Crypto Analyst Says Bitcoin Has Bottomed And On Its Way to $8000, Not Down

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April 17, 2019

Market Update: Bitcoin (BTC) Seems To Find Calmness Just Above $5,000 After Blasting Past $5,200

Bitcoin (BTC) after some days of stagnation, is on the move again, not downward but upward. So far it has gained over 2% in the last 24 hours and cryptocurrency analyst and trader Crypto Thies says it is going far this time.

In a series of tweets, the analyst maintains that Bitcoin market is showing a good sign with a two-week Moving Average Convergence Divergence (MACD) measure turning green which symbolizes a recovery from the state it has been in before now.

While some analysts such as Nunya Bizniz think it is possible to dip below $3000 again before a final rally, Crypto Thies says Bitcoin has bottomed and is not likely to go down to sub $3000 again if his technical metrics are anything to go by.

Bitcoin has been stagnant at just above $5000 for the past several days and this has raised arguments on where the price will be going next. Earlier today, it started ascending from under $5,100 to reach as high as $5,261. As at press time, it is still over $5,200 and seems determined to press further.

Most analysts have predicted an upward trend for Bitcoin this year based on several technical indicators and patterns from the past which suggest a bull run is imminent. According to some analysts, Bitcoin will have to go above $6000 for it to be truly considered a bull run and proof that the winter is over.

The asset has however managed to stay above $5000 which is its new support since it climbed up from $4000. It is, therefore, logical to expect that the next support will be at $6000 and not a dip because even Weiss Ratings expected a dip below $5000 in the past week but Bitcoin was resilient enough to keep its level and not stay under $5000 even though it did drop to $4000 intermittently.

If the current trend continues, Crypto Thies sees Bitcoin closing the year at least at $8000 but if Nunya is right, we may be going as low as $2900 for the first time since the 2018 crash before rising again for a real bull run. But of course, the crypto community and traders would rather have the latter.

Price Analysis – Cardano finds support at $0.083. Is ADA running out of Steam?

By

Juliong Jonah

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April 17, 2019

Cardano's Impressive Weekend Jump, Briefly Overthrows Tron To Take Over 10th Spot

Cardano at the time of this article is currently trading at $0.0839 against the US Dollar, which looks to have found support at this price for the past week.

A slow down in volume struggled to keep Cardano above $0.09 with numerous attempts to break past, which may lead traders to think if we could see ADA drop lower?

The bears and bulls have really battled for direction on this Cryptocurrency within the last few days and the number of wicks that have occurred on the daily candles would suggest the general consensus remains fairly indecisive.

Cardano Price Analysis

Since finding support around $0.03 in December, Cardano remained fairly quiet to suggest the bottom was found around this level. Accumulation continued until the beginning of March, which led to an impressive 135% run-up in price leading into April.

An attempt was made by the bulls to continue on this bullish momentum to push past $0.09 and test $0.10 but was instantly met with multiple rejections on the daily timeframe.

Price resistance around this region was enough to signify a further breakout was unlikely and we have since seen ADA find support at $0.08.

A slight worrying factor on the daily time frame would indicate volume has substantially decreased and a retest of $0.073 could be expected.

Cardano building confluence within $0.835 – $0.918

The highlighted grey box indicates ADA is currently building confluence within this zone with multiple failed attempts to close outside of this region. Although multiple wicks have been outside of this boxed zone, a closure back within has indicated accumulation could be happening within this area.

The only closure outside of this boxed zone was between 15-16th April, however, the daily candle has since closed back within – A further increase in volume will be important to keep ADA back within this zone in order to climb higher!

Final Thoughts

ADA currently seems to be trapped in a battle between bulls and bears and the long wicks on either side of the daily candles would lead me to think there is no definitive control over short-term direction.

The 200D EMA could act as support if $0.07 is met however if bulls manage to take control, a retest of $0.09 will certainly be in play.

Can Cardano finally push past this key resistance?

Market Update: Bitcoin Still Well Above $5,000 As Bitcoin SV (BSV) Struggles

By

Tolu

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April 17, 2019

Daily Crypto Markets Technical Analysis: XRP, Digibyte (DGB), and Electroneum (ETN)

Ever since Bitcoin successfully surged past $5,000 a few weeks ago, it’s consistently been oscillating around that mark, going up and down as the days roll by. For example, in the last three days, it has dropped from $5,150 to $4980, rising again past $5,220.

