LBRY Credits (LBC) Prediction: Fire Up To New April Highs
LBRY is a blockchain-based digital content protocol containing a digital library of content such as videos, music, games. LBRY reportedly has millions of pieces of content, ranging from Hollywood films to user-generated originals.
LBRY can be used on a desktop computer or mobile phone via an app as well as on the web.
The coronavirus pandemic will be remembered as a world-reordering event. Like the Great Depression, the fall of the Berlin Wall, and the 2008 global financial crisis, it will accelerate social and economic changes that would otherwise have taken years to materialize.
However long it will take, we will eventually beat back this virus, and our economies will eventually recover from the punishing recession it will have brought about. But when the dust settles and the masks come off, the pandemic will have permanently reshaped our social and economic behavior. Here are a few outcomes that seem increasingly likely.
Coinbase and Coinbase Pro faced platform stalls as Bitcoin's price soared.
Major U.S. crypto exchange, Coinbase, and its professional trading platform, Coinbase Pro, recently went down for the count during a hectic pump day for Bitcoin (BTC).
Data provided exclusively to crypto analytics firm Flipside Crypto shows that Binance and OKEx paid large fees for Ether (ETH) withdrawals when the Bitcoin price crashed to $3,600 on March 13, a day dubbed as “Black Thursday” among investors in the cryptocurrency market.
At the time, the Bitcoin (BTC) price dropped by around 50 percent in a single day, causing the price of Ether to plunge to as low as $85 across major exchanges.
As an unprecedented cascade of liquidations pushed the entire market downward in a short period of time, requests for withdrawals on exchanges also surged as investors began to demonstrate a high level of fear.
Amidst all the panic, Binance and OKEx, two of the largest crypto exchanges paid, higher than the average price of "gas"—a term used to describe fees paid on the Ethereum blockchain network to transfer data or payments—to seamlessly process user withdrawals.