The cryptocurrency markets are seemingly going through a small uptrend as of right now. Although it remains to be seen how long the momentum can last, the Cardano price notes some decent-sized gains. Thanks to these developments, it appears to be a matter of time until Cardano’s value surpasses $0.07 once again. Cardano Price Shows Signs of a Rebound It is always interesting to see how different cryptocurrency markets tend to behave. More often than not, everything relies on the Bitcoin momentum first and foremost. This is rather obvious when looking at the Bitcoin Dominance Index, which remains very close to the 55% level, for the time being. This usually doesn’t bode well for altcoins, but it can also help move things along. In the case of the Cardano price, its most recent uptrend started materializing when Bitcoin finally rebounded a bit. That is an interesting sign. although it also raises the question as to how things will evolve in the coming days. Cryptocurrencies have been extremely volatile for quite some time now, and it seems there will be no improvements in sight. The Cardano community is quite keen on keeping tabs on the price momentum. Technical analysis will be one’s friend in this regard, although the opinions tend to differ quite a bit. TradersDungeon is convinced the Cardano uptrend will not last long an result in another correction fairly soon. How low the price will go, remains to be seen. $ADA – Pay attention towards what your doing when…
Source: Cardano Price: Traders Expect Correction Rather Than Hitting {$permalink}.07

Ripple is trading for about 31 cents at press time. This is roughly ten cents higher than where it was just a few days ago. The currency is doing unusually well and invites comparisons with Dogecoin in how high it’s risen over the past week. One big piece of news stemming from the Ripple space is the currency’s new partnership with Saudi Arabia’s first establish bank, the National Commercial Bank. The institution has now become the latest establishment to join Ripple Net, the currency’s enterprise blockchain network. Saudi Arabia currently boasts a widespread remittance arena thanks to its large migrant worker population. Approximately $37 billion remittances were sent from the nation in 2016, for example, due to an immigrant worker population exceeding ten million people. In addition, the Kingdom of Saudi Arabia (KSA) has already tested Ripple for its instant international payment system. Joining the Ripple network will allow the bank to connect with other institutions in both North America and Asia. Ripple executives stated: “For SMEs and corporations that depend on NCB, more efficient and transparent remittances will provide stability and help them grow their business faster.” The company has also announced that the commercial application of its crypto-based product will be released sometime next month. Head of regulatory relations for Asia-Pacific and the Middle East Sagar Sarbhai says that the product, which seeks to help banks speed up transactions by using Ripple’s cryptocurrency XRP, says that the venture is making serious headway with what it’s calling “xRapid.” Sarbhai…
Source: Ripple Price Watch: Currency Jumps Ten Cents Following News from Saudi Arabia

You might look at the markets today and wonder how any other cryptocurrency will ever knock Bitcoin off the top spot. With a market dominance of well over 50% now, Bitcoin has a strong grip on the markets, a grip that only seems to be getting tighter. Even so though, many do believe that the technology behind Ethereum will one day be enough to knock Bitcoin off the top spot, one expert even claims that Ethereum could in turn turf off up to 50% of Bitcoins market share. Continue reading Could Bitcoin Really Lose A Chunk Of Its Market Share To Ethereum? at Crypto Daily™.
Source: Could Bitcoin Really Lose A Chunk Of Its Market Share To Ethereum?

Dealing with the vast influx of new cryptocurrencies can be a big challenge for novice users. Things only get more confusing when that specific currency has more than one native token. In the case of NEO, there is the main NEO currency, as well as GAS. Both form an integral part of the ecosystem as a whole, yet there are subtle differences between the two. This article will give a quick overview on NEO vs GAS and provide more info on each token’s purpose. The NEO Currency Explained Every cryptocurrency project needs its own token to exchange value. In the case of NEO, that currency simply goes by the name of NEO, to avoid any unnecessary confusion. It is used to transfer value across the network, and is also the currency with the highest market cap of this particular ecosystem. Traders and speculators have taken a liking to NEO over the months, even though it remains to be seen how successful this project will be in the long run. There is one particular aspect about NEO which users need to keep in mind. Its total supply will not increase as the network becomes more popular. Instead, the developers introduced a second token to “fund” most transactions, which goes by the name of GAS. Holders of NEO will automatically generate this secondary token, which creates an incentive to hold on to one’s NEO balance for an extended period of time. The GAS Token Explained It is rather interesting to take note of…
Source: NEO vs GAS Explained

Bitcoin, the most dominant cryptocurrency. The cryptocurrency with the biggest market cap and now it seems, a cryptocurrency that has become monopolised through the Bitcoin ownership of the top 1%. According to recent findings, just 1% of all Bitcoin wallet addresses hold 55% of the worlds Bitcoin. Similarly, according to The Guardian, in 2017 the top 1% wealthiest people in the world now own more than half of the worlds wealth. Can you spot any similarities here? Continue reading The True Monopoly Of Bitcoin Unveiled at Crypto Daily™.
Source: The True Monopoly Of Bitcoin Unveiled

There are some high expectations regarding the Dogecoin price as of right now. Although it is very difficult to predict how things will pan out for this popular altcoin, it is evident the market will take an interesting turn moving forward. The below three charts are ranked in terms of bearish to bullish outlooks. Three Dogecoin Price Predictions: #3 The Potential Reversal Chart: Tradingview Over the past few weeks, DOGE’s price has shown numerous signs of upward momentum. There has been a very sharp uptrend since early September of 2018, even though it seems there may be some resistance forming as well. It is always difficult to say how long cryptocurrency price rallies will last. However, in the case of Dogecoin it seems a dip is not necessarily a downside for the crypto. According to the chart published on tradingview by user Mycotoxin, it is very likely the price will break a key support level at $0.0063. Assuming that happens, there will be a correction which may be as steep as hitting $0.0021 in the weeks after. That is a very bearish outlook, although such a trend would simply return the price to the level prior to this massive momentum coming into play. As such, not an unlikely scenario under the current circumstances. #2 Completing the Third Wave Source: Tradingview An interesting chart is presented by BuyPennyCrypto. According to this analysis, the Dogecoin market is currently subject to a three-wave pattern. If this chart holds true, a final “pump” will occur…
Source: Dogecoin Price – 3 Promising Predictions for Late 2018

Lite.im is a very powerful service in the cryptocurrency industry, as it facilitates the use of Litecoin SMS payments on a global scale. Making cryptocurrencies easier to use will improve overall adoption in the long run. Mobile services will play an increasing role of importance in this regard. The Lite.im Concept To this day, it is nearly impossible to transact in cryptocurrencies using simple text messages. Although a few services exist for Bitcoin and Bitcoin Cash, most other cryptocurrencies are left in the cold. That situation is finally coming to change courtesy fo Lite.im, a service which has not gone live just yet. How Does it Work? It is evident from the start Lite.im serves one specific purpose. It introduces Litecoin SMS payments on a large scale, which can have a lot of interesting consequences moving forward. On the surface, it allows for anyone in the world to send and receive Litecoin transactions by just using a mobile phone number. There is no need to rely on the Internet, which is always a good sign. On the technical side of things, users can send messages through SMS or Telegram. Catering to both markets is a smart decision by the team, as it is evident not everyone has access to the internet, even in this day and age. The functionality users can enjoy include checking balances, receiving transactions, and so forth. As is always the case with services like these, one has to wonder how private keys are handled. The information will…
Source: Lite.im Introduces Litecoin SMS Payments Globally