Market Cap:24h Vol:Cryptocurrencies: 2767Markets: 18699ENGESTRUSTURHANSDEUCHIKOR USD TWDTZSUAHUGXUYUUZSVEFVNDVESVUVWSTZARZMWZWLCurrencies Exchanges Blog BTC Halving LTC HalvingBlockfolio Watchlist Currency Converter Website Widgets Buy / Sell Instantly Mining Equipment Bitcoin Blockexplorer Currencies Top Gainers Top Losers High / Low Exchanges Blog Initial Coin Offerings Events Wallets Mining Pools Currency Converter Website Widgets Buy / Sell Instantly Blockfolio Watchlist Bitcoin Blockexplorer Mining Equipment Advertise Contact Us Login Register Market Cap24h Vol2767Cryptocurrencies18699MarketsCryptoNewsZ2019-05-29 11:19:58 Basic Attention Token eyes NYCs top media firms for Brave adoption Basic Attention Tokens unique business model has up the ante for other alt coins Basic Attention Token is growing rapidly since the beginning of 2019 and has been bringing top notch partners onboard including Apple, Starbucks and Amazon among others. The firms partnership with The post Basic Attention Token Price Analysis: Basic Attention Token (BAT) gets the right attention of investors and media firms appeared first on CryptoNewsZ.Most Read 5-302019-05-30Related News30 May 201930 May 201930 May 201930 May 201930 May 201930 May 2019Please enable JavaScript to view the comments powered by Disqus.Get Crypto NewsletterMarket Cap24h Vol55.21%Bitcoin Share183Today News

C R Y P T O C U R R E N C Y E X P L A I N E D What Is The Basic Attention Token (BAT) Overview and Explanation in 4 min readAdvertising can be so nice if it werent for tracking user behavior. The solution in sight? But yes in the form of a new browser, the Brave Browser, and the Basic Attention Token BAT. The inventor of the programming language JavaScript and co-founder of Mozilla and Firefox, Brendan Eich, launched the new payment service.The Basic Idea Behind The Basic Attention Token Is Quite Laudable: Use of the browser with your own advertisements Distribution of advertising revenue in equal shares between website operators, users, and Brave developersThe transparent and efficient digital advertising marketFewer, but more targeted ads for usersAdvertisers receive better data on their productsBlockchain-based payment system with BATPrevention of manipulation of click numbers by botsWithout misuse of personal and mobile data of users for ads and trackersThe Basic Attention Token Is Intended To Change Digital Advertising It is currently estimated that over 600 million devices worldwide have activated an advertising blocker, the Add-Bloc. Most users are disturbed by the constant insertion of advertisements. The active acceptance of advertising is now to be rewarded for the user in the form of tokens. The Basic Attention Token undoubtedly radically improves digital advertising, but currently only works on the Brave Browser developed for this purpose. According to the latest statements, the development team is currently working on the transfer and implementation of the BAT to other browsers. Targeted advertising that really interests the user not only provides a mental engagement with the potential customer or consumer but also delivers better performing data about the attention and success of the based data to the advertisers.BAT Distributes Advertising Revenues Fairly The user, the website operator, and the advertiser should benefit equally from the Basic Attention Token. In the social media there are already initial reactions to the token and so analysts, such as Santiment, assume that it is only a matter of time before prices rise. This circumstance is also referred to as the bull market or bull run among the stock market players and experts. The fact is that the token will stir up the digital marketing industry and turn users attention into money. Currently, a large amount of bandwidth is being used to flood the industry with unwanted and inappropriate advertising. This not only costs data but also a lot of money in the end. Studies have calculated that around 23 US dollars for this fall on every user in the USA. The average loading time for an ad is around 5 seconds.Where BAT Can Be Stored Since it is an ERC20 token, you can store BAT in any ERC20 compatible wallet. MyEtherWallet, for example, is a good option. If you want to store the cryptocurrency externally (which we highly recommend), the hardware solutions Ledger Nano S or Trezor also work very well. Most importantly, you can also store your BATs in the Brave Browser Wallet.Brave Also Passes On User Data Large media sites can release up to 70 trackers on customers data and in the same breath, its no wonder that malware has increased by around 132% in a year. With BAT, users only pay for ads theyve seen. Brave is also supposed to collect information about the user, but stores it only locally on the respective computer and thus makes it transparent for the user. The data is forwarded to the advertisers, but only anonymously and highly accurately. This means that the content of future advertisements can be even better tailored to the target group. The end result is a highly profitable conversation rate.However, the Basic Attention Token BAT and the Brave Browser can currently only be seen as a project, or at best as a test. The decentralized and transparent type of digital advertising, based on the Ethereum Blockchain, must first grow into a real process. Then you will be able to see what the future holds and what the forecasts are like. And only then will practice show to what extent the BAT can remain on the Ethereum Blockchain. The technical difficulties of Ethereum and Bitcoin are well known and may even show the limits of development. It is also possible that the Basic Attention Token must completely detach itself from Ethereum.BAT News 10.03.2019: Ad-Rewards program of the Brave Browser has started. Users receive 70 percent of the turnover in the form of Basic Attention Token (BAT) for the insertion of advertisements.Altcoin Magazine (@Alt__Magazine) | TwitterThe latest Tweets from Altcoin Magazine (@Alt__Magazine). Our goal is to educate the world on crypto and ultimately totwitter.com

HODL. DApp. Ethereum.

No, these are not words from a newly-discovered alien language. They’re among the many new and key terms in the language of cryptocurrency.

Cryptocurrency isn’t just a novel investment option, and in many ways represents a different world altogether compared to traditional stocks and bonds. Between unfamiliar acronyms, emerging technologies, and keeping up with memes and tweets, just learning the basics takes time, even for seasoned traditional investors.

As with any investment, it’s important to understand exactly what you’re investing in before you start. That’s especially true when it comes to a speculative — and still evolving — asset like crypto. 

