Litecoin drew attention to itself this week. “Digital silver” authority is still high enough, the crypto currency exceeded $50 easily.
Trading revived in mid-February, 2019, volatility and the demand for digital assets came back to the market. Although most of markets see the bear trend at the moment, Litecoin stands apart in this regard and just does its part. It’s a good trend for a crypto currency which many of investors abandoned some time ago.
Litecoin price saw the bull run one more time over the last 24 hours which lead to 5.5% increase. LTC maintains at the level of $51.11, and, evidently, it isn’t going to be corrected. The asset increased 20% over the last 7 days Litecoin trading volume increased considerably. Trading mostly occurs on OKEx and DigiFinex. As News.8btc.com reports, increased demand on the part of Chinese investors may turn out to be the reason of asset price’s growth.
Taking into account all of the aforesaid, Litecoin may be considered as one of the most promising markets, pulling away from its closest follower – Bitcoin Cash.

The leading crypto currencies’ trading volume increased to the levels they had when the price was at the peak. Trading volume used to be lower than now during 2018.
Liquidity of two largest crypto currencies by capitalization hits its record in February, 2019 — Ethereum performance increased 2,5 times since the beginning of the year, Bitcoin’s performance doubled. These coins’ trading volume came back to the levels of the first half of 2018 when the cost of the assets, as well as the level of interest to them were much higher, according to DataLight analysts’ information.
Up to date, daily trading volume in the crypto market is $29 billion, it has been lower during the previous year, sometimes it exceeded below $10 billion. Meanwhile, the record of $68 was hit on January, 5th.
According to CoinDesk analyst, the market revives, investors getting interested n digital money again. The expert whose nickname is Crypto Rand agrees with him who is sure that the capitalization shouldn’t fall below $100 billion in the near future (currently, it is $135 billion), the coins’ rates will keep growing.

The most popular crypto currency in the world – Bitcoin – increased in price a little. On February, 21st, remains close to $4000, according to Coinmarketcap.com.
Thus, Bitcoin increased 1,21% and is traded at the level of $3992.
The other crypto currencies are traded mostly in the green.
Ethereum rate increased 3,33% and now it is at the level of $148.
XRP increased by 1,61% and is traded at the level of $0,32.
EOS increased by 7,6%. One token costs $3,86.
Litecoin increased by 6,92%. The token is traded at the level of $51,25.
Crypto market capitalization is $135 billion now. Bitcoin’s share in the market is 51.7%.

Coinflex launched a crypto futures exchange. A new, Honk-Kong-based trading platform with leverage support is a product of one of the oldest crypto exchanges in Great Britain — Coinfloor.
Coinflex announced platform web site activation. Last month, it was reported that a trading platform is planning to offer Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) futures contracts backed by Tether (USDT).
Honk-Kong-based and regulated by Seychelles, Coinflex belongs to a consortium which includes Trading Technologies International Inc. and Dragonfly Capital Partners. B2C2, Global Advisors, Alameda Research, Amber AI, Grapefruit Trading, Coinfloor and its branch offices also partly own Coinflex.
Coinflex platform is headed by Mark Lamb . He explained that traditional exchanges have at least two, and, as a rule, three or four levels of intermediaries between the exchange and the client.
Traditional futures broker companies also usually want the client to be an individual or professional trader, experienced and wealthy.
Lamb claimed that he “fell in love with bitcoin because it was peer-to-peer and transparent”. He says that everyone has an opportunity to make transactions and almost anyone can sign up regardless to real wealth, geographic location, presence or absence of banking account.

Overstock CEO Patrick Byrne made a presentation at guest night, revealing blockchain investment prospects.
Speaking at an event hosted by an investment bank and broker company Oppenheimer&Co in New York, the CEO of one of leading US retail companies Patrick Byrne presented prospects of investing in blockchain, reports CoinDesk.
The public saw a range of slides showing author’s opinion on blockchain usage areas. Byrne started, reviewing traditional securities trading. In his opinion, structuring problems and huge amount of inaccuracy of the modern market make shares acquisition a doubtful thing.
He illustrated the situation in the market with the help of a joke: he company called Cede & Co owns all the corporate shares in America, and what you have is a contractual claim against a corporation, that has a contractual claim against another corporation, that has a contractual claim against DTCC, that has a contractual claim against Cede & Co. It’s all right, isn’t it?
Then Byrne claimed that blockchain improves transparency and reduces the need in trust to minimum can eliminated all the system risks in the market because people won’t be able to interfere with the process or be unfair.
Talking about it, he asked the audience to imagine a magic registry protected by cryptography, publicly available and transparent – deception is just impossible. He was sarcastic.
The specialist noted that currently there is a securities tokenization trend. The market may reach $914 billion in the future. In his opinion, problems of working with classical securities became a foundation of development for security token platform tZERO, founded by a retail giant Overstock.
Finishing his presentation, Byrne warned the investors saying that investing in blockchain is very risky.
The last phrase looks sarcastic against the background of the data provided by a specialist, reflecting irrationality of skeptical attitude of many financial area representatives towards wide opportunities of blockchain technology.

