| AppCoins (APPC) |  | AppCoins is an open and distributed protocol for app stores. It proposes to move to the blockchain three of the most critical flows of app stores: advertising, in-app purchases and developer's approval. It has a market cap over $6.37 million, a circulating supply over 100 million and has traded over $1.34 million in the last 24 hours according to CoinMarketCap.com.
APPC/BTC is trading above resistance as it looks to trade in the higher zone of its channel that goes back to August. A close above resistance near 0.00001580 is an indication that the price will travel to the October highs near 0.00002100. A potential stop could be placed below 0.00001580 and raised below each successive higher low.
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| | News To Know | | JP Morgan Creates First US Bank-Backed Crypto-Currency
US investment bank JP Morgan has created a crypto-currency to help settle payments between clients in its wholesale payments business. JPM Coin is the first digital currency to be backed by a major US bank. The crypto-currency, which runs on blockchain technology, has been used successfully to move money between the bank and a client account.
CZ, CEO of Binance: A Major Exchange Attacked Us When We Were Small
Binance's CEO, Changpeng Zhao, recently explained how the largest crypto exchange in the world deals with attacks from other exchanges. In a personal post, Zhao states that various exchanges have targeted Binance for different reasons since and especially its early days. CZ lists several reasons why other exchanges picked on Binance; those include the fear of Binance's rapid progress, fame-seeking, attempts to use the exchange for their growth, or even pure jealousy.
CrypticCoin (CRYP) Partners with CryptoOracle to Deliver Community-Driven Global Blockchain Technology Solutions
CrypticCoin Foundation (CRYP), a global blockchain foundation focused on privacy and security, announces today that it has partnered with CryptoOracle, a community-first venture capitalist ("VC") focused on utilizing Distributed Ledger Technology ("DLT"), also known as blockchain technology, to enhance business processes. The partnership focuses on joint marketing and execution within the blockchain ecosystem.
Don't Miss the Top Ethereum Debit Cards
Cryptocurrency adoption cannot happen until cryptocurrency becomes the norm and until currencies like Ethereum have a real use, in the real world. A good example for how adoption may grow in the future is through the introduction of crypto backed debit cards. Much like a 'Debit Card' or a FIAT loaded bank card, Ethereum debit cards allow users to spend their Ethereum, both on and offline by presenting a card, loaded with Ethereum to a merchant or payment processor.
Ripple May Lose Business if SWIFT Launches its Next Generation Payment Network
Society for the Worldwide Interbank Financial Telecommunication, SWIFT is gearing towards picking up the pace set by Ripple Inc, on cross-border payments. Its plan, to launch a global instant payment system will put them on the level to give Ripple a stiff competition or even shove them off the race line.
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| | | Source: Coinmarketcap.com | |
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