NEO

Which Of These Ethereum Killers Will Take The Top Spot?

We’re not suggesting that Ethereum will be crushed by it’s rivals, however it is worth thinking about. In a market that allows it, it’s not unrealistic to imagine Ethereum being knocked off it’s podium by one of it’s many competitors. This isn’t a bad thing of course, competition is healthy after all. The reason Ethereum is ranked second for market capitalisation is simple, the Ethereum project is huge, it’s super successful and it’s often considered to be Blockchain 2.0, marking an era of improving technologies. In order to appreciate the full scale of Ethereum, we need to explore just how many pies it has it’s fingers in… if Ethereum had fingers of course. According to ConsenSys: “Of the top 100 tokens by market cap, 94 percent are built on top of Ethereum. Of the top 800 tokens, 87 perc...

Why NEO (NEO) Is A Strong Buy Below $50

Chart for NEO/USD (1D) Neo (NEO) is a bargain below $50. Many in the crypto community may not see this yet but when China takes a 180 degree turn on cryptocurrencies, the effects will start to appear. We are currently one heartbeat away from meaningful regulation that is going to open the gates to traditional investors, family offices as well as large financial institutions. China has been discouraging its public from trading cryptocurrencies, but when you think about it, this is to be expected from any responsible government. While I do not agree that governments should right out ban cryptocurrencies just because there is no meaningful regulation to protect their public, I do understand why governments across the globe would want to inform their public as to the risks and dangers of buyin...

Premined Coins Like XRP, TRX, XLM And NEO Are Causing Problems For Index Funds

Premined cryptocurrencies are tokens that don’t need to be mined from the blockchain. The concept is a little more complicated than this, but, ultimately for the purposes of this article that’s about as much as you need to know. An index fund by Morgan Creek Capital Management has been established, it transpires that now, any cryptos with more than a 30% premine have been excluded from the fund because of the potential problems this could cause. This therefore includes cryptocurrencies such as Ripple’s XRP, Tron’s TRX, Stellars XLM and Neo’s, NEO. According to Cryptobriefing: “Morgan Creek Capital Management has more than $1.5 billion in assets, so its Digital Asset Management Fund is significant. As is the decision to exclude any cryptocurrency with more than a 30% premine. That’s b...

NEO (NEO): The Undervalued Chinese Ethereum That Could Surprise The World In 2019

NEO (NEO) has just completed the full extent of its correction as can be seen on the NEO/USD weekly chart above. The price is currently at the lower end of the ascending channel and has completed a big bullish cypher. The bullish cypher on the above chart was completed between April 2017 and August 2018. That is a big sigh of relief for a coin that is now down 91% from its all time high. MACD profile for the NEO/USD chart above also seems to have run its course and is now preparing for a trend reversal as the gap between the red and yellow line narrows. NEO (NEO) also seems to have now completed its capitulation phase which began when the 21 EMA broke below the 50 EMA. NEO (NEO), often hailed as the Chinese Ethereum (ETH) is definitely a great project with a lot of future potential, but it...

Ripple Still Want To Take On China, Will XRP Become The Next NEO?

Ripple’s international expansion may have been put on hold recently, whilst they battle the courts in the United States, this however doesn’t mean that their international expansion isn’t still a project on the horizon for the company. Ripple want to make the world a smaller place, through making international payments simple. In order to do this, they need to gain traction in every country, even anti-crypto countries such as China. Jeremy Light, the Vice President of European Strategic Accounts at Ripple has allegedly reported in an interview that China especially, is still a target for Ripple, Light is alleged to have told CNBC: “China is definitely of interest, it is definitely a target. China is definitely a country and region of interest.” China will be a tough cookie to crack. Chines...

Why The Future Looks Bright For NEO

NEO, it’s been referred to as the Bitcoin of China and its a crypto project with massive potential. Granted, NEO may be stagnant at the moment and in terms of value, it’s not having the most incredible time. Either way though, the future is bright for this one. At the time of writing, NEO is valued at $15.11, down 19.94%. This current decline in NEO is as a part of the organic market trend, a bear market that is battering crypto at the moment. NEO’s neighbours Dash and Ethereum Classic are down 17.06% and 17.71% respectively, just to give you an idea of the scale of this market collapse. Caterina Zhang, the Head of Marketing and Community Operations at NEO has spoken to AMB Crypto in an exclusive interview in which she discusses some of the future prospects for NEO, including plans to impr...

