Cardano (ADA) & Ethereum (ETH) Soar

Cardano (ADA) & Ethereum (ETH) – The cryptocurrency market is continuing to climb today and is currently sitting just over $430 billion. Today, we’re taking a look at two cryptocurrencies that are soaring on the market today. Source: CoinMarketCap Despite a few regulations being implemented in Iran and the SEC planning further crypto crackdown; panic selling seems to have subsided – finally. Cardano (ADA) Source: CoinMarketCap Cardano is making a major price run-up today, as most coins are surging on the market. It remains unclear as to why specifically ADA is rallying, but it very well may be that it’s riding off the other coins runups. At press time, ADA is trading at $0.317 a coin, up 10.76%, in 24 hours time. For the week, ADA is up 25.2% and for the month, Cardano is up 60.9%. The team behind Cardano is steady at work, as the full product is years from completion. Charles Hoskinson Cardano’s founder just tweeted a screenshot of their current progress. Software Development Process and Methodology day! pic.twitter.com/AOmv6s7WQw — Charles Hoskinson (@IOHK_Charles) April 24, 2018 While projects are always upgrading and improving, these new third-generation blockchain projects are lofty and will take some time to develop. …

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Angellist: Number of New Crypto Job Listings Doubled in the Last Three Months

Economics Angellist, a popular website that allows startups to raise money from angel investors, has revealed data about new crypto job listings on its platform. The company details the hiring needs of companies in the crypto space and what jobs are in demand. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Crypto Job Listings Doubled Angellist revealed its new crypto job listing statistics last week. Citing that even though the price of bitcoin has dropped 60% since December of last year, the company wrote: In the last 3 months, the number of new crypto job listings has doubled. Angellist is a U.S. website created in 2010 for startups, angel investors, and job-seekers looking to work at startups. In July 2013, the company partnered with Crunchbase, an online tech company database owned by Techcrunch. Since 2015, the site has allowed startups to raise money from angel investors. What’s Behind Crypto Hiring Boom Angellist explained the driving forces behind the crypto job boom. Firstly, “the price run-up of bitcoin and ethereum in 2017 is attracting more people into the space for the first time, and the level of interest from the investor community is …

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Cryptocurrency Worth | Market Surpasses $420 Billion as Altcoins Shine

What is the total market of Cryptocurrency worth right now? It may surprise some to hear that the market cap has exceeded the $420 billion level for the first time in seven weeks: the emerging coin market has increased at a robust pace over the previous two weeks driven by prompt growth in altcoin prices. The traders are attributing the bull-run to the end of tax season and increasing confidence in cryptocurrency markets. Bitcoin price rose almost 50% since the start of this month; expanding its market capitalization from $111 billion to $156 billion at present. Altcoins, however, are outperforming bitcoin during the current bull-run. Source Image: coinmarketcap.com Ripple (XRP), Ethereum (ETH) and Bitcoin Cash (BCH) have posted substantial gains in the last two weeks. The increase is mostly due to strengthening Asian trader’s confidence in cryptocurrency markets.   Cryptocurrency Worth: Bitcoin Cash, EOS and IOTA are Leading Gainers Source Image: coinmarketcap.com Bitcoin Cash is the leading gainer among the top ten cryptocurrency coins.  EOS (EOS) and IOTA (MIOTA) are the second and third largest gainers, while Stellar (XLM) stands not far behind these top-performing coins. Bitcoin Cash price appreciated in value a staggering 98% in the last week alone. BCH gets …

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Nchain Launches Nakasendo SDK for Bitcoin Cash Development

