Altcoins News

Story: A Single Cryptocurrency for the Whole World Will Be True in 10 Years

By Dan Saada

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Elon Musk at the “For your Innovation Podcast” stated, "Cryptocurrency is a far better way to transfer value than pieces of paper, that is for sure."

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He opined that the technology empowering cryptocurrency is quite brilliant.  However, he stated that Tesla would not be using crypto as it is not a great way to use the…

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Musk further added, "I think one of the downsides of crypto is that it, computationally is quite energy intensive.

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While Musk has friends who own crypto, he does not own any cryptocurrency.

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Jack Dorsey, the Co-founder of Twitter, a proponent of Bitcoin stated “The world ultimately will have a single currency and the internet will have a single currency.

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About 43% of Millennials believe in cryptocurrency than they do in stock markets. A recent study revealed that millennials overwhelmingly are big supporters of cryptocurrency.

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When commenting about the massive shift in trust among the millennials, Guy Hirsch, of eToro, stated

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“Immutability is native to blockchains, and that makes real-time audit to be sensible and cost-effective, and that is why millennials and Gen X perceive crypto exchanges as less…

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Traditional financial institutions have realized the interest of the young millennial investors, and they are therefore stepping into the cryptocurrency market in a big way.

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The bullish price momentum has settled down in the crypto market, and the price of the cryptocurrency is trending sideways.

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It has been seen that Ripple has moved about 73,200,000 XRP to an unknown wallet address.  Also, Bitcoin whales have been sending considerable sums to of BTC to "Bittrex,…

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Whale alert reported, “47,200,000 #XRP (15,795,851 USD) transferred from Ripple OTC Distribution wallet to Unknown wallet,”

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After months of apprehensive guesswork, the veil is now down.  Samsung has revealed its flagship phones.

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So for now, for most of the investors knowing how to own a cryptocurrency has become a significant accomplishment.

The Currency Analytics

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