Category: oracletimes

Monero (XMR), A Coin To Keep Your Eyes On For The Future

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The market seems to be unable to let go of the bearish trend that governed it throughout 2018.
Prices are barely moving, and predictions, both lousy and positive, are floating around involving various digital assets.
If you’re a novice investor, it’s probably extremely challenging to know which coin you should first add to your wallet because even if there are more than 1000 tokens, they’re all promising mind-blowing performance.
Mass adoption is not here yet for any of the coins though things seem to be moving great for some of them in this direction.
Bitcoin (BTC) is one of them because Samsung might release a new smartphone with a crypto wallet implemented in it.
Ripple’s XRP is another one as more and more institutions are starting to use xRapid powered by the digital asset, and Monero as well since XMR has already become the favorite coin on dark web and more.
Monero (XMR) Speaking of Monero, one of the reasons for which XMR will likely gain more popularity in the future is that the wealthy have to stay hidden from the public eye, as Cryptorecorder notes.
The online publication writes that “Ever since income inequality began gaining prominence in the media, criticism for the wealthy has increased. Rather than be envied and adored for their wealth, wealth is now facing criticism, irrespective of how it is acquired.”

They continue and explain that “The perception is that the wealthy are favored by policies, such as tax policies, hence fueling inequality. As the world population grows, the rich get richer, and the rest of the population struggles, criticism for the wealthy will grow.”
These seem to be the main reasons for which XMR will definitely gain more prominence in the future.
A few days ago Gate.io revealed that it was introducing a Perpetual Contract Trading product for more digital; assets including Monero (XMR) and Stellar (XLM).
The post Monero (XMR), A Coin To Keep Your Eyes On For The Future appeared first on Oracle Times.

Tron Rules Them All: Weiss Ratings Acknowledges TRX’s Popularity, Says TRX/USD Pair Is The Most Bullish Of All Top 10 Projects

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Tron continues to be in the spotlight for all the right things.
Just a few hours ago, Weiss Ratings which you already know is an important name in the crypto sphere, announced on Twitter and they are acknowledging the fact that Tron has already proven its massive popularity.
They also highlighted that the TRX/USD trading pair is currently the most bullish looking of any top 10 projects, revealed Etehereumworldnews.
Weiss Rating also revealed that they used to give the project a pretty hard time with their strong criticism.
Excitement in the Tron community The Tron community was more than enthusiasts to receive Weiss Ratings’ message and they made sure to make it all public.
Someone noted that “The TRX/BTC chart is also one of the strongest/bullish charts in this crypto bear market.”
Another person tweeted that “#TRX always makes haters eat their words! Now chew them slowly,” and another Tron enthusiast said that “There’s legitimacy to the project with strong partnerships regardless what anybody thinks of it, it’s just going to get bigger.”
One other excited Tron fan posted “Thanks Weiss Ratings for seeing a brighter future for the millions of Tron fans out there. We might be only 1.5M people, but we are growing month over month at a much quicker rate than me other communities out there. ETH might be that Yahoo while Tron be that Amazon. Who knows!”
The TRX/BTC chart is also one of the strongest/bullish charts in this crypto bear market. pic.twitter.com/0zZ0QLaqER
— TheCryptoButcher (@ButcherboyMike) January 25, 2019
Reasons for TRX being bullish First of all, Tron is a really popular project thanks to its achievements, but also to Justin Sun who is the project’s most enthusiastic supporter.
The Tron community is also large and extremely active on social media.
Then there’s also the BTT token sale coming up on January 28, and this has definitely caused pretty massive excitement around TRX. The very first BTT airdrop is scheduled for February 11 and holders of TRX will get BTT airdrops on the 11th of each month until February 2025.
And last but not least, Tron keeps welcoming new dApps, partnerships and more.
The post Tron Rules Them All: Weiss Ratings Acknowledges TRX’s Popularity, Says TRX/USD Pair Is The Most Bullish Of All Top 10 Projects appeared first on Oracle Times.

