$1.2 Billion Transferred in 1.1 Seconds For Only $0.015 in Fees | Welcome to the Future of Blockchain

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Nothing should be considered investment or financial advice. Enjoy the ride.

With all of the Bitcoin price swings and extreme FOMO happening in the market, we need to stay attentive to the progress of projects more than ever. When the market prices draw attention away from development, we could potentially enter another devastating bubble. Investors go all in on projects during bubbles with only a white paper and get wiped out from margin trading in a single day. We do not want to reset investor confidence in this space before the real bull run takes over.

Those of you who have been in the market for more than 5 years and have experienced these pumps before need to step up and lead in times like this. Yes, price action is amazing, but it overall draws away from the progress and adoption we have worked so hard to obtain. The market still has a very long way to go, so by no means is this a moon shot or a final destination for Bitcoin.

The Future is Here

That being said, there are some amazing things happening in the market from a use case scenario.

CZ caught a glimpse of something that 10 years ago would have been impossible. A whale moved approximately $1.2 billion in Binance coin in only 1.1 seconds. On top of that, the fee for such a large and enormous transfer only cost the whale a grand total of $0.015 USD. Easy to say with this kind of availability across borders, the world is starting to take notice.

Many companies are now diving deep into blockchain technology with hopes of achieving some solutions to empower themselves and enter this emerging market do to stories like this one.

Binance Chain Power

The credit for this large transfer really goes to the Binance team and their Binance Chain. With the adoption of so many projects, Binance chain could potentially look to challenge the industry leader, Ethereum, in the coming bull market. Daily, BNB seems to be added to some exchange or supplied with some new form of liquidity further solidifying its place.

No one would have ever thought that an exchange token would be so powerful. Yet, the use cases for BNB are now far out weighting most of the other top currencies in the market, and it is showing in their price growth over the past several months.

For BNB to over take Ethereum, there would need to be a massive purge on the token market supporting Ethereum and liquidity pools. Although with ETH 2.0 coming to market soon, I personally do not think it will happen any time soon.

Ethereum 2.0 Coming in 2020

Ethereum 2.0 is now planned to be launched on January 3, 2020. Previously, this update was projected to be released at the beginning of 2019, but there were vital bugs found throughout the coding language and consensus protocols which halted all progression.

Investors will remember this as a rocky time for market prices. It all seemed to be turning around until these delays were announced and prices dipped even further into the all time lows since early 2017. In hindsight, there was never anything to really worry about. We are here now and the date has been set for the launch of ETH 2.0. We only have to hope that this time, the update is completed.

In addition, remember that it will take 32 Ethereum to stake a node. It might be a good idea to acquire these ETH before the 2.0 launch gets here.

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Bitcoin Breaks $12,000 | Regulators Now Must Face Blockchain Regulation Due to Libra

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Finally, after all of the waiting and persistent hodling through the bear market of 2018 and early 2019, Bitcoin has reached its new 1 year high, $12,240. Cheers to everyone on the new found wealth, but the real party comes when the altcoin market surges.

Currently, altcoins are still down 50 – 90% on average from their previous retraced levels of mid 2018. Not even the all time highs of the altcoins, just the retraced levels which people were upset about only a year ago.

Bitcoin on a Rampage

It seems nothing can stop Bitcoin, but what is the confidence level behind this pump? Only a month ago, people would have argued for a retracement back to the $6,400 level of the Bitcoin price, but instead, we have received a gift unlike any other. This could be a clear indicator to the amount of exposure Bitcoin has generated in the past 2 to 3 years. Seemingly, when Bitcoin would pump and dump in earlier market days, there were not enough investors to quickly turn it around. It took several years for the price of Bitcoin to recover due to the lack of buy pressure.

Today, it seems millionaires and billionaires alike are all setting their eyes on Bitcoin. With this constant underlying buy pressure on the OTC market, exchanges, and in the equity investing sector for blockchain based companies, it is no wonder the BTC price is rebounding so steadily.

