Bitcoin, Ethereum, Ripple, Bitcoin Cash, Eos, Litecoin, Cardano, Stellar Lumens, Iota, Tron: Price Analysis June 18

Since last week, the market in general has been experiencing a large drop, result of the control (almost absolute) taken by the bears. We bring you the Technical Analysis point of view of the of the first 10 currencies in market capitalization (Bitcoin…

Binance Coin [BNB] jumps a rank ahead and hops over NEM [XEM]

Binance Coin [BNB] has been the only token in the top 20 to maintain the green consistent growth in its hourly, daily and weekly price change. Bitcoin[BTC], Ethereum [ETH] and Ripple [XRP] the top three coins of the market are currently facing a low, i…

What Is INS?

Source : What Is INS? It may come as a surprise to many, but the online grocery market is projected to grow from US$98 billion in 2015 to a staggering $290 billion by 2020. However, even with all of that growth potential, this market is severely hampered by issues related to retail monopolization and ineffective promotion. The INS ecosystem is a global decentralized marketplace that is designed to facilitate grocery shopping in a highly streamlined fashion. It connects users directly with manufacturers and growers, thereby moderating the price of produce. Additionally, INS allows sellers to save on direct promotions since it eliminates the need for vendors and supermarkets— thereby allowing for additional savings for both buyers and sellers. Moreover, participating sellers and manufacturers have a diverse range of options from which to choose when using INS. These include: Publishing a list of items for sale Carrying out promotional campaigns to attract more customers Launching loyalty programs Receiving feedback from consumers The ecosystem is currently under construction, and it is being made in such a way that it will be scalable in order to accommodate future growth. Also, through the use of a decentralized ledger, INS will offer benefits such as long-term stability and sustainability.   Overview of INS Tackles problems related to supply chain inefficiencies by creating a transparent, inclusive platform Creates a direct communication channel between manufacturers and buyers Redefines the power structure and gives the consumer a bigger say in spending matters Allows for savings of up to 30% on all purchases Key Features To start off with, the INS ecosystem makes use of a decentralized shopping module that allows for quality groceries to be distributed and sold at prices that are lower than those offered by supermarkets. The buying process is extremely simple, as the platform comes with an intuitive UI that allows purchases to be made with the simple click of a button. Not only that, INS also provides its users with unlimited access to a plethora of suppliers, thereby delivering a good choice selection as well as healthy market competition.             Top: The Manufacturer’s Web Interface | Bottom: The Consumer Web Platform As for the marketing side of things, real-time promotional campaigns can be relayed to customers through the use of this system. This results in better savings for buyers as well as increased customer satisfaction. All internal transactions are facilitated through the use of specialized smart contracts. Plus, the ecosystem makes use of a currency called the INS token, which is required in order to make grocery payments. Lastly, there is also an incentive program that participants can utilize. It provides users with INS tokens every time they make a purchase. These coins can later be redeemed for either digital items or other shopping discounts. How INS works The INS ecosystem consists of four central components: The Marketplace: this is the visual hub where listed products can be viewed and added to an online shopping cart. Consumers: these are the people that are looking to buy groceries and similar goods. Sellers: these are the farmers and …

Plus…What Is INS?

Nano pumps up by 72% on a bearish day – another pump and dump?

Source : Nano pumps up by 72% on a bearish day – another pump and dump? Nano has reached an all-time high and according to Nano Twitter fanatics is going to create a “digital revolution” in the cryptocurrency world. The price has gone up 74.21% with a market cap of $2 billion. The current value of the coin is $15. 18 beating it’s previous high, $10.63. Nano started to rise right when Bitcoin and other cryptocurrencies have started to fall in the market and is back on the top 20 cryptocurrency list on coinmarketcap. This can be a result of the new upgrade done by Nano on 21st Feb with the users accepting the upgrade in a positive way Nano an Asian-based cryptocurrency company, previously known as Raiblocks, a cryptocurrency that provides instant transactions with zero-fees and can be infinitely scalable. Nano even has its own wallet, Nano web wallet which allows the users to control their funds without having to download the ledger. Kirpiloji, an investment advisor on Twitter, says, “$nano laughing at people who were saying, nano is shit coin blab la blac some days ago. Thanks for selling your nano to us cheap.” Amber Vespucci, another Twitterati who also took this huge change positively, says, “I try to think that I know the inside track to all things in the $Nano world. But what’s happening now is just nuts. $500 million in trading volume the past few days. Bear alt market. I guess this is just the crypto world AH HA moment. It was bound to happen.” There was a lot of skeptical cryptocurrency investors in the community who believe this drastic change in the price was just another pump and dump which was waiting to happen. Rebecca Sheen, a portfolio manager at Boston Nugg Financials spoke to AMBCrypto and says, “We have seen multiple pump-and-dump schemes in the past couple of months with certain token going up by a tremendous 200% and then crashing back down the same way. Yes, the market now seems in favour of Nano with its ‘zero-fees’ characteristics but only time will tell if it stays that way” Satvinder Kumar, a Bitcoin investor from Chandigarh had a rather strong sentiment and says, “Lol… another shitty coin. Stay away peeps. Wait for Bitcoin to drop again and then you will see Nano going back down the same way it rose. Good for people who invested early though, a lot of monies have been made” The huge shift in the Nano world has created a buzz in the virtual currency world. This sudden change in the market, especially when coins like Bitcoin is falling down has made a lot of people curious about the market situation right now. The post Nano pumps up by 72% on a bearish day – another pump and dump? appeared first on AMBCrypto.

India’s Largest Exchange, Zebpay, Adds Ethereum

Source : India’s Largest Exchange, Zebpay, Adds Ethereum We are excited to announce Ether trading support on Zebpay. Starting today all our users will be able to buy, sell, send and receive Ethereum (ETH) using Zebpay. According to the official website, “Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.” It worked out as they had envisioned it. Only 3 years after the official launch, it has created a new ecosystem of decentralized applications working with each other in synergy. A large number of tokens in the top 100 of Coinmarketcap are built using the Ethereum technology. From renting out storage space and computing resources to useless tokens and viral cats on the blockchain, people are using the Ethereum technology for all kinds of things. At the heart of all this lies Ether, which is used as a fuel to run smart contracts on the Ethereum blockchain. Ethereum was bootstrapped with a presale in 2014 at the price of around Rs 20–30. At its peak, Ether reached an all time high of around Rs 1,00,000 in January 2017. If you had invested in ETH during its presale, you now have more than ~500000% return on that investment in terms of INR. Make sure you check price, total supply and other stats for ETH on Coinmarketcap before you start trading. Source

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