TomoChain

TomoChain TOMO

$0.7917
Market Cap $ 59.807 MM (#156)
24h Volume $ 12.515 MM
Chg. 24h: -3.19%
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TomoChain News

@anuragpatni42 @amity3013 TomoChain provides frequent update...

@anuragpatni42 @amity3013 TomoChain provides frequent updates through different platforms with the latest news ever… https://t.co/FOQPFxdDXc

2 months ago

"With $TOMO/USDT available on @buyucoin, we hope to introduc...

"With $TOMO/USDT available on @buyucoin, we hope to introduce TOMO to new users while also making it more convenien… https://t.co/4BHkFU6gxk

3 months ago

@CryptoDick3 @buyucoin Powered by and secured directly throu...

@CryptoDick3 @buyucoin Powered by and secured directly through the TomoChain Masternode network, transactions on To… https://t.co/akBV23coMa

3 months ago

@Subzero2195 @buyucoin “Mining” $TOMO is actually the way yo...

@Subzero2195 @buyucoin “Mining” $TOMO is actually the way you stake TOMO that will continue to be a great source to… https://t.co/eq5gTXt1Nc

3 months ago

@gagah_nu_hollic @buyucoin 1. At the heart of TomoChain, the...

@gagah_nu_hollic @buyucoin 1. At the heart of TomoChain, the Proof-of-Stake Voting (PoSV) consensus enables TomoCha… https://t.co/3l92EoBywo

3 months ago

@agus_senger @buyucoin 1. TOMO means ‘friends’ in Japanese; ...

@agus_senger @buyucoin 1. TOMO means ‘friends’ in Japanese; ‘curiosity’ in Vietnamese; it can also be “tomorrow” in… https://t.co/VxoKZBiAL9

3 months ago

@CryptoDick3 @buyucoin A key direction is to integrate TomoC...

@CryptoDick3 @buyucoin A key direction is to integrate TomoChain into real-world apps that already have millions of… https://t.co/KWrDmVlYmO

3 months ago

@Ngentoss1 @buyucoin TomoChain also is working vigorously on...

@Ngentoss1 @buyucoin TomoChain also is working vigorously on building its ecosystem and has sealed many partnership… https://t.co/4kdUghvVNV

3 months ago

@CryptoDick3 @buyucoin 1. A system of 150 Masternodes with P...

@CryptoDick3 @buyucoin 1. A system of 150 Masternodes with Proof of Stake Voting (POSV) consensus helps TomoChain a… https://t.co/RpVaRgl9z4

3 months ago

@alorasandeep @buyucoin @tomochain @TomoDexOfficial @TomoDex...

@alorasandeep @buyucoin @tomochain @TomoDexOfficial @TomoDexOfficial offers - TOMO spot trading for 6 pairs: TOMO/U… https://t.co/Y5PGKLj94g

3 months ago

@bhuwankumar568 @buyucoin @tomochain @kynchaturvedi Addition...

@bhuwankumar568 @buyucoin @tomochain @kynchaturvedi Additionally, opportunities to use TomoChain to build other ser… https://t.co/Z37W1qeLpA

3 months ago

@bhuwankumar568 @buyucoin @tomochain This listing will defo ...

@bhuwankumar568 @buyucoin @tomochain This listing will defo open doors for TomoChain in India. Not long ago, our CB… https://t.co/4x54CRupHh

3 months ago

@kkk_sameer @buyucoin @tomochain A pair of $TOMO/USDT is ava...

@kkk_sameer @buyucoin @tomochain A pair of $TOMO/USDT is available on BuyUCoin. We hope to introduce Tomo to those… https://t.co/BVaWZNivIM

3 months ago

@samerreaddy @buyucoin @tomochain 3. TomoChain solves the pr...

@samerreaddy @buyucoin @tomochain 3. TomoChain solves the problem of meta transactions which create a slower and mo… https://t.co/eDAN7FhHXd

3 months ago

@tarunkhajur1 @buyucoin TomoChain has been and will continue...

@tarunkhajur1 @buyucoin TomoChain has been and will continue to do our best to provide a great set of products & dr… https://t.co/y9iWQl8xuh

3 months ago

TomoChain's staking rewards offer an average 6.5% annual ret...

TomoChain's staking rewards offer an average 6.5% annual return for participating in their TomoChain ecosystem - th… https://t.co/iIYsOERtqF

3 months ago

We’re thrilled to announce that TomoChain (TOMO) is now list...

We’re thrilled to announce that TomoChain (TOMO) is now listed in our Marketplace. Metal Pay users can now buy an… https://t.co/stRoJHsLxU

3 months ago

Activity 2⃣Lucky Swappers with 3000 TOMO 💰 🚩Deposit with the...

