Ethereum Bitcoin bridge
CoinMarketCap Daily Newsletter Do it “A life
spent making mistakes is not only more honorable, but also more useful than a
life spent doing nothing.” – George Bernard Shaw Today's newsletter is
sponsored by: Happy Wednesday, CoinMarketCap fam! Keep up the good work,
wherever you are, whatever you're doing!
Today in history (1860), Abraham
Lincoln was appointed as the 16th President of the United States.
In today's newsletter, we will be covering Ethereum (ETH) developers
using the Lightning payments network to build bridges into
the Bitcoin (BTC) ecosystem, President Erdogan expecting Turkey to
finish testing digital lira in 2020 and Coca Cola using blockchain
for $21-billion-per-year network. Today, we also have a special
announcement from a sponsor, Titan. So be sure to check that out too! Please
do not forget to answer the polls down below too! It's a great way to interact
with you and hear what you have to say.
Happy reading! 
Over the past 24
hours, total market capitalization rose slightly from ~$251 billion to
~$253.7 billion, with most coins seeing gains in the ~1-3% range. 24-hour volume
registered ~$90 billion. Notable mover of the day is VeChain (VET) and Algorand
(ALGO), both up ~13.8% and ~17.8% for the day. BTC is currently trading
at ~$9,390, up ~0.8% over yesterday. On the daily chart, BTC is still holding
above its 21-, 50- and 100-day EMA support lines, and RSI is at ~58 (been in
that region over the past week), indicative of moderate bullish momentum. BTC's
21-day EMA line has also crossed to the upside of its 50-day EMA line. BTC
continues to be trading within its lower highs and lower lows
trading pattern it has been trading within since late June this year.
How much do you agree with this statement: "I believe that Bitcoin (BTC)'s
purpose is more so a store of value, than it is a transactional
currency." Why or why not? Share with me in the polls! Ethereum
(ETH) developers are using the Lightning payments network to build
bridges into the Bitcoin (BTC) ecosystem. Venture-backed crypto startup Radar,
best known for its decentralized exchange (DEX) relayers for 0x has just
launched a service, RedShift, that allows people to pay a lightning
invoice from an ethereum wallet. MetaMask wallet users with an in-
browser widget will be able to add a second widget to their browsers and
paste a lightning invoice into the ethereum wallet. On the back end, Radar will
swap the ETH for BTC and manage channels so the recipient is paid in BTC. This
widget will eventually connect the user to a pool of market makers beyond Radar.
According to Radar product lead Brandon Curtis, a large majority of the crypto
community are "interested in multiple chains, in multiple assets, and want to
build things that bridge between them". Turkey's President Recep Tayyip
Erdogan has directed the Turkish government to finish testing the
national digital bank currency (CBDC), a national
blockchain-based digital lira, by 2020. It is planned to be issued
by the Central Bank in accordance with the 2020 Annual Presidential Program.
The government intends to create a software platform for instant payments
based on the digital lira, and will be involving the national technology
innovation agency, the Scientific and Technological Research Council of Turkey
(TUBITAK) in the project as well.
The digital lira's launch is part
of Turkey's plan to boost the local economy by creating a robust
financial industry with a strong institutional system "that can respond
to the financing needs of the real sector at a low cost, offer different
financial instruments to a wide investor base through reliable institutions and
support Istanbul's goal of becoming an attractive global financial center".
The technology company managing IT operations for Coca Cola's bottlers,
Coke One North America (CONA), is implementing a blockchain solution
created by German software business SAP to handle its supply chain's cross-party
transactions. The company oversees various franchises that manage
almost 160,000 orders daily, which at times suffer from cross-party transactions
that are inefficient and slow.
CONA expects to use blockchain to
lower the time of order-reconciliation from 50 days to a mere few days via "an
inter-organizational, transparent distributed ledger" that offers real-time
insights of the transactions made by the network's bottlers. The number of
blocks preceding the block in question on the blockchain, or can be thought of
as total blocks in the chain before this point. At the start of 2019, Bloq
unveiled one of the most exciting and potentially transformative projects in its
BloqLabs portfolio: Titan. To bookend the year, they are returning to the Lion
City with an update on their vision and roadmap. Titan originally launched
with a strong focus on solving an emerging issue: managing and optimizing a
mine’s hardware at a massive scale, and have often joked that “plugging your
miner into the network should be the last thing you get out of your chair
to do.” Soon, the team realized that it’s not enough to make mines work
better, and that they needed to make mining itself work better. This means
delivering greater stability, accessibility, and transparency, worldwide. (With
a name like “Titan”, they make no small plans.) Their proposed answer - the
tokenization of mining hash power - should come to no surprise to anyone who has
followed Titan’s parent company, Bloq, and its renowned founders. To learn more,
come see Bloq Chairman Matthew Roszak and Titan CEO Ryan Condron about the
tokenization of hashpower at “The Capital”. For extra credit, download the
preliminary white paper and read ahead! Here are 5 Reasons to Attend The Capital
Get full access here! Blockchain-based digital trading platform Tradewind
Markets has launched a new "Origins" system on its platform to trace the sources
of its physical gold and other precious metals.
Ripple's investment branch and
tech incubator Xpring has completed a strategic investment into smart contract
program, Flare Networks.
A draft document released by the European Union
proposed that the union should contemplate creating its own digital currency.
