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Ethos (ETHOS) Is Running On A Smart And Well Executed Rebranding

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Ethos (ETHOS) gained just short of 50% on the USD over the last twenty-four hours and the coin now trades for a market capitalization in excess of $690 million. Twenty-four-hour volume peaked and hit fresh all-time highs at just shy of $34.5 million and price, right now, sits at $9.15, up close to 600% on the token’s mid-December pricing.

Ethos Daily Chart

Ethos Daily Chart

So what’s going on?

Let’s try and figure that out.

For anyone new to this coin, it’s worth starting off with a bit of background. Indeed, in some ways, this is a brand new coin while, in others, not so much. What do we mean by this? Well, Ethos is a new name, a rebranding of an older coin (and company) called Bitquence, which was previously denominated as BQX. As per this post by the company’s CEO Shingo Lavine back in November, Bitquence rebranded to Ethos for a couple of reasons but, primarily, because the company wanted to position itself as a mainstream player and the name Ethos more accurately reflects this positioning.

So that makes sense, but what’s the company and it’s token all about, rebranding aside?

Ethos bills itself as a universal wallet meets super-powered digital currency dashboard meets social network.

That sounds like a pretty wide spectrum of services but the company has actually done a pretty nice job of bringing everything together. Basically, it’s developed a multi-token wallet (so, a single wallet that you can keep a whole host of different cryptocoins in at the same time) and it’s linked this wallet to a cold storage facility and a liquidity network, which allows users to deposit, withdraw, send or exchange any of their crypto assets instantly with maximum liquidity.

There’s also a crowd-driven element to the wallet, which allows for community consensus features, ratings and reviews, social insights, all that sort of thing, with the goal being for this side of the platform to allow Ethos wallet holders to pick up investment info and to subsequently use the platforms instant-split diversification feature to spread risk (or chase reward) across a basket of cryptos – again all in the same wallet.

That’s the background, then, but what’s driving the recent rise in market capitalization?

This one’s all about exposure. A solid and steady stream of communication with both token holders (so, those with a vested interest in growth) and with the wider industry (so, those who might be looking to take a position in the future) is incredibly important right now in this space and this is something that Ethos, since its rebranding, has been great at.

The company regularly puts its team members in front of interviewers, holds q&a sessions and published in-depth development and operational advance reports across a host of different social outlets.

This has translated not just to a strong level of awareness regarding what Ethos is trying to achieve but also – and this is just as important, if not more so – a strong degree of confidence that the company can achieve its goals.

As such, when traders and investors are looking for potential allocations, and they are being presented with the choice between this coin and another, they are choosing Ethos.

So what’s next – can this run continue?

We think it can. The rebranding looks to have been incredibly successful and it has served as a platform from which the company can really start to leverage its strong points and move forward into what could be a great 2018.

Keep in mind that we might see a small correction on the current run (5-10% or so) as the shorter term operators pull profits off the table but – at the same time – any dip might be a nice opportunity to pick up some cheap coins ahead of an overarching return to the upside momentum.

We’ll be watching this one closely moving forward.

We will be updating our subscribers as soon as we know more. For the latest on ETHOS, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.


Image courtesy of Ethos.

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Bitcoin

New Tendencies of Bitcoin Gambling

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Gambling has always been an integral part of human nature. Nothing is sweeter than the money you win, and that’s why wagering games have always captivated people throughout history. Last couple of decades saw the gamblers switch increasingly towards virtual gaming, instead of physically being inside a casino. The popularization of online casinos led to the integration of Bitcoin Gambling into the systems and today a very large share of the casino industry is based on the virtual currency.

Reasons behind the transition

The tendency to switch from classic casino environment was dictated by the fact of mobility and accessibility. But the new age has brought us cryptocurrencies like Bitcoin that revolutionized the gambling business. From now on, the gamblers of the world don’t have to rely on traditional banking transactions to be able to enjoy themselves online. A simple crypto-wallet and ownership of virtual currency is enough to engage in Bitcoin Gambling.

Bitcoin Gambling and Blockchain Technology

The big reason for the heavy shift towards Bitcoin Gambling is the fact that Bitcoin and other cryptocurrencies are based on the blockchain technology. This means that the process is decentralized, resulting in a much faster speed of transactions, when it comes to depositing or withdrawal of funds in or from the casino accounts. It also makes gambling incredibly secure,…

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Bitcoin

Bitcoin will return to the bear market? Bex500 senior investor teaches you how to get profit in the Bear market

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—— Don’t forget to join Bex500 bonus program at the bottom of the article.

Since September, the Bitcoin price has been decline from beyond $10000 to below the $8000, which 20% of the bitcoin value has been removed. The collapse of bitcoin price brings about the new panic in the bitcoin trading market. Many bitcoin investors are scared of the returning bear market as the early of this year. On the contrary, some of the bitcoin-believer, especially the investor who brought Bitcoin in the height of the price still thought that the bitcoin price will rebound very soon. However, it is no doubt that the early stage of the bear market has been shown up in the past month. Many crypto analysts start to predict the bottom price of this market movement.

However, as the market developed, crypto traders have detected more tools to safely pass through the bear market. They realized more ways to avoid the loss of the price decline; moreover, they began to earn profit from the bear market. The key to the tools is the bitcoin futures contracts. We are honored to make an interview with Bex500 senior investor Tom Beck and he introduces the details about bitcoin futures contracts. (Reporter=R, Tom Beck=T)

R: Hi, Tom, Thank you for accepting our interview, Could you introduce yourself?

T: Sure, My name is Tom, I have over…

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