A new niche for crypto business is open: lost wallets recovering

A new niche for crypto business is open: lost wallets recovering

Crypto.com got a new owner, Ethereum Casper upgrade will be launched in 2019, a second layer for Monero and IOTA-based smart cities — in this weekend news digest

BTC

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ETH

136.00 USD
-0.53%

XMR

51.04 USD
0.08%

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Is Ethereum Really ‘A Thing of the Past’ As Tron’s Justin Sun Claims?

The co-founders of Ethereum and Tron have recently engaged in a battle of wits on Twitter. In a recent interview, Vitalik Buterin, the co-founder of Ethereum had commented on the competition between Ethereum and Tron. He claimed that he would “lose hope in humanity” if Tron usurps Ethereum. Justin Sun came with a witty response on Twitter satirically praising Ethereum while at the same time diplomatically placing it to a veteran status; a thing from the past. Recently, a Chinese Institution also ranked Tron above Ethereum in its list of Public Blockchains. When #TRON succeed, we will build a monument in memory of #ethereum! @VitalikButerin will be remembered for his tremendous contribution in #blockchain industry! #TRX #BTT https://t.co/ig3Yg50NND — Justin Sun (@justinsuntron) March 24, 2019 Ethereum vs Tron: let’s Look At the Facts Ethereum, released in 2015 is the pioneering Dapps Platform currently placed second w.r.t total market capitalization. Tron Foundation was initiated in 2017 on the Ethereum platform itself. However, it is far more capable can Ethereum in terms of scalability and has also implemented Proof of Stake (PoS) on its Blockchain. Tron is currently ranked 11th w.r.t total market capitalization. Transactions per day Ethereum transactions per day chart The transactions on Tron are four times that conducted on Ethereum. Therefore, the usability of Tron is far greater than Ethereum. The number of transactions on Ethereum is primarily in the 500k-600k range. No. of transactions per day on Tron While the number of transactions executed on Tron per day is ranging in the 1.5 M to 2.2 M range, the volatility in the ‘number of transactions’ on Tron is considered significant. The transactions are ranging from 2.9 M to 1.5 M in fourteen days. The number of Dapps that follow TRC-20 protocol is increasing at a rate of one new Dapp every day. The race to the Top The Total Market Capitalization of Ethereum is almost $13 billion more than Tron. The total circulating supply of Tron is 66.68 billion, while the total quantity of Ether (ETH) tokens is 105.5 Million. Therefore, to overcome a difference of 13 billion dollars, Tron would have to gain ten times its current price while the price of Ethereum remains the same. The growth of Tron is exponential. Nevertheless, looking at the current statistic and development of Ethereum, Buterin’s Ethereum might have the upper hand on Tron in terms of price. However, the reward vs. risk ratio on Tron is comparatively less than Ethereum at current prices. Moreover, Tron leads in front of Ethereum in terms of technical prowess. Hence, only time will tell whether Justin Sun’s claims are really true. What are your views on which platform be the ultimate leader in Dapps and smart contract development?  The post Is Ethereum Really ‘A Thing of the Past’ As Tron’s Justin Sun Claims? appeared first on Coingape.
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Huobi Token Price Rises as First Huobi Prime Listing Draws Near

