Cardano [ADA] Defeated TRON [TRX] To Capture 10th Spot with Bullish Run

Cardano (ADA) is all set to enjoy crypto party this weekend as it surpassed the 10th largest crypto, TRON (TRX) today. At the moment, ADA hits bullish market cap with almost 8 percent growth and counts as the 10th largest cryptocurrency.
According to data from Coinmarketcap, ADA sits comfortably as the 10th largest cryptocurrency with the growth of 7.72 percent within a couple of hours. With this, it defeated TRON (TRX) from its position and trading with the value $0.05 against US Dollar. 
Moreover, ADA cryptocurrency held a brief surge in average trading as compared to TRX’s market cap. Consequently, former stands with $1,526,387,124 trading volume while latter with $1,526,387,124.
Image source – coinmarketcap
One specific reason that spiked the price of ADA is what curious many of us. Well, many speculate that the latest release of an upgrade to Cardano has quickly influenced its value. Consequently, ADA’s bull flag is a result of Carano 1.5 upgrade released on Cardano mainnet. As officially announced ‘ it is a milestone’ which had excited many crypto enthusiasts to find the figure as to how well ADA will go further.
Today we release Cardano 1.5 on the Cardano mainnet. The Cardano 1.5 release is a milestone because it is the last major Cardano release of the Byron development phase, which we have been in since the launch of mainnet.
Moreover, Cardano’s twitter account released yet another update that says about Cardano 1.5.1 upgrade. As per the announcement, this upgrade is to fix two issues – and not as major as Cardno 1.5 is. As Coingape reported; Cardano 1.5.1 will solve data migration issue and an issue causing log rotation for the frontend logs not to work.
Furthermore, the official announcement goes as follows;

IOHK has released Cardano 1.5.1 on the Cardano mainnet. The Cardano 1.5.1 release is a small update which fixes two issues. The update will be delivered via a prompt in Daedalus to all users shortly. To read more, click here: https://t.co/Fk3HZr4Aea
— Cardano Foundation (@CardanoStiftung) March 22, 2019

Speaking of volumes, ADA is already walking at upside move and took over TRX. Given that, do you think ADA will surge further to capture the 9th spot where Tether (USDT) is standing at present? Share your views
The post Cardano [ADA] Defeated TRON [TRX] To Capture 10th Spot with Bullish Run appeared first on Coingape.
Source: CoinGape

Binance To Begin CELER Token Trading On March 25 With Three Trading Pairs

Binance Cryptocurrency exchange will list CELER Token and will open trading on March 25 with three pairs including CELR/BNB, CELR/BTC and CELR/USDT at 4,00AM (UTC).
To recall, CELER token sale was hosted on Binance launchpad and concluded raising $4million in just 18 minutes. Following the excitement, out of 39003 interested only 3129 investors were lucky enough to participate in CELER token sale on Binance launchpad. Moreover, the minimum limit to participate in the token sale was set for $20 as minimum tokens to buy and $1500 is the maximum wherein 1 CELER token was valued 0.000434 BNB.
Following the completion of the token sale, CELER tokens will soon be available on Binance exchange.

#Binance Lists @CelerNetwork Token ($CELR) and Completes Distribution of $CELRhttps://t.co/CzGdwH847F pic.twitter.com/fyggkeCcz2
— Binance (@binance) March 23, 2019

Consequently, users can log in their account and start trading CELR tokens at Binance exchange on March 25 by using either BNB, BTC or USDT. Additionally, such token listing fee is 0 BNB, Binance blog mentioned.
The announcement further reads that;
Binance has also completed the distribution of CELR to all successful Binance Launchpad participants, as well as to the winners of the CelerX Tester Reward Competition. You may confirm receipt of these tokens via the “Distribution History” page in the User Center.
The Celer Network token sale was the third token sale conducted on Binance Launchpad. The first two were Fetch.AI (FET) and the BitTorrent token (BTT). The BTT sale concluded on January 28, with investors purchasing all 50 billion BTT tokens, worth of $7.1 million, in less than 15 minutes. The FET token sale raised $6 million dollars on February 25.
To note, CELER Network Token Sale or CELR token sale counts as the third token sale on Binance Launchpad – followed by Fetch.AI (FET) and BitTorrent Token (BTT). Specifically, the first token sale was BTT, conducted on January 28 and second being  FET, conducted on February 25 and reportedly raised USD$6 million.

