IEOs, ICOs, STOs and Now IDOs — How to Raise Funds for Crypto in 2019?

Are IEOs just having their golden period or are they here to stay?

from Cointelegraph.com News https://ift.tt/2LekqnM

FPIs net sellers for second straight month, pull out Rs 5,920 crore in August

In July, overseas investors had pulled out a net amount of Rs 2,985.88 crore.

from Stocks-Markets-Economic Times https://ift.tt/2NIiOUZ

Ethereum Price Weekly Forecast: ETH Remain Sell Until This Changes

• ETH price declined heavily and broke the key $185 and $180 supports against the US Dollar.
• The price is currently correcting higher and is trading near the $172 and $175 resistances.
• There is a major bearish trend line forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via Kraken).
• There could be a short term upside correction, but upsides are likely to be capped near $180.

Ethereum price is trading in a bearish zone against the US Dollar and bitcoin. ETH might correct higher in the short-term, but the bulls are likely to struggle near $180-$182.

Ethereum Price Weekly Analysis

This past week, there was a strong decline in bitcoin and ETH below $10,000 and $180 respectively against the US Dollar. Ether price even declined below the $175 support and the 100 simple moving average (4-hours). Moreover, there was a break below the $170 support and the price traded close to the $163 level. Recently, the price started an upside correction from the $163 swing low.

It climbed above the $170 level plus the 23.6% Fib retracement level of the recent drop from the $195 high to $163 swing low. However, there are many hurdles on the upside near the $178 and $180 levels. Moreover, there is a major bearish trend line forming with resistance near $180 on the 4-hours chart of ETH/USD. The trend line is close to the 50% Fib retracement level of the recent drop from the $195 high to $163 swing low.

Above the trend line, the next major resistance is near the $184 level and the 100 SMA. The 61.8% Fib retracement level of the recent drop from the $195 high to $163 swing low is also waiting near the $182 zone to act as a resistance. Therefore, the price must climb above $180, $182 and $184 to move back into a positive zone in the near term.

On the downside, an immediate support is near the $165 level. If the price fails to stay above the $165 support area, there is a risk of more downsides in the near term. In the mentioned bearish case, the price could even decline below the $160 support level.

The above chart indicates that Ethereum price is clearly trading in a bearish zone below the $180 level. If there is an upside correction towards the $180 level, the bears are likely to defend further upsides.

Technical Indicators

4 hours MACD – The MACD for ETH/USD is slowly gaining momentum in the bullish zone.

4 hours RSI – The RSI for ETH/USD is currently just above the 50 level, with a positive angle.

Major Support Level – $165

Major Resistance Level – $180

The post Ethereum Price Weekly Forecast: ETH Remain Sell Until This Changes appeared first on NewsBTC.

from NewsBTC https://ift.tt/2ZHxr14

Trump heaps more tariffs on China, still no deal in sight

“We’re going to win the fight,” Donald Trump said.

from Stocks-Markets-Economic Times https://ift.tt/2Pzts33

8 of top-10 firms add Rs 77,222 crore in m-cap; HDFC twins lead

The valuation of ITC climbed Rs 11,917.17 crore to Rs 3,01,657.76 crore.

from Stocks-Markets-Economic Times https://ift.tt/2NTFNN9

Auto sales, GDP print & other macro data among 5 factors that will chart market direction in truncated week

Here are the five factors that are likely to chart market direction in the week ahead.

from Stocks-Markets-Economic Times https://ift.tt/2UltoT1

Bitcoin (BTC) Price Weekly Forecast: $10K Holds Key For Recovery

• There was a major downward move below the $10,000 support in bitcoin price against the US Dollar.
• The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000.
• There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
• There could be a short term upside correction, but the bulls are likely to struggle near $10,000.

Bitcoin price is facing a lot of hurdles on the upside near $10,000 against the US Dollar. BTC remains sell on rallies as long as it is trading below the $10,000 resistance.

