Catch the Next Big Thing Before its Gone – Vechain, Nebulas and ICON

Having experienced and seen the potential of coins from the first row as the values dipped and now are recovering speedy makes one wonder – what could be the next rocketing coin to catch before the train rides away. Many well respected figures and analysts are recommending this time of the year to diversify your portfolio or add even more coins on it as usually the lowest prices are mid Jan – early Feb.

VeChain (VEN)

Similar to other services and technologies in the crypto-network and market we are surrounded from, VeChain targets to create a trust-free distributed business ecosystem. As per the moment, It is holding up three products on its network that concentrate on very different markets. Lioaning Academy of Agricultural Sciences has found use of VeChain in the distributed data storage section. For third-party-services, PricewaterhouseCooper currently uses the second product of VeChain products.

The digital currency did make its debut in 2015 that was followed up with the launches of the above mentioned products that make it very attractive as its a rare catch to find a crypto that is delivering services.

VeChain is about to go through a huge rebranding and will be called VeChain Thor Blockchain with its VEN tokens, going to be converted to VET tokens. The team will also roll out a proof-of-authority consensus model to make sure its future developments are completely aligned with the vision of the VeChain foundation.

As of this moment, VEN is being traded at $8.11 a coin, up 36.54% in the last 24 hours.

ICON (ICX)

Another great gainer on Jan 21 [26.30% in the last 24-hours per time of writing] is ICON sitting on the 15th place by market capitalization. The ICON team claims they will be able to build one of the largest networks of this type, as they aim to “hyperconnect the world”. It will take a lot of work to come even close to realizing that vision in a reasonable time frame, however.

Until now, the project has pinpointed down the groups and communities that found liking in the technology. Them being banks, insurance providers, hospitals, universities and other entities that are attracted by the idea of a global decentralized network. The team behind ICON for the moment is concentrating more on the Blockchain ID being one of the main decentralized applications (dApps) despite that there is much to do.

The use cases for the technology provided by ICON should not be underestimated either. Its Blockchain ID project, for example, is entirely based on smart contracts. It could potentially become a global way of authenticating and verifying one’s identity on the internet.

The problems that are targeted by the team and applications that are on the process of being made do target people’s everyday lives. Having real-world applications made will be helping in the subject of entering everyday life’s as solutions clearly, but how excited and welcoming will people be is another matter and time will tell.

Nebalus (NAS)

Hitters XU [ex-Google employee] back in Jun 2017 has found Nebulas. The cryptocurrency targets to point out the challenges which the blockchain ecosystem and community is facing like self-evolving capability, measure of value and a healthy network development. Its team has created a framework to address the issues including Nebulas Rank (NR), Nebulas Force (NF), Developer Incentive Protocol (DIP, and Proof of Devotion (PoD).

nebulas prediction

Source: coinmarketcap

In mid-December 2017, the project held its ICO raising up to $60 million US Dollar. The search engine test net for decentralized applications has been already launched in 2017, and its expected to release the main net Q1 2018.

As the ramp up to the main net being put online, the coin is gaining some major speed. Currently, the nebulas team holds offices all around the world including San Francisco, Beijing, Suzhou, Singapore, and Shanghai.

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IOTA Foundation to Add CDO of VolksWagen

iota investing

Johann Jungwirth – Volkswagen CDO will be part of the supervisory board of IOTA-Foundation. One of the most popular German News-related Magazines – Der Spiegel did make the recruitment public known in an article.

Johann Jungwirth, has been Head of Digitalization Strategy of Volkswagen AG since November 1, 2015. Jungwirth was named Director, Mac Systems Engineering at Apple in Cupertino, CA (USA), in 2014. He was responsible for innovation in design and engineering in product development as well as hiring, growing and leading a multicultural research & development team and supporting the Special Projects Group.

Did act as Chief Executive Officer and Mercedes-Benz Research and Development North America for leading the Development Center in Sunnyvale – CA. From 2008 to 2014, Jungwirth was also Vice-President Infotainment and Telematics responsible for all research, engineering and product development for infotainment and connected car solutions.

As mentioned in a previous article, IOTA was joined by the giant – The Robert Bosch Venture Capital putting down a major investment and believe in the technology behind IOTA. With the step, RBVC is hoping to hoist the maturity of the distributed ledger technology higher up and branch it wider on the global-Bosch Ecosystem.

