Day: January 28, 2021

Blog: Ambition can raise global data protection standards to benefit us all

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Amid a busy start to 2021, Data Protection Day provides an opportunity to step back and reflect on the continued lifting of data protection standards around the world. January 28 was selected by the Council of Europe for this annual awareness day in recognition of the date that Convention 108 was first opened for signature in 1981. The convention is a commitment to a set of baseline standards around data protection and privacy. And the convention’s value has grown as its reach has increased, with ever more countries committing to…

Altcoins To Watch: ADA/USD, ZIL/USD, LINK/USD

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There are three altcoins to watch this and next week, as I am expecting high volume injections during weekends, my top picks are ADA/USD, LINK/USD, ZIL/USD. The sell-off ahead of the FOMC meetings has stopped today after claims made by the Chairman Mr. Powell. Mr. Powell has stated that the date of the economic recovery still remains uncertain and strictly dependent on the virus spread and vaccination advances. The US Dollar gained significantly yesterday adding 0.53% to its value hitting the 90.880 benchmark. The US Dollar rally caused some cryptocurrencies…

Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report – News Bitcoin News

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The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode. Glassnode co-founder and CTO Rafael Schultze-Kraft tweeted that cash inflows into bitcoin (BTC), as estimated by the realized cap, reached $70 billion during the calendar month in review, equalling the whole BTC market cap value for September four years ago and early 2019. In 2017, bitcoin prices rose sharply within a space of just…

Cryptocurrency Market-Provides a fundamental analysis of the crypto market || Crypto Talkies

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency market is a Decentralized platform registered in the USA that is aimed at bringing total transparency to the blockchain industry, a platform that also provides users, traders, investors, and institutions with adequate information for a better-informed decision. Cryptocurrency Market is aimed at reducing the hassles of roaming on several platforms before retrieving specific information; the platform will concentrate on centralizing information on a decentralized platform which will in turn save both time and money. Website: Telegram: Author Bitcointalk Username: peterpanda Bitcointalk…

What’s behind its meteoric rally?

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ALPHA, the governance token of Alpha Finance Lab, has surged 152% in the past week. It is now the 85th most valuable cryptocurrency in the global market, breaking into the top 100 in a short period. Behind its meteoric rally are three key factors, namely the rapidly rising total value locked (TVL) of Alpha Homora, the overall positive market sentiment around DeFi, and the imminence of Alpha Homora v2. ALPHA/USDT 15-min price (Binance). Source: TradingView.com What is ALPHA, Alpha Homora and AlphaX? Alpha Homora is essentially a protocol that enables…

Bitcoin Addresses Holding 1k+ BTC Increases by 6% in 28 Days

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Quick take: The number of Bitcoin addresses holding 1k+ BTC has reached a new all-time high of 2,450 This is an increment of 140 Bitcoin addresses in 28 days or a 6% increment Accumulation of Bitcoin is ongoing and could hint of an expected price increment Bitcoin is still defending the $30k – $32k price area as support The number of Bitcoin addresses holding 1,000 BTC or more has hit a new all-time high of 2,450. This is according to an analysis done by the team at Bloqport who also…

SBI Holdings and SMFG to launch digital securities exchange in 2022

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Japanese finance giaSBI Holdings is building a digital stock exchange in collaboration with Sumitomo Mitsui Financial Group, or SMFG. According to a Jan. 28 Nikkei report, the new digital securities exchange is expected to be the first Japanese exchange trading digital stocks using blockchain technology. The companies are reportedly planning to roll out the exchange in Osaka in the spring of 2020, while the platform is expected to start handling digital securities in 2023. In order to launch the exchange, SBI and SMFG will set up an operator, the Osaka…

Grayscale prepares for DeFi future with new cryptocurrency trust filings

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The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after filings for several new trusts were filed in the Delaware corporate registry. New trust filings for Aave (AAVE), Polkadot (DOT) and Cosmos (ATOM) were filed on Jan. 27. On the same day, Grayscale also registered trusts for Cardano (ADA), as well as privacy coin, Monero (XMR). Grayscale has since stated that the filings are not indicative of a definite product launch for the five coins mentioned, merely…

RSK users won’t have to pay transaction fees with new integration

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Bitcoin’s smart-contract-enabled sidechain RSK is introducing the concept of meta-transactions, which allow third parties to pay for a user’s transaction fees. Announced on Thursday, the “RIF Enveloping” solution enables wallet providers to pay for their users’ transactions. Paying transaction fees is currently a major bottleneck in the adoption of smart contract platforms. Users wishing to trade tokens must always have some units of the blockchain’s native currency — for example, Ether (ETH) for Ethereum and Smart Bitcoin (RBTC) for RSK. RIF Enveloping introduces meta-transactions to enable greater flexibility for decentralized…

Calls for Bitcoin Breakdown Grows amid Global De-Risking Sentiment

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A breakdown below the Descending Triangle support can technically send Bitcoin towards $20,000. Source: BTCUSD on TradingView.com A breakdown below the Descending Triangle support can technically send Bitcoin towards $20,000. Source: BTCUSD on TradingView.com Short-term fundamentals favored bears. Bitcoin’s rebound from $30,000 came when the US stock market logged its worst one-day performance since October. The benchmark S&P 500 and the tech-savvy Nasdaq Composite each fell 2.6 percent on Tuesday. Meanwhile, their futures on Wednesday signaled additional losses when the New York session opens. Gold was equally bearish in the…