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Sunday, December 31, 2017

ALT COIN ANALYSIS: WILL DASH EVENING STAR PATTERN IN THE WEEKLY CHART DAMP PRICES?

Ripple Price Technical Analysis – XRP/USD To Continue Higher https://t.co/BqhI8UEDt8


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Ethereum Price Technical Analysis – ETH/USD Holding 100 SMA https://t.co/8AelmYsTjS


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Bitcoin Cash Price Technical Analysis – BCH/USD Preparing for Break https://t.co/2qeseESJMO


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Ripple Price Technical Analysis – XRP/USD To Continue Higher

Key Highlights

  • Ripple price corrected lower recently and it tested the $1.50 support area against the US Dollar.
  • There is a major bullish trend line forming with support at $1.8000 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair might resume its upside soon once it succeeds in breaking the $2.00 resistance area.

Ripple price is currently correcting lower against the US Dollar and Bitcoin. XRP/USD remains well supported on the downside near $1.80 and $1.70.

Ripple Price Support

After a solid upside move, Ripple price faced a strong resistance at $2.45 against the US Dollar. The price started a downside correction and moved below the $2.00 and $1.80 support levels. It traded close to the $1.50 level and formed a low as $1.5962. Later, it found bids and started an upside move above $1.60. XRP succeeded in moving above the 23.6% Fib retracement level of the last decline from the $1.2480 high to $1.5962 low.

The last downside move was protected by a major support at $1.60 and the 100 hourly simple moving average. Moreover, a major bullish trend line with support at $1.8000 on the hourly chart of the XRP/USD pair also acted as a barrier for sellers. The pair is now above the $1.80 level, but it struggled to break the $2.00 level. Moreover, the 50% Fib retracement level of the last decline from the $1.2480 high to $1.5962 low is also acting as a resistance. Once the price breaks $2.00 and settles above the stated level, there can be more gains in the near term.

Ripple Price Technical Analysis XRP USD

On the downside, the $1.8000 support area is very important. Furthermore, the $1.7000 level and the 100 hourly SMA are also decent buy zones.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is slightly placed in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is moving lower towards the 50 level.

Major Support Level – $1.8000

Major Resistance Level – $2.0000

 

Charts courtesy – Trading View, Kraken

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Aayush Jindal

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Ethereum Price Technical Analysis – ETH/USD Holding 100 SMA

Key Highlights

  • ETH price is moving nicely above the $700 support and the 100 hourly simple moving average.
  • There is a new connecting bearish trend line forming with resistance at $738 on the hourly chart of ETH/USD (data feed via SimpleFX).
  • The pair is also forming a major horizontal support above the $665 level.

Ethereum price is struggling to move higher against the US Dollar and Bitcoin. ETH/USD needs to break $738-740 to gain upside momentum.

Ethereum Price Resistance

There was a nice upside move in ETH price on a couple of occasions against the US Dollar. The price traded towards the $740 and $750 levels, but failed to gain momentum above the mentioned levels. Recently, it traded as high as $740.99 and is currently moving lower. A new connecting bearish trend line with resistance at $738 on the hourly chart of ETH/USD prevented gains.

The pair is now below the 23.6% Fib retracement level of the last wave from the $664.48 low to $740.99 high. It seems like the pair might continue to decline in the near term toward $710-700. However, there is a major support around 710 and the 100 hourly simple moving average. The same $710 support is also around the 38.2% Fib retracement level of the last wave from the $664.48 low to $740.99 high.

Ethereum Price Technical Analysis ETH USD

If the pair fails to hold the $710 support and the 100 hourly SMA, then there are chances of it testing the $700 handle. Moreover, the 50% Fib retracement level of the last wave from the $664.48 low to $740.99 high is around $702. The most important support on the downside is around the $665, which held declines on many occasions.

Hourly MACD – The MACD is currently moving nicely in the bullish zone.

Hourly RSI – The RSI is currently moving lower toward the 50 level and it seems to be showing a few bearish signs.

