Despite the opinion that altcoin prices will pump with the downfall of Bitcoin, it seems cancellation of the SegWit2x fork has negatively influenced other cryptocurrencies as well. However, most experts still think the price tendency for altcoins will be opposite to that of Bitcoin. John MacPherson, a cryptocurrency expert, Anti-Fraud and Compliance Manager at Wall of Coins, a peer-to-peer market for buying and selling Bitcoin, stated to Coinidol: “I think the slaughter on alts will remain as long as bitcoin is pumping because unless a comparable amount of money is dumped into an alt, the price rise in bitcoin will continue to drop the price of alts. When and if that bitcoin correction does happen, I believe alt season will open up again.” https://coinidol.com/altcoins-price-analysis-bitcoin-pump-is-slaughter-for-altcoins/ |
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Coinfirm Adds Citigroup, KPMG, Publicis Groupe and SAP veterans to the Advisory Board Global Citigroup Managing Director as well as ex-Global Sales Head at SAP among those who joined Coinfirm Coinfirm, one of the leading companies operating around AML/CTF compliance and regtech in the blockchain space announced it has added deeper strength and experience to its ranks. The list of established advisory board members, working with the company for 6 months now include: ● Ruth Wandhofer, Global Managing Director at Citigroup, Regulatory, Market & Innovation Strategy. ● Julian Johnson, former Global Head of Sales and Executive Vice President in top enterprise software businesses such as SAP, Oracle or Microsoft ● Pawel Tomczuk, entrepreneur and angel investor, founder of the largest strategic communications firm in Central Europe that was eventually sold to Publicis Groupe. Also as of the beginning of November, Pawel Tomczuk, took the position as the Chairman of Coinfirm. Among the new team members who joined Coinfirm’s advisory board are: ● Lee Byrne a regulatory veteran, who serves as the International AML Advisor ● Harry Saito, former KPMG Executive Director and CEO of Tokyo International Consulting, who joins as Senior Advisor for Japan - the market with the most advanced adoption of cryptocurrencies. Both of them have been working with the company as consultants for over 3 months before joining the advisory board. https://coinidol.com/coinfirm-adds-citigroup-kpmg-publicis-groupe-and-sap-veterans-to-advisory-board/ |
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Bitcoin has recently surpassed the value of Goldman Sachs Group Inc. and hovers above $100 billion. However, the wider public is yet to be introduced to Bitcoin and cryptocurrencies. Even so, in October 2013, Bitcoin ATMs made their debut at the Bitcoiniac`s kiosk in one of Vancouver’s coffee shops. Today, just four years later, there are more than 8 million Google search results for “Bitcoin ATM near me’’. But how does a Bitcoin ATM work? In this guide, we present you with the most important things to know before using a Bitcoin ATM. https://coinidol.com/ever-heard-of-bitcoin-atms-what-you-need-to-know/ |
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SmartOne Launches ICO For Blockchain-based Legal Services Marketplace The crypto community will soon be able to access legal services on the world’s first decentralized legal marketplace, utilizing a tokenized system to seek out and engage top global law firms with specialized expertise in cryptocurrency and blockchain technology. Dubbed SmartOne, the online marketplace will be the first of its kind to connect members of the crypto community with expert lawyers and firms offering virtual advice and legal counsel over the blockchain. Legal clarification for the crypto community The world of traditional venture capital has experienced nothing short of a major technology disruption since 2016, with Initial Coin Offerings (ICO) raising massive amounts of funding for startups and new blockchain projects, far outstripping the levels of conventional financing. The attention-grabbing successes of ICOs have raised alarms throughout the global finance and banking system, with regulators concerned over the legitimacy and security of these crowdsales. Apart from stepping up anti money laundering (AML) and know-your-client (KYC) procedures, however, the extent to which ICOs are legally compliant remains vague, as there exists no current national or international regulations that govern their regulations. https://coinidol.com/smartone-ico-for-blockchain-legal-services/ |
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"Launching Crypto Intelligence portal is perfect time for Covesting, who just recently launched their Pre-ICO, receiving over 1,000 different investors and raising over 1,900 ETH in the first half of their Pre-ICO. The presale is limited to only 5,000 ETH and will run until November 19th, or until the cap is reached. Want to learn more about Covesting, or participate in the ICO? Visit covesting.io where you can access the full white-paper, view the brilliant team behind Covesting, and learn more details about the Pre-ICO and project roadmap. " |
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Covesting is About to Build the Largest Crypto Community and Knowledge Resource Covesting, a revolutionary peer-2-peer asset management platform for cryptocurrency market, is launching the “Crypto Intelligence” portal, a knowledge base built by traders for traders, complete with videos, tutorials, articles, market analysis and more. The portal will feature many videos and written content aimed at educating the community and the world on the intricacies of cryptocurrency. While the knowledge base will cover all of the basics, including what cryptocurrency is, how to use a wallet, what an exchange is, and how to properly store cryptocurrency, the portal will also feature unique content created by leading crypto traders and experts aimed at educating the community and the world on the intricacies of fast growing universe of cryptocurrency. “The idea is to create the most complete and growing knowledge base for cryptocurrency markets. Top crypto traders will be publishing their trading ideas and market overview in order to share their knowledge with Covesting community.” said the CEO and Founder of Covesting, Dmitrij Pruglo. https://coinidol.com/covesting-is-about-to-build-the-largest-crypto-community-and-knowledge-resource/ |
