Wednesday, September 30, 2020

Archive for September 2020

Cryptocurrency News Cast For September 30th 2020 ?

Wednesday, September 30, 2020

Cryptocurrency News Cast For September 30th 2020 ?

Cryptocurrency News Cast 📮 30-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $343 B

📊24h Mcap %:        0.49%

⚠️Bitcoin Dom:        57.60%

📌Active Coins:        3,910

📍24h Vol %:           -5.30%

💲24h Vol:                 $79 B


Cryptocurrency News Updates :

  • Blockchain Patent Filing in China Has Rose Significantly
  • Blockchain Powers Privacy-Focused Security Cameras
  • Report: Institutional Investors Want To HODL Bitcoin
  • $16 Billion Worth ADA Is Delegated In 1100+ Stake Pools
  • India's Largest Bank HDFC Bank Joins Ripple's Payment Network
  • Coinbase Unveiled 5% Staking Rewards For Cosmos’ ATOM Token
  • Crypto Exchange Gemini Now Supports Shielded Zcash Withdrawals

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- Blockchain Patent Filing in China Has Rose Significantly

Chinese companies are angling to overtake the United States in blockchain adoption. According to a report titled “2020 Blockchain Industry Development”, Chinese companies have applied for 4,435 blockchain patents accounting for about half of the world's total. Also Data collected by Thomson Reuters from the international patent organization likewise showed that over half of the 406 patents filed in 2017 came from China. The country took the top spot with 225 Blockchain patents, followed by the US with 91, and Australia with 13. Read Full on cointelegraph

- Blockchain Powers Privacy-Focused Security Cameras

IoTeX, a privacy-focused platform for the Internet of Things, has partnered with camera maker Tenvis Technology to bring Ucam, a blockchain-powered indoor security camera. Head of business development at IoTeX Larry Pang told that Ucam users can access their camera data through a decentralized system and log in with an “uncrackable” password. The camera or a user’s mobile phone handles all the computing, meaning decryption occurs on the devices, letting users control their own data. Read Full on cointelegraph

- Report: Institutional Investors Want To HODL Bitcoin

Institutional investors are moving toward holding Bitcoin in “physical” form instead of cash-settled futures, a report from cryptocurrency derivatives exchange ZUBR says. Such investors are also undeterred by the volatility of the biggest cryptocurrency by market cap—and are thinking about holding onto the asset in the long term, the report adds. Report concludes that institutional investors are relying on regulated exchanges to get involved in Bitcoin derivatives. Read Full on Decrypt.

- $16 Billion Worth ADA Is Delegated In 1100+ Stake Pools

Cardano Founder Charles Hoskinson shared on his YouTube Channel that the growth of the Cardano’s community has been accelerated by Shelley’s success, improvements on Daedalus, the launch of Catalyst (Voltaire era), and other upcoming phases like Goguen. Delegators on Shelley are already earning staking rewards and more pools are able to produce blocks with each passing epoch. Data from ADApools.org shows that 57204 delegators have staked over $16 Billion worth of ADA in 1169 stake pools. Read Full on ZyCrypto

- India's Largest Bank HDFC Bank Joins Ripple's Payment Network

Ripple‘s Managing Director of MENA, Navin Gupta, has now officially confirmed at this year’s Swell MENA conference that India’s largest bank, HDFC Bank Limited, has joined RippleNet. HDFC Bank is the largest private sector lender in India by assets and the largest bank in India by market capitalization. HDFC Bank will not use the XRP token straight away, but will at least test or use Ripple's blockchain technology for worldwide payments. Read Full on Crypto News Flash

- Coinbase Unveiled 5% Staking Rewards For Cosmos’ ATOM Token

Crypto exchange Coinbase is expanding its staking rewards program to include Cosmos’ ATOM token. Users will automatically begin earning 5% annually on their ATOM holdings. The exchange said it will pay out ATOM rewards every seven days. ATOM is only the second cryptocurrency to join Coinbase’s nearly year-old rewards program, after tezos (XTZ) kicked off the service in 48 U.S. states last November. With the addition of ATOM, Coinbase is making staking available to eligible customers in the U.S., Britain, France, Spain, Netherlands and Belgium. Read Full on CoinDesk.

- Crypto Exchange Gemini Now Supports Shielded Zcash Withdrawals

Gemini, a crypto exchange, aims to improve user privacy with a major privacy token, Zcash (ZEC). Gemini will support shielded withdrawals of ZEC, which allows users to hide their transaction data. Zcash is allowing two user privacy levels through two types of addresses — transparent, or t-addresses, and shielded, or z-addresses. The exchange will store ZEC in t-addresses. In order to complete a withdrawal of shielded ZEC, users can simply withdraw their ZEC to a z-address. Exchange users are already able to deposit ZEC from a z-address into their accounts. Read Full on cointelegraph

Tuesday, September 29, 2020

Archive for September 2020

Cryptocurrency News Cast For September 29th 2020 ?

Tuesday, September 29, 2020

Cryptocurrency News Cast For September 29th 2020 ?

Cryptocurrency News Cast 📮 29-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $342 B

📊24h Mcap %:       -1.79%

⚠️Bitcoin Dom:        57.60%

📌Active Coins:        3,910

📍24h Vol %:           -2.38%

💲24h Vol:                 $89 B


Cryptocurrency News Updates :

  • Tesla Stock Is More Volatile Than Bitcoin
  • Worried Investors Poured Millions Into Bitwise’s Bitcoin Fund
  • Ethereum Cumulative Fees In 2020 Eclipsed Bitcoin
  • Famous Author Jeff Booth Thinks World Currencies Will Be Pegged To Bitcoin
  • Anonymous Crypto Donation Saves OpenBazaar From Shutting Down
  • Hal Finney's Lost Contribution To Bitcoin Core To Be Restored
  • David Beckham Will Be Tokenized On ETH Based Fantasy Soccer Game
  • Ethereum 2.0 Testnet 'Spadina' Goes Live Ahead Of The Mainnet
  • Almost 2 Million ETH Currently Staked on Ethereum 2.0 Testnet

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- Tesla Stock Is More Volatile Than Bitcoin

Bitcoin is often criticized for being over volatile, but it's been a sea of calm compared with Tesla stock in recent months. Tesla (TSLA) has been seeing bigger daily percentage moves since the end of June, according to 30-day realized volatility data. Bitcoin witnessed a below-1.25% daily move in 14 out of the last 27 days, according to data from TradingView – almost 52% of the time. However, Tesla only achieved sub-1.25% moves 6% of the time over the same period, data source Skew tweeted early Monday. Read Full on CoinDesk.

