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[andrew02568]

Toncoin Market Sees Distribution Signals as Price Nears $8 USD Peak

[wecoinverse]

🚀Get ready for the latest addition to the crypto market. Binance has just announced it will be listing a brand new altcoin! Stay tuned for more details and be prepared to dive into new investment opportunities.

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[coinnewz]

Every Bank In Japan Will Use Ripple’s XRP By 2025

Ripple‘s XRP token currently bears further uplifting news as SBI, which is a Ripple enthusiast, has planned to have a few banks in Japan and utilize the token by the 2025 Osaka Expo. The Strategic Business Innovator Group (SBI) is one of the biggest financial services firm in the world. The Groups companies and businesses are typically held at SBI Holdings. Based in Tokyo, Japan, the CEO of the company, Yoshitaka Kitao has recently said earlier in February that SBI VCTrade will go live next month in March. This would mean that verified members will be able to purchase the XRP token as well as other tokens with the Japanese Yen. The movement is expected to increase the liquidity in the Japanese market enabling bigger cross-border transaction volumes within the group of banks. At the time, Kitao prospected on the utility of XRP saying: “…the use of “xRapid” using XRP is getting widespread, and the number of companies participating in ripple nets is increasing substantially. Therefore, in such a meaning, it seems that the use of Ripple ‘s technology will gradually become used in the form of using “XRP” in the international money transfer field. Virtual currency is tough unless there is “real demand”, but we believe firm “real demand” will come out from now on.” As the order books go live, the Japanese market will have some additional liquidity that will allow for large volumes of cross-border transactions by this group of banks. The VCTrade platform has been anticipated for some time. Just in Time For the Osaka Expo for Ripple One of the more interesting things to take away from the announcement is that SBI’s goal is to have Japanese banks use the XRP token in just six years time for the Osaka Expo. For those who don’t know, the next World Expo, will take place in Osaka on 3rd May 2025 – 3rd November 2025. The theme of the expo is “design future society for our lives” with subthemes such as “How to Lead a Healthy Life in a Diverse Manner” and “Sustainable Socioeconomic Systems.” In his interview with Coin Post, Kitao underscored that the protracted crypto market slump is not to be thought of as an end to the industry, and that SBI has been working intensively to foster the adoption of XRP among financial institutions. He affirmed that the real demand for the asset’s use in cross-border remittances and settlement is already underway and will continue to burgeon— pointing to Santander’s use of Ripple’s blockchain-powered xCurrent and RippleNet platforms for international payments as an exemplary, high-profile case. “There is Basically No Value For Bitcoin” Aside from predicting that XRP’s still-fledgling market capitalization would eventually grow to be a global standard, Kitao also made positive remarks in relation to enterprise blockchain consortium R3, of which SBI is a member, as well as reportedly being the largest outside shareholder, as well as the R3 Corda settlement platform. Kitao has been quoted as saying he believes that because the fundamental value of Bitcoin is zero, it falls by 80% from the peak. He said: “This is rare in the stock market and others. It has been said from the long ago that the rule of the rice exchange rate, even if it fells, it is said that it will almost stop at “half price eight odd discounts,” but it continued to fall without stopping. After all, it is because there is no fundamental value. There is basically no value for Bitcoin. The fact that Bi coins are going to be used more and more in practical use is not easy when it comes to that price. So I think that ‘XRP’ in the crypto world is probably the number one crypto asset.” One of the more exciting points Kitao made is that he thinks Bitcoin is “still searching for a use case, whereas XRP already has utility as a tool for making faster and cheaper cross border payments.” #ALTCOINNEWS  #BITCOINNEWS #CRYPTOCURRENCYNEWS #COINNEWZ Source Link Read the full article

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[cryptoknowmics]

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[officialcryptoforum]

Bitcoin Cash has had a hard time ever since it split off from the parent chain. Fortunately, the recent price surges have provided for things to fall into place.