Bearish Scenario

Granted the price is surging, we still need to consider the bearish scenario as well as the bullish one. The price could easily be a bull trap trying to lure in gullible investors for a quick organized scheme. Remember, we have had a good amount of negative news hit the market with main net delays, Binance U.S. ban, and regulatory scrutiny. Couple that with the lack of search volume and the increased dominance levels makes this an uncharacteristic movement for Bitcoin.

We can additionally use the altcoins as a measure of comparison. With the lack of price inflation trickling into them, it almost seems artificial for Bitcoin to be so high.

Bullish Scenario

The bullish scenario is a much lighter feel. Bakkt should be launching within several months, Ethereum 2.0 is coming out, Bitcoin is being sought after by billionaires publicly, the halving is coming up in less than a year, and investor confidence has clearly returned. It is no surprise that the price is where it is currently due to the developments of not only Bitcoin’s layer two solutions, but also due to the infrastructure built throughout the market as well.

Libra Regulatory Pressure

In addition, one of the positives of the Facebook’s new Libra Coin is the pressure it puts on the regulatory bodies. No matter what project was launched through the blockchain space, the regulators could easily over look it and put it to the side. Although, that is not the case with Facebook. People noticed so much that congress is even requiring Zuckerburg to come forth and discuss his newest project.

Instead of only grappling with the rule of law. We are now going to grapple with the rule of code.

– Aaron Wright, Cardozo Law School; Open Law

The world is not anymore the way it used to be no no no. But seriously, the world is changing and with the huge move that Facebook made recently into the crypto scene, regulators can no longer push off blockchain regulation. We should see some serious thought coming back into the space from the federal government, SEC, and intelligence agencies.

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Coinbase, Kraken, Huobi and Circle head to Osaka, Japan to Meet World Leaders at V20

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Nothing should be considered as investment or financial advice. Enjoy the ride.

There is current pressure on the crypto industry by the Financial Action Task Force (FATF). This task force, comprised of 36 countries including Russia, was originally designed as global law enforcement to prevent money laundering and fraud. The FATF unfortunately are now targeting crypto exchanges mandating that every exchange must provide them personal clientele information on every account over $1,000.

Although it is not only the exchanges being targeted. Custodial banks, crypto hedge funds, and other investment vehicles are all becoming subject to this proposal.

Crypto Industry on FATF Proposals

Obviously, none of the exchanges approve of these new standards and are very displeased with them. So much so that within 6 weeks, the top names and companies in the crypto industry threw together a V20 crypto meetup in Osaka, Japan, the same week at the global G20 summit. The event is set to take place around the G20 summit which will occur June 28 and 29.

Additionally, they have invited many of the world leaders to attend the V20 summit and plan to scout out many of them in order to give their plea. The countries attending V20 already are Japan, Taiwan, Australia, and France. Each country will be in attendance at the V20 summit through their representatives.

Binance Not in Attendance

Oddly enough, Binance has not confirmed if they will be in attendance or not. Although, recently Binance has made several announcements of their own.

Binance announced the upcoming ban to U.S. citizens for their trading platforms. While U.S. based citizens can still hold their assets on the exchange, they will be unable to trade or exchange their digital assets. This is going to open up a huge market for the other U.S. based exchanges to move into.

Binance Ban in September

Specifically, Binance is removing U.S. traders due to regulatory pressure. In our SFOX article review, we discussed the top expenses for exchanges, brokers and dealers in the crypto industry. They resonated the same conclusion that their largest expense was compliance and regulatory approval.

The reason this is so costly for these companies is because of the litigation involved and fees. Not only is crypto niche, but for companies of these sizes, they have to hire the best of the best to protect themselves. Obviously, that comes with a price tag. On top of that, it has to be global compliance, which has a endless level of complexity.

Exchanges to Replace Binance

When the ban goes into effect, all of the day-traders, investors, and random crypto hodlers will have to find a new place to call home for their digital assets. The top exchanges that will capitalize on this new market are Gemini, Coinbase, and Kraken.

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Charles Hoskinson Q&A – Upcoming Marketing in China

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In a recent Q&A, Charles Hoskinson sat down with an Emurgo representative to discuss some new marketing developments. Besides the bad audio (really guys), we got a taste of what IOHK will be potentially focusing on in the coming months.

