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Top 3 Crypto Trends That Might Go Big in Q2 2019

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So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the attention, particularly thanks to Binance and its Launchpad. The platform returned with BitTorrent (BTT) token launch, which was one of the most successful token sales in history. Soon enough, pretty much every big exchange out there launched its own coin launcher, and IEOs were born. The main difference between IEO and ICO is that IEO is controlled by an exchange, who researches and picks the projects to support. This allows investors a certain dose of security, as long as they trust their chosen exchange.

Also, IEOs are sold only to the exchange’s customers, and the new tokens can typically only be obtained in exchange for the exchange’s native coin. This is a much safer way of buying and selling new cryptos, and the rest of 2019 might as well allow IEOs to become as popular as ICOs did two years ago.

2. Bitcoin Exchange Traded Funds

We cannot talk about hopes for the crypto space without mentioning Bitcoin ETFs, which are still to be approved by the US SEC. The regulator was supposed to bring the decision about ETFs multiple times in 2018, but they constantly rejected each and every application until VanEck and SolidX submitted their own.

While the SEC did not flat out reject it, they did delay the decision time and time again. Then, the US government shutdown kicked in, preventing the SEC from doing its job, and forcing VanEck and SolidX to withdraw their proposal, and prevent the remaining SEC members from rejecting it, simply to prevent it from passing.

While there are no hints that Bitcoin ETFs will arrive in 2019, many expect this to be the year of their approval. With so much hype and excitement, Bitcoin price is known to react strongly to any news in this area, but the final decision, as always, depends on the regulators.

3. DeFi

DeFi, or Decentralized Finance, is yet another thing that is expected to go big in 2019 and allow the crypto space to start developing much faster. The term is not easy to describe, as it involves multiple aspects of crypto and blockchain industries. It includes things like crypto exchanges, various financial tools, stablecoins, dApps, the Lightning Network, and much, much more.

In a way, it is a collection of seemingly separate ecosystems that work together and contribute to the development of an entire, digital, decentralized version of the financial industry.

One of the good examples of major factors within it is Maker DAO, which allows the creation of Dai in exchange for ETH coin that is stored within smart contracts as collateral. At the time of writing, Maker Dao is holding nearly $370 million in ETH.

Then, there is Bitcoin’s Lightning Network which is expected to go live this year and revolutionize BTC transactions and improve the network’s scalability. Many other projects with a seemingly random purpose are being developed out there, and all of them have their own place in a puzzle that is crypto industry. With each of them reaching completion, the puzzle is getting more and more solved, and the picture is becoming clearer. With that in mind, we are looking forward to new developments in Q2 2019.

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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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Altcoins

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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