Viva Network to Launch Disruptive Mortgage Financing Technology

HomePress ReleaseViva Network to Launch Disruptive Mortgage Financing Technology Hamilton, Bermuda, April 2018–Viva Network Holdings Limited (“Viva Network” or “Viva”), a Bermuda-based fintech startup, has today announced its plan to launch a comprehensive borderless mortgage products platform.  The centerpiece of the platform is Viva’s smart-contract enabled Fractionalized Mortgage Shares (“FMS”) innovation, which allows for fixed-income investors around the world to crowdfund mortgages across international borders.  This technology has the capability to massively disrupt and improve upon the long-standing, “traditional” mortgage industry, offering a decentralized evolution of the current mortgage-backed security on a global scale. Viva’s goal is to free millions of borrowers located in regions with high-interest rates from their reliance on inefficient local financial systems.  The crowdlending transactions are conducted utilizing the newly released “VIVA” token, a blockchain-powered transfer vehicle, while the ultimate delivery of loans and mortgage repayments will be made in fiat (traditional) currency.  Neither the borrower nor the lender will require any knowledge of blockchain technology; they will need only use Viva Networks intuitive web platform. Importantly, neither party will be exposed to cryptocurrency fluctuation risk. Viva’s technology will equally benefit those on the other side of the mortgage equation: the lenders.  For the first time, …

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Never Miss Any Critical Bitcoin Related News Again With This Easy Guide

News A number of social media networks, forums and platforms have been cracking down on bitcoin-related news stories recently. This desire to protect users against cryptocurrency scams is also hurting legitimate voices. So join the hundreds of thousands of dedicated news.Bitcoin.com followers – using a variety of tools – to make sure no monopoly can ever limit access to this vital information. Also Read: Reddit Removes Bitcoin Payment Option, Censors Darknet Forum Telegram Telegram is a relatively new messaging service, but a tool you are probably already familiar with if you are active in the cryptocurrency community as it is very popular with trader groups and ICO projects. Our official channel is followed by almost 80,000 people. If you have the Telegram app installed on your phone just click on ‘view channel’ and if you want to view it inside your browser just select ‘open in web’. If you don’t have an account with Telegram yet, click on ‘Try it now!’ at the top to get one and then return to the channel. Once you can see the channel just hit the ‘Join’ button so you will be notified whenever a new story is published. Unlike other …

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Coin Losses & Gains | Which Coin Lost the Most Since 2018 Started?

Ripple (XRP), Cardano (ADA), and NEM (XEM): one of these coins has dropped the most since 2018 started. Which coin do you think it is? The crypto market has been all over the place since 2018 started. Some coins have risen. Some coins have plummeted. The industry itself has been put through the grindstone. Crypto ads are being banned left, right, and center by many major companies. Are we getting regulations or aren’t we? There are a lot of questions floating around about the future of crypto. While we can’t answer where crypto will go, we can answer where it’s been. I was curious to see what coin had dropped the most since 2018 began, so I started doing some calculations. I looked only at the coins that are currently listed as the top 20 cryptocurrencies, using the token’s selling price at the time of writing compared to its price listed from the beginning of the year. This means that there may be other coins outside of the current top 20 that lost more. All data was taken from CoinMarketCap. Let’s dig in! Which coin lost the most, and why? >> Stellar, Monero, EOS: What’s Happening? The Loser Ripple, Cardano, and …

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Bitcoin Price Crash | Death Cross Concerns Are Still Lingering

Bitcoin Price Crash: Bears have been holding onto crypto markets over the last couple of weeks, with negative reports and increasing regulatory concerns. The selloff intensified in the previous two days when technical factors also started showing bearish trends for Bitcoin price and its future fundamentals. BTC price crashed at a double-digit rate to a 50-day low on Thursday, and the coin extended the decline into Friday trading. Bitcoin price is down more than 40% since hitting $11,700 early in March. Bitcoin price traded around $6,700 in early trade before paring some losses. The market capitalization of largest coin fumbled to $114 billion. The Death Cross Trend Impacts Sentiments Technical factors on the price charts impacted Trader’s sentiments. Its 50-day moving average cut the 200-day moving average from the top, creating a long bearish trend for the price. Technical analysts predict a huge crash in bitcoin price after its 50-day MA collides with 200-day MA from above. Analysts say, “when you couple Death Cross trend with the fact that bitcoin has been trending steadily lower since the launch of futures, I think that it is a major negative.” Bulls, on the other hand, still of the opinion that cryptocurrency markets …

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Ethereum Developers Advocate Anti-ASIC Fork and Hard Cap on Supply

Altcoins Ethereum’s Github has recently seen several significant proposals made for development. On April 1st, Ethereum co-founder, Vitalik Buterin, proposed the introduction of a hard fork on the supply of ETH tokens at approximately 120 million. Several days prior, developer Piper Merriam advocated that Ethereum conduct a hard fork in order to “demonstrate a willingness” to resist “ASIC-based Ethereum mining.” Also Read: Trezor to Implement Bitcoin Cash Addresses Vitalik Buterin Proposes Hard Cap on ETH Supply Ethereum’s co-founder has published an Ethereum Improvement Proposal (EIP) suggesting the introduction of a hard cap on the total supply of ETH at 120,204,432 – “exactly [twice] the amount of ETH sold in the original sale.” Vitalik states that the proposal has been made “in light of the fact that issuing new coins to proof of work miners is no longer an effective way of promoting an egalitarian coin distribution or any other significant policy goal.” Mr. Buterin also argues that a hard cap on supply will “ensure the economic sustainability of the platform under the widest possible variety of circumstances.” In order to implement the proposal, Vitalik states that “During the next hard fork that alters reward distributions (likely phase 1 …

