Day: May 28, 2018

Yesterday’s Ethereum price movements were interesting. Within 70 minutes, Ethereum was down five percent in the process sliding to $500. That’s our previous support line and immediate bear targets in line with our previous analysis. Luckily for EOS supporters, it’s highly likely that EOS ETH dump is all but over now that their mainnet launch is less than three days away. If that is the case, ETH prices might steady.

From The News

From recent discussions at Reddit, Bitcointalk and other complementing forums, the Rothschild family seems to be making inroads into cryptocurrency. While the motive is shrouded in fear and excitement, the fact that a new old money coin backed by billions if not trillions of USD should be a cause of concern.

Like I said their objectives are not clear. Nevertheless, we can speculate that after buying Poloniex via Goldman Sachs which they own, odds are IMMO would most likely be a stable coin. It may be something like Tether but padded by Gold or some precious metals. That’s how these guys have been making their money running the UK’s Government bond markets in the last 200 years. For perspective, Tether through BitFinex have an account with a Dutch bank, Dutch bank ING. The Rothschilds own this bank.

Are "the Rothschilds" actually remotely as powerful and coordinated as the conspiracy theorists seem to believe, or are they just a group of old-money socialites and all that other stuff is overhyped?

Help me learn and decide! https://t.co/rYcyEHhM6F

— Vitalik "Not giving away ETH" Buterin (@VitalikButerin) May 26, 2018

It’s in the mix of all this uncertainty that capital injection is about to hit the market via a group of institution-like-individuals jolted Vitalik out of his comfort zone. Through Twitter he posed a question asking anyone interested to understand if these guys are but what people say about them. Do you think IMMO is a direct threat to the Ethereum Project?

Going on, did EOS deliberately dump more than 180,000 ETH at BitFinex with just three days to go before their mainnet launch? Everybody think they did. In their one year ICO, EOS has been selling ETH as they advance their cause of toppling Ethereum from the number two spot. EOS accounts show that they have 300,000 less ETH after yesterday’s mini crash.

Ethereum (ETH) Technical Analysis

Weekly Chart

Ethereum Weekly Chart by Trading View

Like most coins, Ethereum sellers continue to press the gas pedal. As we can see from the weekly chart, last week’s $170 depreciation of ETH prices was enough to push bears below a key support line at $650. Because of this inclination, trading this pair would be easy and all traders have to do is to wait for a pullback towards $650 and liquidate. After all, selling would be tagging along with bears as trade volume indicates. After last week, there was a sharp increment in trade volumes pushing prices below our previous support line as ETH closed at $570. In case you want to fine tune entries, using the daily or 4HR charts would prove useful.

Daily Chart

Ethereum Daily Chart by Trading View

After yesterday’s EOS’s ETH dump, there was a mini flash with ETH prices hitting our immediate bear target at $500. However, on technical terms, yesterday’s bear candlestick qualifies to be a climactic candlestick simply because of spike in market participation. Of course, it’s precarious now. Trading against the trend is but a guarantee to lose money while timing bottoms is like catching a falling knife.

This is why I say staying calm and waiting for today’s candlestick to close is a superior trading strategy. If it ends bullish with strong volumes then buy on Wednesday. On the flip side, if those higher highs fail to break above $600 with light or below average volumes, the wait for sell signals to print on the 4HR chart and sell with targets at $360.

The post EOSIO Induced Ether (ETH) Dump Wipes $5 Billion Off Ethereum: Ethereum (ETH) Price Analysis (May 29, 2018) appeared first on NewsBTC.

After yesterday’s spark in bear pressure, allegation of EOSIO dumping ETH took center stage. Hawk eyed traders and observers saw this sell off happening at BitFinex and chances are it is likely to drag other alt coins with it. Mind you, EOS and Tron mainnet launches is happening over the weekend and before then bear pressure might taper. This is sole reason why I recommend checking the 4HR chart for EOS or Tron bullish signals before trading.

EOS Price Analysis

EOS Daily Chart by Trading View

It’s no doubt that EOS continues to draw the attention of investors, speculators and haters in equal measure. The thing is long term benefits of any coin and their user case is what ultimately draws value and that’s paramount for investors. Now, while Binance was increasing the number of EOS tradable pairs, there is a strong rumor going on that the EOS team was busy unloading Ethereum hence the flash crash. You see, all this boils down to the nature of blockchain’s transparency.

