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Director of Business Development for Dash Core Group: “Dash is best positioned to serve as digital money”
Dash is, in my view, the crypto that is best positioned to serve as digital money. This is possible thanks to the interaction of variables, which together create a virtuous circle and complement each other to be P2P digital money: -Dash has an ecosystem powered by the first and largest DAO in the world. This allows communities with resources to build local solutions, all over the world, and in a decentralized way. -The technical capabilities of Dash’s network give it a competitive advantage: Value can be sent in little more than a second, at a cost of 1/20th of a cent, which allows it to be money that can actually be used for payment systems. -The developments that will become tangible in Dash platform, will allow you to continue being a leader in usability and innovation, so it is only a matter of time until more people join to use a crypt that does serve to move value.
In a statement issued this weekend, NEM Group Limited published the final date for the release of the Symbol MainNet update within its network. Finally, it will be December 17 when the MainNet will be available to the public. The statement said the team had been “cautiously optimistic” in securing the dates, mentioning that they had been working on getting a solution that would fit NEM’s needs and actually present an improvement in scalability and security. This upgrade will represent a change in the Blockchain space because “no other platform can offer users the same benefits with an optimized chain for business adoption through the unique features of add-ons and extensions, and without the security risks that complete chains represent.
Bitcoin Core 0.20.1, the new version of this Bitcoin node software, was released on August 1. This new version includes some improvements and bug fixes compared to version 0.20, which was released in June. The main new feature of version 0.20.1 is that it addresses the problem of “discouraged addresses” or users sending incorrect blocks to the network. According to the new rules, the interaction of such nodes with the network is not prohibited, however, they will be classified as “discouraged,” and as a result, their contact with other nodes will be less likely. In spite of the fact that other nodes will be able to connect to “discouraged” nodes, this will happen less frequently than before. The process of discouraging an address does not happen automatically after 24 hours, as it will depend on how successful the future interactions of faulty nodes with the rest will be. Version 0.20.1 has also fixed a notification error that has been present in the client since version 0.19. Notifications are now sent for wallet transactions that are removed from the mempool because they conflict with a new block. 13 contributors have directly taken part in the development of Bitcoin Core 0.20.1, while in version 0.20 119 were involved in this task.
With the Eth2 Validator Launchpad, the Ethereum Foundation has released a tool that will make staking much easier and allow users to earn rewards. The tool will be launched together with the Medalla testnet and will later be integrated in the ETH2 mainnet. Ethereum 2.0 continues to make big steps towards the launch. After it was recently announced that Medalla, the final multi-client testnet before the launch of Ethereum 2.0, will start phase 0 on August 4th, the Ethereum Foundation has now announced the Eth2 Validator Launchpad.
Hoskinson said the current roadmap for the July 29, 2020 fork can be met and that everything is going according to plan.Cardano will launch an ERC20 converter that will allow the migration of ERC20 tokens from the Ethereum network to Cardano.Furthermore, interoperability with other blockchains such as Etherem or Litecoin should be extended, so that Litecoin transactions can be executed also on Cardano. Cardano is still successfully complying with the program, so the bifurcation lasts for July 29th. On August 18th, all Stock Exchange Traders and Pioneers will migrate to Shelley’s Main Network and start producing blocks. This is one of the most important and difficult steps, so Hoskinson marks this date as an important milestone in a new upgrade
Since Ethereum contracts can reach the maximum contract size limit of 24 KB when there are too many features and too much code, a new standard has been developed to help combat this problem. Programmer Nick Mudge revealed on his blog on July 10 that while Vitalik Buterin’s insistence on using “proxy contracts” might be the possible solution to the limitations, a standardized proxy contract he created called the Diamond Standard could be the icing on the cake. Proxy contracts are contracts that can be kept small by borrowing features from other contracts. Mudge noted that standard contracts like the ERC1400 security token standards require many functions and events, so implementing a standard contract could easily reach its limitation. According to Mudge, the Diamond Standard can standardize how programmers can create a small contract by borrowing features from any number of contracts. A contract that implements the Diamond Standard is called a diamond, in order to differentiate it from regular and proxy contracts. In addition to having many different sides and features, it is also reported that the Diamond Standard has a flexible and transparent method of creating upgradeable diamonds.
