Bitcoin, Blockchain & Cryptocurrency News

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# Bitcoin News

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November 30,2020 by at Bitcoin
Bitcoin has today set a new all-time high with the leading cryptocurrency trading as high as $19,800 in the past few hours. This milestone broke the previous all-time high of $19,666 recorded on the Bitstamp exchange on Dec 16 2017. Huge Milestone for Bitcoin Creating a new all-time high represents...
November 29, 2020 by at Bitcoin
Major asset-manager Guggenheim Partners has joined the bitcoin bandwagon. Guggenheim Partners Shows Confidence in BTC The trend of major public companies putting a part of their assets in bitcoin (BTC) continues to gain momentum as according to a recent development, the $200 billion-plus asset-manager, Guggenheim Partners is the latest to...
November 28,2020 by at Bitcoin
Bitcoin price took a plunge in the last two hours. After briefly touching $19,500, just a small step away from its ATH, bitcoin crashed to $16,350, a decline of about 15%. The flash crash swept away near $2 bullion-worth long positions across three major crypto exchanges.  The overheated market quickly...

# Blockchain News

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November 30,2020 by at Blockchain
The conclusion of Project Aber and subsequent review by the Central Banks of the Kingdom of Saudi Arabia (Saudi Arabian Monetary Authority) and the United Arab Emirates (CBUAE) shows that Distributed Ledger Technology (DLT) can improve remittance and satisfy privacy demands despite it being technically untenable, a joint report on Nov 28...
November 30, 2020 by at Blockchain
Vodafone inks alliance with Block Gemini to leverage blockchain to streamline the digital recruitment processes. Using Blockchain to Simplify Recruitment According to a report by tahawultech.com technology start-up Block Gemini has entered into a partnership with telecommunications behemoth Vodafone’s offshoot – Vodafone Procurement Company (VPC) - to tap distributed ledger...
November 27,2020 by at Blockchain
UCC Coffee, a UK coffee manufacturer has partnered with fintech company Farmer Connect, to integrate the latter’s IBM blockchain-powered coffee tracking solution to trace one of its coffee brands. Tracking Coffee Supply Chain with Blockchain Technology  According to a report by Verdict on November 26, 2020, the coffee manufacturer has...

# Altcoins News

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November 30,2020 by at Altcoins
The proposal to continue distributing Uniswap (UNI) tokens for two more months at half the earlier rate has been moved forward as a formal governance proposal. By Nov 28, the snapshot poll had the required threshold of 50,000 UNI after five days of voting. Quorum Met, Final Voting in the Next Few...
November 30, 2020 by at Altcoins
Cartesi (CTSI), the project enabling smart contracts to run on a Linux environment, is launching the PoS system that will power the data availability side-chain (Noether) on mainnet. Noether will be a highly optimized data availability oracle for temporary storage and a key element of Cartesi's scalability stack. From this...
November 30,2020 by at Altcoins
Over 3 billion Huawei users across 170 countries now have access to TRON’s BitTorrent, the world’s largest distributed network service. Huawei, the largest telecommunications equipment manufacturer in the world, has listed BitTorrent (BTT); a TRON portfolio project, on their latest devices through the AppGallery. Four applications: BitTorrent, BitTorrent Pro, uTorrent,...

# Regulation News

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November 28,2020 by at Regulation
The US is finally waking up to Chinese dominance in the crypto industry. SEC Urged to Support Bitcoin and Crypto Companies According to a report by The Washington Examiner, the US intelligence community is worried about the increasing Chinese influence in the digital currency industry. To that effect, the US...
November 27, 2020 by at Regulation
Germany’s finance minister has called on stakeholders in the region to expedite action on plans for a central bank digital currency (CBDC). The EU is currently examining the case for a digital Euro even as China accelerates its digital yuan testing protocols. Huge Demand for Digital Currency According to Reuters,...
November 27,2020 by at Regulation
Major Singaporean bank, the United Overseas Bank (UOB) is mulling joining the cryptocurrency custody bandwagon. United Overseas Bank Developing Crypto Custody Solutions According to a report by The Block, Singapore-based United Overseas Bank appears to be developing digital assets custody solutions. The third-largest bank by total assets in Singapore, the...

# Price Analysis

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November 30,2020 by at Price Analysis, Price pages
The total crypto market cap added $13.5 billion to its value for the last seven days and now stands at $552.8 billion. The top 10 currencies showed mixed results for the same time period – Ripple’s (XRP) added 40 percent while Polkadot (DOT) and Litecoin (LTC) lost 5.8 and 4.6...
November 26, 2020 by at Price Analysis, Price pages
Total crypto market cap erased $8 billion of its value for the period since Monday morning and now stands at $530.4 billion. The top ten coins are all in red for the last 24 hours with Chainlink (LINK) and Bitcoin Cash (BCH) being the worst performers with 16.6 and 14.8...
November 23,2020 by at Price Analysis, Price pages
The total crypto market cap added $85 billion to its value for the last seven days and now stands at $549 billion. The top 10 currencies are all in green for the same time period with Cardano (ADA) and Litecoin (LTC) leading the pack with 52 and 41 percent of...

# Ethereum News

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November 30,2020 by at Ethereum
There were more nodes participating in the Ethereum (ETH) blockchain than on the Bitcoin (BTC) network for a brief period at the start of the week. This news comes amid the imminent launch of ETH 2.0. Bitcoin Regains Lead over Ethereum in Number of Nodes Tweeting on Sunday (Nov. 29,...
November 26, 2020 by at Ethereum
Loopring, a protocol for secure, scalable exchange and payment on Ethereum, is launching the beta version of a mobile smart contract Loopring wallet with baked-in zkRollup as per an update on Nov 24.  The wallet is currently available for Android users.  The Loopring Smart Contract Wallet Loopring developers have been working on...
November 24,2020 by at Ethereum
The Eth2 deposit contract is fully funded, Vitalik Buterin, the co-founder of Ethereum, has said in a tweet on Nov 24. https://twitter.com/VitalikButerin/status/1331061403768143872 Eth2 Deposit Target Surpassed It is three hours before the deadline, at the time of writing, and there are 619,350 ETH valid deposits and 19,351 validators according to Beaconscan. Additional data...
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