- Worried Investors Poured Millions Into Bitwise’s Bitcoin Fund

Accredited investors worried about out-of-control inflation have poured millions into Bitwise’s bitcoin fund as a means to preserve the value of their portfolios. An amended filing with the Securities and Exchange Commission shows Bitwise raised, in total, just under $8.9 million for its Bitcoin Fund, which provides accredited U.S. investors with exposure to bitcoin through a traditional product. This marks the single-largest increase in assets raised in the fund’s two-year history. A filing from 2019 shows the Bitcoin Fund attracted $4.1 million in investment. Read Full on CoinDesk.

- Ethereum Cumulative Fees In 2020 Eclipsed Bitcoin

Cumulative transaction fees paid to Ethereum (ETH) miners for 2020 are now close to double those of Bitcoin (BTC), clocking in at $276 million versus $146 million. A chart released by Coinmetrics highlights how Ethereum fees went on a steep ascent in the latter part of the year, coinciding quite closely with the release of Compound’s token incentive. Cumulative 2020 fees on Ethereum equalized with Bitcoin’s on Aug. 12, continuing a break-neck ascent since. While past years, where Bitcoin generally dominated over any other network by a wide margin. Read Full on cointelegraph.

- Famous Author Jeff Booth Thinks World Currencies Will Be Pegged To Bitcoin

Author of The Price of Tomorrow and CEO of e-commerce company BuildDirect Jeff Booth noted that the irresponsible money printing that governments have embarked on is only exacerbating the escalating debt challenge. At the moment, it is a competition between the deflationary technology and the inflationary forces stemming from central banks’ monetary policies. Booth thinks that technology will ultimately win against money printing. As a consequence, the embattled national fiat currencies will then be pegged to bitcoin. Read Full on ZyCrypto.

- Anonymous Crypto Donation Saves OpenBazaar From Shutting Down

On September 25, OpenBazaar announced that their platform would likely shut down due to financial difficulties, stating that user growth and adoption had stalled. According to a tweet published by OpenBazaar, a mysterious donor has since agreed to cover the cost of the marketplace’s operations through the end of the year. While the exact amount of funding provided was not disclosed, OpenBazaar’s donation wallets have received over $13,000 as of publication in the form of Bitcoin, Ethereum, Litecoin, and other crypto donations. Read Full on cointelegraph.

- Hal Finney's Lost Contribution To Bitcoin Core To Be Restored

While Hal Finney may no longer be with us, one of his proposals from 2011 may soon find its way to Bitcoin. In a February 8, 2011 post on Bitcointalk, Finney said that reading a book titled “Guide to Elliptic Curve Cryptography” by Hankerson, Menezes, and Vanstone, gave him an idea of how to speed up signature verification by 25%. In the following post from the same day, Finney announced that he had already written “test code” and uploaded it to the Github repository. However, his method had already been patented by someone else and could be resurrected soon. Read Full on cointelegraph.

- David Beckham Will Be Tokenized On ETH Based Fantasy Soccer Game

Ethereum-driven fantasy soccer game Sorare continues its rapid growth, announced that it has signed 2020 Champions League finalist Paris Saint-Germain (PSG) F.C. as the 100th licensed club in the game. Current PSG stars players will be released as digital cards in the game, which users can buy, collect, trade, and use to form their fantasy squads to compete against other Sorare players. Sorare will tokenize some former PSG players, such as David Beckham during his time with the team in 2013. Read Full on Decrypt.

- Ethereum 2.0 Testnet 'Spadina' Goes Live Ahead Of The Mainnet

Ethereum 2.0 developers have deployed "Spadina" the final testnet ahead of the blockchain's upgraded mainnet release. Spadina would run for three days as one more "dress rehearsal" after the Medalla testnet went live last month. Spadina will run along with Medalla and test deposits and genesis block ahead of the mainnet release. The main objective is to give us all another chance to go through one of the more difficult and risky parts of the process deposits and genesis before we reach mainnet ETH 2.0 developer Danny Ryan said recently. Read Full on The Block.

- Almost 2 Million ETH Currently Staked on Ethereum 2.0 Testnet

Validator participation in Ethereum 2.0’s Medalla testnet is on the rise. And with the growing number of them, the number of staked test ETH is about to close in on a new high of Almost two million test ETH tokens. As per the latest update, validators have staked a little close to 2 million Goerli test tokens on the Ethereum 2.0 Medalla test net. Active validators are just above 62,000, with network participation ranging between 72 percent to 80 percent in the last 24 hours. Read Full on CryptoPotato.

Monday, September 28, 2020

Archive for September 2020

Cryptocurrency News Cast For September 28th 2020 ?

Monday, September 28, 2020

Cryptocurrency News Cast For September 28th 2020 ?

Cryptocurrency News Cast 📮 28-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $347 B

📊24h Mcap %:        5.66%

⚠️Bitcoin Dom:        57.50%

📌Active Coins:        3,910

📍24h Vol %:             9.32%

💲24h Vol:                 $95 B


Cryptocurrency News Updates :

  • Report: Grayscale Investments Acquired An Additional 17,100 BTC
  • Anthony Pompliano: Bitcoin (BTC) Is Valuable Because Nobody Can Hack It
  • Analysis: Bitcoin Marketcap Will Hit 'Trillions' in 5 to 10 Years
  • Willy Woo: Bitcoin Will Soon Decouple From Traditional Market's
  • Chainlink Will Help Counter Fake Viewer Data, Scam Ads
  • Uniswap Become The First DeFi Platform To Cross $2 Billion In Total Value Locked
  • Big Four Accounting Firm EY Launched Tool For Analyzing Bitcoin Transactions
  • 88% Of All Bitcoin That Will Ever Exist Has Already Been Mined

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- Report: Grayscale Investments Acquired An Additional 17,100 BTC

The world's largest bitcoin and cryptocurrency asset manager, Grayscale investment has bought an additional 17,100 BTC in the last 7 days. The current value of bitcoin recently purchased by Grayscale converts to approximately $182 million at current value of $10,600. Further investigation of the Grayscale website reveals that the total value of their bitcoin trust is now $ 4.8 billion. BTC has traded above the $10,000 psychological price for almost two months as Q3 2020 comes to an end. Read Full on ethereumworldnews.

- Anthony Pompliano: Bitcoin (BTC) Is Valuable Because Nobody Can Hack It

While covincing entrepreneur Dave Portnoy to buy and hold BTC for the long-term, Morgan Creek Digital co-founder and Bitcoin bull Anthony Pompliano told computer network that runs Bitcoin is stronger than anything in the world. No government, nobody can hack it because it is the strongest computing network in the world. He said unlike money, government can't print bitcoin, because there’s only 21 million and a computer runs it. So the only way to change the computer is if more than half the people agree to change what the computer does. Read Full on The Daily Hodl.