Bitcoin reached the level of $4000 and then dropped to $3.900.
According to СoinМarketСap, Bitcoin rate is decreasing. It decreased 0.45% over 24 hours and now it is $3,956, while its market capitalization is $69,4 billion.
Ethereum, being ranked second by capitalization ($15.2 billion), dropped in price by 0.39% over 24 hours. The crypto currency rate is $145,64.
The third crypto currency – ripple cheapened by 2,37% over 24 hours. Its rate is $0,321. Ripple capitalization is $13,2 billion.
EOS cheapened by 1,08% over 24 hours and its rate is $3,74. EOS capitalization is $3,3 billion.
Litecoin rate decreased 1.17% to $49,25 over 24 hours. Now, its capitalization is $2,9 billion.
The total crypto currency capitalization is $133.4 billion.

Maximum transaction limit is 5000 francs.
MyEtherWallet crypto wallet users can exchange their digital assets to fiat without verification due to cooperation with Bity service. This feature complies with anti-money laundering Swiss law, maximum transaction limit is 5000 francs.
Crypto-fiat exchange services are available for users who has banking accounts and international banking account number (IBAN) all over the world, reports Ttrcoin.
It is needed to press “Exchange” folder in to MyEtherWallet interface menu withdraw the funds via Bity as a service supplier. At the last stage, the user will have a enter details of banking account and the billing address.
MyEtherWallet claims that it doesn’t store the information and transfers it to Bity to comply with the laws.

According to СoinМarketСap, the crypto currency rates are increasing. The total crypto market capitalization is $135.5 billion.
Bitcoin keeps growing in price gradually, it increased 1.12% over the last 24 hours, its capitalization is $70.04 billion.
The second crypto currency – ethereum – increased in price by 3,25% over 24 hours. Its rate is $148.09 while its capitalization is $15,5 billion.
Ripple rate increased by 1,53% over 24 hours and at the moment it is $0.329 while its capitalization is $13.6 billion.
EOS rate increased 7,56% over 24 hours and it is $3,86. Crypto currency’s capitalization is $3,4 billion.
Litecoin increased in price over the last 24 hours, too. The crypto currency rate increased 6.4%, to $51,01. Its capitalization is $3,08 billion.

The head of the largest social network Facebook Mark Zuckerberg told about advantages of blockchain technology and laimed that it can replace Facebook Connect system.
Mark Zuckerberg Believes In Blockchain
He expressed this opinion talking to Harvard’s professor Jonathan Zittrain. Zuckerberg believes that blcokchain is able to bring full control over personal data back to people, saving them from intermediaries.
Nevertheless, Facebook CEO sees a considerable disadvantage of blockchain use. If people get 100% control over their data, no third party will be able to protect them. In such a case, if the users let data leakage happen, they will only be able accuse themselves. That’s the problem: Zuckerberg is not sure whether the society is ready for such a responsibility or whether they need third party’s control and support.
In opinion of Mark Zuckerberg, one more blockchain technology disadvantage is its low capacity. He noted that Facebook made huge amount of calculations and it will be just impossible to switch them to decentralization. However, blockchain is developing at leaps and bounds, and, maybe, an appropriate solution will appear in the near future.
If Facebook created blockchain solution, it would influence massive technology adoption and accelerate its global expansion. However, the rumors about development of Facebook’s own crypto currency grow more and more detailed, so, probably, Zuckerberg will probably surprise the crypto community soon.

Payment system which processes 15% of all transactions in Bitcoin network announced support of Justin Sun’s altcoin.
BitGo startup will support Tron token in the near future. The company doesn’t specify the timeframes, reports Cointelegraph.
At the moment, the service works with more than 100 digital assets and processes 15% of all BTC transactions, its monthly turnover is $15 billion. Project’s custodian solutions are used to store more than $2 billion worth of crypto currency.
Earlier, the company started providing insurance against theft or loss of private keys of wallets where up to $100 million worth of digital assets are stored.

The programmer published this assumption in his Twitter. Bitcoin forecast made by the vice president of blockchain and digital currencies for IBM Jesse Lund inspired him to post it.

