Bitcoin Price Wings Cut By Market
Bitcoin price has recovered from sell-off lows at $434 and 2800 CNY today. Can the market bounce price through resistance and continue to new highs? Or has yesterday’s lack of commitment at a critical moment cut bitcoin’s price wings? Yesterday’s sell-off caught most bitcoin traders off-guard as the evident course of events was for price to consolidate into the Fed announcement and to then take direction based on the FOMC statement’s content with its major global economic impact. That the bitcoin market fell into a sell-off prior to the event seems strange, but talk about irrationality or....
Related News
DAO launcher and funding platform Wings.ai is gathering speed in uncertain times - the specter of the failed Slock.it DAO is still on everyone’s lips. Can it succeed? This is the question Wings Core Developer Stas Oskin has been answering since June this year. He told Cointelegraph: “First it’s important to understand that DAOs did not start or end with The DAO. Decentralized Autonomous Organizations is a new concept of how virtual organizations are being started, funded and managed, and The DAO was just one of many possible implementations of this concept. While it has failed, it has....
Bitcoin wallet Airbitz just announced a partnership with the Wings Project (wings.ai). Wings is a platform that enables the creation of decentralized autonomous organizations for Bitcoin and alternative blockchains. Airbitz and Wings Collaborate Utilizing Edge Security With DAO Platform. Airbitz’s joint effort with the Wings project will provide the....
In the wake of the Etherum-based Slock.it DAO’s catastrophic failure, new project Wings thinks it can make a DAO that is both better and more secure. WINGS: A New DAO. Instead of a “simple” venture capital platform, Wings provides a forecasting service. With this service, participants in the distributed autonomous organization (DAO) predict which....
Wings is different in scope from the troubled Ethereum’s DAO. The new platform is seeking to achieve a different result by test driving its crowdfunding and DAO platform for the launch of new projects. After the completion of its backing campaign, Wings released the alpha version of its platform. The alpha version gives everyone a basic idea of how their systems will work and provides a way to receive feedback. This demonstrates its difference on the market. Some examples of this are enabling projects to be independent in tokens, smart contracts, backing campaign and governance structure.....
Bitcoin wallet and security solutions provider Airbitz recently announced a partnership with WINGS to integrate Airbitz’s Edge Security login to decentralize private key security and help make DAOs accessible to a wider development community. Airbitz and WINGS Partner to Secure the New DAO. Through the partnership, WINGS will implement sound processes for private key management, in turn making DAO participant actions more frictionless and overall increasingly secure. Airbitz’s blockchain-inspired, zero-knowledge data security solution enables end-users to securely access a multi-blockchain....