What do all of cryptocurrency’s biggest winners of the last week have in common?

One is Bitcoin SV, whose founder has renewed his claims of being Bitcoin founder Satoshi Nakamoto, and reportedly delivered 16,000 Bitcoin public …

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Privacy coins and forks dominate cryptocurrency’s biggest winners of the last week.

There are two kinds of cryptocurrencies in the market right now: those that rose 50% or more in the last week and those that didn’t.

But why are those cryptocurrencies rising? And what do they all have in common?

The chart below shows a tasting platter of recently high-performing cryptocurrencies in black, contrasted with the less-exciting mainstays of Bitcoin, Ethereum and XRP in gold, blue and green respectively.

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The full list of top 50 market cap cryptocurrencies with gains of ~50% or more in the last 7 days includes the following:

The buzz

News-wise, a few of them have their own reasons to rise. One is Bitcoin SV, whose founder has renewed his claims of being Bitcoin founder Satoshi Nakamoto and reportedly delivered 16,000 Bitcoin public addresses to support the claim. It’s too soon to say whether the claims have anything to them, but the developments could be compelling people to take a punt on BSV.

As for Ethereum Classic, its big rise corresponded with the launch of its Agharta fork, intended to bring better compatibility with Ethereum (ETH), and it loosely corresponded to the launch of Binance ETC margin trading. However, updates typically don’t have much price impact and the other coins Binance added to its margin trading didn’t see similar rises. As such, it’s tough to attribute ETC’s rise to either of those pieces of news.

In the same vein, none of the rest have any clear and obvious explanations for the rise.

Privacy coins?

Privacy coins are over-represented among the biggest winners of the last week, with Dash, Zcash and Bitcoin Diamond all offering various privacy features of varying quality. It’s possible that these rises represent a new surge of investment into privacy cryptocurrencies. Supporting this, is the fact that Zcoin (another privacy coin ranked ~100 by market cap) has also experienced rises in the field of 50% over the last week.

But Monero, the best-known privacy coin out there, has been comparatively stagnant over the same period. The Mimblewimble-based Grin and Beam privacy coins have similarly been running somewhat flat. If the rises of the last week have been disproportionately concentrated on privacy coins, they certainly haven’t been equally distributed among all the coins.

Forks?

Forks are also well over-represented among last week’s winners.

Between Bitcoin SV, Ethereum Classic, Bitcoin Gold and Bitcoin Diamond, you have a solid array of second and third-string forks. Dash also began life as a fork of Litecoin, although it has since moved on.

It’s tough to guess what, if anything, this means. It could perhaps represent a new wave of entrants to the market though as people come into Bitcoin and then chase the familiar-sounding forks that promise incremental upgrades relative to Bitcoin. It could also be that someone’s working on deliberately engineering price pumps on prominent-yet-illiquid forks such as BTG and BCD in an effort to catch more of the money entering the space.

It’s also clear to see that many of the biggest winning cryptocurrencies of last week enjoyed an early price rise compared to Bitcoin, around 11 January, which was then followed by a much larger surge around 15 January. This could indicate multiple waves of buyers entering the markets, consisting of front-runners and then a subsequent group chasing the previous rise.

If none of these theories seem especially compelling or well-substantiated, that might be because they aren’t. But regardless of whether there’s any kind of rhyme or reason behind these price movements, it’s nice that some coins are making moves other than simply mirroring Bitcoin prices.



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Disclosure: The author holds BNB and BTC at the time of writing.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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Crypto-Currency and Cyber-Currency Market End User, Key Players, Development and …

Scarcely any individuals know, however cryptocurrencies developed as a side result of another innovation. Satoshi Nakamoto, the innovator of Bitcoin, …

Crypto-Currency and Cyber-Currency Market: Overview

Today cryptocurrencies have turned into a worldwide marvel known to the majority of population. While still in some way or another unclear and not comprehended by the banks, people, governments and numerous organizations know about its significance.

Scarcely any individuals know, however cryptocurrencies developed as a side result of another innovation. Satoshi Nakamoto, the innovator of Bitcoin, the first and still most essential cryptocurrency, never planned to develop a currency.

In his declaration of Bitcoin in2008, Satoshi said he built up “A Peer-to-Peer Electronic Cash System.” His objective was to develop something, which numerous individuals neglected to make before digital money.

