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#Bitcoin is at risk of no longer being the biggest #CryptoCurrency. #Ethereum & #Ripple are rising.
[via Bloomberg: http://prs.pctvix.co/2sbFZNJ]

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A terrific, clear description of #blockchain, Crypto Currencies' underlying tech & its use cases (like #BitCoin)

πŸš€ @PerspectiveIX

Do you own any #CryptoCurrency?
πŸ‘ Yes
😐 What is CryptoCurrency?
πŸ‘Ž No
β€‹β€‹πŸ’° The Top Ten Cryptocurrencies

1. Bitcoin
2. Ethereum
3. Ripple

Bitcoin jumped back up over the $8,000 dollar mark on 13 April 2018. As this infographic shows, while #Bitcoin is by no means alone in the world of #CryptoCurrencies, it is by far the most valuable #CryptoCurrency, with a total market cap of over $133 billion.

According to figures from CoinMarketCap, #Ethereum is the closest alternative, but with only $49 billion.

πŸš€ @PerspectiveIX
πŸŒ€ ⁣http://prs.pctvix.co/TelegramIX

❓ Do you own any cryptocurrency?
πŸ‘πŸ» Yes
πŸ€” Not yet, but thinking about buying some
πŸ‘ŽπŸ» No, and I'm not interested at all
β€‹β€‹πŸ’° With at least $1.3 billion invested globally in 2018, VC funding for blockchain blows past 2017 totals

πŸš€ @PerspectiveIX
Read more at t.me/iXNews/25659

Do you own any #CryptoCurrency?
πŸ‘πŸ» Yes
πŸ˜… No, but I'm thinking of buying
πŸ‘ŽπŸ» No, not interested at all
β€‹β€‹πŸ’° Libra: Facebook confirms its cryptocurrency launching in 2020

#Libra is designed not to be a speculative asset, like #Bitcoin, but a form of digital money backed by a reserve of assets.

The company has formed the nonprofit Libra Association with 27 other partners to oversee Libra and its development. The partnership includes venture capital firms, nonprofit organizations, #cryptocurrency firms, and massive corporate financial, telecommunications, and technology service providers, including #Coinbase, #Mastercard, #Visa, #eBay, #PayPal, #Stripe, #Spotify, #Uber, #Lyft, and #Vodafone.

While the Libra Association will have members based globally, it will be headquartered in Geneva, SwitzerlandπŸ‡¨πŸ‡­

Facebook has a business incentive to build on top of the Libra #blockchain, and it’s launching its own subsidiary to do just that called #Calibra (see the GIF below - Credit: Facebook). According to Kevin Weil, Facebook's VP of Product, Calibra will live inside of Facebook Messenger and WhatsApp at launch, but will also have a standalone iOS and Android app.

πŸ”— Read more the Verge.
πŸš€ @PerspectiveIX
⚑️ Bitcoin Uses More Electricity Than Switzerland

Among other things, #Bitcoin has been criticized for price volatility, use in illegal transactions and thefts from exchanges. It has also proven highly controversial for the sheer amount of energy it requires. The University of Cambridge has released a new online tool that estimates the level of electricity the #CryptoCurrency network uses and compares it with other entities.

It estimates that Bitcoin uses 61.76 terawatt-hours (TWh) of electricty per year, more than many countries and around 0.28 percent of worldwide electricity consumption.

The Czech Republic πŸ‡¨πŸ‡Ώ consumes an estimated 62.34 TWh while Switzerland πŸ‡¨πŸ‡­ consumes 58.46 TWh annually by comparison. In fact, if Bitcoin was a country, it would be the 41st most-energy-demanding nation on earth.

πŸš€ @PerspectiveIX via Statista.
Forwarded from πŸ“° [ ix daily ]
πŸ“° Tech, Media, and Business News Headlines β€” Day 1


πŸ‘‰ #Intel unveils 10th-gen desktop CPUs, including 5.3GHz flagship (link)


πŸ‘‰ #Zoom admits it doesn't have 300M DAUs, quietly correcting the claim in its original blog post to 300M β€œdaily Zoom meeting participants (link)


πŸ‘‰ #Telegram postpones the launch of its TON blockchain for a second time, pushing the go-live date to April 2021, and offers to return $1.2B to investors (link)


πŸ‘‰ Andreessen Horowitz raises $515M for its second fund dedicated to #cryptocurrency and #blockchain investments and holdings (link)


πŸ‘‰ #Apple Q2: $58.3B revenue, up 1% YoY; $44.9B from products, $13.35B from services; net income of $11.25B (link)


πŸ‘‰ #Amazon Q1: $75.5B revenue, up 26% YoY; net income of $2.5B, down from $3.6B in Q1 2019; $10.2B from AWS revenue, up from $7.7B YoY (link)


πŸ‘‰ #Twitter Q1: sales up 3% YoY to $808M; net loss of $8M due to COVID-19; mDAUs hit a record 166M, up 24% YoY (link)


#️⃣ #EarningsCalls

πŸ“° @iXDaily via @PerspectiveIX
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