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NEM Foundation Partners With Daneel To Provide Reliable Data

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NEM wakes up

The popular crypto market data analysis firms named Daneel recently partnered with the NEM Foundation and got into the NEM ecosystem. The update was shared in the crypto news and the entire community through an official tweet which came by Daneel, followed by a detailed Medium blog post on 7th October 2019.

This partnership will now allow around 300 thousand users to have easy access to Daneel and the relevant data – mostly because the Daneel widget will be integrated in the ecosystem of NEM. This is how the announcement is disclosed. Aside from this, the collaboration marks the introduction of an advanced version that is called “Daneel Pro” which will let users access web terminal containing all of the features that Daneel has.

The NEM news also show that the company chose to enter into this partnership so that it can benefit the larger community. This is what the blog post states. What we also should take into consideration is the fact that the NEM Foundation now aims to introduce, educate and promote the use of the NEM blockchain platform on a global scale.

With the Daneel Widget integration, each of the NEM users will be able to access the best and latest market news. Plus, the widget will be complemented by Daneel’s famous indicators which include real-time data, trends, market sentiment and even the price predictions. the users who opt for the Pro edition can enjoy all these incredible features and gain true market insights.

The founder and CEO of Daneel expressed his excitement over the new partnership, stating that it would provide them with new perspectives. NEM Foundation’s president, Alexandra Tinsman, also said that their collaboration with Daneel would allow important data to be delivered straight and securely to the increasing consumer base at scale and speed.

“We truly believe in the ethos of this project, and are thrilled to be on board for this exciting next chapter of growth,” Tinsman said.

The post also revealed that the Daneel Widget integration is “in procesS” and it may be in full operation by October. The post said that the interface of Daneel Pro includes features of both the Widget and the mobile version, even though it is considerably more advanced.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

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NEM News

NEM (XEM) Adds 25% Following Bitcoin’s 30% Surge

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The cryptocurrency investors had many reasons to celebrate on February the 6th, 2020, as NEM (XEM) was a leader in a price recovery for many major cryptocurrencies. NEM (XEM) adds another 25 percent following the bitcoin price gain of January so we are about to read more in the NEM news today. Data from Coin360 and Cointelegraph Markets displayed XEM making gains of about 25% overnight on Wednesday, coming back over $0.06 per token for the first time since August 2019. The move comes as other cryptocurrencies saw new gains, with some of them in the top twenty by market capitalization expanding by more than 10%. Tezos (XTZ) closed monthly gains of 80%, surpassing even the track record of Bitcoin (BTC) since the start of this year. Ethereum (ETH), the second-largest cryptocurrency, brought returns of 9.5% in the 24 hours till the publishing of this article, holding support above $200. Michaël van de Poppe the analyst of Cointelegraph Markets, notes that other tokens to keep your eyes on are XRP and Stellar Lumens (XLM). While the performance of XRP was not impressive in the past weeks, a push above $0.28 encouraged traders, with the analyst of Cointelegraph Markets, Michael van de Poppe notices that XLM responded to XRP progress with a copycat move.
 “If XRP moves, then Stellar Lumens usually follows. The XLM/BTC pair is showing signals similar to the XRP chart,” he said in his latest market update on Wednesday.
Besides that NEM (XEM) adds more value others are still suffering at a fraction of their best highs both in Bitcoin and in the US Dollar. This fiasco to reconquer lost ground, last experienced in the first half of 2018, made few famous commentators predict the end of cryptocurrency markets in 2019. Peter Brandt and Max Keiser, among many others under that circumstances were focused wholly on Bitcoin. he 29th ranked crypto by market cap, NEM wakes up and got one-quarter of its value back into the day’s morning. The altcoin had previously lost 97 percent of its value in the two-year decline that goes back to January 2018 and this past month, the XEM cryptocurrency dropped to its lowest value in over 2.5 years.
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NEM Ventures Joins Decentralized AI Alliance To Support Democratization

