Bitcoin Will Bottom when the Price Plunges below $3K, Says BTC Zealot Anthony Pompliano

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Bitcoin Will Bottom when the Price Plunges below $3K, Says BTC Zealot Anthony Pompliano
This year Bitcoin hasn’t managed to show such excellent results that it had in 2017. Nevertheless, it’s still not a reason to put it to pasture. And the end of the year is definitely quite an appropriate time to speak about the future of this crypto.
Bitcoin: New Decrease?
According to a world-famous Bitcoin zealot Anthony Pompliano, despite the fact that last week Bitcoin reached the mark of $4,000, it still may fall further.
Anthony Pompliano, who is also known among the crypto community as Pomp, earlier has collaborated with Facebook’s and Snapchat’s growth teams and now is a founder of Morgan Creek Digital Assets. He is an active social media commentator of the ongoing situation on the crypto market and is a recognized crypto expert.
Now his position is the following: Bitcoin markets will bottom out only after the price goes below the mark of $3,000. In the nearest future, BTC that is currently traded for $3,673 has all chances to fall to approximately $3,150 but then it may continue its way down.
But it is just a short-term perspective. Speaking about a long-term one, Pomp still insists that the forecasts according to which Bitcoin will be traded for $100,000 or even more have all chances to be translated into life. Nevertheless, there is still a question for how long we have to wait to see these figures.
Is Bitcoin Correlated?
The situation that occurred this Christmas has made the community think that there is a strong correlation between BTC and stock market assets. Let’s us remind that on Christmas Eve BTC fell from $4,200 to $3,800 and just at the same time worldwide macro markets experienced a serious hit. The Dow Jones Industrial Average lost 2.25% in a day’s time while Japan’s Nikkei 225 lost nearly 5%.
Nevertheless, Pomp claimed that Bitcoin is a non-correlated asset. Though he agreed that “there are some psychological components at play as the stock market pulls down”, according to Pomp, “Bitcoin has a zero correlation with the S&P 500 and a near-zero correlation with the dollar index”.
He insists that this simultaneous crash is nothing more than just a coincidence.
Influencing Factors
Speaking about the future of Bitcoin, Pomp also noted that there are a number of issues that are not clear at the moment but that may have a significant impact on the crypto industry. One of these issues is a potential approval of Bitcoin ETF. If Bitcoin ETF is approved, there will be very good chances for the price to go up.
Turning to the potential ways of development of the ICO market, Pomp also noted that at least some clarity is badly needed. While some regulatory bodies try to create more or less appropriate conditions for ICO projects, some others consider them to be too risky. As a result, the situation remains rather challenging at the moment and it is still unclear what we will see in the future.
But even now Pomp strongly believes that cryptocurrencies have enough potential to revolutionize the global landscape.
Bitcoin Will Bottom when the Price Plunges below $3K, Says BTC Zealot Anthony Pompliano

CHIMP Crypto Designed to Assist E-Commerce Businesses

Paytomat, Bitcoin Diamond (BCD) and Shopping Cart Elite have joined forces to release Chimpion (CHIMP), a new kind of crypto designed to enhance the e-commerce industry.
Chimpion is now working to assist merchants, both large and small, by introducing them to the benefits of digital assets.
Crypto Enhancing the World of E-Commerce
Alex Arnaut – chairman and co-founder of Chimpion – states:
“A major problem that persists with e-commerce is that it’s difficult for small businesses. E-commerce merchants face security issues, payment delays and difficulty selling internationally, not to mention the expensive fees charged by payment processors. Chimpion is providing merchants with a platform that leverages cryptocurrency to eliminate these issues and open them to new markets.”
Chimpion’s technology will allow merchants to accept cryptocurrency payments for goods and services. Companies will be able to pre-select specific cryptocurrencies for payments while rejecting those that don’t fit it in with their present goals and ideals. Chimpion will also offer income stream flexibility to merchants to shield them from trade wars, volatility, growing interest rates and other unpredictable aspects often witnessed in the digital financial space.
The currency will be available starting in early 2019, though an exact date has not yet been determined. The currency will first be available in Asia, then transition to Europe, the Middle East, South America and Africa with the goal of helping business owners establish stronger cryptocurrency understanding and build digital payment capabilities.
In addition, Chimpion will also launch what executives are calling the CHIMP Academy, which is set on developing cryptocurrency plugins for platforms like eBay, Amazon and other e-commerce systems. There are also plans to launch a Chimpion wallet in the coming months.
E-commerce has become one of the biggest industries in the world. Since the introduction of both eBay and Amazon, the space has expanded to encompass more than $2.3 trillion in total retail sales. B2B e-commerce has also accounted for an additional $7.7 trillion in sales.
Making the Retail Space Stronger and Safer
The growth of the space has led to a demand for lower fees, faster transactions and wider accessibility. Cryptocurrency has ultimately assisted with this demand, bringing the functionality of fiat currency to an otherwise unstable monetary system. Customers now have access to stronger security protocols, transferability, affordability and faster transaction speeds.
Chimpion’s services will be available to early retail merchants at no charge.
Does CHIMP sound like a feature that will bring crypto adoption to new heights? Post your comments below.
Image courtesy of Shuttershock
The post CHIMP Crypto Designed to Assist E-Commerce Businesses appeared first on Live Bitcoin News.

