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


📮26-01-2020  

📈MarketCap:                  $232 B

📊24h Mcap %:                  0.32%

⚠️Bitcoin Dom:                 65.6%  

📌Active Coins:                2,460

📍24h Vol %:                 -29.58%

💲24h Vol:                     $49 B  

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  1.  Fresh from his dubious week in the spotlight after claiming to “lose” his BTC holdings, Schiff is still saying Bitcoin investors are blind to gold’s benefits. Changpeng Zhao argued Schiff was failing in sewing distrust of Bitcoin among social media followers and beyond. CZ: We need more “negative voices” “I think Peter is doing great to promote bitcoin. He probably does not realize that given his illogical reasoning, most people will do exactly opposite of what he says,” he wrote. Read Full on Cointelegraph  

2.  More than 85% of employees in the crypto space work for companies focused on three major service areas: exchanges, development, and mining. The largest employer is Asia-based exchange Huobi Global. Huobi is followed by two other exchanges, OKEx and Coinbase, in terms of the number of workers employed. Nearly 46% of employers with more than 100 employees are digital asset exchanges. Development firms account for roughly 29% of employers in that category. Read Full on The Block  

3.  Charlie Lee proposed mining pool donations as a new funding method for cryptocurrency development. Lee said in a tweet, "I think a better way to fund development is mining pools voluntarily donate a portion of the block reward.” He explained, at current LTC price, 1% of block rewards is about 7x Litecoin Foundation's yearly expenses. Even if a small percent of miners are generous enough to donate, the foundation would be able to put it to good use by funding developers to work on Litecoin Core, Mimble Wimble, LiteWallet, LN wallet. Read Full on Cointelegraph  

4.  According to chief executive officer of Nasdaq, Adena Friedman the firm is currently exploring the launch of a bitcoin future with an unnamed partner. First, the firm wants to ensure it can bring to market a product that is differentiated from the competition. Second, it wants to ensure it has the proper risk-management foundation in place for a future tied to the cryptocurrency. As for the cryptocurrency market as a whole, Friedman says the exchange's view is that "digital currencies and cryptocurrencies will have a role in the global economy." Read Full on The Block  

5.  Ripple says it’s launching its XRP-based cross-border payments product around the world in 2020. In its latest XRP Markets Report, the real-time gross settlement company says it will add more corridors throughout the year for its On-Demand Liquidity (ODL) in Asia-Pacific, Europe, Middle East, Africa, Latin America. The XRP liquidity solution launched in late 2018. Throughout 2019, ODL volume rose by 550% with the number of transactions surging nearly 300% in the last quarter. Read Full on The Daily Hodl  

6.  Blockchain platform Cardano topped the list as the busiest 2019 crypto project in a report in terms of technical development. The report was compiled after analyzing over 1000 cryptocurrencies within the 12 months. The report attributed the growing developments of Cardano ecosystem which was cemented with the launch of the much-awaited Cardano incentivized Shelley testnet in December. Ethereum was narrowly behind with the report highlighting the major effort that developers have put towards achieving the impending Ethereum 2.0 upgrade. Read Full on santiment  

7.  Bakkt’s consumer app is set to roll out in 2020. Bakkt president Adam White shared some details of its product. So far, it has been revealed that the Bakkt consumer app will support tokenized loyalty rewards programs, equity trading, crypto asset trading, and a portal for merchants to accept crypto. Essentially, unlike popular exchange Coinbase which mostly just offers the ability to buy, sell, and accept crypto, the Bakkt consumer app aims to be a comprehensive app for all sorts of blockchain-based fintech. Read Full on The Block  

8.  Malta-based crypto exchange Binance‘s CEO Changpeng Zhao[CZ] announced that the exchange pledged “10m RMB ($1.5m USD) to help coronavirus victims.” With this move, Binance becomes the first in the crypto space to have lent a helping hand to the victims of the deadly coronavirus. Noting that Binance was now working on the logistics of the move, Zhao stated that there was no use of crypto assets in the move and that it was not realistic to do crypto to end beneficiaries. Read Full on Twitter  

9.  The World Economic Forum has created an international consortium to design a governance framework for cryptocurrencies, including stablecoins.The consortium seeks to bring together financial institutions, government representatives, developers and other members of the global community to determine what sort of governance around cryptocurrencies can best further the goal of financial inclusion. Digital currencies are "a key area of interest for the Forum," said WEF Founder and Chairman Klaus Schwab. Read Full on CoinDesk


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