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One Stop Cryptocurrency News Cast For Today ?

📮25-01-2020
📈MarketCap:                  $231 B
📊24h Mcap %:                  -0.6%
⚠️Bitcoin Dom:                 65.6%
📌Active Coins:                2,388
📍24h Vol %:                  -6.47%
💲24h Vol:                     $70 B

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1.  Travala, that lets its users pay for hotel stays with digital currency, has expanded its crypto payment options by adding support of NEM (XEM) tokens. XEM joined over 20 other digital currencies supported by Travala’s platform, including Bitcoin (BTC), Ether (ETH), Tron (TRX), stablecoin Tether (USDT), privacy-focused token Monero (XMR) and others. Travala told the most used digital currency on the platform has been Bitcoin so far, and the proportion of customers who pay with cryptocurrencies has surpassed 60%. Read Full on Cointelegraph

2.  United States cryptocurrency exchange Coinbase will soon hold a million Bitcoins (BTC) in its cold wallets in a controversial first for the industry. According to data released by Longhash, Coinbase’s cold wallets contained around 970,000 BTC ($8 billion) as of Jan. 1. If current growth continues, the company will reach the 1,000,000 BTC mark by February. With 30 million users registered since launch, Longhash notes that Coinbase is by far the exchange with the largest Bitcoin holdings. Read Full on longhash

3.  Tesla and SpaceX CEO Elon Musk elaborated his thought on Digital currency. Musk accepted that the Bitcoin whitepaper was "pretty clever." Yet, he told, cryptocurrency is being used as a go-between the legal and illegal worlds. He further clarified "It can’t be entirely dark because, otherwise, how do you buy normal stuff?" He acknowledged crypto as a viable legal payment option in specific circumstances and see as replacement to cash but he doesn't believe cryptocurrency will be the primary transactional unit in the future. Read Full on Decrypt

4.  The blockchain-based ticketing system will be used for all Lancashire Cricket Club's domestic and international fixtures in 2020. Lancashire Cricket Club teamed with the blockchain ticketing provider TIXnGO. The club said the new blockchain tickets are traceable, unique to the purchaser and nearly impossible to counterfeit. The system also includes a new facility that simplifies the process of transferring or reselling tickets. Read Full on CoinDesk

5.  Covantis, a blockchain initiative backed by global agribusiness giants like Cargill, has selected ConsenSys as a technology partner. ConsenSys will build an Ethereum-based blockchain platform to digitize the post-trade finance industry and bring efficiencies and cost savings to the international agribusiness supply chain. Covantis’ founding members include Cargill, Archer Daniels Midland (ADM) Company, Bunge and Louis Dreyfus Company. Initial focus will be on automating grain and oilseed post-trade execution processes. Read Full on Cointelegraph

6.  Nick Szabo, the father of smart contracts, shows that Bitcoin’s Risk-Adjusted Returns far outweigh other popular assets over more than four years. Szabo has tweeted a graph that shows Bitcoin towering over US Stocks, US Real Estate, Bonds, Gold, Oil in terms of risk-adjusted returns using the Sharpe Ratio. The Sharpe Ratio shows investors the return of an investment compared to its risk. Although Bitcoin is a volatile asset, and thus has a higher risk, its performance outweighs that risk more than traditionally safer assets such as Gold and Real Estate. Read Full on twitter

7.  Cryptocurrency data platform CoinGecko has released its yearly report for 2019. According to report the market has steadily gained in terms of market cap and trading volume. The market’s entire market capitalization has risen by 44.1%, gaining $60 billion over the year, and closing the year at $180 billion. According to the report, trading volume saw a much better year, growing almost 600% with over $50 billion being traded on average at the end of the year. Read Full on BeInCrypto

8.  Github is quite well-known for being an online developer hub, where experts and amateurs alike can join forces, host and review codes, manage projects, build software together, and more. According to recent data from GitGitRun.com, it appears that Bitcoin’s Github community managed to reach 2,800 members yesterday, January 24th. Bitcoin community member on Reddit, u/THE_ReD_TrucK, had noticed — not all repos are tracked, which led him to a conclusion that the real number of Bitcoin developers on Github might easily be over 3,000. Read Full on Bitcoinist.com

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