📮 12-04-2020
📈MarketCap: $201 B
📊24h Mcap %: 3.96%
⚠️Bitcoin Dom: 64.20%
📌Active Coins: 2,970
📍24h Vol %: 4.05%
💲24h Vol: $119 B
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1. Ledger Expands Crypto Payment Options with Crypto.Com
Leading hardware wallet producer, Ledger, now allows online customers to pay using Crypto.com’s wallet app. The firm has chosen to accept payment in Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), and Crypto.com Coin (CRO) via Crypto.com’s application. The two firms signed a memorandum of understanding, which was mean to allow Ledger’s customers to purchase products with digital currency using Crypto.com’s service. Read Full on ledger.
2. New York Power Plant Sells Bitcoin Hashpower to Institutional Investors
A Bitcoin-mining power plant in upstate New York has sold 106 petahash of its computing power using a “hashpower contract” settled in Bitcoin (BTC). The contract — brokered by BitOoda Digital — first launched in January with the aim of providing institutional investors to purchase large blocks of Bitcoin hashpower in over-the-counter markets. The new, regulated contract enables investors to own Bitcoin cheaper than the market spot price, with the instrument being physically settled — i.e. delivered in the Bitcoin generated at the power plant. Read Full on Cointelegraph.
3. Cashaa Adds Pound, Indian Rupee, Euro Support For Binance Chain Tokens
United Kingdom-based startup Cashaa has developed a fiat gateway for BEP2 tokens on Binance Chain. Announced on April 9, the integration would let users sell and buy tokens directly for fiat currencies. Specifically, Cashaa will support the U.S. dollar, the U.K. pound sterling, the euro and the Indian rupee. Cashaa’s system can also be used by businesses to create additional financial services for Binance Chain tokens, such as crypto debit cards. The gateways are expected to be live on April 12 for most payment systems. Read Full on Cointelegraph.
4. Bitcoin Price in Danger of Dropping Below $6K if Weekly Close Fails
Bitcoin price is currently holding above $6,800 but a bearish scenario is looking increasingly likely with a retest of sub-$6K levels. Earlier in the week, Cointelegraph contributor Michael van de Poppe suggested that $6,900 was a crucial level for Bitcoin to hold and dropping below this level could kick start a trend reversal. Van de Poppe explained: “The last support area for bulls is in the $6,750-6,800 area. The first sign of weakness was losing the yearly and monthly level at $7,200. However, losing the $6,750-6,800 would trigger a further heavy dropdown and would trigger a higher volume drop.” Read Full on Cointelegraph.
5. The 4 Main Activities of A Bitcoiner
The main activities of a Bitcoiner are actually quite simple. First of all, a Bitcoiner seeks to learn more and more, because he has understood that you have to go beyond what the powerful want you to know. In life, it is what you don’t know that costs you money. The more you know, the less likely you are to lose money. A Bitcoiner then buys Bitcoin to protect what it owns, but also to support Bitcoin. As such, you need to understand that HODLING Bitcoin is a great way using Bitcoin. Finally, a Bitcoiner shares its knowledge and vision in order to participate in the democratization of Bitcoin. Read Full on medium.com.
6. Samourai Wallet’s Bitcoin Mixing Volume Proves Users Want Anonymity
Samourai Wallet’s Bitcoin mixing CoinJoin service saw its monthly volume triple to over $10 million during March. According to data provided by Matt Odell, March activity comprised 40% of the then-total volume produced by Whirlpool since its launch in May 2019. Samourai Wallet’s Whirlpool has seen a notable increase in user activity during 2020 so far. While Whirlpool saw a retraction in user activity at the end of 2019 after posting a record of 303.55 BTC in volume during October, each month of Q1 2020 set consecutive records for the number of Bitcoin’s mixed on the platform. Read Full on Cointelegraph.
7. Zcash Developing Privacy-Preserving Contact Tracing App for COVID-19
A significant number of countries across the globe are under lockdown amid pandemic which is aided with tracking and contact tracing of confirmed and potential COVID-19 carriers. Although noble in its intentions, contact tracing has raised the eyebrows of people on their personal privacy. However crypto expert Sydney Ifergan stated that privacy-preserving cryptocurrency project Zcash in partnership with the Temporary Contact Number (TCN) coalition is making coronavirus contract tracing possible without compromising the privacy of people. Read Full on BTCMANAGER.
8. Tencent, Alibaba filed for the most blockchain patents last year
Chinese tech giants Tencent and Alibaba filed the most blockchain patent applications in 2019, according to research conducted by The Block’s Steven Zheng. Tencent and its affiliates filed for 718 blockchain patents out of a total of over 5,800, while Alibaba Group filed 470.Tencent and Alibaba were followed by WeBank, Ruize Technology, and Ant Financial, in that particular order - and all these three companies are also based in China. Overall, about 63% of firms with over 20 blockchain patent filings are based in China. The U.S. follows next. Read Full on The Block.
