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Coinbase Plans to Add Telegram and 16 Other Digital Assets on its Platform

Coinspeaker Coinbase Plans to Add Telegram and 16 Other Digital Assets on its PlatformIn the latest blog post announcement, Coinbase highlighted a possible addition of 17 new cryptos to its platform including Telegram. As part of the exploratory process, users may see public-facing APIs and other signs that the exchange is conducting engineering work to potentially support these assets.According to that post from the exchange, Coinbase plans to add Dfinity, Filecoin, Handshake, Avalanche, Celo, Chia, Coda, Nervos, Oasis, Orchid, Kadena, Mobilecoin, Near, Solana, Spacemesh, Polkadot, and Telegram.To date, Coinbase explores support for assets that are already live and available for trading on other venues. In this case, some of the coins like telegram are not yet live. Telegram only just unveiled its Telegram Open Network (TON) testnet explorer and node software on its website. Nevertheless, so far it has not distributed its network’s native token, GRAM, which will happen two months from now.Currently, the exchange announced its intention to explore assets that are yet to be launched and which it may decide to support in the future.Coinbase continues to evaluate prospective assets against its Digital Asset Framework to assess factors like security and compliance. They also aim to assess the project’s alignment with its mission of developing an open financial system for the world. Currently, Coinbase’s non-pro platform lists Zcash (ZEC), 0x (ZRX), Litecoin (LTC), Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), USD Coin (USDC), XRP, Stellar (XLM), Ethereum Classic (ETC), and the Basic Attention Token (BAT).Listing CriteriaEarlier in the week, cryptocurrency Dash was included in the Coinbase Pro listing after an investigative period. Coinbase revised its listing criteria around a year ago. In that revision, it said that listing announcements will appear more often. The 17 new cryptos follow up on 8 considerations from August.Even if the cryptos are added, the listings majorly depend on jurisdictional compliance and regulatory approvals. The decision by Coinbase to support Telegram and these other tokens need considerable technical and compliance review. Thus, Coinbase cannot currently guarantee whether or when any of these assets will appear in any jurisdiction.As per their listing process, the exchange will add new assets on a jurisdiction-by-jurisdiction basis.Coinbase Plans to Add Telegram and 16 Other Digital Assets on its Platform
Coinspeaker

Coinbase is considering 17 new token listings; Avalanche, Chia, and Filecoin among the candidates

Coinbase is reviewing 17 new tokens for potential listing on its platform, the exchange announced in a blog post Thursday. The projects include: Avalanche, Celo, Chia, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana, Spacemesh, and Telegram. Notably, a large number of these assets have yet to publicly launch. For example, Chia Network, founded by BitTorrent founder Bram Cohen, is still in its testing phase. Telegram also just recently released the public testnet of its TON network and has yet to distribute the network's native token, GRAM. In August, Coinbase revealed its ambition to allow its customers to “have access… to at least 90% of the aggregate market cap of all digital assets in circulation."
The Block Crypto

Huobi Continues Its Expansion Into DeFi By Adding Support For Compound & MakerDAO On Huobi Wallet

Huobi Group has continued its expansion into decentralized finance (DeFi) by adding support for MakerDao and Compound on Huobi Wallet – including support for all tokens and DApps of those projects. “We think blockchain technology has great potential not just for cryptocurrency but also in providing better overall financial services and products to the public,” said Livio Weng, CEO of Huobi Global. “Both Compound and MakerDAO share our vision and we’re happy to add support for them.” Compound is an open-source, autonomous protocol built for developers, to unlock a universe of new financial applications. Huobi Wallet now supports the project’s cTokens as well as its DApp which enables users to lend their crypto to others and earn interest in return. “Decentralized, transparent applications are the future of finance, and will lead to a wealthier, more connected world. But so far, DApps have been difficult to access and use. Huobi Wallet is making decentralized finance more accessible — which has the potential to change society,” said Robert Leshner, Founder and CEO of Compound. The Maker project is comprised of a decentralized stablecoin, collateral loans, and community governance. Huobi Wallet now supports both DAI, its stablecoin, as well as its MKR token plus apps like CPD Portal, which allows for collateralized debt positions. Huobi Group has made decentralized finance a priority in the later half of 2019. In July, the company announced a partnership with layered blockchain network Nervos to develop a new public blockchain focused on DeFi services. The project, provisionally named Huobi Finance Chain, will be a regulator- friendly, high-performance financial blockchain that allows enterprises, financial institutions, and exchanges to deploy their own blockchains, tokenized assets, and DeFi services. Among other applications, the project will have the potential to host lending services, debit services, stablecoins, decentralized exchanges (DEXs), real-world payment services, and more. For more information, contact media@huobi.com. About Huobi Group: Consisting of numerous upstream and downstream enterprises, Huobi Group is a leading global blockchain company. Established in 2013, Huobi Group’s accumulative turnover exceeds US $1 trillion. It proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries. For more info, visit www.hbg.com The post Huobi Continues Its Expansion Into DeFi By Adding Support For Compound & MakerDAO On Huobi Wallet appeared first on Bitcoin Garden.
Bitcoin Garden

