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From the potential for a new upward climb at altcoin to a big boost for the future of Ethereum, here are some of the stories that have erupted in the world of cryptography.
Bitcoin vs. Altcoins
According to Cryptography Analyst Nik Patel, a comparison between Bitcoin price developments and alternative movements of the altcoins indicates that BTC's momentum could slow down and pave the way for a major rally.
Patel told its 71,000 subscribers on Twitter that the BTC's big rally in 2019 had propelled the altcoins to new annual lows in their ratios relative to the BTC. According to Patel, when these ratios were corrected over the last five bullish cycles, the average growth of the altcoins was 617%.
Some fun facts:
– Over the previous 4 cycles of ALTBTC bear, the average withdrawal was 69.7%. The current levy of this ALTBTC bear cycle is 66.5%.
– The average growth recorded over the last 5 bullish cycles ALTBTC was 617%.
– Nik Patel (@cointradernik) May 14, 2019
His fellow analyst, DonAlt, has a similar point of view, claiming that his crew of 95,000 people expect altcoins to play the catch-up game once the Bitcoin wave has cooled.
To all the people who try to shoot the top Bitcoin by shortening it:
Have you thought about longing for altcoins? They capitulate / are capitulating and will most likely explode when BTC is at the top.
In my opinion, there is more money than short-circuiting BTC.
– DonAlt (@CryptoDonAlt) May 11, 2019
Heisenberg Capital, Max Keiser's crypto venture capital firm, is not on the same page.
The company, which has invested in several leading cryptographic companies, such as Bitpay, Kraken, ShapeShift and Bitfinex, said that in the long run, bitcoin will reach $ 100,000 at the expense of all other competing cryptographic assets.
Ethereum
Ethereum creator Vitalik Buterin and ConsenSys founder Joe Lubin donate 1,000 ETH each to MolochDAO, reports the daily newspaper CoinDesk.
MolochDAO is a crowdfunding platform designed to support projects working on Ethereum infrastructure and the creation of Ethereum 2.0.
Ripple and XRP
Hodor, crypto enthusiast, has published a detailed overview of a number of recent developments for Ripple and XRP.
Highlights include adding XRP to the NowPayments payment platform and a comparison between Ripple, Swift and JPM Coin from FXC Intelligence Payments Research Company.
litecoin
The Litecoin Foundation has released an overview of how cryptography users can protect their LTC and other digital assets, including hot and cold portfolio overviews, hardware portfolios, paper portfolios and lost funds recovery. .
Basic principles of cryptocurrency security, storage, and recovery https: //t.co/1CDCflhWqN @theliteschool #Litecoin #Bitcoin pic.twitter.com/tIV8noszFO
– Litecoin Foundation (@LTCFoundation) May 13, 2019
Cardano
In an interview with Consensus 2019, Cardano's creator, Hoskinson, presents his review of the conference and discusses the evolution of cryptographic space since last year.
"I think there is a lot more diversity in space and a pivot to Asia and Europe. And the United States is certainly an important market, but it is not the only market in the field of cryptocurrencies. "
What's up @coindesk? It's time to invite @IOHK_Charles talk to #Consensus! We caught up with @Cardano co-founder, who other than joking about being snubbed also talked about how #blockchain can change the world and many more. https://t.co/dTMWw06r7B pic.twitter.com/9pBpMiSDEx
– BLOCKTV (@BLOCKTVnews) May 14, 2019
Hoskinson also talks about his recent trip to Mongolia and says the country has the potential to launch several blockchain pilot projects. You can view the full interview here.
Tron
Justin Sun says that Tron's integration with the BitTorrent file-sharing platform will be effective in the second quarter of 2019.
Last year, Tron bought BitTorrent for more than $ 100 million and plans to use BitTorrent Token (BTT), a Tron-based digital asset, to reward users who share files on the platform.
#BitTorrent starts on #TRON in Q2. Happy to announce another technology giant with hundreds of millions of users #TRON Ecosys in T2 too. Guess who? To be revealed soon on # Consensus2019
– Justin Sun (@justinsuntron) May 13, 2019
NEO
The NEO team announced the launch of a new $ 100 million effort to promote adoption on the smart contract platform.
The NEOEcoBoost Fund will go to developers and entrepreneurs looking to leverage NEO.
Da: We are excited to unveil #NEOEcoBoost $ 100M financing in NEO's ecosystem! The goal is to activate seed projects, support the growth of development applications, develop the dvlp infrastructure and strengthen institutional collaboration. NEOEcoBoost goes beyond funding, but also technical support, synergy and promotion within the community. pic.twitter.com/G9P8xnpwVo
– NEO Smart Economy (@NEO_Blockchain) May 14, 2019
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