Day: May 12, 2018

Blockchain Week New York City, the annual conference also known as Consensus 2018, kicked off yesterday.

Based on the market reaction in the previous three events, analysts expect the prices of Bitcoin and altcoins to move upward. Fundstrat’s technician Robert Sluymer says Bitcoin has bottomed with an upside seen from here.

Blockchain Week New York to Trigger Next Bullish Momentum, Says Fundstrat Analyst

The most important annual conference for the cryptocurrency ecosystem is taking place in New York while Bitcoin sits just above the 50-day moving average. While the blockchain industry gets together to move the technology forward, digital currency investors wait on the sidelines and hope for the best.

According to Robert Sluymer, managing director and head of technical research at Fundstrat Global Advisors, a lot of people are looking for clarity on projects as uncertainty around regulation still looms. He added that it should all become clearer as ‘we move around Consensus.’

With regard to the technical analysis, Sluymer told CNBC that he expects Bitcoin to shake a few traders, but to hold around the 50-day average, which is fairly close to where we are now.

“Bull-bear scenario developing where folks are arguing it’s getting lower. Our view is this is a much bigger bottom that has developed. If that’s the case, this pullback will be relatively shallow. It’s already pulling back from the 200-day. It’s sitting just above the 50-day moving average. So, between the $8,800 and $8,200 – and I know it’s a big range – but that’s where we will see support and we think Bitcoin continues higher from here.”

Regulatory risk is the fundamental issue driving the downward pressure on cryptocurrencies, but Sluymer is confident that the market has bottomed. He is of the opinion that it is in a stage of general recovery and that the Blockchain Week will be the next big catalyst for Bitcoin.

Fundstrat’s Global Advisory forecast is based on three data points, the past events in 2015, 2016, and 2017. All of the previous conferences were followed by a bullish response from the cryptocurrency market.

The week-long event includes high-profile names such as St. Louis Federal Reserve Bank President James Bullard, European Parliament member Eva Kaili, and Twitter CEO Jack Dorsey, among other movers and shakers in the cryptocurrency world.

The organization expects to host approximately 8,000 people, half of whom are coming from abroad. Last year’s event had a turnout of 2,700 attendees, which shows how much the blockchain community has grown in size and importance in a single year.

Featured image from Shutterstock.

The post Consensus 2018 Will be the Next Big Catalyst for Bitcoin, Analyst Says appeared first on NewsBTC.

Brian Forde, who is running for the California’s 45th district seat in the U.S. House, is pitching himself as the crypto candidate.

The price of bitcoin has sunk even lower during the past 24 hours. Yesterday’s price stood at $8,600 – a nasty drop from last weekend’s high of $9,800. Many were expecting bitcoin to test the $10,000 mark, which didn’t occur. In fact, last week has been the worst in bitcoin’s history since early April, when the currency dropped to $6,600. Bitcoin has fallen from $9,800 to $9,500, and then $9,300. This, in turn, led to slides to $9,100 then $8,600 respectively.

Now, bitcoin stands at $8,400, which believe it or not, is an improvement over where it was trading during the morning’s early hours ($8,250).

During yesterday’s price piece, we discussed the probability that Mt. Gox trustees had moved several bitcoin funds to approximately four separate wallets, which may have affected the price in the long run. In the past, these trustees have admitted that their actions of moving funds and selling off their stashes do, in fact, bear repercussions on bitcoin’s price and overall value, yet this hasn’t necessarily stopped them from performing such actions, which they’ve been doing since last September.

We’re almost certain the questions everyone has for these trustees are, “What the hell?” and “Why do you continue to move funds in such a way that the price is easily manipulated?” They clearly admit that what they’re doing has consequences, yet they haven’t stopped. Haven’t bitcoin enthusiasts and traders suffered enough from their actions? Is it that hard to relinquish power? Is this all part of a scheme to mold the bitcoin price to their liking so they can somehow cash in further on their respective sell-offs?

Another reason behind the recent drop may be Nvidia Corp, which recently broke out its cryptocurrency sales for the first time in quarterly earnings. Sadly, the company didn’t strike a particularly bullish tone. While prices have moved up initially during the year’s first quarter, the company’s executives claim that prices are now starting to come down, and thus revenue could diminish by approximately two-thirds during the present period.

