Tech, Week 20 '18

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

JP Morgan Launches Cryptocurrency Strategy

JP Morgan is taking cryptocurrencies seriously by appointing London-based fintech head Oliver Harris to create a cryptocurrency strategy for the company, revealed on May 18.

Purse.io Adds Native BCH Support and Launches ‘Bcash’

On Friday, May 18, Purse.io, the company that enables up to 20 percent savings when users shop on Amazon with Bitcoin Core (BTC), announced its’ native support of Bitcoin Cash. Now users spending Bitcoin Cash can get the same services the firm has been offering since 2014. Additionally, Purse has revealed its own Bitcoin Cash (BCH) Javascript library for node.js called ‘bcash.’

Mercuriex to launch on May 21st with BTC/LTC trading pair

Mercuriex, a US based cryptocurrency exchange launching on May 21. The initial trading pair will be BTC/LTC, with IOTA to be added soon after.

Tether prints 250,000,000 USDT

Tether is printing large batches of USDT, this time around it is 250,000,000 USDT in one go. The last print was March 20, 2018, 18:51:15 UTC of 300,000,000 USDT.

Blockstack Launches Decentralized Applications Store

The project that’s building a network for decentralized applications layer for the Internet, Blockstack, has announced the launch of a new universal Dapp (decentralized application) store called App.co. The aggregated list of roughly 138 ecosystem-wide applications that offer utility by harnessing the benefits of decentralized technologies like blockchain, cryptocurrencies, IPFS, Zeronet and more.

Openbazaar Enables Decentralized Peer-To-Peer Trading of 44 Cryptocurrencies

Peer-to-peer e-commerce platform Openbazaar’s development team, OB1, announced this week that fully decentralized, fee-free cryptocurrency trading is now available on the platform with the release of Openbazaar version 2.20.

Binance Delays TrueUSD Launch Due To ‘Popular Demand’ And Liquidity Concerns

Binance will no longer be launching TrueUSD (TUSD) trading on Friday, May 18, at 4:00 am UTC, as was originally planned. Instead, the hugely popular cryptocurrency exchange will start offering TUSD trading on May 22, at 4:00 am UTC.

Börse Stuttgart Launches Crypto Trading Platform

Börse Stuttgart is currently handling over $100 billion dollars (€83 billion) in trading volume, and it has decided to offer cryptocurrency trading services. The platform is known as Bison and will allow individuals to trade Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and Litecoin (LTC). The company has also explained that they will be offering more virtual currencies in the future.

Litecoin (LTC) Becomes Compatible With The Blocknet Protocol And Prepares For Gemini Listing

Litecoin (LTC) is now compatible with the Blocknet Protocol. Thus, the process of converting one crypto to other is expected to become easier. The cryptocurrency has also been listed on Gemini exchange.

Augur’s contracts to be deployed to Ethereum (ETH) network

Augur being an open-source decentralized platform built on the Ethereum blockchain, caters to the prediction market and are looking forward to launching smart contracts on the Ethereum’s Mainnet on July 9.

Coinbase Aims To Obtain Banking Licenses

Coinbase is now intent on learning how to obtain banking licenses. The Wall Street Journal reports that, according to undisclosed sources, the exchange held conversations with officials from the U.S Office of the Comptroller of the Currency in early 2018.

VeChain (VEN) Announces First ICO On Its VeChainThor Platform

The Plair project intends on using the VET platform to launch its own ICO that starts on May, 25.

5 Major MainNet Launches To Mark On Your Calendar (TRX, EOS, ZIL, VEN, ADA)

There is the Tron (TRX) Mainnet that is scheduled for release on May 31. The second project is EOS (EOS). The exact date is the subject of plenty of speculation on the web with some crypto fans saying it is either the 2nd or the 3rd of June. Zilliqa MainNet will be released in Q3, exact date is yet to be announced. ADA MainNet will be released sometime in Q2 and Q3 this year.

EOS all set for the Public release of EOSIO 1.0 in June

EOSIO Dawn was focused on the stability of the core platform, but over the next month, they will be working on the final system contract that implements skating, voting, and governance mechanics. This way they will also be finalizing their token standard. EOS Team is all set for a high-quality public release of EOSIO 1.0 in June.

Coincheck to delist Monero (XMR), Zcash (ZEC) and DASH

Coincheck, the digital asset exchange platform based in Japan announced that Monero (XMR), Zcash (ZEC), and Dash (DASH) will be removed from the platform. Along with these privacy coins, Augur (REP) will also be delisted in the month of June. Coins that are existing even after June 18 will be sold at the market price and converted to Japanese Yen (JPY) and credited to the customer.

Unilever Owned Schmidt’s Naturals Adds Bitcoin Payment Support

Schmidt’s Naturals, the globally renowned brand for personal care products, has decided to hop in on the crypto bandwagon. Starting May 14, 2018, the Unilever-owned company began accepting bitcoin payments on its online store.

