The price of bitcoin has continued to see signs of improvement, with a further 2% rise in value over the last 24 hours.
Most other major cryptocurrencies have also seen positive market movement, albeit marginal. Litecoin, dogecoin, peercoin, namecoin and darkcoin all rose in value by between 1% and 4.5% since yesterday.
The biggest mover across all markets is scotcoin. The unofficial national cryptocurrency of Scotland saw its price surge by over 100% to take its market capitalisation above $50,000.
A Ghana-based charity has launched a bitcoin donations hub to help fight the recent outbreak of Ebola in West Africa.
Bitcoin Against Ebola was set up by BeamRemit with the intention of reducing the amount of money lost to fees through traditional fiat currency donations.
“We just couldn’t stand the fact that over 15% of the money charities were sending to Sierra Leone to help their country was being spent on transaction fees,” Falk Benke, chief technology officer of BeamRemit, told HumanIPO.
“People send us Bitcoin and we convert it to the local currency (SLL) and put it into the Splash account of the recipient. This can be individuals and charities featured on our website.”
Bill Nye ‘The Science Guy’ has spoken about the future of bitcoin and cryptocurrencies in a recent Reddit AMA (ask me anything), saying that he would like to have bitcoin in his analog watch.
When asked for his opinion on bitcoin and cryptocurrency in general, Nye said: “If it’s not bitcoin, it’ll be something. The future of comerce is going to be all electronic.
“The gold standard was a fine idea, but electronic changes of funds and credits will be the future. Speaking for myself, I want bitcoin in my analog watch, somehow, someday soon. But I want an analog watch. Not everybody wants that. It’s not for everybody!”
Article By IBTimes
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