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1btcash.com 1BTCASH Return 50X in 5 Hours Min 0.05 btc

How to invest?

Investing in our website is simple. First of all you need to fill deposit form (available here) providing your Bitcoin wallet address where you wish to receive investment profit, your email address and amount of your deposit. Remember to carefully provide deposit amount because in the next step (payment form) you will got special deposit address where bitcoins need to be send WITH EXACT AMOUNT shown on payment form. Thats all! After sending bitcoins you will se information that transaction is completed and you can go back or close page.

How to get profit?

Profit payouts are automatically paid after 5 hours, you do not need to do anything. There may be some delay when profit arrives at your wallet because of network confirmations (that could take up to 20 minutes).

Why your new investment is not visible?

After making investment and payment your deposit transaction will be visible after 6 confirmations from bitcoin network. Remember that transactions sent with low provision will receive confirmations slowly, so we recommend to always give proper provision according yo your Bitcon Wallet (eg. Electrum, Armory or any ither such as online wallets, stock exchanges wallets etc.).

What means Bitcoin Doubler profit (5000% profit) in 5 hours?

It means that you will receive profit that is two times greather that your deposit. For example, when you make deposit of 0.05 BTC you will receive 2.5 BTC after 5 hours. You will also receive some more satoshi according to payment form. Other words – you will receive 50x investment in time of 5 hours.

How much can you invest?

There is limit of maximum 10 Bitcoin per transaction, minimum investment limit is 0.05. Please remember that transactions less than 0.05 BTC may not be credited . There is no transactions limits per user – you can make as many transactions as you want (every with maximum 10 BTC limit) – that gives you opportunity to invest more than 10 Bitcon in short period of time.

What is “status” shown on your investitions list?

Every user that make much transactions or use some promotions made by us can increase hes status what gives faster profit payouts, more percent profit and access to other investment options.

http://www.1btcash.com/

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HighInvestmentProgram.com – 500% ROI daily for 5 days

Welcome to Highinvestmentprogram.com. Our goal is providing a solid and safe investment without risk. Then With Highinvestmentprogram.com, you can stay focused on what matters to your long-term success. Since our founding, Highinvestmentprogram.com has been fiercely committed to several principles that guide our fund management, our investment programs, and the financial advice we give our clients. Together, these beliefs make up our distinct investment philosophy, which is the key to our and our clients’ ongoing success.

They are online for some years.  Never missing payment.

http://www.highinvestmentprogram.com/

They always add new payment proof

http://www.highinvestmentprogram.com/paymentproof.html

 

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‘Big Growth Opportunity’: Billionaire Builds USD 1Bn Crypto Venture

Elwood Asset Management, owned by billionaire investor Alan Howard, is building a new crypto investment platform for institutional investors, The Financial Times reported, citing CEO Bin Ren.

He sees this as a “very big growth opportunity” and hopes that the platform could eventually manage over USD 1bn of assets, the report said, adding that details of Elwood’s new fund have not been finalized.

However, it is already known that the system would design portfolios for each investor, based on their risk preferences, expected returns and the liquidity terms they want. It will also measure the potential correlation with other assets they own, according to the report. It noted that Elwood would then apply its own fee, in addition to the fees investors pay to access the underlying funds.

According to Ren, they have already identified up to 50 crypto hedge funds that “probably satisfy our due diligence”.

As reported in March, Elwood Asset Management, which also manages the personal crypto assets of Howard, is planning to launch a range of regulated investment products to lure more institutions into the crypto space.

The company plans “products that will cover the full spectrum of crypto-assets,” including direct exposure to major cryptocurrencies like Bitcoin and Ethereum. The company has already launched an exchange traded fund (ETF) that invests in companies involved with Blockchain technology, although they have so far avoided direct exposure to crypto assets.

