Ark News (ARK) - Page 1

Bull market approaches as Ethereum coils up in preparation for major upside move
Keep up to date with all the latest news from Coin Rivet. By signing up, you agree to our terms & conditions and privacy policy Cryptocurrency?s second-largest coin in terms of market cap ? Ethereum ? looks like it may topple yearly highs despite falling 6% overnight. Following an extended rally from $140 at the start of April, Ethereum tested the daily 200 exponential moving average (EMA) before consolidating between the $160 level of support and the $181 level of resistance. In spite of the recent drop to $165, Ethereum looks to be coiling up for a fairly dramatic move to the upside. Bitcoin produced an Easter Sunday rally to lift itself above $5,350 before stalling just short of $5,700, but much like in 2017, numerous altcoins fell against their BTC trading pair.
April 24, 2019 7:03 AM

Bitcoin scores a golden cross and now everyone is bullish
Published: Apr 23, 2019 1:17 p.m. ET ?Those that have the patience to stick around will be rewarded handsomely,? says bitcoin fund manager Once beaten down, bitcoin aficionados are growing louder by the day. On Tuesday, the best-known digital currency surged through $5,500, trading at a five-month high and homing in on key resistance around $6,000. And as momentum picks up, a closely watched bullish indicator suggests further gains are in sight. ?The technical picture for is looking increasingly bullish on the daily charts with the fabled bullish ?golden cross? slowly coming into play,? said Lukman Otunuga, research analyst in a Tuesday note.
April 23, 2019 2:32 PM

Stellar-powered social marketplace SOMA closes 1
The funding will be put towards market research, acquiring a user base, and refining SOMA?s product and design. Initially, the marketplace will be focused on watches: SOMA has over 50 partners in the luxury watch industry, including microbrands, independent watchmakers and other watch sellers. Following early testing, SOMA will scale to other sectors. The social marketplace will see two rounds of early access in June: Cohort 1 will be limited to 100 participants, who will receive discounts of up to 70% and cash incentives of up to $200. Cohort 2 will consist of 500 people, with details such as rewards and discounts revealed closer to the time of launch. Registration details will be posted on the SOMA Facebook group before being released to the public.
April 23, 2019 10:02 AM

Pilot Project - Co-creating a European Ecosystem of Distributed Ledger Technologies for Social and Public Good
The European Commission is launching a Call for Proposals for a Pilot Project in the field of Distributed Ledger Technologies (DLTs) for Social and Public Good. There is now a growing interest from public and third sector organisations at local, national or supranational levels in reflecting about and experimenting with Distributed Ledger Technologies (DLTs), the most known being Blockchain, due to their potential for decentralising processes and data management. This Call for Proposals (CfP) aims at selecting a beneficiary/consortium to support the European Commission in the co-creation of a European ecosystem of developers working on DLTs for Social and Public Good.
April 23, 2019 4:31 AM

ToolChain Revolutionizing your business, supply chain and product marketing
For decades, businesses small to big, from start-ups to SMEs to massive private and state owned enterprises has been plagued with various supply chain issues such as poor traceability along the supply chain as well as the need for more transparent business practices. Ineffective supply chain risk management as well as a lack of end-to-end visibility are both cited by a study conducted by Deloitte 2018 study titled ?Continuous interconnected supply chain?. Authenticity and anti-counterfeiting is also a concern in many industries with widespread counterfeiting happening in the market. Coupled with today?s purchasing behaviour by increasingly educated customers demanding greater transparency, sustainability, ethical business practices and so on, the reality is that even with modern traceability technologies and structures laid out and deployed, businesses still fail to properly track and trace their supply chain as well as effectively communicating their efforts to said customers.
April 23, 2019 2:24 AM

TIL the 2008 financial crash directly led to 6566 suicides, causing more deaths than the September 11 attacks
Associate Professor in Finance, De Montfort University Professor of Finance, The Open University The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment. The Open University provides funding as a founding partner of The Conversation UK. De Montfort University provides funding as a member of The Conversation UK. Republish our articles for free, online or in print, under Creative Commons license. Writing in the wake of the 1929 stock market crash, New York Times columnist Will Rodgers commented that the level of panic was such that it induced a spate of suicide among traders. Although stories of increased rates of suicide in the aftermath of a financial meltdown are deeply ingrained in the folklore of finance, until now these have not been investigated empirically.
April 20, 2019 7:47 AM

Millennials Most Likely to Invest to Cryptocurrencies, Most Worried of a Stock Market Crash
Home » Millennials Most Likely to Invest to Cryptocurrencies, Most Worried of a Stock Market Crash According to a new study of 1,000 Americans, Millennials are more worried than older Americans of a stock market crash. Older Americans ranked politics, terrorism, and developments overseas as more worrisome than the stock market. The condition of the stock market is on the mind of Millennials more than any other group, according to a new poll conducted in the U.S. Aside from the political situation, Millennials see a collapsing stock market as the greatest threat to the current U.S. economy. The discrepancy is likely due to the fact that Millenials fear that an economic recession would ruin their already-precarious job prospects. Older Americans, on the other hand, do not place as much emphasis on a stock market collapse due to having more discretionary savings to invest in the case of a market decline. Millennials, as a group overall, are far more sensitive about market volatility and more cautious as a result.
April 20, 2019 7:46 AM

