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One Stop Cryptocurrency News Cast For Today ?

๐Ÿ“ฎ21-02-2020

๐Ÿ“ˆMarketCap:                  $283 B
๐Ÿ“Š24h Mcap %:                  0.41%
⚠️Bitcoin Dom:                 62.4%

๐Ÿ“ŒActive Coins:                2,433
๐Ÿ“24h Vol %:                   3.41%
๐Ÿ’ฒ24h Vol:                    $123 B

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1. Binance CEO Changpeng Zhao Says Bitcoin Halving Not Priced In Yet
Changpeng Zhao, suggested that Bitcoin’s (BTC) price has not yet adapted to the upcoming block reward halving. Zhao suggested that Bitcoin’s price will see more upwards movement in the future. He noted that after halving miners will have to spend almost two times as much to mine a single coin and expects that miners will not be willing to sell below the price of production. He further noted that the effects of lower coin production will be augmented by an increasing number of users in the space. Read Full on Cointelegraph

2. Fidelity is Hiring Bitcoin Engineer to Scale Its Mining Operation
Fidelity Center for Applied Technology (FCAT), the innovation arm of the $7.8 trillion financial services giant Fidelity, is looking for a Bitcoin engineer amid plans to scale the company’s cryptocurrency mining operations. The successful candidate will design, build and maintain the infrastructure that will run and scale Fidelity’s Bitcoin mining operation. Fidelity first started mining Bitcoin in 2014 with the purpose of studying the cryptocurrency market.
3. Oil Prices Are Now More Volatile Than Bitcoin
For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset. The West Texas Intermediate (WTI) oil price's one-month realized, or historical, volatility stood at 105.3%, after having hit a four-month high of 119.6% at the end of January. Meanwhile, bitcoin's historical volatility recently dropped to 42.3 percent, the lowest level since September, according to Skew Markets. Read Full on CoinDesk

4. Tron takeover promises new life for Steemit
Tron founder Justin Sun has taken a majority stake in Steemit, the blockchain-based social media platform where users can get paid for creating content. “From launching the platform in 2016 on a shoestring budget with an idealistic team to today, I’ve enjoyed the development of the platform and the growth of its user base," said founder Ned Scott in a statement. "Now I’m excited to see a strategic partner attempt to bring it to new heights.” Read Full on bravenewcoin

5. Sweden Is Testing Its New Central Bank Digital Currency
Sweden’s central bank has begun testing an e-krona, bringing it that much closer to the proper release of a central bank digital currency (CBDC). The Riksbank is conducting a pilot project with Accenture, project will be in operation for one year, until February 2021. The idea is that this blockchain-powered currency would drive conventional payments and banking activities throughout the country. Instead of swiping a credit card or spending fiat currency, everyday transacting can move to the blockchain. Read Full on Cointelegraph

6. Ripple Makes It to Top 100 Cross-Border Payment Companies
San Francisco-based blockchain company Ripple has been recognized as one of the most prominent players in the cross-border payments industry. Ripple has became one of the top 100 cross-border payhments companies in 2020 as reported by financial data company FXCintelligence. Ripple is the only crypto-related company that made it to the top 100. The list was divided into several sections that feature the world's biggest banks as well as large publicly traded companies such as Visa and PayPal. Read Full on U.Today

7. Cardano (ADA) Hard Fork Successfully Launched
IOHK CEO Charles Hoskinson has announced the successful launch of the Ouroboros BFT hard fork, which bridges Byron with the forthcoming Shelley era. The upgrade of Cardano's proof-of-stake (PoS) protocol took place on Feb. 20. The OBFT fork was deployed on the federated Byron mainnet. It is worth noting that this hard fork is only one of the network upgrades that are going to happen before the advent of the Shelley era. The Shelley mainnet is expected to turn Cardano into the most decentralized blockchain project. Read Full on twitter

8. Ripple Plans to Build Crypto Bridge Between XRP and Ethereum (ETH)
Ripple's investment and development arm, Xpring wants to build financial bridge between XRP and Ethereum. They have launched a series of challenges at ETH Denver to pay coders who can connect the two cryptocurrencies on the Interledger Protocol (ILP), to exchange currencies, including both fiat and crypto assets. They believe the XRP to ETH bridge is important since XRP is one of the most liquid crypto, but doesn’t have a compute layer to support complex smart contracts for the growing Decentralized Finance (DeFi) market on Ethereum. Read Full on The Daily Hodl

9. Tuur Demeester to Lockup 33% of Portfolio in Bitcoin
Tuur Demeester, founder of the Adamant Capital Bitcoin (BTC) Alpha fund, was among the first to add Bitcoin (BTC) as part of a currency portfolio in January, 2012. It looks as though eight years later, his confidence in the crypto king has only strengthened. In a recent tweet he has asked his followers about their views on the Permanent Portfolio 2.0, a Portfolio which has 33% of the investment in bitcoin, which you can lock in until 2040 without rebalancing, and it should roughly retain its purchasing power. Read Full on twitter.

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