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Cryptocurrency market has declined by nearly 50 percent in the last 1 month

Bitcoin price hit an all-time high at $3018 in June. With Bitcoin, altcoins also started to rise, and the market size of cryptocurrencies reached its historical peak with 115 billion dollars.

However, with the ongoing discussions about Bitcoin, price and market share declined considerably.

The uncertainty in the market with the discussions about the activation of SegWit resulted in investors fleeing.

The market shrank by nearly 50 percent

$115 billion , the market size of . its value dropped to $1866.

Ethereum, which was trading at $415 for a period, is now around $150.

After SegWit’s activation It is predicted that the market will return to its old days and experience a rapid growth period.

Cryptocurrencies Are Gaining Value Again With The Recovery Of The Market

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Is Cryptocurrency Threatening the Future of Banks?

Cryptocurrencies, which have shaken both the agenda and the financial situation in banks with their recent rise, are now perceived as a threat to banks? As we have seen, it can be thought that cryptocurrencies are even more advantageous than banks.. Does this mean a threat to banks?

Cryptocurrencies Worry Banks

Alex Buelau, CEO and co-founder of Coinshedule.com, banks are the reason for cryptocurrencies states that he has no reason to worry. It is also said that the claims made by some economists are unfounded.. Although some expert economists mention that cryptocurrencies will deal a heavy blow to banking activities, it is said that both sides of the system have their own special works.

“Cryptocurrencies pose a serious threat to financial institutions because today’s payment systems refuse to use the traditional system for lower transaction fees and easy international transactions.”

Credit Card Companies It May Also Be Under Threat

Alex Buelau states that it is not only banks who are concerned about the issue.. While saying that credit card companies may suffer the same fate in this regard, he also argues: “If you look at the dimensions of the threat from credit card platforms, credit card companies are only intermediaries.. They charge you and the seller for permission to transact for spending money you don’t have. You don’t need it with cryptocurrencies.”

Jeff Faulk, Financial Manager of CO-OP Payment Services, did not hesitate to say the following:

“I am not sure that cryptocurrencies in general threaten financial institutions. but it certainly challenges central institutions like the FED, as well as Visa and Mastercard.”

Canadian Origin TD Bank Bans Cryptocurrency Purchases

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Current Eterbase Coin (XBASE) guide: What is XBASE coin? XBASE news-comment and analysis

Eterbase Coin (XBASE coin) is a digital asset exchange and cryptocurrency project that aims to meet the same security and compliance standards as leading financial institutions.. Their main goal in the stock market is the full integration of digital assets and the real FIAT world with SEPA and European IBAN accounts.

What is Eterbase (XBASE Coin)?

Categories: Stock Exchange, Platform, Cyber ​​Security

Hello dear readers. Today, I will share with you the Fundamental Analysis of Eterbase Coin.

Eterbase Coin (XBASE coin) is the crypto currency that will be used in some financial services and will implement and support smart contracts.. These services include asset issuance and the reliable and transparent custody of various tokenized assets.

They also aim to surpass TPS in both existing traditional blockchains as well as Visa and Mastercard.

They want to build an exchange with a robust, scalable and flexible architecture.

You may be interested in: Current Bitcoin Technical Analysis: Expectations, price predictions, comments in BTC

They are planning to launch debit and prepaid credit cards.

According to the Whitepaper, the Eterbase team is working closely with various regulators, central banks and relevant FinTech centers to test their work.

To obtain the necessary license for the exchange of digital assets whose purpose can be classified as Multilateral Trading Facility (MTF), Organized Trading Facility (OTF) or secondary market trading and securities .

XBASE n total supply 1 billion. The circulating amount appears to be 981,991,844 units, but look what the Whitepaper says in a nutshell:

“The founders get the reserve coins they want they can sell and distribute whenever and whenever they want”

We know this is very dangerous, right?

Let me give you the following information right after: Eterbase is based in Slovakia, registered April 24, 2019 a joint stock company.

No business scope (I translated the page from Slovak):

Although “Nope!” I could not see terms such as crypto money, digital money, assets (assets).. I don’t like this situation. Didn’t I see it?

Let’s look at the management:

CEO and Co-Founder, Robert Auxt is a veteran. Former board member of European Investment Bank:

CTO and Co-Founder, Martin Smutny, +15 years of experience in Computer Technologies leadership and e-government applications in Slovakia:

Chairman of the Board Tomas Pristac; More than 10 years of experience in the Asset Management, Investment and Financial services industry.

