Venezuela update. 446 BTC were traded using LocalBitcoin last week, buying BTC with Bs. and selling BTC for Bs. (Bolivares, Venezuelan "official" currency). These 446 BTC were 1,482,000,00,000 Bs. (Bolivares, ATH). One BTC is around 3,650,000,000 Bs. Monthly minimum wage is around 2.5 USD
- CipherTrace Scout App Takes Crypto Investigations Mobile: Federal agents want to move their tracing ever deeper. In a pre-solicitation document at the end of last year, the Department of Homeland Security mulled the feasibility of tracing privacy tokens, which confound easy research with complex security. Technologies such as CipherTrace and Chainalysis now pervade law enforcement agencies across the country. (Yahoo) - Jevans in potdast "Discusses Latest Research Findings" (link). One goal is to prevent sanctioned countries from from avoiding sanctions by using crypto. - US Regulator Zeroes in on Binance Chain as SEC Awards Monitoring Contract to Ciphertrace: SEC says it has chosen Ciphertrace because “its products are the only known blockchain forensics and risk intelligence tool that can support the Binance coin (BNB) and all tokens on the Binance network.” (News BTC) - The Government Wants Your Crypto Data. And Lots of It. (Context of activities like those carried out by Cipher, named as one, and other companies doing the same) (Mines) - While the tool can track stolen or illegal funds, CipherTrace plans to add more features, such as wallet identification and exchange attribution. But the private nature of Monero makes the tool unable to give a 100% guarantee on the data. When asked about whether the tool can trace the identity of the individuals, Jevans said they have not done that at CipherTrace. "We don’t identify individuals, he said. That task belonged to the law enforcement, Jevans added. (IBTimes) - Regarding the regulation recently instated in EU privacy law (GDPR, implemented to protect the privacy of individuals) Mr Jevans said: “GDPR will negatively impact the overall security of the internet and will also inadvertently aid cybercriminals. (Express Co UK)
Cryptocurrency technical analysis: cryptocurrency assets began the rally
Cryptocurrency technical analysis: cryptocurrency assets began the rally Top crypto assets have been in an uptrend this week. One of the reasons for the growth was the positive dynamics in the US stock market. This was facilitated by the decision of the US Federal Reserve to continue the asset repurchase program in current volumes until March 2021. In addition, a number of news has influenced the digital asset market. So, on July 25, Chief Justice of the District Court of the District of Columbia Beryl Howell recognized bitcoin as a form of money and stated that the asset falls under the money laundering law. This decision was made during the $311 million laundering case, where the head of the Coin Ninja crypto project Larry Dean Harmon is the defendant. Also since the beginning of the week, Bitcoin futures trading volumes have shown impressive growth, and the regulated crypto exchange Bakkt has reported closing of record high trading sessions. Also, significant support for the growth of the first cryptocurrency was provided by the massive closing of short positions, which were liquidated on July 28 for more than $500 million. And on July 29 it became known that the Central Bank of the Philippines is now participating in the race to launch the first national cryptocurrency. For this, a special committee will be created that will study the issue of launching the CBDC and the legal norms necessary for its work.
After a rebound from support at $9150, bitcoin quotes easily overcame the $9500 level, which now also acts as support. The 200-day simple moving average (SMA) line passes in this area, as well as the boundaries of the technical analysis “Triangle” (they are marked in pink on the chart below). This allowed Bitcoin to reach the first goal in the form of cluster boundaries of $9,900- $10,000 and $10,400- $10,500. Now the movement is taking place within the consolidation of $10,800- $11,300. In the coming weeks, maintaining the upward momentum will allow BTC quotes to rush to the following targets — $11,580 and $12,000. divergences ”between the highs on the chart and the MACD oscillator. If this scenario is realized, the targets will be the levels of $10,400 and $10,000. Further downward movement looks unlikely, but may lead to a retest of the $9,500- $9,600 area, where whales will most likely prefer to gain new positions in bitcoin. BTC / USD chart, four-hour timeframe On the daily chart of Bitcoin, you can see that there was a breakthrough of the boundaries of the technical analysis model “Triangle” (in the chart below they are marked in orange). From the point of view of technical analysis, a retest of the upper border of this figure should follow in the near future. This can lead to a decrease in the price from the current resistances of $11,000 and the cluster $11,200- $11,300 back to the supports at $10,500 and $10,000. If this scenario is implemented, there is also a chance of Bitcoin falling to the important cluster of $8900 (50% retracement at Fibonacci levels) — $9580. The presence of divergence between the BTC price and the MACD oscillator indicates a high probability of a correction. But at what levels this reversal will occur is not yet known. But until the end of this year, the first cryptocurrency is ready to maintain its growth trend, which can lead to reaching $11,800, $12,500, a cluster of $13,100- $13,350 and $14,000. BTC / USD chart, daily timeframe
Altcoins went up after bitcoin. The ether also shows good growth, the quotes of which continue to confidently rise from the support at $233, below which the 200-day SMA line is located. After overcoming the first target at $280, the ether rushed to the next targets located at the resistance levels of $300 and $320. Now the ETH quotes have returned to the framework of the “Flag” graphical model, which can reduce the volatility of the asset. At the same time, a correctional decline below $320 will allow big capital to gain positions. The support levels will be $300, $280 and $251. The targets for the development of a long-term upward movement are $363.80, $400 and $420. ETH / USD chart, daily timeframe
On the daily chart, Litecoin confidently maintains a positive momentum, which led to a breakout of the boundaries of the Descending Triangle technical analysis model. The upward breakout of the $47.45 level, just above which the 200-day moving average (MA) line is located, allowed LTC to go to the targets of $51.50 (38.2% correction level along the Fibonacci lines) and $56.80. In the medium term, further upward movement may develop to $60.80, $65, $70 and even $83. However, in the event of a correction from the current levels, the whales are likely to gain positions only at the previously tested levels of $50 and $51.50. LTC / USD chart, daily timeframe
Bitcoin Cash, as expected, soared from the borders of the “Triangle” price model (on the chart below the borders are marked with pink lines) to the resistance located at the upper border of the “Horizontal Channel” $200- $272. Then the altcoin continued its way to the $305 area. A correction may develop towards the 200-day SMA line, which is located in the $272 area. But in the long run of the coming months, we can expect a breakout of the $305 level, which will allow Bitcoin Cash to go up to the $356- $368 cluster and further to $400. BCH / USDT chart, daily timeframe
XRP also took advantage of an influx of liquidity, which led to the breakout of the boundaries of the Descending Triangle model. This allowed the asset to break through the boundaries of the “horizontal channel” of $0.18- $0.2050, in the area of which the 200-day MA line passes. As a result, XRP reached its first targets at $0.2360 and $0.2540. In the long term, the bulls will be able to take profits at $0.27, $0.2860 and $0.3080. At the same time, the levels of $0.2040, $0.2360 and $0.2540 in the event of a correction can act as supports for the current XRP quotes. XRP / USD chart, daily timeframe
Binance Coin also did not fail to take advantage of the market situation to break through the resistance in the form of the upper boundary of the “Ascending Triangle” and the level of $18.14. This allowed us to start the long-awaited growth towards the first target in the form of a powerful $19.36– $20 cluster. Maintaining this momentum in the months ahead will lead to the achievement of targets at $21.30, $23.50, $25.80 and $28.20. But before that, the asset may wait for a correction to the levels of $19.36 and $18, where the 200-day SMA line is located. BNB / USDT chart, daily timeframe At the end of this week, we can confidently say that another rally has begun among crypto assets. Moreover, it occurs before the start of the correctional decline on the world stock markets, which some investors warn about. Thus, the cryptocurrency market is becoming a new safe haven for whales, which have preferred to accumulate positions since March. We will not be surprised if this upward movement will last more than one month. Subscribe to our Telegram channel
Kava "In The News" Media Tracker: This is a thread to track noteworthy Kava mentions within the news! This thread will not include "copy & paste" news - meaning, and article that was taken from somewhere else and republished. (Kava does like when that happens, but this thread is meant to track original stories only!)