“Crypto miners bought a lot of our GPUs during the quarter, and it drove prices up,” Nvidia CEO Jensen Huang claimed in a recent interview. “And so, we’re starting to see prices come down. We monitor spot pricing every single day around the world, and the prices are starting to normalize.”

This isn’t a great sign, considering the price of bitcoin is once again below the $8,600 mark. This, according to Fundstrat’s Tom Lee, is the final price edge where bitcoin mining can remain profitable (which we’ve discussed in past price articles), but a drop to $8,400 where it currently stands, and any additional falls after that could potentially bring the profitability of bitcoin’s mining sector down to new lows. We’ve already seen enough damage to the industry when bitcoin stood at $6,600 about a month ago. Could we see further struggles in the immediate future?

Aside from bitcoin, the digital currency appears to be taking all its crypto-cousins along for the ride. At press time, Ethereum is down by approximately seven percent. Ripple has dropped by 10 percent, while smaller coins like EOS are down a whopping 15 percent.

Ripple has released its first pilot results for its remittance solution, xRapid. xRapid is one of the three solutions the company offers – the other two being xVia and xCurrent – and the only one that uses its native digital asset, XRP. In releasing the results via a blog post, the company’s senior vice president of product, Asheesh Birla, pointed out the many benefits of using blockchain technology to modernize global financial services, including faster transactions and greater cost-efficiency.

Savings Of Up To 70% Recorded

The aggregated results from several pilots of xRapid indicate that financial institutions facilitating payments on the corridor along the US and Mexico recorded 40-70% savings compared to what they normally pay foreign exchange brokers. An average xRapid transaction took just over two minutes, a remarkable improvement on the two to five days it takes when using traditional methods.

The portion of the transfer that relies on the XRP Ledger takes two to three seconds, with the additional processing time attributed to movement across the intermediary digital asset exchanges and local payment rails.

To carry out a funds transfer through xRapid, a financial institution has to first connect directly to crypto exchanges in both the originating and destination countries. The institution then converts the originating currency into XRP which is then transferred in two to four seconds on the XRP ledger. The XRP is then converted into the destination currency on the second designated crypto exchange. The funds are then ready for distribution in the destination country for payout through local rails and channels. The entire transaction is traceable.

Ripple has been on the frontline of championing the Internet of Value where value is exchanged and transferred as quickly and easily as information is. Ripple has stated that its vision is to do to the exchange of value what the internet did to the exchange of information. It aims to use its RippleNet suite of products to drive down the cost of moving funds, and it has continued to attract banks at the rate of one every week, according to the company’s CEO, Brad Garlinghouse.

The pilot results come two weeks after the San Francisco-based company announced that its other payment solution, xVia, had brought five new clients on board. xVia is tailored for payment providers and banks that want to send payments across various networks via a standard interface. The new clients include Malaysian peer-to-peer currency exchange platform MoneyMatch, Georgian e-wallet services provider UniPay, and London-based international payment provider RationalFX.

Yuzo Kano is a man of resources with a vision. The man aims high, and he wants to have the world’s leading exchange service for digital currencies. It certainly doesn’t hurt that this former Goldman Sachs alumnus is the prominent head behind BitFlyer Inc., Japan’s #1 exchange service. So far the man has doubled his staff over the past six months. He’s looking to have the best and the brightest working alongside him by the year-end. The company aims to have 300 of the best talents from the banking industry and the cryptocurrency field.

Poaching the talent, getting ahead

Luring talent from other companies is not an uncommon practice in the business world. But being as aggressive as BitFlyer has been, certainly seems to put in evidence that Yuzo Kano is taking the lead on making the best out of the relaxation on digital currency regulations by the Japanese government. In the land of the rising sun, government officials are managing trade and exchange of cryptocurrencies with heavy supervision. This has made the legality of transactions using digital currencies an unquestionable, trustworthy legal process. No market can provide this with approval at the moment.

Numbers that favor the initiative

The conditions created by the Japanese government give Kano the opening he needs to launch a global operation. He’s positioned to do that since BitFlyer is currently the fourth largest exchange worldwide, right behind BitMex, Binance, and OKEx. According to last public numbers they handled operations for nearly $2 billion just in 2017. Their users went from a few hundred to almost two million just after the announcement of new regulations. The entrepreneur has been very clear on interviews, stating that he only cares about being the #1 service provider. And to get there, he needs top of the line talent.

