November 2019 - Page 3 of 4 - CryptoCurrencyWire

WednesdayNov 13, 2019 1:20 pm

Somnium Space – Ethereum-Backed VR That Might Take Over Your Life

Somnium Space is a blockchain-backed virtual reality world developed by Somnium Space, Lmt. Each piece of real estate in this VR world is tokenized and held on the Ethereum blockchain. Somnium Space is a fully functional VR platform. The client for the platform is available for free on Steam. Users connecting to the world will currently find a bowling alley/arcade, park, cobblestone walkways, houses, roller coaster, planetarium, and other attractions. We downloaded the client and spent some time in this new VR world. This article will explain what we know so far about Somnium Space based on developer reports and…

WednesdayNov 13, 2019 1:16 pm

TransferWise Should Get Into the Blockchain Space

Founded just shy of a decade ago and based in London, TransferWise is an online money transfer service that supports more than 750 currency routes across the world. Founded by Taavet Hinrikus and Kristo Käärmann, both born in Estonia, TransferWise provides multi-currency accounts that includes USD, EUR, GBP, CAD, AUD, and more. Hinrikus and Käärmann’s initial concept for TransferWise was to offer services much different than traditional currency transfers. Instead of being a broker that takes the difference between the buy and sell rates, TransferWise uses the inter-bank mid exchange rate and charges a small, very reasonable commission. From launching…

TuesdayNov 12, 2019 12:04 pm

The Abyss – Game Distribution Powered by Crypto – Steam Challenger?

The Abyss is a gaming distribution platform with a crypto twist. On The Abyss, developers and users get rewarded with crypto tokens whenever they help each other through various tasks. This article will explain how the Abyss platform works and what makes it unique compared to other gaming distribution systems. What is a gaming distributor? Before we dive into how The Abyss works, we should start by clarifying what a gaming distribution platform is. Indie game developers often have a tough time competing with major studios. Even if they make great games, these studios simply don’t have the marketing budget…

TuesdayNov 12, 2019 12:00 pm

Altcoin Predictions: The Top 10 In 2020

While the cryptocurrency industry is always expanding, the next great digital token may be released tomorrow for all anyone in the crypto community knows. Bitcoin is widely seen as a pioneer in the world of cryptocurrencies, analysts adopt many approaches for evaluating tokens other than BTC. It’s common, for instance, for analysts to attribute a great deal of importance to the ranking of coins relative to one another in terms of market cap. Let’s dive into the list of top 10 altcoins for 2020. Litecoin (LTC) Litecoin launched in 2011 and was among the initial cryptocurrencies following Bitcoin. Often referred…

MondayNov 11, 2019 12:25 pm

Enjin Coin News – The Gaming Cryptocurrency

If you’ve been trying to keep up with the latest developments in blockchain gaming, you’ve probably heard of Enjin Coin, an inter-platform cryptocurrency token designed for online games. But what exactly is Enjin Coin? What games use it? How does it work? In this article, we attempt to answer these questions. What is Enjin Coin? Enjin Coin is an ERC-20 token or currency on the Ethereum blockchain. It is a solution to the problem of low liquidity in the digital collectibles market. It allows players to “melt” their collectibles and receive ENJ in return. This is meant to encourage players…

MondayNov 11, 2019 12:16 pm

Everything You Need To Know About Crypto Trading Bots

Crypto trading involves monitoring, analysis and predictions, but manual trading comes with several down sides. The emergence of trading bots has also reached the crypto market and we’re going to give you a short 4-1-1 on crypto trading bots. Why? Because trading bots automatize the trading process. Brokers and financial traders have been using automated software to make their trades for them. Nearly 75% of trades on U.S. stock exchanges are made on an automated basis. Even people without prior trading experience are able to get involved into the Bitcoin and altcoin markets with the use of such bots. Just…

FridayNov 08, 2019 12:49 pm

Ember Sword Reveals New Character Teaser Video!

ESL Founder and Esports vet Teams up With Free to Play MMORPG Ember Sword as So Couch Studios Reveals New Teaser Video ESL Founder and ex-CEO, Jens Hilgers, joins So Couch Studios as a strategic advisor to strengthen upcoming PC/Browser MMORPG Ember Sword’s competitive Esports potential. So Couch Studios today announced an expansion of its team to include Esports veteran Jens Hilgers, opening up about its plans for redefining MMORPG Esports, alongside revealing a new teaser for its upcoming Free-to-Play MMORPG, Ember Sword. Bursting into the Esports scene in the late 1990s as Founding CEO of ESL, the world’s largest…

FridayNov 08, 2019 12:44 pm

What Is Global Macro Strategy Investing?

The Rise of Macro Strategies? Investors turn to Global macro strategies when they expect significant volatility and experience S&P 500 peak-to-trough drawdowns. Drawdows and volatility may occur from economic and political uncertainty. Savvy investors may want to hedge against potential loss by employing Global macro strategies in their portfolios. The Man Institute points out that macro strategies usually do well in uncertain times and prove to deliver robust returns when implemented properly. We’ve seen macro strategies play well in the dot com crash and in the more recent housing and credit crisis. Sophisticated macro strategies may provide outsized returns and…

ThursdayNov 07, 2019 12:30 pm

Planetarium Introduces a Completely Moddable Blockchain RPG: Nine Chronicles

Blockchain pioneer Planetarium plans to disrupt the $120 billion global video-game industry with Nine Chronicles, the world’s first blockchain-based, open source, completely moddable RPG. The game launches in late 2019. Nine Chronicles is an exciting side-scrolling RPG in its own right, with nine beautifully illustrated worlds to explore, an extensive crafting system, and rewarding gameplay. But it’s the game’s moddability that has its developers so excited. As the first completely decentralized fantasy game, Nine Chronicles just might be the first video game that lives—and thrives—forever. Planetarium CEO and Co-Founder Kijun Seo can’t wait to see what developers make of Nine…

ThursdayNov 07, 2019 12:26 pm

Bitcoin and Macro Strategy Investing

Bitcoin and digital currencies largely revolve around macro movements. There are several narratives around bitcoin that support a macro investing strategy in bitcoin. We will cover a few of these characteristics today. Bitcoin and Currency Devaluation Countries across the world rush to devalue their currencies to remain competitive and in line with their global peers. They do so to remain competitive in import and export markets. They wish to remain stable and maintain relationships with merchants and corporations. Currency fluctuations can hurt or bolster trade interest and is a crucial aspect of trade. Devalued currencies encourage potential strong exports and…