Weekend of Innovations: From a Red Sell Button till New Publishers Tipping Feature (Weekend Digest, Oct 20—21)

The global crypto tracking from The Financial Action Task Force, Constantinople delay, and a new stablecoin, this time from Huobi — this weekend was full of news

Basic Attention Token

BAT
Price
0.3671 USD 0.41%
0.00004199 BTC -0.92%
Volume, 24h
21,125,788 USD
0.00%
Marketcap
461,113,506 USD
0.17%
Emission

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Report: USDC Is The Fastest Growing Stablecoin In The Market

USD Coin, the stablecoin launched by Circle, is the fastest-growing stablecoin in the market. This is according to a report released by the Blockchain Transparency Institute (BTI). Despite […] The post Report: USDC Is The Fastest Growing Stablecoin In The Market appeared first on UseTheBitcoin.
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Nicholas Merten: Now Is the Time for Ravencoin, BAT and Chainlink

YouTube star Nicholas Merten is a fan of crypto, but like everyone else, he’s noticed the gradual downplay of bitcoin as of late. Once again, bitcoin has dropped below the $10,000 mark and is trading for just over $9,800. While this isn’t a major fall, the currency seems to have wavered between this mark and $10,200 over the past month. Merten: Altcoins Are Making a Comeback Merten isn’t concerned by this. In fact, he’s looking to use the situation to his advantage, and advises others to do the same. As the host of YouTube’s “Data Dash,” arguably one of the most popular cryptocurrency channels on the streaming and video site, Merten claims that there are three specific cryptocurrencies that are likely to shoot up now that bitcoin is wavering if people are looking to invest. Those cryptocurrencies are Basic Attention Token (BAT), Raven Coin (RVN), and Chain Link (LINK). In a recent interview, he states that these three tokens are likely to grow heavily over the next 12 months, explaining:  At the current moment, looking at [bitcoin] market dominance, it does look like we’re starting to enter into a trend shift where altcoins can start to gain as we retest back towards bitcoin’s high of $20,000. The last two [altcoin cycles] that we had were at the end of the overall bitcoin cycle where bitcoin reached $20,000. The first one happened at the beginning of 2017 when bitcoin retested its high at $1,100. For the most part, altcoins have had a relatively rough year in 2019. Bitcoin on the other hand, has experienced steady growth since April, doubling its price since then from $5,000 to about $10,000. While many have focused on bitcoin as of late, Merten says he’s starting to see funds travel into smaller, competing coins. He says:  As bitcoin does increase over time, as we tend to see a general growth in bitcoin’s price, we tend to see more risk taking in different types of digital assets. As more liquidity has entered bitcoin, you have the ability now, through exchanges, for that liquidity to exit into other alternative investments. Sometimes, that can be rampant speculation, and in other cases, it can be driven through fundamentals. I believe this time around, in this cycle, we’re going to see more going toward fundamental developed projects that actually have real demand.  Why These Three and Not Others? Chain Link is big in that it’s joined software company Oracle to help blockchains connect with outside networks. Raven Coin is significant because it allows developers to establish their own tokens, while BAT is moving forward in that it is attached to the Brave browser, which seeks to block advertisements and trackers from following one’s searches and online activity. Merten is confident BAT will be very important in the field of privacy. The post Nicholas Merten: Now Is the Time for Ravencoin, BAT and Chainlink appeared first on Live Bitcoin News.
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ICObox Busted: US SEC Charges ICO Incubator and Founder for Unregistered Offering and Broker Activity

The post ICObox Busted: US SEC Charges ICO Incubator and Founder for Unregistered Offering and Broker Activity written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics The Securities and Exchange Commission has sued ICOBox and its founder Nikolay Evdokimov for both a $14 million token sale (or securities offering according to SEC) and for acting as unregistered brokers for other digital asset offerings.  And The SEC is not pulling any punches – it seeks injunctive relief, disgorgement with prejudgment interest and […] The post ICObox Busted: US SEC Charges ICO Incubator and Founder for Unregistered Offering and Broker Activity written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Tokenomics, Cryptoeconomics
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