Bitcoin (BTC) UTXO Growth Signals Renewed Crypto Optimism

Bitcoin Accumulation Season Filb Filb, once again, has unveiled a reason why crypto investors shouldn’t be all too gloomy. The analyst recently wrote that the number of UTXOs (Unspent Transaction Outputs) on the Bitcoin blockchain is nearing the all-time high it established at the peak of 2017’s BTC run, indicating that “accumulation is real.” The prominent trader claims that this uptick in UTXOs, which signals that a growing number of Bitcoin receivers are “HODLing” their coins, was a result of December’s capitulation event, which brought BTC from $6,000 to $3,000.…

China Rates TRON as the 2nd-Best Cryptocurrency: Why the Optimism?

A government agency in China has rated TRON, the third largest decentralized application (Dapp)-focused crypto project, as the second-best crypto asset in the world behind EOS. The Center for Information and Industry Development (CCID) under China’s Ministry of Industry and Information Technology rated TRON highly in several categories including applicability and technology. #TRON is ranked as the second-best crypto project by The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology. $TRX #TRX pic.twitter.com/raASnNISIf — Justin Sun (@justinsuntron) February 28, 2019 While TRON secured…

Crypto Market Surges in Daily Volume to $13 Billion, Renewed Optimism

Twitter Facebook LinkedIn Over the past three days, the volume of major cryptocurrencies and the rest of the crypto market has increased substantially, from around $10 billion to $13 billion. Bitcoin, in particular, has seen a large increase in volume from $3.1 billion to $4.3 billion within a week, by more than 40 percent. Led by the positive price movement of Bitcoin and its noticeable increase in volume, the value of other major cryptocurrencies like Stellar (XLM), Cardano (ADA), and Tron (TRX) has increased by the range of 3 to…

Spain Remains a Primary Example of Blockchain Optimism on All Levels

On Sept. 17, Europa Press reported on the contract the autonomous community of Aragon, one of the 17 Spanish autonomous communities, signed with Alastria — a blockchain ecosystem of more than 274 entities, including companies and institutions which create blockchain-based tools in line with Spanish and European Union legal frameworks. This blockchain is aimed to improve the transparency and efficiency of the administration, which in turn will attract business and investments. A week later, federal officials decided to keep up with their regional colleagues with the national Ministry of Agriculture,…

New Survey Reveals Crypto Optimism Tempered by Bear Market

New Survey Reveals Crypto Optimism Tempered by Bear Market September 5, 2018 by Ian Edwards A new survey of crypto investors and consumers showed that sentiments towards cryptocurrencies and blockchain remained mostly positive, despite the overall drop in the markets during 2018. Majorities of both investors and consumers planned to increase their crypto holdings in the next year, while bitcoin saw a substantial increase in positive sentiment. Also see: Goldman Sachs Effectively Pumping the Brakes on a Crypto Trading Desk Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders &…

SIX Group Executive Questions Launch of Crypto Trading, Expresses ICO Optimism Instead

Thomas Zeeb, CEO of securities services at Switzerland’s top stock exchange SIX, revealed that the firm is unlikely to launch crypto trading, Business Insider reported August 17. According to Zeeb, cryptocurrencies are really “not a priority” at the moment, taking into account the fact that there are a number of other platforms that provide Bitcoin (BTC) trading services. Moreover, Zeeb noted that there are still some “reputational” issues surrounding Bitcoin, also suggesting that Bitcoin is all about “hope and hype.” However, the head of securities services at top Switzerland’s stock…