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Total crypto market capitalization has slipped yet again below the $200 billion. Cryptocurrency markets are declining. However, despite the bloodbath characterizing the entire crypto-verse, there are two evident survivors mercilessly slaying the bears. Chainlink (LINK) and Tezos (XTZ).


Crypto Cap Crushed Again

Meanwhile, the huge selling pressure took shape in Monday. Thereby accelerating to even high heights as of today. The market capitalization has also dumped another $4 billion. In fact, the weekly high of $206 billion has slumped more than $10 billion below- hence overwhelming crypto markets with the red line.

Nonetheless, Bitcoin is leading the declines with a 2.7% bottom out within the $7,150 price zone. It is worth noting how things have picked up a little towards the correction -; despite the fact that the general climate is certainly bearish.

Despite the bearish climate, however, few survivors are evident. Chainlink is at the edge of a bullish market having soared by at least 14% within the past few days.
LINK Lifting Off

The coin has risen from a low of as little as $2 , in order to top out at $2.30 per hour. Hence positioning the coin among the top performing altcoins of the season. Market Capitalization has surpassed the $800 million point. In addition to the volume soaring to at least $227 million.

Chainlink is currently sitting at position 16 on the crypto market cap chart. And could easily topple LEO from the 15th position. Furthermore, LEO is also among 2019s best performing digital currencies with a record pump of more than 700% since the start of the year.

However, exchange listings seem to be a key driving force for the coin’s momentum. For instance, Bittrex recently announced to list LINK on its exchange platform. 

Meanwhile, LINK is not the only coin floating around fun and joy in the crypto market. Other altcoins such as Tezos have an equal share of top notch perfomance. Tezos (XTZ) reached $1.55 after an upward movement by at least 10%.

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Total crypto market capitalization has slipped yet again below the $200 billion. Cryptocurrency markets are declining. However, despite the bloodbath characterizing the entire crypto-verse, there are two evident survivors mercilessly slaying the bears. Chainlink (LINK) and Tezos (XTZ).


Crypto Cap Crushed Again

Meanwhile, the huge selling pressure took shape in Monday. Thereby accelerating to even high heights as of today. The market capitalization has also dumped another $4 billion. In fact, the weekly high of $206 billion has slumped more than $10 billion below- hence overwhelming crypto markets with the red line.

Nonetheless, Bitcoin is leading the declines with a 2.7% bottom out within the $7,150 price zone. It is worth noting how things have picked up a little towards the correction -; despite the fact that the general climate is certainly bearish.

Despite the bearish climate, however, few survivors are evident. Chainlink is at the edge of a bullish market having soared by at least 14% within the past few days.

LINK Lifting Off

The coin has risen from a low of as little as $2 , in order to top out at $2.30 per hour. Hence positioning the coin among the top performing altcoins of the season. Market Capitalization has surpassed the $800 million point. In addition to the volume soaring to at least $227 million.

Chainlink is currently sitting at position 16 on the crypto market cap chart. And could easily topple LEO from the 15th position. Furthermore, LEO is also among 2019s best performing digital currencies with a record pump of more than 700% since the start of the year.

However, exchange listings seem to be a key driving force for the coin’s momentum. For instance, Bittrex recently announced to list LINK on its exchange platform. 

Meanwhile, LINK is not the only coin floating around fun and joy in the crypto market. Other altcoins such as Tezos have an equal share of top notch perfomance. Tezos (XTZ) reached $1.55 after an upward movement by at least 10%.

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Offtopic / Benefits of Blockchain for E-Commerce
« Last post by gchristophergloss on Today at 10:46:56 AM »
Blockchain For E-commerce businesses is becoming to have a huge impact in the digital world. Blockchain technology acts as the backbone of a special category of the internet. Holding a wide range of use cases across digital platforms and a lot more.................

Read More: https://blog.blockchainfirm.io/blockchain-for-e-commerce/
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In a recent interview, Chief Strategy Officer of the Human rights foundation, Alad Gladstein discussed the ongoing protests in Hongkong. He also threw light on how bitcoin could transform the urban protesting environment. Gladstein joined a human rights foundation that was a New York-based non-profit charity. Gladstein also mentioned that his experience on the ground made him believe that Bitcoin can do well and have a larger impact on the human rights scene. He also mentioned that it is going to decentralized the means of the production of money. Also, he stated that access to money will be astonishingly powerful. If you have been following bitcoin news then you will be up to date with these facts and relevant data.


Hongkong Ongoing Protest

Alad Gladstein also referred to Hong Kong’s ongoing protest that was in opposition to China’s extradition of the bill. Also, he mentioned that students used their prepaid card for making all the purchases. They did so, as they did not want to reveal their identities to the governmental agencies and other varied entities. Also, the students were lining up into the cues to utilize their one-time top-up card. After 15 to 20 years, when cash will become extinct then people will have trouble in fighting for their rights. While Bitcoin is an excellent technology, one can't consider it a cure-all.
Utilization of Digital Assets

Gladstein mentioned that digital assets can help in the decentralization of power. On the other hand, it was also mentioned by him that It will help to promote access to information and resources. Overall, Gladstein is very much optimistic about the future. And after all, financial privacy is essential for a healthy democracy. Eventually, they believe in a better society and aiming for a more optimistic future. Decentralization is quite important for the industry of Bitcoin and the same is believed by the people. Also, he mentioned that he very much believes that it will be a good society.

