✅ 47% Rate Bitcoin as 'Favorite Coin' Over Ethereum, Ripple - Report
🔰 In a study by the news website Value Walk, it claimed that 46.7% of people prefer investing in Bitcoin over other cryptocurrencies. While the publication’s headline was a claim that 76% of the respondents “thought that [the] ‘crypto winter’ would end in 2019.” The first question respondents were asked was “which is your favorite coin?” And the publication tallied the following results: #BTC Bitcoin: 46.7%, Ethereum: 31.4% and Ripple: 21%. Data for other coins was omitted in the report.
💎 @CryptoLandNetwork
🔰 In a study by the news website Value Walk, it claimed that 46.7% of people prefer investing in Bitcoin over other cryptocurrencies. While the publication’s headline was a claim that 76% of the respondents “thought that [the] ‘crypto winter’ would end in 2019.” The first question respondents were asked was “which is your favorite coin?” And the publication tallied the following results: #BTC Bitcoin: 46.7%, Ethereum: 31.4% and Ripple: 21%. Data for other coins was omitted in the report.
💎 @CryptoLandNetwork
✅ Bitcoin Cash Jumps as Kraken Disables BSV Trading
🔰 Bitcoin Cash is up by more than 10% from circa $230 to not far off from $270. Its trading volumes are up to about $2 billion with the coin making a second big higher low since December. One reason for this price jump might be the delisting of BSV, a coin that chain-split from #BCH in November 2018. “Bitcoin SV (#BSV) trading is now disabled. Open orders will be canceled shortly. Please withdraw all BSV by May 31st, 2019,” Kraken said .
💎 @CryptoLand
🔰 Bitcoin Cash is up by more than 10% from circa $230 to not far off from $270. Its trading volumes are up to about $2 billion with the coin making a second big higher low since December. One reason for this price jump might be the delisting of BSV, a coin that chain-split from #BCH in November 2018. “Bitcoin SV (#BSV) trading is now disabled. Open orders will be canceled shortly. Please withdraw all BSV by May 31st, 2019,” Kraken said .
💎 @CryptoLand
✅ Feds just seized part of Bitfinex’s ‘missing’ $850 million, first arrest made
🔰 An HSBC account directly connects Bitfinex to bank fraud case | Part of Bitfinex’s “missing” $850 million is now in the hands of the U.S. Department of Justice. Meanwhile, a controversial businessman was arrested for falsely setting up accounts that let exchanges skirt bank rules and the law. Funds seized by the feds from an HSBC Bank account were allegedly used to commit bank fraud by secretly transferring U.S. dollars to and from customers of crypto exchanges.
💎 @CryptoLandNetwork
🔰 An HSBC account directly connects Bitfinex to bank fraud case | Part of Bitfinex’s “missing” $850 million is now in the hands of the U.S. Department of Justice. Meanwhile, a controversial businessman was arrested for falsely setting up accounts that let exchanges skirt bank rules and the law. Funds seized by the feds from an HSBC Bank account were allegedly used to commit bank fraud by secretly transferring U.S. dollars to and from customers of crypto exchanges.
💎 @CryptoLandNetwork
✅ Coinbase Adds Support for Dogecoin on Coinbase Wallet
🔰 The leading cryptocurrency platform Coinbase has added support for Dogecoin on their wallet. Announcing the support today, Coinbase said users can store their digital assets directly on the Coinbase Wallet app. The service is immediately available to both iOS and Android users with the Coinbase wallet app. More assets are to be added as time goes on and as Coinbase users recommend, as most supported digital assets were added based on users’ recommendations
💎 @CryptoLandNetwork
🔰 The leading cryptocurrency platform Coinbase has added support for Dogecoin on their wallet. Announcing the support today, Coinbase said users can store their digital assets directly on the Coinbase Wallet app. The service is immediately available to both iOS and Android users with the Coinbase wallet app. More assets are to be added as time goes on and as Coinbase users recommend, as most supported digital assets were added based on users’ recommendations
💎 @CryptoLandNetwork
✅ Binance's Compliance Drive Continues With New Elliptic Partnership
🔰 Binance has partnered with blockchain analytics startup Elliptic to combat money laundering as it continues to expand. Elliptic’s software helps identify potential transactions linked to illicit activities such as money laundering and terrorist financing, and is claimed to have monitored risks for transactions worth “several trillion dollars.” Samuel Lim, head of compliance at Binance, said: “Compliance is always a quest, you are always on a journey to improve your compliance.”
