Showing posts with label freecryptosignals. Show all posts
Showing posts with label freecryptosignals. Show all posts

Tuesday, April 28, 2020

##Cryptocurrency Exchange FXcoin Launching XRP Remittance Pilot in Japan



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The Tokyo-based crypto exchange FXcoin is gearing up to launch a remittance pilot based on the crypto asset XRP.


Japan’s Financial Services Agency gave the company permission to offer trading services in December of last year, and FXcoin says it’s accepting new accounts as of April 23rd.



Along with Bitcoin (BTC), the exchange says it plans to add additional cryptocurrencies to its trading platform in the coming months. It’s also looking to create new products designed to bring more utility to the world of cryptocurrency.



One of its first test pilots is a domestic and international remittance product that uses XRP to power transactions. FXcoin senior strategist Yasuo Matsuda tells Cointelegraph Japan that it’s the first in a set of crypto-based initiatives in the world of finance.



“We will proceed with the demonstration experiment of domestic remittance and overseas remittance through XRP, and finally, global cash management, corporate finance and trade. We would like to expand the range of applications to fields such as finance.”


The company has not revealed whether it plans to utilize Ripple’s XRP-based cross-border product ODL.



As for its spot trading service, the company says it plays to officially launch Bitcoin trading in May






Friday, December 20, 2019

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Thursday, November 28, 2019

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Thursday, November 21, 2019

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Sunday, November 3, 2019

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Monday, October 14, 2019

##Binance Coin (BNB) Utility Gets Wider Reach in Australia


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Binance (BNB), the eighth largest digital currency by market capitalization, is beginning to serve the immediate needs of people as much as legal tenders can do. A recent hint by a Twitter user, Caleb Tbb, infers that BNB can now be used for flight booking in Australia.

More attention was attached to the update when Binance CEO Changpeng Zhao who was tagged in the update also commented on the development.

Binance (BNB) and Blockchain Gaining Ground in Australia
Caleb Tbb mentioned that he paid for his flight to Canberra with Binance Coin BNB. A  noteworthy achievement for the digital token which got the response “Utility” from the CEO of the company.

Caleb Tbb said he made the booking to attend a government-supported Blockchain Roadmap Meetup in Australia. This is yet another amazing development that shows that government of the country is supporting blockchain technology and the new industry is gradually overcoming its challenges against all odds.

He said: “Booked my flight to Canberra with BNB on travelbybit.com to attend the National Blockchain Roadmap Meetup. It’s amazing to see the government supporting the development of blockchain technology in Australia”

Caleb ended his statement by urging every blockchain lover to join hands in the building of blockchain technology as well in the adoption of the technology.

CZ afterwards replied with the word “utility”. This obviously means that the use cases of BNB have set it apart from others.

Sunday, March 24, 2019

Find the List of 37 Altcoins that have outperformed Bitcoin in 2019




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The first quarter of the year is almost over and with it, most publicly traded companies are allowing their investors to peek into their numbers. Similarly, it is a great moment to pause and look back at how the main success cases in cryptocurrencies been performing over the last 3 months, with Bitcoin as a reference benchmark to measure their growth. So, these are the 37 altcoins that have outperformed Bitcoin in 2019

Market cap over $100 million


Below this capitalization range, there are plenty of cryptocurrencies which have performed better than Bitcoin over the last 90 days. However, for the sake of focusing on more established projects, the $100 million range will act as a starting cutting point.

In this group, there are 36 cryptos which have performed better than Bitcoin in 2019, which at writing time sits at around $4,070, up about 6% from its early January levels around $3,840.

Outperforming Bitcoin by 6 to 10%

The first crypto by market cap has been performing much like a group of tokens composed by Nano, Bytecoin, OmiseGO, Decred or Lisk, all of which have increased their market caps in between 6 and 10%. 








Some projects benefited from recent positive news, for example, Nano´s set of tipping features that gives coverage to different social media platforms such as Reddit, Twitter, Discord or Twitch.

