Nummi: A new cryptocurrency exchange set to launch in South Africa

Nummi

Nummi, South Africa’s newest cryptocurrency exchange is set to launch in the Republic of South Africa.  Nummi is a trading platform where users and traders can buy, sell, exchange, and trade Bitcoin, Bitcoin Cash, Litecoin and NEO. Ethereum trading option will be launched soon as well.

Nummi, plural for Nummus, is a Latin term for the coins used in Roman and Byzantine times. Today, people can buy and trade digital coins using an exchange named after the coin used centuries ago.

Nummi’s mission is to become one of the leading crypto exchange platforms in Africa and around the globe.

Low fees

Nummi is making it accessible for everyone to have a chance to become a part of this financial system from where they can be empowered to buy and sell in the global online economy. 

Nummi Co-Founder and CEO Teboho Busa said:

 “The real intent of cryptocurrency was to free people from controlled financial systems that charged high transactional and monthly fees, but I have now realised that even the existing exchanges we have in SA are going back to what we were supposed to be freed from – high fees.  So that is why at Nummi we decided to drop our fees.”

Referral program

Nummi has a unique referral program allowing users to earn commission on every trade they make by referring family and friends. 

Teboho said “We are the first exchange to share our profits with users and traders.  When our users register, they receive referral links that they can share with family and friends.  We pay up to 25% for all ZAR trades on every trade executed by their referrals. We pay for every trade made; it is not just a one-time referral program.  No exchange in South Africa does that.”

Nummi also pays commission on trading fees for all Crypto trades.

“Our ZAR trading fees are 0.7%, we share up to 25% of that with our users, meaning our actual fee is about 0.50%.  Our Crypto trading fees are 0.35% and we share 25% of that with our users, we, therefore, end up with 0.26%.” 

To learn more about the Nummi referral program go to https://nummi.trade/referral-program.

Security 

Nummi developers spent 3 years creating the platform, making sure it is safe and secure for their users.  Using two-factor authentication adds that extra layer of security that provides users the assurance to confidently trade on Nummi.  

September launch

Nummi is launching in South Africa on September 9 when you can register, add a profile and upload your KYC (Know Your Customer) documents.  Wallets for deposits and withdrawals are available from September 16, and trading starts on September 21.

Currently, you can use Nummi in South Africa for exchange in the local currency, but users from all over the world can participate in crypto to crypto trades on Nummi’s platform through different fiat pairs and deposit options that are currently in the pipeline.  

“Disclaimer: this is a paid for, sponsored article. [COMPANY NAME] is the source of this content and is responsible for the content, and the accuracy of the content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This article is for informational purposes only. The information does not constitute investment advice or an offer to invest.”

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Bitcoin Technical Market Analysis 29th August 2019

Every silence must once be interrupted by a loud cry. Every stop should end. No one has canceled the cyclicality, and it is proved by the break of the blue triangle down, the same that we have written about in the recent analyzes. On Wednesday, Bitcoin sellers managed to make a serious difference to the market by breaking the bottom trend line of the triangle. Interestingly, this breakthrough came from local highs:

Bitcoin Technical Market Analysis 29th August 2019

That is, buyers made an unsuccessful attempt to break through the upper trend line of the triangle. Then sellers did not take incremental steps to reach the lower trend line to break it. They did with a help of a one-hour candle! As we can see on the hourly timeframe, the volumes were quite high to believe the trend line breakthrough. In addition to the volumes, we can see that the candle is practically without a pin and its length is approximately 6%.

Therefore, we think that after the dance in triangle, the market has entered a new phase. Namely, the continuation of the fall and the test of the price zone $9,200-9,300 at least. On the daily timeframe, we also see a clear triangle breakdown. And also a sure red candle of sellers, which tells us that it is just the begining:

Bitcoin Technical Market Analysis 29th August 2019

As for the mood of buyers in the market, we will not say that it has changed dramatically. During this fall, Bitcoin buyers were trying to increase their marginal positions:

Bitcoin Technical Market Analysis 29th August 2019

This fact indicates that buyers do not believe in a serious downward trend and try to buy at the first best price fall. I wonder if this trend will continue in the future.