💎 @CryptoLandNetwork
🔰 Binance has partnered with blockchain analytics startup Elliptic to combat money laundering as it continues to expand. Elliptic’s software helps identify potential transactions linked to illicit activities such as money laundering and terrorist financing, and is claimed to have monitored risks for transactions worth “several trillion dollars.” Samuel Lim, head of compliance at Binance, said: “Compliance is always a quest, you are always on a journey to improve your compliance.”
💎 @CryptoLandNetwork
✅ Bitcoin Price Near $5,800 Records a New 2019 ATH
🔰 The bitcoin price has increased from $5,543 to $5,790 on Coin Market Cap, surpassing a 2019 high at $5,594. Another thing to note is that Bitcoin maintained to reach the legendary market cap value of $100 billion. According to Peter Brandt, a technical indicator called the Factor’s benchmark weekly moving average (MA) has formed a similar structure it showed in 2015. “The last time Factor’s benchmark weekly MA was in the current profile of turning from down to up was in Nov 2015 just as $BTC began its move from $340 to $19,800,”
💎 @CryptoLandNetwork
🔰 The bitcoin price has increased from $5,543 to $5,790 on Coin Market Cap, surpassing a 2019 high at $5,594. Another thing to note is that Bitcoin maintained to reach the legendary market cap value of $100 billion. According to Peter Brandt, a technical indicator called the Factor’s benchmark weekly moving average (MA) has formed a similar structure it showed in 2015. “The last time Factor’s benchmark weekly MA was in the current profile of turning from down to up was in Nov 2015 just as $BTC began its move from $340 to $19,800,”
💎 @CryptoLandNetwork
✅ Qtum Confirms Google Cloud Features Rollout to Improve User Accessibility
🔰 The debut follows a software partnership between the companies and aims to allow easier leveraging of Qtum’s platform. Qtum, has released a suite of developer tools on Google Cloud, which executives hope will further uptake. “Google Cloud is the perfect partner to help us make the blockchain ecosystem simpler and more intuitive. Where launching a node was once an intensive and complex process, Qtum’s new developer suite introduces helpful shortcuts and tools to make it faster and easier,” Qtum’s CIO, Miguel Palencia.
💎 @CryptoLandNetwork
🔰 The debut follows a software partnership between the companies and aims to allow easier leveraging of Qtum’s platform. Qtum, has released a suite of developer tools on Google Cloud, which executives hope will further uptake. “Google Cloud is the perfect partner to help us make the blockchain ecosystem simpler and more intuitive. Where launching a node was once an intensive and complex process, Qtum’s new developer suite introduces helpful shortcuts and tools to make it faster and easier,” Qtum’s CIO, Miguel Palencia.
💎 @CryptoLandNetwork
✅ Crypto Invades the Nasdaq as Institutional Adoption Ramps Up
🔰 The Nasdaq has shown a growing affinity for bitcoin. That relationship has just gone to the next level with knowledge that CNBC Africa’s Crypto Trader will begin broadcasting from CNBC STUDIO at the NASDAQ MARKET SITE in NEW YORK CITY. Ran NeuNer, the host of the show, tweeted that the next season will launch from Times Square on May 9. The Nasdaq studio is in the middle of all the action and could be visible to the tons of people passing by on their way to and from work, not to mention tourists.
💎 @CryptoLandNetwork
🔰 The Nasdaq has shown a growing affinity for bitcoin. That relationship has just gone to the next level with knowledge that CNBC Africa’s Crypto Trader will begin broadcasting from CNBC STUDIO at the NASDAQ MARKET SITE in NEW YORK CITY. Ran NeuNer, the host of the show, tweeted that the next season will launch from Times Square on May 9. The Nasdaq studio is in the middle of all the action and could be visible to the tons of people passing by on their way to and from work, not to mention tourists.
💎 @CryptoLandNetwork
✅ Binance, OKEx and KuCoin Are Using IEOs to Command the Spotlight
🔰 So far, initial exchange offerings (IEOs) – where a cryptocurrency exchange offers a direct listing and launch campaign for a new startup token – are the hottest token fundraising trend of 2019. Exchanges are looking to compete with ethereum, which has been primarily used thus far for creating new assets. Some exchanges declined to list their tokens unless their startups paid hefty fees. Now global competitors such as Binance, Bittrex, KuCoin and OKEx all offer IEOs, although their formats vary.
