Category Crypto Currency

Lisk Price Retakes $23.5 Level With Solid Gains Over Bitcoin

As all cryptocurrency markets show a sign of life again, things are looking pretty good all across the board. So far, the Lisk price has seen some positive changes over the past week. Even though there was a big dip along the way, the overall trend seems to be intact right now. With the current Lisk price of $23.83, things are looking rather interesting for this particular altcoin. Maintaining a positive trend will prove to be difficult in the long run, though Lisk Price Makes a Solid Comeback It is quite interesting to see how things evolve in the world of cryptocurrencies. More specifically, we have seen several weeks of negative pressure, but things are certainly heading in the right direction once again. Even the Lisk price is noting some solid gains, as this particular altcoin has been on the rise for quite some time now. With a solid 16.83% gain over the past 24 hours, the Lisk price is making up a lot of lost ground in quick succession. All of this is achieved despite a rather low trading volume, though. While the current Lisk price momentum appears to be positive, the past week has been subject to a massive dip as well. A few days ago, the LSK price went from $23.5 all the way to $12 in quick succession. Considering how Bitcoin and other currencies saw losses of up to 45% during this time, that is no big surprise whatsoever. In fact, the Lisk price lost nearly 50% of its value as well, indicating the currency is just following the general trend of major cryptocurrencies right now. With a solid 16.83% gain in USD value and a 13.56% increase in the LSK/BTC ratio over the past 24 hours, things are looking pretty good for Lisk right now. While this results in solid Lisk price gains as of right now, it is certainly possible the momentum will turn against most cryptocurrencies again in the near future. With such strong gains in just 24 hours, it seems a small correction will become apparent in the coming weeks hours and days. One thing to keep in mind is how Lisk has virtually no trading volume to speak of. Although $78.21m in 24-hour trading volume is not all that bad, it is a rather disappointing number first and foremost. Especially given the current Lisk price, one would expect there to be an even bigger interest in LSK, things are not adding up by the look of things. It is possible we will see a bigger interest in Lisk over the next few days, especially if this Lisk price trend continues at this rate. Most of the Lisk trading volume comes from Upbit, which is quickly becoming the go-to exchange for most altcoins right now. Bittrex is in second place, with a marginal difference compared to both Upbit and CoinEgg in third place. It is good to see the current volume being spread out a bit across multiple trading platforms. Binance is barely in the top five right now and they value Lisk nearly three dollars lower. An interesting trend well worth keeping an eye on. For the time being, it remains unclear what the future will hold for the Lisk price. So far, the uptrend is in place, but the cryptocurrency markets remain extremely volatile first and foremost. It is evident interesting things are bound to happen in the next few hours and days, but no one knows for sure if it will be a positive or negative outcome. Always take profits whenever the opportunity arises, as any gains can be wiped out extremely quickly in this industry.

PATRON Is a Company Made by Influencers, for Influencers

Creativity and business have always had to be paired in some sense in order for money to be made and bills to be paid. For every creative mind out there, there is someone who manages their finances and does the negotiating. They are often referred to as the “suits” and are the people who deal with all the adult stuff at the table. This sort of partnership applies even to the small players who have built a small following they would like to monetize. Influencers are subject to the same fees everyone else is, but there is finally coming a time when this business model can see a change. Influencers Creating Value that Gets Skimmed In order for influencers to get connected to advertisers, someone needs to put them in touch. Intermediaries make vast amounts of money from these services in almost any industry you can name – finance, real estate, entertainment, etc. – but with all the new innovation occurring in the world, this won’t always be true. Many influencers feel like they are getting “skimmed” by a business tax of sorts when they have to pay a large percentage of their earnings out to someone who acts as an agent to them, but there are no current alternatives. It does take time to develop the network necessary to know many advertisers and influencers at the same time, but isn’t that what the Internet is for? You can search people, hotels, and businesses up, and find them with ease, so this should ideally be possible for influencers. One Influencer Who Wanted Change What it takes to change an industry norm like this is someone on the inside who is frustrated with the current way things are done. Atsushi Hisatsumi is a Japanese based influencer who has decided to turn entrepreneur in order to change the way influencers do business. He saw that there was a need for change within the market and figured out that it could be executed with the help of blockchain technology. Ethereum-based smart contracts are the perfect building blocks for a decentralized “exchange” of influencers. Rather than having every potential advertiser go to an agent to put them in touch with an influencer, Hisatsumi would have both parties interact through the PATRON platform, which he is in the process of creating. On PATRON, users exchange PAT (PATRON coins) for services. This allows for better cross-border facilitation and more fluent networking, both of which supersede any of the options previously available. Intermediaries were often not even capable of dealing cross-border and their networks were limited to the number of people they had previously connected with. PATRON creates an environment where advertisers are paying less but getting a way wider array of options for who advertise through. Not only will this benefit current influencers, but it will lower the barriers to entry that prevent lower-scale influencers from entering the market. ICO to Fund Partnerships To fund a project like this, PATRON will need money. This is why they are running an ICO which is set to start next week. On February 14th, the Pre-ICO will open up, and then on March 1st, the public sale will begin. The goal of the ICO is to raise enough money to fund the development of the applications and protocols and to make sure they have the seed money necessary to expand their recruiting into Silicon Valley. However, the more exciting part of the fundraising is how PATRON plans to build partnerships with influencers by setting up studios with them. This shows a long-term concern for the people who are both their products and their customers at the same time. But this is what happens when you have someone trying to bring about change from the inside. Any YouTuber, blogger, or Instagrammer out there who has developed a following and wants to figure out how to monetize it is going to benefit greatly from the innovations that are going to come from PATRON. The post PATRON Is a Company Made by Influencers, for Influencers appeared first on NewsBTC.

