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Top 3 Coins to Watch – Week 38

The cryptocurrency markets continue moving at a rapid pace, and we are seeing leading crypto and blockchain projects coming out with significant updates every day. However, it can be hard to keep up with all of the innovation that’s happening in crypto – here’s where we can help you out. Let’s check out 3 projects that will be particularly interesting to follow this week.

1. Binance Coin (BNB)

Binance Coin is a cryptocurrency created by Binance, the largest cryptocurrency exchange in the world. BNB started off its journey as an ERC-20 token on the Ethereum blockchain, but moved to its own blockchain platform called Binance Chain in 2019. BNB is the native asset of the Binance Chain blockchain and also gives its holders a host of benefits when using the Binance exchange. Binance runs a periodical BNB burn program, destroying a portion of the total BNB supply each quarter to make the token more scarce.

Buy/Sell BNB

Binance Hops on the DeFi Bandwagon

DeFi (decentralized finance) is the hottest trend in crypto right now, and Binance is not shy about capitalizing on it. The exchange launched a centralized version of yield farming with its “Launchpool” products, which allows users to stake their BNB and earn new tokens such as BEL in return. The Launchpool gives users another reason to hold BNB tokens, and could be a significant driver of demand.

For BNB, this creates a constant demand for holding/staking the token making it an attractive asset to own. Meanwhile fees that accrue from the exchange continue to burn existing supply. I expect BNB to claw back the underperformance YTD as a result.

— SpartanBlack (@SpartanBlack_1) September 12, 2020

Binance is also courting DeFi projects to migrate from the Ethereum blockchain, which is currently struggling with high transaction fees, to Binance Smart Chain. Even though Binance Smart Chain is significantly more centralized than Ethereum, this doesn’t seem to be enough of a deterrent for some projects and we could see more DeFi projects make the jump to Binance Smart Chain moving forward.

2. NEM (XEM)

NEM is a blockchain platform that was launched in 2015, with a focus on Plug-and-Play architecture. While users can leverage the decentralized NEM public blockchain, they can also deploy private, permissioned NEM blockchains. The NEM platform is highly customizable and its API can be used with a variety of programming languages. The consensus algorithm used by NEM is called Proof-of-Importance (POI).

Buy/Sell XEM

XEM Holders Can Opt-in to Receive Symbol’s XYM Tokens

The NEM project has created a new business-oriented blockchain platform called Symbol, which will have a native token called XYM. The holders of the NEM platform’s XEM token can opt in to receive Symbol’s XYM token once the platform is ready for launch in December. The Opt-in program is accessible through the NEM desktop wallet as well as the mobile NEM wallet for Android. You can learn more about the Opt-in program here.

3. TrustSwap (SWAP)

The TrustSwap DeFi platform features a number of ways in which users can engage in trusted transactions on the blockchain. The TrustSwap platform features transaction mechanisms such as escrows and time-releases, as well as a platform for launching token sales. TrustSwap can be used to launch a variety of blockchain-based tokens.

Buy/Sell SWAP

The TrustSwap Mainnet Launches This Week

The TrustSwap mainnet went live on September 14. The mainnet launch allows the platform to start processing payments, escrow transactions and automated payouts. Before starting their move to the second phase of the project’s roadmap, the TrustSwap team also plans to deliver the token sale platform and the Trusted Coin Offering (TCO) feature. In the second phase of the TrustSwap roadmap, users will be able to “wrap” cryptocurrencies and trade them as ERC-20 tokens.

September 15, 2020
All Things Loud and Clear: Crypto Boom Across the World

As economies of the world face a decline amid various global crises, the crypto market continuously rises. The digital coins are chosen as an option by many states and regions across the world. It has become a great alternative to other currencies today.

It is not only because of the pandemic that the coins are booming in terms of prices and quantity. There are many factors to why they are becoming popular in a lot of regions.

As crypto is used in more places across the world, the community steps closer to using Bitcoin and other coins in daily transactions. Read this article on all things crypto to know more!

