P2P Trust

​​Always keep an eye on the market with P2P Trust!

Dear friends, we have great news! Now you can follow the market changes directly from Telegram. To do this, you need to do just a couple of simple steps:

1️⃣ Log in to your P2P Trust account.
2️⃣ Go into your Settings, and select Notifications.
3️⃣ Check the boxes next to Telegram and Mail. If they are already checked, then you don't need to change anything.
4️⃣ Add @P2PTrustBot on Telegram.
5️⃣ In the chat with it, send the message "/start" without quotes, and you will receive a special code.
6️⃣ Paste it in the "Telegram User ID" field in the notification settings.
7️⃣ Insert a number in the "Notify if the order is below the market exchange rate by ...%" field. We recommend setting "1" so that you will be informed about the smallest changes in the market.
8️⃣ Click “Update”.

Done! These settings will allow you to learn from our bot about the most profitable deals on the P2P Trust exchange without leaving the Telegram app.

​​Ripple co-founder sold $ 375,000 worth of XRP tokens daily

Former technical director of blockchain startup Ripple Jed McCaleb, who is also the co-founder of Stellar, has been selling 1.74 million XRP tokens every day since the beginning of 2020. That is, approximately $ 375 thousand, if we count at the average price for this period. Over the last 7 months, the businessman has sold 630 million coins. At the same time, he still has at least 4 billion XRP remaining.

McCaleb has sold 266% more cryptocurrency every day this year compared to the past. The volume of assets sold by the co-founder of Ripple is insignificant when compared to the trading volume in the pair to XRP. But this does not mean that token sales do not put pressure on the price. On the contrary, McCaleb thus increases the supply of the asset in the market. That being said, there is no evidence that he is buying XRP back.

In early March, the head of Ripple, Brad Garlinghouse, said that the company would not have a profit and could not maintain a positive balance if it refused to sell XRP tokens. A startup depends on the sale of its coins as much as it relies on providing technology to other firms and other sources of funding.

​​For the first time in a year, the Bitcoin exchange rate rose above $11,000

On July 28, Bitcoin skyrocketed to $11,400. During the day, its rate increased by 7%, and after a decline in March to $3800 — by 200%. The last time the coin was traded at current values was in early August last year. The asset's trading volume increased by 45% to $35 billion in 24 hours. BTC's market share has risen to 63%.

Altcoins showed different dynamics. For example, The Ethereum cryptocurrency, which was more expensive than others, on Tuesday fell by 2%, to $318, the same value lost by the Cardano token. At the same time, the price of Litecoin, Bitcoin Cash and Bitcoin SV increased by 8-9%.

Out of the hundred leading cryptocurrencies by capitalization, THORChain showed the largest growth — 18%, Ampleforth fell by 22% more than others. The capitalization of the entire digital asset market has reached $322 billion.

​​Tesla shares vs Bitcoin: why is it more profitable to invest in cryptocurrency?

For the first time, shares of the electric car manufacturer were added to the exchange at a price of $19.2 in July 2010, in the same month, the first cryptocurrency appeared on the trading platform, then it cost about 8 cents. To date, both assets have significantly increased in price: Tesla shares are now trading at a price of $1,500, growth after listing — 7700%, and the value of Bitcoin over the same period has increased by 11 500 000% and now stands at $9200. We found out whether to buy shares of Tesla and BTC or not, as well as which of the assets has more potential.

The price of Tesla shares fell to the price mark of $350 in March, then moved into a growth phase and in July set a new historical high of $1790. Buying securities after such a growth is definitely not worth it, the US stock market ignores economic realities, because of this, it is possible to fall, at the same time, it is risky to play down the paper, it is better to stay away.

Despite the fact that in 2020, Bitcoin lost to Tesla shares in terms of profitability, it was at the top in 2017, in January the price of the coin began to grow from just above $1000 and by December it soared almost 20 times, to $20,000. Nevertheless, the exchange rate could not hold at this level and immediately began to decline, falling to $3,200 within 12 months. However, there is no obvious reason to play down the value of BTC since there are many positive factors that speak in favor of the development of the new industry and its recognition in the world.

