Day: June 9, 2018

In the cryptocurrency world, there is hardly ever any positive price momentum over the weekend. It seems this weekend may prove to offer something different, as the EOS price has risen by 3.93% already. This makes it one of the bigger “gainers” over the past 24 hours, and seemingly spells more positive momentum may be looming on the horizon.

EOS Price Aims for $15

With another rather disappointing week of cryptocurrency trading in the books, there isn’t much to be overly excited about at this stage. For the EOS price, the past week has seen ups, downs, and sideways momentum all over. While the momentum started out above $15.3, the EOS price quickly dropped to under $13 a few days later. That in itself is not surprising, as all other cryptocurrencies suffered from similar momentum around the same time.

Even so, the EOS price successfully recovered from the big dip eventually. Around 24 hours later, the EOS price had recovered to just over $13.7, and a few days of sideways trading ensued shortly after. Fast forward to today, and the value per EOS has risen to $14.49 again. Although a 3.93% increase over the past 24 hours isn’t necessarily impressive, it is still a positive development given how the rest of the week evolved.

There are also some solid gains over Bitcoin and Ethereum to note where EOS is concerned. More specifically, the EOS/BTC ratio improved by 3.97% in the past 24 hours, whereas the EOS/ETH ratio improved by 3.82%. All of this further confirms things are going according to plan for EOS, although there is still a lot of work to be done prior to speaking of an effective market recovery.

One thing working in favor of EOS is how the trading volume has picked up nicely over the past few days. These past 24 hours have generated over $1.06m in trading volume, which seemingly confirms there is plenty of interest in buying, selling, and trading EOS in large quantities. Such a high trading volume can help push the EOS price to $15 in the coming days, albeit nothing has been set in stone just yet.

Looking at the markets currently ranked by trading volume, Huobi is clearly in the lead with its USDT pair. OKEX’s USDT market is not that far behind, and Binance’s BTC market completes the top three. On the fiat currency front, Bitfinex’s USD pair is in fourth place, albeit it is ever so slightly ahead of Bithumb’s KRW market.  A very good collection of trading pairs for EOS, and one that may effectively push its value even higher in the days to come.

Considering how most of the top cryptocurrency markets appear stuck in sideways trading momentum right now, it is all the more interesting to see the EOS price rise in value. Whether or not these gains cna be sustained for much longer, will always remain difficult to answer. Considering how the bearish pressure hasn’t left the cryptocurrency markets by any means,  things will undoubtedly get very interesting over the weekend.

A cascade of institutional interest this week that ended with news that trillion dollar fund manager Fidelity Investments is looking for developers to create a crypto exchange

Bitcoin Press Release: Spiking, an award winning platform that enables traders to mirror investments by market movers in equity markets, is pleased to announce that two major crypto firms — J Capital and Excavo — have joined the company’s initial token offering (ITO)

June 2nd, 2018. Singapore: .J Capital, a renowned cryptofund, has led a USD 1 million investment round into Spiking’s  PRE-ITO. As a result of the partnership, J Capital’s Chief Investment Officer Kenneth Tan and CEO Jack Ser have been appointed to advisory roles for Spiking. Excavo’s Eugene Loza — the top cryptocurrency trader at TradingView.com. Andy Tian, Group CEO of GIFTO and Ouyang Yun, Group President of Asia Innovations Group, have also been appointed advisors.

Spiking will allow crypto traders to find Whales (i.e. key executives of large companies behind cryptocurrency tokens, mining pools and/or large holders) and follow their cryptocurrency trades[1]. Powered by state-of-the-art tools where followers meet Whales in a completely transparent environment, Spiking will be built on a modern technology stack with fully audited security standards. It  will do this by using smart contracts on the blockchain, allowing users to mirror the trading activity of any Whale and control their own segregated trading accounts directly.

Kenneth Tan of J Capital Stated:

“Having many years of experience in both markets, I am glad that Spiking now offers a solution that allows traditional investors to participate seamlessly in the emerging crypto markets.  We think that this solution will disrupt the industry in a big way and this is a key reason why we chose to participate.”

