Back from the May 21, Ethereum has been taking a beating from Bitcoin. ETH price has been struggling big time. Since then, during the next 4 months Ethereum lost to Bitcoin 69% and bottomed out on the September 12. By observing the bottom of the current downtrend, that is BTC 0.0268, Ethereum cleanly rejected the 927.2% Fibonacci retracement level. What is more...
Gaming remains a multi-billion industry which is step by step moving onto the blockchain. This is a very slow process although it has begun. More and more games are being built on the blockchain and/or starting to adopt the technology in some way. Tron is one of the coins that is heavily involved in Gaming which is moving at a very high pace in that direction....
Yesterday EOS has been trading near $5.4, where it formed the support. But today it has experienced a fast decline, and throughout the day lost over 7%. EOS/USD reached $5.05 low today and after small retracement is trading at $5.15. It seems that after the fast price drop, there won’t be a fast recovery, especially after price broke below the descending channel....
The EOS mainnet, launched in June of 2018, that is able to handle around 1200 transactions per second with very low latency. This is the kind of performance needed for the required by banking grade software. EOS is trying to become a completely decentralized operating system, where large and corporate applications can be hosted. Main targets for the EOS are: 1....
On the 29th of April, EOS/BTC has reached an all-time high, hitting btc 0.00244. Since then price has been declining consistently, and on 22 August found bottom. After EOS has bounce off the support, the total loss to the Bitcoin was nearly 75%. The support at btc 0.000620 was confirmed by the 38.2% Fibonacci retracement level, applied to the uptrend trenldine...
Over the past few months Ripple has enjoyed a series of positive news. Most of them were around the XRapid, that is faster and cheaper payment solution. With xRapid, money can be transferred between banks almost instantly, with XRP cryptocurrency being intermediary. Funds can be transferred with the local currency and then exchanged to the XRP, that is before...
Cardano accumulation is coming to an end Several days ago, on the October 23, Charles Hoskinson ( Input Output hong Kong co-founder) twitter an announcement. It the twit he stated that by the end of the month Cardano will be supported on Trezor hardware wallet. The steps that Cardano is making towards the funds security seems very reasonable. This way ADA holders...
A trusted cryptocurrency news source in China - CnLedger, has reported that merchants can now legally accept cryptocurrency as a method of payment. This seems to be huge news for Bitcoin and cryptocurrency space is general. Just imagine the price of BTC if China will move from fiat currency to cryptocurrency? At the same time perhaps question is not “if” china...
According to anonymous source, next week Bakkt could get approval to launch its physically-delivered Bitcoin futures product from U.S. Bakkt is an Intercontinental Exchange platform, seeking to create a “regulated ecosystem” for institutional investors. If regulators will approve the project, Bakkt will start launching Bitcoin (USD) daily futures contract for...
Yesterday, Power Ledger has introduced Asset Germination Events via Twitter: twitter.com Asset Germination Events is a Power Ledger’s token (AGE), which aims to offer a way for anyone to invest in renewable energy generation. Currently, someone with less than USD 2,500,000 can’t get his own wind farm or a solar farm. This makes an average, or in other words...
Today ZCoin announced the release of Merkle Tree Proof, a new Proof-of-Work algorithm which will be activated on the December 10. This POW is designed to fight against cryptocurrency mining centralization like ASIC farms. The aim is to level the playing field between people with huge amount of computing power (such as mining farms) and those with little...
Following past months of development, Monero was preparing for a major upgrade, which yesterday was successfully activated. So what is the upgrade all about? On the 18 October, Monero has implemented a Bulletproffs protocol, which is an advanced technology that makes any blockchain more efficient, cheaper, faster and more scalable. This method for sending private...
Recent rumors are that BAT might get listed on Coinbase, as was mention in the Coinbase report. In the report, it was mentioned that some cryptocurrencies like Basic Attention Token, Stellar and Cardano might be considered for addition in the Coinbase listings. On the 11 October, 0X has been added to the Coinbase and since then price is up by over 30% against the...
Following the Binance announcement made on the 11th of October (twitter.com), that RavenCoin will be added to their listings on the October 12, RVN/BTC uptrend has begun. Price surged from 220 up to the recently established all-time high, reaching 824 satoshi. In 10 days Ravencoin has outperformed the Bitcoin by 333%, which is an amazing growth in a very short...
The attention of the Ethereum community has been massively focused on the upcoming update called “Constantinople”. This is a huge step for the Ethereum blockchain, as the Constantinople was meant to bring a variety of upgrades, which were expected and needed. On 13 October 2018, Constantinople was put on the testnet, but failed to work. While it is unclear if it...
On the 28 September 2018, Stellar has launched the zero-fee cryptocurrency exchange StellarX, which was announced by StellarX co-founder Christian in his Medium post. Let’s look a little into the “zero-fee” claim. In reality, StellarX charges 0.00001 XSL per transaction. However, these fees are being refunded to users once a week, that makes a “zero-fee” claim...
Yesterday, on the 17 October, QTUM has announced a partnership with Amazon Web Services (AWS). The goal of this partnership is to establish Blockchain-as-a-Service (BaaS) through AWS. This partnership could be huge for QTUM as AWS users as well as developers will be able to develop and run smart contracts through Amazon Machine Image. These services will be...
On the 10 October, Blockstream has announced that the “Liquid Network” is now live. Blockstream’s first Liquid network is the bitcoin side-chain with almost 23 members. Those members are top rated exchanges, which are capable of undergoing multiple BTC transaction as an extremely high speed. Currently there are only 23 members; however more are expected to be...