There are a few prerequisites we recommend before you buy into crypto, like stocking your emergency fund, paying down high-interest debts, and securing a traditional retirement plan. And, like we’ve said before, you should only ever put into crypto what you’re willing to lose, and experts recommend dedicating no more than 5% of your portfolio to these digital assets. 

But another item you should add to your checklist is at least a beginner’s understanding of what you’re getting into, including how crypto differs from other investment strategies, and the different factors that can affect a cryptocurrency’s market value.

Here are some of the terms and phrases that will help beginners better understand the world of crypto investing. 

Crypto Terms You Should KnowAltcoin

Any coin that’s not Bitcoin. Altcoins can be anything from the second-most popular coin, Ethereum, to any of the thousands of coins with very minimal market value. Experts say you should largely stick to the bigger, more mainstream cryptocurrencies as an investment.

[RELATED]: Follow These Personal Finance Experts if You’re Curious About Crypto

Bitcoin

The first and most valuable cryptocurrency, launched on Jan. 3, 2009. While its value has climbed steadily since then, it has seen wild fluctuations. In the past months alone, the price of Bitcoin has fluctuated from a record high of $60,000 to below $30,000.

Bitcoin Cash

A peer-to-peer electronic cash system that formed from a fork of the original Bitcoin. Where Bitcoin is widely accepted as too volatile to be useful as a currency, Bitcoin Cash is designed to be better optimized for transactions.   

[RELATED]: Bitcoin — The First Cryptocurrency

Block

Groups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell coins. Each block can hold only a certain amount of information. Once it reaches that limit, a new block is formed to continue the chain.

Blockchain

A digital form of record keeping, and the underlying technology behind cryptocurrencies. A blockchain is the result of sequential blocks that build upon one another, creating a permanent and unchangeable ledger of transactions (or other data).

Coin

A representative store of digital value that lives on a given blockchain or cryptocurrency network. Some blockchains have the same name for both the network and the coin, like Bitcoin. Others can have different names for each, like the Stellar blockchain, which has a native coin called Lumen. 

Coinbase

A popular centralized cryptocurrency exchange. Coinbase made history recently as the first cryptocurrency exchange to go public on the Nasdaq.

Cold Wallet/Cold Storage

A secure method of storing your cryptocurrency completely offline. Many cold wallets (also called hardware wallets) are physical devices that look similar to a USB drive. This kind of wallet can help protect your crypto from hacking and theft, though it also comes with its own risks – like losing it, along with your crypto.

[RELATED] A Crypto Wallet Can Help Keep Your Coins Safe. Here’s How to Decide if You Need One 

Cryptocurrency

A type of currency that’s digital and decentralized. Cryptocurrency can be used to buy and sell things, or as a long-term store of value.

Decentralization

The principle of distributing power away from a central point. Blockchains are traditionally decentralized because they require majority approval from all users to operate and make changes, rather than a central authority.

Decentralized Finance (DeFi)

Financial activities conducted without the involvement of an intermediary, like a bank, government, or other financial institution. 

Decentralized Applications (DApps)

Applications designed by developers and deployed on a blockchain to carry out actions without intermediaries. Decentralized finance activities are often completed using decentralized apps. Ethereum is the main network supporting activities in decentralized finance.

Digital Gold

Experts sometimes compare specific cryptocurrencies to real gold based on the way it can store and increase in value. Bitcoin is commonly referred to as digital gold.

Ethereum

The second largest cryptocurrency by trade volume, Ethereum is a crypto network and software platform that developers can use to create new applications, and has an associated currency called ether.

Exchange

A digital marketplace where you can buy and sell cryptocurrency.

Fork

When a blockchain’s users make changes to its rules. These changes to the protocol of a blockchain often result in two new paths — one that follows the old rules, and a new blockchain that splits off from the previous one. (Example: a fork of Bitcoin resulted in Bitcoin Cash).

Gas

A fee that developers have to pay to the Ethereum network in order to use the system. Gas is paid in ether, the native cryptocurrency of Ethereum. 

Genesis Block

The first block of a cryptocurrency ever mined. 

HODL

Stands for “Hold On for Dear Life” though the term originated from a user typo on a Bitcoin forum in 2013. It refers to a passive investment strategy in which people buy and hold onto cryptocurrency — instead of trading it — in the hopes that it increases in value. 

[RELATED]: The Price of Bitcoin Continues to Fall. Here’s How Worried Investors Should Be, According to Experts

Halving

A feature written into Bitcoin’s code in which after a certain number of blocks are mined (typically every four years) the amount of new Bitcoin entering circulation gets halved. The halving can have an impact on Bitcoin’s price.

Hash

A unique string of numbers and letters that identify blocks and are tied to crypto buyers and sellers.

Hot Wallet

A software-based cryptocurrency wallet connected to the Internet. While more convenient for quickly accessing your crypto, these wallets are a bit more susceptible to hacking and cybersecurity attacks than offline wallets — just as files you store in the cloud may be more easily hacked than those locked in a safe in your home.

Initial Coin Offering (ICO)

A way that funds are raised for a new cryptocurrency project. ICOs are similar to Initial Public Offerings (IPOs) of stocks.

Market Capitalization

For cryptocurrency, market cap refers to the total value of all the coins that have been mined. You can calculate a crypto’s market cap by multiplying the current number of coins by the current value of the coins. 

Mining

The process whereby new cryptocurrency coins are made available and the log of transactions between users is maintained. 

Node

A computer that connects to a blockchain network.

Non-fungible Tokens (NFTs)

Non-fungible tokens are units of value used to represent the ownership of unique digital items like art or collectibles. NFTs are most often held on the Ethereum blockchain.

[RELATED] Ethereum: What You Should Know Before You Invest

Peer-to-peer

Two users interacting directly without a third party or intermediary. 

