Belarus Launches Trading Platform Enabling Customers to Buy Tokenized Securities

Belarus Launches Trading Platform Enabling Customers to Buy Tokenized Securities

Belarus has launched a trading platform that enables customers to buy tokenized versions of shares, gold and other traditional assets, Reuters reported Jan. 15.

The project is reportedly backed by two companies, Larnabel Ventures and VP Capital. According to Reuters, the government of Belarus has not yet commented on the launch of the platform, but it was covered by the state news agency BelTa.

The platform will allow traders to buy shares, precious metals, foreign exchange and other traditional assets from Belarus, as well as from other countries, with cryptocurrencies.

Since its launch, the platform has reportedly issued 150 different types of tokens, with each...


Ethereum Price Analysis: ETH/USD: Here come the bears "Daily Gravestone Doji Candlestick"

  • The Ethereum price is at risk of giving back the large gains from December 2018 – January 2019.
  • Saturday’s daily candlestick closure produced a bearish gravestone doji.

The Ethereum price has continued to be a victim of narrowing trading, however signs are starting to show of the bears readying to regain full control. ETH/USD has been stuck within consolidation mode since 11th January, which has very much been observed across the crypto market. Over the last six sessions however, the range has tightened up even further. This type of behavior signals that an explosive breakout is near. Odds appear to be stacked in favor of the market bears for the next move.

At the close of Saturday’s close, a bearish gravestone doji was produced. Going by the textbook, this typically suggests another drop is imminent. Another deep drop wouldn’t be too surprising, given the hard fall earlier in the month. A fast period of aggressive market selling is usually followed by some range-movement, which its way of having a cooling off period. The pickup in downside momentum, after such a development, this time with greater intensity, is something that could very well be seen.


Digital currency markets road to recovery has obstacles

Crypto markets witnessed a sizable pullback on Sunday, as bitcoin lurched back below $3,600 and major altcoins registered slight to moderate declines. Although 2019 is shaping up to be a pivotal year for cryptocurrencies, the path to recovery is riddled with obstacles, chief among them being damaged investor sentiment and a myriad of regulatory issues.

Market Update

With the exception of Tron, all major cryptocurrencies have registered declines in the past 24 hours. Bitcoin, the largest digital asset by market cap and trading volume, swung back below $3,600 through the early part of Sunday. The bitcoin price reached a session low of $3,567.25, according to CoinMarketCap. At last check, it was down 0.3% at $3,595.25.

XRP fell 1.8% to $0.3111, where it was approaching several bearish technical confluences. This comes despite Ripple announcing it had sold $535.6 million worth of XRP last year.

Ethereum declined 1.9% to $114.89. Bitcoin cash was nursing a loss of 2.8% to trade at $123.97. The value of EOS fell 2.1% to $2.40.

After peaking north of $0.03, Tron was back trading around $0.0290, having gained 1.2%. TRX has gained a whopping 21.4% over the past seven days. Read more: TRX Price Explodes While Tron’s Justin Sun Implodes on CNBC; BTT Token Will Be ‘Hybrid’.

Outside the top ten, Binance...


Ethereum developers have postpone Constantinople hard fork, crypto price impacted

ethereum hard fork constantinople
Ethereum developers have delayed the long-awaited Constantinople hard fork in response to potential security vulnerabilities in one of the upgrades. | Source: Shutterstock

The core developers of Ethereum have called for a delay to the activation of Constantinople, just hours before the long-awaited hard fork was scheduled to go live on the third-largest cryptocurrency’s network.

Ethereum Hard Fork Delayed

In a statement, the Ethereum Core Developers and Ethereum Security Community said that they decided to postpone the hard fork after security researchers identified a potential vulnerability in one of the software upgrades.

“Security researchers like ChainSecurity and TrailOfBits ran (and are still running) analysis across the entire blockchain. They did not find any cases of this vulnerability in the wild. However, there is still a non-zero risk that some contracts could be affected,” the statement read.