Read more: Nano launches exhaustive social media tipping features

However, in some other cases in this group, their satisfactory performance is harder to explain. That is what happens with Bytecoin, which despite being delisted from Binance and OKEx consecutively at the end of last year, has managed to keep up very well with Bitcoin´s pace. 

Outperforming Bitcoin by 10 to 20%

In the next group of coins, there are projects which have outperformed Bitcoin from more than 10% and less than 20%. Aeternity, NEO, TRON, Monero, Dash and Qtum are the components of this pack. 

Perhaps the most talked about coin in the last months from those mentioned above has been TRON. The project led by the perennial announcement man Justin Sun has had a clear protagonist in 2019 thanks to its association with the BitTorrent token (BTT), the first project to be offered via the Binance Launchpad.

Another of TRON´s main advances during 2019 has taken place in the field of decentralized applications. Here, the hegemony previously held by Ethereum is being clearly disputed by other projects.

Read more: Tron is first in terms of both total dApp users and active dApp users

NEO is the other highlighted member of this group. So far, in 2019 it has excelled in attracting new developers and dapps. The hype surrounding the NEO 3.0 update, which will provide great scalability improvements, might also be behind its good price behavior.

Read more: What's going on with NEO in 2019?

Outperforming Bitcoin by 20 to 60%







Things start to speed up as we get closer to the top of the classification of tokens which have outperformed Bitcoin in 2019. There are 12 coins with a current market cap over $100 million that have fared better than Bitcoin by a 20 to 60%, namely Chainlink, Maker, Basic Attention Token, Pundi X, EOS, ICON, VeChain, Bytom, Komodo, Tezos, BitShares, Cardano, and DigiByte.

And in this group, there is one clear king, at least when it comes to being well known. EOS, which has outperformed Bitcoin by more than 40% so far, has benefited from similar factors to those playing in favor of TRON. The broken hegemony of Ethereum in the dapps sector has opened up new opportunities which are being grabbed as they pop.

Friday, February 22, 2019

Is Bitcoin at $1 million really Possible?

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The $1 million per Bitcoin forecast looks like an extremely unreasonable price to be assigned to one single Bitcoin, especially in a time where Bitcoin is struggling. However, if you take a look at current and past data, you might see why so many cryptocurrency experts are seemingly convinced that it is actually possible for BTC to reach the ellusive million dollar mark. Is Bitcoin at $1 million really possible?



Before you go ahead and dismiss the outrageous amount of $1 million per Bitcoin, you have to remember that Bitcoin ever since its inception has continued to proof the largest of skeptics wrong.

In the beginning of 2011, it seemed impossible for Bitcoin to ever reach the value of even one single dollar. However, throughout the years Bitcoin has shown impressive resilience, having survived multiple painful bear markets. Every time Bitcoin came back with a vengeance reaching new all-time-highs.



Whether it was $100, $1000, $10,000 and eventually $19,783, each and one of those prices were considered to be an impossible milestone at some point in the past, and Bitcoin smashed them all anyway.



Many leading cryptocurrency experts believe Bitcoin is on its way to absolute world domination.

'Bitcoin at $1 million is still on'
One of those is the colorful cryptocurrency fanatic John McAfee who famously predicted that a single Bitcoin would be worth a massive $1,000,000 by the end of 2020.



The relentless ongoing crypto winter clearly didn't have any influence on McAfee's prediction. In September 2018, he reaffirmed his prediction that Bitcoin will hit $1 million by the end of 2020.

'I think it is impossible to be anything less than that. The bet is still on', McAfee repeated.









However, for Bitcoin to be on track with McAfee's prediction, BTC should be at around $32,500 around this time, at the start of 2019, and break the $100,000 barrier by September 2019. Bitcoin should be growing at a rate of 0.79% per day to get from $3,600 to $1,000,000.00 by the end of 2020, which doesn’t seem to be the most plausible way for the market to develop today.

