Time For Bitcoin Bull Run?

Bitcoin is currently riding towards a three month low and has been sent downward in the past few days by fear surrounding a hack of a small exchange in Korea, along with sentiment from US government that ICOs will be labeled securities moving forward. BTC is the digital father of cryptocurrencies, and altcoins are swift to follow it’s price movements (Often with 10-20% greater amplitude than that of BTC).

While the SEC made their stance clear that initial coin offerings and tokens will be labeled securities(and thus face more stringent regulation), they were also clear that Bitcoin is not a security. BTC will remain a commodity and this is definitely positive news for. China has recently shown signs that the BTC ban may be repealed, which would be a tremendous boost of confidence to the Bitcoin markets. While the ICO environment may be uncertain in the coming months, Bitcoin should see a resurgence in market cap domination as well as price in the months to come. BTC is currently trading at $6,766 on Bittrex, Binance, and Coinbase.

bitcoin.jpg

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥Dorado Drones (DOR)

The Dorado team has completed their ICO of DOR token, which will be listed on exchanges in the coming weeks. Dorado has built logistics network using drones that can greatly enhance on-demand delivery, and the team is in prime position to disrupt the online food and commerce logistics industry. This is not just a concept, they have already achieved a successful MVP (Minimum Viable Product) in Foodout Group- which has been operating for 3 years, is active in 6 countries, and has over 1 million platform users.

While Foodout Group has focused mainly on last mile food delivery, Dorado will expand that horizon globally to deliver anything that online shoppers should desire. The problem of last-mile delivery is one that the largest service providers such as Amazon and Uber Eats are struggling with at the moment, and Dorado has a big answer. This image from teams website explains how effective their HyperLocal Logistics platform is, which uses blockchain to connect customers to a network of human couriers, drones, and robots(yes, robots) to deliver anything from store/restaurant to front door in just minutes.

The token for Dorado's ecosystem is DOR, and it will be used to gain discounts in the network, and access to a variety of user benefits. A big incentive for these tokens is that DOR holders will receive a disbursement of 7% of the ecosystems net sales, quarterly. Considering Foodout Group already earns $50mn USD a year, this is a compelling case for Dorado’s token. The team's roadmap is solid and can be found on their website (www.dorado.tech) 200 million DOR tokens were sold in the public ICO. Look for DOR to debut on platforms in the coming weeks, as it is a project to keep an eye on.

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥Monaco

Monaco has been sinking a bit harder than the rest of the altcoin market the past three months, but the team has been continuing to make solid progress towards their goal of getting cryptocurrency in every wallet. The Monaco card is positioned to be the first cryptocurrency card that will allow people to instantaneously exchange crypto for fiat and spend like a debit/credit card. The MCO tokens allow users to gain access to a plethora of benefits and cash-back incentives in the ecosystem.

In January, the team has announced they will include credit and invest products through their app. Recently, the Monaco app went live and already over 80,000 people have reserved Monaco cards. Another interesting thing to note is that the item that is currently up on the roadmap is the release of marketing spend. With Kris Marszalek at CEO alongside the likes of former VISA and Amazon execs as advisors at Monaco, look for a strong go to market for their cards and financial products. Currently, MCO trades at $5.90 on Binance and Bittrex

  www.mona.co

www.mona.co

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥VeChain

VEN (VeChain) - The VeChain Foundation is building to become the top distributed business ecosystem. The project is being headed up by CEO Sunny LU, who was most recently the CIO of Louis Vuitton China. Sunny has been busy building top-notch partnerships and VeChain has already partnered with PwC, Cisco, BMW, Kuhne + Nagel (Massive Global Freight Company), and China Unicom (Chinese Telecom operator w/ 4 largest mobile subscriber base in the world), and Chinese Government Tobacco arm.

VeChain is gearing up to launch their mainchain, which will be named VeChain Thor Blockchain. During this launch, all VEN tokens will be exchanged to become VET at a 1 to 100 payout. This is essentially like a stock split and is positive news considering the massive partnerships the team has built. The team has also been working to get new projects to build on the Vechain Thor blockchain. Plair, a blockchain backed gaming platform and community, has been announced as the first ICO to debut on the platform. It will be an interesting couple of week but VEN/VET definitely gives a lot of reason for excitement, VEN currently trades at $4.32 on Binance.

