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You are here: Home / Archives for BAT

BAT

Crypto-friendly Brave Web Browser Launches Encrypted Video Calls

May 29, 2020 by Arnold Kirimi

On May 26, crypto-friendly BraveB web browser announced private and unlimited video calls can now be made from the browser. The privacy browser shared through its Twitter page that video conferencing is now possible through the Brave Nightly, the testing version of Brave browser.

The new video conferencing product dubbed Brave Together enables end-to-end encryption for video calls, however, it’s still in the testing phase since some of the features are yet to be completed. For instance, the product only enables encryption for one-on-one video calls currently.

Crypto-friendly Brave web browser taps into the growing demand for video conferencing

Moreover, this product by Brave comes amid a spike in the demand of video conferencing software due to the coronavirus pandemic. In particular, Zoom has seen a massive rise in usage in the last few months.

Nevertheless, Zoom has been scrutinized due to security and privacy, with ‘Zoombombings’ coming out as a rife experience during the lockdown. Back in April, Elon Musk’s SpaceX barred all of its employees from using Zoom due to security and privacy concerns.Nevertheless, Zoom is also set to launch end to end encryption soon to protect the privacy of its 300 million customer base.

Brave browser usage grows

Brave Together is based on the open-source encrypted video software Jitsi. The software was highly upheld by NSA informant Edward Snowden back in 2017. Moreover, its not necessary to create an account to use the video conferencing product, however, the user should use the Brave browser.

The crypto-friendly Brave web browser rewards its users with Basic Attention Tokens (BAT) for viewing advertisements. In fact, the Brave browser has made regular gains in adoption over the last few months. According to the company’s head of marketing Des Martin, the crypto-friendly Brave web browser surpassed one million users during March alone.

However, despite the large user base, only a small percentage of the users take advantage of the browser’s privacy features as per the firm’s CEO.

Filed Under: Industry Tagged With: BAT, BAT token, Brave, Brave New Coin

Top Five Cryptocurrencies to Watch in 2020

March 10, 2020 by Arnold Kirimi

Digital currencies could be due to huge gains in 2020. Well, it’s another year and there’s a lot to be offered by the cryptocurrency community. Bitcoin began the year in a really good shape convincing bulls that it’s time for business.

At the end of February, however, Bitcoin quickly collapsed, taking the rest of the cryptocurrency market with it. Despite the recent red market, a number of exciting projects and innovations are underway to watch out for. Having said that, let’s look at the top digital currencies to be on the watch list in 2020.

1. ChainLINK (LINK)

Back in 2019, LINK was the best performing digital currency and started the new year with the same momentum. Recently, ChainLink’s native token, LINK has seen staggering price movements. At the beginning of 2020, LINK is among the massive gainers of the bullish action At some point this year, its price has increased by more than 187 percent. In fact, LINK seems to be going against the price movement of Bitcoin. While BTC is down, LINK seems to have made key market gains.

Nevertheless, LINK’s price action is not the only interesting thing to keep an eye on; ChainLINK does some impressive business deals. In addition to partnering with giant search engine Google, ChainLINK has been busy forming more and more collaborations.

LINK has been building a buzz on the crypto platform, but the mainstream press still has so much to do. The price seems undervalued, making it crypto to watch this year.

2. Enjin Coin (ENJ)

The self-proclaimed gold standard for cryptocurrencies, Enjin coin (ENJ), has been gaining a lot of popularity among gamers. Enjin recently launched its mainnet on the Ethereum blockchain. It allows almost anyone to create games with items that live on a blockchain network.

After its launch, the token’s price had a massive rally reaching a record high. Nevertheless, it was subjected to the ongoing crypto reds market that revealed its correlation with other popular cryptocurrencies such as BTC and ETH.

The ecosystem of Enjin Coin consists of the Enjin platform, Explorer, Wallet, Beam, and other tools and services. This blockchain-based product ecosystem enables game developers and studios to use digitally tokenized blockchain assets as part of their strategies for acquisition, retention, interaction and monetization.

Its new product, which enables developers to create their own games and other in-game items driven by ENJ tokens. Currently, after a massive drop of 56% ENJ’s price $0.09 which seems very undervalued considering the ambitions of the project. It’s worth keeping tabs on.

3. Digitex (DGTX)

DGTX is a native token of the Digitex Futures Exchange. This startup aims to revolutionize the futures trading market for digital currencies by removing the commission liability from any trade. Scraping the fees will allow scalpers to make money and take advantage of the market’s tiniest price fluctuations. This is not possible at the moment, given the high fees charged by other exchanges.

In addition, the Digitex futures exchange has a user interface with a one-click trading ladder. This GUI helps the traders to remain in the price zone and position their orders with just a click of a mouse without using the keyboard.

The crypto startup will make it compulsory for traders to use DGTX tokens for all trades, hence enabling it to eliminate commission from all trades. In addition, this will also create a demand for the DGTX tokens among traders who want to enjoy commission-less trading and liquidity in the markets. Although that amount represents a 220% return rate for the initial ICO investors, DGTX enthusiasts are confident that it will reach its all-time high of 16 cents once it has been integrated for trading. 

