What is Helium Mining?

Helium mining is the process of providing wireless coverage for the Helium Network, a decentralized network designed to support Internet of Things (IoT) devices. Participants, known as helium miners, deploy helium mining hotspots to contribute to the network’s coverage and are rewarded with tokens. Helium is “a global, distributed network of Hotspots that create public, long-range wireless coverage for LoRaWAN-enabled IoT devices and cellular devices”.

The Helium Network and Helium Mining Hotspots

Launch Date: 2019

Mission: To create a decentralized, open-source, accessible, and secure wireless network.

Coverage: Helium miners have deployed almost one million Hotspots in over 77,000 towns and cities across 192 countries.

Helium Mining Hotspots: Devices like the bobcat miner, linxdot, rak miner, and nebra helium miner are popular helium hotspot miners used to mine HNT tokens.

How to Mine Helium (HNT)

1. Choose a Helium Miner (Hotspot)

Full Hotspots: Capable of receiving all rewards for participation, including proof-of-coverage activities.

Light Hotspots: Software-based hotspots that perform similar functions to full hotspots.

Data-Only Hotspots: Focus on transferring data and receive rewards only for data transfer.

Helium 5G Hotspot: For mining MOBILE tokens, you’ll need a Helium 5G Hotspot and compatible CBRS Small Cell Radio.

Since the Helium community approved HIP 19, users can buy devices provided by third-party manufacturers and vendors which producing and supplying “hotspots that mine Helium tokens for providing wireless connectivity.” Typical venders include Atom, Bobcat, Atom, ClodPi, COTX Networks, Dragino, FreedomFi, Nebra, among others.

Connect the Helium Console and Wallet:

2. Helium Console: Manages the data transfer from IoT devices to the Helium Network.

Helium Wallet: Accumulates the HNT tokens that you receive. Wallet options include the Helium Hotspot App, Command Line Interface wallet, and Helium ledger wallet.

3. Physical Installation of the Device:

Connect the Antenna: Ensure that the antenna is connected to the antenna port.

Power Up and Connect: Turn on your hotspot and connect it via your phone using Bluetooth.

Register the Hotspot: Follow the instructions in the Helium app to register the hotspot.

Wait for Syncing: Allow one or two days for the information to complete syncing before you can start mining HNT.

4. Optimize Your Helium Miner:

Height: Mount your antennas higher to improve mining performance.

Antenna: Choose the right gain and shielding for your antenna.

Proximity: Consider the distance from other hotspots to avoid competition or isolation.

5. Earn HNT Tokens:

Transferring Data: Earn HNT through transferring data to other devices in the network.

Proof of Coverage (PoC): Participate in PoC challenges to prove the quality of the coverage.

5G Mining (MOBILE Tokens): By setting up a Helium 5G Hotspot, you can earn MOBILE tokens for providing Helium 5G coverage.

Tokens and Economics in Helium Mining

HNT Token: The native token of the Helium Network, mined by HNT miners or HNT token miners.

Data Credits (DCs): Used to pay for data transfer, network-related fees, and data transfer on IoT and Mobile networks.

IoT Token: A token associated with the Helium IoT Network.

Mobile Token: A token associated with the Helium Mobile Network.

SOL Token: Used for transaction fees on the network after migration to Solana blockchain.

Migration to Solana (SOL) Blockchain

Date of Migration Completion: April 19, 2023

Reason for Migration: Enhancing scalability, expansion, and reliability for helium miners.

Community Involvement: The Helium community voted for the migration.

Benefits for Helium Miners and Users: Smart contract functionality, new feature possibilities, lower costs, access to DeFi, network efficiency, SPL compatibility.

Impact on Tokens and Helium Mining Hotspots: Changes to HNT mining, governance, and foundation funding.

Integration with Existing Solana Programs: New tools, services, and features for the Helium Network.

Roaming Integration and Helium Hotspot Miners

Extended Coverage: Helium hotspots communicate with other networks, extending reach and connectivity.

Interoperability with Other Networks: Interaction with other LoRaWAN networks through roaming agreements.

Enhanced Functionality for IoT Devices: Continuous connectivity for IoT devices across different network coverage areas.