Going global, getting credibility

With Japan being set up as its main base, the plan is to go global by opening offices in business capitals of the world. The list includes Tokyo, Luxemburg, San Francisco, Australia and unspecified regions of South America, Africa, and Asia. He plans to go beyond the exchange service by offering new entrepreneurs the framework and the advice to make their plans successful. While his intentions look ambitious, it’s very much at odds with similar initiatives such as the one started recently by Mike Novogratz, who launched a Merchant bank for digital currencies just a little while ago. The talent already hired by Kano gives him a leading hand since it adds credibility to the operation, both inside and outside his country.

Even with a declining number of interested parties and unstable numbers on the behavior of Bitcoin over the last six months, Kano is managing to draw in some very powerful talent by offering some of the best salaries in the industry. He is making sure that people coming to work, have a clear idea of the ultimate goal of the company. It is a guessing game to say how successful he will be. But, it’s worth watching how Yuzo Kano’s efforts pay off in the end.

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Zimbabwe’s central bank (RBZ) has banned the transacting in and trading of cryptocurrencies.

The ban — which applies to all financial institutions —  was put forth by the RBZ registrar of banking institutions, Norman Mataruka, in a circular yesterday. The reason for the move was to protect the public and safeguard the integrity and safety of the country’s financial system, he said.

Reserve Bank of Zimbabwe Bans Cryptocurrencies

Mataruka also specified that accepting cryptocurrencies as collateral, opening accounts at cryptocurrency exchanges, and the transfer or receipt of money in accounts relating to digital currencies are also prohibited.

“As monetary authorities, the Reserve Bank of Zimbabwe is the custodian of public trust and has an obligation to safeguard the integrity of payment systems,” Mataruka said. “Cryptocurrencies have strong linkages and interconnectedness with standard means of payments and trading applications and rely on much of the same institutional infrastructure that serves the overall financial system.”

The moves by the RBZ were further outlined in a separate statement made by John Mangudya, the bank’s governor, who issued a warning to the public about trading in the coins, according to NewsDay. Mangudya also stated that the BitFinance exchange (who operate the largest local exchange, Golix) is not licensed or regulated by the institution. 

“Any person who buys, sells, or otherwise transacts in cryptocurrencies, whether online, or otherwise, does so at their own risk and will have no recourse to the Reserve Bank or to any regulatory authority in the country,” Mangudya said.

“The Reserve Bank of Zimbabwe has not authorised or licensed any person or entity or exchange for the issuance, sale, purchase, exchange or investment in any virtual currencies/coins/tokens in Zimbabwe. Exchanges such as BitFinance (Private) Limited (Golix) and Styx24 are not licensed or regulated by the Reserve Bank.”

Mangudya added that the RBZ would continue to monitor both regional and global cryptocurrency developments in order to inform policy direction moving forward.

In the nearer future, the individuals and financial institutions that are currently trading cryptocurrencies have been given 60 days to cease operation and terminate relationships. The RBZ has not yet made it clear what action(s) will be taken if institutions do not comply with the directive, or if there will be any exceptions to the new policy.

The Importance of Cryptocurrencies in Africa

The moves by Zimbabwe’s central bank are particularly unfortunate for local cryptocurrency users, as many of Africa’s underbanked population use the coins to pay for transportation, buy food, and top-up cellphones. It seems to be an attempt at consolidating power, as the decentralized nature of cryptocurrencies has allowed them to become alternatives to weak, local fiat currencies that are facing rampant inflation.

The remittance market in Africa — worth $429 billion worldwide in 2016 — is also tied in with cryptocurrencies and associated blockchain technology. Already the continent has some of the highest remittance costs in the world, and it would seem likely that the cryptocurrency ban will only make things worse. 

“It’s so hard to send money from Nigeria to Zimbabwe, or from the United States to Sudan,” West African entrepreneur Olaoluwa Samuel-Biyi said. “Banks are very tedious and payment companies generally exploitative, he added. “There’s heavy discrimination, definitely. We have to go all around them to succeed. Bitcoin is technology that allows financial inclusion.”

