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The Secret Of The Altcoin That Gained 300 Percent Value In The Last Two Weeks

Cryptocurrency market has been stable in recent weeks after following a negative trend in 2018.. While Bitcoin’s volatility is at its lowest levels in recent times, not all cryptocurrencies have a stagnant image like Bitcoin.

The most striking crypto money of recent weeks is undoubtedly Nano.. Attracting the attention of many investors with its strong momentum, Nano, or RaiBlocks, with its old name, increased by 300 percent in the last 13 days, rising from the 0.81 dollar band to 3.63 and then stabilizing at 3.41;

Nano has left behind a market volume of 450 million dollars with the momentum it has achieved, and has the highest market volume. It has become a crypto coin.

Factors Triggering Nano’s Success

So what are the features that distinguish Nano from other cryptocurrencies in the past weeks? It’s worth considering multiple improvements here.

The first development that triggered the rise of Nano was Nano’s proof of 765 transfers per second;

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After Nano’s speed show, Nano’s usage areas have expanded greatly with the adoption of Nano in BitcoinStore.. So much so that after this development, Nano became available in 20,000 stores;

In addition, Andy Woolmer, one of the former executives of Citibank and CEO of London-based stock exchange New Change FX, announced that It is also mentioned that joining the team as a consultant had a significant impact on Nano’s entry into the radar of institutional investors. It is also worth remembering that Woolmer is the first consultant of Nano.

Superior Technology + Area of ​​Use + Experience

To sum up, Nano, the shining star of the crypto money market, is mentioned in this article. As we mentioned, it has technological features that make it different and fast.. The success of Nano in the speed test is the first factor that triggers its price.. For this, the best way is to increase the usage areas.. That’s why Nano’s availability on the BitcoinStore paved the way for him.. Just as Bitcoin ETFs will pave the way for Bitcoin…

Finally, the fact that a former Citibank executive will advise Nano’s junior team seems to have increased the appetite of institutional investors in the crypto coin.

The success of Nano in recent weeks is also an important indicator that the trust in the crypto money market still continues.

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Two reasons why EOS appreciated more than 70 percent in 4 days

There is a digital currency that has gained attention by experiencing a rapid rise with positive news this week: EOS.

According to CoinMarketCap data, EOS has risen above $7. The digital currency, which traded at $3.95 on Sunday, increased by approximately 70 percent and also rose to the 6th place among the largest digital currencies by market capitalization.

The joint venture news and EOS are behind this price increase. It can be said that there are rumors that it will be listed on another exchange.

The developer of EOS.io, Block.one, will provide $ 100 million in funding yesterday with the German fintech company FinLab AG to develop projects using the EOS blockchain. EOS will also likely be listed on Upbit, one of the largest cryptocurrency exchanges in South Korea. saw $.

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The claim that Binance will be closed in Japan has confused the market

Japanese news platform Nikkei reported yesterday that the Japanese Financial Services Agency (JFSA) plans to send a notification to the cryptocurrency exchange Binance to cease operations nationwide.

This unexpected development has caused some unrest in the market. and the Bitcoin price, which has been on the rise for a while, has started to decline.

However, Changpeng Zhao, the CEO of Binance, denied the allegations.

Zhao, on his personal Twitter account. In the statement, he stated that Nikkei showed an example of irresponsible journalism and said, “We are in a constructive dialogue with the FSA and have not received any notification. It doesn’t make sense for the FSA to tell a newspaper about the issue before telling us, we have an active dialogue with them going on right now.”

It is stated that Binance faces the threat of closure on the grounds that it operates in the country without government approval. Although Binance was founded in China, it moved its offices to Japan due to the increasingly repressive attitude of the Chinese government. The company also opened an office in Taiwan.

According to CoinMarketCap data, Binance is currently the crypto exchange with the highest trading volume in the world.

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Can Bitcoin Replace Credit Card?

Bitcoin may replace credit cards in the future with the increasing competition in the retail industry and the reduction of transaction fees that reduce the profit margin thanks to digital currencies.

