Are XRP Holders, Holding the Future Global Currency?

By

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April 2, 2019

XRP Price Prediction: Why Most Crypto Analysts Are Optimistic About XRP In 2019

Did you know it’s often highlighted that the early emerging companies that receive the most backlash are also some of the projects that tend to go on to change how the world operates?

Could we be seeing this again with Ripple & XRP?

They say history doesn’t repeat itself but it often rhymes!

So what exactly is XRP and how can this cryptocurrency change the way payments are transferred globally?

Well, keep reading and we’ll dig deeper into what this special cryptocurrency could mean for XRP holders…

What is Ripple?

Ripple connects banks, payment providers and digital asset exchanges via Ripple Net to provide one frictionless experience to send money globally.

Ripple essentially offers 3 solutions to send money globally using the Ripplenet Blockchain;

XCurrent – A service to improve current payment processing.
XRapid – A service that uses XRP to speed up cross-border money transfers.
XRP – Digital cryptocurrency asset, which offers banks and payment providers an on-demand option to source liquidity for cross-border payments.

Now, I want you to picture this for a moment…

…We currently function in a digital society where well over three billion people are connected through the Internet.

Cars can drive without human assistance and AI is moving at progressive speed.

But what about the current monetary system?

One word…

Outdated!

The current banking and payment infrastructure system were built well before the digital Internet era we have today and this can’t possibly keep up with how fast we are moving.

Slow, expensive and unreliable are some words, which come to mind when you think of fiat-to-fiat exchange and the current SWIFT system.

And this is why I believe XRP will be the inevitable global currency to really revolutionize global payment transfers.

With Ripple already partnered with well over 200 banks/financial payment providers such as the juggernauts of Santander, Moneygram, Mercury FX, American Express, you can link the dots to see that XRP will be seamlessly integrated into payment transfers and settlements across the globe.

Almost as if you wouldn’t even know you are using it.

But What About Bitcoin?

Shouldn’t Bitcoin be the future global currency considering it was the first created?

Well, actually not quite as simple as that.

Although Bitcoin was the first cryptocurrency created, it wasn’t designed to handle high volume cross border payment transfers.

Who will lead the digital global revolution?

Marley Grey – The director of technology strategy for financial services in the US at Microsoft had previously commented on his thoughts regarding Bitcoin & XRP being the future of global currency;

“Right now we have Bitcoin, which is this public network. There will be people out there who will tell you that you need to be on the Bitcoin blockchain. We disagree. For a couple of reasons, we don’t really see it going anywhere. But Bitcoin served an important purpose. It proved that the technology can work. But it’s just one chain. We’re barely scratching the surface.

In financial services, I think we’re going to see a mixture of different blockchain technologies. There will be many, many chains—chains for swaps, chains for bonds. They’ll each have different characteristics. We’ll see chain patterns evolve. You could plug and play various consensus algorithms based on the products that exist on that chain.”

This led many to believe that there would be another cryptocurrency blockchain that would supersede Bitcoin in terms of performance, speed, and scalability.

Ripple further highlighted their growth by publically announcing in Feb 2017 that in recent internal testing across 16 geographically distributed validators, the Ripple Consensus Ledger was able to sustain nearly 1000 transactions per second.

XRP the world’s reserve digital currency

“With 2017 now well underway, we remain hard at work, focused on adding exciting new features to the RCL and further improving the performance, stability, and quality of the rippled open source codebase.

Most importantly, we remain more committed than ever to the simple goal of making XRP the world’s reserve digital currency.”

At the time of writing this article, XRP currently sits at $0.329 per coin with huge room for growth.

If you’re fortunate enough to be in a position where you’re an early adopter, then it may be a decision you will look back on years later with admiration of how lucky you were.

The current monetary system is in disarray with inflation, corruption, and global debt.

Perhaps a digital currency is needed more than ever…

And perhaps, you may just be sitting on the future of the next global currency!