Public Key 

Your wallet’s address, which is similar to your bank account number. You can share your public wallet key with people or institutions so they can send you money or take money from your account when you authorize it.

Private Key

The encrypted code that allows direct access to your cryptocurrency. Like your bank account password, you should never share your private key. 

Satoshi Nakomoto

The pseudonymous creator of Bitcoin. No one knows the true identity of Nakomoto — or if it’s more than one person.

Smart Contract

An algorithmic program that enacts the terms of a contract automatically based on its code. One of the main value propositions of the Ethereum network is its ability to execute smart contracts. 

Stablecoin or Digital Fiat

A stablecoin pegs its value to some other non-digital currency or commodity. A digital fiat represents a fiat, or government-backed currency on the blockchain. (Example: Tether, which is pegged to the U.S. dollar)

[RELATED]: The 10 Most Popular Cryptocurrencies, and What You Should Know About Each Before You Invest

A unit of value on a blockchain that usually has some other value proposition besides just a transfer of value (like a coin). 

Vitalik Buterin

Programmer who invented Ethereum in 2015.

Wallet

A place to store your cryptocurrency holdings. Many exchanges offer digital wallets. Wallets may be hot (online, software-based) or cold (offline, usually on a device).

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Today we’re going to talk about BAT, one of the only ICO projects that’s still getting people excited. BAT stands for Basic Attention Token, and its creators are trying to reinvent the way we consume content. The question is, does BAT deserve your attention?At its heart, Basic Attention Token is designed to replace advertising revenue with a digital token. Instead of giving away your privacy to online trackers, users will be able to pay for content in cryptocurrency. Instead of ad revenue going straight to publishers, you’ll be able to choose which ads you want to see– and if you do want ads, you’ll get a share of the profits.That’s still at an early stage, but the Basic Attention Token team is already well down the road. They’ve designed and built Brave, a web browser that automatically blocks most ads and allows websites to be tipped in BAT tokens. Brave already has millions of active users and thousands of verified publishers.But can BAT deliver? That’s the question we asked in our latest DARE report, an investment-grade analysis by Crypto Briefing’s experts. And what they found was pretty impressive: Brave already has millions of active users, and thousands of verified publishers, making it already a likely candidate for adoption. Of course, there are still plenty of things that can go wrong, but Basic Attention Token received our highest ever assessment for any investment. You can read the full report, for free, on Crypto Briefing’s website. Now you might be asking, when is the best time to buy BAT? For that, let’s take a look at the token’s price action.Versus Bitcoin, the BAT/BTC pair has mostly been moving in a cyclic pattern, between the resistance level shown in green and the support level shown in purple. At the moment the pair is moving below the daily Ichimoku Cloud, approaching the pivot level shown in orange. Basic Attention Token -BAT/BTC Price Action Technical Analysis The future Ichimoku cloud is also bearish with all other five Ichimoku moving averages moving downwards. With that, we could see the price drop further to the median support levels before moving back up, which could give you an opportunity to buy BAT at a lower price. And here’s a disclaimer, I personally own some BAT along with other cryptocurrencies but you should only invest the money you can afford to lose in the crypto market. For more on risk management, please attend this free webinar.I’d also like to hear from you and your thoughts on BAT. Once you’ve subscribed, head over to the comment section and let me know what you think of the DARE report’s assessment on BAT. Also, if you think BAT is a good buy, what price point are you planning to get in? Remember that as the 4th point of the IDDA technique, you must calculate your risk tolerance before deciding on the investment strategy that is suitable for your portfolio. Don’t forget to complete your risk management due-diligence before developing your investment strategy.We provide white label market research videos, education programs and webinars for your business.InvestDiva.com is the online arm of KPHR Capital, LLC based in New York. Our mission at Invest Diva is to empower and educate people everywhere to make money on the side by responsible online trading.When addressing financial matters in any of our videos, newsletters or other content, we've taken every effort to ensure we accurately represent our programs and their ability to improve your.... more