“We have been working with the IOTA team for more than one year. I’m very excited about IOTA’s innovative tangle technology, which could potentially become the standard underlying technology for  trustless machine to machine communication, security and payment in the IoT space,” said Dr. Hongquan Jiang. “There will be much synergy between Bosch and the IOTA Foundation, and I’m looking forward to seeing more industrial adoptions of this technology in the near future.”

More and more well-known figures and big players are entering the IOTA scene to back the coin and its tech up. The digital currency is definitely cementing its place being one of the leaders by market capitalization.

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VeChain Recommended – A Choice To Step In Before Rockets!

VeChain investing now

The next big thing could be just around the corner. VeChain [VEN] is the 23rd largest cryptocurrency by market capitalization after passing by 6 coins in just a day  with a price increase of almost 600% in the last month. If this is the first time reading or hearing about it – VeChain is a digital currency that is surging its way upwards on the market cap list proportionally gaining in price [just in the last 24-hours 5 percent].

vechain price analysis

Source: coinmarketcap

First thing first, the coin launched two-three years ago in 2015 being part of a product that does have actual users right now. In the community and ecosystem we enthusiast about maybe everyday that is rare to meet.

The firm backing up the digital currency is a BaaS company [Blockchain-as-a-Service] targeting on developing towards the IoT [Internet of Things]. Might sound similar to IOTA [MIOTA], however unlike the later one – VeChain is on the authenticity within supply chains terms.

The idea is that, by using blockchain technology, the authenticity of goods that are purchased can be verified. It’s a system that aims to ensure product quality, but in a decentralized, global network that cuts across industries. Using smart chips, products are tracked throughout their lifecycles.

The chips can also help with quality control, like with agricultural or food product where a change in temperature could affect the goods.

As explained above, being a functioning product makes VeChain a good choice to go for investing and diversifying your wallet. It is being used by giants that makes our take on the coin even more stable.

Even if you ignore the price rally over the past month, the deals and development that the company backing up the coin has hit make it even more convincing.

Renault is a good example. The automotive giant is using VeChain (VEN) for its automotive supply chain. The biggest luxury wine importer in China, Direct Imported Goods, is also putting its products on this blockchain. On top of that, they partnered with PwC back in May 2017 to work together on ramping up blockchain use in South East Asia.

But a big confidence and positive energy hoisting factor for VeChain enthusiasts would be the endorsement from a powerful investor. The CEO of Breyer Capital – Jim Breyer, did add out that VeChain tokens are in his portfolio laying.

Being a Chairman of the Advisory Board of Tsinghua University School of Economics and Management which include even Jack Ma and Tim Cook, makes one understand that Breyer does know the Chinese market and what should be stepped in.

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TRON TRX Connection to be Complete in February: Peiwo APP Announces

tron cryptocurrency

Union Member of TRON – Peiwo APP has just declared the schedule and plans for the TRX Token. The whole process will be finished out in February 16, starting with the preliminary work being finished. During the final part – TRON will be landing the first online entertainment scenario being supported by over 10 mil fresh users of the peiwo APP while delivering authentic entertainment experience to the young generation.

The expected time for Peiwo APP’s connection to TRX:

tron future

Peiwo APP is the largest audio content community in China, even in the world with over 10 million global registered users and more than one million monthly active users. The users of Peiwo APP mainly are in the age between 16 and 25, distributed in China’s first-tier cities in Beijing, Shanghai, Guangzhou and Shenzhen as well as in North America, Western Europe, Japan, Korea, Australia and other places all over the world.

Justin Sun – Founder of TRON and Peiwo APP added:

“The completion of Peiwo APP’s connection to TRX will be a demonstrative display and a good opportunity to verify the value brought by block chain technology. With more than 10 million young Peiwo APP users joining the network of TRON, more individuals, enterprises and platforms may want to join us. This will result in a bigger and stronger network and promote the vigorous development of the block-chain-based online entertainment.”