Because the risk is non-zero and the amount of time required to determine the risk with confidence is longer the amount of time available before the planned Constantinople upgrade, a decision was reached to postpone the fork out of an abundance of caution.

According to the statement, that potential vulnerability stemmed from EIP-1283, which introduces a cheaper gas cost for SSTORE operations. Researchers believe that it’s possible that had EIP-1283 been activated, certain smart contracts that are already running on Ethereum could have become vulnerable to reentrancy attacks.

ChainSecurity has published a more thorough explanation...


A New Kind of Crypto Exchange LIQNET.COM

LIQNET.COM is quite different to any exchange you have seen before. Using its own LEN mechanism, the Singapore-based project pools orders from other platforms into one single interface and allows users to trade at the best prices and minimum spread. Why is liquidity important for an exchange?

According to the Blockchain Transparency Institute (BTI), more than 80% of the volume exchanges show is faked. Besides raising concerns about the transparency and business practices of current trading platforms, this underlines a fundamental problem of insufficient liquidity in a bear market. During abrupt market movements, crypto is famous for, low liquidity basically means that you will not be able to buy or sell a significant amount of coins and miss out on profits or even lose money. If you aim to sell a large amount of coins, doing this without toppling the price can be problematic. LIQNET with its liquidity aggregation may be an answer to the problem that has been plaguing the market for some time now.

Сalling LIQNET an exchange would be inaccurate, rather, it is an exchange aggregator. LIQNET uses public APIs of other crypto exchanges to collect purchase and sale bids into a single order book. This allows users to get the benefit of trading on several exchanges, eliminating...


Cardano ADA jumps 5% as crypto attention grows

Cardano’s recent run of good fortune continued on Friday, as the multi-asset chain protocol emerged as one of the market’s top performers. The public blockchain project has been riding a wave of positive momentum thanks to an active developer community and optimism concerning the evolution of Internet 3.0.

ADA Approaches Two-Week High

The value of ADA rose 5.3% on Sunday to reach $0.0473, its highest since Christmas Eve. The coin that powers the decentralized platform has returned 9.3% over the past seven days, placing it among the top performers for the week. by comparison, bitcoin traded flat for the week while XRP lost nearly 3%.

At current values, the Cardano blockchain is worth $1.2 billion, placing it 11th among active projects. Six months ago, the cryptocurrency was worth nearly $5 billion and was ranked eighth by market cap. Over that stretch, ADA has dropped more than 70%.

The latest run of good fortune has been accompanied by a notable rise in trading volume. Since last Tuesday, ADA trades have increased by 200%, according to CoinMarketCap. Nearly $44 million worth of ADA was transacted on virtual currency exchanges in the last 24 hours. ZBG and Binance each...


Bitcoin Оver $3,850 as top Cryptocurrencies see mixed trading signals

Bitcoin Hovers Оver $3,850 as Top Cryptos See Mixed Signals

Sunday, Jan. 6 — most of the top 20 cryptocurrencies are seeing a mix of moderate gains and losses on the day to press time. Bitcoin’s (BTC) price is currently hovering over $3,850 again, according to Coin360 data.

Market visualization from Coin360
Market visualization from Coin360

At press time, Bitcoin is up just a fraction of a percent on the day, trading at around $3,870. Looking at its weekly chart, the current price has come full circle from $3,867 on Dec. 30. The current price is lower than the intra-week high of $3,946 on Jan. 2, and notably higher than the low of $3,710 reported on Jan. 1.

Bitcoin 7-day price chart
Bitcoin 7-day price chart. Source: CoinMarketCap

Ethereum (ETH) remains the second-largest cryptocurrency by market cap. The divide between ETH and Ripple (XRP) — the third-largest crypto by market cap — is increasing. Ethereum’s market cap is currently $15.9 billion, while Ripple’s market cap is $14.5 billion.

