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Bitcoin started updating its annual maximum last week, exceeding $18,000, and only less than 5% is left to its historical maximum. What is interesting is that there is no history around cryptology at the end of 2017.
The capitalisation of Bitcoin exceeded that of Mastercard! Are JPMorgan and Visa next?
According to AssetDash, the current market capitalisation of Bitcoin is just over $336 billion, a 3.6% increase in the last 24 hours. At the same time, Mastercard’s market capitalisation has fallen by more than 0.5% to $332 billion.
Bitcoin also outperformed Bank of America, Adobe, Disney and Nvidia in terms of capitalisation, with one of the largest American banks in terms of assets under management, JPMorgan, and the payment giant Mastercard Visa as a competitor.
Bitcoin now reminds the gold market in the 1970s – CitiBank
Top CitiBank Manager Tom Fitzpatrick believes that Bitcoin now resembles the gold market in the 1970s. And according to the forecast, by December 2021 BTC may rise to $318,000.
The value of Gold began to grow rapidly after US President Richard Nixon in 1971 renounced the dollar/gold pegging and the Bretton Woods system. Over the next 50 years, gold rose considerably in price.
Even now, economic stimulus measures against the backdrop of the Coronavirus pandemic are creating conditions similar to those of the 1970s.
Investors are increasingly choosing bitcoin over gold to protect themselves against inflation – Deutsche Bank
Jim Reed, an analyst at Deutsche Bank, noted the growing popularity of Crypto Genius as an alternative savings product to gold.
„Where gold was previously used to hedge against dollar and inflation risks, there is an increasing demand for Bitcoin. One oddity is the sharp difference between gold (-3.6%) and silver (-4.4%) on the one hand and Bitcoin (+13.4%) on the other. Bitcoin rose another +3% overnight and over 70% over the last six weeks as more and more investors are beginning to see it as a reliable investment asset,“ the analyst said.
The actress from „Game of Thrones“ wants to call Bitcoin
British actress Macy Williams, who played Arya Stark in The Game of Thrones, asked her Twitter followers (2.7 million by the way) if she should call BTC. To date, more than 800,000 people have taken part in the survey and 55% have said no.
A large number of representatives of the cryptographic industry took part in the tweeted discussion, even Ilon Mask, who wrote „Toss a bitcoin to ur Witcher“ with a hint of a song from the series „The Witch“, noted.
According to The Block, the top 10 PoS blocks (and variations of PoS) have $12 billion Polkadot in first place – currently $3 billion in DOT tokens.
Read more about Polkadot – https://t.me/incrypted/6306.
Read more about staking at Polkadot – https://t.me/incrypted/6590.
Will Ethereum 2.0 be moved?
On the depositary contract ETH2, more than 100,000 ETHs have been sealed to launch Phase 0 of Ethereum 2.0. This is about 20% of the required amount. A total of at least 524,288 ETHs are needed until 24 November if the required amount of ETHs is not collected, it is likely that the launch of Phase 0 will be postponed.
Vitalik Buterin, co-founder of Ethereum, answered a number of questions related to the launch of Ethereum 2.0 during the AMA at Reddit. According to Buterin, significant improvements in network performance and migration to PoS will occur sooner than many people expect.
„The merger will happen faster, PoS will happen faster, your tempting 100,000 transactions per second will happen faster. I expect updates to Eth2 to be faster and more accurate than Eth1,“ he wrote.
But that’s not all, the Ethereum rate has risen to $560, which is the highest rate for the crypt currency in 2 years.
Additional round of pharming 1INCH tokens on Mooniswap
The guys from 1Inch recently announced that it was possible to feed INCH tokens by providing liquidity to the Mooniswap exchange. And now they have announced an additional round of pharming tokens for 4 pools: ETH – WBTC, ETH – USDC, ETH – DAI, ETH – USDT. It will start on 18 November at 19:00 Moscow time, 1% of all 1INCH tokens will be allocated.
We have also made a simple step-by-step instruction to participate in the first round, but in general the instruction is relevant and for the second round you can still participate in the first round. Just choose the right pool depending on which round of pharming you want to participate.
OKEx will open its withdrawal from 27 November
The OKEx Crypt Currency Exchange will resume withdrawal of users‘ funds on or before 27 November. The platform representatives promise that there will be no restrictions on the sending of coins.
Withdrawal from OKEx has not been available for more than a month. The Exchange explained this by the fact that one of the holders of its private key was involved in an investigation.
Binance will open the entries via Qiwi
Binance has announced the addition of the Qiwi payment system to introduce the Russian rouble. The input fee is 2%. Once the rouble is credited to Binance’s account balance, users will be able to trade using rouble-to-rouble pairs: BTC/RUB, BNB/RUB, USDT/RUB, BUSD/RUB, ETH/RUB and XRP/RUB.
Sign up for Binance.
Durov vs Apple
He described iPhone 12 Pro as the „overside version“ of iPhone 5, released in 2012, with a block of three cameras described as „ugly“ and „sticking out“ at different distances from the back panel. Durov also noted the „notorious fringes“ and the impressive frame, saying he was unhappy with the ratio of screen area to body size and considered the smartphone „outdated“.
„Even 9 years after Steve Jobs‘ death, Apple is living off the technology he developed and the reputation he earned. There are no significant innovations.
Not surprisingly, iPhone sales have fallen by 21% this year. If this trend continues, the iPhone’s global market share will be insignificant in 7-10 years‘ time.
Also very recently Pavel Durov mentioned 7 reasons why Apple’s 30% tax on the App Store should worry every iPhone owner.