IOTA [MIOTA] teases new protocol ‘Coordicide’ with the launch of new website

IOTA [MIOTA] made headlines over the last couple of weeks on the back of which, IOTA Foundation launched a new website which incorporated the blueprint of a protocol update called Coordicide. With the launch, IOTA has announced that it is developing its scalable and fully decentralised distributed ledger technology.
Through the release of Coordicide’s blueprint, IOTA intends to resolve issues related to high transaction fees, scalability and decentralize the network further. IOTA Foundation had put in place, ‘Coordinator’, which protected user funds during the initial stages of the network. The said upgrade will furnish a new mechanism for securing the network, while eliminating the ‘coordinator.’
According to the press release, David Sønstebø, Co-founder of IOTA Foundation, while commenting on the release of blueprint stated,
“We have been working towards the removal of the Coordinators since IOTA’s inception. Now with the maturity and growth of the protocol and the quality of our research team, we are bringing that promise to fruition. IOTA was designed to address the limitations of Blockchain with a feeless and scalable solution. That is now becoming a reality. With this major milestone, we are poised to accelerate into our next phase of growth and enterprise adoption in the real world.”
Expansion of the IOTA research team led to the formation of IOTA Research Council, which in turn enabled smooth development of an alternate and effective security mechanism replacing the Coordinator from the picture. Along with scalability and decentralization, deployment of Coordicide will bring flexibility, faster transaction times and simplified node maintenance. Coordicide seems to finally be a solution to the tri-factor problem – Scalability, Decentralization and improving blockchain technology.
The release was confirmed by IOTA News in a tweet,

#news: IOTA Announces Coordicide Solution: A Distributed Ledger Technology which Removes the Barriers to Real-World Adoption. https://t.co/MbfTKEtPGcMore details on https://t.co/DeFRKEToRe#IOTA #Coordicide
— IOTA News (@iotatokennews) May 28, 2019

IOTA gained by 52% over the last week, in the wake of partnerships with Jaguar, Avery Dennison and French agtech start-up, OKP4. IOTA was priced at $0.4770 with a market cap of $ 1.3 billion. IOTA was gaining by 12.01%  over the last 24 hours, at press time.
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Source: AMB Crypto

Ethereum [ETH] and Tron [TRX] Price Analysis: Coins bullish despite fall in price

Ethereum [ETH] has been lagging behind in terms of achieving its ATH for sometime now. The world’s second largest cryptocurrency was priced at $267.09, with a market cap of $28.3 billion. The 24-hour trade volume came up to be $10 billion, out of which, LATOKEN contributed 4.39% via the ETH/BTC pair.
Tron [TRX] registered a higher than 5% growth in an hour yesterday. TRX was priced at $0.0325, with a market cap of $2.17 billion. The 24-hour trade volume came up to be $1.07 billion, out of which BW.com contributed 9.00% via TRX/ETH pair.
1 day-ETH
Source: TradingView
The 1 day chart for ETH showed an uptrend from $178.8402 to $272.2670. The support point stood at $84.40, a point which hasn’t been tested since December 2018. The resistance point was seen at $272.8250.
The Parabolic SAR indicated a bullish trend as the dotted markers were formed under the candlesticks.
The MACD indicator showed a bullish trend, while hinted at a potential bearish crossover.
The Awesome Oscillator showed an increase in market momentum, indicating a bullish trend.
1 day-TRX
Source: TradingView
The 1 day chart for TRX showed an uptrend from $0.0132 to $0.0234. The support points were seen at $0.01283 which was tested in December 2018. The resistance was seen at $0.0351.
The Chaikin Money Flow showed a bullish trend as the indicator was above the zero line.
The MACD indicator showed a bullish trend as the MACD line was above the signal line.
The Relative Strength Index showed a bullish trend, despite coming down from the overbought zone.
Conclusion
The 1 day chart for ETH showed a bullish trend, as indicated by the aforementioned indicators. The same can be said about TRX as well.
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Source: AMB Crypto

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Bitcoin Cash [BCH] recently made headlines when the CEO of Bitcoin.com, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, Bitcoin.com and its developers have rolled out an iOS version of the same.
Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.
As reported by Bitcoin.com, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by Bitcoin.com via a tweet:

This week our developers have released the #BitcoinCashRegister for iOS devices.
Like the Android app, the #iOS version just requires a valid #BitcoinCash address to get started.
Read more: https://t.co/Zag8JlEq4vDownload now: https://t.co/eeV53HWT8c#BCH pic.twitter.com/ebzoy2YuxR
— Bitcoin.com Official (@BitcoinCom) May 25, 2019

