Anatol Hooper

Nasdacoin Is Defying Market Trends

Nasdacoin started at around $1.00 on Wednesday, Nov. 14, and at one point touched $4.95 the next day, suggesting a 395% increase
Nasdacoin Is Defying Market Trends
Contents

Nasdacoin, with the ticker NSD, is a cryptocurrency that no one has really heard about before. However, the coin could draw attention amid the recent market collapse. When Bitcoin, Ethereum, Litecoin and the rest were losing over 10%, Nasdacoin managed to more than triple its price in less than a day.

The coin started at around $1.00 on Wednesday, Nov. 14, and at one point touched $4.95 the next day, suggesting a 395% increase — by far the largest growth among the top 100 coins. In fact, Nasdacoin and a few stablecoins were the only ones in green. Thanks to this bullish move, NSD could position itself in the 68th place on Coinmarketcap’s list, with a total market capitalization of $92 million during its peak.

However, as Friday came, Nasdacoin was defying the trends again. At the time of writing, the overwhelming majority of the top 100 coins are moving in a sideways direction, but most of them are still in the green. However, Nasdacoin is now the worst performer with a significant detachment from the rest of the coins, losing over 14% for the last 24 hours. Nevertheless, the cryptocurrency has maintained the greatest part of its recent gains, now trading at $3.54 as of 11:01 UTC.

Nasdacoin

What is Nasdacoin?

Even though extreme volatility is a well-known attribute of the cryptocurrency market, an almost 400% surge is still rare today, especially when it happens amid a general market crash. Thus, you might be wondering what’s behind this coin — that is, what is making it bounce so much?

In actuality, we have found there is nothing special in it that would motivate such an expansion. However, as the official website states, Nasdacoin is a “next generation of advanced solutions for all global monetary transactions.”

The whitepaper, a 20-page document, informs us that NSD is an encrypted and decentralized currency, which is open-source, peer-to-peer (P2P), and mineable. Besides acting as a P2P currency, Nasdacoin will fuel the Nasdacoin ecosystem, which is currently in development. It will comprise of an exchange platform, which will be downloadable on smartphones, a mining pool, a VISA-based card, and a marketplace as well as NASDACASINO, a gaming platform that will include casino-like and other types of games.

The whitepaper is quite straightforward as it has more images than descriptive texts, which makes us wonder whether the project as a whole can really inspire quality and confidence.

Why did NSD jump?

Considering the status of NSD — which has been a coin that nobody really knows or cares about — how could it find the community’s support and demonstrate such a bullish move? One of the reasons might point to the launch of the Nasdacoin Multilateral Platform, which came out on Oct. 30, 2018. The platform connects buyers and sellers of a wide range of products, from laptops or TV sets.

Some crypto watchers claim that the platform launch triggered the increase in NSD. However, the platform has been live since the end of last month — why did the cryptocurrency’s price react so late?

According to what we found, on November 14, moments before the NSD price started to increase, Nasdacoin’s Twitter account announced that it made history, as the coin could be traded on three crypto exchanges: Crex24, Mercatox, and BTC-Alpha.

 

If we check Coinmarketcap’s market data for NSD, Crex24 accounted for over 90% of the total trading volume of the coin during the price surge, with Mercatox getting about 4%. Are we dealing with a pump and dump scheme? We don’t know yet. Such schemes have become quite popular in this emerging industry, but so far, NSD could maintain most of its gains.

 

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Darryn Pollock

Making Sense of the Bitcoin Market: Can it be Considered ‘Traditional’?

There has been much debate whether Bitcoin has correlations to traditional markets or not, but can the Bitcoin market even be considered traditional?
Making Sense of the Bitcoin Market: Can it be Considered ‘Traditional’?
Contents

Bitcoin has always been seen as something very new and different, especially in terms of the investment space. It is an asset that has a market which is like nothing before seen. It has spiked in price massively, it has also dropped; it has incredible volatility and not much pattern to follow.