Observers could see this dump happening at BitFinex. Now, whether this is a climactic ending of a short term ETH bear move or not we are not sure. What we know for sure is that EOS floats on positive vibes and that might be an advantage in the next three or four days.

Price wise, there are no major changes. EOS prices are still oscillating inside May 24 bullish candlesticks and that’s impressive. The longer the consolidation, the better the momentum for buyers keen on buying at a discount. Currently, what I recommend is staying put and trading according to yesterday’s trade plan.

Litecoin (LTC) Price Analysis

Litecoin Daily Chart by Trading View

Whenever there is a worthy mention of Bitcoin, expect Litecoin’s name to pop up. In Japan, six more cryptocurrency exchanges operating through Tokyo Stock Exchange listed companies are ready to list the top three cryptocurrencies and Litecoin. Remember, this is exclusive of the nine cryptocurrency exchanges that are currently licensed by the FSA. Indeed, this is but a big boost for Charlie Lee’s Litecoin because with every addition, there is capital injection drawing liquidity which in turn stabilizes coin prices.

After yesterday’s bear candlestick, prices are back to $110. This is a strong support zone. Taking into account current technical development, we should be waiting to see if there would be a break below $110 or if Litecoin buyers will reject lower lows. Either way, today’s candlestick influences medium term trend regardless of whether there is a break below or bounce off $110. Yes, while there is a long lower wick following yesterday’s bear candlestick indicating pockets of buy pressure, technicals don’t favor buying at the moment.

Stellar Lumens (XLM) Price Analysis

Stellar Lumens Daily Chart by Trading View

If anything, these series of lower lows tags well with yesterday’s projection. As visible from the chart, prices are on a slide. In the last 24 hours, Stellar Lumens has been on a slide losing five percent meaning bears have been successful in pushing prices below May 24 lows of 25 cents. I’m looking for sells in days to come with conservative targets at 20 cents today or tomorrow.

Tron (TRX) Price Analysis

Tron Daily Chart by Trading View

Even in the midst of this bear run, Tron continues to draw support from various exchanges. OKex, one of the largest cryptocurrency exchanges in the world for example has announced support for the new Tron coin. Complementing this is good news that a former IBM Engineer, Taihao Fu, shall be joining Tron. As usual, Justin Sun couldn’t hold his joy. With this, he hopes that his ambition of creating “A New Code of Freedom” through their mainnet launch is in motion.

#TRX $TRX @OKEx_ will support #TRON blockchain upgrade and token migration. https://t.co/Q77v0eKJ1Q

— Justin Sun (@justinsuntron) May 28, 2018

Technically, in light of yesterday’s depreciation, I shall be looking for short term sell. Even so, caution should prevail and for protection, trade with tight stops with targets at 5.5 cents. Like EOS, I strongly believe Tron shall find support today or some few hours before their mainnet launch.

IOTA (IOT) Price Analysis

IOTA Daily Chart by Trading View

Several projects are underway inside the Tangle. One of them is Oyster, a file storage project that rides on Tangle benefits including fast settlement and scalability. All they want to do is provide an alternative channel for mobile users to store their files and earn revenue through the internet. Uniquely, Oyster isn’t 100 percent blockless because their PRL (Pearl) tokens are ERC-20 but their Oyster Protocol depends on the Tangle.

OYSTER PROTOCOL: The future of website monetization and distributed storage, built on IOTA Tangle and Ethereum https://t.co/EbZrSZTlzH #PRL #SHL #IOTA #ETH

— Oyster Protocol News & Info (@OysterPRL_SHL) May 28, 2018

Despite everything, yesterday’s depreciation was low in volumes. Yes, price broke below support.  But if there is a confirmation of yesterday’s bear pressure in the course of the day, then chances are IOTA sellers might test $1. After all, we are in a down trend and $1 is a key psychological level.

The post The Life of A Hodler??? :IOTA, EOS, Tron, Stellar Lumens and Litecoin Price Technical Analysis (May 29, 2018) appeared first on NewsBTC.

Bitcoin Press Release: HADA DBank has announced its first corporate client further bringing crypto into the mainstream.

