ICON ProjectICON Project ICX news

Using its loopchain technology, ICON connects independent blockchains without third parties. ICX is the cryptocurrency on this blockchain
Price, 24h
0.3835 USD / 0.00004788
-1.68% / -1.68%
Volume, 24h
8,080,000 USD
181,048,054 / 0.07%
Chart price/vol/NIS 7d
Asset details

World latest news

Crypto.com Lists ICON's ICX Token

HONG KONG, May 22, 2019 /PRNewswire/ -- Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has listed ICON's ICX to its Wallet & Card App. ICX is the 16th token added to the Crypto.com platform, joining cryptocurrencies and stablecoins such as bitcoin (BTC), ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO tokens. ICON is one of the largest decentralized networks in the world that allows independent blockchains with different governances to transact with one another without intermediaries or sacrificing autonomy. By adding ICX to the Crypto.com Wallet & Card App, users can now buy ICX at true cost with no fees at Crypto.com - credit ...Full story available on Benzinga.com

ICON (ICX) Price Analysis May Take off While Many Coins Correct Their USD Values

The cryptocurrency-asset token market is currently in a key moment of price correction as we predicted in our previous post. The key support of Bitcoin of 7600 awaits many that is not reached, because if so could counter what has been achieved so far. At the time of writing, the main cryptocurrency has a contraction […]
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New ICON TX (Transaction) Challenge to Launch as a ICX Blockchain Development Contest

The ICON Foundation has announced an ICX Transaction challenge. Here are the details of the challenge as presented in the announcement. The ICON TX (Transaction) Challenge is a blockchain development contest that enables participants to compete for a prize pool of 1 million ICX. The contest begins on June 3rd, so start preparing! The challenge […]
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ICON launching 1 million ICX blockchain development contest

CryptoNinjas ICON, the Korean smart contract enabled blockchain platform, has announced it is now launching the ICON TX (Transaction) Challenge, a large blockchain development contest with a total prize pool of 1 million ICX (ICON’s cryptocurrency), starting on June 3rd. In order to support... ICON launching 1 million ICX blockchain development contest

ICON Teams Up with VELIC as One of the Major Listing Partners for the New ICX Station

Reports from the interwebs indicate that the ICON foundation has announced that a new partnership with VELIC is in the offing. The renowned cryptocurrency and digital wealth exchange platform participated in the just concluded ICX Station success accelerator program. The program, which is aimed at listing a number of potential opportunities that are related to […]
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ICX / USD Price Analysis: Important Test

