A Little Bit Higher Now
A little bit higher now. And a little bit higher now. The crypto market continued to show consistent growth this week, gaining over $2.5B in the overall market cap. Led by Litecoin (18.63%), Binance Coin (27.50%), and BAT (18.03%), the market grew a healthy two percent over the week. As for the top three coins:
Bitcoin won the week with a 1.43% price increase. It continues to creep closer to the $4,000 mark.
Ethereum hardly moved, growing only 0.36%. The price remains just shy of $140.
XRP experienced a slight pullback of 2.57% inching toward $0.30.
Bye-bye, Visa. Hello, Bitcoin: Last week, Kroger, a prominent U.S. grocery store chain announced a store-wide ban on Visa payments starting in April. The move comes in response to Visa’s exorbitant processing fees, which are apparently making it difficult for the chain to maintain low prices for customers.
Bitcoin advocates were, of course, quick to swoop in. Anthony “Virus is spreading”Pompliano put in a request on Twitter for any followers to put him in contact with the Kroger executive team. And, Satoshi be damned, it actually worked. Pompliano followed up this week, informing the Twitter masses that he spoke with the Kroger digital team, and things look to be progressing. Bitcoin Lightning Network payments could be coming to a grocery store near you.
Denver to Try Out Blockchain-Based Voting: The mile-high municipal is planning to pilot a mobile voting app for its election in May. They’re making the blockchain-based app available to active-duty military and their eligible dependents as well as any overseas voters. Moving the absentee voting process to a mobile app improves on the tedious process of having to print out and scan all the required documentation. And overall, it should help to increase voter turnout.
The progressive voting effort is in partnership with Tusk Philanthropies, an organization on a mission to “advance mobile voting and anti-hunger programs around the country.”
People Saying Things
Dorsey, More Like Hoardsey: Bitcoin fanboy and Twitter/Square CEO Jack Dorsey is ensuring he’s on the right side of history when Bitcoin becomes mainstream. This week, on the Tales from the Crypt podcast, Dorsey revealed that recently he’s been gobbling up $10,000 worth of crypto each week, the maximum amount via Cash App.
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