One Stop Cryptocurrency NewsCast For today ?

in bitcoin-news •  5 years ago 
📮 19-01-2020

📈 MarketCap:                  $251 B
📊 24h Mcap %:                  0.68%
⚠️ Bitcoin Dom:                 66.0%

📌 Active Coins:                2,497

📍 24h Vol %:                 -15.34%
💲 24h Vol:                     $92 B

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1.  Bitcoin has moved to “Greed” levels in the Fear and Greed index, after the latest price upswing recorded earlier this week. As the price continued to move up and consolidate first above $8,000, and then above $8,500, the market turned bullish. According to the latest research report by Arcane Research, the Bitcoin market has moved over the halfway mark on the Fear and Greed index, suggesting that the market is “steadily getting more bullish.” Read Full on AMBCrypto

2.  Progress in 2020 has turned Bitcoin bullish, says Brandt, who now recommends potential investors hold up to 20% of their portfolio in the cryptocurrency. “They all now want to sit and buy a break back to $6,000 or $5,000 and they’ve missed the bottom — and during that bottom, I think you had a lot of people accumulate with strong hands,” he summarized. Brandt continued: “The weak hands are out; the strong hands own it.” Read Full on Cointelegraph

3.  Former Coinbase CTO Balaji Srinivasan addressed the controversy surrounding the publication Nakamoto.com, which was subjected to massive criticism from many in the community, and said “If you think of Bitcoin as digital gold, I do think there is room for other things. I don’t really want to argue that with people who think it’s a ‘zero-sum game’. There are zero-sum games, but I don’t think this is one” Read Full on AMBCrypto

4.  SIX Swiss Stock Exchange in Zurich revealed Traders in the world of traditional markets are showing increased interest in cryptocurrencies. Among the traders who participated in the survey, two-thirds said their clients have a growing interest in digital currencies such as Bitcoin and other “crypto products.” Around 80 percent said they believe the demand for crypto-based investment vehicles will increase in the future, and that digital assets will likely “streamline the trading and settlement process” and “reduce overall trading costs.” Read Full on Decrypt

5.  The price of bitcoin has just moved above the $9000 level for the 1st time since November 11 as per the data from Coin Market Cap. The current price is trading at $9072. The high price just reached $9145 after breaking above the $9000 level. The upward move pushed Bitcoin's market cap up to $162.6B or 66.46% of the total cryptocurrency market cap. Over the past seven days, Bitcoin has seen a rise in value, as it gained 10.5%. Read Full on CoinMarketCap

6.  Former Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, former LabCFTC Director Daniel Gorfine and investor Charles Giancarlo want to take the dollar digital – and they're not waiting for the Federal Reserve. The three are forming the Digital Dollar Foundation, working with Accenture to design and push for a potential U.S. central bank digital currency (CBDC). The digital dollar would “meet the demands of the new digital world and a cheaper, faster and more inclusive global financial system,” Giancarlo said. Read Full on coindesk

7.  Fintech and crypto intelligence firm Digital Assets Data recently published a report revealing that 10.7 million Bitcoin worth over $97 billion have remained stagnant over the last year. That number represents roughly 60% of the 18.1 million Bitcoin in circulation. It’s the highest level of untouched Bitcoin since the end of 2017, when the entire crypto market surged in a major bull run. The remaining 7.4 million BTC, worth roughly $67.7 billion, have powered trades and payments. Read Full on The Daily Hodl

8.  Bitcoin hash rate achieved a new all-time high (ATH) on Saturday, January 18. The startling jump moved the total hashes to 126 Eh/s. The growth in the Bitcoin network has been remarkable over the past two years. For perspective, the hash rate was just 13 Eh/s in December of 2017 when BTC reached its all-time high price. Morgan Creek Co-founder Anthony Pompliano pointed out, this amount of hashing horsepower makes Bitcoin the most powerful and secure computing network in the world. Read Full on twitter

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