- Analysis: Bitcoin Marketcap Will Hit 'Trillions' in 5 to 10 Years

In a recent analysis, the New-York based investment advisory firm ARK Investment Management LLC made a pretty optimistic call regarding BTC’s growth. Bitcoin’s network valuation could balloon to $1 – 5 trillion in the next 5-10 years. The firm thinks that bitcoin’s aggregated market value could soar up to 25 times from where it is currently. Nonetheless, Bitcoin capturing 10% of gold’s global market will propel it’s network valuation upwards of $1 trillion. Read Full on CryptoPotato.

- Willy Woo: Bitcoin Will Soon Decouple From Traditional Markets

On-chain market analyst Willy Woo believes that bitcoin’s market movement will soon cease to correlate with that of traditional markets, as has been the case until now. Woo shared data from Glassnode showing a clear multiyear uptrend in bitcoin adoption. In his view, this is part of a growing body of evidence that BTC now functions as a long-term store of value for a growing number of ‘HODLers.’ This, he says, will exert more influence over the bitcoin price than “hedge fund and whale traders,” which will effectively decouple bitcoin’s performance from the S&P 500. Read Full on BeInCrypto.

- Chainlink Will Help Counter Fake Viewer Data, Scam Ads

Blockchain-enabled video network Theta has partnered with Chainlink to help push back on video advertising scams. The solution will counter scam-ads using video performance data from Theta’s network to assign a “reputation score” for each streamer based on their viewership by unique human visitors. Generated using Google’s big data solution, BigQuery, the score is then broadcast onto the Ethereum network using Chainlink’s oracles where advertisers can examine it while deciding to whom to give ads. Read Full on CoinDesk.

- Uniswap Become The First DeFi Platform To Cross $2 Billion In Total Value Locked

Top non-custodial exchange Uniswap has become the first decentralized finance (DeFi) protocol to cross $2 billion in total value locked (TVL), according to tracker DeFi Pulse. Ether (ETH), Tether (USDT), and Wrapped bitcoin (WBTC) are Uniswap's top three tokens by liquidity. Uniswap's dominance, among other DeFi protocols, is about 18%. The combined TVL of all protocols has hit more than $11 billion as the yield farming trend continues. Read Full on The Block.

- Big Four Accounting Firm EY Launched Tool For Analyzing Bitcoin Transactions

Big four accounting firm EY has launched a new solution for investigating on-chain data including Bitcoin (BTC) transactions. The new Explorer and Visualizer solution launched as a part of the EY Blockchain Analyzer product suite. Users will be able to utilize search functionalities along with its visualization technology. It will allow audit teams to explore and track on-chain data by searching for specific transactions, addresses and blocks. They may then analyze the gathered data to manage legal, compliance and fraud risks. Read Full on cointelegraph.

- 88% Of All Bitcoin That Will Ever Exist Has Already Been Mined

According to CoinMarketCap data, Bitcoin’s total circulating supply has surpassed a major milestone of 18.5 million coins. This implies 88% of all coins that will ever exist in circulation have already been mined. The first Bitcoin block which is known as the “genesis block” was mined by Satoshi Nakamoto, the pseudonymous creator of the world’s largest crypto on Jan. 3, 2009. The final Bitcoin block is expected to be mined no earlier than 2140. Read Full on U.Today.

Sunday, September 27, 2020

Archive for September 2020

Cryptocurrency News Cast For September 27th 2020 ?

Sunday, September 27, 2020

Cryptocurrency News Cast 📮 27-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $338 B

📊24h Mcap %:       -0.62%

⚠️Bitcoin Dom:        57.80%

📌Active Coins:        3,910

📍24h Vol %:           -4.58%

💲24h Vol:                 $82 B


Cryptocurrency News Updates :

  • Brad Garlinghouse: CBDCs Doesn't Threaten XRP
  • Bitcoin Outperforming Gold, Nasdaq, S&P 500 in 2020
  • Weiss: ETH Is Great As Trading Instrument But Hodling Bitcoin is Better
  • Israeli Lawmakers Wants To Treat Bitcoin As A Currency
  • Galaxy Digital: Bitcoin Has 60X Market Expansion Potential
  • $1.2 Billion in Bitcoin Has Now Moved to Ethereum
  • Ant Group Launched A Cross-Border Trading Blockchain Platform "Trusple"

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- Brad Garlinghouse: CBDCs Doesn't Threaten XRP

Ripple CEO Brad Garlinghouse continues to bolster the opinion that digital assets like XRP aren’t threatened by Central Bank Digital Currencies (CBDCs), but rather, convinced that XRP would be that bridge amongst different CBDCs. Brad Garlinghouse buttressed the point highlighted in the Ripple Insight’s latest newsletter that CBDC is one thing, interoperability amongst different CBDCs is another. He believes XRP digital asset, will be a bridge amongst these currencies as it provides real-time transactions across multiple global markets. Read Full on ZyCrypto.

- Bitcoin Outperforming Gold, Nasdaq, S&P 500 in 2020

Almost 10 months into 2020, Bitcoin is up about 48.7% year-to-date, outperforming gold, the NASDAQ Composite Index, the S&P 500 Index. BTC started the year around $7,215 and is trading at $10,732 at time of writing. Whereas Gold was trading around $1,540/ounce at the beginning of 2020 and is currently going for $1,861.68/ounce. That’s about a 20.8% increase. Similarly, the NASDAQ Composite Index is up 21.63% year-to-date, MarketWatch reports. The S&P 500 is up only 2.09%. Read Full on The Daily Hodl.

- Weiss: ETH Is Great As Trading Instrument But Hodling Bitcoin is Better

 Weiss Ratings has pointed out that Bitcoin is a better option than Ethereum when it comes to a buy-and-hold investment strategy. Weiss Ratings explained that 2017 was the first time Ethereum hit the $300 mark when Bitcoin was valued at around $1,000. Three years later and in 2020, Ethereum is once again in the $300 value range whereas Bitcoin is knocking at the $11k price level. In terms of returns, BTC is now at 11x thus demonstrating that Bitcoin is a better option for a buy-and-hod strategy. Read Full on twitter.

- Israeli Lawmakers Wants To Treat Bitcoin As A Currency

Four members of the Israeli legislature has purposed a bill in the Israeli parliament Knesset that recommended a new law to treat Bitcoin (BTC) as a currency instead of an asset for tax purposes. The bill proposes several changes to crypto taxation, including the amendment of the existing tax law to exempt digital assets like BTC from capital gains tax. The bill says, “The regulatory reality in Israel is not adapted to the existing reality in the field. Digital currencies will continue to be a growth engine that allow the Israeli high-tech industry to flourish and develop.” Read Full on Bitcoin News.

