Day: March 21, 2018

The cryptocurrency markets are still subject to immense volatility right now. Over the past few weeks, both Bitcoin and all altcoins have been battered. According to industry expert Tom Lee, the altcoins will see positive momentum very soon. In his opinion, this extended bear market is coming to a close very soon. Only time will tell whether or not he is right in this assessment, though.

Tom Lee Envisions a Bright Future

It is pretty difficult to be optimistic about cryptocurrencies right now. All markets have been on the decline since January of this year. Neither Bitcoin or altcoins have made any sort of positive impact throughout the year. For the people who have been holding since late 2017, this current trend is anything but positive. In fact, it is safe to say a lot of people effectively panic selling during the past few weeks.

Tom Lee of Fundstrat Global Advisors LLC is not too concerned. In fact, he genuinely believes altcoins will recover pretty soon. Determining if this bear market is finally over, is a very difficult, though. We have seen so much negative momentum, it is almost impossible to envision a course reversal as of right now. It will take a lot of time until we see actual all-time highs again, though. In fact, that may not happen until very late in 2018.

Even Fundstrat acknowledges the past two months have been anything but positive. With their portfolio tracker dropping in value by 75%, the bear market is still in full effect as of right now. It is not the first time altcoins go through a major bear market, though. Instead, we have seen this cycle repeat itself several times over the past few years. As such, we should be close to the massive dip the markets are going through right now.

Looking Ahead at Altcoins

When looking at the bigger picture, it is evident there is still a lot of work to be done. Right now, it seems most of the downtrend for altcoins is over. That is, assuming Tom Lee is correct in his assessment based on current and previous market data. Patterns exist merely to be broken at some point. It is possible history will not repeat itself this time around, for all we know. The company’s report explains it as follows:

“We believe the current purgatory period will last for 150-175 days, implying a bull market for altcoins really starts mid-August to mid-September. The reason for this longer duration is the current dark clouds overhanging crypto are really altcoin specific.”

How things will unfold, remains to be determined. There is a lot of momentum left in the tank for Bitcoin and altcoins. At the same time, all of these markets are heavily manipulated as of right now. Breaking that spell will not be easy, but it will happen eventually. The bigger question is which cryptocurrencies will reach new all-time highs throughout 2018. Right now, there are no likely candidates to speak about, but things can always turn around.

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Blockchain tech is revolutionizing the adult entertainment industry #PANORAMA

A second Chinese public firm in a week is being questioned by the Shenzhen Stock Exchange over the authenticity of its healthcare blockchain claims.

Bitcoin Press Release: The Nauticus project proposes a new digital currency to facilitate six ethical eCommerce and crypto banking solutions. Deeply rooted in the moral and sustainable use of blockchain technology, Nauticus harks back to the ideals of social change that underlined community interests of the world’s earliest cryptocurrencies.

March 21, 2018, Melbourne, Australia – With over 120,000 users registered in just three weeks, the Nauticus Blockchain-based exchange has had a huge response in the first two days of its ICO presale. With a hard cap target of $88 million, it’ll be the largest token sale ever seen in Australia. In a world’s first, the Melbourne based fintech company is raising funds to launch an international standard Government approved exchange with 100 crypto and six fiat currencies. In addition to a green blockchain mine to give vital server capacity and additional revenue.

The Nauticus Coin is modeled on the popular Binance Coin (BNB) and offers a similar 50 percent reduction in trading fees, which has seen the value of BNB skyrocket. The Nauticus vision and strong team have seen the ICO attract glowing reviews, including 4.7 stars from ICO Bench, 4.45 stars from ICO Marks, 4.15 stars from Trudex, and a Gold rating on Top ICO List.

The Australian Government’s AUSTRAC last week approved Nauticus registration as an independent remittance dealer. This guarantees the exchange complies with all KYC, anti-money laundering and counter-terrorism financing laws. Nauticus is in the final stages of engaging one of the big four international auditing firms to make sure transparency in the use of ICO funds.

Ambisafe has audited the security and function of the Nauticus smart contract and the code has been posted on Github. Nauticus is excited to announce it has received backing and support from large-scale international investment funds and crypto specialists Fundify, BellAcre, and Whisper.

The company has been highlighted in articles on CoinTelegraph, The Merkle, Coinspeaker, Bitcoin.com, and Blockonomi among dozens of other crypto news sites.The Nauticus community is growing in strength, with 120,000 registered users; 27,000 Facebook likes; 9000 Twitter followers, and more than 5000 highly engaged users on Telegram.

