Bitcoin Has Held Over $10k for Nearly Two Weeks: What Happens Now?
Our founder and CEO, Sergei Khitrov, shared with Finance Magnates his opinion about the recent bitcoin surge.
He told that currently, “[…] there are still huge volumes on the market, and the market is constantly fueled by positive news and the growth of other cryptocurrencies.”
“In our opinion, the previous resistance level at $14000 may be tested in the second half of this year,”- Sergei Khitrov said. “And, of course, there is still a good chance that Bitcoin’s current momentum above $10k could come to a screeching halt–and even reverse. “It is always possible that a ‘Bart Simpson’ trading pattern will be repeated in case of negative news on the market,” Sergei told. “In this case, a retest of the level of $10,000 is quite possible, which remains a significant psychological benchmark. Falling below, it will mean the end of the recent bull run.”
DEX 2020: Is It Really On a Tear?
Since the launch of the Ethereum network, there have been a lot of rumors inside the cryptocurrency industry about the imminent collapse of centralized exchanges and the full transition to decentralized exchanges (DEX). Our analysts share the answer to the question of whether this can happen.
Despite all the problems associated with DEX, it became a new trend and gained trading volume much in mid-2020. Recent reports share that the total trading volume on Decentralized Exchanges (DEX) was over $4.3 billion, much higher than in previous months. The number of users of such exchanges is already comparable to the number of people trading on centralized platforms.
In our latest story on Medium, we try to get through the differences between CEX and DEX, its pros and cons, and what we think about DEX's future.
Bitcoin Records Fresh 2020 High: Updated Analysis
Our founder and CEO Sergei Khitrov shared with BloomChain his opinion about the prospects of further movement of bitcoin course and reasons for current growth.
"I believe that this is a series of interrelated events", - he said.
The first reason that led BTC to the current situation, according to Sergei, was the changes in the legislative control of cryptocurrencies towards their acceptance in the legal field.
"In some countries, this is a shift towards legalization of the cryptocurrencies. As a result, more and more people pay attention to digital assets and start believing in their future," Sergei explained.
Another essential point, in his opinion, is that the U.S. regulators have recognized BTC as a form of money. Such a precedent was announced recently in a decision of Beryl Howell, the Chief United States District Judge of the United States District Court for the District of Columbia.
One more reason is PayPal's ongoing work on implementing the ability to perform operations with cryptocurrencies within its services. The changes will simplify the process of buying and selling bitcoins. As a result, millions of system users will be able to interact with cryptocurrency.
Also, according to Sergei Khitrov’s interview, we should not forget positive news about the development of Libra 2.0 and digital dollar projects. The latter, he believes, will be able to attract even more people to the crypto industry. So, the rapid growth of BTC this summer is the result of a chain of interrelated fundamental events.
Is DAO a New Type of Organization or a Huge Trend for the Coming Years?
2020 year was announced as the year of the DAO in the FinTech industry. Still, most people who heard about the word have a hard job defining the concept.
Our analysts propose to use the original definition of Vitalik Buterin, who defines a DAO as “an entity that lives on the internet and exists autonomously, but also heavily relies on hiring individuals to perform certain tasks that the automaton itself cannot do.”
Beyond sheer diversity of DAOs, they display a similar key feature: the ability to facilitate the collective management of common goods, including cultural and intangible works, natural resources, economic and industrial production, and social systems.
Since the fall of The DAO in 2016, decentralized autonomous organizations have strayed from the spotlight. However, developments and experiments in this area never stopped.
So, we try to get what DAO is, and what has changed since the inglorious hack of the DAO, -
What is DeFi, or how did finance become decentralized?
For the last two months, the whole cryptocurrency industry has been strongly influenced by passive investment and lending narratives. Given the huge interest of traders and large organizations, these trends are likely to continue for a long time.
However, these ideas are far from being innovative - crypto lending platforms have existed for many years. Companies such as Celsius, Crypto.com, Nexo, and Coinloan (CeFi companies) have been providing credit services for the last few years. Although they are more decentralized than banks, such platforms still do not fully reflect the capabilities of DeFi.
So, in our latest story on Medium we try to get through the differences of DeFi, CeFi, its risks and aspects of this type of lending
How to Pick the Best Crypto: Cryptocurrency Ratings
To understand and find the best and reliable cryptocurrency, users and investors often turn to rankings: by actual price, by total market capitalization, by trade volume, etc. There are many aggregator sites for this purpose, such as Coingecko and Coinmarketcap, as well as Binance Info, etc.
