| QuarkChain (QKC) |  | QuarkChain is a permissionless blockchain architecture that aims to meet the global-wise commercial standard. It provides a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS. It has a market cap of over $25.6 million, a circulating supply of over 801.6 million and has traded over $5.3 million in the last 24 hours according to CoinMarketCap.com.
QKC/BTC is currently trading above its January 31 high of 0.00000879. A close above this level is an indication that the trend may be reversing and will retrace the prior downtrend in late January. The 61.8% Fib retracement is near 0.00001000 and is a typical retracement level. A potential stop could be placed below 0.00000865 and raised below each successive higher low.
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| | News To Know | | TRON's BitTorrent Token (BTT) up an Incredible 569% Since Last Week's Launch
On Monday (February 4th), a day after getting listed on cryptocurrency exchange KuCoin, TRON's BitTorrent Token (BTT) continued its highly impressive run since its first public sale on Binance Launchpad last Monday (January 28th), going up almost 50% against Binance Coin (BNB) in the past 24-hour period alone.
Binance CEO Predicts Amazon Coin Coming "Sooner or Later"
Amazon, Binance, Cryptocurrency–Binance CEO Changpeng Zhao has reaffirmed his belief that Amazon, the online retail "everything" store, will be forced to issue its own token in order to keep up with the rise of cryptocurrency. In a tweet published on Feb. 2, Zhao, who is one of the most prominent industry figures for cryptocurrency in addition to running Binance, stated that "Amazon will have to issue a currency sooner or later."
Forbes '2019 Fintech 50' Lists About Half as Many Blockchain Companies as 2018 Edition
The Forbes 2019 "Fintech 50" list of the world's top financial technology firms published on Feb. 4 features six blockchain companies, little more than half the amount listed in the 2018 edition. Released in February of last year, Forbes 2018 "Fintech 50" list contained 11 blockchain- and crypto-related companies.
Bill Allowing New Hampshire To Accept Taxes In Crypto In Crucial Stage
A Bill allowing New Hampshire state agencies to accept cryptocurrencies as mode of payment for taxes has been unanimously approved by the House Subcommittee. HB 470, proposed by Reps Dennis Acton and Michael Yakubovich in the first week of January, passed a key phase after weeks of deliberations by lawmakers.
Coinbase Now Supports PayPal Withdrawals for Its Customers in Europe
On Tuesday (February 5th), digital asset exchange Coinbase announced its support for PayPal withdrawals for its customers in Europe. As reported here, Coinbase first announced on 14 December 2018 that its U.S. customers could make free instant USD withdrawals to their PayPal account.
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| | | Source: Coinmarketcap.com | |
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