New Bills and Rules for Crypto

Governments have begun to consider and pass bills to regulate digital assets and currencies in the process. The laws placed by countries can allow the crypto market to soar or even limit it.

Here are some examples:

Russia

The country recently passed a law on digital financial assets or DFAs. In it, DFAs were defined as ‘an aggregate of electronic data comprising money claims, negotiable securities, and rights to participate in the equity of a non-public company with shares’.
In a positive aspect, blockchain assets can be sold, inherited and exchanged legally. But, the law also notes that they can’t be used as payment for goods and services or a form of currency. As assets, they can also be taxed by the state.
Based on how the amendments to it are handled, it will dictate how the cryptos will be treated by authorities. There are still no provisions on the liability of those who will use crypto as payment.

South Korea

As one of the leaders in digital adoption, South Korea may be one of the first countries to regulate and legalise cryptos and their exchanges. Aside from crypto, the country had many digital payments and ventures since the early 2000s.

The country’s officials have called for a change in their laws on financial services in the country. This will allow authorised agencies to oversee and create rules to support blockchain development.

Prior to this, many citizens have also joined the crypto craze. A huge chunk of their population owns Bitcoin, Ethereum and other altcoins. To support the growing venture, the state can let the market flourish with their help and keep it safe from money laundering.

India

March had become very generous to the Indian crypto market this year. It is because the two-year Bitcoin exchange ban on the country has been lifted. The news sent their local market to new heights, in terms of new coins bought.

The country’s laws are still not friendly to crypto-users, unlike the proposed laws in Russia and South Korea. But this development shows that the image of Bitcoin and other crypto is improving.

Free Market For Crypto

It is not only through rules that crypto can grow. As Bitcoin was initially created to be free from regulations, a free market can also be seen in some regions.

Latin America

With neutral action from leaders, crypto is booming in Latin America and other places. Another factor that helped the coins develop there is their preference for foreign fiats instead of local ones.

Some developers have created apps to use blockchain tech and crypto in the finances of citizens of countries like Argentina, Mexico and Colombia. Locals have even opted to use the e-wallet instead of using banks.

Albeit a free market can come with a lot of scams and fraud issues, the competitive market allows developers and customers to have better services.

Wherever it is, the impact of these digital coins to economies can be heard loud and clear in news across the world.

September 14, 2020
[WATCH] Emerging Tech Summit AIBC Europe Announces New Conference Dates

SiGMA Group has announced the postponement of its tech and gaming focussed Europe summit, which was planned to be held in Malta on 18-19 November 2020. The 4th edition of AIBC Summit will now open its doors early next year in February, running from the 17-18th, making it the first event to headline the 2021 tech and gaming calendar.

Several shows on it became evident that opportunities, particularly in investment and development were emerging as a result of cross pollination between the gaming and emerging tech sectors. As such, the company has decided to merge these two main brands under one roof, bringing AIBC into the SiGMA family with the launch of one super show in February 2021.

AIBC Europe will also embrace key brands and individuals from the converging sectors of AI, blockchain, IoT, Quantum Tech, and other emerging technologies to discuss and shape the future.

“I look forward to the new dates and I look forward to welcoming you all with arms wide open.” SiGMA founder, Eman Pulis.

The decision, which was taken following recent, unforeseen developments of the global health crisis, COVID-19, is in line with advice from Malta’s health authorities and aims to ensure the safety and well being of AIBC attendees.

SiGMA Group Founder, Eman Pulis said,

“AIBC 2020 was due to take place this Nov, the show was sold out and we were extremely excited for this edition to take place. However COVID-19 had other plans and therefore we have decided to postpone the show for another 3 months. I must send my gratitude to all the exhibitors who agreed to move their participation at the event with us. I look forward to the new dates and I look forward to welcoming you all with arms wide open.”

WATCH: SiGMA Group founder, Eman Pulis on postponing SiGMA Europe 2020

SiGMA Group’s priority is the health and welfare of its guests, speakers, exhibitors, and employees. As such, they have taken the decision to move the event to 2021 – in line with upcoming inaugural events launching across Asia and the Americas.