A View of Top 36 Chinese Cryptocurrencies, 2019 the Coldest Year?

On August 9, Nervos, a public chain project developed by a Chinese technical team, announced that its token CKB will soon be launched and its mainnet was scheduled for the fourth quarter. Nervos is one of the only three Chinese public blockchain projects to launch its token in 2019. Chinese public blockchains hereinafter refer to the public chain projects started by Chinese founders and developed in China, even though some of them have moved abroad since the ICO ban in September 2017 within the territory. While local regulators, investors and venture capitals have been paying particular attention to them. After screening Chinese public chain projects based on their market cap and public attention, we sort out the top 36 projects, with the top ten being BNB, HT, TRX, OKB, NEO, ONT, BTG, VET, QTUM, IOST by market cap. BNB, HT, OKB – the tokens of top crypto exchange Binance, Huobi and OKEx – have accounted for almost 60% of the total market cap of the 36 Chinese cryptocurrencies. Statistics show that NEO, formerly Antshares, is the earliest and oldest public chain within the country. Its token NEO was launched on June 1, 2014. As of August 9, the market cap of NEO in circulation has reached 5.81 billion yuan ($730 million), with a NEO trading around $11. According to CoinMarketCap, NEO is currently ranked 18th among thousands of cryptocurrencies listed. After NEO, Factom, with the vision of ‘enabling a future where users are able to trust their documents, digital data, and all network connected “things” while allowing developers to create new, world-changing applications’, issued its token FCT in 2015. It is in the 132nd place on CMC. In the following years entering 2016, many Chinese public chains have been created. In 2017, tokens of Chinese public chain projects entered an outbreak period, with a total of 16 tokens issued. Well-known public chains such as Qtum, Bytom, BinanceChain, Tron all issued their tokens in that year. The total market value of the 16 tokens issued in 2017 has stood at 51.9 billion yuan ($7.4 billion) at present. Token launch means that the public chain can support the circulation of onchain assets, after the mainnet goes online, Dapps can be developed to carry out the technical implementation. The issuance of tokens before mainnet launch could help accumulate users and community support. Following the token outbreak in 2017, 2018 became the year of mainnet launch for public chains. 13 projects including Tron, Bytom, Ontology released their mainnet in 2018, and 8 of them launched their mainnet in 2019. The trend of a large number of projects launching mainnet in 2018 was seen as a landmark that public chain technology is coming to ground, but these projects have not fared so well in 2019. On one hand, there has been no significant progress in terms of real-world applications; On the other hand, the number of newly launched tokens have seen a decline to some extent in 2019, and the price of existing tokens have been falling with low liquidity. Dovey Wan, partner at a crypto investment fund Primitive Ventures, commented it on Weibo (Twitter equivalent in China), “The public blockchain will finally face a reshuffle and few of them may survive. (It will follow) the steps that coin prices continue to fall, liquidity becomes lower, community faith collapse and then the team announces to give up.”
8BTC

Nervos begins mainnet preparation with Bitpie crypto wallet partnership

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceNervos, a layered blockchain network for the decentralized economy, today announced a new partnership with Bitpie, a leading multi-chain cryptocurrency wallet which will support Nervos’ native CKByte tokens at mainnet launch in Q4 2019. CKByte token holders will also have access to Bitpie’s wallet services, which securely manage billions of dollars in crypto-assets. “We are […]https://www.cryptoninjas.net/2019/07/09/nervos-begins-mainnet-preparation-with-bitpie-crypto-wallet-partnership/
CryptoNinjas

Crypto Exchange Huobi Unveiled a Public Blockchain for Decentralized Financial Services