Next-generation crypto exchange Bitmora to launch in Q2 2018

Contributors to the ongoing Bitmora crowdfunding campaign will be pleased at the recent announcement from its developers that its modern cryptocurrency exchange platform will be officially launched soon, in the second quarter of the year. Disclosure: This is a Sponsored Article While already experiencing a genuine support for its crowdfund, the founders will see this target as a significant pointer of progress, looking back at over a year of development on what promises to be a modern cryptocurrency exchange that will surpass the capabilities and features of those in the current market. Bitmora is coming soon, staying for the long haul Keen to distance itself from other exchanges in a growing crowd of crypto exchange platforms, Bitmora insists that its mission is not only to be the trading platform of choice but also to advocate for cryptocurrencies and their underlying blockchain technologies, carrying a global message that speaks loudly about the advantages of decentralized finance to an audience of traders and investors. Bitmora CEO Colton Brister believes that education plays a central role for the mainstream awareness and adoption of blockchain, emphasizing that while blockchain has now become a familiar term, deeper understanding of the opportunities it creates is still lacking. To this end, Bitmora plans to develop a full-feature educational section on its platform, featuring certified blockchain developers that will deliver lectures and hold interactive courses for users. While helping ensure that proper blockchain education is delivered to the masses, Bitmora will also focus on retail crypto traders, helping them professionalize their skills by way of providing detailed lessons on trading disciplines such as portfolio management, risk management and technical analysis. Designed for a burgeoning demand, Bitmora’s infrastructure will already be ready to handle over 1 million transactions per second, a capacity that will continuously grow at and after its launch. Recognizing the most common demands of modern traders, transactions will feature instantaneous execution with zero tolerance for lag. Redressing the unbalanced power of centralized exchanges Apart from the functionality of its platform, Bitmora users will benefit from a new experience of live phone support and guaranteed support ticket response times – lacking in most major exchanges. CEO Colton Brister acknowledged the growing frustration of crypto traders kept in the dark and wondering about the fate of their funds when exchanges fail to attend to them: “The fact that you can operate as a Money Services Business with the authority to lock up your customers’ funds and then deny them the right to a simple phone call is unacceptable. We want our customers to call us if they have an issue with their account. Our dedicated support team will be there to assist them every step of the way to resolution.” A different take on crypto-related crowdfunding Bitmora’s crowdfunding campaign stands apart from the mass of other blockchain startups choosing the token sale model. Instead of selling tokens or coins, participants are contributing funds in return for a share of revenue proportional to the funds sent and volume of exchange. All contributors will also gain exclusive access to the beta platform upon launching, essentially becoming the very first traders to exchange on Bitmora. Once the desktop and mobile apps are ready, the company plans to make the beta program an official part of Bitmora, with contributors able to test all their new features. Members of Bitmora are already able to access a voting portal to make their voices heard with regards to future development directions. To learn more about Bitmora, visit their website and read the technical whitepaper. For updates on social media, check out their Twitter account, Facebook page and BitcoinTalk thread.

ECB Chief Supervisor: Regulating Cryptocurrencies Isn’t a Top Priority

Despite increasing pressure from global authorities to regulate cryptocurrencies, for the European Central Bank it’s not high on their list of priorities. That’s according to Daniele Nouy, the ECB’s chief supervisor. Speaking to CNBC, Nouy said: We scrutinize the issue in a regulatory perspective, we are ready to do something if it was needed, but so far it’s not exactly very high on our to-do list. This will no doubt be welcome news to the crypto market, which has been experiencing a tough start to 2018. The first two months have been particularly brutal for bitcoin, which saw its value of nearly $20,000 at the end of December drop to above $6,000 at the start of February. In recent days the price of bitcoin has risen on the back of perceived positive news from the U.S. Senate hearing earlier this week. At the time of publishing, bitcoin is trading at $8,502, representing a 2.65 percent increase over a 24-hour period, according to CoinMarketCap. Notably, though, the cryptocurrency market still has some catching up to do to achieve its previous all-time high of $832 billion on the 7th January. The combined market cap value is currently worth just over $400 billion. However, while Nouy said that the ECB doesn’t consider regulating cryptocurrencies as important, she added that the central bank will be keeping an eye on developments as new risks emerge. Mario Draghi, the president of the ECB, stated that European banks could hold positions in bitcoin in the future. During public statements at the European Parliament earlier this week, Draghi said: Recent developments, such as the listing of bitcoin futures contracts by U.S. exchanges, could lead European banks too to hold positions in bitcoin, and therefore we will certainly look at that. He added the caveat, though, that as cryptocurrencies remain in an unregulated market they should be regarded as ‘very risky assets.’ As a result, he said: Banks should measure the risk of any holdings of digital currencies in their portfolio accordingly. The post ECB Chief Supervisor: Regulating Cryptocurrencies Isn’t a Top Priority appeared first on Bitcoin Network, News, Charts, Guides & Analysis.