Major Support Level – $710

Major Resistance Level – $738

 

Charts courtesy – SimpleFX

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Aayush Jindal

Bitcoin Cash Price Technical Analysis – BCH/USD Preparing for Break

Key Points

  • Bitcoin cash price is preparing for the next move with support on the downside at $2300 against the US Dollar.
  • There is a crucial bearish trend line forming with current resistance at $2400 on the hourly chart of BCH/USD (data feed from Kraken).
  • The pair might soon make the next move either above $2400 or below $2300 in the near term.

Bitcoin cash price is consolidating above $2200-2300 against the US Dollar. BCH/USD may soon break higher above the $2400 resistance for more gains.

Bitcoin Cash Price Upside Hurdle

There was a downside reaction in bitcoin cash price from the $2880 swing high against the US Dollar. The price traded below the $2500 support area and moved toward $2100. A low was formed at $2145 from where the price started an upside correction. It moved above the 23.6% Fib retracement level of the last decline from the $2890 high to $2145 low. However, the price struggled to move above the $2500 resistance.

There is also a crucial bearish trend line forming with current resistance at $2400 on the hourly chart of BCH/USD. The pair seems to be struggling to move above the trend line resistance at $2400. Moreover, the 50% Fib retracement level of the last decline from the $2890 high to $2145 low also acted as a hurdle for buyers. Above, the 100 hourly simple moving average is positioned at $2400 and is acting as a hurdle. It won’t be easy for buyers to break the $2400 resistance. Once they succeed, the price could accelerate above the $2600 level in the near term.

Bitcoin Cash Price Technical Analysis BCH USD

On the downside, there is a bullish trend line with support at $2300 on the same chart. A close below $2300 could negate the possible upside move and push the price toward $2100.

Looking at the technical indicators:

Hourly MACD – The MACD for BCH/USD is in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is now below the 50 level.

Major Support Level – $2300

Major Resistance Level – $2400

 

Charts courtesy – Trading View, Kraken

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Aayush Jindal

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The Exclusivity of OptiTokens Features May Also Impact Traditional Stock Market Model https://t.co/0VgcE4HKjo


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Cloak’s Transaction System Enigma is Open Source – A Milestone for Privacy https://t.co/DYEgsFehWm


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The Exclusivity of OptiTokens Features May Also Impact Traditional Stock Market Model

Many investors find it difficult to make profits while trading cryptocurrencies, which is mainly due to the complicated nature of the industry which is subject to high volatility and manipulation. Beginners tend to follow unrealistic passing trends rather than following the “buy low and sell high” approach or using sophisticated trading tools. OptiToken solves this — one of the industry’s biggest problems.

About OptiToken

OptiToken is the world’s first “hyper-deflationary cryptocurrency.” It uses algorithmic trading activity to jet-fuel its adoption and nurture demand. By holding this cryptocurrency, users may benefit from constant price appreciation nurtured by round the clock automated trading driven by special algorithms. These trading algorithms embed strategies frequently used by professionals at high levels to often outpace bitcoin and other top cryptocurrency indexes such as top-3 or top-5 for example.

OptiToken- Disrupting the Traditional Industry Model

OptiToken works differently by incorporating exclusive features like Algorithm trading, Strategic scarcity and Buy pressure. Algorithmic trading exposes investors to the algorithm that consistently outpaces Bitcoin trading, 24/7. It has been developed upon data taken from professional traders and enables escalating integration of machine learning.  Strategic scarcity helps OptiToken to positively impact price through deflation as the percentage of the tokens bought back, is sent to an unspendable address that can be verified in a transparent way. It will be the first token who’s circulating supply will always be a decreasing function and never a constant or inflating supply which is something the founder Sean Donato argues, “should potentially be a feature of 99% of cryptocurrencies and that is something even Satoshi Nakamoto hinted is something special about cryptocurrency inadvertently in his original whitepaper when he said ‘Dead bitcoins are good bitcoins.’” The second disruptive feature employed by OptiToken is the Buy Pressure Strategy, in every buy cycle, a percentage of profits generated is used to purchase Optitokens on the market, hence, resulting in upward price pressure and garnering adoption and value for token holders. It’s similar to a stock buy-back tactic used in traditional finance, but by destroying the “buy-back” tokens and thus sending the value back to the network in the form of deflation.

