Gate.io To Release Startup Discount Offer With First Project In Association With Lambda

Gate.io To Release Startup Discount Offer With First Project In Association With Lambda

Gate.io recently announced that they will be introducing their Startup Discount Offer and their first project will be with Lambda. The project with Lambda will be launched

Trading service will be enabled once the project fulfills its fundraising goal. In order to participate in Startup Sale, users will need to be a VIP. Participants will have a higher purchase limit with more GT holdings.

With the mission of promoting the decentralized development of the Internet, Lambda aims to build the storage infrastructure for Internet 3.0.

It is a safe, reliable and infinitely extendable decentralized storage network, whilst using data integrity and security verification as well as the operation of market-oriented storage transactions on the Lambda Chain consensus network, and provides the infinitely extensible data storage capacity for the new generation of value Internet.

Details Of LAmbda Startup Sale

The start time will be on June 3rd, UTC 4:00–6:00. The price and the number of orders of Startup Sale will be set 3 hours prior to the sale, based on the market price of GT/USDT within the 3-hour period. Each order is worth $100 — $200 USD, users can place one or a few orders according to the individual purchase limit.

Below is a chart that shows the purchase limit based on the different amount of GT holdings.

Users need to ensure there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders. An insufficient balance will result in the cancellation of the purchase order.

They will be able to use each type of currency once only. After UTC 6:00, Gate.io will collect all the qualified orders and distribute the tokens according to the individual purchased orders: total purchased orders ratio. The final result will be announced at UTC 8:00 that day.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Sritanshu S

Big Banks Band Together To Launch Blockchain Trading Solution with Its Own ‘Bitcoin’-esque Token

Big Banks Band Together To Launch Blockchain Trading Solution with Its Own 'Bitcoin'-esque Token

While the banking industry has been one of the most hostile industries when it comes to blockchain technology and Bitcoin in the early stages – that hasn’t stopped them from taking over some sizeable corner of the market for their own.

An increasingly substantial number of financial companies, being headed up by the multinational UBS Group AG have been setting their sights firmly on the application of blockchain technology in the aid of creating a streamlined, low-cost and high efficiency cross-border trading solution, powered by its own blockchain and its own ‘Bitcoin’ token.

Among the financial institutions involved in this ambitious project includes – Barclays, Nasdaq, Credit Suisse Group, Banco Santander, ING, and Lloyds Banking Group. Each of these have since registered themselves as part of a collaborative entity, with more to potentially join.

Each of these organizations will be involved in the development of a unique token, known as a ‘utility settlement coin’ or a USC, according to an international news source.

More than just placing a tenuous interest in this cross border payments solution, these financial behemoths have since officially poured more than 60 million dollars into this international organization – known more broadly as Finality International.

It doesn’t come as too much of a surprise, considering that this token has been in steady development for more than 4 years, and will serve as a joint payment device as well as a “messenger that carries all the information required to complete a trade,” according to the report.

This new kind of permissioned blockchain solution will attempt to significantly reduce the kind of risks associated with cross border payment solutions, while also increasing the speed in which they are completed. According to the UBS head of investment strategy – Hyder Jaffrey discussed the kind of benefits that this solution would provide –

“You remove settlement risk, the counterparty risk, the market risk,” Jaffrey continues. “All of those risks add up to costs and inefficiencies in the marketplace.”

Along with the more than 14 international financial companies previously mentioned, some of the newer partners to this cross-border solution include major national banks such as Bank of New York Mellon Corp., Canadian Imperial Bank of Commerce , State Street Bank & Trust Co., Commerzbank AG, KBC Group NV, Mitsubishi UFG Financial Group Inc., and Sumitomo Mitsui Banking Corp.

Each of these major banking institutions has since announced that they will be making use of the USC token in the foreseeable future.

According to reports, this platform is forecasted to launch worldwide within the next 12 months, which is further substantiated by previous reports which suggested that it would be put completely into action as of 2020.

