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Daily Email 04-12-19
TOP Network (TOP)
TOP Network is a decentralized open communication network that provides cloud communication services on the blockchain. It’s total supply of 20 billion and has traded over $53.5 million in the past 24 hours according to CryptoSlate.com.
TOP/BTC is attempting to find support today with a potential confirmation occurring with a close above 0.00000375. The target is based on a 50% retracement of the pullback in early April near 0.00000580. A potential stop could be placed below today’s low and raised below each successive higher low.
News to Know
Fusion Is Set to Facilitate the Future of Crypto-Finance with Blockchain Operating System
Although blockchain is promising disruption across a range of industries, there are still pain points which are preventing the technology from working alongside legacy financial systems effectively. What seems to be missing is a financial operating layer to connect the dots and bring the world of traditional finance and blockchain technology together. That’s precisely what one blockchain startup from Singapore is working towards with its new blockchain platform, which it believes will become the operating system for cryptofinance.
OKEx’s C2C Platform Adds EUR, TRY and RUB Market
The Malta-based cryptocurrency exchange has announced the addition of three fiat markets – euro, Turkish lira, and Russian rubble – on its peer-to-peer fiat-to-token trading platform. In its April 12 announcement, OKEx outlined that the decision to expand its services was driven by the increasing market demand for digital asset trading around the globe.
Crypto Payment Network Flexa Rakes in $14.1m Funding
Flexa, a New York-based crypto payment network, has secured $14.1m investment. The move comes ahead of the firm’s public launch next month. Pantera Capital CIO Joey Krug said: “Flexa is one of those extremely rare applications in the cryptocurrency space that actually touches consumers in an impactful way while also solving a major problem of high fees in payments today.”
Blockstack Aims to Launch the First SEC-Qualified Token Offering
Blockstack, a decentralized computing network that enables a new generation of applications, filed an offering statement with the United States Securities and Exchanges Commission (SEC) to launch a $50 million token sale using the SEC Regulation A+ framework. Looking to accelerate the development of the Blockstack decentralized computing network and app ecosystem, the company has decided to avoid the Initial Coin Offering (ICO) path that many startups have taken and has been working with securities lawyers to create a legal framework that can push them towards a SEC-qualified token offering. If approved, this way of raising funds will be the first of its kind.
How to Properly Evaluate the Potential of a Cryptocurrency for Investment or Trading
As a cryptocurrency investor, you unquestionably want to know which coins have the greatest potential to grow. Even though no crystal ball can predict the future of a coin with absolute certainty, we have a few ways of evaluating the potential of a cryptocurrency. This guide will explain the most important aspects to consider when
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