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Cryptocurrency is in the headlines yet again. In recent times, we saw many big corporate embracing virtual currencies. These have various advantages. Therefore, the coins are getting more acceptance by businesses and fans. The popular cryptocurrencies are Bitcoin, Ethereum, Bitcoin Cash.
Apart from them Litecoin, Ripple, Libra, and Tether, etc. are also gaining importance. However, Bitcoin is the most accepted among all the cryptocurrencies.
Bitcoin Crossed $15,000 mark, reached near $16,000
Bitcoin has crossed the $15,000 mark and hobnobbed below the $16,000 mark last week and took a leap of 2.1%. It was the highest point for the cryptocurrency since the surge happened in early 2018. 
We may mention here a fact for those who are little new to Cryptocurrency-world. The highest point that Bitcoin has ever achieved was on 17th December 2017 when BTC reached to $19, 666.
We may mention here a fact for those who are little new to Cryptocurrency-world. The highest point that Bitcoin has ever achieved was on 17th December 2017 when BTC reached to $19, 666.The recent success of Cryptocurrency attributes to two factors, experts opine. One of the factors is the economic recession due to the COVID19 pandemic. The other one is uncertainty over the Presidential election in the US.
Bitcoin: #1 Asset of 2020
In the last few weeks, Bitcoin has been leading the group of top-trio assets of 2020. The standing so far is in this order – (#1) Bitcoin, (#2) Gold, and (#3) Silver. Bitcoin is now the topmost asset leaving (the precious metals) gold and silver behind. It has been leading the list in the last few months. Last month, we had informed about this in another article “Bitcoin Ahead of Gold and Silver”.
The prominence of cryptocurrencies has been increasing day by day. More number of global corporate giants are jumping to the crypto market. Many others are using it as an alternative to traditional currencies. because of many advantages.
On February 
19, 2020, Forbes Released the 2nd Annual Blockchain. 50 List Of Companies Embracing The Technology Underlying Cryptocurrencies. The enlisted reputed brands include Amazon, Google Microsoft, Credit Suisse. A few more are Citigroup and JPMorgan, BMW, etc.
19, 2020, Forbes Released the 2nd Annual Blockchain. 50 List Of Companies Embracing The Technology Underlying Cryptocurrencies. The enlisted reputed brands include Amazon, Google Microsoft, Credit Suisse. A few more are Citigroup and JPMorgan, BMW, etc. We have also observed the entry of companies like Square, the Robinhood trading app. Paypal and DBS bank are other names in this context. The main reasons behind the acceptance of Bitcoin are its capabilities. Bitcoin can speed up business processes, bring transparency, and save expenses.
Conclusion
The trend is very favorable for Bitcoin now, as it was never before. It is performing very well since witnessing low points in 2018. The COVID 19 led economic slowdown has affected almost all countries and currencies. The sluggish world economy has affected all major and medium economies. This economic bane has become an economic boon for cryptocurrency. Bitcoin is marching ahead with increasing its value against the dollar. It has become the numero uno asset of 2020 way ahead of gold and silver. According to Crypto fans give credit to an encouraging economic situation. While the critics are terming it as a temporary phenomenon. As per them, it will subside after some time. Let’s see what’s happening!!!
Blockchain technology has an array of potential benefits. It has started to influence our lives in many ways. In addition, it has revolutionized banking, business, health system, national security, and cybersecurity. In other words, the blockchain revolution has begun and a lot of its application is yet to come.
Blockchain Technology
A blockchain is a digital ledger of transactions. Blockchain is a type of DLT in which a cryptographic mark records transactions. The mark also called a hash. It is permanent. Blockchain was 
the brainchild of Satoshi Nakamoto.
the brainchild of Satoshi Nakamoto.The blockchain technology assisted in the functioning of bitcoin as a cryptocurrency. However, now it is being applied in various sectors and in many ways. Below are the ten major applications of Blockchain.