  Image from  Hackernoon

Image from Hackernoon

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Four Reasons to be Bullish on NEO

NEO is a project that most of you are probably familiar with by this point, and it is often referred to as the ‘Chinese Ethereum.’ This is a fair high-level comparison, but NEO operates utilizing the Delegated Byzantine Fault Tolerance (DBFT) algorithm - which is a consensus mechanism (as opposed to proof of work/stake) that allows distributed systems to operate effectively and efficiently in the event of a failed component. NEO has traded as high as $180 USD in early 2018, but has since slumped heavily. It now trades around $68 USD on Binance today and has really lagged behind the recent market rally of coins like Bitcoin and Ethereum. There are many reasons that outlook remains bullish on NEO, and below we’ll go through a few:

  1. Adoption - The NEO platform already has 19 projects deployed and running, these are issued in NEP5 format and offer advantages to the ERC20 format of Ethereum. Some NEP5 tokens include Ontology, RedPulse, KuCoin, and DeepBrainChain. They have one of the largest crypto Reddit communities(r/NEO) at over 90,000 subscribers.

  2. Partnerships - The NEO team has announced they are working with the Chinese Government Authorities around integrating real-world assets and smart contracts. NEO is also a part of the G3 alliance, alongside Bitmain(largest Bitcoin mining pool in China) and Elastos (decentralized internet project).

  3. Ecosystem - NEO is positioning itself on a larger scale to become the public cloud of China, offering a full suite of tools such as NeoX (cross-chain contract execution), NeoFS (decentralized storage), and NeoQ (quantum-resistant cryptography).

  4. Leadership - Da Hongfei is a tremendously established and well-respected crypto leader in the world! Check out Coin Central’s spotlight bio to learn more about him.

NEO - smart econ0my.png

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥Civic

Civic (CVC) is revolutionizing the idea of identity management by providing cross-platform, secure, and low-cost identity management services. The Civic platform is actually a blockchain of verified identities, and the ecosystem includes users, validators and service providers. Identity information(Name, Passport, SS, etc) can be uploaded to a user’s phone and secured with a fingerprint scan. This information will be stored only on the phone and can be referenced on the public blockchain through attestations. Validators(FI’s, governments, utility companies, etc) are tasked with ensuring the information put into the public blockchain is correct, by cross-checking with public references; and they are incentivized to do so by receiving CVC tokens in exchange.

CVC tokens are the utility token of the platform and will also be used by service providers(hotels, bankes, etc) as a means of purchasing access to the rights of the users' information. This system is a massive improvement from a cost perspective on a sector that is racking up higher costs for KYC (know your customer) processes. It also provides a fully decentralized mechanism of trust and confirmation, which is important given the vast scope of the recent equinox hack. Civic's team is backed by many years of experience from their C-level, all of whom have found great success with companies like Deloitte and RBS. They know how broken the current system is, and have been doing a great job to ensure Civic addresses these shortcomings.

The Civic app is already in open enrollment for users, and partnerships between validators and service providers are growing as well. As the team expands, if they can continue to gain adoption, CVC will become increasingly valuable given it’s strongly defined use case. CVC trades at just $0.41 USD on Huobi and Bittrex at the moment.

  Civic Ecosystem, from https://www.civic.com/blog/staking-cvcs-token-behavior-model/

Civic Ecosystem, from https://www.civic.com/blog/staking-cvcs-token-behavior-model/

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥 ELF

ELF token is the fuel behind aelf, which is a top 100 market cap cryptocurrency project. The aelf team has set out to build an overarching blockchain infrastructure built to scale commercially and will accommodate all of the existing systems utilizing cross-chain tech (enabling resource isolation and interpretability). ELF will be the token used to pay fees in the system around deploying side chains and transferring tokens. The aelf network is being built to operate on scalable nodes on clusters of computers, becoming a decentralized cloud computing network. This innovative approach will create maximum computing efficiency distributed across the entirety of the network.

