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Ethereum Price Analysis: Will Bears Now Rule The Roost For Ethereum (ETH)?

  • Ethereum has also been sucked into the bear momentum as seen from the 5-Day price chart

Ethereum is one of the fundamentally strong coins on the blockchain platform. The development team has been continually working on improving its scalability feature and solving network issues. The past two days have not been good for Ethereum with its prices sliding continually. The bear sentiment has spread its wings on the coin.

Current Statistics of Ethereum

As on July 12, 2019, at 5:39:16 UTC, current statistics are as below:

  • The current market price of Ethereum is $270.552
  • Market Cap is around $28,953,873,658 
  • 24-hour volume is at $9,236,678,313
  • ROI is > 9000%
  • Circulating supply is at 106,863,539 ETH

ETH to USD Price Comparison

The 5-Day chart is presenting a dismal picture for Ethereum. The bears are making their presence felt by making the prices drop continually. The price was $287.976 on July 07. From here, the price showed progress when it jumped to $317.390 on July 09, within a time period of 1d 19h 55m, the upward swing was to the extent of 10.49%. Then, the bear sentiment set in and the price continued to slide down and hit $283.127 on July 10 within 1d 7h 40m to the extent of 10.80%, leaving investors unhappy. In a matter of 13h 20m on the same day, the price further went down to $264.218, the movement was 6.63%. The price has moved up slightly today at $270.552 to the extent of 2.4%. Ethereum had really gained last week, but this week the price has been on the downward momentum with the bears gaining the upper hand.

Ethereum Price Prediction

Ethereum price had shown promises of a short-term bull trend beginning of July, but this week the markets have taken a beating affecting the price of Ethereum in a negative way. The market is expected to be volatile for some time. Will Ethereum get back to its glory days no one can predict but should the market show some stability, then analysts predict the price of Ethereum to touch around $500 by the year-end.

Conclusion

This week has not been very good for Ethereum. Investors should wait and watch the developments in the price and should not take any hasty investment decisions as this could result in losses.

Stellar Price Analysis: Stellar (XLM) Fluctuating Below The Baseline Since Yesterday

Stellar has recently listed 1:1 fiat backed tokens of XLM. These tokens are offered by token.io backed up and supported by Steve Kirsch, the CEO of token.io, himself! This means that Stellar might be able to gain more visibility.

XLM to USD Price Comparison

The Stellar price is currently trading at $0.09446900 at 08:06 UTC on 11th July 2019. The other essential factors are as follows:

  • Return of Investment: 3270.54%
  • 24-Hour Volume: 402,642,484 USD
  • Market Cap: 1,948,346,521 USD
  • Total supply/Circulating Supply: 105,142,706,350 XLM/ 19,425,791,389 XLM
  • 7 Day high/low: 0.106230 USD / 0.087926 USD

The highest in past few days was seen on 6th July at 14:50 UTC time trading at $0.1063. The value was trading above the baseline since then. But after 3 days, by 10th July at 07:20 UTC, the value dropped below the baseline decreased by 7.31% with a trading value of $0.09861. The Value same day went further down by 6.54% at 15:55 UTC trading at $0.09210. The value now has increased by 2.56% from then.

Stellar Price Prediction and Conclusion

It’s been a few weeks now for XLM to trade in the downtrend. It might be time for them to surge in the upward motion. Otherwise, they might lose the ranking soon. However, Stellar coin is known to be a quality coin in the long term, but it seems that it might be losing its charm.

As per the XLM price trend right now, by 2019 end, it seems that we might see the value trading around $0.2. Otherwise, it might drown!

Verge Price Analysis: Will Bears Washout XVG’s Fortune Completely?

  • The Verge price is on continual ups and downs, as seen from the 5-days chart, due to the bearish sentiment ruling high in the market.

Verge is a platform known for its secure and anonymous transactions. The price of the Verge has been severely affected by the crypto market fluctuations, showing a downtrend. Verge, even with its unique features has not been able to take its price to the upper level and seems to have accepted its bearish fate in the short-run.