10 Major Applications of Blockchain
1. Cryptocurrency (e.g. Bitcoin) Exchange
Cryptocurrencies use blockchain as a digital transaction ledger. As we know, blockchain’s main purpose was to assist Bitcoin. Blockchain ensures enhanced data security. Therefore, nobody would be able to tamper with any data stored in blocks. It has a decentralized structure. It uses cryptographic data which is difficult to decipher by hackers. Above all, the entire transaction done by a user is accessible at your fingertips.
2. Record Keeping
Blockchain technology was first used to keep records of financial transactions securely. Blockchain has the potential to keep other kinds of records as well. For instance, Medical records, Educational records, Military Records, and many more. Above all, records kept with blockchain are easily accessible, secure, and functional.
3. Evidence of Ownership.
Blockchain maintains your data. In case of any dispute, the record will hold as evidence of ownership. Therefore, it will discourage illegal activities.
4. Personal identity security
Blockchain technology can ensure unique digital identities for everyone in the digital society.
Digital Identity has become vital in an interconnected digital world. Here accuracy in identity has a meaningful role in personal security.
5. Decentralized Cloud Storage
In a centralized system personal data is not so secure and the cost associated is high. In other words, a blockchain system will have a distributed cloud storage of data.
6. Smart Contracts
Blockchain ledgers have a rule-based transaction structure. It enables smart contracts and a programmable economy. In addition, blockchain technology facilitates making such smart contract eliminating any involvement of intermediaries.
7. Enhanced Internet Browsing
Blockchain helps in enhancing interaction among advertisers, users, and publishers. It eliminated the intermediaries. Companies have come up with blockchain-enabled browsers. Above all, this keeps track of all data and provides you a customized browsing experience.
8. Knowledge Sharing
Blockchain technology has great ability in knowledge management and sharing. The first encyclopedia of the world is Everipedia. It is already operational and uses blockchain technology successfully. Its tagline is “An ecosystem of knowledge. On the blockchain”.
9. Cybersecurity
Blockchain technology provides an enhanced Cybersecurity. The transactions made are safe. Similarly, personal information stored is also secure.
10. Enhanced Advertising and Marketing
Blockchain technology is valuable in bringing advertisement and marketing fruitful and targeted. It is because the users are genuine. In this decentralized platform, it is quite easy to target and reach a set of people.
Coinbase is a US-based digital currency exchange. It has made a startling announcement on 28th October. The virtual currency tycoon has launched Cryptocurrency Visa Card for crypto enthusiasts.
This move would provide extra mileage to the digital currency. The Crypto Visa Cardholders can take advantage of this card. The card will be valid for shopping and other activities. Therefore, this card is going 
to give a seamless transaction experience to the users. The users can use cryptocurrency the card throughout the globe. It will go hand in hand with Visa cards.
to give a seamless transaction experience to the users. The users can use cryptocurrency the card throughout the globe. It will go hand in hand with Visa cards. Visa has a presence in more than 200 countries and territories in the world. The card might be new to the US but a similar card exists in Europe.
Coinbase
Coinbase has its headquarter in San Francisco, California, US. It is a prominent player in the crypto world. It is a leading digital currency exchange. In addition, Coinbase deals with Bitcoin, Ethereum, Bitcoin Cash, Tezos, Litecoin. It also deals with fiat currencies.
Key Features of Coinbase Card
The intro-line used for Coinbase Visa Debit Card is “Spend crypto anywhere”. The card supports over thirty virtual currencies. Above all, it has several remarkable features. Read them below.
- Instant Crypto Spending
A Coinbase Cryptocurrency Cardholder can spend its virtual currency as alternative cash. As an account holder, you can use it as per your Coinbase account balance.
- Global Usability
Coinbase Card is acceptable worldwide, wherever VISA has acceptance. The cardholders can make digital payments, withdraw cash from ATMs, or pay using a PIN.
