Altcoin 8/2/2019

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Global Macro Investors and Real Vision Group founder Raoul Pal believes that rewards far outweigh the risks for Bitcoin in the long-term. According to him, Bitcoin can hit $8 trillion in market capitalization in the future compared to its current market capitalization of about $187 billion. He does not expect any other asset class to provide such astronomical returns.

Bitcoin Cash Analysis: BCH Sighting Upside Break Above $340 [livebitcoinnews.com]

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Bitcoin cash price is slowly rising after testing the $300 support area against the US Dollar.
The price is facing a crucial resistance near the $338 and $340 resistance levels.
There is a major bullish trend line forming with support near $313 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair remains in a strong uptrend and it might continue to rise above $340 in the coming sessions.

나흘 뒤(8월5일) 라이트코인 반감기가 온다 [coindeskkorea]

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하지만 채굴 보상이 절반으로 줄어들면 인플레이션도 현재 연간 8.4%에서 4% 수준으로 낮아지므로 장기적으로는 채굴에 드는 비용도 줄어들게 된다. 수익(채굴 보상)이 줄지만 비용도 낮아지기 때문에, 채굴자들이 다시 라이트코인 네트워크로 돌아오면 해시레이트는 높아져 반감기 이전과 비슷한 수준에서 새로운 균형점을 찾을 것이다. 4년 전에는 라이트코인의 해시레이트가 반감기를 앞두고 15% 낮아졌다가 반감기 이후 2주 동안 서서히 원래 수준을 회복한 바 있다.

브레이브, 트위터 유저 위한 암호화폐 팁 서비스 시행 [decenter]

1일(현지시간) 브레이브는 공식 채널을 통해 “브레이브 사용자가 BAT 토큰을 활용해 트위터 콘텐츠 제공자 개인에게 직접 팁을 줄 수 있는 서비스를 출시했다”며 “브레이브의 크리에이터 프로그램을 사용하는 검증된 콘텐츠 제공자에게는 매달 정기적으로 팁을 보낼 수도 있다”고 설명했다. 브레이브 팁 서비스는 현재 유튜브, 트위터에서 사용이 가능하며 향후 레딧(Reddit), 깃허브(GitHub), 비메오(Vimeo)도 지원할 예정이다.

This Week in Cryptocurrency: August 2nd, 2019 [coincentral]

Bitcoin made a comeback this week, challenging the bearish positions of the past two weeks. A few other digital assets saw some gains in price or held their positions. Tezos had a beast of a week with a 42% gain. However, the slight majority of cryptocurrency assets continued their slow downward trends.

The Winners:

메디블록, 바이낸스 체인 합류…연말 토큰 발행 [dstreet.io]

메디블록에서는 MEDB를 메디블록의 메인넷 코인인 MED와 1대1로 교환할 수 있다고 밝혔다. 이를 통해 향후 메디블록 코인의 유동성을 높일 계획이다.
메디블록은 또한 MEDB를 바이낸스 덱스(DEX)에서 거래할 수 있도록 제안서를 제출할 예정이다. 거래가 승인되면 MED도 바이낸스 덱스에서 거래할 수 있다.

Crypto Exchange OKEx’s Token OKB Muscles Its Way to a New 2019 High [cryptoglobe]

The fee schedule the exchange announced will only be effective on August 7, which suggests the cryptocurrency’s price may be rising as users start accumulating. The fee discounts, however, only apply to OKEx’s Tier 1 users – those whose 30 day trading volume is of less than 1,000 BTC ($10.5 million).

Gap between Bitcoin and Ethereum transaction volumes narrows as stablecoin demand soars [theblockcrypto.com]

The disparity between Bitcoin and Ethereum economic activity falls by 50% when taking stablecoin volumes into account
As of July 26, total Ethereum stablecoin transaction volume surpassed Ether transaction volume for the first time, indicating that Ether’s role as the network’s long-term primary medium of exchange is in doubt

BITHUMB BRINGS KOREA INTO EOS GOVERNMENT [ccn.com]

“One of the important characteristics of EOS is that those who hold EOS can elect EOS block producers by voting. However, according to various channels including Bloks.io there are no main BPs among the users in EOS community who actively work in Korea as of 8. [1], 2019. This is unusual considering that approximately 10% of the entire amount of EOS issued are circulated in Korea, which implies that most EOS holders in Korea are excluded from the EOS eco.”

THE STOCK MARKET CRASH IS COMING. HERE’S HOW TO PREPARE [ccn.com]

With the stock market at its second most expensive valuation ever, and under some heavy selling pressure this week, it is a good idea for investors to know how to hedge their portfolios against a correction or a crash.