Ripple Adoption Expands: Third Largest Bank In Saudi Arabia Announces Its Ripple-Powered Cross-Border Payments Pilot Is Live

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Ripple just welcomed one more member aboard.
SABB, the Saudi British Bank in the third largest bank in Saudi Arabia and it just revealed that it’s currently one of three banks which have the go-ahead from the country’s central bank to test Ripple’s solutions and services.
Offering customers instant payments The company’s head of global liquidity and cash management Ghada Al Jarbou said that SABB is pushing to offer its customers instant international payments as soon as possible.
He explained that “Saudi Arabia is one of the largest remittances markets in the world, so a key focus is improving cross-border payments, making them cheaper and faster for our corporate clients.”
Jarbou continued and said that “While the central bank is working on domestic instant payments offerings and investigating the possibility of real-time cross-border transactions with the UAE using a cryptocurrency, we are keen to offer instant payments on a global scale as soon as possible. We have just gone live end of December 2018.”
Ripple gaining field in the Middle East Dilip Rao, Ripple’s head of infrastructure innovation recently said that the company is moving quickly and gaining more and more presence in the Middle East.
It seems that Ripple targeted this specific region as the central place for the early adoption of blockchain-based payments solutions.
Rao also made sure to highlight that Ripple had signed up to about 200 financial institutions all over the globe and many of them are from this specific area.

He also said that they have three banks in Saudi Arabia, two in Kuwait, one in Oman, one in Bahrain, and a couple of banks in UAE.
Rao concluded by saying that this region is basically the fastest growing marketplace.
And back to SABB, the bank did not specify exactly whether they will be using xRapid or xCurrent.
Just recently, Ripple's partner Mercury FX revealed that they would be moving millions of dollars via Ripple's tech.
The post Ripple Adoption Expands: Third Largest Bank In Saudi Arabia Announces Its Ripple-Powered Cross-Border Payments Pilot Is Live appeared first on Oracle Times.

Tom Lee Maintains His Prediction That Bitcoin (BTC) Will Hit $25K – Potential Catalyst For A Price Surge

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Tom Lee, head of research at Fundstrat, was popular for having what others may have seen as bold predictions regarding Bitcoin.
Bitcoin to hit $25k? Last year, for instance, Lee predicted that BTC would hit $25k by the end of the year, but then, seeing the bearish market which was not planning to change, he changed his prediction and said that a lower forecast is appropriate: $15k.
As you all know, an apocalyptic fall of cryptos left the markets down and BTC was priced at only $3,750 at the end of 2018.
Now, Lee says that he maintains his bullish prediction of $25k for the price tag of BTC.
During a brand new interview with Fox Business, Lee said that despite the fact that he still believes this, he doesn’t know when such a thing might happen.
Potential catalyst for a BTC price surge Tom Lee is not the only voice in the cryptosphere with such positive thoughts on Bitcoin.
Other than this, there are also more positive predictions regarding the price of Bitcoin in the financial field coming from NASDAQ and more.
One of them comes from Gemini founder, crypto mogul Tyler Winklevoss who said that BTC is walking the right path to surpass the market cap of gold which is currently around $7 trillion.
One interesting thing that might trigger mass adoption is coming from an unexpected company: Samsung.
The tech giant is preparing the reveal of its next flagship that everyone’s waiting with high enthusiasm: the Galaxy S10.
2. pic.twitter.com/BkmPC9IC8a
— Gregory Blake (@GregiPfister89) January 22, 2019
The phone may include the Samsung Blockchain KeyStore that seems to be a blockchain wallet, according to the latest leaks on the matter.
This can reportedly act as a secure and convenient place to hold your digital assets, and it can enable users to own total control over their private keys and cryptos.
But if Samsung’s next flagship does come with a mobile wallet implemented, considering the success that Samsung has with its smartphones, this would be a massive step towards mass adoption and, who knows, maybe BTC's price would see new heights again.
Humble opinion: if Samsung integrates crypto to Galaxy S10, I think it may have a bigger impact than ETF and Bakkt combined.
Partially because no one really knows what kind of exposure ETF / Bakkt will bring meanwhile millions of people use Samsung phones daily.
— Joseph Young (@iamjosephyoung) January 24, 2019
This move is expected to have a more important impact on the markets compared to Bakkt and Bitcoin ETFs.
The post Tom Lee Maintains His Prediction That Bitcoin (BTC) Will Hit $25K – Potential Catalyst For A Price Surge appeared first on Oracle Times.

