Day: August 23, 2018

Pornhub has partnered with crypto payment solution PumaPay to allow its users pay with crypto for subscriptions

International crowdfunding firm Indiegogo to sell real-estate backed security tokens starting August 24

The U.S. SEC will review its decision to reject nine applications to list and trade various Bitcoin ETFs from three companies

On a positive note, altcoins are stabilizing near our historical reversal drops—90 percent down from 2017-18 peaks. For now, we recommend taking a neutral to bullish stance especially in Litecoin, Stellar Lumens—retesting a monthly support trend line, IOTA and EOS. Fundamentally, TRX might get a boost but that’s largely dependent on the reception of their virtual machine launch.

Let’s have a look at these charts:

EOS Technical Analysis

EOS Daily Chart by Trading View

By adding three percent, EOS prices remains relatively unchanged oscillating within our previous $1 trade range capped by Aug 17 high lows.

At this rate, our previous EOS trade plan is constant and the beat trade strategy here is to wait for a break out above $5.5 for bulls and $4.5 should bears drive prices lower syncing with the eight month bear trend in the process.

Litecoin (LTC) Technical Analysis

From the News

• Wirex, who are partnering with the Litecoin Foundation, now has the approval from the FCA.

We are more than proud to announce that Wirex Limited is only the third #crypto-friendly company in the world to have been granted an FCA e-money licence
What does this mean for us? And more importantly, for you? https://t.co/NC2VivcG93

— Wirex (@wirexapp) August 23, 2018

Technical Analysis

Litecoin Daily Chart by Trading View

If anything, Litecoin is receiving support and we can judge that from simple effort versus results scenario.

Not only are we seeing a scenario where there is rejection of LTC lower lows (it is taking a lot of effort by sellers to reverse Aug 17 single engulfing candlestick) but recent higher highs may after all be the foundation for more upsides today.

However, sticking by our last Litecoin trade plan we shall have conclusive buys once there are strong thrusts above $65-$70 resistance zone. On the other hand, any close below $50 invalidates our optimistic approach.

Stellar Lumens (XLM) Technical Analysis

Stellar Lumens Daily Chart by Trading View

Price wise, Stellar Lumens is stable but tapering lower and is now trading below 22 cents, our previous buy trigger line.

Encouragingly for bulls, there are morale boosting reversals from the monthly support trend line following yesterday’s bullish candlestick.

Going by our last XLM technical analysis, we shall continue holding a neutral approach until after there are movements above 26 cents on the upside and 18 cents on the downsides.

Tron (TRX) Technical Analysis

From the News

• TronChat is the latest innovation by the Tron Foundation

Introducing #TronChat #dApp please check out our Medium article with more details about the project. #Tron #TRX $TRX @justinsuntron @Tronfoundation https://t.co/Z2xT4x2OZz

— tronchat (@tronchatdapp) August 23, 2018

Technical Analysis

Tron Daily Chart by Trading View

All things constant, TRX continues to find resistance in their attempts for higher highs. However, while we may see a revival today as TRX buyers snap back rejecting any lower lows below 1.8 cents—our sell trigger in our previous TRX technical analysis, the simple fact is that sell momentum is fading.

Like most coins under review, it’s a simple effort versus results scenario panning out in the last week of constricted price movement.

This therefore means today’s price action might go a long way in determining short to medium term prices  priming buyers especially if TRX bulls reject sell pressure.

IOTA (IOT) Technical Analysis

IOTA Daily Chart by Trading View

In the midst of a deep downtrend, IOTA prices are stabilizing adding about one percent in the last day.

With this, it also means our last trade plan is unchanged. The best approach as per our last IOTA trade iteration is to wait for a conclusive break and close above 60 cents on the upside—should bulls take the lead—and below 45 cents opening the way for 30 cents retest.

Disclaimer: Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision.

The post Stellar Lumens, Tron, Litecoin, EOS, IOTA Technical Analysis: Altcoin Effort versus Result Scenario Backs Bulls appeared first on NewsBTC.