Major cryptocurrency exchange Huobi is developing a new public blockchain focused on decentralized financial (DeFi) services in collaboration with Chinese blockchain startup Nervos, according to a press release on July 1. The joint initiative, provisionally named Huobi Finance Chain, is set to operate as a regulatory-compliant financial blockchain network that allows enterprises, financial institutions, as well as exchanges to deploy their own blockchains, tokenized assets and DeFi services. The project will enable regulators to be able to join the network and contribute to it as validators. To ensure full regulatory compliance, the chain will feature requirements including decentralized identifier (DID) and implement identity protocols such as Know Your Customer (KYC) and Anti-Money Laundering (AML). It is expected that Huobi Finance Chain will host lending services, debit services, stablecoins, security token offerings (STOs), as well as other means of asset issuance, decentralized exchanges (DEXs) and real-world payment services. The project is expected to open source in Q3 this year, launch its testnet in Q1 2020 and mainnet in Q2 2020. “Although Huobi is currently a leader in the cryptocurrency industry, this industry is likely to undergo far-reaching changes in the future. Exploring public chain technologies and business models both keeps us innovative and serves as a strategic defence.” Said Leon Li, CEO and founder of Huobi Group. Earlier this year, another leading crypto exchange – Binance – has launched its public blockchain Binance Chain and been expanding its ecosystem based on it. According to Leon Li, Huobi chooses to partner with the best public blockchain teams, instead of building the new chain behind closed doors. Its partner Nervos Network, founded by a former researcher and developer at the Ethereum Foundation, is a low-profile blockchain startup yet with high reputation in China. In 2018, the company raised $28 million from big name investors including Polychain Capital, Sequoia China, etc. It seems everyone in crypto has been talking about DeFi – the notion that crypto entrepreneurs can recreate traditional financial instruments in a decentralized architecture without companies’ and governments’ control. Big crypto enterprises especially exchanges are scrambling to seize this business opportunity based on their advantages and resources accumulated in the industry. Apart from bring DeFi to the masses, Huobi is also continuing its global expansion plan, saying it will be moving aggressively into Turkey where 20% of the population hold cryptos.
8BTC

Huobi and Nervos Partner On A New Public Blockchain For Decentralized Financial Services

SINGAPORE, July 1, 2019 /PRNewswire/ -- Huobi Group, a leading global blockchain services provider, today announced a partnership with layered blockchain network Nervos to develop a new public blockchain focused on decentralized financial (DeFi) services.  The project, provisionally named Huobi Finance Chain, will be a regulator-friendly, high-performance financial blockchain that allows enterprises, financial institutions, and exchanges to deploy their own blockchains, tokenized assets, and DeFi services. Among other applications, the project will have the potential to host lending services, debit services, stablecoins, security token offerings (STOs) and other means of asset issuance, decentralized exchanges (DEXs), real-world payment services, and more.  Nervos is providing the technology for the new blockchain platform, which will be launched in partnership with Huobi as part of a joint initiative to accelerate the future of decentralized finance. The project is expected to open source in Q3 this year, testnet launch in Q1 2020, and mainnet launch in Q2 2020.  "The mission of Huobi Group is to make finance more efficient and make wealth accessible to all," said Leon Li, CEO and Founder of Huobi Group. "This project is not only in line with Huobi's overall strategy, but it also fulfils our core mission. From a strategic point of view, decentralized financial services are still in an early stage of development. The market demand is clear, however, and we believe this is a very definite business opportunity. During the past six years, Huobi has accumulated a ...Full story available on Benzinga.com
Benzinga

Crypto exchange Huobi to launch its own public blockchain for decentralized financial services

Singapore-based cryptocurrency exchange Huobi is set to launch its own public blockchain network focused on decentralized financial (DeFi) services, following the lead of  Huobi has partnered with blockchain startup Nervos for the initiative. Together, they will build "FinanceChain," which will allow financial firms and exchanges to deploy their own blockchains, tokenize assets and offer DeFi services. FinanceChain will also support hosting of lending services, stablecoins, security token offerings (STOs) and decentralized exchanges (DEXs), as well as payment services, according to the announcement. "More and more assets are being tokenized and moved to the digital world, including both native cryptocurrencies and traditional physical assets," said Kevin Wang, co-founder of Nervos, which is backed by notable investors, including China Merchant Bank, Polychain Capital and Sequoia China. The announcement follows a similar development at the world's largest cryptocurrency exchange Binance. The firm also launched its own public blockchain network called Binance Chain, aiming to facilitate faster token issuance and simple asset transfer. Still, Huobi appears to be directly targeting Wall Street-like firms with its initiative.  "The financial industry is now at an inflection point, and together with Huobi, we're well positioned to help it modernize its services for the decentralized future," Wang said. FinanceChain is expected to open source in Q3 this year, with testnet launch scheduled in Q1 of 2020 and mainnet launch in Q2 of 2020, per the announcement. It will also support decentralized identifier (DID) and implement Know Your Customer (KYC) tools to meet Anti-Money Laundering (AML) requirements to ensure regulatory compliance, Huobi said, adding that regulators will also be able to join the network as validators. "Mainstream blockchain systems (such as BTC, ETH, EOS, etc.) lack comprehensive support for regulation and compliance, limiting their use in the compliance market," said Leon Li Lin, Huobi's founder and CEO, in a separate blog post on Sunday. Investing banking giant JPMorgan also launched its own crypto-like token called JPM Coin earlier this year, aiming to speed up payments and trading settlements. “We believe that a lot of securities over time, in five to 20 years, will increasingly become digital or get tokenized,” Umar Farooq, JP Morgan’s head of digital treasury services and blockchain, said last week.  Goldman Sachs CEO David Solomon also recently said that the bank could “absolutely” play a role in cryptocurrency disruption and hinted it might be interested in issuing a digital asset similar to JPM Coin in the future.
The Block Crypto

