Litecoin prices surges ahead of hardfork.
The Litecoin price has advanced 112% from its low on Febuary 6th of $106.94 ahead of the hardfork that is scheduled for this weekend. LTC is currently trading at $219.17.
It looks like Litecoin is leading the recovery of the cryptocurrency market.
Right now the overall market capitalization figure stands at $466.110.310.411 the higest level since the beginning of Febuary. This also marks a 68% rise in the market cap from the low of $276 billion valuation we saw on Febuary 6th.
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Five banks in the Philippines are grouping together to use Visa's blockchain-based payment platform.
As part of a new arrangement, the Union bank of the Philippines (UnionBank) will assist four unnamed rural banks that are seeking to boost the efficiency of their payments processes by building a local platform base on top of Visa's B2B Connect system. UnionBank is the first bank in the Philippines to use B2B Connect.
Coinbase adds a new Commerce Platform.
The biggest hurdle many merchants face are the amount hoops they must jump through to process transactions and get their money.
Coinbase have recognised this barrier and have developed a new platform called Coinbase Commerce. It works very much in the same way PayPal does and many see this new service being provided by Coinbase as being exactly what is needed to win over scepticle merchants.
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