Market Update 4.22.19 – Charity Campaign for Venezuelans Registered 60,000 Beneficiaries

| Publish date: 04/22/2019
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Charity Campaign for Venezuelans Registered 60,000 Beneficiaries

A charity campaign to help with the direct transfer of $1 million worth of cryptocurrency donations to people in Venezuela has registered about 600,000 beneficiaries that have been verified. The campaign has also raised $272,000 so far. It was the campaign’s leader, Professor Steve Hanke, who revealed this news on April 21 during an interview with National Public Radio.

Hanke, who works at the John Hopkins University as an applied economics professor, had served as the economic advisor to the former President of Venezuela Rafael Caldera from 1995 to 1996. This campaign, called Airdrop Venezuela, uses the existing e-wallet blockchain and banking infrastructure from AirTM, the Mexican startup.

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Serena Williams Reveals Investment in Coinbase

One of the greatest tennis players of all time, Serena Williams revealed in an Instagram post that she had invested in the major crypto exchange Coinbase. The revelation was actually about her venture capital firm, Serena Ventures, which she had secretly founded in 2014. In the post she listed some of the investments her firm had made, of which Coinbase was one.

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Her company’s website states that their portfolio included more than 30 companies that had a combined market capitalization of $12 billion. She did not specify how much Serena Ventures had invested in Coinbase.

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JP Morgan Expanding Services to Include Payments

JP Morgan Chase, the investment banking major is planning to expand its current Blockchain project to include payments services in a effort to keep competition from payments startups like Ripple and TransferWise at bay.

The project, called IIN (Interbank Information Network), which was set up in partnership with ANZ Australia, and the Royal Bank of Canada in 2017, currently lets more than 220 banking members to rapidly address payments that have mistakes or get delayed due to compliance issues. In traditional banking systems, such problems take weeks to get resolved.

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Total Market Cap: Apr 22

The valuation of the crypto market is right now at $179.11 billion and volumes of trade are pegged at $43.13 billion.

Bitcoin Price Analysis: Apr 22

Up another 0.72% since yesterday, the current price of BTC is $5323.90. Volumes of trade are at $13.67 billion and the valuation of the token is now $94.01 billion.

Ethereum Price Analysis: Apr 22

ETH has gained another 1.71% since yesterday, taking its price to $171.99. Capitalization of the token is at $18.19 billion and trading volumes are at $5.90 billion.

State of the Top 10 Cryptocurrencies: Apr 22

After seeing drops in trading yesterday, the cryptocurrency market is once more on the rise. The top ten most valuable cryptocurrencies, with the exception of Tether are trading positively. Binance Coin continues to lead the gains, with a 6.54% increase in its token price. Cardano is next, with a 3.91% jump in its price, and Bitcoin Cash is third with a 2.56% increase.

  • Bitcoin’s trading at $5323.90, up 0.72%. Right now, the valuation of the asset is at $94.01 billion.
  • Ethereum’s trading at $171.99, up 1.71%. Right now, the valuation of the asset is at $18.19 billion.
  • Ripple’s trading at $0.327073, up 1.95%. Right now, the valuation of the asset is at $13.72 billion.
  • Bitcoin Cash’s trading at $295.32, up 2.56%. Right now, the valuation of the asset is at $5.23 billion.
  • EOS’s trading at $5.23, up 0.55%. Right now, the valuation of the asset is at $4.74 billion.
  • Litecoin’s trading at $77.16, up 1.23%. Right now, the valuation of the asset is at $4.74 billion.
  • Binance Coin’s trading at $24.62, up 6.54%. Right now, the valuation of the asset is at $3.47 billion.
  • Tether’s trading at $1.01, down 0.25%. Right now, the valuation of the asset is at $2.59 billion.
  • Stellar’s trading at $0.113222, up 1.22%. Right now, the valuation of the asset is at $2.19 billion.
  • Cardano’s trading at $0.075853, up 3.91%. Right now, the valuation of the asset is at $1.96 billion.
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