So readers, what do you think about upcoming CELR trading on Binance? share your opinion with us
Image source – Binance official

The post Binance To Begin CELER Token Trading On March 25 With Three Trading Pairs appeared first on Coingape.
Source: CoinGape

KuCoin Shares [KCS] Soared in Double-Digit After Exchange Announced New IEO

Just like ICO trends owned crypto market in 2017, Initial Exchange Offering (IEO) is booming in 2019. KuCoin has recently joined the party of IEO with many other cryptocurrency exchanges to help blockchain projects raise funds. Consequently, the new IEO platform of KuCoin is called Spotlight just like OKjumpstart of OKEx (as reported by Coingape).
Following KuCoin’s IEO launch, its native token “KCS or KuCoin shares” started soaring the volume on the graph of Coinmarketcap. To make it clear, the idea is that KuCoin’s IEO or Spotlight will only support its native token, KCS meaning, any project that expects to raise funds with Spotlight IEO, will have to use KCS and let users settle transactions.

A new program of us, we name it Spotlight, is coming soon, and we believe it will be a launch platform for hidden gems in blockchain that have real potential and value. pic.twitter.com/SuQRN3WQRu
— Michael Gan (@gan_chun) March 11, 2019

At the moment, KCS is up with 12.16 percent over the past 24 hours. Accordingly, it seeks out to enter the round of 60th largest cryptocurrency, presenting sits on the 61st spot with trading value $1.17. Furthermore, KuCoin shares or KCS token held the average market cap $104,984,455.
Source: Coinmarketcap.com
At the time of reporting, KCS’s trading volume is split on KuCoin’s platform in difference trading pairs including KCS/USDT, KCS/BTC, KCS/ETH. NEO/KCS. XRP/KCS, CS/KCS, LTC/KCS. EOS/KCS and GO/KCS.
Image source – Coinmarketcap
As per the website and official announcement, anyone interested in Spotlight IEO will have to complete KYC in advance. However, not many details on KuCoin’s IEO is available at present. The announcement reads that;
KuCoin Spotlight will officially announce its first Spotlight project within this week. The Spotlight token sale is on a first-come, first served basis. The sale will be based on KCS and the actual price in KCS will be announced on the day of sale.
The post KuCoin Shares [KCS] Soared in Double-Digit After Exchange Announced New IEO appeared first on Coingape.
Source: CoinGape

Altseason is Separating Good Ones From Shitcoins: Expert Opinion

The following article is the rework of the thoughts put forward by Mati Greenspan, Senior Market Analyst at eToro.
Key Highlights:

Shitcoins and garbage ICOs of 2017 are losing their value
Volumes of crypto to crypto exchanges rose by 20% confirming Altseason
Cardano, Ethereum Classic, and IOTA spike

Over the past couple of weeks, there has been some significant movement in the altcoins which is put a question to many, whether are we actually in an AltSeason. There have some peculiar characteristics noticed, where The top cryptos have mostly been stable over the last week but there has been rapid fluctuation among many of the lower cap coins. there have been dozens of altcoins with massive gains and massive losses. Some of the top gainers have seen more than 200% returns and some of the losers are down more than 90%. Most of these coins have never been heard about before. Clearly, the shitcoins are getting separated from the good ones.
While there have been movements among altcoins, CryptoCompare new report gave out another signal that showed we are in an Altseason – the trading volume on crypto-to-crypto exchanges increased in February, outpacing December results, while the trading volume on fiat-to-crypto exchanges remained flat.
Source: Cryptocompare report
The data showed that fiat-to-crypto trading dropped from USD 73 billion in December 2018 to USD 63 billion in both January and February of this year. Meanwhile, crypto-to-crypto trading seemed to be thriving in the last month: having dropped from USD 142 billion in December to USD 131 billion in January, it more than made up for this drop by climbing to USD 157 billion in the shortest month.
While it confirmed the Altseason is currently going on, after some correction yesterday Three coins: Cardano, Ethereum Classic, and IOTA have already managed to shake off that move and are up today.
The post Altseason is Separating Good Ones From Shitcoins: Expert Opinion appeared first on Coingape.
Source: CoinGape

IOTA [MIOTA] Price Jumped 6 Percent Higher After FCA Regulated Firm Confirmed IOTA Crypto Payment Listing

While the leading cryptocurrencies are struggling to afloat – IOTA’s MIOTA crypto coin see a big gain of more than 6 percent within a couple of hours. At the moment, the coin trades at $0.31 in against US Dollar.
IOTA [MIOTA] Surged by 6.53%
With a strong bullish outlook over the short-term period, IOTA (MIOTA) sits at 14th spot with average trading volume $885,429,923. According to the data by Coinmarketcap, IOTA (MIOTA) looks too closer to grab the 13th position of Monero which stands with an average market cap of $904,282,55, declining with 2.72 percent within 24 hours.
Source: Coinmarketcap.com
Following the market, IOTA’ majority of the trading volume was split among Upbit, Binance, Bitfinex and Huobi Global. Upbit Contributed transactions as much as $9,938,691 in pairs of IOTA/KRW while Binance contributed transaction worth $6,956,747 in pairs of IOTA/BTC.
Zeux Push for Wider IOTA Adoption
As the coin blooms higher among the top 15 cryptocurrencies, many speculate that the surge is due to the latest IOTA listing announcement at Zeux banking service app. Consequently, it was announced on March 21, 2019, that the Zeux app is soon adding IOTA crypto following its partnership with IOTA foundation.
Zeux has teamed with the IOTA Foundation to create a system that will allow users to use MIOTA tokens as payment with merchants that accept Apple Pay and Samsung Pay.

