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Why You SHOULD NOT trust Exchanges!

Why You SHOULD NOT trust Exchanges! The key to buying crypto and learning about crypto has been and will be about getting the next wave for crypto. There are various ways in which bitcoin will rise identifying them will be important to get financial independence and build massive amounts of wealth. Learn with me on how to get the trade, invest and free yourself from the shackles of wages. 1. Identify the NEXT NEO:https://ift.tt/2yKpaLD 1. Earn 10% Off TaxBit Crypto Tax Program: https://ift.tt/2EyStno 2. Buy Crypto: https://ift.tt/2xG1K7J ANY INFORMATION CONTAINED HEREIN IS A PERSONAL OPINION AND NOT FINANCIAL ADVICE. ANY INFORMATION CONTAINED HEREIN IS PROVIDED FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY AND IT IS NOT AN OFFER OR SOLICITATION TO BUY, HOLD, OR SELL ANY SECURITY. CRYPTOBUD MEDIA LLC IS NOT REGISTERED AS AN INVESTMENT ADVISER WITH ANY FEDERAL OR STATE REGULATORY AGENCY. CRYPTOBUD MEDIA LLC SHOULD NOT BE RELIED UPON AS A SUBSTITUTE FOR EXTENSIVE INDEPENDENT MARKET RESEARCH BEFORE MAKING YOUR ACTUAL INVESTMENT OR TRADING DECISIONS. CRYPTOBUD MEDIA LLC WILL NOT ACCEPT LIABILITY FOR ANY LOSS OR DAMAGE, INCLUDING WITHOUT LIMITATION ANY LOSS OF PROFIT, WHICH MAY ARISE DIRECTLY OR INDIRECTLY FROM USE OF OR RELIANCE ON THE INFORMATION CONTAINED HEREIN. THE ICOS DISCUSSED HEREIN HAVE NOT BEEN REVIEWED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY OTHER FEDERAL OR STATE SECURITIES REGULATORY AUTHORITY AND MAY CONSTITUTE SECURITIES PURSUANT TO FEDERAL AND STATE SECURITIES LAWS AND MAY NOT BE APPROPRIATE FOR, OR OFFERED TO, INVESTORS RESIDING IN THE UNITED STATES. INVESTMENT IN ICOS INVOLVES A HIGH DEGREE OF RISK AND SHOULD BE CONSIDERED ONLY BY PERSONS WHO CAN AFFORD TO SUSTAIN A LOSS OF THEIR ENTIRE INVESTMENT. THE SECURITIES AND EXCHANGE COMMISSION HAS WARNED INVESTORS RESIDING IN THE UNITED STATES THAT, BY INVESTING IN ICOS, INVESTORS MAY BE PURCHASING UNREGISTERED SECURITIES OFFERINGS. INVESTORS IN THE UNITED STATES WHO INVEST IN ICOS MAY BE UNABLE TO RECOVER ANY LOSSES SUSTAINED IN THE EVENT OF FRAUD OR THEFT. https://www.youtube.com/watch?v=bgdXeK73Hyk

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mccartneynathxzw83 · 5 years

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Binance Dex | Is it a worthy competitor? Binance to RULE?

