Day: September 16, 2018

The Gemini Dollar (USDG) is a new stable coin pegged at parity to the USD. It has been launched by the Gemini Exchange headquartered in the United States. Crypto coding expert Alex Lebed found that the USDG is completely centralized. Meaning, Gemini can freeze accounts, freeze the entire USDG coin supply, and print infinite USDG. But this is not just an isolated case as centralized cryptocurrencies like the USDG are becoming more common these days.

There are actually a couple of centralized cryptocurrencies hiding in plain sight among the top 10 cryptocurrencies by market cap. Tether (USDT), with a market cap of USD 2.76 billion, is the most popular stable coin, often used in place of the USD when the USD is not available. The popularity and success of USDT probably has a lot to do with the creation of USDG, and just like USDG the USDT is centralized to an extent. USD 30 million of USDT was stolen in a hack, and Tether Limited unleashed an emergency hard fork which reversed the hack.

This means USDT is not immutable, where immutable means transactions cannot be reversed. Immutability is one of the key advantages of Bitcoin. The fact that USDT is not immutable makes it much like fiat currency payment networks, such as banks or PayPal, and means users could have their funds reversed or frozen at any time.

EOS has a market cap of USD 4.84 billion, and it is run by a centralized organization of block producers. The EOS block producers work together and have in the past frozen EOS accounts since it was reported that a hack occurred. This means all EOS accounts can be frozen, just like when using a bank or PayPal. This likely is part of the reason EOS’ price dropped significantly after launch.

The People’s Bank of China (PBoC) is planning on launching a Chinese national cryptocurrency, and it is clear that the PBoC will have centralized control to print this crypto at will and freeze accounts. When the PBoC crypto launches, it has the potential to be one of the top cryptos in the world, since it would be the only crypto in China that can be traded legally for fiat.

Essentially, regulations on cryptocurrency are becoming tighter with each passing month, and it is much easier to get a crypto approved for launch by the government if it is centralized. If the government comes to Gemini or Tether Limited with any concerns about money laundering regarding a specific account, Gemini and Tether Limited can simply freeze the account. For centralized cryptocurrencies like USDG and USDT, the government has just as much control as the organizations running the crypto, and this creates a precarious situation for users of those cryptocurrencies.

Crypto users should be careful and fully understand a crypto before they buy it and begin making transactions, and it is best to avoid centralized cryptocurrencies. Most cryptocurrencies are still decentralized and immutable, and these are optimal for business since there’s no chance of the government or a corporation freezing the money. There’s even a decentralized stable coin called Stableunit, created by Lebed, the same person who discovered that USDG is centralized.

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Though EOS, Cardano, Monero, Stellar Lumens and Litecoin price analysis portray positivity, we are yet to see strong gains safe those of early last week. Litecoin news of Gemini listing coupled with Abra’s addition of Cardano (ADA) are bright spots but first Cardano prices must rise above 7 cents nullifying current sells.

EOS Price Analysis

Latest EOS News

• Gambling dApps dominate the EOSIO blockchain just like Cryptokitties and similar games run supreme in the Ethereum platform. Unlike the latter, hackers have a reason to exploit these casino applications like they did last week when approximately $250,000 worth of EOS were siphoned off two betting dApps. In one case, hackers exploited a weakness in DEOS smart contract withdrawing $24,000 worth of EOS in six hours. However, it was at EOSBet where hackers got sophisticated, betting risk free after bypassing the token ->transfer functionality making away with $236,000 or 44,427.4302 EOS. This is before development team picked up the anomaly and immediately deactivating the smart contract.

EOS Price Prediction

Daily EOS Price Chart by Trading View

Despite low level consolidation, EOS is up five percent in the last week. The result is a thrust back to range mode. As it has been the case over the last four or five weeks, EOS prices continue to steady inside the $3 range between $4 main support and $7 resistance line, a level which has been successful in capping gains.

Though yesterday was stable, our previous EOS price analysis holds true and longs are valid. That’s unless there is a dip below $4 invalidating this recovery. After all, EOS prices are still in consolidation and moving inside buy triggering Sep 13 high lows. This means sellers are finding resistance elevating buyers’ chances of driving prices towards the all important $7 bull target.

Litecoin Price Analysis

Latest Litecoin News

• During the successful Litecoin Foundation summit, Winklevoss Twin’s Gemini announced their plans to offer support for Litecoin trading pairs. Confirming this, Gemini VP of Engineering said the SEC regulated exchange will begin rolling our Litecoin trading pairs by Oct 13. Overly, this should boost Litecoin price.