Weekly Update: Mycro on ParJar, PAR on MetaMorphPro, new customer for Resolvr, 1UP on IDEX... – 19 Jul - 25 Jul'19
Heya everyone, looks like we are in for another round of rapid catch ups on the weekly updates. Haha. Here's another exciting week at Parachute + partners (19 Jul - 25 Jul'19): In honour of our latest partnership with Silent Notary, this week we had an SNTR Parena. Richi won the finale to take home a cool share from the 1.5M SNTR pot. The weekly Parena had a 100k PAR pot. McPrine took home the lion’s share by beating Ken in a closely fought finale. In 8 months since ParJar started, we are now at 12k users, 190k transactions and 200+ communities. Cap says: “…to put it into perspective - June 18th we were around 100k transactions and 9 k users. A month later we’ve added 3k new users (33% growth) and 80,000 new transactions”. Freaking amazing! And thank you for the shoutout aXpire! MYO (Mycro) was added to ParJar this week. And their community started experiencing the joys of tipping. Lolarious work by @k16v5q5! Last week MetaMorphPro did a Twitter vote to list new projects. Turns out Parachuters did PAR a solid. Woot woot! The first ever official TTR shirt is already live in the Parachute shop. Alexis announced the start of a shirt design contest to add to the TTR shirt inventory. Ian’s art quiz in TTR this week saw 25k PAR being given away to winners. Victor’s quiz had another 25k PAR pot for the winners. And Unique’s Math quiz in TTR was a 50k PAR extravaganza. All in all, 100k PAR won in quizzes in TTR this week. Sweet! Cryptonoob (Tom) set up a survey this week for “..for people who are interested in Crypto but don't know where to start..” for his work on the Parachute app UX. We all know how much Gian loves the reality show Big Brother. So we saw a new take on his Tuesday fun events. Mention your favourite reality show and what it’s all about to get some cool PAR. Yay! A PAR coaster makes its way from design to final product in @k16v5q5’s workshop Chris’ Golf tourney contest resulted in no winners since there were no correct guesses. So he decided to give out fun prizes instead: like Jason for coming last, Win for a “hilariously bad guess” of 100 strokes for the champions total score etc. Haha. However, there were a few top prize winners as well. LordHades, with a tournament score of 1968, took home 50k PAR as grand prize. Neat! Ali, Hang, Clinton and Tony came in close at 2nd to 5th positions. Congrats! And with that, Chris announced the start of another contest: Premier League Challenge for Parachuters (Entry code: x0zj2d) with an entry fee of 5000 PAR each. Prize pool yet to be announced. Jason is still in the lead this week in the Big Chili Race at 47 cm. Not much change either in the other plants. Slow week at Chili land. Ric getting in on that sweet Parachute merch Last week we shared that AXPR got listed on Binance Dex. The ERC20-BEP2 conversion bridge went live this week. Learn how to convert your ERC20 tokens to the BEP2 variant from the available how-to guides (article/video/gif). To mark the occasion, aXpire gave away a ton of BNB in an easter egg contest plus a 1% AXPR deposit bonus to folks who started using the bridge. Remember, we had mentioned that the reason for the weekly double burn of AXPR will be revealed this week? Well here it is. Resolvr onboarded a new client: HealthGates. More fees, more burn. Read more about it here. Woot! Victor hosted a trivia like every week on Friday at aXpire for 1000 AXPR. 10 questions. 100 AXPR each. Nice! Catch up on the week that was at aXpire from their latest video update. 2gether was selected as one of the top 100 most innovative projects by South Summit this week. Cryzen now built a Discord-Telegram chat bridge so that anything posted in either platform gets cross posted on the other. The latest WandX update covers the dev work that’s been going on for the past few weeks – support for Tezos wallet, staking live for Tezos, Livepeer and Loom etc. 2gether on South Summit’s honour roll BOMB community member rouse wrote a quick script on how to identify and avoid common crypto scams. Have a read. As BOMB says, “Stay vigilant and always verify”. Last week's giveaway for the top lessons shared by entrepreneurs had so many good entries that the final list was expanded to 19 winners. Awesome stuff! Zach’s latest article on the difference between BOMB and BOMBX explores both the basic and the more complex distinctions. Switcheo’s introductory piece on hyperdeflationary tokens also talks at length about the BOMB project. Zach also announced the start of the Telegram Takeover Challenge this week – get new communities to experience ParJar and BOMB and earn some cool BOMB tokens in return. Win win! In preparation for the integration of the SMS feature in the Birdchain app, the team released an article on some key statistics. Here’s a video from Birdchain CEO Joao Martins discussing the feature. The latest Bounty0x distribution report can be found here. Also, check out a shoutout to the platform in this NodesOfValue article on bounty hunting opportunities. Start of beta testing for SMS feature in Birdchain The ETHOS Universal Wallet now supports Bitcoin Cash and Typerium. Following ETHOS’ listing on Voyager, it will also become the native token on Voyager. Switch continued its PR campaign with cover pieces on Yahoo, CCN and DDFX this week. Altcoin Buzz has a section on its site named “Community Speaks” where members of a crypto community share updates on a project they support. This week, Fantom was featured in this section. V-ID is the latest project using Fantom’s ERC20-BEP2 bridge for listing on Binance Dex. Big props to FTM for opening it up to other projects. FTM got listed on Probit and Airswap. FTM can also now be used as collateral for borrowing on the Constant platform. The Fantom Foundation joined the Australian Digital Commerce Association which works on regulatory advocacy in blockchain. This was also a perfect setting for the Fantom Innovation Labs team to attend the APAC Blockchain Conference in Sydney. Here’s a report. In this week’s techno-literature, have a read of the various Fantom mainnets and the TxFlow protocol by clicking here and here respectively. Another proposed token utility of ETHOS Uptrennd’s 1UP token was listed on IDEX this week. To put it simply, the growth at Uptrennd Twitter has been explosive. Check out these numbers. Awesome stats! This free speech vs fair pay chart shared by Jeff explains why the community backs the platform. About 96% of 1UP issued this week has been used to level up on Uptrennd. Want a recap of the latest at Uptrennd? Click here. Crypto influencer Didi Taihuttu and his family (The Bitcoin Family) joined the platform this week. Congrats once again to Horizon State for making it to the finals of The Wellington Gold Awards. Some great networking opportunities and exposure right there. If you have been lagging behind on HST news, the latest community update covers the past month. We had also mentioned last week that Horizon State is conducting a vote for The Opportunities Party in New Zealand. Here’s a media report on it. Catch up on the latest at District0xverse from their Weekly and Dev updates. The Meme Factory bot was introduced this week to track new memes and marketplace trends on Meme Factory. The HYDRO article contest started last week was extended to the 27th. 50k HYDRO in prizes to be won. Noice! Hydrogen got nominated as a Finalist to the 2019 FinXTech Awards. HYDRO was also listed on the HubrisOne wallet this week. And finally, here’s a closer look at the Hydro Labs team. The folks who make the magic happen. Sup guys! The Parachute Big Chili Race Update – Jason at 1st, Sebastian at 3rd And with that, we close for this week at Parachute and partners. See you again with another weekly update soon.
