📮28-02-2020
📈MarketCap: $257 B
📊24h Mcap %: 3.35%
⚠️Bitcoin Dom: 63.3%
📌Active Coins: 2,401
📍24h Vol %: -10.91%
💲24h Vol: $117 B
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1. Willy Woo: Bitcoin Adoption is Growing, Half the World Set to Use Crypto in 7 Years
Bitcoin analyst and influencer Willy Woo thinks Bitcoin will rise at exponential speed just like internet and half the world will be utilizing crypto assets in seven years. The digital asset strategist and partner at Adaptive Capital compared Bitcoin's rise to the internet’s, saying it’s a process that starts off slow and gradually gains exponential speed. He told, 1% of the world population is holding Bitcoin today, which is rising 2x every year and If we run those numbers, we’re going to have half the world using this stuff within seven years. Read Full on The Daily Hodl.
2. Crypto Payments Provider Partners With Travala Bookings Platform
Hong Kong-based cryptocurrency payments provider Crypto.com has partnered with crypto-friendly travel booking platform Travala. The deal will see Crypto.com’s payment app integrated onto Travala’s website, providing a streamlined gateway for bookings to be made on the platform. Crypto.com Pay’s 1 million users can now access 2 million accommodations in 230 countries. Travala customers can use Crypto.com Pay to make payments in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP). Read Full on Cointelegraph.
3. 47,452 Bitcoin Worth $414M Transferred for only $0.68 Fee
A Major sum of money was moved around on the Bitcoin network, showcasing just how cheap it is to transfer BTC. As recorded earlier Whales has become active again and are moving their funds. As per data a whopping 47,452 BTC ($414 million) was just withdrawn from Bittrex. The fresh recipient address quickly moved the funds to another address. The total fee for the withdrawal was a small fee of just $0.68, which has become the ‘new normal’ on Bitcoin’s network. Read Full on BeInCrypto.
4. Litecoin Launching at 13,000 ATMs in South Korea
Litecoin (LTC), the seventh-largest cryptocurrency by market cap, can now be withdrawn in Korean Won (KRW) at over 13,000 ATMs in South Korea. According to the Litecoin Foundation, LTC is going mainstream in South Korea through a partnership with MeconCash. MeconCash is integrating the Litecoin into its M.Pay platform, allowing Litecoin holders to send remittances to Korea from overseas and to access quick cash. In addition to payments, Litecoin holders can also purchase products on MeconCash’s MeconMall. Read Full on litecoin.
5. Bitmain Announces Next-gen Antminer S19 Ahead of Bitcoin Halving
Bitmain will reveal a new flagship series of Antminers designed to “safeguard miners for future mining.” The new S19 will produce 95 terahash per second and and the Pro will offer 90 TH/s. However, Bitmain’s website claims that the Pro model can produce 110 TH/s. Both miners will have a power efficiency of 34.5+/-%5 joules per terahash. No release date or price information has been announced for either model. Read Full on prnewswire.
6. Ether Futures Volume on FTX Hit Record Highs
Hong Kong-based crypto derivatives exchange FTX saw record volumes in ether (ETH) futures on Wednesday amid a sell-off in the cryptocurrency’s price. Daily trading volume on the nine-month-old exchange jumped to a lifetime high of $245 million, marking a 51 percent increase from Tuesday’s volume of $162 million, according to Skew Markets. The previous record high of $189 million was reached on Feb. 20. Trading activity has been rising since early January and has witnessed spectacular growth over the last four weeks. Read Full on CoinDesk.
7. Shark Tank's Robert Herjavec Says Bitcoin’s Price Will ‘Quintuple’ In Long-Term
Robert Herjavec, Multi-millionaire co-host of ABC’s “Shark Tank,” said digital payment has future and on a long-term basis, BTC price will quintuple. He said Bitcoin (BTC) is currently valued at only a fraction of its long-term potential. After speaking on gold, expressing that he is not a “big believer” in the precious metal on the investing side, Herjavec said he favors the future of the digital payment sector, naming Bitcoin specifically. He told, Consumers, over the long run, always go to convenience, and Bitcoin is just convenience. Read Full on Cointelegraph.
8. Hall Finney Made The First Ever Bitcoin Price Prediction in 2009
Just a week after the bitcoin genesis block in January 2009, computer scientist Hal Finney published a price prediction model of $10,000,000 per coin based on it becoming the world’s dominant payments system. He also noted that bitcoin’s acceptance rate would be slow at first. This is still clearly evident a decade later as very few people on the planet hold more than one of them. In 2010, mining one BTC block would have netted a cool 50 BTC for virtual pennies and it's worth $430,000. Read Full on reddit.
9. World’s Largest Human Resources Firm Adopts Smart Contracts Platform
Human resources firm Randstad has chosen to further automate its workflow using a smart contracts-focused blockchain. The firm’s 40,000 employees will be using an enterprise blockchain solution from New York-based Cypherium. Randstad expects that using the blockchain will greatly reduce human error and save time, particularly when it comes to key bureaucratic tasks involved in HR work payments, as well as verifying academic and professional qualifications and personal identity data. Read Full on Cointelegraph.
