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Moving onto Coinmarketcap, bitcoin (BTC) has slightly increased by 1.76 percent. Ether (ETH) in its “second in command” status, has increased by 10.24 percent. Ripple’s XRP maintains the number three position, and it’s currently gaining by a whopping 21.49 percent, probably due to the launch of XRP trading by Coinbase. As for our top 20 tokens, we still have a very green and lush market with TRON increasing by 11.40 percent, IOTA by 11.91 percent, Tezos by 12.75 percent, Ontology by 16.70 percent, and NEO by 12.46 percent, all rising by double digits.
Let’s jump into our news segment! NEO has received a fresh $100 million funding to enable it to strengthen its ecosystem. Specifically, Da Hongfei has made it clear that the new $100 million will be channeled into the activation of seed projects. The NEO founder has also hinted that a fraction of the $100 million NEO EcoBoost will be used for community synergy and promotion for blockchain projects under the NEO network.
Moving onto the 2nd part of the news! Bitcoin (BTC) has reached another significant milestone in its journey towards mainstream adoption, as Flexa, a U.S-based fintech startup has launched the SPEDN mobile app which enables crypto holders to easily pay for daily purchases with bitcoin, ether, bitcoin cash and the Gemini dollar stablecoin at more than 30,000 retail stores in the United States including Whole Foods, Nordstrom, Gamestop, Jamba Juice, Lowe’s, Starbucks and Petco, to mention a few.
Now, the third news Item for today! The cryptospace will have to wait much longer before welcoming the first Bitcoin exchange-traded fund, as the U.S Securities and Exchange Commission (SEC) has yet again delayed passing its verdict on the Bitwise Bitcoin ETF proposal.
Now, let’s look into why XRP is increasing like crazy! Coinbase Opens up XRP Trading for New York Residents. The company tweeted on Monday saying that any New Yorkers can now log in to buy, sell, convert, send, receive, or store XRP on Coinbase.com using their iOS and Android Apps.
If you’re a fan of Bitcoin adoption then you’d love the news coming next. InvestinBlockchain reports that giant e-commerce platform Ebay may soon accept cryptocurrencies as payment after images seen from the Consensus 2019 conference in New York shows an advertisement that states “Virtual Currency” It’s happening on eBay.
Now just before I end things, I want to introduce you to this article by MarketWatch, ‘if you’re not a billionaire in 10 years it’s your own fault,’ says 20-year-old Bitcoin tycoon.’ Now Finman believes that Bitcoin is like a lottery ticket for those who hold on to or invest directly in the digital asset for at least the next 10 years. While we don’t know how investments in Bitcoin and blockchain will turn out in the future, it definitely looks like Finman isn’t the only one who’s super optimistic about the future results!
So guys, that was a pretty long video. So now for your thoughts.
What do you think about NEO’s $100 million funding? What are your thoughts about the new SPEDN crypto payments mobile app? And how do you see the postponement of the Bitwise Bitcoin ETF by the SEC? Are you one of the lucky investors experiencing the XRP increase in price? And do you think Ebay will move forward with their crypto payment option. And finally, do you think Bitcoin will make you a millionaire in the future!
Let me know what you guys think below, If you liked the content please subscribe and watch our latest videos. It’s Cindy with CryptoPig, Catch you guys around!