What’s up everyone! (TL:DR at the end this time, I've learned from my past mistakes haha)
Yep, it’s me again! New case for a new coin that seems to have taken off lately (and for good reason!) I’ve been researching it deeply lately. For those of you wondering (and in a voluntary spirit of being transparent), I do hold nice bags of the coins I post about. However I do not dump them. I’m a HODLER at heart, and love to invest in and hold coins that have a purpose. You know, like, an actual purpose. I have a Phore masternode, which i intend to keep running indefinitely. I also have a decent chunk of COSS, which I also intend to keep for a very long time (3+ years, until they are a full crypto one-stop-solution).
If you’ve missed my previous post, you can find it here:
For those who do not know me, or haven’t read my previous post, here’s my intro: I come from a business & logistics management background. I started investing in cryptocurrencies and trading a little more than six months ago. I am very detail oriented and I’ve been researching all kinds of cryptos, for hours a day, for the past six months. Cryptocurrencies went from a simple hobby to a burning passion during that 6 month period.
I’ve spotted great coins at great prices, and it seems I keep doing so! Firstly, Ethereum at 150$. Then NEO when it was antshares (sub-3$), Gas when it was antcoin (sub-30c), OMG when it was sub-1$, ETP at 1$ (ended up selling at 5$, too many wallet issues and kind of lost faith in it), COSS at 6 cents, that ended up getting a lot of visibility due to my last post (23K+ views), and finally, Phore at 60cents.
It took me less than an hour of research to understand Phore’s potential. I immediately purchased and setup a Masternode after seeing how undervalued it is compared to coins like Dash, PivX, and other privacy/masternode coins. I must admit, i FOMO’ed in really fast, but then kept on researching after I had secured my cheap PHR, and the more I researched, the more I saw the vision.
For those of you that don’t know, Phore is a fork of PIVX. It is a Masternode/Proof of Stake hybrid (MN + PoS), meaning 60% of the block reward goes to Masternodes, 30% to stakers, and 10% is left for the “development fund”.
For the newbs reading this (welcome, by the way!), a masternode is basically a node that you deploy on a virtual server (or on your own computer) and it basically verifies the blockchain and maintains concensus alongside the other nodes. You need to “lock” 10000 phore to deploy a Masternode. Proof of Stake, on the other end, basically means you can purchase coins and “Stake them” (aka put them in your wallet) and they will also be used to validate the blockchain. Both masternodes and staking will give you rewards, in Phore coins. Masternodes more than staking, obviously, as you “lock” a rather high amount of coins to deploy one.
Allright, so, what’s so good about this Phore coin? Isn’t it just a PivX knock-off?
1) Well, first of all, The MN/PoS structure is simply genius IMO. Dash’s value has gone up a lot simply because there is so little in circulation and most of the coins are locked up in masternodes. But Dash is MN/PoW, basically Masternodes + Mining. Miners do not have as big an incentive to hold unlike MN’s, it’s their mining equipment that generates them Dash. In Phore’s Case, yes, we do have the Masternodes locking up most of the supply, but we also have the stakers that are incentivized to lock up their coins to stake, and generate some extra coins.
2) Which brings us to point 2. There is a BIG incentive to buy and hold this coin. Masternodes are being deployed at a rate of 5 to 10 per day. This means 50 to 100k phore are being purchased and locked up, every day. On top of that, people that cannot afford a costly masternode, can still buy a few thousand coins and earn “interests” as they help validating the blockchain too! This basically drains the order book, fast, and skyrockets the price.
3) What happens when the vast majority (65%+) of the coins are locked up in masternodes, and from the 35% remaining, most of it goes into “staking”? Here’s what happens: the supply becomes increasingly low, the demand increasingly high. People that own masternodes or own decent amounts of coins don’t wanna sell, as the “interests” they make double, triple, quadruple in value, incentivizing them even further to hold.
4) What I’ve described in points 1 to 3 is pretty basic stuff. Economics 101. It’s a positive feedback loop: More MN’s/stakers = less coins in circulation = higher price = higher “interests” earned = more people want in = even less coins in circulation = even higher price = even higher “interests”, and it repeats itself until an equilibrium is reached (judging from PivX, equilibrium is at or around 425M market cap). Everybody wants in early on PoS coins, even moreso with MN coins, because of that simple fact. Early dash masternode owners are pretty much laughing right now. Everyone FOMO’s a good masternode coin, and that’s a fact, pure and simple.
5) Alright, now let’s dive into the actual “technical” merits of Phore. Phore is developed by an anonymous team. The same team that created Kryptcoin a few years ago (a coin with a decentralized marketplace). The team performed in a stellar fashion with kryptcoin, as well as their marketplace. Unfortunately, they were way ahead of their time with the marketplace. Most people didn’t even know what a bitcoin was back then. Phore definitely has this “old school, underground project” feel to it, and you will notice a good chunk of its community on discord are crypto believers from well before crypto was even talked about. They are “remaking” Kryptcoin from scratch, with tons of added features, and an even better marketplace. The fact they pulled it off back then only further reassures me that they will pull it off even better this time. This team actually has something under its belt.
6) Phore will have SegWit, as well as Smart Contracts. Yep, you read that right, smart contracts and dApps will eventually be running on PHORE. Zerocoin protocol as well for completely anonymous transactions.
7) Phore is integrating a Decentralized marketplace based on OpenBazaar’s codebase. They aim to have it running smoother, with a better UI and make it very intuitive. If there’s one team you have to believe can pull it off, it’s definitely the Phore dev team (They already did it in the past!) And the best part is that it’s not for late 2018 unlike some other coins. Nope. We are already in the testing phase, and it should launch somewhere in Q1 2018.
8) Although it is obvious, I thought I’d mention it for the less familiar: 10% of each block reward goes to the development fund. This means the project has a constant flow of money to hire new devs, grow the marketing team, grow the project, pay for exchange listing fees, etc. (They’ve already added an extra dev & an extra marketing team member, just this week, and are already hiring right now for another dev position. So, if you are a talented dev, feel free to apply!)
9) They have applied for Binance today. Although this does NOT mean it is guaranteed, at all, it’s good to see them applying to a variety of exchanges. It is currently only available on cryptopia and is skyrocketing. Getting added to Binance, Bittrex and the likes would make it explode in a ridiculous way.
10) Point number 10 will be a little off topic, to put us in context for point #11. Personally, I like to contribute feedback to projects i truely believe in. One example I came up with was a cool idea for COSS and I let Rune (COSS founder) know about it. Basically, when COSS will get FIAT trading, it is impossible for people to get USD and EUR “fee split” from holding COSS, as USD and EUR are not compatible with the DAO, which is an Ethereum Smart Contract.
My way around this was to create a “COSSusd and a COSSeur”, basically an ERC20 token that’s automatically created/destroyed as FIAT is deposited/withdrawn from the exchange. People sending fiat over to COSS would basically be credited with the “COSSusd or COSSeur”, trade with it, and then when they want to withdraw they would exchange their ERC20 for FIAT and withdraw it via wire transfer. The whole thing would be smart-contract powered and transparent so there is always the same number of COSSusd and Real USD on COSS.
Basically, this would result in COSS holders receiving “fiat dividends” as well, and not only “crypto dividends”. Rune is currently in the process of getting legal opinion on this idea as he is an adamant believer in compliance and wants to do everything by the Book.