Cardano Price Analysis: ADA Targets $0.1 Price Level

By

Azeez Mustapha

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April 2, 2019

Cardano Price Analysis: ADA Targets $0.10 Price Level

Resistance levels: $0.08, $0.09, $0.10

Support levels: $0.06, $0.05, $0.04

ADA/USD Long-term Trend: Bullish

ADA/USD is on the bullish trend on the Long-term outlook. The Bulls hold tenaciously to the ADA market. The Bulls increased their momentum and broke up the former resistance level of $0.06 as predicted last week and the coin broke up the resistance level of $0.08 today before it was interrupted by the Bears and the price fell below $0.08 price level. Currently, the coin is experiencing pullback towards the broken level.

The coin is making higher highs on the daily chart. The crypto is trading above the 21 periods EMA and 50 periods EMA with the distance between the ADA price and the EMAs. In addition, the two EMAs are well separated from each other to indicate a strong bullish momentum in the ADA market.

The Stochastic Oscillator period 14 is above 80 levels (overbought zone) with the signal lines point down to indicate sell signal; this sell signal may be a price retracement before the continuation of uptrend movement. ADA price will be rated higher above $0.08 resistance level in case the bull does not lose their momentum.

ADA/USD Medium-term Trend: Bullish

ADA is on the bullish trend on the Medium-term outlook. The Bulls refused to give room for the Bears except on the pullback events. The Bulls increased their momentum and were able to break up the $0.06 and the price is currently exposed to the supply level of $0.08 price level.

On the 4-hour chart, the two EMAs are facing north direction with the coin trading above the 21 periods EMA and 50 periods EMA is an indication of strong bullish momentum in the market of ADA.

The Stochastic Oscillator period 14 is at 60 levels with the signal lines pointing up to indicate buy signal and the continuation of the uptrend.

Bitcoin Bullishly Breaks Above $4,800, ETH, XRP, EOS, LTC, XLM, ADA Skyrockets

By

Aman Pathak

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April 2, 2019

Bitcoin at $5500; Market Cap Heads Towards $100 Billion, BTC Sets Out For The Nearest Resistance Levels

The crypto market is surprisingly moving in a bull run path, the market cap has added over $14 Billion just in a few hours, while at $146 billion as at yesterday, the market is now above $160 billion and doesn’t seem to be stopping there.

BTC Dominance has also increased and now at 51.6% at press time, it’s been long the market saw such swift rally and bitcoin which was trading at $4,127 as at yesterday has now added over $700 to trade at $4,849.

The second Cryptocurrency in market capitalization, Ethereum has also amassed an impressive gain, currently up over 6%, ETH is trading at $140 at press time.

XRP, EOS, Litecoin (LTC), Stellar (XLM) And Cardano (ADA) are also soaring high, Ripple’s XRP has now broken the $0.30 price point and now exchanging at $0.32.

EOS Currently up over 8% is now trading at $4.54, in the next couple of hours, we might be seeing EOS at $5, as that price level looks very much attainable following the market upward rally.

Litecoin (LTC), Stellar (XLM) And Cardano (ADA) are currently up at 8.16%, 6.83%, and 7.39% respectively with trading prices at $65.70, $0.116, $0.075 respectively.

XRP Price Analysis: Currency Looks Set For a Swift Bullish Rally

By

Azeez Mustapha

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April 1, 2019

XRP Price Analysis: Currency Looks Set For a Swift Bullish Rally

Supply zones: $0.31, $0.32, $0.33

Demand zones: $0.30, $0.29, $0.28

XRP/USD Long-term Trend: Bullish

XRP/USD is bullish on the long-term outlook. XRP price fell to the low of $0.30 price level on March 21. A bullish pin bar Japanese candle formed signified the bulls’ arrival with their increased momentum. Followed the pin bar is the formation of a strong massive bullish candle that penetrated the supply zone of $0.31.

A retest was carried out when the bears resisted further increase in XRP price at the dynamic resistance level of 21 periods EMA. The XRP price bounced as it touched the $0.30 demand zone, the Bulls persistently increasing their pressure and the coin broke up the supply zone of $0.31.

The crypto is trading in between the two EMAs with a bullish candle which implies that the Bulls are gradually taking over the market. Uptrend movement continues until the drawn trend line is broken downside and the bearish candle closed below it.

