Hellenic Coin Price Reaches $0.37 on Exchanges (HNC)

Hellenic Coin Price Reaches $0.37 on Exchanges (HNC)

Hellenic Coin (CURRENCY:HNC) traded down 2.9% against the dollar during the 1-day period ending at 10:00 AM ET on September 14th. During the last week, Hellenic Coin has traded 19.3% lower against the dollar. One Hellenic Coin coin can currently be purchased for $0.37 or 0.00003453 BTC on cryptocurrency exchanges. Hellenic Coin has a market capitalization of $25.83 million and approximately $285,750.00 worth of Hellenic Coin was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Litecoin (LTC) traded 1.7% higher against the dollar and now trades at $49.58 or 0.00462580 BTC.
  • UNUS SED LEO (LEO) traded down 6.4% against the dollar and now trades at $1.16 or 0.00010804 BTC.
  • Advanced Internet Blocks (AIB) traded down 37% against the dollar and now trades at $0.0296 or 0.00000276 BTC.
  • Dogecoin (DOGE) traded 0.8% higher against the dollar and now trades at $0.0028 or 0.00000026 BTC.
  • Bytom (BTM) traded 14% higher against the dollar and now trades at $0.0877 or 0.00000818 BTC.
  • Verge (XVG) traded 1% higher against the dollar and now trades at $0.0047 or 0.00000044 BTC.
  • Syscoin (SYS) traded 5.4% lower against the dollar and now trades at $0.0678 or 0.00000633 BTC.
  • XeniosCoin (XNC) traded up 1.2% against the dollar and now trades at $0.36 or 0.00003369 BTC.
  • Polymath (POLY) traded down 0.6% against the dollar and now trades at $0.0473 or 0.00000441 BTC.
  • TTC Protocol (TTC) traded 5.3% lower against the dollar and now trades at $0.0992 or 0.00001073 BTC.
  • About Hellenic Coin

    Hellenic Coin (HNC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its genesis date was February 9th, 2015. Hellenic Coin’s total supply is 69,796,588 coins. Hellenic Coin’s official Twitter account is @HellenicCoin and its Facebook page is accessible here. The official message board for Hellenic Coin is medium.com/@helleniccoin. The official website for Hellenic Coin is www.helleniccoin.com.

    Hellenic Coin Coin Trading

    Hellenic Coin can be bought or sold on the following cryptocurrency exchanges: . It is usually not currently possible to buy alternative cryptocurrencies such as Hellenic Coin directly using US dollars. Investors seeking to trade Hellenic Coin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Hellenic Coin using one of the exchanges listed above.

    Receive News & Updates for Hellenic Coin Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Hellenic Coin and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.

    Source: www.themarketsdaily.com

    Author: Sarita Garza


    Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph

    Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph

    From enterprise blockchain adoption to the rise of decentralized finance, it seems like the blockchain landscape is constantly evolving in different ways. While impressive, it’s important to understand how blockchain is being applied within various industries. In order to highlight blockchain’s current global impact, a Swiss blockchain investment firm, CV VC, is releasing a new report together with Big Four firm PricewaterhouseCoopers Switzerland and Cointelegraph. 

    Entitled “CV VC Global Report H1/2020,” this report provides a detailed overview of companies applying blockchain technology across eight different sectors, including art, crypto banking, crypto exchanges, custody providers, market makers, platform and protocols, token issuance companies, and venture capital. While a preview of the report discussing blockchain’s impact in the art industry was released on July 21, the full paper was published on Sept. 14.

    Nicolai Reinbold, a report co-author and the incubation and ecosystem manager at CV VC, told Cointelegraph that the goal of the new report is to map out the global blockchain ecosystem, outlining the main activities of top organizations in each sector:

    “Experts are featured in short sections covering trends and future insights. Each sector will also include an eventual in-depth online panel discussion, hosted by Cointelegraph, with experts from each respective industry mentioned.”