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.
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Source: AMB Crypto

Bitcoin [BTC] vs Litecoin [LTC] Price Analysis: King coin sees bearish pressure as LTC rides the bull wave

Bitcoin was priced at $8,004.45, with a market cap of $141 billion. The 24-hour trade volume came up to be $21.4 billion, out of which Negocie Coins contributed 9.50% via the BTC/BRL pair. BTC saw a drop of 0.06% in the past 24 hours, at press time.
Litecoin was priced at $101.74, with a market cap of $6.3 billion. The 24-hour trade volume amounted to $4.26 billion, out of which Coineal contributed 11.86% via the LTC/BTC pair. LTC saw a drop of 0.47% in the past 24 hours, at press time.
1-day BTC
Source: TradingView
The one-day chart of BTC showed an uptrend from $4,733.50 to $8,203.32. The support points were at $3,157.69, which was tested in December 2018, and $4,863.86, which was tested multiple times in April 2019. The strong resistance was at $8,209.91.
Parabolic SAR indicated a bearish trend as the dotted markers were above the candles.
Awesome Oscillator showed a decrease in momentum as the red bars were projecting a bullish buying opportunity.
Klinger Oscillator displayed a bearish trend.
1-day LTC
Source: TradingView
The one-day chart of LTC showed an uptrend from $55.88 to $102.26. The support points were at $22.64, which was tested in December 2018, and $29.82, which has been tested multiple times in the past. The point of correction was at $103.48.
The MACD indicator showcased a bullish crossover as the MACD line was above the signal line.
Relative Strength Index showed an increased buying pressure as the graph was close to the overbought zone, indicating a relatively bullish phase.
Awesome Oscillator was presending a bullish buying opportunity.
Conclusion
The one-day chart of BTC showed an overall bearish trend, as indicated by the aforementioned respective indicators, while the one-day chart of LTC displayed a bullish trend by the indicators.
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Source: AMB Crypto

Ripple partners with Brazil’s Front Exchange to launch Simple to ease cross-border remittance

Ripple has been living true to its motto of promoting cross-border payments with low transaction fee lately with a barrage of partnerships and other developments. Last week, Ripple-backed remittance providers such as InstaReM and MoneyNetint made the news by partnering with banks in order to simplify cross-border transactions. After the partnership between BeeTech with Ripple-backed MoneyNetint, another Brazil-based exchange broker, Frente Corretora de Câmbio or The Front Exchange has partnered with Ripple to launch ‘Simple’, a platform created to cater international remittance and tourism exchange.
As cited on the exchange’s website, The Front launched the Simple platform for providing remittance and tourism exchange in partnership with Ripple. Simple will enable Brazilians to make cross-border payments, starting June 2019.
Carlos Brown, the co-founder of Front Exchange, commented on the launch of Simple and said,
“Simple’s user is the average citizen, who has a child living outside the country, for example. This public does not make large remittances, it is a money for the family, and this percentage charged by the institutions ends up swallowing a very large part of the value.”
Brown further claimed that the platform would not charge any transaction fee, but will be based on the gain of spread that the transaction delivered. The correspondents associated with the exchange would act as a FinTech, which would help in the growth of operations. Brown stated:
“We want to win with a high amount of operations and not with a very high spread, like traditional financial institutions.”
The Front Exchange recently opened a representative office in Miami and is looking forward to set-up two more representative offices in Boston and New York. The Central Bank ranked the broker exchange as the 15th largest currency brokerage in Brazil. With the partnership with Ripple and the launch of Simple, the exchange is expected to climb to the fifth place by the end of the year.
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Source: AMB Crypto

Ethereum [ETH] and Tron [TRX] Price Analysis: Coins bullish despite imminent bearish move