BAT is the Basic Attention Token, which Brave aims to make the new standard for online attention and disrupt the online advertising industry. It is an ambitious project, and here I give a fundamental overview, as well as provide technical analysis. PartnerTrade alt coins with Binance. It's a fast growing exchange with a lot of coins, good volume, and an advanced interface.Start Trading Alts → BAT is the Basic Attention Token, most often associated with the Brave browser. It is led by the creator of JavaScript and former co-founder of Mozilla, Brendan Eich. The BAT website lists fourteen staff and four advisors. According to Crunchbase, Brave raised two seed rounds totaling $7 million — first in 2015 and again in 2016 — to fund initial development. The Founders Fund led the raise, with contributions from common crypto funds Digital Currency Group and Pantera Capital. The ICO for the Basic Attention Token raised $35 million in thirty seconds, and received criticism due to selling many tokens to very few individuals. Only around 130 people were able to buy the tokens today, with five buyers scooping up about half of the supply. The top 20 addresses in the token sale control more than two-thirds of all BAT, according to Joseph Lee, founder Magnr bitcoin exchange, who conducted a post-sale analysis. Today, 1 billion of 1.5 billion total supply is circulating. 200 million BAT are reserved for Brave, and 300 million BAT are reserved for the User Growth Pool. According to Bit Info Charts, there are between 500 and 2,500 transactions per day, aside from a couple of spikes in December and January beyond  5,000. Etherscan lists more than 50,000 active addresses now. BAT is most frequently traded on Binance, followed by Bittrex and Upbit — all using the BTC pair, though there is significant trade volume across exchanges on the ETH pair as well. All time average trading volume per day is around $8.5 million — though February had very low volume, which in recent days has upticked significantly, back above $10m; BAT’s highest volume days were in early January with $40-87m per day. Fundamentally, the risk for BAT is if it is only used by Brave. If it can truly become an “attention token” that helps replace ads as a means of revenue generation online, the potential is huge. And while now I consider it more a dApp than a platform — it has great potential. I’ve used the Brave browser for months now as my primary browser, with few complaints — though I did have to tweak some default settings to match my aesthetic preferences. Brave shows you your time saved and ads blocked Brave does a nice job with security, which includes both script and ad blocking by default. The browser is Blink based (a WebKit/WebCore fork that powers Chromium) and operates as one would expect under the rendering engine that is so commonly used. User Growth Pool, and Brave Payments According to the whitepaper, the 300 million BAT for the user growth pool will be used to incentivize usage of the token for users. This process has begun with referral programs. User growth fund is used to incentivize users to participate in the BAT ecosystem. A 300 million endowment is for early adopters of Brave and the BAT at up to 5BAT/user. BAT received as a reward can only be used within the BAT ecosystem for value added services. Unused BAT after 6 months will be sent back to the user growth fund which can then be used for new users. Existing Brave users can get tokens by updating their app and verifying phone number. No new tokens will be created once the user growth pool is exhausted. The referral programs incentivizes publishers to both list their publications, and earn BAT for referring others to use Brave. A listing of my verified publishing locations Verified publications also show up in the Brave Payments settings page, and Brave users can select whether to include those publications in the distribution of the Brave in their browser-based wallet. Supported publication types now are YouTube, Twitch, and personal websites (I used the WordPress plugin to submit Ledger Status). Sites with check marks have registered for Brave Payments If publishers verify their properties, they can refer others (my ref link) to download and use Brave, and receive $5 worth of BAT per user they refer, so long as the user is, “minimally active across a 30 day period.” Unfortunately, BAT earned via the User Growth Pool expires if not claimed. The whitepaper states a six month window, but the BAT FAQs state only a 90 day window. Unclaimed BAT would go back into the pool; once the pool is used up, the program would end. The primary risks I see for BAT are three-fold: The advertising industry is entrenched, and this will need to be led by a groundswell of users The token needs to be integrated more broadly amongst other apps, not just led by Brave Browser battles are hard fought, and Chrome is mighty The referral program appears to be working. The initial bounties announced have been worth $1m each. That they have targeted YouTube and Twitch is great, especially as YouTube is infamous for giving content creators the short end of the stick. The promise of a few bucks is enough to incentivize a lot of content creators to promote the browser to their large audiences. With this promotion, Brave expects to increase its user base, which recently passed 1.4 million monthly active users. The growth of users and publishers adopting Brave continues to drive greater utility for the Basic Attention Token platform. Brave also aims to create an ecosystem of users who can automatically and anonymously support their favorite content providers by using the Brave browser and its integrated Brave Payments wallet. Users can load that wallet by purchasing BAT or by benefiting from various promotional BAT giveaways, such as our recent up to Million Dollar giveaway that resulted in 175,000 user grants. While Firefox had its day, browser wars are hard fought; Chrome is a mighty power with Google’s backing. And Safari and Edge aren’t small either. Getting someone to switch browsers is a demanding task. The advantages of Brave need to be very clear to help convince average users to switch — enabling a significantly sized user base to actually use the attention token. The downside potential is that Brave languishes as an obscure browser, and without a network of other apps using BAT, the token would fall by the wayside as another failed attempt at disrupting online ads — like many attempts before. The upside is massive, if the token can create a sort of standard for online attention. There is as much anti-tracking and anti-ad sentiment as there has ever been, but such efforts require a lot of education of the broader public. This effort will take decades, and will require privacy becoming more important to the broader public. Brave (and other BAT apps) could benefit greatly in such a scenario that offers an alternative revenue generation mechanism that favors privacy and rewards attention. The information in this post should not be construed as investment advice, it is purely educational material and you should always do your own research before buying. I purchased BAT, which I bagheld once before but managed to sell for a small profit eventually, and now I’m back in. BAT has maintained an important horizontal support line that broke in mid-October, and led to a greater than 70% drop in BTC-relative price that it didn’t recover from until January 1, 2018. It topped out just above 6700 sats and has since retraced back to that significant horizontal level, which also happens to be the .618 fibonacci level — a common area for support. The retrace has also taken the shape of a falling wedge, a chart pattern than can signify reversal if broken upwards. The RSI shows a similar wedge, and shows the pattern having already broken upward. The Stoch RSI — an oscillator that signals momentum for an asset — has been condensing in swings and turned up from a bottom. The Ichimoku Cloud using doubled settings highlights a mostly bearish setup, with price below the cloud, facing resistance at both the Tenkan and Cloud bottom. The only non-bearish signal is that the cloud is green. A break into the cloud and above the Tenkan would coincide with a break of the wedge and be a bullish sign for reversal. Bollinger Bands on the daily timeframe also indicate a bounce of the bottom band, and possible upcoming daily close above the midline. The six hour timeframe shows a bullish divergence between price and RSI, where price has made a lower low and RSI has made a higher low. The positive reaction off this divergence shows a possible break up of the wedge, and could propel the move. A safer entry would be to wait for a daily close that shows a breakout of the descending wedge with a purchase on the retest of said downward wedge. Fundamentally, BAT has a lot going for it right now. The success so far of the rewards programs and public sentiment toward ad tracking give Brave and BAT opportunity for adoption. If you would like to try Brave, you could consider my referral link, and I would receive BAT as a reward, per their User Growth Pool program I described above. Technical analysis indicates a bullish reversal is in store for BAT, though it remains subject to the volatility and indecision of bitcoin as bitcoin approaches its downtrend resistance line. It would be prudent to consider risks for trading alt coins both in the case of bitcoin breaking the downward trend with high velocity, or being rejected from the trend. Disclosure: As noted in the post, I have purchased BAT tokens and am a participating publisher in their program. I have no formal affiliation with BAT or Brave and this is NOT a sponsored post in any way. I just wanted to write about the token I researched.

