🗞 Daily Crypto News, December 13th💰

in bitcoin •  7 years ago  (edited)

  • Bitcoin, Altcoins Combined Reach Market Capitalization of Half Trillion Dollars;
  • Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with Litecoin;
  • Bitcoin.com to Launch Bitcoin Cash Visa Debit Card
  • Eliminating Ticket Fraud with Blockchain Technology
  • Blockchain Startup LO3 Partners With Power Exchange
  • BCH Trading Update by @cryptopassion

🗞 Bitcoin, Altcoins Combined Reach Market Capitalization of Half Trillion Dollars

Cryptocurrency continues its incredible surge, with the combined market capitalization of all digital currency reaching $500 bln. According to the Wayback Machine, on December 15, 2016 - almost exactly one year ago - the total market cap stood at around $15 bln. Today’s price movements bring the total return of the entire sector to about 3,333%, year-over-year. Virtually anybody who owned crypto a year ago, and still holds it, is a winner.

Read more & Source: https://cointelegraph.com/news/bitcoin-altcoins-combined-reach-market-capitalization-of-half-trillion-dollars

🗞 Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with Litecoin

Browsing social media, one could be forgiven for thinking that the bitcoin community is all about Lambos. One cryptocurrency user is proving that their interests are more diverse, however, by buying a whole fleet of F1 supercars.

Read more & Source: https://news.bitcoin.com/chinese-whale-buys-fleet-of-f1-cars-worth-4-million-with-litecoin/

🗞 Bitcoin.com to Launch Bitcoin Cash Visa Debit Card

Roger Ver, the most vocal advocate of Bitcoin Cash has tweeted that Bitcoin.com will come out with a Bitcoin Cash Visa debit card very soon.

https://twitter.com/rogerkver/status/940253050731679744/photo/1

Read more & Source: https://cointelegraph.com/news/bitcoincom-to-launch-bitcoin-cash-visa-debit-card

🗞 Eliminating Ticket Fraud with Blockchain Technology

Considering that internet-based services have made the vast majority of our lives much easier over the past decade, it is surprising that a huge industry, entertainment, is still very much stuck in the past. In fact, the rise of online ticketing actually makes things more difficult for the consumer in some respects – fraud is now easier to carry out since duplication is more easily possible..

Read more & Source: https://themerkle.com/eliminating-ticket-fraud-with-blockchain-technology/

🗞 Blockchain Startup LO3 Partners With Power Exchange

Blockchain startup LO3 Energy has scored a partnership with the European Power Exchange, known as EPEX SPOT, to link local electric microgrids to broader wholesale markets.

Read more & Source: https://www.coindesk.com/blockchain-startup-lo3-partners-power-exchange/

BCH Trading Update by @cryptopassion

The BITCOIN CASH (BCH) is forming a new nice triangle pattern :

As always no one can be 100% sure of the direction that the Break Out will take.
The safest way to trade it is the following :

  • Wait the start of the Break Out (UP or DOWN)
  • Enter your position by following the trend
  • Determine your profit target when you know the price of your entry
  • Wait and adapt if needed your profit target to sold your position with I hope a nice profit.

🗞 Daily Crypto News, December 11th💰
🗞 Daily Crypto News, December 10th💰
🗞 Daily Crypto News, December 9th💰

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7 years ago by

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    • [-]
      ·  7 years ago 

    The total market cap has gone up so much quicker than I could ever imagine! Wouldn't be suprised if we hit 1 trillion within the first quarter next year!

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    [-]
      ·  7 years ago 

    It is crazy ^^.

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    [-]
      ·  7 years ago 

    So little sellers and so many buyers

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      [-]
        ·  7 years ago 

      Largest Exchange CME Group (NASDAQ: CME) will begin initial lists of bitcoin futures on December 18.
      Bitcoin enthusiasts hope that the launch of bitcoin derivatives will allow institutional investors to invest in the digital currency trend, helping to make bitcoin a legitimate asset class and pave the way for an exchange-traded fund .
      Elsewhere in the cryptocurrency business, Bitcoin Cash was at $ 1557, while Bitcoin Gold was at $ 274.11.
      Ethereum, the second-largest market-cap currency cryptocurrency after bitcoin, was $ 664.93.

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      3 votes
      [-]
        ·  7 years ago 

      Bitcoins name + debt card payments = 💰💰💰

      2018 is going to be wild

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      [-]
        ·  7 years ago 

      Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with Litecoin
      Read more & Source: https://news.bitcoin.com/chinese-whale-buys-fleet-of-f1-cars-worth-4-million-with-litecoin/

      I am a bit concerned about this. Merchant that accept payment in bitcoin immediatly convert it in fiat value via exchange to protect themselves from devaluation risk.
      So, maybe, unhappen payment will arrive, we will see a dump moment in LTC market..

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      2 votes
      [-]
        ·  7 years ago 

      Yup but if they convert instantly they minimize the risk.

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        [-]
          ·  7 years ago 

        I am not sure. If they convert instantly, they can blow up a lot of buy orders on the book, triggering a small drop in price.
        It depends all from how theyr payment service provider manages crypto influx. They istantly convert.. Or they divide big orders into a lot of small orders?

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          [-]
            ·  7 years ago 

          Upvote

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            4 votes
            [-]
              ·  7 years ago 

            Your post has been resteemed to my 2800 followers

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              [-]
                ·  7 years ago 

              now crypto currencies are becoming very popular ... I'm sure in the shortest time bitcoin will not stop us from surprising

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                [-]
                  ·  7 years ago 

                👍

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                  [-]
                    ·  7 years ago 

                  With that market cap we are entering the big game, and that's both exciting and scary

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                    [-]
                      ·  7 years ago 

                    Today, Bitcoin is BEARISH with 5 bullish, 2 neutral and 11 bearish indicators! Uncertainty takes place.

                    See for yourselves: https://steemit.com/bitcoin/@bitcoinbarometer/12-13-2017-bitcoin-is-bearish-today-the-daily-bitcoinbarometer-forecast

                    You are looking for a daily bitcoin forecast, that uses many more methods to determine the Bitcoin trend besides the comparison of several technical analysis? Follow @bitcoinbarometer to receive concisely daily BTC forecasts for each day of the week.

                    @bitcoinbarometer wishes a pleasant and profitable day!

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                      [-]
                        ·  7 years ago 

                      its christmas gift

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