📮06-02-2020
📈MarketCap: $274 B
📊24h Mcap %: 5.08%
⚠️Bitcoin Dom: 63.9%
📌Active Coins: 2,466
📍24h Vol %: 31.25%
💲24h Vol: $98 B
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1. Binance Adds Instant Crypto Purchases With Russian Ruble
Binance, the second-largest crypto exchange by daily trading volume, has enabled instant purchases of four major digital currencies with the Russian ruble. The development allows Binance users to link their Visa banking card and purchase Bitcoin (BTC), Ether (ETH), Binance Coin (BNB) and XRP with the ruble. The exchange claims that users can complete a purchase in less than a minute and do not have to make deposits prior to a purchase. Read Full on Cointelegraph
2. Bitcoin Price Surpasses $9,700 to Hit New 2020 High
Today Bitcoin (BTC) price pushed through the resistance at $9,400-$9,500, opening the gate for bulls to stampede to a new 2020 high at $9,745. On Feb. 4, BTC price traded slightly below $9,200 as bulls fought to keep the asset from falling below the key support. Today, alongside increasing purchasing volume, Bitcoin completed the three white soldiers candlestick pattern, which is a bullish arrangement and a signal that short-term trend reversal is in order. Read Full on Cointelegraph
3. Latest Binance IEO Crypto Triples In Value In First 24 Hours Of Trading
WazirX, the latest IEO token to be released via the Binance launchpad has exploded in value during its first day of trading on the crypto exchange. The shiny new crypto asset has now tripled in value in mere moments after trading went live on the platform. Interestingly, although the token is built on Binance’s blockchain, the WazirX token is an exchange token itself, native to the WazirX platform – who call themselves India’s most-trusted Bitcoin exchange. Read Full on NewsBTC
4. Bitcoin breaks 500 million transaction milestone
The Bitcoin network has now processed 500 million transactions since it first went live on January 3, 2009. According to data site Satoshi—named after the pseudonymous inventor of Bitcoin—there have now been 500.0165 million transactions on the Bitcoin blockchain. There has been an increase in the number of transactions on the Bitcoin blockchain per year. In 2017, it crossed 250 million transactions, before rising to 500 million today. At this rate, Bitcoin could cross 1,000 million in under two years. Read Full on Decrypt
5. IOTA Releases Version 0.1.0 of Its Coordicide Alphanet
IOTA has released the version 0.1.0 of its Coordicide Alphanet ahead of its planned launch in Q2, on IOTA’s Rust-based node (Bee) to move the network to a coordinator-free IOTA mainnet. Major features including Autopeering, Gossip, Rate control, and API, were released. Autopeering enables automatic peer discovery as well as distance-based neighbor selection. Gossip is a network layer that sends and receives new transactions, and Rate control is a temporary non-mana based rate control that limits transaction issuance. Read Full on iota
6. Blockchain Charity Platform to Fight Against the Coronavirus Outbreak
Hyperchain announced the launch of its blockchain-based platform to fight against the coronavirus epidemic. It will serve as a medical supply donations portal to support hospitals in central China. Together with Fuxing Group, Xiongan Group and other well-known enterprises, Hyperchain has prepared to build a platform to ensure the donation process is immutable, traceable and reliable. It will be a transparent portal for information exchange and allows donors to see more thoroughly where their funds or donations are going. Read Full on Cointelegraph
7. Ethereum (ETH) Price Breaks This Year's ATH Against Bitcoin
The second-largest cryptocurrency in the market, Ethereum, has been outperforming Bitcoin in terms of its year-to-date returns. Ethereum’s YTD was reported to be 44%, while Bitcoin noted a gracious rise of 29.17%. Ethereum has been reporting its all-time high trading against Bitcoin. Skew, in a tweet, stated, “ETH / BTC new high for the year – trading 0.0208 (2.08% ETH / BTC new high for the year – trading 0.0208 (2.08%)” Read Full on AMBCrypto
8. XLM is Now Available on 450 Crypto ATMs of CoinFlip
Crypto ATM startup CoinFlip has added Stellar Lumens (XLM) to its network of 450 machines across the United States, allowing customers to buy a variety of crypto with credit cards, Co-founder Daniel Polotsky said. It also runs 40 two-way ATM locations where users can sell their crypto for hard cash USD. CoinFlip ATMs already offer BTC, LTC, ETH, DASH, KMD, LINK and TRX. Polotsky said XLM’s high daily liquidity and market prominence prompted him to list the token. Read Full on CoinDesk
9. Bitcoin Hedge Argument Growing Stronger With Time, Says Pomp
Morgan Creek Digital’s Anthony Pompliano sees Bitcoin cementing its position as a global hedge as time passes. “I think it’s always been part of the conversation,” Pompliano said. The expert expressed a growing assurance in this concept of Bitcoin as a global hedge as supporting evidence continues to present itself. “The more data you get, the more that you can believe something,” he added. Read Full on Cointelegraph