ICON retains a bullish short-term outlook, with the cryptocurrency still trading above its 200-period moving average on the four-hour time frame The four-hour time frame also shows price pressing towards the neckline of bullish inverted head and shoulders pattern The medium-term time frame is neutral, with the ICX / USD pair trading at the top of its price range on the daily time frame ICX / USD Short-term price analysis ICON has a bullish outlook over the short-term, with the ICX / USD pair attempting to move back towards its current 2019 trading high. The four-hour time frame shows that a head and shoulders pattern has started to take shape, with bulls now trying to invalidate the bearish pattern. Technical indicators on the four-hour time frame have turned bullish and highlight the growing short-term upside pressure.    ICX / USD H4 Chart by TradingView   Pattern Watch If the bearish head and shoulders pattern is triggered, the ICX / USD pair could fall back towards the February 2019 trading low. Relative Strength Index The RSI indicator has also turned bullish on the four-hour time frame, although it is approaching overbought conditions. MACD Indicator The MACD indicator on the four-hour time frame is bullish and generating a buy signal. Fundamental Analysis ICX spiked after the announcement of P-Rep TestNet, which will be opening on April 30th. This is an important milestone for the project since it puts ICON one step away from the long-awaited staking. Staking should help the project to further decentralize its nodes and the governance of the network. ICX / USD Medium-term price analysis ICON has a bullish medium-term trading outlook, with the cryptocurrency advancing above its trend-defining 200-day moving average. The daily time frame shows that a bearish head and shoulders pattern has formed. If buyers can invalidate the pattern, the ICX / USD pair may rally towards the November 7th trading high. Technical indicators on the daily time frame are conflicted and failing to generate clear trading signals.   ICX / USD Daily Chart by Trading View   Pattern Watch Traders should note that a much larger head and shoulders pattern could form on the daily time frame if the ICX / USD pair declines back towards the February trading low. Relative Strength Index The RSI indicator on the daily time frame is bullish and shows scope for further upside. MACD Indicator The MACD indicator is conflicted on the daily time frame, with the MACD histogram attempting to recover, while the MACD signal line remains bearish. Fundamental Analysis The medium-term outlook also looks positive. The platform plans various releases, with the on-chain election in Q4 2019. In addition to that, the project is planning several important initiatives that will expand its ecosystem, such as a dApp accelerator program, decentralized exchange, and decentralized identification. Conclusion ICON faces a crucial test over both the short and medium-term horizon, with buyers needing to invalidate the bearish head and shoulders patterns across four-hour and daily time frames. If bulls invalidate the pattern, a rally towards the November 7th swing-high seems likely, while a bearish breakdown supports technical selling towards the February 2019 swing-low.   For a quick intro into ICON, check out our coin guide.  ICON ChartChart byCryptoCompare baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[ scripts.length - 1 ]; var cccTheme = { "General":{"borderWidth":"0px","borderColor":"#FFF","showExport":true}, "Tabs":{"borderColor":"#FFF","activeBorderColor":"rgba(28,113,255,0.85)"}, "Chart":{"fillColor":"#222","borderColor":"rgba(28,113,255,0.85)"}, "Conversion":{"lineHeight":"10px"}}; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl+'serve/v3/coin/chart?fsym=ICX&tsyms=USD,EUR,CNY,GBP'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); #ccpw-ticker-24526 .ccc-chart-header { background: #1c71ff} #ccpw-ticker-24526 #ccc-chart-block .exportBtnTop, #ccpw-ticker-24526 a.tabperiods.tabperiods_active, #ccpw-ticker-24526 .coin_details { color: #1c71ff; background: rgba(28,113,255,0.15); } #ccpw-ticker-24526 .coin_details { border: 1px solid rgba(28,113,255,0.16); } .ccpw-container_chart #ccpw-ticker-24526 .coin-container:after, .ccpw-container_four #ccpw-ticker-24526 .coin-container:after {border-color:#ccc !Important;}   The post ICX / USD Price Analysis: Important Test appeared first on Crypto Briefing.
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Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin

Coinspeaker Mike Novogratz: Facebook’s GlobalCoin Won’t Rival BitcoinMajor Bitcoin bull and former Wall Street exec Mike Novogratz recently discussed the current state of the cryptocurrency industry. The Galaxy Digital CEO explained why he thinks the crypto winter is finally over and why ‘Facebook Coin’ won’t rival Bitcoin.During his interview, Novogratz reminded that everyone had their own version of Bitcoin and the supply exponentially grew. Bitcoin, he thinks, had really established itself as a store value. He said:“This is hard to do because there is just one more stored value of this kind. It’s gold. It is hard to be worth something just because it’s worth something. Almost everything else is different. For example, Uber shares are worth something because people are using it. What Bitcoin has done is a unique thing.”He also referred to Bitcoin’s intrinsic value saying:“You can take all the gold in history that has been mined and put it in three Olympic swimming pools and it’s worth $8,5 trillions. Why? Because it sits in the vaults.”Novogratz went to mention that retailers are buying Bitcoin but also the institutions are moving in. There are Yale, Harvard and Stanford endowments.Microsoft Wanting to Link with Bitcoin Blockchain is a Big ThingThe CEO claims the original Bitcoin boom witnessed around 2016-2017 was influenced by the retail-driven investments by around 98%. This means more companies were buying cryptocurrency at a time when it looked like the future of finance. The recent developments in the crypto world are also affected by ‘credentialing’ according to the CEO especially with the recent move by Microsoft in the industry.“Also, there is Microsoft, one of the biggest companies in the world that says they want to do identify solution by linking it to the Bitcoin blockchain. Now this is big.”Microsoft recently announced their initiation of an identity solution to add to the Bitcoin blockchain. As more investments crowd Bitcoin, its value soars higher as witnessed in the recent spike. Microsoft is not the only big organization enabling the ‘credentialization’ of Bitcoin. Not long ago, Facebook lifted all the bans it had imposed on cryptocurrency and any blockchain-related advertisements.He also mentioned Facebook coin saying that it is really important for the ecosystem.“Crypto is going to be part of Facebook’s future. However, this coin will be listed to some stable currency and will be used for payyments. Bitcoin on the other hand is not going to be the payment currency – it will be stored vault, just like gold. If you really think bitcoin is gonna win this store of value, everything else needs to be used for something.”GlobalCoin Isn’t a Threat to BitcoinAs we’ve already wrote, Facebook’s GlobalCoin will probably be established as a stablecoin, pegged to the dollar or local currencies in the countries that will be allowed to use it. It is also likely to run on a private, centralized blockchain, owned and controlled by the company. Based on this fact, it can not be perceived as a direct competition to Bitcoin or other peer to peer decentralized digital currencies.Other coins that piqued Novogratz’s interest include Ethereum and EOS. These projects have to encourage developers to build on top of their platforms. Just few days ago he was comparing various cryptocurrencies with chemical elements in the periodic table. He then considered the role of altcoins, hinting that each coin will have “to prove themselves out” in order to provide a certain use case.On this note, Novogratz argued out that “there’s no one building anything on the Litecoin blockchain,” as opposed to the Ethereum blockchain.Recently, Novogratz made yet another Bitcoin prediction, claiming that the major cryptocurrency will beat its all-time-high record of $20,000 within the next 18 months.Mike Novogratz: Facebook’s GlobalCoin Won’t Rival Bitcoin

