[Weekly News] Elon Musk on cryptocurrencies, Bitcoin and capitalization, Stellar, ETH, EOS, TRX, BSV and BCH miners will be heavily lost after the upcoming halving

We have prepared a brief overview of the most important news for this week in cryptoworld.

You can watch current cryptocurrency prices – here

News 06.01. – 12.01.20

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Cryptocurrencies

• 3 million ETH is now blocked in DeFi applications

• Large pools cause centralization of Cardano

• Bitcoin has a market capitalization greater than the cash of 160 countries, including the UK

• The telegram warns investors in Gram that tokens may not bring any profit

• Stellar development foundation paid 98% of inflation rewards

• Mati Greenspan criticizes Stellar

• Elon Musk tweeted Bitcoin that this is not his “safe word”

• Ethereum, TRON and EOS reached a total of USD 23 billion in trading volumes in various dApps last year

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Mining

• BSV and BCH miners will be severely lost after the upcoming halving

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State digital currencies and stablecoins

• Central bank of China claims that the development of China’s state digital currency is on schedule

• Stablecoin BUSD from Binance has been approved by US authorities

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Crypto Exchanges and Banks

• Bitbox deletes all XRP pairs

• The third largest Spanish bank integrated blockchain using Hyperledger Fabric

• Kraken listed from January 8 stablecoin USDC

• Binance adds Thai bath and Australian dollar

• The oldest Thai bank is working on an application for cross-border payments with the help of Ripple

• The Binance Futures platform announced the addition of Litecoin

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Regulations

• Qatar has generally banned cryptocurrency trading

• The US regulator intends to focus on digital assets in 2020

• Challenge: McAfee urged members of the US Congress to put all their financial activities on the blockchain

• ECB wants its own cryptocurrency, but will not prevent the emergence of commercial Libra-like projects

• Stricter AMLD5 rules are in force in the EU

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Blockchain/Technology

• John McAfee backs away from his promise, claiming BTC is an outdated technology

• US state of Virginia is exploring the possibilities of blockchain for elections

• Help firefighters in Australia and show the world the power of Bitcoin

• Travelex is to pay $ 6 million ransom in BTC hackers

• TikTok wants to switch to blockchain for better security

• Last year, 2,351 new bitcoin ATMs were installed, leading the US

• Spanish Telefónica tests blockchain in 8,000 companies

• Virgil Griffith, arrested for ETH training in North Korea, released on bail

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Iraq may cause a new bull market on Bitcoin. Will Bitcoin replace part of fiat in Iraq?

Iraq could lose access to its critical government bank account if it fired US military forces from the country, warns the Trump administration, according to Iraqi officials. News came after an American air strike killed Iran’s top general, Qassim Soleimani, at Baghdad International Airport. Cryptoanalysts believe that this is positive for Bitcoin in terms of the possible use of Bitcoin as a reserve to protect itself from the situation.

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Cardano´s Decade

This is seen very positively in the new decade with Cardano (ADA) head of the project, Charles Hoskinson. He said during the traditional AMA on YouTube that the next decade will belong to Cardano, whose blockchain will become the market leader. He also stressed that Cardano is not an academic but a commercial project, which has certainly pleased investors. We summarized more here.