Technology Earlier this week the blockchain technologies research and development firm Nchain released its 1.0 version of Nakasendo a software development kit (SDK) specifically designed to bolster the Bitcoin (BCH) network. Nchain details that the Nakasendo SDK is available for software programmers focusing their energy and resources towards bitcoin cash application and platform development. Also read: This Week in Bitcoin: Taxes, Forks, Pranks and Porn A More Flexible Method of Key Generation and Sharing The London-based Nchain has released an SDK this week for software developers looking to innovate using the BCH blockchain. The SDK is called ‘Nakasendo,’ which is a Japanese name of an ancient trail connecting Edo to Kyoto. In Japanese, the translation means “road through the middle mountains” or “central mountain route” according to Nchain. At the moment, the 1.0 version of Nakasendo is only available to a select group of developers and teams that have been chosen in an initial testing pool. Nchain says that the Nakasendo SDK will be made more available at a later date. Nchain reveals that the Nakasendo SDK will help Nchain port software libraries that will assist programmers in designing bitcoin cash applications. The SDK designed by Nchain …

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Litecoin Recovers | LitePay was Hit Hard but Litecoin Moves Forward

Litecoin has been a crypto that has managed to overcome adversity. Created as a faster and cheaper alternative to bitcoin, this “old” cryptocurrency has had a very active journey during its existence, becoming one of the five most important cryptos in the ecosystem. The main face behind this blockchain is Charlie Lee, a developer highly committed to his project, active in social networks and willing to face the users when it has been necessary. However, he has also managed to coordinate the best decisions to make Litecoin a currency by itself, surpassing its original image of “a cheaper bitcoin.” In its eagerness to spread the use of Litecoin in everyday activities, the LitePay project sought to offer people the possibility of making various purchases and payments in Litecoin, allowing the platform to exchange them directly into FIAT. In this way, users would not have to continually be passing their funds to an Exchange or through P2P markets but would simply use a specially designed credit card for this purpose. The project kept the community expectant until the last moments. However, skepticism and suspicions began to emerge after its CEO conducted an AMA on Reddit, receiving a wave of negative criticism …

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Bitcoin Price | Bitcoin Reaches its One-Month High

The Bitcoin price (BTC) bull-run is continuing this week after soaring 34% in the last two weeks. Bulls have been successfully optimizing trader’s sentiments, and they have several reasons to support their bullish thesis. They say the market has digested the bearish trend that was supported by concerns over the regulatory requirement, taxation, and bans from countries and advertising platforms. BTC price almost hit the $9000 mark during the weekend – the highest level in the last month.  A large number of buy orders for the largest coin is supporting the bull-run. Its market cap also surpassed $150 billion for the first time since March 24. Bulls Envisage a Sustainable Rally Analysts, retail investors and institutional tycoons are foreseeing the sustainable bull-run in cryptocurrency markets; they believe regulations, exchange hacks, and SEC crackdowns all contributed to streamlining the emerging digital currencies. The considerable growth in buy orders over the last week indicates trader’s enthusiasm in digital currencies and their future fundamentals. Bitcoin buy orders jumped above 90% during the previous week, and orders are standing around 88% at present. “Bitcoin deflationary characteristics are an indication that in the long run, the market is bullish,” Rodrigo Marques, CEO of cryptocurrency investment platform …

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Half of the ICO Money in Russia Went to Pyramids

Economy & Regulation Russian ICOs attracted a total of $300 million last year but half of the funds went to financial pyramids, according to the Russian Association of Cryptocurrencies and Blockchain. The organization that represents the crypto community in the country is now working on an ICO standard to help investors distinguish real projects from fraudulent schemes. Russian ICOs account for 10% of global volume. Also read: Russia’s Supreme Court Overturns Decision to Block Bitcoin Website Russia Expects Up To $1.5 Billion from Coin Offerings At least $150 million dollars raised by Russian ICOs in 2017 were collected by pyramids, RACIB revealed, while announcing a plan to fight financial fraud in token sales. The initial coin offerings with Russian participation account for 10% of the global market, as news.Bitcoin.com previously reported. The association expects Russian projects to attract $1-1.5 billion USD in 2018. This is some serious money and the Russian crypto community believes the country should take advantage of it. Two major factors can influence negatively these investments and RACIB is actively working on both fronts. Excessive regulation may force Russian companies to seek jurisdictions with a more favorable climate for crypto business. The association already …

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Tim Draper Talks Bitcoin | Will it be Bigger than the Internet?