May 22nd, 2018, Kuala Lumpur, Malaysia – HADA DBank has managed yet again to reach another milestone. 2 weeks into their ongoing token sales, Überstate signed the deal to become HADA DBank’s first corporate client, in an agreement that oversaw a purchase of 1 Million USD worth of HADA Coins. This agreement will see the true spirit of the crypto-community in supporting each other, to build a more vibrant and sustainable crypto-nomy and ecosystem.

Hisyam M, Chairman & Interim CEO, Hada DBank stated;

“We are ecstatic on the purchase of HADACoin and to forge a partnership with Uberstate by having them as our corporate client which is a mark of confidence on our Banking project. Having 2 blockchain-based projects working together is the true meaning of blockchain economy that represents 1 of the spirits of blockchain in general, sharing economy. We’re looking forward to work with Uberstate in servicing their clients in the nearest future and to forge more partnerships with not just blockchain-based but also common entities in our effort to introduce HADA DBank Banking products and services to the mass market.”

When contacted, Überstate CEO, Jess Davis has this to say

“Überstate views HADA DBank as a partner in every respect in the blockchain banking industry. We are very confident in the abilities of HADA DBank to full fill its mission as an Islamic bank on the blockchain and help evolve current the state of the banking industry internationally. We would like to thank DE Asset Management and F1 Cryptos for their role in this transaction and acknowledge Both Michael Buchbinder and Darrell Emmanuel as the brokers of record in this transaction and the fidelity of all parties involved.”

Überstate Real Estate Investment Tokens will revolutionize real estate investment through direct fractional ownership of Large-scale hospitality based assets and businesses; the underlying value of the token itself is backed by Real assets and the utility of the token in exchange for goods and services in our various locations globally.

Überstate has designed and developed an investment platform that is 100% automated and allows direct investment into Large Scale Commercial Real Estate Developments and Businesses via blockchain based securities tokens.

They will soon conduct their official token sales. Exact dates will soon be announced.

The Hada DBank Token Sale

The FIRST 1,000,000 HADACoins will be priced at 3,000 HADA per 1 ETH. The normal price structure will be in effect for the remaining units at 1 ETH per 1,500 HADA. There will be a minimum contribution of 0.15 ETH per transaction. Following the success of its Pre-sale, Hada DBanks aims to reach its soft cap at 5,000 ETH and hard cap 30,000 ETH respectively to further progress at a desirable pace.

Learn more on the Hada DBank website – https://www.hada-dbank.com/
Read the Hada DBank Whitepaper – https://drive.google.com/file/d/16nbPwXqjXRRmVKstu1dn4NobywANASkH/view
Chat with the Hada DBank team on Telegram – https://t.me/HADADBank
Follow Hada DBank on Twitter – https://twitter.com/HadaDBank
Follow Hada DBank on Facebook – https://www.facebook.com/hadadbank.official/
Check out Hada DBank on Instagram – https://www.instagram.com/hadadbank/
Learn more about Hada DBank on Medium – https://medium.com/@hadadbank
Visit the DE Asset Management Limited Website here – https://deasset.ca/

Media Contact

Contact Name: Linda A
Email: [email protected]
Location: Kuala Lumpur, Malaysia
Company: Hada DBank

Hada DBank 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. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Corner those experienced within cryptocurrency’s ecosystem, and they’ll admit something akin to addicts exist. That fine line between obsession and irrational exuberance is probably best exemplified in wild price fluxuations, furious buying and selling. At least one historic county in Scotland, Peeblesshire (Siorrachd nam Pùballan), believes they’ve identified bitcoin addicts, and are beginning to treat them in the same manner as those with similar attractions to gambling.

Also read: Bitgrail Exchange Ordered Down Indefinitely as Italian Court Upholds Halt

Bitcoin Addicts are a Thing in Scotland

Crypto addicts could do worse, and that’s for sure: Scotland’s Castle Craig Hospital addiction treatment center is a bucolic, sprawling campus seemingly designed to induce calm and reflection. It’s also home to a first of sorts, according to regional press: a concentrated program set to dealing with a growing phenomenon, cryptocurrency addiction.