Raiden Network Goes Live on Ethereum Making 1 Million Transactions per Second a Reality

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Raiden Network Goes Live on Ethereum Making 1 Million Transactions per Second a Reality
The cryptocurrency markets are still getting a beating as 2018 ends with the bears still roaring. Amidst all the noise, markets keep projecting growth and progress in 2019 as community remains uncertain about the market swings. However, the blockchain industry keeps continuously evolving with new innovations and developments in technology and software fronts.
Ethereum [ETH], the third-largest cryptocurrency, has in the recent weeks faced criticism from its community because of its performance graph. The community may soon rejoice in the news that the crypto could soon process one million transactions every second. The project has been in the pipeline since early this year. We reported back in July when the Final Test Network Launched for Ethereum Payments Channel Raiden.
The competition is stiff and only the strongest will survive. The development is much-welcomed progress especially with 2019 being projected that it will majorly comprise of regulatory reforms in the crypto markets.
Ethereum ranks as the most popular and extensively used blockchain project in the whole blockchain industry. It currently faces sharp competition from Tron, Lumens, EOS, Stellar, and many others. On ETH, developers can build and deploy decentralized applications. The competition prompted Ethereum to develop ways to enhance its platform and retain its dominant relevance in the blockchain space.
The Protocol of Raiden Network
In the recent months, Raiden Network has developed a protocol named the “Red Eyes protocol.” This new development aims at scaling the transfer of tokens on the Ethereum network. The protocol went live on the Ethereum mainnet in an alpha testing phase. Users should use the protocol carefully while participating in the Raiden Network’s bug bounty program as advised.
Since the protocol is relatively new, the team has taken a strong mitigation precaution to minimize damages resulting from misuse of the protocol or bugs. They explained in a blog post that the network is not yet production ready stating:
 “We are excited to announce that the Raiden Network Red Eyes release is live on the Ethereum mainnet! The Red Eyes release is an alpha testing release. It is absolutely crucial to read this post including the security notes carefully before using the software”
What the Protocol Means for Ethereum
When ETH was trading around its all-time highs earlier in the year, the network became excessively congested. It supported increased transactions and Ethereum dApps like CryptoKitties. Once the Raiden Network is fully deployed, the ETH network will handle up to one million transactions per second.
Ethereum will achieve this milestone by executing transactions off-chain, resulting in cheaper and faster transactions than before. The Raiden Network Red Eyes protocol has several similarities compared to the Lightning Network protocol for Bitcoin. Both of them present an off-chain scaling solution that enables the execution of faster and cheaper transactions.
If the Red Eyes protocol is successful, Ethereum’s price may increase significantly. Moreover, ETH’s status as the leading dApp development and smart contract platform will be enhanced. The price of Ethereum is oscillating around $125, an 8% increase from the $115 price just before Red Eyes protocol release.
Raiden Network Goes Live on Ethereum Making 1 Million Transactions per Second a Reality

Bitcoin for $22K and Blockchain Erasing Industries’ Barriers: Biggest Predictions for 2018

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Bitcoin for $22K and Blockchain Erasing Industries’ Barriers: Biggest Predictions for 2018
In the controversial world of cryptocurrencies, everybody tries to make guesses and predict future market tendencies, prices, estimate the prospects of some projects, etc. Some of those predictions are true, some are not. It’s time for us to have a look at all the hopes and fears of 2018 and see what predictions were true, and what guesses were wrong.
Guesses that Came True
At the beginning of 2018, Ari Paul, the co-founder of the large-scale cryptocurrency hedge fund Block Tower, provided a number of crypto-related predictions on his Twitter account. In particular, he suggested that Bitcoin Cash (BCH) hard fork would take place this year.