Economic and Strategic Benefits: Expansion of coverage without significant investment in new infrastructure.

User Perspective: Seamless experience as devices move between different network coverage areas.

Reason for Roaming Integration: The explosive growth of the Helium Network has led to the creation of roaming integration, enabling the network to offer both public and private LoRaWAN networks access to its coverage. This integration allows for faster deployment of applications in more markets at a lower cost and with less hassle, contributing to the network’s expansion and accessibility.

Enterprise Solutions and Helium Mining

Helium offers carrier-class multi-provider and multi-band IoT networks for various sectors, including cities, industries, ports, ships, and seas.

Helium Mining Hotspots: Devices such as the bobcat miner are instrumental in building these networks.

Summary

Helium mining, through the deployment of helium mining hotspots like the bobcat miner, linxdot, rak miner, and nebra helium miner, has created a decentralized wireless network that supports IoT devices. The process of mining involves purchasing and setting up specialized hardware, providing network coverage, earning rewards, and staying informed about network developments and opportunities.

Roaming integration is a significant aspect of the Helium Network, enhancing its reach, functionality, and value, facilitated by helium hotspot miners. The migration to the Solana blockchain has been a pivotal moment, enhancing the network’s scalability, efficiency, and utility. With its innovative approach, Helium continues to redefine wireless connectivity, making it accessible and secure for all.

The Helium Network’s growth and the continued development of helium miners and helium mining hotspots position it as a leading force in decentralized wireless technology.

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Binance Clarifies Users Assets Safe on Accounting System Vulnerability Incident

Binance clarified on Sunday, September 18, that the “Binance Accounting System Vulnerability” incident previously stated by the Helium Foundation occurred on Binance.US, and Binance.com found no related problems, emphasising that user assets are safe.

The Helium Foundation said a bug found in Binance’s accounting system led to the misidentification of Helium Network’s MOBILE tokens for higher-value HNT, with users mistakenly receiving around $20 million worth of HNT tokens.

At the time of writing, Binance.US officials have not yet made any official response to the incident.

Arman Dezfuli-Arjomandi, a podcast host focusing on the Helium ecology, criticised Binance.US for actively maintaining communication with customers, opening up the transparency of relevant information as soon as possible, and announcing relevant compensation plans. exist

The podcaster revealed in a post on his official Twitter that: “Due to a bug in the exchange system, each deposited MOBILE token gets 1 HNT (1 MOBILE is only worth <0.001 HNT). The attackers dumped HNT tokens that did not belong to them into the market, causing huge downward pressure on the price.”

Founded in 2013, the Helium Network’s ever-expanding network of hotspots enables anyone to own and operate a wireless network of low-power Internet of Things (IoT) devices, while customers can build and participate by using a cryptographic token called the HNT award network for profit.

The HNT native token is a reward paid by Helium to hotspot hosts, while the MOBILE tokust launched last month, is a reward paid to Helium 5G hotspot infrastructure operators. Currently, there is a lack of liquidity in the market for MOBILE tokens.

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Binance Clarifies Users Assets Safe on Accounting System Vulnerability Incident

Binance clarified on Sunday, September 18, that the “Binance Accounting System Vulnerability” incident previously stated by the Helium Foundation occurred on Binance.US, and Binance.com found no related problems, emphasising that user assets are safe.

The Helium Foundation said a bug found in Binance’s accounting system led to the misidentification of Helium Network’s MOBILE tokens for higher-value HNT, with users mistakenly receiving around $20 million worth of HNT tokens.

At the time of writing, Binance.US officials have not yet made any official response to the incident.

Arman Dezfuli-Arjomandi, a podcast host focusing on the Helium ecology, criticised Binance.US for actively maintaining communication with customers, opening up the transparency of relevant information as soon as possible, and announcing relevant compensation plans. exist

The podcaster revealed in a post on his official Twitter that: “Due to a bug in the exchange system, each deposited MOBILE token gets 1 HNT (1 MOBILE is only worth <0.001 HNT). The attackers dumped HNT tokens that did not belong to them into the market, causing huge downward pressure on the price.”

Founded in 2013, the Helium Network’s ever-expanding network of hotspots enables anyone to own and operate a wireless network of low-power Internet of Things (IoT) devices, while customers can build and participate by using a cryptographic token called the HNT award network for profit.

