Nexus Gold Corp. From two separate shafts currently being exploited by artisanal miners. That delineated a 1,000-metre quartz vein and a 500.

NXS Daily Chart As things stand, NXS is priced at $8.93. At the start of December, the coin went for just $1.50 a piece and a market capitalization of around $83 million. This latter figure, market cap, is now up at $490 million. Over the last twenty-four hours alone, we’ve seen NXS run more than 90%. So why do we like this one and what’s coming next? Let’s take a look.

First up, a quick introduction. The company describes itself as follows: a decentralized currency project looking to distribute networks fairly worldwide via infrastructure such as cube satellites in space. Forget that space thing for a moment.

The cryptocurrency markets have taken a real beating over the last couple of weeks and especially throughout this week, with many of the major coins (bitcoin, Litecoin, etc.) trading at a more than 50% discount to their price just a few days ago. This, of course, has translated to a real weakening of sentiment and the confidence that many of the later entrants had in their (arguably late entry) positions has all but dried up. People are exiting the market in spades and the selloff is resulting in a further weakening of price. This, in turn, is translating to more panic and an increased number of market exits and so on and so on.

This sort of action will be familiar to many. It’s a self-fulfilling spiral that compounds sentiment and it’s essentially the opposite of what caused bitcoin and its peers to run up into the end of last year. Late entrants forming weak and fundamentally inaccurate biases and responding to these biases by pulling the trigger. In November and December, it was a trigger pulled on a buy position.

In January, the trigger is being pulled on a sell. The thing is, now is not the time to sell. Sure, markets got overexcited at the end of last year and some coins ran up farther than they perhaps might have done if the crypto space had of remained under the radar. Sure, the entry of a futures market and the concurrent wave of media coverage that came with bitcoin shifting into the mainstream consciousness perhaps created a buying frenzy which, in turn, pushed prices above and beyond sustainable levels. BTC Daily Chart When this happens, however, we generally see a correction, a bottoming out, some degree of rationality return to a market and, in turn, a return to the overarching trend which, in this case, very much remains to the upside. People forget that Bitcoin (BTC) was trading below $900 this time last year.

Litecoin (LTC) was at $5 twelve months ago. Some of the more functional tokens, things like Ripple (XRP), were trading for fractions of a penny. Many didn’t even exist. Cryptonex CNX Buy Or Mine. What we’re trying to say here is that the vast majority of coins that exist in today’s market and that are down circa 50% or so on early month January highs remain up thousands of percentage points on their respective twelve-month pricing. Put things in perspective, then, and you see that this pullback is a natural correction on an overheated market and one that simple serves up a long overdue return to sensibility, as opposed to any indication that the cryptocurrency run has come to an end. For those who need a bit of persuasion, look at this space as if it’s a thirty-year trend, a long-term technological shift. We’re less than a decade into it and while exuberance led to the space running away with itself a little, the excitement is now reigned in and the industry can resume on the path towards changing the technological (and indeed, global industrial) landscape of the future.

Bottom line: let the panic sellers exit their positions cheap and, if you’ve got the capital, pick up some cheap coins as they unload. When things return to normal, the same sellers will be scrambling to buy back their coins and will be forced to do so at a premium to the rice at which they’re unloading them right now. We will be updating our subscribers as soon as we know more. For the latest on Bitcoin, Ripple and Litecoin, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Nexus NXS Mining Overview here. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of Global Coin Report Archives. 2017 saw a massive increase in awareness of cryptocurrency thanks to the huge increase of Initial Coin Offerings (ICOs). Investors swarmed the numerous new coins available, making it the must-have investment product of the year (well, up until the end that is.) The reason for its success and failure as an investment tool is due to the simple fact that the coins were meant to be used in daily life – all that was missing is the infrastructure needed to make it easy. Yet The Current System Doesn’t Work However, there are two issues surrounding utilizing cryptocurrency in daily life.