But two rankings try to take into account technological and financial indicators simultaneously. This is the rating of the cryptocurrency unit of the rating agency Weiss Ratings and the rating of the center for the development of the China information technology industry (CCID).
Weiss Ratings is a well-known American provider of investment product data, which began operations in 1971. The rating of the Weiss Ratings agency’s cryptocurrency unit was released for the first time in January 2018. Since then, it is updated every week and presents a consolidated report on 123 cryptocurrencies and tokens. Weiss Ratings’ overall goal is to help avoid the hype and help lead investors to identify the cryptocurrencies with the best chances of surviving and succeeding in the long term.
The Weiss Crypto Ratings model is built with five basic layers that take data from the project’s technology, adoption, risk, and momentum. These layers then filter the information through in-house software models identifying each component in relation to the potential success or failure of the overall company.
An alternative to the Weiss Crypto Ratings rating is a regularly updated study from the China Information Technology Industry Development Center (CCID).
Projects are evaluated in three main categories: basic technology, applicability, and creativity. The rating is updated every month, however, due to the consequences of the coronavirus pandemic, the updating of some projects has slowed, and the overall index has not changed much over the past months.
Therefore, while you work with these ratings, you should conduct your own additional analysis and study each project.
Listing.Help analysts explain why now is the best time for Listing
The current economic situation leaves much to be desired. Every day we get new negative macro forecasts from well-known organizations. However, during that time, we should think globally and try to look far beyond this economic crisis.
Listing.Help sees unexpected advantages in this challenging situation. Listing of projects on exchanges remains a high-demand service. However, not all projects can afford to start trading on top and well-known cryptocurrency exchanges at once. Now the situation is changing.
1) Many well-known exchanges (Hitbtc, Bithumb Global, Bitforex) aware of the current decline in the economy and the state of the cryptocurrency community and ready to give a helping hand to projects. The price of listing on them becomes much cheaper. The exchange management explained this position to us as a desire to help projects that reduce marketing costs and other expenses.
2) Moreover, Listing.Help wants to support this initiative from cryptocurrency exchanges and make additional discounts for listings. We build long-term trusting relationships with many projects, and we want to support such projects and help those who are haven’t yet been listed on well-known exchanges.
3) The price of bitcoin is another important factor for the listing price. There is a correlation between the price of bitcoin, public interest in it, and the cost of services in the cryptocurrency market. The higher the price of bitcoin, the higher the cost of many services both in bitcoin equivalent and in terms of the dollar.
Listing.Help sees unexpected advantages in this challenging situation. Listing of projects on exchanges remains a high-demand service. However, not all projects can afford to start trading on top and well-known cryptocurrency exchanges at once. Now the situation is changing.
Bitcoin is now trading 30% below its highs of last year. As a result, if listing on an exchange cost 3 BTC, then in dollar equivalent, such operation is now much cheaper.
The entire cryptocurrency community was waiting for the bitcoin halving and associate it with the rise of its price. As a result, we are likely to see an increase in the price of many cryptocurrency services both in bitcoin and in USD.
Listing.Help sees unexpected advantages in this challenging situation. Listing of projects on exchanges remains a high-demand service. However, not all projects can afford to start trading on top and well-known cryptocurrency exchanges at once. Now the situation is changing.
4) The interest in new projects entering the exchanges is now higher than ever. Representatives of exchanges explain this to us by a simple logical chain:
a. Currently, most of the world's population is on lockdown and turned to new types of income online;
b. Exchanges launched an extensive advertising campaign on the Internet and tryied to enter new markets (for example, the CIS and LATAM);
c. New users come to cryptocurrency exchanges. They often trade less with main crypto assets - Bitcoin and Ethereum, and more with altcoins;
d. As a result, new users turn their attention to all new projects that carry out listing on exchanges.
This tendency is easy to trace by increasing the number of registrations on platforms and the growth in trading volumes of many top tier cryptocurrencies and altcoins.
Our data shows that within the second half of March, which is when strict lockdown policies have been imposed in many countries, we've seen a 30% increase in new accounts," a Bitfinex spokesperson said.
The community's solidarity of the cryptocurrency community and the desire for projects to help each other during the crisis are the main trends of recent months. Thanks to supporting measures from large projects, a unique opportunity arises. Small startups can improve their position and get new connections despite all the crisis phenomena in the economy.
How will halving affect the price of bitcoin?
In our blog on Medium, we published a new article, “Facts and Dreams”: how will halving affect the price of bitcoin?”
On May 12, the bitcoin halving occurs. What is it, why is it necessary, what is essential to know, and what will happen next? — we gathered opinions on the most important issues of halving.
CEO of Listing.Help in the list of 30 Most Influential People In Blockchain Industry
Hakernoon published a rating of the most influential people who determine the development of the cryptocurrency market.
The main thing for our team is that Sergei Khitrov is on the 4th place in this list. The article notes his merits as the founder of Jets.Capital and Listing.Help. Also, it is emphasized that Sergey is the organizer of one of the largest cryptocurrency events in the world, Blockchain Life.
Medium Blog
Not long ago, we published in our blog on Medium a new article, “Hype and death of ICO.” We tried to find out who invented ICO, how it gets so much hype and how it ceased to be so, and how much money startups and scammers raised.
Soon we will also try to reveal in detail why IEO replaced ICO and what other changes in the decentralized financing institution can be expected soon. Stay tuned!
ATTENTION SCAMMERS!
Fraudsters started to actively use our brand to deceive projects.
Be careful! Our company has only 1 website https://listing.help
Check everything several times before the payment.
New Year presents from Listing.Help
Maria from our business development department packs gifts for our partners. Every year we send them to the companies that we are working with.
Wishing you a prosperous New Year!
European office curling competition
On the 18th of November Listing.Help European office departments competed in curling. The sales team were the winners!
Speech at AIBC
This autumn founder of Listing.Help had a speech about IEO at the AIBC Summit.
Listing.Help in Moscow
On the 16-17 of October Listing.Help was Diamond sponsor of the biggest event in Eastern Europe.
Listing.Help booth at Malta Blockchain Summit
On the 7-8 of November, our team visited Malta Blockchain Summit for the 3rd time. On the photo, you can see our Executive director Kirill standing at our booth.
Listing.Help at ChainPoint19
CEO of Listing.Help Sergei Khitrov was a speaker at the biggest Armenian Blockchain Conference ChainPoint19
Listing.Help will organize Blockchain Life in 3 weeks
Join more than 6,000 partisipants on 16-17 of October
in Moscow's Expocnetre where Listing.Help will organize the biggest
blockchain forum in Europe.
For 3 years of existence, the Blockchain Life forum has become an international
platform for the development of hundreds of companies in the industry, a meeting
place for market leaders with representatives of government agencies, a place of
thousands of contracts that influenced the global development of technology.
Meet our CEO at Malta Blockchain Summit
CEO os Listing.help Sergei Khitrov will speak on Malta
Blockchain Summit on 8 of November 2019.
He will describe how listing and IEO on exchanges will help retailers.
Meet us at Malta Blockchain Summit
On the 23-24 of May Listing.help will be at Malta Blockchain Summit. You can meet our team at the booth B25.
Let's book a meeting!
BitForex and Listing.Help Party
On the 24th of April Listing.Help and BitForex organized a private party in Singapore at Smoke and Mirrors for 150 VIP partners.
Founder of Listing.Help speaking about IEO
Initial Exchange Offering (IEO) is a fundraising event that is administered by an exchange. Sergei Khitrov, founder of Listing.Help, talked in Singapore about how projects can succeed in IEO.
Listing.Help speech at Bloconomic Expo in Kuala Lumpur
CEO of Listing.Help Sergei Khitrov talked at Bloconomic Expo in Kuala Lumpur about the listing of projects on exchanges and IEO.
Listing.Help moderated the section with the World Top Exchanges
In Singapore on the 23rd of April CEO of Listing.Help Sergei Khitrov moderated the section with the top exchanges: Huobi, BitForex, DigiFinex, Coinsuper, Coineal and EXMO.
We gathered 3000+ attendees at our forum in Singapore
On April 23-24 more than gathered three thousand attendees from 70 countries gathered in Singapore.
Top crypto companies (Binance, Huobi, Listing.Help, ELVN and others), world famous experts (Tim Draper, Roger Ver and others), mining giants (Bitmain, Btc.com), representatives of key cryptocurrencies (Litecoin, Dash, Cardano, Neo and others) gave talks about the present and future of blockchain and cryptocurrencies at the 3rd Global forum in Asia.
Speakers discussed the current IEO boom, blockchain hacking and other crypto and regulation trends. Companies and investors made dozens of contracts in meeting rooms, expo and VIP areas. Bitcoin also supported the positive wave from the blockchain community and grew by 5% during the event.
