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Basic Attention Token (BAT) Wakes Up Following Bitcoin’s BTC $6,500 Target

Prediction

Following the drop to $5,200 which the pair BTC/USD experienced last week, bitcoin proved many bearish predictions wrong with the present performance as it just topped the $6,400 mark with 5.60% increase in the last 24-hours which is equal to $400 gain. While its dominance against altcoins in the crypto-verse has been very visible since the beginning of April (BTC 56.0%), in most occasions when it is standing in the green in general the leading coins follow the positive sentiment.

Bitcoin trading 2019
Source: coinmarketcap

Read: All Eyes On $6,400: Bitcoin (BTC) Taps $6,100 In Clear Uptrend

Taken from the above article – Mainstream analysts, like Fundstrat’s Rob Sluymer, are also bullish. In a research note released just recently, the Fundstrat Global Advisors chartist wrote that “Bitcoin’s long-term technical profiles continue to point to a new up cycle,” looking to the fact that BTC continues to trade far above its 200-day moving average. This comes just days after he remarked that it would be wise for investors to “use pending pullbacks,” which may soon arrive as a result of Bitcoin being overbought per some indicators, to “accumulate BTC in the second quarter.” However, keeping mind that the next resistance to clear is the very important $6,450 which as acted as a support for a very long time before the great decline.

On the other hand, per time of writing the famous yet 23rd ranked cryptocoin Basic Attention Token (BAT) has recovered 21.60% in the last 24-hours leading the BTC market for 15.20% – reaching a level of $0.3433 against the US Dollar.

The expansion of Brave, an internet browser which is built with blockchain technology and uses Basic Attention token as means for transferring value through the browser is a great example of how day by day it become more convincing for more people that cryptocurrencies have the potential of daily usage. Recently, the browser even took over the position of Google Chrome as the second most downloaded browser for mobile for a short period of time. At the moment, both browsers are competing for the second position, with Mozilla Firefox holding the first position.

The browser integrates its code with a wallet that allows users to reward content creators and receive rewards for their interaction:

Last week, we hooked up our cryptocurrency wallet to our Brave creator account. Those tiny micropayments that Brave users had tossed into the Archive’s virtual tip jar had accumulated, growing into more than 9k Brave Attention Tokens (BAT) – the equivalent of $2500 USD! – the team added

Its story – The Basic Attention Token, which transacts the token transfers in the via Ethereum’s blockchain, made its debut in the cryptocurrency industry with the target of resolving present marketing and advertising issues with which individuals have to deal with in the particular industry.

The post Basic Attention Token (BAT) Wakes Up Following Bitcoin’s BTC $6,500 Target appeared first on Ethereum World News.

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Brave is Gaining a Lot of Traction, and May Soon Dethrone Google Chrome

Brave has become the most popular browser of the crypto community. It was able to conquer this demanding audience thanks to its philosophy of using blockchain technologies to change the way we conceive the entertainment and content distribution industry.

Brave Logo
Brave Logo

However, the rest of its features are so attractive that Brave not only grew within the community: It is already one of the Top 3 mobile browsers with the most downloads at a global level.

Recently, Brave even dethroned Google Chrome from its privileged position as the second browser on the list for a brief period of time. Right now, both apps are competing for the silver medal, although neither has so far been able to be a dangerous competitor to Mozilla Firefox.

BAT: The Cryptocurrency that “Measures” How Popular Brave is

BAT Logo
BAT Logo is Inspired by Brave’s Philosophy

Basic Attention Token is a cryptocurrency developed by Brave to be used as a mechanism for transfering value through the browser. The idea is to reward users for viewing content while rewarding creators for their work, leaving aside intrusive practices such as unauthorized advertising, data tracking, etc.

Throughout the year, Basic Attention Token (BAT) grew as fast as its parent company’s browser. The fact that it was listed by Coinbase and Circle strongly stimulated its trading, increasing its marketcap, however, it is currently experiencing an important correction that could take its value to levels close to the band of 0.25 – 0.30 USD per token.