The absolute most imperative piece of Satoshi’s development was that he figured out how to assemble a decentralized computerized money framework. In the nineties, there have been numerous endeavors to make digital cash, however they all fizzled.

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The phenomenal popularity that cryptocurrency garnered worldwide has drawn intense regulatory scrutiny. Cryptocurrencies may be emerging as an entirely new asset class. Standards vary from country to country and have been shaping the evolving contours of the global cryptocurrency and cyber-currency market. The most evident impact is the changing pricing of such digital currencies, notably bitcoin.

Regulations are increasingly stringent to the level of being called harsh in numerous emerging economies. A case in point is China, which has banned domestic cryptocurrency exchanges. However, in recent months less prohibitive regulations have emerged in a few countries, which might pave way to their mainstreaming in the financial sector industry. The increasing recognition of cryptocurrency as utility token has opened an exciting paradigm for stakeholders in the global market.

However, despite the rising efforts to preserve the financial viability of cryptocurrency and cyber-currencies, the paucity of clear regulations has been a potential setback to the market. Nevertheless, efforts have begun by legislators of developed nations on how to improve regulations of these digital currencies. A recent regulation pertains to setting up offshore operations in cryptocurrency exchanges. Furthermore, they have focused more on better market manipulation control. Meanwhile, emerging benefits of virtual currencies that ride on the back of blockchain to new consumer segments are likely to fuel the expansion of the market. For example, Ethereum is proving to be some value to content creators, artists, and journalists. The rising adoption of blockchain-driven platforms in these consumer sections will bolster the expansion of the market.

Crypto-Currency and Cyber-Currency Market: Trends and Opportunities

The estimation of Bitcoin is extremely unstable. The quantity of installments that can be handled is low. So for what reason does the cybercurrency hold attractions and have a high market value? The reason is that the individuals can utilize it to move cash around in un-usual ways. This has an incentive to a few people. The cyber-monetary standards are estimated to additionally evolve, bringing down the expense of bank repayments and giving individuals access to modest overall payment frameworks.

Bitcoin faces scaling issues that should be settled for it’s a long-term investment – explicitly, speed, exchange handling costs, and energy necessities needs to be look for.

Global markets are ready to accomplish proceeding with development as the benefits of advanced currency move far from the criminals and drug dealers to standard activities like IoT communications and supply chain management. Cyber currency is helpful for branding and marketing.

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Crypto-Currency and Cyber-Currency Market: Market Analysis

While the image of the cryptocurrency market looks sluggish and stagnant, not every person has given up about the situation in the area. Blockchain engineers, ICOs and those from all around financed associations such as the TRON Foundation, the Ethereum Foundation, and the Litecoin Foundation, understand that to achieve genuine change and enhancement utilizing crypto innovation, additional efforts and time needs to be given on building strong ventures that don’t just produce theoretical results and to the moon valuations. Or maybe, blockchain and crypto-ventures need to give helpful solutions that can be effortlessly connected to regular day to day existence. Rather than taking part in blame game and accusing people and tasks in the business, time must be better spent making or supporting projects which deliver real-time solutions.

Crypto-Currency and Cyber-Currency Market: Regional Analysis

Cryptocurrencies are expected to prevail in the market for a long time, despite its not so strong acceptance globally. Individuals everywhere throughout the world purchase Bitcoin to ensure themselves against the degrading of their national currency. For the most part in Asia, a clear market for Bitcoin settlement has developed, and the Bitcoin utilizing darknets of cybercrime are thriving. An ever increasing number of organizations find the intensity of Smart Contracts or token on Ethereum, the main real-time application of blockchain technologies develop.

Crypto-Currency and Cyber-Currency Market: Competitive landscape

Exchanges such as poloniex, or Okcoin, or shapeshift helps the business of cryptocurrencies. Their regular trade volume increases the major stock exchanges in Europe. The key cryptocurrency exchanges include capital.com, eToro, 24option.com, coinmama, markets.com., luno., cex.io., and coinbase.

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Vitalik Buterin Sides with Peter Schiff, Claims Crypto Wallets Need Better Security

Vitalik Buterin, the founder of Ethereum, slammed Bitcoiners who criticized Schiff’s alleged negligence and made a case for creating better wallet tech …

Gold bug Peter Schiff, who made a lot of headlines after losing his Bitcoin and blaming his wallet for it, has found one supporting voice in the top echelons of the cryptocurrency community.

