Daily crypto: Today the 17 millionth bitcoin will be mined, and the markets continues down

Today, bitcoin celebrate its 17-millionth bitcoin.

Today, bitcoin celebrate its 17-millionth bitcoin. Image source: Shutterstock/Trijo News

Totte Löfström

totte.lofstrom@trijo.co

A lot is happening in the world of crypto right now. Here is the most important news to know about.

Today, April the 26th 2018, the 17-millionth bitcoin will be mined. This is the first time since 2016 we break through a million barrier, and this means that it will soon be less than four million bitcoins left to mine.

Right now, there are 16.999.525 bitcoins in the world, and with a mining rate of 12,5 new bitcoins being mined every ten minutes, we could approximate that we will reach 17 million around 14.00-14.30 CET today. Follow the development here.

Newswise, it has been reported that one of the most wealthy Norwegian families are now looking into crypto and blockchain. It is the Kjos family, who among other things is known for founding the airline Norwegian, that are looking into the possibility to use blockchain technology in the airline industry.

Last night, we also received rumors about a Japanese gaming company planning to buy the Luxembourg based crypto exchange Bitstamp. Bitstamp does not want to comment on the matter at this stage. However, the president of the gaming company, Lee Jung-hun, has denied the acquire. But according to sources, the company has offered to pay $350 million. This is about half of the Luxembourgian annual state budget.

Last but not least, it has also been reported that a American VC firm has filed a lawsuit against the founder of Binance, Zhao Changpeng. The VC firm showed an interest in investing in Binance in August last year, and during the negotiations, Binance and Zhao Changpeng was bound by a contract giving exclusivity to the VC firm. Despite this, Binance and Zhao Changpeng are said to have had simultaneous discussions with other VC firms as well. This was first reported by Bloomberg.

On the crypto market, the numbers during the last 24 hours have been mostly red. Bitcoin (-5,06%), ethereum (-4,08%) and ripple (-5,44%) all lost substantial value, while bitcoin cash (+2,23%) and eos (+3,35%) managed to stay in the green despite the overall downtrend.

Among the top 100 biggest cryptocurrencies, 86 lost value the last 24 hours. The biggst losers was dragonchain (-13,44%) and dentacoin (-11,96%), and the biggest winners was kyber network (+48,45%), mixin (+26,62%) and omisego (+16,25%).

Prices the last 24 hours

Asset Price % (24h)
Bitcoin $8 923,69 −5,06%
Ethereum $632,48 −4,08%
Ripple $0,816804 −5,44%
Bitcoin cash $1 358,22 +2,23%
Eos $14,92 +3,35%

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