The key to buying crypto and learning about crypto has been and will be about getting the next wave for crypto. There are various ways in which bitcoin will rise identifying them will be important to get financial independence and build massive amounts of wealth. Learn with me on how to get the trade, invest and free yourself from the shackles of wages. 1. Identify the NEXT NEO:https://ift.tt/2yKpaLD 1. Earn 10% Off TaxBit Crypto Tax Program: https://ift.tt/2EyStno 2. Buy Crypto: https://ift.tt/2xG1K7J ANY INFORMATION CONTAINED HEREIN IS A PERSONAL OPINION AND NOT FINANCIAL ADVICE. ANY INFORMATION CONTAINED HEREIN IS PROVIDED FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY AND IT IS NOT AN OFFER OR SOLICITATION TO BUY, HOLD, OR SELL ANY SECURITY. CRYPTOBUD MEDIA LLC IS NOT REGISTERED AS AN INVESTMENT ADVISER WITH ANY FEDERAL OR STATE REGULATORY AGENCY. CRYPTOBUD MEDIA LLC SHOULD NOT BE RELIED UPON AS A SUBSTITUTE FOR EXTENSIVE INDEPENDENT MARKET RESEARCH BEFORE MAKING YOUR ACTUAL INVESTMENT OR TRADING DECISIONS. CRYPTOBUD MEDIA LLC WILL NOT ACCEPT LIABILITY FOR ANY LOSS OR DAMAGE, INCLUDING WITHOUT LIMITATION ANY LOSS OF PROFIT, WHICH MAY ARISE DIRECTLY OR INDIRECTLY FROM USE OF OR RELIANCE ON THE INFORMATION CONTAINED HEREIN. THE ICOS DISCUSSED HEREIN HAVE NOT BEEN REVIEWED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY OTHER FEDERAL OR STATE SECURITIES REGULATORY AUTHORITY AND MAY CONSTITUTE SECURITIES PURSUANT TO FEDERAL AND STATE SECURITIES LAWS AND MAY NOT BE APPROPRIATE FOR, OR OFFERED TO, INVESTORS RESIDING IN THE UNITED STATES. INVESTMENT IN ICOS INVOLVES A HIGH DEGREE OF RISK AND SHOULD BE CONSIDERED ONLY BY PERSONS WHO CAN AFFORD TO SUSTAIN A LOSS OF THEIR ENTIRE INVESTMENT. THE SECURITIES AND EXCHANGE COMMISSION HAS WARNED INVESTORS RESIDING IN THE UNITED STATES THAT, BY INVESTING IN ICOS, INVESTORS MAY BE PURCHASING UNREGISTERED SECURITIES OFFERINGS. INVESTORS IN THE UNITED STATES WHO INVEST IN ICOS MAY BE UNABLE TO RECOVER ANY LOSSES SUSTAINED IN THE EVENT OF FRAUD OR THEFT. https://www.youtube.com/watch?v=iL7WdqavX54

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mccartneynathxzw83 · 5 years

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Tron (TRX) Ranked 2nd in China’s Latest Blockchain Rankings

China’s Ministry of Industry and Information Technology through its Center for Information and Industry Development (CCID), has released its 10th monthly crypto project rankings this past Tuesday, February 26th. A total of 35 projects were evaluated by the CCID this month of which EOS, Tron (TRX) and Ethereum (ETH) made the top three respectively. For Tron, this was the first time the project was ranked on the list by the CCID.

All projects are judged using three criteria: basic-technology, applicability and creativity. Individual scores in each category are then added in a weighted ‘total index’ that is used to rank the blockchain projects.

Tron’s Mainnet Upgrade to Version 3.5 Happening Today

Earlier today, Justin Sun reminded the Tron community that the network will be upgraded to version 3.5 today the 28th of February. (The upgrade should happen in the next 2 – 3 hours.)

The network upgrade plans on implementing the following 4 changes.

Addition of multi-signature features and account management

Dynamic energy adjustment to real-time network performance

50% up performance and res usage

Better Virtual Machine safety

Upgrade is Tailor-Made for BitGo’s Institutional Clients

Of particular importance is the addition of multi-signature and account management features on the Tron network. This additional changes will fit right in with the services provided by Tron’s newest partner, BitGo. The latter is a leader in digital asset security, compliance and custody solutions that are focused on catering for the needs of Institutional clients. BitGo is the largest Bitcoin processor with over $15 Billion in crypto transactions per month. The firm also has over 300 clients in over 50 countries worldwide.

It is with this background that BitGo announced that it will be adding TRX support later this year. This then prompted the Tron foundation to add multi-signature and account management features on the network.

What are your thoughts on Tron making its debut at number 2 on the CCID’s blockchain rankings? Does this mean that Tron is better than its competitors such as Ethereum and NEO? Please let us know in the comment section below.