These are good data.

Intro to Twitter January 2018. Number of followers, 6070. I think there should have been more.

Telegram, 4589.

There are only 3 videos on YouTube.

XBASE coin; Traded on IDEX and P2PB2B exchanges. Also listed on Binance DEX on July 30. Since it has only been traded for 6 months, I consider it normal for it to be on 3 exchanges for now.

Important links:

Website: https://www.eterbase.com/

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Whitepaper: https://www.eterbase.com/whitepaper/

Twitter: https://twitter.com/eterbase

Telegram: https://t.me /EterbaseExchange

Dictionary

Fiat: Legal currency

Smart contracts: Automation of predetermined software tasks without human intervention.

SEPA: Abbreviation for “Single Euro Payments Area” which we can translate as “Single European Payments Area”. SEPA is a new route for cross-border euro bank transfers, and its purpose is to equate cross-border euro transfers in the region with a local transfer within your home country (Source: transferwise.com).

TPS: Transactions Per Second, number of transactions per second

Secondary market: Markets where securities are traded after their first issuance.

*This article purely for informational purposes. Does not include investment advice.

(CLICK HERE for my Cryptocurrency and Fundamental Analysis book.

“Ethereum Will See $1,000 In A Few Years”

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Blockchain Based Messaging App Coming

As a leader in the internet world, Cisco has applied for a patent on a Blockchain-based messaging application. They reported that it will be an application that reliably supports group communication and supports Blockchain technology.

Blockchain-Based Messaging Application Will Be More Secure

According to Cisco statements, it will be an application that can support Blockchain technology. Since it will be an application, it is understood that it will be both a more reliable and more confidential operation.

With the support inside the application, the membership history can also be examined with secure methods. The official statement of the company on the subject is as follows:

“There is no dynamic, decentralized and self-organizing structure that can be effective in a group context. Therefore, the most common problems are how to set up group membership, how to communicate, how to make updates and how to protect against unauthorized changes. The app we’re working on will allow for ad hoc and decentralized groups, dynamic and decentralized membership updates, public sharing, and tracking of membership history.”

Using Cryptographic Keys

With the use of a secure network in group chats, only authorized participants will be able to participate. Cryptographic keys will help support this system. Users will also have the opportunity to share. There will be freedom of sharing files and derivatives of all kinds. Cisco used the following statements in detail about the application: This application will bring many features with it. This application will allow end-to-end encryption of instant messaging, content sharing and other file shares.”

Altcoins Fluctuate, Bitcoin Price Rise Stable

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PTT increased the daily withdrawal limit to 5 thousand liras

Due to Covid-19, PTT has made another important change. As of today, the withdrawal limit from PTT ATMs has been increased to 5,000 TL

Here is the statement of the PTT:

As of 28.04.2020, free money from our PTT ATMs daily Your withdrawal limit has been increased to 5,000 TL.

You can make your money withdrawal from all public ATMs free of charge with your PTTK card. .

Canadian Origin TD Bank Bans Cryptocurrency Purchases

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Current Newton (NEW) guide: What is NEW token? NEW news-comment and analysis

Newton (NEW token), the project defined as the infrastructure of the community economy. Its technical framework includes: the application layer, the protocol layer, and the underlying technology layer.. Newton provides full governance, collaboration, incentives for the establishment of a general purpose community economy.

What is Newton (NEW Token)? (Chapter 1)

Category: Payments, Blockchain as a Service

Newton: Infrastructure for the Community Economy

The name of the project is Isaac Newton. His self-propelled human-machine nodes inspired this project.

Newton (NEW Token ) What does the project involve?

Users own data

Users create their own personal loans by enriching and controlling their personal data with cryptography. Users share the profit generated by the data in a pre-agreed manner.

More effective incentive mechanism

It is possible to reduce transaction cost by replacing traditional business intermediaries with technology protocols. This cutback will be distributed to contribute to service providers, consumers, and other value-based internet-connected contributors.

New organizational structure and collaboration mode

Community run by non-profit foundations economy will replace monopoly broker platforms run by traditional for-profit companies. Based on clear, fair and rational rules, every participant will benefit from and be a part of the economy.

Technology

NewChain

NewChain, blockchain It will focus on improving the scalability, performance and privacy controls of . provides the option and opportunity to create a new subchain. The main chain and the subchain communicate via the Value Transmission Protocol.

