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Crypto Halving

Bitcoin Cash [BCH] Halving, Mining Rewards Cut Down to 6.5 BCH from 12.5 BCH

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Today, April 8th, 2020 marks as the first halving of Bitcoin Cash. The network block rewards halved at block 630,000 indicating how the rewards given to BCH miners have been decreased to 6.5 from 12.5 BCH.

BCH is the first SHA256 branch to get halved this year. In the coming days, BTC [Bitcoin] and BCH SV [Bitcoin Cash Satoshi Vision] will also be halving their miner rewards.

What is halving about?

The Bitcoin ecosystem revolves around certain pre-defined rules. One of them is a finite supply of the currency. There are 21 million Bitcoins in the world and the last BItcoin is likely to be mined in the year 2130 after which the network will stop minting more. The limited amount of Bitcoins in circulation gives it the gold-like feature of being limited. 

Every 4 years, Bitcoin mining rewards get cut into half. This was coded in the blockchain by Satoshi Nakamoto from the beginning to make the miners receive 50% less BTC once in 210,000 blocks.

Bitcoin Cash is a fork of Bitcoin which is why the same rule is implied to it. Except in BCH after 630,000 blocks it gets halved. 

Why is halving necessary?

To understand why halving is necessary it is first important to understand how mining works. Miners solve mathematical puzzles to compete with each other in publishing a new block of transactions to the public blockchain. In return for the computational power and efforts put in to validate the block, miners get a reward along with transaction fees.

Miners have their skin in the game, they spend big on equipment to mine and the electricity to power the hardware. The equipment costs get covered with initial returns and the electricity costs keep reoccurring which is why the rewards at a point have to be converted in fiat to pay for the mining expenses as well as to utilize it for their regular expenditures.

Miners are willing to spend money on those resources in exchange for the possibility of receiving a block reward. But this only works out well if miners earn profits by keeping the cost of production/resources lower than the rewards they receive.

With halving, miners get half of the reward they received earlier forcing loss-making miners to quit. Making the existing miners in the community opt for energy-efficient hardware that have high processing power with lower power consumption.

Gradually, this keeps the network healthy even though there are initial hashrate falls and price drops. 

After today, the BCH mining community will reap half the rewards they did until yesterday. As this is the first BCH halving it is difficult to conclude what’s next for the coin. 

 

Top 5 Crypto & Blockchain Research Papers to Read in 2020

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The world is really falling apart, isn’t it? Bitcoin to the moon and the Lambos that we were going to chill in this summer came crashing right down when the market collapsed. 

If you’re at home sinking in despair about how the stocks have crashed, how Bitcoin easily left its support margins and how coronavirus is spoiling your social life. –  here’s a list of research papers you can read, while you’re at it. 

    1.Impact of the 2020 Bitcoin Halving: A Mathematical, Social,               and Econometric Analysis

Starting with Jered Masters research paper on the impacts of the 2020 Bitcoin halving. His research “explores the consequences” of the Halving. It is a methodical approach that concludes the price of Bitcoin could drop in the short-term and increase in the medium. The paper also suggests how this halving could be different from the previous ones. Jered also talks about how the reaction to this halving could hold indicators for the long-term utility and security of Bitcoin – discussed in the later sections. 

      2.Crypto thesis for 2020

Messari the aggregate data provider company which provides insights to its users to make correct decisions around BItcoin and crypto wrote down a research paper as their “thesis” of crypto for the year 2020. Right from the top 10 people to watch in the crypto space to DeFi and policy trends – it has it all. To give a bit of investment advice, it says, 

“BTC: Digital Gold

  • ETH: DeFi Reserve (vs. ICO Reserve)
  • XRP: Too-Big-To-Jail Coin
  • USDT: Surprise! They’re more reserved than most Tier 1 banks. (vs. Surprise!

They’re solvent.)