Bitcoin seller confidence is not growing at the pace it should be with serious intent, but it is growing:

Bitcoin Technical Market Analysis 29th August 2019

According to the wave analysis, sellers were able to create a new wave of fall, which stopped at 50% Fibonacci level:

Bitcoin Technical Market Analysis 29th August 2019

Our scenario continues to be relevant and we expect the test of the next Fibonacci level 61.8% with a final target $8,200.

It is only the middle of the week and the passions are coming to the boil. However, given the weakness of buyers who have been unable to renew their positions after a sharp fall, after a little consolidation, the fall likely will continue. We are wondering how the week candle will close and we will be analyzing the probability of fall continuation to $9,200-9,300 this week. In the meantime, we’re following the triumph of Bitcoin sellers!

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Daily Trending News and Market Sentiment: CME Futures High, $10 Billion Blockchain Market Projections

bitcoin

Bitcoin price continues in its current trend of sideways trading, with barely 2% between the daily high and low and now trading just around USD 10,240, only half a percentage point above yesterday’s price at the same time.

Not much news is moving the market, although long traders will be noting the reports that CME Bitcoin futures today reported a new high, with an average daily trading volume of USD 515 million in May 2019. CME Group managing director Tim McCourt told Forbes that this record-setting month was down to futures that were “trading an average of more than 13,600 contracts each day, equal to ~$515 million in notional value or 68K equivalent bitcoins”.

1: Bitcoin average price is $10253.3726612 (0.01% 1h)
2: Ethereum average price is $186.250549857 (-0.59% 1h)
3: XRP average price is $0.2651293806 (-0.43% 1h)
4: Bitcoin Cash average price is $302.42725131 (-1.59% 1h)
5: Litecoin average price is $71.7764107681 (-0.54% 1h)

— Top Cryptocoins Ticker (@TickerTop) August 28, 2019

McCourt reflected on an increasing interest domestically and abroad in the underlying technology of Bitcoin:

“It will be interesting to see how this new market continues to grow and scale. For us at CME Group, a major focus is education, and making sure our customers have all the tools they need to make solid strategic decisions around crypto.”

Meanwhile, nothing but good news from research firm ABI Research, which found that at current growth rates, blockchain tech would fuel a global revenue pushing USD 10 billion by 2023.

ABI gives the credit to venture capital, which has more than made up the ground for dropping levels of ICO funding. It reports that 620 VC rounds had gathered USD 3.1 billion in 2018, up from 153 rounds at USD 850 million in the previous year. ABI blockchain and digital security research director Michela Menting explained:

“Tighter regulation (including securities) and taxation (as foreign currency, income, financial asset, etc.) on cryptocurrencies in a number of countries are prompting investors to look beyond ICOs towards more stable VC-based investment for blockchain startups focusing on support infrastructure, retail, supply chain and enterprise applications.”

 

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Bitcoin Technical Market Analysis 27th August 2019

Bitcoin Technical Market Analysis 27th August 2019

Our excursion through the blue triangle continues. After two false breakdowns, the first one by Bitcoin sellers and then by buyers, the market participants moved into a quieter line of fight. After the unsuccessful attempt of buyers to fix themselves above the price range of $10,350-10,500 (in fact, after a false breakdown of this zone, buyers could not go beyond $10,350-10,500), sellers decided quite elegantly and touched the trend line of the triangle. Buyers responded actively and with increased volumes. It is perfectly visible on the hourly timeframe.

Bitcoin Technical Market Analysis 27th August 2019

With increased volume, the candle looks small and inconspicuous, there at the main part of the candle is a pin. A further test of the lower trend line is ahead, which should show that buyers control the situation. Then buyers will have a new chance to test $10,350-10,500.