The goal is lofty and the price action has picked up recently around news that the team will be announcing major partnerships with large industry players at an event that the aelf team is holding in Singapore early this week. If they can deliver on some solid partnerships, and continue to progress on their product, ELF token could be a big deal. Currently, ELF trades at $1.90 USD on Binance and Huobi.

aelf.jpg

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Cryptocurrency Airdrop 101

Airdrops have become a popular term in the realm of crypto. By definition, an airdrop refers to: “a procedure of distributing tokens by awarding them to existing holders of a particular blockchain currency, such as Bitcoin or Ethereum.”  Cryptocurrency airdrops are essentially a means of receiving free tokens in a new project by holding the mainchain token it is deploying on. Examples of airdrops include Bitcoin Cash and Bitcoin Gold (both of which airdropped from a snapshot of those who held BTC.) As more projects develop, and new protocols emerge, we wanted to discuss a few tokens that could be great to hold in order to benefit from airdrops moving forward.

  1. EOS - EOS is a top ten crypto, and the team is building a blockchain platform that is feeless and scalable. The team has already announced they will be airdropping projects that will be going live on the platform such as Everipedia. The EOS mainnet will launch and June and it could pay major dividends moving forward to register and hold EOS for future airdrops as well. It currently trades at $11.48 on Binance.

  2. LRC - Loopring protocol is building a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reducing the cost of trading. LRC is an ERC20 token(built on Ethereum network), but the team will be airdropping LRN and LRQ to support cross functionality for both NEO and QTUM. As the space becomes more siloed, LRC could be a great connector, and receiving airdrops of future network support tokens could be a big advantage for those that hold Loopring. LRC trades at $0.76 on HitBTC at the moment.

  3. PRL - Oyster Pearl is a protocol focused on enhancing web revenue experiences by enabling website owner’s with an anonymous and decentralized user-friendly way to implement both revenue generation (only have to add a line of code), file storage. Recently, PRL holders received a 1 to 1 airdrop of SHL (Oyster Shell), which is essentially the gas of the network they are building. Holding PRL could yield more free tokens if the network expands additional functionality moving forward! PRL trades at $0.74 on Kucoin at the time being.

These are three projects that are not on everyone’s radar, and it is likely that the staple tokens like Bitcoin, Ethereum, NEO will also have a variety of airdrops moving forward. It is important to note that not all airdrops are supported on exchanges, and often the most effective way to receive an airdrop is to store on a personal wallet such as Metamask or a Ledger Wallet.

Always make sure to do extra homework when researching airdrops, and ensure to follow specific instructions given by the project teams themselves!

airdrop.png

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Top 3 Advantages of Litecoin versus Bitcoin

Litecoin has gained a lot of attention over the past year, and for good reason. The coin was created by former Google employee Charlie Lee in 2013 and was forked from the Bitcoin Core client. Lee is still at the helm and the Litecoin Foundation now features 6 full-time core developers and a large and growing community. LTC offers some prime advantages over BTC, and there is certainly much space for both of the coins in the future of the crypto world. Here are three key benefits of Litecoin:

  1. Faster transaction confirmation time (4x faster than BTC) 
  2. Increased storage efficiency due to scrypt usage in LTC proof-of-work algorithm  
  3. More coins to reward miners (84mn to be distributed total compared to 21mn BTC). 

These factors make Litecoin an appealing transactional cryptocurrency, and hundreds of e-commerce stores have already adopted accepting payments in the form of LTC, including Overstock.com! Litecoin's website even lays out methods and instructions for merchants to easily implement LTC payment acceptance on their websites.

litecoin.jpg

In the last month, 30% of total LTC purchased was in USD - with 50% of the total buys coming from Coinbase. This seems to be a good indicator that more people are discovering Litecoin, and it’s many benefits. After the coin has been beaten up in the bear market over the past few months, it is up 14% on the week and currently trades at $131.91 on popular cryptocurrency exchanges including Coinbase, Bittrex, and Binance.

Hot Altcoin 🔥 Lisk

LSK (Lisk) - LSK has been hit among the hardest over the last 30 days from a price movement perspective, but the ETH and BTC markets are starting to rally. Lisk's Sidechain Development Kit makes it easy for companies and developers to build their own blockchain. The tools are free for everyone, open source and written in JavaScript. Blockchain technology can provide tremendous value across a large span of industries from healthcare to supply chain management, but many companies do not have blockchain developers to build entire ecosystems from scratch. Lisk is aiming to make this process easier, much like Shopify has made deploying and operating e-commerce sites an easy and accessible process.