Bitcoin Price Weekly Analysis (BTC)

In the last weekly forecast, we discussed the possibilities of a downward move below $10,000 in bitcoin price against the US Dollar. The BTC/USD pair did move down and broke the key $10,000 and $9,800 support levels. Moreover, there was a close below the $10,000 pivot and the 100 simple moving average (4-hours). Finally, there was a break below the $9,800 and $9,500 supports as well.

A new monthly low was formed near $9,300 and the price is currently consolidating losses. It is testing the 23.6% Fib retracement level of the recent decline from the $10,717 high to $9,308 low. However, there are many hurdles on the upside near the $9,800 and $9,900 levels. Additionally, there is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair.

Moreover, the 50% Fib retracement level of the recent decline from the $10,717 high to $9,308 low is also near the $10,010 level. Therefore, upsides are likely to remain capped near the $9,800 and $10,000 levels. Above the trend line, the 100 SMA is waiting near the $10,150 level. The 61.8% Fib retracement level of the recent decline from the $10,717 high to $9,308 low is also waiting near the $10,170 level.

On the downside, an immediate support is near the $9,500 level. If there is a downside break below the $9,500 support, the price may continue to move down below the last swing low at $9,300. The next key supports are near the $9,100 and $9,000 levels.

Looking at the chart, bitcoin price is clearly trading in a downtrend below $10,000. In the short term, there could be an upside correction, but the $9,800 and $10,000 levels are likely to act as major sell zones in the coming sessions.

Technical indicators

4 hours MACD – The MACD for BTC/USD is slowly moving into the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI for BTC/USD is slowly rising towards the 50 level.

Major Support Level – $9,500

Major Resistance Level – $10,000

The post Bitcoin (BTC) Price Weekly Forecast: $10K Holds Key For Recovery appeared first on NewsBTC.

from NewsBTC https://ift.tt/34kj42z

More Than 70 Projects and Applications Built Around Bitcoin Cash

More Than 70 Projects and Applications Built Around Bitcoin Cash

More Than 70 Projects and Applications Built Around Bitcoin Cash

Crypto News From Brazil and Portugal: Aug. 24-31 in Review

A roundup of major news of the week from Brazil and Portugal

from Cointelegraph.com News https://ift.tt/34fCw07

Carnival Row Review: Amazon’s Victoriana Fantasy Is Heavy on the Politics, Light on the Heart

In our Carnival Row review, we look at how season 1 of the Amazon Prime Video series — with Orlando Bloom and Cara Delevingne in the cast — tries to take on too much. Carnival Row release date is August 30 in India.

from RSS Feeds : RSS REVIEWS Feed - NDTV Gadgets360.com https://ift.tt/32hw8DT

Saregama Carvaan 2.0 Review

Saregama Carvaan range of speakers gets a boost with the Carvaan 2.0, which features Wi-Fi connectivity for podcasts, in addition to the huge collection of in-built music.

from RSS Feeds : RSS REVIEWS Feed - NDTV Gadgets360.com https://ift.tt/2UgUydJ

Bitcoin Need Accentuated as Negative-Yielding Debt Hits $17 Trillion

If you told economists twenty years ago about Bitcoin (BTC) and negative-yielding debt, they would be shocked.

In the 1990s or even the 2000s, decentralized digital money and a bond that made your money disappear with time would have seemed abstract — quite abstract.  Now, however, these two financial trends, which came to fruition mostly over the last decade, have become widely recognized.

Related Reading: Bitcoin Becoming a Better Hedge as US National Debt Hits $22.5 Trillion

On Friday, Bloomberg reported that the negative-yielding bond situation has just developed. Their report, which cites the Bloomberg Barclays Global-Aggregate bond index, shows that $17 trillion worth of bonds is negative-yielding.