  • BCH: Bitmain casino chips
  • LTC: BTC betanet 4-> (vs. Now useless)
  • EOS: Actually no, it is in fact broken and run by a cartel. (vs.Wait, it’s legit?)
  • BSV: Faketoshi Coin
  • XLM: Burn the coins cuz no one wants them (vs. Cool. Enigmatic.)
  • BNB: exciting unregistered security
  • LINK: XRPArmy welcome
  • ADA: YOU STILL DON’T KNOW WHAT IT IS?
  • XTZ: Wow! Staking games will never backfire!
  • ALGO: Top 20 if no one redeems, amirite?
  • TRON: fake-it-til-you-make-it coin
  • XMR: Fluffy Pony Watch Fund
  • LEO: Quasi-security backing a quasi-Liberty Reserve
  • ATOM: Most interesting ETH “complement”
  • NEO: “Chinese ETH”
  • HT: Quasi-security that might have CCP blessing”

3. The Marketing Strategy of the Cryptocurrencies

Cryptocurrencies and Blockchain Technology – The Marketing Strategy of the Cryptocurrencies is written by Rafi F. Asgarl from Azerbaijan State University of Economics. The paper is a thesis intended to clarify the fundamental thinking or mentality towards cryptocurrencies, what they are perceived as what they should be – under two segments:

  • Theoretical analysis of the problem. Cryptocurrencies and their marketing strategy
  •  Methodology and the results of empirical research. Blockchain technology

It’s a good read for the non-techie community. 

4. Transformative effects of IoT, Blockchain and Artificial Intelligence on cloud computing: Evolution, vision, trends and open challenges

This study is done by multiple researchers, it is a collaborative effort. The study explores the scopes of how three emerging technology paradigms: Blockchain, IoT and Artificial intelligence will influence the growth of future cloud computing systems. The research even identifies several technologies driving these paradigms. The research invites international experts to discuss the current status and future directions of cloud computing. 

Additionally, the paper even proposes a “conceptual model for cloud futurology” to explore “the influence of emerging paradigms” and technologies on the evolution of cloud computing.

5.Stake Shift in Major Cryptocurrencies: An Empirical Study

This empirical study is done by multiple researchers namely Rainer Stütz, Peter Gaži, Bernhard Haslhofer, Jacob Illum; one the best researchers and computer scientists of this space. As interesting as it can get, the paper revolves around secure PoS proposals to observe the time gap between stake contributions. Further, it even investigates the ledgers of the top cryptocurrencies – Bitcoin, Bitcoin Cash, Litecoin and Zcash.

It’s a good read for geeks who are knee-deep into consensus mechanisms.

 

 

[Note:- To download any of the ‘unavailable’ research papers, please copy and paste the research links to https://sci-hub.tw/ for a free download.]

Disclaimer: The suggestions in the listicle are based on the writer’s research and personal opinion.

 

Bitcoin’s Price Action Before The 2020 Halving

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These initial days of 2020’s Q1 represent a winning streak for Bitcoin. Up from the horror of an annual 2019 low of $6,000, the coin is experiencing worthwhile surges. At a glance, Bitcoin’s turn of events in 2019 was easily predictable throughout the year. 

However, the largest coin’s price action by the end of last year caught the entire market pants down. While data from Skew indicated a 6% probability of Bitcoin attaining its all-time high; a close surge crashed after attaining $14,000. This shattered the likelihood of the coin reaching $20,000. 

Nevertheless, the market is anticipating a nice return above the $10, 000 support. The Bitcoin halving could serve a rather significant upward pull in the coming 100 days. Let’s see what to expect. 

Meanwhile, the past 14 days have seen Bitcoin record a 20 percent gain. Seemingly approaching the $10,000 price mark gradually during press time.

bitcoin new

A twitter crypto analyst @Lightcrypto is expecting Bitcoin to break the $10,000. He shared his positive anticipation on his Twitter profile: 

In my mind, the odds of breaking $10,000 in the next two days is over 80%.”

Light noted that Bitcoin is ready for its pre-halving upswing. In fact, he said, “Bitcoin is already past its psychological litmus test.” The crypto trader and analyst pointed out it was quite impossible for traders to have held onto their positions this long.

Only to end up dumping their coins before a surge. His bullish prediction had that Bitcoin would surge to $11,000, shortly after the coin attained $10,000. 

“If and when we break the $10,000, we teleport to probably $11,000 in an hour.”