We are excited to announce we are adding another #cryptocurrency #IOTA token for crypto #payments in @ZeuxApp https://t.co/MYnbon8btQ@iotatoken @frankjzhou @DavidSonstebo @DomSchiener @NickAyton @popochen888 @pomp
— Zeux (@ZeuxApp) March 21, 2019

Zeux is reportedly an FCA authorized financial service company which will be launched in April this year in Europe. Further plans to launch in the US in 2020 across various merchants including coffee shops and grocery stores. Per the reports, IOTA users can use MIOTA tokens at regular stores to buy any regular items, provided that such stores/shops are favoring Apple Pay and Samsung Pay systems – this is because customers can pay MIOTA for items via Apple Pay and Samsung Pay.
Also Read: Starbucks to Finally Accept Cryptocurrency Payments Through QTUM
Founder’s View
The Zeux app integrates all banking payments at its one app and the latest integration of MIOTA token will likely boost the adoption of crypto at large. As per the report, the company is free from fees for opening an account, money transfers, top-up or crypt payment commissions. Concerning the announcement, IOTA foundation’s founder, David Sønstebø says that;
This partnership with Zeux will provide a significant convenience benefit for IOTA ecosystem. We are very excited about this. Now IOTA digital currency can be used as payment with merchants that accept Apple Pay and Samsung Pay. By combining existing technology with another form of currency, this is a big step forward towards the adoption of crypto for the masses.
In similar regards; Zeux’s founder and CEO, Frank Zhou embraced the partnership with crypto player IOTA and stated that;
As a distributed ledger with zero transaction fees, The Tangle is a very promising chain for us to build our customer data Dapp. This marks another step forward in our journey. We look forward to working with IOTA and giving their customer base even more financial freedom.
So as for now, IOTA is still not integrated at Zeux app– rather the firm has announced the listing. As soon as the partnership news rolled, IOTA began seeing bullish run. Stay tuned to know when IOTA will finally be live on Zeux app.
The post IOTA [MIOTA] Price Jumped 6 Percent Higher After FCA Regulated Firm Confirmed IOTA Crypto Payment Listing appeared first on Coingape.
Source: CoinGape

Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange

Okex and Huobi Global have added support for USD Tether pegged to the US Dollar built on Tron. Tron Foundation built the ‘stable coin’ collaboration with Tether. Currently, the two Exchanges support three stable coins markets USDT-Tron (TRC20), USDT-OMNI, USDT-ERC20 (Ethereum). The token will be launched on 30th April 2019 on the Okex and Huobi Global Exchanges.
According to the press release by Okex:
In order to meet users’ demand for stablecoin trading, OKEx will support USDT-TRON, the TRC-20 based USDT token co-developed by TRON and Tether, as well as the airdrop for USDT-TRON holders.
…It has a TRON deposit address and uses the TRON network for depositing and withdrawal.
Rewards for Early Adopters and Tron’s Growth
The annual percentage return (APR) of the USDT-TRON token has been designed to give out rewards for its early adopters. The initial APR is 20% which will, however, reduce with time. Nevertheless, the program is supposed to roll out investments for a total of 100 days. The total amount of incentives will be $20 million. The incentives will be rewarded in USDT-TRON only.
Justin Sun has implored the users of the Exchanges to adapt to swap from USDT-OMNI – USDT-TRON.

#Hodl USDT-TRON to earn initial 20% APR in USDT-TRON. 100 day campaign. $20M initial budget no hard cap. Just sayin'. 😎 $TRX $BTT pic.twitter.com/jyo7QcrtbE
— Justin Sun (@justinsuntron) March 21, 2019

The Stable coin will be available on major exchanges, and the reward programs are lucrative. Therefore, the number of transactions on the Tron Network would increase significantly. Tron has built a vibrant ecosystem for Dapps and issuing digital asset. The move will foster the growth of Tron. It will also help the exchanges take advantage of the transaction capabilities of Tron which is considerably cheaper than Ethereum currently.
The returns proposed by ARP are highly lucrative. Will you swap your stable coins to earn the rewards? 
The post Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange appeared first on Coingape.
Source: CoinGape

