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Crypto Market Watch: VeChain (VET), NEO and Lisk (LSK)

All of today’s focus coins are on a Bullish momentum with the upward trend signaled to continue by various indicators. Previously held support levels have been upped and prices bettered. The result of this has been an improvement in investor confidence in these coins despite Bitcoin taking a further dip within the last 24 hours. VeChain, NEO as well as Lisk are headed on an upward momentum, registering O.5%, 3.03% and 1% increase respectively. VeChain/USD VeChain has seen a Bullish run over the last 24 hours, coming from $0.0038 yesterday to the current $0.004. This slight upsurge in VeChain’s value pushed down the Relative Strength Index (A) indicating growing confidence from investors. The RSI dipped slightly indicating slowed market activity – meaning that VET sale offs over fear of losses due to reduced price were few. Additionally, both Moving Averages were upward facing, with the 9 day EMA(B) crossing over the 30 day EMA (C). The Bullish momentum seems to be dwindling however, as the 30-day EMA is attempting to cross back over the 9 day EMA. Unless the Bulls can increase the upward momentum, VET will start on a downward trend. NEO/USD NEO beat off a strong Bearish momentum to register a 3.03% increase in its price. The markets reacted quickly to the price surge, many investors making sell-offs which pushed the RSI (A) upwards. This signaled increased buying activity, perhaps out of fear of missing out on the boom. Increased buying activity saw NEO’s 24-hour volume reach $134 Million with its market capitalization at $513 Billion. The 9-day EMA(C) and the 30-day EMA (B) formed a reverse contracting triangular pattern – indicating a strong Bull Run. In the short term, the Bullish trend is likely to continue as signaled by all the indicators. Lisk/USD As was with NEO, Lisk beat off a strong Bearish trend yesterday to regain its previous price zone as seen in the above chart. This has been followed with a rise in Lisk’s Relative Strength Index (A) as a result of the confidence boost to investors. The 9-day moving average (B)skyrocketed sharply to cross over the 30 day EMA (C). the tables have however turned and all indicators point towards a slight bearish trend in the short term. The post Crypto Market Watch: VeChain (VET), NEO and Lisk (LSK) appeared first on ZyCrypto.
ZyCrypto

VeChain (VET) Daily Price Forecast – January 15

VET/USD Medium-term Trend: Ranging Supply levels: $0.0044, $0.0048, $0.0052 Demand levels: $0.0038, $0.0036, $0.0034 VET/USD market has entered other price range zones depicted between $0.0042 and $0.0038 marks about a couple of days until now. On January 10, the crypto-market witnessed a vibrant decline from around $0.005 high mark to eventually get a brief push southwards against $0.004 on the same day. Thereafter, the market weakly went on a ranging move mode around $0.0042 and $0.004 between January 10 and 13 early trading sessions. Presently, price still continues been trading under the sell signal line of the 50-day SMA indicator as the Bollinger Bands are located within the range zones. The Stochastic Oscillators crossed at range 80 to seemingly commence a consolidation move around it. Every trading indicator still has it that more downward price movements will possibly be experienced in this crypto-market as long as its 50-day SMA indicator remains unbroken northward. VET/USD Short-term Trend: Ranging Today, VET/USD market driving has been majorly featuring in a range mode around $0.0041 and $0.004 marks in the short-term run. The market witnessed a low point on January 13 at around $0.0038 price level but got a spike on January 14 to test the current upper range point. Since yesterday, the crypto has continually ranged around the said mark until now. The 50-day SMA is underneath the Bollinger Bands. The Stochastic Oscillators have closed hairs at around range 40 to seemingly continue its consolidation movement around it. The 50-day SMA’s trend-line may now have to serve as a yardstick to determine the continuation of present swing uptrend in the short-term trade if it is not fiercely broken downward.     The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
Bitcoin Exchange Guide

Analyzing the VeChain (VET) Partnerships: All Marketing Hype or Real Goals Coming to Life

