Introduction
The crypto market is back on track, with investors and traders rejoicing after a brief dip. The bearish sentiment that hit the market in early 2019 has been replaced by green shoots, as we approach the end of April. The past few weeks have seen several new coins enter into the top 20 list of cryptocurrencies by market capitalization, including Cardano (ADA), Stellar Lumens (XLM) and VeChainThor (VET). Social media platforms for crypto world has become basic need to reach the right set of audience.
Coinbase Ventures Backs Holochain, Will Help Emerging Crypto Networks
In February 2019, Coinbase Ventures (a subsidiary of the cryptocurrency exchange) announced that it had invested in Holochain, a blockchain-based platform that aims to decentralize the internet. The investment firm said that it “will help emerging crypto networks by supporting them with funding and resources as they build out their infrastructure.”
Holochain is an open source distributed computing platform based on a peer-to-peer network of computers connected via “channels” to form an infinitely scalable system capable of processing large amounts of data without requiring centralized control or permission from any party.
Visa, Mastercard, and Paypal share their blockchain strategies in new white paper
Visa and Mastercard are two major players in the payments space, with Mastercard being one of the largest processing banks in the world. Both companies have been working on blockchain projects for over a year now, but they recently released a new white paper that details their goals and strategies moving forward. Social media platforms for business is become basic requirement to enhance their appearance to right people
Paypal has also been involved in blockchain projects since last year; it announced its partnership with eBay back in February 2019 to facilitate payments using cryptocurrency (Ethereum). The company has continued to move forward with this initiative—it's now working with other companies such as Amazon Web Services (AWS) on their own initiatives around distributed ledgers technology (DLTs).
There Are More Than 5000 Cryptos And Only 25 Have 10% Of The Total Market Cap
Crypto is a very large market, but it's also fragmented. There are over 5000 cryptocurrencies available on the market and only 25 have 10% of the total market cap. The top 100 cryptocurrencies have a combined market cap of $1.8 billion while the top 200 cryptocurrencies have a combined market cap of $2.5 billion, meaning that there are more than 1000 new coins being created every month!
THE SEC IS RESTRUCTURING THEIR CRYPTO AND DLT TEAMS
The SEC is restructuring their crypto and DLT teams.
The new team will be more efficient, effective and focused on protecting investors from the risks associated with cryptocurrencies. Social media platforms for metaverse has become an essential element for new innovation to market themselves in an efficient way
Binance Launches Bitcoin Staking, Offering Up To 6% p.a. For BTC Holders
Binance Launches Bitcoin Staking, Offering Up To 6% p.a. For BTC Holders
Binance has launched a new program that will allow users to earn interest on bitcoin (BTC) held in their wallets. The program, called Binance Staking, will pay 0.0002 BTC per day for users who stake their BTC in the wallet and also allows them to withdraw 10 times more than they put into it up until 2020 when it will be capped at 20 times more than deposited funds (10x).
Ripple CEO Envisions A “Really Strong Year” For XRP In 2020
XRP is a utility token. It's a cryptocurrency, but it doesn't have the same volatility as Bitcoin or Ethereum. XRP has been criticized for being overhyped and not having any real use case yet because of its lack of utility, but that criticism doesn't apply to Ripple itself (or its CEO). Envisioning a "really strong year" for XRP in 2020, Brad Garlinghouse said:
"I think there’s going to be some really big changes happening from what you see today."
EXCHANGES MUST COMPLY WITH NEW TRAVEL RULES – Per The European Commission
The European Commission has published a draft regulation that would require crypto exchanges to comply with new travel rules.
The draft legislation is intended to protect consumers by requiring online platforms to verify the identity of their users. This is particularly important for those who have been victims of scams and fraud, or who have lost money in bad investments due to poor advice they received from an unknown source on social media channels such as Twitter or Instagram.
Where Did Stablecoins Come From? An Infographic History
Stablecoins are an important part of the crypto ecosystem. They have been around since 2013, when they were first introduced by Basis. Their purpose is twofold: first, it allows for greater stability in cryptocurrency exchange rates; second, it allows for users to hedge against volatility with a stablecoin that's pegged to fiat currency or another asset like gold or silver.
Stablecoins can also be used for commerce purposes because they eliminate risk associated with fluctuating prices and allow individuals to keep track of their holdings without having access to exchanges (which often charge high fees).
Blockchain-Based Social Network Minds Raises $6.4 Million in One Week
Minds is a blockchain-based social network that focuses on privacy, security and freedom. The platform was built on the Ethereum blockchain and allows users to create their own content by uploading photos or videos.
As of today, Minds has more than 1 million registered users and claims to have over 100,000 creators in its network.
Crypto Price Analysis & Overview April 2nd: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin And EOS Price Analysis April 2nd
Bitcoin and Ethereum are up, but not as much as last week. EOS is also up for the day but Bitcoin Cash, Litecoin and Ripple are all down.
Crypto prices are up again after a quick dip and the momentum seems to be increasing as the month goes on.
The crypto market is volatile, but it is also growing and developing. The future of crypto is bright and we should all be excited about what’s coming next in this space.
Conclusion
In short, the crypto market is booming. There are more companies entering this space and they are investing in all aspects of the industry. It’s becoming a full-time job to keep up with all of these developments, but we believe it’ll be worth it in the end—and not just because you get paid handsomely when things go right!
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