The current market can be described as volatile and a race to join the bullish market for many altcoins. The altcoin market appeared to be largely unaffected by the massive rally in the Bitcoin market. At press time Bitcoin was being traded at $15,503 with a 24-hour trading volume of $35.4 billion.

Most major altcoins have been waiting for the positive volatility to hit markets, but although the market has been volatile the price was still restricted. Although projects like Cardano [ADA] released developments and updates for its community, the price has still remained low.

Cardano [ADA]

The price of Cardano noted a local peak at $0.1244 on 21 October, but the price was not supported by volume. The value of the asset has been slashed since and reached a low close to the support at $0.0864. However, the price has recovered from the sudden sell-off and was valued at $0.1036, at the time of writing.

The volatility in the market is about to increase as the Bollinger Bands were growing apart. This volatility may result in a trend change in the market as even the signal line was moving lower, indicating an appreciating price.

Tron [TRX]

The Tron market did not see much volume for the digital asset. The value of the asset has remained close to its resistance at $0.0289 and has not breached it since mid-September. As it traded at $0.02540, the price was moving downward and contributing to the bearishness.

This bearishness was affirmed by the 50 moving average that remained above the price for quite some time now. The Awesome Oscillator also noted the increase in short-term selling as the value of the indicator entered the negative range and was at -0.0015.

Basic Attention Token [BAT]

Basic Attention Token has just slipped under its long-standing support at $0.1977 and has been trying to breach above it. Even as the coin tried, the selling pressure was preventing the asset to move higher. The markers of the Parabolic SAR were above the candlesticks to highlight the price moving lower, but MACD may be indicative of a trend reversal.

The MACD line has been at an important junction and may crossover the signal line. A crossover will mean the demand for the asset was increasing and may change the current trend to a bullish one. However, volume still escapes the BAT market.

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Namrata is a full-time journalist at AMBCrypto covering the US and Indian market. A graduate in Mass communication, while majoring in Journalism, she writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.

The cryptocurrency market continues its slide downwards, hitting its lowest level since early February. It has now sunk to a total value of $1.24 trillion, having stood at $1.42 trillion only a week ago. This represents a decline of just over 12%, with most of the top altcoins falling by higher percentages.

However, if you’re a believer in the long-term viability of crypto, then the market falls only ever provide discounts. Accordingly, we’ve picked the 5 best cryptocurrency to buy at low prices. This mostly covers coins with an absolutely low price, but it also includes a couple which priced low compared to their potential long-term value.

Bitcoin (BTC) has led today’s slide to fresh lows. It’s down by over 5% in 24 hours, having dropped to nearly $29,500. It’s also down by 10% in a week and 16% in 30 days. At the same time, its current price is 53% below its all-time high of $64,804, set back on April 14 (which now seems like an age ago).

Most major models of bitcoin’s price suggest that it’s grossly undervalued right now. The stock-to-flow model — which compares new bitcoin minting with its current stock — suggests BTC should be closer to $100,000 than $20,000.

— PlanB (@100trillionUSD) July 19, 2021

Likewise, bitcoin’s 11-year price history indicates it should reach $100,000 by the end of year. At the same time, a recent survey of 42 cryptocurrency researchers and executives found that 61% of them believe BTC is undervalued. They also, on average, expect a price of $66,284 by the end of the year.

In other words, bitcoin is cheap compared to where many expect it to be. This is why it appears among the 5 best cryptocurrency to buy at low prices.

Given its association with the controversial Bitfinex exchange, LEO Token (LEO) may not necessarily be a popular choice. However, it’s the only top-50 cryptocurrency to rise significantly over the past 24 hours and week.

At $3.17, it’s up by 7% in the past day and 8% in the past week. Better yet, it’s up by 24% in the last fortnight and 22% in the past month. This is enough to make it the best-performing coin across the past 30 days.

For those who aren’t familiar with LEO, it’s the native utility token of the Bitfinex exchange (owned by iFinex, which also owns Tether). As with Binance’s BNB, it provides Bitfinex users with discounts on trades.

💵Fiat deposits and withdrawals 🦁Access to UNUS SED LEO and its trading discounts ✅Stable and utility tokens deposits and withdrawals PLUS more! 🔥

Upgrade your account NOW!https://t.co/h6yw3UOHFn pic.twitter.com/oTTcpRp4pR

— Bitfinex (@bitfinex) November 27, 2020

At just over $3, LEO is certainly cheap. That said, the only problem with it is that it’s not entirely clear why it has been rising so strongly, particularly when the rest of the market is down. Data from Nomics shows that Bitfinex has enjoyed rising volumes over the past year.

This may suggest an increased demand for LEO. However, the volume has certainly declined in the past couple of months, implying weaker demand for the cryptocurrency.

Still, with the rest of the market tanking, LEO may be only one of the few chances for short-term gains right now.

Another cryptocurrency that has bucked today’s trend is Dash (DASH). It’s up by nearly 5% in the past 24 hours, at the relatively low price of $119. On the other hand, it remains down by 6% in the past week and 21% in the past month, following the rest of the market.

Compared to an all-time high of $1,493, DASH is certainly very cheap right now. In fact, it’s one of the few major coins that didn’t break its December 2017 ATH during the recent bull market. It’s currently 92% below this ATH, suggesting it has plenty of space left to rise if another bull market picks up.

And while Dash isn’t as widely discussed as the biggest cryptocurrencies, it continues to attract new partnerships. Most recently, it announced a deal with Naijacrypto to launch the first cryptocurrency exchange in Haiti.

More details: https://t.co/fBduO6VsnW pic.twitter.com/OylsYbBhKj

— Dash (@Dashpay) June 28, 2021

Cardano (ADA) certainly hasn’t escaped today’s selloff unscathed. It’s down to almost $1.00, having fallen by 12% in 24 hours. It’s also down by 21% in a week and by 25% in a month, with its current price some 57% below its ATH of $2.45.

