Tech, Week 18 ’18

Minor and major recent milestones in Top-50 coins and tokens, except for meetups and hackatons.

New Circle Crypto Payment app adds Monero

The new listing brings the total number of tradable coins on the platform up to seven. Fellow privacy coin, Zcash (ZEC), was added last week.

Neurotoken (NTK) secures listing on HitBTC exchange

Neuromation, recently featured in Wired magazine, is an artificial intelligence (AI) platform which develops solutions for the AI sector.

The NTK will be listed with three trading paris: NTK/ETH, NTK/BTC, and NTK/USD.

Vertbase is about to be released

The Vertbase team is working on finishing the bank integration into the platform and finalize their testing and QA. Expecting to start onboarding their first US-based users on June 1st.

OriginTrail development update: v0.7a Zond released on May 7th

The OriginTrail devteam brings latest code release, dubbed Zond, version 0.7a of the alpha stage of the OriginTrail Decentralized network (ODN). They are 3 releases away from the launch of the test net and are quickly approaching a fully functional test network.

Ethereum transacting $166 Million per hour, 53% to Smart Contract Dapps

Ethereum is processing $166 million worth of transactions every single hour, translating to some $4 billion a day, according to Shawn Douglass, CEO of Amberdata. Douglass further said 53.5% of all those transactions during the past 7 days, thus around $2 billion per day, are to smart contracts, up from 39.4% in the last six months.

Fantom ICO High Performance Blockchain Preview

Fantom aims to be the first platform to disrupt the existing payments and supply-chain management paradigm. The Fantom ICO offers a DAG-based blockchain protocol for higher speed and infinite scalability. The proposed transactions per second (TPS) on Fantom is 300k TPS.

Ripple Net can communicate directly with SAP & Oracle ERP systems using xVia Cardano’s blockchain to be used in Ethiopia’s Agritech Industry

Cardano is planning to help the Ethiopian economy and its workforce by ‘training blockchain developers’. GDP of Ethiopia has been rising steadily and recorded an all-time high of $72.37 billion in 2016. Based on several reports, the developing country has one of the fastest-growing economies in the world.

Radar Relay opens for Chinese and Korean markets

Radar is dedicated to removing barriers and providing access to as many people as they can. A large part of that process comes in the form of localizing their products and content.

They are excited to announce that Radar Relay is already translated into Korean and Chinese.

Interoperability: sidechain POA network to bridge to Ethereum Mainnet

Last week POA announced the launch date for its cross-blockchain bridge to be on May 10 – They say this bridge a step toward what it calls the ‘Internet of Blockchains.’

Binance adds Ripple (XRP) / Tether (USDT) pairing trade

Binance 3 trading pairs for Ripple (XRP); XRP/Bitcoin (BTC), XRP/Ethereum (ETH) and now XRP/Tether (USDT). The fee for trading will be 0.1% of the total transaction. There will be no fees applied for depositing money. The minimum withdrawal for XRP is 22 XRP and the transaction fee is staked at 0.25 XRP.

Monero: official ledger support with GUI ‘dropping soon

Riccardo Spagni, one of Monero’s core team members, says the final firmware update for XMR support is ‘dropping soon.’ The final release will include GUI support for the Ledger Nano S.

TRON has completed TRX airdrop to the Ethereum (ETH) community

TRON Foundation decided to make a 30 million TRX airdrop for the benefit of the Ethereum community. Tron provided this for the Ethereum accounts who have kept their profiles active since 1st January 2018 with a balance of more than 1 ETH in their accounts. Meanwhile, TRON mainnet is launching on 31st May.

Bitcoin-ABC incident report

On April 26 Bitcoin-ABC developers were notified by an anonymous individual of the vulnerability of Bitcoin-ABC 0.17.0.

Verge (XVG) presented the new wallet UI

Verge (XVG) delivered performance, falling in accordance with recent promises made by its Founder, Justin Vendetta. From Verge, it’s just one announcement after the other.

Zebpay announces the launch of 0x (ZRX)

Zebpay adds 0x (ZRX). ZRX wallet is now open. Starting 8th May 2018, 1:00 PM IST, clients will be able to buy, sell and trade 0x (ZRX) from their Zebpay account. Zebpay recommends you to move your ZRX to your Zebpay wallet as soon as possible to avoid facing delays in transferring ZRX after trading starts.

Bitmain’s newest ASIC can mine Bitcoin Gold, Zcash

On Thursday, May 3, Bitmain announced its new Antminer Z9 Mini, an ASIC able to mine any cryptocurrency running the Equihash algorithm. This includes Bitcoin Gold, Zcash, Komodo, ZClassic, ZenCash, Hush, and a few others cryptos.

The Antminer Z9 Mini runs at a costly $1999, (while other hardware typically goes for anywhere between $ 500 and $ 700). The closest is comes is the Ethereum-mining E3 ($2150).

IOTA (MIOTA) is ready to be supported on ledger hardware wallet & Porsche partnership

At the moment, the official IOTA wallet is one of the options to store MIOTA. But users are experiencing some problems when they use it, including issues when sending, receiving or broadcasting transactions.