[Feature image courtesy of BitGo.com]

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

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mccartneynathxzw83 · 5 years

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JPMorgan flashes blockchain service and JPM Coin updates at annual Investor Day – The Block Crypto

JPMorgan flashes blockchain service and JPM Coin updates at annual Investor Day The Block Crypto

JPMorgan hosted its annual investor day Tuesday, discussing annual results and setting expectations for 2019 and beyond. One of many themes that surfaced …

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mccartneynathxzw83 · 5 years

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FedEx executive Dale Chrystie elected as first chairman of blockchain standards group — FreightWaves

Chrystie has been with FedEx since 2006, holding many key roles and bringing more than 30 years of experience from the transportation and supply chain industries. Currently, Chrystie’s focus is on the utilization and optimization of blockchain technologies in the areas of strategy, business applications and aligning of companies.

Arlen Stark, BiTA’s chief of staff, said, “I am very excited to have Dale as Chairman of the BiTA Standards Council and look forward to working closely with him during his two-year term.”

“Dale brings the broadest perspective from a transportation provider I can imagine, since FedEx has such a broad range of both services and customers, everything ranging from parcel, less than truckload and expedited to global transportation management,” said Ken Craig, Vice President of Special Projects at McLeod Software and a member of the BiTAS board. “His personal and professional insights will be beneficial for the goals of BITA. We are fortunate to have a leader with his perspective and industry breadth. Plus, he is just a great guy to work with!”

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mccartneynathxzw83 · 5 years

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Emmanuel Macron says Europe should start using blockchain technology in agriculture

French President Emmanuel Macron held a speech at the International Agricultural Fair in Paris where he called for the introduction of blockchain technology into the supply chain in order for the agriculture industry to become more innovative, according to bitnewstoday.com.

Macron pointed to the competition coming from China, Russia and the US as the main driver of unity among European countries through the EU’s Common Agricultural Policy. He talked about several strategies for the development of the EU’s agricultural sectors, including the use of emerging technologies such as blockchain.

“Let’s do this in Europe, the avant-garde of agricultural technology, by developing tools that will track every product from raw material production to packaging and processing. The innovation is there and is must be used in the agricultural world, it must be fully used because it is at the service of shared excellence and it will serve the consumer,” Macron said, adding that the blockchain would ensure transparency in the production and distribution of goods and reduce growing consumer concern about the provenance and sustainability of products.

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mccartneynathxzw83 · 5 years

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IIM Calcutta’s Blockchain Course, London Stock Exchange $20 Mn Funding, And More

Tech Mahindra and TBCASoft has collaborated for cross-carrier blockchain platform

London stock exchange has lead $20 Mn seed funding in Nivuara

Sony and Fujitsu are launching Blockchain-enabled database to check fraud documentation

In India, blockchain has seen its use cases across an array of sectors such as supply chain, fintech, banks, to name a few. A recent report suggests that the country currently employs 1,500-2,000 blockchain professionals.

However, concerns are being raised after finding suggests that of the total blockchain professionals, only 200-400 are actually skilled in the core architecture, that too, mostly tapped by large corporates with deep pockets.

This has caused a serious threat to blockchain startups in the country to hire an apt blockchain professional.

“Hiring developers with right skillsets including token programming, cryptography, and full-stack developing is quite difficult and has prompted the founder to start working with freelancers, from Russia and China,” a report said, citing a blockchain startup Chainex founder Ajay Mehta.

Globally, there are around 10K skilled professionals in the nascent blockchain industry, suggest the experts.

Many blockchain startups, as well as corporates, are now training employees in house. However, experts are of the view that many startups are facing a problem arises when these trained professionals later look to work for an IT major or a multinational corporation and are reluctant to join a startup once they acquire blockchain skillsets. Startups will have to look at ways of retaining such professionals.

With that here are the latest developments in blockchain this week:

IIM Calcutta To Introduce Advanced Course in Blockchain

IIM Calcutta has collaborated with TalentSprint to offer an advanced programme in fintech and financial blockchain for management and finance students. The programme which is said to be offered both on the premises of IIM Calcutta as well as via online sessions plans to equip 2K professionals in the next few years. It will start issuing digital certificates on the blockchain from the 2019 batch onwards.