On a daily timeframe, everything looks much more boring:

Bitcoin Technical Market Analysis 27th August 2019

Banal consolidation, which lasts for a long time in the working range of 3% (not including pins). After such consolidation, strong movement should be expected. To the naked eye, we can see the range within which Bitcoin seller false breakdowns begin. It is $10,000-10,200.

Bitcoin Technical Market Analysis 27th August 2019

Therefore, in order not to throw unreasonable speculations as to which direction the price will break consolidation, we would better focus our attention on two price marks: $10,000 and $10,500.

Buyers are no less mysterious on the chart of their marginal positions:

Bitcoin Technical Market Analysis 27th August 2019

In fact, the picture on the BTC/USD pair chart and on the marginal positions chart is identical.

Sellers are behaving more interestingly and as we see, they continue to increase their positions:

Bitcoin Technical Market Analysis 27th August 2019

In our previous analysis, we pointed out a large number of sellers breakdowns. However, there are not enough simple breakdowns for reversal. It is important that buyers have enough strength, which we do not see right now. According to the wave analysis, we still think that the fall is not over yet and sellers should test $9,300-9,400:

Bitcoin Technical Market Analysis 27th August 2019

Now our stop has fallen to the level of Fibonacci 38.2%. We think by the end of the week, the breakdown will happen. So we keep calm in our hearts and wait for signals (break through $10,000 or $10,500). See you in the next Bitcoin analysis!

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Ethereum Technical Market Analysis 27th August 2019

Ethereum Technical Market Analysis 27th August 2019

The longer the silence is, the more likely those who were wrong will suffer from preinfarction syndromes and the more likely those who weren’t will cry tears of joy. The silence in Ethereum coin trading continues and the triangle which has formed from 15 August is already over. We will have to make a decision soon. But which one? Let’s try to understand today.

Over the past two days, Ethereum sellers have tried several times to break through the bottom trend line of the triangle. At one point, it was on increased volumes, but there was still not enough:

Ethereum Technical Market Analysis 27th August 2019

According to the chart, we see that the market participants have left to play ping pong for no more than two days; after that, the moment of truth will come. Although in such cases, predicting price movements is a thankless thing, as calculating the probability in triangles is a whole science, which apparently no one knows perfectly. However, looking on the power of buyers, which is virtually absent, we think that the price will go down (it is visible on volumes).

Nevertheless, as well, we do not see the preconditions for the price exit from the wedge from the side of sellers. Local lows become less dangerous and the price is clearly slowing down. The next target after breaking the triangle down is the price zone of $155-160. After breaking the triangle up (alternative scenario), a serious test for buyers will be the price mark $225.

In spite of our pessimistic forecast, buyer mood is wonderful:

Ethereum Technical Market Analysis 27th August 2019

As we can see after a sharp increase in positions, the correction takes place in a narrow hollow channel. The correction is ready to end in the direction of increasing positions at any moment.

For example, Ethereum sellers decreasing their marginal positions more sharply:

Ethereum Technical Market Analysis 27th August 2019

Sellers can not break away from the historical low.

According to the wave analysis, for a long time we do not see changes and we expect breakthrough of the price $175, in which the wave (Y), which started on 6 August, will be equal to the wave (W) * 0.382:

Ethereum Technical Market Analysis 27th August 2019

The next important level of Fibonacci is 50% in the price of $155. Since Ethereum buyers have failed to fix above the price mark $200, we are still not considering the growth scenario. We will expect dynamics in the market as the summer goes by and it is time to work. We wish you good trades! See you on the Thursday Ethereum analysis.

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Daily Trending News and Market Sentiment: Court Rules Craig Wright is Faketoshi

bitcoin

Bitcoin price today continued in its sideways fashion, having lost some of yesterday’s momentum to slide dangerously close to four-digit levels, recording a daily low of USD 10,042 as North American markets opened hours ago (CoinDesk).