BTC

3,581 USD
0.06%

ETH

117.53 USD
-0.22%

XRP

0.3212 USD
0.59%

USDT

1.00 USD
0.00%

ZRX

0.2800 USD
-1.06%

XVG

0.006626 USD
1.09%

NTK

0.02663 USD
-11.65%

Related news

Binance Chief CZ: Bitcoin (BTC) Is Oversold, Crypto Still Growing

Bitcoin (BTC) Is Oversold  The most-anticipated crypto-centric event of early-2018, the Binance Blockchain Week in Bitcoin capital Singapore, has arrived, and this nascent community is buzzing. As the event is a Binance-led initiative, the upstart’s C-suiters and foremost executives have made appearances at the conference, coupled with the subsequent hackathon. While talks from Wei Zhou, Binance’s chief financial officer, and his peers were appreciated, Changpeng “CZ” Zhao himself sat down on the conference stage to give a keynote. And as normal, Zhao, one of the crypto sector’s golden children, did his best to prove why this industry is still popping, so to speak. According to an exclusive from Micky, an up-and-coming crypto media outlet, Zhao, formerly an executive at OkEX and Blockchain.com, reminisced about 2017’s monumental rally, coupled with the subsequent collapse. Echoing sentiment touted by his fellow industry executives, the Binance chief executive noted that late-2017 saw the Bitcoin (BTC) market “overshoot” itself, with asset valuations quickly becoming well-overextended. He quipped that much of the bull sentiment could be chalked up to the abundance of hype, touching on the FOMO that consumers experienced, along with the mass of questionable projects. Murad Mahmudov, a Princeton graduate with ambitions to launch a crypto-focused hedge fund, recently touched on this subject matter. Speaking with Tone Vays, a former institutional investor turned Bitcoin diehard, Mahmudov took Zhao’s comments one step further, noting that a majority of altcoins, including Ethereum, EOS, XRP, were overvalued in 2017’s parabolic surge. Mahmudov’s remarks aside, Zhao purportedly went on to say that cryptocurrencies are currently dramatically oversold, and could be in for an eventual recovery. Speaking in a keynote, the industry insider explained that the current bear market has been “overshot,” indicating that he believes assets have fallen too far from their peaks. Backing his claim, CZ, a former Bloomberg employee, noted that there’s more talent in this industry than ever before, adding that the growing number of bonafide conferences and blockchain events is comforting. Likely referring the array of truly innovative blockchain projects coming to life, along with forays from Wall Street and household names, Zhao then added that “the builders are building, [so] we are seeing a lot more development in this space.” And with all that in mind, Zhao came to the conclusion: So I actually think that we’re probably overshooting on the lower side, but again I could be wrong, this is mass technology. However, many aren’t in agreement with Zhao’s statement on the broader market. Per previous reports from Ethereum World News, Mahmudov recently stated that if history rhymes, BTC could fall to as low as $1,700 before another jaw-dropping run. “I Can Go Weeks Without Looking At Crypto Prices” While the Binance head had remarks about the value of cryptocurrencies, he went on to stress that his sole focus isn’t on markets, but rather, this industry’s underlying fabric. He claimed that he’s “very comfortable” with not checking Coin Market Cap or similar sites, even adding that he has and may continue to “go on for weeks without looking at the [Bitcoin] price.” Zhao attributed his disconnected attitude towards wherewithals to Binance’s “focus on building,” and visions that this sector will swell over time. Title Image Courtesy of Marco Verch Via Flickr The post Binance Chief CZ: Bitcoin (BTC) Is Oversold, Crypto Still Growing appeared first on Ethereum World News.
Ethereum World News

Bitcoin (BTC) Price Analysis: Will This Wedge Support Hold?

Bitcoin has formed lower highs and slightly lower lows to create a falling wedge formation on its 4-hour time frame. Support is holding for now but it looks like bears are trying to go for a break lower. The 100 SMA is below the longer-term 200 SMA to confirm that the path of least resistance is to the downside. In other words, the selloff is more likely to resume than to reverse. Also, the gap between the moving averages is widening to reflect stronger selling pressure. Price is below both moving averages to signal the presence of selling pressure also. RSI already dipped to the oversold region to signal exhaustion among sellers and appears to be pulling back up to indicate that buyers might return. In that case, bitcoin could still bounce off support and test the top of the wedge at the $3,800 area again. This lines up with the 200 SMA dynamic inflection point to add to its strength as a ceiling. Stochastic has just reached the oversold region to reflect slower selling pressure and might also be due to turn higher soon. A shallow bullish divergence can be seen as price made lower lows while the oscillator had slightly higher lows since mid-January. Still, a break below support could spur a slide that’s the same size as the wedge formation. This spans $3,600 to around $4,400 so the resulting downtrend could last by at least $800. Similarly a break above the wedge top could spur a rally of the same height. Bitcoin has had a rough couple of weeks as traders appeared to turn their optimism down a notch. As it is, the industry has yet to report positive developments that could sustain the rallies from the start of the year, but the lack of bullish interest despite upside breakouts suggests caution. The post Bitcoin (BTC) Price Analysis: Will This Wedge Support Hold? appeared first on Ethereum World News.
Ethereum World News

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