Litecoin Price Prediction

Daily Litecoin Price Chart by Trading View

Technically, news of Gemini listing should lift prices and they are—though on the periphery. From the charts, not only is our last Litecoin price analysis valid but chances of further higher highs is high.

Notice that even if prices remain pegged inside Sep 13 high lows, yesterday’s candlestick were stable. However, the long lower wick indicates presence of buyers.

If this pace continues as it is, then we expect Litecoin bulls to push prices above $70, triggering conservative Litecoin traders looking to buy on pull backs towards the $110 mark.

Stellar Lumens Price Analysis

Daily Stellar Lumens Price Chart by Trading View

On a weekly basis, XLM prices are up six percent.  But considering the last 24 hesitation for further gains above Sep 11 high low, our neutral stance is well on line. From previous Stellar Lumens trade plans, the 7 cents level between 25 cents—capping bulls and 18 cents acting as a floor for Stellar Lumens sellers are important in our XLM price predictions. If anything, our last XLM price analysis is valid. Therefore, unless there is market boosting Stellar Lumens news, then it might be a while before we see breach of these key limits.

Monero Price Analysis

Latest Monero News

• With a 10 percent week over week gain, Monero market cap is back in the top 10. Undoubtedly, this is exposing XMR to further liquidity—and scrutiny.

Monero Price Prediction

Daily Monero Price Chart by Trading View

Our Monero trade plan anchored on how prices would react at the $100 psychological level. So far, it’s a relief for Monero bulls as the markets sync with the overall sentiment. After Sep 12 pin bar right off the $100 psychological level, we saw an acceleration of gains in subsequent trading days triggering our set longs at the $110 level.

Currently, our long trades are valid. Although buyers are yet to recoup the aftermath of Sep 5 liquidation, chances are we might see a match towards $150, a major resistance level. Risk-reward ratio is prohibitive for conservative traders to initiate trades on pull back.

Needless, buying opportunities would be available once bulls breach the $150. When that happens, buyers are free to buy on pull backs with targets at $200 and $300.

Cardano Price Analysis

Latest Cardano News

• Scalability, speed, energy efficiency, ease of use and a thriving community is what the development team behind Cardano wants to create. They are on an innovation overdrive introducing a duo layer system, Marlowe and even Plutus with every step of implementation peer reviewed. Though still in theory and in the second stage of their road map, once the whole project is online and assuming Ethereum is still grappling with scalability issues, Cardano might be given a free pass.

Cardano Price Prediction

Daily Cardano Price Chart by Trading View

With an 11 percent drop in the last week means Cardano prices are still trading below the 7 cents mark. This is cementing our previous Cardano price analysis. Unless otherwise, our Cardano sells are valid. Until after the 8 cents stops are hit, we might see more drops.

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 Cardano, EOS, Stellar Lumens, Monero, Litecoin Price Analysis: Exchanges Ramp Up Altcoin Listings, Hints of Market Confidence appeared first on NewsBTC.

Coinbase has cut the ribbon for its new New York office with plans to expand the staff profile to 150 employees over the next 12 months.

As part of the company’s expansion plans, the current staff of 20 have been acquired from the New York Stock Exchange, Barclays, and Citigroup, which indicates the level of seriousness on its part in infiltrating the banking system. Adam White, general manager of Coinbase Institutional, explained the staffing direction the exchange was embarking on:

“We have to create a bridge between financial services and technology,” he added, “In order to do that, we need to pull from some of the best and brightest minds that have worked their whole careers in other kinds of traditional financial firms.”

With an expansion into the Irish Republic and now NYC, crypto exchange giant Coinbase is clearly on a push to amplify its influence around the globe. In its push to raise its corporate and institutional investor client base, the office is following the NYSE with its new staffing profile. According to Christine Sandler, the company’s head of institutional sales, its focus on institutional investors should sit comfortably with its retail investment trade. She commented:

“We want to partner with appropriate institutions to help the whole ecosystem grow.” She further said, “It’s not ‘institutional or retail,’ because a lot of these institutions will be distributors.”

White argues that they had expected an exodus of institutional investors when the market corrected but claims, “It was exactly the opposite.” White sees Coinbase as having the capability to “light up more countries and more fiat rails” with a new office in Tokyo planned and a move into South America. White further said: “we’re committed to not being a U.S. company.”