On the other hand, Bitcoin has shown that kind of growth for most of its existence, so don't rule it out just yet.

Another leading crypto expert, Bobby Lee, brother of Litecoin creator Charlie Lee and co-founder of BTCC, China’s first bitcoin exchange, joins McAfee in his $1 million per Bitcoin prediction. However, Lee predicts Bitcoin will hit this number within 20 years.

'Bitcoin, I think will get to $1 million per bitcoin. It will go to 100,000 and then 200,000, 500,000', he said.

'Half a million, that’s going to be a milestone and then eventually it will cross $1 million for bitcoin.'

Wednesday, February 20, 2019

Bitcoin vs Gold: Which is a Better Long-Term Bet?


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Imagine that you have $100,000 at your disposal. You must spend all of it on either bitcoin or gold – no mixing and matching – and the assets will then be stored in a trust that cannot be accessed again for 50 years.

Which option would you choose?

With the two commodities now in roughly the same price range, it’s worth putting aside some of bitcoin’s short-term volatility and liquidity concerns to compare them as long-term stores of value side by side.

Sure, you might argue bitcoin is newer and flashier, and that it has arguably more utility in the digital era than gold. But, gold has the indisputable track record, having been a cherished store of value for thousands of years across human civilizations.

However, bitcoin’s traits have led to those backing the cryptocurrency to believe it could potentially unseat gold over the long haul.

Spencer Bogart, an analyst with Blockchain Capital and formerly of Needham & Company, told CoinDesk:

“If we think about the qualities that make gold a respected ‘money’ or store of value, bitcoin is actually superior in many regards.”

Inflation vs deflation
Another key advantage bitcoin has over gold is that its supply level is fixed and transparent – eliminating fears of the typical inflationary pressures associated with overproduction that could diminish the value of the asset.

“A well-known characteristic about bitcoin is that it’s on a disinflationary supply schedule. While many people think of gold as being the same, gold is actually a sneakily inflationary asset,” said Chris Burniske, blockchain products lead with ARK Investment Management.

Burniske added that the global supply of gold has clandestinely increased by 1–2% annually over the last century.

He continued:

“If you were to ask people what gold’s supply schedule looks like over time, they probably wouldn’t draw you something that looks like an exponential curve. With gold being sneakily inflationary, it’s not set up to preserve value in the way that bitcoin is.”

Such characteristics, in theory, serve to increase bitcoin’s future utility as a means of account, exchange and storing value.

They also suggest that bitcoin’s value, usefulness and importance to society will only continue to grow as commerce becomes more digitized.

“As more infrastructure is built around [bitcoin], we think that demand will rise relative to its mathematically metered supply, increasing its price support,” Burniske wrote in a recent white paper.

Slow and steady
The clear advantages that gold has over bitcoin are trust and reliability, according to those surveyed for this article. However, a change in consumer preferences, new technological disruption or a crackdown by a government could easily kick bitcoin to the end of the bench.

“Gold has something very important that bitcoin lacks: a more than 1,000-year history of being a decent store of value. This is very important for trust and people’s willingness to store value in that particular asset,” said Bogart.

Gold has also proven itself to be of value even when governments attempt to restrict its usage or outlaw it completely.

This happened in 1933, when President Franklin D Roosevelt implemented measures to prohibit and criminalize its possession in the US.

“For more than 5,000 years gold and silver have been tried-and-true money. They’ve lasted basically the duration of organized civilization,” said Dave Kranzler of Investment Research Dynamics.

In this light, Kranzler was keen to highlight bitcoin’s ‘counterparty risk’.

Gold’s advantage over bitcoin is that it’s not dependent on the operation of the internet, thus affording it a degree of protection from heavy-handed regimes, he said.

“There’s nothing to stop any government from shutting down the internet in their country under the guise of national security purposes or what not,” he said, adding:

“We’ve seen democracies come and go, but totalitarianism always seems to creep back in. And when that happens, the government controls everything.”

