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Cryptocurrencies on the rise today: Ethereum + 6% and Bitcoin + 2%
Many other crypto experts are expressing their growing belief in a probable 10 to times surge in some altcoins' prices. This, along with the fast rate of the advancements accomplished in the blockchain technology, is what led me to increase my efforts searching for prospects that could fit this optimistic view of the cryptocurrency market.
So, I put the pedal to the metal and started exploring and analyzing altcoins. To try to be as thorough as I can, in the hopes of finding good opportunities, I included the main three aspects of an exhaustive analysis: Fundamental analysis, technical analysis and sentiment analysis. This is a great way to cover the majority of the information gathered and help give me some good insights into what cryptocurrencies I should go with.
And, today, I'm going to briefly present to you the altcoins that I believe hold the most potential of being a good investment. It's a security and privacy cryptocurrency that came from Discord. Its main goal is to present an alternative to Bitcoin's non-fungibility issue. One of the main drawbacks that Bitcoin had when it first launched was the fact that it made illegal activities easier to engage in.
Which helps a lot in limiting illicit activities. However, it also hurts investors on the receiving end of the transacted Bitcoins. Because they were not aware of their cryptocurrency's history. This allows users to send and receive money at ease and in total privacy. On top of that, ARRR uses a delayed proof-of-work consensus mechanism and have transactions notarized on their native platform, on the Komodo blockchain, as well as on the Bitcoin network.
This leaves hackers with only one solution, if they want to access and modify ARRR's ledger. Which would require an astronomical amount of hash rate. Recently, after ARRR's price correction had settled down and volatility went back to more moderate levels, the altcoin's value has been steadily rising. Enya, which is the core contributor and strategic partner of OMG, has recently launched Boba Network.
It promises to process a huge number of transactions every second and at a fraction of the cost of what the Ethereum blockchain offers. Boba Network is described as a "layer 2 solution". Which is referring to various protocols that improve the scalability of the existing blockchain. This will make the payment processing speed of OMG Network much faster to the point that it could rival Visa's. The partnership with Enya combines its privacy and security with OMG's payment package, making it a project to keep a close eye on.
This leaves a lot of room for OMG to grow, without risking it being obviously overpriced. This is in parallel to a consistent increase in the trading volume of this asset. Uniswap is an Ethereum-based DApp for exchanging Ethereum tokens through liquidity pools and smart contracts.
It is available on most major U. There's even suspected potential partnerships with Robinhood and Paypal. Now, it's up over Bifrost is a multichain ecosystem platform that presents to developers a panoply of tools and protocols to create DApps. It's not limited to only one blockchain and it offers multiple components that allow for a seamless connection among all of the networks it's hosted in.
What makes Bifrost unique is its superior flexibility. It allows its users to combine blockchains as needed and without any significant restrictions. This helps us come to a very interesting conclusion. Which is that it makes it very scalable. From the 8th of August, the altcoin has surged by With Bifrost we come to the end of my presentation. I tried to share with you my ideas so that it could help you do your own research.
So, please, do not take it as financial advice. At the nd of the day you're the only one responsible for your profits or losses. Be careful! Trading Cryptocurrencies for a Living. What Trading Crypto with Technical Analysis actually means. How to live on Crypto trading: where to start? The valuation of cryptocurrencies to maximize profit. I have been a trader since I am also a copywriter and SEO specialist.
Moreover, I have a passion for teaching as I've been a professor of finance since A quote that I think summarizes the main objective behind this blog. It's a place for sharing trading ideas about the crypto world in the hopes of benefiting one another. It's also a place to test the validity of your insights in the face of the criticism of others. Fizz on my Jayce. It only takes 15 seconds and it's free.
Alternatively sign up with email. Already have an account? Keep a Close Eye on these 4 Hot Altcoins! Its Mainnet release was on the first of June Bifrost BFC Bifrost is a multichain ecosystem platform that presents to developers a panoply of tools and protocols to create DApps. You liked this article? How do you rate this article? Obsessive Cryptocurrency Disorder "In vain have you acquired knowledge if you have not imparted it to others.
We pay the tips from our rewards pool. What is Web 3. Fizz on my Jayce 9 hours ago 2 minute read. Growing on Publish0x. Login Register. Earn Crypto for Publishing and Reading. Sign Up with Facebook. Sign Up with Twitter.
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Complete tutorial to learn how to undermine a crypto-currency that uses the Equihash algorithm. Download the mining software, configuration file. You can undermine crypt-currencies such as:. First of all do not forget our article on mining prerequisites in order to have the list of software available for each algorithm. First you have to download the latest version of Bminer or another if you wish but we recommend Bminer which is the most efficient at the moment. The first SET corresponds to the address of your wallet on the crypto-currency that you have chosen to undermine.
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Cryptocurrency RSS Feeds 1. CoinDesk is the media platform for the next generation of investors exploring how cryptocurrencies and digital assets are contributing to the evolution of the global financial system. Its mandate is to inform, educate, and connect the global investment community through news, data, events and education. London, England, UK newsbtc. Tallinn, Harjumaa, Estonia cryptoninjas. US news.
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Due to the open-source nature of the blockchain, new cryptocurrencies have emerged with new value-adding features for their holders. One of these features is the ability to receive dividend-like payments. Moreover, some digital tokens issued by exchanges pay their holders a share of their trading fee income. The payout is at a rate of 0. Dividends can be received either on a monthly basis or every second.
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You might have heard about Bitcoin, but there's so much more to cryptocurrency than that. Our guides make learning about cryptocurrency easy — allowing you to buy, trade and store your cryptocurrency in as much time as it takes to set up a new bank account. Get started with our A-Z of cryptocurrencies to learn more, or head straight to our exchanges guide to purchase and trade your favourites.