Day: September 25, 2017

The US agency charged with mitigating the spread of infectious disease is turning to blockchain in a bid to improve efficiency – and save lives.

Lots of deals are made every day, from products and services to freelancing and real estate. And these deals don’t come easy, but with loads of bureaucracy forcing one to spend time, resources and money to wade through it. The deal-making process may involve hiring a third party, for a hefty charge just to see … Continue reading Confideal – Smart Contract Management Service

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Binance – – the world’s fastest growing cryptocurrency exchange – announced that Kyber Network Crystals (KNC), platform token of Kyber Network will be tradable on Binance.com on September 26, UTC 4 am.  Users can deposit KNC starting today. Kyber Network is a Singapore based decentralized and trustless exchange that facilitates instant conversion of crypto-assets with … Continue reading Binance to Add Kyber Network Crystal (KNC)

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Japan’s Financial Securities Authority will commence “full surveillance” of cryptocurrency exchanges in October, according to a local news report.

Merchants and other stakeholders within the financial ecosystem are gradually realizing that Bitcoin and other cryptocurrencies are an inevitable part of the payment landscape. As the traditional world meets the crypto world consumers will require interfaces between the two worlds. These interfaces serve as the bridge connecting both ecosystems and consequently a vital aspect in … Continue reading Merchants are Among the Top Beneficiaries of Crypto Payment Interfaces Offered by Companies Like Cryptopay

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China has always been a peculiar region when it comes to Bitcoin and cryptocurrency. Especially when it comes to LocalBitcoins, the trading volume picks up every now and then. Just last week, the region set a new all-time trading volume record on this platform. This goes to show the Chinese demand for Bitcoin isn’t slowing … Continue reading China’s LocalBitcoins Sets an All-Time Trading Volume Record

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The company behind the FICO credit score system is looking at how to collect information from bitcoin exchanges, new public documents show.

Key Highlights Ethereum classic price has recovered a few points from the $9.85 swing low against the US Dollar. There is a short-term contracting triangle pattern forming with resistance at $10.80 on the hourly chart of ETC/USD (Data feed via Kraken). The pair is now above $10.00 and the 100 hourly simple moving average, which … Continue reading Ethereum Classic Price Technical Analysis – Can ETC/USD Make it?

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Gizer, a fast-growing NYC-based startup, has unveiled their token sale to accredited investors on SAFT Launch. Gizer’s GZR token will be made available to the general public on October 20. By opening the SAFT to accredited investors prior to the public token sale, Gizer will be capitalizing on the positive momentum the recent release of … Continue reading Gizer issues GZR Token to Connect and Unlock the Gaming Universe

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What Bitcoinization means for Venezuela

Mizuho Financial Group is partnering with Japanese tech conglomerate Hitachi to develop a blockchain platform for supply chain management.

Most major cryptocurrencies are finally noting some gains again after another rough weekend. The past three weeks have been filled with ups and downs for all major currencies, including Bitcoin and Ethereum. NEO is one of those currencies still worth keeping an eye on despite some big dips lately. Right now, the NEO price is up by 6.83% over the past 24 hours.

NEO Price Mounts Another Comeback

Due to the Chinese ICO regulations, the NEO currency has gone through a very rough patch these past few weeks. Its all-time high value seems to be light years away right now and the NEO price remains pretty volatile on a daily basis. As of today, it seems things are heading back in the right direction, although no one knows for sure how long this momentum will effectively last. All cryptocurrency markets are still prone to sudden dips, and this altcoin is no different in that regard.

To put this current trend into perspective, the NEO price dipped to $16.86 a few days ago. That is a remarkably low value for a currency which has been valued at well over $25 not too long ago. Then again, the Bitcoin price is still struggling to reach $4,000 and more, which will continue to affect all other currencies for quite some time to come. Right now, the NEO price hovers around $20.85, which is a strong increase compared to two days ago.

With this 6.83% price increase, NEO has also successfully reentered the cryptocurrency top 10. The altcoin overtook Ethereum Classic in terms of market cap, although there is still a lot of work to be done before this momentum can be sustained. Temporary gains and losses mean very little in the world of cryptocurrency, as those trends occur on a nearly daily basis. If NEO can get to $21.5 and higher and stay there for a few days, things will start to look a lot better.

It is rather remarkable how the NEO price increased by so much despite a rather low 24-hour trading volume. With just over $14.5m in volume over the past day, most of NEO’s trading activity is taking place on the Bittrex and Binance exchanges. Both platforms combine for over 70% of NEO’s trading volume, which is an interesting development. Until the “Ethereum of China” can be traded against CNY again, that situation will not change anytime soon, by the look of things.

Additionally, it is worth noting NEO isn’t only gaining value in USD value right now. It also successfully regained 3.47% of its value compared to Bitcoin directly. A rather intriguing development, considering the Bitcoin price is trying to stabilize and make up some lost ground as we speak. Whether or not NEO can sustain this trend against Bitcoin itself, remains to be seen. In the end, all altcoins derive value from the Bitcoin price first and foremost.

Things are looking pretty positive for the NEO price right now. Its trading volume is pretty small, yet the currency successfully surpassed the $1bn market cap once again. Although it is doubtful we will see a new all-time high value for NEO anytime soon, this positive momentum needs to be maintained regardless. The last thing we need right now is more cryptocurrency market volatility, as the past few weeks have brought us more than enough of that already.