Featured image from Shutterstock.

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In recent years, distributed ledgers, blockchain technology, and smart contracts have disrupted a multitude of industries. According to many experts, these technologies have the potential to foster the creation of new tools that will allow crypto solutions to find mainstream acceptance.

Aphelion is an all-new blockchain service that aims to resolve many of the issues that are commonly faced by today’s most popular crypto exchanges and trading platforms. Aphelion makes use of distributed ledger technology (DLT) and employs an open source, peer-to-peer (P2P), decentralized asset distribution application protocol that has been built entirely on the NEO blockchain.

Additionally, Aphelion makes use of a tokenized transaction framework called DEAL, or Distributed Exchange Asset Ledger. All DEAL transactions are facilitated via smart contracts which are devised by users and are independent of crypto exchanges or trading platforms.

The native Aphelion token serves as a Liquidity Verification Device (LVD) that helps power transactions directly between users in a completely instant, secure, and free manner.

One can view Aphelion contracts as codes that run on the global Aphelion decentralized peer-to-peer protocol.

Here’s an overview of the system:

• Aphelion is an independent blockchain platform that operates autonomously and cannot be controlled by a single operator or entity.
• The native Aphelion (APH) cryptographic token is stored within a public decentralized blockchain.
• It allows for direct peer-to-peer trading without the need for intermediary third-party organizations or central authority figure.
• Aphelion facilitates universal cross-border cryptocurrency trading.
• The platform allows users to grow their on-chain and cross-chain portfolios using a unique smart contract framework.

Key Features

For starters, Aphelion is a P2P trading platform (DEX) that has been built entirely on the NEO blockchain. It provides its users with a wallet-based peer-to-peer trading experience that is streamlined and connects customers with crypto traders all across the globe.

Key offerings of the platform

Some of the primary advantages of NEO over other popular blockchains such as Bitcoin and Ethereum include:

• Functional Efficiency: owing to the fact that NEO employs a dBFT (Delegated Byzantine Fault Tolerance) based model, it is able to ensure the settlement of all individual transactions within its network in a highly efficient manner.
• Security: NEO deploys specially-devised smart contracts that have the capacity to integrate digital user identities, thereby allowing for real world applications for Aphelion.
• Compatibility: the NEO blockchain is usable with a wide array of programming languages including C#, .Net, Java, Python, and Go.
• Scalability: another highly underrated aspect of NEO is that it can support and facilitate up to 10,000 transactions per second.

Visual representation of the Aphelion ecosystem

Also worth mentioning is the fact that Aphelion allows users to trade cryptocurrencies within a totally decentralized and trustless environment. The platform eliminates third-party interference and provides users with benefits such as:

• Little to no network fees or charges
• Zero problems related to transaction delays
• Minimal frozen assets, locked trades, and hijacked tokens

All Aphelion-initiated trades are executed directly on-chain or cross-chain between users in accordance with the terms and conditions that were consented to. Also, APH tokens that are expended during individual P2P trades are automatically redistributed to all APH token holders.

Lastly, Aphelion does not function as a hosted exchange, and as a result, the company never holds onto a user’s tokens or crypto assets. The platform is completely open source-based and utilizes a decentralized framework.

How it Works

Native APH tokens serve as the platform’s escrow device, storing the smart contract required to facilitate P2P trading between customers. For each transaction, a small amount of APH is required to compensate for network fuel expenditure. Additionally, Aphelion’s tokenized smart contracts can store order books in an immutable fashion and complete all internal trades in a fair and efficient manner.

Overview of how the Aphelion ecosystem works

Lastly, NEO supports the faster development and deployment of smart contracts because it is able to assist developers in the construction of DApps using programming languages that are already familiar to them.

About the team

Chris Mitchell is a primary consultant for this project. According to his LinkedIn profile, Chris has extensive experience in blockchain development and is has been a part of other high-profile ventures such as:

• RMS (Principal Software Engineer)
• Binify Inc (CTO/Co-Founder)
• SchoolRunner (Application Engineer)

Jeff Solinsky is the primary development engineer for Aphelion. He too has been in the crypto sector for over five years and previously designed and implemented “reliable high performance low memory footprint algorithms, device drivers, and networked applications”.