11) Well, for Phore, I’ve also contributed a few ideas to attempt to make the marketplace go viral. Viral as in mainstream viral, not only viral in the crypto-space. The devs, advisors, marketing team, advisors and even the community were all very impressed and took notes of everything. Now I cannot comment on what will and what won’t be implemented, but overall my feedback was received in an extremely positive manner. Here goes:
Basically an easy gateway that's only fiat > phore. Coded in a way that when you purchase with fiat it automatically sends it to your wallet (and obviously we'd need to have a phore mobile wallet app).
This is how Phore will go mainstream, no way around it, unless we wanna wait 10+ years for every crypto "newbies" coming in to actually go through the lengthy process of learning about crypto, how they work, familiarize themselves, etc. So many newbies flooding in, we definitely need easy one-click fiat > phore solution.
Plus it would be super easy for me or phore marketing team (or both, working together) to put up a small nice and concise "press release kit" and send it out to all the major media outlets (all the big blogs, bloomberg, yahoo finance, lifestyle blogs for the libertarian / marijuana users / all the people that are into the whole “freedom thing” as well as all media outlets targeted to the 18-30 crowd).
Facebook advertising campaigns (targeting 18-35 age range, people interested in crypto, people interested in "online commerce", etc etc.) as well as google advertising campaigns (people search amazon or ebay, and they find our sponsored paid ad on top saying "thinking of trying amazon? Check out the phore marketplace, it's cheaper, blockchain-powered and 100% decentralized".
*Instagram campaigns as well, lots of the 16-30 crowd there. Instagram, google, Facebook and Reddit campaigns and any other viable channels. We can do all these things AND succeed at them quite easily, all we need is 1) an intuitive marketplace, which the devs are busting their asses off to achieve and we KNOW it'll be phenomenal, and 2) a fiat > phore gateway integrated. That second point will make or break it in terms of mainstream adoption, hence why it's indispensable to have it before we tackle "mainstream marketing" via FB, IG, Google, Reddit, Twitter, Blogs & Other Media outlets.
Ideally the fiat > phore gateway would be on the website itself, so people get credited their phore directly on their marketplace account. With a mobile wallet being a nice add-on of course so they can keep the extra phore in there when not in use, and 1-click transfer from marketplace to mobile wallet and vice versa, "a la paypal/dash evolution.
TL;DR for the lazy: Masternodes + PoS // Self-sufficient project due to the “treasury fund” // Stellar team who has ALREADY DONE THIS before // Currently underserved (cryptopia only) // Team applied to exchanges including Binance// Segwit + Smart Contracts + Strong privacy features // Decentralized Marketplace being beta tested as we speak and launching Q1 2018 // Strong incentive to hold as both Masternodes AND stakers dry up the supply for staking purposes, which creates a positive feedback loop (coins get bought, price goes up making the “staking & MN rewards go up”, making more people want a MN or Stake, more people buy, price rises again, “interests” earned go up, rinse and repeat in an endless loop until equilibrium is reached).
Currently, a masternode generates roughly 120phweek. Calculate Phore’s current price multiplied by 120 and you’ll get a pretty solid estimate of the weekly revenue generated from a Masternode.
Cryptocurrencies have grown exponentially not only in price this past year but also in public awareness and popular attention. The novel feeling to an emerging financial and technological market is reminiscent of the rise of the Internet with its innovative potential. In turn, a heightened collective societal awareness of this new innovative potential has led to a change in the nature of the market dynamics of cryptocurrencies. As Heisenberg’s Uncertainty Principle posits, “The observation of a phenomenon changes the phenomena itself.” The observation of thousands of young millennials, and now middle-aged investors, will only accelerate the rise of cryptocurrencies as times goes on. Today, we are seeing the real-world effects of a newfound intrigue into cryptocurrencies. This new interest is causing a narrowing of the divergence between truth and fiction over accurate knowledge about cryptocurrencies. The force drawing this gap narrower each day is an increased dissemination of truthful information that has generated legions of individual investors into new cryptocurrency markets; in particular, Ripple’s XRP. As the public expands its understanding of Ripple’s XRP, the capital inflow from both individual and institutional investors combined will likely grow to levels that will exponentially grow the liquidity of XRP and, as a byproduct, its price. Here, in this report, I will provide an overview and analysis of Ripple’s XRP and the implications Q4 2017 and the year 2018 and beyond hold for the future of XRP and its price. THE CONCEPT: WHAT IS XRP? XRP is the digital asset used by Ripple to offer financial institutions an option for liquidity to conduct cross-border payments. It is predominantly used for Ripple’s solution for the minimization of liquidity costs. In contrast to most other cryptocurrencies, XRP’s application here features a real-world applicability that extends to real-world transactions. It is used for the xRapid solution provided by Ripple, and is the only one of the three solutions Ripple offers (The others are xCurrent and xVia) that employs the use of XRP. THE RATIONALE: WHY XRP? There is a myriad of factors that distinguish XRP from other cryptocurrencies and establish it as a forerunner to what may become the dominant cryptocurrencies in the years that lie ahead. Cost: Comparatively, XRP has the lowest cost per transaction at $0.0004. In contrast, BCH is $0.26, LTC is $0.37, DASH is $0.64, ETH is $0.96, and BTC is $28.23. Scalability: XRP can handle over 1,500 transactions per second whereas BCH can handle 24 per second, LTC can handle 56 per second, DASH can handle 10 per second, ETH can handle 16 per second, and BTC can handle 24 per second. Speed: XRP can conduct transactions at a rate of 3 seconds per transaction, BCH at a rate of 58 minutes per transaction, LTC at 17 minutes per transaction, DASH at 15 minutes per transaction, ETH at 2 minutes per transaction, and BTC 1 hour and 6 minutes per transaction. XRP’s availability is ever-expanding. It is currently available on over 50 exchanges including Bitstamp, Bithumb, Bittrex, Binance, Bitfinex, Kraken, and Poloniex. The volume of XRP availability is, in addition, in an expansionary phase. The primary location of exchange volume is concentrated in Asia; in particular, South Korea. However, as mainstream media attention increases, so will American interest as well. There already have been tell-tale signs indicative in news outlets that have covered Ripple recently in the wake of XRP’s rise in CNBC, Bloomberg, Forbes, Investopedia, and Yahoo Finance. Simply consider the mania generated by the media attention to Bitcoin. Repetitive news stories featured on CNBC, Bloomberg, CNN, CBS, and other mainstream media news outlets. Countless articles disparaging it as a bubble and hailing it as a force that could deconstruct the financial apparatus governed by the Federal Reserve and other central banks. Now, consider the results of media attention directed towards the substantive information behind XRP. Once news segments and articles are shown and written that illustrate the comparative superiority of XRP to other cryptocurrencies, then the viewers and readers will likely flock to XRP in pursuit of acquiring a tried, tested, and proven cryptocurrency with real-world usage. In turn, a virtuous circle intensifying capital inflow to XRP is predictable and probably to occur. We can expect FOMO to rise and a number of oscillations up and down for the price to unfold. Nevertheless, the price of XRP is bound to not only remain but rather accelerate its demonstrated upwards price trajectory pushing us to new heights. Additionally, if the collective fear among cryptocurrency investors materializes, that is, if new regulations are imposed on our activities, then Ripple is stand to likely gain. Dr. Nassim Nicholas Taleb, a scholar and risk analyst writes