Binance Announces $100 Reward in BNB for Purchasing HTC EXODUS 1 – Binance Edition

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Binance Announces $100 Reward in BNB for Purchasing HTC EXODUS 1 – Binance Edition
Binance will select 500 lucky HTC EXODUS 1 – Binance Edition buyers to reward them with $100 in BNB tokens.
Binance Announces $100 Reward in BNB for Purchasing HTC EXODUS 1 – Binance Edition

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Source: CoinSpeaker

Samsung Adds Elrond Token to its Blockchain Wallet

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Samsung Adds Elrond Token to its Blockchain Wallet
According to the recently revealed information, Samsung has integrated support for the ERD token into its blockchain ecosystem.
Samsung Adds Elrond Token to its Blockchain Wallet

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Source: CoinSpeaker

More Whales Are Hoarding Bitcoin After Accumulating During Bear Market

A new data set has emerged that shows the growth in Bitcoin addresses holding more than 1000 BTC, and it is currently experiencing a new high following the bear market.
But what does this information mean? Was smart money buying up Bitcoin from retail investors dumping their crypto at a loss? Or is the HODL effect spreading like wildfire, and more and more crypto investors are buying up as much of the limited Bitcoin supply ahead of the halving?
Number of Addresses HODLing More Than 1000 BTC Spikes Amidst Bear Market
Holding through bear markets may be painful and even frightening for bullish investors who bought high, but don’t want to sell low. But for others, it can be an opportunity of a lifetime to accumulate an asset at its lowest possible price for the greatest financial reward.
And that’s exactly what had happened during the 2018 crypto winter, as can be seen by the growth of Bitcoin addresses containing more than 1000 BTC.
Related Reading | Send Bitcoin and Other Crypto To Uncensorable, Personalized Domain Addresses 
After Bitcoin hit its peak in 2017 of $20,000, there was an abrupt decline in the number of addresses holding more than 1000 BTC. The number mostly flatlined throughout most of 2019, but just ahead of the deep November drop – the drop that pushed Bitcoin below support at $6,000 and sent it to its bear market bottom – the number of addresses holding more than 1000 BTC rose by nearly 20%.
As soon as Bitcoin reached its bottom at roughly $3,150, the number of addresses containing 1000 BTC or more spiked yet again. Just ahead of the April 2019 rally that sent the asset parabolic, yet another spike happened, taking the number from a bear market low around 1500 addresses with 1000 BTC or more, to 2000 – or a 25% total rise.

Number of #Bitcoin addresses holding more than 1000 $BTC pic.twitter.com/SGdBXrob5e
— glassnode (@glassnode) October 11, 2019

Bitcoin addresses holding more than 1000 BTC seems to rise just ahead of any major drops, and the metric did once again just ahead of the September 24 drop that sent Bitcoin below $10,000 to its current trading range.
It’s now at a five-year high, according to a chart shared by Glassnode – a crypto market analysis and data intelligence firm.
Are Whales and Smart Money Accumulating Bitcoin Ahead of the Halving?
But what exactly does this mean? For one, it could mean that smart money or whales had been accumulating Bitcoin at the lowest prices possible after the massive retail selloff following the 2017 bubble.
According to Wyckoff’s accumulation model, the best investors load up on an asset at its bottom and then drive up the prices in a markup phase. This appears to be exactly what happened, suggesting that Bitcoin was accumulated heavily, and this is just the start of the markup phase.
Related Reading | Experts Weigh In On The Future of Bitcoin and Blockchain 
Alternatively, the store of value narrative and digital scarcity of Bitcoin could have caused the HODL effect to spread, and crypto investors to try and buy up as much of Bitcoin’s incredibly scarce supply ahead of an upcoming supply reduction in May 2020.
There are only 21 million BTC that will ever exist, and although 1000 BTC is only just 0.004% of the supply, the number is quite significant when considering the world’s population and the cryptocurrencies use case of potentially replacing money as we know it.
And while 0.004% of the BTC total supply may seem insignificant, this amounts to over $8 million USD at current prices. 
The post More Whales Are Hoarding Bitcoin After Accumulating During Bear Market appeared first on NewsBTC.
Source: New feedNewsBTC.com

Telegram Finally Releases Terms of Service for Its Gram Wallet

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Telegram Finally Releases Terms of Service for Its Gram Wallet
Messaging giant Telegram eventually released official details on its yet-to-be-launched Gram wallet and token.
Telegram Finally Releases Terms of Service for Its Gram Wallet