The first is that few retailers accept cryptocurrency at all. The second is that those who do accept these digital currencies typically only accept one out of the dozens of varieties available. Meaning it is possible to have a fortune of cryptocurrency in your pocket and be unable to spend a single penny of it. Bitcoin, Litecoin, Ethereum, and more are being actively traded every day with new coin systems being minted just as quickly. With an estimated total market capitalization of $660 billion, there is a great deal of opportunity for ICOs to help spur the next stage of consumer spending and economic growth, but ICOs will have to bridge the divide between digital and physical.

How can we solve this challenge? Take MoxyOne, for example. It was founded with the simple goal of providing the infrastructure needed to help ICOs make the transition from an investment vehicle to viable currency. For its part, MoxyOne provides white-label services for companies seeking to offer a complete cryptocurrency solution for their investors and clients. This includes a “banking” solution that makes spending the coins as easy as swiping the provided debit card.

Beyond working with other coin platforms, MoxyOne is also offering its own cryptocurrency known as SPEND tokens, offered for distribution through the respectable Cryptopia exchange platform. More platforms are coming soon, as well. MoxyOne’s Exchange Listing Consultant Rick Kennernecht is working to secure new partnerships with a wide variety of exchange platforms such as EtherDelta. Recent successes in this endeavor include a partnership with the Decentralized Social Networking Platform Social (SCL).

How to Integrate Digital Wallets with Physical Debit Cards By using the latest in digital wallet technology, MoxyOne has made it possible to securely handle transactions worldwide wherever debit and credit cards are accepted. All the end-user needs to do is install the app and activate the card – from there it is as simple as managing a traditional bank account, without the fees. This works through the implementation of Just In Time Funding (JITF) which allows for the instant sell of cryptocurrency into the required traditional currency as the user spends it. This means that the greatest hassle involved in modern cryptocurrency – using it in the real world – has been eliminated in a way that is completely seamless for the end-user.

The only fee incurred is the traditional platform exchange fee built into all cryptocurrency platforms. This platform will be released in early 2018, with a pre-sale beginning February 8, 2018, and ending on March 10, 2018.

The public ICO starts March 14, 2018, until April 14, 2018. MoxyOne will leverage Raiden Network’s micropayment technology for speed and Gladius’ DDoS technology for stability and overall security. Long-term goals will include integrating with the COMIT network for increased blockchain interoperability and overall access. In addition to JITF, we enable individual organizations and buyers to obtain the cryptocurrency directly from the holder. In addition to receiving the coins, a number of extra tokens will be provided to cover any extra expenses.

This will help grow the platform and incentivize end users to utilize every feature of the MoxyOne platform. Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Introduction Ever since bitcoin’s inception in 2009, the price of a single unit of bitcoin as steadily increased, up until 2017, when the price exploded and caused mainstream investors and users all over the world to be plunged into a crypto frenzy.

The industry has also given rise to several strange terms and phrases such as Buy Back, Smart Trading, Referral, Signal, Backed Loan, Proof of Stake, and Cryptocurrencies. Despite the relative obscurity of the phrases, they’ve been readily gliding over the lips of regular individuals all over the world. Perhaps rightly so, as the price of bitcoin grew with an exponential 450% within the last three months. The sharp price increase and excitement of the industry have secured bitcoin’s place in the mainstream.

However, despite the cryptocurrency’s increasing popularity it still not easily available and accessible all over the world. In fact, many traders in certain regions are still very limited when it comes to bitcoin trading. At the moment, the majority of cryptocurrency exchange platforms provide a service which charges users exorbitant trading fees in exchange for a slow system. In addition, most exchanges have demonstrated a single-minded approach when it comes to trading. They provide their customer only with trading options and seem oblivious to other financial solutions that they can provide to their customers to enhance their overall bitcoin experience. Why choose Bitto Bitto has been created with the goal to provide its users with a wide array of products and services that will bring much-needed relief to the increased obstacles faced by regular users. The products and services have been designed in such a way to be practical, functional, stable, and above all realistic.