#Bloomberg re "unstoppable surge in negative yields."
Universe of negative-yielding bonds–once unthinkable (after all, who would pay rather than receive interest when #lending money)–reached $17 trillion at the end of August; and it's spreading its wingshttps://t.co/B6IhuYwUZc pic.twitter.com/P44I7G5ZeV

— Mohamed A. El-Erian (@elerianm) August 31, 2019

 

To describe how crazy negative interest rates are, here’s Bitcoin commentator Rhythm to explain. As he explained in a recent tweet, it’s essentially like lending someone your capital and expecting to receive less of it back in a few years’ time. In no world does this make sense. After all, investments are supposed to yield a return, not result in you slowly losing your capital.

What if I said I wanted to borrow $100 from you and pay you back $99 five years later?

Would you do it? Of course not.

Yet, this is happening right now with $17,000,000,000,000 of debt with negative yields.

The mother of all financial bubbles.

— Rhythm (@Rhythmtrader) August 31, 2019

 

There’s a silver lining in all this: the demand for Bitcoin and other alternative assets should only grow.

Bitcoin Demand to Grow Amid Bond Crisis

Raoul Pal, the former head of Goldman Sachs’s hedge funds sales business, recently sat down with Bitcoin podcaster Stephen Livera to talk investments. The economist explained that as it stands, the most popular asset classes make no sense for millenials with ten- to 20-year outlooks.

Equities, he remarked, are roughly at all-time highs, and are pushing extreme valuations for relatively little profit and potential. As Ray Dalio, a legendary hedge fund manager,explained earlier this year:

“There are a lot of parallels between now and the late 1930s. From 1929 to 1932 we had a debt crisis — interest rates hit zero. Then there was a lot of printing of money, and purchases of financial assets brought their prices higher.”

Bonds aren’t much better, Pal opines, drawing attention to the “virtually zero yields” — and negative yields in some cases — that debt deemed safe provides.

Even real estate isn’t attractive, with the prominent investor calling this asset class “unaffordable”, adding that it makes even less sense to purchase homes because they’re trading near all-time highs. Enter Bitcoin. Pal quipped:

“So what the hell does a millennial do to save for your future, when almost all assets have negative imputed returns for the next 20 years, 10 years? And the answer is well, you take the optionality of cryptocurrency and Bitcoin.”

He went on to explain the rationality of why buying Bitcoin as a millennial (and under) makes sense. Pal remarked that nothing like digital assets provide “that risk-reward profile where you can be wrong but you do it earlier on, you’ve still got plenty of time to accumulate wealth in other assets too.”

Featured Image from Shutterstock

The post Bitcoin Need Accentuated as Negative-Yielding Debt Hits $17 Trillion appeared first on NewsBTC.

from NewsBTC https://ift.tt/2Ll4Sxl

Nirmala Sitharaman lays out roadmap for better governance of PSU banks

The finance minister also announced that banks can now recruit Chief Risk Officer from the market, at market-linked compensation levels to attract best available talent.

from Stocks-Markets-Economic Times https://ift.tt/2Poz8fV

Government to infuse Rs 55,250 crore for strengthening banks, push lending

This was the second set of measures announced by Finance Minister Nirmala Sitharaman to prop up the economy and at least one more is expected next week.

from Moneycontrol Latest News https://ift.tt/348zkn7

HDFC sells Gruh Finance shares worth nearly Rs 1,665 crore

Shares of Gruh Finance on August 30 closed at Rs 258.40, up 3.55 percent on the BSE.

from Moneycontrol Latest News https://ift.tt/2ZrzpmX

NPCI revises merchant discount rates for BHIM UPI transactions

Presently, this is capped at 0.25 percent for transactions up to Rs 2,000 and at 0.65 percent for transactions above Rs 2,000.

from Moneycontrol Latest News https://ift.tt/2LhgYrd

Turmeric prices to head north next month onward

Going by the sowing figures, the area under turmeric cultivation in the 2019-20 season has shrunk.

from Moneycontrol Latest News https://ift.tt/32iHffU

DR Congo Ebola death toll crosses 2,000 ahead of UN chief#39;s visit

The toll is a setback coming a day before UN Secretary General Antonio Guterres visits for a first-hand assessment of the fightback.

