Tips Every New Cryptocurrency Investor Should Know

Tips Every New Cryptocurrency Investor Should Know

You’ve probably already asked yourself some of the following questions: Is it too late to get started? Did the Bitcoin bubble really burst? What are the chances to succeed? What are the best tips to follow? We are about to answer all of these and give you some tips that will surely help you in your endeavour.
We are sure you’ve noticed the prolonged bear market cryptocurrencies have been facing the past year, with November 2018 being the worst month for Bitcoin since 2011. Thus, despite the recent significant drops, cryptocurrencies are far from being finished, and it’s definitely not the right moment to stop investing. In fact, the security platform SharesPost reported that 72% of cryptocurrency investors are planning to buy more holdings in the next year. More and more stores and online casinos now accept payments in these virtual currencies and this makes everyone really happy.
In order to make sure you have a great start in your adventure, make sure you:
Follow Your Instinct
In the world of cryptocurrencies, 2 voices are making themselves heard over all the rest. The Media along with some financial sectors which preach about the negative effects of the digital currencies and the population who embraced the financial prospects and practical applications of virtual currencies. Instead of allowing any of these parties to influence you, do your own research and make the best strategy for yourself and your goals. There is no recipe that suits everyone’s needs.
Expect The Unexpected To Happen
The significant volatility that exists in cryptocurrency markets cannot be ignored. Experienced investors are accustomed to huge price changes. This kind of swings is rarely encountered in traditional markets. By mentally preparing for these unfavourable investment performances, the intelligent crypto investor will be able to act rationally instead of emotionally in times of unexpected price drops.
Opt For An Alternative Email Account
The use of a regular email account places an investor, regardless of the level of experience, at an unnecessary risk of exposure for a data breach. To overcome the possibility of something bad to occur, it is recommended to create a unique account just for trading, especially with added two-factor authentication password security.
No matter what, ensure that two-factor authentication is utilized for every service you use the email for. Also, when setting up your accounts, be sure to select a unique username and password that have no personally identifiable information. This way, you avoid the possibility for the would-be hackers to trace the information back to you.
Avoid Storing Your Digital Currency On Mobile Wallets
Storing or trading large sums of any type of cryptocurrency, via mobile phone is simply too great a risk. Mobile phones face a higher risk of being compromised electronically or physically. Although they might be more convenient, this fact should not surpass the security concerns.
Becoming a cryptocurrency investor is a difficult path that comes with many. Hopefully, these tips are going to help you get started, gain more confidence in yourself and create your own strategy for success.
Tips Every New Cryptocurrency Investor Should Know

MIT Technology Review: Blockchain to Become Mundane in 2019

MIT Technology Review: Blockchain to Become Mundane in 2019
The blockchain technology is surrounded by endless discussions, as its popularity is increasing and adoption is becoming mass. However, some do not believe that blockchain is the technology of the future. Among such skeptics is MIT Technology Review, an independent magazine owned by the United States Massachusetts Institute of Technology (MIT).
On January 2, MIT Technology Review published an article, providing an overview of the recent history of blockchain and explaining why it will start to become mundane in 2019.
The article begins as follows:
“In 2017, blockchain technology was a revolution that was supposed to disrupt the global financial system. In 2018, it was a disappointment. In 2019, it will start to become mundane.”
According to MIT, blockchain will become ‘normal’ this year due to big corporations that have great plans. For example, Walmart, which has been testing a private blockchain system for years as a food supply tracker, will start using the system next year and has instructed its suppliers of leafy greens to join by September. Further, the article mentions such Wall Street players as New York Stock Exchange (NYSE) owner Intercontinental Exchange (ICE) and investment giant Fidelity Investments.
“Meanwhile, on the cryptocurrency side, Intercontinental Exchange (ICE), the owner of the New York Stock Exchange and one of the most influential players on Wall Street, plans to launch its own digital asset exchange in early 2019. And Fidelity Investments recently created a new company called Fidelity Digital Assets.”
MIT also pays attention to security and smart contracts. According to the article, improvements in smart contract technology will enable its use in multiple legal contexts, which will make the crypto adage “code is the law” one step closer to becoming an accepted reality.
A prime example of successful use of smart contracts is a startup Chainlink which teamed with academic researchers at Cornell to create the first “provably secure, decentralized oracle network.”
“Chainlink has partnered with a project called OpenLaw, which is developing simple smart-contract-based legal agreements (for example, an agreement between a worker and a company). And OpenLaw has partnered with Rocket Lawyer, a popular online service that lets users create their own legal documents. The idea behind the collaboration, according to Rocket Lawyer’s CEO, Charley Moore, is to use smart contracts to track the rights and obligations in legal agreements (like a freelance contract) on the blockchain and, once the contract’s conditions have been met, automate payments using cryptocurrency.”
Finally, MIT Technology Review considers state-backed cryptos, like Petro, and claims that the discussion around them will heat up, as “cash use continues to decline around the world and new payment technologies, including cryptocurrencies, improve”.
The article also points out that International Monetary Fund (IMF) head Christine Lagarde supports central bank-backed cryptocurrencies (CBDCs) and believes that state-backed digital money “could reach more people, and offer better security, privacy, and consumer protection, than private cryptocurrencies or commercial payment technologies.”
All the examples provided by MIT Technology Review show that the crypto industry, constantly stirring up our interest, is laying the foundation toward mainstream adoption.
MIT Technology Review: Blockchain to Become Mundane in 2019