Elemental value
Gold has also proven itself immune to technological disruption.

According to Burniske, while bitcoin has generated significant cultural cachet, it remains at the bleeding edge and could still be dethroned relatively easily.

“That position is not necessarily going to remain the case if bitcoin is not able to attract new users and provide a happy medium in terms of user experience,” he said.

Yet, as asset classes like Dutch tulips, Japanese real estate, dot-com companies and the US housing market have boomed and busted, gold has consistently plodded ahead, withstanding the test of time.

“I don’t think anyone can say with any certainty that any man-made system is going to be valuable 50 years from now,” said Josh Crumb, co-founder of GoldMoney and a former commodities strategist at Goldman Sachs.

He continued:

“People forget that gold is not a pet rock or a speculative asset, it’s an element. Gold is a very low-risk store of value. Fifty years from now it’s going to still be valuable.”

While investors like Cameron and Tyler Winklevoss have suggested that technological developments as far fetched as asteroid mining could eventually put upward pressure on the total supply of gold (and reduce its scarcity), Crumb reckons that technological creative destruction poses a much greater threat to bitcoin.

“People have been trying to crack gold for 600 years. I think it’s much more likely that we’re going to have quantum computing that can change cryptography than asteroid mining that’s going to bring back loads of gold,” he said.

Complementary or substitutionary?
Perhaps asking whether bitcoin will ever unseat gold as the universal store of value isn’t quite appropriate, as it’s plausible that the two can, and will, co-exist as complementary assets.

“I like bitcoin, particularly in the short-term, so it’s kind of like saying ‘Do you like gold or do you like investing in Facebook in 2011?'” said Crumb. “To me, it’s two totally different things.”

As is standard practice across other realms of investing, the correct answer to the bitcoin versus gold question will ultimately be determined by the risk profile of each particular investor.

“In terms of proper portfolio construction, you want to diversify. You want to have different types of assets that don’t necessarily move together,” said Burniske, concluding:

“There’s always room for collaboration. It’s sensational to pit [bitcoin versus gold] as a fight to the death.”








Friday, February 8, 2019

Bitcoin ETF Will 'Eventually' Be Approved, SEC Commissioner Says

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In a soon-to-be-published interview, Securities and Exchange Commission (SEC) Commissioner Robert J. Jackson Jr. has recently revealed he expects a Bitcoin Exchange-Traded Fund (ETF) to “eventually” be approved, as a proposal is set to satisfy all of the regulator’s requirements.

According to a tweet published by Adjunct Professor at NYU Stern Drew Hinkes, Jackson believes it’s a matter of time until a Bitcoin ETF is approved. He was quoted as saying:

Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so. Getting the stamp of approval from the deepest and most liquid capital markets in the world is hard, and it should be. Once we make it available to everyday mom and pop investors, we are taking risks that Americans can get hurt.

Jackson’s comments back the SEC’s motives to have rejected various Bitcoin ETF proposals in the past. These are related to the cryptocurrency ecosystem’s liquidity, potential market manipulation, and custody concerns.


As covered, the SEC has rejected back in August of last year nine Bitcoin ETF proposals from ProShares, Direxion, and GraniteShares. These proposals were based in Bitcoin futures rather than being backed by “physical” Bitcoin.

The VanEck-SolidX Bitcoin ETF, which was withdrawn last month over the US government shutdown and quickly resubmitted again, is backed by “physical” Bitcoin. While the published interview excerpt doesn’t refer to this proposal, it does refer to the rejected Winklevoss Bitcoin ETF application. The SEC’s decision, at the time, stemmed from their inability to prevent fraud and market manipulation.

Commenting on it, Jackson noted that it wasn’t a difficult case, as the risk for manipulation was “enormous.” He stated:

The case that we had last year involving the Winklevoss trust, in my view, was not a difficult case. So there you had a situation where the risk for manipulation and for people getting hurt was enormous. The liquidity issues in the market were very serious.