Latest Statistics of Verge Coin:

As on July 11, 2019, at 4:47:54 UTC, current statistics are as below:

  • Verge price is currently trading at $0.007065
  • The Market Cap is around $104,346,063
  • 24-hour volume is at $3,670,575
  • ROI is > 9000 % at a healthy Circulating supply of 15,815,435,319 XVG

XVG to USD Price Comparison

The price comparison for Verge over the past 5 days shows a lot of volatility. From a low of $0.00714884 on July 05, the price had rallied to $0.008085 on July 07 in a span of 1d 6h 30m, showing an upward variation of 13.2%. From here the price kept on going downwards and reached $0.007086 on July 09 within 2d 7h 25m, the variation being to the extent of $12.03%. XVG price managed to rise by $0.0078352 on July 10 in 1d 5h 35m to the extent of 10.53%. Today the price has lowered to the extent of 8.97%, indicating that though the price has been moving in the range of $0.0071 – 0.0081 for some time, the bearish sentiments in the crypto market are not allowing the prices of Verge to rise higher and keep pulling it back to the lower zone.

Verge Price Prediction:

Verge, a popular coin with the user, has been having a harrowing time with respect to its price as a result of the crypto market downturn. Yesterday- July 10, the market was again showing the bear momentum, pushing the price of altcoins down further. Experts feel that the bears are in no mood to compromise and let the bulls take charge, and this trend is expected to continue well into the year-end. The price of the Verge is expected to take a further beating.

Conclusion:

Investors should not think of any form of investment in this market volatility. With bears having the upper hand, there is a greater chance of the market showing greater volatility in the days to come.

Instagram Taking Steps To Curb Online Bullying With AI

Instagram, platform acquired by the giant company Facebook, will launch a new tool to battle against bullying, the company revealed the development news on Monday.

Currently, Instagram is examining the anti-bullying feature developed with AI that will identify text related to bullying. Facebook is experiencing high scrutiny over the harassment issue faced by most users.

The new tool of Instagram uses Artificial Intelligence to inform users when they are about to post any bullying or offensive comments.

Instagram adopted the AI feature ‘DeepText’ from Facebook to carry bullying operation. Back in 2016, the essential job of this tool was to look out spam. While, from 2017 to now, the developer team has been instructing the AI tool to identify and ban offensive comments such as racial insult.

AI reads the comments on Instagram and if AI identifies that the user is bullying another user, the tool will display a warning as follows, “Are you sure you want to post this? Learn more.”

If the commenter clicks on Learn more option, then they will be diverted to a notice that mentions, “We are asking people to rethink comments that seem similar to others that have been reported.”

The commenter has an option to decide; he can either ignore the notice or move ahead with its posting. Instagram conducted a test result and mentioned that the warning motivates a few users to cancel the posting of painful comments.

Whenever an offensive word is identified by the Instagram in a comment section, a question pop-ups asking users to confirm the post along with an ‘Undo Button’ to cancel post.

As per the photo and video sharing app, users have used the new feature mostly to change offensive words with positive words at a limited trial version.

The new feature of Instagram allows users to think twice before posting bullying text.

Tron fluctuating has dropped from yesterday!

Tron recently announced its partnership with Cex.io, which is a London-based crypto currency exchange and provides variety of tools for the mainstream coins. Some of the pairs included are: TRX/USD, TRX/EUR, TRX/BTC.

Price Analysis of TRON on 10th July 2019

TRON is currently trading at $0.0334 at 07:23 UTC as on 10th July 2019. The other essentials for market positioning are calculated as below:

  • Return of Investment: 1539.60%
  • Market Ranking: 10
  • 24 Hour Volume: 764,935,032 USD
  • Market Cap Value: 2,242,662,293 USD
  • Total supply/ Circulating Supply: 99,281,283,754 TRX/ 66,682,072,191 TRX
  • 7 Day high/ low: 0.035523 USD/ 0.031087 USD

Comparison

In the past 5 days, the lowest was initially seen on 5th July at 23:00 UTC, with a trading value of $0.0317. In the upcoming days, the coin gained the momentum and was surging with the highest in the said time frame seen on 8th July at 08:50 UTC, trading at $0.0356. The value of the coin on the same day was dropped by 5.94% at 11:25 UTC. However, the value was seen accelerating again by 4.47% with another peak seen yesterday at 09:30 UTC, when the coin was trading at $0.03499.

The current value is dropped by 4.28% from then. 

Prediction and Conclusion

After some ups and downs, TRON is now trading in the bullish zone which means quite a profitable market for the investors. With new partnerships and announcements, we might see some more up surge in the price of the coin soon. Tron without any doubt has acquired a lot of attention in the market. And why not: The CEO himself has created that interactive base on twitter.