How many partnerships by VeChain are legitimate and how many are just blowing smoke? According to DappLife.com’s article, a majority are just marketing fluff, something common in the business world, but they do have some powerful supporters. The Hype And The Reality Talk on Twitter of the International Air Transport Association announcing the possible shift towards requiring the use of RFID bag tags with technology from VeChain led to a speculative rumour that they may soon announce a partnership. Considering how little there is to go on, to give this more credit than twitter users having fun with speculation would be misguided. $VET Been a while since we had a juicy rumour..https://t.co/Wn4PoK7k0X … …$BTC $ETH $EOS $ADA $XRP $SHA $OCE #Crypto pic.twitter.com/cRa1JIsExD — WaZa (@wazapepe) January 3, 2019 There has been talking since last year of a partnership with Oxford University’s mathematical institute. This came about when a job posted by Oxford for a postgraduate student was seen to be sponsored by VeChain and working with mathematical proofs and models for VeChain. The Chief Scientist for Vechain (Peter Zhou) stated: “VeChain always seeks top academic partners. Oxford is no doubt the top of the top. My personal take is blockchain technology had been developed over the years among more and more computer genius and professionals, however, we see very few people from academies emerge into this space over the past few years.” Oxford students are working on the rebranding initiative but all intellectual property will continue to be under VeChain. Whether this can be construed as a partnership remains to be seen (many online arguments to this end can be found on the comments of Twitter). The speculation on partnerships is further fuelled by a translation of a Chinese tweet by twitter user Ben Yorke: New VeResearch partners…. Can't get much better than that pic.twitter.com/wCxVMM9Fy9 — Ben Yorke | vechain101.com (@BenYorke) January 2, 2019 But the truly mysterious announcer of speculation is infamous user Coca-Cola Kid (a twitter handle belonging to a person whose true identity remains unknown). Partnership announcements have often cryptically been preceded by hints tweeted out by the self-described “shillmaster”. The following is an example of how rumours began that VeChain was getting ready to announce a partnership with the People’s Bank of China (PBOC): Hey my wretched cavern-infestations. They found me, I had to make a run for it. Listen up.https://t.co/Y5mHaq0RoV$VET $BTC $ETH $XRP $IOTA $NEO $ICX#cocacolakid #cocawhispers #vechain pic.twitter.com/sxbTHyUS8R — The Coca Cola Kid (@CocaColaKid_OG) January 20, 2018 Although debate still exists over whether or not these posts are planned in conjunction with VeChain or (the favoured explanation) whether Cocoa-Cola Kid has access to a leak of information, it’s easy to see the positive effects “his” willing or unwilling participation in the announcements has had on VeChain as a marketing tool. However, the biggest indicator that this could be someone who is a leak or with access to a leak is the implication in that tweet that “he” was caught and the relative quietness from “him” since. Or is that just part of this elaborate ruse? If it wasn’t, VeChain may struggle with its online supporters in the future since they have been conditioned to speculate on possible announcements in this fashion.
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BAT Outperforms Bitcoin, XRP On New Brave Browser “Rewards” Feature