Dissenter: The New Competitor That Ditches BAT in Favor of BTC

To comply with its philosophy Brave Browser intends to use Basic
Attention Token. This altcoin is very popular, not only because of its
philosophy but also because it provides great profit opportunities for traders.

Dissenter Logo
Dissenter Logo

However, not everyone agrees with this idea. Many BTC maximalists dislike using altcoins, so they would have preferred the popular browser to be powered by the undisputed crypto King: Bitcoin (BTC).

For this group of people, the GAB team developed Dissenter
browser, a Brave fork that eliminates certain unnecessary features, while
leaving the best of the browser.

The controversy around this browser arose after the founder of Brave attacked Dissenter’s team because the idea of removing BAT didn’t seem very pleasant. He also accused the GAB team of plagiarizing his technology, alleging that this browser has no reason to be.

For its part, the Dissenter team reminded Brave’s CEO that
his browser is another fork of Chrome, which is a fork of the open source
project “Chromium”.

So far the future of these Browsers, although uncertain,
seems very promising, and despite the polemics, one thing is certain: The
crypto-browsers are here to stay (no matter what token they use).

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Basic Attention Token (BAT) Taking the Crypto-Verse’ Attention: Next $0.50?

Basic Attention Token Price

Developed with the target to deal and resolve present marketing and advertising issues with which many are faced in particular industries, Basic Attention Token is welcoming center-stage often for the past few weeks.

Per time of writing, the pair BAT/USD is leading the crypto-market by gain for the last 24-hours standing at 12.20% reaching a strong level of $0.4260. With a transaction-volume of $95.1 mil, BAT is mostly traded on ZB.COM and Binance at clear standing by volume (17%). Ranked 22nd it is standing right below NEM with $525 mil market capitalization.

Source: coinmarketcap

While keeping in mind that a positive sentiment is flowing and standing out in the crypto-verse, impacting the current increase which BAT‘s price is appreciating right now could be the clear that it experienced few days ago of the declining trend since the first quarter of 2018. Keeping in mind that the cryptocoins tend to move following the crypto-pioneer’s performance BTC, so a slight pullback could be due droing to the lows of $0.4000.

BAT – Recently:

Brave, an internet browser built with blockchain tech. The browser integrates its code with a wallet that allows users to reward content creators and receive rewards for their interaction. Brave Browser is already bearing fruits, growing slowly but steadily. Recently, The Internet Archive shared with its users that it received about $2500 in Basic Attention Token (BAT) tips. – covered in details by Jose Antonio.

Just a month ago, the team behind the advertising-targeting coin signed down a partnership with Tap Network which made it so that its owners can redeem on choice their tokens for rewards on over 250k brands with giants like Apple, Uber and Starbucks. Tap Network – Blockchain concentrated advertising platform. The newest listings that the community supporting BAT welcomed were non other than Coinbase and Circle Invest.

The post Basic Attention Token (BAT) Taking the Crypto-Verse’ Attention: Next $0.50? appeared first on Ethereum World News.

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Today’s Crypto Highlights: Tezos (XTZ), Basic Attention Token (BAT) and Cardano (ADA)

ADA XTZ BAT

As the crypto-pioneer returns above $4,000, altcoins are following-up with a speedy recover from the previous drop that occurred last week and not stopping while going for the November highs [2018] despite that the pair BTC/USD is battling all-day to overcome the major $4,100.00.

Outstanding is Cardano’s ADA/USD performance for the past days signaling how supportive the community is of the optimistic vision that its team set forward despite the hindrances met [with the public letters of disappointment published towards Cardano Foundation which set in motion the later-on changes in the leading board of the team] as IOHK, the team in charge of the development of Cardano (ADA), just announced the release of Cardano 1.5, satisfying the expectations of the community which directly was reflected with the upcoming days experiencing gain in value against the US Dollar.

