Visa CEO: Crypto Doesn’t Challenge Our Hegemony in the Short to Medium-Term
With the transaction rate as high as 10,000 TPS regularly & 60,000 TPS in peak time, VISA stands tall feeling no threat from cryptocurrency at this moment. At least that what VISA CEO Al Kelly says.
When asked “Crypto [is] a real challenge to Visa’s hegemony in this business,” Kelly told Mad Money host Jim Cramer that it was “certainly not in the short to medium-term in any way.”
Kelly doesn’t think that cryptocurrencies is a big threat. At least the way we are treating it right now, is making the true potential of cryptocurrency behind a fog.
According to Kelly, crypto needs to “move from being a commodity to really being a payment instrument” before it can become a real competitor to the conventional financial system.
Here’s the full story on this…
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 26
If you’ve been following Bitcoin price, you’d know that it’s hovering around $6500 for a while now. Some say its price is being influenced, some say it’s just the market tide. What ever the case be, Bitcoin price is affecting the whole market.
That being said, here’s a detailed price review on top performing cryptocurrencies against USD.
Note: This analysis is for Oct 26th, read it while its fresh.
Binance Introduces Blockchain-Based Donation Website at UN Conference
“Charity begins at home, and justice begins next door” Charles Dickens
Binance made this real. Binance has revealed about its social project for the betterment of world. The project is named “The Blockchain Charity Foundation”
The donation project was announced Wednesday, Oct. 24, during the World Investment Forum organized by the U.N. Conference on Trade and Development (UNCTAD) in Geneva, Switzerland.
Read the full story on this here.
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