The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Wall Street Analyst Says Bitcoin, Ethereum, Ripple and XRP Threaten Financial Giants – Plus Litecoin, Tron, EOS, Cardano: Crypto News Alert

by Daily Hodl Staff
February 28, 2019
in Altcoins

From crypto’s potential impact on some of the world’s largest payment companies to Square’s big push to bring Bitcoin to the mainstream, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin, Ethereum, Ripple and XRP

In a new note to clients, MoffettNathanson analyst Lisa Ellis says Bitcoin, Ethereum, Ripple and XRP could have a major impact on incumbents like Visa, Mastercard and PayPal.

“As progress is steadily being made to address shortcomings and compelling use cases emerge – like crypto as an alternative to fiat currency in high-inflation economies – the threat should not be ignored.

Cryptocurrency systems (e.g., Bitcoin, Ethereum, Ripple) are potentially disruptive to private payment systems. Their core design characteristics – which are aimed at enabling ‘freedom of money’ – are in direct contrast to the characteristics of most traditional, private payment systems.”

As reported by Bloomberg, the note also specifically points out the impact that Ripple’s use of XRP could have on the cross-border payments industry.

“Another more imminent concern is the risk of ceding the cross-border person-to-person and business-to-business payments markets to players such as Ripple and Veem that are leveraging crypto, which is particularly well-suited for these kinds of payments.”

Bitcoin

Square just revealed its quarterly earnings, showing the company sold $166 million worth of Bitcoin in 2018.

The amount of BTC sold by the company increased each quarter, reaching a high of $52 million sold in the fourth quarter of last year.

Consolidated Statements of Operations

Source: Square: Q4 2018 Shareholder Letter

Tron

Leading crypto exchange Binance hosted an ask-me-anything with Tron CEO Justin Sun on Telegram.

Sun talked about the company’s strategy for integrating the Tron network with the file-sharing platform BitTorrent. Sun also talked about BitTorrent Token’s six-year schedule of airdrops, Tron’s upcoming hard fork and more.

Thanks again for joining and asking sooo many questions ? Looking forward to sharing more updates very soon! Congrats to the winners ? $BTT #BitTorrent $TRX #TRON https://t.co/rfcIZDdmS3

— Justin Sun (@justinsuntron) February 27, 2019

Cardano

The Cardano Foundation also hosted an ask-me-anything about the future of the platform. Chairperson Nathan Kaiser talked about the foundation’s agenda and Cardano’s development, and how Cardano’s native cryptocurrency ADA compares to Bitcoin.

Earlier this month, Cardano Foundation opened a call for questions, which was an opportunity for the community to ask questions for the Foundation. Read the questions and answers here: https://t.co/03y6rHbs8H

— Cardano Foundation (@CardanoStiftung) February 27, 2019

Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, EOS

Crypto exchange Zebpay just announced zero-free trading worldwide for the six leading cryptocurrencies it supports: BTC, ETH, LTC, XRP, BCH and EOS.

There are no minimum requirements for investors, and no limits to the amount of trades investors can make per day. The exchange currently supports 131 countries.

“The ethos of the Crypto space is all about empowering individuals through decentralization. In this scenario, we strongly felt that it wasn’t fair to tax the actions of these empowered individuals. That’s why we got rid of the trading fee entirely. No maker-fees. No taker-fees.”

[the_ad id="42537"] [the_ad id="42536"]
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Narwhal Finance Secures $1 Million in Seed Funding Led by Animoca Ventures
    March 24, 2023
  • Sports Prediction App Pooky Launches Full Version of Its Play-and-Earn Game
    March 23, 2023
  • StormGain Launches StormGain DEX for User-Friendly Decentralized Crypto Trading
    March 23, 2023
  • KyberSwap Announces First-Ever ARB Token Liquidity Pools, Liquidity Mining and Trading Campaigns on Arbitrum
    March 22, 2023
  • Metacade Presale Hits Final Stage Before Listings, Raising Over $500,000 in Under 24 Hours
    March 22, 2023
  • Yesports Launches the Largest Esports Marketplace for Gaming Expansion Into Web3 Alongside 40+ Partners
    March 21, 2023
  • Metatime Raises $11M in Private Funding To Enhance Web 3.0 Ecosystem
    March 21, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$27,643.41
$27,643.41
2.61%
Ethereum
$1,757.88
$1,757.88
3.46%
Cardano
$0.363434
$0.363434
1.43%
XRP
$0.451322
$0.451322
2.73%
Dogecoin
$0.075479
$0.075479
2.12%

Spotlight

  • Ripple Relocates 120,000,000 XRP After 35% Rally This Week: On-Chain Data
    March 22, 2023
  • Arthur Hayes Says Bitcoin Can Shatter $1,000,000 on Vicious Cycle of Fed Money Printing
    March 22, 2023
  • Bitcoin Flashing Remarkable Strength As Adoption Accelerates, Says Analytics Firm Glassnode
    March 22, 2023
  • Top Trader Says Bitcoin (BTC) Now in Clear Uptrend With New Breakout Pattern, Updates XRP Outlook
    March 22, 2023
NBX Warsaw Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl