Headlines for the world of Cryptocurrencies - April 09, 2019

in #blockchain5 years ago (edited)

Tron To Collaborate With Ethereum In 2019

In a recent podcast interview the founder of TRON, Justin Sun has recently revealed that he thinks that the TRON ecosystem will officially collaborate with Ethereum this year.

He states that in the future TRON will collaborate with many of Ethereum developers and enterprises that were built on the Ethereum platform.

Sun seems to be responding to Ethereum co-founder Vitalik Buterin which has recently stated that competition brings better product.

Tron (TRX) started as an ERC20 token in the Ethereum network then migrated to its own blockchain and has since then seen exponential growth becoming one of the leaders of dApps platforms together with EOS and Ethereum.

Sun and his team is planning to make the platform even better by introducing a second layer scaling solution that will increase the transaction speed of Tron by 100x, this comes after news of Tron partnering with Tethe (USDT) to offer cheaper and faster transaction.

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Bitcon Adoption Is Increasing In Slovenia And Croatia

It has been reported that the adoption of cryptocurrencies in Eastern and Central Europe is increasing with Croatia and Slovenia leading the pact in the region.

Many merchants in the region are now integrating with crypto-centric payments applications in their operations with many of them enabling customers to pay with other cryptocurrencies other than Bitcoin.

One of the leaders in crypto payments application in the region is Elipay offered by Eligma supporting several cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and their native token ELI.

The service started out in Slovenia integrating its payments system with Bitcoin City, a 450,000 meter-squared commercial shopping complex in the capital of Slovenia.

Due to the success of its operation in Slovenia it is now planning to expand into Croatia with the CEO of Eligma, Dejan Roljic, confirming that his company has recently been granted permission to operate on Croatia’s jurisdiction.

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Famous eToro Bitcoin Trader Sees New Buying Crypto Cycle

Unlike most crypto traders, famous etoro trader Jay Smith is not really bothered that he is not a crypto millionaire anymore.

He firmly believes that the cryptocurrency is a long-term game and is a bet on what humanity’s future will look like.

Jaynemesis, the username of Smith in eToro has around 4,139 copy traders following him with aggregated funds of around 5 million GBP or 6.5 million USD.

In an interview with BBC World Service’s Business daily program he states that there is a new-found resilience of the market build up through previous bear markets.

However he warns new cryptocurrency traders from the common mistake of FOMO-ing in cryptocurrencies and end up buying the top or investing more than what they can really afford to lose.

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Bitcoin, Bubble or Not There Has Not Been A Bubble That Popped Twice

According to the host of crypto trader on CNBC, even if Bitcoin was a bubble last year, he claimed that he has not seen a bubble pop twice.

He adds that he could not bring himself to respect any publication that still thinks Bitcoin is a bubble due to the fact that Bitcoin does not have the characteristics of previous bubbles.

He also stated that first the talk of cryptocurrency collapse is a thing of the past as it is not only here to stay but everyone knows this by now.

Second CNBC would be smarter in their selection of guest and articles seemingly reacting to a post on CNBC.

His not alone in these sentiments, cryptocurrency market writer and expert, Joseph Young, stated that Bitcoin has already experience worse than the dot com bubble twice and survived which suggest that the latest market crash is just part of its cycle.

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Crypto Trend: Staking

Staking is a new hot trend in the crypto space as an alternative strategy to continue making gains in what many describes as the longest bear market in the crypto space.

Staking enables holders of some cryptocurrencies to participate in validating transactions in a blockchain, these tokens uses proof-of-stake algorithm which is said to be a more energy efficient way of validating transaction compared to energy consuming proof-of-work.

Crypto holders who are taking their coins are then rewarded with a certain amount of cryptocurrencies depending on the amount of crypto they staked, the more they stake the more opportunities they will be given to validate transactions and be rewarded.

While staking gives alternative strategy for investors for continuous gains despite market downturns it also exposes many investors to other risk that they might not know about.

These risks include the threat from hacking and higher risk of exposure of your private data.

Staking requires computers to be online all the time, this makes them prime targets from hackers, this holds true even more to crypto pools; other staking coins has two cryptocurrency system which exposes users to even more risk.

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Headlines for the world of Cryptocurrencies - April 08, 2019

Co-Founder Of Ethereum Calling On South Korea To Deregulate Crypto And Embrace Crypto / G20 Will Discuss Cryptocurrency Regulations In June This Year / Italy Sees Blockchain And Crypto Reinforcing Tourism In Its Country / Bitcoin Futures Volume In CME Group Hits New Record / Tron Post Impressive Growth Less than A Year Migrating To Its Own Mainnet

Headlines for the world of Cryptocurrencies - April 07, 2019

Binance To Launch Staking Feature For Tezos / Indicator Signaling For A 200% Price Surge For Bitcoin / Indicator Signaling For A 200% Price Surge For Bitcoin / Central Banks Looking Into Cryptos To Replace Cash

Headlines for the world of Cryptocurrencies - April 06, 2019

Bitcoin Search Request Tripled During Recent Price Surge / Nordic Growth Market Exchange Added Two Crypto ETPs / A surge In New Bitcoin Wallets Amidst Market Bullish Trend / Bitcoin To Become The Leading Payment System In Ten Years According To Study / CryptoTrader.Tax Partners With TurboTax

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