While this represents one of the more ambitious, globe-trotting projects from financial institutions – there is no inkling whether or not USC provides more utility and represents something resembling a cryptocurrency more than JP Morgan’s token does, however.

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Author: James F

Delphi Digital: Bitcoin Reigns Supreme in 2019, is the King of the Asset Class Hill

When it comes to any and all kinds of assets available to investors across the world, Bitcoin has managed to surpass in performance, any other kind of asset. according to the financial performance of BTC over the course of May, its value rose more than 60 percent – making for the highest monthly return in more than a year.

This increase of 60 percent represents the single greatest performance from the world of assets in the world over 2019 so far.

These statistics come from the speciality analytics firm – Delphi Digital – which went on to give the Bitcoin the honorary title as ‘the king of Asset Class Hill,’ a fitting description for a digital asset class which is constantly maligned by more mainstream individuals within the marketing world. Made even more of an apt description thanks to its consecutive months of solid returns.

Graph and Bitcoin performance relative to other asset classes and stocks courtesy of Delphi Digital. According to the team responsible for this research within Delphi Digital:

“The acceleration in BTC’s performance comes at a time when conventional risk assets, notably global equity markets, continue to see selling pressure […],” the team continues on to explain.

“May’s outperformance has been especially important given the broader weakness across many other asset classes.”

Investment Flight Takes Shape From Riskier Assets While Bitcoin is Unperturbed

The current landscape for mainstream investment markets as well as public equity are undergoing a phase of anxiety amid some continually bad news internationally. It’s because of this that it, the team concludes, is “riddled with concerns.” One of the more prominent examples that we have for this would be the New York Stock Exchange.

The ‘concerns’ and bad news in question is pretty ubiquitous whether you’re paying attention on the radio, TV or newspapers – with earnings expectations for workers remaining relatively stagnant, continuing macroeconomic concerns relating to the ongoing trade disputes between China and the United States as well as a broader discontent over the rate of economic growth has since resulted in investors retreating from more ‘risky’ assets in exchange for what we refer to as ‘safe haven assets’ such as US Treasuries, government bonds and Precious Metals.

Even with this investment ‘flight’ which takes place in a bearish climate, even against ‘safe’ assets like Gold, Japanese Yen, and WTI Crude, Bitcoin still managed to more than trounce these tenfold over May along.

Courtesy of Delphi Digital

Within the body of its research, Delphi Digital went on to explain that, while Bitcoin had managed to take some serious ground compared to its conventional rivals, investors cannot rest on these digital laurels.

“Contrary to its recent history, Bitcoin has remained largely unaffected by the sell-off in risk assets, though expectations for market volatility are trending higher,” its analysts continued. “It is still too early to claim victory yet, but BTC’s uncorrelated nature has so far proved true.”

The analysts of the team have since determined that, even if investors were to allocate small volumes of BTC within their more conventional investment portfolios – such as one made up of 60 percent stock assets and 40 percent fixed income) over the course of three years, served to dramatically boost the kinds of annual returns obtained by the investor.

When we take this into consideration, it makes a great deal of sense, especially when looking at the kind of Bullish charge that Bitcoin underwent over the course of 2017.

“Just a 3-percent allocation (which we acknowledge is still a sizable position for most conservative investors) would have generated a compound annual growth rate of 12 percent over the last 36 months, without raising the portfolio‘s volatility or maximum drawdown by much,” said the firm.

Bitcoin’s price is $8,193.17 BTC/USD exchange rate today. The real-time BTC market cap of $145.34 Billion currently ranks #1 with a chart dominance at 55.91%, daily trading volume of $6.62 Billion and live coin value change of BTC -6.56 in the last 24 hours.

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Author: James F

BINANCE COIN Price Prediction: Long-term (BNB) Value Forecast – June 2

Binance Coin (BNB) Up $300 Million in 5 Days, Path to $26?
  • The bulls sustained momentum in the long-term outlook.
  • $44.00 in the supply area is on the card.