Cardano’s EMURGO To Launch Blockchain Academy in India

EMURGO, the venture arm of Cardano (ADA), has announced to soon set up a blockchain academy in India, aimed at supplying talented developers with the tools needed to thrive in the blockchain industry. The initiative is likely to be set up at Bangalore University.

The university’s vice-chancellor K R Venugopal has welcomed initiative saying, “This will definitely open up better and newer opportunities for job aspirants in this field.”

Tech Mahindra, TBCASoft Collaborate For Cross-Carrier Blockchain Platform

Tech Mahindra has collaborated with California-based blockchain startup TBCASoft to promote cross-carrier blockchain platform for telecom carriers, aimed to architect use cases in the areas of supply chain, contract management, roaming billing and taxes, identity management and mobile transactions. TBCASoft leads the Carrier Blockchain Study Group (CBSG), a global consortium of telecom carriers.

“This consortium will play a critical role in taking these solutions to the telcos and helping them unlock multiple benefits,” Tech Mahindra’s global blockchain practice leader Rajesh Dhuddu, said.

Sony, Fujitsu To Launch Blockchain-Enabled Database In Japan

Sony and Fujitsu have announced to launch a blockchain-enabled database to check educational proficiency documents, aimed at preventing forgeries of language proficiency documents, used to receive resident status to study in Japan. According to a report, the platform will help Japanese language schools to compare certificates with data registered on the blockchain in order to verify that the documents are authentic. Sony and Fujitsu will deploy the technology in April this year.

London Stock Exchange Leads $20 Mn Seed Funding In Nivuara

London Stock Exchange has led $20 Mn seed round funding in a capital markets blockchain company Nivaura, as it plans to expand its team to the United States and Asia. It currently employs about 30 people and has offices in England and Italy. The company also plans to invest the funds into R&D efforts to tailor services for customers based on past usage patterns.

According to the Nivaura chief financial officer Gavin Youll, the company already has ten active commercial deals and has been generating revenue at a rate of more than $1 Mn annually since April 2018.

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mccartneynathxzw83 · 5 years

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Graph Blockchain Announces Board and Management Changes Canadian Stock Exchange:GBLC

TORONTO, Feb. 28, 2019 (GLOBE NEWSWIRE) — Graph Blockchain Inc. (“Graph” or “Company”) (CSE: GBLC) announces the departure of Peter Kim as Chief Executive Officer and Director of the Company, effective February 15, 2019. The Company, concurrently, appointed Jeffrey Stevens as Chief Executive Officer and Andrew Ryu as Chairman of the Board of Directors.

“I would like to thank the board of Graph Blockchain for appointing me to Chairman of the Board and Jeffrey Stevens to CEO. As executive officers of one of the founding partners of the Company and key persons involved in structuring and taking the Company public, I feel we are perfectly positioned to accelerate the growth of the Company. I am pleased to be working with Jeffrey as CEO and am very confident that the two of us along with the help of our board will drive the business forward.” says Andrew Ryu, Chairman of the Board of the Graph Blockchain.

“I would like to thank the board for entrusting me with the role of CEO. I am incredibly excited to assume the position and for the future of Graph Blockchain. We have an exceptionally talented team that is focused on continuing to innovate our product in new and diverse ways and unlocking future growth opportunities.” says Jeffrey Stevens, CEO of Graph Blockchain.

About Graph Blockchain Inc.

The Company develops leading-edge private blockchain business intelligence and data management solutions and is a pure play in the graph database technology space. Graph leverages its proprietary integration of the AgensGraph Database engine with IBM’s Hyperledger Fabric to create a transparent and immutable ledger with near real-time transactional data processing and intuitive data visualization. The Company has secured multiple prototype development contracts with multi-national conglomerates and sells across client subsidiaries as a full enterprise product.

Additional Information on the Company is available at: www.GraphBlockchain.com.

