In a bearish market, the ability to distinguish between good and bad opportunities in the medium and long-term represents the difference between a good trader and a bad trader. For Weiss Cryptocurrency Ratings, right now some excellent opportunities prove the high potential of blockchain technologies in the future. Generally Weiss Ratings’ recommendations and analysis are […]
Bitcoin and popular altcoin exchange Poloniex, today announced that on September 25th at 12:00 ET the exchange will be delisting eight coins which include: BTCD, BTM (Bitmark), EMC2, GRC, NEOS, POT, VRC, and XBC. Customers have until...
Poloniex to delist BTCD, BTM, EMC2, GRC, NEOS, POT, VRC, XBC
After revealing that the founder of Tron (TRX), Justin Sun was not the only one who made bid for the content distribution protocol, BitTorrent, it became crystal clear that quite a number of people valued the power of the platform. It was said that even though the most talked about tech deal fell in favour […]
Japan has been working on regulating crypto for the past few years while at the same time hoping to create a balance between consumer protection and tech innovation. The country created some stringent guidelines for the exchanges and ICOs that are operating inside, and it also published complex reports on scam ICOs and crypto-related fraud […]
Ethereum, Bitcoin Cash, Neo and Nem got smashed while VeChain, Dogecoin and Nano survived the red month. August will probably go down as the worst month in crypto for 2018. There were few survivors of the massive rout that dumped the prices of many altcoins to their lowest levels for over a year. Following gains...
NEO has formed higher lows and slightly higher highs to trade inside a rising wedge on the short-term time frame.
What is the NEO ?
Some call NEO “Chinese Ethereum”. Founded by Da Hongfei, NEO also places itself as IOTA, in the “smart economy” or “smart economy” sector. “We hope the platform can be used in a variety of scenarios including a front-end scenario. Such as digital asset portfolios, forums, voting systems, profile management and mobile applications. The platform also has an open API that can be used to integrate NEO with another software architecture, “explained Da Hongfei.
NEO seems to have moved beyond China’s borders to become a global player. Even China’s ban on cryptocurrencies did not seem to affect it.
Compared to the Ethereum, NEO has some advantages, including supporting multiple computer programming media. Which should allow many new developers to participate. To simplify, it is a more open system, which should stimulate innovation.