SiGMA’s much anticipated digital excursion into the emerging LatAm markets will still go ahead this September, running from 22-24 September, in addition to summits later in October exploring the growing Med Tech and Med Cann industries.

AIBC Europe (February), which will now occur alongside AIBC Asia (May 2021), AIBC Americas (September 2021), and SiGMA Europe in November 2021, will open its doors to the industry in Ta’ Qali, with the original venue, the MFCC, still confirmed. Thanks to regulatory bodies, such as the MGA and the MDIA, Malta is Europe’s premier location for tech and iGaming, maintaining its reputation as an iGaming hub and offering undisputed benefits to gaming companies looking to establish a base in this forward-thinking jurisdiction.

Combining an expo floor for world-class exhibitors, a start-up village for new businesses, and a hugely popular conferences and workshops agenda, the summit offers a platform to the tech industry as it shapes the future of the sector.

Should you have any queries about the event, kindly reach-out to Sophie Crouzet.

Check out our latest videos below:

September 11, 2020
Daily Recap: Bitcoin Holds Above $10,200, Ethereum Stops Falling

On Wednesday, 9th September, BTC/USD was moderately trading up, having finished that day at $10,231 slightly above the $10,196 daily level, which means that Bitcoin quite firmly resists further decline at this level. ETH/USD was moderately trending up as well, having finished the day at $351.21 or 4.13% above Tuesday’s session close. With Bitcoin presently consolidating at around $10,200, the pressure on Ethereum has been reduced.

Ethereum’ downtrend is reversed

At the intraday 1-hour chart we can see that there occurred an upward intersection of the 50-period SMA by the 20-period SMA at 18:00 UTC, with the cross rate continuing its upward move. This along with the upside breaking out of the triangle pattern formed near the 0.618 Fibonacci retracement level at $343.3 lets us assume that a continuation of this ascension can follow.

CEX.IO 1-hour ETH/USD Chart on TradingView

This intraday ascending pattern clearly indicates a way out of the steep decline that began with the major sell-off from Bitcoin miners at the start of September. Yet there are some hurdles to break though for Ethereum on its way up. We can see a daily level at $378, which is acting as resistance now, and the 0.786 Fibonacci retracement level further at $407.However, it is yet early to talk about firm upside tendencies for Ethereum as a clearer indication of the pair’s consolidation at above $350 is required to let the market have more trust in Ethereum’s chances of edging higher.

Also, on Wednesday through to the early hours of Thursday the DeFi tokens, many of which are built on the Ethereum blockchain, have jumped above 20% after a steep 50% decline in the previous seven days, with the whole DeFi market showing a positive 19% change. This rebound of DeFi also fuels Ethereum for further gains.

Bitcoin resists further decline

On Wednesday, the trade of Bitcoin was marked with relatively low volumes indicating that many high-profile traders are presently saving their liquidity ready to put it into the market when a decisive move from the flagship cryptocurrency follows.

The 1-hour intraday BTC/USD chart indicates that the traders are currently moving Bitcoin in the region of $10,000 and $10,400 without any sharp moves.

CEX.IO 1-hour BTC/USD Chart on TradingView

The upward intersection of the 50-period SMA on the hourly chart by the 20-period one, with the 20-period SMA visibly providing support for Bitcoin is a sizeable sign of a possible breakthrough above the upper edge of the rectangle. The consolidation above the $10,196 in its turn also keeps the bulls’ hopes up, showing that there is no much selling volume in the market right now.

Forecast for the rest of the week, 10 – 13 September

There is a clearer indication of a beginning uptrend for Ethereum than Bitcoin in the early hours of Thursday by UTC. The DeFi market dynamics will be affecting Ethereum trade in the near-to-medium term.

Bitcoin has been trading within the $400 corridor for the last five days, and it is likely to take another fluctuation in this range, slipping to the $10,000 handle with a subsequent rebound to $10,400. If that scenario works, a breakthrough above $10,400 is likely to follow because the sideways corridor that has been in place since 5th September indicates a high probability of the downtrend reversal.