Co-founder and Nauticus CEO Bryan Ng offered his appreciation for the communities support of the project so far;

“We want to thank everyone for the overwhelming level of support they’ve shown. It’s truly humbling and we won’t let you down. We’re determined to create the best crypto exchange in the world.”

To ensure this vision is realized, Nauticus has signed up more than 20 of the world’s top blockchain, IT and finance experts as advisors. They include former global managing director of Accenture’s Ecosystem of the Future David Hayat, former Vice President of Nomura Securities Kin Wong, founder of Scandinavian Capital Markets Arif Alexander Ahmad, Director of Trade.io Remigio Bongulielmi, and the founder of ABA Technology Patrick Roberts (ex-IP Australia).

Dr. Theodosis Mourouzis, a cryptologist with the UCL Centre for Blockchain Technologies offer these words on the potential of the project;

“The Nauticus solution is among the most integrated that I’ve seen in the crypto-world, regarding exchanges and payments, and utilizing all existing state-of-the-art technologies.It has an ethical dimension by introducing a green blockchain mining center to help the developing world.“

Giving back to society with Nauticus

The Nauticus team are also keen on leading by example, having already pledged as much as 41% of coins reserved for the development team to two identified social causes: the Salvation Army Sponsor A Child Program and The Ocean Clean Up program.

How it works is simple. Every friend or person referred to Nauticus will earn 100 Nauticus Coins (NTS) for the referrer, but every second referral will receive a bonus of 200 NTS. This bonus can either be kept or donated by the referrer to either of the causes – and every coin donated will be matched by Nauticus.

Nauticus co-founders have already sponsored over a dozen children through the Salvation Army in the past ten years and hope that this current campaign will continue to benefit children, especially in developing nations;

“They deserve clean water and an economy that values the individual.”

• said COO Jonathan Chang.

Nauticus also wholeheartedly supports the Ocean Clean Up program, which is dedicated to cleaning up the 5 trillion plastic pieces currently littering oceans all over the world.

Crowdsale and profits

Profits will be reinvested in the business to support the development of a low-cost eCommerce marketplace, along with merchant and peer-to-peer payments. These new platforms will be underpinned by the Nauticus Coin, Exchange, Mobile App, and Wallet.

The company will offer ‘one and done’ Know Your Customer (KYC) verification and create an ICO community, which will offer resources and services for new ICOs as well as a quality verification system. For more information and to read our white paper, interested parties can visit the official Nauticus website

The Nauticus ICO presale began on March 18 and the token-sale itself runs from April 2 to May 18, 2018. Early supporters of the Nauticus ICO will be provided a bonus of us to 35% in tokens.

Visit the Nauticus website at https – www.nauticus.io
Register now and receive 100 NTS – https://www.nauticus.io/signup
Learn more about Nauticus on Telegram – https://t.me/nauticusblockchain
Follow Nauticus on Medium – https://medium.com/@nauticus
Keep up with Nauticus on Twitter – https://twitter.com/nauticusen
Like Nauticus on Facebook – www.facebook.com/NauticusBlockchain/

Media Contact

Contact Name: Andrew
Email: [email protected]
Location: Melbourne, Australia

About Nauticus

Nauticus is the new blockchain-based currency exchange built on the principles of ethical and sustainable use of technology. Prioritizing user-friendliness, efficiency, and security, Nauticus banking and payments will facilitate six global eCommerce solutions, powered by the Nauticus Coin.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR Buzz.

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Press Release: Lithuania-based blockchain payment gateway CoinGate has joined forces with open-source, ecommerce platform PrestaShop. The collaboration with reach over 80,000 EU-based merchants.

21 March 2018, Vilnius, Lithuania –  CoinGate, a leading payment gateway for blockchain payments in the European market, and PrestaShop, one of the largest open-source e-commerce platforms globally, announced a cooperation to enable tens of thousands of online merchants to start accepting cryptocurrencies as a payment method. The integration of CoinGate services into the back-end of PrestaShop platform will reach at least 80,000 EU-based merchants, giving access to this innovative payment method in a few clicks.

This is a significant step in the adoption of cryptocurrencies, and CoinGate CEO Dmitrijus Borisenka explains the reasoning behind the partnership, stressing the importance of enabling the masses to access this new exciting technology.

