One Stop Cryptocurrency NewsCast For Today ?

in bitcoin •  5 years ago 
📮 17-12-2019

📉 MarketCap:                  $181 B
📊 24h Mcap %:                 -2.96%
⚠️ Bitcoin Dom:                 67.25%

📌 Active Coins:                2,690

📍 24h Vol %:                    10.15%
💲 24h Vol:                     $74 B

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1.  Indian tech giant Tata Consultancy Services (TCS), having a market capitalization of over $100 billion, has launched a blockchain development kit. Announced Monday, TCS said the Quartz DevKit is aimed at helping enterprises build and deploy blockchain applications faster on platforms such as Ethereum, Hyperledger Fabric or R3 Corda. The kit has pre-built templates, which helps developers “write smart contracts 40% faster,” said TCS, which recorded consolidated revenues of $20.9 billion in the fiscal year ended March 31, 2019.

2.  Bitcoin (BTC) price dropped below the $7,040 support, which kicked off a swift 3% decline to $6,800 on Dec. 16. The sharp pullback is likely no surprise to traders as Bitcoin has been ranging lower at each daily close with previous supports at $7,300 and $7,150 flipping to resistance over the weekend. In the event that $6,800 fails to hold, traders will likely cast their bets near $6,400 where the price could bounce off the descending channel trendline.

3.  In the past month, European business hours became extremely active for bitcoin futures trading on BitMEX futures. New data shows European bitcoin traders became active in the past month, making up the bulk of volumes on the BitMEX XBT/USD perpetual contract. Europe has stood out as one of the hotter crypto spaces in the past year. More favorable banking services, as well as growing wealth and a tech sector, have grown European interest in crypto trading. The Euro itself has a 1.45% share of bitcoin trading on the spot markets.

4.  ErisX the Wall Street-backed cryptocurrency exchange operator gatecrashed the cryptocurrency exchange world in October 2018, promising a Wall Street-grade trading experience for futures and spot cryptocurrency trading. Still, ErisX has been quiet for most of the second-half of 2019, declining to comment on several occasions over the past few months. However now ErisX, announced in an alert to potential clients today that its market for cryptocurrency futures will kick-off Tuesday.

5.  Blockchain intelligence firm CipherTrace has claimed that large banks may be processing up to $2 billion in undetected cryptocurrency-related transfers each year. CipherTrace claims that its research unit has found that every one of the United States’ top 10 commercial banks have unregistered cryptocurrency businesses using their payments networks to process funds. These unregistered cryptocurrency money service businesses (MSBs) include entities such as crypto exchanges, according to the research.

6.  Cardano, one of the biggest proof-of-stake (PoS) blockchain projects, released the Daedalus Rewards wallet that allows its users to stake ADA tokens. The announcement was made by the Input Output Hong Kong (IOHK), the research company behind Cardano that is helmed by none other than Charles Hoskinson. Cardano's Shelley has entered the stage of the Incentivized Testnet network on Dec. 13. With the most recent wallet launch, ADA holders are now able to earn rewards by delegating their tokens or acting as a stake pool operator.

7.  The XRP/MXN corridor on Bitso has been marking new all-time highs in terms of liquidity almost every other day. The corridor noted a new ATH on 11 December 2019, where it reported liquidity of 10 million. According to the last update by the Liquidity Bot Index, XRP/MXN noted 9.02 million liquidity on 16 December. Apart from the prominent XRP/MXN corridor, the XRP/PHP gateway has also seen a rise in its liquidity. According to the Liquidity Bot, XRP/PHP noted a new ATH on 16 December as it reached 1.37 million.

8.  Nassim Nicholas Taleb, author of the bestsellers "The Black Swan” and “Fooled By Randomness,” is optimistic about cryptocurrencies. The Lebanese-American author believes that people of some countries, such as Lebanon, have “lost faith” in governments and banking systems. He said, Lebanon is in a situation where there is an implied currency control but the government cannot control bitcoin which is a good thing, he further added that currency without government is “great.”

9.  Vitalik Buterin, ethereum’s co-founder, has sold at the top in almost all cases since 2016, with price drastically falling every time around the same period he sold. He crashed the price in March 2016, May 2017, June to July 2017, January 2018, and donated crumbs at the very bottom of November-December 2018. Of course, it could have been a coincidence or it could have been caused by him or perhaps his nativity in not considering how others might react to his blockchain movements.
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