- Safety and Security
Your money in the form of cryptocurrency will be secure. High standard security measures ensure that your money and your transactions are safe. Thus, your card will be instantly blocked in case of any fraudulent transaction. The two-step verification process is another security feature of the card.
- Switch between cryptocurrencies
The card users can pay different cryptocurrencies. This includes Bitcoin, Ethereum, Bitcoin Cash, Tezos, and so on. They can choose the digital currency to use, via the app.
- Tracking of transactions/spending info
The Coinbase cardholders can keep track of their transactions using the app.
- Very Quick Transaction
The transaction process is at lightning speed. It’s a kind of real-time experience. Coinbase does all the digital 
currency conversions itself without any third-party involvement. This makes it different from other digital currency exchanges. Besides, it makes the process even quicker and flawless
currency conversions itself without any third-party involvement. This makes it different from other digital currency exchanges. Besides, it makes the process even quicker and flawlessConclusion
Coinbase and Visa association is going to be beneficial for cryptocurrency fans/ users. The US citizens can now use Coinbase Cryptocurrency Visa Card. They will experience a seamless transaction process. It is easy, instant, and safe. No doubt, in the future, Coinbase and Visa duo might extend a similar service in other countries as well.
Cryptocurrency is marching ahead with its popularity as a secure, fast, digital currency. It is attracting attention from investors, businesses, and others concerned. It is blooming with full force now and seems to carry on in the coming days. Some critics blame it on tax evasion, illegal transactions, and other misuses. Besides, it has been getting more acceptance in recent days. DBS is the largest bank in South-East Asia. It is planning to launch a Cryptocurrency Exchange. Yes, another big name jumping into the crypto market.
In recent times, several big names have started using Cryptocurrency. After the Robinhood trading app and Square, we saw the entry of PayPal into the crypto market. Last month, Toyota Systems tied up with DeCurret. The Japanese cryptocurrency exchange has collaborated to develop a branded 
Toyota digital currency. Later, we saw the entry of Cashaa. It is a reputed UK-based banking platform. The United Multistate Credit Co. Operative Society of India was another big entry in the digital currency market. Also, the DBS bank’s decision has advanced the argument. Cryptocurrency is going to rule the financial world of the future.
Toyota digital currency. Later, we saw the entry of Cashaa. It is a reputed UK-based banking platform. The United Multistate Credit Co. Operative Society of India was another big entry in the digital currency market. Also, the DBS bank’s decision has advanced the argument. Cryptocurrency is going to rule the financial world of the future.DBS Bank
The DBS, headquarters is in Singapore. It is a leading commercial bank with a unique set of financial services. There is news that DBS could deal with bitcoin, ethereum, and bitcoin cash. The total asset of the bank is more than 551 billion Singapore dollars. It has a presence in 18 locations around the world including six locations in Asia. The last year earning of the bank was $3.18
DBS Cryptocurrency Exchange.
DBS Digital Exchange is the name of the planned cryptocurrency exchange. It will deal with crypto assets like
bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and XRP. Besides, the exchange will offer trading services for fiat currencies as well. It will also have Security Token Offerings and Digital Asset Custody.In general, digital exchanges hold digital assets. But DBS Digital Exchange will keep digital assets safely in the DBS Bank. DBS Digital Asset Custody will ensure the safety of the digital assets of customers. This aspect would attract customers as enhanced institutional security.
The DBS Announcement, Denial, and Expectations
The Monetary Authority of Singapore will regulate the functioning of the digital exchange. DBS is waiting for the green signal from the Monetary Authority of Singapore. Till then it has held up its official announcement.
Conclusion
DBS recognizes that digital assets are emerging as future currency. But, it has its bank-backed digital currency exchange. This would compete well with the other digital exchanges of the world. It is a very big financial entity in the Southeast Asian region. It is also, the best bank in the world. In conclusion, the launching of the DBS Digital Currency Exchange would redefine the cryptocurrency landscape.