However, people have tried to pigeonhole it, they have tried to predict it and subjected it to traditional market tools and equations — often with very little success. In fact, there have even been a few attempts to see what kind of correlation can be found between the Bitcoin market and other traditional markets with the jury still being out.

However, there is research and studies that are suggesting the Bitcoin is indeed a much more traditional asset than first believed. If true, this would have a major impact on the trading and buying of Bitcoin as it is attempting to become a much more regulated and accessible asset.

An unlikely study

Strangely enough, researchers at the Institute of Nuclear Physics in Poland published a paper that claims the Bitcoin market follows many of the same numerical patterns that traditional markets have.

This led to Stanislaw Drozdz, one of the lead researchers on the paper and the Head of the Complex Systems Theory Department at the Institute of Nuclear Physics, explaining these findings a little more.

“Our research found that, as of March 2018, the Bitcoin market, through the steps of gradual self-adoption since its inception, is already obeying the same kind of price-fluctuation patterns as the world largest conventional markets like the S&P 500, currency exchange market, oil or gold,” Drozdz proclaimed.

“This refers to both, the magnitude of the relative changes of prices as well as to the temporal arrangement of those changes. Of course, this similarity is quantified in rigorous statistical terms.”

It is, of course, all quite scientific, and the finding is hard to decipher without some sort of mathematical Ph.D.; however, some of the evidence is pretty clear and understandable.

“The large drawdown that Bitcoin has experienced since December last year is also natural in global, mature markets — see oil in 2008 for example. Furthermore, Bitcoin has already started assuming a recovery trend,” Drozdz adds.

This similarity has not always been there, and a lot of it has to do with the maturing of the Bitcoin market. At first, according to the study, there were a lot of discrepancies between the traditional and Bitcoin markets, but as the latter has matured, so have those differences fallen away.

“There were differences in the first few years of Bitcoin trading but they gradually disappeared. When we first looked at the data, it didn’t actually look particularly promising. But on closer inspection, it became clear that the differences between the two were coming from the first two years of Bitcoin trading. Once the market had started to shape itself, those differences, as noted, started to disappear,” Drozdz said.

A settling in

With there being more instances of correlations being drawn between the Bitcoin market and others, as well as there studies like this one, suggesting the Bitcoin market is traditional in nature, it seems to be a positive thing.

If the Bitcoin market can mature to a point where it behaves in a predictable and understood manner, it makes it a lot easier for regulators to understand and get behind. As it is now, there are a lot of regulators who see the space as a “Wild West” as it is unpredictable and confusing, but being traditional changes all that.

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Alex Morris

Binance Exchange Review: Taking a Closer Look at the Crypto Behemoth

In this Binance review, we’ve analyzed all of Binance’s features to find out whether multibillion-dollar Binance Exchange is better than any alternative exchange
Binance Exchange Review: Taking a Closer Look at the Crypto Behemoth
Contents

Binance — From an ICO to the world’s biggest exchange

While the majority of Chinese exchanges have failed to reach a global audience, there is one very prominent exception: Binance, the largest exchange in the world by trading volume.  

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Changpeng Zhao (better known as CZ) is the mastermind behind this Chinese exchange. It is worth mentioning that he already had certain trading experience before founding Binance — he started his already impressive career by building trade engines at the Tokyo Stock Exchange. After CZ found out about the existence of Bitcoin in 2013, he started working for a slew of crypto-oriented projects, including Binance’s present-day rival OKCoin, but then he eventually decided to start his own crypto-only exchange.   

In order to raise funds for the new Binance exchange that was supposed to become a leader in the crypto-to-crypto niche, CZ conducted a fairly successful ICO, raking in $15 mln. Investors were rewarded with the Binance Coin (BNB), the native token of the Hong Kong-based exchange.     

Despite China’s crackdown on cryptocurrencies, Binance has managed to enjoy monstrous success against all odds. It literally had to temporarily suspend registrations because of incredibly high demand. As of now, CZ-led Binance records daily trading volumes that exceed $1 bln. Such a big volume is partially attributed to the huge speed of transactions on the exchange. Binance is able to process up to 1.4 mln orders in a single second. Still, CZ keeps it humble.    