OP-ed disclaimer: This is an Op-ed article. The opinions expressed in this article represent author’s opinion. CoinCheckup does not endorse nor support views, opinions or conclusions drawn in this post and we are not responsible or liable for any content, accuracy or quality within the article or for any damage or loss to be caused by and in connection to it.

September 11, 2020
Swisscom Blockchain received a grant from Web3 Foundation to develop Kubernetes Operator for sentry nodes and validators for Kusama and Polkadot

Zurich – September 10th, 2020: Since it was founded in 2017, Web3 Foundation has firmly believed in an internet where individuals own their own data, not corporations. With this goal in mind, the Zug-based foundation has nurtured cutting-edge applications for decentralized web software protocols using modern cryptographic methods.

To support the research and the foundation’s mission, Swisscom Blockchain AG has received a grant from Web3 Foundation during their fifth wave to develop a Kubernetes Operator for sentry nodes and validators for both Kusama and Polkadot.

This initiative, and the technology behind it, will contribute to both networks’ robustness, making Polkadot and Kusama less prone to attacks on individuals and, in turn, increasing their trustworthiness.

Running nodes on Proof-of-Stake networks can be challenging and a hard task to accomplish. The process becomes even more complicated when the risk of slashing is introduced. Slashing happens when a validator misbehaves: it can occur for instance when the validator goes offline, when the network is attacked or if the software is modified without common approval. The consequences of slashing have a direct impact on validators and nominators as they will lose all their staked tokens. A strong and experienced IT team along with DevOps modern tools are both required to reach high availability and prevent such problems from happening.

Polkadot Kubernetes Operator by Swisscom Blockchain is a set of tools created to seamlessly deploy and monitor validators for high availability. The Operator smooths the process for anyone willing to set up their own sophisticated Polkadot validator including a highly secured network of sentry nodes.

Swisscom Blockchain AG provides solutions allowing companies to interact easily with public Blockchain networks. Polkadot has been identified as a key technology to further enrich the crypto infrastructure services offered to our customers.

Dieter Fishbein, Head of Ecosystem Development at Web3 Foundation, says:

“Providing Kusama and Polkadot with a Kubernetes Operator contributes to a more robust network, helping validators ensure high availability in their operations, and reducing the chances of validators getting slashed for unresponsiveness. We look forward to working with Swisscom Blockchain on their contributions to both the Polkadot and Kusama networks.”

Swisscom Blockchain AG – Müllerstrasse 16, CH-8004 Zurich – blockchain@swisscom.com

Jorge Alvarado Flores, Head of Technology at Swisscom Blockchain, says:

“It was a great experience to work with the Web3 Foundation on the realization of this project. We’ve come to realize how important it is to combine efforts between the enterprise and the open-source world, in order to increase the adoption of blockchain technologies to solve real-world problems. Looking ahead we are hopeful that our contributions to Web3 Foundation on the automated deployment of sentry and validator nodes will be useful for other enterprises to engage in the Polkadot ecosystem.”

Find out more about this project:

https://github.com/swisscom -blockchain

About Swisscom Blockchain

Swisscom Blockchain is a Swiss Startup belonging to the #1 telecommunication company in Switzerland. As experts in Blockchain, Swisscom Blockchain is developing innovative products to help its clients to exploit the full potential offered by this technology. The company is offering Node as a Service and Self-Sovereign Identity based solutions.

https://www.blockchain .swisscom.com/

About Web3 Foundation

Web3 Foundation funds research and development teams building the technology stack of the decentralized web. It was established in Zug, Switzerland by Ethereum co-founder and former chief technology officer Dr. Gavin Wood. Polkadot is the Foundation’s flagship project.

https://web3 .foundation/

September 10, 2020
Top 3 Coins to Watch – Week 37

Many cryptocurrency markets entered Week 37 deep in the red numbers as almost $60 billion were wiped during the weekend’s market drop. While the start of the week was not very good, to say the least, we hope that the remainder of the week will bring some better news. We believe that the coins in our selection have a higher chance to quickly recover and return in the green than other crypto assets.