Ripple’s Partner Mercury FX Will Move Millions Of Dollars Via xRapid – SWIFT And Fiat Currencies, To Be Replaced

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Not too long ago, we announced that Ripple’s partner, Mercury FX revealed that the company processed their most substantial payments across RippleNet using XRP.
Mercury FX made their most substantial payment via Rapid They moved $4,552.41 from the UK to Mexico and revealed that Mustard Foods from the UK was able to save 31 hours and over $100 with this transaction.
Mustard Foods is the food production company that supplies more than 500 restaurants in the UK and Europe.
The company has been enjoying the benefits from RippleNet by being able to make faster and cheaper payments to suppliers in order to get their ingredients quickly, giving a try to Ripple’s services.
Larger payments were expected after the success of this one, and the plans seem to continue.
Mercury FX said that it plans to continue sending more substantial payments until we’ll be looking at millions of dollars.
“Rather than see cryptos and blockchain technology as a threat, we have for some time been looking at the optimal ways to embrace and integrate said technologies,” they said.
Mercury FX also brought up SWIFT and said that the network and fiat money will eventually be replaced: “We believe that the more established blockchains will eventually replace the SWIFT network alongside other, frankly, clunky payments networks. Cryptos will be used as a conduit to replace fiat eventually…”
The company said that even if they started with smaller amounts, they would be adding zeros until they reach millions.
1/1 We've made our largest payments across RippleNet using #XRP – 86,633.00 pesos (£3,521.67) from the U.K. to Mexico in seconds. pic.twitter.com/WsHJuZTiOy
— Mercury-fx Ltd (@mercury_fx_ltd) January 17, 2019
Testing a payment corridor between Mexico and the Philipines Mercury FX also revealed that they are testing a payment corridor between Mexico and Philipines. The plan is to bring currently unconnected markets into the fast lane of global finance.
They want to help people get access to the international markets and monetize their goods and services.
Mercury FX believes that the possibilities for poverty alleviation are vast and not just regarding lower costs but also financial returns for the emerging markets.
In other news, Ripple just released a new report in which the company highlights some really important achievements.
The post Ripple’s Partner Mercury FX Will Move Millions Of Dollars Via xRapid – SWIFT And Fiat Currencies, To Be Replaced appeared first on Oracle Times.

With Over 300 Top-Branded Cards, Dash (DASH) Direct Conversion Into eGift Cards, A Major Boost

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Despite the glitches digital currency is facing coupled with the massive deep experienced lately, the nooks and cranny of the world is feeling the breeze of cryptocurrency and they want to grab it for use as soon as possible.
Dash (DASH) is amongst the cryptocurrencies disrupting the world, and it has been handed a major boost in the realm of one of the latest means of transaction in the finance space, eGift Cards.
Courtesy of a partnership sealed between Anypay and eGifter, conversion of DASH digital cash directly into eGift cards has been made available for users. The development, according an update, will now make users boycott conversion into fiat before changing crypto cash into Gift cards.
Added to the advantage is that the gift card marketplace, eGifter, presents over 300 top-branded eGift cards to US and global brand.
Tyler Roye, the CEO of eGifter, averred that it is a great development for the three companies involved, and eGifter is elated to present Dash crypto as a payment method on its platform.
“We’ve been bombarded with requests to accept DASH on our site, so we were anxious to join the DASH community, and Anypay made it happen quickly and easily,” Roye said.
While reflecting on the partnership, the CEO of Anypay, Steven Zeiler, noted it is a great pleasure to bridge the DASH community with millions of products.
“We are delighted to be able to connect the DASH community to millions of products and services available from the hundreds of major brands offered by eGifter,” Steven Zeiler stressed.
Before now, eGifter has been accepting Bitcoin and some other Cryptocurrencies as payment option on its platform. However, the introduction of DASH, a privacy oriented cryptocurrency, is sure an intriguing development for users of eGifter.
Also, the speedy confirmations offered by Dash as well as split-second transactions from Anypay will enhance crypto transaction on the platform.
About Anypay The global payment network with free POS system, Anypay, had been a partner of Dash (DASH) for some time.
Courtesy of CoinText, an SMS-based cryptocurrency wallet, Anypay, also offers an amazing service of accepting cash via text messages through its PoS.
The post With Over 300 Top-Branded Cards, Dash (DASH) Direct Conversion Into eGift Cards, A Major Boost appeared first on Oracle Times.