- Galaxy Digital: Bitcoin Has 60X Market Expansion Potential

Galaxy Digital Capital Management, a leader in digital asset investing, says Bitcoin’s mainstream market presence is on the rise, with more growth potential than gold. According to Galaxy Digital, Gold’s market capitalization is currently over $12 trillion while Bitcoin’s is currently around $200 billion, less than 2% of the gold market. That presents a potential greater than 60x market expansion opportunity if Bitcoin grows to gold’s level as an store of value asset. Firm says Institutional adoption of Bitcoin has already surged since the Covid-19 pandemic. Read Full on The Daily Hodl.

- $1.2 Billion in Bitcoin Has Now Moved to Ethereum

The amount of Bitcoin converted into Ethereum-based ERC-20 tokens had hit $1.2 billion, per data from Dune Analytics. This means that 0.5% of all of Bitcoin’s market cap has been ported to the Ethereum blockchain. This is the most Bitcoin that's moved over to the Ethereum blockchain to date. Just weeks ago, the figure was less than half what it is today, sitting at just over $500 million. wBTC is the most popular synthetic Bitcoin on Ethereum; it has 73.6% of the market’s supply. renBTC has 18.4%, and Huobi BTC, or hBTC, has 4.2%. Read Full on Decrypt.

- Ant Group Launched A Cross-Border Trading Blockchain Platform "Trusple"

Ant Group has launched a cross-border trading blockchain platform as it prepares for what could be the largest stock market flotation of all time. Ant said Friday that its new trade platform, called "Trusple," will make it easier for small and medium-sized enterprises (SMEs) to sell their wares to clients overseas. Trusple automates key aspects of the payments process, such as order placement and tax liabilities. This makes cross-border trades feasible for entities that would otherwise struggle had they used legacy systems, according to the firm. Read Full on CoinDesk.

Saturday, September 26, 2020

Archive for September 2020

Cryptocurrency News Cast For September 26th 2020 ?

Saturday, September 26, 2020


Cryptocurrency News Cast 📮 26-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $340 B

📊24h Mcap %:        0.96%

⚠️Bitcoin Dom:        58.00%

📌Active Coins:        3,910

📍24h Vol %:           -10.36%

💲24h Vol:                 $90 B


Cryptocurrency News Updates :

  • Tron Brings Wrapped Bitcoin (wBTC) To Tron Ecosystem
  • Bitcoin Is Undervalued, Fair Value Price Should Be $15,000
  • Mike Novogratz: Institutional Adoption Of Bitcoin Has Begun
  • Samsung’s New Blockchain Pilots Will Track Medicines
  • VeChain To Increase Blockchain Interoperability
  • Venezuela Gets Its First Bitcoin Satellite Node
  • Jack Dorsey: Bitcoin Holds The Keys To Security
  • China’s BSN Teams up With Tezos For Its International Portal
  • China State Media Calls Crypto 2020's Best Performing Asset

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- Tron Brings Wrapped Bitcoin (wBTC) To Tron Ecosystem

Tron, the blockchain launched in 2017 by Justin Sun, has entered a strategic alliance with custody specialists BitGo. The partnership will bring BitGo’s wrapped bitcoin (WBTC) into the Tron ecosystem as a TRC-20 token. The introduction of WBTC – plus a newly-created wrapped ether token from BitGo – is meant to help fuel the incipient decentralized finance (DeFi) ecosystem on Tron. WBTC has been a key driver in the growth of DeFi on Ethereum. Tron founder Sun said the move will help sidestep surging transaction fees on the Ethereum blockchain. Read Full on CoinDesk.

- Bitcoin Is Undervalued, Fair Value Price Should Be $15,000

Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. He based his arguments on various factors, including bitcoin’s rising hashrate, which according to the latest data from charts.Bitcoin.com, BTC’s seven-day average hashrate rose past 140 exahash per second (EH/s) this week, an all time high. Meanwhile, the number of active bitcoin addresses has soared to 991,000, Glassnode data shows. Read Full on Bitcoin News.

- Mike Novogratz: Institutional Adoption Of Bitcoin Has Begun

During a Benzinga Boot Camp in conjunction with BlockFi, Galaxy Digital founder Michael Novogratz told that institutional adoption of bitcoin has started. If you think you’ve heard Novogratz say “the herd is coming” before, in reference to the institutional adoption of bitcoin, you’d be correct. The only problem was that the “herd” continued to sit on the sidelines, afraid of dipping their toe into the crypto waters. This time, however, the Novogratz insisted the herd is really coming. He told "I see it, I’m getting phone calls every day." Read Full on BeInCrypto.

- Samsung’s New Blockchain Pilots Will Track Medicines

Samsung SDS the IT arm of samsung group will conduct a series of pilot projects in November to test blockchain-powered medicine distribution management. The goal of these tests is to guarantee transparency in the process of tracking pharmaceutical drugs. Officials from Samsung SDS also said that they’ve received “several” participation applications for the pilots from unnamed pharmaceutical firms, distributors, and even medical institutions in South Korea. Lee Eun-young, senior researcher at Samsung SDS, stated that the pilots will last between three and six months. Read Full on cointelegraph.

- VeChain To Increase Blockchain Interoperability

The VeChain Foundation has announced the integration of Coinbase's toolkit for blockchain integration, called Rosetta. The open source project aims to simplify the protocol integration process for digital wallets, exchanges and other platforms. Integrating a new blockchain is a cumbersome process that requires plenty of time and effort. Exchanges find it challenging to ensure compatibility with a plethora of new blockchains, which is why Rosetta introduced a single interoperability standard for listing new tokens. Read Full on U.Today.

- Venezuela Gets Its First Bitcoin Satellite Node

Venezuela has its first Bitcoin satellite node capable of processing transactions without an internet connection. The Venezuelan "space node" was set up in the country by Anibal Garrido and the Anibal Cripto team. It uses technology from Blockstream. The node antenna, deployed in Valencia, is the first of three. The other two will be deployed in the capital city, Caracas, and Puerto Ordaz. This would be the first stage of an ambitious project that could help increase Bitcoin's usability in a country with below-average technological infrastructure. Read Full on Decrypt.

- Jack Dorsey: Bitcoin Holds The Keys To Security

In a recent interview Square CEO Jack Dorsey said bitcoin and blockchain is paving the way for greater security, making trust a less crucial component. Dorsey also described blockchain and decentralization as changing the landscape of online content, hosted by numerous parties instead of centralized entities. He explained, Blockchain and Bitcoin point to a future, and point to a world, where content exists forever, where it's permanent, where it doesn't go away, where it exists forever on every single node that's connected to it. Read Full on cointelegraph.

- China’s BSN Teams up With Tezos For Its International Portal

China’s government-backed blockchain project, the Blockchain Service Network (BSN), has announced the integration of the Tezos blockchain onto its international portal. Due to the integration, developers worldwide can now access the Tezos protocol using BSN’s global public city nodes and portals. According to the BSN, there are three global public city nodes that have integrated with the Tezos blockchain in both mainnet and testnet. To date, BSN’s global public city nodes include locations in Hong Kong, California, and Paris. Read Full on cointelegraph.