The hospital’s creative writing coordinator and gambling therapist, Christopher Burn, explains how the “high risk, fluctuating cryptocurrency market appeals to the problem gambler. It provides excitement and an escape from reality. Bitcoin, for example, has been heavily traded and huge gains and losses were made. It’s a classic bubble situation.”

Mr. Burn can be temporarily excused from jumping his lane into speculative finance; a good guess is literally no one seeks him out for economic analysis. But the rest of his point can be valid in the sense of popular anecdotes. At what time in the journey from regular, functional adult to 21 year old Canadian living in a car to save money in order to buy lesser-known crypto is it an addiction? What if the example does not involve a ballsy single dude; instead, it’s a family of five with three children, parents in their late 30s, who’ve sold their house in hope of riding the-then booming bitcoin core (BTC) price? Are these examples of addiction or are they simply badass pioneers who know something the rest of us do not?

Is Crypto Just Gambling in Disguise?

Tony Marini, on site therapist, and someone who has also struggled with cocaine and gambling addictions himself, details, “Having been through it myself, my experience of addiction gives me insight and empathy towards others who have the same problem. I see cryptocurrency trading as a way for people to escape from themselves, into another world, because they don’t like the world they’re in. The first stage of treatment is to join other addicts in group therapy and share their life stories. This helps them identify with each other and realise that they’re not alone.” 

A recurring word, “escape,” permeates both explanations, still admittedly fuzzy in the way of a solid definition. Nevertheless it does seem if crypto occupies too great (?) a space in a person’s mind, to a point where they chronically ignore real, ongoing life around them, they just might have a problem. And since speculative markets very often evidence fast fortunes gained and lost, and gained and lost again, there must be properties of problem behavior similar to gambling addictions (which have been well-documented).

Experienced in treating addictions such as traditional alcohol and drug problems, Castle Craig Hospital has begun addressing addictions involving cryptocurrency. Indeed, they’re using techniques in the course developed from successful gambling addiction methods. Though more than ten million people worldwide are said to be trading and dealing in cryptocurrency, no firm numbers or percentages exist regarding the amount of people with addictive symptoms.

Do you think crypto addiction exists? Let us know in the comments. 

Images via the Pixabay, Castle Craig Hospital.

Now live, Satoshi Pulse. A comprehensive, real-time listing of the cryptocurrency market. View prices, charts, transaction volumes, and more for the top 500 cryptocurrencies trading today.

The post Bitcoin Addicts Crave Risk, Excitement, Escape appeared first on Bitcoin News.

South Korea’s largest exchange Bithumb will no longer be accepting new users and removing existing ones from 11 countries presently under investigation by the Non-Cooperative Countries and Territories (NCCT) Initiative. Countries included on the NCCT list are North Korea, Iran, Iraq and Sri Lanka. This was announced by Bithumb on 27 May and reported by local news outlet Yonhap News on 28 May.

Global responsibility

Outlining the move, Bithumb says it is acting as part of “global anti-money laundering efforts”, later adding that “NCCT users will be prevented from using the exchange so that cryptocurrency is not used to fund international terrorism”.

NCCT countries are ones that have been identified by the Financial Action Task Force on Money Laundering (FATF) as being regions which are lacking significant anti-money laundering policies and regulations, as well as their use of these funds for illegal operations.

Bithumb is the largest cryptocurrency exchange in South Korea and fifth largest in the world by trading volume. Taking this stance reveals the intents of the trading giant; to remain compliant not only with the laws and regulations within South Korea but also with that of the global community, reducing the risk of any conflicts with local and international regulators.

Furthermore, to reinforce this, the development team at Bithumb are soon to implement new procedures for foreign users, requiring them to undergo a mobile verification process, preventing users from being able to falsify personal information such as their address.

A Bithumb spokesperson told Yonhap, “The Bithumb team will voluntarily impose strict policies and cooperate closely with local financial authorities to increase the transparency in the cryptocurrency market and protect investors. With progressive voluntary policies, Bithumb will improve the global standard of cryptocurrency exchanges.”

Efforts elsewhere

The regulatory wheel is spinning at quite some pace all over the world. Discussions of how to classify cryptocurrencies for purposes of taxation and regulation frequently appear in the news and the recent move by Bithumb is reflective of this crucial period in the industry.

