Shock as Giant Huobi And Bitmain Slow Down Activities Till Next Year - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
You won?t believe this but Huobi and Bitmain; specializing in exchanging cryptocurrency and mining respectively, have both announced that they will lay down their operations till next year. For different reasons, both of them seek to reorganize themselves to get the best resources that will see them achieve their set missions and objectives in 2019. ?We want to focus on our core mission and get things done most appropriately as we head to 2019. Also, we seek to hire the best talents (despite the background) to get us where we want to be,? Says Bitmain Technology. With the current news circulating in China, rumors have it that almost half of Bitmain?s employees might lose their jobs once the layoff is complete. This publication was first seen by us on December 27, 2018 9:19 PM. Visit todaysgazette.com to find more similar content.
An article about how DApps can save blockchain with utility - by TronChat Team
The blockchain industry has been built almost entirely on speculation. This has been a double-edged sword, allowing for rapid growth and expansion of asset value coupled with a contrasting lack of stability and fundamental price support. In short, speculation has allowed for the industry to blossom before it has accomplished any of it?s actual goals. Speculation allows for assets to enjoy inflated liquidity and valuations. This was certainly the case for cryptocurrencies over the past decade, with total market caps reaching almost $1 Trillion without any widely adopted use cases. Speculation is not unique to cryptocurrency. Speculation exists in traditional markets as well. In the FX (foreign exchange) market, the most liquid in the world at $5T exchanged daily, over 80% of trading is speculative. Without speculators, markets would be less liquid and would function poorly. Tech stocks experience the same paradigm, especially the FAANG stocks (Facebook, Apple, Amazon, Netflix, Google) which trade based on highly inflated revenue predictions that allow total valuations for these companies to soar orders of magnitude above their annual revenues. Speculation over values for these highly coveted tech giants led to a crash of over $1 Trillion dollars this year, worth more than the entire cryptocurrency industry by market capitalization. This post was retrieved by us on December 27, 2018 9:14 PM. Check out medium.com for more from this source.
Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar | Bitcoin Magazine Verified on Po.et Group 3 social-facebook social-twitter
Ready to start building Dapps? Dive deep into blockchain development. Subscribe Now Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network?s blockchain in collaboration with IBM. Stronghold USD will be backed with ?one-to-one U.S. dollars per coin,? according to an official press release, and held in an account with Nevada-based Prime Trust, the same trust company that banks for the stablecoin TrueUSD. The stablecoin is also purportedly protected by FDIC Insurance, something no other stablecoin or cryptocurrency company ? bar Coinbase and Gemini ? can claim. Founded in 1933 in the throes of the Great Depression, the FDIC is a federal agency that provides deposit insurance for clients at commercial banks and savings institutions, covering amounts up to $250,000. This post was obtained by us on December 27, 2018 7:32 PM. Browse bitcoinmagazine.com for more similar content.
SegWit2X and the Case for Strong Replay Protection (And Why It's ... | Bitcoin Magazine Group 3 social-facebook social-twitter
Ready to start building Dapps? Dive deep into blockchain development. Subscribe Now Come November, the remaining signatories of the ?New York Agreement? (NYA) plan to deploy the ?SegWit2X? hard fork to double Bitcoin?s block weight limit, allowing for up to 8 megabytes of block space. Since not everyone supports this hard fork, this could well ?split? the Bitcoin network into two incompatible blockchains and currencies, not unlike Bitcoin and Bitcoin Cash (Bcash) did two months ago. But this NYA hard fork is controversial and not only because it lacks consensus. It?s also controversial because of design choices made by the development team behind BTC1, the software client associated with the New York Agreement. Perhaps most importantly, this development team, led by Bloq CEO Jeff Garzik, has so far refused to implement replay protection, a measure that Bcash did take. Partly for this reason, at least one NYA signatory ? Wayniloans ? has backed out of the agreement. This entry was discovered by us on December 27, 2018 7:18 PM. Browse bitcoinmagazine.com for complete listings from this source.
OzCoin Hacked, Stolen Funds Seized and Returned by StrongCoin | Bitcoin Magazine Group 3 social-facebook social-twitter
Coinbase CEO Brian Armstrong Launches Cryptocurrency Charity Fund | Bitcoin Magazine Verified on Po.et Group 3 social-facebook social-twitter
Ready to start building Dapps? Dive deep into blockchain development. Subscribe Now On June 27, 2018, Coinbase CEO Brian Armstrong announced his new cryptocurrency charity fund, GiveCrypto. Armstrong established the philanthropic venture to financially empower people with direct cryptocurrency distributions. Armstrong and partner Rose Broome, previously co-founder and CEO of HandUp.org, have already raised $1 million from prominent cryptocurrency community members. They plan to raise $10 million by the end of 2018 and $1 billion over a two-year time frame. The nonprofit?s mission is to give 100 percent of its cryptocurrency contributions to impoverished people, an altruistic goal that simultaneously drives cryptocurrency?s real-world utility. This posting was found by us on December 27, 2018 7:08 PM. Visit bitcoinmagazine.com for more similar content.