1/ Belated 2018 predictions. Here's a list of forecasts for 2018. I offer these humbly. Most will probably be wrong at least on the specific numbers, if not directionally.
— Ari Paul (@AriDavidPaul) January 14, 2018

And Ari Paul was right. Bitcoin Cash hard fork took place in May. The latest hard fork was scheduled for November 15 but was disrupted by a competing proposal that was not compatible with the original roadmap. As a result, BCH community was split into three fractions: Bitcoin ABC, Bitcoin Unlimited, and Bitcoin SV.

9/ Both BTC and BCH will continue to hard fork and >10% of the value of each (if held today) will reside in new offshoots.
— Ari Paul (@AriDavidPaul) January 14, 2018

As for Bitcoin, another BTC split has not yet happened.
In October, Former JPMorgan Chase executive Blythe Masters predicted a stronger connection of commodity markets with blockchain projects that would increase their performance. The prime examples of such interconnection are agriculture and oil industry, where companies have started integrating the distributed ledger technology for their activity.
ABCD, the largest agricultural companies, use blockchain to automize grain and oilseed post-trade execution processes. Such oil companies as BP, Shell, and Equinor have launched a blockchain-based platform Vakt for energy commodity trading. That’s why Masters’ prediction is absolutely right.
Another true prediction was related to ICO-regulation. In summer, the president of CBOE Global Markets Chris Concannon stated that the initial coin offering (ICO) market could soon face a two-fold regulatory “reckoning”. He said:

“The reckoning will come in two waves. First, the SEC will go after ICO market participants. Then, class-action lawsuits against the teams behind ICO projects will surge.”

Several months after his claim the U.S. Securities and Exchange Commission (SEC) imposed civil penalties against two Initial Coin Offerings (ICOs) solely over their failure to register their token sales.
Later, SEC brought violations against Floyd Mayweather Jr. and music producer DJ Khaled involving ICO promotion, noting that using celebrity endorsers was a crucial part of the ICO issuers’ promotional strategy.
Further, an official of SEC said that some offerings are absolute frauds and called for international cooperation to bring the scammers to justice.
Of course, most of the predictions were related to prices, with Bitcoin in the limelight. However, some of them were not very optimistic. Todd Gordon from TradingAnalysis.com suggested that Bitcoin price would drop to $4,000 this year, and was right. Currently, the price of the digital coin makes up $3,668.
Predictions Not Destined to be Borne Out
Unfortunately, predictions that seemed to be very optimistic turned out to be false.
At the beginning of the year, Bitcoin’s expert Tom Lee forecasted Bitcoin to hit $125,000 benchmark by 2022 and reach $25,000 in 2018. Several months later, when the crypto market was experiencing hard times, he changed his mind and updated his Bitcoin price forecast for this year, predicting that it would reach $22,000 instead of $25,000.
Moreover, Lee is sure that Bitcoin is underestimated, and its fair price should be about $10,000 above where it is trading now. Well, 2019 will show whether he is right or not.
Mike Novogratz, an ex-Goldman Sachs partner and founder of crypto merchant bank Galaxy Digital is known for his optimism towards Bitcoin. He believes that there will be an institutional FOMO with Bitcoin expected to cross $10000 by the end of the first quarter of 2019. He said:
“I think Q1 [or] Q2 [2019] if the institutions start coming in, we’ll put in new highs.”
At the beginning of December, when Bitcoin was down more than 80% from its all-time high, Novogratz remained confident about the coin’s comeback. He said:
“I do believe Bitcoin is going to be digital gold. We have a business that we think can break even next year, if not make money. We’ve got plenty of cash to run the business for a long time. I keep telling my guys we’re a surfer getting ourselves in shape for when the next wave comes, and when the wave comes we’d better be the Laird Hamilton of crypto.”
The “pretty face of cryptocurrency” predicted that Bitcoin’s price would stay somewhere between $3,000 and $6,000, and he turned out to be right. However, his optimism toward institutional players entering the crypto industry was premature.
One more unrealistic prediction was made in 2017 by John McAfee, a cybersecurity legend, and is relevant now. McAfee promised that he would “eat my d— on national television” if Bitcoin failed to move above $500,000 mark by 2020. As 2018 is coming to the end, only one year is left for McAfee’s prediction.
Interesting speculation was made by George Friedman, a geopolitical analyst for the online publication Geopolitical Futures, who said that blockchain would become obsolete. Ethereum co-founder Joseph Lubin has an opposite opinion. According to Lubin’s statement, the future of the crypto industry is so bright he has to wear shades.