The HNT native token is a reward paid by Helium to hotspot hosts, while the MOBILE tokust launched last month, is a reward paid to Helium 5G hotspot infrastructure operators. Currently, there is a lack of liquidity in the market for MOBILE tokens.

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Binance Clarifies Accounting System Vulnerability Happened to Binance.US

Binance clarified on Sunday, September 18, that the “Binance Accounting System Vulnerability” incident previously stated by the Helium Foundation occurred on Binance.US, and Binance.com found no related problems, emphasising that user assets are safe.

The Helium Foundation said a bug found in Binance’s accounting system led to the misidentification of Helium Network’s MOBILE tokens for higher-value HNT, with users mistakenly receiving around $20 million worth of HNT tokens.

At the time of writing, Binance.US officials have not yet made any official response to the incident.

Arman Dezfuli-Arjomandi, a podcast host focusing on the Helium ecology, criticised Binance.US for actively maintaining communication with customers, opening up the transparency of relevant information as soon as possible, and announcing relevant compensation plans. exist

The podcaster revealed in a post on his official Twitter that: “Due to a bug in the exchange system, each deposited MOBILE token gets 1 HNT (1 MOBILE is only worth <0.001 HNT). The attackers dumped HNT tokens that did not belong to them into the market, causing huge downward pressure on the price.”

Founded in 2013, the Helium Network’s ever-expanding network of hotspots enables anyone to own and operate a wireless network of low-power Internet of Things (IoT) devices, while customers can build and participate by using a cryptographic token called the HNT award network for profit.

The HNT native token is a reward paid by Helium to hotspot hosts, while the MOBILE tokust launched last month, is a reward paid to Helium 5G hotspot infrastructure operators. Currently, there is a lack of liquidity in the market for MOBILE tokens.

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Binance Accounting Vulnerability Led to Uneven Distribution of About $20M HNT

The Helium Foundation says a bug in Binance’s accounting system caused users to mistakenly receive around $20 million worth of HNT tokens.

Binance discovered an accounting error last night that caused Helium’s MOBILE token to be mistaken for HNT and allowed users to send MOBILE balances to HNT wallets, which were then sold to the market.

The Helium Foundation said that around 4,829,043 MOBILE tokens were exploited by a bug in Binance’s accounting system, and the bug was not a blockchain issue and was isolated from the exchange.

Founded in 2013, Helium network is the world’s first peer-to-peer LoRaWAN wireless Internet of Things, also known as “People’s Network”.

The Helium Foundation has warned Binance and said:

“We advise token holders to suspend HNT and MOBILE deposits on Binance until a comprehensive situation update is provided,”

Helium is changing the way we connect and extend the world’s wireless networks. Helium’s ever-expanding network of hotspots enables anyone to own and operate a wireless network for low-power Internet of Things (IoT) devices, while customers can earn by setting up and participating in the network using a cryptographic token called HNT award.

Last August The Helium network, supported by Andreessen Horowitz, raised $111 million through the sale of its native token (HNT).

Earlier this month, Decentralized peer-to-peer (P2P) 5G wireless network Helium is proposing to migrate its own network, officially known as HIP 70, to Solana in search of more efficient operations.

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Shark Tank Investor Kevin O’Leary Says Solana (SOL), Polygon (MATIC) and Hedera (HBAR) Have ‘Large’ Potential

Shark Tank star and billionaire investor Kevin O’Leary sees several leading altcoins that he believes have the potential to add problem-solving value as the blockchain world expands and evolves.

In an interview with Anthony Pompliano on The Best Business Show, O’Leary says cryptocurrencies should be viewed as functional “software” rather than simply alternate forms of money.

When it comes to determining which blockchain projects to pursue, the investor says he relies on the same process of vetting teams and vision as with traditional software companies. He cites his hands-on approach with layer-2 scaling solution Polygon (MATIC) as a real-world example of the strategy.

“I’ve seen this movie before. I was an investor in software engineers twenty-two years ago at the Learning Company when we made educational software.

