📮 13-03-2020
📈MarketCap: $146 B
📊24h Mcap %: -18.4%
⚠️Bitcoin Dom: 63.3%
📌Active Coins: 2,880
📍24h Vol %: 42.32%
💲24h Vol: $245 B
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1. Barry Silbert Says He Still Buying Bitcoin Amid Crypto Market Crash
After Bitcoin suffered its most painful drop since February 2018 just 60 days before the halving, its future remains uncertain. However, Barry Silbert, the founder of Digital Currency Group, saw this as an opportunity to buy the historic dip. The 'crypto king' tweeted that this is exactly why Bitcoin was invented in the first place. Silbert is considered to be one of the wealthiest people in the crypto space, he bought BTC for the first time in 2012, the year when the very first halving happened. Read Full on twitter.
2. Brave Made the Biggest BAT Acquisition to Date
March 9, Brave purchased 534,441 Basic Attention Tokens (BAT). This came one day before Brave announced a partnership with TAP Network, which enables convertibility of BAT into “gift cards from hundreds of top national brands”. To date, Brave has bought 1,863,573 BAT. However, March 9th’s purchase was the biggest single-day acquisition by far. Brave keeps their BAT purchases transparent. Any interested party can track these transactions on Brave’s website. Read Full on Cointelegraph.
3. Number of People Owning 1 BTC Hits New Record
Amid the ongoing crypto market decline, the number of crypto wallets containing one Bitcoin (BTC) or more continues to rise. According to major blockchain analytics firm, Glassnode, the number of Bitcoin addresses holding one or more bitcoins has been steadily growing and reached a new all-time high (ATH) On March 11. On that day, the amount of hodlers owning one Bitcoin or more reached an ATH of 795,630, crossing a previous ATH of 795,300 observed on March 10. Read Full on twitter.
4. OKCoin Launches Support for Singapore Dollar
One of the world’s oldest crypto exchanges, OKCoin, now allows users in Singapore and Brunei to trade the Singapore dollar against Bitcoin and Ether. In conjunction with the launch of the Singapore dollar support, OKCoin is also setting up a new office in Singapore, which is a major financial hub for Southeast Asia and the Asia Pacific region. The company will now be hiring local industry professionals as part of OKCoin’s broader mission to spur global cryptocurrency adoption. Read Full on Cointelegraph.
5. Bitcoin Surges 40% In Minutes After Briefly Breaking $3,900
At long last, Bitcoin has bounced after Thursday’s brutal performance. Just recently, the price of the leading cryptocurrency hit $5,800 on Coinbase, rallying from the $3,850 low seen just minutes ago. This marks an 18% rally. It isn’t clear why this has rallied so hard, though the surge in the price of the cryptocurrency coincided with a short outage in the service of BitMEX, which briefly crashed after a record day. It may also have been related to an investor longing Bitcoin. Read Full on NewsBTC.
6. Edward Snowden Feels Like Buying Bitcoin
Following Bitcoin’s (BTC) flash crash, the world-famous whistleblower, Edward Snowden, is considering buying the dip. In a tweet posted on March 13, Snowden, famous for disclosing top-secret documents told, this is the first time in a while that he have felt like buying bitcoin. Snowden’s comments come after what is thought to be Bitcoin’s sharpest ever intra-day plummet yesterday when it briefly dropped to a new yearly low of $3,782. Read Full on twitter.
7. New York Regulators Asks Crypto Firms to Develop Coronavirus Contingency Plans
New York’s Department of Financial Services (NYDFS) is requiring the state’s sanctioned cryptocurrency firms to provide detailed coronavirus preparedness plans, signaling the seriousness COVID-19 poses to businesses as well as public health. Preparations must include employee protection strategies, increased cyber-risk mitigation, disaster communication plans and procedures to ensure the continued functioning of critical operations “at a minimum.” Read Full on CoinDesk.
8. Coinbase rolls out Bitcoin batching, to reduce transaction fees
Cryptocurrency exchange Coinbase has finally enabled the Bitcoin transaction batching feature on its platform. The exchange said it could help users save over 50% on transaction fees. As the name suggests, the feature allows batching multiple transactions into one, and therefore, helps reduce the load on the Bitcoin network. Lower the load, more block space, and less transaction fees. Transaction batching could help make bitcoin "more usable." Read Full on coinbase.
