Best ICOs for 2018 That could Turn the Fortunes Around

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Best ICOs for 2018 That could Turn the Fortunes Around

Check out top-five ICOs for 2018, which you can invest in and join the league of crypto most lucky ones.

Best ICOs for 2018 That could Turn the Fortunes Around

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Source: CoinSpeaker

Post BCH Hard Fork Scenes: Bitcoin Cash ABC vs Bitcoin Cash SV

CoinSpeaker

Post BCH Hard Fork Scenes: Bitcoin Cash ABC vs Bitcoin Cash SV

As both camps engage in the war for gaining dominance over the hash power, here a look into how things have turned so far.

Post BCH Hard Fork Scenes: Bitcoin Cash ABC vs Bitcoin Cash SV

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Source: CoinSpeaker

Ethereum [ETH] Technical Analysis: The cryptocurrency is still pining for a bull run

The volatility in the crypto market has begun as most of the coins are thriving to gain momentum in the past 24-hours. The downfall of Ethereum [ETH] seems to continue for a longer period. The market capitalization gained by XRP appears to be a great barrier for ETH to gain its 2nd position back on the charts.
At the time of writing, Ethereum [ETH] is trading at $175.55 with a market cap of $18.13 billion. The 7-days statistics of ETH still shows a red signal with a 16.68% decline. The 1-day chart depicts an insignificant growth of 1.15%. The coin is being traded on various exchanges such as LBank, BitForex, Huobi etc., with the highest volume of 4.84% from OEX on ETH/BTC trading pairs.
1 hour:
ETH 1 hour chart | Source: TradingView
The 1-hour chart of ETH shows a downtrend extending from $210 to $178 and the resistance points fixed at $210.28 and $200.63. The uptrend in this time frame is from $172 – $174 – $176 with a recent support point set at $172.
The Bollinger Band is forming a narrow path indicating less volatility in the ETH market. It is also being noticed that a similar trend was followed by Bollinger Band on 14th November, which led to a negative price breakout.
The Awesome Oscillator has gradually started to form the green lines on the histogram. The indicator is trying to recover from the previous bear trend.
The Chaikin Money Flow depicts that there is less inflow of money in the ETH market as the indicator continues its journey below the zero line.
24 hours:
ETH 1 day chart | Source: TradingView
The 24 hours chart of ETH shows a downtrend ranging between $519 – $214 – $177 with a resistance set at $285. The support formed at $188 has been broken and the price continues its downward correction.
The MACD shows a bearish crossover with the moving average lines traveling below the signal line. The histogram is also forming negative bars depicting the beginning of a bearish trend.
In the Aroon indicator, the Aroon Up line has taken a bearish crossover and moving towards the 0 line showing that the bullish trend is exhausting. The Aroon Down line has touched the maximum point and is currently moving in the opposite direction.
The Relative Strength Indicator [RSI] has crossed the oversold line and moving back to the RSI region. According to the chart, it can be noticed that buying pressure has been overtaken by selling pressure in this timeframe.
Conclusion:
Considering the previous market trends of ETH and the signs of the indicators in the above-mentioned timeframes, there is a high chance of a persistent bearish zone.
The post Ethereum [ETH] Technical Analysis: The cryptocurrency is still pining for a bull run appeared first on AMBCrypto.
Source: AMB Crypto

Cardano [ADA] 1.4 update to be released by end of November or early December

Cardano’s Charles Hoskinson, the CEO of IOHK did an AMA [Ask Me Anything] on YouTube on November 17. He spoke about the upcoming 1.4 and Shelly update for Cardano 1.4.

