The way to make sure that the cryptocurrency momentum continues and that cryptocurrency credibility occurs is when big companies begin offering services based around cryptocurrency and other features of blockchain. This was certainly the case when Neteller recently announced it will offer a cryptocurrency exchange service in addition to its digital wallet services. The company announced that the 28 currencies compatible with the fiat wallet were able to buy, sell, and hold cryptocurrencies – including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. It makes sense to begin with Bitcoin and Ethereum as they are seen as the originators of what cryptocurrency and blockchain can do and also the future of how blockchain can be used, despite news that Ripple may be set to topple them all. Neteller’s move into cryptocurrency shows it has its sights set on a bright future of cryptocurrency and making it more accessible. But where do they stand now?
Neteller and Cryptocurrency
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Category: globalcoinreport
What to Expect from BNB, BTT, TRX, and BAT
The first week of February is ending, and the crypto market remains just as volatile as ever. While many were hoping for stability, if not a rally, in the early 2019 — it has yet to arrive, as many coins are seeing drops followed by slight gains which are constantly keeping crypto traders on their toes.
However, there was a lot of activity in the wider crypto space in recent weeks, which has caused a stir in the market regarding some of the altcoins. The most talked-about coins these days appear to be Binance Coin (BNB), BitTorrent (BTT), TRON (TRX), and Basic Attention Token (BAT). With that in mind, let’s review what happened, and what might that mean for the prices of these coins in the following weeks.
1) Binance Coin (BNB) Binance Coin has seen a lot of positive activity in the last few days, and for several reasons. The BNB token is the utility coin at Binance cryptocurrency exchange, which has been performing better than most altcoins due to the fact that it was created and su..
TRON Surges by 100% in 30 Days — Can it Go Even Further?
Despite many crypto investors’ hopes, the start of 2019 did not bring a new rally, nor did the crypto market manage to shake off the bear grip which caused a tremendous price drop in the past year. In fact, the market continues to drop even now. In the past month, the total crypto market value lost around $27 billion, placing it to only $111 billion right now.
However, while nearly all coins are trading in the red, with their charts showing a continuous drop — TRON (TRX) is one of a very few obvious exceptions. In fact, while nearly every other crypto experiences losses, TRON managed to grow by around 100% in five weeks, starting with December 17th.
Before it started seeing gains, TRX price was at around $0.127. However, within only five weeks, TRX managed to climb to around $0.025, according to TradingView. While this is not much when compared to large cryptocurrencies like Bitcoin which move up and down by hundreds of dollars, it is still a huge move for TRX, whose value is still o..
Why Chinese New Year Affects Bitcoin (BTC)
Bitcoin (BTC) lost about $100 in value in the last week, and, while reasons behind the drop in crypto prices can often be hidden and unclear — this time, that is not the case. The reason for this drop is believed to be the celebration of the Chinese New Year.
The New Year celebration was over more than a month ago for most of the modern world. However, things are a bit different in China. This is a country which is considered to be one of the oldest ones in the world, with a long and complex history. The country’s traditions are fascinating to many around the world, as so many of them are different from western culture. One of these traditions is the Chinese New Year.
The New Year celebrations in China start on January 28th, which was a week ago. The New Year itself is today, February 5th, although the celebrations and festivities are going to last until February 19th. For the people of China, and all those around the world who follow the country’s tradition, this is the time to rela..
Understanding the Uses of Different Types Of Cryptocurrencies
Cryptocurrencies – a term which has become incredibly prominent in the mainstream media during recent years due to the proliferation of Bitcoin millionaires. As a result, the new form of currency has earned an almost infamous status. However, as with any major step forward, there is still much confusion regarding the use of cryptocurrencies, what different types of innovative electronic cash exist and what they might mean for the future.
We’re putting all of this to rest as we explain what each of the leading cryptocurrencies can do.
Bitcoin
The most popular form of cryptocurrency, Bitcoin was first thought up in 2008 by the elusive and still unknown creator, Satoshi Nakamoto, who published the whitepaper online.
It took almost a decade for the cryptocurrency to reach its peak, but in December 2017 a single Bitcoin roughly exchanged for the price of $17,000, meaning anyone who held a substantial amount of the electronic cash became significantly wealthy.
In its early years, the cr..