“As for us, we try very hard to not be number one all the time, because being number one creates other problems sometimes, especially with regulators.’’ – CZ

Now, Binance exchange is expanding globally, landing partnership after partnership. It is worth mentioning that Binance exchange has already set operation in Malta, Singapore, and other countries. That being said, it is important to determine whether the exchange lives up to this immense hype.

Apart from English, Binance exchange — an East-oriented exchange — also supports Chinese, Korean, and Japanese. Given CZ’s ambitious plans to create a truly global digital asset trading platform, more languages are expected to be added in the future.

Setting up an account

Let’s jump right into the signup process on Binance!

The process of purchasing cryptocurrency is rather straightforward. In order to create your Binance account, click on the top right corner where it says “Register”. After that, you have to fill in all the necessary information. Complete the captcha by scrolling the puzzle to the missing position, and look for an email in your inbox.

Binance account

Then, simply log in to your account. You will see a pop-up window that asks you to enable 2FA on Binance (you have to download an application and scan a QR code).

a pop-up window

As you can see, the registration process for the exchange is very simple and straightforward. In fact, you are already able to withdraw up to 2 BTC from Binance even without confirming your identity.

Depositing Cryptocurrencies: What are the available payment methods?

Since this is a crypto-to-crypto exchange, cryptocurrencies remain the only available payment method on Binance. In order to buy altcoins, you have to buy Bitcoin or Ether on Coinbase (or any other fiat-to-crypto exchange first). Most of these assets are traded against these two currencies, so it makes sense to deposit them first on the Binance exchange.  

Once you see the list of coins, simply click the “Deposit” button.

 the list of coins

You have to know your Bitcoin address in order to be able to deposit money into Binance. Simply copy the Binance address and deposit funds from your ordinary wallet (the same modus operandi applies to Ethereum, Litecoin and plenty of other assets).

the Binance address

NB: The funds won’t be available in your account instantly! It may take up to a couple of hours until your money gets deposited to your Binance account from another exchange, but you will be getting your coins in a snap after five network confirmations.

Purchasing Cryptocurrency: Buy Bitcoin, Ethereum or any altcoin!  

In order to buy crypto on Binance, you have to go to the “Exchange” section and choose the “Basic” option in a drop-down window. Once you’ve done that, enter the ticker of any cryptocurrency of your choice in a search box to select a corresponding trading pair (most assets are traded against Bitcoin or Ethereum).

a drop-down window

Select this trading pair in order to see a candlestick chart that displays the most recent price fluctuations pertaining to a certain cryptocurrency that is listed on the Binance exchange.  

a candlestick chart

If you are willing to purchase crypto on Binance, there are two available options on the exchange: a market order and a limit order. Buying any cryptocurrency at a current market price on Binance presupposes the creation of the market order. Meanwhile, the limit order allows buying (or selling) coins at a specific price without the need to constantly monitor the Binance exchange.       

Binance

Trading Fees

There is a flat trading fee on Binance that is set at 0.1 percent. Back in July, Binance launched a new trading fee discount program that ranks users based on their trading volumes and the current BNB balance. As the table below shows, maker fees and taker fees can be reduced to 0.02 and 0.04 percent respectively. Obviously, even the minimum discount remains a pipe dream for run-off-the-mill Binance traders since your monthly trading volume has to exceed 100 BTC ($641,833 at the time of writing this article). Meanwhile, the highest VIP 8 level on Binance remains an exclusive Bitcoin billionaire club since 150,000 BTC is very close the $1 bln mark (it’s very questionable whether the biggest crypto whales can boast such enormous trading volumes on the exchange).   
Trading Fees

There is also a 25 percent discount on all trading fees paid in the BNB token (according to Binance’s white paper, this discount will dwindle each year until it completely disappears in 2021).