The stochastic Oscillator period 14 is at 50 levels with the signal lines point up to indicate buy signal and a further increase in the XRP price. The XRP price will continue to increase as long as the bulls increase their momentum. Should the daily candle close above the $0.31 price level; XRP may have its target at $0.33 supply zone.

XRP/USD medium-term Trend: Bullish

XRP/USD is on the bullish movement on the medium-term outlook. The Bears lost their momentum at the $0.30 demand zone. A Bullish harami candle pattern emerged at the $0.30 demand zone and serve as a bullish turning point for XRP price.

A bullish momentum propelled the XRP price towards the $0.31 price level, price retracement was done at the level and the price consolidated for few days before the Bulls’ force broke up the $0.31 level and increased the price towards $0.32 supply level. The XRP price retested the broken level on March 31. Strong bullish candles emerged at the opening of the market today indicate that XRP has resumed its uptrend movement.

The coin is trading above the 21 periods EMAs and 50 periods EMA. The Stochastic Oscillator period 14 is at 40 levels with the signal lines point up to indicate buy signal and a further increase in XRP price.

The Don: Binance Coin (BNB) Is The Amazon Of Crypto, Could Increase By 100 Times Soon

By

Nick James

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April 1, 2019

Binance Coin Gains Traction as a top Digital Asset, Tron's Justin Sun Calls It The

Over the last few days, the crypto market has shown some promising indications that things could get nicer soon. However, it’s one particular crypto that has attracted notable attention in the crypto space.

It’s the Binance Coin (BNB). BNB, a cryptocurrency created by Binance Exchange, has been on the rise, even breaking into the top 10 most popular cryptos and gaining in value as well as in market cap.

As a result, there has been a lot of talk about BNB. For one, the crypto has been successful partly because of Binance’s recent efforts to create awareness about it besides introducing a number of new developments in its platform.

BNB is currently trading at around $17.86 with a market capitalization of $2.5 billion. The latest guy to say something notable about Binance Coin goes by the name “The Don” on Twitter.

The Don Tweets About BNB

On March 20, The Don sent out a tweet that has since turned into a long thread filled with mixed reactions. In the tweet, The Don opined that BNB could very well be the Amazon of cryptocurrencies.

He went on to add that the crypto could be headed for a cool 100 times price increase. As expected, the tweet elicited ranging reactions from various Twitter users including the CEO of Binance Changpeng Zhao.

??????

— CZ Binance (@cz_binance) March 31, 2019

Skeptics

Some of the users that responded to the tweet expressed their seemingly deep-rooted skepticism about the Binance Coin. For some, the crypto is largely centralized and only listed on one major exchange.

Another user raised the issue of user cases, saying that at the moment, BNB doesn’t have a definitive use case. Another one pointed out that Amazon boasts a market cap of around $750 billion as compared to BNB’s $2.2 billion.

Supporters

The Don’s tweet scored some level of support from a section of the BNB fans who bought into his idea of BNB increasing in value. However, a majority of them were only willing to support a 10x increase as opposed to The Don’s initial 100x projection. One particular guy said that BNB could indeed skyrocket “when the crypto hype fires up again.”

VELIC Secures Investment from Japanese Venture Capital, B Dash Ventures

By

PR DESK

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April 1, 2019

VELIC Secures Investment from Japanese Venture Capital, B Dash Ventures

VELIC, a digital asset platform based in Singapore, announced an investment from a fund managed by B Dash Ventures, prominent venture capital in Japan. The investment will jumpstart VELIC’s blockchain financial ecosystem, and Hiroyuki Watanabe, CEO of B Dash Ventures, will serve as an advisor to provide further insight and network in the blockchain space.

Last January, VELIC secured a suite of successful strategic partnerships with Deblock, a blockchain accelerator, and ICON, South Korea’s leading blockchain project. Thanks to further investment from B Dash Ventures, VELIC will expand its blockchain financial ecosystem to overseas markets.

VELIC is a blockchain-based financial project that combines blockchain technology and financial services in order to create a new platform for both institutional and retail investors. By providing a transparent transaction process alongside a contribution-based reward system, VELIC aims to build a healthy crypto-financial ecosystem. The VELIC platform will launch a plethora of crypto-related services such as a proprietary custody solution, an exchange, crypto loans, and investment packages.