about a concept called “Antifragility.” Antifragility is a term used to describe things that gain from disorder. Considering Ripple’s ties to financial institutions and regulators, it wouldn’t be too far-off to speculate that XRP is positioned to gain if such a black swan event were to occur. FURTHER REASONS TO ADVANCE THE CASE FOR XRP: Financial institutions, renown investors, and accomplished financiers have already taken notice of XRP. Former Federal Reserve Chairman Ben Bernanke has advocated on Ripple’s behalf. Zoe Cruz, former president for institutional securities and wealth management at Morgan Stanley and former global head of fixed income, commodities, and foreign exchange has joined Ripple’s Board of Directors. She has been named to Forbes list of Most Powerful Women for three years straight. Perhaps most notably, a consortium of 61 banks – organized by SBI Ripple Asia – will be adopting Ripple’s technology to settle transactions between its members with the eventual goal of applying XRP to usage. Mr. Yoshitaka Kitao, the CEO, Executive Chairman, and President has publicly stated, “Forget about bitcoin, we’re all in on XRP!” In fact, SBI has already confirmed that XRP will be put in usage in Spring 2018. If successful, expect the price to reflect it. Moreover, TechCrunch Founder Michael Arrington has, as of November 2017, announced a $100 million XRP hedge fund. His efforts have already raised $50 million which will engender a ripple effect of new large net-worth individual and institutional investors. The entity will be called Arrington XRP Capital and new information about its activities are set to be released in the months that lie ahead. Also, David Schwartz, Ripple’s Chief Cryptographer, has said that there are two major “household” companies (Not financial institutions) that will be announced in Q4. This is likely to provide a substantial boon to XRP. Finally, the Chief Technology Officer of Ripple, Stefan Thomas, has said that in 2018 there will be a “big push on XRP.” For years, Ripple has kept a relative silence in expressing the superiority of XRP. 2018 will be different. 2018 is bound to be Ripple’s year. I expect the price to rise as high as $10 and as low as $4. At any rate, this report only scratches the surface of Ripple and XRP’s potential. For far more nuanced and in-depth analysis and information, I suggest reading from Ripple firsthand at www.ripple.com and perusing the best blog on XRP itself at https://xrphodor.wordpress.com/ To the moon, we go. SOURCE: https://cellardoorway.com/2017/12/24/the-case-for-ripples-xrp-a-brief-overview/
Daily analysis of cryptocurrencies 2019–11–18(Market index 38 — Fear state)
https://preview.redd.it/z988snbubgz31.jpg?width=658&format=pjpg&auto=webp&s=8ff1c77605423352395c4ca6bda5e5d7ac800813 Thailand Ministry Of Finance To Launch Blockchain-Based Visitor VAT Refund ServiceAccording to the Bangkok Post, the Thai Ministry of Finance plans to introduce a blockchain-based value-added tax (VAT) for foreign tourists from the end of November. Thai Financial Minister Uttama Savanayana said that blockchain-based technology will speed up the refund process for visitors because once the store enters information into the system, the purchase details will be shared with the tax department and customs department based on the blockchain. German And South African Regulators Issue Fraud Warnings On Karatbars InternationalIn Germany, according to a recent press release by BaFin, the Federal Financial Supervisory Authority of Germany, a cease and desist order has been issued against Karatbit. The order is to stop the company from its unauthorized electronic money business in Germany.As for South Africa, the Financial Sector Conduct Authority issued its own press release warning the public to not deal with Karatbars International, as it is not authorized in terms of the Financial Advisory and Intermediary Services Act, to render any financial advice and intermediary services. The press release continues that the authority was informed that the company has been offering investments to customers through WhatsApp, a messaging platform. China’s Army Considering A Blockchain Rewards System, ReportChina’s military could implement a blockchain rewards system to manage personnel data and incentivize its workforce, the Global Times reported on Nov. 18. Citing a People’s Liberation Army (PLA) Daily report, the Global Times underscores that the blockchain system would likely not involve financial incentives, but would be used as an innovation strategy for the military’s management. Yahoo And LINE Announce Basic Agreement On Business Integration; Both Of Them Have Crypto ExchangesYahoo parent company Z Holdings (ZHD) and LINE formally announced that they had a basic agreement on business integration. On Nov 13, it was reported that the companies were approaching integration in the media reports. If Yahoo, which has the cryptocurrency exchange TAOTAO, and LINE, which also operates the cryptocurrency exchange BITMAX, will be integrated, it will have a major impact on the cryptocurrency industry. https://preview.redd.it/ruwrql7cbgz31.png?width=504&format=png&auto=webp&s=0eba3291ecd7ffbbb06946afa8f1c6695c2a7e99 BTC — BTC fell briefly yesterday, rebounding after falling to $8368 at the lowest level and falling after hitting $8620 at the highest level.In terms of capital flow, the net inflow in 24 hours was 3 billion yuan, a significant increase over the previous day.On the 4-hour K-line, the slope of the downward trend rate is slowing down, the trading volume continues to shrink, and the volatility has also dropped to a new low in recent years.At this stage, the disk support and pressure are weak, only part of the energy is needed, and it is easy to pull up. It is not difficult to break through the pressure of 8600 and 8800 dollars, and 9000 dollars is the strong pressure level.But it doesn’t make much sense to pull it up. The market information hasn’t been restored.The overall trend is roughly between $8400 and $8600.In terms of operation, the spot continues to hold, while the futures are not recommended for operation. Review previous articles:https://firstname.lastname@example.org
Encrypted project calendar（November 18, 2019）
Maker (MKR):18 November 2019 MCD Launch “BIG changes to terminology are coming with the launch of MCD on Nov. 18th Say hello to Vaults, Dai, and Sai.”Vexanium (VEX):18 November 2019 Nodes Blockchain Summit Vexanium will collaborate with Nodes Community to hold a blockchain conference called the Nodes Blockchain Summit.OKB (OKB):18 November 2019 Utrecht Workshop “EVENT: We’re going back to basics with #101 workshops on #CryptoTrading in Utrecht & AmsterdamSantiment Network Token (SAN):18 November 2019 Reddit AMA “…@Santimentfeedwill be conducting its first Reddit AMA on the@EthfinanceRsubreddit on Monday, November 18, 2019 from 12pm to 3pm EST”.Decentralized Currency Assets (DCA):18 November 2019 Added to Echoestrader “Decentralize Currency Assets(DCA) support’s the first crypto algorithm exchange goes live on november 18th 2019.”Aeternity (AE):and 5 others 18 November 2019 [TWITTERPOST] Shift Money 2019 conference from Nov 18–19 in Croatia.Maker (MKR):18 November 2019 MCD Launch “BIG changes to terminology are coming with the launch of MCD on Nov. 18th Say hello to Vaults, Dai, and Sai.”Pundi X (NPXS):18 November 2019 Binance Italian AMA “On November 18 at 3:00 pm CET,@binanceItalian group will host AMA series with@peko0413!”Crypto.com Coin (CRO):18 November 2019 Exchange Closed Beta “Closed Beta starts the week of 18 Nov.”
Encrypted project calendar（November 19, 2019）
Lisk (LSK):19 November 2019 Lisk.js “We are excited to announce liskjs2019 will take place on November 19th. This all day blockchain event will include…”Aion (AION):19 November 2019 Hard Fork “Leading up to the hard fork on November 19th-20th, 2019 the Unity — Aion Kernel will be upgraded by node operators.”Enigma (ENG):19 November 2019 Open Community Call The first Enigma Open Community Call is Tuesday, Nov 19th, 11AM ET! important updates on our protocol, the Genesis Game, and our road ahead.Lisk (LSK):19 November 2019 Berlin Meetup “Ahead of LiskJS2019, our partners Berlin Valley are hosting a startup industry networking event, #DigitalTalents, tomorrow. “BitMax Token (BTMX):19 November 2019 BitMax Delisting BitMax removes BTMXP/BTC, ETH/USDC, ETH/PAX, BAT/ETH, ZEC/ETH, DASH/ETH, LAMB/ETH, ZIL/ETH, COVA/ETH, ETC/ETH, FET/ETH, LAMBS/ETH, XTZ/ETH.