The U.K. government is exploring the use of distributed ledger technology to secure digital evidence and identity information

The Noah Project team is thrilled to announce that their Noah Coin is now listed on the world’s largest processing platform CoinPayments. It became the 7th in the list of platforms where Noah Coin is available to the community, besides 6 cryptocurrency exchanges that have been confirmed earlier this year.

For the Noah Project listing on such a large platform as the Canadian CoinPayments is a great achievement and another example proving that the project confidently meets milestones in its development and attracts attention from the crypto community, both in the local Asian market and globally.

Founded in 2013, the processing service CoinPayments has become the first platform in the world that offered merchant an opportunity to accept bitcoins and altcoins as payment. At the moment, CoinPayments is the largest payment processor of over 880 cryptocurrencies and has a wide network of 2,216,500 vendors in more than 182 countries internationally.

In addition to the crypto payment gateway, the Vancouver-based company provides a convenient and secure digital wallet, services for the purchase and trading of cryptocurrencies, fast and easy conversion options, the listing of ICO projects, as well as shopping cart plugins and custom payment solutions with a wide array of merchant tools.

Since the first days of its existence, CoinPayments remains true to its goal – to become the industry leader in the field of cryptocurrency processing by providing the best-quality, accessible and reliable services.

The security of users and their assets on the platform is backed by multi-signatures, email confirmations, as well as cold storage of cryptocurrency.

The Noah Project team is confident that “Noah Coin’s presence on CoinPayments is a new story in its evolution. This is an entry point to a brand new, truly global market, which will strengthen the position of Noah Coin in the crypto space.”

Thanks to the listing on CoinPayments, Noah Coin has become available to millions of merchants and users. Now vendors can integrate payments in Noah Coins to their stores or services, and accept them from the customers. Thus, it significantly expands the utility features of the cryptocurrency.

The exciting news about CoinPayments is not everything that the Noah Project team wants to share with their community. Last week, on August 9, the project appeared on the wide screens of Sky News Business – one of the largest television channels in Australia. The project was invited as a guest to the world’s first TV program about blockchain companies. Besides TV broadcast, the show was live on Apple TV and Wall Street Journal. The premiere episode of the Coincast TV program featuring the project and its luxury Noah Resort is available on the official website.

The Noah Project continues to amaze the crypto community with its fantastic achievements and results, heading towards its primary goal to create a borderless world though cryptocurrency.

Want to learn more about the Noah Project or get in touch? Visit the website and join the growing communities on Telegram, Facebook and Twitter.

About the Noah Project

The Noah Project works on providing the crypto holders with an opportunity to join the crypto ecosystem with perfect infrastructure for using cryptocurrency as well as trading. The project aims to gather crypto fans and users (customers, businesspersons, and traders) in one very specific and intuitive ecosystem that can smoothly integrate all the existing features under the same structure. The company focuses on implementing several blockchain-powered products, including the web-based application for remittance transfers, use of Noah Coin in Noah City in Horizon Manila (the Philippines) and the Noah Resort on the beaches of Zamboanga del Norte. In both the City and the resort people would be able to get various privileges and discounts.

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

Successful crowdfunding platform Indiegogo is looking to expand its cryptocurrency and blockchain-based operations. The company is launching a new service which will allow companies to sell digital tokens that are backed by assets.

Indiegogo’s New Service Expands on Earlier Efforts into Crypto Space

The latest service from Indiegogo will first offer investors the chance to buy real-estate shares in a luxury ski resort in Aspen, Colorado. The St. Regis Aspen hotel is looking for $12 million in investment for redevelopment.

The tokens are being issued by Aspen Digital and will be hosted on the Ethereum blockchain. The service will go live tomorrow evening and will allow accredited investors the opportunity to buy “Aspen Coins” through registered brokerages using either Bitcoin, Ether, or USD. Indiegogo will be promoting the offering by creating a landing page for the scheme.

Each Aspen Coin will represent an equity stake in Digital Aspen, the owner of the St. Regis resort. According to The Verge, future partnerships would see different companies offering shares in real estate by issuing similar securities tokens.

