Crypto News: IBM, Stellar Lumens, Switzerland, Bitcoin, Ripple, Binance

by birtanpublished on August 15, 2020

Hello descriptive cones and welcome to another video in my news series in which I'm working the most interesting news that happened in the cryptocurrency world recently so today's 25th of March and as always thank you very much for watching this video I do

Hope it's gonna be useful so first of all we have the market situation we just got boring to be honest no major movement this week Bitcoin do we move at all most of the outcomes lost a little bit

Of value but nothing too significant as you can see for example in Syria – 2 % Ripple – three years – three there are few increases for example violence which I'm gonna talk more about in a bit and also region has been doing quite well

This week but overall pretty boring now a lot of analysts do agree that we have reached the bottom obviously it's not financial advice but just a an opinion of majority of people but it might be a long time before we actually see any

Type of drastic increases I do think we'll potentially go sideways for quite a while just my opinion though then as for the actual news the first one is about IBM which has created a real-time Global

Payments network to support cross-border transactions and foreign exchange in more than 50 countries using digital assist also known as cryptocurrencies obviously or stable coins now this is something that I have been looking into

For a while obviously star lumens is the IBM coin as you could probably call it now the IBM doctrine world wire will help financial institutions to improve the services that they deliver to their consumers by optimising and accelerating

Foreign exchange curveball repayments and remittances now if it's something familiar it probably does because it's quite similar to ripple I was basically a competition to ripple now it is using these star protocol

Answers as a network provider for international payments enabling point-to-point money transfer free of any complexities of conventional banking so it's kinda like a banking on the blockchain using these stellar now the

Network is using lumens obviously which is the native asset of the Style Network but they will look to introduce new cryptocurrencies that could include Bitcoin or a serum for exam overall probably the best news for

Starter lumens but also pretty good news for cryptocurrencies and IBM has been looking into cryptocurrencies for a long time now because they need to look at the new ways to expand the business which is not doing that well in the last

Few years so I'm very bullish on this news I think it's a good news for cryptocurrency bad news for April possibly but still good news for capital anyway they have news about Switzerland and both coins of the digitech galaxias

Group if it doesn't sound familiar it's because it's mostly known in Switzerland now it's an online retail store kind of like in Amazon and they announced today that it's two web platforms with accept payments in cryptocurrencies it concerns

The popular Bitcoin but also half a dozen of other cryptocurrencies as well now that means users will be able to pay for cars exceeding 200 francs so you do have to pay quite a lot of money how to I should be able to use crypto but it

Will work through a third-party service called cornified I mentioned it few times in the past because they have been quite busy with getting new partners on board now the Denmark shut up would convert crypto payments to Fiat in real

Time so that means the actual people that accept cryptocurrency I gave the merchants what we protect it from the cryptocurrencies volatility which is good for the business and the coins accepted will be Bitcoin initial

Obviously Bitcoin bitcoin card Bitcoin is we a Syrian rip abundance right intron obviously go and you know something interesting selection pretty random one I disagree of some of the choices but overall it's a steady

Different selection on the retailer employs around 1,300 people so it's pretty bakery terror obviously not the size of Amazon but pretty big never device they do have ten stores as well as telephone orders and online

Distribution and in 2018 therefore revenue of almost 1 billion Swiss francs quite a lot of money it is certainly a good step towards crypt adoption even though it's a very specific you know the localized adoption it's still good and

Ampersand is trading for the fact and for the time for Amazon merger subscription because that will be ultimately the biggest thing for cryptocurrencies then you serve a trip for which already

Mentioned this video but it's very bullish this time so reporting gaming fans so the company behind the ripple has announced plans to integrate the auction technology into video game is something that already other products do

But still good nevertheless if as to facilitate development on the project people will be working with Forte which is a startup founded this year and back by coinbase ventures Battery Ventures and other prominent Silicon Valley

Investors so they're pretty they are pretty good funding amongst other things that go of the projects will be to bring greater efficiently efficiency to in-game marketplaces using a blockchain technology sounds familiar

Humm the current methods used by players to trade in-game assets are often legally questionable and sales take place using third-party services such as mostly eBay now starting gaming skins as well as in-game currency seems like a

Perfect use case for box in my opinion and recent success of engine which is probably the most popular projects kind of specializing in this section proves that there's plenty of demand for this section and it has increased in value

Quite a lot recently because of the 1 may is a hundred million developer fund we could see another widespread use case for the much-hyped technology a blockchain which I do think is perfect for this use case last news

Is about violence and their launch pad token sale format being updated so on 24th of March Madness has a recent update on the bargain so Japan token sale format in order to summarize it basically the next balance torch what

Token launch will be conducted as a lottery so it's gonna be different and currently the first comes the first serve the number of tickets he can claim depends on the amount of being be you hold over 20 day period which explains

Why balance coin has been doing so well recently eyes up to maximum 5 tickets for that you need to have 500 BMI coins they made mommy's hundred b-because coins that gives you one lottery ticket and not a con remember what exact price

For one it's quite a lot money actually to get a lottery ticket so it does a favor rich people now the luxury driver we don't really transparent from the system every random

Selection of lottery tickets based on tail digits account verifcation origin know the customer and country restrictions or still apply as always now you do I think it's 100 – coin is like a sixteen hundred US dollars

Something like that I think so it's still a lot of money since balance knows what project has been successful in the past it wasn't surprising that the people are buying – going in order to get more lottery tickets I personally

Hold somebody's calling mostly for the referral bonus imbalance and also for decrease the fees decreased fees imbalance so I'm good happy with it I think I still think balance is possibly probably I think it really is the best

Exchange currently so anything that increases the balance coin is obviously good now the actual lottery format might be controversial to some people but I do think it's def most fair format now it's quite questionable the prices for the

Tickets but still it's something that you just have to hold so any potential increase in value anyway so it's not really we don't bind the tickets you're simply you could say getting the tokens to get tickets as a bonus thank you very

Much for watching I do hope that was useful and subscribe for more ideal lovely church and bye

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