Bitcoin: A Peer-to-Peer Electronic Cash System
Use this QR code or address below The paper that first introduced Bitcoin Satoshi Nakamoto's original paper is still recommended reading for anyone studying how Bitcoin works. Choose which translation of the paper you want to read: Do you want to translate the paper into your language? Visit the Bitcoin whitepaper repository on GitHub for instructions and open an issue if you have any questions. 3FkenCiXpSLqD8L79intRNXUgjRoH9sjXa This publication was first seen by us on December 27, 2018 6:53 PM. You may want to visit bitcoin.org for more.
Tronix Price Analysis - May 22 | CryptoGlobe
Supply zones: $0.09000, $0.1000, $0.1100 Demand zones: $0.0500, $0.0400, $0.0300 Tronix remains bullish in the medium-term. The bulls are still dominating the market despite the bears' sudden appearance. The bears succeeded in pushing the price to the $0.07700 demand area twice to give a double bottom formation which is an indication of a trend reversal. This is around the 12 and 26 moving averages as you can see from the chart. The drawdown is at 50 percent fib level. This implies more buyers are likely to come back and for the uptrend continuation to resume. Interestingly the price is above the 50 EMA. This is still a buyers? arena- so more buying may occur in the medium term. The stochastic oscillator in the oversold region with the signal up -meaning upward momentum by the bears as they push price up north. This information was found by us on December 27, 2018 6:38 PM. Have a look at www.cryptoglobe.com for complete listings from this source.
Crypto Billionaire in Secret Recording: Binance and TRON are scammers, NEO Worthless | CryptoGlobe
A secret recording of a Chinese crypto billionaire apparently slamming many top cryptocurrencies has come to light - including comments trashing several of the top players in the space. Surfacing on Chinese social media yesterday, the recording claims to feature venture capitalist Li Xiaolai disparaging several big crypto projects as ?cheaters? and ?scams,? as well as savaging Binance founder and CEO Zhao Changpeng. Xioalai founded BitFund in 2013 and as well as investing personally in a plethora of crypto projects, has seen his crypto VC firm grow to become one of the largest in the industry - putting his net worth at over $3.5bn. This information was obtained by us on December 27, 2018 6:37 PM. See www.cryptoglobe.com to find more similar content.
TRON Foundation Burns Fifth Batch of ERC20 Tokens | CryptoGlobe
The TRON Foundation said in a September 13th blog post they have burned around 4.9 billion TRON ERC20 tokens. The foundation?s fifth token burning event was designed to further facilitate a transition from Ethereum to the mainnet. According to a TRON blog post from September 13th, the TRON Foundation has burned 4,917,487,036.059613 ERC20 tokens. The latest burn, which was intended to help smooth the transition away from the Ethereum blockchain, now represents the fifth time the company has burned old ERC20 tokens. On September 13th, the Foundation said token migration was still ongoing, but explained they would keep ?Tronics? up to date about forthcoming news. TRON also made the burn record publically available for view on Etherscan. This piece was obtained by us on December 27, 2018 6:36 PM. You may want to visit www.cryptoglobe.com for more from this source.
Crypto Derivatives Exchange BitMEX Announces TRON (TRX) Futures Contract | CryptoGlobe
On Monday (25 June 2018), or TRON Independence Day, cryptocurrency derivatives exchange BitMEX announced that it is soon launching a TRON (TRX) futures contract. Here is the announcement on BitMEX's blog by BitMEX co-founder and CEO Arthur Hayes: Due to popular demand, we will be listing the BitMEX TRON / Bitcoin 28 September 2018 futures contract, TRXU18, on or before 26 June 2018 08:30 UTC. However, on Tuesday (26 June 2018), BitMEX sent out the following tweet to explain why it was unable to go ahead with the launch on June 26th and instead postponing this to June 27th: Binance is back online. We will list TRXU18 at 08:30 UTC tomorrow, June 27. https://t.co/1qAAsr86To This information was found by us on December 27, 2018 6:35 PM. See www.cryptoglobe.com for additional posts.