In the last few days, Ethereum’s trading volume is on its way to reach new record levels.The rapid increase in trading volume could pose serious difficulties for the Ethereum network.Danny Ryan announced a launch date for the ETH 2.0 test network will be announced on Monday. Despite the continued lateral price trend of ETH, the use of the Ethereum (ETH) has been increasing strongly for several weeks. This is shown in the analysis of ETH’s daily transactions. Although these reach an all-time high of around 1.35 million transactions per day in January 2018, new peaks are currently being recorded. Last Friday, around 1,070,000 ETH transactions were executed. So far, the increase in trading volume has not had a clear impact on the price of ETH, which has been struggling with strong resistance at the $250 mark for some time. In the past, it has often been observed that new investors enter the market as transaction volume increases. This has not yet happened, but it could happen in the next few days and have a positive effect on the price of ETH. However, the increase in transactions within the Ethereum network may also create problems. Due to the current technical infrastructure, Ethereum could reach its limits in terms of scalability. On the one hand, transaction costs and therefore the price of gas within the Ethereum network are constantly increasing.
Ether (ETH) is trading at its highest since before the March coronavirus crash, but data suggests that investors have little interest in holding the second-largest cryptocurrency by market capitalization. Uploading findings using on-chain monitoring resource Glassnode on July 10, one trader noticed that Ether exchange balances remain high, while Bitcoin (BTC) balances have dropped considerably.
TRON signs partnership with cryptocurrency payment service company MeconCash to bring TRX and JST to South Korea. TRX and JST will be distributed through 13,000 ATMs in the country and will allow users to withdraw their cryptocurrencies in fiat money. In a press release, TRON revealed its partnership with crypto payment company MeconCash. The partnership will allow MeconCash to distribute the TRX token and the stablecoin JST at 13,000 ATMs throughout South Korea. Users will then be able to withdraw their funds in fiat cash.
Bitcoin’s hashrate has reached a new all-time high above 125 TH/s, according to data from Blockchain.com. It has been 63 days since the Bitcoin halving, in which the reward given to miners for mining a block was reduced by half. Contrary to what skeptics expected, the reduction in rewards from 12.5 to 6.25 BTCs has not pushed the crypto’s hashrate down due to the inability to process transactions. Several factors have contributed to keeping a positive dynamic in the mining sector. For instance, Core Scientific has recently announced it has bought 17,000 Antminer S19 devices from Chinese mining giant Bitmain. In addition, this year we have also seen the launch of Peter Thiel-backed mining company Layer1, which aims to control 30% of the crypto’s hashrate by 2021. In addition, miners are buying new models to replace their older devices. For example, MicroBT’s Whatsminer M30S++ was launched in April and Bitmain’s Antminer S19 Pro in May. In terms of efficiency, these outperform their predecessors by an average of 30%. At the same time, the price of Bitcoin has remained virtually unchanged over the past 2 months. According to Charles Edwards of Capriole Investments, the miners’ increased activity is leading to an increase in the “energy value” of Bitcoin, which should boost its price.
Through a post on its official blog, the popular peer-to-peer trading platform LocalCryptos has announced the decision to include the Dash crypto currency among its offering pairs. “The overwhelming support for a peer-to-peer, non-custodial Dash market did not go under the radar,” the official statement said, referring to the compelling reasons for the decision. The world’s most popular platform for non-custodial P2P trading argued that after a close vote to include the third crypto currency among its offering pairs, Dash should be included in recognition of the thousands of votes it received from ‘all over the world’.
Bit Dream Company and Future X Token announce their future and imminent collaboration in order to join ideas and projects to make this world a better place.