The LSK team announced today that they have officially released the beta version of their Core chain. Although altcoins have been hammered of late, Lisk is a project to keep an eye on. The success will depend on the adoption of teams deploying applications on the platform. If it is truly pain-free to deploy sidechains on the Lisk platform, then it certainly could have a bright future! Right now, LSK trades at $9.50 USD on Binance and Bittrex.

  Photo from Lisk team twitter(@LiskHQ)

Photo from Lisk team twitter(@LiskHQ)

Top Reasons Ethereum is Prime for a Run

Over the past four months the cryptocurrency markets have been in a bear market, but let’s take a moment to put this in perspective. One year ago today, the total market cap of all cryptocurrencies was $25 billion USD, right now it is currently $245 billion USD - this is almost a 10x increase still. The run up in December was bound to come with a correction and no one is sure how long it will last, but here are some reasons that make Ethereum an enticing coin to hold right now.

Often times, people have referred to the market cap of Ethereum exceeding that of Bitcoin as ‘the flippening’, but this has not happened to date. When looking at the total market cap as a percentage of the entire market, we see some interesting divergences between Bitcoin and Ethereum.

  Graph from  coinmarketcap

Graph from coinmarketcap

ETH experienced a massive rise to a price of $390 USD in June of 2017, where it reached its closest to surpassing BTC as the largest market cap as a percentage of the entire market. Since that time, BTC continued to assert dominance in the market as it rose to a massive price peak of over $19,000 in December of 2017. Through April of 2018, ETH and BTC have both taken price hits, but the dominance in the market cap percentage has been rising for BTC, while it has been steadily decreasing for ETH. This is interesting considering the growing number of Ethereum dapps...


Ethereum dapps, which are many of the projects that you have seen ICO using ERC20 tokens, actually make up an astounding 85% of all crypto assets that have been issued under existing blockchains. All of these run on ETH as their ‘gas’ and rely on it to successfully operate, making Ethereum’s value crucial in the scope of smart contract projects. Because of Ethereum’s unique ability to cultivate and support deployment of crypto projects, it is in a great position to continue to thrive in this space. While there are cryptocurrencies that are building very similar functionality and even claim to have advantages over ETH, such as EOS and Cardano (ADA) - they have no working products at the moment. It will be important to keep an eye on projects like these, but ETH talks the talk and walks the walk.


While BTC is certainly the king of crypto today, ETH is the king of dapps. You can view all Ethereum projects, including 515 that are live and actively earning profits at State of the dapps. This increasing dapp support, along with the recent slide in market cap dominance, could be an indicator of an Ethereum run to come when the bear market subsides. ETH trades at $363 USD today on just about all crypto platforms such as Bittrex, Coinbase, Gemini and Binance.

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Altcoin 🔥Wanchain

WAN (Wanchain) - Wanchain is building the world's first distributed “bank”. Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved and modern framework. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Jack Lu leads the team as a former senior software architect of Xerox and Hewlett-Packard, and with strong experience in decentralized technologies as the builder of Factom.

Wanchain’s president is Dustin Byington, who is a former employee at Goldman Sachs, and he is looking to use his connections in the world of finance to further the integration of the platform. WAN trades exclusively on Binance and is trading at $4.18. The team has just announced 3 ICOs (AllSpark, GameBank and UTour) that will take place on it’s platform and WAN should continue to trade on more exchanges as well, giving reason to be excited about the project.

wanchain.jpeg

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

3 Altcoins With Real World Use Cases

As more and more Altcoins emerge, it can be hard to determine value when so many do not have even have a working product. This is a big reason that cryptocurrencies are considered a highly speculative investment. We wanted to take the time to highlight some projects that we think are addressing tangible use cases with specific applications and solutions! Here are 3 Altcoins that have real world use cases:

