22 European countries sign declaration on Blockchain Partnership
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22 European ministers signed a declaration today on the establishment of a European Blockchain Partnership. The countries that embraced the blockchain technology include Belgium, Austria, Bulgaria, Czech Republic, Estonia, Finland, France, Germany, Ireland, Latvia, Luxembourg, Lithuania, Netherlands, Malta, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and UK. Additionally, members of the European Union and the European Economic Area are also invited to join the partnership.
Don & Alex Tapscott, authors of Blockchain Revolution say:
“We believe that the economy works best when it works for everyone, and this new platform is an engine of inclusion.”
The initiative’s aim was to create a more digitally strong Europe which will enable a ‘competitive and socially secure society’, and provide ‘better public services and security’. It will also promote cooperation amongst the Member States as they share their expertise, and work towards launching blockchain applications that are spread across all the countries of the European Union.
The European Blockchain Partnership can help the member states and stakeholders strategize and improve the utilization and spread of the blockchain technology.
Commissioner for Digital Economy and Society, Mariya Gabriel, supported the declaration stating:
“In the future, all public services will use blockchain technology. Blockchain is a great opportunity for Europe and Member States to rethink their information systems, to promote user trust and the protection of personal data, to help create new business opportunities and to establish new areas of leadership, benefiting citizens, public services and companies. The partnership launched today enables Member States to work together with the European Commission to turn the enormous potential of blockchain technology into better services for citizens.”
Andrus Ansip, the Vice-President for the Digital Single Market said:
“Technologies like blockchain can help reduce costs while increasing trust, traceability and security….have huge potential for making social and economic transactions more secure online by guarding against an attack and removing the need for any middleman.
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He also says that he wants to develop and invest in the rollout of blockchain using the talent base and startups in Europe.
Furthermore, in February 2018, the European Commission had launched the EU Blockchain Observatory with an investment of EUR 80 million in projects that promoted the use of blockchain technology. The member states intend to invest EUR 300 million more by 2020, for the cause. Follow us on Telegram | Twitter | Facebook Related Topics:
Ketaki Dixit is a Journalism major from Jain University.
She has about 1-year experience in writing and loves to learn new things and write about them. Continue Reading Your email address will not be published. Required fields are marked * Comment EOS, a huge buy wall formation! – Sentiment Analysis – April 11
Published Vinod KA Source: Pixabay
All in the greens and the market is having an upside momentum. Bitcoin [BTC], Ethereum [ETH] and Ripple [XRP] had gained 2.38%, 5.32% and 2.14% respectively at 2:58 PM UTC. Ontology [ONT] and Verge [XVG] are the winners in the last one-month statistics as they have gained 93.
94% and 31.57% respectively which is way higher than that achieved by the major coins. EOS is also under an upside momentum with the prices rising rapidly. The market capital which was at $396.455 billion around one month ago is now at $270.365 billion.
Our team at AMBCrypto has been analyzing the market sentiments for many months now and we have been delivering to our readers’ sentiments from around the world. By interviewing a group of investors, miners, journalists, skeptics, and influencers, sentiments, and comments on the market trends were gathered and are presented in a concise manner.
This analysis will be on EOS which is ranked at the 6th spot in the rankings.
EOS
EOS is the only coin in the top 20 list to have had a major gain today as well as in the last 7 days. There is a strong bullish momentum for the coin right now and the coin escalated from $6 to $7 in a matter of 11 hours which is a huge bull run.
The coin at 3:31 PM UTC was trading at $7.
11 and it had a market capital of $5.596 billion. The coin has a favorable setting to attack the resistance. The new trend has to be confirmed and there is a chance for a short-term bullish trend.
Cameron Jenkins, an EOS investor from Fort Worth says:
“There is a strong buying pressure for EOS on Bitfinex as there is buy wall formation. More people are buying the coin as they feel that the momentum will take it to higher levels.
As for me, I bought it one week ago and now I’m planning to sell it as I feel that this trend will not last.”
Ashwin Suvarna, an accountant form Trivandrum says:
“The MACD is in the positive range but it is without much slope or wideness.
The charts are in favour of a continuation for this bullish trend but you never know since a deadcross is almost formed. Let’s just hope that this bullish trend will not subside.”
Fredrick Adams, an altcoin expert from Florence says:
“The price is expected to drop in the long term picture. By the end of this month, it will come down to $5.
449. There is a major resistance formed at $8.57 which will be hard to break. The coin has reached its peak and it will go down.
For those of you who want to sell it can do now.”
To conclude, 61% of EOS respondents are overwhelmed by the coin’s gains and are expecting the coin to maintain the upside momentum. Another 39% of the EOS respondents are expecting a dip in the price soon which may start from today. TRON [TRX] – Steady as it goes! – Sentiment Analysis – April 11
Published Vinod KA Source: Keesler
The cryptocurrency market seems to be back on track with a lot of greenish signs.
This could be attributed to the investments made by the big financial institutions. Countries are regulating their banks’ involvement with cryptocurrencies and the big shots are of the opinion that these countries like China and India will lose and other countries like Japan and Singapore will gain. Many cryptocurrency related firms like exchanges are flocking towards Japan which is a country that is open to cryptocurrencies. The total coin market capital at 1:51 PM UTC was $270.
309 which increased from the amount earlier today.
The sentiment analysis segment is carefully structured after scrutinizing various comments and sentiments gathered from around the world. Each sentiment analysis is made after interviewing a group of investors, miners, journalists, skeptics, and influencers and it includes their valuable comments on the present market trends. This analysis is focused on the cryptocurrency, TRON [TRX], which has moved up to the 12 th spot in the rankings from the 13 th spot.
TRON [TRX]
At 2:00 PM UTC, TRON was seen to be trading at a price of $0.0370 and a market capital of $2.438 billion. TRON has been moving up and down in the rankings for quite a long time now. It had managed to reach the 10 th spot but could not retain it for long. The coin appears to be stable and has been trading above the strong support level of $0.
035. The lack of volatility may also be a cause for the coin not breaking out of this price level. The bulls and the bears are apparently not actively engaging with the coin.
Alex Watson, an altcoin miner from Brisbane says:
“This stable trend will continue for TRON and some other developments should be implemented to have a bullish trend to kick in. Currently there is a selling pressure for the coin but there are enough number of good buyers to keep the coin going.
My personal advice for you folks is to HODL till major trends arise”
Eric Johnson, a TRON investor from Queenstown says:
“This trend will continue till the second week of June and from there the coin has a bullflag formation which will take it further up. A resistance is formed at $0.043 and if the coin reaches this level, it will surely go up to the $0.
095 mark.”
Sam Simmons, an Economics student at University of Chicago says:
“There was a double bottom alert for TRON a few days ago.
Even though there was a big dip in the price, the coin did not hit the bottom. This resulted in the stability experienced by the coin at the present moment. A major bullish trend in the short-term cannot be expected but in the long-term, there are signs of a bullish trend.”
To conclude, 66% of TRON respondents are satisfied with the coin’s current trend and are hoping for a bullish breakout. Most of them are of the opinion that the launch of Test Net and other developments by the TRON team are the reasons why the coin attained stability.
Another 34% of TRON respondents, however, does not believe in TRON and they say that the coin will lose the stability because of its long-held inability to breakout. .