B Dash Ventures, one of Japan’s most prominent venture capitals, primarily invests in high-growth sector startups which will serve as the backbone of next-generation technology. From early-stage seed investments and late-stage seed rounds, B Dash Ventures strategically invests in a wide range of startups. B Dash Ventures manages various funds created through investments from major telecom networks, internet companies, financial institutions, and others.

“I personally believe in the vast potential of blockchain and highly respect VELIC team’s ambitious vision,” says Hiroyuki Watanabe, the CEO of B Dash Ventures. “I am pleased to join as an advisor and look forward to further pushing the boundaries of crypto-finance with the VELIC team.”

VELIC, which is composed of financial experts, has been developing its financial platform since its incorporation in Singapore in 2018. VELIC has taken its first step towards the global stage, officially having launched its exchange service on March 25.

On April 6, VELIC will offer its base platform tokens (VELT) through an Initial Auction Offering (IAO), which is an innovative token offering process and involves a differentiated pricing model from the common IEO and ICO methods. The IAO is an auction process, generally applied in traditional stock markets before or after trading hours, which determines the opening price and the closing price by matching multiple orders for the simultaneous execution of a trade. VELIC is the first project to introduce this methodology in the blockchain space. This approach will allow it to address an increased trading volume, which is typical for initial offerings. VELIC transposed the call auction model to its IAO. VELIC wants to transform the way digital assets are distributed among adopters, and this IAO model seems to be the ideal approach. The largest stake goes to those who want it more. Users can register and whitelist their accounts through KYC verification to partake in the IAO.

[About VELIC]

VELIC is a comprehensive digital asset platform that provides a wide array of crypto-finance products to both retail and institutional investors. VELIC aims to provide crypto-enabled: asset management, proprietary crypto-storage, and cryptocurrency-based loans, all within a single platform.

VELIC is also part of ICON’s Finance DApp Partnership

VELIC Official Channels
*Website: http://www.velic.io
*Facebook: http://facebook.com/velicfinancial
*Twitter: http://twitter.com/velicfinancial
*Reddit: http://reddit.com/r/velicfinancial/
*Medium: http://medium.com/velicfinancial
*Telegram(ENG): http://t.me/velicfinancial
*Telegram(Announcement): https://t.me/velic_announcement

[Introduction of B Dash Ventures]

B Dash Ventures was established in June 2011 to invest in internet/mobile-related startups. The VC focuses especially in ad-tech, gaming, and online media sectors.

With Litecoin Halving On The Horizon, Hash Rate Nears All-Time High

By

Stephen Brown

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April 1, 2019

Possible Reason Why Litecoin is Cruising to The Moon with a 35% Rise in the Last 7 Days

The Litecoin halving in August is predicted by many in the industry be a catalyst for a major bull run for LTC. Halving events have been notably bullish happenings in the cryptocurrency space.

Bitcoin halvings have always generated plenty of buzz in the space and resulted in bull runs. They lower the rewards that are received by miners. This makes demand rise because coins become harder to earn.

In 2015, after the last halving, LTC saw a nearly 10x spike over the next several months. Recently Jason A. Williams co-founder and partner at Morgan Creek Digital, tweeted out some juicy possible prices from the social media cryptocurrency analysis guru @Scienceguy9489. He gave some predictions on LTC among others.

?Crypto ? Break Out Predictions?

Ethereum – April 24, 2019 with a price target of $2090

Bitcoin – April 11, 2019 – A new all-time high of $28,100.

Litecoin – target $650 April / May

Wouldn’t this be nice ??

From: @ScienceGuy9489

— Jason A. Williams ? (@JWilliamsFstmed) March 22, 2019

But the halving is not the only good news surrounding Litecoin. There is also progress being made industry-wide in terms of adoption and use. Nexo Finance just announced a plan to extend credit lines to LTC holders.

“We are thrilled to announce Litecoin as the newest collateral option for Nexo’s instant credit lines. LTC holders can now access instant cash in 45+ fiat currency while keeping the upside potential of their #LTC!”

