Market Update:
At the time of writing, the Bitcoin price is sitting at $10,817, representing a loss of 0.2% in the last 24 hours. More than $3.5B worth of BTC were exchanged in the BTC/USD market representing a 42% share of daily volume, followed by the BTC/JPY pair that represents a 28% share.
The Ethereum price has dropped by 1.2% over the past 24 hours and is currently sitting at $969, with over $1.9B worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 44% market share of the daily trading volume.
See live charts https://www.cryptocompare.com/coins/btc/overview/USD and https://www.cryptocompare.com/coins/eth/overview/USD
Visa CEO: «We Won't Process Transactions in Bitcoin»:
Yesterday, in an interview recorded at New York’s National Retail Federation conference, Alfred Kelly, Visa's CEO, was pressed for his thoughts on Bitcoin and said:
“I don’t view it [Bitcoin] as payment system player. We at Visa won’t process transactions that are cryptocurrency-based. We will only process fiat currency-based transactions.”
This tallies with the actions of Visa subsidiary Wavecrest, which cut off debit card services to dozens of European crypto card companies less than a fortnight ago. At the time, Visa denied that it was striking back at the threat posed by cryptocurrencies. The company was adamant that it was irregularities on behalf of Wavecrest clients that triggered the ban.
Investors Buying Power Stations in Russia to Mine Cryptocurrencies:
Two electric power stations in Russia were recently sold to a cryptocurrency miner looking to expand his operations – the latest sign that the country’s government-supported push to become a cryptocurrency mining hub has been successful.
The two stations are situated in the Perm Region on the western slopes of the Middle Ural Mountains, and in the Republic of Udmurtia. The facilities will be used as data centers as well as housing for cryptocurrency mining equipment. The price paid for the two stations was roughly 160 million rubles (about $3 million).
Mark Cuban’s NBA Team to Sell Tickets for Bitcoin “Next Season”:
The famous American entrepreneur, businessman and investor, Mark Cuban, has announced that Bitcoin users can soon buy tickets to National Basketball Association (NBA) games directly from his team. Asked on social media when will it be possible to purchase tickets for the Dallas Mavericks, which he owns, Cuban simply answered “Next season." He then added:
"Some people want to buy products in cryptocurrencies to prove a point. We are happy to make it easy for them. And for Existing Mavs fans who prefer to spend cryptocurrencies, we are happy to make it easy for them.”
State of the Crypto:
Bitcoin is up 0.02% at $10,841.430 with a volume of Ƀ330.5k - $3482.3M on the USD pairs.
Ether is down 0.57% against Bitcoin at Ƀ0.08939 per Ether and down 1.32% against the dollar to $967.16 with average volume Ƀ95.5k on the ETH/BTC pair.
Bitcoin Cash is down 2.14% to Ƀ0.1604 with volumes of Ƀ36.4k and down 2.1% against the dollar at $1734.33.
Ripple is up 17.71% to Ƀ0.0001243 with volumes of Ƀ63.9k and up 17.54% against the dollar at $1.34.
Zcash is up 3.05% for the day to Ƀ0.04527 per ZEC and up 3.52% against the dollar to $489.35 with an average volume of Ƀ4.3k for the 24 hour period.
Litecoin is down 0.02% against the dollar for the day at $178.67 and up 0.61% to Ƀ0.01646 on volumes of Ƀ21.9k.
Dash is up 0.01% at Ƀ0.07069 with Ƀ7.9k volume and up 0.52% against the dollar at $761.37.
Iota is up 4.35% to Ƀ0.0002472 on Ƀ4.0k volume.
Ether Classic is up 1.05% to Ƀ0.002607 with volumes of Ƀ11.4k and up 2.29% against the dollar at $28.09.
Monero is down 2.31% against the dollar at $306.49 and down 2.37% against Bitcoin at Ƀ0.02842 on volumes of Ƀ7.6k.
Neo is up 8.12% for the day to Ƀ0.01239 per NEO and up 10.56% against the dollar to $132.95 with an average volume of Ƀ22.7k for the 24 hour period.
Waves is up 1.19% to Ƀ0.0007205 on Ƀ2.6k volume.
Stratis is up 0.96% to Ƀ0.001268 on Ƀ2.4k volume.