💎 @CryptoLand
🔰 So far, initial exchange offerings (IEOs) – where a cryptocurrency exchange offers a direct listing and launch campaign for a new startup token – are the hottest token fundraising trend of 2019. Exchanges are looking to compete with ethereum, which has been primarily used thus far for creating new assets. Some exchanges declined to list their tokens unless their startups paid hefty fees. Now global competitors such as Binance, Bittrex, KuCoin and OKEx all offer IEOs, although their formats vary.
💎 @CryptoLand
✅ Bitcoin Will Be Over $10K By 2020 Halving, Model Shows
🔰 Despite a slight dip, Bitcoin price is still expected to surpass $10,000 by the next block halving, according to Stock-to-Flow models. A correlation between bitcoin reward halving and the price of bitcoin, mapped by year and counting down until the next halvening event that will occur May 2020. The Stock-to-flow macroeconomic mode displays a price uptrend. Notably, as the halvening is expected to reduce sell pressure on the supply side. A lack of interest from sellers could help the price climb upwards from its current levels
💎 @CryptoLandNetwork
🔰 Despite a slight dip, Bitcoin price is still expected to surpass $10,000 by the next block halving, according to Stock-to-Flow models. A correlation between bitcoin reward halving and the price of bitcoin, mapped by year and counting down until the next halvening event that will occur May 2020. The Stock-to-flow macroeconomic mode displays a price uptrend. Notably, as the halvening is expected to reduce sell pressure on the supply side. A lack of interest from sellers could help the price climb upwards from its current levels
💎 @CryptoLandNetwork
✅ Myanmar Central Bank Warns Against Cryptocurrency Trading
🔰 Myanmar’s apex bank is sounding a note of warning to citizens against the dangers of trading with cryptocurrency. The Central Bank of Myanmar has sternly warned its citizens about the dangers of trading with Bitcoin and other altcoins. The concern from the apex bank stems from the fear that beginner traders new to cryptocurrency could easily fall prey to scams. Presently, Myanmar has no legal framework in place to regulate the virtual currency sector. Also, the country’s central bank does not permit the use and trading of virtual currencie.
💎 @CryptoLandNetwork
🔰 Myanmar’s apex bank is sounding a note of warning to citizens against the dangers of trading with cryptocurrency. The Central Bank of Myanmar has sternly warned its citizens about the dangers of trading with Bitcoin and other altcoins. The concern from the apex bank stems from the fear that beginner traders new to cryptocurrency could easily fall prey to scams. Presently, Myanmar has no legal framework in place to regulate the virtual currency sector. Also, the country’s central bank does not permit the use and trading of virtual currencie.
💎 @CryptoLandNetwork
✅ The Current State of Crypto
🔰 The rumor was bought and the news widely sold among businesses in the crypto industry this past week. This was exhibited in a number of scenarios, including the launch of BitTorrent Token (BTT), the mainnet launch of Zilliqa, and Holochain’s HoloToken massive buying surge, subsequent fall, and ongoing recovery. Both Fidelity and the CBOE’s VanEck ETF turned heads with bullish news. Canadian crypto exchange lost access to it's cold storage and another stablecoin called Wrapped Bitcoin (WBTC) launched.
💎 @CryptoLand
🔰 The rumor was bought and the news widely sold among businesses in the crypto industry this past week. This was exhibited in a number of scenarios, including the launch of BitTorrent Token (BTT), the mainnet launch of Zilliqa, and Holochain’s HoloToken massive buying surge, subsequent fall, and ongoing recovery. Both Fidelity and the CBOE’s VanEck ETF turned heads with bullish news. Canadian crypto exchange lost access to it's cold storage and another stablecoin called Wrapped Bitcoin (WBTC) launched.
💎 @CryptoLand
✅ DApp Platforms Growth Rate over Past 8 Weeks @dapp_review:
#TRON: 167 new DApps - 68% growth
#ETH: 122 new DApps - 7% growth
#EOS: 81 new DApps - 18% growth
Reasons why DApps are growing fastest on #TRX:
👨🏽💻 Ease & lowest cost for developers
📈 Speed & scalability
👥 User growth
💎 @CryptoLandNetwork
#TRON: 167 new DApps - 68% growth
#ETH: 122 new DApps - 7% growth
#EOS: 81 new DApps - 18% growth
Reasons why DApps are growing fastest on #TRX:
👨🏽💻 Ease & lowest cost for developers
📈 Speed & scalability
👥 User growth
💎 @CryptoLandNetwork
✅ Turkey: The Country Where Crypto Exchanges Are Beating the Bear Market
🔰 With the Turkish lira dropping to a six-month low against the dollar last week, bitcoin is continuing to pick up even more traction in Istanbul. Andy Cheung, head of operations at the global crypto exchange OKEx, said that over 30,000 Turkish users signed up for the platform since it expanded services to Turkey on March 26. “Turkey is without a doubt the only country that boasts of a high percentage of independent crypto-ownership in Europe and the Middle East,” Cheung said.