  1. MTL (Metal Pay) - Metal Pay is building a payment app that is a lot like Venmo for cryptocurrencies. Using Metal Pay allows you to transfer money to anyone, any time, and rewards every transaction. Metal’s ‘Pop’ features automatically pays out 5% in MTL every time a payment is sent, and the app will support integrations with big banks such as Chase, BofA and Citi, offering an instantaneous bridge between fiat and crypto. MTL could push crypto towards the mainstream and would certainly be simpler solution to sending payment than the standard wallet address copy-paste method (which can limit non-technical folks). The team has been transparent in uploading Metal Pay demo videos to their youtube, and marketing is picking up around the upcoming app launch. it will be interesting to see how adoption of the app plays out and could be worth keeping an eye on as MTL trades at $3.60 on Binance currently.
  2. PRL (Oyster Pearl) - Oyster Pearl is creating the future of website monetization and distributed storage, built on IOTA Tangle and Ethereum. Oyster enables a user-friendly way to implement both its revenue generation (only have to add a line of code). Website visitors contribute a small portion of their CPU and GPU power to enable users' files to be stored on a decentralized and anonymous ledger - In return, the website owners get paid indirectly by the storage users and website visitors can enjoy an ad-free browsing experience. PRL trades at $0.81 USD on Kucoin and Cryptopia. The PRL team will be performing an airdrop of SHL(Oyster Shell) in the near future, SHL will be used to pay for connectivity and Dapp operation across the Oyster meshnet and SHL will be paid out automatically to all PRL holders at a 1:1 ratio.
  3. ELA (Elastos) - Elastos is the building the first internet operating system that uses the internet as the base-layer infrastructure rather than an application. Elastos will call this the SmartWeb, and Dapps will be able to run on a peer-to-peer network without centralized control.The goal of the team is to build a new type Internet community with honesty and without network attacks. Recently, the team posted a photo of an iphone running on the Elastos operating system to Twitter (see tweet here). There has been a lot of mystery behind ELA as the circulating supply has not yet been reported on coinmarketcap, and many believe this number will be low due to a variety of lock ins by the team and some early investors; which could send the price higher. Regardless, after forming the G3 alliance with NEO and Ontology (ONT), Elastos is a project that is in good company, and could be worth checking out as it trades at $37 on Huobi currently.
3altcoins.jpg

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Top 5 Altcoins to Watch in 2018

As Bitcoin is starting to show signs of life again, we wanted to highlight some Altcoins that could go big in 2018. It’s always important to know Altcoins often are associated with higher risk. Approach these with caution, but understand with higher risk comes higher reward. Here are 5 Altcoins that are positioned well for the future:

  1. VEN (VeChain) - VeChain is looking to become the top distributed business ecosystem and is led by CEO Sunny Lu (former CIO of Louis Vuitton China). They are making a compelling case with a power lineup of confirmed partnerships that include PwC, Kuhne + Nagel (Massive Global Freight Company), BMW, and China Unicom. The team is offering varying levels of nodes to those who lock in large portions of VEN, which will enable higher staking bonuses of THOR (similar to NEO/GAS relationship). VEN trades at $3.83 on Binance and is starting to rally after getting beat up the past couple weeks.

  2. NANO - NANO (formerly Raiblocks) saw a massive surge around the turn of the year, trading as high as $37 at one point. The price took a big hit with the recent bear market alongside a BitGrail exchange hack (which had nothing to do with NANO tech, but was the fault of an incompetent exchange operator). Recently, the price has been steadily rising and Twitch embraced NANO as a means of donating crypto to streamers on the Twitch platform. Thanks to it’s unique block lattice architecture, NANO already offers feeless, instantaneous transactions, as well as unlimited scalability, making it ideal for peer-to-peer payments. NANO trades at $11.77 on Binance, and offers an extremely diversified holding in block lattice technology that is starting to get the credit it deserves.

  3. EOS - EOS is building a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. They have been running a unique year long ICO and will release their mainnet in the coming months. Projects such as Everipedia have committed to airdroping tokens that launch on the EOS network for free to those who hold EOS. Currently, EOS trades at $6.13 on Binance and Bithumb and it should be exciting to see how the mainet launch and future airdrops play out heading into June.