from Moneycontrol Latest News https://ift.tt/2HDPUBI

Key reasons behind recent fluctuations in Indian currency against US dollar

FII outflows could be the primary driver of a weakening Indian currency. We have seen more than Rs 31,000 crore of outflows since July 1 (till August 30).

from Moneycontrol Latest News https://ift.tt/2PvptEH

13% companies will leave China, says Donald Trump as new tariffs all set to kick in

After coming to power, Trump has imposed hefty tariffs on import of Chinese products, resulting in a trade war between the two biggest economies of the world.

from Moneycontrol Latest News https://ift.tt/2zycyHc

Twitter CEO Jack Dorsey#39;s account hacked, offensive tweets posted

British-based security consultant Graham Cluley said the incident highlighted the importance of two-factor authentication, where a user must confirm the account via an external service.

from Moneycontrol Technology News https://ift.tt/2zyTR68

FMCG sector might not grow as fast as it has - here is why

Rural market, accounting for 45 percent of overall revenue of the FMCG sector, is one of the key contributors to India’s FMCG growth story.

from Moneycontrol Latest News https://ift.tt/2PuOjnZ

Wall Street stalls to end weak August as China tariffs loom

The Dow Jones Industrial Average rose 41.03 points, or 0.16%, to 26,403.28, the SP 500 gained 1.88 points, or 0.06%, to 2,926.46 and the Nasdaq Composite dropped 10.51 points, or 0.13%, to 7,962.88.

from Moneycontrol Global Markets https://ift.tt/2Pu7gr4

Wall Street stalls to end weak August as China tariffs loom

The Dow Jones Industrial Average rose 41.03 points, or 0.16%, to 26,403.28, the SP 500 gained 1.88 points, or 0.06%, to 2,926.46 and the Nasdaq Composite dropped 10.51 points, or 0.13%, to 7,962.88.

from Moneycontrol Latest News https://ift.tt/2Pu7gr4

Banks merger reflects govt resolve to address economic slowdown: India Inc

United Bank of India and Oriental Bank of Commerce will be merged with Punjab National Bank, making the proposed entity the second largest public sector bank

from Moneycontrol Latest News https://ift.tt/2zDbBgS

Sharp slowdown likely across auto segments in August; Maruti, Tata Motors, Eicher sales may fall over 30%

In case of Eicher Motors, Nomura expects overall commercial vehicle volumes to decline 33 percent YoY

from Moneycontrol Latest News https://ift.tt/2Psxw5b

Twitter CEO Jack Dorsey#39;s account hacked, offensive tweets posted

British-based security consultant Graham Cluley said the incident highlighted the importance of two-factor authentication, where a user must confirm the account via an external service.

from Moneycontrol Latest News https://ift.tt/2zyTR68

Amul to focus on Indian sweets; may hike prices of cheese, butter: MD RS Sodhi

In May, Amul increased milk prices by Rs 2 per litre

from Moneycontrol Latest News https://ift.tt/2ZF9UtU

Nitin Gadkari proposes kulhad tea cups, tax on Chinese agarbatti

The Union minister said that with a view to provide impetus to the pottery industry, kulhad could be introduced at tea stalls at 400 railway stations.

from Moneycontrol Latest News https://ift.tt/2LegKma

Comparison test: Mercedes-Benz E-Class vs BMW 6 Series GT

Comparison test: Mercedes-Benz E-Class vs BMW 6 Series GT

from Moneycontrol Latest News https://ift.tt/2ZI45f0

Policy Play | Will the PSU bank merger achieve its desired objective?

