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Topic: 📢📢 [ANN][KRP] Kryptoin Cryptocurrency Blockchain ETF Systems ✅✅ (Read 20679 times)

hero member
Activity: 910
Merit: 511
The vision of Kryptoin project is solid although your team seems very small. I suggest to add some professional team members amd advisors for the sake of the project development. I also saw your MVP is only a video, do you have actual/live product? Overall your product has huge potential.

i have read all the White paper and i like this project.
Could be a good project, but due for the market situation, all seem paused...
i hope will be restored ASAP.
full member
Activity: 546
Merit: 100
The vision of Kryptoin project is solid although your team seems very small. I suggest to add some professional team members amd advisors for the sake of the project development. I also saw your MVP is only a video, do you have actual/live product? Overall your product has huge potential.
copper member
Activity: 140
Merit: 0
An ETF platform isn't a bad idea - not original, but there is potential for better versions - and there seems to be some thought that has gone into the products.
jr. member
Activity: 75
Merit: 3
all stopped..
any news?
project dead?
the last post on twitter account was on 4 sept


Who can say what is the situation with the team's activity on? What are the news about the project?
legendary
Activity: 1932
Merit: 1042
https://locktrip.com/?refId=40964
all stopped..
any news?
project dead?
the last post on twitter account was on 4 sept
full member
Activity: 378
Merit: 106
Today, let us all learn and experience together all about KRYPTOIN . If you don't know anything about them, don't run away, that's why I'm here, to change that within the next few minutes.
copper member
Activity: 41
Merit: 0
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Kryptoin Pre-ICO Announcement Kryptoin Pre-ICO Announcement
We’re thrilled to announce that the Pre-ICO is only 5 days away and with that there are some things that you will need to check and perform in order to participate in the sale.

The Pre-ICO is an exciting time for the team and all its supporters but there are some important facts you must understand to fully take advantage of the opportunities presented in this Dutch Auction.
A Dutch auction is a public offering auction in which bids for a token offering begin at high prices and decrease until the price at which the total offering can be sold is determined. … The company uses a Dutch auction in which investors enter bids for the number of tokens they want and the price they’re willing to pay.
The Dutch Auction will begin on Sept 1, 2018 at 2 PM Eastern Time or 6:00 PM UTC.
To participate in the Dutch Auction you must do the following.
1. Sign into your account at Kryptoin.io or register if you have not done so.
2.  Go to the Auction tab and install Metamask on your browser from https://metamask.io/ (https://metamask.io/)
3. If Metamask has been successfully installed you will see the Auction interface.  But, the Bid button will not be enabled until you perform KYC
4.  Upload your ID and Selfie on the KYC tab.
5. Now you are eligible for bidding.
Sign Into Account Now (https://kryptoin.io/)
 
Absentee Bidding
Absentee bidding will be enabled to allow you to place bids before the Sept 1 date.
A.      This gives you the ability to place bids in case you will not be available on the live auction date and the auction system will execute your bids for you.
B.      The Auction start price is will be at 20% above the NAV price in ETH and decrease in price until all the tokens are sold or the price reaches its reserve price of 60% of NAV.
C.      All winning bidders pay the same price.  Meaning if you bid 2 ETH for each coins but the auction ended at 1 ETH.  You will only pay 1 ETH so there is no worry of overpaying.  Everyone pays the same Clearing Price
D.       Refunds can be claimed if you have paid too much for your bid after the auction.
 
Register for Auction (https://kryptoin.io/)
  https://blog.kryptoin.com/2018/08/27/kryptoin-pre-ico-announcement/
newbie
Activity: 4
Merit: 0
tell please date the end of the project?
newbie
Activity: 123
Merit: 0
Well, atomic swaps is an option that I like a lot, I believe that together with the future MN gives a nice boost to the whole project .
full member
Activity: 274
Merit: 100
Although there are not so many Blockchain projects that have target ETFs, and they, first of all, give them the first advantage, but not without their shortcomings.  Several additional team members and advisers would help them in the long term and help increase the trust and ability of the team to fulfill their promises.
copper member
Activity: 41
Merit: 0
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Kryptoin Up 8.12% as Cryptocurrency Marketcap Has Morning Bounce The Kryptoin Index is up 8.12% as the Cryptocurrency Marketcap has a good morning bounce of about 7.5%.
Here are today’s 9:30AM EST Kryptoin and Coinmarketcap snapshots:


Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving
Bitcoin looks to have fought off a recent bear market breakdown that saw prices landing just above the yearly low of $5,755.
Bitcoin dropped to $5,858 yesterday at 02:00 UTC, just $103 shy of this year’s bottom, according to Bitfinex data.
The suffering has been even worse for much of the altcoin market, some of which have been bleeding out to new yearly lows and seeing drops between 2–15 percent.
Major cryptocurrencies such as ether and XRP dropped by 2.95 and 9.6 percent respectively, before the world’s largest cryptocurrency by market capitalization took an about-turn, stabilizing prices and reversing some of the damage from yesterday’s chaos.
At time of writing, bitcoin is up 5.16 percent over a 24-hour period, according to CoinMarketCap, and is changing hands at $6,375.
Read more.
Sinclair, S. (2018). Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving – CoinDesk. [online] CoinDesk. Available at: https://www.coindesk.com/breakdown-over-bitcoin-indicators-suggest-price-outlook-is-improving/ [Accessed 15 Aug. 2018].
 
  https://blog.kryptoin.com/2018/08/15/kryptoin-up-8-12-as-cryptocurrency-marketcap-has-morning-bounce/
copper member
Activity: 41
Merit: 0
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'Crypto Master' Youtuber Reviews Kryptoin as The Best Opportunity for this Month!
‘Crypto Master’ a well-known Youtuber with a following of approximately 69K has reviewed Kryptoin ETF Systems as “the best (ICO) opportunity for this month!”  Crypto Master whose channel had been started in January of 2012, might be considered a pioneer in crypto reviewing on Youtube.  Despite his colloquial speech and foreign accent, he has amassed an impressive 741 876 views on his channel.  His Description page states:
“Instead of recording business guides and tips, now I would like to implement blockchain technology and search for gold ICO projects…and only record those projects that I like.”
In the review, he started by claiming that ETFs since 2015 had become the most popular type of exchange-traded product and that it ‘bodes well’ for Kryptoin for taking the ‘good aspects’ of ETFs and Cryptocurrencies and marrying them together.  From there, he went through Kryptoin’s webpage highlighting and reading from their features, which was pretty straight-forward.
He also noted that by the time of creation of this review, there was no other system as efficient or decentralized as Kryptoin.  He was also expectant that the financial community would take notice of the project for its unique and patented system.  Also noteworthy was the fact that there was a Private Placement Memorandum, Token Auction Document, Regulation D 506 Filing, and ‘optimal’ Whitepaper.  He went on to praise the explainer video as ‘really nicely executed’ and being ‘enjoyable.’
He opined about how the Winklevoss ‘brothers’ who have been rejected twice will further enhance Kryptoin’s uniqueness and value.
The timeline was praiseworthy for being ‘focused’ and ‘controlled in its growth’ which was indicative of the quality of the project commenting:
“It seems like it’s not another cash grab project that just slaps ‘blockchain’ over any industry like plenty of projects that had been surfacing lately…So I am really glad to tell you guys that it’s not the case this time!”
He concludes his review with a recommendation by “wholeheartedly…giving these guys a look!”
To see the full review please follow the Youtube link (https://www.youtube.com/watch?v=cAFNU5RTY-8&feature=youtu.be).
 https://blog.kryptoin.com/2018/08/11/crypto-master-youtuber-reviews-kryptoin-as-the-best-opportunity-for-this-month/

copper member
Activity: 41
Merit: 0
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Kryptoin Again Reaches All Time Low as Cryptocurrency Marketcap Hits Low The Kryptoin Index and NAV reached its all-time low today at $92.97 and $46.49 as the Cryptocurrency Marketcap hits its day low of $224B.
Here is today’s 2:30PM EST Kryptoin snapshot:

https://blog.kryptoin.com/2018/08/10/kryptoin-again-reaches-all-time-low-as-cryptocurrency-marketcap-hits-ytd-low/
copper member
Activity: 41
Merit: 0
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Cryptocurrency Marketcap Hits YTD Low The Cryptocurrency Marketcap hit a YTD low of $229B.  The marketcap has not been at this level since early November last year.  Reports of the SEC delaying its decision on allowing the CBOE to list Bitcoin ETFs issued by VanExk SolidX Bitcoin Trust, maybe at the root of why the cryptocurrency market has nose-dived.
Kryptoin Index and NAV are down 10.75% as a result.
Here are today’s 10:00AM EST Coinmarketcap and Kryptoin snapshots:

https://blog.kryptoin.com/2018/08/08/cryptocurrency-marketcap-hits-ytd-low/
copper member
Activity: 41
Merit: 0
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The Cryptocurrency Markets Down 12% in One Week The Cryptocurrency Markets are down more than 12% over a one week period.  The market cap was $297B on July 28th and today it is $260B.
Here are today’s 9:00AM EST Kryptoin and Coinmarketcap snapshots:

https://blog.kryptoin.com/2018/08/04/the-cryptocurrency-markets-down-12-in-one-week/
copper member
Activity: 41
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Kryptoin and Cryptocurrency Marketcap Down The Kryptoin Index and Cryptocurrency Marketcap are down similarly.  Here are today’s 11:00AM EST Kryptoin and Coinmarketcap snapshots:


https://blog.kryptoin.com/2018/08/02/kryptoin-and-cryptocurrency-marketcap-down/
legendary
Activity: 1932
Merit: 1042
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ITALIAN WP RELEASED! TAKE A LOOK CLICKING HERE

or else by clicking the image below:




copper member
Activity: 41
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Cryptocurrency Marketcap Up 7% in a Month Despite all the ups and downs, the Cryptocurrency Marketcap in one month has gained only $18B.  On July 1st the marketcap was $256B and exactly one month later it is at $274B.
Here are today’s 10:30AM EST Coinmarketcap and Kryptoin snapshots:

https://blog.kryptoin.com/2018/08/01/cryptocurrency-marketcap-up-7-in-a-month/
copper member
Activity: 41
Merit: 0
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Cryptocurrency Marketcap Down 4.5% and Kryptoin Index By 4.85% The Cryptocurrency Marketcap is down 4.5% and Kryptoin Index by 4.85% during the afternoon.  The Kryptoin Index continues to display how remarkably good it is at benchmarking the cryptocurrency marketcap is.
Here are today’s 12:30PM EST Coinmarketcap and Kryptoin snapshots:


 
  https://blog.kryptoin.com/2018/07/31/cryptocurrency-marketcap-down-4-5-and-kryptoin-index-by-4-85/
newbie
Activity: 22
Merit: 0
I like project! If you need an VietNam'es translator I may help you. Please pm me!
member
Activity: 140
Merit: 11
The Kryptoin ETF System is a patent-pending platform that enables a digital token to be exchange-traded with a basket of cryptocurrencies that represents any index or sector. The ETF application integrates with any blockchain to enable that cryptocurrency to be included in the exchange trade.
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Activity: 41
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Kryptoin Index and Cryptocurrency Marketcap Up by Fractions The Kryptoin Index and Cryptocurrency Marketcap at $297.8B are both up by just a fraction since yesterday.
Here are today’s 10:45AM EST Kryptoin and Coinmarketcap snapshots:


https://blog.kryptoin.com/2018/07/26/kryptoin-index-and-cryptocurrency-marketcap-up-by-fractions/
copper member
Activity: 41
Merit: 0
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Bitcoin Stalls as Cryptocurrency Marketcap Unchanged Bitcoin stalls its upward trend and the Cryptocurrency Marketcap remains unchanged from the same time yesterday after reaching a $305B high earlier this morning.
Here are today’s 9:00AM Coinmarketcap and Kryptoin snapshots:


https://blog.kryptoin.com/2018/07/25/bitcoin-stalls-as-cryptocurrency-marketcap-unchanged/
legendary
Activity: 1932
Merit: 1042
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ITALIAN ANN THREAD AVAILABLE HERE
enjoi it!!!