Cryptocurrencies and initial coin offerings are two facets of the blockchain industry that have regularly faced scrutiny from all corners of the globe. India, for example, had previously and very cautiously approached the technology, but is moving toward creating the necessary taxation framework to thwart illicit cryptocurrency activities.

Recently, the European Union introduced know-your-customer regulations to cryptocurrency exchanges, which are a means also to counter crypto-related illegal activities that are often enabled by the anonymous nature of cryptocurrencies. France has been a leading force in the European crypto industry, with positive regulation discussions and taxation law reviews that paint a bright future for the industry.

The latest move by Bithumb should reinforce the efforts made by the global community. The South Korean exchange’s latest action is rather significant considering the country’s increasingly positive blockchain industry developments.

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Hangzhou Blockchain Industrial Park (BIP) has issued six types of funding to attract new businesses as it seeks to expand its reputation. The park, which was opened on April 9, is offering subsidies ranging from venture capital funding to PhD living allowances.

Subsidies Encourage Blockchain Industry

The move is aimed at introducing ‘high-level talents’ to the industrial park as well as improving the blockchain industry as a whole. It will help with talent introduction, financial management, and supplying equipment.

The announcement said:

“The industrial park collects high-quality projects in the blockchain industry all year round. Accepted projects can be located in the Hangzhou Blockchain Industrial Park, enjoying preferential policies and making full use of the park’s resources.”

The fund includes subsidies for individual talent such as an up to three million yuan ($468,000) settlement amount and a one-time living allowance for Masters and PhD students. The incubation platform has rewards of up to 15 million yuan ($2.3 million) rent allowance. Other funding includes up to 20 million yuan ($3.1 million) for equity investment guidance.

The BIP was opened with ten blockchain companies already signed up and is linked with a research institute and an innovation fund of $10 billion yuan ($1.5 billion). The fund is managed by Hangzhou Haoyu Investment Management Co. The BIP was opened two weeks after plans for an international Chinese Blockchain Center were scrapped due to legal technicalities.

Blockchain companies are in high demand across the world as various countries seek to attract them. The island of Malta, the EU’s smallest member, has become well known for offering legal certainty to blockchain companies in order to attract them. The legal grey areas regarding blockchain technology have created confusion for such companies from questions over data protection to security regulation in the U.S. Malta has also offered very favourable tax rates as low as five percent.

The government of China has reiterated its worries over fraud and other scams in the blockchain space. A report published on May 21 also expressed concerns over the possibility of a 51% attack, which has recently happened twice to Verge in a matter of weeks. It acknowledges that there are nearing 500 blockchain-based companies in China and that the industry saw exponential growth in 2017.

China to ‘Accelerate’ Blockchain Technology

A report has been published aiming to develop the pilot free trade zone in Guangdong, China. The trade zone, near Hong Kong and Macao, integrates three existing zones over 116 sq. kilometres. It was approved in December 2014 and implemented in April 2015. The report shows that the zone met its initial results and, in general, achieved its expected goals. It aims to reform the zone and open it up wider. It also sets out plans to support the integration of Hong Kong and Macao into the overall development of the country.

The report said: “We will vigorously develop financial technology and accelerate the research and application of blockchain and big data technologies under the premise of legal compliance.”

One of the aims of the reforms is to develop science and technology finance. The support for the zone includes pilot investment and loans to promote innovation. Plans include building a regional equity market in Guangdong and introduce Hong Kong, Macao, and other investors to participate in it.

Featured image from Shutterstock.

The post Millions in Subsidies Offered by Chinese Blockchain Industrial Park to New Companies appeared first on NewsBTC.

Cryptocurrency trading just became faster and easier than ever before with the launch of Wisebitcoin, the world’s first cryptocurrency trading service offering leverage levels up to 20:1 utilizing the MetaTrader 5 trading engine.

KINGSTOWN, ST VINCENTANDGRENADINES MAY 28, 2018— Wisebitcoin is pleased to announce that their pioneering cryptocurrency trading platform is now up and running. The platform utilizes the MT5 trading engine, and has earned the distinction of becoming the first ever crypto trading platform with leverage levels that may extend up to 20:1. The team behind the creation of this start-up have a wealth of experience in the margin trading industry and are now applying their expertise to the cryptocurrency domain.