The position of Tesla and Bitcoin is different and the latter has the potential for long-term growth. It can be provided by halving and the influx of new investors. Bitcoin has an important advantage over Tesla shares — you can not increase its issue, in the case of securities, the situation is the opposite, the company can conduct an additional issue to balance the cost of financing to the market level. Buying Tesla shares is now extremely risky, the company's securities are overvalued, and there is a risk of additional emission. Despite the fact that the first cryptocurrency this year lagged behind in terms of profitability, it looks more attractive for investment than Tesla at the moment.

​​Partnership agreement with Antares

Dear clients, we have great news: on July 22, 2020, we entered into a partnership agreement with the leading MLM distribution platform Antares. It professionally promotes companies and provides an opportunity to increase earnings for both ordinary people and global corporations.

Cooperation with Antares will allow P2P Trust to enter new markets, expand lucrative offers for fast and secure withdrawal and exchange of funds, and significantly increase the number of clients of our service.

Starting today, you can carry out transactions using the official website of P2P Trust and our partner's platform. We remind you that we work on the "peer to peer" basis, where each of the participants has equal rights. Our service also supports all popular payment methods, offers you the opportunity to trade with other people without intermediaries, and provides escrow services, thanks to which you can be 100% sure that the transaction is secure for both parties.

You can find more information about our new partner on Antares's official website: https://antares.trade/.

P2P Trust. People trust us.

​​Ethereum is undervalued and will eventually equal Bitcoin in capitalization

Bitcoin surpassed Ethereum in capitalization by 10 times in January. At that time, the amount of commissions generated in the network of the first cryptocurrency twice exceeded the same indicator for Altcoin.

To date, the situation has changed in favor of ETH. Now the excess capitalization of Bitcoin over Ethereum has been reduced to 6.3 times. At the same time, the amount of commissions in the BTC network has decreased in relation to Vitaliy Buterin's coin and is only 80%. However, the Altcoin exchange rate has increased by 37% more since the beginning of the year compared to the main digital asset.

The Ethereum exchange rate overcame the resistance against BTC. It is likely that the coin will continue to rise in price, and most other cryptocurrencies will follow it.

​​700 thousand hotels will start accepting Bitcoin for payment

Hotel booking service Travala announced the beginning of cooperation with the tour operator Expedia. 700,000 hotels from the Expedia catalog will start accepting Bitcoin and another 30 Altcoins for payment.

The number of hotels that work with the Travala service exceeded 2.7 million. Due to the consequences of COVID-19, the company's revenue fell by 170% in June, to $184 000. At the same time, 13% of all booking transactions were made on the project's internal token — AVA.

In May 2020, there was a merger between TravelByBit and Travala. It is expected that as a result of full integration, one of the world's largest Travel agencies will emerge, and its users will have access to almost 3 million hotels and 600 airlines.

​​What brings income to crypto investors: which Altcoins have lost Bitcoin

More than half of BTC holders will make a profit if they sell the coin at the current price, but this is not the best result. In this article we will tell you which cryptocurrencies were better for investments, and which will bring users only losses.

Bitcoin
BTC cost a little more than $7200 at the beginning of the year. Since then, the cryptocurrency exchange rate has increased by 25%, to the current level of $9000. During this period, the price rose twice to $10,400 and fell to $3,800. According to our analytical service, now 11% of the current issue of Bitcoin is in the hands of large investors. These include users who hold at least 0.1% of the BTC in circulation, which is about 18.4 thousand coins.

Ethereum
Ethereum started trading at $130 in 2020. Its rate set a local maximum just above $280 in February. Then the price of the coin began to decline, fell to $86, and now it is fixed at the level of $220. At the moment, 46% of Altcoin holders will make a profit if they sell it at its current value. 50% of investors in this case will record a loss, the remaining 4% of users bought Ethereum at the current values.

Litecoin
Litecoin cost $41 on January 1. At the moment, the exchange rate of the coin has not changed much, and now it is at the same level. The price of Altcoin has grown to $80 and fallen to $24 since the beginning of the year. Litecoin holders have one of the worst positions among the leading cryptocurrencies in terms of capitalization. Only 20% of investors bought the coin cheaper than the current level. 3% of users are in the "neutral zone", and 77% will receive a loss if they sell the inventory of the asset at the current price.