In this article let’s break down the Q&A, and take a deeper look at what Charles is thinking in China.

Charles Hoskinson Q&A

Starting off the Q&A, Charles went right into the newest marketing developments for the Cardano Eco-system. The next targeted country seems to be China thanks to two members, Lei Hao and Nathan Kaiser, of IOHK. Thanks to their efforts, Cardano may have stable ground to try and break into this market.

Specifically, Lei Hao is the Director of Chinese Operations at Input Output (IOHK), and Nathan Kaiser is a Swiss lawyer with two decades of experience in Shanghai, Taipei & Hong Kong. These men are leading the way with communication to the Shanghai University.

Cardano Marketing in China

Charles emphasizes the point that Cardano is best served by approaching every marketing opportunity though education first. This is a two fold strategy in that it teaches the target audience more about your product, and it also enables you to learn more about the problems they face before proposing direct solutions.

Additionally, Hoskinson lays out the three main focuses for marketing in China: work with universities, nation wide tour, and finding commercial partners. With Shanghai University being a cornerstone to the Chinese populous, they are off to a good start. In similar fashion, IOHK also has connections in China from a previous endeavor, Blockchain Labs, which can be utilized for commercial prospects.

Moving forward, Lei and Nathan will continue to spearhead the China marketing mission.

Crypto in China

Currently, China is still very hostile towards cryptocurrency. ICOs, STOs, and trading are all banned, but owning crypto is allowed. Additionally, there are ways to work around the ban by converting your Yen to a stable coin and trading on foreign markets. In addition to this, investors can trade in Hong Kong if you can make it there.

The last option to trade for Chinese investors will hopefully hit the market soon. Russia is planning to create a crypto outpost by setting up outside the border of China on an island shared by the two countries. This is huge for both markets, especially if they agree on it and pass regulatory approval for both parties and citizens.

Charles Hoskinson Best Advice

Moving to the end of the Q&A, the interviewer asked Charles to give us his best advice he ever received. Three things came to him:

  • Know when to slow down
  • Know your Priorities
  • Find a big Challenge to accomplish in life
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Crypto Hacks Will Increase as Market Recovers – Phishing Scam From Israel Shut Down by Israeli Cyber Unit

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There is a very clear reason why people say, do not store your crypto on the exchange. There have been numerous hacks all around the world and on every single exchange. The most notable hack is Mt. Gox where the crypto industry was changed forever.

Currently, there are still hacks and ransomware attacks going on all around the world. Earlier in 2019, the largest exchange in the world Binance, was even hacked for tens of millions of dollars in Bitcoin. Make sure to always store your assets offline in cold storage unless you are day trading.

As the hacks increase, companies like Marsh will become more relevant. They aim to bring exchanges and brokers to the insurance market. Currently, pricing these clients is still a challenge, but with continual data and exposure to the new market they will start to be accepted. Until this is a reality and every custodial solution has insurance, keep your assets and private keys safe.

Israeli Hackers

From 2016, two Israelis have been hacking crypto users, exchanges, and promoting fake ICOs. The men, Eli Gigi and Assaf Gigi, are brothers from Jerusalem, Israel. In the last week, they were arrested by a cyber unit of the Israeli police force for stealing crypto through an on going phishing scheme. The story was broke on a news outlet, Ynet, and described a net sum of over $100 million stolen in the past 3 years by the brothers. Apparently, the brothers were tied with the 2016 Bitfinex hack which amounted to $1.5 million dollars as well.

Recent news believes the amount to be smaller than the $100 million, but it seems we do not have an exact numbers yet.

Phishing Scheme

The brothers have been stealing cryptocurrency by accessing traders’ wallets through long and persistent methods of social engineering and phishing. The brothers have many means to do this including:

  • Staged crypto sites similar to fake ICO sales and Buy Bitcoin sites
  • Targeting fake exchange customer services and fake crypto custodian solutions
  • Telegram chats with fake offers and services
  • Other forums like Reddit, Twitter, and social sites were used as well to lure in new investors

Basically, the traders would get drawn into this scam after a lengthy process of offers and compelling stories too good to be true. Once the person has entered in their private keys for storage, trading or exchange, their coins were gone. This is just a clear reminder to everyone in the market, never give away your private keys.