Peaking into 2019, if you could see the landscape through my eyes, you'd have to wear shades.
Yours in Ethereal Serenity, JML
— Joseph Lubin (@ethereumJoseph) December 21, 2018

At the moment, the technology is far from being outdated and is right on the way to the mass adoption.
Despite recent crypto market massacre, VC billionaire Tim Draper also places huge bets on Bitcoin and believes the value of Bitcoin will keep going higher in the upcoming years. According to Draper, the transition to cryptocurrency will take place in the near future.
Billionaire investor Jim Breyer also believes that the promise offered by the technology is too great for it to be permanently buried by short-term market movements, that’s why cryptocurrency has great prospects.
The distributed ledger technology is on the way to mass adoption, and the investors may be right in their optimistic predictions. Only time will show that.
Bitcoin for $22K and Blockchain Erasing Industries’ Barriers: Biggest Predictions for 2018

New Features Update in ADAMANT Messenger: Login Into Web-App With Custom Password

As it was announced by developers earlier, new login feature supposed to be released for two platform versions of blockchain messenger—iOS and Web applications of ADAMANT.
Now, when the user community has already seen such possibility after the latest iOS update, it only remained to wait for updates in PWA version. And, finally, today night, in project’s official blog was released the next update on this topic.
Note: PWA — abbreviation of Progressive Web Application, app version that can be used at any fine-updated browser.
As stated in the release, new login possibility provides an extra level of encryption and helps to login easier. Now, when a user opens the tab, he or she don’t have to enter a passphrase each time.
It’s worth reminding, that account in messenger called “ADAMANT” is being created only by 12-word passphrase, just like in most of the cryptocurrency wallets. No emails or phone numbers are needed. Representatives of ADAMANT call it the best way to use the messenger anonymous and secure, not depending on email services or mobile operators. So, earlier, each user use to often write his or her long phrase of words to log into the account.
What good is a password?
“Logout on tab close” is ADAMANT’s option by default (you can find it in Settings). It means that you have to enter your passphrase each time after closing the tab.
Previously, if you chose not to log out (unchecked the checkbox), the browser locally stored all the data on user’s device (including passphrase). When user opened the tab again, he was logged in automatically. It’s easier but less safe: an intruder could gain access to the account if he gets physical access to the device. Now ADAMANT’s PWA is safer — users with “Logout on close tab” option turned off will be required to enter the password.
In unpleasant case, when user will forget password, developers have noticed the mistakes of other projects in social networking or messaging sphere, by putting passphrase above all. Thus, you can reset the password with it when you need to.
Some technical details from introduced source code
It is hard to forget about geeks, so here are some details on how it works from inside:
When a password is assigned, PWA calculates the special pkdbf2 hash which is used for encrypting nacl.secretboxof passphrase and local user’s data.
Because of limitations of browser’s Local Storage, it was moved to IndexedDB. This allowed devs to increase the encryption speed.
It means, when a user is using password, the correspondence is stored locally and encrypted. Security of this data depends on the complexity of your password partly.
When you (theoretically) are not using a password, the web application will not be storing data on the device. But you should remember that data is always stored in your browser (in the Session Storage) while the application is working. It is cleaned when you’re closing the tab. However, in case of an unexpected power outage, it might not happen.
An important thing
Password is more convenient than a passphrase. But users have to use a really strong password if they want to get an adequate level of security. Intruders can capture password in unsafe environments or get it using social engineering. For such cases let’s remind ourselves about “Secure Messengers Do Not Exist” article in blog of ADAMANT, where everything is well-explained.
Also, here are some cybersecurity notes from the official release:

when you create a password, it is recommended to use a combination of upper and lower case letters, numbers and symbols;
do not use same passwords for different sites, apps and services;
do not use obvious passwords such as phone numbers, birth dates, names of relations or easy-to-remember keyboard combinations.

More security-logical rules:

When you use the PWA, you have to be sure that you trust your browser and OS;
In case of a power outage, user’s data (including passphrase) could be saved on PC or browser;
Physical access to your device is the real issue. Use passwords and lock all your devices when you’re not using them. Turn on encryption for hardware.