Activity 2⃣Lucky Swappers with 3000 TOMO 💰 🚩Deposit with the required volume of native tokens using #TomoBridge 🚩60… https://t.co/AYYW9Vku48

4 months ago

The latest version of TomoChain profile by @BinanceResearch ...

The latest version of TomoChain profile by @BinanceResearch is released. 👉https://t.co/73f6O1DrCE Follow… https://t.co/Qp66Qezkgt

4 months ago

Once you successfully wrap $BTC, $ETH & $USDT via TomoBr...

Once you successfully wrap $BTC, $ETH & $USDT via TomoBridge (https://t.co/VDIqgYahPh) to trade on TomoChain DEXs,… https://t.co/83c7X99jrg

4 months ago

#TomoChain Cheat Sheet #2: "Masternodes on TomoChain - The f...

#TomoChain Cheat Sheet #2: "Masternodes on TomoChain - The first basic notes for newbies" is out! 🌸 What role does… https://t.co/aNZekC3EZn

5 months ago

@QuyenCao11 Along with staying safe for our own and society'...

@QuyenCao11 Along with staying safe for our own and society's safety, TomoChain continues with our working tasks. I… https://t.co/6mIKyD0IqC

6 months ago

@QuyenCao11 TomoChain acknowledges the crucial pandemic and ...

@QuyenCao11 TomoChain acknowledges the crucial pandemic and the effects it is causing the world. Each and every ind… https://t.co/Tj0Ig5NpZq

6 months ago

@DYAH14767131 3/ A key direction for us is to integrate Tomo...

@DYAH14767131 3/ A key direction for us is to integrate TomoChain into real world applications that already have mi… https://t.co/wNAOYU0yiU

6 months ago

Thanks @ATokenOfficial for listing $TOMO! 🎁 TomoChain will ...

Thanks @ATokenOfficial for listing $TOMO! 🎁 TomoChain will be launched on AToken Wallet. The following features wi… https://t.co/Q8T6QdboFq

7 months ago

#SpillTheT Q: Does TomoChain Pte have resources or plan to h...

#SpillTheT Q: Does TomoChain Pte have resources or plan to have resources in the future to either help entrepreneur… https://t.co/4n0rEfmeUE

8 months ago

Our partner @KambriaNetwork would like to invite TomoChain c...

Our partner @KambriaNetwork would like to invite TomoChain community to join the #KambriaCodeChallenge, where you c… https://t.co/rJg6S6eVS9

9 months ago

1/ @IncognitoChain officially supports private TOMO transact...

1/ @IncognitoChain officially supports private TOMO transactions. A bridge between TomoChain and the Incognito side… https://t.co/26cvKrT21b

10 months ago

We are delighted to announce TomoChain - @NEO_Blockchain’s f...

We are delighted to announce TomoChain - @NEO_Blockchain’s first collaboration: Joint Meetup & Workshop, hosted in… https://t.co/EaKf9pJzFb

10 months ago

To stress-test our newly launched #TomoX Public Testnet, Tom...

To stress-test our newly launched #TomoX Public Testnet, TomoChain opens Extreme Dex Challenge, 14,000 $TOMO to Giv… https://t.co/LOVHb2iR7f

10 months ago

$TOMO October Recap! October marks a non-stop working mont...

$TOMO October Recap! October marks a non-stop working month for TomoChain with constant updates on products, even… https://t.co/fYqzcnAR8I

a year ago

To celebrate @FTX_Official listing $TOMO futures & lever...

To celebrate @FTX_Official listing $TOMO futures & leveraged tokens, we give away 5000 TOMO to 500 winners to start… https://t.co/iHxWZlw1EH

a year ago

Thank you @FTX_Official for officially listing $TOMO 🙏 The ...

Thank you @FTX_Official for officially listing $TOMO 🙏 The first exchange to allow $TOMO fans to trade TOMO future… https://t.co/s8tgJH5DBq

a year ago

Binance Announces TOMO Trading Competition in Which 580K TOMO Tokens Are Being Given Away

Binance has announced a TOMO trading competition in which 580,000 TOMO tokens are being given away to users of the exchange. The contest is in anticipation of the upcoming launch of the Tomo X Protocol Testnet, according to the announcement. The competition will run from Oct. 29 through Nov. 5. The promotion has two parts, one of which is a "10% Lifetime Trading Fee Discount For New Registered Users." The second part is the TOMO trading competition. To qualify: "All users will be ranked in terms of the total TOMO trading volume traded on their Binance account (including both Buys and Sells) across all TOMO trading pairs during the competition period." (CJ)

a year ago

Report: Ethereum (ETH) DeFi Dapps Dominated in the Third Quarter

Dapp.com (DAPPT), one of the leading dapp data and distribution platforms, recently published its Q3 report, detailing the previous quarter’s decentralized application landscape. According to the report, dapps built on six blockchain platforms, Ethereum (ETH), EOS (EOS), TRON (TRX), Steem (STEEM), TomoChain (TOMO), and IOST (IOST), saw a total of $2.03 billion in transactions in

a year ago

Chainlink [LINK] Price Surges by 18.05% in 24 Hours; Up 33% in a Week

Chainlink’s price has recorded gains of 33% in this week. The monthly figures and the yearly figures are also quite impressive and stand at 29% and 568% respectively. A Look At Price Charts Source- CoinMarketCap LINK price is showing positive price trends for the past two weeks. Considering the weekly trading chart the coin has gained a strength of 20.12% rising from $ 2.02 on the 2nd of October. Source- Trading View The coin is up by 18.05% in the 24 - hour chart. Price shows immediate support at $2.43 and the prices will increase further if it manages to break resistance at $2.8. Source- Trading View If the LINK/USD pair manages to sustain above $ 2.67, the next level to watch will be $2.984. After which the price is likely to pick up momentum. However, the pair may stay range-bound if the bulls fail to sustain the price above $2.7231. Technical Indicators Relative Strength Index (14)- 79.99317 Stochastic %K (14, 3, 3)- 93.94159 Commodity Channel Index (20)- 226.21438 Momentum (10)- 0.99639 MACD Level (12, 26) - 0.16512 Exponential Moving Average (5)- 2.42695 Simple Moving Average (5)- 2.36514 Exponential Moving Average (10)- 2.22407 Source- Trading View Developments on the Platform Recently, Chainlink presented the Trusted Compute Framework (TCF). The framework will bolster enterprise Blockchain adoption. Also, the advent of the TCF will solve scalability issues by executing the computation off-chain. The company’s blog post states, Off-chain smart contract processing is more efficient than traditional blockchain transactions because it does not require replicated execution at each blockchain node. Also, in a recent development, TomoChain integrated Chainlink Oracles to deploy Data-Driven Smart Contracts. The integration will help TomoChain to get real-time information. This, in turn, will also contribute towards TomoChain’s decentralized nature as it will allow developers to consume and transmit oracle-obtained data between smart contracts and run independently as node operators. Meanwhile, the LINK price is up by 18.05 % over the last 24 hours, reaching its highest level since August. It is yet to reach its all-time high of $4.05 recorded on the 30th of June. Will the LINK price soon reach $4.05? Will it establish a bottom before surging further? Let us know what you think in the comments below! The post Chainlink [LINK] Price Surges by 18.05% in 24 Hours; Up 33% in a Week appeared first on Coingape.

a year ago

Good News For TRON Enthusiasts As TRX Dethrones Cardano To Become 11th Largest Cryptocurrency

Tron (TRX) is now the eleventh-largest cryptocurrency with a $1.13 billion market cap. After swimming in a blood bath for quite some time, the Justin Sun brainchild is showing signs of recovering. This comes on the heels of a great mention of Tron by DApps-centric analytics firm Dapp.com. On top of that, TRX could soon be on McAfee’s new decentralized exchange McAfeeDEX. As for Sun’s lunch with Warren Buffett, the Tron founder recently rekindled the hopes of it finally happening. Meanwhile, TRX is trading at $0.017484 with 6.21% gains on the day. Dapp.com Q3 Report: Tron Is The Largest Blockchain Platform Launched After 2017 In the report recently published, Dapp.com assessed DApps built on Ethereum, Steem, EOS, TomoChain, and IOST blockchains. EOS seemingly has the highest retention rate of 40% from Q2 in comparison to 5% and 15% for ethereum and TRON respectively. Tron has added 500,000 new users in Q3, making the blockchain the largest DApp platform launched after 2017. Justin Sun noted this great news on his Twitter account. TRON On McAfeeDEX On October 4, computer engineer, crypto advocate, and US Presidential aspirant John McAfee announced the launch of McAfeeDEX, which he promised will be fully decentralized and private. McAfee eventually launched the beta version of the ethereum-based exchange on October 7. Per information on its official website, McAfeeDEX will not require customers to provide any personal information like bank details, emails, or documents. Besides being available for everyone, there will be no restrictions, listing fees, and nothing will be monitored. In short, McAfeeDEX bears some semblance to other decentralized non-custodial exchanges like EtherDelta and IDEX. Here’s the key differentiating factor. McAfee noted that McAfeeDEX will have shared liquidity. In other words, all the McAfeeDEX portals will have access to all trading information passing through other portals as well as the DEX. With this feature, the platform will be accessible from several hosts and locations. Surprisingly, the news appeared to be bullish on Tron (TRX). McAfee tweeted confirming that McAfeeDEX is “coming” to Tron caused a five percent surge in TRX. Lunch With Warren Buffett To Be Rescheduled ‘Very Soon’ In late September, Justin Sun confirmed during a live stream that he is rescheduling the charity lunch with crypto-skeptic billionaire Warren Buffett. In the live stream, Sun noted that the lunch will be rescheduled “very soon” after having some discussions with Warren Buffett’s team, adding: “I think it’s gonna happen and I’m excited about it. But the details I think we can release in Q4, so just stay tuned.” As ZyCrypto reported, Sun paid top dollar to attend a luncheon with the CEO of Berkshire Hathaway Warren Buffett and a guest list of his choice. Justin had even extended an invitation to the United States President Donald Trump. Yet, a few days before the hotly-awaited lunch, Sun postponed the event, citing his affliction with kidney stones. Shortly afterward, he apologized for over-marketing the lunch. Sun’s hanky-panky seriously bruised the price of TRX. To add salt to injury, the coin dropped to the 14th position in coin rankings at some point. At the moment, TRX is notably the biggest winner among the top 12 cryptocurrencies. This surge definitely comes as a relief for TRX investors and traders who have had their fair share of bearish cycles this year. The post Good News For TRON Enthusiasts As TRX Dethrones Cardano To Become 11th Largest Cryptocurrency appeared first on ZyCrypto.

