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Changpeng Zhao shared four factors for the effective expansion of crypto exchanges

Changpeng-Zhao-shared-four-factors Changpeng Zhao | Binance CEO

Binance CEO Changpeng Zhao shared his secrets of success and identified four factors for the effective expansion of cryptocurrency exchanges around the world.

In an interview, Changpeng Zhao emphasized the need for "global thinking." There are many cryptocurrency platforms claiming to be international platforms. However, if we study their activities in more detail, it turns out that they are focused on one specific region, where most of the team is located. 

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Peter Brandt: XRP is a manipulated fraudulent scam

Peter-Brandt-XRP-is-a-scam Peter Brandt | an analyst and experienced trader

Peter Brandt, an analyst and experienced trader, said that Ripple's XRP cryptocurrency is a fraudulent scam, with the price of coins being constantly manipulated.

On the social network Twitter, Brandt wrote that over time, the fourth cryptocurrency capitalization rate will drop to almost zero, and in general it is a fraudulent scam. He stated that XRP fans only need to wait a bit. 

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Bloomberg analyst: Bitcoin could reach $ 20,000 this year

Bloomberg-analyst-Mike-McGlone Mike McGlone | Bloomberg analyst

Bloomberg analyst Mike McGlone believes that Bitcoin has every chance of reaching $ 20,000 this year and updating its all-time high.

In his article, McGlone writes that technical and fundamental factors increasingly indicate a positive development for Bitcoin. So, Bitcoin is becoming an increasingly popular investment tool, the number of open positions in futures continues to grow. The attitude towards cryptocurrencies among institutional investors is changing.

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CoinMetrics notes a high correlation between the price of gold and Bitcoin

ICO-NEWS-btc-gold CoinMetrics claims that the correlation between the price movement of gold and bitcoin is quite high.

CoinMetrics notes a high correlation between the price of gold and Bitcoin in recent months. At the same time, according to VanEck, the correlation between assets has increased since March. Correlation is a statistical relationship between two or more random variables. In its latest report, the analytical company CoinMetrics claims that the correlation between the price movement of gold and bitcoin is quite high, and this trend has been maintained over the past few months.

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TAIYANG ZHANG: RENVM IS A BRIDGE SERVING BTC, BCH, and ZEC

ICO-NEWS-RENVM-IS-A-BRIDGE Taiyang Zhang | CEO and co-founder of Ren

Right after Ethereum co-founder Vitaliy Buterin stated that stablecoins can transfer value between blockchains, we see the RenVM project announcing its core product on 27/05/2020. Now it is the only DeFi project brought up to bring cross-chain assets to the Ethereum ecosystem. First coins to be served that way are the following: BTC, BCH, and ZEC.

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FACEBOOK RENAMED THE CALIBRA WALLET TO NOVI

ICO-NEWS-Facebook-Calibra Facebook renamed the Calibra wallet to Novi

The Facebook Libra wallet was renamed to Novi and placed under the management of Facebook's subsidiary, Novi Financial. In a statement, Novi Financial reported that the name Novi was coined as a merger of the Latin words "Novus" ("new") and "VIA" ("path"), and the visual design of the logo should show the natural movement of digital currencies. Like the previous developer of the Calibra wallet, Novi Financial declares its independence from the parent company.

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VITALIK BUTERIN: "STABLECOINS CAN TRANSFER ASSETS BETWEEN BLOCKCHAINS"

VITALIK-BUTERI-STABLECOINS Vitalik Buterin | Ethereum co-founder

According to Ethereum co-founder Vitalik Buterin, stablecoins do not use one of the important features that allows transferring assets between blockchains. In a long discussion on Twitter, Buterin said that using this feature would increase compatibility and data exchange between different networks.

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SHOPIFY STARTED WORKING WITH COINPAYMENTS

ICO-NEWS-Shopify-CoinPayment SHOPIFY STARTED WORKING WITH COINPAYMENTS

E-Commerce platform Shopify from Canada has started working with CoinPayments. Now it will surely allow businesses accept payments using the platform (in cryptocurrencies). According to Shopify, which serves more than a million businesses in 175 countries, the partnership with CoinPayments will allow merchants of the platform to receive payment in cryptocurrencies. Last year, Shopify tested the CoinPayments solution before deploying it on the platform. Under the terms of the partnership, companies will be able to receive payments in any of the 1800 cryptocurrencies supported by CoinPayments. 

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Pavel Durov: Unfortunately, a US court stopped TON from happening

Pavel Durov: Unfortunately, a US court stopped TON from happening Pavel Durov: Unfortunately, a US court stopped TON from happening

Pavel Durov informed subscribers of his Telegram channel about the completion of work on the TON project. The team's engineers have been developing the revolutionary platform for two and a half years. The developers created a decentralized system in the spirit of Bitcoin and Ethereum with greater speed and scalability.