Earn Money Even When BTC Drop? Bexplus can Achieve It!
The Dilemma for Cryptocurrency Investors
In the past one week, Bitcoin showed a upward trend from $3,510 to $3,620. However, According to the historical chart, this presents another “enticing” trend which might be a bull trap. It’s necessary to be cautious about its price suddenly plunged soon later. In fact, Bitcoin is still in the prolonged bear market. Since November, 2018, BTC has been making its downwards journey. Though there are some slight recovery, it’s hard to bounce back and hit the peak at $20,000 again. If the bear market continues, it’s impossible to make profit by holding BTC and waiting for its appreciation, let alone investors who started BTC trading since late 2017 with their assets shrinking.
Moreover, Altcoins which rely on various endorsements entered into the crypto market, making Bitcoin, Ethereum, etc less valuable for investment. In general, when a kind of new altcoin is listed in an exchange, its price will go up to at least 30% in 3 days. This kind of inves..
How Risky is it to Invest in BAT in 2019?
After a bearish 2018, many investors were hoping that the cryptocurrency market will have a fresh start in the new year. The idea was to shake off the bearish grip and have another rally that will take digital coins back to the old glory, or possibly reach entirely new heights.
However, an entire month has passed since then, and the market has yet to show any real signs of recovery. Most cryptocurrencies are still trading in the red, which has caused investors to carefully consider their future investments and only focus on the coins that are the most likely to have a prosperous future.
While the crypto market is vast and it consists of over 2,100 coins and tokens at this point, there are some of them that are attracting more attention than the others. Stepping away from the top 10 cryptocurrencies by market cap, a lot of investors are interested in what to expect from Basic Attention Token (BAT)?
About BAT BAT is a coin that is currently being used within Brave browser, with the go..
3 Biggest Penny Cryptocurrencies in Early 2019
The crypto market may have taken a serious hit in 2018, but it is still massive and filled with over 2,100 different cryptocurrencies. Some of them can measure their value in hundreds of dollars, while Bitcoin itself currently has a value of nearly $3,500. However, there are also coins that can be bought with mere pennies.
However, the actual value of each individual coin is only what is going on on the surface, and to establish the success of these coins, one has to look past the price. Things such as market cap, trading volume, and the coin’s place on the list of largest cryptocurrencies are what determines which coins are popular.
With that in mind, let’s explore some of the penny cryptocurrencies — coins with a price under $1 — that are among the largest cryptos in early 2019.
1) XRP XRP is the coin whose price still remains under $0.5, even after years of being around. It is currently the second largest cryptocurrency by market cap ($12,617,403,510), bested only by Bitcoin itse..
New DoJ Ruling May Cripple Gambling dApps
A new decision made by the US Justice Department has expanded restrictions regarding online gambling in the US affecting gambling dApps. While the Federal Wire Act of 1961 prohibited online gambling regarding sports since 2011, the new decision expanded on this, and it now includes all forms of internet gambling. Unfortunately for many, this now also includes cryptocurrencies.
The U.S. Justice Department now says all online gambling is illegal, not just sports bets https://t.co/0G4aiDLaJF
— Bloomberg (@business) January 22, 2019
The new decision came due to considerable difficulties when it comes to guaranteeing that only interstate betting will take place and that payments will not be routed via different states.
The new announcement was explained in a 23-page-long opinion issued by the Department of Justice’s legal team, which pointed out that the 2011 decision misinterpreted the law. According to that decision, transferring funds was to be considered a violation, but data transf..
How to save time and money on cryptocurrency trading?
Cryptocurrency trading is exciting, at least when things are going your way, but when they’re not things can get stressful fast. Being a successful cryptocurrency trader is all about making the right decision at the right moment to secure a profit.
This puts a lot of pressure on new cryptocurrency traders. Sometimes you’ll have only seconds to come to a decision, but what if it’s the wrong one?
The key to getting over most of your issues when it comes to trading is efficiency. Being able to establish systems that work and set rules and goals for yourself is the difference between a successful and failed trader.
Why is trading cryptocurrency so complicated? Cryptocurrency trading also suffers from another big problem, it’s spread out all over the internet! There are hundreds of different cryptocurrency exchanges and tools out there and most traders will be using several exchanges and tools to try to trade.
There are so many cryptocurrencies that not every exchange can or will list t..