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Source: CoinSpeaker

Top 10 Web Crypto Wallets of 2019

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Top 10 Web Crypto Wallets of 2019
While there’s a whole myriad of alternatives for storing your cryptos online, we decided to help you limit the scope with a review of the top 10 web wallets of 2019.
Top 10 Web Crypto Wallets of 2019

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Button Wallet to Unveil Cryptocurrency Trading to Telegram’s 300M Users

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Button Wallet to Unveil Cryptocurrency Trading to Telegram’s 300M Users
Chrismas celebration comes early for 300 million Telegrams users as they are expected to gain from Button Wallet crypto’s trading, which is expected to launch in October this year.
Button Wallet to Unveil Cryptocurrency Trading to Telegram’s 300M Users

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Facebook’s Libra Gets Support From ZenGo Wallet Already Before Launch

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Facebook’s Libra Gets Support From ZenGo Wallet Already Before Launch
ZenGo crypto wallet has announced the support for Facebook’s Libra testnet which gives its users a first-hand experience of using Facebook’s native cryptocurrency.
Facebook’s Libra Gets Support From ZenGo Wallet Already Before Launch

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Flexa’s SPEDN App for Android Smoothens Trading of Cryptocurrency

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Flexa’s SPEDN App for Android Smoothens Trading of Cryptocurrency
After incorporating more than 39,000 merchant partners, which now accept five different cryptos as a payment method, Flexa unleashes the SPEDN mobile app for Android, and ambitious plans for the company’s global expansion.
Flexa’s SPEDN App for Android Smoothens Trading of Cryptocurrency

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Source: CoinSpeaker

Flexa Integration Makes Litecoin Payments Possible At Over 39,000 Merchant Locations

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Flexa Integration Makes Litecoin Payments Possible At Over 39,000 Merchant Locations
Flexa adds support for Litecoin on its payments network allowing users to pay in the cryptocurrency at the point-of-sale terminals at different merchant locations.
Flexa Integration Makes Litecoin Payments Possible At Over 39,000 Merchant Locations

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Source: CoinSpeaker

TiedCoin: A Game Changer in the Stablecoin Market

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TiedCoin: A Game Changer in the Stablecoin Market
In this article we take a look at TiedCoin – a stablecoin fully collateralized by Euro and Yen coming from Japan with the promise of instant liquidity.
TiedCoin: A Game Changer in the Stablecoin Market

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Source: CoinSpeaker

Can Facebook’s Libra Influence the Bitcoin Price?

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Can Facebook’s Libra Influence the Bitcoin Price?
Facebook’s release of Libra white-paper raised a lot of awareness in the cryptocurrency and traditional banking communities. Many experts compare Facebook’s Libra to Bitcoin and other cryptos. The main question is, how Libra could affect Bitcoin price?
Can Facebook’s Libra Influence the Bitcoin Price?

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Crypto Exchange Bittrex Launches Decentralized Storage Project LAMB

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Crypto Exchange Bittrex Launches Decentralized Storage Project LAMB
Bittrex, a global leader in the blockchain revolution announced to list Lambda – a data storage blockchain protocol, commited to creating a secure, reliable, and unlimited storage network for Value Internet.
Crypto Exchange Bittrex Launches Decentralized Storage Project LAMB

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Are NFC Implants the Next-Gen Wallets?

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Are NFC Implants the Next-Gen Wallets?
There already exist quite a few people that have an RFID (Radio Frequency IDentification) chips implanted in their bodies. The uses for such technology are many, but could it work well as a virtual wallet?
Are NFC Implants the Next-Gen Wallets?

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Source: CoinSpeaker

‘CryptoKitties’ Creator Earns $275,000 in Just a Week After ‘Cheeze Wizards’ Launch

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‘CryptoKitties’ Creator Earns $275,000 in Just a Week After ‘Cheeze Wizards’ Launch
After CryptoKitties, Dapper Labs has launched one more crypto collectibles game dubbed Cheeze Wizards which is already gaining much popularity within a week of its launch.
‘CryptoKitties’ Creator Earns $275,000 in Just a Week After ‘Cheeze Wizards’ Launch

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Source: CoinSpeaker

Perfect Online Privacy in 3 Simple Steps

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Perfect Online Privacy in 3 Simple Steps
Crypto exchanges get hacked. Data vaults get breached. It’s just a matter of time when cryptos of those disregarding principles of online privacy will belong to hackers. Check out three simple steps to protect your assets.
Perfect Online Privacy in 3 Simple Steps

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Source: CoinSpeaker