#CryptoCorner: BTC Still Hot Going Into Weekend, Honeyminer Available for Mac, Litecoin Foundation Partners with Travala.com and Abra Integrates Plaid to Connect Thousands of Bank Accounts
Point Roberts WA, Delta BC, May 10, 2019 - Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .
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May 10 Crypto Corner
Stocks discussed: (NasdaqGS:AAPL)
As we enter another weekend the price of Bitcoin (BTC) continues to rise, clocking in at $6300 at press time, according to data from CoinMarketCap. This pushes total crypto market capitalization to $192 billion. Bitcoin is exhibiting stronger growth that the top listed altcoins, and consequently still enjoys a 58 percent market dominance with a market cap of about $111 billion. Ether (ETH) and XRP currently hold market caps of $18 and $12.5 billion, and are trading for $172 and $0.30, respectively.
Crypto mining app Honeyminer announced in a blog post yesterday that it is now available for download on Apple’s (NasdaqGS:AAPL) MacOS. The app uses a computer’s central processing unit (CPU) and graphics processing unit (GPU), running in the background and earning bitcoin even while the computer is idle.
Blockchain-based hotel-booking platform Travala.com has partnered with Litecoin (LTC) Foundation, according to an announcement yesterday. The deal allows users to save up to 40 percent on hotel bookings through Travala.com or Litecoin’s LoafWallet. This could serve as an important use case for Litecoin, and potentially crypto in general, as Travala.com boasts a reach of over 210 countries and territories and a portfolio of over 82,000 destinations. Charlie Lee, Creator of Litecoin and Managing Director of Litecoin Foundation commented:
“We are excited to work with Travala.com to make it easier for Litecoin users to #TravelWithLitecoin. Nothing aids mass adoption more than real-world use cases, and the opportunity to use a global currency like Litecoin to travel around the world is a powerful one.”
CoinDesk reports that crypto wallet and investment app Abra has integrated fintech service Plaid, which allows users to connect to accounts from thousands of banks in the U.S. This development means that users can have their bank accounts in the Abra app itself, allowing easier purchasing. The firm also revealed that, whereas previously users could only withdraw Bitcoin, Bitcoin Cash (BCH), Litecoin and Ethereum, withdrawal support would now be extended to all 30 of Abra’s supported cryptocurrencies.
Sam Mowers, Investorideas
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