One Stop Cryptocurrency News Cast For March 29th 2020 ?
Bitcoin and Cryptocurrency News
One Stop Cryptocurrency News Cast For March 29th 2020 ?

📮 29-03-2020

📈MarketCap:                  $172 B

📊24h Mcap %:                  -1.46%

⚠️Bitcoin Dom:                 65.10%

📌Active Coins:                2,916

📍24h Vol %:                    -18.54%

💲24h Vol:                    $96  B  

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1. Bitcoin's active supply figures touch new highs

Bitcoin’s active supply, the 1w-1m (1d MA) touched a year high of 1,568,168.943. According to the Glassnode chart, this figure dropped significantly below 1,200,000 when Bitcoin had crashed terribly over the course of 12-13th March. The last time the active supply reached a high was on 13 June 2019. During this time, Bitcoin was in a consolidation phase, climbing from $7,900, all the way over $12,800 in less than two weeks. Bitcoin’s active supply in terms of the 3y-5y [1d MA] also reached a 6-month high of 1,049,940.778. Read Full on AMBCrypto.

2. Tether Becomes Second Crypto to Launch on Kumex Futures Platform

As the volume of Bitcoin (BTC) derivatives trading continues to rise, the cryptocurrency industry keeps tapping more crypto markets, like stablecoin Tether (USDT), for futures trading. KuMEX, a derivatives arm of IDG-backed crypto exchange, KuCoin, is planning to roll out USDT-margined Bitcoin perpetual contracts on March 30, 2020, the firm officially announced on on March 27. KuMEX offers crypto derivatives trading up to 100x leverage. The firm also plans to support other major cryptocurrencies like Ether (ETH), XRP in near future. Read Full on medium.

3. Algorand Launches Blockchain App To Help Battle The Coronavirus

The Singapore-based blockchain company, Algorand Foundation, has launched an application called IReport-Covid to help the fight against the novel COVID-19. Users can fulfill a survey, which will soon be publicly posted on the Algorand blockchain to ensure free and constant access. According to the website, this will teach us about how COVID-19 is affecting people in real-time, which can help inform the public and studies on the pandemic now and into the future. Read Full on twitter.

4. Live Streaming Platform Zoom Integrates on Ethereum-Based Social Media App

Ethereum-based video sharing platform Pepo has integrated Zoom to facilitate live streams amid the COVID-19 lockdown. Pepo Live Events is currently exclusively available in beta on the platform’s website and has not given an estimate for when it plans to enable mobile functionality. Pepo's decision to integrate Zoom suggests an increase in demand for live streaming services amid the coronavirus lockdown. Pepo uses the OST platform to allow users to reward one another in its native Pepo token — an ERC-20 that is pegged 1:1 with OST tokens (OST). Read Full on Cointelegraph.

5. Bitmain’s Jihan Wu: Ethereum Grabbing First-Mover DeFi Advantage

Jihan Wu, the founder and CEO of bitcoin mining giant Bitmain, said in a recent interview that he’s optimistic about bitcoin price in 2020 despite the coronavirus outbreak. More interestingly, Wu is optimistic about the prospects of the second-largest cryptocurrency Ethereum (ETH). Although he believes Ethereum developers are moving at a slow pace, he says the smart contract platform is “untouchable” with first-mover advantages in areas such as decentralized finance (DeFi). Read Full on 8btc.

6. Making Crypto ATM Business Profitable for Everyone with The 'Sharing Program'

Starting a Crypto ATM business and making it profitable is not so easy for everybody. Especially starters often do not have the capital for upset and operation costs. Even if the capital is not a problem, paperwork, legal framework and day-to- day management costing too much time. JP Technology Group eliminates these issues by the latest 'CryptoMaticATM Sharing Program.' In this program, you can purchase a "share" of an ATM, of different ATMs or of a whole network, with the starting investment of $1000 only. In relation to your share- package, you will receive every month your "Dividend". Join now! Read Full on cryptomatic-atm.

7. Madrid Team Builds Iota-Based Decentralized Information Platform to Fight COVID-19

A team based in Madrid, Spain has released an Iota Tango platform that helps combat the coronavirus. GeoDB is a decentralized peer-to-peer big data sharing ecosystem which returns value to its creators, the users. A user inputs his Personal Health Record (PHR) — age, gender, symptoms associated with the COVID-19, and the app also collects the user's approximate location. The data are anonymously stored in Iota tangle. Based on this data, heatmaps can be generated that visualize the spread of the virus and contagion hotspots. Read Full on Cointelegraph.

8. Analyst: Bitcoin (BTC) Price to Peak in 2026 at $150,000

Seasoned cryptocurrencies trader and analyst Michael van de Poppe posted his long-term prediction for the price of an orange coin. Mr. van de Poppe noticed that the flagship cryptocurrency, Bitcoin (BTC), is going through its third price cycle. According to him, every cycle is taking much longer than previous one. For instance, the first cycle in 2012-2014 lasted for 910 days, while the next cycle was 55% longer that previous cycle. That being said, the ongoing cycle may end in 2025-2026. Read Full on twitter.

9. Blockchain to Revolutionize Luxury Watch Ownership

Digital identity consortium, Arianee, has authenticated a limited batch of luxury watches using its blockchain protocol. Swiss luxury watchmaker Breitling announced the release of a limited edition chronograph certified using the Arianee protocol. Breitling, claims to be the first watchmaker to issue watches with a warranty program certified using blockchain technology. Each watch will be sold with its own e-warranty card. Scanning these cards will allow owners to download an encrypted wallet that securely stores the product's digital “passport.” Read Full on Cointelegraph.

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