The Newsletter by Tokenize Xchange (Vol. 39| June 2019)

Japan Brand Coin (JBC) delisting date

JBC will be upgrading and moving to their Mainnet thus JBC would be delisted from Tokenize Xchange on 8th July 00:00:00.

BTC trades above 12K USD for the first time since March 2018

Bitcoin (BTC) has broken the 12K USD barrier and is currently trading above 12K USD at the time of writing. At the moment, BTC still has a huge amount of upside and we are looking at a price target of 100K USD.

Here some reasons why

  1. The “halvening”: The Bitcoin block reward halving is set for May 2020 which means the mining block rewards will be cut from 12.5 to 6.25 BTC.
  2. Institutional investments: More institutional investors more pouring “smart monies” into BTC and this current rise in price was mainly due to them and not retail investors.
  3. Fundamentals better than ever: Hash rates are at all time high which means there is a good volume of transactions while the transactions fees has remained affordable because of the Lightning network.
  4. Overall economic outlook: With the Central Bank of the EU planning a monetary stimulus, investors are starting to not only realize that bitcoin’s supply is fixed and transparent as compared to fiat, but it’s also the world’s first neutral, open-access money that no authority can control.

The reason behind why Gold-backed Cryptocurrencies are on the rise| (Part 1: Introduction & Overview)

Do you understand the fundamental value behind gold? And why are gold-backed tokens on the rise right now? Are they overrated?

Curious to know the answers to these questions? Click here to read more!

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