- China State Media Calls Crypto 2020's Best Performing Asset

China Central Television (CCTV), the country's top broadcaster, published a three-minute news clip on Friday that highlighted crypto assets have soared by 70% this year so far. The report added that "cryptocurrency has undoubtedly become the top performing investment" among various global assets. Citing Bloomberg's index, CCTV said the yield of crypto asset has this year surpassed that of gold, which has risen only 20%. Read Full on CoinDesk.

Friday, September 25, 2020

Archive for September 2020

Cryptocurrency News Cast For September 25th 2020 ?

Friday, September 25, 2020

Cryptocurrency News Cast For September 25th 2020 ?
Cryptocurrency News Cast 📮 25-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $337 B

📊24h Mcap %:        5.89%

⚠️Bitcoin Dom:        58.20%

📌Active Coins:        3,910

📍24h Vol %:             2.00%

💲24h Vol:                 $104 B


Cryptocurrency News Updates :

  • Major Meat-Processor Firm Aims To Deploy Blockchain To Control Deforestation In Amazon
  • Number of Bitcoin Hard Forks Reached Approximately 436
  • Iranians Considering Bitcoin As An Alternative To The Rial
  • Chainlink Price Spikes 21% As The Crypto Market Showing Positive Sign
  • Visa Willing To Incorporate Crypto and Blockchain In Its Operation
  • Cambridge :100M People Worldwide Now Actively Uses Crypto Assets
  • EU To Become The Largest Regulated Crypto Space In The World
  • Stablecoins Total Value Hits All-Time High Of $20 Billion
  • Number of Addresses Depositing Bitcoin To Exchanges Has Doubled Since The Beginning Of The Year

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- Major Meat-Processor Firm Aims To Deploy Blockchain To Control Deforestation In Amazon

JBS S.A., the biggest meatpacker globally by sales, plans to use blockchain technology to stem deforestation caused by cattle suppliers in the Amazon. The Brazilian company aims to be monitoring all of its meat suppliers on a blockchain system by 2025. JBS said that it would set up a fund worth 1 billion reals (around $179 mln) fund to support social and economic development in the Amazon. The company aims to provide 25% of the funding itself over the first five years, with other parties expected to join the initiative and match its donation. Read Full on CoinDesk.

- Number of Bitcoin Hard Forks Reached Approximately 436

Bitcoin—the godfather of all cryptocurrencies—is also a father, and grandfather, to over 436 altcoins that account for approximately six percent of the total sum of the cryptocurrency market. A Bitcoin hard fork is quite literally tears the protocol in two. Since Bitcoin's genesis in 2009, there have been approximately 436 hard forks—of which, around 250 are defunct as of writing. Nevertheless, even with hundreds of offspring looking to overthrow Bitcoin, it captures a market cap dominance of 58%. Read Full on Decrypt.

- Iranians Considering Bitcoin As An Alternative To The Rial

Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously considering bitcoin as an alternative to the falling rial. Iran-based bitcoiner Zahra Amini was used to answering questions on cryptocurrencies, but usually about their relationship with crime. So when a 70-year-old man recently asked her to explain crypto because he no longer wanted to rely on the national rial, Amini felt something had changed. Read Full on CoinDesk.

- Chainlink Price Spikes 21% As The Crypto Market Showing Positive Sign

After a month-long retreat, the Link Marines are on the offensive once again. Today, the native token of oracle protocol Chainlink (LINK) jumped from $7.50 to $9.20 in a matter of hours, recovering from a steep drop earlier this month after skyrocketing by 1000% since the start of the year. Chainlink’s recovery today follows the general trend of the markets—though LINK’s rise today is much more dramatic. For instance, Bitcoin has managed to climb about 3% to $10,673, providing an optimistic mood among crypto scalpers. Read Full on Decrypt.

- Visa Willing To Incorporate Crypto and Blockchain In Its Operation

According to a recent Forbes interview Visa is evaluating opportunities to incorporate promising technologies, such as crypto and blockchain, into its operations. Speaking of central bank digital currencies (CBDCs),Visa’s head of crypto Cuy Sheffield, claims that his company is actively engaging with central banks on that front. He adds that this topic is starting to attract more interest. He told we are seeing significant interest in demand from crypto companies that want to work with Visa and connect their clients to our network of 60-plus million merchants. Read Full on forbes.

- Cambridge :100M People Worldwide Now Actively Uses Crypto Assets

Researchers at the Cambridge Centre for Alternative Finance recently revealed that 100 million people around the world currently hold Bitcoin (BTC) and other blockchain-based assets. As of Q3 2020, there are up to 191 million accounts opened at crypto exchanges. The study also highlights the geolocation of consumers, as crypto firms operating from North America and Europe “report higher user activity, with the median firm indicating that 40% of total users are considered active.” Read Full on cointelegraph.

- EU To Become The Largest Regulated Crypto Space In The World

The European Commission on Thursday proposed legislation that will turn cryptocurrencies into a regulated financial instrument. Dubbed the "Regulation on Markets in Crypto Assets" (MiCA), the bill will provide clarity on what constitutes a "crypto asset," as well as definitions for different token subcategories. If passed, the MiCA would turn the EU into the largest and most significant regulated space for cryptos anywhere in the world. The framework will be applicable in all 27 member states. Read Full on CoinDesk.

- Stablecoins Total Value Hits All-Time High Of $20 Billion

The total value of stablecoins has now surpassed $20 billion, reflecting the growing demand of investors looking to hedge their risks in both crypto and traditional markets amid the coronavirus pandemic. Data from Coin Metrics show that the total value of assets for all stablecoins breached the $20 billion mark Thursday, only a little more than four months after the number broke a $10-billion record in May. Stablecoins are digital tokens, the values of which are pegged to fiat currencies like U.S. dollars. Read Full on CoinDesk.

- Number of Addresses Depositing Bitcoin To Exchanges Has Doubled Since The Beginning Of The Year

The number of Bitcoin (BTC) addresses depositing funds to exchanges has doubled since the beginning of the year, as per data from Glassnode. Currently, around 100k unique addresses send BTC to exchanges each day. Last time this levels saw during the peak bull market of 2017. This may be due to rising interest in BTC as more uncertainty continues to build up concerning the future of the U.S Dollar. Recent reports indicate that the U.S Dollar inflation rate is constantly increasing and this is expected to worsen as the U.S Fed continues to print dollar bills indiscriminately. Read Full on Twitter.

Thursday, September 24, 2020

Archive for September 2020

Cryptocurrency News Cast For September 24th 2020 ?

