Top Crypto News
Tron’s got a secret, Ripple has a competitor, New York has a new crypto bill, staking got high, and Bitcoin is doing what Bitcoin always does.
Tron to Launch Secret Project
Justin Sun announced on Twitter that Tron will launch a secret project. There’s a lot of speculation about what this project might be. He’s definitely got the blogosphere talking, and even secured an endorsement from YouTube’s PewDiePie. — CRYPTOPOLITAN
What do you think this secret launch will be? Hit reply and let me know.
Image from Crypto News Flash.
Thai Company to Compete with Ripple
A Thailand-based company called Lightnet has entered the market to compete with Ripple and has raised $31.2 million in a Series A round. Meanwhile, Ripple CEO Brad Garlinghouse predicts 2020 will be the year of acquisitions. In truth, the acquisitions have already started as Visa has picked up Plaid and PayPal snagged Honey. — ETHEREUM WORLD NEWS
Image from Cryptopolitan.
New York Considers Digital Currency Bill
A Cornell law professor has partnered with two New York legislators to write a digital currency bill that is now being considered by the state legislature. Professor Robert Hockett wrote a white paper detailing his plan for the Empire State Inclusive Value Ledger. The bill was introduced in October by New York Senator Julia Salazar and New York State Assemblyman Ron Kim. — LEDGER INSIGHTS
Crypto Staking Value Hits New High
Staking platform data aggregator Staking Rewards claims the amount of staked crypto in dollars is $6.961 billion, the highest it’s ever been. Seven of the top 10 coins have more than $100 million staked. Crypto Differ shows the same amount of staked rewards minus Tron, which has 22 percent of the total staked on its own. — COINGAPE
Image from Telegram/CryptoDiffer.
Bitcoin Makes Biggest Weekly Gain Since October
Bitcoin flew 11.2 percent last week. That’s the biggest weekly gain since October, according to CoinDesk’s Bitcoin Price Index. In the third week of October 2019, BTC rose 16 percent. Meanwhile, the Bitcoin network consists of 21 quadrillion unique satoshis. — COINDESK
Image from CoinDesk.
Today’s Bitcoin Chart
Top Crypto Reads
Exchange tokens, altseason, and Naomi Brockwell. Oh yeah!
How Crypto Exchange Tokens Performed in 2019
In 2019, several exchanges launched their own tokens: Binance, OKEx, Huobi, KuCoin, and CoinEx. OKEx’s token, OKB, was the best performer as it climbed 317.9 percent. HT from Huobi saw a 170.8 percent lift while Binance’s BNB rose 121.4 percent. KuCoin’s token went up a measly 73.9 percent. — CRYPTOGLOBE
Image from CryptoGlobe.
Crypto Trader Host Says It’s Altseason
As all crypto investors know, the major altcoins— Ethereum, EOS, and Litecoin—tend to follow Bitcoin. Up or down, they follow the leader. But altcoins recently have not followed that trend as Bitcoin saw it’s last rise. Crypto Trader host Ran NeuNer, however, says altseason is here. Even though the altcoins are up recently, another trader says it’s not altseason yet. Meanwhile, one analyst is asking if Litecoin whales are holding too much? — CCN
Image from CCN.
Privacy Coins and Government Bans
Naomi Brockwell interviews Zcoin COO Reuben Yap about crypto privacy. They discuss Dandelion and Gossip, FATF travel, and government bans on privacy coins. — YOUTUBE/NAOMI BROCKWELL
Allen Taylor is a veteran award-winning journalist and former newspaper editor. He is a freelance writer focused on fintech, including blockchain and crypto projects, and manages crypto blogs through CryptoBloggers. Follow me on Twitter and Steemit.