Read this 10 Crypto News Daily and stay Updated with the Market Situation.

1. Novogratz Is Bullish on Bitcoin Overtaking Gold as a Store of Value, but Admits It Will Take Time.

 

2. SBI Holdings Next Crypto Venture Is Manufacturing Mining Chips.

 

3. Ripple’s Market Cap Further Slips Behind Ethereum as XRP Price Prediction Stalls.

 

4. True Digital Expands Distribution of Its Bitcoin and Ether OTC Reference Rates.

 

5. Western Union Ties Up with Stellar-backed Tunes for Direct Mobile Wallet Transfers.

 

6. Blockchain Financial Plumbing Is Still Years Away, Says LSE Spinoff Exactpro.

 

7. Exclusive: What Litecoin Founder Charlie Lee Thinks Will Drive Crypto Adoption.

 

8. Bitcoin Price Consolidation Continues, Downside Break Looks Likely.

 

9. Central Banks See ‘No Value’ in Issuing Digital Currency: BIS Chief.

 

10. Japan: Yahoo!-Backed Cryptocurrency Exchange Set for May Launch.

 

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How to use leverage on BitMEX.

Leverage simply means that you borrow money for investing in something. There are ups and downs in Day Trading cryptocurrencies. However, if you know what you are doing, then the biggest advantage in bear times is leverage trading on BitMEX for your trades. In the case of the cryptocurrency market, these funds are given by the other traders’ funds as BitMEX is a mercantile peer-to-peer exchange with a smart funding feature. If you analyse the working of the Bitcoin trading sector, then the working mechanism is similar to that of the Forex market.

For instance, when you trade leverage 50:1 in the Forex market, then this means that you can trade 50 times more than the original capital, you should never exceed 10x. The reason is the volatility of the digital currency market and the implemented danger to leverage a trade in high numbers. This would be very difficult for you to judge in the beginning, so you can join us and learn the market trends and trade with almost Zero % loss – https://t.me/freebitmexsignals. The leverage in the digital currency world follows one simple rule, “High leverage can yield high returns,” but there is also a possibility that high leverage can yield heavy losses.

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ETH Gets Direct Support by Abra, the Digital Currency Wallet.

Digital currency wallet and exchange Abra has launched native Ethereum (ETH) support. Easier for users to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the Altcoin as an on-ramp to invest in other Abra-listed crypto and fiat currencies up to over 30 crypto assets and 50 fiat currencies.


As the Abra blog post outlines, up until now, Abra had only supported Ethereum as a so-called “synthetic asset” as an investment mechanism that creates crypto-collateralize contracts so that users could gain exposure to the Altcoin’s price movements, but not hold the coin itself.


CEO of Abra, Bill Barhydt has given a short statement, noting that Ethereum support “sets the stage for Abra to launch native ERC-20 support, in particular a whole bunch of [ERC20-based] stable-coins, that we’re excited about.”


He also said that he believes that private or permissioned, blockchain networks will eventually “fail miserably,” in comparison with the now-defunct concept of the private extra-net from the 1990’s, that restricted access to an authorized set of users.

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Stable coin ‘Tron blockchain’ being launched by Tether.

• The new Tether stable coin is going to be based on Tron TRC-20 standard.
• The new development is expected to ease the transaction on Tron’s decentralized applications.


The company behind USDT, Tether is a leading stable coin being planned to launch a new coin on Tron main net. Tether has had a fair share of controversy regarding its USDT token, expected to launch in the second quarter of 2019.


The news shared by Tron founder, Justin Sun, received positively by the community as a breakthrough for the project. Recently he hard forked to introduce features that will make Tron an institutional grade digital asset.
“We are pleased to announce this collaboration with the Tron Foundation. This integration underlines our commitment to furthering innovation within the Cryptocurrency space as we continue to anticipate the needs and demands of the digital asset community.”


The new Tether stable coin is being based on Tron TRC-20 standard. The new development is expected to ease the transaction on Tron’s decentralized applications. Tron decentralized development is progressing to the extent of surpassing EOS and Ethereum.
“… collaboration with Tether to bring a USDT TRC-20 token to TRON will bring incredible stability and confidence to users.”

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Ripple Combating Coinbase’s Listing Rules

Ripple (XRP) is reportedly violating one of Coin-base’s listing rules, despite the Cryptocurrency exchange added support for the Altcoin on the its Pro platform. Research by firm Diar states that XRP breaks one of Coin-base’s requirements to be listed on the platform.


In its “Digital Asset Framework,” Coinbase states that “the ownership stake retained by the team is a minority stake,” while, according to Diar, Ripple captives 60 percent of the supply in escrow with a release schedule.


Coinbase Pro, the professional offering of United States-based crypto trading platform and wallet service Coinbase, added support for XRP token. Coinbase stated that full trading of XRP will be available to customers in the U.S., Canada, the European Union, the United Kingdom, Singapore and Australia and to other countries soon.


A report by Crypto analytics firm Messari, alleging that XRP’s market capitalization could be overvalued by as much as $6 billion. The report notes that XRP’s liquid circulating supply could be overestimated by 48 percent, putting the “actual” market cap at $6.9 billion instead of the $13 billion that was then reported on CoinMarketCap.


The company sold $535.56 million worth of XRP in 2018. During Q4, 3 billion XRP was reportedly released out of cryptographic escrow, while 2.4 billion were returned. The remaining 600 million XRP not returned to escrow are being used “in a variety of ways to help support the XRP ecosystem.”


Recently, XRP has seen a decrease by 2.48 percent, and is trading around $0.319.

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