NEO To Be Listed On COSS 7/20

For those who don’t know, COSS is based in Singapore and stands for Crypto One Stop Solution. It serves as: An e-wallet (that supports multiple different tokens) An exchange A market cap widget Fiat gateways A platform to promote trading campaigns and the launches of token sales A ‘merchant portal’ for companies to receive cryptocurrency as payment Recent news has revealed that COSS will being listing NEO this Friday, 20th July! This mean that the following pairs will be available for trading: NEO/BTC NEO/USD NEO/COSS NEO/ETH However, the exchange will not be supported GAS pay-outs. Nevertheless, the COSS has pans to implement GAS pay-outs later down the line. Essentially, GAS won’t be generated as a result of holding NEO on the platform ‘for now’ The listing of NEO is paving the way for a...

Excellent Projects Being Built On NEO (NEO) Platform

NEO’s popularity and user base is expanding rapidly. So too are the projects on NEO, many of which have the potential to grow exponentially. Here are three excellent projects that our experts are keeping a close eye on. Effect.AI Effect.AI plans to build a mechanical turk. Based on the historical chess playing wooden turk (a wooden machine designed to play and beat people at chess, which was really operated by a hidden man), this project is completely driven by ethics and ideals. It operates by empowering people in developing nations by paying them $10 per hour for jobs. These simple tasks can be anything from filling out forms to crunching numbers. The end results are filtered into the AI machinery and help to act as a humanitarian mission. Bridge Protocol This is a specific ID management...

NEO And Its Future

Since its launch four years ago as AntShares, NEO has come such a long way and the journey has only really just begun. As the saying goes, the future’s bright. During 2017, the NEO project really came into its own and achieved significant growth and recognition within the cryptocurrency world. Showcasing their potential 2017 was the year in which NEO really showcased its potential to the world with a number of advancements in technology. This was shown in the creation of the NEO 2.X, which further helped to strengthen the Smart Economy infrastructure. The future NEO 3 Built upon this technology is the hallmark for an exciting future. Their next network upgrade will be the launch of the NEO 3. Co-founder, Erik Zhang, is hugely excited about this and the launch of its brand new platfor...

Market Update – EOS, IOTA & NEO Flying High

Friday the 13th, unlucky for some but historically great for the markets! It seems that this morning too, the markets are relishing in a bit of luck, with the majority of cryptocurrencies now now moving upwards, away from the negative trend that has battered the markets throughout today. We can be pretty certain that this is simply down to correction and not as a result of an impending bull run or a market recovery. If this correction continues into the weekend perhaps a recovery could be underway, though at this point, it’s doubtful. Either way, as the day progresses we need to keep an eye on market values, whilst these upwards movements may be temporary, they could act as a signal for the latter end of July, is there more to come? Let’s see how the markets stand today. At the time of wri...

Could a Decentralised NEO Listing On Coinbase See NEO Up 130%

Check out what happened when Bitcoin Cash was listed on Coinbase on the 19th of December 2017. Bitcoin Cash spiked and rose from a value of $1887.96, up to an all time high of $4355.62, forcing Bitcoin Cash up 130.7%. Image sourced from coinmarketcap.com With NEO are the fore of the headlines at the moment, we want to explore how a NEO listing on Coinbase would impact the value of the currency, assuming that would take off in the same way Bitcoin Cash did. At this point I must note that yes, the Coinbase listing for Bitcoin Cash took place during the 2017-2018 cryptocurrency boom, however Bitcoin Cash did not surge at the same time as Bitcoin, therefore we can’t accuse Bitcoin of pushing the price of Bitcoin Cash up and therefore it is more likely that the 130% rise was complemented by Bit...

Neo (NEO) Decentralization Move Brightens Up Its Future Prospects

Neo (NEO) price shot up to join the top 10 league soon after its announcement of electing a consensus node. This move comes at a time when critics, despite being aware of Neo (NEO)’s superior technology as the “Chinese Ethereum”, have often attacked the project for being too centralized. One aspect of this perception is Neo (NEO)’s link to China as everything connected to China is seen as centralized or controlled in some way. Regardless of that perception, Neo (NEO) may not have been a decentralized coin but it was no more centralized than most other blockchain projects are. The reason why Neo (NEO) just like most blockchain projects had a hard time giving up centralized control was because a decentralized model may not have fulfilled the needs of the network before. Imagine a project in ...

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