Tron Wallet Released for Android, iOS, Company Reveals Stake In BitTorrent Founder's Chia Network | CryptoGlobe
The Tron Wallet has reportedly been approved by Apple and is now available on its App Store. According to an official Medium post by the Tron team, the wallet?s development began ?with a strong drive to build and validate [its] app? for both the Android and iOS operating systems. While Tron?s developers noted that they experienced some challenges during the development of the iOS version of the Tron Wallet, they claim that its app is a ?carbon copy? of the latest Android version that supports multiple accounts and also provides an address book to its users. Tron Wallet?s Github page describes it as ?a decentralized [peer-to-peer] P2P crypto wallet? for TRON (TRX). So far, the Apple iOS version of the crypto wallet has received positive reviews with one reviewer (username: terenas) commenting that it has a sleek ?minimalist design? and a useful multi-wallet feature. Meanwhile, user Aeiou430 wrote that ?the wallet is easy to use, voting is simple and [you?re] finally connected to the Tron Network.? This entry was retrieved by us on December 27, 2018 6:35 PM. Visit www.cryptoglobe.com for complete listings from this source.
Tronix Price Analysis - May 24 | CryptoGlobe
Supply zones: $0.08000, $0.09000, $0.1000 Demand zones: $0.0500, $0.0400, $0.0300 Tronix is bullish in the medium-term. The bears' target of the $0.06000 demand zone was not achieved as their momentum gradually faded. $0.06500 was their limit as the bulls staged a comeback. The demand zone at $0.06500 was a good platform for the bulls to push the price up to the $0.07330 supply area. Tronix is in the corrective leg b of wave 5. The wave count started from May 21. At waves 5 an a, b, c corrective wave is expected. The push in price is expected from b up to point c. This thus creates a nice inverted head and shoulder pattern. This post was first found by us on December 27, 2018 6:34 PM. Have a look at www.cryptoglobe.com for complete listings from this source.
Tronix Price Analysis - May 16 | CryptoGlobe
Supply zones: $0.09000, $0.1000, $0.1100 Demand zones: $0.0500, $0.0400, $0.0300 Tronix's bearish trend is still valid in the medium-term. The bearish pennant formation of yesterday favoured the bears as predicted. The failure of the bulls to muscle up momentum for a breakout from the $0.07300 supply area resulted in the bears' strong comeback. The bears' momentum was strong and this resulted in breaking the $0.07000 and $0.06500 demand areas. The price was pushed below the three exponential moving averages crossover, after breaking the demand area at $0.07000, with a long bearish engulfing candle, as seen in the chart. The exponential moving averages are fanned apart, indicating strength in the context of the trend and, in this case, the downtrend. A rejection to the upward price move was seen at the moving averages and was well captured by the stochastic oscillator. The daily price opened bearish at $0.06678 below the three exponential moving averages crossover. This was lower than yesterday's open of $0.07070. These confirm more bearish pressure. As more bearish candles closed and formed below the crossover, the retest and possible break of the $0.06000 demand area is probable. This posting was found by us on December 27, 2018 6:32 PM. You may want to visit www.cryptoglobe.com for more.
TRON's TRX Token Drops 5% as Mainnet Launch Fails to Impress | CryptoGlobe
TRON?s (TRX) mainnet has launched today and its price dropped by approximately 4.5 percent in the last 24 hours, according to data from CryptoCompare. In the past 7 days, Tron?s TRX token has dropped 14% percent, which is the sharpest decline out of the top 15 cryptocurrencies. While some might attribute the drop to the bearish trend cryptos are going through, there may be other factors. Odyssey 2.0, Tron?s mainnet, launched at 12 am UTC today and the process of transferring over $4 billion worth of TRX to its mainnet has begun. At press time, the TRON team led by its founder Justin Sun is focusing on appointing ?super representatives.? This will reportedly be done by holding elections, and it?s expected to be completed in about a month. This entry was found by us on December 27, 2018 6:31 PM. Visit www.cryptoglobe.com for more.
TRON Founder Justin Sun is Being Impersonated By Cryptocurrency Scammers | CryptoGlobe
Cryptocurrency scammers seem to have gained control of an official Twitter account (@AlmostHumanFOX) belonging to FOX?s Almost Human show. The scammers are also reportedly using the account to lure unsuspecting users by offering fake ?giveaways? or free cryptocurrency. At present, the hacked Twitter handle is impersonating TRON founder and CEO Justin Sun and it?s not clear exactly how the account was compromised. The hacked account appears to be tweeting TRON related updates since the past three days. Moreover, Twitter?s management, the FOX broadcasting company and people from the discontinued Almost Human TV series have not officially said anything regarding the hack. Reportedly, the Bitcoin and Ethereum addresses being used by the scammers have not yet received any digital currency from unsuspecting users, according to blockchain data. This publication was retrieved by us on December 27, 2018 6:30 PM. You may want to visit www.cryptoglobe.com for more similar content.
