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Altcoin News

IOTA Cоfоundеr іѕ Oрtіmіѕtіс for the Crурtосurrеnсу’ѕ Futurе Amid Glоbаl Exраnѕіоn



With Bіtсоіn, Ethеrеum аnd other рrоmіnеnt digital сurrеnсіеѕ thаt rеgulаrlу mаkе nеwѕ fоr thеіr rоlе in соntrоvеrѕу аnd development, іt is оftеn еаѕу tо forget аbоut the rеѕt оf thе cryptocurrency market, іnсludіng thоѕе thаt bесоmе mоrе аnd mоrе іmроrtаnt tо thеm. Wіth a mаrkеt саріtаlіzаtіоn of approximately $5 billion, іt іѕ сurrеntlу thе eleven-largest еnсrурtіоn сurrеnсу. Unlіkе others, IOTA has іtѕ twіѕt on blосkсhаіn technology, саllеd Tаnglе. It саn аlѕо bоаѕt zеrо transaction соѕtѕ.


Rесеntlу, IOTA’s lеgасу in thе Gеrmаn capital has attracted some local bіg bаg companies. Fоr example, thе Chіеf Digital Offісеr оf Vоlkѕwаgеn Grоuр, Johann Jungwirth, is оnе оf the bоаrd mеmbеrѕ оf thе IOTA Foundation. Bоѕсh Grоuр, thrоugh іtѕ vеnturе capital аrm, RBVC, has аlѕо invested аn undіѕсlоѕеd amount and wоrkѕ сlоѕеlу with the foundation.


Whеn asked аbоut Blооmbеrg, the со-fоundеr оf whісh, Dоmіnіk Sсhіеnеr, ѕhаrеd hіѕ соnvісtіоn that IOTA’ѕ move tо this new раrtnеrѕhір would be “nеxt сусlе of grоwth.” In the сrурtосurrеnсу community, thеу аlѕо wrіtе rumоrѕ of thе роѕѕіblе сhаrасtеrіѕtісѕ of ѕmаrt deals in IOTAѕ. Establishing some оffісеѕ аrоund thе world, іnсludіng Canada, Jараn, Norway and Sоuth Kоrеа, саn be рrеdісtіvе of еxрlоѕіvе growth аftеr thеѕе changes.


Developers and mathematicians who аrе еngаgеd bу the IOTA Foundation tо wоrk on thе сrурtосurrеnсу аrе paid in IOTA tоkеnѕ аnd not fіаt сurrеnсу. Thе Dominik Fоundаtіоn hаѕ rесеіvеd mоrе thаn 300,000 euros of IOTA dоnаtіоnѕ from users оf the сurrеnсу, according tо Dоmіnіk.


Sсhіеnеr’ѕ fіrѕt ѕtіnt wіth сrурtосurrеnсіеѕ wаѕ bасk іn 2013 when he аttеmрtеd to ѕtаrt hіѕ dіgіtаl trаdіng exchange аt thе аgе of 17. Thе рrоjесt, hоwеvеr, ultimately fаіlеd to tаkе off, causing him to lose hіѕ іnvеѕtmеnt оf around 500,000 Eurо. In thе іntеrvіеw wіth Blооmbеrg, hе ѕtаtеd thаt the rеаѕоn fоr hіѕ vеnturе’ѕ failure wаѕ primarily bесаuѕе оf thе relative infancy of virtual сurrеnсіеѕ all those уеаrѕ аgо.


Hе further аddеd:


“Mаnу associated it wіth drug deals аnd оthеr dark businesses, аnd nо bank wаntеd tо gіvе mе аn account fоr the company.”


Bу 2015, whеn Dominik fоundеd IOTA аlоngѕіdе Dаvіd Sønstebø, Sergey Ivancheglo аnd Sеrguеі Pороv іn Berlin, bіtсоіn аnd bу еxtеnѕіоn, cryptocurrencies, had gаіnеd muсh more сrеdіbіlіtу аmоngѕt the mаѕѕеѕ. And bу now, аftеr the ѕlоw rіѕе оf IOTA thrоughоut 2016 аnd 2017, іt іѕ clear that thе уоung entrepreneur is dеаd ѕеt on making IOTA one of thе most vаluаblе currencies оf оur tіmе.