While cryptocurrency trading commonly begins solely with a buy to open order, margin trading allows the traders to open orders by either buying or selling. This means that depending on their views, the traders can take advantage of the market’s volatility by taking short or long positions. Moreover, margin trading also allows taking more cryptocurrency positions compared to the funds in the margin account. Though extremely profitable and popular, experts suggest a cautious approach to trading with the margin accounts, because if the trader’s equity drops below the minimum required margin, excessive leverage may lead to losses.

Wisebitcoin has built a user-friendly platform where traders thrive in a sound and secure trading environment. The primary areas of emphasis for this platform are fast and secure executions and proactive customer service. The company has partnered with several global cryptocurrency exchanges to offer the industry’s most reliable and secure trading environment. Wisebitcoin has already adopted a plethora of popular cryptocurrencies including Bitcoin, BitcoinCash, Ethereum, Ethereum Classic, Litecoin, Ripple, Dash, Augur, Gnosis, Melon and many others. They also have over 40 names in the trading venue.

Some of the most important features of Wisebitcoin include:

• Leveraged trading and long or short positioning
• Anywhere from 1:1 to 20:1 leverage levels, depending on the instruments
• The option to either buy or sell to open
• Deposit and withdrawal via bank wire, e-wallet, credit card, or crypto
• Universally standardized MT5 Mobile/Webtrader/Download

Wisebitcoin currently offers three different types of product groups:

• Crypto Currency 5d: Ideal for short-term momentum traders using highly liquid major coins
• Crypto Currency 7d: Suitable for Alt Coin traders and long-term investors in major coins
• Token Trading: Great choice for Bitcoin/Ethereum holders using the service for margin requirements to facilitate long/short positions in a larger selection of coins

Wisebitcoin is part of Land Prime Group, which owns well established financial institutions including Land-FX UK, Land-Liquidity, Land-FX of St Vincent and Grenadines.With subsidiaries all over the world, the group is known for its emphasis on safety and soundness in FX margin trading. With their support, Wisebitcoin has built a team of top notch engineers and developers to meet the ever increasing demand for online security and reliability.

“For the first time in the industry, our platform is exclusively designed to facilitate the needs of Cryptocurrency trading in a way no other margin trading exchanges have before,” claims  a senior spokesperson from Wisebitcoin. “With such exclusivity, we are confident that we can help our users trade without any friction.”

About Wisebitcoin: Wisebitcoin is the first ever crypto trading platform with leverage levels up to 20:1. This user-friendly platform allows traders to take advantage of the global blockchain market’s rapid growth and offers a sound and reliable trading environment with an emphasis on fast and secure execution and customer services.

For more information about Wisebitcoin’s revolutionary approach to cryptocurrency trading, contact Lucian Mihalachi at [email protected], or visit https://wisebitcoin.com/.

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.

MAY 28, 2018 – MARK.SPACE, which operates world’s first open-source, platform-agnostic 3D, VR and AR-compatible ecosystem, today announced two major technological developments: the upcoming launch of their own unit trading platform UNITEX, as well as some spectacular additions to the design of their virtual universe – a rich variety of highly-realistic and thematic 3D renders.

MARK.SPACE enables businesses, e-commerce merchants, and private individuals to quickly and easily create a fully 3D, VR and AR-compatible world that can be accessed from any device with any browser, while also being well-suited for any VR-enabled headset. Using simple and easy-to-use proprietary tools developed by MARK.SPACE, users can develop state-of-the-art virtual ‘units’, and the 3D objects inside these units. Currently, five localized cities are open for settlement: Japan, China, Russia, Korea, and Global. The latter is already at its 80% capacity. To date, the company has raised a total of US$22 million from investors globally.

Set to launch in the end of May 2018, UNITEX, yet another convenient embranchment of the platform, will serve as an online exchange for existing units within the MARK.SPACE Universe. It will enable registered users (of which there already are approximately fifty-thousand, with the number steadily rising), to use this handy tool to browse, sell, buy, or exchange units with others registered in the system. Like all MARK.SPACE add-ons, packages and applications, UNITEX will be accessible through MARK.SPACE PASS – the users personal account that interconnects all of the platform’s integrations.

