Day: December 21, 2017

How does the number of exchanges influence on the market cap of a cryptocurrency? #EXPERT BLOG

2018 presents a rare opportunity for the blockchain industry to self-regulate, lawyer Josh Garcia argues.

Top speakers of Blockchain & Bitcoin Conference Philippines: who are they?
Top 100 person in blockchain world, Top 500 lawyer in USA. Who else will speak at Blockchain & Bitcoin Conference Philippines
Cryptocurrencies in eCommerce and transfers, tokenization of economy. Other topics to be covered at Blockchain & Bitcoin Conference Philippines
All about cryptocurrencies and tokens. Headliners of global blockchain industry to meet in Philippines

On January 25, Manila will host Blockchain & Bitcoin Conference Philippines, an event dedicated to cryptocurrencies, blockchain and ICO. The conference participants are going to analyze how bitcoin will affect eCommerce, tell how the money transfer sector will change with the advent of cryptocurrency, and explain how tokens can transform the global economy. The floor will be taken by experts from the United States, Britain, Germany and the Philippines.

eCommerce to meet Bitcoin Commerce

How will the eCommerce sector change after the advent of bitcoin? This issue will be covered by the business executive, representing multinational corporates and emerging companies in a wide range of sectors, Jimmy Nguyen. Being a skillful manager and lawyer with 21 years of experience, Jimmy will tell about regulatory methods necessary for bitcoin integration into eCommerce, as well as about changes in the IT sector that will follow the process.

Lawdragon magazine described Jimmy as a ‘dynamo talent’, and for his diversity leadership, Jimmy has been named a ‘Top 100 under 50 diverse executive leader’ by Diversity MBA magazine. Now, Jimmy Nguyen is the head of nChain, the company involved in the blockchain research and development.

Cryptocurrencies and money transfers

The topic of the cryptocurrency impact on eCommerce will be continued by Luis Buenaventura, the author of the book ‘Reinventing Remittances with Bitcoin’. His report will be dedicated to the money transfers. The audience will learn how international transfers will change with the introduction of decentralized technologies. Luis has been building fintech startups in the Philippines for nearly a decade, acting as a co-founder and manager.

Currently, Luis is known as Chief Technology Officer at BloomSolutions. He is responsible for developing software solutions for traditional remittance businesses: blockchain integration, messenger bots for customer support, universal APIs for instant nationwide disbursement. He writes analytical articles for a well-known media portal in the crypto industry – Bitsonline.

What will tokenization result in?

Ismail Malik, a blockchain expert ranged among 100 most influential people in the field of blockchain according to the rating of the Rise Global agency, will tell about tokenization and prospects for the ICO sector development. Ismail has 20 years of experience in technology related startups and entrepreneurship covering asset management, cryptocurrencies, mobile payments and emerging markets. In his speech, he will talk about effects of tokenization on the economy and why is it important.

Ismail is the founder and CEO of BlockchainLab. This is the only blockchain company that was awarded with the right to enter Level39, the world’s largest fintech accelerator owned by Canary Wharf Group. In addition, Ismail is an editor in chief of the media portal for crypto investors ICO CROWD.

Influence of tokens on the global economy

Another speaker, Kambiz Djafari, believes that tokenization of real assets in the modern world is inevitable. He is a professional cryptocurrency and ICO advisor. Currently, he heads his own blockchain company, Edgecoin.io, an educational platform based on Ethereum.

Kambiz will talk about the basic functions and benefits of tokens, and also explain which industries will be destroyed by tokenization in 2018-2019. Kambiz is a blockchain expert and early stage investor. He regularly reports at large international fintech events.

Blockchain Regulation in Philippines

The separate discussion panel will be dedicated to legislative measures that are going to be applied to blockchain by the authorities of the Philippines. It will be moderated by the head of software company MergeCommit, which provides blockchain-based products and services – James Florentino. Being a blockchain expert, James will orchestrate the discussion in order its participants discussed in details all the legal initiatives of the state.

Before heading MergeCommit, for ten years James worked in the service design and software engineering industry. And in 2013, he became a co-founder of the first bitcoin exchange in the Philippines – BuyBitcoin.

Christmas is coming for the crypto community!
Get 50% off when you buy your tickets from December 21-23

Read event program and other details on the website of Blockchain & Bitcoin Conference Philippines.

The post Top speakers of Blockchain & Bitcoin Conference Philippines appeared first on NEWSBTC.

Key Highlights

• Ethereum classic price is placed in the bullish zone above the $37.00 support against the US Dollar.
• There is a crucial bullish trend line forming with current support at $37.20 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
• The pair might continue to rise and it will most likely move above $40 and $42 in the near term.

Ethereum classic price is placed in an uptrend against the US Dollar and Bitcoin. ETC/USD may soon move above $42 for more gains toward $45.

Ethereum Classic Price Uptrend

During the past few days, there was a bullish price action in ETC price above the $35.00 level against the US Dollar. The price dipped on a couple of occasions, but the $35.00 support and the 100 hourly simple moving average protected declines. There was a decent upside reaction and the price traded as high as $42.30 before correcting lower. It has moved below the 50% Fib retracement level of the last wave from the $34.40 low to $42.30 high.

However, the 100 hourly SMA at $37.00 prevented declines. Moreover, there is a crucial bullish trend line forming with current support at $37.20 on the hourly chart of the ETC/USD pair. The pair is trading a nicely above the $37.00 level and the 100 hourly SMA. It also got bid well around the 61.8% Fib retracement level of the last wave from the $34.40 low to $42.30 high. Therefore, there seems like the $37.00 is a major support zone, and the pair might continue to move higher.

A break above the $42.30 high would open the doors for more gains toward the $45.00 level or even $50.00.

Hourly MACD – The MACD for ETC/USD is slightly in the bullish zone and is placed well.

Hourly RSI – The RSI for ETC/USD is just above the 50 level and is moving higher.

Major Support Level – $37.00

Major Resistance Level – $42.00

Charts courtesy – Trading View, Kraken

The post Ethereum Classic Price Technical Analysis – ETC/USD to Continue Higher appeared first on NEWSBTC.