Daily, May 25, ’18

Daily, May 25, ’18

Revolut, XRP, BCH, Monero, Deutsche Boerse, Tron, TRX, Apple, Commerzebank, IBM

  • Founded by natives from Russia, the British fixture startup Revolut has added to its mobile application the support of the digital currencies Ripple (XRP) and Bitcoin Cash (BCH).
  • Researchers of cyber security of Malwarebytes Corporation have discovered a new type of malware for mining the Monero cryptocurrency, aimed at users of Mac computers from Apple.
  • Deutsche Boerse, one of the ten most significant stock exchanges in the world, can launch futures for bitcoins and other cryptocurrencies in the foreseeable future. The exact terms, however, remain unknown for the time being.
  • Apple included Tron (TRX) pricing on their Stock App. Also, Tron is now live on Wiki.
  • Tron (TRX) partners with VSport before FIFA World Cup 2018 in Russia to get assimilated into the sporting industry with the largest DApp infrastructure in the world.
  • Thyssenkrupp, a German multinational conglomerate, conducted a €500,000 foreign exchange transaction using R3's Corda blockchain in partnership with Commerzebank.
  • IBM is going to hire more than 1,800 specialists for its tech initiatives, including blockchain technologies development. This jobs will be created in France, in cooperation with the French government.
  • The United Nations Office for Project Services (UNOPS) has announced a partnership with the IOTA Foundation to implement the IOTA Ledger distributed accounting system in its work processes (despite the fact that the news was released yesterday, we consider it necessary to mention it  — edit. comment).

BTC

8,744 USD
-6.81%

ETH

272.72 USD
-1.12%

XRP

0.4543 USD
-2.29%

TRX

0.03416 USD
-3.65%

BCH

437.73 USD
4.84%

XMR

96.55 USD
-6.53%

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Feuding Ethereum Siblings Score Pre-Fork Surges as Bitcoin Price Lags

By CCN Markets While the bitcoin price languishes this week, ethereum classic is enjoying a spectacular spike ahead of its scheduled September hard fork. And the ethereum price is rising too. As of this writing, the price of ethereum classic (ETC) rocketed 20 percent to top $7.38 per coin. ETC has been on a sizzling rally […] The post Feuding Ethereum Siblings Score Pre-Fork Surges as Bitcoin Price Lags appeared first on CCN Markets
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As Bitcoin Dominance Stalls, Analysts Ponder On The Next Level For Alts

Bitcoin’s price and dominance are currently hampering with neither experiencing major leaps or dips. However, crypto analysts have predicted that Bitcoin might decline further in price. They are also of the stance that altcoins will take the opportunity to rally instead of following Bitcoin’s pattern, as is often the case. Bitcoin Spikes to $10,000 After Reclining to $9,800 Today Bitcoin’s price as at press time is $10,184, which is quite similar to its price yesterday, and the past few days. Nonetheless, in the early hours of today, precisely 03:14 UTC +01:00, the crypto asset dipped to the $9,800 zone. It later made a quick retrace to the $10,000 level at 06:09 UTC +01:00. In the same vein, Bitcoin’s dominance since August 6, 2019, has been between 67% and 69%, according to CoinGecko. The latter goes contrary to its dominance of about 70% in July. At the time, the virtual asset’s dominance fluctuated quickly. Bitcoin’s Influence on the Altcoin Market Since the start of the year, most altcoins have either surged or dumped depending on Bitcoin’s performance. On certain occasions where Bitcoin spiked, some altcoins did the contrary by dipping in price. What was, however, remarkable is that these altcoins sunk even further each time Bitcoin plunged. However, crypto analysts are now predicting that this time around, altcoins won’t take the backseat. Instead, it’ll be the “REVENGE OF THE ALTCOINS”. They forecast that the current stall in Bitcoin’s momentum will trigger a bull run in the altcoin market. According to them, the most recent decline was unable to drag down altcoins; instead, altcoins have been stable or experienced minor gains. Crypto Analyst Believes Bitcoin Will Dump and Altcoins will Surge WelsonTrader, for instance, stated on August 22, 2019, that Bitcoin’s dominance has reached its resistance. On the contrast, altcoins have reached their major support levels, and as such, they will likely bounce. The crypto enthusiast further outlined that Bitcoin will dump while altcoins will spike. In another tweet, WelsonTrader said a crypto asset that could potentially rally soon is XRP, the third-largest cryptocurrency by market cap. The crypto analyst also tied his recent prediction with the former, reaffirming that Bitcoin is at its resistance, while XRP is currently at its support level. Another analyst, LilMoonLambo, opined that Tron (TRX) is exhibiting a double bottom bullish divergence on its daily chart. LilMoonLambo also remarked that altcoins have been picking up pace in the past 24 hours and this performance is not stopping anytime soon.  The post As Bitcoin Dominance Stalls, Analysts Ponder On The Next Level For Alts appeared first on ZyCrypto.
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