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📮 28-03-2020

📈MarketCap:                  $175  B
📊24h Mcap %:                  -6.56%
⚠️Bitcoin Dom:                 65.10%

📌Active Coins:                2,915
📍24h Vol %:                    2.94%
💲24h Vol:                    $118  B

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1. Singapore Grants Crypto License Exemptions to Coinbase and Binance
While Singapore recently adopted specific cryptocurrency legislation the Payment Services Act (PSA) — in January 2020, it turns out that the Monetary Authority of Singapore (MAS), the country’s central bank and major financial regulatory authority, exempted some crypto firms like Ripple, Coinbase and Binance. According to a statement released on March 24, the listed companies are allowed to continue to provide specific payment services without holding a PSA license until July 28, 2020. Read Full on CoinDesk.

2. Bitcoin Addresses with more than one BTC hits new highs
Bitcoin addresses holding at least one whole BTC just reached a new all-time high, even in the face of a full-blown market meltdown. There are now almost 797,123 members of the ‘whole Bitcoin club’. The rising figure suggests although there has certainly been a huge amount of selling pressure as of late, however it has done very little to put off the majority of Bitcoin investors. Similarly, the number of new Bitcoin addresses also suggests continued network growth. Already this year, there are 46.8 million new wallets. Read Full on BeInCrypto.

3. WHO Teams With IBM, Microsoft on Blockchain-Based Coronavirus Data Hub
IBM, Microsoft and the World Health Organization (WHO) has collaborated for an open-data hub that will use blockchain technology to check the veracity of data relating to the coronavirus pandemic. The solution, dubbed MiPasa, is launching as a “COVID-19 information highway”. MiPasa, built on Hyperledger Fabric, is expected to evolve as a range of data analytics tools are added, followed by testing data and other information to assist with the precise detection of COVID-19 infection hotspots. Read Full on CoinDesk.

4. Bitwise Asset Management is seeking to list its crypto index fund on OTC Markets
Bitwise has begun the process of getting its crypto index fund listed on OTC Markets (OTCQX) to let retail investors access the fund in their brokerage accounts. Bitwise Asset Management is working toward getting its crypto index fund listed on OTC Markets (OTCQX). The firm notified investors that it has started the process of listing shares of the Bitwise 10 Index Fund which includes bitcoin, ethereum, XRP, bitcoin cash, litecoin, EOS, tezos, stellar lumens, ADA and ethereum classic, on OTCQX under the SEC-regulated Alternative Reporting Standards. Read Full on The Block.

5. Bitcoin Will 'Come of Age' in 2020 Crisis
Pantera Capital Founder and CEO Dan Morehead has predicted Bitcoin will “come of age” during the 2020 financial crisis and may top its all time high price. The San Francisco-based blockchain and cryptocurrency hedge fund founder said he believes, It’s not going to happen overnight but the price of Bitcoin may set a new record in the next twelve months. He told, The global economy is about to enter its first ever period of negative growth. He added, "Bitcoin was born in a financial crisis. It will come of age in this one." Read Full on Cointelegraph.

6. Blockchain Jobs are Rising Despite Worldwide Recession
Despite global recession in both crypto and traditional markets, many blockchain jobs continue to rise. Indeed.com displayed approximately 114.5 per million blockchain-centric jobs last December, right before the first new coronavirus case was reported. By February 2020 that number had increased 3% to 118.4 per million. Also, one of the largest cryptocurrency exchanges Kraken, is looking to increase its job force by 10%, despite the recent dips in crypto price, according to Forbes on March 26. Read Full on Cointelegraph.

7. Most Traders Expect New All-Time High for Bitcoin in 2020
A user poll conducted by Kraken which analyzed the responses of 400 “VIP” crypto traders has revealed that most traders are expecting Bitcoin to break into new ATH. The overall market sentiment is slightly bullish, with 44% of participants stating that the cryptocurrency markets are in a bull market. The survey found that the average BTC price target for 2020 is $22,866. Survey reveals 19% of the participants believes Crypto growth will be accelerated due to adoption, 15% says it will be due to upcoming Bitcoin halving. Read Full on Cointelegraph.

8. Binance Academy Establishes Physical Presence in Shanghai
Binance Academy has entered into an agreement with Shanghai’s local government to set up an office in the country. The initiative will reportedly be devoted to research blockchain technology. Binance Academy will establish the Lingang Blockchain Technology and Industry Research Institute in Shanghai’s Lingang special economic zone. The initiative is the result of cooperation with local organizations in the Lingang area, and is set to promote China’s blockchain technology research and industrial application within China. Read Full on Cointelegraph.

9. 15,855 Bitcoins BTC Transferred by Anonymous Wallets
An armful of large Bitcoin transactions has been noticed between anonymous wallets and major exchanges, like Binance, OKEx, Coinbase, Poloniex, Bitfinex as the market might be accumulating BTC. Over the last twenty-four hours, Whale Alert has detected around a dozen transactions bearing almost 16,000 BTC in total. This amounts to $99,702,423. The aforementioned transactions could be signaling that investors are now actively accumulating BTC, although some might be also selling their stashes. Read Full on U.Today.

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