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Blackmore Group CEO: Crypto Will Become the Alternative to Money
Phillip Nunn, CEO of The Blackmore Group and Wealth Chain Group, believed that the crypto will become the alternative of money.
According to him, inflation becomes hyperinflation when the increase in money supply turns specific areas of pricing power into a general frenzy of spending quickly before money becomes worthless. This is already happening in certain countries and will spread. Therefore, he insisted that the crypto will become the alternative
OKEx Supports ETH's Hardfork
According to the official Twitter of OKEx, it will support the Ethereum (ETH) Constantinople hard fork and handle all the technical requirements.
Equity Fund CEO Shuns Bitcoin in Favor of Basic Goods
The CEO of investment house Gateway Partners, Viswanathan Shankar reports that he shying away from Bitcoin and cryptocurrency investments in 2019 in favor of pursuing more traditional investment strategies, including basic goods and services.
Shankar further elaborated that his philosophy for investment would focus on "basic goods and services and the middle class." a direction that would not include Bitcoin and cryptocurrency. Shankar, who is the former director of Standard Chartered group, is reportedly leading the private equity company to ventures in the United Arab Emirates, Saudi Arabia and Egypt with its first $757 million fund.
Fortnite Merch Store Now Accepts Monero
On New Year's Day, rumors began to circulate around crypto's segment of the internet that Fortnite, the world-renowned "Battle Royale" video game, had begun to accept Monero(XMR) for branded merchandise.
CoinNess.com Market Index: XMR, $0.359, +1.8%.
'1 ETH' Topped All ETH DApps by Transaction Volume Last Week
According to DappRadar, in the last week of 2018, high-risk DApp 1 ETH topped all of the ETH DApps with an overall transaction volume of 10,144 ETH. The second the the third go to FCK and Etheroll, whose transaction volume read 8,429.32 ETH and 6,683.15 ETH respectively.
The top three EOS DApps by 7-day transaction volume are: Dice (36,062,715 EOS), Chintain (6,479,393 EOS), pokerEOS (5,921,153 EOS);
The top three Tron DApps by 7-day transaction volume are: TronVegas (1,576,024,286 TRX) GOC DEX (125,638,966 TRX), TRONDice (91,067,071).
Bitcoin Wallet Users Go Beyond 31 Mln Now, Up by 10 Mln Within Two Years
Data from blockchain.com shows that since the start of 2017, Bitcoin wallet users have increased from more than 21 million to over 31 million, suggesting a 10 million or an almost 50% growth so far.
By the time of writing, the world's largest cryptocurrency marks $3,740.22, losing 2.17% of its value in the past 24 hours, but still holding a dominance of 51.8% in the broad market with its 24h trading volume reaching $4.48 billion and the market cap being $65.28 billion.
Crypto Market Sentiment on Jan. 1: Market Sees More Fear
Citing statistics from alternative.me, Fear & Greed Index currently reads 24, two units lower than that of yesterday, taking more confidence out of the crypto market. As per the index, a value of 0 means "Extreme Fear" while a value of 100 represents "Extreme Greed."
Dash's Zastrow: Cryptocurrency Criticism Fair Until Real Usage Achieved
Bradley Zastrow, Dash Core Group's Global Head of Business Development, recently discussed the successes and pitfalls of the current cryptocurrency ecosystem and how it can be improved further.
"That criticism is fair in many cases, and the ICO explosion of last year is a great example where there was a lot of junk or ideas with non-viable business plans. Dash, however, is different. We have real-world use cases, such as our Kriptomobile partnership which provides a fully loaded Dash mini-ecosystem on low cost Android smartphone for Latin America markets," Zastrow claimed.
For details of Zastrow's opinions
Ethereum Unconfirmed Transactions Are Decreasing
Citing data from Etherscan, the current Ethereum unconfirmed transactions are 56,824. The network is less jammed.
CoinNess.com Market Index: ETH, $138.70, +0.58%.
BTC Dropped by 2.7% Within 5 Mins
Market Index shows that BTC dropped by 2.7% within 5 minutes. BTC currently marks $3798.00 on Binance.
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Market Surveillance December 30
BTC fluctuates around the $3,880 level, with its global average price being $3,883.97.
The broad market is experiencing a downward trend, with 60 cryptos out of Top 100 by the market cap dropping.
The global market cap marks $121.82 billion, and the 24-hour trading volume is $15.50 billion.
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