Stellar Price Analysis: XLM/USD Trends of January 03–09, 2019

Stellar Price Analysis: XLM/USD Trends of January 03–09, 2019
Key Highlights:

Ranging movement is ongoing in the Stellar market;
the coin is trading below the two EMAs;
the bulls may take over the market.

XLM/USD price Long-term Trend: Ranging
Supply levels: $0.12, $0.13, $0.15
Demand levels: $0.10, $0.09 $0.06Stellar price continues on the ranging trend on the long-term outlook. Last week, the coin was moving sideways within the range of $0.13 and $0.12 supply levels. XLM price obeyed the bearish pressure and declined to $0.10 demand level. Another consolidation started from there which is within the range of $0.12 supply level and the demand level of $0.09.The 0.12 former demand level was broken downside together with dynamic support of 21-day EMA.
The coin was formerly trading on the 21-day EMA, that is between the two EMAs but now it has moved to trade below the two EMAs. The MACD period 12 with its histogram is above the zero levels and the signal lines pointing upward below zero levels indicates that the coin may likely break up the upper range level. In case the lower level of the range is broken downside by the bears, $0.09 may be its target.
XLM/USD Price Medium-term Trend: Ranging

Stellar is in a sideways movement on the medium-term outlook. The bulls could not sustain its momentum after reaching the high of $0.14. The bears took over the market and the coin was pushed down and found its support at $0.10; the coin continues moving sideways within the range of $0.12 and $0.10 for days.
A close of a big bullish candle above the $0.12 or a clear penetration of a bearish candle below it is expected. In case the coin closes above $0.12 supply level, wait for a correction to buy and take your profit at $0.13 with your stop loss at $0.10, but should there be a breach below $0.10, wait for the pullback and place sell position with taking profit at $0.09.
The two EMAs are interwoven with the Stellar price moving around and over the two EMAs which indicates ranging movement is ongoing. The MACD is above the zero levels with the signal lines point up indicates buy.
Stellar Price Analysis: XLM/USD Trends of January 03–09, 2019

