Diar Releases Report About EOS, Decentralized Exchanges and JP Morgan’s Assessment on Bitcoin

2019-2-5 01:40

In a recently released report, Diar wrote about EOS, decentralized exchanges and JP Morgan’s assessment on Bitcoin (BTC).

The first topic discussed is regarding how EOS has been growing in the market. Compared to Ethereum (ETH), which is the closest competitor to EOS, the new blockchain platform has been experiencing a very positive trend during the last half of year.

According to Diar, EOS accounts for 55% of US dollar traded volume on decentralized applications (dApps) since its network was launched around eight months ago. At the same time,Tron (TRX) dApps accounts for 38% of total on-chain USD volume compared to 6% of Ethereum, which is lagging behind.

Tron and EOS have a large number of dApps that focus on gamblers. Indeed, 70% of all the funds transacted on EOS go towards gambling dApps. Meanwhile, this number ascends up to 95% for Tron. Meanwhile, Ethereum’s gambling dApps account for just 2% of the total US dollar transaction volume on the network.

It is also worth mentioning that on-chain Ether transactions are at an all-time high. There are some stablecoins and other projects that are running on top of the Ethereum network and processing a large number of transactions.

The second topic that Diar discussed is related to decentralized exchanges hitting a new all-time low. Decentralized exchanges (DEX) have been growing as a possible solution to centralized platforms for exchanging digital assets.

Although they seem a very good solution to deal with centralization in the crypto market, they were not able to attract a large number of users. DEX volumes reached a new low of $49 million traded just in January. This is less than 10% of what Binance, the largest centralized exchange, handled in just a day.

There are different crypto platforms that are starting to think about investing in decentralized platforms. Binance is currently working in a DEX that aims at improving usability and become the user-friendly decentralized exchange of the market. Coinbase has purchased Paradex to work in this area.

Finally, the report released by Diar talks about JP Morgan and its analysis related to the price dynamics of Bitcoin. During 2018, the market has been waiting for institutions to start investing in the crypto space. Nevertheless, this is something that didn’t happen.

The report released by JP Morgan takes a look at the developments of Blockchain and Bitcoin’s price. As per the firm, one of the ways to estimate a quantifiable intrinsic value for Bitcoin is to treat it as a commodity. Thus, it might be possible to base it on the marginal cost of production. The report says that the production cost for miners with low-cost electricity was $2,400. Diar, instead, believes that the production cost is close to $3,100.

Furthermore, the report analysed hash power fluctuations and how they could affect the market. According to JP Morgan, if miners leave the market if the price drops, Bitcoin could eventually reach $1,260. Nevertheless, if we have a look at Bitcoin’s hash power, miners have entered the market once again after being affected by the price drop in November and December 2018.

Currently, each Bitcoin can be purchased for $3,465 and it has a market cap of $60.69 billion.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

EOS (EOS) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.9581
Капитализация $0 Rank 99999
Цена в час новости $ 2.3936 (-100%)

eos bitcoin diar assessment morgan exchanges decentralized

Источник: bitcoinexchangeguide.com

eos bitcoin → Результатов: 126


Mining Report Says EOS Blockchain Requires Much Less Electricity in Comparison to Bitcoin or ETH

There are indeed a growing number of positive aspects with EOS, but a newly discovered quality could make it much favorable among cryptocurrency enthusiasts. For example, it has been found that EOS consumes a less amount of power compared to the sheer consumption witnessed with Bitcoin in the creation of virtual coinage. Calculations performed by […]

2018-10-31 03:22


Bitcoin, Ethereum, Ripple, EOS, Tron и Monero обладают самыми популярными сайтам в криптовалютном мире

С помощью инструмента для анализа сайтов Alexa удалось узнать, какие из сайтов, посвященных криптовалютам, имеют наибольший трафик

2018-7-11 12:35


Фото:

Ethereum Price Analysis – Plus NEO, EOS, ADA, XRP

As prominent economists sound the death knell for cryptocurrencies and technical analysts label the current events as part of the bottoming process, investors have one question in mind. Are cryptocurrencies nearly prepped for a turnaround or is this the next leg down in a 7-month bear market? Market Overview Cryptocurrencies continue to waver and fumble as a few prominent world economists forecast that governments will regulate bitcoin to death.

2018-7-11 07:00


Professor Whitfield Diffie on the Challenges of Securing Data on the Blockchain

Blockchain technology has come a long way since it was introduced as the underlying technology driving Bitcoin. As the field continues to advance, modern blockchains such as Ethereum, EOS, NEO, Cardano and others are becoming software platforms where startups can build entire products and utilize decentralized features inside their own applications. Today, blockchain technology is […]

2018-7-10 16:00


Фото:

Курс EOS резко упал

Во вторник утром курс виртуальной валюты EOS резко упал. По данным Coinmarketcap на 8. 30 по мск, стоимость цифровой монеты просела на 10,9%, до $7,67. Остальные криптовалюты, входящие в первую пятерку по объему капитализации, также начали день с падения.

2018-7-10 08:43


Крупнейшие криптовалюты теряют стоимость, рынок упал на 13 миллиардов долларов

Несмотря на значительный объем криптовалюты, крупные цифровые активы, такие как Bitcoin, Ripple, Bitcoin Cash, Ethereum и EOS, зафиксировали большие ценовые потери по отношению к доллару США. Сообщение Крупнейшие криптовалюты теряют стоимость, рынок упал на 13 миллиардов долларов появились сначала на Freedman.

