Bitcoin price broke through the $15,000 threshold as CME’s launch comes closer. Cryptocurrency is attracting more and more investors, which makes its price go up. The prominent fact is that Bitcoin market cap is now exceeding that of the fiat banking giant, JPMorgan Chase. Some minor cryptocurrency markets are attracting new investors by increasing premiums. For example, in South Korea, BTC is traded at a rate of over $17,000, which is about $2,000 more than in the global market. Following this example, Ukrainian cryptocurrency exchange btc-trade.com.ua also trades Bitcoin at a rate of $17,064. These markets are quite small. According to CryptoCompare, a cryptocurrency market data provider, the South Korean cryptocurrency market takes less than seven percent of the global bitcoin market share. The Ukrainian market is also small, though the country has the largest programming talent pool in Eastern Europe, boasting numerous blockchain solutions. Read more: https://coinidol.com/bitcoin-price-upsurge-goes-on/ |
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Bankera Initiates Banking Revolution on the Blockchain, Announces Token Sale Banking is undergoing its greatest revolution since the invention of the printing press. Technology is changing how money is spent, stored, and exchange especially with the advent of the blockchain. Blockchain has enable startups to start addressing the woes of the banking industry, and while many attempts has been made to create an integrated solution, their focus on niche problems negates the impact of their solutions. To truly revolutionize the banking industry, the platform will have to showcase the potential of becoming a one-stop store for all financial services, the same way, traditional bricks and mortar banks are now. The platform will also have to reduce the number of counterparties, thus lowering the cost of banking for the end consumer. Such a platform is what Bankera is offering. Following a successful presale that raised 25 million Euros and gathered more than 16,000 contributors in September, Bankera has officially announced the launch of its token sale. Starting on November 27th, the blockchain-based startup will offer its BNK tokens to the general public to implement its decentralized banking services. Bankera is an operational fork of SpectroCoin ( https://spectrocoin.com), a successful cryptocurrency exchange, e-wallet, debit card provider and payment processor with an established client base of 490,000 clients and over 64,000 cards issued. Leveraging core infrastructures whose functionalities are now comparable to the traditional banks, Bankera is the natural extension of SpectroCoin’s services to develop a banking system for the blockchain era. https://coinidol.com/bankera-initiates-banking-revolution-on-the-blockchain/ |
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The upsurge of BTC price goes on. Bitcoin rated $13,200 on CoinMarketCap. This has probably become possible owing to CBOE’s and Gemini’s listing of bitcoin futures. That announcement caused the market to turn optimistic enough for another all-time high, which is not surprising as CBOE is the largest options exchange in the world. The mere fact that such a giant turned to Bitcoin allows for improving its liquidity and, therefore, a price increase. More: https://coinidol.com/bitcoin-price-btc-breaks-through-ahead-of-cboe-bitcoin-futures-launch/ |
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Debit Card Giveaway Cointed is partnering payment solutions company to provide a crypto debit card that aims to make payments in crypto part of everyday life. Those who contribute to the the Cointed ICO during December have the chance to win a crypto debit card. Why a crypto debit card? Clients will link their wallets to the card, in the same way traditional cards work. Payments will be charged in crypto but the merchant has the opportunity to get paid in fiat. This will allow people who want to spend their crypto to do so without forcing merchants to accept digital currency in their stores. During the Cointed ICO anyone who contributes with more than 20ETH are get a Cointed Limited crypto card for free. The Giveaway However, 20 ETH is quite the amount to invest. Everyone who invests in the period from 00:00:01 UTC on Thursday, December 7, 2017 to 00:00:01 UTC on Thursday, December 14, 2017 will be eligible to win one of the five crypto debit cards. To increase your chances, Cointed will weight the chance that you win a card with the amount you invested. So, the more you invest during this period, the more likely you are to win. Of course, people who choose to invest more than 20 ETH will still get the Cointed Limited crypto card and will be eligible to participate in the draw. https://coinidol.com/debit-card-giveaway/ |