In terms of VR-compatibility, one of MARK.SPACE’s unique selling point has always been the know-how creation and integration of ultra-light weighted and, at the same time, incredibly realistic 3D-renders. Back in December 2017, the platform pleasantly surprised its Community and even more so the industry experts by launching and making publicly accessible their free visual Constructor. Today, MARK.SPACE is adding extensive designer packs to its already impressive 3D-template collection. Users will soon be able to choose from four designer packs, called “Lite”, “Smart”, “Exclusive”, and “Individual”, respectively. Each pack will include various thematic interior styles, decorative elements and items of interior.

MARK.SPACE is also allowing its residents to place project orders, after which 3D-architects will create unique location designs customized to someone’s specific order. Users can send their own templates, pictures, photographs, videos and such, which all could be integrated into their MARK.SPACE Units. Acquirers of customized designs can even choose to buy exclusive ownership rights to all unique decoration elements created. Some of the extensive designer packs are already available to registered users, with more to follow.

MARK.SPACE is an open-source platform for creation of 3D, VR and AR-compatible websites, available on any browser, on any device, and without pre-installation or pre-registration. Users don’t need to know even the basics of programming to create VR-compatible web-spaces and headgear is optional. HTML5 frontend development allows to connect any top-level domain to any space in the virtual universe of MARK.SPACE. Website: http://mark.space

Contact: Utushkin Vladislav, CMO MARK.SPACE

Website: http://mark.space/

Email: [email protected]

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.

Here’s ten reasons why Essentia has the potential to break the internet of fragmentation and propel us towards mainstream blockchain adoption.

1: Essentia is not just an application or a simple platform, it’s a protocol.

Essentia does front itself with a user-friendly interface to navigate across multiple blockchains and decentralized apps. But its open-source code also means that developers can tuck into the back end and create customized experiences, for anyone to use.

2: Essentia automates the unnecessary digital admin, meaning you can get back to working on what really matters.

Buying or selling crypto/assets? Simply set the value parameters to your preferred prices and Essentia will scan over your exchanges. By doing all the manual work instantly, Essentia ensures you get the best value.

3: Essentia is creating two brand new application classes, cross-chain apps (cApps) and multi-chain apps (mApps).

As we have all begun to realize the world of blockchains are painfully fragmented. The lack of integration is exactly what Essentia has aimed to eliminate, with this new protocol, decentralized apps can function across chains and work simultaneously on multiple chains.

4: As a personalized operating system, Essentia allows us to interact with the new decentralized Internet. It’s like a bridge between the past and the future.

For newcomers and tech experts alike, accessing and managing the web of decentralized entities has never been easier. Essentia can be thought of as a customizable OS which enables us to transport our data from centralized platforms to infinitely more secure decentralized services.

5: Essentia cannot own or access your personal data, nor will the (de)centralized services you use.

Imagine no centralization, it’s easy if you try. No data thieves below us, above us only sky… Doesn’t really flow, but you get the gist. There is no supreme commander with access to swathes of personal data. Everything done within Essentia remains completely in the users’ hands, we can thank blockchain technology for that.

6: Essentia automatically interoperates with DApps in their native token, you’ll never need to carry multiple tokens again.

Requiring a single token for each DApp you use is incredibly unpractical considering the time and cost in acquiring them. The ESS token may be the last token you ever have to obtain, that’s because it enables you to access your favourite decentralized services in one. How convenient!

7: On top of Essentia you can build applications in whatever language you want.

Essentia is language agnostic. We wanted to make sure any developer around the world has the ability to use Essentia as their tool to create next generation blockchain based decentralized facilities. It’s a way of ensuring we build this community together, spread the blockchain love and speed towards mainstream adoption.

8: Essentia has integrated the best of the best applications, so you can natively interact with one convenient point of access.

One seed to access your digital life, in its entirety or just sections. Our hard work partnering with and integrating the next best apps and services means it’s finally possible to have your entire crypto life secure and accessible only to you, from anywhere in the world.

9: Decentralized passwordless logins.

It has finally become a possibility! Forget insecure passwords that are likely to be forgotten and vulnerable to be hacked. Essentia has adopted state of the art eLogin technology to ensure your accounts are only accessible to you.

10: Important for us investors out there — buy-sell crypto instantly.