NERVOS | BlockchainBrad Interview | NEW Crypto Economy | SOV Smart Contract Blockchain Platform

BlockchainBrad talks with Nervos Co-Founder Kevin Wang about a layered crypto-economy network. Nervos separates the infrastructure of their crypto-economy into two layers: a verification layer (layer 1) that serves as a trust root and smart custodian, and a generation layer (layer 2) for high-performance transactions and privacy protection. Nervos Common Knowledge Base (CKB)is a public permissionless blockchain & the Nervos CKB uses a simple state model called Cell Model. Nervos Network tackles the scalability trilemma by separating state generation and state verification/storage in a layered architecture and the CKB-VM is a new blockchain VM that adopts RISC-V instruction sets, written in Rust. Kev puts forward a clear case why smart contract platforms should be Store of Value (SOV) frameworks. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ►Join The BCB Tele https://t.me/BlockchainBradCommunity ► Follow on twitter: https://twitter.com/Brad_Laurie ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Links: Telegram: https://t.me/nervosnetwork Twitter: https://twitter.com/nervosnetwork Medium: https://medium.com/nervosnetwork Website: https://www.nervos.org/ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● timestamps: 0:06 Intro 0:30 Overview 6:25 Multi-asset Platform 8:40 Token utility 18:20 Layers 21:20 Scaling 22:50 Security 29:02 Consensus  34:22 Team 40:07 Economics 48:02 The Raise 52:00 Revenue  1:02:01 Roadmap 1:03:40 TGE 1:06:21 Wrap-up ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 📧Want contact me? Perhaps for an interview or Crypto Collab? Send an email to: blockveracontact@gmail.com. This is a new media entity we are building to inject more truth, trust & transparency in the space. All for one better #crypto community. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 🏺Donations: Wanna donate to a new Media Platform we are building for the people. It is called BlockVera. Your support, however small is MASSIVELY appreciated. Here's a donation ETH address: 0x8392C2d402417A0B22F270c57206d3D6ffcE71eC ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● INVESTMENT DISCLOSURE: I have not invested in this project, not yet. This is not Financial Advice. #DYOR always. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● PAYMENT/DONATION DISCLOSURE: This was 100% free and I received no financial compensation from the Nervos Team for doing this video; not in fiat, tokens or any form on payment. Since several months ago, I decided to do only free content unless legitimate LONGTERM ambassadorships were involved. I believe that sponsored content is not a problem if disclosed, but this was NOT sponsored and there was absolutely no compensation received in any way, shape or form for this interview that I receive. This is not Financial Advice. Please #DYOR ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● GENERAL DISCLAIMER: The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner. #Nervos #BCB #SOV #Blockchain #SOVSmartContracts #BlockchainBrad #PoW
Blockchain Brad

Sequoia Capital China Leads $28M Private Placement Financing In Public Chain Nervos Network

Nervos Network, the public chain project, announced today that it has received US$28 million in private placement financing led by Sequoia Capital China and Wanxiang Blockchain, according to its official announcement. Other investors include the U.S. cryptocurrency investor Polychain Capital, token angel fund 1kx, Blockchain Capital, Multicoin, and Matrix Partners China, Ceyuan Ventures, imToken and others. This round of financing will be used to develop products and the teams, accelerate the development of business blockchain solutions and expand the strategic … Sequoia Capital China Leads $28M Private Placement Financing In Public Chain Nervos Network appeared first on China Money Network.
China Money Network