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A Cute Augmented Reality Angel Became the Face of Arcona’s ICO Campaign Sweet Angel Eva, an augmented reality (AR) character designed for children, recently got promoted to lead Arcona, a new project that will enable developers to deposit virtual objects anywhere in the world. Her responsibilities include dealing with investors and the crypto community, as well as representing Arcona at a variety of virtual events. Sweet Angel Eva was created in 2016 at the request of the main investor of Piligrim XXI, the company behind Arcona. Piligrim XXI has been developing AR solutions for the travel industry for more than four years. The company has already created the first network of outdoor AR parks with a total area of 12 miles in France, Italy, Russia, Latvia, Estonia and Bulgaria. https://coinidol.com/a-cute-augmented-reality-angel-became-the-face-of-arcona-s-ico-campaign/ |
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Market experts anticipate the fall continuing to about $5,000, then turning into steady increase. Michael Morton, the founder of Morton Bitcoin Management, a niche IT investment firm that specializes in Bitcoin investing and startups using blockchain technologies, and GNEISS, a universal Ethereum peer-to-peer smart contract asset exchange, stated to Coinidol: “I strongly support the decision to cancel the Segwit2x Fork. Any blockchain that tries to fork bitcoin I see as an attack on the original network. There is only one bitcoin. I would expect a short term retrace to around $5,000. Followed by the long term bitcoin bull market to end up above $10,000 by the end of the year”. https://coinidol.com/bitcoin-price-downfall-from-all-time-heights/ |
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The week appeared to be quite unexpected for Bitcoin community, namely because of the cancellation of SegWit fork. Despite the controversial attitude toward it within the community and the obvious lack of support, no one could anticipate it would be cancelled at the last moment. At the beginning of the week the price of Bitcoin resembled a rollercoaster, it reached another all-time heights of $7,800, and then dropped to $7,300. The second half of the week showed steady downfall to its present value of $6,553.62. More than a thousand dollars away in a couple of days. It might seem a tragedy for those who bought at $7,300. Market experts anticipate the fall continuing to about $5,000, then turning into steady increase. Michael Morton, the founder of Morton Bitcoin Management, a niche IT investment firm that specializes in Bitcoin investing and startups using blockchain technologies, and GNEISS, a universal Ethereum peer-to-peer smart contract asset exchange, stated to Coinidol: “I strongly support the decision to cancel the Segwit2x Fork. Any blockchain that tries to fork bitcoin I see as an attack on the original network. There is only one bitcoin. I would expect a short term retrace to around $5,000. Followed by the long term bitcoin bull market to end up above $10,000 by the end of the year”. https://coinidol.com/bitcoin-price-downfall-from-all-time-heights/ |
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VIB Token Listed On Bittrex, Viberate Enhances Relationship With Charlie Shrem The token for the live music industry, $VIB, is now available to trade on Bittrex, the world's third biggest exchange according to Coinmarketcap, following the recent listings on Binance, UpBit and HitBTC. Wednesday was a big day for the Slovenia-based music startup that sold out their ICO in under 5 minutes. Viberate's CEO and co-founder Matej Gregorcic said: "Bittrex is of course the logical step for any serious cryptocurrency. Working with them has been a delight and we are happy have their support. Having our token listed on such a big and reputable exchange only proves that the stakeholders in this industry believe in our project and share our vision. Our token holders kept asking us when we'll have the token listed there, because they wanted an exchange with a high volume. With the help of our advisers we are now happy to ring the bell and start trading at Bittrex." https://coinidol.com/vib-token-listed-on-bittrex/ |
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India’s Largest Blockchain Network, Auxledger, Backs Cashaa for All India Operations Auxledger’s implementation holds more than 53 Million Indians till date Auxledger, an enterprise-grade blockchain infrastructure currently powers over a dozen applications across different state governments of India is partnering with Cashaa to support All India operations. One of the world’s largest blockchain networks Auxledger enables organisations to quickly deploy a blockchain network and build their business logic on top of it. Auxledger aims to revolutionise a series of public and private sector use cases in India, including Identity Management, Remittance, Asset management, Supply Chain, Wearables in Defence, HealthTech, Education and Finance. Aside live applications, many proof-of-concept programmes have been run over Auxledger by EY, PwC, VISA, IIT Bombay for a range of different use cases. Auxledger has the support from the State Governments of India and has enormous reach and potential, partnering with Cashaa offers an attractive boost in network effect and value for both platforms. Auxledger is one of the offerings of Auxesis Group, a global leader in blockchain enterprise solutions who is ranked among the Top 100 Most Influential Blockchain Companies. https://coinidol.com/auxledger-backs-cashaa-for-all-india-operations/ |