By end of 2019, we might see Tron trading at $0.05, if the trend continues to move in the bulls’ trend.

Dogecoin Price Analysis: Dogecoin (DOGE) Price Dropping Down in Current Market Volatility

Binance is happy to do a listing of Dogecoin; however, there is not much technical development on the side of Doge. But well, DOGE was never about technicality!

DOGE to USD Price Comparison

The Dogecoin price is currently trading at $0.003518 at 05:40 UTC time on 10th July 2019. The other calculated factors are:

  • Return of Investment: 535.60%
  • 24-Hour Volume: 43,695,478 USD
  • Market Cap: 427,164,769 USD
  • Total supply/Circulating Supply: 120,274,812,489 DOGE/ 120,274,812,489 DOGE
  • 7 Day high/low: 0.004471 USD / 0.003130 USD

The Highest value was last seen on 5th July at 11:35 UTC trading at $0.004510, which then dropped by 21.42% in the next few hours at 16:45 UTC. The value was constantly dropping after that. Next day, 6th July at 20:55 UTC the lowest was realized, which was then increased by 11.81% on 7th July at 19:45 UTC trading at $0.0372. The value then dropped constantly with lowest (dropped by 11.18%) seen yesterday at 14:50 UTC time. The value from then is increased by 6.31% as of now.

Dogecoin Price Prediction and Conclusion

You might feel delightful that DOGE is showing price movements with a positive attribute from past one week! DOGE is definitely becoming one of the favorites, and this time, not for just the CEO but for the investors too! DOGE is hoped to surge in an upward motion for coming days.

As of now, considering the trades from the past few days, we might be able to see $0.007 trading valuation by the end of 2019.

Moneythor-The Only Singapore Based Startup Firm To Join The Mastercard Start Path Program

Moneythor, digital banking software company, headquartered in Singapore is the only startup company to be included in the Mastercard Start Path program list.

On Tuesday, 9th July Moneythor digital banking software service provider informed about latest development news. The startup firm has been picked to join the Mastercard Start Path program.

The Mastercard Start Path program is associated with Mastercard Labs, which is an important branch of the company’s R&D that seeks to revolutionize payment solutions.

Moneythor is the only Singapore based startup firm to be selected for the program. Another startup company selected to join the Mastercard Start Path program is Nuclei. Nuclei- headquartered at Bangalore, India, a startup firm that develops an omnichannel virtual banking platform.

Moneythor Fintech Startup Firm Incorporation

Moneythor startup firm was established in 2013. A 6-year old company that focuses on providing smart and contextual virtual banking for users. Moneythor also provides advanced marketing and analytic tools for financial organizations.

Products of Moneythor are provided as APIs (Application Program Interface) that allows banks and fintech companies to enhance their operations and user experience of their services related to digital banking.

Out of 10 global later stage startup firm, Moneythor is one of them to be selected to join the path program and the foremost Singapore based fintech startup to be added in the list.

Some of the important clients of Moneythor digital banking software provider are CIMB, ANZ, Raiz, Standard Chartered, Orange Bank, Credit Mutuel Arke, and DBS Bank.

Moneythor has its office located in Singapore and Paris.

About Mastercard Start Path Program

Mastercard Start Path program was initially launched in 2014. Ever since its launch, the program has collaborated with around 200 startup firms. They have all together managed to raise a fund of worth US $1.4 billion through funding rounds.

Mastercard Start Path is an award-winning program that allows later stage technology startup firms to grow significantly by accessing Mastercard technologies. The program allows startups firms to connect with overseas organizations and assist in introducing to Mastercard expert teams within the financial services and payments companies.

Mastercard Start Path aims at later stage fintech startup firms and also supports them to scale across new opportunities and markets.

Moneythor, in a press statement, revealed that the objective of the startup company is to “further expand its footprint in its existing markets as well as bring its intelligent data-driven banking capabilities to new territories.” And the company is trying to achieve this objective by joining the Mastercard Start Path program.

EOS Price Analysis: EOS Price fluctuates, The Highest level recorded $6.05, Will it make a comeback?

Let us evaluate how the coin has performed for the past 5 days. Since 4-July-19, EOS coin price began to fall and fell as low as $5.68. The movement of the coin has been unstable with several steep rises and falls observed. EOS had managed to gain some momentum on 6-July-19 however, it could not survive the uptrend, and again prices began to fall rapidly. After the recovery from 7th July’s fall wherein price was $5.77, the coin managed to reach a new high of $6.05 at around 17:45 UTC. Since the said date, the performance of the coin seems not up to its optimum utilization and is reflecting volatility.