Link
One of the best coins for investment was Chainlink (Link), which ranks 13th in the rating of cryptocurrencies by capitalization. Asset cost $1.8 at the beginning of the year. It was established historical maximum at $4,96 in February. In March, the exchange rate fell to $1.7, but on June 24, it again approached record values. At the current cost of $4.4, 88% of Link token investors can lock in a profit. 7% of users bought a coin near the current values. The number of holders who will receive a loss if they sell cryptocurrency stocks now is about 5%. At the same time, most of the Link issue is in the hands of large investors, the concentration index has reached 80%. The correlation index with Bitcoin, on the contrary, is low-24%.

​​Why should I invest in tokens?

Security-tokens or digital representation of an irrefutable right to a physical share in an asset. A security token is a digital signature that emission platforms use to automate compliance and settlement of transactions with both parties.

So, there are 4 reasons why investors should pay attention to this type of alternative investment:

Regulated percentage of assets
Digitizing stocks makes them very divisible, it means that investors can purchase the percentage of symbolic assets they need.

Without intermediaries
Tokens have a simpler investment structure and lower commission fees. The project has documentation, transparency and a clear mechanism for interaction between the investor and the project.

Maximum liquidity
Transferring the investment process to the blockchain creates an environment with a low coefficient of friction: automatic transfer of ownership rights while maintaining compliance with requirements, reducing costs and complexity, and the ability to invest using fiat money or cryptocurrency.

Legal protection
There is a regulated legal framework for security-tokens, which allows you to seriously compete with IPO - they are cheaper and faster, have a broader base for raising funds, but at the same time provide a high level of legal protection for investors.

Digital securities can shape the future of investment and finance, democratize access to wealth, and break down barriers to higher-return investment.

​​Bitcoin is protection from an unstable economy

Steve Forbes, editor-in-chief of the business publication Forbes, called Bitcoin and other cryptocurrencies a protective tool against unstable economic policies of states.

Cryptocurrency becomes relevant when governments resort to giving out free loans and quantitative easing to restore the economy.

Forbes said the money was needed to simplify trade, not to control the economy. He attributed high price volatility to the current disadvantages of the cryptocurrency. He is sure that mass adoption of BTC is impossible without a fight with politicians and regulators — they will never allow cryptocurrencies to spread as widely as possible.

He added that Bitcoin needs to become "extremely simple" to outgrow the status of a crisis currency. We also need to develop tools to control volatility for the entire digital asset market.

Finally, Forbes remembered the digital currency Libra from Facebook and a hypothetical analog from Amazon. In his opinion, such projects are able to lead the cryptocurrency market. Last year Steve Forbes called Bitcoin a serious threat to governments. Earlier, he supported the Libra project and admitted that Facebook's digital currency could eclipse not only the US dollar but also Bitcoin.

​​A third of large institutional investors have invested in Bitcoin

Fidelity Investments conducted a survey of nearly 800 clients, including pension, digital and traditional hedge funds. The results indicate a gradual acceptance of the cryptocurrency: 36% of the 774 large institutional investors surveyed in the US and Europe own Bitcoin and other digital assets.

Over the past year, the share of institutional investors who invested in cryptocurrency has increased from 22% to 27% in the US. These include pension funds, digital and traditional hedge funds, investment consultants and other market participants. Among European institutional investors, this figure is higher — 45%. The results confirm the trend of growing interest and recognition of digital money as a new investment asset class.

The increased demand for cryptocurrency among European institutional investors is due to more loyal laws and the prevalence of negative interest rates. Market participants turn to Bitcoin when other assets do not bring income, but the growth of interest in the cryptocurrency is hindered by the volatility of its exchange rate. All of the above can be one of the reasons why the Bitcoin exchange rate can rise to $20,000 by the end of the year.

Have time to buy cryptocurrency at a favorable rate on the P2P Trust website, which supports all popular payment methods.

