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Crypto Markets News: Is Kyber’s Volume the Reason It Climbed 33% in 24 Hours?

Crypto Markets News: Is Kyber’s Volume the Reason It Climbed 33% in 24 Hours?

Thanks for the mention- Crypto Markets News.

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Why Did Kyber Rally When Most Other Cryptocurrencies are in the Red?

Most cryptocurrencies are in the red today and are reporting minor losses. The majority have lost minor amounts which is on average less than 1%. This includes Bitcoin (BTC) which lost 0.46%, Ethereum (ETH) which took a larger hit at 0.94% and XRP which slid by 0.38%.

There were a few that managed to make some gains, such as Bitcoin Cash (BCH) which gained 1.10%. Others include Bitcoin SV (BSV) which grew by 6%, but today’s biggest surprise was Kyber (KNC). The Kyber Network rallied by 32% in the past 24 hours and is currently trading at $0.780758. This is the highest price Kyber has seen since mid-2018.

Kyber is part of Ethereum’s DeFi ecosystem and is a DEX of sorts that allows easy token ERC-20 swaps.

Kyber’s Volume Causing Rally?

Earlier today Kyber released a few tweets that might have strengthened the rally we’ve seen today. The timing of the first tweet is marked approximately by the red X and referred to Kyber’s volume as a DEX. It was originally tweeted by blockchain advisor Anndy Lian and was immediately retweeted by the Kyber Network.

Anndy Lian@anndylian

Amazed by the volume #DEX are doing in the last 29 days:@KyberNetwork at $138m@uniswapexchange at $132m@oasisdex close to $100m https://twitter.com/DexWars/status/1233729927603724293 …

DEX 24 Hour Volume Bot@DexWars

#Ethereum #DEX Volumes February 2020

1) @KyberNetwork – $138,191,045
2) @UniswapExchange – $132,370,243
3) @OasisDex – $99,743,278
4) @tokenlon (0x) – $32,741,114
5) @idexio – $22,311,156
6) @Bancor – $7,661,174
7) @airswap – $7,537,603

*will cover 0x API & RR March onwards

A few hours later Kyber tweeted regarding their pretty large volume. They tweeted that Kyber has facilitated $138 million in value in on-chain trades in February. This is Kyber’s all-time-high of activity and could be one of the reasons for its rally. Another possible reason is anticipation for Kyber’s Katalist upgrade which is due to release in 2020 and which contains many improvements to the network.

Kyber’s rise seems to be a sign that while Bitcoin seems a bit stuck in its tracks for now, Altseason seems to still be going strong.

by Jonathan Ganor

 

Source:

https://www.crypto-markets.news/news/kyber-climbs-33/449

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Erie News Now: Learning Through Reflection: “The Future of Blockchain is in Our Hands”

Erie News Now: Learning Through Reflection: “The Future of Blockchain is in Our Hands”
Friday, November 22nd 2019, 4:01 PM EST

Anndy Lian believes that the future of blockchain is in our hands and reminded all to reflect. He chaired the panel titled “Blockchain Revolution 2030” at the World Blockchain Summit MARVELS on 20 November 2019 at Shilla Hotel, Seoul. Together with the panel of experts, they discussed the future of blockchain and the trends ahead.

The panel consists of Jonathan Kochmer (Former Amazon and Cofounder of RChain Asia), Jay Liang (Chairman of Hong Kong Blockchain Association), Nicola  Nicolas Jacquet (Director of Marketing of HDAC), Anndy Lian (Inter-governmental Blockchain Advisor of APO), Vazgen Yeghiazar (CEO of EDC Blockchain) and Saul Tarazona (Chairman of Fight to Fame).

Anndy started the panel by asking about how they think blockchain will evolve in the next 3-5 years.

“Blockchain will be in our lives without us knowing. The apps and dapps will adopt blockchain in some way or another without consumers knowing much.” Saul commented. Nicholas agreed on the viewpoint and added that blockchain would become a standard protocol, and it will be used very widely as part of the big system: “It will change our lives without us knowing.”

Vazgen suggested that In the near future, we can even tokenize ourselves. We will tokenize the value of an individual and receive direct investment using tokens. “The future of blockchain is unpredictable and I look forward to the limitless possibilities ahead!”

“In the last 150 years, most of the capital has been concentrated on the rich, but in the coming future, blockchain technology will share capital and expand the opportunity for anyone to join the market.” Jay shared his views.