In simple words, OptiToken generates profits from on-going trades and infuses it into OptiToken markets to ensure upward price pressure. The tokens bought are sent in proportions to the community supporting the infrastructure and unspendable address to create strategic scarcity. It will, in turn, stop the tokens from re-entering the ecosystem as selling pressure. The remaining Optitokens held by users of the currency gain value each time this cycle happens. These features make the project one of its kind to demonstrate the superiority of the cryptocurrency over traditional fiat.

To know more about the platform and register for its pre-sale and ICO, please visit https://www.optitoken.io/ or access the official Whitepaper at https://optitoken.io/White_paper.pdf or for Twitter follow @OptiToken

 

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Cloak’s Transaction System Enigma is Open Source – A Milestone for Privacy

After three years of hard work, countless hours of programming, passion and perseverance for a shared vision, CloakCoin has reached a new milestone in building the world’s safest cryptocurrency.

ENIGMA, the in-house payment system is open source as of 31st December 2017. Anyone can now take advantage of CloakCoin’s Transaction System.

At the heart of CloakCoin is ENIGMA, protecting you from access by third parties, such as hackers, official bodies or any unwanted parties. The blockchain payment system encrypts the transactions of users and prevents transaction tracking while providing secure transactions with a maximum processing time of 60 seconds.

Thus, CloakCoin’s ENIGMA ensures full privacy combined with speed.

Many advantages that are hard to find at other cryptos and which are now easily accessible to you, the end user.

By making ENIGMA freely available, CloakCoin aims to provide its community with the transparency it deserves and gives prospects the opportunity to leverage their proven payment system.

While your own privacy is being eroded day by day, piece by piece, CLOAK rebuilds it where it matters most. ENIGMA protects your finances and transactions from sightings by unwanted parties. With the Open-Source, the team of the CloakCoin expressly declares this security. The team now stands behind the promise of making its technology freely available.

A clear manifesto at a time when heroes like Edward Snowden are being persecuted by the law and espionage is being run by the state on a grand scale, protection is more important than ever before. Nobody should give away more information than he or she wants to reveal.

Along with this manifesto and the resulting enhanced transparency, there is an opportunity to collaboratively advance CLOAK. The community, technology experts and prospects are encouraged to use its technology freely and share these improvements with the Cloak team. By doing so, CLOAK expects to receive new impulses from outside and acceleration of its establishment in the markets. The common welfare stands in the foreground.

CloakCoin is aiming for a whole new level, which will be confirmed by a quality audit of an external company in January and increased promotion of the ENIGMA technology. Already CLOAK’s current increasing value confirms its growing prominence.

CloakCoin redefines data privacy and makes its vision become reality.

Website: http://www.cloakcoin.com
Chat. http://chat.cloakcoin.com
Open Source: https://github.com/CloakProjectDev

 

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Celebrate the New Year With Bitcoin https://t.co/qENHPAtHKJ


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Section 13sex of South Africa`s Income-tax Act Explained by Zabercoin https://t.co/fCCy4gwblB


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2017: A Defining Year for Cryptocurrency Regulation https://t.co/HgFbov88kQ


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Celebrate the New Year With Bitcoin

Bitcoin certainly has had a wild ride in 2017. Its price has risen from around $1,000 at the start of the year to over $13,000 at the time of writing. At one point, less than a month ago, you’d have to fork out almost $20,000 to buy a single Bitcoin. The market was clearly over-extended as the mania surrounding the launch of Bitcoin futures subsided, so too did the price. Recently, fear and uncertainty over legislation in South Korea has put a temporary dampener on the party but with the price still over 13 times what it was at the beginning of the year, there’s still plenty to celebrate this New Year’s Eve.