Soon FXTE will be available to trade directly through Bit Dream Company, this great launching news will be accompanied by airdrops and promotions for the acquisition of FXTE, stay tuned for our next releases!Promotions and airdrops only available for BDC members.The Future X Token Whitepaper site: https://www.thefuturewhitepaper.com/
A recent tweet from the cryptanalysis firm Glassnode, made clear the recent increase in transaction volume at the Ethereum Blockchain.According to the revealed graph, almost 100 thousand ETH have been traded in the Blockchain of the most important altcoin of the market, registering an increase of 114% with respect to the volume of the previous day, which registered a little more than 46 thousand ETH transferred.The graph of the average daily volume in Ethereum also shows a recovery of the levels traded in the chain, since last June 14th the lowest value in a month will be registered.With a price already higher than USD 240, Ethereum has seen in the last days a significant increase of the quantitative indicators. Glassnode’s analysis indicates that the block chain shows new quantitative records to increase the balance in the purses, an increase in the number of ‘whales’ and a reduction in the active supply, all of which are signs of an upward trend.
Crypt whales and especially those that manipulate the price of Bitcoin have emerged from the depths in the midst of a rising scenario for the general crypt coin market.According to Whale Alert reports, in the beginning of week 24 corresponding to the period June 8-14, 2020, crypto whales have mobilized just over $600 million in six different assets, with Bitcoin leading with over 50 percent of the movements.The movement of Bitcoin whales was varied between purses of unknown directions and some of the most important crypto currency exchanges such as Coinbase, Bitstamp, OKEx and Binance Exchange.The first transfer reported by the major movement analysis firm, Whale-Alert, was reported on Monday June 8 at 21:14:48 UTC between purses of unknown direction for an amount of 19,999,996 BTC, almost $195 million.Following the previous transaction, two transactions were made almost simultaneously from Coinbase for USD 5,970 BTC and Binance for the amount of 1,210 BTC respectively, closing this Monday with just over 41% of the funds reported in the last two days by Whale Alert.At the close of this post, three additional transactions of smaller amounts of Bitcoin transfers from Binance and Coinbase to wallets at unknown addresses have been reported in the last few hours, for a cumulative amount of 5,575 BTC “usd 54.3M”.
According to the DappRadar website, the decentralized applications (dApps) launched on the Tron Blockchain are the most popular in terms of number of users. The information was revealed by Cryptorank, the crypto-currency analysis firm, through an infographic that placed the best 8 dApps by number of users and transaction volume over USD 50 thousand. As it can be seen, 5 of the 8 places correspond to Tron applications mainly related to the online gambling sphere -gambling-: RocketGame, Wink, Cryptotree, 888Tron and Bitlex. However, the most popular application according to this classification is located in the Ethereum block chain with Forsage, which has about 2600 users. The dApp is a marketing program launched in the ETH block chain with more than 205 thousand participants and a fully open intelligent public network contract.
For this next June 14, 200 the Komodo platform proposes to carry out at the height of the block 1,922,000 its improvement to the version v.0.6.0, to bring the operators of notary nodes to the mining ecosystem of the Blockchain network.After finalizing its annual election of Notary Nodes on May 4, 2020, the platform should run this update called ‘Draconian Snake’ is estimated to be executed when the block 1,922,000 is extracted next June 14, 2020 around 15:00 UTC. In addition to officially adding the newly elected Notary Node operators to the network, the version brings a number of improvements such as optimized synchronization of the Komodo block chain, allowing the faster process of optimizations. In addition, the technical team has updated the dependencies of its consensus algorithm called Delayed Work Proof (dPoW), auditing the source code and ensuring that it is free of critical errors
According to data revealed by cryptomontage analysis firm CryptoRank, DASH continued to show a positive performance in the second quarter of 2020 (+12.8%), after experiencing the best performance since the first quarter of 2017 with +59%. Currently, DASH’s return in the first two quarters of 2020 is +72%, and it has every chance of exceeding not only the results of 2015, but also those of 2019. Although it is still too early to determine whether 2020 will be a different year than the previous two for Krypton currency, so far Dash is reversing the negative trend it has had after its peak annual performance in 2017, when Krypton currency achieved a yield of almost ten thousand percent.
The US bank JP Morgan published a recent study on Bitcoin (BTC) in which it states that digital assets are 25% below their intrinsic value. Many analysts try to measure the fair value of a Bitcoin. Because it is unburdened and governed solely by supply and demand, it is difficult to accurately price the true value of the digital asset. Some believe that the average cost of mining a Bitcoin can be considered a fair value for the digital asset, and many analyst companies try to assess what the cost of mining a Bitcoin is. Although the American bank JP Morgan cannot trade Bitcoin or offer specific cryptomoney services to its clients, the company usually analyzes the digital asset market in its reports. According to the bank’s latest study, which includes an analysis of the post-Bitcoin mining scenario, the asset is well below what can be considered its ‘intrinsic value’.