Ripple Might Lose Its Banking Partnerships Due to the JPM Coin Phenomena

JPM Coin caused an uproar in the cryptocurrency and financial market with its introduction of the JPM coin. However, the chaos was non-directed; the purpose of JPM Coin was unknown. Moreover, its contribution or competition to the cryptocurrencies was also unclear.
Nevertheless, JPM coin received harsh criticism from the crypto community including Ripple’s CEO Brad Garlinghouse. The reason cited for the same was lack of interoperability. The general perception is that JPM coin is as an isolated centralized cryptocurrency. However, it seems that there is more to it that it meets the eyes.
Beginning of a Banking/Blockchain Revolution?
JPM Coin is built on a distributed ledger based on Blockchain. While the JPM coin does not add any economic value to the system, a variety of centralized blockchains can be made to interact with each other. Hence, JPM coin might not just be an isolated incident but the beginning of a Blockchain revolution in banking.
Proposed Schematic Diagram Of JPM Coin
According to Aaron Brown from Bloomberg:
” it (JPM) is designed to interact with any “standard” blockchain. It needs to be a blockchain to play with other blockchains and I think the distributed ledger means that JPM Coin will circulate outside the JPMorgan private blockchain. Those other ledgers might be private or public, centralized or distributed (probably mostly private and centralized), but the overall system is distributed. ”
Tokenization of the Economy
Furthermore, the increased interoperability between banks might also start to include other institutions in it. Hence, the centralized or decentralized entities will get an opportunity to transact in that ‘token’ as well.
While this will help the cryptocurrency markets as a whole, it might hurt the price of Ripple’s XRP massively. Until now the XRP’s investments are majorly driven on its partnerships with banks and financial institutions. Therefore, if JPM cryptocurrency starts to provide utility and execute transactions as efficiently as XRP; XRP’s demand would decrease considerably as Ripple would start losing its partners.
 “I think JPMorgan will earn seigniorage creating JPMCoin. I think the exciting potential is circulation outside the JPMorgan private blockchain.”
The post Ripple Might Lose Its Banking Partnerships Due to the JPM Coin Phenomena appeared first on Coingape.
Source: CoinGape

Tron Dapp Developers To Have An Improved Experience with 3.5 Version Hardfork Upgrade : Tron Japan

Tron continues to progress on its goal to providing the best ecosystem for Dapp developers. In a recent video update released by Tron Japan has spilled beans about Tron’s 3.5 version hardfork upgrade and how it has and continue to improve the Dapp developers experience on Tron’s ecosystem.
Tron moving quick to defeat EOS and Ethereum to become Dapp King
It was a great day for Justin Sun as he become the first in blockchain to get over one million followers on Twitter. As of today there is no one on the social media site more popular than the charismatic leader of Tron.

First one in Crypto world to break through 1 million in Twitter! #TRON #TRX $TRX #BitTorrent #BTT $BTT pic.twitter.com/7CeZFYKPuE
— Justin Sun (@justinsuntron) March 21, 2019

All this has been possible as Justin envisions things ahead of time and brings his vision into development making Tron an enviable project. The same seems to come true with TRON’s 3.5 version hard fork upgrade. The episode 10 of video update released by Tron Japan, just spoke about a few features of how power the upgrade is.

【All About TRON】#TRON 日本語グループが主催した番組「第十回 TRON 3.5ver Upgrade」是非ご視聴お願いします。 #TRX #BTT #暗号資産 #トロンhttps://t.co/VO9hjcCxq0
— TRON Foundation Japan (@TRON_JPN) March 21, 2019

The video speaks about this new upgrade which went live on Feb 28th and contains all information regarding the improvements that have been observed by the blockchain technology following the public chain upgrade. The video blog in particular highlights 6 new features that are integrated in the new update which include.

A better experience with superior performance and flexible event servers for the Dapp developers of Tron
A better main and backup feature that will increase the stability of the entire Tron network .
There have been mentions of improved security which would also help in improving safety of partial instruction of the TVM.
The upgrade also features additional optimization of duplicate removal-logic for transactions which is believed to improve the overall performance by 5% and will also better the competence of block broadcasting, and 50% reduction of resources usage
The upgrade also allows a real-time modification of energy upper limit based on the current status of the network with its Energy ceiling dynamic adjustment feature
There has been addition to Account access system and multi-signature which will permit users in setting access and corresponding account management with different signature for various accounts and multi party signature for single transaction.