If you really want to flaunt the Bitcoin wealth you amassed this year, a club in Singapore could be the ideal venue for you to bring in the New Year. It’s called Skyline and it’s located on the 45th floor of a a luxury skyscraper which overlooks the city-state’s glamorous waterfront. It’s the first club in the nation to accept payments in cryptocurrency. The party they’re hosting this evening is called “Bianco” and has an all white dress code. The ultimate hospitality package they offer will set you back an entire Bitcoin. This includes a limousine collection, butler, champagne, oysters, and caviar.

Despite the opulent service provided, the bar manager Subaish Rajamanickam told UK newspaper the Mail that no one had taken the club up on their elite New Year package yet. However, other cryptocurrency-themed nights there have had greater interest. He told AFP news about the decision to offer payments in Bitcoin, Ethereum, and the crypto events they’d hosted:

“We had a couple of cryptocurrency after-parties here, and we have also themed a night … called Crypto Thursdays… So that basically got the ball rolling for cryptocurrency acceptance here at Skyline.”

Despite the various digital payment options presented, most transactions still happen in cash. This is likely due to the volatility associated with cryptocurrency prices, as well as recent network congestion on both the Bitcoin and Ethereum blockchains. Unfortunately, due to the surge in popularity of digital payment methods, neither network can handle the large numbers of transactions users are trying to make. This creates a scenario where people are forced to ramp up the fee to the network. Increased fees incentivise miners to include transactions quickly. However, they do render overburdened blockchain-based cryptos useless for making micro-payments. Paying $20 for a $13,000 hospitality package isn’t so bad. That same fee for a $35 round of drinks is ludicrous.

If you’re at a loose end in Singapore later this evening, and have a whole Bitcoin to burn on indulgence, why not hit up Bianco. Alternatively, you could just pay in inflationary fiat currency, and save your crypto for a rainier day. If the average price trend is anything to go by, you’ll thank yourself later.

 

Image: PixaBay

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Section 13sex of South Africa`s Income-tax Act Explained by Zabercoin

There are many cryptocurrencies in the market and some of them are more beneficial than others. Zabercoin is one such exciting cryptocurrency backed by real estate, which stands apart from the rest. In order to get a clear picture of the benefits offered by Zabercoin.io, it is necessary to gain knowledge about the Section 13Sex of South African Income Tax Act. Once understood, the advantages of investing in Zabercoin that bases most of its real estate investments in emerging markets will become clear.

Incentives for Investors under this Act

In South Africa, there are significant tax benefits for investors in residential property. Those purchasing buildings can write off a portion of the cost of the building or improvements as long as it was built or acquired after 2008.

To qualify for these write-offs, the person must own at least five units. The residential unit must be used for accommodation, with the exemption of business premises such as hotels. The units have to be located in South Africa. For units to qualify, they must not have been occupied previously. Besides that, the units must be solely used for residential renting and not personal use.

How Much Deduction is allowed

Normally, a 5% deduction will be allowed for a new unit. However, low-cost housing units will be eligible for 10% deduction under this act. In order to qualify for the extra 5% deduction, the unit mush first qualify for the first 5% slab. Investors and property owners can continue to claim these allowance until the cost of the unit is written off.

What is used to Determine Unit Cost?

The total cost of a unit is the lesser of the market value or the actual cost incurred on the day of conclusion of the transaction. This is done to prevent inflation of prices to obtain more deductions.

How this Connects to Zabercoin

Zabercoin makes an effort to exploit such tax incentives in emerging markets of South Africa and elsewhere. The result is that each Zabercoin has intrinsic value since it represents a tangible asset. Consequently, this will help to stabilize Zabercoin as recurring income will be plowed back into more investment. It will help to ensure that Zabercoin grows well into the future.

About the Zabercoin ICO

Zabercoin is currently holding a token sale, where it will issue 100% of the tokens. Those interested in participating in the token sale can do so by visiting https://investor.zabercoin.io/. After gaining hold of the tokens, investors can start trading the tokens soon after the conclusion of ongoing tokensale.

What do you think about the Zabercoin? Would you participate in this unique ICO? Leave us your thoughts in the comment section below.

