🗞 Daily Crypto News, February, 5th💰

Bitcoin’s ‘Lightning Torch’ Has Blazed Through 37 Countries So Far ;
BitTorrent Token Is Already Nearly 6 Times Its ICO Price ;
Facebook Acquires Blockchain Startup in Apparent First ;
The Crucible of Privacy: Why Decentralized Exchange Is the Only Way ;
Kraken Acquires British Derivatives Platform Crypto Facilities ;
📑 Daily Crypto Calendar, February, 5th 💰
STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Bitcoin’s ‘Lightning Torch’ Has Blazed Through 37 Countries So Far

The bitcoin community is currently immersed in an experiment called the “lightning torch.”

The effort is intended to show the value of bitcoin’s lightning network – an up-and-coming technology that is experimental and hard to use so far, but it does offer improvements over today’s most common payment systems by allowing users to pass money around the world quickly and without a third party, unlike Mastercard and Paypal.

And participants are out to show this facet of the technology in a kind of global relay race using an ever-increasing amount of BTC.

🗞 BitTorrent Token Is Already Nearly 6 Times Its ICO Price

The price of BitTorrent Token (BTT) is closing in on six times the price of its initial coin offering (ICO), which occurred just one week ago.

59.8 billion BTT tokens were sold through Binance’s token sale platform on Jan. 28 at a price of $0.00012 per token, according to sale information provided by the exchange.

Up nearly 40 percent today alone, BTT is now trading at a considerably higher price of $0.000798 – representing a 565 percent increase from its ICO price, Coinmarketcap data reveals.

The token sale came months after BitTorrent was acquired by Tron last summer, and weeks after a new cryptocurrency was announced that would be integrated with BitTorrent’s peer-to-peer file-sharing tech. That acquisition led to criticism and some staff exits, and the unveiling of the BitTorrent Token has drawn its share of critique as well.

🗞 Facebook Acquires Blockchain Startup in Apparent First

Social media network Facebook has reportedly acquired Chainspace in its first apparent blockchain-related acquisition, Cheddar reports on Feb. 4.

Sources purportedly told Cheddar that Facebook acquired Chainspace, a small blockchain startup, in an ‘acquihire,’ or an acquisition of a company made primarily for the skills or expertise of its staff, rather than the service or products the company provides.

🗞 The Crucible of Privacy: Why Decentralized Exchange Is the Only Way

Decentralization is a core principle of blockchain-based technology. It’s the most important and unique property of the many cryptocurrencies that have launched since the birth of Bitcoin. Decentralization facilitates a move away from centralized control and differentiates crypto from government-backed fiat currencies. It is the crucible of security and privacy. So why, if this concept is so important to the foundations of the crypto ecosystem, are the overwhelming majority of cryptocurrencies traded on centralized exchanges?

🗞 Kraken Acquires British Derivatives Platform Crypto Facilities

Cryptocurrency exchange Kraken has acquired Crypto Facilities, a British digital asset trading platform and index provider, in an undisclosed “nine-figure” deal. The acquisition means that Kraken will now be able to offer both spot and futures trading in bitcoin core, bitcoin cash, ripple, litecoin and ethereum while boosting revenue by attracting institutional customers.

"We are excited to introduce eligible clients to these industry leading futures and index products. Over the coming months, our teams will continue to enhance and expand these offerings. We’ve got great stuff in store for traders and institutional clients in 2019".

📑 Daily Crypto Calendar, February, 5th 💰

DEEX (DEEX)

On February 5, DEEX will launch nodes.

Murmur (MUR)

Get rewarded with 20EOS + 5000MUR tokens for stellar content and outstanding engagement, only on Murmur - your new microblogging platform.

Garuda Token (GAD)

25 Million Token Burn

XTRD (XTRD)

XTRD CTO, Serg Gulko, speaks at Futures of Crypto in NYC.

IoTeX (IOTX)

IoTeX News Digest YouTube Campaign EP28 from Sunday, February 3, 3AM PST — Wednesday, February 6, 3AM PST.

STEEM Trading Update by my friend Hive account@cryptopassion

Here is the chart of yesterday :

Here is the current chart :

We can see clearly today the confirmation of the fail that we had yesterday when we trail to break the resistance line. However we can see that we are trying to go in again in the direction of that line. We should test that line soon and let's hope we will be able to break it.

Last Updates