The protocol defines two types of transactions: VTPBlockTx and VTPDataTx. VTPBlockTx defines the format of the latest block information sent by the child chain to the main chain. The main chain verifies the legitimacy of the information presented by the subchain and indexes the real-time operating status of the subchain. VTPDataTx defines the way data is transmitted and the way it searches for smart contracts between subchains.

NewNet

Complex computing power, in addition to transactions, payments and other functions text, image, video, etc.. large amount of data will be stored. Transactions; It can be handled by NewChain, which serves as a decentralized computing infrastructure to provide services to applications, including name services, computing services, and storage services.

NewNet supports databases and many common programming languages, while being secure and is an open network that provides reliable storage services. Most services are hosted directly on NewNet. Developers can publish computing tasks, and nodes can select related tasks according to their computing power, complete tasks and receive relevant incentives. Thanks to blockchain technology, decentralized name services are implemented to increase NewNet’s ease of use.

Users can directly access NewNet via browser and choose to sync all network services to local or download data as needed.. If users don’t want to run NewNet node locally, they can choose to access with proxy node.

What is Newton (NEW token)? Part Two

Atom Hashing

Atom Hashing is non-digital, including weight, volume, size, shape, texture, optical properties, radioactive properties, thermodynamic properties, and various customized random properties uses machine vision and deep learning technology to quickly extract multiple features of assets. Then, based on these characteristic data and algorithms, unique identity and authentic right for the digital asset can be created.

The whole process is repeatable, verifiable and fault-tolerant.. For example, the goods leaving the factory first, the meta hash calculation can be performed on the goods and the calculation result can be stored in the blockchain. In the subsequent circulation of the commodities, customers can verify whether the commodities they receive are genuine at any time.. However, the cost of using this technology is currently relatively high, so it will mainly be applied to commodities such as diamonds and will be applied to a wider area with technology advancements and cost reduction.

New Internet of Things

NewIoT, includes blockchain gateways, communication protocols between IoT devices and gateways, design features, and the like. The gateway has powerful computing and storage capabilities, including Ethernet/fiber, 3G/4G/5G, NB-IoT, BLE, Wi-Fi, ZigBee and similar IoT communication protocols with built-in blockchain nodes. The IoT device stores the collected information into NewChain through the gateway.

Based on the NewIoT specification, temperature, humidity, air pressure, lighting, acceleration, vibration, magnetic field, pressure, harmful gases, GPS and other sensors, sound A number of NewChain IoT devices can be developed, including collectors, image sensors.

What is a NEW Token? for the continuation of the article 2. click the section title.

CLICK HERE for my book Cryptocurrency and Fundamental Analysis.

Matrix Ai Network guide: What is MAN coin? Where to buy-sell MAN coin?

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Is Bitcoin Silver Next?

Last week, we witnessed the emergence of a new cryptocurrency called Bitcoin Gold as a result of the fork in the blockchain. Although the developers of Bitcoin Gold said that the new cryptocurrency will allow more people to mine with less powerful equipment, some miners on the bitcoin platform warned that this fork could open the door to new divisions. Now, just hours after the emergence of Bitcoin Gold, it has been claimed that some miners are preparing a new fork in the bitcoin platform.

Similar Statements with Bitcoin Gold

The cryptocurrencies that will emerge after the alleged fork in December It is stated that the name of the currency will be Bitcoin Silver . As the reason for the new fork that will create Bitcoin Silver, it is argued that the centralized support given by crypto money exchanges to SegWit2X is decreasing day by day, and it is argued that the bitcoin world, which has turned into a structure with the new currency, will turn into a decentralized crypto currency again. Of course, the fact that Bitcoin Gold made this statement as the reason for its emergence has also brought some doubts. The fact that the text in question is quite similar to the statements on the website of Bitcoin Gold and does not contain enough arguments to support the claims brings to mind the thought that the claims of new cryptocurrencies such as Bitcoin Silver, Bitcoin Uranium or Bitcoin Platinum could be a joke. It is also thought that these claims are made to show bitcoin as a platform where there are constant divisions, and that it is actually a speculation study.

Imams Dismissed Over Allegations of Bitcoin Trading Speak for the First Time

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Koçtaş is preparing to open 51 stores

Within the scope of coronavirus measures, Koçtaş, which decided to close many of its stores on March 24, is preparing to open 51 stores as of Monday, May 4. listed the measures as follows:

“At the entrance of all our stores, the temperature of each of our customers will be measured one by one; Our customers with a fever of 38 degrees and above will not be accepted to enter the store, and they will be advised to apply to the nearest health institution.