1 BTC Price: Bitstamp 10144.15 USD Coinbase USD #btc #bitcoin 2019-08-27 11:10 pic.twitter.com/gzRJ6JuBBz

— coinOK (@coinok) August 27, 2019

The ongoing litigation saga of Craig Wright and his claim to the Satoshi Nakamoto legacy appears to have finally come to its knees, with a revelation yesterday that the US District Court for the Southern District of Florida has rejected Wright’s testimony in the Kleiman v Wright case.

Bad news BSV.

KLEIMAN AWARDED 50%IP AND BITCOIN MINED BEFORE DEATH

JUDGE REJECTS ALL CSW TESTIMONY

FINDS CSW PERJURED LIED FALSIFIED DOCUMENTS

— 22nd Century Crypto (@22centurycrypto) August 26, 2019

A Tweet from an alleged court audience member reports that the court found that Wright committed perjury when he lied and produced falsified documents to prove his identity. TheBlockCrypto reports that the courts have ruled that the Kleiman estate should receive 50% of the 1.1 million bitcoins allegedly mined by David Kleiman with Wright between 2009 and 2011.

As of now, there is no written court order yet to confirm this news, but if proven to be true, it would be a huge setback for Wright and Bitcoin SV, that has curiously not suffered any price plunge from the news. Not that BSV, as a fork of a fork of Bitcoin, doesn’t already have enough in a series of bad news to keep in mired in a bad reputation for a long time to come!

Some other Tweets pointing out that Wright actually has no Bitcoin at all to give back, and that the admission that these were mined together actually proves he is Nakamoto, is why BSV has stayed afloat.

Ours not to question why, ours is to Bitcoin or die, an objective Bitcoiner would say.

 

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Identity Management on Decentralized Ledgers: Thumb Print of the Digital Era

identity management

Decentralized ledgers employed by blockchain technology have opened the possibilities for a multitude of new applications and functions. But few of them are as groundbreaking and potent as the idea of identity and personal information management.

Blockchain identity management is a concept that uses a digital verification and authentication based on the decentralized ledger technology. Blockchain identity management tools leverage the user’s device to store and encrypt data rather than in a central database and uses encryption to connect data blocks across multiple virtual networks. This ensures that every information block stores a complete and accurate copy of all records, which cannot be altered or misused without being noticed by the entire network.

The use of digital media for data transmission, especially in the domain of user identification, has increased dramatically in recent years. And naturally so has the need for decentralized information solutions that protect sensitive information from any unauthorized access and cyber-attacks. The global business scene has seen digital media platforms’ service-based models capture a notable market share in the blockchain identity management market. Similarly, government regulations like the NDB scheme in Australia, the European Union’s GDPR, and cybersecurity requirements of New York State financial services companies have also iterated on the pressing need for identity management in the context of business and personal users. 

Some of the key players in the blockchain-based identity management arena include the likes of Civic Technologies, Inc, EVERNYM INC, Cambridge Blockchain, LLC, IBM Corporation, Netki, SelfKey Foundation, NewBanking, Oracle, UniquID, Inc, PeerMountain, and uPort, among many others.

Now the question beckons, how does the decentralized identity operate in the digital world? Decentralized Identifiers (DIDs) is essentially a new type of identifier for verifiable digital identity that could also be seen as a “self-sovereign” entity. What this implies is that DIDs are fully controlled by the DID subject, which is independent of any centralized point of control, registry, identity provider, or certificate authority. This also means that the DID subjects have complete control over their own identity and usage. These systems of decentralization have been the subject of attention and research from several large corporations, such as IBM, Microsoft, and the Decentralized Identity Foundation (DIF) working group.

The integrity and completeness of such a system can be ensured by implementing a collaborative approach that involves data claimers, verifiers, attesters, and many other types of middlemen that facilitate the management processes. The introduction of the “human intervention” into the previously automated system makes it a fully-decentralized system. 