The banks being merged have been losing deposit and credit market share and any improvement in the near term is unlikely

from Moneycontrol Latest News https://www.moneycontrol.com/news/business/policy-play-|-willpsu-bank-merger-achieve-its-desired-objective_12945761.html

Ather Dot - new home charging device from the manufacturer for Ather 450

Ather Dot - new home charging device from the manufacturer for Ather 450

from Moneycontrol Latest News https://ift.tt/2ZFYLJl

Continental Unveils Demo Earning App for Blockchain-Based Car Platform

Automotive supplier Continental pilots “Earn As You Ride” app that lets drivers monetize their parking data

from Cointelegraph.com News https://ift.tt/32muEIB

Amazon Echo Show 5 Review

Amazon Echo Show 5 has a 5.5-inch screen and access to the Alexa voice assistant, and is priced at Rs. 8,999.

from RSS Feeds : RSS REVIEWS Feed - NDTV Gadgets360.com https://ift.tt/34bX1uz

1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments

The largest credit card processing company in Brazil unveils support for crypto payment

from Cointelegraph.com News https://ift.tt/2NEkdMa

Ganpati mandals insurance sees flat growth as organisers go for cost-cutting

All the mandals (organisers) put together have taken about Rs 610 crore of insurance cover this season

from Moneycontrol Latest News https://ift.tt/2L6fqS3

General Electric wins partial dismissal of shareholder lawsuit

Judge Jesse Furman, however, granted the shareholders permission to amend their complaint. The class-action lawsuit, originally filed in November 2017, consolidates six cases that sought to hold GE and its senior leaders accountable for falling profits in recent years.

from Moneycontrol Latest News https://ift.tt/34bmfJG

Amazon to offer help for customers who search about suicide

Searching for the word "suicide" last week on Amazon#39;s U.S. marketplace resulted in the webpage showing users to "suicide kits" and nooses.

from Moneycontrol Latest News https://ift.tt/2Uf1pV0

Donald Trump may block $250 million in aid to Ukraine: Officials

The president has made no secret when it comes to foreign assistance that U.S. interests abroad should be prioritized and other foreign countries should also be paying their fair share," said one of the officials, who shared details of the plan on condition of anonymity.

from Moneycontrol Latest News https://ift.tt/34kHlp8

Apple likely to unveil latest iPhone on September 10

In an invite to the event on Thursday, Apple teased a five-colored version of its logo, implying launch of more colors for its new iPhone models.

from Moneycontrol Latest News https://ift.tt/2Uf1nMS

Spec Comparo: MV Agusta Turismo Veloce 800 vs Triumph Tiger 800 XRX vs BMW F850 GS vs Ducati Multistrada 950

Spec Comparo: MV Agusta Turismo Veloce 800 vs Triumph Tiger 800 XRX vs BMW F850 GS vs Ducati Multistrada 950

from Moneycontrol Latest News https://ift.tt/348bS9q

TIME#39;s list of best places of 2019: Here are a few you should visit

Here#39;s a list of some of the best places to travel to in 2019.

from Moneycontrol Latest News https://ift.tt/2zszxDw

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.1 percent loss or 10.5 points.

from Moneycontrol Latest News https://ift.tt/2PqZm1w

Stocks in the news: HDFC Bank, Wipro, Adani Green, Future Retail, Lokesh Machines, Premier Explosives

HDFC Bank | Wipro | Future Retail | Lokesh Machines | Mahanagar Gas and MAS Financial Services are stocks, which are in news today.

from Moneycontrol Latest News https://ift.tt/2PkhR7N

Asian shares rise on conciliatory trade tone but mood cautious

Japan#39;s Nikkei jumped 1% while South Korea#39;s KOSPI index gained 1.3% and Australian shares rose 0.7%.

from Moneycontrol Latest News https://ift.tt/2PnkzcL

Wall Street rallies after China trade comments

The Dow Jones Industrial Average rose 326.15 points, or 1.25%, to 26,362.25, the SP 500 gained 36.63 points, or 1.27%, to 2,924.57 and the Nasdaq Composite added 116.51 points, or 1.48%, to 7,973.39.

from Moneycontrol Latest News https://ift.tt/2zuQNb5

Non-residents, not-ordinarily residents in tax tangle, say experts

An August 8 circular from the Central Board of Direct Taxes (CBDT) said that such details needed to be filed.