[cryptostore-blog]

THETA is up 13.26%, TomoChain (TOMO) 16.09% and KyberNetwork (KNC) has registered a growth rate of 18%. Ether (ETH) has been unsuccessful to reflect these results, but as the end of the 2019 approaches, Ethereum is still trying to better these results.

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You might have heard about the idea to move from an Ethereum consensus based on the Proof of Work (PoW) system to one based on the so-called Proof of Stake. . So this possible future switch from PoW to PoS may provide the following benefits: . - Energy savings. - A safer network as attacks become more expensive: if a hacker would like to buy 51% of the total number of coins, the market reacts by fast price appreciation. - Feel free to add more below👇 . Which one do you prefer? . Let's spread the good word about Crypto✌ ✔Follow @bitcoinprovencrypto and @crypto.preneur . . . . Repost @crypto.preneur • • • • • #bitcoinsouthafrica #xrpripple #altcoinnews #bitcoinengland #cryptocurrencys #bitcoinaustralia #bitcoinlife #bitcoincanada #ethereummining #cripto #bitcoinmillionaire #bitcoinuk #decentralized #bitcoinasia #zcash #bittrex #bitcoinmillionaires #cryptolife #iota #bitcoinprice #dash #ripple #btc #cryptocurrency #bitcoin #cryptopreneur https://www.instagram.com/p/BzLzUe9AyKi/?igshid=wuosnhp5cmkm

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[coinprojects]

New Post has been published on https://coinprojects.net/?p=3890

Elon Musk Reaffirms Support for Dogecoin, Changes Profile Picture — DOGECOIN ELON MUSK

Tesla and Spacex CEO Elon Musk has continued to tweet about the meme cryptocurrency dogecoin. He has changed his profile image on Twitter to include an image of the Shiba Inu dog that represents dogecoin. He also tweeted that his son is “hodling his Doge like a champ.” Meanwhile, dogecoin’s trading volumes soared 1,250% in the second quarter on the world’s major cryptocurrency exchanges, according to data by Coinbase.

Elon Musk Dogecoin Support Continued

The Doge community was thrilled over the weekend when many people noticed that Elon Musk, whom they call the Dogefather, had changed his profile image on Twitter to one of him wearing sunglasses that have a Shiba Inu dog in the reflection.

Following his profile picture change, the price of dogecoin got a slight boost but has since fallen down, shedding all of its weekend gains. The DOGE price at the time of writing is $0.174 based on data from Bitcoin.com Markets.

Elon Musk’s Twitter profile page. Source: Twitter

Prior to Musk updating his profile picture on Twitter, he tweeted about dogecoin Saturday confirming that his baby son, named “X Æ A-12,” is not selling his DOGE. Musk wrote:

Lil X is hodling his DOGE like a champ. Literally never said the word ‘sell’ even once.

Musk has previously said he bought dogecoin for his son “so he can be a toddler hodler.” He also indicated that he owned DOGE himself but did not disclose how much, tweeting on May 20, “I haven’t & won’t sell any doge.”

Meanwhile, dogecoin’s trading volumes had increased rapidly. According to data compiled by Coinbase, as reported by the Insider:

Dogecoin’s trading volumes soared 1,250% in the second quarter of the year on the world’s major cryptocurrency exchanges.

Dogecoin’s average daily trading volume shot up to $995 million in the April to June period, from $74 million a day in the first quarter.

In comparison, Coinbase’s data shows that ether’s trading volumes rose 53% quarter-on-quarter to an average of $3.25 billion a day on global exchanges. Meanwhile, bitcoin’s daily volumes fell 14% to $4.01 billion.

What do you think about Elon Musk’s tweets about dogecoin and him changing his profile picture? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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Source link By Kevin Helms

#Altcoin #AltcoinNews #Bitcoin #BlockChain #Coinbase #CoinbaseNews #CryptoNews #DOGE #Dogecoin #ElonMusk