This also increases the significance of the middleman’s role to ensure a functional and convenient environment for each stakeholder. A company called Kilt Protocol has been working in such a position within the decentralized identity management field for quite some time now.

As data would create business value using their own data, failure to adhere to the protocols would lead to hefty penalties, with data collectors working as middlemen and moderators in this case. To dilute the power and influence of data collectors roles such as primary validators and secondary validators (i.e., validators of validators) can be established to establish a balancing triangle of power while maintaining the relationship between all relevant stakeholders.

If this system is implemented in a hypothetical world, everyone in the system would have complete ownership of the mountains of data produced each day. Individuals can claim the rights to the record of every purchase and every communication that would be stored on the common ledger. If the users have a change of monetizing an individual’s data, they must get approval and share the proceeds from all stakeholders. Thus the userbase is mainly divided into two groups: people who would like to monetize their personal data, and the second those who block all personal data to be used in any further applications.

Even if we assume that only 50% of the population decides to deal with the risks and opportunities of sharing their data, the profits and opportunities are endless. 

Bodies like DIF and the International Organization for Standardization (ISO) have established standards for simplifying the data management processes. But obviously due to the very nature of decentralization, not everyone can enforce these rules, and some individuals who are the owners of their data may find a particular standard too inconvenient or pricey to manage, while someone else might prefer another, more compatible standard, resulting in the coexistence of multiple regulations and implementations.

Although living in an ever-changing world of technological advancement, the field of decentralized data is still relatively new and unchartered. Thus, the further evolution and unearthing of the unique characteristics of public blockchain protocols still remain to be discovered and will be subject to fierce innovation and debate for many years to come.

 

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Bitcoin Technical Market Analysis 26th August 2019

Bitcoin Technical Market Analysis 26th August 2019

The new week began with a positive green note. Bitcoin buyers managed to test a price mark of $10,700 with the help of a single candle on a 4-hour timeframe. Of course, buyers could not fix above $10,350-10,500, but this volume explosion caused sellers to open their eyes at least. A typical consolidation situation happened where sellers got caught a “minefield” of buyers by breaking the price mark of $9,900. The hourly timeframe clearly shows the nature of the price reversal:

Bitcoin Technical Market Analysis 26th August 2019

After an uncertain breakdown of $9,900 over the next 2 hours, Bitcoin buyers felt no pressure or danger from sellers and calmly, without much difficulty, were able to raise the price by 5% in one hour. After that, the activity of buyers ended and the price is trading below the price zone of $10,350-10,500. What could have caused such a sharp reversal? Analyzing the seller marginal positions, we can see that the sharp decrease of their positions exactly coincides with a crazy buyers candle:

Bitcoin Technical Market Analysis 26th August 2019

Also, the chart shows that initially, sellers at local lows increased their positions (when the price tested $9,815) and after this mistake, positions began to close sharply.

An interesting fact is that buyers initially also closed their positions during the test of $10,700, but these positions were bought out by other interested buyers:

Bitcoin Technical Market Analysis 26th August 2019

As a result of these actions, a noticeable pin has been formed. Although, globally the marginal positions of buyers continue to be traded in a narrow consolidation on the daily timeframe.

As for the daily timeframe, what we wrote about in the previous analysis happened. After making a lot of false breakdowns, sellers retreated as soon as the new week began:

Bitcoin Technical Market Analysis 26th August 2019

To continue the implementation of our scenario, sellers need to fix themselves below $9,900 and test $9,400 this week. However, due to their current weakness, the scenario may change towards buyers. In any case, the price is still drifting in the undefined zone. And we still have not seen a fix below $9,900 and above the price zone of $10,500-10,600.

According to the wave analysis, the situation has not changed in any direction yet. We are still following the correction after the falling wave of 20 August:

Bitcoin Technical Market Analysis 26th August 2019

If buyers manage to break through the blue line of the triangle, then the road to $11,000 will be open for them. We expect a real changes on the chart and do not pay attention to the sharp movements within the triangle. This is all just to get you in the wrong position. See you in tomorrow’s Bitcoin analysis!

