Investors are rushing to stake Nash Exchange (NEX) tokens, in order to maximize returns from the exchange’s fee-split model.

The address for Nash’s staking smart contract has seen a sharp surge in its balance. More than 700,000 NEX has been added to the wallet since Monday, when Nash went live. That takes the total number of staked NEX tokens up to 2.8M, which is roughly 8% of the circulating supply.

Bitcoin is finally succumbing to pressure. The price of the leading crypto has briefly slipped below the $10,000 level, though subsequently posting a small recovery. Altcoins are also losing value, with ATOM (-8.29%), DCR (-6.51%) and ALGO (-8.83%) leading the fall.

• TRON is trading back towards its monthly price open after giving back recent gains
• Short-term technical analysis suggests that the TRX / USD pair could gain nearly twenty percent in value
• The daily time frame highlights the $0.012400 level as the strongest form of near-term support

TRON has slipped back towards its monthly price open after giving back over five percent in gains since the start of the trading week.

Crypto and cannabis appear to march to the same beat. Cannabis stocks tumbled last month, after a year of exuberant growth. Crypto prices suffered a prolonged 2018 winter, the hangover of which continues to plague the altcoin market.

While bitcoin seems to have emerged from the bear market to find stable support around the $10,000 mark, it remains almost fifty percent below its all-time high.

Power Ledger, a blockchain-based energy trading platform, has launched the first trial of its technology in a rural area. In collaboration with the Shire of Wongan-Ballidu in Western Australia, the project will connect ten commercial sites to trade energy with one another on the blockchain.

Markets appear to be off to an uneventful start at the beginning of Tuesday trading. Bitcoin has been trading in a narrow $200 band, posting a 24h change comparable with USDT. Except for BSV (-4.37%) and XMR (-3.85%), most of the top-10 coins are in a similar position.

The Litecoin hashrate has dropped precipitously, suggesting that fewer miners are securing the network, and potentially exposing it to malicious agents.

Data from BitInfoCharts indicate that the Litecoin hashrate has dropped by nearly 40% from mid-July. After reaching an all-time high of 523 TH/s on July 14th, the network hashrate fell to 318 TH/s a little more than a month later.

• NEO is poised for a technical breakout from a falling wedge pattern
• Medium-term technical analysis still shows a bullish inverted head and shoulders pattern
• The daily time frame shows the $11.00 level as a potential upside target

NEO is poised for a technical breakout in the near-term, as the popular cryptocurrency consolidates inside its tightest three-week trading range since March this year.

A new framework from blockchain security firm CipherTrace will enable cryptocurrency wallets, exchanges and other projects to comply with the Travel Rule from FATF – the Financial Action Task Force – without having to share private or personal information with one another.

Debts products and dividends-paying stocks hardly have the same sex appeal as surging equities, but Nexo could soon change that in the crypto landscape.

Today’s negative interest rates, pressure on traditional equities, crypto volatility, and a prolonged bear market are playing into the hands of what is becoming one of crypto’s best bets: high interest loans and dividend-paying tokens.