How to set the password?
If you will use this blockchain messaging application, here are some tips on how to set up the custom password, using this feature:

Go into the Settings:

2.  Use the “Logout on tab close” checkbox:

3. The window for setting a password will appear. Enter a strong password and accept the security agreement:
4. Now you can access the ADAMANT Messenger using a password if you close the tab:
5. Forgot your password? Use the link below to remove it (passphrase required).
When you log in using password, you are aware of the possible reduction of security level.
It is also recommended to find out more on ADAMANT Messenger Terms of Service.
This and other versions of apps can be found on the main site of the project: https://adamant.im/#adm-apps
The post New Features Update in ADAMANT Messenger: Login Into Web-App With Custom Password appeared first on Live Bitcoin News.

Crypto Year in Review: How Bitcoin Cash (BCH) Performed in 2018 and What Hides in 2019?

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Crypto Year in Review: How Bitcoin Cash (BCH) Performed in 2018 and What Hides in 2019?
What BCH actually resembled, is a spin-off intended to be more usable as a payments mechanism and this week has almost tripled from about $80 to $225. However, at the time of writing it was sitting at a price of $151.85, some 10% down in the past 24 hours. The Bitcoin SV variant isn’t doing any better, either, with its price falling to just over $85, itself some 8% down. That this is happening at the same time as a U.S. stock-market selloff will no doubt warm the hearts of crypto-evangelists, who believe their currencies offer genuine alternatives for where to put money in times of trouble.
After initially sprouting from Bitcoin in August 2017, Bitcoin Cash looked poised to tackle the growing problems cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) were facing at the time.
Bitcoin Cash is an attempt to increase the throughput of blockchain technology by increasing the block size to 32MB, allowing massively more transactions into each block compared to Bitcoin.
However, Bitcoin shortly followed up with its own temporary solution to the scaling issue — the Segregated Witness (SegWit) soft fork, which saw the Bitcoin blockchain gain a 60 percent throughput boost. This combined with the recent Bitcoin Cash hard fork has seen user sentiment fall dramatically as the blockchain struggles to find its feet.
This was until August 2018 when Bitcoin Cash got caught in a civil war, again over block size limits. The result was a split of Bitcoin Cash into two rivaling cryptocurrencies in November — Bitcoin ABC (backed by Roger Ver and Bitmain’s Jihan Wu) and Bitcoin SV (backed by Craig Wright) which would maintain block sizes of 32 MB and 128 MB respectively.
With the support of a majority of exchange desks, Bitcoin ABC became the new Bitcoin Cash (BCH) post the split, and Bitcoin SV became a separate cryptocurrency with the BSV ticker.
BCH/USD Performance Review Shows Bullish Aspect of BCH Toward the Years End
BCH opened for trading for the first time on August 1, 2017 at $294.60. By January 1, 2018, it was trading at $2,534.82 what is a 760 percent increase.
In January, BCH fell more than 26 percent to $1,772 and didn’t stop declining since until November 14, when it split into two cryptocurrencies.
BCH closed on $425.01 on November 14, and the two resultant cryptocurrencies were trading at $ 289 (BCH or Bitcoin ABC) and $ 96.50 ( BSV or Bitcoin SV) on November 15. This represented a significant market loss for BCH as the two cryptocurrencies combined couldn’t make up to BCH’s market price the day before.
Just for compare, in 2017, when BCH split from BTC, the price of the two cryptocurrencies combined was worth more than the price of BTC alone, resulting in a gain for BTC owners.
Major Events of 2018