Hoskinson said:
“The update 1.4 for Cardano is coming along well and we’re in regression testing right now. We’ve had a few regressions but nothing significant is found yet and it’s a lot of new code. There has been a huge amount of refactoring on the core, and we’ve found new database solutions, so we’ve gone from lots of storage to little storage and become much more efficient.”
He continued saying that the biggest development that has happened is in the wallet backend. Moreover, Hoskinson confirmed that it was the first piece of formally verified code that they’ve had.
Hoskinson further confirmed that the development cut-off was a few weeks ago and that they were working their way through the QA which is being led Alan McNicholas, the head of the QA department at IOHK and his team.
Hoskinson stated:
“The update won’t be taking much longer, I’d say a few more weeks and hopefully we should have the update 1.4 release by end of November or early December. And it’s the most significant update we’ve ever made to the Cardno ecosystem.”
The Cardano 1.4 update is the foundation for the new wallet’s backend. Hoskinson had previously explained that the current Cardano SL code was never meant to be something that is long-term. He also mentioned that the existing code will be heavily changed and refactored to drop dependencies and make architectural changes.
Charles Hoskinson added:
“After the 1.4 update, every update is going to be Shelley related so the first major update will be basically some new code for Ouroboros BFT and that’ll get us all aligned up so that we can start moving towards some variant of Ouroboros.”
He said that there were five different teams that were using the test implementations of Ouroboros in different capacities and that they’ve published a paper on e-print for Ouroboros.
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Source: AMB Crypto

XRP Technical Analysis: The short term bull trend stays stronger with 8% hike in a day

The cryptocurrency market seems to be slowly gaining traction after the massive bear hit which took place last week. The price of Bitcoin [BTC], which had touched as low as $5,358 on 15th November is gradually increasing. At the time of writing, BTC is trading at $5,593 and has shown approximately 1% gain in the past 24-hours.
However, the 7-day chart still shows a 12.59% decline. The case remains the same with other cryptocurrencies, as they are moving out of the bear’s claws.
However, XRP continues to maintain its 2nd position on the market list with a bright green signal. At the time of writing, XRP is trading at $0.51 with a market cap of $20 billion approximately. The 24-hour and 7-days chart shows a gain of 8.32% and 1.57% respectively.
1 hour:
XRP 1 hour chart | Source: TradingView
The 1-hour chart of XRP looks bullish with upwards trend lines extending from $0.43 – $0.47 – $0.49 and $0.48 – $0.52. The resistance point created $0.51 on 14th November has been broken and the price has moved further to reach the current rate.
The Parabolic SAR depicts a highly positive outlook for XRP at the moment. The dotted pattern is clearly aligned below the candlesticks and moving towards the bullish end.
The Awesome Oscillator is forming red bars above zero line of the histogram, depicting a slight downtrend in this 1-hour time frame.
The Chaikin Money Flow graph demonstrates an upward momentum with buyers maintaining their position in the XRP market with a good amount of inward money flow.
24 hours:

In the 24 hours chart of XRP, we can see an uptrend formed from $0.26 to $0.47 with the recent resistance point set at $0.58.
The Bollinger Bands are forming a slightly narrow path, indicating that there will be less volatility in the XRP market.
The MACD is experiencing a bearish crossover with the moving average line continuing its journey closely aligned with the signal line. The histogram has also formed negative bars below the zero line in this time frame.
The Aroon Indicator shows a bearish trend as the Aroon Up line is moving toward the zero line. The Aroon Down line has hit the maximum and is currently showing a trend reversal. This might let the bulls take over the market at the end of this trend.
Conclusion:
According to the above Technical Analysis, the price of XRP will continue the bullish trend for a short time as the indicators are strongly in favor of a bull run in the 1-hour chart. On the long run, the indicators are not highly supporting the bull run, however, a positive trend reversal can be expected.
The post XRP Technical Analysis: The short term bull trend stays stronger with 8% hike in a day appeared first on AMBCrypto.
Source: AMB Crypto

Coinbase Finally Takes RippleLabs’ Coin on Their Custodian Services

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Coinbase Finally Takes RippleLabs’ Coin on Their Custodian Services

Coinbase Custody, the safekeeping arm of the crypto-finance giant, decided to add support for Ripple (XRP) on its institutional-aimed custodian service.