Hand disinfectants will be placed at the entrances of our stores so that our customers do not have to worry.

All our stores across Turkey will be regularly disinfected, and hygiene rules will be made at the highest level without interruption.

Many hand disinfectants will be placed on the heads of the aisles inside the stores.

The shopping carts and safes, where our customers are most worried, will also be disinfected every hour.”

Cryptocurrencies Are Gaining Value Again With The Recovery Of The Market

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Description of Bitcoin Gold from Koinim

Turkey’s oldest cryptocurrency exchangesKoinimfinally published a statement about Bitcoin Gold. While it was stated in the statement that Koinim will keep users’ Bitcoin Gold, it was also noted that there are still big question marks about the technology, similar to Bittrex.. Here is the statement from Koinim;

Bitcoin Cash support

As Koinim, our principle is to try to ensure that our users benefit from the fork that will occur in the blockchain to the maximum extent, provided that the security of your investments is essential.. After dealing with the Bitcoin Cash fork that took place on August 1 in line with this principle and undergoing an intensive technical evaluation process, we developed an infrastructure where you can safely withdraw your Bitcoin Cash balance, and we put this function into use before many global exchanges.

Bitcoin Gold.

491407 of the Bitcoin blockchain (presumably formed on 25.10.2017), known as “Bitcoin Gold”. We have been closely following this new type of cryptocurrency, which has been announced to be forked based on the block, from the day it came to the agenda, in line with this principle.. In the detailed technical and security analyzes carried out by us, it has been determined that the following problems regarding the aforementioned project still persist despite a short time from the announced date:

A yet stable software, infrastructure and testnet belonging to Bitcoin Gold.

Koinim added that Bitcoin Gold has no known developer group.

Contrary to what is claimed on the project’s website, Bitcoin Gold does not yet have “duplicate transaction protection”. Providing Bitcoin Gold support without duplicate transaction protection poses a security risk for the current Bitcoin balance.

There are conflicting statements between the current version of the project’s website and the previous versions, which creates serious uncertainty.

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The professionalism, planning and ecosystem support that makes it possible for us to provide Bitcoin Cash support cannot be observed in the Bitcoin Gold project.

Due to all these problems and risks, the vast majority of services, wallet software and hardware among the world’s cryptocurrency users, Bitcoin Cash It has not been able to undertake to provide Gold support.

It does not seem possible to support Bitcoin Gold, which has not yet met the necessary standards, in a secure manner in the current situation.. In the event of this forking, your Bitcoin Gold balance will be kept by us in any case, and in the future, if these problems caused by Bitcoin Gold are resolved and this cryptocurrency gains a certain value, the issue will be re-evaluated and our users will be able to withdraw Bitcoin Gold.

Segwit2x

The Segwit2x bifurcation, which is expected to take place in November and has already managed to gather more support, is also closely monitored by us.. Where possible, technical effort will be made to access your Segwit2x balance.

PTT Will Be able to Issue Electronic Money

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Meet Elon Musk’s Future Insights!

The pioneer of futurism in the world, Elon Musk continues to impress us with his thoughts and ideas.

Elon Musk’s predictions for the future are quite surprising. Especially if his predictions about space travels come true, a completely different world will await us.

EXCITING FORECAST

Elon Musk left his PhD in applied physics, which he started at Stanford, two days later to develop a software project and managed to sell this software for approximately 350 million dollars. As the 3 issues that will affect the future of humanity the most; Seeing the internet, clean energy and space, Musk is seen as one of the greatest living inventors and entrepreneurs. Of course, this genius name has quite surprising predictions for the coming years. The most important ones are as follows:

2018: People will be able to fly into space with reusable rockets.
2024: Artificial intelligence will pose a real threat to humans.
2025: Tesla will become as valuable as Apple .
2025: Humanity will set foot on Mars.
2027: More than half of all newly produced vehicles will be electric.
2033: The sun will become the main power source.
2037: Cars will no longer have a steering wheel.
2040: Man will build a city on Mars and colonize the planet.
2040: Artificial intelligence will
2060: About 1 million people will be living on Mars.

British automotive giant MG is in Turkey: Doğan Holding will produce