The open-source developers behind bitcoin cash appear to be sticking to their word. Following a pledge in August to change the code as necessary to stay competitive, the developers behind the alternative bitcoin software took a step toward following through this week. In a post yesterday, developers behind one of the bitcoin cash clients revealed they will seek to change the software’s rules via a hard fork on November 1. To be activated on November 13, the new software will seek to Read more …
Smart contract creation platform Confideal announced today that they have entered into a cooperation agreement with district0x, the network of decentralized marketplaces and communities. [Note: This is a press release.] district0x’s cooperation with Confideal will provide uncompromised benefits for both companies. district0x’s experience in creating “districts” as marketplaces that are operated by a lot of smart contracts is priceless, and Confideal will get a lot of experience and recognition by taking part in the creation of the smart contracts for Read more …
Economics The Iranian government has been conducting research into the economic and infrastructural aspects of preparing for bitcoin use in its country. According to the ministry of information technology, “arrangements are being made” to put together the infrastructure for the digital currency “as early as possible.” Also read: Russia Picks Pilot City to Launch Two Cryptocurrency Agencies Iran Preparing Infrastructure for Bitcoin Use Iran’s Deputy Minister of Information and Communication Technology, Amir Hossein Davaee, reportedly said in an interview Read more …
DASH/USD DASH continues to be very choppy, as we find the $300 level to be resistance. On the 4-hour chart, it’s clear that the last couple of weeks have seen sellers in that region, but the most recent low was a bit higher than the previous one, gaining about $10. Because of this, I believe that the momentum is shifting to the upside again, and that it’s only a matter of time before DASH breaks out. Move above the $305 Read more …
BTC/USD Bitcoin continues to rally against the US dollar, in a somewhat muted fashion on Monday. The $6200 level has offered a bit of resistance, but I do think that eventually we break out. A pullback may be necessary, but quite frankly, there is a strong uptrend line on the 4-hour chart that continues to support the market. $6000 should be supportive as well, this is ultimately a “buy on the dips” move. BTC/JPY Bitcoin also rallied a bit against Read more …
Key Highlights ETH price after a minor correction found support at $302 against the US Dollar. Yesterday’s highlighted short-term bullish trend line with current support at $304 is still intact on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to move higher and it could even break the last swing high at $309. Ethereum price is once again gaining bids against the US Dollar and Bitcoin. ETH/USD might soon attempt an upside break above $309. Read more …
The Norwegian mining company Intex Resources ASA has announced its plan to launch the first ICO for an asset-backed token. Companies are Turning to ICOs for Fundraising Initial Coin Offerings have become the new popular method for companies and startups to raise money. This year most prominent ICO was conducted by the Canadian-based messaging app Kik. The token sale by Kik, which is also called Kin, was able to raise the amount of $125 million in a matter of days. The Kin ICO Read more …
From $72 million to $28 billion – ethereum’s value has skyrocketed in 2017. Once dismissed as just another cryptocurrency, the protocol has won praise for its persistence in charting an innovative course in technology development. Indeed, for many investors, the conversation is now bitcoin and ether first, a sign it’s set itself apart from the broader asset class. That said, roadblocks remain between ethereum and its goal of fulfilling its value proposition and becoming a “world computer.” It’s against that background Read more …
The future of gaming is decentralization. A dedicated peer-to-peer network system that supports real-time video streaming, chat, and other P2P features, such as distributed encrypted storage optimized for gaming. A system that has been designed with powerful, smart contract-based features to allow game publishers and server operators to provide gamers with the highest possible gaming experience. [Note: This is a press release.] This future is Xenio. Xenio is a decentralized, open-source gaming network with its own distribution platform and game-optimized Read more …
Cryptocurrency payment solution UTRUST is a relatively new application of blockchain technology and cryptocurrencies that are being developed independently by a few companies around the world. The main focus is the same: to develop a credible payment solution that accepts all popular cryptocurrencies and incorporate some level of buyer protection mechanism in the system. UTRUST was the first company to come up with a practical working model of such a buyer protection with the guarantee being made in fiat currency Read more …
Bitcoin Price Key Highlights Bitcoin price has paused from yet another sharp rally, indicating that a pullback opportunity is presenting itself. Applying the Fibonacci retracement tool on the latest swing low and high shows that the 61.8% level lines up with an area of interest. Technical indicators are showing mixed signals as to whether the rally can continue or not. Bitcoin price could be due for a correction to the nearby area of interest around $5900 before heading further north. Read more …
The freelancing industry is worth an estimated $3.2 billion USD and is projected to grow at an annual rate of $10 billion USD in the next six years. Demographics are one of the key reasons that have seen the freelance market grow by leaps and bounds over recent years. Multiple websites have been established, linking clients with potential freelancers and facilitating payments for the work done. [Note: This is a press release.] However, despite the plethora of options, there remain Read more …