Neo price formed a solid support near $30.00 and moved higher against the US Dollar. NEO/USD has to clear the $34.40 resistance to recover further. Key Talking Points Neo price is moving higher and is currently well above $32.00 against the US Dollar. There is a key bearish trend line in place with resistance at […]
NEO Price Key Highlights NEO price recently broke out of a symmetrical triangle consolidation pattern on the 1-hour chart. Price is pulling back from the breakout and might be due for a retest of the broken triangle resistance. If the area of interest holds, NEO could gain more bullish traction and test the next upside...
Token sales and Initial Coin Offerings have no stop. With 2017 being a record high of ICO projects taking place, 2018 had no relaxation at all despite the market corrections. [With $8bn raised from 334 token sales year to date at the time of writing representing 151% of the total ICO funding for 2017]. NEO […]
Undoubtedly, NEO is China’s flagship project and is an important project. Despite that big tag, NEO is on a slide and so far, sellers are aiming for $25 if not for $12 assuming prices break from this horizontal consolidation. At the moment, NEO is down four percent in the last day and it is likely...
NEO Price Key Highlights NEO recently formed a head and shoulders pattern to signal that a downtrend is underway. Price has since broken below the neckline around $36 to confirm that bears have the upper hand. NEO has more room to go south since it could slide by the same height as the pattern and...
We have some amazing news for NEO token holders! Ontology which is directly tied to the Onchain Shanghai based blockchain R&D company is getting ready to send out $40 million USD worth of ONT tokens in a free airdrop for all NEO token holders. The NEO Council announced that all investors who are holding NEO […]
NEO has announced it will build a new version of the NEO platform for large-scale enterprises. It will require a higher throughput in order to cope with the higher usage requirements of enterprise use. Plan to Create Divisible NEO Units The new version of NEO will be designed for high-performance use through features such as...
CoZ and Neon Wallet team has been working really hard in order to prepare for the release of the v2, but in the meantime the team just released the version 0.2.6 of the Neon Wallet to support new functionalities and to address a number of bugs that have been reported by the community, there’s also […]
As prominent economists sound the death knell for cryptocurrencies and technical analysts label the current events as part of the bottoming process, investors have one question in mind. Are cryptocurrencies nearly prepped for a turnaround or is this the next leg down in a 7-month bear market? Market Overview Cryptocurrencies continue to waver and fumble as a few prominent world economists forecast that governments will regulate bitcoin to death. Meanwhile, other experts predict that bitcoin
The bears have the clear saying above all in the second week of the 7th month of 2018. This Tuesday the red declining trend has taken the market as a whole. For some that are on the short term trading this might mean loss, but other that are longer in the game could find the movement as […]
Its a very welcoming morning for crypto-enthusiasts this beautiful Sunday. All coins are in the green as they are approaching breaking point levels. Similar to Bitcoin going for the $7,000 level as it is trading at $6,827.80, all coins going to test important marks. Accordingly, NEO has the highest gain in the last 24-hours with […]
This week BTC has recovered nearly 13% and a few altcoins attempting to follow, while a few others surpassed BTC, but will any be able to hold on to their gains. Market Overview As usual, bitcoin commands the room, hogging all the attention and taking credit for running, or as of late, ruining the cryptocurrency market. Nowadays, the statement that 90%+ of altcoins are tethered to BTC’s hip pricewise is a well supported fact and
Li Xiaolai, one of the most important investors in the Chinese crypto sphere, broke the news today, but not for the reasons he would have liked. It is rumored that Mr. Li is the person with the most Bitcoins in China, so it would be normal to see bullish tabloids associated with his name; however, […]
The process of decentralizing the NEO network has been initiated with the election of a City of Zion consensus node onto the NEO MainNet. City of Zion is an independent group of open source developers, translators, and designers that aim to support the NEO ecosystem and core. The City of Zion consensus node has been […]
The crypto world is pretty new and there are a lot of digital coins that start appearing. What all of them have in common is a goal to become the most significant coin in the cryptocurrency space. There are lots of rivalries out there are one of the most exciting ones is between EOS and […]
The cryptocurrency ranked 12th by market capitalization is appreciating the highest gain for the last 24-hours of the top leading coins. It is changing hands at $36.57 against the US Dollar with 17.11% increase in the last day. Source: coinmarketcap NEO Welcomes Partner Mainnet Launch Neo and Ontology had since May 2018 collaborated in a […]
Neo price found support above $27.00 and recovered against the US Dollar. NEO/USD must break the $32.60 resistance to gain upside momentum in the near term. Key Talking Points Neo price formed a decent support base above the $27.00 level against the US Dollar. There was a break above a major bearish trend line with […]
Designed as an asset for the smart economy, NEO (NEO) regulates its blockchain operations with smart contracts and digital assets and identities. Commonly dubbed as the “Ethereum Killer,” NEO blockchain aims to revolutionize the current system with solutions to all the existing issues. After Vitalik Buterin released the Ethereum (ETH) whitepaper in 2013, the ETH […]
A senior NEO executive has questioned how Facebook handles data, offering blockchain as a solution to the problem of data consent. Speaking on his first time in London, he also said NEO are planning to create a European office to access the western market. Blockchain: More Transparent and Private Chen ‘Johnson’ Zhao, General Manager of...
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.