The top 10 Hot Crypto News Updated Daily for you to know the Market Situations.

1. TRON announces collaboration with Japanese government to maintain regulation standards.

2. Coinbase declares XRP most suited cryptocurrency to send money internationally.

3. China Adoption Blossoms as the Largest Shipping Conglomerate Is About to Implement Blockchain for Its Supply Chain.

4. Ripple (XRP) In a 4 Cents Range Since Dec, When Will Bulls Break Out?

5. Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 1.

6. Pakistani Government Set to Introduce Regulations for Cryptocurrencies.

7. The US SEC Is Hiring a ‘Crypto Specialist’ Legal Advisor.

8. Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange.

9. Ripple XRP Price Prediction for April: Can It Rise by 26% To Hit the Target of $0.40?

10. With Litecoin Halving On the Horizon, Hash Rate Nears All-Time High.

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THE PEAKIEST BITCOIN HAS BEEN IN 4 MONTHS WHICH BLOOMS POSITIVITY.

Bitcoin hash rate, the computing power securing the network, has reached levels not observed lately.


WHAT MAY HAVE ‘BOTTOMED’, PEAKED.

March 19th made Bitcoin hash rate gush past 52 quintillion hashes per second according to data from Blockchain.com.

The hash rate measures the performance of bitcoin miners safeguarding the network. the hash and the resources were codependent. The rise in hash rate also translates into new miners joining the network. It has been easy on the side of new miners as the mining difficulty were off the roads.

WILL IT MAKE ITS PLACE IN THE MARKET?

The latest uptick may prove to be significant as this means that the downward trend in hash rate may now be definitely broken along with the previous spike of 50,000,000 TH/s seen in early February.

The network security is at its highest since the beginning of November 2018, marking a 4-month high nearly getting closer to the all-time record high of roughly 62,000,000 TH/s set in August 2018.

Hash rate is an important metric for judging the gush of miners who secure the Bitcoin network. To build confidence in the miners for future investments. Casa CTO, Jameson Lopp, for example, believes that miners speculate on the future price of bitcoin. Which makes it possible for miners to begin to return, as the BTC price is currently experiencing a four-week winning streak.

“Hashrate follows price,” he explains. “Some folks believe price follows hashrate, possibly because hashrate doesn’t simply track ~spot~ price, but rather tracks some ~speculative~ future price. Miners are speculators too!”, says Jameson.

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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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MyEtherWallet to launch Ethereum Blockchain Explorer

Major Ethereum (ETH) wallet provider MyEtherWallet (MEW) has announced the launch of the alpha version of its new open source Ethereum blockchain explorer on their Twitter account.


The current version of EthVM shows data from the Ropsten network, an Ethereum testnet. Once arranged on Ethereum’s main network (mainnet), EthVM will be rival Etherscan, the current top Ethereum block explorer.


In the tweet announcing the news, MEW asked users to report their criticism on the tool, stating:
“Keep in mind that it’s still in Alpha – please report any issues and suggestions, and help us improve the platform!”


As users of Cryptocurrency wallets MEW and Electrum are currently facing phishing attacks.


Analyzing the Ethereum chain, recent research showed that over 80 percent of the total circulating supply of Ethereum is held by 7,572 addresses. It also claimed that the price of ETH has dropped an average of 19 percent after each of the past five hard forks, over the following 30 days.

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Today’s hot topic for discussion:

• Ethereum Has Twice as Many Active Developers as Bitcoin: Report.

• The Virtuous Circle of Market Data.


• Marshall Islands Rejects IMF Concerns to Launch ‘Sovereign’ (SOV) Digital Currency as Legal Tender.

• Major Online Swiss Bank Integrates Bitcoin Custody, Boost in Institutionalization.

• Still The Same Range, But Could Bitcoin Overcome $4000 Soon? – BTC Price Analysis Mar.10.

• Brave Ads Rewards Now Live, Users Can Earn 70 Percent of Revenues in Basic Attention Token.

• Over 15k Tips Sent in 3 Months Via The Bitcoin Lightning Network.


• Nano files trademark for NANORAY, a point-of-sale.

• How ETH Miners Are Reacting to the Constantinople Hard Fork.

• Monero Protocol Upgrade Successful: Improved ASIC Resistance, Security, and Privacy.

 

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JPM Coin Got nothing on Ripple’s XRP says Binance Research.

The research study done by top crypto exchange Binance analyzed, JP Morgan Chase’s debut of stable coin, arguing that the digital coin brings “minimal direct competition” to Ripple’s XRP token in the near term.


JP Morgan Chase announced incoming launch of its new blockchain settlement offering: a stable coin dubbed JPM Coin, to be backed 1:1 by the bank’s USD reserves.


Binance Research suggests that JPM Coin “could make the institution the largest stable coin issuer on a blockchain measured by circulating supply and total market cap.”


The study continues, is likely to hold potential “precursor to the third generation of stable coins,” aiming the world of traditional finance and to serve particular purposes and business use cases with help of private blockchain-powered tokens.


While JPM Coin may have specific material impact in upgrading the cost and time efficiency of traditional financial services, its implications for the public stable coin market shortly be minimal:
“Large banks and financial institutions […] have a distinct set of advantages in issuing fiat-collateralize stable coins, but these offerings will not displace liquid, publicly traded stable coins in the near-term given their closed ecosystems built on private blockchains.”


Moreover, JPM Coin is unlikely to be tapped by competitors in the banking sectors, who may well release their own native crypto tokens in future as it is a proprietary and centralized network.


JP Morgan Chase CEO Jamie Dimon suggested that JPM Coin could gain consumer use and evolve beyond internal use cases.

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Due 31st October for Launch of Telegram Open Network.

Purchase agreements for messenger service Telegram’s Gram tokens will be cut off if the Telegram Open Network (TON) does not launch by October 31, 2019. An apparent purchase agreement with the said terms was obtained by Cointelegraph.


The agreement states the legal niceties of Gram token purchases, outlining regulations for different jurisdictions in regard to the distribution of the tokens. Also the if the network doesn’t release by October 31, 2019, the contract will be considered null and void.


The company release a new digital currency called “Grams” following the development and launch of a new blockchain platform, the TON Network.
Russian media outlet The Bell, reports that the investors have been told that TON is 90 percent ready, but delays are possible because of the “innovative nature of the development.”


As Cointelegraph previously reported, Pavel and Nikolai Durov filed a “Notice of Exempt Offering of Securities” with the U.S. Securities and Exchange Commission (SEC), reporting $850 million raised from 81 investors in the first round of their initial coin offering (ICO) for “the development of the TON Blockchain, the development and maintenance of Telegram Messenger.”


The Durov brothers disclosed that they raised $850 million in the second round of their ICO from 94 investors. It was reported that this autumn Telegram would release a test version of the TON platform.

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