Category Archives: Crypto Currency

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/

Bitcoin to Get Severely Forked in 2018

The fear and build up towards Aug. 1, 2017, and the creation of Bitcoin Cash which forked off the original chain was monumental. However, it was a damp squib for the future of Bitcoin as it actually spiked in value.

Since then, forks on Bitcoin have become almost as common as ICOs, and in fact, forks on the Bitcoin chain look to be the latest trend for 2018 as new companies look to cash in on the familiar Bitcoin name.

Reference: https://cointelegraph.com/news/bitcoin-to-get-severely-forked-in-2018

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

Kodak Postpones ICO

The Eastman Kodak Company announced Jan. 30 that the launch of their cryptocurrency KODAKCoin would be delayed in order to evaluate the status of potential investors. The delay was announced the day before the Initial Coin Offering (ICO) was set to start, according to the project’s Jan. 9 press release.

As explained in on the company’s website, Kodak intends to run an ICO that offers security tokens as an ‘exempt offering’ — this means the company does not have to register their security with the US Securities and Exchange Commission (SEC), but only “accredited investors” can participate in the ICO.

Reference: https://cointelegraph.com/news/kodak-postpones-ico-to-verify-accredited-status-of-40k-potential-investors