Buy The Rumor, Sell The News: This Wednesday Bitcoin In Brief
We will take a close look at of the top performing virtual currencies in the past 24 hours, in today’s edition of bitcoin in brief which is the daily roundup of crypto news. Would they be able to keep up with this energy or is it a traditional situation of “Buy on the rumor, sell on the news?”
Great Gains made by Verge and Ubiq
Ubiq is an ethereum fork that traditionally trades for only over a dollar and has to receive a lot of love and attention of virtual currency traders. Until yesterday, that passion has not transformed into any kind of physical circulation for months, when the crypto eventually rose to 73 percent in a couple of hours. The instant rise is due to an Escher token airdrop on 30th April to ubiq users.
In advance and occasionally the Escher token airdrop is effective in propelling coins, although it is easier to write off airdrops. Such is the case of ontology in which the airdropped token has established itself to be a success.
On Tuesday, it rose up to 24 percent making it one of the top performing virtual currency, notwithstanding it being circulated to NEO users free of charge.
Best performing virtual Currencies this Tuesday
On Tuesday, another top performer was Verge, which rose up another 19 percent and is currently 130 percent in the last month. Ahead of the April 17 unveiling, info on who is the crypto’s much-sought collaboration has begun to leak, nevertheless, this seems not to kill the passion for the virtual currency.
It has been reported that Tokenpay has contributed 89 percent of the $4.7 million raised by the community to secure the partnership. According to newsbitcoin.com, “so much for the verge community making it all possible”.
New look for Bittrex
For a couple of weeks, Bittrex has been mocking its new rebrand platform and came out to publicly establish its “sleeker shinier interface”, yesterday.
The brand has improved visually, however, the only drawback is that it is, still “the same old exchange providing the same tired tokens” reports Newsbitcoin.com.
In the meantime, coinbase contemplates which ERC20s to include and “Poloniex regroups under Circle, this is Bittrex’ chance to shine” details NewsBitcoin.com. Richie and his team are required to begin listing certain assets that are significant, in efforts to make Bittrex great again.
Binance has imitated Kucoin in establishing an anti-phishing code to strengthen client security as noted in other exchange news. “Once you have successfully set your Anti-Phishing Code, all legitimate Binance emails that you receive will contain this exact code”.
On a daily basis, you can now receive emails from the world’s largest crypto exchange concerning an atrocity of your preference, in other words.
Monero gains Ledger support
For months, Monero has been coming closer to ledger hardware support. For those who know what they are doing, there’s already code on Github that makes integration possible. Fluffypony, Monero lead developer acknowledge that official ledger support is forthcoming, on Monday’s Doug Polk Podcast.
He continued “I believe the Trezor guys are working on [intergration too]. I’ve heard rumors of it…There is also a group within the Monero community that’s building its own hardware wallet, which I believe is based on Trezor schematics if memory serves”. In the past week, one of the many spin-offs Monero C has been rebranded as Monero Cash with its new green logo.
Best Performing Cryptocurrencies showcase by Yearto.date
According to NewsBitcoin.com, Yearto.date is a new cryptocurrency tracker, that commence tracking from the beginning of the calendar unlike what most tracking sites do which is mostly quarterly.
On the site, you would find some interesting charts and useful combination of master node coins, “all of which seem to be performing terribly save for Hexx” according to NewsBitcoin.com.