  4. NEO - NEO has emerged as one of the strongest altcoins due to it’s committed team, large community and its strong positioning as the cryptocurrency of China. They have further solidified that positioning in China with the recent formation of the G3 alliance alongside ONT and ELA, and the country continues to show a strong commitment to innovations in the blockchain space. Holding NEO on Binance receives monthly GAS payouts, which you can calculate here. NEO trades at $91.32 at the moment on Binance and Kucoin.

  5. XMR (Monero) - Monero is the leader in private and censorship-resistant transactions and has been for a few years. A team of researchers at Princeton recently found it to be the only truly untraceable coin. Moving towards the future of the space, XMR may prove to be immensely valuable to many who are looking to truly move in silence, and no other coin offers this at the moment(according to Princeton). XMR has a strong dev community and trades at $284 on Bittrex at the time being and is the strongest of the privacy coin holdings available.

top 5 altcoins 2018.jpg

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Coins 🔥 WePower

WPR (WePower) - WePower recently finished up their ICO in February, during which they raised $40 million USD. The WPR team has set out to fix the problem of companies using dirty energy sources (think fossil fuel / CO2 heavy gas emissions). They are addressing this problem by empowering a more decentralized process of building green energy projects. The two main use cases are as follows:

  1. Deploy smart contracts that enable participants to invest and finance green energy projects as well as acquire green energy in an efficient, secure and transparent way.
  2. Provide access to live trade renewable energy across the globe, think of this as a green energy ‘secondary market’.

At its core, WePower is a lot like an independent energy supplier that is aiming to take power away from big oil money and put it into the hands of the general public, to help build a greener tomorrow. The team recently met with the European Commission, who was interested in learning more about the vision. WePower also announced a partnership with Elering, who is the main supplier of independent electricity and gas in Estonia.

It’s encouraging to see the founder of the project, Nikolaj Martyniuk, has over 10 years of experience in the green energy sector, and spearheaded the building of the largest power plant in the Baltics as CEO of Modus in 2016. The WPR project is still early days, yet it offers a differentiated approach, an extremely applicable use case, and strong ties to the industry leaders and bureaucratic powers that be(whether you want to admit it or not, this is important).

WPR currently trades at $0.21 USD on Huboi, and just barely missed out on winning Binance community coin of the month vote (Elastos won the listing). With a Market cap ranking of 165, this is a small-cap crypto project worth paying attention to!

WePower_CB.jpg

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Coins 🔥 Elastos

ELA (Elastos) - Elastos is the building the first internet operating system that uses the internet as the base-layer infrastructure rather than an application, where Dapps will be able to run on a peer-to-peer network without centralized control. As a result, application programs are unable to access the network, which eliminates most viruses and attacks (especially DDoS attacks) on the internet. The team’s thinking is that network communication should be separated from application computing. Because Elastos is building an entire operating system, the final product will be a decentralized, open source, blockchain-driven platform with a robust economic infrastructure. On Elastos, running decentralized applications and turning digital content into transferable assets will be possible, and ELA tokens will serve as the base currency with a variety of crucial utilities. For instance, projects that are built on Elastos will distribute 20% of their token to the Elastos Foundation, and the remaining 80% will be airdropped to ELA holders for free.  

The Elastos project really began in 2000, when Rong Chen left Microsoft to build the world’s first internet operating system. Since then, the project has received funding from Foxconn and recently formed China’s ‘G3’ alliance alongside NEO(China’s largest crypto project) and Bitmain(largest blockchain mining company in China). With China’s growing commitment to embrace blockchain technologies and cryptocurrencies, Elastos is clearly a project of massive scale. ELA has remained relatively under the radar until recently, and currently trades on just one exchange (Huboi) at $76.69. This week, It looks like ELA is going to win the Binance Community Coin of the Month vote, which would be a big listing for the project. Regardless, the future looks bright for Elastos!

elastos.png

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Coins 🔥 OmiseGO

OMG (OmiseGO) - OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets. OMG enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, OmiseGO has already partnered with large names such as McDonalds, MUFG and Mizuho Bank. Omise is a payments company that has been around since 2013, the team is experienced and they already have a strong foothold across Asia - which primes them well to be able to launch the OMG network. It also doesn’t hurt that Vitalik Buterin, the creator of Ethereum, is advising the project.

