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What is a sleeping Giant? : #OKcash $ok

What is a sleeping Giant? : #OKcash $ok

Market Watch, News, Our Picks
What Is a "Sleeping Giant?" : #OKcash $ok In crypto, the term "sleeping giant" has been used to describe coins that have large potential but minimal current cap.  The cause for such potential is almost purely speculation.  However, a trained eye can discern when a market has entered a "sleeping giant" phase, and set up proper trade opportunities. One must analyze both the Fundamental Analysis (FA; Characteristics of a coin/project that add value) and Technical Analysis (TA; market conditions for a coin) Technical Analysis: We can see that OKcash had many volume and price spikes over the past 2 years.  OKcash was an early indicator of alt season, having multiple price spikes during bitcoin's early rise, then showed resilience against the rising BTC but still entered a long ter
Tron Has Just Beaten Ethereum In Daily Trading Volumes – Is TRX About To Go Bullish?

Tron Has Just Beaten Ethereum In Daily Trading Volumes – Is TRX About To Go Bullish?

Market Watch
Justin Sun is tweeting again, and this time around, he’s almost bragging about something that could potentially upset the TRX market in a really nice way. Anyone who has been following Justin’s tweets knows about the recent events happening around Tron’s TRONbet. Justin even tweeted and broke the news that over 70 million TRX had been won by users on TRONbet. However, it’s his latest tweets that have people taking even more serious notice. In a tweet, Justin said that Tron was now ahead of Ethereum in terms of daily transactions, something that’s actually true. Despite TRX being the world’s number 11 cryptocurrency, the company, Tron, has been burning the midnight oil trying to make things better and smoother for the token. A few weeks ago, the Tron Virtual Machine (TVM) went
Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation

Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation

Market Watch
The loss of its U.S. dollar peg isn’t the only thing driving down the market cap of tether (USDT), the cryptocurrency market’s largest “stablecoin.” Tether Falls Below Dollar Parity The USD-backed token, which as recently as late August had a circulating valuation of nearly $2.9 billion, is now worth just $2.2 billion, representing a two-month decline of nearly 25 percent. A portion of that decline is a direct result of USDT’s price falling below the $1.00 in assets that are supposedly backing each token. As CCN reported, the USDT/USD peg slipped away heading into Monday morning, throwing uncertainty into a market that relies on billions of dollars worth of tether trading on a daily basis on exchanges that do not support physical USD. According to CoinMarketCap, tether’s global
GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

Market Watch
Japanese IT giant, GMO Internet has made its entry into the stablecoin space, with plans to launch a yen-pegged cryptocurrency in 2019. In an announcement on October 9, 2018, the company said that it would begin full-scale preparation to issue the stablecoin – GMO Japanese Yen (GJY) –  as it prepares for a move into the blockchain remittance and settlement business. Big Promises by GMO Japanese Yen According to GMO Internet, GJY will be issued to Asian markets in the fiscal year of 2019 via Z.com, a cryptocurrency exchange subsidiary it launched as part of its more significant efforts to move into the cryptocurrency business. The price stability offered by a stablecoin would help GMO support cross-border cryptocurrency transactions as it looks to expand its scope of operation. It
Reasons Why Bitcoin Crashed Today

Reasons Why Bitcoin Crashed Today

Market Watch
It only takes a few minutes for Bitcoin to lose $200 and that’s exactly was happened today. Not only has Bitcoin crashed earlier today but it took the whole market down with it including Ethereum, XRP, Monero, Stellar and so on. After weeks of motionless prices, Bitcoin started a downward drop and sank below the $6,300 mark despite all the signs pointing to the opposite thing and that the bulls were getting ready to go head first to the market. Nevertheless, here are a few reasons why we think Bitcoin crashed earlier today. Miners The Bitcoin mining economy is in a little bit of a crisis. During the first half of this year, competition and farm building spiked. This means it could be possible for miners to attempt selling Bitcoin to recoup costs. Over the past week, the
Ignition Coin (IC) Entering Phase II of Inflation