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Former Alibaba Senior Manager Revolutionizes Parenting Through Blockchain Shaoming Yang, who used to work for Alibaba, has joined Babystep and will now be chief business development officer for the Chinese startup that provides the most expansive library of educational video content to parents in 8 languages. Furthermore, Yang will be handling the e-commerce side on both Babystep as well as FamilyPoints, the very first blockchain platform of its kind. Yang will also form strategic partnership to benefit both FamilyPoints and BabyStep. FamilyPoints is pivoting itself to revolutionize the global $6 trillion market, creating a community and channel where parenting products and services can be rated and reviewed. FamilyPoints aims to prevent manufactures and service provers from being able to mislead consumers as easily, by establishing trust in a way that is immutable and verified. To develop the platform, as well as market and expand the platform into key markets once it’s up and running, FamilyPoints will be issuing FamilyPoints Tokens (FPT), which will be used to pay the subscription fees associated with accessing the platform. https://coinidol.com/former-alibaba-senior-manager-revolutionizes-parenting-through-blockchain/ |
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It seems Bitcoin has fully recovered from the major $9,000 price correction. As of the time of writing, the BTC price at CoinMarketCap amounts to $11,931, which is another all-time high. Such turbulence in the market was caused by the UK and Indonesia this time. Despite these markets not being the largest in the cryptocurrency industry, their attempts to regulate Bitcoin have caused its price to surge again. The U.K. Treasury aims at expanding its anti-money laundering and counter-terrorism regulations to cryptocurrency. As digital money suggest anonymity and privacy, it is quite easy to use them for criminal purposes. These new regulations will ensure trading platforms comply with government rules, thus preventing the usage of cryptocurrency for crime. Despite the fact that some might think it is an attempt to centralize the industry, in fact, this might be a benefit, as regulations might ensure an increase of trust in Bitcoin and other forms of digital money. The Central Bank of Indonesia, on the other hand, is planning to impose a ban on all cryptocurrencies to prevent people from using them for payments. The full article: https://coinidol.com/bitcoin-price-uk-and-indonesia-causing-market-turbulence/ |
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DateCoin Collected More Than 688 ETH During the First Days of Their Pre-Sale The Pre-ICO of the project DateCoin – the world's first dating service that uses intelligent algorithms and neural network technology, based on the already operating successful business model (MVP – app Denim) and which has a buyback program on the blockchain – was launched at midnight on the 29th of November. During the first few minutes of the pre-SALE, the project DateCoin collected over 527 ETH (about $244,000). Over the first days of the sale, more than $ 320,000 was collected. DateCoin – is a service for "pragmatic dating". That's what sites where successful men are looking for companions, and women are hoping to catch a wealthy bachelor are called. After all, if there is demand, there will be supply, won’t there? The first wave of buying tokens eloquently proves this fact! During the Pre-ICO, DTC tokens can be bought with a discount of up to 50%, the tokens are created and function on the basis of smart contracts using Ether, and it is possible to invest BTC or ETH in the project. More: https://coinidol.com/datecoin-collected-eth-during-first-days-of-pre-sale/ |
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Digital Land: You Can Become a Landowner in the Brave New Virtual World In December anyone can become a landowner in the emerging virtual world. Arcona, a project providing a link between a layer of augmented reality (AR) and landmarks on the Earth’s surface, have started a pre-sale of tokens. With these tokens users can buy pieces of Digital Land. How will this work? Digital Land is a layer of AR uniting the real and virtual worlds, where blockchain technology will protect the rights of landowners and content creators. The project will allow users put a layer of data on top of what we normally see. Arcona’s creations have the potential to fundamentally change our surroundings, with the Digital Land providing limitless opportunities for new forms of business and entertainment. For example, advertisers will be able to place virtual billboards in top locations, while artists can create their own AR shows for public consumption. For now, users can only see this virtual world through their smartphones, tablets, or other gadgets, such as the HoloLens, but as soon as the contact lens for augmented reality is released, virtual objects will become an ordinary part of our lives. https://coinidol.com/digital-land-you-can-become-landowner-in-brave-new-virtual-world/ |
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2017 is definitely the year you should start caring about your online privacy, and the number of VPN users has hugely risen those past few months. Why? In the USA, internet providers are now allowed to collect and sell their users’ data without their consent, while in the UK, more and more laws and regulations are being voted that aim at compromising citizens’ digital privacy. China and Russia are obviously not doing any better, since they are keeping up with their censorship policies and making sure local internet users are blocked from the outside internet and kept from expressing themselves freely online. Online privacy and anonymity is slowly but surely getting compromised, wherever you live – but the good news is there are two major ways to increase and preserve your online privacy: VPN and Cryptocurrency. Read the full article: https://coinidol.com/why-pay-vpn-bills-with-cryptocurrency/ |