Coinbase Finally Takes RippleLabs’ Coin on Their Custodian Services

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Source: CoinSpeaker

Cardano [ADA/USD] Technical Analysis: Cryptocurrency price falls to yearly low as bear continues to enjoy its spoils

The bear attack has not been pretty to watch with several cryptocurrencies crumbling under the pressure. Even popular cryptocurrencies such as Bitcoin [BTC], Ethereum [ETH] and Cardano [ADA] were not spared from the ruthless attack, with some coins even breaking their price supports.
1-hour

The one-hour chart shows Cardano’s [ADA] price moving sideways after a freefall from the top. The downtrend saw the price drop from $0.0743 to $0.061. The support was broken recently, with the price falling to its yearly low of $0.0581. The resistance has been holding at $0.0824.
The Bollinger band has undergone a slight divergence, with the size of the Bollinger cloud increasing, indicating multiple trend changes.
The Chaikin Money Flow has taken a hairpin turn towards the zone of the graph, which is a sign of the money outflow increasing. The indicator staying above the axis shows that ADA is reaching out to the bull’s realm.
1-day

The Cardano one-day chart shows the grave situation of the cryptocurrency falling to its lowest value in over a year. The new support right now is at $0.061, with the downtrend taking the coin falling from $0.174 to $0.061.
The MACD indicator points to the signal line moving downwards while the MACD line has become one with the axis. The bear maul has also affected the MACD histogram, almost making it tend to zero.
The Awesome Oscillator has reflected the bear attack, with the market momentum almost negligible now.
Conclusion
The support break has done Cardano no favors with the AO, CMF and the MACD all pointing to a continued bear run.
The post Cardano [ADA/USD] Technical Analysis: Cryptocurrency price falls to yearly low as bear continues to enjoy its spoils appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin [BTC] has “too much brainpower, research, adoption and money” to fail: Monero [XMR]’s Fluffypony

As the Bitcoin Cash [BCH] hash war ensues, the Bitcoin [BTC] community is becoming increasingly known as being toxic. Known as the Bitcoin maximalists, these individuals are beginning to take over the safe space of many individuals in the cryptocurrency space, as mentioned by WhalePanda, a crypto-influencer.
Speaking on the Magical Crypto Friends show, he stated that a lot more criticism is being levied against the BTC community, along with more infighting. He further elaborated that people are beginning to “feel attacked” and that it was “not a safe space anymore” as they get criticized immediately.
He stated that it was “a bit toxic”, with even Vitalik Buterin speaking up about the issue. Bringing the question to his peers, namely Litecoin [LTC]’s Charlie Lee, Blockstream’s Samson Mow, and Riccardo Spagni, the handler of the Monero [XMR] codebase. Spagni was the first to respond, prefacing his opinion with a statement that he was a firm believer in Bitcoin and its success. He further stated:
“I think that there is too much brain power, research, adoption and money that has been poured into Bitcoin for it to fail. I truly believe that. Obviously there’s always a chance but I think that the chances a Bitcoin failing are at this point infinitesimally small I think the chances of every other altcoin failing are higher.”
However, after stating so, Spagni said that he believed that it was a rational belief. However, he broke away from one of the most basic beliefs of Bitcoin maximalists: that the coin was set to be the world currency. Spagni said that he did not believe in a world where “every human on the planet” would find a need for sound money in the form of Bitcoin. He stated:
“It’s like the entire world waking up and saying, ‘you know what sucks? Human government. You know what we’re going to do, we’re gonna have a new form of government that doesn’t involve humans. I mean it’s like that might happen but the chances are its not gonna happen because we’re dumb and we’re human and we’re imperfect.”
Spagni stated that humans are not going to globally adopt Bitcoin, and that they will always be pushed around by “the charlatans and snake oil salesman” of the world. He elaborated:
“You can promote Bitcoin as being sound money no problem but then you can also accept that there are going to be other projects along the way that might also survive. Just accept it and see what happens.”
The post Bitcoin [BTC] has “too much brainpower, research, adoption and money” to fail: Monero [XMR]’s Fluffypony appeared first on AMBCrypto.
Source: AMB Crypto