Ignition Coin (IC) Entering Phase II of Inflation

Market Watch, News, Our Picks
Ignition Coin From the Ignition Coin whitepaper: "The Ignition Network and its common network token, ignition coin, is an open-source, peer-to-peer commodity, designed and engineered using the best ideas for value storage from many different cryptocurrencies, including Bitcoin. The Ignition Network seeks to create a cryptocurrency whose primary function is as a secure store of value, like bitcoin, without any of the current limitations that we believe will one day inhibit Bitcoin’s potential growth. The Ignition Network is designed by ‘rethinking the cryptocurrency wheel’ by critically re-thinking what a cryptocurrency was designed to do. What this means is that Ignition Coin’s primary focus is not as a being a currency, although it can easily act as one (with low fees
Top Altcoins for Q4, 2018: Crypto Market Overview and Analysis

Top Altcoins for Q4, 2018: Crypto Market Overview and Analysis

Market Watch
       Nothing in this article is to be construed as investment advice. Neither the author nor the publication             assumes any responsibility or liability for any investments, profits, or losses incurred as a result of this information. There certainly seems to be an air of excitement and anticipation building in the crypto market at the moment, as Bitcoin becomes considerably less volatile and overall sentiment appears to be improving. Right now we’re seeing bullish predictions and remarks from market analysts, crypto influencers and industry leaders flood the news headlines, as the crypto space starts to get hopeful for another end-of-year rally akin to last year’s November surge. Among the top 35 cryptocurrencies per market capital there is a definite trend emerg
Cryptocurrency Exchange Poloniex to Yank Margin Trading, Lending for U.S. Customers

Cryptocurrency Exchange Poloniex to Yank Margin Trading, Lending for U.S. Customers

Market Watch
Poloniex,the exchange Circle has been working to revive since acquiring it in February, announced in a blog that it will eliminate its margin and lending products for U.S. customers by year’s end and delist three altcoins. The company noted it is removing the margin and lending products in the U.S. to ensure the exchange complies with regulatory requirements, although it did not specify what requirements. As of Oct. 10 at 12:00 ET, the exchange will delist GNO (Gnosis), AMP (Synereo) and EXP (Expanse). Customers will be able to close out all trades and withdraw balances for these assets up until Nov. 9 at 12:00 ET. Market caps on Oct. 4 were $23,992,956 for Gnosis, $,137,016 for Synereo and $3,125,636 for Expanse, according to coinmarketcap.com. Customers Urged To Withdraw Funds A
Coinbase Partnership with Tiger Global Pushes the Company’s Value to $8 Billion

Coinbase Partnership with Tiger Global Pushes the Company’s Value to $8 Billion

Market Watch
Leading cryptocurrency exchange Coinbase is in the final stages of a deal with Tiger Global, which could usher the company’s value to nearly $8 billion. If finalized, the partnership with Tiger Global will make Coinbase one of the highest-valued startups in the US. According to Recode, Coinbase is in the final stages of closing an investment deal from Tiger Global worth $500 million. Coinbase is expected to put half of these funds into private holdings while using and unspecified amount of the remaining $250 million to buy out existing investors. Despite downturns in the cryptocurrency market over the last year, Coinbase has continued to prosper. The exchange was valued last summer at $1.5 billion. While the company’s core business has suffered, Coinbase has taken several key ste
Bitcoin Bull Run At Year End To Reach $10k+, XRP and LTC to Enter the Bearish trend: Finder Experts Predicts

Bitcoin Bull Run At Year End To Reach $10k+, XRP and LTC to Enter the Bearish trend: Finder Experts Predicts

Market Watch
An October forecast provided by nine panelists from personal finance comparison site, finder.com, has revealed that the return of the bulls is no longer far away. In fact, the forecast expects top cryptocurrency Bitcoin to accumulate around 16% gains in October. If this eventually happens, then the coin will rise to about $10,319 with Press time slight hovering above $6500. The press release by finder.com confirms that some of the panelists gave bullish predictions about the coin and even see a $20,000 price as attainable. On the other hand, a sizeable number of the panelists believe that the lowest point that Bitcoin can test this year is $5200. Monero (XMR) and Ethereum (ETH) is predicted to see massive gains from now till Nov 1 even though both coins have underperformed in