Tronix Price Analysis - May 11 | CryptoGlobe
Supply zones: $0.07000, $0.08000, $0.09000 Demand zones: $0.0500, $0.0400, $0.0300 Tronix's bearish trend continues in the medium-term. The market is being dictated by the bears as they continue to push the price further down, breaking major demand zones. We see a bounce off the trendline each time the bulls pushed the price to the trendline. The bears' pressure was strong as they broke through two demand zones at $0.07000 and $0.06500. The daily candle opened bearish and below the three exponential moving averages crossovers. This implies that a more bearish momentum and price may be pushed further down. The three moving averages are fanned apart. This suggests a strength in the context of the trend, in this case, the downtrend. We see a rejection to the upside momentum in the stochastic oscillator. This means a downward momentum continuation. The bears' target is likely the $0.06000 demand zone in the medium-term. This share was discovered by us on December 27, 2018 6:27 PM. Visit www.cryptoglobe.com for more.
TRON (TRX) Founder and CEO Demonstrates His Support for Net Neutrality | CryptoGlobe
On Thursday (1 November 2018), Justin Sun, the founder and CEO of TRON Foundation, announced his support for net neutrality, and demonstrated this support with a $10,000 pledge to DonateForNetNeutrality.com, a crowdfunding effort by the non-profit organization "Fight for the Future", which was founded in 2011 with the mission of ensuring "that the web continues to hold freedom of expression and creativity at its core." The goal of this organization is "to build tech-enhanced campaigns that resonate with millions of people, enabling them to consolidate their power and win historic changes thought to be impossible." This publication was obtained by us on December 27, 2018 6:24 PM. You may want to visit www.cryptoglobe.com for complete listings from this source.
Tronix Long-Term Price Analysis | CryptoGlobe
Supply zone: $0.9000, $0.1000, $0.1100 Demand zone: $0.0500, $0.0400, $0.0300 Tronix?s long-term outlook is once again bearish. The bullish run from April 8 kept gradually fading until April 30, with the bearish railway track formation. The price was pushed high to the $0.10000 supply zone for the bulls but they lost control of the market to the bears. The bears' pressure was strong as they broke key demand zones at $0.09000, $0.08000, $0.07000 and $0.06000. The cryptocurrency?s is below the EMAs, which connotes bearish pressure. The formation of a bullish railway means that the bulls are gradually coming back. This article was retrieved by us on December 27, 2018 6:19 PM. Check out www.cryptoglobe.com for additional posts.
TRON (TRX) Mainnet Launch and Token Migration: Everything You Need to Know | CryptoGlobe
On May 31st, TRON (TRX) will launch its own blockchain (or "Mainnet") and begin its "Odyssey" (v 2.0) phase of development. The countdown clock is currently on display on the TRON Foundation website. In this article, we try to answer the most important questions about TRON's blockchain upgrade and the migration of its tokens to this new blockchain from the current Ethereum blockchain. Currently, Tron does not use its own blockchain; instead, it runs on the Ethereum blockchain and its TRX tokens are based on the ERC20 standard. The "Exodus" in Tron's development roadmap started on March 31st, when a test version of Tron's native blockchain ("Testnet") was launched. And on May 31st, it will be time to launch the production version of Tron's native blockchain ("Mainnet"). This posting was obtained by us on December 27, 2018 6:16 PM. Visit www.cryptoglobe.com for more.
Tronix Price Analysis - May 28 | CryptoGlobe
Supply zones: $0.08000, $0.09000, $0.1000 Demand zones: $0.0500, $0.0400, $0.0300 Tronix is bearish in the medium-term outlook. The bullish run that started on May 23rd came to an end on May 26th after the price got to the supply area at $0.07365. The loss in momentum by the bulls set the bears back into the market. The bears came back strong, and broke the $0.07000 demand zone and later pushed the price down to the $0.0680 demand area. Efforts by the bulls towards a return were rejected by the bears at the 12-day EMA. The daily candle opened bearish at $0.07010 below the 3 EMAs crossover which connotes more sellers presence and pressure. The 3-EMAs are fanned apart which means strength in the context of the trend and in this case the downtrend. The stochastic oscillator was rejected for the upward momentum and now points down suggesting a downward price movement as the bears' pressure increases. The bears may likely retest the demand zone at $0.06500 in the medium term. This article was first found by us on December 27, 2018 6:16 PM. Check out www.cryptoglobe.com for additional posts.
