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Spot Develops New Bitcoin and Cryptocurrency Portfolio App

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There’s a new app for cryptocurrency holders to track their portfolios of digital assets across multiple exchanges and addresses. Spot has developed a sleek new app focusing on ease of use built on a clean and user-friendly platform.

Also Read: The Daily: Bitfinex Launches Tether Margin Trading, Zebpay Resumes BCH Transactions

Revolut But With Crypto DNA

First released in open beta back in April 2018, Spot has now fully launched on Product Hunt. Its stated aim is to offer cryptocurrency holders a beautiful user interface with features that are powerful yet easy to use. The native iOS and Android app brings an aggregated view of all holdings on exchanges and public wallet addresses into one tool, tracking over 2,300 different coins and tokens.

The company isn’t content with the app merely displaying assets, as it plans to offer trading too further down the line. “Spot’s vision isn’t to build a portfolio tracker — we went a bit overboard with this feature,” CEO Edouard Steegmann told Tech Crunch. “Eventually, we want to become the app to manage all your cryptos, a sort of Revolut but with a crypto DNA.”

Rebuilding Coinmarketcap From the Ground Up

Spot Develops New Bitcoin and Cryptocurrency Portfolio AppOther features of the Spot app include a watch-list to follow specific crypto pairs, smart charts with live and historical prices on simple or double charts, and performance tracking for following transactions. It also offers what the developers call “smart holdings”, wherein built-in algorithms analyze all instances of a particular asset’s storage and help maximize revenues across all cryptocurrency exchanges, replacing the need for spreadsheets.

Spot is also said to have built its own built market data API by connecting directly to more than 150 exchanges so it doesn’t become dependent on anyone else’s price feeds. “We’ve rebuilt Coinmarketcap from the ground up, and we’re one of the few companies that have done it,” Steegmann stated.

The startup recently raised about $1.2 million in seed funding. The round was backed by Kima Ventures and several angel investors such as Eric Larchevêque and Thomas France of Ledger among others.

What’s your favorite cryptocurrency portfolio app? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post Spot Develops New Bitcoin and Cryptocurrency Portfolio App appeared first on Bitcoin News.

The Daily: Bitcoin Posts Record Volume, Ledger Plans Major Update

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The news is bullish in this edition of the The Daily, mirroring the mood of the crypto markets. We’ll start by delving into BTC’s record-breaking day for trading volume and then examine a couple of stories that suggest 2019 is poised to get off to a very positive start.

Also read: Only Sharks Will Feed on the Crypto Market’s Elusive Price Bottom

BTC Posts Record Daily Volume

The Daily: Bitcoin Posts Record Volume, Ledger Plans Major UpdateIt’s not just the price of bitcoin – both cash and core – that’s been shooting up this week – volume has followed suit. In fact, the real headline about this week’s price rally isn’t BCH doing a 3x or BTC passing and then holding the $4,000 mark. Rather, it’s the significant increase in trading volume that occurred on Dec 20, which some traders have taken as evidence of a full reversal. That’s right, the bottom may finally be in – though no one’s willing to publicly make that call just yet it seems.

Crypto Quantamental noted that the $2.26 billion of BTC traded on Thursday, Nov. 20 was the highest recorded in the cryptocurrency’s history. Compared to previous days when BTC was trading in the $3,500-$4,500 bracket, yesterday’s BTC volume was greater by a factor of 3-4x. Regardless of which way BTC moves next, it’s fair to say that interest in the crypto market has been fully restored. BCH has also been on a tear, as this graphic by The Tie shows, comparing the cryptocurrency’s market cap to that of BSV and LTC this week.

The Daily: Bitcoin Posts Record Volume, Ledger Plans Major Update

Looking back at Twitter activity since the start of the month, the sentiment analysis platform noted that “while indicative tweet volume (# of tweets that contribute to sentiment score) peaked for both BCH and BSV on Dec. 7, BSV has basically been completely flat as the amount of twitter conversation around BCH has trended upwards. It’s safe to assume BCH’s astonishing growth over the past three days may have contributed to that interest.

The Daily: Bitcoin Posts Record Volume, Ledger Plans Major Update

Ledger Schedules Major Firmware Update

French hardware wallet manufacturer Ledger has planned its biggest upgrade yet to its Nano S devices. Version 1.5, scheduled for release in early January, will feature new hashes, signatures and derivation schemes, enabling the wallet to support new cryptocurrencies. These updates will be accompanied by a slew of security improvements including:

  • Full redesign of the arithmetic architecture
  • Improved MCU genuine check (firmware attestation)
  • PIN code implementation improved for better resistance to hardware attacks
  • Hardening of the PIN code against various hardware and side channel attacks

In the arms race hardware manufacturers are engaged in, the biggest winners are consumers, who now have a wide range of increasingly robust hardware wallets to choose from.