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Activity: 41
Merit: 0
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Kryptoin Index Down 2.25% In Early Morning as the Market Has Relative Decline The Kryptoin Index is down 2.25% in early morning trading as the Cryptocurrency Market reflects a relative decline.
Here is today’s 8:30AM EST Kryptoin snapshot:

Stellar Price Slides 10 Percent as Bullish Trend Hits a Snag
The stellar price (XLM)  fell by just over 10% today, indicating a recent bullish trend may not sustain itself.
Stellar is currently the sixth-largest cryptocurrency with a market cap of $5.131 billion, right behind EOS. In the last seven days, it has gained 35% in value against the dollar, according to CoinMarketCap. In the recent 24-hour period, however, the stellar price tumbled from $0.308952 to $0.269737.
Source: Coinmarketcap.com
Today’s drop follows a 30% surge to a two-month high (https://www.ccn.com/stellar-xlm-skyrockets-30-to-reach-2-month-high/) of around $0.31 on July 18, a move was preceded by the announcement that XLM is one of five tokens that industry giant Coinbase is “exploring (https://www.ccn.com/cryptocurrency-prices-soar-on-news-coinbase-is-exploring-adding-five-new-assets/)” adding to its platform.
Source: Coinmarketcap.com
In the past month, the stellar price rose from 0.308952 on June 24 to 0.313989 on July 19. XLM hit its peak at $0.873623 on Jan. 3 before falling to its June 24 low point, according to CoinMarketCap data.
Read more.
Coleman, L. (2018). Stellar Price Slides 10 Percent as Bullish Trend Hits a Snag. [online] CCN. Available at: https://www.ccn.com/stellar-price-slides-10-percent-as-bullish-trend-hits-a-snag/ [Accessed 21 Jul. 2018].
  https://blog.kryptoin.com/2018/07/21/kryptoin-index-down-2-25-in-early-morning-as-the-market-has-similar-decline/
copper member
Activity: 41
Merit: 0
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Kryptoin ETFs Receives More High Accreditations 5.0 from TrackICO    (https://www.trackico.io/ico/kryptoin/)

Kryptoin ETFs received more high accreditations from TrackICO (https://www.trackico.io/ico/kryptoin/) and ICOMarks (https://icomarks.com/ico/kryptoin) lending further support to its project outlook and viability.   Most recently Kryptoin ETFs ICO submissions were thoroughly analysed by these two independent ICO tracking and rating sites.  TrackICO has given Kryptoin a perfect 5/5 rating while ICOMarks has given an 8.5/10 (A+) score.
These marks, also including ICOBench’s (https://icobench.com/ico/kryptoin), speak highly of Kryptoin’s high-quality potential and serve as validation that it has passed, above average, the various methodological rating processes of its ICO assessing peers.  Such factors as KYC Team and Advisors verification, Technology, Whitepaper, Profile, Social Activity, Content, etc., along with many additional sub-factors, help to determine an aggregate ICO “score,””mark,” or “rating.”
Kryptoin can stand proud to be recognized by such elite ICO authorities.   Kryptoin is realizing its short-term goals and is moving step by step closer to becoming not just another ETF product, but a premium one that will help catapult the industry into the next stage of growth and development.
Here is today’s 9:00AM EST Kryptoin snapshot:

 https://blog.kryptoin.com/2018/07/20/kryptoin-etfs-receives-more-high-accreditations-5-0-from-trackico/
copper member
Activity: 41
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Kryptoin Index Down Slightly as Cryptocurrency Markets Cool Off The Kryptoin Index is down slightly as the Cryptocurrency Markets have cooled off after hitting $299.25B yesterday afternoon then retreating to its current level.  In one week, the cryptocurrency marketcap has gained about 19% rising from $245B to its current $290B figure.
Here are today’s 11:30AM EST Coinmarketcap (https://coinmarketcap.com/charts/) and  Kryptoin (https://kryptoin.io/etfs) snapshot. https://blog.kryptoin.com/2018/07/19/kryptoin-index-down-slightly-as-cryptocurrency-markets-cools-off/
sr. member
Activity: 1680
Merit: 278
upps..please delete, it was  a mistake. sorry for the inconveniences.
newbie
Activity: 140
Merit: 0
“Kryptoin strives to push the evolution of the ETF by incorporating decentralized systems and Artificial Intelligence to create the best ETFs of the new economy.“
Interested to find out how many cryptos in your basket of ETF and duration for portfolio balancing.
copper member
Activity: 41
Merit: 0
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The Cryptocurrency Marketcap drops about $26B since coming off of yesterday’s $280B high with BTC losing about $300 trading near $6400, as the market shows more red today.  The Kryptoin Index continues to mirror the market. https://blog.kryptoin.com/2018/07/10/the-cryptocurrency-marketcap-drops-and-market-is-in-the-red/
copper member
Activity: 41
Merit: 0
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Activity: 41
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Kryptoin Whitelist Campaign is Now Open
Thank you all for supporting, learning and sharing about Kryptoin ETFs.  It’s truly amazing to be part of the community and make contact with so many crypto supporters from all over the world.  Hearing your positive responses reinvigorates our energy to bring you the best crypto ETFs. Over the next 50 days you will begin to see traditional market players and asset managers getting involved. As they do we will let you know. In the meantime keep HoDling.