    According to Reinbold, the CV VC Global Report consists of data taken from company sources, crypto exchanges, media reports and social media channels. While this is the first report of its kind, subsequent editions will be published every six months to reveal the most up-to-date trends in industry growth and development. Featured below are brief summaries of what readers can expect from the report.

    Cryptocurrency companies have started to expand their offerings to provide features like interest and loans using digital assets. As such, crypto banks and brokerage firms have been playing an important role in driving mainstream adoption of cryptocurrency. In order to highlight this, the CV VC Global Report includes an entire section on crypto banks and brokers.

    One of the most interesting insights mentioned here comes from Mathias Imbach, a co-founder of Sygnum — a digital asset bank. According to Imbach, a regulatory digital asset ecosystem is critical for the development of crypto assets. “This market is forecast to be worth USD 24 trillion by 2027 and has the disruptive potential to reshape the securitization business model in the coming years,” he said.

    The report also discusses the important role of cryptocurrency exchanges, comparing them to traditional stock exchanges since they are able to buy and sell cryptocurrencies. It’s important to note, however, that there are many different types of crypto exchanges, each focusing on different functions.

    For example, Roger Darin, a board member of the Bitcoin Association Switzerland and a co-founder of the fintech chapter of SICTIC — a business angel organization in Switzerland — explained that the crypto space currently needs a safe place to buy and sell security tokens, since many crypto assets are categorized as such:

    “Ideally, that place is in a jurisdiction that investors associate with stability, prosperity and financial trustworthiness. It should be as easily accessible to retail investors as it is to banks and professional investors.”

    Darin further pointed out that the decentralized finance sector is also on the rise, which will help shape the landscape for individuals looking to buy and sell crypto assets.

    Custodians are crucial for crypto adoption

    Cryptocurrency custodian services have also been on the rise as regulatory developments are implemented in various regions. Yet according to the report, the crypto custody market is often overlooked. While this may be, custody providers are critical for the adoption of crypto, particularly within the institutional space.

    Adrien Treccani, the founder and CEO of METACO — a crypto custody provider — noted that adoption by large global institutions like Libra and PayPal are highlighting the need for trusted entities to manage crypto assets.

    Fortunately, the announcement from the U.S. Office of the Comptroller of the Currency now allows all nationally chartered banks in the United States to provide custody services for cryptocurrencies. This is a huge step forward for cryptocurrency custody providers and will encourage more digital asset firms to apply to become qualified.

    A market maker, or liquidity provider, is a company that quotes the buy and sell price of a token, which is crucial for providing a functioning market. The digital asset ecosystem can only succeed if exchanges, token issuers and liquidity providers collaborate to ensure liquid markets.

    Anton Golub, the founder and CEO of flov technologies — a financial technology company with a focus on liquidity provision of digital assets — discussed why liquidity is the missing element in the digital asset ecosystem. According to him, while the tokenization of assets with value has risen, liquidity still lacks:

    “There exists one crucial hurdle that obstructs this future development. The crucial success factor of the digital asset ecosystem is liquidity. At the moment, we see that most tokens are not easily tradable due to the lack of liquidity and the vast potential of decentralized financial systems threatens to wither.”

    Another important element in today’s blockchain ecosystem is the platforms and protocols that are being actively developed. For example, a major development in the blockchain space is the current rise of proof-of-stake networks.

    Charles Hoskinson, the CEO and founder of Cardano — a PoS blockchain platform — discussed the importance of how Ethereum is making the transition to a PoS consensus mechanism through the development of Ethereum 2.0. While this may be, he explained that the developers will continue to seek proof-of-work projects to utilize their skills.

    As tokenized assets continue to gain popularity, token issuance platforms have become crucial. To put this into perspective, Daniel Rutishauser, the CEO of Tokengate — a Swiss-based token issuance platform — is convinced that token economies will enable new business models and open participation in a global economy:

    “Small and medium-sized enterprises cannot participate in the existing capital market. Nowadays, it is quite hard for retail investors to find investment possibilities with a solid performance. The issuance of digital securities is a way to bridge the two and to establish financial inclusiveness within a smaller ecosystem.”

