Problem According to the World Bank, the global remittances market will reach $600 billion in 2018 and play a significant role in a world with less defined borders and boundaries. However, consumers and businesses attempting to transfer money globally have found it not only a slow and time-consuming process but costly as well.When money is transferred between banks or … [Read more...] about Crypto Case Study: Remittances
The Problem With the increased demand for data storage, businesses and consumers have turned to centralized cloud-storage options to keep sensitive data and information, where everything from personal photographs to confidential business documents are stored. However, these centralized services, because of their centralization, are prone to hacking and data theft, creating … [Read more...] about Crypto Case Study: Cloud File Storage
While Bitcoin, Bitcoin Cash, Litecoin, and others get the most airtime for their potential in being new forms of currency for the 21st century, one cryptocurrency is already making headway in a crypto-friendly country and has become a staple in its economy. Nothing special? Unlike most other cryptocurrencies, MonaCoin (MONA) was created without a white paper behind it, and … [Read more...] about What is MonaCoin?
Wanchain, a fork of Ethereum that adds extra features such as private transactions, is transitioning out of its ICO phase. The Wanchain ERC-20 token (WAN) can now be swapped for Wanchain's own coin (also named WAN). Here is what you need to know if you have ERC-20 WAN tokens. You can take part in the 'token swap' right now If your ERC-20 WAN tokens are in your own Ethereum … [Read more...] about Wanchain Is No Longer ERC-20— Here’s What You Need to Know
With Bitcoin holding steadily around the $8,000 price range, some traders and speculators are getting excited that we might be heading into a bull market. The last bull market ended abruptly on January 17, 2018— almost four months ago from today (April 18). Between those dates, cryptocurrency has grown regarding popularity and public adoption, so it is likely that there are … [Read more...] about How to Prepare for the Possible Bull Market
New and more ingenious applications are taking to the blockchain as the technology opens up new possibilities. The latest offering is from Sentigraph, which begins with an in-depth analysis of Twitter hashtags. What is Sentigraph? The system will integrate the IBM Watson AI-powered insight engine with the Ethereum blockchain to suggest the outcome of future events. Although … [Read more...] about Sentigraph Gauging the Sentiments of Users’ Reactions to Future Events
Number 1 in the top 10 cryptocurrencies by market capitalization in March 2018 is Bitcoin at $137 billion. What is Bitcoin (BTC)? Bitcoin is a digital currency where ownership is recorded on a decentralized network of computers known as nodes. The whitepaper for Bitcoin was published by Satoshi Nakamoto in 2009. The maximum number of coins that can be mined is 21 million with … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 1. Bitcoin
Number 2 in the top 10 cryptocurrencies by market capitalization in March 2018 is Ethereum at $46 billion. What is Ethereum (ETH)? Ethereum is the best known decentralized network for running smart contracts. Their website defines smart contracts as “applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 2. Ethereum
Number 3 in the top 10 cryptocurrencies by market capitalization in March 2018 is Ripple at $23.2 billion. What is Ripple (XRP)? Ripple claims to be the fastest, most scalable digital asset currently available for processing real-time payments. The network can handle 1500 transactions per second, which the company claims puts them at the same level as Visa and other card … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 3. Ripple
Number 4 in the top 10 cryptocurrencies by market capitalization in March 2018 is Bitcoin Cash at $15.5 billion. What is Bitcoin Cash (BCH)? Like Litecoin, Bitcoin Cash is another fork of top cryptocurrency Bitcoin. After protracted discussions regarding the best way to scale Bitcoin, a hard fork created Bitcoin Cash on Aug. 1, 2017. The new coin has 8MB block sizes, and the … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 4. Bitcoin Cash
Mosaic aims to establish a decentralized network to solve two problems for individuals looking to research crypto assets. Firstly it can be very time consuming to collate all the required data for a particular asset and secondly it’s difficult to assess the validity of the available data.Much of the data is provided by individuals that have a stake in the project, so it’s … [Read more...] about Mosaic Decentralized Market Intelligence Network
Number 6 in the top 10 cryptocurrencies by market capitalization in March 2018 is EOS at $4.7 billion. What is EOS? EOS is designed for vertical and horizontal scaling of decentralized applications with the use of the EOS.IO software. The network is designed to handle millions of transactions per second and the technical details are covered in their whitepaper. The EOS token … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 6. EOS
We have now reached the top 5 cryptocurrencies by market capitalization in March 2018. The fifth spot is taken by Litecoin at $8.0 billion. What is Litecoin? Litecoin was created by Charlie Lee in 2011 as an alternative to Bitcoin. It has a maximum supply limit four times higher than Bitcoin at 84 million, and blocks are processed four times faster. In 2017, it was the first … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 5. Litecoin
Number 7 in the top 10 cryptocurrencies by market capitalization in March 2018 is Cardano at $4.2 billion. What is Cardano (ADA)? Cardano has stated that it’s the only cryptocurrency being built by a global team of leading academics and engineers. Their website goes on to say, “The scientific rigour applied to mission-critical systems such as aerospace and banking has been … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 7. Cardano
Number 8 in the top 10 cryptocurrencies by market capitalization in March 2018 is Stellar at $4.1 billion. What is Stellar (XLM)? From the Stellar website – “Our mission is to connect people to low-cost financial services to fight poverty and maximize individual potential.” Their system performs automatic fiat currency transfers in two to five seconds at considerably lower … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 8. Stellar
Number 9 in the top 10 cryptocurrencies by market capitalization in March 2018 is NEO at $3.8 billion. What is NEO? Like IOTA, NEO is another non-profit based blockchain project and also incorporates smart contract technology like Ethereum. NEO started in 2014 with the first open source code posted on GitHub in 2015. Often referred to as “China’s Ethereum,” it started out as … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 9. NEO
As illustrated in the image below, the market capitalization of the top 10 cryptocurrencies in March 2018 ranged from $3.3 billion for IOTA in tenth place, up to $137.3 billion for market leader Bitcoin. That makes Bitcoin more than 40 times bigger than IOTA, three times bigger than its nearest competitor Ethereum, and larger than the combined market capitalization of all the … [Read more...] about Top 10 Cryptocurrencies by Market Capitalization – 10. IOTA
Over the coming years blockchain technology, including digital currencies, is likely to become as integrated into our daily lives as smartphones and the internet are today. It’s not just the young and technically minded that use smartphone and the internet - the technology has been embraced by all ages.Currently, blockchain technology, including setting up digital wallets … [Read more...] about How Much Do You Know About Digital Currencies?
Day-traders who handle large quantities of cryptocurrency often find themselves searching for an exchange that has one particular feature: low latency. In trading terms, latency means how fast a person's trading bot can react to the current state of the market. Trading bots are specialized programs designed to buy and sell assets within a minuscule period (generally less than … [Read more...] about What Is Latency and Why Is It so Important?
Point and Figure (P&F) charts are a trading analysis tool that dates back to the 1900s. They are used as a means of viewing the actions of a market through a minimalist lens. For that reason, P&F charts are referred to as 'noise filtering' tools. Understanding these charts is a complicated process at first, mainly because they look so different from the standard charts … [Read more...] about Understanding Point and Figure Charts