While these are just the highlights the episode is fully loaded with more comprehensive information about why the hard fork upgrade is necessary and how it will make Tron a better blockchain ecosystem.
The video clearly portrays why Tron and its blockchain are considered superior than its competitors and how Justin Sun has been making Tron a top blockchain.
Will the 3.5 version upgrade take Tron price skyrocketing and help Tron claim the top 3 spots in near future? Do let us know your views on the same
 
The post Tron Dapp Developers To Have An Improved Experience with 3.5 Version Hardfork Upgrade : Tron Japan appeared first on Coingape.
Source: CoinGape

Tron: Games and Casinos Continue to Bring in Traction for Tron Dapps

Tron has been a great platform for Dapp’s because of its fast and secure network. This has led to a lot of traction among developers and users, especially from the gaming and gambling industry. And these to categories of Dapp’s continue to fuel growth for Tron allowing it to achieve great numbers in terms of transactions and users.
TRONbet still the top crowd puller
According to the recent tweet released by Rating Dapp, Tron has been achieving some great user and volume numbers on the back of its leading Dapps belonging to the gaming and gambling categories. According to the tweet, the top five Dapps on Tron’s network on March 19, 2019, are:

Live Crazydogs which had 6500 users with 48 first time unique users
TRONbet which had 4581 users with 634 first time unique users
EpicDragons which had 4473 users with 53 first time unique users
Tronwin which had 4247 users with 89 first time unique users
Lucky Slot 3715 users with 25 first time unique users.

🏆 #TRON Top #Dapps Mar 19
1️⃣ @LiveCrazydogs 👥6500 🆕482️⃣ @TRONbet 👥4581🔥 🆕634🔥3️⃣ #EpicDragons 👥4473 🆕534️⃣ @tronwin_io 👥4247 🆕895️⃣ #LuckySlot 👥3715 🆕25
🆕 Daily New Users: # of addr never transacted with the dapp before📊 https://t.co/gdieHO4EGV pic.twitter.com/RYzBiSxqWE
— RatingDapp (@RatingDapp) March 19, 2019

Even with the lowest number of Dapp compared to Ethereum and EOS, Tron has been able to rack some great numbers for its Dapp’s both in terms of users and volumes thanks to the seamless performance of games and gambling dapps.
TRONbet, the ultimate hero for Tron
With all the data that has come out of Tron with respect to growth, TRONbet has always been a major contributor. It has been one of the leading distributed apps (dApps) on the TRON (TRX) network, which recently had clocked USD 48 million in bets in a weeks time. In a couple of weeks, the user base of the Dapp has grown from 2600 to what it stands today at 4581.

Today we are proud to launch one of our biggest ambitions 💎. The new TronWallet #DAppStore will change how you see, use and create #DApps on #TRON. @Tronfoundation @justinsuntron
We can change the future together! 🚀#Visit now https://t.co/pB1cILLl7r and #start to #play #twx pic.twitter.com/USpIapT9cP
— TronWallet (@TronWalletMe) March 3, 2019

The  Dapp has recorded a 36% growth on daily active users and the transaction volume has already doubled.

@TRONbet resumed its attraction (by @Tesla lottery?), having a 36% growth on daily active users and transaction volume doubled. 523 million $TRX is pretty amazing. 🚀@MustacheTommy @Tronfoundation More about @TRONbet on @RatingDapp 👇https://t.co/thlHvysaYU
— RatingDapp (@RatingDapp) March 19, 2019

The attraction of TRONBet is not only for the gambling part of it but a form of token mining that occurs each time a user places the bet. As a reward, the users are paid in ANTE tokens, which end up redistributing the earnings of the casino. The payout for ANTE holders is in TRX coins.
Despite price staying stagnant, Tron is one of the busiest and active tokens. Backed by a strong team continuously developing projects, constantly adding tokens and users. And Dapps like TRONbet are making the project even more attractive for investors.
Will Tron continue its upward journey on the back of these Dapps or will it just give out? Do let us know your views on the same.
The post Tron: Games and Casinos Continue to Bring in Traction for Tron Dapps appeared first on Coingape.
Source: CoinGape

Ontology [ONT] Sees Epic Rise of 24 Percent Following 200,000 ONG Trading Competition

Ontology (ONT) is the only blooming cryptocurrency among top 20 coins with as much as 24 percent over the past 24 hours. At the moment, the coin sits on 17th spot, moving upward to enter the market cap of 15th largest coin.
Ontology (ONT) Surged Again
On one hand trading volume of leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP doesn’t appear to be in a thrilling graph – Ontology (ONT), on the other hand, sees an epic rise of 24 Percent within a couple of hours. Consequently, as per the data provided by coinmaketcap, ONT is trading at the value $1.38 against USD and as such, its average trading volume counts $681,067,252.

Majority of trading volume of ONT coin comes from exchanges like Bit-Z, Huobi Global, Binance, DigiFinex, OKEX, Gate.io, Upbit and unlike. Although Bit-Z contributing as much as $34,690,324 with pair of USDT, Binance, DigiFinex, OKEx, and Huobi are contributing to multiple pairs including USDT, BTC, KRW, ETH and more.

