Cryptocurrency Daily News Bulletin: January 29, 2019

January 29, 2019 1:19 pm Published by

General News

Bakkt has released new information on its Bitcoin futures product. Bakkt BTC (USD) Daily Future will trade from 8:00 a.m. EST to 6:00 p.m. EST. The minimum price fluctuation will be $2.50 per coin, and the exchange fees will cost $0.50.

Belarusbank, the largest bank in Belarus, is considering setting up a crypto exchange.

Chainalysis has disclosed just two groups benefited from the majority of cryptocurrency hacks that have occurred to date. The two hacking groups could have obtained as much as $1 billion in cryptocurrencies out of the $1.7 billion estimated to have been stolen.

Intercontinental Exchange (ICE) has partnered with Blockstream to launch its Cryptocurrency Data Feed product. ICE’s new crypto data service enables real-time and historical data for more than 60 cryptocurrencies from major exchanges worldwide.

Nvidia stock took a hit yesterday following their revised Q4 revenue estimates, citing crypto mining declines and conditions in China.

Tangem, the Swiss-based ‘smart card’ wallet manufacturer, will issue physical banknotes for the Sovereign (SOV), the state digital currency of the Marshall Islands. The physical SOV will be a “controllable mechanism” for issuing the currency by the Marshallese government.

Austrian capital, Vienna, is currently developing a blockchain-based token as a part of an incentive program to be used by city citizens. The Vienna token will be developed together with the Vienna University of Economics and Business.

Iran’s central bank appears set to prohibit unapproved cryptocurrencies from being used for payments, according to a new report: “Obligations and Rules Regarding Cryptocurrencies”.

Cryptocurrencies

BitTorrent Tokens (BTT), worth roughly $7.2 million, sold out in a matter of minutes on Binance’s Launchpad yesterday.

Brave $0.111006 USD (-4.16 percent) has partnered with news website Cheddar to offer free access to its premium content for the next three months starting today.

Ethereum Classic $3.95 USD (0.30 percent) Cooperative has appointed Bob Summerwill, former Ethereum core developer, to take over as executive director.

Grin $8.24 USD (-8.07 percent), a new privacy coin, spiked to more than $12, increasing its market cap 600% in one week following recent listings on exchanges including KuCoin and HotBit. However, the pick up in volatility with BTC falling back down to its lows has pulled back the hype around the coin.

Ripple $0.288676 USD (-1.67 percent) has a court date for oral arguments on February 13th according to lawyer Jake Chervinsky, which alleges the company violated state and federal laws by selling XRP as an unregistered security. Meanwhile, Ripple claim several games are now in development that will take advantage of XRP. One such game that’s incorporating the XRP Ledger is BeachHead 2020.

Tether $1.01 USD (-0.17 percent) has shifted to the fourth slot in the crypto market cap rankings, adding a 10 percent increase to its market capitalization. This follows the continued market downturn and with BTC close to its yearly lows.

 WN.com, Jamie Saarloos



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