Brave Browser Announces BAT “Rewards” Feature On Tuesday, Brave Browser, a crypto-friendly internet application headed by the founder of Mozilla Firefox, Brendan Eich, made a surprising announcement, seemingly aiming to start of 2019 with a proverbial bang. Via a company release, conveyed through its in-house blog, the Brave and Basic Attention Token (BAT) team, which consists of Eich, coupled with an array of fintech, Silicon Valley, and crypto veterans, revealed that it would be previewing “opt-in ads in [the] desktop browser developer channel.” While this feature sounds nebulous, there’s more to this integration than meets the eye. In fact, as broken down in a PC Magazine feature article, this new advertising model will allow common Joes and Jills to earn crypto, in the form of BAT, and potentially other rewards in the feature. This new offering, dubbed Brave Rewards, will siphon 70% of earned ad revenue to users who agree to view advertisements. The remaining 30% will be paid to Brave’s war chest — a likely controversial play, but one necessary for the blockchain project’s long-term survival. Rewards will be available via Brave’s developer/test browser edition. It wasn’t exactly divulged when the innovative feature would hit the publics’ desktops, but the following GIF is how the feature will work: Looking outwards, the Brave team revealed that they expect opted-in users to earn upwards of $60 to $70 a year in the near future, with their preliminary projections predicting that $224 a year could be earned by 2020 through Brave’s in-house ecosystem. While this sounds great — an effective free $224/year for viewing ads — like all things too good to be true, there’s a catch. At the time of writing, Brave has announced support for BAT token withdrawal, as the company wants Rewards’ users to reward their favorite content creators, whether it be large new portals or Youtubers. After this feature goes live successfully, Brave intends to activate “publisher-integrated ads,” which will allow content creators to feature “private ads” on content creators’ pages through the startup’s systems. The company subsequently explained its Brave Ads offering and its applications/benefits from a top-down perspective, writing: With Brave Ads, we are reforming an online advertising system which has become invasive and unusable. Users have turned to ad blockers to reclaim their privacy from ads that track them and sometimes even infect them, and publishers are finding it increasingly difficult to earn ad revenue to sustain quality content with intermediaries that collect huge fees. It is important to reiterate that at this time, this newfangled feature is technically in its beta phase. Due to this positive news, the popular altcoin, which recently gained the support of industry powerhouse Coinbase, has posted a respectable price gain. At the time of writing, BAT is currently valued at $0.125 apiece, posting a 3% in the past 24 hours. The crypto, currently the 36th in this market’s standings, is currently outperforming Bitcoin (BTC) by 2.7%, and Ethereum (ETH) by 2.4%. Crypto Lulls: Bitcoin, Ethereum, XRP Post Barely Any Movement In the same vein of cryptocurrency prices, the broader market has posted close-to-zero movement in the past 24 hours. Per data from Coin Price Watch, BTC has found itself at $3,645 — a mere 0.58% gain over the past day. Other leading crypto assets have also posted slight gains, but have still underperformed BAT. XRP, the go-to asset for fintech upstart Ripple, is up 1.27%, as it sits just shy of the $0.33 price level at $0.3296. ETH, which recently tumbled due to the delayed Constantinople fork, has found itself up by 2%, regaining a portion of the losses incurred yesterday. While the market is trending slightly positive, some analysts expect that BTC is ready to dive. Speaking to MarketWatch, Jani Ziedens of Cracked Market claimed that BTC, if truly oversold, should be posting monumental gains right now, rather than finding itself in an extended lull. So, Ziedens added that this “lethargic base” indicates that demand is limited, “incredibly weak” even, and as such, lower crypto bottoms may be inbound. BAT Title Image Courtesy of Descryptive.com via Flickr The post BAT Outperforms Bitcoin, XRP On New Brave Browser “Rewards” Feature appeared first on Ethereum World News.
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Cryptopia Hacker Moves Stolen Crypto to Binance; Community Alerts CZ and Funds Are Frozen