a year ago

TRON Hits Another Milestone, Adding 500K Users In Q3 Alone Pushing Total Addresses To 3.7 Million

Justin Sun, Tron’s lead, today shared a report by Dapp.com, which showed that the platform added 500,000 users in quarter 3 of 2019 alone — pushing the total number of addresses on the mainnet over 3.7 million. This feat ranks Tron the second most used ecosystem after Ethereum. TRON; The Second Largest Blockchain Ecosystem Today Since 2019, Tron has made steady growth. The project was established during the 2017 hype but did not launch its mainnet till May 2018. Ever since the mainnet launched, the platform has continued to see steady growth. This growth can be attributed to the project’s leader carrying his community along with every move - especially on acquisitions, partnership deals, etc. As per the report, Dapp.com compared six mainstream blockchains - Ethereum, EOS, TRON, Steem, TomoChain, and IOST. However, The Tron platform, according to Dapp.com’s, was the second most active ecosystem between July and September of 2019. It was also revealed that a total number of 47 Dapps were launched, bringing the number of active Dapps in this quarter to 299. The report also records a total volume of $462 million for Tron during this same time period. Justin Sun Called A “Hype Man” Despite this impressive achievement, as revealed by Dapp.com, some members of the community claim that Justin Sun lies about dApps usage. One many Twitter users, @CincinnatusBTC, who claimed Justin Sun lied about this new feat, shared an unconfirmed conversation among Tron dapp developers. In the conversation, it’s revealed that Justin Sun “inflates numbers on his own trondice and trx.markets dapps.” Another user, @jeffreyrufino, while throwing shades at Justin Tron says; “More fake users from Chinese server farms.” However, some other members congratulated the founder for his remarkable work on Tron and the recent milestone hit. They also hope that the platform continues on its part to success. The post TRON Hits Another Milestone, Adding 500K Users In Q3 Alone Pushing Total Addresses To 3.7 Million appeared first on ZyCrypto.

a year ago

Study: DApp Transaction Volumes, User Base Slump in Q3 2019

Decentralized applications’ (DApps) transaction volume and user activity have slumped in the third quarter of 2019, a new study shows. DApp.com — an analytics platform for DApps built on Ethereum, EOS, Steem, Tron, TomoChain, IOST and Blockstack — revealed its recent findings in a news release shared with Cointelegraph on Oct. 7. An overall market assessment showed that DApps built on the six aforementioned blockchains reported a total transaction volume of $2.03 billion in Q3, down 40% compared with Q2. Only 36% of the DApp users from Q2 used DApps at least once in Q3, which also indicates a notable drop. Ethereum, Tron and EOS DApp performance Although Ethereum DApps’ performance was generally steady when compared with the other blockchains, most of the active users in Q2 reportedly did not use any Ethereum DApps in Q3. Both Q2 and Q3 saw 80,000 Ether (ETH) holders using DApps. EOS had the highest user retention among all reported blockchains, with 40% of old EOS DApp users being involved in Q3, while Ethereum and Tron reported 5% and 15% respectively. At the same time, the number of mainnet accounts and new DApp users for EOS showed the slowest growth in Q3, compared with Ethereum and Tron. Tron has reportedly kept its position as the second-most popular blockchain to build DApps, following Ethereum, and the largest blockchain platform launched after 2017. Tron experienced a 500,000 user growth on the mainnet in Q3. DeFi application performance The study indicates that decentralized finance (DeFi) apps reported over $525 million in growth in Q3, with Ethereum-based DeFi apps contributing more than 88%, or 132,000 users, of the total volume in the finance sector. The report further states: “500,000+ new users access to dapps in Q3. Over 138,000 (27.6%) of them started picking up dapps for Finance services and over 170,000 (34%) of them were bought into space by Gambling dapps.” According to crypto analytics firm Diar, Ether volumes on DApps registered a new high in May, but new DApps coming on-chain were significantly low. At the time, it marked a four-month growth trend in on-chain volumes, with 776,000 ETH transacted.