There has also been very involved Bitcoin trading movement which is expected to push the price higher if it does continue like this. At the moment, Bitcoin still sits over $5,200.

General State of Major Altcoins

Most other coins are also doing well and trading consistently in green. Ethereum (ETH) has gone up 2.16% to $166.96 price, Zcash (ZEC) up 2.04% to $70.70, Basic Attention Token up 2.64% to $0.334 and XRP also increased by 4.21% to reach $0.338.

Others in red, include Litecoin down 1.82% to $79.84, Stellar Lumens (XLM) is down 0.26% and trading at $0.116, Ethereum Classic (ETC) down 0.84% to $6.21.

Furthermore, 0x (ZRX) Is up 1.43% to sell at $0.32, EOS up 1.47% to $5.47, the Binance Coin up 1.83% to $19.59, Cardano’s (ADA) up 2.42% to $0.0829 and TRON (TRX) up 1.75% to sell at $0.0268.

Bitcoin SV

At the moment, Bitcoin SV (BSV) is having serious issues after Binance officially delisted it from their platform. Shortly after Binance made their decision public, Erik Voorhees who is the CEO of Swiss-based Shapeshift also announced their decision to delist BSV.

Currently, Bitforex has followed suit after an online vote saw more than half of over 50,000 respondents voting to delist the asset. Other platforms who have announced a similar decision include Bitrue, Bittylicious, Bitcoinrewards and Cryptorader. Due to all the problems faced by the coin, the price has fallen considerably.

Conclusion

The current Market Cap reads at $177.7 billion with a 24hr Volume of $40.6 billion with Bitcoin (BTC) consistently controlling more than half of the market as its dominance is 52.1% of the over two thousand cryptocurrencies currently available in the market.

The crypto market, in general, isn’t where it used to be years back because it has obviously seen better days. However, the general mood around customers, exchanges, investors, and stakeholders isn’t too apprehensive and does seem somewhat calm. Only time will tell how long this calm will last.

Clem Chambers: Bitcoin Winter Is Over And the Price is Going Up, Possibly to $10K This Year

By

Nick James

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April 17, 2019

Fintech Experts Predict that Bitcoin’s Price May Rise 84% by 2019’s End

Crypto winter is over, and that’s according to Clem Chambers. While some analysts have recently expressed some bearish sentiments and have been expecting Bitcoin to drop down to $2,500, Chambers has been all bullish expecting the crypto to finally gain enough momentum to push through the $5k resistance and cruise upwards. Clem Chambers is the CEO of ADVFN, a popular website focused on stocks and investments.

$10k Or More

Going further, Chambers declared the crypto winter officially over and said that it’s just a matter of time before Bitcoin reaches $6,000, which he considered an easy target if the crypto gets enough traction. From there, Chambers expects Bitcoin to go as high as $10,000 within the year. Chambers was speaking to Forbes when he linked the rising crypto prices to the possible depreciation of the Chinese Yuan-Dollar pair.

Stablecoins Bringing In Money

According to Chambers, one of the major factors driving up the crypto prices is the increased in-flow of money into the crypto industry. He attributed the in-flow to the money coming in from the Stablecoins. In his opinion, an influx of money into the industry causes a proportionate increase in crypto prices.

Chambers explained that as crypto mining continues and new blocks are mined, the new supply has to be matched with money inflow at current levels. However, if more money flows in, demand increases and the crypto prices shoot up.

With that, Chambers concluded that the Bitcoin market needs about $3.3 billion to push the price up. Looking at the current market developments with various financial institutions expressing interest in Bitcoin and the crypto industry, it’s not far-fetched to opine that the money inflow is a growing possibility.

BTC Is Challenging Gold

It’s a fact now that Bitcoin is growing in popularity and usability. There are now numerous institutions accepting Bitcoin payments. Bitcoin is almost going totally mainstream, and that puts it in a prime position to challenge Gold as the ultimate store of value.

The Gold market is estimated to amount to about $5 trillion. In comparison, Bitcoin’s market is just around $0.09 trillion (about 0.18% of the gold market). If Bitcoin could succeed in grabbing just a fraction of the gold market, it could easily surpass its previous ATH (All-Time-High) price.

Blocko Starts its Customer Migration Program Following the launch of its Aergo Enterprise Blockchain

By

PR DESK

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April 17, 2019

Blocko Starts its Customer Migration Program Following the launch of its Aergo Enterprise Blockchain

Blocko, a highly reputed blockchain project with offices in South Korea, Hong Kong, and the United Kingdom, has unveiled a first-of-its-kind blockchain solution to promote data integrity.

