January week 2 Cryptocurrency markets analysis: BTC, ETH and XRP January week 2 Cryptocurrency markets analysis: BTC, ETH and XRP
The second week of January 2019 was punctuated by a Bearish trend in the markets across the board. This was after a promising start to the New Year where a Bullish trend was observed in most cryptos. The upward trend was projected to continue till the various Altcoins regained their previous psychological prices which had come down in the post fork period. Throughout the week, Bitcoin went under the $4000 mark which had held as support in week 1. The trend was also seen in Ripple and Ethereum which moved into the oversold area during the week signaling negative investor sentiments. Throughout the week, Bitcoin lost by 13.24%. It began the week trading at $4169 with a strong support at $4000 and most indicators pointing towards an upward trajectory. As the week wore on however, the Bears hit the market with a strong bearish momentum that saw Bitcoin end the week at $3617. This article was found by us on 2019-01-14 18:18:20. Share this content on social media: Related crypto assets may include XRP, ARK. Browse cryptoiscoming.com for more from this source.   Log In to Comment

Do Stablecoins Help or Harm Cryptocurrency Do Stablecoins Help or Harm Cryptocurrency
Camps are divided when it comes to stablecoins. The arguments have a similar ring to those surrounding ETFs. On one hand, ETFs promote adoption and encourage new investors. On the other, there's a compromise in decentralization with potential thousands or millions of people using the ETF as an investment vehicle, the ETF council suddenly has a disproportionate amount of weight to throw around when it comes to consensus making. Things are even more complicated than that with stablecoins let's dive in. There are a few different types of stablecoins. It's a simplification, but it covers the bases. Non-collateralized coins are controlled by a central bank of smart contracts. Crypto enthusiasts don't like to hear words like central bank when it comes to crypto too often, but this is a little different if correctly executed, the smart contract system should control the rate of inflation indefinitely and without human input. It does this by taking selling bond tokens redeemable for the cryptocurrency at a discount rate users buy the tokens and make a profit by redeeming them. This article was first seen by us on 2019-01-12 18:13:43. Share this content on social media: Related assets may include ABLX. You may want to visit cryptoiscoming.com for more from this source.   Log In to Comment

Crash and Burn: The Ruthless Bitcoin Mining Industry - Crypto is Coming Crash and Burn: The Ruthless Bitcoin Mining Industry - Crypto is Coming
Put it this way the Bitcoin mining is not for the faint of heart. Mining was once a hobbyist activity for crypto enthusiasts running Bitcoin nodes for fun and a sense of community more than to make money. Sure, there were always believers, but many people were just excited at the prospect of making their own, as Bitcoin godfather Andreas Antonopoulos calls it, nerd money without ever really considering the possibility that one day a Bitcoin would be worth even a single cent, let alone thousands of dollars. Wanna do some cool data mining Have a look at the #bitcoin transaction network dataset http://t.co/mT1iQdzNES 6.2M nodes/37M weighted edges This entry was first found by us on 2019-01-11 17:53:31. Share this content on social media: Related crypto assets may include BTC, TCN. Check out cryptoiscoming.com for more from this source.   Log In to Comment

Alipay partners with Malaysian bank to enable cross border Blockchain transactions - Crypto is Coming Alipay partners with Malaysian bank to enable cross border Blockchain transactions - Crypto is Coming
The world economy is at the moment awash with Financial Technology advancements that have enabled cross-border transactions at the click of a button. To be globally competitive, most economies are speeding up legislations in order to regulate this growing sector while others have steer cleared off the cryptocurrency craze as another passing cloud. Just last April, Pakistan issued bans on the use of cryptocurrency. This hard stance seems to have been abandoned as it has come out to support the Blockchain technology. On Tuesday, a subsidiary of Norwegian telecoms multinational Telenor Group Telenor Microfinance Bank, has launched cross-border payments using blockchain technology from payments firm Alipay. This share was found by us on 2019-01-10 18:21:51. Share this content on social media: Related crypto assets include ABLX, ION. You may want to visit cryptoiscoming.com for more similar content.   Log In to Comment

Australian Regulators put a freeze on BitConnect Promoter and open chase on his wife Australian Regulators put a freeze on BitConnect Promoter and open chase on his wife
Australian promoter, John Bigatton, has had his assets frozen and hit with a travel ban outside Australia. Bigatton is accused of floating a crypto-Pyramid scheme that saw investors lose $US2.6 billion ($3.7 billion). The directive was issued by the Federal Court in conjunction with international authorities after an investigation into his business affairs. The investigation was requested by Australia's equivalent of the U.S's equivalent of the Securities and Exchanges (SEC) Australian Securities and Investments Commission (ASIC). Mr. Bigatton has acted for several firms as a financial investments advisor and a wealth management trustee. Most of the companies he is affiliated with are located in Sydney and Melbourne. His involvement in these firms has had him linked to the collapse of Bitconnect which saw US investors make huge losses on their investments. This information was first found by us on 2019-01-08 17:41:02. Share this content on social media: Visit cryptoiscoming.com for additional posts.   Log In to Comment

