Crypto Exchanges And Wallets Set To Boom Business In 2019

2019 will be witnessing a digital revolution with crypto exchanges offering new possibilities for investors, entrepreneurs, startups to invest in innovative crypto businesses.

The London founded cryptocurrency exchange and also a wallet operator, Luno has decided to open its headquarters in Kuala Lumpur in early 2019. The company will invest RM25mil and create about 100 high skilled jobs. It aims to be an education hub, training center and support provider to customers in Southeast Asia, Africa and Europe. The regulatory setup by the Malaysian Government has provided a framework to approve, monitor digital exchanges in coins and tokens. The company has registered as mandatory by Bank Negara Malaysia as a reporting institution to fulfill central bank’s policy for Digital Currencies on Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT).

Cryptocurrency exchange business allows individuals to trade or sell their cryptocurrency for fiat currency in USD, EUR, AUD and INR. Purchasing a readymade script and making the investment in securing the exchange would get you going. Companies as “BitExchange” have built readymade projects for new businesses in 2019 allowing complete access to the Source code to help them save time.

A cross-border blockchain payment app using Stellar Lumen’s token XLM eliminates the middlemen as banks and exchange agencies from transaction process who cost at every step. The payment made from one country will be converted to XLM tokens and be transferred in fiat amount to recipient’s bank account in his currency. At a fraction of the cost for transactions, this business is bound to boom, as reported by AMBCrypto.

Bitcoin Wallet service platform that to securely store other people’s cryptocurrencies, where they may send and receive and integrate with other businesses will help make payments. Charging fees at every transaction would be lucrative.

Helping aspirants to gain public investors through crowdfunding for their path-breaking ideas on a platform where the public may see the idea and contribute a small amount around $5. When backed by large numbers, the amount usually exceeds expectations, as reported on The Star.

So go ahead and cash in on the business of crypto exchanges and wallets as operators like Luno, and hopefully, 2019 will be as fortunate for you

The post Crypto Exchanges And Wallets Set To Boom Business In 2019 appeared first on OWLT Market.

from OWLT Market https://ift.tt/2DrFR1c
via IFTTThttps://ift.tt/2OlCCL9

ABC has officially claimed the BCH ticker on Bittrex! Other exchanges should follow suit

submitted by /u/BitAGift [link] [comments]

source https://www.reddit.com/r/btc/comments/9xvoua/abc_has_officially_claimed_the_bch_ticker_on/

"I went about 200 blocks back. The block chain was a clean straight line without branches, and there was only one known version of the locked block." -- Satoshi

submitted by /u/karakozov [link] [comments]

source https://www.reddit.com/r/btc/comments/9xvu5k/i_went_about_200_blocks_back_the_block_chain_was/

30 minutes until start of stress test: 24 million transactions within a 24 hour period

https://stresstestbitcoin.cash/

On both forks, they promise!

They claim 300tx/s...

Edit: 30 minutes into the test now, I see a disappointing 0.08 TX/s on my BU node. I think I'll go out and enjoy the sun instead...

33 minutes in now: it started!

submitted by /u/Collaborationeur
[link] [comments]

source https://www.reddit.com/r/btc/comments/9xvpwc/30_minutes_until_start_of_stress_test_24_million/

Crypto Conjecture For November 17, 2018

BTC/USD broke below uptrend support, the round number of $6,000 and the 2018 low of $5,770. These now turn into resistance lines. The post-crash high point of $5,655 is next. $5,200 was the low point of the crash, seen only on Thursday, a day after the downfall.

Below, we are back to levels last seen in 2017: $5,000 is a very round number and will be watched by many. Further down, $4,440 as the next target.

And if we see a significant recovery, where can BTC/USD go to?

$6,200 was a critical support line in late October and early November. $6,350 provided support when the cryptocurrency was suffering very low volatility in October.

The Relative Strength Index is deep into oversold territory. Does this indicate an imminent bounce? Momentum remains to the downside. The Forecast Poll of experts shows a bullish bias for the short term but a bearish one in both the medium and long term. Forecasters have sharply downgraded their projections following the downfall.

ETH/USD is down 0.55 percent on day at $173.77 and is down about 18 percent for the week already.

As regularly reported by this author over the course of last one month, ETH is headed down the hill towards levels which may even lead to prices heading all the way towards double digits. The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices. On the daily chart the trend remains on the downside as the next critical support in the form of falling wedge’s descending trendline support comes close to the target price mentioned above – $77 levels.

Spot rate: 177.85

Relative change: -2.51%

High: 181.82
Low: 174.92

Trend: Bearish

Support 1: 171.52, daily pivot point support.

Support 2: 161.46, daily pivot point support.

Support 3: 154.38, daily pivot point support.

Resistance 1: 188.67, daily pivot point resistance.

Resistance 2: 195.75, daily pivot point resistance.

Resistance 3: 205.81, daily pivot point resistance.

XRP/USD has revamped the trend to the upside from the support at $0.42 heading to $0.5.

However, the gains are capped at $0.49 while the token is exchanging at $0.0.466. Ripple retested the support at $0.42 yesterday but bounced back above $0.47. The crypto has traded highs of $0.49 on the day.

Ongoing is the reaction to a rising wedge pattern on the 15’ chart. The price has broken below pattern support. The initial support is at $0.46 (and descending trendline). The second support is highlighted at $0.45 while the recent lows close to $0.42 make the third and most important zone support.

From the indicators like the MACD, we see that the bears are gaining traction. The signal line has crossed into the negative. The RSI has steadily retreated from the levels around 69.69 and is currently in a downward trend at 36.39.

The short-term trend for XRP is bearish but if buyers can defend the support at $0.46, then we could see an upside move on the road to $0.5.

Litecoin has made successive lows from the beginning of the year to November 14, 15 and 16 which shows that it is one of the weakest cryptocurrencies.

After breaking under the $47 support on November 14th, it followed a new low the next day, which was close to our first lower $ 40 goal. Even though prices have rebounded off the lows, the pullback lacks strength. Even small intraday meetings meet strong selling pressures.

If the LTC / USD pair breaks by $40, it can switch to support after $32. Falling moving averages and RSI in the oversold zone show that the sellers are in charge. The first signs of recovery will be when the digital currency rises above $50 and support it. Until then, every pullback will be sold.

According to CoinMarketCap, at press time, Litecoin [LTC] is trading at $43.29 with a market cap of $2.56 billion. The cryptocurrency has a trading volume of $487.79 million and has seen a hike of 2.42% in the past 24 hours.

Litecoin has an immediate resistance at $55.92 and a strong resistance at $89.22. The current strong support for the coin is at $40.15, which was created last year. The coin has broken all the support levels for this year.

The post Crypto Conjecture For November 17, 2018 appeared first on OWLT Market.

from OWLT Market https://ift.tt/2ONUbTy
via IFTTThttps://ift.tt/2OlCCL9

We mean no ill will to the SV supporters, let’s stop the Hash War and spread the Hash Peace

submitted by /u/coinfeller [link] [comments]

source https://www.reddit.com/r/btc/comments/9xuvbe/we_mean_no_ill_will_to_the_sv_supporters_lets/

Serious question: why is nobody talking about the upcoming stress test?

Whatever "side" you may be on in this (ABC, SV, no changes, all changes, etc.) this is going to be a very interesting moment for BCH. I'm excited to see BCH scale to be peer to peer cash for the world!

submitted by /u/karmacapacitor
[link] [comments]

source https://www.reddit.com/r/btc/comments/9xv48f/serious_question_why_is_nobody_talking_about_the/