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ARK may have given the world of cryptocurrencies a serious boost by securing a SCIC status. In case you are wondering, SCIC is another phrase for a French cooperative society, or more specifically, “General Interest Co-Operatives.” You might also be wondering, what is ARK? The one-line description of this company says it is the place to get all-in-one blockchain solutions. hose who stand to benefit from what ARK has to offer include startups, developers, users, and anyone else in need of cutting edge blockchain technologies. In other words, the company is in a position to create a blockchain ecosystem for many industry players. And how is it that ARK can achieve this? To begin with, it is very flexible, scalable, and highly adaptable. Without overselling it, what ARK offers is something consumers certainly want. And there is no doubt about it, developers in the cryptocurrency world definitely need the services this company has to offer. https://coinidol.com/ark-might-be-french-for-cryptocurrency/ |
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One particular startup that’s currently working towards bringing blockchain to the IoT is Streamr - the live marketplace for data sharing. It is a decentralized off-chain platform that is connected to the Ethereum blockchain with smart contracts to ensure maximum security and safety. Streamr.com The platform allows users to sell their excess data to companies and other individuals who need it, and in turn allows them to buy excess data from other parties if they need it themselves. For example, say you’re driving a car in rush hour. If your car is low on petrol, you can use other peoples’ data to find out where the nearest fuel station is, and which station has the lowest prices. In return for their services, you will pay them a small amount of DATAcoin tokens - the transferable currency within the Streamr platform. Alternatively, someone sitting at home may want to know what the traffic is like in the area you’re driving through. So while you’re sitting tapping your fingers on the steering wheel in a traffic jam, your car can send the other users the data they need. In return, you will receive DATAcoin tokens from the user as payment. This tokenization of data will enable a completely new way for both machines and people to trade data on a peer-to-peer decentralized network - and it’s all tied together in a simple interface within the application. In fact, the DATAcoin token (DATA) has recently been listed on Bitfinex - one of the world’s largest cryptocurrency exchanges, making it freely transferrable. https://coinidol.com/how-the-blockchain-is-about-to-revolutionize-iot/ |
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In 2015, there were 4.9 billion connected ‘things’ in the world. By 2020, this number is expected to increase massively. Some have predicted there could be as many as 21 billion connected devices worldwide. A scenario that was impossible to imagine a few years ago has now become a reality. What Exactly is the IoT? The Internet of Things is all around us. It makes a huge impact on our daily lives, and for most of us it has become the norm - we couldn’t imagine living without it. However, there is one major problem with the IoT today...and that’s that very few people actually know what it is. A report has shown that as of 2014, 87% of people had never even heard of the Internet of Things. In some ways, it still sounds like nothing more than another confusing tech buzzword. But it could be responsible for one of the biggest technology paradigm shifts we’ve ever experienced. The Internet of Things (IoT), also known as the Internet of Everything (IoE) refers to the collection of devices or objects that are connected to the internet that collect and transmit data via the Internet - from your smartwatch to your refrigerator. Soon, virtually every single device you own will be connected to the Internet. The demand for the IoT is growing rapidly. Very soon, there will be more IoT devices in the world than there are people. While this comes with many advantages, it also makes us more susceptible to security breaches. The major problem with these devices is that by using them, we submit all control of our personal data. This is a huge problem when 69% of US consumers believe they should own all the personal data all Internet-connected devices they own. Read the full article: https://coinidol.com/how-the-blockchain-is-about-to-revolutionize-iot/ |
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The Blockchain ecosystem suffers explosive growth. According to data from Coinmarketcap just for 11 months in 2017 cryptocurrencies market capitalization grew by 1200%. Investors and hedge funds are fixing unbelievable profits, which they can get from crypto assets, and trying to divert their assets into this niche. Investors are waiting for startups, which will repeat the success of projects like Ethereum (+272397% since ICO) or IOTA (+922448% since ICO). However, the majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market. Vitalik Buterin, co-founder of Ethereum said: “There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well” As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. As these 5% will be the new center of influence, their token demand will create tremendous growth in their valuation brining hundreds of thousands percent of returns on investments made on early stages. Read the full article: https://coinidol.com/cryptocurrencies-that-will-not-survive-in-2018/ |
