Day: December 11, 2018

Binance’s Bitcoin (BTC) Trading Share Falters In Crypto Bear Market

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Binance’s Bitcoin (BTC) Trading Dominance Dives Another week, another crypto-centric analytics report from Diar, a leading research unit in the nascent cryptocurrency ecosystem. In the startup’s most recent installment, released on Monday, Diar drew attention to the ever-changing role that Bitcoin (BTC) and that exchanges that support it have played in the cryptocurrency market at large. Interestingly, per data compiled by Diar, sourced from this industry’s foremost exchanges, Binance’s nearly-unquestioned hegemony over crypto may be at risk. We’ve published our latest issue for your read:• @coinbase Gearing Up for Paradex Bulletin Board…

Ethereum Price Analysis: ETH Near Make-or-Break Levels

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Key Highlights ETH price declined recently and traded below the $92 support level against the US Dollar. Yesterday’s highlighted key contracting triangle is intact with current support at $88 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to break the triangle and decline further towards the $85 or $80 levels. Ethereum price failed to recover against the US Dollar and bitcoin. ETH/USD is likely to decline once again if there is an hourly close below $88 and $85. Ethereum Price Analysis After failing to…

Changpeng Zhao Likens Binance Chain To Ethereum, BNB To ETH

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Binance Chief Speaks On DEX — BNB Like Ethereum (ETH)  As reported by Ethereum World News last week, Changpeng Zhao, CEO of the world-renowned crypto startup that is Binance, recently sneak peaked its most promising venture yet, the so-called “Binance Chain” and the decentralized exchange (DEX) that will be based upon it. Through the medium of a short video, an unnamed member of the project’s vast team outlined the latest edition of the DEX demo, which sports a graphical user interface (GUI) that is reminiscent of the startup’s world-renowned centralized…

Analyst: Crypto Bear Market May Get Worse, Bitcoin (BTC) Fundamentally Unsupported

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Crypto Market Slows After Imbroglio Although selling pressure eased off crypto markets over the weekend, Bitcoin (BTC) and altcoins are still in the midst of stormy seas. BTC has found itself stagnant at $3,375, seemingly caught in an inflection point between a short-term bounce and lower lows. As this market’s leading asset has slowed, so has the market capitalization of all cryptocurrencies in circulating. This pertinent figure has moved to $111 billion, just three billion down from Ethereum World News’ Friday update. Interestingly, trading has dried up in recent days, with…

Decentralized Browser Brave Becomes Default on HTC Blockchain Smartphone

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Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10. Founded in 1997, HTC is a Taiwanese consumer electronics manufacturer, which was the leading smartphone vendor in the U.S. at the end of 2010, according to TechCrunch. The company’s market share began decreasing, when it trailed Apple, Samsung, and LG with a roughly six percent market share in the U.S. in 2014. In 2017, HTC held 2.3 percent of the smartphones market share, while in 2018 it…

UNICEF Invests in 6 Blockchain Startups with Humanitarian Venture Fund

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Months after publishing a “blockchain call” to startups that could benefit humanity, the United Nations International Children’s Emergency Fund (UNICEF) has invested in six blockchain startups. In January 2018, UNICEF called for early-stage technology startups that were registered in one of UNICEF’s programme countries. It received over 100 applications from 50 different countries. The organization already has 20 other technology companies in its Innovation Fund, from “data science and machine learning, to virtual reality, to drones.” The new investments, says the UNICEF release, form part of a wider blockchain strategy…

South Korean National Assembly Holds Regulation Debate With Local Crypto Exchanges

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South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial Leaders, the topics of the debate were proposed by seven crypto exchanges — Bithumb, CobitCoin, Coinone, Upbit, Gopax, Coinplug and Hanbitco. The debate was attended both by crypto entrepreneurs and politicians, such as Democratic Party member Kim Byung-wook and representatives for the Liberty Korea and Bareunmirae parties, both with a significant number of seats in the…

In Bear Market, Korea’s Biggest Crypto Project ICON Showed Solid Progress

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A goodbye note from Deblock’s now-former Head of Research revealed the progress of their ICON blockchain project in all these months. And they looked extremely positive. As he left the company to pursue his startup, Markus Jun noted ICON as one of the very few blockchain projects that showed significant accomplishments despite staying inside a bleeding crypto market. “My time at Deblock and ICON coincided with one of the worst downturns in the cryptocurrency market. In spite of this, I can say that the ICON team has made incredible progress,”…