One Stop Cryptocurrency NewsCast For Today ?

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1.  New bitcoin addresses have grown, with a special uptick since 2017. Since BTC entered its most active bull market in December 2017, ownership expanded, with 124 million addresses created in total. Even during the bear market, and a rather tame 2019, address growth continued, at above 300,000 new addresses per day. The bitcoin on-chain activity has also grown substantially. From a few hundred transactions per day in 2011, BTC now easily handles above 300,000 transactions per day. Read Full on decentralised

2.  The procedure of switch between Ethereum 1.0 and Ethereum 2.0 remains the most exciting puzzle for the whole Ethereum community. In December 2019, Vitalik Buterin of the Ethereum Foundation suggested that this could be achieved through the network of 'friendly validators'. 'Stateless Clients' procedure will allow validators to avoid downloading both ETH1 and ETH2 nodes. Now its concept is approved officially. According to Mr Buterin, the second one can now be operated using machines with limited resources. Read Full on U.Today

3.  Relatively few of the United States' biggest charities currently accept bitcoin. 12% of America’s top 100 charities of 2019 accept bitcoin donations. And many of those donations are being routed through a popular payment processor, BitPay. Over 90% of these charities accept bitcoins through third-party payment processors. Read Full on The Block

4.  Decentralized finance (DeFi) is growing from strength to strength despite an overall bearish year for the majority of crypto assets. A small investment in DeFi could have yielded more than bitcoin over the past year. Year to date the total value in USD locked in DeFi has increased by almost 200% according to defipulse.com. It is currently around $660 million after hitting an all-time high of $710 million on Wednesday. Read Full on Bitcoinist.com

5.  Blockstream founder and CEO, Adam Back, has said the price of Bitcoin will soon cross the much-expected $100K, saying the fact that the digital cryptocurrency already crossed $10K a few times in the past indicates $100,000 is not far insight considering the present high inflation of USD that he said is being aided by the “Modern Monetary Theory rationale for high inflation”. Adam made this comment in response to a statement made by Hal Finney, one of the early adopters of Bitcoin who foresaw that BTC could reach $100,000 anytime. Read Full on NewsLogical

6.  More than half of total circulating Litecoin, have been locked away and hoarded. On chain inactivity has steadily been growing and can be seen across other digital assets most notably bitcoin, where likewise, just over 10M bitcoin have become for more than a year. The majority of this Litecoin appear to have been locked up during November / December period in 2018 where the markets hit their lowest points in this cycle. There are a significant number of coins now held by strong hands and long term bulls who have been accumulating. Read Full on litecoin

7.  Ethereum Classic successfully completed the “Agharta” hard fork at block number 9,573,000 at 06:26 UTC on Sunday, according to etcnodes.org. Similar to the network’s last backwards-incompatible upgrade in September, Atlantis, Agharta makes ethereum classic more interoperable with sister-chain ethereum. As part of the hard fork, the Constantinople and St. Petersburg upgrades deployed in tandem on the ethereum network last February will be enabled under Ethereum Classic Improvement Proposal (ECIP) 1056. Read Full on CoinDesk

8.  According to Willy Woo of Adaptive Capital, investor activity on the Litecoin network is picking up, and he expects Bitcoin to follow. Using on-chain investor activity, which gives a read of where this may go; LTC is already very bullish, while BTC is still consolidating around an early bullish swing. "In a nutshell, I’m expecting a bullish run in BTC lead by LTC as a confirmation signal" he said. Woo says on-chain metrics including miner activity suggest BTC is in the early stages of a long-term bull run. Read Full on twitter