The Bitcoin Guidebook author of Ian DeMartino; “From a seller’s point of view, Bitcoin is highly advantageous over credit card companies as it does not have high transaction fees.. Credit card companies usually charge a fee of 3-4% per transaction, and the merchants pay for it themselves.. For businesses with low margins, this fee can amount to half or even more of their profits for each credit card transaction.”

Crypto.com co-founder and CEO Kris Marszalek agrees: “The banking and payments industry is highly prone to disruption.. Everyday consumers have little commitment or satisfaction to their assigned organizations. Fees are unnecessarily high and the consumer experience is rather poor. The entire credit card industry is focused on exploiting the money of customers who cannot pay their debts due to default interest, penalties and loan interest.. On the contrary, blockchain and cryptocurrencies offer a way to shift the balance of power back to consumers.. Blockchain-backed loans are fairer and more reasonable than credit card debt. And when used as a payment method, cryptocurrencies have many advantages over existing systems.. Digital means sending money globally, almost free of charge by nature.. In addition, travelers can also save up to eight percent on foreign exchange expenses while spending money abroad with cryptocurrency cards.”

“The more Bitcoin becomes stable the more it will be used”

Job.com’s partner and CVO, Arran Stewart, explains how Bitcoin will replace credit cards: Credit cards can be replaced by authenticating a wallet as simple as a fingerprint. We already use a method similar to this in Apple Pay.. This not only enables sellers to get paid for products and services much faster, but is also much safer and more efficient.. The only obstacle to this becoming a reality is the volatility of the crypto market.. This will change over time and as transaction volumes increase.”

This is bad news for companies like Visa and Master Card, which dominate the credit card payment industry, and for banks that make money through these companies.

But good news for Bitcoin investors.. Because it means that as Bitcoin payments become more widespread in daily transactions, its price will increase.

Still, Bitcoiners should not act in a hurry.. Although sellers prefer Bitcoin over credit cards, it seems difficult for buyers to give up on credit cards.. The reason for this is quite clear.. Credit cards provide the pleasure of getting something, delaying the pain we have to pay for it.. We enjoy it now, but we suffer later.

As Jonah Lehrer, author of How We Decide, explains: “Payments made with plastic cards are fundamentally changing the way we spend money, our financial decision-making.. When you pay with cash, you will have a real loss as a result of your purchase, your wallet will be lighter.. In credit cards, you make an intangible payment, so you don’t feel the negative feeling of spending money.”

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Kenya to counter land fraud using Blockchain

Kenya is testing Blockchain technology to provide a more transparent and auditable process against suspicious land movements such as double ownership.

Land fraud is a hot topic in Africa. A common type of corruption is in the ownership of land. Here, the cartel can team up with the authorities to collaborate on the lands that criminal organizations want to acquire illegally. These practices have been challenged by emerging African entrepreneurs.

Here Blockchain technology is used to create tamper-proof digital land records.

Kenya will register plots in transparent registry systems with Blockchain

An example of the implementation of blockchain technology is in Kenya. Blockchain provides a mechanism to store vital data related to contracts and assets. This allows the creation of digital transaction ledgers. The first role of the platform will be to enable the development of State Land Registry systems.

An example from Kenya comes from Peter Tole, founder of Land Layby Group, a real estate company based in Nairobi. The company is experimenting with Blockchain. This works as a private land registry that will allow investors to securely purchase land and properties.

It will use a cryptocurrency called the ‘harambee token’ from the new registry. The digital currency will work without compromise by adding the right inputs to its participants to the Blockchain. The system will also punish those who record incorrectly.

Digital Journal

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4 tips for profitable cryptocurrency investment

As the number of cryptocurrencies grows and more sophisticated tools like futures enter the crypto market, it will become increasingly difficult to make money in this market.. In the cryptocurrency market, buying without any help and waiting for it to rise does not seem like a smart investment strategy.. Developing profitable cryptocurrency investment strategies has now become more complicated.. For example, when valuing stocks, price/earnings ratio etc.. A fundamental analysis can be done using many ratios such as. These are concepts that do not apply to crypto markets. So, is it possible to analyze cryptocurrencies and make money in the highly volatile but lucrative market on the other hand? The answer is yes. Below we have compiled 4 tips for you on how to do this.

