Tim Draper (Courtesy: Twitter)
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Bitcoin Transaction Successfully Made In Space: Tim Draper

Tim Draper (Courtesy: Twitter)
Tim Draper (Courtesy: Twitter)

Bitcoin has taken the world by storm. It has opened up multiple dimensions to one’s reach and continues to strengthen its foothold across the world. It has also challenged the monopoly of the printed currency as a lot of investors have preferred to use Bitcoin over it.

If all this is not enough, Bitcoin has now made heavy moments in Space. Yes, you heard it right! Bitcoin is in space and has underwent a successful transaction. Tim Draper, the founder of American venture capital investor, and founder of Draper Fisher Jurvetson took to Twitter to notify about his unique achievement.

In his tweet Draper mentioned that Bitcoin transaction has been made in space as SpaceChain announced the first-ever multisignature blockchain transaction.

“Bitcoin transaction made in space: SpaceChain announced the successful execution of the first multisignature blockchain transaction in space, marking the completion of a significant milestone supported by the European Space Agency (ESA) @draper_u alum! Zee Zhang,” and elated Draper tweeted.

Earlier, as far as the crypto market is concerned, It has been a regular day in crypto market with most currencies showing routine fluctuations. Bitcoin and Ethereum grew nearly by one per cent but the talk of town was Cosmos which delivered an over 22% growth. The growth delivered by cosmos is the most by any other cryptocurrency in the top 20 chart.

On Friday, Chainlink delivered massive growth in the past few week of time. The growth also saw it overtaking Bitcoin Cash in due course. The mammoth growth enabled Chainlink to reach nearly $20 mark.

However, all the progress made by Chainlink, has been hit with a jolt. In the last 24 hours, the cryptocurrency has dropped majorly by 13 per cent to record a price of nearly $14.

This is a remarkable change in Chainlink as it had hit it peak performance of the last few years before registering the downfall. As a result of the downfall, Chainlink has also again dropped behind Bitcoin Cash, to ranked at the sixth spot among all cryptocurrencies.

Chainlink, now, has has a marketcap of $4,901,315,057 in comparison to $5,390,990,310 of Bitcoin Cash. The latter, which had dominated its position for quite sometime, is priced at just above $291 at the moment.

Bitcoin Cash has also shown more resistance in comparison to Chainlink as it has dropped marginally by only 0.71% at the time of publishing the article.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.