| Aion (AION) |  | The Aion network is a multi-tier blockchain network designed to support a future where many blockchains exist to solve unique industry problems and to power the services of the modern world. Aion aims to become the common protocol used for these blockchains, enabling more efficient and decentralized systems to be built. The Aion protocol enables the development of a federated blockchain network, making it possible to seamlessly integrate dissimilar blockchain systems in a multi-tier hub-and-spoke model, similar to the internet.
It has a current market cap of over $48.6million, a circulating supply of 265 million, and has traded over $5.1 million in volume during the past 24 hours according to CoinMarketCap.com.
AION/BTC is currently trading above the neckline of a double bottom price pattern. A close above 0.0000433 would be potential confirmation with a target at 0.0000543. The target is based on the height of the formation added to the breakout level. A potential stop could be placed below 0.0000410.
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| | News To Know | | 90% Of Monero Mined
It is estimated that by the middle of 2022 there will be over 18.4 million Monero XMR coins in circulation, but it's recently come to knowledge that over 90 percent of XMR has already been mined. According to data from MoneroBlocks.info, a Monero blockchain explorer, the privacy enabled cryptocurrency has emitted near to the 16.6 million XMR.
Coinbase Launches Educational App Allowing Traders to Earn Crypto
Coinbase, one of the largest crypto exchange in the United States, has launched a cryptocurrency educational program called 'Coinbase Earn' which will also incentivize the learners with digital assets. "Coinbase Earn allows users to earn cryptocurrencies while learning about them in a simple and engaging way.
Which blockchain phone to add to your Christmas wish list?
It's December and Christmas is already here. It's that time of the year we all start thinking about treating ourselves and loved ones to new tech. Check out these blockchain phones and see which one would be good for the Xmas season. At least, if you missed the Lambo ride, don't miss the blockchain phone too.
Coinbase Talks About the Largest Crypto Transfer on Record
One of the largest cryptocurrency exchanges in the US, Coinbase recently moved about 5% of all BTC, 8% of all ETH and 25% of all LTC in circulation to secure storage. The migration also included several other tokens, and the exchange considers it the largest crypto migration on record.
Ripple Blames the Lack of Regulatory Clarity for the Banks' Reluctance to Use XRP
Marjan Delatinne, Ripple's head of banking, has recently commented on the current situation regarding the role of XRP in the banking industry. According to Delatinne's statement, banks are not in a hurry to use XRP or even its xRapid which is XRP-powered, because of the lack of regulatory clarity.
Further Investigations into World's Leading Stablecoin
Earlier in the week, it was reported by Bloomberg that "Crypto-Mystery Clues Suggest Tether Has the Billions It Promised," alluding to statements which go back four months of money cash held in Tether's dollar reserves. Unfortunately, though, these claims don't ensure the leading stablecoin to be backed one-to-one prior to the date of the bank statements, or even somewhere in between reporting periods.
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| | | Source: Coinmarketcap.com | | | |
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