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[BTC/USD] Price Analysis: $10,000 for Bitcoin in 2019 — Is It possible? Of Course!
[BTC/USD] Price Analysis: $10,000 for Bitcoin in 2019 — Is It possible? Of Course!

Cryptocurrency & Bitcoin News Aggregator Review: Keep It Simple

  • Alex Morris
    ⭐ Features

    Our comprehensive review of a newly launched crypto news aggregator. Is it better than existing alternatives?

Cryptocurrency & Bitcoin News Aggregator Review: Keep It Simple
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Keeping in touch with the highly volatile cryptocurrency industry is a must for every investor. However, following every news outlet may not seem like an easy feat. Luckily, there are plenty of news aggregators that allow users to have all the most recent news on one platform.

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Crypto news is a single click away!

Cryptocurrency & Bitcoin News, a brand-new Android app that has been rolled out by SV Software LLC, is one of such aggregators that allows getting updates from all major cryptocurrency websites, including U.Today. This app is perfectly suitable for investors, traders and crypto evangelists who want to get the latest news on their smartphone as well as thought-provoking opinions and reviews.

Major features

One of the major advantages of this very app is its very straightforward and intuitive design. The news is presented in the form of an outlay of the latest headlines (simply click “All Entries” in order to see all the latest headlines).

Major features

If you would like to see the latest updates that are published on a specific crypto-oriented outlet, simply choose any tab below. The most important news items can be bookmarked with the help of the corresponding option.

Major features

Other features include the ability to automatically refresh your feed (the refresh interval can vary from 5 minutes up to 1 day). Similarly to Google News, this app also allows you to remove all duplicate headlines from your feeds so you can only focus on relevant information. Moreover, you also have the ability to filter news items that contain certain keywords.

Major features

Our take  

Generally speaking, Cryptocurrency & Bitcoin News is just your run-of-the-mill crypto app, which has enough features to satisfy the needs of crypto enthusiasts who want to keep their finger on the pulse of this quickly evolving industry.

Of course, there are plenty of other similar crypto news aggregators on the market that offer the same features and much more. For instance, Berminal also displays current prices and technical indicators on top of that, and if you simply want to stick to news, the above-mentioned app also features a larger amount of sources.

Still, Cryptocurrency & Bitcoin News is currently in the development process with only three reviews on the Google Play store, so it is not fair to compare it to more established apps.  

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Question of the Day: Can Stablecoins Accelerate Cryptocurrency Adoption?

  • Yuri Molchan
    ⭐ Features

    Stablecoins show hardly any volatility compared to Bitcoin and altcoins, many are hoping that they will be able to bridge new crypto economy and regular fiat money

Question of the Day: Can Stablecoins Accelerate Cryptocurrency Adoption?
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Contents

Bitcoin, the father cryptocurrency, emerged in hope that it will remove all intermediaries in electronic commerce that cut off their share of payments. BTC was perceived as a P2P way to replace fiat cash in an electronic format, which would enable one party to pay another without any financial institution or payment platform which would demand its share of a transaction as a reward for its services.

What is wrong with Bitcoin

For quite a while Bitcoin was performing the way the crypto community expected. But the situation changed later – BTC rate became weaker, thus bringing down its financial and economic reliability, when it gets to be used as a regular means of payment.

You cannot have a currency that would cost like a British castle today, a gram of gold – tomorrow and a pack of French fries the day after.

At that point practical fintech minds came up with an idea of creating something which would become a breakthrough in the universe of crypto – a so-called stablecoin.

Will stablecoins solve the volatility problem?

Technically, stablecoins are protected from the volatility roller-coaster that Bitcoin and other cryptos love to ride. They are programmed to keep their prices stable and investors now are largely attracted to this new type of digital assets.

Stablecoin does not show any volatility in its monetary value, since it has a fixed connection to an asset it is pegged to. The major goal of using stablecoins is taking the best from decentralized crypto coins and combining it with a constant value. Thanks to it, stablecoins can be used as a reliable means of trade.

Asset-pegged stablecoins

Asset-backed ones get their value from an asset as can be understood from the name. An asset provides the necessary value to a coin, as well as the necessary legitimacy.

A great example of an asset-pegged stablecoin is Tether (USDT). In spite of a series of scandals at the end of last year, it remains the most popular stablecoin in the crypto market.

Recently, it has partnered with the Tron Foundation to launch a Tron-based stablecoin.

Other examples are TrueUSD (TUSD), USD Coin (USDC), the Gemini Dollar (GUSD), and the Paxos Standard (PAX). They are all pegged to the USD.

Crypto-backed stablecoins

Some digital coins work in a similar way to fiat-backed ones, however, they are pegged to collateral crypto. That means that crypto assets that ensure the value of such stablecoins are stored in a wallet similar to escrow.

A good example of a crypto-pegged token is Maker, which is ranked 16 on CMC.

Algorithmic stablecoins

Even though, stablecoin can be interesting at first thought but the way they are built goes against the principle of decentralization that crypto coins have as a foundation. Thus, many crypto fans and evangelists are positive that stablecoins must be linked towards not a centralized asset but a computer algorithm which takes value from a balance between supply and demand.

Basis is now considered the most promising algorithmic stablecoin of all.

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Can stablecoin ensure smooth future for the crypto industry?

The primary goal of all crypto assets was and remains to come up with virtual asset that would be liquid enough and not vulnerable to market volatility. From this point of view, stablecoins are a dream of all crypto fans and evangelists of a decentralized economy.

Apart from the potential to conduct crypto transactions smoothly, experts believe it can bridge the two worlds – fiat and crypto, bringing them a mutually beneficial coexistence. However, that may take time.

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