Syscoin news

Established in 2014, Canada. Syscoin is a revolutionary cryptocurrency that offers near zero-cost financial transactions like Bitcoin and provides businesses with the infrastructure to trade goods, assets, digital certificates and data securely. CEO/founders - Sebastian Schepis (founder).

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SysCoin Price Prediction and Analysis for July 4

Most cryptocurrency users know all too well the prices of altcoins tend to fluctuate depending on how Bitcoin’s value is evolving at that time. As far as the SysCoin price is concerned, that situation is not that different. However, it seems as if this market is undergoing some interesting changes, despite the road ahead remaining very steep and long.  The Current SysCoin Price Trend With Bitcoin remaining as volatile as it has ever been, it is not entirely surprising to see the alternative markets struggle along the way. There doesn’t appear to be any real stable ground to speak of at this time, albeit that situation might eventually come to change in the near future. For SysCoin, its price chart shows there are plenty of ups and downs along the way, which can make it rather interesting for traders and speculators to make some money.  SYS/BTC Trend and Analysis With Bitcoin still on very shaky ground, there are opportunities for traders to make some money by flipping altcoins and Bitcoin back and forth. Most markets are struggling in this regard, but there are still some interesting uptrends. For SysCoin, it seems the bottom has been found – at least for today – and the SYS/BTC ratio is moving up again every so slightly.  After dropping to the 365 Satoshi range, it now seems SYS/BTC is heading back to the 385-390 Satoshi range. There have been some strong attempts to keep this uptrend in place, although there are still some dips along the way to be wary of at all times. It seems this chart is perfectly mimicking Bitcoin’s USD chart right now, as those dips and surges will effectively influence the SysCoin price as well. Only time will tell whether or not this will be for better or worse. The big question is whether or not this altcoin can effectively sustain the current trend with the little trading volume it has. Unlike most alternative markets, SysCoin doesn’t generate $1m worth of trading volume. Not entirely abnormal for a project ranked 190th by market cap. It is also interesting how SYS/BTC on Binance generates over 74% of the overall SysCoin volume. That is not necessarily a good thing, but this is the go-to market for anyone who wants to get involved in trading this altcoin right now. SYS/USD Trend and Analysis It would appear things are a bit less exciting where the SYS/USD ratio is concerned. At least for today, there has been mostly a small gain or a small loss to note, with no real indication as to where this market will be headed next. It is evident the $0.045 level is considered to be a strong price point, albeit it remains to be seen if the price will head to the lower regions again if Bitcoin’s uptrend would fall apart at some point.  A rather interesting precedent occurs to see a lower SYS/USD value in the coming hours and days. Earlier today, the value dropped to $0.431 at one point, although a sharp rebound was triggered shortly afterward. That uptrend was met with another push down before the SysCoin price eventually rose back to the $0.452 level.  Given the weak trading volume, however, it would not take much effort to send this market in either an upward or downward direction. Trading Indicators Remain Neutral It is very difficult to determine where the SysCoin price is headed next. Even the technical indicators such as the RSI and MACD do not show any real indication as to what will happen next. It would appear the overall technical analysis sentiment on TradingView is “deep sell” so this could be an indication of what is yet to come for this particular altcoin market. The sentiment is not an official market indicator and should not be treated as such, however.  Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency. The post SysCoin Price Prediction and Analysis for July 4 appeared first on NullTX.

What Is Syscoin?