Competitive Platform by MobileGo Team Shows How to Make Good Playing Games

Competitive Platform by MobileGo Team Shows How to Make Good Playing Games
While it may seem that everything possible in the gaming industry has been already invented, designed and created, some teams still have something new to offer and MobileGo team is a good example. Its Competitive platform, the beta version of which is currently available, is here to offer new opportunities and experience for a wide audience.
Main Idea of Competitive Platform
According to the team, their main goal is to provide users with access to casual games that they like. At the moment there are 5 games but it is planned that in the future this list will become longer. Users can play games and participate in a variety of tournaments.
Product Owner of the Competitive platform states:
“Mission and vision of our project are to entertain users providing them with casual games that they can play and by playing games and participating in the tournaments gamers can do some good.
Honestly, it is created for users to have a place where they can play their favorite games. Now there are 5 casual ones and we will add other titles in the future. There can be a lot of MGO or GShare Gold, or another stuff for them for free. And also they can use the received winnings or just an activity to support a charity organization, and so on.”
While some features are free of charge, some others are available for a fee to be paid in the GShare Gold or MobileGo currencies (MGO tokens) that can be also won as prizes in games.
To take part in the GShare tournaments users need to pay a fee in GShare Gold but prizes can be received in both above-mentioned currencies:
“Currently, you can take part in the GShare tournament only by paying a fee to GShare Gold, so GShareGold is used in our special system for participating in tournaments.”
Nevertheless, in the future, the team will add more opportunities for token holders. Users can allocate their funds not only for gaming stuff but also for supporting a charity organization, making donations and helping those who are in need.
As for the plans for the development of the project, the Product Owner told:
“We will integrate more and more systems to meet the needs of the charity, so that users during the game can do more goods, and donate, and support more diverse charity events.”
Who will Enjoy the Project
The platform is intended for a very wide audience without age, gender or status limitations. As the team notes, there’s no clear answer who is the precise targeted audience:
“There is no clear answer. We plan to get casual players, so it does not matter if it is a child, an adult or an elderly person. Anyone who is basically a gamer or wants to try his hand at the game, does something in this whole ecosystem. This is basically what we aim to do. So there is no age or other limit.”
While it offers casual games, the team expects to see users of all ages starting from children and ending up with elderly people. In the ecosystem, there is a great range of activities not only for skillful gamers but also for those who just want to test their skills in gaming.
Meanwhile, it is clear that when we speak about platforms like that there are always two parts of the audience: gamers and developers. And while the team tries to attract as many players as possible, at the moment the platform is entirely occupied by only one developer – Xsolla team. Nevertheless, in the future, there will be a possibility to integrate games of some other developers as well:
“We have a publisher account, which is now entirely occupied by Xsolla, but if any other company comes and says, “We want to integrate our game with you,” my team will do everything for integration, if it is possible.”
What Changes Competitive Platform will Bring
According to the team, their general idea to show people how they can do good in many ways. A long-term aim of the project is to show gamers that they can play their favorite games just for entertainment and do good simultaneously, to persuade the entire gaming industry that all together people can change the world.
Even children and teenagers who do not have their own income can win money in tournaments on the platform and donate them to the organization that helps people beat cancer, for example.
Speaking about the peculiarities of the project, the Product Owner stated:
“This is the first time you can play games and do good, without visiting a specific website, making donations and so on. You just do something that entertains you and make a personal contribution to a good cause – and that is valuable.”
Of course, people can donate money to some organizations directly but in this case, they need to visit special websites or use banking services, on the Competitive platform created by MobileGo team everything is much easier. It is just enough to participate in the tournament and get GShare Gold that can be taken as a prize or given to charity.
Competitive Platform by MobileGo Team Shows How to Make Good Playing Games

51% Attack Might be Approaching Bitcoin Cash Network, and Here’s Why

51% Attack Might be Approaching Bitcoin Cash Network, and Here’s Why
According to the data from Coin Dance, China-based private entity BTC.TOP took over as much as 50.2% of the entire Bitcoin Cash network and contributed the hashrate of 679 Peta-Hash per second against other major competing pools including (257 PH/s), ViaBTC (215 PH/s), AntPool (125 PH/s), and (187 PH/s).
While it could happen due to various factors, it did show how the BCH network is actually very prone to a 51% attack scenario as well as how centralized it is.
The Roger Ver-led blockchain project has been criticized by Bitpico before for failing a “stress test”. Evidence showed that 98% of all the Bitcoin Cash nodes were sitting on the same server rack which exposed the coin to seizures and security threats.
Moreover, Alex Simons, the identity division chief at Microsoft, recently found out that increasing block size was a threat to decentralization and solutions like Lightning Network.
He said:
“While some blockchain communities have increased on-chain transaction capacity (e.g. block size increases), this approach generally degrades the decentralized state of the network and cannot reach the millions of transactions per second the system would generate at world-scale.”
Just for a reminder, Bitcoin Cash, which forked from BTC in August 2017, was set to undergo its own hard fork in the middle of November. In anticipation of the free coins that would be produced in the split, investors began hoarding BCH, driving the price up double digits in the span of several days. However, rather than waiting until the split to occur, the market responded with uncertainty and confusion, leading to a sudden sell-off in BCH which plummeted the coin’s price. The severe correction for BCH extended to the majority of the market, leading Bitcoin and altcoins to suffer in the fallout.
The week that followed BCH’s hard fork, splitting the coin into Bitcoin ABC and SV, led to even more contention in the marketplace with the “hash war” that was spawned. The market responded predictably, falling to even lower prices and leading BTC to its worst month of losses in seven years.
According to a report out of Bloomberg, investors were stockpiling BTC just ahead of the most recent market crash in November, a movement that could have been catalyzed by the actions of Bitcoin Cash and its contentious hard fork from Bitcoin SV.
Bitcoin was showing signs of renewed popularity just before it suffered its worst monthly price drop of the year in November, according to data released Wednesday by researcher Chainalysis. It found Bitcoin’s 30-day moving average of flows to personal wallets was on the rise, surpassing $400 million by Nov. 1 from less than $300 million in June.
However, it seems quite obvious that the Bitcoin Cash team should upgrade their capability to ensure their network can’t easily be controlled by a single entity.
Since in a worst-case scenario, if mining pools decide to combine their hashrate output, they will be powerful enough to reverse confirmed transactions, prevent transactions’ confirmation or perform double spending, as how it happened with Bitcoin Gold last year.
As a reminder, Bitcoin Gold’s network experienced a 51% attack for a couple of days, during which the attackers successfully stole around $18 million worth of BTG tokens.
At the end of the last year, Bitcoin’s mining difficulty has dropped more than 9 percent as the fallout of the prolonged market rout continues. Despite a recent recovery that has taken bitcoin above $4,000, miners are still finding it difficult to remain profitable.
51% Attack Might be Approaching Bitcoin Cash Network, and Here’s Why