Howard, who made sizable personal investments in cryptocurrencies in 2017, last year was one of the most high-profile investors participating in EOS’ “strategic investment round.” He has been ranked by Forbes as one of the 40 highest-earning hedge fund managers in the world, with a net worth of USD 1.35 billion (in 2018.)

The crypto hedge fund market:

(May 2019)

  • It is estimated that there are 150 active crypto hedge funds collectively managing USD 1 billion in assets (excluding crypto index funds and crypto venture capital funds)
  • Over 60% of these funds have less than USD 10 million in assets under management (AuM) with fewer than 10% managing over USD 50 million
  • The average crypto hedge fund AuM as of Q1 2019 is USD 21.9 million
  • The median AuM of funds as of Q1 2019 (USD 4.3m) is 3X that of the median AuM at fund launch (USD 1.2m -January 2018), which indicates that funds have been relatively successful at fundraising despite difficult market conditions
  • 52% of funds use an independent custodian, yet only 25% have independent directors on their board
  • The average size of fund team is 7-8 people
  • Typical crypto fund investment professionals have between 3-4 years of investment management experience
  • The majority of crypto hedge fund managers tend to be based in the United States (64%
  • The median fund returned -46% in 2018 vs a Bitcoin benchmark of -72%
  • The average fees for crypto hedge funds are 1.72% management fee and 23.5% performance fee

https://cryptonews.com/news/billionaire-investor-s-firm-builds-usd-1bn-crypto-venture-4550.htm

 

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Crypto Exchange: Taiwan to Become Libra’s Chinese-language Capital

A Taiwanese cryptocurrency exchange wants to join Facebook’s Libra Association – and believes that Taiwan will become Libra’s de facto center of gravity in Chinese-speaking countries.

Per a report from the Taipei Times, Taipei-based exchange MaiCoin is hoping to be unveiled as a new association member by the year’s end. The exchange says it wants to operate a node on the Libra blockchain platform.

The news outlet quotes MaiCoin CEO Alex Liu as saying that even though companies like Binance (now headquartered in Malta, but originally based in Mainland China) are already vying for association membership, Taiwan would be a more logical location for a Libra node.

Liu noted that Facebook remains blocked in Mainland China, but is accessible in Taiwan, meaning that “Taiwanese firms have a better chance of being trusted” by Facebook.

Liu also opined that “Taiwanese exchanges are more likely to take the lead in Chinese-speaking regions” than companies with links to the mainland, and suggested that “money would not be a key factor for the Libra Association when choosing members.”

The CEO also claimed that Facebook said it was “confident of building a local user base of more than 20 million people.”

The company would possibly need to obtain regulatory approval from the country’s Financial Supervisory Commission (FSC) should it wish to offer Libra-Taiwanese dollar pairings.

Meanwhile, earlier this week, the Winkelvoss twins, co-founders of the New York-based Gemini exchange, hinted that they may be prepared to put a long-running feud with Facebook behind them and join the Libra Association, which now has 28 members.

In an interview with CNN, the twins claimed they have “been in talks with Facebook about joining” the association.

Even if it does not join, the Gemini exchange could be set to work with the social network in some capacity.

CNN said that the Winklevoss twins are “waiting to learn more about the project before deciding whether to join the association or to list Libra on the Gemini exchange, which they said is another possibility.”

According to Tyler Winklevoss, “Facebook was a dispute, but it didn’t really define who we were as people.”

After going to Harvard University with Mark Zuckerberg, now Facebook CEO, the Winklevoss sued him for stealing their idea for a social network. The twins eventually won a USD 65 million settlement in cash and Facebook shares.

According to the Libra whitepaper, they hope to have approximately 100 members of the Libra Association by the target launch in the first half of 2020. Also, in order to join the Association companies are obliged to pay at least USD 10 million, which also gives a right to become one of validator nodes that “have the ultimate power” in making decisions about the project. However, in July, Facebook confirmed that until now all investments in Libra were made by Facebook only.