The Spiking Edge

Spiking connects traders with expert whales who have access to critical information and act upon it quickly, as has already been proven in the stock markets via its popular app. Spiking will give cryptocurrency investors added confidence and peace of mind knowing that their trades will mirror those made by the best crypto investors in the world.

Clemen Chiang, Ph.D., CEO and co-founder of Spiking Said:

“We are thrilled that J Capital and Excavo have joined forces with Spiking, as we continue building a game-changing platform that makes successful cryptocurrency investing easier for everyone,”

He Adds:

“We look forward to working with both teams to execute our vision of transforming and simplifying cryptocurrency investing for millions of people around the globe. Cryptocurrencies are known for their extreme price volatility. It can be incredibly difficult—if not altogether impossible—for average traders to time the market correctly and make the right buying and selling decisions. Spiking allows traders to make better trading decisions by reducing the information asymmetry of the market.”

Eugene Loza of Excavo Stated:

“As an experienced crypto influencer with proven trades in the market, I find Spiking the ideal platform to influence a new generation of crypto traders who can trade alongside me.”

Spiking — which aims to put “1,000 whales in your wallet” — plans to sell tokens to the general public during the third quarter of 2018. The company is targeting to release the first commercial crypto version of its app during the second quarter of 2019.

Andy Tian of GIFTO, said:

“As a founder of tech and blockchain-based startups, I am confident of the market prospect and adoption of Spiking as a key solution to a problem in the market.”

Ouyang Yun of Asia Innovations Group, added:

“For all the ventures that I have been involved in, team execution matters greatly for success. The ambitious aims of Spiking are matched by the energy and competencies of Clemen and his team.”

For the first time, a private sale portion of an ITO is being conducted directly on an exchange. Spiking will partner global blockchain fintech company QUOINE to launch its ITO private sale for a select group of QUOINE’S KYC-approved user base, on 6 June 2018.

About Spiking

Launched in April 2016, Spiking is Singapore’s first financial-technology trading app dedicated to helping the average trader follow the reputable investors as they buy and sell shares on the stock market. To date, Spiking tracks over 170,000 significant shareholders across six stock exchanges in four countries: the United States (NYSE, NASDAQ, AMEX), Singapore (SGX), Malaysia (BM), and Hong-Kong (HKEX).

Spiking is supported by a strong technical team, with Dr William H. Nguyen, as Chief Blockchain Architect. William is also the Chief Crypto Architect of GIFTO, one of the fastest selling ICOs in Asia.

The Spiking app has support from Quest Ventures and National Research Foundation, Singapore Prime Minister’s Office, under the Interactive & Digital Media Strategic Research Programme’s i.JAM Reload initiative. In October 2016, Spiking was awarded a gold at the SiTF Awards 2016, for Best Innovative Start-up (Early Stage), by the Singapore Infocomm Technology Federation.

The app is available on the App Store and Google Play. More information on the ITO can be found at https://spiking.io.

[1]Subject to relevant laws, regulations and licenses, where necessary

Visit the Website: https://spiking.io
Read the Whitepaper: https://docs.google.com/document/d/1gQF9v8AcCtQj5EYuDY40zWf–KAKTjqK_C1FR_3Ul6g/edit?usp=sharing
TelegramEN: https://t.me/SpikingOfficial
Medium: https://blog.spiking.com
Facebook: https://www.facebook.com/stockspiking
Facebook Clemen: https://www.facebook.com/ClemenChiangPhD
Twitter: https://twitter.com/stockspiking
LinkedIn: https://www.linkedin.com/company/spiking.com
Reddit: https://www.reddit.com/r/stockspiking
GitHub: https://github.com/spiking-io
MVP/Prototype: http://spiking.com/app

Media Contact Details
Contact Person: Clemen Chiang
Email: [email protected]
Location: Singapore

Spiking 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. The Spiking token sale is closed to US participants and participants of all countries in which ICOs are illegal.

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