Deposits do not incur any additional payments, but there is a withdrawal fee that depends on the digital asset of your choice (some digital assets in the likes of NEO do not presuppose any withdrawal charges on the Binance exchange).

Transaction Limits

Given that Binance is a crypto-to-crypto exchange, you cannot deposit fiat currencies. However, when it comes to crypto, you can deposit an unlimited sum of digital assets. Still, there are withdrawal limits in place that directly correlate to your verification level on the Binance exchange.

If you want to break the chains of the 2 BTC per day limitation, you have to go through the Binance verification process. In order to reach Level 2, you have to enable 2FA (that is a mandatory requirement on every exchange that helps to enhance users’ protection). After that, you have to complete your KYC verification by submitting your personal information to the Binance exchange (name, address and a photo of your ID).

Once you’ve done that, you are free to send up to 100 BTC to your wallet on a daily basis. Notably, the verification process on the Binance exchange is significantly less invasive compared to other exchanges since only the photo of your ID is required to seal the deal.

High-dollar investors are able to withdraw even more than that, but they need to contact Binance’s customer support if there is such a necessity.

Security: Is there any reason to be worried about your coins?

It is absolutely clear that the ability to build an extensive user base in such a short span of time stems from establishing a high level of trust. Unlike an armada of other Chinese exchanges that are often associated with fake trading volumes and other shenanigans, Binance seems like a robust trading platform. Does Binance really offer top-notch security?

Unlike Coinbase, a leading fiat-to-crypto exchange, CZ-led Binance doesn’t provide enough information on how it is supposed to secure the funds of its clients, which might be concerning for some Binance investors. One would be naïve to assume that Binance, the biggest exchange on the market that is expected to rake in $1 bln even amidst the crypto rout, would not take its users’ safety seriously. On the flip side, the infamous Mt. Gox fiasco proves that no one is too big to fail in this fledgling industry, and Binance could see the same fate.

In fact, Binance almost suffered from a major phishing attack back in March. The hackers collected users’ logins for months with the help of scam websites in order to steal their funds. All altcoins from Binance users’ wallets were converted to BTC, but then they were stymied by the withdrawal process. Since these individuals started pumping Viacoin beforehand, they turned out to be the only ones who lose funds while the attack itself had been effectively prevented by Binance.      

NB: Always check the website address before entering any sensitive information that could compromise the safety of your Binance account!   

Furthermore, there are numerous security features that will help you to enhance the protection of your Binance account:

numerous security

Speaking of the regulatory side of this issue, one has to point out that Binance is not registered in the US, which essentially means that the exchange doesn’t have to comply with SEC’s policies.    

Back in September, U.Today reported about an explosive report of New York Attorney General Barbara Underwood who states that Binance, along with some other big-name exchanges, do not protect their users properly from manipulations. That doesn’t necessarily mean that Binance broke the law — the watchdog simply requires more clarity on investor protection.

Customer Support

The success of a certain exchange largely depends on how responsive its customer support is. HitBTC, for instance, provides its users with disastrous feedback despite also being one of the leading exchanges. Speaking of Binance, there is also room for improvement since the exchange doesn’t feature live chat support — a very convenient tool if there’s a need for a quick reply. Moreover, Binance users do not have the ability to contact the support team over the phone.

Customer Support

One can leave a request on their website and wait for a reply that is sent to his/her email address. Since Binance is positioned to become a global exchange, there is a multilingual customer support. However, Binance is usually criticized for a long response time (it usually takes three days for Binance’s staff to answer the request). Still, Binance has a good social media presence: it has more than 880,000 followers on Twitter alone, and CZ himself often tweets too, keeping Binance’s user base constantly engaged.

Pros and Cons

Binance advantages:  

  1. Big and solid user base. The fact that Binance is globally trusted by so many traders is a clear indicator that it is a force to be reckoned with. Moreover, as mentioned above, Binance is perfectly suitable both for seasoned traders and beginner-level users who are making their first foray into the world of crypto.    