“Encouraging adoption among people beyond the tech-savvy early-adopters is one of the biggest priorities for us. PrestaShop has an ideal base of small to medium stores that may well utilise cryptocurrencies not only as an innovative and increasingly popular payment method, which is much cheaper than traditional card payments, but also the promotional benefits that the Bitcoin tag carries. There is an entire new market of people who own all kinds of cryptocurrencies and are looking for ways to spend them, but the gap between customers and merchants in this sphere is still huge. It is therefore crucial to educate and encourage businesses to adopt a forward-thinking attitude and to overcome the prevailing misconceptions that surround cryptocurrencies.”

To make things as simple as possible for newcomers, CoinGate ensures the mechanics of integrating the payment gateway are user-friendly, and basic familiarity with cryptocurrencies is more than enough to get started. The payment module can be installed with a few clicks, and from there the merchant only needs to set up an account with CoinGate to start accepting payments. The payment processor supports Bitcoin and over 50 other cryptocurrencies, including Ethereum and Litecoin, among others, in a single payment environment, catering for the widest range of cryptocurrency owners. For merchants, however, things could not be simpler: the accumulated payments are settled in a single currency chosen by the merchant.

CoinGate also allows real-time settlements in Euros for its customers, delivering received payments to merchant bank accounts the next day – an important feature for merchants new to the crypto space or worried about the volatility of cryptocurrencies.

“It is absolutely safe to accept cryptocurrencies as a way of payment. We protect our merchants from exchange rate volatility risk by locking the price of Bitcoin at the moment of the purchase. Merchants who opt to receive Euro payouts from us, essentially, do not have to touch cryptocurrencies at all – we handle every stage of the process.”

CoinGate already works with over 1,500 businesses worldwide, and the partnership with PrestaShop will open doors for more than 80,000 online stores of all kinds to have an easy entry into the cryptocurrency market. The cooperation of the two companies is a promising development in the rise of blockchain-based payments, a market that is rapidly progressing towards maturity, but so far has been restricted by lack of user-friendly interfaces to connect merchants and customers.

About CoinGate

CoinGate, based in Vilnius, Lithuania, is a cryptocurrency payments company established in 2014. The company offers a range of blockchain-focused services for businesses and individuals, including automated payment processing and brokerage services. CoinGate has a user base 50,000 and boasts monthly volumes exceeding over €10 million with over 1,500 merchants using the company’s payment gateway.

About PrestaShop

Founded in 2007, PrestaShop delivers an open source e-commerce software that offers an efficient, powerful, flexible and innovative platform. Today more than 270,000 e-stores in 195 countries operate under PrestaShop. PrestaShop’s mission is to work side by side with the e-merchants to grow their business and give them all the tools to be the most successful possible. Present in Europe and the U.S., the company has been funded by XAnge Private Equity, Seventure Partners et Serena Capital.

Learn more about CoinGate here – https://coingate.com/
Read the official CoinGate blog – https://blog.coingate.com/
Follow CoinGate on social media:
Facebook – https://www.facebook.com/coingatecom
Twitter – https://twitter.com/CoinGatecom
LinkedIn – https://www.linkedin.com/company/coingate
Learn more about PrestaShop here – https://www.prestashop.com/en

Media Contacts

Name: Vilius Semenas
Email: [email protected]
Location: Vilnius, Lithuania

CoinGate (coingate.com) is the source of this 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 press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz – Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

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Bitcoin Press Release: Presale Ventures announce development of their Virtual Decentralized Venture Fund and Seed Accelerator, through its unique structure and technological platform, Presale Ventures provides world’s first seed fundraising platform for blockchain startups . The Presale.Ventures token generation event is scheduled for Q2, 2018.

21 March 2018, Belize, Belize City: As the world continues to reel from the explosive success of the Blockchain technology and its prodigy the Cryptocurrency, investors worldwide are working hard to secure their peace of the next big pie. Meanwhile, startups at all levels are working frantically to secure investment in their own personal cryptocurrencies, with every intention of becoming the next big thing.

Having identified this requirement for funding and the growing number of investors looking to provide exactly that in a secure and controlled environment, Presale Ventures was officially born. Prescreened startups must undergo “Know Your Startup” process, following expert reviews and attractiveness rating. A world-first seed funding platform for investors and startups worldwide, Presale Ventures has been designed to bring both sides together to form a collective community of unstoppable power and potential.

Presale Ventures’ unique model is based on the experience of over 50 worldwide seed capital fundraising events for more than 1,500 start-ups, a blend of business, commercial and legal proven methodologies. The Presale Ventures’ Virtual, Decentralized Venture Fund, and seed accelerator incorporate a unique business model into a “Members Only” single, state-of-the-art online platform.