Flib Flib, a recognized cryptocurrency analyst and researcher made a chart estimation of Bitcoin experiencing a vertical surge towards the $9,000. Bottom at $6,000 by December and recover to $9,000 by January this year. He is famous for making an accurate forecast of $3,000 during the 2018 bear market.

Flib Flib wrote in a Decentrader newsletter that he believes  Bitcoin is going to surge to $15,800 before the halving event. He backed the forecast by taking note of the previous halving, Bitcoin found a temporary top at $800, the 78.6% Fibonacci Retracement level of the upward correction prior to the even

Flib mentioned that his volume indicators were well positioned and the moving averages were trending pretty well. The approximately $16,000 goal depends on historical trends. In addition to a confluence of several technical analysis indicating further upsides in the short term. Flib Flib also stated that his major indicators include the one month, four-hour and one-day candles. He suggested in the post the price of Bitcoin was meant for higher gains in the next few weeks. 

 

Bitcoin dip generates panic within the community as crypto proponent says halving isn’t important

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Bitcoin’s tumultuous times continued in December too, as the world’s largest cryptocurrency saw another fall in its price since the start of the last month of the year. The asset’s crash below the $7300 mark ruffled the feathers of several users and holders who expected the value to drop even further.

At the time of writing, the crypto king stands at $7348 with a total market cap of 132.5 billion USD. The 1.71 percent fall over the past 24-hours caused the market volume to decrease to over $10 million. This community included people like MAGIC, a popular crypto proponent who tweeted:

“You see that? BTC is currently dipping below the head and shoulders neckline, the 50 week MA, and the 61.8% retrace – all things I’ve been warning about. Too much time under here could generate panic selling.”

The Relative Strength Index (RSI) for Bitcoin stands near the oversold zone after BTC price panic caught on with the community. The hold near the lower zone means that the selling pressure is higher than the buying pressure.

The Chaikin Money Flow, on the other hand, was showing positive signals on the charts despite the decline. The metric painted the picture of an increased capital influx into the Bitcoin market after a steady climb from the bottom of the zero line.

There have also been specific rumors in the space that speculated about the impact of the halving on Bitcoin’s price. Jason Williams, the co-founder, and partner at Morgan Creek Digital Capital stated that the halving as an event would only create minimal effects on crypto price movements. The bitcoin supporter added:

“New buyers have to come in to move this market up. So other than a new headline, the halving is being dealt with now by those who are operationally affected by it. Those that don’t will be priced out of the mining business.”

The analyst opined that the halving was not an event set in the future but rather was something happening in the short term. He even claimed that many members within the field were not even aware of such an event happening in May. The BTC community has been betting on the price of the asset rising because of the supply and demand phenomenon, where if half the tokens get burnt then the price will go up proportionately.

Disclaimer: The presented information is subjected to market conditions and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Litecoin Halving Aftermath: Mining Rewards Were not Alone to Get Cut in Half

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After months of surging and excellent performance in expectation of its mining rewards halving, Litecoin (LTC) went through the event recently and is now it’s experiencing the consequences.

The halvening happened about three weeks ago, and it saw LTC mining rewards drop from 25 LTC per block to 12.5 LTC per block. Before the halvening, there were quite a few expectations and speculations about how the coin, the community, and the crypto space itself might handle the event. Some speculated that Litecoin (LTC) would rally to $1,000, while others believe that its entire network has no inherent value and that the coin will start sinking.

Unfortunately, LTC price did sink a bit, dropping from just below $100 to $73, where it sits at the time of writing. However, LTC mining rewards and price are not the only things that had dropped quite significantly. Litecoin’s hash rate also went down by as much as 40%, according to recent statistics.

The crypto community has been discussing the new development all over the internet. On Reddit, Twitter, and forums, people have been noting that this is what happens when the mining rewards get cut in half but are not followed by any price rise. In fact, LTC has not seen a rally of its own in a long time, and only positive performance that it did see came from following Bitcoin’s lead.

For some reason, the market simply did not react to the halvening, at least not in a positive way. This came as a surprise to many, as it is the first halvening between four of them experienced by Bitcoin and Litecoin that did not see the coin’s price rally and double in size as a result.