Blockstream CSO Samson Mow also recently shouted out LTC on Twitter.

Talking to an ATM operator today, they said there’s barely any demand for $ETH or $BCH. Interestingly, after $BTC, the next most sought after coin is $LTC. @SatoshiLite

— Samson Mow (@Excellion) March 26, 2019

With all this bullish news, many experts are expecting LTC to climb in price over the coming months.

Crypto Enthusiast: XRP Will Overtake Bitcoin For #1 Crypto By Q3 Of 2021 And Hit $109 By 2022

By

Stephen Brown

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April 1, 2019

Crypto Enthusiast: XRP Will Overtake Bitcoin For #1 Crypto By Q3 Of 2021 And Hit $109 By 2022

Ripple and XRP keep pushing forward in the March for adoption. Startups are currently building the infrastructure that will allow XRP to become a prevalent payment method in the near future. XRPL Labs, for example, is about to roll out a payment app that they think will hit the mainstream sooner rather than later.

The app will be available in the App Store and Google play and it could thrust XRP into the public eye. Ripple and xRapid even got some praise from the World Bank as a possible future solution to many problems facing those sending cross border payments.

With all these positive steps in the direction of mass adoption, the XRP Army is starting to think their coin can be the top digital asset on the market.

One Crypto enthusiast says that XRP will eventually reign supreme.

Bitcoin is going to survive for quite awhile. Just look at Bitcoin’s 9.83 billion $ volume thus far today. XRP has a volume 1/10th of that. Considering the quantity of XRP vs Bitcoin we must wait for XRP to take hold. XRP should overtake Bitcoin for #1 crypto by Q3 of 2021!

— Guy (@Thebabyaceman) March 30, 2019

According to this user, Ripple’s XRP will make a lot of holders very affluent.

Should full adoption of XRP occur within 39 months; look for this:
June 2019 $.43 XRP
June 2020 $11.00 XRP
June 2021 $18.00 XRP
June 2022 $109.00 XRP

— Guy (@Thebabyaceman) March 31, 2019

The thought of “one coin to rule them all” is pretty prominent in the cryptocurrency space. A lot of investors tend to cling to a specific asset, causing a lot of polarization. However, many see a future of interoperability in a multi crypto asset economy.

IOHK CEO and Cardano founder Charles Hoskinson say he sees a future where multiple coins are used for a multitude of purposes. Still, there are a good amount of “maximalists” for each cryptocurrency that comes into existence.

Ripple does seem to be carving out an area for itself to succeed and could prove to be a valuable tool for people and businesses alike. XRP could rise in price as it continues to develop legitimate use cases and more regulatory clarity is brought to the crypto sector.

ProBit Exchange will list ORBS April 1st at 15:00 pm

By

PR DESK

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April 1, 2019

ProBit Exchange will list ORBS April 1st at 15:00 pm

ProBit Exchange will be the first exchange to list ORBS (ORBS) against Ethereum. The trading pairs ORBS/KRW and ORBS/ETH will be listed on April 1 15:00 pm KST. Deposits can be made starting on April 1 10:00 am KST.

ProBit Exchange will also launch a trading competition for top traders of ORBS. The trading competition will last from April 1-April 8. A total prize pool of 20 ETH will be featured during the Trade ORBS, Earn ORBS trading competition.

Once the ORBS trading competition goes live April 1 15:00 pm in conjunction listing, the specific prize structure as well as periodically updated rankings will be available here: https://www.probit.com/en-us/competition

About ProBit

ProBit Exchange is a global cryptocurrency exchange with 71 available trading pairs and only lists promising, qualified and deserving cryptocurrency projects. ProBit Exchange boasts order matching the speed of over 1.5 million orders per second, and a customizable user interface.

ProBit Exchange has held 15 IEOs on their IEO platform in two months. They have raised around $2 million with successive IEO sellout campaigns including $53,000 for LINIX in just 6 seconds and $127,000 for SPIN Protocol in 3 minutes 21 seconds.

ProBit Exchange is able to support an IEO with more than 5 currencies, multiple sales round, different bonus rates, and various lock-up structures. The funds received are stored with the same high-level protections that ProBit Exchange uses for exchange’s deposits.

