One Stop Cryptocurrency News Cast For Today ?
Bitcoin and Cryptocurrency News Cast

One Stop Cryptocurrency News Cast For Today ?


24h Global Market Data

📮22-02-2020  

📈MarketCap:                  $283 B

📊24h Mcap %:                  0.14%

⚠️Bitcoin Dom:                 62.3%  

📌Active Coins:                2,434

📍24h Vol %:                 -16.14%

💲24h Vol:                    $103 B  

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1. Swiss central bank wants a true digital currency

Switzerland’s central bank is working with Swiss stock exchange operator SIX group to work on a digital currency proof of concept. While they are working together on a prototype, Thomas Moser, alternate member of the governing board at the Swiss National Bank (SNB) explains that, if the Swiss central bank doesn’t release its own coin by the end of 2020, SIX will launch its own Swiss franc stablecoin. Moser wants the central bank to launch and issue its own digital currency rather than relying on a third party stablecoin. Read Full on Decrypt

2. 'Bullish' Comments on Reddit a Potential Bitcoin Signal

The data visualization company graphed comment data over the past several weeks for the term “bullish” from several popular cryptocurrency Reddit channels (“subreddits”), each with varying degrees of moderation. Sure enough, positive comments seem to track nicely with bitcoin prices in the early weeks of 2020 — but up to a point. After a sudden surge for the term “bullish” on the seventh week of the year, bitcoin prices declined. Read Full on CoinDesk

3. Coinbase CEO: One Billion People Will Engage in Blockchain Economy Within a Decade

Brian Armstrong, co-founder of crypto exchange Coinbase, says humanity is destined for a “more global, more fair and more efficient” financial system, and the 50 million people currently engaging with blockchain-based assets will rise to 1 billion over the next decade. He says there are potential solutions that can address the shortcomings of Bitcoin as a means of exchange for the global economy. These include utilizing the BTC primarily as a store of value while creating new digital currencies for speedy transactions. Read Full on The Daily Hodl

4. JPEG on the Blockchain Can Fight Copyright Theft

The organization that created the popular JPEG picture format believes blockchain could be used to verify images as well as flag fakes and image theft. The Joint Photographic Experts Group (JPEG) said blockchain has "great potential" as the basis of a system that would use a combination of encryption, hash signatures and watermarking in an image's metadata to protect copyright. But JPEG's blockchain plan is still in its infancy. The group said it would continue consulting with industry figures before moving any further forward. Read Full on CoinDesk  

5. Vodafone Promoting Bitcoin in The Recent Ad on Facebook

Vodafone, the UK-based cellular provider, recently showcased Bitcoin in their latest German advert which debuted on the company’s Facebook page on Feb. 17th and the meaning they described of this ad on Twitter is: "What will Grandma give you if everyone pays with Bitcoin in the future?" Some see the debut of a Bitcoin-centric Vodafone ad on the company’s Facebook profile as a veiled insult aimed at Facebook. Read Full on Facebook Watch

6. Bitcoin Addresses With Non-Zero Balances Hit All-Time High

The number of new Bitcoin addresses with a non-zero balance is at an all time high. Data shows the total number of Bitcoin addresses is 615,463,205 addresses, as of February 20th. There are 28,728,292 addresses that currently have a balance above zero. Of these 28 million addresses, only 788,101 are addresses having a balance of at least 1 Bitcoin. Chart also shows that Bitcoin’s price is directly correlated with both the creation of new addresses and new addresses that are already actively hodling. Read Full on Bitcoinist.com

7. Bakkt Bitcoin Futures contracts average 1500% higher than 2019

Despite the drastic shift in the spot market price, BTC’s volume has reportedly been rising and reached a peak for the year 2020, with the daily volume approaching $1 billion. Bakkt had also been noting a higher contract expiration in February, when compared to its 2019 average. Data suggested that 203 Bakkt Bitcoin Futures contracts were to be delivered on 20 February, representing just below $2 million in notional value. Even though the delivery was lower than in January, it was still ahead of 2019 numbers which was on average 13.3 BTC. Read Full on AMBCrypto

8. EOS Developing New Network Resource "DISK"

EOS may soon offer a solution for on-chain data storage. There’s evidence of a new network resource, called “DISK,” which could give developers a better way to store some types of smart contract and DApp data.According to the project’s GitHub pages, EOSIO software will include a database called “eosio.kvdisk.” This database has a higher capacity and higher CPU consumption than its RAM-based counterpart, potentially reducing costs for app developers. Read Full on Crypto Briefing

9. Bitcoin Price Bullrun May Last 1000 Days as 2020 Now Best Average Year

Bitcoin (BTC) is worth more in 2020 than any other year it has existed — and historical data suggests that its price will continue climbing for another 19 months. In terms of volume-weighted average price, 2020 is Bitcoin’s best year ever. “It strongly suggests that most of the money that moved into bitcoin in previous years would have profited in USD if they held bitcoin to present date," fund partner James Todaro commented on the findings. Read Full on Cointelegraph
   


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