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Report: Massive $68 Trillion Wealth Transfer Bullish for Bitcoin

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Report: Massive $68 Trillion Wealth Transfer Bullish for Bitcoin
The Daily Hodl
 Published Few hours ago
Report: Massive $68 Trillion Wealth Transfer Bullish for Bitcoin 
Millennials will likely funnel a portion of massive wealth, inherited from their parents and grandparents to bitcoin due to devaluation of fiat and shift from gold to BTC. Massive transfer of wealth is one of the single largest reasons to be bullish on Bitcoin, according to crypto influencer Nick Chong. Chong, a journalist and marketer at the HTC Exodus Bitcoin division told millennials will inherit $68 trillion from baby boomers and Confluence of distrust in institutions and the growth of digital tech will lead to Bitcoin investing. Read Full on The Daily Hodl

bitcoincryptoblockchain
Bitstamp adds full support for SegWit bitcoin addresses
The Block
 Published Few hours ago
Bitstamp adds full support for SegWit bitcoin addresses 
Crypto exchange Bitstamp, recognized as one of the 10 exchanges with “real” trading volumes by Bitwise, has added full support for SegWit (bech32) bitcoin addresses. The move will allow Bitstamp’s users to generate new bitcoin deposit addresses in bech32 format, as well as to withdraw bitcoin in such addresses. SegWit is an optional protocol upgrade to blockchain networks, which help accommodate more transactions in one block (1MB size) and thereby help reduce fees per Read Full on The Block

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KLM Royal Dutch Airlines Uses R3’s Blockchain for Financial Processes
unchain
 Published Few hours ago
KLM Royal Dutch Airlines Uses R3’s Blockchain for Financial Processes 
The world’s biggest airlines, Air France-KLM, Royal Dutch Airlines has partnered with Dutch software startup Unchain.io in order to explore the potential benefits of blockchain technology for its business and internal processes. Firm has successfully delivered a strategic finance application for KLM Royal Dutch Airlines in partnership with enterprise software firm R3. The solution intends to simplify KLM’s accounting process and settlements by implementing R3’s Corda — an open-source enterprise blockchain platform. Read Full on unchain

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David Schwartz: Third-Party Cryptos Could Launch on XRP Ledger
CoinDesk
 Published Today
David Schwartz: Third-Party Cryptos Could Launch on XRP Ledger 
Ripple is developing a feature that could allow users to mint asset-backed tokens directly on top of XRP Ledger, the firm's tech chief has said. Chief Technology Officer at Ripple David Schwartz said Ripple is working on "exciting" new features to broaden the ledger's functionality and allow third-party users to introduce other cryptocurrencies into the XRP ecosystem. He told, Stablecoins is the obvious use case, but it's not just stablecoins it's essentially assets pegged to some external value. Read Full on CoinDesk

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Price Analysis Feb 28: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
Cointelegraph
 Published Today
Price Analysis Feb 28: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK 
If the bulls successfully defend the 200-day moving average on several major cryptocurrencies it might offer buying opportunities for traders. The bulls are attempting to keep Bitcoin (BTC) above the 200-day simple moving average at $8,758. The bulls attempted to stage a recovery on Feb. 27, which hit a roadblock at $238.258. After the sharp fall on Feb. 26, the bulls attempted a pullback on Feb. 27 but they could not propel XRP above the 200-day SMA at $0.25232. Read Full on Cointelegraph

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Akon to Launch Its Cryptocurrency on Stellar Blockchain
Cointelegraph
 Published Today
Akon to Launch Its Cryptocurrency on Stellar Blockchain 
Multi platinum-selling recording artist and co-founder of Akoin Cryptocurrency, Akon has chosen Stellar blockchain to build his cryptocurrency ecosystem. He said, Akoin selected Stellar’s distributed, hybrid blockchain due to a shared vision for creating global financial inclusion, particularly in areas such as Af

rica. The Akoin utility token will be compatible with Stellar wallets and interoperable with all digital assets and fiat currencies supported by the Stellar network. Read Full on Cointelegraph

akoncryptoblockchain
World’s Largest Human Resources Firm Adopts Smart Contracts Platform
Cointelegraph
 Published Today
World’s Largest Human Resources Firm Adopts Smart Contracts Platform 
Human resources firm Randstad has chosen to further automate its workflow using a smart contracts-focused blockchain. The firm’s 40,000 employees will be using an enterprise blockchain solution from New York-based Cypherium. Randstad expects that using the blockchain will greatly reduce human error and save time, particularly when it comes to key bureaucratic tasks involved in HR work payments, as well as verifying academic and professional qualifications and personal identity data. Read Full on Cointelegraph

blockchaincrypto
Hall Finney Made The First Ever Bitcoin Price Prediction in 2009
reddit
 Published Today
Hall Finney Made The First Ever Bitcoin Price Prediction in 2009 
Just a week after the bitcoin genesis block in January 2009, computer scientist Hal Finney published a price prediction model of $10,000,000 per coin based on it becoming the world’s dominant payments system. He also noted that bitcoin’s acceptance rate would be slow at first. This is still clearly evident a decade later as very few people on the planet hold more than one of them. In 2010, mining one BTC block would have netted a cool 50 BTC for virtual pennies and it's worth $430,000. Read Full on reddit

BitcoinBTC
Shark Tank's Robert Herjavec Says Bitcoin’s Price Will ‘Quintuple’ In Long-Term
Cointelegraph
 Published Today
Shark Tank's Robert Herjavec Says Bitcoin’s Price Will ‘Quintuple’ In Long-Term 
Robert Herjavec, Multi-millionaire co-host of ABC’s “Shark Tank,” said digital payment has future and on a long-term basis, BTC price will quintuple. He said Bitcoin (BTC) is currently valued at only a fraction of its long-term potential. After speaking on gold, expressing that he is not a “big believer” in the precious metal on the investing side, Herjavec said he favors the future of the digital payment sector, naming Bitcoin specifically. He told, Consumers, over the long run, always go to convenience, and Bitcoin is just convenience. Read Full on Cointelegraph

bitcoincrypto
Ether Futures Volume on FTX Hit Record Highs
CoinDesk
 Published 1 Day ago
Ether Futures Volume on FTX Hit Record Highs 
Hong Kong-based crypto derivatives exchange FTX saw record volumes in ether (ETH) futures on Wednesday amid a sell-off in the cryptocurrency’s price. Daily trading volume on the nine-month-old exchange jumped to a lifetime high of $245 million, marking a 51 percent increase from Tuesday’s volume of $162 million, according to Skew Markets. The previous record high of $189 million was reached on Feb. 20. Trading activity has been rising since early January and has witnessed spectacular growth over the last four weeks. Read Full on CoinDesk

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