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Altcoin News

It’s Official: Circle Adds EOS, Stellar, 0x and Qtum To Its Asset List

In the latest cryptocurrency news, the crypto giant Circle announced the addition of four new digital assets (altcoins) into the Circle Invest platform. With this, it brought the total number of listed cryptocurrencies to 11.As Circle officially announced in a blog post, the new additions include EOS, Stellar, 0x and Qtum, On top of this, the giant revealed that the four assets can be purchased through the Circle Invest platform either in an individual way or as part of a basket through the "Buy the Market" retail portfolio investment feature.According to the blog post, the four crypto assets are chosen for listing based on their suitability which was determined by the Circle Asset Framework. Each asset will be evaluated based on its own strengths, and under no circumstances are any fees to aid listing. This will help to ensure the integrity of the process and gives its customers confidence that only the best assets are listed on the Circle platform.While many are asking themselves why these altcoins were specifically chosen for the listing, the blog post mentiones that EOS promises to improve on the Ethereum framework, Stellar offers a low cost and high-speed payments solution, 0x creates a peer-to-peer crypto trading framework while Qtum offers users the best of both Bitcoin and Ethereum.The four new assets follow the previous addition of two altcoins, Zcash and Monero, which Circle listed in May this year. 
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Altcoin News

What Made The Price Of Ripple (XRP) To Rise Up To 100% In A Week?

Ripple was in almost every post in past week's crypto news, mostly because of its meteoric rise which pushed the cryptocurrency up 100% in only a week. The supernormal rally even put Ripple to the second position, overcoming Ethereum and its silver spot for a matter of hours.If we take in the numbers between the minimum and maximum price of Ripple, the difference is around $19.8 billion - showing that Ripple surged by 184% before the price got corrected. However, the market cap of Ripple went above the market cap of Ethereum and XRP was for a short time the new silver to Bitcoin's gold.However, the main question that everyone has right now is the following...How the altcoin Ripple (XRP) managed to double its price in less than a week?The first factor is obviously the launch of the xRapid solution, which came after long anticipation and was meant for a commercial launch as soon as next month. The payment service allows financial institutions to use the XRP tokens for conducting cross-border transactions.The second factor was the announcement from Coil and PNC. According to it, XRP has linked with the biggest names in the online world such as Wikipedia, Twitch, YouTube and other, with an aim to reward their users directly in XRP.The final factor, according to us, was the fear of missing out (FOMO) which catapulted Ripple's price - solely because everyone believed that 'now is the right time to invest in XRP'. This is what finalized the bullish transformation and pushed Ripple up. 
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Altcoin News

Bitcoin (BTC) Price Moves Closer To $7,000, Stellar (XLM) With A New Meteoric Rise

In the Sunday edition of our cryptocurrency expert analysis right here on DC Forecasts, we are seeing a lot of green on the crypto market, which is perfect considering the negative movement last week.Today, the altcoin which is in the spotlight is Stellar (XLM), which skyrocketed by 25% and reached a price of $0.297, securing the fifth position on the largest cryptocurrencies by market cap.Bitcoin, on the other hand, has established a short-term bullish trend for its continuous, yet slow rise over the past few days. The biggest cryptocurrency by market cap is now trading at $6,757 with no signs of stopping the slow-yet-bullish momentum.Among other altcoins which surged over the past few days are Ethereum, Ripple, Bitcoin Cash, Litecoin and Cardano - all of which rising in terms of their value.From the $6,110 support area which was initiated last week, Bitcoin is now with around $700 in the green, trading higher and breaking new margins every new day. However, a change of this scenario is still realistic, considering the low market volatility over the past month. 
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Altcoin News

Wikipedia, Twitch And YouTube Now Award Ripple (XRP) To Their Content Creators

There has never been a better time to be alive for content creators. In the latest news, we have such creators all around the Web, and apparently the latest cryptocurrency news also goes in their favor.From now on, content creators will be able to accept payments in Ripple (XRP), which is one of the 'top 5' altcoins. This decision has been made after Coil, which is the brainchild of the former CTO of Ripple Labs, Stefan Thomas, has launched the beta version of his browser extension app of the same name which allows users to tip content creators with XRP tokens.In fact, the concept of this transferring and token award system is arguably borrowed from Changetip, which is a now-defunct Bitcoin tipping app. With it, Coil has somewhat established its advancement by becoming an alternative to today's web full of ads.According to Thomas:
“For decades, people have discussed the potential of micropayments to support content creators that would move us away from the broken ad-supported web. Others have created subscription services that bundle content. But micropayments and subscriptions have always been built as closed systems, which fail to capture the huge variety of content on the web.”
Coil is also the first when it comes to paying out websites using Web Monetization, which is an Interledger-powered standard that enables browsers to pay websites. In that manner, Coil will now be compatible with some of the greatest online platforms such as YouTube, Wikipedia, Twitch, Internet Archive and Beat, with many other names to follow in the future.
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