Thursday, September 24, 2020

Cryptocurrency News Cast For September 24th 2020 ?
Cryptocurrency News Cast 📮 24-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $328 B

📊24h Mcap %:       -0.38%

⚠️Bitcoin Dom:        58.20%

📌Active Coins:        3,910

📍24h Vol %:           -1.79%

💲24h Vol:                $101 B

Cryptocurrency News Updates :

  • Binance Futures Years to Date Trading Volume Hits $1 Trillion
  • Venezuela Legalizes Cryptocurrency Mining
  • Litecoin’s Daily Transaction Exceed 130,000 due to the launch of LiteBringer Game
  • Visa And Goldman Sachs Joins The Chamber Of Digital Commerce
  • Crypto Exchange Gemini Launched In UK After Getting License From FCA
  • Travel Booking Platform Travala.com Adds Chainlink As Payment Option
  • Argentines Buying Bitcoin As Argentinian Peso Falls Further
  • Massive Messaging LINE Launches LINK Token Reward Program For Its App

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- Binance Futures Years to Date Trading Volume Hits $1 Trillion

After celebrating its first birthday earlier this month, Binance Futures has announced a new milestone. The derivatives trading platform of the leading cryptocurrency exchange Binance has exceeded $1 trillion in trading volume since the start of the year. The first-ever and largest cryptocurrency by market cap remains the most frequently traded digital asset on futures platforms. Binance Founder and CEO Changpeng Zhao (CZ) commented that the company implemented “what worked for us in spot trading” when establishing the futures platform. Read Full on CryptoPotato.

- Venezuela Legalizes Cryptocurrency Mining

The government department responsible for regulating cryptos has legalized the mining industry in Venezuela, local industry news site reported. The new decree was published in the Official Gazette on Monday and authorized by Joselit Ramirez, head of National Superintendency of Crypto Assets and Related Activities. It states that any local entity wishing to mine cryptos must apply for a licence and be listed on a government register. All mining activities must be carried out through an official National Digital Mining Pool. Read Full on CoinDesk.

- Litecoin’s Daily Transaction Exceed 130,000 due to the launch of LiteBringer Game

The number of daily transactions on the Litecoin (LTC) blockchain has reached over 130,000. “Transactions are exploding on the Litecoin blockchain!! This is due to LiteBringer Game but the best part about it is everyone playing the game has to learn about LTC and its use as a currency. You cannot play unless you have some lites,” Litecoin team member Jon Moore tweeted. LiteBringer has already claimed the 9th place among the top blockchain games with a 2,584% rise in player base since September 15. Read Full on Decrypt.

- Visa And Goldman Sachs Joins The Chamber Of Digital Commerce

Goldman Sachs, Visa and six digital exchange (SDX) have all been announced to be joining the executive committee of the chamber of digital Commerce. Even the former White House chief of staff and co-founder of the congressional blockchain caucus, Mick Mulvaney is going to be joining the chamber the board of advisers. With the addition of Goldman Sachs and Visa, it is going to continue the trend of greater crypto engagement through payments and massive financial institutions. Read Full on cryptodaily.

- Crypto Exchange Gemini Launched In UK After Getting License From FCA

Crypto exchange and custodian Gemini has launched in the U.K. as part of its global expansion plans. U.K. residents can now deposit British pounds via debit cards or bank transfers to buy crypto via Gemini. The exchange supports the U.K. Faster Payments Scheme, SWIFT, Clearing House Automated Payment System (CHAPS), and wire transfers as payment methods. Gemini's U.K. launch after the exchange received an Electronic Money Institution (EMI) license from the Financial Conduct Authority (FCA). Read Full on The Block.

- Travel Booking Platform Travala.com Adds Chainlink As Payment Option

Travala.com, the leading crypto-friendly travel booking platform, has announced today the integration of Chainlink (LINK), the leading decentralized oracle network. This means that Chainlink holders will be now able to pay for travel booking at over 2.2 million hotels and homes in 230 countries globally, including accommodations from travel giants such as Booking.com, Expedia and Agoda. LINK will be featured alongside a growing line-up of leading crypto including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and AVA, Travala.com’s native crypto. Read Full on Travala.com .

- Argentines Buying Bitcoin As Argentinian Peso Falls Further

Following its decision to impose a new 35 percent withholding tax on U.S. dollar transactions, Argentina’s peso has continued its freefall. Since the announcement was made last week, desperate Argentinian savers have continued to convert their peso holdings into cryptocurrencies to hedge against devaluation. Data from Local Bitcoins and Paxful, two of the world’s largest peer-to-peer crypto trading platforms, shows that Argentinian Bitcoin purchases over the past month have significantly surged. Read Full on BeInCrypto.

- Massive Messaging LINE Launches LINK Token Reward Program For Its App

LINE, which has more than 84 million users in Japan, announced that it has started a rewards program where it gives out its token LINK to those that use its digital services. Users will be rewarded with LINK by connecting their accounts to its three mobile apps, including LINE Pay for remittance and settlement, LINE Securities for personal investment and LINE Score for credit evaluation. The company aims to encourage its users to participate in the token economy in which more people would trade or use the LINK token as a way of payment and increase its utility. Read Full on CoinDesk.

Wednesday, September 23, 2020

Archive for September 2020

Cryptocurrency News Cast For September 23rd 2020 ?

Wednesday, September 23, 2020

Cryptocurrency News Cast For September 23rd 2020 ?
Cryptocurrency News Cast 📮 23-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $329 B

📊24h Mcap %:        0.29%

⚠️Bitcoin Dom:        58.40%

📌Active Coins:        3,910

📍24h Vol %:           -12.57%

💲24h Vol:                $97 B

Cryptocurrency News Updates :

  • US Space Force Will Use Blockchain to Deploy Hack-Proof Data Defenses
  • Canada’s First Regulated Crypto Exchange Goes Live
  • Max Keiser: Bitcoin Is Inversely Correlated to USD
  • Bitcoin ads Appeared On Disney+ During Cricket Match
  • Bitcoin Billionaires Cameron Winklevoss Think DeFi Is A Revolution
  • Thesis Launched New Version Of Bitcoin-Backed Ethereum Token tBTC
  • Chamath Palihapitiya Still Sizing Up His Bitcoin Holdings
  • Austrian Gin Makers Will Use Blockchain To Track The Authenticity Of Bottles

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- US Space Force Will Use Blockchain to Deploy Hack-Proof Data Defenses

The United States Space Force has engaged blockchain firm Xage Security to develop a new security layer for its communications systems. Called the Xage Security Fabric, the blockchain verifies data and protects the network from third party intervention, so confidential data sent from satellites to earth isn't intercepted en-route. It also ensures security remains consistent across the entire USSF network, preventing hackers and other malicious entities from identifying and exploiting any weak spots. Read Full on CoinDesk.