Binance Exchange soon To Roll Margin Trading Service For the First Time

An official blog released by Binance exchange confirms the launch of Margin trading service. However, earlier on May 24, 2019, Binance tweeted two screenshots, seeking user’s suggestion on which layout would they be preferred, a white background one and the black background. It was first noticed on Binance’s Twitter handle when a tweet was posted with two different colors included with the tab of Margin. Nonetheless, it was to create the buzz of its upcoming feature but according to TechCrunch, it has already been tested among a few users. As the testing has already been undergone, it is worth to predict that the margin trading option will go live anytime soon. By usage, Margin trading is an option that enables traders to boost up their buying power by using their balances as collateral. However, it wasn’t available at Binance exchange even the binance itself as the largest exchange as well as  the margin trading option carries potential profit margin. It is the first of its kind of Binance to launch margin trading service whereas the other trading platforms including BitMex, Huobi Pro, Poloniex, Coinbaes’s GDAX and Kraken are already serving this service to their customers. Also Read – Binance’s BNB Token Jumps 12% to Hit $34 Following Margin Trade Interface Tease At the moment, Binance is the second largest cryptocurrency exchange in terms of adjusted volume of the last 24 hours. It presently counts the volume of $2,088,850,554. Nonetheless, its native token, Binance Coin (BNB) is soaring a new peak of $33.87 against US Dollar. According to data provided by Coinmarketcap (CMC), BNB is surging with 6.42 percent over the past 24 hours and presently valuing the average trading volume of $4,781,168,385. Image source – Coinmarketcap What’s your take on BNB’s soaring value.? Do you think it will jump higher citing margin trading option by Binance exchange.? Let us know in the comment below Image source – Techcrunch The post Binance Exchange soon To Roll Margin Trading Service For the First Time appeared first on Coingape.

Is Facebook Launching its GlobalCoin Cryptocurrency Next Year? BBC Says Yes

There’s been a lot of information circulating that Facebook is moving into the crypto market. And while some of this information is outright false, other bits are true — at least, that’s what the sources say. Take today, for example. On Friday, BBC said Facebook (NASDAQ:FB) is going to roll out GlobalCoin next year in several countries. Here’s everything we know. Facebook’s GlobalCoin Hitting the Market Soon? According to BBC, a London, UK-based broadcasting company, Facebook is planning to roll out its cryptocurrency “GlobalCoin” in 2020. The online media giant, according to the BBC ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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Facebook’s GlobalCoin Allegedly to be introduced in 2020

The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics According to a report by the BBC, Facebook has serious plans introduce its own crypto currency. The facebook coin, internally referred to as ‘GlobalCoin’ will be introduced in multiple countries in the first quarter of 2020, after extensive testing at the end of this year. The new stablecoin which has been rumored about for a […] The post Facebook’s GlobalCoin Allegedly to be introduced in 2020 written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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