Just a note to let everyone know that the Whitelist campaign is now open.
It is is simple to register and earn more bounty for registration and referrals.

https://kryptoin.io/whitelist/signup
https://blog.kryptoin.com/2018/07/09/kryptoin-whitelist-campaign-is-now-open/
copper member
Activity: 41
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Today’s Kryptoin Snapshot and Crypto Reads of the Week:  Crypto Markets Hold Weekly Gains Amidst Little Action; Why Institutional Money Is Coming; Bitmain Valued at $12B in New Funding Round; and  Trends of the Rollercoaster ICO Market in 18 Months
https://blog.kryptoin.com/2018/07/08/todays-kryptoin-snapshot-and-crypto-reads-of-the-week-crypto-markets-hold-weekly-gains-amidst-little-action-why-institutional-money-is-coming-bitmain-valued-at-12b-in-new-funding-round/
copper member
Activity: 41
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Crypto Reads of the Week: CNBC's Fast Money "CryptoHayes" is Sticking by Call for $50K BTC; Microsoft is Re-launching its Blockchain; 2018 Token Sale Market: The State of Our Nation; and Bitcoin, Gold-Backed Currency Can Coexist in Free Society: Ron Paul - https://blog.kryptoin.com/2018/07/01/crypto-reads-of-the-week-cnbcs-fast-money-cryptohayes-is-sticking-by-call-for-50k-btc-microsoft-is-re-launching-its-blockchain-2018-token-sale-market-the-state-of-our-nation-and-bitcoin-g/
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Cryptocurrencies remain depressed as the marketcap remains below $250B.  The cryptocurrency marketcap has lost almost 48% since the start of its near two-month decline. https://blog.kryptoin.com/2018/06/28/cryptocurrencies-remain-depressed-and-marketcap-below-250b/
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The Cryptocurrency Marketcap is up slightly above the $250B level after hitting its yearly low of $237B this past Sunday.
https://blog.kryptoin.com/2018/06/26/the-cryptocurrency-marketcap-up-slightly-above-250b/
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Activity: 41
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Today’s Kryptoin Snapshot and Crypto Reads of the Week: CNBC's Brian Kelly: Current Bear Trend ‘By No Means’ Funeral for Bitcoin; Wall Street’s Entry will Bring in Trillions; Winklevoss Brothers Win Patent to Provide Crypto-Based Exchange-Traded Products; SEC Comments on Digital Assets as Securities - https://blog.kryptoin.com/2018/06/24/todays-kryptoin-snapshot-and-crypto-reads-of-the-week-cnbcs-brian-kelly-current-bear-trend-by-no-means-funeral-for-bitcoin-wall-streets-entry-will-bring-in-tri/
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
the token sale is very long. you need marketing programs here to reach users among the community. by the way what basically can we get from kryptoin, for a regular user?
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Activity: 41
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The Cryptocurrency Marketcap has continued its downward drop as it nears its YTD low of $245B.  It is currently $258B as of writing, with the Kryptoin Index also nearing this year’s low. https://blog.kryptoin.com/2018/06/22/the-cryptocurrency-market-and-kryptoin-index-continues-downward/
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Not Much Change From Yesterday for Kryptoin and the Market, Since yesterday, the Kryptoin Index and the Cryptocurrency Marketcap has not changed much.
https://blog.kryptoin.com/2018/06/20/not-much-change-from-yesterday-for-kryptoin-and-the-market/
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The Cryptocurrency Market is coming off it’s recent $264B low and has risen nearly 10% in the past three days.  The Kryptoin Index has moved less dramatically rising about 5% off its recent lows of $107.29. https://blog.kryptoin.com/2018/06/19/cryptocurrency-market-is-up-as-well-as-the-kryptoin-index/
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Today’s Kryptoin Snapshot and Crypto Reads of the Week: EOS Mainnet Freezes Due to Bug; What is Going On With the Crypto Markets, Experts Share Opinions; Kurt Russell Is In a Cryptocurrency Movie; and Half of Top 10 Cryptocurrencies May Be Securities - https://blog.kryptoin.com/2018/06/17/todays-kryptoin-snapshot-and-crypto-reads-of-the-week-eos-mainnet-freezes-due-to-bug-what-is-going-on-with-the-crypto-markets-experts-share-opinions-kurt-russell-is-in-a-cryptocurrency-mo/
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The Cryptocurrency Marketcap and the Kryptoin Index is showing a slight uptick from yesterday.  Here are today’s 9:30AM 
https://blog.kryptoin.com/2018/06/14/the-cryptocurrency-marketcap-shows-slight-uptick/
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The application requires the integration of 'BLOCKCHAINS' not locks.