To keep updated with all news, corporate information and direct dialogue with Management join our Investor group on 8020 Connect here: http://bit.ly/8020Graph

For further information, please contact:

Jeffrey Stevens – CEO Phone: (647) 400-8494 Email: [email protected]

Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statemnets can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Such statements may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained herein are made as of the date of this press release and are based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking statements are made. Forward-looking statements in this news release include, but are not limited to, statements with respect to the appointment of Jeffrey Stevens and Andrew Ryu as the interim Chief Executive Officer and Chairman of the Company, respectively.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

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mccartneynathxzw83 · 5 years

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Watch Out! Bitcoin & Crypto Could (Eventually) Pose A Threat To Visa

Since Bitcoin (BTC) was thrust into this world, its most fervent advocates understood that it was created to be a digital alternative to the incumbent financial system. While this underlying raison d’etre has been misconstrued by onlookers time and time again, this industry’s fervent believers have kept anti-establishment sentiment sequestered away for when the time is right.

With the rise of the Lightning Network, among an array of other scalability-centric protocols, an argument can be made that it is only a matter of time before decentralized money makes a move on the establishment. But, according to one analyst, this tectonic shift in global finance may not come as soon as some libertarians expect.

Crypto Assets Could Disrupt Private Payment Networks

In a note obtained by Bloomberg, MoffettNathanson analyst Lisa Ellis explained that sauntering down to your local Starbucks to purchase coffee with Bitcoin may not be a hypothetical scenario in the future. She explained that while this sounds “ludicrous,” cryptocurrencies, especially Bitcoin, Ethereum, and Ripple’s XRP, could become an existential threat to Visa, PayPal, among other digital-centric, centralized payment ecosystems in time. Ellis added that this trend in global finance will be worth watching.

Backing her comment, likely deemed sacrilegious by the who’s who of Wall Street, the MoffettNathanson representative noted that firstly, decentralized cryptocurrencies are, by nature, much unlike centralized payment processing schemes. Her second and arguably more important point was that shortcomings, especially in regards to transaction throughput, privacy, and security, have begun to lose their potency.

Thus, she noted that unless “networks fully embrace these technologies (blockchain, cryptocurrency, and related innovations) themselves,” Wall Street’s darlings could start to cede fractions of their business to projects built on Bitcoin-esque protocols. Case in point, Ellis pointed a finger at the San Francisco-based Ripple Labs, noting that portions of the cross-border business-to-business and consumer-to-consumer market will begin to get handed over from Western Union To Ripple.

Pompliano Believes Bitcoin Could Surmount Visa

While Ellis seemed to be in Ripple’s camp, many have still argued that Bitcoin, the world’s oldest (functioning) and most well-known cryptocurrency still has a chance to begin chipping away at the hegemony that Visa, Mastercard, among other institutions have carved out for themselves.

Anthony “Pomp” Pompliano, a founder of Morgan Creek Digital, took to Off The Chain, a publication he heads, to divulge that Bitcoin may be undervalued when compared to Visa and Mastercard. The cryptocurrency investor, known for his incessant utilization of anti-establishment rhetoric on Twitter, subsequently noted that this figure accentuates the network’s performance and growth potential.

In fact, he claimed that “given the fast growth rate and historical premiums” of promising upstarts and networks, the cryptocurrency could begin to take stabs at Visa’s and Mastercard’s valuations in the coming years. Pomp wrote:

“Today, it is 1/4th the market cap of Mastercard and 1/6th of Visa, but it wouldn’t surprise me if Bitcoin surpasses both within the next 36 months. The legacy networks were built for a world that we no longer live in and the decentralized network is built for the future.”

While Pompliano, a former Facebook and Snapchat employee, is making his argument from a quantitative perspective, many argue that the fundamentals are already there. On Visa’s and Mastercard’s end, the sources speaking to the Wall Street Journal have revealed that the companies are looking to increase interchange fees by April, for both consumers and banks alike. While no exact specifics were cited, CMSPI, a merchants-payments consulting group, estimated that from April 2019 to April 2020, Visa’s newfangled fees will cost American consumers an additional $570 million.

On Bitcoin’s end, the Lightning Network, which some argue puts the cryptocurrency on par with centralized systems, has seen jaw-dropping growth in recent weeks. While the development of the scaling solution has mainly been a byproduct of one man’s efforts, Lightning seems to be on the verge of a Cambrian explosion. But will that be enough to make Bitcoin a competitor to Visa?

