📮 24-09-2019
📈 MarketCap: $257 B
📊 24h Mcap %: -3.35%
⚠️ Bitcoin Dom: 67.8%
Active Coins: 2,538
24h Vol %: 23.8%
24h Vol: $55 B
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“Our clients are ready to work with” Facebook on Libra, said Technology behemoth IBM’s general manager of blockchain services Jason Kelley. Nevertheless, he did distance himself from cryptocurrencies, focusing on tokenization instead, which allows digitizing any asset, including fiat currencies or stocks. He said: “We talk about Libra and people say it’s just another crypto. Set crypto aside and talk about tokenization, because that’s what we’re talking about.”
Swiss stock exchange SIX has launched a pilot version of its exchange and central securities depository (CSD) for digital assets. The platform as it stands is aimed to “showcase the future of financial markets,” SDX further said it intends to show that a distributed ledger technology (DLT)-based CSD can “be integrated with a central order-book stock exchange model to ensure fair market conditions for all.” Early functionality of the platform for “test cases” will cover issuance of digital security tokens, live trading and instant settlement.
The EOS network performed its first hard fork today. The EOS update tracking tool maintained by the chain’s block producer, EOSNation, reports that EOS block producers (BP) signaled their intent to implement the update on the EOS Mainnet. This is the largest upgrade that the network has seen so far, and the first one that required a hard fork. The upgrades and proposals will increase the output of EOS, and make it suitable to launch EOS Voice, one of the much-awaited projects backed by Block.One.
A meeting took place recently between crypto investment powerhouse Andreesen Horowitz and officials from US government agencies. Marc Andreessen compared the beginning of crypto with that of the internet, pointing out the similarities in how they have grown over the years. The Netscape co-founder said, “The evolution of the internet over time has so many echoes and comparisons to what we’re seeing, what I’m seeing, with cryptocurrency and blockchain.”
RippletNet, the global payment network that is run by crypto behemoth Ripple, has onboarded yet another major commercial bank in the Gulf Region. According to Entrepreneur Middle East, a Dubai-based business magazine, the National Bank of Fujairah (NBF) now uses the benefits of Ripple’s Blockchain technology for conducting cross-border payments. Furthermore, the NBF claims that it is currently working with other banks to implement Ripple in 2019.
Following news of leading cryptocurrency exchange Binance opening up trading for Tezos (XTZ), the coin experienced an 11 percent jump. The exchange will support three trading pairs: XTZ-BTC, XTZ-USDT, and XTZ-BNB. (Bitcoin, Tether, and the company’s native BNB are Binance’s three most important trading pairs.) And it seems that the news is already bringing Tezos good fortune: the token’s price jumped more than 5 percent in the last 24 hours.
Intercontinental Exchange’s Bakkt platform has traded 71 Bitcoin futures contracts in the first 24 hours following its launch. The lukewarm reception to the Bakkt launch is likely due to the fact that the currency’s price has been range-bound recently, so institutional traders are in no hurry to initiate positions. Fundstrat Global Advisors’ Thomas Lee wrote, “I am very positive on Bakkt and its ability to improve trust with institutions to crypto.”
Speaking at the Sibos 2019 conference which took place in London on September 23-26th, the Chairman of SWIFT, Yawar Shah, made quite an endorsement for cryptocurrencies. He also mentioned Libra, the project of social media mogul Facebook. He believe that they are driving an “extraordinary” change in the financial industry. He said The Financial industry is undergoing an extraordinary change because of new entrants like Facebook’s Libra and the emergence of technologies like cryptoassets.
Cryptocurrency adoption continues to expand in France. Several partner companies from the digital payment sector have planned to altogether equip 25,000 stores to begin accepting Bitcoin. East2PlayPayment and EasyWallet are announcing a new partnership with Global POS to expand Bitcoin adoption to over 25,000 locations. This means that Bitcoin will be available at some 30 franchises in France including big names like Foot Locker, Decathlon, Conforama, Sephora, and Intersport.
Arthur Hayes, the CEO of BitMEX, said that Satoshi Nakamoto, the creator of bitcoin, is likely dead, adding that he does not believe the identity behind the creator of bitcoin will ever be revealed. If the intent of Satoshi was to never spend the coins in the wallet that contains billions of dollars in bitcoin and maintain the identity behind the moniker private, it would be in the interest of both bitcoin and investors in the asset class that the identity of Satoshi remains private.