Tag: Mobilecoin

  • Crypto ATH and Top Movers

    Crypto ATH and Top Movers

    Given the shift in market sentiment, as well as increased bullish activity, a number of names in the crypto-sphere have been seeing skyrocketing prices. Some have gained to such an extent, such that they have broken all prior records, and achieved all-time highs (ATH). At the time of writing this newsletter, the following names stand as being the top ATH players.

    ASAN VERSE (ASAN) was the most recent ATH winner, given its staggering takeoff, which took it to $0.0001104, earlier today. It has been on a gradual upward curve for the last ten days since it was at a low of $0.000082. This hype surrounding ASAN comes from its listing on DigiFinex, two weeks ago, and all the persistent promotion surrounding the event.

    ATH coins

    Elan

    Elan has remained largely uneventful throughout the month of November, hardly ever venturing beyond the $1.37 price. It began a gradual upward climb with the onset of December, taking it to $2.49, and then a massive price explosion in the last two days, taking it to its ATH of $5.32. This heightened interest comes after recent milestone achievements such as a worldwide patent application and the announcement of crucial partnerships.

    Fileshare Platform

    Fileshare Platform (FPC) has been seeing violent jerks in price throughout the prior month. In the last two weeks, however, its crypto price trajectory began showing a distinct upward climb, that has been taking it to new heights every day. Most recently, it raised the bar once again, taking its all-time high price to $1.72. It must be pointed out, however, that this climb comes despite any announcements about the project being released, which raises concerns about the sustainability of such a rise.

    Football Fan App

    Football Fan App (FNC) has been seeing a gradual incline in its price trend throughout the prior month, as the FIFA world cup has been progressing in Qatar. This gradual climb picked up pace in recent days, as football fever began gaining heat, with teams entering the knockout round. With France winning the semi-final against Morocco, the FNC price exploded, making it to an all-time high of $0.01157.

    Krypton DAO

    Krypton DAO (KRD), which has been in the trade since September, has been taking on an explosive price climb in recent weeks. It has not only managed to successfully sustain these epic gains but has continuously been pushing upwards too. Today it set a new ATH point by touching $1.32, a feat never achieved before. The Krypton DAO has several crypto milestone points scheduled for the upcoming weeks, which explains the growing hype surrounding it.

    Top Movers (24H)

    With bearish sentiment permeating across the market, another area where winners have been observed, in addition to ATH coins, is that of top movers. These represent those cryptocurrencies that have taken on massive climbs in price, during the last 24 hours. At the time of writing this newsletter, the top movers of the prior day are as follows:

    Strong

    Strong was the top winner of the day, considering its price rise from $4.70 to a whopping $11.60. With its trade volume at almost $4 million, which is the highest it has been today, it is evident that STRONG’s price is far from stable at present. In fact, in the last 24 hours, the cryptocurrency has seen its trade volume balloon by 1900%. This hype surrounding STRONG comes after its announced partnership with Fantom Foundation.

    YFDAI.FINANCE

    YFDAI.FINANCE saw an incredible climb during the day which took it from $52.31 to a high of $213.90. At its peak during the day, this crypto growth translated to a gain of an incredible 309%. However, as the day progressed, and the bears and the bulls continued to battle it out, these gains had leveled at 134%, bringing YFDAI.FINANCE at a stable price of $122.50. The cryptocurrency presently holds a trading volume exceeding $21 million.

    MobileCoin

    MobileCoin is also a highly noteworthy crypto name on today’s list, not necessarily due to the gain it acquired, but primarily because of its trade volume of over $60 million. At one point, MOB saw a continuous price take-off from $0.91 to $1.36, putting its rise on that point at over 49%. However, the trajectory took a more stable route throughout the day, unable to sustain the peak it had achieved. By the end of the day, MOB net gains stand at 32%.

    Christmas Doge

    Christmas Doge is another clear crypto winner from today, considering that it successfully doubled its price from $0.000010 to $0.000022, all within 24 hours. In fact, earlier during the day, XDOGE hit $0.000118, at which point its net gains amounted to 1080%. The project has just begun its journey in the secondary market, given its launch this week, and has gotten off to a hot start.

    Unicly

    Unicly (UNIC) today made it from $4.99 to an impressive high of $7.56, translating to crypto gains of almost 52%. The project has been seeing growing interest surrounding it which is evident from the rise in its trade volume, which went up from $600,000 to over $1.6 million, in 24 hours. Today’s price rise for UNIC reflects its highest gain enjoyed in over an entire month

  • Rampant Complaints About Signal’s MobileCoin Integration

    Rampant Complaints About Signal’s MobileCoin Integration

    The end-to-end encrypted messenger app Signal had been gaining popularity since the acquisition of WhatsApp by Facebook. Signal had been vocal about protecting the privacy rights of users which is why the messenger application is designed so. However, Signal designed to take its mission a step further by incorporating a privacy coin into its application for fast and anonymous transactions.

    Signal and MobileCoin’s partnership has had a rocky journey and the beta version of the application has not even been launched throughout the world. Users started speculating about the connection that the CEO of signal has with MobileCoin and the possible motives behind the partnership as MobileCoin started soaring days before the announcement.

    The messenger app had run a test pilot in the UK and has released the report of the test run. The report also revealed the top four complaints of users. The top complain was the transaction fee of $0.60 is too high – understandably. Followed by the intricacies of actually transferring funds. The UK users had to resort wiring transfer money to exchanges which support MobileCoin. The process is complex and also incurs additional fees. Finally, cryptocurrencies are known for their brutal volatility and the firm acknowledged that the price volatility of MobileCoin will pose a problem for users.

    However, Signal has taken notes of all the major complaints and is actively working on resolving as much as it can.

  • Signal messenger app – taking privacy to the next level!

    WhatsApp is one of the most widely used messenger apps but when it was acquired by Facebook and some changes to privacy were made, the masses grew wary – given Facebook’s track record. People started migrating to alternatives that offer better privacy and security features like Signal. The end-to-end encryption of Signal has made it increasingly popular with even the CEO of Facebook, Mark Zuckerberg, following suit and moving to Signal.

    Signal is taking privacy to another level as it announced the launch of a beta version that supports cryptocurrencies. The app will integrate a privacy coin, MobileCoin, to send and receive payments through the mobile application. Mobilecoin, being a privacy coin, ensures the anonymity of all transactions happening on its block chain.

    Signal’s CEO has been heavily involved in the MobileCoin network – serving as an advisor. MobileCoin is only being traded by the cryptocurrency exchange FTX. Other cryptocurrencies can be expected to be incorporated into the application once the beta version has been rolled out. However, being in beta mode the application is restricted only to iOS users in the UK.

    Moxie Marlinspike – the creator of Signal – is a staunch believer of privacy rights and had been exploring the cryptocurrency sphere in order to set Signal apart. In the future, many great things can be expected from the Signal Foundation as they have ambitious plans of taking the privacy to the next level.