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📮27-01-2020

📈MarketCap:                  $242 B

📊24h Mcap %:                  4.46%

⚠️Bitcoin Dom:                 65.2%

📌Active Coins:                2,344

📍24h Vol %:                  26.07%

💲24h Vol:                     $61 B

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1.  India’s Prime Minister Narendra Modi awarded young entrepreneur Harshita Arora, the developer of a cryptocurrency price tracking application. Modi said that Arora’s “passion towards science, technology and human welfare are clearly visible.” She received the Bal Shakti Puraskar 2020: an award recognizing youth’s contributions in the fields of social service, innovation, bravery, sports, art and culture and scholastics. According to Modi’s tweet. Her app, Crypto Price Tracker, is a portfolio management and price tracking app. Read Full on cointelegraph

2.  BitMEX is set to launch the XRP-US Dollar (XRP/USD) quanto swap. The quanto swap derivative allows traders to speculate on the price of XRP/USD without having to deposit US dollars. While the price of XRP will be tracked using USD, a third foreign currency will be used to settle the contract at a particular interest rate. The exchange has announced that the new derivative will be launched on February 5, 2020. BitMEX says it’s scrapping its UP and DOWN contracts for XRP, which give traders a way to bet on the potential upside and downside of the third-largest cryptocurrency. leading-cryptocurrency-derivatives-exchange-launching-xrp-swaps Read Full on bitmex

3.  Hedge Trade (HEDG) is the top performer of the past seven days with a rise of about 13%. This is the third consecutive week that Dash (DASH) has been a top performer with a gain of about 10% in the past seven days. Bitcoin SV (BSV) has again found a place among the top performers. Ethereum Classic (ETC) rallied roughly 4% in the past seven days. Tezos (XTZ) has found a place among the top performers with a gain of about 4% in the past seven days. Read Full on Cointelegraph

4.  After developing new regulations for its digital assets industry, Iran’s government has issued over 1,000 licenses for crypto mining in the country. Amir Hossein Saeedi, an official with Iran’s ICT Guild Organization, told that the crypto mining industry has the potential to add $8.5 billion to the economy and many people are interested in setting up their own operations. Saeedi also added that several large industrial farming miners have already been set up by big investors entering the space. Read Full on bitcoin.com

5.  Hornet, which is IOTA’s lightweight node, is under test and impressively, the network can process over 40 TPS, which is almost 6X the speed of Bitcoin and 3X of Ethereum’s. This is a mark of progress and supporters couldn’t wait to express their optimism and how this will help IOTA cement its position as a true Internet-of-Things platform that will be inherently scalable, decentralized, and feeless. Hornet is currently in beta and available for testing purposes only. At the time of writing, its Hornet’s TPS was 48 TPS. Read Full on Coingape

6.  The utility of the cryptocurrency in places where economies are already under strain, like Venezuela and Hong Kong, is being demonstrated in trading volume. According to data from LocalBitcoins, the increase in trading volumes is most prevalent in countries that are facing troubled economies. Through 2019, $305.9 million was traded on LocalBitcoins from Venezuela with Colombia and Peru coming in second and third with $134.2 million and $45.5 million respectively. Other key countries include Hong Kong with $21.73M being traded. Read Full on twitter

7.  Oceanic Liquidity that lets you to open an Offshore Bank Account in Singapore, allows you to buy or sell crypto is giving away a $5000 Offshore Saving Account in Singapore for those who are willing to fund their Portfolio Investment account with Oceanic OBU. Oceanic is also paying instant commissions to all referrals deposits. Recommend Oceanic to Your Friend and get 20% commission of their deposit instantly. Oceanic has 24/7 Live Chat Support on their website. Visit and get informed. Read Full on oceanicliquidity

8.  China’s blockchain initiatives have extended the country’s ambition of becoming a superpower in the near future. According to LongHash data, there are more than 26,000 blockchain companies operating and nearly 80,000 are legally registered firms in China. Guangdong, a coastal province of southeast China has the highest number of blockchain firms, a total of 22,636 companies that are registered and operating. Next in the line was Yunnan with over 5,300 blockchain firms, followed by Guangxi with over 5,000 registered and operating firms. Read Full on AMBCrypto