1. Bitcoin (BTC)

Although we believe that Bitcoin does not need much introduction and that all eyes would be on it even if it were not featured on our list, here is a short summary of its history and key characteristics. The world’s pioneer cryptocurrency was launched by pseudonymous figure named Satoshi Nakamoto in 2009 and has a capped supply of 21 million coins. The decreasing miner block rewards makes the cryptocurrency scarcer with time, ensuring a deflationary nature.

Buy/Sell BTC

Bitcoin Struggles to Keep above $10,000

The price of Bitcoin has fallen under $10,000 for the first time since the end of July on September 5 and it’s trading around 3% lower than a year ago. The world’s first born crypto has lost nearly $2,000 of its value since the end of August in a relatively steep negative market trend. The price drop comes after a relatively successful month for Bitcoin, in which we saw five promising attempts to break the $12,000 resistance level. While Bitcoin did tumble on March 12 along with the stock market, the largest cryptocurrency by market capitalization quickly recovered and entered a rally that lasted nearly half a year and drove the price from $4,000 to almost $12,000. It seems that the market needs to breathe a little (and readjust a little too) since the move has been quite substantial.

In addition, there are currently two big gaps on CME Bitcoin futures market: the first $260-gap between $9,665 and $9,925 and the second $160-gap between $10,425 and $10,585. Typically, when a gap in futures markets appeares, the market will move to fill the gap. The aforementioned Bitcoin gaps are expected to be filled in near future as well, which means that even a drop to $9,600 or even $9,200 should not come as a surprise.

At the time of writing, Bitcoin is changing hands at the price of $10,180, but continues to struggle to keep above $10,000 as the support level at that price is weakened. Next levels of support lie at $9,800, $9,600, $9,430, $9,284 and $9,200. Nevertheless, if Bitcoin manages to stay above $10,000 things would be looking better for BTC than for most of the altcoins in this plunging times.

2. Ampleforth (AMPL)

Ampleforth is synthetic commodity money that adjusts its circulating supply daily, based on market circumstances. Based on the inputs from trusted price oracles, the protocol proportionally increases or decreases the total number of AMPL tokens that each user holds. The result is a digital currency that it less affected by price moves of Bitcoin and other major cryptocurrencies.

Buy/Sell AMPL

Ampleforth Will Launch Beehive 2.0 Geyser Program on September 10

The Ampleforth team is getting ready for the launch of its latest edition of the Geyser liquidity mining program dubbed the Beehive 2.0 that is scheduled for September 10. Participants in Beehive 1.0 program will need to withdraw their UWETHAMPL-V2 and deposit them in the new contract. Any new stakers, that wish to participate in the program will have to first deposit ETH and AMPL into the Uniswap V2 liquidity pool. They will than receive UWETHAMPL-V2 tokens that can be staked in the Beehive 2.0 Geyser. The liquidity mining program will distribute 1% of the total AMPL supply as rewards for stakers over the course of 90 days. Users that stake their tokens for 1 month will receive doubled rewards, while those who choose a 2-month staking period will benefit from tripled rewards. More details on the Beehive 2.0 are available here.

3. Enigma (ENG)

Enigma (ENG) is a crypto investment platform that allows users to set-up and run micro-crypto funds. In addition, the project aims to solve the problem of privacy on the blockchain by introducing secret smart contracts.

Buy/Sell ENG

Launch of Secret Smart Contracts is Just Around the Corner

The Enigma decentralized governance community will vote on the proposal for the integration of secret contracts to the Enigma Secret Network on September 8. Provided that the ENG holders approve the addition new feature, which they almost certainly will, the secret contracts will roll-out with a mainnet upgrade that will take place on September 15. After the upgrade users will be able to program and sign secret contracts on the Enigma’s Secret Network. The blockchain will facilitate private computation across a node system with secure enclaves by encrypting smart contract inputs and outputs and distributing them redundantly among Enigma nodes. Such system will allow the contents of the smart contracts to remain private, even to the nodes executing them. The whole proposal, which is described here, might prove to be a pivotal move for the project.