BNB/USD Long-term Trend: Bullish

Supply zone: $50.00, $70.00, 90.00
Demand zone: $10.00, $8.00, $6.00

BNBUSD is in the bullish trend in its long-term outlook. The bullish momentum was briefly lost on 26th May after a steady increase in price to $38.64 in the supply area. The drop in price to $29.83 in the demand area was initiated by the bearish spinning top.

$29.64 in the demand area was the low of the week at the lowerline of the channel as the candle closed with a wick an indication of exhaustion.


A bounce to the upside is most expected. The confirmation with the bullish hammer closing above the 10-EMA was most suitable on 31st May. Increased bullish momentum the candle pushed price back up to $34.67 in the supply area.

$44.00 in the upper line of the channel is the bulls’ initial target in the long-term.

The views and opinion as expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Azeez M

ZCASH Price Prediction: Long-term (ZEC) Value Forecast – June 2

Zcash-Fixes-And-Discloses-Vulnerabilities-That-Would-Allow-For-Infinite-ZEC-Counterfeiting
  • The journey to the north may be sustained with strong bullish pressure.
  • $100.00 in the supply is the bulls first target in the long-term.

ZEC/USD Long-term Trend: Bullish

Supply zone: $120.00, $140.00, $160. 00
Demand zone: $50.00, $40.00, $30.00

The long-term outlook of ZCASH is uptrend. The bullish spinning top on 23rd May formed after bearish exhaustion at $67.74 in the demand area signaled the bulls returned. The cryptocurrency was up at $89.23 in the supply area with a large engulfing candle on 23rd May.


The week ended on a bullish note after price rose to $97.95 in the supply area due to increased bullish momentum. The cryptocurrency was at this supply area on 29th November 2018, almost six months ago.

Price is above the two EMAs and the stochastic oscillator is up at 62%. These suggest strong bullish momentum to the upside.

A breakout at $100.00 in the supply area and a subsequent retest may occur in the long-term

The views and opinion as expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Azeez M

NEO Price Prediction: Long-term (NEO) Value Forecast – June 2

  • The long-term outlook is in a bullish trend.
  • The 1.618 in the fibs at $19.17 is the bulls target in the long-term.

NEO/USD Long-term Trend: Bullish

Supply zone: $20.00, $30.00, $40.00
Demand zone: $2.00, $1.00, $0.50

NEO continues in the uptrend in its long-term outlook. The strong pressure on the cryptocurrency by the bulls’ comeback at the 61.8 on 18th May has kept price up with new high each week. $12.59 and $15.04 in the supply area were the highs on 20th and 30th May respectively.


The new week is started on a bullish note with today’s opening candle at $13.72 higher than last week opening price at $11.45, an indication that the bulls are more in the market.

Price is above the two EMAs that are fanned apart which suggest strength in the trend and in this case the uptrend.

The journey to 1.618 of the fib extension with price at $19.17 in the supply area is the bulls target in the long-term as the bullish momentum increase and more bullish candle open and closed above the two EMAS.

The views and opinion as expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

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Author: Azeez M

TRON Price Prediction: Long-term (TRX) Value Forecast –June 2

Legit Reasons to Why Tron (TRX) is Growing in a Bear Market with New Additions & Increasing Numbers?
  • The bulls remain dominant in the long-term outlook.
  • Minor correction may occur at $0.04083 in the supply area before the bullish continuation

TRX/USD Long-term Trend: Bullish

Supply zone: $0.0800, $0.1000, $0.1200
Demand zone: $0.01000, $0.00800, $0.00600

Tron long-term outlook continues in a bullish trend. $0.03319 in the supply area predicted in last week analysis was hit on 27th May as the bulls stage a strong comeback.

The cryptocurrency rose to $0.03651 in the supply area before the bear took control of the market after the formation of a bearish doji on 28th May.

The bears dropped price to $0.2969 in the demand area and created a unique bullish flag on 30th May but a breakout to the upside occurred with an engulfing candle as price ended the week on a bullish note with price at $0.03928.


With price already up at $0.04083 in the supply area above the two EMA a retest of the area, the cryptocurrency was last year July 29th.