The way I used to do it then is the way I’m doing it now…

If I want to invest in Polygon, I want to meet the engineering team, which I did in Dubai. I met the team, heard the vision of what they’re doing, looked at the economic reality at the outcome, the potential of it.

First is team. If I check the box on team – smart guys, good engineers, good strategy, good group – I’m interested.”

O’Leary says that beyond the initial concept, he wants to see the potential for a positive economic impact as well.

“Here’s the second test. What economic value are they creating?

In the case of Polygon, aggregating transactions to reduce gas fees on Ethereum is a smart idea.

You have an economic reason to pursue that. You save money. Transaction fees are less. I think the potential of that is large.”

The Shark Tank personality next mentions enterprise-grade public network Hedera (HBAR), which is tailored for security and regulatory compliance.

“Great team, good engineers. What’s the economic premise that would keep that growing?

Boeing wants a quasi-centralized/decentralized platform, they want the best of both worlds.

HBAR can deliver that, check the box there.”

Lastly, the billionaire mentions smart contract platform Solana (SOL) as a project seeking unique solutions.

“They’re trying to solve problems a different way to speed everything up.

Check the box. Who’s working on that? [FTX exchange head] Sam Bankman-Fried and his team. Why wouldn’t you bet that horse?”

O’Leary concludes his remarks by reiterating the importance of conceptually looking at cryptocurrencies differently.

“They’re software platforms. I say to institutions, ‘You criticize me for investing in Bitcoin? You own a big position in Microsoft [and] a five-percent weighting in Yahoo. What is that? That’s software.

‘Why don’t you do the same thing in Bitcoin? Why aren’t you in Ethereum? Why aren’t you in HBAR and Polygon? Why aren’t you in Serum? Why aren’t you in Helium?’

With that attitude, it’s hard to say I’ll only invest in publicly traded software companies. One day crypto and all these software platforms are going to be the 12th sector of the S&P.”

Bitcoin (BTC) and Ethereum (ETH) are perhaps the most well-known cryptocurrencies. Serum (SRM) is a trustless decentralized finance protocol, while Helium (HNT) is an Internet-of-Things open-source public blockchain.

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These Crypto Assets Have 10X Potential in 2022, According to Altcoin Daily

Crypto analyst and host of Altcoin Daily Austin Arnold is laying out his top crypto picks as the markets try to shake off a sluggish start to the year.

In a new video, the closely followed trader tells his 1.19 million subscribers that he remains interested in Bitcoin (BTC) as an asset despite the massive selloff which the top crypto has undergone since hitting an all-time high above $69,000 in November.

“People are buying the dip from every exchange. Bitcoin is leaving exchanges.

Miners are not selling their Bitcoin, they’re holding onto it.”

At time of writing, Bitcoin is down 2.02% to $42,613.

Next on Arnold’s list is the leading smart contract platform Ethereum (ETH), noting that,

“Ethereum has its own supply shock going on.

Ethereum 2.0 deposit contract has surpassed $30 billion in value. Once [holders] put their ETH in the deposit contract, they can’t take it out again until it is fully transitioned.”

Ethereum is down 2.17% on the day and trading for $3,259.

The show host has his eye on decentralized finance protocol Uniswap (UNI), which recently deployed on fellow layer-2 protocol Polygon (MATIC).

“2022 might be the year of layer-2s.”

Uniswap is valued at $15.61 while Polygon is trading for $2.26.

Another layer-2 the Altcoin Daily host is keen on is Immutable X (IMX), a scaling solution for non-fungible tokens (NFTs) that aims to enable near-instant, zero gas fee transactions.

The altcoin is down 3.24% on the day and priced at $3.55.

Next on Arnold’s list is the open-source platform Tezos (XTZ), which has been racking up corporate partnerships lately. The latest milestone sees apparel giant The Gap releasing NFT collectibles based on the Tezos platform.

“Tezos is certainly an altcoin to watch doing big things.”

Tezos is also down slightly today to $4.18.

Looking at the Internet of Things space, the Altcoin Daily host highlights open-source public blockchain Helium Network (HNT), which recently surpassed the 450,000 hotspot milestone.

Arnold says of Helium,

It is a quality [venture capital]-backed project.”

The altcoin is currently priced at $32.59, down 7.23% on the day.