“For the sake of discussion, I don’t think blockchain can do so much, it will change part of what we are doing right now, but it surely cannot change the world. Bridging the gap between rich and poor is not a job for blockchain. Stopping corruption, fraud, money laundering are also not tasks for this technology. Blockchain can only help to reduce and assist.” Anndy Lian gave a different opinion. “I also see that in the near future, 3-5 years, we will see security tokens go mainstream, and hopefully, the regulations can help to speed up the process for everything else.”

Anndy also gave his comments to the reporter off the stage saying that the future of blockchain is in our hands: “Blockchain is seen like a speculation tool and a big hype to many people and businesses like I have mentioned on the stage. If we want to see a better future for blockchain, we need to do a reality check by not adding on more fluff to the existing hype. We all have our own personal agenda. I can always sing the same song and say things that the general public likes to listen to and make blockchain a savior for humanity, but this is not right. At the right time, we need to properly educate the market and set a good example for our future.”

The panel agreed that blockchain has a very bright future ahead for everyone. Industries like finance, gaming, supply chain, medical and more will benefit from this technology. Industry 4.0, automation, artificial intelligence, deep learning,  internet of things will work more harmoniously together with blockchain. Blockchain will aid in closing up existing gaps such as security and introducing a new trust value.

This is the 7th World Blockchain Summit. The event is supported by Ministry of Science and ICT, Seoul, Busan, Korea Blockchain Industry Promotion Association, Busan Economic Promotion Institute, Chungcheongbuk-do Knowledge Industry Promotion Agency, Korea Blockchain Startup Association, Korea Blockchain Industry Promotion Association, Korea Blockchain Society and Korea e-Sports Industry.

Park Bong-kyu, who is the Founder and CEO of World Blockchain Summit is very thankful for the support from the Korean community and also his friends from all over the world who came. At the summit, he also had good discussions on future policies with the Politicians. He had also lined up a group of exhibitors to showcase their blockchain work. Lastly, he made an alliance with Gaimin.io, who is based in Europe to develop on the eSports gaming market.

Korea continues to be one of the key countries for blockchain innovation. There will be more events and announcements ahead for the industry in months to come.

Media Contact
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Source: https://www.erienewsnow.com/story/41361660/learning-through-reflection-the-future-of-blockchain-is-in-our-hands

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Denver News Updates: WADZ TAKES ON TRADITIONAL PAYMENT FIRMS WITH THE BETA LAUNCH OF ITS APPLICATION

Denver News Updates: WADZ TAKES ON TRADITIONAL PAYMENT FIRMS WITH THE BETA LAUNCH OF ITS APPLICATION

Wadz Takes on Traditional Payment Firms with the Beta Launch of its Application

Singapore-based startup, Wadz, is set to take on traditional payment firms, with its anticipated beta launch on November 25, 2019.

Targeting emerging countries such as Indonesia and Vietnam as a start, Wadz offers an alternative payment technology that will be of benefit to both consumers and merchants.

Wadz stands out by a number of key features including utilization of blockchain technology, easy integration to major shopping cart plug-ins, and near-zero processing fees. It also recognizes cryptocurrency payments.

One demographic on which Wadz is focusing is the “unbanked”. An estimated 200 million people in Indonesia and Vietnam have limited access to banking institutions loans, e-commerce, and health care. Wadz hopes to help these people improve their way of life by enabling new payment modalities for these services.

Wadz will then lead an in-depth discussion on the impact of blockchain technology across industries at PSB Academy City Campus, Singapore on November 27, 2019, at 7pm.

Among the distinguished roster of speakers is Anndy Lian, author of the book “Blockchain Revolution 2030” and blockchain advisor for Asian Productivity Organization (APO). His knowledge of blockchain technology has drawn attention from various international media.

Wadz CEO, Anish Jain, who will also speak in the forum, views this event as an excellent jumping-off point as Wadz goes full steam ahead. “Wadz is off to a promising start after attracting over 50,000 merchants in Indonesia and 5,000 in Vietnam,” he says. “Adopting the innovations Wadz offers will help merchants grow their businesses so we are confident that these numbers will further increase as we move along.”

Moderating the forum is Wadz’s Regional VP of Partnerships and passionate blockchain entrepreneur, Aaron Tan.

This forum is open to all. Interested parties can register for free at https://www.eventbrite.sg/e/blockchain-industrial-impact-wadz-beta-launch-tickets-81420696495.

 

Source: http://news.denvernewsupdates.com/story/190754/wadz-takes-on-traditional-payment-firms-with-the-beta-launch-of-its-application.html

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j