One Stop Cryptocurrency NewsCast For Today ?
1. The price of bitcoin on Coin Market Cap has just moved above the $8000 level for the 1st time since November 21. The current price is trading at $8072. The high price just reached $8090 after cracking above the $8000 level. The price has also moved above its 100 day moving average at $7947.27. The price has not been above its 100 days moving average since October 28. Read Full on CoinMarketCap
2. SBI Holdings and internet service provider GMO Internet are set to start mining bitcoin at a facility in Rockdale, Texas â a popular location for industry firms including Bitmain. The two companies agreed to conduct their operation at the 100-acre mining farm set up by Northern Bitcoin AG subsidiary Whinstone. Northern Bitcoin AG, a Germany-based bitcoin mining company, revealed in Nov. 2019 that the Rockdale facility will initially see more than 300 megawatts in power capability, with the intention to reach one gigawatt by the end of 2020. Read Full on Cointelegraph
3. Coinbase Pro released a new Android application Tuesday, granting professional investors using the exchange access to high-speed trades and other activities. Investors in 100 different countries can access 50 different trading pairs. Both apps offer deposit and withdrawal services, and the mobile trading experience provided by the app offers the functionality. Other features, include real-time candles, order books, depth charts and identical fees to its existing desktop platform. Read Full on coinbase
4. The SEC's Office of Compliance Inspections and Examinations (OCIE) published its list of 2020 examination priorities, highlighting digital assets and service providers as areas of concern. This year OCIE wants to address investment suitability, trading practices, fund safety, pricing and the effectiveness of compliance programs. The office wrote that âOCIE also will continue to identify and examine SEC-registered firms engaged in the digital asset spaceâ â maybe indicating a less retributive stance towards crypto in 2020. Read Full on Cointelegraph
5. Binance has announced its collaboration with Satang Corporation, one of the oldest digital asset exchanges in Thailand, to open Thai Baht (THB) fiat channels on the Malta-based exchange. However, this wasnât the only development in the Binance ecosystem as the exchange has also collaborated with Banxa, a global fiat on-ramp solution, to provide Australian Dollar (AUD) support. Binance users will now be able to purchase cryptocurrencies using these currencies through the exchangeâs fiat gateway. Read Full on AMBCrypto
6. The future of digital assets in India may remain uncertain. However, the implementation of blockchain continues to grow at a rapid pace in the country. Kerala may soon be on its way to becoming the first Indian state to successfully introduce blockchain technology, in an attempt to strengthen its financial sector and human resources. The report said that the state wants to make use of blockchain to bolster its financial system and implement âpilot government schemesâ by introducing a talent pool of professionals specialized in the blockchain sector. Read Full on economictimes
7. Binance Charity Foundation, the blockchain-based charity platform and official philanthropic arm of the worldâs leading cryptocurrency exchange Binance, today announced the initiation of a charity project aiming to help with the Australia bushfire relief. Binance commits to donating 1 million USD in cryptocurrency BNB. All funds raised will be used to help alleviate the impact of this disaster and facilitate the restoration afterward. Read Full on Binance
8. The price of bitcoin (BTC) is set to increase this year, according to a Bloomberg analyst. Mike McGlone, has said that the two factors â bitcoinâs fixed supply (21 million coins) and increasing adoption â are likely to support the worldâs largest cryptocurrencyâs appreciation in 2020. âBitcoin is winning the adoption race, notably as a store-of-value in an environment that favors independent quasi-currencies,â said McGlone. Read Full on The Block
9. As the number of people using Cryptocurrencies for their daily purchases is growing, todayâs world demands a simple solution for buying crypto for cash. Let us Seize this opportunity, Start your own business with crypto ATMs and start earning passive income. CryptoMaticATM is offering its Cobra ATMs along with POS at fair prices. Their Backend interface allows you to publish the locations of your machines on CoinATMradar to bring your business to a wider audience, monitor your earning from anywhere. Read Full on CryptomaticATM
10. The latest report from crypto prime dealer SFOX suggests Bitcoin was a âgood buyâ in 2019, holding steady most of the year and outperforming the S&P 500 and gold, proving to be largely uncorrelated with both. Despite beginning 2019 at just over 70% historical volatility, Bitcoin closed out the year at just around 32%. This data about bitcoinâs high returns and low volatility made BTC a compelling tool for portfolio management in 2019. Read Full on Decrypt
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