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Daily Trending News and Market Sentiment: $100 Billion Bitcoin Realized Market Cap, Keiser Price Explosion

bitcoin

Monday today seems to be a departure from the past few weeks, where trends and sentiment seem to be against the grain of Sunday, with price today climbing well above the highs of the entire weekend, registering USD 10,624 at almost exactly 8:30 am Shanghai time (CoinDesk).

Asian trading hours have wound down right now but Bitcoin is still rather positive, priced at USD 10,345 during Central Europe high noon. The 5% jump in price that happend in mere minutes already has long-time Bitcoin advocate and RT host Max Keiser blurt out another call for a bull run, saying that the “coiled spring” was only waiting to “explode higher”.

#Bitcoin is a coiled spring about to explode higher.

— Max Keiser, tweet poet. (@maxkeiser) August 25, 2019

This unexpected price boost is hardly atypical to Bitcoin, but there are sure to be more commentators who will now feel a fresh injection of optimism in the final week of August. Like Keiser, they will be picking up old evidence of improving network statistics such as gaining hashpower in the Bitcoin network, increased volumes in transactions, as well as increasing number of wallets — both on user and merchant sides — to back up previous claims that Bitcoin is about to embark on yet another spectacular parabola.

But even if traditional metrics such as trading volumes on exchanges have been getting a lot of flak lately thanks to fake reporting and wash trading, for example, the good thing is that new research on these numbers are showing improving statistics as well. For example, data analytics firm Coinmetrics now claims that the Bitcoin network has for the first time passed a watershed moment in its history, with a so-called “realized market capitalization” for BTC passing USD 100 billion

According to them, realized market cap, which is a different and more reliable way of calculating Bitcoin market capitalization, can be arrived at by multiplying the price each bitcoin that was last traded by the size of each trade. This differs from the more straightforward way of multiplying global average price with coin supply. Using this alternative method, this USD 100 billion achievement is just the latest record to be broken, and joins other all-time high lists such as difficulty, hash rate, and daily trading volumes.

Nick Szabo, one of the earliest cryptographers associated with Bitcoin, this milestone matches the low volatility periods not seen since 2012. He commented:

“The long-term chart reflects the superior deep safety, global seamlessness, and monetary soundness of Bitcoin.”

As we also pointed out in a previous analysis, if we use this new metric method and combine it with more reliable data, then Bitcoin dominance is much closer to 90%, instead of 70% as most conventional sites put it at.

$BTC $BTCUSD #BITCOIN – 1H: All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on Bitcoin – BTC/USD as long as the price remains well above 10,236.00 USD. The buyers” bullish… https://t.co/GNQliD90m0

— CentralCharts EN (@CentralChartsEN) August 26, 2019

Automated technical analysis from CentralCharts (above) describe all elements to be “clearly bullish”, although there are also those who will point to a “bear cross” forming on the charts now, not seen since February. Be reminded, however, that not long after that bear cross was this year’s solid recovery phase that seems to only be in consolidation phase now.

We should not always look for something to credit for good news (or even bad news), but one does wonder if Trump’s trade war with China is responsible for this. Traditional markets could not react on time when his latest proclamations were made public on Friday, and it is only today that traders were able to liquidate assets to invest in Bitcoin. That sudden spike we saw today as Chinese trading floors opened for business could certainly explain that!

In any case, we should pay attention to the further developments from a US lawmaker visit to Switzerland that has just concluded over the weekend. Yesterday, Rep Maxine Waters published an official statement that reported how US House of Representatives members had meetings with regulatory agencies and lawmakers including the State Secretariat for International Financial Matters, the Federal Data Protection and Information Commissioner, and the Financial Market Supervisory Authority.