Japanese E-commerce Giant DMM Quits Crypto Mining

Japanese E-commerce Giant DMM Quits Crypto Mining
A little bit more than a year ago crypto mining achieved enormous popularity. Individuals were creating their private mining farms, entrepreneurs were opening new mining companies and already existing enterprises were launching new divisions to deal with Bitcoin mining.
But now when the market situation has changed, numerous companies have taken a decision to shut down their mining activity. One of the companies that also was affected by this trend and then was obliged to quit this business is Japanese e-commerce conglomerate Ltd.
Back to 2017: Mining Farm
In September 2017, DMM, one of the largest e-commerce sites in Japan, announced its plans to launch a large-scale cryptocurrency mining farm. It also revealed its goal to become one of the world’s top-10 major mining farms by the end of 2018 and then to occupy a position among the top-3 largest mining farms.
The company was going to mine the major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). And in February 2018, it began its mining activities at a large-scale farm in the city of Kanazawa, the capital of the Ishikawa Prefecture.
Some months later, in April, there were even plans to open a so-called showroom to demonstrate how 1,000 mining machines on a 500 square meter site were working. Nevertheless, due to security concerns and theft risks, the decision was reversed.
Declining Profitability of Mining Business
Though some time ago it seemed that crypto mining would thrive forever, these forecasts haven’t been translated into reality. The feasibility of operating large-scale mining farms has decreased dramatically pushing companies to take serious measures.
As it has become known, DMM is going to dismantle mining operations. It is believed that this decision was taken in September 2018, nevertheless, the initial steps to quit this business, including selling the mining hardware owned by the company, are scheduled for the first half of 2019.
According to DMM, currently, it is not the best time to try to encourage new cryptocurrency traders to join the industry due to the ongoing bear trend and people’s fear to become victims of hackers (as it occurred at the beginning of 2018 with Coincheck clients). As a result, it has become practically impossible for large mining farms operators to survive.
Nevertheless, there is no information whether DMM is going to close its regulated cryptocurrency exchange that was launched a year ago.
Other Companies Quitting the Game
It’s also worth mentioning that DMM is far not the first company to quit crypto mining these days. Just some days earlier, Japanese internet giant GMO Internet Group informed that it would cease developing, manufacturing and selling Bitcoin miners due to high losses in Q4 2018.
In general, according to officially revealed data, at least 100,000 individual miners have shut down since early September 2018.
Japanese E-commerce Giant DMM Quits Crypto Mining

What Trends are Ahead for Crypto Industry in 2019?