Via distributed storage technology and blockchain tech, TRON [blockchain-based decentralized protocol] wants to create an free entertainment system on a global scale. It gives the opportunity to own and store data freely, publish – while in the decentralized form – decides the subscription, the distribution and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

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Show Yourself by Participating in New Bounty Campaign by SegWit2X: Prize Fund is $120K

Show Yourself by Participating in New Bounty Campaign by SegWit2X Prize Fund is $120K

Dear supporters and followers of SegWit2X and B2X coin, we have amazing news for you. SegWit2X team is launching a number of bounty campaigns, which give Blockchain developers the opportunity to show how skillful they are and reward the best projects, ideas, solutions with big bucks.

We deeply believe in technologies and people acing them. The whole purpose of the SegWit2X Bitcoin fork is to develop the Blockchain technology in general. We are looking forward to meet outstanding Blockchain enthusiasts for further joint cooperation.

The 3 campaigns we are planning to run are the following:

  1. B2X App Contest (the total prize fund is 70.000 USD in B2X)

The goal of the bounty campaign is to motivate developers to create apps supporting B2X. This could be any kind of app representing various industries operating in B2C sector. The duration of the campaign is 3 months, the expected amount of winners varies from 1 to 5 and the total prize fund is $70.000. Your apps could be supporting any cryptocurrencies but the B2X implementation is compulsory.

The apps could fall into the following criteria:

  • Off-the-shelf, working solution.
  • Best concept, non-trivial solution.

It could be a mobile app (Android/IOS), a web application, or a browser app.

  1. Bug Bounty B2X (the total prize fund is 30.000 USD in B2X)

This bounty campaign falls into two criteria:

  • find web-service vulnerabilities (reward varies from $50 to $5K in B2X).
  • find B2X code vulnerabilities (reward is $5K in B2X).
  1. B2X Improve Bounty (the total prize fund is 20.000 USD in B2X)

The goal of this contest is to improve SegWit2X project. The best solutions with the detailed code description will be given substantial rewards in B2X: rewards vary from 1.000 to 5.000 USD in B2X.

All ideas and projects received will be evaluated by the community. The duration of the campaigns is 3 months. The total prize fund is 120.000 USD in B2X.

To get to know more about the bounty campaigns we are running and get the details of the technical side of the project, please, go to our official website and follow our latest news through the social channels.

https://t.me/Segwit2Xfork

https://twitter.com/Segwit_2X


This is a paid press release. Ethereumworldnews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Ethereumworldnews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

 

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Litecoin Price Analysis: Can LTC/USD Break 100 SMA?

Litecoin Price Chart

Litecoin price is slowly moving higher and is currently trading above $180 against the US Dollar. LTC/USD has to move above $210 and 100 hourly SMA to gain momentum.

Key Talking Points

  • Litecoin price made a decent recovery so far and is currently trading above the $180 resistance (Data feed of Kraken) against the US Dollar.
  • There was a break above a crucial bearish trend line with resistance at $190 on the hourly chart of LTC/USD pair.
  • The pair is currently trading around the $200 resistance and the 100 hourly simple moving average.

Litecoin Price Forecast

It seems like there is a slow and steady bullish bias forming above $150 in litecoin price against the US dollar. The LTC/USD pair is currently placed nicely above the $180 pivot level and is eyeing more gains above the $200 level.

The bias is positive considering the fact that the price is above the 50% Fib retracement level of the last major decline from the $250 swing high to $140 swing low.

Litecoin Price Chart

During the upside move, there was a break above a crucial bearish trend line with resistance at $190 on the hourly chart of LTC/USD pair. The pair is now attempting a close above the $200-210 resistance.

The stated $200-210 resistance is near the 100 hourly simple moving average. That’s why, an upside break above $210 won’t be easy. The stated level is also close to the 61.8% Fib retracement level of the last major decline from the $250 swing high to $140 swing low.

Should LTC buyers succeed in pushing the price above the $210 level and the 100 hourly SMA, there could be more gains toward $250.

On the downside, an initial support is around the $180 pivot. If buyers struggle to break the 100 hourly SMA, there is a chance of litecoin price breaking $180 for $150.

The overall short-term bias is bullish as long as the price is above $180. However, LTC/USD has to move above $200 and $210 as soon as possible to avoid bearish pressure.

Trade safe traders and do not overtrade!

