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ICON (ICX) Joins the List of 150+ Cryptocurrencies Available on Changelly

ICON (ICX) Joins the List of 150+ Cryptocurrencies Available on Changelly

ICX, the main token of ICON, became another important addition to Changelly’s already expansive crypto catalog. With this listing, ICX can now be exchanged to 150+ coins and tokens available on Changelly, as well as traded for USD, Euro, and GBP.

ICX token, a major part of the decentralized network ICON, has become available for instant swaps with the other 150+ cryptocurrencies in Changelly’s catalog.

Changelly allows its users to buy ICX with fiat currencies, as well as to swap it to other cryptocurrencies using the fixed rate feature. Fixed rates allow users to alleviate the risk of volatile market price fluctuations when buying cryptocurrency, which is especially important in light of the current economic instability.

ICON aims to become a bridge between various digital organizations with different infrastructures, allowing them to use transactions and exchange information without a need for intermediaries, significantly increasing the speed and decreasing the costs of such communications. In addition to that, its main token, ICX, allows token holders to participate in on-chain governance and actively contribute to ICON’s growing ecosystem. Lastly, ICX can be used to pay for services in the real world. The listing on Changelly should add to the trading volume of the token itself, as well as make it easier to use.

Eric Benz, Changelly CEO, is optimistic about a new addition to Changelly’s catalog. This is what he has to say about having ICON onboard:

“ICON has been a project I have kept a very close eye on and believe in their mission of bridging both traditional finance and crypto. Changelly is very happy to welcome ICON into the family of assets supported and now ICX can reach an even larger global audience.”

Foundation Council Member of ICON, Min Kim, also believes that listing on Changelly will improve ICX performance:

“We’re excited to have ICON’s native token, ICX, on Changelly’s market-leading platform. Many people know ICON as the top Korean blockchain project and it’s great to collaborate with another leading company in the space.”

He also hinted at further improving ICON user experience through the usage of Changelly’s API: “We are excited about potentially incorporating Changelly’s API into some of our products like ICONex to provide an even better user experience.”

About ICON

Founded in 2017, the ICON Foundation leads the promotion and development of the ICON project, one of the largest open-source blockchain software projects in the world. The project aims to build a decentralized network that allows digital organizations with different infrastructures to communicate and transact with one another without intermediaries.

You can find out more about ICON on their website: https://icon.foundation/?lang=en

Twitter: https://twitter.com/helloiconworld

Telegram: https://t.me/hello_iconworld

Reddit: https://www.reddit.com/r/helloicon/

About Changelly

Changelly is a non-custodial instant cryptocurrency exchange, which means that no user funds are held by the service. Changelly acts as an intermediary between crypto exchanges and users, offering access to 150+ cryptocurrencies. The company’s mission is to make the exchange process effortless for everyone who wants to invest in cryptocurrency.

For those looking to exchange crypto on-the-go, Changelly offers its official mobile app with fixed rate exchanges, available for download on the AppStore and Google Play. For those who would like to exchange crypto at a floating rate, Changelly offers the industry-low fee of 0.25% for all crypto-to-crypto exchanges.

Changelly offers its API and a customizable payment widget to any crypto service that wishes to broaden its audience and implement new exchange options. The platform also provides an Affiliate program with a 50% revenue share mechanism.

For more information visit Changelly website: Changelly.com

Changelly mobile app: https://app.adjust.com/9uap9as

Changelly’s Twitter: https://twitter.com/Changelly_team

Changelly’s Telegram: t.me/join_changelly

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The benefits of Ethereum 2.0 will come sooner rather than later according to Vitalik Buterin

The benefits of Ethereum 2.0 will come sooner rather than later according to Vitalik Buterin

Quick take

1 minute read

  • Vitalik Buterin, has recently answered a number of questions from the community as a part of a “ask me anything“ session on Reddit. 
  • The co-founder highlighted many different topics but specifically said that he expects some significant and noticeable network improvements to come for the project sooner rather than later. 

Vitalik Buterin, the co-founder of one of the biggest crypto projects in the industry known as Ethereum has recently answered a number of questions from the community as a part of a “ask me anything“ session on Reddit. The co-founder highlighted many different topics but specifically said that he expects some significant and noticeable network improvements to come for the project sooner rather than later. He further said:

“TLDR: merge happens faster, PoS happens faster, you get your juicy 100k TPS faster.”

Over the years, the network for Ethereum has experienced some significant rounds of high congestion. Three years ago in 2017, the popular CryptoKitties game slowed down the network massively but with the decentralised finance space growing rapidly, the network has been seriously clogged up.

As a result of this, it has led to high fees and longer than average confirmation times.