- Canada’s First Regulated Crypto Exchange Goes Live

Winklevoss brothers-founded Gemini powers the first regulated crypto exchange in Canada. Wealthsimple Crypto, the first regulated cryptocurrency exchange in Canada, is rolling out its trading platform to the public today. Starting from Sept. 22, users in all 13 provinces and territories in Canada will be able to sign up for the new product and start trading cryptocurrencies. At the launch, Wealthsimple Crypto will allow users to buy and sell Bitcoin and Ether. Deposits and withdrawals can only be made in Canadian dollars. Read Full on cointelegraph.

- Max Keiser: Bitcoin Is Inversely Correlated to USD

Bitcoin is not correlated to the stock market, stated prominent Bitcoin advocate Max Keiser. Responding to the tweet by an anonymous twitter user who stated that the flagship cryptocurrency is likely to collapse if the stock market plummets, Keiser pointed out that the only thing Bitcoin is correlated with is the USD in an inverse manner, as is gold. The Bitcoin advocate called on the community and the tweet author not to be fooled by randomness. Read Full on U.Today.

- Bitcoin ads Appeared On Disney+ During Cricket Match

As reported by Twitter user Mohit Rai Sharma, ads for Zebpay featuring bitcoin appeared on Indian streaming platform Disney+ Hotstar during Indian Premier League cricket games starting Sept. 19. “Learn about simple, secure Bitcoin,” the ads stated. The ad representes a historic moment for crypto in India as more than 462 million people watched the Indian Premier League games in 2019, with roughly 300 million tuning in using the Hotstar platform. Read Full on cointelegraph.

- Bitcoin Billionaires Cameron Winklevoss Think DeFi Is A Revolution

Ethereum’s DeFi space has fallen off dramatically over recent weeks due to weakness in the markets. However there are still many prominent supporters of DeFi. One of the Winklevoss Twins, has recently threw their weight behind DeFi in a series of messages. According to Cameron Winklevoss, DeFi is not the same as the 2017 ICO craze. When money was raised on shitcoin white papers written in a coffee shops. He said, DeFi is already live and working in the wild. Billions of dollars are at work earning positive yield. Read Full on twitter.

- Thesis Launched New Version Of Bitcoin-Backed Ethereum Token tBTC

Thesis, the blockchain development company behind Keep Network, has just released the new version of Bitcoin-backed Ethereum token tBTC. Thesis adds a new -and exciting- ingredient: decentralization. “As far as I know, this release is the first permissionless, censorship-resistant Bitcoin bridge on Ethereum. Anyone can mint $tBTC by connecting to the Bitcoin and Ethereum chains, and no one can censor transactions or redemptions,” said Matt Luongo, founder of Thesis. Read Full on CryptoPotato.

- Chamath Palihapitiya Still Sizing Up His Bitcoin Holdings

Social Capital founder Chamath Palihapitiya says that he’s still sizing up his Bitcoin holdings. He also claims that “nothing” could compare to his Bitcoin bet that he made in 2012: During Social Capital’s recent investment conference call, Palihapitiya claimed that his firm first got into BTC back in 2013. The cryptocurrency was among the company’s largest investments back in 2018 but it’s not clear how many coins his firm holds as of now. Read Full on U.Today.

- Austrian Gin Makers Will Use Blockchain To Track The Authenticity Of Bottles

The Stin, an Austrian-based gin distiller, is set to use ICON (ICX), South Korea’s largest public blockchain project, to transparently track its supply chain. An Austrian blockchain firm, block42, will be combining near-field communication (NFC) technology with the ICON blockchain to maximize the security of the tracking system. For The Stin's supply chain, block42 will be fitting 999 bottles of the distiller’s limited-edition gin with crypto-enabled NFC chips. These enable consumers to scan the bottles to check their authenticity of bottles. Read Full on cointelegraph.

Tuesday, September 22, 2020

Archive for September 2020

Cryptocurrency News Cast For September 22nd 2020 ?

Tuesday, September 22, 2020

Cryptocurrency News Cast 📮 22-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $328 B

📊24h Mcap %:        0.68%

⚠️Bitcoin Dom:        58.40%

📌Active Coins:        3,910

📍24h Vol %:           -17.30%

💲24h Vol:                $113 B

Cryptocurrency News Updates :

  • CIA's In-House R&D Arm Will Research Blockchain Technology
  • Survey: 26% Of Institutional Investors Will Increase Crypto Holdings
  • US Banks Can Hold Reserves for Stablecoins
  • Tyler Winklevoss: Bitcoin is 10X Better Than Gold
  • Nasdaq Will Launch World's First Bitcoin ETF On Bermuda Stock Exchange
  • E-commerce Giant JD.com to Build Apps for China's Digital Yuan
  • Iran’s Three Power Plants Will Offer Electricity For Crypto Mining
  • Bitcoin Hash Rate Touches New All-Time High

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- CIA's In-House R&D Arm Will Research Blockchain Technology

The U.S. Central Intelligence Agency (CIA) announced a new research and development unit on Monday, dubbed CIA Labs. The initiative "brings CIA officers together with the private sector and academia to research and develop science and technology solutions in support of CIA’s mission. Among the areas of research are "distributed ledger/blockchain-enabled technologies. CIA Labs conducts multidisciplinary research, development, testing, and engineering to address new challenges and improve, accelerate the production of existing solutions. Read Full on The Block.

- Survey: 26% Of Institutional Investors Will Increase Crypto Holdings

A recent study compiled by a cryptocurrency insurance company revealed that over 25% of surveyed institutional investors, who collectively manage nearly $80 billion of assets, are planning to increase their digital asset holdings. The study compiled by the company highlighted that 26% of all participants believe that pension funds, family offices, insurers, and sovereign wealth funds will “dramatically” increase their cryptocurrency purchases. Another 64% answered that they expect a slight rise. Read Full on CryptoPotato.

- US Banks Can Hold Reserves for Stablecoins

The Office of the Comptroller of the Currency (OCC) has issued its second letter this afternoon allowing U.S. financial institutions to back digital dollar stablecoins under the leadership of Acting Comptroller Brian Brooks. This letter permits U.S. financial institutions to hold deposits as reserves for stablecoins that represent fiat currency such as the U.S. dollar. The OCC defines stablecoins narrowly in this letter as applying to 1:1 backed stablecoins that represent a U.S. dollar. Read Full on Decrypt.

- Tyler Winklevoss: Bitcoin is 10X Better Than Gold

According to Tyler Winklevoss, co-founder of the Gemini crypto exchange, Bitcoin beats gold at its own game. Winklevoss said in a Sept. 21 tweet, Bitcoin is better at being gold than gold and not just incrementally, but by an order of magnitude or 10X better. In his social media post, Winklevoss included a chart pitting the two assets against each other. Out of seven categories, gold ruled only one the total amount money held in the asset. Read Full on cointelegraph.