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mccartneynathxzw83 · 5 years

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Reebonz Partners With VeChain to Adopt Blockchain Technology for Innovation Nasdaq:RBZ

SINGAPORE, Feb. 28, 2019 (GLOBE NEWSWIRE) — Reebonz Holding Limited (Nasdaq: RBZ), a leading online luxury marketplace and platform in Southeast Asia, announced today that it has signed a Memorandum of Understanding (“MOU”) with VeChain, a leading global enterprise-level public blockchain platform, to adopt the blockchain technology to establish the end-to-end provenance of luxury products sold on Reebonz’s platforms, which will help further its ecosystem strategy.

The companies plan to develop a digital tag that will enable the development of upstream and downstream supply chain assurance to allow product traceability, supply chain planning, product management, and proof of ownership. Leveraging VeChain’s expertise, it will provide tamper-proof solutions that cannot be replicated or reused. Data, which is unique to every product sold, will be kept on the VeChainThor blockchain.

In recent years, the luxury market has seen a clear growth in demand. According to Bain & Company’s luxury report in 2018, the personal luxury goods market grew by 6% in 2018 to €260 billion. The industry is expected to continue growing 3% to 5% per year through 2025 and reach €320 billion to €365 billion in market size. A key growth driver is the shift to online shopping for luxury, which accelerated to 22% annual growth in 2018 to reach €27 billion in sales. With this continuous transformation to buying luxury online, providing trusted authentication solutions is critical.

“We are extremely excited to be a strategic partner of VeChain! This marks an important milestone as Reebonz celebrates its 10-year anniversary in March,” commented Torres Oey, Chief Technology Officer of Reebonz. “Building trust with our customers is one of our core values. This partnership will strengthen our vision of making luxury accessible to everyone and giving the power to our shoppers in determining the authenticity of products that they have purchased. The blockchain technology is unprecedented in our sector and will be a disruptor in how we authenticate products. We believe that the expertise from the VeChain and VeChainThor platforms will be paramount in providing a complete end-to-end solution.”

VeChain will help develop an initial Proof of Concept with Reebonz that takes advantage of blockchain functionality that is perfectly suited for smart contracts. This will help facilitate trust and greater transparency in a rapidly growing sharing economy, which should help benefit participating customers, suppliers, merchants, and partners.

“We are on a mission to deliver enterprise-level blockchain solutions and create valuable transactions on the VeChainThor blockchain,” shared Sunny Lu, Co-Founder and CEO of VeChain. “Our partnership with Reebonz sets a new industry standard for solutions using our robust VeChainThor platform. We welcome Reebonz into the VeChain community and look forward to building a long-term partnership with them.”

About Reebonz Headquartered in Singapore and founded in 2009, Reebonz (pronounced “ribbons”) is the trusted online marketplace and platform for buying and selling new and pre-owned luxury products in the Asia Pacific region. Leveraging data and technology, Reebonz makes luxury accessible by operating as an eco-system of B2C e-tail and B2C marketplace for over 1,000 brands and 172 boutiques, supported by C2C marketplaces that enable individuals to sell through its platform. With an easy shopping experience, members can enjoy convenient access to the selection of products that Reebonz sources as well as from a curated collection of multi-brand luxury boutiques from all around the world.

About VeChain

Starting in June 2015, VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneers of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco.

For more detailed information, please contact [email protected] or visit www.vechain.org

Follow us on: Twitter: @vechainofficial; LinkedIn: @VeChain Tech 唯链科技

Forward-Looking and Cautionary Statements Certain statements made in this release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Reebonz’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the ability to meet NASDAQ’s listing standards; Reebonz’s ability to manage growth; the reaction of Reebonz customers and suppliers to its business combination; rising costs adversely affecting Reebonz’s profitability; potential litigation involving Reebonz’s intellectual property; and general economic and market conditions impacting demand for Reebonz’s products. See the risk factors disclosed in the definitive proxy statement for Reebonz’ business combination for additional risks. Reebonz does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

For investor and media inquiries, please contact: Reebonz Holding Limited | [email protected] Christensen | Tip Fleming | [email protected] | Contact: +1 917 412 3333

For more information on Reebonz, please visit www.reebonz.com

Stay connected with us: Facebook: @Reebonz | Instagram: @ReebonzOfficial

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mccartneynathxzw83 · 5 years

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Dow Slides Below 26,000 While Another Dip Spooks Bitcoin

The US stock market is quiet heading into February’s final trading session, with Dow futures virtually unchanged after the index slipped below 26,000 on Wednesday. The bitcoin price, meanwhile, has recovered above $3,800 while the cryptocurrency market braces for Ethereum’s second attempt at activating its long-anticipated Constantinople hard fork.

