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One Stop Cryptocurrency News Cast For Today ?

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📮25-02-2020

📈MarketCap:                  $280 B
📊24h Mcap %:                 -3.89%
⚠️Bitcoin Dom:                 62.6%

📌Active Coins:                2,408
📍24h Vol %:                   6.52%
💲24h Vol:                    $118 B

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1. Joff Paradise Cryptocurrency Guide Helping You Learn Crypto & Blockchain
Keeping pace with developments in bitcoin, blockchain, and the ever-evolving cryptocurrency ecosystem feels like a full-time job, and that’s just for experienced heads. For novices, it’s tough enough working out where to even start. Joff Paradise, Well known entreprenuer & Cryptocurrency educator is been doing great work by becoming source of crypto education through his educational website specifically designed to educate those seeking to increase their knowledge of emerging cryptocurrency technologies. Checkout it out !! Read Full on Cryptocurrency Guide.

2. Price Analysis Feb 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
Many cryptocurrencies are struggling to break above their overhead resistances, which could result in a minor correction or consolidation in the next few days. Bitcoin (BTC) is currently trading inside the descending channel. If the bears sink the price below $9,600, a drop to the support line of the channel, which is close to the 50-day SMA at $9,176, is possible. Ether (ETH) has been largely stuck between $235.70 and $288.599. Read Full on Cointelegraph.

3. Pharma Giants Including Pfizer, GlaxoSmithKline to Utilize Blockchain
Roughly two dozen pharmaceutical companies, including Pfizer, GlaxoSmithKline, Eli Lilly, Sanofi and Roche, have come together to develop a blockchain-based system that secures the supply chain of prescription drugs and tracks counterfeit medicines. The project is currently testing MediLedger, a blockchain-based network that validates drugs and allows users to trace the authenticity of raw materials. The companies are planning to expand the platform this year and are targeting the entire pharmaceutical industry, valued at $1 trillion. Read Full on reuters.

4. Bank of England Executive Supports Calls for CBDC Issuance
Sarah John, chief cashier of the Bank of England (BoE) says governments should seriously consider creating central bank digital currencies (CBDC) as a countermeasure to private crypto projects. She told, "We need to think as an institution about how to position ourselves to make sure society still has a broad range of payments that it can use with confidence." For John, central banks remain the best suited to be issuers of any form of currency given their experience and ability to maintain regulatory control of the financial market. Read Full on BTCMANAGER.

5. Tyler Winklevoss Bought Space Travel Ticket via Bitcoin in 2014
Tyler Winklevoss, a billionaire, Bitcoin (BTC) investor and co-founder of cryptocurrency exchange Gemini, bought the world’s most expensive ticket to space. The purchase was made back in January, 2014, according to a report. At the time, Winklevoss acquired a ticket to Virgin Galactic’s passenger carrying spaceship, for 312.5 BTC, which was worth $250,000 at the time. Winklevoss’s initial investment of 312.5 BTC in the ticket is currently valued at over $3 million, marking an increase of 1,174%. Read Full on Cointelegraph.

6. Tim Draper Still Stands with His $250,000 Bitcoin Price Prediction
Billionaire Tim Draper has once again opined that the BTC price could reach $250,000 in 2022 or at the beginning of 2023. He predicts that the orange coin could become "the currency of choice" by that time. He said, it's still hard to move around Bitcoin today, which is why it struggles with adoption. However, once it becomes scalable enough, there will be a clear choice between paying credit card fees or using a "frictionless, open, transparent, global alternative, which is not tied to any political force. Read Full on U.Today.

7. Caitlin Long Starts the First Crypto Bank in the U.S.
Caitlin Long, a former Wall Street executive who has helped Wyoming enact 13 blockchain-enabling laws, is taking advantage of the progressive Wyoming legislature to establish a first crypto bank in the U.S. named Avanti. The Wyoming-based bank is a collaboration with Blockstream, a global leader in Bitcoin and blockchain technology. Long says Blockstream is the ideal partner for serving big institutional investors that require regulated banks to deliver them services around Bitcoin in USD markets. Read Full on Cointelegraph.

8. Over $4 trillion crypto transaction has been facilated in the past decade
More than 3.1 billion transactions were broadcast across two dozen cryptocurrency networks during the past ten years. The research, conducted by San Francisco-based Blocknative, shows that the twenty-four blockchains together have facilitated over $4.6 trillion in aggregate transfer value from 2009 to 2019, 96% of which occurred between 2017 to 2019. There were 259.2 million BTC transactions in 2019 and 242.8 transactions on Ethereum during the same year. Read Full on The Block.

9. Seoul launches blockchain voting system March 1
Seoul’s government plans to launch its highly anticipated “blockchain petition system”on March 1. The system will allow citizens to propose suggestions to the government about potential changes to existing policies. Blockchain technology will mainly be used to verify the identity of every person on the network, to prevent duplicate votes. Seoul’s new initiative, called Democracy Seoul, is in line with the central government’s vision of establishing a more open platform for discussions between the government and the general public. Read Full on Decrypt.

10. Ukraine’s Central Bank: E-Hryvnia Threatens Landscape of Banking System
The National Bank of Ukraine told that central bank digital currency (CBDC) has the potential to strengthen public confidence in the central bank and its financial services. NBU presented the results of testing its CBDC project, the e-hryvnia, noting that the bank is continuing to look into issuing its own CBDC. The central bank listed major advantages like reliability, convenience as well as the opportunity to tackle the “shadow economy. Bank also mentioned that CBDC as the possible threat to the traditional banking system. Read Full on Cointelegraph.

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