This is especially true of Bitto’s core service, an online cryptocurrency lending platform. This platform has been created to offer its customers with a sense of security and transparency. The platform was designed to offer both borrowers and lenders with an optimum service that is both driven by market trends while being easily accessible and user-friendly. To achieve this goal, the platform is endowed with excellent support services which can cater to any customer’s every need that is compliant with Bitto’s core values.

Bitto has been created to be integrated into the customer’s every day with ease and a level of competency that is sure to impress. The Bitto platform has integrated six separate core models into one user-friendly exchange. This system not only ensures conveniences but also allows their customers to generate revenue using several sources. The platform’s own cryptocurrency, Bitto Coin, will be available in a limited supply of 30 million. Of the total coins, only 21 million will be allowed to be in circulation at any given time, while 3 million Bitto coins will be used to reward Bitto holders within a period of 24-months. What is Bitto Coin? Bitto Coin, has been created using the Ethereum Blockchain network and is based on the Ethereum coin, ERC20.

The developing team chose the Ethereum network as it offers investors more cost efficient transaction fees as well as a more efficient network. Bitto will utilize the PoS Reward system over that of the traditional Proof of Work (PoW) system in an attempt to be more environmentally conscious. In addition, the coin will serve as a digital asset to be used on the platform for collateral lending. PoS-based cryptocurrencies have proven time and time again that they are much more efficient than their PoW counterparts. This is especially true when it comes to being cost-efficient, as PoS is less heavy on energy consumption than PoW.

The developers behind Bitto Coin chose this system in order to create a network that is more sustainable has the long-term possibility. This decision will also ensure that Bitto is based on a strong foundation that will later positively affect both Bitto Coin’s market supply and price. The benefits of Bitto What sets Bitto apart is the fact that the platform was created to think about its users need. The platform’s unique and comprehensive integration which offers its customers several tailored benefits including a support team that is dedicated to seeing you thrive, a PoS system committed to the environment, progressive organizational tools, as well as a borrowing/lending portal. Because Bitto was designed with the investor in mind, they reward their investors with 30% of their circulating coin supply. Long-term Bitto holders can look forward to future Bitto coin rewards. Bitto is primarily driven by the goal to shape and cultivate the brand new wilderness that the cryptocurrency landscape has to offer.

To achieve this ambition, Bitto is dedicated to providing world-class service to customers from all over the world, while still ensuring that every individual user has access to precise trading and tailored services at their fingertips. This quality service is underpinned by a dedication to customer security.

The support service at Bitto has implemented only the highest security measures to protect their customers and servers against malicious attacks. To date, a large portion of ICOs has offered prospective investors unrealistic promises together with an unsustainable business plan and fraudulent promises. Bitto believes that honesty, transparency, and a realistic outlook is key to a good relationship with investors.

The team behind Bitto is dedicated to providing a secure lending platform that is driven by a realistic approach. This attitude will go far towards ensuring that the platform is accessible to a diverse customer base. In addition, Bitto wishes to ensure that all customers enjoy an optimum experience on their platform. What Bitto offers The Bitto platform has been created to be internationally orientated.

On this platform, users will be able to: • Trade any cryptocurrency from any location across the world with access to friendly 24/7 support that can aid you in any issue. • Get tips and tricks from international profitable traders. • Easily use the Bitto Coin on the platform while the developing team still creates a relationship with merchants all over the world. • Use the Bitto token to access a wide variety of services on the platform such as loans, staking, or signal trading. Depending on each investor’s contributing tier, they might be eligible for the Free Forever program where ICO investors can enjoy unlimited trading at no added cost.

Members of lower tiers, however, will still enjoy several benefits such discounted trading fees. To activate these benefits, members simply have to use their Bitto tokens on the platform. Bitto has created a unique lending system for its customers. Borrowers can use the platform to get a loan while keeping their own cryptocurrency. In all loans, up to 70% of the total loan value will be taken into account to provide for the event of extreme market volatility. This means that the customer’s cryptocurrencies remain secured in a signature wallet.