💎 @CryptoLandNetwork
🔰 With the Turkish lira dropping to a six-month low against the dollar last week, bitcoin is continuing to pick up even more traction in Istanbul. Andy Cheung, head of operations at the global crypto exchange OKEx, said that over 30,000 Turkish users signed up for the platform since it expanded services to Turkey on March 26. “Turkey is without a doubt the only country that boasts of a high percentage of independent crypto-ownership in Europe and the Middle East,” Cheung said.
💎 @CryptoLandNetwork
✅ Twitter and Google Trends Interest Precedes Cryptocurrency Price, Study Finds
🔰 Researchers gathered data on Twitter mentioning Bitcoin and Ethereum; the same was done using Google trends. Building on the ideas of previous research, the hypothesis was that the number of tweets and their sentiment can influence prices. In the study, it was uncovered that the number of tweets and Google searches changes first before prices do, For the Google trends data, the report found that the price was highly correlated with searches for the keyword Bitcoin #BTC and Ethereum #ETH .
💎 @CryptoLandNetwork
🔰 Researchers gathered data on Twitter mentioning Bitcoin and Ethereum; the same was done using Google trends. Building on the ideas of previous research, the hypothesis was that the number of tweets and their sentiment can influence prices. In the study, it was uncovered that the number of tweets and Google searches changes first before prices do, For the Google trends data, the report found that the price was highly correlated with searches for the keyword Bitcoin #BTC and Ethereum #ETH .
💎 @CryptoLandNetwork
✅ Breaking: Fidelity Will Start Institutional Bitcoin Trading Within Weeks
🔰 Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and sell the world’s most popular digital asset for institutional customers within a few weeks. The Boston-based firm, one of the largest asset managers in the world, created Fidelity Digital Assets in October and also puts Fidelity a step ahead of its top competitors that have mostly stayed on the sidelines so far. The firm said it would offer over-the-counter trade execution and order routing for Bitcoin early this year.
💎 @CryptoLandNetwork
🔰 Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and sell the world’s most popular digital asset for institutional customers within a few weeks. The Boston-based firm, one of the largest asset managers in the world, created Fidelity Digital Assets in October and also puts Fidelity a step ahead of its top competitors that have mostly stayed on the sidelines so far. The firm said it would offer over-the-counter trade execution and order routing for Bitcoin early this year.
💎 @CryptoLandNetwork
✅ Crypto VC Firm: Everything Except BTC Will Die-off'
🔰 Heisenberg Capital, a cryptocurrency-focused venture capital firm, has recently claimed on social media it believes that “everything except BTC will die-off,” Via the popular microblogging platform Twitter, Heisenberg Capital claimed it is going to be “doubling down on Bitcoin Maximalism with new capital,” and reaffirmed a $100,000 bitcoin price prediction made in 2011. It belief’s the market will eventually start “rejecting everything, except BTC.
💎 @CryptoLandNetwork
🔰 Heisenberg Capital, a cryptocurrency-focused venture capital firm, has recently claimed on social media it believes that “everything except BTC will die-off,” Via the popular microblogging platform Twitter, Heisenberg Capital claimed it is going to be “doubling down on Bitcoin Maximalism with new capital,” and reaffirmed a $100,000 bitcoin price prediction made in 2011. It belief’s the market will eventually start “rejecting everything, except BTC.
💎 @CryptoLandNetwork
✅ Edge Wallet users in the EU can now sell bitcoin direct to credit card
🔰 Edge, a bitcoin and cryptocurrency wallet app, has announced today that its European users can now sell bitcoin directly to their Visa credit card through its exchange partner, Simplex. The partnership for this feature was first announced last month, and is now live. The new functionality is initially available in a beta release of Edge, for EU Visa cardholders, that users can sign up for now. Simplex intends to expand this service to more users in more regions and more assets in the not too distant future.
💎 @CryptoLandNetwork
🔰 Edge, a bitcoin and cryptocurrency wallet app, has announced today that its European users can now sell bitcoin directly to their Visa credit card through its exchange partner, Simplex. The partnership for this feature was first announced last month, and is now live. The new functionality is initially available in a beta release of Edge, for EU Visa cardholders, that users can sign up for now. Simplex intends to expand this service to more users in more regions and more assets in the not too distant future.