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Huobi and Abra Keep Their Crypto Baskets as Coinbase Bundle Closed

Crypto baskets were the hot trend of the end of 2018, and multiple companies started offering their own crypto bundles. But we haven’t heard a lot about them since. Huobi, Abra and OKEx replied to our requests for comment.

As a reminder, crypto baskets come with a select suit of coins that are often weighted against the market, which means that the percentage of market dominance is also often the percentage that the coin makes up in a user’s bundle. It’s meant to make things easier for the users and lower the risks.

U.S.-based cryptocurrency exchange Coinbase and a popular digital currency wallet and exchange Abra, announced their respective bundles within days of each other in 2018. Coinbase offered its Coinbase Bundle, with five tokens within the basket. However, as it was recently reported, Coinbase quietly removed its Bundle product less than a year since its launch. Their reason for discontinuing the bundles is unknown and the company haven’t replied to our request for comment.

What about the other baskets then?

Singapore-based crypto exchange Huobi was more open about their HB10 Index and its digital asset HB10, that help to invest in 10 coins.

Since its launch in June 2018, “we’ve reconstituted and rebalanced our HB10 product 5 times and it still works well”, a spokesperson of the company toldCryptonews.com, adding that just recently, their average daily trading volume was USDT 955,430.

“It’s been a good fit for certain types of client”, the spokesperson said, adding that ”Traders with very high risk appetite may prefer to trade in tokens that give them a chance at higher returns. However, HB10 it is popular amongst traders coming from traditional institutional markets because its overall volatility rate is small as compared with other single coins, its risk diversification effect is significant, and its overall price performance is stable.”

HB10’s initial net value upon its launch on June 11th, 2018 was USDT 0.9158, while its latest net value is USDT 0.6757. Its asset size stands at USDT 36,7 million, according to their website. The HB10 Index consists of BTC, BCH, BSV, EOS, HT, ETC, XRP, ETH, LTC, ADA.

Meanwhile, the aforementioned Abra, in cooperation with Bitwise Asset Management, provides Bitwise 10 (BIT10) index, which tracks the price of 10 coins. There is a USD 5 minimum investment, no restrictions on entry or exit timing, and no fees. Since June 6th though, Abra no longer offers BIT10 in the United States because of regulatory uncertainty in its market. Nonetheless, Abra told Cryptonews.com that it’s “seeing solid growth” for this product among the international users. “It’s a great option for retail investors because it gives them a simple way to get exposure to the crypto market and benefit from the diversification and rebalancing of index investing”, Abra explained without providing any numbers. Just a week ago, due to regulatory uncertainty, the crypto wallet was forced to make changes that impact its U.S. customers.

Bitwise 10 Large Cap Crypto Index is rebalanced each month and now includes BTC, ETH, XRP, LTC, BCH, EOS, XMR, XLM, DASH, ADA.

Also last year, major crypto-to-crypto exchange OKEx introduced its two indices, OK05 and OK06. However, it serves as an index only in providing a benchmark of the market.

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LG Electronics and Unicorn Could Create Cryptography Companies

The cryptocurrency scene in East Asia could soon host two new Great Success players, namely South Korean mobile telecom provider Toss and electronics giant LG.

According to a Newsway report, Toss is one of three mobile phone companies waiting for a securities trading license from the Financial Services Commission (FSC) in South Korea. The Toss app has about 12 million active users and last year the company got a unicorn. The company’s financial sponsors include PayPal and COME VC in the United States and South Korea.

If the report states that Toss has been approved by the FSC, it is “very likely” that the company will move “into an area that includes investments in cryptocurrency”.

I will submit your request to the FSC on May 30 and the regulator will announce its decision at the end of July. Korea Foss Securities and Cocoa Group’s KakaoPay subsidiary are the other two companies that ask the FSC to handle securities issues. Member of the Government Council of X Klaytn, and it is known that the entire cocoa group is interested in blockchain technology and activities based on cryptocurrency.

