Zorax Talks: Cryptocurrency in social media?

CryptoIndex
cryptoindex.io
Published in
3 min readMay 21, 2019

Hello, our CIX community! Today we will back to our rubric — Zorax Talks.

Today we discuss with you about the hottest news this week — Crypto Integration Allows 1.5 Billion WhatsApp Users to Send Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH).

What does it mean for the crypto market?

Using cryptocurrency in platforms such as Telegram, What’s up or Facebook can give a huge impetus to the development of cryptocurrencies.

Moreover, it is very convenient. Transfer any digital assets through bots inside the platform, that is, you do not need a laptop, only phone. The era of ordinary bank payments is coming to an end. From now on, you need to wait in line at the cashier. The era of mobile cryptocurrency payments through messengers is coming.

For third world countries, this is a huge possibility to get access to banks as quickly as sending SMS. Now wherever you are, you can always get access to your cryptocurrency wallet. Of course, the banks will not disappear at the moment, but now their role will not be raised to the absolute, as it was before.

Facebook and Libra Networks

Libra Networks, with Facebook Global Holdings as a stakeholder, was registered in Geneva on May 2 to provide financial and technology services and develop related hardware and software, plans submitted on the Swiss register reveal — says Reuters.

At the moment, the company has not commented on this news.

But the possibilities that this news brings are endless. Earlier, there was already news that the company plans to release its own stablecoin and apparently the registration of a crypto company is a confirmation of these words.

Conclusion

The Facebook audience has more than 2 billion people. Telegram audience over 250 000 000 and What’s up over 1,5 billion people. What happens if this audience gets closer to cryptocurrencies?

📈📉Gainers and Losers

Top 5 gainers 24h (USD)

Sociall +129.57%
Gifto +50.60%
ChainLink +12.64%
Zilliqa +11.75%
TrueUSD +10.52%

Top 5 losers 24h (USD)

Crypterium -18.22%
2GIVE -15.92%
ODEM -11.23%
Augur -4.32%
Dash -1.39%

Top 5 currencies to sell

Tezos (Pre-Launch) probability 93%
Verge probability 92%
Etherparty probability 92%
StarChain probability 91%
Eidoo probability 91%

Top 5 currencies to buy

ChainLink probability 88%
CoinMeet probability 88%
Hive Project probability 88%
Monero Classic probability 83%
VeriCoin probability 81%

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