a year ago

DApps Out, DeFi In: Dapp.com Publishes Q3 Report

DApps are only gaining traction slowly - and in some cases losing ground - but DeFi may accelerate the use of blockchain. That’s the TLDR of Dapp.com‘s Decentralized Application Trends Report for Q3 2019, released today. The report highlights several worrying trends for dApps in the third quarter, which posted significantly lower figures than the previous period. The report analyzed dApps on six platforms it deemed to be mainstream, which included Ethereum, EOS, Steem, TRON, TomoChain and IOST. Total transaction volume over this period added up to $2.03 billion, which may seem like an impressive number, but is actually a 40% drop compared to Q2. DApp developers also seem to have taken a few chill pills: while in the first half of the year they averaged creating 164.6 new dApps every month, in the three months of Q3 they released less than 150 per month. Users have likewise cooled off, with only 36% of Q2 dApp users having used them even just once in Q3. While these are discouraging statistics, it may be a growing pain on the path to something greater. Compared with the 2018 report, we see much less of a dominance for gambling and pyramid schemes - and more of sound Decentralized Finance. Ethereum Leads the DeFi Race Where one buzzword falls, another one takes its place. Decentralized Finance has seen huge growth in Q3, and the vast majority was picked up by Ethereum. Over $525M passed through DeFi services this quarter, and Ethereum accounted for 88% of the total volume. A distinction can be seen even in ETH-only stats, where finance accounts for a much larger proportion of its volume than for other blockchains. DApp volume on Ethereum by Dapp.com DeFi, exemplified by projects such as Maker, InstaDApp, and Nest, has been largely dominating the volume charts this quarter. The sharp increase of the High-risk category (a more polite version of scam) is likely attributable to the FairWin Ponzi scheme that played out in September. Overall, DeFi seems to be gaining traction with new users, 27.6% of whom preferred dApps, compared to 34% for gambling. Speaking of which... EOS and TRON as the Digital Vegas Strip The dPoS blockchains produced some mixed accomplishments, with EOS achieving the highest user retention rate from Q2 of 40%, compared with Ethereum’s 5% and TRON’s 15%. Despite this, EOS’ overall growth has been the slowest among the top dApp blockchains, with fewer than 220,000 new accounts. TRON has performed comparatively well, adding 500,000 new users in Q3 that contributed to making it the largest dApp platform launched after 2017. But they are the least diverse in terms of dApp categories, with gambling comprising the majority of the volume: 63% for EOS and 86% for TRON. TRON dApp volume in Q3 Gambling is a relatively niche field. The global market size for gambling stands at around $450 billion, compared to $1.5 trillion for financial services in the U.S. only. Failing to diversify could leave the gambling platforms far behind their DeFi-friendly competition. The post DApps Out, DeFi In: Dapp.com Publishes Q3 Report appeared first on Crypto Briefing.