With the launch of its Aergo Enterprise, Blocko is now retiring its existing Coinstack solution.

Aergo Enterprise is built upon a hybrid blockchain model, enabling organizations to unlock unprecedented levels of efficiency, security, and value.

Aergo Enterprise comes with intricate features and tools that allow companies to integrate blockchain technology into their operations seamlessly.

Unlike other private blockchains such as Hyperledger, Corda, and Coinstack, the Hybrid approach used by Aergo Enterprise is the first-of-its-kind consensus.

The Aergo Enterprise Advantage

Open data Silos: The Aergo Enterprise uses Merkle Bridges to help clients facilitate the exchange of assets like information, tokenized goods and more, in a trustless manner, thereby improving B2B collaborations.

Data Integrity: Aergo Enterprise promotes data integrity by anchoring data, recording transactions and hashes on its immutable ledger.

Easy to Use: the platform is easy to implement; it supports one-click provisioning of custom blockchains and simplified cloud system orchestration.

Easy Data Monitoring: Aergo Enterprise comes with the Hub Enterprise feature; it also provides users with a dashboard to view transaction and block history info and more.

Usable Development Kits: Aergo features an SQL/PL-like programming and data handling system and highly functional smart contracts.

Integrated Node Management: Aergo Enterprise has robust node management systems for configuring and managing permissions, as well as deleting data.

Pre-built Apps: All apps previously built upon Coinstack, including those used for Identity authentication, payments, and other purposes, will now be available on Aergo Enterprise.

24/7 Support: the Aergo customer care team will provide unlimited assistance to users.

All Blocko’s existing clients will be able to upgrade to the new Aergo Enterprise solution, and the firm has now begun the migration process.

“We’ve been supporting Aergo Organization in the design and construction of the Aergo platform for a full year. After a long and intensive R&D process, we are excited to finally launch our largest product to date,” said Won-Beom Kim, founder, and CEO of Blocko.

He also noted that:

“Our existing customers will be able to complete the migration program with ease and switch to our hybrid, high-performance blockchain network setup to achieve greater levels of security and scalability while expanding their use cases.”

Twitter: https://twitter.com/BlockoInc

LinkedIn: https://www.linkedin.com/company/10379339

Crypto Analyst Predicts XRP Will Reach $300 Before The End Of The Week. April Fools’ Joke?

By

Ponvang Bulus

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April 17, 2019

XRP To Hit $300 In 9 Months If 2019 Goes The 2017 Way

A famous cryptocurrency analyst, investor, and trader, Crypto Rand has made a bold prediction that XRP will likely hit $300 before the end of the week. That will be more than a thousand percent growth from its current price.

Crypto Rand made his prediction based on a growth chart from Bitfinex that showed a sharp rise from $0.32 to $0.34 for XRP within an hour as the market started going up in a recovery that started in the late hours of yesterday 16 April.

$XRP to $300 before the end of the week! pic.twitter.com/LeM4SiXsuP

— Crypto Rand (@crypto_rand) April 17, 2019

XRP has been among the top gainers in this recovery which experts say is likely to continue to a higher price for all the cryptocurrencies rising with Bitcoin. If Crypto Rand’s prediction is to hold, the market will need to move much faster than the current rate without ever moving backward.

Although the cryptocurrency market has been rough since 2018, XRP has been one of the resilient ones that have held on despite the harsh condition, only yielding its former 2nd spot to Ethereum. It has also been at the forefront of any gains in the industry especially the bullish trend at the beginning of April.

The gains the cryptocurrency enjoys is hardly surprising because it has gained significant adoption since the year began. Ripple’s remittance service is becoming more popular and since XRP is the native token for facilitating such payments, it is only natural for it to soar.

Some of its most significant adoptions this year include integration with WooCommerce thus bringing XRP to over 3 million potential customers, adoption by the World Bank for real-time payment through a partnership with xRapid, adoption by India’s federal bank to facilitate cross-border payments for Indians in diaspora among several others.

While some analysts have predicted a maximum price of just over $1 or more generously up to $10 for XRP by the end of 2019, Crypto Rand is looking at $300 within the next three days.

The market has proven to be unpredictable and anything is possible, so the crypto community will wait patiently to see what becomes of Crypto Rand’s prediction. It should, however, be noted that the market can move the other way so don’t get your hopes too high.