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Why Choose Tokenbox: 4 Reasons to Try and to Trust In less than a week Tokenbox will introduce a unique solution for the cryptomarket: an ecosystem perfectly uniting funds, traders and investors. Why is it safe, why would one trust a system like that, and what are its main features? Legal transparency and KYC As for the crypto-funds, they keep popping up on the market. We honestly think, that the world needs more of these, since they benefit the entire market. There is of course the issue of legality: it's hard to legalize them completely. We're planning to solve this problem within Tokenbox by registering an umbrella fund, that would sublicense to other funds and individual traders. There is, however, an issue of trust and individual security in the whole system. Our approach is aimed to solve it. Unlike eToro platform, where anyone can start a fund or become a trader, the Tokenbox team will ensure that those traders and funds who would like to get in, will have to pass a KYC verification. These procedures will include uploading IDs and various database checks. We are also in agreement with a number of KYC providers that can perform such checks. https://coinidol.com/why-choose-tokenbox-reasons-to-try-and-trust/ |
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The rally of the BTC price had some negative influence on other cryptocurrencies. Now, as Bitcoin will probably become steady, without surges of falls, other coins will have a chance to improve their positions. Andrei Popescu, a lifetime member of the Bitcoin Foundation, and Chief Experience Officer at C.O.S.S. PTE LTD, a platform which encompasses all the features of a digital economic system based on cryptocurrency, told Coinidol: “Ether and the other altcoins are suffering now of poor liquidity because of the Bitcoin rally.” Good news is that BTC is becoming less volatile, so “the selling pressure for other altcoins will diminish.” Read the full article: https://coinidol.com/price-analysis-altcoins-sigh-with-relief/ |
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Confideal An ICO That Should Not Be Ignored Confideal is a new platform that's designed to bring strength, security, and transparency to the world of contracts as we know it. With an overwhelmingly successful pre-ICO, Confideal is planning the launch of their official ICO on November 2nd, 2017. From there, the company plans on creating an ecosystem through which anyone, regardless of programming knowledge, has the ability to construct smart contracts; providing access to the commercial industry. Confideal is a new platform built out of necessity. The world's contract process is flawed, with strict forex regulations causing delays in the transfers of funds, human error creating further issues, and third party involvement required among most contracts, errors happen every day that hinder the performance of contracts around the world. Confideal intends on changing that. https://coinidol.com/confideal-ico-should-not-be-ignored/ |
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SegWit fork has been cancelled. How will it influence BTC price? In the evening on Wednesday, November 8, Mike Belshe, chief executive of bitcoin wallet service BitGo and project lead for SegWit2x, announced the cancellation of the hard fork due to a lack of consensus in the community. The official announcement was published on Twitter on the SegWit2x page. Shortly afterwards, the BTC price reached its new all-time high of $7,899. However, within an even shorter period, it had rocketed down to $6,977. Now that’s a rollercoaster. Someone too sensitive might go grey from it. https://coinidol.com/bitcoin-price-looks-like-rollercoaster-segwit2x-fork-cancelled/ |
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The Tokenbox ranked by ICOrating agency The Tokenbox platform, whose ICO is planned for November 14th, was given a “Stable+”, high-quality assets rating category. Top analysts of cryptomarket recommend to buy TBX tokens for long-term portfolios. The ICOrating agency also noted that The Token Fund, a successful tokenized cryptofund created by the same team, is one of the advantages of the project. Clear marketing strategy, team of high-end marketing professionals, social media success are named among other advantages. Portfolio managers considering to start a cryptobusiness are recommended to look into the project, as the reserve fund would be established and the money would be invested in the funds established on the platform, then distribited among 10 of them. https://coinidol.com/the-tokenbox-ranked-by-icorating-agency/ |
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The price of Bitcoin has recovered due to the fact that the Support for SegWit fork has declined On Tuesday, November 7, the price of Bitcoin decreased to $7,000 due to the conflict regarding the SegWit fork. The market continued to show support for the fork, while the Bitcoin community rejected it due to its closed-source development. However, on Wednesday, November 8, Bitcoin recovered to a price of $7,468.48 as the conflict went quieter for a short time and even managed to reach $7,500 on some cryptocurrency exchanges. Nevertheless, the community still objects to the hard fork, thinking it would split the chain. Read the full article: https://coinidol.com/bitcoin-price-the-risk-of-a-healthy-pullback/ |
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Bitcoin is a digital asset held in carefully crafted code. But sometimes, pressures to change the code lead to a so-called “hard fork,” after which two new blockchains may also fork and coexist - and in some cases, openly compete. A rose is a rose is a rose - unless it is not. The name of Bitcoin has a certain mystique; it has become a story, an entity and a lot of hopes and investments hang upon it. At this point, Bitcoin is an established digital asset with record market prices above $7,000 - and just as it’s at its most influential, Bitcoin faces an identity crisis. Read the full article: https://coinidol.com/who-afraid-of-bitcoin-hard-fork/ |
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