Coinbase has also joined a new Washington-based lobby group called the Blockchain Association who intend to convince governmental bodies to give the crypto space some well-needed regulatory leeway in a bid to foster innovation.

Along with Coinbase other leaders in the sector include Circle, Protocol Labs, and other crypto investment firms, like Polychain Capital and Digital Currency Group,

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Crypto markets are seeing a mix of red and green, with some small fluctuations and total market cap holding position

A simple calculation of Bitcoin annual return, which is the percentage difference in price from the beginning of the year to the end of the year, shows that the cryptocurrency has been extremely profitable practically every single year since it was launched. This blows away the profit percentages for other asset classes like stocks and precious metals. The Director of Research at Pension Partners and Manager of the ATAC Rotation Fund, Charlie Bilello, posted a chart of Bitcoin annual returns on Twitter.

Bitcoin Annual Returns, 2011-2018… pic.twitter.com/eJcXU9MzSm

— Charlie Bilello (@charliebilello) September 10, 2018

Bilello’s calculations show that Bitcoin annual returns have been in excess of 1,000% during 2011, 2013, and 2017. In 2012 and 2016 Bitcoin annual returns were in excess of 100%, with 2015 having an annual return of 35%. The only years with negative annual returns for Bitcoin are 2014 and 2018 so far, at -58% and -54% respectively.

One thing that is noticeable immediately, is that generally when there is a 1,000%+ price increase during a year, Bitcoin tends to have a bear market the next year and decline. This is what the Bitcoin market is experiencing during 2018 so far. However, some experts are of the opinion that Bitcoin will rebound before the end of the year, especially since Bakkt, in partnership with the Intercontinental Exchange (ICE), will be launching physical Bitcoin futures by November 2018. This is expected to accelerate institutional investment in the Bitcoin market.

BitcoinNews went through the calculations to verify Bilello’s numbers using Bitstamp data on Bitcoinwisdom. In 2012, Bitcoin increased from USD 5.50 to USD 13.5, a 145% increase. In 2013 Bitcoin increased from USD 13.5 to USD 900, a 6,566% increase. In 2014 Bitcoin decreased from USD 900 to USD 275, a 70% decrease. In 2015 Bitcoin increased from USD 275 to USD 430, a 56% increase. In 2016 Bitcoin increased from USD 430 to USD 930, a 116% increase. In 2017 Bitcoin increased from USD 930 to USD 16,000, a 1,620% increase. In 2018 so far Bitcoin has declined from USD 16,000 to USD 6,500, a 59% decrease.

In easier to read format, BitcoinNews calculated from Bitstamp data, that Bitcoin’s annual return is 145% for 2012, 6,566% for 2013, -70% in 2014, 56% in 2015, 116% in 2016, 1,620% in 2017, and -59% in 2018 so far. There is a significant divergence from Bilello’s calculations, but the general findings are similar. Bilello likely used different data for his calculations, which is not surprising since there are many different exchange rates for Bitcoin around the world.

Above all, it is clear that Bitcoin is the most profitable asset class for long-term over the past decade. Therefore, the bear market during 2018 is to be expected since the same thing happened in 2014 after the major 2013 rally that brought Bitcoin over USD 1,000 for the first time.

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Even though mobile calls have been a popular invention, they also become an increasingly popular tool among criminals. A new report shows nearly half of cell phone calls in the US will be a scam by 2019. A very worrisome statistic, which also has major cryptocurrency-related implications.

Beware of Cell Phone Call Scams

It is quite interesting to note how technology with positive consequences often leads to an increase in criminal activity. In the case of cell phone calls, that trend is quickly growing out of proportion. Just a few years ago, 3.7% of all US-based cell phone calls were a scam. That number itself is quite worrisome. To make matters worse, it rose to 29.2% in 2018. This further confirms criminals see mobile calls as a valuable and viable tool.

Unfortunately, this is only the beginning of a further evolution. The report by First Orion claims close to 45% of all US cell phone calls in 2018 will have scam implications. It is unclear which opportunities criminals are pursuing exactly, but consumers need to be wary of any mobile call they receive in this day and age. Especially if it is an unknown number, not picking up remains the most viable course of action.

This criminal trend doesn’t just encompass unknown numbers either. Even if the number of a friend or relative is on the screen, there is a very real chance their number has either been spoofed or taken over by criminals for nefarious purposes. It is evident there are a lot of opportunities for criminals when it comes to cell phone calls, yet there are very few countermeasures in place to protect consumers.