However, there’s no recent listing that could directly link with the surging volume of ONT but analyzer is closely connecting the spike is a result of Ontology’s giveaway of 200,000 ONG token (Ontology Gas) among traders as a celebration to mark their listing anniversary on Binance cryptocurrency exchange. Accordingly, trader with higher trading volume of ONG at Binance excahnge (between 14-21 march) was supposed to win a prize. For those who don’t know the connection between ONT and ONG, Ontology Network uses dual token – ONT is the coin used for staking in consensus whereas ONG is the utility token.

$ONG Trading Competition – 200,000 $ONG to Give Away!https://t.co/aXqFYRtA2s pic.twitter.com/g9QXhS4K29
— Binance (@binance) March 13, 2019

Moreover, on March 19, Mobile digital currency wallet called ‘Banko Wallet’ announced to support ONT token along with ONG token as well as Ontology DApps. The announcement reads that;

Banko Wallet now supports ONT, ONG, and Ontology dApps. Banko Wallet brings along its 7,000+ active dApp users and provides quality crypto asset management services and user experience for the Ontology community. Read more and download at: https://t.co/nspCDOhm0d. $ONT $ONG pic.twitter.com/hZ6B8KiG71
— Ontology (@OntologyNetwork) March 20, 2019

Besides this, speaking with CNBC media, Ontology founder Li Jun also revealed that the firm is now working with Lanxess Chemicals company on chemical supply chain tracking.

Talking with CNBC, Li Jun mentioned Fosun has finished their Ontology-based loyalty points solution, improving their system which has 100 million users. He also shared that Ontology is working with Lanxess on chemical supply chain tracking. https://t.co/bBYjSG0qHu $ONT $ONG
— Ontology (@OntologyNetwork) March 21, 2019

The post Ontology [ONT] Sees Epic Rise of 24 Percent Following 200,000 ONG Trading Competition appeared first on Coingape.
Source: CoinGape

Will Ethereum be the King of Dapps again in 2019?

2018 was definitely a forgetful year for Ethereum and Vitalik. Everything that could go wrong for the coin has gone wrong bringing the whole Ethereum Dapp ecosystem to a standstill like the situation with congestion and scalability issue. But with 2019 and Constantinople upgrade implemented, things seem to be returning to normal for the coin.
Is Ethereum inching up to regain its lost Dapp supremacy?
Ethereum was the one that introduced the world with the concept of smart contracts that laid the foundation and later expansion of dapps and formation of projects like Tron and EOS which now are competing and trying to take the crown away from Ethereum itself.
Vitalik had big plans for Ethereum in 2018, all seem to come crashing down. In January 2018, Vitalik had said in a statement to Tech Crunch that
“I expect 2018, at least within the Ethereum space that I’m best able to speak about, will be the year of action. It will be the year where all the ideas around scalability, Plasma, proof-of-stake, and privacy that we have painstakingly worked on and refined over the last four years will finally turn into real, live working code that you can play around in a highly mature form in some cases on testnets, and in some key cases even on the public mainnet. Everyone in the Ethereum space recognizes that the world is watching, and we are ready to deliver,” said Buterin.
But as the year progressed, the congestion and scalability issues increased and the whole Dapp ecosystem for Ethereum came to a freeze. Ethereum not only lost its market value but also a lot of Dapps with questions looming on its future.
After a yearlong struggle, now, with a solution for scaling their network along with Proof Of Stake, things seem to fell in place. These are initial steps which ultimately will cause creating Ethereum 2.0 with the ability to process up to 1 million transactions, which would send the crypto to the list of the fastest cryptos in oppose to its current ability to process around 15 Tx per second. These projects which are dubbed as Serenity and Casper are expected to bring Ethereum back in the game.
Ethereum seems to get its cards right but it will have to move things faster. Any more delays in upgrades and improvements would mean Ethereum losing more that it will be gaining.
Will Ethereum’s dev team deliver on its timelines and make Ethereum great again? Do let us know your views on the same.
The post Will Ethereum be the King of Dapps again in 2019? appeared first on Coingape.
Source: CoinGape

EOS Tightens its Dapp Ecosystem Against Tron and Ethereum As Block Producers Vote on Referendums

EOS Dapp ecosystem has been under question with respect to its security issues and breaches which the project has faced over past one month. Hence to tighten up its grip and stay in the race, Block Products have put in a few referendums to keep the project in the race of the Dapp Ecosystem supremacy against Tron and Ethereum.
Combating Fraud and Improving security of Dapp’s key for EOS
EOS has been in news for a month or so with respect to its security concerns and attacks on Dapp.  Hence the team of block producers has been making every attempt to up its game against Tron and Ethereum. The Block Producers voting model at EOS which votes for referendums before making any changes to project currently shows that there are 74 referendums which are currently under voting out of which 7 would be directly or indirectly affecting Dapp ecosystem.
The Reviews which are critical to security and towards reducing fraud and scams are being highlighted and most have got incomplete positive votes. There is also a proposal that suggests a self-governance model. The Referendum and its status are as follows