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Cardano and Tron Fight for Top 10 Spot – Cardano Favored

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It seems the battle for top ten crypto spot is heating up. From the previous years, it was easier to bump into a top 10 spot without much worry of being over taken. Now with the addition of stablecoins, forks and third generation products, the top ten seem a bit cluttered.

Specifically, there are 2 forks of Bitcoin in the top 10 (Bitcoin Cash and Bitcoin SV), one native exchange currency (Binance Coin), and one stable coin (Tether).

Real Top 10 Cryptos

By removing these assets, here is your real top 10 cryptos:

  1. Bitcoin
  2. Ethereum
  3. XRP
  4. Litecoin (Arguably another Bitcoin Fork)
  5. EOS
  6. Cardano
  7. TRON
  8. Stellar (Fork of XRP)
  9. Monero
  10. Dash

Nothing should be considered investment or financial advice. Enjoy the ride.

Tron and Cardano News

Both Tron and Cardano have huge followings and great potential. Tron is heavily characterized by its shill prone CEO, Justin Sun, who constantly makes announcements about announcements. Most recently, Justin won a bid to host and attend a lunch with Berkshire Hathaway majority share holder and investor, Warren Buffet. Justin’s aim is to educate Warren through an audience with the legendary investor in the hopes of turning his opinion of cryptocurrency.

Warren has historically been a large critic of the crypto industry saying that it is only time before the scam falls apart. Ironically, Warren has missed out on many amazing tech opportunities and investments in his career, so he does not have a good track record on the subject matter. Although Warren’s track record is poor, he is still a well sought after investor due to his position and influence.

Cardano News

Cardano on the other hand is spearheaded by their stable and poised leader, Charles Hoskinson. Most recently, Cardano has had two amazing announcements. First is the successful launch of the Shelly test net for single node staking. The second piece of news is related to the signed agreement with the country of Georgia to build a simple and efficient payment network. The proposed payment network will be a cross between ATALA and Cardano, but it will probably be a private chain in order to protect the sensitive underlying information. The idea is to tie the payment network into the Cardano eco-system.

Charles Hoskinson and Justin Sun

Besides development and news, I want to focus on these two industry leaders and discuss the differences in their tactics and marketing strategies.

A important aspect of the appeal to TRON is Justin’s charismatic approach to marketing and breaking news. Ironically, his shilling is constantly creating additional exposure from ridicule and humor than intentionally planned. This is a brilliant strategy and is very similar to the Donald Trump approach. Be so outrageous that everyone has to talk about you and your project. Only time will tell if this pans out for him or if the market turns on the constant barrage.

Charles, on the other hand, does the exact opposite of Justin Sun. Charles is a melodic and thoughtful man with a clear passion for people. Over the last four years, Charles has traveled to over 52 countries not shilling his product, but learning about real world problems. Through this he has been able to build a network that the Cardano eco-system can utilize later on in development. With Georgia as the first test case, time will tell if Charles’ time was well spent. The main downfall with Cardano is the continual reworked road map which has constantly pushed back developments and products.

Cardano or Tron?

Clearly, there will only be one winner for the top 10 spot. Honestly, both of the projects are too early on to make one a clear crowd favorite, but if I had to choose one it would be Cardano. The delays in updates and main net have led many ADA bag holders to hedge into other assets. Although depending on your view, this can either be a great time to enter or a dying project. Tron is a close second with just as much potential as Cardano in my opinion.

One thing is probably true, neither of these coins will disappear before the next bull run and each one should provide exceptional returns granted Bitcoin makes another parabolic run. If you are risk adverse, invest in both and hedge your bets.

In full disclosure, I do own ADA and TRX.

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Don’t Forget, Bitcoin Cash Scams People Daily – BCH Rebranding – BSV Faketoshi’s Vision

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Nothing should be considered financial or investment information. Enjoy the ride.

A noticeable trend in the market currently is the volatility of the Bitcoin forks. Both forks, Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV), exhibit extreme volatility which investors have taken note of. Most recently, the forks have launched new announcements and developments that we should be looking at and considering how the market will respond. In addition, we will discuss how Bitcoin Cash Scams People.