It is clear that hackers gave themselves a place to stay in the cryptocurrency industry, which was only made more evident by a recent security breach that happened over the last few days. Cryptopia, a leading exchange in New Zealand, announced a breach that ended in a major theft on January 14th. However, unlike the unfortunate tale that many other exchanges succumb to, that is not the end of the story. The official statement notes that Cryptopia has placed itself into a maintenance mode, helping them to protect their accounts until the regulatory authorities of New Zealand provide other details. Both the High Tech Crimes Unit and the local police are pursuing investigative efforts, though they have commented that “a significant value of cryptocurrency may be involved.” At this point, the actual amount has not been released, and no substantial details have been provided. Still, that has not stopped local news portal Radionz from reporting that the loss is close to $3.6 million. A Twitter user, ShaftedTangu, seems to know where these digital assets are going. On the posts, the user said, Hey @cz_binance Binance has stolen tokens from Topia hitting it sir. Can you lock it down? https://t.co/0XllsBejUV — I Dream Of Alts (@ShaftedTangu) January 16, 2019 Through a string of additional tweets, the user continued to track the funds, as he mentioned wallet address 0x9007a0421145b06a0345d55a8c0f0327f62a2224. In another tweet, he claimed, “Currently the 0x900 wallet contains around $10 mil USD of tokens, large amounts are $PRL $2mil, $CENNZ $1.168 mil, $Denacoin $2.73 mil, $MSP $0.99 mil” Luckily, just under four hours after the original tweet, CZ Binance replied. The reply said, Just checked, we were able to freeze some of the funds. I don't understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It's a high risk maneuver for them. https://t.co/i0PeahLzic — CZ Binance (@cz_binance) January 16, 2019 With such a nonchalant type of reply, it is quite a victory for Cryptopia and Binance that the funds could be frozen at all. However, the victory has not been won yet, considering there is no indication of exactly who performed the hack in the first place. Cryptopia has remained silent, though they posted to their own Twitter profile, saying, “We cannot comment as this matter is now in the hands of the appropriate authorities. We will update you as soon as we can.” As a result of these issues, Zhao posted that users should keep their holdings on exchanges, rather than a hardware wallet. However, his post caused an onslaught of negative replies, with some saying that his post implied that self-storage is substantially riskier than storing on a seemingly “reputable” exchange. Zhao later retracted, saying that he was not advising investors to store funds on exchanges. In the first half of 2018 last year, there was over $731 million lost in thefts involving exchange hacks. However, none have reached the severity experienced by the 2014 Mt. Gox hack.
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Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack

Some of the stolen cryptocurrency from yesterday’s Cryptopia hack has been sent to Binance, which has confirmed already freezing some of the funds.  Binance Freezing Funds Stolen from Cryptopia Twitter account @ShaftedTangu has alleged that some funds stolen as a result of Cryptopia’s hack have been siphoned through Binance. The amounts sent to Binance in question include roughly $7,500 in Metal (MTL) 00, $6,750 in KyberNetwork coin (KNC) 00, $7,181 OmiseGO tokens (OMG) 00, and $8,724 in EnjinCoin (ENJ) 00. All of it totals around $30,000. Changpeng Zhao, CEO at Binance – the world’s largest cryptocurrency exchange by means of traded volumes, has confirmed the allegations, reassuring that they’ve already frozen some of the funds. Zhao commented: Just checked, we were able to freeze some of the funds. I don’t understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It’s a high-risk maneuver for them. Just checked, we were able to freeze some of the funds. I don't understand why the hackers keep sending to Binance. Social media will be pretty fast to report it, and we will freeze it. It's a high risk maneuver for them. https://t.co/i0PeahLzic — CZ Binance (@cz_binance) January 16, 2019 Bitcoinist reported yesterday that Cryptopia’s security has been breached, resulting in ‘significant losses’. Police in New Zealand also confirmed. Binance Caught in the Fire Zhao’s tweet caused a reaction in crypto Twitter’s community as one user (@Crypto_Bitlord) expressed his bewilderment that Zhao referred to “social media” as a means of reporting rather than Binance’s own surveillance systems. I’m genuinely shocked stolen funds from @Cryptopia_NZ have easily passed through @binance UNDETECTED until social media flagged them. This raises some big questions. How is that possible with modern blockchain analysis? — Sir Bitlord (@Crypto_Bitlord) January 16, 2019 On the matter, Binance’s CEO said: It’s quite easy to generate a brand new address. We (and no one) recognize every transaction out there. We already have very in-depth and detailed blockchain analysis. Yet, the question remains – if a regular Twitter user has been able to detect the transaction in question, how, and more importantly – why did Binance miss it? Perhaps the better question, as posed by @Crypto_Bitlord is: So you are saying criminals can steal funds and just create a brand new address to send to before binance? In the meantime, Binance announced today the launch of their Binance Jersey fiat exchange. The platform is aimed at traders from Europe and it offers BTC/GBP, ETH/GBP, BTC/EUR, and ETH/EUR trading pairs. What do you think of Binance missing the transactions in question? Don’t hesitate to let us know in the comments below! Images courtesy of Shutterstock The post Binance Freezes ‘Some of the Funds’ Stolen in Cryptopia Hack appeared first on Bitcoinist.com.
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