Self-governance idea: The community or the bp’s should create a list of good business practices for decentralized dapps, exchanges, or any services executed by EOS – 100% Yes- 12 May 2019 being the last day
Reduce SCAMS by Creating an EOS Platform I.D. So, Any Dapp or Website Can Match that I.D. With Any Trusted Wallet. – 100% yes – 13 June 2019 is the last day
WHITELIST approved sites to interact with chain-100% Yes- 31 May 2019 is the last day
Lets Combat FRAUD & SCAMS by Creating a Website Checker Dapp- 100% Yes- 30 May 2019 being the last day
Let’s get Dapp developers to give a portion of airdrops to incentivize users to participate in voting-100% Yes- 20 May 2019 being the last day
EOS Account Alert Activity Feature Idea-86% Yes- 21 May 2019 being the last day

The referendums clearly state that the block producers and the community is really concerned about the attacks and wants EOS to be a full proof ecosystem for Dapp’s and thrive the competition from Tron and Ethereum.
EOS Block Producer Model Questioned
A couple of weeks back an error made by a newly-elected EOS Block Producer allowed 2.09 million EOS tokens to be moved from a blacklisted account. The community update did try to explain what went wrong but The exploit has widely been referred to as a hack. games.eos became the latest entity to achieve block producer status, it failed to correctly update the list of blacklisted accounts. This allowed one blacklisted account to quickly move 2.09 million EOS tokens to other addresses, spreading them throughout the network faster than other block producers were able to react.
Also recently, EOS Dapp Fishing Joy was hacked By transaction blocking technique which also was done by technologically fooling the block producers model. In January 2019 same happened with “IDice“ where deferred transactions scheduled another deferred transaction and other BPs likely pick up the deferred transaction again.
One can just hope these Referendums to bring changes for the betterment of EOS and help them stay in healthy competition with Tron and Ethereum
Will EOS be able to solve its issues and compete with Tron and Ethereum in the battle of Dapp supremacy? Do let us know your views on the same.
The post EOS Tightens its Dapp Ecosystem Against Tron and Ethereum As Block Producers Vote on Referendums appeared first on Coingape.
Source: CoinGape

Zcash Gets A Positive Push In Price With The New Bitmain Antminer Z11

Bitmain, the largest manufacturer of cryptocurrency mining hardware in the world has released a new Antminer 11 hardware for Equihash Algorithm. The cryptocurrencies that currently follow Equihash protocol are Zcash, Bitcoin Gold, Komodo and so on.
The price of Zcash – $59.87, was trading 6.5% higher on the daily at 11 00 hours UTC on 20th March.
According to Bitcoin, the new Antminer Z11 will provide three times the hashing power than its predecessor Antminer Z9.
The new Antminer is now pre-selling on Bitmain’s official website and will start shipping shortly.
Antminer Z11: Most advanced Zcash Miner
The Antminer Z9 will offer a hashing power of 135 Ksols/s. Built on the most advanced microprocessor technology at Bitcoin, the miner is lighter than Antminer Z9.
Zcash has advocated ASIC resistance for a long time; however, in June last year, the Zcash Community decided to focus on other developments and updates.
Furthermore, Bitmain has also pledged towards transparency and uphold the Zcash community values by maintaining transparent shipment records for the new age miners. According to their blogpost:
To this end, we will tweet real-time updates from our QA teams and shipping warehouse via our official account (on 19th June, all Tweets, including these Z9 mini updates, relating to Antminer series and all other products sold on shop.bitmain.com moved to twitter.com/Antminer_main), using the hashtag #Z9QA.
Zcash Price Analysis
The Zcash ticker increased by 16.5% momentarily on 20th March where the price recorded gains from 0.0138 BTC to 0.0168 BTC. However, it corrected to 0.0148 soon as the HODLERs booked profits in the short term.
Zcash/BTC 1H Chart on Bittrex
A significant rise in trading volume with a huge buy wall pushed the price of Zcash. Nevertheless, it lost is momentum almost instantaneously due to lack of market support.
Moreover, with increased mining efficiencies, the GPU miners who were bearing a loss until now can resort to more profitable hardware for mining Zcash. The increased sustainability for miners reinforces the strength of the Zcash Community.
Do you think the GPU mining age is over with Zcash and Ethererum? Share your views with us.
The post Zcash Gets A Positive Push In Price With The New Bitmain Antminer Z11 appeared first on Coingape.
Source: CoinGape

TRON – Dubai Based Digital Assets Exchange Added TRX Support in Three Trading Pairs

TRON (TRX) keeps on rolling with the newest adoption across various trading platforms. Announced on March 19, ADAX, Dubai based digital asset exchange-listed TRX against three trading pairs – namely, USDT, BTC, and ETH.
Powered by Arabtizor Holding Inc., as an online portal, ADAX or Arab Digital Asset Exchange is an online crypto exchange in the Arab world. The exchange supports minimum cryptocurrencies on its platform – Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), NEO (NEO), XRP, Qtum (QTUM) and Ethereum Classic (ETC). Per the recent announcement, ADAX users can now access to 10th largest cryptocurrency, TRX with pairs of USDT, BTC, and ETH.