​​The authorities of Yunnan province have increased pressure on the cryptocurrency business

The authorities of Dehong-Dai-Kachin district and the Autonomous Prefecture of Jinpohu in Western Yunnan held a meeting in May, as a rusult of which 57 objects allegedly working in the field of Big Data, but actually engaged in Bitcoin mining without permission, received orders to close. The local authorities also demanded the removal of seven objects under construction.

Participants of the meeting recognized the usefulness of Bitcoin miners who consume excess electricity. However, the focus was also on the security risks associated with direct connection of miners to hydroelectric power plants, as well as the problem of tax evasion.

Authorities have begun checking power facilities throughout Yunnan and, according to experts, this is fraught with new restrictions for local miners. A number of farms, according to some reports, have already been left without electricity.

Some farms are already trying to sell equipment as soon as possible in order to go out of business. Some old-timers of the industry are sure that the pressure of the authorities will not put an end to the local mining industry, but it will increase the threshold for entering it and operating costs.

We will remind that the authorities have banned mining in the province Sichuan, which is famous for cheap electricity.

​​Factors foreshadowing the upcoming rise in the price of cryptocurrencies

The United States government has warned of the possible introduction of special measures against the PRC. Last time this led to the fact that Chinese investors have begun to actively use the cryptocurrency as a protective asset.

The price of cryptocurrencies may start to grow due to the weakening of the Chinese yuan. The reason for the weakening of the currency last year was the sanctions imposed by the United States against China. If we rely on the statements of the United States government, the situation may be repeated in the current situation. When the digital currency became more expensive, the national currency became cheaper. Therefore, if the yuan rate continues to fall, the price of cryptocurrencies is likely to rise.

Besides, the cryptocurrency may become more expensive due to the fact that it will be used to circumvent economic sanctions imposed by the United States. This practice has been observed in other countries, such as Venezuela or Iran. Their residents bought digital assets to circumvent bans on international banking operations, as well as to protect against high inflation.

Have time to buy cryptocurrency at a favorable rate on the P2P Trust website. The platform supports all popular payment methods and provides a secure environment for traders to interact and protect their assets.

​​Bitcoin will rise to $ 75,000, a forecast from Kiyosaki

In the next three years, the price of Bitcoin will reach $ 75,000, according to the author of the bestselling book "Rich dad, poor dad" Robert Kiyosaki. He said he increased investments in gold, silver, and Bitcoin because the US authorities intend to inject trillions of dollars into saving pension plans.

The economy is dying. The Fed is incompetent. Then an infusion of trillions of dollars in retirement. Hope disappears. I bought more gold, silver, and bitcoin. The price of gold is $ 1700, the forecast for the year is $ 3000. Silver costs $ 17. The forecast for five years is $ 40. The current BTC rate is $ 9800. The forecast for three years is $ 75,000. Pray for the best, get ready for the worst, Kiyosaki wrote.

We are talking about the bill on a new stimulus package for the economy of $ 3 trillion, which was so far passed only by the US House of Representatives.

In early April, he said that the US dollar is losing its value as the US prints the currency to support the economy amid the crisis. The businessman stressed that to save capital, it is necessary to invest in precious metals and Bitcoin since their emission is limited.

Stay up to date with all the latest news from the cryptocurrency world with P2P Trust.

​​Ethereum will help you cope with the crisis

The Ethereum founder noted that the new crisis will be only partially financial. One of the main difficulties that looms is the discord between governments and nations. Blockchain technology can help you overcome these barriers.

"I am confident that blockchain and Ethereum in particular will play the role of a global neutral player, ensuring the interaction of systems, currencies and applications. I believe that the tools created by governments will not cope with this role, " said the creator of Altcoin Vitaly Buterin.

He noted that the current crisis could make the blockchain more popular for solving problems of a financial nature. For example, the technology can be applied to issues related to censorship and data privacy violations. The current situation is similar to the 2008 financial crisis. Buterin believes that the situation in the markets can become an incentive for a sharp increase in prices in the cryptocurrency market.

We would like to inform you at the end of April, we launched Ethereum 2.0 Beacon — a test version of the new network, which is based on the Proof-of-Stake (POS) algorithm. The test version should run for at least two months before launching the main network, but it is already popular.

​​BTC has risen by 140% since mid-March.