a year ago

Bitcoin Not A Security, Chainlink Surges, McAfee On Decks - Sorry, DEX

Today Bitcoin has recovered slightly, but the struggle continues. Altcoins are looking much better, as XRP, TRON, ADA and LINK post sharp gains. A full commentary on Bitcoin is below. SEC officially states that Bitcoin is not a security - yes, we know. In a letter addressed to Cipher Technologies, an asset management firm seeking to create a Bitcoin fund, the regulatory agent quelled any possible debate on whether Bitcoin could be a security. The verdict is a resounding ‘no’, with the SEC arguing that it lacks a distinguishing feature of a security outlined in the Howey test. “We do not believe that current purchasers of bitcoin are relying on the essential managerial and entrepreneurial efforts of others to produce a profit,” the regulator explains. Classifying BTC as a security would also open a Pandora’s box of legal consequences, due to its previous history. “For example, bitcoin would be an unregistered, publicly-offered security, and, among other things, it potentially would render the proposed fund an underwriter of bitcoin.” the SEC continues. The news is not a particularly ground-breaking development and is unlikely to have affected markets, as Bitcoin was rarely involved in any of the debates surrounding the issuance of tokens. SEC representatives frequently stated in interviews and hearings that the agency did not consider Bitcoin a security. This also confirms the classification made by Crypto Council Rating, the Coinbase-led consortium of U.S. exchanges, which has now been proven correct twice - both Bitcoin and EOS have turned out as predicted. But while the news may be considered positive for cryptocurrencies as a whole, it is a heavy hit for Cipher. The letter slammed its proposal for a Bitcoin fund for using the security-specific N-2 Form, putting a hold onto a proposal that is pending since at least January 2018. Chainlink continues DeFi-fueled surge The LINK token is one of the top performers today, with a sudden 9% surge that contributed to a +33% weekly performance, by far the highest of any top cryptocurrency. The run is likely due to a combination of positive fundamental drivers. Three separate partnership announcements were announced last week, with TomoChain, Parallel Markets and Cere Network all integrating Chainlink oracles in their blockchains. The week before that, the project also announced an integration with Binance API data. The reason behind the latest surge could be anticipation for Mixicles. As explained in the Chainlink blog, they allow to increase the privacy of an oracle-based smart contract by separating the internal state change from the inputs and outputs of the operation. The feature is “very close to being live on the Ethereum Mainnet,” and will be a game changer for enterprise adoption, according to the company. The timing of the news is somewhat off, as the post was released on Friday. Nevertheless, the plethora of announcements are enough to explain continuous interest and hype about LINK, propelling its surge. McAfee Strikes Back In a sudden marketing campaign developed over the weekend, the infamous John McAfee announced the launch of McAfeedex, which he promises to be a fully decentralized and private cryptocurrency exchange. The exchange is poised for launch in a few hours, with McAfee urging people to try it out - although, this is from a guy who snorts bath salts and claims to live on a boat as a fugitive from justice, so #DYOR. .https://t.co/1vUQ6AHHyE.Decentralized. Distributed. Open source.No listing fees. No personal information. 0.25% taker fees. No maker fees. No deposits. Smart contract assurance - trustless. All Ethernet based tokens. EOS, Neo, and more coming soon. How did we do it? pic.twitter.com/AN8TZ02UAO — John McAfee (@officialmcafee) October 6, 2019 The news appears to have had an influence on TRON, of all things. A tweet confirming that the ETH-based DEX is “coming” to TRON has possibly triggered TRX’s 5% spike today, as the buzz in its community spread. Who’d have thought the TRON community could be so easily manipulated? Nathan Batchelor on Bitcoin Bitcoin is attempting to hold the $8,000 resistance level as we head into U.S trading session, after the cryptocurrency endured losses of around five percent over the weekend, with only a slight recovery so far today. The recent decline in the BTC/USD pair found technical support from $7,750 level, with the cryptocurrency experiencing a bounce after sellers failed to break through the current monthly trading low. Today I would like to discuss some key technical developments that have emerged since last week and also discuss a high-impacting fundamental news release that could negatively or positively impact the BTC/USD pair later this week. Firstly, data from various brokerages in the retail sector are showing that BTC/USD long positions are dropping. Positioning data shows a notable drop to 65% net long BTC, from 82% net long BTC, just last week. Why should we pay attention to

a year ago

Chainlink [LINK] up by 9.2% in a Bearish Market

Despite the top coins showing a price decrease, Chainlink is up by 9.20%. It is trading at $2.18 at press time. LINK Headed Towards a Price Rise While the crypto market continues to struggle in the bear market, LINK price for the past two weeks has shown positive trends. Also, the previous month on September 7th, LINK was trading at $1.81. From there the coin first showed a bounce-back of 1.55%. If we take an account of the weekly trading chart, the coin gained strength of 12.27% rising from $1.71 on September 30th. Yesterday, the coin first declined by a margin of 2.23%. The coin shows immediate support at $1.97 and the prices will increase if it manages to break at resistance at $2.25. Source- Trading View Chainlink (Link) has recorded huge gains in the week recording gains of 25%. If the LINK/USD pair manages to sustain above $2.0531, the next level to watch will be $2.8498. Subsequently, it is likely that the price will pick up momentum. However, the pair may stay range-bound if the bulls fail to sustain the price above $2.0531. Source- Trading View Technical Indicators Relative Strength Index (14) - 67.79430 Stochastic %K (14, 3, 3) - 84.11250 Commodity Channel Index (20) - 182.33689 Momentum (10) - 0.51263 MACD Level (12, 26) - 0.06424 Exponential Moving Average (5)- 2.06568 Simple Moving Average (5) - 2.04634 Exponential Moving Average (10) - 1.97247 Source- Trading View Recent Developments on The Platform In a recent development, TomoChain integrated Chainlink Oracles to deploy Data-Driven Smart Contracts. The integration will help TomoChain to get real-time information. This, in turn, will also contribute towards TomoChain’s decentralized nature as it will allow developers to consume and transmit oracle-obtained data between smart contracts and run independently as node operators. Source- Twitter Also, Parallel Markets and Chainlink recently announced their integration to connect investor identity data to the Chainlink’s network. Source- Twitter Per the official announcement, The combination of Parallel Markets and Chainlink will enable individuals to become accredited through Parallel and then assert that accreditation on the blockchain using Chainlink. This will be a major step forward for companies and people building fintech solutions in the blockchain space that require knowledge of participant identity and/or accreditation status. Will bulls manage to sustain LINK price above $2.0531? Is LINK headed towards a bull run? Let us know what you think in the comments below! The post Chainlink [LINK] up by 9.2% in a Bearish Market appeared first on Coingape.