1xBit
Meanwhile, LG Electronics is filing a patent on the so-called ThinkQ wallet for an application registered with the US Patent and Trademark Office. The company already offers a wide range of products, smartphones, applications and services. with IoT compatible in your THINQ offer extension as per presentation includes LG products and services recently added to your wallet application:

Cryptocurrency for mobile electronic purse pairs.
Question of the virtual currency.
Provide multiple payment options via customer-managed electronic terminals on the site available in retail stores
Electronic bill payment services.
Yesterday, Cryptonews.com announced the portfolio reported by the Samsung blockchain. You will see a range of new DAPPS for AVAILABLE users of the company’s SMART Galaxy S10 phones.

The company will use its own blockchain platform, Monachain, and will conduct its operations in South Korea. Beginning of the Sayit Blockchain.

As already mentioned, LG is working with a KB bank in Payment Platform, which seems to endanger LG’s jet.

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Bitcoin predicts a parabolic jump of nearly $ 14,000, an increase of 320% since December, as the euphoria sets in

A cryptographic winter for digital assets has given way to a white summer.
The world’s # 1 cryptocurrency reached its highest level in about 17 months on Wednesday, rising to almost 60% in June.
At the peak of the day, Bitcoin BTCM19, -6.91%, a daily high of CME Group Inc. reached -3.17% to $ 13,680, according to FactSet.
BTCUSD bitcoin prices, + 1.39% on CoinDesk, also jumped over $ 13,000. But on Wednesday after the crash of the Coinbase website, prices dropped by more than $ 1,700 in just a few minutes. The site was online again Wednesday night and priced at $ 12,400.
Bitcoin, the 2009 digital coin, generated a market value of $ 237 billion, the total amount of Bitcoin in circulation. Wednesday’s rally means that Bitcoin now represents 62.6% of all digital currencies collected on the CoinMarketCap.com data website. At its peak on December 16, 2017, Bitcoin’s market value was $ 326.5 billion.
About do not know what has pushed the price of Bitcoin on the rise lately, but after the values ​​at unintir in December have reached $ 194.96 3, assets rebound, 319% rise.
Bepaalde market participants point out the increase in investment volume in the bitcoin, suggesting a growing appetite for cryptographic assets, while institutional investors, traditional companies include cryptography projects launched.
Michael Moro, CEO of Genesis Global Trading, the digital currency trading platform, said in e-mailed comments, “Volumes are two to three times higher than 12 months ago.”
“While this increase and volume is due to the increased activity of our usual buyers of hedge funds and family offices, we have created a new and interesting group of buyers: Private School Foundations, which supports the spread of Bitcoin and Crypto,” he said.
The game Libra proposed by Facebook Inc., -0.62%, use blockchain, digital registry technology crypto currencies, which underlies the bitcoin underlying a digital currency like the social media giant and its dozens to create Uber Technologies Inc. UBER, -1.37% Visa Inc. V, -0.13% MasterCard Inc. MA, + 0.60% in PayPal Holdings Inc. PYPL, -0.25%, Hope is becoming a global payment system.
This has generally been seen as an implicit acknowledgment of technology blockchain and, to a lesser extent, cryptographic assets that were developed digitally for the first time over ten years ago, when a person or people known as Satoshi Nakamoto have struck the first Bitcoin ,
However, the strong recovery has led some crypto experts to be cautious with early investors.
Jeff Dorman, chief investment officer of the company’s management of cryptographic Arca Investments, told Marketwatch that the parabolic rise of bitcoin in June gave the impression that the asset was now “overbought and had to fall while red”.
“We’re seeing a lot of signs and they’re all overbought,” Dorman said.
Thomas Lee Fundstrat, a popular crypto bull, said last week that he is tracing the rising prices of bitcoins to investors ‘FOMO’ u missed the fear of the operator. He predicts that prices will eventually reach $ 40,000. Lee made a series of false predictions for Bitcoin in 2018.
Bitcoin futures have risen 270% since the beginning of the year, and Bitcoin-indexed assets have also risen.
Graustufen Investments, a subsidiary of Digital Currency Group, is betting the greyscale bitcoin trust GBTC, a popular way managed on bitcoin, to raise 325% in the premium 2019 semester.
By comparison, the DJIA Dow Jones Industrial Average rose, -0.04% to 14% this year, the S & P 500 SPX jumped -0.12% to 16.5%, while the Nasdaq Composite COMP Index, + 0, 32% reported 19.3% in 2019 on Wednesday afternoon, according to FactSet data.

