Crypto News of the Day (17.2.) | Novogratz: This year will be big for Bitcoin • Tron has bought Steemit, a cryptoblog platform • and more
4 min readTable of Contents
Here you can find an overview of the most important events that took place during the last day in the cryptoworld.
Markets
The weekend was very turbulent and there were several sharp twists. For more information, see our market overviews. Currently Bitcoin is just above $ 9,650 and is falling. Altcoins are also generally falling sharply, crypto markets overall since yesterday has not stopped the fall and bleeding further. Some of the top 10 altcoins (BCH, BSV, EOS, ADA) have already lost more than 10% in the last 24 hours.
You can monitor the current cryptocurrency prices – here.
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Cryptocurrency
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Crypto exchanges, Banks
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Regulations, State cryptocurrency
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Tron bought Steemit, a cryptoblog platform
The once very popular social media center for anarchists, libertarians, and crypto enthusiasts generally moves operations to the Tron network: “Steemit Inc., the largest decentralized blockchain-based social media and blog platform, has announced a strategic partnership with the TRON Foundation.” “TRON and Steemit development teams will immediately begin working together to bring Steemit and other DApps based on Steem blockchain have brought to TRON blockchain with more than 20 million users, products and services to and its communities. ”
How does this historic sale of Steemit work? This morning’s AMA between myself, @realNedScott , and @justinsuntron of @Tronfoundation https://t.co/z9CiDgehD9
— Ned Scott (@realNedScott) February 16, 2020
IOTA announced a successful bug fix that allowed the Trinity Wallet to be hacked
IOTA developers say they have successfully patched a bug that was responsible for the recent Trinity Wallet hack, which reportedly led to a loss of $ 1.6 million. Altcoin has still not recovered from the impact of hacking and network outages, and the price of the token has fallen by 11 percent over the past 24 hours. If you have Trinity Wallet installed on your computer, we strongly recommend upgrading to a new version once it is released.
Novogratz: This year will be big for Bitcoin
In a recent CNBC interview, well-known analyst Mike Novogratz noted that Bitcoin could reach a new all-time high in 2020. The previous ATH for the BTC is “only” $ 20,000, which the world number one in cryptocurrency reached at the end of 2017. Novogratz believes that in about ten months Bitcoin will reach even higher amounts.
Justin Sun: Warren Buffet sees the future in the blockchain
Justin Sun claims that the legendary billionaire investor is actually bullish in terms of blockchain. In a recent tweet, Buffett confirmed his belief that blockchain technology has a long-term future. ” He believes blockchain technology will have a disruptive effect on the future of payment.”
Despite Buffett’s apparent high praise for the blockchain, he still isn’t interested in cryptocurrencies to invest in them. In fact, Buffett is still skeptical about Bitcoin and other cryptocurrencies – and that won’t change, no matter how convincing Sun talked about during the meeting.
Mr. Buffett said #Blockchain has its value, there are a lot of incredible companies in the payment market and it has huge demands. He believes blockchain technology will have a disruptive effect on the future of payment.
— TRON Foundation (@Tronfoundation) February 17, 2020
More details?https://t.co/Uo5O1A1DmU
Binance applied for a license in Singapore under the new rules
Changpeng Zhao, CEO of Binance, confirmed that his company applied for an operating license in Singapore. The Asian country has introduced comprehensive regulation for businesses dealing with digital assets. Zhao said local regulators were open and outlined a quick response and cooperation.
Russian central bank has completed testing of a pilot project of blockchain tokens
According to local reports, the Russian central bank has completed a pilot project for the issue and distribution of “digital assets”. This allows you to digitize goods, services, securities and other assets. With this platform, every organization can issue digital tokens. This will allegedly expand business opportunities in attracting capital, while creating new appropriate investment instruments for consumers.