Source: coinmarketcap

Last time the pair ADA/USD reached the $0.0700 level was in the end of Nov, 2018.

When it comes to double digit gainers – the 18th ranked cryptocurrency by market capitalization TEZOS XTZ is among the highest with 18.77% only in the last 24-hours as it is changing hands with USD at $0.9382 and potentially testing the important $1.0000 below which the pair XTZ/USD dropped back mid-November – five months ago.

The momentum as many are pointing out came due to the announcement of Coinbase Custody – a new service launched by Coinbase. The staking service by the crypto-exchanging platform will start with Tezos’ PoS service. It would allow investors to delegate their XTZ token holdings in running the Tezos blockchain. 

“The launch of Tezos staking through Coinbase Custody serves an acute need that existed up until now: a way for institutional participants who rely on a secure, offline custodian to take an active role in the network,” offered Kathleen Breitman, co-founder of Tezos. “Achieving our mission of creating a ‘digital commonwealth’ means facilitating participation for all, and that includes the institutional customers that Coinbase Custody brings to space.”

The Basic Attention Token, which transacts the token transfers via Ethereum’s blockchain, made its debut in the cryptocurrency industry with the target of resolving present marketing and advertising issues with which individuals have to deal with in the particular industry.
BAT has been designed to bring efficiency in the marketing and advertising industry. The digital token, BAT is exchangeable among publishers, advertisers as well as users. Per time of writing the BAT is increasing for 13.56% against the US Dollar only in the last 24-hours.

The post Today’s Crypto Highlights: Tezos (XTZ), Basic Attention Token (BAT) and Cardano (ADA) appeared first on Ethereum World News.

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Stellar (XLM), Basic Attention Token (BAT) and Waves (Waves) Latest News Summary

XRP’s [third largest coin by market capitalization] first row competitor for currency remittance and cross-border transactions Stellar Lumens (XLM) is standing in the green against the US Dollar reaching a price of $0.08661.

Future

Source: coinmarketcap

Axel Springer SE and SatoshiPay recently announced a partnership that will allow users to pay for digital content published by Axel Springer SE with cryptocurrency stored in the SatoshiPay wallet. SatoshiPay is a London startup founded in 2014 focused on developing solutions to provide frictionless micropayment solutions. Currently, the SatoshiPay platform is developed on Stellar’s blockchain.

The senior president of New Business at Axel Springer SE – Valentin Schöndienst added:

“Blockchain payments can significantly reduce transaction costs and thus enable new monetization systems for content. SatoshiPay offers a turnkey solution that allows us to instantly use blockchain technology and offer it to our customers”.

While on the other hand CEO and founder of Satoshi Pay – Meinhard Benn spoke very highly of Axel Springer noting out the excitement working with a partner who already recognises the potential of block-tech. He also took the opportunity to thank the Stellar Development Foundation team “which supports this cooperation with a seven-figure partnership grant.

Coinsquare, has recently acquired the StellarX decentralized exchange. The team at StellarX made the announcement via medium and stated that they will still continue with the roadmap outlined back in September of last year. Coinsquare also acquired BlockEQ late last year for $12 Million. StellarX will be led by BlockEQ’s co-founder, Megha Bambra,  and will continue to grow and enhance the Stellar ecosystem. – BlockEQ – private stellar wallet.

BAT – Via teaming-up with Tap Network which is a blockchain-concentrated advertising platform, the team behind the famous BAT cryptocoin made it possible for its owners to redeem on choice their tokens for rewards on over 250k brands with giants like Apple, Uber and Starbucks.

The Basic Attention Token, which transacts the token transfers via the Ethereum blockchain, made its debut in the cryptocurrency industry with the target of resolving present marketing and advertising issues with which individuals have to deal with in the particular industry. The above mentioned partnership was first announced during Mobile World Congress on February 2019 by Brendan Eich – CEO of Brave Software.

