Bitcoin Capitalist, PlanB Confident BTC, Other Crypto Will Make Huge ROIs in Long-Term

The founder of Morgan Creek Digital Assets disclosed on Twitter today that holding 99 percent cash and 1 percent Bitcoin (BTC) in the last 10 years was a better investment choice compared to the biggest stock market bull run in history. Anthony “Pomp” Pompliano echoed PlanB’s shrewed review, even remarking that he anticipates digital currency to outperform stocks in the next ten years as well. 1% #bitcoin + 99% cash allocation beats S&P500 over last 10 years:- higher return- lower risk (!)- better risk/return, raroc etc- including: 3x bitcoin "crash" -80% (2011, 2014, 2017)- note: last 10 yrs was great for S&P500 (no -40% like 2002, 2008)#asymmetricbet #arbitrage — planɃ (@100trillionUSD) January 21, 2019 Better RTR Ratio In a tweet, PlanB stated that just a percent investment into bitcoin and 99 percent cash portfolio has outperformed the S&P 500 during the last decade - a period of time when prices soar on a financial market, otherwise referred to by finance experts as a “bull run”. According to PlanB, although bitcoin only outperformed the index by just a small percentage, the fact remains that crypto has a better risk-to-return ratio, though it has had its share of extreme bear markets many times and remains in its longest one ever, as of this posting. Price discovery stage Market players analyze the recent declines in the virtual currency and stock markets via the same scope and estimate a bitcoin bull run similar to those stock market traders enjoyed up to now. However, there are key contrasting distinctions to be wary about. For instance, research has shown that the latest crypto surge was hugely sparked by price exploitation which was magnified, to some extent, by investor reactions and the press itself. Furthermore, the availability of ready-to-download software like ‘Quatloo Trader’ allows investors to easily alter market prices. Tackling the emergence of the crypto digital wave, Mark Yusko, Pompliano’s co-worker and boss said that the landscape that surrounds bitcoin is undoubtedly erratic, as bitcoin and its key counterparts are supposedly in what analysts call a “price discovery” stage. Underscoring his company’s enduring fascination with digital money, Yusko later on asserted that crypto cash, like the popular bitcoin, will make huge returns, especially in a long-term projection. Is bitcoin and other crypto the future of investment. Tell us why in the comments below. The post Bitcoin Capitalist, PlanB Confident BTC, Other Crypto Will Make Huge ROIs in Long-Term appeared first on Live Bitcoin News.

12 days ago

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