TBA - Justin Sun's lunch with Warren Buffett "How much do you agree with this
statement: "Would you prefer for this newsletter to be more condensed?"" The
average vote was 5.2. Interesting... 24.1% of y'all voted a '1' and 24.1% of
y'all voted a '10' too. Dare to do
Unsubscribe - Unsubscribe Preferences
CoinMarketCap Daily Newsletter Do it “A life
spent making mistakes is not only more honorable, but also more useful than a
life spent doing nothing.” – George Bernard Shaw Today's newsletter is
sponsored by: Happy Wednesday, CoinMarketCap fam! Keep up the good work,
wherever you are, whatever you're doing!
Today in history (1860), AbrahamLincoln was appointed as the 16th President of the United States.
In today's newsletter, we will be covering Ethereum (ETH) developers
using the Lightning payments network to build bridges into
the Bitcoin (BTC) ecosystem, President Erdogan expecting Turkey to
finish testing digital lira in 2020 and Coca Cola using blockchain
for $21-billion-per-year network. Today, we also have a special
announcement from a sponsor, Titan. So be sure to check that out too! Please
do not forget to answer the polls down below too! It's a great way to interact
with you and hear what you have to say.
Happy reading! Over the past 24hours, total market capitalization rose slightly from ~$251 billion to
~$253.7 billion, with most coins seeing gains in the ~1-3% range. 24-hour volume
registered ~$90 billion. Notable mover of the day is VeChain (VET) and Algorand
(ALGO), both up ~13.8% and ~17.8% for the day. BTC is currently trading
at ~$9,390, up ~0.8% over yesterday. On the daily chart, BTC is still holding
above its 21-, 50- and 100-day EMA support lines, and RSI is at ~58 (been in
that region over the past week), indicative of moderate bullish momentum. BTC's
21-day EMA line has also crossed to the upside of its 50-day EMA line. BTC
continues to be trading within its lower highs and lower lows
trading pattern it has been trading within since late June this year.
How much do you agree with this statement: "I believe that Bitcoin (BTC)'s
purpose is more so a store of value, than it is a transactional
currency." Why or why not? Share with me in the polls! Ethereum
(ETH) developers are using the Lightning payments network to build
bridges into the Bitcoin (BTC) ecosystem. Venture-backed crypto startup Radar,
best known for its decentralized exchange (DEX) relayers for 0x has just
launched a service, RedShift, that allows people to pay a lightning
invoice from an ethereum wallet. MetaMask wallet users with an in-
browser widget will be able to add a second widget to their browsers and
paste a lightning invoice into the ethereum wallet. On the back end, Radar will
swap the ETH for BTC and manage channels so the recipient is paid in BTC. This
widget will eventually connect the user to a pool of market makers beyond Radar.
According to Radar product lead Brandon Curtis, a large majority of the crypto
community are "interested in multiple chains, in multiple assets, and want to
build things that bridge between them". Turkey's President Recep Tayyip
Erdogan has directed the Turkish government to finish testing the
national digital bank currency (CBDC), a national
blockchain-based digital lira, by 2020. It is planned to be issued
by the Central Bank in accordance with the 2020 Annual Presidential Program.
The government intends to create a software platform for instant payments
based on the digital lira, and will be involving the national technology
innovation agency, the Scientific and Technological Research Council of Turkey
(TUBITAK) in the project as well.
The digital lira's launch is partof Turkey's plan to boost the local economy by creating a robust
financial industry with a strong institutional system "that can respond
to the financing needs of the real sector at a low cost, offer different
financial instruments to a wide investor base through reliable institutions and
support Istanbul's goal of becoming an attractive global financial center".
The technology company managing IT operations for Coca Cola's bottlers,
Coke One North America (CONA), is implementing a blockchain solution
created by German software business SAP to handle its supply chain's cross-party
transactions. The company oversees various franchises that manage
almost 160,000 orders daily, which at times suffer from cross-party transactions
that are inefficient and slow.
CONA expects to use blockchain tolower the time of order-reconciliation from 50 days to a mere few days via "an
inter-organizational, transparent distributed ledger" that offers real-time
insights of the transactions made by the network's bottlers. The number of
blocks preceding the block in question on the blockchain, or can be thought of
as total blocks in the chain before this point. At the start of 2019, Bloq
unveiled one of the most exciting and potentially transformative projects in its
BloqLabs portfolio: Titan. To bookend the year, they are returning to the Lion
City with an update on their vision and roadmap. Titan originally launched
with a strong focus on solving an emerging issue: managing and optimizing a
mine’s hardware at a massive scale, and have often joked that “plugging your
miner into the network should be the last thing you get out of your chair
to do.” Soon, the team realized that it’s not enough to make mines work
better, and that they needed to make mining itself work better. This means
delivering greater stability, accessibility, and transparency, worldwide. (With
a name like “Titan”, they make no small plans.) Their proposed answer - the
tokenization of mining hash power - should come to no surprise to anyone who has
followed Titan’s parent company, Bloq, and its renowned founders. To learn more,
come see Bloq Chairman Matthew Roszak and Titan CEO Ryan Condron about the
tokenization of hashpower at “The Capital”. For extra credit, download the
preliminary white paper and read ahead! Here are 5 Reasons to Attend The Capital
Get full access here! Blockchain-based digital trading platform Tradewind
Markets has launched a new "Origins" system on its platform to trace the sources
of its physical gold and other precious metals.
Ripple's investment branch andtech incubator Xpring has completed a strategic investment into smart contract
program, Flare Networks.
A draft document released by the European Unionproposed that the union should contemplate creating its own digital currency.
TBA - Justin Sun's lunch with Warren Buffett "How much do you agree with this
statement: "Would you prefer for this newsletter to be more condensed?"" The
average vote was 5.2. Interesting... 24.1% of y'all voted a '1' and 24.1% of
y'all voted a '10' too. Dare to do
Unsubscribe - Unsubscribe Preferences