Vitalik Buterin, the founder of Ethereum, slammed Bitcoiners who criticized Schiff’s alleged negligence and made a case for creating better wallet tech that could make security much easier with social recovery as one of the possible solutions.

“Disappointed at people replying to this with “crypto is what it is, it’s your job to be super-careful and write down backup seeds in three places”. We can and should create better wallet tech to make security easier.”

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Peter Schiff cries foul

As reported by U.Today, Schiff lost access to his Bitcoin wallet that contained all of his crypto life savings on Jan. 19.

Crypto Twitter felt little pity for the stubborn Bitcoin critic because he apparently forgot his password and didn’t back up his seed phrase, which is the cardinal rule of every holder.

However, Schiff still claims that his Bitcoin wallet simply “no longer recognizes” his password.

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Buterin faces pushback

Some Bitcoin maximalists were quick to take a dig at Ethereum’s centralization following Buterin’s tweet. Samson Mow, the CSO of Blockstream, said that the Ethereum recovery tool was calling up its founder.

“Isn’t the Ethereum social recovery to just call you up?”

Tuur Demeester of Adamant Capital, who earlier compared Ethereum’s “Difficulty Bomb” mechanism to communism, calls it “social consensus.”

There were also those who criticized the proposed method of social recovery, claiming that it could endanger your circle of friends, relatives, and other recovery contacts.

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Bringing economics home

There’s this bazillion-trillionaire dude Elon Musk. A couple days ago, he took off his little propeller beanie and tweeted a plan to establish a space …

Long before anyone reading this column was born, I asked my grandmother one day what she had majored in in college. My grandmother said, “Home Economics.”

I gaped at her, and no words came out.

In distant times, boys were funneled into “Shop” and girls were funneled into Home Economics. Boys were given hammers and blocks of wood, and they went down the hall to pound things and make noise. Girls were taken to a place that we would now call a “lab,” with cooking equipment and sewing machines. And they would track from there into two long dark channels of adult life leading from graduation to death.

All that collapsed in the early 1970s, when female people began to struggle against barriers to their participation in public life, in careers, and education. I was a recent victor in the battle against this girls’ lab requirement (I chose Latin). That year they also started letting us wear jeans to school. At that point there was no going back. As for the boys, they weren’t in shop all that much any more either; the wooden things they made had no calculable value beyond the pride they brought parents.

In the intervening, oh, forty years since that conversation with my grandmother, those bifurcated life tracks, with their relationship to home, vanished. Home changed completely: fewer and fewer people were even there; we all fanned out to workplaces, day care, the gym, the mall, soccer camp, after-school care. Drive through any subdivision during midday, and there will be no signs of life—as though everyone were away, on Mars or something.

Now I’m not being nostalgic here; I actually never set foot in Home Economics. But I have this gnawing hunch that something like it might come in handy one of these days. Bear with me. What women of my grandmother’s generation learned was how to manage their households: how to control what came into the home so that everything worked efficiently, how not to waste money, time, or food. They would wash off sheets of aluminum foil and plastic bags and pin them over the kitchen sink with a clothespin. They would hang clothes out to dry. And twice a week the milkman—yes that was a real person!—used to bring dairy products to the door, where he picked up the used milk bottles, which he would wash and reuse. They basically didn’t even have plastic bottles in those days. People didn’t throw stuff out, really. The stuff coming in was pretty much used up, and the containers it came in traced one nice continuous cycle from full to empty, empty to full, full to empty, and then full again. Garbage went into a compost heap where it fed worms and eventually made things like carrots and potatoes. And in the entire history of the world, not a single whale had choked to death from eating plastic junk.

I’m told that in the US today we waste 30% of the food we buy. We just throw it into the garbage, along with the plastic utensils we eat it with. We waste energy too: in North Carolina when it’s 100 degrees in the summer you still have to take a sweater to work so you don’t catch a cold in the air conditioning. And we spew exhaust and other sinister invisible stuff into the air we breathe and the water we drink. This all has to do with a failure of home economics: instead of prudently managing the flow of stuff into our home and out of it, we waste it.

