Developer Preethi Kasireddy believes what the ethereum community decides to do in terms of fund recovery will be the network’s “defining moment.”
CoinDesk
The leading altcoin of the moment – Populous
FOMO Moments
The markets are green again for another day, driven by momentum during the Asian trading session. News that Japanese exchange Coincheck will be refunding all of its investors with their stolen XEM would have been a positive influence. One altcoin however is standing apart again with gains of over 16% on the day and that is Populous.
According to Coinmarketcap PPT is up 16.65% in the past 24 hours. It has jumped from just over on Saturday to today, a rise of over 45% in a couple of days. The price of this coin has over doubled since the mid-January crypto crash that brought all prices tumbling down.
The blurb on its website says Populous is a peer-to-peer invoice finance platform that is globalizing what is currently a localized and limited market sector. Entrepreneurs and business professionals can enter into an invoice auction-based marketplace to bid on invoices to unlock the cash previously tied up in them.
The beta platform is nearing imminent release, and a simulation has already been announced, which may explain renewed interest in the altcoin which is currently outperforming all of the others in the top 25. Populous only has 53 million PPT in total supply, with 37 million circulating so it is a very low supply coin. Total market capacity is .7 billion with million traded in the past 24 hours. The top exchange to trade PPT is Binance with almost 75% of the total volume.
More info on Populous can be found here: https://populous.co/
Happy Trading.
The post The leading altcoin of the moment – Populous appeared first on NewsBTC.
The leading altcoin of the moment – RaiBlocks
FOMO Moments
Looking at the top 25 cryptos during today’s Asian trading session a clear winner has once again emerged. Markets have failed to gain momentum over the past couple of days and have largely been trading sideways. The top ten by market capacity are all in the red and only RaiBlocks is showing solid gains.
According to Coinmarketcap XRB is up almost 22% in the past 24 hours. After a week of down trending from a high of it has made a comeback from a reversal at yesterday and is currently heading back upwards trading at .63 at the time of writing.
News that the launch of its underlying product, the RaiExchange, is imminent would have caused the renewed interest in this altcoin. People have been waiting patiently for the exchange to come online and according to the RaiExchange Twitter feed it will not ne long:
“So close we can taste it.. All of our account management features are now live. Two-factor auth, password management, security logs, session management, password reset, etc.”
Raiblocks is different to most cryptocurrencies as it operates on a ‘block lattice’ as opposed to a chain. Each block contains its own transaction and updates account balances mathematically after each exchange; there is no public ledger with a transaction history.
XRB has a market capacity of .3 billion, with 133 million total supply, all of which are already circulating. It is traded heavily on Korean exchange Kucoin which has over 70% of the volume.
The post The leading altcoin of the moment – RaiBlocks appeared first on NewsBTC.
The leading altcoin of the moment – Stellar Lumens
FOMO Moments
In this new section we will look at the top 25 cryptocurrencies and pick out the best performer. Each day the markets usually follow a similar pattern, often mimicking their leader, big daddy Bitcoin. On occasion however one stands out usually performing better than its digital siblings. We will look into possible reasons for interest in that particular coin beyond the regular FOMO.
Today’s top performer during the Asian trading session is Stellar Lumens, currently trading at .64. According to Coinmarketcap it has increased by 11% in the past 24 hours while all other virtual currencies in the top 25 have barely made it over 5%. What was perceived as a bull run started yesterday seems to have fizzled out. XLM has continued strong and has made it to number 6 in the market cap charts.
The renewed interest could possibly be on the back of online payments company Stripe dropping Bitcoin and considering Stellar as an alternative digital payment platform. Stellar Lumens is exactly that, a hybrid blockchain that facilitates cross currency and asset transfers. It has the advantage of operating hundreds of times faster than Bitcoin and at a fraction of the cost. It could also be that Mobius announced yesterday that it has raised million in its ICO which ran on Stellar instead of the usual standard, Ethereum.
XLM has a current market cap of .5 billion; there are 100 billion tokens in total with 17.8 billion circulating. The top three exchanges are South Korean Upbit, Hong Kong’s Binance and US based Bittrex.
More info on Stellar Lumens can be found here: https://www.stellar.org/
Happy trading.
The post The leading altcoin of the moment – Stellar Lumens appeared first on NewsBTC.
As Price Eyes $10,000, Bitcoin Faces ‘Mainstream’ Moment
As bitcoin nears ,000, CoinDesk compiles perspectives on the technology and where its insiders think the market’s headed.
CoinDesk
The head of the IMF says bitcoin is ‘too expensive for me at the moment’
Christine Lagarde, the head of the International Monetary Fund, on Friday told CNBC’s Sara Eisen that bitcoin is “too expensive for me at the moment” …
BitNewz.net