Forecasts Say Now is Best Time to Accumulate Stellar (XLM) for Possible Double Digit Q2 Profit

By

Tolu

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April 17, 2019

Bullish Outlook Presented by 2019 Weiss Ratings For EOS, XRP, BTC, ETH, ADA, XLM

Anyone who is even remotely interested in the crypto sector and hasn’t been living in a cave these past few weeks should know that cryptocurrencies experienced a significant improvement in their respective market values. Most significant is Bitcoin which after months of relative stagnation, was able to break through the $5000 mark and surged even higher. But one altcoin which also benefited from the bullish market was the Stellar Lumens (XLM).

Apart from the general effect of the market on the asset, Coinbase also did announce sometime in March that it will be airdropping more than a hundred million dollars in XLM (1 billion XLM) to users who are interested in doing a proper study of the Stellar protocol.

This was done in an official partnership with the Stellar Development Foundation and significantly improved Stellar Lumens’ outlook and its ultimate market value.

Today, there are predictions that XLM would experience its own unique bull market in the very near future. This prediction does seem plausible as the applications for XLM seem wide enough to almost guarantee a bull. Also, the Stellar foundation is visibly interested in offering a more generally proficient system for transactions and hopes this would shoot up its value.

XLM Forecast

So far, Stellar Lumens has been performing considerably well and it has been predicted that the price will rise past the $0.2 mark from its current price of $0.115. This expected rise is expected to happen sometime in the second quarter of 2019. More specifically, investors believe that they will be able to reap profits in their double digits before the second quarter is over and are already holding.

If profit is the endgame, it’s always best to buy either when the price of an asset isn’t high or there’s a strong reason to believe that a significant increase just might be on the horizon. Based on this, it would seem like now is the perfect time to hodl XLM.

It is difficult to decide when exactly the proposed bull would end or how long it would last. Some have indicated that in the long term, XLM could still fall victim to a general bear market in the future. However, if this doesn’t happen then it’s unlikely that XLM on its own would experience a bear market anytime soon.

Disclaimer: The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Bitcoin spikes in less than 24hrs, heads for a higher resistance level

By

Adrian Klent

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April 17, 2019

Market Update: Bitcoin Clearly Headed Up, All Signs Point To A Rally

The big bull more than any other cryptocurrency has shown immense growth over the past few months. On the 3rd of April, after Bitcoin made an upswing to the $5000 level, the big bull had since been trying to build momentum enough to push it to the resistance level of $5200 and $5300 mark.

However, since the past two weeks, BTC had been struggling to stay afloat ever since. While the big bull was able to hit $5400 a few days ago, Bitcoin took a downswing, one that left it dangling below the $5100 mark.

Meanwhile the past 24hrs has taken a rather impressive turn as Bitcoin seems to be making a swift comeback, one that has moved it up by more than 5%, more precisely, Bitcoin which had previously hit a daily low of $5,024 and further went on to close at $5,067 made a dramatic upsurge in price.

Trading at $5,228 at press time, Bitcoin was quick to add up more than $130 to its previous trading price in less than a day.

One factor that certainly played a major role in this price pump as with other cases is the drastic increase in trading volume which can largely be credited to BitMEX traders whose trading pairs of XBT/USD is now totaling at $1.78 billion, with 3% in gains, an increase in trading volume is likely to result in a $2 billion trading volume from BitMEX trading.

This could progressively move Bitcoin up to the $5300 and $5400 mark. Following BitMEX, FCoin exchange will also pioneer this increase with trading pair of BTC/USDT already going as high as $1.09 billion.

While Bitcoin is yet to recover, the big bull is slowly but certainly headed for higher grounds. With only a few dollars away from the $6000 mark, it is expected that Bitcoin will hit a new yearly all-time high before the close of the year.

Save Your Precious Time: TradeSanta For Profitable Automated Crypto Trading

By

Guest Author

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April 17, 2019

Save Your Precious Time: TradeSanta For Profitable Automated Crypto Trading

They say the smartest people are those that find the easiest way to do the difficult stuff. Crypto trading, for one, can be a gruesome task if you’re not properly prepared, and that’s besides taking up lots of your time. But why use up all your time staring at the trading screen when you can get TradeSanta to do the job for you? That sounds easy, doesn’t it?