Enterprise-grade scalable blockchain platform Elrond (EGLD) also makes the list of crypto assets to watch after acquiring Web3 payments provider UTRUST (UTK), which in turn integrated EGLD as a form of payment.

Big win for EGLD.”

Elrond continues the overall daily downtrend and is off by 6.57% to $196.72.

Last on the Altcoin Daily docket is decentralized exchange platform dYdX (DYDX), which the host notes is aiming to achieve full decentralization by the end of this year.

Currently, dYdX is up 2.38% and changing hands for $7.81.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Coin Bureau Buys Two Ethereum Challengers, Unveils 2022 Crypto Strategy and Updated Portfolio

The host of the popular crypto outlet Coin Bureau is detailing his 2022 crypto strategy and says he bought during the market-wide dip this month.

In a new video to his 1.78 million YouTube subscribers, pseudonymous trader Guy says that he went in on Ethereum (ETH) competitors Polygon (MATIC) and Fantom (FTM), king crypto Bitcoin (BTC), altcoin Cosmos Network (ATOM), and ETH itself during the latest crypto market pullback.

“The crypto market basically collapsed [in December], so I did what any rational person would do in such a situation: I bought the dip. I leaned into BTC, ETH, MATIC, FTM, and ATOM.”

Guy says that his round of purchases pushed Cosmos Network up to be 4.5% of his overall portfolio.

“If you’re wondering why that’s simply because ATOM is the interoperability hub for cryptocurrency and some of the largest cryptocurrency blockchains were built using the Cosmos SDK (Software Development Kit).”

ATOM is exchanging hands at $28.21 as of writing, a 25.5% decrease from its seven-day low of $20.95.

Guy then further reveals his portfolio, saying that its comprised 31% of ETH, 21.5% of BTC, 13% of smart contract platform Solana (SOL), 9% of interoperable blockchain Polkadot (DOT), 3% of decentralized network for the Internet of Things devices Helium (HNT), and 3% of gold-backed cryptocurrency PAX Gold (PAXG).

The host then says his trading strategy for 2022 is to start accumulating cryptocurrencies that provide infrastructure for non-fungible tokens (NFTs) other than smart contract platforms such as Ethereum for two key reasons.

“My plan in 2022 is to start picking up crypto projects that provide the infrastructure for NFTs and their related niches beyond smart contract cryptocurrency blockchains like ETH and this is for two reasons.

“First, I truly believe that NFTs will play a critical role in the future of cryptocurrency, especially when it comes to things like decentralized digital IDs…

The second reason as to why I’m planning on picking up NFT coins and tokens has to do with regulations. As I mentioned [before], the FATF (Financial Action Task Force) finalized crypto recommendations [and] it does not recognize NTFs as digital assets which means that all the draconian and dystopian stuff that FATF wants countries to enforce doesn’t apply to NFTs.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Billionaire Chamath Palihapitiya Issues Warning to Investors, Analyzes Economic Value of Solana and Two Altcoins

Billionaire investor Chamath Palihapitiya says investors would be reckless to ignore what two of the richest people in the world are doing with their own portfolios.

In a new episode of The All-In Podcast, the CEO of venture capital firm Social Capital thinks people should be aware that big names like Elon Musk and Jeff Bezos are selling shares of their companies.

Says Palihapitiya,

We have the stock market at absolute all-time highs, we have crypto at absolute all-time highs, we have the art markets… at absolute all-time highs. We have inflation at a 30-year high. We have 10-year break-evens at a 25-year high. We have one-point some-odd trillions of dollars that we just approved last week [in Congress], and we are still horse-trading on another $1.8 trillion dollars of stimulus…

The two most important founders of our generation, the two smartest people who have really consistently won, Elon Musk and Jeff Bezos, have collectively sold more than $11 billion of their holdings this year alone…

If the smartest people in the world are now selling their core holdings that they told you they would never sell, and you are not reconsidering your position on things, you’re either much smarter than them or you’re being really, really reckless.”

Moving on to crypto, Palihapitiya thinks would-be investors need to consider functionality and use-case value before investing their money into projects.

