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Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ

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Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ
Cointelegraph
 Published Few hours ago
Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ 
Hedge Trade (HEDG) is the top performer of the past seven days with a rise of about 13%. This is the third consecutive week that Dash (DASH) has been a top performer with a gain of about 10% in the past seven days. Bitcoin SV (BSV) has again found a place among the top performers. Ethereum Classic (ETC) rallied roughly 4% in the past seven days. Tezos (XTZ) has found a place among the top performers with a gain of about 4% in the past seven days. Read Full on Cointelegraph

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BitMEX to Launch XRP-USD Swap
bitmex
 Published Today
BitMEX to Launch XRP-USD Swap 
BitMEX is set to launch the XRP-US Dollar (XRP/USD) quanto swap. The quanto swap derivative allows traders to speculate on the price of XRP/USD without having to deposit US dollars. While the price of XRP will be tracked using USD, a third foreign currency will be used to settle the contract at a particular interest rate. The exchange has announced that the new derivative will be launched on February 5, 2020. BitMEX says it’s scrapping its UP and DOWN contracts for XRP, which give traders a way to bet on the potential upside and downside of the third-largest cryptocurrency. leading-cryptocurrency-derivatives-exchange-launching-xrp-swaps Read Full on bitmex

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Indian Prime Minister Modi Awards Cryptocurrency App Creator
cointelegraph
 Published Today
Indian Prime Minister Modi Awards Cryptocurrency App Creator 
India’s Prime Minister Narendra Modi awarded young entrepreneur Harshita Arora, the developer of a cryptocurrency price tracking application. Modi said that Arora’s “passion towards science, technology and human welfare are clearly visible.” She received the Bal Shakti Puraskar 2020: an award recognizing youth’s contributions in the fields of social service, innovation, bravery, sports, art and culture and scholastics. According to Modi’s tweet. Her app, Crypto Price Tracker, is a portfolio management and price tracking app. Read Full on cointelegraph

indiacryptoblockchain
WEF Launches Global Consortium for Crypto Governance
CoinDesk
 Published Today
WEF Launches Global Consortium for Crypto Governance 
The World Economic Forum has created an international consortium to design a governance framework for cryptocurrencies, including stablecoins.The consortium seeks to bring together financial institutions, government representatives, developers and other members of the global community to determine what sort of governance around cryptocurrencies can best further the goal of financial inclusion. Digital currencies are "a key area of interest for the Forum," said WEF Founder and Chairman Klaus Schwab. Read Full on CoinDesk

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Binance Helping Coronavirus Victims With $1.5m USD Donation
Twitter
 Published Today
Binance Helping Coronavirus Victims With $1.5m USD Donation 
Malta-based crypto exchange Binance‘s CEO Changpeng Zhao[CZ] announced that the exchange pledged “10m RMB ($1.5m USD) to help coronavirus victims.” With this move, Binance becomes the first in the crypto space to have lent a helping hand to the victims of the deadly coronavirus. Noting that Binance was now working on the logistics of the move, Zhao stated that there was no use of crypto assets in the move and that it was not realistic to do crypto to end beneficiaries. Read Full on Twitter

binancechina
Bakkt's consumer app is coming in 2020
The Block
 Published Today
Bakkt's consumer app is coming in 2020 
Bakkt’s consumer app is set to roll out in 2020. Bakkt president Adam White shared some details of its product. So far, it has been revealed that the Bakkt consumer app will support tokenized loyalty rewards programs, equity trading, crypto asset trading, and a portal for merchants to accept crypto. Essentially, unlike popular exchange Coinbase which mostly just offers the ability to buy, sell, and accept crypto, th

e Bakkt consumer app aims to be a comprehensive app for all sorts of blockchain-based fintech. Read Full on The Block

bakktbitcoincrypto
Report: Cardano (ADA) was the Busiest Project in 2019
santiment
 Published Today
Report: Cardano (ADA) was the Busiest Project in 2019 
Blockchain platform Cardano topped the list as the busiest 2019 crypto project in a report in terms of technical development. The report was compiled after analyzing over 1000 cryptocurrencies within the 12 months. The report attributed the growing developments of Cardano ecosystem which was cemented with the launch of the much-awaited Cardano incentivized Shelley testnet in December. Ethereum was narrowly behind with the report highlighting the major effort that developers have put towards achieving the impending Ethereum 2.0 upgrade. Read Full on santiment

cardanoadablockchain
Ripple to Expand its On-Demand Liquidity in 2020
The Daily Hodl
 Published Today
Ripple to Expand its On-Demand Liquidity in 2020 
Ripple says it’s launching its XRP-based cross-border payments product around the world in 2020. In its latest XRP Markets Report, the real-time gross settlement company says it will add more corridors throughout the year for its On-Demand Liquidity (ODL) in Asia-Pacific, Europe, Middle East, Africa, Latin America. The XRP liquidity solution launched in late 2018. Throughout 2019, ODL volume rose by 550% with the number of transactions surging nearly 300% in the last quarter. Read Full on The Daily Hodl

ripplexrpblockchain
Nasdaq exploring bitcoin futures product
The Block
 Published 1 Day ago
Nasdaq exploring bitcoin futures product 
According to chief executive officer of Nasdaq, Adena Friedman the firm is currently exploring the launch of a bitcoin future with an unnamed partner. First, the firm wants to ensure it can bring to market a product that is differentiated from the competition. Second, it wants to ensure it has the proper risk-management foundation in place for a future tied to the cryptocurrency. As for the cryptocurrency market as a whole, Friedman says the exchange's view is that "digital currencies and cryptocurrencies will have a role in the global economy." Read Full on The Block

nasdaqcryptoblockchain
Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development
Cointelegraph
 Published 1 Day ago
Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development 
Charlie Lee proposed mining pool donations as a new funding method for cryptocurrency development. Lee said in a tweet, "I think a better way to fund development is mining pools voluntarily donate a portion of the block reward.” He explained, at current LTC price, 1% of block rewards is about 7x Litecoin Foundation's yearly expenses. Even if a small percent of miners are generous enough to donate, the foundation would be able to put it to good use by funding developers to work on Litecoin Core, Mimble Wimble, LiteWallet, LN wallet. Read Full on Cointelegraph

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