One Stop Cryptocurrency NewsCast For Today ?
1.Ā Blockchain tech has taken the world by storm and its landscape has been evolving at a rapid pace. Rippleās CTO, David Schwartz predicted that 2020 will see blockchain diversifying into various use cases. In the latest episode of Ripple Drop, he said "I think we are going to see more growth of blockchain into different use cases." According to the Ripple exec, there will be a fundamental shift in the blockchain landscape and more focus on addressing an āactual problemā.Ā Read Full onĀ AMBCrypto
2.Ā Cryptocurrency exchange Huobi Global is launching a fiat-currency gateway for its Indonesian subsidiary, Huobi Indonesia, the firm announced Friday. Huobi Indonesia's service will use the Indonesian Rupiah (IDR) and Tether (USDT) pair. With the new fiat gateway, Indonesian users can deposit Rupiah through Huobi Indonesia and exchange it to USDT to trade the more than 250 cryptocurrencies that Huobi Global supports on its platform. The exchange also planning to launch fiat gateways in Turkey and Russia in 2020.Ā Read Full onĀ The Block
3.Ā Ripple gearing up to announce new Brazilian banking partnerships early next year. Ripple managing director Luiz Antonio Sacco says the countryās clear digital banking regulations are playing a key role in the companyās expansion into Brazil, and Ripple is talking with banks and regulators about utilizing XRP for remittances. Ripple is already working with Santander Brasil, Bradesco, and Rendimento, which use the companyās payment messaging system. But so far, none of the companies are utilizing XRP.Ā Read Full onĀ The Daily Hodl
4.Ā BitMEX is a derivatives trading platform and cryptocurrency exchange that allows users to leverage their positions by up to x100. As a lot of traders have positions with leverage on BitMEX, when they get liquidated, the amount goes into the insurance fund. BitMEX Insurance Fund was already big in 2018, holding around 20,777 Bitcoins by December 2018, however, during 2019, the fund grew around 62% and it is now holding 33,470 Bitcoins. The money inside the fund is there to protect the interest of traders.Ā Read Full onĀ ZyCrypto
5.Ā As 2020 kicks off and Bitcoin enters its second decade, Andreas Antonopoulos, a long-time supporter of cryptocurrency, says heās surprised by the sheer amount of innovation in the industry. The best-selling author and educator highlights several developments, including smart contracts and payment channels, as important innovations that he would not have been able to predict. Antonopoulos says Bitcoin is thriving despite its detractors he says Bitcoin is the story of something that refuses to die.Ā Read Full onĀ The Daily Hodl
6.Ā The head of Rippleās investment and development arm, Xpring, says he expects blockchain and cryptocurrency to radically transform the way money moves around the world. Ethan Beard says that within the next ten years, he believes crypto assets will become an essential element in the movement of money both domestic and across borders. Beard is in charge of Rippleās multi million-dollar push to boost development and adoption of XRP, as well as grow the blockchain and crypto ecosystem as a whole.Ā Read Full onĀ The Daily Hodl
7.Ā Bitcoin (BTC) weekly trading volumes on peer-to-peer (P2P) trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs in their respective national currencies. According to Cryptocurrency data website CoinDance the week ending on Dec. 21 saw over 32.6 million Argentine pesos (equivalent to about $544,905) traded on the platform, or 34% more than the record registered two weeks before. In Venezuela, on the other hand, over 248 billion bolivars (about $24.8 million) were traded on LocalBitcoins.Ā Read Full onĀ Cointelegraph
8.Ā United Nations (UN) secretary-general AntĆ³nio Guterres said the organization must embrace blockchain technology. Guterres believes that blockchain should be among the technologies used by the UN. āFor the United Nations to deliver better on our mandate in the digital age, we need to embrace technologies like blockchain that can help accelerate the achievement of Sustainable Development Goals,ā he said. According to July reports, the UN is also working on blockchain solutions for sustainable urban development in Afghanistan.Ā Read Full onĀ Cointelegraph