Over the rest of 2018, the team’s road map is to complete building the entire OMG network alongside plasma-chain. After completion, and stress testing the network heavily, they will welcome all companies, applications, institutions, and governments to join the network of finance, banking and payments. OMG trades at $16.89 on Binance. and is ranked 22nd in market cap. There is a lot of hype around OmiseGO for good reason, and it could moon if the network launch stays on track.

 

omg.png

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Coins 🔥 NANO

XRB (NANO) - Two months ago, we tabbed XRB as a Hot Coin, it was trading at just over $1 USD at the time, and under the name Raiblocks. Since then, a lot has happened. We saw a massive surge in the price up to $37 USD as many came to see the massive potential and demonstrated success of block lattice technology. The XRB team also rebranded from Raiblocks to NANO. Recently, the bear market combined with the shakeup of the BitGrail exchange hack has seen the price fall down to $8 USD. We are calling on XRB as a hot coin once again, because NANO offers feeless, instantaneous transactions, as well as unlimited scalability, making it ideal for peer-to-peer transactions. The dev team has been nothing but phenomenal and this controversy is the fault of a con-man who ran a deficient exchange(BitGrail) into the ground. XRB trades at $8.65 USD on Binance today and as many remain fearful, it may be a time to be greedy…

Always research exchanges before buying!

NANO_XRB.png

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Coins 🔥 Bitcoin and IOTA

BTC (Bitcoin) - Bitcoin has taken a hit over the past few weeks as the bear market has creeped in, but this is not the end of the king. BTC is the staple cryptocurrency that has a devoted developer following, and proven effectiveness. Concerns over longer transaction times and higher fees will continue to subside as Lightning Network develops further, directly addressing these concerns in the process. Satoshi's vision is very much alive in Bitcoin and when the time comes for the next bull market, Bitcoin usually leads the surge ahead of Altcoins. It trades at $8,158 USD on Bittrex and Binance today.

IOTA (IOTA) - IOTA is a revolutionary, next generation public distributed ledger that utilizes a novel invention, called a “Tangle”, at its core. The Tangle is a new data structure based on a Directed Acyclic Graph. Three big advantages of IOTA are that it offers a network that is extremely scalable, has no fees, and is quantum-proof (something that is extremely valuable as we look towards the future of computing). Another aspect that has many excited is that transactions are self validating and do not require miners. IOTA is trading down at just $1.67 on Binance today and looks like a solid hold for the long term.

IotaPic.jpg

 

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

Hot Coins 🔥 Monero, Oyster Pearl & Wanchain


XMR (Monero) - Monero is a leading privacy cryptocurrency, XMR has been the leader in private and censorship-resistant transactions for a while and for good reason. Data privacy is of increasing importance in a world where our internet personas are ever tracked, followed and targeted. Monero is among the most reputable projects in the dev community and was recently found by a group of researchers at Princeton to be the only untraceable coin. Monero does not market heavily as most coins do, which should be considered a good thing. Although the market cap rank is 12th and the coin trades at $330 USD today on Bittrex, there is much room for growth in XMR.

PRL (Oyster Pearl) - Oyster Pearl is creating the future of website monetization and distributed storage, built on IOTA Tangle and Ethereum. Using smart contracts, revenue can be generated from online content by utilizing just a line of code in the front end in the website. Website visitors contribute a small portion of their CPU and GPU power to enable users' files to be stored on a decentralized and anonymous ledger - In return, the website owners get paid indirectly by the storage users and website visitors can enjoy an ad-free browsing experience. Test net A released this month and Test net B is releasing next month, with the main net set to go live in May. Oyster Pearl is a project that has a lot of potential, PRL ranks 213 from a market cap perspective and currently trades at just $1.18 USD on Kucoin and Cryptopia.

WAN (Wanchain) - Wanchain aims to build a distributed “bank”. Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved and modern framework. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Jack Lu leads the team as a former senior software architect of Xerox and Hewlett-Packard, and with strong experience in decentralized technologies as the builder of Factom. With the test net going live last week and the coin set to begin trading on major exchanges before Chinese New Year, WAN should hit exchanges at ~$2-5 USD and should continue to rise from there if they are able to deliver.

wanchain.png

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.