Encrypted project calendar（November 20, 2019）
OKB (OKB):20 November 2019 OKEx Cryptour Odessa Ukr “Join us in Odessa as we journey through Ukraine for our OKEx Cryptour!DAPS Token (DAPS):20 November 2019 Partnership with SWFT “Everyone will have $DAPS mobile wallets, atomic swaps and much more starting on the 20th of November!”Aragon (ANT):20 November 2019 Draft Proposal Deadline “Draft proposals for Aragon Network Vote #5 are due in one week, on November 20 at 16:00 UTC…”IOTA (MIOTA):20 November 2019 Smart City Expo Wilfried Pimenta, our Director of Business Development, will be among the speakers at the AI & Blockchain Summit in the Smart City Expo Worl…Bitcoin Fast (BTCF):20 November 2019 BTCF Snapshot Snapshot taken of BTCF holders at 8:00 am (GMT-6).Credits (CS):20 November 2019 AMA AMA with Credits team at 15:00 UTC.
Encrypted project calendar（November 21, 2019）
Cardano (ADA):and 2 others 21 November 2019 Meetup Netherlands (AMS) “This meetup is all about how to decentralize a blockchain, the problems and differences between Proof-of-Work and Proof-of-Stake…”Cappasity (CAPP):21 November 2019 Virtuality Paris 2019 “Cappasity to demonstrate its solution for the interactive shopping experience at Virtuality Paris 2019.”Horizen (ZEN):21 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.OKB (OKB):21 November 2019 OKEx Talks — Johannesburg “Join us the largest city of South Africa — Johannesburg where we will host our OKEx Talks on the 21st Nov.”IOST (IOST):22 November 2019 Singapore Workshop Join the Institute of Blockchain for their 2nd IOST technical workshop in Singapore on 22 Nov 2019. The workshop includes IOST’s key tech.OKB (OKB):22 November 2019 St. Petersberg Talks “Join us in St. Petersberg on 22 Nov as we answer your questions on Crypto Security. “NEM (XEM):21 November 2019 SME Thought Leadership “SME Thought Leadership Series Forum #2” in Selangor, Malaysia from 8:30 AM — 2:30 PM.Stellar (XLM):21 November 2019 NYC Meetup “Stellar Blockchain Meetup ft. FIC Network and Sam Conner’s Meridian Recap” in NYC from 6–8 PM.Waves (WAVES):21 November 2019 Edinburgh Workshop “Next Thursday, we’re running a practical workshop on building DeFi products & designing Smart Contracts in your city!”
Encrypted project calendar（November 22, 2019）
IOST (IOST):22 November 2019 Singapore Workshop Join the Institute of Blockchain for their 2nd IOST technical workshop in Singapore on 22 Nov 2019. The workshop includes IOST’s key techOKB (OKB):22 November 2019 St. Petersberg Talks “Join us in St. Petersberg on 22 Nov as we answer your questions on Crypto Security. “Zenon (ZNN):22 November 2019 Awareness Fund Payout “Distribution of the fund takes place every Friday until Pillars Lock-in Phase is completed.”
Encrypted project calendar（November 23, 2019）
Californium (CF)and 1 other: 23 November 2019 Greece Meetup “On November 23, the Greek #Cryptocurrency Community Meetup will take place in Greece!”
Encrypted project calendar（November 25, 2019）
0x (ZRX):25 November 2019 0x V3 Proposal Live “The 0x v3 proposal was approved and will go live on Ethereum mainnet starting November 25th!”Dynamic Trading Rights (DTR):25 November 2019 Chain Migration “On November 25 at 23:00 CET, TokensNet will make a migration of the $ELI token from Ethereum blockchain to Bitcoin Cash blockchain…”
Encrypted project calendar（November 27, 2019）
OKB (OKB):27 November 2019 OKEx Cryptour Vinnytsia “Join us in Vinnytsia as we journey through Ukraine for our OKEx Cryptour!”Fetch.ai (FET):27 November 2019 London Meetup “Join us on 27 November@primalbasehqto hear an exciting progress report as we prepare for the launch of our #mainnet”
Encrypted project calendar（November 28, 2019）
Horizen (ZEN):28 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.
Encrypted project calendar（November 29, 2019）
Zenon (ZNN):29 November 2019 Awareness Fund Payout “Distribution of the fund takes place every Friday until Pillars Lock-in Phase is completed.”
Encrypted project calendar（November 30, 2019）
Ethos (ETHOS):30 November 2019 (or earlier) Rebranding “In November, we unveil the broker token, a dynamic utility token to power our commission-free crypto trading and broker platform, Voyager.”Digitex Futures (DGTX):30 November 2019 Public Testnet Launch “…We can expect to see the world’s first zero-commission futures trading platform live on the Ethereum public testnet from 30th November.”Monero (XMR):30 November 2019 Protocol Upgrade “Preliminary information thread regarding the scheduled protocol upgrade of November 30.”Chiliz (CHZ):30 November 2019 (or earlier) Fiat to CHZ Exchanges “We will add another two fiat to $CHZ exchanges in November…”Skrumble Network (SKM):30 November 2019 (or earlier) P2P & Group Calling “P2P & Group Video Calling,” during November 2019.Aergo (AERGO):30 November 2019 (or earlier) Mainnet 2.0 Upgrade Mainnet 2.0 Protocol update by end of November.Akropolis (AKRO):30 November 2019 (or earlier) Beta Release “All functionality has been deployed to mainnet.”Nash Exchange (NEX):30 November 2019 (or earlier) Mobile Strategy Phase 2 “Phase 2 of our mobile strategy will be live soon with our wallet and portfolio app hitting stores in November!”Akropolis (AKRO):30 November 2019 (or earlier) Beta Release “All functionality has been deployed to mainnet.”Pakcoin (PAK):30 November 2019 Staking Mobile App Android app for staklet is going to be launched on November 30th.
Encrypted project calendar（December 1, 2019）
Auxilium (AUX):01 December 2019 AUX Interest Distribution Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity.I/O Coin (IOC):01 December 2019 Pos Reward Halving IOC block reward halving is happening on December 1st 2019.
Hackers stole more than 7,000 bitcoin from crypto exchange Binance, the world’s largest by volume, the startup reported Tuesday. Binance announced that a “large scale security breach” was discovered earlier on May 7, finding that malicious actors were able to access user API keys, two-factor authentication codes and “potentially other info,” the exchange’s CEO, Changpeng Zhao, said in a letter. As a result, they were able to withdraw roughly $41 million in bitcoin from the exchange, according to a transaction published in the security notice. The exchange may not yet have identified all impacted accounts, he said. And according to Binance’s statement, the breach only impacted Binance’s hot wallet, which contains roughly 2 percent of the exchange’s total bitcoin holdings.
Social media giant Facebook acquired the rights to the “Libra” trademark for its secretive cryptocurrency project. The Block claims that a source familiar with the matter confirmed that Facebook is recruiting financial firms to develop its own crypto and that the project’s codename and product name is Libra. Moreover, documents released by the United States Patent and Trademark Office and filed in June 2018 reveal that the company has evidently acquired the rights to the “Libra” trademark.