In other words, mining rewards got cut in half, but the coin’s value did not grow to compensate the miners with the coins of higher value. Mining LTC suddenly became very unprofitable, and the only thing that remained for the miners to do is to leave.

Lesser rewards and no price spike spells lousy news for LTC

This is hardly the first time that this has happened, and the most significant other instance that many have likely already remembered was during the bearish market of 2018 when mining coins became so unprofitable that miners started leaving the sector. After all, crypto mining is complicated and expensive. It requires a lot of expensive gear, as well as resources like electricity, which can quickly build up a massive bill.

If they cannot cover the cost of mining, much less make an actual profit — leaving is the only thing they are left with. And so, in Litecoin’s case, it appears that around 40% of its miners ended up doing so.

But, why didn’t Litecoin’s price rise? There are a few theories about this as well. Many have pointed out that LTC developers, and even the coin’s creator — Charlie Lee — simply sold their stock and left the coin. LTC did not see any real development in the last two years, and the only reasons why it ranks high on the list of largest cryptos might be its age, connection to BTC, and good reputation from before.

Miscommunication in the Litecoin community, and even between the developers and the foundation seems to be running so deep that the Foundation was not aware that there was no development of the coin. They only realized this after Charlie Lee leaked a Telegram chat, and confirmed that it is real.

The aftermath, however, is quite evident to everyone — LTC price is in the downfall. Also, its miners are leaving, and the hash rate already went down by 40%. While the crypto space is well known for its anything-can-happen philosophy, the current situation does not look great for Litecoin.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Litecoin Founder Makes Big Announcement of LTC Halving

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The fourth-largest cryptocurrency, Litecoin is currently experiencing a spike of 3.82 percent over the past 24 hrs. It’s trading volume counts at $6,067,192,029 and the coin is presently trading at $96.43 against US Dollar.

While the crypto market is showing mixed signals, Litecoin sits in the green zone. To remind, LTC halving is around the corner, and many theoretically believe that price should spike.

Following the similar note, Litecon’s founder, Charlie Lee took to twitter and quickly grabbed audience attention by announcing that “he will be cutting Litecoin mining rewards in half for the first time in 4 years.”

Quoting the news about Federal Reserve Cuts interest rates for the first time in over a decade”, Charlie Lee says that;

A halving is an event that takes place when the reward of miners will get cut by two. During this event, fewer coins are generated in the network, and as a result, the respective crypto asset will be lesser than before. Due to this situation, the price will rise theoretically. Bitcoin had a halving prior to BTC’s price spike in 2017 – accordingly, the crypto community is expecting a surge in the price of Litecoin.

In fact, few believe Litecoin will outpace $200 level within the next 60 days, even though altcoins are already suffering. While Lee’s tweet seems quite confusing to those, who are a newbie as it quietly involves sarcasm in it.

Also, the opinion of Lee should be taken with utmost care. This is because Lee’s most tweets come with Sarcasm and this one too. Moreover, Lee had once sold all of his Litecoin (LTC) tokens when the price touched its all-time high, and many people often disagree with his opinion, claiming Lee is primarily occupied with profit.

Similarly as a response to a tweet, that says “if Litecoin tanks because people don’t understand sarcasm I’ll be real miffed at you Charlie,” he said;

Further, it’s worth to note that LTC in Q1 2019 was trading in the range of $61 and then saw a significant surge in Q2. During June, Litecoin was trading at the value $145 against US Dollar whereas it has declined to $96.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Bitcoin Halving is Only Ten Months Away Now

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In about ten months (on 1st April 2020, unless chaotic swings in the mining hashrate are witnessed) the virtual currency reward for mining new Bitcoin blocks will decrease from 12.5 Bitcoin to about 6 Bitcoin. The crypto market is already talking about the potentials of this change in regards to the market price of Bitcoin.

Much continues to change for the number one cryptocurrency, and the entire crypto and blockchain community since the last Bitcoin halving that happened on 9th July 2016. One of the contentious issues that surround Bitcoin halving is the inability of the market to determine the reaction and the market price of Bitcoin, or the economy that is built around it after the event.