Many blockchain and cryptocurrency projects attempt to make a unique mark on the industry. Syscoin is putting up a valiant effort in this regard, as it aims to put any business on the blockchain. Its crucial core features allow anyone to build secure and low-cost applications which can cater to millions of users. The Syscoin Vision Explained Every blockchain platform has to stand out from the competition in one way or another.  Syscoin focuses on key aspects to provide enterprises and organizations an ideal blockchain and distributed ledger platform, and to on-board developers into this new field.  Low-cost application deployment and maintenance, a strong focus on security, and the availability of developer tools makes this project evidently worth keeping an eye on. Anything that can benefit from blockchain or distributed ledger technology can be built on top – the only limitation is your imagination. Under the Hood of the Platform The core features of Syscoin deserve to be highlighted. It is a decentralized network providing unprecedented throughput.  Its unique Z-DAG, a layer 1 consensus technology, enables up to 60,158 transactions per second as recently revealed by Whiteblock, the third-party commissioned to analyze Z-DAG performance characteristics within realistic network conditions. This represents a significant improvement over Bitcoin, Ethereum, Qtum, and many others. For developers and organizations looking to build blockchain-based solutions, it can sustain most if not all conceivable performance demands right now and scale into the future. This is a key selling point of this project. Syscoin provides “zero confirmation” transactions. What this really means is anyone who transfers funds or ownership through Z-DAG protocol will benefit from near instant transaction confirmations and truly instant redeemability in a secure, decentralized way, and benefit from finality akin to that of Bitcoin.  This is great news for the retail industry, as very few projects and solutions effectively provide secure instant transfers today. Any innovation which benefits core business and the bottom line needs to be explored, particularly those in the blockchain and distributed ledger technology industry providing balanced solutions to the “trilemma”. Another crucial aspect is Syscoin’s effective and unique interoperability with other blockchains.  Having hundreds of isolated protocols existing as islands unto themselves limits the degree to which the world can benefit from blockchain tech. Through the native Syscoin Bridge feature, any application can interact with multiple blockchains, and do so without involving intermediaries nor counterparties. The benefit of this kind of interoperability – enabling a single application to take advantage of a robust ecosystem on demand and readily harness the strengths of multiple protocols – is a big boon. To top it off, Syscoin Bridge opens Z-DAG network to the entire ecosystem.  The industry needs this kind of solution. The low fees provided by this network also make the native tokens and assets useful in diverse ways.  Anyone looking to build a point-of-sale system will benefit from the low fees and high transaction throughput the system provides right now.  While excelling as a point-of-sale solution, it also extends well beyond traditional business models; powering microtransactions, stock and supply chain management, asset exchange, and even e-commerce. There are numerous options and uses to explore, both within and outside of traditional finance. Microsoft and Syscoin Join to Define Decentralized Identity Standards The need for decentralized identity management becomes increasingly apparent as the world moves quickly towards a new decentralized economy.  The team behind Syscoin realized this early-on. In 2017, they joined forces with Microsoft through the Decentralized Identity Foundation to help define future DID standards.  As part of this effort, Syscoin Platform aims to serve users and organizations with a flexible identity service model that can easily adapt to evolving standards, driving the project towards breakthroughs in off-chain/on-chain aggregation. Microsoft is just one of many Syscoin Platform partners.  Blocknet, Komodo, Blocknorth, among others, work with Syscoin on a variety of initiatives. Accessible To Developers Getting involved with Syscoin is rather easy.  It provides open source API tools and a community of avid developers. Developers of all kinds can explore Syscoin in a convenient manner with minimal learning-curve and get the support they need, whether through the community, or by consulting with Blockchain Foundry, a consultant and solutions business well-versed in all aspects of Syscoin Platform.   Real-World Examples are Abundant Several organizations and service providers make use of what Syscoin has to offer. Blockchain Foundry has built multiple in-house products and aids external organizations to achieve their blockchain goals. Peer Mountain uses the platform to build its decentralized identity and compliance ecosystem. Lode is harnessing the capabilities of the platform to serve its rapidly growing silver-backed stablecoin ecosystem.  Organizations and companies are increasingly experimenting with what the platform has to offer, and realizing how it can improve their current and future business and operations models. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency. The post What Is Syscoin? appeared first on NullTX.