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Coinbase Leads the ‘Most Trusted’ Exchanges Ranking, Binance is 8th

By Sead Fadilpašić

Below, is the top 10 “most trusted and reliable exchanges” “for investors and traders who want to identify the best venues for their risk appetite,” ranked by crypto market data provider CryptoCompare.

Today, the company launched its inaugural Exchange Benchmark in response to the problem of wash trading and inflating volume through incentivized trading schemes.

Here is how they have ranked the “most trusted and reliable exchanges”:

  • 1. Coinbase – grade AA, total: 60.30
  • 2. Poloniex – grade AA, total: 59.90
  • 3. Bitstamp – grade AA, total: 59.60
  • 4. bitFlyer – grade AA, total: 57.20
  • 5. Liquid – grade AA, total: 56.30
  • 6. itBit – grade AA, total: 56.0
  • 7. Kraken – grade A, total: 54.10
  • 8. Binance – grade A, total: 54.0
  • 9. Gemini – grade A, total: 53.20
  • 10. Bithumb – grade A, total: 53.10

The ranking components include: geography, legal/regulatory, investment, team/company, data provision, trade surveillance, and market quality. We see that exchanges in the top 10 category have received either AA or A grade, and all are in the 50-59 score range, save for Coinbase that is just above 60, though the differences in scores between an exchange and the one that immediately follows or precedes it is small. While most of these are relatively strong in the investments and market quality categories, certain points have been lacking in the geography and trade surveillance categories.

There are ten exchanges, ranking 101 to 110, that have received the F grade. These are: Upbit Singapore (17.90), Coinroom (17.40), Yobit (17.20),Bit-M (16.90), AidosMarket (16.00), IQFinex (15.10),Ethermium (14.60), CryptoExchangeWS (13.10),LiveCoin (13.00), FatBTC (11.20) – all significantly lacking in the legal category. However, according to CryptoCompare, Exchange Benchmark indicates that the exchanges who got C-F grades have increased market share by 30% in the last 12 months.

Meanwhile, one of the top rated exchanges, the U.S.-based Poloniex, faces a backlash from the community that is unsatisfied with their risk management, and they might even face lawsuits. However, news about the exchange’s problems surfaced in June, while CryptoCompare based its rankings on data collected in May.

Also, following a number of unfortunate events, Coinbase got into the #DeleteCoinbase crisis earlier this year.

Overall, the Benchmark is ranking 110 active spot exchanges globally, “offering investors and traders a comprehensive, granular and reliable source of information on the best trading venues”, according to CryptoCompare.

The ranking methodology is comprised of a combination of:

  • 34 qualitative metrics – due diligence checks consisting of six main categories designed to rate each exchange qualitatively on the basis of the above-stated ranking components;
  • and quantitative metrics – measuring market quality through a combination of five metrics the objective of which is to measure the cost to trade, liquidity, market stability, behavior towards sentiment, and “natural” trading behavior.

Trading volume is not used directly in the ranking, as volumes can be easily manipulated, CryptoCompare concludes, and any untrusted exchange can provide false data.

Finally, “Metrics were categorized into several buckets and distributed fairly,” they explain, “to arrive at a final robust score, ensuring that no one metric overly influences the overall exchange ranking.”