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Saturday, December 30, 2017

Bitcoin Price Weekly Analysis – BTC/USD Remains at Risk https://t.co/WA6sRbJvf3


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BCDiploma: the unique opportunity to take part in the blockchain data certification revolution https://t.co/9cn4wOQZ53


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TravelFlex ICO Round Continue Until 12th Jan 2018 Until 12th Jan 2018 https://t.co/kQDHxTEYQr


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Ethereum Price Weekly Analysis – ETH/USD To Surge Higher? https://t.co/bmjL1hbTn5


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Bitcoin Price Weekly Analysis – BTC/USD Remains at Risk

Key Points

  • Bitcoin price recovered recently, but it failed to move above the $16,400 resistance against the US Dollar.
  • There is a crucial bearish trend line forming with current resistance at $14,200 on the 4-hours chart of BTC/USD (data feed from SimpleFX).
  • The pair recently broke a connecting bullish trend line at $13,500 and made a downside move.

Bitcoin price is currently under pressure below $15,000 against the US Dollar. BTC/USD remains at a risk of more declines in the near term.

Bitcoin Price Decline

After a sharp downside move, bitcoin price recovered nicely above the $15,000 level against the US Dollar. The price even traded above the $16,000 level. However, buyers failed to move above the $16,500 level and the 100 simple moving average (4-hours). A downside move is initiated and the price has moved below the 23.6% Fib retracement level of the last wave from the $10,688 low to $16,384 high.

There is currently a lot of bearish pressure on bitcoin and the price is trading below $13,500. There was also a break below the 50% Fib retracement level of the last wave from the $10,688 low to $16,384 high. During the downside move, the price broke a connecting bullish trend line at $13,500 on the 4-hours chart. It has opened the doors for more declines below $13,000 in the near term.

Bitcoin Price Weekly Analysis BTC USD

On the upside, there is a crucial bearish trend line forming with current resistance at $14,200 on the 4-hours chart of BTC/USD. The pair might continue to decline and it could even break the 76.4% Fib retracement level of the last wave from the $10,688 low to $16,384 high. Any recoveries from the current levels toward $14,000 remains a short-term sell opportunity.

Looking at the technical indicators:           

4-hours MACD – The MACD is currently in the bearish slope.

4-hours RSI (Relative Strength Index) – The RSI is currently well below the 50 level.

Major Support Level – $12,000

Major Resistance Level – $14,000

 

Charts courtesy – SimpleFX

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Aayush Jindal

BCDiploma: the unique opportunity to take part in the blockchain data certification revolution

BCDiploma is presenting a breakthrough proposition by making the best of Ethereum to offer a world-beating one-click diploma and data certification service. BCDiploma is an innovative framework that allows to certify data and share it through a simple URL link.

 10 good reasons to contribute to the BCDiploma’s presale ICO and to not miss the 20% bonus

#1 Market fit for diploma authentication

Schools and universities face increasing degree falsification and forgery worldwide. All stakeholders in the education field are willing to offer their graduates an innovative digital tool aimed at defending their brand. HR professionals are also eager to have a reliable way to check a candidate’s diploma.

#2 A strong Token

BCDiploma’s token, BCDT, is the fuel of BCDiploma’s ecosystem. Entities, schools, universities and other BCDiploma partners will require tokens to use the service. For each and every certified data issuance, the BCDiploma smart contract will burn a percentage of BCDT tokens automatically.

#3 Expert team

Founders have 10+ years of experience in the education software market and know exactly what schools are expecting and how to meet their requirements.

#4 Schools / universities ready for adoption of a blockchain degree authentication service

Renowned schools and universities are following technological evolutions to avoid forgery and degree counterfeiting. We are aware of their concern, and have taken as our mission to bring a solution adapted to the issues they’re facing as fake certifications are strongly hurting their reputation and business.

#5 Data First technology

BCDiploma is not based on hash technology to authenticate the diploma. Instead, its innovative technology stores the the diploma’s data directly in the blockchain and certifies the school’s identity on Ethereum.

#6 Blockchain as a service

BCDiploma offers schools and universities a turnkey solution and a transparent access to blockchain technology. No specific blockchain knowledge is required to use the service.