  2. A gargantuan amount of coins. Binance has become the mainstay for those who want to diversify their investment portfolio with altcoins.

  3. The high speed (Binance is able to process up to 1.4 mln TPS).

  4. A competitive fee structure with a transparent system of discounts offered by the Binance team.  

Binance disadvantages:

  1. Customer support that is less responsive to Binance compared to other rival exchanges.   

  2. There have been numerous complaints about withdrawal support directed at Binance.

  3. China. Binance is based in Hong Kong, but it still remains in China’s crosshairs (which retains its hawkish stance on crypto).

  4. Privacy concerns. Binance is storing users’ data, which might be alarming for those who value their privacy.

  5. The absence of fiat deposits and withdrawals on Binance (in order to buy Bitcoin, you have to deposit Bitcoin from Coinbase).     

Decentralized Exchange in the offing?

While already trumping all other exchanges in the crypto-to-crypto department, Binance is also inching closer toward launching its own decentralized exchange (DEX) that is expected to go live in Q1 2019. BNB will reportedly be a native currency on the exchange that is supposed to grant users the freedom of being in full control of their funds.   

The topic of decentralized exchanges has always been a rather debatable issue in the crypto space. While pundits in the likes of Ran Neuner call them the future of the crypto industry, the existing examples of such exchanges don’t have even an ounce of the popularity of their centralized competitors (that actually applies to all dApps).

The aforementioned fees remain the bread and butter of Binance, but Ethereum’s cofounder Vitalik Buterin already came up with a solution to reward the developers of decentralized exchanges by embedding native fees into the smart contracts (case in point: EtherDelta).

CZ believes that Binance is the best alternative of a decentralized exchange since it has a robust infrastructure. The CEO claims that the most pivotal advantage of decentralized trading platforms over centralized ones consists in the ability of users to fully control their funds. There are no user accounts — all transactions are conducted on a blockchain. In this case, a centralized exchange in the likes of Binance doesn’t serve as a custodian of wallets.

Conclusion

The fact that Binance rose to prominence in practically no time doesn’t come as a surprise: the exchange stands out among its competitors because of its low fees, a bevy of available coins, and a perfect reputation (Binance still hasn’t suffered a single hack since its very inception). On the flip side, everything is changing at a breakneck speed in the world of crypto — one day you're the cock of the walk, the next you're the feather duster.

Binance continues to assert its dominance by opening offices around the globe, but the exchange still hasn’t managed to stand the test of time to appear in the “old-timer” crowd. Anyway, the future looks bright for CZ-led Binance, and there is no reason why it shouldn’t be your first choice when it comes to C2C exchanges.

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Verge Price Prediction 2018/19/20: Will XVG Surprise Us?

📚 Wikicoin
Will Verge cryptocurrency reach $0.1 this year?
Verge Price Prediction 2018/19/20: Will XVG Surprise Us?
Contents

After being in the shadow of Bitcoin and other coins alike, Verge finally started making waves and attracted the attention of crypto traders from all over the world. Wonder whether it is a good option for investment? Let’s find out the Verge price prediction for the nearest future and decide whether the game is worth the candles.

What is Verge?

Verge cryptocurrency was initially invented in 2014 and initially called “Dogecoin Dark.” However, the name was changed to avoid association with crimes. Its creator, “Sunerok,” decided that Bitcoin doesn’t sustain proper anonymity, so he developed a Blockchain that would guarantee private fund transfer.  Verge hides everything: the owner of currency, historical transactions and account balances. Therefore, it’s best suited to tackle anonymous transactions.

Verge vs. altcoins
Comparison of Verge with other cryptocurrencies

 

Were the previous XVG predictions justified?

To get better insight, let’s learn about the history of the coin right from the start. The peculiar fact that Verge was launched without an Initial Coin Offering and even without pre-mining contributed to zero popularity of this project. Until 2016, the rebranding year, no one knew about Dogecoin Dark.