These falls may be steep, but they arguably make ADA one of the best cryptocurrency to buy at low prices at the moment. According to Blockchaincenter.net, it is the fourth best-performing cryptocurrency over the past 90 days. This is due largely to it rising after May 12, when the market fell following Tesla’s rejection of bitcoin.

Cardano’s status as a proof-of-stake blockchain helped it to rise to new heights after the outgoing bull market began its decline. And it’s actually one of the few major platforms with some big positive news to look forward to in the coming weeks. This is the arrival of smart contracts, which are due to launch at some point in August. Once they do go live, Cardano will effectively become a fully-fledged dApp platform and likely enjoy increased adoption. In turn, ADA will leave behind its current low price.

Ripple (XRP) is probably the lowest, sub-$1 coin with the best long-term prospects. Its price has sunk to $0.522760, a fall of nearly 10% in 24 hours. This also marks a fall of 20% in a fortnight and 31% in 30 days.

There are two things that make XRP one of the best cryptocurrency to buy at low prices right now.

Firstly, Ripple’s ongoing case with the Securities and Exchange Commission continues to go well. Most recently, two SEC commissioners submitted a letter to the case’s presiding judge, declaring that Ripple didn’t have fair notice from the SEC to the effect that XRP might be considered a security. This letter might make a settlement or dismissal more likely.

— Jeremy Hogan (@attorneyjeremy1) July 19, 2021

Secondly, Ripple and XRP can boast more adoption than many other coins and platforms. Ripple announced a partnership with Egypt’s largest bank in May, while it also revealed a move into tokenisation at the beginning of this month.

Taken together, such developments put XRP in a position to rally strongly if and when the SEC case is settled in Ripple’s favour.

Market Cap: 24h Vol: Cryptocurrencies: 2256Markets: 19001ENGESTRUSTURDEUCHIKORITA USD TWDTZSUAHUGXUYUUZSVEFVESVNDVUVWSTZARZMWZWLCurrencies Exchanges BlogBlockfolio Trading Watchlist Currency Converter Website Widgets Buy / Sell Instantly Mining Equipment Bitcoin Blockexplorer Currencies Top Gainers Top Losers High / Low Exchanges Blog Initial Coin Offerings Events Wallets Mining Pools Currency Converter Website Widgets Buy / Sell Instantly Blockfolio Watchlist Bitcoin Blockexplorer Mining Equipment AdvertiseContact Us Login Register Market Cap24h Vol2256Cryptocurrencies19001MarketsCryptoNewsZ2019-06-24 12:28:23 There are no impressive updates yet to woo the willing investors of BAT. No matter how hard BATs developers are trying to revive its poor condition with the latest features of Brave Browser and current updates, the intense, volatile condition of the crypto market is shattering almost every single possibility of this crypto. It is The post Basic Attention Token Price Analysis: Ruffling Price Scenario Of Basic Attention Token (BAT) appeared first on CryptoNewsZ.Most Read News 2019-06-25Related News 25 Jun 201925 Jun 201925 Jun 201925 Jun 201925 Jun 201925 Jun 2019Please enable JavaScript to view the comments powered by Disqus.Get Crypto NewsletterMarket Cap24h Vol60.08%Bitcoin Share236Today News

The price of Bitcoin has been up and down all year, from an all-time high of $60,000 in April to under $30,000 in July. Meanwhile, Americans’ interest in Bitcoin and cryptocurrency has grown alongside, at least according to their Google searches.

We’ve taken an interest in crypto this year, too — especially after noticing the lack of guidance for long-term investors more interested in retirement savings than getting rich quick with some new meme coin. Amid the constant price fluctuations, we’ve shared how investors can incorporate crypto into their portfolio without risking their other financial priorities — and weather the volatility along the way. Whether you’ve already invested and want to find the best form of wallet storage or you’re only beginning to explore how cryptocurrency actually works, we’re here to help guide you through the world of crypto. 

Many of the topics we’ve covered are the same ones crypto-curious investors are asking about on Google. Based on Google autofill results, related search terms, and “people also ask” suggestions, we’ve rounded up some of the most common questions, along with the answers and expert advice that can help you be a smarter investor.

Cryptocurrency is a completely digital, decentralized form of currency. It can be used as a means of payment or exchange (though that’s not a very practical use today), or as a potential store of value. Since it’s a digital currency, you can’t carry Bitcoins around physically in bill or coin form; all transactions take place online. Cryptocurrency is also decentralized, meaning it’s not backed by government authority the way the U.S. dollar, for example, is. Instead, it’s maintained by its users.

When you buy, sell, or trade crypto, those transactions are recorded on a decentralized ledger called blockchain, which is a permanent, unchangeable record. Any changes to a blockchain must be approved by a majority of users, which also makes it a highly secure form of record keeping.

There are many different kinds of crypto, but the most popular (and largest by market cap) are Bitcoin and Ethereum. 

[READ MORE]: You Have Cryptocurrency Questions. We Have Answers

For true crypto novices, just knowing where to begin your research can feel like an uphill battle. 

The questions you should ask about crypto will depend largely on your financial situation and goals. If you’re just beginning to explore digital currencies, you may want to start by learning the important terms and getting more familiar with how crypto works as an investment. If you’ve covered the basics and you’re considering buying crypto, these are the four most important questions you should ask yourself before you begin investing, according to experts we’ve spoken to:Why do you want to buy crypto?What is your risk tolerance?Where — and how — do you plan to buy cryptocurrency?Which cryptocurrencies would you buy?

Have a strategy before you put money down: Clarify your intentions, evaluate your ability to take the risk, and then make a buying plan. 

[READ MORE]: Does Crypto Belong in Your Investment Portfolio? These 4 Questions Can Help You Decide

What is the purpose of cryptocurrency?