Bitcoin Cash Rebrands Website

Recently, Bitcoin Cash has made the subjectively smart decision to re-brand their website. No, this is not “new” news, but it still was recent enough to discuss.

Bitcoin Cash Rebranding

An obvious question is, who cares? Well, here’s one very clear reason why you should care. Bitcoin Cash is still projecting itself as the true Bitcoin through manipulative strategies. Specifically, the website still hosts a button titled “Buy Bitcoin” which takes you to a page with more information detailed below:

Bitcoin Cash Buy Bitcoin Button
Landing Page for Purchasing Bitcoin From Bitcoin.com

The deception comes to light in the phrasing of the words and placement of the digital assets when discussed. This has been known throughout the market as a general scam, but recently people have personally reached out with questions on this. With the rebranding, this is a great time to revisit the problem.

To reiterate the point, Bitcoin Cash is not the real Bitcoin. This is where people get tricked into purchasing Bitcoin Cash instead of the real Bitcoin. Bitcoin Core is the actual formal definition of the real Bitcoin. Make sure not to mistake this if you are purchasing Bitcoin, and if you are directing a friend to buy Bitcoin, just send them to Coinbase with your referral link and get that free $10.

Craig Wright is Not the Father

Craig Wright is the infamous leader of the Bitcoin Satoshi Vision digital asset. The awesome reporters over at beincrypto.com posted a (humerous) article about Craig being accepted as Satoshi Nakamoto, the true creator of the Bitcoin whitepaper. Although, this is only in Bogota, Columbia and really does not mean anything. Still, having someone on this Earth support his boisterous claims, only leads to fuel his madness.

Additionally, Wright has been adamant about targeting the real Bitcoin community and swore vengeance on the entire network. He even claims that the addition of the Sedgwick protocol, for layer two solutions, is innately flawed and will result in the termination of the entire blockchain within a years time. Well, with the clock ticking and Craig now being targeted by regulators in the U.S. it sounds like his network is flawed and about to be terminated given a years time.

Bitcoin Satoshi Vision Price MANIPULATION

Bitcoin Satoshi Vision Price Movement Via CoinMarketCap

One thing is for sure, BSV will pump anytime just because of the constant exposure and fake news surrounding the project. Over the past six weeks BSV has had insane surges independent of Bitcoin. There is a clear trend of continued price manipulation on this project. Investors have learned to expect these manipulations and try to capitalize on the reoccurring trend. This is extremely dangerous, and I would not recommend it to anyone looking to trade crypto unless you hold tight stop losses.

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Altcoin Market Incoming – Bitcoin Over $10,500

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Nothing should be taken as financial or investment advice. Enjoy the ride.

Finally, Bitcoin has reached levels not seen since March 2018. There is a ton of speculation as to why Bitcoin has been unrelentingly pumping, but the answer may be simple. The simplest answer is, the OTC market is out of available Bitcoin and demand has started to far overcome current supply in the market. Constantly, the top wallets have been accumulating Bitcoin since the 2018 crash creating this supply issue.

Bitcoin Price At $10,000

The lacking supply has brought BTC back to recognizable levels quickly over the past two months with Bitcoin blowing past the $6,400 dollar level and into the $8,000 dollar levels. Now with Bitcoin breaching $10,000, investor confidence has returned. There is no more talk of a “bear market” around the industry. Now the only talk is of when to hedge and when not to.

This revisit to $8,000 and $9,000 clearly pulled many reclusive heavy handed investors back from the depths of their hidden portfolios. Although, now that Bitcoin has blown past the unforeseen $10,000 psychological barrier, what will happen next?

Bitcoin Dominance Is High

Currently Bitcoin dominance is soaring to heights that are concerning. On the current surge, we are at least seeing a good trickle into Ethereum and XRP prices as well. The concern lies in the fact that most top altcoins in the top 50 have not directly mirrored these surges. Traditionally, the altcoin market takes place 1 to 2 months after the Bitcoin rally peaks out.

The question at hand is, did Bitcoin just peak? If so, we should see the Price of altcoins start to oump and the market cap dominance of Bitcoin begin to dissolve slightly.

