There seems to be a new view in China about how it should respond to the possible issues posed by Libra, Facebook's cryptocurrency. It has been suggested that the country should turn to working with other blockchain and Bitcoin friendly nations to regulate the industry, instead of quickly establishing its individual option means of payment.
Notwithstanding the brief upward move and subsequent fall, the bulls defended the low at $136. The price moves up to $143 after a successful defense of the support. Luckily, Ether is in the bullish trend zone. The upward movement will likely continue to the recent highs. Assuming, the bulls sustained the price above EMAs, then we should expect the market to reach a high of $157.
In an effort to enable effective transnational payments using the Bitcoin Blockchain, around 60 Latin American banking institutions where almost 20 million users are active customers of money management services, are now busy developing modern financial systems based on distributed ledger tech, and this will give the people of South American countries an option to make Bitcoin payments.
One of Europe's airline giants, Norwegian air, is set to launch it’s own cryptocurrency exchange and allow ticket sales via bitcoin. The airline plans to add the most popular and biggest cryptocurrency by market capitalization as another payment option its customers.
When Litecoin first appeared on the cryptocurrency market, it was just a lighter version of Bitcoin, however, in last few years, the value of LTC elevated and reached amazing heights thanks to its faster transfers and less demanding technical requirements for mining. Soon enough, this version of digital money became a regular payment option and a lucrative investment opportunity. As it was with Bitcoin, online cryptocurrency casinos took the chance to implement a Litecoin gambling option for their players.
It's very astonishing that such a new and relatively mysterious technology such as Blockchain, has gathered so much exposure quickly, even in mainstream media. The Blockchain hype has rapidly spread all over the globe due to the fact that it is the underlying tech behind cryptocurrency which received wide media attention. In the emerge of the crypto craze, Blockchain technology has continued to attract huge attention.
Crypto community calls for UK businesses to adopt digital currencies to ease the instability of Brexit. Cryptos are a secure option to usual currencies that are registering rising conventional adoption from both major financial institutions and consumers.