#7 Forever available

BCDiploma’s DApps (blockchain specific decentralized applications) are open-source and the diploma content & data are stored on a public blockchain: therefore schools and universities are guaranteed to retain access to data and DApps forever.

#8 Open to anyone and cost-effective

Any entity can use the BCDiploma authentication service. The unit cost of each certification will be approximately $1.5, without a subscription or recurring fee. The service will be free for graduates and for anyone who consults the diploma, and will not require an ethereum address.

#9 Compliant with coming regulations

European General Data Protection Regulation (GDPR), which will become enforceable by in May 25,  2018, is now the new reference text on personal data protection, and will become applicable globally. The innovative solution developed by BCDiploma is already compliant with this new regulation.

#10 It is just the beginning…

BCDiploma is the first use case of the EvidenZ framework, designed to certify all kinds of data: certificates of competence, diplomas, certificates, professional registers, administrative data. The fields of application are countless, and EvidenZ’s simplicity of use aims to set it as the standard of certified data.

In a nutshell, BCDiploma’s presale ICO is a unique opportunity to take part of the certified data bright future with a 20% bonus. Presale is running and will end on January, 18th.

 Join our Telegram channel: https://t.me/BCDiploma
Learn more about BCDiploma at www.bcdiploma.com

 

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News BTC

TravelFlex ICO Round Continue Until 12th Jan 2018 Until 12th Jan 2018

Today, the founders of TravelFlex cryptocurrency announced, that the ICO of the project will continue until 12th January 2018 23:59 GMT. TravelFlex is a product for global travelers, based in blockchain technologies, developed by a Hong Kong based company.

During this round, the company is offering to sell 95M TravelFlex coins $0.28 each for funding the project. Funds raised by the ICO offering will be used to develop the blockchain further and to establish additional traveller-specific services to facilitate the growth of traveling industry.

TravelFlex is a working coin and not a token. It’s a coin that can be actively mined and it runs on its own decentralized network, it will be listed on exchanges straight after the ICO.

Don’t be confused by the name Travelflex since the coins can be used for almost anything payment related, not just traveling.

According to estimations used by the founders, the amount of global nomads and travelers will be counted in billions by 2020. TravelFlex ICO round is now open for investors to claim their share on essential financial tools and services for global travelers, based on decentralized blockchain technologies.

TravelFlex offers:

  • ATM Card for global low-cost cash withdrawals
  • Social networking and payment features for fellow travelers
  • Escrow services for advance booking of travel services, like hotels
  • 24/7 live support
  • Printable traveler-check alike TravelFlex checks
  • Mobile application for financial transactions and social networking

This investment round is a unique opportunity to claim your share on the next generation cryptocurrency. Most of the TravelFlex services are scheduled to be deployed and in full use by the end of the year 2018.

Contact for more information:
https://travelflex.org/
https://t.me/travelflexchat

 

 

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News BTC

EdTech Pioneers Offer 10% Bonus Tokens in ICO for Peer-to-peer Tutoring Platform

NTOK.io has created a new platform for delivering education opportunities across the globe. Why is that worth mentioning? The brand-new model, based on blockchain technologies, could help the project to get a fair share of the fast-growing online-education market.

The service enables students to get in touch with tutors for online teaching or training sessions, which is a perfect alternative for language of programming courses. Of course, the direct peer-to-peer model does not completely removes the need for commercial schools, study centers, and tutoring agencies, but for a lot of people this could be a perfect option, which makes education more affordable and accessible.

This couldn’t come at a better time as EdTech spendings will reach $252 billion by 2020. Online tutoring remains an untapped market, with only 3 to 5% of all tutoring taking place over the internet. NTOK.io is poised to reverse this with their unique service and ecosystem. No other company is offering live one-on-one tutoring and customized licensed content built on blockchain technology.

NTOK.io CEO, Andrew Kravets, Alfa Bank and McKinsey alumni, has aspirations to “change education globally, with a focus on moving it from offline to online.”

The technology is pretty simple. The blockchain architecture allows for a safe and secure experience, providing a system with 100% trustworthy ratings and reviews and a built-in cryptocurrency known as ‘ninja tokens’ or NTOK. The tokens can be exchanged for tutoring services on the platform, used for incentives and bonuses or traded for other well-known cryptocurrencies such as Bitcoin or Ethereum.