TradeSanta is an automated crypto trading tool that saves you all the time you would otherwise spend inputting trades every time you want to take a position. All you have to do is set it up and get busy with other stuff as the system initiates and closes trades on your behalf. Even more appealing is the fact that you can set it up in less than 10 minutes.

TradeSanta: How It Works

The crypto market is a volatile space with almost all cryptos experiencing price fluctuations, and any smart trader would want to capitalize on these fluctuations to turn a profit. TradeSanta is a software platform that can do it for you – all for free. A good system is one with a user-friendly interface with easily understandable features, and TradeSanta developers know that. That’s why the system’s user interface is the easiest thing for anyone to use. As a matter of fact, you don’t even do much. You just have to specify the market parameters for your automated trading positions – like profit targets and pairings.

The trading bot is granted access to your preferred crypto exchange through API keys, and that means that the bot can’t access your funds or initiate any withdrawals. At the moment, TradeSanta can be used on about 4 crypto exchanges, namely Binance, Bitfinex, HitBTC, and Bittrex, support for Bitmex, Okex and Huobi is coming soon.

Why TradeSanta?

TradeSanta just started offering its automated crypto trading services for free – you can consider that an early Christmas gift. As of now, TradeSanta’s website is live, with over 1,800 active bot users and upwards of 100,000 deals already closed. That’s enough incentive for any serious crypto trader to want to try TradeSanta. If you experience any problems with the system, the bot’s live chat support known as “Santa’s Helper” is always on standby to assist. You can also get more support through TradeSanta’s Telegram channel.

One indisputable advantage of using an automated trading bot like TradeSanta is that it’s active 24/7 as opposed to manual trading. Also, it’s faster. Using TradeSanta is 100 times faster than placing orders manually. Since it’s always active, the bot can keep track of market dynamics and utilize technical indicators to automatically open trading positions on a real-time basis.

According to TradeSanta, automated trading removes the emotional element in decision-making and replaces it with logic derived from data mined and analyzed by the bot. That strategy works to rake in more profits – to have more chances for getting more profit, especially considering that most lose in crypto trading result from traders relying on emotions and personal biases to place orders.

TradeSanta eliminates that eventuality, putting you in the best possible position to make profits. With all these advantages, and keeping in mind that the bot’s services are currently free, who wouldn’t want to use TradeSanta?

Disclosure/Disclaimer: This article is paid for and produced by a third-party source and should not be viewed as an endorsement by ZyCrypto. Readers are urged to do their own research before investing or having anything to do with the company, goods and/or services mentioned in the above article.

Bitcoin (BTC) Holding On To $5,200 Position Firmly, Bulls Now Eye $5,400 With Max Keiser Predicting The Next Rally Will Be Triggered By “State Actors”

By

John Kiguru

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April 17, 2019

Bitcoin Halving 2020 - Should You Invest?

After a few days of marginal losses, the market has turned green again. In the last couple of hours, most coins have recorded gains although the numbers for most remains very low. Bitcoin (BTC) is at the time of press up by around 3%, a climb that has seen it find stability above $5,230.

This position has remained key for the coin in the last couple of weeks, with the position strengthening its recently established $5,000 support position. For many investors, Bitcoin being within the $5,200 and $5,000 position is fairly positive. If a trigger was to be set off while the coin is within this range, Bitcoin can easily rally and record impressive numbers.

The $5,400 Resistance Position Is The Next Key Target For The Bulls, $6,000 Still Within Reach

Within the last couple of hours, bitcoin has hit a high of $5,272 before pulling back. For the bulls, this is short of the long resistance position which is just above $5,450. They will be looking to push prices higher up to possibly retest the $5,400 resistance position soon as they continue to strengthen their bullish trend.

If the bulls can get Bitcoin prices above $5,400, they will have triggered a momentum that will easily see them reach a high of $5,800 and subsequently $6,000. This move will have seen Bitcoin climb back to its range before the plummet last year.

A few analysts, including Arthur Hayes, CEO of BitMEX exchange, are predicting that Bitcoin will end the year above $10,000. This will, however, be a very conservative achievement if Bitcoin can be able to cross above $6,000 in the first half of the year.

Max Keiser Believes The Next Rally Will Be Triggered By “State Actors” Mining Bitcoin For “strategic reserves”

Max Keiser, who has been an advocate of Bitcoin, has recently stated that he believes the next rally will be triggered by state governments. According to Keiser, governments will soon be involved in a hash war as they attempt to take control of Bitcoin’s network. This will see Bitcoin begin rallying and hit an all-time high.