What Trends are Ahead for Crypto Industry in 2019?
The 2018 downtrend has shaken a lot of people out of the market. Some people have used the opportunity to learn more about what this new industry is all about. Now we are seeing rising use of the term “buidl,” which is a variant of “hodl” but means to do something to grow and develop the blockchain ecosystem.
Institutional entities both private and public have helped to pump the brakes of the cryptocurrency trend, which they’d largely been unable to do in previous years. However, regulations also help to define the path for cryptocurrency in the future – and it’s an optimistic one.
The coming year should see some trends in crypto regulation play out that provide a more rose-colored lens through which to view the market, when compared with 2018.
We at CoinSpeaker thought it will be good to watch for these developing trends:
1. SEC Progressing in Efforts to Define New Digital Currency Regulations
The U.S. Securities and Exchange Commission (SEC) has been investigating illegal securities offerings and scammers in the ICO market.
Some experts suggest that most of the ICOs can be considered securities offerings. In order to avoid this calcification, some ICOs adopted the term ‘security-token.’ There are also major efforts on both a national and international level to reach a consensus on how to define and deal with the new world of digital currencies. Expect ongoing working groups to publish supportive whitepapers that lead to a global consensus.
The ICO phenomenon has raised over $22 billion in the past few years with very little in the way of major accomplishments, aside from fraud and failed projects. Regulators have gone on the attack to jail the offenders, and lawyers are looking for the high ground. Expect many new issuances to be “security compliant”. If exchanges want U.S. customers, they will heed this trend, as well.
2. Stablecoins Continuing to Be a Thing
Maybe more of an ongoing trend, but it seems as if stablecoins will continue to be a thing in 2019. Even more perhaps with the recent news confirming that Tether packs some solid dollar bags at their Bahamian bank or the latest reports regarding Facebook’s launch of a stablecoin in India.
3. Blockchain ICO Consolidation, as Winners and Losers Emerge
The phrase “consolidation” has been bandied about during 2018, but it is a trend that will be healthy for the industry. One reporter, who characterized the present as being reminiscent of the early 2000s, said:
“Things always get interesting when the fast-buck fools flee for higher ground.”
The incubation period is over. Projects that are getting better at what they do will move ahead. The stragglers will fail and close their doors or be acquired. However, there is a question will STOs replace ICOs?
Amazix head analyst Jose Macedo believes the security token offering (STO) will become the standard model most crypto-based projects deploy.
He said:
“While utility tokens are far from dead, what the industry has now realized is that few of these token economic models actually made sense in terms of long-term value capture. As a result, we’re seeing a lot of projects come to us looking for help in either launching their STOs or restructuring their ICOs as STOs.”
4. Bitcoin Futures Taking the Next Step
Major exchanges such as Bakkt and the NASDAQ are preparing to open futures contracts offer a new service with new implications. Bakkt, owned by Intercontinental Exchange, which also owns the NYSE is a futures trading and storage platform for crypto contracts. Many expected that the exchange would launch in Q4 2018, but now the date has been tentatively set for mid-2019.
At the same time, NASDAQ is also planning to offer Bitcoin futures trading to investors in the market. Fidelity Investments is also working on a new cryptocurrency platform that would allow firms to enter the crypto space.
Other crypto exchanges and companies are also investing in creating platforms for institutions. Some of these companies are Coinbase or eToro.
5. Decentralized Credit Networks Taking Off
Decentralized credit networks made huge strides in terms of infrastructure development. The tools necessary to facilitate collateralized loans, social credit, and open finance have been fine-tuned and proven to work. 2019 will be when they scale up and start to serve the sort of users they were envisioned for – global citizens who’ve been excluded by the current financial system.
Crypto debt markets and credit networks will be bolstered by the growth of projects like Dharma Protocol, GEO Protocol, Nexo, and Maker DAO. 2018 was all about ETH, but in 2019 Maker will accept BTC, ERC20s and other crypto and non-crypto assets.
6. Custodial Services To Be Created
Institutions are waiting for a safe environment to enter the cryptocurrency world. They are waiting for custodial services to be created. Many big players are working on such services to help institutions to enter. One of them is BlackRock who currently manage a modest amount of $6,28 trillion. They are not alone, the worlds biggest cryptocurrency exchange Coinbase and Goldman Sachs are other examples that are working on similar products. We are not there yet, but the infrastructure is being built in front of our eyes.
What Trends are Ahead for Crypto Industry in 2019?

