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Despite the criticism it is receiving for being a pseudo-decentralized blockchain project, EOS is performing exceptionally well on the trading front. The EOS/USD rate during the weekend noted more than 16% surge. The upside action came in continuation of a strong bounce back from the 1.546-fiat level on Friday. The combination of Friday and weekend
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Given the early post-hard fork performance, the race between Bitcoin Cash ABC and Bitcoin Cash SV has taken an interesting turn as of late, with the former shedding an increasing amount of market capitalization and the latter rebounding and recovering to the point that it is, at the time of writing, potentially on the verge
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Intel has been awarded patent #10,142,098 , which pertains to a system they’ve designed which improves the energy efficiency of Bitcoin miners. While it takes a hardware engineer to fully understand what’s going on in their patent, relevant to the discussion is the following quote: […] certain portions of the input message, state data, and
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Tron on Thursday rose up to 33.33% against the US Dollar as the crypto market headed for an extended upside action. The TRX/USD tested a new weekly high at 0.016-fiat, according to data available at BitFinex, before correcting lower towards 0.0144-fiat, an intraday support. It should be more likely a bull flag formation, meaning the
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A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against USD or USD-pegged cryptocurrencies themselves – meaning these gains are realistic, not just figurative. Litecoin gained over 13% against the dollar while Monero
The post Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies appeared first on CCN
The Ripple market segment witnessed a 21 percent recovery upon establishing a new November low at $ 0.329. The XRP/USD rate on Monday touched 0.399-fiat in a higher high formation on BitFinex. In the meantime, the coin’s market cap reached close to $ 15.61 billion, replacing Ethereum to become the world’s second-largest cryptocurrency. Ripple’s chief marketing strategist
The post Ripple (XRP) Gains 21% in Market-wide Recovery, Overtakes Ethereum as 2nd Biggest Crypto appeared first on CCN
Over the past 24 hours, the crypto market has lost about $ 4 billion of its valuation against the US dollar. Major cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Ripple (XRP) extended their losses by 2 to 8 percent. The price of BCH dropped from $ 236 to $ 215, by nearly nine percent. In
The post Crypto Market Continues Slow Bleed Out But Tokens Record 20% Gains appeared first on CCN
Last August, Dogecoin (DOGE), a cryptocurrency based on a popular meme that boasts low-fee transactions and a scalable network, went on a massive run thanks to the “Dogethereum” demo. Dogethereum is an experimental effort to bring dogecoin to the Ethereum blockchain, enabling the use of Dogecoin with Ethereum smart contracts through a new DOGE-backed Ethereum token. The system acts essentially […]
SludgeFeed
The New York State Department of Financial Services (DFS) has just issued its 14th BitLicense to NYDIG Execution, a subsidiary of the New York Digital Investment Group LLC (NYDIG). DFS Grants Virtual Currency and Money Transmitter License to NYDIG Execution, LLC https://t.co/arn1NECzlD — NYDFS (@NYDFS) November 14, 2018 According to the press release, the DFS has […]
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The COBINHOOD token ‘COB’ has been reported across various sources such as CoinMarketCap as having appreciated significantly over the past 10-12 hours at the time of writing, when compared to the same trading values from the previous 24 hours. Current token value stands at $ 0.024001, a reported 6.81% increase in average trading price compared to
The post Smallcap Token Cobinhood (COB) Gains 14.26% in Wider Market Downturn appeared first on CCN
Bitcoin kicked off the week by erasing gains made during the weekend, falling 1 percent against the US Dollar. Bitcoin Relinquishes Hard-Fought Gains The BTC/USD pair stayed depressed despite an upside attempt, printing intraday lows near 6319-fiat against the high at 6384-fiat. The breakdown action in the European forex market helped the dollar establish its 16-month
The post Bitcoin Erases Weekend Gains & Struggles to Break Out of Bear Trend appeared first on CCN
The price of Bitcoin Cash (BCH) jumped as much as 10% on Friday, as major exchanges and other crypto platforms have started announcing support for the hard fork that is scheduled to take place in roughly two weeks. #Binance will support the upcoming Bitcoin Cash hard forkhttps://t.co/xfJcrIwFZe pic.twitter.com/CWFTA13ULp — Binance (@binance) November 2, 2018 The fork centers […]
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The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto token that managed to tread water in October — tron (TRX).
The post As Ethereum & Ripple (XRP) Plunged, Tron the Only Major Crypto Post Gains in October appeared first on CCN
There have been many blockchain startups in the past few months and they have been making moves to bring in the best talent from the biggest tech companies and banking industries. One of the best examples of this has recently been announced by Ripple.
Amir Sarhangi will be leaving one of the biggest companies in the world, Google, for his new position at Ripple. Sarhangi founded Jibe Mobile in which he led the development team for a messaging system which has been widely regarded as the successor to SMS texting.
Still trading in a narrow range against the dollar, bitcoin is looking strong against ether and could soon pick up the altcoin bid.
CoinDesk
The best time to enter a market is when it’s oversold, which is exactly what is happened with the crypto industry as it retains a yearly bearish pattern.
With a recent drop, followed by some significant gains from a certain bottom area has upped medium-term bullish sentiments in the crypto market. The biggest cryptocurrency in the market, Bitcoin has reversed its downtrend on several occasions after testing a $ 250 wide area below $ 6,000 as strong support. The price action has led those with bullish attitudes to conclude that it would be impractical for the bears to crash Bitcoin below the $ 6,000 mark citing miners breakeven ROI.
Bear markets refine industries. Overall sentiment becomes negative from all angles, and naysayers proclaim that crypto is “dead.”
Underneath all the fear, uncertainty and doubt, though, developers are still building.
Case in point, Go-Ethereum (or geth), a command-line interface for running an Ethereum node using the Go programming language, is now the fifth fastest growing open-source project in GitHub
https://octoverse.github.com/projects#repositories
. The other projects above go-ethereum on the list are azure-docs from Microsoft Azure, pytorch from Facebook, godot from the GoDot Gaming Engine and nuxt.js, a Javascript framework.
Today proves to be a very interesting day for holders of coins and tokens most other enthusiasts have never heard of. Ubex is a relatively new token which is currently going through a massive price uptrend right now. Over the past 24 hours, its value has gained over 500%, albeit it seems that may be due to an exchange bug first and foremost.
Things are looking relatively boring where the top 20 cryptocurrencies ranked by market cap are concerned. In the case of Aion, an altcoin which has not been making too many headlines, things are progressing nicely. It is one of the strongest gainers in the top 100 altogether, as its value is on the verge of surpassing $ 0.46.
Most cryptocurrency users won’t be familiar with Aion, the cryptocurrency. That is not abnormal, as this project seems to get lost in the sea of altcoins and tokens coming to market in the past year. In the case of this project, its developers are designing a multi-tier system to address scalability and enhance blockchain interoperability. A worthwhile venture, which seems to be getting a lot of attention as of right now.
South Korea’s largest cryptocurrency exchange by trading volume, Bithumb, has seen a Singapore-based blockchain consortium become its majority owner in a $ 350 million deal. BTC Holdings Company, which was Bithumb’s biggest stakeholder until Thursday with a 75.99% stake finalized an agreement to sell 50 percent plus one stake for 400 billion won (approx. $ 352 million)
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