Day: March 12, 2018

After mounting a high-volume recovery, the bitcoin cash cryptocurrency looks set to rebound, technical chart analysis suggests.

Meet James Jones– Games and Gaming Advisor to Zeroedge.bet

ZeroEdge is proud to present another top industry advisor specializing in online gaming and related digital media and entertainment. James Jones has over two decades worth of experience in these highly demanding and innovative industries. James could be thought of as a digital pioneer, having cut his teeth in the early stages of online and digital web entertainment. He has been at the forefront of many key developments within the industry, leading up to today’s demanding and highly dynamic mobile entertainment sector.

We are very excited about what James can bring to the ZeroEdge table, which includes a vast amount of knowledge and experience in key areas such as marketing and monetizing digital content through various streams and mediums including online retail, in-app purchasing, subscriptions and licensing, micro transactions, and more. With hands on experience in over twenty platforms, including iOS and Android mobile and tablet gaming, desktop browser-based gaming, Facebook and other social networks, major consoles, James is the man to help take Zero Edge gambling to millions across multiple platforms.

Disclosure: This is a Sponsored Article

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The most amazing part is that Zerocoin value increases as more people join the world first 0% edge gambling platform. It is all achieved by creating a closed-loop economy in which high demand for 0% games drives Zerocoin’s value up. This model is also known as Metcalfe’s law which was originally invented in 1993 and can be seen in the actual Bitcoin’s price growth. Zero Edge offers a unique gambling model which potentially could revolutionize the $70 Billion gambling industry. Players won’t be losing money, but instead earning from the increasing Zerocoin value.

We have made a survey & asked hundreds of people about their gambling preferences & experiences.  The main finding was that 99 % of them stated that they would choose 0% house edge games to play if such games were available. High demand for the world’s first 0% house edge games will increase the Zerocoin value exponentially. An important task for us will be to educate the players and raise their attention on this beneficial concept.

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ConsenSys is partnering to develop an ether price index it hopes will make more crypto trading products available for institutional investors.

Sustaining positive momentum in the world of cryptocurrency has proven to be nearly impossible these days. It is evident there’s plenty of bearish pressure across all markets, especially now that all of the overnight gains are meeting a fair amount of resistance. The way things look right now, there will be a serious struggle to keep the Bitcoin price above $10,000 in the coming hours.

Bitcoin Price Gains are Eroding

Even though the Bitcoin price has seen some major gains over the past 24 hours, it seems to be a matter of time until the momentum reverses again. Thanks to a solid 7.42% jump in value, the Bitcoin price now hovering just above $9,800. To many people, it makes no sense as to why the price has not reached $10,000 just yet, but that price level has turned into major resistance as of right now. Solving that problem will not be easy whatsoever.

Even though the Bitcoin price rose to almost $9,900 in quick succession, it has become evident that may be as high as we will go, for the time being. Unless some major momentum materializes out of the blue  – which seems highly unlikely – we won’t see $10,000 or more anytime soon. Then again, anything is possible in the cryptocurrency world, and odd price changes have been rather prevalent on multiple occasions as well.

One worrisome aspect is how the Bitcoin price remains subject to volatility when news arises in even the slightest of negative manners. Last week, the big dip was caused by the Mt. Gox trustee who decided to liquidate tens of thousands of BTC on the open market. With another 180,000 BTC to be sold, it remains to be seen how all of this will play out in the long run.

With $6.18bn in 24-hour trading volume, things are looking pretty good for Bitcoin as of right now. While this volume is a lot lower than some people would like right now, there is still plenty of positive momentum in the tank as well. If this trading volume keeps up the way it is going right now, things will undoubtedly get a lot more interesting in the next few hours. Whether or not that will result in positive momentum, is a different matter altogether, though.

The way things look right now, Bitfinex is the top exchange ranked by Bitcoin trading volume. OKEx comes in second place, followed by Binance, of all exchanges. With just one fiat currency pair in the top three, things don’t look all that promising. However, there are 5 additional fiat currency market sin the remainder of the top 10, which helps even out things a bit. An interesting trend to keep an eye on, that much is evident.

