Alon Mask, the entrepreneur and chief technology officer, said he sees Bitcoin's design as "quite brilliant" and sees it as "a much better way to transfer value than a piece of paper." Musk denies any intention of involving Tesla in the crypto field.

Last week, it was reported that the online food retailer Rakuten, considered equivalent to Amazon in Japan, may support digital currencies in the new payment application. Launch of the app is scheduled for March.

Quinavis announced the acquisition of Neutrino, an Italian currency start-up. The CEO of Neutrino is notorious for having previously sold spyware to governments, governments, and corporations.

China's mining giant Bitmain has revealed that it lost half a billion dollars in the third quarter of 2018. Bittamin unveils economic data in an attempt to raise capital on the Hong Kong Stock Exchange.

Samsung Electronics unveiled new smartphone models this week. Among the products exposed was also introduced the Samsung Knox phone, according to the network publications on this device integrated wallet hardware. Although Samsung did not mention it in launch.

In conclusion, Bitcoin's blockchain currently processes 3.8 deals per second or around 315,000 per day. This is the highest level since peak levels in 2017, when the limited capacity created high transaction fees. However, the fees are currently low, due to the additional capacity afforded by SegWit
Courtesy: macrobit.co.il