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IOTA is one of the few cryptocurrency that has been able to strengthen against Bitcoin in recent weeks and can be used as hedging against decline the price of Bitcoin. The volume and price of IOTA is growing due to the announcement that IOTA have been listed on Coinone exchange. The more people that begin to trade with IOTA, the better for IOTA. Let's take a closer look at the use of IOTA in the Internet of Things. Linking blockchain with IoT is complicated due to the technological limitations. There are two main issues to look at. Firstly, scalability. There are regularly more than 100,000 unconfirmed transactions on the Bitcoin Network which will be hard to sustain in the future. Nowadays, users have to pay high fees but this still doesn't mean that their transaction will take place. Secondly, transaction fees. Bitcoin’s mean transaction fees have already risen above $7. IOTA have addressed how it is possible to solve these issues. Read the full article: https://coinidol.com/iota-hedging-against-the-bitcoin-price-drop/ |
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Green Mining with Cointed and Nvidia Mining digital currency is certainly an attractive source of income. Plug in the GPU cards and let the digital gold pour. However, mining bitcoin alone consumes 0.13% of the world’s energy consumption. Fuelling such consumption with anything but renewable energy would have a devastating effect on the environment. Fortunately, more and more mining facilities are switching to hydro and wind powered energy sources according to the latest Bitcoin News. Europe’s largest Bitcoin ATMs provider and digital currency exchange Cointed is set to shake up the green mining industry in the later part of Q4/2017. The team behind Cointed is inspired by always pushing the bar higher and being an example of innovation. To guarantee their clients the best possible service, all the Cointed mining hardware and software is custom made. https://coinidol.com/green-mining-with-cointed-and-nvidia/ |
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What is the Solution for Today’s Business Issues? A lot of people are dreaming of having their own business or have ideas but often there is the financing issue that prevents ideas from becoming a reality. Many people wish to enter the world of investments but with their modest budget and savings that is close to impossible. Business owners have ideas or desires to renovate their businesses, but they often cannot risk the size of their investment because it could ruin their enterprise. And lastly, the world is full of people with skills and knowledge in valuable fields, but it is hard for them to use those skills in their current business environment. The world is full of talented people with unrealized potential solely due to lack of opportunities and people who would invest them. Imagine a world where anything is possible But what if there were a world where all the people we mentioned could contribute to businesses in ANY KIND of way and finally PROFIT from that? Read more: https://coinidol.com/what-is-the-solution-for-today-s-business-issues/ |
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An Industry Unstable: How NITRO Brings Balance Back to the Gaming World You don’t have to look far to see one of the biggest stories in video gaming news centred around a conflict between various stakeholders of a triple A title. The consequences have been huge and have highlighted a major issue in the games industry today. For the Few, Not the Many The large and growing imbalance of power between developers and communities is bringing oligarchical-like consequences; just a few major companies have a say in what gets the quality assurance of a triple A title, and what gamers get to play. Within this industry; gamers, publishers, developers and financiers all have an investment in the games being released. When one party refuses to listen to the other, or decides to take advantage (which occurs far too often), then the game itself and the other stakeholders may suffer as a result. Introducing NITRO NITRO identifies these stakeholders as key players, and understands the risks and rewards between the relationships they have with one-another. NITRO’s Blockchain-based project was created to address problems inherent in the industry. But what makes people think that NITRO will have an impact? Well, It’s the first ever project to be backed by the PLC iCandy with a huge mobile gaming network of over 340 million existing users currently playing their games. NITRO has a phenomenal business infrastructure behind it significantly reducing the risk of its execution come launch day. But how does NITRO plan to solve these problems? More: https://coinidol.com/nitro-brings-balance-back-to-the-gaming-world/ |
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