Waves – The teams at Wirex and Waves (WAVES) have worked together to integrate the digital asset on the popular crypto-debit card platform. Wirext also allows its users to buy, store and manage a variety of cryptocurrencies. WAVES joins the major digital assets of Bitcoin (BTC), Litecoin (LTC), XRP and Ethereum (ETH) on the Wirex platform.

[Wirex] provides extra liquidity for cryptocurrencies and gives investors the ability to convert and spend their crypto instantly with our Wirex Visa card. Investors who buy WAVES through our platform will know they are with a safe, agile, cost-effective service. In addition, our existing users will have another strong and popular token to add to their portfolios. – CEO of Wirex – Pavel Matveev

The post Stellar (XLM), Basic Attention Token (BAT) and Waves (Waves) Latest News Summary appeared first on Ethereum World News.

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Basic Attention Token (BAT) Continues Gaining Following Tap Network x Brave Partnership

Via teaming-up with Tap Network which is a blockchain-concentrated advertising platform, the team behind the famous BAT cryptocoin made it possible for its owners to redeem on choice their tokens for rewards on over 250k brands with giants like Apple, Uber and Starbucks.

The Basic Attention Token, which transacts the token transfers via the Ethereum blockchain, made its debut in the cryptocurrency industry with the target of resolving present marketing and advertising issues with which individuals have to deal with in the particular industry.

Source: BAT’s Page

Being in the market for a long time now and its latest spotlight-taking developments, the coin can not go unnoticed by many trader’s and investors’ radar for opportunities to jump in.

Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain. – basicattentiontoken.org

BAT has been designed to bring efficiency in the marketing and advertising industry. The digital token, BAT is exchangeable among publishers, advertisers as well as users. With the attempt to clear fraud, trackers and middlemen, the blockchain adoption in the marketing industry including similar projects to BAT which are being developed is rising on a higher scale day by day. Additionally, users experience constant rising mobile data expenses abuse where half of the data spend is on ads.

The aforementioned partnership was made-public during the Mobile World Congress on February 26th, 2019. CEO of Brave Software – Brendan Eich added:

“We’re excited to welcome TAP Network as a partner for our ad platform that’s built completely on privacy, and together, reward users for their attention while opening doors for brands that are looking to connect ethically with new audiences.”

Per time of writing, the pair BAT/USD is one of the only gaining in the cryptomarket and that with a double digit counting 10.60% increase in the last 24-hours only. With a market of $228.1 million Basic Attention Token is ranked 27th largest while its trading volume has reached $33.3 million in a day – 25% on Binance, 21% on UPbit and 11% on Bithumb.

BAT

Source: coinmarketcap

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Cardano (ADA), BAT, Stellar (XLM), ZCash and ZRX Continue to Gain Amidst Coinbase News

In a tweet just yesterday, popular American cryptocurrency exchange known as Coinbase, announced that it was exploring the possibilities of adding the following 5 cryptocurrencies on its platform:

  • Cardano (ADA)
  • Basic Attention Token (BAT)
  • Stellar (XLM)
  • ZCash (ZEC)
  • Ox (ZRX)

The team at Coinbase added that:

We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.

They also cautioned that the listing of the 5 new digital assets was not a guarantee:

Unlike the ongoing process of adding Ethereum Classic, which is technically very similar to Ethereum, these assets will require additional exploratory work and we cannot guarantee they will be listed for trading.

What then happened, is that each of this digital assets soared in the markets by the double digits. Crypto-traders loved the fact that Coinbase had even mentioned the possibility of adding new assets on the platform.

The screenshot below from CCN.com shows the performance of the digital assets right after the Coinbase announcement.