As a new week dawns upon the cryptocurrency industry, one has to wonder if this Monday will be better than what happened through the weekend. Most of the markets are seemingly moving up once again, although there is still a lot of work to be done. As far as the Huobi Token price is concerned, it appears the value is rising primarily because of the first token listing on Huobi Prime will occur fairly soon. Huobi Token Price Accelerates as Expected The year 2019 has been primarily about exchange-oriented tokens rising in value, by the look of things. As Binance Coin continues to fire on all cylinders, Huobi Token has also begun making a name for itself. It appears to be a matter of time until KuCoin Shares will go down a similar path, assuming that exchange decides to venture into “select token listings” as well. Huobi is only the second major exchange to do so recently, and it seems that decision is already paying off for HT holders. Over the past few hours of the early Monday morning, it appears the Huobi Token price has risen by 7.3% in USD and ETH value. There is also a  6.9% gain in BTC value, which will please a lot of users in the process. With a current value of $2.55, or 63,376 Satoshi, it seems everything is progressing as expected. The overall trading volume of $82m is also pretty interesting to keep an eye on, as it could be sufficient to keep things going. The main reason for this HT value increase is the impending launch of the first token listing on Huobi Prime. As users will not need to meet the 500 HT requirement to participate, there will undoubtedly be high price expectations for HT. Depending on how successful this token sale proves to be, Huobi Token may effectively follow a path similar to Binance Coin. For now, a lot of questions are still waiting to be answered. Most people want to get treated like a big shot. You can with Huobi Prime, Our 500HT requirement will be waived for Prime's inaugural #launch of $TOP Network @topnetwork_top. More info here: https://t.co/HHxx9kylFv #HuobiPrime #HuobiToken $HT #DPO #Huobi https://t.co/WiAv5Texin — HuobiGlobal (@HuobiGlobal) March 21, 2019 There is also a chance the current HT price trend is materializing because of the recent Pundi X listing. While there may be no obvious correlation between the two, there will undoubtedly be an NPXS/HT trading pair sooner or later.  It seems a lot of things are coming together for Huobi Global in very quick succession, which usually tends to get a lot of traders excited in the process. For now, there is still some market uncertainty, Huobi Global has launched Pundi X ( $NPXS), the decentralized, offline cryptocurrency that allows users to make mobile payments all over the world. @PundiXLabs Learn more here: https://t.co/hnGA2QL60f#HuobiGlobal #HuobiToken $HT #Blockchain #cryptocurrency pic.twitter.com/OTcQZ7gWL1 — HuobiGlobal (@HuobiGlobal) March 25, 2019 For those who take a closer look at the HT price chart, it quickly becomes evident things can get pretty interesting over the next few hours and days. There is a good chance this market trend will collapse once again in pretty quick succession, although one never knows how all of these markets will evolve. Most of it will also depend on what happens to Bitcoin, which is always a mystery #Huobi #HT #HuobiToken #HTUsdt HUOBI H1 #Trading #Crypto pic.twitter.com/aPHNktUHnH — WarmaneTrade (@WarmaneT) March 24, 2019 As Bullish as Huobi Token may seem right now, nothing is ever set in stone. Cryptocurrencies, assets, and tokens often evolve in many different ways, which can make for interesting momentum down the road. While the trading volume for HT looks pretty significant right now, there is always a chance it can come back to haunt the market as well. Sustaining the $2.5 level will be the main order of business for this token. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Huobi Token Price Rises as First Huobi Prime Listing Draws Near appeared first on NullTX.
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Bitcoin [BTC] and Bitcoin Cash [BCH] no longer payment options on streaming site Twitch

Twitch, the popular live streaming video platform, quietly removed the option to pay using Bitcoin [BTC] and Bitcoin Cash [BCH] from its platform. This piece of negative adoption flies in the face of a wave of crypto-adoption in several industries. Initially spotted by a member of Bitcoin’s Reddit community, the concerned user pointed out that subscriptions could not be paid for via virtual currencies. StreamLabs, a broadcasting software for live stream management, also removed the option to pay with virtual currencies. According to the Reddit post, the video streaming service was facilitating crypto payments through the Bitcoin payment service, BitPay. The post added, “They removed it in the last couple of weeks as a payment method for all countries. Negative adoption strikes again unfortunately.” Given below is an Imgur post detailing a user’s subscription cancellation, after he paid for it using Bitcoin Cash, Source: Imgur The development was met by a wave of disapproval against Twitch, with some calling for a boycott of the streaming service. While many have speculated about the reasons behind this development, the most realistic seemed to be a lack of awareness about the cryptocurrency payment option and its low transaction volume. Some users called this lack of awareness a “vicious cycle,” where companies introduce a cryptocurrency payment option quietly, without notifying the community. As transaction volume drops, the same option is then quietly removed. In May 2018, Twitch began accepting payments in cryptocurrencies. Initially, a slew of coins such as Bitcoin, Bitcoin Cash, Ethereum [ETH] and Litecoin [LTC] were accepted. The larger implications of this delisting must be noted. Twitch is a subsidiary of the e-commerce behemoth, Amazon, following the latter’s acquisition of the former in 2014 for around $950 million. As of February 2018, the video streaming service had 2.2 million broadcasters with 15 million unique viewers a day, and 140 million a month. Other notable websites that removed or suspended the cryptocurrency payment option from their respective platforms recently include, Expedia, the travel booking site and Chess.com, the online chess-portal. Bitcoin’s Reddit community was enraged by Twitch’s quiet listing and delisting of the crypto-payment option. SQLoverride stated, “With so many social platforms shadow banning and demonetizing, the conspiracy side of me thinks maybe it was done because it is more difficult to demonetize someone using crypto.” Many questioned the existence of the crypto-option itself, with anonymustanonymust asking, “Did the have Bitcoin Cash or Bitcoin (Core) on the website?” The boycott was advocated by TAPEWlRM, “Unsubbed and shut down Twitch stream. Bad call guys.” The post Bitcoin [BTC] and Bitcoin Cash [BCH] no longer payment options on streaming site Twitch appeared first on AMBCrypto.
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