XDB is one of the Biggest Gainers on CoinMarketCap, despite current market conditions. On April 1, 2020 XDB jumped more than 43% and was ranked 6th among the day’s best performers. The token’s odd-beating performance could be a result of its official launch on KuCoin, one of the most popular cryptocurrency exchanges. It could also be the result of the appealing value proposition made by its issuer, DigitalBits.
Source: Coinmarketcap, April 1 2020
In the span of three years since Tether’s legitimacy came into question, a wide array of alternative stablecoins have flooded crypto markets. These solutions implement everything from seigniorage algorithms to fractional reserves, all looking to solve the space’s volatility problem. DigitalBits brings something new, and perhaps more practical, to the table: branded stablecoins.
The company defines these as a second generation of stablecoins that “move past simply combining stability with blockchain technology, to enhancing the relationship that exists between consumers and brands.” A solution that may be a boon to countless brands that resort to point systems to develop relationships with consumers. On the DigitalBits protocol, they can deploy their own branded stablecoins and other tokenized assets that represent real world value. These can be denominated in US dollars as well as other assets, making them more understandable to consumers than the complicated reward systems that are currently the norm.
Brands that choose to develop their own stablecoin on the protocol would benefit from features such as better insights into consumer behavior and easy interoperability with other participants in the network. These new assets would integrate seamlessly into their existing applications and would not interfere with their consumer’s spending habits.
This is a market niche that has been all but ignored by the cryptocurrency industry due to its focus on Decentralized Finance as of late. As XDB continues its growth among cryptocurrency investors, its next steps might include users that are unfamiliar with the industry altogether. Everyday consumers could soon be exposed to cryptocurrencies, in the form of branded stablecoins, just by buying their favorite products.
DigitalBits is a protocol layer blockchain built to support consumer digital assets, specifically branded currencies. With a focus on mainstream crypto adoption, DigitalBits aims to solve a real-world problem by integrating with consumer brands.
Official Website: https://www.digitalbits.io
Overview: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24×7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
RoFX Review – Simplified Trading for Beginners
Developed in 2009, RoFX was tested in the world currency market and started offering successful bids with excellent profits from 2010. It is an EA with a proven AI that provides a fully automatic trading solution. The robot is ideal for beginners who do not have much knowledge or experience in forex trading. Here is an honest review of RoFX based on the information gathered from myfxbook and top forex robot review tests.
How to Get Started with RoFX
You need to know that RoFX is not available for download. However, you can open an account for free on the robot’s official website rofx.net. After logging in, the trader can choose from the packages available. A trader should select the package which seems to be the most convenient.
The bigger the deposit, the less of a percentage is paid as performance fees. The trader also has the higher share in the daily trading profit. Daily profit is calculated as 0.38%. There is loss coverage guarantee.
The following packages are available:
- Easy start
- VIP PAMM
You may view the details of the packages in the…
Fear & Greed Index Suggests A Bull in the Bitcoin Market?
As indicated by Justin Kwo, an analyst director from Bexplus, Cryptocurrency trading is a game of nerves and it cannot withstand the emotional behavior. Traders keep on changing their minds with the sudden and strong market fluctuations. This behavior reflects their psychological instability and prevailing sentiment in a particular time zone. However, in the Bitcoin market, traders’ emotions will determine their trading behaviors, which, therefore, affects the future trend of Bitcoin.
So, what is Fear and Greed Index?
Alternative.me has the most well-known and respected Bitcoin fear and greed index.
- Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
- When Investors are getting too greedy, that means the market is due for a correction.
To make it precise:
- When the index drops below 20 it indicates extreme fear.
- When the index rises above 60, it indicates extreme greed.
The result of Fear and Greed Index is calculated from the following aspects:
Volatility: the program marks wider fluctuations as a sign of fear
Market volume: if buying volumes increase significantly, the greed levels rise, too
Social media: the client monitors, gathers and counts posts on various hashtags, to see how many interactions they receive…
Origin Protocol Launches Fundraiser to Help Find Vaccine for COVID-19
Origin Protocol is selling KN95 masks at cost and shipping them to anyone in the US within 3-5 days. This is just one of the ways Origin is turning its rewards campaign into a fundraiser to support the Coalition for Epidemic Preparedness Innovations (CEPI) — a foundation that is working to accelerate the development of vaccines against COVID-19. CEPI first launched in 2017 with initial funding from the governments of Germany, Japan, Norway and the Bill & Melinda Gates Foundation. To combat the COVID-19 outbreak, CEPI has been moving with great urgency in coordination with the World Health Organization (WHO), who is leading the development of a coordinated international response.
“At Origin, we admire the critical work that CEPI is doing for people during this outbreak, and are dedicated to support its mission in accelerating the development of vaccines against COVID-19. With successful development and equitable access of these vaccines, we can fight COVID-19 together,” said Max Unger, Head of Community at Origin Protocol.
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