| Mithiril (MITH) |  | Mithril is a decentralized social media platform that rewards all content creators. It aims to construct a comprehensive ecosystem that revolves around MITH. Users can acquire MITH through social mining, manage their assets effortlessly and further spend MITH in various real-life scenarios. It has a market cap over $20.1 million, a circulating supply over 506.8 million and has traded over $6.59 million in the last 24 hours according to CoinMarketCap.com.
Following a large decline in late January, MITH/BTC has been consolidating since February 6. Today the price is trading significantly higher and a close above the February 8 high of 0.00001090 is a potential indication of a move to the 61.8% Fib retracement level near 0.00001275. A potential stop could be placed below 0.00001050.
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| | News To Know | | Binance Expands its Stablecoin Pairs with USDS/USDT, USDS/PAX, USDS/TUSD and USDS/USDC
In the world of crypto-trading, there are two schools of thought when it comes to the role played by stablecoins. The first group of traders welcome the idea of stablecoins such as Tether (USDT), True USD (TUSD), Paxos Standard (PAX) and more. The second group thoroughly dislike them as shall be explained. As the name Stablecoin suggests, they are pegged to popular fiat currencies such as the United States Dollar on a one to one ratio.
MasterCard, Ripple, Barclays Fund US XRP Remittance Firm in $1.7 Million Seed
Global remittance startup SendFriend has raised $1.7 million in pre-seed funding by 13 participants. The US company announced Monday that it had received support from MIT Media Lab, Barclays, the Mastercard Foundation, Ripple, TechStars, Mahindra Finance, 2020 Ventures, and 8 Decimal Capital.
Coinbase Wallet to Feature Private Key Backup on Google Drive, iCloud
Coinbase Wallet users will soon be able to back up their private keys on personal cloud storage platforms Google Drive and Apple's iCloud. The San Francisco-based cryptocurrency exchange announced the news in a blog post Tuesday, saying that, in case users misplace their private keys or lose devices, they can use the new feature to back up their 12-word recovery phrase to avoid losing access to funds held in the app.
General Motors Adds Blockchain With Spring Labs Collaboration
A February 11 press release from AP News showed General Motors Financial Company Inc. (GM Financial) joining Spring Labs' SFIP initiative. Spring Founding Industry Partners, or SFIP for short, reportedly looks to advance information storage and usage to cut down on auto sector problems, such as identity authentication and fraud.
Monero Plans to Fork for ASIC Resistance In March
Monero, the crypto market's leading privacy coin, is apparently closing in on a new fork that will help the coin achieve resistance against specially-designed ASIC mining devices. According to a recent Reddit post, the update will occur in just four weeks. What changes will the fork bring, and can Monero beat ASICs for good?
Nasdaq to Add Brave New Coin Bitcoin and Ethereum Indices This Month
Nasdaq will launch two new indices tracking cryptocurrency prices on Feb. 25, the company announced in an update to its website on Feb. 12. The indices — the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) — will offer real-time price updates in thirty-second intervals for clients using NASDAQ's Global Index Data Service (GIDS).
| | Top Movers | | | Top 5 Gainers | | | 
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| | | Source: Coinmarketcap.com | |
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