Correlations Between Top Coins and the Cryptocurrency Market Dropped in 2019
Last year, I published an article which discovered that 75% of the top 200 coins by market cap had a correlation of 0.67 or higher over the last two years. In 2018, correlations between cryptocurrencies and the total cryptocurrency market were especially high. 75% of the top 200 coins by market cap had a correlation of 0.87 or higher. High correlations between individual coins are typically a really bad thing bcause it makes harder to mitigate risk by diversifying and it implies that the market cannot differentiate between good & bad projects. 2018 was bear market and it makes sense that correlations were high since the prices of all cryptocurrencies tumbled altogether.
April 19, 2019 12:28 PM

Monero hitting half-decade mark!
Cryptocurrency News & Your Guide to the Blockchain Economy This April 18th, the Monero (XMR) privacy coin notably celebrates its fifth birthday. The project?s genesis block was mined on that same day back in 2014. Like the discussions that arose around the Bitcoin blockchain?s 10th anniversary earlier this year, Monero?s latest birthday will undoubtedly instigate a period of reflection in the XMR community over how far the cryptocurrency has progressed in its journey to date. Zooming out, the privacy crypto has indeed advanced in most regminards since its launch ? namely in its popularity and in its technical prowess.
April 17, 2019 2:50 PM

"I had a look at what marketing experts have to say about ICO promotions on Reddit
I don't know what thought process lead to me searching for shilling services but I was curious to know how much knowledge they actually have about the platform. It is just ridiculous how much misinformation they share in articles that are titled "ultimate guide to ICO marketing on Reddit" in many different variations. First up, the "How To Promote Your ICO On Reddit" guide from a website called coinist. It even has a stunning subtitle that says ICOs are promoted these days everywhere from billboards to celebrity Instagram accounts, but one of the most effective methods might be self-proclaimed ?front page of the internet.?
April 17, 2019 7:00 AM

Binance enlists CipherTrace to boost compliance, expand into new markets
From his throne atop Mt. Crypto, Changpeng Zhao surveys his empire, and whispers to himself, ?It isn?t enough.? To hear CoinDesk tell it, Binance, the world?s leading cryptocurrency exchange, isn?t just at the top of its game but the  game?its brilliance  unrivaled by any company in the history of cryptokind. A bit much? It?s not an unpopular take. Hell, some heavyweight crypto pundits say Binance is so damn big and rich, it only has to play nice with global regulators if it wants . And, well, it seems like Binance wants. But on its own terms, of course. On Thursday, the company announced it has hired CipherTrace? the Silicon Valley-based cryptocurrency intelligence solutions company known for its anti-money laundering and blockchain forensics operations.
April 12, 2019 5:21 PM

Liberland's Merit Token Built on Bitcoin Cash Captures $1M Market Cap
The sovereign microstate known as Liberland has recently minted a new token called merit (LLM) and the coin has been added to the Altilly exchange. Merit is a token built on top of the Bitcoin Cash chain and was issued using the Simple Ledger Protocol (SLP) on March 11. Since the Altilly listing, the token has gathered a market valuation of $1.1 and each LLM is swapping for more than $1 at press time. Also Read: Installing a Subdermal Bitcoin Wallet Is Only for the Brave Last October, Liberland revealed that it planned to issue a new cryptocurrency called merit and originally the micronation was going to use the Ethereum blockchain. However, Liberland has decided to create its merit (LLM) tokens using the Bitcoin Cash network coupled with the Simple Ledger Protocol (SLP). According to blockchain statistics, Liberland has created 1 million LLMs and started minting on March 11. Each token also has a website URL tethered to the coin?s metadata which leads to LLMs were created at block 573350, are divisible to nine decimals, and the last mint took place on 573350. More merits can also be issued again at a later date so Liberland can add more coins to the token supply.
April 10, 2019 12:15 PM

websnark: zkSnarks generation from the browser is now fast and easy
Iden3 hopes to become an open standard for Self Sovereign Identity. We intend to deliver a reference Open Source implementation of the protocol that can be used by end users very soon. The main requirements of this protocol are usability, interoperability, privacy by default and scalability. In order to achieve the last two, zero knowledge technology is key. Zero Knowledge is one of the hot topics in the crypto space. And it's also a key technology for Iden3. That's why we are putting in a lot of effort to help develop this technology and to bring it to the end user. Today we present an important piece of the puzzle: websnark. Websnark is a library to generate zero knowledge proofs from the web browser. This library is fully written in web assembly by hand using wasmbuilder, a tool developed specifically for this project.  This allows to generate zero knowledge proof from the browser (desktop or mobile) in a few seconds in the most common use cases.
April 10, 2019 10:41 AM

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