New York Establishes the ‘Pioneer’ US Cryptocurrency Task Force

New York Establishes the ‘Pioneer’ US Cryptocurrency Task Force
The State of New York announced that it is officially launching a cryptocurrency task force. The state’s attempt to understand cryptocurrency markets and all their underlying blockchain technology inspired this move. Last month, Governor Andrew Cuomo signed a bill authorizing the creation of this task force.
The announcement was made by Assemblyman Clyde Vanel who is a major sponsor of the bill. In his press release, issued on Wednesday, Clyde explained that the task force has the mandate to study blockchain technology. They will all study cryptocurrencies and all other digital currencies to determine the best regulations for the new market.
As we explained earlier that 2019 may be the year of crypto regulation, it seems New York has taken the lead towards that. The task force will feature institutional and retail investors, technologists, enterprises and academics representatives, and consumers.
The state Senate, Assembly, and Governor Cuomo will appoint members of this task force. The panel will table their reports on the new technology by December 15, 2020.
Tech Reports
The required reports will feature proposals on how the state may best regulate, utilize, and define cryptocurrencies. Also, the task force will determine the cost of mining cryptocurrencies, how crypto trade is done within the state. The effect of the new technology markets on tax collection is also a major concern for the state government.
New York already created a landmark regulation around the crypto businesses summarized in the controversial BitLicense. Since the regulation was introduced four years ago, only 14 licenses have been granted. Vanel’s press release acknowledged that the crypto space has changed considerably since the introduction of this regulation.
The report will also document the effect of regulations on the development of blockchain and digital currencies within New York. Various commentators agree that the blockchain technology will impact finance and most other global industries in the future. Vanel commented:
“New York leads the entire country in finance. We will also lead in appropriate fintech regulation. The task force of experts will help us strike the balance between a robust blockchain industry and cryptocurrency economic environment. While at the same time, protect New York investors and consumers.”
First Understand, and Then Regulate
Vanel proposed the creation of this task force in late 2017. He went ahead to introduce the bill in December 2017 together with several other measures. All these efforts aimed at enabling the state government to understand blockchain and cryptocurrency technologies and their possible uses. Fellow Assemblyman Ed Ra noted that:
“New York must suitably balance consumer protection with creating an excellent environment ripe for investment and innovation in New York State. Summoning experts and stakeholders is a good step forward and I thank Assemblyman Vanel for this intelligent leadership on this issue.”
Lawmakers agree that they need to understand cryptocurrency before trying to regulate it. The U.S. House of Representatives also passed a bill last year proposing a similar task force to focus on financial crimes. Currently, this bill is waiting before the US Senate. Other states opening up to the immense potentials of the blockchain technology include California and Ohio.
New York Establishes the ‘Pioneer’ US Cryptocurrency Task Force

Mike Novogratz Ups His Shares of Galaxy Digital Now Owning almost 80% in Total

Mike Novogratz Ups His Shares of Galaxy Digital Now Owning almost 80% in Total
While the crypto community is still under the pressure of the bear market, ex-Goldman Sachs partner, Bitcoin bull Mike Novogratz remains rather optimistic about the future of cryptocurrencies.
Though his forecasts about Bitcoin reaching $10,000 by the end of 2018 didn’t manage to be translated into life, he still believes that we could see significant institutional money flow in the first half 2019 which would have a positive influence on Bitcoin price.
What’s more, as it has become known, Novogratz has taken a decision to increase his shares of a crypto-focused merchant bank known as Galaxy Digital that he founded.
Galaxy Digital Shares
Mike Novogratz is the founder and CEO of Galaxy Digital Holdings Ltd. And now, according to the reports, he owns 221.2 million ordinary shares of the company. It means that he controls almost 80 percent of Galaxy which trades on the Toronto Stock Exchange’s TSX Venture Exchange starting from the 1st of August, 2018.
Earlier, Novogratz owned 213.7 million Class B limited partnership units, which means that previously about 76.6% of ordinary shares was under his control.
As it has been recently revealed, the CEO acquired his 7.5 million new shares, which represent 2.7 percent of issued and outstanding ordinary shares, at a cost of 7.42 million Canadian dollars ($4.8 million).
Owning 221 million shares of New York-based Galaxy Digital, Novogratz is the company’s single-largest shareholder.
Galaxy Shares Price
Though due to the regulatory requirements, Galaxy Digital Holdings is not listed on a US stock exchange, since August 2018 the company has been trading on Canada’s TSX Venture Exchange. But it is too small to be listed on the main Toronto Stock Exchange.
Nevertheless, news about Novogratz’s shares resulted in some significant intra-day changes in Galaxy Digital’s stock price. Just in a day, Shares of Galaxy Digital increased by 36 percent.
But it’s worth mentioning that the previous year was a rather difficult one for Galaxy Digital. In the context of the bear trend on the digital asset market, the shares of Galaxy lost almost 20 percent in 2018.
Moreover, due to a very significant decline in Bitcoin, Ether and XRP prices, the losses of the crypto bank for the first nine months amounted to $136 million.
Novogratz’s Vision
But despite all these negative tendencies, as we have already mentioned, Novogratz still insists that in 2019 we will see new Bitcoin record highs that will be driven by a new wave of institutional investments.
He says that cryptocurrencies and their underlying technology will successfully continue their way to the mainstream acceptance, the only thing that is needed is time.
To prove that he is serious about his predictions, he has decided to expand his stock portfolio even in the current market conditions which seem to be not very crypto-friendly.
By the way, Novogratz is not the only ex-Goldman Sachs top executive who is now a member of Galaxy team. A number of them have been joining Galaxy since February 2018 when Novogratz managed to raise $250 million to finance his project.
Mike Novogratz Ups His Shares of Galaxy Digital Now Owning almost 80% in Total