Bitcoin rose to $9200. During the day, its price increased by 18%, and after a decline in March to $3800 — by 140%. The asset's trading volume increased by 90% and reached $64 billion within 24 hours. The share of BTC in the cryptocurrency market is 65.3%.

Along with Bitcoin, Altcoins also rose in price. Ethereum is now worth $224. During the day, its rate rose by 13%, and compared with the March minimum of $ 86 — by 160%. The price of the XRP token has increased to $0.234. Over the past 24 hours, it has increased by 8.7%, and for a month and a half — by 130%.

Streamr DATAcoin showed the greatest growth by capitalization out of the first hundred cryptocurrencies . During the day, its rate increased by 57%, to $0.076. In this list, 99 out of 100 coins are in the "green zone", only Komodo has fallen in price — by 3.4%.
The cryptocurrency market capitalization reached $226 billion. It fell to $120 billion in March, its growth since then was 88%. Meanwhile, there are 9 days left before the main event in the Bitcoin network this year — halving. According to the counter data bitcoinblockhalf.com the reduction of the reward for mining BTC will occur at midnight on May 13.

On April 24, the economist and General Director of Real Vision Raul Pal predicted that Bitcoin will rise in price to $1 million within 5 years and become the future of the financial system. The entrepreneur is sure that the value of gold over the same period will increase by 5 times, and its capitalization will be up to $15 trillion.

​​Argentines started buying Bitcoin

Residents of Argentina are converting record amounts of the national currency to Bitcoin, according to the analytical company Arcane Research. Researchers found that the trading volume of the first cryptocurrency paired with the Argentine peso has increased by more than 1000% since January 2018.

This is happening against the background of the deteriorating economic situation in the country. The local currency is experiencing hyperinflation, and the state is on the verge of default. On April 22, the Argentine authorities did not transfer the payment of $500 million in foreign debt. The situation is making worse by the coronavirus pandemic, which has resulted in a 5.7% drop in GDP in 2020, according to IMF forecasts.

Inflation is not the only reason for the growth of trading on the Argentine LocalBitcoins. When converted to Bitcoins over the same period, the value increased by 407% and by 139% in US dollars. Analysts at Arcane Research stressed that this data confirms the real growth of the indicator.

In October, in Argentina, the Bitcoin exchange rate on the local LocalBitcoins exceeded $12,000, while the average market rate was about $9,000. This happened against the background of restrictions on the purchase of the US dollar. The country had a limit on the purchase of US currency of $200 for two months, whereas before it was $10,000.

​​How will crypto technologies help overcome the epidemic?

Cryptocurrency companies are raising funds to help victims of the pandemic, and many major developers have suspended work on current projects and started new ones that can help fight the spread of the virus.

Italy, the Netherlands, the United States, Latin American countries and other states are making various efforts to reduce the number of cases by using all measures, including blockchain technology.

The fight against fakes
The Italian news Agency Agenzia Nazionale Stampa Associata (ANSA), together with a member of the big four audit firm “Ernst & Young”, developed and implemented the ANSAcheck blockchain, which allows detecting fake news about coronavirus. The distributed registry uses the EY OpsChain solution, which is based on the Ethereum platform.

Coordination of authorities' actions
The Canadian company Emerge has proposed using the blockchain application Civitas to fight the coronavirus epidemic in Latin America. The local authorities will be able to make decisions faster and offer specific actions to their citizens with the help of the distributed registry.

Prediction of epidemiological trends
In late March, the World Health Organization (WHO) and technology giants such as IBM and Oracle launched a blockchain platform to fight coronavirus. The MiPasa system should help in the search for asymptomatic carriers of COVID-19, dangerous points of virus spread, and facilitate the exchange of information about the epidemic.

Tracking of COVID-19 distribution statistics
The data aggregator Messari has created a tracker that allows you to collect up-to- date information about the spread of the virus in the United States --- COVID-19 Tracker. In addition, there are similar blockchain services such as a Corona Virus Map.
Identification of the location of the patient and the circle of his contacts
Several companies have started developing blockchain platforms that allow you to track people's contacts with infected people, while maintaining their privacy.

