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Bitcoin news today (February 28): Still stunned, Ripple intensifies operations in Asia

The past few hours, the situation has not improved much, prices Bitcoin mainly fluctuates below US $ 8,900. And much of the cryptocurrency world is in the same situation.

Bitcoin price movement over the past 24 hours
Bitcoin price movement over the past 24 hours

Today's bitcoin exchange rate (February 28) recorded at 10:45 at US $ 8,851, up slightly by 1.44% compared to the previous 24 hours. The market capitalization of bitcoin remains at $ 161 billion, with market dominance (market share) of bitcoin at 63.9%.

In the morning session, the market was somewhat better than yesterday, with 96/100 leading currencies increasing by market value compared to the last 24 hours. In which the highest increase belongs to WAX with 20.90%.

Overview of the cryptocurrency market
Overview of the cryptocurrency market

In the top 10, except for Tether, all of them have recovered compared to the past 24 hours.

Top 10 cryptocurrencies by market capitalization
Top 10 cryptocurrencies by market capitalization

The total market capitalization of the digital currency recorded at 10h45 at $ 253.67 billion, an increase of $ 8 billion compared to the past 24 hours.

Total market capitalization of cryptocurrencies
Total market capitalization of cryptocurrencies

24-hour trading volume recorded at $ 157.74 billion, down $ 33 billion from February 27.

RippleNet strengthens cooperation in Asia

A group of money transfer companies in South Korea has just joined Ripple's blockchain-based financial services network, RippleNet, to promote the remittance market in the country.

In its February 25 announcement, Ripple revealed two South Korean remittance providers Sentbe and Hanpass, and online and mobile cross-border money transfer service company WireBarley has just started using the platform. RippleNet. This cooperation aims to promote remittance in Korea.

According to the World Bank, South Korea's remittance amounted to more than US $ 6.2 billion in 2018. The country that receives the most money from South Korea is the US, accounting for more than 50% of the total amount of remittance. Second is Malaysia.

Ripple also announced a partnership with money transfer service based in London, Azimo. The company will open the on-demand money transfer path to the Philippines, in which Ripple's XRP will act as the connecting currency.

Coinbase wallets allow sending digital money via username

Coinbase has just updated the wallet with a new function that allows users to send digital currencies via their username, instead of the usual long address.

As announced on February 25, Coinbase Wallet now allows users to send digital money via registered usernames and accounts created on a service called Ethereum Name Service ENS. Coinbase usernames will have the format @ username while the ENS account name will have the address form coinbase.eth.

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