September 8, 2020
Crypto.com Releases the Spanish version of its Mobile App and Exchange

<Hong Kong, September 07, 2020> Today Crypto.com introduced the Spanish version of its App and Exchange, marking another milestone for the company on its mission to accelerate the world’s transition to cryptocurrency. As a result, Crypto.com’s services will be accessible to the 500m+ Spanish-speaking community around the world.

Open Account and get $50

The Spanish-language versions of the App and Exchange follow the recent release of French-language versions, as the company continues to grow globally and especially throughout Europe. Known for its deep liquidity, low fees and Crypto Earn program, Crypto.com reached the 3 million user milestone in July. This milestone was reached shortly after rolling out the Crypto.com Card to 31 European markets in April. Since then, the Crypto.com App has reached top 50 in the Finance category in Spain, France, UK, and Italy where its popularity continues to grow thanks to unrivaled benefits: competitive rates, unprecedented cashback rewards when shopping with the Crypto.com card, and the ability to purchase Gift Cards using crypto for top brands throughout Europe. The team has bolstered its regulatory compliance within the complex payments and crypto ecosystem and launched local Telegram communities supporting most EU languages for better access to instant feedback and support.

Mariana Gospodinova, Crypto.com’s Europe GM said: “Shortly after releasing the French-language version of our App and Exchange, we’re excited to be supporting the vibrant Spanish-speaking community as well. This is yet another solid step on our mission to accelerate the world’s transition to cryptocurrency. Expect to see more languages supported in the near future.”

Spanish language versions of both the Crypto.com App and Crypto.com Exchange will be available immediately. Crypto.com will provide community support via its dedicated Spanish-language Telegram channel: https://t.me/Cryptocom_ES

About Crypto.com

Crypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 3 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of “cryptocurrency in every wallet” into reality, one customer at a time. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 500+ strong team. For more information, please visit www.crypto.com.

For press inquiries: press@crypto.com

September 7, 2020
New York Supreme Court Rejected Appeal Over Lost Funds, Gold Over Bitcoin

It was reported that the New York Supreme Court rejected Bitfinex’s appeal in the ongoing dispute with over more than $850 million lost corporate and client funds.

According to the latest crypto news, iFinex, who operates Tether and Bitfinex told that they deposited the funds to a Panama-based company but was later apprehended by Portuguese, Polish, and American authorities.

The court also declined the argument that Tether was neither a commodity nor security.

‘Not even virtual currencies are above the law. We are pleased with the court’s decision, and will continue to protect the interest of investors in the marketplace’

Attorney General Letitia James said.

Attorney James is the one who filed a lawsuit accusing Bitfinex of using the reserves of Tether, an affiliated company, to cover up their loss to a Panamanian payment processor.

‘We will respect the court’s order. We have no further comment on this matter at this time’,

Stuart Hoegner said, Bitfinex’s general counsel.

Bitfinex is a known cryptocurrency exchange that is owned and operated by iFinex. Even before this issue, the company also lost about $400,000 in 2015 and $73 million in 2016 due to hacking schemes.

It is also a company known as a peer-to-peer Bitcoin exchange that offers digital asset trading services around the world.

Challenges in Running a Cryptocurrency Exchange

There are a lot of things to consider when it comes to operating a cryptocurrency exchange. You need to consider the regulation in the country you operate in and even the level of security you can provide to your customers.

The regulations concerning crypto can vary from being too strict or nothing at all. There are also a lot of government officials who are considering stronger anti-money laundering laws. As a matter of fact, the Crypto-Currency Act of 2020 was already introduced by Paul Gosar, a Republican from Arizona. It is a proposed bill that helps the government regulate crypto transactions.

In addition, regulations are also always subject to change. It may also cost a lot to pay for a professional to help understand and verify AML (anti-money laundering) documentation from customers. Failing to do so may lead to expensive fines or might even cause the platform to shut down.

An AML is a set of laws, regulations, and procedures specially designed to stop people from generating income through illegal means.

Another challenge is maintaining consumer traffic while providing a user experience that pleases everyone. Aside from having good exchange rates, customers also want to make sure that the funds are safe from inside operators and hackers. This is also the reason why the crypto market has one of the most active customer service support.