We are delighted to announce $TRX @Tronfoundation @TRON_AR as one of the leading digital assets listed over ADAX Bitcoin Exchange against 3 pairs: TRX/USDT, TRX/BTC and TRX/ETH pic.twitter.com/Sz4g73s1n9
— ADAX (@ADAXarabia) March 19, 2019

Justin Sun’s TRX is on the booming era of adoption – as such, Coingape recently reported ABCC exchange was the latest to add TRX on its platform. Following ABCC partnership with Tron foundation, TRX is now available of ABCC exchange as a base trading currency.

Thank you @CoinGapeMedia for covering the latest developments in the ABCC and @Tronfoundation partnership! #TRX has been added as a base trading currency, with more TRON projects expected to come onboard ABCC! Read the article for morehttps://t.co/YfR4BnMyZb
— ABCC Exchange (@ABCC_Exchange) March 19, 2019

With the continuous listing announcement by platforms like ABCC, ADAX and NovaDAX South American exchange, TRX at the moment sits at the 10th spot, gaining 0.26 percent over the past 24 hours. As such the value of one TRX crypto counts  $0.02 and the average market cap valued $1,534,562,066.
                              Image source – coinmarketcap.com
So readers, what do you think of TRX being listed on ADAX exchange? share your thoughts with us. 
The post TRON – Dubai Based Digital Assets Exchange Added TRX Support in Three Trading Pairs appeared first on Coingape.
Source: CoinGape

Monero [XMR] Records 5% Higher With Tor Project Preferred Donation in XMR

Monero is on a quick race to record new volume – at the moment, Monero or XMR token surged 5% higher within 24 hours. The increasing volume can directly connect to its latest adoption by a non-profit organization called Tor Project.
Monero (XMR) Available for Donation
As per the reports, XMR cryptocurrency is added to the Tor project to accept the donation in the form of XMR token. Being a non-profit organization, the Tor project develops technologies for open-source privacy and anonymity. Per the reports, the project is already supporting other cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), ZCash (ZEC), Augur (REP), Dash (DASH), Stellar Lumens (XLM), Litecoin (LTC). Upon XMR listing, the Tor project now supports nine cryptocurrencies in total.

You can now donate various cryptocurrencies to support @torproject! #bitcoin #litecoin #DASH #Ethereum #augur #Zcash #xmr #StellarLumens https://t.co/AQn7choEIt
— Sarah Stevenson (@elkakai) March 18, 2019

Since XMR is famously known as privacy coin, its demand across the industry that requires discretion is booming. As such a redditor stated that;
“If you are going to donate to privacy oriented projects then you should do it with Monero unless you want to end up on yet another list.”
Reports further shared Tor Project’s insights of leaving Bitpay, a crypto payment platform and launching their own private wallets. Parting from Bitpay for its donation process, the firm is reportedly reviewing lightning network as well.

Now that we have the direct wallets, we’ll phase out Bitpay if people aren’t using it.
— Sarah Stevenson (@elkakai) March 18, 2019

XMR Records 5% Gain
Following the move, XMR has quickly jumped to $56 value against the US dollar and sits comfortably on the 13th spot. Consequently, it holds a gain of 5.03% within a couple of hours and enjoys the average market cap of $949,582,938.

Founded in the year 2014, Monero is often considered as a privacy-centric project. In similar regards, Weiss rating’s recent poll revealed Monero is the preferred privacy coin in comparison to Zcash and Dash. On March 18, Weiss ratings’ poll result revealed Monero grabbed first preference as privacy coin with 54% votes, Zcash with 27% and Dash with 19%.

#Monero is making encouraging price moves, which #privacycoin do you favor?Pick one, or add yours in the comment section below!#Zcash #Dash #ZEC #XMR
— Weiss Ratings (@WeissRatings) March 18, 2019

So-called, PrivacyCoin is hugely used among confidential transactions – subsequently, Monero’s increased awareness can be spotted in the Porn industry as a means of payment. This is due to the fact that privacy Coin’s transactions cannot be traced and as a result of increased demand, many porn websites have started accepting XMR as a payment to many subscribers on their sites.
What do you think about XMR’s increasing adoption? share your thoughts with us.
The post Monero [XMR] Records 5% Higher With Tor Project Preferred Donation in XMR appeared first on Coingape.
Source: CoinGape