As the halving hype has now passed for Bitcoin (BTC), altcoins are beginning to regain traction. In that regard, many altcoins have been showing significant movements in the past two weeks. One of the biggest gainers is Theta Token (THETA), which gained 1,000% since the crash on Black Thursday, March 12. The second token of the Theta platform is called Theta Fuel (TFUEL) has also surged more than 1,150% in a matter of one week.
Bit Dream Company incorporates the Dash Staking with an annual 5% from 0.5 DASH being the knot 1,000 coins and a percentage a little higher than 6% per year. Take advantage of this unique service in the market. Coin available on Masternode section.
The Schlesi Testnet was forked last Sunday, paving the way for Ethereum 2.0. Vitalik Buterin raves about the early days of Ethereum and describes that the current situation is similar to the early days of Ethereum 1.0. Ethereum 2.0 is in the starting blocks and the ETH ecosystem is making great progress in the last days and weeks. Even though there was a damper recently that ETH 2.0 will not start at the end of July as expected, Vitalik Buterin recently assured that it will at least start this year and thus finally change from the Proof of Work consensus to Proof of Stake. Another important event on the way to Ethereum 2.0 was announced by Parity developer Afri Schoedon.
In the last 24 hours the price of Deviant has increased dramatically in one of the exchanges where “FEX” is trading a DEV/BTC trade of $4.5 million in volume and a price at the time of publication of $11.58. For now, DEV cannot be deposited on this exchange but can be traded. At Graviex the price started to rise shyly towards $0.01. Although in Coinmarketcap and Coingecko it is marked at a price of $44.79 and $32 respectively. Deviant’s community didn’t make any official statement about it so far, we’ll keep you informed.
While the number of BTCs held by the exchanges has decreased by 11.5% since March, Ethereum (ETH) balances have increased steadily since March 2018, from 5.8 million to 18.6 million in two years.Nearly 17% of Ether’s total supply is currently on the exchanges, valued at over $4 billion.
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Miners have sold less Bitcoin (BTC) over the past seven days as the highly anticipated block reward halving approaches. This means that miners expect the price of Bitcoin to increase substantially over time after the halving occurs. The Bitcoin halving, which is set to occur on Tuesday, occurs approximately every four years. When triggered, it decreases the amount of Bitcoin that miners are rewarded with for their troubles. Since new Bitcoin is introduced to the market by miners selling it, the halving drops the rate in which new Bitcoin is introduced. Given the deflationary nature of Bitcoin, any event that affects its supply will have a significant impact on the price of the asset. In the medium to long term, data shows that miners are confident the halving will push the price up substantially.
Biconomy has launched a beta version of free transactions on the Ethereum blockchain. Synthetix, the second largest DeFi protocol, has introduced a new scaling solution in cooperation with Optimism, which should make the network significantly faster and more secure.
From now on, TRON has a dedicated section in the Samsung Galaxy Store, with applications built with the help of the blockchain. According to a press release shared with iHodl, US and European users using Samsung smartphones now have the ability to experience the next generation of blockchain-based applications directly from their devices. The new section includes applications such as Blockchain Cuties, Super Player, Meerkat Mining, Timeloop and others. TRON founder Justin Sun says the company has enjoyed working with Samsung on integrating TRON’s blockchain technology
Binance recently issued ONT-33D, a token backed 1:1 with ONT coins and hosted on the exchange’s blockchain. https://cointelegraph.com/news/binance-issues-ont-backed-token-for-dex-trading
Since early March Deviant is moving in a range that in recent days is consolidating between 0.006-0.012 $. It may be an ideal time to build up this asset.
“It was in our mutual interest, to further develop and promote the crypto ecosystem,”“The rapid growth in the crypto and blockchain space is evident and the users demand more functions and creative solutions to advance the security, usability, and all-in-one stop.”