Monero (XMR) And Zcash (ZEC) – Best Coins To Mine In 2019

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Crypto mining saw a decline during the past year and finding a new coin to mint can be quite a challenging task.
Usually, before you choose a new coin to mine, you should consider some important factors such as mining difficulty, recent price fluctuations of that specific coin, market cap, social media presence, the number of use cases and the developer’s background.
Mining Monero (XMR) and Xcash (ZEC) XMR and ZEC are the top privacy coins. Monero is most attractive for miners especially due to its ASIC-resistance which practically means that you could mine XMR without buying expensive hardware.
This would also disrupt Bitmain's monopoly. Bitmain came up with a special miner for XMR, but the development team throttled it with a fork that could make ASIC mining not so effective.
Cheap GPU prices and low electricity make an excellent combination for mining Monero in 2019.
You can also mine the other privacy coin, Zcash which is reportedly responsible for more than 90% of all Equihash mining.
Back in July 2018, Zcash was in the spotlight thanks to its massive mining profitability. It managed to outperform Bitcoin by 400%.

Best privacy-oriented coins Both Monero (XMR) and ZCash (ZEC) are privacy-oriented coins that have a lot of advantages but also downsides, as more and more cybercriminals prefer using them precisely due to their privacy-oriented features.
“Currently, altcoins like XMR, ZEC, and XZT are taking the lead in pursuing privacy related innovations. Innovative technology is changing the game in the blockchain industry,” Litecoin’s developer Charlie Lee said.
Regarding their real-world use cases, Monero is the preferred coin of the darknet users, but it's not only used only for illegal deals. Regular sellers are also appreciating privacy which XMR has to offer.
Monero enjoyed a successful technical hardfork back in October 2018, decreasing commissions of Monero network transactions by 90%.
ZCash has been working on a Zk-SNARK protocol which hides data.
The post Monero (XMR) And Zcash (ZEC) – Best Coins To Mine In 2019 appeared first on Oracle Times.

Samsung’s Rumored Galaxy S10 With Integrated Crypto Wallet Would Reportedly Be More Important For Mass Adoption Than Bakkt And Bitcoin ETF

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More voices in the crypto space have been saying since last year that 2019 will be the year of crypto mass adoption. Things seem to be going in the right direction.
It was recently reported that Samsung is preparing the reveal of its next flagship that everyone’s waiting with high enthusiasm: the Galaxy S10.
Samsung Galaxy S10 might come with a crypto wallet This phone has been making headlines for quite a while and what’s certain at the moment is the fact that the tech giant will present it during their annual Samsung Unpacked event.
The new model of Samsung may include the Samsung Blockchain KeyStore that seems to be a blockchain wallet.
This can reportedly act as a secure and convenient place to hold your digital assets, and it can enable users to own total control over their private keys and cryptos.
It’s also reported that users can create a new wallet.
The system works on the blockchain with the digital coins that Samsung will decide to support.
Such a smartphone would shake the cryptospace If Samsung’s next flagship does come with a mobile wallet implemented, considering the success that Samsung has with its smartphones, this would be a massive step towards mass adoption.
Daily Hodl reports that if the rumors are true and this phone comes with an integrated crypto wallet than this would be more important than the launch of Bakkt and the approval of a Bitcoin ETF combined.
2. pic.twitter.com/BkmPC9IC8a
— Gregory Blake (@GregiPfister89) January 22, 2019
The Galaxy S10 will be revealed on February 20, and the launch date will be sometime in March.
It’s also important to mention another hint that the phone might have something blockchain0related.
Humble opinion: if Samsung integrates crypto to Galaxy S10, I think it may have a bigger impact than ETF and Bakkt combined.
Partially because no one really knows what kind of exposure ETF / Bakkt will bring meanwhile millions of people use Samsung phones daily.
— Joseph Young (@iamjosephyoung) January 24, 2019
Joel Snyder, a senior IT consultant, published a blog post on Samsung’s Business Insights, “Why Smartphones Have the Best Security for Blockchain and Cryptocurrency.”
Speaking of Bakkt, the launch of the futures exchange has been delayed once again. It was supposed to be launched yesterday, but it seems that due to the government shutdown this will not go as planned.
This hasn't stopped Bakkt from launching a hiring campaign.
The post Samsung’s Rumored Galaxy S10 With Integrated Crypto Wallet Would Reportedly Be More Important For Mass Adoption Than Bakkt And Bitcoin ETF appeared first on Oracle Times.