Lastly, Adi Ben-Ari is another key team member. According to his online bio, Adi is the founder and CEO of Applied Blockchain, a team of blockchain smart contract application experts and developers based at Level39 in Canary Wharf, London.

Token Details

Introduced into the market just over ten days back, the APH token has remained fairly stable in price since its inception.

APH token lifetime performance data (courtesy of CoinMarketCap)

After trading at $0.267 on May 1, the currency hit its market high just five days later when the price of a single token scaled to an impressive $0.77. However, its value has since stabilized, and it’s now priced at $0.324 as of May 12.

Final Thoughts

With Aphelion providing users with the ability to trade cryptocurrencies in a totally decentralized and trustless environment, it would not be surprising to see this service gain more market traction and thus become more widely adopted in the coming months.

If you would like to start investing in Aphelion, APH trading pairs are currently available on Kucoin and Switcheo Network.

Popular online cryptocurrency media outlet CoinIdol has recently announced the launch of their “CoinIdol Expert Club”, this platform is to play host to expert members of the community as well as new names from the industry.

CoinIdol.com has been a all ecompasing hub for news and events related to the crypto ecosystem. Providing readers with in-depth news for blockchain, Bitcoin, Fintech and much more. CoinIdol plays host to a quarter of a million views per month, this has motivated the CoinIdol team to open up an exclusive members club.

The online media outlet is well known for its coverage on world-class blockchain events and quoting the most well known faces in the industry. In the past the smaller fish in the crypto ecosystem have not had there say, this members club will give them their chance to share their knowledge with a wide array of the community.  This comes as a rare opportunity for them to become a quoted source, and rise up amongst some of the spheres leading veterans.

The CoinIdol members club is sought to be a minefield of ideas and great wisdom coming together, having access to the club does not initially mean that any and every idea will be taken into consideration by the editors at CoinIdol, the editors will only publish the best of the best.

There is a strict code of conduct that all members must adhere to, members will not be able to promote any projects throughout there time at the club, members who break the code of conduct will have their accounts removed and memberships refused for anyone who violates the rules. CoinIdol’s CEO, George Gor, values reputation and trust over money.

George recently spoke about the company’s ethics, and how they are the pinnacle that everything is built upon. The CoinIdol editorial policy will not change, CoinIdol refuses to publicize any advertising inside editorial articles.

The expert club member to have their quote approved and published by the CoinIdol editor will have it signed by a list of regalia, including personal name, personal photo, brand name, brand logo, brand website URL, special presentation of competencies of the expert with proofs.

To be part of the CoinIdol members club, users will only have to pay a one-time payment, not everyone can be accepted into the club because they can buy there way in. To combat scammers and illicit activities, the standard of quotes used must be high, applicants will need to chat with the editorial team and present themselves as potential members, in a sort of interview like fashion.

The CoinIdol platform plays host to nearly quarter of a million eyes per month, from 174 countries, once in the club, new experts will have the chance to display their competencies and can feature on up to 10 articles per month.

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Traditional centralized powerhouses like Microsoft and Amazon now look to be taking their domination to the decentralized world

London, United Kingdom – May 12, 2018: AITrading has announced today the Crowdfunding Campaign to raise a funds for its trading platform that combines and facilitates interactions of market newcomers, professional traders, trading consultants, brokers and leading exchanges. AITrading ecosystem is based on blockchain, AI and ML technologies, enabling transparent trading operations in a single click.

AITrading constantly detects trading ideas by monitoring unusual trading activity, recognizing patterns and conducting quantitative analysis. It also considers the user’s preference and risk tolerance and accordingly recommends the most appropriate course of action (supporting them by visual instruments such as trend lines). As for a particular idea, basing on an AI engine AITrading elaborates and recommends the range of trading strategies balancing the profit/risk level. A user just needs to choose a strategy from a list of suggestions, evaluate it using backtesting and (if they’re happy to) accept and follow it. In addition AITrading builds investment portfolios and also selects appropriate portfolios and suggests them to users. It utilizes both non-traditional Big Data sources as sentiment data for AI-based analytics and traditional technical and fundamental analysis. Moreover AITradingoffers the access to AI-engine analytical functionality (AI-as-a-Service, AIaaS) to third parties (B2B).