“The hash wars will be played out on a state level and that’s what will take us to new all-time highs.”

Although this could potentially see prices rally as demand goes up, it is hard to see it lasting long-term. Cryptocurrencies are designed to be free from the influence and control of the government. It is hard to see it retain its interest among the people if states begin having influence over it.

Bitcoin Developer Jimmy Song: “Delisting coins is satisfying short term, but ultimately bad”

By

Ponvang Bulus

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April 17, 2019

Stellar Lumens (XLM) Gets Listed on Coinbase Pro Following XRP

The issue of Binance delisting Bitcoin SV (BSV) and the Craig Wright controversy has flooded the media in the last few days, and the crypto community has been polarised on the subject. Jimmy Song, a notable figure in the industry has also voiced his thoughts on the matter.

In a tweet on 17 April, Song said delisting coins for personal reasons may bring immediate gratification but has long term, negative impacts on the ecosystem. In his opinion, this action gives the impression that exchanges can do and undo, which is not true.

Although Binance cited incompetence as its motive for delisting BSV, it is quite obvious that it was in a bid to hit back at Craig Wright, the creator of the coin. This makes it a personal fight rather than a decision taken to better the experience of users on the platform and is therefore bad for the crypto space.

Another exchange Shapeshift also took a step to delist BSV shortly after Binance did and it was expected that Kraken would follow suit because of its Twitter poll which found over 75% of respondents moving for BSV to be delisted. Unsurprisingly, Kraken has finally delisted the coin, clearly stating its reason as misconduct and unethical behavior exhibited by the BSV team.

Meanwhile, another exchange PayBito gave a press release on 17 April stating its decision to list BSV. This is coming precisely at the same time the Kraken delisting news was released.

The exchange cited BSV’s cheaper transaction, higher scalability than BCH its rival as its motivation for listing the coin. It also listed many other qualifying criteria such as a good team of developers and compliance to regulations, the same features Binance claims the coin lacks and the reason for delisting.

Also on 16 April, a Japanese cryptocurrency exchange SBI Virtual Currencies announced its decision to list BSV. Apparently, the exchange has a working relationship with BSV and may have taken the step to help BSV get back on its feet after the devastating effect of Binance’s action on the price of the coin.

BSV lost 20% in a 24 hour period while BCH gained significantly to lead the top gainers on the market. The trend is gradually changing though with BSV currently having a loss of just over 1% while BCH is at a loss of over 2%. The next few days will be important in determining what happens to the two rivals based on choices made by other exchanges.

WCX Complete Review: Trade Financial Markets with Bitcoin

By

Livine Sanchez

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WCX Complete Review: Trade Financial Markets with Bitcoin

What’s WCX?

WCX is unique in the trading world as it allows users to trade financial markets using just BTC. It combines the speed and trading experience of a cryptocurrency exchange with the broad range of markets typically offered by traditional brokers.

Since it was launched in late 2018 by ex-Apple engineers, WCX has attracted traders from over 170 countries and experienced phenomenal growth, with trading volume crossing $5 billion.

How it works

If you expect a market’s price to go up, you go long (buy). If you expect a market’s price to go down, you go short (sell). The degree to which you are right or wrong determines your profit or loss, in BTC.

For example, if you open a 10 BTC buy position on Apple stock, and price rises 10%, you gain 10% × 10 BTC = 1 BTC.

Key features

High Liquidity

Trades are matched directly against a common liquidity pool (there are no orderbooks), which means there is no slippage and trades are executed fully at the quoted prices.

0 Fees

There are no fees to place trades, deposit, or withdraw.

Security

WCX has deployed a comprehensive security apparatus to ensure funds and data security. Over 98% of funds are stored offline in cold storage, and hot wallets are insured against theft. Communication is fully encrypted and you can choose to enable 2-factor authentication.

100+ Markets

You can trade cryptos, stocks, forex, gold, oil, and more. You don’t have to settle to trading just crypto. Now you can use BTC to take advantage of opportunities anywhere in the world.

Shorting

You can go long and short on the market. Shorting lets you profit when prices fall.

Leverage

You have access to leverage to multiply your potential profits, up to 300x. You can also choose to trade without leverage.

Walkthrough

The trading dashboard is simple. Once you’ve signed up and verified your account, you’re ready to deposit and place a trade.

The deposit and withdraw process are standard – you deposit to and withdraw to a BTC address.