BTC

3,936 USD
0.62%

ETH

134.42 USD
1.48%

LTC

58.52 USD
1.53%

BCH

156.87 USD
2.75%

TRX

0.02260 USD
-0.65%

DASH

90.19 USD
1.07%

ADA

0.06084 USD
1.83%

XMR

51.17 USD
2.06%

USDT

1.01 USD
0.00%

VET

0.005513 USD
-0.88%

ZIL

0.01846 USD
0.00%

Related news

Bitcoin (BTC) Now Entering “Bear-To-Bull” Phase, Claims Analyst

Bitcoin To Breakout For $6,000 Towards EoY While the crypto market slipped on Monday, some traders have kept their heads high. Through a recent Trading View post/update, Magic Poop Cannon, a highly optimistic Bitcoin (BTC) analyst, explained why he believes the lead cryptocurrency is entering a “long bear-to-bull transition phase.” Bitcoin is Entering A Long Bear to Bull Transition Phase (BTC) – #BTCUSD chart https://t.co/acpiptQDeA— MAGIC (@MagicPoopCannon) March 26, 2019 He first draws attention to the 150-day moving average (150 MA). The 150 MA isn’t as conventional as the 200 MA, which investors en-masse see as a level of utmost importance, but Magic claims that it has been a level to watch for upwards of two years. It was explained that in 2017’s rally, the level acted as support, as BTC bounced off it four times during its rally to $20,000. Once the digital asset started to tumble, however, the 150 MA became an “important indicator of overhead resistance.” In fact, this resistance followed close behind a descending channel that depressed BTC through the latter half of 2018, accentuating its importance. But Magic believes that Bitcoin will break the descending channel (along with the 150 MA) shortly, thereby killing the crypto bear. Even if such an auspicious occurrence comes to pass though, Magic makes it clear it won’t exactly be smooth sailing for Bitcoin. He writes that he expects for the cryptocurrency to enter into a “gentle breakout,” but will trade between $3,200 at the “low 4,000s” for much of the year. And thus, Magic closed out his analysis with: I think it is far more likely that Bitcoin will breakout for $6,000 closer toward the end of the year. Even then, I believe it is likely to be a slow grind on a slightly uphill slope, as opposed to an explosive breakout to the upside. I still believe that the market has probably bottomed, but we may see a retest of the $3,150 level sometime in October… And of course, Magic took the time to explain that he believes that Bitcoin is, and will always be, the best cryptocurrency. Some Stay Cynical While Magic is, let’s say, over the moon, others have been a tad more cautious. Per previous reports from this outlet, Bloomberg has claimed that there’s more pain to come for Bitcoin and other cryptocurrencies. In its crypto market update on Monday, it was explained that the GTI Global Strength Indicator has ticked overbought, setting the stage for a pullback. In a comment to Bloomberg, George McDonaugh of a London-based blockchain investment group argues that the impending collapse will be relatively epic. He argues that Bitcoin and cryptocurrencies en-masse are “due another retest of the lows (which he claims is at $3,100).” McDonaugh chalked up his call to the fact that markets often retests “the depths of despair” twice, and so far, capitulation has arguably only occurred once during the $6,000 to $3,200 move. And with that, he remarked that Bitcoin could easily fall to that level again. Photo by André François McKenzie on Unsplash The post Bitcoin (BTC) Now Entering “Bear-To-Bull” Phase, Claims Analyst appeared first on Ethereum World News.
Ethereum World News

Tron’s Educational Event Series: Speakers prefer technological developments over crypto-prices

Tron has been having a tough time in the cryptocurrency market as it slipped down to the eleventh position recently. However, to further adoption, Tron’s team has now kick-started the Educational Event Series to make people who are not a part of the crypto-world get acquainted with blockchain and digital currencies. The Tron Foundation said that even though crypto has been around for nearly ten years now, people do not fully understand it, and drew parallels to blockchain technology. The Foundation stated that crypto and blockchain were still vague words for a majority of the world’s population. Tron carried out its first talk on March 7 in San Francisco to help people understand the effectiveness of blockchain. The foundation marked 40 people in attendance and was joined by three speakers. The speakers were Chris Eberle, COO of Swarm, Cecilia Li from OKCOIN U.S., and Kevin Ding, the Managing Director at Danhua Capital, from blockchain and crypto/traditional finance and investments. The topics discussed by the panel covered misconceptions about blockchain, which included the most common assumption that Bitcoin and other cryptocurrencies, along with blockchain, can help an individual make a quick fortune. According to reports, blockchain spending was going to increase in the US by a staggering $41.4 billion by 2025. The speakers also focused on how the finance industry was going to be the first to fully accept blockchain. The team of speakers explained the current bearish market through examples, but according to them, the technological development on various blockchain platforms was more important than the prices of the cryptocurrencies. Tron recently partnered with San Jose State University in Silicon Valley, which would serve the purpose of educating people about blockchain and cryptocurrencies through an educational event and not through a traditional course. The post Tron’s Educational Event Series: Speakers prefer technological developments over crypto-prices appeared first on AMBCrypto.
AMBCrypto

Bitcoin [BTC] and other mineable cryptocurrencies account for around 70% of total market capitalization

In 2009, the world was introduced to the idea of cryptocurrency with the launch of Bitcoin. According to CoinMarketCap, there are 2,125 digital currencies registered on the website with an estimated net valuation of around $140 billion. Now, according to Bitcoin.com, mineable cryptocurrencies in the current market represented close to 70% of the entire market capitalization, at press time. Despite the numbers, however, the collective volume suggested a dominant grip of a few significant cryptocurrencies. At press time, there were only four cryptocurrencies in the top 10 list that required mining. The other cryptos which were already minted included the likes of XRP, Stellar’s XLM and a few that use the POS mechanism. Mineable tokens in the top 10 combine for a market cap of around $91.7 billion. The rest of the top 10 non-mineable cryptos were worth a total of $24 billion, which was roughly 17 percent of the whole economy. The coins that can be mined in the top 10 included Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BCH] and Litecoin [LTC]. Outside the top ten list, Bitcoin SV [BSV], Monero [XMR], DASH and Ethereum Classic [ETC] contributed to 2.2 percent of the entire market cap or worth about $3.32 billion that can be mined. Additionally, all the mineable tokens can be mined by anyone with a standard GPU or ASIC machine. Litecoin [LTC] was initially supposed to be ASIC resistant, but that initiative was scrapped almost immediately. The post Bitcoin [BTC] and other mineable cryptocurrencies account for around 70% of total market capitalization appeared first on AMBCrypto.
AMBCrypto

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