Ethereum has seen its value decrease by nearly 3 percent...


TRON Showing Bullish Trading Signs

TRON Symbol TRX | Decentralize The Web

The TRON Protocol, one of the largest blockchain based operating systems in the world, offers ... TRX consistently handles 2,000 transactions per second, 24x7.

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TRON (TRX/USD) closed 2018 with strength relative to the last couple of months. It is currently trading around $0.0208. At this price level, the market is up more than 90% from its 2018 low of $0.0111 on November 25.

This huge surge in less than one month is more than enough reason for many traders to be bullish on TRON. However, one must also consider that when the market bottomed out, it lost close to 90% of its value from the 2018 peak of $0.10041. Thus, it would also make sense to say that the recent bounce is nothing more than a relief rally.

That is why it is important to examine the market closely to see whether TRON has more upside potential. We did that for you and what we saw was promising. In this article, we reveal how TRON is showing bullish signs.

Structure Resembles Market Leader

In any asset class, whether it be equities or cryptocurrencies, there are some instances when a market leader emerges and then everyone else follows its direction. For example, Apple Inc. was down big yesterday, January 3. Notice how many tech stocks followed suit.

As for cryptocurrencies, the clear market leader right now is Ethereum (ETH/USD). It is currently trading around $160 to put the market up by over 95% from its 2018 low of $83. More importantly, Ethereum has taken out firm resistance of $145. This triggered the breakout from the cup and handle pattern.

ETH/USD daily chart

TRON appears to be following the same pattern. It established...

 


Binance Adds USDC Trading Pairs – Ripple (XRP) and stellar (XLM) to have USD Pairs

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Binance announced Friday that it would be adding a few new USD Coin pairs and moving its two existing USDC pairs into the combined stablecoin market called USDⓈ. Both ripple (XRP) and stellar (XLM) will have USD Coin pairs, in addition to their existing stablecoin pairs. The move involves the cancelling of any trades that exist in the current two USDC markets: BTC/USDC and USDC/BNB at the time of the move, essentially wiping the slate and creating fresh markets for the stablecoin.

The pairs being created with USDC are: BNB, BTC, ETH, XRP, EOS, XLM, and USDT. All of these will now be accessed through the USDⓈ asset market tab. They will no longer be in the regular coin exchange of Binance. It has BTC and ether as its primary base trading tokens.

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Binance was clear on their warning about existing trades in tangential markets:

“Please note: The existing USDC/BNB and USDC/BTC trading pairs will be removed and delisted at 2018/12/16 03:00 AM (UTC). All existing orders in each order book will also be canceled at this time.”

The new markets were already showing in the advanced exchange...


Why are Ethereum and Bitcoin Cash plunging after $5 Billion market recovery?

ethereum wallet dapp cryptocurrency

Over the last 24 hours, the crypto market has added $5 billion to its valuation, demonstrating a slight recovery from $106 billion to $111 billion. Despite the recovery of the market, Ethereum (ETH) and Bitcoin Cash (BCH) continue to fall in value, both recording a three percent drop against the U.S. dollar.

On December 9, the Ethereum price fell by around three percent from $97 to $93, failing to sustain the short-term momentum it garnered from an unforeseen recovery it experienced on Saturday. Since its daily peak, Ethereum has declined by more than six percent against the U.S. dollar, from $100 to $93.

Bitcoin Cash has also demonstrated a weakness in its short-term price trend as it lost nearly half of its value within a two-week period. Since November 6, the Bitcoin Cash price declined from $200 to $100, by exactly 50 percent.

Why is Ethereum and Bitcoin Cash Dropping So Rapidly?

The gap between Ethereum and Ripple, which recently took over Ethereum as the second most valuable cryptocurrency in the global market, has increased to more than $3 billion within a three-week span.

Technical indicators demonstrate oversold conditions but the sheer intensity of the drop in the price of the two cryptocurrencies have created...