Ever checked the price of crypto then gone onto your exchange and it’s already changed for the worse? Never miss out on a good deal again. Not only can you automate the process but you could even use Amazon Alexa to voice command trades across the various exchanges to get the best price. Not a single button needs to be pressed!

The extent of possibilities is by no means limited to ten examples, but we can already see why investors are getting excited about the upcoming ICO. The private sale recently closed which reached the hard cap of over $20m and offers for over $70m. It’s not too late to register in the whitelist so head over to Essentia.one and have a look around!

For more information check out the official website and join the Essentia Telegram.

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.

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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.

A recent report coming from China on the blockchain industry shows that the average blockchain project lifespan is just 1.22 years, with only 8% of projects ever launched still active.

Blockchain trends

He Baohong of the China Academy of Information and Communications Technology (CAICT) spoke at the at the China International Big Data Industry Expo 2018 in Guizhou, as reported by the media outlet China Money Network on 28 May.

“[Blockchain projects] came out very quickly, but die quickly as well,” Baohong said at the event, referencing the problematic short-term nature of the businesses.

He continued, “In this circumstance, governments globally are accelerating their efforts to establish unified standards in order to help blockchain projects to achieve real-life applications.”

Baohong relayed just some of the information detailed in the report, in anticipation of the release of the full CAICT analysis into blockchain industry trends.

Six other blockchain trends were mentioned in the report, including “increasing integration of the flow of data and assets” as well as “accelerated pace of the growth of digital assets”.

While there are clearly issues indicated by Baohong that the blockchain industry needs to target and improve, one solution is efficient government regulations.

China and blockchain

China is indeed a leading figure for blockchain regulations. Early this week it was reported that the ministry of industry and information technology has verified that the country’s plan to launch a national blockchain standardization committee should be ready to launch by the end of this year.

The committee structure is planned to operate much like that of the TC 307, the International Organization for Standardization’s (ISO) counterpart blockchain commission, offering a comprehensive framework for blockchain standards.

Baohong addressed China’s positive, progressive stance on the industry in his speech, noting, “We have established verifiable blockchain programs in China, and nearly 200 private enterprises have expressed interests to join”.

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A senior official at the Central Bank of the Russian Federation has stated that additional research and exploration is needed to fully grasp the potential benefits of the blockchain technology.

Olga Skorobogatova was speaking in a discussion held at the SPIEF conference in Saint Petersburg.

Does Blockchain Need Better Scaling Solutions and Security Advances?

During Skorobogatova’s address she stated that blockchain was still unable to scale to necessary levels and that it was lacking security. To this she added that the technology was still not mature enough generally.

According to a report in local news publication Prime, the central bank official stated during the discussion:

“In the world there is still no big industrial solution on distributed registers, except for Bitcoins… This is mainly due not to the fact that the technology is not mature enough… it still requires a lot of improvements both from the point of view security, and in terms of scalability.”

To this she said that there were two areas that blockchain technology could be beneficial. The first she mentioned was electronic letters of credit. The examples of Ripple and the Corda platform developed by R3 were used to highlight this. The second potential area that blockchain could be useful, according to Skorobogatova, is for use in offline applications and for the creation of smart contracts. Here she cited Ethereum and Hyperledger to illustrate her point.

She continued, stating that the technology had not seen mass adoption in part due to the fact that business executives have been naive to the benefits of embracing the technology.

Finally, she surmised that although blockchain technology was poorly understood at present, she felt that 2018 would be the year that businesses and executives began to develop the ‘practical understanding’ necessary to put the innovation to use on an ‘industrial basis.’

The SPIEF conference ran from May 24 until the 26th. SPIEF stands for the Saint Petersburg International Economic Forum. The annual Russian business meetup is now in its 21st year.

Despite the central banker highlighting some perceived issues with blockchain technology, Russia seem to be one of the nations who are most interested in the innovation. Earlier this year, we reported on the nation’s plans to launch their own form of digital money, known as the Cryptorouble. They are also reportedly behind the Venezuelan Petro coin that was launched in February 2018. There is evidence to suggest that the world power has backed the first government-issued digital currency as an experiment in evading U.S. economic sanctions.

All quotations have been translated from Russian.

Featured image from Shutterstock.

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