Some two years ago, XVG was worth $0.000005 per coin. After rebranding, the price raised to $0.00001, which is a 100 percent rise. The highest value of Verge in 2016 was $0.000227 per coin. In 2017, the price started growing slowly, and at the end of the year, it soared together with the other cryptocurrencies. It reached the height that hasn’t been repeated since then.

In November 2017, Verge coin prediction was as follows:

XVG Price prediction December 2017
Verge price prediction for the end of 2017

In three weeks of December, the cost of Verge sprang from $0.005 up to $0.14, which was an increase of 2,700 percent! However, in a week, it dropped down to $0.09. Apparently, Verge coin price predictions were too optimistic back then, but what happened truly amazed the investors.

Verge prediction 2018

Although Verge experienced a severe drop since January 2018, some investors are sure that it may rise by 100 percent and higher by the end of this year. So, what’s Verge price prediction 2018? According to market analysts, XVG is in the ‘bullish’ zone, which means investors believe in its potential, and their contribution makes the coin grow in price.

A good example is a tweet posted in March 2018. Verge claimed they would establish a “Mystery Partnership,” which actually was postponed, but made Verge rise quickly and even reach $0.11.

Here are some other versions of Verge coin price prediction 2018:

  • According to Coin Switch, XVG may rise to $0.0736 by the end of 2018, and in five years, it may even hit the benchmark of $0.2069.

  • Walletinvestor Verge coin 2018 forecast is around $0.0442 (within a year). The five-year prediction is $0.165.

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The last three months of 2018 promise to become interesting: Verge price can still grow considerably. First, Verge will establish a partnership with TokenPay (they will even release a debit to be funded with Verge). Secondly, Verge can become one of the first privacy coins to promote the smart contract technology. The team is tight-lipped about the creation of the proprietary Rootstock protocol, and if released successfully, it can trigger the XVG price considerably.

XVG price prediction 2019

According to megacryptoprice.com, Verge will rise to $0.169428 in a year, which will add 1,100 percent to the current value. Verge coin price prediction on WalletInvestor is less optimistic: while users expect it to rise to $0.02, Facebook is more optimistic with its forecast $0.07. The website claims XVG will grow to $0.039 in a year. Coinfan website shows that the price can grow from $0.029 to $0.12.

Verge coin future price in 2020

In 2020, we can witness a significant growth of Verge price: according to Coinfan, it can grow from $0.1 to $0.45. WalletInvestor shows that Verge price will be around $0.06 in 2020. TradingBeasts has the same numbers.

Check out a video report about Verge forecast:

https://www.youtube.com/watch?v=22Z2-GEkndE

How much is Verge now?

With the market cap of $212 mln and a huge circulating supply of 15,172,086,051 coins, Verge sells for $0.01402. XVG is on the 41st place in the rating of world cryptocurrencies. It is present on different exchange platforms, so you can easily purchase some coins.

What may influence Verge cost?

Verge XVG price prediction will be defined by a whole range of factors. Let’s check how its cost can be impacted:

Factors that may drive its growth

Factors that may slow down its growth

Overall demand for private cryptocurrencies and XVG.

Competition. Verge is not the only private cryptocurrency. PIVX, Monero, Zcash, and other coins are its direct rivals.

Availability. Since Verge is present in many different exchange platforms, users have more chances to buy and sell it, which adds up to its value.

The potential for criminal activities. Since it’s a private coin, it can be used in the criminal sphere, which can potentially damage its reputation and slow down adoption rate.

Regulation opportunity. Optimal regulation will help Verge to overcome legal and tax barriers.

Too large supply. Overall XVG supply is 16,555,000,000 XVG, which is too much.

Future implementations and developments. Users bet that the Rootstock project can significantly promote Verge. The team is also working on the Wrath Protocol which will hide all details from the transaction.

It’s not fully developed. The technology at the foundation of Verge is still being developed, so it’s not clear what the future of Verge will be.

