6/05 ANDY HOFFMAN (CryptoGoldCentral.com): Perfect Storm Of Bullish Bitcoin Rhodium News Coming Soon
As I wrote this morning, June 14th may well be “D-Day” for many altcoins – with those on exchanges who comply with CMC’s DATA alliance rules, benefitting…and those whose exchanges do not, being potentially significantly harmed.
Since none of the five exchanges Bitcoin Rhodium is listed on CURRENTLY is DATA compliant – thus, not enabling it to have a CMC market cap ranking – XRC has no downside potential June 14th…but HUGE upside potential if p2pb2b or any of its other exchange listings comply. Which, I might add, includes the WhiteBit exchange that announced earlier this week it will shortly be listing XRC.
And as I noted this morning, I believe strongly that p2p’s recent maintenance is related directly to DATA compliance – so it may well be, that even without new listings, XRC is immediately elevated to the “altcoin big leagues” by its current exchanges. Then again, as I have also noted, the XRC devs have made it crystal clear that listing on major, CMC-endorsed exchanges has been its TOP PRIORITY since learning last week, for the first time, that this is necessary to enable its CMC circulating supply to be updated (thus, creating a market cap ranking).
Secondly, we are not three months from the last Trezor firmware update – and thus, due any day for the next one…on which, Bitcoin Rhodium WILL be incorporated. This will be a MAJOR coup regarding investor confidence – and FYI, of the 1,064 cryptocurrencies, supported by Trezor, a whopping 1,020 are ERC-20 tokens via the MyEther wallet. Thus, XRC will be one of just 44 actual cryptos supported by Trezor.
And finally, we are just a month from the next Strong Hands snapshot date, July 7th. Normally, such snapshots are on the first day of each quarter – but this time, a one-week grace period will be enabled this quarter, from the 1st to 7th, to enable movements between XRC wallets. The reason being, that the devs were planning ahead for Trezor, which presumably will have issued the firmware update by then.
Irrespective, those buying XRC before the July 7th snapshot will be eligible for the third quarter Strong Hands dividend reward. Last quarter, it yielded 5.7% on an annual basis – and shortly, we’ll learn what the second quarter yield was.
So, if ever there was a perfect positive storm of news flow building for a cryptocurrency, it is Bitcoin Rhodium…NOW!
Bitcoin Rhodium currently trades on p2pbp2.io, Trade Satoshi, Fat BTC, Sistemkoin and Bisq. If you have questions about anything XRC-related, including OTC trading, please email me at [email protected], or DM/PM me on Twitter or Discord.