Author: Blocktoq Team

Asia is a market where cryptocurrencies and blockchain technology are growing more and more. In particular, this applies to developed countries such as China, Japan, Singapore or Taiwan. However, also less developed countries are more and more crypto-friendly, including Thailand, which recently tested blockchain-based solutions during parliamentary elections. Another country that has a chance to “welcome” the cryptocurrency industry is Vietnam. The world-class cryptocurrency exchange The Vietnamese company Linh Thanh Group announced establishing cooperation with a Swiss company from the blockchain market named KRONN Ventures. The purpose of this cooperation is to create the first legal, fully authorized cryptocurrency exchange…

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In the last few years, there was a lot of noise around cryptocurrencies. Some people say that it’s a bubble which will burst in a few years, some say that it’s a MLM (multi level marketing) business, others are interested in the topic and understand basic concepts. Enthusiasts are only a small part of our society, with a decent understanding of the idea behind cryptocurrencies, believing in its application in everyday life. They even think that crypto will replace FIAT! This is tied to a separate phenomenon in the world of cryptocurrency: stablecoin. Is the idea of replacing FIAT with…

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Tim Draper, a well-known venture capital investor and Bitcoin enthusiast met with President of Argentina, Mauricio Macri on March 20. Draper was encouraging him to legalize Bitcoin and use it to replace Argentinian peso. The purpose of legalizing Bitcoin, according to Draper, is primarily to improve the economic situation of the country and attracting more Latin American investors. “We spoke about Bitcoin and the devaluation of peso, and I proposed a bet: if  peso would be valued higher than Bitcoin, I would double my investment that I was making in the country. But if Bitcoin gained a higher rate than…

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According to data shown by a well-known Bitcoin market analyst PlanB, Bitcoin prices might reach $55,000 sometime around 2020 or 2021 after halving in May 2020. “Every halving, bitcoin [stock-to-flow] doubles and market value increases tenfold.”, claims PlanB. “This is a constant factor.” A very interesting analysis has been presented on Medium, where PlanB predicts Bitcoin’s market value to reach 1 trillion dollars! “The predicted market value for Bitcoin after May 2020 halving is $1trn, which translates into a price of $55,000 per token.”, he states. After halving, Bitcoin rewards for mining a block will be reduced from 12.5 to…

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During the 2017 crypto boom, ICOs became a very popular fundraising method. However, according to researchers, 80% of these projects are just scams, as virtually anyone can launch its own ICO, which is not going to be controlled by any third party. Initial Exchange Offering (IEO) seems to solve this problem. What is it and is it old wine in a new bottle, or rather a revolutionary solution? Let’s take a look: What is IEO (Initial Exchange Offering)? Simply put, unlike ICO, IEO is not open to the public. As its name indicates, IEO is a token sale backed by…

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Democratic Party’s new candidate for the US presidency is Andrew Yang, a huge supporter of cryptocurrencies. Let us recall that the presidential election will take place in 2020. Champion of Change Andrew Yang is an entrepreneur and founder of Venture of America (VFA), a non-profit organization established in 2011 and based in New York. Venture of America aims to revive American cities and communities through entrepreneurship. Praised by the Obama Administration in 2012, Yang was elected “Champion of Change” and later, in 2015, recognized as “the President’s Ambassador for Global Entrepreneurship.” $1000 for every adult The slogan of Andrew Yang’s…

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