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Ripple is a part of ISO 20022 standardization body

ICO-NEWS-ISO-20022 Ripple is a part of ISO 20022 standardization body

Ripple has joined the ISO 20022 standardization body. Ripple is about to develop standards for data exchange and payments between global financial institutions. ISO 20022 mainly includes major international commercial banks, Central banks, and major payment companies such as SWIFT and Visa. The Ripple company became the first representative of the blockchain industry in ISO 20022.

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The Swiss Association stated the General crypto-storage standarts

The Swiss Association The Swiss Association stated the General crypto-storage standarts

Swiss Association of markets and technologies (CMTA) established standards for companies that provide services for storing and disposing of the client's property based on his written order for digital assets.

CMTA's General Secretary Fedor Poskriakov, said that the document was the first step of the Swiss financial industry towards defining common standards for storing and managing digital assets.

"This will greatly contribute to the emergence of fully digital capital market infrastructures, including integrated custody and secondary trading venues. The benefits of the digitalization of the financial industry are such that the evolution towards decentralized infrastructures​ seems i​nevitable."our quote here...

Fedor Poskriakov
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Paolo Arduino: "bridges between blockchains will make USDT transactions cheaper"

Paolo Arduino Paolo Arduino | Technical Director of the Bitfinex

Paolo Arduino, technical Director of the Bitfinex exchange, believes that bridges between different blockchains will make transactions with usdt stablecoins cheaper. Arduino facilitated the pTokens development team that launched the bridge between the EOS and Omni blockchains. In the future, such bridges for interaction between different blockchains will reduce the load on the network and help reduce transaction fees.

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LG is testing a digital payment platform based on AI and blockchain

LG is testing a digital payment platform based on AI and blockchain LG is testing a digital payment platform based on AI and blockchain

LG's IT division is testing face recognition technology based on artificial intelligence and blockchain for making payments in crypto assets. LG CNS has launched testing of a new facial recognition service for its employees. The platform includes AI, blockchain, and cloud technologies. After identifying an employee, the system allows you to automatically pay for services and products in a corporate restaurant with a digital currency based on the blockchain.

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Cardano, Tezos, Cosmos and Fantom are the most technological cryptocurrencies named by Weiss Ratings

the-most-technological-cryptocurrencies-named-by-Weiss-Ratings_20200424-152000_1 Most technological cryptocurrencies

Weiss Crypto Ratings Agency in the new rating of cryptocurrency projects has put the highest rating on the technology of four blockchains: Cardano, Tezos, Cosmos and Fantom. Interestingly, of the four named coins, three have risen in price by more than 10% over the past day. And only the Fantom coin added only 5%. The growth of alternative cryptocurrencies was also helped by the growth of bitcoin, which added more than 6% yesterday.

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Kraken study: by 2044, an influx of investments will bring Bitcoin to $ 350,000

influx-of-investments-will-bring-Bitcoin-to--350000 Kraken study: by 2044, an influx of investments will bring Bitcoin to $ 350,000

Researchers at the Kraken cryptocurrency exchange believe that part of the inheritance received by the millennials and generation X will be invested in Bitcoin and this will bring its rate to $ 350,000 by 2044.

In the report "Inheriting USDs & Acquiring BTCs: How 'The Great Wealth Transfer' Will Fuel 'The Great Bitcoin Adoption,'" analysts note that at the moment, young representatives of wealthy families in America alone can inherit about $ 70 trillion. If they allocate at least 5% of the inheritance received, then more than $ 971 billion will be invested in Bitcoin.

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Vitalik Buterin proposed creating a “real” DEX for exchanging ETH for BTC

Vitalik-Buterin-proposed-creating-a-real-DEX Vitalik Buterin | Ethereum co-founder

Ethereum co-founder Vitalik Buterin called for the development of a "right" decentralized exchange for exchanging Ethereum for Bitcoin and gateways for other cryptocurrencies.

In his opinion, the fact that the two largest cryptocurrency ecosystems do not have a direct way to exchange their coins is quite "discouraging".

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Mike Novogratz: 2020 will be the year of Bitcoin

Mike-Novogratz-2020--the-year-of-Bitcoin Mike Novogratz | CEO of Galaxy Digital

Galaxy Digital CEO Mike Novogratz believes that the emergence of Bitcoin is caused by the financial crisis, and due to new financial turmoil, 2020 will be the year of Bitcoin.

The coronavirus pandemic and the resulting collapse of financial markets suggest that this year the world will experience an even more serious financial crisis than in 2008. Since the emergence of Bitcoin was associated with the collapse of the global economy in 2008, Galaxy Digital founder Mike Novogratz believes this year could be a watershed year for Bitcoin.

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Tim Draper: It's time to invest in Indian cryptocurrency startups

Tim-Draper--time-to-invest-in-Indian-startups Tim Draper | Venture investor and cryptocurrency enthusiast

Tim Draper, a venture investor and cryptocurrency enthusiast, believes that startups working with digital currencies in India are waiting for a "renaissance" and now is a great time to invest in them.

"A renaissance for India. Now crypto is legal," he wrote on the social network Twitter.

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