Month: January 2018

The messaging service wants to launch its own blockchain platform and cryptocurrency and take more than $ 1 billion on the initial coin offering. Telegram could earn around $ 1.2 billion on its upcoming initial coin offering, reports TechCrunch, who saw in the ICO white paper. Accordingly, the company known for its messaging service of the same name plans its own blockchain platform, the Telegram Open Network (TON), with its own cryptocurrency. According to TechCrunch, an invitation-only pre-sale, scheduled from Read more …

As CNBC Africa’s CryptoTrader host and producer Ran Neuner noted, bitcoin declined by 30 percent on five different occasions in 2017. This month’s 20 percent correction in bitcoin is tolerable, given the major corrections it had experienced in the past 12 months. Major Correction Other major cryptocurrencies such as Ethereum and Bitcoin Cash also recorded corrections in the 50 percent range last year, with the price of Ether, the native cryptocurrency of Ethereum, dropping from $360 to $130. Since then, Ether Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. South Korea’s national defense ministry has begun blocking access to online cryptocurrency trading platforms in military bases. As Korean financial officials ponder a wider clampdown on domestic cryptocurrency trading markets, the country’s military is already weighing up and enforcing its own measures to keep soldiers from trading cryptocurrencies like bitcoin, the Korea Times reports. Since Monday, the Ministry of National Defense has been busy putting up firewalls Read more …

Roger Boodoo, MD, is a radiologist and clinical informatics fellow actively seeking opportunities where blockchain technology might be applied to challenges in healthcare. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Let’s start with the problematic scenario. A medical researcher stands behind the podium at a prestigious healthcare conference and proclaims that the “Kill Cancer Blockchain” will revolutionize the clinical trials process. The audience erupts with enthusiasm and begins to believe in this new “blockchain” concept. Most Read more …

Crowdfunding ICOs are like weddings: months of planning comes to one big day. If the event goes off without a hitch, it will bring in a lot of money. But with the world watching, the stakes are high. One slip and you risk losing it all: the bouquet, the immaculate wedding dress, and the $20 million in ether you’d been promised. Planning an ICO is hard work. Ruining one is surprisingly easy, as a number of recent Read more …

The Abyss is a next generation digital distribution platform with the vision to create a crypto reward ecosystem for millions of gamers and developers The Abyss, the next generation digital distribution game platform, today announced the intent to launch a pioneering DAICO, a reinforced version of ICO merged with aspects of Decentralized Autonomous Organisation (DAO). The DAICO fundraising model was proposed by Vitalik Buterin, co-founder of Ethereum, earlier this month as a more responsible way to conduct initial coin offerings. Read more …

Key Points Bitcoin gold price declined further and it failed to stay above the $200 level against the US Dollar. There is a short-term connecting bearish trend line forming with resistance at $185 on the hourly chart of BTG/USD (data feed from Bitfinex). The pair is currently holding $150, but it is struggling to stay above the mentioned support. Bitcoin gold price broke a major support area at $150 against the US Dollar. BTG/USD could correct higher, but upsides remain Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency market has continued to slump over the past 24 hours, as major cryptocurrencies including Ripple, Ethereum, and Bitcoin Cash recorded over 20 percent in daily losses. Since January 15, the market valuation of cryptocurrencies declined from $700 billion to $500 billion within a 48-hour span. In the past few hours, the cryptocurrency market demonstrated some signs of recovery, as the market cap of all cryptocurrencies Read more …

All cryptocurrencies have taken a battering during the Asian trading session today as a huge selloff has commenced. Fears have escalated over further clampdowns in China and possible restriction in South Korea. The markets have fallen over 36% in the past week and total market capacity at the time of writing was just over $500 billion, down from $830 billion two weeks ago. Reports have emerged of another crackdown in China, this time on domestic crypto traders and their methods Read more …

15 January 2018 – In line with Metaverse’s aim of expanding its global presence and increasing community engagement, we’re pleased to announce the launch of the Metaverse Ambassador Program: a comprehensive plan to support a community of driven blockchain enthusiasts and elevate their reach. Metaverse aims to revolutionize the way financial services and transactions are processed, and confidence is growing among financial institutions that blockchain technologies will ultimately transform how services are conducted, operated and delivered. As an extension of Read more …

Key Highlights Ripple price made a sharp downside move and broke the $1.00 support against the US dollar. There is a crucial bearish trend line forming with resistance at $1.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently struggling to hold the $1.00 level and it may decline back towards $0.8500. Ripple price is struggling a lot against the US Dollar and Bitcoin. XRP/USD might decline further and it could retest the Read more …