Virtual Land Goes up in Smoke

The Daily: Bitcoin Posts Record Volume, Ledger Plans Major Update
Decentraland

47 million mana tokens have now been burnt in Decentraland’s second land auction which ends over the weekend. This equates to around $2.5 million of tokens destroyed, in return for purchasing plots of land in the virtual world. With the price of each parcel dropping ever closer to its lowest possible price of 1,000 mana over the weekend, a bidding frenzy is suspected. Just 6,000 of the 9,300 parcels available a week ago are left, with nonfungible.com recording an average price per 10x10m parcel of $850.

What are your thoughts on today’s news tidbits as featured in The Daily? Let us know in the comments section below.


Images courtesy of Shutterstock.


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The post The Daily: Bitcoin Posts Record Volume, Ledger Plans Major Update appeared first on Bitcoin News.

The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging Service

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In today’s edition of The Daily we feature a number of recent developments by popular cryptocurrency exchanges. These include an educational platform by Coinbase, a communication tool for OTC traders from Okex, an important ticker update by Coinex, and an investment by ZB.com.

Also Read: Atari Partners Decentralized Gaming Company, Tagomi Goes Live

Learn and Earn

The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging ServiceCoinbase has announced a new initiative meant to incentive people to learn more about cryptocurrencies. The Coinbase Earn educational platform will reward users with tokens for completing various tasks such as watching videos and taking quizzes on crypto-related content.

The service has launched in invite-only mode with just a single asset for now, but Coinbase promises that over time it will add more options. Users who received an invite by email can already go to the ZRX page to earn small amounts of cryptocurrency. Anyone else can view the educational content on the page for free, as well as sign up to a waiting list to be notified as more educational tasks are available.

“We think Coinbase Earn could help open up blockchain access to a new group of users: people who are curious about digital assets, but who’d like to try them out for free just like a normal web or mobile app. By serving that need, we hope to make blockchain more accessible in the process,” the team commented. The exchange also revealed that for the first set of tasks, funding is unsurprisingly coming from the 0x external development pool.

Okex Messenger

The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging ServiceOkex, the Malta-based cryptocurrency exchange supporting fiat currencies such as Vietnamese Dong and Chinese Yuan, has announced it’s launched an instant messaging service. Developed for its over-the-counter trading (OTC) platform, the new feature allows users to establish direct communications between buyers and sellers.

The instant messaging service allows traders to send and receive messages in real-time with their counter-party on Okex’s website and mobile applications. The apps are available for both the iOS and Android operating systems, and the developers say that by enabling push notifications, traders will be alerted immediately through their mobile devices once they receive any updates.

Coinex Updates BSV Ticker

The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging ServiceHong Kong-based cryptocurrency exchange Coinex has changed its Bitcoin SV ticker from “BCHSV” to “BSV”, announcing that from now on “BCHSV” will no longer represent the Bitcoin SV token on the platform. Founded in December 2017, the company counts mining giant Bitmain among its investors.

With this move, the exchange reaffirms that it expects users to understand that BSV is no longer related to Bitcoin Cash (BCH) in any way following the recent hard fork. Coinex was among the very first exchanges that opened withdrawals for both BCH and BSV following the fork, providing an easy way for holders to split the two cryptocurrencies.

ZB.com Partners Gaming Project

The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging ServiceHong Kong-headquartered cryptocurrency exchange ZB.com has recently announced an expansion into the European Union with the launch of the Malta-regulated ZBX.com. To make a concerted effort to attract new Western users, the company has announced it is investing into select crypto projects, the first being Clovr.

Founded by a team of executives and developers with experience from King.com, Uber and Y Combinator, Clovr has developed an esports token to tap the market of 3.5 million real-money players engaged with licensed online casinos.

“We believe there is a large upside for projects with access to sizeable daily active user bases,” noted ZB.com co-founder Jimmy Zhao. “User adoption is crucial to the long-term value creation of cryptocurrencies. We think CLOVR could be the most used crypto of 2019 since their tokens can be purchased by an existing large and engaged esports and iGaming online user base.”

Ledger Adopts Crypto.com Pay

The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging ServiceLedger, the Paris-headquartered hardware wallet manufacturer, has announced the signing of a deal to adopt a new cryptocurrency payment solution, Crypto.com Pay. Once the service is implemented onto Ledger’s online store, customers will have the option to purchase products at checkout by opening the Crypto.com wallet and card app, scanning a QR code, and selecting the desired cryptocurrency to be spent.

Éric Larchevêque, CEO of Ledger, said: “Our customers understand the everyday utility of cryptocurrency, and as a leading cryptocurrency asset hardware wallet provider, it is a natural step for us to provide a cryptocurrency payment option. We support what Crypto.com is doing to lead the industry forward with its vision of cryptocurrency in every wallet. We feel this payment option is just what our customers are seeking.”

What do you think about today’s news tidbits? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging Service appeared first on Bitcoin News.