Selected Crypto Articles of the Day

Hello Steemians, the best articles i have read today

Every day, i read 12 to 15 articles; i choose the most interesting and summarize them in points for you.
Interesting articles, hope you enjoy them

Article no 1:

TRON Plans 30 Million TRX Airdrop to Ethereum Holders

Summary:

• TRON is planning its departure from the Ethereum network with the launch of its upcoming mainnet on June 21. Its stated goal is to become “one of the most competitive mainstream public blockchains in the world.”
• Now that TRON’s ERC20 phase is coming to an end, it will airdrop 30 million TRX to Ethereum holders.
• The airdrop is an effort to entice Ethereum users to the TRON network. While characterizing the event as a show of gratitude toward Ethereum, Tron Labs remains critical of the Ethereum network.
• Eligible recipients for the TRON airdrop will show a balance of over 1 ETH. The airdrop amount will be randomized with recipients earning anywhere between 10 – 100 TRX.
• Meanwhile, an outline for the implementation of Ethereum’s Casper was just published. It lays out the Ethereum’s mainnet transition from Proof of Work (PoW) to Proof of Stake (PoS). The result will be a consensus model PoW/PoS hybrid that promises to make Ethereum more efficient.

Personal Opinion:

I am a Tron fan, but I think this is not a sign of gratitude, it is a tactical move, now why is that? If you have received 100 Trx for free, what would you do, most of the people who don’t know about Tron will do a little research about it to decide whether to sell their coins or not, Justin sun is doing a marketing campaign, and at the same time appears as a gentleman who is showing gratitude to ethereum, hitting two birds with one stone.

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Article no 2:

Why People Predict Bitcoin Prices of $100,000 and Higher

Summary:

• Bitcoin price of $100,000 is more than just a dream. In fact, an increasing number of experts are convinced it will happen.

• Macro strategist Kay Van-Petersen thinks it could happen as early as the end of 2018 due to the inflow of institutional money. “We’ll get a cascade of ETFs, mutual funds and other investment vehicles breaking out,” he told Bloomberg in December.

• In December 2016, when Bitcoin was trading at $750, he predicted it would rise to $2,000 within a year. The Bitcoin price hit $2,000 less than six months later.
• CEO of the fintech firm Smart Valor, also has a $100,000 target BTC price, although there’s a slightly longer time frame.
• Speaking to CNBC in February, Winklevoss forecast an increase of 30 to 40 times the $7,500 Bitcoin price at the time. That would put Bitcoin prices as high as $300,000, 10 to 20 years from now.
• Last week, Draper predicted Bitcoin would reach $250,000 by 2022. That’s a gain of more than 3,000% in just four years. Draper famously forecast at the end of 2016 that Bitcoin would hit $10,000 in 2017. “Believe it. It’s going to happen, they’re going to think you’re crazy. It’s gonna be awesome,” Draper said of his lofty target.

Personal Opinion:

Rothschilds, Rockefellers and Soros began investing in cryptos, those are like vampires smelling blood, Bitcoin has a big potential for gains and this is making institutions saliva leaking, they will enter one after the other, crypto exchanges profits are increasing exponentially, and banks are monitoring and preparing themselves, bitcoin will hit 25,000$ by the end of the year, HODL your coins.

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Other interesting articles:

• Amazon releases its blockchain template that allows Ethereum [ETH] mining

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The content is intended to offer general information only. It does not provide legal, investment, tax, etc advice.

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