from Stocks-Markets-Economic Times https://ift.tt/2ZC27RA

Sebi exonerates three former NSE executives, seeks action against two

NSE has been directed to initiate enquiry against these two employees and submit a report to Sebi within six months from the date of the order.

from Stocks-Markets-Economic Times https://ift.tt/2PiAwkb

Analyst Calls: Mahindra Logistics, Cummins, SBI, Polycab

ICICIdirect has initiated coverage on Mahindra Logistics with a target price of Rs 415.

from Stocks-Markets-Economic Times https://ift.tt/2zvbl3h

Asian shares rise on conciliatory trade tone but mood cautious

Japan#39;s Nikkei jumped 1% while South Korea#39;s KOSPI index gained 1.3% and Australian shares rose 0.7%.

from Moneycontrol Global Markets https://ift.tt/2PnkzcL

Wall Street rallies after China trade comments

The Dow Jones Industrial Average rose 326.15 points, or 1.25%, to 26,362.25, the SP 500 gained 36.63 points, or 1.27%, to 2,924.57 and the Nasdaq Composite added 116.51 points, or 1.48%, to 7,973.39.

from Moneycontrol Global Markets https://ift.tt/2zuQNb5

A morning walk down Dalal Street | Traders need not get unduly perturbed; bulls may make a comeback

As long as the index sustains above 10,756 kinds of levels traders need not get unduly perturbed, suggest experts.

from Moneycontrol Latest News https://www.moneycontrol.com/news/market-cues/a-morning-walk-down-dalal-street-|-traders-need-not-get-unduly-perturbed-bulls-may-makecomeback_12942001.html

UN Official Says Cryptocurrenies Hamper Efforts to Fight Crime

A United Nations official said on Thursday that cryptocurrencies had made efforts to fight cyber crime much more difficult by adding a new level of secrecy that favours the criminals.

from CryptoGlobe latest articles https://ift.tt/2ZBvFie

Boat Airdopes 411 Truly Wireless Earphones Review

The Boat Airdopes 411 offers a healthy mix of features such as Bluetooth 5, IPX4 sweatproofing, and a compact charging case — all at just Rs. 2,999. Does it sound good enough to make it worth buying? Find out in our review.

from RSS Feeds : RSS REVIEWS Feed - NDTV Gadgets360.com https://ift.tt/30Bj3EZ

Realme XT First Impressions

Realme continues its aggressive product launch streak with the new Realme XT, which boasts of being the world's first phone with a 64-megapixel camera

from RSS Feeds : RSS REVIEWS Feed - NDTV Gadgets360.com https://ift.tt/2zuitwE

Bytom Host Successful 2019 Global Dev Conference in San Francisco

29 August, San Francisco – The 2019 Bytom DevCon was successfully held in Fort Mason, San Francisco, on August 24th. More than 50 teams from the US, Russia, India, Belgium, Brazil, Nigeria and China registered for 2019 dev challenge and six winning teams did demo show at the conference. 

Paypaw team from Canada, which developed a BTM micropayment system, won the first prize and received $30,000 equivalent in BTM tokens.

This is Bytom’s second DevCon, the first was held in China last year. 2019 Bytom DevCon invited many speakers in the blockchain industry including Darin Kotalik, Director of ETC Labs; Naveed Ihsanullah, Head of Engineering at Algorand; Nick White, Co-Founder of Harmony; Mo Dong, Co-founder of Celer Network; Daniel Yan, Founding Partner of Matrixport; Zera Alexander, VP of Engineering at Reserve and so on. They discussed issues ranging from public blockchains, investment to digital assets.

Updates on Bytom and Bystack

In the opening remarks, Duan Xinxing, Founder and CEO of Bytom, mentioned the reason to launch Bytom. Duan wanted to create a digital assets internet to support multiple assets and the programmable economy. Duan also shared Bytom’s recent release of Bystack, a blockchain service platform with mainchain-sidechain design. 

One sidechain has been created for staking service which already has 42 partners now. They also try to make more customized toolkits and integrated them within Bystack framework for Enterprise Applications on sidechains.