a year ago

LINK up by 9.2% in a Bearish Market

Despite the top coins showing a price decrease, Chainlink is up by 9.20%. It is trading at $2.18 at press time. LINK Headed Towards a Price Rise Source- CoinMarketCap While the crypto market continues to struggle in the bear market, LINK price for the past two weeks has shown positive trends. Also, the previous month on September 7th, LINK was trading at $1.81. From there the coin first showed a bounce-back of 1.55%. If we take an account of the weekly trading chart, the coin gained strength of 12.27% rising from $1.71 on September 30th. Yesterday, the coin first declined by a margin of 2.23%. The coin shows immediate support at $1.97 and the prices will increase if it manages to break at resistance at $2.25. Source- Trading View Chainlink (Link) has recorded huge gains in the week recording gains of 25%. If the LINK/USD pair manages to sustain above $2.0531, the next level to watch will be $2.8498. Subsequently, it is likely that the price will pick up momentum. However, the pair may stay range-bound if the bulls fail to sustain the price above $2.0531. Source- Trading View Technical Indicators Relative Strength Index (14) - 67.79430 Stochastic %K (14, 3, 3) - 84.11250 Commodity Channel Index (20) - 182.33689 Momentum (10) - 0.51263 MACD Level (12, 26) - 0.06424 Exponential Moving Average (5)- 2.06568 Simple Moving Average (5) - 2.04634 Exponential Moving Average (10) - 1.97247 Source- Trading View Recent Developments on The Platform In a recent development, TomoChain integrated Chainlink Oracles to deploy Data-Driven Smart Contracts. The integration will help TomoChain to get real-time information. This, in turn, will also contribute towards TomoChain’s decentralized nature as it will allow developers to consume and transmit oracle-obtained data between smart contracts and run independently as node operators. Source- Twitter Also, Parallel Markets and Chainlink recently announced their integration to connect investor identity data to the Chainlink’s network. Source- Twitter Per the official announcement, The combination of Parallel Markets and Chainlink will enable individuals to become accredited through Parallel and then assert that accreditation on the blockchain using Chainlink. This will be a major step forward for companies and people building fintech solutions in the blockchain space that require knowledge of participant identity and/or accreditation status. Will bulls manage to sustain LINK price above $2.0531? Is LINK headed towards a bull run? Let us know what you think in the comments below! The post LINK up by 9.2% in a Bearish Market appeared first on Coingape.

a year ago

Kyber Network Developers Explain How Protocol Can Enable Payment Flows And Be Integrated into Any Application

