Top Crypto Releases to Watch (Sept 28—Oct 01 '18)

Top Crypto Releases to Watch (Sept 28—Oct 01 '18)

If you follow tech updates, then you may pay attention to Steem, EOS, Obsidian, Zcash, Einsteinium and Stellar

Steem (STEEM) — Velocity Hardfork is scheduled for September 25, 2018

One of the major changes in the Velocity Hardfork is a change from our existing Bandwidth system to a new-and-improved system based on Resource Credits (RCs).

The primary goal of the Velocity Hardfork is to change the account creation system in order to lower costs and improve the new user onboarding process.

EOS (EOS) — EOSfinex Beta will be released on September 26, 2018

EOSfinex is a high-performance, decentralised exchange built on EOS.io. technology. A beta version of EOSfinex will be unveiling at Blockchain Live in London, September 26th.

EOSfinex will facilitate a highly-scalable network of peer-to-peer value exchange, unconstrained by borders and built around a foundation of transparency, speed and integrity.

Bitfinex blog

Obsidian (ODIN) — ODIN wallet will be released on September 28, 2018

Zcash (ZEC) — Network Upgrade 1 is planned for September 30, 2018

Sapling will activate the Sapling protocol update, bringing orders of magnitude improvements in both time and memory to shielded transaction, making mobile wallet support feasible. Additionally, Sapling will rely on the Powers of Tau open-participation parameter setup, largely mitigating concerns about the parameter setup risks for zkSNARK applications (including other applications outside of Zcash).

Einsteinium (EMC2) — Fork to new EThash Algo is scheduled for September 29—30, 2018

EMC2 will fork by changing the mining algorithm from Script to EThash in Q3/2018. Holders of EMC2 will get new coins in 1:1 ratio.

Stellar (XLM) — Lightning Network Beta Release is scheduled for October 1, 2018

State channels on Stellar livenet + Lightning Network beta.

EOS

7.98 USD
-3.42%

ZEC

85.65 USD
-5.60%

XLM

0.1406 USD
-6.07%

STEEM

0.4197 USD
-4.07%

EMC2

0.1261 USD
-10.23%

Related news

Tron falls by 11.44% in under 4 hours after Justin Sun’s ‘kidney stones’ announcement

Tron, the tenth-largest cryptocurrency on CoinMarketCap, has been on an uptrend recently. Rather, it had been, until the power lunch debacle. This morning, Tron’s official Twitter handle announced that Justin Sun’s lunch with investment mogul Warren Buffett was postponed owing to health issues. More specifically, due to kidney stones. TRON Foundation announces postponement of Warren […] The post Tron falls by 11.44% in under 4 hours after Justin Sun’s ‘kidney stones’ announcement appeared first on AMBCrypto.
AMBCrypto

Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis

The total crypto market cap failed to break the $290.0B resistance and recently declined below $275.0B. Bitcoin price is down around 3% and it recently broke the $10,500 support area. EOS price is down 5% after it failed to gain strength above the $4.400 resistance area. BCH price failed to hold the $320 support and traded towards the $310 level. Tron (TRX) price declined sharply by around 10% and broke the key $0.0280 support. Cardano (ADA) price remains in a bearish zone below the $0.0650 support area. Bitcoin price and the crypto market cap are currently showing bearish signs. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB are likely to extend losses in the short term. Bitcoin Cash Price Analysis Recently, bitcoin cash price recovered above the $320 resistance against the US Dollar. The BCH/USD pair even tested the $340 level, but it struggled to continue higher. As a result, there was a downside correction and the price recently broke the $320 support level. At the moment, the price is trading near the $310 level and it might soon test the $300 support level. If there are more losses, the price could even revisit the key $285 support level in the near term. EOS, Tron (TRX) and ADA Price Analysis EOS price failed to gains strength above the $4.400 resistance levels and recently trimmed gains. It broke the $4.250 and $4.200 support levels and is currently trading just above the $4.100 level. The main support is near $4.000, below which the price could accelerate losses in the near term. Tron price was rejected above the $0.0300 and it recently started a sharp downward move. TRX price is down more than 10% and it broke the $0.0280 support level. An immediate support is near $0.0262, below which it could test the $0.0250 support level. Cardano price is trading in a bearish zone below the $0.0650 pivot level. ADA price declined below the $0.0620 and $0.0600 support levels and it seems like it could continue to decline towards the $0.0575 level. Looking at the total cryptocurrency market cap 4-hours chart, there was a rejection pattern formed near the $290.0B resistance level. The market cap declined recently and broke the $280.0B support level. It even broke the $275.0B support level and a connecting bullish trend line on the same chart. Therefore, there are chances of more losses towards the $260.0B or $250.0B support. On the upside, the broken support near $280.0B might act as a solid resistance. Overall, upsides in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins are likely to face hurdles in the near term. Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis was last modified: July 23rd, 2019 by Aayush JindalThe post Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.
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