Monero [XMR/USD] Technical Analysis: Bear continues to lead the market

The whole cryptocurrency market was massacred by the bear’s attack earlier this week. All the top cryptocurrencies like Bitcoin [BTC], Ethereum [ETH], and Litecoin [LTC] bled double digits in the market. Nonetheless, the market is trying to recover from the attack by sprinkling green on some coins.
Monero, [XMR], the tenth-biggest cryptocurrency by market cap, had also hoped on to the bandwagon of crushing the investors. According to CoinMarketCap, at press time, the famous privacy coin was trading at $86.43, with a market cap of $1.43 billion. The cryptocurrency had a trading volume of $16.32 million and had plunged by 2.05%.
1-hour
Monero [XMR/USD] one-hour price chart | Source: Trading ViewIn the one-hour chart, the cryptocurrency shows a downtrend from $106.53 to $87.37 and an uptrend from $82.19 to $87.17. The coin demonstrates that there is an immediate resistance at $90.26 and a strong resistance at $95.11. The chart also shows that the coin has gained a strong support at $82.16 level.
Bollinger bands are currently contracting as the market is less volatile and a massive price action is highly unlikely to occur.
Parabolic SAR shows a bearish trend as the dots have aligned on top of the candlesticks.
Chaikin Money Flow also pictures a bear’s rule. This is because the CMF line is below the zero line, depicting that the money is flowing out of the market.
1-day
Monero [XMR/USD] one-day price chart | Source: Trading ViewIn the one-day chart, the cryptocurrency shows a downtrend from $292.71 to $114.07. Additionally, the price fell further from $106.81 to $90.25. The chart also shows that there is an uptrend from $84.20 to $101.77 and from $1o1.77 to $1o5.45.
The coin has to first breach the immediate resistance at $114.17 in order to get to the strong resistance, which is currently set at $147.56. The coin has a strong support at the $84.11 ground.
Klinger Oscillator indicates that the coin is going to be in the bear’s grip as the reading line was below the signal line, showing no signs of recovery.
MACD is also showing that the bear has no intention of letting the coin loose as the moving average line was well-below the signal line.
RSI is in complete agreement with both MACD and Klinger Oscillator as the indicator demonstrates that the selling pressure is currently more than the buying pressure. Nonetheless, a trend break-out could occur soon.
Conclusion
The market is currently in favor of the bear as the carnivores mammal has the support of the Parabolic SAR and the CMF from the one-hour chart and all the indicators from the one-day chart.
The post Monero [XMR/USD] Technical Analysis: Bear continues to lead the market appeared first on AMBCrypto.
Source: AMB Crypto

Tron [TRX] surpasses Ethereum [ETH] in terms of dApp volume with 422 million transactions

On November 17, Justin Sun, the Founder and Chief Executive Officer [CEO] gave the Tron community another reason to celebrate. The Tron official stated that Tron had surpassed Ethereum [ETH] in terms of dApp volume.
Reports show that IDEX, which is the most successful dApp on the Ethereum network has a transaction volume of 2430 ETH transactions in a span of 24 hours. Tronbet, on the other hand, has over 422 million TRX transactions. Post the announcement, users on Twitter were quite excited:
Lucas, a Twitter user, stated:
“@kamagames @akuzn2 you must read this! #ethereum is outdated #tron is the future especially for online casino’s.”
NanCrypto, another fan of the cryptocurrency said:
“ I have said time and again that TRX will go up to the moon and Ethereum will be left behind in the dust. This event is more than enough proof that I was right.”
The dApp achievement comes in the wake of Tron accepting DAPPHOUSE to run as a Super Representative member. Justin Sun had stated that DAPPHOUSE is committed to researching and developing Dapp and “is providing a good solution and display platform for the operation of the applications.”
Back in September, Sun had even asked developers and users to stop deploying pictures on the Ethereum blockchain and instead shift to the Tron blockchain. In his words:
“Yes! Please stop deploying d-apps to Ethereum and migrate to #TRON network immediately! We are 100x faster than #ETH and fully compatible with #ethereum. We 100% guarantee better user experience!”
Tron had also made news recently when it was revealed that the total number of mainnet accounts on the Tron network had surpassed 600,000.
The post Tron [TRX] surpasses Ethereum [ETH] in terms of dApp volume with 422 million transactions appeared first on AMBCrypto.
Source: AMB Crypto