NTOK’s Initial Coin Offering (ICO) investment is set to begin on Jan 15, 2018 and end a month later on Feb 15, 2018. During this period, they will be offering promotional bonus tokens that have 10% the value of any investment amount.

We expect this promotion will help them reach the minimum ICO cap of $15 million. The team has managed to enlist the support and endorsement of several high-caliber advisors, including David Goldsmith of the Goldsmith organization. At a recent ‘Future of Robotics’ talk, Goldsmith was quoted as saying “We are not educating people fast enough to catch up to new knowledge.” This is the core problem that the team is addressing.

“David brings over 30 years of global expertise to the project. We’ll also have an opportunity to take advantage of the vast experience of his team. We’re looking forward to tapping into his expertise derived from consulting projects for many renowned educational institutions,” explained Maxim Shekhovtsov, the CFO of NTOK.io.

“Our model is innovative, but we recognize that incorporating the learnings of traditional educational institutions, as well as overall business best practices from more mature corporate players, will help us position NTOK.io as a trustworthy and globally-oriented education service provider,” added Shekhovtsov.

Other prominent advisors to NTOK.io include ICOBox CEO Mike Raitsyn and Susanne Morgan, Ph.D., a Professor Emerita of Sociology.

Susanne Morgan believes that “the global nature of the learning environment is something that, in the US or China, people are hurrying to catch up with. Institutions like brick and mortar colleges would invest in this for their students because they know their students need individual help, and institutions aren’t always able to supply it without great cost.”

The alpha version of the NTOK software has been successfully trialed and the beta version launch is planned for June 2018.

To find out more about the NTOK ICO and details of the 10% token promotion please visit https://ntok.io/ or email <support@ntok.io>

The post EdTech Pioneers Offer 10% Bonus Tokens in ICO for Peer-to-peer Tutoring Platform appeared first on NEWSBTC.


via http://www.newsbtc.com/2017/12/31/ntok-offers-10-ico-bonus/
News BTC

Ethereum Price Weekly Analysis – ETH/USD To Surge Higher?

Key Highlights

  • ETH price is trading in a range below the $715 resistance area against the US Dollar.
  • There is a major contracting triangle forming with current support at $665 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
  • The pair might soon make the next move and either break $715 or trade below $665.

Ethereum price is consolidating in a range against the US Dollar and Bitcoin. ETH/USD may soon attempt the next upside break above $715.

Ethereum Price Resistance

After a nasty decline below the $500 level, ETH price started an upside recovery against the US Dollar. The price formed a base above $475 and started correcting higher. It traded above the 50% Fib retracement level of the last major drop from the $865 high to $475 low. It traded with a positive bias and even managed to settle above the $600 level.

However, there was no proper daily close above the $700 level. The price also struggled to move above the 100 simple moving average and $740 on the 4-hours chart. On the positive side, the pair almost tested the 76.4% Fib retracement level of the last major drop from the $865 high to $475 low. Therefore, there are chances of ETH resuming its upside wave sooner or later above the $740 level. At the moment, it seems like there is a major contracting triangle forming with current support at $665 on the 4-hours chart of ETH/USD.

Ethereum Price Weekly Analysis ETH USDa

The pair might make the next move either above the $715 level or below the $665 support. A proper 4-hour close above $715 and 100 SMA could ignite a sharp upside move in ETH/USD. On the flip side, a break below the $665 support may call for declines toward $600 and $560.

4-hours MACD – The MACD is moving to and fro in the bullish zone.

4-hours RSI – The RSI is currently just below the 50 level with minor bearish signs.

Major Support Level – $665

Major Resistance Level – $715

 

Charts courtesy – SimpleFX

The post Ethereum Price Weekly Analysis – ETH/USD To Surge Higher? appeared first on NEWSBTC.


via http://www.newsbtc.com/2017/12/31/ethereum-price-weekly-analysis-eth-usd-surge-higher/
Aayush Jindal

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