Category Archives: BTC

What does a Cryptocurrency Future Look Like?

A cryptocurrency or digital currency is essentially virtual funding managed by sophisticated encryption methods, collectively known as cryptography. It first manifested back in 2009 in the form of bitcoin and subsequently, there have been hundreds more that have followed. While the number of users of Bitcoin has been growing rapidly since its inception, it really became a subject of immense media scrutiny in April of 2013 when it reached a record peak of $266 per coin which was a 10-fold expansion from a previous couple of months. At its peak, Bitcoin retained a market value of up to $2 billion but subsequently sustained a 50% plunge which was more or less the spark to an intense and ongoing debate regarding the idea of a cryptocurrency future in general. Will we one day make the leap from the use of tangible fiscal currencies to virtual currencies that will be traded entirely over the internet? If so, what should we expect? The key factor to look at here is Bitcoin.

Reference: https://cryptocurrencynews.com/daily-news/crypto-news/cryptocurrency-future-look-like/

TRON (TRX) Dogs Mobile Launched Today

Tron Dogs mobile was just launched today and the Tron dogs community is going crazy. It was announced last week, that the mobile version would launch on the 10th of this month but it seems the launch is out a day early. Around the time that it was announced that the mobile version was close to launching, the CEO of game.com announced even bigger news in store for the game. He mentioned that you will be able to “design your dog.” What this actually means remains completely unclear but it is good news for those who have already purchased Tron Dogs. The more functionality of the game, the more users will want to play. From last week alone, the Tron Dogs Telegram community has grown by 100 members.

Reference: https://cryptocurrencynews.com/crypto-games/tron-dogs-mobile-launched/

Cryptocurrency Watch : Bitcore

Bitcore (BTX)

Bitcore (BTX) is a cryptocurrency that is geared towards a payment system. It solves a lot of the issues that other coins like for example Bitcoin have. Most importantly Bitcore is miles ahead in regards of scaling. Bitcore was created in April 2017 by the talented developers of BitSend (BSD). With Bitcore we created a new blockchain, this means that our blockchain is super-tiny with currently less than 400 MB in size unlike the blockchains of Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond and Super Bitcoin which all are 135 GB+ at the moment. We created a snapshot of the Bitcoin blockchain and copied over 5 million balances from the Bitcoin chain to the Bitcore chain, giving each user that had 0.01 BTC on the snapshot date (2nd of November 2017) FREE Bitcore in the ratio of 1 BTC to 0.5 BTX.

Current Price: $26.79 USD
Website: http://bitcore.cc/
Type: Coin
Market Cap: $299,232,748 USD
Circulating Supply: 11,171,612 BTX
Total Supply: 16,798,550 BTX

Blockchain-Friendly Arizona Moves to Allow Bitcoin Tax Payments

Lawmakers in Arizona, a blockchain friendly state, have proposed allowing residents to pay their taxes in bitcoin. State Rep. Jeff Weninger, a co-sponsor for the bill, which the senate finance committee has already passed, said the measure will send a signal to the U.S. and possibly worldwide that Arizona is a place for blockchain and digital currency. The law would enable the ease of being able to pay taxes in the middle of the night or while at home watching TV, Wininger said. In a few years, he said the issue won’t even be a question.

Reference: https://www.ccn.com/bitcoin-friendly-arizona-moves-to-allow-bitcoin-tax-payments/

Bosch Invests in IOTA, Outlines Blockchain Plans

Bosch is a 131-year-old company, yet it’s on the cutting edge of crypto and IOTA’s tangle-style platform. Clearly, the firm desires to go deeper into data rather than stick to its old business model and profit from hardware. Selling data is the future and Bosch views IOTA and autonomous cars as a great way to collect micropayments and information. Add this to the fact the city of Taipai, South Korea is set to use IOTA to turn the city into an app-driven smart city. Its obvious IOTA is really making some waves. IOTA’s data marketplace has been in the making since 2015. Around the same time, IBM spent $2 billion to acquire the Weather Company. The sole reason for the purchase was to get access to data.

Reference: https://www.ccn.com/bosch-bets-big-on-iota/