By harnessing purchase group buying power, ‘Wisdom of the Crowd,’ in-house acceleration fund and a remarkable token ecosystem – Presale Ventures provides a safe, smart, platform for Crypto investments in emerging Blockchain startups during their token generation event (TGE) presale stage. For the Investors, by Investor.

The Team at Presale Ventures Stated that:

“The digital investment market – a sector that has, until now, been a closed shop of venture capital firms, large conglomerates, and high-net-worth players – is about to be opened up to the everyday individual investor. Built on the blockchain, Presale Ventures is a cryptocurrency investors club that connects everyday investors across the globe into a powerful community of significant financial clout and networking capability. A fund for investors, by investors.”

According to the company, the primary goal of Presale Ventures is to develop a sustainable investment ecosystem and launch pad platform, within which tomorrow’s startups will be able to obtain Pre-TGE funding from savvy investors today. With such demand, the timing of Presale Ventures and its unique business model couldn’t be apter. New-Age Seed investment

The Team at Presale Ventures Stated that:

“Our model revolves around the ‘pre-sale’, also known as “seed” investment. Traditionally, venture capitalists and private equity funds that have had their try at blockchain investment obtain lucrative pre-sale agreements. But Presale Ventures unique platform allows anyone to access this earlybird investment into the hottest blockchain startups, affording predetermined discount rates relative to the future public investment phase.”

The team behind Presale Ventures pinpoints and organizes pre-sale events, carrying out extensive research and analysis of the very best opportunities for the startup community. Along with early access to the TGE, investors benefit from up to 60% reduced early-bird pricing during the pre-sale, for the extraordinaire opportunity before a start-up even receives its valuation on the public market.

Visit the Website: https://Presale.Ventures
Read the Whitepaper: https://presale.ventures/white_paper
Join on Facebook: https://www.facebook.com/PreSaleVentures
Follow on Twitter: https://twitter.com/PreSaleVentures
Chat on Telegram: https://t.me/presaleventures

Media Contact
Name: Sergei Ost
Location: Belize, Belize City
Email: [email protected]

Presale Ventures is the source of this 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 press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

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Bitcoin Press Release: MedCredits is excited to announce its partnership with Civic—the leading blockchain identity verification provider.

March 21, 2018, Grand Cayman, Cayman Islands – MedCredits is building the first decentralized public registry of physicians soon to be accessible by a global network of healthcare apps. Applying cutting-edge ID verification and KYC technology, Civic is making self-sovereign identity on the blockchain a reality. A partnership with Civic brings the trusted identity layer to MedCredits’ physician credentialing solution.

Dr. Moshe Praver, COO of MedCredits, describes the first-of-its-kind physician registry

“Token-Curated Registries are the perfect use-case for blockchain technology. For the first time in history, the token economy allows the creation of decentralized registries of professionals. With the first decentralized registry of licensed physicians, we aim to be the base layer of any healthcare app that seeks a pool of doctors. The impact of this is enormous.”

Civic CEO Vinny Lingham echoed the value of a partnership with MedCredits stating,

“This collaboration marks a milestone for Civic’s ecosystem in providing secure and low-cost access to identity verification services in healthcare. With Civic, MedCredits can ensure that the physicians submitting credentialing documents in the MedCredits registry are the actual owners of the documents while simultaneously preventing identity theft on the network.”

MedCredits consolidates physician credentialing into a single, public registry whereby a global network of independent reviewers verify documents in exchange for MedCredits’ native token (MEDX).

A Civic and MedCredits partnership not only reduces the cost and inefficiencies of professional credentialing, but also creates a global shared pool of licensed physicians allowing healthcare apps to work in greater synergy.

About MedCredits

MedCredits is the first decentralized healthcare platform connecting patients and doctors worldwide for medical services. With its cutting edge Token-Curated Registry (TCR) of physicians, MedCredits creates a free-market ecosystem that provides more affordable and efficient healthcare than currently available. The first software release ‘Hippocrates’ is a user-friendly app released in December 2017 that uses MedCredits’ TCR to connect patients with skin ailments to dermatologists for fast diagnoses at a fraction of the cost.

About Civic

Civic is a visionary blockchain identity-verification technology that allows consumers to authorize the use of their identities in real time. They are spearheading the development of an ecosystem that is designed to facilitate on-demand, secure, and low-cost access to identity-verification services via the blockchain. Civic recently introduced a Civic token that participants in the ecosystem will use to provide and receive identity-verification-related services. The company sold $33 million of its tokens during its token sale event in June 2017. For more information, visit https://www.civic.com.