Bytom VP of Engineering, James Zhu, has stated that Bytom will release the Bystack roadmap in the near future. Bytack will launch a developer center and a decentralized ID system. Meanwhile, Bystack will keep iterating and release BBFT 2.0 and Bytom 1.2. Open Federation Management Framework, Dapp Dev Framework, and Decentralized Personal Credit Solution will also all be launched as well.

BBFT presenter Wei Wang illustrated the high performance of Bystack’s sidechain. By using the BBFT consensus algorithm, the TPS on sidechain can reach 20 thousand, and confirmation time for a transaction takes only 0.6 seconds with a fork possibility of 0.27%. The combination of PoW, DPoS and BBFT help Bystack break the trilemma theory in the blockchain.

MATPool CTO Lei Jin gave a speech about Mining as a service (MaaS). As Bytom’s official mining pool, MATPool provides custody services for miners and it will look for the most profitable tokens automatically. MaaS will connect the demand side and the supply side of GPU computing power, resolving resource isolation.

Insights on Blockchain Industry

Celer Network Co-founder Mo Dong said in his speech that Celer wants to promote adoption of blockchain through games. A mobile APP CelerX has been launched and developers even without blockchain developing experience could use CelerX Gaming SDK to develop HTML 5 games easily.

There are also three insightful panel discussions at the conference. In the panel about trends and challenges of public blockchains, Darin Kotalik thought that education is one of the biggest challenges because people need to have a basic understanding of blockchain. 

When speaking of future’s potential mass adoption, Naveed Ihsanullah said that it will occur when many products are used without the necessary underlying blockchain technology being recognized. Nick White stated that he believed that gaming is a good starting point to attract more users and the compliance issue in gaming is not as serious as DeFi projects.

In the panel discussing value creation in digital assets industry, Anchain Marketing Manager Steven Yang said that many projects have to become centralized gradually due to KYC compliant requirements and users’ preference. 

Infstone Business Director Sili Zhao thought that many people’s understanding of blockchain is limited in banking and crypto and blockchain insiders should explore more use cases in other fields. Zera Alexander, VP of Engineering at Reserve, pointed out that stable coins will boom in the future because it has not found proper use cases now even though with a high market cap.

In the last panel about investment, Co-Founder of Matrixport Daniel Yan thought that Hong Kong and Singapore are Asia’s best places for crypto business. However, Will Wang, Investment Director of Ausvic Capital pointed out that choosing the location should consider technical talents but the experience of users is more important than technology. 

Cecilia Li, Investment/Partnership Director of OKcoin, said that any asset can be tokenized but the key is whether the asset has intrinsic value and demand. TF Guo, Founder of Taxa, gave some advice to individual investors that building and holding is better than trading.

Learn more about Bytom – https://bytom.io/

Follow Bytom on Twitter –  https://twitter.com/Bytom_Official

Find Bytom on Facebook –  https://www.facebook.com/bytomofficial/

Chat on Telegram –  https://t.me/BytomInternational

Official Bytom Reddit – https://www.reddit.com/r/BytomBlockchain/

Join Bytom on Discord – https://discordapp.com/invite/U3RSYr5

Read about Bytom on Medium –  https://medium.com/@cloudmoolah

Media Contact

Contact Name: Yi Ren

Contact Email: reny@bytom.io

Bytom is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

Disclosure: This is a sponsored press release

The post Bytom Host Successful 2019 Global Dev Conference in San Francisco appeared first on The Merkle Hash.

from The Merkle Hash https://ift.tt/2L5iRIC
via IFTTT

Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

The upcoming China CBDC will be available to users without bank accounts, says Binance Research

from Cointelegraph.com News https://ift.tt/34eyjKm

Report: Cryptojacking Campaigns Up by 29%, Ransomware Attacks Up 118%

McAfee Labs finds that crypto jacking was up 29% and ransomware up 118% in Q1 of 2019

from Cointelegraph.com News https://ift.tt/2ZB5Evd