'The application requires the integration of blockchains due to the inherent security risks'

This is because the megawallet application must open and store wallet addresses for each user, blockchains have to be integrated into the application.  Not having these blockchains integrated into the system would mean that the addresses for these users would be out of our control.  These wallet addresses are essential for the Exchange Trading of the token for the basket currencies.
sr. member
Activity: 672
Merit: 250
🔰FERRUM NETWORK🔰
You wrote. "The application requires the integration of locks because of inherent security risks and the transactional requirements of the traditional ETF ecosystem." And what kind of system is this?
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Kryptoin Index Continues Sideways Movement
The Kryptoin Index manages to stay more composed than the rest of the cryptocurrency market.  The Index continues its sideways movement, pricing within a tight $10 range for the past two weeks, remaining more stable than the rest of the market.  The Cryptocurrency Marketcap inches its way up slightly this morning. https://blog.kryptoin.com/2018/06/12/kryptoin-index-continues-sideways-movement/
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The Cryptocurrency Marketcap is down 13.65% in two days, coming off of a $337B close on Saturday to a current low of $291B.  The marketcap has not been at this level since April 11th of this year.
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Today’s Kryptoin Snapshot and Crypto Reads of the Week: United States v. Crypto ETFs Struggle for Adoption; Ripple CEO Garlinghouse Says Bitcoin Will Not be Global Currency; Bitcoin ‘Dies’ for the 300th Time; and Fidelity is Quietly Building a Cryptocurrency Exchange - https://blog.kryptoin.com/2018/06/10/todays-kryptoin-snapshot-and-crypto-reads-of-the-week-united-states-v-crypto-etfs-struggle-for-adoption-ripple-ceo-garlinghouse-says-bitcoin-will-not-be-global-currency-bitcoin-d/
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The Kryptoin Index continues to trade in a narrow range, mimicing the overall marketcap of the cryptocurrency market as a whole.  The Index has been trading within a $5 range for the past week and a $10 range for the past two.  The Cryptocurrency Marketcap also continues to move sideways and has also been trading within a $30B range for roughly ten days, and is currently at $342B.
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@pivxSKYROCK we will be announcing the token sale details shortly
newbie
Activity: 17
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where can you buy this?
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The Market Sees Positive Gains
The Cryptocurrency Market sees positive gains.  The marketcap has been  moving sideways in a tight $50B range for about two weeks.  It seems to have established a firm base as the market gets ready for the next bull run.

Here is today’s 11AM EST Coin360 and Kryptoin ETF snapshot:
https://blog.kryptoin.com/2018/06/06/the-market-sees-positive-gains/
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Failed Breakout Revives Bitcoin’s Bull-Bear Tug-of-War
Bitcoin’s retreat from Sunday’s high of $7,779 has poured cold water over the bull mood generated by the weekend’s positive price action and neutralized the immediate outlook.

BTC closed on Sunday (as per UTC) above a key falling trendline resistance level, signaling a short-term bullish-to-bearish trend change. A bullish crossover between the 5-day and 10-day moving average (MA) also favored a short-term positive price action.

However, bitcoin suffered a rising wedge breakdown (bearish pattern) in the U.S. hours on Monday, signaling that the corrective rally from the recent low of $7,040 had ended.

In the end, the failed breakout was no surprise, as low trading volumes had warned of a bull trap.

At press time, the cryptocurrency is changing hands at a four-day low of $7,426 on Bitfinex, down 2.5 percent over 24 hours.
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