Freakerz NEWSCAST

📮 23-09-2019

📈 MarketCap: $266 B

📊 24h Mcap %: -1.18%

⚠️ Bitcoin Dom: 67.3%

Active Coins: 2,562
24h Vol %: 3.87%
24h Vol: $45 B

Trade on http://bit.ly/2krcjJW

1. Brian Quintenz, commissioner for the U.S. Commodity Futures Trading Commission (CFTC) says the industry of cryptocurrency is going to continue growing, creating new challenges for the regulatory body. However, the Commissioner explained the CFTC’s approach to creating policy, emphasizing that their goal was to create guidelines that would not stifle innovation. Quintenz said that the CFTC would prefer to put “guardrails” up while allowing the market to ultimately decide the best use case for a product such as crypto-assets.

2. DigiByte Coin, Jared Tate, revealed Friday, Sept 20 that he had spoken with the Binance team the previous week regarding a potential listing of their coin on the exchange operator’s platform. The result of the meeting according to the DigiByte Coin founder was the Binance team demanding a $300,000 listing fee and 3% of all the coins supply, as a way to provide insurance for Binance customers against “blockchain hacks & defects.

3. Stellar (XLM) surged in the early part of the week without any specific fundamental news backing the rally. The move propelled it into the list of top-10 cryptocurrencies by market capitalization. Iota (MIOTA) announced Chronicle, a permanode solution that will allow its node owners to secure data on the Tangle and maintain uninterrupted access to it. Due to the congestion in the Ethereum network, an effort is underway to raise the network’s block size and more....

4. The CEO of Intercontinental Exchange, owner of the Bitcoin futures platform Bakkt, says he and his team are nervous about Monday’s launch. Jeff Sprecher says Bakkt has experienced a flood of curiosity on the company’s imminent launch of BTC futures that will be settled in actual Bitcoin instead of cash. “It’s not demand yet. It’s intense curiosity. It’s the sense that money managers want to be at the front of this train and not left out.

5. Bitcoin (BTC) donations are providing subsistence for thousands of people in Venezuela amid a crippling economic crisis. Bitcoin Venezuela, the non-profit organization runs the humanitarian Bitcoin for Venezuela Initiative (BFVI) that looks after thousands of people in the country said they used about $230 in BTC to provide food for more than 1,200 at its soup kitchen for a week. Bitcoin Venezuela’s tweet puts into sharp relief, the vital role cryptocurrencies can play in supporting relief efforts around the world.

6. Bakkt’s CFTC-approved, physically settled trading platform for Bitcoin futures goes live at 8 PM EST on Sept. 22, after over a year of anticipation. The platform is the first of its kind to receive approval from United States regulators and is a product of ICE, the operator of the New York Stock Exchange. Bakkt’s physically settled futures contracts let clients get Bitcoin rather than its equivalent value in fiat currency once the contract expires.

7. Facebook has reportedly revealed the percentage breakdown of the basket of global currencies that will underpin its Libra cryptocurrency. While it’s already known that 50% of the basket will be on the U.S. dollar, the remaining portion will consist of the euro, the yen, the British pound and the Singapore dollar, with 18%, 14%, 11%, and 7%, respectively. The basket will not include the Chinese yuan, the legal tender of the world’s second-largest economy.

8. The Blockchain Transparency Institute finds that Kraken and Coinbase are among the cleanest cryptocurrency exchanges in the industry. The report states: “Since the start of 2019, global wash trading has reduced by 35.7% among the real Top-40 exchanges. The process of sharing our data reports with many of these exchanges has resulted in enhanced mechanisms for detecting wash trading accounts and shutting them down.”

9. 29 Bitcoin (BTC) in volume has been traded since the launch of Bitcoin futures on the ICE's Bakkt platform yesterday, Sept. 22. As of the at the time of writing, 18 BTC has been traded, with a last recorded trading price of $10, 042.50/BTC. Many crypto commentators have commented on the apparently slight volume levels comparing the platform’s launch so far to patterns typically seen with earlier products. Cryptocurrency investor Ari Paul argued that physical delivery is likely to slow adoption, at least initially.

10. Facebook has acquired the artificial intelligence-based chat-bot startup Servicefriend, In order to build a messaging bot for customer service for Calibra, the digital wallet for Facebook’s planned Libra cryptocurrency. Servicefriend provides artificial intelligence-powered messaging bots that supposedly can mimic the intelligence, comprehension and empathy of a human to such a degree that customers won’t realize they are interacting with a bot.