Earlier this year Bitwise Asset Management filed another Bitcoin ETF application with the SEC, after being rejected last year. According to some analysts, an ETF will help institutional investors enter the crypto space, which would presumably lead to a rise in prices and liquidity.

Sunday, December 30, 2018

Japan’s Mizuho Bank to Launch Its Own Stablecoin by March 2019

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Mizuho is launching its new stablecoin pegged to the Japanese Yen in 1:1 ration that will promote the spread of cashless digital systems in the country.




Japan’s second-largest banking institution Mizuho bank is currently preparing the infrastructure to launch its stablecoin by March 2019, reports Asian Nikkei Review. The report suggests that the stablecoin will be pegged to the Japanese Yen. Furthermore, the stablecoin will also facilitate making cashless payments with no-fee transfers among its users.

The stablecoin aims at improving services for low-cost cross-border transfers and remittances. Mizuho’s digital currency service will provide direct competition to Japan’s local credit card companies. This will further help to promote more digital payments in the country while moving towards a cashless society.

Mizuho is also talking to 60 other regional banks to collaborate and support the liquidity for the stablecoin. Earlier in 2017, Mizuho Group chairman Yasuhiro Sato initially termed this as the “J-Coin” project. This project started by Mizuho bank included other regional banks, Japan post bank, and other Japanese “megabanks”. If things go as per the plans, this project will see the first instance of stablecoin mass adoption by banks, financial corporations, and retail users.

Cashless Payments to be Made Possible Using Simple QR Codes
Ahead of the 2020 Tokyo Olympics, Japan is planning to spearhead its cashless economy. In this regard, the Japanese government has introduced subsidies and tax breaks to encourage businesses to accept online payments.

The purported J-Coin project involving Mizuho’s stablecoin will have a simple QR code at vendor outlets to make cashless payments. The QR code could also be easily accessed through a dedicated smartphone application supporting the stablecoin. The Mizuho stablecoin will be pegged to the Japanese Yen in 1:1 ratio.

In addition to the Mizuho Bank, the Mitsubishi UFJ Financial Group also launched its MUFG stablecoin in April 2018. The financial group plans the nation-wide rollout of the MUFG stablecoin by 2020.

In future, the Mizuho stablecoin can also be used to give salary payments to the bank’s employees. It will also team up with China’s huge online payment platform Alipay which allows payments using QR codes. This will also allow foreigners to easily make payments in Japan.

During his interview with The Yomiuri Shimbun, Mizuho Financial Group President Tatsufumi Sakai said:

“The business of financial settlements has become more important and is expected to continue to grow. So we have to take a serious approach.”

The president also said that it will leverage the data from new payment services for its future businesses. Mizuho is currently pursuing cross-industry alliances with several other IT companies.

“We’ll do business with other companies if we have the opportunity. Timing and speed are very important. There is a limit to how much we as a financial institution can develop just through our conventional businesses. We’re focusing on new technology,” Sakai said.

Wednesday, December 26, 2018

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Crypto Can Boost African Economy” say Nigerian Blockchain Experts

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Although cryptocurrency has lost 85 percent of its market value this year, the number of investors and traders have been on rise. While Bitcoin (BTC), reached its all-time high at the end of last year, the other top coins such as Ripple (XRP) and Ethereum( ETH) also experienced their all-time highs at the start of this year. And as we talk about the worldwide cryptocurrency adoption, one of the most untapped places in the whole world is Africa. The blockchain experts in Nigeria have demanded crypto regulation  in Africa to strengthen the market and boost the  economy. Experts believe that the crypto sector in Africa needs ruling guidance for the betterment of the society.

The whole crypto market has shedded almost 85 percent with Bitcoin losing 83 percent of its total value. Other coins also lost over ninety percent of their value. However, these facts are not enough to determine the development of the crypto market. For instance, a study report published by the Cambridge Centre for Alternative Finance declares that in spite of the terrible bear market this year, the onboarding of new traders and the crypto adoption has  increased worldwide.