Analyzing trading volumes

The first thing you should do before investing in a cryptocurrency is its trading volume. is to analyze. Unless there is some news about a low-volume crypto, as a rule, follow the cryptos with high trading volumes every day.. High volumes indicate the liquidity of a Crypto. And it tells us that this cryptocurrency has an active community.. The problem with low-volume cryptos is that they often don’t have a strong community backing them.. Such cryptocurrencies, on the other hand, can cause losses as they have the potential to be easily removed from the stock market.

Use the Sharpe rate

After examining the daily trading volumes of cryptocurrencies, their historical focus on price movements. The best way to do this is to use a financial ratio known as the Sharpe ratio.. Of course, you do not need to calculate this ratio manually.. You can easily find its automatic calculation when you search on the Internet.. The Sharpe ratio measures an asset’s potential return based on its volatility. Numbers higher than 1 are usually a sign of an asset with high potential returns.. Given that 2017 is the shining year of cryptocurrencies, most of them have a Sharpe ratio higher than 1.. Therefore, you can use this ratio for profitable cryptocurrency investment and identify the cryptos with the highest Sharpe ratio compared to others in the market.

Follow up-to-date cryptocurrency news for profitable cryptocurrency investment

With our advice so far, you should have narrowed your list down to a few cryptos with good potential for profitability.. However, you need to narrow your list further and find the cryptocurrencies that have the potential to rise faster than the rest.. That’s why you should follow the developments related to crypto money closely.. You should take a look at crypto news from different sources to determine which cryptocurrencies will be your focus.. Our site, on the other hand, publishes dozens of content every day about the latest news in the cryptocurrency market.. In this context, you can be informed about the developments quickly by opening your instant notifications to learn about these developments, which may be useful for you.

For example, Zclassic will be forked to create Bitcoin Private and investors with Zclassic will win Bitcoin Private as much as their coins.. This is great news and if Zclassic already meets the other criteria we mentioned above, then this news indicates that the probability of Zclassic gaining in value will be quite high.. Demand for Zclassic will likely grow in the coming days as people expect to earn some free cryptocurrencies.. Early learning of such high-importance news that will affect the prices of cryptocurrencies can enable you to act at the right time.. Sometimes the news does not give such clear information.. This situation, which we call fundamental analysis, means reading and analyzing interconnected news about cryptocurrencies.. As you read the news, you will gain experience and increase your fundamental analysis power.

Find an entry point

Now you have determined the coins to invest in. The final stage is to find an entry point for your investment.. Technical analysis has always been the best strategy for finding an entry point when investing in financial assets.. The best way to use technical analysis to find an entry point is to understand candlestick patterns.. For example, if you want to buy Bitcoin, a bullish candlestick pattern on the weekly chart will be a good indication that it is time to enter the market.. Of course, these technical analysis methods that we mentioned in the most basic sense do not guarantee you profit.. But they are very convenient tools that you can use on the way to profit.

If you follow these steps and you are lucky, you can make profitable crypto money investments in this market.. The last piece of advice we can give, and perhaps most importantly, never trade for fear of missing out (a kind of FOMO situation).. Remember, there are always opportunities in the market.. And it will never end.

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Blockchain could increase transparency in the US pharmaceutical industry

Prescription drug costs have been a controversial issue for US patients, doctors, and the government for many years. But now product design and development company Cambridge Consultants will offer a Blockchain-based solution that will make the US pharmaceutical industry transparent.

The open trading platform for drug price negotiations will be deployed on the Ethereum Blockchain.

“There is a huge opportunity for the US pharmaceutical industry.”

Cambridge Consultants digital health manager Jaquie Finn said:

Pharmaceutical pricing in the US healthcare system, market establishment corrupted by its shape. There is a tremendous opportunity to fix it by moving to an open market that creates price competition and improves access, and by applying the right technology.