Meanwhile, just recently, it was also reported that only 10 out of 83 cryptocurrency exchanges, analyzed by crypto investment company Bitwise Asset Management, passed a test aimed to show if they were reporting systematically inflated bitcoin trading volumes. Out of the above mentioned exchanges, seven were on the “passed” list to: Poloniex, Bitstamp, BitFlyer, itBit, Kraken, Binance, and Gemini.

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Soared 160% in 5 months, where did Bitcoin’s madness start this year?

Since the beginning of 2019, the price of bitcoin has been “all the way to the north”. Since the beginning of the year, it has risen from 3,300 US dollars per piece to the current 8500 US dollars per piece. In just five months, the increase rate is as high as 160%, which has regained the last year of a bear market. The full decline in the last 7 months.
Although for the “super-emerging market” of digital currency, traditional financial people often ridicule their lack of logic, price volatility is terrible and there is always no valid explanation. The inefficient market pricing leads to news-to-price feedback. “random”. But since the beginning of 2019, this wave of bitcoin has not been accidental.

In February of this year, Grin and Beam were officially released under a privacy policy called MimbleWimble’s new privacy protection protocol, which verifies the sender’s and recipient’s private keys without transmitting any information. While the identity of both parties to the transaction is kept secret, the transaction is almost impossible to track, which is the best of both worlds. With Li Qiwei’s announcement of the plan to introduce the MimbleWimble privacy agreement in the Litecoin upgrade, the price of Litecoin has risen sharply. Since the digital currency world has always had “bit gold, Wright silver”, the motivation behind the creation of Litecoin is to improve bitcoin. Bitcoin also benefits indirectly.
After the currency restarted the Launchpad crowdfunding platform and completed the fundraising of the two projects of BitTorrent and Fetch.AI, the currency platform BNB went out of a wave of explosions. Subsequently, the concept of IEO suddenly sprang up, Prime, JumpStar, stellar plan… The “preferred” platform of each project rose from the ground up and became a new phenomenon-level hotspot in the cryptocurrency market. The attention and participation of the entire digital currency market ushered in Another wave of climax in the first half of this year.

The interest of traditional “giant” companies in the fast-growing digital currency ecology has also given considerable support to Bitcoin, a market-represented currency. In the list of companies that have already laid out or decided to participate in the ecological layout of the digital currency market, we can see leaders in various industries such as Facebook, Disney, Nike, Samsung and Fidelity. Among them, Facebook has announced that it will officially release its own digital currency GlobalCoin in the first quarter of next year; Samsung has built a hardware wallet in the flagship model S10 in the first half of this year, and is developing a blockchain main network based on Ethereum, which is likely to become The technical reserve of the currency; and recently the telecommunications giant AT&T also announced that it began accepting payments in digital currency.

Furthermore, the market still has some expectations for bitcoin ETFs such as VanEck / SolidX that have been postponed many times. US Securities and Exchange Commission Commissioner Hester Peirce said in an interview at the 2019 New York Consensus Conference that the time is now ripe for the approval of Bitcoin exchange-traded funds, and that each application may be approved, but the SEC still has some issues to solve. Such as market manipulation and asset custody. And because the US Securities Exchange Act requires the US Securities and Exchange Commission to decide whether to approve an exchange-traded fund within 240 days from the date of registration, if the SEC does not make a decision after 240 days for any reason, the exchange trades. The fund will be automatically approved. Therefore, the market generally believes that we are very likely to see the birth of the first bitcoin exchange-traded fund before October 13 this year.

The lightning network, which appears to be able to provide a more reliable payment solution for Bitcoin, maintains a high-speed growth momentum and provides a very direct boost to Bitcoin’s further strength. The Lightning Network allows for a large number of transactions to be carried out without the Bitcoin network expanding, and the transaction fee is almost zero. More importantly, the lightning network is able to achieve seconds.
As Bitcoin officially broke through the $8,000 mark, market trading volume has continued to soar in recent times, and the arrival of the flood season has also caused miners to “wake up”. Today, bitcoin continues to occupy the headlines of major websites. The bear market atmosphere of the past year is gradually dissipating, and market confidence can be quickly rebuilt. Bitcoin is obviously also “cognitive” by more people in this process, and is thus “recognized” by more people.