Stellar Lumens [XLM/USD] Technical Analysis: Bulls have the eyes of tiger in them

Stellar Lumens has resurfaced by 4.73% in a 24-hour time frame after the crash, while the other cryptocurrencies including Bitcoin [BTC], Ethereum [ETH], and XRP are struggling. XLM is currently trading at $0.2427 with a market cap of $4.59 billion. The trading volume has reached $110.79 million a majority [~36%] of which is contributed by Binance.
1 Hour

The uptrend for Stellar ranges from $0.2173 to $0.2454, while the downtrend spans from $0.2856 to $0.2510. The price has broken two supports at $0.2531 and $0.2301 and has set up a support at $0.2173. New resistance points set up at $0.2413 have been broken by the price on November 15, 23:00 UTC. Resistances are also set up at $0.2597, $0.2747 and $0.2858.
The Parabolic SAR shows a bullish trend occurring as the markers are below the price candles.
The MACD indicator is showing a bullish trend in play as well, with the MACD line crossing over the signal line. The histogram is covered with green bars indicating a bullish presence in the market.
The Awesome Oscillator spikes are forming above the zero line, which indicates that the short-term trend momentum is higher than the long-term long momentum indicating a bullish buying opportunity.
1 Day

The one-day chart shows a small uptrend ranging from $0.2227 to $0.2413, while the downtrend is spread from $0.4305 to $0.2775. The support points at $0.2227 and $0.17668 are holding strong and so are the resistance points at $0.2813, $0.3336 and $0.3693.
The Bollinger Bands are undergoing an expansion indicating that the volatility is being injected into the market. The prices, however, have dropped after touching the upper limit and are currently bouncing on the simple moving average.
The Aroon Indicator is giving out mixed signals as the Aroon up and the Aroon downlines have both hit the 100 line and are moving down in unison and in a parallel fashion.
Stochastic Indicator has undergone a bearish crossover after hitting the overbought ceilings.
Conclusion
The one-hour chart has indicators showing a strong bullish opportunity indicated by SAR, MACD and the Awesome Oscillator. In the larger time frame i.e., the one-day chart shows mixed emotions as indicated by the Bollinger Bands and Aroon indicators. The Stochastic, however, is showing clear bearish signs.
The post Stellar Lumens [XLM/USD] Technical Analysis: Bulls have the eyes of tiger in them appeared first on AMBCrypto.
Source: AMB Crypto

Forget About Bitcoin Cash War, Mike Novogratz Turns to Tokenization of Real Estate

CoinSpeaker

Forget About Bitcoin Cash War, Mike Novogratz Turns to Tokenization of Real Estate

Bitcoin billionaire Mike Novogratz explains another possible scenario to resurrect the cryptocurrency market, this time the real estate tokenization comes first.

Forget About Bitcoin Cash War, Mike Novogratz Turns to Tokenization of Real Estate

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Source: CoinSpeaker

Bitcoin [BTC] has served its place in the market says Stellar’s first Head of Growth

