Stock-to-Flow model
The Stock-to-Flow model plays a crucial role in the cryptocurrency market. At its core, the model suggests that scarcity is the key determinant of Bitcoin’s price. While not all analysts agree on the model’s effectiveness, with Bitcoin block rewards expected to halve in May 2020, it continues to be a hot topic.
BTC Dominance Continues to Rise
In 2019, Bitcoin’s dominance in the overall cryptocurrency market cap surged ahead, leaving most other currencies behind. Current trends indicate that Bitcoin’s leadership position in the crypto asset market is likely to continue to solidify.
There are differing opinions among market participants on whether other currencies will enter a frenzy mode in 2020. However, based on past trends, few currencies were able to surpass Bitcoin in 2019. Bitcoin, as a potential “digital gold,” is still considered to be the primary crypto asset in the coming year.
BTC Accumulated Fees Surpass $1 Billion
According to data, as of October 14th, Bitcoin’s accumulated fees surpassed $1 billion, equivalent to 18% of Western Union’s revenue in 2018. While not the most critical statistic, it still indicates Bitcoin’s ongoing use over time, with network effects continuously strengthening.
The halving of rewards has been a hot topic in Bitcoin investment in 2019. Most people believe that with the halving of mining rewards, Bitcoin may repeat historical trends and enter a bull market. With ongoing improvements in Bitcoin fundamentals and increasing attention from mainstream society, there remains an opportunity for a surge in potential demand for Bitcoin.
In 2019, the cryptocurrency industry faced challenging times but persevered and moved forward. In 2020, let’s witness together the growth and explosion of this emerging industry, anticipating a bright future ahead.
LENCOIN Blockchain Asset Trading Platform offers extensive services globally, including digital currency fiat exchange, spot trading, contract trading, ICO trading, coin information, blockchain asset issuance, premium funds, and blockchain education.
1. Mission
Positioned to meet user needs, LENCOIN Trading Center aims to emerge as a global leader in the cryptocurrency market. Headquartered in the USA with a global reach, our company brings together a professional and experienced team in blockchain technology and operations with decades of internet development and service experience. Our experts are dedicated to providing a comprehensive service platform that is secure, convenient, stable, and cost-effective for cryptocurrency users worldwide.
2. H5 Browser and App
LENCOIN officially launched its trading platform H5 version on August 28, 2017, followed by the release of the app the following month.
3. System
The LENCOIN Trading Center system is optimized for user experience, utilizing multi-point load balancing technology to maximize system smoothness and providing multi-level server support to ensure transaction speed. Our trading system experience is benchmarked against the world’s top trading systems.
4. Strength
LENCOIN Trading Center is committed to building a secure and reliable cryptocurrency trading platform. Our team has decades of financial risk control experience, with core members graduating from prestigious institutions such as Harvard University, Yale University, Massachusetts Institute of Technology, and Cambridge University. LENCOIN Trading Center holds multiple financial licenses and continuously improves global qualifications.
5. Product Features
Our product features include:
1. Support for spot, fiat, contract, ICO, and other trading.
2. Support for full-chain storage and withdrawal services.
3. Support for global bank system transfers and withdrawals.
4. Support for market, limit, stop loss, and take profit orders.
5. Providing 24/7 multilingual online customer service.
6. LENCOIN Academy
LENCOIN Academy is a brand new open learning center aimed at providing one-stop learning resources for blockchain and digital currencies. By offering relevant educational articles or videos, we aim to address the fragmented knowledge issues surrounding blockchain and virtual currencies on the internet.
7. ICO Platform
Since its inception, LENCOIN Trading Center has promoted quality ICOs to increase the center’s visibility and is committed to creating a high-quality platform for cryptocurrency market investor education. Therefore, LENCOIN Trading Center will be a gathering place for many professional investors, making it an enjoyable experience.