Blockchain Experts of Nigeria at the Meet
Some of the most qualified crypto experts in Africa gathered at the recent Luno Meet titled ‘Building Trust in the Nigerian Cryptocurrency Market’. This meet was held in Nigeria. During the meet, they discussed the best way forward for the blockchain industry in Nigeria and all over the continent.

Lucky Uwakwe, the COO (Chief Operating Officer) of Blockchain Solutions Ltd.,said  crypto is on on all time rise worldwide. Currently,  65 percent of people in Nigeria are aware of crypto.



Uwakwe said that 25 percent of people as per the study currently possess crypto in some or other form. He further added 51 percent of people considered crypto as an investment and sixteen percent used it for online shopping. Whereas,  nineteen percent used crypto for payments.

However, the stats and study looked a bit fabricated. The major issue that Lucky was trying to highlight is that cryptocurrency and its adoption is on the rise. And that said Nigeria needs to accelerate or it will be left far behind in the race.

Making Africa Crypto Friendly 
Owenize Odia, a Nigerian blockchain expert, and the Country Manager during the Luno Meet discussed that how legislation is an important issue. It can aid in strengthening trust in the African and Nigerian crypto industries.

He also discussed the other aspects of cryptocurrency adoption and explained how decentralization can  drive the Nigerian economy.

Tuesday, December 25, 2018

How Will The U.S. Government Shutdown Affect Cryptocurrency?

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The effect the shutdown will have on cryptocurrencies, if any, is uncertain.


Cryptocurrencies, like Bitcoin, are extra-governmental. This means that they are beyond the power of governments. While they may be banned, regulated, or otherwise monitored by national governments and the laws that they pass, true cryptocurrencies are owned by the people who use them. When the government shuts down, cryptocurrencies are not directly affected.

Fake News About Direct Effects by CCN

Some cryptocurrency news sites, including CCN, have reported that the forthcoming crypto trading platform Bakkt may not receive approval from the U.S. Commodity Futures Trading Commission (CFTC) to launch on January 24 as scheduled.


This may very well be true. During the shutdown, a limited number of CFTC workers will be forced to continue working without pay (though they may be paid at some later time when the government reopens). With the limited number of employees, it is possible that the agency will focus on more important issues than approving Bakkt for release.

Calling this possible postponement a direct effect on cryptocurrency is not only an over-exaggeration, but it is also fake news.


First, Bakkt is not a cryptocurrency. It is a cryptocurrency trading platform. Thus, its postponed release is indirectly connected to cryptocurrency. Second, the effects of its release or postponement on cryptocurrency, if any at all, are undetermined. After all, there are many other cryptocurrency platforms that are functioning without approval from the U.S. government right now — and they have been unaffected by the government shutdown.

Indirect Effects?

Indirect effects, however, are much harder to determine. This is the third time the U.S. government has shutdown this year and the price fluctuations of Bitcoin and other cryptocurrencies during the first and third are inversely related while the second shutdown was too short for any conclusions to be drawn.

The January Shutdown

The first shutdown began at midnight on January 20 and ended 60 hours later. During this period, Bitcoin suffered overall losses opening at $12,283 on the Bitfinex exchange at 12:00 A.M. on January 20 and opened at $10,462 at noon on January 22 when the government reopened.


But there is no way to correlate the shutdown with these losses. After all, the shutdown also began the first day Donald Trump took the presidency, which may have impacted the cryptocurrency market indirectly. Furthermore, this loss marked the beginning of steady losses seen over the last year following the cryptocurrency boon of late 2017 and early 2018.

The Current Shutdown


To make things more difficult, Bitcoin and other cryptocurrencies have been increasing in value the past week. On December 22, BTC opened at $3,882.80 at 12:00 A.M. EST on Bitfinex, when the government officially shut down. At 10:00 P.M. on December 23, it opened at $4,311.60.