The exchange is currently in beta version and the mainnet is expected to be rolled out by 27th April, stirring a bullish movement of DGTX price action regardless of how BTC is doing. Watch out for this one.

4. Tezos (XTZ)

Tezos (XTZ) is a blockchain network linked to a digital token, known as tez or tezzie. Token holders get a reward for engaging in the consensus mechanism of proof-of-stake.

Tezos is one of those cryptocurrencies which tends to increase in value when Bitcoin is down. Additionally, this year’s XTZ token price action was among the most active so far, experiencing huge gains and corrections.  Tezos blockchain has a huge global baker culture alongside a committed developer team.

Furthermore, both Coinbase and Kraken have recently listed XTZ for staking which resulted in a massive uplift to tezos.  With the current momentum of the token and the downward trend of BTC, this year’s XTZ is an interesting prospect.

5. Basic Attention Token (BAT)

Basic Attention Token is an Ethereum-based token created alongside Brave Browser home platform. This token was founded by Brendan Eich, co-founder of Mozilla and Firefox, who also created JavaScript.

Through Brave BAT will be used to pay content creators and advertisers via tips from loyal fans, and users will also receive BAT for viewing advertising. Basic Attention Token (BAT) aims to completely revamp the efficiency of digital advertising using its token, which can be transferred between advertisers, users, and publishers.

 

Filed Under: Industry, Opinion Tagged With: Altcoin Revolution, BAT, Chainlink (LINK), digital assets, token, XTZ

These 3 crypto currencies would rise even if Bitcoin bites the dust

July 26, 2019 by Ali Raza

Recently Bitcoin has been showing some signs of weakness. This is excellent news for many other brands of crypto tokens. These competing tokens have been severely beaten this year as Bitcoin – dominant cryptocurrency – fiercely ventured forward, leaving no land unconquered.

This may be an opportunity for the smaller crypto brands in the arena to bloom. This could even be a chance for a few them to try and move to a pole position.

Basic Attention Token, Verge, and VeChain are three cryptocurrencies that we have identified as potential candidates that are very cheap to buy right now. These can be considered as the hidden gems of the crypto market right now. Their signals indicate that they are an excellent choice for future pole position holders, but please bear in mind that this is not investment advice and this report is only intended for informational purposes.

Basic Attention Token – Bottom Signal Flashed  (BAT/BTC)

Basic Attention Token is a reliable, low-cost candidate. Aside from the climb to 0.000094 BTC on 21 April, it has traded in a well-defined range. From December 2017, this crypto has moved between range support of 0.000023 BTC and a range resistance of 0.000056 BTC. The midpoint is at about 0.0000395 BTC.

We believe that this could be a reasonably easy trade because the cryptocurrency respects our range support of 0.000023 BTC. Additionally, it flashes bullish divergence and some oversold signals. If you opt to invest long term, buy as close to 0.000023 BTC as you can. Our targets would be 0.0000395 BTC and 0.000056 BTC.

Verge – Trades at Historic Lows (XVG/BTC)

Verge’s great crypto hardship could be coming to its end. We forecast this as the market seems to have completed its cycle. On 23 December 2017 0.00002 BTC was posted – this was an all-time high. Then on 16 July 2019, the token plunged to 0.00000053 BTC. That translates to a fall of 97.4% over 19 months.

Mostly, Verge has relinquished all of its gains from 2017. The expectation is that it could bottom out here or, worst case, cease to exist entirely.

Fortuitously, technical indicators show that the Verge could survive and commence a new market cycle. To date, bulls confirm thoughts at 0.0000005 BTC. Additionally, the daily RSI shows a long bullish divergence. As you know, these signals are those of a market entering the accumulation phase.

If you want to buy, purchase as close as you can to 0.0000005 BTC. Targets are at 0.000001 BTC and 0.0000015 BTC.

VeChain – Multiple Reversal Signals Seen (VET/BTC)

VeChain is displaying powerful reversal signals. Reviewing its daily chart, it has been noted that this cryptocurrency is trading at close to the bottom of a continually falling trend.

More prominently, it shows signs that it is ready to remove any diagonal resistance of the slope. Also, technical indicators are favoring the divergence. Looking at the daily RSI, we have noted a long bullish divergence. This indicates that momentum has been gathering for some time. VeChain could ignite in a big way very soon.

On 25 June the capitulation volume was the largest that has printed. Again, another reliable indicator that tells us that the dip has already been and gone. To validate our findings, VeChain needs to reclaim 0.0000006 BTC and transform it into robust support. Should that happens, bulls divergence will easily hit 0.000001 BTC.

Conclusion

There are many cryptocurrencies to choose from, and we have found three that are signaling good times ahead.  We recommend that you use this report to understand how to read the market signals and make your own crypto investment decisions on cryptocurrency, at a time when Bitcoin is starting to flag.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News, Industry Tagged With: BAT, Bitcoin (BTC), VeChain, Verge

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