The Swiss visit was aimed to learn on how their officials would be monitoring and regulating Facebook’s Libra project (since the headquarters is registered in Switzerland and, therefore, under its jurisdiction). Waters did not seem convinced, however, saying:

“While I appreciate the time that the Swiss government officials took to meet with us, my concerns remain with allowing a large tech company to create a privately controlled, alternative global currency.”

The opinion of US lawmakers, judging from the Libra hearing with its boss David Marcus, seems to be that neither of them believed that the location of Libra’s headquarters was a coincidence, since that would effectively mean Libra could escape US scrutiny.

A request from them to delay Libra’s development was accepted by Marcus, who has promised that his company would pause development work on Libra until all concerns from the Federal Reserve and other US regulators had been addressed.

More commentary should arrive this week on this issue, and let’s pay attention to see if any sentiment can be derived.

 

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Ten Billion Coin Handshakes New Partner, Prepares for Triple-IEO Launch

ten billion

One of the prominent highlights of the fourth industrial revolution or the industry 4.0 era is most certainly the unveiling of emerging technologies such as the blockchain technology. No doubt, this technology has become a household name in the tech ecosystem such that many top companies around the world have experienced the transformative power of the distributed ledger system in ways that were until now elusive to system processes. And now, most legacy companies are in a race to bid for the utmost derivable benefits out of the technology. However, compatibility barriers and a lack of an efficient transitioning model have stalled the rabid on-ramp onto blockchain systems.

Blockchain as a Service (Baas) Company

One company, China-based TenBillion Coin, aims to stand as a liaison between legacy companies and the disruptive technology of distributed ledger in order to provide them with ease in transition from the old tiring processes into one with infused blockchain capabilities.

TenBillion presents itself in what seems as a blockchain as a service entity whose aspiration is to integrate blockchain technology into the workflow processes of Asian companies. And by this, these companies can be more transparent in their financial operations, more efficient in their supply chain processes, and handle other logistical operations with more finesse.

Partnership Trails

On its journey to achieving its ambitious goal of co-sponsoring the digital transformation of industries in China through the blockchain, TenBillion is seeking several partnerships and in less than two months, it has landed 3 Chinese giant companies – all of which are multi-billion RMB companies – to include Institute of Southeast Guizhou Province Hospital which happens to be a tumor immunotherapy research institute, XiaYi ShengTai YingRan Technology industria Park, and now, it signed a partnership deal with NanTong Wonder Petro-Chemical Engineering Company.

TenBillion’s most recent partner Wonder reportedly has trailblazing footprints in China and across the Asian continent, not leaving out Europe, Africa and many other regions, whose past dealings covered prominent oil and gas companies such as Shell, BP, DuPont, Dow, ExxonMobil, and SinoPec.

TenBillion seems closer to achieving its goals of being a beacon of business process transformation, as many companies are seeking to partner with the revolutionary work being done by them. One can attribute this healthy-hype pursuit in part to the curated successes of the team who have quite the elaborate experience in areas covering financial, economic, legal, and cutting edge technology.

TenBillion Triple-IEO Launch

On top of this development, the company has announced a triple-initial exchange offering (IEO), a new system of fundraising which stakes the reputation of crypto exchanges and engages their numerous client base to help startups raise funds for project development. On 28th August 2019 TenBillion Coin will leverage the client-base of crypto exchanges LA Token, P2PB2B, and Vietnam-based VinDax in a partnership that seeks to make 6 billion YBY tokens available to the masses.

According to the distribution process available on their press release, the company will allocate 4 billion YBY tokens to LA Token while P2PB2B and VinDax will offer 1 billion tokens each to their client base. Face value of the tokens will go for $0.005 per token, bringing expected funds to be raised to $30 million.

To learn more about the TenBillion Coin platform visit the website: https://tenbillion.network

Please note: this is a paid for, sponsored article. TenBillion is the source of this content and is responsible for the content, and the accuracy of the content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This article is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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