The cryptocurrency sector is a fundamental part of our world. Some people love it, others hate it, but that doesn’t stop the crypto wheels from turning. Now, it seems like every week someone new joins the conversation and expresses their own opinion on the crypto space. The latest to do so is Tim Draper, a venture capitalist.  Tim Draper Talks Bitcoin On Saturday, at the Intelligence Squared U.S. debate, Tim Draper declared a very bold statement. He said Bitcoin will be bigger than Tesla (NASDAQ:TSLA), Skype, and Hotmail combined. Draper, who made early investments in the companies mentioned above, also said that Bitcoin is bigger than the worldwide web. In addition, the 59-year old venture capital investor said BTC is bigger than the Iron Age, the Industrial Revolution.  Is he right though? I will admit that it is quite the statement. Plus, it’s not like Bitcoin is a guarantee. The virtual currency is quite volatile. That being said, Draper certainly has experience in the financial world, so his reasoning probably comes from a logical place. The internet investor reiterated his statement Saturday that BTC will hit the $250,000 mark within the next four years. It sounds crazy, but Tim Draper isn’t …

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Shift Card | BTC, ETH & LTC, Accepted at 38 Million Merchants Worldwide

Thirteen hours ago Litecoin’s founder, Charlie Lee, reintroduced a partnership to his nearly 800K followers via his personal twitter. Coinbase, the US’s largest cryptocurrency exchange, signed a partnership deal with Shift Card back in late 2015. Shift Card works with over 38 million global merchants, which allows Coinbase users able to spend their Bitcoin(BTC), Ethereum(ETH), and Litecoin(LTC) virtually anywhere. FYI: Coinbase’s Shift Visa debit card can be linked to any wallet in your Coinbase account. So in addition to BTC, it can be set up to deduct from your LTC (or ETH/BCH) wallet. #PayWithLitecoin https://t.co/BkdDg2XpX2 — Charlie Lee [LTC] (@SatoshiLite) April 23, 2018 Lee then answered a few questions that his followers had saying: Only put coins there that you are going to spend. Think of it as your checking account. Keep the rest safely stored elsewhere. — Charlie Lee [LTC] (@SatoshiLite) April 23, 2018 There have been both positive and negative feedback on spending cryptocurrency for smaller daily payments. Wayne Willette responded positively to the post by saying: This is awesome. I actually already have a Shift debit card from a Dwolla account I have. I just opened my app and linked my Coinbase account and attached my LTC …

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Bitcoin Cash Expands Gains | EOS and Populous Bigger Gainers Still

Bitcoin Cash (BCH) outperformed the rest of the top ten cryptocurrencies in regards to price appreciation last week: demand for Bitcoin Cash has been increasing at a robust pace supported by trader’s optimism in the infrastructural improvement in virtual currency markets. BCH price rose 70% last week, and the coin is extending its incredible bull-run into this week. Bitcoin Cash is up 20% today to $1430 – the highest level in the last two months. The announcement related to a hard fork – a platform that will exclusively pair it with fiat and other cryptocurrencies for trading, substantially supported the dramatic Bitcoin Cash price upswing. The potential launch of the hard fork is expected on May 15 and will significantly enhance its capability for processing transactions. The block size will increase to 32MB after the upcoming infrastructural developments. Brian Kelly, founder and CEO of BKCM, shows strong confidence in future fundamentals of altcoins. He suggested investors look at altcoins, particularly Bitcoin Cash for potential gains. “Bitcoin cash has been left for dead... but it’s not dead yet,” Kelly told CNBC on Fast Money on Tuesday, EOS and Populous are the Biggest Gainers Though Bitcoin Cash outperformed the rest of top ten digital currencies last …

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