Stellar‘s price action today is…pretty stellar. XLM is leading the markets, having surged by as much as 40% since yesterday morning. After trading for around six cents for most of the past month, the fast-payments token has broken out of its tight range, to surge past $0.09 before starting to decline.
The IOTA Foundation is taking a major step towards ensuring permanency in the Tangle, announcing a “Permanode” technology called Chronicle.
IOTA is designed as a protocol for the permissionless and frictionless exchange of value between machines and humans, with the Tangle acting as a distributed ledger. Using the new permanode technology, users will be able to securely store data, where it will be “verifiable to third parties for free.”
Altcoin season may be upon us, after all. Prices for almost all non-Bitcoin currencies are posting strong single and sometimes double-digit gains, while BTC’s stability could make a few smaller stablecoins envious.
XRP has finally made an upside recovery after spending close to five weeks trading under the psychological $0.3000 level. A broad-based rally in the altcoin space inspired the XRP / USD pair to move to its highest trading level since August 8th this year.
In 2017, China dominated cryptocurrency headlines – but to many observers, it’s now all quiet on the eastern front. But don’t let the diminished focus fool you – Chinese blockchain projects continue to innovate and build; and some are moving ever-closer to major global adoption.
Venture capital and crypto are now colliding in ways that were unthinkable only a few years ago. When Tim Draper began his career, he would often see periods of too much VC money chasing too few ideas.
That dynamic has now shifted with the emergence of blockchain technology and cryptocurrencies, giving Draper Associates the ability to pick and choose among the best implementations of the new tech.
In this series on Bitcoin and money, Crypto Briefing takes a deep dive into the complexities of the modern monetary system and how Bitcoin, as the ultimate hard money, can serve as a solution to many of its problems.
In Part Seven of the series we consider the concept of separating money and state, and what the repercussions might be if elected representatives were forced to keep to campaign promises – and divulge campaign donors – through blockchain technology.
Can regulators and crypto projects work out their differences to create safe environments for digital asset trading? Or are they destined to forever butt heads?
In an ideal world, there are no winners or losers. It’s the continued conversation between crypto leaders and regulators that will ultimately drive innovation.
Things are looking pretty bullish for Ethereum (ETH). The Ether price has surged by over ten percent in the past couple of days, and crossed above the psychological $200 barrier earlier this afternoon. That could be a strong buy signal for technical traders, as Crypto Briefing analysts reported yesterday.
Bitcoin and the rest of the market is surprisingly linear today, with many altcoins registering modest gains as BTC remains range-bound. Ethereum and XRP in particular are showing strong gains.
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