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Iran To Hold 1st International Blockchain Conference

Mark Brennan
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Iran To Hold 1st International Blockchain Conference

TEHRAN, Jun. 08. The 1st International Blockchain Conference on Cyrptocurrency and the World Economy’ is scheduled to be held in August 2021.


Iranian Innovation and Technology Club and the National Commission for UNESCO are to run the event.

The conference is to be held on August 5-6, 2021.

The Head of Iranian Innovation and Technology Club Peyman Sarhaddi said this conference will create a suitable platform for cooperation and knowledge transfer among professors, elites, and researchers in the field of blockchain innovation and technology.

It will also create a common space for providing comprehensive and effective solutions based on knowledge and analysis of economic opportunities on a national and global basis for better management of organizations.

The conference will focus on three major aspects of blockchain, science and development, applications of blockchain in technology and industry and blockchain and economics of financial and international markets.

News Source: https://en.mehrnews.com/news/174520/Iran-to-hold-1st-Intl-Blockchain-Conference

Crypto Market Falls As Miners Sell Their BTC Holdings-Expert Views On What’s Next?

Albert Brown
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Crypto Market Falls As Miners Sell Their BTC Holdings-Expert Views On What’s Next?

Bitcoin price is constantly trading below its 200-day moving average for more than 15 days, and their is high selling seen from miners, some analysts suggest for further bearish momentum.


Crypto market is falling again, and bitcoin has crashed below $33,000 for the first time since May 23, while Ethereum broke below the $2,500 support.

Popular analyst William Clemente III has determined that miners have sold over 5,000 BTC in the last week – worth roughly $164 million.

 

Top Cryptocurrency Author Timothy Peterson with above 100k Twitter followers, also highlighted that the BTC price remains below the 200-day simple moving average (SMA) for 17 consecutive days.

This indicator  always marked the end of a bull run and the beginning of a bear market,” he argued.

 

Crypto market seem to be showing a slight intraday bounce. BTC is currently hovering around $33,000 after falling to $32,400, and ETH is currently changing hands for $ 2,500 after bouncing from a local low of about $ 2,430 – both markets have crashed by about 15% since the posting local highs of $39,600 and $2,900 on June 3.

While both ETH and Bitcoin have been losing value in recent weeks, capital flows for crypto investment products suggest institutional investors are turning towards Ethereum.

According to a June 7 CoinShares report, Bitcoin investment products posted a record $141 billion outflow last week, while Ether products reported $22 million in inflows.

Coinshares Lists Physically-Backed ETPs Of Bitcoin, Ethereum, And Litecoin On Germany Main Exchange Börse Xetra

Jakkk
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Coinshares Lists Physically-Backed ETPs Of Bitcoin, Ethereum, And Litecoin On Germany Main Exchange Börse Xetra

CoinShares (Nasdaq First North Growth Market: CS), Europe largest digital asset investment company, announced today that Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) physically-backed exchange-traded products have been cross-listed on Germany’s Börse Xetra exchange.


 

CoinShares introduced a Bitcoin ETP, the first of its ETPs, on Switzerland’s SIX Exchange in January 2021. The ETPs are physically backed by core digital assets under the supervision of Komainu, an institutional-grade digital asset manager, a joint venture between global investment bank Nomura, digital asset security firm Ledger, and CoinShares.

The listing of CoinShares physical Bitcoin, Ethereum and Litecoin ETPs on Börse Xetra follows the company’s approval to distribute ETPs across the European Union and provides institutional investors with the opportunity to invest in digital assets.

  • CoinShares Physical Bitcoin ISIN: GB00BLD4ZL17 / WKN: A3GPMN
  • CoinShares Physical Ethereum ISIN: GB00BLD4ZM24 / WKN: A3GQ2N
  • CoinShares Physical Litecoin ISIN: GB00BLD4ZP54 / WKN: A3GRUD

CoinShares’ ETP listings are joining a growing number of ETPs on European exchanges. WisdomTree, a New York-based asset manager, announced this month that physically-backed Bitcoin and Ether ETPs, which are already listed on Germany’s Börse Xetra and Switzerland’s SIX, are listed on Euronext exchanges in Paris and Amsterdam.

Top Altcoin To Follow This Week

Mark Brennan
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Top Altcoin To Follow This Week

The cryptocurrency market entered the second week of June with a value of $1.7 trillion. The market, which fell below the $2 trillion on May 19, was not able to come back above 2 Trillion USD.

BTC dominance rate, which indicates the share of Bitcoin in the market, fell below 42% before May 19 decline, and rose above 47% in a few days after the fall. According to Monday’s data, Bitcoin dominance is pulled back to 41.6%.

As no one knows how Bitcoin, altcoins and the market in general will be shaped during this week; Some news this week about Ethereum, Ripple, Polkadot, Tron, PancakeSwap, Zcash and NEXO might be worth following.