Hedge BTC Back Into Altcoins

Specifically, whales will capture their BTC gains and funnel their profits and principal back into a index of altcoins. This is in preparation of the second surge, the altcoin market.

The altcoin market is when a majority of the market really starts to make money on their investments. For instance, Bitcoin Raised over $10,000 but if Ethereum goes over $1,000 again, investors will make way more money.

Likewise, once projects like Cardano, Iota, Ripple, Litecoin, Monero, and other top assets pop, loyal hodlers will reap massive returns. Let’s take a look at the former market prices when Bitcoin was last at $10,000.

From simply comparing the prices of today’s assets and the asset prices of March 2018, there are some conclusions to be made.

First of all, the prices at this date had already suffered anywhere between 40% to 80% retracement from their all time high. This was a huge blow to investors across the space. Altcoin confidence dropped quickly, and to today has yet to fully return.

Second, the prices of altcoins were extremely inflated in the last bull run of 2017. Without working products, finished research or even real networks, these projects pumped to market caps that made the traditional market seem silly.

Finally, There is immense room to grow for the altcoin market currently. These coins should start to slowly gain back that euphoria level of investing with Bitcoin tipping over that $10,000 barrier.

Hedge Into Altcoins

Slowly, it would be smart to capture Bitcoin and Binance Coin gains if you have either of these projects. Choose rather to reinvest those gains elsewhere for a higher multiplier in the coming months, or wait in a short position. Both approaches should be done incrementally over time as price levels are hit and the potential for higher multipliers decrease from previous growth on Bitcoin. Additionally, this is a short-term analysis, so keep in mind that long-term the strategy could be completely different.

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Binance Coin New All Time High – Now Fully Available to Indians – Bullish Sentiment

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A toast to all of the BNB holders out there. Congrats on the used lambos.

BNB Market Sentiment

There are anxious investors watching Binance Coin, BNB, very closely right now. With the rest of the market slowly recovering, BNB has been pumping for months without stopping or significantly retracing. Let’s look at some of the reasons this asset is continually climbing, and why you may want to hedge into this prosperous asset.

Nothing should be considered at investment or financial advice. Enjoy the ride.

Binance Fully Available to Indians

This news is huge if you are a hodler of BNB or simply enjoy positive market growth. BNB has been gaining massive amounts of exposure recently, and it does not seem to be stopping. With this newest addition to the portfolio, BNB now has full access to almost 1.37 billion people.

India, in general, is currently very hostile towards to crypto market, but extremely bullish on blockchain development. The job market over there has been exploding with plenty of coders and young cypherpunks piling into the industry. In contrast to this, the federal level banks in India are constantly trying to restrict this market and cap its growth.

Binance Coin Volume

BNB is becoming quite the trading pair across other markets. It is only time before the asset becomes a top 5 coin simply from organic growth. Each exchange that adopts this coin will additionally gain more traders and exposure to their own exchanges simply from adding the coin to their platform. In a sense, it is a win win for everyone.

BNB Reaches All Time High

BNB has broken through all trends, indicators and RSI levels. It is currently in a league of its own, stopping for nothing except for one recent announcement. The announcement was centered around the removal of U.S. users coming up in September due to regulatory concerns. Even that massively bearish news, only made the asset shortly dip and bound back to an all time high.

Thus far in 2019, if you bought BNB at the bottom you would have an 8x return on your investment. For instance, if you invested $10,000 into BNB, you would have around $80,000 today in only a few months.

A big question right now is, can BNB continue to grow? For that answer let’s look at the current market cap of BNB. The market cap is currently hovering over $5 billion USD. This is very large for most digital assets, but comparatively to most companies or stocks around the world, this is not even a drop in the bucket. $5 billion is a small evaluation for a coin of this magnitude, and will most likely still provide 10x gains throughout the coming bull market without question.

Binance Coin Utility

We could easily map some of this growth to the growing utility of the asset. Specifically, most investors need to retain a minimum of 500 BNB in order to get the maximum lottery slots for upcoming Initial Exchange Offerings (IEOs). This has made investors quickly buy back any BNB they short, providing stable growth without substantial price deflation. Every IEO launched thus far on Binance has reaped profitable returns, making these a must for any risk friendly investors.

