In this video, we will talk about Bitcoin halving & price, ETH & alts + APX(APEX token), KICK token and Arbitrage(ARB token) in 2020.
What is Bitcoin halving?
An event that halves the rate at which new Bitcoins are created. It occurs once every four years. As many know, Bitcoin’s (BTC) supply is finite. Once 21 million coins are generated, the network will stop producing more. That is one of the main reasons Bitcoin is often referred to as “digital gold” — just like with the yellow metal, there is only a limited amount in the world, and someday, all of it will have been extracted. Right now, there are around 18 million BTC in circulation, which is roughly 85% of the total cap — but it doesn’t mean that the cryptocurrency is about to reach its limit any time soon. The reason is the protocol, which has been coded into the blockchain from the very start: Every 210,000 blocks, it performs the so-called Bitcoin “halving” or “halvening,” and producing new coins becomes more difficult — just like in gold mining where finding new deposits becomes more challenging over time. More specifically, the protocol cuts the block reward in half. So, every time a Bitcoin halving occurs, miners begin receiving 50% fewer BTC for verifying transactions.
What is ETH(Ethereum)?
Ethereum is an open source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.
What are alts(altcoins)?
Altcoins are the other cryptocurrencies launched after the success of Bitcoin. Generally, they sell themselves as better alternatives to Bitcoin. The term "altcoins" refers to all cryptocurrencies other than Bitcoin.
What is KICK token? And what is KICK Ecosystem?
KickCoin is a cryptocurrency that will be accepted and used by the projects that are launched on the KICKICO platform (as well as by all its partners). KICK will be primarily used as a payment method on the platform. KICK ECOSYSTEM is a global update to KICKICO.com platform, which will unite both fiat and cryptocurrency worlds in one place. ... KICKEX is a part of the ecosystem and is a cryptocurrency exchange and also is an exchange to sell ICO/STO tokens via newly developed, auction-based token sale model.
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What is Digitex Futures?
Digitex Futures (DGTX) is a non-custodial, commission-free cryptocurrency futures exchange. The use of the DGTX token obviates the need to charge transaction fees because the exchange is able to cover costs by creating and selling DGTX tokens each year. #bitcoin #halving #eth #alts #apx #apex #kick #ecosystem #arbitrage #arb
DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make.
Leading global blockchain news provider. A blockchain, originally block chain, is a growing list of records, called blocks, that are linked using cryptography.