Ethereum (ETH)

News This Week: Ethereum developers will implement the London hard fork on the Ropsten testnet on June 9th.

Why To Follow: The London package includes protocols such as EIP-3198, EIP-3529, EIP-3541, EIP-3554. But the most anticipated thing to come with London hard fork is EIP-1559. This proposal, which will lead to a radical change in the gas fees mechanism in Ethereum, will be tested on the Ropsten, Goerli and Rinkeby networks, respectively. Eyes are turned to July for the transition to the mainnet,

Ripple (XRP)

News This Week: Ripple lawyers stated in the document they sent to the court on June 4 that the SEC’s documents on assessments of Bitcoin and Ethereum as not securities were still not delivered to them. Ripple applied to Judge Sarah Netburn for the delivery of documents. Ripple requested for a response to their request from the SEC by June 9.

Why To Follow: Ripple and the SEC continue to discover evidence against each other as part of the legal process that began in December 2020. The SEC still has not fulfilled a court decision, and has not submitted its internal correspondence about Bitcoin and Ethereum, not considering them as securities to Ripple. Ripple wants to examine the internal conversations the SEC has had over the years to declare Bitcoin or Ethereum not as securities. SEC; Since it does not recognize BTC and ETH as securities, but recognizes XRP as security, it is thought that the SEC hand will weaken if there is a statement to the contrary in the past talks.

Polkadot (DOT)

News This Week: Polkadot will hold a panel discussion on non-fungible tokens (NFT) on June 10.

Why To Follow: Thursday panel will feature names like Witek Radomski, founder and CTO of Enjin. The panel will discuss importance of NFT world along with major partnership announcement are expected.

Tron (TRX) and BitTorrent (BTT)

News This Week: APENFT Foundation will airdrop APENFT (NFT) to those who have TRC20-BTC, TRC20-ETH, TRC20-TUSD, TRX, BTT and JST tokens on the TRON network in order to drive up engagement from TRON users.

Why To Follow: The APENFT Foundation plans to distribute 5% of the total APENFT supply to the Tron community within a total time frame of 2 years. 1% of the total APENFT (NFT) supply will be airdropped in the first month. In the following two years, 4% of the total APENFT (NFT) supply will be airdropped once per month for 24 months. June 10, 2021 at 12:00 (UTC), total airdrop amount: 9,999,900,000,000 NFT. July 10, 2021 at 12:00 (UTC) to June 10, 2023 at 12:00 (UTC), total airdrop amount on 10th of every month: 1,666,650,000,000 NFT.

Read More On: https://apenftorg.medium.com/announcement-by-apenft-foundation-on-rules-of-airdropping-apenft-nft-to-btc-eth-tusd-trx-btt-228c4d9dfb5a

PancakeSwap (CAKE) and Automata (ATA)

News This Week: PancakeSwap opened the pool for Automata token ATA. ATA is coming to PancakeSwap at 7am UTC on June 7th.

Why To Follow: A total of 3 million ATA will be distributed in the pool, which will remain open until August 6th. Binance also listed ATA in the Innovation Zone at 9:00 am today.

Read More: https://medium.com/atanetwork/automata-is-coming-to-pancakeswap-d07aaf19ec4

Zcash (ZEC)

News This week: Zcon2 will be a virtual conference, streaming on YouTube will take place on Tuesday, June 8th and Wednesday, June 9th 2021.

Why To Follow: The theme of this year conference is “Privacy until the end”. On the first day of the conference, what is happening in the Zcash ecosystem, and on the second day, the work done in the field of privacy (current studies in areas such as zero-knowledge proof, interoperability, network privacy) will be discussed.

Read More On: https://www.zfnd.org/zcon/2/

NEXO (NEXO)

News This Week: Governance Proposal: Daily Interest on NEXO and a Final Dividend.

Why To Follow: Voting will determine whether NEXO holders will receive interest on a daily basis or not. According to the statement made by Nexo, if the vote is accepted, interest rates of up to 12% per year will be offered to token holders.

Read More: https://nexo.io/blog/governance-proposal-daily-interest-on-nexo-and-a-final-dividend

Report: 32 Companies Hold 325,032 BTC, Worth Over $11B In Bitcoin

Albert Brown
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Report: 32 Companies Hold 325,032 BTC, Worth Over $11B In Bitcoin

CryptoTreasuries data shows that 32 companies own nearly $12 billion in BTC, that is more than 325,032 BTC, while 11 companies own approximately $470 million in ETH.


According to CryptoTreasuries, 32 companies hold together about 325,013 bitcoins. This amount is approximately $11.7 billion. As for Ethereum, 11 companies own 169,279 ETH, worth approximately $470 million. These figures give an idea of ​​how much weight is given to assets.