“Being an active trader on stock market often means staying with your laptop or mobile device all the time. There is always a risk of losing money in the case of a poor quality trading idea assessment or inappropriate selection of a trading strategy. AITrading clearly has a better idea. The technology is unprecedentedly transparent and democratic. It works 24/7 discovering trading ideas and formulating trading strategies which are available to the whole trading community, but not only to large funds and banks. So AITrading establishes a new approach to exchange trading market and enhances the business model of financial institutions enabling quick and seamless scalability to all financial markets,” says Alexey Shirobokov, AITrading CEO.

The team has already announced the details of the crowdfunding stages. AITrading is raising funds based on the pre-sale of future access to the information service of the platform. As confirmation of the prepayment, AITrading will issue the AITT tokens (ERC-20 standard). The pre-sale is starting on June 10, 2018 and will last until July 05, 2018. The main stage will take place from July 06, 2018 till August 18, 2018. One AITT token corresponds to a prepayment of €0.88. The minimum acceptable prepayment is €88. The company anticipates to  raise up to €60 million, with 34,5 percent of the accumulated sum to be invested in a product development, 26,5 percent to support infrastructure, security and integration and 27 percent to be spent on marketing & PR.

_________________________________________

About AITrading

AITrading.com is an AI-powered trading ecosystem. It has both web-interfaced solution and a mobile app. AITrading aggregates 4 basic components making wealth management extremely easy and efficient: Machine Analytics, Trading Infrastructure, Marketplace Community and Modern Interface. Combination of these services on a single platform powered by artificial intelligence (AI) engine and blockchain technology creates an outstanding synergetic effect, which unveils the trading opportunities that did not previously exist. AITrading offers service across four different markets: cryptocurrencies and crypto assets, forex, equity, and commodity.

More details about the platform AITrading and the crowdfunding campaign of the project can be found at https://aitrading.com/

Chat with the AITrading team on Telegram: https://t.me/joinchat/H6hTGETpsCl8BPhQL01VtQ

Telegram news: https://t.me/aitrading_en

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Learn more about AITrading on Medium: https://medium.com/aitrading

Reddit: https://www.reddit.com/user/aitrading

LinkedIn: https://www.linkedin.com/company/aitrading/

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

The cryptocurrency industry attracts talent from all strides of life. Anyone with financial expertise may have a slight advantage to find a job in this booming sector.

Various Wall Street bankers are paying a lot of attention to Bitcoin and altcoins as well. The story of Chris Matta is a rather intriguing one, as he plans to open an entirely new chapter in his career.

The Curious Case of Chris Matta

Despite earning a high-profile promotion at Goldman Sachs, Chris Matta wasn’t satisfied with the way things were going. Just two days after being promoted in December 2017, he decided to leave the firm altogether.

Moving up the ranks to vice-president is a major milestone, but for Matta, it was also a troubling sign. Thanks to Bitcoin’s bullish run in the same period, a tough decision had to be made in quick succession.

At the time, Chris Matta was working with two former colleagues on a new cryptocurrency hedge fund. Taking advantage of the rising interest in Bitcoin is an opportunity one simply doesn’t pass up.

Even so, jumping ship to this uncertain industry with its volatile nature is not a decision most people will envy. For Matta, it was a ‘calculated risk,’ according to his recent discussion on CNBC.

It is also a strong indication how cryptocurrencies continue to attract talent. Not just people without a job, but even those with a steady job are keeping a close eye on this growing industry.

If individuals such as Chris Matta can be convinced to jump ship, the future will get very interesting. It is very likely cryptocurrency will become to finance what Wall Street was so many decades ago.

The Birth of Crescent Crypto

With the departure finalized, Chris Matta began setting up Crescent Crypto. This new hedge fund, run by himself and two co-creators, will solely focus on cryptocurrencies.

All of the experience gained through his Goldman Sachs stint can be put to good use. It is an interesting example of how Wall Street is a ‘stepping stone’ rather than a final destination for those with big ambitions in the financial sector. Matta defends his decision as follows:

“In the crypto world, every month is like a year in the equities space. The amount of things that would change in that time, the number of funds that would come to market, it would just be a much more difficult landscape for us if we were trying to get things up and running in February.‘”

Despite the rough start to 2018, interest in cryptocurrency remains rather high. The Crescent Crypto team is confident better things may be on the horizon. They expect Bitcoin to either hit zero or go ‘magnitudes higher.’