ICO Analysis: Nervos

Among blockchain thinkers and scholars, it is quite established that it is not possible to increase security, decentralization, or performance without sacrificing one (or both) of the others. On the other hand, some huge improvements of these properties are needed for mainstream adoption as the biggest blockchains such as Bitcoin and Ethereum have quite low […] The post ICO Analysis: Nervos appeared first on Hacked: Hacking Finance.
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Bakkt Launches Futures Contracts, Bitcoin Price Falls

Bakkt, a subsidiary of New York Stock Exchange owner Intercontinental Exchange Inc (NYSE: ICE), launched its long-awaited physically backed Bitcoin futures Monday.  The first Bakkt/ICE futures contract changed hands at $10,115 and the number of contracts in the first hour stood at just five total, CoinDesk reported. It's widely belived in the ...Full story available on Benzinga.com
Benzinga

Late Bloomer: Why Bakkt’s Slow Start Is No Surprise

Bakkt has finally opened its platform for physically-delivered Bitcoin futures, but the response has been underwhelming. Nearly a year after the owners of the New York Stock Exchange announced their foray into cryptocurrency, markets responded to the new institutional trading venue with another 1.8% price drop. First announced last August, the long-delayed launch “was an important step toward bringing trusted infrastructure to digital assets,” wrote CEO Kelly Loeffler. The physically-settled futures platform is expected to provide a crucial infrastructure for institutional trading in cryptocurrencies. But some pundits have expressed disappointment at today’s volumes. Four hours before the market closes, only $550,000 worth of BTC futures have exchanged hands. One well-known cryptocurrency analyst described volumes as “not great,” while CoinDesk said trading on Bakkt was off to a “slow start.”   Source: Bakkt   At face value, these low volumes might suggest that institutional investors aren’t very interested in cryptocurrencies. Based on today’s activity, Bakkt volumes are unlikely to rival the futures product from CME Group, which traded $470M in its first week. But there’s an important distinction. CME’s futures are all cash-settled, meaning that all the trading is done in fiat currencies. The underlying asset may be Bitcoin, but at no point does either side have to actually hold it. From a legal perspective, that makes CME futures much simpler for institutional investors, making them no different from a similar future in wheat, maize or gold. In contrast, Bakkt’s futures are all physically delivered, meaning that the underlying assets have to be transferred on a specified date. Institutional investors have to take custody of actual bitcoins, with a lot more hoops to jump. In order to regularly trade in Bakkt bitcoin futures, institutional investors will have to consult specialized legal counsel, acquire new insurance policies, and possibly update their investors, as well as find a custodian to for the digital asset. “[S]ome of [Bakkt’s] largest prospective clients still don’t have permission to trade physically-delivered futures contracts,” wrote analysts at BeQuant Exchange in a note. “As such, [the] build it and they will come mantra may not necessarily result in an influx of new, hot money, at least not right away.” It’s hard to know what the big institutional investors were thinking when Bakkt opened up shop for the first time. But, given the fact that the platform is dealing with a volatile asset class, which has a nebulous regulatory status, it’s no surprise that many high rollers are playing wait-and-see. If there’s one lesson to be learned from Bakkt’s trading today, it’s that the cryptocurrency space still has a tendency towards overblown expectations.  Institutional investors were never going to dive headfirst into an unfamiliar asset. A cautious start to Bakkt’s futures today is a good sign, indicating that the majority of investors are still playing it safe.   The post Late Bloomer: Why Bakkt’s Slow Start Is No Surprise appeared first on Crypto Briefing.
CryptoBriefing

Bakkt’s Bitcoin Futures Goes Live: Should You be Excited?

Over the past few years, the Bitcoin futures ecosystem has grown at a remarkable pace, and it is something that is surely going to stay for years to come. Initially, these futures contracts had been launched by a handful of exchanges, but over the past year or so, the number has increased considerably. Futures Trade In a development that will come as another massive boost to the Bitcoin and cryptocurrency ecosystem, the New York Stock Exchange’s owners, ICE, through its crypto exchange Bakkt has decided to launch futures contracts that will pay out traders in Bitcoins. ... ﾿ 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.
Crypto Currency News

