📮17-02-2020
📈MarketCap: $286 B
📊24h Mcap %: -3.09%
⚠️Bitcoin Dom: 62.8%
📌Active Coins: 2,431
📍24h Vol %: 3.91%
💲24h Vol: $135 B
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1. India's Election Commission Developing Blockchain System for Voting
The Election Commission of India is collaborating with the Indian Institute of Technology to develop a blockchain system for voting, the Chief Election Commissioner has reportedly revealed. The new system aims to allow Indians to vote even when they are away from their hometowns. According to reports, about 900 million people were eligible to vote in the 2019 elections but about 300 million people, did not vote largely due to the reason that they were unable to get to their polling booth on voting day. Read Full on Bitcoin News
2. Bittrex moves $500 million in Bitcoin for just $1
Crypto exchange Bittrex has just made two large Bitcoin (BTC) transactions, moving coins from its main exchange to another wallet, before sending them back to its original wallet. And it barely paid anything to do so. Earlier today, the exchange moved 48,952 BTC, worth $491 million at the time, according to blockchain records. But despite these two huge transactions, the cost was minimal. The exchange paid $0.67 in fees for the first transaction, and $0.84 for the second—a combined total of just $1.51. Read Full on Decrypt
3. China Shows Why Bitcoin Is Important For The World
In a move to prevent the spread of the deadly coronavirus, China has decided to sanitize its old banknotes. According to many crypto proponents, China putting its money under quarantine is one of the many reasons why the world needs Bitcoin (BTC), a decentralized and permissionless cryptocurrency. Stacy Herbert, a television presenter who co-hosts 'Keiser Report' together with early Bitcoin (BTC) adopter Max Keiser, reacted to China's recent move and tweeted that Bitcoin "doesn't get quarantined". Read Full on U.Today
4. Binance Set to Launch NEO/USDT Futures
Malta based major cryptocurrency exchange Binance announced that it is about to launch NEO/USDT perpetual contract. As per the announcement NEO/USDT futures is slated to be launched on Feb. 17 at 08:00 AM (UTC) and traders will be able to select leverage between 1x and 50x. A Binance spokesperson that the firm decided to create a NEO-based futures contract after reviewing liquidity on its spot market. Binance Futures now has a total of 17 perpetual contracts on offer. Read Full on Cointelegraph
5. With 6835 ATMs across the world, Bitcoin continues being 'safe-haven' asset
Bitcoin, in recent times, has been painted as the picture of a reliable alternative to fiat. In a recent podcast Andreas Antonopoulos noted how the number of people using Bitcoin ATMs was on the rise lately. Interestingly, the number of newly installed Bitcoin ATMs has continued to grow at a stable rate, according to data compiled by the tracking website Coinatmradar. There are about 6835 crypto ATMs across 73 countries at the moment with 4869 ATMs are in the US, 742 ATMs in Canada, 306 ATMs in the UK and 59 ATMs in Italy, to note a few. Read Full on AMBCrypto
6. Binance Applied For New Crypto License to Operate in Singapore
One of the world’s largest crypto exchange Binance applied to operate in Singapore under the Payment Services Act. This policy act is intended to regulate cryptocurrency payments and trading using regulations that currently govern traditional fiat payment services as a guideline. Binance CEO, CZ commented: “We submitted the application pretty fast. Binance’s Singapore entity has been in close touch with the local regulators, and they have always been open-minded.” Read Full on bloomberg
7. Max Keiser Raises His Bitcoin Price Target to $400,000
American broadcaster Max Keiser continues to spread the word about Bitcoin (BTC). Speaking on news information show Infowars on Feb. 17, Keiser told host Alex Jones that his old prediction of $100,000 was now too conservative. Keiser made a bombshell announcement about 'officially' raising his price target to $400,000 per one orange coin. While many think that it is way too late to jump on the Bitcoin bandwagon, Keiser says that those doubters still have a chance to pocket 40x returns. Read Full on cointelegraph
8. Bitmain Is Facing Tough Comptetion From Its Rival MicroBT
Bitcoin miner maker MicroBT rapidly expanded market share by selling over half a million units of its flagship WhatsMiner M20 series in 2019, chipping away at rival Bitmain's dominance. These products generate a computing power of about 60 terahashes per second (TH/s) on average. That means the newly delivered 600,000 units may have contributed over 30 exahashes (EH/s) of hashing power to the bitcoin network in 2019. (1 EH = 1 million TH). Read Full on CoinDesk
9. Russia’s Central Bank Completes Blockchain Pilot
According to a local report, Russia’s Central Bank has completed a pilot project of a blockchain platform for the issuance and circulation of “digital rights” has been successfully completed. This allows it to digitize goods, services, securities, and other assets as well. Using the platform, any organization can issue digital tokens. Reportedly, this will expand business opportunities when it comes to attracting capital while also creating new convenient investment tools for the consumers. Read Full on CryptoPotato.