Lenders receive added benefits after reaching the Bitto hodlers tier. This is reached after the lender has staked on the Bitto platform for an uninterrupted period of 15 days. After becoming a Bitto hodler, lenders will be allowed to make loan contracts with borrowers at no additional cost. However, any external lender will be subject to paying a small fee before being allowed to operate on the platform. Once a lender has selected their country, they will be allowed to only operate from this area, in an attempt to limit instances of money laundering on the platform. Future Development of Bitto Bitto hopes to provide its services in both an online and offline capacity. The trend in the cryptocurrency industry is to operate purely online as it suits the medium of virtual currencies and is more convenient to access.

However, Bitto believes that this eliminates a vital part of the customer relationship. This has inspired the company to established brick-and-mortar offices in locations all over the world which customers are encouraged to visit for a more personal Bitto experience. For more information, please visit the or read the.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover.

Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of via Flickr.

TSX VENTURE: NXS Mr. Alex Klenman reports: Vancouver, Canada / TheNewswire / February 23, 2017 - Nexus Gold Corp. ('Nexus' or the 'Company') (TSX-V: NXS, OTC: NXXGF, FSE: N6E) is pleased to report it has increased its phase one diamond drill program by an additional 1000 metres at its Niangouela Gold Project located in Burkina Faso, West Africa. The Company originally planned a 1000 metre phase one diamond drill program on its 178 square kilometre Niangouela concession. The increased 1000 metres of diamond drilling is designed to test the primary quartz vein and associated shear zone at depth and along strike.

The current program is targeting areas of gold anomalies identified from rock samples and Rotary Air Blast (RAB) drilling that was conducted by the Company in December 2016 and January 2017. 'Early work is progressing extremely well at Niangouela, we are very pleased with what we are seeing on the ground. Additionally, we are still discovering the size and scope of the primary quartz vein and the shear zone. It's a large concession with a lot of artisanal activity. We have a lot of ground to cover,' said Senior Geologist, Warren Robb. 'Now that we have established a base of operations and have crews up and running we will begin to initiate work at the Bouboulou concession', continued Mr. 'Our plan is to drill both properties over the coming months with the goal of establishing the extent of mineralization at both sites.'

Bouboulou Phase One Diamond Drill Program The current work program at Niangouela has assisted the Company in understanding and streamlining its exploration efforts in Burkina Faso. The Company has based its operation out of the city of Yako which will also serve as its base for the upcoming diamond drill program on the Bouboulou property located six kilometers south of Yako.

The objective of the program is to further define and understand the characteristics of the four mineralized zones on the property - Koala, Rawema, Bouboulou 2 and Pelgtanga. An initial phase consisting of a 2000 metre diamond drill program is anticipated to begin shortly. More information on the Bouboulou project is available on the Company's website -. $2 Million Private Placement Closed The Company is also pleased to announce that it has completed a non-brokered private placement of 16,668,219 units (each, a 'Unit') in the capital of the Company at a price of $0.12 per Unit for gross proceeds of $2,000,186.

Each Unit consists of one common share in the capital of the Company and one-half-of-one common share purchase warrant (each full warrant, a 'Warrant'). Each Warrant entitles the holder to purchase one additional share at a price of $0.18 until February 23, 2019. 'The demand for this financing was extremely strong,' commented President & CEO, Peter Berdusco. 'The participation included over 100 subscribers, the majority of them international, and is a direct testament to the growing interest in our Company and properties. These funds allow us to continue to pursue significant assets and execute our work programs in West Africa,' continued Mr. In connection with completion of the offering, the Company has paid $15,536 and issued 528,050 common shares and 393,492 Warrants to certain finders who introduced subscribers to the offering.