Some of the worrisome trends in this regard pertain to robocalls, scam calls, and caller ID spoofing. Despite First Orion collaborating with the US’ largest cell phone providers, it is very difficult to come up with protective measures. T-Mobile lists potentially fraudulent calls as “Scam Likely”, which is a small step in the right direction. Unfortunately, it seems he scammers are already on to this trend and will come up with new solutions accordingly.

For cryptocurrency users, this trend can also have major implications. Numerous Bitcoin holders have had their mobile numbers hijacked by scammers to empty their exchange wallets. It now seems they may soon be on the receiving end of scam calls in a new attempt to defraud cryptocurrency holders. Not picking up your mobile phone is an antisocial countermeasure, yet it will also keep one safe from this particular threat until things improve.

Scammers will always find ways to make money and cause havoc. This latest trend is not something one can solve with new regulation or banning mobile communications altogether. It is a very serious problem which needs to be addressed carefully. An in-network carrier solution is needed, although it may take years until such a countermeasure is ready for use on a large scale.

The post By Next Year, Almost 50% of Phone Calls in the US Will Be Scams appeared first on NullTX.

Binance, the biggest global crypto exchange, will start closed beta testing of a new crypto-fiat exchange in Singapore on September 18

At press time, the father of cryptocurrency is trading for over $6,400, meaning it’s virtually unchanged since our previous price article. The currency – once again – appears trapped in the low to mid-$6,000 range, and it’s unclear if the bulls have enough power to last the rest of the year.

One of the big questions is whether bitcoin could ever strike the $19,000 mark again. As we all remember, the currency hit an all-time high during December of last year, nearly pushing the $20,000 envelope and giving bitcoin its highest value to date. Sadly, the price wasn’t meant to be, as bitcoin ultimately fell – and continued to fall – throughout 2018, shaking off about 70 percent of its total value in as little as six months.

Since June, the currency has been trapped in some low or mid-$6,000 figure, and while two small bull runs did occur in mid-July and August, both were short lived. The first took bitcoin all the way to $8,000, while the second took it to the $7,000 range. Many enthusiasts thought each moment an important point in time that would mark the future ascension of bitcoin, but this never occurred.

So, now the question is, “Could bitcoin ever strike that golden mark again? Is $19,000 still a possibility, or has the ship sailed for good?” one source says a rise to $19,000 again wouldn’t be completely out of the question. At the same time, bitcoin’s journey towards that figure is likely to be marred by troubles that would see it lie flat on the ground in a state of complete submission.

One of the main issues involves investor sentiment. Bitcoin has always been driven by the general attitudes of those who would invest in it. If they believe in bitcoin, the currency is likely to experience respective price spikes. The real trouble here is that most investors consider bitcoin dead in the water. While some still show faith in the coin, others look at is as a fad that ran its course. Its fall from grace following last December hasn’t done much to cement its position of respect and security among several would-be traders.

In addition, bitcoin seems to lack infrastructure and has limits on its scalability, which could ultimately prevent it from garnering any serious practicality and replacing traditional currencies anytime soon. Lastly, lawmakers have repeatedly viewed the currency and other digital assets in a negative light, and it’s possible that bitcoin’s growth will be halted by regulatory change.

The source in question says that while $19,000 is not impossible, it will take some time to reach. It also suggests specific stocks as smarter investment choices given the currency’s ongoing volatility.

Bitcoin Charts by TradingView

The post Bitcoin Price Watch: Could the Currency Reach $19,000 Again? appeared first on NullTX.

According to Bloomberg, the Williams Percentage Range for Bitcoin is sitting at -83%, indicating that the popular cryptocurrency market is oversold. This suggests that a corrective rally may soon occur to bring Bitcoin back up to its equilibrium.

The Williams Percentage Range was developed by Larry Williams and is a technical analysis oscillator that indicates market momentum. It compares Bitcoin’s price to the highest high and lowest low over a 14 day period, using the formula Williams Percentage Range = (Highest high – Bitcoin price)/(highest high – lowest low) multiplied by -100. A Williams Percentage Range between -80 and -100 indicates oversold conditions, and overbought conditions when it’s between -20 and 0. The Williams Percentage Range has gained notoriety among technical analysts since it has a good track record of predicting market reversals.