The original intention behind Bitcoin, the first cryptocurrency, was to create an electronic cash system people could use in daily transactions. You technically can buy and sell things with it, but Bitcoin’s price fluctuates quickly, which makes it a poor fit for spending instead of cash. You could spend $50 worth of Bitcoin on something today that ends up being worth $20 tomorrow. It’s also not widely accepted as a form of payment yet, so you’ll have very limited purchasing power. 

While it’s not a great means for exchange, Bitcoin and Ethereum have shown investors they can be potentially valuable — if speculative — as investment assets. In other words, people purchase crypto in hopes of cashing out for a profit after it increases in value, just like more traditional investments. Bitcoin, for example, has already shown growth over time: just eight years ago, in late 2013, the price of 1 Bitcoin was around $200, and it now hovers around $30,000 (with plenty of ups and downs between). 

[READ MORE]: You Can Buy More Things Than Ever With Crypto. Here’s Why You Shouldn’t

Is cryptocurrency taxable? 

Yes. But if all you do with crypto this year is use U.S. dollars to purchase crypto and then keep it in an exchange or your personal crypto wallet, you won’t owe taxes on it. In general, the more active a crypto trader you are, the more tax implications there might be. Taxable crypto events include things like selling your crypto back into U.S. dollars, trading one crypto for another (for example, Bitcoin to Ethereum), earning crypto income, and using it to make purchases. 

For tax purposes, the IRS treats cryptocurrency like other personal assets such as stocks or gold. If you sell or exchange your investment, that transaction’s capital gains are taxable. The complexity of your transaction history will determine how much you’ll need to do to prepare for tax season if you have crypto. While there are new companies that promise to organize your crypto for tax filing, it’s ultimately your responsibility to keep track of your crypto transactions and report them to the IRS; so if you’re making frequent crypto moves, you’ll want to stay on top of this. 

[READ MORE]: Your Crypto Is Taxable. Here’s How to Report Virtual Currency to the IRS

Who controls cryptocurrency? 

Cryptocurrency creators can set certain parameters when they make a new crypto — such as how much there will be or rules around buying and selling — and those typically cannot be changed. But because cryptocurrencies are decentralized, control of day-to-day operations is distributed among users, and any changes require majority approval from these users — known as nodes. 

Because cryptocurrency is so new and different from traditional forms of finance, the world is in unknown territory when it comes to regulation. There’s little existing legislation around the ownership and trade of digital currencies, although the U.S. government has expressed interest in establishing cryptocurrency regulation. 

[READ MORE]: Cryptocurrency Terms to Know Before You Invest: A Beginner’s Guide

Investing in CryptocurrencyHow to start investing in crypto?

If you’re new to investing in crypto, experts say Bitcoin or Ethereum are probably the best cryptos to start with. When you’re ready to buy in, here are a few of the first steps you should take:

: A crypto exchange is the online trading platform you’ll use to buy your crypto. Some details to consider include security, fees, and available coins. Fund your account: As you would with a traditional investment account, you’ll need to move U.S. dollars into your crypto exchange account. Place an order: This differs by exchange, but you’ll essentially trade the dollars in your exchange account for the cryptocurrency you want. Practice safe storage: Decide whether you want to keep your coins within your exchange account or move them into your own hot or cold wallet. 

[READ MORE]: How to Buy Bitcoin: A Guide for New Crypto Investors

How much of my portfolio should I invest in crypto?

If you’re able to tolerate the risk that comes with crypto investment, experts say it can be a good diversifier for your portfolio. But the crypto market is extremely unpredictable, so you’ll only want to invest a small portion of your portfolio — and only after your other financial priorities are in order (things like saving for emergencies, paying down high-interest debt, and investing in a conventional retirement account). 

Experts we’ve spoken to recommend investing anywhere from 1%-5% of your portfolio in crypto, depending on your financial situation. The volatility level of crypto is high, so you don’t want to risk more than you’re willing to lose. As personal finance icon Suze Orman puts it, the amount you invest in crypto “depends on how much money you are willing to lose.”

[READ MORE]: How Much to Invest in Cryptocurrency, According to 5 Experts

Should I invest in crypto or more traditional funds?

Considering how speculative crypto is, we would never recommend investing in it over traditional investment funds. Before you put any money in crypto, you should make sure you’ve set up a retirement fund, like a 401(k) or Roth IRA. Plan for your retirement by investing in an ETF or index fund —  low-cost portfolio investments with proven long-term records of building wealth. 

If you already have a healthy portfolio, you may look to diversify with crypto in addition to more traditional funds. It all comes down to your specific financial goals and how much risk you feel comfortable taking. If you do invest, here are some best practices experts recommend: 

Keep the percentage of your portfolio in crypto low — no more than 5%Be prepared to lose the money you investInvest for long-term growth, and avoid short-term fluctuations 

[READ MORE]: Curious About Crypto? What 10 Financial Advisors Are Telling Clients About Investing In It

Which cryptocurrency should I invest in?

In general, experts recommend beginner crypto investors stick with Bitcoin or Ethereum, the two largest by market cap and trade volume. They’re still highly speculative and volatile, but are a little less risky than the thousands of other coins available.

Non-Bitcoin cryptocurrencies (known as altcoins) are often designed for unique purposes, like being more energy efficient (and thus eco-friendly) than Bitcoin or as a potentially better means for transactions. But most of them have an even smaller chance of growing in value, and altcoins can put your investment at even more risk than with the comparatively more stable Bitcoin and Ethereum.

You can always take the gamble and consider an altcoin if you see promise in it. Just proceed with a healthy dose of skepticism —  investing in cryptocurrency is already extremely speculative, and becomes even more so when you choose an altcoin with little to no history. For most retirement-minded investors, experts emphasize Bitcoin or Ethereum are better options.

[READ MORE]: The 10 Most Popular Cryptocurrencies, and What You Should Know About Each Before You Invest

Can I be hacked? How do I protect myself?