Dow Futures Bounce Around 26,000

Dow Jones Industrial Average futures recovered from earlier losses to inch above the 26,000 mark. As of 8:51 am ET, futures tracking the index were trading at 26,0007, down 1 point, implying an opening bell gain of 28.84 points. S&P 500 futures lost 3 points or 0.11 percent, and Nasdaq futures performed somewhat worse with a loss of 16.25 points or 0.23 percent.

Futures tracking the Dow (blue), S&P 500 (red), and Nasdaq (orange) were volatile ahead of Thursday’s open.

On Wednesday, the Dow closed below 26,000 for the first time since Feb. 21, dropping 72.82 points or 0.28 percent to end the day at 25,985.16. The S&P 500 edged 0.05 percent lower to close at 2,792.38, while the Nasdaq gained 0.07 percent and closed at 7,554.51.

Wall Street Yawns as Trump-Kim Summit Ends in Chaos

Wall Street mostly ignored the abrupt conclusion to US President Donald Trump’s summit with North Korean leader Kim Jong Un, which ended early after negotiations reached a stalemate and neither side was willing to budge.

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According to Trump, Kim demanded that the US lift economic sanctions on North Korea, something the US was unwilling to do.

“Basically, they wanted the sanctions lifted in their entirety and we couldn’t do that,” the president said. “They were willing to de-nuke a large portion of the areas that we wanted, but we couldn’t give up all of the sanctions for that.”

Trump Administration Sends Mixed Messages on US-China Trade War

The White House is struggling to keep its story straight on the state of the trade war. | Source: Shutterstock

More worrisome is the White House’s mixed messaging on the state of the US-China trade negotiations. When Trump formally delayed the imposition of new tariffs on Chinese imports beyond the March 1 deadline, he said that the negotiations were in “advanced stages.” The president has also said that the two countries are “very, very close” to a deal.

However, US Trade Representative Robert Lighthizer seemed to throw cold water on Trump’s optimism during a House Ways and Means Committee hearing on Wednesday.

“Let me be clear: much still needs to be done both before an agreement is reached and, more importantly, after it is reached, if one is reached,” he said.

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Lighthizer did temper that negativity by stating that the US and China are “making real progress,” but he took a hard stance on the importance of holding out for an “enforceable” deal that forces China to make real changes to its economy.

“I don’t think we should accept anything that doesn’t have structural changes and is enforceable. Absolutely not,” he said.

Mixed messaging on the trade deal has been a problem in the past. Three weeks ago, National Economic Council Director Larry Kudlow said the US and China were “miles” apart, just one day after US Treasury Secretary Steven Mnuchin suggested that a February deal was attainable. Such conflicting positions have introduced yet another degree of uncertainty to the US stock market, and this confusion has resulted in several volatile trading sessions.

Bitcoin Recovers from Sub-$3,700 Dive

The cryptocurrency market enters the US trading session on a minor day-over-day decline.

On Wednesday, the bitcoin price made its first significant movement since Sunday, diving as low as $3,658 and sinking to its lowest level since Feb. 8.

The bitcoin price endured a sharp drop below $3,700 but quickly bounced back above $3,800.

However, the flagship cryptocurrency fully recovered from that sharp drop within a matter of hours and continues to trade near $3,820, as it has done throughout the week.

Ethereum Hard Fork Scheduled to Activate at 3 pm ET

Traders should pay particular attention to Ethereum’s Constantinople/St. Petersburg hard fork, which is scheduled to activate at approximately 3 pm ET.