Generally, it is good practice to combine the Williams Percentage Range with other indicators to make a more accurate forecast. One indicator is that the Bitcoin price has been holding steady above a support level of USD 5,800 consistently, and it has already risen to USD 6,500 at the same time the Williams Percentage Range indicates oversold conditions. This suggests that the current rally will gain steam. A true market reversal would be if Bitcoin’s price breaks above USD 7,500, the high of the rally peaking on 4 September 2018, and an even more solid sign of a true market reversal would be if Bitcoin goes above USD 8,500, which it hit during the rally that peaked on 24 July 2018.

The 2018 Bitcoin market has been defined by rallies with progressively lower peaks, while lows have been at or slightly above the USD 5,800 support level. So, if it breaks the trend of progressively lower rally peaks, that might indicate the bull market is truly here.

The Relative Strength Index (RSI) is another popular indicator used to determine oversold conditions. Right now the RSI is at 45 according to Bitfinex data on Bitcoinwisdom, after being as low as 35 on 7 September. An RSI below 30 indicates oversold conditions, and an RSI over 70 indicates overbought conditions. The RSI isn’t officially in oversold territory, but it got close when Bitcoin bottomed out near USD 6,100 on 7 September. The RSI got as low as 26 in mid-June 2018 before the rally to USD 8,500 that peaked in late July, so RSI seems to be a solid indicator for Bitcoin.

Overall, market indicators such as the Williams Percentage Range and RSI indicate that Bitcoin is currently oversold, increasing the likelihood of a rally, at least for the short term. Bitcoin could rise significantly above its current level of USD 6,500.

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It hasn’t been the best month for cryptocurrencies, with the market shedding as much as $50 billion in the first two weeks of September alone. For some like Ethereum, the month has been outright brutal, with the most valuable altcoin registering its lowest price of the year at just over $170. However, the trend is slowly reversing and the market is seeing consistent green, with most cryptos regaining much of the value lost in the past two weeks. Ethereum has been among the biggest gainers, registering a 10 percent gain in the past two days to trade at $223 at press time. Bitcoin has held steady over $6,500 over the past two days for the first time in the past week, with other altcoins such as Tezos, EOS, NEM and Monero also registering notable gains to take the total market capitalization above $200 billion.

Reversing The Downward Trend

Having sunk to $6,200 a week ago, Bitcoin made quick gains to trade above $6,500 where it has consistently held out despite the unpredictability of the market. The king of cryptos was trading at $6,535 at press time, having appreciated 0.4 percent in the last 24 hours. The volume traded decreased to $3.3 billion, down from $4 billion traded the previous day according to data from CoinMarketCap. Bitcoin had dropped to just above $6,200 days ago after a sudden flash crash hit the market, wiping out consistent gains that had put the biggest crypto at a 30-day high of $7,380.

The second-most valuable crypto, Ethereum has fought back after registering a yearly low of just over $170 days ago to trade above $200 for the third consecutive day. Trading at $223, Ethereum gained 3.3 percent in the last 24 hours and 30 percent in the past three days. At $170, this was the lowest Ethereum has hit since July 2017 and an 85 percent drop from its high of $1,400 achieved in January this year. Ethereum’s price drop was accompanied by comments made by its founder Vitalik Buterin who a week ago stated that the days of 1000-times growth in crypto were behind us. After several industry leaders disagreed with him including Ethereum co-founder Joseph Lubin, he retracted his statement and accused media outlets of misquoting him.

Other notable gainers in the top ten include EOS which has appreciated by 11 percent in the past two days to trade at $5.43 and Monero which at $118 has gained 21 percent. Most notable is Litecoin which hit its lowest price for the year at $48 two days ago, down 38 percent for the month and a staggering 87 percent from its January record high of $371. The seventh-most valuable crypto has gained 18 percent in the past two days to trade at $57 at press time.

The total market capitalization stands at $204 billion, standing above the $200 billion mark for the second day in a row after hitting a yearly low of $191 billion days ago. Bitcoin’s dominance has continued to rise, currently standing at 55 percent. It has dropped briefly from its all-year high achieved just days ago at 57 percent when most altcoins crashed, shedding billions of dollars in market cap. Bitcoin’s dominance has continued to rise since May when it stood at 36 percent as the largest crypto has managed to withstand some of the severe market fluctuations.

The post A Market In Recovery – Ethereum, Monero and Tezos Lead As Most Cryptos Reverse Downward Trend appeared first on NullTX.

