Category Archives: Blockchain

Cryptocurrency trading bots

Cryptocurrency trading bots are a set of software or algorithms that trade on financial markets on behalf of the client. They automate the process hence making work much easier for traders although they are not entirely perfect.

The automated method is a long-established and legitimate activity today. Although most have been developing for Bitcoin, there are many others for altcoins.

There are different types available for both beginners and novice users but the user needs to come up with a decision about the bot method applied and a trading strategy.

Reference: https://coinpedia.org/information/cryptocurrency-trading-bots/

Zcash To Hit Over $62K By 2025

According to a new investment thesis released by Grayscale Investments, the value of Zcash (ZEC) could reach over $62,000 by 2025, assuming that the coin will represent 10 percent of all offshore wealth by that point.

Zcash is an anonymity-focused digital currency that uses zero-knowledge proofs to verify the validity of a transaction without revealing its contents, giving it appeal as a “Swiss bank account in [your] pocket.”, as Grayscale phrases it.

Grayscale Investment specifically manages investments in digital assets, overseeing both Bitcoin (BTC) and Ethereum Classic (ETC) funds, the latter added to their portfolio in April 2017.

Reference: https://cointelegraph.com/news/crypto-fund-predicts-zcash-to-hit-over-62k-by-2025

Government Issued Cryptos to Challenge Bitcoin

Calls for cryptocurrency regulation were a resounding theme at the World Economic Forum in Davos last week.The world’s most prominent financial institutions remain wary of going all in on cryptocurrencies, amid fears of future regulation leading the market to tank.

Governments around the world have signaled their ongoing or imminent intent to legislate and regulate cryptocurrencies around the world, and it seems the largest banking and financial firms are waiting for more clarity before they forge ahead with plans to enter the market.

Reference: https://cointelegraph.com/news/regulated-government-issued-cryptos-to-challenge-bitcoin-in-2018

Why is Bitcoin Worth What it is?

According to Catalini, it is because of the hype and excitement around the cryptomarket through the end of last year, a correction was bound to happen. He concluded. “The space was ripe for a correction after the craziness of the end of 2017.”

Bitcoin continues to slide, now into February, and it seems to be borne on the back of a lot of negative press – some real, and some less than convincing. As several countries, notably China and South Korea, target a crackdown, Neil Wilson, analyst for ETX Capital, said: “Explaining moves in Bitcoin is always tricky but this plunge … may well be a result of recent signs that regulatory pressures are building.”

The Korean crackdown was a paper tiger and debunked by the countries highest authority, but bad news leaves its mark on such a speculative market. Regardless, today’s price proves that negative press has a big role to play in the way the market moves. And the flipside of that is so does positive news.

Reference: https://cointelegraph.com/news/finding-a-price-why-is-bitcoin-worth-what-it-is

Cryptocurrency Watch : GameCredits

GameCredits (GAME)

At GameCredits Inc., we are first and foremost gamers. Gaming is what got us into computers early on. It gave birth to a passion for programming that—decades later—led us into the exciting world of blockchain and digital currencies. It is our belief that this industry can be vastly improved and made better for all—publishers, game developers, casual gamers, e-sport professionals—through the use of cryptocurrency.

Current Price: $2.82 USD
Website: http://gamecredits.com/
Type: Coin
Market Cap: $181,644,268 USD
Circulating Supply: 64,355,352 GAME
Total Supply: 64,355,352 GAME