Month: September 2018

Launching a Website on the Bitcoin Cash Network Is Now a Reality

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On September 29, Bitcoin Cash enthusiast Donald Mulders wrote an interesting post on the social media network Yours.org. The post detailed that he was attempting to host a website on the Bitcoin Cash (BCH) chain using the Bitdb 2.0 application. Following the write-up, and with a little help from the BCH developer Unwriter and a tool called Cryptograffitiweb, Mulders’ on-chain hosted website ‘Bitcoin Cash Hoarder’ can now be seen on any browser. Also read: Markets Update: Digital Asset Consolidation and Accumulation Continues Hosting a Simple HTML Website on Bitcoin Cash Donald…

Ripple Overtakes Ethereum Again With 7% Surge, Market Recovering

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Over the past 24 hours, Ripple (XRP) has overtaken Ethereum once again with a 7 percent surge in price, achieving a market valuation of $24.28 billion. The market cap of Ethereum remains slightly below that of Ripple at $24.15 billion and based on the weak volume of XRP, it is likely that Ethereum will regain its position as the second most valuable cryptocurrency in the short-term. Ripple has taken over Ethereum on three occassions in 2018, all of which occured in the second half of September. Subsequent to recording a…

Bitcoin and Blockchain used as bio bacteria

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Bitcoin around the world and predictions Traders of bitcoin are sometimes hesitant towards Bitcoins price prediction and technical analyses. This is because bitcoin has gone through, a lot of proven volatility. There are not a lot of crypto enthusiasts venture in circulation to be able to measure the Bitcoin price forecast movement. In the Blockchain industry there are experiences together with the knowledge of the markets and statistics. According to the data, Bitcoin can be used similarly to how a logarithmic parable pattern in Bio-science operates. People like Goorha thinks that Bitcoin resembles the reproductive patterns that…

Sierra Leone, United Nations to Develop Blockchain Digital ID System

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Two of the United Nation’s wings are joining hands with Sierra Leone government to build a blockchain-based ID system for their seven million people. The UN Capital Development Fund (UNDCF) and the UN Development Programme (UNDP) have entered into a partnership with  Kiva, a technology nonprofit. Kiva will lend its institutional protocol of the same name to implement the “Credit Bureau Of The Future.” It would allow Sierra Leone citizens to have complete and secure ownership of their identities, similar to blockchain assets in a decentralized network like that of…

No Regulation Leads Crypto Exchanges to Shut Down in India, Investors Frustrated

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Blockchain technology continues to thrive in India. In contrast, the stance toward cryptocurrencies remains negative and unfriendly. So much so that major crypto exchanges like Zebpay were forced to shut down. Cryptocurrency Exchanges in India Forced to Close Shop The situation regarding crypto in India continues to deteriorate. A lack of proper regulations, as well as a generally negative stance toward blockchain technology has led to cryptocurrency exchanges being forced to terminate their services. Due to the Central Bank of India’s diktat, other banks of the country are not allowed…

This Meme Marketplace Uses Dummy Tokens to Draw Users in a Bear Market

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Memes are a pretty important part of the crypto ecosystem – how else would crypto visionaries display their wit and sometimes passive aggressivity? It’s no wonder then that District0x’s Meme Factory is seeing quite the buzz. Not only did District0x raise $9 million in an initial coin offering last year, backed by Boost VC and CoinFund, to name a few, but holders of the ERC-20-based native token, DNT, are already making decisions about the project’s future. And that’s perhaps surprising since the application isn’t exactly live yet. Instead, holders of DNT…

Crypto Week In Review: Ethereum Futures to Debut, Coinbase to Add New Tokens

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In spite of the mixed market conditions, innovators with the cryptocurrency industry pushed forward, releasing new products and services that are likely to alter how this space operates and performs. LedgerX To Add Ethereum Derivatives Vehicle Insider sources from the New York-based LedgerX have revealed that the crypto startup intends to offer Ethereum derivatives in the near future, reports TheBlock in an exclusive. For those who are unaware, LedgerX is a cryptocurrency investment platform that currently offers mostly Bitcoin-focused products and solutions, like its ever so popular BTC options vehicle,…

Interview: Central Banker Eugene Etsebeth Joins Crypto Exchange iCE3X

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Interview: Central Banker Eugene Etsebeth Joins Crypto Exchange iCE3X September 30, 2018 by Jon Southurst The words “central banker” and “cryptocurrency” usually only come together in the investment and regulatory warnings these institutions issue from time to time. But like in the recording industry of the early 2000s, there are individuals holding senior positions who can see the future, and foresee the longer-term impact of new technology. One such person is Eugene Etsebeth, former technology lead for virtual currency and distributed ledger technologies at the South African Reserve Bank (SARB),…

Bitcoin Price Weekly Analysis: BTC/USD Remains in Uptrend Above $6,400

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Key Points Bitcoin price failed to break the $6,800 resistance recently and declined against the US Dollar. There is a major bullish trend line in place with support at $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $6,400 and $6,380 support levels to remain in a positive zone. Bitcoin price is holding key supports against the US Dollar. BTC/USD could move higher once again as long as it is above the $6,400 support. Bitcoin Price Analysis This past week,…

Ethereum Price Weekly Analysis: ETH/USD Consolidating Above $225

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Key Highlights ETH price made a nice upside move and traded above the $225 level against the US Dollar. There was a break above a major contracting triangle with resistance at $228 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is currently consolidating in a range above the $225 and $228 support levels. Ethereum price is holding gains versus the US Dollar and Bitcoin. ETH/USD could trade further higher as long as it is above the $225 support. Ethereum Price Analysis This past week, there was…