All securities issued pursuant to the offering are subject to a statutory four-month hold period. About the Niangouela Gold Concession The 178 sq km Niangouela gold concession is located on the Boromo Greenstone Belt (as is the Company's Bouboulou Gold Concession), and is proximal to the Kalsaka deposit and the Sabce Shear Zone. It is accessible by road and has one major orpaillage (artisanal workings). In December 2016 the Company conducted an 802m rotary air blast (RAB) drill program that delineated an approximately 1,000 metre quartz vein and a 500 metre secondary strike, running oblique to the main vein. This vein has now been identified in trenches, artisanal workings and through RAB drilling. It remains open in all directions. A total of 11 rock chip and grab samples were taken during the initial exploration phase.

Eight of the 11 samples returned values of 1 gram-per-tonne ('g/t') gold or better. Best results of the 11 include sample NG005, taken directly from the primary quartz vein at 46 metre depth (accessed via an artisanal mining shaft),which returned a value of 2,950 g/t gold. Sample NG006 was collected from the artisanal dumps of the sheared intrusive and returned a value of 23.9 g/t gold. Sample NG007 contained coarse visible gold, and was taken from material extracted from the eastern shaft from a depth of approximately 60 metres, returned values of 403 g/t gold.

Sample NG008 was taken from the western shaft, 10 to 12 metres west of the eastern shaft, and consisted of a single large piece of primary quartz vein containing host rock inclusions and a cluster of visible gold. NG008 returned values of 49.8 g/t gold. About The Bouboulou Gold Concession The Bouboulou Concession covers an area of 38.3 square kilometres and is located approximately 100 kilometers north by northwest of the capital city of Ouagadougou, Burkina Faso. Exploration on the permit area has been conducted by Boliden (1997 - 1999), Riverstone Resources (2005- 2011) and Roxgold (2011 to 2012). Exploration has consisted of Rotary Air Blast Drilling, trenching, geological mapping, Airborne EM and magnetometer and Radiometrics and reverse circulation and diamond drilling.

Highlights of the previous exploration programs include; surface rock sampling and trenching returning gold grades from 1.09 to 19.16 g/t gold. Four zones of gold mineralization have been identified on the Property termed Koala, Rawema, Bouboulou 2 and Pelgtanga.

Previous drilling highlights Bouboulouinclude 40m of 1.54 g/t Au (including 20m of 2.55 g/t Au), 35m of 2.20 g.t Au (including 12m of 5.45 g/t Au), 4m of 12.83 g/t Au, and 6m of 4.62 g/t Au (including.03m of 81.32 g/t Au). Please see the Nexus Gold Corp website for a more detailed look at historical drill results at Bouboulou. The Property is situated at the north end of the Boromo Greenstone Belt underlain by an alternating sedimentary-basalt-sedimentary-volcanic progression which strikes generally northeast-southwest, and is bisected by the Sabce Shear Zone, which hosts numerous artisanal gold zones over its 120 kilometre length plus the Bissa Mine operated by Norgold. About Burkina Faso Burkina Faso is a landlocked nation, located in West Africa. It covers an area of roughly 274,000 square kilometres and has an estimated population of more than 16 million people. The country has a stable political setting with a pro-mining and foreign investment stance.

Burkina Faso is the fastest growing gold producer in Africa, and was the 4th largest gold producer in Africa in 2012. Eight new mines have been commissioned there over the past six years. The country has excellent geological potential. The Greenstone Belts that host all of the major deposits in Ghana and Cote d'Ivoire continue northward into Burkina Faso.Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining under-explored in comparison to neighbouring Ghana and Mali; both of which host world-class gold mines in the same belts of Birimian rocks. About the Company Nexus Gold Corp. Is a Vancouver-based gold exploration and development company operating in some of the world's premier mining districts. The Company is currently concentrating its efforts on two gold projects located in Burkina Faso, West Africa.

The Bouboulou gold concession is a 38-sq km advanced exploration target where previous drilling has confirmed multiple zones of gold mineralization. The Niangouela gold concession is a 178-sq km project featuring high grade gold occurring in and around a primary quartz vein 1km in length and associated shear zone. For more information on these projects, please visit the Company website. Warren Robb P.Geo., Senior Geologist is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information contained in this release.