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📮04-02-2020

📈MarketCap:                  $263 B

📊24h Mcap %:                 -0.67%

⚠️Bitcoin Dom:                 64.5%

📌Active Coins:                2,422

📍24h Vol %:                 -15.91%

💲24h Vol:                     $71 B

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1. Buying $1 of Bitcoin Every Day Since 2015 Would Have Made You $22K Today

Managing Partner at Blocktown Capital James Todaro shared a captivating video clip, showing that if you’d invested $1 a day in bitcoin over the last five years, you’d have $22,263 worth of BTC today. Most people think that if you had DCA'd into bitcoin since the ATH in December 2017, you would be down in USD today (if you believe this, then you would be wrong). Investing $1 in bitcoin was still profitable even when it hit its record $20k in 2017. Read Full on Twitter

2. Bitcoin is Most Popular Among Merchants: Report

According to BitPay CMO Bill Zielke, the payment processor facilitated $1 billion worth of cryptocurrency transactions in 2019. Likewise, a Coinbase spokesperson said Coinbase Commerce processed $135 million worth of crypto payments for thousands of merchants in 2019. Which represents a 600 percent increase in the number of unique transactions via Coinbase Commerce since 2018. As per report, roughly $4 billion in bitcoin alone was sent through payment processors in 2019. Read Full on CoinDesk

3. Privacy on Ethereum: Aztec Protocol Launches on Mainnet

The Aztec privacy network has officially launched on the Ethereum blockchain. Using Zcash-based technology, it introduces confidential tokens where all amounts are cryptographically hidden. The network is currently in limited deployment as it only supports zkDai, a private version of Maker’s stablecoin. Other zero knowledge tokens are set to be released in the coming weeks. Aztec’s goal is to deliver its “Triptych of privacy,” which would completely hide a particular portion of the Ethereum blockchain. Read Full on Cointelegraph

4. Binance Futures Launching Perpetual Contract for Dash

One of the world’s largest cryptocurrency exchanges, Binance has added DASH to its Futures market. Binance Futures announced the launch of DASH/USDT perpetual contract today. The company stated that the DASH/USDT perpetual contracts will begin trading at 08:00 AM(UTC) on 4 February 2020 and users will be able to select the leverage they want ranging from a minimum of 1x up to a maximum of 50x. Read Full on binance

5. Bitmex CEO: Bitcoin Futures Trading Volume Exceeds $2 Trillion

The co-founder of leading crypto derivatives exchange, BitMEX, Arther Hayes has announced that a crucial milestone for the Bitcoin (BTC) futures market has been reached. Mr. Hayes revealed the trading volume figures of his exchange. As per him, the XBTUSD swap on BitMEX has just crossed 2 trillion dollars in total volume traded since it launched in 2016. With a daily turnover of close to 288K in Bitcoin Futures (XBT). Read Full on twitter

6. BitPay CEO: Platform Will Possibly Support Lightning Network

BitPay CEO Stephen Pair said that the platform would soon add support for more cryptocurrencies, along with a possible Lighting Network integration. Pair has noticed that customers are requesting different cryptocurrencies to be used for transactions noting: Our customers would prefer that we support all cryptocurrencies. Pair also mentioned that the Lighting Network is “high on our list for what we are considering adding to the platform.” Read Full on Cointelegraph

7. Indian State to Launch Dedicated Blockchain Incubator

Rama Devi, a senior official in the IT&C Department of the state government, said the new incubator would soon team with top educational institutions, such as IIIT-Hyderabad and the Indian School of Business in order to support new startups in the working blockchain space. She said, 12 use-cases wherein Blockchain technology can be used to solve some of the issues faced by citizens have been developed and in the coming days they are coming up multiple initiatives such as setting up incubator. Read Full on CoinDesk

8. US Marshals to Auction $37M in Confiscated Bitcoin

U.S. law enforcement officials will auction more than 4,000 confiscated Bitcoins (BTC) on February 18. The U.S. Marshals Service said, the authority is planning to sell “approximately” 4,040 Bitcoins, requiring a $200,000 deposit in order to take part in the auction. The USMS said it will return the deposits to non-winning bidders, promising to initiate the return of losing bid deposits within five business days after transferring bitcoins to the winning bidder. Read Full on Cointelegraph

9. XRP price spikes nearly 8% to $0.27 in minutes

Despite the rest of the market being in the red, a sudden burst in volume for XRP pushed its price up. The coin is now worth $0.27 pushed up from the $0.25 mark. After the initial pump, the price retraced a little towards $0.265, before rising back up. The rest are showing losses between 1-6%, with Tezos (XTZ) suffering the most. The price of Bitcoin (BTC) is down by 1.5% while Ethereum has fallen 0.76% in the last day. Read Full on Decrypt