Bitcoin (BTC) Price Pushing Past the $1500 USD Mark

4 May
2017

The last couple of days were very good not only for the many altcoins that are rising in value, but also for Bitcoin as the crypto currency has pushed past the $1500 USD price point and seems to by trying to reach new heights every day. Not that we are complaining, however there are concerns regarding this serious peak as if it is a bubble getting ready to burst. The enthusiasm regarding crypto currencies such as Ethereum, ZCash and Litecoin as well as many other altcoins is nice and all, but we are seeing some overblown in terms of proportions ICO sales and that is also a reason for some concerns. On the positive side, if this trend continues we might be able to see new highs for BTC and other coins earlier than some optimistic predictions about prices…

LTC Continues to Move Up After Coinbase Adds Support for Litecoin

4 May
2017

Litecoin (LTC) has been going up in terms of price in the last few weeks for a number of reasons including the upcoming SegWit support, Lightning Network and now the addition of trading pairs for the crypto currency by Coinbase. There was also a report that in the past 24 hours, over 1 million $LTC has been traded on GDAX. This is finally something that is really making LTC interesting again after the last couple of years when nothing much was happening and Litecoin wast moving much. This push is also helping the manufacturers of Scrypt ASICs such as the Innosilicon Dominator A4 and the more recent Bitmain AntMiner L3+. So if you have left out LTC for dead already, then you might want to reconsider that and keep an eye out for the future developments surrounding LTC once more.

– For more on how you can now easily buy, sell, send, and store Litecoin via Coinbase…

New Storj Share GUI v5.0.0 with New Interface and Protocol Updates

3 May
2017

Storj, the decentralized blockchain-based and encrypted file storage system with its own crypto token, has released a new Storj Share GUI version 5.0 with new interface and protocol updates now that is is out of beta stage. The new updated interface makes it easier to control the storage you share on the platform as well as making it easier to monitor things. After running it for a couple of hours however we are still noticing the main issue that the service faces at the moment – lack of users that want to use it for file storage. Now that Storj is out of beta and is giving away 25GB free storage for the first 12 months there are still not enough users to take advantage from that offer. As a result users with unused free space are not that much encouraged to use the service, because they are not earning much and are unable to utilize their free storage resources.

Something that is planned to happen soon that will hopefully generate more interest and move things further a bit is the upcoming Storj SJCX token sale that was recently announced. Storj has recently announced their plans to move away from the Bitcoin-powered Counterparty platform to the Ethereum platform. There are still a little over 16 days until the start of the crowdsale left, so if you are interested you might want to keep track of that as well.

– To download the new Storj Share GUI v5.0.0 and give it a try…

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