After a decent start in 2018, listing on Coinbase’s cryptocurrency exchange desk GDAX in December 2017, the initial demand was so high that Coinbase had to abruptly disable its trading.
Soon after, fear over crackdowns in China and South Korea took over the cryptocurrency market, and BCH couldn’t escape the fate either, effectively ending its bull run.
In February, decentralized marketplace OpenBazaar added support for BCH on its platform. In March, Goldman-Sachs backed Circle, Abra, and Grayscale Investments began offering BCH on their platforms as well.
In July, US financial services company Robinhood also started offering no-fee trading of BCH on its mobile app.
In August, Bitcoin ABC announced a software upgrade for Bitcoin Cash with a smart contract feature to allow developers to build applications over its blockchain. This move was met with resistance led by self-proclaimed Bitcoin creator Craig Wright and cryptocurrency news website Coingeek, who launched their own Bitcoin Cash implementation called Bitcoin SV, with the aim of increasing scalability and transaction speeds.
The incompatibility of the two implementations ultimately resulted in a hard fork in November. After it happened, Bitcoin Cash began attracting mainstream attention when two competing software-development teams failed to agree on how to best update the code and ended up splitting the network. The fight was blamed for contributing to the biggest drop in eight months for Bitcoin, which Bitcoin Cash had split off from last year.
While BCHABC almost immediately became the longer chain, BCHSV saw support from exchanges, seemingly prepared to take over the entire network.
The Bitcoin Cash SV maintains the support of Coingeek owner Calvin Ayre; its blocks are mined by the Coingeek pool, SV pool, and BMG pool while Bitcoin Cash ABC is supported by Bitmain CEO Jihan Wu and has so far been mined by BTC.com pool, Bitcoin.com pool, AntPool, ViaBTC, and Waterhole.
On its Birthday, Bitcoin Cash has set its foot in 19 services, some of them being Bitpay, Coinpayments, Coingate, Coindance, Viabtc. It is also a part of 14 different projects, namely, JoyStream, OpenBazaar, Counterparty among others and is available on 41 exchanges, as stated by Alejandro de la Torre, the Vice President of Business Operations at BTC.com.
He also mentioned:
“Now entering its second year, BTC.com is poised to help the Bitcoin Cash community shift focus from investment, thinking only in terms of storing of value, to cash, thinking as a medium of exchange for merchants and consumers.”
What to Expect in 2019?
The next hard fork is going to take place in May 2019, which is giving major expectations to the BCH community. BCH ABC is introducing Schnorr signatures, which would be advancing the scaling properties, by reducing bandwidth and storage space by more than 25%. It even offers multiple advantages if the protocol is coupled with transaction tumblers.
Trading company Trading Beasts predict that 2019 might prove to be lucky for BCH and its price can move upwards to around $2703.17 by 2019 end.
Self-proclaimed Bitcoin Jesus Roger Ver predicts that Bitcoin Cash might be 2 times more valuable in a years time. Smartereum predicts that Bitcoin Cash might reach as high as $6700, which is around 500% growth in less than a year. Very optimistic are from Us Lifted who predict that the value of BCH might reach as high as $9,735 by the end of 2019. From Crypto Ground they think that Bitcoin Cash can plunge upwards and might reach $707 by the end of 2019.
Negative approach however, comes from co-founder of crypto fund Multicoin Capital, Kyle Samani who confirmed that after mass discharge of employees, Bitmain would liquidate its crypto-assets worth of $316 million, which could be bearish for Bitcoin Cash and Litecoin prices in 2019.
Crypto Year in Review: How Bitcoin Cash (BCH) Performed in 2018 and What Hides in 2019?