Charity projects
A major exchange Binance has organized the "Crypto Against COVID" campaign, which raises funds for the purchase of protective equipment for medical personnel and medicines for infected people in China, Italy, Germany and the United States. Funds are collected in cryptocurrency, and anyone can transfer money.

​​Is now a good time to invest in cryptocurrencies?

The price of Bitcoin fell to $6720 and pulled Altcoins: the capitalization of the digital money market again fell below $200 billion. Will the fall continue or is the current moment the best time to invest?

On Monday, April 13, the Bitcoin exchange rate again fell below the $7000 level. Over the past two weeks the cryptocurrency has tried to gain a foothold above this zone several times, but without success. At the moment, the asset is worth $6720, over the past day it has fallen by 2%. All the top 25 Altcoins by capitalization were affected, except Binance Coin and Chainlink. They rose by 5% and 3%, respectively.

The decline in the crypto market has been going on for three days, but it is still unclear whether it is due to fundamental factors or a small correction after the local highs in the middle of the week.

Another likely reason for the slowdown is the settlement of the situation in the oil market and, as a result, the growth of stock indexes. Many people started to convert their capital back into shares.

However, the overall trend remains positive, and the decline will not last long, as the devaluation of the dollar contributes to the growth of interest in cryptocurrencies.
In the near future the cost of crypto assets may decrease by another 5-10%, this decrease can be considered as an opportunity to buy cryptocurrency since there are no problems in the market or fundamental reasons for another collapse yet.

Tips and risks
You can pay attention to coins from the top 10 capitalization such as Ethereum, XRP, Litecoin, EOS and Binance Coin.

The current moment may be the most successful for investing in cryptocurrencies. It is possible that the market will fall even lower in the coming days, but the situation may stabilize. It is impossible to wait for the bottom of the market. When all investors feel confident, the moment will have already been lost. It is necessary to invest when there is still uncertainty in the market.

No one can guarantee that their value will rise or fall. However, at the moment, you can buy many popular cryptocurrencies at a good price.

​​Which currency is not affected by crises and viruses?

While the digital world was watching the top coins falling in prices amid drop in oil prices and spread of the pandemic, some unknown tokens, including fake assets, were gaining
momentum.

Contentos
In early March the value of tokens saw increase by 330%. Coin's capitalization rose from $ 15 million to $ 68 million, which moved it to the top 72 cryptocurrencies in the world. Altcoin's price was influenced by listing of the South Korean exchange Bithumb. However the coin failed to maintain its position and relapsed to the previous price.

Quant and Energi
Starting from March 13, Quant rises in price slowly but steadily — asset's price started from $1,36 and reached $4,20 by early April. At the same time, the Energi token also began to rise in value. In mid-March, its price was set at $ 0.84, and by the end of the month it amounted to $ 2.17.

STEEM
On March 19, after the asset's value had increased by 200% in 24 hours, the cryptocurrency ranked 37 in the list of the most important digital currencies, with its capitalization reaching $187 million. Altcoin's 3-fold rise in price was triggered by news about the hardfork Hive. After the update was completed, the price of the token fell to its usual levels.

EDC Blockchain
This poorely known currency saw value increase without any significant reasons. On March 25, in less than an hour and a half the token rose by 1600% from $0,0015 до $0,0255, then its rate partly adjusted.

Metal
This token made traders' day by stable growth, in contrast to other Altcoins. On March 30, at the Binance exchange, the rate of the coin rose by 50%, and the asset went up by 380% from a minimum of March 13. With rate strengthening, asset trading increased by 231%, up to $53 million. The growth began after the Binance exchange announced a new XPR coin airdrop — the ticker is similar to Ripple's XRP, but it is a different cryptocurrency.

Tachyon Protocol
It has entered the market this January. In early March, the price of the token amounted to $ 0.05, in 20 days its price doubled despite the negative news background, but then the asset rate started to decline.

Remember that leaps in price of unknown tokens may indicate the Pump & Dump scheme. Mountebanks start "pumping", telling investors through their channels that this currency is soon to grow on a particular exchange. Investors begin to buy this coin, triggering a large flow of funds, and so its rate skyrockets. At this point, the mountebanks sell the asset at an inflated price, a “dump” occurs, and its value collapses.