📮08-02-2020  

📈MarketCap:                  $281 B

📊24h Mcap %:                 -0.23%

⚠️Bitcoin Dom:                 63.5%  

📌Active Coins:                2,472

📍24h Vol %:                 -13.93%

💲24h Vol:                     $91 B  

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1. Australia issues national blockchain roadmap to help drive adoption

The government of Australia has today released a national blockchain roadmap to help drive the adoption of the technology in the country. The 52-page roadmap, issued by the government’s Department of Industry, has noted that blockchain has the potential to create jobs, save companies money and improve Australia’s economic growth. The five-year roadmap hopes to bring regulatory frameworks, help people develop blockchain skills and increase global investment and collaboration opportunities. Read Full on The Block

2. Japanese Lawmakers Want US to Place Digital Currencies on G7 Agenda

Japan is feeling the pressure of China’s strident moves forward with a digital yuan. As per report, top lawmakers in the country are calling on their government to push for digital currencies to be placed on the G7’s agenda this year. Akira Amari — former economy minister and a prominent member of the ruling Liberal Democratic Party sees the prospect of a digital yuan could challenge the dollar’s hegemony — and thus upend the global network of financial and geopolitical relationships built upon its role. Read Full on Cointelegraph

3. Lightning Moves One Step Closer to Bringing Bitcoin to a Billion People

The second layer on the Bitcoin network, Lightning Network is all set for more growth as Lightning Labs raises a $10 million to further develop Lightning payments technology and scale the developer ecosystem. “Today we’re one step closer to bringing bitcoin to a billion people. Lightning is making this a reality. Can’t believe how far our community has come building new use cases and bringing financial freedom to the world,” said Elizabeth Stark, CEO and co-founder of Lightning Labs. Read Full on coinworld360

4. 7 Golden Rules To Follow When Buying Bitcoin and Cryptocurrencies

7 golden rules to follow when buying Bitcoin and other cryptos: 1. Avoid Trading On Weekends 2. After Buying Bitcoin Or Altcoins, Drop The Charts For 24 Hours 3. Set Yourself Reasonable Time Slots For Your Cryptocurrency Trades 4. Buy Bitcoin And Cryptocurrencies Only When You Are In The Good Mindset 5. Build A Simple Decision-Making Model For Your Investments 6. Be Pragmatic When Buying Bitcoin And Altcoins 7. Set yourself a buying price or selling price and stick to it. Read Full on medium

5. Bitcoin Smart Contract Platform RSK Is Now Interoperable with Ethereum

The team behind RSK, the smart contract platform developed as a side chain of the Bitcoin blockchain, has announced the launch of an interoperability bridge with Ethereum. Users could already send BTC into dApps developed on the RSK platform, but from now on, this functionality is also available on the Ethereum blockchain. It's a step forward for interoperability between blockchains, which has been identified as a critical priority for driving future development and adoption of the technology. Read Full on CryptoSlate

6. US Navy Bets $9.5M on Blockchain to Keep Messaging Secret

The Naval Air Warfare Center, a California-based research group of the U.S. Navy, has given blockchain software startup Simba Chain nearly $10 million to put a secure messaging platform in play. “The platform will be up this year, with on going updates over the next 4 years,” Simba Chain CEO Joel Neidig told. The Naval research group recently called on Simba Chain to install a safe avenue for communication and transaction, built on the blockchain for the Department of Defense, or DoD. Read Full on Cointelegraph

7. Bitcoin does not need 'financial activism' to achieve success

On a recent podcast with Stephan Livera, Saifedean Ammous, Author of the Bitcoin Standard, clarified that in order for Bitcoin’s price to spike, it does not need any form of ‘financial activism,’ something that would involve saving Bitcoin and not spending it. He said, “If Bitcoin needed us to be doing these kinds in order for it to work, Well it is not going to work. Bitcoin doesn’t require you to engage in these activities in order for the technology to work.” Read Full on AMBCrypto

8. Coinbase: Bitcoin Will Become Closer to Digital Gold

Coinbase pushes the “Bitcoin as digital gold” narrative, in a blog post ahead of May’s upcoming halving event. After the May 2020 halving, mining rewards for each new block, mined approximately every ten minutes, will reduce to 6.25 BTC. This will bring the supply issuance of Bitcoin to a rate of around 1.7% per annum. Stock-to-flow (S2F) is a measure of new supply rate over total supply and Coinbase notes that Gold’s stock to flow is higher than any other metal commodity and post-halving, Bitcoin’s S2F scarcity will be on a par with gold’s. Read Full on coinbase

9. Hong Kong approves license for first crypto-lending platform

Crypto lending is fast becoming an integral part of the crypto ecosystem. Crypto-lending platform PawnHub has become the first company to receive a license from the Government of Hong Kong, a license that will allow the firm to expand its crypto-lending services in the country. Following the receipt of the license, the firm now plans to partner with a leading US-based cryptocurrency custodian in a bid to offer insurance coverage on clients’ Bitcoin assets worth up to $100 million anywhere in the world. Read Full on AMBCrypto