32 companies own nearly $12 billion in BTC

Source: https://cryptotreasuries.org/

Block. One has the largest Bitcoin holdings with 140,000 BTC. Micro strategy and Tesla follow. Block.one has been on Bitcoin for a particularly long time, and this can be seen from his possession of 140,000 BTC. MicroStrategy has increased its Bitcoin investment by about 50%.

MicroStrategy CEO Michael Sailor has been a big proponent of Bitcoin over the past few months, and the company has been gathering its BTC stock periodically. The company holds 90,859 BTC.

Tesla, meanwhile, has acquired 38,300 BTC, which is much smaller  as compared to top two.

Galaxy Digital Holdings and StoneRidge Holdings Group round out the top 5. Galaxy Digital owns 14,932 BTC, and StoneRidge Holdings Group hold 10,000 Bitcoin.

Square, which is also a significant bitcoin supporter, holds 8,027 BTC.

Coinbase Global holds 4502 BTC.

Galaxy Digital seems to be much more focused on Ethereum, being the company with the largest assets at 98,892 ETH, worth approximately $275 million.  Coinbase Global and Meitu follow them with 31 787 and 15 00 ETH, respectively.

Overall, there are many other companies owning these assets and other cryptocurrencies. The website also notes that this does not include ETFs and other assets under management, which, if included, would add significantly to the numbers.

Binance Revealed 100 Creators For Its NFT Marketplace

Mark Brennan
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Binance Revealed 100 Creators For Its NFT Marketplace

Binance NFT, the pioneering marketplace for NFT and digital collectibles, kicks off June 24. To attract the attention of local talent from around the world, Binance NFT will launch “100 Creators” as part of an invite-only initiative.


Expect both high-profile creators of “Premium Events” and “Trade Market” featuring regional talent and everyday creators

On June 24, Binance NFT will launch the first “100 Creators” program featuring content from local artists and creators around the world. As part of Binance initiative to highlight different voices and perspectives, the “100 Creators” will become part of the Binance NFT “Trading Marketplace” featuring content from regional talent and everyday creators.

Content from the 100 Creators Program as part of Binance Trading Marketplace debuts alongside previously announced Premium Event category, which includes big names and brands.

Last week Binance revealed more of Premium Events creators. including musicians Lil Yachty and Lewis Capaldi, artists Trevor Jones and Frank Holliday, professional athletes Guti and Alphonso Davis, and more.

Helen High, Head of Binance NFT, notes:

“The 100 Creators campaign was created to empower innovative but regional creators and introduce them to NFT collectors and enthusiasts around the world. We are very excited to work with these creators and hope to bring them to the mainstream of the industry.”

Co-creator, contemporary Malaysian artist Red Hong Yi, whose stunning compositions have graced the cover of TIME magazine, gave a preview of what users can expect:

“My first piece is inspired by the internet meme culture and it will be part of a series called ‘MemeBank’. My NFT will be proof of ownership for the physical artwork that I will be creating. I look forward to presenting my collectibles soon.”

See Binance evolving list below for the final and complete set of names to be announced in the coming days.

Binance NFT Marketplace 100 Creators Revealed

 

After Successful Launch Of Mybaby, Let’s Look Back On Some Of Vechain’s Prominent Projects In Health And Safety

Mark Brennan
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After Successful Launch Of Mybaby, Let’s Look Back On Some Of Vechain’s Prominent Projects In Health And Safety

Medical Industry reforms are accelerated since 2020. It is a high profile industry where a small change can develop world fate for good. Blockchain technology is doing great in medical digitalization, reforms and medical innovations.

Vechain has emerged as a leader in health care industry. Vechain has made many partnerships in health care sector in one year. Below are the details of Vechain progress in Health care sectors since May 2020.


The World’s First Blockchain-based IVF Service App

Most Recently VeChain has brought the technological potential of blockchain to a new sector in collaboration with DNV and one of China’s most important healthcare facilities, Renji Hospital. The partners launched MyBaby, a blockchain-based service app for In-Vetro fertilization (IVF). The app purpose is to mitigate the stress associated with IVF process by providing women and their families with a tool to help manage and improve the IVF process. The app enables hospitals to provide better data management services and can help families track their children’s progress. In addition, the app was created to be a useful tool for reducing the anxiety, depression and stress associated with this process.

Read More: Renji Hospital To Launch The World’s First Blockchain-based IVF Service App Together With Vechain And DNV

Other Vechain Contributions In Healthcare Blockchain Applications

vechain healthcare blockchain applications

vechain healthcare blockchain applications

Vechain Lover @eisenreich Tweeted:

 

Renji Hospital To Launch The World’s First Blockchain-based IVF Service App Together With Vechain And DNV

Jakkk
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0
Renji Hospital To Launch The World’s First Blockchain-based IVF Service App Together With Vechain And DNV

VeChain has brought the technological potential of blockchain to a new sector in collaboration with DNV and one of China’s most important healthcare facilities, Renji Hospital. The partners launched MyBaby, a blockchain-based service app for In-Vetro fertilization (IVF).


