Former Facebook employee Roman Koshlyak launched a petition in United States requesting to Include Btc Wallets in latest NASA projects Curiosity and Opportunity
Ever heard of Inter-Planetary Bitcoin Transactions? Well, that’s the new reality, after taking entire world by storm Bitcoin price is soaring to all-time high and recent developments in Btc world shows that acceptability of world’s biggest cryptocurrency is increasing by the day.
In late 2016, former Facebook employee Roman Koshlyak launched a petition in United States requesting to Include Bitcoin Wallets in latest NASA projects Curiosity and Opportunity, purpose of these 2 projects are to explore Mars and gather as much information as possible to find possibility of Life on Mars in future. The reason which Roman indicated in his petition is that people can send donations for this project through bitcoins If Wallet is established in these 2 projects. If this happens then It will be one of the biggest things for BTC. Until now Bitcoin was finding its way through acceptability in this world but now If this transaction happens then it will be first ever Inter-Planetary transaction.
Elon Musk and Space
Elon Musk is one of the well-known entrepreneurs in the world, Founder of many companies like Pay Pal, Tesla, Solar city, Space X, he mentioned that his company Space X is planning to launch a project to send tourists on Moon and Mars, he himself mentioned that he wants to Colonized Mars and connect Earth with Moon and Mars. So, potential market for Btc in this case in massive here, people who will visit Moon or Mars in future can use Bitcoin as their preferred payment method for transaction because Bitcoin transactions are quick and easy to use, further fee of transaction is very low as well making it the perfect choice for those people.
Martians can use Bitcoin as a currency
Martians can use Btc for their daily usage and it will be the best possible choice for them because with most countries trying to explore Mars as their possible option to live in future there will be discussions on the issue to select a currency for usage at Mars and what better than Bitcoin.
If you ever had a chance to go to mars would you like to chose Bitcoin as a payment method?
Crypto Market cap reached $275 billion
Market cap of crypto currencies reached the level of $275 Billion after a spike on 4rth July 2018, Bitcoin maintaining its dominance at 42% , making it the biggest crypto currency in the world.
Bitcoin price currently trading at around $6700 after a 3% spike in the price , making it jump from $6500 to $6700 within minutes, analysts are predicting that this recent upside movement in crypto market in weak and need to sustain these levels in order to attract more buyers, otherwise overall bearish market is still in control.
$7000 is a key level for Bitcoin
$7000 is very important level for bitcoin according to many technical analysts, If it breaks above $7000 and stays there then chances are that upside move will be healthy, otherwise bear will look forward to take control of the situation again.
Switzerland merging Cryptocurrencies with conventional banking
Switzerland is on the right track to become a Crypto nation and country is making efforts to allow cryptcocurrencies to fully access conventional banking .
Bitcoin and other crypto currencies has taken a big hit in brutal bear market of 2018 but that’s not stopping Switzerland to allow cryptocurrencies to fully access conventional banking system within the country. Switzerland is currently in progress and drafting rules and regulations for such collaborations.
Heinz Tännler, Swiss expert & finance director of Zug canton, told media earlier that politicians were moving to allow crypto companies to work with banks, adding that Switzerland’s central bank, financial supervisor and federal government “are willing to help”.
He said: “We hope to clarify relationships by the end of the year at the latest.
“Time is pressing, other jurisdictions such as Malta and Singapore are very active and making a lot of effort to attract these companies. The lack of access to bank services is a significant competitive disadvantage.”
“We have to push certain national institutions to resolve this problem quickly and effectively, but that now seems to be going well.”
Blockchain becoming the global phenomenon
The concept of Blockchain is interesting and attractive for all the countries, many countries may disagree on the existence and usage of cryptocurrencies, but all of them agree with the fact concept of blockchain is not going anywhere and governments can benefit from this technology in various fields, but if you ask any expert of blockchain, he would tell you that success of Blockchain technology has to be linked with existence of crypto currencies, without crypto currencies, and ecosystem can’t exist, many governments around the world are slowly recognizing the fact and Switzerland is definitely on the right track if they allow crypto currencies to work in collaboration with the Banks, because many banks around the world are not allowing crypto currencies to offer services through them, but this initiative will open many doors in that regards.
Crypto market stabilizing gradually
Crypto market is stabilizing around $450 billion market cap after gradual increase in overall value in recent weeks.
Leading crypto currencies are on the rise, lead by Bitcoin, Ethereum, Bitcoin Cash and Ripple. Although increase in bitcoin value is less as compared to other crypto currencies but overall market is on rise with current market of $440 billion.
Bitcoin is currently hovering around the $9300 mark after being rejected at $10000 mark couple of times in last days, Ethereum is on the charge as well but the most surprising one is Bitcoin cash. Bitcoin cash was at $600 couple of weeks ago and now at $1600, shows rapid growth in recent weeks.
Crypto currency of the month has to be EOS, investors of EOS are enjoying a massive rise in value in past few weeks, EOS started April at $5 mark and now is at $18 , value of EOS increased more than 3 times within one month.
Current top 5 crypto currencies
- Bitcoin : $9388
- Ethereum: $741
- Ripple: $0.83
- Bitcoin Cash: $1630
- EOS: $18.28
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