Bitcoin is the top ranked coin in the market. A boost rate of 3.53% was noted in the course of the past 24-hours. The trading volume recorded is $22.262 billion, while the supply has 17,879,100 BTC tokens in play. The total market cap of Bitcoin is $185.306 billion. At present, BTC is priced at $10,364.39. The BTC dominance rate rests at 68.8%.
Andreas Antonopoulos, a long-time proponent of the king coin, will soon release a brand-new book, “Mastering Lightning”. This will focus on the Lightning Network, which aims at improving the scalability of the Bitcoin network.
His earlier works “Mastering Bitcoin” and “Mastering Ethereum” were well-received by members of the community.
Today we are announcing the sale of our Institutional Custody Business to Coinbase.
— Wences Casares (@wences) August 16, 2019
Coinbase is a leading exchange with around $7 billion in Assets under Custody [AUC]. The deal involved $55 million, says an early report. Xapo has specialized in cryptocurrency storage for the last 5 years.
Every 10 year old only knows a world with bitcoin in it. When they start saving, which one will they choose?
1. Download wallet
3. Parents info
4. Hidden fees
5. Initial deposit
6. Proof of address
7. Unreadable legal docs
8. Waiting a week for funds
— Rhythm (@Rhythmtrader) August 15, 2019
Bitcoin adoption has increasingly grown in a span of months. A day ago, the king coin alongside most of the altcoins were dominated by the sellers, but has since recovered. Analysts say that the next bull run may bring BTC to new heights, even though the growth in the market has been gradual so far.
Craig Wright, the fraudulent man who claims he is the real “Satoshi Nakamoto”, has been criticized by a federal court in Florida. Craig is currently dealing with a $10 billion lawsuit against him filed by members of Dave Kleiman’s family.