However, even if there are a lot of challenges to face, most cryptocurrency exchange companies are willing to take the risk because of the increasing crypto users, especially Bitcoin owners.

The Value of Gold

On the other hand, Michael Novogratz advised investors to own more gold than Bitcoin. Novogratz is also the one who predicted the possibility of BTC hitting the $20,000 by the end of 2020.

‘My sense is that Bitcoin way outperforms gold, but I would tell people to have a lot less Bitcoin than they have gold, just because of the volatility. Bitcoin is still hard to buy. If it was easier to buy, it would be a lot higher. And there are more and more people making it easier to buy: funds being set up, custodies being done, at one point we’ll get an ETF’,

Novogratz said.

He also stated that Bitcoin is still in the early adoption cycle which makes it difficult to obtain. But if more digital currency tools are introduced in the market, there is a big possibility for mass adoption to crypto.

Amidst the COVID-19 outbreak, the value of gold broke its $1,800 threshold. It is also the highest recorded price since 2011. The spike in the value of gold is said to be the result of economic fear because of the pandemic.

Mining Investment

It was also reported that small companies who are planning to invest in mining equipment might totally result in a positive outcome. Even after the Bitcoin halving event, the miners are indicating an optimistic look for the crypto industry.

‘Mining is a business that is absolute in the key numbers, so it’s simply a question of assessing profitability on an ongoing basis. While difficulty and hash rate is variable and closely related, we can assume that both will increase over time. If the Bitcoin price rises significantly, we can also be quite confident that they will rise much faster’,

Jason Deane said, an advisor and financial analyst.

‘It all comes down to cost and protecting position — if you can secure power that ensures your breakeven is very low, say $6,000 or less per Bitcoin, then you have good insurance against whatever comes next’,

he added.

September 7, 2020
Blockchainsation
Blockchainsation is the biggest Blockchain and Cryptocurrency related event in the region. It is 3 days of fun, blockchain and crypto experts, networking, useful knowledge, relaxation, and much more in the heart of Slovenia. It will take place from 14^th – 16^th of May 2021 in a beautiful city of Laško in Slovenia.

Blockchainsation slogan is: “…more than a conference”, and by the words of Roman Berginc, CEO of All About Crypto who is main organizer of the event, it will be more than a conference.

“On every conference I expect: useful knowledge, new connections, lots of fun and good food. Think about how many conferences did you attend lately that gave you all of that? Well whole event preparation is focused in providing you at least those few. But I’m pretty sure you will get much more.”

In this 3 day event attendees will have a chance to get a detailed view on what exactly is happening in Blockchain and Cryptocurrency world lately.
- What is the status of various ICO projects?
- Which are the working solutions that came out and people can utilize already?
- How the industry has evolved?
- Where are we going / what’s next?
- Where are we already using blockchain and why?
- Is there a use case of implementing blockchain solution in my industry?
- …and much, much more.
Event will be happening on multiple stages, so it will be easy to select a theme that is of attendee’s best interest.

Large role in event dynamics will be provided by event partners and exhibitors who will showcase their products and solutions and provide detailed information about it, so everyone will have a chance to get their questions answered directly from the experts.

Blockchainsation will provide plenty of time also to connect with other people and have a chat at our social event or schedule a meeting using match-making tool, which does not only provide information about the person, but also helps you in checking how good your potential cooperation could be using specialized system for performing these checks. Details about it will be explained in one of upcoming interviews.

Besides all that, as stated already on the start, the goal is, that after event, every –ones words will be “Well, this was really more than a conference”.

For further info check links below

Website: https://blockchainsation.com/

Contact: info@blockchainsation.com

YouTube: https://www.youtube.com/channel/UCWbgl6ikTpCXI5fFK_-wRpQ

Facebook: https://www.facebook.com/blockchainsation/

LinkedIn: https://www.linkedin.com/company/blockchainsation/

Twitter: https://twitter.com/Blockchainsati1
September 3, 2020