January 17, 2020 – Miss Crypto

Crypto exchange BitMart begins new set of yield producing subscriptions

January 17, 2020 user

BitMart, a bitcoin and cryptocurrency exchange platform, has now begun the second phase of an interest-earning subscription account service. BitMart Lending Phase II offers 30-day basic along with 7-day and 60-day premium subscription types. Each coin has a corresponding investment term and yield. After subscription, the principle will be locked, and the interest will be […] CryptoNinjas: Crypto exchange BitMart begins new set of yield producing subscriptions Source

Tezos releases mainnet tez faucet for development purposes

January 17, 2020 user

The Tezos Foundation, the overseer of the Tezos blockchain protocol and ecosystem, announced today the release of a faucet for the Tezos mainnet. This faucet allows developers and users to request Tezos tokens (tez) for development and testing purposes. To acquire tez for development and testing purposes, enter a Tezos address and complete the captcha […] CryptoNinjas: Tezos releases mainnet tez faucet for development purposes Source

Ubirch and Avenga provide solution for verifiable IoT data and insurance backends

January 17, 2020 user

International IT service provider Avenga and IoT security technology specialist Ubirch, recently announced a collaboration to combine their know-how in a strategic partnership to create a solution for secure IoT data that is particularly suitable for the insurance industry. In the future, insurance companies will be able to connect their legacy systems to Ubirch’s IoT […] CryptoNinjas: Ubirch and Avenga provide solution for verifiable IoT data and insurance backends Source

Cross-chain CDP platform Kava allocates $1.1M for Q1 grants

January 17, 2020 user

Kava Labs, the core developer of collateralized crypto loan and stablecoin platform Kava, announced this week that $1,158,500 has been allocated to its grants program for Q1 2020. Built on the Cosmos SDK, Kava’s mainnet launched back in November 2019. The grants will provide funding for: research & education, software development, and community initiatives. Kava […] CryptoNinjas: Cross-chain CDP platform Kava allocates $1.1M for Q1 grants Source

Cryptocurrency exchange Poloniex lists ETHBNT

January 17, 2020 user

Poloniex, the popular cryptocurrency exchange, today announced the listing of ETHBNT. Holding ETHBNT is equivalent to staking on the Bancor Protocol. Users who hold ETHBNT are entitled to collect a portion of the fees generated by every ETH-based trade on Bancor. “We’ve maintained a strong relationship with the Bancor team ever since we listed BNT […] CryptoNinjas: Cryptocurrency exchange Poloniex lists ETHBNT Source

Existing Bitcoin Exchange Dwarfs Institutional Volume: Are CME and Bakkt Overhyped?

January 17, 2020 user

Despite successful shows of force from CME Group and Bakkt’s Bitcoin options offerings, the majority of volume still goes through Deribit. This squashes fears that the new offerings would be in direct competition with the European firm, and highlights the fact that non-institutional investors seem to prefer unregulated exchanges. CME Group’s Launch CME successfully launched Bitcoin options trading on its derivatives exchange earlier this week; offerings like these permit investors to hedge or speculate on the price of the leading cryptocurrency. Rival platform Bakkt, which is owned by the Intercontinental…

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This Single Factor Suggests Bitcoin’s 2020 Rally is Far From Over

January 17, 2020 user

Bitcoin has been holding steady around the $8,700 region after facing an influx of selling pressure that forced it to lose its previously held position within the $8,800 region. Data suggests that this selling pressure was quite massive, despite BTC only seeing slight losses. Bull’s ability to absorb the majority of this selling pressure may be a sign that points to the possibility that BTC will soon see a continuation of the bullish uptrend it has been caught within throughout the past couple of weeks. Bitcoin Declines Towards $8,700 as…

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Bitcoin Could Soon Tumble Lower as Its Funding Rate Begins Flipping Positive

January 17, 2020 user

Bitcoin has begun showing some signs of topping out as the crypto inches lower from its previous consolidation region around $8,800. BTC’s move towards $8,600 has led some analysts to believe that its recent highs of $8,900 will mark a mid-term top. One valuable indicator that often offers significant insight into future trends is now suggesting that the crypto is close to tumbling lower and retracing its recent gains, although it may still have a little room to run before this occurs. Bitcoin Inches Lower as Bulls Lose Their Strength…

Why This New Act of Congress Could Drive Crypto Adoption

January 17, 2020 user

The taxation of crypto assets may well be hindering their adoption in the United States. Deemed a commodity by the CFTC and property by the IRS, each time an individual makes a purchase with a digital currency, they are almost certainly creating a taxable event. Striving for more practical taxation regulations for crypto assets is Washington-based Coin Center. The non-profit worked with members of Congress to introduce a bill that, if passed, would allow low value transactions to be tax exempt. US Tax Law Makes Actually Using Crypto Tough… Since…

Binance Futures Adding Chainlink Could Spark Major LINK Volatility

January 17, 2020 user

The margin trading wing of popular cryptocurrency exchange Binance has announced that they will soon be offering traders access to up to 75x leverage on popular cryptocurrency Chainlink (LINK). The addition of LINK to the platform comes on the heels of the addition of Ethereum Classic (ETC), and just a couple months after they added other altcoins like Tezos and XRP. The addition of margin trading capabilities to smaller altcoins tends to cause them to have heightened volatility, which may suggest that Chainlink will soon see a massive extension of…