How to Start a Career as a Cryptocurrency News Writer

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How to Start a Career as a Cryptocurrency News Writer
According to statistics, some of the most popular cryptocurrency news websites generate millions of visitors per month, many of which even hit double digits. Blockchain technology and cryptocurrency as an integral part of blockchain became a hit among the general population as the year of 2017 was approaching its end and Bitcoin, the most popular cryptocurrency, reached a peak value.
The word about the galloping growth rate of digital currency spread across the internet like a wildfire, which became the reason why many content writers decided to focus on cryptocurrency news writing. This trend is still on the rise and many talented writers still try to figure out how to make a name for themselves in this expanding niche.
Career Paths
If you just decided to start a career as a cryptocurrency newsperson, you have a challenging choice in front of you.

You can start freelancing, which usually means start looking for a job through a freelance platform like UpWork or Freelancer.
Another way is to start building your portfolio by creating your own content and submitting it to portals related to cryptocurrency. Not all news websites accept submissions, so if this is the path you wish to take it’s not a bad idea to do some research.
The third option is starting your own blog and build your own audience. It’s never easy going against the world on your own, therefore, the third option requires a lot of work and social media engagement to promote your work.

Whichever path you initially take, it’s up to you to build your own road ahead and decide where you want to find yourself in the future.
Skillset
The hunger for profit and interest in a certain topic are not enough to become a writer, you should have a specific skill set that will enable you to produce quality content and attract readers. What’s even more important is the fact that once you acquire all the necessary skills, you need to constantly work on improving these skills and stay on top of the competition.
Writing skills are your number one priority. Crafting a piece of content takes a lot of time and devotion. Each news article should answer the following questions: Who/What/Where/When/Why. Your spelling and formatting should end on a high note, your vocabulary extensive, and creativity limitless.
Luckily, there are ways in which you can improve your writing and the quality of your content by hiring writing agencies to edit, proofread or enhance your text. Agencies like UK Best Essays, Australian assignment writing, EduGeeksClub Service, EssayWritingLab, or College-Paper are just some of many that could help you shape a compelling news story.
Furthermore, your writing should be objective and unbiased, as much as you agree or disagree with a certain argument, if it’s true you cannot dismiss it. Finally, your writing should be clear and focused on details so that a broader audience could understand the meaning of your words.
Research skills are bread and butter of every news writer. In order to write news, you have to know where to look for fresh stories, announcements, and sources to back up your claims.
Furthermore, it’s important to follow trending research keywords. Google is your best friend if you want to check out what are the hottest topics related to your niche. In addition, it’s always a smart idea to follow the most influencing portals and blogs that consider cryptocurrency – that’s where you’ll find the latest information and gather inspiration for your own topics. Good research skills will also allow you to pinpoint the stories that truly matter so you can actually bring value to your readers and make a difference in their lives with the news you deliver.
Marketing skills are essential for any up and comer disregarding the industry. You can be the best there is and nobody will notice that fact unless you’re able to represent yourself in the most suitable manner. Sure your texts are the best promoter, however, you have to convince the editor that you are the right fit for the job, in case you decide to start your writing career “working for the man”.
Ability to adopt new knowledge is also important as cryptocurrency is part of the ever-advancing tech industry. You should be able to learn quickly and use the knowledge to generate information that anyone could understand which is impossible unless you fully understand what you want to write about.
Conclusion
Starting a career is never easy, there are a lot of important decisions to be made, a lot of new things to adapt and old ones to leave behind. However, through hard work, dedication, and some talent you can start your career and see it through all the way to the top.
How to Start a Career as a Cryptocurrency News Writer

Cardano Price Analysis: ADA/USD Trends of December 28–January 03, 2019

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Cardano Price Analysis: ADA/USD Trends of December 28–January 03, 2019
Key Highlights:

The bears were returning into the Cardano market;
Cardano price experienced 50% fib. retracement;
the price may return to its previous low.

ADA/USD Price Long-term Trend: Bearish
Supply Zones: $0.042, $0.050, $0.058
Demand Zones: $0.032, $0.027, $0.022ADA/USD turned to bearish trend on the long-term outlook. The bullish trend is not fully resumed until ADA price rally above the two EMAs. The last week bullish momentum of ADA price could not break and close the bullish candle above the supply zone of $0.050 and the 50-day EMA barrier. So, ADA made the two barrier zone as its turning point. As it can be seen on the daily chart with Fibonacci retracement, Cardano price had almost 50% retracement and it seems the price is returning to its previous low.
The cryptocurrency is trading currently below 21-day EMA and 50-day EMA after the bears’ momentum had broken down the price level of $0.042 and the two EMAs, that is to say, that ADA is under bear’s pressure. Should the bears maintain their momentum on ADA market and breaks down the price level of $0.032, Cardano price will use its previous low as its target. Meanwhile, the Stochastic Oscillator period 14 is at 50 levels with its signal lines pointing to the south, which indicates a strong sell signal.
ADA/USD Price Medium-term Trend: Bearish
Cardano is on the bearish trend on the medium-term outlook. The higher highs movement made by the bulls last week on the ADA market 4-Hour chart was terminated by the bears at the $0.05 supply level. The bearish engulfing candle formed at the price level signal the return of the bears with high pressure into the ADA market. The more strong and massive bearish candle was formed which penetrated the two EMAs downside and dropped Cardano price below the $0.042 price level.
Cardano is currently trading under the 21-day and 50-day EMA. The 21-day EMA is about crossing the 50-day EMA downside as an indication of bears’ pressure. The Stochastic Oscillator period 14 is at the oversold level which indicates that ADA price may fall further.
Cardano Price Analysis: ADA/USD Trends of December 28–January 03, 2019