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Payments firm Bitpay has leaped towards stablecoins after announcing that it now supports the Gemini Dollar, Circle’s USD Coin (USDC) and Paxos to pay for goods to merchants onboard.
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Bitpay is a cryptocurrency payment platform that allows customers to pay for goods and services using digital assets. The service founded in 2011, allows crypto-checkouts for a lot of merchants globally. The buyers pay using crypto, whilst sellers receive fiat in their bank accounts Now the payments firm accepts users to pay using stablecoins protecting them from the volatility of cryptocurrencies.
Stablecoins Solve the Volatility Problem
Moreover, the introduction of stablecoins would solve the long-standing issue of transacting using digital currencies; high volatility. Bitpay had previously added stablecoin payments in areas with under-developed banking infrastructure. For the clients based in these areas, this is merely an improvement. The only other option would have been Bitcoin or Bitcoin cash.

In addition, Bitpay service is used to pay for services by thousands of firms like Avnet and Microsoft. Additionally, the users can use the service to transfer funds to other wallets as well as use it as a remittance service.  In addition to being effortless, using Bitpay is also cheap compared to traditional bank services.
Significant Increase in Stablecoin Adoption
Furthermore, the company gave a reason for adopting stablecoins. The firm claimed that it observed a significant rise in the adoption of stablecoins especially those pegged to the U.S. dollar. Additionally, they claimed that such stablecoins posses the liquidity of other digital assets and also have the stability of an already established fiat currency. Stablecoins have the reliability of the dollar and the efficiency of blockchain payments.

In conclusion, Bitpay initially supported only Bitcoin and Bitcoin Cash. The firm adopted Ethereum back in September this year and Ripple’s XRP a month later after a partnership with Spring.

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Ethereum is up 474 times from its ICO price of 0.31 cent apiece. Receiving such a hike in the growth of price was not expected. This sudden change in growth has been beneficial for many people. Besides bitcoin, ethereum was the only cryptocurrency that people were most familiar with. The hype culminated in a massive run-up. The investors are glad to see this rise. Many were not aware that Ethereum would raise after such a downfall. If you have been following Ethereum News, then you must be mindful of the changes in the price.


2017-2018 Records

Since 2017-2018, ETH from the single and double-digit to an all-round High of dollar 1400. The cryptocurrency remained up thousand of per cent from the prices it was trading at the initial days. The hike and downfall at a sudden speed has not gone well with some of the investors. This has been a difficult time for many people, but other investors are glad to see this percentage. Cryptocurrency rise and downfall have always been a matter of high speculation. This speculation can create an ample amount of misunderstanding between the investors and the business representatives. On the other hand, these things can also turn out to be beneficial in the long run.
Financial Upside Down 
Earlier this month, fortune revealed that Ethereum based finance platform lends people to lend and borrow assets. CEO Jerry Allaire mentioned that “ He will allow layer two scaling on Ethereum supporting. This will impact maintain decentralisation and privacy. Ethereum developers can begin to develop an application that is similar to their real-world counterparts. Investors have been still sitting at a copious amount of financial upside down. Rates that have dropped at such rate are always unpredictable. Overall, the matter of cryptocurrencies has always been a point of High concern as their rates are completely unpredictable.

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Global footwear brand Nike has just received a patent to tokenize shoes using the Ethereum Blockchain. A document posted on the United States Patent and Trademark Office and dated Dec. 10, describes the tokens for the shoes and how to use them. The shoes are tokenized as a non-fungible token (NFT) and named CryptoKicks.


Moreover, in the document Nike states that; it wants to generate unique IDs and create ERC 721 tokens for some footwear. Also, users can “unlock” the tokens by purchasing physical shoes and linking a 10-digit shoe identification code with the owner identification code to prove ownership. Additionally, the system aims to ensure the shoes are authentic. According to the patent:
“Prospective and current owners [...] may buy and sell digital assets through one or more blockchain ledgers operating on the decentralized computing system. [...] By way of example, and not limitation, a user may buy a new pair of highly sought after sneakers from a verified vendor who may provide authenticated provenance records for the sneakers. [...] After receiving the shoe box containing the purchased sneakers, the user scans the box UPC with a barcode scan feature in a sneakers app operating on the user's smartphone.”

Patent to allow users exert control over shoes and shoe design
Furthermore, presumably the patent will also allow the customers; to have control over their shoes and their shoe designs. For example, it highlights how users can exert the limit on how many copies of their shoes can be cloned. Also, Nike suggests that the creation of a token would be linked to shoe sale. Interestingly, this would allow users to know the scarcity of shoes in circulation. The document reads:
“When a consumer buys a genuine pair of shoes a digital representation of a show may be generated; linked with the consumer, and assigned a cryptographic token, where the digital shoe and cryptographic token collectively represent a ‘CryptoKick.”

 In conclusion, when a shoe is sold, the ownership of the digital asset can be passed along to the buyer. The tokens can be managed in a dedicated app that also aims to enhance brand engagement.

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Beginners corner / Re: THE FIRST LESSON FOR A NEWBIE
« Last post by mikeadams559 on December 10, 2019, 04:05:02 PM »
Well, you can learn all about crypto from the internet. Just Google it
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