Finn continued his speech summarizing the industry and explaining how much technology can achieve:

Blockchain is best known as the key behind digital currencies. But the opportunity is to be able to use it, including in healthcare. While maintaining traceability, we will use it to build a framework of trust in any industry that requires the binding of large volumes of dynamic data.

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ŞOK closed last year with a turnover of 21.4 billion liras.

The important name of the retail industry, serving all over Turkey with its quality and affordable price policy, SHOCK markets increased their turnover despite the coronavirus epidemic. Despite the epidemic that emerged in Wuhan, China in December 2019 and then spread to the whole world, SHOCK markets increased their net sales revenues to 21.4 billion TL in 2020.

New job opportunities for 6,000 people.

Having approximately 7,600 branches in 81 provinces of Turkey, ŞOK Markets CEO Uğur Demirel said in his assessment of financial results, “SHOCK With the contribution of our new investments in Marketler, we left behind a financially successful year and increased our turnover to 21.4 billion TL. Together, we have made a significant contribution to both Turkey’s economy and employment by providing new job opportunities to 6 thousand people despite the pandemic conditions.” made statements.

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A competitor to Clubhouse is also on Twitter: Twitter Spaces feature is offered to users

Clubhouse, which hit the market in the first days of the new year, both in Turkey and in the world, gained millions of users and received investments from very important financial institutions.. After the unstoppable rise of Clubhouse, the giants of the industry took action and started working to present Clubhouse-like applications or innovations containing features to their users.. Finally, the Twitter company, which announced the Twitter Spaces feature, also participated in this trend.. So what are Twitter Spaces?

What is Twitter Spaces?

“On something we think you’ll love we are working. The Twitter Spaces feature, which was introduced under the title “Still in test mode but will be available soon”, is a similar application to the Clubhouse application that started to be used at the beginning of this year and is increasing in popularity day by day.. However, there are some features that separate Twitter Spaces and Clubhouse.. The most important is the invitation code.. You can still join chat rooms with an invitation code on Clubhouse.. Anyone can join these rooms with the Twitter Spaces feature.. But only predetermined people will be able to manage these groups.. For this reason, you may not be able to use Spaces as you wish, just like in Clubhouse.. With the latest update, Twitter stated the Spaces feature in the comments and integrated it into the system.. In other words, Twitter now has a live chat feature.. However, it will be available next month.

How to use Twitter Spaces

While the account opened for Twitter Spaces has already exceeded 120 thousand followers, thousands of users who want to use this feature are looking forward to April. For the Twitter Spaces feature that will be available next month, the Twitter company is making extra efforts and encouraging its users to use this feature.. Although it is a Clubhouse-like feature, Twitter implements some differentiation policies for Spaces..

Although the sounds are temporarily deleted after the chat in the rooms, these conversations can be downloaded as audio files later on.. With this feature, especially content producers can use this voice on many platforms other than Spaces.. On the other hand, there is a replay feature for those who missed the chat in the rooms.. Finally, after the acceleration program for content producers announced by Clubhouse, Twitter also plans to finish the work for Spaces as soon as possible.

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Bitcoin shock to the presidential candidate in Ireland!

Ireland Green Party presidential candidate Gavin Duffy is worried that he may lose reputation and votes due to the use of his own image in a Bitcoin advertisement by a company as he continues to prepare for the upcoming elections in the country and claiming to guarantee a profit of 2 Euros. is doing. In his statement to the press on this subject, Gavin Duffy, the Irish presidential candidate, stated that he did not knowingly or willingly give his consent to the use of his image in the advertisement and that he made the necessary legal applications, and warned that every voter in his country should be careful about this issue and never believe the statements made outside of him.

Will Ireland block cryptocurrencies after this move?

Even if the reason behind everyone’s aim is profit, the fact that this and similar scenes started to happen, brought to mind whether Ireland will ban cryptocurrencies or not. The lack of a statement from the Irish government on the issue increased the concerns. It has been stated that Duffy and his team are trying to take measures against this and similar defamation and advertising efforts, but unfortunately, the result has not been reached yet. Elections will be held very soon in Ireland and candidates are competing with each other.