The app purpose is to mitigate the stress associated with IVF process by providing women and their families with a tool to help manage and improve the IVF process. The app enables hospitals to provide better data management services and can help families track their children’s progress.

In addition, the app was created to be a useful tool for reducing the anxiety, depression and stress associated with this process.

The VeChain Foundation added:

building trust and providing emotional support to tens of thousands of women and families at this difficult stage in their lives.

In China, the In-Vetro fertilization (IVF) market is projected to surpass $2.8 billion over the next 4 years. The app will position VeChain at the center of the billion-dollar growing market and play an active role in its development with the Renji Hospital Assisted Reproductive Services Center.

The facility treats nearly 400,000 patients annually, and with VeChain, the hospital will innovate to provide a more transparent and secure data protection service.

 

The VeChain Foundation added:

The delivered outcome is greater trust in data, enhanced healthcare provider decision-making, providing greater data security for all parties, and most importantly, lessening the emotional and physical burden of women and families involved.

On June 2, 2021, representatives from VeChain, DNV, Renji Hospital Reproductive Medicine Center and Shanghai Assisted Reproductive Technology Quality Control Center held a ceremony to celebrate the deployment of the app.

VeChain Foundation concluded:

MyBaby clearly demonstrates the value-add public blockchain can create for daily life. This new use case exemplifies the myriad ways blockchain can be utilized in society, touching aspects of life far beyond the common perception of the scope of the technology.

Localbitcoins, Top Crypto P2P Platform Now Accepts Bitcoin Cash (BCH) And Co As Payment Method

Mark Brennan
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Localbitcoins, Top Crypto P2P Platform Now Accepts Bitcoin Cash (BCH) And Co As Payment Method

Localbitcoins, a leading crypto peer-to-peer (P2P) platform, now accepts Bitcoin Cash (BCH), Cardano (ADA) Chainlink (LINK), Tether (USDT), Dogecoin (DOGE) and USD Coin (USDC) as payment methods. LocalBitcoins is similar to platforms like Binance P2P, and Paxful.


Bitcoin cash and other crypto can now be used to create advertisements on the P2P trading platform.

In their blog post, the LocalBitcoins said,

“You asked, we complied! Some highly anticipated altcoins have now been added as payment methods! ”

LocalBitcoins also announced the inclusion of over 40 other alternative payment methods such as AirTM, Support Account Transfers, MercadoPago, Chime and PIX in Brazil, which will be available in a number of countries listed in their medium post.

Among bitcoin traders, there is a battle for supremacy between LocalBitcoins and Paxful. The former is dominant in Latin America, where it has taken root as the only option for traders. A legal restriction prevents Paxful from trading cryptocurrencies in Venezuela. And according to a report by blockchain data firm Chainalysis, Venezuela has one of the highest crypto adoption rates in the world.

Bitcoin Cash is gaining attraction of plenty of business. As BCH is accepted by more than 600 business worldwide. The most recent business that start accepting BCH are LocalBitcoins, Airbaltic, Cryptoclothing.cc, CryptoStop, Ping Proxies, and LNOcasino.club

VeChain Technical Analysis: VET Looking For 64% Advance

Albert Brown
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VeChain Technical Analysis: VET Looking For 64% Advance

VeChain price is forming an ascending triangle, hinting at a 64% rise to $ 0.234. A decisive 6-hour candle close above $0.144 would signal a breakout and a rally. However, a breakdown of the swing low of $0.0835 will nullify the optimistic forecast.

VeChain price is consolidating within a bullish technical formation that predicts a massive uptrend. However, a breakdown of critical support could damage this rally.


VeChain’s price has set roughly three equal highs around $0.144 since May 19, while simultaneously making several higher lows. If these swing points are connected by trend lines, then an ascending triangle appears to be forming. This technical formation projects a 64% rally to $0.234.

vet technical analysis 6/2/21

Interestingly, the VeChain price breakout point coincides with the supply zone, which extends from $0.125 to $ 0.141.

Thus, the bulls need additional momentum to cut through this resistance zone and produce a decisive 6-hour candle close above $ 0.144. Such a move would signal a breakout of the bullish formation and the beginning of an uptrend for the VET.

Investors should also note that the $0.188 supply level could hinder or even stop the VET uptrend. Therefore, buyers need to clear this level in order to reach the target of $ 0.234.

While the situation appears to be improving for Vechin price, market participants should keep a close eye on the support barrier at $0.0824. A breakout of this level will nullify the bullish thesis and cause a 20% collapse to $ 0.0655.

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