Listing.Help will organize Blockchain Life in Singapore
On April 23-24 Listing. help organize a 3rd annual forum in Marina Bay, Singapore, the Blockchain Life 2019.
The global forum 2019 highlights four significant topics:
Blockchain, Cryptocurrency, StartUps, and Mining. More than 5000 people including industry top speakers, funds and investors, blockchain startups and world companies, crypto traders, developers, and miners - all are going to join.
Blockchain Life 2019 to discuss the latest trends and ways of earning money in the crypto market.
Find out more information and get tickets: blockchain-life.com
Listing.Help at IG Conf
On the last day of November we participate in the last our event this year as a sponsor.
This is IG conf in Saint Petersburg, Russia with over 1500 participants and we sure that we will have a lot of networking here and will have fun on the huge afterparty after the conference in Peterhof Palace
Listing.Help at Blockshow Asia
Take a look at the small video presentation of our stand at Blockshow Asia in Singapore
Listing.Help at Blockshow Asia
These 2 days we participated in another event as a Sponsor - Blockshow Asia in Singapore.
The Forum’s venue is the unique resort in the Singapore downtown which has been included in the world best buildings list. This masterpiece named Marina Bay Sands Hotel consists of three 55-story towers with a height of 200 meters with a large gondola terrace on it.
The conference was big - over 2000 participants and now we are going home to keep working on our great company and help projects to be listed on exchanges with very good conditions
Listing.Help at RIW in Moscow
These 3 days we participated in Russian Internet Week in Moscow. That was a huge conference with more than 15 thousand attendees.
Our CEO Sergei Khitrov had a pitch at the main stage about the listing on exchanges.
Listing.Help at Blockchain Conference in Moscow
Today we participated at the oldest Blockchain conference in the world organized by Smile Expo for the fourth consecutive year. We have a stand here and also we met the founder of the biggest crypto blog in the world "CryptoBoss".
And our CEO Sergei Khitrov was a speaker, he told to the crowd about the listing on crypto exchanges and what investors should do at the time of listing.
Listing.Help at Blockchain Life in Saint Petersburg (Day 2)
The second day of the Blockchain Life conference expectedly turned out to be as rich as possible on dating and new connections. St. Petersburg has become the capital of the crypto world for these two days.
Listing.Help at Blockchain Life in Saint Petersburg (Day 1)
Today Listing.Help organized the first day of the largest international forum Blockchain Life 2018. The forum was attended by over 4,000 participants, the day was very productive. Looking forward to the second day.
Listing.Help at Malta Blockchain Summit (Day 2)
Today CEO of Listing.Help Sergei Khitrov had a speech at the main stage of WBS with the topic: "The listing on Crypto exchanges. Main cases and mistakes. And how investors should behave when their project is listing on exchange".
Also Sergei was a judge at ICO pitch.
Listing.Help at Malta Blockchain Summit (Day 1)
Today we are participating as an exhibitor at Malta Blockchain Summit. It's a two-day conference with over 8,000 attendees, the Biggest blockchain conference this year.
Listing.Help at Crypto Expo in Moscow
Yesterday Listing.Help participated as an Exhibitor at Crypto Expo in Moscow
Listing.Help at OKEx office
Today we are in the office of OKEx, one of the biggest exchanges in the world, discuss good discounts for our clients.
Listing.Help at WBS Marvels in Hong Kong
Today Listing.Help participated as an Exhibitor at Marvels World Blockchain Summit in Hong Kong
Listing.Help speech at DIB Summit in Dubai
Today CEO of Listing.Help Sergei Khitrov talked at Dubai International Blockchain Summit about the listing of projects on exchanges and gave advices to investors how they should behave when their project going to exchange.
Listing.Help at DIB Summit in Dubai
Today Listing.Help participated as a Sponsor at Dubai International Blockchain Summit which was organized at Atlantis, a majestic 5 star Dubai hotel situated on the Palm, a man-made island that has captured the world’s imagination with its magnificent scale and ingenuity.
Listing.Help at WBC Summit in Moscow
Today Listing.Help participated as the sponsor at World Blockchain Cryptocurrency Summit in Moscow organized by International Decentralized Association of Cryptocurrency and Blockchain (IDACB)
Listing.Help at CPA-Life 2018
Today Listing.Help participated as the Gold Sponsor at the biggest conference on Internet Advertising and Affiliate Marketing in Russia and Eastern Europe CPA-Life 2018.cpalife.su/en/
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