To learn more, visit the Website: https://medcredits.io
Chat with us on Telegram: https://t.me/medcredits
Overview of the MedCredits Ecosystem: https://medium.com/medcredits/
Read the full Whitepaper: https://medcredits.io/whitepaper
Meet the Team: https://www.linkedin.com/in/james-todaro-md-02745aa/

Media Contact
Contact Name: James Todaro, MD
Contact Email: [email protected]

MedCredits is the source of this 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 press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Initial Coin Offerings regulated by 80-year-old Securities laws need contemporary regulations to thrive. #ANALYSIS

Meet Jim Preissler– ICO & Business Advisor to Zerocoin

Jim Preissler joins ZeroEdge in an advisory role, bringing his vast knowledge and experience within several key sectors, including Blockchain, TMT, Crypto, FinTech, casinos and gaming, retail, and many other fields, to bear on Zerocoin ICO. Jim is the ideal advisor to oversee our Pre-ICO and ICO stages, having recently experienced impressive success at the helm of trade.io, raising over $31 million during their ICO phase. Jim is a graduate of Yale University in New Haven, Connecticut and divides his time and considerable expertise (over 20 years) between business interests in the USA and Greater China.

Jim is a bona fide ICO and blockchain expert and regularly advises a wide range of enterprises on how best to utilize these new and exciting technologies, particularly zerocoin and smart contracts to achieve their goals. We believe that Jim is the right man to lead ZeroEdge through its Pre-ICO and ICO processes, lighting the way for the unprecedented success that we at ZeroEdge and zeroedge.bet, foresee for the future of the new age of 0% house edge, truly fair online gambling.

ZeroEdge.Bet – Revolutionary online gambling platform with 0% house edge games

ZeroEdge is a unique concept set to revolutionize the way you gamble online. Currently, all online casino games come with a house edge, i.e. the advantage that the casino has over you, which varies between 1% to 10% or more, depending on the game. ZeroEdge’s solution – offer games with 0% house edge and give players a completely fair chance of winning. In other words, playing at ZeroEdge.Bet is literally free, you don’t have to pay anything to the casino like it’s with traditional online casino sites.

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. ZeroEdge 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 to this beneficial concept.

Zerocoins (ZERO) will be available to investors during an upcoming ICO. Visit https://tokensale.zeroedge.bet to find out more.

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South Korea’s Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.

Cryptocurrencies were up for debate at the G20 meeting and it looks like there was some ground made with a July regulatory recommendation deadline being set #IN_DEPTH

Key Highlights

• ADA price started a nice upside move and traded above the $0.2000 level against the US Dollar (tethered).
• There is a major ascending channel forming with support at $0.2000 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
• The pair may correct a few points, but it remains supported above the $0.2000 and $0.1800 levels.

Cardano price is gaining upside momentum against the US Dollar and Bitcoin. ADA/USD is likely to remains in a bullish zone as long as it is above $0.1800

Cardano Price Trend

After a major decline, ADA price formed a decent support above $0.1500 against the US Dollar. The price started an upside move and traded above the $0.1600 and $0.1800 resistance levels. The upside move was positive as the price even traded above the $0.2000 level. It is now trading well above the $0.1800 level and the 100 hourly simple moving average.

It recently traded as high as $0.2172 and is facing a minor resistance. It may correct a few points with an initial support around the 23.6% Fib retracement level of the last wave from the $0.1751 low to $0.2172 high. There is also a major ascending channel forming with support at $0.2000 on the hourly chart of the ADA/USD pair. The channel support is around the 38.2% Fib retracement level of the last wave from the $0.1751 low to $0.2172 high. Therefore, if the price corrects lower, it could find support near the $0.2000 level.

Below $0.2000, the previous major resistance at $0.1800 will most likely act as a support. On the upside, the $0.2150-70 zone is a short-term hurdle. Above $0.2170, the price may break the $0.2200 level for a run towards the $0.2500 level.

Hourly MACD – The MACD for ADA/USD is now placed well in the bullish zone.

Hourly RSI – The RSI for ADA/USD is currently well above the 60 level.

Major Support Level – $0.2000

Major Resistance Level – $0.2200

Charts courtesy – Trading View

The post Cardano Price Technical Analysis – ADA/USD is Bullish Again appeared first on NewsBTC.

This mania is incentivizing the formation of collaborative networks of developers and entrepreneurs. Their ideas will shape the economy of the future.