Weekly cryptocurrency analysis: January 2019, week 1 Weekly cryptocurrency analysis: January 2019, week 1
As a new year for cryptos begins, there has been a general Bull Run in the top twenty cryptos especially as well as across the board. The Bullish trend is perhaps the market's attempts at correction after bearish wave that hit the markets since November 2018. Throughout the first week of the year, most of the coins in the top twenty category according to market capitalization saw green on price analysis charts as investor confidence continued improving in the post fork period. The week was also punctuated with news that Ethereum was on its way to regaining its position as the second top crypto in terms of market capitalization after Bitcoin. This position had been taken by Ripple after ETH's poor showing in the markets during the 4th Quarter of 2018. This posting was discovered by us on 2019-01-07 19:27:15. Share this content on social media: Visit cryptoiscoming.com for complete listings from this source.   Log In to Comment

How Decentralized is Bitcoin Core How Decentralized is Bitcoin Core
When it comes to talking Bitcoin forks, people tend to get heated. It's a controversial subject in the cryptocurrency space, and unfortunately, newcomers asking about it are often met simply with derision or hyperbole from whoever answers them first. Many people have strong opinions on which fork is the best, but it often seems like these opinions are based on an emotional my team is better than yours mentality rather than hard facts. Let's get down to it what is Bitcoin Core, who controls it, and is it centralized or not Bitcoin Core is a Bitcoin client, meaning the end-user software that facilitates private key generation and security, payments, etc. It's a version of the Bitcoin protocol, and because enough people have agreed to use it, it's the most popular one. In 2014 the Bitcoin project was renamed Bitcoin Core by developers to distinguish it from other clients, so essentially Bitcoin Core = BTC. The source code for Bitcoin Core is stored on GitHub. This entry was first found by us on 2019-01-04 22:38:40. Share this content on social media: These assets may interest you BTC, TCN, DCT. You may want to visit cryptoiscoming.com for more from this source.   Log In to Comment

Bitcoin 2019 - What to Expect - Bitcoin 2019 - What to Expect -
There's no denying it 2018 was a rough year for crypto in many respects. Despite the incredible leaps forward made in the technology, much of the mainstream media coverage focused on the price action of Bitcoin only, detailing the dramatic crash from an ATH of around $20,000 to under $4,000 today. With Bitcoin market dominance still firm, meaning downward activity in the price of Bitcoin negatively affects most/all altcoins as well, the market correction which has been ongoing for a year now is being dubbed Crypto Winter. Can we expect that to continue While it's anyone's guess, some guesses are more educated than others, and many market analysts believe that the market is reaching a bottom, despite the negative media coverage. Let's take a look at some of the major events that are influencing or will influence the market. This piece was obtained by us on 2019-01-04 02:13:56. Share this content on social media: These assets may interest you BTC, TCN. You may want to visit cryptoiscoming.com for additional posts.   Log In to Comment

Abkhazia cuts off power supply to 15 crypto-mining farms in power conservation bid - Crypto is Coming Abkhazia cuts off power supply to 15 crypto-mining farms in power conservation bid - Crypto is Coming
According to a news report from Coindoo, the Republic of Abkhazia is planning to cut down on power consumption for cryptocurrency mining farms. This is due to the fact that their large power demands are proving a detriment to the ordinary citizens. However, the affected players took the news positively and no retaliatory disputes were reported against the state directive. Abkhazia is a partially recognized state that was annexed of Georgia and where the cost of electricity is relatively cheaper than in other jurisdictions. The report detailed how the small state has been having issues providing enough power to all of its citizens due to the excessive power consumed off the national grid by cryptocurrency mining farms. Therefore, to free up more Megawatts, the nation announced that they will be cutting off fifteen cryptocurrency miners off the national power grid. This article was found by us on 2019-01-03 07:11:12. Share this content on social media: Related crypto assets include ION. Have a look at cryptoiscoming.com for more similar content.   Log In to Comment

Bitmex CEO Believes $200 Is Coming For Ethereum - Crypto is Coming Bitmex CEO Believes $200 Is Coming For Ethereum - Crypto is Coming
The cryptocurrency world constantly is attempting to predict prices, especially when it comes to Bitcoin and Ethereum, two of the most well-known cryptocurrency projects in the world, and two of the largest cryptocurrencies in the world by market capitalization. Of course, this often means that many individuals are wrong in their predictions. In one of the most obvious examples, Tom Lee of Fundstrat Global Advisors, has been overly optimistic regarding Bitcoin's price. Specifically, Lee stated that the price of Bitcoin was going over $50,000 in 2017. In a later CNBC appearance, Lee said that he believed Bitcoin would reach $25,000 by the end of 2018. Given the fact that it is already several days from the year's end, the prediction is way off considering that the price of Bitcoin is under $4,000 (as of press time). Here is Lee's aforementioned CNBC appearance: This share was first seen by us on 2018-12-27 18:27:32. Share this content on social media: Related crypto assets include ETH, MEX. Check out cryptoiscoming.com for additional posts.   Log In to Comment


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