Bitcoin’s price rose above $6,000 on most cryptocurrency exchanges for the first time on Thursday in nearly six months. At 00:57 UTC on Thursday, the world’s largest cryptocurrency by market capitalization, which accounts for more than half of all other cryptocurrencies combined, picked up a bid and saw its price reach as high as $6,076 – its highest price since Nov. 14, 2018.
The owner of the TeslaJoy channel received an email purporting to be from YouTube support alerting that her channel was in violation of multiple policies of the platform. To solve the issue in a speedy manner, a more detailed analysis would be necessary and this required some information, including the access password. YouTube's policy infringement system allows users to report videos that are in violation of the platform rules. When a user is reported three times in just as many months, their account is deactivated. Scammers abusing this procedure extort money from content creators by reporting them for copyright infringement. After two reports, they contacted the victim asking for money in order to hold off a third violation report.
The Israel Defense Force (IDF) claims to have neutralized an "attempted" cyber attack by launching airstrikes on a building in Gaza Strip from where it says the attack was originated. However, the Israel Defense Force has not shared any information about the attempted cyber attack by the Hamas group, saying it would reveal the country's cyber capabilities. According to Judah Ari Gross of Times of Israel, the commander of the IDF's Cyber Division said, "We were a step ahead of them the whole time," and "this was one of the first times where Israeli soldiers had to fend off a cyber attack while also fighting a physical battle."The commander did not reveal the name of the target, but did say that the cyber attack by Hamas was aimed at "harming the way of life of Israeli citizens."
Let us know what your thoughts are on the above topics!
2017 was the golden era of token sales, with cryptocurrency projects routinely raising tens of millions of dollars as investors were frantically searching for “the next Bitcoin”. The market was clearly overheated, and ICOs saw a sharp decline in 2018, both in terms of the number of projects and the amount of money raised, as prices of top cryptocurrencies were subjected to harsh price corrections. In 2019, we’ve seen the emergence of the IEO model, which has brought some life back to the token sale space. However, IEO projects generally stick to much more conservative funding targets than what we grew accustomed to in the 2017 ICO boom. With that context in mind, let’s take a look at the 5 biggest token sales in history and briefly describe the situation of each project.
1. EOS (over $4 billion)
EOSEOS, -1.71% was the mother of all ICOs, raising over $4 billion in its year-long token sale which lasted from June 26, 2017 to June 1, 2018. The EOS mainnet launched on June 9, 2018. EOS is a blockchain platform for smart contracts and decentralized applications that is based on a delegated proof-of-stake (DpoS) model. EOS holders stake their tokens to vote for validators, which in turn take care of the network’s consensus process. So far, gaming and gambling are the most popular use cases for EOS, dominating the list of the most popular EOS DApps maintained by DappRadar.com. We can also find decentralized exchanges and various other DApps such as apps for chatting or receiving compensation for participating surveys. Block.one, the firm that created the EOS.IO protocol, is currently working on a social media platform called Voice, which will function on top of EOS. In June, Block.one CEO Brandon Blumer said the company invested $150 million into the project. EOS is currently the 7th largest crypto asset on the market, with a market capitalization of $2.65 billion. The token is changing hands at $2.85, and lost 52% of its value in the last year.
2. Telegram Open Network ($1.7 billion)
When rumors started circulating that Telegram was thinking about developing a blockchain network, the entire cryptocurrency space listend. After all, the messaging app is highly popular among cryptocurrency enthusiasts, with Telegram groups being at the core of many communities. While there were many scammers claiming to give people the opportunity to participate in Telegram’s ICO, Telegram actually only offered the tokens to accredited investors on an invite-only basis. This hardly had an impact on the project’s ability to raise money, as investors poured in a whopping $1.7 billion. The Telegram Open Network (TON) is not actually live yet, although the project is reportedly expected to go live with its mainnet before October 31. Telegram plans to integrate TON with its messaging application, which has over 200 million active users.
3. Unus Sed Leo ($1 billion)
The stunning success of Binance and its Binance CoinBNB, -3.64% token enticed countless exchanges to offer their own tokens, bringing special benefits to traders. While Bitfinex has been in the game for much longer than Binance, the exchange found itself in trouble when it could no longer access funds held on its behalf by a payment processing company called Crypto Capital. According to the New York Attorney General’s office, Bitfinex lost access to $850 million. In response, Bitfinex decided to launch a token called Unus Sed Leo, offering 1 billion tokens at a price of 1 USDT apiece. The token sale was not open to the public, although anyone can now trade the Bitfinex Leo TokenLEO, -0.54% token on supported exchanges. The ultimate goal for the LEO token is for all the tokens in circulation to be bought back by Bitfinex and burned. Bitfinex uses at least 27% of its monthly revenues for this purpose, and also says it will use a large portion of any funds recovered from Crypto Capital or from the 2016 Bitfinex hack for the same purpose. LEO is currently the 11th largest cryptocurrency, and retains a market cap of $1.03 billion. The token is currently trading at $1.03, but reached an all-time high at $2 on June 26.
4. TaTaTu ($575 million)
The strange name is not the only curious thing about the TaTaTu project. It was founded by Andrea Iervolino, an Italian film producer, and the company says that it raised $575 million in a 2018 sale of TTU tokens. The private sale reportedly included royalty and venture capital firms. TaTaTu is perhaps best described as a variant of Netflix that uses the TTU token to incentivize both content producers and viewers. TTU tokens can be used to buy advertising or buy products in an online store. However, it seems that TaTaTu does not have major plans connected to blockchain technology. As part of a CoinDesk report from June, the publication asked TaTaTu if it was a blockchain company. The firm responded:
“Not at all. We have one blockchain component in our system.”
According to the report, the project’s pivot away from blockchain has caused conflicts with the project’s early backers and co-founders, who feel that TaTaTu’s current direction does not adhere to the project’s original vision.
5. Filecoin ($257 million)
Filecoin raised $257 million through selling future rights to FIL tokens in 2017. The project is creating a decentralized network that allows users to rent out excess storage and receive tokens in return. Despite the huge token sale, Filecoin is not live yet. However, the team has recently announced estimated dates for the launch of both the Filecoin testnet and mainnet. If everything goes according to plan, we can expect the Filecoin testnet in December of 2019 and the mainnet in March of 2020.
eBay’s publicity is not very clear, but probably that’s what it was all about. However, it shows a clear and unequivocal interest of the company in virtual coins and digital collectables. On the other hand, for some time now eBay has been a marketplace where bitcoin trades take place between users, so it would not be surprising if the company were to decide to host. For example, an OTC exchange to increase the volume of these trades, and therefore also that of its commissions. The eBay marketplace is very popular all over the world, and a cryptocurrency market hosted, for example, natively within the platform would make it much easier for millions of people to buy and sell them. According to some hypotheses posted on Twitter the marketplace, instead, could announce the support to Binance Coin (BNB) as an alternative means of payment to fiat currencies, or could announce a partnership with the platform of crypto payments UTRUST. However, these are only pure speculations to date, coming from hypotheses contained in Twitter comments of users not necessarily authoritative. Anyway Instasmarter accepts bitcoin and other cryptocurrencies.InstaSmarter.com is the world's leading social media marketing agency. It offers likes, followers, views for Instagram, Twitter, YouTube, Facebook, etc. However, eBay has been seriously considering accepting bitcoin payments since December 2017, as eBay Americas Senior Vice President Scott Cutler told Yahoo Finance at the time. So this could also simply be the novelty coming soon: bitcoins, or other widely used crypto currencies, accepted as a means of payment.