Small Step for Noah, a Giant Leap for the Industry: Resort Gets Ready to Accept Crypto

Noah Pay – a breakthrough application for crypto payments, has been officially announced by the Noah Project this week. Using the app, it will be possible to book accommodation, flights and in general purchase any goods and services with Noah Coin.
In spite of the fact that digital money gains more popularity and people even would like to have at least part of their earnings paid in cryptos, it is still quite difficult to freely use virtual coins. The Noah Project is one of those ambitious innovators that do really important things and are ready to change the world. The project team is now building Noah City in Horizon Manila where crypto owners will be able to spend their funds, creating a chic travel paradise Noah Resort, and developing hi-tech remittance solution.
Earlier this year, the company launched Noah Wallet to make transactions faster,  convenient and secure. Today, the project is glad to present its new product to the public – Noah Pay.
Noah Pay is a blockchain-based application that will allow crypto holders to purchase any goods and services for digital money. It is a very simple, user-friendly, and interactive assistant making it possible to carry out transactions and do shopping with cryptocurrencies just in one click. Noah Pay makes this process instant, transparent, safe, and borderless.
“In our opinion, the market lacks such solutions that can eliminate the barrier between population and advanced technologies and promote their mass adoption. We are sure that our application will accelerate usage of cryptocurrency payments and allow people to take full advantage of them in real lives,” the Noah team stated.
How does Noah Pay work? The application will be available on smartphones, tablets and other devices. Users need only a login and password to start dealing with digital payments and buy anything they want with cryptocurrency. For now, only Noah Resort’s services are available but the developers plan to expand the list of products. For the moment, customers can pay with Noah Coins, the internal project token. In future, Noah Pay will offer other cryptocurrency options as well.
Interface of Noah Pay
The project has already made significant progress on the international blockchain arena. In addition to the development of Noah Wallet and Noah Pay, the company cooperates with such payment gateways as PayRemit and CoinPayments, as well as listed Noah Coin on seven large exchange platforms (HitBTC, Changelly, BTC-Alpha, Mercatox, LiveCoin, YoBit, and Ataix).
The achievements of the venture also drew attention of the Philippines’ Department of Science and Technology that coordinates scientific and technological efforts targeted at facilitating economic growth in the Philippines. The department’s specialists have recently visited Dakak to explore blockchain together with the Noah team.
Travelers will be the first to enjoy Noah Pay and the unique experience it offers. Later on, the project plans to expand the application functions far beyond tourism, involving new merchants and customers worldwide. Indeed, Noah Pay promises to become a game-changer in the industry and help innovations to deeply penetrate into the lives of both – clients and businesses.
About the Noah Project
The Noah Project is developing a perfect crypto ecosystem including Noah City, Noah Resort, and remittance platform driven by blockchain. The main idea of the venture is to gather traders, travelers, customers, and other people interested in breakthrough technologies in the crypto-friendly place where they will be able to manage their finance in an easier, faster, cheaper, and more secure way.
To learn more about the Noah Project, visit the official website, follow the project on Facebook and Twitter, as well as join the Telegram chat.
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