IEO and listing applications can be submitted here.
ProBit Global: www.probit.com
ProBit Korea: www.probit.kr

About ORBS

ORBS is a hybrid public Blockchain that scales base-layer protocols. It promises to be the first customizable public Blockchain designed for flexibility.

ORBS token sale has raised US$118,000,000 in 2018 and has captured the attention of Blockchain onlookers all around the world. Kakao Investment’s first Blockchain Infrastructure Investment was in ORBS, with the view to developing Blockchain applications for the Kakao Network. Kakao consumer applications count more than 50 million active users worldwide.

For more information, please visit https://orbs.com/

You Think Bitcoin Is Better Than Visa? You May Be Wrong And Here’s Why

By

Ponvang Bulus

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March 31, 2019

You Think Bitcoin Is Better Than Visa? You May Be Wrong And Here's Why

The number one cryptocurrency Bitcoin (BTC) has often been taken as a better option for transactions than global payment giant Visa. However, new evidence suggests that Bitcoin is far behind Visa and may not be beating the payment giant anytime soon.

Bitcoin blockchain data shows that there is more to be done to reach the level Bitcoin fans expect. The data shows that the network only processed 88 million transactions worth $264 billion.

The average cost for these transactions is said to be $0.64 per transaction while Visa processed over 120 billion transactions worth $11.2 trillion at an average cost of $0.22 per transaction in 2018, according to the company’s annual report. This means Bitcoin transactions cost three times the cost of Visa transactions.

In addition, the Bitcoin network is said to charge BTC holders extra in order to maintain and secure the network. This brings Bitcoin’s actual cost per transaction to $45 which the users wouldn’t notice because of the volatility in Bitcoin price and the growing customer base, the information claims.

Another major weak point of the Bitcoin network which makes it inferior to Visa is the number of transactions it processes per second. The network is said to process just 6.1 transactions per second while Visa has a capacity for 24,000 transactions per second. In fact, Bitcoin has the slowest network by TPS among all top cryptocurrencies used in remittance services including Paypal.

Visa has been a major payment processing company for over 3 decades before Bitcoin was born in 2009. The company boasts of 3.3 billion cards in circulation and is currently the leading non-blockchain payment processor. It was reported that Bitcoin processed more transactions in 2018 than Visa. this new data, therefore, contradicts what the cryptocurrency community now believes.

One major concern for the Bitcoin network though is that as block reward reduces, transaction fees may have to rise to incentivize miners to verify transactions and secure the network. This may pose a problem as the aim of the network is to process as many transactions as possible with as little cost to users as possible.

If the data presented here is correct, then Bitcoin may have a long way to go before becoming a formidable competitor against Visa and a much longer way to beat it. What do you think about this information? Is the Bitcoin network really so bad?

Core Developer Says Ethereum Governance Has Failed

By

Ponvang Bulus

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March 31, 2019

Ethereum Price Watch: ETH Set Make A More Decisive Move In The Next Couple Of Days

Ethereum (ETH) the second largest cryptocurrency by market capitalization has been faulted for having only a few core developers determining what happens on the network. A core dev Lane Rettig said the small group has the final say on what goes into the protocol, a situation that has led to several concerns because emerging issues with the network are non-technical.

This makes the technocrats unable to solve the problems currently faced by the network. In a post on Twitter, Rettig said:

“…the challenges we face today are increasingly non-technical. Core devs don’t want to make these decisions because they feel unqualified, fear legal liability, are conflict avoidant, and prefer just to write code.”

He added that Ethereum has only a few options to choose from, one of which is to give up on governance completely “and be like Bitcoin”. Another viable option proposed by him is to allow Ether holders to participate in decision making concerning the network in a plutocracy instead of a technocracy.

Ethereum governance has failed.

We are a de facto technocracy, where a small group of technocrats, the core devs, have final say over what goes into the protocol.

— Lane Rettig (@lrettig) March 30, 2019

Rettig suggests that Ethereum should stop running a decentralized network and go for a centralized, more transparent and accountable governance system as well as embrace capture by the elite for now because the Ethereum network may be running and blocks still being produced but the project is stuck.