Once you have funds in your account, select a market from the list on the right. There are many markets to choose from, including cryptos like ETH and LTC, stocks like AAPL and TSLA, traditional currencies like EUR and JPY, and commodities like Gold and Oil.

After you’ve selected a market, you’re ready to make a trade. You can check the chart for the history of prices and to draw technical analysis like support and resistance to better inform your trading decision.

Submit a trade

Set an Amount in the box on the left, then click on Buy if you expect prices to go up, or Sell if you expect them to go down. The minimum trade size is 0.001 BTC.

The trade is executed and appears both in your Positions panel and on the chart.

Tracking your Profit and Loss (P/L)

The P/L on your position is tracked in real-time from your Positions panel. Once you’re ready to close your position and take the profit or loss to your balance, click on the X icon next to your position.

Take Profit (TP) and Stop Loss (SL)

You can set a TP or SL to automatically close your position at the price you choose.

Partially closing a position

Sometimes, you don’t want to close the entire position, but rather just part of it. To do this, you can split your position into to smaller positions, then deal with them separately.

Pending orders

You can also choose to submit orders that execute at a price you set yourself. To do this, click on Advanced then set a Price before submitting your order.

There are many features to explore, but the basics are simple and straightforward. If you’re new to trading, you can start in demo mode, where you can place trades with a fictional balance without risk.

Team

WCX is based in Switzerland and was founded by Amatsu Soyonobu and Tagawa Hayashida, both ex-Apple engineers. As early bitcoin users, they were frustrated by the lack of real-world use cases for the digital currency. So in 2017 they left their jobs and created WCX to let regular people trade the markets with bitcoin, with 0 fees.

Conclusion

By using bitcoin exclusively for trades, deposits, and withdrawals, WCX is able to offer one of the easiest and fastest ways to trade. And traders seem to like it, with over $5 billion traded so far.

Beginners Guide to Create your own Cryptocurrency

By

Guest Author

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April 17, 2019

Why Crypto Adoption will Take Time: the Case of Blockchain Wallet Stellar Airdrop

Most of you have already heard about the most famous cryptocurrencies, such as Bitcoin or Ethereum. You are also probably aware that there are more than 1,500 others. And this number will continue to grow as more and more companies or people decide to create their own cryptocurrency.

But exactly, how do you create a cryptocurrency? What skills are required to create your cryptocurrency?

On paper, to create a cryptocurrency, you have to fulfill these 3 conditions:

Have a good idea. If you just want to create a crypto-currency to say that it’s crypto, then your project is directly doomed to failure. You need to have a solid blockchain-based project for that to happen.
Gain the trust of users. To gain the trust of people, you have to create a community behind your crypto and make sure to always communicate well with your users. Many crypto-currencies with a very strong project behind have never taken off because the creators have never bothered to create a good community behind.
Know the programming and how crypto-security works. Of course, you can employ people to do it for you. But it is still important to know at least in the main how the technology works that allows everything to work properly and securely.

Now that you have in mind the very big lines to follow, let’s see in more detail how it all works.

The technological choice

The real start begins with your idea. But before talking about your idea, let’s start by talking about the technology needed to make your idea a reality. One of the technologies that’s not mentioned below but deserves a special mention is Binary Options Review that helps companies by fulfilling the basic requirement while creating a cryptocurrency.

Binary options trading is a way of making money for some. For those of you, who don’t know what is binary options trading?

Let me explain.

A binary option is a type of trading. Here you just have to predict whether the share price of the “ABC” company will go high or not on a given date and time. And you need to bet on it with an investment.

So suppose you say yes, the price will go up and if it goes up then you make money on your invested money. And if the price goes down, then you lose your invested money.

That’s all you need to do.

How Binary Options Review can help you?

Binary options review provides you the best binary options broker’s reviews like IQoption, Empire Option, 24 Option, Option Robot, and lots more like them.

So that you stay ahead in the game of binary options trading. Binary options review is visited by thousands of people every month.

You will find so many important resources and data which will help you to lift your binary options trading game.

Binary options review is one of the best sources to get news and data about binary options trading.

There are two ways to think about creating your cryptocurrency:

Create your own blockchain. In this case, you will create what is called a “coin”.
Use an existing blockchain. In this case, your cryptocurrency will be called “token”.

So, you will have to decide if you want to create a coin or a token. Do you prefer to create something from 0 that will fit exactly what you want? Or do you prefer to use existing and proven technology?

