π 30 Second Cryptocurrency Price Summary
Current Bitcoin Price:Β $9,652
Bitcoin price has made another push to the upside, breaking through recent highs to settle above the $9,600 mark.
Top-20 altcoins have responded well, with Ethereum up 2.6%, XRP up 1.2%, and IOTA leading the way with a 5% rise.
Top Stories for February 6, 2019 π₯
π Bakkt to Develop Digital Asset Wallet
Bakkt has announced its plans to create a digital asset wallet, which will support cryptocurrencies, cash, loyalty programs, and game points.
ICE – who own Bakkt – recently acquired Bridge2 Solutions, who provide loyalty programs to major global brands.
π Analyst Warns of Potential Liquidation of $100M in BTC Longs
A cryptocurrency trader and analyst has posted an alert that $100 million in Bitcoin long positions may be liquidated in a looming Bitcoin price drop.
The trader, known simply as “Mac”, claims that $9,800 represents an important resistance level, and that a recent gap in CME futures must be filled to $8,500.
π Samsung Invests in Smart Contract Business
Samsung Venture Investments and Salesforce Ventures both recently participated in a Series-C funding round for Digital Asset, a smart-contract company.
Digital Asset created a smart-contract language called DAML, which they intend to push for industrial adoption in the near future.