Bitcoin Cash Price Leads the Index as Market Recovers to $400 Billion

The post Bitcoin Cash Price Leads the Index as Market Recovers to $400 Billion appeared first on CCN The cryptocurrency markets continued to advance on Thursday, but today’s returns were far more muted than the euphoric leap that greeted investors on Wednesday. The rally was largely concentrated among large-cap coins, and the Bitcoin Cash price posted far-and-away the top gains of any top-tier cryptocurrency. Altogether, the cryptocurrency market cap added approximately $11 billion, The post Bitcoin Cash Price Leads the Index as Market Recovers to $400 Billion appeared first on CCN

How Blockchain is Changing Global Education

First, there was the Internet, and now it’s the blockchain. Wherever you look, the path forward leads to an increasingly decentralized world in which intermediaries become redundant and individuals gain more control over their money and personal data. The traditional concept of business has changed drastically, and that can be shown by the fact that companies no longer need to own anything to provide for services. Airbnb is the world’s biggest hospitality company, but it doesn’t own the properties it lets, and Uber operates as a worldwide transportation company, but it doesn’t own any cars. The era of the “one size fits all” is over. It’s now time to acknowledge individuality and cater to each person’s needs. Making education work for everyone Universities are failing most students and can sometimes perpetuate inequalities by adopting admission criteria that favors the elites. Even those who can get into University are often not given an adequate experience. As most degrees have a fixed four-year structure, students waste too much time trying to earn a degree that most of the times don’t match the real necessities of the job market. By the end of the degree, students are buried in debt. On-Demand Education Marketplace or ODEM, is offering an education service that runs on the blockchain. This solution is more accessible and affordable for all and it can be customized to fit students’ needs by providing live in-classroom experiences that also benefit from the support of online capabilities. The aim is to create a world where the rigid four-year degree and the great burden of student-debt becomes a thing of the past, and instead, a new model is created where learning at a higher education level turns into a more affordable lifelong process. The flexibility of this new system would lead to a learning process that is adaptable to one’s professional and personal interests or ambitions, cultivating a culture of continuous intellectual and practical enrichment. The platform runs on blockchain technology and, by cutting the middleman, it fosters direct interaction between students and professors, and it provides students more choice of housing, transportation and other services that they might need while studying. The system is based on Ethereum and will employ its smart contracts. Transactions will be made with the native ODEM Token (ODEMT) to facilitate international payments. Crowdsale coming soon Tokens can be bought through the company’s crowdsale that is going live on Feb. 17 and will continue until March 19, or until all tokens have been sold. A Know Your Customer (KYC) process is being implemented on the company’s website to verify the identity of investors who pre-register. Besides KYC, Anti-money laundering measures will also be employed as a way of ensuring that all contributors can participate in the ICO legally. ODEM is partnering with its sister company Excelorators, which has over five years of experience as a leading provider of education services, managing a network of over 200 professors. The company is acting on a growing market, as demand for customizable education rises in Asia, Africa, South America, and the Middle East. The company predicts that the Chinese education consumer might be the first to adopt this system, but it is hoping to quickly expand to the global. Major publications such as Forbes magazine, The Washington Post, and The Economist predict that the global education market is vulnerable of being disrupted by technological innovation and it could be worth between $4.6 tln and $6 tln. ODEM is looking to take a portion of that market. The post How Blockchain is Changing Global Education appeared first on NewsBTC.

Forbes Unveils its First Ever Cryptocurrency Rich List

The post Forbes Unveils its First Ever Cryptocurrency Rich List appeared first on CCN Crypto wealth has this week drawn the attention of the biggest financial reporter. World-renowned for their yearly billionaire-list, Forbes has released a report detailing the richest people in the crypto space. It’s a move that goes one step further to legitimizing cryptocurrencies on the mainstream economic stage. The list features both innovators and institutional investors, and The post Forbes Unveils its First Ever Cryptocurrency Rich List appeared first on CCN

WIZZLE.io to Make Cryptocurrency Globally Accessible to Everyone with ICO Launch

The post WIZZLE.io to Make Cryptocurrency Globally Accessible to Everyone with ICO Launch appeared first on CCN This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned The post WIZZLE.io to Make Cryptocurrency Globally Accessible to Everyone with ICO Launch appeared first on CCN