But overall increases in value did not begin at midnight on December 22. They began several days prior. Correlating these gains to the current government shutdown is, thus, not possible nor even reasonable.
The Overnight Shutdown in February
Furthermore, the second shutdown occurred during a single night in February. Changes in overall cryptocurrency prices on that night and subsequent days may be correlated to the shutdown, but there’s no way to know for certain.

It is all just speculation at this point. There is not enough data to generate a causal link between government shutdowns and the price of cryptocurrencies, or any other factors for the matter.

Conclusion


In short, while some cryptocurrency news sites are making claims about direct effects, they are stretching the truth beyond what is reasonable, or even ethical. They are presenting possible indirect effects based on speculation as something other than what they really are.


The simple truth is that we do not know exactly what effect a government shutdown has on cryptocurrency. During the January shutdown, prices fell. Since this shutdown began, prices have risen. And the shutdown in February was too brief to help us draw any conclusions.

Perhaps when the government reopens, there will be more data available to help us understand the effects of U.S. government shutdowns on cryptocurrency and its price fluctuations. But until then, it is all just speculation, no matter what the other news outlets want to tell you.

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Are you looking for a last minute Christmas gift? Bitcoin (BTC) may be your best option. Here are a few reasons why:

Increasing Familiarity With Crypto

Even though Bitcoin’s genesis block was released nearly a decade ago and hundreds of other digital currencies have been developed since then, many people still have no idea what cryptocurrency is.

By gifting Bitcoin to family and friends, the ability for a conversation about Bitcoin and cryptocurrency emerges. Maybe a few of the people sitting around the Christmas tree already know a little bit about cryptocurrency, but there is bound to be quite a few who know absolutely nothing. Someone is bound to ask, “Hey, what is this Bitcoin thing?”

And there is the perfect opportunity to start a conversation about crypto. Now everyone sitting around the tree will learn have an opportunity to learn a bit about how cryptocurrencies work and how they could be used in the future. There will be no need to scour through websites filled with jargon written by some expert who does not even seem to know how to communicate with normal people.


Enables Use of Crypto by New Users
Beyond familiarity, gifting Bitcoin also enables use by new users. Uncle Pete or Grandpa Joe may have heard about Bitcoin. They may have even wanted to buy some for themselves.

The problem: they didn’t know how, and there was no one there to help them figure it out.

Well, now that problem is solved. By gifting Bitcoin and teaching family and friends how to use it creates new users which are exceptionally important for social integration and adoption.




Aiding Social Integration

Social integration of cryptocurrency will occur when cryptocurrencies like Bitcoin become a normal part of daily life. Once the general public starts using Bitcoin on a regular basis, Bitcoin will have attained social integration.

To do this requires increasing familiarity and enabling use by new users. Once these two things happen, we make one small step forward toward the creation of a world in which crypto becomes a normal part of society.

Christmas proves a perfect opportunity to help accelerate social integration. If every crypto fanatic gifted Bitcoin to just one person, the movement toward social integration would speed up exponentially.

Bitcoin (BTC)

A Gift that Increases in Value

Your ugly Christmas sweater may get worn once if that. It’s probably going to be stuffed in the back of the closet and forgotten. And those gift cards? Well, after they are spent, they are sure to be forgotten.

But Bitcoin may increase in value, and this is one of the best times to buy. After the 2018 cryptocurrency market crash, BTC is now over $4,000, and many analysts are expecting future rises in value.





Be the Best Gift-Giver

Put those siblings to shame and get Mom and Dad a gift that shows you really care. Give the gift of Bitcoin.

The very uniqueness of this gift is enough but once Dad learns that the gift he has received may increase by hundreds or even thousands of dollars in the weeks, months, and years to come, a smile is sure to cross his face. Those gift cards and ugly Christmas sweaters will be all but forgotten.