One Stop Cryptocurrency NewsCast For Today ?

📮 31-12-2019

📉 MarketCap:                  $196 B
📊 24h Mcap %:                 -1.38%
⚠️ Bitcoin Dom:                 67.4%

📌 Active Coins:                2,489

📍 24h Vol %:                  -5.29%
💲 24h Vol:                     $47 B

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1.  Spencer Bogart, a general partner at the venture capital firm Blockchain Capital, says he’s excited for 2020 to bring about a new “vertical era” that focuses on building on top of the Bitcoin and Ethereum protocols. He believes the industry is now moving past competitors and initial coin offerings supporting companies that looked past Bitcoin to try to build decentralized protocols on their own. Read Full on Bloomberg

2.  The IOTA Foundation, the non-profit behind the IOTA blockchain network, has said that an issue related to its mainnet has been fixed. The network was reportedly unable to process transactions for 15+ hours yesterday. The foundation said a “corrupt” ledger state was caused by an edge case where the IOTA Reference Implementation (IRI) didn't account for a transaction that was shared between two distinct bundles. The foundation also urged users, who are running an IRI node, to update it to version 1.8.3. Read Full on The Block

3.  Bloomberg editor John Authers has estimated that Hindsight Capital LLC, his imaginary hedge fund, could have turned 100 grams of gold into approximately eight tons in one decade. The price of Bitcoin has increased by nearly nine million percent since the start of the decade. Hindsight, which models the performance of the most successful hedge fund ever, pocketed a whopping $23.3 mln after selling $100 worth of BTC it bought in 2010. The clients of Hindsight who invested 100 grams of gold into its digital version ended up with 7.2 mln grams as of today. Read Full on U.Today

4.  Major United States brokerage TD Ameritrade doesn’t deny the potential inclusion of cryptocurrencies like XRP to its platform. One of the early adopters of the original Bitcoin (BTC) futures trading platform, TD Ameritrade apparently remains positive about more potential initiatives in crypto. In a tweet, TD Ameritrade hinted that it is continuing to explore crypto markets, replying to a question as to whether the company is planning to support cryptocurrency such as XRP. Read Full on Cointelegraph

5.  Major cryptocurrency exchange Binance will suspend Ether (ETH) deposits and withdrawals to support the recently announced Ethereum network Muir Glacier upgrade. Binance said that deposits and withdrawals will be suspended on the platform prior to the Ethereum network block height of 9,200,000 selected to execute the upgrade. While ETH trading will not be affected during the upgrade, deposits and withdrawals will be reopened once Binance deems the upgraded network to be stable. Read Full on Cointelegraph

6.  Price fluctuations may be an indicator of investor sentiment. Hashrate, though, is often seen as the better market number to watch in order to truly evaluate Bitcoin adoption, and recent hashrate statistics indicate that adoption continues to grow. Hashrate functions as an indicator of adoption because of the cost of mining. For miners to be willing to spend the billions of dollars necessary to drive hash increases, rewards must be equitable. Read Full on BeInCrypto

7.  The XRP liquidity index sets yet another all-time high on Bitso. After cooling down this month, the XRP liquidity index has recorded a new all-time high on the Mexican Bitso exchange on Dec. 30. According to the Liquidity Index Bot, the volume of the third biggest cryptocurrency against the Mexico peso reached 10,071,247 XRP. To put things into perspective, this index was at around 6 mln XRP only one month ago, which shows that Ripple is making rounds in Mexico, the country that is plagued by high remittance costs. Read Full on U.Today

8.  Peer-to-peer filesharing giant BitTorrent announced on Dec. 30 that DLive, the blockchain-based live streaming platform, will be joining its ecosystem. Through this partnership, DLive will bring peer-to-peer content sharing and live streaming capabilities to BitTorrent's 100 million monthly active users. BitTorrent CEO Justin Sun told Cointelegraph that following YouTube’s crypto-content ban, decentralized content platforms are the future. Read Full on @BitTorrent -medium

9.  Despite the harsh market conditions this year, high profile closures of a few ventures and a lot of employee downsizing, the number of companies operating in the blockchain and cryptocurrency fields in Israel actually grew by 32% in 2019. As of December 2019, 150 active blockchain and crypto companies are operating in Israel, an increase of 32% compared with only 113 companies at the end of 2018. This is according to a survey by the Israeli Bitcoin Association which was first reported by local financial newspaper Globes. Read Full on Bitcoin News

10.  A platform for accessing cryptocurrency data and insight, revealed that Saturdays proved to be the best days for Bitcoin in 2019 with Fridays being the worst. Bitcoin had a positive average performance in 4 out of 7 days over the last 12 months, with Saturdays being the best days for the cryptocurrency, posting returns of 1.02%. Tuesdays, Thursdays, and Sundays were also good days with average returns of 0.63%, 0.52%, and 0.42%, respectively. Bitcoin was at its worst performance on Fridays, posting an average loss of -0.88%.

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