December 1, 2020

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Crypto News of the Day (17.1.)| TRON back in the top 10 • Gemini launches an insurance company named Nakamoto • and other news

3 min read
crypto news 17.1. sexy office women

Here you can find an overview of the most important crypto events in the last 24 hours.

Markets

After a shorter pause yesterday Bitcoin returns to growth and attacks again strong resistance for $ 9,000. This resistance will be critical. The current price at the time of writing is $ 8,920. Altcoins are also growing, so markets are in green numbers.

You can monitor the current cryptocurrency prices – here.

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Cryptocurrencies

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Regulations

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Crypto exchanges / Banks

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36% of US small and medium-sized businesses accept crypto-currency payments

A recent survey showed that about 36 percent of US-based SMEs now accept cryptocurrencies as a means of paying for goods and services. This survey, conducted by US insurance company HSB, also indicated that newer companies are twice as likely to accept crypto payments and trade in digital currencies. In addition, the study showed that while one-third of small and medium-sized enterprises are favorable to cryptocurrencies, 59 percent of these companies bought digital currencies for their own use.

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Fortune: Ripple in the Top 25 Best Workplaces for 2020

Ripple has appeared on the list of the best small and medium-sized workplaces in the San Francisco Bay Area, compiled by the prestigious Fortune magazine. CEO Ripple Brad Garlinghouse says he is “honored” to be part of the company’s incredibly talented team.

crypto ripple 17.1.

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TRON back in the top 10 after Justin Sun announced the new stable coin


Justin Sun recently announced on his Twitter account the upcoming release of decentralized stable coin, linked to TRX and BTT. He asked the community for the best name. In the end, something that many investors in Tron were looking forward to became – TRX is now in the top ten on CoinMarketCap. The coins also show a price increase of 7 percent.

crypto tweet trx

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IMF: cryptocurrencies in focus in 2020

Director of the International Monetary Fund, economist Kristalina Georgieva, presents the main priorities of the organization for the New Year. Georgieva says that in order to stimulate a healthy global economy in its 189 member countries, they will have to start “keeping up with the factual developments in the fintech, including digital currencies”.

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Gemini launches an insurance company under the name Nakamoto

Crypto-exchange Gemini launched an insurance company called Nakamoto. According to the announcement published on Thursday, Nakamoto is licensed by the Bermuda Monetary Authority. Nakamoto will provide Gemini customers with coverage of $ 200 million for assets held in offline or “cold” wallets. Gemini said it was the “largest” insurance coverage limit currently available to any cryptoexchange in the world. Coinbase offers insurance coverage of $ 255 million, but this is for assets held in online or “hot” wallets.

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