Tezos [XTZ] Jumps Over 4% Amids Binance Listing; CZ Hints Tezos Staking

Binance recently announced the listing of Tezos with pairs of Bitcoin(BTC), Tether(USDT) and Binance Coin(BNB).  Will Binance Enable Tezos Staking? As Per a recent tweet by Binance, it has listed Tezos and it can be paired with USDT, BTC, and BNB. Following the announcement, users can start depositing Tezos on their accounts, while the launch of trading is scheduled for the 24th of September. Source- Twitter CZ then further created hype by asking the community that did they not what was coming next. A user suggested that does the move imply Tezos staking. While CZ didn’t give a definite answer, he expressed his excitement with a “happy” emoji.  Source- Twitter The Tezos official website defines Tezos as,  “ Tezos is a self-amending blockchain that can evolve by upgrading itself, with stakeholders being able to vote on amendments to the protocol, including amendments to the voting procedure itself.” Binance. US Opens Doors for Cardano, Ethereum Classic and Stellar  Today, Binance.US opened deposits for Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX). Trading for these coins will begin on September 25, 2019, at 9:00 AM EST /6:00 AM PST. The announcement further mentions that the coins are temporarily only available for deposits and withdrawals will not be enabled until trading is live. Source- Twitter Also, Binance.US will commence trading on September 24, 2019 at 9:00am EST / 6:00am PST. The launch will see Binance.US list Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB) and Tether (USDT). These coins will be available for trading across 13 fiat-to-crypto and crypto-to-crypto trading pairs.  Source- Twitter Binance Announces 6th Phase of Lending Products In yet another update, Binance announced its 6th phase of lending products. The launch will take place on the 25th of September. In the sixth phase of Binance’s lending initiative, users will be able to lend Binance Coin(BNB), Bitcoin(BTC), EOS, Ethereum Classic(ETC), Ethereum(ETH), ChainLink(LINK), Tether(USDT) and Ripple(XRP) to earn interests payable from Sep. 25 to Oct. 09.  Traders are in for huge benefit as Binance. US enables trading. Will Binance continue to keep the crypto community happy with its developments? Let us know, what you think? The post Tezos [XTZ] Jumps Over 4% Amids Binance Listing; CZ Hints Tezos Staking appeared first on Coingape.
CoinGape

Nicholas Merten: Now Is the Time for Ravencoin, BAT and Chainlink

YouTube star Nicholas Merten is a fan of crypto, but like everyone else, he’s noticed the gradual downplay of bitcoin as of late. Once again, bitcoin has dropped below the $10,000 mark and is trading for just over $9,800. While this isn’t a major fall, the currency seems to have wavered between this mark and $10,200 over the past month. Merten: Altcoins Are Making a Comeback Merten isn’t concerned by this. In fact, he’s looking to use the situation to his advantage, and advises others to do the same. As the host of YouTube’s “Data Dash,” arguably one of the most popular cryptocurrency channels on the streaming and video site, Merten claims that there are three specific cryptocurrencies that are likely to shoot up now that bitcoin is wavering if people are looking to invest. Those cryptocurrencies are Basic Attention Token (BAT), Raven Coin (RVN), and Chain Link (LINK). In a recent interview, he states that these three tokens are likely to grow heavily over the next 12 months, explaining:  At the current moment, looking at [bitcoin] market dominance, it does look like we’re starting to enter into a trend shift where altcoins can start to gain as we retest back towards bitcoin’s high of $20,000. The last two [altcoin cycles] that we had were at the end of the overall bitcoin cycle where bitcoin reached $20,000. The first one happened at the beginning of 2017 when bitcoin retested its high at $1,100. For the most part, altcoins have had a relatively rough year in 2019. Bitcoin on the other hand, has experienced steady growth since April, doubling its price since then from $5,000 to about $10,000. While many have focused on bitcoin as of late, Merten says he’s starting to see funds travel into smaller, competing coins. He says:  As bitcoin does increase over time, as we tend to see a general growth in bitcoin’s price, we tend to see more risk taking in different types of digital assets. As more liquidity has entered bitcoin, you have the ability now, through exchanges, for that liquidity to exit into other alternative investments. Sometimes, that can be rampant speculation, and in other cases, it can be driven through fundamentals. I believe this time around, in this cycle, we’re going to see more going toward fundamental developed projects that actually have real demand.  Why These Three and Not Others? Chain Link is big in that it’s joined software company Oracle to help blockchains connect with outside networks. Raven Coin is significant because it allows developers to establish their own tokens, while BAT is moving forward in that it is attached to the Brave browser, which seeks to block advertisements and trackers from following one’s searches and online activity. Merten is confident BAT will be very important in the field of privacy. The post Nicholas Merten: Now Is the Time for Ravencoin, BAT and Chainlink appeared first on Live Bitcoin News.
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