Day: June 30, 2018

DeadCoins Brings Attention to 800 Lifeless Cryptos

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Initial coin offerings (ICOs) were the talk of the town last year, drawing the eyes and ears of worldwide investors. However, DeadCoins has reported that over 800 cryptocurrencies now lay lifeless, with many of these projects enlisting business practices reminiscent of scams.  ‘DeadCoins’ Says Over 800 Cryptocurrencies Now Lay Lifeless DeadCoins, a collection of cryptocurrency ‘eulogies’, now has a list of over 800 cryptocurrencies that lack a promising outlook. Although this may be poking fun at these 800 projects, the issue still remains. That is, the growing issue with questionable…

Delays Be Damned: Tezos Blockchain Tech Enters Beta Testing

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After months of painful wrangling, the Tezos network is up and running – more or less. The Tezos Foundation announced on Saturday that the blockchain’s “betanet is live.” As the group explained prior to the launch, this means that a fully functional version of the network is available, but still “experimental” in nature, with downtime and even emergency hard forks of the network possible. The foundation’s plan is for transactions that occur on the betanet to remain valid on the mainnet – the final version of the network, expected in Q3 –…

Crypto Market Suddenly Adds $26 Billion Overnight, Bitcoin and Ether Surge 11%

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The crypto market has added more than $26 billion in the past 24 hours, as major assets including bitcoin, Ethereum, and Bitcoin Cash rose by more than 10 percent. Bitcoin, Ethereum, and Bitcoin Cash are Today’s Big Gainers Major digital assets recorded large gains on June 30, as the volume of the crypto market suddenly surged by several billions dollars. With bitcoin and Ether, the native cryptocurrency of the Ethereum blockchain protocol, leading the market with solid 11 percent gains, other large digital assets such as EOS, Stellar, Cardano, IOTA,…

VeChain Arrives: What to Know About the $1.5 Billion Blockchain for Business

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Yet another top-20 cryptocurrency has officially released live software. As of 0:00 UTC Saturday, the first block on the VeChain blockchain, whose token supply is valued at $1.46 billion at writing, has been mined, marking a milestone for a project that aims to be among the first to convince enterprise businesses to adopt code tied to a crypto asset traded on a public market. Seeking to address obstacles with public blockchains like ethereum and bitcoin (namely alleged governance inefficiencies, economic model issues and application design difficulties), the project also hopes to eclipse…

Litecoin (LTC) Technical Analysis

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While fundamentals are supportive of Litecoin, the mere fact that Bitcoin is on a slide, adding on to their losses means there is more room for LTC downsides. The effect is can’t be clearer, so far it’s down six percent in the last 24 hours and likely to break below $70, our first bear target. For buyers to take charge, then we need to see bulls pushing prices above $110. From the News Line, a messaging platform and WhatsApp competitor is now setting its eyes on cryptocurrency. It’s not a…