| TrueUSD (TUSD) |  | TrueUSD is a regulated stablecoin that is backed 1-for-1 with US dollars. Its legal framework enables you to exchange USD directly with an escrow account and the funds are never touched by TrueUSD. Their open source smart contracts ensure a 1:1 parity between TrueUSD and USD in the accounts. It has a market cap of over $205.6 million, a circulating supply of over 204.8 million and has traded over $47.1 million in the last 24 hours according to CoinMarketCap.com.
TUSD/BTC is currently trading in a symmetrical triangle formation. A close above 0.0002700 would be an indication of a bullish breakout with a potential target at the December high near 0.0003200. A bullish breakout would mean that Bitcoin is breaking down against the USD and being long TUSD is a way to short Bitcoin. A potential stop could be placed below 0.0002550.
[SPONSORED CONTENT] | | | 3 Cryptos to Overthrow Bitcoin
I warned investors not to buy Bitcoin. Bitcoin lovers went berserk—but we were right and it crashed. The truth is, Bitcoin is a dinosaur, and those who heeded our warnings could have avoided big losses. I know of three cryptocurrencies far better than Bitcoin.
Now is a great time to get into these 3 cryptos along with a few others we've identified as potential big winners.Free presentation tells you about the cryptocurrencies poised to knock the socks off Bitcoin and dominate the entire crypto market. Click here to watch it now. | | 
| | News To Know | | Overstock to Become the First Major US Corporation to Pay Taxes with Bitcoin
According to an official press release, the US-based internet retailer Overstock intends to pay its commercial activity taxes (CAT) in Ohio in February using Bitcoin. This announcement is following the statement of the state of Ohio in Nonmember that Ohio will become the first state which allowed businesses to pay their taxes using the world's leading digital currency. This is possible through an online portal Ohiocrypto.com.
OKEx To Support the Upcoming Ethereum (ETH) Constantinople Hard Fork
Prominent crypto exchange of OKEx has announced that it will be supporting the upcoming Ethereum (ETH) Constantinople Hard Fork that is scheduled to take place at the block height of 7,080,000. The exact date is not known but it is estimated that the event will occur between January 14th and 18th, 2018. OKEx's announcement comes a day after Binance also stated that it will be supporting the Constantinople hard fork.
Crypto Lending Companies Have Been Laughing all the way to the Bank this Bear Market
Crypto lending businesses are prospering from bitcoin's collapse, as both borrowers and investors aided in bringing in higher revenues. There has been a reportedly lower risk for lenders due to collateral and margin calls. Some lenders reported ten-fold customer growth and increased hiring as per a Bloomberg report on January 2, 2018.
New Full Node Client 'Bitcoin Verde' Joins the BCH Ecosystem
Bitcoin Cash (BCH) supporters were greeted on Thursday by another new full node client, library and blockchain explorer for the BCH chain called Bitcoin Verde. The creator of Verde says it is a ground-up implementation of the BCH protocol and the project has a few different aspects than the wide variety of full node clients used today.
Shares of Chip Makers Nvidia and AMD Performed Very Differently in 2018 As Crypto Prices Declined
2018 was one of the most tumultuous years for crypto with all-time highs giving way to an over 80% decline. The crypto mining industry suffered along with crypto traders, but the shares of chip makers AMD and Nvidia performed very differently, with AMD recording big gains while Nvidia declined. Business Insider analyzed the divergence in share prices of the two chip manufacturers.
Survey Says: Coinbase May Offer a Subscription for Lower Transaction Fees
San Francisco-based crypto exchange Coinbase made big moves in 2018, with a number of acquisitions, platform re-brands and additional product launches to improve the user experience on the popular platform. It now looks like 2019 could see much of the same as a recent survey indicates that Coinbase is considering a subscription model for investors looking to reduce their transaction fees.
| | Top Movers | | | Top 5 Gainers | | | 
| | Top 5 Losers | | | 
| | | Source: Coinmarketcap.com | | | |
No comments:
Post a Comment