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The volume of the three major currencies has reached a new high, and hundreds of altcoins have skyrocketed

In the past few days, the cryptocurrency has risen sharply. Bitcoin has repeatedly broken through the two barriers of 7,000 US dollars and 8,000 US dollars. It once reached 8300 US dollars, and this year, the increase rate exceeded 110%.
As the market soars, the trading volume of trading currencies also rises.

The Odaily Planet Daily found that the overall market trading volume of bitcoin and digital currency has reached record highs. On May 16, the total daily trading volume of the cryptocurrency market hit a new high again, reaching 106.9 billion US dollars. These days’ data have broken through the previous historical highs. On January 5, 2018, the total daily trading volume of the cryptocurrency market reached 70 billion US dollars, a record high.
Among them, BTC, ETH, LTC transaction volume growth is particularly obvious. The Odaily Planet Daily found that among the top 10 currencies of the current market value, the single-day trading volume of BTC, ETH and LTC all broke the historical high.

On May 14, BTC reached US$34.9 billion. Today’s (16th) trading volume was approximately US$32.5 billion, after a record high of US$23.5 billion on January 6, 2018. On May 16, 2019, the ETH transaction volume reached $15.1 billion, exceeding the historical maximum of $9.797 billion on January 11, 2018.
Mainstream currencies are active and trading volume is high

The top ten currencies in the market capitalization, BTC, ETH, LTC trading volume is particularly prominent. As for other cryptocurrencies, such as XRP, the recent trading volume has not broken through the historical high.

Market participants generally believe that an important reason for the increase in trading volume is the increase in market incremental funds, which has led to active market transactions.

“In recent months, it has been a record high. This means that there is a lot of money running into the market.” OKex analysts believe that the main reason for the collective rise in digital currencies came from the rebound of low prices in the previous period before May. After May, due to changes in the global economic situation, the main driving force came from the risk aversion purpose of funds. In the cold winter of the market early this year, the price of many digital currencies has been lower than the average price before the winter. Driven by good news such as IBM, Facebook and other large companies announced to enter the digital currency field, the platform currency rose at the beginning of the year, the market gradually got rid of the pessimism in the bear market some time ago, so the price of digital currency ushered in rising.

Digital currency brokerage 1Token senior analysts believe that BTC is favored for three reasons: First, Bitcoin will be halved again in May next year, according to historical experience, each halving will open a round of halving; second is Institutional investors are running into the market this year. For example, grayscale investment company grayScale Investments, its bitcoin investment trust, hit a new high of $140 million in the year on 5.13, including CME bitcoin futures and Grayscle are strictly regulated. The common investment tools of institutional investors; the third is the impact of trade wars, active funds need to find a way out or hedge, Bitcoin bears part of this function.

The future analysts of the blockchain asset management platform said that the increase in trading volume was mainly caused by quantitative institutions and market makers. He explained that early quantitative institutions and market makers frequently traded in the recent market, causing the total volume of transactions to continue to rise.
The cryptocurrency analyst “No. 7 trader” said, “The skyrocketing market has attracted large funds to enter the market. The entry of large funds has adversely affected the market’s further rise. The market has become dominated by stock funds.

The reason for the surge in LTC transactions, “Seventh Trader” believes that the main reason is that LTC is about to be halved in August this year. The halving of block rewards will lead to an increase in mining costs and a halving of production, which will significantly support the price of Litecoin and its intrinsic value. “LTC is a main line of the first half of the market, halving the market with ‘big pie’ (BTC) to get rid of the $3,000-4,000 area.”