Tronix Price Analysis - May 1 | CryptoGlobe
Supply zones: $0.0900, $0.1000, $0.1100 Demand zones: $0.0500, $0.0400, $0.0300 The bulls still dominate Tronix's medium-term outlook. The bullish run was a nice journey, as it was a retest of Jan 18th supply zone. The bears' impact at the $0.1003 supply area is much expected and pushed the price to the $0. 08500 demand area. The pullback that is currently happening is necessary for the market correction. This will provide another opportunity for more buyers to take Tronix to a new supply area. The Stochastic Oscillator is in the oversold area, as more bullish candles formed and closed above the three moving average crossovers; a change in the signal of the stochastic will point upward, confirming the upward momentum. This information was retrieved by us on December 27, 2018 6:15 PM. You may want to visit www.cryptoglobe.com for complete listings from this source.
TRON Partners With NeoWorld Game, Erects Virtual Skyscraper | CryptoGlobe
Justin Sun?s TRON Foundation, which develops the TRX token and ecosystem surrounding it, has announced a partnership with the blockchain-based game NeoWorld, it said in its Medium blog. The announcement seems to be light on details, however. The Foundation reports that it has ?built? a virtual building inside the game world, which ?ranks the top [sic] in both its height and working rewards. There will be more detailed planning on the NeoWorld Island in the future.? TRON also announced its ?cooperation? in ?planning the NeoWorld Exclusive Island? - again, there were no further details as to the substance of this presumably virtual space. This share was first found by us on December 27, 2018 6:14 PM. See www.cryptoglobe.com for more similar content.
World s Biggest Porn Site Pornhub Adds Tron, ZenCash as Payment Options | CryptoGlobe
Pornhub, the world?s biggest porn site, has recently added two new cryptocurrencies as payment methods: Tron?s TRX token and ZenCash (ZEC). A look at the website?s sales pages now shows a ?use cryptocurrency? button, instead of ?pay with Verge.? The announcement reveals that MindGeek?s partnership with Verge (XVG) wasn?t exclusive, as opposed to what was initially revealed. A video published on Pornhub?s official YouTube account seemingly mocks the slogan used in its initial partnership with XVG. It?s titled ?Pornhub and TRON (TRX): The Future Has Come? Again.? Pornhub and TRON (TRX): The Future Has Come...Again. @tronfoundation accepted soon on Premium pic.twitter.com/EzGRjSsJTH This share was retrieved by us on December 27, 2018 6:13 PM. Have a look at www.cryptoglobe.com to find more similar content.
Tronix Price Analysis - May 8 | CryptoGlobe
Supply zones: $0.09000, $0.1000, $0.1100 Demand zones: $0.0500, $0.0400, $0.0300 Bearish trend to continue in the medium-term for Tronix. The bears' pressure was briefly overtaken by the bulls at the $0.08000 critical demand area. The bulls came in and took the price up to $0.08596. The downward trendline was likewise broken by the bullish upward momentum and also retested it. This is very significant. The bears' dominance is tested as the bulls seek to take control of the market. The Stochastic oscillator is a sellers? arena with the signal pointing down. It therefore implies that more bearish impact will be seen in the market. The daily opening price was $0.08224 against yesterday open of $0.08444, thus more selling pressure. This publication was obtained by us on December 27, 2018 6:06 PM. Browse www.cryptoglobe.com for additional posts.
Justin Sun: TRON (TRX) Will Have Improved Privacy in Q1 2019 | CryptoGlobe
In a recent interview with journalist Rachel Wolfson, Justin Sun, the Founder and CEO of TRON Foundation, talked about a wide range of interesting topics, with perhaps the most important being his plans to add privacy features to TRON. (Rachel's exclusive interview with Justin, which covered a wide range of interesting topics, is available on episode 212, season 1 of The Bad Crypto Podcast.) Featured Image Courtesy of TRON Foundation This share was retrieved by us on December 27, 2018 6:04 PM. Check out www.cryptoglobe.com for more similar content.
Crypto Exchange Bittrex Launching USD Markets for TRON (TRX) and Litecoin (LTC) | CryptoGlobe
On Wednesday (12 September 2018), U.S. based digital asset exchange Bittrex announced that it was planning to launch two new USD trading pairs. It all started on 31 May 2018 when Bittrex said that it was offering US dollar (fiat) trading for corporate customers and planning "to expand these services over time to include all qualified customers." The initial markets for fiat trading on Bittrex would include Bitcoin (BTC), Tether (USDT) and TrueUSD (TUSD). Bittrex said that it was "implementing a phased roll out to help establish quality control for the new markets and ensure customers have the highest level of service possible." This publication was found by us on December 27, 2018 6:01 PM. Check out www.cryptoglobe.com for complete listings from this source.
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