A well-known programmer, MGT Capital Investments founder published a forecast according to which Bitcoin will reached $1 million by December, 31st, 2020: “People are waking up to the fact that Bitcoin will be $1,000 000. But when? “Someday”. “Maybe 5 years”. “WIthin a decade”. I’m the only one giving you a hard date: Dec 31st”.

He also attached a link to an interview with the vice president of blockchain and digital currencies for IBM Jesse Lund where there specialist says that bitcoin will cost $1 million sooner or later. Obviously, this publication encouraged the programmer to post his tweet.

To recap, earlier, John McAfee has already made a forecast, according to which, Bitcoin will reach $1 million in 2020, however, an exact date wasn’t revealed that time.

On February, 22nd, 2019, Friday, Bitcoin is shifting away from the level of $4000, the rates are going down.

The total crypto market capitalization decreased by $1.5 billion, to $133,173 billion. Bitcoin capitalization decreased to $69,312 billion.

On Thursday, Fbruary, 21st, BTC/USD rate is at the level of $3939. The price hasn’t changed significantly over the last 24 hours.

The main crypto currency is shifting away from $4000 after a leap in price. The rates of TOP-10 crypto currencies are decreasing, too, the total crypto market capitalization lost $1.5 billion over 24 hours.

Bitcoin Cash cheapened by 4.97% over 24 hours, to $140.17, its capitalization is $2,515 billion. Ripple decreased 3.9% to $0.302, while its capitalization is $13,271 billion. Ethereum decreased by 3.05% to $144.81, its capitalization is at the level of $15,256 billion, Ethereum remains ranked 2nd by capitalization. Bitcoin Gold cheapened by 6.01%, to $12.

The crypto market participants fix in profits, the rates are decreasing. The sellers will look for support at the level of $3800.

As it has already been reported, PayPal CEO Dan Schulman claimed that Bitcoin shouldn’t be considered as a real currency. He is skeptical about wide use of Bitcoin and notes that few retailers accept crypto currency.

But the technology behind the crypto currency is really valuable. According to Schulman, the crypto currency’s task is to show opportunities of blokchain technology.

The most popular world’s crypto currency – Bitcoin – decreased in price a little. On February, 22nd, Bitcoin rate remains at the level of $4000, according to Coinmarketcap.com portal data.

Thus, Bitcoin decreased by 0,45% and is traded at the level of $3972.

The other crypto currencies are traded mostly in the red.

Ethereum rate decreased by 30,53% and now it is at the level of $147.

XRP lost 2,12% and is traded at the level of $0,32.

EOS increased by 0,05%. One token costs $3,86.

Litecoin cheapened by 2,59%. The token is traded at the level of $49,71.

Crypto markrt capitalization is $134 billion now. Bitcoin’s share is 51.9% of the market.

Bitcoin rate remains at the same level.

According to СoinМarketСap, Bitcoin rate decreased 0.36% over 24 hours, it is $3,976. The largest crypto currency’s capitalization is $69.8 billion.

Ethereum decreased by 0,54% over the last 24 hours and decreased to $147,31. Crypto currency’s capitalization is $15.4 billion.

Ripple cheapened by 2.14% over the last 24 hours. Its rate is $0,322 while its capitalization is $13,3 billion.
EOS rate increased 0,4% over 24 hours and now it is $3,87. Crypto currency’s capitalization is $3,5 billion.
The fifth crypto currency by capitalization ($3,01 billion) Litecoin cheapened by 2,39% over the last 24 hours. Its rate is $49,85 now.

The total crypto currency market capitalization, at the moment, it is $134.5 billion.

Elon Musk who used to be positive about Bitcoin claimed recently that his company would not use blockchain and crypto currencies. According to him, digital currencies can become an excellent money transfer method, but they are not promising for Tesla and SpaceX.

Tesla Without Blockchain
Musk said in a recent interview that Bitcoin could replace real money, but, in fact, it wasn’t a reliable tool for making financial operators. Big companies shouldn’t use the technology because it is too young, its adoption may take many years.

Last year, Tesla’s head mentioned Bitcoin in Twitter post. According to him, the crypto currency hasn’t reached the level ensuring maximum possible security for its users yet. Later, he said it was a joke because he couldn’t imagine that the main coin would recover so fast.

Musk criticized the crypto currency industry again, but also highlighted several fundamental characteristics which make Bitcoin actual:
? Mining as an opportunity to develop the industry,
? Minimum costs,
? Usage convenience.

According to Elon Musk, the main disadvantage is absence of a clear user data security protection system.