📮 08-10-2019
📈 MarketCap: $226 B
📊 24h Mcap %: 0.94%
⚠️ Bitcoin Dom: 65.7%
Active Coins: 2,556
24h Vol %: 3.11%
24h Vol: $48 B
In a recent surprise AMA, Charles Hoskinson, the co-founder of Cardano and CEO of IOHK, said that Cardano (ADA) is in good shape and moving fast. About the growth the network experienced Mr. Hoskinson commented: “We have almost 100 stake pools running, we have tons of issues that have been reported, we are learning a lot, the community is learning, there are 2400 people on the stake pool channel, so Cardano is looking good.”
AI Trades is a Bitcoin trading company working in compliance with Anti Money Laundering policy. With multiple licenses, company manages your cryptocurrency and bitcoin with the help of “AI robots” and live traders, working around the world in offices in Korea, Ukraine and Panamá and opening in Singapore and UK. They require KYC up front in order to avoid money laundering activities. There various products includes education platform, merchandise, crypto Atms, mining software and AiCopy traders.
The Wyckoff chart and other key indicators suggest that crypto investors are accumulating Bitcoin even if it retains a bearish bias. This is a broad demonstration of how markets behave at the bottom of the market, where sellers become exhausted after passing their assets across to those wishing to accumulate. This schematic coupled with the bullish divergence on the OBV gives some credence to the idea that accumulation may indeed be underway.
In a joint effort with blockchain-based event ticketing platform Blockparty. The NBA’s Sacramento Kings, U.S. professional sports team has developed ERC-20 token for fan rewards that will run on ethereum. Fans can get those points and put them in their wallets and experience it all on the blockchain platform. Kings CTO Ryan Montoya said, Kings Token, will pair with a predictive gaming platform the team has developed in anticipation of the legalization of sports betting in California.
Germany’s federal finance minister has come out in support of digitizing the euro, but is against private currency projects like Facebook’s Libra. Scholz argued that the power of currency issuance should reside in the hands of the state. However, an e-euro would be good for Europe’s financial system, particularly in the wake of economic globalization. "Such a payment system would be good for the [European] financial center and its integration into the world financial system", Scholz said.
Katie Haun, a former Prosecutor at Andreessen Horowitz, has asserted that the Bitcoin has helped her solve cases. Blockchain transactions, have helped her track down illegal funds a lot more efficiently than trailing cash. Katie added, “The government was able to use that same technology to actually track down criminal activity it might not otherwise have been able to. Without the technology underlying bitcoin, we never would have been able to catch those people.”
The World Federation of Exchanges (WFE), which has over 70 members including giants such as CME Group, Nasdaq and Intercontinental Exchange (ICE), has urged the U.K.’s finance watchdog not to ban cryptocurrency derivatives for retail investors. WFE said the U.K. Financial Conduct Authority (FCA) needs to find the right balance between enabling innovative products to be traded in the UK and ensuring that they are sold responsibly, by fully regulated providers.
Destinia, one of the Spain’s largest virtual travel agencies, announced last week that will now allow its customers to pay for their next trip with five additional cryptocurrencies — and not just Bitcoin. The company now accepts Bitcoin Cash, EOS, Ethereum, Litecoin, and Dash as payment methods for any plane or train bookings, as well as hotel accommodations and travel packages. Accepting Bitcoin has been quite lucrative for Destinia. In 2018 alone, a total of 7.23 percent of its customers chose to pay with Bitcoin.
Chainlink has surged, having embarked on a 50% seven-day rally as aforementioned. Much of this hype seems to be attributed to the growing underlying demand for LINK. Case in point, on Monday, the project made a massive announcement: Chainlink, alongside massive partners in computing giant Intel, Hyperledger, and others, have presented a new Trusted Computation Framework that leverages public blockchain and Chainlink oracles to “drive enterprise blockchain adoption.”
Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes. The institution said blockchain technology could offer a multitude of benefits to the financial industry, including the issuance of digital tokens, funding, custodial services and trading. The bank intends to deploy distributed ledger technology to fight money laundering, improve verification services, custodial services and token offerings. Lee Woo-yeol, chief information officer at KB Kookmin, said that the bank should take a proactive approach toward blockchain.
Executives at Bitwise Asset Management are highly optimistic as the deadline for the United States SEC decision on their proposed Bitcoin (BTC) exchange-traded fund (ETF) looms on the horizon. Days ahead of the Oct. 13 deadline, Despite the regulator’s repeated pushback against previous proposals, Matt Hougan, managing director and global head of research at Bitwise is positive about the prospects this time , saying: “We’re closer than we’ve ever been before to getting a Bitcoin ETF approved.”
Brad Garlinghouse, the CEO of blockchain payments network Ripple, believes that Facebook will fail to launch its Libra digital currency before 2023. Brad Garlinghouse argued that regulatory pushback would continue to plague the project that was only announced in June, Garlinghouse added that regulators likely saw Libra as a Facebook project. He further noted that, maybe it would have been better received if Facebook had not been the point of the arrow.