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Mitsubishi UFJ Financial Group Releasing New Cryptocurrency

Mitsubishi UFJ Financial Group Releasing New Cryptocurrency

January’s early weeks have cast a shadow of doubt across the cryptocurrency market. Bitcoin, Ethereum, and so many others have plummeted in value with uncertainty ahead. Investors will see the easy tie between recent price drops and the uncertain regulations being handed down from South Korean Government and other entities. Despite this, there remain optimistic parties of the grandest extent. One of Japan’s largest financial bodies, the Mitsubishi UFJ Financial Group (MUFG), is introducing its own cryptocurrency as early as this March.

MUFG is among the globe’s most involved institutions, turning over $4.5 trillion in recent revenues. With total assets of over half that mark, the group is in a pivotal position for cryptocurrency. Members of the Japanese financial sector will have a first look at the MUFG coin before it is more widely spread into the general market. Handed down within the next couple months, it will be distributed on a limited basis by year’s end.

Japan has become a financial hub for cryptocurrency following the legalization of digital tokens as tender in 2017. Bitcoin planted many of its roots in the island nation. Standard businesses, bars and restaurants included, began accepting BTC as valid payment more frequently in November and December. The number of accepting entities is now into the thousands and continually growing.

Many believe it was only a matter of time before MUFG or a similar Japanese introduced itself to the crypto-market in a noteworthy capacity. London’s Bank of England is actively pursuing its own token as an increasing number of financial institutions are becoming involved. While it is evident that some of the financial sector’s principal entities support the digital currencies, there remains clear opposition. Indonesia’s central bank has come down against the major risk paired with investing in cryptocurrency.

Dedication to utilizing crypto in a retail mindset is fairly unique to the Japanese environment at present. A number of involved nations support the continued development of blockchain technology and the paired tokens, but lack the capacity or desire to dive in fully. MUFG’s coin look to work as a functional alternative to credit cards at a more efficient rate. Lower transactional costs and minimal interest implications open the door for persons to have more control over the financials without an unnecessary intermediary.

The release of this news has stirred up some confidence in cryptocurrencies. Unfortunately, the market’s strong recovery to begin Thursday was met with two noteworthy price drops as the day aged. Limiting the trading ability of armchair investors, it remains a difficult time to predict the extent of the market’s actions.

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Digital Currency Dash Partnering with Arizona State Uni to Fund Research

Investing altcoin

Cryptocurrency Dash has been announced to be part of a partnership with Arizona State University [ASU] providing $350k to speed up “development, research and education in a similar way that blockchain transaction security, efficiency, speed and expand its uses.

  • The Dash Scholars Program, which provides $100,000 in scholarships for undergraduate and graduate research fellowships;
  • Research lab and Industry open source projects, providing an additional $100,000 in funding for ASU’s Blockchain Research Lab (BRL) and $50,000 in new funding for the Luminosity Lab, and
  • Blockchain course development, with $100,000 for creating an online graduate course expected to be offered at ASU this fall.

The funding has been done through a successful treasury proposal. Dragan Boscovic – Director of ASU blockchain research lab stated:

“ASU welcomes this initiative and is ready to play its role in creating a potent Blockchain research and innovation environment for young talents to develop practical Blockchain applications.”

Whenever an individual thinks about cryptocurrencies, there exists an attraction to concentrate more on the development taking place or that could happen to the particular coin or blockchain for example” updates, roadmaps, new version of the software and so on. However, when you take a step back and go deeper – what makes the new features and updates come real – researchers that discover what it takes to add them.

While Dash’s Core DAO (distributed autonomous organization) is focused on development, marketing and the day-to-day aspects of maintaining a digital currency, there are at least two research groups working to move the project forward. Dash Labs is a DAO founded by Dash founder Evan Duffield, based in Hong Kong, that is working to develop hardware solutions to enable on-chain scaling using massive blocks.

A similar event has taken place last summer when Dash did fund ASU blockchain research lab with around $50k – upon which Ryan Taylor [Dash Core Team CEO] added:

“Initial research [will] focus on throughput capacity and latency performance of blockchain technology, model and assess it for different network architectures (including Dash’s multi-tiered architecture), applications, and use cases to propose a “scalability” deployment guide and best practices.”

Taylor continued:

“Until now, the majority of Blockchain research has been focused on Bitcoin, with minimal focus on other Blockchain applications…The sponsorship incorporate[s] Dash as the exclusive digital currency for ongoing academic research.”