- Nasdaq Will Launch World's First Bitcoin ETF On Bermuda Stock Exchange

Regulated Brazilian fund manager Hashdex has inked a deal with Nasdaq to launch the world’s first crypto asset exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX). The stock exchange announced it had approved the ‘Hashdex Nasdaq Crypto Index’ on September 18, revealing that 3 million Class E shares will be issued for trade on the platform. The fund should be liveby the end of the year. ETF offer a regulated and insured vehicle for institutional investors access exposure to commodities without holding the underlying assets. Read Full on cointelegraph.

- E-commerce Giant JD.com to Build Apps for China's Digital Yuan

Chinese e-commerce giant JD.com has reportedly agreed to help the nation's central bank develop infrastructure for its cash-equivalent digital currency. As Reported by local media, the People's Bank of China has reached a strategic cooperation agreement with JD.com to co-develop mobile and blockchain technology platforms for the digital yuan initiative. The two entities will work together to develop on- and offline functionality for the products, which will include a digital wallet. Read Full on CoinDesk.

- Iran’s Three Power Plants Will Offer Electricity For Crypto Mining

Thermal Power Plant Holding Company (TPPH), which owns and operates plants all across Iran, said it will soon offer their energy outputs exclusively for Bitcoin mining from three of its power stations. “The necessary equipment has been installed in three power plants of Ramin, Neka, and Shahid Montazeri, and the auction documents will be uploaded on the SetadIran.ir website in the near future,” said TPPH head Mohsen Tarztalab. Tarztalab said that the sale of electricity to Bitcoin miners presented a new, stable way of generating profits in the electricity sector. Read Full on Decrypt.

- Bitcoin Hash Rate Touches New All-Time High

According to data from Blockchain.com, the bitcoin hash rate has reached an all-time high of 133.7 million terahashes per second, following a drop to 122.194 million TH/s on Sept. 6. The rise after this drop occurred despite the fact that, on Sept. 1, the Bitcoin exchange rate dropped from the peak of $12,040 and hit the $11,400 area. The current rise in the Bitcoin hash rate is indicative of the Bitcoin network getting stronger. Read Full on U.Today

Monday, September 21, 2020

Archive for September 2020

Cryptocurrency News Cast For September 21st 2020 ?

Monday, September 21, 2020

Cryptocurrency News Cast For September 21st 2020 ?
Cryptocurrency News Cast 📮 21-09-2020


Welcome to The Cryptocurrency News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $326 B

📊24h Mcap %:       -16.36%

⚠️Bitcoin Dom:        58.40%

📌Active Coins:        3,910

📍24h Vol %:            25.97%

💲24h Vol:                $134 B

Cryptocurrency News Updates :

  • World’s Largest Sovereign Wealth Fund Indirectly Holds Over 500 BTC
  • USA Leads In The Number Of Blockchain Patents
  • Bitcoin And Gold's Realized Correlation Reached 1-Year High
  • Mike Novogratz Believes We Are In Early Bitcoin Adoption Cycle
  • World's Largest Banks Fails To Cease Money Laundering, Bitcoin Fixes This
  • Bitflyer Supports Euro Deposit With Major Payment Processor Paypal
  • Bitcoin's Average Transaction Value Moves Back To 2017 Levels

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- World’s Largest Sovereign Wealth Fund Indirectly Holds Over 500 BTC

The Norwegian Government Pension Fund, also known as the Oil Fund, has over $1 trillion in assets. According to Arcane Research’s report on Sept. 19, the fund also owns Bitcoin through its investment holdings. Arcane data shows that the Norwegian oil fund has 577.6 BTC through its investment in business intelligence firm MicroStrategy. In addition, two other major investment advisory companies, BlackRock Fund Advisors and the Vanguard Group, have a 15.24% stake (5829.30 BTC) and a share of 11.72% (4482.90 BTC), respectively. Read Full on cointelegraph.

- USA Leads In The Number Of Blockchain Patents

Despite Chinese firm Alibaba filing the most patents so far this year, the United States still takes the lead as the country with the most blockchain patent, a report from intellectual property consultancy KISSPatent. The U.S. has 2,112 patents, followed by the Cayman Islands with 350 filings and Canada with 118. The rest of the top six are Japan with 108, South Korea with 87 and China with 77 patents. Although Chinese companies are often represented in various top 10 blockchain patent lists, not all of the companies work solely on blockchain. Read Full on cointelegraph.

- Bitcoin And Gold's Realized Correlation Reached 1-Year High

According to the data from Skew, the realized correlation between Bitcoin and gold reached a one-year high. Throughout March to July, Bitcoin saw a closer correlation with the S&P 500 and the U.S. stock market. The strengthening correlation between Bitcoin and gold could suggest that more investors are perceiving BTC as a store of value. The correlation between the two assets is complemented by the noticeable improvement in the sentiment around BTC from institutions. Read Full on U.Today

- Mike Novogratz Believes We Are In Early Bitcoin Adoption Cycle

The bitcoin price has once again dipped below the $11,000 threshold, which according to Bitcoin bull Mike Novogratz has created a buying opportunity. The Galaxy Digital chief on Twitter offered some analysis, suggesting that the bitcoin price is only trading at the current level is because we are early in the bitcoin adoption cycle. He explained that if there were more understanding and belief behind the leading cryptocurrency, “the price would be way higher.” Read Full on BeInCrypto.

- World's Largest Banks Fails To Cease Money Laundering, Bitcoin Fixes This

Some of the largest banks in the world, including JPMorgan Chase, HSBC, and Deutsche Bank, allowed criminals to launder almost $2 trillion (£1.5tn) of ill-gotten money from 1999 to 2017, according to the leaked FinCEN files. Thousands of secret documents exposed how faulty system of the world’s largest banks are in tackling money laundering. Charles Edwards, the founder of Capriole Investments, claims that on the other hand when bitcoin is used for bad it's inherent transparency makes it easier for exchanges to stamp out crime. Read Full on U.Today.

- Bitflyer Supports Euro Deposit With Major Payment Processor Paypal

Crypto exchange bitFlyer Europe has announced an integration with the payment giant PayPal. The move means bitFlyer users can now deposit euros using their PayPal accounts to buy cryptocurrencies. Jacek Bastin, business strategy manager at bitFlyer Europe, told that what they have done is that they have integrated PayPal in the same way e-commerce websites would. “The integration is all about removing barriers to entry,” he added. Read Full on The Block.

- Bitcoin's Average Transaction Value Moves Back To 2017 Levels

As the bull run continues, the average value of a single Bitcoin transaction has been on rise and has reached a new high recently. According to blockchain data provider BitInfoCharts average value of a single Bitcoin transaction has hit a peak of more than $129,000 on September 17. The average cost of a Bitcoin transaction been this high in late 2017, when Bitcoin's price hit its all-time high price of just below $20,000. Read Full on Decrypt.