The cryptocurrency market had quite the shakeup last week, causing a spike in most digital currencies. On Valentine’s Day, six days ago, JP Morgan announced that it would launch a test for its new JPM coin. This was the biggest crypto news to surface in quite some time. Now, digital currencies seem to have corrected, and most are trading red today.
In today’s crypto news, we’ll discuss Elon Musk’s interview and the details behind him calling Bitcoin “quite brilliant.” Also, we’ll look into Binance’s new testnet they just released.
Crypto News: February 20th, 2019
Elon Musk and Bitcoin
The crypto news that’s been receiving the most buzz this morning has to do with Tesla’s CEO Elon Musk. Musk held a podcast interview with advisory services firm ARK Invest’s and called Bitcoin’s structure “quite brilliant.”
The tech entrepreneur believes that digital currency is a far better transfer of value than paper money. In the past, Musk has been pegged as the creator of Bitcoin. With his background, it could be quite possible, but the tech entrepreneur has since shut down those rumors. Shame, considering we still don’t know who Satoshi Nakamoto really is.
In February of last year, Musk tweeted that he owned zero cryptocurrency, which was a surprise to most.
Not sure. I let @jack know, but it’s still going. I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago.
— Elon Musk (@elonmusk) February 22, 2018
Despite the major boost Bitcoin got from one of the world’s top tech visionaries in today’s crypto news, the digital currency is still trading red.
>> Cryptocurrency Bull Run: An Improving Economy Encourages Gains
Binance Launches Testnet for Decentralized Exchange
Another big piece of crypto news comes from the world’s most used digital cryptocurrency exchange, Binance.
#Binance Chain and the Binance DEX have now entered public Testnet phase at https://t.co/21Ewda56TO
Check out the below links to help you get started:https://t.co/oZ6K9nwxGi https://t.co/XSR8iBx81g https://t.co/iPIoqeTUc8 https://t.co/DRUAMMALcw https://t.co/DYQ27ltEeU pic.twitter.com/zaGrqqxZoY
— Binance DEX (@Binance_DEX) February 20, 2019
The new decentralized cryptocurrency exchange will be called Binance DEX. Per the press release, the exchange will be powered by Binance Chain and is already available for customers. Binance Chain is a new blockchain and peer-to-peer distributed system. Currently, customers are able to create wallets and start exchanging tokens on the new testnet.
Featured Image: DepositPhotos © kentoh
Author: Chelsea Roh
Source link
Your mode of explaining the whole thing in this piece of writing is truly pleasant, every one be able
to easily understand it, Thanks a lot.
Hello there, I found your web site via Google even as looking for a comparable matter, your web site came up, it appears to be like good.
I have bookmarked it in my google bookmarks.
Hi there, just changed into aware of your blog through Google, and located that
it’s truly informative. I’m going to watch out for brussels.
I will appreciate if you continue this in future.
Many other folks might be benefited out of your writing. Cheers!
With havin so much content and articles do you
ever run into any issues of plagorism or copyright violation? My blog has a lot of exclusive
content I’ve either authored myself or outsourced but it seems a lot of it is popping it up all over the web without my authorization. Do you know any solutions to help reduce content from being ripped off?
I’d really appreciate it.
Oh my goodness! Amazing article dude! Many thanks, However I am experiencing problems with your RSS.
I don’t know the reason why I am unable to join it. Is there anybody else having identical RSS problems?
Anyone that knows the solution will you kindly respond?
Thanks!!
Made to measure curtains… […]check out the sites listed below, worth a read for interiors and rugs enthusiasts[…]…
When visiting blogs, i usually discover a very good content like yours
I have learn several good stuff here. Definitely price bookmarking for revisiting.
I wonder how a lot effort you place to make this sort of wonderful
informative website.
Wonderful blog! I found it while searching on Yahoo News.
Do you have any suggestions on how to get listed in Yahoo News?
I’ve been trying for a while but I never seem
to get there! Many thanks
As the admin of this web page is working, no question very rapidly it will be famous,
due to its quality contents.
I take pleasure in, lead to I discovered just what I was looking for.
You’ve ended my 4 day lengthy hunt! God Bless you man. Have a nice day.
Bye
I’m really impressed with your writing skills and also with the layout on your weblog.
Is this a paid theme or did you customize it yourself? Either way keep up the nice quality writing, it is rare to see a nice blog like this one today.
I know this if off topic but I’m looking into starting my own weblog and was curious what all is needed to get setup?
I’m assuming having a blog like yours would cost a pretty penny?
I’m not very web savvy so I’m not 100% positive.
Any suggestions or advice would be greatly appreciated.
Kudos
If you want to grow your experience just keep visiting
this site and be updated with the most recent news update posted here.
We are a group of volunteers and starting a new scheme in our community.
Your website offered us with valuable info to
work on. You have done a formidable job and our whole community
will be thankful to you.
I wanted to thank you for this fantastic read!!
I definitely loved every bit of it. I have you book-marked to check out new stuff
you post…
This post is invaluable. How can I find out more?
We are a group of volunteers and opening a new scheme in our
community. Your web site provided us with valuable information to work on. You have
done a formidable job and our whole community will be grateful to you.
Hi there I am so glad I found your webpage, I really found
you by accident, while I was browsing on Aol for something
else, Regardless I am here now and would just like to say thanks for a fantastic post
and a all round entertaining blog (I also love the theme/design), I don’t have time to read it all at
the moment but I have saved it and also added in your RSS feeds, so when I have time I will be back to read more, Please do keep up the awesome work.
Having read this I believed it was really informative.
I appreciate you finding the time and energy to put this informative article together.
I once again find myself personally spending
a lot of time both reading and commenting.
But so what, it was still worth it! natalielise plenty of fish
Hey! I’m at work surfing around your blog from my new apple iphone!
Just wanted to say I love reading through your blog and look forward
to all your posts! Keep up the excellent work!
I do not know if it’s just me or if everyone
else encountering problems with your blog. It appears
as though some of the text within your content are running
off the screen. Can someone else please provide feedback and
let me know if this is happening to them as well?
This may be a problem with my browser because I’ve had this happen before.
Appreciate it plenty of fish natalielise
Saved as a favorite, I really like your web site!
Hi there to every one, the contents present at this site are truly amazing for people experience, well, keep up the nice work fellows.
Thanks for the marvelous posting! I truly enjoyed reading
it, you could be a great author. I will always bookmark your blog and will eventually come back
from now on. I want to encourage you to definitely continue your great job, have a nice morning!
Right now it appears like Drupal is the preferred blogging platform available right now.
(from what I’ve read) Is that what you are using on your blog?
Wow, fantastic blog layout! How long have you been blogging for?
you make blogging look easy. The overall look of your website is
excellent, let alone the content!