For the time being, there is no real indication as to how the Bitcoin price will evolve. While it is certainly possible the price will surpass $10,000 later today, maintaining that price point will prove to be a rather big challenge. It is a very volatile market first and foremost, and that situation will only grow worse as more time progresses. Right now, cautions remains advised, as things can still turn around relatively quickly.

Decentralized data storage startup Storj is hoping to boost its growth with the hire of Ben Golub, former CEO at software firm Docker.

Thomson Reuters announces new addition of BTC market chatter tracking to its MarketPsych Index. #NEWS

The cryptomarket is already full of autotrading platforms and robots but most of them are unhandy, intricate, nor prices seem to be fair. The whole market may change with start of a new blockchain project providing the simple and user-friendly platform to build and run your own automated strategy.

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DRAG, DROP, WIN

Developers of Kryll.io project came from video-game industry, so they know how to make things easy. The idea of the platform is to allow customers to create their own automated strategies using a simple drag and drop style interface. No coding skills are required to design it.

“Kryll is not an “automatic” black box trading bot. You will define yourself what it should do, and then it’ll run automatically,” describes Kryll’s CTO Philippe Longère.

The entire editor interface is based on different blocks. There can be simple market trends like price drop/raise or more complicated instruments such as technical analysis, machine learning based market predictions or signals from professional traders scanned by network semantic analysis (for example, when BTC is receiving positive feedback on Twitter). The customer can design totally unique strategy, simply adding trading actions (sell, buy) and operators (IF, OR, AND).

MARKETPLACE FOR INVESTORS

The project team has already designed about 50 different blocks but there will be more to come in future. The community itself may also help with new instruments. Kryll.io aims to become a “big marketplace” and social network for traders, in which experienced players will be able to sell their strategies and exchange their experience with members for mutual success.

“Strategies featured on the marketplace will be rated by the community and will be ranked continuously. So if you want to compete with your strategies, be efficient. Then come to us and discuss, share your investment ideas, your lessons learned, lend your strategy to someone or rent another user’s strategy. Let’s become crypto friends!” says Lisa Pons, Kryll’s Marketing officer.

FREE TO TRY OUT

What is more, Kryll.io gives the opportunity to minimize risks for its users by allowing them to test their strategy before they play on the “big boy arena”.

According to the project’s White Paper, one will be able to test it over the 6 months of recorded data using 250+ pairs and a 1 second frequency. “Another testing modality will be available with our sandboxing option where the strategy is tested as if it were actually running on the market, but not accounting for the impact it may have on the market’s actual.”

All the testing is free. Customers have to pay only when they start making real money. The price is set in KRYLL-tokens gained during the ICO (KRL). When a strategy goes live, it starts using KRL as a fuel and consumes tokens depending on how many blocks are in it and what are these blocks. Users pay only for the launch of the strategy, no commissions on profits will be taken.

ONE YEAR OF ITERATIONS

According to the Roadmap, first public release of the project should happen in early 2019. But token sale investors will be able to use the ”Funder Edition” this summer.

“An MVP unveiling the first user experience will be released on the first week of March, we’ll release an alpha version during summer, then before the end of 2018 a beta release for everyone,” – says Kryll’s CTO Philippe Longère.

According to him, a companion app will be released in 2018 as well, whereas more complicated tools such as machine learning and sentiment analysis will be added only in 2019.

The Kryll team have started their ICO in February and during the month gathered more than $2.5 mln. Additionally 200 000 euro was raised in December from private investors. The token sale ends on March 20, 2018.

South Carolina orders Genesis Mining to halt operations and pay a fine for unregistered securities. #NEWS

Coincheck to begin refunding customers affected by NEM, resume partial trading and withdrawals. #NEWS

A Malaysian initial coin offering organizer has been flagged by the central bank over its unauthorized use of national and institutional symbols.

Could Bitcoin hold $10k today? Mt. Gox shouldn’t worry markets, says Fundstrat’s Lee. #NEWS