2018-7-6 12:42


Рынок криптовалют резко обвалился 

В пятницу, 6 июля, наиболее ликвидные криптовалюты снова резко рухнули после роста днём ранее. Об этом свидетельствуют данные площадки coinmarketcap по состоянию на 10:00, пишет БИЗНЕС. Так, за последние 24 часа Bitcoin упал на 2,06%, до $6 541, Ethereum – на 3,48% до $459,6, Ripple – на 5,68%, до $0,46, Bitcoin Саsh – на 6,51%, до $713,3, EOS – […]

2018-7-6 12:33


Фото:

Рынок криптовалют снова оказался в «красной» зоне

В среду, 4 июля, наиболее ликвидные криптовалюты снова резко рухнули после роста днём ранее. Об этом свидетельствуют данные площадки coinmarketcap, пишет Бизнес. Так, Bitcoin упал на 2,16%, до $6 502, Ethereum – на 3,61% до $462,5, Ripple – на 4,99%, до $0,482, Bitcoin Саsh – на 6,52%, до $756,8, EOS – на 4,42%, до $8,74. Торговые объемы […]

2018-7-5 09:01


Торговые идеи по криптовалютам на 4 июля 2018 — BTC, ETH, EOS, ZEC, XMR

Динамика ведущей десятки криптовалют по состоянию на 16:00 МСК преимущественно положительная. В наибольшем плюсе находились EOS +3,07%, IOTA +2,36%, Cardano +2,3%. Bitcoin был в плюсе всего на 2,3%.

2018-7-4 16:45


Хедж-фонд Multicoin Capital оптимистичен по поводу Ethereum и EOS

Криптовалютный хедж-фонд Multicoin Capital из Остина является сторонником бычьих настроений по поводу Ethereum, а также EOS. Сообщение Хедж-фонд Multicoin Capital оптимистичен по поводу Ethereum и EOS появились сначала на Freedman.

2018-7-3 11:47


Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin

Austin-based cryptocurrency hedge fund Multicoin Capital is long Ethereum as well as EOS while short both Litecoin and Ripple’s XRP. Backed by Andreessen Horowitz’s Marc Andreessen and Union Square Venture’s Chris Dixon among others, the $75 million fund is defending its most significant position: EOS, a currency that raised $4 billion through an ICO last month […] Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-7-3 01:24


Хедж-фонд Multicoin Capital делает упор на EOS и Ethereum

Крупный криртовалютный хедж-фонд Multicoin Capital, среди спонсоров которого Марк Андриссен, Крис Диксон, Union Square Ventures и другие венчурные капиталисты, делает упор на Ethereum и EOS, а перспективы Litecoin и XRP им кажутся сомнительными.

2018-7-1 10:51


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Whale watch: $1B in Toncoin trades shake the market, tracking what's next

Toncoin has seen a surge in whale activity on its network. TON, however, is at risk of a price decline. Toncoin [TON] has witnessed a spike in whale activity on its network in the past few wThe post Whale watch: $1B in Toncoin trades shake the market, tracking what's next appeared first on AMBCrypto.

Predicting how ETH will react IF the SEC approves Ethereum ETFs

Coinbase analyst sees a 30-40% chance of approval for Ethereum ETFs. Ethereum's dominance and performance are at a low, suggesting a need for positive development soon. It is generally belieThe post Predicting how ETH will react IF the SEC approves Ethereum ETFs appeared first on AMBCrypto.

Ethereum sets sights on $4K: Will THIS spark a new rally for ETH?

ETH was up by more than 6% over the last seven days.  A few of the metrics suggested that the bullish momentum might not last.  Ethereum [ETH] caught investors off guard as its price gaineThe post Ethereum sets sights on $4K: Will THIS spark a new rally for ETH? appeared first on AMBCrypto.

Ethereum ETFs progress, but Solana may turn things bearish instead - How?

New data indicated that the likelihood of approval of Ethereum ETFs was relatively high. Ethereum lost market share to Solana, however, the price of ETH continued to surge. Ethereum [ETH] haThe post Ethereum ETFs progress, but Solana may turn things bearish instead - How? appeared first on AMBCrypto.

Fantom Sonic: Will Ethereum integration help FTM's price?

Fantom disclosed that Ethereum would enable the token migration. While FTM's price increased, reaching $1 could be challenging in the short term. Layer-1 blockchain Fantom [FTM] has discloseThe post Fantom Sonic: Will Ethereum integration help FTM's price? appeared first on AMBCrypto.

Avalanche [AVAX] jumps 7% ahead of token unlock: Is $43.50 coming?

Volatility around the token may be low, considering it has previously released 60% of its supply. AVAX might hit $43.50 if the volume continues to back the price action. The price of AvalancThe post Avalanche [AVAX] jumps 7% ahead of token unlock: Is $43.50 coming? appeared first on AMBCrypto.

Ethereum nears $3,200, jumps 10%: Bullish breakout ahead?

ETH wants to break above resistance. The bulls supported the coin’s uptrend with a number of markers spotted on a daily chart.  Leading altcoin Ethereum [ETH] is poised to breach the uppeThe post Ethereum nears $3,200, jumps 10%: Bullish breakout ahead? appeared first on AMBCrypto.