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RaiBlocks Price With a Quick Return Upwards: However XRB Facing Offers

Raiblocks Invest

RaiBlocks token value dipped below the important $12.00 today, which was followed with a speedy gain up to 10% in the last 24-hours.

Important to Note:

  • The  last month range bounding zone of $12.00 was toe-stepped on Dec 18 by Raiblocks price
  • The pair has returned speedy on two supportive trend lines on the hourly chart of XRB/USD making it up to $19.00.
  • A great deal of sellers was met around the major $20.00.

The submarine dive of token values experienced in the last week has taken down Raiblocks price against the US Dollar to the lows of $12.00. The particular area represents a previous ranging level, with which being broken, the value opened gates for significant gain leading to the record price of $38.00.

Raiblocks Price Analysis

Source: coinmarketcap

However, with the general market turning around the tables and stepping in the recovery-wagon and regaining confidence while finding use of the low values as an opportunity to step in, the pair XRB/USD made it just below the important $20.00. For two attempts, it could not make it but keeping in mind that there is still much room left for the pressure to clear out, it would be a big surprise if a coin goes straight spiking upwards to its previous trading grounds. Increasing like that in such a short amount of time, will directly increase the balancing period until the market calms down and finds its healthy path of movement. The above mentioned mark will play a great role in the near term as an indicator for any bets to be put in while thinking of it as a higher pairing platform.

Trade Safely and do not Overtrade – Support Cryptos!

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Graft Blockchain Launches Mainnet Ahead of Schedule

Graft Blockchain Launches Mainnet Ahead of Schedule

Graft, the first global, open-sourced payment gateway blockchain network designed for Point-of-Sale, moving ahead of schedule and have launched its main net on January 16, 2018, before the start of the company’s Initial Coin Offering (ICO), which starts on January 18.

Graft is a rare ICO project with its own blockchain. The team is so dedicated to mainstreaming cryptocurrency and making a merchant-friendly solution that they have developed a blockchain that is built around the merchants’ systems and processes, bringing together the most advanced techniques in the space and resolving the issues with the other cryptocurrencies.  Soon, merchants with Graft will be able to accept crypto at the point of sale as easily as they do with cash or credit cards.

Running on its own blockchain sets the GRAFT project apart from its competitors that are based on the ERC20 tokens. As such, the Graft blockchain-based network will not be subject to the underlying Ethereum blockchain conditions such as latency and fees, putting the company in a strong position to be able to offer optimum payment services.

Since the introduction of bitcoin, blockchain technology has been said to change the financial system forever. However, nearly ten years after the launch of bitcoin, not much has changed in the traditional financial system due to the impact of blockchain. One of reasons why the adoption of blockchain-powered cryptocurrencies has not gone mainstream is that many of the existing cryptocurrencies were not designed to be effective as a transaction medium (at point of sale) relative to the existing options such as credit and debit cards.

At present, using bitcoin and many other cryptocurrencies is more expensive for consumers than credit and debit cards. A consumer could pay up to $30 in transaction fees. In addition, existing cryptocurrencies do not offer merchants, who are unsure about the legal or tax implications of accepting cryptocurrency payments, the freedom to decide in what currencies (fiat or cryptocurrency) they would like to cash out. Graft is on a mission to solve these existential problems and mainstream the acceptance of cryptocurrency.

Transactions on the Graft network would be confirmed in real-time and transaction fees will be a fraction of those of existing cryptocurrencies, and will be driven by the transaction amount rather than network load as in the case of bitcoin. The Graft network is also built to encourage micro transactions. Moreover, Graft works with existing payment behaviors and infrastructure, allowing merchants to accept payment in both local fiat currencies and cryptocurrencies. In other words, Graft enables crypto payments to work as easily and conveniently as MasterCard, Visa and Amex.

The Graft ICO will run between January 18 and February 18, with hard cap of $25 million.  Don’t miss the early contribution to get a 10% bonus in the first 48 hours. If you’re interested in the Graft Network ICO – you may find more info below.

Website: Graft Network

Twitter: Graft Network Twitter

Facebook: Graft Network Facebook 

Telegram: Graft Network Telegram


This is a paid press release. Ethereumworldnews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Ethereumworldnews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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