JP Morgan Believes That Bitcoin Did Not Hit Rock Bottom Yet – BTC Expected To Fall Below $1,260 If Bears Don’t Leave The Market

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Bitcoin (BTC) saw the hardest fall in value back in 2018 when the whole crypto market has been under the reign of a bearish trend that lasted the whole year.
Even if crypto experts said that the past year was just a year of maturation for the market, a year which separated the useless flawed coins from the valuable and innovative projects and this year was expected to get better; it seems that things are not going in any positive direction.
The bears don’t seem to want to leave the crypto market just yet.
JP Morgan believes BTC might fall below $1,260 An exclusive report coming from Reuters reveals that JP Morgan’s analysts are currently expressing their cynicism towards crypto, especially Bitcoin.
The Wall Street Giant whose chief executive Jamie Dimon has been bashing BTC over time released a report on the crypto and blockchain expectations, and it does not look too good.
Analysts claim that digital assets and the blockchain tech will likely have zero impact on the financial system for three to five years from now.
The report says via Ethereumworldnews that “Bitcoin, is limited, noting that such digital Mediums of Exchange (MoE) and Stores of Value (SoV) would only be truly viable if the gold, U.S. fiat, and other government-issued currencies collapsed.”
The original report notes that “Even in extreme scenarios such as a recession or financial crises, there are more liquid and less-complicated instruments for transacting, investing and hedging.”
The bank’s analysts said that BTC could find support at $2,400 but it could fall below $1,260 if the bear market continues.

Positive predictions Other than this, there are also more positive predictions regarding the price of Bitcoin in the financial field.
One of them comes from Gemini founder, crypto mogul Tyler Winklevoss who said that BTC is walking the right path to surpass the market cap of gold which is currently around $7 trillion.
The post JP Morgan Believes That Bitcoin Did Not Hit Rock Bottom Yet – BTC Expected To Fall Below $1,260 If Bears Don’t Leave The Market appeared first on Oracle Times.

Bakkt Launches A Hiring Campaign For Futures Exchange Following The Delay Of Its Launch

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Bakkt has been seen as the savior of the whole crypto space since back in 2018.
This would be the host of the very first Bitcoin-settled futures contract in the world.
Bakkt, the holy grail of the cryptosphere Bakkt is aiming to create a more than liquid, well-policed US regulatory-approved market to trade BTC.
It will also focus on offering a scalable system for consumers, businesses, and merchants to use BTC in order to process the most efficient global commerce pricewise.
Bakkt was scheduled to launch on January 24th, and it’s expected to trigger a boost in the cryptos’ prices or at least, more support. But the launch has been delayed once again.
The outlook seems increasingly promising. According to The Wall Street Journal, Bakkt ”is expected to soon get regulatory approval.”
Bakkt’s launch, indefinitely delayed Unfortunately, the launch of Bakkt has been delayed indefinitely, and the team is basically just waiting until they are granted approval by the CFTC.
The ongoing government shutdown in the US is one of the main reasons for which this delay happened.
But enthusiasts should not lose hopes because it seems that regardless, Bakkt is still making progress, Cryptoglobe announces.
CoinDesk has reported just recently that Bakkt launch a hiring campaign and it posted eight new positions on their website.
Bakkt seems to be searching for experienced developers for mobile and blockchain applications, an institutional sales manager in Asia or North America and three management positions including a director of finance, a director for blockchain engineering and a director of security engineering.

Bakkt is aimed “at institutional players who have stayed out of cryptocurrency markets out of concerns that they are unregulated and susceptible to manipulation,” according to The Wall Street Journal.
This comes right after CBOE Global Markets who was expecting that its application for a proposed rule change gets approved by the SEC, just pulled the application.
The post Bakkt Launches A Hiring Campaign For Futures Exchange Following The Delay Of Its Launch appeared first on Oracle Times.