💎 @CryptoLandNetwork
✅ One Address Accounts for Over 50% of $BCH Transactions
🔰 A well known crypto user on Twitter @IamNomad is tweeting that a single address is responsible for more than 50% of Bitcoin Cash (BCH) transactions in the past month. The amounts being transacted are fractional, and are made in intervals of a few seconds. The address in question has made nearly 600,000 transactions in the past month. This accounts for over half of the nearly 1.2 million transactions that have been registered on the blockchain.
💎 @CryptoLandNetwork
🔰 A well known crypto user on Twitter @IamNomad is tweeting that a single address is responsible for more than 50% of Bitcoin Cash (BCH) transactions in the past month. The amounts being transacted are fractional, and are made in intervals of a few seconds. The address in question has made nearly 600,000 transactions in the past month. This accounts for over half of the nearly 1.2 million transactions that have been registered on the blockchain.
💎 @CryptoLandNetwork
✅ Ethereum 2.0 Testnet Release Goes Live
🔰 Blockchain startup Prysmatic Labs launched testnet for Ethereum 2.0 based on Casper protocol with staking support. The developers implemented the fourth version of the mainnet specifications for the beacon chain provided by Ethereum Research team.“Ethereum 2.0 is a multi-year effort to create a fully decentralized, permissionless platform for programmable cryptocurrency. It aims to be a full upgrade to the current Ethereum Proof of Work blockchain and provide a significant increase in security, scalability, and decentralization”.
💎 @CryptoLandNetwork
🔰 Blockchain startup Prysmatic Labs launched testnet for Ethereum 2.0 based on Casper protocol with staking support. The developers implemented the fourth version of the mainnet specifications for the beacon chain provided by Ethereum Research team.“Ethereum 2.0 is a multi-year effort to create a fully decentralized, permissionless platform for programmable cryptocurrency. It aims to be a full upgrade to the current Ethereum Proof of Work blockchain and provide a significant increase in security, scalability, and decentralization”.
💎 @CryptoLandNetwork
🔥 Tron’s New Sun Network Going Live This Week Promises ‘Unlimited Capacity’
▪️ Blockchain platform Tron’s founder, Justin Sun, announced that the first version of the Tron (TRX) scalability solution called “Sun Network” will be released on Aug. 10, in a tweet published on Aug. 4.
100x scalability for the Tron blockchain
In his tweet, Sun claimed that the first version of the network will allow for 100x scalability and the building of decentralized applications on sidechains.
According to the Sun Network’s official website — to which Sun’s tweet linked — the new sidechain system will feature free transactions, 100 times lower fees, decentralized application (DApp) support and faster transaction confirmation.
Furthermore, the Sun Network will also allegedly allow for longer smart contract execution times, and interchain withdrawals and deposits. According to another section of the aforementioned website:
“Sun Network is also designed to provide unlimited capacity for TRON main network to support the growing number of transactions.”
As Cointelegraph reported at the end of July, in its latest rankings, the Chinese CCID Research Institute put Bitcoin (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, while placing Tron third.
In April, blockchain development company Lightning Labs announced that it released the first alpha version of its version of the Lightning Network scalability solution for the main Bitcoin (BTC) network.
💎 @CryptolandNetwork
▪️ Blockchain platform Tron’s founder, Justin Sun, announced that the first version of the Tron (TRX) scalability solution called “Sun Network” will be released on Aug. 10, in a tweet published on Aug. 4.
100x scalability for the Tron blockchain
In his tweet, Sun claimed that the first version of the network will allow for 100x scalability and the building of decentralized applications on sidechains.
According to the Sun Network’s official website — to which Sun’s tweet linked — the new sidechain system will feature free transactions, 100 times lower fees, decentralized application (DApp) support and faster transaction confirmation.
Furthermore, the Sun Network will also allegedly allow for longer smart contract execution times, and interchain withdrawals and deposits. According to another section of the aforementioned website:
“Sun Network is also designed to provide unlimited capacity for TRON main network to support the growing number of transactions.”
As Cointelegraph reported at the end of July, in its latest rankings, the Chinese CCID Research Institute put Bitcoin (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, while placing Tron third.
In April, blockchain development company Lightning Labs announced that it released the first alpha version of its version of the Lightning Network scalability solution for the main Bitcoin (BTC) network.
💎 @CryptolandNetwork