The bulls may sustain the momentum to the upside in the long-term as confirmed by the signal of the stochastic oscillator pointing up at 76%.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

Why is Bitcoin’s Price and Cryptocurrencies Expanding So Strong These Last Months?

Why is Bitcoin's Price and Cryptocurrencies Expanding So Strong These Last Months?
  • Digital currencies continue to expand in the cryptocurrency market
  • Bitcoin, Litecoin, Binance Coin and Tron are some of the best performing cryptos

Bitcoin (BTC) is getting close to $9,000 and the sentiment in the market remains very positive for several virtual currencies. However, not only is the price of Bitcoin currently in a gowing trend, there are other virtual currencies that are also showing their strengths, including Litecoin (LTC), Binance Coin (BNB) and Tron (TRX), among others.

Digital Currencies Continue To Expand

The virtual currency market is being flooded by positive sentiment due to different factors and announcements. Bitcoin has been receiving large amounts of funds from large investors, usually called whales, that are trying to store Bitcoin for the upcoming bull run.

After the spike that Bitcoin experienced a few days ago in which it surpassed $9,000, the network has seen nine large transactions. A whale moved over 27,000 BTC worth $236 million in separate transfers. However, one of these transactions of 1,500 BTC was transferred to a crypto platform. This could mean that the user was trying to sell the coins after this spike.

Litecoin is also moving forward. The digital currency has experienced a very large price increase since it bottomed in December 2018. Indeed, it grew over 420% since that moment, showing that there is a lot of buying pressure behind this digital currency.

The main catalyst behind this price increase in Litecoin is related to the fact that the digital currency is going to experience a halving as soon as in August 2019. Litecoin miners are going to be receiving 12.5 LTC per block when they currently receive 25 LTC. This is going to be very bullish for Litecoin’s price because there will be a slower issuance of LTC and if the demand for the virtual currency grows, the cryptocurrency is expected to register new highs.

At the same time, the Litecoin Foundation and developers are working in order to bring fungibility to Litecoin. This is also very positive for the digital asset and could help the digital currency to reach new users around the world.

Binance Coin, that has been created by the crypto exchange Binance, is also reaching new all-time highs. The digital asset moved from $4.5 to over $30 in 6 months. Binance has been working on different projects that give more utility to the virtual currency that now can be used to pay for fees at the Binance exchange, to power the Binance DEX, and to participate on the Binance Launchpad.

The digital currency could continue to grow in the future as analysts believe that the use cases related to it are going to increase.

Tron is also expanding in the market with an announcement that Justin Sun has recently made. He said that they will be informing the community about a project they are now working on and that it is related to BitTorrent (BTT).

Justin Sun is the CEO of Tron and BitTorrent. He is known for using social media in a very strategic way. He announces new partnerships, developments and how Tron and BitTorrent continue to expand around the world.

Currently, Bitcoin has a market capitalization of $154 billion and a price of $8732. Litecoin is the 6th largest crypto, it has a market capitalization of $7.17 billion and each LTC can be purchased for $115. Binance Coin comes after Litecoin in terms of market capitalization with a valuation of $4.73 billion. Each BNB can be purchased for $33.51. Finally, in the 10th position comes Tron with a market cap of $2.7 billion and price per coin of $0.04.

Bitcoin’s price is $8,748.36 BTC/USD exchange rate today. The real-time BTC market cap of $155.17 Billion currently ranks #1 with a chart dominance at 56.02%, daily trading volume of $5 Billion and live coin value change of BTC 2.12 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$8,748.3608 change ~ 2.12%

Coin Market Cap

$155.17 Billion

24 Hour Volume

$5 Billion

24 Hour VWAP

$8.69 K

24 Hour Change

$185.4545

“}” data-sheets-userformat=”{“2″:14849,”3”:{“1″:0},”12″:0,”14″:[null,2,0],”15″:”Open Sans”,”16″:11}”>Bitcoin’s price is $8,748.36 BTC/USD exchange rate today. The real-time BTC market cap of $155.17 Billion currently ranks #1 with a chart dominance at 56.02%, daily trading volume of $5 Billion and live coin value change of BTC 2.12 in the last 24 hours.