After the delay of the Programmatic Proof of Work audit, Ethereum’s most controversial upgrades, ETH is still under uncertain lens in terms of market trend. The second largest cryptocurrency heaved a sigh of positive relief with the introduction of Switch for non-custodial trading by Kava Labs. Ethereum [ETH] was priced at $250.78, with a market cap of $26 billion. The trade volume came up to $9.6 billion, out of which LATOKEN contributed 5.19% via the ETH/BTC pair. ETH saw a gain of 0.95% in the past 24 hours, at press time.
Tron [TRX], which recently announced a partnership with Bitpie to aid start-ups, was priced at $0.0281, with a market cap of $1.8 billion. The 24-hour trade volume came up to $741 million, out of which Fatbtc contributed 8.17% via the TRX/ETH pair. TRX saw a gain of 0.21% in the last 24 hours, at press time.
1-day ETH
Source: TradingView
The one-day chart of ETH showed an uptrend from $264.1566 to $160.7751. The support point stood at $104.5560, which was tested in February 2019, and $161.8582 was the previous resistance point, which is now a support. The resistance point was at $262.6382.
Bollinger Bands showed the bands diverging, indicating volatility in prices.
Relative Strength Index displayed the buying pressure to be more, indicating a bullish trend.
MACD indicator showed a bullish trend, but a bearish crossover was imminent as the MACD line was about to cross the signal line.
1-day TRX
Source: TradingView
The one-day chart of TRX showed an uptrend from $0.0128 to $0.0234. The support points were at $o.0128, which was tested in December 2018, and $0.0224, which was tested multiple times earlier this year. The resistance points were seen at $0.02786 and $0.03084
Chaikin Money Flow showed an equilibrium between the inflow and outflow of capital.
MACD indicator showed a bullish trend as the MACD line was above the signal line, but directed downwards indicating an imminent bearish crossover.
Awesome Oscillator showed an increase in momentum, indicating a bullish trend.
Conclusion
The one-day charts of ETH showed a bullish trend with a hint of bearish momentum as indicated by the aforementioned indicators. The same can be said about TRX.
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Source: AMB Crypto

Bitcoin [BTC] trumps gold as choice of store of value among millennials, says President of ETF Store

In a recent interview with Bloomberg experts, Nate Geraci, President of ETF Store, while talking about the Bitcoin ETF approval, hinted that younger clients were moving towards Bitcoin citing better investments. He also acknowledged that the demand for investing in BTC had increased, when compared to Gold and said,
“When we talk to our younger clients, we have a core allocation in our portfolios and they’ll ask about that and say well, what about crypto?And if you talk to primarily millennials and ask them which they prefer, Bitcoin or Gold? its a landslide!”
This comes at a time when the battle between Bitcoin [BTC] and Gold in terms of value has been raging. Proponents of the cryptocurrency have proved that BTC is the next big thing in the market and have left no stone unturned in doing so.
CEO and Founder of Digital Currency Group, Barry Silbert, had launched an advertisement that took a dig at Gold and started the #DropGold campaign in an attempt to urge conventional investors to invest in Bitcoin, the ‘Digital Gold.’ Silbert claimed that the campaign aimed at attracting millennials to invest in Bitcoin, rather than Gold.
Gold, being the oldest store of value before the arrival of cryptocurrency, drove people to be reluctant about investing in BTC. This was a common notion among seasoned conventional investors in Gold, who put up a good fight against the king of cryptocurrency.
This debate has brought to light both the pros and cons of Bitcoin and Gold. While BTC has proven itself with respect to being a mode of payment, its volatility is unpredictable. Gold, on the other hand, is seen by many as a safer investment.
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Source: AMB Crypto

Bitcoin [BTC] and Litecoin [LTC] Price Analysis: BTC and LTC ride the bull wave despite correction concerns

After the prices’ roller coaster ride last week, Bitcoin [BTC] recorded its highest search volume on Google over the past year. The king coin was priced at $7,827.95 with a market cap of $130 billion, at press time. The 24-hour trade volume came up to be $24.6 billion, out of which BitMEX contributed 10.76% via XBT/USD pair. Bitcoin [BTC] fell by 1.01% over the last 24-hours, at press time.
Litecoin [LTC] was priced at $90, with a market cap of $5.56 billion. The 24-hour trade volume came up to be $3.4 billion out of which, Coineal contributed 10.28% via LTC/BTC pair. Litecoin [LTC] fell by 0.82% over the last 24 hours, at press time.
1 Day- BTC
Source: TradingView
The 1 day chart for BTC showed an uptrend  from $5,5560 to $8,203.32. The support points stood at $3,173.62, $3,495.15 and $4,990.97. The point of resistance was seen at $8,192.92.
The Bollinger Bands indicated volatility in price as the bands were diverging.
The Chaikin Money Flow showed that the flow of capital into the market was more than the outflow, indicating a bullish trend.
The MACD indicator displayed a bullish trend, but hinted at a bearish crossover.
1 Day- LTC
Source: TradingView
The 1 day chart for LTC showed an uptrend from $55.88 to 102.26. The support points were at $22.44 and $29.71. The resistance points stood at $95.34 and $102.15.
The Parabolic SAR indicated a bullish trend as the dotted markers were formed under the candlesticks.
The MACD indicator showed was bullish, while suggesting an imminent bearish crossover.
The Relative Strength Index indicated a bullish trend as it was close to the overbought zone. But, the graph was seen to moving downwards.
Conclusion
The 1 day chart for BTC  and LTC displayed a bullish trend, but hinted at an imminent bearish move as indicated by the aforementioned indicators.
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Source: AMB Crypto

