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Bitcoin Realism Is More Sustainable Than Altcoins Rally - Strategist
7.2.2020
The Cryptoverse had an opportunity this year to see a number of altcoins outperforming the world's number one crypto, bitcoin (BTC) – but there are some words of caution out there: it still might be too early for optimism.
“This year's enthusiasm in some altcoins is reflective of a bullish...
Citigroup and Goldman Sachs Swap Equity On Blockchain + More News
7.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
U.S.-based banking giants Citigroup and Goldman Sachs conducted the first equity swap on a new blockchain built using...
Bitcoin Transaction Fees Drop Amid Rising SegWit Adoption
7.2.2020
Source: iStock/Sasha_Suzi
Bitcoin (BTC) transaction fees are returning to low levels amid an increased adoption of the Segregated Witness (SegWit) protocol on the network.
“The majority of transactions now support SegWit, currently surpassing 55% on average. And while this marks a near 40% increase...
Rewards-to-Crypto Plan May See Billions of USD Converted Into Bitcoin
7.2.2020
If the Cryptoverse is lucky, a new app could see billions of American rewards points converted into cryptocurrencies, such as bitcoin (BTC).
“The legacy payments infrastructure is ripe for disintermediation,” Jeff Sprecher, founder and CEO of Bakkt operator Intercontinental Exchange (ICE) told...
Don't Get Too Excited About Crypto Mom's ICO Plan, Lawyer Warns
7.2.2020
Hester Peirce. Source: a video screenshot, Youtube, Blockland Solutions
An audacious proposal from the American Securities and Exchanges Commission (SEC)’s so-called “crypto mom” Hester Peirce to end the nation’s initial coin offering (ICO) impasse could come to naught, warns a crypto...
Ethereum Classic Turns Into the Worst Performing Top 20 Coin Today
7.2.2020
After a strong rally this year, Ethereum Classic (ETC) is once again correcting its gains and is the worst-performing coin among the top 20 digital assets by market capitalization today and in the past week. Meanwhile, a parallel upgrade to fix the accepted one has been voted in.
ETC has dropped...
Binance Co-owned FTX Adds TRUMP-2020 Futures Market
7.2.2020
Some members in the crypto community take their interest in politics further than others and seem willing to bet money on the outcome of elections, a new product from crypto derivatives exchange FTX suggests.
While keeping up with what happens with the most traded digital assets is enough for most...
Major DeFi Milestone: Total Value Locked Hit USD 1 Billion
7.2.2020
We have been reporting for a while now about the massive growth the DeFi (decentralized finance) ecosystem is experiencing, and today, the Cryptoverse saw another major milestone reached - total value locked in DeFi surpassed USD 1 billion, before dropping below this threshold again.
The total...
Bitcoin and Altcoins Bulls Remain In Driver’s Seat
7.2.2020
The market sentiment improved in the past three sessions, with positive moves in bitcoin price above the USD 9,550 and USD 9,750 levels. BTC/USD even traded above USD 9,800, but it is yet to test the key USD 10,000 resistance area.
Besides, there were steady gains in most major altcoins, including...
Paris Blockchain Week Summit Announces Its 2020 Speaker Lineup
7.2.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Following a Successful First Year, Global Conference to Feature Prominent Speakers in Politics, Technology, Business, and Finance, with support from Bruno Le Maire, French Minister for the Economy...
Kyber Network Expects to Surpass USD 500 million in Volume This Year
6.2.2020
Kyber Network (KNC), an open-source, on-chain liquidity protocol, expects to facilitate over USD 500 million in transaction volume in 2020, or 29% more than last year, Loi Luu, CEO and Co-Founder of Kyber Network, told Cryptonews.com.
According to the CEO, Kyber facilitated USD 70 million worth...
Lightning Labs Beta Tests Its First Paid Product, Lightning Loop
6.2.2020
Lightning Labs (LL), the developer of the Lightning Network, said it beta tests its first paid product, Lightning Loop, that aims to improve transactions on the Bitcoin network.
“Loop helps startups, node operators, and end-users send and receive on Lightning more efficiently,” CEO and co-founder...
RSK Opens Bridge Between Bitcoin and Ethereum + More News
6.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Bitcoin sidechain RSK said it has launched a two-way bridge between Bitcoin and Ethereum blockchains. Developers...
Justin Sun, Warren Buffett and Guests Finally Eat Dinner; TRX Jumps 12%
6.2.2020
Source: Twitter/@justinsuntron
Just when the Cryptoverse thought it'd never happen, the long-awaited dinner between Tron's CEO Justin Sun and a crypto-skeptic billionaire Warren Buffett was finally eaten in late January. Following the news, TRX jumped more than 12%.
Sun himself tweeted about...
MLB Players Allegedly Among Victims of American Crypto Fund Scam
6.2.2020
The Arizona District Attorney (DA) has announced that two men have been charged with fraud and money laundering offenses after allegedly duping victims – including octogenarians and a number of ex-Major League Baseball (MLB) players – into investments in a bogus crypto investment fund.
The DA said...
Ethereum 2.0 Phase 0 'Certainly' Coming This Year, Deadline Unknown
6.2.2020
Ethereum 2.0 developers are sure that the Phase 0 of the network’s upgrade will be launched this year.
Ethereum's major network upgrade, Ethereum 2.0 (a.k.a. Serenity), should be rolled out in phases, the first of which is Phase 0. The upgrade will bring, among other things, sharding...
Tezos Surges to Become Best-Performing Top 20 Coin
6.2.2020
Tezos (XTZ), one of the best-performing cryptoassets of 2019, has seen another surge again over the past 7 days, making it the week’s top-performing coin among the 20 most valuable digital assets by market capitalization.
As of pixel time (11:46 UTC), XTZ is up 32.5% over the past 7 days, 6.5% in...
Public Blockchain Is a 'Natural Choice for Survival,' Says Banker
6.2.2020
South Korean banks and financial services providers will increasingly look to use public blockchain solutions, say experts in the country.
Seoul has been supportive of a range of private-only blockchain projects, and has even provided such ventures with multi-million dollar funding.
But South...
Ethereum, XRP, and Other Altcoins Are in 'Proving Phase,' says Novogratz
6.2.2020
Mike Novogratz. Source: a video screenshot, Youtube, ConsenSysMedia
Many cryptos, including XRP and Ethereum (ETH) are still in the 'proving' phase, says prominent Bitcoin (BTC) bull, Mike Novogratz, adding that these coins aren’t going to "succeed as solely a store of value as BTC has taken that...
Bitcoin and Altcoins Surging, Market Gathering Bullish Momentum
6.2.2020
After forming a strong support base above USD 9,200, bitcoin price started a fresh increase above USD 9,350. BTC/USD gained bullish momentum and surpassed the USD 9,550 and USD 9,650 resistance levels. The price traded close to USD 9,750 and it is currently (09:00 UTC) showing positive signs.
Also...