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Author: Carl T

Bitcoin to Hit $400,000 BTC/USD Within the Next 10 Years if Pattern Continues

Bitcoin to Hit $400,000 BTC/USD Within the Next 10 Years if Pattern Continues
  • Bitcoin starts June at $8,500 and is currently at above $8,700 after a bit rocky ending of the “bullish” May month
  • BTC forms a technical pattern that occurred only 6 times in its history
  • Only three times ever the Top Goon X visited the lower red zone, last two times resulted in the surge of 5,000%

Despite experiencing instability in the past few days, Bitcoin is maintaining its bullish momentum as it starts June at $8,500 level. The last month tuned out to be the best month in a long time as it registered more than 60 percent gains.

Currently, the world’s top cryptocurrency is trading at $8,734 with 24 hours gains of 1.44 percent.

BTC/USD chart, Source: TradingView

Zooming out and looking at the price of Bitcoin in a one month period, we can see the leading cryptocurrency is in a firm uptrend despite seeing the recent bout of volatility that saw Bitcoin going from $5,300 to the highs of $9,000 only to see a drop of 12 percent.

This bullishness signals that a major uptrend is coming as crypto analyst, Josh Olszewicz took to Twitter to share how the recent technical pattern formed by Bitcoin has occurred only a handful of times.

He points out how 100 EMA/100 SMA crosses only happened 6 times in the entire history of Bitcoin which this time occurred on May 14th.

Bitcoin Trend Reversal and Continuation

According to the momentum based indicator Top Goon X indicator, if the pattern continues, Bitcoin could explode to $400,000 as shared in a recent tweet by cryptocurrency investor and stock trader NebraskanGooner.

While sharing the Bitcoin chart that depicts the parabolic rise of Bitcoin to $400,000 per BTC, crypto analyst NebraskanGooner shares how as shown by the black arrow, the trend reversed with the gains we saw in May month. By breaking above the lower red zone, we got the indication of a shift in the momentum.

This also shows the break in the trendline, shown by the red arrow, that leads to the market hitting the bottom both in 2015 and 2018. Last year, we saw BTC hitting the bottom at $3,150 from where it started surging in 2019. But the bull run got into effect when the surge in April started and further got driven by May’s monster rally.

NebraskanGooner points out how only three times ever the Top Goon X visited the lower red zone. The last two times it happened, Bitcoin gained about 5,000 percent in value once the minimum broke above the zone.

Though, in the short time, Bitcoin could see the drop, in 2021 as the green arrow shows, the uptrend will continue. The analyst further says we are still early in the uptrend and if Bitcoin sees another 5,000 percent rise, we would reach the level of per BTC to be worth $400,000.

Bitcoin’s price is $8,748.36 BTC/USD exchange rate today. The real-time BTC market cap of $155.17 Billion currently ranks #1 with a chart dominance at 56.02%, daily trading volume of $5 Billion and live coin value change of BTC 2.12 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$8,748.3608 change ~ 2.12%

Coin Market Cap

$155.17 Billion

24 Hour Volume

$5 Billion

24 Hour VWAP

$8.69 K

24 Hour Change

$185.4545

“}” data-sheets-userformat=”{“2″:14849,”3”:{“1″:0},”12″:0,”14″:[null,2,0],”15″:”Open Sans”,”16″:11}”>Bitcoin’s price is $8,748.36 BTC/USD exchange rate today. The real-time BTC market cap of $155.17 Billion currently ranks #1 with a chart dominance at 56.02%, daily trading volume of $5 Billion and live coin value change of BTC 2.12 in the last 24 hours.

“}” data-sheets-userformat=”{“2″:513,”3”:{“1″:0},”12”:0}”>Today’s Bitcoin Price Analysis, Chart Forecasts and Industry News

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Author: AnTy