TagNEM

5 Crypto Assets With Major Pump-Worthy Catalysts in Q3

crypto, litecoin, zcash, nem

By CCN: The second half of the 2019 blockchain calendar is filled with prominent development landmarks for several crypto market heavyweights Either because of bullish cryptocurrency investor speculation or timely manipulation, these events often coincide with robust price pumps for the coins involved. A review of projects with imminent Q2 landmarks on the horizon can be found here. In the...

Up 55%: NEM (XEM) Defies Crypto Snooze as Week's Biggest Gainer

NEM, XEM, cryptocurrency

By CCN: The crypto market took a breather from its bull run this week, with Bitcoin slightly departing from its recent year-to-date peak. However, NEM has been defying this mini-correction mood to gain over 55 percent since Monday, according to Coinmarketcap data. Thus, NEM, whose coin is trading under the ticker XEM, has been the best performer of the week among the top 100 coins. On Thursday...

Bear Market Hinders Coincheck’s Stabilization Effort after $530 Million Theft

Japan bitcoin etf cryptocurrency

The bear market that the crypto industry is facing has had a lot of adverse effects, with companies shutting down services and laying off staff members in their droves. Japanese cryptocurrency exchange Coincheck seems to be the latest company to feel the brunt of the dire crypto market state, according to reports from Nikkei Asian Review. A top executive of the firm was quoted by the outlet...

Ripple, NEM and others Launch EU Blockchain Association

Ripple

Ripple and three other blockchain based companies have formed a lobbying association that would represent their interest in Europe, according to their press release. Dubbed 'Blockchain for Europe,' the lobbying group would aim to create a credible and unified voice for the industry in Europe. The members of the new blockchain lobbying group are Ripple, NEM, Fetch.AI, EMURGO/Cardano, who share a...

NEM Price Rebounds to Two-Month High Following Coincheck Relisting

nem price bounce

The price of NEM tokens (XEM) has risen some since Japanese exchange Coincheck announced that it would once again allow trading of the token, which was suspended after a hack at the exchange led to a more than half-billion dollars in tokens being stolen and systematically laundered through other exchanges. The XEM price started picking up momentum just before the announcement. It presently sits...

NEM (XEM) Surges 10% as Foundation Signs MoU with UAE Ministry

NEM Coincheck

The New Economy Movement (NEM)'s platform token XEM surged 10 percent against the dollar on Monday, rising from 0.0974-fiat to 0.1046-fiat. The XEM/USD formed a straightforward uptrend while attempting to retest the high from Sep 6 correction action. The price action corrected towards 1.000-fiat later as a part of its pullback action. The downside momentum is still fresh and is looking to...

NEM Foundation Launches Blockchain Hub in Melbourne

NEM Coincheck

Melbourne is now home to a new blockchain hub where NEM representatives will provide support to members of the public on blockchain technology and cryptocurrency. The hub will host educational programs and blockchain events, and it will also serve as a business incubator and support centre for NEM-based blockchain startups. Having benefited from local support through partnerships in Australia and...

Japan Bolsters Crypto Exchange Regulations to Prevent Another Coincheck

Yen Japan Bitcoin cryptocurrency

Japanese regulators have announced stricter regulations for cryptocurrency exchanges in an effort to prevent another heist like the one that befell Coincheck in January, according to Nikkei Asian Review. The country’s Financial Services Agency expects to begin using a new, stricter framework for registered cryptocurrency exchanges this summer, and will advise those that fail to meet its new rules...

Do NOT follow this link or you will be banned from the site!