Ethereum [ETH] and Tron [TRX] Price Analysis: ETH and TRX witness steady growth

After the recent pullback of Bitcoin, the market was forced to fall drastically, Ethereum saw a steady recovery post the fall. Ethereum ranked number 2 overall and was priced at $259.12, with a market cap of $27.5 billion. The 24-hour trade volume came up to $23.62 billion out of which, BitMEX contributed 13.94% via XBT/USD. ETH saw a price surge of 9.85% in the last 24 hours, at press time.
Tron, ranked eleventh overall was priced at $0.0294, with a market cap of $1.96 billion. The 24-hour trade volume came up to $683 million, out of which, BW.com contributed 8.09% via the TRX/USDT pair. A price surge of 9.64% was seen by TRX in the last 24 hours.
1-Day – ETH
Source: TradingView
The one-day chart of ETH showed an uptrend from $150.8046 to $264.1566. The support points were seen at $84.4047, $104.1055 and $153.1049. The point of correction was seen at $264.7427.
The Chaikin Money Flow indicated that the inflow of capital into the ETH market was more that the outflow.
The MACD indicator showed a bullish crossover.
The Relative Strength Index put the coin in the overbought zone.
1-Day – TRX
Source: TradingView
The one-day chart of TRX showed an uptrend from $0.0132 to $0.0236. The support points stood at $0.0126, $0.0225 and $0.0255. The resistance was seen at $0.0307.
The Parabolic SAR indicated a bullish trend as the dotted markers were under the candles.
The Bollinger Bands indicated volatility in price as the band expanded.
The Relative Strength Index indicated a bullish trend as the graph was closer to the overbought zone.
Conclusion
The one-day charts of ETH and TRX are in a bullish market if the indicators are to be believed.
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Source: AMB Crypto

IOTA [MIOTA] yields massive output post partnership with Avery Dennison

IOTA [MIOTA] has recently been expanding its reach by increasing partnerships with other companies. The recent partnerships with an agtech french startup and Avery Dennison have proven to be in the best interests of MIOTA. The partnership with the clothing line resulted in IOTA’s price shooting up by 52% on the seven-day time frame.
The agreement with Avery Dennison intends to produce sustainable goods and clarity in the production of the same. It was first tested out with the ALYX brand, which allowed customers to track their products in real time on the supply chain, making the production of goods as transparent as possible through the use of blockchain technology.
Priced at $0.3973 with a market cap of $1.1 billion, IOTA ranks 15th overall. Post the partnership with Avery Dennison, IOTA saw a six-month high of $0.4375, escalating from $0.2708. Although the price has come down due to the recent price pull of Bitcoin which forced the market to tread low, IOTA seems to be doing well and no drastic fall in prices was seen.
Source: TradingViewA similar partnership was seen with Jaguar and a french agtech startup OKP4 to store and share information with IOTA coins as a reward. The 52% increase can also be attributed to all of these partnerships, which accumulated overtime and showed the gross result.
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Source: AMB Crypto

SatoshiPay launches Solar wallet on mobile app stores for Stellar [XLM] Network

SatoshiPay has been working closely and designing micro-payment apps for the Stellar Network. Earlier this year, the micro-payment solution company launched ‘Solar wallet’, a stellar network-based and user-friendly desktop wallet. The Solar Wallet has proved to be user-friendly and easy-to-use and can securely manage funds. In order to expand their market, SatoshiPay has expanded its distributed ledger technology to mobile phones as well.
In a tweet, SatoshiPay confirmed the release of the mobile version of Solar wallet on Apple and Google Play app stores.

Hello Folks the much anticipated mobile versions of our Solar Wallet are now available in the app stores. Download the app now and expect many cool features in the coming weeks https://t.co/ukYTR4HG5j
— SatoshiPay (@SatoshiPay) May 17, 2019

SatoshiPay intends to integrate wallet and external services in order to redefine user value and experience on the Stellar Network by providing opportunities to get in touch with other blockchain-based services on the internet such as Hardware wallet support and multi-factor authentication support.
Despite the recent downtime that froze the Stellar Network for two hours which resulted in a 16% fall, XLM seemed to be doing good with a 5.25% surge in the past 24 hours, at press time.
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Source: AMB Crypto