📮10-02-2020
📈MarketCap: $292 B
📊24h Mcap %: 1.93%
⚠️Bitcoin Dom: 63.2%
📌Active Coins: 2,486
📍24h Vol %: 5.56%
💲24h Vol: $101 B
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1. Top 5 Cryptos This Week (Feb 9): XTZ, BNB, BSV, ETH, LINK
Tezos (XTZ) is the top performer of this week with a rally of above 40%. Binance Coin (BNB) has made an entry into the top performers’ list after a long time. Bitcoin SV (BSV) completed a scheduled upgrade named Genesis, which has removed the default hard cap for block sizes. Ether (ETH) rallied about 17% in the past seven days and turned out as the fourth-best performer. Chainlink (LINK) rounded up the top 5 performers with a move of about 15% in the past seven days. Read Full on Cointelegraph
2. Bitcoin Futures premium double; institutions poised for upheaval
According to a recent report by Arcane Research, derivatives traders, both on institutional friendly and retail heavy platforms are expecting a price increase in the next few months, based on the contracts’ premiums. Across both categories, in the short term, the outlook is bullish. The annualized premiums for contracts expiring in February and March are well above 20 percent. To put that in perspective, since the close of October, the average premium for CME contracts was 10 percent. Read Full on AMBCrypto
3. UK’s FCA is Looking for 'Crypto Experts'
The United Kingdom’s FCA is looking for crypto experts as part of their latest efforts to regulate digital currencies operating in the UK. The UK’s financial conduct authority posted a job role on LinkedIn, calling for someone with experience working with crypto assets, distributed ledgers, blockchains and other relevant financial experience to help the organization expedite its aims of bringing more supervision and regulatory oversight to the cryptocurrency industry. Read Full on thenextweb
4. VanEck Says Institutions Should Hold Small Portion of Bitcoin
Investment management firm VanEck suggests that institutional investors should allocate a small percentage of their capital into Bitcoin. Per the report, Bitcoin may enhance the risk and return reward profile of institutional investment portfolios. Among all the portfolios considered by VanEck, the highest return was the one which had 3% in Bitcoin. VanEck also claims that BTC can become digital gold given its scarcity, monetary value and ease of transfer. Researchers also admit that Bitcoin has the potential to become a currency. Read Full on Cointelegraph
5. Bitcoin Is Trending in China
Although China seems hostile towards cryptocurrencies, its citizens still seem to be following it closely. As Bitcoin (BTC) broke past $10,000, it is trending once again in China. The leading cryptocurrency is the 4th hottest topic On Chinese microblogging website Weibo, one of the biggest social media platforms in China, with over 445 million monthly active users. It seems that the world is once again paying attention to Bitcoin now that it has broken past this milestone yet again. Read Full on twitter
6. PayPal Flags Payments for Using Word 'Iran' Pushes The Need of Bitcoin
PayPal and Venmo have been flagging and freezing transactions with certain keywords in the description, pushing users to start using Bitcoin. Following an issue by Jewish Currents magazine, which discovered its paychecks to staff were being held by PayPal because the word “Iran” was included in the description, it has emerged that certain words are being flagged by the payments company — something that is not seen when using Bitcoin. Read Full on BeInCrypto
7. BitGo Launches Two New Crypto Custodies in Europe
Major digital asset financial services firm BitGo is setting up two new regulated custodial entities in Europe. Firm announced that it has established new custodial subsidiaries in Switzerland and Germany. Mike Belshe, CEO at BitGo, noted that the launch of new custodial entities in Europe follows increased demand for the services in the region. Belshe also pointed out that Switzerland and Germany have now become some of the most friendly jurisdictions for crypto business. Read Full on Cointelegraph
8. OKEx's Decentralized Public Chain Testnet Goes Live
OKEx, a leading cryptocurrency exchange company announced today that OKChain, its native decentralized public chain that supports various decentralized applications and allows users to issue their own cryptocurrencies, create trading pairs, and trade freely, has gone live on testnet. To ensure a better trading experience and liquidity, OKEx DEx supports real-time settlement in a trustless manner. Users have complete control over their assets; Profits are settled daily to users’ accounts, and trading records are transparent on-chain. Read Full on CryptoNinjas
