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Messages - Hamzaal24

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61


The Steem ecosystem is splitting. The forked chain called Hive will be led by the current witnesses, who many claim simply want to hold on to their power and cushy payroles as block validators.

On the other hand, the classic Steem chain will be led by Justin Sun, who will retain the Steem.com domain and many claim he will use this power to push Steem into the Tron ecosystem.

It's worth noting that the current price action is accompanied with a 10x increase in volume. Justin Sun had purchased over 60M Steem coins at an approximate 50% discount, half of which are liquid. This price action has enabled him to break-even on his Steem acquisition.

62
Much of this month has been a time of turmoil for markets across the world. Even Bitcoin, the primary cryptocurrency, has fallen from $8000 to $5000. Currently, there are no clear signs of whether bulls are going to take control, but Bitcoin’s current oddly high correlation with traditional assets has held its price low. While many cryptocurrencies are now sitting on the stands, stablecoins have picked up. After the recent market meltdown, there had been a rapid growth in the stablecoin demand.


63


The crypto exchange FTX offers the ability to gamble on the winner of the 2020 US presidential election.
The winning odds of all candidates adds up to only 0.973. That means the market values a 2.7% chance that no candidate from a major party wins the election.
The last person who was unaffiliated with a major party yet won the election was George Washington, in 1793.

64
The Supreme Court of India passed a rule to remove the restrictions from crypto trading companies as the Court cited there was no evidence that crypto trading could cause any tangible harm to the nation. Binance and WazirX as the two have declared to provide funds valued at $50M to support the development of blockchain technology in the country.

65
The COVID-19 outbreak has created chaos around the globe. Argentina has built a blockchain supported platform to provide accurate information about precautionary measures. However, on March 14, fake news was published on an Official website (Gazette). Centralized chains are little more than buzzwords and in reality, operate just like slow servers. If it is not decentralized, can it be hacked?

66
In April 2019, Toyota Blockchain Lab was introduced by the finance wing of Toyota Motor Corporation. The Toyota Blockchain Lab is testing blockchain’s potential for the past several months, and now the company is looking to extend the project’s impact across the company. The Blockchain Lab is looking to explore more opportunities. However, it will mainly be applied to the main departments. Toyota looking to boost its involvement in transportation as an ecosystem by becoming a “Mobility Company.”
Can blockchain help the company to achieve its goals?

67
Cryptocurrency discussions / Trending Altcoins
« on: March 18, 2020, 06:07:48 AM »


Based on price movement and social media presence

The market has been taking a hit lately. However, some altcoins are shining across social channels. Will this equate to mitigated drops, and even outsized performance once the market flips?

More Industry Statistics

68
Several crypto conferences have been postponed due to the spread of the Coronavirus pandemic. Despite the current circumstances, the Blockchain Africa Conference 2020 was held according to schedule. The event was able to attract the biggest crypto exchange, Binance. The conference was able to bring several positive news for the African crypto market.

69
Cryptocurrency discussions / Famous Rapper Adopts Blockchain
« on: March 17, 2020, 12:09:00 PM »
The African market is currently widely adopting cryptos. The famous rapper has recently announced the whitepaper for his upcoming crypto project. Stellar (XLM) network will be used to develop the token. The is in Bearish phase, is it the right time to invest in such projects.

70
Cryptocurrency discussions / Activity Check of Top ERC-20 Tokens
« on: March 17, 2020, 10:38:45 AM »


People are moving towards stablecoins as the Crypto market's fear/greem meter reached all-time low.

71
COVID-19 is taking a heavy toll on Europe. The death toll in Italy rose exponentially, with more than 200 deaths being recorded in the past 24 hours and the number of infected cases surpassing 12,000. The charity organization announced to use blockchain technology for funds raising. The chief motive behind the campaign is to reduce stress on hospitals. Hope everything goes according to the plans.

72
Cryptocurrency discussions / This Week In Crypto
« on: March 16, 2020, 10:15:58 AM »


- Tether hits $5B mcap — link
- As traders get liquidated, BitMEX scores 2,612 BTC — link
- CMC claims $275B volume — link
- Crypto market cap gets demolished — link
- $4M in uncollateralized DAI — link
- Bitcoin shows high correlation with the stock market — link

73
Cryptocurrency discussions / Re: When is the next bull Market
« on: March 14, 2020, 05:13:27 PM »
Soon we will see bull run, I think this is the right time to invest in crypto as the market is very. It an epidemic who is damaging the market.

74


In the short term, all asset classes seem to converge.

75
Cryptocurrency discussions / Re: When is the next bull Market
« on: March 12, 2020, 12:16:53 PM »
Maybe the market is slow because many crypto events are postponed but I think we will see Bull run soon, there are much news speculating like the Indian crypto market is open once again that's a sign. Let's hope for good

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