Despite this rough patch, the firm has seen its share of early success. Several new employees have been hired, and the firm’s asset balance sheet is growing steadily. If things go according to plan, managing $50 million worth assets by late 2018 will be achieved.

Featured image from Shutterstock.

The post Chris Matta Walked Away from Goldman Sachs Position to Venture Into Cryptocurrency appeared first on NewsBTC.

One of the most influential people in blockchain is close to unveiling her next move.

Cryptocurrency has begun making an impact on the TV landscape. Dozens of TV shows have made references to Bitcoin and other cryptocurrencies over the years, though not always in a positive manner. It now seems a YouTuber known as Crypto Crow will be getting his own TV show on CBS, CW, and Roku starting next month.

Crypto Crow on Television

It is good to see major US TV broadcasters pay attention to cryptocurrency. All of the drama and controversy in the crypto industry often makes for some pretty good headlines, and even generates ideas for TV shows every now and then. Indeed, CBS’s New York affiliate will broadcast its very own show on cryptocurrency starting June 25.

The show will be hosted by Jason Appleton. That name might not necessarily ring a bell for most people, as he is better known as Crypto Crow on YouTube. His videos have generated a lot of views over the past few months, mainly thanks to his ICO reviews and his successful investments in various currencies and tokens.

Although a following of 70,000 YouTube subscribers doesn’t warrant getting a dedicated TV show on CBS New York, it seems the channel is more than interested in what Appleton brings to the table. He is a valuable influencer in the world of cryptocurrency, and the Crypto Crow brand has become increasingly popular over time. Through an agreement with CBS Television networks, 13 episodes of “Crypto Crow Show” will be aired in select markets.

More specifically, the first season of this show will air in New York, Philly, Pittsburgh, Detroit, Atlanta, Tampa Bay, and on Roku. In total, “Crypto Crow Show” will be broadcast to over 47 million homes. Just because this show can be watched in so many locations doesn’t mean it will ever get 47 million viewers per episode. However, it is an interesting experiment by CBS, to say the very least.

The show itself will focus on many topics, ranging from ICOs to bot trading and cryptocurrency mining. This industry involves a lot of topics and aspects, all of which will need to be highlighted. Allowing people to gain a better understanding of how cryptocurrency works is vital for getting people excited about Bitcoin and altcoins.

This is the first time a cryptocurrency YouTuber has launched their own TV show. While it is not on the grand scale most people would have liked to see, it can set a precedent for future shows on major US TV channels. CBS is definitely taking a gamble, and one that may not necessarily pay off in the long run. Nonetheless, it’s a major development for fans of Crypto Crow.

CoinChangeX, the decentralized exchange is officially launched for crypto enthusiasts.

CoinChangeX provides a simple and safe interface to trade ETH based tokens. The users remain in 100% control of their funds all the time on CoinChangeX. The private keys imported by users are never sent over the Internet and all transactions signing operations are done locally, stored in the cache of the browser.

Currently, the platform is offering 0% Transaction fee to all the users as a part of launch promotion for next 1 month. All the users will be able to trade freely on the platform without the fear of paying an extra transaction fee for all the transactions and will see faster trade execution. Users will have variety of token selection on the platform with continuous customer support on Discord and Telegram group of CoinChangeX. There will be 100% security and control of funds, making it much safer to use.

Over 80 most popular tokens have been listed so far on CoinChangeX. Currently, the listing process is not hectic, and the token owners will just have to submit their token listing requests through the Google Form given on the platform. To get your token listed, please click here.

CoinChangeX has also started to look out for partnerships. FundYourselfNow managed to onboard itself as the first partner of CoinChangeX after its launch. FundYourselfNow is a global cryptocurrency crowdfunding platform which assists ICO projects in planning and executing their marketing activities including whitepaper review, token model review, content, email and social media marketing and growing the project community.

Contact Email Address:

[email protected]

Telegram Group Link:

https://t.me/coinchangex

Discord Link:

https://discordapp.com/invite/XJHvFg3

Follow CoinChangeX on Twitter:

https://twitter.com/coinchangex

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.