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The venture capital and investment arm behind the NEM blockchain system and cryptocurrency, NEM Ventures, is in the crypto news today for announcing that it has officially joined the Decentralized AI Alliance (DAIA). This alliance includes more than 50 organizations in the interrelated Artificial Intelligence (AI), Internet of Things (IoT) and blockchain ecosystem and works together to democratize the use and control of AI. The NEM cryptocurrency news also show that this partnership will see the development of common strategies and increased resource sharing between NEM Ventures and the other member organizations. The common goal for them is to develop a system of democratized AI. As the president of DAIA and founder of the ACM AIDecentralized shared following the news release:
“With over 60 global members to date, I am ecstatic to see NEM joining the alliance and welcome them. We remain anxious about the future of this planet, with current AI lacking essential security. We urge every reader to learn more about this initiative, as this might be one of the most impactful ways to move towards a safer future rather than remaining idle. We hope NEM Ventures will help us accelerate towards that mission.”
The upcoming tech release by NEM Ventures, Symbol, is a fully-featured solution that will support enterprises with its plugin engine that allows effortless interoperability and configuration. The NEM news also show that the venture will focus on investing and developing high-growth emerging technology projects from an early-stage. In that manner, the venture arm will provide capital support and expertise which will grow the next generation of startups utilizing the NEM product suites. The director and co-founder at NEM Ventures, Dave Hodgson, spoke about the new initiative and said:
“DAIA is an impressive alliance of projects which share NEM Venture’s commitment to a vision of the AI and Blockchain space as an open, fair and decentralized system of technology. DAIA is supported by thought leaders in the space, including CEO and Co-founder of TODA, Toufi Saliba, and CEO and Co-founder of SingularityNET, Ben Goertzel. NEM is proud to develop a shared strategy with such global organizations in the sector to make this vision a reality.”
As the NEM cryptocurrency news show, the expertise of NEM Ventures in blockchain will contribute to DAIA's ongoing projects and will provide further strategic capabilities among all startups in the space.
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NEM Wakes Up With A 23% Surge Overnight: Analysis

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NEM wakes up
NEM wakes up with a 23 percent increase in what it seems to be an overnight surge, after being down by 97 percent since the market peak of January 2018. In our NEM news today, we read what the NEM smart assets system is up to. NEM is now up by 71 percent since December but this cannot be yet considered as the start of an alt season. The 29th ranked crypto by market cap, NEM wakes up and got one-quarter of its value back into the day’s morning. The altcoin had previously lost 97 percent of its value in the two-year decline that goes back to January 2018 and this past month, the XEM cryptocurrency dropped to its lowest value in over 2.5 years. Over the weekend, however, NEM mounted a resurgence that managed to bring back 23.8 percent of its value. That saw the coin price increase from $0.041038 up to $0.0500845 with a peak arriving at 6 AM. That leaves NEM up by 31 percent for the week and up by 64 percent for the month. The quiet recovery attracted a little attention but the coin’s price is now up by 71 percent since its December low. With no clear catalyst for the increase in price, some of the analysts believe that one of the reasons for NEM’s sudden surge is the beginning of the new alt season that is supported by the decent price movements of other major altcoins. Coins such as Bitcoin Cash, Zcash and others, have more than doubled since the end of 2019. In crypto, it may only take a month to double the investments but knowing when to enter and which coin to back is not a simple task. While other major altcoins went after bitcoin’s lead after the December low, their rewards were not distributed equally. Ethereum and XRP increased by 30 percent in value since December and the best performer in the market cap over the past 30 days was Bitcoin SV with a 413% increase. Bitcoin Gold also did well with an obvious pump-and-dump coin which surged to the 292% and there’s not a clear answer to how that happened. The only certain point is that the market has been climbing upwards for the past few weeks so we are yet to see a full-blown alt-season.
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NEM (XEM) Surges By 55% Becomes The Biggest Gainer Of The Week

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NEM (XEM) is sweeping the crypto market during the Bull Run when all other cryptocurrencies were taking a break. Bitcoin, on the other hand, was decreasing from its previous position but NEM defied the mini-correction mood and gained about 55 percent since the beginning of the week according to the latest altcoin news. The data from the market analysis shows that its token XEM is the best performer during the week and it is among the top 100 altcoins. On Thursday, the altcoin increased about 50 percent in less than six hours and reached a daily high of $0.108 which is the highest level since 2018 in November. The surge helped the altcoin to reach the top 20 cryptocurrencies and is now on the 19th position. NEM (XEM) is now trading at $0.087 with a market cap of $791 million. The industry might be packed full with partnerships that aim to revolve around marketing but at this time the news about the fintech Zeux that operates a digital payment wallet app and the integration of the XEM token is also a reason for the price surge. The NEM Foundation and the co-founder Jeff McDonald noted about the partnership that the utilization of the XEM token as a payment option means a lot for the blockchain network. The XEM price also benefits from the launch of the 2.0 version of the blockchain engine called Catapult which suggests a positive dynamic at the Foundation. NEM is aiming to adopt the blockchain engine update so the new version will host smart contract plugins and features that will likely become an integral part of the blockchain network. At the end of March, the team developed the roadmap for Catapult which shows that the update will take place at the end of Q3. As reported in the best cryptocurrency news sites, the bullish movement for the NEM (XEM) will find support in the crypto community. It is still challenging to estimate what the next stop for XEM will be but we can assume that everything will depend on the Catapult implementation. NEM also introduced a catapult feature updates on mosaics and namespaces which will make the blockchain network more intuitive.
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