Coinbase Launches Crypto Visa Debit Card, DApp.com Releases Market Report on Decentralized Apps And Bitcoin Reaches New Yearly High As Crypto Market Sees Red — The Crypto2Cash Chronicle
Today’s dose of interesting and important crypto news, brought to you by the Crypto2Cash team
Coinbase Launches Crypto Visa Debit Card
US crypto exchange Coinbase has announced, that they have partnered up with payment service PaySafe and will be launching their new Coinbase Card. The card will be available in the UK and all EU countries and lets users convert their crypto balances to fiat instantly. Together with the Coinbase card app, users can select, which crypto balance they would like to spend and also receive instant receipts, transaction summaries “and more”. Coinbase further added that the card will support all cryptocurrencies available to buy and sell on their platform. The issuance fee for the card is £4.95 and Coinbase has not yet stated how high transaction fees will be.
DApp.com Releases Market Report on Decentralized Apps
DApp.com has recently released a market report analysing the blockchain ecosystems of the 4 biggest DApp chains- Ethereum, EOS, Steem and Tron- during the first quarter of 2019. Ethereum still is the most popular among developers, with more than half of all the newly listed DApps being built on their chain. However, Tron and EOS boast larger user bases, with more active wallets and more transactions recorded, most of them coming from the gambling sector. Tron also boasts the highest single day transaction volume, surpassing $91 million on March 15, way more than the historical record of Ethereum and EOS. Looking at all the analysed data, all four platforms have seen a good start of the year, with the price of the native tokens gaining in larger numbers, ecosystems diversifying and total activity increasing.
Bitcoin Reaches New Yearly High As Crypto Market Sees Red
Bitcoin, the largest cryptocurrency in total market capitalization, hit a new yearly high yesterday. The coin shortly spiked above $5,400, afterwards falling down to around $5,200 again. Most Altcoins have seen larger losses on the day, on average loosing around 4 to 5 percent. TRON saw it’s price decreasing the most, loosing over 8 percent in the last 24 hours. Top performer of the day was the Crypto.com Chain(CRO), gaining an impressive 33.66%, however the currency showed to be highly volatile in the past.
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