Now I’ve just gotten back from a long slow trip across Siberia. Yes, The Siberia. One thing I noticed along the way was that it can be hard to find a trash can in public. You don’t see trash, though. Why is that? Well, partly it’s because they don’t use all that much disposable paper and plastic, so there’s not all that much to throw out. Once you see that, you start noticing every little piece of trash you acquire and start wondering why you need that stuff in the first place. You are feeding it to whales, after all, and choking them to death.

All right, now closer to home: A couple of years ago, up on the third floor of the Language Building where I spend most of my time, the recycling bins disappeared. No one knows why. Some people up here just started tossing everything into the trash. We woker ones started collecting recyclables in our offices. Every once in a while we carry them down to the nearest bin—in my case, the one in the beautiful main lobby of Perkins Library—and dump them loudly there. It is just one more #$%& thing in a busy workday, though, so generally the stuff just builds up in our offices. This has led to, in a couple of documented instances, mouse infestations—most appropriately in the case of one of us, who makes a practice of teaching works of Russian literature in which vermin, or vermin metaphors, play a prominent role (Dostoevsky’s Notes from Underground, for example, Mayakovsky’s The Bedbug, or Gogol’s Dead Souls).

BTW, Kafka stole that stuff from the Russians.

Meanwhile, what with California and Australia in flames, and other parts of the world underwater, people seem to have started recognizing that climate change is real—even as people in neckties, and governments and corporations, work actively to make sure things get worse. The Australian prime minister was vacationing in Hawaii while his country burned to a crisp, and another world leader who will remain unnamed has been fervently dismantling his country’s existing environmental protections in a concerted effort to protect the fossil fuel industry. Both of them fervently deny that climate change is real.

There’s this bazillion-trillionaire dude Elon Musk. A couple days ago, he took off his little propeller beanie and tweeted a plan to establish a space colony on Mars. OK, I’m listening. Guy’s goal is to schlep a million human beings out to the red planet, and to give them a “lot of jobs” there. He’s even calculated the fuel costs and logistics: it will take 20 years and “a thousand ships” to take a million tons of cargo to Mars. The numbers are suspiciously round, but whatever you say; you’re the mathy guy. Anyway, I’m not sure why he wants to do this. Some people just like to get in machines and go super far super fast, making really loud vroom-vroom noises along the way. Or maybe on some primitive level he understands that the earth has filled up with so much trash and rocket-fuel exhaust that soon it will be uninhabitable and that people will have to move on.

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I’m not usually on the same page as technocrats, but honestly, this is a great idea! By all means, give the billionaires and fossil fuel lobbyists free one-way tickets to Mars. From the looks of it, they actually want to go! And they can take all the money with them, and use it to pay each other there and give each other fancy Mars jobs.

Once we’re rid of all this trash, the rest of us can roll up our sleeves and begin the hard task of cleaning up our home.

Carol Apollonio is Professor of the Practice of Slavic and Eurasian Studies at Duke. Her column, “Rants from the Podium,” runs on alternate Mondays.

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Musk wants ‘Chinese-styled’ Tesla electric vehicles

It is possible that this vehicle previews a future ‘Chinese-styled car’ that CEO Elon Musk wants to build in China. At the same time, it could also be a …

Tesla seems to be stepping up its game in China. After deliveries of the made-in-China Model 3s built from their new Gigafactory 3 in Shanghai began earlier this month, the EV maker recently announced that they will be opening a new design and engineering center in the market as well. Together with the announcement, they also released a new design drawing previewing a new hatchback EV model.

Apart from the render, no details were revealed about the future model just yet. From the looks of it though, it appears to be a hatchback with design cues inspired by the Model 3. It is possible that this vehicle previews a future ‘Chinese-styled car’ that CEO Elon Musk wants to build in China. At the same time, it could also be a design study of future models built at Tesla’s upcoming design and engineering center in China.

According to the Wechat announcement, the reason why Tesla is putting up a design center in the region is because of Musk’s plan to shift from ‘Made in China’ to ‘Designed in China’. Having a vehicle designed in China will certainly help the automaker grow in the world’s largest car market. Its future vehicle designs could be made specifically to cater to the Chinese market. These China-designed vehicles could then be sold to other markets all over the world.

At the moment, Tesla has not elaborated on its plans to build a global model design in China just yet. All we have is a sketch which may or may not even become a production model. Instead, Tesla is focused on its hiring efforts for the China design and engineering center. So if you happen to be a car designer in China, Tesla might just want to talk to you.

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