Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
EOS
Block.one: The Leader in High-performance Blockchain Solutions
Block.one is the software publishing company behind the creation of EOS, and EOS VC, a venture capital firm focused on contributing early-stage capital to future blockchain tech development. The startup maintains that its two primary products are the VC arm and cryptocurrency but specifies that it is working to provide the most powerful infrastructure for decentralized applications available. The block.one team provides “end-to-end solutions” to bring corporations, investors, and institutions onto the blockchain via various services. Here is a beginner’s guide…
5 years ago
Indicators Reveal that Bitcoin and Other Cryptos may Uptrend
In the previous few days, Bitcoin and the entire cryptocurrency market performed well. Bitcoin attained a level of $7.2k, which is about a hundred percent from the approximately $3.8k bottom, established on the 13th of March. Even though there is a minimal upsurge, Bitcoin is trading at $6.8k, just below the levels observed before a crash. It seems impressive since it recovered in three weeks, and there is still a potential uptrend. In recent times, Bitcoin’s push over a main…
5 years ago
Brendan Blumer, Block.one Co-Founder, against the New EOS Worker Proposal System
Recently, the EOS nation and Attic club block producers proposed a Worker Proposal System (WPS) for the EOS delegated Proof-of-Stake blockchain. The scheme would enable individuals to suggest how the EOS blockchain opt to operate. To send a proposal, a user must transfer a non-refundable amount of 100 EOS to support the WPS mechanism’s operations. The user has to make 50000 EOS available for 60 days, and currently, the smart contract for this proposal is ready for testing. Eventually, all…
5 years ago
Block.One CEO Disputes’ Bitcoin is Money’ Claims on Social Media
Several perspectives on the role of Bitcoin continue to render many at loggerheads. The joint founder and CEO of Block.One, Brendan Blumer, expressed his thoughts concerning Bitcoin on Twitter. Blummer said the world's largest cryptocurrency is not money and is in no way ever going to be. Responding to a tweet written by Peter Schiff, he added that Bitcoin is the immediate gold generation. He continued to say the purpose of the cryptocurrency is not to get used as everyday…
5 years ago
Bitcoin Scores The A- grade in New Weiss Ratings’ Report
Weiss Ratings has assigned Bitcoin (BTC) an A- grade in its recent rankings. The crypto also received an “excellent” rating based on its remarkable price performance. The firm published its ratings via Twitter on February 7. In March of last year, Weiss Ratings identified BTC, XRP, and EOS as the cryptocurrencies having the best adoption-technology combination. The new rating gives BTC the edge over XRP and EOS in all parameters. EOS's rating is a downgrade due to its centralization issues.…
5 years ago
Bitcoin climbs above $8,000 and altcoins follow the trend
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary • The Crypto Market ends the week at a total market capitalization of $214 billion • Bitcoin price responds to international conflicts and breaks past the $8,000 mark • Ethereum finally goes above the $130 barrier and sets sights on the $150 stopover • Ripple joins the market renaissance and bullishly climbs above the $0.20 mark • The conflict between the United States and Iran escalates, which increases…
5 years ago
Gambling Contribution to DApp Growth In 2019
On the 30th of December 2019, Messari Crypto took to its Twitter account to acknowledge gambling’s contribution to dApps growth. Additionally, Ryan Selkis looked into the development and concluded that gambling is the best for the cryptocurrency domain. TRON platform accommodates a significant number of gambling dApps and does play a part in the growth. WINK(WIN) was also among the best because of the distribution of its tokens in an IEO through Binance. The use of tokens in gambling brings…
5 years ago
BCH/USD Surges As Price Of Other Cryptocurrency Pairs Drop
Recently, the aggregate cryptocurrency market is maintaining significant support. Major cryptocurrencies, including ETH, TRX, XLM, EOS, XLP, LTC, and BCH, are having a hard time increasing in price. BCH/USD, on the other hand, is surging following a move to $170. Its price increased to over $180, and as we speak, it is into consolidation close to $185. The upside shows two critical resistances close to $192 and $195; a move over them may take the price towards $ 215. The…
5 years ago
Analyzing the Upsurge and Decline of Bitcoin’s Price This December
On the 19th of December, Bitcoin recorded a 14% surge. At the beginning of the third week of December, the bitcoin price dropped by 8.5% from $7100. It then declined to $6500, and as analysts looked forward to further decline, BTC eventually surged a whopping 14% to attain $7450. The 14% surge is the largest since the rise of Bitcoin, influenced by China in late October 2019. Bullish sentiments do not characterize Bitcoin markets; analysts suggest a short-term decline of…
5 years ago