The move is the second foray into the world of cryptocurrency and blockchain-based tokens from Indiegogo. The crowdfunding site previously launched an ICO platform last December. The idea behind the ongoing initiative is to give investors assurance of the legitimacy of a particular offering by attaching the Indiegogo brand to it. The co-founder of the company, Slava Rubin, stated that the company has enlisted a team to check the credentials of all the ICOs hosted on the platform.

In a phone interview with CNBC, Rubin spoke about the two ventures:

“We have been working on our blockchain offering for a while now… It really goes back to our original vision where we wanted to democratise access to capital and bring investment to all kinds of people around America and the world.”

The new security-backed approach announced today comes in light of increased regulatory scrutiny into ICO fundraising. By ensuring that securities-tokens are issued in line with existing securities laws, Rubin believes that they are less likely to face opposition from regulators. He stated:

“In my opinion, cryptocurrency and security-backed tokens are two very different things… Hard assets are less speculative and they’re likely to pan out in the future.”

Selling tokens as a means of fundraising rocketed into the spotlight last year with many projects receiving tens of millions of dollars for little more than an idea. According to recent research, many of 2017’s ICOs have since failed or been found guilty of fraudulent activity by regulators. It is precisely this attention that the new Indiegogo platform seeks to avoid.

Featured image from Shutterstock.

The post Indiegogo Expansion Allows Firms to Sell Securities Tokens appeared first on NewsBTC.

On the last hot summer days, Blockchain & Bitcoin Conference Stockholm offers a discount of €90 to the tickets!

Just go to the registration page, enter SUMMERBTC promo code and buy tickets at a lower price! The special offer will last from August 20 until August 24.

Ticket price without a discount – €240.

Ticket price with a discount – €150.

Blockchain & Bitcoin Conference Stockholm is an annual event organized by Smile-Expo, dedicated to blockchain application in business, use of cryptocurrencies, launch and investments in ICO. It will take place at Berns Salonger on September 11.

Catch your discount here>> https://bit.ly/2nTMdxh

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

Discover how GOeureka’s blockchain hotel booking platform is unlocking new value for hotels and consumers globally

Singapore, 23 August 2018 – The hospitality sector is the second largest contributor to the global travel industry and it is currently dominated by online travel agents. OTA’s generate around 70% of online hotel bookings and this has impacted hotel’s direct bookings, profit margins and loyalty programs.

GOeureka wants to change the scenario by putting hotels and customers first. Using blockchain technology, GO plans to benefit hotels and customers by introducing commission-free bookings, accepting payment through cryptocurrencies that are devoid of merchant fees, and transforming traditional brand loyalty programs.

“GOeureka aims to create a new symbiosis where hotels maintain control over their brand while unlocking unprecedented value for consumers on its platform,” said Manraj Rai, the CEO of GOeureka. “GOeureka’s vision for the future of the travel industry is a supportive online ecosystem where all businesses are allowed the opportunity to thrive and benefit from providing the best goods or services to travelers.”

As a technology partner to hotels, GOeureka intends to provide a seamless web and app experience to users without the high commission structures imposed by current OTAs.

“We provide an affordable and efficient platform for hotels and consumers to directly engage and transact with each other, removing the inequitable commissions to OTAs that ultimately decrease hotels’ margins and increase consumer prices,” said Rai.These unprecedented benefits are then passed on to customers.

“GOeureka is introducing a patent-pending Re-Booking function for customers to obtain the best value for rooms. When the hotel rate drops, the Re-Booking feature will automatically detect and re-book an existing booking at the lower rate” Rai added.

GOeureka also proposes an interoperable loyalty program that will benefit hotels and customers by promoting the hotel’s own loyalty rewards program with the option to convert hotel loyalty points into GO Credits that can be used on the GOeureka platform.

“For consumers who subscribe to multiple loyalty programs, GOeureka’s solution for an interoperable loyalty program could facilitate instant redemptions and exchange for multiple loyalty point currencies on a single platform,” Rai said. “Blockchain acts as an immutable and secure ledger of all transactions related to the issuance of GO credits, creating a transparent, auditable supply of loyalty points without the need for intermediaries.”