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Welcome to our Wednesday's Weekly Discussion Thread
The goal of this thread is to host a weekly debate on hot, trending and relevant topics in the cryptocurrency, blockchain and fintech industry. This week the proposed debate is "Bitcoin SV Delistings". It'll be renewed weekly at 16:00 CET time on each Wednesday with a new topic. Binance, Shapeshift and Kraken have delisted Bitcoin SV due to controversy surrounding Craig Wright claims about being Satoshi Nakamoto and recent bounty on Twitter user "Hodlonaut". Here are some proposed ideas to kickstart the discussion:
Do you believe Craig Wright is Satoshi Nakamoto and if not, at least was part of a team?
ERC. money are able to bridge businesses with crypto owners
2090 cryptocurrencies are listed on Coinmarketcap as of writing. According to the Cambridge study conducted with Visa last sprint, 2.9 to 5.8 million active cryptocurrency wallet holders. Steve Wozniak is co-founding a crypto-asset investment firm. Alibaba and IBM have the most blockchain patents in the world. Binance made more in profit in Q2 2018 than Deutsche Bank. Even Katy Perry painted her nails in Monero and Light coin to come at you like a Dark Horse. Cryptocurrencies is the safest form of a digital currency powered by an immutable, distributed, open-source technology—Blockchain. But then why haven’t the Global Financial system switched to crypto yet? At least the e-commerce? The answer is that it takes time for innovation to go through the adaptation period, and it takes innovation. Business owners need to be ready to accept. But they don’t want to learn about all the latest forks and airdrops to process transactions. That’s why they choose Visa today. Because despite the fact that every transaction cost them from 3-5%, they work auto-magically. Crypto payments are safe but an average Bitcoin transaction speed can take up to 8 minutes. Some Ethereum transactions may take hours if the sender didn’t provide a lucrative amount of gas to miners. Transaction commissions keep growing and mining pools that entered the game at the early stages control the future of communities. Yes, cryptos are innovative but unless they solve the real world problems they will continue to be the currency of computer enthusiasts on Bitcoin Talk, drug-dealers, and traders. ECR.money comes to help real business owners embrace the future of financial communications. It was launched on January 1, 2018 to change rules of the game in the world of encrypted digital payments.
“We are entrepreneurs, too. We understand the Status Quo but we need a less painful system for secure international transactions. Why launch another pointless ICO or TGE, when we can just take the real businesses and help them? Why they should pay monstrous fees for fast and secure transactions if the technology is here and ready to use? This whole token offering gold rush seems over-exaggerated to me.” – Dmitry Vasadin, Founder.
ECR team has created a network with a 100 transactions per second bandwidth. They plan to grow the speed responding to community growth. Each transaction is free. Each is protected with a Skrypt encryption protocol. ECR.nodes could be launched on computers with just 1Ghz of processing speed and 2Gb of RAM memory. Node owners only have to sign the transactions to secure the trust in the network’s distribution. Which means that the network can scale fast. That many ECR coins were pre-mined. No more coins will ever be emitted So there is no competition for block rewards. ECR.money propose to business owners a practical tool to transact on a daily basis and open their doors to an audience of millions active crypto users. You can create your first ECR crypto wallet at www.ecr.money. Learn more about how to set up your ECR wallet in this guide or check out ECR Whitepaper.
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region. The world’s largest crypto exchange is deploying a physical server node for its pool at BitRiver, the largest bitcoin mining hosting provider in Bratsk, Russia. The move would give miner owners at BitRiver who choose to switch to Binance a better connection and direct route to ... Yahoo Finance Video Square's bitcoin bet is paying off Square reported earnings of 34 cents per share (more than double the expected 16 cents per share) on revenue of $3.03 billion (vs ... Yahoo Finance Video. Bitcoin hits highest level since January 2018 post-election. Dan Roberts breaks down Bitcoin's recent price action, which recently hit $14,500 (its highest level since January 2018) and what's next for the cryptocurrency. CoinDesk. Market Wrap: Bitcoin Surpasses $15.3K; Ether Up 210% in 2020 . The price of bitcoin popped to new 2020 highs while ether has performed more ... The Binance (BNB) coin is the Binance exchange platform cryptocurrency. The coin has attracted interest lately as Binance is now the largest cryptocurrencies exchange in the world. Learn all you need to know about Binance (BNB) coin. At Binance, the world’s biggest cryptocurrency exchange by trading volume, the daily average spread between buy and sell orders on bitcoin futures for $10 million quote size declined to a record low of 0.25% on Monday, according to data provided by research firm Skew. The spread, which typically narrows as an exchange’s order book depth increases, spiked to 7.95% during the March crash but ... Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region. The world’s largest crypto exchange is deploying a physical server node for its pool at BitRiver, the largest bitcoin mining hosting provider in Bratsk, Russia. The move would give miner owners at BitRiver who choose to switch to Binance a better connection and direct route to ... Binance est une plateforme avancée qui vous propose d’échanger BTC, ETH, BNB et d’autres cryptomonnaies . Acheter des cryptos. Marchés. Trade. Dérivés. Finance. English/USD. Acheter et vendre des cryptos en quelques minutes. Rejoignez la plus grande plateforme d'échange de cryptos au monde. S'inscrire. La demande de tickets pour la vente de tokens Axie Infinity (AXS) est ouverte. 11 ... CoinDesk via Yahoo Finance · 13 hours ago. Wasabi Wallet will offer automatic, privacy-preserving CoinJoins in its coming upgrade. A major... Related searches. www binance exchange : binance crypto exchange: binance exchange app: coinbase: us binance exchange: verge xvg coin news: binance exchange news: xvg coin news: Prev. 123 4 5. Next 42 results. Top News Videos for binance exchange. 01:00 ... Bitcoin and Binance Coin – Weekly Technical Analysis – October 5th, 2020. Bob Mason. FX Empire. October 5, 2020. Reblog. Share. Tweet . Share. Bitcoin. Bitcoin fell by 1.08% in the week ending 4 th October. Following on from a 1.21% decline from the week prior, Bitcoin ended the week at $10,687.0. It was a mixed but bearish start to the week. Bitcoin rose to a Monday intraweek high $10,986 ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume
BITCOIN BULL RUN IN 30 DAYS SAYS CRYPTO TRADER - Binance Biggest Upgrade Ever
Jul.19 -- Changpeng Zhao, founder and chief executive officer at Binance Holdings Ltd., discusses the price of bitcoin, what it will take to get across the $... In this Binance tutorial, we walk you through the ID & Face Verification process which allows you to purchase cryptocurrency (xrp, btc, eth) on the platform. #Binance #BinanceTutorial # ... Users are rewarded for simply depositing and holding coins on Binance as they normally would. With staking on Binance, users can receive staking rewards all while just being a regular Binance user. Bitcoin, Cryptocurrency, Finance & Global News - May 24th 2020 In this week's market update we cover all the latest headlines from Australia, US, China, Euro... On-chain analyst Willy Woo published a new Bitcoin price model showing a new BTC bull run could begin in 30 days. One fundamental metric just reached levels not seen since just before the intense ... Crypto News Binance To Have Fiat Pairings, Moving To Malta? Yahoo Launching Crypto Exchange Yahoo Launching Crypto Exchange Bull & Bear Cryptocurrency Analysis, News & Education