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Crypto Prices Are Being Setup to Explode in 2020 – Altcoins Currently Under Valued

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It is no surprise that the recent news around the market has been sending sparks everywhere. Clearly, the price of Bitcoin has been pumping to the positive news announcements and heavy handed investors reentering the market. Following these pumps, what will happen with Libra Coin, Russia and Halving? Let’s discuss and talk about some of the changes that will come to pass setting 2020 up to be the most anticipated year for Bitcoin yet.

Nothing should be taken as financial or investment advice. Enjoy the ride.

Facebook Libra Coin Impact

With Bitcoin already stampeding it’s way to $10,000 before most coins break a 20% recovery level, the market is getting more and more uncertain. Specifically, the release of Libra Coin has left the market with curiosity as its middle name. No one knows yet how it will impact the market, but there is one opinion to really consider.

The new stable coin will hopefully hit the market and drive new exposure to the crypto world. Pending the Facebook social coin can get pass the regulators it is. Congress is already calling for the halt of development on this so called “cryptocurrency”. Although, some people in the community are calling this the “AOL moment” of the internet era. This relates to the start of teaching people what an “email address”, Bitcoin address is in this case, is to the masses.

The impact should be minimal to the price of crypto short term, but remember the real use case for blockchain is infrastructure. With Facebook enabling a new bridge to the mass market, blockchain infrastructure will start to develop faster than ever. This will in turn inflate the price and continue to boost this emerging market long-term.

Russia Accepting Cryptocurrency

Additionally, there has been positive developments in terms of regulatory clarity and crypto acceptance in Russia. We have previously seen Russia hint at developing their own national stable coin. In addition If you do not know, Vitalik Buterin is a personal friend of Putin’s, and it would not be hard to imagine they have already started collaborating on the project. Of course this is entirely speculatory, but it is not a stretch to imagine.

Another side of the coin is the blatant acceptance of cryptocurrency throughout the country. The Oligarchs run Russia and it has been known for years that they are purchasing warehouses, banking branches and gateways for the crypto revolution. The Oligarchs have been preparing for the monetary shift, and Russia will be more than happy to get rid of their USD reserves as they view it only as a economic hedge and necessity. Any process that slowly moves Russia away from the US market sentiment will be supported by their officials and governing offices.

The third thing to focus on for Russia is the crypto outpost they are setting up outside the border of China. This is huge for both markets, especially if they agree on it and pass regulatory approval for both parties and citizens.

“Big Ussuri island is very conveniently located, on it are the Chinese and Russian borders. So if you build a centre for the development of cooperation between the two countries – that’s where. The island is within the boundaries of Khabarovsk, so the city itself can become an important hub for trade digital currencies”.

Quote by Cocks, site: your-cryptocurrency.info

Atlcoins Undervalued

With the market heating up and Halving right around the corner, this is the time to capitalize on low altcoin prices. As the market broadens on news and Bitcoin dominance once again, where are the altcoins? Historically, the altcoins pump extremely hard 1 to 2 months after the initial Bitcoin price surge. So far, the market has been quite and the small bull run we are having is having little impact on a majority of the coins on the market.

If you are actively trading, there is no way to know if Bitcoin will continue to surge or the alts will take over. Traditionally, it has not been sparked by a single incident which makes shorting Bitcoin extremely dangerous currently. Hodl seems to be the only strategy in times like these and hope you pick the right asset. One thing is clear for sure and that is the Altcoins have yet to surge in price. This pressure could actually be good, seeming that the pressure builds to and even greater jump in altcoin price soon.

BITCOIN HALVING 2020 PROJECTIONS

Bitcoin Halving 2020 Projections are up in the air. Most influencers are quoting numbers around $50,000 per Bitcoin and up. Some have gone out on a limb and said $250,000 per Bitcoin, but realistically, if Bitcoin breaks $30 ~ $40 thousand we will be doing extremely well in 2020. More than likely, Bitcoin will not shoot up to these insane $100 thousand levels people are predicting, but I have been wrong before.

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