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Ethereum Tops In Crypto Meetups

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For the most part of their decade-long history, cryptocurrencies were unknown or ignored by the large part of today’s traders, investors, and enthusiasts. It wasn’t until the second half of 2017 that most of the current crypto community truly paid attention to this technology.

This is when digital currencies experienced the largest surge in value in the last ten years, and when thousands upon thousands new investors rushed in, wishing to join the new market. However, as soon as 2018 arrived, a price crash followed, with many believing that this will be the end for digital currencies.

While the bear market did not help their development, or their expansion into the mainstream, the interest in crypto did not go away. In fact, it kept growing, and online searches for cryptocurrencies, Bitcoin, numerous altcoins, and alike have had a surge of their own.

Additionally, as the community kept growing, it established a large presence on numerous social networks. Websites like Reddit, Twitter, and alike have become a home to some of the largest and most supportive coin communities. One report from September 2018 claims that there has been a 1500% increase in social media activity regarding Ripple (XRP), the third largest coin by market cap.

While this was likely sparked by events surrounding XRP products such as xRapid, the increase in activity also extended to Ripple’s price, which doubled in a span of a few days. However, all of this still pales in comparison to crypto activities on a platform called Meetup.

Crypto meetups growing in number

Meetup is one of the most popular platforms for organizing various events around the world. While it is not crypto-specific in any way, the presence of crypto community on this platform has been quite noticeable in recent months.

Contrary to expectations, however, it is not Bitcoin community that is dominating this platform. Instead, it is Ethereum meetups that have been largest in number so far. So far, Meetup reported over 245 regular Ethereum meetups that were organized around the world. This is likely due to the fact that Ethereum doesn’t focus on being a currency alone. Instead, its network offers the creation of dApps, new altcoins, smart contracts, and alike, which makes it a “busier” place.

Bitcoin, on the other hand, only has around 102 regular meetups, which makes ETH more than twice as popular on this platform. However, Bitcoin doesn’t even take the second place, which was claimed by EOS, with 145 regular meetups around the world. Instead, BTC is third by meetup number, and the last coin to have the number of meetups exceed 100.

On sites like cryptomeetups.io, such events are listed and categorized by cities, which makes it significantly easier to find the closest one, and participate in it. Of course, all information comes from meetup.com itself, which makes it reliable. Furthermore, these meetups are not only for crypto enthusiasts but also for those interested in blockchain technology as well.

Other notable cryptocurrencies that have grown popular on Meetup platform include Cardano, with 54 regular meetups, as well as IOTA, that numbers around 40 of them. Monero is among the most popular privacy coin with around 16 meetups, while Stellar has 24 regular events. Surprisingly, the third largest coin by market cap, Ripple, only has 15 meetups, according to information provided by the platform. However, apart from these coins, other currencies have significantly less.

These numbers clearly indicate which coins are among the most popular ones among the community, with Ethereum undoubtedly leading the race. While this should not be taken as a hint which coins to invest in, it should definitely be kept in mind, since it provides a valuable insight into what actually interests the community.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Blockchain-Focused ETF Arrives on London Stock Exchange

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The crypto community is still waiting for the US SEC to approve Bitcoin ETFs, with speculation which application might get approval being one of the hottest topics in 2018. However, come 2019, the US government shutdown dragged on, and the Bitcoin ETF request which had the most potential to see a grant got withdrawn by the very companies that submitted the application.

While the question of BTC ETF remains hanging in the air, blockchain-focused ETFs seem to be a different matter entirely. In a recent announcement by an independent investment managed firm called Invesco, the company has stated that it was about to launch the largest blockchain-focused ETF in the world. They managed to go through with this plan, and the ETFs have reached the London Stock Exchange today, March 11th.

The exchange-traded fund includes a portfolio containing as many as 48 different firms which are bringing exposure to the emerging technology. Among them, there is Taiwan Semiconductor Manufacturing, which is a well-known creator of chips used for crypto mining, as well as the CME Group, which is the first regulated exchange in the US which launched Bitcoin futures. There are many other well-known companies as well, such as Intel, Microsoft, and others.

Chris Mellor, the Invesco’s head of ETF equity product management in Europe, said that blockchain has a huge potential to increase earnings, even though…

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Could Jeff Bezos Turn to Bitcoin to Hide Fortune from Wife?

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Amazon’s Jeff Bezos has made numerous headlines recently due to his overly-publicized divorce, which shows all signs of being one of the most expensive ones — if not THE most expensive one — in modern history. According to estimates, it might cost him as much as $70 billion, which will make his soon-to-be-ex-wife the richest woman in human history.

However, as the process continues to unfold, many have started wondering if things may have ended up differently for Bezos if he turned to Bitcoin for help.

Bitcoin as a divorce tool?

In the last several years — since Bitcoin and other cryptos hit fame — many have started turning to BTC during their divorce proceedings. In fact, it can even be said that using the largest cryptocurrency in this way has become a new trend. The trend has been gaining so much strength that numerous law companies started including advice on what to do in regards to Bitcoin as part of their websites.

However, while the trend has been picking up in recent years, it is nowhere near as easy as it might seem. For example, if there is even a suspicion of a spouse having undisclosed holdings appears during the divorce process, it might be enough to impact the final decision of the judge. In other words, even if there is a complete lack of evidence, but…

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Three Biggest Things To Know Come Cryptocurrency Tax Season

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In recent years, digital cash systems known as cryptocurrencies such as Bitcoin and Litecoin have exploded into the public eye. A blend of cash and stocks, their use and value has grown exponentially. In 2017, the IRS decided to focus great effort on taxing them. In theory, this should be as simple as calculating taxes on any other type of property, bond, or other assets. Cryptocurrency, however, presents a unique challenge. The full extent of one person’s crypto activity can stretch across dozens of platforms and take a variety of different forms. This makes it difficult to gather all of this information cohesively, much less begin the seemingly- complicated process of reporting it.

These three tips should help anyone looking to legally report their crypto activity to figure out where to start.

Documentation is key!

There are dozens of different “exchanges” individuals can use to change their cash into crypto. When the flat currency is changed into cryptocurrency at the exchange, you establish your cost basis. This makes this data crucial when you begin the process of reporting.  Those who have used a variety of different exchanges should keep detailed records of everywhere that they made trades. Once tax season arrives, most exchanges will allow users to view their entire trading history with that exchange. This information will be necessary later to complete taxes.

Calculate your total gains

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