So far, there have been two previous Bitcoin halving events since the emergence of cryptocurrency in 2009. Bitcoin halving is a fixed event that is designed to occur after the mining of or confirmation of about 210,000 Bitcoin blocks by Bitcoin’s platform.

Previously, after the first Bitcoin halving event that took place on 27th November 2012, the market prices of the leading crypto skyrocketed to what was then an all-time high of 1,000 USD. This happened after some 12 months after the halving event.

The 2016 halving event made way for 2017 bull run that reached its peak in December the same year seeing the market price of Bitcoin hitting a mouth-watering price level of 19,000 USD.

Since reaching the mouth-watering price level of 19,000 USD, the prices of Bitcoin sharply fell back before a subsequent boom, with the fall seeing the prices of the number one crypto falling as low as 200 USD per token. Despite the fall, the market prices of Bitcoin later picked up momentum to the current rates and it is expected to go even higher in the lead up to the next halving event.

What People Need to Remember

What people need to understand is Bitcoin is created when its blockchain technology rewards an individual or a group of users for authenticating transactions. The Bitcoin platform gives Bitcoin tokens to miners who add blocks to its chain.

The Bitcoin tokens miners receive act as compensation from the network for the costs they incur while maintaining the system. Some of the cost’s miners incur during the process of preserving Bitcoin’s network include hardware upkeep and electricity bills that are usually high for this process. Often, miners sell the Bitcoin tokens they receive from Bitcoin to take care of their overheads, releasing new Bitcoin virtual tokens into the virtual economy.

Ideally, the Bitcoin halving event is designed to happen after every 4-years after the last event, and it entails reducing the prices of rewards miners receive from the network by 50 percent.

At the moment, Bitcoin miners receive about 12.5 Bitcoin tokens or BTC, which is equivalent to about 43,000 USD, every time they efficiently mine a block. In the next halving event that will take place in May 2020, miners will earn about 6.25 BTC, which is equivalent to 21,000 USD from the current 12.5 BTC.

While this may invoke enormous consequences for the network, it is not all gloom and doom, and this is why you should not get worried.

Bitcoin’s Halving Event is Satoshi’s Way of Combating Inflation

Unlike hard currencies that are generally inflationary, Bitcoin’s upper limit supply currently stands at 21 million. Once the 21 million supply limit is attained, the network cannot generate Bitcoin anymore.

The purpose of the constant Bitcoin halving event is to ensure the number one cryptocurrency does not fall victim of excessive inflation by checking its circulation in the virtual economy. In an email to media outlets, Bitcoin creator, Satoshi Nakamoto, explained the idea behind Bitcoin’s Halving in the past:

“It is a fact that when new coinage is produced the money supply increases by a planned amount and does not necessarily have to result in inflation. When the supply of coinage increases at the same level as the number of people using it, the prices remain stable”

The Bitcoin creator had added further,

“But if the coinage does not increase as fast as demand, the opposite of inflation will occur, and early holders of the currency will see its value increase. In an economy, money has to be distributed and produced somehow, and a constant rate seems to be the best formula.”

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Litecoin (LTC)’s halving is around the corner, this is why it truly matters

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Litecoin’s rewards for miners are about to be cut in half. It will happen on next August 8th, and it’s an important thing, Let us tell you why.

It’s all about the blocks

Let’s start with the mining process.

Litecoin’s mining process is a lot like Bitcoin’s, only much more manageable. Hence the name.

You could think that the whole point in mining is to produce new tokens. You’d be wrong. Every cryptocurrency’s underlying technology is called blockchain. It’s called that because it’s made up of a chain of blocks. This is the thing that makes every digital coin functional, the engine under the hood.

So the point in mining is to create new blocks for the chain. Those miners who do manage to come up with new blocks get rewarded with some coins. But the point, at least technically, is to keep expanding the blockchain so that it can keep working. New tokens are just a nice side-effect.

There’s another feature in the process. Every now and then, successful miners will get only half of the previous reward. This process is hardwired into Litecoin’s (and Bitcoin’s) blockchain, and the objective is to keep the cryptocurrency in question scarce.

