Bitcoin Down, SEC & Enigma, Bitcoin Gold, Coinbase Visa Card & Altcoins Analysis! Bitcoin is halving, altcoins are mooning! Ethereum 2.0 is on the corner. Blockchain bull market is about to come!
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Bitcoin & Altcoins Daily Analysis: 19 February 2020. We will talk about Bitcoin(BTC), altcoins, biggest movers & losers and much more!
What is the ICX Coin?
Before I start looking at some ICX Coin predictions, it would first make sense to briefly discuss what ICX Coin actually is. ICX Coin is the cryptocurrency that is native to the ICON network. It’s kind of like Ether for the Ethereum network, as many of the functions taking place on the ICON cryptocurrency network must be paid for using the ICX currency. The ICON network has been in development for 2 years. It was created by the Dayli Financial Group. The Dayli Financial Group is a Korean firm that specializes in financial innovation and technology. If you’ve ever used the exchange Coinone, you might recognize the company’s name. They actually own the Korean platform that allows users to buy and sell various cryptocurrencies. The idea behind the ICON network is to “hyperconnect the world”. The Dayli Financial Group is on a mission to build the largest decentralized network the planet has ever known. The team behind ICON is trying to create a platform for users to interact between different blockchains. This interaction will be done using complex smart contracts.
ABCC token & Exchange:
ABCC, a lesser known exchange, was founded in mid-2018 and has managed to slowly but surely build a successful exchange. The exchange has proven itself a worthy competitor for many established players, offering users a suite of attractive features on a convenient and accessible platform, alongside a recent update to their own token token - AT - which introduced a revenue distribution program, similar to Kucoin's KCS. Sign-up to ABCC is super quick and easy and no KYC is required to start trading - for many users, this is a big bonus - for others, a regulatory risk. ABCC sports one of the best exchange websites in the industry, and its exchange platform is easy to navigate and use. They also offer "ABCC Cloud", an exchange startup service, which provides an off-the-shelf exchange platform, trade matching engine and all operations required to run an exchange business. We would not be surprised to hear if many of the generic exchanges - Bibox, DragonEx, ZB and co - launched using this exact service.
Bitcoin & Altcoins Daily Analysis: 18 February 2020. We will talk about Bitcoin(BTC), altcoins, biggest movers & losers and much more!
What is ADA(Cardano)?
The Cardano (ADA) network has seen its network activity steadily rise this year, with metrics such as the number of daily active addresses, the total number of addresses, and the number of transactions all going up.
✅Initial release date: 2015
✅Programming language: Haskell
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.