Market reaction after the Coinbase announcement. Source, CCN.com

Looking once again at the 5 digital assets, we find that Stellar (XLM) is up 6.17% and is trading at $0.198. Cardano (ADA) is trading at $0.136 and up 5.59% in the last 24 hours. ZCash (ZEC) is currently up 9.32% and trading at $172. Ox (ZRX) is showing impressive gains at 15.84% and trading at $0.95. Basic Attention Token (BAT) has not been left behind and is currently up 15.27% in the last 24 hours and trading at $0.30.

Current market performance. Source, coinmarketcap.com

The performance of these 5 digital assets has shown that the crypto-markets can still get exciting despite the bearish mood. The total market capitalization is currently at $247 Billion and Bitcoin (BTC) is trading at $6,233. However, many crypto traders are optimistic that the tide will change with the existing Bitcoin ETF filing by the CBOE still under review by the SEC. If the SEC approves the ETFs, the crypto-markets will once again be alive. South Korea has already given exchanges in the country, the go ahead to continue trading after meeting new regulatory requirements.

Disclaimer: This article is not meant to give financial advice. It is an opinion piece. The opinion herein should be taken as is. Please carry out your own research before investing in any of the numerous cryptocurrencies available.

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Underpaid YouTube Stars Can Now Earn Brave Browser Tokens

Users of the Brave Browser can now donate cryptocurrency, including the company’s Basic Attention Token (BAT), directly to YouTubers.

With today’s release of version 0.19.x, the ad-blocking browser built by Mozilla co-founder and Javascript creator Brendan Eich now allows automatic and anonymous cryptocurrency donations to individuals on YouTube, an expansion of its service which before now was limited to domain-level projects, such as websites like CoinDesk.

With Brave’s update, however, views of YouTube videos no longer count toward Google’s page views. Instead, the browser will start logging viewing time on behalf of the creators who made the content. Previously, the site only credited URLs specifically, so it couldn’t track individual accounts on the video-sharing platform.

But “YouTube was squarely in our sites from the beginning,” Eich told CoinDesk in a phone call.

In a blog post, the company wrote:

“Previously, YouTube creators could not be listed as individual publishers in Brave Payments. This change allows BAT contributions to flow directly into their wallets. The Brave browser determines the YouTube creator name from a YouTube video, no matter what site embeds it.”

There are approximately 243,000 Brave browser wallets that have been opened so far, allowing users to hold crypto funds, originally bitcoin, for later distribution to publishers and video creators. But in order to create a faster, less invasive internet browsing experience, Brave held a $35 million initial coin offering for its Basic Attention Token (BAT).

Within the new version, Brave’s wallets will hold either BAT token or bitcoin that can be used to donate to YouTubers, which could disseminate the cryptocurrencies to a wider user base.

The average funded wallet amount has roughly $45 worth of crypto in it, though this could be largely due to the growth in bitcoin’s value after users deposited funds in their wallets. Older Brave users automatically have bitcoin as their default currency, but the company is actively working to get users to update their browsers to a new version that automatically converts funds to BAT.

Potential appeal

But, YouTube is just the beginning. Basically, all video sites use the same protocol, OAuth, to verify that publishers are who they say they are. Brave will be able to tap into that as well, in order to make sure it pays the right people.

Once it knows that process is working for YouTube, it can roll the payments out to creators on other sites, for instance Vimeo.

“This is an induction exercise. We’re really trying to disintermediate the unfair and fraud-prone ecosystem,” Eich said.

Brave Payments page (Courtesy of Brave).

Should the system work, YouTube is likely an influential one to get right.

YouTube stars have incredible reach and influence with their followers. Many of them have been dissatisfied over the last year with automated demonetization of their videos.

While Brave blocks YouTube ads natively, it will give videomakers a way to continue to use YouTube and still earn money off their videos, whether YouTube thinks the content merits it or not.

And at the very least, if some popular YouTubers start talking about the system, it will educate a lot of young fans about cryptocurrency and ad-blocking.

“We hope they’ll promote Brave to their followers,” Eich said.

YouTube image via Shutterstock.

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at news@coindesk.com.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.