BitTorrent Launches Native TRON-Based Token

Peer-to-peer torrent client BitTorrent has launched a native token, BitTorrent (BTT), based on the TRON protocol, according to a press release shared with Cointelegraph Jan. 3. The token can be exchanged between users to optimize their network speed and attain faster downloads, according to the press release. BitTorrent’s first full-fledged move to begin to tokenize its content sharing ecosystem — which reportedly serves over 100 million users — comes around six months after the company was acquired by decentralized internet startup TRON for an undisclosed amount. BTT tokens, which are…

Bitcoin Price in Near-term Bias Conflict as $4,000-Resistance Teases

The bitcoin price consolidated this Thursday as $4,000-level continued to block the rally from a breakout attempt. The bitcoin-to-dollar exchange rate dropped as much as 5.36 percent of its value since its yesterday’s high at $3,971. The pair at press time is correcting higher on moderate volumes, up 0.71 percent from its intraday low at $3,758. The US dollar rate is posting minor losses owing to poor export data from the US markets. But its benefits are visibly going to the Japanese yen the most. Bitcoin is heading towards the…

Ethereum will Hold Apple and Tesla Stock Next Week

A digital exchange opening next week allows investors to trade in major public companies using digital currency on Ethereum. DX.Exchange is a first of its kind in the cryptocurrency space. The exchange allows trades to occur even when the markets are closed. Stocks Held on the Ethereum Blockchain DX.Exchange will at first offer digital tokens based on shares of ten Nasdaq-listed companies. The company plans on expanding to the New York Stock Exchange in the future. “We saw a huge market opportunity in tokenizing existing securities,” Daniel Skowronski, CEO of…

Monero (XMR) Now Accepted at Fortnite Merch Store!

Just as 2017 was the year of cryptocurrency, 2018 was the year of Fortnite. And now those two worlds are colliding. Recently word spread that the Fortnite merchandise store is accepting Monero (and XMR alone) as a form of payment. Monero Accepted At Fortnite Merchandise Store Fornite became immensely popular last year, enough to open up Retail Row, an official supporting retail store. And while some are questioning the choice (XMR has previously been subject to crypto jacking), it’s an overall win for the crypto space. After all, the more crypto adoption…

Nasdaq-Powered Crypto Exchange Offers Tokenized Stock

A Nasdaq-powered crypto exchange called DX.Exchange is opening its doors to investors next week. So, it’s just another new exchange, right? No. Not at all. DX.Exchange DX.Exchange is a European-regulated crypto exchange, that will allow investors to buy tokenized stock from ten technology companies that currently trade on the Nasdaq Stock Market. That’s pretty impressive. The company is 100 people small. At the helm is chief executive officer Daniel Skowronski who stated that the exchange is “launching with 10 of the top stocks traded on Nasdaq first” with plans to add “more as we…

Dow Downturn Shows Market is ‘Going into a Recession’: Gluskin Sheff

The Dow Jones Industrial Average and other major stock market indices have posted steep declines during the second trading day of 2019, extending a downturn that saw them post their worst December returns since 2008. According to the top economist at Canadian wealth management firm Gluskin Sheff, these losses may have only been the beginning. Rosenberg: ‘More Than 80 Percent Chance of Recession’ Following Dow Plunge Speaking during an interview on CNBC’s “Trading Nation,” David Rosenberg, Gluskin Sheff’s chief economist and strategist, said that he believes the recent stock market…

Bitcoin May See Long-Lasting Stability Throughout ‘Boring’ 2019

Over the past 24 hours, the cryptocurrency market has seen its valuation drop from $135 billion to $130 billion, as the Bitcoin price dropped below the $3,800 mark. On January 2, the dominant cryptocurrency eyed a breakout above the $4,000 resistance level, but it struggled to increase further from $3,912, retracing to $3,780. Boring Year For Bitcoin in 2019 Historically, Bitcoin has tended to take 62 weeks on average to recover from a major correction or a bear market, and all five corrections the asset experienced in the past nine…

Bitcoin Too Scammy, Volatile for Broad-Based Adoption: Analyst Mark Dow

Analyst Mark Dow, the trader who closed his short position after bitcoin fell 80 percent last year, doubts whether Bitcoin will ever attain a broader adoption. Bitcoin-Short Trader Bearish on Future of Crypto Adoption Mark Dow, a former International Monetary Fund (IMF) economist, said in a tweet that the world’s leading digital currency “lacks a credible use case” to withstand the bearish sentiment. He discredited bitcoin‘s potential of becoming a store of value asset, stating that those who make these claims are delusional and scammy. I’ve yet to hear a positive,…

Tron Price Analysis: TRX Print Higher, ERC-20 Tokens Now “Artifacts”?

Latest Tron News By destroying an additional 182 million TRX ERC-201 tokens, Justin Sun is confirming his distaste of ERC-20 tokens. Back in November 2018 when he announced on Twitter that the platform has burnt $800 million worth of ERC-20 tokens, he let the whole know of his sentiment although Ethereum was where Tron steadied before launching their own blockchain, virtual machine and even tokens—TRC-10 and 20 tokens. I just burned 800 million USD worth $TRX ERC20 tokens. $TRX ERC20 tokens will soon become historical artifacts😋 Don’t forget to keep…

The First Cryptocurrency to Use Mimblewimble Privacy Tech Is Now Live

Today marks the debut of a new cryptocurrency, called Beam – one of two highly-anticipated privacy coins implemented with the so-called “mimblewimble” protocol. The mimblewimble protocol, which is touted as a way to make transactions confidential and virtually untraceable, first appeared in the summer of 2016, and has been widely anticipated ever since. While another cryptocurrency, called Grin, was first theorized for the protocol at the end of 2016, Beam, which was conceived of only in March 2018, launched ahead of Grin, today at 1:40 UTC. Yet Grin developers have…