Ethereum Will Pass Bitcoin In April 2018 (Cryptodaily.co.uk)
It seems a wild statement to make, given the disparity in value between the two cryptocurrency giants (at time of writing, Bitcoin’s value exceeds Ethereum’s by a factor of ten), but we’re not talking about pricing, but market dominance. Since it kickstarted the digital currency phenomenon back in January of 2009, Bitcoin has always been way ahead in terms of its dominance of the market cap. We determine this through the comparative growth of Bitcoin as a percentage of the overall growth of the market.
China’s State Media Takes Aim at Crypto Trading, ICOs (CoinDesk.com)
China’s state-owned news agency appears to be stepping up rhetoric on over-the-counter (OTC) crypto trading and overseas initial coin offerings (ICOs), calling the blockchain use cases attempts to bypass domestic regulation. In a news report published Feb. 12, the Xinhua News Agency detailed how purchasing cryptocurrency assets through OTC channels is easily available by having reporters register on exchanges such as Huobi Pro and buy bitcoin using accessible payment tools like AliPay. As reported previously, following the ban on ICO and closure of order-book trading platforms last year, the country’s domestic exchange platforms have shifted to OTC trading and largely moved their businesses overseas.
ICO News – NeuroChain- Blockchain Meets Artificial Intelligence (Invezz.com)
Blockchain technology has brought huge changes and advancements to our world, but it seems we’re at a turning point and this may only the beginning of what can be achieved. ICO NeuroChain has plans which they believe will accelerate the current possibilities. The upcoming ICO is an enhanced blockchain, which is designed with the intention of advancing the capacity and performance of distributed systems.
Global Fund AlphaBit Backs Singapore Blockchain Startup BitCar (CoinJournal.net)
BitCar, a Singapore-based blockchain startup, has announced that AlphaBit, a fund launched last year, has purchased a “substantial number of BitCar tokens.” BitCar is currently conducting a token sale to fund the development of its blockchain platform, which intends to facilitate the pegging of cryptocurrency to scarce hard assets such as rare and exotic cards. The startup claims it has already sold S$8.2 million (US$6.1 million) worth of BitCar tokens. AlphaBit, a hybrid between an open-ended mutual fund and a hedge fund, raised US$300 million last year to invest in digital currency assets around the world.
Litecoin Price in an Upward Trend Despite Rumors of an Overhyped Fork; Possibility of a Scam (FXStreet)
Litecoin is up 9.8% on Monday and is trading at $160. LTC/USD at 08:00 GMT, traded at $154 and has since been on an upward trend line in spite of news in the market that the impending fork is merely hype. Charlie Lee, the creator, and founder of Litecoin had warned that fork scams would be coming to Litecoin. Litecoin is one of those cryptocurrencies where disagreements rarely occur. The overhyped “hard fork” comes to shake things up in the somehow “boring” Litecoin network where everything is built on a consensus, and the project goes forth without disagreements.