Analyst Says One Form of Crypto Will Be Left Standing

One analyst believes that most forms of crypto will die out, leaving only one or a few to dominate the market.
Bitcoin has lost a whopping 77 percent of its overall value since reaching nearly $20,000 last December. At press time, it’s trading for just over $3,700, and many other cryptocurrencies have joined in bitcoin’s descent.
Crypto is Continuing Its Trek Down
Ethereum, for example, was trading for just over $1,400 last February, though at the time of writing, one ether token is worth less than $80, having lost more than 90 percent of its value. EOS has also lost virtually all its gains from the previous year, while bitcoin cash – once trading for nearly $4,000 – is now struggling at a meager $165.
Jon Markman – a financial writer for Forbes – credits cryptocurrencies’ drops to something not widely covered by other analysts. He comments that developers have worked hard to create new currencies, when in fact, currencies should not be created at all.
Bringing new cryptocurrencies into the mix has ultimately led the digital asset space into something of a dot-com era. As more digital assets enter the space, the more saturated it has become. Some altcoins serve less purpose than others or are less established, and thereby simply crowd up the industy without contributing much to its legitimate growth. He claims that the crypto space is “overly supplied” with new assets that simply have no place among high-ranking assets like bitcoin.
But others are taking things further. Bill Harris, the former CEO of PayPal, claimed last August that bitcoin was something of a scam, and four months later, he’s sticking to his guns. He believes bitcoin is a pump-and-dump scheme, which may have contributed to the sudden price falls following the end of 2017. Promoters ultimately pushed bitcoin further than anyone expected, and right when it reached its peak, things began to fall quickly. These promoters allegedly began dumping their stashes, and investors where left taking the brunt of everything.
Time to Clean House for One
Markman doesn’t quite agree with this. While he believes that most altcoins will ultimately disappear, he’s all for the idea of having a single digital currency used by nations. He also believes that eventually, organizations like the Securities and Exchange Commission (SEC) will “round up” the fraudsters infecting the cryptocurrency space and put them away for good, allowing currencies like bitcoin to take over completely.
If this happens, bitcoin will become far more valuable than it is today. Despite everything, maybe HODLers still have the right idea after all.
Will bitcoin eventually be the last cryptocurrency standing? Post your comments below.
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The post Analyst Says One Form of Crypto Will Be Left Standing appeared first on Live Bitcoin News.

India Allegedly Planning to End Its Crypto Ban

Could India potentially put an end to its present crypto ban? According to the New India Express, the answer might be “yes.”
The publication recently stated that an interdisciplinary committee created by the Indian government has had several meetings regarding cryptocurrency activity in the country and is allegedly in favor of both regulating and legalizing cryptocurrencies rather than fully banning them.
Will Crypto Come Back to India?
An anonymous senior official explained to the publication:
“We have already had two meetings. There is a consensus that cryptocurrency cannot be dismissed as completely illegal. It needs to be legalized with strong riders. Deliberations are on.”
India first sought to ban the sale and trades of cryptocurrencies in April of 2018. The nation’s central bank – the Reserve Bank of India (RBI) – made the announcement in its first policy statement for the fiscal year, citing volatility and cyber theft as the primary reasons as to why banks would no longer be permitted to work with firms or agencies that dealt in cryptocurrencies.
The bank stated:
“In view of the associated risk, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or selling [virtual currencies].”
Many blockchain and crypto-based businesses took offense to the notion of a potential crypto ban throughout the country. Sathvik Vishwanath – co-founder of Unocoin – explained:
“No other player in India was foreseeing this, and it comes as a shock. People are trying to exit as they feel they won’t be able to cash out after three months. Selling volumes in bitcoin are as high as 1.5 times in a single day and the price has gone down by ten percent of what it should ideally be.”
This presents something of a two-sided coin in the sense that while the ban was set in motion roughly eight months ago, the interdisciplinary committee was created just a year earlier. Why would India design a body to manage cryptocurrencies if it was planning to shun them?
The organization is composed of representatives from other government associations, banking platforms and “relevant agencies.” Allegedly, the committee’s original goal to was to ban private currencies circulating regularly in India, though this stance appears to be softening.
Another meeting is already scheduled for January. The Committee has also been ordered by the country’s supreme court to provide clear legislation regarding cryptocurrency exchange operations by February of 2019.
Moving Forward in the Crypto Space
The anonymous official explains:
“We have also taken inputs from cryptocurrency exchanges and experts and we will be examining legal issues with the law ministry. It’s a complicated issue. Once all aspects are decided, then we will have more clarity.”
Will India move forward with allowing crypto trades? Post your comments below.
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