Blockdaemon, a blockchain platform that provides easy deployment, connection, and management of nodes for blockchain-based projects, today announced it has introduced a new suite of services for two major players in the blockchain ecosystem…
XRP is heading down for two days in a row, trading at $0.4812 on Thursday July 19. Earlier this week, XRP touched the high at $0.5248 but was unable to stay there, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
On the one hand, XRP is currently under correction, in line with other cryptos that are heading down after beginning this week actively. On the other, active buys are unlikely in the lights of the current technical data.
After XRP’s breaking out the 50-period SMA and going below to reach $0.4800, the local bullish trend came to an end, and the crypto is likely to reach $0.4760. In order to recover from this two-day fall, XRP has to stay above $0.4950 or $0.4960, aiming to reach $0.5000.
Thus, the key support for XRP is at $0.4760, while the resistance is at $0.4960. The MACD on D1 is in its negatives, but is going slightly up, issuing a buy signal, while the Stochastic stopped rising in the positive territory and started going down, thus making the buy signal less strong.
In the meantime, Ripple management think that Indian market is one of best to spread the crypto’s influence. Asheesh Birla, Ripple Vice President, is mostly interested in the country’s cash flows, and Ripple’s ambitious plan is to control 80% of those. Birla wants to establish such control buy giving some coins to all Indian people. With so many people living in the country, this, in theory, would lead to a very high demand, but, in practice, it is still doubtful.
Ripple, however, takes a wider look at this strategic goal. The company suggests starting to work with Indian banks and mobile operators, which may allow them to penetrate the Indian financial system in terms of 5 years.
However, in order to make this work, they will have to make a lot of effort. First, the XRP price must be stabilized, while the reputation must be well improved in order to get one of the first lines in the Top 10 Cryptos rating. Second, Ripple must upgrade its code in order to make the payment system creation process more flexible and 100% secure.
Another positive news for XRP is the successful test of xRapid run by Cambridge Global Payments. Now the company is ready to implement this solution in Mexico. This is going to be the first experience ever, but afterwards xRapid is going to be used in other Latin America and APAC countries.
The post XRP Price & Technical Analysis: XRP Uncertain Where to Go appeared first on CoinSpeaker.
As human interaction becomes more and more digital, a number of companies and projects are seeking to create a perfect platform for people wishing to embrace the future in terms of how they live, work and play.
rent24 is one of such companies, which sees its main goal in connecting blockchain technology with the real world. The company’s PRIMARY platform represents itself the world’s first blockchain solution for everyday life.
Being found in Berlin in 2016, rent24 creates and maintains co-working and co-living spaces that enable people to join communities where they can live, learn, work, share information and develop business ideas together. The platform’s ecosystem includes a range of leisure activities, gyms, cafes and restaurants, as well as other more serious pursuits.
With 35 locations currently operating worldwide, the company aims to reach over 60 by the end of 2018, and to double this number by the end of 2019. rent24’s partner alliance boasts such companies as Daimler, Allianz, deliveroo, and Tesla.
With PRIMARY, rent24 aims to provide a complete life solution for members. The platform celebrates and promotes cooperation and entrepreneurialism, allowing for tasks to be advertised in the community and completed by fellow members. The built-in remuneration system means these members will be rewarded with tokens that can be spent on any goods and services offered by rent24 and its affiliates, or converted into fiat currencies.
In addition, active users will be rewarded with status points, allowing for further benefits, such as the ability to promote startups and other projects within the community. This will encourage the users’ incentive to create and cooperate.
Robert Bukvic, rent 24 founder and CEO commented on the new development:
“All users have equal opportunities to use the platform – not only locally, but also globally. The level of reward that users send each other will be determined by the community itself. They determine what value to allocate to a service. Our Bricks & Clicks approach is creating a global community in its purest form by merging our physical locations with a decentralized digital platform.”
In addition, Damian Leich, co-founder, and CMO noted:
“Our platform functions as a link between the digital and the real world. Everybody can join, either as a member or as an alliance partner. It offers tangible benefits for every user.”
rent24’s token sale for the PRIMARY cryptocurrency will start on August 1, 2018. The company plans to reach $500 million in sales.
rent24, via its PRIMARY platform, is hoping to marry the real world with the digital and deliver a convincing and holistic decentralized solution to cater for all aspects of modern life, whether professional or recreational, with an emphasis on collaboration and the sharing of information. With an existing user-base and bricks and mortar already in place, and the benefits of cryptocurrency integration not far off, rent24 may indeed be able to make a success of the project.
The post rent24 Introduces Its PRIMARY Platform Connecting Digital And Real Worlds appeared first on CoinSpeaker.
trueDigital Holdings (TDH), a developer of institutional digital asset trading solutions, today announced partnerships with 10 liquidity providers and contributors, including Genesis Global Trading, XBTO Group, Circle, DV Chain, Hehmeyer and Altonomy to create…
StartEngine Capital, a subsidiary of StartEngine Crowdfunding Inc., a funding portal that helps companies raise capital utilizing the Regulation Crowdfunding exemption from registration under the Securities Act of 1933, announced that it is now…