Adoption and acceptance. Verge is on its way to implementation in real life, which only increases demand for it. For example, recent news about Verge adopted by PornHub has exploded the crypto community.

 

Taking all these factors into consideration, it’s hard to give some precise forecasts: you never know which factors will play the key role.

 PornHub started accepting Verge!
PornHub started accepting Verge payments, which contributed to significant coin growth

 

Bottom line

So, is Verge a worthy investment? Although it’s hard to give any certain forecasts, this crypto coin promises to grow. Slowly but steadily. Therefore, if you’re ready to wait two to three years to get revenue, invest right now. Verge is one of the crypto pioneers in the niche of private transactions, so should definitely retain its position.

Wikicoin
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What is Coinloop.io: Crypto Market News Sources Review

📚 Wikicoin
Coinloop.io serves as a personalized platform for getting the most relevant information about popular cryptocurrencies
What is Coinloop.io: Crypto Market News Sources Review
Contents

Coinloop.io is a versatile news aggregator that was created to supply readers with ample information about cryptocurrency, the Blockchain, and the most popular coins. The website renders a handful of various tools for users and would be interesting for investors, traders and advisors, both amateurs, and professionals.

What is Coinloop.io?

This is a news aggregator that displays the freshest posts, reviews, press releases and other publications. The project presents information from a bunch of different sources, including:

  • CCN

  • Ethereum World News

  • Cointelegraph

  • Cryptocomes.com

  • Bitcoinist

  • ZyCrypto

  • Coinbase

  • Coindesk

  • and other sources.

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Aside from showing news from various popular websites, Coinloop.io shows crypto-related posts from Reddit and Twitter. It also serves as a personalized platform for getting the most relevant information about popular cryptocurrencies and related events.

What Coinloop.io news feed looks like
What Coinloop.io news feed looks like

Functions and features

In comparison with other similar news aggregators, Coinloop.io has well-elaborated functionality and offers uses the whole range of useful features which can be tailored to their demands. Let’s observe the most outstanding options:

  1. Latest news. Of course, as a news portal, Coinloop not only displays the freshest posts from authoritative sources but also provides a filter to sort out the most interesting articles (you can select the sources you want to see). Besides, it displays posts from Reddit and Twitter.

  2. Signals. An invaluable option for traders that was available for some registered users. It helped to predict the growth or falling of currency for users to make informed decisions. Unfortunately, this function has recently been disallowed.

  3. Coins. In this section, you can see the basic information about popular cryptocurrencies: their current price, market cap, how it changed, the circulating supply, etc.

  4. Bitcoin Futures. This is a peculiar feature that allows users to get information about Futures Contracts.

  5. Charts. An advanced option for finance-savvy users: observe and personalize the charts for various coins to perform a deep and detailed analysis. Simpler charts are also present on the Dashboard section, and you can select the coins and the period of analysis.

  6. Calendar. This is a unique feature that makes Coinloop stand out. You can check which crypto- and Blockchain-related events are taking place in the near future and add them to your personal calendar. Coinloop shows which conferences, meetings, airdrops, announcements, and other events will be organized around the world.

Coinloop.io events calendar
Coinloop.io events calendar

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Interface and ease of use

What makes Coinloop more attractive than other similar websites is a little bit more complicated and advanced design, but the pages aren’t cluttered, and navigation is a piece of cake. The website offers an abundance of personalization tools. There’s a point to register because only authorized users have access to advanced features and customization instruments.

Coinloop.io dashboard: all info in one place
Coinloop.io dashboard: all info in one place

You can get all necessary information collected in one place by using Dashboard and personalizing this space. Thus, you can see a graphic of coin development, create the list of your preferable coins, have the latest news displayed (you can choose the sources). Please, note that you’re free to select a currency in which the cost of cryptocurrencies will be shown. Using a personalized dashboard is a highly convenient approach that eliminates the need to browse numerous websites and online markets.