Yes, the exchange you use to buy your crypto and the wallet you use to store it can be hacked. If you choose to hold your crypto in an exchange or on a software-based hot wallet, make sure you choose a platform that has robust security measures in place. The most secure protection from hackers is cold storage — because it’s completely offline, there’s zero chance for hacking. But that extra security isn’t without cost either: If you lose your USB-like cold wallet or the encrypted keys to get into it, you likely lose any crypto held on it, too.

Hacking is one risk, but as crypto’s value has grown, cryptocurrency crime has too. If you invest, be on the lookout for fraud. Recognizing common scams can help you protect yourself and your money. Here are a few crypto scams to watch for:

Someone who will only accept payment for goods or services in cryptocurrency Unsolicited offers to help you make money or increase your holdingsInitial coin offerings for fake cryptocurrencies Crypto pump and dump schemes 

[READ MORE]: Cryptocurrency Crime Is Booming. Here’s How to Invest Safely

The Future of CryptocurrencyWhat is the future of Bitcoin? 

Given cryptocurrency is still in its relative infancy, many questions regarding its future remain unanswered. Bitcoin has only existed for a little over a decade — amid constantly evolving technological advances and regulations. The value of both Ethereum and Bitcoin has steadily risen over the years (with plenty of dips along the way), but with so little historical record compared to the stock market, it’s difficult to make any concrete forecasts. 

More financial institutions are starting to hold crypto, and some large corporations are adding crypto to their balance sheets. Federal regulators have also taken an interest in more formal guidance and even the creation of a central bank digital currency (CBDC). Beyond that, many experts see the potential for innovation backed by blockchain technology that could transform our lives in the future. 

But there is also a long list of risks associated with crypto that could limit its potential value. From the concerns of cybercrime to high market volatility susceptible to celebrity influence and the environmental impact of crypto mining — there’s no shortage of reasons to remain cautious as we look to the future of crypto. 

Is there any potential for the widespread use of cryptocurrency as a currency? 

As of right now, there are few instances in which using cryptocurrency to buy things would make sense. Of the platforms that do accept crypto payment today, many only accept Bitcoin, which is especially ill-suited for payments, given its extreme price fluctuations. 

There is a chance that payment with digital assets could become more common in the future, especially as digital currencies like stablecoins — which are pegged to existing currencies and less volatile — become more popular and take on potential government regulation. 

The U.S. government is also considering a central bank digital currency (CBDC). It would operate using blockchain technology like other cryptocurrencies, making it faster and more secure than today’s digital transactions. Unlike crypto, a CBDC would be centralized and backed by the Federal Reserve — making it much more useful for purchases. 

[READ MORE]: Fed Chairman Says U.S. Might Need More Crypto Regulation. Here’s What That Means for Investors

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Opera Adds Crypto Buying Service, And Coinbase Promotes Basic Attention Token The market made a slight comeback after yesterday’s bloodbath. While most cryptocurrencies are flashing green right now, they’ve changed by less than 1%. The total market cap added about $1.1 Billion in the last 24 hours. However, the overall outlook is still extremely bearish, and Bitcoin is expected to fall further. It has managed to defend its support at $3,400 in the short-term. However, in the long term, significantly lower lows are expected before the bulls return. In other news, Abra, a crypto investment app, recently revealed a new feature that will allow users to purchase traditional equities and exchange-traded funds (ETFs) using ₿itcoin. The platform offers 50 different assets, including stocks like Google, Amazon, Facebook, commodity funds like the SPDR Gold Trust. Users can also invest in indices like the S&P 500 and the Russell 2000. Also, QuadrigaCX was recently granted creditor protection by the Nova Scotia Supreme court. Creditor protection provides the exchange with 30 days to access funds which are supposedly locked away on the former CEO’s laptop. Recent reports also show that Cotten filled a will 12 days before passing away and his wife Jennifer Robertson is listed as the executor of his estate. In the filed affidavit Robertson said that her husband’s laptop was encrypted and “despite repeated and diligent searches, I have not been able to find them (the passwords) written down anywhere.” 1) On Wednesday Opera announced that its Android users can now purchase Ethereum directly from its browser-based wallet. The new service comes as part of a partnership with Safello cryptocurrency brokerage. The crypto purchasing option also allows users to buy Ethereum using credit and debit cards and users in Sweden can use the Swish payment network. Currently, Ethereum purchases are only allowed in Sweden, Norway, and Denmark. Opera’s crypto product lead, Charles Hamel said topping up a wallet will take “less than a minute” and he explained that “the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use.” Opera unveiled its “Web 3-ready” Android browser-based wallet in December of 2018 and the wallet supports Ethereum and ERC-20 tokens. (Read More) 2) U.S.-based cryptocurrency exchange Coinbase has given users a way to earn Basic Attention Token (BAT), which is the cryptocurrency of the Brave browser. The Coinbase Earn page lets users earn up to $10 worth of BAT tokens by engaging with educational content and performing interactive tasks. Coinbase Earn is open to the public to participate, but apparently, users must receive an emailed invitation to begin earning BAT. A waitlist is available for users who would like to be notified when earn opportunities arise. To qualify, complete the identity verification process on Coinbase and opt-in for marketing communications. (Read More) 3) Zurich, Switzerland-based stock exchange SIX Swiss Exchange, which supports stocks, bonds, ETFs, etc., plans to integrate the blockchain into a digital trading platform later this year. The exchange boasts daily trading volume of nearly $5.2 billion. SIX Swiss Exchange became interested in the blockchain for the security and efficiency this technology brings to bear for the clearing and settling of trades in the stock market. SIX Swiss Exchange CEO Jos Dijsselhof is cited in Cointelegraph as saying that currently, it takes two days for stock trades to settle. With a blockchain-fueled digital trading platform, the settlement time is slashed to a matter of seconds. Dijsselhof has a vision for “a whole new stock market on the blockchain with completely integrated trading, handling, and custody of digital assets.” The exchange’s digital platform is expected to make its debut in the summer of 2019. (Read More)