The first option will require a lot more work but you can do exactly what you want. The second option already offers an existing working system but could limit you in your future development.

It’s up to you to see what’s best for you according to your ultimate goals:

Creating a coin will require you significantly more money and will require much more time. In addition, you will need a large developer team for you to carry out this project. In addition, it will be harder to get people’s confidence in the quality of your blockchain.
If you do not really need to have a specific blockchain, then opt for a token will be the most interesting solution from a point of view speed, cost and user confidence.

The best choice for creating a token

If you decide to create a token, then you will probably point to tokens based on the blockchain Ethereum or Neo. In any case, this is what decides to do most of the creators of a new token.

When you create a token based on the Ethereum blockchain, it will be a token that we call ERC-20. Ethereum is popular for creating new tokens because it’s the first blockchain that made it possible. In addition, people have a great deal of confidence in Ethereum.

Neo is also quite popular. Its characteristics are globally similar to Ethereum, but the tokens created on this blockchain are qualified as standard NEP-5.

The choice between one or the other of these blockchains will depend only on your preferences. Ethereum has the advantage of popularity and trust, but only allows coding in the computer language that is specific to this blockchain, the Solidity. You will have to start by learning this programming language. On Neo, you can use several different programming languages, such as C ++ or Java for example.

The launch of an ICO

When a company decides to go public, it practices what is called an IPO means “Initial Public Offer” and allows people to buy shares of the company.

In the world of cryptocurrencies, we will have to resort to what is called an ICO of “Initial Coin Offer”. Instead of receiving shares of the company, the user will receive cryptocurrencies, which will have exactly the same utility as a stock market action.

Creating a cryptocurrency takes time and requires a lot of resources. Using an ICO is a great way to raise money for your project.

However, that will not be easy either. You will need to earn the trust of your future investors.

The most successful ICOs have in general always fulfilled the following conditions:

A strong team that has proven itself. For example, a Harvard computer science doctor as a chief programmer, a former Microsoft marketing executive, and so on.
Realistic plans for the future. All expenses must be planned and explained, dates must be announced for the realization of the different stages of the project, etc.

Well, that’s it from us on part of how to create an ICO and creating a Cryptocurrency.

We are Currently Planning to expand RippleNet to Many More Destinations – Ripple’s SVP of Product

By

Tolu

-

April 17, 2019

Israeli Cryptocurrency Exchange Etoro Mulls Partnership with Ripple

In a new video posted on the official Ripple YouTube page, Asheesh Birla who is the Senior Vice President of Product at Ripple has spoken on the expansion plans Ripple has for its RippleNet solutions system.

Birla explained all the specific details about the whole process in the video lasting over 13 minutes while being interviewed by Ginger Baker – Ripple’s Senior Director of Product.

According to Asheesh, nothing about sending out money globally has changed since the 1960s and this is a big problem as “there needs to be a modern way of sending money.” Speaking further on how Ripple intends to solve this problem, Asheesh says Ripple is “working together with banks, payment providers and central banks around the world to make a better and more modern financial system to send money across borders.” This collaboration birthed RippleNet which is basically a coalition of many different financial institutions including banks and other payment providers, who are keen on using technology to make payments (even cross-border ones), more seamless.

How Would RippleNet Help Individuals and Institutions?

RippleNet makes cross-border payments very easy without the payer or the payee having to worry about the general volatility of cryptocurrency, even though it is based on XRP. Reacting to a question sent live by someone who was curious about how XRP and RippleNet would help, Asheesh explains that these payments are settled very quickly and so no one really has to worry about how unstable crypto might be. He says:

“XRP has an advantage in that it was built specifically for payments and so it settles in a matter of seconds. So…volatility (is) not an issue when using XRP for cross-border payments (as) the cost of sending with XRP is just a fraction of a few pennies.”

On the Expansion

Birla also mentions that this easy payment system is now available in Mexico and the Philippines and it’s been welcome there with open arms.

“On demand liquidity is available today in Mexico and the Philippines. So far, the positive responses from our customers in those two countries had been overwhelming.”

Birla also mentions that the Ripple team is currently working on expanding this framework into a few more destinations but is not specific about where they would be.

The RippleNet framework promises easier, faster and much cheaper payment solutions for all its users, reducing fees by as much as 70%. Asheesh also assures that integrating payment systems through RippleNet is very easy and most service providers can have this concluded within just a few weeks.