// Binance BNB hits ATH
// Bitcoin soars in Brazil
// Serena Williams invested in Coinbase
As seen on CoinMarketCap, Bitcoin (BTC) has decreased by 1.18 percent. Ether (ETH) still maintains its “second in command” status, and it’s currently losing by 2.54 percent. Now, if I scroll down to the top 20, TRON has decreased by 5.11 percent, while Ontology fell by 8.15 percent.
Now onto the news! According to a report by Bitcoinist, Brazil, the world’s ninth largest economy has been hit by a massive inflation rate of 4.5 percent, forcing numerous residents to latch onto the Bitcoin (BTC) bandwagon.
Coincidentally, Cointrader Monitor revealed via a tweet that local crypto exchanges had traded over 100K BTC on April 10, 2019. Interestingly, it appears the trend will not end anytime soon, as data from Coinlib has shown that more than $315 million in Brazilian Real have been converted into bitcoin over the past 48 hours.
Now, onto the second news item for today! Serena Williams has revealed that her venture capital firm pouring funds into a vast array of promising startups, including Coinbase, a leading U.S.-based cryptocurrency exchange. Though nascent and seemingly unregulated, several high net worth individuals firmly believe in the potentials of bitcoin and other digital assets and at this rate, it is safe to say that virtual currencies are here to stay!
Now, onto the third news item for today! The Binance altcoin’s recent all-time-high (ATH) milestone has got all crypto enthusiasts talking.
With numerous robust projects under its umbrella, including Binance Labs, Binance Launchpad, Binance Chain and others, the Binance ecosystem has a lot to offer to the world and it won’t be surprising to see the platform’s native BNB Coin hitting the moon shortly.
So what are your thoughts on this situation?
Are you confident that Bitcoin has all it takes to help Brazil, Argentina, and other nations beat the rising inflation rate?
Will Serena Ventures success story attract more institutional investors to cryptos? And What are your thoughts about the latest $23 ATH of BNB Coin? Can the price of BNB hit $100 this year?
Let me know what you guys think below, If you liked the content please subscribe and watch our latest videos. It’s Cindy with CryptoPig, Catch you guys around!
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