Let us have a look at the EOS to USD price comparison:

Current Data of EOS:

  • As per 6:34 UTC today, Market Cap of the EOS was 5,542,209,007 USD.
  • Price of the coin is $5.97 as per 07:20 UTC.
  • 24-hour volume is $2,330,242,958
  • 922,454,871 EOS coins are at present in circulation.
  • The coin offers an ROI of more than 483%.

EOS Price Prediction:

If we compare the price of EOS since 7-July-19 wherein price was $6.05 as per 17:55 UTC and today, the present trend of the coin is bearish by a meagre 1%. We anticipate that the prices of the coin will continue to fall marginally and will reach $5.95 by the end of the day tomorrow. The coin will manage to come back in the game and show signs of stability only after a period of 1 month or so, and prices can reach $6.01.

Conclusion:

As per EOS latest trend, investors should wait for at least a few more weeks’ time till the coin retains back its stand and accordingly invest your money then. RSI indicator reflects that the number of coins being sold in the digital world seems to be oversold. MACD indicator also points out that the movement of the coin may continue to remain bearish for a few more weeks to come. If the price of the coin continues to fall marginally, the next support levels, i.e. S1, S2, and S3, may be seen at $5.86, $5.75 and $5.65 respectively.

CEO of Huawei Says Apple is The Role Model Regarding User Data Handling

Until a year or so ago, Chinese tech giant Huawei was flying high amid record smartphone sales and global demand for its telecommunication equipment. However, the past seven months have been a bit of a nightmare for the company as it was accused of being a vehicle for Chinese state spying and eventually blacklisted by the authorities in the United States. That being said, there are hopes that the situation could change soon with the US, indicating that the barriers to Huawei could be relaxed.

In a new development, the Chief Executive Officer of Huawei, Ren Zhengfei interviewed with a leading publication and reiterated that the company is fully committed to protecting users’ privacy, before adding that Apple is the gold standard when it comes to that particular thing. It is a well-known fact that Apple prides itself in its commitment to protecting information related to its users and an endorsement from one of the world’s most powerful CEOs comes as a major boost for the company. It is particularly important since many of the biggest tech companies in the world are viewed with suspicion when it comes to the protection of users’ privacy.

During his interview, Zhengfei spoke about the competence of Huawei employees and how the company is committed to protecting the date of its users. He said that if the company is actually involved in spying, then its customers will move away and the company will simply collapse under the burden of its debts. Zhengfei said, “After that, who would pay the debts we owe? Our employees are all very competent, so they would resign and start their own companies, leaving me alone to pay off our debts. I would rather die.” He went on to add that Huawei is simply a telecom equipment provider and the company does not track any data with regards to its users. These are highly important comments from the company’s CEO and perhaps reflects the fact that Huawei might be in with a chance of perhaps resuming its operations in the United States.

EOS Price Analysis: EOS expected to break the current trend; Prices may reach $5.99 shortly

EOS has shown uptrend prior to 26-June-19 with prices trading above the baseline. The price of the coin reached as high as $7.41 on 26-June-19. However, since the later part of the day, the prices of the EOS began to fall rapidly, and there has not been any major positive trend being seen so far.

Let us have a look at the EOS to USD price comparison:

Current Statistics of EOS:

  • As per 06:44 UTC today, Market Cap of the EOS was 5,472,189,493 USD.
  • Price of the coin is $5.92 as per 07:00 UTC.
  • 24-hour volume is $1,836,016,633.
  • 922,318,272 EOS coins are at present in circulation.
  • ROI of the coin is greater than 475%.

EOS Price Prediction and Conclusion:

Comparing the price of the EOS coin since 26-June-19 wherein price reached as high as $7.41 as per 15:00 UTC, the present movement of the coin shows a downward trend by 20%. Experts anticipate that the coin may reach $5.95 by tomorrow. In the upcoming weeks, it can reach as high as $7.

The RSI indicator highlights the fact that the movement of the coin at present reflects a bearish trend. However, the MACD indicator shows no extremities. The way the coin has performed earlier and the kind of returns which it has offered in the past, we strongly feel that the coin will gain up its pace and bounce back.

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