    This final section of the report contains insights from Olaf Hannemann, a co-founder and the chief investment officer of CV VC. Hannemann points out that changes were evident in venture capital markets, even before the COVID-19 pandemic, especially those focused on blockchain investments.

    It’s mentioned that funds have indeed slowed down during COVID-19, causing venture capitalists to focus on the financial conditions of their portfolio companies. This had a negative impact on companies getting ready to raise capital.

    General trends that were seen before the pandemic are also highlighted. For example, a recent PwC report shows that while global quarterly deal activity increases, funding and deals have declined in Q2 2020 by 13% and 9% year-over-year, respectively.

    In relation to blockchain technology, one of the most interesting points mentioned is that general tech funds continue to grow in their exposure to blockchain technology. However, this often results from a drive toward sectors that utilize blockchain as an underlying catalyst technology, focusing on its role in digital health, fintech and AI sectors.

    Source: crytonow.com

    Author: adminhttps://crytonow.com


    Here's Why Ethereum Could Return to Last Week's Lows at $315

    Here’s Why Ethereum Could Return to Last Week’s Lows at $315

    Ethereum has surged over the past few days after bottoming at $310-315 early last week. The leading cryptocurrency has been benefiting from a recovery in both legacy markets and Bitcoin, which both have pushed higher since the lows they established last week.

    As of the time of this article’s writing, ETH trades for $380 — which is a price over 20% higher than the aforementioned lows.

    The cryptocurrency is up 5% in the past 24 hours, having pushed higher from a strong drop on Sunday morning. The coin remains in a decent spot from a derivatives positioning standpoint, with funding rates mostly neutral.

    Still, an analyst thinks that Ethereum could be primed to correct back towards the low in the near future. Here’s why this analyst thinks this will be the case.

    Ethereum’s ongoing rally hasn’t convinced all traders that the cryptocurrency is back in a bull trend.

    One analyst and exchange co-founder shared the chart below on September 14th. It shows that while ETH’s rally has marked a strong bounce, the coin is currently in a precarious technical situation.

    What future awaits cryptocurrencies?
    GOODBAD

    The chart shows that ETH is currently rubbing up against two key resistances: a horizontal support at ~$385 and an internal trend line that supported the price recovery last week. The analyst’s indicator, Top Goon X, has also formed a low time frame reversal signal, suggesting downside is more likely than upside.

    These factors working in tandem are set to bring Ethereum towards the low-$300s, he suggested:

    “I shorted $383. Resistance retest. Top Goon X with a LTF trend reversal signal. Potential for a “home run” play if we drop to low $300’s. Had to take the chance.”

    Image

    Chart of ETH's price action over the past few weeks with analysis by crypto trader and LVL founder "Nebraskan Gooner" (@Nebraskangooner on Twitter). Chart from TradingView.com

    Although there are reasons to think Ethereum reverses as he laid out, it’s important to keep an eye on legacy markets this week.

    Alex Kruger, a macro analyst and economist tracking the crypto industry, recently commented that legacy markets could undergo a rally this week:

    “Could have an obscenely green rocket start of the week. From Wednesday on it will be up to the Fed to let the party continue. Quite a few IPOs this week could help fire up risk appetite.”

    This is important for Bitcoin as the cryptocurrency has roughly been tracking stocks over the past few months.

    Source: www.newsbtc.com

    Author: Nick Chong


    Hellenic Coin Price Reaches $0.37 on Exchanges (HNC)


    Previous
    Cryptocurrency exchangesRapper TI Cryptocurrency Fraud: Charged And Fined $75,000 By SEC
    Next
    Cryptocurrency exchangesWhat is the exchange rate of USD (US Dollar) / CNY (Chinese renminbi) on Tuesday September 15, 2020
    Did the article help? Rate it
    1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
    Loading...
    Add comment

    Get Awesome Reviews

    Coins, exchanges, wallets, crypto games, crypto cards.
    Search for reviews and share your own experience.

    GO TO REVAIN