The CEO says,

“The writing is on the wall, which is Bitcoin is gold, Ethereum looks like it’s trending to be silver, and Solana could be the first – but there will be others that come after it – of real developer ecosystems that can be built on top of it.”

Palihapitiya references wireless gateway blockchain project Helium (HNT) and distributed GPU project Render Token (RNDR).

“Helium is an interesting project that’s trying to build a completely decentralized 5G infrastructure. Render is… trying to build a completely decentralized graphical processing structure, GPUs essentially. In both of those things, you can quantifiably economically measure what the value is that people get.

In the case of Render, you’re basically displacing an AWS [Amazon Web Services] instance. That has a price and a value. For Render to be valuable, there’s an economic value that it replaces. If you’re joining a Hotspot, that has an economic value where you hadn’t necessarily had to pay to get internet connectivity, if you all of a sudden were on the Helium network. That displaces a measurable economic quantum.

Understanding that and taking the absolute value of that is the best way of understanding which projects have potential… where is there developer interest and where is there measurable economic activity? At the intersection of those is where the really compelling projects come in.”

At time of writing, SOL is priced at $224.97, HNT at $45.81, and RNDR at $4.12.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Crypto Trader Aaron Arnold Bullish on Several Altcoin Projects, Predicts Continued Dominance for Bitcoin and Ethereum

Altcoin Daily host Aaron Arnold is explaining why he sees big potential for several mid-cap altcoins while predicting continued success for Bitcoin (BTC) and Ethereum (ETH).

In his latest YouTube video, Arnold tells his 1.11 million subscribers that he expects the decentralized wireless platform Helium (HNT) to continue rising.

“This project is very heavily VC [venture capital] backed, but in my opinion they have a lot of quality VCs and they are doing real things.

Token scarcity is built into Helium token economics. As the number of Hotspots increases and as halvings occur every two years, the average HNT burned per day by Hotspots naturally decreases.”

Helium is a blockchain with operational nodes known as Hotspots, a combination wireless gateway and mining device. HNT is currently trading at $52.88.

Recent news about Elrond Network (EGLD) has the Altcoin Daily co-host excited about the high-speed transactional blockchain.

“Elrond Network is bridging to this bluechip centralized stablecoin [Coinbase’s USDC]. 

And this just speaks to what we see from Elrond on a weekly or monthly basis. Their amount of building, partnerships, bridging, updates, everything like that cannot be ignored.

10 million transactions, 888,000 accounts, 3,200 validators.”

Arnold is reacting to the news of the US Dollar Coin (USDC) stablecoin going live on the Elrond platform. EGLD is up 21.6% over the last 14 days, trading at $311.85 at time of writing.

The widely followed crypto trader is also predicting a big future for decentralized finance (DeFi) platform Aave (AAVE) after a recent unanimous vote within the community to upgrade the platform to V3 (version 3).

“[Aave] is a blue chip in the lending and borrowing decentralized finance space. They’re just about to go through a major upgrade.

If this goes off without a hitch, we’re going to see some major upgrades, and this is going to be good for Aave.

Version three is very sexy once you begin to understand it. Basically, you can borrow and lend on different chains.”

Despite the upgrade, AAVE is down 8% over the last seven days, currently exchanging hands at $306.28.

Next, the Altcoin Daily co-host can’t help but discuss the two biggest players in the crypto space: Bitcoin and Ethereum. As for the largest crypto asset by market cap, Arnold issues a stern warning to those “sleeping” on BTC.

“I’d be remiss if I didn’t point this out to you, because I’m very bullish on Bitcoin. Bitcoin supply is getting tighter with each passing day.

Supply shock is no joke. Do not sleep on Bitcoin, ladies and gentleman.”

BTC is trading at $63,768 at time of writing, down nearly 3% in the last 24 hours.

Finally, Arnold makes the case for leading smart contract platform Ethereum (ETH) to continue stealing market dominance from Bitcoin.

“Coinbase Q3 earnings are out. Ethereum volume surpasses Bitcoin volume for the second straight quarter. 

We’re starting to see a shift.

Ethereum’s dominance, or growing dominance, cannot be denied.”

ETH is exchanging hands at $4,635 at time of writing.

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Bitcoin (BTC) $ 26,198.02 0.04%
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