Deflation

Only so many Litecoin LTC tokens will ever exist. And as the network keeps producing new ones, the process will become slower. Why? Because scarcity creates deflation, it hence keeps the coin’s value high. We see this in the real world all the time with gold and silver.

Because the precious metals supply is limited, they rarely fall in value. And this is one of the advantages that some cryptocurrencies have over fiat currencies. Any government in the world (or, more accurately, any central bank) can print as many banknotes as it wants.

Of course, if they overdo it, that will create inflation. The point is that minable cryptocurrencies’ values are backed by something (the miner’s work) while fiats are only supported by the central bank’s promise that they’re worth something. The gold standard has been gone since the Nixon days.

Halvings in the Litecoin network come about every 840k blocks. It’s expected that the system will hit the new milestone on August 8th.

There’s another crucial thing you need to know. Every time a halving materializes, the coin’s prices go up considerably. It’s happened so far every time BTC cuts its rewards in half, and the same goes for Litecoin (LTC). So the next weeks could be an excellent opportunity for savvy investors to accumulate LTC coins and then sell them when the price goes up, most probably by August’s second week.

So keep an eye open for Litecoin’s market behavior. It’s been doing well lately anyway, so the chances are that you won’t be wasting your time. As for buying… it’s up to you. You need to do your own research, make sure you understand the mining process and how the market reacts to it.

Litecoin is the world’s fifth largest cryptocurrency by market capitalization, and it’s trading at USD 1133.5 as we write this. The trend right now is bearish (as the whole market is down after today’s Bitrue hack). Which only means you can buy it more cheaply. But you have to decide on your own.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Litecoin keeps flourishing as halving gets closer and closer

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The first of January this year, 2019, saw Litecoin sitting at $30 after a prolonged bearish period in the cryptocurrency markets known as the Crypto Winter. Then the bulls got a hold of the crypto market and ran with it – leading to a massive increase in the total market cap and a fresh wave of enthusiasm.

One of the leading lights of this new surge was Litecoin (LTC), which jumped in value by over 500% and is now sits at around $140.

The reason for Litecoin’s massive bull run has been, in part, due to the halving that is coming up in just under 60 days. The positive traders, the major bulls, expect this trend to continue – well past the halving and are awaiting the fourth largest cryptocurrency in the world to continue to show strength based on a variety of factors.

However, there are always contrarians, and in this case, they are saying that Litecoin has had its days – the halving has done its work and the potential future profits would be flat at best, and would halve along with the network at worst. These contrarians are the bears, your extremely risk-averse traders that see plummeting prices behind every corner and the charts may back their views.

Halving, the main driver of Litecoin bull run

Whatever the opinions come int the future, for now, all traders agree that the price increase of LTC is being driven mainly by the halving of block rewards that are happening in a couple of months. A halving is a significant event in any cryptocurrency and is a system whereby the reward for mining is halved. Miners are the ones who validate all transactions on a network and are thus crucial to the well being of a cryptocurrency.

What a halving does is limit supply so that current demand is constricted and the price of the asset goes up. This provides further incentive for miners to continue with their work and gives investors in the cryptocurrency a nice profit from their earlier investments.

What does this mean for LTC?

The difference in opinions, throughout the market, is whether the halving will have a positive or a negative effect on prices at this time. While many are looking at the market as a whole and seeing continued growth in all areas of the cryptocurrency market, others are more pessimistic.

The pessimists see Litecoin plummeting to around $55 after the initial euphoria of the halving passes, and believe that the pre-halving rally has frontloaded the price meaning that this is about as high as it will go for the time being barring unforeseen circumstances. This probably is a possibility that can’t be ignored.

The optimists see the halving as the start of a surge to a thousand dollar value of Litecoin, and a return to previous highs shortly. There is a middle path, and many are not giving this view enough attention. It could well be that the market has subconsciously priced in the halving already, but that the increasing appetite for crypto assets will provide the continued push that is needed for Litecoin to slowly but surely increase in price.

At the press time, LTC price stands at $137.79 after going up by over 35% in the last seven days. Both hourly and daily price charts of the coin are green, too.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.