Ethereum is the number two cryptocurrency and one of the leading blockchain cryptocurrency projects. It is the leading project when it comes to smart contract deployment as well as dapps development. Tron that claims to be the highest in the deployment of dapps ad smart contracts started from the Ethereum blockchain.

There have been several allegations concerning Ethereum’s centralization one of which Weiss Ratings mentioned recently, saying few wallets holding 80% of circulating Ethereum is quite dangerous for the network especially when Ethereum moves to proof-of-stake. They, however, said that Ethereum was still far more decentralized than Binance Coin (BNB) where the top five accounts control two-thirds of the total supply.

This time, a dev within the Ethereum team is coming out to say the network has failed. How is this going to affect Ethereum and its native token Ether? If Rettig’s points are anything to go by, Ethereum will need to make some major changes in order to get the system functioning efficiently again or it may be going down especially because one of its own has called out the network on a public platform like Twitter.

Watch Out: These Top Two Altcoins Are Headed For A Bullish Price Breakout

By

Adrian Klent

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March 30, 2019

Crypto Miner: The Next Bull Run Could Take Bitcoin Up To $700k

The cryptocurrency market is in its usual state of uptrends and downtrends. These turnouts progress to affect the structure of the market as regards coins and tokens. As with every other week, every cryptocurrency undergoes the process of inflation and deflation which later results in a significant decline or a breakout in trading price.

Price breakouts are more than just an increase in the dollar as they are price enablers, that helps coins reach the nearest resistance levels and position them for significant upclimbs. This week, some cryptocurrencies attained impressive price breakouts, some mild, others intense.

One of the most effective price breakouts for this week was Bitcoin’s crossover from the $3000 mark to $4100. While BTC is still struggling to gain momentum in order to sustain this new price level, mild bearish trends are still lingering as the big bull now trades at $4088 at press time.

On the other hand, two altcoins are aimed at making a price breakout in much sooner than later. This weekend, Maker (MKR) and the Basic Attention Token (BAT) are clearly headed in this direction.

Maker (MKR)

Maker (MKR), the 16th largest cryptocurrency by market capitalization has been on a promising run since the year began. However, it is the swiftness at which its trading price skyrockets that make it more likely to hit the $1000 mark in a few months time. Maker (MKR) currently embodies the qualities of stability as regards its growth from last year till present.

MKR had initially started the year on the $400 mark. However, the path to $1000 become even more evident as MKR made a swift upsurge to land on the $700 mark. On the 28th of March when trading volume was seated at $6.7 million, MKR hit $745.21 as it neared the $750 and $800 resistance level before volume reduced by $3 million. Despite this turnout, MKR is still set out for the $800 mark, a move which will effectively play out in the coming weeks.

Basic Attention Token (BAT)

With adaptational support from the Brave browser, BAT has been making a comeback since its downfall to the 40th spot. At present, BAT has worked its way up to the 23rd spot despite having gone back and forth with severe losses, even at present the token is down by 3.65%.

This doesn’t hinder BAT’s possibility of a breakout once the growth process is considered. Between now and the past 2 weeks, BAT has moved from the $0.19 to $0.20 mark, and most recently $0.30 in the past 24hrs. Yesterday, trading volume hit $65.95 million showing that BAT is still capable of a swift rally and a possible bullish price breakout overtime.

Bitcoin breaks resistance to hit $4,107, Is a weekend rally surfacing?

By

Adrian Klent

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March 30, 2019

Technical Indicator Suggest That There’s More Pain Ahead For Bitcoin (BTC) Bulls

Bitcoin’s performance in the last 24hrs has been a significant one and this is reflected in the big bull’s ability to make a sheer climb that has now placed it in the $4100 mark. More precisely, Bitcoin is currently trading at $4157 at the time of this writing. This is even more impressive as Bitcoin seems to swiftly be heading to the nearest resistance level of $4200.

While the current structure of the cryptocurrency market is showing itself to be highly promising, the early hours of yesterday was a rather risky one for both top dogs and altcoins.

