This year, we are marking 10 years since Bitcoin was adopted – and 10 years since its creator (Satoshi Nakamoto) published the first white paper on Bitcoin and the technology. In the latest Bitcoin news, it is safe to say that the global economy has never been the same from the introduction of this cryptocurrency. With a market cap of $112 billion, Bitcoin is the leading cryptocurrency that has been on the throne for years – with a dominance level of more than 53%.
However, according to the CEO and founder of the financial advisory firm deVere Group Nigel Green – and his new press release – the next 10 years will put altcoins in the spotlight. As Green analyzed, the “crypto revolution” is definitely due to Bitcoin, changing the way money is transacted forever.
However, Green also believes that Bitcoin’s “dominance and influence on the crypto sector” are expected to “drastically reduce” while the value of the broader crypto market will apparently expand by 5,000% along with the rise of the altcoin market, according to his estimates.
As Green stated in the press release:
“[While] I don’t wish to rain on anyone’s parade, I believe that Bitcoin’s influence and dominance of the cryptocurrency sector will drastically reduce in its second decade. This is because as mass adoption of cryptocurrency grows, more and more digital assets will be launched – by organizations in both the private and the public sectors. This will increase competition for Bitcoin and dent its market share.”
Green’s deVere Group now boasts around $10 million in AUM. Based in Dubai and with offices around the world, the CEO and founder is active in the crypto market. When asked about the altcoins that will apparently ‘steal Bitcoin’s show’, he pointed to coins like Ripple (XRP) and Ethereum (ETH), stating:
“I believe that…XRP will be one of the main digital assets to dent Bitcoin’s market share over the next few years due to its apparent focus on integrating with banks and other financial institutions.”
Even if the dominance of Bitcoin fades, Green believes that there will be a clear shift among retail and institutional investors – putting their investments away from fiat money and gearing towards crypto.
Crypto Trader DataDash Says That Bitcoin Is Near A Bottom: XRP, ETH, TRX & XLM Analysis
“We’re going to need to see much more substantial price action for Bitcoin to be considered in a bull market. So we’re in neither really a bear market as of the last few weeks, and we’re also not in a bull market. Again, we have to see a justification of price on either side,” he said.The video can be seen below. https://www.youtube.com/watch?v=lYuqusvMfDM According to his analysis, the current market conditions indicate that it will take a few weeks or months for Bitcoin to regain its momentum. Ripple and XRP, on the other hand, are also pushing to expand their presence in new territories. When it comes to the latest news around Litecoin, we have Jon Moore known as 'Johnny Litecoin' who recently showed the new integration of Litecoin with the payment system Clover. https://twitter.com/jonnylitecoin/status/1108158066892128256 As you probably know, the Clover platform offers free open-source code that allows merchants to implement custom third party payment options. When it comes to Stellar (XLM) and Tron (TRX) as the other altcoin gainers, XLM has recently powered IBM's World Wire remittance platform - while Tron (TRX) and its community have recently expanded to Beijing and are constantly in the latest cryptocurrency news for their blockchain advancements.
Tor Digital Privacy Project Starts Accepting Crypto Donations
"Below you will find the cryptocurrencies we accept and our wallet addresses. The wallet addresses will be displayed again after you complete the form. Please make sure to copy the wallet addresses exactly when making your donation, as we cannot recover funds sent to the wrong wallet."Tor's donation portal apparently supports donations in other cryptocurrencies.
"If you have any questions, or would like to donate a cryptocurrency not listed below, please email us at firstname.lastname@example.org" the website notes.For those of you who don't know, the Tor Project is basically a non profit project that offers free and open-source software made from onion routing, which is the technology of anonymous information exchange. In addition to this, Tor has two official versions of its browser - the Tor Browser and TorBro. The main purpose of using the Tor Browser, namely, is to remain anonymous as well as evade censorship by disguising an IP address. Right now, the Tor Project has not responded to a request for a comment on the new addition of crypto donations. Meanwhile, countries where the Internet has been heavily censored such as Venezuela, Russia and China are all banning Tor and similar technology such as virtual private networks (VPNs). The Tor community and crypto community has one thing in common - privacy and decentralization.
Yahoo!-Backed Cryptocurrency Exchange To Launch In Japan In May 2019
"The pre-registration period is from today (March 25) to April 17. In addition to being able to receive 1000 yen in the "pre-registration campaign", pre-registrants receive "1000 yen" in "lottery campaign" in which 500 people will get 10,000 yen if they trade more than 250,000 yen during the trading period. It will be possible to participate."Currently, sources suggested that the purchase had cost the company around 2 billion yen (which translates to $19 million) - a move that marks the internet giant's first attempt in the crypto exchange world. Taotao has meanwhile gained regulatory approval to launch on the Japanese market. As reported previously on our DC Forecasts crypto news site, Japan will impose strict monitoring on entities wishing to launch exchanges especially after a couple of hacks which placed an international spotlight on the industry. Despite the licensing scheme which first appeared in April 2017, attacks and thefts have continued. For example, Coincheck suffered from the largest attack involving tokens worth over half a billion dollars in January 2018 but managed to return to the market after a buyout. Earlier this month, new regulations were introduced and gained approval - mostly related to cryptocurrency margin trading. Meanwhile, in April this year Yahoo announced its 40% stake in the Bit Argo Exchange Tokyo through its subsidiary Z Corporation, which is when the search giant officially entered the digital currency industry.
Bitcoin Drops In Rating According To CCID, What’s The Reason Behind It?
“Build a tamper-proof charity organization information query system and enhance the authority, transparency and public trust of information publishing and search services.”Due to Bitcoin’s hashrate, it is still the most reliable blockchain network on the market. Given the time that bitcoin has been on the market, investors can’t cope with the fact that bitcoin is ranked 15th and cryptocurrencies with two-year experiences are above it. BTC still remains as a cryptocurrency that sees an increase in hashrate despite the prolonged bear market. As for its historical performance, this data is not including in the parameters of the CCID. The CCID usually sees the dApp and scalabilty-focused networks so this could be one of the reasons why Bitcoin is down on their list. The ranking does not provide a good-enough contexts for investors to make decisions and to track the performance of the cryptocurrencies.
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