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Bottom line

The abundance of features definitely makes Coinloop.io one of the most useful news aggregators out here, especially the Calendar and Signals options. But since the website is aimed at customization of user experience, it lacks one thing– portfolio. Besides, a search panel wouldn’t hurt to make navigation even easier. Generally, this is one of the worthiest projects of its kind.

Wikicoin
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How Much Can Be Read Into Bitcoin Dominance in Such a Bear Market?

Bitcoin may be down in the dumps pricewise, but it is right up there when it comes to market dominance, is there something to read into?
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Bitcoin’s market share dominance has now reached 57.8 percent for the first time since Dec. 16, 2017. That was the day before Bitcoin peaked at $20,000. Of course, it is a very different state of affairs in the cryptocurrency market these days.

Bitcoin is in a severe bear market, its price sits around $6,200 and is slowly dropping, yet its overall dominance is still on the rise. In December, the market dominance probably had a lot to do with adoption and hype, whereas this time around, it may have a lot more to do with the woes of altcoins.

Ethereum has been particularly hit hard with its dominance down to around 12 percent. This loss of dominance has also affected the second-biggest cryptocurrency as its price flounders under $175.

However, in the grand scheme of things, could this downfall in dominance from the altcoins out there actually be a blessing in disguise for the Bitcoin market and the cryptocurrency ecosystem?

There are new coins being born every day, many of them scams or poor projects, and a lot of them ultimately end up as failures. However, if the indication is that the money in crypto is filtering towards a proven cryptocurrency like Bitcoin, and away from the hundreds of others, it may be a good reboot to the system.

End of the get-rich-quicks

One aspect of the cryptocurrency space that has emerged and given it a bad rep is the multitude of poor ICOs and cryptocurrencies that often don’t deliver or fail outright. These reached a pinnacle towards the end of last year and made for quite a big ‘altcoins season.’

That is not to say that the dilution of Bitcoin’s dominance meant that money was being poured into bad, or scam, coins, in fact, the majority of the dilution would have still gone towards major coins in the top 10, such as Ethereum.

However, this latest show of dominance from Bitcoin seems to be indicating that the focus in the cryptocurrency market- even if it is diluted- is being aimed squarely at the major cryptocurrency that has proven itself.

Bitcoin vs. Ethereum

What is interesting to compare is the long rivalry that has developed between Bitcoin and Ethereum, despite the two coins being so fundamentally different. They typically have always occupied first and second spot on the market cap, and are the two most well known.

Last year, in June, was Bitcoin’s weakest market position with Ethereum taking 30.63 percent of the market, just under seven percent shy of Bitcoin’s at 37.87 percent.

Since then, Bitcoin has been able to regain market dominance, hitting a high of 65.18 percent in December 2017. Ethereum was at a low there too-  9.71 percent. But, Ethereum was able to close the gap on in February, grabbing 20.46 percent to Bitcoin’s 36.32 percent, as a real altcoin season was in play.

So, with Bitcoin highly dominant, and Ethereum struggling in dominance, but as well as price, what can be read into the situation for the future. Predictors are all out there worrying about the next price rally, but perhaps this is a good situation for the market to shake itself clean.

What about the ICO sell off?

Many are speculating that the dire position Ethereum finds itself in is because ICOs have sold their holding, but in fact, this is not entirely true, and their actions would have minimal effect of Ethereum’s price.

The majority of major Blockchain projects based on Ethereum are still holding tens of millions of dollars in their Ethereum treasury, according to a major research group. However, if that bearish market continues, the sell pressure could be too much and it may trigger a sell off.

Still, as it stands, Ethereum’s own issues are not to do with ICOs selling their assets, but rather it could loop back to the general market sentiment. Bitcoin is still holding strong in other places other than its price, yet other coins are facing a lot more difficulties, and a lot less trust or enthusiasm.

A full shake out

There is no doubting that the scams, false projects, and Blockchain hype led to an ecosystem full of bad options which were fueled by speculation and hype about astronomical growth. But now with the end of hyper growth, and a much more cautious marketplace, perhaps the chaff has been shaken out.

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