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South Korea | Will Announce Crypto Tax Policies in July

With the culmination of the G20 summit, the fears of many alarmists and Bearish traders subsided. For the crypto ecosystem, the summit ended satisfactorily. No negative announcements were made, in fact, the demonstrations of support drove a bullish trend in Bitcoin prices. The lack of an official statement determining a policy was mainly due to the necessity of achieving a global consensus on this issue since several countries had different considerations, making it necessary to discuss the issue in depth. For that reason, the possible application of standard global regulation on virtual money was delayed to July. According to Argentina Central Bank chairman Federico Sturzenegger, the G20 considers this as a subject of particular importance: “In July we have to offer very concrete, very specific recommendations on not ‘what do we regulate?’ but ‘what is the data we need?’ “ Korea to take the lead. Of all the countries that participated in the G20 summit, South Korea was the first to announce its individual adherence to the agreement, and without having to wait for the G20 decision, they said that by July they would have developed a regulatory framework for cryptocurrencies to be effective nationwide. According to the Korean news portal …

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Ethereum Price Watch | ETH/USD Recovers Short Term

Key Highlights: Ethereum price recovered from its weekly low of $375, now stabilizing at around $385 A major resistance point has been set at $395 Although ETH/USD is on a downward trend, a bullish reversal could still materialize Ethereum Recovers From Weekly Low On Monday morning, Ethereum recovered from its weekly low of 375, and it is now trading at around the $385 price region. A major resistance level was established earlier today at $395, while the current support level is $380. At the moment, ETH/USD is on a downward trend, but the coin is trading much below its 20-day moving average, so the decline may not last long. The candlestick patterns show that a bullish reversal is still likely to happen. Source: Tradingview The technicals also confirm that ETH is heading toward a bullish run. Both an MACD line crossover and an uptrending RSI mean that Ethereum price is in a bullish zone. An RSI score of near 40 also shows that Ethereum was oversold. Looking at the Technical Indicators: Hourly MACD & RSI — ETH is in a bullish zone Major Resistance Level — $395 Major Support Level — $380 Featured Image: twitter If You Liked This Article …

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Bitcoin News Summary – Apr 2, 2018

Here’s what happened this week in Bitcoin in 99 seconds.     The cryptocurrency market as a whole has been seeing major drops in price this week as a lot of investors are affected by continued regulation and bad press and are fleeing the market. The Russian Ministry of Finance proposed to criminalize ‘money surrogates’ in what has been dubbed the ‘Money Surrogate Bill’. Penalties are outlined for using a medium posing as a currency to purchase goods or services in Russia. The bill states that a cryptocurrency which acts as a private money is a money surrogate. This is the first significant push by a large government to ‘outlaw’ cryptocurrency. The email marketing platform MailChimp has joined social media giants Twitter, Facebook, and Google in banning cryptocurrency advertising, citing the need to prevent “scams, fraud, phishing, and potentially misleading business practices”. Messaging app provider Telegram has successfully raised another $850 million through its initial coin offering (ICO) private sale. The company has now exceeded its initial target of $1.2 billion and has accumulated a total of $1.7 billion. The funds will be used to develop the Telegram Open Network (TON), a blockchain meant to decentralize digital communication. South Korean …

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Crypto Madness | Omnitude ICO vs. Bethereum ICO

Welcome to Day 13 of Crypto Madness – Semi-Finals Round 1! We at cryptocurrencynews.com, CCN, are pleased to bring the fans the ICO showdown. Today’s competitors: Omnitude ICO vs. Bethereum ICO Omnitude beat out Viola.AI and Bethereum beat TrustedHealth to reach the first round of the Semi-Finals. Check out Day 12 of Crypto Madness The Rules Each match-up winner will not be based on the project’s specific concept, whitepaper, or team. Instead, in the ultimate test, the winner will be decided by popular vote. That means it’s up to you, the fans, to push your favorite ICO to the finals. Polls will be posted on our website’s Twitter page – @cryptonewsmag. Each poll will be open for 24 hours, starting at 9 AM PDT. Votes will be tallied after each poll closes and the winner will be announced in the next day’s post. The more exposure the specific Twitter poll receives, the greater the odds of your favorite ICO moving on – hence the power of the retweet. For those unfamiliar with the ICOs in the day’s matchup, we will provide educational content and details of each project. That way, you still partake in the day’s poll, while learning about new and upcoming coins in the cryptocurrency market. The competition …

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Capitalization of Cryptocurrency Markets Loses 59% in Q1 2018

Markets and Prices The first quarter of 2018 dealt heavy losses to the cryptocurrency markets, with Coinmarketcap data indicating that the capitalization of the combined crypto markets has dropped by 59% since the start of January. Q1 2018 has also been among the bloodiest quarters in recent memory for the bitcoin markets – with BTC suffering an approximately 50% loss in value since the start of 2018. Despite bitcoin’s heavy drop, it has performed better than many leading altcoins – many which have slumped by over 70% since January. Also Read: Eight Ways to Profit in a Crypto Bear Market Q1 Produces Extreme Volatility for Bitcoin Markets According to price action on Bitstamp, BTC opened the quarter trading between $13,000 and $14,000 on the first of January. Over the course of the following week, BTC made quick gains of more than 20% to establish 2018’s price high of roughly $17,500. After the high of $17,500, the BTC markets slumped by approximately 66% in a single month, establishing 2018’s current low of roughly $5,900 on the 6th of February. The price then almost doubled in just two weeks, before failing to break above resistance at just below the $12,000 …

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