With Ethereum 2.0 very much just around the corner, there is a significant scaling upgrade solution that is supposedly going to speed up the network rapidly. This will increase the number of transactions per second and it will also move the blockchain to a different consensus algorithm known as a proof of stake. Phase 0 for the upgrade is set to occur on the 1st of December in two weeks!

The co-founder further went on to say that “all of these changes are designed to decrease the time until eth2 becomes useful to people.” 

For more news on this and other crypto updates, keep it with CryptoDaily!

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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The second richest man in Mexico invest 10% of his portfolio into BTC

The second richest man in Mexico invest 10% of his portfolio into BTC

Quick take

1 minute read

  • Ricardo Salinas Pliego is the second wealthiest businessman in Mexico and the 166th richest man in the world. 
  • It was recently announced last week that he has invested 10% of his liquid portfolio into the leading cryptocurrency, bitcoin. 

Ricardo Salinas Pliego is the second wealthiest businessman in Mexico and the 166th richest man in the world. It was recently announced last week that he has invested 10% of his liquid portfolio into the leading cryptocurrency, bitcoin. This came after he shared a video throwing huge amounts of paper money into the garbage. Not only does it show how worthless the government-issued cash is in today’s world but it also shows how important digital assets such as bitcoin could become.

Furthermore, the video indicates the hyperinflation and how bad it got in Venezuela.

Ricardo is worth more than $11 billion at the time of writing and is the only billionaire from Mexico who seems to have benefited from the coronavirus pandemic and the economic crisis that has come as a result.

For more news on this and other crypto updates, keep it with CryptoDaily!

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Coinbase co-founder, Fred Ehrsam set to join Fireblocks as a member of the board

Coinbase co-founder, Fred Ehrsam set to join Fireblocks as a member of the board

Quick Take

1 minute read

  • Fred Ehrsam, the co-founder of the crypto platform known as Coinbase is getting ready to join the digital asset security platform Fireblocks. 
  • It was announced last week that Fred would be joining the board following a recent round of funding.

Fred Ehrsam, the co-founder of the crypto platform known as Coinbase is getting ready to join the digital asset security platform Fireblocks. It was announced last week that Fred would be joining the board following a recent round of funding.

The co-founder of the well-known crypto platform is getting ready to join the company as a board member following a $30 million funding ground to help expand its operations on an international level.

Throughout 2020, Fireblocks has launched a secure asset transfer network which would allow more institutions to efficiently transfer assets on chain. And on top of this, the platform also announced that it has seen more than $150 billion in transferred assets over the course of the past year. Fred has said:

“Fireblocks has become the go-to for any business looking to build new digital asset operations or scale existing ones… The extraordinary growth of the Fireblocks Network and its team in the last year attests to the enormous value they have unlocked for enterprise and institutional customers.”

 

For more news on this and other crypto updates, keep it with CryptoDaily!

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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XRP Price Analysis: XRP Continues Correcting

XRP Price Analysis: XRP Continues Correcting

This analysis brought to you by RoboForex.

On Friday, November 27th, XRP has reached stability but is still correcting and trading at $0.5550.

As we can see in the daily chart, after finishing a quick rising wave, XRP/USD price is correcting to the downside. At the moment, the asset is trading close to 61.8% fibo, a breakout of which will indicate further pullback towards 50.0% fibo. The MACD histogram has broken 0 and is still moving to the upside – it may be another signal in favor of a new rising impulse. The upside target of the completion of the correction will be at 0.6800.

In the H4 chart, the cryptocurrency continues correcting to the downside. Right now, it is testing the support level, a breakout of which will result in further decline towards 50.0% fibo. The Stochastic indicator has formed a “Black cross” inside the “overbought area” and is still falling, which is an additional signal in favor of further decline towards 50.0% fibo. After completing the correction, the asset may test and break 61.8% fibo, and then continue trading upwards. The upside target is similar to the daily chart, 0.6800.

Ripple started its rally on November 20th, together with other cryptocurrencies. There are a lot of explanations of why it happened, from investors’ search for alternatives to fiat instruments to a surge in interest in cryptoassets from institutional players. Indeed, all of this really took place and, of course, expansion of the interest was in favor of cryptocurrencies. The entire market is on the rise but since “trees don’t grow sky-high”, active purchases faded to the correction.

Over this period of time, XRP has managed to update its high reached in May 2018. The asset is still moving like 80% below the highs of January 2018, when it was trading at $3.7, but investors are surely positive about further growth.

At the moment, XRP is back to third place in the list of the strongest and most popular cryptoassets.

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex

 

Disclaimer

Any predictions contained herein are based on the author's particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein.

 

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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