Shane Hong, marketing manager at Kyber Network, an on-chain liquidity protocol that enables the exchange and conversion of digital assets, recently shared his views and insights during a Dapp.com Developer Community AMA session. Anton Buenavista and Simon, both senior developers at Kyber Network, were also present during the Dapp.com AMA session. They helped answer questions related to Kyber’s future plans and talked about the new features of a decentralized finance (DeFi) dApp. Other topics of discussion included the implementation details of the Kyber Protocol and how to win $42,000 in prizes from the Kyber Virtual DeFi hackathon. Shane revealed that he helps to manage Kyber Network’s global community of more than 165,000 followers who’re active on Telegram, Twitter, Medium, Reddit, WeChat, and Facebook. When questioned about how the Kyber Network has been developed and what it does, Anton remarked: “Kyber Network is a protocol that can be integrated into any application. Using this protocol, developers can build ... payment flows and applications, including instant token swap services, token payments, and financial dApps.” Anton, a former engineer at the Intel Corporation, explained that KyberSwap is an in-house developed swapping service that has been created on top of the Kyber protocol. It allows users to easily swap from one crypto token to another, Anton noted. Shane explained that wallets such as Trust, Enjin, HTC Exodus, MEW can facilitate token swaps without actually having to leave the wallet environment. He further noted that vendors can accept payments in various tokens via their e-commerce platforms, and then receive the funds in their preferred token. Going on to share more details regarding Kyber, Anton said that the protocol’s Ethereum implementation only supports ERC-20 compliant tokens. He also mentioned that there’s an EOS (Yoloswap) and TomoChain (Tomoswap) version of the Kyber protocol. However, users can only trade EOS tokens if they’re using the EOS implementation and only TOMO tokens if they’re using the TomoChain implementation, Anton clarified. He said that developers are currently working on enhancing the protocol’s interoperability, so that users can perform cross-chain swaps from an EOS token to an Ethereum (ETH) token, and vice versa. In response to a question about what “reserves” are, Anton said it is a term used to refer to liquidity providers that offer liquidity to the network. He further noted: “Reserves are just smart contracts that hold inventory and facilitate liquidity. Reserve Managers, those who own these reserves, provide liquidity to the network by contributing a diverse range of tokens. Reserve Managers are comprised of a wide range of parties, from project teams looking to list their tokens, to professional market makers with customized trading strategies, and even developers looking to build new reserve types. We currently offer 3 types of reserves, each with its own unique set of features on how you want to provide liquidity to the network.” The reserves are needed in order to “trust” Kyber’s administrators. Explaining what users can do to pre-protect their reserves, Anton noted that it all depends on the type of reserve used. For example, the Fed Price Reserve (FPR) is “our classic reserve,” Anton said. He further explained: “You can use the maxPerBlockImbalance and maxTotalImbalance parameters, as well as sanity rates, to stop further buys or sells of the token. It’s a bit technical to describe it all here, so you can just check out our developer portal.” He went on to add: “For our Automated Price Reserve (APR), you can set the maximum buy and sell the amount of the token of a single transaction, as well as the price range for which the reserve should operate in. And finally, you can always customize the standard Kyber reserve contract to add in your own protections and safeguards.” Responding to a question about whether Kyber Network will offer support for blockchains other than Ethereum, Anton said: “We are positioning Kyber to be a protocol that can be implemented on any smart contract enabled blockchain. Right now, the protocol is deployed in Ethereum, EOS, and TomoChain. We are hoping to deploy the protocol in other major blockchains.” Currently, however, Kyber’s developers are busy completing the Waterloo project, which serves as a relay bridge between EOS and Ethereum, in order to enable cross-chain swaps in the foreseeable future. They also aim to improve liquidity within the Ethereum ecosystem itself, because the DeFi ecosystem is evolving rapidly with Ethereum-based protocols such as MakerDAO, among many others. When asked whether Kyber will support non-fungible tokens (NFTs), Anton remarked: “We are not looking into NFTs at the moment but may do so in the future. Maybe someone can build something to use the Kyber protocol for NFT support.” Shane noted: “Apart from EOS and Tomo, where Kyber’s protocol is already deployed, we’ve

a year ago

TomoChain was at Invest: Asia by @coindesk for 2 days with e...

TomoChain was at Invest: Asia by @coindesk for 2 days with exclusive interviews, meetups & events. Thanks for takin… https://t.co/V05NKdt5Yk

a year ago

@Forbes shared CEO @longvuong22’s perspective on how TomoCha...

@Forbes shared CEO @longvuong22’s perspective on how TomoChain opens the door to mass crypto adoption. #TomoChain i… https://t.co/4vpk5ZMlD0

a year ago

TomoChain Gaming Dappathon has officially closed down. The ...

TomoChain Gaming Dappathon has officially closed down. The fun begins now! $TOMO lovers & game enthusiasts, we n… https://t.co/pdH07SsqUf

a year ago

Listen to @longvuong22 explanation on how TomoChain creates ...

Listen to @longvuong22 explanation on how TomoChain creates a business experience without users knowing they are us… https://t.co/LyAp48bIz9

a year ago

TomoChain has officially joined @Binance_Info’s transparency...

TomoChain has officially joined @Binance_Info’s transparency initiative. By sharing project-related information suc… https://t.co/dvyjUMPr2R

a year ago

How TomoChain Conquers Scalability and Speed Challenges Faced by Other Blockchains, with Near-Zero Fees - CardRates.com

In a Nutshell: TomoChain is a new blockchain platform that resolves what CEO Long Vuong views as some of the technology’s main challenges to mass adoption. TomoChain demonstrates faster transaction times and more transactions per second than other leading blockchains, all with near-zero fees. The company is pushing for higher blockchain adoption levels by removing

a year ago


News courtesy of berminal.com
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