With slight bearish trends surfacing, altcoins attained losses between 2% to 5%. Bitcoin was not left out, although having only attained very mild losses (0.5% to 1% against the USD), the big bull had barely managed to remain above the $4k mark with an opening trading price of $4068, while a daily all-time high of $4113 was attained shortly into the day, the bears suppressed BTC lower than its opening price as the coin fell back to $4,034 and later closed a little higher with $4,098.

A possible weekend rally

The weekend is showing itself the most promising for Bitcoin. Yesterday’s price of $4,113 is the second highest price Bitcoin has seen for the month of March, following its current trading price which has now set itself for the $4200 mark.

The possibility of this is unquestionable as Bitcoin had previously hit this level back in February when the big bull initiated at $4,145 and went on shortly after to hit its first yearly all-time high of $4,210.

With the weekend beginning on a bullish path, Bitcoin is already up by 4.32% at the time of this writing. An increase of $2 billion to its market cap communicates that traders are pumping big into the big bull.

While weekends are usually a fair trade as the market tries to find balance, the bulls have decided to input a little more green lights and a little less red lights as gains continue to pour in.

Buzzex Global Cryptocurrency Exchange Now Live

By

BitcoinPrbuzz

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March 29, 2019

Buzzex Global Cryptocurrency Exchange Now Live

Buzzex, a UK-based highly reputed crypto exchange platform, has officially launched operations with several unique features to allow traders to maximize their profits in their crypto trading activities.

The trading platform more than 100 active coins and markets for traders to exchange digital currencies.

Introducing the Smart Order Routing System

Buzzex, one of the latest innovations in the crypto space, uses a smart order routing system rather than the traditional isolated liquidity source, to not only display orders in its order book but also display the best orders from other liquidity sources.

This guarantees liquidity in all markets from day 1.

With these liquidity sources connected, traders will be able to maximize their profits by getting the best bargain to buy or sell cryptocurrencies, as well as ensuring that the execution of trade is made faster and easier.

Buzzex Arbitrage Plugin

Eligible Buzzex traders will be able to take advantage of the arbitrage plugin.

Kicking six months after Buzzex launches full operations, it will analyze orders in the global order book and perform triangular trades on multiple exchange platforms simultaneously.

This will allow traders holding coins on the Buzzex platform to grow the coins in their wallets without actually having to perform trades themselves.

Buzzex Coins

On the Buzzex platform, Buzzex coins is usually used to facilitate trade on blockchain platforms. With this coin, qualifying traders are to get up to 100% discount on trading fees and earn part of the daily trading fees in BTC, ETH or USDT, by merely holding them in their Buzzex wallet.

Also, voting power is given to customers to decide which new coins are to be added to the platform.

Using the Buzzex platform to trade for the first six months, traders will earn BZX as fee cashback at a rate of $0.13.

$13 Million Trading Competition

In a bid to expand the frontiers of the Buzzex Coins to active traders on the Buzzex trading platform, every coin will have its own mini-trading competition which will last for six months. Up to 100 million BZX ($13 Million value based on fee cashback) will be distributed to up to 4,400 traders.

So, Traders with the highest volume for each coin will win 20,000 BZX coins or more, automatically qualifying them to trade with zero fees and earn daily fees in all base currencies forever. Certain requirements need to be met in order to validate the competition of each coin listed on Buzzex.

Coin Partner Program

During the course of the trading competition, every coin project which is validated will be able to earn 1 million BZX to help grow their project, and these can be used for developmental or for marketing purposes.

Buzzex wants to enable a system in which a trading platform gives back to the community to help grow the global blockchain and cryptocurrency ecosystem.

It is noteworthy that, only the first 100 projects of which the trading competition gets validated will be able to acquire the 1 million BZX by verifying coin ownership.

Interested traders who want to join the platform and reap all these benefits can join Buzzex and get more information.

Media Contact Details

Contact Name: Loreen Estillore

Contact Position: Director

Contact Email: support@buzzex.io

For more information, visit the Buzzex website: https://buzzex.io/pre-launch

Facebook: https://www.facebook.com/Buzzexio

Twitter: https://twitter.com/Buzzexio