Business
Taiwanese electronics company HTC has announced the presale of its widely-discussed blockchain smartphone, Exodus 1, the product’s official Twitter account reveals Oct. 23.The Exodus 1 presale was officially announced during the Web3 summit, taking place Oct. 22-24 in Berlin. According to the HTC Exodus website, “early access” to the phone can currently only be purchased via Bitcoin (BTC) or Ethereum (ETH), and is available to 34 regions, including the U.S., U.K. and Hong Kong.From --------------------------------------------------------------------Ripple has recently hired a former senior developer at Google’s new wireless messaging service as vice president of products, Reuters reports Friday, Oct. 26.The U.S. tech company that backs the third top cryptocurrency by market cap, Ripple (XRP), has confirmed to Reuters that Amir Sarhangi is leaving his position at Google to lead Ripple’s global payments network, RippleNet. Sarhangi reportedly joined Google in 2015 when the tech giant acquired Jibe Mobile, a startup that he founded to develop technology for wireless carriers to implement rich communication system (RCS).---------------------------------------------------------------------------Major Hong Kong-based cryptocurrency exchange OKEx will delist over 50 trading pairs with weak performance, according to an announcement published Oct. 25.As per the announcement, at 6:00 am Oct. 31, 2018 CET, the exchange will halt the trading of a swathe of pairs that they cite as having weak liquidity and trading volume.“Getting listed is not final. Maintaining a good performance is the key to success.”-------------------------------------------------------------------------------The CEO of Dash Core Group, Ryan Taylor, told Cointelegraph in an interview Oct. 23 that central bank-issued cryptocurrencies are the “inevitable future,” but it will be people who “will decide what form of money they want to consume and use as part of their lives.”Speaking with CT during the Money20/20 conference, Taylor stated that central banks have certain advantages in issuing their own cryptocurrencies, but questions remain as to what form will it take and how the market will react. Taylor noted that the “free market can ultimately design the better money than the government,” underlining:Quote - “I do think it’s inevitable. They [governments] all are going — through either competitors’ pressure or through their own desires — to launch their own cryptocurrencies. But I don’t think it is where the greatest innovations will occur.”-------------------------------------------------------------------------------------------Mr. Thomas Lee, is a Fundstrat Global Advisors co-founder and a Wall Street analyst with over 25 years of equity research experience. He has consistently been ranked as the top institutional investor every year since 1998. Thomas Lee was one of the first “traditional finance” professionals that was talking about Bitcoin, and he is well-known for his positive attitude towards cryptocurrency.Some of his recent quotes are: “Ethereum will rally strongly up to $ 1,900 by the end of 2019” and “Bitcoin could end the year explosively higher,” referring to an upcoming Bitcoin and cryptocurrency market trend reversal.Total Market cap - $209 billionBTC Dominance: 53.7%Quote of the day for entrepreneurs.. Entrepreneur is someone who jump of the cliff and builds a plane on the way down ..