After a few days of strong gains, the Ethereum price appears to be going through the expected minor correction. All top currencies are struggling this Sunday, thus it is not entirely unrealistic to see the Ethereum price suffer from a similar fate. Although this decline is relatively small, it will be interesting to see how traders respond in the coming days.

Ethereum Price Correction is Necessary

No financial asset can rise in value for an extended period of time without suffering from a setback. In the case of the Ethereum price, this small correction is completely expected. After recovering a significant amount of lost value, this slight reversal is healthy for the ecosystem as a whole. Profit-taking is only normal in this industry, especially on days when there is no influx of fresh capital.

This small decline has pushed the Ethereum price back down to the $218 level It is still a lot more favorable compared to the sub-$190 level just a few days ago. If Ethereum can remain above $215, it may very well see further gains in the coming days and weeks.

One has to keep in mind there are several factors influencing the cryptocurrency market prices, In most cases, a decline in Bitcoin will drag all other altcoins with it accordingly. At the same time, there is still a rumor circulating regarding how ICOs are quickly liquidating Ether holdings to recover some of the value they have lost by holding on to this asset. Whether or not there is any truth to that rumor, is always difficult to predict.

With no real notable news regarding Ethereum this weekend, it will be interesting to see what the future holds. Although this ecosystem does not need daily updates and radical changes, unlocking the true long-term potential may require an extra effort. With the upcoming Constantinople hard fork to go in effect this year, Ethereum will take another step toward scalability and solving some of its flaws.

Looking at the price prediction charts, it seems a lot of speculators expect the price to go down a bit further. According to AmCRYPTOLIVE, the Ethereum price will go a slow as $210, prior to potentially rising again. There is still some bullish momentum left in the tank for Ethereum, as traders are seemingly not willing to let the price slip too far, for the time being.

The coming days will be rather interesting for all cryptocurrencies. No major price movements are expected, yet that doesn’t mean nothing will materialize. Dogecoin has shown the world trends can pop up out of nowhere and remain in place for an extended period of time. Whether or not the Ethereum price will see a similar trend, is impossible to predict. Anything is possible when it comes to cryptocurrencies.

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As the cryptocurrency industry continues to evolve, it is evident things will continue to improve overall. The activity on GitHub of some projects can tell a lot about how things are progressing. In the case of the following currencies, they are ranked by low commit activity over the past 90 days. It is a worrisome trend, although there are many reasons why these numbers may be so low. Statistics are provided by OnchainFX.

#6 Numerai

Although there has never been much buzz regarding Numerai, it is an altcoin some people tend to keep a close eye on regardless. In terms of GitHub activity, it is not seeing too much excitement, with just one commit in the past 90 days. Rather unusual for a currency positioning itself as a data science competition platform. It will be interesting to see if things pick up as the year progresses further.

#5 Ark

There are numerous cryptocurrency enthusiasts who have high hopes for the Ark project. It was one of the hottest altcoins, albeit things have calmed down significantly With just one commit in 90 days, the currency is not undergoing too many changes as of right now. The quest to build interoperable blockchain products is far from over, though.

#4 Ardor

The self-professed blockchain-as-a-service platform is facing a lot of stiff competition from other similar projects. Even so, Ardor is solidifying its position in this market, as the project recently celebrated its second birthday. On the GitHub side, it seems the project has seen just one commit in the past three months, which is not all that promising.

#3 Storj

Anyone who has been involved in cryptocurrency and blockchain over the past few years will know what the Storj project is all about. The project mainly focuses on decentralized and private cloud storage to both consumers and corporations around the world. It has seen one commit in the past 90 days, which confirms the development of this ecosystem is still ongoing. Even so, one would expect a bit more activity from such a prominent project.

#2 Monacoin

The Monacoin project is primarily popular in Asia, by the look of things. That makes it a bit different from traditional cryptocurrencies, although it remains to be seen if Monacoin can achieve similar success in the rest of the world. With just two commits in 90 days, no drastic changes are being made to this currency, although there may not necessarily be a need for change either.

#1 Litecoin

No one will be really surprised to learn Litecoin has not seen a tremendous amount of commit activity over the past three months. Although three commits are still better than every other project on this list, Litecoin will simply not see any major developmental changes for the foreseeable future. That hasn’t hindered its potential price growth yet, nor will it impede future gains, by the look of things.

The post 6 Blockchain Projects With The Fewest Developer Commits in 90 Days appeared first on NullTX.