Stock-to-Flow Model
The Stock-to-Flow Model is an important theory in the cryptocurrency market. The core of this model is that scarcity is a key driver of Bitcoin prices. Although not all analysts agree on the validity of this model, as the Bitcoin block reward is expected to halve in May 2020, the model will continue to be a hot topic.
BTC Market Cap Continues to Climb
In 2019, BTC's market cap percentage surged powerfully, leaving most other cryptocurrencies far behind. It appears that Bitcoin will continue to consolidate its leading position in the crypto asset market.
Market participants have divergent views on whether other cryptocurrencies will enter a boom phase in 2020. As can be seen from the chart above, few cryptocurrencies outperformed BTC in 2019. As a potential "digital gold," Bitcoin will still be the main cryptocurrency in the coming year.
BTC cumulative fees exceed 1 billion USD
Data shows that BTC cumulative fees surpassed 1 billion USD on October 14th, which is equivalent to 18% of Western Union's revenue in 2018. Although this is not the most critical statistic, it still demonstrates that Bitcoin continues to be used over time, with its network effect further strengthening.
Reward Halving
BTC mining reward halving has been a hot topic in Bitcoin investment throughout 2019, with most believing that BTC will repeat historical trends and enter a bull market after the production cut.
As the fundamentals of BTC continue to improve and start to attract mainstream attention, there is still potential for explosive demand for Bitcoin.
In 2019, the cryptocurrency industry survived its darkest moments and struggled forward with difficulty. In 2020, let us witness together the growth and explosion of this nascent industry; the light is about to come.
Overview of MALCOIN Blockchain Asset Trading Platform:
MALCOIN offers a comprehensive range of cryptocurrency services, including fiat currency exchange, spot trading, contract trading, ICO trading, and blockchain asset issuance. Aspiring to be a global leader in the cryptocurrency market, MALCOIN Trading Center not only operates out of the United States but also offers global coverage. With a professional, efficient team and years of internet and financial technology experience, MALCOIN provides a secure, convenient, and stable trading experience for users worldwide.
Service and Technological Highlights:
1. User-centric Global Vision: Committed to establishing a leading secure and low-cost cryptocurrency trading platform.
2. Technological Innovations: The launch of the H5 browser version in August 2017 and the subsequent mobile app greatly optimized user trading experience.
3. Optimized Trading System: Uses multi-point load dispersion technology and provides multi-tier server guarantees, ensuring efficiency and stability to meet the standards of the world’s top trading systems.
4. Security and Compliance: The team includes elite graduates from Harvard, Yale, MIT, and Cambridge with decades of financial risk control experience, holding global financial licenses to ensure platform credibility and compliance.
5. Comprehensive Trading Options and Customer Service:
5.1 Supports diverse trading options including spot, fiat, contracts, and ICOs.
5.2 Provides full-chain deposit and withdrawal services and global banking system transfer and withdrawal services.
5.3 Offers various order types such as market price, limit order, and stop-loss and take-profit.
5.4 Provides 24-hour multilingual customer service to ensure timely response to user needs.
6. MALCOIN Academy: As an open learning center dedicated to offering one-stop blockchain and digital currency learning resources, including educational articles and videos, aiming to address the fragmentation of knowledge.
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