GOeureka will launch the first Alpha Version of their hotel booking platform on the 10th of September.

“We are running live test bookings across the platform over the next couple of weeks and will have a functioning MVP of the booking platform ready by the 10th of September” said Rai.

GOeureka Presale Is Live, ICO Coming Soon

Out of the 1 billion GOeureka tokens that exist, 60% will be sold via a series of presales and public ICO offerings. All unsold tokens will roll over into the following round. However, if all of the 600 m tokens are sold out in any round, the ICO will conclude and the subsequent rounds will be discontinued. Any unsold tokens will be burnt at the end of the ICO.

GOeureka is also giving all token buyers the opportunity to win these amazing prizes:

First Prize: The winner will be rewarded with free nights every year for the rest of their life.

Second Prize: $10,000 in GO credits

Third Prize: $5,000 in GO credits

Consolation Prize for 500 lucky winners: One-night free stay

To be eligibility criteria for the Great GOeureka ICO Bonanza is to purchase GOeureka tokens during the ICO rounds and follow them on Facebook, Twitter, Instagram and Telegram.

More information about GOeureka, their ICO and lucky can be found here.

About GOeureka

GOeureka is a travel tech company utilising blockchain technology to build a hotel booking platform. Our mission is to decentralise the hotel booking sector and deliver greater transparency by allowing hotels to directly connect with their customers. As a technology partner to hotels, GO aims to provide a dynamic digital experience to users and eradicate the high commission structures imposed by online travel agents. By reducing the financial commitments of hotels to third-party booking platforms, GO’s vision is to enable hotels to focus more resources on providing better intrinsic value and services to travellers around the globe.

Media contact:

Tej Bhuller – [email protected]

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

This article originally appeared on Bitcoin Magazine.

Two well-known leaders in the blockchain world are coming together to hash out their differences.

Roger Ver, Bitcoin Cash evangelist, and the well-known Bitcoin writer Jimmy Song of ‘OffChain’ have held a series of public debates about Bitcoin Cash earlier this year.

They will reprise the debate at Coinsbank’s third Blockchain Cruise on the Mediterranean, September 7-11.

Bitcoin.com announced in a recent tweet that Song and Ver will come together once more to discuss Bitcoin Cash, a hard fork from the world’s most well-known cryptocurrency, Bitcoin. The name has inspired hope, fear, and criticism alike with its dramatic rises and falls in profitability in the last year.

But we’ve seen the same with Bitcoin in the past – so what’s the difference? One of the biggest problems within blockchain transactions is that they’re slow. Really slow. In contrast, Visa reportedly processes about 1667 transactions per second, and is capable of even more. How many blockchain transactions take place per second? Seven.

Bitcoin Cash was created as a way to address the problem of scalability and to speed up the verification process on the blockchain. It does so using an increased block size of 32MB, with an adjustable level of difficulty, without regard to the number of miners supporting it.

In December 2017, Jimmy Song interviewed Ver in a YouTube livestream about scaling Bitcoin. Ver maintains that the decentralization of a developmental team actually makes Bitcoin Cash more secure by removing the power from a central authority. He holds the opinion that Bitcoin’s increasing transaction costs will make the currency obsolete. Last June, he tweeted a statement saying “If you think BTC with its full block, high fee policy will be able to maintain market share, you are mistaken. It won’t and it’s time to move on to other things.”

Song, on the other hand, believes that the changes that need to be seen can be made within Bitcoin. He stated in a Medium article published before Bitcoin Cash’s release on August 1st of 2017 that Bitcoin Cash raises more questions than answers, and “One thing is for certain: if you want to maximize your holdings, it’s in your best interest to get your Bitcoin off third-party services and control your own private keys before August 1st.”

Tone Vays will also attend the debate. Although Bitcoin Cash isn’t fully established in the hearts of the crypto community yet, it will be interesting to see how the discussion unfolds.

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

Bitcoin ETFs are continuing to be rejected by regulators, but time may be on the side of innovators.