Recently, Tammy Camp, the co-founder of Stronghold and the first Head of Growth at Stellar gave her opinion on cryptocurrencies and compared Bitcoin [BTC] to Friendster, a social media website; Ethereum [ETH] to MySpace and Stellar to Facebook.
Tammy Camp, in the interview with Breaker, she compared Bitcoin to Friendster because it was the first of its kind in the space as it got everybody’s attention. She further added that the transaction time for Bitcoin is very slow as compared to Ethereum or Stellar. She continued:
“Bitcoin does not crash and it is very stable, but the downside is you can only do three transactions per second and then it takes up to an hour for it to confirm. Bitcoin has served its place in the market. And it’s not that it’s a bad solution; it’s just not scalable for payments.”
She continued to talk about her analogy and then compared Ethereum to MySpace as Ethereum is very popular among developers and is faster than Bitcoin in terms of transactions. Since Ethereum paved ways for smart-contracts, there have been many more blockchains built on top of Ethereum’s using these contracts.
To conclude her analogy she compared Stellar to Facebook and weighed in by stating:
“Stellar is actually more scalable and secure than any product. And you can do 3,000 transactions per second, and 300,000 transactions with fees costing less than one penny. And the confirmation times are three to five seconds, so you can actually use it at Point of Sale [PoS].”
Tammy Camp, got into cryptocurrencies while graduating from Singularity University, and started building mining rigs for a short duration of time. She later went on to become the first Head of Growth at Stellar.org.
She also co-founded the Stronghold, a digital asset exchange network/platform that represents Bitcoin, Ethereum and Stellar Lumens on the Stellar Network. A stablecoin called Stronghold USD was developed in partnership with IBM blockchain.
The post Bitcoin [BTC] has served its place in the market says Stellar’s first Head of Growth appeared first on AMBCrypto.
Source: AMB Crypto

RippleNet Further Continues Its Win Streak Partnering with CIMB Banking Group

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RippleNet Further Continues Its Win Streak Partnering with CIMB Banking Group

The RippleNet frenzy continues to win over the regions of Asia, as starting from now, the company streamlines cross-border payments of Malaysian banking group CIMB.

RippleNet Further Continues Its Win Streak Partnering with CIMB Banking Group

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Source: CoinSpeaker

Monero [XMR] lead developer speaks about Lightning implementation

Riccardo Spagni aka fluffypony spoke about the recent upgrade of the Monero network and the upcoming ones, during a discussion with Charlie Lee, Samson Mow, and WhalePanda on the thirteenth episode of Magical Crypto Friends.
Spagni started off by speaking about the Bulletproof implementation, which recently went live. He briefly explained Bulletproof, stating that it is a compact range proof that was created by two developers from Monero Research Lab. Spagni added that they found that it can be applicable to Monero as it uses range proofs in confidential transactions, a way to hide transaction amounts. He went on to say:
“We’ve had bulletproofs live on Testnet since December 2017, but obviously there’s this process that you go through with all cryptographic systems of testing and validation and auditing […] some time before there was level of confidence we could go live on Mainnet and it went live in the network upgrade last month […] it’s pretty exciting because it reduces transaction sizes by 80%-90% which in turn reduces fees by like 80%-90%”
This was followed by Lee asking Spagni whether there is any downside to Bulletproof. To which, the lead developer stated that there is no downside to the implementation. He added that it is similar to their previous security but is more compact and has much faster validation because of the way the validation scales.
Succeeding this, WhalePanda asked when Bulletproof is going to be implemented on Bitcoin. Spagni replied:
“Well, Bitcoin doesn’t use confidential transaction. So Bitcoin doesn’t have range proofs. But I mean on Liquid for example which as you know is the premier Blockstream product coming soon to space station near you; on Liquid, they could they could add bulletproof”
Furthermore, he was asked about when and how Monero is going to implement Lightning and whether there are developers already working on the implementation, by WhalePanda. Spagni stated that there are people currently working on the implementation as it is one of the scaling technologies the interests the Monero community. He said:
“I’m particularly fond of lightning because there’s already a live lightning network that we can plug into. So, it’s not like we’re have to like build this second layer up just like on our own”
He further stated that there is a group of people working on Rust-Lightning along with Matt Corallo, a Bitcoin Dev. Spagni hopes that they will be able to add Monero support to Rust-Lightning as it becomes more mature. He added:
But the first step is getting rest lightning to a level of maturity where Matt and and everyone involved is comfortable with it working well and then we can go and add Monero support.”
Spagni also spoke about whether Monero had all the parameters for Lightning. He said:
“We’ve got multi-sig, we’ve got locktimes. We’re pretty confident that we have all the primitives […] I think the one thing that we’re missing is payment channels but I think that that’s a relatively simple thing to have because it’s not a consensus critical component.”
The post Monero [XMR] lead developer speaks about Lightning implementation appeared first on AMBCrypto.
Source: AMB Crypto