Crypto Market Largely In Green, Next Bull Run Incoming?
At the time of this writing, crypto market is showing positive growth with most coins in the top 100 showing price improvement. Bitcoin is currently changing hands around at $9425, Ethereum at $189 and Ripple at $0.25. The biggest beneficiary is Icon (ICX) up 26% to trade at $0.32 followed by Bytom (BTM) which is up over 11% to reach prices of $0.10. Many analysts are signalling that this might be the start of new bull market.
NOW Token (NOW) Posts Growth Of 641% Over The Last Week
Now Token (NOW) – Coinmarketcap rank 918 rose by over 641% to reach the price of $0.01. The Change Now cryptocurrency exchange’s native token has a total supply of 199,909,833 tokens while 82,620,304 tokens are currently in circulation. The token is only traded on IDEX – a decentralized Ethereum asset exchange and Binance DEX. The services offered by the platform are instant swaps while being non-custodial in nature, payment APIs, access to the blockchain nodes and telegram exchange bot. The usage of the native token better rates, accelerated support, payment for token listing and better affiliate listing terms etc.
DeFi Pulse – Total Value Locked Hits All Time High at 927M
This week saw decentralized finance total value locked increase by 138M from last week to reach all time high of 927M. Throughout the week, the climb was steady and consistent gains. Maker – the leading DeFi product’s dominance is at 58% and locked value in this lending category protocol has surpassed 538M. The rise can be attributed to massively improving Ethereum prices, which account for most of value locked in DeFi products. Ethereum is currently trading at 190$ and gaining further ground, up 12.6% from last week’s price of $166.
Bitfinex Exchange Announces Migration Of Its Bitcoin Cold Storage To Another Address
Official twitter handle announced that Bitfinex will transfer a part of Bitcoins to another cold storage address as part of its address rotation policy and that all funds are safe.
🛡️In the next hours Bitfinex will migrate part of its BTC cold storage towards the address: bc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97 as part of its address rotating policy.
All funds are safe.— Bitfinex (@bitfinex) February 2, 2020
Binance Futures Announces Launch Of Monero Perpetual Contract
In today’s press release, Binance announced launch of Monero Futures (against Tether USDT) perpetual contract with up-to 75x leverage. Binance Chief Changpeng Zhao tweeted that they are providing liquidity for privacy, with this new launch.
Coinbase Custody Launches Internationally
Coinbase custody launched internationally on 30 Jan. The new venture based in Dublin, Ireland will offer crypto asset storage and staking services, which were offered by Coinbase before. It aims to meet the needs of institutional investors by offering the broadest digital assets custodian services.
Blockchain.com Now Offers For Turkish Lira
Blockchain.com announced on 29 Jan that it has partnered with local banks to offer support for Turkish Lira FIAT on its exchange.
🇹🇷 Turkish traders! We’ve partnered with local banks to add full support for Turkish lira (TRY) on the Exchange so you can convert your TRY into crypto faster than ever. Sign up or log in to access the true global #crypto market now ⇾ https://t.co/QkwyakqZ1p pic.twitter.com/rxm7wY1h19— Blockchain.com (@blockchain) January 29, 2020
TRONSCAN introduces multi signature feature
The leading block explorer for the Tron Network – TRONSCAN announced today that they are introducing the multi signature feature to allow multiple users to jointly control an account with customized accesses.
Matter Labs Releases Alpha Version Of Zinc Framework
Matter Labs released the Alpha version of its Zinc framework on Jan 31, the service aims to create a scaling and privacy engine for Ethereum on zero knowledge proofs (ZKPs).
Excited to announce the long-awaited alpha release of Zinc framework — a programming language and execution environment for easy creation of safe zero-knowledge proof circuits (programs to run on ZKPs).https://t.co/ZCqwSLDY5P— Matter Labs (@the_matter_labs) January 31, 2020