POA Network, Syscoin, Viberate and Nano Fare the Best in Crypto; Coins in Total Up 0.42% Overall, 19 Coins Cross Key Moving Average

The Big Winners From Yesterday Since yesterday, the coin that fared the best out of the 133 coins in our index was POA Network, whose price is up 12.07%. Rounding out the top four currencies for the day were Syscoin, Viberate, and Nano, which provided holders with returns of 6.72%, 6.37%, and 6.31% for the day. The moves in all these coins were a bit surprising, in that they were well outside of the trading range normally associated with each of the currencies in question. Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex A Macro View of the Crypto Market In the past day, the average percent change in price for the coins in our index was a move up 0.4238%. On a more granular level, 57% of the coins we’re tracking were up while 43% of the coins were down. Below we can see the average daily change for the coins we are tracking our index over time. 19 coins are especially close to their 20 day moving average, and thus may be worth watching for technical traders who view the 20 day moving average as a key support/resistance level. Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Key Price Technicals in the Crypto Market Those 19 coins are: Kyber Network, Streamr DATAcoin, IoTeX, Ontology, Monero, Bancor, Nano, POA Network, VeChain, Ark, Dock, SingularityNET, Enjin Coin, Time New Bank, AirSwap, Nucleus Vision, Loopring, Horizen, Syscoin. Volatility traders may also wish to note that NA of the 133 we are monitoring have had their volatility contract over the past two weeks. Contracting volatility often leads to a big move in price, so this may be something to monitor. The chart below drills down a bit more, featuring 4 currencies with contracting volatility that are trading below their moving average. Are these coins forming a bottom? Interested in trading these currencies? Some brokers to try: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Article by SixJupiter The post POA Network, Syscoin, Viberate and Nano Fare the Best in Crypto; Coins in Total Up 0.42% Overall, 19 Coins Cross Key Moving Average appeared first on DecentralPost.

Blockchain Foundry deploys Syscoin 4.0; releases Syscoin Spark Wallet

Blockchain Foundry (BCF), the blockchain technology company and lead developer for Syscoin, today announced that it has successfully deployed Syscoin 4.0, the latest version of the Syscoin blockchain. Syscoin is an open source blockchain protocol which underpins BCF’s proprietary development efforts, including its patent-pending Z-DAG blockchain scalability solution. Syscoin  4.0  is an essential part of […] Source
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Fan tokens draw new users to crypto with the latest club addition, AS Roma

Blockchain is stepping further into the sports arena, as cryptocurrency company Socios partners with soccer team AS Roma to offer a fan token, according to a statement from the club.  The token will find its way to fans through the Socios app. There, it'll be tradeable against the Socios native token, $CHZ, currently listed on BitMax and KuCoin, as well as Binance DEX - Binance's decentralized exchange. The tokens are accessed on, but housed on a separate permissioned side chain, where each club becomes a Node with Proof Of Authority (POA) from $CHZ. In order to access the club token through a Fan Token Offering, fans must first hold $CHZ. The move could open crypto to a wider user base, since the tokens allow fans to have a voice in their club. The tokens five supporters the right to vote on certain club decisions. They'll be set at a price of two euros, but fans can also earn them by interacting with AS Roma on the Socios app. Fans can also "hunt" tokens for free through the app's augmented-reality geo-location feature Token Hunt. However, AS Roma isn't the only club interacting with fans through crypto. Indeed, clubs from different leagues including Paris Saint-Germain, Juventus and West Ham United have all created fan tokens for supporters. Alexandre Dreyfus, chief executive & founder of, said AS Roma's fan base along with other participating clubs draw hundreds of millions of users.
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What does it take to be part of the next wave of Bitcoin Billionaires? Tim Draper answers

As crypto ecosystem consistently redefines its new peak in terms of adoption, fiat investors and new players are seeking opportunities to be a part of the next wave of Bitcoin Billionaires. One of the early birds, Tim Draper leads this space in terms of making sizable investments and returns in Bitcoin. Having complete faith in Bitcoin’s […] The post What does it take to be part of the next wave of Bitcoin Billionaires? Tim Draper answers appeared first on AMBCrypto.

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