In addition to introducing a variety of network upgrades, the fork will permanently reduce the ethereum block reward, which could tilt the supply/demand ratio in the favor of long-term investors.

As CCN reported, the fork was originally scheduled for Jan. 16 but scrapped at the last minute after security researchers disclosed a potential vulnerability.

The ethereum price is holding steady ahead of today’s 3 pm hard fork.

Crucially, the fork is not contentious, so it should not result in the creation of a splinter cryptocurrency, as was the case with the most recent Bitcoin Cash hard fork.

The ethereum price is holding relatively steady in the hours leading up to the fork. The second-largest cryptocurrency is trading at $135, down about 1.18 percent for the 24-hour period.

The overall cryptocurrency market cap stands at $130 billion, having fallen approximately $1.1 billion or less than 1 percent over the past 24 hours.

Price Charts from TradingView.

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mccartneynathxzw83 · 5 years

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Why Bitcoin (BTC) Bears Have Every Reason To Expect A Fall Below $3,000

Bitcoin (BTC) bears are once again confident that the bear market is not over yet and the price has to fall below $3,000 in order for BTC/USD to find its true bottom. A few weeks back, most Bitcoin (BTC) bulls would have laughed at this, but not anymore. The sharp decline that we saw the past week proved to the bulls that no matter how bad things are, they can always get worse. Now, looking at the daily chart for BTCUSDShorts, it is quite clear that the number of margined shorts tested a support and then bounced clearly off that support. In other words, BTCUSDShorts is now ready for a trend reversal that should see the margined shorts rise towards its previous all-time high and most likely above it.

It is pertinent to note that a rise in the number of margined shorts would also trigger a golden cross on the daily chart for BTCUSDShorts which would make the bears more confident and the price of Bitcoin (BTC) would be under immense sell pressure when that happens. So, the bears are not short of reasons to expect the price of Bitcoin (BTC) to go down hard in the weeks and months ahead until a true bottom is reached. However, previously we saw the bulls put up a fight and resist a decline to $3,000 but after recent developments, it does not appear that this is going to stop the bears anymore. The bullish resolve has been seriously weakened after last week’s flash crash that wiped out more than $400 from the price of Bitcoin (BTC) in a matter of just a few hours.

The daily chart for BTC/USD shows that after that sharp decline, the bulls had a good enough opportunity to stage a strong comeback and push the price back on track. This would have been very easy to do if the bulls had put up a fight because back then it appeared that the price had just declined to its trend line support. Had that trend line support not been breached, the bulls would have seen that rally by now and BTC/USD would be trading around $4,300 or higher. However, nothing of the sort happened and the price of Bitcoin (BTC) just kept on consolidating around the 21 EMA on the 4H chart.

The trading volume has once again dried up and the Stochastic RSI shows that BTC/USD has reached overbought conditions on the 4H chart. So, in other words the bulls had an opportunity to turn the crash into a pullback and pave the way for a rally but they panicked and let the bears take control. We still expect a rally to the upside which will be more of a fake out because it will immediately be followed by a strong and steady decline to the downside. Under present conditions, it would not be surprising at all to see Bitcoin (BTC) fall below $3,000 and find a true bottom somewhere between $1,000 and $2,800.

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mccartneynathxzw83 · 5 years

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Putin Sets July 1 Deadline for Crypto Regulation — Russia to Become a Crypto Hub?

Russian President Vladmir Putin has offered his opinion on cryptocurrencies before, saying that cryptocurrencies pose “serious risks.” Now, after the Russian lower house of the Federal Assembly, the Duma, has revealed its intention to launch an oil-backed cryptocurrency, Putin has commanded authorities to create a specific regulatory framework for the nation.

The head of state issued a document to the Russian legislative body, ordering the passing regulation by July 1, 2019. This is yet another deadline from the Russian President, who last year asked for laws to be passed on the legality of cryptocurrencies. The specific order is for “federal laws aimed at the development of the digital economy.”

This time, the focus is on turning the Russian economy into a digital one, and the order asks for a regulatory framework for digital financial assets, more financial resources based on digital assets and the regulation of civil law digital settlements.

Russia’s stance on…